Location and Accessibility

Koonamthai, situated in Edappally, Ernakulam, is highly accessible due to its proximity to vital infrastructure. The locality is only 300 meters from the National Highway, making it well-connected by road.

Real Estate Market Trends

The real estate market in Koonamthai and Edappally is growing swiftly. Here come some key trends:

• Price Appreciation: The housing market in Kochi, including Edappally, has seen moderate price appreciation of 5-7% over various segments in 2024.
• Housing Demand: There is an uptick in demand for both affordable and luxury housing, fueled by the boom in IT and tourism industries. Edappally, with its IT hubs, stands out as a prime area.

Types of Properties Available

• Residential Plots: For example, a 10 cents plot is available, perfect for housing and small apartments. These plots often offer good power and water supply, with easy access via wide roads.
• Luxury and Affordable Housing: Whether it’s a luxury project with penthouses or affordable homes, both types are available. Luxury projects feature amenities like fitness centers and swimming pools, while affordable options cater to first-time buyers and middle-income families.
• Flats and Apartments: There are both fully and semi-furnished flats for rent or sale, providing modern amenities and close proximity to schools, hospitals, and other essential services.

Infrastructure and Amenities

• Transportation: The ongoing projects like the Kochi Metro and improvements on the highway are boosting the area's connectivity and slashing travel times.
• Amenities: Properties in Koonamthai and around Edappally come with top-notch amenities such as fitness centers, swimming pools, and stunning gardens. Schools like LMCC Higher Secondary School and hospitals like Lourdes Hospital are close by as well.

Investment Potential

• Growth Prospects: Due to infrastructure upgrades and rising demand, the area is poised for continuous growth, presenting a promising location for real estate investment.
• Digitalization: Real estate deals in Kochi, including Koonamthai, increasingly use digital methods like virtual tours and digital contracts to improve convenience and accessibility.

PropertyWala's Conclusion

Koonamthai in Edappally combines easy access, increasing demand, and growing infrastructure, making it a top choice for buyers and renters alike. From affordable plots to luxurious apartments, with its robust infrastructure development, Koonamthai shines for long-term investment. Whether you seek a plot to build your home or a modern apartment with luxury features, Koonamthai is highly recommended.