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In Malappuram, which is in Kerala, there’s a growing fascination for those interested in real estate investment and residential living. When thinking about buying or renting property in this city, here are some key points to think about:

Attractive Location and Infrastructure Situated strategically, Malappuram along with its robust infrastructure, makes it an appealing spot for both families as well as professionals. It has good connections to major places which makes it a great place for those looking for modern housing solutions.

Emerging Trends Malappuram’s real estate market is buzzing with change, fueled by a strong need for family-oriented housing. There’s a significant interest in multi-storey apartments, especially in places like Kottakkal. These areas offer modern styles, security, and family-friendly amenities. Builders are also giving a big push to sustainable practices, using eco-friendly materials and energy-efficient tools.

Luxury and Budget Options This city has a variety of housing options, from luxurious apartments to affordable ones. Companies such as Ghazal Builders are well-known for creating apartments that combine comfort, style, and reasonable prices. These homes are perfect for different needs, including flexible layouts and necessary amenities for small families and newcomers.

Price Trends Currently, property prices in Malappuram are quite stable, with an average cost of ₹3,007 per square foot. Starting prices hit around ₹3,100 per square foot. It looks promising for both buying and selling properties right now.

Local Market Dynamics In areas like Manjeri, there’s been a rise in property prices, suggesting it could be a smart move to sell properties. However, the wider Malappuram region shows a minor decrease, making it a good time for purchasing.

Rental Market Considering to rent? Comparing with nearby areas like Kozhikode can help. In Kozhikode, rentals begin at about ₹8,000 starting with an average rent of ₹12,937. Rental trends in Kozhikode have dropped over the past six months, while Malappuram’s rental market stays steady.

Gated Communities and Amenities The development of gated communities is a big trend in Malappuram’s real estate scene. These secure communities feature residential spaces with amenities such as swimming pools, fitness centers, and beautifully landscaped gardens, which are top picks for families and corporate workers.

PropertyWala’s Insight

Malappuram showcases an attractive real estate market blending traditional and modern trends. With its solid infrastructure, rising demand for family housing, and focus on sustainability, it’s a good choice for both buyers and renters. Whether you’re interested in top-notch apartments or budget-friendly homes, Malappuram offers a range of options that suit many needs and budgets. Knowing current price trends and local market dynamics will aid in making a smart, quality living choice in this burgeoning real estate center.