Overview of Maradu, Kochi

Location and Connectivity

• Maradu is in the Ernakulam district of Kochi, Kerala.
• Main highways connect it, like the Kochi-Panvel Highway (NH-668B), NH-66, and NH-85.
• Tirunettur Railway Station links Maradu with Kollam, Trivandrum, and Mangalore. The Kochi Metro’s Petta Station is also close by, around 3 km away, leading to Aluva and SN Junction.

Property Types and Prices

• Apartments:
  • Apartment prices usually range from Rs. 5,550 to Rs. 7,750 per square foot.
  • Last year saw their price slightly drop, around 1.8% to 1.9%.
• Independent Houses:
  • There are 2 BHK and 3 BHK houses that sellers often mention.
  • House prices are close to the average for apartments.
• Land:
  • Land costs Rs. 2,350 to Rs. 3,350 per square foot on average.

Infrastructure and Amenities

• Shopping:
  • Shops and malls like Forum Mall and Nucleus Mall dot Maradu.
• Transportation:
  • Cabs and autos easily available, also good public transport.
• Civic Infrastructure:
  • A new pipeline from Udayamperoor to Maradu is forthcoming. It will help upgrade civic amenities.
• Internal Roads:
  • Some folks have voiced complaints about the poor condition of roads within the area.

Market Trends

• Price Appreciation:
  • Properties here have seen little change or even a slight dip over the last year. However, over the past 5 years, prices rose 20.7% to 36.0%.
• Current Market:
  • Now, buying or selling property in Maradu is potentially profitable due to steady or slightly rising prices.

Availability of Properties

• For Sale:
  • More than 67 properties are up for sale now, including houses, apartments, and land.
• For Rent:
  • Over 14 rental options are available, with flats and houses included.

Popular Configurations

• 2 BHK and 3 BHK:
  • 2 BHK and 3 BHK setups are most sought after.

PropertyWala's Conclusion

Maradu in Kochi strikes a balance for buyers and tenants alike for purchasing or renting. The area provides excellent connectivity and features modern amenities, alongside a variety of property types at different price levels. Despite problems with internal road conditions, its general infrastructure and upcoming civic changes make Maradu appealing. Given stable to increasing property prices, it's worth thinking about investing or living here. But it’s important to research the specific property and its surroundings before making a choice.