Mattancherry, Kochi
- Nearby Localities
- Thoppumpady, Pallimukku, Marine Drive, Menaka
About
Overview of Mattancherry, Kochi
Location and Significance
Mattancherry is a historic location in Kochi, Kerala known for its vibrant markets, ancient temples, and colonial architecture. It's a popular tourist spot and a great choice for those wanting to invest in real estate. With its blend of heritage and modern amenities, it’s an attractive option.
Property Prices
- Starting price? Around Rs. 3,283 per sqft.
- Average price? Roughly Rs. 5,168 per sqft.
- The highest properties? They can go up to Rs. 8,348 per sqft.
Market Trends
- Property prices recently went up by 0.21%, indicating a stable market.
- Kochi's overall real estate market, including Mattancherry, is expected to grow. This is fueled by infrastructure development and more demand for housing, both affordable and fancy.
Infrastructure and Amenities
- Mattancherry enjoys better connectivity due to Kochi’s wider infrastructure, like the Kochi Metro and Koch Water Metro.
- It is convenient for people, with schools, hospitals, and shops nearby.
Investment Opportunities
- Tourism and Cultural Importance: The historical and cultural values of Mattancherry make it a great spot for holiday homes and serviced villas. Tourists will rent these places and bring income.
- Mixed-Use Developments: There is a growing trend in mixed-use and smart apartments. They focus on convenience and offer technology-advanced living.
Rental Market
- Rentals are active in Mattancherry with independent homes and flats available at different prices.
- An average 2 BHK independent house is rented for around ₹10,000 a month, depending on location and amenities.
Emerging Trends
- Sustainable Living: Eco-friendly housing is rising in Kochi. Features now include rain harvesting, solar energy, and green landscaping. This might influence property choices in Mattancherry.
- Digitalization: Technology is transforming Kochi’s real estate. Expect virtual tours and digital contracts, making deals more accessible.
Challenges and Considerations
- Construction costs are going up because of material prices.
- Overdevelopment might hurt property value in some areas of Kochi.
PropertyWala’s Conclusion
Mattancherry, Kochi offers a great chance for real estate buying and renting due to its mix of old charm and modern conveniences. Stable prices, improving infrastructure, and rising tourist and IT demand make it appealing for buyers and renters. However, investors should keep market trends, sustainability, construction costs, and overdevelopment in mind. Mattancherry offers a perfect mix of culture, convenience, and investment opportunities in the Kochi real estate market.
Nearby
-
Transport
- Hindustan Petroleum (<1 km)
- Mattancherry Water Metro Station (<1 km)
- Cochin Harbour Terminus (~2 km)
- Ernakulam Boat Jetty (~4 km)
- Ernakulam South (~5 km)
- Cochin International Airport (~38 km)
-
Shopping & Dining
- Caza Maria (<1 km)
- Café Crafters (<1 km)
- Margin Free Market (~2 km)
- Polakkandam Market (~3 km)
- Center Square Mall (~5 km)
- Defence Canteen Kochi (~6 km)
-
Healthcare
- Getmedgo Clinic Mattancherry (<1 km)
- Women and Children Hospital, Mattancherry (<1 km)
- davaindia GENERIC PHARMACY (<1 km)
- Meera Eye Clinic (~2 km)
- Taluk Head Quarters Hospital Fort Kochi (~2 km)
- Kripa Ayurveda Marma Hospital (~3 km)
-
Education
- Sree Gujarathi School (<1 km)
- Tirumala Devaswom Higher Secondary School,Mattanchery (<1 km)
- Cochin College (~2 km)
- Central Insitute of Fisheries Technology (~4 km)
- Maharaja's College (~4 km)
- Ernakulam Public Library (~5 km)
-
Leisure & Entertainment
- T. D. High School ground (<1 km)
- EVM (~2 km)
- Kerala Kathakali Centre (~2 km)
- Maharaja's College Ground (~5 km)
- Naval Golf Course (~7 km)
- Rajiv Gandhi Indoor Stadium (~7 km)
-
Services
- Bank of Baroda (<1 km)
- Fire and Rescue Station, Mattancherry (<1 km)
- Excise Range Office, Mattanchery (<1 km)
- Police Station, Mattanchery (<1 km)
- Mattancherry Branch ATM (<1 km)
- Fort Cochin Post Office (~3 km)
-
Religious Places
- Mattancherry Paradesi Synagogue (<1 km)
- Our Lady of Life's Church (<1 km)
- Dharmanath Desar Jain Mandir (<1 km)
- Puthiya Palli Masjid (<1 km)
- Ramnath Santheri Kamaskshi Devasthan (~1 km)
- Chembittapally Juma Mosque (~2 km)
-
Business & Hospitality
- Taj Malabar Resort and Spa (~2 km)
- No 18 Hotel (~2 km)
- Kochi Port (~2 km)
- International Container Transhipment Terminal (~4 km)
- Prestige Cyber Green (~19 km)
- LuLu IT Twin Towers (~20 km)
Reviews
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News
Mattancherry Lease Land Dispute Leaves Businesses and Heritage at Risk
The New Indian Express · · Regulatory
ICCI has asked the Ernakulam district collector to resolve decades of uncertainty over Mattancherry lease lands, which it says is hurting trade and heritage buildings.
Key facts
The Indian Chamber of Commerce and Industry (ICCI), Mattancherry, petitioned the Ernakulam district collector to resolve the legal status of lease lands along the Mattancherry channel. Granted by the erstwhile Cochin kingdom more than a century ago to promote trade, the lands have been in legal limbo for over 30 years.
Some title deeds combine tax-free jenmom land and lease land, with buildings crossing both categories. The revenue department stopped accepting lease rent and halted land transfers in 1994. ICCI says some documented lease lands are now treated as purambokku, or unassessed government land. Uncertainty has prevented repairs and renovations, contributing to business closures and deterioration of heritage structures.
ICCI asked the government to clarify the lands’ status and either assign them to existing occupants or resume rent collection at rates affordable for small traders.
Kochi Water Metro Links Planned for 2027, Mattancherry Desilting Soon
The New Indian Express · · Infrastructure
Kochi Metro Rail Limited plans to start Water Metro services between Thoppumpady and Edakochi by 2027 and begin Mattancherry desilting within two to three months.
Key facts
- Desilting in Mattancherry is due to begin within two to three months to address Water Metro service disruptions caused by low tides; Kochi Metro Rail Limited (KMRL) Chairman and Managing Director Loknath Behera said the work should improve reliability.
- Water Metro terminals at Thoppumpady and Edakochi are planned to be ready by 2027, with more services to be added as the network expands.
- Behera said better transport connectivity could help revive Mattancherry’s traditional trade and economic activity.
- Indian Chamber of Commerce and Industry president Raj Kumar Gupta called for affordable, dependable boat services that operate regardless of tides and connect with nearby Water Metro jetties.
Kochi Inaugurates Hospital Blocks, Mattancherry Park and Kalvathy Hall
thehindu · · Infrastructure
Kochi inaugurated four civic projects, including new hospital blocks in Mattancherry and Fort Kochi, Diamond Park upgrades and a renovated Kalvathy community hall.
Key facts
Kochi Corporation and Cochin Smart Mission Limited inaugurated four projects: new blocks at the Mattancherry Women and Child Hospital and Fort Kochi Taluk Hospital, a renovated Kalvathy community hall and improvements to Diamond Park in Mattancherry.
The Fort Kochi hospital received ₹1.80 crore from the Corporation’s development fund and ₹40 lakh from BPCL’s CSR fund. Facilities include a geriatric centre, paediatric ward, casualty unit, outpatient block, pay wards and physiotherapy centre. Its geriatric ward was renovated with ₹50 lakh in health-grant funds; the physiotherapy centre has a laser magnetic stimulation device, used for the first time in Kerala. A separate three-storey, 15,737-sq-ft block costing ₹7.40 crore has outpatient counters, doctors’ rooms, nursing station, laboratories, pharmacy, lift and fire-safety system. CT and MRI services at affordable rates are nearing completion through HLL Lifecare, funded by ₹1.10 crore from the Corporation and ₹1.75 crore from the MP development fund.
The Mattancherry hospital’s three-storey, 14,995-sq-ft block cost ₹7.40 crore and includes outpatient counters, doctors’ rooms, pharmacy, lift and fire-safety system. Diamond Park received landscaping, a walkway, LED lighting, stage and toilets for ₹2.80 crore. Kalvathy’s air-conditioned, 50-seat hall was renovated for ₹6 crore.
K.J. Maxy, Hibi Eden and Mayor M. Anilkumar inaugurated the projects; Deputy Mayor K.A. Ansiya attended.
Kochi Water Metro Set to Boost Connectivity and Growth in Mattancherry
MSN · · Infrastructure
The arrival of Kochi Water Metro service in Mattancherry is expected to strengthen connectivity and support commerce in the historic trading hub.
Key facts
Kochi Water Metro service is set to arrive in Mattancherry, with the historic trading hub poised to become a centre for connectivity, commerce and culture.
Sreedharan Proposes Kochi Ropeway and Alternative Metro Corridor
New Indian Express · · Infrastructure
E Sreedharan proposed a Fort Kochi–Maharaja’s College ropeway and urged KMRL to consider an elevated Aroor–Varapuzha metro instead of extending the airport line.
Key facts
E Sreedharan proposed an urban ropeway from Fort Kochi to Maharaja’s College via Mattancherry and Willingdon Island in a letter to KMRL’s managing director. He said ropeways can carry 5,000–6,000 passengers per hour, suit roads too narrow for metro construction and cost about one-third as much as a metro. He recommended that KMRL’s technical director study systems in Varanasi, Bolivia and Mexico before deciding on a third metro line.
Sreedharan called the proposed Aluva–Angamaly extension via Nedumbassery undesirable, citing competition from a new Southern Railway station at Nedumbassery Airport and a proposed DMRC high-speed rail link from Tripunithura and Palarivattom to the airport. The latter would take 10 minutes and cost around ₹100. He instead suggested an elevated metro from Aroor to Varapuzha via Edappally along the National Highway bypass. He said Delhi Metro’s airport link carried over 60,000 passengers but was not operationally profitable, despite DMRC funding civil and track works; KMRL would face a major financial burden. A copy of his letter was sent to the Transport Department secretary.
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Shop / Showroom for sale in Pallimukku
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Shop
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- Locality ID
- A910152641
- PinCode
- 682002