Overview of Mavoor Road Area, Kozhikode

Location and Connectivity

Located in Kozhikode, Kerala, Mavoor Road stands out for its excellent connectivity and developed infrastructure. Close to many significant landmarks and amenities, it features educational centers, medical facilities, and commercial hubs. Major roads and transportation networks enhance its attractiveness for residents and commuters.

Property Types and Availability

The Mavoor Road area provides a broad spectrum of property types to meet various needs:

• Residential Properties: Apartments, bungalows, double-storey houses, and villas. Options range from 2 BHK to 4 BHK, many furnished or semi-furnished.
• Commercial Properties: Includes office spaces, retail shops, and commercial buildings for business use. Available in different sizes, often located in prime districts or busy commercial areas.

Pricing Trends

The pricing of properties in Mavoor Road aligns with trends in Calicut's real estate market:

• Residential Prices: Vary hugely. A 3 BHK apartment may cost around INR 83 Lac, while houses range from INR 9.55 lakh per plot to higher prices for fully built houses.
• Commercial Prices: Ranging from INR 10K to INR 50K per month for rentals, depending on specifics and location.

Market Demand and Growth

Property demand in the Mavoor Road area is fueled by several factors:

• Population Growth and Urbanization: Young professionals and families flock here, drawn by nearby schools, hospitals, and IT centers. This increases the need for homes.
• Infrastructure Development: Government projects like road expansions and metro rail boost property value and appeal.

Amenities and Lifestyle

Mavoor Road area offers numerous amenities for a modern lifestyle:

• Educational Institutions: Includes the National Institute of Technology Calicut (NITC) and Calicut Medical College.
• Healthcare Facilities: Access to top hospitals like Aster MIMS and Baby Memorial Hospital.
• Recreational Facilities: Many complexes boast security, parks, and amenities.
• Commercial Hubs: Proximity to shopping centers and offices for daily needs.

Buyer and Seller Activity

This area's real estate market is vibrant:

• Buyer Interest: Locals and outsiders buy properties due to economic growth and lifestyle perks.
• Seller Opportunities: A bustling marketplace means good exchange activity.

PropertyWala's Conclusion

Mavoor Road in Kozhikode offers a strong choice for buyers and renters. It has varied properties, good connectivity, and close access to amenities. With opportunities for growth and investments due to better infrastructure and economic factors, it deserves careful consideration based on pricing trends, demand, and specific needs.