Overview of Pallom, Kottayam

Location and Accessibility

Pallom is a neighborhood in Kottayam, Kerala. It's famous for its calm and scenic environment. This area is close to key sites like the Pakkil Sree Dharmasastha temple and the Yogeeshwaram Sree Mahadeva temple, making it a favored spot for those looking for peaceful yet connected living.

Property Types and Prices

• Residential Plots: About 67% of properties here are residential plots. These plots come in many price ranges. About 50% are priced between ₹40 Lac and ₹60 Lac, and the other half falls between ₹2.2 Cr and ₹2.4 Cr.
• Houses and Apartments: You can find traditional houses and modern multistorey apartments here. For example, a traditional house with 8 cents of land is available for around ₹5.5 lakhs.

Amenities and Infrastructure

• Proximity to Amenities: In Pallom, many homes are close to schools, supermarkets, and hospitals. Families might appreciate how some houses are a mere 10 minutes from Kottayam town, meaning easy access to key services.
• Connectivity: Pallom features good road access, with some properties boasting wide front roads, improving accessibility.

Rental Options

• Houses for Rent: Several rental houses and villas exist in Pallom. Take, for instance, a 2 BHK house with 2 bathrooms and 1200 sq ft of plot space. You can rent it for roughly ₹16,000 each month.

New and Ongoing Projects

• Real Estate Projects: Many ongoing and upcoming real estate projects are underway in Pallom, including those by Sowparnika Projects & Infrastructure Pvt. Ltd., Confident Group, and Desai Homes. These projects include multistorey apartments and are currently in construction.

Financing Options

• Home Loans: Various banks and financial institutions provide home loans for properties in Pallom, including Godrej Housing Finance, IDBI, Standard Chartered Bank, and UCO Bank. Interest rates range between 8.64% and 12.0%.

PropertyWala's Conclusion

Pallom in Kottayam strikes a good balance between peace and accessibility, making it a compelling option for buyers and renters. Its wide variety of properties, ranging from budget-friendly residential plots to large houses and modern apartments, meet a broad spectrum of needs and budgets. With its nearness to essential services and solid connectivity, Pallom stands out as a top choice for a comfortable and convenient living experience in Kerala.