Overview of Parambil Bazar, Kozhikode

Where It Is and Why It's a Hot Spot

Parambil Bazar in the city of Kozhikode, boasts a strategic location. This makes it appealing to those looking to buy or rent. The area has easy access to many amenities. Plus, it’s well-connected to other urban centers.

Pricing

• Selling:
  • Half of the properties are priced under ₹20 Lac. The other half range from ₹40 Lac to ₹60 Lac.
  • Independent houses and villas start around ₹45 Lac.
• Rental:
  • Monthly rent for a 4 BHK house typically goes for around ₹12,000.

Types and Perks

• Individual Homes and Villas:
  • Comes in 3 BHK and 4 BHK setups.
  • Often feature modern touches like mosaic flooring.
• Apartments:
  • Also available in different layouts, such as 3 BHK and 4 BHK setups.

What’s the Going Rate Per Sq.Ft?

• The usual price in Parambil Bazar is around ₹3,028 per square foot. This indicates a market that’s fairly affordable compared to the usual urban prices.

Property Sizes

• On Sale:
  • Properties vary from 1200 sq.ft to 1750 sq.ft. This variability caters to different family sizes and preferences.
• To Rent:
  • Rental properties include 4 BHK houses with similar square footage, offering ample living space.

PropertyWala's Final Thoughts

Parambil Bazar in Kozhikode provides a mix of affordability and amenities that suits both buyers and those looking to rent. The range of property types helps meet different budgets and family needs. The area's strategic location and reasonable price per square foot are big perks for real estate investors. It’s best, however, to conduct a careful market analysis and check properties in person before you decide.