Pathanamthitta, Kerala Property Guide
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Pathanamthitta, Kerala Real Estate News
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Overview of Pathanamthitta's Real Estate Market
Average and Range of Property Prices
In Pathanamthitta, real estate property pricing can vary significantly based on the area:
- District Average: On average, prices stand at ₹7,742 per square foot. The price can range from ₹1,200 to ₹23,333 per square foot.
- City Average: Downtown Pathanamthitta averages ₹5,359 per square foot, with prices between ₹3,545 and ₹7,142 per square foot.
Localities and Their Price Trends
Several regions in Pathanamthitta showcase unique price trends:
- Thiruvalla: Prices average ₹5,765 per square foot, spanning from ₹5,632 to ₹5,949.
- Omalloor: Averages ₹5,869 per square foot, including one listing at ₹6,600.
- Mylapra: Shows a wide spectrum with averages up to ₹10,814 per square foot, ranging from ₹2,470 to ₹23,333.
- Manjadi: Here, the average is ₹4,105 per square foot.
Types of Properties Available
Pathanamthitta has a mix of properties for buyers and renters:
- Apartments: You'll find them across different areas at prices from ₹70 lac for a 2 BHK to ₹1.7 cr for a 3 BHK.
- Independent Houses: Costs start from ₹1.7 cr, with an average of ₹9,742 per square foot.
- Villas: Prices start at ₹58 lac, while average prices per square foot vary.
- Plots and Land: In prime spots like Ranni, you can find plots up to 2 acres.
Rental Properties
Renting in Pathanamthitta comes with several choices:
- Starting Rental Prices: From around ₹2,500 per month.
- Types of Rentals: Options include houses, villas, apartments, and builder floors, such as:
- A ₹15,000-per-month 2 BHK fully furnished apartment.
- A ₹12,000-per-month 4 BHK house near the town.
- A ₹5,000-per-month 1 BHK homely flat.
Factors to Consider
Before you decide, think about:
- Location: Check proximity to schools, workplaces, and landmarks.
- Neighborhood Safety: Ensure it's secure.
- Rental Price and Lease Terms: Understand the costs and terms.
- Property Condition: Look for maintenance issues and check all amenities.
PropertyWala's Verdict
Pathanamthitta is a promising market with various options catering to different budgets and preferences. Whether you’re after a budget-friendly apartment or a luxury villa, there’s something for everyone. The increasing yearly prices signal a booming market, making it a good time for buyers and investors. However, always carefully consider the location, property condition, and market trends to make the right choice. With enough research, Pathanamthitta can be a great investment or living choice.