Overview of Pattanakkad, Alappuzha

Pattanakkad is a locality in Alappuzha, Kerala, renowned for its residential and investment opportunities. Let’s delve into what this area offers from a real estate standpoint.

Place and Convenience

• Pattanakkad lies close to Vayalar, offering a convenient blend of rural and urban life.
• The area has good connections to nearby towns and cities, enhancing its allure for both residents and investors.

Types of Properties and Availability

• Residential Plots:
  • Available in different sizes, from 5.5 to 7 cents, as well as a single 35-Cent plot.
  • Even larger plots, like 80 cents, can be found in nearby areas like Andhakaranazhy.
• Houses and Villas:
  • Both for sale and rent: consider a house/villa with a built-up area of 1700 sqft, rented for about ₹18,000 per month.
• Commercial Properties:
  • More commercial properties can be found in other parts of Alappuzha, while Pattanakkad centers mostly on residential offers.

Pricing

• Residential Plots:
  • Prices depend on the plot size and location. For instance, bigger plots, such as 80 cents, may cost up to "one crore sixty lakh" (Rs 1.6 crores).
• Houses and Villas:
  • Rental prices begin around ₹18,000 per month for a 1700 sqft house/villa.

Amenities and Facilities

• Residential Amenities:
  • Basic amenities are available. For more extensive facilities, residents may have to visit nearby towns.
• Transport:
  • Good road access makes it easy to go to nearby cities and services.

Market Trends and Investment Potential

• Residential Needs:
  • A consistent demand for residential properties due to its calm surroundings and close urban amenities.
• Future Plans:
  • Due to area's potential, there's a good chance of more development, which could raise property values over time.

PropertyWala's Verdict

In conclusion, Pattanakkad, Alappuzha, is a great choice for a quiet place to live with easy access to urban features. Different plot sizes and affordable rentals make it appealing for both buyers and renters. However, it’s wise for potential buyers to think about the existing infrastructure and projected development when making a choice. Ultimately, Pattanakkad combines rural charm and urban convenience, proving a sound investment in Alappuzha.