Thrikkakara, Ernakulam Overview

Locality and Connectivity

• Thrikkakara is a famous spot in Kochi, Ernakulam, celebrated for its key position and excellent connectivity.
• It is near several key places like Thrikkakara Temple, Model Engineering College, Sunrise Hospital, Kakkanad, and Lulu Mall.

Property Types and Prices

• Residential Properties:
  • Apartments: On average, prices range from Rs. 4,353 to Rs. 5,833 per sqft. Specific prices range include Rs. 4,500 - Rs. 7,150 per sqft for flats.
  • Independent Houses and Villas: Prices vary a lot, from semi-furnished to new villas in the range of Rs. 1.35 Cr to Rs. 1.60 Cr for 3-5 BHK configurations.
• Land Rates:
  • Land costs in Thrikkakara go from Rs. 2,500 to Rs. 4,050 per sqft.

Amenities and Lifestyle

• Thrikkakara has many amenities such as hospitals (e.g., Sunrise Hospital), schools (Model Engineering College, Cochin University of Science and Technology), shopping hubs (Lulu Mall), and recreational spots.
• People love this area for its calm neighborhood with quick access to city facilities, making it ideal for living and for investment purposes.

Infrastructure and Development

• The area is well-equipped with infrastructure so you can easily get to the main roads, including the seaport-airport highway. Plus, it's near IT centers like Infopark, Kochi.
• There are many residential projects and gated communities available, providing modern features like CCTV cameras, swimming pools, play areas, health services, and car spots.

Market Trends

• Property prices in Thrikkakara have gone up and down a lot. It has seen a huge 29.16% drop in property costs over the last year. Over the last 5 and 10 years, the rates have gone up by 49.3% and 45.3%, respectively.

Rental Options

• If you prefer renting, Thrikkakara has lots of choices, including semi-furnished and full-furnished apartments. Just for example, a 3BHK apartment can be rented for about ₹22,000 a month, which includes maintenance fees.

PropertyWala's Conclusion

Thrikkakara, Ernakulam, shows great chances for both people looking to buy and rent due to its excellent location, good connectivity, and various amenities. This area offers both affordable and luxury properties, making it fit for all budgets. While there's been a recent decrease in property prices, long-term growth hints it might be a smart move for investment. Overall, Thrikkakara is a very good spot for those wanting a balanced lifestyle with easy reach to necessary services and fun places.