Overview of Udumbanchola, Idukki

Udumbanchola is in Idukki, Kerala, and stands out for its stunning natural beauty and rising real estate market. Let's delve into this locality's details from a real estate standpoint.

Property Prices

When purchasing homes here, prices can vary significantly based on type and size.

• Residential land/plot prices start at ₹2.3 Crore and go up, with a typical rate of around ₹1,056 per square foot.
• Houses range from ₹50 Lac for a 4-bedroom to ₹95 Lac for a 2-bedroom home, each varying in price per square foot.
• Prices start as low as ₹419 per sqft and average around ₹3,757 per sqft.

Types of Properties

Residential Houses

• Options include 2-bedroom, 3-bedroom, and 4-bedroom houses.
• Prices range from ₹50 Lac to ₹95 Lac, depending on size and amenities.

Residential Land/Plots

• Large plots and agricultural land are available.
• For example, a 10-acre cardamom plantation can cost around ₹3.5 crores.

Agricultural Land

• Significant choices for farms and plantations exist in the area.

Rental Properties

• Houses and villas are available, fully furnished, semi-furnished, and unfurnished.
• Rental prices range from about ₹1,100 per month for a short daily stay to ₹25,000 per month for larger, well-decorated properties.
• Prices fluctuate based on location near schools, workplaces, and other amenities.

Amenities and Infrastructure

• Udumbanchola has lush forests and pristine landscapes.
• Basic infrastructure exists, such as roads, schools, and local markets.
• Agricultural potential is strong, specifically for spice plantations like cardamom.

Considerations for Buyers and Renters

• Location matters when considering proximity to amenities, schools, and workplaces.
• Ensure properties are well-maintained and all amenities are in good shape.
• Understand lease terms and ensure all legal aspects are clear, especially when renting.
• Set a budget and use filters like price range, property type, and furnishing status to narrow down choices.

PropertyWala's Conclusion

Udumbanchola, Idukki, combines natural beauty with expanding real estate opportunities. Whether buying or renting, consider property prices, property types, and area amenities carefully. For a peaceful, serene environment and potential for agricultural ventures, Udumbanchola is a tempting option. Though, assess overall pros and cons, especially relative to advanced amenities and infrastructure availability.