Elamakkara: Developing residential micro-market in suburban Kochi
Elamakkara, which is located about 12 km towards the north-eastern fringe from the heart of Kochi, is developing into an important micro-market for affordable residential property. Besides its proximity to some major roads, the area is also developing rapidly in terms of infrastructure development. Moreover, it is also in the vicinity of many other prominent residential areas in Kochi like Kalamassery, Edapally, Kakkanad and Kaloor among others.
Connectivity
Elamakkara is renowned for being strategically surrounded by some major roads like the Edapally-Panvel Highway (NH-17), the ICT Road (NH-47C), the Banerjee Road and the Civil Line Road among others. Some of the other main roads passing through Elamakkara are the Edapally-Palarivattom Road, the Edapally-Raghavanpillai Road, the Desabhimani Road and the Perandoor Road among others. The nearest railway station from Elamakkara is the Edapally railway station which is about 2 km away. The Cochin International Airport is located about 25 km away along the Salem-Kochi-Kanyakumari Highway.
Infrastructure
There are some important infrastructure facilities that Elamakkara possesses. Some of the reputed schools in Elamakkara are Bhavan’s Vidya Mandir, Elamakkara Government Higher Secondary School and Saraswathi Vidyanikethan Public School among others. There are also other important educational institutions in the area that include the Center for Earth Science Studies and Lakshmi Institute of Fashion Designing among others. Some of the prestigious health-care facilities in the area are the Amritha Hospital, the Renai Medicity Hospital and the Ayurakrishna Pancha Karma Center among others. Some of the important religious institutions in the area are the Punnakkal temple, the St. Antony’s church and the Salafi Juma Masjid among others.
Developers and Realty Scenario
Some of the important residential pockets in Elamakkara are Mamangalam and Kousalya Nagar among others. Most of the residential units here are either 2 or 3BHK apartments. Some of the important completed apartment projects here are Dream Flower Celesta by Dream Flower Housing Projects, Valluassery Enclave by Yasoram Builders and CVC Calista Apartments by Cherian Varkey Construction Company among others. The upcoming apartment projects in Elamakkara include Kristal Malachite by Kristal Group and Ace LF Grace by ACE Homes, among others. The value of apartment projects in Elamakkara range between Rs 3,000-3,500 per sq. ft. The important aspect about apartment projects here is that they are available in different value ranges starting from Rs 20 lakh to above 1.2 crore.
Future Prospects
Elamakkara is a developing micro-market is suburban Kochi which holds immense potential to emerge as a prominent residential destination. However, for this potential to get realised, it is imperative that the infrastructure of the area gets a face-lift in terms of better facilities and amenities. This would invariably enhance the demand for residences among buyers and end users. Considering that it is an area that is tucked away from the hustle and bustle of city life, it is an ideal destination for leading a charmed lifestyle. The area is expected to witness an upsurge in residential demand provided the infrastructure development gathers pace and catches up with many other prominent micro-markets in Kochi. This could bring in many high-profile developers to launch prestigious residential projects in the area, thereby resulting in appreciation in residential values.
