Q: hey all, i am an NRI and am looking forward to invest in some land or property in Kalady. Is this the right time to invest. I don't know the market trend of land in kochi. please provide me an honest review of the locality so that i can make a sure decision. thanks in advance.
Kalady has a very good locality. I would like to share some very good residential pockets in Kalady. Some of these places are like Chengal, Puthussery, Mattoor, Enchackal Kavala, Kaippattoor, Mekalady, Thalayattumpilli etc. The area near to the Main Central road is mostly commercial, though.
the latest news about the price trends that i have is for the third quarter of 2013. at that time, the average price for a square feet of land in Kalady was almost rs. 3529. I think this is a reasonable rate for any place in the Kochi district.
Kalady has good infrastructure facilities. the main central road that connects to NH 47 passes through kalady. This provides a great connectivity to Kochi town as well as Salem. you know, river periyar also runs by the side of kalady. the controversial Sree Shankaracharya bridge of kalady is built over periyar river. i think the renovation work has begun. so, we can hope that the issue with the bridge will be resolved very soon.
do you knw dat Kalady is a historic place which is famous as the birthplace of Sri Adi Shankara. If you wanna invest here, its a nice idea because it has many tourist or pilgrim destinations like Shankara Temple and Ramakrishna Advaita Ashram and many other places. Sree Sankaracharya University of Sanskrit and Indian Culture is also here.
hi, i think investing in a land in Kalady is a good option to invest in just like any other place in Kochi. The influx of the smart city project can be seen everywhere, even in the real estate sector. This has lead to a jump in the price of land and will continue as the growth progresses.
Yeah, that's true. but, i am a resident of kalady. If you are planning to settle here and work here, you have to be a little careful about the traffic and all. kalady bridge developing fissure was in the news recently. this lead to a great traffic snarl at kalady. there are such issues that you have to be prepared if you are moving in here. If it is only for investment, then its a fine place.