Q: Hi, Can anyone give me some advice about investing for a property in Thamarachalpuram? Is it a wise option to invest there? Tell me your opinion, please.
Yeah. for the apartments also, the same trend can be seen. There are only small projects here. Now, the price of the apartments here start from around Rs. 3500 per square feet to Rs. 4500 per square feet. The price has seen an increase by 11 percent from the past year.
exactly, recently only, I enquired about the price of the houses here. I came to know that even in this small area, the price of the houses were around Rs. 1879635 per cent. Minimum can be available around 16 lakhs, i guess.
Actually, the price of this area is high now itself. Within an year or two, you can expect a manifold increase in the price of the property here. For, plots, now the price is almost around 712 rupees per square feet in the present real estate market conditions.
Yeah...I agree to that. This is because, the Infopark and the Smart city, which is one of the best investment zones in Kochi is very near to the area. This area is seeing a rising demand because of the proximity to these IT hubs in Kochi. Infopark is just 10 km away and smart city is just 12 km away from here.
There are not many apartments in this region. Most of them are small projects. For bigger projects, you have to move to the kakkanad side. I think that most of the property that you can find in this area are individual houses as well as residential plots. I think for investment, this is a good zone.
I think that shopping is not that good in this area. You can only find some commercial outlets and provisional stores that cater to the everyday requirement of the people here. But, then, if you move to the areas like Kakkanad and all, then this is good for shopping.
I think that the connectivity to the Railway station and the airport is quite good in this locality. You can see that the Ernakulam Junction South Railway station is at a distance of just around 23 km from here. Even, the Cochin International Airport is also very near to the locality. I think the distance between the airport and the locality is 23 km.
The social infrastructure of this area is quite good. You can see that the St. Mary's Public School is in this locality. There are some other good schools and educational institutions nearby such as the St. George Public School, Vilangu UP School, Bethlehem School, St. Anthony's Public School, as well as colleges like Kochi Business School, Samaritan College of Nursing, KMEA Engineering College, Sree Narayana Gurukulam College, etc in and around this locality.
Exactly, the locality of Thamarachalpuram has been developing fast since last 5 or 6 years. The locality has been selected as one of the good localities for living. Thrikkakara, Kakkanad and all are very near to this locality.
Yeah..why not..This locality has good connectivity to the rest of Kochi. The Pookattupady Kizhakkambalam road passes through the centre of this locality and connects this locality to Kizhakkambalam. The locality is also near to the Chithrapuzha Ponjassery road that connects to Kakkanad and Palarivattom.
Thamarachalpuram is a pretty decent locality near to the Kizhakkambalam town. I think this is a very peaceful area away from the hustle and bustle of the city. This is a good investment option and also, you can buy a property here and can consider it as your second home, especially to spend vacations.
Oh..that's great news. I was also browsing for some information regarding this locality. How is the social infrastructure here? Can you tell me more details about this locality?