Latest Answer: The maximum is around Rs. 4500/ sq. ft. for apartments in prime locations in Kakkanad. So for an average 3BHK apartment of 1500 square feet area in this locality, the maximum amount that you have to pay will be around Rs. 68 Lakhs.
You can always negotiate with the seller on the square foot price and convince him to reduce it. That will reduce the total cost of the apartment that you are buying