Overview of Koorkenchery, Thrissur

Location and Setting

• Koorkenchery is a locality in Thrissur, Kerala, known for its strategic location and developing infrastructure. This makes it an appealing place for both living and investing.

Property Varieties

• The area provides various property choices, such as apartments, standalone houses, villas, and plots.
  • Apartments: Available in configurations like 2 BHK and 3 BHK units, ranging from about 1001 to 1601 sq.ft.
  • Houses and Villas: They typically range from 1500 sq.ft. to 3100 sq.ft., often on plots measuring 6 to 16 cents.
  • Plots: Offers different sizes, from 5 cents to 16 cents, fitting for building homes or land investment.

Costs

• Apartment Prices: Costs vary, but a 2 BHK apartment averages ₹40-50 lakhs, while a 3 BHK falls between ₹50-70 lakhs.
• Villas: Luxury villas range from ₹1.25 crores to ₹1.65 crores, based on size and features.
• Plot Prices: Prices for residential plots vary, starting around ₹3.9 lakhs for smaller plots and as much as ₹17.6 lakhs for larger ones.
• Average Cost per Sqft: Properties in Koorkenchery on average cost around ₹4,000 per square foot.

Rental Possibilities

• Renters can find:
  • Apartments: Available 2 BHK and 3 BHK units with monthly rentals ranging ₹15,000 to ₹22,000.
  • Houses: Multiple-bedroom houses for rent, with rental prices ₹15,000 to ₹30,000 per month.

Services and Amenities

• Koorkenchery includes modern amenities, such as:
  • Educational institutions like Kendriya Vidyalaya close by.
  • Healthcare facilities and shopping centers nearby.
  • Gated communities offering jogging tracks, swimming pools, and clubhouses.

Trend in the Market

• The real estate market in Koorkenchery, Thrissur, is booming, spurred by infrastructure development, economic progress, and rising demand for homes and businesses.
• The area attracts investors, particularly non-resident Indians, due to its strategic location, cultural value, and up-to-date facilities.

PropertyWala's Opinion

Koorkenchery, Thrissur stands out as a compelling choice for homebuyers and investors, offering modern amenities, a strategic location, and various property types. With ongoing infrastructure improvements and a healthy economy, this area is set for long-term growth. Whether one seeks a luxury villa, a practical apartment, or a plot for personal construction, Koorkenchery offers options for many budgets and tastes.