Property & Land Price in Idukki Vs Major Cities

None other than the famous Idukki!

Idukki is quite a vibrant district. It is rich in biodiversity and natural resources. It is famous for its wildlife sanctuaries, forests, tea and rubber plantations. It is in this district the famous Munnar, Thekkady and Vagamon are situated. The abundance of scenic beauty and pleasant weather is what drives people to visit Idukki. It is one of the few places in which one can feel connected to nature.

Being of immense tourist potential and supported by governmental policies, Idukki has grown to be a desired investment destination. Today, its position in the Indian real estate scenario is remarkable. The speciality of Idukki real estate is the wide choice of properties across the district. Young adults from all over India are eyeing to own a property in Idukki. This has led to a boom in the market for holiday homes, which are individual houses or Villas. Let us look at an analysis of property prices in Idukki as compared with popular cities in its vicinity.

The following data has been compiled from trusted sources on the internet as of June 2021.

Let’s begin with residential land price.

Land price in Idukki Vs Major Cities

The average price for residential plots in top localities in Theni, Ernakulam, Kochi and Thrissur are as shown below. The respective areas considered are

• Theni - Cumbum
• Ernakulam - Arakkunnam
• Kochi- Aluva
• Thrissur- Guruvayoor

The prices are compared with average land price in Anachal, Idukki

The unit is in Rs. / sq. ft

Builder floor price in Idukki Vs Major Cities

The average price for builder floor in top localities in Theni, Ernakulam, Kochi and Thrissur are as shown below. The respective areas considered are

• Theni – Theni town
• Ernakulam - Maradu
• Kochi - Muvattupuzha
• Thrissur - Guruvayoor

The prices are compared with average builder floor price in Adimali, Idukki

The unit is in Rs. / sq. ft

 Apartment price in Idukki Vs major cities

The average price for apartment in top localities in Theni, Ernakulam, Kochi and Thrissur are as shown below. The respective areas considered are

• Theni - Genguvarpatti
• Ernakulam - Edappally
• Kochi - Kadavanthara
• Thrissur - Chembukkav

The prices are compared with average apartment price in Kaliyur, Idukki

The unit is in Rs. / sq. ft

Independent houses / villa prices in Idukki Vs Major Cities

The average price for independent house in top localities in Theni, Ernakulam, Kochi and Thrissur are as shown below. The respective areas considered are

• Theni - Cumbum
• Ernakulam - Thrippunithura
• Kochi - Aluva
• Thrissur - Urakam

The prices are compared with average house or villa price in Vagamon, Idukki

The unit is in Rs. / sq. ft

What do we infer?

• Idukki is an economic real estate destination for people who wish to invest in a hill station or otherwise in Kerala

When compared with Kochi as a benchmark, the property rate in Idukki is as given below

• One can buy land in Idukki at only23% of the price in Kochi
• Apartment prices are 65% lesser than Kochi

As compared to its nearest city,

• Builder floor prices and independent house prices are only 31%of price in Theni

Apart from the price point, what makes Idukki click as a destination?

• A pleasant climate even in summers coupled with serenity
• There is a great scope to explore nature’s beauty as the whole district is of sightseeing potential

Are you interested in exploring property advertisements in Idukki?

Idukki covers a geographically diverse area with considerable variations in altitude, climate, terrain and local restrictions. Interested users should therefore conduct appropriate independent research before selecting a location or property. Hills & Wills is an online property-advertising platform dedicated exclusively to hill-station properties across India, including Idukki. Its hill-specific listing fields enable advertisers to present relevant property particulars such as surrounding views, climate, altitude, terrain, gradient, access, water source, fencing and revetment. Users can search, view and compare advertised properties in Idukki and connect directly with the respective property owners or other advertisers.

Interested users should independently verify their eligibility to purchase the property, the advertiser, title, land classification, permitted use, applicable restrictions, required approvals and any environmental, slope-stability or hazard-related considerations before proceeding.

Do you want to advertise a property in Idukki?

Eligible Idukki property owners can post property advertisements under the available free or paid listing plans on Hills & Wills to sell property online or advertise it for rent. Online advertising can provide visibility to interested users across different locations.

Eligible real-estate agents, dealers, builders and promoters may post multiple authorised property advertisements under the applicable plans, subject to the platform’s terms and legal requirements, including any registration required under applicable law. Project advertisements must include the applicable RERA registration particulars or a valid basis for RERA exemption.