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 to buy property in Idukki?

Most of the visitors, dream of buy property in Idukki, there due to its purest form of nature, fresh air, mesmerizing weather, clean water, eye catching lush green view all around, attractive revenue from spices and cash crop cultivation. But one need to understand that Idukki is the second largest state of Kerala with altitude varying from 2500 feet to 8500 feet with diverse climatic condition. It is better to do enough research both online and offline before deciding the location in Idukki where do you want to buy a property, suitability of the property meeting your purpose, worthiness of a property and about other critical parameters like land sliding zones and restriction by the government or  contact the hill station property experts like Hills & Wills.  To get the best of Idukki property rates and to buy Idukki property at ease, visit www.hillsandwills.com online property portal exclusively for hill station real estate across India.

Difficulty to sell property in Idukki ?

Offline advertisements to sell  a property is almost obsolete today due to its limited reach and higher cost while comparing to advertise online for sale. Though there are many online sources across India to post property Ad, they are mainly meant for real estate in plans while hillsandwills.com is an exclusive portal for hill station properties with targeted reach to hill property buyers alone which means quick sale, multiple buyer options and better sale price probability. If you want free of cost advertisement for your Idukki property and sell it quickly for fair price, then post your Ad on Hills & Wills which is the best website to sell hill station property across India. It is not only for sale, even to rent out your property in Idukki district, it is the most effective source as of now.