How can I buy a house in Kerala?
11 Tips Checklist for Buying a House in Kerala
- The right location:
- Find the right neighborhood:
- Pay frequent visits and inspect:
- Facilities and amenities:
- Check floor plans:
- Legal matters:
- Project phase:
- Brand value and goodwill of the builder:
Which is the best place to buy house in Kerala?
Best Locations to buy a property in Kerala
- Trivandrum. The capital city is one of the most peaceful and emerging destinations for real estate investment.
- Kottayam. The land of lakes, latex, and letters, Kottayam has forever been a melting pot of cultures.
- Kochi.
- Malappuram.
- Calicut.
- Kannur.
How much does a house cost in Kerala?
Houses / Villas for sale in Kerala
| Property | Asking Price (EMI) |
|---|---|
| 3 BHK Villa (1,600 sq ft) | 83,00,000 (EMI: 63,717) |
| 4 BHK Villa (1,850 sq ft) | 85,00,000 (EMI: 65,252) |
| 5 BHK Villa (3,200 sq ft) | 1,15,00,000 (EMI: 88,282) |
| 3 BHK Villa (2,200 sq ft) | 1,20,00,000 (EMI: 92,121) |
How much money do you need to buy a house in Kerala?
It depends on the location. However the cost might start from 15 lakhs onwards for a good house that was built in last 5 years.
Is it safe to buy house in Kerala?
Buying property in Kerala is one of the best investments you can make for several reasons: owning property is a matter of prestige; there is always appreciation for property as the available land is not increasing; property can be sold, rented or leased out, and you can get healthy returns on your investment.
Which is the richest district in Kerala?
Ernakulam
List of districts and cities in Kerala by GDP per capita
| Rank | District | Per capita income in Rs. |
|---|---|---|
| 1 | Ernakulam | 251,104 |
| 2 | Kollam | 247,014 |
| 3 | Alappuzha | 234,857 |
| 4 | Thiruvananthapuram | 222741 |
Which district is safest in Kerala?
According to the ministry, Kozhikode is the only district in the ‘Green Zone’. This means it is the safest district in the state.
How much does it cost to build a luxury house in Kerala?
With the increase in raw materials for construction, around Rs 8 lakh more is needed to build a 1,000 sq ft house. In 2016, Rs 1,500 was cost per sq ft for construction. At present, it is Rs 2,300-2,500.
Is it good to live in Kerala?
Kerala is truly a blessed state in India where natural beauty dominates every nook and corner. Every district in Kerala is remarkable in a unique way. The state has many good places to live in terms of infrastructure, industry development, future growth potential, and educational opportunities, among other things.
Can anyone buy land Kerala?
Only an agriculturist can purchase agricultural land. A non-agriculturist is a person whose income from any source exceeds Rs. 25 lakh per annum (earlier the limit was Rs. 2 lakh per annum).
What is the house construction cost in Kerala?
Kerala Construction Cost using Builder ( Material + Labour Outsourced )
| TYPE | Avg. Quality | Best Quality |
|---|---|---|
| Area of Construction | 920 Sq. ft. | 920 Sq. ft. |
| Construction Estimate | ₹ 1564000 Rs. | ₹ 1932000 Rs. |
| Construction Cost in Lacs | ₹ 15.64 Lacs | ₹ 19.32 Lacs |
| Cost / Sq.ft | ₹ 1700 | ₹ 2100 |
Who can buy land in Kerala?
Anyone can buy agricultural land in Kerala except NRIs. According to the Kerala Land Reforms Act, 1963, the maximum area of land is as under; a) An adult unmarried person or the only surviving member of the family, five standard acres land and the ceiling limit is 6 and not more than 7 and a half acres.
Where do rich live in Kerala?
Mainly some families in Pala and Kanjirapally turned into aristocracy very quick, this along with good rubber production resulted in making these areas a rich settlement.
How much will it take to build a house in Kerala?
Construction Cost ( Material arranged by us, Only Labour Outsourced)
| Area of Construction | 920 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1196000 Rs. |
| Construction Cost in Lacs | ₹ 11.96 Lacs |
| Cost / Sq.ft | ₹ 1300 (Excluding Labour) |
How much money does it take to build a house in Kerala?
03 April 2022, 12:00 PM IST With the increase in raw materials for construction, around Rs 8 lakh more is needed to build a 1,000 sq ft house.
Which part of Kerala is the best to live?
7 Best Places (Districts) to Live in Kerala
- Thrissur. (Vadakkumnatha Temple Night View on a Festival Day, Thrissur)
- Kozhikode. (Kozhikode or Calicut Marked on Map)
- Alappuzha. (Boat House on the Backwaters of Alappuzha or Alleppey)
- Kottayam.
- Thiruvananthapuram.
- Malappuram.