Property & Land Price in Wayanad Vs Major Cities
Kerala is a land of many opportunities. This Indian state has gained popularity as a tourist destination over the last two decades. The state governments efforts to promote indigenous arts and natural treatments like Ayurveda is an important reason for this popularity. Slowly yet steadily Kerala has evolved to be one of the India’s top tourist destinations.
What makes Kerala special? Its plentiful hill stations. According to a popular tourist website there are about 20 hill stations in Kerala. It goes without saying that the state’s natural beauty has earned it the name ‘god’s own country’. In 2019, Kerala recorded 1.96 crore domestic and foreign visitors. It was a 17.2% growth from the previous year.
The growing concerns over the ongoing pandemic, has shifted people’s attention toward hill stations. Hill stations are less densely populated making them a perfect choice for the purpose of social distancing. In this blog, we are going to explore Wayanad as a hill station. Why Wayanad?
Wayanad is a rural district located in South West India. In 2018, it had a population of 8.47 lakhs. It offers a perfect setting for thriving in the pandemic. Thus, we shall understand Wayanad’s position with respect to popular places in Kerala by comparing property prices.
Let’s begin with residential land price.
The following data has been compiled from trusted sources on the internet. The time period of this data is as of April 2021
Land price in Wayanad Vs Major Cities
The average price for residential plots in top localities in Ernakulam, Trivandrum, Kozhikode, Kochi are as shown below. The respective areas considered are
- Trivandrum-Kazhakootam
- Ernakulam - Thrippunithura
- Kochi - Aluva
- Kozhikode - Ashokapuram
The prices are compared with Mananthavady in Wayanad
The unit is in Rs. / sq. ft
Builder floor price in Wayanad Vs Major Cities
The average price for builder floor in top localities in Ernakulam, Trivandrum, Kozhikode, Kochi are as shown below. The respective areas considered are
- Trivandrum - Kazhakootam
- Ernakulam - Thrippunithura
- Kochi - Aluva
- Kozhikode - Mankavu
The prices are compared with Kaniyambettain Wayanad
The unit is in Rs. / sq. ft
Apartment price in Wayanad Vs major cities.
The average price for apartment in top localities in Ernakulam, Trivandrum, Kozhikode, Kochi are as shown below. The respective areas considered are
- Trivandrum - Kazhakootam
- Ernakulam - Thrippunithura
- Kochi - Aluva
- Kozhikode - Thondayad
The prices are compared with Panamaramin Wayanad
The unit is in Rs. / sq. ft
Independent houses / villa prices in Wayanad Vs Major Cities
The average price for Independent house in top localities in Ernakulam, Trivandrum, Kozhikode, Kochi are as shown below. The respective areas considered are
- Trivandrum - Kazhakootam
- Ernakulam - Thrippunithura
- Kochi - Aluva
- Kozhikode -East Hill
The prices are compared with Kalpetta in Wayanad
The unit is in Rs. / sq. ft
What do we infer?
- Wayanad is an economic real estate destination for people who wish to invest in a hill station in Kerala
When compared with Major cities, the property rate in Wayanadis as given below
- One can buy land in Wayanad / buy plot in Wayanad at approximately 15% of the price in the state capital (Trivandrum)
As compared to its nearest city,
- Builder floor prices in Wayanad are just 46% of price in Kozhikode
- Apartment prices in Wayanad are just 27% of the price in Kozhikode
- Independent houses in Wayanad are just 47% of the price in Kozhikode
Apart from the price point, what makes Wayanad click as a destination?
Climate
Wayanad is a beautiful plateau situated at a height between 700 and 2100 metres above the Mean Sea Level in the western ghats.Its range of altitude gives an option for people to choose their preferred climate. One can opt for a property at a cosy climate or a misty climate according to their preference.
Attractions
Wayanad is one of the most diverse geographical locations. It consists of trekking trails, caves, waterfalls, and sites for birdwatching. According to adventure enthusiasts, Wayanad offers a unique experience as compared to other hill stations in Kerala.
Property views
Property options in Wayanad are varied. This is owing to the different kinds of plantations that are supported in Wayanad. One can choose a property among Pepper or Cardamom plantations in addition to Coffee and tea estates.
Are you interested in buying a property in Wayanad?
Contact the hill station property experts at Hills & Wills. Having established a strong hold in TamilNadu, the company has proudly diversified its online property advertising offerings in the nearby states of Kerala and Karnataka. To get the best of Wayanad property rates, visit their portal today.
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