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 exploring property advertisements in Wayanad?

Hills & Wills is an online property-advertising platform dedicated exclusively to hill-station properties across India, including Wayanad. 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. Interested users can search, view and compare advertised properties in Wayanad and connect directly with the respective property owners or other advertisers.

Eligible Wayanad property owners can post property advertisements under the available free or paid listing plans to sell property online or advertise it for rent. 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.

Users may also refer to general Wayanad property-rate trends and compare advertised property information before making their own decisions. Interested users should independently verify the advertiser, property particulars, title, land classification, permitted use, applicable restrictions and required approvals before proceeding.