Kochi Pin Codes: 5 Most Expensive Areas in Kochi
Kochi, a beautiful coastal city in Kerala, India, has been attracting people from all over the world with its rich culture, scenic beauty, and growing economy. However, living in Kochi can be quite expensive, especially in some of the most sought-after areas. In this article, we will take a look at the 5 most expensive pin codes in Kochi city to live in, including the name of the area, cost of living, average property rate, and average cost of renting a 2BHK.
Pin Code 682011: Panampilly Nagar
Panampilly Nagar is a posh residential area located in the heart of Kochi city. It is known for its well-maintained roads, green surroundings, and high-end amenities. The cost of living in this area is quite high, with an average monthly expense of around Rs. 50,000 for a family of four. The average property rate in Panampilly Nagar is around Rs. 10,000 per square feet, and the average cost of renting a 2BHK apartment is around Rs. 25,000 per month.
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Pin Code 682020: Kadavanthra
Kadavanthra is another popular residential area in Kochi, known for its proximity to the city center and good connectivity. It has a mix of both residential and commercial spaces, making it an ideal location for those who want the best of both worlds. The cost of living in Kadavanthra is around Rs. 40,000 per month for a family of four. The average property rate in this area is around Rs. 8,000 per square feet, and the average cost of renting a 2BHK apartment is around Rs. 20,000 per month.
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Pin Code 682031: Vyttila
Vyttila is a bustling commercial area located on the outskirts of Kochi city. It is well-connected to other parts of the city through buses and trains, making it an ideal location for those who need to commute regularly. The cost of living in Vyttila is around Rs. 35,000 per month for a family of four. The average property rate in this area is around Rs. 7,500 per square feet, and the average cost of renting a 2BHK apartment is around Rs. 18,000 per month.
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Pin Code 682304: Kakkanad
Kakkanad is a fast-developing suburb located on the outskirts of Kochi city. It has emerged as a major IT hub in recent years, with many multinational companies setting up their offices here. The cost of living in Kakkanad is around Rs. 30,000 per month for a family of four. The average property rate in this area is around Rs. 6,000 per square feet, and the average cost of renting a 2BHK apartment is around Rs. 15,000 per month.
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Pin Code 682035: Edappally
Edappally is a popular residential area located in the northern part of Kochi city. It has seen a lot of development in recent years, with many high-rise apartments and shopping malls coming up in the area. The cost of living in Edappally is around Rs. 25,000 per month for a family of four. The average property rate in this area is around Rs. 5,000 per square feet, and the average cost of renting a 2BHK apartment is around Rs. 12,000 per month.
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Conclusion
Kochi can be quite expensive, especially in some of the most sought-after areas . However, it is important to note that the cost of living and property rates may vary depending on various factors such as the size of the property, amenities, and location. Nevertheless, these five pin codes are some of the most expensive areas in Kochi city to live in, and provide a glimpse into the real estate market in the city.
If you are planning to move to Kochi and are looking for a place to live, it is important to do thorough research and consider various factors before making a decision. Some of the factors that you may want to consider include the proximity to your workplace or school, availability of public transport, safety, and access to amenities such as hospitals, supermarkets, and parks.
Overall, Kochi is a beautiful city with a lot to offer, and while living in some of the most expensive areas may come at a higher cost, the quality of life and the amenities available in these areas are certainly worth considering.
FAQs
Yes, there are several affordable areas in Kochi city where the cost of living and property rates are lower. Some of these areas include Aluva, Kalamassery, and Tripunithura.
The cost of living in Kochi city may be affected by various factors such as the cost of food, transportation, housing, and healthcare. Additionally, the cost may also vary depending on the location and the amenities available in the area.
Yes, there are several furnished apartments available for rent in Kochi city, especially in the more developed areas. However, the cost of renting a furnished apartment may be higher than an unfurnished one.
The average cost of a 2BHK apartment in Kochi city may vary depending on the location and the amenities available. However, in the most expensive areas such as Panampilly Nagar and Kadavanthra, the average cost may range from Rs. 18,000 to Rs. 25,000 per month.
To find a suitable place to live in Kochi city, you can consult with a real estate agent, check online listings, or visit the area in person to get a sense of the surroundings and amenities available. Additionally, it may be helpful to consider your personal preferences and requirements before making a decision.
