Good access to schools, hospitals, transport

Chanthavila | New 2025 Independent House | East Facing

Ward 2 - Chanthavila, Thiruvananthapuram Corporation, Thiruvananthapuram, Corporation

₹ 7,900,000 79 Lacs

Property Highlights

4.5 cents

Plot Area

Bedrooms

Bathrooms

1700

Sq.ft

Parking

1198

Property ID

Discover the Space

Presenting a newly constructed independent house in the desirable Ward 2 – Chanthavila, Thiruvananthapuram. This 2025-built residence spans 1700 sq ft across two floors on a 4.5-cent plot, offering a generous 3-bedroom, 3-bathroom layout. Designed with Vastu compatibility and an advantageous east-facing orientation, the property includes a compound wall with gate, integrated kitchen cabinets, wardrobes, and efficient waste management. Ample parking for three vehicles enhances convenience. This owner-listed home represents a prime opportunity for a modern, ready-to-move-in investment in a rapidly developing area.

Loan Calculator

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Down Payment 20%

Interest Rate (p.a.) 8.5%

Loan Tenure 20 years

Loan Amount 50 Thousand

Interest Rate (p.a.) 12%

Loan Tenure 5 years

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Total Payment: Calculating...

Total Interest: Calculating...

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Quick Facts

Listed byOwner

Year Built2025

Property TypeIndependent House

Total Floors2

FurnishingSemi Furnished

About Chanthavila, Thiruvananthapuram

Ward 2 - Chanthavila, a vibrant part of the Corporation on the Kerala/Tamil Nadu border, is known for its peaceful residential character and strong community spirit. This locality offers a balanced lifestyle, attracting families and individuals seeking a serene environment without sacrificing convenience. The neighborhood boasts a good mix of essential amenities, including reputable educational institutions catering to various age groups and healthcare facilities providing accessible medical care. Residents can easily find daily necessities and enjoy local shopping experiences at nearby markets and stores. Well-maintained roads and a reliable public transportation network ensure seamless connectivity to neighboring towns and cities, making commuting and travel relatively hassle-free.

Chanthavila attracts a diverse demographic, with a significant presence of families, working professionals, and retirees. The lifestyle here is generally laid-back and community-oriented, fostering a welcoming atmosphere for newcomers. Homebuyers are drawn to Chanthavila for its affordable housing options compared to more central locations, its safe and tranquil environment, and the promise of a close-knit community. The area's strategic location, coupled with ongoing infrastructural development, positions it as a promising investment destination. Land values are steadily appreciating, driven by the increasing demand for residential properties and the potential for future commercial growth. Investing in Chanthavila offers the opportunity to be part of a thriving community with a promising future.

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Frequently Asked Questions

Data enriched FAQs with helpful insights and visuals

What is the sale price of this Property?

This Property is priced at ₹79.00 L. This works out to approximately ₹4,647 per square foot. The price may be negotiable based on market conditions, property age, and your payment terms. Contact the seller to discuss financing options and potential discounts for cash buyers or quick closures.

What is the built-up area of this property?

The built-up area is 1,700 square feet. This spacious layout offers ample room for comfortable living, entertainment, and family gatherings. This includes all rooms, corridors, balconies, and covered spaces as per the approved building plan.

Can I get a home loan for this property?

Yes, banks and NBFCs offer home loans for this property. Based on the price of ₹79.00 L, you'll need a downpayment of approximately ₹15.80 L (20%). For the loan amount of ₹63.20 L at 8.75% interest rate for 15 years, your approximate monthly EMI would be ₹63,165. Over 15 years, you'll pay ₹1.14 Cr in total (₹63.20 L principal + ₹50.50 L interest). Current interest rates range from 8.5% to 9.5% depending on your credit score, bank relationship, and loan amount. Compare offers from SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance.

Is the listed price negotiable?

Yes, property prices are often negotiable. In this market, deals typically close 2-6% below the asking price. For this property listed at ₹79.00 L, you could realistically negotiate to ₹74.26 L - ₹77.42 L, potentially saving ₹1.58 L to ₹4.74 L.

Price Negotiation Scenarios

Negotiation success depends on several factors: property time on market (properties listed 90+ days see higher negotiation), seller urgency, your payment terms (cash buyers have more leverage), market conditions, and property condition. Get a professional valuation (₹5,000-10,000) to strengthen your negotiation position. Research recent sale prices of comparable properties in the area. Make your first offer 7-10% below asking and negotiate from there.

What is the annual property tax?

For this property in Corporation, annual property tax is calculated on Annual Rental Value (ARV). With a property value of ₹79.00 L, the estimated ARV is ₹4.74 L (6% of property value). Corporation tax rate is typically 6-8% of ARV. Your annual property tax would be approximately ₹28,440 to ₹37,920.

Property Tax Component Breakdown

Tax is payable in half-yearly installments with 5-10% rebate for advance full-year payment. Vacant land attracts lower tax. Keep tax receipts updated for loan eligibility and future sale.