Good access to schools, hospitals, transport

Vellipparamba Independent House | 4BHK | Newly Built 2025

82% Match for You

Ward 19 - Vellipparamba, Peruvayal, Panchayat, Kozhikode

₹ 12,500,000 1.25 Cr

Property Highlights

6.4 cents

Plot Area

Bedrooms

Bathrooms

2500

Sq.ft

Parking

1210

Property ID

Discover the Space

Presenting a newly constructed independent house in the tranquil Ward 19, Vellipparamba, Peruvayal, Kozhikode. This meticulously designed property, built in 2025, spans 2500 sq ft across two floors on a 6.4-cent plot. It features a spacious layout comprising 4 bedrooms and 4 bathrooms, complemented by an advantageous east-facing orientation and Vastu compatibility. The residence boasts modern conveniences including a secure compound wall with gate, integrated cupboards, wardrobes, kitchen cabinets, and open well water access. With ample parking for three vehicles, this offering at ₹12,500,000 provides a compelling real estate investment opportunity.

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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Quick Facts

Listed byAgent

Year Built2025

Property TypeIndependent House

Total Floors2

FurnishingSemi Furnished

Frequently Asked Questions

Data enriched FAQs with helpful insights and visuals

What is the sale price of this Property?

This Property is priced at ₹1.25 Cr. This works out to approximately ₹5,000 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 2,500 square feet. This is a large, luxurious space providing exceptional room for all family needs with premium lifestyle amenities. 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 ₹1.25 Cr, you'll need a downpayment of approximately ₹25.00 L (20%). For the loan amount of ₹1.00 Cr at 8.75% interest rate for 15 years, your approximate monthly EMI would be ₹99,945. Over 15 years, you'll pay ₹1.80 Cr in total (₹1.00 Cr principal + ₹79.90 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 ₹1.25 Cr, you could realistically negotiate to ₹1.18 Cr - ₹1.23 Cr, potentially saving ₹2.50 L to ₹7.50 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 Panchayat, annual property tax is calculated on Annual Rental Value (ARV). With a property value of ₹1.25 Cr, the estimated ARV is ₹7.50 L (6% of property value). Panchayat tax rate is typically 3-5% of ARV. Your annual property tax would be approximately ₹22,500 to ₹37,500.

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.