
20 Cent Residential Plot in Ollukkara, Thrissur | Road Access
Ward 32 - Ollukkara, Thrissur Corporation, Thrissur, Corporation
Property Highlights
Discover the Space
Presenting a prime 20-cent residential plot situated in Ward 32 – Ollukkara, within the Thrissur Corporation area. This substantial parcel of land offers excellent road access, making it highly convenient for construction and daily living. Positioned advantageously near Mannuthi junction, the property ensures easy connectivity to key parts of Thrissur. Ideal for developing a custom home in a well-regarded locale, this plot represents a significant investment opportunity. Offered directly by the owner at ₹18,000,000, it provides a solid foundation for your future residential project.
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Quick Facts
About Ollukkara, Thrissur
Ollukkara, a vibrant ward in the Corporation, presents a pleasant blend of suburban tranquility and urban convenience. Known for its relatively peaceful atmosphere and well-maintained residential areas, it boasts a reputation as a family-friendly locality. The area offers a good range of essential amenities, including educational institutions catering to various age groups and healthcare facilities ensuring access to medical care. Everyday shopping needs are easily met with local markets and retail outlets, while reliable public transportation options facilitate smooth commutes within the ward and to other parts of the city.
The ward enjoys excellent connectivity, with well-laid roads and readily available public transport linking it to major commercial hubs and neighboring areas. This accessibility, coupled with the availability of essential amenities, contributes to a comfortable and convenient lifestyle. The demographic profile is diverse, encompassing families, working professionals, and senior citizens, fostering a sense of community. Buyers often gravitate towards Ollukkara due to its peaceful environment, affordable housing options compared to the city center, and the ease of access to vital services. With ongoing infrastructure development and increasing demand for residential properties, Ollukkara presents promising investment potential for those seeking a blend of comfortable living and long-term value appreciation.
Frequently Asked Questions
Data enriched FAQs with helpful insights and visuals
What is the sale price of this Property?
Can I get a home loan for this property?
Is the listed price negotiable?
Price Negotiation Scenarios
What is the annual property tax?
Property Tax Component Breakdown
What is my total cost in the first year of ownership?
Here's your complete first-year ownership cost breakdown for this ₹1.80 Cr property:
- Downpayment (20%): ₹36.00 L
- Registration & Stamp Duty (10%): ₹18.00 L
- Legal & Documentation: ₹30,000
- Brokerage (if applicable, 2%): ₹3.60 L
- Total Upfront: ₹57.90 L
- EMI (12 months @ ₹143,921): ₹17.27 L
- Property Tax: ₹75,600
- Home Insurance: ₹8,000
- Total Recurring: ₹18.11 L
Upfront Cost Breakdown
First Year Recurring Expenses
Loan Principal vs Interest
From Year 2 onwards: ₹18.11 L annually (EMI + tax + maintenance + insurance). Budget an additional 10% buffer for unexpected repairs or expenses.