Good access to schools, hospitals, transport

MG Road, Kochi: 5BHK Independent House with Vastu & Security

Kochi Mgroad, Kerala, Ernakulam, 682016

₹ 60,000,000 6 Cr

Property Highlights

10.5 cents

Plot Area

Bedrooms

Bathrooms

4500

Sq.ft

Parking

1321

Property ID

Discover the Space

An exceptional investment opportunity awaits on Kochi’s prime MG Road, Ernakulam. This East-facing independent house, constructed in 2015, features a generous 10.5-cent plot and a substantial 4500 sq ft built-up area across two floors. Designed for comfort and security, it includes five bedrooms, five bathrooms, and parking for four vehicles. Key amenities such as air conditioning, built-in wardrobes, CCTV surveillance, and Vastu compatibility enhance its value. Sustainable living is supported by rain water harvesting and open well water, making this a strategic acquisition in a highly desirable urban locale. Offered at ₹60,000,000.

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

Monthly EMI: Calculating...

Total Payment: Calculating...

Total Interest: Calculating...

📍 Neighborhood Infrastructure Analysis

MG Road, Kochi: 5BHK Independent House with Vastu & Security

85/100

Excellent★★★★☆

Based on 11 infrastructure categories

🏥

Healthcare & Wellness13 nearby

100/10

Excellent medical infrastructure ensures immediate healthcare access.

13 healthcare & wellness

Vathakat Orthopaedic Hospital(0.14 km)
Sree Sudheendra Medical Mission Hospital(0.33 km)

🎓

Education7 nearby

85/10

Excellent education hub with top-tier schools and colleges.

7 education

Amity Global Business School(0.76 km)
Little Angels Play School(0.84 km)

🚇

Transportation4 nearby

70/10

Good public transport connectivity.

4 transportation

M. G. Road(0.5 km)
Ernakulam Town(0.65 km)

🛒

Shopping & Retail22 nearby

100/10

Vibrant shopping ecosystem with multiple retail options.

22 shopping & retail

Cooperative Departmental Store(0.38 km)
Laboratory Equipment Stores(0.45 km)

🍽️

Dining & Entertainment41 nearby

100/10

Vibrant dining and entertainment scene enhances lifestyle.

41 dining & entertainment

Frys(0.36 km)
Aruvi Natural Restaurant(0.45 km)

🏦

Banking & Finance31 nearby

100/10

Multiple banking options for financial convenience.

31 banking & finance

Idbi Bank(0.31 km)
Kotak Mahindra Bank(0.41 km)

🚓

Safety & Emergency2 nearby

50/10

Basic emergency services nearby.

2 safety & emergency

Police Station(0.51 km)
Cerebtec Technologies Pvt.Ltd(1.18 km)

🕌

Religious & Cultural19 nearby

100/10

Rich cultural heritage and spiritual landmarks.

19 religious & cultural

Ashir Bhavan(0.34 km)
House Of Providence Church(0.47 km)

🌳

Recreation & Leisure2 nearby

50/10

Some recreational options nearby.

2 recreation & leisure

Kadavumbhagam Ernakulam Synagogue(1.06 km)
Marine Drive(1.4 km)

🏨

Hospitality16 nearby

100/10

Thriving hospitality sector indicates a developed area.

16 hospitality

The International(0.42 km)
Cochin Park(0.52 km)

🏛️

Community & Civic6 nearby

85/10

Strong community infrastructure.

6 community & civic

Rena Event Hub(0.72 km)
St. Francis Xavier Church Hall(0.74 km)

Quick Facts

Listed byAgent

Year Built2015

Property TypeIndependent House

Total Floors2

FurnishingFully 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 ₹6.00 Cr. This works out to approximately ₹13,333 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 4,500 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 ₹6.00 Cr, you'll need a downpayment of approximately ₹1.20 Cr (20%). For the loan amount of ₹4.80 Cr at 8.75% interest rate for 15 years, your approximate monthly EMI would be ₹479,735. Over 15 years, you'll pay ₹8.64 Cr in total (₹4.80 Cr principal + ₹3.84 Cr 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 ₹6.00 Cr, you could realistically negotiate to ₹5.64 Cr - ₹5.88 Cr, potentially saving ₹12.00 L to ₹36.00 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 ₹6.00 Cr, the estimated ARV is ₹36.00 L (6% of property value). Panchayat tax rate is typically 3-5% of ARV. Your annual property tax would be approximately ₹108,000 to ₹180,000.

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.