
Sreekariyam Independent House | 4BHK | New Construction
Ward 4 - Sreekariyam, Thiruvananthapuram Corporation, Thiruvananthapuram, Corporation
Property Highlights
Discover the Space
Presenting a meticulously planned independent house, scheduled for completion in 2025, located within Ward 4, Sreekariyam, Thiruvananthapuram. This substantial two-story residence spans 2700 sq ft on a 5.5-cent plot, offering a generous layout of 4 bedrooms and 4 bathrooms. Designed for contemporary living, it includes a secure compound wall with gate, built-in cupboards, kitchen cabinets, and dedicated parking for two vehicles. This east-facing, owner-listed property represents a compelling investment in a thriving locale.
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Quick Facts
About Sreekariyam, Thiruvananthapuram
Ward 4, Sreekariyam, located within the Corporation limits, is a well-regarded and primarily residential neighborhood known for its peaceful atmosphere and convenient access to urban amenities. It strikes a pleasant balance between a calm, family-friendly environment and proximity to essential services. Characterized by tree-lined streets and a mix of traditional homes and newer apartment complexes, Sreekariyam offers a relaxed lifestyle. Residents benefit from easy access to quality educational institutions, ranging from primary to higher secondary levels, ensuring a strong foundation for families with children. Healthcare needs are well-catered for with readily available medical facilities and clinics. For daily necessities and leisure, residents have a variety of local shops and supermarkets within easy reach, and larger shopping centers are just a short drive away. Public transportation options are plentiful, with frequent bus services connecting Sreekariyam to other parts of the city, making commuting relatively hassle-free.
The lifestyle in Sreekariyam is generally considered laid-back and community-oriented. The area attracts a diverse demographic, including young families, professionals, and retirees, contributing to a vibrant and inclusive social fabric. Buyers are drawn to Sreekariyam for its combination of tranquility, convenience, and access to quality education and healthcare. The perceived safety and well-maintained infrastructure are also significant factors. From an investment perspective, Sreekariyam holds considerable potential. Its strategic location, coupled with increasing demand for housing, makes it an attractive option for both homeowners and investors seeking long-term appreciation and rental income. The ongoing development in the surrounding areas is further expected to boost the property value in Sreekariyam, making it a promising prospect for those looking to invest in the real estate market.
Frequently Asked Questions
Data enriched FAQs with helpful insights and visuals
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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 ₹1.25 Cr property:
- Downpayment (20%): ₹25.00 L
- Registration & Stamp Duty (10%): ₹12.50 L
- Legal & Documentation: ₹30,000
- Brokerage (if applicable, 2%): ₹2.50 L
- Total Upfront: ₹40.30 L
- EMI (12 months @ ₹99,945): ₹11.99 L
- Property Tax: ₹52,500
- Maintenance: ₹64,800
- Home Insurance: ₹8,000
- Total Recurring: ₹13.25 L
Upfront Cost Breakdown
First Year Recurring Expenses
Loan Principal vs Interest
From Year 2 onwards: ₹13.25 L annually (EMI + tax + maintenance + insurance). Budget an additional 10% buffer for unexpected repairs or expenses.