
Thrissur Independent House: New 2025 Build in Madavakkara
Ward 10 - Madavakkara, Thrissur, Panchayat, Nenmanikkara
Property Highlights
Discover the Space
Presenting a newly constructed independent house available for immediate investment in Ward 10 – Madavakkara, Nenmanikkara, Thrissur. This 950 sq ft single-floor residence, completed in 2025, offers a practical layout with 2 bedrooms and 2 bathrooms on a 4-cent plot. Its west-facing orientation and dedicated parking for one vehicle enhance daily convenience. Strategically located within a developing panchayat, this property represents a sound acquisition at an attractive price point of ₹22,00,000 for those seeking modern living or a promising rental asset.
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Quick Facts
About Madavakkara, Thrissur
Ward 10, Madavakkara Panchayat, is a steadily developing residential enclave known for its peaceful ambiance and growing community spirit. While retaining its rustic charm, it's quickly embracing modern conveniences, making it an attractive location for families and individuals seeking a balanced lifestyle. The area boasts essential amenities that cater to daily needs, including easily accessible educational institutions for children of all ages and readily available healthcare facilities ensuring residents' well-being. Conveniently located retail outlets and markets provide diverse shopping options, while a network of public transportation options, including buses and auto-rickshaws, facilitates easy commuting to nearby towns and cities.
Madavakkara's appeal lies in its blend of tranquility and accessibility. The lifestyle here is generally relaxed, with a strong sense of community fostered by local festivals and gatherings. The demographics are diverse, reflecting a mix of long-time residents and newcomers drawn by the area's affordability and potential. Buyers are often attracted to Madavakkara for its relatively lower property prices compared to urban centers, coupled with the promise of a quieter life without sacrificing essential amenities. Furthermore, ongoing infrastructure developments and the increasing demand for housing in the region suggest promising investment potential in land and property within Ward 10, making it a worthwhile consideration for those looking to enter the real estate market.
Frequently Asked Questions
Data enriched FAQs with helpful insights and visuals
What is the sale price of this Property?
What is the built-up area 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 ₹22.00 L property:
- Downpayment (20%): ₹4.40 L
- Registration & Stamp Duty (10%): ₹2.20 L
- Legal & Documentation: ₹30,000
- Brokerage (if applicable, 2%): ₹44,000
- Total Upfront: ₹7.34 L
- EMI (12 months @ ₹17,590): ₹2.11 L
- Property Tax: ₹9,240
- Maintenance: ₹22,800
- Home Insurance: ₹8,000
- Total Recurring: ₹2.51 L
Upfront Cost Breakdown
First Year Recurring Expenses
Loan Principal vs Interest
From Year 2 onwards: ₹2.51 L annually (EMI + tax + maintenance + insurance). Budget an additional 10% buffer for unexpected repairs or expenses.