It is a residential plot for sale in Kerala, which has been advertised on realty sites. The cost of the property is 535 Lakhs by standing area, and 95,000 Lakhs per acre.
The price of this land in Skyland – Kalamassery Development Plot has risen slowly with time owing to its proximity to national highways and the upcoming metro project. All the government offices and companies will be installed here in this area. The population of this residential area is expected to flourish in the coming years owing to its strategic location.
The total land available with the project is 1,500 acres, and it will be completed in many years. The location of the upcoming metro station is Kalamassery and there are many offices, hospitals and schools available nearby.
The closest mall to Skyland – Kalamassery Development Plot is Ansal Plaza; a well-known landmark where you can buy all your needs conveniently. City center mall is also very close by even though it has skyrocketing prices because of its name and location.
Here some points are discussed about skyland business center–
1. Located in Kalamassery, a prime location.
Certain portions have been sold by the developer to be developed as a mega apartment complex. A large plot which is spread over an area of 5,000 acres. Amazing amenities like Skyland mall and Skyland medical etc projects are attached to this master plot with 1,500 acres of land.
So basically you can get everything here, maybe not the thrill of planning a whole town for yourself but still the convenience is there for you to grab even though the metro station is not operational yet on this stretch.
In addition to this, the biggest mall of Kerala is also going to open in this area. The first phase will have a built-up area of 10,000 sq.ft with parking space for 50 cars which will be further extended to 150,000 sq ft in the second phase.
The 30-acre land for the project has been bought from Skyland at a price of Rs. 75 crore (1.5 million per acre) and Rs 23 crore from the Delhi-based realty firm, Devron Projects Private Limited(Rs 7 million per acre). This entire project is being developed by a company named Gaurav Group.
2. A short drive from the metro station
The location is much better than Guduvanchery Nagar, Palarivattom and Pathanamthitta. It’s just 7 km away from Kalamassery and 3 km from KSRTC bus stand (opposite the KSRTC bus station, Palarivattom). This place is considered one of the prime locations in Kerala.
3. Fast growth with less development
Skyland – Kalamassery Development Plot has been developed as a growing neighbourhood. The work is on and all the infrastructure projects are being taken care of by them, which shows a commitment towards this project at some level.
4. Low maintenance cost in comparison to expats and foreigners
The people there will have to pay a very low price compared with any other area in the state. Various homes and apartments are available at prices ranging from Rs 6 lakhs to Rs 8 lakh per square foot which is much less than any other areas of Kerala.
5. Multi-cultural society
For years, this area has been a residential area for many communities from various parts of the world. You will find people from Arab, Europe and America living here in harmony. Thus this place is also popularly called an expatriate colony though it is a total residential area of Kerala. The origin lies in the fact that this place was established by two expats named Muthukrishnan Nair and Abu Bakar Ali.
6. South Indian temple near by
There is a South Indian Panchayat at Kalamassery. So people from all communities come here to pray and worship. This place is also known as Thirumukkambha or Ayyanapuram at times.
7. Silent industry in the area
The industries are well-known for their utmost professionalism, quality and output. The best example for this would be the Eden Spice factory which has been functioning here in Kerala for more than 40 years now. That speaks a lot about this place as well as the standard of living that is expected to be provided here by all the home builders.
8. Availability of many facilities for the residents
The latest amenities and facilities that you can expect to find here are the following: A shopping mall with a hypermarket, banks, schools, hospitals, fitness gyms and more. The real estate developers have put in their best to bring in everything that you need here in this area.
However calling it a city would be an exaggeration but given the ease of living here, it is worth considering if you are looking for a small town like environment after leaving your small town behind.