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How Ottapalam booming as a hotspot for real estate investments in Palakkad

How Real Estate Market Of Ottapalam Booming As A Hotspot For Investments In Palakkad

Ottapalam is a charming town situated in the heart of Palakkad. Now Ottapalam is emerging as a hotspot for the real estate market of Palakkad. In this blog, we are exploring some points about how real estate market of Ottapalam becomes a major spot for investments.

Introduction to Ottapalam

Ottapalam is a town of cultural richness and calmness. Ottapalam is situated in Palakkad district, Kerala. It is in the valley of the Bharathapuzha River. Due to its historical legacy and beautiful landscape, this place is considered as a top one for shooting locations for the cinema industry. This is because this town has the perfect homege settings required for a Malayali homege. This town has a dual advantage of both homege beauty and modern culture. This makes Ottapalam a perfect spot for homebuyers and real estate investors. In this blog, we are going to discuss how Ottapalam stands out among other places in Palakkad in the real estate market.

Real Estate market of Ottapalam

While we are considering the past few years, real estate market of Ottapalam has witnessed a significant surge in real estate investments. This town offers a range of home options. This includes Luxury homes, affordable homes, etc. The budget-friendly land and home properties make a major attraction for real estate investors to choose Ottapalam. This converts Ottapalam into an ideal option for Permanent residents of an affordable second home.

Analysing Infrastructure Development in Ottapalam

Recent Developments

For the past few years, Ottapalam had many infrastructural upgrades, mainly focusing on transportation networks. The rebuilding of Ottapalam bus stand can be considered as a major one. This made Ottapalam easily accessible from the major cities like Palakkad and Thrissur. This convenience also played a key role in boosting the demand for investing in the real estate market of Ottapalam. Kinfra Park Ottapalam has boosted the job opportunities in this locality.

Current Developments

Ottapalam’s development is not just limited to the transportation network. The town now possesses other amenities, like shopping malls, food courts, educational hubs, hospitals, etc. These kinds of developments have a major contribution to the rising demand for properties and land in Ottapalam.

Upcoming Developments

The future holds more promising infrastructural developments for Ottapalam. Many projects are queuing in the pipeline. Ottapalam town will witness many stunning projects on transportation, living amenities, commercial developments, etc. This will change Ottapalam, a very promising destination for investors.

Economic Growth and Job Opportunities

For past years, the financial security of Ottapalam was always dependent on the agriculture;l sector and low-scale businesses and industries. This is the stage of the large business boom in Ottapalam and many investors and businessmen are looking at real estate market of Ottapalam as a fruitful land for their growth. As a tail end an incredible increase for employees will also matter. So job opportunities also increase. To reach the location is quite simple. This will also attract investors to change their focus to real estate market of Ottapalam.

Scope of Increase in Property Value

The scope of real estate market of Ottapalam is growing day by day. Ottapalam’s real estate market is on an upward track now. Real estate experts predict that the probability of increasing property value is very high. The Ottapalam town has its blend of natural serene and trending amenities makes it a top choice for property buyers. This ensures that properties here will appreciate over time.

Cultural Attractions in Ottapalam

The most attractive thing about Ottapalam is its immense cultural richness. This town is home to many worship spots. This includes churches, temples, and mosques as a mixture of different cultures. The Chinakkathoor Pooram is a very famous festival of Ottapalam. Varikkassery mana is also a historic allure for Ottapalam. This place serves as a major shooting location for many Malayalam movies. This is also a famous tourist spot in Ottapalam. The Bharathapuzha River can be considered another attraction of Ottapalam. 

Real Estate market of Ottapalam

Entertainment Hubs Near Ottapalam

When you choose to invest in real estate market of Ottapalam, then it opens a door to spend your leisure time. Ease to access movie theatres, shopping malls, etc.

Major tourist spots near Ottapalam are the following

  1. Varikkassery Mana
  2. Mayannur Bridge
  3. Ananganmala Eco Tourism
  4. Silent Valley National Park
  5. Dhoni Waterfalls
  6. Malampuzha Dam
  7. Fantasy Park

Hospitals in Ottapalam

When we consider the healthcare facilities of Ottapalam, several hospitals and clinics are available in Ottapalam. Some of them are Following

  1. P K Das Institute Of Medical Science
  2. Valluvanad Hospital
  3. Seventh Day Adventist Hospital
  4. Aswini Hospital
  5. Semalk Hospital
  6. Eye care Hospital
  7. Taluk Hospital Ottapalam

Educational institutions in Ottapalam

Educational institutions play a major role in the development of Ottapalam. Many schools, Colleges, and educational institutions are available near Ottapalam. Major schools and colleges and schools near Ottapalam are the following.

  1. NSS College Ottapalam
  2. NSS Training College Ottapalam
  3. PK Das institute of medical science
  4. N.S.S.K.P.T Vocational Higher Secondary School
  5. KPMVHSS Varode
  6. T R K H S S Vaniyamkulam
  7. Amrita Vidyalayam Ottapalam
  8. Seventh Day Adventist School Ottapalam etc.

Conclusion

From all the discussions we can conclude that Ottapalam is a charming town with beauty and cultural richness. Moreover, the amenities offered by Ottapalam are also very attractive. Now we can conclude that real estate market of Ottapalam Ottapalam is the best spot for property investors. As a builder in Ottapalam KMA Properties also takes an inevitable part in Ottapalam’s real estate market. We are the masters in building affordable homes in Ottapalam. So never miss the opportunity to take part in the mesmerizing journey of Ottapalam real estate.