Alappuzha
The Chengannur real estate market is currently characterized by a distinct upward trend in property values, particularly within the villa segment. This growth reflects a broader shift in buyer preferences toward spacious, independent living options that offer both value and long-term appreciation potential. Market participants are observing consistent demand for high-quality residential assets, which continues to support the positive trajectory of local property rates. Sustained interest from both local residents and those looking for secondary homes underscores the area's stable investment profile.
The average asking price for a villa in Chengannur is ₹3,350 per sq ft as of March 2026. This figure represents a significant market shift, as villa prices have appreciated by 34.95% from March 2025 to March 2026. Such a substantial increase indicates strong buyer interest and a tightening supply of villa inventory in the region over the past year.
