A 2 BHK apartment is the most popular choice for first-time home buyers, young couples, and small families in Kannur. It offers the right balance of space, affordability, and maintenance — and in Kannur, you can find excellent options in the ₹35–65 lakh range.
Why Choose a 2 BHK in Kannur?
- Affordable entry point — ₹35 lakh gets you a decent apartment in upcoming areas; ₹55–65 lakh in prime localities
- Low maintenance — compared to a villa or independent house
- Rental income — Strong demand from Gulf returnees, government employees, and students
- Capital appreciation — Kannur airport has pushed residential prices up by 10–15% since 2023
Best Localities for 2 BHK Apartments in Kannur
Chirakkal (Price: ₹40–60 lakh)
Located close to Kannur beach and just 15 minutes from the international airport. Popular with NRI buyers. Newer apartment projects with amenities like swimming pools and gyms are coming up here.
Thana / Civil Station (Price: ₹45–65 lakh)
The most central location in Kannur. Walking distance from major hospitals, courts, government offices, and the railway station. Premium pricing but excellent connectivity.
Pallikkunnu (Price: ₹35–55 lakh)
A mid-range suburb popular with young professionals and government employees. Good bus and road connectivity. Several ongoing apartment projects from reputed builders.
Thalassery (Price: ₹30–50 lakh)
Affordable compared to Kannur city. Close to fishing harbour and historical sites. Good choice for budget-conscious buyers willing to commute 20–25 minutes to Kannur city.
What You Get in a 2 BHK Apartment in Kannur
| Budget | Area | Typical Features | Best Locality |
|---|---|---|---|
| ₹30–40 lakh | 750–900 sqft | Basic finishes, parking, water supply | Thalassery, Payyannur |
| ₹40–55 lakh | 900–1100 sqft | Good finishes, covered parking, lift, security | Pallikkunnu, Chirakkal |
| ₹55–70 lakh | 1100–1300 sqft | Premium finishes, amenities, prime location | Thana, Chirakkal |
Things to Check Before Buying a 2 BHK Flat in Kannur
- RERA registration — Check rera.kerala.gov.in. Projects with 8+ apartments must be registered
- Builder track record — Visit completed projects by the same builder; speak to existing residents
- Completion certificate — For ready-to-move flats, ensure OC (Occupancy Certificate) is obtained
- Maintenance charges — Ask for monthly maintenance amount upfront; ranges from ₹2,000–6,000/month
- Water and electricity — Confirm KSEB and KWA connections are available
- Parking — Covered parking is essential; confirm it's included in the price and not extra
- Vastu compliance — If important to you, check unit orientation before booking
Home Loan EMI for a 2 BHK in Kannur
For a ₹50 lakh apartment with 80% bank financing (₹40 lakh loan) at 9% for 20 years:
- Monthly EMI: approximately ₹36,000
- Down payment: ₹10 lakh (20%) + ₹3.5 lakh stamp duty/registration = ₹13.5 lakh upfront
Browse 2 BHK Apartments in Kannur — 0% Brokerage
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