The real estate market in Kochi is quickly expanding, with rising demand for both commercial and residential buildings. Property values are predicted to improve over the next several years, making this an excellent time to invest in the city's real estate market. Kochi is a major commercial centre in South India, with a diverse economy that includes businesses such as tourism, information technology, and manufacturing. This implies that there are several investment prospects in the city, which is expected to develop further in the next few years. Kochi is experiencing considerable infrastructure development, including the extension of the metro rail network, the creation of a new international airport terminal, and the construction of a new port. These developments will increase connectivity and make Kochi an even more appealing destination to live and work.
As previously said, several developers in Kochi provide ready-to-occupy flats, which means that homeowners may move in right away rather than waiting for development to be done. Most Kochi apartments provide a variety of conveniences that make daily living easier. Security, parking, power backup, and garbage management are examples of such services. Several Kochi apartments are in ideal locations, adjacent to major facilities like schools, hospitals, and retail malls. This can help you get to whatever you need on a daily basis. Flats can provide a sense of community since members live in close proximity to one another and share shared areas. This can promote a sense of belonging while also providing possibilities for socializing and networking.
Living in a well-established neighborhood might give possibilities for socialization and meeting new people. Many flats feature communal areas where tenants may congregate and engage, such as gardens, parks, and community halls. In a flat, an established community may create a sense of protection and security. To safeguard the safety of tenants, many apartments have security measures in place such as CCTV cameras, security officers, and access control systems. The maintenance and repair of common spaces and facilities in an established community are normally handled by the residents' organization or the builder. This implies that residents are not responsible for the upkeep of communal facilities like gardens, parks, or swimming pools.
Flats in Kochi have competitive costs. Kochi's real estate market is very competitive, with several builders and developers selling homes at reasonable costs. Also, the price of an apartment in Kochi might vary based on numerous aspects such as location, facilities, and the builder's reputation. Buyers have a variety of alternatives to pick from, and they may compare and negotiate prices with builders to obtain the best bargain possible. However, before buying a flat, it is critical to conduct rigorous research and due diligence to ensure that the pricing is competitive and the property is a suitable investment. Kochi has various regions with economical land, which can assist cut construction costs and allow builders to provide competitively priced flats. Certain Kochi builders employ new building processes, including pre-cast concrete construction, to assist cut construction time and costs, allowing them to sell apartments at cheap pricing. The Kerala government provides numerous incentives and subsidies to builders and developers that establish affordable housing developments, which can assist lower building costs and enable them to sell apartments at reasonable prices.
Flats may have lower upkeep expenses than other types of homes such as detached houses or villas. This is because the maintenance of common rooms and services in a flat is normally handled by the residents' organization or the builder. This implies that the expense of maintaining common facilities like gardens, parks, or swimming pools is shared by all residents, which can assist lower individual upkeep costs. Furthermore, some builders may utilize energy-efficient designs and materials, which can assist minimize energy usage and maintenance expenses over time. Professional property management companies may also assist in the efficient and cost-effective administration of maintenance duties.
Flats in Kochi are built to a high standard. Several Kochi builders and developers employ high-quality materials and building processes to create apartments that are long-lasting, secure, and comfortable to live in. These builders frequently adhere to construction laws and regulations, ensuring that the apartments are built to a high degree of quality. Moreover, some builders may employ sophisticated construction techniques such as pre-cast concrete construction, which can increase building quality while shortening construction time. They may also employ energy-efficient materials and designs, which can assist minimize energy usage and maintenance costs over time. It is crucial to remember, however, that not all builders and developers maintain the same level of quality in their construction projects.
Hey, here's the good news! Now the Kochi metro is extending to Chottanikara, an apartment in Chottanikara will be an added benefit for homebuyers. With mobility being diverted to the metro, convenience in commuting at Chottanikara would be hassle-free. Its proximity to the railway station, proposed municipal bus terminal and the easy access to seaport-airport road would be definitely an added advantage. The Kochi Metro has upturned the brand image of Kochi and increased major investments; specifically in the real estate industry. The closeness to metro has become a key selling point for all the builders. It is indeed that owning property near a metro station has its own profits in terms of the future appreciation expected out of it. Are you right now confused about what will be the perfect place where you are right in the buzz of the city, yet apart from all the bustling rush? Well, consider Chottanikara. Here is why! We all know that Kochi is busy with traffic, business and whatnot. Your next home would ideally be far away from all these buzzes and yet should be within reach of the town. That is why Chottanikara is the best option. It offers you what noble lifestyle demands. The well-developed infrastructure, upcoming metro rail line for intra-city connectivity, a wide range of health care facilities, crowned with tourist places, the wide spectrum of business and job opportunities etc. are some of the reasons why Chottanikara is evolving into the most desired destinations of property buyers. If you have any plan to buy an apartment tucked away from the busyness of the city and placed in the most tranquil living environ of Chottanikara then there awaits you Varma Homes Bougain Heights! It is 2BHK & 3BHK compact apartments near Thiruvankulam with all modern amenities. Altogether, it is simply the luxury behind comfortable living, soothing nature and excellent quality standards. Now the metro rail extending to Chottanikara boost housing demand and give you another reason to select Bougain Heights as your dream apartment near Thiruvankulam. Let’s Check Out Other Reasons Why You Should Buy This Bougain Heights Fresh Air, Unpolluted Water & Close to Nature-Away from the din & bustle of the city, Bougain Heights brings a peaceful life amidst the blessings of nature. Here, the hypnotizing views of lush green surroundings instill calmness in mind, and the wind that carries fresh cool air is a refreshing presence. Above all, this land of idyllic magic gives you unpolluted groundwater & is a true green paradise amongst apartments in Kochi. Proximity to Major Industrial Hubs-Bougain Heights located near Thiruvankulam, a small town within city limits but having all privacy of a village atmosphere. It is close to the major industrial hubs of the city like Cochin Refineries, IOC, and HPCL. This makes Thiruvankulam a preferred locality for buyers specifically for the professionals working in these respective industries. Richness of Both Culture & Heritage- The richness of both culture & heritage in Chottanikara oozes through the nook and corner of the city making it a coveted travel and tourist destination. This also makes a worthy reason for you to purchase your next home here if you are the kind who love a bit of culture and heritage and want it to be part of your everyday life. Good Accessibility- Here getting around is never a hassle. It has excellent connectivity to the seaport - airport road, mini bypass, & other transit modes. Also has proximity to all modern needs like schools, colleges, hospitals, supermarkets etc. The real estate potentials of this place are highly striking which makes a superb choice for a person looking for an apartment in Kochi along with investment interests. Tech Town Is Just Around the Corner- There is no doubt that Infopark, the IT hub of Kochi, is one of the reasons why the young generations are migrating to settle down in Kochi. It is located near to Thiruvankulam being just under 10 Kms is the perfect location for all techies looking to settle down. Residential Township- This is blessed with a strategic locality and has a lot to offer as a residential zone. Combined with continuously improving social infrastructure, residential layouts and gated communities make Thiruvankulam a thriving residential hot spot in Kochi to live peacefully and to invest in the future. The whole town is placed so perfectly that it is always not too busy & at the same time, not too detached. Isn't that what we all need? So to own a home in Chottanikara, visit Varma Homes – the top builders in Kerala who deliver projects on time and build top-quality apartments in Kerala with a good finish.
Read MoreIf you are thinking to buy an apartment sooner or later in your life, begin saving at the earliest. The longer you try to save up for your deposit, the costlier your house is going to be. So it’s significant to start planning as early as possible. Here are some tips to keep in mind ahead of buying your first apartment to get the best deal. Decide On Your Budget The primary step in the funds saving method is budgeting. Decide what sum you can comfortably pay for. Heed at wherever your cash goes to each month & where you are paying the most sums of money. Note down the amount you spend on necessities such as utilities, rent, student loan payments etc. Then think through the amount you go through every month in the items like restaurants, entertainment, shopping & so on. Once you classify your expenditures, search for sections where you can cut back. Set a definite budget for every classification & stick to it & ensure you budget a particular amount to add on for your down payment each month. Go For a Side Hustle to Earn Additional Cash to Save For an Apartment Sounds crazy? However, actually starting a side hustle is one of the best saving tips for buying an apartment. Sometimes to earn extra income, there are several ways such as getting a second job, working extra hours or overtime, or beginning some kind of side hustle. Chop Down Your Debts If you are planning to take a mortgage loan for buying your first apartment, but you already have additional debts like credit cards, personal loans, car loans or student loans they could definitely reduce the amount you can put into a home loan. So take time to pay off your debt before you head down for applying for a home loan. Look at closely how much you owe on your student loans, credit cards, personal loans or car loans & generate a plan to tackle it. This will not only help alleviate some of the financial pressure yet additionally help you secure a better mortgage rate. Cherry-pick Good Investment Options It is vital to direct some part of your revenue towards investment through Systematic Investment Plans (SIPs). For instance, if you begin to invest 25,000 a month via SIP with a modest return of 10% for just 3 years you can get Rs.10.53lakhs. In this manner, you can easily save for your down payment without nerve-wracking about lifestyle changes. Also, there are some other investment options for the short term: equity-based mutual funds, ELSS etc. Be Financially Disciplined Where does most of your monthly income go? On rent, groceries, dining out, shopping, entertainment? Start analysing this. Categorise your expenses and determine how you’re spending your money and then make a budget. If you want to save for your dream apartment, start cost-cutting, avoid wasteful spends, clear your debts and may be try to expand your income pool. Rent Out a Smaller Place If you are living on rent, to save for your apartment buying, you may consider shifting to a smaller house for the time being. In case you are single, think about living with family or companions for a year. Any sort of savings will assist you with getting close to realizing your dream about purchasing your own home. When you’re ready, you can begin the apartment purchasing process. But before that, you have to find a reliable builder. If you're looking for owning your dream apartment in Kerala, then here is your right choice- Varma Homes, the most trusted builder in Kerala. Varma Homes is one of the best residential builders in Kerala, who have residential projects in several locations of Kerala like Kochi, Tripunithura, Thrissur, Kozhikode & Trivandrum. We fulfil your dream of a home with our unique designs with guaranteed quality checks of process & materials to ensure you a perfect home in reality. So get started with buying your dream home with us!
Read MoreWhen searching for residential property in the niche market, it is significant to remember that you have to consider not only the quality of the property but also the quality of the neighbourhood also. Based on the location of your property, your home’s value can rise or fall dramatically. To help you make a better decision, here are 5 of the key features that a neighbourhood must-have for your apartment to get a higher value. Good Base for Infrastructure It is one of the inevitable features in a neighbourhood and it makes a locality extremely eye-catching to potential buyers. The approach roads to your neighbourhood, as well as the roads in and around the region, make a huge impact. Infrastructure plays a key factor for homebuyers in selecting a property as their residential investment property. The potential buyer will never be ready to purchase at a reasonable price if the infrastructure is poor. Proximity to Education It is one of the most important neighbourhood features to consider when selecting an apartment. One of the important parts of your child’s upbringing is education. Hence, families with school-age kids will be tending to go for residential properties that are close to schools. Do research the available schools in the locality will be a substantial variable which can upsurge your rental rate and considerably influence the whole appreciation of your residential investment property. Access to Reliable & Fast Public Transportation Everyone leads a busy schedule and they often need to commute from one place to another daily. Easy ways for moving in, out and around a zone are crucial to residents. Right from commuting employees to students who need to move from home to work or school, public transportation is the significant upgrade to any locality. A well-serviced bus stop, metro station or nearby railway station will enable residents to easily move from one area to other. Likewise, as many people are starting to embrace sustainable lifestyles, the demand for close public transit is also growing. The apartment property that accesses to fast and reliable public transit will draw more populaces than the property that lacks them. Close Proximity to Health Care Services Having access to hospitals to meet any medical emergencies is the key aspect when it comes to considering the locality of an apartment before buying it. Even though it is not needed daily but proximity to hospitals can save a life in case of an emergency. So consider the closeness of health care facilities when selecting a residential property. Great Neighbourhood Entertainment Options, Shops & Dining Markets- Markets, shops, restaurant and entertainment within reach are also among the vital neighbourhood amenities you need to consider when investing in residential property. Having markets, restaurants and shops near the apartment property makes it easier for tenants to get goods and services they offer, closeness to restaurants and shops can be a signal that vicinity will grow in value in the future. When it comes to purchasing your dream apartment with excellent neighbourhood facilities, all these factors can play a significant role in your verdict. If you are in search for your dream home with good neighbourhood then explore Varma Homes portfolio of apartments in Trivandrum, Kochi & Thrissur. Being the top builders in Kerala offering best residential projects strategically located at key locations of Trivandrum, Kochi & Thrissur to ensure unparalleled living experience. So get ready to experience a new level of happiness by living in the house of Varma Homes. Enquire now for the best possible deal and get your dream apartment in your favourite location with its full conveniences and comfort. Discover relaxed living in our quaint community at Varma Homes Apartments. Get in touch today to schedule your personalized tour.
Read MoreWith the government's new initiatives in the real estate sector, buyers have a plethora of apartment choices. However, owning a piece of land still has an unrivalled prestige value. So, when it comes time to relocate or invest for a more secure financial future, many of us are caught between two options. Here we compiled this helpful list that will help you choose wisely!Investment FactorOne of the primary disparities between a plot & an apartment is that you'll have to live in your very own house right from the moment you acquire an apartment & you'll save a lot of money on your rent. Whereas a plot allows you to create your own customized home, until then you won't be allowed to live there & you'll have to pay rent even if you invest in the plot. Also, when you buy an apartment, you can use it as an investment vehicle as you rent it to someone, but in the case of a plot, it won't be possible. So, compared to plots, an apartment is a smarter investment choice.The Hassle AspectAn apartment is actually a comprehensive package for standard living; you can select one that would be ready to move into where it contains all the things that an apartment life demands. Hence, you won't be worried about any further headaches or strain. A plot that you wish to build on is just land & you have to build it from scratch & you'll now have to deal with the troubles & groundwork of building the structure, obtaining legal permission, & ultimately upgrading it with lifestyle elements to keep it livable.Financial AssistanceFinding financial help for the purchase of a plot is more difficult than for the purchase of an apartment, since financial companies are hesitant to lend money for the purchase of a plot. So, as a result, there are limited alternatives for purchasing landed property, as banks often do not provide financing for the purchase of a land/plot, but it is effortless to get a bank mortgage for the purchase of an apartment.Compliance AspectIn general, the plot is considerably more likely to get entangled in legal complications & litigation. So, when you purchase a plot, conduct thorough research on any conflicts, & ensure to keep an eye on it till you build your home on it. As in India, several issues are raised regularly relating to illegal land capture. Although these concerns are much reduced when purchasing an apartment when the buyer is protected by RERA & he or she has the right to go for a petition for compensating & remedial action, if the builder didn’t guarantee their promises. Accordingly, as a precautionary step, today's builders will exceed expectations to guarantee that all legal & financial requirements are met.Return on InvestmentA plot can be acquired for the intent of constructing a new structure to get profit, or it could be utilized for other reasons. If you plan to acquire an apartment, only do so upon assessing the growth prospects of a specific neighbourhood. Your apartment's ROI will be higher depending on where it is located. Because of the increased movement of workers from other cities, an apartment in a desirable location will always have greater rental yields, providing you with a monthly second income & assisting you in being financially secure.Tax TreatmentThe tax treatment of plots & apartments differs. As in the case of an apartment, first-time homeowners are eligible for specific tax breaks. The tax deduction for interest on plots is allowed only in the year where construction is finished. Interest accumulated during project construction can be reclaimed as a deduction across 5 years in equal payments beginning with the year the work is finished, resulting in a delay in tax advantages. Holding a plot as an investment is not tax-deductible, but you can request a deduction for the interest given. Conversely, if the plot remains barren, it might not be eligible for a tax break.Value AppreciationThe plot has comparatively better value appreciation than an apartment. This is mostly due to the scarcity of plots on the market. The value of a property is determined by its location & proximity to major infrastructure developments. However, the land market is a cobweb, so when you buy, you must be vigilant. So the safest choice for individual investors is to buy apartments; keep it simple & get your 20 or 25% appreciation because the land is all about where you want to be on the risk-reward spectrum. Also, make sure to select an apartment from a reliable builder with a good location & surrounding infrastructure to increase the value of it.Scope of ResaleApartments are easier to sell as there is always a huge demand. Furthermore, apartments provide a variety of facilities as well as security features. The attraction of plots is that the owner owns the land & can create a new house to optimize returns. But when you plan to sell it, it may not be fundamentally enticing to a possible buyer market. He/she may then either invest more in repairing it or entirely demolish it to create a new one. This might have a reasonable impact on the price of the house. However, in the case of apartments, such an issue does not exist as they’re available with a fixed structure (part of the structure) &, thus, more convenient to sell at the value without extensive negotiations.After considering your wants, financial status, & commitments, take the best alternative. Having a plot implies that you should be careful with some choices. However, the benefits for apartments may be far greater than for plots. Because everything is already in place, you may begin earning profits on the first day. It is critical to seek apartment properties in affluent locations and, of course, from a reliable builder, so that you'd have a good chance of making a regular return. If you are looking for your dream apartment in the heart of Kochi, Thrissur, Thiruvananthapuram or even in Kozhikode, then do visit Varma Homes, one of the top ranking and most trusted builders in Kerala. We strive to enhance top-notch quality construction materials to create apartments that will stand the test of time. With us, you shall not be disappointed! You will get the guarantee of quality residential options that provide not just great living spaces but also a lot of happiness.
Read MoreKochi, the bustling commercial hub of Kerala, has witnessed a surge in luxury living in recent years. With more and more people looking for a comfortable and luxurious lifestyle, luxury flats have become the perfect choice for urban living in Kochi. In this blog, we will take a look at why luxury flats are the perfect choice for urban living in Kochi.Modern Amenities:Luxury flats in Kochi come equipped with modern amenities like swimming pools, gyms, clubhouses, and landscaped gardens. These amenities not only provide a comfortable and luxurious lifestyle but also help residents to stay active and healthy.Location:Luxury flats in Kochi are located in prime areas like Marine Drive, Panampilly Nagar, and Kadavanthra. These areas offer easy access to shopping malls, restaurants, hospitals, and other essential amenities. Residents can also enjoy the stunning views of the backwaters and the sea from their apartments.Security:Luxury flats in Kochi come equipped with state-of-the-art security systems like CCTV cameras, access control systems, and intercom facilities. These security systems ensure the safety and well-being of residents, providing them with peace of mind.High-end Fixtures:Luxury flats in Kochi are designed with high-end fixtures like Italian marble flooring, designer lighting, and premium bathroom fittings. These fixtures add a touch of elegance and sophistication to the apartments, making them a perfect choice for those who appreciate fine living.Spacious Living:Luxury flats in Kochi offer spacious living with large living rooms, bedrooms, and balconies. These apartments are designed to provide maximum comfort and luxury to residents, making them a perfect choice for families and individuals who value their personal space.Investment Value:Luxury flats in Kochi offer great investment value, with high rental and resale potential. These flats are in high demand, with more and more people looking for comfortable and luxurious living spaces in Kochi. Investing in a luxury flat in Kochi can provide good returns in the long run.Conclusion:There used to be a time when people preferred a bungalow instead of a flat. But now with the increase in land prices and security issues, this is getting difficult. Hence, luxury flats are the perfect choice for urban living in Kochi. With modern amenities, prime location, high-end fixtures, and spacious living, luxury flats offer a comfortable and luxurious lifestyle to residents. Investing in a luxury flat in Kochi is not only a wise investment but also a way to enjoy a comfortable and luxurious lifestyle.Varma Homes offer flats in Kochi with the most contemporary design style and architecture. We have been giving flats in Kochi and have a huge happy client base. On-time fulfilment and delivery of projects are some of our strong points. Our flats in Kochi use the most advanced technology, including contemporary design while keeping the highest standards in quality.
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