It is everyone's longing to turn out to be financially independent. For this, most people depend on traditional ways to earn more, like being salaried in an organization or being self-employed. Yet there are different medians for individuals to enjoy surplus monetary advantages like stock purchasing, shareholding, and the long and worthwhile standby of retirement pension. Apart from all these, the most efficient way to earn is by investing in real estate. You can relish a profound pace of profits, astounding tax benefits & leverage of land to construct your wealth. Here are some reasons why real estate is an extraordinary investment.
Cash flow is the net spendable profit obtained from the investment after every single operating cost & home loan installments have been made. When you purchase a good property from a reputed real estate builder in Kerala, the cash flow will be just as hefty. You can make money through rental income as it tends to rise over time, which can lead to greater cash flow. In most cases, cash flow makes stronger over time as you pay down your loan & build up your equity. As well, RBI has recently declared a reduction in the REPO rate which creates home loans even less expensive. So this will help you to smoothly begin your investment & hence increase cash flows.
From the pool of real estate builders, you can select the best real estate builder in Kerala who can offer the best quality construction works for their projects. Because the quality of the construction work matches the most excellent grades. So it comes with assured safety, security & top-notch amenities. This shows, by investing in those properties, you are going to accept the most appealing return on your investments.
While another reason that forced people to make their investment in the realty market is long term financial security. If you have a constant flow of cash in succession, the bonuses of this investment yield monetary bonuses for a long time. Possessing a residential property can give investors a sense of security due to the property appreciation over the long run. Well, this is only possible when you invest in the right place. So it is always advised to completely research the location before finalizing the negotiation on the apartment of choice.
In contrast to most different sorts of ventures, the realty market can contribute a hedge against inflation, which is yet another reason that pulls customers to put in this income stream. I.e. with high inflation, your rental pay & property value develop profoundly. Hence investors welcome inflation wholeheartedly because as the cost of living rises, so makes their cash flow. Accordingly, buying a property offers extra investment security during inflation.
The most satisfying part about real estate investment is that you become your own boss. Similar to any other business you have total authority & freedom over your investment strategies just as your flops and achievements. You make better decisions on which property to invest in, the tenants who will live in your property, how much rent to impose per month and so on.
Another reason that real estate is an extraordinary investment, is the tax deductions you can take in this income stream. You get to deduct expenses straight connected to the operation, maintenance & management of a property such as property maintenance, insurance, maintenance repairs, property management fees, repairs, travel expenses, legal fees, and even the interest paid on the home loan. All of these deductions will reduce your taxable income, which might save you cash while you file your taxes.
Reliant upon a variety of features, extra payment created from real estate investments might grant you admittance to added credit. Usually, loaning institutions finance more money to individuals who get more cash flow. The additional payment generated using property ventures may unfold more comprehensive credit lending entryways.
To Sum Up,
You can see the profits of investing in real estate while investing in other sorts of investments like the stock market. Investing in real estate can be your ticket to making passive income & reaching long-term financial stability. Nevertheless, before you can obtain these things, always remember that you need to make careful decisions when investing in your property. I.e. while choosing the right builder for your investment, is the first and the most important aspect when it comes to a real estate investment.
If you are seeking a top-rated & most well recognized real estate builder in Kerala, then head over to Varma Homes and start searching for investment properties for sale across Kerala. We have our apartment projects at the prime locations in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. Visit our website to get more information about our projects. Get in touch with us today to start an investment with us that will definitely offer you a lifetime of fun, happiness & priceless memories.
While buying a dream house many people have to go through this question "2 BHK or 3 BHK" which one to buy? This is a very tricky question for sure but no worries, we have the solution. This blog will help you make a judgment on the capital energy of Real Estate Investment, with a contrasting measure choice between a 2 BHK flat and a 3 BHK flat in Kochi.Choosing the correct one is very important for your future as well as your family. There are a lot of factors and parameters which will affect your decision on the buying process of your dream house. Let's discuss the details.BudgetIf you are on a tight budget, then go for the 2 BHK apartments. They offer a decent amount of space for your family, along with the pride of ownership. But if you aren't tied down by financial constraints, a 3 BHK apartment will give you a much better lifestyle - at a nominally larger cost.FamilyA 2 BHK makes good sense for bachelors and young couples as there will still be a room leftover to serve as a guest room. But for growing families with kids or live-in parents, a 3 BHK makes more sense and provides enough space for everyone. Most people buy homes once in their lifetime, so plan for the future too while buying.Rent/ResaleAs far as renting or resale is concerned, it's easier to get tenants and buyers for a 2 BHK when compared with a 3 BHK apartment. However, that doesn't mean that getting a buyer or tenant for a 3 BHK is impossible - it's just that it might take a little more time, that's all!DesignFor those who prefer minimalist lifestyles where space isn't a major requirement, then 2 BHKs are ideal. But for those with greater space requirements such as those working from home, then a 3 BHK makes a better choice as it offers greater space and privacy for a peaceful home office.Home MaintenanceHome maintenance is an important part of daily life and when it comes to keeping up with the cleaning chores, a smaller 2 BHK apartment is definitely more appealing. For those looking for homes that are low on maintenance, then 2 BHKs are the answer. By comparison, 3 BHK apartments are larger and require greater effort to keep them clean and orderly. The best option is to just hire a maid and buy the 3 BHK instead!InflationIf the inflation rate is high, the construction rate, interest rates, etc. also become high. Inflation has a direct impact on real estate agents and their properties. As we know that there can be even more increases in property rates and prices. Thus, it is very important to make the decision in a shorter span of time. If the inflation rate is quite normal then you should go for 3 BHK and if the inflation rate is high then you should choose 2 BHK flat.Loan AmountLoan or mortgage amount also affects the choice of the size of your house. If the permitted loan amount is more with the affordable interest rate, then you should always choose the 3 BHK flat and if the loan amount is less and the interest is comparatively more than 3 BHK will not be considered the right option. It won't be affordable for you and will be out of the budget. In this case, a 2 BHK flat is the best & affordable option.Also Read: What are the Common Mistakes to Avoid While Investing in Real Estate ?PropertyBefore finalizing anything be sure about the property you want to make your dream house at. If your desire is to buy a 3 BHK flat and your budget permits you to do so then you should always buy the one! But if not then you can even get good property ranges in the 2 BHK flats. Varma Homes provides a great life experience regardless of the specification you go for.Varma Homes, the most trusted and reliable builder in Kochi, celebrate with you all your enjoyable moments in life with your family. Potential homebuyers are currently welcome to visit and feel sample apartments ready at Varma Homes. Visit the show home to have a peek at your fun-filled dream home.
Read MoreBuying flats or apartments is a very important decision that involves essential planning. Location is one of the supreme features that we look into when looking for a spot to settle down. We all have that dream to buy our dream flat or apartment with all the modern apartment facilities.When looking for a place to live with your family, Kochi is an ideal location. It has the availability of good flats and apartment associations that suit various budgets, provided with the amenities of your choice.Kochi is a place which accepts all cultures. Also, people who try for a better job and better education, opt for Kochi as one of their choices. So, we can say Kochi is the city of the future.So, whenever you are surfing through internet and wondering that, "are there any new flats for sale in Kochi?", remember these points that why Kochi is a hotspot to invest in a luxury property right now and invest without giving it a second thought.Quality of livingPositioning itself in the list of best smart cities in the country, Kochi city has a lot to offer along the lines of improvement of life of its citizens and the quality of life is unparalleled with any other city of the state.The cosmopolitan city that is less crowded (compared to other metros of the country), has a community that enriches the quality of life. Along with its prominent educational and health-care institutions that are within reach, it promotes well-being and peace-of-mind among its inhabitants.A Good Cultural EnvironmentThese days, Kochi has emerged as one of the cosmopolitan cities because people from other parts are relocated here to lead a better and wealthy life. Most of the people are suave, educated, cultured, and well-behaved. So, if you buy an apartment from a pre-eminent builder at a prime location, you will get good neighbours and companionship, and this will surely uplift your social image and life. Most of the residential areas are thronged with good and well-behaved people and thus, you will be able to provide a healthy and good environment for their upbringing.Moreover, people are amiable and helpful, so if you need any assistance, you will get it. These kinds of friendliness and cooperation you may not get at other places. Though people are friendly, they don't interfere in other's personal life. So, you can enjoy your privacy without compromising your style of living.The economic capitalRanked among the topmost emerging cities in the country, Kochi is also the economical capital of Kerala. With the residential value constantly increasing in the last decade, the real estate market has witnessed unprecedented growth in terms of capital values and development activity and is expected to see continued growth across all parameters.IT boomThe technical boom is still evolving in India and is expected to rise even further in the coming years. Kochi, being home to many big multinational companies, IT companies, and start-ups, has huge job opportunities for a large number of people. With the value for properties and land constantly on the rise, the IT boom is directly or indirectly impacting the way Kochi is growing.ConnectivitySince its olden days, Kochi has been one of the most happening cities in Kerala and is still one of the busiest port cities in India. With the state's only metro-rail transport to its credit, a smart city tag, and an international airport, Kochi is very well connected to the rest of the state, country, and world.National Highway 66 (Old NH-47) one of the longest and busiest National Highway runs through Kochi connecting it with the Northern and Southern parts of the state. Two of the major railway lines of the state also go through Kochi, making it a transportation hub.Has Positive Ambience for Property InvestmentThe laws regarding real estate investment in Kochi are very facile and straightforward. You may not find any difficulty while accomplishing your real estate purchase. Moreover, the state has strong and robust networks of real estate consultants and agents who will help you in finding the most suitable apartment in Kochi.The entertainment hubAlong with the professionals, Kochi is also the favorite spot for artists, filmmakers, and the general public. With its abundance of spaces for recreational activities, Kochi has a lot to offer on the lines of fun and entertainment.Competitive Pricing for the PropertyCompetitive pricing is an important factor that you should consider when you are planning to invest in the real estate market. Kerala is a state that offers real estate properties at competitive prices. Though the state offers a chunk of properties with a comfortable and satisfactory condition, still, the pricing is lesser as compared to the other states of the country. So, you will be a gainer if you purchase an apartment in Kerala.Also Read: Why Kochi Is the Perfect Place to Buy a Flat Right NowClimateComfortable and convenient weather are two prime factors behind the popularity of real estate properties in Kochi. So, the climate is another prime reason that people are migrating to Kochi to lead a comfortable life. This state offers a similar kind of temperature throughout the year. Kochi observes a moderate temperature during the summer and the winter. This means you can lead a comfortable life here throughout the year. This is the main thing that you never overlook if you are planning to purchase a property at a certain place. Because you don't want to invest in such a place where the climate is too extreme.Another reason that was instrumental in driving up property prices in Kochi are the government's initiatives like single window clearance and concessional power tariff. The Kochi metro rail was also a boost to Kochi's reality market.If investing in property has been on your mind, then let Varma Homes guide you to the house of your dreams.
Read MoreKochi is going to become one among the next highly preferred real estate destinations in India. Here are the four reasons to prove it right. 1. Inclusion in the Top 20 Smart Cities Kochi ranks 5th among the top 20 destinations in India identified by the Ministry of Urban Development under the initiative of Smart Cities Mission. The 'Smart City' tag is expected to boost prices dramatically. An investment of Rs 2,076 crore is expected for the pan-city solutions and area-based development. Kochi-Mattancherry-Central City will witness intense development in the coming years. Many number of real estate developers are trying to acquire land for real estate development in and around this area. 2. First Tier-II City to propose a Metro Rail Kochi Metro is an under-construction metro system and is expected to be operational by 2017. It is the fastest metro project in India. The 13 km stretch metro rail between Aluva and Palarivattom will be open from June 2017. A second 5 km section from Palarivattom up to Maharaja's College will be made operational by August 2017. In Phase I, the KMRC (Kochi Metro Rail Corporation) has proposed an elevated route spanning approximately 25.25 km from Aluva to Pettah. Areas like Kalamassery, Edapally, Palarivattom, Vyttila, Panampilly Nagar and Kadavanthra will be the main beneficiaries and some of them have already started to witness increased development. Varma Regent, compact apartments is being built at Edapally by the best property builders in Kochi. At Varma Regent, located at Ponekkara, to say 'convenient' is an understatement. The unique combination transcend to a whole new realm of affordable 2 & 3 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft. Varma Regent is one of the current ongoing residential projects of Varma Homes at Edapally. Kochi's fast paced culture is at the doorstep with the phase I of the Kochi Metro Rail project commencing up to Edappally. If you are looking to buy an affordable apartment in Edappally with luxury amenities Varma Regent is the best option. The future expansion of Kochi Metro will also benefit areas like Menaka, Kakkanad and West Kochi. Land prices along metro rail corridors have increased by 10-15 per cent after announcement and are expected to increase further after operations. Real estate will be highly influenced once the metro becomes operational. 3. New international passenger terminal to cater growing demand Cochin International Airport Ltd (CIAL) constructed an international passenger terminal with an investment of Rs 1,100 crore which is currently operational at the airport. The new international passenger terminal along with an operational metro will uplift the real estate market in the whole region. 4. Venue for one of the two submarine cable landings in India Kochi is one of the venues for 'SEA-ME-WE III' (South - East Asia - Middle East - Western Europe III) and 'SAFE' (South Africa - Far East) submarine cable landings. Kochi is the second Indian location along with Mumbai to have two submarine cable landings. This fact highlights Kochi as an important destination for IT-enabled services, which will gradually boost real estate development in the city as it creates demand for both residential properties and office spaces.
Read MoreThe popularity of multi-generational houses and apartments started to grow during the COVID outbreak. This has influenced certain lifestyles and also triggered new trends. Generations see the benefits of co-living apartments that appeal to a multi-generational society, from seniors to middle-aged couples, from new parents to young people. The pandemic has taught everyone to stick together, support and encourage each other during an emotional crisis. Let's see why multigenerational living has become the most advantageous and interesting thing right now:1. An Affordable Option: When various generations live together, they can afford considerably more comfortable and luxurious residences than they could if they lived separately. This financial flexibility can simplify home maintenance and other utilities as well as household expenses. It also makes it easier for people to save more money for essential things like retirement, vacations, and educational funds.2. Safe & Secure Environment: With more people, there is usually someone at home to watch the house and make sure it is not empty. And, with adult children and grandchildren nearby, elderly parents or grandparents can seek help much faster than if they lived alone if they fall or have a medical problem.3. Emotional Backup: Living together can develop a priceless connection among children, parents, and grandparents. This is certainly relevant when they have a residence that is well-suited to individual requirements, personalities, and interests. Giving moral support and being present during critical circumstances are irreplaceable moments that only multi-generational living can offer.4. Improved Work Efficiency: With the older generation, youth management can be as easy as a cake. Parents may use some help, whether it's with mentorship or schoolwork. Chores, cooking, shopping, and other requirements can be divided and completed much more quickly. Younger people can tolerate strenuous physical labour, while older adults can handle less physically demanding tasks.5. Instil Feelings of Partnership: Your children will learn that all members of your family contribute and help each other. They become aware of and are influenced by the perspectives and love of the older and younger generations who live with them. This allows them to appreciate the wisdom that comes from strong family ties and expand their horizons in constructive ways.6. Easy on the Guardian: It would be stressful for the family guardian to care for the sick parent or grandfather if they weren't living with them and staying away. It's hard to constantly go back and forth to their parents' homes to care for them and back again as they juggle their home and family. It therefore becomes even more important to develop a multi-generational home.7. No More Sense of Loneliness: Isolation is a huge issue in our culture today for all generations. On the other hand, older people feel needed, involved, loved and valued when their extended families live together. The children receive much more help, guidance, and time with their families. Everyone will feel less alone. This may be a win-win situation for everyone if healthy family relations are in place. 8. Happier Work Settings at Home: With the latest remote working opportunities from companies, people are able to enjoy more flexibility and work from the relaxed and joyful atmosphere of their apartment. This structure led to fewer burdens and stress-free lives, which also steered them to greater productivity in their work.Varma Homes - Creating Multi-generational Constructs Since its inception, Varma Homes has established itself as one of the most renowned builders in Kerala. Our expert team has skillfully crafted apartments that can inhabit the desires and preferences of every generation. Own a safe and smart apartment where generational gaps are never an issue since we cater to the diverse mindsets of multiple generations and professionals. Going with the flow and following current trends has always been our motto, which is the recipe for our success and the reason why our stakeholders trust us. We present a modern lifestyle of luxury, convenience, and comfort, with the most advanced facilities and eco-friendly features. We started with residential developments in Kochi and then expanded to Trivandrum and Thrissur. Our major launches will be in Calicut and other major cities in the near future. You have a number of apartment options to choose from depending on your requirements and budget. Choose the one that best suits your multi-generational family! For more information, contact us on 96458 83333.
Read MoreThe most important factor to consider when investing in real estate is the return on investment. A property isn't a good investment if it doesn't guarantee a good return. Purchasing a property provides numerous benefits, including emotional fulfilment, assurance of future residence, and long-term financial benefits. In fact, it’s a symbol of financial stability for the majority of Keralites. With improved infrastructure and a higher standard of living, the state has seen a significant increase in real estate construction over the last decade. However, purchasing a home is a significant financial investment that necessitates careful planning and consideration of other factors. The location, construction costs, real estate value of the home, and space all play a role in determining a house's value. In the long run, a spacious apartment with good amenities will be a good investment. As a result, picking the right apartment to invest in is critical. In this blog, we'll look at the viability and return on investment of various aspects of residential real estate to help you make an informed decision. Location & Connectivity Obviously, the location covers more than just owning a house; it also includes the infrastructure in & around the area. If you pick the right location for your home, the value of your investment is sure to gradually rise. A good apartment project must be well-connected to the city and have a good neighborhood with amenities such as schools, hospitals, supermarkets, workplaces, medical facilities, grocery stores, public transportation, and so on. Great connectivity will be the most important factor in property appreciation, especially if the apartment is being rented or sold. So choosing the right location is critical for those who buy an apartment to maximize the return on their investment. Value-Added Facilities & Amenities The Kerala apartment’s modern amenities and facilities aid in getting the best return on investment when it comes time to sell. Today's developers provide a wide range of conveniences for homebuyers to fit their lifestyle, right from facilities and amenities like a clubhouse, swimming pool, CCTV, power back-up, children's play area, etc. These are just a few of the common features that bring value to apartment living. The ROI is determined by how well these amenities are maintained over time. Even so, due to their lower prices, even projects without such amenities can find buyers. However, when shortlisting properties for purchase, make sure that the final choice provides a decent lifestyle rather than just an investment asset. Quality of Homes Due to the abundance of demand in the new corridors of cities experiencing a massive increase, purchasers have a variety of options, as market conditions favour end-users. A home, like a car, is expected to perform a few critical functions, such as shelter, safety, convenience, a luxurious lifestyle, and so on. Buyers must consider these factors, and those that provide these benefits are in higher demand for obvious reasons. Without a doubt, branded builders provide these conveniences and attributes of living as a standard offering due to their market reputation, and such homes are in higher demand with better prospects. When buying a home, keep in mind that a comfortable home with plenty of interior space and luxury amenities in a desirable location will provide better long-term returns on investment. For property investors, homes in good locations, built by reputable developers with a good load of amenities and facilities, will always produce greater investment returns as well as potential rental income. If you are someone who would like a home with excellent amenities, a good neighborhood, connectivity along with excellent ROI, then Varma Homes has everything that you need. Varma homes, one of the top builders in Kerala, has a wide range of apartment designs, sizes, and price brackets to choose from. We offer an array of different amenities and features that will surely meet your needs and exceed your expectations. As well, we can ensure that you get the best apartment for your budget in the most convenient locations in Kerala. Varma Homes can provide you with an excellent living experience and add value to your property portfolio. So, if you are looking for a new apartment in Kochi, Trivandrum or Thrissur, please get in touch right now! We will be happy to help. We are also planning to launch our projects in Calicut soon.
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