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The Apartment Living Lifestyle of Kochiates
Lifestyle in the city of Kochi is rapidly changing because of the urban developments and the increase in income of people. And the changing lifestyle of Kochiates has now increased the price for housing and land.
The massive development in realty sector over a decade is being witnessed in Kochi. The sector has shown a huge growth, as the builders in Cochincame up with new projects targeting the salaried sections and high net worth individuals, including NRIs. Also, banks have reduced the interest rates on home loans. And the PMAY (Pradhan Mantri Awas Yojana) scheme has also helped the home seekers to own apartments and save up to 2.67 lakhs. Know more at: https://goo.gl/mk6pKJ
Nowadays, there is a huge demand for flats and apartments in Kochi from professionals and businessmen who are moving into the city. Considering the investment and business potential, it is ideal for even those who are not permanent residents of the city to have an apartment or a flat in Kochi. The easy accessibility through road, rail, water and air transportation channels makes Kochi the most preferred city to live in.
Now with the latest extension of Kochi Metro, most of the places within the city is easily commutable without getting trapped in the irksome traffic blocks. It is also useful to have a living space in Kochi which is proximate to the state’s best hospitals, shopping malls, business centres, educational institutes and airport.
We at Varma Homes embrace the uniqueness of the city and if you are in search of an exceptional living space in Kochi, Varma Homes offers you the finest of it. We have selected peaceful yet easily reachable locations for our new apartments in Kochi. It is sure that our flats in Kochi with luxury amenities cater to the urban style of living. Our residential projects in Kochi are built to bring you all the benefits of Kochi’s latest developments.
Varma Homes, the top builders in Kochi always bring you the premium living spaces. Varma Regent, the compact apartments are being built at Edappally. It is one of the new apartment projects in Cochin from the best home builders in Kochi located at Ponekkara. Being on its last phase of completion, Varma Homes guarantees the project accomplishment by the end of December.
If you are looking forward to buying affordable apartments in Edappally, pay a visit to Varma Regent’s sample apartments. Regent is the best option for all those who wish to buy apartments in Edappally. Only a few units are left, most of the units are already sold out. For more details, contact us today. Call +91 9645 88 33 33
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Top things to consider when buying an apartment in Thrissur
Here are some things to think about before deciding on the property you want to purchase if you're intending to buy a house in Thrissur. This will assist you in purchasing a home that will improve your quality of life and yield a profit when you decide to sell it.LocationThe most crucial thing to take into account is location. Your ideal home should be situated in a decent neighbourhood that is secure, clean, and well-equipped with amenities, and that has had significant expansion in recent years. It should have easy access to parks, public transportation, health facilities, educational institutions, governmental agencies, shopping centres, and other areas of the city.Value of appreciationThe property you select must be situated in a neighbourhood that has recently experienced expansion. With the passage of time, property value should have increased significantly. The best place to invest is here because it offers a wealth of services and will yield decent profits. If you decide to rent out the home you purchase, you may also anticipate receiving a good rent in such a location.A well-planned living areaExcellent space design is a key component. A well-designed home will ensure optimum ventilation and, as a result, a healthy life for its occupants. You must ensure that your home complies with Vaastu if you practise it. Your stay in your dream home will be enjoyable and stress-free if it is roomy and well-designed.Infrastructure and AmenitiesEnsure that a gated villa or apartment you are considering purchasing offers the essential utilities. There must include a gym, pool, kids' play area, security, and CCTV cameras. Having these things nearby is a bonus considering the hectic lives that the majority of us lead today.Percentage of common areasA skilled builder would plan their building so that the space set aside for hallways, tunnels, etc. is effective and not wasted. This implies that you get the most out of your home and hence, value for your money. Study the area options the builder has to offer and decide which is best for you.Upkeep and other feesThere are frequently hidden fees that have astronomical prices. The maintenance and other costs for luxury residences might occasionally, even frequently, be very exorbitant. Before you decide on a property, make sure to carefully review everything.The NamePick a name that is well-known in the real estate sector. This demonstrates the builder's excellent reputation and wealth of business experience, making them a popular option for Thrissur home builders.One of the greatest builders in Thrissur is Varma Homes. Years of expertise in the industry taught us that real happiness can only be found when the homes built are of quality and most importantly, eventually, become an investment worth a lifetime. For timely and efficient all-time delivery, we strictly follow efficient methods of planning in advance, training labourers, and staff members and adhere to safety procedures.
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Residential Real Estate In India Set Back To Restore 2019 - 2020
Let's look at the present state of the real estate market so that you can get the best deal for owning an apartment or flat in India. As we know, the real estate market has witnessed a market decline or downfall in the number of people buying residential properties. One of the major cause for this fact that the property prices remain high when it compared to the average income of people. The concept of affordability also affected by an increase in income and interest rates. The rental yield is another factor that determines the level of demand for both investors and end users. Rental yield is the amount of rent paid per annum over the cost of purchasing a property. The demand for real estate started declining from the year 2013. By 2016, it hit an all-time low; the entire market was going through a bearish stage when it was affected by two main black swan events. That is the introduction of RERA in 2016 and then demonetization of Government that demonetized high-value currencies, which in turn washed out 2016 and 2017 for residential real estate. However, the impact of these is only short term and it will not have a long-term impact. I.e., it is true that the residential demand, sales and supply took a hit on the back of uncertainties surrounding RERA and GST. Though, with the improving clarity on GST & RERA, sales are expected to revive across categories and budget segments. Key Reforms In Real Estate Will Lift The Demand Now the change is already visible by the implementation of Government flagship mission “Housing for All by 2022” and its focus on the affordable housing segment. Moreover, the effective implementation of RERA restores confidence among homebuyers and the real estate sector is set to greatly benefit from RERA. Now the Residential real estate in India is set to make a comeback. Demonetisation had a healthful impact on property costs by restricting money transactions and checking speculative evaluation, successively increasing affordability, that may be a key to realize the government's flagship mission of 'Housing for All'. The government has also stretched the credit linked subsidy scheme till March 2020, which offers interest subsidies on home loans for Low Income Group (LIG), Middle Income Group (MIG) and Economically Weaker Section (EWS) under the Pradhan Mantri Awas Yojana. So it is clear that the real estate sector is showing signs of recovery and is in reforming stage where Government put its focus on providing affordable housing, consumer-friendly regulatory reforms and infrastructure to warehousing industry providing a sense of positive market sentiment. RERA and GST are now the prime factors that facilitate a recovery in the real estate sector. Recent evaluations after the implementation of RERA and GST indicate a 6 percent growth in housing sales across some of the major cities in 2018. The growth outlook across both commercial and residential real estate is turning progressive now. Based on estimates, by 2030, the real estate in India become a $1 trillion market. Hence the mess is over, buyers can come across to purchase their dream property without any second thought. Now they need to worry about the only thing that the selection of the best and trusted builder, finding the proper location & amenities while purchasing a ready to occupy or under construction 3 BHK or 2 BHK apartment or villa. Here you can stop your concerns about the selection of the right builder; you can undoubtedly contact Varma Homes, the top builder in Kerala. We have completed and ongoing residential projects in the three major districts of Kerala like Kochi, Trivandrum and Thrissur. Head off, to purchase your dream apartment with the most trustworthy real estate builder like Varma Homes. Find your dream home with us, great experiences are just around the corner!!! Also, read Importance of using RERA website before buying property.docx
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What are the Common Mistakes to Avoid While Investing in Real Estate ?
Diversification and variety are crucial in life, be it in our personal sphere or our investments. Keeping all your arsenal under one shelter can have disastrous results at times, which makes it even more important to have multiple investment options. Real estate is a popular option among a number of people today, thanks primarily due to the safety and high returns on offer, but it is often seen that investors make blunders while investing, blunders which can have a harsh impact on their income in the future.If you do not want to commit any major mistake while investing your hard earned penny, flats in Thrissur by Varma Homes are one of the perfect examples for the same. If you're just getting started in real estate investing, don't expect to become an expert overnight. You can indeed make money buying and selling properties, but it takes knowledge, determination, and skill. It also helps to know some of the classic mistakes that others make when they start investing in property, to help you avoid making them as well.Mistakes to Avoid While Investing in Real Estate are as follow1. Not Having A Clear Investment StrategyYou should have a plan before you invest your hard-earned money in any venture. It's imperative when it comes to real estate. You should first identify where you want to invest your money. Residential homes are good options for beginners. On top of that, they also make for an easy sale later on.2. Not Doing Your ResearchAnother simple yet crucial step in real estate investment is to do your research. It might be tempting just to buy a property you like and hope for the best, but that's not how this industry works. You need to understand first what you're getting into, where you're investing your money, the potential returns (if any), and other related aspects.3. Not Considering The LocationLocation is a major factor when it comes to investing in a real estate property. One of the most major mistakes to avoid while investing in real estate property is not taking the location into serious consideration. Most people compromise on the location of a place if it costs less. This is one of the major mistakes to avoid while investing in real estate property. You might as well choose a good real estate property with the best facilities and resale value than pick a real estate property that is cheaper with numerous loopholes.4. Neglecting The Reputation Of The Realtors/BuildersThis is one of the most important things to keep in mind when planning to invest in real estate. Real estate brands and builders are the backbone of good real estate property and help in investing in one. So, when you seek a real estate brand for getting a property, it is essential to know that they are well known and have a good reputation and brand name in the market.Make sure that you keep in mind that not taking notice of the real estate brands you seek out is one of the important mistakes to avoid while investing in real estate.5. Lacking Proper PaperworkThe next common mistake to avoid while investing in real estate is nothing but not having structured paperwork. Paperwork needs to be on point to have a smooth registration process and handover of the property. Investing in good and strong paperwork is the best way to make the right decision.6. Blindly Trusting OthersA number of people who purchase property are first timers, who often rely on the word of others when they invest. Blindly trusting a third party while investing can be extremely stupid, for people are bound to do things in their best interest. Blind faith can lead to you spending more than what is necessary or purchasing real estate which doesn't suit your requirements. One should consult experts in order to get a clear picture and rely on the word of those who have a proven record of offering good deals.Committing mistakes is part of human nature, and while we cannot completely wipe out mistakes, we can learn from them. Remembering a few simple points can ensure that your real estate investment doesn't become one of the biggest mistakes of your life.The reality is that if investing in real estate was easy, everybody would do it. Fortunately, many of the struggles endured by investors can be avoided with due diligence and proper planning before a contract is signed.If you want to avoid making mistakes and want to invest in a real estate property that you think would provide you with the best results in terms of the property of value and return on investments, then you should check out the luxurious Flats in Trivandrum by Varma Homes and get your investments sorted.
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10 Best Areas to Stay in Kochi
Kochi, also known as Cochin, is a bustling city located in the southwest coast of India. The city has witnessed rapid growth in recent years and has become a popular destination for real estate investments. If you're looking to buy an apartment in Kochi, it's essential to choose the right location to ensure a high return on investment. In this blog, we'll explore the 10 best areas to buy an apartment in Kochi.KakkanadKakkanad is one of the fastest-growing areas in Kochi and is home to Techno Park Kochi which is a famous IT hub and World Trade Center Kochi . The area is well-connected to other parts of the city, making it an ideal location for working professionals. Kakkanad also offers a range of residential properties, from budget-friendly apartments to luxurious villas, what makes it more attractive is that all your family needs are met, well connected to Sunrise Hospital, Metro Station( in progress), Banks - ICICI, Federal, Canara and so on. ChottanikkaraChottanikkara provides everything an aristocratic existence requires. In this village is the well-known Chottanikkara Bhagavathy Temple. The area is easily accessible from MGM School, Bhavans School, MITS Engineering College, Nucleus Mall, clinics, and others. It is the ideal location to live due to its excellent connectivity to the seaport-airport road, Kochi's major attractions, and more. Water accessibility and the abundance of lush vegetation are a couple of other strong reasons to choose this location. Pick your ideal home's location in Kochi from among these options.KaloorKaloor is a bustling residential area located in the heart of Kochi. The main highlight of this location is JNL stadium, a place known for its amazing ambience and various sports and cultural activities. The area is well-connected to other parts of the city and has several attractions and must visit places like Davids Pavilion, Brindhavan Vegetarian Restaurant, Kaloor Metro Station (JNL) and entertainment centers. Kaloor also offers a range of residential properties, from budget-friendly apartments to luxurious villas.VyttilaThe largest and most well-known intersection connecting the S. A. Road, the Thammanam Road, the Vyttila-Petta Road, and the famous Kochi Bypass. Inland water transportation (Water metro), buses, trains, the Metro Rail, and other surface transportation choices are all connected to Kochi through the Vyttila Mobility Hub. Name anything you will find in Vytilla. The mobility hubs, Welcare Hospital,TocH School, playschools, nurseries, restaurants like Supreme Upper Crust and Thakkaram, , backwaters, banks, railway stations, and clubs make it one of the finest places to reside in Kochi.EdappallyOne of the city's most well-developed neighbourhoods is Edappally and a famous spot in Kochi. It is the most active area in Kochi due to the quick growth of commercial and residential developments. One of the best draws in the area is Amrita hospital, Renai medicity, Kinder hospital and aster medicity along with Lulu Mall, the biggest shopping centre in India. Other famous places like St. George's Syro-Malabar Forane Church, Edappally Metro (busy metro station), Museum Of Kerala History a mix of fusion as this location offers everything one wants. If you reside in an apartment in Edappally, you will be close to city life in Kochi.KadavanthraNear the M.G.Road and Ernakulam Junction, is the important business district of Kadavanthra. The area has upscale retail establishments and a growing commercial main street. The Kadavanthra Metro Station, which services the Panampilly Nagar/Kadavanthra neighbourhood, is made possible by the intersection. It is located in Kochi's commercial district and is central to the city. In addition to being close to the South Railway Station, Kadavanthra has fast access to Kaloor, Vyttila, and the Cochin International Airport along with quick access to RSC(regional sports centre) , Medical Trust Hospital, Silverline Hospital, Welcare Hospital, Kendriya Vidyalaya, Bhavans Girinagar, TocH School, Yacht Club and Gymkhana ClubPanampilly NagarIt is a posh residential spot because it may be the cleanest and most beautiful area in Kochi city. The area is quickly developing into a high-profile private area and has a reputation for offering a serene, comfortable, and opulent lifestyle. The growing number of clothing Boutiques, eateries, and spas encourages buyers to choose this area for their ideal homes. It is one of Kochi's most prestigious residential colonies because all amenities are easily available. Fort KochiFort Kochi is a popular tourist destination in Kochi, offering a range of residential properties. The area is home to several tourist attractions, including the Chinese fishing nets, the St. Francis Church, and the Dutch Palace. Fort Kochi also offers a range of residential properties, from budget-friendly apartments to luxurious villas. Fort Kochi is known for its heritage and culture preservation even after so much commercialization.ThrippunithuraThrippunithura is one of the best places to stay in Kochi because it is a renowned historical and residential neighbourhood. Sree Poornathrayeesa Temple is well known for its ancient cultures, but the area is also well known for its yearly celebration, Vrishchikoltsawam. Since it is well linked by rail and road networks, it is only about 7 km from the city centre and a great location for both education and habitation. There are several educational establishments in the area. The biggest Metro station in the Kochi metro rail project (Vadakkekota metro station) is in Thrippunithura. A place known as a global tourist attraction, a million flock to visit the Palace, which has been an iconic place and a movie location for many blockbusters.If you are searching for residential apartments for sale in Kochi with a range of amenities, then Varma Homes offers you a wide range of apartments in and around Kochi. With the trending demand & craving of investors to capitalize on quality styled apartments, we craft our residential projects with the blend of all modern and traditional comforts. Well, the economic capital of Kerala, Kochi has witnessed a massive real estate boom. The realty market is fast flowing into the edge of the city, transforming them into the next best destination to invest in.
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Investing in Luxury Flats in Kerala: A Smart Choice for Your Financial Future
If you are investing in Kerala, there are various advantages to buying a luxury apartment. You will undoubtedly need a justification to bring up such a sizable purchase, and this in-depth post will provide justifications for why you must purchase a luxury apartment in Kerala.People who are not satisfied with just any kind of residence and the demand for luxury flats in Kerala may fluctuate at any given period. It is motivated by the rising standard of living, the desire for the good life among historically rich families, as well as the luxury property buyers who do so for valid reasons.When it comes to investing your hard-earned money, there are countless options available in the market. However, investing in luxury flats in Kerala can be a smart choice for your financial future. Kerala is a popular destination for tourism, and the real estate industry has been booming in recent years. In this blog, we will explore the reasons why investing in luxury flats in Kerala can be a wise financial decision.High Rental ReturnsKerala is one of the most popular tourist destinations in India, with its serene backwaters, pristine beaches, and lush green landscapes. This has resulted in a high demand for rental properties, especially during the tourist season. Investing in a luxury flat in a prime location can provide high rental returns, making it a lucrative investment opportunity.Appreciation of Property ValueKerala has seen a significant rise in the real estate market in recent years. The demand for properties has increased, resulting in a rise in property prices. Investing in a luxury flat in a prime location can provide high returns on investment, especially when the property value appreciates over time. As a result, investing in luxury flats in Kerala can be a wise financial decision in the long run.Tax BenefitsInvesting in real estate in India provides several tax benefits. Investors can avail tax deductions on the interest paid on home loans and can claim deductions on property taxes, maintenance charges, and repairs. Additionally, if the investor rents out the property, they can claim tax deductions on rental income and depreciation.High-Quality Construction and AmenitiesLuxury flats in Kerala offer high-quality construction and amenities, including 24/7 security, power backup, swimming pools, gyms, and more. These amenities provide a comfortable and luxurious lifestyle, attracting high-end buyers and tenants. The construction quality and amenities also play a vital role in determining the resale value of the property, making it a lucrative investment opportunity.Stable Real Estate MarketKerala's real estate market has shown stability over the years, with steady growth in property prices. Unlike the stock market, real estate investments are relatively stable, providing long-term benefits to investors. Investing in luxury flats in Kerala provides a stable and secure investment opportunity, which is beneficial for investors looking to secure their financial future.Investing in luxury flats in Kerala can be a smart choice for your financial future. The high rental returns, appreciation of property value, tax benefits, high-quality construction and amenities, and stable real estate market make it a lucrative investment opportunity. However, like any investment, it is essential to conduct thorough research and due diligence before making a decision. Working with a reputable real estate agency can help investors make an informed decision and maximize their returns on investment.Varma Homes is one of the famous builders in Kerala offering an array of choices for those who are looking for the Best Flats in Kerala. If you are planning to buy Budget flats in Kerala, I would say it is a wise choice. We have our projects across Kerala. You can trust and invest in our projects; our executives are always ready to help you. You just need to make a call, and we are there to suggest the best option for you. Your dream is just a call away!
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