Are you dreaming about owning your dream home in the heart of a city? But confused if you should invest in an independent house or an apartment. Here are some of the points that will help you to choose your dream home.
In a metropolitan city like Kochi, we have seen that the accessible open spaces are getting depleted by real estate builders and their projects. This is because of a major number of people moving into the city and hence their increase in the demand for houses. But the lack of space availability is the major concern to those people who like to find a house close to their workplace, kid’s schools, hospitals or other accessibilities in the heart of the city. So finding a plot to build your own independent house might be a tedious chore. Instead, you can be able to find a huge number of choices in apartments across the city. So it is very easy to find a dream home that meets all the essential requirements of city life like proximity to the office, schools, hospitals, shopping malls and other social infrastructure.
When you construct a personal house, you've got the freedom to decide on the planning, entire construction of the house and in future, you can easily upgrade it upon your tastes. However, with apartments, you might not be allowed to form any alterations to the most construction. You can, however, prefer to splurge on the inside style to convey it your personal bit. If you build a home on a plot it'd take a substantial quantity of your time for the development to be completed. In terms of the apartment, if you select a reliable builder with RERA registered you've got the peace of mind that you simply would get your home among the stipulated time. And with apartment, you merely need to pay the worth of the property and also the builder would beware of all the construction work and timely delivery. You do not have the trouble of finding architects and contractors to assist you to build like individual homes.
Most apartments offer a variety of amenities to its residents. They are swimming pool, fully automatic lifts, clubhouse, health club, water filter, sewage treatment plant, solar energy utilization, children's play area, rooftop party area, intercom facility, video door phone, surveillance camera, fire fighting system, caretaker’s room, driver’s room, provision for 24 hrs lift, power & water supply facility. So purchasing an apartment property comes with these added values whereas an independent property needs extra effort for setting up of these services. Moreover, various housing projects also deal with additional on-call assistance like housekeeping, laundry, medical facilities, electrician, plumber, cooks and others. Whereas in case of an independent house, a homeowner is needed to take a considerable amount towards putting in these facilities and its maintenance.
There is no doubt that the privacy that a personal house offers is kind of one thing. This is not meant that apartments are lacking. But the common areas in the apartments would be accessible to all the residents. However, one key factor draws most of the home consumers to apartments is round-the-clock security. That is apartments come with 24*7 manned security guards, surveillance cameras and monitored visitor management system. Also, living in a community adds to the safety factor as having a lot of neighbours around will solely helpful within the event of an emergency.
If you are applying for a home loan then it is easier to get the home loan for an apartment over any individual home. The lending is difficult in the case of independent properties whereas apartment housing projects have pre-approved loans from lending institutions which make it easier to secure home loans. Read more about pre-approved loans in our article “opt for pre-approved home loan & take a step closer to your dream home” & know its benefits.
Nowadays the demands for apartments are very big across major cities. Even in smaller cities, home consumers prefer apartments over individual houses. This shows that resale of apartments is likely to be easier over independent houses, further bringing greater resale value.
When you decide to take a home loan to purchase an apartment, you are entitled to tax benefits. When it comes to individual homes, the residents will avail a loan for the purchase of land besides as construction of the house. However, tax exemptions can't be availed solely on the acquisition of the land.
It is difficult to say which one is better, as each has its own pros and cons. So the decision must be based on the choices that would suit you and your family. It is clear that based on the current housing scenario, it is more sensible to choose an apartment complex than an individual house. Are you searching to buy the best apartments in Kerala? Then you can get in touch with Varma Homes as a pioneer in real estate industry, we offer high-end amenities to all our apartments in the major areas of Kerala like Kochi, Thrissur & Trivandrum which helped many buyers to reach on your dream home. Visit Varma Homes to know the exact details of all our residential projects and select the best from it. So weigh all your options and connect with us to book an apartment in your favourite location to lead a happy and comfortable lifestyle.
One Crore Worth Asset with a Minimum Investment Do you know the profits of investing in real estate? Have you ever thought about your investment option that you get guaranteed future returns? Whether you think about your retirement life with a substantial income? The answer to all these queries is to acquire an investment in the realty market with the full guaranteed appreciation of land property from a top and reputed builder. However, with the right perception, investing can be one among the most lucrative deeds you take part. Real estate investment has proven time and again, that it can serve as a wealth building source for all savvy investors. You can enjoy an exceptional rate of returns, amazing tax benefits and leverage real estate to form your wealth. So an investment in real estate is not only a safe financial investment but also an investment that can withdraw years of fun, happiness and precious memories that will last for a lifetime. Invest With the Right Builder to Get the Guaranteed Future Returns Let’s assume if you shortlisted an apartment for buying. One of the most unique things about investing in real estate is that you can buy it using a small amount of your own money, i.e almost 20% of the total project cost, while borrowing the rest, often 80% with the bank loaned money. It is a proven fact that the worth of real estate investment will rise over time and is a stable way to upsurge wealth over a period. For instance, early investors can avail of special launch offers(discounts) from the builders. And this discount may be for limited bookings and a short period. The real estate projects are developed in different phases and the price also increases in the ongoing phases of the project. So, when someone invest in the pre-launch or new-launch phase, the investor can earn a good profit in a short period in the development of the project. So investing in real estate is the guaranteed future returns. Hence, select your property wisely by hiring the right builder like Varma Homes and get your one crore worth asset with the minimum initial investment. Here we can assure that you never regret your decisions! Though, it is also essential to check the builder’s expertise and track- record before buying an apartment for getting the good resale value of the property in the future. Always pick a builder with a good reputation, who gives primacy for best locations, quality work, financial stability, promptness and above all, there have an active post-sales service crew. Hence, it will guarantee that you get a good future return on your hard-earned cash. Varma homes, #1 Builder in Kerala believe in constructing happiness among people with our extraordinary services. We have completed and ongoing residential projects in the prime localities of metropolitan city Kochi, Trivandrum and Thrissur. If you are planning to purchase an apartment, but worry about the formalities of a home loan for owning it. Then you can stop wasting time worrying, as we have the tie-up with all major banks, and we offer pre-approved loans for all our projects. And so we invite you to join our ever-growing community of satisfied customers, here you can meet unmatched quality with affordable rates and guaranteed future returns. Make your wealth by investing your interests with us and get a lifelong investment!!! Unlock the benefits of real estate over other assets>>> “Investing in Mutual Funds/Shares/Real Estate, Which is better?”Read More
If 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 More
Lush greenery, spiritual aura, and delightful cultural displays within a safe and peaceful environment sound quite pleasing to your senses, doesn't it? Frankly, this is what the glorious city of Thrissur, the cultural capital of Kerala, has to offer. It is a city that’s emerging as the trendiest spot for residential properties due to certain winning factors. Learn why this boost and high rise in demand are happening.The Central BridgeThrissur is like the frosting on the cake because of its position in the center. North and South Kerala are connected by Thrissur, which acts as a bridge. Given the geographical location of Kerala's cities, not every city can claim to have easy access to the majority of its flats and apartments. It is simple to commute to different regions of the state as well as neighbouring states from Thrissur.FacilitiesLiving in an apartment in Thrissur puts you in close proximity to key facilities that a family requires. The neighbourhood provides easy access to major shopping facilities, commercial centers, medical facilities, schools, and colleges. Well-known landmarks and religious centers are close by, so you can re-energize your spirits. The railway station and the airport are also easily accessible. People who reside in the flats here have access to these amenities whenever they want. Excellent InvestmentDue to the fact that Thrissur is a thriving business center where thousands of people come in seeking work, there will always be a demand for real estate properties to rent or lease. As an investor looking for a consistent source of income, buying flats in Thrissur will provide a favourable cash flow. Return on InvestmentThrissur is a constantly developing region, and investing in its future is a solid bet, since the growing economy will only help your property's return on investment. If you decide to sell the property in the future, the price will only rise, and the longer you keep it, the bigger the profits will be. Favourable weatherThrissur is a green and sustainable city, noted for its economic development, environmental promotion, and conservation. It also enjoys the nicest weather, which appeals to potential property buyers. The steady temperature of the city helps towards the comfort and stability of modern life. Rich Cultural EloquenceThere is the added benefit of a rich cultural atmosphere in Thrissur, which is known for its festivals and celebrations. The Thrissur Pooram and Vadakkumnathan Temple attracts visitors from all around the world. The district's cultural significance makes it one of Kerala's top investment opportunities. A flat in Thrissur might be a great place to spend the holidays. Thrissur's properties are in great demand during festival seasons, with visitors and tourists flocking to the city. It can be used as a cost-effective solution by a person or rented out. Safe & De-stressing AtmosphereThis district has a wonderful ability to relax and calm people. Get away from the hustle and bustle of cities, pollution, violent crimes, monotony, and meaningless existence. Aside from that, this city is a secure location to live. The district is considered one of the safest in Kerala and South India. VARMA SPECTRUMVarma Homes invites you to take advantage of all this boon happening in the magnificent metropolis of Thrissur with Varma Spectrum apartments! Varma Spectrum is located in Poochatti, with its wonderfully composed first-rate construction, reflecting the enthusiasm of the location, which is near the NH bypass and Bhavan's Vidya Mandir. With a proven competence in delivering dream apartments in Kerala, built with state-of-the-art construction ideas and world-class amenities such as a fitness center, furnished lobby, library, and indoor play area, we thrive to provide you with the best. At Varma Spectrum, you are going to enjoy a trailblazing lifestyle. It is an essential asset for people looking for the greatest luxury flats in Thrissur that provide more than what any resident desires. Therefore, if you're seeking a unique living experience with globally acclaimed facilities, abundant flora, and a relaxing atmosphere, look no further. Thrissur, Kerala's cultural capital, is the hottest, happening place to own and live life. Seize the opportunity to call Varma Spectrum your ideal home, which is nearing completion by August 2022. To know more about this project, please visit our website or call us at +91 9539 29 33 33.Read More
Things to consider before booking your apartments in Cochin Are you dreaming to own an apartment in prime locales of Kochi? There is no shortage of rich housing choices in a metropolitan city, and Kochi is not exempt to that norm. Though, those who have searched for an apartment in Kerala's economic capital, Kochi might have understood that it’s not at all an easy chore. Purchasing an apartment in Cochin need to have a big deal of thinking and evaluation of various factors before fulfilling it. So, when you are planning to buy an apartment in Cochin, you always need to put some additional care and effort. When you decide to invest your hard earned cash on buying an apartment, consider these 9 factors before you jump into the final decision. 1. The Reputation of the Builder Yes, the reputation of builders plays a role. Purchasing an apartment from the reputed builder, to some degree, assures that all their promises will be fulfilled. Through their previous projects, you get to identify to what point they stand on their promises and what quality they deal with. 2. Excellent Connectivity It is another key thing to check before purchasing an apartment in Kochi. If your apartment is well connected with hospitals, retail shops, bus stops, medical stores, accessibility to the city, ATM, schools and your workplace then the whole thing will become more comfortable for you. 3. Essential Clearances Most importantly, you do not want to get jammed in some project where the mandatory clearances are not settled. So before you take a big step, check thoroughly significant legal documents and clearances. 4 Amenities Should Meet Your Expectations You need to check that the apartments you have shortlisted meet all your expectations about the amenities available in the area also. Like your apartment should be in a loop of short distances from Your Work Place, Shopping Malls, Educational Institutions, Hospitals, Parks and so forth. The cost of your selected apartment usually depends on the amenities provided, land cost, location, construction quality, used materials, possession date and nature of the project. 5. Safety & Security A natural disaster and its concerns can change your life, and result in the need for you to move on to another property. So always look at the high-performance apartment building that is a bit safe from all natural calamities and designed to adopt strategies for disaster resistance. The installations of safety features such as emergency alarms, exits, earthquake-resistant materials, basement flood pumps, fire hoses and extinguishers in apartments enable homeowners to get bigger protection from such unprecedented events. When choosing an apartment for you to ensure that the apartment has the right security arrangement like the facilities to block all unwanted salesperson, suspicious strangers and beggars. Although the family goes out of the city for some days your home is going to be secure and safe. 6. Discover the Essence of Luxury Living Close To Nature Stays on the soothing natural environment in the heart of the city are more comforting and peaceful. So discover apartments that have serene park views or that is within walking distance of green grass, bushes and trees. Altogether, the atmosphere stimuli your mood, so it is best to be in an abode where you have the least stress and you will find your sense of peace returning. 7. Future Valuation Property investment is sensible only it brings redoubled returns in future. You would possibly be shopping for an apartment to reside, you never know when you need to own a new apartment with a lot of facilities and sell the current one. So when it comes up to purchase an apartment consider the future valuation of the property. Kochi with its increasing traffic, pollution and frantic life, most of the people are looking for a residential zone that is in close proximity with IT HUB, open gates to nature and heaps of luxury to pamper them. To fulfil their dreams, Varma Homes, one of the most prominent builders in Cochin offers you luxury apartments in the prime locations of Queen of the Arabian Sea. Our major ready to occupy apartments in Cochin like Varma Regent and Varma Maalika has already received an awe-inspiring response from the public. We invite you to join our fast growing community of satisfied clients where you can meet the unmatched quality of living spaces and all the essentials for practical living. Now we are come up with a new prestigious project “Varma Bougain Heights Purple “at the central location of Chottanikara which is the perfect blend of serenity and accessibility. So make your first move, take a visit to our new project where words are not enough to define the splendour of Bougain Heights. You need to experience it, invest in this compact apartment and get guaranteed returns. Above all, enhancing the quality of life and constructing happiness are the key aspirations for Varma Homes. You can discover and experience all these factors for the peaceful living in all the houses of Varma Homes. So why are you wasting your valuable time in search of a luxurious, comfortable and elegant apartment in Kochi? Varma Homes is your best choice. Give us a call to book the fanciest most exclusive apartments in Cochin. We’d love to help you!Read More
There are numerous things to think about when purchasing a luxury apartment in Trivandrum. Thispurchase will allow you to build the home of your dreams for your family. As a result, you shouldthink carefully before choosing which property to consider. The location and surroundings need tobe considered first and foremost.Neighborhood is important when you buy flat in TrivandrumYou shouldn't settle for a bad neighbourhood. It ought to be a tranquil neighbourhood withconsiderate neighbours and a reliable security system. Additionally, it should be close to all of theimportant amenities like hospitals, schools, and colleges.Following this, you can consider additional elements including the apartment's location, size, andfacilities. Check to discover if there are any additional amenities like swimming pools, gyms, orrecreation areas available.It is crucial that tenants have all of these amenities in their residence, in addition to a number ofothers, if you are purchasing an apartment to rent out to tenants.Commute TimesThe second thing to think about is how long it will take to go to municipal amenities. Purchasing aluxury apartment in Trivandrum, especially one within the city limits, can be expensive andoccasionally exceed your budget. Go for it if you can afford it.The Apartment's LocationWhen buying a flat, it's crucial to keep the apartment's location in mind. The apartments inTrivandrum should be situated so that staying there would satisfy all of your needs. It should beclose to reputable hospitals, schools, and markets, as well as other amenities like post offices andATMs.You shouldn't have to worry about anything while visiting if it is safe, tranquil, and has little to nocrime. The neighbourhood in which the home is situated is crucial because, if all goes well, it willmake your decision simple.The cost of the homeThe cost of the home should not exceed what you can afford to spend on it and should fall withinyour budget.If at all feasible, seek assistance from a professional or real estate agent who can inform you on theneighborhood's location and other amenities as well as the average cost of homes there.Visit the region if you can so you can see how much room is available there and what amenities,such as hospitals and schools, are close to your home.Future Resale Value while purchasing a Trivandrum apartmentThe second factor that should be carefully studied before buying a flat is the pricing. It needs to bereasonably priced and within your means.The property's location is a crucial consideration while choosing it. You will have to spend moremoney on transportation if it is not at a convenient location. Therefore, it should be in a goodneighbourhood with all the essential services like markets, hospitals, and schools.Before buying a home, there are a lot of factors to think about. If at all possible, visit the property toexamine what is offered before making a decision.Infrastructure QualityIt is crucial to be aware of the infrastructure quality in the area where you are purchasing a home. Itis challenging to investigate this before you purchase a property, nevertheless.Therefore, if at all feasible, ask others who have already purchased properties in that area.Before buying a property in any city, you must also take into account a number of other factors. Areal estate broker or an expert should be consulted before making a decision.Community feeling in the area.The neighbourhood where you plan to buy a house should have a strong sense of community. Thiswill assist you in meeting new people in the area and having fun with them.Due to the rapid market change, now is the ideal time to invest in or purchase residential properties,flats, and apartments in Trivandrum. One of Trivandrum's most reputable and trustworthy builders,Varma Homes, provides high-quality residential buildings with top-notch amenities in excellentlocations.Read More