Are you looking to invest your money for long-term benefits? Then real estate is the best option for you. For anyone fascinated in building prosperity, investing in real estate is one of the best means to do it. It is one of the most reliable forms of investments and using your money for acquiring a property comes with numerous benefits to its credit. That is why real estate investment is the key choice for investors. You can enjoy tax advantages, reasonable returns to build your prosperity. Here are some reasons why real estate is the best option for you as a great investment.
There will always be value in your land, and home. Other investments will leave you with very little to no tangible asset value like a stock, which may dip to zero, or a brand new automobile that depreciates over time. However, real estate investments have always been considered as an asset with superior value.
Real estate bids you more control of your investment as your property is the tangible asset that you simply leverage to maximize various revenue streams, whereas enjoying capital appreciation.
Diversification potential of real estate is another reason for investing in real estate. It has a low and in certain cases negative correlation with other chief asset classes. It means that the addition of real estate to a portfolio of diversified assets can lesser portfolio volatility and offer a higher return per unit of risk. Real estate will permanently serve as a safe tangible asset to mitigate the risk in your portfolio.
The tax benefits for the investments in real estate are numerous. It relies on the investors and how they use these investments to the best of their advantage. You’ll be able to get tax deductions on mortgage interest, income from investment properties, operational expenses & prices, insurance, depreciation, property taxes, and many other benefits. These breaks in taxes are truly helpful to people who deal with real estate as their long term business.
Being the capital of Kerala, Thiruvananthapuram is standing as one of the most enthralling cities in our nation. It is world famous with its rich cultural heritage making it one of the best tourist destinations in the country. It is no surprise that being one of the major capital cities in India, Trivandrum has shown tremendous growth in the real estate market over the past few years, especially in the apartments and villas sector. With much to offer, Trivandrum is setting new strategies for developing its economy and infrastructure that draws investors even from far away cities to invest in the very safe real estate market. It is expected to boom even further in the coming years. Now the city has also emerged as one of the biggest ever IT hub of India over the years making it a sought after destination by professionals all over the world to come and settle down with their family.
While comparing real estate growth in other cities, Trivandrum has been quite steady. Now the demands for residential homes in Trivandrum has reduced as most of the individuals prefer apartments or flats. This is because of the ease of access to all the necessities for a well-being in Trivandrum. Knowing this reality most of the developers have come up with totally different choices from budget to high-end luxury apartments at most cost-effective money plans. Trivandrum is an abode for various government establishments like Technopark, and numerous alternative projects lead to the giant range of population within the town. So the demands for real estate growth and the well-reputed builders increased. Varma Homes being the leading builders in Trivandrum has ensured the path of luxury living for people who looking for apartments in Trivandrum with premium facilities at reasonable prices. Considering the probabilities of future developments, investments in luxury apartments in Trivandrum will be an attractive choice.
Varma Dr. Pai’s Heritage is the unique apartment located at the heart of the city, Poojappura. It is a super luxury apartment with 2 & 3 BHK apartments handcrafted with luxurious amenities. Cherry-pick your dream home from our unique choice of apartment in Trivandrum we deliver beautiful designs with soothing hues of nature, world-class features and spectacular ambience. Dr. Pai’s Heritage is close to all major social infrastructures like hospitals, reputable schools, colleges, railway, airport, metro rail etc. bequeathing upon you an unparalleled quality of life. We assure that we give you the best apartment that symbolizes premium quality. We have our premium quality apartments in major cities of God's own country apart from Trivandrum like Kochi and Thrissur. Come and check out our incomparable apartment in Trivandrum, we are sure that you will be spellbound. Now it is the right time to make an investment in real estate and to realize your dream home with us!
When a person is young and vibrant, buying a property, especially an apartment, with basic amenities seems suitable. But those amenities seem to excessively sideline the needs of an aged person in most of the urban clusters. This elderly stage, which is appropriately called the second childhood, definitely needs the right concrete development that best fits all of their requirements. With an annual growth rate of 3%, the senior population is expected to reach 319 million by 2050. So, creating a favourable environment for the aged generation should be a priority. The majority want to live in a serene setting with people who share their similar interests. Luckily, there are ample facilities available in this era to gratify their wish for a safe and caring abode. Let us look at the factors that need to be considered while choosing an apartment for senior citizens:Be Understanding First and foremost, be sensitive to their feelings and requirements. Do not make picking an apartment seem like a daunting process to them. Never jump into buying any apartment without considering the services that the builders offer. A careful study and analysis should be done before selection so that the lives of your loved ones become happy and hassle-free. A Reasonable BuyThe majority of senior citizens who purchase a home do so using their retirement funds. And having a home after they have passed their early years may appear to be a significant burden. Most financial institutions provide older adults with home loans with terms that can run until they reach the age of 75. But taking out a loan is unlikely to aid a senior citizen. Therefore, finding a property with all their necessary comforts and also one that will fit their budget is crucial. Access to Conveniences A senior citizen-friendly development should include ramps and elevators, as well as be constructed to accommodate the needs of its older people. Fewer accidents happen at homes when skid-free surfaces, easily accessible elevators, ramps with side rails, and support handles in bathrooms and balconies are assured. Inside the residence, there should be no unnecessary furniture or modifications. Search for an apartment that allows you to make such adjustments to the decor. Health & Well-being Check out properties that are close to mental and physical wellness centres and have access to 24/7 medical assistance. It's also crucial to make sure that transportation is available in the event of an emergency medical situation. Choosing places with peaceful surroundings could be a wonderful idea if you have easy access to diagnostic centres, medical shops, and other necessities. Upgraded Security Security is a factor that cannot be overlooked, given how vulnerable the elderly are. It is critical to have a security system in place to ensure their safety and avoid any unwanted hazards. For peace of mind, a secure development with effective security services is required. Security guards trained in fire safety and first aid should be on duty 24 hours a day in apartments with CCTV surveillance. Transportation System From the standpoint of the elderly, easy access to public transportation from home is one of the most desired amenities. Because of their age, the majority of older citizens rely on public transportation such as buses, autos, and trains. It would be advantageous if the bus stop and train station were both within walking distance of the apartment. Recreation Apartments with recreational areas are great for the elderly to take a break and restore their sense of peace. If not, look for flats that are close to gardens and parks. This also provides a place for senior citizens to go for walks and socialise. Elderly people like engaging with others, which helps to alleviate loneliness by keeping them active throughout the day. Always choose a trusted builder while entrusting the safety of your loved ones. Varma Homes has effectively established itself as one of Kerala's most trusted builders since its inception. With the most advanced facilities and eco-friendly aspects, we present you with a modern lifestyle of luxury, convenience, and comfortable living. We've made it our full-time goal to provide the best service and quality in our pricing range, and we've succeeded time after time. Currently we have apartment developments in Kochi, Tripunithura, Thrissur, and Thiruvananthapuram.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
Tripunithura is the part of Kochi metropolitan area. It was the capital of the former Kingdom of Cochin. The 'Raja Nagari' - the royal city is one of the most prominent centers of traditional Kerala cultural heritage. When you live anywhere in Tripunithura, you are proximate to almost everything a royal lifestyle demand. The place is interconnected to temples, shopping malls, schools like Bhavans, Choice & Chinmaya; and connectivity to mini bypass, the seaport - airport road and more, making living in the land of temples, dynasty and rich in history, a truly royal experience. Hill Palace is the largest archeological museum located at Tripunithura near Karingachira area. The Abhishekam Convention Hall is one of the meeting halls available in Tripunithura. It has a main bus-stand in its main centre with buses going from and coming into from different locations. Furthermore, Tripunithura has bus-stops in almost every part of the town which makes travel by bus easier. Railway transport is also available. It is a major railway station in Ernakulam to Kottayam route with many passenger trains and express trains have a stop over here. NH 49 passes through Karingachira. Ernakulam-Ettumanoor State Highway also passes through Thripunithura. Maalika luxury apartments in Tripunithura by Varma Homes, gives you exactly the same. Varma Homes, we the best builders in Kochi are good at what we do, building living spaces. To build a place, where you can find all your comforts and finally call home. At Maalika, a magical spell appeals your inside. The insides are crafted with unmatched blend of artistry, spatial elegance and design. Call it a perfect place to portray your inside stories in the finest canvas you have ever seen. We collaborated with talented architects and design houses to bring you the very best you can get. Located in the land of royalty, the rich historical mores of Thripunithura re?ects the depth of art, culture, and belief. The former rulers of Kingdom of Cochin were great patrons of art. This made fine arts and architecture flourish under them in many ways. Athachamayam, the cultural gala exclusive to this land alone, stands proof to the fact. Poornathrayeesa Temple lightens the lamps to the path of supreme deity. The Kelikottu of midnight Kathakali performances transport you to the traditional days of the past where the night is ?lled with Kacheri and Natyakalari. The prestigious RLV College of Music and Institute of Fine Arts, and Government Sanskrit College are just a few blocks away. Nearly half a dozen cultural societies including Sree Poornathrayeesha Sangeetha Sabha, Tripunithura Kathakali Club and the International Centre for Koodiyattom are active with cultural performances and programmes. Tripunithura also has many dedicated centers for stage performances and promotion of art. For building living spaces - location matters, convenience matters and finally, the creator matters. The conglomeration of all this, is the result - something beautiful and breathtaking. Maalika luxury apartments in Tripunithura by Varma Homes, gives you exactly the same. Varma Homes, we the best builders in Kochi are good at what we do, building living spaces. To build a place, where you can find all your comforts and finally call home. At Maalika, a magical spell appeals your inside. The insides are crafted with unmatched blend of artistry, spatial elegance and design. Call it a perfect place to portray your inside stories in the finest canvas you have ever seen. We collaborated with talented architects and design houses to bring you the very best you can get.Read More
The trends and ideologies of having a home in gone modern in Thrissur. The orthodox nature of the city which was famous of its culture and artistic thoughts have now transformed to a fast growing city with pepping in of new commercial ventures in various domains. There is a high boom in the construction industry with the demand for developing residential spaces. A city which largely had a lot of individual homes have now changed to apartments which gives comfort, luxury and security. Varma homes, the most trusted builder in Kerala has now diversified to the city of Thrissur with the new project in Poochatty, Varma's Spectrum. Poochatty is an easily accessible location, which is just a drive in from the national highway that connects Thrissur to the rest of the world. A quick road access to the Cochin International Airport is definitely a major attraction for people who have a busy travel life. The location where the construction of this luxury apartment has all the major add on's as it's a fast developing part of Thrissur. The Bhavans Vidya Mandir School, managed by the much famous Bharatiya Vidya Bhavan group of educational institutions is a foot step away from Varma's Spectrum, the best builders in Thrissur. Life in Thrissur is literally a life with festivals. A life centered around the bliss of Vadakkumnathan temple, hosting art an cultural spaces and also to the much famous Thrissur Pooram which showcases massive drum ensembles, procession of pachyderms and fireworks. This project is curated by Varma Homes, the builder with a royal lineage. With tremendous domain experience and a dozen of projects in hand, Varma Homes is the most trusted builders of Kerala. Just pay 10% of the total cost as a booking right now and own Varma's Spectrum, Thrissur.Read More
Yes, it is clear that the real estate developers and homebuyers were the biggest winners in the Budget 2019, and therefore the industry's housing extents may see a commendable shift. Real estate experts welcome the tax benefits and the various exemptions declared within the Interim Budget 2019 are probably upsurge the demand for real estate and in the affordable sector. The Finance Minister Piyush Goyal presented the budget on February 1st, the real estate industry had the major reason to happy as various direct, and indirect measures were proposed for the damaged sector. The property area, which has been fronting a number of multi-year demand slowdown, particularly with falling sales, may profit significantly from the new proposals of this budget. Let’s check out what real estate gained in budget 2019: No need to worry about two self-occupied houses - People who own up to 2 self-occupied properties do not need to pay any notional rent tax on them. Exemption of notional rent on the 2nd self-occupied house can give extra savings within the hands of the second home purchasers and will additionally boost the capitalist activity within the sector. Considering the problem of the middle class has to take care of families at 2 locations on account of their job, care of parents, children’s education, this move will offer a space to save more on housing taxes. Many folks would additionally request choices to purchase for homes after this rollout of the new benefit in housing investments. Capital gain advantages on 2 housing investments -The good thing about the change of capital gains underneath section 54 of the Income-tax Act is going to be boosted from investment in one residential house to 2 residential house for a taxpayer having capital increases up to Rs 2crore. This profit will be availed once in a lifetime. This reinvestment of capital gains in 2 homes, is expected to increase investment in residential real estate zone and make this market more attractive. TDS threshold for the tax deduction on rent hiked - The TDS threshold for deduction of tax on rent has been proposed to be increased from Rs 1, 80,000 to Rs 2, 40,000, which provide much relief to small taxpayers. Therefore, this move will definitely drive up the sales of affordable housing. Relief for housing developers & home buyers- The Interim Budget 2019 will offer abundant chances for the homebuyers to invest. Extension of the exemption limit for taxpayers will upsurge the purchasing capacity of the homebuyer, thus providing a path to attain ‘Housing for All’ vision. In addition, builders do not have to pay notional rent on unsold flats for two years after the year in which the construction is finished, which is a great step. Income tax rebate-The tax rebate concept helps Individual taxpayers, those having taxable annual income up to Rs five lakh can get the full benefit for the tax rebate and so won't be needed to pay any income tax. This proposal can facilitate in increasing the budget of house buyer’s and might give a giant boost to the demand for housing. The budget offers additional income within the hand of the residential land client, encouraging them to push their budgets up for brand spanking new homes, whereas conjointly providing tax incentives for finance in a very second home. It ought to increase demand in the residential niche market. The much-awaited auspicious time of the year is here, when persons look forward to spending cash on several kinds of stuff, especially homes and golds. Because of this favourable budget 2019 of Government, the real estate market gets a big boost and the homebuyers gained more benefits. Therefore, it is clear that this 2K19 is the perfect year for both housing developers and homebuyers. Experts say that there cannot be a better time to buy a house than now. If you have any plan for buying your dream home in your preferred location, then it is the right time. Also, you no need to worry about choosing the right builder; here is your solution Varma Homes, the best builders in Kochi. We building living spaces that truly matters your happiness. You can catch your dream apartment with us in the major prime locations of Kerala. So hurry up, now the decision is up to you…Read More