Investment Advice for Buying Properties in Prime Localities in Kochi
Kochi has become a preferred destination for people looking to invest in property. The main reason is that it has now evolved into a technical and commercial hub and bids various opportunities for both job seekers and people in the business. Likewise, the cluster of towns, tourist’s spots, and breath-taking natural beauty make Kochi the most demanding residential area in Kerala. The city has a unique vibrancy and uniqueness from others. Being the Economical capital of Kerala, the city is always growing and now it’s a dream of anyone to own a property in the central location of Kochi. There are many places in and around Kochi where you can stay or settle and let’s consider the top areas where most of the people prefer to buy flats in Cochin.
If you are looking forward to buying a flat in the best cities in Kochi, then Edappally is one of the finest destinations you can choose. It is the most popular locality owing to its excellent connectivity and various social infrastructures. Besides being commercially developed, Edappally is also a great residential location with numerous top-notch apartment and flat projects with amazing architecture and design. It also hosts India’s largest shopping mall, Lulu Mall which is one of the finest attractions of the state and is one of the favorite hangout spots of all Kochiates. Being the doorway to Kochi city, buying a flat in Edappally will keep you extremely close to all the key points of the city.
To all who love living in the posh residential area and indulging in its infinite pleasures, Panampilly is a perfect choice. It is one of the high-end hybrid residential-commercial neighborhood in Cochin, offers plenty of benefits that includes a comfortable and lavish lifestyle, excellent connectivity, healthy surroundings and high return. The area provides access to facilities like hospitals, schools, colleges, shopping malls, banks, convenience store everything you will be expecting will be supplied with Panampilly as a location for your flats in Cochin.
If you're looking for a peaceful and culture organized place, then Tripunithura is the best choice. It is positioned well given its infrastructure and connectivity which offers exceptional quality of life and stands out in the top-notch facilities available. The area has proximity to schools, shopping malls, bus depot, colleges, residential properties, railway stations, hospitals and many more. You can find Tripunithura as the best place to live in Kochi as it gives you a luxury living away from hectic city life.
Well-known as the IT capital of Kerala and is the most preferred spot for potential home buyers in Kochi. It is the best place to live in Kochi, which is away from the busy city lifestyle but close to all the landmarks within a short distance and easily accessible. One can get the city benefits with the comforts of a village. It is the best area to invest in the future. If you are working in Infopark Kakkanad, then it is undoubtedly one of the right options to stay. Many IT employees prefer ready to occupy flats in Kakkanad which makes it easy to access to their workplaces and also very to the City life.
It is yet another hot spot to invest in Kochi which offers all the elements required for a noble lifestyle. The tranquil atmosphere and lush greenery of this place make it the best place to live. It is well balanced in connectivity to industrial areas and the neighbourhood cites and has close proximity to one of the best known Indian temple – the Chottanikkara Bhagavathy Temple, reputed schools, hospitals and entertainment zones. Besides it has excellent connectivity to the seaport - airport road, mini bypass, and more, which makes the living in the land of temples, a truly royal experience. The place is going to be the residential hub of the future Cochin and is an exceptional choice for anyone looking for a flat in Kochi along with the investment interests. So having flats in Chottanikara will ensure that you live in close range of city limits yet keeping a healthy distance from the crowded city.
Take your choice from these top locations in Kochi for your dream home. A home must be a safe haven for you and your family and sensible investment of your savings promising high returns. If you are in search for your dream home then explore Varma Homes portfolio of apartments in Kochi. We offer homes at the most-desired locations with world-class amenities to give you a supreme lifestyle like no one else. Whether you want to buy luxury flats in Chottanikara area, just contact us. We have our new launch project Bougain Heights Purple that fits your dream and your pocket. It offers you a complete address that addresses all your requirements and necessities. Enquire now for the best possible deal and unique benefits.
Invest in real estate or invest in shares? You may have often wondered which the best form of investment is. Both have an image of being lucrative, but which is the better option? Is it better to invest in shares, or should you consider purchasing real estate instead? There are many options available when it comes to investing. The two most popular ones are real estate and stocks. But, many people find it difficult to choose between the two and often end up choosing both or none at all. Real estate and shares are two valuable investments. When it comes to buying real estate or shares, the ultimate choice is yours. Both entities will give you a financial return on your investment (ROI), but they can be different in many ways.Real Estate Vs Stocks in KeralaIf you understand what you've been doing, stocks can be a wise investment. You don't need a large sum of money to make investments in stocks and shares. There are several ways to do so, covering everything from mutual funds to using a share broker. You can also buy a stock market tracker or invest in equities. When you buy stock in a firm, you are truly purchasing a part of the company's ownership. Because of this, the value of your investment will increase or decrease depending upon how the company performs. In reality, stocks have a downside. They're a bit more dangerous, when you're buying stocks you end up with an excessive amount of risk exposure.On the other side, real estate is a highly accessible investment in many dimensions. You can estimate its worth and assure that you'll be able to earn the profits you desire. It's a tangible asset that comes with a slew of advantages, involving cash flow and appreciation (as do some share investments). As well as leverage, which allows you to grow your investment by borrowing money from the bank. This, blended with real estate's ability to function as a long-term hedge against market volatility & inflation, creates a powerful combination. And thus, makes it one of the safest ways to accumulate wealth, keep it, and even pass it down to future generations. You can either lease property for others to use it or buy property and rent it out yourself. Despite a few setbacks, it remains the best investment opportunity and will continue to develop in the future. Because of considerable economic growth, the average pay in most Kerala cities has improved. This provides everyone with a reason to plan for the future, making real estate a great investment alternative. Real estate has a weak correlation to the other major asset classes, i.e. even if the economy experiences a slump, stocks or shares may stop providing dividends, real estate counteract any severe economic downturn. To sum up,Long-term planning for the future is often difficult, but it’s necessary if you want to be successful. This is particularly true for people and families that are looking to invest their money. Making a real estate investment can help provide a steady stream of income and create peace of mind in the long term. Real estate has consistently outperformed the share market over the last few decades. It's performing admirably and has persuaded investors that it is a sound investment. If you are looking to make money through your investments, then real estate is what you want to go with. It is better than shares, because the return on your investment will be much higher. The prices of real estate are increasing every year and if you invest now, then you can expect a high ROI (return on investment). So, if you are looking to buy an apartment in Kerala, then you can choose Varma Homes, a trusted builder in Kerala. Varma Homes is a renowned real estate builder in Kerala that offers residential properties at best rates. You can choose from an array of options to suit your requirements and budget. We have our apartment projects in major cities, such as Kochi, Thrissur, Thiruvananthapuram, and Kozhikode. Choose the one that suits your needs best! Contact us today for further information or visit our website for more details!Read More
The desire to have a place to call home is what provokes the majority of people to own an apartment. But sometimes, they are stuck in the EMI vs rent dilemma and hence they are hesitant to take a good decision. Many questions may arise, such as whether it is sensible to pay more for an EMI when I can rent it for a significantly lower price, or whether I can handle the bank loan interest, and so on. Yet, in the end, most people choose to settle down in their own home. Now it seems that the residential real estate industry is at its best now with several favourable factors that force people to buy an apartment in their favourite location. People can access loans at historically cheap interest rates now. Owing to the RBI's decision to lower the repo rate, home loan rates have fallen below 7* percentage, compared to 8-9* percent a year ago. If you have adequate monetary wealth, you can purchase an apartment. Though, if you do not, then also, you can try to purchase a home with EMI. After paying high monthly rent, you will eventually buy your home. Paying EMI is better than paying high monthly rents. After all, finally, you have your own property to call "Home". In the case of renting, rent is a monthly payment that does not result in the creation of any physical asset. Paying EMI, on the other hand, has important impacts: it not only gives you present shelter but also advances the proportional possession of the property. While it is true that renting relieves one of the stresses of EMI payments, property taxes, & other legal concerns that come with owning a home. Unlike apartment owners, renters do not have to pay for maintenance or repairs, & they do not have to pay property taxes. However, owning a property as an investment might save you a significant amount of cash, thereby leaving you to build equity and also the appreciated land value will promise you a huge return on your investment. Make the Correct Decision! Owning your own home is desirable, & the time is when you can afford it. Affordability is usually a crucial factor when it comes to purchasing your own home. As a rental, you will not find a decent property for less than 15-20k rupees in a good area, so even if you stay there for 15 to 25 years, you won't have a home to call your own. However, if you buy it with a home loan, you have a home of your own; you won't have any trouble settling down when you retire, a home increases your net worth & credit score, your future generations have an edge over others, and so on. Without a doubt, owning an apartment is a worthwhile choice rather than renting one. Renting does not allow you to build equity in the same way that buying an apartment does. Also, your rent could increase at any time. You're perhaps under the control of your tenant, who may order you to leave or defer repair demands. But, when you take out a loan to purchase a home, you're already mindful of the EMI you'll have to pay over time. But it is worth than renting. Let's look at a real estate property in Kochi as an example. Consider the following scenario: You need to pay 20K average in rent to get a housing, with around 5% increase in rent per year. The rental range will increase in the next ten years too. On the other hand, if you purchase a nice apartment for 40–60 lakh & pay an EMI of 30K with today's lower loan interest rate for a period of 20 years, you will save a huge amount in the long run. Also, it might be possible that in twenty years, the price of your apartment will also increase. So, think about whether you want to invest in it. That is, do you want to pay around 2.5 lakh in rent per year or do you want to own a house that will be an asset to you? Wrapping up, In fact, renting has its own set of benefits, such as flexibility, HRA, & lower monthly costs, among others. But when it comes to apartment ownership, it offers a long-term investment with the potential to create equity & raise the value of your house over time, as well as tax benefits & the option to transform your home into a source of income & integrate yourself into your community. Furthermore, by taking the step of purchasing your own home, you provide greater stability for your family's lives as well as their social lives. Besides, the sense of security & pride that comes with owning a house is unrivalled. And it is better to own your dream apartment through a mortgage, since it'll be all yours after a few years & you won't have to pay for it. But a rental house will always be for rent & you'll be paying for it for as long as you live there. Hence, it's quite obvious which option is the greatest. So, don't get caught up in the buying vs. renting debate any longer! Buy your dream home with Varma Homes, one of the leading builders in Kerala, offering apartments in Kochi, Tripunithura, Thiruvananthapuram, Thrissur and Kozhikode with top-notch amenities.Read More
Kochi, the commercial capital of Kerala, is one among the fastest growing cities in the country. There has been a constant boom in the real estate industry of Kochi, especially the residential property sector that has been aided by the entry of all inclusive apartments and residential enclaves. If you are looking for the best real estate investment option, especially apartments in Kochi, Varma Homes offers you an excellent opportunity. Varma Regent is a compact apartment project in Edappally with 1,2 and 3 bedroom apartments designed for a lifestyle of comfort and convenience. Varma Regent At A Glance • 1, 2 & 3 BHK Compact Apartments • 40 unit urbane homes • 862 sq.ft to 1357 sq.ft • Handover in 2017 December • No pre-EMI till handing over Favorable Features of Edappally Kochi Metro: Kochi Metro is a promising corridor for the growth of real estate in Kochi. The 25-km long stretch metro rail between Aluva and Petta is in the final phase now. The first phase up to Palarivattom will be ready for commissioning by the end of March. Changampuzha Park Metro Station is just 2 km away from Varma Regent. Edappally & Palarivattom Flyovers: Before the commencement of flyovers no other place in the city which had this much of traffic passing through it, other than Edappally. However, the four-lane flyovers in Edappally and Palarivattom have cleared the traffic bottlenecks in these areas. Social Infrastructure: Edappally enjoys a well-developed social infrastructure with many schools, hospitals malls and shopping centres in the vicinity. Some big malls including Lulu Mall - Indias Largest Shopping Mall is just 2 km to the Varma Regent. Amrita Institute of Medical Science, KIMS hospital, Renai & Aster Medicity are just a few km to this project. Connectivity: Edappally Junction is the meeting point for NH 47 and NH 17. It manages to connect the city to most of its components, either directly or as an alternative route. The IT core of Kakkanad and the Infopark also connect with the rest of the world through Edappally. All these factors make Edappally a prime investment option in Kochi for both, investors and end-users. Experts assert that now would be the right time to invest. Register Your Interest Now !Read More
Integrated townships or townships are housing projects that are well-resourced with social infrastructure & additional amenities to stretch an elite living experience to residents. Today, a township project comprises more than just buildings with basic amenities. They mirror a miniature replica of the core city outside the main city with educational, medical, entertainment, and commercial hubs that exist either inside or close to the township project. Indeed, in a lively city like Kochi, the demand for townships was guaranteed to upsurge over time. As the population increased, earnings heightened and daily commute problems shot, the necessity for townships improved too. Let’s look at some of the benefits that make township living much more desirable for the home buyers of Kerala. · Supreme Living Experience With the best combo of modern architecture & designs, all residential apartments or villas in a township project provide you with whole exceptionality regarding amenities & space. The futuristic thinking & careful planning of these projects will help to offer the supreme standard of living of the dwellers. Unlike conventional homes, township projects come with dedicated amenities with the goal that the occupants appreciate convenient & hassle-free living. · All Amenities Under One Roof As referenced above, townships are intended to go about as one-stop solutions for all the present needs of residents. There are numerous community recreational areas like sports fields, multipurpose courts, parks, clubhouses, swimming pools, and shopping edifices that cheer good health and lead to close bonding among the populace. Besides, townships also comprise shops catering to all your everyday vital needs and may have facilities like medical centres & ATMs. So, one can fully live with the best of amenities to get a healthy and cosy lifestyle. · Easy Accessibility Some of these township projects are also built nearer to software parks or big industrial estates. So, this notion is a hit, especially in Kochi where travel time has reduced drastically. Likewise, you will find schools within this township or in the near vicinity which save up on time daily. Hence, living in one such township, you will relish easy access to the vital modes of all essential needs. · Pioneering Security Measures Ensuring a higher level of security of the inhabitants is one of the key benefits of township projects. They include a provision for CCTV cameras, alarms, security guards, video surveillance systems & monitoring at all times of the day & other hi-tech security measures, which means residents are more protected than living in an independent house. · Better Returns When contrasted with a conventional home, a villa or apartment in a township project will offer better returns in terms of investment perspective. Most importantly, you need to make a lower capital expenditure on getting it. Also, as these villas or apartments acquire greater cost appreciation, you can procure exceptional yields on investment. Also, it is simpler to lease such properties and the rental payment is higher than that of an independent villa. · Sustainable Living Integration of eco-friendly measures is yet another major distinctive factor among integrated townships and conventional residences. Township projects are usually focussed on lessening the growing stress over nature on eco-friendly development practices & integrated townships boast of rainwater harvesting, sewage treatment plants, solar power lighting among other green features, which in turn minimize the carbon footprint of city living. Buying a home in a township project offers high-end infrastructure and amenities nestled away from the hustle outside but on par with smart cities. They offer a fantastic living experience & a better lifestyle with all the facilities in the vicinity like no other. Moreover, living there you won’t need to spend more money on maintenance and repair. So, one can simply relish the perks of top-notch facilities with a township project. Looking for a Living Township Project in Kochi? Here comes your solution, Bougain Heights by Varma Homes - the leading real estate builder in Kerala. Bougain Heights is one such integrated township project spread across 10.60 acres with 2 apartment towers and villa projects, guaranteeing that you are always in a space of complete happiness. It is located in the temple city, Chottanikara, Kochi & has a lot to offer as a residential zone. Skirted by lush landscapes & peaceful environs, yet a few minutes from the city. It has excellent connectivity in which it has good proximity to all major transportation hubs, educational institutions, malls, famous Chottanikara temple, Karingachira Church, smart city, Infopark, hospitals & so on. With a broad array of global standard amenities with, supreme-quality sports provisions, majestic clubhouses, swimming pool, fully automatic lifts, landscaped gardens, community spaces, children’s play area, rooftop party area, recreation space, sewage treatment plant, 24 hours security, power & water supply facility, and much more, it offers a lifetime of exceptional living. So, one can enjoy the full benefits of a happy township living with Bougain Heights.Read More
The demand for purchasing apartments among Indian millennials has improved compared with pre-pandemic stages. Millennials are those referring to the generation born between 1980 & 2000 are fast entering their prime spending years. Growing up in an age of quick change, they have a set of priorities & expectations that are completely different from those of the older generations. That is, they don't want cars & houses but just need fun & convenience. But now they start seriously thinking about owning a home with the best facilities around. So, it has been countersigned that even the current populace is getting ahead putting their hard-earned investment into a home since the lifestyle patterns are relied upon to change significantly after the pandemic stage ends. This rising demand is in part being driven by millennials expecting reduced mobility in the forthcoming as work from home culture takes hold, along with an increasing sentiment swing towards savings and asset making post-pandemic. So definitely, the pandemic has made them realise the significance of owning a home instead of leasing one. Owning a home has consistently been a crucial portion of the investment plan, and under new typical rules, purchasers are seeing a value proposition for investing in the realty market. Read on to find out reasons that pulled millennials to invest in real estate. Opted for Owning Rather Than Lease for Getting A Lifetime of Comfort When you spend for a property you don’t own & you don’t create equity. Eventually, your money is raising your landlord’s assets and future, not your own. Owning a home is a clever way to build lifelong wealth. Although purchasing a house can be costly initially, if you factor in the expenses connected with renting, owning your own home will truly end up cheaper in the long run. As well, now the outbreak of Covid-19 has insisted on the value of a safe & the reliable home that creates a lifetime of comfort. Usually, the 25-40 age group, who did not give much preference to purchasing a home because it provided them with the flexibleness to shift jobs and hop cities, is now more than ever serious of having a physical asset. The reason more millennials are interested in investing in property for self-use is that it is now much more affordable to purchase a house and deals are accessible in the market. Historic Home Loan Rates Now the home loan charges are at historic lows, the calibrated resume to the economy of India sees a flood of enquiries from the potential homegrown as well as NRI home buyers. Taxation profits on repayment of home loans add to the dealings being too good to resist. Falling interest rates attract less interest earned on bank fixed deposits in comparison to the rental profits earned in real estate investment and besides enjoy the profits of capital appreciation. Returning NRI’s Real estate will be assured for both end-users and investors in the post-pandemic world. Millennials living in rental houses have understood the worth of being in their own apartments while NRIs encountering challenging times in their present domiciles are staring at constructing a house when they return in India. The size of the NRI investor market is now large in the affordable and mid-segment housing section. The falling rate of the rupee & the present situation increases NRIs interest in buying residential property in their hometown. Work from Home Impact Recently there witnessed a substantial rush in the number of young people looking to purchase a home for end-use during the pandemic as mortgage rates are low & work-from-home is a new reality. The necessity for additional or extra space for home offices is on the rise, with the necessity for more well-planned designs. The importance of business centres, common amenities, and more open spaces will be an integral part of the new demand criteria in the post-COVID-19 world. Summing-up, Due to this pandemic real estate is witnessing a tremendous change in consumer behaviour. Owning a house is now seen as a priority in the context of safe & secure investment. This will steer intensified demand for homes, as the economy sees a calibrated resume. If you are looking for a right builder to start your investment, then here is your right choice, Varma Homes, the best builder in Kerala. We have our best top-notch quality apartments in major cities of God's own country like Kochi, Trivandrum & Thrissur. Check out our unparalleled apartments, we are certain that you will be mesmerized. Invest your dream home with us, once you invest, you will have a long-term asset that will have value at any time. Take a browse through our website for more information on our ongoing apartment projects.Read More