FIND THESE CHECKLIST BEFORE BUY AN APARTMENT
Investing in a new housing property is one of the most crucial financial decisions we take as we incline to invest a large sum amount in one go. So there are certain things to pay attention before buying a flat to minimize your risk. To simplify things, here we have listed a few important things that everyone must cross check before buying your dream apartment or flat.
Builder Credibility-Simply being in business for a long time is not enough; the builder should have earned customers trust and goodwill. Keeping promises on quality, delivery and amenities to customers is essential. You also need to check whether their offers are credible; some builders create too-good-to-be-true promises to draw customers, but they pull out later. There have been many such incidents everywhere where we’ve seen high rises falling as the builder used improper matter while constructing the house. To ensure you and your family safety, research well regarding the builder and the best method is to look for past projects of the builder.
Legal Check of Property- Check whether the building has required authorization from the concerned authorities. Double check the builder have approvals and NOC from the electricity board, water supply, sewage boards, Panchayat/Municipal, Corporation etc.
Ownership - There avail the number of apartments, and you can find flats of all price range. No matter whether you are looking for a 1BHK /2BHK/ 3BHK flat, you can easily discover the best choices. However, it is essential to comment that many people purchase under-construction flats just for investment targets. So, if you are looking for resale flats, you must guarantee the flat has the right ownership and has surpassed all the legal documents of the property.
Litigation Free Land- Before you invest in the housing property, you want to confirm the land isn't concerned in any sort of legal dispute, as the property dealers or real estate brokers may try and hide such problem. So before finalising your deal make a background check of the land.
Floor Plan- Before buying any flat, floor plan is a very significant consideration. It is vital to be aware of the flat space and the common share percentage, air passage, adequate ventilation, proper placements of the fixtures, directions and dimensions etc.
Check The Carpet Area- You need to check the actual carpet space of the flat before you book one instead of the super built-up area. Usually, the super built-up area comprises the lobby, the staircase, elevator space, the thickness of the walls and others. Though, carpet area is the actual space within the walls of the flat.
Government Permitted Land- The construction plan of a building is sanctioned by the authority only if the land come under the category of the ‘build-able’ class. So as to confirm the builder has obtained the required permission from the govt., you want to ask the owner of the flat to show the sanctioned papers. In this manner, you'll be able to keep one's hands off from the illegal properties.
Property Taxes-Before investing your hard earned cash, you need to pay attention to property taxes. It’s important to confirm the builder has paid all the required taxes associated with the property upon which the flat has been made.
Additional Charges-Numerous costs that go into making the total cost of a flat starting from parking space charges to club membership costs. In addition to basic cost, car parking, caretaker charges, public utilities such as sewage treatment and wastewater management can also cost more than the base price. So, inquire about these kinds of additional charges before paying the booking amount to avoid surprises later.
Before you purchase a flat, you must query whether the building property is legally trouble-free or not. Buying a house is one among the huge steps in your life, it might be your years of saving and years of planning cannot be drop at the right moment when you make the final decision. Therefore, you are required to reminisce each of these points before you fix the deal. You don't need to worry about these things when you approach Varma Homes for your dream purchase of the apartments in Kochi, Thrissur & Trivandrum. As we know that buying an apartment may the biggest purchase of your life. So we strictly follow all the legal formalities and deliver all our projects on time or ahead of schedule for all our buyers.
Being the top builder in Kerala, our credibility, top-notch quality and value we preserve in our services are stealing the heart of many people. We know our customers invest their in-depth faith and trust to us along with their hard-earned cash. Which is why we consistently put our customers first in our quality delivery strategy of our residential projects and leave no stone unturned to bring them exceptional living in our happy homes.
Looking to purchase a dream home for the first time? We know that there are hundreds of questions that pop up as soon as the decision is made. Owning a home is the dream for people, but to convert it into reality needs more hard work, diligence and lots of financial commitment. For all such first time buyers who are searching to purchase that dream home must have an in-depth understanding of the processes involved and should be more careful. Here are some of the most important tips to keep in mind for first time home buyers. · Pay Heed to the Locality Based on your daily schedule, job location, the necessity for good schools for your kids, mode of transportation; you should select a home in the right area. Also, you can opt for a location with a hospital in the region where you can go immediately in case of any medical emergencies. Consider all these factors very sensibly when buying an apartment. When picking the location, also give a thought to the neighbourhood with a fair mix of commercial centres, offers good living conditions. Subject to your likings, you may want a home in a quiet neighbourhood or with a shopping market or schools nearby. Anyways for first-time buyer research the location of the property that you wish to buy. · Cross-Check Builders Credentials & Make the Right Verdict It is very significant to identify all the information about the property which you are planned for purchasing. Likewise, you should also aware of the builder who you are considered to buy the property from. Make sure builders must have well-reputation in the industry. This can be collected by reviewing their profiles. So research the credibility of your builder, reviewing their historical records, amenities list, previous client satisfaction forms, know their after-sales customer handling services, project delivery, promptness, customer satisfaction, reliability, quality and so on. You can also visit their previous sites to confirm the building qualities and client support. · Consider Your Financing Options & Secure Financing It’s essential to know and concern about your present financial state. While you decide to buy your apartment think about the price what the builder is stating you, whether you can afford it or not. It is preferred to talk with finance companies could either work well or go wrong. Also, it’s good to select a housing loan that comes with the lesser interest rate, a longer span in return payment, convenient EMI options, timely sanctions, disbursals, etc. Taking a home loan not only benefits you fund your dream home, but you also get tax benefits on interest payments and principal repayments. · Verify Legal Matters Once you make an appointment for visiting the site of your short-listed project, make sure the builder grant you all government-approved documents of the property. The title deed is one of the most major factors when you are about to buy an apartment. Since it is something you cannot leave it for the future but priorities first. Make sure the builder gives you all the documents containing ownership transfer, NOC’s, clearance, water permits, occupancy certificates and lot more. As a home buyer, you have to take effort to know about the required documents and approvals of your apartment which will help you to live peacefully. · Give Thought to Amenities Based on the sort of home that you want to purchase, whether it's an apartment or a villa or a whole house with multiple floors, you'll get to confirm that the amenities and facilities that you are looking for or have always wanted, are available therein property. Usually, the good builder will offer amenities like gyms, spas, swimming pools, clubhouses, parking lots etc. Though, the cost of those amenities has got to be borne by the inhabitants. You ought to carefully weigh the necessity for these amenities and whether or not they fit in with your particular lifestyle. Ready to Get Started? Buying your dream home from a reputed builder helps you to gauge the construction quality. Moreover, a reputed realtor is known to adhere to the provisions of the housing acts for sustainable brand recognition. Here you can refer Varma Homes, the top builders in Kerala followed by all rules and regulations of the real estate industry where you can find out various convenient projects in various locations of Kerala. Along with state-of-the-art amenities and facilities, the homebuyers also get peace of mind and safety while investing in their dream home with Varma Homes. So don’t mess with the rest, trust Varma Homes- Building up great things with superior quality, great value & honest service!Read More
According to legend, Keralans can be found all over the world. The cause of this was the fact that Kerala lacked enough employment options for many highly educated people. Due to this, many moved to Arab and European countries to start their careers. In India, people moved in greater numbers to cities like Delhi, Kolkata, Mumbai, and others.With improved employment prospects and financial prosperity in Kerala, particularly in major towns like Kochi, things have changed somewhat in recent years. People began to return to Kerala as a result, settling in various cities all around the state. Due to its transformation into Kerala's industrial and information technology centre, Kochi was the main focus of the majority of those individuals. People who have chosen to relocate to Kochi believe that apartments and flats there are preferable than traditional homes.The development of the industrial sector increased Kochi's potential as the greatest location for residential projects like flats and apartments. In Kochi, there are several luxury flats and apartments that are ready to move into. In the next few years, Kochi is expected to add roughly 100,000 new residential units.Real estate investments in Kochi are promising because significant projects like Smart City and InfoPark in Kakkanad are anticipated to generate a significant portion of the city's employment in the near future. And as a result, there is an increasing daily demand for Kochi apartments for sale. That is what motivates builders in Kochi to launch brand-new luxury apartment developments all throughout the city.The sky-high real estate prices in upscale areas of Kochi encourage people to search for flats or apartments in the city. The level of comfort offered by ready to move-in luxury apartments in Kochi exceeds expectations, which encourages people to choose them without hesitation. The guaranteed profits that flats in a city like Kochi offer are another key draw. Even if you don't intend to move into the Kochi flat you purchased, you may always choose to rent it out and make some extra money.Apartment complexes with nearby amenities like businesses and schools are in high demand. The best places to choose an apartment are those with superior amenities. Recent improvements in transportation, including new highways and the Kochi Metro, make Kochi an easy destination to connect to, which makes more and more locations appealing for habitation.Varma Homes offer flats in Kochi with the most contemporary design style and architecture. We have been giving flats in Kochi and have a huge happy client base. On-time fulfilment and delivery of projects are some of our strong points. Our flats in Kochi use the most advanced technology, including contemporary design while keeping the highest standards in quality.Read More
Finally, it’s time to live in the new residential project of Varma Homes in Kochi conveniently located at Ponekkara, Edappally with a total number of 40 exclusive apartments. On January 28, 2018 Honourable MLA Shri. Hibi Eden attended and hosted the project inauguration ceremony of Varma Regent, the immaculately designed compact apartments at Edappally. Varma Homes has already made a footmark in the real estate industry within a very short span of time soon after their establishment. And now with the inauguration of Varma Regent, Varma Homes has got a strong and firm root in the real estate market of Cochin. Varma Regent, being the budget-friendly apartment project of Varma Homes, it has already received an overwhelming response from the public. These carefully built apartments are accessibly erected in one of the prime residential areas in Edappally, Kochi. Varma Regent positioned at Ponekkara is a G + 4 tower apartment with 10 units per floor in 40 cents comprising of 1, 2 and 3 BHK flats ranging between area of 553 sq.ft to 1357sq.ft with all the modern amenities and quality construction. The amenities include Fully Automatic Lifts, Intercom Facility, Fire Fighting System, Children’s Play Area, Rooftop Party Area, Terrace Garden, Recreation Space, Fitness Centre, Provision for 24 Hours Security, Provision for 24 Hours Power and Water Supply Facility, Sewage Treatment Plant, Water Filter, etc. Apart from the proximity to Lulu Mall, its easy access to Metro Station is an added advantage of Varma Regent. It is also nearby to all the prominent healthcare centres, famous educational institutions, popular hangout spots and other major commercial developments. Varma Regent is an affordable apartment project from Varma Homes designed for a lifestyle of comfort and convenience. The new apartments in Edappally offer a choice of 1, 2 and 3 bedroom flats and an array of thoughtfully chosen amenities to enjoy commutable city living. Varma Homes is one of the most reputed builders in Kochi who values customer happiness above all. 'Constructing Happiness' was inspired by our firm belief in delivering homes that are affordable to all. Varma Maalika in Tripunithura is the very next project ready for inauguration. Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the other ongoing residential projects of Varma Homes. Many residential apartment projects from Varma Homes will be launching very soon in major cities of Kerala including Kochi, Thrissur and Trivandrum. On booking Varma Homes you can avail Pradhan Mantri Awas Yojana (PMAY) to save upto 2.67 Lakhs(*Terms and conditions apply) and an additional 4% GST deduction will also be available. If you would like to get more information about any of the projects please visit the website www.varmahomes.com. To make a booking enquiry please use the form in the website or telephone +91 9645 88 33 33 and we will get back to you as soon as possible.Read More
In earlier times, most families lived in large mansions as joint families, where all family members shared a single roof. They all work together, eat together, worship together, & cooperate in some way. This also aids the family's physical, emotional, & financial well-being, as well as teaches the children about society's values and customs from their elders & grandparents. Meanwhile, urbanization & westernization have influenced the essential structure of the family. Today, the majority of the populace live in smaller houses, which are insufficient for children to move around and play. This shift in outlook on lifestyle and housing has a large effect on the younger generation. Now, we can see that most children are dependent on indoor activities such as watching TV, playing with smartphones, computer games, & so on. Many studies have found that these addictions not only affect the physical growth of children but also their mental growth. However, when living in a good residential apartment, one can raise their children without any hurdles. Many perks of apartments have changed families' eyes away from smaller houses & pushed them toward reaping the healthy and wealthy living style of residential apartments. So, here are the relevant reasons why raising children in an apartment is a good choice for parents.Access to Myriad AmenitiesApartments have access to all the modern amenities needed to enjoy a relaxed and comfortable lifestyle for all, especially for kids, and hence, they are popular among families because of the comfort they provide. To provide a well-rounded learning experience, children require ample play and activities beyond their studies. This is why you'll discover a myriad of activities centered on children in most apartment complexes. Children have access to a play area, a hobby center, sports gear, a pool, a library, and many more modern comforts to keep them busy. As a result, you don't have to take the kid around town every time he or she gets bored or wants to try something new. The apartment complex itself has a lot of exciting choices for your kids.Easy To Supervise Children When young children are not under parental supervision, they frequently cause headaches for their parents. However, there is good news: this problem has been handled by apartment dwellers. Keeping an eye on children has become a thousand times easier owing to the adequate surroundings within an apartment. As they're generally within sight and arm's reach, parents can keep an eye on them. This might be a good relief, especially for toddlers who need constant attention all the time.Helping Children to Become Social ButterfliesProbably the best benefit of bringing kids up in an apartment is the accessibility of close companions. This assists guardians with discovering kids their own age or across age-gatherings & makes them independent & emotionally strong characters. Making new friends can help children improve their social skills, which boosts their self-esteem and gives them the confidence to succeed in everyday life. As grown-ups, this skill will definitely be useful for them to grow on professional & personal fronts.Reliable Safety Measures For the safety of its residents, almost every well-established residential apartment developer employs security officers. An apartment complex undergoes a comprehensive check on a regular basis to guarantee that no outsider poses a threat to any of the children. The children's play areas are also managed to ensure that your children have a good time. Traffic is always prohibited on the inner premises of apartment complexes, limiting the occurrence of mishandling. Also, the services of a well-trained safety faculty are always available, which is enough to detect any signs of a threat.Close Proximity to Prime LocationsThis is unquestionably a vital factor to consider while searching for a new apartment. Challenging long trips to school is a major problem, as it isn't only dangerous, but burdensome for kids as well. Almost every apartment is in a location with decent access to the rest of the neighborhood. So you need to look for an apartment that is in close proximity to kindergartens and other educational institutions. Fast accessibility to schools will guarantee a problem-free routine for you & your kids. Another significant factor is the hospital facilities situated close to the apartment. Kids will often fall sick & will need emergency care if there are injuries. So, an apartment is the best choice to go with providing essential access to kids.Wrapping It UpAll the reasons described above support the fact that living in a residential apartment benefits your children's character development. So, you should focus on providing exceptional accommodation for your children. Most significantly, because your child will be spending most of his or her time at home, you need to cherry pick the best apartment project for your child out of a large number of options. Accordingly, if you’re looking for the best apartment to nurture your children in a safe and comfortable environment, then don’t hesitate to contact the finest apartment builders in Kerala, like Varma Homes. Being the trusted name for crafting top-notch apartments in Kerala with the promise of luxury & convenience at an affordable price, we have today become Kerala's top residential project brand. We have apartments which are well decorated & furnished with facilities like power back-up, water storage facilities, security features, kids' play area, swimming pool, recreational facilities, & much more. Well, buying an apartment includes these and more utilities, whereas buying an independent house necessitates extra effort in introducing these services. Moreover, your children might get more facilities & safety measures in an apartment. One can relax without any safety fears when night-sleeping, which is more useful & more effective when there are kids and seniors in the apartment. Browse our website for further details about all our residential apartment projects and get ready to select the best of them according to your needs.Read More
Kerala's financial capital city, Kochi is always growing, especially in the real estate field. People choose Kochi as a future home investment only because of the city's excellent facilities such as road and rail connectivity, Metro, etc. Kochi is a leading tourist destination too.The best investment in Kochi is for apartments. Homebuyers are high in rate, as the major IT Hubs are situated in Kochi. People look for easy and convenient daily commutes, hence they opt for apartments or flats. Kochi's real estate market is highly paid and attractive.All potential drivers such as IT development for employment generation, Metro rail for intra-city connectivity, the Smart City tag for basic infrastructure, port-based development for industry and commercial growth, airport terminal for international connectivity and foreign investment and tourism for the hospitality industry are emphasized in Kochi.This will ultimately boost demand for housing and make it one of the next highly-preferred real estate destinations in India. Inclusion in the top 20 Smart Cities:The Ministry of Urban Development, Government of India identified the top 20 candidates under the Smart City mission initiative through a competitive selection process. E-Governance and water management are focus areas as part of pan-city solutions which will help Kochi to access improved and planned infrastructure with assured water and power supply, sanitation and solid waste management, efficient urban mobility and public transport, IT connectivity, etc.Kakanad-Tripunithura-Central City, which is selected as the area for development, will witness intense development in the coming years. Numerous developers are trying to acquire land for real estate development in and around this area. The 'Smart City' tag is expected to boost prices exponentially.New international airport terminal to cater to growing demand:The new international terminal has a very positive economic impact and uplift the real estate market in the whole region. The catchment will witness the development of new retail and commercial spaces along with a good supply of residential and hospitality developments to cater to the increasing demand.The increased international connectivity will also pave the way for global companies and cargo-based businesses to deploy and expand operations nearby. The completion of the international terminal, along with an operational metro, will significantly boost the city's real estate market - and the catchment itself is expected to witness a 15-20% rise in property prices.Venue for one of two submarine cable landings in India:Kochi is one of the venues for 'SEA-ME-WE-3' (South-East Asia - Middle East - Western Europe 3) and 'SAFE' submarine cable landings and is the second Indian location along with Mumbai to have two submarine cable landings. This fact highlights Kochi as an important destination for IT-enabled services. Presently, the Government of Kochi is keen on developing IT/ITeS, as the entire Kerala state is promoting this sector heavily.The major thrust on IT/ITeS development will eventually boost real estate development in the city, as it creates demand for residential properties, Grade A office spaces and retail developments.Ample employment opportunities:The swelling number of businesses in the city has presented residents with increased employment options. The Kakkanad technological cluster and the Cochin Special Economic Zone (CSEZ) have become appealing locations for enterprises and businesses seeking to establish their base in India. The proximity of well-developed transport infrastructure and a large population of potential customers and partners has made the city attractive for businesses seeking to expand or start-up. The presence of large foreign corporations in the city has provided a good platform for the growth of the local employment sector.Continued tourism growth:Kochi receives millions of tourists annually, which is crucial in adding significant value to the city's earnings. It has historical pertinence and is a popular attraction for its coastline, lush countryside, and watersheds. Kochi is also visited annually by domestic tourists for cultural celebrations and festivals. The city's aspiration to become a prominent vacation spot provides a pathway for the skyrocketing demand for the hospitality industry and its ancillary sectors. Furthermore, the proximity of large international airports and the growing popularity of cruise tourism make the city an attractive destination for international visitors.In short, Kochi - which was earlier struggling to recover from an oversupply scenario - will see a massive revival due to the creation of demand from these initiatives. Sustainable growth in real estate prices is now assured in the city, and this has incited new interest from numerous real estate developers from all over India who are keen to launch residential, commercial and hospitality projects there.Varma Homes offer flats in Kochi with the most contemporary design style and architecture. We have been giving flats in Kochi and have a huge happy client base. On-time fulfilment and delivery of projects are some of our strong points. Our flats in Kochi use the most advanced technology, including contemporary design while keeping the highest standards in quality.Read More