If you are thinking of buying a home this festive season, it’s high time that you make your move. Christmas is an ideal time to buy properties. At the end-of-year, the vendors get to the point where they just want to sell. That's indeed a good news for potential home buyers, as it will be very easy to negotiate the prices for new homes.
Contrary to popular belief, go against the trend and house hunt when the others aren't looking, as people are mostly on holidays - that's in the month of December and January. Lesser people looking for new home means lesser competition, which equals greater flexibility in negotiations and also a better chance for securing a bargain.
The festive season can also be the optimal time to sell. Most buyers plan to move into their new homes before the New Year begins. Buyers looking for properties during the holidays are usually serious about purchasing and this could lead to a quick sale.
Holidays will possibly increase settlement times and also agreement conditions. It’s another great advantage of buying new homes at this time of year, as the settlement will often be in January or February.
If you're looking for an area that has an increased holiday population, the competition among the buyers may increase. And this could lead to offers that are higher than the home seekers’ original seeking price. However, demand can vary from area to area. The outer cities and more urban areas are most preferred by the residents.
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Varma Homes, the best builders in Cochin offering new luxury flats, budget-friendly apartments and residential projects in Ernakulam, Thrissur and Trivandrum always bring the best for you. If you are looking forward to buy flats in Tripunithura, then contact us today. Call +91 9645 88 33 33 for more details.
Now we can see a trend that a person’s most wealth portion is usually invested in the real estate market. This is because of its size and scale in the niche market, which gives more lucrative and attractive offers to investors. Hence, the real estate market is up surging day by day. Various factors affect to decide property costs. Read this article to get a fair idea about the factors that affect the real estate price. Demand and Supply As we know that demand and supply are the two economic forces that determine prices. That is, high demand with low supplies denotes high prices and the low demand with high supply denotes low prices. This means when the availability of properties decreases the costing of the current properties increases. Alongside a growth in the number of occupants possessing a specific area, the popularity of an area regarding individuals longing for living there, likewise drives its cost. Fiscal Growth A purchase is reliant upon the income of an Individual. When one has higher fiscal growth, rising salary, he has the choice to spend his income more on his houses; this will build demand and drive rates. The demand for a property buyer is reliant on flexible salary & hike in wages whereas the downturn denotes the falling livelihoods of a person who can’t able to buy and who loses their job may fall behind on their home loan instalments and end up with their home reclaimed. Customer Trust When it comes to making real estate investment, confidence in the real estate laws of the land is a significant factor. After the RERA implementation, the real estate laws supported the advantages of purchasers and made firm provisions against developers & agencies attempting to mislead the client in any manner. This improved the real estate properties sales across India. Infrastructural Development While searching for purchasing an apartment in Kochi, Trivandrum, Thrissur or anywhere else, a homebuyer must pay key attention to the infrastructure of that specific area. A region that has a rationally great infrastructure has seemingly greater chances of being picked by a buyer and the property price additionally shoots up. Accessibilities like accessible roads, proximity to hospitals, shopping complexes, schools, workplaces, metro rail underway, etc. all these factors considerably tend to help raise property prices. Customization The real estate worth gets higher in the case of builders undertaking customization of residential apartments based on the client’s prerequisites. For example, a few buyers may desire to have big the balcony attached to their bedrooms, or other distinct alterations. Home Loan Charges Present Home loan rates can likewise remarkably affect property costs. At the point when the interest rate for housing loans are high, it lessens the demands for a property since it makes borrowers hesitant to go through additional cash over the high-interest charge. Also, when there are lower interest rates for loans, then the demand of real estate increases. So, before finalising on the property purchase choices, every single buyer should examine these drivers to get a sensible evaluation of the apartment that interests them. As various factors influence the real estate price rise and all these must be paid attention to while setting funds in purchasing an apartment. Careful examination and research are essential for better returns, profitable investment and painless liquidity. You can also contact us; Varma Homes, one of the best builders in Kerala to know about our upcoming residential project prices. Being the most reliable builders in Kerala, we have various ongoing residential projects in the prime regions of Kochi, Thrissur and Trivandrum. We always focus on all our clients’ desires, needs and safety while investing in their dream home with Varma Homes. So, don’t mess with the rest, trust Varma Homes- Simply Unique, Simply Better & Living to Design Safer Homes!Read More
Have you dreamt of an apartment located on the outskirts of the city and gives you access to sound educational institutions and other significant landmarks in the area? Then Varma Homes, compact apartment Bougain Heights in Chottanikara offers you the same locality benefits and ensures all the superior amenities in terms of both quality and coziness. Varma Homes, the trustable builder has always endeavored to deliver apartments with something very special and unique designs. All our projects aim to bring you an unparalleled grand staying experience with our luxurious amenities and offerings. So, If you are planning to buy an apartment tucked away from the busyness of the city and positioned in the most tranquil living environ of Chottanikara then there awaits you Bougain Heights! It is a 2 BHK & 3 BHK compact apartment with all the modern amenities including Health club, Fully Automatic Lifts - 2nos., Children's Play Area, Intercom Facility, Terrace Garden, Landscaped Yard, Rooftop Party Area, Recreation Space, Association Mini Hall, Rain Water Harvesting and breath-taking surroundings with spectacular scenic view of nature. So let’s check out the top 5 reasons that make Bougain Heights as the smart choice for home buyers. 1. Nature on Your Doorstep People dream of owning an apartment amidst lush greens with incredible views all around. Being surrounded by nature’s landscapes is not only enjoyable but also can decrease stress and increase positive well-being. Bougain Heights is located in a peaceful atmosphere provides you with all the charm, gentle and serene life close to nature coupled with the comforts and cosines of modern living. 2. Excellent Accessibility Bougain Heights opens up an extensive possibility for living a peaceful, comfortable and convenient life. Here getting around is never a hassle. While it offers you, the privacy of a quiet home tucked away in a cozy place in Chottanikara but connecting you both to the city and the quickly developing suburbs. It has a balanced in connectivity to industrial areas and the city, alike. It offers easy access to all major transportation hubs like railway station, metro rail, airport, bus stand, etc. The proximity to schools, colleges, supermarkets, and above everything else, and the strong tranquillity will surely be the prime boon of living in this serene apartment. 3. Residential Township Bougain Heights is the ideal for those looking apartments in Kochi away from the hustle and bustle of the city. Spread across 10.60 acres, with 3 apartment towers and bungalows, guaranteeing that you are always in a space of complete happiness. It is a 2 BHK & 3 BHK luxurious apartment project set among the green meadows with lush woodlands. It is uniquely crafted apartments with sophistication, superiority and has a lot to offer as a residential zone. 4. Earnest Promise & Timely Delivery Varma Homes provides quality apartments with superlative designs to the discerning home seekers. We believe in going beyond the concepts of normal construction and offer excellent features, specifications, and amenities with long-term quality that come together to create a premium luxury apartment. With a constant reputation in ethical practices and timely delivery, we offer apartments in the most premium locations in Kerala like Trivandrum, Thrissur, and Kochi. 5. Investment Galore –A Lifetime Investment Bougain Heights is simply a budget-friendly compact home with comfortable living, serene nature and an investment worth a lifetime. When you buy this apartment, it is quite affordable and has big returns. So you can expect good returns in the future because of its close vicinity to what noble lifestyle demands. So investing in Bougain Heights is the guaranteed future returns. Now there avail special offer for Bougain Heights, you can start purchasing with a starting price of just 36 lakhs only, the offer is limited (31/12/2019). So hurry up, invest your interests with us, and get a lifelong investment!Read More
With the government's new initiatives in the real estate sector, buyers have a plethora of apartment choices. However, owning a piece of land still has an unrivalled prestige value. So, when it comes time to relocate or invest for a more secure financial future, many of us are caught between two options. Here we compiled this helpful list that will help you choose wisely!Investment FactorOne of the primary disparities between a plot & an apartment is that you'll have to live in your very own house right from the moment you acquire an apartment & you'll save a lot of money on your rent. Whereas a plot allows you to create your own customized home, until then you won't be allowed to live there & you'll have to pay rent even if you invest in the plot. Also, when you buy an apartment, you can use it as an investment vehicle as you rent it to someone, but in the case of a plot, it won't be possible. So, compared to plots, an apartment is a smarter investment choice.The Hassle AspectAn apartment is actually a comprehensive package for standard living; you can select one that would be ready to move into where it contains all the things that an apartment life demands. Hence, you won't be worried about any further headaches or strain. A plot that you wish to build on is just land & you have to build it from scratch & you'll now have to deal with the troubles & groundwork of building the structure, obtaining legal permission, & ultimately upgrading it with lifestyle elements to keep it livable.Financial AssistanceFinding financial help for the purchase of a plot is more difficult than for the purchase of an apartment, since financial companies are hesitant to lend money for the purchase of a plot. So, as a result, there are limited alternatives for purchasing landed property, as banks often do not provide financing for the purchase of a land/plot, but it is effortless to get a bank mortgage for the purchase of an apartment.Compliance AspectIn general, the plot is considerably more likely to get entangled in legal complications & litigation. So, when you purchase a plot, conduct thorough research on any conflicts, & ensure to keep an eye on it till you build your home on it. As in India, several issues are raised regularly relating to illegal land capture. Although these concerns are much reduced when purchasing an apartment when the buyer is protected by RERA & he or she has the right to go for a petition for compensating & remedial action, if the builder didn’t guarantee their promises. Accordingly, as a precautionary step, today's builders will exceed expectations to guarantee that all legal & financial requirements are met.Return on InvestmentA plot can be acquired for the intent of constructing a new structure to get profit, or it could be utilized for other reasons. If you plan to acquire an apartment, only do so upon assessing the growth prospects of a specific neighbourhood. Your apartment's ROI will be higher depending on where it is located. Because of the increased movement of workers from other cities, an apartment in a desirable location will always have greater rental yields, providing you with a monthly second income & assisting you in being financially secure.Tax TreatmentThe tax treatment of plots & apartments differs. As in the case of an apartment, first-time homeowners are eligible for specific tax breaks. The tax deduction for interest on plots is allowed only in the year where construction is finished. Interest accumulated during project construction can be reclaimed as a deduction across 5 years in equal payments beginning with the year the work is finished, resulting in a delay in tax advantages. Holding a plot as an investment is not tax-deductible, but you can request a deduction for the interest given. Conversely, if the plot remains barren, it might not be eligible for a tax break.Value AppreciationThe plot has comparatively better value appreciation than an apartment. This is mostly due to the scarcity of plots on the market. The value of a property is determined by its location & proximity to major infrastructure developments. However, the land market is a cobweb, so when you buy, you must be vigilant. So the safest choice for individual investors is to buy apartments; keep it simple & get your 20 or 25% appreciation because the land is all about where you want to be on the risk-reward spectrum. Also, make sure to select an apartment from a reliable builder with a good location & surrounding infrastructure to increase the value of it.Scope of ResaleApartments are easier to sell as there is always a huge demand. Furthermore, apartments provide a variety of facilities as well as security features. The attraction of plots is that the owner owns the land & can create a new house to optimize returns. But when you plan to sell it, it may not be fundamentally enticing to a possible buyer market. He/she may then either invest more in repairing it or entirely demolish it to create a new one. This might have a reasonable impact on the price of the house. However, in the case of apartments, such an issue does not exist as they’re available with a fixed structure (part of the structure) &, thus, more convenient to sell at the value without extensive negotiations.After considering your wants, financial status, & commitments, take the best alternative. Having a plot implies that you should be careful with some choices. However, the benefits for apartments may be far greater than for plots. Because everything is already in place, you may begin earning profits on the first day. It is critical to seek apartment properties in affluent locations and, of course, from a reliable builder, so that you'd have a good chance of making a regular return. If you are looking for your dream apartment in the heart of Kochi, Thrissur, Thiruvananthapuram or even in Kozhikode, then do visit Varma Homes, one of the top ranking and most trusted builders in Kerala. We strive to enhance top-notch quality construction materials to create apartments that will stand the test of time. With us, you shall not be disappointed! You will get the guarantee of quality residential options that provide not just great living spaces but also a lot of happiness.Read More
Living in a big city has a lot of great advantages that are difficult to overlook. And for apartment residents, living in the city's center is the most popular alternative, since it provides the finest of metropolitan experiences. With the city's bustling nightlife, endless shopping options, and picturesque scenery, it's no surprise that living in the center of town can be pretty great. Here are some of the key benefits of living in a charming, contemporary high-rise apartment located in the heart of one of Kerala's greatest cities. Mass ConnectivityA flat or apartment in the city's center has direct access to all the main transportation hubs, such as the train station, bus stop, metro rail, airport, and so on. Another benefit is the easy accessibility to different regions of the city.Close to AmenitiesStaying close to the city's core also means being close to all of the city's essential amenities. The alleys in the city center should preferably have a blend of shops, retail malls, restaurants, salons, urban open spaces, & amusement centers, as well as educational and healthcare institutions. Those residing in nearby areas have the opportunity to see and admire the city lights long after it becomes dark, since shops in the city center remain open until late at night.The Better Choice for Social Activities Living in the city increases your odds of connecting with people, providing you with several possibilities to socialize. You can broaden your personal & professional networks by connecting with a group of people, whether they are college friends, neighbors, or coworkers. Meeting people from other regions of the world or with different life experiences is not only energizing but also helps you get a deeper understanding of the world.Close to WorkThe city's centre will be quite near the core business center, which will house the majority of the city's offices and employment zones. This means that houses in the city centre will be closer to work, making commuting easier.Varied Entertainment OptionsWhen you move to a metro region, you'll find lots of places to get out and thingsgo out to do for leisure & fun. Right from movies to sports facilities and gleaming shopping malls, etc. So, if you're looking for cultural and entertainment enrichment, relocating near the city center appears to be an excellent choice.Get the Best Medical Care FacilitiesIn comparison to major cities, remote towns lack the facilities and resources required for proper medical treatment. They also have to travel vast distances to visit a doctor to receive medical treatment. In contrast, medical options are typically more available in the city center. There are various walk-in clinics, physicians, & pharmacies spread all across the city, and many of the best hospitals are accessible only in metropolitan areas. Would you like to be part of having an apartment in the heart of one of the most popular cities in Kerala? We at Varma Homes, the leading real estate builder in Kerala, have assorted ongoing apartments in the center of the prime spot in Kerala. Are you looking for a vibrant, urban environment where everything is at your fingertips? Varma Homes has it all. Varma apartments offer homes that are a perfect blend of everything futuristic, including location, community, technology, & top-of-the-line amenities. We're committed to providing you with the opulent & convenient apartment living experience you've always desired. So if you’re searching for your dream home, browse through the stunning projects of Varma Homes.Read More
Residential property investment is a big decision and is not an easy task. The processes are daunting but when we do it in the right manner at the right time; it will become the biggest asset in our lifespan. Now the real estate sector has gone through a vast deal of changes to make the home buying process simpler than ever before. If you are waiting for the right time to invest in the realty market, then wait no longer. Now the niche market is seeming a tremendous rise in demand for reasons like sparse area, rise in population, and immigration of individuals from different states and nations. So here are the top reasons why you need to invest in property at the earliest. Time Lets You to Take Risks People who begin investing in properties late in their life are often inherently more alert and careful with the investment decisions and are not ready to take any risks. Those people who are in the age group of the early 30s are ready to take risks and they often earn good gains too. Honestly, all investments are risky and if you put the risk at the right time helps you earn more profits. Consistent Hike in the Price of Properties There is no doubt that real estate is one of the safest investment you can ever make as it is always guaranteed to rise in value over time. For example, studies prove that Metro cities like Kochi & Trivandrum have recorded a substantial growth rate than in the last few years. This indicates that investing in the right property without any much delay would double the value in a few years. Higher EMIs to Pay As You Get Older Young age works in your favour when you are investing in real estate. In this age, you can save enough and also avail loans without much hassle. Here you get to pay a very less EMI on your home loan the younger you are. That is, when you are young, you get more opportunity to invest than in the older age. So, take plus of that fact. After all, you are young only once. Loan Availability When an individual starts investing in their early 30s, the odds for a financial organization to approve a loan is more because she or he would be having a stable source of income for loan payment along with a decent credit score. No Rental Payments Rather than spending too much of amount in giving the rent for your home, you can invest in a real estate and turn to pay the home loan EMI for it. It will be your future investment and it surely aids you more than paying for the rented homes. Support Your Retirement Plans The early age investment increases the chance for financial stability even at a younger age. So think about the savings for retirement from the age of 25s rather than the age of 50s. Life after the retirement is more challenging and complicated than it has ever been, so make proper plans for your retirement now, which in turn lead to a happier life after retirement. If you are finally planning to invest in a home of your own, then visit Varma Homes, the most leading builders in Kerala. Our top-notch quality of construction and superb prime locations make our apartments the best choice for first-time home buyers. So, what are you waiting for? Owning your dream home may not be easy, but it’s definitely worth it when you realize it at the right time. Ping us to know more about our projects or visit: www.varmahomes.comRead More