Buying a home is a major decision in one’s life. And there are obviously a lot of things to be considered, other than the financial constraints involved in it. A huge sequence of myths must be debunked that are not true before you actually think of purchasing a home, which will ultimately demotivates you completely.
The home buyers are bound to be clouded by the following most common myths:
Both financially and emotionally, home-buying can be a tough job as it is very important to buy a home that cater all your needs and wants. But it is not compulsory to look for a house that will fulfil all the things in your dream home wish list.
A few tiny changes like changing the wall paint colour or adding an extra storage space can be done so as to transform the new house into your dream home, no matter whether you buy villas or new apartments in Kochi.
These are the basic remedies to resolve the trivial issues that arise after you purchase a house. A home buyer must consider the crucial aspects of a house like the location, its price, space, design, architecture, amenities, etc. well before he actually purchases it.
Some say it’s better to purchase a house and some say it’s cheaper to rent a house. The renting vs. purchasing has been a never ending debate. This decision completely depends upon the various requirements of the home buyers.
If you are planning to make an investment, then buying a home is always the best option. But if you are planning to settle in for a shorter period of time, then renting a house is a better option than buying.
Thus, owning a home is an investment, while renting is merely a living expense.
Similar to renting vs. purchasing; owning plot vs. buying flat has also been a never ending debate. The decision on whether you should purchase a plot of land or buy an apartment/villa absolutely depends upon one’s personal preferences.
It’s up to you, whether if you prefer to buy a piece of land as a real estate investment and plan to set up your dream house there in the near future or purchase apartments in Kochi.
Buying or investing in anything is indeed a risky business. No investment is 100% risk free; whether if it is gold, market shares, mutual funds, bank deposits or real estate.
The fact is that every type of investment has its own pros and cons. A clever home buyer will scrutinize the pros of buying a home and work a way around the cons.
But if you are planning to purchase a house from the reputed and reliable builders in Cochin, then you can be guaranteed of making the right real estate investment decision.
By now, you would have known about the most common home-buying myths. It’s high time that you debunk all the above mentioned myths and then go ahead with your plan of purchasing your dream home. Varma Homes wishes you a Happy Home-Buying!!! ???
If you are someone looking for ready to move flats in Cochin, Varma Homes has got a wide range of luxury apartments in the various prime locations of Kochi.
The most dependable and trustworthy builders in Kochi, Varma Homes’ prestigious project of Varma Maalika in Tripunithura is to be inaugurated on 25th of February just after the inauguration of Varma Regent at Edappally that had recently held on 28th of January. (Hurry up, only a few units left!)
Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the ongoing residential projects. And many other residential apartment projects in the major cities of Kerala including Kochi, Thrissur and Trivandrum are in the pipeline.
The real estate investments in the city of Trivandrum are sure to take an upward shift in the days to come. Being the state capital and the second largest city in the state, Trivandrum is home to a huge number of State and Central Government organizations. The job openings at Technopark are attracting a great number of IT professionals to reside in the city, and thereby giving the city’s real estate market a major uplift. The Vizhinjam harbour project will also act as a game changer in the real estate industry, once when the work gets commenced. The Kerala Government has also proposed a plan to develop a metro rail system in Trivandrum which is proposed to name as “Trivandrum Light Metro”. It is going to be one of the major developments in the city, enhancing the real estate industry and economic growth. All the major real estate developers and home builders now have a strong presence in the city of Trivandrum with quite a good number of residential projects in the pipeline. When there is a rapid upward shift in the demand curve of residential apartments and flat projects in and around the city of Trivandrum, this is just the perfect opportunity to invest in one of them. Make sure that you take a wise real estate investment decision with the reputed builders in Trivandrum who guarantee timely delivery, exceptional construction quality and an impeccable lifestyle with all the luxury amenities possible. Varma Homes is such a trusted builders who have got a luxury flat project in one of the prime residential areas in Trivandrum. Varma Dr. Pai's Heritage at Poojappura, the new luxury apartment project from Varma Homes is named after one of Trivandrum's most gifted and respected sons, Dr. KN Pai. The super luxury apartments in Trivandrum are handcrafted with opulent amenities as it is one of the prestigious projects of Varma Homes. The present generation is changing their overall outlook and the graph shows a progress in the apartment style of living. The benefits on home loans and other innovative house financing schemes is encouraging more and more people to buy their own dream homes. With the increased developments in the major cities like Kochi, Trissur and Trivandrum, now is the best and the right time to make an investment in real estate.Read More
Summers are here and so is the vacation mode. It has often been said that summer is the right time to buy a house. To find out a home that you have always visualized is a herculean chore. Either the Vastu design or the location, or budget will be disagreeable. As owning a home is a lifelong asset, do not take the decision to buy your dream home in quickly. You have to spend some time and effort into this. For this, summer is the best time, the time where most of the people are on-off work mode. Let us check out the reasons why summer is the perfect time to buy your dream home. 1. Higher Inventory The sale of homes is usually in the peak mode of summer periods. It is the most time for residents to be on the move and for patrons to take the full advantage of the flow of inventory on the niche market. The main advantage for you is that you can get numerous choices to decide from, permitting you to possess the chance to be flexible to searching out an excellent deal instead of having to settle. 2. Get Enough Time to Decide Which the Best One Is The Real Estate market is now booming rapidly, which is why being a buyer you should consider timing as the factor when deciding whether to purchase your dream home or not. When you are looking for a new home, you get a plethora of options to choose from the best of your desires. If you are on the busy mode then you will not get the time to shortlist the best one from the list of choices. Therefore, it is unfortunate and annoying to be pressured into having to purchase a home that fits your criteria. Whereas during the summers, it is the time of holidays and the people are usually off work, giving higher chances for you to find a great deal by checking all the criteria and the neighbourhood details of the localities. 3. School is OUT If you are thinking to buy a home in this hotter season, take your kids along as they are probably out of schools. This gives you an option to have a walkthrough of your dream home with your kids and consider their perspectives. It will be good for both you and kids as they can often-spotting things that you do not. 4. Prices Drop Summer might be the busy home-buying time and you could find out the great deal. That is most of the sellers are willing to bid some incentives during the summer as they feel like they need to cut a transaction before pulling the listings before fall and winter. 5. Get To Know the Lay of the Land It is a little bit easier to do detective work on your new homes wish list and its surroundings during summer time. As the weather is nice and the days are longer, you will get the time to take research about your new property, to know the community and also to take the pulse of the neighbourhood. 6. Low Mortgage Rates Mortgage rates are often lower during the summer. There are various market factors that go into interest rates. Surprisingly, summer is the time of the year when banks come out with the most interesting loan schemes. It will help you to save your money for the long term, so it recommended that buy your home now before rates move higher. In a nutshell, summer provides a greater opportunity with many people who are looking to buy their dream home. if you are on a search of the right builder for buying your dream apartments or home in the prime locations of Kerala, then here is your choice, Varma Homes, the most dependable and trustworthy home builders. We come to you with an assortment of luxury apartments and flats of alluring design that is both reasonable and proximity to the city. So, as the weather heats up; with Varma Homes you can find hot deals and can transform your dream into reality.Read More
Kerala, the southern state of India, is known for its beautiful landscapes, serene backwaters, and unique culture. However, in recent years, the state has also become a hotbed for real estate investment. With its fast-growing economy, excellent infrastructure, and increasing demand for housing, Kerala has emerged as the perfect place to buy a flat right now. In this blog, we will explore the various reasons why investing in a flat in Kerala is a wise decision. High-Quality Construction:Kerala is home to some of the finest builders and construction companies in India. They use the latest technology and materials to ensure that their projects are of the highest quality. From foundation to finishing, every aspect of construction is carefully planned and executed. This ensures that the flats are strong, durable, and require minimal maintenance. Affordable Prices:Compared to other metro cities in India, Kerala offers affordable real estate options. The cost of living in Kerala is lower than other major cities like Mumbai, Delhi, and Bangalore, which means that you can get more for your money. The cost of flats in Kerala is also relatively lower than other metropolitan areas, making it an ideal destination for investment. High Rental Yield:Due to the increasing demand for housing in Kerala, there is a high rental yield on properties. The state's economy is growing at a steady pace, and as a result, the demand for housing is also increasing. This means that if you invest in a flat in Kerala, you can earn a high rental yield, making it an attractive option for investors. Growing Economy:Kerala has a rapidly growing economy, driven by industries such as tourism, IT, and healthcare. The state has a well-developed infrastructure, including an extensive road network, airports, and ports. This makes it an ideal destination for businesses looking to expand their operations. As a result, there is an increasing demand for housing in the state, making it an ideal investment destination. Tourist Destination:Kerala is a popular tourist destination, known for its beaches, backwaters, and hill stations. As a result, there is a high demand for short-term rental properties in the state. Investing in a flat in a popular tourist destination like Kerala can help you earn significant returns on your investment. Safety and Security:Kerala is one of the safest states in India, with a low crime rate. The state also has a robust police force, ensuring that law and order are maintained. This makes it an ideal place to buy a flat, as you can be assured of the safety and security of your investment. Quality of Life:Kerala is known for its high quality of life, with a focus on education, healthcare, and social welfare. The state has a well-developed education system, with some of the best schools and colleges in India. The healthcare system in Kerala is also well-developed, with some of the best hospitals in the country. This makes it an ideal place to live, work, and invest. Kerala is the perfect place to buy a flat right now. With its high-quality construction, affordable prices, high rental yield, growing economy, tourist destination, safety and security, and quality of life, investing in a flat in Kerala is a wise decision. So, if you're looking to invest in real estate, Kerala is definitely worth considering. We, at Varma Homes, have always believed in Constructing Happiness for our customers who believe in investing safely in happy homes for generations to come. We have maintained our exceptional quality and high standards over the years and this includes choosing vendors and partners who are equally responsible so that our customers have only the best.Read More
In the city of most up-to-the-minute events, Kochi, you can earn a bit more if you make the right investment. If you have just moved to Kochi, this is a great way to learn why Kochi stands to be the best city to settle or invest in.Lots of pre-launch, upcoming and ongoing Flats in Kochi for Sale in Suburbs will be constructed to fulfil the desire of the customers who would like to live in an ultra-modern city and get all types of facilities in the tier II city like Kochi. Real Estate Kochi is incorporated in the first position when compared to the other metro cities in Asia and it is not just working with residential projects but also putting hands in commercial projects of IT Sectors, trendsetting shopping malls, business houses which are situated across the entire city.You always do not need to own a fortune to make more money as such silent, passive income sources will fetch your earnings even while you work elsewhere. If you are ready to think about investing and selling flats in Kochi, scroll over!High-Quality Building StructuresIf you are looking for a new flat, you will first look at the strength and credibility of the builder you invest in, right? Now, in the case of quality and premium flats in Kochi for sale, they are bound by strict quality measures of construction quality. Unlike the big metropolitan cities, where everything goes through stringent procedures before the flats are delivered to the customers. Owing to the climatic differences, the builders make it a point to bring in solutions that will solve the stress of flat owners at any point in time. Since the focus is on investment, quality builders make sure to build a lifelong promise of strong structures in Kochi.Legal WorkBy buying or selling a flat in Kochi, you can be assured of getting all the right papers in your ownership. This is because as per the rules, builders pay the necessary taxes and all other dues. This ensures that more than half of the background study for your investment for a flat in Kochi is done right. If the flat owner is in the custody of the right documentation, then you can also pursue a smooth sale. If you do not have the proper papers, which would lead to unnecessary complications like sibling fights, or flat inheritance. In Kochi, the people are pretty sure to get everything in print and that helps you to cross-check the details.Passive IncomeThink about your retirement plan. We all need a source of passive income. For example, the spacious flats in Kochi are a great source of attraction for those who love to sell out homes to foreigners. Over the years, since the living costs are rising, selling the flats is a viable option and then again making a buy soon. This allows investors to keep the money rolling and the investment will grow your bank balance too. Note that there have been many retired professionals who have come back from the UK, USA, and even Africa and they have been able to enjoy their retirement life in Kochi with this glorious sale of their flats. So, if you are earning an income now, you should try to save up and invest in one or two flats that are affordable to the people.Wonders of Nature & ClimateKochi is known to be a place where the climate is just awesome. This is one of the reasons why a lot of eco-friendly tourists gather in Kerala every year. Kochi is the first point from The International Cochin airport where tourists can get down and connect with the most iconic hill stations in South India. A great climate is one of the major factors that keep people coming back for a permanent settlement. Also Read: What are the common mistakes to avoid while investing in real estateScope for GrowthNext time you opt to search for flats in Kochi for sale, you must understand that this is a great decision in your capacity. Kochi is a city that is growing fat, expanding in terms of business and development. Today, this is one of the most preferred spaces for start-ups and that means there is a fabulous amount of inflow and outflow of money. So, if businesses are to start, the owners or rather the founders would love to invest in a permanent living flat rather than rentals every day.So, this is your golden chance to sell your flat and build your secured source of income. We don't say that you should stop there. You can always reinvest and buy new premium flats in Kochi for a quick sale. Price of Property in Kochi is appreciated very quickly and the Real-estate Kochi is nearly as good together with the high rises of huge cities around the globe named Shanghai, Singapore, The big apple, Moscow and London. Return of investment is profitable here.Read More
The most important factor to consider when investing in real estate is the return on investment. A property isn't a good investment if it doesn't guarantee a good return. Purchasing a property provides numerous benefits, including emotional fulfilment, assurance of future residence, and long-term financial benefits. In fact, it’s a symbol of financial stability for the majority of Keralites. With improved infrastructure and a higher standard of living, the state has seen a significant increase in real estate construction over the last decade. However, purchasing a home is a significant financial investment that necessitates careful planning and consideration of other factors. The location, construction costs, real estate value of the home, and space all play a role in determining a house's value. In the long run, a spacious apartment with good amenities will be a good investment. As a result, picking the right apartment to invest in is critical. In this blog, we'll look at the viability and return on investment of various aspects of residential real estate to help you make an informed decision. Location & Connectivity Obviously, the location covers more than just owning a house; it also includes the infrastructure in & around the area. If you pick the right location for your home, the value of your investment is sure to gradually rise. A good apartment project must be well-connected to the city and have a good neighborhood with amenities such as schools, hospitals, supermarkets, workplaces, medical facilities, grocery stores, public transportation, and so on. Great connectivity will be the most important factor in property appreciation, especially if the apartment is being rented or sold. So choosing the right location is critical for those who buy an apartment to maximize the return on their investment. Value-Added Facilities & Amenities The Kerala apartment’s modern amenities and facilities aid in getting the best return on investment when it comes time to sell. Today's developers provide a wide range of conveniences for homebuyers to fit their lifestyle, right from facilities and amenities like a clubhouse, swimming pool, CCTV, power back-up, children's play area, etc. These are just a few of the common features that bring value to apartment living. The ROI is determined by how well these amenities are maintained over time. Even so, due to their lower prices, even projects without such amenities can find buyers. However, when shortlisting properties for purchase, make sure that the final choice provides a decent lifestyle rather than just an investment asset. Quality of Homes Due to the abundance of demand in the new corridors of cities experiencing a massive increase, purchasers have a variety of options, as market conditions favour end-users. A home, like a car, is expected to perform a few critical functions, such as shelter, safety, convenience, a luxurious lifestyle, and so on. Buyers must consider these factors, and those that provide these benefits are in higher demand for obvious reasons. Without a doubt, branded builders provide these conveniences and attributes of living as a standard offering due to their market reputation, and such homes are in higher demand with better prospects. When buying a home, keep in mind that a comfortable home with plenty of interior space and luxury amenities in a desirable location will provide better long-term returns on investment. For property investors, homes in good locations, built by reputable developers with a good load of amenities and facilities, will always produce greater investment returns as well as potential rental income. If you are someone who would like a home with excellent amenities, a good neighborhood, connectivity along with excellent ROI, then Varma Homes has everything that you need. Varma homes, one of the top builders in Kerala, has a wide range of apartment designs, sizes, and price brackets to choose from. We offer an array of different amenities and features that will surely meet your needs and exceed your expectations. As well, we can ensure that you get the best apartment for your budget in the most convenient locations in Kerala. Varma Homes can provide you with an excellent living experience and add value to your property portfolio. So, if you are looking for a new apartment in Kochi, Trivandrum or Thrissur, please get in touch right now! We will be happy to help. We are also planning to launch our projects in Calicut soon.Read More