Whether if you are an expert property investor or a first-time homebuyer, the purchasing decision process for a property involves both time and energy. And when your desired location is in one of the booming real estate markets like Kochi Metropolitan area centred around the city of Kochi, then even more time and energy is required.
Kochi’s real estate market is very active nowadays and with its price fluctuating, one need to conduct a thorough research on the ideal locations, metro connectivity, traffic volume, infrastructural development and the changing market trends; when purchasing a property in Kochi. During the research, one will get to know the importance of a convenient location very clearly.
Indeed, the above mentioned factors play a vital role in the property purchasing process in the metro city. So before you actually settle down on one property, interact with the best real estate developers and validate the various other factors.
Paying an adequate attention to these factors, while purchasing a property can make your living easy in Kochi and if ignored, these can become the reason for your inconveniences and losses. And shortlisting the properties at strategic locations can also offer best returns, if you are someone who prefer investing in.
If we discuss more specifically about the most developing areas of the Kochi city i.e. Edappally and Thripunithura, and if the locations are chosen wisely for new luxury apartments, it will prove advantageous in many ways.
If you have chosen the location according to your investment plans which is just for a shorter period of time, then it is highly advised to purchase a property located in a developed area or an area which is in its development phase.
But if the investment plan is for a longer period of time, then there is absolutely no harm in opting for residential projects in Kochi as the locations are likely to develop at a faster pace in the near future.
For those who have a joint family and are planning to purchase a property for their own personal use, then they are greatly recommended to seek for a location which can cater to everyone’s need.
Those who live with young children can select a location which is neighbouring to renowned schools or other educational institutions, famous amusement parks and popular shopping malls in Kochi.
And if your family consists of old parents, then choosing a location which is proximate to well-known hospitals, 24 hours pharmacy, temples, etc. will be a nice option. For the working class family members, the use of metro can save both your time and money when commuting to work.
Varma Maalika and Varma Regent of Varma Homes, the most reputed builders in Kochi are the ready to move flats in Cochin accessibly erected in the most developing and prime residential areas of Kochi city. Both these carefully built apartments have already received an overwhelming response from the public.
The 2 & 3 BHK luxury apartments of Varma Maalika in Thripunithura, exactly positioned at S.N. Junction is close to almost everything. This ready to occupy apartment is just 200 meters from Metro Station. The place is connected to temples, shopping malls, schools like Bhavans, Choice & Chinmaya and connectivity to mini bypass & the seaport - airport road.
Varma Regent’s luxury flats in Edappally is adjacent to all the prominent healthcare centres, hangout spots and other major commercial developments. Apart from the nearness to Lulu Mall, its easy access to Metro Station is an additional benefit of Varma Regent.
Kochi, the Queen of Arabian Sea, is the spotlight of many developments, especially it is hub spot of real estate market. The well-equipped social infrastructure, the multitude of eateries, entertainment, technology and cosmopolitan culture makes Kochi as the more vibrant cities in God’s own country, Kerala. Often referred to as the economic capital of Kerala, Kochi offers great opportunities for investment. Numerous builders and real estate companies have chosen to set up their residential projects in diverse areas of Kochi. This has also opened up countless choices for people who are looking to purchase apartments in Kochi. Many factors drive the real estate market of Kochi forward. #1 Varying living Lifestyle The life at Cochin City gives away the best lively living lifestyle with all the needs at the doorstep. One can enjoy the pluses of the God’s own country filled with the modern lifestyle that this fast-growing city has to offer. It offers significant infrastructural facilities to its citizens. Be it educational institutions, healthcare facilities, retail outlets, shopping malls, modes of transport, or recreation centres, the Kochi provides you access to only the best for a supreme lifestyle. Lulu International Shopping Mall, the largest shopping mall in Asia built in 17 acres with 2.5 million square feet is located at Kochi. It is the one-stop destination for shopping, fun and entertainment for Kochiates. These developments add up the aesthetic value of Kochi and increase investment in the city. #2 IT Boom The tremendous growth in the IT sector along with the government initiatives made Kochi as one of the best technological hotspots in India. Infopark and Smart City revolutionizes the job market in Kerala, which give a huge push to the IT industry in Kochi. Due to the availability of affordable and skilled labour, it becomes the key options for corporate who looks to expand their business in South India. Booming micro-markets in suburban areas like Chottanikara, Tripunithura Edapally, Palarivattom, Elamakkkara etc. are developing at a fast pace. This will open up different opportunities in investment and business, especially for youngsters. So it is now a platform for migrants who looking to start their career in IT industry together with a blend of rich heritage, modernization and culture. The cost of living and operational expenditure of Kochi is comparatively much lower than other metropolitan cities. Therefore it becomes the first investment choice for techies and real estate investors. #3 Excellent Connectivity Kochi has a well-connected transport system that runs through road, rail, air and water. Kochi’s backwater system offers inter-city connectivity and acts as a cheap mode of transportation for natives. The launch of Kochi Metro rail has also added to make accessibility an essential feature of the city. Kochi metro brings a revolutionary change to public transport. It also turned out to be a major boom in the real estate sector. Now also the recent stretch of Kochi Metro to the new five stations like Ernakulam South, Kadavanthra, Elamkulam, Vytilla and Thaikoodam escalated the growth of this city. #4 Tourism hotspot Kochi fascinates around 10 lakh foreign travellers per year which donate huge to the total revenue produced. Kochi is the city of historic value along with being a favourite destination for green lands, watercourses and beach. The steady upsurge in demand for hospitality allied real estate holdings like resorts and hotels owing to sustainable tourism growth which also leads to the real estate boom in Kochi. #5 Property Appreciation Because of the upcoming developments in the city, property appreciation is high in Kochi which acts as an incentive for investors with a long term vision. There avail number of choices for investment in realty market such as apartments in Kochi, flats in Kochi, villas in Kochi etc. Due to the high demands, the resale value of the property is always greater than invested. Are you one among those many planning to own an apartment in Kochi city? Well, think no more and choose Varma Homes, one of the leading builders in Kerala offering best residential projects strategically situated at key locations of Kochi to ensure matchless living experience. Be ready to experience a new level of happiness by living in the house of Varma Homes, here is your list: VARMA MAALIKA I, TRIPUNITHURA (Completed ahead of Schedule) Luxurious apartment project having 12 residential apartment units of 2BHK & 3BHK with G + 4 floors with premium quality amenities. VARMA PADIPURA, TRIPUNITHURA (Ongoing) Luxurious apartment project having 32 residential apartment units of 2BHK & 3BHK with B + G + 11 floors with premium quality amenities. VARMA KOTTARAM, TRIPUNITHURA (Completed ahead of Schedule) Luxurious apartment project 24 residential apartment units of 2BHK & 3BHK with G + 4 floors with premium quality amenities. VARMA MAALIKA II, TRIPUNITHURA (Ongoing Nearing completion) Luxurious apartment project having 8 residential apartment units of 2BHK & 3BHK with G +4 floors with premium quality amenities. BOUGAIN HEIGHTS PURPLE, CHOTTANIKKARA, KOCHI (Ongoing) Compact apartment projects having 44 residential apartment units 2 BHK &3 BHK with B+G+8 floors with premium quality amenities. Choose from our array of villas, flats and apartments in the heart of the city as we give you more reasons to own one at Kochi. To know more - https://www.varmahomes.com/
Read MoreThe 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 MoreInvest 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 MoreEver dreamt of owning an apartment tucked away from the tumults of the city and also has the perfect blend of serenity and accessibility. If you're keen on scenery and have always visualized a life where you get up with the morning sun with the chirping of birds and live your day in an exceedingly peaceful lush foliage and a soothing breeze caressing your face then Bougain Heights by Varma Homes is the ideal location for those looking for apartments or villas in Kochi. It is located in the most tranquil living environ of Chottanikara. Spread across 10.60 acres, with two apartment towers and bungalows, guaranteeing that you are always in a space of complete joy. It is a serenely elegant 2 BHK & 3 BHK luxurious apartment project set amidst the green meadows with lush woodlands. It has a lot to offer as a residential area. The zone is blessed with its strategic location that makes Chottanikara the heart of Kochi. Flanked by lush landscapes and serene environs, yet a few minutes from the city, Chottanikara is a perfect place to have a home in Kochi. Given below are the few advantages of owning Bougain Heights as your resident choice. Connect With Nature There is nothing in the world that is more comforting and peaceful than getting back to nature. Stays on the beautiful pitch in the heart of the city are always demanding one. Set amidst lush greens with amazing views all around, Bougain Heights is a true green paradise amongst apartments in Kochi. After all, the environment influences your mood, so it is best to be in a place where you have the least stress. 100 Marks in Connectivity An apartment or villa located at the centre of the city enjoys seamless connectivity to all major transportation hubs like railway station, metro rail, airport, bus stand, etc. Also, easy access to other hotspots in the city are the prior things that the buyers search before purchasing their dream apartment. Bougain Heights has excellent connectivity in which it has proximity to, educational institutions, hospitals, malls, famous Chottanikara temple, Karingachira Church, smart city and Infopark. On top, it gives the inhabitants easy access to all the necessary necessities and urban cosiness of the city. So enjoy the full benefits of a joyful living with the life of Bougain Heights. Top-Notch Amenities & Accessibilities at Varma Bougain Heights Bougain Heights is furnished with all the modern amenities including Fully Automatic Lifts, Children’s play area, swimming pool, Intercom facility, Fire Fighting System, Rooftop party area, Terrace garden, Clubhouse/Fitness centre ,Recreation space, Provision for 24 hours power and water supply facility, Provision for 24 hours security, Water filter, Surveillance camera, Sewage treatment plant, Caretaker room, breath-taking surroundings with stunning picturesque view of nature. All together Bougain Heights is simply the luxury behind comfortable living, soothing nature and beyond values. Walk in and feel a cut above, the instant you step in. Being the top builders in Kochi, Varma Homes is the first choice for residential projects. We strive to make sure that you and your family experience a comfortable and opportune lifestyle. We invite you to realize an upper quality of apartment living bound with top in class facilities and services. Yet another good news of Varma homes is that they are soon presenting you Bougain Heights – Purple, the milestone of standard luxury living with the charm of nature enriched environs in Kochi. It is a 100-villa project at the same location of Bougain Heights with state of the art facilities spread across 8.5 acres of lands. Move into this luxury apartment and villas, and take your lifestyle to new heights of exquisite prudence.
Read MoreVarma homes have just started the piling process of our very new project Varma's Spectrum in Poochatty. Everyone has heard about the term - Piling from the construction industry. Being a committed builder who has been in the construction industry for more than a decade, team Varma is committed to provide you with information from the industry which is extremely essential for customers to do a quality check of the construction. What is Piling ? It’s much known fact that the foundation of any building need to be strong enough to bear the load which can be vertical as well as horizontal in the events of earthquakes, heavy winds and hydrostatic pressure. Things should be done with foresightedness where to avoid any damage or calamity to the buildings, foundation should be done considering diverse conditions. The texture of the soil and waterlogging nature can also become factors to create a strong foundation. A strong piling is required in such cases, where long structures made of steel, concrete or reinforced steel are driven deep into the soil which ensures an even distribution of building loads over a big surface area. It is much essential for residential building to ensure strength in areas where soil is loose, that is basically in river banks, sea shore and dried up water bodies. For commercial properties its highly recommended as the load will be higher and also in cases where soil is weak. Advantages of piling There are many advantages for the entire building construction if a strong piling is done. The piles can be created in any size or length which reduces the construction time which is done with much planning and reduces less supervision when compared to shallow foundations. Effective use of piling in building construction ensures that building can take more loads than regular foundations. Types of piling • End bearing piles• Friction Piles• Direct Mud Circulation Piles• Rotary Piles• Sand piles A structural engineer of a building is the one who decides if there should be a pile foundation for your building. In most of the cases, its done for apartment projects and the type of piling solely depends on the number of floors and amenities in the same. A soil test is done to check the nature of soil including water content, salinity and corrosiveness which would determine the capacity of the soil. Varma Homes ensures the best quality and enforces reliability in every projects that we do and ensure the best construction principles in all our sites.
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