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Back To Kochi? Enjoy The Apartment Living In Kochi City
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.
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The Apartment Living Lifestyle of Kochiates
Lifestyle in the city of Kochi is rapidly changing because of the urban developments and the increase in income of people. And the changing lifestyle of Kochiates has now increased the price for housing and land. The massive development in realty sector over a decade is being witnessed in Kochi. The sector has shown a huge growth, as the builders in Cochincame up with new projects targeting the salaried sections and high net worth individuals, including NRIs. Also, banks have reduced the interest rates on home loans. And the PMAY (Pradhan Mantri Awas Yojana) scheme has also helped the home seekers to own apartments and save up to 2.67 lakhs. Know more at: https://goo.gl/mk6pKJ Nowadays, there is a huge demand for flats and apartments in Kochi from professionals and businessmen who are moving into the city. Considering the investment and business potential, it is ideal for even those who are not permanent residents of the city to have an apartment or a flat in Kochi. The easy accessibility through road, rail, water and air transportation channels makes Kochi the most preferred city to live in. Now with the latest extension of Kochi Metro, most of the places within the city is easily commutable without getting trapped in the irksome traffic blocks. It is also useful to have a living space in Kochi which is proximate to the state’s best hospitals, shopping malls, business centres, educational institutes and airport. We at Varma Homes embrace the uniqueness of the city and if you are in search of an exceptional living space in Kochi, Varma Homes offers you the finest of it. We have selected peaceful yet easily reachable locations for our new apartments in Kochi. It is sure that our flats in Kochi with luxury amenities cater to the urban style of living. Our residential projects in Kochi are built to bring you all the benefits of Kochi’s latest developments. Varma Homes, the top builders in Kochi always bring you the premium living spaces. Varma Regent, the compact apartments are being built at Edappally. It is one of the new apartment projects in Cochin from the best home builders in Kochi located at Ponekkara. Being on its last phase of completion, Varma Homes guarantees the project accomplishment by the end of December. If you are looking forward to buying affordable apartments in Edappally, pay a visit to Varma Regent’s sample apartments. Regent is the best option for all those who wish to buy apartments in Edappally. Only a few units are left, most of the units are already sold out. For more details, contact us today. Call +91 9645 88 33 33
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Get Your One Crore Worth Asset with a Minimum Investment
One Crore Worth Asset with a Minimum Investment Do you know the profits of investing in real estate? Have you ever thought about your investment option that you get guaranteed future returns? Whether you think about your retirement life with a substantial income? The answer to all these queries is to acquire an investment in the realty market with the full guaranteed appreciation of land property from a top and reputed builder. However, with the right perception, investing can be one among the most lucrative deeds you take part. Real estate investment has proven time and again, that it can serve as a wealth building source for all savvy investors. You can enjoy an exceptional rate of returns, amazing tax benefits and leverage real estate to form your wealth. So an investment in real estate is not only a safe financial investment but also an investment that can withdraw years of fun, happiness and precious memories that will last for a lifetime. Invest With the Right Builder to Get the Guaranteed Future Returns Let’s assume if you shortlisted an apartment for buying. One of the most unique things about investing in real estate is that you can buy it using a small amount of your own money, i.e almost 20% of the total project cost, while borrowing the rest, often 80% with the bank loaned money. It is a proven fact that the worth of real estate investment will rise over time and is a stable way to upsurge wealth over a period. For instance, early investors can avail of special launch offers(discounts) from the builders. And this discount may be for limited bookings and a short period. The real estate projects are developed in different phases and the price also increases in the ongoing phases of the project. So, when someone invest in the pre-launch or new-launch phase, the investor can earn a good profit in a short period in the development of the project. So investing in real estate is the guaranteed future returns. Hence, select your property wisely by hiring the right builder like Varma Homes and get your one crore worth asset with the minimum initial investment. Here we can assure that you never regret your decisions! Though, it is also essential to check the builder’s expertise and track- record before buying an apartment for getting the good resale value of the property in the future. Always pick a builder with a good reputation, who gives primacy for best locations, quality work, financial stability, promptness and above all, there have an active post-sales service crew. Hence, it will guarantee that you get a good future return on your hard-earned cash. Varma homes, #1 Builder in Kerala believe in constructing happiness among people with our extraordinary services. We have completed and ongoing residential projects in the prime localities of metropolitan city Kochi, Trivandrum and Thrissur. If you are planning to purchase an apartment, but worry about the formalities of a home loan for owning it. Then you can stop wasting time worrying, as we have the tie-up with all major banks, and we offer pre-approved loans for all our projects. And so we invite you to join our ever-growing community of satisfied customers, here you can meet unmatched quality with affordable rates and guaranteed future returns. Make your wealth by investing your interests with us and get a lifelong investment!!! Unlock the benefits of real estate over other assets>>> “Investing in Mutual Funds/Shares/Real Estate, Which is better?”
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Good Things About Apartments Living In The Heart Of The City
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.
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How to Save 2.67 Lakhs on Buying Home
Are you someone looking for new apartments or new flats in the metro city? Then this is just the right opportunity for you to purchase any of the under-construction projects progressing within the metro city limits. Under the Pradhan Mantri Awas Yojana (PMAY) scheme, a home loan subsidy interest amount of Rs 2.67 lakhs is provided to the beneficiaries and the amount is credited to their loan account. Thus, the home loan borrower is privileged to lower the EMIs and this lessens the principal amount of loan payable. The Government of India is planning to drop the GST rate for property purchases with an aim to push demand, under the Credit Linked Subsidy Scheme (CLSS) from 12% to 8%. On January 18, the GST Council had extended the GST concessional rate on projects constructed or properties acquired under the CLSS for the economically weaker section (EWS) of lower-income group and middle-income group. The home loan amount and interest subsidy rates are as follows: EWS - Individuals who are earning up to Rs 3 lakhs per annum are eligible for a maximum loan amount of Rs 6 lakhs. Interest subsidy is 6.50% per annum and maximum interest subsidy amount is up to Rs 2.67 lakhs. And the carpet area has no limit. LIG - Individuals who are earning from Rs 3 to 6 lakhs per annum are eligible for a maximum loan amount of Rs 6 lakhs. Interest subsidy is 6.50% per annum and maximum interest subsidy amount is up to Rs 2.67 lakhs. And the carpet area has no limit. MIG-1 - Individuals who are earning from Rs 6 to 12 lakhs per annum are eligible for a maximum loan amount of Rs 9 lakhs. Interest subsidy is 4% per annum and maximum interest subsidy amount is up to Rs 2.35 lakhs. And the maximum carpet area limit is 1291 sq. ft. MIG-2 - Individuals who are earning from Rs 12 to 18 lakhs per annum are eligible for a maximum loan amount of Rs 12 lakhs. Interest subsidy is 3% per annum and maximum interest subsidy amount is up to Rs 2.30 lakhs. And the maximum carpet area limit is 1614 sq. ft. A simple and transparent tax applied on the purchase price is the biggest advantage for property buyers. All under-construction properties will be charged at 8% under the GST regime (excluding stamp duty and registration charges) on property value, adding that it will not apply to ready to move in properties and completed projects, as there are no indirect taxes applicable in the sale of such properties. In case of under-construction properties, levy of stamp duty and registration charges on the buyer will continue. Under the current tax regime, the home builders are subject to central excise duty, VAT and entry taxes (levied by state) on construction material cost. On the services used (labour charges, architect fees, approval charges, legal fees, etc.), developers pay service tax of 15%. Real estate developers also grapple with the challenges of multiple-taxation and the cumulative burden eventually gets passed on to the buyer. As the benefit of input tax credit being considered as an added advantage, developers too will find the GST regime much simpler to work with. A move of bringing real estate under the purview of the new tax regime, would definitely come as a major boost for the real estate investors of the ready-to-move-in properties. As of now, only the buyers of under-construction projects are covered under the new tax regime. On booking Varma Homes, you can avail CLSS scheme under the PMAY on home loans and save upto 2.67 Lakhs (*Terms and conditions apply) and an additional 4% Goods and Services Tax (GST) deduction will also be available. If you are someone looking for new apartments in Kerala and to get more information about any of the projects of Varma Homes, please do visit our website at www.varmahomes.com. And to make a booking enquiry, please use the form on the website or telephone +91 9645 88 33 33 and we will get back to you as soon as possible.
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Top Benefits of Investing and living in Thrissur
Property valueThe property values in Kochi have steadily increased throughout the years. Purchasing a flat in Kochi may bring excellent returns on investment as property values rise over time. Kochi is strategically positioned in southern India and is well-connected to the country's other main cities. This makes it an attractive place for businesses to establish themselves and for people searching for a well-connected house. It features a first-rate infrastructure in terms of transportation, healthcare, education, and other necessities. This makes the city an appealing location to live and work, which boosts property values.Rental incomeKochi is a significant commercial hub that draws a large number of individuals who come to the city for jobs or education. Investing in an apartment in Kochi may produce a consistent rental income, making it a good investment choice. In addition to providing a steady stream of income, the property's returns or rental income will be inflation-adjusted. The rental yield for flats in Kochi is around 4-6%, which is relatively high compared to other cities in India.Lifestyle BenefitsKochi is a lovely city with a rich cultural background, and buying an apartment there gives you access to a variety of lifestyle amenities including parks, retail centers, and recreational facilities. The city also includes a number of parks and green areas that provide a welcome respite from the rush and bustle of metropolitan life. It has a reduced cost of living than other major Indian cities. This makes it an excellent choice for people seeking a pleasant living without breaking their wallets. It offers multiple well-equipped hospitals and healthcare facilities, making it a perfect location for individuals who desire convenient access to quality healthcare. It also has an extensive network of buses and trains, making it simple to get around the city and visit the surrounding areas.Tax benefitsThe local government imposes a property tax on properties in Kochi. Property taxes in Kochi are cheaper than in other major Indian cities. Property owners in Kochi can also get tax breaks on the interest they pay on their house loans. Subject to certain criteria, residents can claim tax breaks on capital gains on the sale of their homes. Kochi has a Special Economic Zone, which provides many tax breaks to enterprises that operate within it. These advantages include tariff and tax exemptions on items imported or exported from the zone.Rich CultureKochi has a plethora of cultural attractions for visitors to explore. This dynamic city has plenty for everyone to explore and admire, from traditional dance and art to historic buildings and delectable cuisine. It is well-known for its exquisite food, which includes a broad range of vegetarian and non-vegetarian meals. Appam, puttu, and fish curry are among the must-try delicacies in Kochi. Here, you get a glimpse of Muziris Biennale, which is the best festival to attend because of its upbeat atmosphere created by artists, musicians, dancers, and cuisine. You would not be startled to hear Hindi or any other language in this city because many people speak Hindi and other languages. Metro exposureThe introduction of the Kochi Metro has transformed the face of Kochi, making it easier to go to most destinations inside the city without getting stuck in a frustrating traffic jam. Kochi's public infrastructure has been updated, and the Kochi Metro has improved the city's brand image. As a result, there has been an increase in demand for homes near metro stations, which has bolstered the real estate industry.Kochi is seeing an increase in demand for luxury apartments, with numerous developers developing high-end developments in the city. This gives an opportunity for individuals wishing to invest in high-end properties with substantial profits. Purchasing flats in Kochi may be a smart investment for people seeking a consistent rental income, capital gain, and a developing market for luxury apartments.
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