Future of Real Estate in Kochi and Thrissur
Future of Real Estate in Kochi and Thrissur
With the increasing number of new apartment projects in Cochin which has already set a backdrop for such a promptly emerging city, there is also a strong sense of an honest pride in the minds of every Kochiates for the captivating infrastructural development by the Kochi Metro Rail Project that gave a complete makeover to the city of Kochi.
The latest news discloses that Metro is to touch Angamaly in the near future. The existing Metro line will be extended from Aluva to Angamaly. And the greater news is that the Kochi Metro service will soon be extended to Thrissur, which is just 50kms away from Angamaly. Kochi and Thrissur could now be easily connected via a metal belt, which will in turn boost the development of both the districts.
The metro connectivity to smaller neighbouring cities will immensely help in their growth and development. Kochi and Thrissur have been closely connected through trade and commerce for several years. And with the Metro Rail service, these twin cities will have greater accessibility to many places including the International Airport that will surely let them to share various growth prospects together.
The better international connectivity will greatly pave way for more global companies and cargo-based businesses to expand operations in the Cochin city and even in Thrissur. The enhanced employment opportunities will create a huge boom in the real estate market, making both Kochi and Thrissur the major real estate hotspots and residential hubs.
With the predictable flood of people that will shift base to Kochi and Thrissur due to the kind of quality lifestyle that both these cities offer, there will be high demand for luxury apartments in Thrissur and apartments in Kochi. The prime residential areas that are going to be swamped by people’s attention are Thripunithura and Edappally in Kochi and Kottappuram and Poochatti in Thrissur.
Since the budding of vast number of 2 bhk flats in Thrissur and flats in Kochi, it’s very much important for you to buy only the ones that live up to your expectations and meet all your needs.
When thinking of buying a new home, it’s always best to go with the builder that you trust the most. One of the most promising builders of today, ‘Varma Homes’ have got some wonderful upcoming and ongoing projects in all the major locations of Kochi and Thrissur.
The new launch in Thrissur - Varma Spectrum, the luxury apartments at Poochatti is one of the most spellbinding creations of Varma Homes that is highly affordable with all the modern amenities possible.
Something else you need to further look at is the compact apartments of Varma Homes in Edappally called Varma Regent, the project handing over ceremony of which is to be held on 15th of January 2018. It is said to be the first project handover of the best builders in Kochi.
With an advantage of being located proximate to famous schools, railway station and other well-known places of worship, Varma Maalika, the luxury apartments in Tripunithura is one of the cleverest choices that you can make while looking for luxury flats in Tripunithura. The project handing over ceremony of Maalika is finalized to be held on 1st of February 2018.
Varma Kottaram, the luxury apartments in Tripunithura is one of the most desirable living spaces offered by Varma Homes for all the home seekers who look for a royal abode combined with elegance and most modern conveniences. It is one of the prestigious ongoing projects of the top builders in Cochin.
The Varma Padipura, luxury apartments of Varma Homes located in Tripunithura is one of the ongoing projects which is crafted to perfection that o?er breathtaking views combined with a lifestyle that is designed for high ?yers.
Ensure to make clever and wise decisions on real estate investments while the time is right in the most preferred cities of Kerala like Kochi, Thrissur and also Trivandrum. (To be continued…)
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Best Choice for the Real Estate Investment in Trivandrum
Are you looking to invest your money for long-term benefits? Then real estate is the best option for you. For anyone fascinated in building prosperity, investing in real estate is one of the best means to do it. It is one of the most reliable forms of investments and using your money for acquiring a property comes with numerous benefits to its credit. That is why real estate investment is the key choice for investors. You can enjoy tax advantages, reasonable returns to build your prosperity. Here are some reasons why real estate is the best option for you as a great investment. ? High Tangible Asset Value There will always be value in your land, and home. Other investments will leave you with very little to no tangible asset value like a stock, which may dip to zero, or a brand new automobile that depreciates over time. However, real estate investments have always been considered as an asset with superior value. ? Provides Excellent Returns than the Stock Market without As Much Volatility Real estate bids you more control of your investment as your property is the tangible asset that you simply leverage to maximize various revenue streams, whereas enjoying capital appreciation. ? Portfolio Diversification Diversification potential of real estate is another reason for investing in real estate. It has a low and in certain cases negative correlation with other chief asset classes. It means that the addition of real estate to a portfolio of diversified assets can lesser portfolio volatility and offer a higher return per unit of risk. Real estate will permanently serve as a safe tangible asset to mitigate the risk in your portfolio. ? Numerous Tax Benefits The tax benefits for the investments in real estate are numerous. It relies on the investors and how they use these investments to the best of their advantage. You’ll be able to get tax deductions on mortgage interest, income from investment properties, operational expenses & prices, insurance, depreciation, property taxes, and many other benefits. These breaks in taxes are truly helpful to people who deal with real estate as their long term business. Real Estate in Trivandrum Being the capital of Kerala, Thiruvananthapuram is standing as one of the most enthralling cities in our nation. It is world famous with its rich cultural heritage making it one of the best tourist destinations in the country. It is no surprise that being one of the major capital cities in India, Trivandrum has shown tremendous growth in the real estate market over the past few years, especially in the apartments and villas sector. With much to offer, Trivandrum is setting new strategies for developing its economy and infrastructure that draws investors even from far away cities to invest in the very safe real estate market. It is expected to boom even further in the coming years. Now the city has also emerged as one of the biggest ever IT hub of India over the years making it a sought after destination by professionals all over the world to come and settle down with their family. While comparing real estate growth in other cities, Trivandrum has been quite steady. Now the demands for residential homes in Trivandrum has reduced as most of the individuals prefer apartments or flats. This is because of the ease of access to all the necessities for a well-being in Trivandrum. Knowing this reality most of the developers have come up with totally different choices from budget to high-end luxury apartments at most cost-effective money plans. Trivandrum is an abode for various government establishments like Technopark, and numerous alternative projects lead to the giant range of population within the town. So the demands for real estate growth and the well-reputed builders increased. Varma Homes being the leading builders in Trivandrum has ensured the path of luxury living for people who looking for apartments in Trivandrum with premium facilities at reasonable prices. Considering the probabilities of future developments, investments in luxury apartments in Trivandrum will be an attractive choice. Step into Your Dream Home & Experience the Real Beauty of Dr. Pai’s Heritage from the House of Varma Homes! Varma Dr. Pai’s Heritage is the unique apartment located at the heart of the city, Poojappura. It is a super luxury apartment with 2 & 3 BHK apartments handcrafted with luxurious amenities. Cherry-pick your dream home from our unique choice of apartment in Trivandrum we deliver beautiful designs with soothing hues of nature, world-class features and spectacular ambience. Dr. Pai’s Heritage is close to all major social infrastructures like hospitals, reputable schools, colleges, railway, airport, metro rail etc. bequeathing upon you an unparalleled quality of life. We assure that we give you the best apartment that symbolizes premium quality. We have our premium quality apartments in major cities of God's own country apart from Trivandrum like Kochi and Thrissur. Come and check out our incomparable apartment in Trivandrum, we are sure that you will be spellbound. Now it is the right time to make an investment in real estate and to realize your dream home with us!
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How Is Parenting In Apartment Complexes Good For Them
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.
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Planning to Buy an Apartment in Kerala, Time to Start Saving Now!
If you are thinking to buy an apartment sooner or later in your life, begin saving at the earliest. The longer you try to save up for your deposit, the costlier your house is going to be. So it’s significant to start planning as early as possible. Here are some tips to keep in mind ahead of buying your first apartment to get the best deal. Decide On Your Budget The primary step in the funds saving method is budgeting. Decide what sum you can comfortably pay for. Heed at wherever your cash goes to each month & where you are paying the most sums of money. Note down the amount you spend on necessities such as utilities, rent, student loan payments etc. Then think through the amount you go through every month in the items like restaurants, entertainment, shopping & so on. Once you classify your expenditures, search for sections where you can cut back. Set a definite budget for every classification & stick to it & ensure you budget a particular amount to add on for your down payment each month. Go For a Side Hustle to Earn Additional Cash to Save For an Apartment Sounds crazy? However, actually starting a side hustle is one of the best saving tips for buying an apartment. Sometimes to earn extra income, there are several ways such as getting a second job, working extra hours or overtime, or beginning some kind of side hustle. Chop Down Your Debts If you are planning to take a mortgage loan for buying your first apartment, but you already have additional debts like credit cards, personal loans, car loans or student loans they could definitely reduce the amount you can put into a home loan. So take time to pay off your debt before you head down for applying for a home loan. Look at closely how much you owe on your student loans, credit cards, personal loans or car loans & generate a plan to tackle it. This will not only help alleviate some of the financial pressure yet additionally help you secure a better mortgage rate. Cherry-pick Good Investment Options It is vital to direct some part of your revenue towards investment through Systematic Investment Plans (SIPs). For instance, if you begin to invest 25,000 a month via SIP with a modest return of 10% for just 3 years you can get Rs.10.53lakhs. In this manner, you can easily save for your down payment without nerve-wracking about lifestyle changes. Also, there are some other investment options for the short term: equity-based mutual funds, ELSS etc. Be Financially Disciplined Where does most of your monthly income go? On rent, groceries, dining out, shopping, entertainment? Start analysing this. Categorise your expenses and determine how you’re spending your money and then make a budget. If you want to save for your dream apartment, start cost-cutting, avoid wasteful spends, clear your debts and may be try to expand your income pool. Rent Out a Smaller Place If you are living on rent, to save for your apartment buying, you may consider shifting to a smaller house for the time being. In case you are single, think about living with family or companions for a year. Any sort of savings will assist you with getting close to realizing your dream about purchasing your own home. When you’re ready, you can begin the apartment purchasing process. But before that, you have to find a reliable builder. If you're looking for owning your dream apartment in Kerala, then here is your right choice- Varma Homes, the most trusted builder in Kerala. Varma Homes is one of the best residential builders in Kerala, who have residential projects in several locations of Kerala like Kochi, Tripunithura, Thrissur, Kozhikode & Trivandrum. We fulfil your dream of a home with our unique designs with guaranteed quality checks of process & materials to ensure you a perfect home in reality. So get started with buying your dream home with us!
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Reasons for the growth of luxury Flats in Kochi
People now prefer to live luxurious lives, and lifestyles have evolved. The standard of living also increased. Kochi city, a fusion of various religions and cultures, has long been an important commercial centre. Additionally, it is increasingly attracting the IT sector, creating more opportunities. Kochi City is expanding quickly and is on the path to becoming a popular travel destination for everyone. Thanks to a network of interconnected roads and a newly established metro, one can also commute without incident.Numerous advantages make Kochi the finest place to live with your family. Many people dream of buying a flat in Kochi. Kochi has a host of excellent flats that come with great amenities and on different budgets.When compared to other metropolitan cities, owning a home in Kochi has some of the most important advantages, like well-connected roads, metro hubs, infrastructural progress, Smart City and Infopark campuses, reputed educational institutions, hospitals, pubs, multi-cuisine restaurants, and heritage spots that attract tourists from across the globe.Kochi is one of the most vibrant cities in the nation thanks to its way of life, tourist attractions, and variety of services. For those looking for luxury Flats in Kochi, Varma Homes, one of the leading builders in the city, offers a first-rate living environment. The luxury apartments in Kochi's premier locations are exquisitely designed. And let customers experience a way of life that captures the essence of the city. Every square foot of land matters in Kochi. The international container transhipment terminal, the Smart City initiative and metro connectivity have all contributed to the socioeconomic impetus.Kochi's history as a significant port. Additionally, as a point of entry for visitors to the state, Kochi is an advantageous location for NRIs wishing to invest in flats and apartments. If you're looking for luxurious flats in Kochi with a variety of amenities, a well-known house builder in Kerala is providing you with a large selection of flats and opulent apartments. Given the current market conditions and investors' desire to profit from quality-styled apartments, Varma Homes designs our residential projects with a harmonious fusion of contemporary and traditional amenities.Smart developers, like Varma Homes, have invested in apartments in prime locations after realising the potential of this metropolis. For many people, having a home in Kochi is a dream. Varma Homes has positioned itself in places with growth potential. They offer you various options to choose from as no other builder has these many vast numbers of projects going on in Kochi. The apartment is in a prominent position so you know it will provide you with excellent profits in the future. Apart from the abundance of natural attractions, Kochi provides a diverse range of work and business opportunities for both professionals and regular people. Kochi is becoming one of the popular living locations for Keralites who are in search of luxury flats in Kochi. The benefits of buying a flat or apartment in Kochi are plenty.Choose Varma Homes as your top option if you're seeking apartments and flats in Kochi with the highest quality standards and dependability.
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How Has COVID-19 Pulled Millennials to Invest in The Realty Market
The 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.
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