When a person is young and vibrant, buying a property, especially an apartment, with basic amenities seems suitable. But those amenities seem to excessively sideline the needs of an aged person in most of the urban clusters. This elderly stage, which is appropriately called the second childhood, definitely needs the right concrete development that best fits all of their requirements.
With an annual growth rate of 3%, the senior population is expected to reach 319 million by 2050. So, creating a favourable environment for the aged generation should be a priority. The majority want to live in a serene setting with people who share their similar interests. Luckily, there are ample facilities available in this era to gratify their wish for a safe and caring abode.
Let us look at the factors that need to be considered while choosing an apartment for senior citizens:
First and foremost, be sensitive to their feelings and requirements. Do not make picking an apartment seem like a daunting process to them. Never jump into buying any apartment without considering the services that the builders offer. A careful study and analysis should be done before selection so that the lives of your loved ones become happy and hassle-free.
A Reasonable Buy
The majority of senior citizens who purchase a home do so using their retirement funds. And having a home after they have passed their early years may appear to be a significant burden. Most financial institutions provide older adults with home loans with terms that can run until they reach the age of 75. But taking out a loan is unlikely to aid a senior citizen. Therefore, finding a property with all their necessary comforts and also one that will fit their budget is crucial.
Access to Conveniences
A senior citizen-friendly development should include ramps and elevators, as well as be constructed to accommodate the needs of its older people. Fewer accidents happen at homes when skid-free surfaces, easily accessible elevators, ramps with side rails, and support handles in bathrooms and balconies are assured. Inside the residence, there should be no unnecessary furniture or modifications. Search for an apartment that allows you to make such adjustments to the decor.
Health & Well-being
Check out properties that are close to mental and physical wellness centres and have access to 24/7 medical assistance. It's also crucial to make sure that transportation is available in the event of an emergency medical situation. Choosing places with peaceful surroundings could be a wonderful idea if you have easy access to diagnostic centres, medical shops, and other necessities.
Security is a factor that cannot be overlooked, given how vulnerable the elderly are. It is critical to have a security system in place to ensure their safety and avoid any unwanted hazards. For peace of mind, a secure development with effective security services is required. Security guards trained in fire safety and first aid should be on duty 24 hours a day in apartments with CCTV surveillance.
From the standpoint of the elderly, easy access to public transportation from home is one of the most desired amenities. Because of their age, the majority of older citizens rely on public transportation such as buses, autos, and trains. It would be advantageous if the bus stop and train station were both within walking distance of the apartment.
Apartments with recreational areas are great for the elderly to take a break and restore their sense of peace. If not, look for flats that are close to gardens and parks. This also provides a place for senior citizens to go for walks and socialise. Elderly people like engaging with others, which helps to alleviate loneliness by keeping them active throughout the day.
Always choose a trusted builder while entrusting the safety of your loved ones. Varma Homes has effectively established itself as one of Kerala's most trusted builders since its inception. With the most advanced facilities and eco-friendly aspects, we present you with a modern lifestyle of luxury, convenience, and comfortable living. We've made it our full-time goal to provide the best service and quality in our pricing range, and we've succeeded time after time. Currently we have apartment developments in Kochi, Tripunithura, Thrissur, and Thiruvananthapuram.
The popularity of multi-generational houses and apartments started to grow during the COVID outbreak. This has influenced certain lifestyles and also triggered new trends. Generations see the benefits of co-living apartments that appeal to a multi-generational society, from seniors to middle-aged couples, from new parents to young people. The pandemic has taught everyone to stick together, support and encourage each other during an emotional crisis. Let's see why multigenerational living has become the most advantageous and interesting thing right now:1. An Affordable Option: When various generations live together, they can afford considerably more comfortable and luxurious residences than they could if they lived separately. This financial flexibility can simplify home maintenance and other utilities as well as household expenses. It also makes it easier for people to save more money for essential things like retirement, vacations, and educational funds.2. Safe & Secure Environment: With more people, there is usually someone at home to watch the house and make sure it is not empty. And, with adult children and grandchildren nearby, elderly parents or grandparents can seek help much faster than if they lived alone if they fall or have a medical problem.3. Emotional Backup: Living together can develop a priceless connection among children, parents, and grandparents. This is certainly relevant when they have a residence that is well-suited to individual requirements, personalities, and interests. Giving moral support and being present during critical circumstances are irreplaceable moments that only multi-generational living can offer.4. Improved Work Efficiency: With the older generation, youth management can be as easy as a cake. Parents may use some help, whether it's with mentorship or schoolwork. Chores, cooking, shopping, and other requirements can be divided and completed much more quickly. Younger people can tolerate strenuous physical labour, while older adults can handle less physically demanding tasks.5. Instil Feelings of Partnership: Your children will learn that all members of your family contribute and help each other. They become aware of and are influenced by the perspectives and love of the older and younger generations who live with them. This allows them to appreciate the wisdom that comes from strong family ties and expand their horizons in constructive ways.6. Easy on the Guardian: It would be stressful for the family guardian to care for the sick parent or grandfather if they weren't living with them and staying away. It's hard to constantly go back and forth to their parents' homes to care for them and back again as they juggle their home and family. It therefore becomes even more important to develop a multi-generational home.7. No More Sense of Loneliness: Isolation is a huge issue in our culture today for all generations. On the other hand, older people feel needed, involved, loved and valued when their extended families live together. The children receive much more help, guidance, and time with their families. Everyone will feel less alone. This may be a win-win situation for everyone if healthy family relations are in place. 8. Happier Work Settings at Home: With the latest remote working opportunities from companies, people are able to enjoy more flexibility and work from the relaxed and joyful atmosphere of their apartment. This structure led to fewer burdens and stress-free lives, which also steered them to greater productivity in their work.Varma Homes - Creating Multi-generational Constructs Since its inception, Varma Homes has established itself as one of the most renowned builders in Kerala. Our expert team has skillfully crafted apartments that can inhabit the desires and preferences of every generation. Own a safe and smart apartment where generational gaps are never an issue since we cater to the diverse mindsets of multiple generations and professionals. Going with the flow and following current trends has always been our motto, which is the recipe for our success and the reason why our stakeholders trust us. We present a modern lifestyle of luxury, convenience, and comfort, with the most advanced facilities and eco-friendly features. We started with residential developments in Kochi and then expanded to Trivandrum and Thrissur. Our major launches will be in Calicut and other major cities in the near future. You have a number of apartment options to choose from depending on your requirements and budget. Choose the one that best suits your multi-generational family! For more information, contact us on 96458 83333.Read More
Everyone has a dream of owning their dream haven. However, it is a fact that home purchasing isnít all that effortless and sometimes appears difficult. This takes fairly some savings and is uptight with stress and a lot of complex decision-making.† But there are a lot of financing options available on the market that largely takes the brakes off buying a home: a home loan. It isnít tough to find a loan for your next real estate investment. Though, finding the best possible loan for your investment needs a bit more work. So here are some steps you need to follow to ensure your home loan can be processed without glitches: Recognize Your Eligibility & Relate Your Possibilities There avail lots of home loans that are not created equal. They can have varying fees, interest rates, points, and other things that can stand up how much it will result in costing you.† So, for easily getting approval for your home loan, you have to figure out your eligibility, which largely centres on the capability of settlement and age before you approach the bank. † Work on Your Credit Score If youíre applying for a conventional mortgage for your home, you can be sure that your credit score will come into play. The clean financial record with your credit card, debit and other loans paid off will not only affect your eligibility criteria but also help you get the best deal if you are searching for a 2 or 3BHK apartment or flats. Multiple home loan applications or many credit enquiries may lead to a hard pull on your credit score, so it is required to slow any kind of borrowing in advance. † Only Deal with A Reputed & Trusted Builder Loan approvals can be smoothly done if you have a licensed & reputed builder on board. It not only ensures a safe investment in your future and present happiness but also increases the chances of getting a fairly good loan amount.† That is, the bank tends to generate a confident level of trust when it comes to a genuine and trusted builder and even their buyers, it helps that they are branded for constructing safe & happy homes. Also, your builderís past and present projects and their successful running business in this competitive reality market aid in getting your loan through. † Stay at Your Job Staying stable at your job will give a high chance of getting approved.† Having a steadily monthly income is important to get approved for a mortgage.† So do avoid changing your job. Your bank needs to know if you have a high possibility of steady employment and income during this loan period to permit you to make your loan refunds on time. † Ascertain You Have A Clean Title Deed & Complete Documentation of The Apartment Even though this is not associated with your distinct credit state, banks need to guarantee that there is not any problem with your investment in case you default on your loan. Hence, the bank will first check that all the legal documents of your apartment are in order. After you have cleared all the necessary documents and requirements, your loan approval process can be successfully closed. If youíre in search of apartments in Kerala, consider Varma Homes projects, the leading and the most promising builders in Kerala.† We offer happy & safe apartments with wonderful amenities in highly-sought after residential areas in Kochi, Tripunithura, Thrissur and Trivandrum.† We know that your home is probably the most significant purchase you will ever make. Hence, we construct it with as much care to aid you to live a good life for years to come. So, take your dream apartment from the house of Varma Homes.Read More
Investment potentialThe real estate market in Kochi is quickly expanding, with rising demand for both commercial and residential buildings. Property values are predicted to improve over the next several years, making this an excellent time to invest in the city's real estate market. Kochi is a major commercial centre in South India, with a diverse economy that includes businesses such as tourism, information technology, and manufacturing. This implies that there are several investment prospects in the city, which is expected to develop further in the next few years. Kochi is experiencing considerable infrastructure development, including the extension of the metro rail network, the creation of a new international airport terminal, and the construction of a new port. These developments will increase connectivity and make Kochi an even more appealing destination to live and work.ConvenienceAs previously said, several developers in Kochi provide ready-to-occupy flats, which means that homeowners may move in right away rather than waiting for development to be done. Most Kochi apartments provide a variety of conveniences that make daily living easier. Security, parking, power backup, and garbage management are examples of such services. Several Kochi apartments are in ideal locations, adjacent to major facilities like schools, hospitals, and retail malls. This can help you get to whatever you need on a daily basis. Flats can provide a sense of community since members live in close proximity to one another and share shared areas. This can promote a sense of belonging while also providing possibilities for socializing and networking.Established communitiesLiving in a well-established neighborhood might give possibilities for socialization and meeting new people. Many flats feature communal areas where tenants may congregate and engage, such as gardens, parks, and community halls. In a flat, an established community may create a sense of protection and security. To safeguard the safety of tenants, many apartments have security measures in place such as CCTV cameras, security officers, and access control systems. The maintenance and repair of common spaces and facilities in an established community are normally handled by the residents' organization or the builder. This implies that residents are not responsible for the upkeep of communal facilities like gardens, parks, or swimming pools.Competitive PricingFlats in Kochi have competitive costs. Kochi's real estate market is very competitive, with several builders and developers selling homes at reasonable costs. Also, the price of an apartment in Kochi might vary based on numerous aspects such as location, facilities, and the builder's reputation. Buyers have a variety of alternatives to pick from, and they may compare and negotiate prices with builders to obtain the best bargain possible. However, before buying a flat, it is critical to conduct rigorous research and due diligence to ensure that the pricing is competitive and the property is a suitable investment. Kochi has various regions with economical land, which can assist cut construction costs and allow builders to provide competitively priced flats. Certain Kochi builders employ new building processes, including pre-cast concrete construction, to assist cut construction time and costs, allowing them to sell apartments at cheap pricing. The Kerala government provides numerous incentives and subsidies to builders and developers that establish affordable housing developments, which can assist lower building costs and enable them to sell apartments at reasonable prices.Reduced maintenance costsFlats may have lower upkeep expenses than other types of homes such as detached houses or villas. This is because the maintenance of common rooms and services in a flat is normally handled by the residents' organization or the builder. This implies that the expense of maintaining common facilities like gardens, parks, or swimming pools is shared by all residents, which can assist lower individual upkeep costs. Furthermore, some builders may utilize energy-efficient designs and materials, which can assist minimize energy usage and maintenance expenses over time. Professional property management companies may also assist in the efficient and cost-effective administration of maintenance duties.High-quality constructionFlats in Kochi are built to a high standard. Several Kochi builders and developers employ high-quality materials and building processes to create apartments that are long-lasting, secure, and comfortable to live in. These builders frequently adhere to construction laws and regulations, ensuring that the apartments are built to a high degree of quality. Moreover, some builders may employ sophisticated construction techniques such as pre-cast concrete construction, which can increase building quality while shortening construction time. They may also employ energy-efficient materials and designs, which can assist minimize energy usage and maintenance costs over time. It is crucial to remember, however, that not all builders and developers maintain the same level of quality in their construction projects.Read More
Owing apartments in Kochi is the biggest dream of NRIs and the middle class people. Kochi is basically said to be an investorsí market and these investments of both the NRIs and the middle class people have fuelled up the growth in the city. Kochi has seen a massive growth in its IT sector and Infrastructural development through NRI investments. Kochi is one among the most expensive real estate markets in India. Significantly, the populaces with an annual income of 13 lakhs and above only can consider buying residential projects in Kochi. Furthermore, the average price of the new apartment projects in Cochin and the rental value is noticeably getting high in the commercial capital of Kerala. The city of Kochi is already in the process of progressing from the small town into a metro city. The major places like Tripunithura, Vyttila, Fort Kochi, Kakkanad and Edappally are becoming part of the prime residential locations in Kochi. Many number of new apartments in Kochi are found available for sale and rent in these places. Nowadays, the home buyers who are most interested in investing in flats in Kochi are the salaried classes - the NRIs and the middle class people. And both these classes are specific about the facilities and the amenities offered by the flat builders in Kochi. They are also price conscious and are not willing to spend their hard earned money on investing in the independent homes especially because of the unreasonable hike in the prices of such properties in Kochi. In order to help the home buyers in buying their dream homes, the Government of India is planning to drop the GST rate for property purchases under the Credit Linked Subsidy Scheme (CLSS) from 12% to 8%. As NRIs are not dependent on home loans for buying new luxury flats in Kochi, the middle class people are the most beneficial with the Pradhan Mantri Awas Yojana (PMAY) Scheme in India. Under the 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 younger generations are also into investing in new luxury apartments in Kochi mainly because of the increase in number of IT companies, rapid progress of the transportation sector and improved communication in the metro city. With the advancement of metro rail, youngsters also prefer to buy new flats in Kochi which are even farther from their work places.Read More
Selecting the best home builder for your needs can be difficult in many circumstances. The builder you choose should be able to complete all services with the highest level of quality and on schedule.There are many home builders in the city nowadays, but only a select few of them can be relied upon. You may do miracles with your home with the aid of a skilled builder.A common question that people who want to purchase a home ask themselves is how to choose the home builder.When selecting a builder for your flat in Thrissur, there are numerous factors to take into account. The next section discusses some suggestions for picking the best builder.1. ExperienceBoth the service and the quality given by the builder you have selected will be acceptable if they have been active in the sector for a number of years and have a solid reputation in the business. More experience means more expertise in a given industry.You can always be certain that the home builder has the necessary experience to provide high-quality residences. Therefore, attempt to look into the builder's experience in this specific industry when hiring a builder. A skilled builder will always try to offer his experience to your projects, increasing their effectiveness. Check out some real estate fallacies you need to be aware of in order to choose your property wisely.2. Ongoing WorksVisit the builder's active projects to assess their effectiveness. If the builder has active projects, it will be easier for you to grasp the quality and current updates being employed, as well as the dependability and experience of the builders. Making them your builder will always be a wise choice.When viewing the website, make an effort to evaluate the materials and services they are using. You can determine whether or not to select them by taking into account these elements.A professional builder would frequently stop by the job site to monitor the progress of the construction. This demonstrates the builder's dedication to their craft. So, you may find out if the builder frequently visits the site by asking the owners of the ongoing projects.3. Customer ReviewsOne of the most crucial areas to look at when choosing your builder is this. The builder will be more dependable if they have more satisfied clients.Always make an effort to acquire feedback from the builder's previous clients as well as current clients on active projects. You can learn a lot about your builder's work from this section.Additionally, you can use the internet to find consumer testimonials and feedback, particularly if the builder has a website. You can find the builder's previous projects and read reviews of those projects by entering the builder's name in any search engine. It is among the simplest ways to find out what people think of the builder.4. Success RateIt might be a house, a villa, a flat, or an apartment. Try to learn about the builders' previous projects. Analyse the projects' success rates as well, specifically the proportion of completed homes that were delivered on schedule and were occupied.This part can be used to highlight the size of the business, the calibre of the materials utilised, and the builder's dependability. An effective builder will have a good success rate on their projects. You can choose them if they have taken on significant undertakings and successfully accomplished them.No matter the size of the project, the builder needs to be able to finish it successfully, quickly, and to the highest standard. 5. Matching Your RequirementsYou'll have many ideas while you build a house that should be incorporated into the overall project. A foreign style of design or any other kind of design may occasionally impress you.Therefore, while selecting a home builder for your project, strive to ensure that the builder is qualified to carry out your project's ideas. Share your criteria with them and find out whether they can carry them out before fixing the builder.When you discuss your ideas with the builder, they frequently strive to include their expertise into the project, which will make it more successful. A skilled builder constantly incorporates their expertise and knowledge into their projects.6. Quality of MaterialsSome contractors place a premium on the calibre of the supplies utilised in the job. For your project, it is preferable to choose these types of builders.The longevity of the home may depend on the calibre of the construction materials utilised. Along with these kinds of reliable builders, there are also some unreliable builders who, in an effort to increase their profits, employ subpar materials for the job.You must be present at the construction site to check that all of the materials are of the highest calibre. Visit the customer's active construction sites to examine the quality of the materials.The above mentioned ideas might assist you in avoiding the uncertainty surrounding how to choose the home builder for your project. You should be extremely attentive when selecting the builder because you will be investing a significant sum of money in the project.Try to learn a little bit about the builder's business and look at some of their previous projects before making your choice. so that no one will defraud you.Today's technology has advanced greatly. With the aid of these technologies, you may pick the ideal builder who can finish the project on schedule and within your specified price. Utilize all available resources to select a qualified builder for your project and create a fantastic home.Varma Homes are one of the best builders in Kerala providing the best flats in Kochi and Thrissur among other parts of Kerala. For further information on our project contact us now!Read More