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.
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.
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.
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.
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.
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.
If you are looking for the best ready to move apartments in Kochi, look no further. Varma Homes presents, Varma Padipura. Our new apartment project in Tripunithura, Kochi offers the finest luxury 2 and 3 BHK flats in Kochi. With all modern amenities and easy accessibility, it is the perfect luxury home for you. It is a B+G+11 floor apartment with a perfect blend of contemporary architecture and features to deliver comfy living. The master plan of Padipura is designed in such a way that this apartment comprises of broad space with proper ventilation at each corner of the house. The interiors are exquisitely designed with stylish tiled floor, latest sanitary fittings in the bathroom, polished kitchen countertop, and huge windows for proper sunlight. It is another nearing completion project from the house of Varma Homes that match the desires of customers with a one of a kind mark of modern living. We at Varma Homes trust in investing our full efforts to construct happy homes for our customers to realize their dream of perfect homes. Our incomparable quality and highest standards in constructing homes ensure a comfy lifestyle for its inhabitants. Like our all apartments we can assure that, Padipura will become our next milestone in our vision of constructing happiness. Become Acquainted With Superb Amenities & Accessibilities at Padipura Padipura, situated in the land of royalty, the rich historical values of Tripunithura re?ects the depth of art, culture, and faith. It is far away from the hustle and bustle of the city but gives you sound access to all conveniences that today’s fast-developing world demands. It is very close to the famous Statue Junction of Tripunithura, the most appropriate place to have your dream home. The neighborhood is well connected with the city by rail, bus and cabs. Basic facilities like Hospitals, medical, banks, schools, educational institutions, shopping complexes, markets, entertainment zones, and tourists centres all are within an easy reach. This 2 BHK & 3 BHK apartment in Tripunithura is situated very close to the famous Poornathrayeesa Temple which lightens the lamps to the trail of the supreme deity. Also, it is standing just behind the Kallikotta Palace, a place where traditional south Indian art forms like Vocal Carnatic Music Concerts, Kathakali, etc are held. It's also now used as a marriage auditorium so localities take pride in holding their marriage functions here. Living in such a royal and pure temple town may be a dream for persons who would love to have a serene and divine life. The proximity to famous school Chinmaya, colleges, supermarkets, Infopark and above everything else will surely be the main highlights of living in this apartment. On top, it gives the citizens easy access to all the essential needs and modern comforts of the city. So enjoy the full benefits of happy living with Padipura. With all the high-end amenities including rooftop swimming pool, health club, fully automatic lifts-2nos, children's play area, intercom facility, terrace garden, recreation space, sewage treatment plant and beautiful surroundings of Padipura promises sundry choices to unwind and refresh at own home. Moreover, space offers you ample rest and peace of mind. Now our model apartment is ready, you are welcome. Come and visit to experience the grand living as never before in the heart of Kochi. Booking Open, Hurry! Only a Few Units Left…Read More
The latest extension of the Kochi Metro from the Jawaharlal Nehru International Stadium to Maharaja’s College Ground was launched on 3rd of October 2017 by the Chief Minister of Kerala Mr. Pinarayi Vijayan. The new stretch covering a distance of 5 km came just after three months since the launch of the first stretch between Aluva and Palarivattom by the Prime Minister of India Mr. Narendra Modi on 17th of June 2017. The total distance covered by the Kochi Metro now extended to 18 km, touching 16 stations which include stations at Jawaharlal Nehru Stadium, Kaloor, Lissie, M.G. Road, and Maharaja’s College Ground. The metro changed the face of Kochi and made it a more habitable and hospitable city. The project has captured the dreams of not just the people of Kochi, but of the whole of Kerala. It has now truly become an aspiring icon for the region, giving higher hopes and expectations for a better tomorrow. It has already improved the lifestyle of Kochiates, helped in greater investments, increased job opportunities and upgraded public infrastructure. The Kochi Metro has raised the brand image of Kochi and boosted major investments, especially in the real estate industry. The changing lifestyle of Kochiates shows a clear picture of the influence of these kind of urban developments upon their lives. And a recent trending lifestyle that is shown is the apartment living. Buyers of new apartments in Kochi have solid reasons behind why they prefer to live in the new luxury apartments as compared to typical homes. Most buyers of apartments in Kochi have not only purchased a property for living, but also pride and satisfaction with their hard-earned money. People are looking for something more than just four dividers and a car porch, which they can finally call as their home. They don’t just need a postal address, but to live in homes that declare their lifestyle as a luxurious one. We at Varma Homes, the top builders in Edappally always bring you the finest living spaces. The best home builders in Kochi, Varma Homes’ compact apartments – Varma Regent is being built at Edappally. It is one of the new apartment projects in Cochin, located at Ponekkara. The 2 and 3 BHK luxury apartments ranging between areas of 862 sq.ft to 1357 sq.ft offer luxury amenities at an affordable price range. Lulu mall - one of the major attractions in Edappally is just 1.8 KM away from Varma Regent and with the case of Changampuzha Park Metro Station, its just 1.6 KM. Varma Regent is the best option for those who wish to buy apartments in Edappally. Varma Regent being on its last phase of completion, guarantees the project accomplishment by the end of December. Most of the units are already sold out and only a few units are left. If you are looking forward to buy affordable apartments in Edappally with all the high-class facilities, pay a visit to Varma Regent’s sample apartments. For more details, contact us today. Call +91 9645 88 33 33 for more details.Read More
It’s common now for most residential properties, luxury or otherwise to come equipped with a host of fully loaded high tech amenities that make personal living experiences more convenient and super comfy whilst simultaneously weaving in work and business expediency. Features such as business bays, fitness centres or concierge desks are now considered as given conveniences that are a must for the exacting demands of residents. In fact it’s not unusual for residential properties to resemble more on the lines of luxury resorts rather than simple lacklustre residences. The sky is the limit and there really is no dearth of shortage of bespoke residences that fulfil every desire. So what then should you expect if you’re a home buyer looking for a property that will comply with your needs for today and appreciate suitably or phenomenally in the future as well? Here, we’ll individually take a look at some of the niche amenities that are being offered to the conscientious customers of today whilst presenting an opportunity for realty investors to identify early opportunities in this segment. Dedicated zones for entertainment and multimedia are no longer things of the past, they are the standing reality of today. As the world moves at lighting speeds with respect to technology, gaming and virtual reality zones are fast becoming a must have feature in residential complexes. To that end, many developers are imbibing these dedicated zones in their blueprint plans. So while one can expect private Jacuzzis and spas conveniently located a few floors below their residences, it’s not going to be surprising to find private entertainment and multimedia zones located right next to them. Usually most residential configurations already come pre-designed with multimedia zones within the house itself with special provisions for enabling it with ‘smart’ features. However, lately consumer needs have started gravitating towards incorporating the multimedia zone as a shared community space rather than a private feature solely accessible to the home’s inhabitants. Many reasons can be attributed to this shift, mainly the fact that many large sized simulators are impractical within the house besides it’s more convenient to allocate the multimedia or entertainment zone outside the house and free up the space within for something else. Perhaps a private pool or a work station, as the individual requirements may go. Those residential properties already having these types of zones allocate enough space so as to accommodate dedicated gaming zones, snug bowling alleys, virtual reality golf courses, cricket pitches and table tennis or lawn tennis simulators among other outdoor sports. What’s more, there will be high end gaming consoles and the latest play stations so that kids and adults alike can partake in their daily doses of some gaming action. These sorts of entertainment zones are not intended purely as leisurely, recreational activities rather an opportunity at family bonding and professional networking intermeshed at one great, fun place, within the residential complex. Moreover as these zones are located within the complex itself, residents are saved from traffic jams and traveling woes - something anyone and everyone appreciates! Did we mention about the mini theatres or screening rooms with super plush and comfortable seating options? Those too are very much an integral part of the entertainment zone. So residents can pretty much enjoy a session at the spa, work out at the high tech health club and saunter over to the entertainment zones and end the evening either playing some virtual tennis or catch their favourite movie, whatever catches their fancy first. In the western countries, residential projects have fast caught on with these futuristic concepts. And it is thought that this will be a rage in the coming years everywhere. In fact, there are quite a few national developers who’ve even begun planning these niche features in their pipeline projects. However, there is a considerable outlay for the developer and consequently the customer too. Hence it’s best advised for any new buyer to consider these aspects beforehand. Varma Regent, compact apartments is being built at Edapally by the best property builders in Kochi. At Varma Regent, located at Ponekkara, to say 'convenient' is an understatement. The unique combination transcend to a whole new realm of affordable 2 & 3 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft. Varma Regent is one of the current ongoing residential projects of Varma Homes at Edapally. Kochi's fast paced culture is at the doorstep with the phase I of the Kochi Metro Rail project commencing up to Edappally. If you are looking to buy an affordable apartment in Edappally with luxury amenities Varma Regent is the best option. Varma Homes is one among the top builders in Kerala offering high quality and affordable luxury apartments in Thrissur, Kochi and Trivandrum. We always create the best living spaces meeting the requirements of our clients. If you are looking forward to buy apartments or flats in Thrissur, Trivandrum, Kochi then contact us today. Call +91 9645 88 33 33 for more details.Read More
If you are thinking of buying a home this festive season, it’s high time that you make your move. Christmas is an ideal time to buy properties. At the end-of-year, the vendors get to the point where they just want to sell. That's indeed a good news for potential home buyers, as it will be very easy to negotiate the prices for new homes. Contrary to popular belief, go against the trend and house hunt when the others aren't looking, as people are mostly on holidays - that's in the month of December and January. Lesser people looking for new home means lesser competition, which equals greater flexibility in negotiations and also a better chance for securing a bargain. The festive season can also be the optimal time to sell. Most buyers plan to move into their new homes before the New Year begins. Buyers looking for properties during the holidays are usually serious about purchasing and this could lead to a quick sale. Holidays will possibly increase settlement times and also agreement conditions. It’s another great advantage of buying new homes at this time of year, as the settlement will often be in January or February. If you're looking for an area that has an increased holiday population, the competition among the buyers may increase. And this could lead to offers that are higher than the home seekers’ original seeking price. However, demand can vary from area to area. The outer cities and more urban areas are most preferred by the residents. Varma Kottaram – is yet another luxury apartment project of Varma Homes in Tripunithura located between the Kalikotta palace & Sree Poornathrayeesa Temple. The new new luxury apartments is a G+4 apartment project having 24 units of 2 BHK and 3 BHK flats. The luxury flats in Tripunithura are well equipped with all the modern amenities which are made worth for its price. Varma Homes, the best builders in Cochin offering new luxury flats, budget-friendly apartments and residential projects in Ernakulam, Thrissur and Trivandrum always bring the best for you. If you are looking forward to buy flats in Tripunithura, then contact us today. Call +91 9645 88 33 33 for more details.Read More
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