If you have any plan to sell your apartment in a couple of years, then maintaining your apartment in a good condition is very essential. As it is significant to not only get a good value for the possessions but also to boost the life of the same. Let’s check out some simple ways to add more value to your home on a budget.
Pick the right locality- The most thing is ensuring that your apartment fetches a good worth starts right from the point of purchase itself. Select for a locality that is fully packed on with facilities and accessibilities for a smooth and peaceful living. The clean and well-maintained neighborhoods boost the value of your apartment. Do thorough research and select for an area that bids good appreciation value. This is the first step in confirming that your property has a good worth at the time of sale.
Ensure proper maintenance- Make the slightest of the repairs of the apartment as early as possible is the simplest method to enhance the value of a home. Any damage or even small cracks is best-taken care at the earliest. Negligence of these minor damages will lead to bigger damages to the apartment complex and which may take more time and money to correct.
Upgrade the home based on the necessities- If you have any plan to renovate or remodel your apartment, first evaluate your present structure with the support of a competent engineer/ builder and then take the help of a good designer to ensure that your structure is upgraded to the best potential form of its self at a viable rate. At times, the structures are so beyond patch-up, it is not wise to renew it, as it can be a useless workout.
Examine for damages periodically-Periodically check your apartment for any damages and services gadgets installed and other things to ensure that all are running smoothly. As we all know, prevention is better than cure. It is sensible to keep your apartment in a good working condition than wait for it to be subject to damages to take care of it. It will not only enrich the value of your apartment in terms of its monetary value, but it also enhances its lifespan.
Paint your house every once in a while-One of the best ways to add value to your apartment on a budget is by painting it. Choose for simple and soothing colors when you desire to put the house on the niche realty market. Stunning interiors and colors with a heavy character regularly tend to put off purchasers. Make certain to hire capable painters to reach a charming and even coat of paint for your apartment.
Being artistic- The inexpensive and the best improvement you can add to your apartment is by placing simple artistic elements. Adding artistic wall paintings, wooden racks to place books, designing walls with creative graffiti, bean bags and so on, these may seem simple, but you would definitely be amazed to see the results.
Add greenery- Adding landscape and greenery can truly enrich the value of your home manifold. We all like a touch of nature in our living spaces. So, try to add a small garden to boost the aesthetic charm of your apartment.
Even though each home has a personality of its own, and one must try to preserve the same-shaping your home to have a mass charm is the prime factor in enhancing the apartment value. It must hold a similar appeal to various potential buyers who may visit it as the first look and it may vastly define its real worth. Keep these simple tips in mind to ensure that your apartment is much in demand amongst various buyers from diverse walks of life.
If you are looking to buy an apartment and enhance it, then do consider our exclusive range of residential projects at prime locations of Kerala like Kochi, Thrissur and Trivandrum. Being the top builders in Kerala you can trust Varma Homes for your dream home. So, contact us today or please visit our website for more information on our latest projects.
It is possible that, as a first-time buyer while deliberating on purchasing a dream abode, choosing an apartment will cause you to second-guess your thoughts. After all, it's your hard-earned money and the secure future of your family that’s on line. There was once a time when different builders had different standards and principles applied to the purchase of an apartment, stirring confusion among home buyers. This is the reason why the Indian government brought about a revolutionary change in 2016 to safeguard the interests of existing and potential buyers. The Real Estate (Regulation and Development) Act was enacted in 2016 and the Real Estate Regulatory Authority (RERA) was born. The Kerala Real Estate Regulatory Authority (KRERA) was founded by the Kerala government to regulate and enhance the real estate industry in the state. KRERA is the new real estate champion, supporting accountability, citizen-centric policies, and greater financial discipline while defending the rights of investors. This Act is a sigh of relief for consumers as it makes real estate dealings transparent. Here are the positive RERA ACT benefits for why you can confidently buy an apartment now:? Exposure to comprehensive informationOne of the most essential benefits of RERA for house buyers is the right to property information. You get thorough information about the property that you are purchasing as a home buyer. When it comes to making prospective selections, this type of knowledge can be quite useful to a purchaser. The developer or builder should share with you all the project information, such as the layout plan, building phases, action plan, and completion status. ? A normalised carpet areaThe carpet area, or the area of the apartment apart from the width of the inner walls, is the space that can actually be covered by a carpet. Prior to the RERA Act, builders used their own technique or calculation for estimating the carpet area of a unit or property. RERA, on the other hand, has codified or standardised how a builder determines the carpet area. As a result of the RERA Act's implementation, a builder must now specify how much carpet space they are providing. Property prices in India are now determined by carpet area. ? No more holdups in projectsThe possession date for each flat must be specified by the property developer. The developer will face a flurry of penalties if the project is not completed by the deadline. If the developer fails to deliver on the specified date, the buyer has the option of either withdrawing from the project and receiving a complete refund, including interest, or continuing to work on it and receiving reimbursement and interest. ? Control over advances One of the great benefits of RERA is that a builder cannot charge more than 10% of the cost of the flat as an advance or application fee before entering into a sales agreement. ? Flaws are held responsible If a buyer discovers any flaw or problem in the structure, quality, or service of the flat within 5 years of ownership of the flat, the builder is required to rectify the deficiency within 30 days at no additional cost under the RERA Act. The buyer would be able to claim compensation if the builder failed to correct the fault. ? Mending broken promisesThe buyer has the right to litigate if the builder's obligations or promises regarding the actual project do not match. The buyer then has the right to decline the projects and receive a full refund of the initial deposit, plus interest and compensation. ? Approval before selling offBuilders may have sold projects without the necessary permission in the past. This is not the case under RERA now. Builders and real estate brokers will be obliged to register with the authorities, providing every detail about their projects, and only then will they be permitted to sell them after receiving the necessary approval. ? Prohibition to deviate fundsTypically, a developer will be working on multiple projects at the same time. They used to be able to divert funding between projects as they pleased. After the implementation of RERA, this will no longer be possible. The builder must set aside 70% of the project's proceeds in a separate bank account. He can only withdraw money from such an account after the project has been completed and certified by a civil engineer, an architect, and a practising chartered accountant. Because the funds can no longer be diverted to other projects or used for other purposes, they will be used for their intended purpose. ? Fast track grievance redressalComplaints against a builder can be brought to the state body established under RERA, which will have the jurisdiction to resolve all. If you disagree with the order, you may appeal to the Appellate Tribunal, which will resolve your case within 60 days. It will keep track of the reasons for any failure to do so also. The Varma PromiseWe at Varma Homes understand the buyer’s requirements and concerns. Therefore, all of our projects from the year 2019 are KRERA approved, following the industry norms, and are delivered as per our given commitments. We consider RERA as an opportunity to comply with a rule that warrants the hard-won endeavours and investments of many. If you aspire to buy an apartment in Kerala, Varma Homes is all set to take you ahead. We are a renowned real estate builder who specialises in providing accessible residential properties. You can select from a variety of alternatives to meet your needs and budget. We started with residential construction in Kochi and have since expanded to Trivandrum and Thrissur. Our major launches will be coming soon in Calicut and other important cities. Choose the option that best meets your requirements! For additional information, please contact us at 9645 88 33 33.
Read MoreTrivandrum, the capital city of Kerala, has witnessed a significant surge in the demand for luxury flats in recent years. The city's rapidly developing infrastructure, pleasant climate, and scenic beauty have made it an ideal location for luxury living. In addition, Trivandrum's booming IT sector, world-class healthcare facilities, and top-notch educational institutions have attracted high-income professionals and investors to the city, leading to a rise in the demand for luxury homes. This article will explore the various reasons why luxury flats in Trivandrum are worth the investment, analyzing the key factors that make Trivandrum an attractive destination for luxury living and highlighting the benefits of investing in luxury real estate in the city.High DemandMany reasons contribute to the strong demand for luxury flats in Trivandrum. Trivandrum is a developing city that has become a center for information technology firms, government institutions, and other businesses. As a result, there is a continual stream of professionals looking for pleasant and convenient housing choices, such as luxury apartments. Trivandrum is also noted for its great infrastructure, which includes superb roads, transit networks, healthcare facilities, and educational institutions. The city also has a high level of life, making it appealing to people searching for luxury living alternatives. New developments with contemporary facilities and high-quality construction are being launched by developers, drawing investors and homebuyers. The city's expansion, infrastructure, style of life, and real estate market all contribute to the strong demand for luxury flats in Trivandrum, making it a great investment prospect for individuals interested in the real estate sector. Excellent InfrastructureTrivandrum has outstanding infrastructure, including adequate roads, transit systems, healthcare facilities, educational institutions, and other amenities that make it a pleasant and convenient place to live. Trivandrum has an extensive public transit system that comprises buses, taxis, and auto-rickshaws that link the city's many neighborhoods. The city also boasts a well-connected road network, making it simple to get about. Trivandrum features some of the state's greatest hospitals and medical facilities. There are multiple government-run hospitals in the city and private institutions that provide world-class medical care. Trivandrum also has a number of educational institutions, including famous universities and colleges that provide courses in a variety of subjects. The city is home to a large number of schools and educational institutions that serve students from all backgrounds. It features a number of retail malls, entertainment centers, and other recreational amenities, making it an appealing destination for both tourists and locals. Growing Real Estate MarketTrivandrum is a burgeoning real estate market, with numerous new developments on the horizon, notably in the luxury real estate sector. This gives a chance for investors to purchase luxury apartments at a fair price and resell them later for a profit, as the value of the real estate is expected to rise over time. Furthermore, as more individuals seek comfortable and convenient living alternatives, the demand for luxury flats in Trivandrum is expanding. To meet this demand, developers are offering new buildings with modern facilities and high-quality construction. The Kerala government is also launching many measures to enhance the real estate business in Trivandrum. For example, it has suggested the building of numerous smart cities in the state, including Trivandrum, which is expected to boost the real estate boom. The construction of Technopark, India's largest IT park, has contributed significantly to the growth of Trivandrum's real estate industry. Many global corporations have set up shop in the park, attracting a big number of professionals to the city. This has increased demand for accommodation, particularly for luxury apartments, which are sought by the wealthy. High-Quality ConstructionTrivandrum has high-quality buildings, and developers in the city employ cutting-edge technology and materials to build their projects. The majority of luxury apartments in Trivandrum are designed to international standards and have modern amenities and conveniences. Trivandrum has a thriving real estate market, with numerous reputable builders and developers doing business there. To achieve a high standard of building, these developers use high-quality materials and expert workers. Kerala's government has implemented a number of rules and policies to guarantee that building in the state matches international standards. For example, the government has implemented Building Rules and Development Control Regulations, which give standards for building construction in the state. Several Trivandrum developers have received accreditation from organizations like the Indian Green Building Council (IGBC), which assures that structures are built in an ecologically sustainable manner. Luxury apartments in Trivandrum have exceptional construction quality, and developers take care to guarantee that their projects exceed international standards and are built with high-quality materials and technology. Potential for Rental IncomeTrivandrum has rental revenue potential, notably in the premium real estate category. Trivandrum is a rapidly expanding city with significant demand for houses, particularly in the premium market. This provides a chance for investors to purchase luxury apartments and make rental revenue by renting them to renters. Many significant international corporations, educational institutions, and government offices are located in the city, attracting a huge number of professionals and students. These people frequently opt to rent luxury apartments with current amenities and conveniences. The city attracts a high number of tourists all year, creating a need for short-term rentals such as holiday houses and serviced apartments. The rental revenue potential in Trivandrum differs according to the property's location, features, and quality. Luxurious apartments in great locations with strong infrastructure, transit, and amenities are likely to attract higher rentals. The increasing demand for luxury apartments in Trivandrum provides an opportunity for investors to generate rental income by leasing out their homes to tenants or offering them as short-term rentals. Investing in Trivandrum luxury flats for rental income might be a solid long-term financial option. But, before investing, it is critical to undertake extensive research and due diligence to ensure that the property is located in a desired region, has adequate infrastructure and facilities, and is likely to yield substantial rental revenue. Varma Homes is available to answer any of your concerns and inquiries about any investment.
Read MoreBuying a home is one’s lifetime event and it requires a great deal of effort, time, and money. From the years ago, buying an under construction apartment or flat was a risky choice. But now the introduction of Real Estate Regulation and Development Act (RERA) has revolutionized the entire real estate industry and turned it as a productive platform for new buyers. With the enactment of the RERA, buyers can now stop concerning fake practices that formerly were an essential segment of the real estate industry deals which comprises properties under construction. They are: ? Fake agreements of sale ? Delays in passing over properties ? Unprepared changes in construction plans ? Absconding builders ? Acquired illegal permissions Real Estate Pacts in RERA It is true that the before RERA, the real estate industry faced challenges. But now the real estate industry of Kerala has moved out over an extreme makeover when the implementation of the RERA occurred. It helped to generate more reasonable and fair transactions among the home buyers and developers of villas & apartments, making purchases more simple, clear and liable. RERA has formed a pool of buyers who can positively choose for any apartments or luxury flats which is under construction. So let’s check out how the RERA has transformed the earlier norms in the real estate sector. Compulsory Registration Projects with a plot size of minimum 500 sq. meters or having more than eight apartments must be registered with the corresponding state’s RERA. Current projects where the occupancy certificate or completion certificate has not been delivered are also required to meet the terms with the registration requirements under the RERA. These aids guarantee that developers & their real estate projects are genuine and they follow every criteria of authority specified as per the Act. Thus when the construction of the apartment begins, the right of buyers are secured under a registered developer. Reserve Account The prime reason for the delay of projects was due to the fund collected for a project, would consistently be diverted to new projects. To stop such diversion, promoters are now compulsory to submit 70% of all projects receivables into a distinct reserve account. The profits of such account can be used towards land & the construction expenditures and will be essential to be certified by an expert. Frequent Disclosures by Developers After the RERA implementation, home buyers can be able to regularly monitor the work progress of their projects on the RERA website since developers will be needed to submit the periodic work progress submissions on the website. Penalty Even if the best builders, made delay for handing over projects, they have to pay compensation. As the government can impose a stiff monetary penalty which may up to the 10 % of the project cost on the builders. There are also other punishments like imprisonments against violators who generate unnecessary massive delays or fraud in the projects. No Longer Exist Pre-Launches without Approvals Based on the rule of RERA, no pre-launches of projects is permitted without getting the approvals from the development authority or local municipal & without acquiring registration from the controller. This allow buyers to confidently invest in the apartments or villas of their tastes which has recently been launched. As of the arrival of RERA act, buyers can stop worrying about their project work progress. The buyer only need to choose apartment from the best builders at the right location. It is also significant to confirm that the possessions for sale have been registered under the RERA. Head off, and never hesitate to purchase an under construction or upcoming apartment with the most trustworthy real estate builder like Varma Homes. All our projects are registered under RERA. We have completed, ongoing and upcoming residential projects in Kochi, Thrissur and Trivandrum which are aimed to construct happiness.
Read MoreWith your busy lives flying by, what you wish for everyday is to have more time at your disposal. So when an expression such as "on time" appears with regards to your dream project, won’t you just jump ahead? But when buying a brand new apartment, there are two prime points that you must take into account: the time of completion and the quality of your unit. For this purpose, getting to know the detailed completion history of the builders you assign as well as the steps they take to ensure the quality and safety of your home is very crucial. Readiness is the keyAt Varma Homes we have driven "ahead of time" to realise and make dreams a reality. With years of experience in the construction field, we have vowed to deliver the best apartment projects across Kerala. The technical team at Varma Homes works round the clock to plan and execute assignments ahead of schedule. And advancing beforehand does not mean compromising the values and standards we have set forth as a team. We have successfully completed 6 projects within a span of 5 years prior to the expected time. Talented workmanshipWith our skilled consultant team, that includes architects, structural engineers, PCP, fire and safety, etc., we go the extra mile to implement competitive plans with keen foresight. Because of our professional approach and a passionate stance, we were able to confront challenges with ease. We have ensured that the highest quality products are produced at all stages. This is done through check-lists, proper staff training, and examining that the preferred commitment is thoroughly brought about in every aspect of the apartment. KRERA - Prospering the real estate futureThe Real Estate (Regulation and Development) Act 2016 was enacted by the Indian government, and the Kerala government established the Kerala Real Estate Regulatory Authority (KRERA) to regulate and promote the real estate business in the state. KRERA is the latest champion for the real estate sector, promoting accountability, citizen-centric policies, and improved financial discipline, all while protecting the consumer's interests. We at Varma Homes understand buyer’s requirement & concerns therefore all of our projects from the year 2019, are K-RERA approved, following the industry norms and is delivering as per given commitments. We consider RERA as an opportunity to comply with a rule that warrants the hard-earned investment of many. Varma Homes has successfully established itself as one of the most trusted builders in Kerala since its foundation. We began with residential projects in Kochi and have since expanded to Trivandrum and Thrissur. Our significant launches will take place in Calicut and other major cities very soon. We've made it our full-time objective to create the best service and quality in our price range, and we've done so consistently. At Varma Homes, we have no stalled projects, because of our belief in constructing happiness both deep within our team and for our stakeholders.
Read MoreThe significance of finding the right location for your apartment is not a compromising factor when it comes up to buy an apartment. As a home seeker, you have so many preferences for your perfect apartment. Usually, while searching for a flat, the buyer is highly advised to look for a location that is serene and gives you access to sound educational institutions and other significant landmarks in the area. Buyers give priorities to the prominence of looking into the security and quality of the neighbourhood in the site. Varma homes is one of the reputed builders in Kochi, in which all their apartments in the realm of Kochi, Trivandrum and Thrissur. Chottanikkara is one of the dream location in Kochi for those who want to purchase an apartment or home since the place has its own significance from others. It is a panchayat, which consists of Chottanikkara, Eruvely, Kureekkad, Kanayannur, Vattukkunnu, Kottayathupara and Palace Square. The place is a southern suburb in the city of Kochi and is a part of the urban agglomeration of Cochin City. Get To Know The Localities Advantages At Chottanikkara! When you live in Chottanikkara, you are close to what a noble lifestyle demands. The famous Chottanikkara temple is located in this town and the place has good access to the well-known Karingachira church. Chottanikkara has excellent connectivity to the seaport - airport road, mini bypass, and more, which makes the living in the land of temples, a truly royal experience. The ease of access to metro makes this place worth living. For a place with a surprisingly tranquil atmosphere, where you will get metro trains every now and then, Chottanikkara is a good family option. One of the major attraction of the city is Hill Palace, which is the largest archaeological museum. The various tourist from the nook and corner of the world has visited this palace to witness the authentic royal dynasty lifestyle of traditional Kerala Culture. The town has also good accessibility to the shopping malls, schools, colleges. The Government school Stadium of Chottanikkara is one of the largest Stadiums in Ernakulam District. EruveliPallippurathumana is the famous shooting spot at Chottanikkara. Moreover, it has bus stops in every part of the town and railway transportation is available. Unlike other urban areas, people need not be concerned about water availability as panchayat also provides drinking water supply. The lush green environment and round the clock water availability are some of the major fascinating factors for choosing this place as the perfect location for living. The famous IT hub Infopark is located near to Chottanikkara. Infopark triggered the whole real estate boom, inviting key players from all portion of the globe. Infopark also improved the lifestyle and culture of Chottanikara as a whole with the new residential and commercial ventures. Thus, the impact of the IT industry also thrives the absolute worth living in Chottanikkara. Chottanikkara bids easy access to all the main destinations of Kochi along with cosiness of a location well outside the limits of Kochi city. The real estate potentials of this place are highly striking which makes an excellent choice for a person looking for an apartment or flat in Kochi together with investment interests. Last but not Least, the Varma Bougain Heights at Chottanikkara is the major element that distinguishes Chottanikkara from Others. It is a luxury apartment in the heart of Chottanikara by Varma Homes, which offers you the same locality benefits and ensures all the superior amenities in terms of both quality and cosiness. Varma Homes, the top and finest builders in Kochi are perfect at designing comfortable living spaces. If you are planning to buy an apartment in Chottanikara, then head on to the Varma Bougain Heights at Chottanikkara. Come and experience an outstanding living at Varma Bougain Heights that will give you a flavour of grandeur and greatness of Varma Homes.
Read More