24 Jan-2025

How Luxury Homes Are Redefining the Kochi Real Estate Market

Posted onJan 24, 2025
by
Kochi, Real Estate Market Trends in Kochi

Buyer preferences shape the real estate market trends in Kochi, and we can see that more and more homeowners prefer luxury homes. Enhanced awareness of innovative apartment living because of increased travel, and exposure to new worlds and lifestyles due to the internet and television, is a huge contributing factor. Families want luxury and style in addition to functionality today, where homes are concerned. To meet this demand, builders are gearing up, and designing more luxury projects.

What exactly is a luxury home? 

A luxury home combines functionality, comfort, convenience, and innovation and is usually built by a reputed builder. You can tell just by looking at it that it is very well constructed, and is architecturally superior. Here are some features of a luxury home:

  • Minimal space wastage, and spacious flats with excellent layout schemes
  • High-quality finish on walls with putty and branded paints
  • High-grade pipes, wires, and fixtures for plumbing and electricity
  • Robust, anti-slip tiles
  • Fire protection precautions like sprinklers, fire-retardant materials, etc.
  • Branded glass for large sliding windows
  • Amenities like landscaped gardens, clubhouse, grand entrance lobby, gym, swimming pool, A/C party hall, rooftop party area, children’s play area, badminton/basketball court, CCTV surveillance, biometric access, intercom, sustainable practices like solar-powered water heating and lights, composting of waste, rainwater harvesting, multiple high-speed elevators, 24-hour backup, car wash, and so on.

Some apartment buildings also offer facilities like EV charging, spas or salon, daycare, and convenience stores. When one can get all of these right where one stays, it is a huge bonus; however, having a gym or pool individually at home, is very difficult, and certainly much more expensive. 

This is exactly why luxury homes are in high demand today. However, as several residents share these facilities, you only have to pay a very small fee for their use - sometimes it is simply included in the total price of the flat.

We can understand the role of technology in modern luxury homes in Kochi from the fact that video door phones, biometric access, and CCTV surveillance are becoming commonplace. What’s more, it is easy to convert your luxury home into a smart home. This can be achieved by installing enterprise-grade Wi-Fi equipment and a robust internet connection, motion sensors, appropriate lighting systems, and attaching sensors to the devices and appliances you want to be connected to. Once you install smart home equipment in your luxury flat, you can enjoy a host of benefits, like:

  • Being alerted to anyone trying to enter your home forcibly
  • Notification of any water or electricity leaks
  • Get alerts about a fire breaking out
  • Controlling your major appliances remotely
  • Switching lights on or off

A smart luxury home helps protect your family and reduce your electricity consumption.

How Does This Impact the Real Estate Market?

With more homeowners seeking luxury homes, builders are scrambling to meet the demand; with a large number of property developers entering the fray, the market is becoming very competitive, which augurs well for buyers. They can compare prices and amenities from a wide array of properties, and make an informed decision. To capture the market, developers either offer highly economical prices or include sophisticated amenities that lure homeowners.

Thus we can see a drastic increase in the number of luxury homes coming into the market. Spacious apartments that allow the owners to work from home, entertain guests comfortably, allow children to study without any disturbance, and serve as real sanctuaries for the homeowners.

Also Read: Furniture Ideas for Your Luxury Home in Kochi

Conclusion

Luxury homes are a game changer for the real estate market in Kochi. The shift towards these lifestyle apartments has opened the doors to a lavish living experience without homeowners having to shell out too much money.

Varma Homes is one of the major builders in Kerala who have built several luxury apartments in different cities in the state. All projects are RERA-approved, and offer the best in class amenities to residents.

Step Into Your Dream Home! At Varma Homes, we offer an elite selection of luxury flats in Kochi designed for those who appreciate the finer things in life. Contact us now to discover your perfect match in luxury living.

FAQ’s

What defines a luxury home in Kochi?

Luxury homes in Kochi are characterized by their functionality, comfort, and innovative designs. They are typically constructed by reputable builders and feature spacious layouts with minimal space wastage, high-quality finishes, robust building materials, and state-of-the-art amenities like landscaped gardens, gyms, swimming pools, and smart home features.

How are luxury homes impacting the real estate market in Kochi?

The demand for luxury homes in Kochi is shaping the market by increasing competition among builders. This competition leads to more choices and better prices for buyers, as developers strive to offer unique amenities and attractive pricing to stand out. The result is a growing number of luxury properties that cater to modern homeowners who desire convenience and style.

What are the benefits of living in a luxury apartment complex in Kochi?

 Living in a luxury apartment complex in Kochi offers numerous benefits. Residents enjoy access to high-end amenities like gyms, swimming pools, and party areas at a fraction of the cost of having these facilities individually. Additionally, features like biometric access, CCTV surveillance, and smart home capabilities enhance security and convenience, making luxury apartments a preferred choice for modern living.

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