Buying a new property can be a very challenging task, as for a newly constructing property you will have to work along with the property builders. While buying a previously owned house, you can easily get enough and more information regarding it.
The flat builders with whom you have decided to work along or to buy your new flats from, make sure to get their complete details and do not forget to check the builders’ background or previous construction history.
The following are the most common mistakes that people make when buying a new property:
The most fundamental step in buying a new property is research. Select a city based on your preference and make the basic enquiries about its vicinity, safety, infrastructure and development of the area in the near future, etc. The home-buyers have a tendency to listen to other’s opinions and forget to do this crucial step.
Getting first-hand information is always better than relying upon secondary resources. Look for the lifestyle of the area to best suit you and your needs by checking the proximity to local markets, malls, schools and hospitals. These are the basic requirements to consider if you are planning to move in with your family.
Varma Maalika and Varma Regent of Varma Homes are the ready to occupy flats in Ernakulam which have already received an overwhelming response from the public. Both these carefully built apartments are accessibly erected in the prime residential areas of Ernakulam city.
The new luxury apartments of Varma Maalika in Thripunithura, specifically positioned at S.N. Junction is proximate to almost everything. The place is interconnected to temples, shopping malls, schools like Bhavans, Choice & Chinmaya; and connectivity to mini bypass, the seaport - airport road and more.
Varma Regent’s luxury flats in Edappally is nearby to all the prominent healthcare centres, famous educational institutions, popular hangout spots and other major commercial developments. Apart from the proximity to Lulu Mall, its easy access to Metro Station is an added advantage of Varma Regent.
Don’t forget about your financial status when buying a new property. Plan your budget accordingly and apply for a home-loan in advance to avoid any unpredictable financial crisis in the future.
This is just the right opportunity for you to purchase any of the under-construction projects progressing within the metro city limits. Under the Pradhan Mantri Awas Yojana (PMAY) 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.
The Government of India is planning to drop the GST rate for property purchases with an aim to push demand, under the Credit Linked Subsidy Scheme (CLSS) from 12% to 8%.
On booking Varma Homes, you can avail CLSS scheme under the PMAY on home loans and save upto 2.67 Lakhs (*Terms and conditions apply) and an additional 4% Goods and Services Tax (GST) deduction will also be available.
Don’t fall for the verbal promises of your apartment builders, later on you may face the challenge of not having your dream home built the way you wanted it to be. So in order to avoid making such a mistake, visit the worksite personally during the construction and afterwards.
Varma Homes strives to uphold their promise ‘Quality Assured Affordable Homes to All’ in every residential venture that they undertake. It is the essence of their mantra ‘Constructing Happiness’. The top builders in Kochi guarantees prompt delivery of their projects, as the motto of Varma Homes itself says “Varma Promises Timely Delivery” and they also complete their projects on time.
For an instance, both Varma Regent and Varma Maalika, the residential projects in Kochi (Hurry up, only a few units left!) were not delayed, instead it were delivered well before the agreed dates and their present clients are immensely satisfied with their ready to move flats in Cochin.
Urbanisation has ensured individuals from small villages and towns to find an abode in big cities. A good number of people in both upper and middle class from smaller towns are used to living in homes that have a lawn, a balcony, a compound filled with greenery etc. They want a similar touch to their homes when they migrate to cities for pursuing their careers. They also preferred to have their apartments or flats with high-end amenities to get the style and comfort of their modern life. Hence the demand for residential real estate in India has been progressing rapidly. The development caused a rise in the use of available lands for home building. So there is a huge demand for residential complexes but the space shortage is a constraint. Hence builders are now focusing on the best utilization of space and generating homes that packed with various amenities within the premises. For most buyers, location is the most significant amenity of any property. Beyond location, variables like the number of bedrooms or bathrooms, construction style, and floor space can determine whether a buyer looks further into a property. Amenities play an important role in the real estate market offering the quality of living, enjoyment and pleasure of the tenants. It also plays a crucial role in choosing a property. Hectic work schedules of people and the escalating stress levels, congested traffic conditions and increasing pollution levels, all these make for very stress-filled life. So house owners look forward to staying in an environment that calms their minds and reduces the stress levels. That is the properties with open spaces and essential amenities to get the ideal housing solutions. Yes, of course, city life can be a lonely life, with many relatives and friends living far off and traveling is a big problem. Hence amenities like multipurpose halls and parks make for excellent spaces to meet new people and socialize within the community. Amenities also solve the difficulty of engaging in diverse demographics. While children can use the play areas, seniors can take a walk in the park to breathe some fresh air. Youths and professionals have gymnasiums and swimming pools to put good use to their time. Therefore, there is something for everyone in a property that has amenities and open spaces.In short, we can say that amenities are the secret ingredient that makes people fall in love with their home. So most of the people are in search for better apartments or flats with all amenities to give them the essence of a happy, balanced lifestyle in their busy schedule. Varma Homes- The Best Homebuilders with the Best in Amenities Everyone must get opportunities for cultural, sport, community, leisure, and other activities. So that we are offering our clients just the right chance to enjoying their life amid a busy life through our exceptional amenities. Besides, amenities, we know that people need open spaces to catch up and do things that they like. Being the top builders in Kerala, Varma Homes is the first choice for housing projects. So if you looking for a super luxury apartment with exceptional amenities in the heart of Trivandrum, the state capital, then there awaits you Dr. Pai’s Heritage. It is a unique super luxury apartment project comprising of 2 and 3 BHK luxury apartments with all advantages of autonomous home. Get to know the High-End Apartment Amenities @ Dr. Pai’s Heritage Rooftop Swimming Pool Fully Automatic Lifts Clubhouse & Health Club Water Filter Solar Energy Utilization in Selected Areas Children's Play Area Roof Top Party Area Surveillance Camera Terrace Garden & Rose Garden Fire Fighting System Recreation space Provision for 24 hrs Power & Water Supply Facility Intercom Facility and Video Door Phone Sewage Treatment Plant Open Auditorium & Home Theatre Caretaker Room & Driver’s Room With its sheer magnificence and the high-end amenities, Varma’s Dr. Pai’s Heritage is grabbing the attention of many residents. Find the right luxurious apartments from Varma Dr. Pai's Heritage as we strive to make sure that you and your family experience a comfy and excellent lifestyle. Step in to the world of luxury and worth investment.Read More
“Seeing is believing”, therefore experiencing your new home through a sample flat seems to be a significant task for a home buyer, even though there are many important factors to be considered regarding this approach too. A sample flat is one of the marketing practices used by the builders to exhibit their clients of what they can actually offer in their proposed house. From the real estate developers’ point of view, it is much more effective than the traditional marketing techniques used such as banners, brochures, emails, etc. And from the home buyers’ point of view, it is an added advantage for them, as they get to see their proposed house with all its interiors done, well before the actual purchase of it. It is indeed an exciting experience to know how their abode will look like. Following are the factors to be considered while seeing a sample flat: 1. Have a look at two or three properties from the same builders to get an overall idea about their recent residential projects. 2. Go for trustworthy builders who can deliver their proposed projects on time without making any delay. 3. Use the sample flat as a sensible guide to know how your home might finally be like. 4. In order to get a clear picture of your apartment, have a look at the layout plan and the architectural drawing. 5. Prepare a cost estimate, well in advance before making a final decision on buying the apartment. 6. Read out the sale agreement carefully, discuss with your home builder then and there so as to avoid any disagreeable conditions in the future. Varma Homes, the top and the trusted builders in Cochin presents the sample apartments of Varma Regent at Edappally. The top builders in Edappally is all set with their sample apartments of the current ongoing residential project located at Ponekkara. Varma Regent, the affordable apartments in Edappally with all the luxury amenities, is on its last phase of completion. The 2 bhk luxury apartments ranging between areas of 862 sq.ft to 1357 sq.ft ensure all premium facilities on an affordable price range. And the project is likely to get accomplished by the end of December. Only a few units are left, as most of the units of Varma Regent are already sold out. Varma Homes is the best and the trustworthy home builders in Kochi whom you can count upon. All the home seekers out there, who are looking forward to buy apartments in Edappally, pay a visit to Varma Regent’s sample apartments near Lulu mall - one of the major attractions for someone looking for luxury flats in Edappally. For more details about flats in Edappally, contact us today. Call +91 9645 88 33 33 for more details.Read More
The home buying process isn’t an easy chore. The process can be lengthy, yet it doesn’t have to be overwhelming. When you start, it can feel as though truckload tasks are standing in your way of moving into your new apartment. However, the home buying voyage can be fragmented down into six simple steps to speed up the process to get your home faster. Check Your Credit Score Most people who are planning to buy their dream home, usually opt for a bank loan to subsidize their land dreams. To get your loan approval procedure in a short time, it is consistently a smart thought to check your credit/CIBIL score on the web. Your credit score plays an essential job in getting your home loan approved. A high credit score denotes that you have no outstanding loans or regularly scheduled installments. It likewise helps in processing your home loan procedure rapidly as banks always give prioritize to high credit score holders. Educate Yourself on Types of Home Loans Meanwhile you identify your credit score and have grappled with the way that you are qualified for a home loan, it is significant that you instruct yourself on the kinds of home loans accessible and the coverage you will get as an applicant. Based on your financial requirements you can also opt for either a fixed home loan or floating home loans. Start Looking for A Home Before you get ready to visit construction sites of apartments & examine shortlisted properties, first set your desired locality in mind. Then look at the real estate hot spots in your town and discover the edges of your city for the best deals. Also keep in mind that, you have to settle on a locality which furnishes you with all the social conveniences and amenities required for a trouble-free life and also comes within your price range. It is additionally critical to look at the appreciation rates of the zone and take a glimpse at the entire buying process from an investment point. Sifting properties according to the region will spare you a ton of time and keep you concentrated on your inquiry. Choose the Right Builder To speed up your home buying process, it is always a great plan to choose a credible builder. As, the most trusted real estate builder will definitely provide the best quality in terms of quality of material used, service, architecture and ensure hassle-free transactions. Because your entire life’s savings are going into your real estate buying, so you must compare, analyse and pick a builder who is the best amongst his competitors and is delivering what suits your requirements. Varma Homes is one of the leading real estate builders in Kerala with a reputed brand name & a plethora of finest apartment projects. Sign the Contract After an In-Depth Inspection Before you sign the agreement, ensure all the legal documents are in place. These records incorporate obligatory papers like the occupancy certificate, sales deed, & the recent tax receipts. You can verify all the documentation carefully through a lawyer and ensure that there are no imperfections found in the apartment and should do a last-minute inspection before finalizing the deal. Close the Deal After all investigations, confirmations and payments, the time has come to close this deal. Ensure that you get total ownership of the property and have it enrolled under your name. Make sure every legitimate cost like registration &stamp duty is paid for a smooth exchange of possession. Wrapping up By now, you know precisely how to speed up the home buying process, head out to Varma Homes for premium apartments with a range of amenities. We are constantly excited about delivering excellent apartments on time with our full efforts. As we realized that home purchasing is a significant investment of your lifetime, and you would not need to take any risks. Every Varma Homes creation is one-of-a-kind, and emphasize in constructing happiness for residents. We strive to not only surpass but uplift expectations. So, we have confidence in making real experiences that ought to be worth for your cash!!!Read More
Owing apartments in Kochi is the biggest dream of NRIs and the middle class people. Kochi is basically said to be an investors’ 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
Opportunities are cropping up for NRI investors amidst these unprecedented times. Like all other industries, the real estate sector was hit hard by the pandemic crisis, and it is now experiencing a significant spike in the niche market. This is mainly because those NRIs who have returned to Kerala as a result of the COVID-19 pandemic and subsequent lockdowns have learnt that investing in real estate is the right option for them. The market has turned more favourable for making investments in real estate, particularly in premium apartments and villas. With that being said, let’s take a look at how this time has become a golden era for apartment buyers.A Market In Favour of Apartment Buyers The situation has come to a point where apartments that were once considered a real luxury have now become a basic need for mankind. However, according to industry experts, now is the best time to buy an apartment in Kerala because buyers will likely get great offers and discounts from developers & property prices are expected to rise substantially in the near future. The residential real estate market has in turn become progressively lucrative for NRIs as transparency & investment norms have been eased. With lower interest rates for housing loans, stricter regulatory measures, and the significant drop in property values, have made the deal even better, creating an appealing investment opportunity. Taking the Big Step to get into This Good Investment WindowIt is everyone's dream to own the home of their dreams. When NRIs return from the Gulf with their hard-earned money, they're more likely to invest in an apartment with facilities in the heart of the city that fits their lifestyle. They are more focused on providing a good education for their children, a good standard of living, and all the other life-demanding comforts that bring the world to their feet. As an investor, their primary goal is to achieve financial stability while also increasing transparency and trust. Real estate is the best investment opportunity because demand for real estate is increasing, resulting in higher rents and, as a result, higher capital values. So, without a doubt, it is the safest investment option and the preferred choice for one's safety, stability, and security. Are you a Gulf returnee looking to invest your hard-earned money in one of the best cities in God's own country, Kerala, to buy your dream apartment? Take advantage of the current real estate market's opportunities; go ahead and put it to good use to achieve your lifelong goal. Make sure you buy your dream apartment from a reliable and reputable builder in Kerala.Find Your Dream Apartment from Kerala's Best Real Estate Builder If you have a strong desire to own your dream apartment and want to buy it from Kerala's most trusted builders, your search ends here! Varma Homes is the ideal partner for you because it is one of the Kerala's most trusted builders. We believe that happiness should be a worthwhile investment. With our perfect quality and integrity, we have earned the reputation of being a builder that customers can approach with confidence. In Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode, we have residential projects with excellent construction quality and all modern amenities, providing you with the best options for your long-term investment. If you want to own an apartment in your desired location, Varma Homes could help you! You will now be able to benefit from some special offers on our projects. It's a limited-time offer, so hurry up to realize your investment dream with us and embark on a new investment venture!Read More