When this 2020 rolled in, all was set to celebrate the colours of happiness, positivity, and love, but contrarily, we all got locked down in our homes. Due to this pandemic Covid-19, the whole world is facing a threat that will keep to haunt us for a long period. Individuals have seen crucial changes and disappointing depreciation of their investments. Moreover, the stock markets have crashed, fluctuating gold prices, equity funds and shares hitting a slashing low. So living in this period of crisis, we can realize that the best investment option is definitely investing in real estate. Hence let’s go through the reasons that will help you to better to think of investing in real estate during this lockdown period.
Based on data from NCREIF (National Council of Real Estate Investment Fiduciaries), realty market helped individuals to return an average of 9.85% over the past years. This is obviously higher than all other investments like equity funds, shares, bonds etc. Since real estate has high tangible asset value, no matter what is the current situation in the world right now, you can hold this asset tangibly that will increase its reliableness and return on investment.
Real estate is a tangible asset made up of property and the land on which it sits, and like other assets, real estate is also subject to supply and demand. Now the supply is less and during this time, supply-demand breakthroughs will remain to profit the investors. Investing in real estate during this time will definitely benefit the investors.
Real estate is the best asset class in the investment hoop, as a more reliable choice offering steady returns when it compared to the highly volatile stock market like gold or stocks, that might comes with increased risks and you might lose money. But when you invest in the realty market and rent out the property you can benefit a lot. The rental yield from the realty market is much high than returns on any conventional sources of investment. So real estate is one of the best attractive and stable income return even in this lock-down period.
In the wake of the Coronavirus outbreak, it is the right time for those who chasing a life goal to own their own beautiful home. With banks beginning to lower down lending rates, more individuals are expected to take the plus of the incentives to purchase residential property as the lower EMIs would nearly match their current rents. So if you are among them then no more waits, reap the benefits now!
Due to this crisis, NRI's coming back to Kerala post lockdown to settle their business, and so they will be looking for apartments which are as per their standards and within trendy design and construction. NRIs can turn this present scenario as the opportune time to invest in real estate on the shoulders of less home loan interests, currency devaluation etc. So go ahead, make its best use and realize your lifetime dream.
In short, amidst this coronavirus outbreak all around, it should be better to think of making an investment in real estate that will give you major returns in the future. This Lockdown period Varma Homes, the top builder in Kerala offers apartments that stand for superb quality, comfort and happiness packaged with ample incentives transforming lockdown blues to knock down your dream apartment into reality with lucrative offers. Use this uncertain time to choose the best ever secure and safe investment which guarantees higher returns and notable appreciation. Book your dream asset with Varma Homes, we have affordable luxury apartments in Kochi, Trivandrum and Thrissur and make a happy ending during this lockdown period.
Thinking about a second home, if you have enough savings to invest in a second home, it will be a very plausible idea with high-profit potential. Since the real estate market has always been a risk-free & safe investment choice. However, before you go ahead with the plan to buy your second home, you have to consider certain things like you have no overhead debts, you have sufficient reserve and emergency funds and of course, you have a good and stable source of income. If all these are fulfilled, you can head down to execute your plan for your second home. Going to own your second home has several benefits in terms of investment choice or getting a regular income. Here we list down some reasons you should go for your second home if you have enough cash for investment. • The Promise of Assured Rent With high real estate prices, the clearest benefit of buying a second home is the promise of assured rent. As rental income has improved manifold over a period which makes buying a second home to rent out is the right method for a stable regular source of income. Also with the implementation of RERA and GST in the real estate market, now investing in second homes for rental income will progressively more become a trend. • Adding a High-Value Asset Owning a second home is obviously another investment in your investment basket. Due to the fast pace of growth in the real estate market in India, the value of your home would also be getting higher. So it will give you a high-value asset over a while and this may be sold later at a high price to liquidate the asset. For the time being, one can add to the rental income in their bonus perks. • Retirement Home As retirement emerges on the possibility, many of us commence worrying about their money & where to invest to relieve their retirement life. But owning a second home is the ideal investment choice & you got the freedom to go to a place for a change that is fully yours. Alternatively, even you can move to that home if you find it more suitable for your happy retirement life, renting out the earlier one. Otherwise, a second home can be used as the fixed source of income after your retirement if you put it on rent. • Tax Savings Buying a second home also comes with the extra incentive of tax savings. i.e. If you have taken a loan to own your second home, you can get tax considerations up to Rs 2 lakhs towards the interest paid & a tax deduction up to the total paid towards interest when the home is let out on rent. This aid you save tax on the loan simultaneously, adding up a high-value asset. • Savings for Future Purpose Despite providing extra rental income & tax benefits, second homes are considered good investment choices for the future purpose like children’s education, children’s marriage, retirement, future emergencies or events. Emergencies always come unexpectedly, so based on your financial state, you could very well sell your second home and use the cash to deal with your financial burdens. So, now we have seen the perks of owning a second home. In the meantime, if you want to buy a second home for investment? Check Varma Homes projects right away! Visit: www.varmahomes.com. Being the best and the most promising real estate builders in Kerala, you can completely trust Varma Homes for your future investment choice. We have our ongoing residential projects in major parts of Kerala like Kochi & Thrissur & Trivandrum. So believe in us, have the best home and get the best experience with us.Read More
Purchasing a house is a major responsibility & it will be the greatest buy you make in your lifetime. Purchasing the correct one takes a great deal of time and research to find a property that matches with your long-time dream home requirements. Obviously, there is the challenge that ties in with finding a house which you can afford & enjoy for quite a long time to come. Also, it might be ideal if you save a cradle sum for a few different costs that are engaged with home purchasing. We are not mentioning the initial EMI costs or down payment that you need set up prior to booking your home. On the whole; here we are discussing different costs apart from home purchasing. Registration & Stamp Duty charges: There are registration & stamp duty charges that you should pay against your property. These charges become judged based on property value. Stamp duty is a mandatory payment that the purchasers give the government to register the apartment in their name. Registration and stamp duty charges in Kerala is typically 7 to 10% of the whole property cost. Maintenance Charges: Apart from registration charges, you should save some additional cash for the maintenance costs that you need to pay the builder. It is primarily a fee for maintenance of the amenities & facilities provided by the builder. Real estate builders usually take as long as a year's maintenance charge at the time you move into a new apartment. The maintenance costs fluctuate from one property to others as it relies upon the type of amenities it offers to the purchaser. Parking Charges: As well, there are also parking charges. You should pay an extra sum for the assigned parking area. In housing buildings, each flat or apartment benefits with a selective parking spot with your home number imprinted on it. You will bear an additional charge for it at the moment of purchasing the apartment & gain with problem free & easy parking each day. Property Tax: Another cost is the tax you need to pay against your property to the state government. The amount of tax depends upon your property value & it can vary from one state to another. Accordingly, you can get the estimation done in the initial stage itself. Even though you may the alternative of paying this amount on a month-to-month basis or quarterly or yearly basis. Interior Costs: Once you purchase your own home, you will have a plan to design it in your own way. For this one, you have to spend some amount in getting the interiors done as per your requirements & preferences. This spending can charge quite a fortune relying upon the specific nature of interior work being embraced. Preferential Location Charge: It is an additional charge that gets required when you book a flat or apartment with a specific location, floor & view. You may have to pay an additional cost for a home with a lake or garden view. So preferential location charge is an extra charge which every builder will impose & it will vary with the builder. Apart from this, you will likewise need to save cost for moving your things from the existing area to the new apartment. That is relocation cost, for this you should save some additional cash for the movers and packers services that you profit. So, when it comes to purchasing a house, you have to think about the above-mentioned costs and should have a different financial plan for it. If you are wanting to purchase an apartment from the most promising real estate builder who will clarify you about every costing associated with home purchasing, then trust Varma Homes. Being the top & most demanding real estate builder in Kerala, you can completely trust Varma Homes for your dream home, which will definitely be worthy of your hard-earned money. We do charge these costs yet we will inform you concerning each cost, & you can choose the property likewise. You can select your dream home as per your requirements & budget from our different residential projects in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. You can learn more about our projects on our website and connect with our team today for making your lifetime deal with us!Read More
The 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
Materials are the solution to a well-functioning building, as an excellent structure can only be achieved with high-quality materials. When you buy a house or a flat, it is essential to have clear information regarding the quality of the products used at the time of booking. The materials used have a significant impact on the construction quality. The choice of building materials will determine the ultimate durability, longevity, and style of the building. That is where Varma Homes reigns high as the top builder in Kerala. At every step of construction, Varma Homes ensures quality to build a dream home because we value customer happiness above all. It can be difficult to choose the best product option for diverse needs. Therefore, in the construction industry, material selection is an important part as a number of aspects must be considered. As a trusted building partner in Kerala, projects of Varma Homes achieve optimal results by selecting a product or brand that mainly focuses on the following factors:1. Supreme quality: Only high-grade materials are sought after for all our projects, and hence we choose a brand that serves this purpose. These supreme products are capable of adapting to the varied climatic conditions without degenerating. The materials we select ensure the longevity and strength of the building structure, thereby becoming a profitable future asset for the user. 2. Availability: Brands with readily available stocks are another major factor we prefer. The availability of materials determines the finishing time of a building. Locally obtainable materials are our time savers, through which our work gets smoothly completed. This is one of the reasons why we earned the title for completing 6 projects within a span of 5 years ahead of schedule. 3. Cost: When searching for different types of construction materials, the prices have soared and always vary greatly. We believe that looking for the cheapest products is not always the best option because, if we don't consider their lifespan, we may end up having to restore them frequently, which is costly. We pick only construction materials that are both cost-effective and will last a long time. 4. Service: A great product gains our trust and we would vouch for it in the future too. Service is a pivotal aspect that strengthens a project from its inception to completion. As success is a combined effort, we opt for materials that provide us with the best service. By doing so, we have risen to great heights. When we choose vendors certain other points are taken into account such as:1. On-time delivery: We only work with vendors who deliver products on time, every time. Even minor project delays might result in dissatisfied consumers and financial losses. As a result, we only work with vendors who produce products on time to avoid delays in our work. 2. Wide selection of materials: A great vendor would have a wide variety of items and supplies on hand. This way, we can get all of the goods we need in one place. This helps us save time by eliminating unnecessary delays in procuring from various providers for various projects. 3. Proven experience: Using a supplier who hasn't been around for a long time is always a risk. That is why we take care to collaborate with vendors who have extensive experience in this industry. Senior managers and the sales team of Varma Homes are involved in deciding on the brand or material for a project. We choose the final brand or material only after considering their suggestions. The most important thing is that we never cut corners on material quality to save money. During the material selection process, the purchase department of Varma Homes places the greatest emphasis on this element. Sustainable InitiativesExtensive experience has shown us how much waste is generated in the construction of not only buildings, but any structure for that matter. We intend to employ every component that goes into construction cautiously and properly in our projects for a productive cause. We also have an IGBCE LEED Certificate in this area. Since its inception, Varma Homes has effectively established itself as one of Kerala's most trusted builders. We started with residential developments in Kochi and then expanded to Trivandrum and Thrissur. Our main launches will take place in Calicut and other major cities in the near future. It is our full-time goal to provide the best value and service in our price range, and we've succeeded time after time. It is because we believe in constructing happiness for everyone by fulfilling their dream abode.Read More
Picking the right sort of home to live in is one of the greatest and hardest choices you should make. As homes are viewed as long haul investments, you should be sure that you've picked the home that is most appropriate for you and can fulfil your family's needs. When it comes to purchasing an apartment there are usually three kinds of apartment you can select from such as pre-launch, under-construction & ready-to-occupy apartments. Ready-to-occupy apartments are getting profoundly searched after nowadays, because of the various advantages a property holder can profit. Have a look at some of the benefits of investing in ready to occupy apartments. No Waiting Period When you invest in ongoing projects, you may have to wait for a longer period than you expected. This delays usually happen due to various reasons. But when it comes to ready to occupy an apartment is that there is no waiting period. The buyers can directly examine their apartment and there is no need to go through the brochures to get a notion of how the apartment will look at the end. That is, we can enter in our apartment at our needed time without having to deal with frustrating delays in pre-launch type. You Get What You Pay For When a property is under construction, the purchaser needs to make suppositions on how the apartment project will turn out, in light of the floor plans & master plans. It is a little bit difficult to visualize the specific unit bought & the qualities of the amenities. In ready-to-occupy flats, you can experience your home and see the layout from each room. The quality of the project can be fully experienced with our eyes and then the investment can be made. This will guarantee that the investment will not go bad anyway. Also, another advantage is there are no surprises in ready to occupy apartments. Get Rid of Rental There are chances that individuals purchasing apartment might be living in leased homes. The individuals who select the under-construction projects should wait for a longer period. But for individual who opting ready to occupy apartment can move into their new home as quickly as time permits. This will assist them with saving their lease cost. Numerous individuals who are paying high rent or journeying far for their work tend to buy the ready to move flats since they need a quick break from the high rent or travel cost. Purchase Within Your Budget In ready-to-move flats, you can choose a property reliant to your budget preferences. You get ownership instantly after paying the necessary cost for the apartment. There is no way of expanding the cost of the property, in contrast to properties under-construction projects. Free of GST Ready to move flats are not under the limits of Goods and Services Tax (GST). So, you can avoid taxations completely if you opt to purchase a ready-to-occupy property. However, if you have purchased your property with a home loan, you can guarantee tax benefits from the exact year of purchasing the property or getting the ownership. Get to Know Your Neighbours In a ready to move in apartment, you can identify who your neighbours are, what kind of community, what they do, where they work, whether they are approachable and much more. The society you stay will definitely create an impact on your kid’s lifestyle too. Grounded on all the points mentioned above you can choose on whether to stay in this society or not. So, ready to occupy property grants you the odds of selecting the environment that you wish. No Pre- EMI Ready-to-move-in apartments don't need pre-EMIs as you will be paying EMI for something that is totally in your possession. In case, if you are planning to take a home loan then ready to occupy apartment aid you from not losing money on pre-EMI charges. As you would know, EMI comprises of your loan amount and interest components. These were a few of the benefits of purchasing ready to occupy apartments. If you are in the market for a new apartment, then enquire with Varma Homes today. We offer a range of projects at different locations of Kerala like Kochi, Thrissur & Trivandrum and is well-known for designing and developing homes that are reasonable and imbued with a host of cutting-edge amenities. If you are looking for any ready to occupy apartment at Kochi, Varma Homes has 2 projects to offer – Varma Padipura and Varma Maalika Block II. Varma Padipura is nestled behind Kalikotta Palace, Tripunithura, Kochi. Away from the hustle and bustle of the city but gives you sound access to all modern conveniences that today’s world demands. It offers high-end apartment amenities and easy accessibility, which stand for top-notch quality and luxury with the essence of life. Varma Maalika Block II is located at S.N Junction, Tripunithura. This project is just 200 meters away from the Kochi Metro. Both the projects have completed ahead of schedule. Choose your apartment and start living at your dream home in Kochi. Ready-to-Move- in Apartments in Kochi! Hurry Up! Only A Few Units Left…Read More