KEY REASONS TO START REAL ESTATE INVESTMENT IN KERALA
KEY REASONS TO START REAL ESTATE INVESTMENT IN KERALA
Residential property investment is a big decision and is not an easy task. The processes are daunting but when we do it in the right manner at the right time; it will become the biggest asset in our lifespan. Now the real estate sector has gone through a vast deal of changes to make the home buying process simpler than ever before. If you are waiting for the right time to invest in the realty market, then wait no longer. Now the niche market is seeming a tremendous rise in demand for reasons like sparse area, rise in population, and immigration of individuals from different states and nations. So here are the top reasons why you need to invest in property at the earliest.
Time Lets You to Take Risks
People who begin investing in properties late in their life are often inherently more alert and careful with the investment decisions and are not ready to take any risks. Those people who are in the age group of the early 30s are ready to take risks and they often earn good gains too. Honestly, all investments are risky and if you put the risk at the right time helps you earn more profits.
Consistent Hike in the Price of Properties
There is no doubt that real estate is one of the safest investment you can ever make as it is always guaranteed to rise in value over time. For example, studies prove that Metro cities like Kochi & Trivandrum have recorded a substantial growth rate than in the last few years. This indicates that investing in the right property without any much delay would double the value in a few years.
Higher EMIs to Pay As You Get Older
Young age works in your favour when you are investing in real estate. In this age, you can save enough and also avail loans without much hassle. Here you get to pay a very less EMI on your home loan the younger you are. That is, when you are young, you get more opportunity to invest than in the older age. So, take plus of that fact. After all, you are young only once.
Loan Availability
When an individual starts investing in their early 30s, the odds for a financial organization to approve a loan is more because she or he would be having a stable source of income for loan payment along with a decent credit score.
No Rental Payments
Rather than spending too much of amount in giving the rent for your home, you can invest in a real estate and turn to pay the home loan EMI for it. It will be your future investment and it surely aids you more than paying for the rented homes.
Support Your Retirement Plans
The early age investment increases the chance for financial stability even at a younger age. So think about the savings for retirement from the age of 25s rather than the age of 50s. Life after the retirement is more challenging and complicated than it has ever been, so make proper plans for your retirement now, which in turn lead to a happier life after retirement.
If you are finally planning to invest in a home of your own, then visit Varma Homes, the most leading builders in Kerala. Our top-notch quality of construction and superb prime locations make our apartments the best choice for first-time home buyers. So, what are you waiting for? Owning your dream home may not be easy, but it’s definitely worth it when you realize it at the right time. Ping us to know more about our projects or visit: www.varmahomes.com
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A Big Opportunity For Gulf Returnees To Buy An Apartment In Kerala
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!
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THE NEW TRENDSETTER: COMPACT HOMES
As our nation is fast-moving from developing to a developed one, affordable housing is essential for living. The lack of non-availability of land, substantial land prices and the increasing housing prices have now become the driving factors for the significant demand for compact homes. Most of the nuclear families in India preferred for compact homes, as the large space is not in their priority list. They don’t like to spend their hard-earned cash on those unnecessary spaces. On the other hand, they opt for a compact home which helps them for additional investment expenses. Compact homes are easy to manage for the nuclear family, yet large enough to put up the future of their children. With growing urbanisation and migrating employees, the demand for small and smart homes is also on the growth. Migrating employees like to settle in a flourishing city for good. Progress in rural infrastructural development and government concentrating on affordable housing programs below their agenda of housing for all before 2022, the compact housing scheme has become one of the most significant aspects in today’s picture. So let’s check out some advantages of a compact home, which are making it a smart choice for home buyers. Affordable- Costs of smaller apartments are comparatively cheaper. The idea is in line with the government's affordable housing program. Not only this, these compact apartments are armed with all modern amenities which offer a modern & elegant living experience. More Energy Efficient- Compact homes are often more energy-efficient as they have less space to heat and cool, which means they have a lower environmental footprint. Less Maintenance & Cleaning required- Large houses need a lot of maintenance costs, while compact homes are budget-friendly and typically easy on utility bills. Small room means less time paid on cleaning and home maintenance. This has been a big bonus for family, as it means to spend more time outside, doing things you love. With the smaller space, you can do most of the maintenance work yourself and save cash the cost of labour. Optimal Utilisation Of Space- Small-sized apartments let optimal utilisation of space which usually lacks in large apartments and leads to space wastage. Compact homes are carefully designed to provide everything though guaranteeing that no space is wasted. Good Resales- Because of the high demand for compact homes, it's resale value is considerably higher. This means that owners of such homes can get a good return for investment on their home without any hassle if they desire to relocate or move into larger homes. Hence compact homes are trending a lot at current for numerous good reasons, the resale will be easy. Smartly Designed- Compact homes can be constructed to outfit a high functional lifestyle. With the smart set of principles, you can design these compact homes to get the feel like a spacious space. Such as using large windows for sufficient lightening and to lessen the compacted feeling, keep the ceiling length as high as possible, lessen as much as furniture and focus more on appliances of wall hanging, give a small utility area or balcony. Compact homes allow crafting the house reliant on one’s likings and necessities. You can easily introduce the latest trend of home decors in compact homes. As these have less space, the decor expense will be very less. Living small takes creativity, ingenuity and flexibility. A big home may be a dream for someone, but a smaller home may be the smarter and the flexible choice for those who need to save money and time. Now various reputed builder is developing compact homes with all the luxurious amenities that one could think of in big homes or villas. In place of constructing it in the house itself, they are building community-based homes and offering facilities for the whole community. This is the safest and smarter choice, as many buyers are looking for small compact houses to live at their favoured location, nearby conveniences, and the best thing is they get it at a reasonable price. What are you exactly looking for? Are you looking for such budget-friendly compact apartments in Kerala? If you are looking for your dream compact apartment housing project in Kochi, reach out to us, Varma Homes, the trustable name. One of our ongoing compact apartments in Kochi is Bougain Heights, located in the most tranquil living environ of Chottanikara. It is a 2 BHK & 3 BHK compact apartment with all the modern amenities including fully automatic lifts, intercom facility, children’s play area, gymnasium, firefighting system, 24/7 power backup, 24/7 water supply, surveillance camera, security, car parking, landscape garden, conference room and breath-taking surroundings with spectacular scenic view of nature. All together Bougain Heights is simply the budget-friendly compact homes with comfortable living, tranquil nature and beyond values. Give us a call to book this stylish apartment and make way for tomorrow’s soothing living!
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Varma Homes Raised The Curtain of Varma Regent
Finally, it’s time to live in the new residential project of Varma Homes in Kochi conveniently located at Ponekkara, Edappally with a total number of 40 exclusive apartments. On January 28, 2018 Honourable MLA Shri. Hibi Eden attended and hosted the project inauguration ceremony of Varma Regent, the immaculately designed compact apartments at Edappally. Varma Homes has already made a footmark in the real estate industry within a very short span of time soon after their establishment. And now with the inauguration of Varma Regent, Varma Homes has got a strong and firm root in the real estate market of Cochin. Varma Regent, being the budget-friendly apartment project of Varma Homes, it has already received an overwhelming response from the public. These carefully built apartments are accessibly erected in one of the prime residential areas in Edappally, Kochi. Varma Regent positioned at Ponekkara is a G + 4 tower apartment with 10 units per floor in 40 cents comprising of 1, 2 and 3 BHK flats ranging between area of 553 sq.ft to 1357sq.ft with all the modern amenities and quality construction. The amenities include Fully Automatic Lifts, Intercom Facility, Fire Fighting System, Children’s Play Area, Rooftop Party Area, Terrace Garden, Recreation Space, Fitness Centre, Provision for 24 Hours Security, Provision for 24 Hours Power and Water Supply Facility, Sewage Treatment Plant, Water Filter, etc. Apart from the proximity to Lulu Mall, its easy access to Metro Station is an added advantage of Varma Regent. It is also nearby to all the prominent healthcare centres, famous educational institutions, popular hangout spots and other major commercial developments. Varma Regent is an affordable apartment project from Varma Homes designed for a lifestyle of comfort and convenience. The new apartments in Edappally offer a choice of 1, 2 and 3 bedroom flats and an array of thoughtfully chosen amenities to enjoy commutable city living. Varma Homes is one of the most reputed builders in Kochi who values customer happiness above all. 'Constructing Happiness' was inspired by our firm belief in delivering homes that are affordable to all. Varma Maalika in Tripunithura is the very next project ready for inauguration. Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the other ongoing residential projects of Varma Homes. Many residential apartment projects from Varma Homes will be launching very soon in major cities of Kerala including Kochi, Thrissur and Trivandrum. On booking Varma Homes you can avail Pradhan Mantri Awas Yojana (PMAY) to save upto 2.67 Lakhs(*Terms and conditions apply) and an additional 4% GST deduction will also be available. If you would like to get more information about any of the projects please visit the website www.varmahomes.com. To make a booking enquiry please use the form in the website or telephone +91 9645 88 33 33 and we will get back to you as soon as possible.
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NRI Investments in the most expensive real estate markets
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.
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Consider location before purchasing a property
Whether if you are an expert property investor or a first-time homebuyer, the purchasing decision process for a property involves both time and energy. And when your desired location is in one of the booming real estate markets like Kochi Metropolitan area centred around the city of Kochi, then even more time and energy is required. Kochi’s real estate market is very active nowadays and with its price fluctuating, one need to conduct a thorough research on the ideal locations, metro connectivity, traffic volume, infrastructural development and the changing market trends; when purchasing a property in Kochi. During the research, one will get to know the importance of a convenient location very clearly. Indeed, the above mentioned factors play a vital role in the property purchasing process in the metro city. So before you actually settle down on one property, interact with the best real estate developers and validate the various other factors. Paying an adequate attention to these factors, while purchasing a property can make your living easy in Kochi and if ignored, these can become the reason for your inconveniences and losses. And shortlisting the properties at strategic locations can also offer best returns, if you are someone who prefer investing in. If we discuss more specifically about the most developing areas of the Kochi city i.e. Edappally and Thripunithura, and if the locations are chosen wisely for new luxury apartments, it will prove advantageous in many ways. If you have chosen the location according to your investment plans which is just for a shorter period of time, then it is highly advised to purchase a property located in a developed area or an area which is in its development phase. But if the investment plan is for a longer period of time, then there is absolutely no harm in opting for residential projects in Kochi as the locations are likely to develop at a faster pace in the near future. For those who have a joint family and are planning to purchase a property for their own personal use, then they are greatly recommended to seek for a location which can cater to everyone’s need. Those who live with young children can select a location which is neighbouring to renowned schools or other educational institutions, famous amusement parks and popular shopping malls in Kochi. And if your family consists of old parents, then choosing a location which is proximate to well-known hospitals, 24 hours pharmacy, temples, etc. will be a nice option. For the working class family members, the use of metro can save both your time and money when commuting to work. Varma Maalika and Varma Regent of Varma Homes, the most reputed builders in Kochi are the ready to move flats in Cochin accessibly erected in the most developing and prime residential areas of Kochi city. Both these carefully built apartments have already received an overwhelming response from the public. The 2 & 3 BHK luxury apartments of Varma Maalika in Thripunithura, exactly positioned at S.N. Junction is close to almost everything. This ready to occupy apartment is just 200 meters from Metro Station. The place is connected to temples, shopping malls, schools like Bhavans, Choice & Chinmaya and connectivity to mini bypass & the seaport - airport road. Varma Regent’s luxury flats in Edappally is adjacent to all the prominent healthcare centres, hangout spots and other major commercial developments. Apart from the nearness to Lulu Mall, its easy access to Metro Station is an additional benefit of Varma Regent.
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