Reasons Why Luxury Flats in Kochi Are Worth the Investment
Reasons Why Luxury Flats in Kochi Are Worth the Investment
Buying flats or apartments is a very important decision that involves essential planning. Location is one of the supreme features that we look into when looking for a spot to settle down. We all have that dream to buy our dream flat or apartment with all the modern apartment facilities.
When looking for a place to live with your family, Kochi is an ideal location. It has the availability of good flats and apartment associations that suit various budgets, provided with the amenities of your choice.
Kochi is a place which accepts all cultures. Also, people who try for a better job and better education, opt for Kochi as one of their choices. So, we can say Kochi is the city of the future.
So, whenever you are surfing through internet and wondering that, "are there any new flats for sale in Kochi?", remember these points that why Kochi is a hotspot to invest in a luxury property right now and invest without giving it a second thought.
Quality of living
Positioning itself in the list of best smart cities in the country, Kochi city has a lot to offer along the lines of improvement of life of its citizens and the quality of life is unparalleled with any other city of the state.
The cosmopolitan city that is less crowded (compared to other metros of the country), has a community that enriches the quality of life. Along with its prominent educational and health-care institutions that are within reach, it promotes well-being and peace-of-mind among its inhabitants.
A Good Cultural Environment
These days, Kochi has emerged as one of the cosmopolitan cities because people from other parts are relocated here to lead a better and wealthy life. Most of the people are suave, educated, cultured, and well-behaved. So, if you buy an apartment from a pre-eminent builder at a prime location, you will get good neighbours and companionship, and this will surely uplift your social image and life. Most of the residential areas are thronged with good and well-behaved people and thus, you will be able to provide a healthy and good environment for their upbringing.
Moreover, people are amiable and helpful, so if you need any assistance, you will get it. These kinds of friendliness and cooperation you may not get at other places. Though people are friendly, they don't interfere in other's personal life. So, you can enjoy your privacy without compromising your style of living.
The economic capital
Ranked among the topmost emerging cities in the country, Kochi is also the economical capital of Kerala. With the residential value constantly increasing in the last decade, the real estate market has witnessed unprecedented growth in terms of capital values and development activity and is expected to see continued growth across all parameters.
IT boom
The technical boom is still evolving in India and is expected to rise even further in the coming years. Kochi, being home to many big multinational companies, IT companies, and start-ups, has huge job opportunities for a large number of people. With the value for properties and land constantly on the rise, the IT boom is directly or indirectly impacting the way Kochi is growing.
Connectivity
Since its olden days, Kochi has been one of the most happening cities in Kerala and is still one of the busiest port cities in India. With the state's only metro-rail transport to its credit, a smart city tag, and an international airport, Kochi is very well connected to the rest of the state, country, and world.
National Highway 66 (Old NH-47) one of the longest and busiest National Highway runs through Kochi connecting it with the Northern and Southern parts of the state. Two of the major railway lines of the state also go through Kochi, making it a transportation hub.
Has Positive Ambience for Property Investment
The laws regarding real estate investment in Kochi are very facile and straightforward. You may not find any difficulty while accomplishing your real estate purchase. Moreover, the state has strong and robust networks of real estate consultants and agents who will help you in finding the most suitable apartment in Kochi.
The entertainment hub
Along with the professionals, Kochi is also the favorite spot for artists, filmmakers, and the general public. With its abundance of spaces for recreational activities, Kochi has a lot to offer on the lines of fun and entertainment.
Competitive Pricing for the Property
Competitive pricing is an important factor that you should consider when you are planning to invest in the real estate market. Kerala is a state that offers real estate properties at competitive prices. Though the state offers a chunk of properties with a comfortable and satisfactory condition, still, the pricing is lesser as compared to the other states of the country. So, you will be a gainer if you purchase an apartment in Kerala.
Also Read: Why Kochi Is the Perfect Place to Buy a Flat Right Now
Climate
Comfortable and convenient weather are two prime factors behind the popularity of real estate properties in Kochi. So, the climate is another prime reason that people are migrating to Kochi to lead a comfortable life. This state offers a similar kind of temperature throughout the year. Kochi observes a moderate temperature during the summer and the winter. This means you can lead a comfortable life here throughout the year. This is the main thing that you never overlook if you are planning to purchase a property at a certain place. Because you don't want to invest in such a place where the climate is too extreme.
Another reason that was instrumental in driving up property prices in Kochi are the government's initiatives like single window clearance and concessional power tariff. The Kochi metro rail was also a boost to Kochi's reality market.
If investing in property has been on your mind, then let Varma Homes guide you to the house of your dreams.
Releated Blogs
Is Buying An Apartment Better Than Renting One In Kerala?
The desire to have a place to call home is what provokes the majority of people to own an apartment. But sometimes, they are stuck in the EMI vs rent dilemma and hence they are hesitant to take a good decision. Many questions may arise, such as whether it is sensible to pay more for an EMI when I can rent it for a significantly lower price, or whether I can handle the bank loan interest, and so on. Yet, in the end, most people choose to settle down in their own home. Now it seems that the residential real estate industry is at its best now with several favourable factors that force people to buy an apartment in their favourite location. People can access loans at historically cheap interest rates now. Owing to the RBI's decision to lower the repo rate, home loan rates have fallen below 7* percentage, compared to 8-9* percent a year ago. If you have adequate monetary wealth, you can purchase an apartment. Though, if you do not, then also, you can try to purchase a home with EMI. After paying high monthly rent, you will eventually buy your home. Paying EMI is better than paying high monthly rents. After all, finally, you have your own property to call "Home". In the case of renting, rent is a monthly payment that does not result in the creation of any physical asset. Paying EMI, on the other hand, has important impacts: it not only gives you present shelter but also advances the proportional possession of the property. While it is true that renting relieves one of the stresses of EMI payments, property taxes, & other legal concerns that come with owning a home. Unlike apartment owners, renters do not have to pay for maintenance or repairs, & they do not have to pay property taxes. However, owning a property as an investment might save you a significant amount of cash, thereby leaving you to build equity and also the appreciated land value will promise you a huge return on your investment. Make the Correct Decision! Owning your own home is desirable, & the time is when you can afford it. Affordability is usually a crucial factor when it comes to purchasing your own home. As a rental, you will not find a decent property for less than 15-20k rupees in a good area, so even if you stay there for 15 to 25 years, you won't have a home to call your own. However, if you buy it with a home loan, you have a home of your own; you won't have any trouble settling down when you retire, a home increases your net worth & credit score, your future generations have an edge over others, and so on. Without a doubt, owning an apartment is a worthwhile choice rather than renting one. Renting does not allow you to build equity in the same way that buying an apartment does. Also, your rent could increase at any time. You're perhaps under the control of your tenant, who may order you to leave or defer repair demands. But, when you take out a loan to purchase a home, you're already mindful of the EMI you'll have to pay over time. But it is worth than renting. Let's look at a real estate property in Kochi as an example. Consider the following scenario: You need to pay 20K average in rent to get a housing, with around 5% increase in rent per year. The rental range will increase in the next ten years too. On the other hand, if you purchase a nice apartment for 40–60 lakh & pay an EMI of 30K with today's lower loan interest rate for a period of 20 years, you will save a huge amount in the long run. Also, it might be possible that in twenty years, the price of your apartment will also increase. So, think about whether you want to invest in it. That is, do you want to pay around 2.5 lakh in rent per year or do you want to own a house that will be an asset to you? Wrapping up, In fact, renting has its own set of benefits, such as flexibility, HRA, & lower monthly costs, among others. But when it comes to apartment ownership, it offers a long-term investment with the potential to create equity & raise the value of your house over time, as well as tax benefits & the option to transform your home into a source of income & integrate yourself into your community. Furthermore, by taking the step of purchasing your own home, you provide greater stability for your family's lives as well as their social lives. Besides, the sense of security & pride that comes with owning a house is unrivalled. And it is better to own your dream apartment through a mortgage, since it'll be all yours after a few years & you won't have to pay for it. But a rental house will always be for rent & you'll be paying for it for as long as you live there. Hence, it's quite obvious which option is the greatest. So, don't get caught up in the buying vs. renting debate any longer! Buy your dream home with Varma Homes, one of the leading builders in Kerala, offering apartments in Kochi, Tripunithura, Thiruvananthapuram, Thrissur and Kozhikode with top-notch amenities.
Read More
2 BHK OR 3 BHK? Know Which One's Best For You!
While buying a dream house many people have to go through this question "2 BHK or 3 BHK" which one to buy? This is a very tricky question for sure but no worries, we have the solution. This blog will help you make a judgment on the capital energy of Real Estate Investment, with a contrasting measure choice between a 2 BHK flat and a 3 BHK flat in Kochi.Choosing the correct one is very important for your future as well as your family. There are a lot of factors and parameters which will affect your decision on the buying process of your dream house. Let's discuss the details.BudgetIf you are on a tight budget, then go for the 2 BHK apartments. They offer a decent amount of space for your family, along with the pride of ownership. But if you aren't tied down by financial constraints, a 3 BHK apartment will give you a much better lifestyle - at a nominally larger cost.FamilyA 2 BHK makes good sense for bachelors and young couples as there will still be a room leftover to serve as a guest room. But for growing families with kids or live-in parents, a 3 BHK makes more sense and provides enough space for everyone. Most people buy homes once in their lifetime, so plan for the future too while buying.Rent/ResaleAs far as renting or resale is concerned, it's easier to get tenants and buyers for a 2 BHK when compared with a 3 BHK apartment. However, that doesn't mean that getting a buyer or tenant for a 3 BHK is impossible - it's just that it might take a little more time, that's all!DesignFor those who prefer minimalist lifestyles where space isn't a major requirement, then 2 BHKs are ideal. But for those with greater space requirements such as those working from home, then a 3 BHK makes a better choice as it offers greater space and privacy for a peaceful home office.Home MaintenanceHome maintenance is an important part of daily life and when it comes to keeping up with the cleaning chores, a smaller 2 BHK apartment is definitely more appealing. For those looking for homes that are low on maintenance, then 2 BHKs are the answer. By comparison, 3 BHK apartments are larger and require greater effort to keep them clean and orderly. The best option is to just hire a maid and buy the 3 BHK instead!InflationIf the inflation rate is high, the construction rate, interest rates, etc. also become high. Inflation has a direct impact on real estate agents and their properties. As we know that there can be even more increases in property rates and prices. Thus, it is very important to make the decision in a shorter span of time. If the inflation rate is quite normal then you should go for 3 BHK and if the inflation rate is high then you should choose 2 BHK flat.Loan AmountLoan or mortgage amount also affects the choice of the size of your house. If the permitted loan amount is more with the affordable interest rate, then you should always choose the 3 BHK flat and if the loan amount is less and the interest is comparatively more than 3 BHK will not be considered the right option. It won't be affordable for you and will be out of the budget. In this case, a 2 BHK flat is the best & affordable option.Also Read: What are the Common Mistakes to Avoid While Investing in Real Estate ?PropertyBefore finalizing anything be sure about the property you want to make your dream house at. If your desire is to buy a 3 BHK flat and your budget permits you to do so then you should always buy the one! But if not then you can even get good property ranges in the 2 BHK flats. Varma Homes provides a great life experience regardless of the specification you go for.Varma Homes, the most trusted and reliable builder in Kochi, celebrate with you all your enjoyable moments in life with your family. Potential homebuyers are currently welcome to visit and feel sample apartments ready at Varma Homes. Visit the show home to have a peek at your fun-filled dream home.
Read More
Luxury Lifestyle In Flats In Trivandrum: Why Should You Consider This?
Living in luxury Trivandrum apartments is a hot issue. People are being pushed to opt for flat life due to the increasing shortage of land for building construction and the consideration of easy access to city resources. Flat living offers advantages and disadvantages, with the advantages being on the higher end. In Trivandrum, the flat life is making way for a new style of living.There are benefits and drawbacks to living in an apartment. The occupants can live a comfortable lifestyle with all of its amenities at their doorstep, which is one of its benefits. A flat is a comfortable place to live with all the conveniences you could possibly need, including a kitchen, bathroom, television, and other entertainment equipment.People who favour independent homes over apartments contend that they can never have as many conveniences under one roof as they can in apartments. They complete all maintenance tasks on their own, including plumbing and pipe repairs.The city boasts a cosmopolitan culture that combines Travancore and Malayalam influences. According to a study by the Centre for Cities, Trivandrum is the most livable city in India. With a strong foundation in the tourism, IT, and manufacturing industries, the city is a developing IT cluster. The city has rapid economic growth as a result of a large number of tourists it draws both domestically and internationally.The advantages of apartment living in Trivandrum are outlined below.1. LocationProximity and accessibility are two of the main advantages of apartment living in Trivandrum, with top builders delivering luxury apartment developments in the centre of the city adjacent to essential infrastructure amenities and conveniences like IT parks and commercial centres.2. AmenitiesIn comparison to standalone homes, apartments offer a variety of amenities like swimming pools, clubhouses, indoor and outdoor sporting venues, rooftop party spaces, parks, etc. to support a pleasurable and fulfilling living experience.3. SafetyApartment buildings are more secure than standalone homes since they have 24-hour security and CCTV systems. Apartments are a great option for older people and single women because of their close neighbours.4. Financial benefitsLiving in an apartment has much better financial advantages than developing or purchasing a home. Additionally, renting is less expensive than buying a home. Apartments also have significantly lower utility and maintenance costs in addition to lower monthly payments.5. CommunityApartment residents come together to establish a tight-knit neighbourhood. Apartments offer a rich social life and strong neighbourhood ties. This guarantees that living in an apartment will never be boring.In conclusion, renting an apartment in Trivandrum is a wise choice for a high standard of living. But there are numerous things to take into account while purchasing a Trivandrum apartment. You must make a carefully considered and educated conclusion.Varma Homes in Kerala is one of the most prominent home builders. We value customer happiness above all. We envision a clarity in our thought processes which would eventually pave the way to build quality homes delivered on time and aspire for the betterment of the environment, the general public, and our business. Contact us and enjoy your relationship with your dream home builder.
Read More
Things to Focus Before You Purchase an Apartment in Cochin
Things to consider before booking your apartments in Cochin Are you dreaming to own an apartment in prime locales of Kochi? There is no shortage of rich housing choices in a metropolitan city, and Kochi is not exempt to that norm. Though, those who have searched for an apartment in Kerala's economic capital, Kochi might have understood that it’s not at all an easy chore. Purchasing an apartment in Cochin need to have a big deal of thinking and evaluation of various factors before fulfilling it. So, when you are planning to buy an apartment in Cochin, you always need to put some additional care and effort. When you decide to invest your hard earned cash on buying an apartment, consider these 9 factors before you jump into the final decision. 1. The Reputation of the Builder Yes, the reputation of builders plays a role. Purchasing an apartment from the reputed builder, to some degree, assures that all their promises will be fulfilled. Through their previous projects, you get to identify to what point they stand on their promises and what quality they deal with. 2. Excellent Connectivity It is another key thing to check before purchasing an apartment in Kochi. If your apartment is well connected with hospitals, retail shops, bus stops, medical stores, accessibility to the city, ATM, schools and your workplace then the whole thing will become more comfortable for you. 3. Essential Clearances Most importantly, you do not want to get jammed in some project where the mandatory clearances are not settled. So before you take a big step, check thoroughly significant legal documents and clearances. 4 Amenities Should Meet Your Expectations You need to check that the apartments you have shortlisted meet all your expectations about the amenities available in the area also. Like your apartment should be in a loop of short distances from Your Work Place, Shopping Malls, Educational Institutions, Hospitals, Parks and so forth. The cost of your selected apartment usually depends on the amenities provided, land cost, location, construction quality, used materials, possession date and nature of the project. 5. Safety & Security A natural disaster and its concerns can change your life, and result in the need for you to move on to another property. So always look at the high-performance apartment building that is a bit safe from all natural calamities and designed to adopt strategies for disaster resistance. The installations of safety features such as emergency alarms, exits, earthquake-resistant materials, basement flood pumps, fire hoses and extinguishers in apartments enable homeowners to get bigger protection from such unprecedented events. When choosing an apartment for you to ensure that the apartment has the right security arrangement like the facilities to block all unwanted salesperson, suspicious strangers and beggars. Although the family goes out of the city for some days your home is going to be secure and safe. 6. Discover the Essence of Luxury Living Close To Nature Stays on the soothing natural environment in the heart of the city are more comforting and peaceful. So discover apartments that have serene park views or that is within walking distance of green grass, bushes and trees. Altogether, the atmosphere stimuli your mood, so it is best to be in an abode where you have the least stress and you will find your sense of peace returning. 7. Future Valuation Property investment is sensible only it brings redoubled returns in future. You would possibly be shopping for an apartment to reside, you never know when you need to own a new apartment with a lot of facilities and sell the current one. So when it comes up to purchase an apartment consider the future valuation of the property. Kochi with its increasing traffic, pollution and frantic life, most of the people are looking for a residential zone that is in close proximity with IT HUB, open gates to nature and heaps of luxury to pamper them. To fulfil their dreams, Varma Homes, one of the most prominent builders in Cochin offers you luxury apartments in the prime locations of Queen of the Arabian Sea. Our major ready to occupy apartments in Cochin like Varma Regent and Varma Maalika has already received an awe-inspiring response from the public. We invite you to join our fast growing community of satisfied clients where you can meet the unmatched quality of living spaces and all the essentials for practical living. Now we are come up with a new prestigious project “Varma Bougain Heights Purple “at the central location of Chottanikara which is the perfect blend of serenity and accessibility. So make your first move, take a visit to our new project where words are not enough to define the splendour of Bougain Heights. You need to experience it, invest in this compact apartment and get guaranteed returns. Above all, enhancing the quality of life and constructing happiness are the key aspirations for Varma Homes. You can discover and experience all these factors for the peaceful living in all the houses of Varma Homes. So why are you wasting your valuable time in search of a luxurious, comfortable and elegant apartment in Kochi? Varma Homes is your best choice. Give us a call to book the fanciest most exclusive apartments in Cochin. We’d love to help you!
Read More
Varma Regent - Compact Apartments at Edapally
Varma Homes takes the deepest plunge to make happiness, possible. Varma Regent, compact apartments is being built at Edapally by the best builders in Cochin. Taking into consideration the uniqueness and the sophistication of affordable luxury homes in the finest of the locations, Varma Homes have gone all out to constructing happiness. Varma Homes, we are the best property builders in Kochi offering new luxury flats, apartments, and residential projects in Kochi, Trissur, and Trivandrum. The art of design is a craft only a few are blessed with. It takes passion, drive, and immense courage. On a mission to Construct Happiness, Varma Homes, the best home builders in Kerala are on the path towards pioneering exquisite lifestyle. The world is moving faster than you can imagine. There's always a need and the urge to be different. To standout in the crowd and make every second count. Every choice noticed, with envy. There's a corner in the world where the entire bustle melts away. And there's nothing like going back here – an affordable luxury place you can call your own, here at Varma Regent. Varma Regent is the current ongoing residential projects of Varma Homes at Edapally. At Varma Regent, located at Ponekkara, to say 'convenient' is an understatement. Kochi's fast paced culture is at the doorstep with the phase I of the Kochi metro commencing up to Edappally. It takes immense courage and deep visualization to make a dream home come true. The unique combination transcend to a whole new realm of affordable 2 & 3 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft. We know how important it is to have an inside that is as beautiful as your outsides. Our insides are carefully done, giving the terms affordable luxury and comfort a whole new definition. The NH 47 provides swift access from the City to the outskirts and beyond, a city within the city. Ensuring that socializing and shopping are catered for at ease, indulge in a shopping spree at the popular lifestyle shopping destination of the South. People are well connected to the best and the biggest healthcare centers in town – AIMS and Aster Medcity. Everybody is good at something. For Varma Homes, it's building living spaces. To build a place where one can find all the comforts and finally call it home is what we do best at its best. If you are looking to buy an affordable apartment in Edappally with luxury amenities Varma Regent is the best option. Register your interest now!
Read More