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!
Trivandrum, the capital city of Kerala, has emerged as a top destination for new home buyers in recent years. With its strategic location, well-developed infrastructure, and serene environment, Trivandrum has become a hotspot for real estate investments. The city's booming IT sector, improved connectivity, and easy access to high-quality healthcare and education facilities have further propelled its growth in the real estate sector. This article will delve into the reasons why Trivandrum is the right place for new home buyers in Kerala, exploring the city's unique advantages and highlighting the key factors driving the demand for real estate in the region. Excellent connectivityTrivandrum has an excellent transportation system and is well-connected to the rest of the state and the country. Trivandrum International Airport, which offers regular flights to major cities in India and overseas, is located in the city. The city also has an extensive railway network, with many trains linking Trivandrum to important Indian towns. Trivandrum has a robust road network in addition to air and train access, with multiple motorways and state highways linking the city to various regions of Kerala and adjacent states. Trivandrum also has a strong internet and mobile communication infrastructure, with multiple internet service providers and mobile network operators offering dependable services. Quality educationTrivandrum, also called Thiruvananthapuram, is well-known for its excellent educational system. Many notable educational institutions, including universities, colleges, and schools, are located in the city. The University of Kerala, which is located in Trivandrum, is one of the oldest universities in India. The institution provides undergraduate, postgraduate, and doctorate studies in a variety of fields. Trivandrum also boasts a number of colleges and institutes that provide professional training in fields like engineering, medicine, law, and management. The Indian Institute of Space Science and Technology (IIST), the Indian Institute of Science Education and Research (IISER). Trivandrum offers a lot of good institutions that provide quality education in addition to higher education. Several of these schools are part of the Central Board of Secondary Education (CBSE) or Indian Certificate of Secondary Education (ICSE) systems. Good healthcare facilitiesThe Government Medical College Hospital, Sree Chitra Tirunal Institute for Medical Sciences and Technology, KIMS Hospital, and Kerala Institute of Medical Sciences are among the well-known hospitals in Trivandrum (KIMS). These hospitals provide a wide range of medical services, including emergency care, inpatient and outpatient care, surgery, and specialist therapies, as well as highly skilled and experienced doctors and cutting-edge facilities. In addition to these huge hospitals, Trivandrum has a number of smaller clinics and healthcare institutes that provide general care as well as specialist treatments in areas such as Ayurveda and homeopathy. Access to great healthcare is critical for living a healthy and pleasant life, and having decent healthcare facilities nearby may give individuals a piece of mind. When deciding where to buy a house in Trivandrum, it's critical to consider the property's closeness to hospitals, clinics, and other healthcare services. This is especially crucial for families with small children or elderly relatives who may require medical care. Having adequate healthcare facilities nearby might also be advantageous for people who suffer from chronic medical ailments or require specialist medical treatment. It can save time and money by decreasing travel time and expenditures, as well as providing convenient access to medical personnel and innovative medical technology. Cultural and recreational activitiesTrivandrum has a rich cultural legacy and provides inhabitants and visitors with a range of leisure opportunities. The city is noted for its thriving arts and cultural scene, which includes a number of festivals and events throughout the year. The yearly Onam festival, the Swathi Sangeethotsavam music festival, and the Attukal Pongala festival, the world's biggest gathering of women, are all famous cultural events in Trivandrum. There are also various museums, galleries, and theatres in Trivandrum, including the Napier Museum, the Kerala Science and Technology Museum, and the Tagore Theatre. During the year, these institutions host a variety of exhibitions, concerts, and cultural events. In terms of leisure activities, Trivandrum features a number of parks, gardens, and beaches where locals may unwind and enjoy. Kovalam Beach, the Veli Tourist Village, and Shanghumugham Beach are among the city's most popular leisure areas. Trivandrum also has a variety of sports and fitness activities available, including cricket, football, badminton, and tennis. The city has a number of sporting clubs and gyms, as well as outdoor recreational places for walking, running, and cycling. Trivandrum has a rich and diversified cultural and recreational landscape, making it a terrific destination to discover and enjoy for both inhabitants and visitors. Growing real estate marketTrivandrum's real estate market is steadily expanding, with rising demand for residential and commercial buildings. Because of its rising economy, solid infrastructure, and high quality of life, Trivandrum is a popular location for individuals wishing to purchase a property or invest in real estate. In recent years, the city has witnessed tremendous expansion in the IT sector, which has increased demand for residential and commercial buildings. Furthermore, the government's drive to upgrade the city's infrastructure has attracted numerous large-scale construction projects, strengthening the Trivandrum real estate market even further. Trivandrum has a particularly strong demand for residential homes, with an increasing number of individuals preferring to live in the city. As a result, the number of new residential developments, such as flats, villas, and gated communities, has increased. Trivandrum's commercial real estate industry is also expanding, with numerous new office buildings, shopping malls, and hotels being built throughout the city. The recent addition of LuLu Mall, with a total built up area of 2,000,000 sq ft, it is the largest mall in Kerala and one of the largest malls in India, a perfect place to shop and spend time with friends and family, along with this the Mall of Travancore which was the first mall in Trivandrum Located in the heart of Kerala's capital city, a Malabar group venture, it has become the unrivalled destination in Trivandrum, to experience shopping, dining & entertainment under one roof. The first green mall, we are an iconic landmark, being the first of its kind in Trivandrum, situated right in front of the Trivandrum International Airport. The real estate market is steadily expanding, making it an appealing location for people wishing to invest in real estate or purchase property. And who better to rely on than Varma Homes, which can give you the greatest advice and assist you in purchasing your ideal homeRead More
Cochin has welcomed a lot of people from many parts of the state especially due to its incredible growth in job sector and infrastructure development. Nowadays people have started choosing new flats and new apartments outside the city limits of Kochi. Major reasons for that include increasing price ranges and unavailability of space in projects inside city. When you are looking for new luxury flats or new luxury apartments in Kochi outer city, Edappally will be one of the best options as it is said to be one of the fastest growing areas in the city of Kochi. It is also known as the ‘Entrance to the Kochi city’. Having apartments in Edappally will ensure that you live in close range of city limits yet keeping a healthy distance from the crowded city. The Kochi Metro Station marks a prime location for Edappally and this makes various locations inside the city more easily accessible for residents of flats in Edappally. The two national highways (NH 47 and NH 17) join the Kochi Bypass Junction at Edappally. The National Highway 17, which extends to Panvel, Maharashtra starts from Edappally ensuring easy access to and from major cities across the country. Another factor which will make you choose flats in Edappally is the close amenities of educational institutions and places of entertainment. Amrita Institute of Medical Sciences (AIMS), Amrita School of Arts and Sciences, Govt. Vocational and Higher Secondary School-Edappally North, Bharathiya Vidya Bhavan Elamakkara etc. are at nearest locations of Edappally. Places of worship like more than 1000 years old Edapally Juma Masjid, Edapally Ganapathy Temple, St. George Syro-Malabar Catholic Forane Church, Edappally etc. also are major attractions for someone looking for luxury flats in Edappally. Cochin has India’s largest shopping mall in Edappally – Lulu Shopping Mall, built on an area of 17 acres. Oberon mall, the first full format mall in Kerala is also a finest attraction of Edappally. Oberon is around 1 km distance from the Edappally Junction. The night life of Cochin has become Lulu focused and visitors flow continues even late night. Varma Homes, the builders in Cochin offer flats and 2 bhk luxury apartments in Edappally near Lulu Mall to ensure you best access to the favourite shopping location of today’s Cochin. The best home builders in Kochi, Varma Homes’ compact apartments – Varma Regent is being built at Edappally. Varma Regent is one of the current ongoing residential projects of Varma Homes, located at Ponekkara. The 2 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft ensure all premium facilities on an affordable price range. Varma Regent is on its last phase of completion and the project will get accomplished by the end of December. Most of the units of Varma Regent are already sold out and only few units are left. If you are looking to buy an affordable apartment in Edappally with luxury amenities, pay a visit to Varma Regent’s sample apartments which is all set for the home seekers so as to make a wise decision on buying it. We at Varma Homes, the top builders in Edappally always create the best living spaces meeting the requirements of our clients. If you are looking forward to buy apartments in Edappally, Varma Regent is the best option. For more details, contact us today. Call +91 9645 88 33 33 for more details.Read More
Buying a home is a major decision in one’s life. And there are obviously a lot of things to be considered, other than the financial constraints involved in it. A huge sequence of myths must be debunked that are not true before you actually think of purchasing a home, which will ultimately demotivates you completely. The home buyers are bound to be clouded by the following most common myths: 1. A house must qualify as your dream home Both financially and emotionally, home-buying can be a tough job as it is very important to buy a home that cater all your needs and wants. But it is not compulsory to look for a house that will fulfil all the things in your dream home wish list. A few tiny changes like changing the wall paint colour or adding an extra storage space can be done so as to transform the new house into your dream home, no matter whether you buy villas or new apartments in Kochi. These are the basic remedies to resolve the trivial issues that arise after you purchase a house. A home buyer must consider the crucial aspects of a house like the location, its price, space, design, architecture, amenities, etc. well before he actually purchases it. 2. Renting vs. Purchasing Some say it’s better to purchase a house and some say it’s cheaper to rent a house. The renting vs. purchasing has been a never ending debate. This decision completely depends upon the various requirements of the home buyers. If you are planning to make an investment, then buying a home is always the best option. But if you are planning to settle in for a shorter period of time, then renting a house is a better option than buying. Thus, owning a home is an investment, while renting is merely a living expense. 3. Owning plot vs. Buying flat Similar to renting vs. purchasing; owning plot vs. buying flat has also been a never ending debate. The decision on whether you should purchase a plot of land or buy an apartment/villa absolutely depends upon one’s personal preferences. It’s up to you, whether if you prefer to buy a piece of land as a real estate investment and plan to set up your dream house there in the near future or purchase apartments in Kochi. 4. Home Buying – A Risky Business Buying or investing in anything is indeed a risky business. No investment is 100% risk free; whether if it is gold, market shares, mutual funds, bank deposits or real estate. The fact is that every type of investment has its own pros and cons. A clever home buyer will scrutinize the pros of buying a home and work a way around the cons. But if you are planning to purchase a house from the reputed and reliable builders in Cochin, then you can be guaranteed of making the right real estate investment decision. By now, you would have known about the most common home-buying myths. It’s high time that you debunk all the above mentioned myths and then go ahead with your plan of purchasing your dream home. Varma Homes wishes you a Happy Home-Buying!!! ??? If you are someone looking for ready to move flats in Cochin, Varma Homes has got a wide range of luxury apartments in the various prime locations of Kochi. The most dependable and trustworthy builders in Kochi, Varma Homes’ prestigious project of Varma Maalika in Tripunithura is to be inaugurated on 25th of February just after the inauguration of Varma Regent at Edappally that had recently held on 28th of January. (Hurry up, only a few units left!) Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the ongoing residential projects. And many other residential apartment projects in the major cities of Kerala including Kochi, Thrissur and Trivandrum are in the pipeline.Read More
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
Kochi features exceptional healthcare, reasonable living, amazing food, and a higher overall quality of life. Your ideal place to call this your home. Here are a few tips to make your search easy and convenient when planning to buy flats in Kochi.Search your options It's important to have alternatives and hunt for the best real estate developers so you don't squander your time and money. It's imperative to go deep into what you're looking for. Varma Homes has the reputation and expertise to provide your ideal home. Over the years, Varma Homes has a reputation and expertise and maintains great quality and high standards by selecting vendors and partners who are similarly accountable, ensuring that our clients receive only the finest.Think about the long termWe are always cautious when we buy things for the long term, may it be clothes or our dream house. Buying a house or a flat may also include taking out a large loan, followed by monthly payments deducted from your earnings thus, you must exercise extreme caution. Varma Homes provides the security to offer you the long-term solutions you need.Overall budgetWhen you buy something, you always create a budget based on your priorities. It makes it easy for you to narrow down the flats that you are prepared to spend money on. To begin, compare the price of the house in question to others in the surrounding area from various builders to determine whether you have been provided a real estimate. When purchasing a property, think deeply, create a budget, acquire all relevant information, and make thorough considerations. Before you start looking for a flat, it's important to know how much you can afford to spend. Look at your financial situation and determine how much you can comfortably spend on a flat without compromising your lifestyle.Location of the flatOne of the key things in determining the destiny of your future home. The location is important when deciding whether or not the site meets your requirements. Kochi's business centre also gives quick access to all basic amenities, making it one of the most sought-after places. Kochi is a rapidly developing city, and there are many areas to choose from when it comes to buying a flat. Consider the location carefully, based on your needs and preferences. Factors like proximity to your workplace, availability of public transportation, and access to essential services like hospitals, schools, and supermarkets are important to consider.Legal clearanceCheck the property's legal clearance and make sure that all relevant paperwork is in order. You may wish to hire a lawyer to help you verify the laws of the property. The applicable legislation differs greatly from one state to the next, thus it is important to be aware of the local laws for obtaining a certificate. It must be confirmed that the relevant property is not the subject of any lawsuit or investigation.Resale valueBecause of variables such as depreciation, age of the property, the certain ultimate cost of the asset, and so on, the resale property is a more cost-effective choice than buying a ready-to-move-in house. Even though you are thinking for the long term it's good to have a choice in case of an emergency. Storage spaceSimply having storage does not address the problem. Storage that is well-planned adds value to space. Storage is both a design and a practical component of successful interior design. While this does not immediately increase a flat's resale value, it normally increases a flat's desirability among purchasers. Homebuyers often choose apartments with plenty and sensible storage space. Your tastes and preferences may vary over time, causing you to adjust the storage with appropriate to your inclinations.Purchasing an apartment in Kochi may be a substantial investment, so do your research before making a decision. Defining your budget, examining the location, investigating the builder's reputation, checking for legal clearance and resale value, and exploring house finance choices are all important considerations. You can make an informed selection and choose an apartment that suits your requirements and tastes if you follow these recommendations. Varma Homes might just be worth your time and money. Remember to take your time, consider your alternatives, and seek our expert help when necessary.Read More