The terms "new-launch" and "pre-launch" in the real estate industry refer to the start of a residential project's pre-construction phase. A housing project's pre-launch stage starts when the builder makes an announcement about their new project & begins selling them. This is the best time to purchase a home since it provides a strong return on investment. The main benefit of choosing a newly launched property is its cost-effectiveness. As you know the pre-launch rate of each residential apartment is generally low-priced to attract more buyers, read on to find other major benefits of new launch projects so that you can make a sensible investment decision.
To entice homebuyers & investors, most of the builders provide enticing discounts on pre-launched or newly-launched properties during the early phase of the project. The prices of new launch apartment projects are substantially lower when compared to projects that are under ongoing construction or ready-to-occupy projects. So, homebuyers can grab the opportunity to book a home for the lowest possible price. The buyer is also fully secure when purchasing new launch projects from reputed builders following the implementation of RERA. Thus, if you're seeking for a low-cost apartment, a new-launch project is the way to go.
Pre-launch property rates are fair & significantly cheaper than post-launch rates, which is one of the key advantages of investing in one. After the pre-launch period, the price increases due to a variety of variables, such as rising property demand, new development of infrastructure in the region, rising raw material costs, labor costs, revised legislation, and so on. Hence, it makes sense to block the project before the prices rise.
When it comes to picking a dream property, most purchasers consider garden-facing, sun-facing, easy accessibility (like near the lift or the lobby), & the view from the balcony, and so on. Buyers may get more chances to select the best home in its new launch project at a reasonable cost without sacrificing requirements. They might also request structural changes or specific interior finishes from the builder during its pre-launch period. So, early customizations or design changes in this phase do not need rebuilding, saving both the customer & the developer money & also allowing them to stay on budget. Therefore, one will get a good chance of getting their house customized exactly the way they want it if they choose a pre-launch project.
Purchasing a pre-launch property provides you with the unrivalled benefit of being able to book the home before the rates skyrocket. Investors are hurrying to get their hands on properties as the pace of urbanization picks up. As a result, investing in property during its 'new launch' phase secures your investment before the price rises, giving you an unfair edge. Buying a new launch property is thus a smart investment, not because you'll get a good deal on low prices. However, after the neighborhood has developed, you'll be able to resell the property for a higher price. Thus, buying a property during the launch phase might benefit homeowners in terms of both end-use and resale objectives.
So, these are the few advantages of property investing when it is in the early stages of construction. If you're a buyer or an investor looking to make a real estate investment, it's best to go with a new launch property due to the slew of above-mentioned benefits. However, you need to have a look into certain key aspects before buying one. They are:
· Invest only in a property from a RERA-registered project.
· Make sure you get a top-notch apartment from a reputable real estate firm. This will keep you from having to deal with any unneeded legal or financial concerns.
· Consider the project's location, as real estate prices in locations where infrastructure construction is underway are likely to soar. This means that the investors will gain more money when they sell the property in a few years.
· Before you pay the money, look over the legal documentation & the RERA registration number that the government has previously ordered.
Now that you're aware of the top perks of having a newly launched house, you may begin strolling through the broad range of residential projects offered by Varma Homes. We're a renowned real estate builder in Kerala that offers affordable housing projects as well as luxury apartments in various prime locations in Kerala, such as Kochi, Trupunithura, Thrissur, Trivandrum, & Kozhikode. With our years of expertise in the industry, we’ve become the most preferred brand for quality, reliability, & innovative apartment choices that deliver on time without compromising quality. Contact us to learn more about our options & to locate your dream house.
With your busy lives flying by, what you wish for everyday is to have more time at your disposal. So when an expression such as "on time" appears with regards to your dream project, won’t you just jump ahead? But when buying a brand new apartment, there are two prime points that you must take into account: the time of completion and the quality of your unit. For this purpose, getting to know the detailed completion history of the builders you assign as well as the steps they take to ensure the quality and safety of your home is very crucial. Readiness is the keyAt Varma Homes we have driven "ahead of time" to realise and make dreams a reality. With years of experience in the construction field, we have vowed to deliver the best apartment projects across Kerala. The technical team at Varma Homes works round the clock to plan and execute assignments ahead of schedule. And advancing beforehand does not mean compromising the values and standards we have set forth as a team. We have successfully completed 6 projects within a span of 5 years prior to the expected time. Talented workmanshipWith our skilled consultant team, that includes architects, structural engineers, PCP, fire and safety, etc., we go the extra mile to implement competitive plans with keen foresight. Because of our professional approach and a passionate stance, we were able to confront challenges with ease. We have ensured that the highest quality products are produced at all stages. This is done through check-lists, proper staff training, and examining that the preferred commitment is thoroughly brought about in every aspect of the apartment. KRERA - Prospering the real estate futureThe Real Estate (Regulation and Development) Act 2016 was enacted by the Indian government, and the Kerala government established the Kerala Real Estate Regulatory Authority (KRERA) to regulate and promote the real estate business in the state. KRERA is the latest champion for the real estate sector, promoting accountability, citizen-centric policies, and improved financial discipline, all while protecting the consumer's interests. We at Varma Homes understand buyer’s requirement & concerns therefore all of our projects from the year 2019, are K-RERA approved, following the industry norms and is delivering as per given commitments. We consider RERA as an opportunity to comply with a rule that warrants the hard-earned investment of many. Varma Homes has successfully established itself as one of the most trusted builders in Kerala since its foundation. We began with residential projects in Kochi and have since expanded to Trivandrum and Thrissur. Our significant launches will take place in Calicut and other major cities very soon. We've made it our full-time objective to create the best service and quality in our price range, and we've done so consistently. At Varma Homes, we have no stalled projects, because of our belief in constructing happiness both deep within our team and for our stakeholders.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
Opportunities don’t always knock at the doorstep when they do, you must ready to use it to the fullest. Well, it is true that COVID- 19 outbreak has proven the fact that owning a home is the best way than coping with the worries of living in rented accommodation. Now people are also aware of the significance of having an investment in the realty market as an asset class in their investment hamper. Since it is the most reliable and steady return investment choice compared to other investments options of high risks. Purchasing a home is often the biggest purchase of our lives, and a mortgage or home loan is typically our biggest financial commitment. Keeping the total acquisition charge in mind, affordable housing categories and the mid-segment have arisen as the most sought after for buyers. Good News For Potential Buyers, It’s The Time To Strike The novel COVID-19 pandemic has added numerous uncertainties to every single part of life, and the housing market is no exception. So, RBI take steps to deal with this situation with lowered repo rates, increase liquidity in the market, and the introduction of subsided housing schemes by the government. These changes will go a wide way of generating the much-desired demand for potential buyers. This is absolutely good news for those who wish to own an apartment, moreover for those who waiting for the right time to strike. So now banks have made home loans most attractive giving home buyers with a chance that cannot be missed. The steep cut has brought interest rates on home loans by private & public sector banks to their lowest interest rates of 6.95% with effect from July 2020. Fixed home loan rates are the lowest they have been, and it will be the best time to yield the benefit of this ultra-low interest situation. Once the economy recovers this unprecedented hit loss in the market, the property prices will bounce back and this low-interest-rate environment will vanish. There is no doubt that the coronavirus outbreak has totally changed the meaning of what we have come to know as home. Now it becomes a school to our children, an office, and of course secure abode for our family. If you are looking for the right time & the right opportunity, then wait no further. Here is the right opportunity in the form of low home loan Interest rates. Go ahead, make its optimum use and realize your life dream of owning a home. You can now contact Varma Homes, the best builder in Kerala, for booking your dream apartment in your favourite city. We have our best quality apartments in major cities of God's own country like Kochi, Trivandrum and Thrissur. Check out our incomparable apartments, we are sure that you will be spellbound. Realize your dream home with us, once you invest, you will have a fixed asset that will have value at any time. Opportunities are like sunrises, so take the benefit of low-interest rate & own your dream apartment from the house of Varma Homes!Read More
Buying an apartment or home is everyone dream. Maybe owning a home is your years of planning and saving, so it is not fair to take a final decision in a hurry. There are certain things to keep in mind before purchasing an apartment. For purchasing an apartment some might take a loan from bank, followed by periodic instalments rolling out of your revenue, you need to be more alert. Though there are certain crucial factors to be considered while buying a new apartment, they are location, price, etc. Let’s check out the essential documents necessary for this and you are required to keep all possible points in mind before you take the leap and make a selection of your dream apartment. Property Worth The fixing of the budget is the first step for selecting an apartment, If you correctly know how much you can spend to buy an apartment, it will be easier to shortlist the house according to your budget. So when you plan to buy an apartment you need to compare the property prices of various builders and get an idea about it whether they are offering genuine prices or not. You can undoubtedly approach Varma Homes since we offer genuine prices for our apartments. Land Record The land where your apartment is constructed is also crucial while considering your purchasing decision. You need to research about the topography and soil quality of the land and also check whether the land is cleared of all the dues and properly registered or not. Apartment Location Location is also important while purchasing an apartment. The apartment must be in a secured and safe place since we are expecting to live in a peaceful area that should be free from all troubles. The amenities and the physical infrastructure of the selected apartment need to be checked. All apartments of Varma Homes are ideally located in major cities like Trivandrum, Thrissur and Kochi, So you do not worry about the safety or other related factors when you choose Varma Homes apartments. Financing Banks When you are planning to take a loan from banks for buying an apartment, then this is the best time since various banks offer different customized options with low-interest rate home loans for customers. They provide customized solutions for their customers who have approached them for granting home loans for fulfilling their dream of buying an apartment. In short, purchasing an apartment is an important decision you would take in your life, so you have the obligation towards your family and yourself to look into all the above considerations before buying your dream apartment. Varma Homes is the leading and trusted builder in Kerala offering new luxury apartments, budget-friendly flats and residential projects in Kochi, Trivandrum and Thrissur, which are designed to build happiness. We believe in bringing happiness to you with our exceptional services and offer you with an innovative range of apartments and flats that tie up with your requirements, If you are looking forward to buying apartments or flats in Kochi, Trivandrum and Thrissur, look no further, Catch Varma Homes, the pioneer builder in Kochi, give us a call, We are waiting to hear from you!!!!Read More
If you are thinking of buying a home this festive season, it’s high time that you make your move. Christmas is an ideal time to buy properties. At the end-of-year, the vendors get to the point where they just want to sell. That's indeed a good news for potential home buyers, as it will be very easy to negotiate the prices for new homes. Contrary to popular belief, go against the trend and house hunt when the others aren't looking, as people are mostly on holidays - that's in the month of December and January. Lesser people looking for new home means lesser competition, which equals greater flexibility in negotiations and also a better chance for securing a bargain. The festive season can also be the optimal time to sell. Most buyers plan to move into their new homes before the New Year begins. Buyers looking for properties during the holidays are usually serious about purchasing and this could lead to a quick sale. Holidays will possibly increase settlement times and also agreement conditions. It’s another great advantage of buying new homes at this time of year, as the settlement will often be in January or February. If you're looking for an area that has an increased holiday population, the competition among the buyers may increase. And this could lead to offers that are higher than the home seekers’ original seeking price. However, demand can vary from area to area. The outer cities and more urban areas are most preferred by the residents. Varma Kottaram – is yet another luxury apartment project of Varma Homes in Tripunithura located between the Kalikotta palace & Sree Poornathrayeesa Temple. The new new luxury apartments is a G+4 apartment project having 24 units of 2 BHK and 3 BHK flats. The luxury flats in Tripunithura are well equipped with all the modern amenities which are made worth for its price. Varma Homes, the best builders in Cochin offering new luxury flats, budget-friendly apartments and residential projects in Ernakulam, Thrissur and Trivandrum always bring the best for you. If you are looking forward to buy flats in Tripunithura, then contact us today. Call +91 9645 88 33 33 for more details.Read More