Tips for buying an apartment to get a better long-term ROI

The most important factor to consider when investing in real estate is the return on investment. A property isn't a good investment if it doesn't guarantee a good return. Purchasing a property provides numerous benefits, including emotional fulfilment, assurance of future residence, and long-term financial benefits. In fact, it�s a symbol of financial stability for the majority of Keralites. With improved infrastructure and a higher standard of living, the state has seen a significant increase in real estate construction over the last decade. However, purchasing a home is a significant financial investment that necessitates careful planning and consideration of other factors. The location, construction costs, real estate value of the home, and space all play a role in determining a house's value. In the long run, a spacious apartment with good amenities will be a good investment. As a result, picking the right apartment to invest in is critical. In this blog, we'll look at the viability and return on investment of various aspects of residential real estate to help you make an informed decision.

Location & Connectivity

Obviously, the location covers more than just owning a house; it also includes the infrastructure in & around the area. If you pick the right location for your home, the value of your investment is sure to gradually rise. A good apartment project must be well-connected to the city and have a good neighborhood with amenities such as schools, hospitals, supermarkets, workplaces, medical facilities, grocery stores, public transportation, and so on. Great connectivity will be the most important factor in property appreciation, especially if the apartment is being rented or sold. So choosing the right location is critical for those who buy an apartment to maximize the return on their investment.

Value-Added Facilities & Amenities

The Kerala apartment�s modern amenities and facilities aid in getting the best return on investment when it comes time to sell. Today's developers provide a wide range of conveniences for homebuyers to fit their lifestyle, right from facilities and amenities like a clubhouse, swimming pool, CCTV, power back-up, children's play area, etc. These are just a few of the common features that bring value to apartment living. The ROI is determined by how well these amenities are maintained over time. Even so, due to their lower prices, even projects without such amenities can find buyers. However, when shortlisting properties for purchase, make sure that the final choice provides a decent lifestyle rather than just an investment asset.

Quality of Homes

Due to the abundance of demand in the new corridors of cities experiencing a massive increase, purchasers have a variety of options, as market conditions favour end-users. A home, like a car, is expected to perform a few critical functions, such as shelter, safety, convenience, a luxurious lifestyle, and so on. Buyers must consider these factors, and those that provide these benefits are in higher demand for obvious reasons. Without a doubt, branded builders provide these conveniences and attributes of living as a standard offering due to their market reputation, and such homes are in higher demand with better prospects.

When buying a home, keep in mind that a comfortable home with plenty of interior space and luxury amenities in a desirable location will provide better long-term returns on investment. For property investors, homes in good locations, built by reputable developers with a good load of amenities and facilities, will always produce greater investment returns as well as potential rental income. If you are someone who would like a home with excellent amenities, a good neighborhood, connectivity along with excellent ROI, then Varma Homes has everything that you need.

Varma homes, one of the top builders in Kerala, has a wide range of apartment designs, sizes, and price brackets to choose from. We offer an array of different amenities and features that will surely meet your needs and exceed your expectations. As well, we can ensure that you get the best apartment for your budget in the most convenient locations in Kerala. Varma Homes can provide you with an excellent living experience and add value to your property portfolio. So, if you are looking for a new apartment in Kochi, Trivandrum or Thrissur, please get in touch right now! We will be happy to help. We are also planning to launch our projects in Calicut soon.

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Jul 14, 2021

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.

Mar 12, 2019

Enjoy the Benefits of Living in a Super Luxury Apartment at the Heart of Trivandrum City

Making life�s important decision as to where you rest your head all night and how you live your day life can be a daunting chore. When it comes to selecting a place to call home, there are various factors to be considered. These factors may comprise the location, size, amenities, price of the apartment and many other things. Among these, location is the most important factor when it comes to selecting an apartment. As one of the top reputed builders in Kerala, Varma homes is grabbing the attractions of customers with its specialties and location benefits of their apartments. All the apartments of Varma home is located in the realm of the major prime locations of Kerala like Kochi, Trivandrum and Thrissur. If you are searching for the perfect locality that lines hospitals, malls, educational institutions, markets and many other facilities in the heart of Trivandrum city then buying your dream apartment in Poojappura, would be most ideal. You can find Dr. Pai's Heritage at Poojappura, a prime residential locality for house seekers in Trivandrum based on your budget and other preferences. It is a 2 & 3 BHK super luxury apartment with most alluring amenities for a comfortable living. Insights into Locality of Poojappura Poojappura, is recognized as "The heart of Trivandrum�, located on the banks of Killi River. The place is growing quickly to become the prime residential hub in close to future. It is well-known for pronounced historical heritage backed with its magnificence of cultural diversity. It is a place that fills the heart of a traveler with its splendid temples, picturesque beaches, museums, art gallery and what else! There are a number of reasons that make this city a place worth for living. It has amenities and aesthetics no other city has and has an unbelievable equilibrium. �The region has earned a divine significance owing to the existence of major ancient temple like Padmanabhaswamy temple. It is very popular and one of the oldest Vishnu temples in India. This ancient temple is famous for its architectural splendour, artistic murals and granite carvings. The Padmanabhaswamy temple stands out from the rest of them in Poojappura for its sheer architectural beauty. �The place has also close proximity for its neighborhood ancient temples like KillipalamMahadevar Temple and Kanthalloor Sri Mahadevar Temple. For a place with an astonishingly serene and divine atmosphere, where you get the chance to immerse in devotion is a good family option to live in. The zone is closely set amidst various milestones places like PRS hospitals and Chalai Bazar.� Schools, colleges, hospitals, ATMs, markets and shopping centers in proximity makes Poojappura as the premium alternative for all property seekers. Trivandrum Bus Station and Central Railway Station facilitate in the easy accessibility to many key nodes in and around the suburban area. Poojappura has excellent connectivity to major cities also.� The place has very close proximity to Trivandrum International airport via Salem- Kochi-Kanyakumari highway. Though reputed educational institutions draw the imagery of Poojappura on one side, the place is booming with copious possibilities and massive developments on the other. Because of the rapidly developing infrastructure and facilities of Poojappura, most of the people are opting to live here. It is fast developing into a cosmopolitan zone too with the dawn of its IT hub, the Technopark, largest in Asia, where people from all over the world come to work and live. So it is another landmark of this place which makes it the most demanding zone for residing. And laterally with its scenic backwaters, historical monuments, beautiful beaches, the city is well placed on the tourist's bucket list also. The upcoming Sports hub and Lulu Mall are expected to intensify the repute of Poojappura further, making it more wanted for the ones who want to buy an apartment here. With so much to offer, Poojappura is a great place to live in. Dr. Pai�s heritage is standing as the major milestone of Poojappura to pay a world-class living to patrons. So why you waiting, head on to Varma Homes, invest for this super luxury apartment and get guaranteed returns.

Jun 09, 2020

BUYING A HOME � FROM HOME

COVID pandemic has discouraged the spirit of many home buyers, for all those who were in the middle of hitting a deal for buying an apartment. Is this uncertain crisis holding you back to realize your dream apartment in your hometown? You don�t need to stop your dream of chasing your lifetime investment of owning a beautiful home. Here is a good news, at Varma Homes we are here to help you to realize your dream of owning your apartment even in these unusual times with all the safety measures. Being a responsible and reliable builder in Kerala, we stand for constructing a better world tomorrow and we have resumed the operations in all our project locations such as Kochi, Trivandrum & Thrissur while keeping the safety guidelines of the Government. Given the strict regulations surrounding social distancing, we have started sharpening our digital tools. Well, waiting until the lockdown is lifted to buy your dream apartment wouldn�t be the wisest decision. So get ahead of the market! Here is how you can still benefit from the lockdown and buy your dream home. Exclusive Online Booking �Now customers who are keen on purchasing an apartment are more likely to go online to seek information, interact, and even close a deal. Potential buyers, including NRIs, are now getting enough time to discuss and research properties online. Once you get the information about the property, you may even opt to make the booking online. Online booking involves payment of the initial token amount for the property. You can complete the entire booking process online, including making advance payments in a jiffy just like that. Adhering to Social Distancing 'Site Visits' Considering the current scenario, where there is a strong emphasis on social distancing we provide site visits for our customers with full measures. We promise you to full safety while you make site visits. We have taken all precautions for your safety as per the guidelines issued by the Government Health Authorities. We use sanitised cars for client pick up and drop Thermal scanning at the entrance to assure safety Sanitizers provided at each site for sanitising hands Each visitor shall be provided masks during the visit Only one person will guide you for the guided tour. Only one person will be permitted to enter the sample apartment at a time. Clients are requested to strictly follow social distancing and safety protocols during the visit. Special Offers to NRI�s With the ongoing pandemic leaving a crippling effect on societies and economies worldwide, we introduced special offers for potential buyers especially for NRI�s. With our special offers, you can now own a luxury apartment even in this unpredecent situation. Yes, this will be an offer that you simply can�t refuse. So take advantage of time and situation. Have a happy and safe purchasing! This is limited so hurry up the especially NRIs who are preparing to return to �safe haven� Kerala by buying a piece of the country�s real estate.At this moment, it is important that each one of us do our bit in controlling the outbreak. For this, we can collectively take the benefit of digital transformation, with this the physical and time-consuming act of buying a home could be reduced to a few clicks. This digital transformation will help both the builder and buyer to close the deal effectively.� Hence we can take the positive sides, whatever the situation, the game must go on. Indeed, this crisis will leave more sensitised about personal hygiene, cleanliness and healthy ways of life. Let us give time with courage, patience and compassion, together we shall overcome! Let your investment be not under lockdown. Do the safe booking of your dream apartment from your home. �� Stay Safe & Keep Social Distancing! �

May 27, 2021

Busting the Myths About Apartment Living

Everyone has biased opinions of apartment living. In fact, it has diverse perks that differ from the living of an independent house. Well here are some common myths circulating about apartment living in general. Fortunately, these are just those myths! However, the truth is, an apartment is a better option than an independent house in several ways. Take a look at common myths about apartment living that need to be busted. Myth#1: Lacks Social Life Many accept that apartment tenants favor keeping to themselves & that individuals are not friendly. It's really funny when individuals assume occupants in apartments are excessively straight confronted and are probably going to mind their own interests.��But in reality, luxury apartments have a wide range of amenities to keep the sporty vibe in the premises going. Right from ultra-luxurious clubhouses to complete health and sportive conveniences, they have everything. So apartments with an extensive amount of amenities promote social living and make everybody a part of a close-knit society. Myth#2: Not Convenient This is one of the greatest wrong misguided judgments about apartment living.��Whereas apartments come with different conveniences to guarantee a serene & happy life for occupants. Be it maintenance or security, apartments are prepared to offer the best of metropolitan living. � Myth#3: There Is No Privacy Apartments these days are created with much more consideration about the living experience than any time before. They are designed in such a means to guarantee the total privacy of families living inside. They are signified to give a hotel-like feel to the homes with no/minimum common walls within the apartments, soundproof walls, and a lot more customized conveniences to ensure privacy. Myth#4: Too Expensive Individuals will in general consider apartment living as a costly issue when contrasted with autonomous houses. In any case, apartments make a commendable investment guaranteeing quality living will all the essential conveniences. From swimming pools to 24 hours security, apartment living makes life simple. Myth#5: Not Sufficient Space Oftentimes when individuals hear the word 'apartment', they promptly think about a shabby, confined living space with no storage alternatives.��Actually, numerous luxury apartments have a ton to offer in storage terms. Search for homes with spacious balconies, open-plan living, higher than normal roof heights & so on, where there is no question of space shortage. There we can find functional design elements such as separate laundry spaces, natural light, ventilation, and much more. Myth#6: Not As Safe As Independent Homes Basically, all apartments are provided with 24 hours security & CCTV surveillance of premises to guarantee the wellbeing and security of the inhabitants. Hence these are really more secure than independent houses which have the least security around the premises. Furthermore, the vehicles too have much greater and optimized space & safety in the car parking area of apartment premises, which is more protected than a car park in the garage of an independent house. � In a nutshell, Perhaps the main thing you ought to get from this is that things that may appear obvious aren't factual. In fact, investing in luxury apartments can definitely be a great deal.��But when managing your purchase of an apartment you should make an honest effort to research as much you can. Before focusing on the right apartment project to purchase, guarantee that you pick a renowned & reliable real estate builder with a good track record & reputation. As a home purchaser, it is your privilege and duty to check if the builder has enlisted the project with RERA & so on. If you are in search of the best builder, then here is your right choice, Varma Homes a name that stands for perfect top-notch quality home builders. We have a legacy of expertise in this field and refinement that is reflected altogether in our residential projects since the day of inception. With superiority apartment projects, we are probably the best builder in Kerala offering affordable and luxury apartments in prominent places in Kerala such as Kochi, Tripunithura, Thiruvananthapuram, Thrissur and Kozhikode. We ensure that all our apartment projects are constructed to serve the requirements of our buyers & and meet their happiness. Moreover, all Varma Homes projects are well planned & executed to guarantee that apartments are delivered on time, every time! From luxury to super-luxury apartments, we offer the ideal choices for home-purchasers looking for quality apartment living. After all, at the end of the day, we all want a home that matches our lifestyle, so enquire now to get what you dreamt of!!!

Oct 30, 2020