Being the cultural capital of Kerala, Thrissur has become tantamount to vibrant and energetic life. The unique cultural heritage that is Thrissur's trademark has made it one of the most desirable places to live in. Thrissur's economy and flourishing real estate sector are supported by a fast-expanding infrastructure base, attracting an increasing number of investment enthusiasts. Apartments are one of your finest options while looking for housing or property in Thrissur. When it comes to owning an apartment in Thrissur, you'll have many advantages.
Since the majority of apartments are being built in upscale urban areas, living in one of these apartment complexes automatically improves your quality of life. Not every city in Kerala can boast of having a majority of flats or apartments that offer simple access to the city's most important landmarks, attractions, and other practical locations.
No trip to Kerala is complete without visiting Thrissur. The city is home to some of the most well-known tourist attractions and sites in India, and events like the renowned Thrissur Pooram annually bring thousands of visitors. If you don't want to live in the apartment, you can still make money off the investment by renting it to tourists or other visitors. Renting out your apartments is an excellent way to gain a return on your investment because Thrissur attracts more tourists every year.
Security is the prime concern which bothers everyone and people never want to compromise with it. Security is one of the main reasons that people are preferring apartments in Thrissur over independent houses or villas. Today there are some smart home devices for apartments that every homeowner should purchase in this electronic era. Because most apartments provide their residents with digital locks, alarms, automated doors, etc. which can give them the utmost security. Moreover, CCTV cameras are installed in all the residential complexes which can monitor every movement of the visitors and inhabitants. Security guards are also active 24X7 and will only give access to the residents and permitted visitors. These days people are more concerned about the entry of trespassers, unwanted salesmen, etc. into their homes. Living in an apartment in Thrissur will make your life peaceful by ensuring that no one will reach you without your permission.
As you pay off your loans, the value of your home increases because when you buy a home, you are accumulating equity. You can be sure that your investment will provide the necessary return when you buy a second home as a major purchase. Reputable builders in Kerala make sure that all of their projects are managed by qualified engineers and designers who methodically carry out each project. This is why a prospective homeowner would do well to consider purchasing flats in Thrissur.
Budget is a real concern when investing in real estate. Apartments offer a wide variety of residences that meet any budget, unlike large villas or independent homes that may seem out of reach for many. Different sizes and price ranges are available for apartments. Young buyers who have a limited budget or are taking out a loan to purchase their home will benefit greatly from this. It is always preferable to pay in installments rather than rent the same space.
When it comes to families with young children, housewives, or senior citizens, apartment living is ideal. They can socialise with other residents and enjoy their company. Parents who stay at home with their children or senior citizens may get lonely if they are alone all day, therefore it is ideal for them to live in an apartment where they can interact with their neighbours. It is also quite convenient and safe for children to play with their neighbours in the shared facilities of the complex.
One of the important IT clusters in Kerala is located in Thrissur. The real estate market in other comparable IT hubs has become oversaturated, while Thrissur is still in its prime, expanding and displaying the potential for significant developments. People who commute outside the city find apartments in Thrissur to be of great value, and even if you need to relocate for work reasons later, there will be no shortage of tenants wanting to rent out your property.
Thrissur is a peaceful and one of the least troubled cities in India. The city is flooded with many ancient temples and shrines. The political environment is also very stable. Since people are educated and independent, hence they don’t waste time indulging themselves in unscrupulous or dishonest activities. Sri Vadakkunnathan temple, Paramekkavu Temple, Thiruvambaby Sri Krishna temple, Viyoor Shiva Temple, Seetha Ramaswamy temple, etc. are some famous temples which make this place beautiful and attractive. Moreover, the weather is also very comfortable here. This place is neither too hot nor too cold, so you will get pleasant weather throughout the year.
Varma Homes invite you to take advantage of all this boon happening in the magnificent metropolis of Thrissur with Varma Spectrum apartments! Varma Spectrum is located in Poochatti, with its wonderfully composed first-rate construction, reflecting the enthusiasm of the location, which is near the NH bypass and Bhavan's Vidya Mandir. With proven competence in delivering dream apartments in Kerala, built with state-of-the-art construction ideas and world-class amenities such as a fitness centre, furnished lobby, library, and indoor play area, we thrive to provide you with the best. At Varma Spectrum, you are going to enjoy a trailblazing lifestyle. It is an essential asset for people looking for the greatest luxury flats in Thrissur that provide more than what any resident desires. Therefore, if you're seeking a unique living experience with globally acclaimed facilities, abundant flora, and a relaxing atmosphere, look no further. Thrissur, Kerala's cultural capital, is the hottest, happening place to own and live life.
Let's look at the present state of the real estate market so that you can get the best deal for owning an apartment or flat in India. As we know, the real estate market has witnessed a market decline or downfall in the number of people buying residential properties. One of the major cause for this fact that the property prices remain high when it compared to the average income of people. The concept of affordability also affected by an increase in income and interest rates. The rental yield is another factor that determines the level of demand for both investors and end users. Rental yield is the amount of rent paid per annum over the cost of purchasing a property. The demand for real estate started declining from the year 2013. By 2016, it hit an all-time low; the entire market was going through a bearish stage when it was affected by two main black swan events. That is the introduction of RERA in 2016 and then demonetization of Government that demonetized high-value currencies, which in turn washed out 2016 and 2017 for residential real estate. However, the impact of these is only short term and it will not have a long-term impact. I.e., it is true that the residential demand, sales and supply took a hit on the back of uncertainties surrounding RERA and GST. Though, with the improving clarity on GST & RERA, sales are expected to revive across categories and budget segments. Key Reforms In Real Estate Will Lift The Demand Now the change is already visible by the implementation of Government flagship mission “Housing for All by 2022” and its focus on the affordable housing segment. Moreover, the effective implementation of RERA restores confidence among homebuyers and the real estate sector is set to greatly benefit from RERA. Now the Residential real estate in India is set to make a comeback. Demonetisation had a healthful impact on property costs by restricting money transactions and checking speculative evaluation, successively increasing affordability, that may be a key to realize the government's flagship mission of 'Housing for All'. The government has also stretched the credit linked subsidy scheme till March 2020, which offers interest subsidies on home loans for Low Income Group (LIG), Middle Income Group (MIG) and Economically Weaker Section (EWS) under the Pradhan Mantri Awas Yojana. So it is clear that the real estate sector is showing signs of recovery and is in reforming stage where Government put its focus on providing affordable housing, consumer-friendly regulatory reforms and infrastructure to warehousing industry providing a sense of positive market sentiment. RERA and GST are now the prime factors that facilitate a recovery in the real estate sector. Recent evaluations after the implementation of RERA and GST indicate a 6 percent growth in housing sales across some of the major cities in 2018. The growth outlook across both commercial and residential real estate is turning progressive now. Based on estimates, by 2030, the real estate in India become a $1 trillion market. Hence the mess is over, buyers can come across to purchase their dream property without any second thought. Now they need to worry about the only thing that the selection of the best and trusted builder, finding the proper location & amenities while purchasing a ready to occupy or under construction 3 BHK or 2 BHK apartment or villa. Here you can stop your concerns about the selection of the right builder; you can undoubtedly contact Varma Homes, the top builder in Kerala. We have completed and ongoing residential projects in the three major districts of Kerala like Kochi, Trivandrum and Thrissur. Head off, to purchase your dream apartment with the most trustworthy real estate builder like Varma Homes. Find your dream home with us, great experiences are just around the corner!!! Also, read Importance of using RERA website before buying property.docx
Read MoreThe significance of finding the right location for your apartment is not a compromising factor when it comes up to buy an apartment. As a home seeker, you have so many preferences for your perfect apartment. Usually, while searching for a flat, the buyer is highly advised to look for a location that is serene and gives you access to sound educational institutions and other significant landmarks in the area. Buyers give priorities to the prominence of looking into the security and quality of the neighbourhood in the site. Varma homes is one of the reputed builders in Kochi, in which all their apartments in the realm of Kochi, Trivandrum and Thrissur. Chottanikkara is one of the dream location in Kochi for those who want to purchase an apartment or home since the place has its own significance from others. It is a panchayat, which consists of Chottanikkara, Eruvely, Kureekkad, Kanayannur, Vattukkunnu, Kottayathupara and Palace Square. The place is a southern suburb in the city of Kochi and is a part of the urban agglomeration of Cochin City. Get To Know The Localities Advantages At Chottanikkara! When you live in Chottanikkara, you are close to what a noble lifestyle demands. The famous Chottanikkara temple is located in this town and the place has good access to the well-known Karingachira church. Chottanikkara has excellent connectivity to the seaport - airport road, mini bypass, and more, which makes the living in the land of temples, a truly royal experience. The ease of access to metro makes this place worth living. For a place with a surprisingly tranquil atmosphere, where you will get metro trains every now and then, Chottanikkara is a good family option. One of the major attraction of the city is Hill Palace, which is the largest archaeological museum. The various tourist from the nook and corner of the world has visited this palace to witness the authentic royal dynasty lifestyle of traditional Kerala Culture. The town has also good accessibility to the shopping malls, schools, colleges. The Government school Stadium of Chottanikkara is one of the largest Stadiums in Ernakulam District. EruveliPallippurathumana is the famous shooting spot at Chottanikkara. Moreover, it has bus stops in every part of the town and railway transportation is available. Unlike other urban areas, people need not be concerned about water availability as panchayat also provides drinking water supply. The lush green environment and round the clock water availability are some of the major fascinating factors for choosing this place as the perfect location for living. The famous IT hub Infopark is located near to Chottanikkara. Infopark triggered the whole real estate boom, inviting key players from all portion of the globe. Infopark also improved the lifestyle and culture of Chottanikara as a whole with the new residential and commercial ventures. Thus, the impact of the IT industry also thrives the absolute worth living in Chottanikkara. Chottanikkara bids easy access to all the main destinations of Kochi along with cosiness of a location well outside the limits of Kochi city. The real estate potentials of this place are highly striking which makes an excellent choice for a person looking for an apartment or flat in Kochi together with investment interests. Last but not Least, the Varma Bougain Heights at Chottanikkara is the major element that distinguishes Chottanikkara from Others. It is a luxury apartment in the heart of Chottanikara by Varma Homes, which offers you the same locality benefits and ensures all the superior amenities in terms of both quality and cosiness. Varma Homes, the top and finest builders in Kochi are perfect at designing comfortable living spaces. If you are planning to buy an apartment in Chottanikara, then head on to the Varma Bougain Heights at Chottanikkara. Come and experience an outstanding living at Varma Bougain Heights that will give you a flavour of grandeur and greatness of Varma Homes.
Read MoreA home is an utmost investment that you have made in your life. So, when you are planning to purchase a flat or an apartment for yourself and your family members, you always need to put in some extra care and effort. People usually purchase or buy a flat either by seeing some advertisements or getting recommended by others or being influenced by google search results. But a plethora of studies have claimed that many companies do some cheap or inferior quality promotions only to entice customers towards their projects. When it comes to the handover phase, they hardly provide them with any modern amenities or use very inferior quality materials for construction. So, it is always recommendable that as a buyer you should check thoroughly before investing a single penny in a property.Location's everything for a home.The paramount concern when you relocate to a new home should be convenience. The location of the home should place you near your workplace with urban conveniences like shopping and public outlets when within walking distance.AmenitiesYou also need to check whether your apartment is equipped with all new amenities (gym, swimming pool, indoor games area, banquet hall, fire extinguisher, etc.) or not. So, put amenities in your flat purchase checklist.ConnectivityConnectivity is another prime thing to check before buying a flat in Kerala. If your apartment is well-connected with retail shops, hospitals, schools, bus stops, and medical stores, then everything will become easier for you.Sense of securityThe security arrangement in an apartment complex will ward off all unwanted salesmen, beggars and suspicious strangers. Even if the family goes out of town for a few days your home will be safe and secure.Builder's BackgroundMake a checklist before buying a flat and make sure, this one tops the list. Whenever you look for a flat, do a background check of the builder or the seller. Make sure everything is legal. Make casual conversations and find out about his life. How a person earns his bread says a lot about him.Most importantly, legal documents need to be checked before buying a flat from the builder. This is to minimize any sort of legal drama that may occur. When it comes to documents and police work, the case may stretch for years. And you do not want that over your head.The Area The next important thing to take notice of is the locality of your house. Kerala flats are located in rather neat areas but you need to make sure. What helps a lot is talking to the neighbours. They will be able to provide the best information about the current owner. Additionally, check if the place is too noisy for you and if it matches all your standards. Once you buy the house, there is no turning back. Therefore, it is wise to make a 'before buying a flat checklist'.Outdoor AreaIf you have children, then before purchasing a flat you should check whether it includes any outdoor area or not. Because children love to play different outdoor games and for that, they need a spacious and airy outdoor area. Moreover, if you have a large and open outdoor area, then you can also do some physical activities which are very wholesome for your health.You can't choose your relatives. But the neighbours you can.Where you live is at your sole discretion. When you relocate to a new home make sure the neighbourhood is of your social status and liking. The community you live in will be of your liking. Your children will have good company to play with.Every housing project looks beautiful on paper. Before you buy a home from a builder, inspect a few projects of the same builder to understand the quality and standards they offer. Better still, ask some residents about living standards. Because you don't buy a home every other day.Varma Homes in Kerala is one of the most prominent home builders, who have completed 18 + luxury projects across Kerala. 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 MoreProperty valueThe property values in Kochi have steadily increased throughout the years. Purchasing a flat in Kochi may bring excellent returns on investment as property values rise over time. Kochi is strategically positioned in southern India and is well-connected to the country's other main cities. This makes it an attractive place for businesses to establish themselves and for people searching for a well-connected house. It features a first-rate infrastructure in terms of transportation, healthcare, education, and other necessities. This makes the city an appealing location to live and work, which boosts property values.Rental incomeKochi is a significant commercial hub that draws a large number of individuals who come to the city for jobs or education. Investing in an apartment in Kochi may produce a consistent rental income, making it a good investment choice. In addition to providing a steady stream of income, the property's returns or rental income will be inflation-adjusted. The rental yield for flats in Kochi is around 4-6%, which is relatively high compared to other cities in India.Lifestyle BenefitsKochi is a lovely city with a rich cultural background, and buying an apartment there gives you access to a variety of lifestyle amenities including parks, retail centers, and recreational facilities. The city also includes a number of parks and green areas that provide a welcome respite from the rush and bustle of metropolitan life. It has a reduced cost of living than other major Indian cities. This makes it an excellent choice for people seeking a pleasant living without breaking their wallets. It offers multiple well-equipped hospitals and healthcare facilities, making it a perfect location for individuals who desire convenient access to quality healthcare. It also has an extensive network of buses and trains, making it simple to get around the city and visit the surrounding areas.Tax benefitsThe local government imposes a property tax on properties in Kochi. Property taxes in Kochi are cheaper than in other major Indian cities. Property owners in Kochi can also get tax breaks on the interest they pay on their house loans. Subject to certain criteria, residents can claim tax breaks on capital gains on the sale of their homes. Kochi has a Special Economic Zone, which provides many tax breaks to enterprises that operate within it. These advantages include tariff and tax exemptions on items imported or exported from the zone.Rich CultureKochi has a plethora of cultural attractions for visitors to explore. This dynamic city has plenty for everyone to explore and admire, from traditional dance and art to historic buildings and delectable cuisine. It is well-known for its exquisite food, which includes a broad range of vegetarian and non-vegetarian meals. Appam, puttu, and fish curry are among the must-try delicacies in Kochi. Here, you get a glimpse of Muziris Biennale, which is the best festival to attend because of its upbeat atmosphere created by artists, musicians, dancers, and cuisine. You would not be startled to hear Hindi or any other language in this city because many people speak Hindi and other languages. Metro exposureThe introduction of the Kochi Metro has transformed the face of Kochi, making it easier to go to most destinations inside the city without getting stuck in a frustrating traffic jam. Kochi's public infrastructure has been updated, and the Kochi Metro has improved the city's brand image. As a result, there has been an increase in demand for homes near metro stations, which has bolstered the real estate industry.Kochi is seeing an increase in demand for luxury apartments, with numerous developers developing high-end developments in the city. This gives an opportunity for individuals wishing to invest in high-end properties with substantial profits. Purchasing flats in Kochi may be a smart investment for people seeking a consistent rental income, capital gain, and a developing market for luxury apartments.
Read MoreEveryone dreams of owning a beautifully designed luxury home. What makes a dream home luxurious are its features like amenities and interiors. If these features remain the same, then what makes a luxury mansion stand out? Now, we can see that many luxury apartments in Kerala are made with exclusive features that make your dream home lavish and elegant. When it comes to luxury living, the choices to customize your living space are infinite. Moreover, you do not have to be rich to have some of that luxury. Here are some most common features that define a luxury home. Technologically Competent: Most of the real estate builders and homebuyers believes that a luxury home should be exemplary in the kind of technology it uses. Hence, automation is the keyword. Based on the price of the property, the range of technological advancement would differ. Smart home technologies are very much in demand these days and these technologies monitor systems inside and outside the home. Whether it is controlling the smart lighting and sound homes, thermostat, smart toilets or locking the door, you can easily look after your home from anywhere in the world using a smartphone. Such kind of features separates a luxury home from a normal one. Open Floor Plans: Today we can see that the homes do not have separate areas like kitchen and dining. All these areas come together in one big living space for a comfortable and flexible living experience. Many luxury homebuyers are demanding the open floor plan for their homes. High-End Kitchen: If the heart of the home is the kitchen, then luxury homes have a very strong pattern. Kitchens are now coming as a spacious kitchen with top-class appliances and high-end equipment like chimneys, fridge microwave, dishwashers etc. from high-end international brands. Security: Many luxury apartments in Kerala have in-built security features that are necessary. These security features are what separates luxury homes from standard ones. To secure your home from burglary actions and unwanted attention, the homes come with smart locks, safety alarms for fire or break-ins, CCTV cameras etc. Apart from home security systems, these luxury apartments also have strong security at the entering of the property. Breath-taking View from Apartment: A home may have all the specifications and amenities, which makes it world-class, but if it lacks a breath-taking window view, then it is not qualifying as a luxurious apartment. That is nothing feels better than coming home from work to a serene and a peaceful environment. Luxury apartments designed with open areas and huge balconies provide a fantastic view of the surroundings. You can enjoy staring at the skyline or breathe in some fresh air while you calm your mind as you watch the sea. Entertainment at Home: A home with a home theatre and a personal gaming zone is the new trendsetter for defining a luxury home. The latest updates in the niche market gadgets are must-have things for both the old and young alike. The objective of this feature is to create a space where the homebuyer never feels the need to leave the luxuries of the home. Spa Quality Bathrooms: This is yet another feature that sets luxury homes apart. The bathroom serves a utilitarian purpose, but many people consider it as a perfect place to relax after a long day. The luxury homes bathrooms are right on par with professional spas. They not only have a separate shower and tub but also saunas, steam rooms, touch screen mirrors that double as a TV. In a nutshell, Luxury homes are all about lifestyle and have stepped up to offer more comfort living to homebuyers than ever before. Amenities that were once considered an extravagance have become standard and have forced homebuilders and homeowners to take luxury amenities to the next level. If you are a luxury buyer looking for that unique feature and special touch that sets a home apart from all the rest. Then you can get in touch with Varma Homes, the most promising builder in Kerala offering superior quality and affordable luxury apartments in Kochi, Trivandrum and Thrissur. We design all our residential projects with care to make the life of the residents easy and lavish.
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