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Why Kerala Is The Perfect Place To Buy A Flat Right Now
Kerala, the southern state of India, is known
for its beautiful landscapes, serene backwaters, and unique culture. However,
in recent years, the state has also become a hotbed for real estate investment.
With its fast-growing economy, excellent infrastructure, and increasing demand
for housing, Kerala has emerged as the perfect place to buy a flat right now.
In this blog, we will explore the various reasons why investing in a flat in
Kerala is a wise decision.
High-Quality Construction:
Kerala is home to some of the finest builders
and construction companies in India. They use the latest technology and
materials to ensure that their projects are of the highest quality. From
foundation to finishing, every aspect of construction is carefully planned and
executed. This ensures that the flats are strong, durable, and require minimal
maintenance.
Affordable Prices:
Compared to other metro cities in India,
Kerala offers affordable real estate options. The cost of living in Kerala is
lower than other major cities like Mumbai, Delhi, and Bangalore, which means
that you can get more for your money. The cost of flats in Kerala is also
relatively lower than other metropolitan areas, making it an ideal destination
for investment.
High Rental Yield:
Due to the increasing demand for housing in
Kerala, there is a high rental yield on properties. The state's economy is
growing at a steady pace, and as a result, the demand for housing is also
increasing. This means that if you invest in a flat in Kerala, you can earn a
high rental yield, making it an attractive option for investors.
Growing Economy:
Kerala has a rapidly growing economy, driven
by industries such as tourism, IT, and healthcare. The state has a
well-developed infrastructure, including an extensive road network, airports,
and ports. This makes it an ideal destination for businesses looking to expand
their operations. As a result, there is an increasing demand for housing in the
state, making it an ideal investment destination.
Tourist Destination:
Kerala is a popular tourist destination, known
for its beaches, backwaters, and hill stations. As a result, there is a high
demand for short-term rental properties in the state. Investing in a flat in a
popular tourist destination like Kerala can help you earn significant returns
on your investment.
Safety and Security:
Kerala is one of the safest states in India,
with a low crime rate. The state also has a robust police force, ensuring that
law and order are maintained. This makes it an ideal place to buy a flat, as
you can be assured of the safety and security of your investment.
Quality of Life:
Kerala is known for its high quality of life,
with a focus on education, healthcare, and social welfare. The state has a
well-developed education system, with some of the best schools and colleges in
India. The healthcare system in Kerala is also well-developed, with some of the
best hospitals in the country. This makes it an ideal place to live, work, and
invest.
Kerala is the perfect place to buy a flat
right now. With its high-quality construction, affordable prices, high rental
yield, growing economy, tourist destination, safety and security, and quality
of life, investing in a flat in Kerala is a wise decision. So, if you're
looking to invest in real estate, Kerala is definitely worth considering.
We, at Varma Homes, have always believed in
Constructing Happiness for our customers who believe in investing safely in
happy homes for generations to come. We have maintained our exceptional quality
and high standards over the years and this includes choosing vendors and
partners who are equally responsible so that our customers have only the best.
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Reasons Why Luxury Flats in Trivandrum Are Worth The Investment
Trivandrum, the capital city of Kerala, has witnessed a significant surge in the demand for luxury flats in recent years. The city's rapidly developing infrastructure, pleasant climate, and scenic beauty have made it an ideal location for luxury living. In addition, Trivandrum's booming IT sector, world-class healthcare facilities, and top-notch educational institutions have attracted high-income professionals and investors to the city, leading to a rise in the demand for luxury homes. This article will explore the various reasons why luxury flats in Trivandrum are worth the investment, analyzing the key factors that make Trivandrum an attractive destination for luxury living and highlighting the benefits of investing in luxury real estate in the city.High DemandMany reasons contribute to the strong demand for luxury flats in Trivandrum. Trivandrum is a developing city that has become a center for information technology firms, government institutions, and other businesses. As a result, there is a continual stream of professionals looking for pleasant and convenient housing choices, such as luxury apartments. Trivandrum is also noted for its great infrastructure, which includes superb roads, transit networks, healthcare facilities, and educational institutions. The city also has a high level of life, making it appealing to people searching for luxury living alternatives. New developments with contemporary facilities and high-quality construction are being launched by developers, drawing investors and homebuyers. The city's expansion, infrastructure, style of life, and real estate market all contribute to the strong demand for luxury flats in Trivandrum, making it a great investment prospect for individuals interested in the real estate sector. Excellent InfrastructureTrivandrum has outstanding infrastructure, including adequate roads, transit systems, healthcare facilities, educational institutions, and other amenities that make it a pleasant and convenient place to live. Trivandrum has an extensive public transit system that comprises buses, taxis, and auto-rickshaws that link the city's many neighborhoods. The city also boasts a well-connected road network, making it simple to get about. Trivandrum features some of the state's greatest hospitals and medical facilities. There are multiple government-run hospitals in the city and private institutions that provide world-class medical care. Trivandrum also has a number of educational institutions, including famous universities and colleges that provide courses in a variety of subjects. The city is home to a large number of schools and educational institutions that serve students from all backgrounds. It features a number of retail malls, entertainment centers, and other recreational amenities, making it an appealing destination for both tourists and locals. Growing Real Estate MarketTrivandrum is a burgeoning real estate market, with numerous new developments on the horizon, notably in the luxury real estate sector. This gives a chance for investors to purchase luxury apartments at a fair price and resell them later for a profit, as the value of the real estate is expected to rise over time. Furthermore, as more individuals seek comfortable and convenient living alternatives, the demand for luxury flats in Trivandrum is expanding. To meet this demand, developers are offering new buildings with modern facilities and high-quality construction. The Kerala government is also launching many measures to enhance the real estate business in Trivandrum. For example, it has suggested the building of numerous smart cities in the state, including Trivandrum, which is expected to boost the real estate boom. The construction of Technopark, India's largest IT park, has contributed significantly to the growth of Trivandrum's real estate industry. Many global corporations have set up shop in the park, attracting a big number of professionals to the city. This has increased demand for accommodation, particularly for luxury apartments, which are sought by the wealthy. High-Quality ConstructionTrivandrum has high-quality buildings, and developers in the city employ cutting-edge technology and materials to build their projects. The majority of luxury apartments in Trivandrum are designed to international standards and have modern amenities and conveniences. Trivandrum has a thriving real estate market, with numerous reputable builders and developers doing business there. To achieve a high standard of building, these developers use high-quality materials and expert workers. Kerala's government has implemented a number of rules and policies to guarantee that building in the state matches international standards. For example, the government has implemented Building Rules and Development Control Regulations, which give standards for building construction in the state. Several Trivandrum developers have received accreditation from organizations like the Indian Green Building Council (IGBC), which assures that structures are built in an ecologically sustainable manner. Luxury apartments in Trivandrum have exceptional construction quality, and developers take care to guarantee that their projects exceed international standards and are built with high-quality materials and technology. Potential for Rental IncomeTrivandrum has rental revenue potential, notably in the premium real estate category. Trivandrum is a rapidly expanding city with significant demand for houses, particularly in the premium market. This provides a chance for investors to purchase luxury apartments and make rental revenue by renting them to renters. Many significant international corporations, educational institutions, and government offices are located in the city, attracting a huge number of professionals and students. These people frequently opt to rent luxury apartments with current amenities and conveniences. The city attracts a high number of tourists all year, creating a need for short-term rentals such as holiday houses and serviced apartments. The rental revenue potential in Trivandrum differs according to the property's location, features, and quality. Luxurious apartments in great locations with strong infrastructure, transit, and amenities are likely to attract higher rentals. The increasing demand for luxury apartments in Trivandrum provides an opportunity for investors to generate rental income by leasing out their homes to tenants or offering them as short-term rentals. Investing in Trivandrum luxury flats for rental income might be a solid long-term financial option. But, before investing, it is critical to undertake extensive research and due diligence to ensure that the property is located in a desired region, has adequate infrastructure and facilities, and is likely to yield substantial rental revenue. Varma Homes is available to answer any of your concerns and inquiries about any investment.
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Why do people choose Kochi as a future home investment?
Kerala's financial capital city, Kochi is always growing, especially in the real estate field. People choose Kochi as a future home investment only because of the city's excellent facilities such as road and rail connectivity, Metro, etc. Kochi is a leading tourist destination too.The best investment in Kochi is for apartments. Homebuyers are high in rate, as the major IT Hubs are situated in Kochi. People look for easy and convenient daily commutes, hence they opt for apartments or flats. Kochi's real estate market is highly paid and attractive.All potential drivers such as IT development for employment generation, Metro rail for intra-city connectivity, the Smart City tag for basic infrastructure, port-based development for industry and commercial growth, airport terminal for international connectivity and foreign investment and tourism for the hospitality industry are emphasized in Kochi.This will ultimately boost demand for housing and make it one of the next highly-preferred real estate destinations in India. Inclusion in the top 20 Smart Cities:The Ministry of Urban Development, Government of India identified the top 20 candidates under the Smart City mission initiative through a competitive selection process. E-Governance and water management are focus areas as part of pan-city solutions which will help Kochi to access improved and planned infrastructure with assured water and power supply, sanitation and solid waste management, efficient urban mobility and public transport, IT connectivity, etc.Kakanad-Tripunithura-Central City, which is selected as the area for development, will witness intense development in the coming years. Numerous developers are trying to acquire land for real estate development in and around this area. The 'Smart City' tag is expected to boost prices exponentially.New international airport terminal to cater to growing demand:The new international terminal has a very positive economic impact and uplift the real estate market in the whole region. The catchment will witness the development of new retail and commercial spaces along with a good supply of residential and hospitality developments to cater to the increasing demand.The increased international connectivity will also pave the way for global companies and cargo-based businesses to deploy and expand operations nearby. The completion of the international terminal, along with an operational metro, will significantly boost the city's real estate market - and the catchment itself is expected to witness a 15-20% rise in property prices.Venue for one of two submarine cable landings in India:Kochi is one of the venues for 'SEA-ME-WE-3' (South-East Asia - Middle East - Western Europe 3) and 'SAFE' submarine cable landings and is the second Indian location along with Mumbai to have two submarine cable landings. This fact highlights Kochi as an important destination for IT-enabled services. Presently, the Government of Kochi is keen on developing IT/ITeS, as the entire Kerala state is promoting this sector heavily.The major thrust on IT/ITeS development will eventually boost real estate development in the city, as it creates demand for residential properties, Grade A office spaces and retail developments.Ample employment opportunities:The swelling number of businesses in the city has presented residents with increased employment options. The Kakkanad technological cluster and the Cochin Special Economic Zone (CSEZ) have become appealing locations for enterprises and businesses seeking to establish their base in India. The proximity of well-developed transport infrastructure and a large population of potential customers and partners has made the city attractive for businesses seeking to expand or start-up. The presence of large foreign corporations in the city has provided a good platform for the growth of the local employment sector.Continued tourism growth:Kochi receives millions of tourists annually, which is crucial in adding significant value to the city's earnings. It has historical pertinence and is a popular attraction for its coastline, lush countryside, and watersheds. Kochi is also visited annually by domestic tourists for cultural celebrations and festivals. The city's aspiration to become a prominent vacation spot provides a pathway for the skyrocketing demand for the hospitality industry and its ancillary sectors. Furthermore, the proximity of large international airports and the growing popularity of cruise tourism make the city an attractive destination for international visitors.In short, Kochi - which was earlier struggling to recover from an oversupply scenario - will see a massive revival due to the creation of demand from these initiatives. Sustainable growth in real estate prices is now assured in the city, and this has incited new interest from numerous real estate developers from all over India who are keen to launch residential, commercial and hospitality projects there.Varma Homes offer flats in Kochi with the most contemporary design style and architecture. We have been giving flats in Kochi and have a huge happy client base. On-time fulfilment and delivery of projects are some of our strong points. Our flats in Kochi use the most advanced technology, including contemporary design while keeping the highest standards in quality.
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What are the Common Mistakes to Avoid While Investing in Real Estate ?
Diversification and variety are crucial in life, be it in our personal sphere or our investments. Keeping all your arsenal under one shelter can have disastrous results at times, which makes it even more important to have multiple investment options. Real estate is a popular option among a number of people today, thanks primarily due to the safety and high returns on offer, but it is often seen that investors make blunders while investing, blunders which can have a harsh impact on their income in the future.If you do not want to commit any major mistake while investing your hard earned penny, flats in Thrissur by Varma Homes are one of the perfect examples for the same. If you're just getting started in real estate investing, don't expect to become an expert overnight. You can indeed make money buying and selling properties, but it takes knowledge, determination, and skill. It also helps to know some of the classic mistakes that others make when they start investing in property, to help you avoid making them as well.Mistakes to Avoid While Investing in Real Estate are as follow1. Not Having A Clear Investment StrategyYou should have a plan before you invest your hard-earned money in any venture. It's imperative when it comes to real estate. You should first identify where you want to invest your money. Residential homes are good options for beginners. On top of that, they also make for an easy sale later on.2. Not Doing Your ResearchAnother simple yet crucial step in real estate investment is to do your research. It might be tempting just to buy a property you like and hope for the best, but that's not how this industry works. You need to understand first what you're getting into, where you're investing your money, the potential returns (if any), and other related aspects.3. Not Considering The LocationLocation is a major factor when it comes to investing in a real estate property. One of the most major mistakes to avoid while investing in real estate property is not taking the location into serious consideration. Most people compromise on the location of a place if it costs less. This is one of the major mistakes to avoid while investing in real estate property. You might as well choose a good real estate property with the best facilities and resale value than pick a real estate property that is cheaper with numerous loopholes.4. Neglecting The Reputation Of The Realtors/BuildersThis is one of the most important things to keep in mind when planning to invest in real estate. Real estate brands and builders are the backbone of good real estate property and help in investing in one. So, when you seek a real estate brand for getting a property, it is essential to know that they are well known and have a good reputation and brand name in the market.Make sure that you keep in mind that not taking notice of the real estate brands you seek out is one of the important mistakes to avoid while investing in real estate.5. Lacking Proper PaperworkThe next common mistake to avoid while investing in real estate is nothing but not having structured paperwork. Paperwork needs to be on point to have a smooth registration process and handover of the property. Investing in good and strong paperwork is the best way to make the right decision.6. Blindly Trusting OthersA number of people who purchase property are first timers, who often rely on the word of others when they invest. Blindly trusting a third party while investing can be extremely stupid, for people are bound to do things in their best interest. Blind faith can lead to you spending more than what is necessary or purchasing real estate which doesn't suit your requirements. One should consult experts in order to get a clear picture and rely on the word of those who have a proven record of offering good deals.Committing mistakes is part of human nature, and while we cannot completely wipe out mistakes, we can learn from them. Remembering a few simple points can ensure that your real estate investment doesn't become one of the biggest mistakes of your life.The reality is that if investing in real estate was easy, everybody would do it. Fortunately, many of the struggles endured by investors can be avoided with due diligence and proper planning before a contract is signed.If you want to avoid making mistakes and want to invest in a real estate property that you think would provide you with the best results in terms of the property of value and return on investments, then you should check out the luxurious Flats in Trivandrum by Varma Homes and get your investments sorted.
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THE NEW TRENDSETTER: COMPACT HOMES
As our nation is fast-moving from developing to a developed one, affordable housing is essential for living. The lack of non-availability of land, substantial land prices and the increasing housing prices have now become the driving factors for the significant demand for compact homes. Most of the nuclear families in India preferred for compact homes, as the large space is not in their priority list. They don’t like to spend their hard-earned cash on those unnecessary spaces. On the other hand, they opt for a compact home which helps them for additional investment expenses. Compact homes are easy to manage for the nuclear family, yet large enough to put up the future of their children. With growing urbanisation and migrating employees, the demand for small and smart homes is also on the growth. Migrating employees like to settle in a flourishing city for good. Progress in rural infrastructural development and government concentrating on affordable housing programs below their agenda of housing for all before 2022, the compact housing scheme has become one of the most significant aspects in today’s picture. So let’s check out some advantages of a compact home, which are making it a smart choice for home buyers. Affordable- Costs of smaller apartments are comparatively cheaper. The idea is in line with the government's affordable housing program. Not only this, these compact apartments are armed with all modern amenities which offer a modern & elegant living experience. More Energy Efficient- Compact homes are often more energy-efficient as they have less space to heat and cool, which means they have a lower environmental footprint. Less Maintenance & Cleaning required- Large houses need a lot of maintenance costs, while compact homes are budget-friendly and typically easy on utility bills. Small room means less time paid on cleaning and home maintenance. This has been a big bonus for family, as it means to spend more time outside, doing things you love. With the smaller space, you can do most of the maintenance work yourself and save cash the cost of labour. Optimal Utilisation Of Space- Small-sized apartments let optimal utilisation of space which usually lacks in large apartments and leads to space wastage. Compact homes are carefully designed to provide everything though guaranteeing that no space is wasted. Good Resales- Because of the high demand for compact homes, it's resale value is considerably higher. This means that owners of such homes can get a good return for investment on their home without any hassle if they desire to relocate or move into larger homes. Hence compact homes are trending a lot at current for numerous good reasons, the resale will be easy. Smartly Designed- Compact homes can be constructed to outfit a high functional lifestyle. With the smart set of principles, you can design these compact homes to get the feel like a spacious space. Such as using large windows for sufficient lightening and to lessen the compacted feeling, keep the ceiling length as high as possible, lessen as much as furniture and focus more on appliances of wall hanging, give a small utility area or balcony. Compact homes allow crafting the house reliant on one’s likings and necessities. You can easily introduce the latest trend of home decors in compact homes. As these have less space, the decor expense will be very less. Living small takes creativity, ingenuity and flexibility. A big home may be a dream for someone, but a smaller home may be the smarter and the flexible choice for those who need to save money and time. Now various reputed builder is developing compact homes with all the luxurious amenities that one could think of in big homes or villas. In place of constructing it in the house itself, they are building community-based homes and offering facilities for the whole community. This is the safest and smarter choice, as many buyers are looking for small compact houses to live at their favoured location, nearby conveniences, and the best thing is they get it at a reasonable price. What are you exactly looking for? Are you looking for such budget-friendly compact apartments in Kerala? If you are looking for your dream compact apartment housing project in Kochi, reach out to us, Varma Homes, the trustable name. One of our ongoing compact apartments in Kochi is Bougain Heights, located in the most tranquil living environ of Chottanikara. It is a 2 BHK & 3 BHK compact apartment with all the modern amenities including fully automatic lifts, intercom facility, children’s play area, gymnasium, firefighting system, 24/7 power backup, 24/7 water supply, surveillance camera, security, car parking, landscape garden, conference room and breath-taking surroundings with spectacular scenic view of nature. All together Bougain Heights is simply the budget-friendly compact homes with comfortable living, tranquil nature and beyond values. Give us a call to book this stylish apartment and make way for tomorrow’s soothing living!
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High Tech Amenities Offered in Real Estate
It’s common now for most residential properties, luxury or otherwise to come equipped with a host of fully loaded high tech amenities that make personal living experiences more convenient and super comfy whilst simultaneously weaving in work and business expediency. Features such as business bays, fitness centres or concierge desks are now considered as given conveniences that are a must for the exacting demands of residents. In fact it’s not unusual for residential properties to resemble more on the lines of luxury resorts rather than simple lacklustre residences. The sky is the limit and there really is no dearth of shortage of bespoke residences that fulfil every desire. So what then should you expect if you’re a home buyer looking for a property that will comply with your needs for today and appreciate suitably or phenomenally in the future as well? Here, we’ll individually take a look at some of the niche amenities that are being offered to the conscientious customers of today whilst presenting an opportunity for realty investors to identify early opportunities in this segment. Dedicated zones for entertainment and multimedia are no longer things of the past, they are the standing reality of today. As the world moves at lighting speeds with respect to technology, gaming and virtual reality zones are fast becoming a must have feature in residential complexes. To that end, many developers are imbibing these dedicated zones in their blueprint plans. So while one can expect private Jacuzzis and spas conveniently located a few floors below their residences, it’s not going to be surprising to find private entertainment and multimedia zones located right next to them. Usually most residential configurations already come pre-designed with multimedia zones within the house itself with special provisions for enabling it with ‘smart’ features. However, lately consumer needs have started gravitating towards incorporating the multimedia zone as a shared community space rather than a private feature solely accessible to the home’s inhabitants. Many reasons can be attributed to this shift, mainly the fact that many large sized simulators are impractical within the house besides it’s more convenient to allocate the multimedia or entertainment zone outside the house and free up the space within for something else. Perhaps a private pool or a work station, as the individual requirements may go. Those residential properties already having these types of zones allocate enough space so as to accommodate dedicated gaming zones, snug bowling alleys, virtual reality golf courses, cricket pitches and table tennis or lawn tennis simulators among other outdoor sports. What’s more, there will be high end gaming consoles and the latest play stations so that kids and adults alike can partake in their daily doses of some gaming action. These sorts of entertainment zones are not intended purely as leisurely, recreational activities rather an opportunity at family bonding and professional networking intermeshed at one great, fun place, within the residential complex. Moreover as these zones are located within the complex itself, residents are saved from traffic jams and traveling woes - something anyone and everyone appreciates! Did we mention about the mini theatres or screening rooms with super plush and comfortable seating options? Those too are very much an integral part of the entertainment zone. So residents can pretty much enjoy a session at the spa, work out at the high tech health club and saunter over to the entertainment zones and end the evening either playing some virtual tennis or catch their favourite movie, whatever catches their fancy first. In the western countries, residential projects have fast caught on with these futuristic concepts. And it is thought that this will be a rage in the coming years everywhere. In fact, there are quite a few national developers who’ve even begun planning these niche features in their pipeline projects. However, there is a considerable outlay for the developer and consequently the customer too. Hence it’s best advised for any new buyer to consider these aspects beforehand. Varma Regent, compact apartments is being built at Edapally by the best property builders in Kochi. At Varma Regent, located at Ponekkara, to say 'convenient' is an understatement. The unique combination transcend to a whole new realm of affordable 2 & 3 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft. Varma Regent is one of the current ongoing residential projects of Varma Homes at Edapally. Kochi's fast paced culture is at the doorstep with the phase I of the Kochi Metro Rail project commencing up to Edappally. If you are looking to buy an affordable apartment in Edappally with luxury amenities Varma Regent is the best option. Varma Homes is one among the top builders in Kerala offering high quality and affordable luxury apartments in Thrissur, Kochi and Trivandrum. We always create the best living spaces meeting the requirements of our clients. If you are looking forward to buy apartments or flats in Thrissur, Trivandrum, Kochi then contact us today. Call +91 9645 88 33 33 for more details.
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