The people in Kerala is taking up a different angle in apartment living perspective as many number of people are opting for community living in most of the cities. The emergence of industrialization and the boom in modernization has completely changed the present lifestyle scenario.
When cities like Kochi and Trivandrum, have already welcomed apartment living, it is now the time for Thrissur to set the stage to embrace the apartment living style.
Thrissur, the Cultural Capital of Kerala is among those cities that has gained so much popularity in the development of real estate industry in the recent years. And this has paved the way to the rise of apartments and flats in Thrissur in great numbers.
People residing in independent homes rarely make an attempt to acquaint with their neighbours. But the situation is different in case of people sharing the same building. The people living in apartments know each other and they constantly gather to strengthen & maintain the cordial bonds of communal living.
No one really takes the effort to build fitness centres or swimming pools spending big bucks for their own homes. But you have the access to a wide range of amenities including fitness centres, swimming pools, rooftop party area, recreation space, children’s play area and much more with apartment living, which is considered as an added advantage.
The legal sophistication, rising land & housing prices and the need for better security homes are some of the major factors that has led people to restrain the thoughts of building an independent home on their own.
Varma spectrum - the new luxury apartments situated at Poochatti marks Varma Homes’ entry into Thrissur. It is close to NH and nearby to Bhavan’s Vidya Mandir. The amenities offered include fitness centre, furnished lobby, rooftop party area, recreation space, library, indoor play area, water treatment plant, provision for 24hrs security, firefighting system, sewage treatment plant, surveillance camera on selected areas, etc.
“Seeing is believing”, therefore experiencing your new home through a sample flat seems to be a significant task for a home buyer, even though there are many important factors to be considered regarding this approach too. A sample flat is one of the marketing practices used by the builders to exhibit their clients of what they can actually offer in their proposed house. From the real estate developers’ point of view, it is much more effective than the traditional marketing techniques used such as banners, brochures, emails, etc. And from the home buyers’ point of view, it is an added advantage for them, as they get to see their proposed house with all its interiors done, well before the actual purchase of it. It is indeed an exciting experience to know how their abode will look like. Following are the factors to be considered while seeing a sample flat: 1. Have a look at two or three properties from the same builders to get an overall idea about their recent residential projects. 2. Go for trustworthy builders who can deliver their proposed projects on time without making any delay. 3. Use the sample flat as a sensible guide to know how your home might finally be like. 4. In order to get a clear picture of your apartment, have a look at the layout plan and the architectural drawing. 5. Prepare a cost estimate, well in advance before making a final decision on buying the apartment. 6. Read out the sale agreement carefully, discuss with your home builder then and there so as to avoid any disagreeable conditions in the future. Varma Homes, the top and the trusted builders in Cochin presents the sample apartments of Varma Regent at Edappally. The top builders in Edappally is all set with their sample apartments of the current ongoing residential project located at Ponekkara. Varma Regent, the affordable apartments in Edappally with all the luxury amenities, is on its last phase of completion. The 2 bhk luxury apartments ranging between areas of 862 sq.ft to 1357 sq.ft ensure all premium facilities on an affordable price range. And the project is likely to get accomplished by the end of December. Only a few units are left, as most of the units of Varma Regent are already sold out. Varma Homes is the best and the trustworthy home builders in Kochi whom you can count upon. All the home seekers out there, who are looking forward to buy apartments in Edappally, pay a visit to Varma Regent’s sample apartments near Lulu mall - one of the major attractions for someone looking for luxury flats in Edappally. For more details about flats in Edappally, contact us today. Call +91 9645 88 33 33 for more details.Read More
Start saving earlyYou may save a sizable down payment over time if you start saving early. This can help you get a better mortgage interest rate and minimize the amount of money you need to borrow, saving you thousands of dollars in interest payments over the life of your loan. Saving early might assist you to avoid incurring excessive debt while purchasing your dream house. You can save financial burden and make it simpler to pay off your mortgage over time if you make a sizable down payment.Determine your budgetMake a list of all the expenditures you will have to pay when you buy a house, such as mortgage payments, property taxes, homeowner's insurance, utilities, upkeep, and repairs. Calculate how much cash you can put down as a down payment. A higher down payment will lower your monthly mortgage payments and interest rate. You may set a budget and make a realistic plan for purchasing your dream home when you are young. Remember to be honest with yourself about how much you can afford to spend and to avoid overpaying, which can lead to financial problems in the future.Check your credit scoreWhile purchasing your ideal home, it is critical to verify your credit score. Your credit score is an important aspect in determining whether you qualify for a mortgage and what interest rate you will be offered. A higher credit score may enable you to obtain a lower interest rate, saving you money throughout the life of your loan. Monitoring your credit score before beginning the home-buying process can give you a sense of where you are and whether you need to make efforts to improve it. It will also enable you to detect and remedy any problems or inconsistencies in your credit report.Research the real estate marketReal estate is a broad sector, and you must decide which area of the market you want to investigate. For example, you could wish to concentrate on residential or commercial properties, a certain geographical location, or market trends. After you've decided on a study topic, you'll need to collect and evaluate pertinent data. Data on property prices, rental rates, vacancy rates, property inventories, and demographic trends may be included. Studying the data will assist you in identifying market patterns and trends, such as changes in property prices or variations in demand for specific types of properties. You can utilise statistical tools and techniques to successfully examine the dataWork with a reputable real estate agentReliable agents are well-versed in the local real estate market, including the elements that influence property values and trends. This knowledge may be quite useful when buying or selling a home. Skilled agents frequently have a large network of real estate industry contacts, such as mortgage brokers, house inspectors, and contractors. This network can be useful in locating the correct persons to assist with the transaction. Real estate brokers are well-versed in the legal elements of purchasing and selling homes, such as contracts and disclosure obligations. They may assist in ensuring that all legal criteria are completed and the transaction runs smoothly. Varma Homes has the negotiating abilities to assist you receive the best bargain possible whether buying or selling a home. They may assist you in navigating the transaction's intricacies, such as the bidding procedure, counter-offers, and other discussions.Factor in additional expensesHome maintenance and repair can be a big recurring expenditure. When purchasing your dream home, it is critical to factor in these expenditures, which include normal upkeep such as lawn care, HVAC tune-ups, and repairs for unanticipated situations. Homeowners pay HOA fees in many communities to cover the expense of common area upkeep and amenities such as pools, clubhouses, and landscaping. These costs may differ based on the neighborhood and the facilities available. Moving costs vary based on location, number of items, and other considerations. Hiring a moving company, renting a vehicle, or purchasing packing goods are examples of these costs. If your ideal house requires modifications or improvements to fit your demands, these expenditures must be considered.Don't rush into a decisionPurchasing a home is a substantial financial investment. If you make a hasty decision, you risk overextending yourself financially, which may lead to stress, financial issues, and even foreclosure. Jumping into a house purchase may indicate that you have not fully prepared for the process. This can result in errors, oversights, and missed opportunities. Purchasing a home is a complicated process that necessitates an understanding of the real estate market, lending sector, and legal requirements. If you make a hasty decision, it is possible that you haven't taken the time to educate yourself on these aspects.Get everything in writingA written contract clarifies the agreement's conditions, such as the price, payment terms, closing date, and any contingencies. It protects both the buyer and seller by clarifying each party's responsibilities and obligations. This can assist to avoid future arguments and legal concerns. Both parties are held accountable for their promises and obligations under a documented contract. This guarantees that everyone engaged fulfills their responsibilities. It is legally binding and can be used as evidence in court if there is a disagreement. Both the buyer and seller benefit from this degree of safety and security.Hire a real estate attorneyA real estate attorney may analyze the purchase agreement and other legal paperwork to ensure that your interests are safeguarded and that no legal concerns occur later. Throughout the home-buying process, a real estate attorney may give legal assistance, including clarifying legal jargon and addressing any concerns you may have regarding the transaction. He can perform a title search to confirm that the property's title is free of any liens or other legal difficulties that could jeopardize your ownership. represents you throughout the closing process, ensuring that all legal requirements are completed.Be patientIt takes time to find the ideal home. It is critical to be patient and wait until you locate a property that fulfils your wants while remaining within your budget. If you rush into a purchase, you may end up with a home that is not a suitable fit for you. Prior to closing on a property, it is critical to conduct due diligence, which includes a home inspection, title search, and study of legal papers. Being patient and doing all necessary diligence might assist to avoid costly shocks later on.Read More
Amidst the second wave of Covid-19, virtual home buying is again becoming increasingly common these days. For now, it is much safer to take a virtual apartment consultation rather than physically going to numerous locations to watch them in person. Now is a great time to take the privilege of the virtual home buying process. This opens a substantial opportunity to digitize home purchasing steps end-to-end, keeping in mind varying behaviour, attitudes & desires of homebuyers. As many supposing homebuyers were not ready to travel in-person to sites or project locations due to this pandemic scenario. Ie. Literally, there were no face-to-face meetings; these were changed by fully contactless transaction infrastructure, virtual tours, meetings, online choice of apartments, digital documentation & payments. Let’s start by looking at the key steps of the virtual home buying process as a whole: Virtual Consultation This step is very similar to a typical buyer’s consultation, except that the meeting is held over video conference. In this step, the builder will connect you with a sales officer to help you get started on your virtual home buying journey, start the discussion, understand your requirements, price range, & any further criteria that you would like to have through video conference, phone or email etc. Virtual Tour Normally, we would plan a time to go & explore your favourite apartments once your list is shortlisted. The virtual tour of apartments is quite similar in approach. Once you find a property that you need to see, the sales officer will schedule a time to do a walkthrough/video tour of the apartment. The virtual tour can either be live over FaceTime or recorded for you to watch later. Preferably blocking the virtual tour time along with your sales officer is the best option so that you can see the apartment property live. As this lets you pose inquiries & can allow you to point out areas you are keen on seeing a greater amount of. Conduct Purchasing Process Online After conducting a video tour, you are confident that you have found the perfect home. Then you can start your purchase through the purchase contract & find chances for the available offers. When the real estate builder has reached terms that you feel worthy of & are confident will result in final purchase. That is right from enlisting an offer to signing a purchase contract such an ample home purchasing procedure can easily be done online via email & any other online platform. Home Inspection From a purchaser’s angle, even if you are virtually doing most of the home buying process, it is essential to schedule a professional home visit adhering to all COVID-19 protocols. Grab Advantage of Mobile & Technology Possibilities Advanced mobile & technology possibilities make the online home purchase process simpler, as they provide different choices to handily & safely bring the whole service process to the home purchaser such as signing documents via DocuSign & DigitalInk and can access remote mobile notaries to verify your identity & signatures to ensure that the whole buying process is completed efficiently and safely. Based on the lockdown-induced chance, we at Varma Homes teamed up with digital technology to offer a contactless home buying experience for our customers. Being the responsible & trusted builder in Kerala, we know that owning a home is more important than ever. So we take a step ahead for realizing our customers ' dream home into a reality in this pandemic time via virtual consultation. So if you have any plan to buy your dream apartment right now but aren't able to make it happen during these unusual times, then this is the right time to purchase your dream apartment with Varma Homes via virtual consultation. So get in touch with us today, we are here to help you to realize your dream home even in these difficult times!Read More
The real estate market in Kerala has undergone significant changes over the last decade. As the economy has grown and the population has increased, the demand for luxury real estate has also risen. The changing landscape of luxury real estate in Kerala presents both opportunities and challenges for developers and buyers.Opportunities:1. Growing Demand: As Kerala's economy has grown, so has the demand for luxury real estate. The state has a large number of affluent individuals and NRIs who are looking for premium properties. Luxury homes offer modern amenities, high-end finishes, and a comfortable lifestyle, which are increasingly being sought after.2. Rising Income: With the increase in disposable income of individuals, there has been a growing demand for luxury homes in Kerala. Many professionals who have returned to Kerala after working abroad or in other states are looking for premium homes that match their lifestyle.3. Tourism: Kerala has become a popular tourist destination, and the demand for luxury vacation homes has risen significantly. Many investors are buying properties in prime locations to convert them into vacation homes or homestays.4. Attractive Investment: Luxury real estate in Kerala is a lucrative investment opportunity. Properties in prime locations, with unique features and amenities, tend to appreciate quickly and offer high rental yields.Challenges:1. High Prices: Luxury homes in Kerala are priced higher than other types of properties. This makes it a challenge for many buyers to make it financially viable, and developers must ensure that the amenities and features offered justify the higher costs.2. Lack of Infrastructure: Many luxury properties in Kerala are located in areas that lack basic infrastructure facilities such as proper roads, electricity, and water supply. This poses a challenge for developers to provide these amenities and create a comfortable living environment.3. Regulatory Challenges: Real estate development in Kerala is subject to strict regulations and government approvals. Obtaining permits for construction and project completion can be a lengthy and complex process, adding to the cost of the project.4. Competition: The luxury real estate market in Kerala is highly competitive, with many developers vying for the attention of affluent buyers. Developers must ensure that their properties offer unique features and amenities that set them apart from others in the market.Conclusion:The changing landscape of luxury real estate in Kerala offers both opportunities and challenges for developers and buyers. While the growing demand for luxury homes presents a lucrative investment opportunity, developers must ensure that their properties offer unique features and amenities that justify the high cost. Buyers, on the other hand, must carefully consider the location, infrastructure, and regulatory requirements before investing in luxury real estate in Kerala. With careful planning and attention to detail, developers and buyers can navigate the changing landscape of luxury real estate in Kerala and benefit from this growing market.Read More
LocationWhile looking for an apartment, one of the most crucial elements to consider is location. The location of your apartment may have a significant influence on your quality of life, convenience, and access to facilities and services. If you're looking at flats for sale in Kochi or apartments in Trivandrum, consider aspects such as proximity to your workplace or school, access to public transit, and the availability of shopping, dining, and entertainment opportunities. It's also essential to think about your lifestyle and what you like to do in your spare time. If you prefer outdoor activities, for example, you may wish to pick a place near parks or recreational facilities. If you want a more urban lifestyle, you can consider living in the middle of a bustling city center. Finally, the location of your apartment will have an influence on your daily life and overall contentment with your living environment, so examine it carefully before making your selection.Size and LayoutThe size and layout of the apartment should cater to your needs. If you're exploring options with top builders in Kerala, ensure that the space is adequate for your family size. The apartment's size should be appropriate for your needs, and the layout should be useful and handy for your lifestyle. While deciding on the size of a flat, consider how many people will be living there and whether the space is adequate for your needs. Look into the number of bedrooms and bathrooms, the quantity of living space, and the storage space available. The apartment's layout is also significant since it impacts the flow and usefulness of the area. Search for a flat with a plan that is appropriate for your lifestyle and demands. If you like to entertain, you might prefer a more open floor plan with easy movement between the kitchen, living room, and dining area. The arrangement of the flat can also affect privacy and noise levels. Evaluate if the bedrooms are in a peaceful region of the apartment and whether the living space is isolated from the bedrooms to reduce noise disruptions.Conditions of the ApartmentThe apartment's condition is paramount. When viewing flats in Thrissur or apartments in Trivandrum, look for signs of wear and tear. Ensure that the plumbing, electrical, and HVAC systems are operational. Address any concerns with the landlord or property management before finalizing. Because the state of the flat might affect your safety, comfort, and quality of life, it's important to properly evaluate it before making a selection. Look for indicators of damage or wear and tear, such as cracks in the walls or ceiling, water stains, or damaged flooring, when viewing the flat. Check the plumbing, electrical, and heating/cooling systems to ensure they are in working condition. Look for evidence of vermin, mold, or other health risks. If there are any problems with the flat, talk to the landlord or property management about them and ask whether they will be fixed before you move in. Consider the general cleanliness and care of the building and common facilities, such as hallways and elevators, in addition to the physical condition of the unit. This can provide an indication of how effectively the building is kept and how attentive management is to tenant issuesBuilding Maintenance and ManagementWhile looking for a flat, building upkeep and management are key elements to consider. The standard of maintenance and administration can have a significant influence on your flat living experience. Building maintenance ensures that the structure is kept in excellent shape, which may assist prevent safety issues while also increasing your comfort and convenience. Good maintenance, for example, ensures that elevators are in good working condition, plumbing is running correctly, and common spaces are clean and well-lit. A well-managed building guarantees that tenants are treated fairly and that any problems or issues are addressed in a timely and professional way. This may have a significant influence on your quality of life in the building by affecting your interactions with other tenants, access to building amenities, and the degree of help you receive if you have any difficulties or concerns. While looking for a flat, look at the building management firm or landlord's reputation and track record. Browse reviews or ask existing tenants about their building management and maintenance experiences. Homeowners Association (HOA) FeesThe Homeowners Association (HOA) is an important component to consider while shopping for an apartment or co-op property. HOAs are often in charge of maintaining the building's common facilities, such as the lobby, corridors, and elevators, as well as any shared amenities, such as a pool or fitness center. They may also be in charge of implementing building rules and regulations, such as noise limits and pet laws. While choosing an HOA-managed flat, it is critical to study the HOA's financial accounts and budget to ensure that the organization is financially healthy and can afford to maintain the building and facilities. You should also research the HOA's rules and regulations to verify that they are compatible with your lifestyle. Attending an HOA meeting or speaking with current homeowners can provide insight into the amount of interest and communication within the organization. A well-managed HOA may enhance your living experience by ensuring that the building is well-maintained and that members appreciate one another. SecurityA secure apartment may provide you peace of mind and make you feel protected in your own home. Consider apartments with safe entrances, such as a secured lobby or intercom system, as well as whether the building has security cameras or a security guard. You should also think about the neighborhood's crime rating, closeness to public transit, and availability of on-site parking. You may also look up crime statistics for the region to get a feel of how safe the neighborhood is.Resale ValueWhen determining resale value, it is critical to examine current market trends and estimates for the region. Investigate the local real estate market to discover whether there is an upward trend in property values. Take into account any prospective developments or changes in the community that may have an impact on property values. Consider the apartment's condition and characteristics, which might affect its resale value. A well-maintained apartment with contemporary facilities and in a desired location, for example, may have a greater resale value than an older, outdated flat in a less desirable area. While resale value is a significant element, it should not be the only factor to consider when selecting a flat. You should also prioritise factors that will impact your quality of life in the flat, such as location, size, layout, building amenities, and security. Varma Homes can provide you with the greatest services and assistance for all of your future ventures.Read More