With your busy lives flying by, what you
wish for everyday is to have more time at your disposal. So when an expression
such as "on time" appears with regards to your dream project, won’t
you just jump ahead? But when buying a brand new apartment, there are two prime
points that you must take into account: the time of completion and the quality
of your unit. For this purpose, getting to know the detailed completion history
of the builders you assign as well as the steps they take to ensure the quality
and safety of your home is very crucial.
Readiness
is the key
At Varma Homes we have driven
"ahead of time" to realise and make dreams a reality. With years of
experience in the construction field, we have vowed to deliver the best
apartment projects across Kerala. The technical team at Varma Homes works round
the clock to plan and execute assignments ahead of schedule. And advancing
beforehand does not mean compromising the values and standards we have set
forth as a team. We have successfully completed 6 projects within a span of 5
years prior to the expected time.
Talented
workmanship
With our skilled consultant team, that
includes architects, structural engineers, PCP, fire and safety, etc., we go
the extra mile to implement competitive plans with keen foresight. Because of
our professional approach and a passionate stance, we were able to confront
challenges with ease. We have ensured that the highest quality products are
produced at all stages. This is done through check-lists, proper staff
training, and examining that the preferred commitment is thoroughly brought
about in every aspect of the apartment.
KRERA
- Prospering the real estate future
The Real Estate (Regulation and
Development) Act 2016 was enacted by the Indian government, and the Kerala government
established the Kerala Real Estate Regulatory Authority (KRERA) to regulate and
promote the real estate business in the state. KRERA is the latest champion for
the real estate sector, promoting accountability, citizen-centric policies, and
improved financial discipline, all while protecting the consumer's interests. We
at Varma Homes understand buyer’s requirement & concerns therefore all of
our projects from the year 2019, are K-RERA approved, following the industry
norms and is delivering as per given commitments. We consider RERA as an
opportunity to comply with a rule that warrants the hard-earned investment of
many.
Varma Homes has successfully established
itself as one of the most trusted builders in Kerala since its foundation. We
began with residential projects in Kochi and have since expanded to Trivandrum
and Thrissur. Our significant launches will take place in Calicut and other
major cities very soon. We've made it our full-time objective to create the
best service and quality in our price range, and we've done so consistently. At
Varma Homes, we have no stalled projects, because of our belief in constructing
happiness both deep within our team and for our stakeholders.
If you are investing in Kerala, there are various advantages to buying a luxury apartment. You will undoubtedly need a justification to bring up such a sizable purchase, and this in-depth post will provide justifications for why you must purchase a luxury apartment in Kerala.People who are not satisfied with just any kind of residence and the demand for luxury flats in Kerala may fluctuate at any given period. It is motivated by the rising standard of living, the desire for the good life among historically rich families, as well as the luxury property buyers who do so for valid reasons.When it comes to investing your hard-earned money, there are countless options available in the market. However, investing in luxury flats in Kerala can be a smart choice for your financial future. Kerala is a popular destination for tourism, and the real estate industry has been booming in recent years. In this blog, we will explore the reasons why investing in luxury flats in Kerala can be a wise financial decision.High Rental ReturnsKerala is one of the most popular tourist destinations in India, with its serene backwaters, pristine beaches, and lush green landscapes. This has resulted in a high demand for rental properties, especially during the tourist season. Investing in a luxury flat in a prime location can provide high rental returns, making it a lucrative investment opportunity.Appreciation of Property ValueKerala has seen a significant rise in the real estate market in recent years. The demand for properties has increased, resulting in a rise in property prices. Investing in a luxury flat in a prime location can provide high returns on investment, especially when the property value appreciates over time. As a result, investing in luxury flats in Kerala can be a wise financial decision in the long run.Tax BenefitsInvesting in real estate in India provides several tax benefits. Investors can avail tax deductions on the interest paid on home loans and can claim deductions on property taxes, maintenance charges, and repairs. Additionally, if the investor rents out the property, they can claim tax deductions on rental income and depreciation.High-Quality Construction and AmenitiesLuxury flats in Kerala offer high-quality construction and amenities, including 24/7 security, power backup, swimming pools, gyms, and more. These amenities provide a comfortable and luxurious lifestyle, attracting high-end buyers and tenants. The construction quality and amenities also play a vital role in determining the resale value of the property, making it a lucrative investment opportunity.Stable Real Estate MarketKerala's real estate market has shown stability over the years, with steady growth in property prices. Unlike the stock market, real estate investments are relatively stable, providing long-term benefits to investors. Investing in luxury flats in Kerala provides a stable and secure investment opportunity, which is beneficial for investors looking to secure their financial future.Investing in luxury flats in Kerala can be a smart choice for your financial future. The high rental returns, appreciation of property value, tax benefits, high-quality construction and amenities, and stable real estate market make it a lucrative investment opportunity. However, like any investment, it is essential to conduct thorough research and due diligence before making a decision. Working with a reputable real estate agency can help investors make an informed decision and maximize their returns on investment.Varma Homes is one of the famous builders in Kerala offering an array of choices for those who are looking for the Best Flats in Kerala. If you are planning to buy Budget flats in Kerala, I would say it is a wise choice. We have our projects across Kerala. You can trust and invest in our projects; our executives are always ready to help you. You just need to make a call, and we are there to suggest the best option for you. Your dream is just a call away!
Read MoreBuying flats or apartments is a very important decision that involves essential planning. Location is one of the supreme features that we look into when looking for a spot to settle down. We all have that dream to buy our dream flat or apartment with all the modern apartment facilities.When looking for a place to live with your family, Kochi is an ideal location. It has the availability of good flats and apartment associations that suit various budgets, provided with the amenities of your choice.Kochi is a place which accepts all cultures. Also, people who try for a better job and better education, opt for Kochi as one of their choices. So, we can say Kochi is the city of the future.So, whenever you are surfing through internet and wondering that, "are there any new flats for sale in Kochi?", remember these points that why Kochi is a hotspot to invest in a luxury property right now and invest without giving it a second thought.Quality of livingPositioning itself in the list of best smart cities in the country, Kochi city has a lot to offer along the lines of improvement of life of its citizens and the quality of life is unparalleled with any other city of the state.The cosmopolitan city that is less crowded (compared to other metros of the country), has a community that enriches the quality of life. Along with its prominent educational and health-care institutions that are within reach, it promotes well-being and peace-of-mind among its inhabitants.A Good Cultural EnvironmentThese days, Kochi has emerged as one of the cosmopolitan cities because people from other parts are relocated here to lead a better and wealthy life. Most of the people are suave, educated, cultured, and well-behaved. So, if you buy an apartment from a pre-eminent builder at a prime location, you will get good neighbours and companionship, and this will surely uplift your social image and life. Most of the residential areas are thronged with good and well-behaved people and thus, you will be able to provide a healthy and good environment for their upbringing.Moreover, people are amiable and helpful, so if you need any assistance, you will get it. These kinds of friendliness and cooperation you may not get at other places. Though people are friendly, they don't interfere in other's personal life. So, you can enjoy your privacy without compromising your style of living.The economic capitalRanked among the topmost emerging cities in the country, Kochi is also the economical capital of Kerala. With the residential value constantly increasing in the last decade, the real estate market has witnessed unprecedented growth in terms of capital values and development activity and is expected to see continued growth across all parameters.IT boomThe technical boom is still evolving in India and is expected to rise even further in the coming years. Kochi, being home to many big multinational companies, IT companies, and start-ups, has huge job opportunities for a large number of people. With the value for properties and land constantly on the rise, the IT boom is directly or indirectly impacting the way Kochi is growing.ConnectivitySince its olden days, Kochi has been one of the most happening cities in Kerala and is still one of the busiest port cities in India. With the state's only metro-rail transport to its credit, a smart city tag, and an international airport, Kochi is very well connected to the rest of the state, country, and world.National Highway 66 (Old NH-47) one of the longest and busiest National Highway runs through Kochi connecting it with the Northern and Southern parts of the state. Two of the major railway lines of the state also go through Kochi, making it a transportation hub.Has Positive Ambience for Property InvestmentThe laws regarding real estate investment in Kochi are very facile and straightforward. You may not find any difficulty while accomplishing your real estate purchase. Moreover, the state has strong and robust networks of real estate consultants and agents who will help you in finding the most suitable apartment in Kochi.The entertainment hubAlong with the professionals, Kochi is also the favorite spot for artists, filmmakers, and the general public. With its abundance of spaces for recreational activities, Kochi has a lot to offer on the lines of fun and entertainment.Competitive Pricing for the PropertyCompetitive pricing is an important factor that you should consider when you are planning to invest in the real estate market. Kerala is a state that offers real estate properties at competitive prices. Though the state offers a chunk of properties with a comfortable and satisfactory condition, still, the pricing is lesser as compared to the other states of the country. So, you will be a gainer if you purchase an apartment in Kerala.ClimateComfortable and convenient weather are two prime factors behind the popularity of real estate properties in Kochi. So, the climate is another prime reason that people are migrating to Kochi to lead a comfortable life. This state offers a similar kind of temperature throughout the year. Kochi observes a moderate temperature during the summer and the winter. This means you can lead a comfortable life here throughout the year. This is the main thing that you never overlook if you are planning to purchase a property at a certain place. Because you don't want to invest in such a place where the climate is too extreme.Another reason that was instrumental in driving up property prices in Kochi are the government's initiatives like single window clearance and concessional power tariff. The Kochi metro rail was also a boost to Kochi's reality market.If investing in property has been on your mind, then let Varma Homes guide you to the house of your dreams.
Read MoreIf you are purchasing an apartment with a plan to resale it sometime in the future, then you should consider certain things before going ahead with the purchase. This would be wise to bear in mind how the other buyers would view the house that you have been considering purchasing.Life is uncertain and so a critical need might arise anytime when a dream home needs to be put up for sale as well. Whatever the reason be, no one wants the headache of a property that is difficult to resell. So, here is a list of the major home resale factors that you should ideally be aware of to continue your journey of home purchasing.Developer's Reputation & GoodwillAlways validate the profile of the developer before buying an apartment. You must do thorough research on the builder's profile and dig in through the history of the builder. It is important to make a detailed study of the credibility and earlier projects which he has delivered before you invest in property. Established credentials of the builder will assure a line of defence against getting cheated out of one's money on an investment. Reputed builders will always ensure legal sanctities, structural integrity, and timely completion.Construction QualityMonitor every aspect of the construction process to drainage engineering, and attainment of acceptable levels of performance within the defined guidelines set out in the scope of work. Inspect and ensure the building's construction quality and materials used in the project to make sure the final deliverables are free from any construction-related defects in the future. Before finalising your deal, analyse the quality of construction by inspecting the strength of the structure, the floorings used, the paints applied, interior fittings, and accessories. The size of the flat in an apartmentThe house's size plays a major role in reselling your flat. With all the recent work-from-home trends, people are usually looking for homes that have more rooms and provide more privacy. However, these particular trends depend on the city or town where your property is located. For example, in urban areas, smaller apartments are more prevalent while in the suburbs, the buyers are more accustomed to larger and spacious houses. You must necessarily research which size of the home is more popular in your city and then invest accordingly. The neighbourhoodThe neighbourhood and locality have a major impact on the flat's resale value. An apartment that has more amenities and along with good safety has a higher resale value. Before purchasing an apartment, it is advised that you research several popular trends, the potential new plans of infrastructure, community areas, transit accessibility, and other necessary amenities that exist in the target area. This would be a good idea to opt for quick checking of the flat's neighbourhood. This will give you a fair idea of the neighbourhood. Safety & SecurityThe must-have safety features for residential properties include fire-fighting provisions such as extinguishers, smoke detectors, and water sprinkler systems. Also, there should be provisions to tackle natural calamities such as heavy rainfalls, earthquakes, etc.Also, the best security arrangement within the societies includes trained safety guards at the entry and exit points, CCTV surveillance, burglar alarms, and intercom systems. Ensure that the safety and security systems are in place and get updated regularly.Also Read: Reasons Why Luxury Flats in Kochi Are Worth the InvestmentThe age of an apartmentThe age of an apartment is very crucial as buyers consider certain factors like the lifespan of several elements like the apartment's roof, appliances, electrical systems, windows, plumbing, etc. Even 10-year-old apartments remain at their best if the maintenance cycle is properly followed. As one of the premium builders in Kerala, Varma Homes are designed with fine attention to detail that resonates across all its projects. The spaces are luxurious and reflect what you would only expect from upscale homeowners who will settle for nothing but the best when it comes down to their aspirations. Storage space in a flatThis is one of the factors that is often overlooked while purchasing a house especially while purchasing a flat in an apartment. While this does not enhance the resale value of a particular flat directly, this usually makes a flat more in demand amongst the buyers. Homebuyers usually prefer flats that have adequate and intelligent storage spaces.In modern houses, the homebuyers usually look for at least one walk-in closet that is attached to a master bedroom. The outdoor spaces for storage like assigned car parking, sheds for laundry activities, etc. are also taken into consideration.Bottom lineAs you start hunting for the perfect flat, it is important that all of your preferences are met. You need to take into account several different things discussed above in order to make an informed choice on which property will work best with them and also help when resale time comes around!Of course, there are plenty of red flags that you need to look into while selecting a flat for sale in Kochi, but we have listed the most notable factors for a quick read. A good investment with wise decisions can help you live, and even earn a stable income for your future generation.
Read MoreNow we can see a trend that a person’s most wealth portion is usually invested in the real estate market. This is because of its size and scale in the niche market, which gives more lucrative and attractive offers to investors. Hence, the real estate market is up surging day by day. Various factors affect to decide property costs. Read this article to get a fair idea about the factors that affect the real estate price. Demand and Supply As we know that demand and supply are the two economic forces that determine prices. That is, high demand with low supplies denotes high prices and the low demand with high supply denotes low prices. This means when the availability of properties decreases the costing of the current properties increases. Alongside a growth in the number of occupants possessing a specific area, the popularity of an area regarding individuals longing for living there, likewise drives its cost. Fiscal Growth A purchase is reliant upon the income of an Individual. When one has higher fiscal growth, rising salary, he has the choice to spend his income more on his houses; this will build demand and drive rates. The demand for a property buyer is reliant on flexible salary & hike in wages whereas the downturn denotes the falling livelihoods of a person who can’t able to buy and who loses their job may fall behind on their home loan instalments and end up with their home reclaimed. Customer Trust When it comes to making real estate investment, confidence in the real estate laws of the land is a significant factor. After the RERA implementation, the real estate laws supported the advantages of purchasers and made firm provisions against developers & agencies attempting to mislead the client in any manner. This improved the real estate properties sales across India. Infrastructural Development While searching for purchasing an apartment in Kochi, Trivandrum, Thrissur or anywhere else, a homebuyer must pay key attention to the infrastructure of that specific area. A region that has a rationally great infrastructure has seemingly greater chances of being picked by a buyer and the property price additionally shoots up. Accessibilities like accessible roads, proximity to hospitals, shopping complexes, schools, workplaces, metro rail underway, etc. all these factors considerably tend to help raise property prices. Customization The real estate worth gets higher in the case of builders undertaking customization of residential apartments based on the client’s prerequisites. For example, a few buyers may desire to have big the balcony attached to their bedrooms, or other distinct alterations. Home Loan Charges Present Home loan rates can likewise remarkably affect property costs. At the point when the interest rate for housing loans are high, it lessens the demands for a property since it makes borrowers hesitant to go through additional cash over the high-interest charge. Also, when there are lower interest rates for loans, then the demand of real estate increases. So, before finalising on the property purchase choices, every single buyer should examine these drivers to get a sensible evaluation of the apartment that interests them. As various factors influence the real estate price rise and all these must be paid attention to while setting funds in purchasing an apartment. Careful examination and research are essential for better returns, profitable investment and painless liquidity. You can also contact us; Varma Homes, one of the best builders in Kerala to know about our upcoming residential project prices. Being the most reliable builders in Kerala, we have various ongoing residential projects in the prime regions of Kochi, Thrissur and Trivandrum. We always focus on all our clients’ desires, needs and safety while investing in their dream home with Varma Homes. So, don’t mess with the rest, trust Varma Homes- Simply Unique, Simply Better & Living to Design Safer Homes!
Read MorePurchasing a house is a major responsibility & it will be the greatest buy you make in your lifetime. Purchasing the correct one takes a great deal of time and research to find a property that matches with your long-time dream home requirements. Obviously, there is the challenge that ties in with finding a house which you can afford & enjoy for quite a long time to come. Also, it might be ideal if you save a cradle sum for a few different costs that are engaged with home purchasing. We are not mentioning the initial EMI costs or down payment that you need set up prior to booking your home. On the whole; here we are discussing different costs apart from home purchasing. Registration & Stamp Duty charges: There are registration & stamp duty charges that you should pay against your property. These charges become judged based on property value. Stamp duty is a mandatory payment that the purchasers give the government to register the apartment in their name. Registration and stamp duty charges in Kerala is typically 7 to 10% of the whole property cost. Maintenance Charges: Apart from registration charges, you should save some additional cash for the maintenance costs that you need to pay the builder. It is primarily a fee for maintenance of the amenities & facilities provided by the builder. Real estate builders usually take as long as a year's maintenance charge at the time you move into a new apartment. The maintenance costs fluctuate from one property to others as it relies upon the type of amenities it offers to the purchaser. Parking Charges: As well, there are also parking charges. You should pay an extra sum for the assigned parking area. In housing buildings, each flat or apartment benefits with a selective parking spot with your home number imprinted on it. You will bear an additional charge for it at the moment of purchasing the apartment & gain with problem free & easy parking each day. Property Tax: Another cost is the tax you need to pay against your property to the state government. The amount of tax depends upon your property value & it can vary from one state to another. Accordingly, you can get the estimation done in the initial stage itself. Even though you may the alternative of paying this amount on a month-to-month basis or quarterly or yearly basis. Interior Costs: Once you purchase your own home, you will have a plan to design it in your own way. For this one, you have to spend some amount in getting the interiors done as per your requirements & preferences. This spending can charge quite a fortune relying upon the specific nature of interior work being embraced. Preferential Location Charge: It is an additional charge that gets required when you book a flat or apartment with a specific location, floor & view. You may have to pay an additional cost for a home with a lake or garden view. So preferential location charge is an extra charge which every builder will impose & it will vary with the builder. Apart from this, you will likewise need to save cost for moving your things from the existing area to the new apartment. That is relocation cost, for this you should save some additional cash for the movers and packers services that you profit. So, when it comes to purchasing a house, you have to think about the above-mentioned costs and should have a different financial plan for it. If you are wanting to purchase an apartment from the most promising real estate builder who will clarify you about every costing associated with home purchasing, then trust Varma Homes. Being the top & most demanding real estate builder in Kerala, you can completely trust Varma Homes for your dream home, which will definitely be worthy of your hard-earned money. We do charge these costs yet we will inform you concerning each cost, & you can choose the property likewise. You can select your dream home as per your requirements & budget from our different residential projects in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. You can learn more about our projects on our website and connect with our team today for making your lifetime deal with us!
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