It is everyone's longing to turn out to be financially independent. For this, most people depend on traditional ways to earn more, like being salaried in an organization or being self-employed. Yet there are different medians for individuals to enjoy surplus monetary advantages like stock purchasing, shareholding, and the long and worthwhile standby of retirement pension. Apart from all these, the most efficient way to earn is by investing in real estate. You can relish a profound pace of profits, astounding tax benefits & leverage of land to construct your wealth. Here are some reasons why real estate is an extraordinary investment.
Cash flow is the net spendable profit obtained from the investment after every single operating cost & home loan installments have been made. When you purchase a good property from a reputed real estate builder in Kerala, the cash flow will be just as hefty. You can make money through rental income as it tends to rise over time, which can lead to greater cash flow. In most cases, cash flow makes stronger over time as you pay down your loan & build up your equity. As well, RBI has recently declared a reduction in the REPO rate which creates home loans even less expensive. So this will help you to smoothly begin your investment & hence increase cash flows.
From the pool of real estate builders, you can select the best real estate builder in Kerala who can offer the best quality construction works for their projects. Because the quality of the construction work matches the most excellent grades. So it comes with assured safety, security & top-notch amenities. This shows, by investing in those properties, you are going to accept the most appealing return on your investments.
While another reason that forced people to make their investment in the realty market is long term financial security. If you have a constant flow of cash in succession, the bonuses of this investment yield monetary bonuses for a long time. Possessing a residential property can give investors a sense of security due to the property appreciation over the long run. Well, this is only possible when you invest in the right place. So it is always advised to completely research the location before finalizing the negotiation on the apartment of choice.
In contrast to most different sorts of ventures, the realty market can contribute a hedge against inflation, which is yet another reason that pulls customers to put in this income stream. I.e. with high inflation, your rental pay & property value develop profoundly. Hence investors welcome inflation wholeheartedly because as the cost of living rises, so makes their cash flow. Accordingly, buying a property offers extra investment security during inflation.
The most satisfying part about real estate investment is that you become your own boss. Similar to any other business you have total authority & freedom over your investment strategies just as your flops and achievements. You make better decisions on which property to invest in, the tenants who will live in your property, how much rent to impose per month and so on.
Another reason that real estate is an extraordinary investment, is the tax deductions you can take in this income stream. You get to deduct expenses straight connected to the operation, maintenance & management of a property such as property maintenance, insurance, maintenance repairs, property management fees, repairs, travel expenses, legal fees, and even the interest paid on the home loan. All of these deductions will reduce your taxable income, which might save you cash while you file your taxes.
Reliant upon a variety of features, extra payment created from real estate investments might grant you admittance to added credit. Usually, loaning institutions finance more money to individuals who get more cash flow. The additional payment generated using property ventures may unfold more comprehensive credit lending entryways.
To Sum Up,
You can see the profits of investing in real estate while investing in other sorts of investments like the stock market. Investing in real estate can be your ticket to making passive income & reaching long-term financial stability. Nevertheless, before you can obtain these things, always remember that you need to make careful decisions when investing in your property. I.e. while choosing the right builder for your investment, is the first and the most important aspect when it comes to a real estate investment.
If you are seeking a top-rated & most well recognized real estate builder in Kerala, then head over to Varma Homes and start searching for investment properties for sale across Kerala. We have our apartment projects at the prime locations in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. Visit our website to get more information about our projects. Get in touch with us today to start an investment with us that will definitely offer you a lifetime of fun, happiness & priceless memories.
Kochi, the commercial capital of Kerala, is fast emerging as one of the most attractive destinations for investment in India. With a growing population, a well-developed infrastructure, and a vibrant business environment, Kochi offers numerous opportunities for investors looking to diversify their portfolio. In this blog, we'll explore seven compelling reasons why you should consider investing in Kochi. Builders in Kerala have played a pivotal role in shaping the city's landscape, contributing to its modern and dynamic identity. Strategic LocationKochi is strategically located on the west coast of India, making it a gateway to the Middle East, Europe, and Africa. The city is well-connected by air, road, and sea, with an international airport, two major ports, and a network of highways connecting it to other major cities in India. The location of Kochi makes it an ideal destination for businesses looking for flats in Kochi to expand their reach and tap into new markets.Growing EconomyKochi is one of the fastest-growing cities in India, with a thriving economy driven by multiple industries, including tourism, IT, manufacturing, and trade. The city's GDP is expected to grow at a rate of 9% per annum, making it one of the most attractive destinations for investment in the country.Robust InfrastructureKochi boasts of a world-class infrastructure, including a well-developed road network, modern ports, and an international airport. The city is also home to a number of industrial parks, IT parks (Techno park kochi) , and SEZs, providing businesses with access to state-of-the-art facilities and resources.Similarly, Trivandrum, the capital city of Kerala, offers a comparable advantage with ready to occupy flats in Trivandrum. The robust infrastructure of Kochi ensures smooth operations and hassle-free business transactions, making it an ideal destination for investors.Skilled WorkforceKochi has a large pool of skilled and talented professionals, including engineers, IT specialists, and business managers. The city has several renowned educational institutions, including Indian Institute of Technology (IIT), Indian Institute of Management (IIM), and Cochin University of Science and Technology (CUSAT), which produce a steady stream of skilled graduates every year. The availability of a skilled workforce makes Kochi an attractive destination for businesses looking to expand their operations.Booming Real Estate MarketKochi's real estate market is booming, with several residential and commercial projects coming up across the city. The city offers a range of options, from affordable apartments to luxury villas, making it an attractive destination for investors looking to diversify their portfolio. The growing demand for real estate in Kochi is driven by the city's booming economy and the increasing number of migrants moving to the city for work.Pro-Business PoliciesThe Kerala government has implemented several pro-business policies to promote investment and economic growth in the state. The state offers several incentives, including tax breaks, subsidies, and easy access to credit, to encourage businesses to set up operations in Kochi. The government has also taken several steps to simplify the business registration process and reduce the bureaucratic red tape, making it easier for investors to start and run a business in Kochi.Quality of LifeKochi offers an excellent quality of life, with a perfect blend of modern amenities and traditional culture. The city has several world-class hospitals, shopping malls, and entertainment centers, making it an ideal destination for families and professionals looking for a comfortable lifestyle.Similarly, Thrissur, known for its rich cultural heritage, also provides a range of options with apartments in Thrissur, catering to those seeking a similar balance of modernity and tradition.The city's scenic beauty, pristine beaches, and backwaters attract tourists from across the globe, making Kochi an ideal destination for investors looking to invest in the tourism sector.In conclusion, Kochi is a city that offers a perfect mix of strategic location, robust infrastructure, skilled workforce, pro-business policies, booming real estate market, and quality of life. These factors make Kochi an ideal destination for investors looking to diversify their portfolio and tap into new markets. With its growing economy, strong infrastructure, and supportive government policies, Kochi is 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 fulfillment 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.
Read MoreThe most important factor to consider when investing in real estate is the return on investment. A property isn't a good investment if it doesn't guarantee a good return. Purchasing a property provides numerous benefits, including emotional fulfilment, assurance of future residence, and long-term financial benefits. In fact, it’s a symbol of financial stability for the majority of Keralites. With improved infrastructure and a higher standard of living, the state has seen a significant increase in real estate construction over the last decade. However, purchasing a home is a significant financial investment that necessitates careful planning and consideration of other factors. The location, construction costs, real estate value of the home, and space all play a role in determining a house's value. In the long run, a spacious apartment with good amenities will be a good investment. As a result, picking the right apartment to invest in is critical. In this blog, we'll look at the viability and return on investment of various aspects of residential real estate to help you make an informed decision. Location & Connectivity Obviously, the location covers more than just owning a house; it also includes the infrastructure in & around the area. If you pick the right location for your home, the value of your investment is sure to gradually rise. A good apartment project must be well-connected to the city and have a good neighborhood with amenities such as schools, hospitals, supermarkets, workplaces, medical facilities, grocery stores, public transportation, and so on. Great connectivity will be the most important factor in property appreciation, especially if the apartment is being rented or sold. So choosing the right location is critical for those who buy an apartment to maximize the return on their investment. Value-Added Facilities & Amenities The Kerala apartment’s modern amenities and facilities aid in getting the best return on investment when it comes time to sell. Today's developers provide a wide range of conveniences for homebuyers to fit their lifestyle, right from facilities and amenities like a clubhouse, swimming pool, CCTV, power back-up, children's play area, etc. These are just a few of the common features that bring value to apartment living. The ROI is determined by how well these amenities are maintained over time. Even so, due to their lower prices, even projects without such amenities can find buyers. However, when shortlisting properties for purchase, make sure that the final choice provides a decent lifestyle rather than just an investment asset. Quality of Homes Due to the abundance of demand in the new corridors of cities experiencing a massive increase, purchasers have a variety of options, as market conditions favour end-users. A home, like a car, is expected to perform a few critical functions, such as shelter, safety, convenience, a luxurious lifestyle, and so on. Buyers must consider these factors, and those that provide these benefits are in higher demand for obvious reasons. Without a doubt, branded builders provide these conveniences and attributes of living as a standard offering due to their market reputation, and such homes are in higher demand with better prospects. When buying a home, keep in mind that a comfortable home with plenty of interior space and luxury amenities in a desirable location will provide better long-term returns on investment. For property investors, homes in good locations, built by reputable developers with a good load of amenities and facilities, will always produce greater investment returns as well as potential rental income. If you are someone who would like a home with excellent amenities, a good neighborhood, connectivity along with excellent ROI, then Varma Homes has everything that you need. Varma homes, one of the top builders in Kerala, has a wide range of apartment designs, sizes, and price brackets to choose from. We offer an array of different amenities and features that will surely meet your needs and exceed your expectations. As well, we can ensure that you get the best apartment for your budget in the most convenient locations in Kerala. Varma Homes can provide you with an excellent living experience and add value to your property portfolio. So, if you are looking for a new apartment in Kochi, Trivandrum or Thrissur, please get in touch right now! We will be happy to help. We are also planning to launch our projects in Calicut soon.
Read MoreEveryone wants to live in their own home these days, not in a rental, as soon as they start making money, and preferably in a neighbourhood with schools, colleges, a local market, and most crucially, hospitals. It also becomes a clear decision if it is bordered by lush natural plantations and equipped with opulent amenities like a swimming pool, gym, clubhouse, and leisure area. People are willing to make significant financial investments in real estate, thus they are only looking for a flat or villa in their town.Kerala is regarded as "God's Own Country," and the state's extensive use of the colours green and blue results in cities that are surrounded by vegetation and the ocean. There are many people looking to invest in real estate there, and Keralan builders are also providing some excellent deals. One of the cities, Thrissur, is a popular destination for many people, and there are several apartment buildings there. There are multiple builders and developers in Thrissur providing living spaces in the town. Nevertheless, it is always wise to indulge in some research before zeroing a dwelling space. In case one wants to opt for ready-to-occupy flats in Thrissur, here are some points that must be kept in mind.LocationThe most crucial thing to take into account is location. Your ideal home should be situated in a decent neighbourhood that is secure, clean, and well-equipped with amenities, and that has had significant expansion in recent years. It should have easy access to parks, public transportation, health facilities, educational institutions, governmental agencies, shopping centres, and other areas of the city.Appreciation valueThe property you select must be situated in a neighbourhood that has recently experienced expansion. With the passage of time, property value should have increased significantly. The best place to invest is here because it offers a wealth of services and will yield decent profits. If you decide to rent out the home you purchase, you may also anticipate receiving good rent in such a location.Well-Designed Living SpaceExcellent space design is a key component. A well-designed home will ensure optimum ventilation and, as a result, a healthy life for its occupants. You must ensure that your home complies with Vastu if you practise it. Your stay in your dream home will be enjoyable and stress-free if it is roomy and well-designed.Facilities and AmenitiesEnsure that a gated villa or apartment you are considering purchasing offers the essential utilities. There must include a gym, pool, kids' play area, security, and CCTV cameras. Having these things nearby is a bonus considering the hectic lives that the majority of us lead today.Common Area PercentageA skilled builder would plan their building so that the space set aside for hallways, tunnels, etc. is effective and not wasted. This implies that you get the most out of your home and hence, value for your money. Study the area options the builder has to offer and decide which is best for you.Maintenance and other chargesThere are frequently hidden fees that have astronomical prices. The maintenance and other costs for luxury residences might occasionally, even frequently, be very exorbitant. Before you decide on a property, make sure to carefully review everything.The BrandPick a name that is well-known in the real estate sector. This demonstrates the builder's excellent reputation and wealth of business experience, making them a popular option for Thrissur home builders.These are some of the things you should consider when purchasing an apartment in Thrissur in order to get a building that is constructed with high-quality materials, has sound planning, and will make living there a relaxing and joyful experience.Living in Thrissur's ready-to-move-in apartments is like being a part of a big family, everyone with their own private area. Visit Varma Homes to find a comfortable apartment in Thrissur equipped with all the latest conveniences.
Read MoreYour credit score has a significant impact on the apartment buying process. It's a measure of your creditworthiness. The first thing a bank or financial institution does when evaluating your loan application is to take a peek at your credit score. They use this score to ascertain that you are eligible to apply. So, what kind of credit score is required to purchase an apartment? It isn't a three digit number that you earn every time you spend on something. It is far more. It is crucial to understand how your credit score will impact your interest rate, loan amount, and down payment. A credit score of 750 or above is generally considered good & can provide you with many benefits, such as faster loan approvals, lower interest rates, and so on. Let's take a look at the major factors that affect your credit score.Approvals of Loans: Your credit score may play a role in getting a loan approved. A credit score of 700 or above is considered to be a good score to get a home loan easily. If your score isn't up to par, you should communicate with your bank to find out how you can improve it.Loan Amount: If you have a bad credit score, your credit limit will almost certainly be less than the amount you asked for. For example, if you need Rs. 35 lakhs for a home loan, your low credit score may prevent the bank from approving this amount. As a result, if you want to be eligible for a larger loan, you'll need to work on improving your credit score.Loan Interest Rate: The other factor that is influenced by your credit score is the mortgage interest rate. So, banks will probably give you a lower loan interest rate if you have a relatively high credit score. And despite the small rate difference, the monthly EMI will be significantly lower.Increased Down Payment: When buying a home, a lower credit score can result in a higher down payment and a countless number of visits and calls to the bank. A good credit score helps to verify that the purchaser has the potential for repaying the loan. According to the guidelines issued by the Reserve Bank of India (RBI), a home buyer can get 80% of the property value as home loan. But, if you have a low credit score, the bank may sanction only a lower amount and you need to find additional down payment to buy a new home.Of course, there is no need to panic if you have a low credit score. Before you apply for a home loan, raise it by making timely payments. Banks or creditors are more likely to believe you can repay a loan if you can pay your bills on time because you seem financially secure and responsible. This will make the home-buying process go more smoothly. Here are some suggestions for raising your credit score. Pay attention to your credit report. Analyze it &, if necessary, point out any errors. Correct them as soon as possible. Concentrate on your mortgage. If you want to take out other loans, such as for travel or furniture, you should put them off. Examine your co-applicants payment records. Their credit score must also be within acceptable limits. To be financially sound & avoid having to pay extra interest, pay your credit card bills on time. Spend only what you have available on your credit card. Pay your EMIs on time & if you default on them, your credit score will suffer. You will be considered disloyal for a home loan. Hence, make a concerted effort to raise your credit score. Once you discover your dream apartment, working to improve your credit score will certainly help you to flourish financially. If you have good credit, let's not let the possibility of higher credit norms deter you from purchasing right now. So, be a wise buyer & keep all of these crucial points about your credit score & how it affects your apartment buying process in mind. Your dream is almost certain to become a reality very soon.In a nutshell, Whether you plan to buy an apartment in the coming months or years, the benefits of monitoring your credit score & working to improve it will help in the long run. Banks will check your credit score when you apply for a home loan to see if you are a responsible borrower. If you have a good credit score and are looking for a reliable and trustworthy builder in Kerala, Varma Homes is the right choice for you. You can trust us because we are Kerala's leading real estate builder. We provide high-end amenities in all of our apartment projects in major Kerala cities, such as Ernakulam, Thrissur, Trivandrum, and Kozhikode allowing many apartment buyers to realize their long-held dream of owning a home. Search our website for detailed information on all of our residential apartment projects and pick the best one.
Read MoreCOVID pandemic has discouraged the spirit of many home buyers, for all those who were in the middle of hitting a deal for buying an apartment. Is this uncertain crisis holding you back to realize your dream apartment in your hometown? You don’t need to stop your dream of chasing your lifetime investment of owning a beautiful home. Here is a good news, at Varma Homes we are here to help you to realize your dream of owning your apartment even in these unusual times with all the safety measures. Being a responsible and reliable builder in Kerala, we stand for constructing a better world tomorrow and we have resumed the operations in all our project locations such as Kochi, Trivandrum & Thrissur while keeping the safety guidelines of the Government. Given the strict regulations surrounding social distancing, we have started sharpening our digital tools. Well, waiting until the lockdown is lifted to buy your dream apartment wouldn’t be the wisest decision. So get ahead of the market! Here is how you can still benefit from the lockdown and buy your dream home. Exclusive Online Booking Now customers who are keen on purchasing an apartment are more likely to go online to seek information, interact, and even close a deal. Potential buyers, including NRIs, are now getting enough time to discuss and research properties online. Once you get the information about the property, you may even opt to make the booking online. Online booking involves payment of the initial token amount for the property. You can complete the entire booking process online, including making advance payments in a jiffy just like that. Adhering to Social Distancing 'Site Visits' Considering the current scenario, where there is a strong emphasis on social distancing we provide site visits for our customers with full measures. We promise you to full safety while you make site visits. We have taken all precautions for your safety as per the guidelines issued by the Government Health Authorities. We use sanitised cars for client pick up and drop Thermal scanning at the entrance to assure safety Sanitizers provided at each site for sanitising hands Each visitor shall be provided masks during the visit Only one person will guide you for the guided tour. Only one person will be permitted to enter the sample apartment at a time. Clients are requested to strictly follow social distancing and safety protocols during the visit. Special Offers to NRI’s With the ongoing pandemic leaving a crippling effect on societies and economies worldwide, we introduced special offers for potential buyers especially for NRI’s. With our special offers, you can now own a luxury apartment even in this unpredecent situation. Yes, this will be an offer that you simply can’t refuse. So take advantage of time and situation. Have a happy and safe purchasing! This is limited so hurry up the especially NRIs who are preparing to return to “safe haven” Kerala by buying a piece of the country’s real estate.At this moment, it is important that each one of us do our bit in controlling the outbreak. For this, we can collectively take the benefit of digital transformation, with this the physical and time-consuming act of buying a home could be reduced to a few clicks. This digital transformation will help both the builder and buyer to close the deal effectively. Hence we can take the positive sides, whatever the situation, the game must go on. Indeed, this crisis will leave more sensitised about personal hygiene, cleanliness and healthy ways of life. Let us give time with courage, patience and compassion, together we shall overcome! Let your investment be not under lockdown. Do the safe booking of your dream apartment from your home. Stay Safe & Keep Social Distancing!
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