Are you dreaming about owning your dream home in the heart of a city? But confused if you should invest in an independent house or an apartment. Here are some of the points that will help you to choose your dream home.
In a metropolitan city like Kochi, we have seen that the accessible open spaces are getting depleted by real estate builders and their projects. This is because of a major number of people moving into the city and hence their increase in the demand for houses. But the lack of space availability is the major concern to those people who like to find a house close to their workplace, kid’s schools, hospitals or other accessibilities in the heart of the city. So finding a plot to build your own independent house might be a tedious chore. Instead, you can be able to find a huge number of choices in apartments across the city. So it is very easy to find a dream home that meets all the essential requirements of city life like proximity to the office, schools, hospitals, shopping malls and other social infrastructure.
When you construct a personal house, you've got the freedom to decide on the planning, entire construction of the house and in future, you can easily upgrade it upon your tastes. However, with apartments, you might not be allowed to form any alterations to the most construction. You can, however, prefer to splurge on the inside style to convey it your personal bit. If you build a home on a plot it'd take a substantial quantity of your time for the development to be completed. In terms of the apartment, if you select a reliable builder with RERA registered you've got the peace of mind that you simply would get your home among the stipulated time. And with apartment, you merely need to pay the worth of the property and also the builder would beware of all the construction work and timely delivery. You do not have the trouble of finding architects and contractors to assist you to build like individual homes.
Most apartments offer a variety of amenities to its residents. They are swimming pool, fully automatic lifts, clubhouse, health club, water filter, sewage treatment plant, solar energy utilization, children's play area, rooftop party area, intercom facility, video door phone, surveillance camera, fire fighting system, caretaker’s room, driver’s room, provision for 24 hrs lift, power & water supply facility. So purchasing an apartment property comes with these added values whereas an independent property needs extra effort for setting up of these services. Moreover, various housing projects also deal with additional on-call assistance like housekeeping, laundry, medical facilities, electrician, plumber, cooks and others. Whereas in case of an independent house, a homeowner is needed to take a considerable amount towards putting in these facilities and its maintenance.
There is no doubt that the privacy that a personal house offers is kind of one thing. This is not meant that apartments are lacking. But the common areas in the apartments would be accessible to all the residents. However, one key factor draws most of the home consumers to apartments is round-the-clock security. That is apartments come with 24*7 manned security guards, surveillance cameras and monitored visitor management system. Also, living in a community adds to the safety factor as having a lot of neighbours around will solely helpful within the event of an emergency.
If you are applying for a home loan then it is easier to get the home loan for an apartment over any individual home. The lending is difficult in the case of independent properties whereas apartment housing projects have pre-approved loans from lending institutions which make it easier to secure home loans. Read more about pre-approved loans in our article “opt for pre-approved home loan & take a step closer to your dream home” & know its benefits.
Nowadays the demands for apartments are very big across major cities. Even in smaller cities, home consumers prefer apartments over individual houses. This shows that resale of apartments is likely to be easier over independent houses, further bringing greater resale value.
When you decide to take a home loan to purchase an apartment, you are entitled to tax benefits. When it comes to individual homes, the residents will avail a loan for the purchase of land besides as construction of the house. However, tax exemptions can't be availed solely on the acquisition of the land.
It is difficult to say which one is better, as each has its own pros and cons. So the decision must be based on the choices that would suit you and your family. It is clear that based on the current housing scenario, it is more sensible to choose an apartment complex than an individual house. Are you searching to buy the best apartments in Kerala? Then you can get in touch with Varma Homes as a pioneer in real estate industry, we offer high-end amenities to all our apartments in the major areas of Kerala like Kochi, Thrissur & Trivandrum which helped many buyers to reach on your dream home. Visit Varma Homes to know the exact details of all our residential projects and select the best from it. So weigh all your options and connect with us to book an apartment in your favourite location to lead a happy and comfortable lifestyle.
Every year, thousands of people visit Kerala because of the sheer natural beauty, natural resources and the cultural richness that this state offers. However, it is not just the natural beauty of Kerala that draws so many visitors, but also the flourishing IT sector that has drawn attention of youngsters from across the country. Many people, who have already retired as well as those, who are working in Kerala, want to settle down in this state in the latter years of their life. That is why they choose to invest on the real estate sector of Kerala. In that case, one district that has gained much popularity in the real estate industry is Thrissur – the Cultural Capital of Kerala. If you are planning to invest in the real estate market in Kerala 2017, Thrissur could be your first choice. Here are the top reasons to invest in Thrissur Real Estate. 1. Positive cash flow Every investor wants to invest on something to make sure that they get a steady income from that. However, for a positive cash flow, it is a must that you choose a district suitable for real estate investment. Thrissur is a flourishing commercial hub, where thousands of people come in search of a job. Therefore, there is always a demand for real estate properties that people would rent or take a lease of. If you invest in the real estate in Thrissur, you will certainly get continuous cash flow. 2. Return on Investment The very first thing that comes to mind while you think of investing in the real estate industry is the return on investment or ROI. If the investment doesn’t fetch great returns, it will be of no use. With a steadily growing district such as Thrissur, it will be absolutely assured that the growing economy of the district will only contribute into the ROI of your property. When you think of selling the property in the years to come, the price of the property will only increase. In that case, it must be mentioned that the longer you hold on to your invested property, the higher returns you will get. 3. Better profits This is a factor that not too many people realize or understand. However, the fact is that, when you fix deposit a lump sum amount in your savings bank account, it will not fetch you as much of profits as the Thrissur real estate properties would. If there is inflation in the economy, the rates of profit for your fixed deposits will only decrease. Hence, you will get low profits from your long term investments. On the other hand, the price of the real estate properties will only increase with time, making it an assured profit. 4. Long term wealth and peace of mind One of the biggest reasons, why you should invest in a real estate property in Thrissur district is the long term wealth that you will have. It is a great peace of mind that you will have, if you have a property as your asset. In difficult times, you will be able to sell the property and ensure that you do not have to run out of money, when you or your offspring are in need of it. 5. Place of your own If you have been living in a rented house, it is the first priority for you that you buy a place of your own, where you can live without having to spend huge amounts of money as rent for your entire life. Having your own house and that too in a popular district of Kerala, where you will get all the amenities and facilities of a well-developed place, is a great peace of mind. You will not have to worry about where you or your children will have to live. When it is Thrissur, you will get the additional benefit of enjoying the rich cultural environment. From temples, places to practice culture and even institutes for science and technology etc. make Thrissur one of the best investment options in the state of Kerala. 6. Easy to buy and easy to sell Real estate is an easy option to invest on. You will get a number of options to buy one for you and you will also get the convenience of selling it, whenever you are in need of money. Buyers and sellers of real estate properties, especially the ones in a popular place like Thrissur, where there is a constantly growing demand of properties for real estate investors, are available in abundance. Hence, there will be no trouble on your part to sell the property, whenever you need to. 7. Pride of ownership This is something that cannot be explained in words. The pride of ownership is something that only the owner will realize. If you purchase a property in Thrissur district, you will be able to enjoy the beauty of this place from a close proximity. With so many reasons as well as benefits of investing in Thrissur Real Estate Properties, you will be able to make sure that you never have to worry about your financial security in the years to come. ABOUT VARMA HOMES Varma Homes, the best builders in Kochi are good at what we do, building living spaces. The art of design is a craft only a few are blessed with. It takes passion, drive, and immense courage. On a mission to Construct Happiness, Varma Homes, the best home builders in Kerala is on the path towards pioneering exquisite lifestyle. Taking into consideration the uniqueness and the sophistication of affordable luxury homes in the finest of the locations, Varma Homes have gone all out to constructing happiness. Varma Homes takes the deepest plunge to make happiness possible. Buying a house, be it for living or as an investment, it is one of the life’s biggest decisions, which is why it is very much important that you choose the right property with care. Varma Homes, we are the best home builders and property builders in Cochin offering new luxury flats, apartments, and residential projects in Kochi, Thrissur, and Trivandrum. Varma Homes are the top builders in Kochi, Kerala for flats & apartments, and we assure you the best end results possible. Everybody is good at something. For Varma Homes, it's building living spaces. To build a place where one can find all the comforts and finally call it home is what they do best at its best. And we are good at building workspaces too. To build an ambiance fit for work is quite a task, which is why one should let the experts do it. Varma Homes is one among the top builders in Kerala offering high quality and luxury apartments in Thrissur. We always create the best living spaces meeting the requirements of clients. If you are looking forward to buy apartments and 2bhk flats in Thrissur, then contact us today. Call +91 9539 29 33 33 for more details.
Read MoreKochi features exceptional healthcare, reasonable living, amazing food, and a higher overall quality of life. Your ideal place to call this your home. Here are a few tips to make your search easy and convenient when planning to buy flats in Kochi.Search your options It's important to have alternatives and hunt for the best real estate developers so you don't squander your time and money. It's imperative to go deep into what you're looking for. Varma Homes has the reputation and expertise to provide your ideal home. Over the years, Varma Homes has a reputation and expertise and maintains great quality and high standards by selecting vendors and partners who are similarly accountable, ensuring that our clients receive only the finest.Think about the long termWe are always cautious when we buy things for the long term, may it be clothes or our dream house. Buying a house or a flat may also include taking out a large loan, followed by monthly payments deducted from your earnings thus, you must exercise extreme caution. Varma Homes provides the security to offer you the long-term solutions you need.Overall budgetWhen you buy something, you always create a budget based on your priorities. It makes it easy for you to narrow down the flats that you are prepared to spend money on. To begin, compare the price of the house in question to others in the surrounding area from various builders to determine whether you have been provided a real estimate. When purchasing a property, think deeply, create a budget, acquire all relevant information, and make thorough considerations. Before you start looking for a flat, it's important to know how much you can afford to spend. Look at your financial situation and determine how much you can comfortably spend on a flat without compromising your lifestyle.Location of the flatOne of the key things in determining the destiny of your future home. The location is important when deciding whether or not the site meets your requirements. Kochi's business centre also gives quick access to all basic amenities, making it one of the most sought-after places. Kochi is a rapidly developing city, and there are many areas to choose from when it comes to buying a flat. Consider the location carefully, based on your needs and preferences. Factors like proximity to your workplace, availability of public transportation, and access to essential services like hospitals, schools, and supermarkets are important to consider.Legal clearanceCheck the property's legal clearance and make sure that all relevant paperwork is in order. You may wish to hire a lawyer to help you verify the laws of the property. The applicable legislation differs greatly from one state to the next, thus it is important to be aware of the local laws for obtaining a certificate. It must be confirmed that the relevant property is not the subject of any lawsuit or investigation.Resale valueBecause of variables such as depreciation, age of the property, the certain ultimate cost of the asset, and so on, the resale property is a more cost-effective choice than buying a ready-to-move-in house. Even though you are thinking for the long term it's good to have a choice in case of an emergency. Storage spaceSimply having storage does not address the problem. Storage that is well-planned adds value to space. Storage is both a design and a practical component of successful interior design. While this does not immediately increase a flat's resale value, it normally increases a flat's desirability among purchasers. Homebuyers often choose apartments with plenty and sensible storage space. Your tastes and preferences may vary over time, causing you to adjust the storage with appropriate to your inclinations.Purchasing an apartment in Kochi may be a substantial investment, so do your research before making a decision. Defining your budget, examining the location, investigating the builder's reputation, checking for legal clearance and resale value, and exploring house finance choices are all important considerations. You can make an informed selection and choose an apartment that suits your requirements and tastes if you follow these recommendations. Varma Homes might just be worth your time and money. Remember to take your time, consider your alternatives, and seek our expert help when necessary.
Read MoreThinking about a second home, if you have enough savings to invest in a second home, it will be a very plausible idea with high-profit potential. Since the real estate market has always been a risk-free & safe investment choice. However, before you go ahead with the plan to buy your second home, you have to consider certain things like you have no overhead debts, you have sufficient reserve and emergency funds and of course, you have a good and stable source of income. If all these are fulfilled, you can head down to execute your plan for your second home. Going to own your second home has several benefits in terms of investment choice or getting a regular income. Here we list down some reasons you should go for your second home if you have enough cash for investment. • The Promise of Assured Rent With high real estate prices, the clearest benefit of buying a second home is the promise of assured rent. As rental income has improved manifold over a period which makes buying a second home to rent out is the right method for a stable regular source of income. Also with the implementation of RERA and GST in the real estate market, now investing in second homes for rental income will progressively more become a trend. • Adding a High-Value Asset Owning a second home is obviously another investment in your investment basket. Due to the fast pace of growth in the real estate market in India, the value of your home would also be getting higher. So it will give you a high-value asset over a while and this may be sold later at a high price to liquidate the asset. For the time being, one can add to the rental income in their bonus perks. • Retirement Home As retirement emerges on the possibility, many of us commence worrying about their money & where to invest to relieve their retirement life. But owning a second home is the ideal investment choice & you got the freedom to go to a place for a change that is fully yours. Alternatively, even you can move to that home if you find it more suitable for your happy retirement life, renting out the earlier one. Otherwise, a second home can be used as the fixed source of income after your retirement if you put it on rent. • Tax Savings Buying a second home also comes with the extra incentive of tax savings. i.e. If you have taken a loan to own your second home, you can get tax considerations up to Rs 2 lakhs towards the interest paid & a tax deduction up to the total paid towards interest when the home is let out on rent. This aid you save tax on the loan simultaneously, adding up a high-value asset. • Savings for Future Purpose Despite providing extra rental income & tax benefits, second homes are considered good investment choices for the future purpose like children’s education, children’s marriage, retirement, future emergencies or events. Emergencies always come unexpectedly, so based on your financial state, you could very well sell your second home and use the cash to deal with your financial burdens. So, now we have seen the perks of owning a second home. In the meantime, if you want to buy a second home for investment? Check Varma Homes projects right away! Visit: www.varmahomes.com. Being the best and the most promising real estate builders in Kerala, you can completely trust Varma Homes for your future investment choice. We have our ongoing residential projects in major parts of Kerala like Kochi & Thrissur & Trivandrum. So believe in us, have the best home and get the best experience with us.
Read MoreAnother year is coming to an end, a new year soon begins! The beginning of the year is the time for fresh starts. If you have any plans of owning your own home in the heart of Kochi to celebrate this New Year and to arrange a party inside your apartment for like-minded people, then head off to Varma Homes. You can get the best apartment in various zones of Kochi. Owning a home is dreams come true in anyone’s life, as it is the most valued possession and a lifetime investment. For this, you have to choose the right builder with the good track record. Celebrate This New Year with Varma Maalika I Varma homes, the leading builder in Kerala with a proven record of accomplishment and years of expertise. We always maintain to keep promises to our customers. One of our major ready to occupy apartment furnished for the NEW YEAR 2019 is Varma Maalika I which is situated in the most tranquil living environ of Kochi, Tripunithura. It is away from all the hustles & bustles of the city, but it has close proximity to all urban development, which includes numerous educational institutions, shopping malls, temple, multi-specialty hospitals etc. It is perfect for those who need a tranquil life. This project offers exclusive 2 & 3BHK luxury homes ranging from 890sq.ft to 1310 sq.ft with the perfect blend of opulence and comfort. The luxury budget home is built with love, filled with extra comfort, and are designed to create happiness among people. Each wall, nook, & corner of this apartment has a story and offer true love, happiness, and comfort. Welcome this New Year with Varma home and bring more joy and peace to your life. A new home means an electrifying new beginning, new friends, and new environs to explore. If you are ready to purchase our ready to occupy apartment Varma Maalika I or wants to know further about Varma's Maalika contact us soon and avail the big surprises that await you in these holidays! Why We Stand Out Unique From Others? We perfectly comprehend that this industry is one among the most competitive spheres. Therefore, we put our best to bring advanced luxurious apartments and flats to our clients to align with their demands and to reflect their lifestyle. We always created milestones by making new success stories to our journey by constructing excellent spaces with outstanding superior quality, services and focusing on fulfilling the desires of our employees. We are confident that we can continue our successful journey with our uniqueness from other builders. We remain unique from others with our insights and unique styles. We can proudly deliberate the skill sets that make us unique from others are: . Customised solutions . Zero compromises on Quality . Professionalised work execution . Transparency in dealing with clients . Reliability & Timely delivery . 100 % Customer Satisfaction . End-to-end execution Varma Homes emerged as the pioneer developer for delivering various apartments across Kerala. We are now in 3 major cities of Kerala which include, Kochi, Thrissur and Trivandrum. We are now on a mission to construct happiness by building new apartment projects for different regions across Kerala. Enjoy this New Year with Varma Homes, Book now and benefit early bird offers!!!
Read MoreKazhakootam, nestled in the beautiful city of Trivandrum, Kerala, has emerged as a rapidly growing locality in the state's real estate landscape. With its strategic location and impressive development, Kazhakootam has caught the attention of investors and homebuyers alike. In this blog, we aim to explore the factors that make Kazhakootam the perfect destination for real estate investment. Also, we focus on its potential for substantial returns and long-term growth.Trivandrum's real estate market has been experiencing remarkable growth in recent years, with various localities witnessing a surge in property demand. Kazhakootam stands out for its strategic location, robust infrastructure, and expanding amenities. As more and more investors and builders in Kerala recognise the promising prospects in this area, the demand for flats in Kochi and other residential properties in Kazhakootam is on the rise. We will delve into the top five reasons contributing to Kazhakootam's growing popularity among real estate enthusiasts.Five reasons you should choose Kazhakootam for real estate investmentConnectivity Kazhakootam boasts excellent connectivity, making it a highly sought-after location for real estate investment. The locality is well-connected to major transportation hubs, including an extensive network of highways, railways, and airways. The National Highway 66 (NH-66) passes through Kazhakootam, providing seamless connectivity to other major cities and towns in Kerala. This ease of access appeals to both residents and businesses, attracting a steady influx of prospective homebuyers and investors.Moreover, the presence of the railway station nearby ensures convenient travel options for commuters and enhances the area's accessibility. The Trivandrum International Airport, situated nearby, further reinforces Kazhakootam's connectivity by offering excellent air travel facilities, connecting the locality to domestic and international destinations.The outstanding connectivity of Kazhakootam has a direct impact on the real estate market in the area. The accessibility to major transportation routes and key hubs enhances the value of properties in Kazhakootam. Home builders in Kerala recognise the potential of the locality and are keen on developing residential projects here. The ease of commuting to workplaces, educational institutions, and recreational centres adds to the appeal of living in Kazhakootam. The demand for apartments in Thrissur and Kazhakuttam is growing rapidly due to the same reasons. With such robust connectivity, Kazhakootam stands as an attractive option for those seeking a well-connected and promising investment destination.2. Employment OpportunitiesKazhakootam offers a thriving job market, making it a prime choice for real estate investment. The locality is home to various business parks, IT companies, and industries, providing diverse employment opportunities for both skilled professionals and fresh graduates. This flourishing job market not only attracts the local workforce but also entices migrants from other regions to settle in Kazhakootam, resulting in a growing demand for housing.The establishment of major IT companies and technology parks has transformed Kazhakootam into a prominent IT hub within Trivandrum. Many young professionals and tech enthusiasts seek to reside near their workplaces, creating a high demand for apartments in Kazhakootam. The presence of industries and commercial establishments further contributes to the employment opportunities in the area, driving more individuals and families to consider Kazhakootam as their residential destination.As the demand for skilled professionals continues to rise, the need for housing options also increases. Homebuyers and investors recognize the potential for substantial returns on their investments in Kazhakootam due to the steady influx of people seeking employment opportunities. The thriving job market and the convenience of living in a well-connected locality solidify Kazhakootam's position as a promising destination for real estate investment. Hence, many builders in Trivandrum are coming forward to raise more buildings.3. Robust Healthcare Facilities Kazhakootam offers a comprehensive range of modern healthcare facilities and hospitals, making it an attractive destination for real estate investment. The locality boasts several well-equipped hospitals and medical centres that cater to the healthcare needs of its residents. These healthcare facilities are equipped with state-of-the-art medical technology and staffed by experienced and skilled healthcare professionals.In addition to general hospitals, Kazhakootam is known for housing speciality medical centres and research institutions. These centres focus on various medical fields, including cardiology, oncology, neurology, and more. The presence of such specialized healthcare services enhances the area's reputation for quality healthcare, attracting residents who seek access to advanced medical treatments and services.The availability of good healthcare infrastructure is a critical factor in attracting both residents and investors to Kazhakootam. Homebuyers prioritize locations that offer easy access to quality healthcare facilities for themselves and their families. Investors recognize the value of a locality with robust healthcare services, as it ensures a higher quality of life for potential tenants or buyers. The assurance of prompt medical care and emergency services contributes to the overall desirability of Kazhakootam as a residential destination and positively impacts the demand for properties in the area.4. Affordable Housing OptionsCompared to other nearby localities, Kazhakootam offers relatively affordable property prices, making it an appealing option for potential homebuyers and investors. While areas like Kochi witness soaring property rates, Kazhakootam provides a more budget-friendly alternative without compromising on essential amenities and connectivity.The housing options in Kazhakootam are diverse, catering to various preferences and budgets. Prospective buyers can choose from a wide range of properties, including apartments, villas, and plots. The availability of such diverse housing options allows individuals to find a home that aligns with their lifestyle and investment goals.To encourage affordable housing in the region, the government has introduced several schemes and incentives. These initiatives aim to make homeownership more accessible to a larger segment of the population. Some of these schemes include subsidies, lower interest rates on home loans, and tax benefits for first-time homebuyers. These government interventions further enhance Kazhakootam's appeal as a real estate investment destination.As the demand for affordable housing continues to rise, the real estate market in Kazhakootam is experiencing steady growth. Investors and homebuyers recognize the potential for long-term appreciation in property values while enjoying the benefits of a well-connected and thriving locality.5. Educational Hub Kazhakootam has established itself as a prominent educational hub, boasting a robust educational infrastructure that attracts families and investors alike. The locality is home to a wide range of schools, colleges, and research institutes, offering a comprehensive and diverse educational ecosystem. The presence of renowned educational establishments has significantly contributed to Kazhakootam's reputation as an educational hub. The locality houses prestigious schools that follow different educational boards, catering to the varied preferences of parents seeking quality education for their children. Additionally, Kazhakootam is known for hosting esteemed colleges and universities offering undergraduate and postgraduate programs in various disciplines, including engineering, arts, science, and management.Among the educational institutions, there are research centres and institutes that focus on cutting-edge research and development in various fields. These institutions not only contribute to academic excellence but also attract students and scholars from across the country, adding to the cultural diversity of the area.The presence of quality education institutions significantly influences the decision-making process of families looking to settle in Kazhakootam. Parents prioritize localities with reputable schools and colleges, ensuring access to quality education for their children. The availability of educational facilities nearby also minimizes the need for long commutes, making Kazhakootam an attractive residential choice for families. For investors, the educational hub status of Kazhakootam offers the potential for a steady influx of students and academics seeking accommodation. Properties in the area can be seen as attractive investment opportunities, particularly for rental purposes. The combination of quality education and a thriving real estate market further solidifies Kazhakootam's position as a sought-after destination for both families and investors.ConclusionKazhakootam, Trivandrum, emerges as an ideal destination for real estate investment with its promising growth prospects and attractive features. The locality's booming connectivity, flourishing job market, robust healthcare facilities, and status as an educational hub make it a compelling choice for homebuyers and investors alike. Hence, builders in Kerala are investing more in bringing up top-notch apartments in Trivandrum.As the demand for properties continues to rise, reputable builders in Trivandrum are capitalizing on the opportunities in Kazhakootam to develop quality residential projects that cater to diverse preferences and budgets. The availability of affordable housing options, along with the presence of renowned educational institutions and modern healthcare facilities, further enhances the appeal of Kazhakootam as a preferred residential destination.
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