Kerala, a picturesque coastal state in India has always been an attractive option for residing. Investing in real estate is a significant decision and buying property in Kerala is a significant decision. Among the various choices available to buyers, under-construction property apartments stand out for several compelling reasons. These properties are those that are still in the process of being built, offering potential homeowners a chance to be a part of the development journey. In this article, we will explore the benefits of purchasing under-construction property apartments from builders in Kerala and why they are worth considering for those seeking a new home or a lucrative investment opportunity.
Choosing an under-construction property in Kerala can be a smart move for both end-users and investors. These properties often come with pre-launch or early-stage prices, which are relatively lower than fully constructed units. As the construction progresses and the property nears completion, its value tends to appreciate, providing buyers with the potential for higher returns on their investment. Moreover, under-construction properties usually offer more flexible payment options, making it easier for buyers to manage their finances while acquiring their dream home.
One of the most significant advantages of buying under-construction apartments in Kerala is the cost savings. As mentioned earlier, developers often offer these properties at lower prices during the initial stages of construction. This strategy is implemented to attract early buyers and secure funding for the project. As a result, buyers can benefit from competitive prices that are often more affordable than fully developed properties in the same location. Additionally, when purchasing an under-construction property, buyers have the opportunity to lock in the property's price at the current market rate. In the dynamic real estate market, prices tend to rise steadily, especially in prime locations. By buying early, buyers can avoid potential price hikes that may occur during the construction period.
Furthermore, lower prices for under-construction properties enable buyers to explore options that might have been beyond their budget for fully constructed properties. This means that buyers can consider larger or more luxurious apartments, thus enhancing their living experience. It is essential to note that while under-construction properties may be available at lower prices, buyers should exercise due diligence and choose reputable developers known for delivering quality projects on time. Researching the developer's track record, and project specifications, and obtaining all necessary legal clearances is crucial to ensure a safe and satisfying investment.
Investing in under-construction apartments can offer the advantage of higher appreciation in property value, especially if you intend to purchase flats from builders in Trivandrum. As the property is still in the construction phase, buyers can capitalize on the potential price appreciation over time. The initial prices for these under-construction flats are often lower than fully developed units, allowing buyers to enter the real estate market at a more affordable cost.
As the project progresses and nears completion, the demand for these new flats ends to increase, driving up the property's value. The real estate market in Trivandrum has shown steady growth due to factors such as infrastructure development, improved connectivity, and a burgeoning economy. All these factors contribute to the appreciation potential of properties in the city. Moreover, Trivandrum is the capital of Kerala and a thriving urban centre, attracting both local and international investments. As the city expands, the demand for housing options, including under-construction properties, is expected to rise, further fueling property appreciation.
In the case of under-construction flats especially apartments in Kochi, buyers can benefit from various flexible payment options offered by developers for under-construction properties. These options cater to the diverse financial needs of potential homebuyers, making the buying process more manageable and accessible.
Staggered Payment Schemes: Many builders in Kerala provide staggered payment plans, where the total cost of the flat is divided into multiple installments spread over the construction period. This approach allows buyers to make payments in smaller amounts at regular intervals, easing the financial burden.
Under this payment plan, the payment schedule is linked to specific construction milestones. As each stage of construction is completed, buyers are required to make payments accordingly. This transparency in payment ensures that buyers pay for the property's progress and quality assurance.
Under-construction flats usually require a smaller upfront payment, making them more accessible to buyers who may not have substantial savings for a large down payment. This lower initial payment allows buyers to secure the flat and arrange their finances for subsequent instalments.
Some developers offer interest-free periods during the construction phase. This means that buyers are not charged any additional interest on the amount they owe until the project's completion. It provides financial relief and saves buyers from bearing the burden of EMIs during the construction period.
For those seeking a ready to occupy flats in Thrissur, exploring new construction projects can be a rewarding choice. Buying a flat in a new construction project offers the advantage of owning a modern and well-designed living space. Developers in Thrissur often incorporate the latest architectural trends and amenities, ensuring a comfortable and luxurious lifestyle for residents.
Newly constructed flats also require less immediate maintenance, as the building materials and infrastructure are in prime condition. This can lead to cost savings in the initial years of ownership. Moreover, being among the first occupants of a new construction project in Thrissur provides the opportunity to shape the community and build new relationships with neighbours.
Under-construction flats often come with attractive offers from developers. These offers are designed to provide added value and make the home-buying process more enticing for potential buyers. Developers may offer attractive financing options, tie-ups with leading banks, and reduced processing fees to make it easier for buyers to secure housing loans. The inclusion of essential amenities and services within the project is another common offer. This can include fitness centres, swimming pools, play areas, landscaped gardens, and community halls, enhancing the overall living experience. Early-bird discounts, special pricing, and limited-time offers with exclusive benefits motivate buyers to make timely decisions and seize the opportunity.
When it comes to finding your dream apartment in Kerala, Varma Homes stands out as a trusted real estate partner committed to excellence, quality, and customer satisfaction. With a legacy spanning over three decades, Varma Homes has earned a reputation as one of the most reliable and reputable real estate developers in the region.
One of the key factors that set Varma Homes apart is its unwavering dedication to delivering exceptional residential spaces. Their projects are meticulously planned and crafted to meet the highest standards of design, architecture, and construction. Whether you seek a luxurious apartment in the bustling city of Kochi or a serene dwelling amidst nature in the picturesque locales of Trivandrum, Varma Homes have a diverse portfolio of thoughtfully designed properties to cater to every lifestyle and preference.
Varma Homes prides itself on its customer-centric approach. From the moment you step into their offices, you are greeted with warmth and professionalism. The team of experienced and knowledgeable sales executives takes the time to understand your needs and aspirations, guiding you through every step of the home-buying process. With transparent communication and timely updates, Varma Homes ensure that you are well-informed and involved throughout the journey.
Buying under-construction property apartments in Kerala can be a strategically sound decision, especially when partnering with reputable builders in Kerala. The numerous benefits offered by under-construction properties make them an attractive option for homebuyers and investors alike. One of the primary advantages is the opportunity to purchase at lower prices during the pre-launch or early stages of construction. This allows buyers to secure their dream apartments in Kerala at more affordable rates and potentially benefit from higher appreciation in property value as the construction progresses. Flexible payment options provided by builders in Kerala further enhance the appeal of under-construction properties. Staggered payment plans, construction-linked payment schedules, and minimal initial down payments make it easier for buyers to manage their finances while acquiring their desired apartments.
Buying an apartment or home is everyone dream. Maybe owning a home is your years of planning and saving, so it is not fair to take a final decision in a hurry. There are certain things to keep in mind before purchasing an apartment. For purchasing an apartment some might take a loan from bank, followed by periodic instalments rolling out of your revenue, you need to be more alert. Though there are certain crucial factors to be considered while buying a new apartment, they are location, price, etc. Letís check out the essential documents necessary for this and you are required to keep all possible points in mind before you take the leap and make a selection of your dream apartment. † Property Worth The fixing of the budget is the first step for selecting an apartment, If you correctly know how much you can spend to buy an apartment, it will be easier to shortlist the house according to your budget. So when you plan to buy an apartment you need to compare the property prices of various builders and get an idea about it whether they are offering genuine prices or not. You can undoubtedly approach Varma Homes since we offer genuine prices for our apartments. † Land Record The land where your apartment is constructed is also crucial while considering your purchasing decision. You need to research about the topography and soil quality of the land and also check whether the land is cleared of all the dues and properly registered or not. † Apartment Location Location is also important while purchasing an apartment. The apartment must be in a secured and safe place since we are expecting to live in a peaceful area that should be free from all troubles. The amenities and the physical infrastructure of the selected apartment need to be checked. All apartments of Varma Homes are ideally located in major cities like Trivandrum, Thrissur and Kochi, So you do not worry about the safety or other related factors when you choose Varma Homes apartments. † Financing Banks When you are planning to take a loan from banks for buying an apartment, then this is the best time since various banks offer different customized options with low-interest rate home loans for customers. They provide customized solutions for their customers who have approached them for granting home loans for fulfilling their dream of buying an apartment. In short, purchasing an apartment is an important decision you would take in your life, so you have the obligation towards your family and yourself to look into all the above considerations before buying your dream apartment. Varma Homes is the leading and trusted builder in Kerala offering new luxury apartments, budget-friendly flats and residential projects in Kochi, Trivandrum and Thrissur, which are designed to build happiness. We believe in bringing happiness to you with our exceptional services and offer you with an innovative range of apartments and flats that tie up with your requirements, If you are looking forward to buying apartments or flats in Kochi, Trivandrum and Thrissur, look no further, Catch Varma Homes, the pioneer builder in Kochi, give us a call, We are waiting to hear from you!!!!Read More
When this 2020 rolled in, all was set to celebrate the colours of happiness, positivity, and love, but contrarily, we all got locked down in our homes. Due to this pandemic Covid-19, the whole world is facing a threat that will keep to haunt us for a long period. Individuals have seen crucial changes and disappointing depreciation of their investments. Moreover, the stock markets have crashed, fluctuating gold prices, equity funds and shares hitting a slashing low. So living in this period of crisis, we can realize that the best investment option is definitely investing in real estate. Hence letís go through the reasons that will help you to better to think of investing in real estate during this lockdown period. † Highest Of All Times ROI Based on data from NCREIF (National Council of Real Estate Investment Fiduciaries), realty market helped individuals to return an average of 9.85% over the past years. This is obviously higher than all other investments like equity funds, shares, bonds etc. Since real estate has high tangible asset value, no matter what is the current situation in the world right now, you can hold this asset tangibly that will increase its reliableness and return on investment. † Supply and Demand Breakthrough Real estate is a tangible asset made up of property and the land on which it sits, and like other assets, real estate is also subject to supply and demand. Now the supply is less and during this time, supply-demand breakthroughs will remain to profit the investors. Investing in real estate during this time will definitely benefit the investors. † Stable Investment In The Current Scenario Real estate is the best asset class in the investment hoop, as a more reliable choice offering steady returns when it compared to the highly volatile stock market like gold or stocks, that might comes with increased risks and you might lose money. But when you invest in the realty market and rent out the property you can benefit a lot. The rental yield from the realty market is much high than returns on any conventional sources of investment. So real estate is one of the best attractive and stable income return even in this lock-down period. † Reduced Home Loan Rates In the wake of the Coronavirus outbreak, it is the right time for those who chasing a life goal to own their own beautiful home. With banks beginning to lower down lending rates, more individuals are expected to take the plus of the incentives to purchase residential property as the lower EMIs would nearly match their current rents. So if you are among them then no more waits,† reap the benefits now! † Significant Opportunities For NRIs To Consider Investing In Indian Real Estate Due to this crisis, NRI's coming back to Kerala post lockdown to settle their business, and so they will be looking for apartments which are as per their standards and within trendy design and construction. NRIs can turn this present scenario as the opportune time to invest in real estate on the shoulders of less home loan interests, currency devaluation etc. So go ahead, make its best use and realize your lifetime dream. † In short, amidst this coronavirus outbreak all around, it should be better to think of making an investment in real estate that will give you major returns in the future. This Lockdown period Varma Homes, the top builder in Kerala offers apartments that stand for superb quality, comfort and happiness packaged with ample incentives transforming lockdown blues to knock down your dream apartment into reality with lucrative offers. Use this uncertain time to choose the best ever secure and safe investment which guarantees higher returns and notable appreciation.† Book your dream asset with Varma Homes, we have affordable luxury apartments in Kochi, Trivandrum and Thrissur and make a† happy ending during this lockdown period.Read More
Kochi, a major port city in Kerala, is swiftly emerging as a hotspot for luxury living. With the city's impressive growth trajectory, there's been a notable surge in the demand for flats for sale in Kochi. In this article, we delve into the factors propelling this trend and why Kochi stands out as a prime location for opulent residences.Growing Affluent PopulationKochi has a growing affluent population, which includes professionals, entrepreneurs, and NRIs. These individuals are looking for premium lifestyle flats that offer high-end amenities and a luxurious living experience. They are willing to pay a premium for these flats, which has driven up demand in the city.Rapid UrbanizationKochi has been rapidly urbanizing over the past few years, with an increase in commercial activity and infrastructure development. This has led to a rise in demand for premium lifestyle flats that are located in prime areas of the city. The flats offer easy access to commercial centers, transportation hubs, and entertainment options.International Standard AmenitiesThe apartments in Thrissur and Kochi are now synonymous with global-standard amenities, a feature seldom found in conventional residential properties. Prospective homeowners can expect facilities like swimming pools, gyms, clubhouses, and verdant gardens. Additionally, these flats are adorned with high-end fixtures such as Italian marble flooring, modular kitchens, and avant-garde lighting.Safety and SecurityKochi is a safe and secure city, and premium lifestyle flats offer an extra layer of security to residents. These flats have round-the-clock security personnel, CCTV cameras, and access control systems, ensuring the safety of residents and their belongings.Increased Buying PowerKochi's economy has been growing steadily, and this has resulted in an increase in buying power for individuals. The city's residents are looking for premium lifestyle flats that offer them a high-end living experience, and they are willing to pay a premium for it.Resale ValueThe premium lifestyle flats in Kochi, much like the offerings from the top builders in Kerala, guarantee an impressive resale value. As Kochi's growth story unfolds, the allure of these flats is set to intensify, promising homeowners a lucrative return on investment.Brand ImageThe Kochi real estate arena is now witnessing the entry of several esteemed developers, who are introducing premium lifestyle flats under their esteemed banner. This influx has fostered a perception that owning a residence in such developments is akin to a status symbol, further fuelling demand. Notably, some of the renowned builders in Trivandrum are also making their mark in Kochi.In summation, the allure for premium lifestyle flats in Kochi is escalating, propelled by factors like a rising affluent class, swift urbanization, world-class amenities, unparalleled safety, robust buying power, promising resale prospects, and a coveted brand image. For those yearning for a slice of luxury, Kochi beckons as the perfect locale to invest in a premium lifestyle flat.Read More
Everyone has a dream of owning their dream haven. However, it is a fact that home purchasing isnít all that effortless and sometimes appears difficult. This takes fairly some savings and is uptight with stress and a lot of complex decision-making.† But there are a lot of financing options available on the market that largely takes the brakes off buying a home: a home loan. It isnít tough to find a loan for your next real estate investment. Though, finding the best possible loan for your investment needs a bit more work. So here are some steps you need to follow to ensure your home loan can be processed without glitches: Recognize Your Eligibility & Relate Your Possibilities There avail lots of home loans that are not created equal. They can have varying fees, interest rates, points, and other things that can stand up how much it will result in costing you.† So, for easily getting approval for your home loan, you have to figure out your eligibility, which largely centres on the capability of settlement and age before you approach the bank. † Work on Your Credit Score If youíre applying for a conventional mortgage for your home, you can be sure that your credit score will come into play. The clean financial record with your credit card, debit and other loans paid off will not only affect your eligibility criteria but also help you get the best deal if you are searching for a 2 or 3BHK apartment or flats. Multiple home loan applications or many credit enquiries may lead to a hard pull on your credit score, so it is required to slow any kind of borrowing in advance. † Only Deal with A Reputed & Trusted Builder Loan approvals can be smoothly done if you have a licensed & reputed builder on board. It not only ensures a safe investment in your future and present happiness but also increases the chances of getting a fairly good loan amount.† That is, the bank tends to generate a confident level of trust when it comes to a genuine and trusted builder and even their buyers, it helps that they are branded for constructing safe & happy homes. Also, your builderís past and present projects and their successful running business in this competitive reality market aid in getting your loan through. † Stay at Your Job Staying stable at your job will give a high chance of getting approved.† Having a steadily monthly income is important to get approved for a mortgage.† So do avoid changing your job. Your bank needs to know if you have a high possibility of steady employment and income during this loan period to permit you to make your loan refunds on time. † Ascertain You Have A Clean Title Deed & Complete Documentation of The Apartment Even though this is not associated with your distinct credit state, banks need to guarantee that there is not any problem with your investment in case you default on your loan. Hence, the bank will first check that all the legal documents of your apartment are in order. After you have cleared all the necessary documents and requirements, your loan approval process can be successfully closed. If youíre in search of apartments in Kerala, consider Varma Homes projects, the leading and the most promising builders in Kerala.† We offer happy & safe apartments with wonderful amenities in highly-sought after residential areas in Kochi, Tripunithura, Thrissur and Trivandrum.† We know that your home is probably the most significant purchase you will ever make. Hence, we construct it with as much care to aid you to live a good life for years to come. So, take your dream apartment from the house of Varma Homes.Read More
Real estate Industry is beholding an intensifying growth with positive revolution due to the improved transparency in the industry. Several Government reforms and the implementation of RERA have made the investment in realty market secured and easy. Real estate Builders are more careful than ever when it comes to construction quality and timely completion. Given the ever-rising number of builders and real estate projects, it is often a difficult task to pick one. The reason for which you purchase would assume a crucial part of the decision-making process. Some purchase a home for immediate occupation and some purchase for an investment choice. While most of the home buyers prefer to opt for ongoing projects, letís take a look at a few of the benefits of investing in an ongoing apartment project: Price Discounts Offered: This is unquestionably the main benefits for apartment buyers with regards to booking ongoing projects in prime locations. The key intention is to grab the potential home buyers, to steady the cash flow and to make the credibility. So, if you book ongoing projects in the heart locations of the city, you make certain to get incredible offers or discounts. Most of the builders offer price discount on the final property estimation for the individuals who book an apartment on the ongoing stage. Many Options to Pick From- During the ongoing stage, only few of the apartment in the property may be reserved. This gives you better adaptability in picking a home of your decision. Be it regarding the Vaastu consistency, the floor plan decisions, floor number or closeness to any of the apartment facilities, you can pick a house to coordinate all of your necessities. However, once the ongoing stage is finished and there are more purchasers, you would have restricted options. Great Investment- If you can wait for a couple of years to move in ongoing apartment projects of the reliable builder, then it will be definitely a great investment. Particularly due to the appreciation value of the ongoing project. If you pick one out of a likely area, you make certain to get noteworthy appreciation costs when the construction work is completely done. Choose Varma Homes, The Best Builder in Kerala For Your Dream Home! Looking to book an ongoing apartment project in Kochi, the hub spot of real estate market in Kerala.††Compared to other cities, it is the best place to settle down with family or as a bachelor, here you find Kochi as affordable to live, more convenient and accessible. Being the leading and the most reliable builder in Kerala, you can trust Varma Homes for your dream home! We have our ongoing projects in top locations of Kochi, Trivandrum and Thrissur. We build luxury homes with all the high-end facilities. We have a devoted group of experienced and profoundly skilled experts who are focused on realizing your dream home with a high value on your investment. If you are looking to have your dream come true home in Kochi, then come and feel the lavishness in our extravagance ongoing apartment project in the city of Kochi like Thiruvankulam & Tripunithura. Here are our 2 & 3 BHK Luxury Apartments with all the modern amenities. Located in the prime regions of the city, which are crafted with the finest care to detail and provide home buyers with an opportunity to experience a lifestyle that echoes the ethos of the city. Booking is now open for the projects Varma Padipura (Ready To Occupy) & Varma Bougain Heights (Work in Progress) with extra add on benefits.†New projects are launching soon in Kochi at the locations Ė Vyttila, Vennala and Elamakkara. And more projects are also coming in the cities of Thrissur and Trivandrum as well. So, book your dream apartment in Kochi with us, great experiences are just around the corner!!!† †Read More