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Getting Through the Home-Buying Process in Ernakulam
Ernakulam, the commercial capital of Kerala, has witnessed a surge in the real estate market in recent years. With more and more people looking to buy a home in this vibrant city, navigating the home-buying process in Ernakulam can be overwhelming. In this blog, we will take a look at the steps involved in getting through the home-buying process in Ernakulam.
Determine Your Budget:
Before you start looking for a home in Ernakulam, it is important to determine your budget. Consider your income, expenses, and other financial obligations to determine how much you can afford to spend on a home.
Location:
Ernakulam offers a variety of locations to choose from, each with its own unique characteristics. Consider factors like proximity to your workplace, access to public transportation, and nearby amenities when choosing the right location for your home. Varma Homes is present at every prime location in Ernakulam to give you a better living experience.
Research the Market:
Research the real estate market in Ernakulam to get an idea of the current trends, property prices, and demand for properties. This will help you make an informed decision when it comes to buying a home in Ernakulam.
Find a Reliable Real Estate Agent:
A reliable real estate agent can help you navigate the home-buying process in Ernakulam. Look for an agent who has experience in the local real estate market and a track record of successful transactions.
Visit Properties:
Once you have identified the properties that meet your criteria, it is time to visit them. Take a tour of the properties and ask questions to the real estate agent to get a better understanding of the property.
Get a Home Inspection:
Before finalizing the purchase of a home, it is important to get a home inspection done. This will help identify any potential issues with the property and ensure that you are making a sound investment.
Finalize the Purchase:
Once you have found the perfect home, it is time to finalize the purchase. This involves making an offer, negotiating the price, and completing the paperwork required for the transaction.
Conclusion:
Getting through the home-buying process in Ernakulam can be a daunting task, but with the right approach, it can be a smooth and rewarding experience. By determining your budget, choosing the right location, researching the market, finding a reliable real estate agent, visiting properties, getting a home inspection, and finalizing the purchase, you can make an informed decision when it comes to buying a home in Ernakulam.
Always choose a trusted builder while entrusting the safety of your loved ones. Varma Homes has effectively established itself as one of Kerala's most trusted builders since its inception. With the most advanced facilities and eco-friendly aspects, we present you with a modern lifestyle of luxury, convenience, and comfortable living. We've made it our full-time goal to provide the best service and quality in our pricing range, and we've succeeded time after time. Currently we have apartment developments in Kochi, Thrissur, and Thiruvananthapuram.
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What are the Common Mistakes to Avoid While Investing in Real Estate ?
Diversification and variety are crucial in life, be it in our personal sphere or our investments. Keeping all your arsenal under one shelter can have disastrous results at times, which makes it even more important to have multiple investment options. Real estate is a popular option among a number of people today, thanks primarily due to the safety and high returns on offer, but it is often seen that investors make blunders while investing, blunders which can have a harsh impact on their income in the future.If you do not want to commit any major mistake while investing your hard earned penny, flats in Thrissur by Varma Homes are one of the perfect examples for the same. If you're just getting started in real estate investing, don't expect to become an expert overnight. You can indeed make money buying and selling properties, but it takes knowledge, determination, and skill. It also helps to know some of the classic mistakes that others make when they start investing in property, to help you avoid making them as well.Mistakes to Avoid While Investing in Real Estate are as follow1. Not Having A Clear Investment StrategyYou should have a plan before you invest your hard-earned money in any venture. It's imperative when it comes to real estate. You should first identify where you want to invest your money. Residential homes are good options for beginners. On top of that, they also make for an easy sale later on.2. Not Doing Your ResearchAnother simple yet crucial step in real estate investment is to do your research. It might be tempting just to buy a property you like and hope for the best, but that's not how this industry works. You need to understand first what you're getting into, where you're investing your money, the potential returns (if any), and other related aspects.3. Not Considering The LocationLocation is a major factor when it comes to investing in a real estate property. One of the most major mistakes to avoid while investing in real estate property is not taking the location into serious consideration. Most people compromise on the location of a place if it costs less. This is one of the major mistakes to avoid while investing in real estate property. You might as well choose a good real estate property with the best facilities and resale value than pick a real estate property that is cheaper with numerous loopholes.4. Neglecting The Reputation Of The Realtors/BuildersThis is one of the most important things to keep in mind when planning to invest in real estate. Real estate brands and builders are the backbone of good real estate property and help in investing in one. So, when you seek a real estate brand for getting a property, it is essential to know that they are well known and have a good reputation and brand name in the market.Make sure that you keep in mind that not taking notice of the real estate brands you seek out is one of the important mistakes to avoid while investing in real estate.5. Lacking Proper PaperworkThe next common mistake to avoid while investing in real estate is nothing but not having structured paperwork. Paperwork needs to be on point to have a smooth registration process and handover of the property. Investing in good and strong paperwork is the best way to make the right decision.6. Blindly Trusting OthersA number of people who purchase property are first timers, who often rely on the word of others when they invest. Blindly trusting a third party while investing can be extremely stupid, for people are bound to do things in their best interest. Blind faith can lead to you spending more than what is necessary or purchasing real estate which doesn't suit your requirements. One should consult experts in order to get a clear picture and rely on the word of those who have a proven record of offering good deals.Committing mistakes is part of human nature, and while we cannot completely wipe out mistakes, we can learn from them. Remembering a few simple points can ensure that your real estate investment doesn't become one of the biggest mistakes of your life.The reality is that if investing in real estate was easy, everybody would do it. Fortunately, many of the struggles endured by investors can be avoided with due diligence and proper planning before a contract is signed.If you want to avoid making mistakes and want to invest in a real estate property that you think would provide you with the best results in terms of the property of value and return on investments, then you should check out the luxurious Flats in Trivandrum by Varma Homes and get your investments sorted.
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Why is owning flats in Thrissur more beneficial than buying a house?
When it comes to buying a property, people often face the dilemma of whether to buy a house or an apartment. While buying a house has its own benefits, owning a flat in Thrissur can be more advantageous in many ways. In this blog, we'll explore why owning a flat in Thrissur is more beneficial than buying a house.Cost-effectiveFlats in Thrissur are generally more cost-effective than buying a house. The cost of purchasing an apartment is much lower than buying a house. Additionally, apartments require less maintenance, which can save you a significant amount of money in the long run.AmenitiesMost flats in Thrissur come with a range of amenities, such as a swimming pool, gym, and play area. These amenities are generally not available when you purchase a house. Owning a flat with such amenities can provide you with a comfortable lifestyle without having to leave your property.SecurityApartments offer a higher level of security than houses. Most apartment complexes have round-the-clock security guards, CCTV cameras, and access control systems to ensure the safety of the residents. This is especially important if you're living alone or have children.MaintenanceMaintenance is a significant advantage of owning a flat in Thrissur. The apartment complex's management team takes care of all the maintenance and repair work, including painting, cleaning, and landscaping. This means that you don't have to worry about spending money and time on maintaining your property.LocationFlats in Thrissur are generally located in prime areas, providing easy access to schools, hospitals, shopping centers, and entertainment facilities. This can be a significant advantage for people who don't want to spend a lot of time commuting. The fact that Thrissur is week connected via roads make it's a more desirable location to buy a flat Rental IncomeOwning a flat in Thrissur can provide you with a rental income. You can rent out your property to tenants and generate a steady source of income. This can be a significant advantage for people who want to earn passive income.Community LivingApartments provide an opportunity for community living, where residents can interact with each other and build relationships. This can be especially important for people who are new to the area or want to expand their social circle. Similarly, apartments in Kochi also provide a community living environment , fostering connections and a sense of belonging among residents.Along with this the city of Thrissur is also known for its cultural heritage and diversity, for anyone who wishes to be in the heart of city and cultural life buying or purchasing a flat in Thrissur is a much added bonus In conclusion, owning a flat in Thrissur can be more beneficial than buying a house. Apartments are cost-effective, offer a range of amenities, provide a higher level of security, require less maintenance, and are located in prime areas. Additionally, flats provide an opportunity for community living and can generate rental income. If you're considering buying a property in Thrissur, owning a flat can be a great option.Varma Homes, one of the premier builders in Kerala , believes that true happiness stems from quality construction that stands the test of time, becoming a lifelong investment. Our years of expertise in the industry have underscored the importance of meticulous planning, continuous training of laborers and staff, and strict adherence to safety procedures to ensure timely and efficient delivery. As a testament to our commitment, we offer Ready To Occupy Flats In Thiruvananthapuram, combining quality with convenience for our esteemed clients.
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Why Kochi Is the Perfect Place to Buy a Flat Right Now
There is no denying that India's real estate market is booming. The demand for property owners in the real estate sector has increased manifold in the last few decades. If you want to get into the property investment, then Kochi might be your place. The city of Kochi has a thriving real estate market and is home to some of the best properties in India.Kochi is not just a smart city. It is home to airport terminals, commercial growth, port-based industry development, cross metro rail, tourism, massive career opportunities and foreign investment. Kochi also boasts a burgeoning IT industry. In this blog post, you will learn about some of the best reasons to consider moving to this city if you want to take your wealth creation to the next level with real estate investment.Luxurious features:Builders are delivering premium homes and apartments in Kochi with luxury facilities as the demand for luxury residences grows. The facilities you choose are entirely up to you, based on your needs and budget. Because it is an issue of your everyday commute, accessibility to your business and important routes should be considered. Shopping locations and transportation accessibility should also be considered.Healthcare Facilities:During this medical breakdown, the hospitals and primary health centres in the city have responded quite effectively. This resulted in bringing down the rates of affected people and helped to restore life back to normal. Passengers arriving at the railway station and airport during this time were given thorough check-ups and made sure they continue to take proper care for themselves, even if they were not admitted to the hospital. Being an owner of an apartment in Kochi means you are guaranteed to stay healthy and secured in good hands. New international airport terminal to cater to growing demand Cochin International Airport Ltd (CIAL) constructed an INR 1,100 crore international terminal with a built-up space of 15,00,000 sq ft. It is designed to handle 4,000 passengers per hour and the new international terminal will have a very positive economic impact and uplift the real estate market in the whole region. The catchment will witness the development of new retail and commercial spaces along with a good supply of residential and hospitality developments to cater to the increasing demand.The increased international connectivity will also pave the way for global companies and cargo-based businesses to deploy and expand operations nearby. The international terminal, along with an operational metro, will significantly boost the city's real estate market and the catchment itself is expected to witness 15-20% rise in property prices.Education and ProfessionWhen buying apartments in Kochi, you should think about the educational and professional facilities available. Kochi is home to some of the country's most prestigious educational institutions. In the city, many foreign schools and institutions provide high-quality education. Kochi is now a burgeoning IT center, with the Infopark and Smart City providing a plethora of career prospects. As a result, professionals and the general public can find a wide choice of work and business opportunities in Kochi.The Support system: While we were busy living our lives indoors during the pandemic, there was a whole bunch of livestock, organic farms and godowns ready to serve the city's needs. Terrace gardens, farms and Fishermen folks slowly get their day-to-day activities eased and go smoothly, which essentially provides for you and your family in the future. Destination of Opportunities: Now, as Kerala has become the number one state in the entire country to show more positive signs in the recovery mode, the opportunities are flooding in. Being the perfectly modulated economic zone in the state, the city of Cochin is the number one prime spot for some major investments in the coming times. A recent report from a National Daily suggests that the manufacturers who are backing out from other countries are looking forward to investing more in India, especially in Kerala. This stands for new opportunities in business ventures and the job market. This way, it is possible to consider your apartment in Kochi and that dream will be paid off in the future. Market for happiness: The city of Cochin which we have witnessed, even before the pandemic was struck, has a lot in its bag and will reclaim its space, once it's all over. The hotels and restaurants are coming back to the track, the hangout places in Fort Kochi and Marine Drive will kick-start with people coming to share their thoughts and love. By securing your flat in Kochi you are invited to partake in these lasting moments of true happiness and smiles.Bottom lineKochi, not now but always stands for the richness of both culture and heritage making it a sought-after travel and tourist destination. This also makes a good reason for you to enjoy a bit of culture and heritage and carry forward the same in your life with your dream home. With all modern amenities available on tap, buy flats in Kochi, an ideal location for buying your dream home.For a luxurious and posh apartment, you can visit our website and look for flats in Ernakulam and Kochi. The team at Varma Homes is devoted to creating high-quality commercial and residential projects that are both inexpensive and attractive.
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Is Now The Right Time To Buy A Flat In Trivandrum?
Kerala is renowned for having an abundance of natural beauty thanks to its many palm-lined beaches, beautiful lakes, and the mysterious and deep Western Ghats. However, Kerala also draws folks wishing to buy a house and start a family as well as tourists. Although Trivandrum is the state's capital, it is still regarded as a youthful city that is expanding quickly in both horizontal and vertical directions. It is a wonderful spot to invest.Everyone strives to achieve the key milestone of home ownership. And it becomes a notable accomplishment while purchasing a flat in Trivandrum. Despite being the capital of Kerala, Trivandrum is still expanding both vertically and horizontally. There is a tonne of residential developments underway throughout the city, which gives home buyers a tonne of options since the real estate market is booming!With miles of tranquil beaches, several lakes, and eco-tourism in the enigmatic Western Ghats, Trivandrum is renowned for its natural beauty. However, prospective homebuyers are attracted to Trivandrum just as much as tourists are. Given all the city has to offer, it is understandable that those looking to purchase apartments choose Trivandrum.Since it became the capital of the Kingdom of Travancore in 1795, this historically significant city, with roots dating back to the tenth century, has been linked to the aristocracy. Trivandrum's continuous status as the nation's capital even after independence has resulted in great infrastructure being in place as well. In addition to having some of the best multi specialty hospitals in the country, the city is also highly renowned for its top-notch educational institutions and medical travel.In addition to all of this, Trivandrum is home to Technopark, one of the biggest IT centres in the nation, which employs over 60,000 techies from throughout the nation. The need for new residences in Trivandrum is also being fuelled by this rebellious population, and developers are responding by offering a large number of flats for sale in prime Trivandrum locations. Over the past few years, the nation has experienced a number of revolutionary developments, including the installation of RERA, GST, and demonetization.And when the current pandemic finally brought an end to these ups and downs, a complete shift in attitudes occurred in the minds of individuals who were still debating whether to buy a property. Here's a closer look at some of the elements that make it a good time to purchase apartments in Trivandrum:Tangible AssetThis is the ideal time to invest in real estate due to a recovering economy and employment stability. Most people learned the value of having material possessions and a place to call home during the pandemic. Additionally, they started to pay closer attention to their family's security and started to invest in reliable assets. Purchasing a flat will also provide you with solid investment returns because rental incomes are expected to stabilise.Home loansThe banks are currently offering the lowest interest rates on house loans ever, making this the ideal time to purchase apartments in Trivandrum. Most banks now provide home loans with interest rates as low as 7% as a result of RBI's numerous repo rate reductions. Before applying, make sure to check your CBIL score. CIBIL scores between 750 and 800 entitle you to very reasonable EMIs for the duration of your loan.Perks A significant amount of merchandise accumulated during the pandemic with few serious purchasers in between. The majority of folks preferred the wait-and-see strategy. Builders need money to continue forward with other projects, but because sales have stagnated, the majority of builders are providing incentives to get customers to commit. As a result, homeowners now have more negotiating power and a large number of "ready-to-move-in homes" are offered at "under-construction" prices.Buyer's Market You can easily get quality properties at the rates of those in the affordable segment. This is due to the buyer's market we are currently seeing, where strong projects may not provide substantial discounts but may instead include free amenities like parking or more favourable repayment terms.Market BoomA boom in the property market and its pricing is anticipated soon since Technopark will need additional high-quality residences to accommodate the well-travelled personnel of upcoming MNCs.All this makes the current time to be the right time to buy luxury flats in Trivandrum. Come be a part of the Varma Homes family today and invest in a flat in Trivandrum - while the time is still right!
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Amenities Checklist That Should Consider During Your Apartment Hunt
The housing concept has been changed massively in the present housing market owing to the desires & demands of the purchasers. Until ages back, a home implied acquiring land & constructing an independent house, however, in the current situation, a home is nothing less than a luxurious residence with all the conveniences & amenities. As you begin your apartment search, you'll need to brainstorm a rundown of ideal amenities your new home will bring. Picking a way of life of your own is something you can't face any risks. ‘Uncompromised’ is something that many top real estate builders in Kerala, like Varma Homes comprehend and respect. The interest for an individual space that you can call your own has consistently been a trendsetter, and nobody comprehends it better than Varma Homes, the most reliable and the trusted builder in Kerala. There is no denying that apartment life creates your life more relaxed & more enjoyable. As with our busy schedule, we often forget about peace & comfort for the well-functioning of our body, mind, & of course life. Hence, choose an apartment that has a comprehensive set of amenities that cater to your overall well-being. Take a glance at the apartment amenities that you must search for while selecting an apartment. Sports, Wellbeing & Recreational Activities Amid our bustling lives, it turns out to be simple for us to compromise our wellbeing. Anyhow, this can be effortlessly controlled if all the provisions are within our reach. Ie. Right from the swimming pool, gym, yoga hall, sports arena, spas, etc, ensure that your builder is giving you adequate amenities that will take into account your prosperity. Having these amenities after a restless day at your office is significant for leisure & social bonding to retain a healthy environment in society. Parking Provision Before finalizing a deal, it is important to check whether the apartment has a spacious reserved parking space that offers individual parking and separate guest parking to simplify the parking for residents. Typically, apartments with numerous units provide these, however, you need to affirm it. Aside from this, watch that there is a different parking spot for differently-abled individuals & ambulances. Similarly, ensure there is a suitable fire engine access way across the loft premises to arrive at emergencies (If happens). Well-designed Landscape Lavish and large lawns aren't just useful for your reviving yoga practice or morning walks, but on the other hand are an incredible spot to hold gatherings, events, parties etc. Including a lawn inside your apartment community is not lavishness, yet a need. Thus, ensure that your apartment premises have a landscape that is consistently available, and is constantly looked after appropriately. Clubhouse A carefully planned clubhouse takes your decision of choosing an apartment a bit higher. A clubhouse contains a banquet hall that comes truly helpful when masterminding your wedding anniversary party or child's birthday celebration, or any other special occasions. It gets troublesome and irritating to chase for banquet halls whenever an occasion occurs. So, having a clubhouse inside your apartment premises is an added advantage for the race of constructing happiness in your life. Security System & Power Backup This is an indispensable element of your apartment checklists. Your apartment should have a 24/7 professional security service with CCTV surveillance. Together with the apartment should also be equipped with an alarm system, intercoms, emergency buzzers, & top-of-the-line security installations to ensure that your apartment premise is secure. Additionally, make a point to check with your builder that your apartment has a proper power backup to support the electrical supply to save yourself from frequent power cuts. Play Area For Kids A secure play area for kids can work wonders to get your children involved with some physical activity. As much as studies, playing is fundamental for comprehensive development in kids. Meanwhile, most of the kids obsess over watching videos or playing games on tablets & mobile phones, urging them to go outside and play is a mission for guardians nowadays. But a striking, safe play area for kids is an incredible alternative to lure kids outside to play with the neighbouring kids. Hence, check with your builder if they would offer a play area, & make sure to check its quality if possible because your child’s safety comes first. Incessant Water Supply Water is life and getting a continuous water supply is one of the essential apartment amenities that you should deal with before purchasing a flat or apartment. Though the vast majority of the metropolitan urban areas are confronting water shortage and the apartment dwellers are struggling to get a legitimate freshwater supply. So, prior to picking an apartment ensure that there is an additional water supply accessible in the event of water shortage. So, if you are looking for an apartment, make sure you get all the amenities you will need to make your new space feel homey & lively. Being the most trusted builder in Kerala, Varma Homes, have high-end apartments projects in the prime locations of Kerala like Thiruvananthapuram, Kochi, Tripunithura, Thrissur and Kozhikode without any compromises for the convenient and modern amenities to ease life for residents. So, go ahead and take your preferred pick from our array of high-end apartment projects where you get comfort and convenience at its best!
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