When a person is young and vibrant, buying a property, especially an apartment, with basic amenities seems suitable. But those amenities seem to excessively sideline the needs of an aged person in most of the urban clusters. This elderly stage, which is appropriately called the second childhood, definitely needs the right concrete development that best fits all of their requirements.
With an annual growth rate of 3%, the senior population is expected to reach 319 million by 2050. So, creating a favourable environment for the aged generation should be a priority. The majority want to live in a serene setting with people who share their similar interests. Luckily, there are ample facilities available in this era to gratify their wish for a safe and caring abode.
Let us look at the factors that need to be considered while choosing an apartment for senior citizens:
First and foremost, be sensitive to their feelings and requirements. Do not make picking an apartment seem like a daunting process to them. Never jump into buying any apartment without considering the services that the builders offer. A careful study and analysis should be done before selection so that the lives of your loved ones become happy and hassle-free.
A Reasonable Buy
The majority of senior citizens who purchase a home do so using their retirement funds. And having a home after they have passed their early years may appear to be a significant burden. Most financial institutions provide older adults with home loans with terms that can run until they reach the age of 75. But taking out a loan is unlikely to aid a senior citizen. Therefore, finding a property with all their necessary comforts and also one that will fit their budget is crucial.
Access to Conveniences
A senior citizen-friendly development should include ramps and elevators, as well as be constructed to accommodate the needs of its older people. Fewer accidents happen at homes when skid-free surfaces, easily accessible elevators, ramps with side rails, and support handles in bathrooms and balconies are assured. Inside the residence, there should be no unnecessary furniture or modifications. Search for an apartment that allows you to make such adjustments to the decor.
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.Why you should buy under-construction properties from builders in Kerala? 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.1.Lower Prices: 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.2. Appreciation in Price is Higher: 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.3. Flexible Payment Options: 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.Construction-Linked Payment Plans: 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.Minimal Down Payment: 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.Interest-Free Periods: 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.1. New Construction 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.2. Offers: 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.Your Trusted Real Estate Partner for Apartments in KeralaWhen 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.ConclusionBuying 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.Read More
Ever dreamt of owning an apartment tucked away from the tumults of the city and also has the perfect blend of serenity and accessibility. If you're keen on scenery and have always visualized a life where you get up with the morning sun with the chirping of birds and live your day in an exceedingly peaceful lush foliage and a soothing breeze caressing your face then Bougain Heights by Varma Homes is the ideal location for those looking for apartments or villas in Kochi. It is located in the most tranquil living environ of Chottanikara. Spread across 10.60 acres, with two apartment towers and bungalows, guaranteeing that you are always in a space of complete joy. It is a serenely elegant 2 BHK & 3 BHK luxurious apartment project set amidst the green meadows with lush woodlands. It has a lot to offer as a residential area. The zone is blessed with its strategic location that makes Chottanikara the heart of Kochi. Flanked by lush landscapes and serene environs, yet a few minutes from the city, Chottanikara is a perfect place to have a home in Kochi. Given below are the few advantages of owning Bougain Heights as your resident choice. Connect With Nature There is nothing in the world that is more comforting and peaceful than getting back to nature. Stays on the beautiful pitch in the heart of the city are always demanding one. Set amidst lush greens with amazing views all around, Bougain Heights is a true green paradise amongst apartments in Kochi. After all, the environment influences your mood, so it is best to be in a place where you have the least stress. 100 Marks in Connectivity An apartment or villa located at the centre of the city enjoys seamless connectivity to all major transportation hubs like railway station, metro rail, airport, bus stand, etc. Also, easy access to other hotspots in the city are the prior things that the buyers search before purchasing their dream apartment. Bougain Heights has excellent connectivity in which it has proximity to, educational institutions, hospitals, malls, famous Chottanikara temple, Karingachira Church, smart city and Infopark. On top, it gives the inhabitants easy access to all the necessary necessities and urban cosiness of the city. So enjoy the full benefits of a joyful living with the life of Bougain Heights. Top-Notch Amenities & Accessibilities at Varma Bougain Heights Bougain Heights is furnished with all the modern amenities including Fully Automatic Lifts, Children’s play area, swimming pool, Intercom facility, Fire Fighting System, Rooftop party area, Terrace garden, Clubhouse/Fitness centre ,Recreation space, Provision for 24 hours power and water supply facility, Provision for 24 hours security, Water filter, Surveillance camera, Sewage treatment plant, Caretaker room, breath-taking surroundings with stunning picturesque view of nature. All together Bougain Heights is simply the luxury behind comfortable living, soothing nature and beyond values. Walk in and feel a cut above, the instant you step in. Being the top builders in Kochi, Varma Homes is the first choice for residential projects. We strive to make sure that you and your family experience a comfortable and opportune lifestyle. We invite you to realize an upper quality of apartment living bound with top in class facilities and services. Yet another good news of Varma homes is that they are soon presenting you Bougain Heights – Purple, the milestone of standard luxury living with the charm of nature enriched environs in Kochi. It is a 100-villa project at the same location of Bougain Heights with state of the art facilities spread across 8.5 acres of lands. Move into this luxury apartment and villas, and take your lifestyle to new heights of exquisite prudence.Read More
The trends and ideologies of having a home in gone modern in Thrissur. The orthodox nature of the city which was famous of its culture and artistic thoughts have now transformed to a fast growing city with pepping in of new commercial ventures in various domains. There is a high boom in the construction industry with the demand for developing residential spaces. A city which largely had a lot of individual homes have now changed to apartments which gives comfort, luxury and security. Varma homes, the most trusted builder in Kerala has now diversified to the city of Thrissur with the new project in Poochatty, Varma's Spectrum. Poochatty is an easily accessible location, which is just a drive in from the national highway that connects Thrissur to the rest of the world. A quick road access to the Cochin International Airport is definitely a major attraction for people who have a busy travel life. The location where the construction of this luxury apartment has all the major add on's as it's a fast developing part of Thrissur. The Bhavans Vidya Mandir School, managed by the much famous Bharatiya Vidya Bhavan group of educational institutions is a foot step away from Varma's Spectrum, the best builders in Thrissur. Life in Thrissur is literally a life with festivals. A life centered around the bliss of Vadakkumnathan temple, hosting art an cultural spaces and also to the much famous Thrissur Pooram which showcases massive drum ensembles, procession of pachyderms and fireworks. This project is curated by Varma Homes, the builder with a royal lineage. With tremendous domain experience and a dozen of projects in hand, Varma Homes is the most trusted builders of Kerala. Just pay 10% of the total cost as a booking right now and own Varma's Spectrum, Thrissur.Read More
Embarking on the journey to invest in real estate, whether it's the allure of luxury houses in Kerala, flats for sale in Kochi, apartments in Thrissur, or ready-to-occupy flats in Thiruvananthapuram, requires a strategic approach. As you delve into the process of finding the perfect property within your budget, there are crucial steps to follow. These steps will ensure that your investment aligns not only with your financial capabilities but also with your aspirations of owning a piece of this enchanting region.Determine Your BudgetBegin by going through your income, spending, and obligations. This can assist you to understand your financial condition and calculate how much you can reasonably afford to spend on a home. Most real estate transactions need a down payment, which is often a percentage of the overall purchase price. Determine how much of a down payment you can afford. Apart from the purchase price, there are various other expenditures connected with purchasing a home, such as closing charges, legal fees, property taxes, and upkeep costs. Make sure to include these expenses in your budget. Consider being pre-approved by a lender if you intend to finance your home acquisition with a mortgage. Set a budget that works for you based on your financial status and the costs of purchasing a home. When it comes to picking a home within your budget, keep in mind that you may need to make concessions and prioritize your demands.Identify Your NeedsDecide the extent to which you require bedrooms, bathrooms, living areas, and outdoor space. This will be determined by the size of your family, your lifestyle, and any unique requirements. Evaluate the exact qualities you desire in a house, such as a garage, outside space, a swimming pool, or other facilities. Take into account your long-term goals and how your investment will fit into them. If you intend to have children, for example, you may require a home with more bedrooms and an outside area. If you intend to rent out the home, you should assess its rental potential as well as the facilities that tenants will demand. When you've identified your needs, prioritize them in order of significance. You may make an informed decision about investing in property within your budget by assessing your needs. To ensure that you make a wise investment that fulfills your long-term goals, you must analyze all elements that are essential to you and prioritize your requirements.Research The MarketAssess current real estate market trends in the region where you wish to invest. Understanding issues such as supply and demand, property valuations, and market circumstances are all part of this. Evaluate the development potential of the industry in which you wish to invest. Look for elements such as new projects, infrastructure upgrades, and other growth indicators that may raise property prices in the future. If you intend to rent the property, investigate the current rental prices in the neighborhood as well as the demand for rental units. This will give you an indication of how much rental revenue you might be able to make from your investment. It's vital to comprehend the local market circumstances, property valuations, and growth possibilities in order to make a wise investment that fulfills your long-term objectives.Work With A Reputable Real Estate AgentReal estate agents have extensive knowledge of the local real estate market, including property valuations, market trends, and sales history. When it comes to investing in property within your budget, this knowledge might help you make an informed decision. They have years of experience and knowledge in purchasing and selling real estate. They may offer invaluable advice and direction throughout the purchase process, including assisting you in identifying houses that match your requirements and negotiating a reasonable price. Real estate agents share a professional network with other agents, lenders, house inspectors, and other industry experts. They may use their connections to assist you in finding the correct house, obtaining financing, and ensuring a smooth closing process. Varma Homes provide the best services and guidance to make all your dreams come true.Check The Property ThoroughlyBegin by checking the property's exterior. Check for evidence of deterioration such as foundation or roof fissures, water damage, or mold. When you've gone over the outside, go over the interior. Check for indications of wear and tear, such as cracked walls or floors, dripping faucets, or broken appliances. Look for pests like rat droppings, termite damage, or cockroach infestations. They can be expensive to remove and may suggest broader issues with the property. Make that the plumbing and electrical systems are in good operating condition. Check for leaks, electrical problems, or antiquated systems that need to be updated. Take a walk around the neighborhood to get a sense of the community and the local facilities. Search for places that are essential to you, such as parks, schools, restaurants, and shopping complexes. Consider hiring a professional inspector to do a more thorough examination of the property. A skilled inspector can see any faults that aren't always obvious and offer you a detailed report. Consider Long-Term ValueKeep up with the latest real estate market trends. Are the costs in the region rising or falling? What are the future growth projections? Investing in a property with long-term growth potential might deliver a strong return on investment. Evaluate the property's condition. Is it in good shape and will require just minor repairs or improvements in the future? Well-maintained properties tend to preserve their worth better over time. Assess the property's ability to create rental revenue if you want to rent it out in the future. Properties in desirable locations with adjacent facilities may have a higher rental value, offering a solid long-term return on investment. Conclusion:The journey to investing in properties like luxury houses in Kerala, flats for sale in Kochi, apartments in Thrissur, or ready-to-occupy flats in Thiruvananthapuram is marked by strategic financial planning, thoughtful research, and prudent decision-making. By following these steps, you can navigate the intricate landscape of real estate investment, ultimately realizing your dream of owning a property that aligns with your aspirations and financial goals in this captivating region.Read More
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!Read More