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Introduction to CREDAI Membership in Kerala
CREDAI, which stands for Confederation of Real Estate Developers' Associations of India, is a prestigious and influential organization representing the real estate sector in India. It is a national body that brings together various regional associations of real estate developers and builders. This body plays a crucial role in shaping the real estate industry's policies and practices. Taking a membership in this platform is highly beneficial for builders in Kerala.
What is CREDAI?
CREDAI serves as a unified platform for real estate developers, promoting collaboration and knowledge-sharing among its members. It was established in 1999 and later grew into one of the most significant real estate organisations in India. It encompasses thousands of developers and builders across the country.
The primary objectives of CREDAI include:
Promoting Ethical Practices: CREDAI encourages its members to adhere to ethical business practices, ensuring transparency and integrity in all real estate dealings.
Policy Advocacy: The organization actively engages with government bodies to advocate for policies that facilitate the growth and development of the real estate industry while safeguarding the interests of both developers and consumers.
Skill Development: CREDAI emphasizes the importance of skill development and provides training and educational opportunities for its members to enhance their professional capabilities.
Industry Standardization: It works towards establishing industry standards to create a fair and level playing field for all stakeholders in the real estate sector.
Significance of CREDAI membership in Kerala
Enhancing Credibility and Trust - CREDAI membership in Kerala enhances a developer's credibility and trustworthiness from the perspective of consumers and other industry stakeholders. By aligning with CREDAI's values and code of conduct, members signal their commitment to ethical business practices and a customer-centric approach. This commitment goes a long way in building confidence among potential buyers, as they know they are partnering with developers who stress integrity and transparency. Being associated with a nationally recognised and respected organisation like CREDAI enhances a developer's reputation and creates a positive brand image. Consumers often seek out CREDAI members because they trust the organisation's vetting process and believe they will receive fair treatment and reliable services. This increased trust can lead to higher customer retention and referrals, further contributing to the developer's success. CREDAI's advocacy for industry best practices and adherence to quality standards also add to the credibility of its members. The organisation's efforts in promoting sustainable development and addressing consumer grievances showcase a commitment to the welfare of both customers and the community. Overall, CREDAI membership is a powerful symbol of a developer's professionalism and dedication to excellence.
Access to Industry Insights and Updates - As a CREDAI member in Kerala, developers gain access to a vast and valuable network of industry professionals, experts, and peers. This network serves as a platform for exchanging ideas, experiences, and knowledge. Regular events, conferences, and seminars organized by CREDAI provide opportunities to interact with leaders in the real estate sector, including architects, urban planners, financial experts, and legal advisors. Being part of this network ensures that members stay informed about the latest industry trends, emerging market dynamics, and regulatory changes affecting the real estate sector. Access to such up-to-date information is crucial for developers to make informed decisions and adapt their strategies to the ever-evolving market conditions.
Through this knowledge-sharing process, members can gain valuable insights into successful business practices, innovative construction technologies, and customer preferences. Armed with these industry insights, CREDAI members can gain a competitive edge by implementing cutting-edge solutions and delivering services that cater to the changing needs of the market. Moreover, access to industry updates and best practices also enables developers to identify potential opportunities for growth and investment. By staying ahead of the curve, CREDAI members can position themselves as industry leaders, driving positive change and contributing to the overall advancement of the real estate sector in Kerala.
Networking and Collaboration Opportunities - Being a member of CREDAI in Kerala provides ample networking and collaboration opportunities within the real estate industry. CREDAI regularly organizes events, conferences, seminars, and workshops where developers, builders, and other stakeholders can come together, share experiences, and exchange ideas. These gatherings offer an excellent platform to build professional relationships, explore potential partnerships, and foster collaboration on various projects. By networking with other industry players, members can gain insights into successful strategies and innovative approaches, leading to mutual growth and development.
Code of Conduct and Ethics - CREDAI emphasizes the importance of maintaining a high standard of ethics and professionalism in the real estate sector. As part of their membership, developers are expected to adhere to a stringent code of conduct that promotes fair business practices, transparency, and integrity. By upholding this code, members demonstrate their commitment to delivering quality projects, respecting customer rights, and responsibly conducting business. This adherence to ethical conduct not only enhances the reputation of individual members but also contributes to raising the overall credibility and trustworthiness of the real estate industry as a whole.
Advocacy and Representation - One of the significant advantages of CREDAI membership is the platform it provides for advocacy and representation at various levels of government and policy-making bodies. CREDAI, as a unified voice of the real estate sector, advocates for policies and regulations that support the growth and development of the industry while safeguarding the interests of both developers and consumers. By representing the collective concerns and suggestions of its members, CREDAI can influence policy decisions and contribute to a more favourable business environment for the real estate sector.
Professional Development and Training - CREDAI membership in Kerala offers access to professional development and training programs that can significantly benefit developers and builders. These programs aim to enhance the members' skills, knowledge, and expertise in various aspects of the real estate industry. Workshops, seminars, and educational sessions conducted by industry experts provide valuable insights into the latest market trends, construction techniques, legal and regulatory updates, project management, and customer relationship management. By continuously upgrading their skills through these opportunities, members can stay competitive, improve their business practices, and deliver better services to customers. The focus on professional development also fosters a culture of continuous learning within the organization, leading to a more dynamic and innovative real estate sector in Kerala.
Quality Standards and Customer Satisfaction - CREDAI sets high-quality standards for its members in Kerala,including those engaged in developing apartments in Thrissur, encouraging them to prioritize customer satisfaction and deliver superior products and services. Adherence to these standards ensures that the properties developed by CREDAI members meet strict quality parameters and comply with relevant building codes and regulations. By focusing on quality and customer-centric practices, developers can build trust with their clients, leading to higher customer satisfaction and repeat business. Moreover, satisfied customers are more likely to recommend CREDAI members to others, thereby contributing to the positive reputation of the organization and the real estate industry as a whole in Kerala.
Contributing to Industry Growth and Development - CREDAI plays a vital role in contributing to the growth and development of the real estate industry in Kerala, including the vibrant market for flats in Kochi. Through its various initiatives, policy advocacy, and representation, CREDAI helps shape the regulatory landscape to create a conducive environment for business growth. By actively engaging with government authorities and policymakers, CREDAI influences decisions that impact the industry, such as taxation, land acquisition, and construction regulations. The organization also collaborates with other stakeholders to address common challenges and find innovative solutions. By promoting sustainable development practices, affordable housing, and technological advancements, CREDAI fosters an environment of growth and progress in the real estate sector. Through these collective efforts, CREDAI members in Kerala contribute to the overall economic development of the region and improve the quality of life for its residents.
Conclusion
CREDAI membership holds immense value for developers and builders in Kerala's real estate industry. Joining this prestigious organization not only enhances a developer's credibility and trustworthiness but also signifies a commitment to ethical practices and customer satisfaction, especially for those seeking ready to occupy flats in Thiruvananthapuram. Consumers are more likely to choose CREDAI members for their reliability and transparency, leading to increased business opportunities and customer retention. Being a part of CREDAI in Kerala means being part of a united force working towards the development of the real estate industry. With a focus on professional development, quality standards, and customer satisfaction, CREDAI members can drive positive change and create a brighter future for the real estate sector in Kerala. Overall, CREDAI membership is a valuable investment that brings tangible benefits, fosters growth, and elevates the reputation of developers in Kerala's real estate landscape.
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7 Reasons Why Real Estate Is an Extraordinary Investment
It is everyone's longing to turn out to be financially independent. For this, most people depend on traditional ways to earn more, like being salaried in an organization or being self-employed. Yet there are different medians for individuals to enjoy surplus monetary advantages like stock purchasing, shareholding, and the long and worthwhile standby of retirement pension. Apart from all these, the most efficient way to earn is by investing in real estate. You can relish a profound pace of profits, astounding tax benefits & leverage of land to construct your wealth. Here are some reasons why real estate is an extraordinary investment. Reason 1: Predictable Cash Flow Cash flow is the net spendable profit obtained from the investment after every single operating cost & home loan installments have been made. When you purchase a good property from a reputed real estate builder in Kerala, the cash flow will be just as hefty. You can make money through rental income as it tends to rise over time, which can lead to greater cash flow. In most cases, cash flow makes stronger over time as you pay down your loan & build up your equity. As well, RBI has recently declared a reduction in the REPO rate which creates home loans even less expensive. So this will help you to smoothly begin your investment & hence increase cash flows. Reason 2: Get the Most Delightful Return on Your Investments From the pool of real estate builders, you can select the best real estate builder in Kerala who can offer the best quality construction works for their projects. Because the quality of the construction work matches the most excellent grades. So it comes with assured safety, security & top-notch amenities. This shows, by investing in those properties, you are going to accept the most appealing return on your investments. Reason3: Financial Security over Time While another reason that forced people to make their investment in the realty market is long term financial security. If you have a constant flow of cash in succession, the bonuses of this investment yield monetary bonuses for a long time. Possessing a residential property can give investors a sense of security due to the property appreciation over the long run. Well, this is only possible when you invest in the right place. So it is always advised to completely research the location before finalizing the negotiation on the apartment of choice. Reason 4: Hedge against Inflation In contrast to most different sorts of ventures, the realty market can contribute a hedge against inflation, which is yet another reason that pulls customers to put in this income stream. I.e. with high inflation, your rental pay & property value develop profoundly. Hence investors welcome inflation wholeheartedly because as the cost of living rises, so makes their cash flow. Accordingly, buying a property offers extra investment security during inflation. Reason 5: You Become Your Own Decision Maker The most satisfying part about real estate investment is that you become your own boss. Similar to any other business you have total authority & freedom over your investment strategies just as your flops and achievements. You make better decisions on which property to invest in, the tenants who will live in your property, how much rent to impose per month and so on. Reason 6: Qualifies you for Tax Deductions Another reason that real estate is an extraordinary investment, is the tax deductions you can take in this income stream. You get to deduct expenses straight connected to the operation, maintenance & management of a property such as property maintenance, insurance, maintenance repairs, property management fees, repairs, travel expenses, legal fees, and even the interest paid on the home loan. All of these deductions will reduce your taxable income, which might save you cash while you file your taxes. Reason 7: Admittance to Credit Reliant upon a variety of features, extra payment created from real estate investments might grant you admittance to added credit. Usually, loaning institutions finance more money to individuals who get more cash flow. The additional payment generated using property ventures may unfold more comprehensive credit lending entryways. To Sum Up, You can see the profits of investing in real estate while investing in other sorts of investments like the stock market. Investing in real estate can be your ticket to making passive income & reaching long-term financial stability. Nevertheless, before you can obtain these things, always remember that you need to make careful decisions when investing in your property. I.e. while choosing the right builder for your investment, is the first and the most important aspect when it comes to a real estate investment. If you are seeking a top-rated & most well recognized real estate builder in Kerala, then head over to Varma Homes and start searching for investment properties for sale across Kerala. We have our apartment projects at the prime locations in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. Visit our website to get more information about our projects. Get in touch with us today to start an investment with us that will definitely offer you a lifetime of fun, happiness & priceless memories.
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High Tech Amenities Offered in Real Estate
It’s common now for most residential properties, luxury or otherwise to come equipped with a host of fully loaded high tech amenities that make personal living experiences more convenient and super comfy whilst simultaneously weaving in work and business expediency. Features such as business bays, fitness centres or concierge desks are now considered as given conveniences that are a must for the exacting demands of residents. In fact it’s not unusual for residential properties to resemble more on the lines of luxury resorts rather than simple lacklustre residences. The sky is the limit and there really is no dearth of shortage of bespoke residences that fulfil every desire. So what then should you expect if you’re a home buyer looking for a property that will comply with your needs for today and appreciate suitably or phenomenally in the future as well? Here, we’ll individually take a look at some of the niche amenities that are being offered to the conscientious customers of today whilst presenting an opportunity for realty investors to identify early opportunities in this segment. Dedicated zones for entertainment and multimedia are no longer things of the past, they are the standing reality of today. As the world moves at lighting speeds with respect to technology, gaming and virtual reality zones are fast becoming a must have feature in residential complexes. To that end, many developers are imbibing these dedicated zones in their blueprint plans. So while one can expect private Jacuzzis and spas conveniently located a few floors below their residences, it’s not going to be surprising to find private entertainment and multimedia zones located right next to them. Usually most residential configurations already come pre-designed with multimedia zones within the house itself with special provisions for enabling it with ‘smart’ features. However, lately consumer needs have started gravitating towards incorporating the multimedia zone as a shared community space rather than a private feature solely accessible to the home’s inhabitants. Many reasons can be attributed to this shift, mainly the fact that many large sized simulators are impractical within the house besides it’s more convenient to allocate the multimedia or entertainment zone outside the house and free up the space within for something else. Perhaps a private pool or a work station, as the individual requirements may go. Those residential properties already having these types of zones allocate enough space so as to accommodate dedicated gaming zones, snug bowling alleys, virtual reality golf courses, cricket pitches and table tennis or lawn tennis simulators among other outdoor sports. What’s more, there will be high end gaming consoles and the latest play stations so that kids and adults alike can partake in their daily doses of some gaming action. These sorts of entertainment zones are not intended purely as leisurely, recreational activities rather an opportunity at family bonding and professional networking intermeshed at one great, fun place, within the residential complex. Moreover as these zones are located within the complex itself, residents are saved from traffic jams and traveling woes - something anyone and everyone appreciates! Did we mention about the mini theatres or screening rooms with super plush and comfortable seating options? Those too are very much an integral part of the entertainment zone. So residents can pretty much enjoy a session at the spa, work out at the high tech health club and saunter over to the entertainment zones and end the evening either playing some virtual tennis or catch their favourite movie, whatever catches their fancy first. In the western countries, residential projects have fast caught on with these futuristic concepts. And it is thought that this will be a rage in the coming years everywhere. In fact, there are quite a few national developers who’ve even begun planning these niche features in their pipeline projects. However, there is a considerable outlay for the developer and consequently the customer too. Hence it’s best advised for any new buyer to consider these aspects beforehand. Varma Regent, compact apartments is being built at Edapally by the best property builders in Kochi. At Varma Regent, located at Ponekkara, to say 'convenient' is an understatement. The unique combination transcend to a whole new realm of affordable 2 & 3 BHK luxury homes ranging between areas of 862 sq.ft to 1357 sq.ft. Varma Regent is one of the current ongoing residential projects of Varma Homes at Edapally. Kochi's fast paced culture is at the doorstep with the phase I of the Kochi Metro Rail project commencing up to Edappally. If you are looking to buy an affordable apartment in Edappally with luxury amenities Varma Regent is the best option. Varma Homes is one among the top builders in Kerala offering high quality and affordable luxury apartments in Thrissur, Kochi and Trivandrum. We always create the best living spaces meeting the requirements of our clients. If you are looking forward to buy apartments or flats in Thrissur, Trivandrum, Kochi then contact us today. Call +91 9645 88 33 33 for more details.
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6 Reasons Why Apartments In Kochi Are Better Than Bungalows
When it comes to making real estate decisions in the vibrant city of Kochi, prospective buyers often find themselves torn between the allure of spacious bungalows and the practicality of contemporary apartments. While bungalows offer their unique charm, there are compelling reasons why apartments in Kochi are emerging as a preferred choice. This article delves into six key factors that underscore the advantages of apartments over bungalows in this bustling South Indian metropolis, emphasizing the investment potential, convenience, sense of community, competitive pricing, reduced maintenance costs, and high-quality construction that apartments offer.Investment PotentialThe real estate market in Kochi is quickly expanding, with rising demand for both commercial and residential buildings. Property values are predicted to improve over the next several years, making this an excellent time to invest in the city's real estate market. Kochi is a major commercial centre in South India, with a diverse economy that includes businesses such as tourism, information technology, and manufacturing. This implies that there are several investment prospects in the city, which is expected to develop further in the next few years. Kochi is experiencing considerable infrastructure development, including the extension of the metro rail network, the creation of a new international airport terminal, and the construction of a new port. These developments will increase connectivity and make Kochi an even more appealing destination to live and work.ConvenienceAs previously said, several developers in Kochi provide ready-to-occupy flats, which means that homeowners may move in right away rather than waiting for development to be done. Most Kochi apartments provide a variety of conveniences that make daily living easier. Security, parking, power backup, and garbage management are examples of such services. Several Kochi apartments are in ideal locations, adjacent to major facilities like schools, hospitals, and retail malls. This can help you get to whatever you need on a daily basis. Flats can provide a sense of community since members live in close proximity to one another and share shared areas. This can promote a sense of belonging while also providing possibilities for socializing and networking.Established CommunitiesLiving in a well-established neighborhood might give possibilities for socialization and meeting new people. Many flats feature communal areas where tenants may congregate and engage, such as gardens, parks, and community halls. In a flat, an established community may create a sense of protection and security. To safeguard the safety of tenants, many apartments have security measures in place such as CCTV cameras, security officers, and access control systems. The maintenance and repair of common spaces and facilities in an established community are normally handled by the residents' organization or the builder. This implies that residents are not responsible for the upkeep of communal facilities like gardens, parks, or swimming pools.Competitive PricingKochi's real estate market thrives on competitiveness, with multiple Builders In Kochi and builders in Kerala offering homes at attractive price points. Also, the price of an apartment in Kochi might vary based on numerous aspects such as location, facilities, and the builder's reputation. Buyers have a variety of alternatives to pick from, and they may compare and negotiate prices with builders to obtain the best bargain possible. However, before buying a flat, it is critical to conduct rigorous research and due diligence to ensure that the pricing is competitive and the property is a suitable investment. Kochi has various regions with economical land, which can assist cut construction costs and allow builders to provide competitively priced flats. Certain Kochi builders employ new building processes, including pre-cast concrete construction, to assist cut construction time and costs, allowing them to sell apartments at cheap pricing. The Kerala government provides numerous incentives and subsidies to builders and developers that establish affordable housing developments, which can assist lower building costs and enable them to sell apartments at reasonable prices.Reduced Maintenance CostsFlats may have lower upkeep expenses than other types of homes such as detached houses or villas. This is because the maintenance of common rooms and services in a flat is normally handled by the residents' organization or the builder. This implies that the expense of maintaining common facilities like gardens, parks, or swimming pools is shared by all residents, which can assist lower individual upkeep costs. Furthermore, some builders may utilize energy-efficient designs and materials, which can assist minimize energy usage and maintenance expenses over time. Professional property management companies may also assist in the efficient and cost-effective administration of maintenance duties.High-quality ConstructionFlats in Kochi are built to a high standard. Several Kochi builders and developers employ high-quality materials and building processes to create apartments that are long-lasting, secure, and comfortable to live in. These builders frequently adhere to construction laws and regulations, ensuring that the apartments are built to a high degree of quality. Moreover, some builders may employ sophisticated construction techniques such as pre-cast concrete construction, which can increase building quality while shortening construction time. They may also employ energy-efficient materials and designs, which can assist minimize energy usage and maintenance costs over time. It is crucial to remember, however, that not all builders and developers maintain the same level of quality in their construction projects. Conclusion:In the vibrant city of Kochi, the choice between apartments and bungalows is not merely about four walls and a roof but about embracing a holistic lifestyle. While bungalows hold their charm, the practical advantages presented by apartments, including investment potential, convenience, community, competitive pricing, reduced maintenance costs, and high-quality construction, paint a compelling picture. As Kochi's Builders In Kerala and Builders In Kochi continue to shape the real estate landscape, the choice to invest in apartments in Thrissur or flats in Thiruvananthapuram emerges as a prudent decision that encompasses contemporary living and promising returns.
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Importance of buying apartments in Thrissur
High demandThrissur is a popular destination for both tourists and residents, which means that there is a high demand for housing in the city. This demand makes it a good investment opportunity, as you can expect to have a steady flow of renters or buyers for your apartment. The city's burgeoning status as a cultural and tourism centre has also boosted real estate demand. The city is well-known for its lively festivals, museums, and monuments, which draw people from all over the country and outside. Thrissur also has numerous famous educational institutions, world-class healthcare facilities, and a thriving IT industry, making it an appealing destination for students, professionals, and families. Because of the great demand for real estate in Thrissur, property values have steadily increased, making it an appealing destination for real estate investment. Whether you want to purchase a house or invest in rental property, Thrissur is an ideal choice due to its high demand for real estate.Developing infrastructureThrissur is currently experiencing a period of rapid development, with new infrastructure projects such as highways, metro rail, and an international airport underway. This growth is likely to increase the value of your investment over time. Many large initiatives are underway in the city that will revolutionise its transportation and connectivity, as well as its economic and social landscape. Another noteworthy development in Thrissur is the projected Puzhakkal Riverfront development, which would be a major tourist destination as well as a source of economic growth for the city. Among other things, the proposal calls for the creation of a riverside park, a shopping complex, and a water sports facility.Cultural and historical significanceThrissur is known for its rich cultural and historical heritage, with numerous festivals, museums, and monuments that attract visitors from around the world. Investing in an apartment here allows you to be a part of this vibrant cultural scene. Thrissur is also well-known for its numerous festivals and cultural activities. The Thrissur Pooram is one of the city's most prominent events, drawing thousands of people each year. The event features a parade of adorned elephants, lighting, and traditional music and dance performances. Many museums and galleries in the city reflect Kerala's rich cultural and aesthetic traditions. The Kerala Lalithakala Academy is a prominent art gallery that exhibits works by some of the state's most well-known painters. Another famous site is the Thrissur Archaeological Museum, which shows items from diverse periods of history.Education and healthcareThrissur is home to several prestigious educational institutions and world-class healthcare facilities, making it an attractive destination for students and professionals. Thrissur has a robust network of private and public schools that provide high-quality education at all levels. The city's emphasis on education has contributed to the development of a talented workforce, making it an appealing destination for businesses and investors. Thrissur features some of Kerala's top schools and institutions. Many notable educational institutions, including the Government Engineering College, Kerala Agricultural University, and Sree Kerala Varma College, are located in the city. These schools provide a diverse range of courses and programmes, ranging from engineering and technology to medical, law, and liberal arts. The city maintains a network of clinics and health facilities that provide low-cost healthcare to the general people.Weather ConditionsIn general, Thrissur experiences nice weather. The winters make up for both the humid and scorching summers and the copious rains brought on by the monsoon. To experience the finest of Thrissur, visitors take advantage of this pleasant and comfortable time of year. Since Thrissur is surrounded by a lot of natural greenery, a peaceful getaway is never far away at any time of the year. Every morning, the air is filled with the sound of birds chirping. Every evening, pleasant breezes rush by, and in the distance, waterfalls are gurgling.Buying an apartment in Thrissur can be a good investment due to its high demand, developing infrastructure, cultural and historical significance, education and healthcare facilities, and natural beauty. This is a city with a distinct combination of cultural heritage, natural beauty, great education and healthcare, and a thriving real estate market. The city is well-connected to major cities in Kerala and has a solid infrastructure, resulting in increased demand for real estate.
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Opt For Pre-Approved Home Loan & Take a Step Closer To Your Dream Home
Pre-Approved Home Loan & Take a Step Closer To Your Dream Home Looking ahead to the point where you want to avail pre-approved home loan to buy your dream home. Owning a home is everyone’s dream and most of us save up our hard-earned cash towards fulfilling this dream. However, our savings are not sufficient to achieve it, for this home loans options are there. After zeroing on the dream home the second biggest hurdle facing the home seeker is to obtaining a home loan. For this now, banks and financing institutions are providing loans much more handily than before. Pre-approved home loans are one of the most convenient and hassle-free ways to gather funds towards a home that you desire. It is the best way, as one will get a clear hint about the budget available for making the buying. This will aid you in thinning down the choices available and would be useful in finishing the transaction as quickly as possible. What Is A Pre-Approved Home Loan? Pre-approved home loans are slightly different from conventional home loans. It is mainly based on the refund capability of the person and not fully reliant on the property itself. One does not want property papers or related documents to apply for pre-approved home loans. I.e. it is a hassle-free method and processing will be fast with bare minimum documentation. The bank or the financial institute can give a stipulated amount of time once the approval of a loan to finalise the property. If anyone fails to finalise a property within the stipulated time, one should reconsider his application at a nominal cost. What Is Pre-Approved Property? Nowadays, mostly all builders get their residential projects pre-approved by lending institutions. The pre-approved property means that the particular financial institute has verified all technical and legal documents of the projects and has found them in order. Therefore, any buyer, who applies for the home loan for this property, do not require any legal verification. Key Points to Consider While Applying for a Pre- Approved Loan Pre-approved loans are like ‘Invitation to Apply’ (ITA) offer and hence it is valid only for a certain period of time. Therefore, the client needs to apply in the specified time frame to be qualified for the offer or the aids it brings. Enquire about the prepayment & pre-closure charges. Compare available features and interest rates. Look for zero processing charges. Important Features of Pre- Approved Loan Faster loan disbursal: As most of the verification is done during the pre-approval phase, it becomes faster to get the loan disbursed once the property is finalised. In such a case, banks only verify the property documents and give the final approval, which helps buyers of properties that have a shorter window of the transaction and have a time limit involved in their transaction. Lower Interest Rate: Pre-approved home loans may come with a lower interest. As the bank has already checked your income, current balance, repayment history and savings, it becomes clear that they are certain about you paying the installments on time. Focused house hunt: The housing market deals horde of choices to buyers containing apartments, villas, independent houses, floors etc. Knowing one’s loan eligibility benefits the candidate to limit the search and focus on the property comes under that budget category. This saves time and effort as the properties falling out of the scope will not be considered. Minimum Documentation: A pre-approved loan is offered to the existing customers, that is why minimum or no documentation is required, and the process is a hassle-free. Better negotiation power: Having a pre-approved home loan enables you to negotiate with your seller. The builder will be aware that your funds are in order and that you are a genuine buyer as pre-approved loans are available for a particular period only. You can start planning for your home and be ready to purchase it at the right time without having to deal with a last-minute loan rejection. Whether you are looking for the top builder in Kerala for owning your dream apartment, then you can heed towards Varma Homes. Step into Varma Homes and feel the magic of luxurious living along with zero concerns about taking of loan in order to make up for what is a shortage. As we have the tie-up with all major banks, and we offer pre-approved loans for all our projects, which makes the entire process a whole lot stress-free. A pre-approved loan always gives a head start that regular loans do not and it makes loan disbursement convenient and easy for you. We offer apartments at the most-desired places in Kerala such as Kochi, Thrissur and Trivandrum with excellent amenities to give you the best lifestyle like no one else. Now the good news for buyers is that you have to pay only 10% for the booking of your apartment. In addition, we provide some special offers on spot booking in some zones. So book your dream apartment now by paying only 10% with instant loan approval and take a step closer to living in your dream home! Come, experience the magnificence of Varma Homes apartments that match your requirements and balances your lifestyle!
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