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Key reasons why flats in Ernakulam are the best buy
Ernakulam, located in the state of Kerala, India, is a city known for its rich culture and history, as well as its booming economy. In recent years, Ernakulam has become a popular destination for property buyers looking for a flat or apartment to call their own. In this article, we will explore the key reasons why flats in Ernakulam are the best buy for potential homeowners.
Location:
Ernakulam is the commercial capital of Kerala and is well-connected to major cities such as Kochi and Trivandrum. This makes it an attractive option for people looking to buy property in the region. The city is also home to a number of colleges, universities and research institutes, which makes it a popular destination for students and academics.
Economic growth:
Ernakulam has a thriving economy, with a large number of industries and businesses located in the city. This has led to an increase in job opportunities and population growth, which in turn has led to a rise in property prices. The city's proximity to the Port of Cochin, one of the busiest ports in India, also makes it an attractive destination for businesses looking to expand.
Amenities and infrastructure:
Ernakulam has a good infrastructure and amenities, including schools, hospitals, shopping centers, and public transportation. This makes it a convenient and comfortable place to live. Additionally, the city has a number of parks, playgrounds and other recreational facilities, which provide a great environment for families and children.
Tourism potential:
Ernakulam is a popular tourist destination, known for its beautiful beaches, temples, and other historical sites. The city is also home to a number of museums and art galleries, which make it a great place for culture enthusiasts. This tourism potential also helps to make Ernakulam a great place to invest in property, as rental income from tourism can provide a steady stream of passive income.
Affordable prices:
Ernakulam is one of the most affordable cities in Kerala to buy a flat, even though the prices are increasing in recent years. Offering a wide range of options, from budget-friendly apartments to luxury flats in Ernakulam, which makes it an ideal destination for people looking to buy property on a budget.
Well-connected and accessible:
Kochi and Ernakulam are more linked and accessible than any other cities in the entire state of Kerala. Ernakulam is easily accessible from everywhere in the world by road, train, air, or water because nearly all kinds of connectivity are already operating at their best levels.
Medical Infrastructure:
Ernakulam, the state's most contemporary metropolis, also offers the best medical facilities and the best medical infrastructure. Some multispecialty hospitals have such high standards for care and service that patients from across the state and even the nation travel there for medical care and wellness activities.
Another accomplishment of the city's medical community and infrastructure is the way in which it was able to successfully stop the spread of the current pandemic.
In conclusion, Ernakulam is a great place to buy a flat or apartment. It offers a great location, a thriving economy, good infrastructure and amenities, tourism potential, and affordable prices. All of these factors make Ernakulam an attractive destination for property buyers looking for a flat or apartment to call their own. With a wide range of options available, there is something for everyone 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, Tripunithura, Thrissur, and Thiruvananthapuram.
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This Onam, Own a Luxury Apartment in Thrippunithura
Onam is one of the biggest festivals of Kerala with 10 days of celebrations and fun. Onam is the season which shows Kerala at its cultural best where we get to see rich harvest, happiness, prosperity, family gathering with sadya, onam pattukal, traditional thiruvthira dances and so many outdoor activities. Double your happiness this Onam season by owning a luxury apartment in your dream city and start a new beginning in life. Buy a new flat in Thrippunithura to experience the family get togetherness and feel rejuvenated to smell the goodness of life. Many builders launch their new residential projects in Kochi with many offers that you can’t deny to for the first few bees. One benefit that you can look ahead to while buying an under construction flat is the discount offered during the launching time. In most cases, builders offer per square foot rate of a house at the stage of launch of the residential project with a lucrative concession lower than that what you have to pay when you buy the flat / apartment which is ready for possession. When buying a flat under construction, total cost may go down compared with a ready to move in. While buying an under construction flat, the only thing you have to take in account is choosing a trusted builder. Go for the reputed builders to minimize the risk. And the Varma Builders ensure the timely completion of residential projects. For this Onam buy a luxury apartment in Trippunithura from the renowned builders in Kochi to acquire a traditional feeling in the land of royalty which has a huge corpus of custom, culture, art, economics and space for fulfilled and spiritual activities especially during the festival time. Spirituality at the door step Owning a dwelling at a place that emanate divine legacy especially in a city like Thrippunithura is indeed a long cherished dream any devotee has. Located just a 300 metres from the famous Sree Poornathrayeesa Temple, Varma Kottaram offers a spiritual harmony as well. Livings near the temple also add cultural value. Experience the real regal life knowing the traditional culture by owning a luxury apartment at Varma Kottaram. Comfort & Connectivity Varma Kottaram is a G+4 luxury apartment project exactly located at Thrippunithura between Kalikkotta Palace and Sree Poornathrayeesa Temple. Varma Kottaram is 24 units with 2 & 3BHK apartments in 25.6 cents. Kottaram has all the modern amenities like Fitness Center in First Floor, solar energy utilisation in selected areas, fully automatic lifts, intercom facility, Fire Fighting System, children’s play area, roof top party area, terrace garden, recreation space, fitness centre, care taker room, Provision for 24 hrs. Power & Water Supply Facility, Sewage Treatment Plant, Water Filter, Surveillance Camera, Rubber Fender for Corners in the Car Parking Area and many more. Best Builders whom you can trust Varma Homes assures the timely completion & delivery of flawless and qualitative projects to the valuable customers. Come and book flat at Varma Kottaram during this Onam and enjoy a lifetime long merriment.
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Benefits Of Buying Under-Construction Property Apartments In Kerala
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.
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Top 5 Reasons Why Flats In Kochi Are The Best Option For Re-sale
Kochi, also known as the Queen of the Arabian Sea, is a fast-developing city in Kerala, India. With a vibrant mix of culture, heritage, and modernity, Kochi is one of the most sought-after destinations for real estate investment in Kerala. In this blog, we will discuss the top 5 reasons why flats in Kochi are the best option for resale.High appreciation value: The real estate market in Kochi is booming, with property prices increasing year on year. Buying a flat in Kochi can yield high returns on investment in the future. Kochi's strategic location and well-developed infrastructure make it an ideal place for families and professionals to live, which further increases the demand for flats.Developed infrastructure: Kochi has well-developed infrastructure, including excellent road networks, public transportation like road, railways, airports, dockyards, flyovers, Bypass and Metros, and healthcare facilities. This makes it an ideal place for families and professionals to live, which further increases the demand for flats. Similarly, Trivandrum, the capital city of Kerala, is also a popular tourist destination with its recent success of "Technopark Phase III Expansion," which resulted in a major boost in the city's IT sector and demand for apartments In Trivandrum. Kochi boasts a well-developed infrastructure with extensive road networks and efficient public transportation making it an attractive destination for residents and investors alike.High-quality construction: The construction quality of flats is high, with most builders in Kerala using high-quality materials and modern construction techniques. This ensures the durability and longevity of the property, reducing the maintenance costs over time.Rental income potential:Kochi has a high demand for rental properties, making it an ideal place to invest in a flat. Investors can expect a stable rental income from their investment, which can increase the resale value of the property in the future.Tourist destination: Kochi is a popular tourist destination, with many visitors coming to explore the city's culture, heritage, and natural beauty. Similarly, Thrissur, known for its vibrant cultural festivals and historical landmarks, is also an attractive tourist destination with a growing demand for ready to occupy flats in Thrissur. The demand for short-term rentals is high, which further increases the rental income potential for investors. This also makes the flats in Kochi an attractive option for resale, as the demand for vacation rentals is expected to rise in the future.ConclusionIn conclusion, flats in Kochi are the best option for resale due to their high appreciation value, developed infrastructure, high-quality construction, rental income potential, and tourist destination status. These factors make Kochi an ideal place for real estate investment, with high potential for returns on investment. However, investors should also consider factors such as legal due diligence, location, and market fluctuations before making the investment. By following these guidelines, investors can ensure that they make a wise and profitable investment in real estate in Kochi.
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What's the Wiser Choice: Apartment or Land?
With the government's new initiatives in the real estate sector, buyers have a plethora of apartment choices. However, owning a piece of land still has an unrivalled prestige value. So, when it comes time to relocate or invest for a more secure financial future, many of us are caught between two options. Here we compiled this helpful list that will help you choose wisely!Investment FactorOne of the primary disparities between a plot & an apartment is that you'll have to live in your very own house right from the moment you acquire an apartment & you'll save a lot of money on your rent. Whereas a plot allows you to create your own customized home, until then you won't be allowed to live there & you'll have to pay rent even if you invest in the plot. Also, when you buy an apartment, you can use it as an investment vehicle as you rent it to someone, but in the case of a plot, it won't be possible. So, compared to plots, an apartment is a smarter investment choice.The Hassle AspectAn apartment is actually a comprehensive package for standard living; you can select one that would be ready to move into where it contains all the things that an apartment life demands. Hence, you won't be worried about any further headaches or strain. A plot that you wish to build on is just land & you have to build it from scratch & you'll now have to deal with the troubles & groundwork of building the structure, obtaining legal permission, & ultimately upgrading it with lifestyle elements to keep it livable.Financial AssistanceFinding financial help for the purchase of a plot is more difficult than for the purchase of an apartment, since financial companies are hesitant to lend money for the purchase of a plot. So, as a result, there are limited alternatives for purchasing landed property, as banks often do not provide financing for the purchase of a land/plot, but it is effortless to get a bank mortgage for the purchase of an apartment.Compliance AspectIn general, the plot is considerably more likely to get entangled in legal complications & litigation. So, when you purchase a plot, conduct thorough research on any conflicts, & ensure to keep an eye on it till you build your home on it. As in India, several issues are raised regularly relating to illegal land capture. Although these concerns are much reduced when purchasing an apartment when the buyer is protected by RERA & he or she has the right to go for a petition for compensating & remedial action, if the builder didn’t guarantee their promises. Accordingly, as a precautionary step, today's builders will exceed expectations to guarantee that all legal & financial requirements are met.Return on InvestmentA plot can be acquired for the intent of constructing a new structure to get profit, or it could be utilized for other reasons. If you plan to acquire an apartment, only do so upon assessing the growth prospects of a specific neighbourhood. Your apartment's ROI will be higher depending on where it is located. Because of the increased movement of workers from other cities, an apartment in a desirable location will always have greater rental yields, providing you with a monthly second income & assisting you in being financially secure.Tax TreatmentThe tax treatment of plots & apartments differs. As in the case of an apartment, first-time homeowners are eligible for specific tax breaks. The tax deduction for interest on plots is allowed only in the year where construction is finished. Interest accumulated during project construction can be reclaimed as a deduction across 5 years in equal payments beginning with the year the work is finished, resulting in a delay in tax advantages. Holding a plot as an investment is not tax-deductible, but you can request a deduction for the interest given. Conversely, if the plot remains barren, it might not be eligible for a tax break.Value AppreciationThe plot has comparatively better value appreciation than an apartment. This is mostly due to the scarcity of plots on the market. The value of a property is determined by its location & proximity to major infrastructure developments. However, the land market is a cobweb, so when you buy, you must be vigilant. So the safest choice for individual investors is to buy apartments; keep it simple & get your 20 or 25% appreciation because the land is all about where you want to be on the risk-reward spectrum. Also, make sure to select an apartment from a reliable builder with a good location & surrounding infrastructure to increase the value of it.Scope of ResaleApartments are easier to sell as there is always a huge demand. Furthermore, apartments provide a variety of facilities as well as security features. The attraction of plots is that the owner owns the land & can create a new house to optimize returns. But when you plan to sell it, it may not be fundamentally enticing to a possible buyer market. He/she may then either invest more in repairing it or entirely demolish it to create a new one. This might have a reasonable impact on the price of the house. However, in the case of apartments, such an issue does not exist as they’re available with a fixed structure (part of the structure) &, thus, more convenient to sell at the value without extensive negotiations.After considering your wants, financial status, & commitments, take the best alternative. Having a plot implies that you should be careful with some choices. However, the benefits for apartments may be far greater than for plots. Because everything is already in place, you may begin earning profits on the first day. It is critical to seek apartment properties in affluent locations and, of course, from a reliable builder, so that you'd have a good chance of making a regular return. If you are looking for your dream apartment in the heart of Kochi, Thrissur, Thiruvananthapuram or even in Kozhikode, then do visit Varma Homes, one of the top ranking and most trusted builders in Kerala. We strive to enhance top-notch quality construction materials to create apartments that will stand the test of time. With us, you shall not be disappointed! You will get the guarantee of quality residential options that provide not just great living spaces but also a lot of happiness.
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Why multi-generational homes are the new future
The popularity of multi-generational houses and apartments started to grow during the COVID outbreak. This has influenced certain lifestyles and also triggered new trends. Generations see the benefits of co-living apartments that appeal to a multi-generational society, from seniors to middle-aged couples, from new parents to young people. The pandemic has taught everyone to stick together, support and encourage each other during an emotional crisis. Let's see why multigenerational living has become the most advantageous and interesting thing right now:1. An Affordable Option: When various generations live together, they can afford considerably more comfortable and luxurious residences than they could if they lived separately. This financial flexibility can simplify home maintenance and other utilities as well as household expenses. It also makes it easier for people to save more money for essential things like retirement, vacations, and educational funds.2. Safe & Secure Environment: With more people, there is usually someone at home to watch the house and make sure it is not empty. And, with adult children and grandchildren nearby, elderly parents or grandparents can seek help much faster than if they lived alone if they fall or have a medical problem.3. Emotional Backup: Living together can develop a priceless connection among children, parents, and grandparents. This is certainly relevant when they have a residence that is well-suited to individual requirements, personalities, and interests. Giving moral support and being present during critical circumstances are irreplaceable moments that only multi-generational living can offer.4. Improved Work Efficiency: With the older generation, youth management can be as easy as a cake. Parents may use some help, whether it's with mentorship or schoolwork. Chores, cooking, shopping, and other requirements can be divided and completed much more quickly. Younger people can tolerate strenuous physical labour, while older adults can handle less physically demanding tasks.5. Instil Feelings of Partnership: Your children will learn that all members of your family contribute and help each other. They become aware of and are influenced by the perspectives and love of the older and younger generations who live with them. This allows them to appreciate the wisdom that comes from strong family ties and expand their horizons in constructive ways.6. Easy on the Guardian: It would be stressful for the family guardian to care for the sick parent or grandfather if they weren't living with them and staying away. It's hard to constantly go back and forth to their parents' homes to care for them and back again as they juggle their home and family. It therefore becomes even more important to develop a multi-generational home.7. No More Sense of Loneliness: Isolation is a huge issue in our culture today for all generations. On the other hand, older people feel needed, involved, loved and valued when their extended families live together. The children receive much more help, guidance, and time with their families. Everyone will feel less alone. This may be a win-win situation for everyone if healthy family relations are in place. 8. Happier Work Settings at Home: With the latest remote working opportunities from companies, people are able to enjoy more flexibility and work from the relaxed and joyful atmosphere of their apartment. This structure led to fewer burdens and stress-free lives, which also steered them to greater productivity in their work.Varma Homes - Creating Multi-generational Constructs Since its inception, Varma Homes has established itself as one of the most renowned builders in Kerala. Our expert team has skillfully crafted apartments that can inhabit the desires and preferences of every generation. Own a safe and smart apartment where generational gaps are never an issue since we cater to the diverse mindsets of multiple generations and professionals. Going with the flow and following current trends has always been our motto, which is the recipe for our success and the reason why our stakeholders trust us. We present a modern lifestyle of luxury, convenience, and comfort, with the most advanced facilities and eco-friendly features. We started with residential developments in Kochi and then expanded to Trivandrum and Thrissur. Our major launches will be in Calicut and other major cities in the near future. You have a number of apartment options to choose from depending on your requirements and budget. Choose the one that best suits your multi-generational family! For more information, contact us on 96458 83333.
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