If you want to increase your riches, entering into the business of real estate has always been a tried-and-true tactic. It's among the few investments that will thrive during a boom and then be securely maintained during a downturn. When it comes to selecting a great property that will be profitable, there are no special tactics or formulas to follow; it's simply a matter of using common sense. Investing in residential real estate is a popular way to put your money to work. Whether you're planning on buying a house for yourself or planning on doing investment, you must know the golden rules of investing in residential real estate. Here we've compiled a list of the golden rules in real estate to remember before investing, regardless of how big or small your investment is.
When it comes to real estate investing, there is a big difference between perception and reality. While most people that get into the world of residential real estate investment have beneficial experiences, some people that get into the market for the first time will find things the hard way. So, before putting any money down, it's a good idea to do some research on a few properties and the surrounding area. There should always be strong demand impulses to help your investment appreciate in the future. Education institutions, proximity to public transportation, ease of access, a wide range of current amenities, and planned future improvements are just a few examples.
The real estate market is not something to overlook. Before getting into it, make sure you understand everything there is i.e. know about the existing and future market conditions. Understanding your investment goals before buying real estate can help you make an informed decision on whether it’s right for you. When investing in the real estate business, you must understand what is happening in the marketplace so that you can make decisions accordingly.
Real estate has always been a lucrative business, with plenty of opportunities for success. Yet, not all real estate markets are the same. To determine the best market to invest in, you need to consider several factors. The type of property you want to buy also matters when it comes to markets. For example, if you're looking at buying an apartment building or commercial real estate, then location is more important than the rest of the market conditions. Also, another factor is the employment rate. How many people live in your area and what type of jobs do they have? Are they mostly unionized or non-unionized workers? Do you have many people working in manufacturing or retail, or is it more service-oriented? You need to know this information so you can determine if your market will be able to support the kind of investment you plan on. That is, if the apartment you buy is in a high-demand area or is near to an industrial or educational area, then you have the possibility of renting an apartment. Or you can buy homes to resell them at a higher price later on, etc. That is, some locations will keep your property occupied at a premium monthly rental rate while also making high capital gains. While others will produce exceptional rental returns or are better suited for long-term capital gains rather than rental revenue. So, always select a location while keeping the city market and investment concept in mind.
Before confirming a buy, potential buyers who have done their homework will always enquire about the demand factors that set it apart. As a result, always look for your apartment with the demand drivers in mind. New shopping malls, complexes, or towers, for instance, can be a prospective housing market with excellent rental income and capital appreciation. Infrastructure development, such as flyovers, metros, or new roads, as well as commercial hubs, can all be growth drivers. Because housing demand tends to rise in the medium to long term, these places could be a goldmine for you. In the meantime, you can supplement your income by renting a home.
When you invest in a home, you are making a big commitment. This is why it’s important to remember the golden rules for investing in residential real estate. If you follow these rules, it will be easier to find a property that offers high returns and low risk. So, contact the best real estate builder for your investment when it comes time to building your dream home.
If you are looking for the best apartments in Kerala to invest in, Varma Homes is the right choice. Varma Homes offers a range of 2BHK and 3BHK apartments in prime locations across Kerala. We are one of the best residential apartment builders in Kerala and can assist you with all your real estate requirements. So don't wait anymore! Contact us today by visiting our website or giving us a call at +91-9645883333.
Owing Apartments in Kochi is the biggest dream of NRIs and the middle class people. Kochi is basically said to be an investors’ market and these investments of both the NRIs and the middle class people have fuelled up the growth in the city. Kochi has seen a massive growth in its IT sector and Infrastructural development through NRI investments. Kochi is one among the most expensive real estate markets in India. Significantly, the populaces with an annual income of 13 lakhs and above only can consider buying residential projects in Kochi. Furthermore, the average price of the new apartment projects in Cochin and the rental value is noticeably getting high in the commercial capital of Kerala. The city of Kochi is already in the process of progressing from the small town into a metro city. The major places like Tripunithura, Vyttila, Fort Kochi, Kakkanad and Edappally are becoming part of the prime residential locations in Kochi. Many number of new apartments in Kochi are found available for sale and rent in these places. Nowadays, the home buyers who are most interested in investing in flats in Kochi are the salaried classes - the NRIs and the middle class people. And both these classes are specific about the facilities and the amenities offered by the flat builders in Kochi. They are also price conscious and are not willing to spend their hard earned money on investing in the independent homes especially because of the unreasonable hike in the prices of such properties in Kochi. In order to help the home buyers in buying their dream homes, the Government of India is planning to drop the GST rate for property purchases under the Credit Linked Subsidy Scheme (CLSS) from 12% to 8%. As NRIs are not dependent on home loans for buying new luxury flats in Kochi, the middle class people are the most beneficial with the Pradhan Mantri Awas Yojana (PMAY) Scheme in India. Under the scheme, a home loan subsidy interest amount of Rs 2.67 lakhs is provided to the beneficiaries and the amount is credited to their loan account. Thus, the home loan borrower is privileged to lower the EMIs and this lessens the principal amount of loan payable. The younger generations are also into investing in new luxury apartments in Kochi mainly because of the increase in number of IT companies, rapid progress of the transportation sector and improved communication in the metro city. With the advancement of metro rail, youngsters also prefer to buy new flats in Kochi which are even farther from their workplaces.Read More
Now the home buying concept has become so changed than how it was before. Most people are now well aware of the current marketing trends and are keen on every minute thing. So, this makes it challenging for real estate builders. When it comes to purchasing a home, individuals want the best for their family. Gone are the days when the driving factors for buying a home in Kochi were only the location and budget preference of a buyer. Today’s fast-paced world demands a home with modern amenities that make you instantly feel better when you return from a long day hectic work schedule by selecting thoughtfully designed housing projects for all age groups. To simplify things, here we have listed certain mandatory amenities in a smart apartment where the buyer needs to look at. Recreational Facilities: With the hectic work schedules, giving time for oneself isn’t easy nowadays, but it is so necessary to de-stress regularly. This is why many urban dwellers demand recreational facilities within the apartment premises. This could include gymnasiums, tennis courts, swimming pools, yoga hall, sports, spa, play areas for kids and so on. This is the best option to save your precious time when you get all the recreational facilities to rejuvenate yourself under one roof. Power Backup: Today, power cut off is the most common problem in every residential area and hence, it is better to ensure that the housing society is equipped with a proper power backup setup. Along with the apartment, clubhouse, pool and other areas also need a power backup. It prevents further mishaps in the compound and hence is most necessary. Waste Disposal: It is wise to check on waste disposal procedures followed in your apartment complex. If your city exists certain rules for segregation and disposal of waste, then you have to check whether your selected apartment has a system to confirm the same is carried out. Security System: Security provisions are a must in amenities in every apartment unit. An unsecured apartment is a bad choice of investment, so before buying check whether your apartment block contains advanced security features like emergency alarms, exits, round-the-clock security personnel, earthquake-resistant materials, fire hoses, extinguishers, basement flood pumps, CCTV surveillance, automated security devices etc. Thus, it is significant to know that you, your family members, kids and your pets are safe in your apartment, and that your belongings are secure when you are away from home or at work. I.e. When you give importance to security in your space, you and your family can live safely & happily. Parking: Before moving into an apartment, check whether it has a spacious reserved parking lot that offers individual parking garages and a separate guest parking to ease the parking for residents. Usually, apartments with many units provide these, but you have to confirm it. Apart from this, check that there is a separate parking space for disabled people and ambulance. Likewise, make sure there is proper fire engine accessway across the apartment premises to reaching emergencies, if occurs. Provision for Senior Citizens: Like kids, the senior citizens also require additional amenities which really make a difference by creating daily life easier and better for them. Separate walking tracks, wheelchair access with stairs, safe pool area, grip floor etc. can make life beautiful for senior citizens. Balconies: The good structure of balconies increases the alluring factor of your home and used to admire the natural beauty. It has extensive use for activities like washing clothes, drying clothes, growing plants and even a small hangout area during the evenings. When you love to spend some quality time on yourself, the balcony of your home is the best relaxing zone in your apartment. In Short, Apart from these mentioned above, your apartment buying process must include checking on all the essentials too. If you are looking for an apartment in Kochi, Thrissur or Trivandrum with all the high-end apartment amenities, then you can contact Varma Homes, the most trusted builders in Kerala. We provide all kinds of unique perks to offer your apartment life with full mode of happiness & conveniences. With the motto of building trust & delivering happiness among clients, we stand as the best investment choice in happy homes for generations! So, book your favourite apartment with us today!Read More
Everyone has biased opinions of apartment living. In fact, it has diverse perks that differ from the living of an independent house. Well here are some common myths circulating about apartment living in general. Fortunately, these are just those myths! However, the truth is, an apartment is a better option than an independent house in several ways. Take a look at common myths about apartment living that need to be busted. Myth#1: Lacks Social Life Many accept that apartment tenants favor keeping to themselves & that individuals are not friendly. It's really funny when individuals assume occupants in apartments are excessively straight confronted and are probably going to mind their own interests. But in reality, luxury apartments have a wide range of amenities to keep the sporty vibe in the premises going. Right from ultra-luxurious clubhouses to complete health and sportive conveniences, they have everything. So apartments with an extensive amount of amenities promote social living and make everybody a part of a close-knit society. Myth#2: Not Convenient This is one of the greatest wrong misguided judgments about apartment living. Whereas apartments come with different conveniences to guarantee a serene & happy life for occupants. Be it maintenance or security, apartments are prepared to offer the best of metropolitan living. Myth#3: There Is No Privacy Apartments these days are created with much more consideration about the living experience than any time before. They are designed in such a means to guarantee the total privacy of families living inside. They are signified to give a hotel-like feel to the homes with no/minimum common walls within the apartments, soundproof walls, and a lot more customized conveniences to ensure privacy. Myth#4: Too Expensive Individuals will in general consider apartment living as a costly issue when contrasted with autonomous houses. In any case, apartments make a commendable investment guaranteeing quality living will all the essential conveniences. From swimming pools to 24 hours security, apartment living makes life simple. Myth#5: Not Sufficient Space Oftentimes when individuals hear the word 'apartment', they promptly think about a shabby, confined living space with no storage alternatives. Actually, numerous luxury apartments have a ton to offer in storage terms. Search for homes with spacious balconies, open-plan living, higher than normal roof heights & so on, where there is no question of space shortage. There we can find functional design elements such as separate laundry spaces, natural light, ventilation, and much more. Myth#6: Not As Safe As Independent Homes Basically, all apartments are provided with 24 hours security & CCTV surveillance of premises to guarantee the wellbeing and security of the inhabitants. Hence these are really more secure than independent houses which have the least security around the premises. Furthermore, the vehicles too have much greater and optimized space & safety in the car parking area of apartment premises, which is more protected than a car park in the garage of an independent house. In a nutshell, Perhaps the main thing you ought to get from this is that things that may appear obvious aren't factual. In fact, investing in luxury apartments can definitely be a great deal. But when managing your purchase of an apartment you should make an honest effort to research as much you can. Before focusing on the right apartment project to purchase, guarantee that you pick a renowned & reliable real estate builder with a good track record & reputation. As a home purchaser, it is your privilege and duty to check if the builder has enlisted the project with RERA & so on. If you are in search of the best builder, then here is your right choice, Varma Homes a name that stands for perfect top-notch quality home builders. We have a legacy of expertise in this field and refinement that is reflected altogether in our residential projects since the day of inception. With superiority apartment projects, we are probably the best builder in Kerala offering affordable and luxury apartments in prominent places in Kerala such as Kochi, Tripunithura, Thiruvananthapuram, Thrissur and Kozhikode. We ensure that all our apartment projects are constructed to serve the requirements of our buyers & and meet their happiness. Moreover, all Varma Homes projects are well planned & executed to guarantee that apartments are delivered on time, every time! From luxury to super-luxury apartments, we offer the ideal choices for home-purchasers looking for quality apartment living. After all, at the end of the day, we all want a home that matches our lifestyle, so enquire now to get what you dreamt of!!!Read More
Your dream to own a home in Kochi can soon be a reality! Do you feel surprised? Well all our dream spaces that are beautifully created have always made surprises to our global clients giving them much more than they expected. That’s Varma Homes, the best builders in Kochi. Kochi is the fastest growing metro of the country and owning a living space in Kochi is a matter of pride. On the other hand it’s going to be extremely difficult in future as the city is getting populous day by day. An increasing demand for dwelling spaces is slowly picking up in Kochi. Get the best apartments in Kochi, plan this at one of the best residential location. Our projects in Kochi are focused in a way that it goes with the way the city is developing. We always choose the best residential destinations and all the place where we have prestigious projects are best suited for peaceful homes. In this busy Kochi, we are presently having almost five luxury and compact apartments all in well-connected locations like Tripunithura, Edappally. If you have noticed we have the maximum projects in an around Tripunithura, Four beautiful projects are awaiting you in this Royal Town of Kochi. A lot need to be thought before we align continuous projects in the same place and with Varma Homes we do not have such confusions. Every project that we work bring goodwill to us as there is no compromise in quality. We are extremely transparent and we can ideally say that it’s you who decide how your apartments need to be. Well do you feel it funny? All our apartments, except from the basic structure is planned and worked according to specifications of our beloved clients. This done like that because it’s basically you who is living there. Varma Homes, the most trusted builder in Kerala, the builder with a Royal lineage is proud to have these classic luxury apartments in Tripunithura. We present you Varma's Maalika, Kottaram, Padippura and the second phase of Maalika is already in the stage of construction. All these projects are dream projects beautifully curated from the master craftsmen of Varma. Our architects and well experienced staff is all committed to make Varma a true value for your invested money. All our projects come under the PMAY (Pradhan Mantri Awas Yojana) scheme were you get discounts in price and we provide you the benefit of GST as well. So to know more about Varma's dream projects, contact us soon and avail the early bird surprises that awaits you! Apartments in Kochi | Apartments in Thrissur | Apartments in TrivandrumRead More
A new home is one of those dreams which most of us would have, achieving that can be one among many life achievements that you would always like to be proud. It can be one of the greatest investment in everyone's life. If you make your investment at the right place, it becomes one of the biggest assets which will be always a return for your money. Make such wise decisions when you buy your desired apartments from Varma Homes, the best builder in Kerala. Let’s see how Varma Homes is the most demanded builders for building homes all over Kerala. Varma Homes is a construction company which is brought out from a management which has got more than 25 years of experience in construction and allied management. We believe in the ideology that "Customer is King" and strive to bring out everything to make them happy. Our vision is to have a clarity in our thought processes which would eventually pave way to build quality homes delivered on time and aspire for the betterment of the future of the environment, the general public, and our business. This makes our customers happy and that's what we ultimately require. Why Varma Homes? We perfectly understand that construction business is one of the most competitive domains of work. A customer looks out mainly for three things from a construction company. The first one would be whether it suits their budget, does that apartment or home suit their requirements and also if it’s luxurious. This are basic according to the ideology in which Varma Homes work. We would like to always go extra mile for our customer to ensure our vision and mission is met. We also provide the following aspects to our customers. • Transparent documentation • Clear title deed • Excellent customer services • Assured quality • Timely delivery • Periodical updates of project status to customers • Systematic handing over procedure • Excellent post-sale service • Home care service • Maintenance Timely Updates Serving our global customers with updated services make us the most trustworthy apartment builder of Kerala. At the inception of each of new project, we provide our customers with latest updates and news they need to know about our new approaches and also about the latest trend which Varma has incorporated in their new ventures. We send regular updates in our websites and through new generation media to ensure each customer of us is part of the Varma family and updating is essential. We believe it your reference which gives us quality customers whom we convert to business. Do you want to own your dream home? Check out our on- going projects and grab your favourite one! Varma’s Maalika a spell bound feeling project right at SN Junction in Tripunithura is now becoming a signature project of Varma. As we already told, the location where you have a home is the most important aspect. We have taken extreme diligence in finding out such a plot which can be converted to an apartment project. The best feature of Maalika is that it’s just a step away from where the Madurai highway, which connects Kochi to the outside world. Schools and other facilities are just around. Varma’s Kottaram has a special identity as it’s a palace plot which is reconstructed to an apartment. All the goodness of the traditional palace, the location and its serenity, the pure residential atmosphere makes Kottaram an attractive one. It’s very close to the Royal Kalikotta Palace and Sreepoornathrayeesha Temple, a location which has access to the mini bye pass, schools and shopping arcades. Varma’s Padippura which is very close to the much famous Statue Junction of Tripunithura is a very convenient place to have your home. The 2 bhk and 3 bhk apartment project, in a pure temple town is a dream for people who would love to have a clean life. The Sreepornathrayeeesaha Temple, Chinmaya School, shopping centres and other facilities is right there. Varma Homes the best builders with a Royal Lineage your partner for dream construction projects and apartments!Read More