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Things to keep in mind when you are looking for 2BHK and 3BHK Flats in Trivandrum?
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 are a tonne of residential developments underway throughout the city, which gives homebuyers 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.
While taking this huge step of your life, there are certain things one should consider while buying a 2BHK and 3BHK Flats in Trivandrum:
Tangible asset:
This is the ideal time to make a real estate investment, thanks to a recovering economy and job security. The majority of individuals learned the value of having tangible belongings and a place to call home throughout the pandemic. They also started to think more about investing in reliable assets and ensuring the safety of their family. The investment returns from purchasing a flat are also certain, as rental incomes are expected to steady.
Loans:
The banks are currently offering the lowest interest rates on house loans ever, making this the ideal time to buy flats 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. A word of advice: make sure to check your CBIL. CIBIL scores between 750 and 800 entitle you to very reasonable EMIs for the duration of your loan.
Location:
The apartments in Trivandrum should be located so that staying there would satisfy all of your needs. It should be close to reputable hospitals, schools, and markets, as well as other amenities like post offices and ATMs. You shouldn't have to worry about anything while visiting if it is safe, tranquil, and has little to no crime.
Infrastructure:
It is crucial to be aware of the infrastructure quality in the area where you are purchasing a home. It is challenging to investigate this before you purchase a property, nevertheless. Therefore, if at all feasible, ask others who have already purchased properties in that area.
Favourable market:
At prices in the inexpensive class, you can readily find high-quality properties. This is due to the buyer's market we are currently in, where good projects may not provide significant discounts but instead include free amenities like parking or better financing options.
Whether it be 2BHK or 3BHK luxury flats in Trivandrum, Varma Homes believe in providing something above and beyond what is expected, something that is more. We therefore have the appropriate selection of apartments for sale in Trivandrum that will meet your budget, whether you are a first-time home buyer or an NRI investment. In order to help you understand the high calibre that the company promises, our team of experts would be happy to show you around some of our upcoming apartment projects in Kochi, Trivandrum, and Thrissur.
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Top Reasons to Invest in a Ready to Occupy Apartment
Picking the right sort of home to live in is one of the greatest and hardest choices you should make. As homes are viewed as long haul investments, you should be sure that you've picked the home that is most appropriate for you and can fulfil your family's needs. When it comes to purchasing an apartment there are usually three kinds of apartment you can select from such as pre-launch, under-construction & ready-to-occupy apartments. Ready-to-occupy apartments are getting profoundly searched after nowadays, because of the various advantages a property holder can profit. Have a look at some of the benefits of investing in ready to occupy apartments. No Waiting Period When you invest in ongoing projects, you may have to wait for a longer period than you expected. This delays usually happen due to various reasons. But when it comes to ready to occupy an apartment is that there is no waiting period. The buyers can directly examine their apartment and there is no need to go through the brochures to get a notion of how the apartment will look at the end. That is, we can enter in our apartment at our needed time without having to deal with frustrating delays in pre-launch type. You Get What You Pay For When a property is under construction, the purchaser needs to make suppositions on how the apartment project will turn out, in light of the floor plans & master plans. It is a little bit difficult to visualize the specific unit bought & the qualities of the amenities. In ready-to-occupy flats, you can experience your home and see the layout from each room. The quality of the project can be fully experienced with our eyes and then the investment can be made. This will guarantee that the investment will not go bad anyway. Also, another advantage is there are no surprises in ready to occupy apartments. Get Rid of Rental There are chances that individuals purchasing apartment might be living in leased homes. The individuals who select the under-construction projects should wait for a longer period. But for individual who opting ready to occupy apartment can move into their new home as quickly as time permits. This will assist them with saving their lease cost. Numerous individuals who are paying high rent or journeying far for their work tend to buy the ready to move flats since they need a quick break from the high rent or travel cost. Purchase Within Your Budget In ready-to-move flats, you can choose a property reliant to your budget preferences. You get ownership instantly after paying the necessary cost for the apartment. There is no way of expanding the cost of the property, in contrast to properties under-construction projects. Free of GST Ready to move flats are not under the limits of Goods and Services Tax (GST). So, you can avoid taxations completely if you opt to purchase a ready-to-occupy property. However, if you have purchased your property with a home loan, you can guarantee tax benefits from the exact year of purchasing the property or getting the ownership. Get to Know Your Neighbours In a ready to move in apartment, you can identify who your neighbours are, what kind of community, what they do, where they work, whether they are approachable and much more. The society you stay will definitely create an impact on your kid’s lifestyle too. Grounded on all the points mentioned above you can choose on whether to stay in this society or not. So, ready to occupy property grants you the odds of selecting the environment that you wish. No Pre- EMI Ready-to-move-in apartments don't need pre-EMIs as you will be paying EMI for something that is totally in your possession. In case, if you are planning to take a home loan then ready to occupy apartment aid you from not losing money on pre-EMI charges. As you would know, EMI comprises of your loan amount and interest components. These were a few of the benefits of purchasing ready to occupy apartments. If you are in the market for a new apartment, then enquire with Varma Homes today. We offer a range of projects at different locations of Kerala like Kochi, Thrissur & Trivandrum and is well-known for designing and developing homes that are reasonable and imbued with a host of cutting-edge amenities. If you are looking for any ready to occupy apartment at Kochi, Varma Homes has 2 projects to offer – Varma Padipura and Varma Maalika Block II. Varma Padipura is nestled behind Kalikotta Palace, Tripunithura, Kochi. Away from the hustle and bustle of the city but gives you sound access to all modern conveniences that today’s world demands. It offers high-end apartment amenities and easy accessibility, which stand for top-notch quality and luxury with the essence of life. Varma Maalika Block II is located at S.N Junction, Tripunithura. This project is just 200 meters away from the Kochi Metro. Both the projects have completed ahead of schedule. Choose your apartment and start living at your dream home in Kochi. Ready-to-Move- in Apartments in Kochi! Hurry Up! Only A Few Units Left…
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A Big Opportunity For Gulf Returnees To Buy An Apartment In Kerala
Opportunities are cropping up for NRI investors amidst these unprecedented times. Like all other industries, the real estate sector was hit hard by the pandemic crisis, and it is now experiencing a significant spike in the niche market. This is mainly because those NRIs who have returned to Kerala as a result of the COVID-19 pandemic and subsequent lockdowns have learnt that investing in real estate is the right option for them. The market has turned more favourable for making investments in real estate, particularly in premium apartments and villas. With that being said, let’s take a look at how this time has become a golden era for apartment buyers.A Market In Favour of Apartment Buyers The situation has come to a point where apartments that were once considered a real luxury have now become a basic need for mankind. However, according to industry experts, now is the best time to buy an apartment in Kerala because buyers will likely get great offers and discounts from developers & property prices are expected to rise substantially in the near future. The residential real estate market has in turn become progressively lucrative for NRIs as transparency & investment norms have been eased. With lower interest rates for housing loans, stricter regulatory measures, and the significant drop in property values, have made the deal even better, creating an appealing investment opportunity. Taking the Big Step to get into This Good Investment WindowIt is everyone's dream to own the home of their dreams. When NRIs return from the Gulf with their hard-earned money, they're more likely to invest in an apartment with facilities in the heart of the city that fits their lifestyle. They are more focused on providing a good education for their children, a good standard of living, and all the other life-demanding comforts that bring the world to their feet. As an investor, their primary goal is to achieve financial stability while also increasing transparency and trust. Real estate is the best investment opportunity because demand for real estate is increasing, resulting in higher rents and, as a result, higher capital values. So, without a doubt, it is the safest investment option and the preferred choice for one's safety, stability, and security. Are you a Gulf returnee looking to invest your hard-earned money in one of the best cities in God's own country, Kerala, to buy your dream apartment? Take advantage of the current real estate market's opportunities; go ahead and put it to good use to achieve your lifelong goal. Make sure you buy your dream apartment from a reliable and reputable builder in Kerala.Find Your Dream Apartment from Kerala's Best Real Estate Builder If you have a strong desire to own your dream apartment and want to buy it from Kerala's most trusted builders, your search ends here! Varma Homes is the ideal partner for you because it is one of the Kerala's most trusted builders. We believe that happiness should be a worthwhile investment. With our perfect quality and integrity, we have earned the reputation of being a builder that customers can approach with confidence. In Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode, we have residential projects with excellent construction quality and all modern amenities, providing you with the best options for your long-term investment. If you want to own an apartment in your desired location, Varma Homes could help you! You will now be able to benefit from some special offers on our projects. It's a limited-time offer, so hurry up to realize your investment dream with us and embark on a new investment venture!
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Investment Advice on Top Localities to Buy a Property in Kochi By 2020
Investment Advice for Buying Properties in Prime Localities in KochiKochi has become a preferred destination for people looking to invest in property. The main reason is that it has now evolved into a technical and commercial hub and bids various opportunities for both job seekers and people in the business. Likewise, the cluster of towns, tourist’s spots, and breath-taking natural beauty make Kochi the most demanding residential area in Kerala. The city has a unique vibrancy and uniqueness from others. Being the Economical capital of Kerala, the city is always growing and now it’s a dream of anyone to own a property in the central location of Kochi. There are many places in and around Kochi where you can stay or settle and let’s consider the top areas where most of the people prefer to buy flats in Cochin. Edappally If you are looking forward to buying a flat in the best cities in Kochi, then Edappally is one of the finest destinations you can choose. It is the most popular locality owing to its excellent connectivity and various social infrastructures. Besides being commercially developed, Edappally is also a great residential location with numerous top-notch apartment and flat projects with amazing architecture and design. It also hosts India’s largest shopping mall, Lulu Mall which is one of the finest attractions of the state and is one of the favorite hangout spots of all Kochiates. Being the doorway to Kochi city, buying a flat in Edappally will keep you extremely close to all the key points of the city. Panampilly Nagar To all who love living in the posh residential area and indulging in its infinite pleasures, Panampilly is a perfect choice. It is one of the high-end hybrid residential-commercial neighborhood in Cochin, offers plenty of benefits that includes a comfortable and lavish lifestyle, excellent connectivity, healthy surroundings and high return. The area provides access to facilities like hospitals, schools, colleges, shopping malls, banks, convenience store everything you will be expecting will be supplied with Panampilly as a location for your flats in Cochin. Tripunithura If you're looking for a peaceful and culture organized place, then Tripunithura is the best choice. It is positioned well given its infrastructure and connectivity which offers exceptional quality of life and stands out in the top-notch facilities available. The area has proximity to schools, shopping malls, bus depot, colleges, residential properties, railway stations, hospitals and many more. You can find Tripunithura as the best place to live in Kochi as it gives you a luxury living away from hectic city life. Kakkanad Well-known as the IT capital of Kerala and is the most preferred spot for potential home buyers in Kochi. It is the best place to live in Kochi, which is away from the busy city lifestyle but close to all the landmarks within a short distance and easily accessible. One can get the city benefits with the comforts of a village. It is the best area to invest in the future. If you are working in Infopark Kakkanad, then it is undoubtedly one of the right options to stay. Many IT employees prefer ready to occupy flats in Kakkanad which makes it easy to access to their workplaces and also very to the City life. Chottanikkara It is yet another hot spot to invest in Kochi which offers all the elements required for a noble lifestyle. The tranquil atmosphere and lush greenery of this place make it the best place to live. It is well balanced in connectivity to industrial areas and the neighbourhood cites and has close proximity to one of the best known Indian temple – the Chottanikkara Bhagavathy Temple, reputed schools, hospitals and entertainment zones. Besides it has excellent connectivity to the seaport - airport road, mini bypass, and more, which makes the living in the land of temples, a truly royal experience. The place is going to be the residential hub of the future Cochin and is an exceptional choice for anyone looking for a flat in Kochi along with the investment interests. So having flats in Chottanikara will ensure that you live in close range of city limits yet keeping a healthy distance from the crowded city. Take your choice from these top locations in Kochi for your dream home. A home must be a safe haven for you and your family and sensible investment of your savings promising high returns. If you are in search for your dream home then explore Varma Homes portfolio of apartments in Kochi. We offer homes at the most-desired locations with world-class amenities to give you a supreme lifestyle like no one else. Whether you want to buy luxury flats in Chottanikara area, just contact us. We have our new launch project Bougain Heights Purple that fits your dream and your pocket. It offers you a complete address that addresses all your requirements and necessities. Enquire now for the best possible deal and unique benefits.
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GST Impact on Real Estate - #VarmaHomes
From July 1 2017, Goods and Services Tax (GST) effectively cuts through a confounding Gordian knot of taxation complexity in the country. In other words, it will replace the multiple taxes levied by the state and central governments and will become incorporated of all the indirect taxes, including commercial tax, value-added tax (VAT), service tax, central excise duty and octroi tax/charges. The switch-over to the GST (Goods and Services Tax) regime is undoubtedly one of the biggest tax reforms in post-independence India. GST has been primarily conceptualised as a ‘One Nation, One Tax’ philosophy and it will help: • Eliminate the previous cascading tax structure • Ease compliances • Create uniform tax rates and structure • Reduce additional tax burdens on consumers The Indian real estate sector has been going through significant transformations in recent times. The latest Real Estate and Regulation Act (RERA) has already started addressing the issue of non-transparency and affixes a level of accountability on real estate builders and brokers which is exceptional in the history of the Indian property sector. For the real estate sector, the implementation of GST will definitely be a positive sentiment booster among property buyers. GST may not be instrumental over the short term in bringing down the prices of residential real estate. As the accountability being fixed at every stage and the perception of the residential real estate sector will improve on the back of a simplified tax structure, it will, however, benefit all the stakeholders of the sector. Benefit to buyers A simple and transparent tax applied on the purchase price is the biggest advantage for property buyers. All under-construction properties will be charged at 12% under the GST regime (excluding stamp duty and registration charges) on property value, adding that it will not apply to ready-to-move-in and completed projects, as there are no indirect taxes applicable in the sale of such properties. In case of under-construction properties, levy of stamp duty and registration charges on the buyer will continue. Benefit to builders Under the current tax regime, a property developer is subject to central excise duty, VAT and entry taxes (levied by state) on construction material cost. On the services used (labour charges, architect fees, approval charges, legal fees, etc.), developers pay service tax of 15%. Real estate developers also grapple with the challenges of multiple-taxation and the cumulative burden eventually gets passed on to the buyer. As the benefit of input tax credit being considered as an added advantage, developers too will find the GST regime much simpler to work with. Varma Homes is one among the best builders in Kochi offering high quality and new luxury apartments. We always create the best living spaces meeting the requirements of clients. If you are looking forward to buy new luxury flats and new apartments in Kochi, then contact us today. Call +91 9645 88 33 33 for more details.
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Buy An Apartment In The Cultural Capital Of Kerala, Thrissur Which Never Disappoint You!
It will be an ideal decision to realize your dream about having a lovely apartment in the peaceful and cultural heritage place of Kerala alongside a profitable investment. For this, Thrissur, the cultural capital of Kerala became the perfect place for leading a desirable & peaceful life along with relishing all the modern conveniences. It also has a quickly developing infrastructure backbone that drives its economy & flourishing realty market. So, with this rich & unique cultural heritage, the land of festivals is also one of the thriving commercial centers in Kerala, drawing people with its budding demands for residential apartments in Thrissur. Here are some advantages that individuals can enjoy when they decide to invest in an apartment here. Accessibility Few out of every city in Kerala can guarantee the supremacy of having most apartments that give easy accessibility to the city's greatest milestones, attractions, & other utilitarian spots. Being an exception, Thrissur is positioned as the best city for easily accessible apartment living. The neighborhood of Thrissur also eases hasty access to business centers, major shopping facilities like city centre & Sobha city mall, medical facilities, schools, colleges, and other popular landmarks. Starting an investment in Thrissur implies that you are quite often ensured a home that is near the closest significant landmarks. Cultural Factor Thrissur stands as the highest foothold among the significant real estate investment spots of Kerala due to its cultural richness. As it is holding the entire world's allure for its well-known Thrissur Pooram, the festival & festivities which upsurge the worth of the place, & owning a home in the cultural capital of God’s own country can pay off as a pride factor. Appreciation of Property Value From a pure investment angle, investing in apartments in Thrissur is undeniably a smart choice for any aspirant landowner. Since the city is a cultural & developing commercial center, the demand and the worth of the property are always on the rise. So, when you purchase an apartment in Thrissur, it is an asset for you, & you will get a deal of property value appreciation. A Peaceful Retirement life Proximity to Cochin International Airport (approximately 50 km), good connectivity to its neighboring spots, & above all its cultural heritage makes Thrissur the desired place for any Malayali who is focusing to get back to their traditional roots in a forever residence that guarantee a peaceful retirement living. Steady Source Of Income Apartments or flats are progressively popular among the individuals who are searching for accommodation on lease. Hence owning an apartment in Thrissur can be a steady source of income as it is considered as the major commercial & business core of South India where a lot of people come into work. Ease in Buying & Selling With an ever-increasing demand for apartments, Thrissur contributes a lot of extensibility regarding purchasing & selling your property. Here you can discover enough buyers & sellers when you place the apartment up for sale. This is due to the resale value the location has. These are some of the reasons why apartments in Thrissur offer a sensible investment. Whether you are looking for a luxury apartment for you & your families, here is your perfect choice of apartments from the house of Varma Homes, the most reliable builders in Kerala. We have already landed our footsteps in Kochi, Tripunithura, Thrivananthapuram, Thrissur, & Kozhikode. When it comes to Thrissur, we have presently two apartment projects. Varma Spectrum, 2 & 3 BHK luxury apartment project located opposite to Bhavan’s Vidya Mandir Poochatti and close to NH bypass. This is an ongoing project and the work is progressing in full swing. You can also visit the model apartment at Varma Spectrum before buying. The other project is Varma Signature which is located near Jubilee Mission Hospital, Ancherychira. This is a new launch project and the bookings are open. For both the above projects you will not have to sacrifice amenities or accessibility but can discover yourself living in a peaceful & calm environment moreover you will get guaranteed happiness. With its unique peculiarities, our apartment projects in Thrissur could be your opportunity to actualize an ideal home in the temple town. For more information on our apartment projects contact us now!
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