25 Nov-2022

Things to keep in mind when you are looking for 2BHK and 3BHK Flats in Trivandrum?

Posted onNov 25, 2022
by
Real Estate Investment Strategies in Trivandrum, 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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