Buying an apartment or home is everyone dream. Maybe owning a home is your years of planning and saving, so it is not fair to take a final decision in a hurry. There are certain things to keep in mind before purchasing an apartment. For purchasing an apartment some might take a loan from bank, followed by periodic instalments rolling out of your revenue, you need to be more alert. Though there are certain crucial factors to be considered while buying a new apartment, they are location, price, etc. Let’s check out the essential documents necessary for this and you are required to keep all possible points in mind before you take the leap and make a selection of your dream apartment.
The fixing of the budget is the first step for selecting an apartment, If you correctly know how much you can spend to buy an apartment, it will be easier to shortlist the house according to your budget. So when you plan to buy an apartment you need to compare the property prices of various builders and get an idea about it whether they are offering genuine prices or not. You can undoubtedly approach Varma Homes since we offer genuine prices for our apartments.
The land where your apartment is constructed is also crucial while considering your purchasing decision. You need to research about the topography and soil quality of the land and also check whether the land is cleared of all the dues and properly registered or not.
Location is also important while purchasing an apartment. The apartment must be in a secured and safe place since we are expecting to live in a peaceful area that should be free from all troubles. The amenities and the physical infrastructure of the selected apartment need to be checked.
All apartments of Varma Homes are ideally located in major cities like Trivandrum, Thrissur and Kochi, So you do not worry about the safety or other related factors when you choose Varma Homes apartments.
When you are planning to take a loan from banks for buying an apartment, then this is the best time since various banks offer different customized options with low-interest rate home loans for customers. They provide customized solutions for their customers who have approached them for granting home loans for fulfilling their dream of buying an apartment.
In short, purchasing an apartment is an important decision you would take in your life, so you have the obligation towards your family and yourself to look into all the above considerations before buying your dream apartment. Varma Homes is the leading and trusted builder in Kerala offering new luxury apartments, budget-friendly flats and residential projects in Kochi, Trivandrum and Thrissur, which are designed to build happiness. We believe in bringing happiness to you with our exceptional services and offer you with an innovative range of apartments and flats that tie up with your requirements, If you are looking forward to buying apartments or flats in Kochi, Trivandrum and Thrissur, look no further, Catch Varma Homes, the pioneer builder in Kochi, give us a call, We are waiting to hear from you!!!!
Here are some things to think about before deciding on the property you want to purchase if you're intending to buy a house in Thrissur. This will assist you in purchasing a home that will improve your quality of life and yield a profit when you decide to sell it.LocationThe most crucial thing to take into account is location. Your ideal home should be situated in a decent neighbourhood that is secure, clean, and well-equipped with amenities, and that has had significant expansion in recent years. It should have easy access to parks, public transportation, health facilities, educational institutions, governmental agencies, shopping centres, and other areas of the city.Value of appreciationThe property you select must be situated in a neighbourhood that has recently experienced expansion. With the passage of time, property value should have increased significantly. The best place to invest is here because it offers a wealth of services and will yield decent profits. If you decide to rent out the home you purchase, you may also anticipate receiving a good rent in such a location.A well-planned living areaExcellent space design is a key component. A well-designed home will ensure optimum ventilation and, as a result, a healthy life for its occupants. You must ensure that your home complies with Vaastu if you practise it. Your stay in your dream home will be enjoyable and stress-free if it is roomy and well-designed.Infrastructure and AmenitiesEnsure that a gated villa or apartment you are considering purchasing offers the essential utilities. There must include a gym, pool, kids' play area, security, and CCTV cameras. Having these things nearby is a bonus considering the hectic lives that the majority of us lead today.Percentage of common areasA skilled builder would plan their building so that the space set aside for hallways, tunnels, etc. is effective and not wasted. This implies that you get the most out of your home and hence, value for your money. Study the area options the builder has to offer and decide which is best for you.Upkeep and other feesThere are frequently hidden fees that have astronomical prices. The maintenance and other costs for luxury residences might occasionally, even frequently, be very exorbitant. Before you decide on a property, make sure to carefully review everything.The NamePick a name that is well-known in the real estate sector. This demonstrates the builder's excellent reputation and wealth of business experience, making them a popular option for Thrissur home builders.One of the greatest builders in Thrissur is Varma Homes. Years of expertise in the industry taught us that real happiness can only be found when the homes built are of quality and most importantly, eventually, become an investment worth a lifetime. For timely and efficient all-time delivery, we strictly follow efficient methods of planning in advance, training labourers, and staff members and adhere to safety procedures.
Read MoreTrivandrum, also known as Thiruvananthapuram, is the capital city of Kerala, a southern state in India. Known for its rich cultural heritage and scenic beauty, Trivandrum has become a popular destination for tourists and investors alike. Property investment in Trivandrum has been on the rise in recent years, and there are several reasons why.High Rental YieldTrivandrum has a high rental yield, making it an attractive destination for property investors. The rental yield in Trivandrum is around 5-7%, which is higher than many other cities in India. This means that property investors can expect a good return on their investment in Trivandrum.Growing IT IndustryThe IT industry is one of the fastest-growing sectors in Trivandrum. The city has several IT parks, including the Technopark, which is the largest IT park in the country. The growth of the IT industry has led to an increase in demand for residential and commercial properties in Trivandrum.Infrastructure DevelopmentTrivandrum has seen significant infrastructure development in recent years. The city has an international airport, a well-connected road network, and a proposed metro rail system. These developments have improved connectivity and accessibility, making Trivandrum an attractive destination for property investors.Tourist DestinationTrivandrum is a popular tourist destination, with several beaches, historic monuments, and cultural sites. The city attracts a large number of tourists every year, which has led to an increase in demand for holiday homes and rental properties. Property investors can expect good returns on their investment by catering to the tourist market.Education HubTrivandrum is home to several prestigious educational institutions, including the Indian Institute of Technology (IIT) and the Indian Institute of Space Science and Technology (IIST). The presence of these institutions has led to an increase in demand for student accommodation and rental properties.LifestyleFast increase in the number of shopping malls & centres, multiplexes, international food chains and other commercial hubs, has led to more activity in the city, lending it a multicultural cosmopolitan lifestyle.Affordable Property PricesCompared to other major cities in India, Trivandrum has relatively affordable property prices. This makes it an attractive destination for property investors who are looking for good returns on their investment without having to spend a lot of money upfront.In conclusion, Trivandrum is a city that offers a great investment opportunity for property investors. With its high rental yield, growing IT industry, infrastructure development, tourist destinations, educational institutions, safe and secure environment, and affordable property prices, Trivandrum has everything that property investors are looking for in a destination.Varma Homes offers a team of specialists that are well-versed in the real estate business, including current trends, price, and regulatory requirements. You may obtain helpful information and advice on several elements of the real estate process by consulting with us, such as discovering suitable houses, negotiating transactions, and managing legal requirements.
Read MoreEverywhere you gaze, you can see a new residential project offering the top amenities for your needs. In this competitive realty market, there avail number of choices, so how does one select the right choice for them. Selecting the right builder plays a major role while purchasing your dream home. Trusting someone to handle our biggest dream is not a simple task, but here are some tips, which will guide you to settle on the proper builder to construct your dream nest. Know Your Builder Before you buy your dream apartment, research your builder. There are various builders of repute in Kerala and most of the information and details on their past projects is public knowledge. However, the ideal way to comprehend the builder well is to talk with their existing customers about their project delivery schedules, how they deal with them daily, their work quality and so on. Check Well the Authenticity Any residential project in Kerala requires RERA certification. Therefore, a builder has to add all the information about the project online. Here one can get the details about the builder as well. Besides, you have another valuable resource like the Ministry of Corporate Affairs official website to access the list of registered builders along with information about them. In this manner, one can understand how authentic their builder is. Previous Work Any time when you start something new, people will always check your earlier work. The same is in the case of builders. So before finalizing a deal do visit a few completed projects of your selected builder. See whether you are comfortable with the way it is designed, the facilities provided, the quality of construction and its aesthetics. The project you have chosen may be quite different from the previous ones, but then again it will give you a basic hint of how the builder maintains the project. Observing at various completed projects will also give you an idea of the range of work the builder can do. Bank Approval If a bank has approved a residential project it is safe to assume that the builder has proven to be financially, technically and legally sound. To approve a residential project bank have to conduct a stringent investigation about the project and study all aspects of the project. Since owning your dream home is your key investment of a lifetime, and you would not want to take chances. So before buying your apartment check whether the particular project has got all the bank approvals. Reputation & Recommendations Incredible builders have equally incredible reputations. Good word of mouth makes or breaks any custom home manufacturing professional, so search for custom homebuilders whose reputations precede them positively. Finding the right homebuilder will confirm that your path to that dream home is as smooth and efficient as possible. If you are looking for an excellent custom homebuilder, connect with Varma Homes, one of the top real estate builders in Kerala for a consultation. We have our ongoing residential projects in major parts of Kerala like Trivandrum, Kochi & Thrissur. You can completely trust with us, as we are following all the criteria’s that require for the construction of an apartment. After all, we know that buying a home may the biggest purchasing of your lifetime. So, without any doubt, you can trust us. Be ready to invest your interest with us and get a lifelong investment!
Read MoreProperty valueThe property values in Kochi have steadily increased throughout the years. Purchasing a flat in Kochi may bring excellent returns on investment as property values rise over time. Kochi is strategically positioned in southern India and is well-connected to the country's other main cities. This makes it an attractive place for businesses to establish themselves and for people searching for a well-connected house. It features a first-rate infrastructure in terms of transportation, healthcare, education, and other necessities. This makes the city an appealing location to live and work, which boosts property values.Rental incomeKochi is a significant commercial hub that draws a large number of individuals who come to the city for jobs or education. Investing in an apartment in Kochi may produce a consistent rental income, making it a good investment choice. In addition to providing a steady stream of income, the property's returns or rental income will be inflation-adjusted. The rental yield for flats in Kochi is around 4-6%, which is relatively high compared to other cities in India.Lifestyle BenefitsKochi is a lovely city with a rich cultural background, and buying an apartment there gives you access to a variety of lifestyle amenities including parks, retail centers, and recreational facilities. The city also includes a number of parks and green areas that provide a welcome respite from the rush and bustle of metropolitan life. It has a reduced cost of living than other major Indian cities. This makes it an excellent choice for people seeking a pleasant living without breaking their wallets. It offers multiple well-equipped hospitals and healthcare facilities, making it a perfect location for individuals who desire convenient access to quality healthcare. It also has an extensive network of buses and trains, making it simple to get around the city and visit the surrounding areas.Tax benefitsThe local government imposes a property tax on properties in Kochi. Property taxes in Kochi are cheaper than in other major Indian cities. Property owners in Kochi can also get tax breaks on the interest they pay on their house loans. Subject to certain criteria, residents can claim tax breaks on capital gains on the sale of their homes. Kochi has a Special Economic Zone, which provides many tax breaks to enterprises that operate within it. These advantages include tariff and tax exemptions on items imported or exported from the zone.Rich CultureKochi has a plethora of cultural attractions for visitors to explore. This dynamic city has plenty for everyone to explore and admire, from traditional dance and art to historic buildings and delectable cuisine. It is well-known for its exquisite food, which includes a broad range of vegetarian and non-vegetarian meals. Appam, puttu, and fish curry are among the must-try delicacies in Kochi. Here, you get a glimpse of Muziris Biennale, which is the best festival to attend because of its upbeat atmosphere created by artists, musicians, dancers, and cuisine. You would not be startled to hear Hindi or any other language in this city because many people speak Hindi and other languages. Metro exposureThe introduction of the Kochi Metro has transformed the face of Kochi, making it easier to go to most destinations inside the city without getting stuck in a frustrating traffic jam. Kochi's public infrastructure has been updated, and the Kochi Metro has improved the city's brand image. As a result, there has been an increase in demand for homes near metro stations, which has bolstered the real estate industry.Kochi is seeing an increase in demand for luxury apartments, with numerous developers developing high-end developments in the city. This gives an opportunity for individuals wishing to invest in high-end properties with substantial profits. Purchasing flats in Kochi may be a smart investment for people seeking a consistent rental income, capital gain, and a developing market for luxury apartments.
Read MoreCREDAI, 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 KeralaEnhancing 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.ConclusionCREDAI 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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