Long-term benefits of buying a flat in Kochi

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Property value

The 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 income

Kochi 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 Benefits

Kochi 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 benefits

The 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 Culture

Kochi 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 exposure

The 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.

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Sep 13, 2021

Tips for buying an apartment to get a better long-term ROI

The most important factor to consider when investing in real estate is the return on investment. A property isn't a good investment if it doesn't guarantee a good return. Purchasing a property provides numerous benefits, including emotional fulfilment, assurance of future residence, and long-term financial benefits. In fact, it�s a symbol of financial stability for the majority of Keralites. With improved infrastructure and a higher standard of living, the state has seen a significant increase in real estate construction over the last decade. However, purchasing a home is a significant financial investment that necessitates careful planning and consideration of other factors. The location, construction costs, real estate value of the home, and space all play a role in determining a house's value. In the long run, a spacious apartment with good amenities will be a good investment. As a result, picking the right apartment to invest in is critical. In this blog, we'll look at the viability and return on investment of various aspects of residential real estate to help you make an informed decision. Location & Connectivity Obviously, the location covers more than just owning a house; it also includes the infrastructure in & around the area. If you pick the right location for your home, the value of your investment is sure to gradually rise. A good apartment project must be well-connected to the city and have a good neighborhood with amenities such as schools, hospitals, supermarkets, workplaces, medical facilities, grocery stores, public transportation, and so on. Great connectivity will be the most important factor in property appreciation, especially if the apartment is being rented or sold. So choosing the right location is critical for those who buy an apartment to maximize the return on their investment. Value-Added Facilities & Amenities The Kerala apartment�s modern amenities and facilities aid in getting the best return on investment when it comes time to sell. Today's developers provide a wide range of conveniences for homebuyers to fit their lifestyle, right from facilities and amenities like a clubhouse, swimming pool, CCTV, power back-up, children's play area, etc. These are just a few of the common features that bring value to apartment living. The ROI is determined by how well these amenities are maintained over time. Even so, due to their lower prices, even projects without such amenities can find buyers. However, when shortlisting properties for purchase, make sure that the final choice provides a decent lifestyle rather than just an investment asset. Quality of Homes Due to the abundance of demand in the new corridors of cities experiencing a massive increase, purchasers have a variety of options, as market conditions favour end-users. A home, like a car, is expected to perform a few critical functions, such as shelter, safety, convenience, a luxurious lifestyle, and so on. Buyers must consider these factors, and those that provide these benefits are in higher demand for obvious reasons. Without a doubt, branded builders provide these conveniences and attributes of living as a standard offering due to their market reputation, and such homes are in higher demand with better prospects. When buying a home, keep in mind that a comfortable home with plenty of interior space and luxury amenities in a desirable location will provide better long-term returns on investment. For property investors, homes in good locations, built by reputable developers with a good load of amenities and facilities, will always produce greater investment returns as well as potential rental income. If you are someone who would like a home with excellent amenities, a good neighborhood, connectivity along with excellent ROI, then Varma Homes has everything that you need. Varma homes, one of the top builders in Kerala, has a wide range of apartment designs, sizes, and price brackets to choose from. We offer an array of different amenities and features that will surely meet your needs and exceed your expectations. As well, we can ensure that you get the best apartment for your budget in the most convenient locations in Kerala. Varma Homes can provide you with an excellent living experience and add value to your property portfolio. So, if you are looking for a new apartment in Kochi, Trivandrum or Thrissur, please get in touch right now! We will be happy to help. We are also planning to launch our projects in Calicut soon.

Mar 12, 2019

Enjoy the Benefits of Living in a Super Luxury Apartment at the Heart of Trivandrum City

Making life�s important decision as to where you rest your head all night and how you live your day life can be a daunting chore. When it comes to selecting a place to call home, there are various factors to be considered. These factors may comprise the location, size, amenities, price of the apartment and many other things. Among these, location is the most important factor when it comes to selecting an apartment. As one of the top reputed builders in Kerala, Varma homes is grabbing the attractions of customers with its specialties and location benefits of their apartments. All the apartments of Varma home is located in the realm of the major prime locations of Kerala like Kochi, Trivandrum and Thrissur. If you are searching for the perfect locality that lines hospitals, malls, educational institutions, markets and many other facilities in the heart of Trivandrum city then buying your dream apartment in Poojappura, would be most ideal. You can find Dr. Pai's Heritage at Poojappura, a prime residential locality for house seekers in Trivandrum based on your budget and other preferences. It is a 2 & 3 BHK super luxury apartment with most alluring amenities for a comfortable living. Insights into Locality of Poojappura Poojappura, is recognized as "The heart of Trivandrum�, located on the banks of Killi River. The place is growing quickly to become the prime residential hub in close to future. It is well-known for pronounced historical heritage backed with its magnificence of cultural diversity. It is a place that fills the heart of a traveler with its splendid temples, picturesque beaches, museums, art gallery and what else! There are a number of reasons that make this city a place worth for living. It has amenities and aesthetics no other city has and has an unbelievable equilibrium. �The region has earned a divine significance owing to the existence of major ancient temple like Padmanabhaswamy temple. It is very popular and one of the oldest Vishnu temples in India. This ancient temple is famous for its architectural splendour, artistic murals and granite carvings. The Padmanabhaswamy temple stands out from the rest of them in Poojappura for its sheer architectural beauty. �The place has also close proximity for its neighborhood ancient temples like KillipalamMahadevar Temple and Kanthalloor Sri Mahadevar Temple. For a place with an astonishingly serene and divine atmosphere, where you get the chance to immerse in devotion is a good family option to live in. The zone is closely set amidst various milestones places like PRS hospitals and Chalai Bazar.� Schools, colleges, hospitals, ATMs, markets and shopping centers in proximity makes Poojappura as the premium alternative for all property seekers. Trivandrum Bus Station and Central Railway Station facilitate in the easy accessibility to many key nodes in and around the suburban area. Poojappura has excellent connectivity to major cities also.� The place has very close proximity to Trivandrum International airport via Salem- Kochi-Kanyakumari highway. Though reputed educational institutions draw the imagery of Poojappura on one side, the place is booming with copious possibilities and massive developments on the other. Because of the rapidly developing infrastructure and facilities of Poojappura, most of the people are opting to live here. It is fast developing into a cosmopolitan zone too with the dawn of its IT hub, the Technopark, largest in Asia, where people from all over the world come to work and live. So it is another landmark of this place which makes it the most demanding zone for residing. And laterally with its scenic backwaters, historical monuments, beautiful beaches, the city is well placed on the tourist's bucket list also. The upcoming Sports hub and Lulu Mall are expected to intensify the repute of Poojappura further, making it more wanted for the ones who want to buy an apartment here. With so much to offer, Poojappura is a great place to live in. Dr. Pai�s heritage is standing as the major milestone of Poojappura to pay a world-class living to patrons. So why you waiting, head on to Varma Homes, invest for this super luxury apartment and get guaranteed returns.

Mar 02, 2023

Tips for Buying a Flat in Kochi

Kochi features exceptional healthcare, reasonable living, amazing food, and a higher overall quality of life. Your ideal place to call this your home. Here are a few tips to make your search easy and convenient when planning to buy flats in Kochi.Search your options It's important to have alternatives and hunt for the best real estate developers so you don't squander your time and money. It's imperative to go deep into what you're looking for. Varma Homes has the reputation and expertise to provide your ideal home. Over the years, Varma Homes has a reputation and expertise and maintains great quality and high standards by selecting vendors and partners who are similarly accountable, ensuring that our clients receive only the finest.Think about the long termWe are always cautious when we buy things for the long term, may it be clothes or our dream house. Buying a house or a flat may also include taking out a large loan, followed by monthly payments deducted from your earnings thus, you must exercise extreme caution. Varma Homes provides the security to offer you the long-term solutions you need.Overall budgetWhen you buy something, you always create a budget based on your priorities. It makes it easy for you to narrow down the flats that you are prepared to spend money on. To begin, compare the price of the house in question to others in the surrounding area from various builders to determine whether you have been provided a real estimate. When purchasing a property, think deeply, create a budget, acquire all relevant information, and make thorough considerations. Before you start looking for a flat, it's important to know how much you can afford to spend. Look at your financial situation and determine how much you can comfortably spend on a flat without compromising your lifestyle.Location of the flatOne of the key things in determining the destiny of your future home. The location is important when deciding whether or not the site meets your requirements. Kochi's business centre also gives quick access to all basic amenities, making it one of the most sought-after places. Kochi is a rapidly developing city, and there are many areas to choose from when it comes to buying a flat. Consider the location carefully, based on your needs and preferences. Factors like proximity to your workplace, availability of public transportation, and access to essential services like hospitals, schools, and supermarkets are important to consider.Legal clearanceCheck the property's legal clearance and make sure that all relevant paperwork is in order. You may wish to hire a lawyer to help you verify the laws of the property. The applicable legislation differs greatly from one state to the next, thus it is important to be aware of the local laws for obtaining a certificate. It must be confirmed that the relevant property is not the subject of any lawsuit or investigation.Resale valueBecause of variables such as depreciation, age of the property, the certain ultimate cost of the asset, and so on, the resale property is a more cost-effective choice than buying a ready-to-move-in house. Even though you are thinking for the long term it's good to have a choice in case of an emergency. Storage spaceSimply having storage does not address the problem. Storage that is well-planned adds value to space. Storage is both a design and a practical component of successful interior design. While this does not immediately increase a flat's resale value, it normally increases a flat's desirability among purchasers. Homebuyers often choose apartments with plenty and sensible storage space. Your tastes and preferences may vary over time, causing you to adjust the storage with appropriate to your inclinations.Purchasing an apartment in Kochi may be a substantial investment, so do your research before making a decision. Defining your budget, examining the location, investigating the builder's reputation, checking for legal clearance and resale value, and exploring house finance choices are all important considerations. You can make an informed selection and choose an apartment that suits your requirements and tastes if you follow these recommendations. Varma Homes might just be worth your time and money. Remember to take your time, consider your alternatives, and seek our expert help when necessary.

Jul 25, 2023

Architectural Marvels: Discovering Traditional and Contemporary Homes in Kerala

Kerala is famous for its captivating scenery, abundant cultural legacy, and varied architectural designs. Whether it's traditional houses that reflect the state's exceptional cultural heritage or modern structures that embrace contemporary aesthetics, Kerala showcases a captivating range of architectural wonders. In this blog, we take a closer look at the residential architecture of Kerala, examining the unique characteristics of both traditional and modern homes and the Builders In Kerala, emphasizing their importance in the real estate industry.Traditional Homes in Kerala:Kerala's traditional homes, known as "Nalukettu" and "Tharavadu," embody the state's architectural heritage and reflect the cultural ethos of its people.This heritage can even be seen influencing the design of ready to occupy flats in Thiruvananthapuram. These homes are typically constructed using local materials such as wood, laterite stone, and terracotta tiles. Key features of traditional Kerala homes include:Courtyard Design: Traditional homes are centered around a central courtyard called the "Nadumuttam." This open space serves as a gathering area for family members and provides natural ventilation and light to the surrounding rooms.Sloping Roofs: The distinctive sloping roofs, often covered with clay tiles, are a hallmark of traditional Kerala architecture. These roofs help to withstand heavy monsoon rains and also provide an aesthetically pleasing look.Wooden Architecture: Elaborately carved wooden elements, including columns, beams, and intricate window frames known as "jali," adorn the interiors and exteriors of traditional homes. These intricate woodwork pieces showcase the craftsmanship and artistic skills of Kerala's artisans.Contemporary Homes in Kerala:Alongside the traditional homes, Kerala has witnessed a surge in contemporary architectural designs that blend modern aesthetics with sustainable practices , a trend significantly influenced by builders in Thrissur. Contemporary homes in Kerala embrace innovative design principles, energy-efficient technologies, and a seamless integration with the natural surroundings. Key features of contemporary Kerala homes include:a) Minimalist Design: Contemporary homes often embrace clean lines, open floor plans, and minimalist aesthetics. This design philosophy creates a sense of spaciousness and allows for maximum utilization of natural light.b) Sustainable Materials and Technologies: In response to the growing demand for eco-friendly homes, contemporary designs incorporate sustainable materials like bamboo, recycled wood, and energy-efficient technologies such as solar panels and rainwater harvesting systems. These features contribute to reduced energy consumption and minimize the environmental impact.c) Integration with Nature: Many contemporary homes in Kerala focus on creating a harmonious connection with the natural environment. Floor-to-ceiling windows, open terraces, and landscaped gardens provide breathtaking views and enable residents to immerse themselves in the beauty of Kerala's surroundings.Real Estate Opportunities in KeralaThe rich architectural diversity in Kerala presents a wide range of real estate opportunities for both homeowners and investors. The state offers a variety of residential options, including heritage homes, luxury villas, and modern apartments, catering to different tastes and budgets. Additionally, with the growing interest in sustainable living and eco-friendly homes, there is an increasing demand for properties that incorporate sustainable features.Investing in real estate in Kerala provides not only a unique living experience but also the potential for long-term value appreciation. The state's thriving tourism industry, infrastructure development, and a stable real estate market make it an attractive destination for both domestic and international investors.Kerala's architectural marvels, encompassing both traditional and contemporary designs, are a testament to the state's rich cultural heritage and its embrace of modern innovation. Whether you are captivated by the charm of traditional homes or drawn to the sleek elegance of contemporary flats in Kochi, Kerala offers a diverse range of residential options that cater to different preferences. Exploring these architectural gems is not only an opportunity to appreciate the craftsmanship and artistry but also a chance to immerse oneself in the unique blend of history, culture, and natural beauty that Kerala has to offer. From the intricately carved wooden elements of traditional homes to the sustainable practices and seamless integration with nature in contemporary designs, each architectural style tells a story and creates a living space that is both functional and aesthetically pleasing.Varma Homes, a prominent real estate developer in Kerala, understands the importance of preserving the state's architectural heritage while embracing modern trends. With a commitment to sustainable development, Varma Homes has been at the forefront of creating eco-friendly residential communities that blend seamlessly with the surrounding environment.Through meticulous planning, Varma Homes incorporate sustainable materials, energy-efficient technologies, and innovative design concepts into their projects. From luxury townships to stylish apartments in Kerala, each property is thoughtfully designed to provide a harmonious living experience that combines modern comforts with a deep connection to nature. Whether it's incorporating large windows to maximize natural light and views or creating landscaped gardens that invite residents to unwind and rejuvenate, Varma Homes focuses on enhancing the overall quality of life for its residents.ConclusionKerala's vibrant blend of traditional and contemporary architecture reflects the state's rich cultural tapestry and forward-thinking ethos. The careful preservation of architectural heritage alongside the innovative adoption of sustainable designs illustrates the versatility of Kerala's residential landscape. Whether it's a traditional 'Nalukettu' house or a minimalist contemporary flat in Kochi, each home tells a unique story of cultural heritage, architectural prowess, and sustainable living.

Sep 28, 2018

Ever Increasing Lifestyle Increases the Demand for Premium Apartments in Kochi

The Queen of the Arabian Sea, Kochi is one of the developing metropolitan city in the Gods own country. It is one of the major port city and the commercial capital of Kerala which attracts the huge number of peoples from various nook and corner of India due to its recent development in job sectors. This city holds its own breath-taking scenic views which dive many individuals to settle down in this emerging city. Real estate industry is booming every year and it has stemmed in copious openings for investments around many urban cities like Kochi. This queen of Arabian Sea acts as the gateway of Kerala in the field of residential and commercial properties. This transformed the city as the most preferred location for the real estate builders and professionals who are looking for to settle down by purchasing apartments and villas in the heart of the Kochi. If you are searching for premium apartments with a range of amenities? Now the rapidly changing lifestyle of individuals has led to the vast demand for apartments in Kochi. The demand & craving of investors to capitalise in quality styled apartments inspires builders to present their residential projects with modern and unique styling, along with contemporary skins. Well, Varma Homes, one of the top real estate builders in Kerala are set to offer premium regime apartments in Kochi within the reasonable price. We offer an extensive range of luxury and budget residential quality projects counting with apartments and flats across all over Kerala. �Our current projects extend into major cities of Kochi, Thrissur and Trivandrum.� We implement our projects with the complete perfection and quality to align with the international standards and we assure you that we did not let you any chance of complaints about our construction process.� In Kochi, our major ready to occupy projects like Varma Regent and Varma Maalika - I in the areas of Edapally and Thripunithura are the milestones in our residential projects.� The apartments in these locations are built with high tech amenities along with the promise of serene surrounding and secure environment to our clients. We get a positive response and feedback from our residents in these apartments, they are well satisfied with our amenities. Since our major mission is to construct happiness, we are on the path towards ground-breaking delicate lifestyle with our new apartment projects in Kochi. Our major ongoing projects in Kochi are Varma Padipura and Varma Kottaram which offers top class luxury apartments to the customers that are definitely going to creates history in this field. Moreover, our properties are designed with multiple units like 2 BHK / 3 BHK Apartments which set a treasured investment choice for the buyers. We are now undergoing the construction process of Varma Maalika Phase II and we are damn sure that we will catch the hearts of our customers through its top-class facilities. We assure that you can find the real happiness in our apartments that make your life satisfies and comfort. Our gifted architects are dedicated to creating your insides and outsides spectacular. Our major offers to the customers in the Trivandrum and Kochi are they can own their apartments quickly and there avail PMAY Subsidy which let them save up to 2.67 Lakhs. All these features pull residents from other cities in Kerala like to have a second home in this hurried and fast-growing town of Kochi. Thus, the demand for premium lifestyle apartments has flourished due to the development of ever increasing lifestyle values, fast developing urbanization, increased living condition of people and of course huge advancement in the corporate sectors. So, Varma Homes is the best option to get affordable premium apartments in Kochi. Peaceful Living in the Fully Furnished Varma Homes Apartments. Happiness Begins Here!!! An apartment shall not be just be viewed as a home to live. When you expend money on purchasing an apartment that you love, it is significant to check whether there all essential amenities presented in the apartment. It must comprise all the amenities that are required fundamentally and the amenities that make your life at the apartment more relaxed and comfortable. Today, customers are not gratified with an apartment that simply has noble looking rooms or living spaces. They usually seek their dream apartment that must provide superior apartment amenities for their desires and cosiness. Though living in a big city like Kochi, it is highly important to have the appropriate facilities in the apartment.� Varma Homes is one of the leading builders in Kochi, provides excellent amenities for their apartments. Let�s take a look at the apartment amenities that are provided by Varma Homes to make your living space truly yours. Children's Play Area Rooftop Swimming Pool Solar Energy Utilization Fully Automatic Lifts of 8 & 13 Intercom Facility Fire Fighting System Rooftop Party Area & Terrace garden Fitness/Clubhouse centre Recreation Space Caretaker�s Room Provision for 24 hrs. Power & Water Supply Facility Water Filter, Sewage Treatment Plant Surveillance Camera � At Varma Homes, we focussed on to, not end the relationship between clients by just selling homes, instead, we warmly welcome our customers to our big family, since our beliefs are to provide an endless commitment to customer satisfaction. We are always enthusiastic about providing high-quality homes on time with true love for constructing happiness. We believe in making experiences that should be worth for your money!!!