Trivandrum, 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.
Trivandrum 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.
The 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.
Trivandrum 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.
Trivandrum 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.
Trivandrum 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.
Fast 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.
Compared 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.
Residential property investment is a big decision and is not an easy task. The processes are daunting but when we do it in the right manner at the right time; it will become the biggest asset in our lifespan. Now the real estate sector has gone through a vast deal of changes to make the home buying process simpler than ever before. If you are waiting for the right time to invest in the realty market, then wait no longer. Now the niche market is seeming a tremendous rise in demand for reasons like sparse area, rise in population, and immigration of individuals from different states and nations. So here are the top reasons why you need to invest in property at the earliest. Time Lets You to Take Risks People who begin investing in properties late in their life are often inherently more alert and careful with the investment decisions and are not ready to take any risks. Those people who are in the age group of the early 30s are ready to take risks and they often earn good gains too. Honestly, all investments are risky and if you put the risk at the right time helps you earn more profits. Consistent Hike in the Price of Properties There is no doubt that real estate is one of the safest investment you can ever make as it is always guaranteed to rise in value over time. For example, studies prove that Metro cities like Kochi & Trivandrum have recorded a substantial growth rate than in the last few years. This indicates that investing in the right property without any much delay would double the value in a few years. Higher EMIs to Pay As You Get Older Young age works in your favour when you are investing in real estate. In this age, you can save enough and also avail loans without much hassle. Here you get to pay a very less EMI on your home loan the younger you are. That is, when you are young, you get more opportunity to invest than in the older age. So, take plus of that fact. After all, you are young only once. Loan Availability When an individual starts investing in their early 30s, the odds for a financial organization to approve a loan is more because she or he would be having a stable source of income for loan payment along with a decent credit score. No Rental Payments Rather than spending too much of amount in giving the rent for your home, you can invest in a real estate and turn to pay the home loan EMI for it. It will be your future investment and it surely aids you more than paying for the rented homes. Support Your Retirement Plans The early age investment increases the chance for financial stability even at a younger age. So think about the savings for retirement from the age of 25s rather than the age of 50s. Life after the retirement is more challenging and complicated than it has ever been, so make proper plans for your retirement now, which in turn lead to a happier life after retirement. If you are finally planning to invest in a home of your own, then visit Varma Homes, the most leading builders in Kerala. Our top-notch quality of construction and superb prime locations make our apartments the best choice for first-time home buyers. So, what are you waiting for? Owning your dream home may not be easy, but it’s definitely worth it when you realize it at the right time. Ping us to know more about our projects or visit: www.varmahomes.comRead More
In the recent years Kochi has established new nomenclatures in the Real Estate point of view. Step in the cultural downtown of Kochi which offers you a traditional feeling in the land of royalty which has a huge corpus of custom, culture, art, economics and space for fulfilled and spiritual activities. A place that can lift you to the traditional old days filled with cultural activities like Kathakali, Athachamayam and more. To add the glory, Thripunithura is home to loads of cultural societies like Sree Poornathrayeesha Sangeetha Sabha, Thrippunithura Kathakali Club and the International Centre for Koodiyattom which are active with cultural performances and programmes. To know more about the cultural and traditional aspect, own a flat at Varma Padipura the latest luxury apartment launch from the reputed builders in Kochi – Varma Homes. Move to Varma Padipura which defines the real meaning of sumptuousness & dignity. Stay close to all the cultural activities with an address in the most happening locations of Kochi. Designed for the people who want to live in a peaceable environs, life at Varma Padipura will be everything that you have ever dreamt of. A home with every amenities and services right at your door step is what Varma Homes aims to provide. Intended as a residential area in a cultural society and standards, the lifestyle at Padipura are peaceful as well as luxurious with a great source of amenities provided by the builders. Apart from the cultural aspect know other factors which make Varma Padipura, a project of dreams. Connectivity at Varma Padipura Right behind Kalikotta, Thrippunithura, Varma Padipura is in close proximity to hospitals, educational institutions, railway station, proposed metro station, places of worship and shopping destinations making this project a graceful headway to live a life of bliss. It offers the best connectivity and easy access to all central nodes such as railway station, airport and public transportation network. Moreover, Thripunnithura is a popular residential location with excellent social infrastructure to own a dream home. Comfort at Varma Padipura All the flats and apartments of Varma Homes have been designed to bring you comfort in every aspect of your life. Varma Padipura, the 11 floor building consisting of 2 & 3 bhk are large and spacious, well designed and constructing with exactness and focussed on quality. The Varma Padipura delivers the finest living standard and life of comfort & happiness for all its dwellers. First-class Amenities and conveniences at Varma Padipura Varma Padipura is equipped with all the modern amenities including Rooftop swimming pool, Solar Energy Utilisation in Selected Areas, Fully Automatic Lifts of 8 and 13, Passenger capacity, Intercom facility, Fire Fighting System, Children’s play area, Rooftop party area, Terrace garden, Recreation space, Club house/Fitness center, Provision for 24 hours security, Provision for 24 hours power and water supply facility, Water filter, Care taker room, Surveillance camera, Sewage treatment plant all together make it a best buy for the price. Moreover, the cutting edge security facilities and security system offer a secured and safety living experience to its residents. Being the best builders in Kochi, Varma Homes are the first choice for residential projects. With the timely delivery Varma Homes assures to provide premium residential living spaces that blend thoughtful layouts with attractive recreational options to the valuable customers. Varma Padipura’s work will make a start from August 26 and will make all the effort to finish within 24 months.Read More
Trivandrum, the capital city of Kerala, is a fast-growing hub for technology, tourism, and healthcare. The city's strategic location and booming economy make it an ideal place for investment in real estate. Buying an apartment in Trivandrum can be a good investment, provided you make an informed decision. In this blog, we will discuss the advantages and disadvantages of investing in apartments in Trivandrum.Advantages of buying an apartment in Trivandrum:High appreciation value:The real estate market in Trivandrum is growing rapidly, with property prices increasing year on year. Buying an apartment in Trivandrum can yield high returns on investment in the future.Future developments:Trivandrum will soon have its own metro rail system, known as the "Light Metro," which is anticipated to enhance both the standard of life for its residents and the city's development. The upcoming Vizhinjam port is also expected to accelerate the development and prosperity of the city. The real estate industry will expand as a result of all these factors.Flats in Kochi is a big example of this.With its superfast metro and rapid development their value in the real estate market has skyrocketed.Along with this the new 6 lane highway will make traveling to northern parts of Kerala much quick and easyStable rental income:Trivandrum has a high demand for rental properties, making it an ideal place to invest in an apartment. Investors can expect a stable rental income from their investment. Technopark:Technopark, the IT centre in Trivandrum, is growing and is expected to soon surpass all others in size in the nation. Currently, Technopark is home to over 350 Indian and international businesses that hire over 60,000 professionals from all over India. As a result, there will be a higher demand for homes to accommodate the expanding population. Developed infrastructure:Trivandrum has well-developed infrastructure, including excellent road networks, public transportation, and healthcare facilities. This makes it an ideal place for families and professionals to live, which further increases the demand for apartments. As it's the capital of Kerala state all head offices of governments and other agencies are found here and chance of people renting apartments for work related reason is high and this makes is a perfect place to invest (high returns on rentals)High-quality construction:The construction quality of apartments in Trivandrum is high, with most commercial builders in Kerala using high-quality materials and modern construction techniques. This ensures the durability and longevity of the property, reducing the maintenance costs over time.Tax benefits:Investing in an apartment in Trivandrum comes with several tax benefits. Investors can claim tax deductions on the principal and interest paid on the home loan, which can significantly reduce their tax liabilities.Tourism:Nestled on 7 undulating green hills, Trivandrum is blessed with a bounty of natural beauty spots including a number of attractive beaches. Having been the capital of the erstwhile Kingdom of Travancore, the city is also home to numerous beautiful old buildings and tourism spots for both domestic and international tourists.ConclusionBuying an apartment in Trivandrum can be a good investment if done with careful consideration. Factors such as location, construction quality, rental income potential, tax benefits, legal due diligence, and market fluctuations should be taken into account before making the investment. By following these guidelines, investors can ensure that they make a wise and profitable investment in real estate in Trivandrum.Due to the rapid market change, now is the ideal time to invest in or purchase residential properties, flats, and apartments in Trivandrum and also outside Trivandrum such as ready to occupy flats in Thrissur which is another growing tourist sensation with a lot more potential in the market. One of Trivandrum's most reputable and trustworthy builders, Varma Homes, provides high-quality residential buildings with top-notch amenities in excellent locations.Read More
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. Rule 1: Perception Vs Reality in the Housing Market 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. Rule 2: Before Entering a Market, Learn About Its Current & Future ConditionsThe 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. Rule 3: Pick a Healthy Real Estate Market & Carefully Select Location 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. Rule 4: Seek Out Demand Drivers 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.To summarize,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.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