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.
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.
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.
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.
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.
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.
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.
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.
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Kochi, also known as the Queen of the Arabian Sea, is a fast-developing city in Kerala, India. With a vibrant mix of culture, heritage, and modernity, Kochi is one of the most sought-after destinations for real estate investment in Kerala. In this blog, we will discuss the top 5 reasons why flats in Kochi are the best option for resale.High appreciation value: The real estate market in Kochi is booming, with property prices increasing year on year. Buying a flat in Kochi can yield high returns on investment in the future. Kochi's strategic location and well-developed infrastructure make it an ideal place for families and professionals to live, which further increases the demand for flats.Developed infrastructure: Kochi has well-developed infrastructure, including excellent road networks, public transportation like road, railways, airports, dockyards, flyovers, Bypass and Metros, and healthcare facilities. This makes it an ideal place for families and professionals to live, which further increases the demand for flats. Similarly, Trivandrum, the capital city of Kerala, is also a popular tourist destination with its recent success of "Technopark Phase III Expansion," which resulted in a major boost in the city's IT sector and demand for apartments In Trivandrum. Kochi boasts a well-developed infrastructure with extensive road networks and efficient public transportation making it an attractive destination for residents and investors alike.High-quality construction: The construction quality of flats is high, with most 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.Rental income potential:Kochi has a high demand for rental properties, making it an ideal place to invest in a flat. Investors can expect a stable rental income from their investment, which can increase the resale value of the property in the future.Tourist destination: Kochi is a popular tourist destination, with many visitors coming to explore the city's culture, heritage, and natural beauty. Similarly, Thrissur, known for its vibrant cultural festivals and historical landmarks, is also an attractive tourist destination with a growing demand for ready to occupy flats in Thrissur. The demand for short-term rentals is high, which further increases the rental income potential for investors. This also makes the flats in Kochi an attractive option for resale, as the demand for vacation rentals is expected to rise in the future.ConclusionIn conclusion, flats in Kochi are the best option for resale due to their high appreciation value, developed infrastructure, high-quality construction, rental income potential, and tourist destination status. These factors make Kochi an ideal place for real estate investment, with high potential for returns on investment. However, investors should also consider factors such as legal due diligence, location, and market fluctuations before making the investment. By following these guidelines, investors can ensure that they make a wise and profitable investment in real estate in Kochi.Read More
One of the greatest purchases most people make is purchasing a home, and with so many different types of homes to choose from, the process can be a little overwhelming. Trivandrum is a terrific place to live because it has so much to offer its citizens. Additionally, Trivandrum offers a large selection of flats to choose from due to the city's burgeoning real estate market.However, before committing to one, you will first need to make sure of these points which will get you a good deal. Research the market: Before committing to a purchase, it's important to familiarize yourself with the real estate market in Trivandrum. Understand the different neighbourhoods, the average price ranges, and the types of properties available. This will help you make a more informed decision about which property to buy.Get pre-approved for a mortgage: Getting pre-approved for a mortgage will give you a better idea of how much you can afford to spend on a property. It will also make the process of buying a flat much smoother, as you'll be able to move quickly when you find the right property.Hire a real estate agent: A good real estate agent can help you navigate the buying process and find properties that meet your needs. They can also provide valuable advice on things like negotiations and closing costs.Consider the long-term: When buying a flat, it's important to think about the long-term. Consider things like the resale value of the property, the potential for appreciation, and the overall livability of the area.Don't rush into a decision: Buying a flat is a big decision, and it's important to take your time and make sure you're making the right choice. Don't rush into a purchase just because you feel pressure to do so. Take the time to weigh your options and make sure you're comfortable with your decision.Here are a few key questions that you should ask before purchasing an apartment in Thiruvananthapuram1. What is special about this project?The builder ought to be able to persuade you of why this specific project is beneficial for you and provide financial justification for it. He should explain why it is superior to projects from other builders as well. This ought to address things like the calibre of the materials used, the after-sales services, the special features, and the excellent location.2. What is the built-up area of the flat?The builder should be able to answer questions about the carpet area, built-up area, and super built-up area precisely and accurately. The pricing of the apartment is based on the carpet area, which is the actual square footage of the apartment you are purchasing. To enable you to assess the overall cost and its viability, the builder should provide you with full details regarding the specs.3. Can you provide copies of all legal documents involved?You should request copies of the following documents, among others: the title deed, the commencement certificate, the approvals and NOCs from various agencies, the previous tax receipts, the RERA registration number, etc. All of these papers will make sure that the property is clear of any flaws that can later end up costing you money.4. What occurs if the project isn't finished on schedule?The builder should offer a detailed contract outlining his obligation to pay a specific sum for each month the project is delayed. This is one of the rationales behind the creation of the RERA statute.5. When should you anticipate the OC?Before you move into your Trivandrum apartment that is ready for occupancy, the Occupancy Certificate (OC) must be supplied; otherwise, you run the danger of being evicted.In conclusion, buying a flat in Trivandrum can be an exciting and rewarding experience, but it's important to do your research, get pre-approved for a mortgage, hire a real estate agent, consider the long-term, and not rush into a decision. With these tips in mind, you'll be well on your way to finding your dream home in Trivandrum.Since its founding, Varma Homes has effectively established itself as one of Kerala's most reputable builders. We started out with residential construction in Kochi and have since extended to Thrissur and Trivandrum. We'll be launching in Calicut and other big cities very shortly. To constantly produce the greatest service and quality in our pricing range, we make it our full-time goal. We don't have any projects that are stuck at Varma Homes since we firmly believe in creating satisfaction for both our team members and our stakeholders.Read More
With the increasing number of new apartment projects in Cochin which has already set a backdrop for such a promptly emerging city, there is also a strong sense of an honest pride in the minds of every Kochiates for the captivating infrastructural development by the Kochi Metro Rail Project that gave a complete makeover to the city of Kochi. The latest news discloses that Metro is to touch Angamaly in the near future. The existing Metro line will be extended from Aluva to Angamaly. And the greater news is that the Kochi Metro service will soon be extended to Thrissur, which is just 50kms away from Angamaly. Kochi and Thrissur could now be easily connected via a metal belt, which will in turn boost the development of both the districts. The metro connectivity to smaller neighbouring cities will immensely help in their growth and development. Kochi and Thrissur have been closely connected through trade and commerce for several years. And with the Metro Rail service, these twin cities will have greater accessibility to many places including the International Airport that will surely let them to share various growth prospects together. The better international connectivity will greatly pave way for more global companies and cargo-based businesses to expand operations in the Cochin city and even in Thrissur. The enhanced employment opportunities will create a huge boom in the real estate market, making both Kochi and Thrissur the major real estate hotspots and residential hubs. With the predictable flood of people that will shift base to Kochi and Thrissur due to the kind of quality lifestyle that both these cities offer, there will be high demand for luxury apartments in Thrissur and apartments in Kochi. The prime residential areas that are going to be swamped by people’s attention are Thripunithura and Edappally in Kochi and Kottappuram and Poochatti in Thrissur. Since the budding of vast number of 2 bhk flats in Thrissur and flats in Kochi, it’s very much important for you to buy only the ones that live up to your expectations and meet all your needs. When thinking of buying a new home, it’s always best to go with the builder that you trust the most. One of the most promising builders of today, ‘Varma Homes’ have got some wonderful upcoming and ongoing projects in all the major locations of Kochi and Thrissur. The new launch in Thrissur - Varma Spectrum, the luxury apartments at Poochatti is one of the most spellbinding creations of Varma Homes that is highly affordable with all the modern amenities possible. Something else you need to further look at is the compact apartments of Varma Homes in Edappally called Varma Regent, the project handing over ceremony of which is to be held on 15th of January 2018. It is said to be the first project handover of the best builders in Kochi. With an advantage of being located proximate to famous schools, railway station and other well-known places of worship, Varma Maalika, the luxury apartments in Tripunithura is one of the cleverest choices that you can make while looking for luxury flats in Tripunithura. The project handing over ceremony of Maalika is finalized to be held on 1st of February 2018. Varma Kottaram, the luxury apartments in Tripunithura is one of the most desirable living spaces offered by Varma Homes for all the home seekers who look for a royal abode combined with elegance and most modern conveniences. It is one of the prestigious ongoing projects of the top builders in Cochin. The Varma Padipura, luxury apartments of Varma Homes located in Tripunithura is one of the ongoing projects which is crafted to perfection that o?er breathtaking views combined with a lifestyle that is designed for high ?yers. Ensure to make clever and wise decisions on real estate investments while the time is right in the most preferred cities of Kerala like Kochi, Thrissur and also Trivandrum. (To be continued…)Read More
The popularity of multi-generational houses and apartments started to grow during the COVID outbreak. This has influenced certain lifestyles and also triggered new trends. Generations see the benefits of co-living apartments that appeal to a multi-generational society, from seniors to middle-aged couples, from new parents to young people. The pandemic has taught everyone to stick together, support and encourage each other during an emotional crisis. Let's see why multigenerational living has become the most advantageous and interesting thing right now:1. An Affordable Option: When various generations live together, they can afford considerably more comfortable and luxurious residences than they could if they lived separately. This financial flexibility can simplify home maintenance and other utilities as well as household expenses. It also makes it easier for people to save more money for essential things like retirement, vacations, and educational funds.2. Safe & Secure Environment: With more people, there is usually someone at home to watch the house and make sure it is not empty. And, with adult children and grandchildren nearby, elderly parents or grandparents can seek help much faster than if they lived alone if they fall or have a medical problem.3. Emotional Backup: Living together can develop a priceless connection among children, parents, and grandparents. This is certainly relevant when they have a residence that is well-suited to individual requirements, personalities, and interests. Giving moral support and being present during critical circumstances are irreplaceable moments that only multi-generational living can offer.4. Improved Work Efficiency: With the older generation, youth management can be as easy as a cake. Parents may use some help, whether it's with mentorship or schoolwork. Chores, cooking, shopping, and other requirements can be divided and completed much more quickly. Younger people can tolerate strenuous physical labour, while older adults can handle less physically demanding tasks.5. Instil Feelings of Partnership: Your children will learn that all members of your family contribute and help each other. They become aware of and are influenced by the perspectives and love of the older and younger generations who live with them. This allows them to appreciate the wisdom that comes from strong family ties and expand their horizons in constructive ways.6. Easy on the Guardian: It would be stressful for the family guardian to care for the sick parent or grandfather if they weren't living with them and staying away. It's hard to constantly go back and forth to their parents' homes to care for them and back again as they juggle their home and family. It therefore becomes even more important to develop a multi-generational home.7. No More Sense of Loneliness: Isolation is a huge issue in our culture today for all generations. On the other hand, older people feel needed, involved, loved and valued when their extended families live together. The children receive much more help, guidance, and time with their families. Everyone will feel less alone. This may be a win-win situation for everyone if healthy family relations are in place. 8. Happier Work Settings at Home: With the latest remote working opportunities from companies, people are able to enjoy more flexibility and work from the relaxed and joyful atmosphere of their apartment. This structure led to fewer burdens and stress-free lives, which also steered them to greater productivity in their work.Varma Homes - Creating Multi-generational Constructs Since its inception, Varma Homes has established itself as one of the most renowned builders in Kerala. Our expert team has skillfully crafted apartments that can inhabit the desires and preferences of every generation. Own a safe and smart apartment where generational gaps are never an issue since we cater to the diverse mindsets of multiple generations and professionals. Going with the flow and following current trends has always been our motto, which is the recipe for our success and the reason why our stakeholders trust us. We present a modern lifestyle of luxury, convenience, and comfort, with the most advanced facilities and eco-friendly features. We started with residential developments in Kochi and then expanded to Trivandrum and Thrissur. Our major launches will be in Calicut and other major cities in the near future. You have a number of apartment options to choose from depending on your requirements and budget. Choose the one that best suits your multi-generational family! For more information, contact us on 96458 83333.Read More
Finding the perfect neighborhood to call home is crucial for any prospective homeowner. In the captivating state of Kerala, known as 'God's Own Country,' the options are numerous and varied. As established builders in Kerala, we have a deep understanding of the real estate landscape across the region. In this guide, we delve into some of the top residential neighborhoods in cities like Kochi, Thrissur, and Trivandrum, providing insights that can assist you in making an informed decision for your next home purchase.Kochia) KakkanadKakkanad in Kochi is a hub for IT professionals, with significant IT parks like Infopark and SmartCity, attracting many experts. This area is a bustling employment center, hosting global corporations and startups. The infrastructure in Kakkanad is well-developed, with modern residential complexes, shopping malls, restaurants, and entertainment centers. Additionally, there are schools, hospitals, stores, and recreational facilities available in the vicinity. With easy access to the rest of Kochi via major arterial highways like Seaport-Airport Road and Kochi Bypass, public transit options such as buses and auto-rickshaws are also readily available. If you're looking for flats in Kochi, Kakkanad is an excellent choice due to its major location in Cochin.b) Panampilly NagarPanampilly Nagar is adjacent to the city center, making it easy for people to access numerous facilities and services. It is convenient to commercial districts, shopping malls, hospitals, and educational institutions. The neighborhood has a well-developed infrastructure, including large, well-kept streets and modern residential complexes. It has a variety of amenities, including supermarkets, restaurants, cafes, shops, and retail malls. Residents can also enjoy recreational spaces and parks.Panampilly Nagar is well-known for its tranquil residential atmosphere. It has tree-lined streets, grassy areas, and a well-planned layout. The neighborhood is mostly residential, providing people with a serene and quiet environment. Several reputable educational institutions, including schools and colleges, can be found in Panampilly Nagar. This makes it an appealing option for families with children because they can get a great education in the neighborhood or close by. Panampilly Nagar is regarded as a secure area with a low crime rate. The presence of residential associations and observant community members helps to keep the environment safe. The neighborhood is well-connected to the rest of Kochi. It has well-developed road networks and public transit choices like buses and auto rickshaws. Also nearby is the Ernakulam South railway station. While Panampilly Nagar has many benefits, it is always a good idea to visit the area, explore the amenities, and evaluate personal preferences and requirements before making a decision.c) Marine DriveMarine Drive runs along the scenic coastline, providing stunning views of the backwaters and the city skyline. The picturesque setting offers people a tranquil and peaceful environment. Marine Drive is adjacent to the city center, allowing homeowners easy access to a variety of attractions and services. It is close to commercial districts, shopping malls, restaurants, and entertainment venues. The neighborhood has well-kept paths and parks along the shore, giving inhabitants plenty of chances for outdoor activities such as running and leisurely walks. The Marine Drive Promenade is a favorite area for residents to relax and take in the scenery. Marine Drive's infrastructure is well-developed, with large, well-paved highways and sophisticated residential complexes. Supermarkets, cafes, restaurants, and shopping centers are available in the neighborhood. It is also close to hospitals, educational institutions, and other important services. Marine Drive is well connected to the rest of Kochi. It has well-developed road networks and public transit choices like buses and auto-rickshaws. Thrissura) PunkunnamPunkunnam in Thrissur is conveniently situated near the city center, providing easy access to a range of amenities and services such as schools, hospitals, retail malls, and government buildings. Known for its tranquil residential vibe, the neighborhood boasts tree-lined streets and a relaxed atmosphere, making it an ideal choice for those seeking peaceful living. There are various housing options available, including single-family homes and apartments, to suit all budgets and lifestyles. Additionally, Punkunnam is home to several reputable educational institutions, making it an attractive option for families with children. If you are looking for apartments in Thrissur, Punkunnam is definitely worth considering.b) AyyantholeThe serene and residential ambiance of Ayyanthole is well-known. The neighborhood is made up of a mix of independent houses, villas, and flats, giving people a variety of housing alternatives. Ayyanthole is distinguished by its lush surroundings and natural beauty. The neighborhood is peppered with parks, open spaces, and tree-lined streets, providing a quiet and tranquil atmosphere.Ayyanthole is close to key amenities such as schools, colleges, hospitals, supermarkets, and retail malls. It is adjacent to the city center of Thrissur, allowing inhabitants to quickly access vital services and facilities. The neighborhood is well connected to the rest of Thrissur. It is well-connected by highways and has public transit alternatives like buses and auto-rickshaws. The Thrissur Railway Station is also close, making it easy to commute to other places.c) Vadakke StandBecause of its close proximity to Thrissur Railway Station, Vadakke Stand has great connectivity. It is well-connected to the rest of the city by numerous kinds of transportation, including buses and auto-rickshaws. This can be beneficial for people who need convenient access to public transportation.The area is well-known for its thriving business activities. It is home to a number of marketplaces, shopping malls, and commercial organizations. This might be advantageous for those who wish to live close to retail and business facilities. Vadakke Stand is near vital services, including hospitals, banks, educational institutions, and government offices. This might be useful for those who like to have these facilities nearby. Because of the presence of business activity and the train station, the neighborhood is recognized for its lively environment. This might be advantageous for people who love a lively and dynamic workplace. If you want a calmer and more pleasant living environment, this may not be the neighborhood for you. Vadakke Stand may encounter increased noise and congestion due to its closeness to the train station and business centers, especially during peak hours. Individuals who prefer a calmer and more serene home atmosphere may not be interested in this feature.Trivandruma) KowdiarKowdiar is well-known for its elite and affluent status. It is one of Trivandrum's most wealthy neighborhoods, with well-kept residences and a high level of life. Kowdiar is home to several important persons and families. Kowdiar is distinguished for its beautiful flora and well-kept surroundings. The neighborhood offers a peaceful and pleasant atmosphere, with tree-lined streets and plenty of open space. It provides a serene and tranquil living environment. Kowdiar is located in the heart of Trivandrum, near the city center. Kowdiar has a great infrastructure, with well-paved roads, dependable utilities, and enough sanitary facilities. The neighborhood has a variety of attractions, including high-quality educational institutions, healthcare facilities, restaurants, and retail centers.b) SasthamangalamSasthamangalam is located in a good area of Trivandrum. It is close to the city center and has easy access to a variety of services such as schools, colleges, hospitals, retail malls, and government offices. Because of the neighborhood's central position, inhabitants may easily travel to other sections of the city. Sasthamangalam provides a tranquil and residential setting. With tree-lined avenues and a relatively tranquil setting, it is noted for its calm and pleasant vibe. The region is mostly residential, making it an excellent alternative for individuals seeking a peaceful living environment. Sasthamangalam is surrounded by natural beauty, including hills and lush grass. The surrounding area offers stunning vistas of the Western Ghats as well as chances for outdoor activities such as walks and climbs. Sasthamangalam, with its alluring surroundings of the Kowdiar Palace and Karamana River, is a sought-after location for families with children. The presence of reputable educational institutions, such as schools and colleges, in or near the neighborhood further adds to its appeal. For those looking for apartments in Trivandrum, Sasthamangalam offers the advantage of being within easy reach.c) PattomPattom is well-known for being home to a number of notable educational institutions, including schools and colleges. This makes it a popular choice for families with children because they may get quality education in their neighborhood or close by. Pattom has a well-developed infrastructure, including well-kept roads, dependable utilities, and adequate sanitary facilities. The neighborhood has a variety of amenities, including supermarkets, restaurants, cafes, and retail malls. Residents can also enjoy leisure areas and parks. Pattom has a range of housing alternatives, including single-family homes, apartments, and gated communities. There are both low-cost and high-end housing options available, catering to a variety of interests and needs.ConclusionFrom the vibrant metropolis of Kochi to the serene landscapes of Thrissur and the historic charm of Trivandrum, Kerala indeed presents a plethora of diverse and desirable neighborhoods for prospective homebuyers. Understanding the unique characteristics and potential each of these areas hold is a crucial part of the home buying process. This guide hopes to have illuminated some of the best locations to consider when choosing your new home. After all, the right neighborhood can greatly enhance the living experience, turning a mere house into a cherished homeRead More