Blog Detail
Varma Homes Raised The Curtain of Varma Regent
Finally, it’s time to live in the new residential project of Varma Homes in Kochi conveniently located at Ponekkara, Edappally with a total number of 40 exclusive apartments.
On January 28, 2018 Honourable MLA Shri. Hibi Eden attended and hosted the project inauguration ceremony of Varma Regent, the immaculately designed compact apartments at Edappally.
Varma Homes has already made a footmark in the real estate industry within a very short span of time soon after their establishment. And now with the inauguration of Varma Regent, Varma Homes has got a strong and firm root in the real estate market of Cochin.
Varma Regent, being the budget-friendly apartment project of Varma Homes, it has already received an overwhelming response from the public. These carefully built apartments are accessibly erected in one of the prime residential areas in Edappally, Kochi.
Varma Regent positioned at Ponekkara is a G + 4 tower apartment with 10 units per floor in 40 cents comprising of 1, 2 and 3 BHK flats ranging between area of 553 sq.ft to 1357sq.ft with all the modern amenities and quality construction. The amenities include Fully Automatic Lifts, Intercom Facility, Fire Fighting System, Children’s Play Area, Rooftop Party Area, Terrace Garden, Recreation Space, Fitness Centre, Provision for 24 Hours Security, Provision for 24 Hours Power and Water Supply Facility, Sewage Treatment Plant, Water Filter, etc.
Apart from the proximity to Lulu Mall, its easy access to Metro Station is an added advantage of Varma Regent. It is also nearby to all the prominent healthcare centres, famous educational institutions, popular hangout spots and other major commercial developments.
Varma Regent is an affordable apartment project from Varma Homes designed for a lifestyle of comfort and convenience. The new apartments in Edappally offer a choice of 1, 2 and 3 bedroom flats and an array of thoughtfully chosen amenities to enjoy commutable city living.
Varma Homes is one of the most reputed builders in Kochi who values customer happiness above all. 'Constructing Happiness' was inspired by our firm belief in delivering homes that are affordable to all.
Varma Maalika in Tripunithura is the very next project ready for inauguration. Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the other ongoing residential projects of Varma Homes. Many residential apartment projects from Varma Homes will be launching very soon in major cities of Kerala including Kochi, Thrissur and Trivandrum.
On booking Varma Homes you can avail Pradhan Mantri Awas Yojana (PMAY) to save upto 2.67 Lakhs(*Terms and conditions apply) and an additional 4% GST deduction will also be available. If you would like to get more information about any of the projects please visit the website www.varmahomes.com. To make a booking enquiry please use the form in the website or telephone +91 9645 88 33 33 and we will get back to you as soon as possible.
Releated Blogs
.jpg)
Common Myths about Home-Buying
Buying a home is a major decision in one’s life. And there are obviously a lot of things to be considered, other than the financial constraints involved in it. A huge sequence of myths must be debunked that are not true before you actually think of purchasing a home, which will ultimately demotivates you completely. The home buyers are bound to be clouded by the following most common myths: 1. A house must qualify as your dream home Both financially and emotionally, home-buying can be a tough job as it is very important to buy a home that cater all your needs and wants. But it is not compulsory to look for a house that will fulfil all the things in your dream home wish list. A few tiny changes like changing the wall paint colour or adding an extra storage space can be done so as to transform the new house into your dream home, no matter whether you buy villas or new apartments in Kochi. These are the basic remedies to resolve the trivial issues that arise after you purchase a house. A home buyer must consider the crucial aspects of a house like the location, its price, space, design, architecture, amenities, etc. well before he actually purchases it. 2. Renting vs. Purchasing Some say it’s better to purchase a house and some say it’s cheaper to rent a house. The renting vs. purchasing has been a never ending debate. This decision completely depends upon the various requirements of the home buyers. If you are planning to make an investment, then buying a home is always the best option. But if you are planning to settle in for a shorter period of time, then renting a house is a better option than buying. Thus, owning a home is an investment, while renting is merely a living expense. 3. Owning plot vs. Buying flat Similar to renting vs. purchasing; owning plot vs. buying flat has also been a never ending debate. The decision on whether you should purchase a plot of land or buy an apartment/villa absolutely depends upon one’s personal preferences. It’s up to you, whether if you prefer to buy a piece of land as a real estate investment and plan to set up your dream house there in the near future or purchase apartments in Kochi. 4. Home Buying – A Risky Business Buying or investing in anything is indeed a risky business. No investment is 100% risk free; whether if it is gold, market shares, mutual funds, bank deposits or real estate. The fact is that every type of investment has its own pros and cons. A clever home buyer will scrutinize the pros of buying a home and work a way around the cons. But if you are planning to purchase a house from the reputed and reliable builders in Cochin, then you can be guaranteed of making the right real estate investment decision. By now, you would have known about the most common home-buying myths. It’s high time that you debunk all the above mentioned myths and then go ahead with your plan of purchasing your dream home. Varma Homes wishes you a Happy Home-Buying!!! ??? If you are someone looking for ready to move flats in Cochin, Varma Homes has got a wide range of luxury apartments in the various prime locations of Kochi. The most dependable and trustworthy builders in Kochi, Varma Homes’ prestigious project of Varma Maalika in Tripunithura is to be inaugurated on 25th of February just after the inauguration of Varma Regent at Edappally that had recently held on 28th of January. (Hurry up, only a few units left!) Varma Kottaram, Varma Padippura in Kochi, Dr. Pais Heritage in Trivandrum and Varma Spectrum in Thrissur are the ongoing residential projects. And many other residential apartment projects in the major cities of Kerala including Kochi, Thrissur and Trivandrum are in the pipeline.
Read More
The Growing Demand for Residential Properties in Thrissur
Thrissur, known as the cultural capital of Kerala, has been witnessing a surge in demand for residential properties in recent years. The city's unique blend of tradition and modernity, coupled with a robust economy, has attracted both locals and outsiders to invest in apartments and flats in Thrissur. This article explores the factors contributing to the growing demand for residential properties in Thrissur, the role of builders in meeting this demand, the appeal of under-construction flats, the significance of eco-friendly apartment ideas, and the importance of choosing budget-friendly apartments. Additionally, we will explore how the city's tourist places also contribute to the rising interest in Thrissur's real estate market.1. Thriving Real Estate Market in ThrissurThe real estate market in Thrissur has been flourishing due to the city's steady economic growth and infrastructural development. With numerous residential projects coming up, the availability of apartments and flats in Thrissur has increased, catering to the diverse preferences and requirements of potential buyers.2. Builders in Thrissur Meeting DemandThe growing demand for residential properties in Thrissur has prompted several reputed builders to invest in the city. These builders offer a wide range of housing options, from luxurious apartments to more affordable flats, catering to various income groups. Their commitment to quality and timely delivery has contributed to building trust among potential buyers.3. Buying an Under-Construction Flat: A Lucrative ChoiceInvesting in under-construction flats has become a popular choice for buyers in Thrissur. Such properties often come at a more competitive price compared to fully constructed ones. Additionally, buyers have the opportunity to customize the interiors to suit their preferences, making it an appealing prospect for those looking for a home that reflects their tastes.4. Embracing Eco-Friendly Apartment IdeasAs environmental awareness increases, eco-friendly apartment ideas have gained traction among homebuyers in Thrissur. Many developers are incorporating sustainable features such as solar panels, rainwater harvesting systems, and green spaces in their projects. This emphasis on eco-friendly living aligns with the city's commitment to preserving its natural beauty and sustainable development.5. Budget-Friendly Luxury Apartments In ThrissurThe demand for budget-friendly apartments in Thrissur has been steadily growing. As more people seek affordable housing options without compromising on quality, builders have responded by offering well-designed and reasonably priced apartments. This trend has made homeownership more accessible to a broader segment of the population.6. Tourist Places in Thrissur: A Draw for Real Estate InvestmentThrissur's rich cultural heritage and a plethora of tourist attractions have played a significant role in attracting property investors. The city's festivals, art, and cultural events draw tourists from all over the world, leading to increased interest in owning residential properties for personal use or as potential rental units.7. Booming Rental MarketThe growing influx of professionals, students, and tourists has driven the rental market in Thrissur. Many property buyers see this as an opportunity to generate passive income by renting out their apartments or flats when not in use. This steady rental demand ensures a promising return on investment for property owners.8. Connectivity and InfrastructureThrissur's well-developed infrastructure and excellent connectivity also contribute to the rising demand for residential properties. The city is well-connected through roadways, railways, and an international airport, making it an accessible destination for both residents and visitors. Additionally, the presence of schools, colleges, hospitals, and commercial centers enhances the overall appeal of living in Thrissur.ConclusionThe growing demand for residential properties in Thrissur can be attributed to various factors such as the city's thriving real estate market, the presence of reputed builders, the appeal of under-construction flats, the emphasis on eco-friendly apartment ideas, and the availability of budget-friendly apartments. Thrissur's status as the cultural capital of Kerala, along with its rich heritage and vibrant tourist places, adds to the allure of owning residential properties in this picturesque city. As Thrissur continues to develop and grow, the value of residential properties is likely to appreciate, making it an attractive investment opportunity for both residents and investors alike.
Read More
Benefits of Real Estate Investment in Thrissur
Every year, thousands of people visit Kerala because of the sheer natural beauty, natural resources and the cultural richness that this state offers. However, it is not just the natural beauty of Kerala that draws so many visitors, but also the flourishing IT sector that has drawn attention of youngsters from across the country. Many people, who have already retired as well as those, who are working in Kerala, want to settle down in this state in the latter years of their life. That is why they choose to invest on the real estate sector of Kerala. In that case, one district that has gained much popularity in the real estate industry is Thrissur – the Cultural Capital of Kerala. If you are planning to invest in the real estate market in Kerala 2017, Thrissur could be your first choice. Here are the top reasons to invest in Thrissur Real Estate. 1. Positive cash flow Every investor wants to invest on something to make sure that they get a steady income from that. However, for a positive cash flow, it is a must that you choose a district suitable for real estate investment. Thrissur is a flourishing commercial hub, where thousands of people come in search of a job. Therefore, there is always a demand for real estate properties that people would rent or take a lease of. If you invest in the real estate in Thrissur, you will certainly get continuous cash flow. 2. Return on Investment The very first thing that comes to mind while you think of investing in the real estate industry is the return on investment or ROI. If the investment doesn’t fetch great returns, it will be of no use. With a steadily growing district such as Thrissur, it will be absolutely assured that the growing economy of the district will only contribute into the ROI of your property. When you think of selling the property in the years to come, the price of the property will only increase. In that case, it must be mentioned that the longer you hold on to your invested property, the higher returns you will get. 3. Better profits This is a factor that not too many people realize or understand. However, the fact is that, when you fix deposit a lump sum amount in your savings bank account, it will not fetch you as much of profits as the Thrissur real estate properties would. If there is inflation in the economy, the rates of profit for your fixed deposits will only decrease. Hence, you will get low profits from your long term investments. On the other hand, the price of the real estate properties will only increase with time, making it an assured profit. 4. Long term wealth and peace of mind One of the biggest reasons, why you should invest in a real estate property in Thrissur district is the long term wealth that you will have. It is a great peace of mind that you will have, if you have a property as your asset. In difficult times, you will be able to sell the property and ensure that you do not have to run out of money, when you or your offspring are in need of it. 5. Place of your own If you have been living in a rented house, it is the first priority for you that you buy a place of your own, where you can live without having to spend huge amounts of money as rent for your entire life. Having your own house and that too in a popular district of Kerala, where you will get all the amenities and facilities of a well-developed place, is a great peace of mind. You will not have to worry about where you or your children will have to live. When it is Thrissur, you will get the additional benefit of enjoying the rich cultural environment. From temples, places to practice culture and even institutes for science and technology etc. make Thrissur one of the best investment options in the state of Kerala. 6. Easy to buy and easy to sell Real estate is an easy option to invest on. You will get a number of options to buy one for you and you will also get the convenience of selling it, whenever you are in need of money. Buyers and sellers of real estate properties, especially the ones in a popular place like Thrissur, where there is a constantly growing demand of properties for real estate investors, are available in abundance. Hence, there will be no trouble on your part to sell the property, whenever you need to. 7. Pride of ownership This is something that cannot be explained in words. The pride of ownership is something that only the owner will realize. If you purchase a property in Thrissur district, you will be able to enjoy the beauty of this place from a close proximity. With so many reasons as well as benefits of investing in Thrissur Real Estate Properties, you will be able to make sure that you never have to worry about your financial security in the years to come. ABOUT VARMA HOMES Varma Homes, the best builders in Kochi are good at what we do, building living spaces. The art of design is a craft only a few are blessed with. It takes passion, drive, and immense courage. On a mission to Construct Happiness, Varma Homes, the best home builders in Kerala is on the path towards pioneering exquisite lifestyle. Taking into consideration the uniqueness and the sophistication of affordable luxury homes in the finest of the locations, Varma Homes have gone all out to constructing happiness. Varma Homes takes the deepest plunge to make happiness possible. Buying a house, be it for living or as an investment, it is one of the life’s biggest decisions, which is why it is very much important that you choose the right property with care. Varma Homes, we are the best home builders and property builders in Cochin offering new luxury flats, apartments, and residential projects in Kochi, Thrissur, and Trivandrum. Varma Homes are the top builders in Kochi, Kerala for flats & apartments, and we assure you the best end results possible. Everybody is good at something. For Varma Homes, it's building living spaces. To build a place where one can find all the comforts and finally call it home is what they do best at its best. And we are good at building workspaces too. To build an ambiance fit for work is quite a task, which is why one should let the experts do it. Varma Homes is one among the top builders in Kerala offering high quality and luxury apartments in Thrissur. We always create the best living spaces meeting the requirements of clients. If you are looking forward to buy apartments and 2bhk flats in Thrissur, then contact us today. Call +91 9539 29 33 33 for more details.
Read More
NRI Investments in the most expensive real estate markets in kochi
Owing Apartments in Kochi is the biggest dream of NRIs and the middle class people. Kochi is basically said to be an investors’ market and these investments of both the NRIs and the middle class people have fuelled up the growth in the city. Kochi has seen a massive growth in its IT sector and Infrastructural development through NRI investments. Kochi is one among the most expensive real estate markets in India. Significantly, the populaces with an annual income of 13 lakhs and above only can consider buying residential projects in Kochi. Furthermore, the average price of the new apartment projects in Cochin and the rental value is noticeably getting high in the commercial capital of Kerala. The city of Kochi is already in the process of progressing from the small town into a metro city. The major places like Tripunithura, Vyttila, Fort Kochi, Kakkanad and Edappally are becoming part of the prime residential locations in Kochi. Many number of new apartments in Kochi are found available for sale and rent in these places. Nowadays, the home buyers who are most interested in investing in flats in Kochi are the salaried classes - the NRIs and the middle class people. And both these classes are specific about the facilities and the amenities offered by the flat builders in Kochi. They are also price conscious and are not willing to spend their hard earned money on investing in the independent homes especially because of the unreasonable hike in the prices of such properties in Kochi. In order to help the home buyers in buying their dream homes, the Government of India is planning to drop the GST rate for property purchases under the Credit Linked Subsidy Scheme (CLSS) from 12% to 8%. As NRIs are not dependent on home loans for buying new luxury flats in Kochi, the middle class people are the most beneficial with the Pradhan Mantri Awas Yojana (PMAY) Scheme in India. Under the scheme, a home loan subsidy interest amount of Rs 2.67 lakhs is provided to the beneficiaries and the amount is credited to their loan account. Thus, the home loan borrower is privileged to lower the EMIs and this lessens the principal amount of loan payable. The younger generations are also into investing in new luxury apartments in Kochi mainly because of the increase in number of IT companies, rapid progress of the transportation sector and improved communication in the metro city. With the advancement of metro rail, youngsters also prefer to buy new flats in Kochi which are even farther from their workplaces.
Read More
7 Reasons Why Real Estate Is an Extraordinary Investment
It is everyone's longing to turn out to be financially independent. For this, most people depend on traditional ways to earn more, like being salaried in an organization or being self-employed. Yet there are different medians for individuals to enjoy surplus monetary advantages like stock purchasing, shareholding, and the long and worthwhile standby of retirement pension. Apart from all these, the most efficient way to earn is by investing in real estate. You can relish a profound pace of profits, astounding tax benefits & leverage of land to construct your wealth. Here are some reasons why real estate is an extraordinary investment. Reason 1: Predictable Cash Flow Cash flow is the net spendable profit obtained from the investment after every single operating cost & home loan installments have been made. When you purchase a good property from a reputed real estate builder in Kerala, the cash flow will be just as hefty. You can make money through rental income as it tends to rise over time, which can lead to greater cash flow. In most cases, cash flow makes stronger over time as you pay down your loan & build up your equity. As well, RBI has recently declared a reduction in the REPO rate which creates home loans even less expensive. So this will help you to smoothly begin your investment & hence increase cash flows. Reason 2: Get the Most Delightful Return on Your Investments From the pool of real estate builders, you can select the best real estate builder in Kerala who can offer the best quality construction works for their projects. Because the quality of the construction work matches the most excellent grades. So it comes with assured safety, security & top-notch amenities. This shows, by investing in those properties, you are going to accept the most appealing return on your investments. Reason3: Financial Security over Time While another reason that forced people to make their investment in the realty market is long term financial security. If you have a constant flow of cash in succession, the bonuses of this investment yield monetary bonuses for a long time. Possessing a residential property can give investors a sense of security due to the property appreciation over the long run. Well, this is only possible when you invest in the right place. So it is always advised to completely research the location before finalizing the negotiation on the apartment of choice. Reason 4: Hedge against Inflation In contrast to most different sorts of ventures, the realty market can contribute a hedge against inflation, which is yet another reason that pulls customers to put in this income stream. I.e. with high inflation, your rental pay & property value develop profoundly. Hence investors welcome inflation wholeheartedly because as the cost of living rises, so makes their cash flow. Accordingly, buying a property offers extra investment security during inflation. Reason 5: You Become Your Own Decision Maker The most satisfying part about real estate investment is that you become your own boss. Similar to any other business you have total authority & freedom over your investment strategies just as your flops and achievements. You make better decisions on which property to invest in, the tenants who will live in your property, how much rent to impose per month and so on. Reason 6: Qualifies you for Tax Deductions Another reason that real estate is an extraordinary investment, is the tax deductions you can take in this income stream. You get to deduct expenses straight connected to the operation, maintenance & management of a property such as property maintenance, insurance, maintenance repairs, property management fees, repairs, travel expenses, legal fees, and even the interest paid on the home loan. All of these deductions will reduce your taxable income, which might save you cash while you file your taxes. Reason 7: Admittance to Credit Reliant upon a variety of features, extra payment created from real estate investments might grant you admittance to added credit. Usually, loaning institutions finance more money to individuals who get more cash flow. The additional payment generated using property ventures may unfold more comprehensive credit lending entryways. To Sum Up, You can see the profits of investing in real estate while investing in other sorts of investments like the stock market. Investing in real estate can be your ticket to making passive income & reaching long-term financial stability. Nevertheless, before you can obtain these things, always remember that you need to make careful decisions when investing in your property. I.e. while choosing the right builder for your investment, is the first and the most important aspect when it comes to a real estate investment. If you are seeking a top-rated & most well recognized real estate builder in Kerala, then head over to Varma Homes and start searching for investment properties for sale across Kerala. We have our apartment projects at the prime locations in Kochi, Tripunithura, Thiruvananthapuram, Thrissur, and Kozhikode. Visit our website to get more information about our projects. Get in touch with us today to start an investment with us that will definitely offer you a lifetime of fun, happiness & priceless memories.
Read More