Kerala's financial capital city, Kochi is always growing, especially in the real estate field. People choose Kochi as a future home investment only because of the city's excellent facilities such as road and rail connectivity, Metro, etc. Kochi is a leading tourist destination too.
The best investment in Kochi is for apartments. Homebuyers are high in rate, as the major IT Hubs are situated in Kochi. People look for easy and convenient daily commutes, hence they opt for apartments or flats. Kochi's real estate market is highly paid and attractive.
All potential drivers such as IT development for employment generation, Metro rail for intra-city connectivity, the Smart City tag for basic infrastructure, port-based development for industry and commercial growth, airport terminal for international connectivity and foreign investment and tourism for the hospitality industry are emphasized in Kochi.
This will ultimately boost demand for housing and make it one of the next highly-preferred real estate destinations in India.
The Ministry of Urban Development, Government of India identified the top 20 candidates under the Smart City mission initiative through a competitive selection process. E-Governance and water management are focus areas as part of pan-city solutions which will help Kochi to access improved and planned infrastructure with assured water and power supply, sanitation and solid waste management, efficient urban mobility and public transport, IT connectivity, etc.
Kakanad-Tripunithura-Central City, which is selected as the area for development, will witness intense development in the coming years. Numerous developers are trying to acquire land for real estate development in and around this area. The 'Smart City' tag is expected to boost prices exponentially.
The new international terminal has a very positive economic impact and uplift the real estate market in the whole region. The catchment will witness the development of new retail and commercial spaces along with a good supply of residential and hospitality developments to cater to the increasing demand.
The increased international connectivity will also pave the way for global companies and cargo-based businesses to deploy and expand operations nearby. The completion of the international terminal, along with an operational metro, will significantly boost the city's real estate market - and the catchment itself is expected to witness a 15-20% rise in property prices.
Kochi is one of the venues for 'SEA-ME-WE-3' (South-East Asia - Middle East - Western Europe 3) and 'SAFE' submarine cable landings and is the second Indian location along with Mumbai to have two submarine cable landings. This fact highlights Kochi as an important destination for IT-enabled services. Presently, the Government of Kochi is keen on developing IT/ITeS, as the entire Kerala state is promoting this sector heavily.
The major thrust on IT/ITeS development will eventually boost real estate development in the city, as it creates demand for residential properties, Grade A office spaces and retail developments.
The swelling number of businesses in the city has presented residents with increased employment options. The Kakkanad technological cluster and the Cochin Special Economic Zone (CSEZ) have become appealing locations for enterprises and businesses seeking to establish their base in India. The proximity of well-developed transport infrastructure and a large population of potential customers and partners has made the city attractive for businesses seeking to expand or start-up. The presence of large foreign corporations in the city has provided a good platform for the growth of the local employment sector.
Kochi receives millions of tourists annually, which is crucial in adding significant value to the city's earnings. It has historical pertinence and is a popular attraction for its coastline, lush countryside, and watersheds. Kochi is also visited annually by domestic tourists for cultural celebrations and festivals. The city's aspiration to become a prominent vacation spot provides a pathway for the skyrocketing demand for the hospitality industry and its ancillary sectors. Furthermore, the proximity of large international airports and the growing popularity of cruise tourism make the city an attractive destination for international visitors.
In short, Kochi - which was earlier struggling to recover from an oversupply scenario - will see a massive revival due to the creation of demand from these initiatives. Sustainable growth in real estate prices is now assured in the city, and this has incited new interest from numerous real estate developers from all over India who are keen to launch residential, commercial and hospitality projects there.
Varma Homes offer flats in Kochi with the most contemporary design style and architecture. We have been giving flats in Kochi and have a huge happy client base. On-time fulfilment and delivery of projects are some of our strong points. Our flats in Kochi use the most advanced technology, including contemporary design while keeping the highest standards in quality.
Everyone is urged to invest in real estate at least once in their lives, making it one of the most sought-after sectors. There are several different considerations while looking for residential property in Kerala. Kerala, the most populous state in the nation, has a distinct predilection for homebuyers, which drives up property prices swiftly.It can be difficult to find an affordable apartment in Kochi, but with the appropriate strategy, it is undoubtedly doable. The following advice will help you locate an affordable flats in Kochi:However, below are some ways to determine how to find budget friendly apartments in Kochi:1. Fixing the budget bucket:Focusing on the price you are willing to pay for something is the easiest approach to eliminate options while making a purchase. By examining your expenses relative to your income, you may determine your budget for purchasing a home in Kochi. Calculating this will give you a number that will enable you to determine the amount you are willing to set aside specifically for your property. To create a budget, you must also account for expenses such as moving in, interior renovations, repairs, and more.2. Narrow your search criteria: Now that you know how much money you have to spend, find the locations that fall within that range. Avoid the error of limiting your search to areas based solely on price; instead, consider comfort and the layout of your ideal home so that you may determine which location best suits all of your interests. You should consider the area in light of the needs of both you and your family. This can help you save money on other expenses like flying or buying stuff because there aren't as many alternatives.3. Builder reputation: Choosing a trustworthy home builder in Kochi is crucial when looking to buy a house on a tight budget. There are many frauds taking place under the name of low prices. To avoid losing your money or raising the risk of investing, be careful not to invest with a builder you cannot trust. Before engaging in any transactions, make sure you run your errands to confirm the builder is genuine before making any transactions.4. Configuration of your home:For you to live comfortably and without feeling claustrophobic, it is essential to know how many members of your family there are and what size apartment you will need. As a result, you must also determine whether your family's needs can be met within your budget. You may have trouble finding a 3 BHK apartment in Kochi at a budget of less than 50 lakhs.5. Know the project details:When you want to obtain a good deal on affordable homes, understanding the phrases and what they imply in real estate is equally vital. This is so you can be sure you are getting what you are paying for and that none of your investment money is wasted after you understand what carpet area, built area, super built area, floor plans, and other such information entail.In conclusion, Kerala as a state has done exceptionally well in the real estate sector over the past several years, and its affordability will decline as the demand for homes increases. This indicates that you will now benefit from heeding the aforementioned advice. Make sure to act quickly and decide after thorough investigation.Finding a budget-friendly apartment in Kochi is possible with a little bit of research and flexibility. Determine your budget, look for deals and discounts, consider location, be flexible with amenities, research online, and visit the apartments. Remember that a budget-friendly apartment is not always the cheapest, but it is the one that fits your needs and budget.Only a select few people are gifted with the ability to design. It calls for a lot of bravery, tenacity, and excitement. Varma Homes is on track to introduce an affluent lifestyle as part of its aim to "Construct Happiness" with our brand-new apartment projects around Kerala. We have always been dedicated to creating happiness for our clients who think that purchasing joyful homes now will secure their investment for future generations. We have consistently upheld our extraordinary standards and high calibre, which includes only cooperating with suppliers and partners who share our dedication to excellence. At Varma Homes, we strive to meet the needs of all parties involved, including customers, investors, and staff.
Read MoreBuying an apartment can be an overwhelming endeavor, and there are so many facets to consider. With countless laws governing the real estate market, it may seem impossible to know exactly what you’re signing up for when buying a property. It is therefore vital to have a basic idea of what the contract entails before signing it. There are various laws pertaining to the sale of real estate in Kerala which are meant to safeguard the interests of both buyers and sellers. To avoid possible problems, homebuyers must be informed of such laws and their rights under them. Here are some must-read rights of a property buyer in Kerala to help prevent any potential issues related to apartment buying.Ø Right to Get Information One of the key rights for buyers when buying a new apartment is the right to get complete information about the project they are investing in. So, the homebuyer can use this right to access all project information, legal sanctioned plans, building layout plans, RERA registration number & other specifications approved by the responsible authorities. After all, your home is one of the largest purchase decisions you will make, and by having access to all the information at your fingertips, you can be sure that your choice was the best one for you.Ø Right to Understand Construction Schedule The prospective buyer has the right to be informed of the project's step-by-step completion schedule, which includes provisions for electricity, water, sanitation, and other services and facilities stated in the sale agreement's terms and conditions.Ø Right for InspectionBefore you buy an apartment, you have the right to inspect it and make sure it's in good condition. If it is an under construction project, you also have the right to inspect the project's progress. This right of the buyer to inspect the property before making full payment is intended to help minimize disputes and claims of misrepresentation at a later stage.Ø Right to Claim a RefundAs per RERA rule, the homebuyer has the right to claim a refund when the builder fails to deliver possession of the apartment property according to the terms stated in the sale agreement. In such cases if any dispute arises between builder and homebuyer in terms of refund, RERA could help the homebuyer to get the refund amount. The National Consumers Defense and Research Center (NCDRC) has ruled that buyers are entitled to a refund if possession is delayed for more than a year after the builder's agreed time. As per NCDRC, if projects are not delivered within that specified time frame, the developer is required to repay the full amount plus 10% interest. Ø Right to Claim PossessionThe right to claim possession of an apartment could be considered one of the most important rights that a buyer has over the property. This right helps the buyer get his or her hands on the property once all of the necessary formalities have been completed, and the required payment has been made. So, as a homebuyer, you have the right to claim possession of the apartment, provided the builder has handed over all the essential documents, such as the completion certificate, rights to use common areas, if any, and building insurance, which is compulsory under the law.Ø Right to receive benefits in valueFollowing the transfer of ownership of the apartment from the builder to the buyer, the buyer is entitled to any increase in the property's value, as well as the rents and gains generated by the property. After the deal, the builder may have no claim to the benefits of the apartment property.Ø Right to File a Complaint about the ModificationsAs per RERA rules, a buyer has the right to file a complaint if a builder makes any changes to the permitted plans, floor plans, fittings, and amenities without the consent of at least 2/3rds of the allottees, apart from the promoter, who have agreed to purchase an apartment in a building.Ø Right to Get the Title DeedThe seller's title to the property is transferred to the buyer when the deed is signed. The seller must officially confirm that the property is wholly free and clear of any legal encumbrances. The buyer owns the legal rights to the property once the title deed has been registered. Takeaway, You have been educating yourself about your rights as a homebuyer, drawing you one step closer to getting your perfect dream home. If you're looking for the most trustworthy and responsible builder in Kerala to own your dream apartment, Varma Homes is a wise choice. We bring you a broad range of apartments that match your desires & balance your lifestyle in your favoured locations in Kerala. Get ready & never hesitate to buy an upcoming or under-construction apartment with the most trustworthy real estate builder, like Varma Homes, as all our ongoing projects are registered under RERA. We have strictly followed traits such as on-time delivery, top-notch quality, and trust since the inception of our apartment projects, which has made VARMA HOMES the best of the rest!
Read MoreOnam is one of the biggest festivals of Kerala with 10 days of celebrations and fun. Onam is the season which shows Kerala at its cultural best where we get to see rich harvest, happiness, prosperity, family gathering with sadya, onam pattukal, traditional thiruvthira dances and so many outdoor activities. Double your happiness this Onam season by owning a luxury apartment in your dream city and start a new beginning in life. Buy a new flat in Thrippunithura to experience the family get togetherness and feel rejuvenated to smell the goodness of life. Many builders launch their new residential projects in Kochi with many offers that you can’t deny to for the first few bees. One benefit that you can look ahead to while buying an under construction flat is the discount offered during the launching time. In most cases, builders offer per square foot rate of a house at the stage of launch of the residential project with a lucrative concession lower than that what you have to pay when you buy the flat / apartment which is ready for possession. When buying a flat under construction, total cost may go down compared with a ready to move in. While buying an under construction flat, the only thing you have to take in account is choosing a trusted builder. Go for the reputed builders to minimize the risk. And the Varma Builders ensure the timely completion of residential projects. For this Onam buy a luxury apartment in Trippunithura from the renowned builders in Kochi to acquire 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 especially during the festival time. Spirituality at the door step Owning a dwelling at a place that emanate divine legacy especially in a city like Thrippunithura is indeed a long cherished dream any devotee has. Located just a 300 metres from the famous Sree Poornathrayeesa Temple, Varma Kottaram offers a spiritual harmony as well. Livings near the temple also add cultural value. Experience the real regal life knowing the traditional culture by owning a luxury apartment at Varma Kottaram. Comfort & Connectivity Varma Kottaram is a G+4 luxury apartment project exactly located at Thrippunithura between Kalikkotta Palace and Sree Poornathrayeesa Temple. Varma Kottaram is 24 units with 2 & 3BHK apartments in 25.6 cents. Kottaram has all the modern amenities like Fitness Center in First Floor, solar energy utilisation in selected areas, fully automatic lifts, intercom facility, Fire Fighting System, children’s play area, roof top party area, terrace garden, recreation space, fitness centre, care taker room, Provision for 24 hrs. Power & Water Supply Facility, Sewage Treatment Plant, Water Filter, Surveillance Camera, Rubber Fender for Corners in the Car Parking Area and many more. Best Builders whom you can trust Varma Homes assures the timely completion & delivery of flawless and qualitative projects to the valuable customers. Come and book flat at Varma Kottaram during this Onam and enjoy a lifetime long merriment.
Read MoreThere are numerous things to think about when purchasing a luxury apartment in Trivandrum. Thispurchase will allow you to build the home of your dreams for your family. As a result, you shouldthink carefully before choosing which property to consider. The location and surroundings need tobe considered first and foremost.Neighborhood is important when you buy flat in TrivandrumYou shouldn't settle for a bad neighbourhood. It ought to be a tranquil neighbourhood withconsiderate neighbours and a reliable security system. Additionally, it should be close to all of theimportant amenities like hospitals, schools, and colleges.Following this, you can consider additional elements including the apartment's location, size, andfacilities. Check to discover if there are any additional amenities like swimming pools, gyms, orrecreation areas available.It is crucial that tenants have all of these amenities in their residence, in addition to a number ofothers, if you are purchasing an apartment to rent out to tenants.Commute TimesThe second thing to think about is how long it will take to go to municipal amenities. Purchasing aluxury apartment in Trivandrum, especially one within the city limits, can be expensive andoccasionally exceed your budget. Go for it if you can afford it.The Apartment's LocationWhen buying a flat, it's crucial to keep the apartment's location in mind. The apartments inTrivandrum should be situated so that staying there would satisfy all of your needs. It should beclose to reputable hospitals, schools, and markets, as well as other amenities like post offices andATMs.You shouldn't have to worry about anything while visiting if it is safe, tranquil, and has little to nocrime. The neighbourhood in which the home is situated is crucial because, if all goes well, it willmake your decision simple.The cost of the homeThe cost of the home should not exceed what you can afford to spend on it and should fall withinyour budget.If at all feasible, seek assistance from a professional or real estate agent who can inform you on theneighborhood's location and other amenities as well as the average cost of homes there.Visit the region if you can so you can see how much room is available there and what amenities,such as hospitals and schools, are close to your home.Future Resale Value while purchasing a Trivandrum apartmentThe second factor that should be carefully studied before buying a flat is the pricing. It needs to bereasonably priced and within your means.The property's location is a crucial consideration while choosing it. You will have to spend moremoney on transportation if it is not at a convenient location. Therefore, it should be in a goodneighbourhood with all the essential services like markets, hospitals, and schools.Before buying a home, there are a lot of factors to think about. If at all possible, visit the property toexamine what is offered before making a decision.Infrastructure QualityIt is crucial to be aware of the infrastructure quality in the area where you are purchasing a home. Itis challenging to investigate this before you purchase a property, nevertheless.Therefore, if at all feasible, ask others who have already purchased properties in that area.Before buying a property in any city, you must also take into account a number of other factors. Areal estate broker or an expert should be consulted before making a decision.Community feeling in the area.The neighbourhood where you plan to buy a house should have a strong sense of community. Thiswill assist you in meeting new people in the area and having fun with them.Due to the rapid market change, now is the ideal time to invest in or purchase residential properties,flats, and apartments in Trivandrum. One of Trivandrum's most reputable and trustworthy builders,Varma Homes, provides high-quality residential buildings with top-notch amenities in excellentlocations.
Read MoreYet, another apartment of Varma homes is launching soon in the heart of Kochi, Chottanikkara. Varma homes are successfully continuing its growth in the real estate industry as one of a kind. Varma Homes are always dedicated to constructing happiness and created our own milestones in this competing industry with the diversities and uniqueness in our projects. We provide advanced facilities for our apartments and villas and are intended to deliver happiness with innovative designs and amenities. Major projects of Varma Homes are mainly spread across various cities in the Gods own country, Kerala like Trivandrum, Thrissur, and Kochi. When thinking of purchasing a new home or apartment, the right decision can be taken by approaching a trustworthy builder. Varma Homes are one of the best trustworthy builders who is always fascinated to create happiness in clients by meeting their desires and dream based apartments. Because of our top-notch services and cutting-edge technologies, we have become one of the most promising builders which have grasped the attention of clients with the wonderful upcoming and ongoing projects in all the core locations of Kerala especially in Kochi. With a strong focus on value and excellence, the qualified workforce of Varma Homes turns each person’s dream apartments and villas into reality. Our upcoming residential project is in Chottanikkara, which will be one of the best constructions of Varma Homes stuffed with all the ultra-modern facilities in 2 & 3 BHK compact apartments. The speciality of Varma homes is to construct happiness at affordable rates. The compact apartments of Varma Homes in Chottanikkara are surely now going to grab the attention of clients with its highly advanced amenities and technologies. Each apartment or home from Varma homes is always creating its own identity and promises a safe and protected noble living atmosphere for future generations. Why Varma Homes Becomes The Home Buyers First Choice? With the unique and trendy designs, Varma Homes become the first choice for home buyers. We are focused on constructing happiness among individuals. Emerging as a prominent developer for delivering various apartments for different regions across Kerala. The vast collection of apartments at Varma homes lets home chasers to cherry-pick their dream space in harmony with different tastes. Our apartments are smartly crafted and deliver a life of modest luxury. At Varma Homes, we believe in investing securely in happy homes for really experiencing the true mist of life. We have retained our incomparable quality and top standards in constructing homes over the years and this comprises picking the right vendors and associates who are equally responsible for getting the best for clients. We are focused on to satisfy all investors, employees and stakeholders. Apartments from Varma Homes stand out from the tight competition as our portfolio satisfies to all sections of people who dreams of experiencing a comfy lifestyle on a low-priced apartment. We invite you to join our developing community of satisfied clients for making their dream of owning their perfect homes with unmatched quality and services within a reasonable price. We can guarantee that you can meet up with the aesthetic beauty in hygienic green environs coupled with all the fundamentals for the practical comfortable stay. Here you get the lifelong Investment of celebration, happiness and comfort. So to experience the world-class noble living at its best, Varma Homes is the best and the finest choice.
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