Kerala, the southern state of India, is known for its beautiful landscapes, serene backwaters, and unique culture. However, in recent years, the state has also become a hotbed for real estate investment. With its fast-growing economy, excellent infrastructure, and increasing demand for housing, Kerala has emerged as the perfect place to buy a flat right now. In this blog, we will explore the various reasons why investing in flats in Kerala is a wise decision.
Kerala is home to some of the finest builders and construction companies in India. They use the latest technology and materials to ensure that their projects are of the highest quality. From foundation to finishing, every aspect of construction is carefully planned and executed. This ensures that the flats are strong, durable, and require minimal maintenance.
Compared to other metro cities in India, Kerala offers affordable real estate options, including Flats in Kochi. The cost of living in Kerala is lower than other major cities like Mumbai, Delhi, and Bangalore, which means that you can get more for your money. The cost of flats in Kerala is also relatively lower than other metropolitan areas, making it an ideal destination for investment.
Due to the increasing demand for housing in Kerala, there is a high rental yield on properties. The state's economy is growing at a steady pace, and as a result, the demand for housing is also increasing. This means that if you invest in a flat in Kerala, you can earn a high rental yield, making it an attractive option for investors.
Kerala has a rapidly growing economy, driven by industries such as tourism, IT, and healthcare. The state has a well-developed infrastructure, including an extensive road network, airports, and ports. This makes it an ideal destination for businesses looking to expand their operations. As a result, there is an increasing demand for housing in the state, including apartments in Thrissur, making it an ideal investment destination.
Kerala is a popular tourist destination, known for its beaches, backwaters, and hill stations. As a result, there is a high demand for short-term rental properties in the state. Investing in ready to occupy flats in Thiruvananthapuram, in a popular tourist destination like Kerala can help you earn significant returns on your investment.
Kerala is one of the safest states in India, with a low crime rate. The state also has a robust police force, ensuring that law and order are maintained. This makes it an ideal place to buy a flat, as you can be assured of the safety and security of your investment.
Kerala is known for its high quality of life, with a focus on education, healthcare, and social welfare. The state has a well-developed education system, with some of the best schools and colleges in India. The healthcare system in Kerala is also well-developed, with some of the best hospitals in the country. This makes it an ideal place to live, work, and invest.
Kerala is the perfect place to buy a flat right now. With its high-quality construction, affordable prices, high rental yield, growing economy, tourist destination, safety and security, and quality of life, investing in a flat in Kerala is a wise decision. So, if you're looking to invest in real estate, Kerala is definitely worth considering.
We, at Varma Homes, have always believed in Constructing Happiness for our customers who believe in investing safely in happy homes for generations to come. We have maintained our exceptional quality and high standards over the years and this includes choosing vendors and partners who are equally responsible so that our customers have only the best.
Varma homes have just started the piling process of our very new project Varma's Spectrum in Poochatty. Everyone has heard about the term - Piling from the construction industry. Being a committed builder who has been in the construction industry for more than a decade, team Varma is committed to provide you with information from the industry which is extremely essential for customers to do a quality check of the construction. What is Piling ? It’s much known fact that the foundation of any building need to be strong enough to bear the load which can be vertical as well as horizontal in the events of earthquakes, heavy winds and hydrostatic pressure. Things should be done with foresightedness where to avoid any damage or calamity to the buildings, foundation should be done considering diverse conditions. The texture of the soil and waterlogging nature can also become factors to create a strong foundation. A strong piling is required in such cases, where long structures made of steel, concrete or reinforced steel are driven deep into the soil which ensures an even distribution of building loads over a big surface area. It is much essential for residential building to ensure strength in areas where soil is loose, that is basically in river banks, sea shore and dried up water bodies. For commercial properties its highly recommended as the load will be higher and also in cases where soil is weak. Advantages of piling There are many advantages for the entire building construction if a strong piling is done. The piles can be created in any size or length which reduces the construction time which is done with much planning and reduces less supervision when compared to shallow foundations. Effective use of piling in building construction ensures that building can take more loads than regular foundations. Types of piling • End bearing piles• Friction Piles• Direct Mud Circulation Piles• Rotary Piles• Sand piles A structural engineer of a building is the one who decides if there should be a pile foundation for your building. In most of the cases, its done for apartment projects and the type of piling solely depends on the number of floors and amenities in the same. A soil test is done to check the nature of soil including water content, salinity and corrosiveness which would determine the capacity of the soil. Varma Homes ensures the best quality and enforces reliability in every projects that we do and ensure the best construction principles in all our sites.Read More
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
Kochi, a major port city in Kerala, is swiftly emerging as a hotspot for luxury living. With the city's impressive growth trajectory, there's been a notable surge in the demand for flats for sale in Kochi. In this article, we delve into the factors propelling this trend and why Kochi stands out as a prime location for opulent residences.Growing Affluent PopulationKochi has a growing affluent population, which includes professionals, entrepreneurs, and NRIs. These individuals are looking for premium lifestyle flats that offer high-end amenities and a luxurious living experience. They are willing to pay a premium for these flats, which has driven up demand in the city.Rapid UrbanizationKochi has been rapidly urbanizing over the past few years, with an increase in commercial activity and infrastructure development. This has led to a rise in demand for premium lifestyle flats that are located in prime areas of the city. The flats offer easy access to commercial centers, transportation hubs, and entertainment options.International Standard AmenitiesThe apartments in Thrissur and Kochi are now synonymous with global-standard amenities, a feature seldom found in conventional residential properties. Prospective homeowners can expect facilities like swimming pools, gyms, clubhouses, and verdant gardens. Additionally, these flats are adorned with high-end fixtures such as Italian marble flooring, modular kitchens, and avant-garde lighting.Safety and SecurityKochi is a safe and secure city, and premium lifestyle flats offer an extra layer of security to residents. These flats have round-the-clock security personnel, CCTV cameras, and access control systems, ensuring the safety of residents and their belongings.Increased Buying PowerKochi's economy has been growing steadily, and this has resulted in an increase in buying power for individuals. The city's residents are looking for premium lifestyle flats that offer them a high-end living experience, and they are willing to pay a premium for it.Resale ValueThe premium lifestyle flats in Kochi, much like the offerings from the top builders in Kerala, guarantee an impressive resale value. As Kochi's growth story unfolds, the allure of these flats is set to intensify, promising homeowners a lucrative return on investment.Brand ImageThe Kochi real estate arena is now witnessing the entry of several esteemed developers, who are introducing premium lifestyle flats under their esteemed banner. This influx has fostered a perception that owning a residence in such developments is akin to a status symbol, further fuelling demand. Notably, some of the renowned builders in Trivandrum are also making their mark in Kochi.In summation, the allure for premium lifestyle flats in Kochi is escalating, propelled by factors like a rising affluent class, swift urbanization, world-class amenities, unparalleled safety, robust buying power, promising resale prospects, and a coveted brand image. For those yearning for a slice of luxury, Kochi beckons as the perfect locale to invest in a premium lifestyle flat.Read More
If you are purchasing an apartment with a plan to resale it sometime in the future, then you should consider certain things before going ahead with the purchase. This would be wise to bear in mind how the other buyers would view the house that you have been considering purchasing.Life is uncertain and so a critical need might arise anytime when a dream home needs to be put up for sale as well. Whatever the reason be, no one wants the headache of a property that is difficult to resell. So, here is a list of the major home resale factors that you should ideally be aware of to continue your journey of home purchasing.Developer's Reputation & GoodwillAlways validate the profile of the developer before buying an apartment. You must do thorough research on the builder's profile and dig in through the history of the builder. It is important to make a detailed study of the credibility and earlier projects which he has delivered before you invest in property. Established credentials of the builder will assure a line of defence against getting cheated out of one's money on an investment. Reputed builders will always ensure legal sanctities, structural integrity, and timely completion.Construction QualityMonitor every aspect of the construction process to drainage engineering, and attainment of acceptable levels of performance within the defined guidelines set out in the scope of work. Inspect and ensure the building's construction quality and materials used in the project to make sure the final deliverables are free from any construction-related defects in the future. Before finalising your deal, analyse the quality of construction by inspecting the strength of the structure, the floorings used, the paints applied, interior fittings, and accessories. The size of the flat in an apartmentThe house's size plays a major role in reselling your flat. With all the recent work-from-home trends, people are usually looking for homes that have more rooms and provide more privacy. However, these particular trends depend on the city or town where your property is located. For example, in urban areas, smaller apartments are more prevalent while in the suburbs, the buyers are more accustomed to larger and spacious houses. You must necessarily research which size of the home is more popular in your city and then invest accordingly. The neighbourhoodThe neighbourhood and locality have a major impact on the flat's resale value. An apartment that has more amenities and along with good safety has a higher resale value. Before purchasing an apartment, it is advised that you research several popular trends, the potential new plans of infrastructure, community areas, transit accessibility, and other necessary amenities that exist in the target area. This would be a good idea to opt for quick checking of the flat's neighbourhood. This will give you a fair idea of the neighbourhood. Safety & SecurityThe must-have safety features for residential properties include fire-fighting provisions such as extinguishers, smoke detectors, and water sprinkler systems. Also, there should be provisions to tackle natural calamities such as heavy rainfalls, earthquakes, etc.Also, the best security arrangement within the societies includes trained safety guards at the entry and exit points, CCTV surveillance, burglar alarms, and intercom systems. Ensure that the safety and security systems are in place and get updated regularly.Also Read: Reasons Why Luxury Flats in Kochi Are Worth the InvestmentThe age of an apartmentThe age of an apartment is very crucial as buyers consider certain factors like the lifespan of several elements like the apartment's roof, appliances, electrical systems, windows, plumbing, etc. Even 10-year-old apartments remain at their best if the maintenance cycle is properly followed. As one of the premium builders in Kerala, Varma Homes are designed with fine attention to detail that resonates across all its projects. The spaces are luxurious and reflect what you would only expect from upscale homeowners who will settle for nothing but the best when it comes down to their aspirations. Storage space in a flatThis is one of the factors that is often overlooked while purchasing a house especially while purchasing a flat in an apartment. While this does not enhance the resale value of a particular flat directly, this usually makes a flat more in demand amongst the buyers. Homebuyers usually prefer flats that have adequate and intelligent storage spaces.In modern houses, the homebuyers usually look for at least one walk-in closet that is attached to a master bedroom. The outdoor spaces for storage like assigned car parking, sheds for laundry activities, etc. are also taken into consideration.Bottom lineAs you start hunting for the perfect flat, it is important that all of your preferences are met. You need to take into account several different things discussed above in order to make an informed choice on which property will work best with them and also help when resale time comes around!Of course, there are plenty of red flags that you need to look into while selecting a flat for sale in Kochi, but we have listed the most notable factors for a quick read. A good investment with wise decisions can help you live, and even earn a stable income for your future generation.Read More
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.High Rental YieldTrivandrum 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.Growing IT IndustryThe 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.Infrastructure DevelopmentTrivandrum 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.Tourist DestinationTrivandrum 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.Education HubTrivandrum 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.LifestyleFast 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.Affordable Property PricesCompared 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.Read More