Trivandrum has always held importance as a destination for both visitors and settlers, and investing in a flat in Trivandrum is becoming increasingly attractive. Blessed with natural beauty, steeped in history, and now growing as a modern IT hub, the city has a lot to offer families and professionals.
Whether you seek employment or entrepreneurial opportunities, you can find them in the capital city. With reputed builders in Kerala driving large-scale developments, infrastructure growth is happening like never before, and the city’s connectivity not just with the rest of the state or country, but with the world has improved greatly.
Choosing the right type of residence should be a priority in your real estate investment strategies in Trivandrum. Let us explore the reasons for this.
Thanks to the giant strides made by the IT industry in Trivandrum, it is rapidly becoming a sought-after and lucrative destination for real estate investment in the state. The IT township at Kazhakkoottam and the various IT parks that have bloomed in parts of the city are greatly responsible for this.
Excellent educational institutions and world-renowned healthcare institutions are also developing in the city, increasing buyer confidence and boosting demand for quality housing, especially apartments.
If you think about why Trivandrum will be the right place for new home buyers in Kerala, the answer is simple. Excellent opportunities, steady demand from end uses, affordability, and prospects of capital appreciation.
As the city continues to grow and develop, homeowners become more discerning, seeking security, convenience, comfort and long-term value instead of speculation and quick gains. This further strengthens the case in favour of ready-to-move homes.
This is the most obvious and, of course, the biggest advantage of ready homes; you don’t have to wait. If you’re looking for a home for your family to live in immediately, this is undoubtedly the ideal choice.
There’s no guesswork or uncertainty about when the project will be completed and handed over. It eliminates the stress of going through construction delays or waiting for approval.
For investors, immediate possession means immediate rental income. Buyers seeking stable returns should consider purchasing a ready home.
Under-construction flats are sold by showing potential buyers mock flats, floor plans, and brochures. But you can see a ready flat for yourself and be satisfied that the layout, amenities, ventilation, and quality are as per your requirement.
You get clarity and can avoid dependence on assessments and opinions of third parties.
With ready apartments, you face no risk of delays in completion and handing over, or legal issues. As the apartment is complete and all documentation and approvals are available for verification, you can make sure that everything is above board.
If you’ve booked a flat and are living in a rental flat, you have to pay rent and your home loan EMI; that’s double the expense. However, if you buy a ready apartment, you only have to pay your EMI, which basically is being paid for you to get ownership of a home.
This is ideal for young families and professionals who prefer a stable and predictable monthly expense.
Ready apartments are usually located in prime residential areas that have essential infrastructure in place, like road connectivity, markets, healthcare, and other essential amenities. You don’t need to wait for the area to develop, and can have a settled and comfortable life from day one.
Ready apartments pose less risk to lenders, and you can get quicker loan approvals for them. As a buyer, your advantage is fewer documents to arrange and smoother processing. You also won’t face an unexpected rise in cost due to completion delays.
You can easily sell apartments that are ready, and can get a higher price as buyers want to move in immediately. If you want to let the flat out on rent, then the best option is to, of course, choose a flat whose construction is complete, as tenants won’t wait.
With the real estate market in Trivandrum thriving, buyer preferences keep changing. As
Ready-to-move apartments offer clarity, transparency, security, and immediate use; they are the preferred option for the new generation of home buyers.
Choosing a ready flat in Trivandrum is a smart choice for a homeowner or investor who wants immediate use or earnings in the capital city of the state.
As one of the top builders in Trivandrum, Varma Homes has some of the best apartment projects in prime localities in the city. With RERA approval, quality construction, world-class amenities, and well-designed layouts, our flats give you a secure and luxurious life. Check out our premium apartments in Trivandrum today.