CategoriesBlog News & Events

ABAD Reflection, Kadavanthra handed over to customers

Abad Builders always endeavours to help society.  Whenever a hand of help is a necessity, they always keep their step front. Last month, they donated an ambulance to the Maradu Municipality to support the public healthcare system. The key handover function was held at Nucleus mall on August 27,2021 by Dr.Najeeb Zackeria,Managing Director,Abad builders to Antony Ashanparambil,chairman,maradu

CategoriesBlog News & Events

Ambulance Donation | ABAD Builders

Abad Builders always endeavours to help society.  Whenever a hand of help is a necessity, they always keep their step front. Last month, they donated an ambulance to the Maradu Municipality to support the public healthcare system. The key handover function was held at Nucleus mall on August 27,2021 by Dr.Najeeb Zackeria,Managing Director,Abad builders to Antony Ashanparambil,chairman,maradu

CategoriesBlog Real Estate Trends

Changing Trends in Kerala’s Real Estate Landscape

Real estate has been one of the sectors impacted heavily by the pandemic, the consequent lockdowns and the economic downturn. However, new data published by Kerala Real Estate Regulatory Authority (K-RERA) shows that the sector is slowly getting an uptrend. Since April 2022, 95 projects were registered with K-RERA in the second and third quarters of 2022, compared to 50 projects year-on year. Over 80% of purchaser interest is in 5 BHK apartments; this is a sharp increase from 56% in February 2022 and this category appears to be the most active right now.

Other categories have seen a decrease in the number of unsold homes. Currently, 4BHK homes have a sales percentage of 51% and 3 BHK units stand at 52. The worst performers are villas and 1 BHK apartment, with sales of 20% and 36% respectively. There has been a rise in the number of new projects and drop in unsold units as per Kerala Real Estate Regulatory Authority (K-RERA). In terms of the bigger picture, Sethunath M, CEO of CREDAI Kochi, said that the real estate sector in India is growing at an estimated rate of about 22% per annum and that it continues to be the second-largest employment generating sector, contributing to 6-7% of the GDP.

Meanwhile, Kochi, Kozhikode and Kottayam continue to be the hotspots, where people are choosing to buy homes in Kerala. Over the recent years, digital technology has revolutionised the way customers approach the decision of buying a home. The real estate sector has embraced digital techniques in helping clients make informed decisions when it comes to buying homes.
Virtual home touring, 3D tours and drone videos are some of the technologies that help home buyers visualise the plot selection and even, seeing how their completed home will look, with interior finishes and more. Some real estate builders have begun using 3D tours and drone videos to help people see the space in 360 degree and to observe the dimensions of the interiors clearly in high resolution.

“Among home buyers in Kerala, the inclination now is towards homes with a balcony and a garden where they can spend some time peacefully, indoor and outdoor gyms for the health-conscious, a spacious and well-fitted kitchen, and an eco-friendly and pleasant atmosphere,” says Dr Najeeb Zackeria, MD of Abad Builders. “There is also a premium being placed on home safety and security, and the use of the latest in technology for this purpose.” Besides, there is a growing trend towards people preferring to live in suburban areas rather than in the middle of the city’s bustle, which works excellently for home buyers in Kochi, with apartments and homes in Edapally, Nettoor and Maradu.

CategoriesBlog News & Events

Tanzeel Green handing over ceremony

Tanzeel Green, a 22 apartment residential project located at Kathrikadavu was completed in a record 6 months and handed over to customers by Abad Builders Pvt Ltd. In a simple ceremony on 14th August, Mr. Zackeria Usman Sait, Director Abad Group, formally handed over the project to its customers.
Seen standing alongside are Mr. Riaz Ahmed, (Chairman Abad Builders), Mr. Usman Nasser (Director Finance, Abad Group),  Mr. H E Anwar, Mr.Vaseem Abdul Azeez (Partner Tanzeel Builders), Dr. Najeeb Zackeria (Managing Director, Abad Builders) and Mr. Nayeem Abdul Azeez (Partner Tanzeel Builders)
CategoriesBlog DIY Tips

5 Tips To Make Your Home Eco-Friendly Easily

It is a fact that the quality of our environs is dwindling each day, and it is the duty of each one of us to conserve the environment around us. Going green is one of the best things we could do. As everything begins at home, we can do our bit to save Mother Earth by making our abodes eco-friendly. If you are thinking of ways to turn your home eco-friendly easily, we have some tips from some leading builders in Kochi.

Tips to make your home eco-friendly

Use LED Lights

Compared to other sources of light like bulbs and CFL lamps, LED is incredibly energy-efficient and lasts much longer. Initially, LED was used in household gadgets. But now, it is widely used in many flats and villas in Kochi. LED lights can last up to 10 years even though they may be  a bit costlier, so you are getting the best value for money. By using more LED lights, you save more energy.

Use Solar Energy

A solar panel is the best way to go green with your electricity consumption. Though the price to set up will be costly, the expenses will be soon turned into profit by the savings you have using solar energy. You can use solar panels as an alternative source of energy, helping you lower your dependency on the electricity provider.

Plant Fast-growing Trees

While you install solar devices to cut down energy consumption, one thing to note is that sometimes we tend to use more energy. For instance, we use more cooling appliances in the summer months. Fast-growing trees are now seen in villa projects in Kochi. They will not only make your home cooler but also help you save energy as well as money.

Use Low Energy Appliances

Do you know that your electrical appliances constitute 30% of your electricity usage? As these appliances require a lot of electricity, manufacturers are constantly on the research to replace them with more eco-friendly alternatives. While buying new appliances like air conditioners, washing machines, geysers, water heaters, etc. make sure that they are energy efficient.

Always Turn The Tap Off

Leaving the tap on for a long time can result in a lot of water usage, which in turn can increase your water and electricity bills. Many a time, making sure that you turn off the tap, which can reduce your personal water consumption and help conserve water, a precious and dwindling resource.

CategoriesBlog Real Estate Investment

Home, Precious Home!

The word `Home’ immediately brings to mind, a warm, secure place that provides comfort and solace, a happy place with happy memories. A home is a sanctuary, a shelter, a safe haven, where we all find our bearings, the place where we actually unwind and truly relax after every hectic and chaotic day in our frenzied lives.

Wherever we go, be it on a vacation or on a tour to some exotic destination, there’s a point when we all yearn to get back home. It’s a place we all come back to eventually, no matter where we go. However humble or palatial a dwelling is, we each call it our home. Our home is where we find ourselves, establish our identity and start to develop our personality before going out into the world to blend in and amalgamate experiences with people and places that eventually shape our personalities.

Over thousands of years, across nations and diverse cultures, humans have evolved from being cave dwellers to residing in more refined spaces of varied build types, which are familiar to us today as dwelling units. Our loincloth clad, cave dwelling ancestors too found comfort in their cave homes, as that’s where they found shelter from the formidable weather and wildlife that threatened their existence.

Never before, has collective humanity probably realized the relevance of a Home more than now. The phrase, `Home Sweet Home’, never before sounded so true in its essence. In these times of Covid19, probably the most used and most heard words are, `Stay Home’, `Stay Safe’. Today, our home is where we all find ourselves `locked down’, to save us from a deadly virus!
People may never have considered a scenario when they would be spending so much time at home. But now they have been forced to spend months at home without being able to step out other than for essentials. It may have been an unthinkable proposition a few months back. But today, we are reluctant to leave the security of our homes. Such is the feeling of protection and comfort that our home provides.

In the safety of our homes, we have rediscovered lost family bonds, the joy and warmth of togetherness that we lost somewhere in the insane, berserk ebb and flow of fast life.
Although imposed, the lockdown has, among other things, also succeeded in bringing out the hidden talents in people as they remained in the security of their homes.

Parents have suddenly glimpsed some of the obscure talents of their kids after they constantly shared long hours in each other’s company in the comfort of their homes. Not just kids, parents too found themselves uncovering their long forgotten hobbies, bringing lots of personal joy and satisfaction. Doing things together as a family was never this enjoyable. In our homes, we loved, played, argued, fought and experienced the joys of togetherness and fun filled days, even when the fear of a deadly virus kept us locked indoors.

We cannot think of our home without being emotional. Most of us carry fond memories of our home, as the place we grew up, a space, where we unite and bond as a family, where we have our silly little fights and share the joys of our little triumphs and the pain of our failures with our loved ones. This precious place that we call home, is what connects us with the world and defines our place in time. Our home, is where our story began…

CategoriesBlog Real Estate Trends

Top 5 Real Estate Trends in Kerala, 2020

The real estate market in Kerala has been showing many positive trends of late. Kerala has always been at the forefront of infrastructure development in the country. With the background of a fast-growing economy and rapid urbanization, the housing and commercial real estate landscape of Kochi has seen an upward trend over the last few years. This is expected to continue in the current year as well. This has led to the flats in Ernakulam becoming one of the most preferred investment options.

These facts can be read along with the rise in demand for luxury flats in Kochi as well as other parts of Kerala like Thrissur, Thiruvananthapuram, etc. 2020 has witnessed many innovative projects that explored the requirements of modern living and contemporary architecture. These innovations were a breath of fresh air into the real estate market in Kerala. Here are the top 5 latest real estate trends in Kerala that homebuyers should keep in mind before investing.

Technology has Transformed the Market

The construction business has developed in a humongous way owing to the technological prowess that has improved over the years. For instance Digitalization is the brilliant technology behind the transformation of the real estate market. People from various places are following Digital tools for their convenience. Therefore, Technologies can make rapid changes in Real Estate Market.

Sustainable and Green Homes are Gaining Importance

Green housing projects that leave a minimal footprint on the environment is gaining huge popularity, especially among the younger generation. We live during a time where climate change and environmental hazards are frequent topics of discussion. Governments and individuals are doing their maximum to minimize the damage to the environment, and to promote a sustainable lifestyle. Thus more and more builders are focusing on developing eco-friendly flats and villas, by paying attention to each step of the process, from procuring raw materials to creating sustainable designs.

Interior Designs are Becoming Functional

In 2020, interior designs are not just about being elegant. They are becoming more functional to suit the needs of the homeowner. As mentioned above, environment-friendly designs are in vogue, and thus interior designs are becoming more sleek and minimal than it used to be. The clutter-free look is now preferred by more people for their homes. Builders and interior designers are following the suit by implementing contemporary design language to attract the millennial homebuyers.

Security is Gaining Importance

While most of the latest apartment projects in Kerala are already offering adequate security services to homebuyers, this is becoming more important in 2020. Homes are becoming smarter and more sophisticated regarding the matter of safety. For instance, many contemporary flats in Maradu, Edappally, Thrissur, etc. have introduced the latest technologies like smart locks and security automation systems. These features are in addition to the traditional methods of employing security personnel and doormen.

Gated Communities are Preferred More

As discussed above, homebuyers are increasingly becoming concerned about the security of their homes, and the amount of security offered by gated communities is unparalleled. Moreover, most gated communities are synonymous with luxury, and thus luxury homebuyers prefer gated communities more. These luxury homes offer premium amenities along with enhanced safety by smart security systems. Gated communities also offer more space to take an occasional stroll and to relax, unlike apartments that are raised in smaller areas.

CategoriesBlog Home Buying Guide

Tips to Save up for Your First Home

If you have been thinking about the first home by now, then you have reached the right place. You may be currently renting an apartment or maybe living with your parents, and you might think you have a lot of time. But it is important to take the first steps of moving into your very own home. If you are seeing yourselves in one of the luxury flats in Kochi in a few years from now, here are some of the most practical tips that will help you to save up for your first home:

Figure out how much you’ll need to save

Before beginning to save up for the down payment, you will need a clear idea of how much you will need to save. Firstly, sit down for a meeting with a mortgage lender, who will help you with the details regarding how much loan amount you are eligible for. As a general rule of thumb, your housing expense should not be more than 28 percent of your monthly income. For instance, a person buying an apartment will have to arrange the down payment, and along with it, you should also consider other costs like registration fees and furnishing costs.

Find the best way to save for your down payment

Since the money you are saving up for your down payment has a definite purpose and should be able to be arranged in specific time-frames, you should make sure that the money is saved appropriately. That is, it should not be saved in risk type investment vehicles like stocks. It is best to deposit your money in safe vehicles like a savings account. It is a fact that you may be able to earn more by investing in high-risk vehicles, you may lose your money in the process.

Set up an automated savings plan

If you are planning to invest in a flat, it is really important to automate your saving process unless you are a saver by nature. You should start a payroll savings plan that will automatically cut the money from your account without you knowing it. This is great to avoid the temptation to spend the money on purposes. Start a savings account exclusively for your home fund, and allocate a certain percent of your salary to directly go into the savings account.

Build flexibility into your savings plan

It is very important to build flexibility into your savings scheme, while you are looking forward to buying any villas or apartments, whatever the size of the down payment is. This is because, as you are saving up there will be other demands on your finances. Those may be unexpected costs like major car repairs, uncovered medical expenses, over even the temporary loss of a job. Therefore, you will have to be prepared when these costs happen. Make sure that you have an emergency fund before you start saving for your down payment.

CategoriesBlog News & Events

Kochi Can Be The Next Real Estate Hotspot – NDTV

Kochi is all set to become the next preferred real estate destination in India, with mushrooming luxury flats for sale in Kochi finding several investors and buyers. Small nuclear families have even started preferring luxury villas owing to the availability of affordable villas for sale in Kochi.

Here are a few reasons why there is a real estate boom in Koch

1. Inclusion in Top 20 Smart Cities

Kochi ranks 5th in the top 20 cities identified by the Govt of India. An investment of almost 2000 cr is expected for infrastructure development and pan-city solutions. The ‘Smart City’ tag will boost prices favoring the real estate developers who are acquiring land in and around Kochi.

2.  First Tier II city to propose and commission a metro rail

With successful commission of part phase I from Aluva to Maharaja’s College, it is a new feather in the cap of Kochi. Areas like Companypady, Vytilla, Kalamassery and Ambattukavu will be the main beneficiaries and witness of increased land prices and demand in the coming years.

3. New International airport terminal

Cochin International Airport’s new international terminal inaugurated in 2016 has boosted foreign trade and tourism, elevating the real estate market to a whole new level.

4. Venue for submarine cable landings in India

Kochi is one of the venues for submarine cable landings, boosting IT and ITES industries. This eventually increases demand for residential, retail and offices spaces in the city.

5. Home to India’s first Global Hub Terminal

The International Container Transshipment Terminal at Vallarpadam is a premier port gateway to South India thus opening up trade opportunities and industrial developments.

6. Tourism growth

The steady increase in demand for hospitality related real estate holdings like hotels and resorts owing to continued tourism growth is another main reason for the real estate boom in Kochi.

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