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Author: ABAD Admin

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Top 3 Latest Trends in Interior Designing- 2019

By ABAD Admin,

We saw many pathbreaking trends in interior designing this year and an interesting trend is that designers are expressing more affinity towards nature compared to the past few years. There are also elements of extravagance, joy, and nostalgia in many design trends of 2019. Many builders in Kochi are stepping away from the tech-obsessed decor trends which we saw dominate 2018, as interior designing trends in 2019 are notable for embracing natural elements, maximalism, bold colors, and fresh take on classic styles. Get ahead of the curve by following these latest trends while designing your home. Here are three fantastic interior design trends of 2019 to take note of:

More of Nature

This year there is a heightened interest in biophilia, that is, emphasizing the relationship between human beings and nature. Interior designers have found fresh ways to establish a connection with nature. Recently, natural and organic materials such as wood, stones, and plants are heavily incorporated into the interiors of many flats in Kochi to emphasize a feeling of bonding with nature. Handicrafts are gaining importance and the use of natural materials like wool, cloth, and linen is gaining popularity in design schemes. Wood finishes and sustainable handmade pieces will be seen more in 2019. These trends can be seen as our unconscious solution to go back to nature and peace in this technology-driven society.

Bold Color Tones

Color tones have really taken a major shift from the past years in 2019. If pale and formal color tones were the trend in 2018, this year, most designers suggest bolder colors for interiors. Warm and feminine tones like dusty pink and neutrals are in the vogue, while tiring shades are completely out. Also, traditional floral patterns are coming back. This classic decorating trend has been around so long, but this year, florals have been thoroughly refreshed and modernized enough to see floral patterns in a new light. Creating drama seems to be a rising trend, and more use of bold and jewel tones are a fad now. According to interior designers, the deep green is presently one of the best selling colors.

Maximalist Designs

Maximalism is making a return to interior designing after a long time. Warm colors, organic shapes and a lot of the seventies inspired styling are trending now. Earth tones, wood, and artisanal lighting are becoming prevalent in 2019. The dominance of minimalistic design and neutral colors is finally declining. Designers are not afraid to mix colors, patterns, and textures. Scattered simple photo frames are no longer interesting, and large single paintings are back. The walls of many new luxury villas in Kochi are made dramatic by adding large-scale pieces. The hotel-inspired beds are out, and canopy beds are trending. People are seeking out the ultimate comforts and traditional design elements are back in a big way, along with plenty of fabric and texture.
2019 is all about the return of the Boho trends, and everything bold and colorful. Designers have started to care about nature. Likewise, eco-friendly decor items and crafted products are gaining popularity. People are tired of formal designs, and contemporary styling while they are not ready to skimp on comfort. Even velvet furnishing, curved sofas, and canopy beds have returned as a result of the focus on comfortable furniture. Gender neutrality is another amazing trend, and thus more blushes and pinks are in vogue. On the whole, there is an inclination towards nostalgia as everything good and old is coming back. These new trends seem to be really exciting as sustainability is what we need the most at present, and who doesn’t like a bit of nostalgia!

CategoriesBlog News & Events

New rules for CRZ (Coastal Regulation Zone)

By ABAD Admin,

The new rule of CRZ has increased the concern of those looking for apartments in Kochi. The detailed account of the implications and must-know points of CRZ are discussed here.

The Kerala Coastal Zone Management Authority approached the apex court aggrieved by the judgment of Kerala High in 2016, where the court while allowing writ petitions of some builders in Kochi, held that the latter could not be penalized for the failure of the local bodies in complying with statutory provisions.

While overruling the Kerala High Court judgment, the apex court pointed out the importance of the Coastal Zone Management Plan (CZMP), which it said had been prepared to check construction activities of all typed in the notified areas. The Supreme Court observed that the High Court has ignored the significance of the approved CZMP.

“Uncontrolled construction activities in these areas would have devastating effects on the natural water flow that may ultimately result in severe natural calamities,” the court observed.

What are CRZs and why are they important?

The CRZ is the buffer zone between marine and territorial zones which includes sensitive ecosystems like the shore, wetland, mangrove, mudflat seagrass, salt marshes, and seaweed ecosystems. The Union Ministry of Environment and Forest released the Coastal Regulation Zone (CRZ), in 2019 opening up the coastline of the country for construction and tourism activities.

New Rules 2019

The new notification could result in the reduction of No Development Zones (NDZ) significantly. This may pave the way for a construction boom along the coastline. The tourism sector is to benefit from the relaxation of the NDZ. Tourism activities could be undertaken in the designated areas to be identified by the State and included in their respective Coastal Zone Management Plan, according to the notification.

Most of the recommendations of an expert committee which looked into the concerns of coastal States and various stakeholders, relating to the CRZ, 2011 notification were incorporated in the new notification, according to CRZ experts. The notification has classified the CRZ 3 areas based on the density of population. Areas with a population density of 2,161 persons or more per square km, as in the 2011 census will become CRZ 3A and construction activities could be undertaken towards the landward side. All other CRZ 3 areas with a population density of less than 2,161 persons per square km will be designated as CRZ 3B and development activities will be permitted beyond the 200m mark from the High Tide Line towards the landward side.

The notification has covered all the backwater islands and islands along the main coast and a uniform NDZ of 20 m from the High Tide Line towards the landward side has been put in place. All the coastal States with such islands will prepare Integrated Island Management Plans and get them approved by the Ministry. The new notification will come into force in these islands only when the plan is formed. However, the concerns of the green activists regarding unbridled construction of flats in Kochi and activities on the coastal areas need to be addressed. Experts raised concerns that the new notification failed to acknowledge the issues of global warming and sea-level rise.

CategoriesBlog Real Estate Trends

Benefits of Buying Under Construction Flats in Kochi

By ABAD Admin,

In recent times, buyers of apartments in Kochi seem to have a heightened interest in ready to move in projects. However, under-construction flats are not any less in quality or cost as compared to the former. If you act with due diligence on the project in terms of developer, location, price and other related aspects, under construction projects can offer higher value appreciation than ready to move in projects. Some of the few advantages of buying a property in an under-construction project are listed below:-

  • Higher appreciation: Since you are buying at a lower cost, the value appreciation is expected to be higher. As the construction progress, the price of your property also increases. For high returns of the investment, buyers should check the location, upcoming infrastructure, etc. The value of the property increases from the time of booking until the buyer is delivered with the completed project. Therefore, the value increases over a period of time. Logically one may think that a ready possession flat for sale in Ernakulam will also increase in value, but the quantum increase during the under-construction stage would be at a higher rate.
  • Less cost: The cost of a property is one of the prime aspects of a buyer. An under-construction property will cost less than a ready to move in property. Moreover, buyers get the option to interfere in the cost management of the construction. The wait may be longer but it is surely worth the cost. With the RERA (Real Estate Regulatory Authority) in place, developers must deliver on time, and if they do not, they are liable to pay compensation to the buyers. You should deal with a reliable developer and choose a good project. One should not buy a property because the cost is less. Post RERA there is an added advantage of booking a unit in an under-construction project. The buyer is safe. The biggest advantage is that the price point is low while you invest and it grows in value over a period of time. Also, one can choose the unit of one’s choice in terms of unit number or location within the tower’s layout.
  • Payment flexibility: While buying a completed property in any flats in Kochi the buyer has to pay the entire amount at one time. There are registry cost and other miscellaneous expenses as well. However, you are paying only ten to fifteen percent as the booking amount when you buy an under-construction project. You pay EMIs to a bank in case the property is financed or else you can pay as per the construction plan. There is flexibility in terms of payment and you do not need to arrange a huge sum to buy an under-construction project.
  • New construction: Under construction projects offer you new construction. You are getting a property that is newly constructed and has a long life. Buyers need not worry about maintenance for a long time while moving into a new property. You are spending a great amount of money and there is no point in going for a property that is old. You get more amenities at an affordable cost.
CategoriesBlog News & Events

ABAD Builders has taken over Tanzeel green project, Pulleppady

By ABAD Admin,

After the successful completion of Si Westfort Garden, Thripunithura, ABAD Builders is all set to take over another project Tanzeel Green, Pulleppady. This B + G + 4 floor project consists of 22 apartments of 1 bed study, 2 BHK and 3 BHK units. Project is nearly 50% done, and Abad has taken over the same in February 2019 to complete in the next 6 months. Few units at attractive prices are available for sale as well

CategoriesBlog Real Estate Trends

Increasing Demand For Real Estate In 2 Tier Cities

By ABAD Admin,

The action in real estate industry is now slowly shifting to smaller cities thus taking off the pressure from metropolitan cities like Chennai, Bangalore and Kolkata. The scarcity of resources, unaffordable property prices, shortage in natural resources and high cost of living are forcing developers and investors to focus on Tier II cities like Kochi, Vadodara, Jamshedpur and Coimbatore.

The major factors driving real estate growth in Tier II Cities are:

  • With India’s urban population increasing, demand for housing and retail properties is also increasing owing to high disposable incomes and more nuclear families. For e.g. Villas in Kochi has become an extremely popular housing option owing to the high luxury amenities and proximity to industrial hubs.
  • Cities like Coimbatore, Kochi, Vadodara and Surat have made huge progress in the industrial sector. They have become the hub of e-commerce owing due to availability of cheap skilled labor and lower cost overheads.
  • Affordable land and labor is available in these smaller cities. Lower land prices leads to affordable homes and residential units. For e.g. flats in Kochi and Coimbatore have been hot selling and are seen as a major investment option within the buying capacity of a nuclear family.
  • Government policies and physical infrastructures like metro, airports and express highways are rapidly fueling the growth of smaller cities. With more people migrating to smaller cities for work, the demand for housing and office spaces is increasing.

The future of Indian real estate sector lies in Tier II cities, especially after the introduction of Mission Housing for All by the Central Government. This mission helps smaller cities to expand closer to metro cities thereby encouraging planned construction and development. However the key to such a progress is provision of state of art infrastructural amenities and better planned development to attract a prospective buyer.

CategoriesBlog Location of The Month

Kochi Became The IT Hub of Kerala

By ABAD Admin,

Kochi is fast emerging as an IT destination in India. The recent growth in the IT sector coupled with new infrastructure initiatives from the government has made Kochi one of the technological hotspots of the country. Kochi has become one of the major attractive options for corporates looking to expand their business in South India due to availability of affordable and skilled labor.

Right from the inception of Infopark in 2004, an initiative by the Government of Kerala, Kochi has not turned back at welcoming new companies to its forte. Infopark is spread over 260 acres of land with two phases. Notable multinational corporations in Infopark include TCS, Cognizant, Ernst & Young and KPMG. A huge real estate boom was triggered with Infopark attracting major players from all part of the globe. Infopark changed the culture and lifestyle of Kakkanad as a whole with commercial and residential ventures extending the limits of Kochi further north. Villas and flats for sale in Kochi are in huge demand with the real estate market booming like never before, mainly as an impact of IT industry.

Smart City is another initiative which promises a huge push to the IT industry in Kochi. A joint venture by Government of Kerala and Dubai Holding, this project envisions 6.2 million sq ft specifically for IT and IT enabled service sector industries.

Kochi promises to be the go to destination for IT in India due to its well connected transport system, numerous infrastructure projects and its wide-ranging industries. In addition, Kochi offers a clean green environment that gives an excellent alternative to businesses looking to shift from highly polluted and congested bases. Kochi opens its arms wide to migrants looking to start their career in IT industry as it’s a city with a blend of heritage, culture and modernization.

CategoriesBlog Location of The Month

Edapally – Tranquil Life Right in the Middle of the City

By ABAD Admin,

One of the fastest developing areas in Kochi, Edapally is also known as the ‘Entrance to Kochi City” with a little bit of everything Kochi has to offer. Schools, Hospitals, Shopping hubs, Entertainment, Eateries, Metro Rail; you name it and Edapally’s got it!

The Metro Station ensures accessibility to various parts of the city where the two National highways NH 47 and NH 17 join the Kochi Bypass Junction at Edapally. Also intriguing to know is that the National Highway 17 that extends all the way to Panvel, Maharashtra starts at Edapally, providing direct access to major cities across the country.

Amenity wise, Amrita Institute of Medical Sciences, Amrita School of Arts and Sciences are located nearby, so are schools like Campion and the Govt. Vocational and Higher Secondary School, among others. Places of worship, like the centuries-old Edapally Juma Masjid, Edapally Ganapathy Temple, St. George Syro-Malabar Catholic Forane Church are also placed well within Edapally. Other amenities such as Infopark Kochi, Cochin International Airport Limited, Cochin University of Science and Technology are also in close proximity.

Edapally has highly focus the nightlife of Kochi with the advent of Lulu International mall, the largest mall in India that spreads over 17 acres. Lulu contains various National and International brands, restaurants, and entertainment options, making it one of the finest attractions of Kochi. In the picturesque Lulu Campus, you can also find the Kochi Marriott, an upscale hotel which offers many world-class comforts and located just a little away are malls like Oberon, Gold Souk, Nucleus and  hotels such as Holiday Inn and Le Meridien.

With our unerring eye for selecting the best locations for their projects, Abad Builders brings you Abad Oasis in Unichira, Edappally. It is designed to be an island of tranquillity amidst the rush and bustle of Edapally. Come, place yourself in one of the most sought-after localities in Kochi, with immediate access to all amenities, work-places, educational institutions and shopping hubs – a world-class living experience.

CategoriesBlog Project of The Month

Vyttila, Kundanoor flyover; the changing face of Kochi city

By ABAD Admin,

We have all heard the saying ‘No Gain without Pain’, and in any crowded city, the news of an upcoming construction project involving the arterial or branch roads evokes the same thoughts. Kochi is a city that has grown in importance in recent years, and earlier this year, residents felt a mix of happiness and sadness hearing some news. This news involves the proposed flyovers in two areas which see heavy congestion – Vyttila and Kundanoor. The Vyttila flyover had been announced first, and more recently, the civic authorities announced the start of the Kundanoor flyover project.

Kochi is no hamlet today, and its roads carry huge volumes of traffic. For example, Vyttila is the biggest intersection not only in Kochi but also in the whole of Kerala. 3 very important (and busy roads) S.A. Road, Petta Road and Thammanam Road intersect here, and this intersection carries thousands of vehicles every day. Similarly, Kundanoor might seem to be on the outskirts of Kochi as per a map, but because of the presence of two very important hotels in this area (Le Meridien and Crowne Plaza), it is a very busy area. So when the news of flyovers at Vyttila and Kundanoor came in, residents and businessmen of these areas were shocked and fearful of the impact the resulting traffic jams would create.

If we talk specifically about certain flats for sale in Kochi, then ABAD Golden Oak apartments in Maradu will really become very attractive once these flyovers are completed. The traffic on the existing roads will be reduced manifold after the flyovers are thrown open. This will save time for the residents of Golden Oak and also for people passing through those areas. Second, a well-constructed flyover gives a very good look to an area around Golden Oak. Third, the lighter traffic will greatly reduce the traffic mishaps in these two areas, which is a great thing for the city in general and Golden Oak residents in particular.

CategoriesBlog Home Buying Guide

Looking for an apartment for your large family

By ABAD Admin,

When you have a large family, it becomes imperative that you stay in a comfortably sized residence. This allows you and all your family members to live a comfortable life and carry out all your activities without stepping on each other’s toes. If you are looking for flats for sale in kochi, then we have a great suggestion for you. But before that, let us discuss a few things you should be considering when you plan to buy property in Ernakulam.

The first thing you need to decide on is the location or the city you will buy your property at. Kochi fits the bill perfectly, being a perfect amalgamation of the traditional and the modern. It offers tremendous potential for jobs as well as business ventures, which is why so many people are choosing to buy their property in this city.

The location of the project in the city is often an unwanted trade off with the spaciousness you need when you have a large family. If your required square feet area increases, and you also seek a convenient location, then the price shoots up. If you have a budget constraint, then you usually need to compromise on either size of your property or its location. Often, you might need to sacrifice both size and location.

Now we come to your need for a spacious apartment. Abad Reflections is a project from Abad Builders which will fulfil your need for a spacious apartment. It is located on one of the most favored areas of the blossoming city of Kochi. It has only two flats on each floor so that there is no compromise on the space provided. The project has just 20 units, so you know how exclusive your company is when you decide to buy an apartment in Kochi. You have the option of choosing 3 or 4 bedroom super luxury apartments, or you could even go for a 5 bedroom penthouse, ensuring that your family has enough space for all its activities.

CategoriesBlog Real Estate Investment

Why Panampilly Nagar and Kadavanthra Are So Popular With Property Investors

By ABAD Admin,

Kochi has become a favored destination for people looking to invest in property. The reason is that it has now evolved into a commercial and technical hub and offers multiple opportunities for both businessmen and job seekers. The improved standard of living in Kochi is because a number of IT and non IT companies have set up shop here, and more and more professionals and businessmen are making Kochi their home.

In Kochi, the area of Panampilly Nagar is now one of the most attractive destinations for people choosing to buy residential property. The biggest draw of this locality is its convenient location. It is situated just a kilometer from the center of the city, making all amenities within easy range. From its inception in the 1970s, Panampilly Nagar has now grown into one of the most prestigious residential colonies in Kochi. There are a number of reputed builders who have come forward to choose Panampilly Nagar as the location for their apartment complexes, and buyers looking for Flats in Kochi are happily choosing their dream homes here. Abad Cloud Nine and Abad Ikebana are just two examples of these projects.

There is dedicated residents association here, who make herculean efforts to maintain the greenery in this area. There are several shopping complexes, lifestyle stores, restaurants, banks, schools and colleges here. It is no wonder that Panampilly Nagar is also the hub of commercial activity, because of the high spending capacity of the residents in this area. Some of the older Villas in Ernakulam are also getting converted to commercial establishments here.

Another area in the vicinity of Panampilly Nagar that has caught the attention of real estate investors is Kadavanthra. This is a part of Kochi’s central business district, and it also houses the headquarters of the Greater Cochin Development Authority. Kadavanthra is buzzing with upcoming commercial activity on one hand, and posh residential areas on the other. Banks, schools, railway station and airport are all within close proximity of this area.

These two areas are also home to several cine stars, making them very posh and prestigious. With an investment in either of these two areas, you just can’t go wrong, and will see your investment appreciate very quickly.

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