CategoriesBlog Real Estate Trends

Two Attractive Property Investment Destinations in Kerala

Kerala has been known for long as an attractive tourist destination. But over the years Kerala has also emerged as a hotspot for property investment. This is primarily due to the continually improving state of the economy of Kerala, which has gone beyond only tourism. For both businessmen and for job seekers, Kerala has emerged as a very attractive destination to live in, work, and also plan for their future by investing in property. Let us look at two examples of property hotspots in Kerala.

Ernakulam is the commercial capital of Kerala. It is the mainland business district of the historical town of Kochi. Ernakulam is buzzing with entrepreneurial activity, and is the commercial and business capital of Kerala. Cochin Port and shipyard as well DP World have fast tracked the commercial activity in this city. Tourism still continues to be a big draw, and most tourist packages for Kerala start and end at Ernakulam, whether the tourist is arriving by train or plane. It is no wonder that the Lulu Shopping Mall, one of the biggest in Asia, is situated in Ernakulam. Ernakulam is part of the North South highway corridor, and therefore enjoys superb connectivity to other parts of the country, and now even has its own metro railway system. It is no wonder, then, that investors are rushing to buy Flats in Ernakulam or Villas in Ernakulam.

Another upcoming destination for potential property investors is Kottayam. It is the administrative capital of the state of Kerala. It is commonly called the city of three Ls – Letters, Latex and Lakes. It has been the center of Malayali literature for ages, and is also regarded as the hub of the Kerala rubber industry. The buzzing commercial activity in Kottayam makes it so attractive to property investors. Therefore, purchasing Apartments in Kottayam is a sound investment decision.

CategoriesBlog Home Buying Guide

Top points to consider while buying a new house

Are you looking to buy a house of your own? Then you must be really jubilant as you will be getting the dream home that you have always wanted. Buying a home is one of the most important investment decisions that you can take in your whole life. Therefore it is necessary that you make your decisions carefully and get the home that is just perfect for your own self and your family. While there are plenty of good choices for flats in Ernakulam, you may want to find a home that is more specific to your needs.

Here are some tips for you to consider while buying a new house.

One of the first things that you will need to do is to find a reputable and trusted builder who can offer you the most beautiful homes. It is always a good idea to settle for a builder with an established market presence as you can be sure that the builder is sure to ensure top quality construction. Although these builders might charge you a bit more, you can be sure that you are investing in quality.

The location of your new home is another important thing that you need to give much thought. The location that you opt for should provide you with optimum security and safety for your family. It should also offer you easy access to various types of infrastructural facilities such as retail outlets, parks, education centers, technological amenities and entertainment areas.

The home that you buy for yourself should have rooms that are large, spacious and airy and provide with plenty of natural light. They should also have the perfect designs that can allow for easy interior decoration.

CategoriesBlog Real Estate Trends

Why Kochi is the best place in Kerala to buy an apartment

Over the last few years, Kochi has been on the spotlight for major real estate development. Numerous local builders and real estate firms that have pan-India influence have chosen to set up their projects in different parts of Kochi. This has also opened up great options for people who are looking to buy apartments in Kochi. There are many factors that drive the real estate market of Kochi forward. These include ambitious and visionary Smart Cities Mission, great infrastructure technology, a well developed Metro corridor, tourism and airport, and seaport are all likely to improve the quality of life for people in Kochi.

In the light of such developments, it has become an incredibly attractive idea for people to come and live in Kochi. Kochi has got numerous neighborhoods that are just perfect for both nuclear and joint families. Even if a person is looking to stay alone for work or other purposes, Kochi has a lot to offer. The neighborhoods in Kochi offer excellent access to modern day amenities and well-developed infrastructure that can make life really comfortable. The flats in Kochi are designed to provide people with a world-class living experience. Not only they feature some of the finest facilities and amenities but they also offer a range of other services like interior design support and rental support.

Apart from the location highlights, Kochi offers a wide spectrum of job and business opportunities for professionals and common people. Transportation facilities through road, rail, water, and air channels made Kochi easily accessible from anywhere and it resulted in the development of industries and infrastructure around the area. Nowadays, Kochi is one of the rapidly developing cities in Kerala and a favorite living destination among Keralites.

CategoriesBlog Real Estate Investment

Why investing in apartments is a good idea

Have you ever considered investing in an apartment? If you haven’t yet done so, you should know that getting an apartment for your own can be a really wonderful idea in itself. Currently there are many real estate firms that are offering apartments in Kochi and you can easily get a good apartment that can be a home to your future generations. Here are some of the reasons as to why you should consider investing in an apartment.

Buying an apartment is a major investment on its own. You are not only doing it for yourself but also for your family. When you have an apartment for them, you children and future generations can take peace from the fact that they won’t need to find a home for themselves as they have already got a nice one.

The rental prices of home are steadily increasing all over India and in many cases landlords demand a staggering price from the tenants. You may have to pay advances that go up to 6 months or 1 year when you choose to rent an apartment for the first time. When calculated for many years, the costs of renting a place can get really high. On the other hand, you may need to initially spend more when you are looking to buy an apartment, but at the end of the day you can save a lot of money as well.

When you get an apartment of your home, you won’t have to enter into serious conflicts with your landlord who may not provide you with the space and freedom to live your life in your own way. Therefore, an apartment may provide you with the peace of mind that you have always wanted. It is due to such facts that many people are nowadays choosing to buy flats and villas.

CategoriesBlog Home Buying Guide

Three Basic Criteria While Choosing Real Estate To Buy

So, you have saved up your money for putting down that deposit for your dream home, got the bank loans lined up, and are now all set to choose the home you will buy, after which the bank guys would begin processing your loan. To ensure that your hard earned money doesn’t go to waste, there are certain things you need to consider.

The location of your investment is most important. Because of the commercial potential and also the higher resale value of the property, it is always a good idea to choose a location that is vibrant and is set to grow. You will, therefore, see, more people choosing to buy Apartments in Kochi than in smaller towns, unless there is some family or personal constraint they have.

The next thing to consider is which part of the city you will buy your property in. For example, if you are buying Flats in Kottayamthen you need to be aware of which parts of the city have easy access to all amenities like hospitals, schools, markets, restaurants, banks etc. The general hygiene and upkeep of the area must be good and it should have a healthy mix of residential and commercial properties.

You need to also be aware of the quality of the builder or promoter from whom you would be buying your property. If we consider the example of Ernakulam, you will find a number of builders offering to sell you Villas in Ernakulam, but only a builder who has a good history of completed projects and a strong reputation in the market can be trusted to offer you the right value for your money.

It is not enough to have money to buy your home of choice, you also need to invest your time to sift through all options and choose the one most suited for you.

CategoriesBlog Real Estate Investment

Why Real Estate Is A Great Investment

The laws of demand and supply govern every activity of our life, not just economics. Whether it is the stock market or gold or real estate, prices and demand and the supply – they all have a relationship with each other. People flock to a particular commodity if its supply is less, whereas if the supply increases, then the demand for that commodity also reduces, along with its price.

But real estate, by its very nature (with land in the world being limited, and being used up daily, is one area where the supply keeps on diminishing over time, and therefore demand is always there. If you have an apartment in Kottayam or any other city of South India, you can easily sell it at a great price because there will be always demand for it. Let us look into real estate in more detail.

The best option in real estate is to buy villas and apartments in places which have continued growth, and then wait for the prices to rise so that you can make a neat profit by selling it. Or you can also use the owned property as your home. However, buying land plots is not a good option because if you are doing the construction by yourself, then you need to spend a lot of time with the architect, contractors, and laborers. In today’s hectic times, not many would be able to spare that kind of time.

So if you want to profit from the great investment opportunity of real estate but don’t have time to have your home constructed yourself, then you need to purchase ready made flats from reputable builders. A promoter or builder with an impeccable reputation will give you the happiness of a great investment without any of the hassles.

CategoriesBlog Real Estate Investment

Amenities In The Neighbourhood That Make Your Property Valuable

When we choose a flat to buy, we usually spend all our time in assessing the features of that flat and the project. But we should also pay some attention to the neighborhood and see what amenities are missing or inadequate. Here are a few things you should check out.

  • Infrastructure – The approach roads to your locality as well as the roads in and around the area make a big impact. Your relatives wouldn’t like to visit you often if the road leading to your locality if full of potholes. A potential buyer will never be willing to buy at a reasonable price if the infrastructure is unsatisfactory.
  • Markets – The flat should be in an area where articles of daily use, like vegetables, fish or groceries are easily available, and also for special purchases, some bigger shops or malls are within easy reach.
  • Education – If you are buying flats in Kottayam, for example, then the flat shouldn’t be too far off from good schools or colleges, so that the children do not waste a lot of their time traveling to and from school every day.
  • Work – Kochi has more than a hundred IT companies now, and there are offices all over the city. But when you are considering flats in Kochi, you must assess which area has most of the offices, and how far your flat is from those areas.
  • Hospitals – Your living space should be near to hospitals to meet the medical emergencies. Even though hospital is not a day to day need but proximity to hospitals can save your life in case of emergency
CategoriesBlog Real Estate Trends

Advantages of Apartment Living

When you start thinking of buying your own house, one decision that seems very difficult is whether you should go for an individual house or purchase an apartment or flat in one of the projects in your city.

Having your individual house does offer some advantages. You can build at your own pace, according to the money you have. You could have the designs made uniquely, as per your taste and choice. Such a house does offer a lot of privacy. And finally, you can choose the option of having gardens and lawns in your house if there is enough space.

But there are so many more advantages of going for an apartment. In case you want your house in Kochi, then buying one of the apartments in Kochi will be so much more convenient. You don’t have to run after the contractor or negotiate rates with the labors, and you won’t have to spend time and energy negotiating the best rates for raw materials. Once the house is made and you start living, an apartment offers so many common facilities that you can use, like swimming pools or gyms or playing areas. You are assured of security and any visitors to your house will be screened by the guards at the gate. At any location, flats in Kottayam for example, the housing society usually has 24×7 power backup, the cost of which is included in the monthly maintenance you pay. Living together in a community with other flat owners gives you a chance to network with others, and provides your children company with whom they can play and study together.

Apartment living has several advantages, and if you can select the correct builder, you will be able to get a home which provides a great lifestyle to you at a price that is reasonable.

CategoriesBlog Real Estate Trends

Kochi – The City of Future

The first Indian port where the Europeans landed was Kochi. It was then a small town in South West India which was colonized by the Portuguese. Later on it was captured by the Dutch and then by the British, who gave it the name Cochin. Kochi is the new name of this city. But among the high rises and villas in Kochi, one can still spot some old buildings showing Portuguese heritage.

Over the last few years, Kochi has changed beyond recognition and is today one of the fastest growing cities of the country. The prime driver behind this transformation in the city is the information technology sector. Almost a hundred IT companies (mostly providing IT services) have already set up offices in Kochi, and much more are on the way. These companies not only provide direct employment, but their presence has a trickle-down effect (torrential effect, actually!) on the city’s economy. The other sectors have a good representation in Kochi as well. The infrastructure here includes a ship repair facility, a CNG terminal, and a bunkering terminal as well. Kochi port boasts of an international cruise ship terminal. There are lots of good schools and universities, along with modern hospitals and attractive shopping malls.

With an educated population, lots of employment opportunities and superb infrastructure, Kochi seems set to become the city of the future. The other bigger cities of India have already expanded to unimaginable levels are now literally bursting at the seams. Whether it is a company wishing to set up a new office or factory, or whether it is an individual looking for a job, Kochi is becoming the destination of choice for the future. Real estate is therefore booming here, and several reputable builders are coming up with new projects to build flats and apartments in Kochi.

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