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Exploring Abad Builders Residential Projects in Kochi

By ABAD Admin,September 25, 2024October 22, 2024

Abad Builders is a leading developer of residential and commercial properties in Kerala. They are known for their modern design concepts and contemporary architecture. Abad builders is constantly innovating to deliver flats in Kochi that meet the growing aspirations of homebuyers. The projects emphasize convenience, stability, and modernity.

The top three residential projects by Abad Builders in Kochi are discussed below:

1. ABAD Woods Park

Abad Woods Park is one of the bespoke, 2, and 3 BHK premium flats in Vytilla, Kochi today. The project is in Maradu near Vytilla, which is known to be the home of some of the finest residential hotspots in the city.

This plush project has 63 apartments covering 2811.00 sq.m. The pristine 2 BHK and 3 BHK apartments are incorporated with the best living amenities that modern professionals seek. Abad Woods Park is amid an eco-friendly atmosphere of well-maintained gardens, and easy accessibility to transport modes, shopping malls, healthcare, and various educational institutions.

2. ABAD Sunrise Park

Glazed in serenity and style, the tower of Abad Sunrise Park stands tall as an exclusive enclave of homes spread across 12 floors. This edifice is bound to delight its owners with its richness and unique architectural design. The 45 comfortably large 3 and 4-BHK homes with best-in-class common amenities and upgraded specifications are examples of comfort.

Peaceful walking paths and meditation gardens provide solitude to stressed minds. Ample spaces on the ground, first floor, and rooftop offer many leisure and recreational facilities allowing customers to entertain their guests and visitors.

With a sky bridge connecting two wings, the terrace offers enchanting features with many soothing amenities for elders, youngsters, and children to unwind and celebrate in the living spaces.

3. ABAD Signature

ABAD Signature has been designed to meet the needs for a comfortable downtime and respect for privacy. This landmark project, strategically located in Kochi’s fastest-growing area, overlooks the serene backwaters and is just a stone’s throw from the NH Bypass.

Offering 4-bedroom homes with efficient space utilization, this exclusive 31-apartment high-rise stands tall for its attention to detail and bespoke luxury. The exclusive layout, with only two units per floor, also offers wide balconies with spectacular views of the backwaters, making for the perfect setting for relaxation and rejuvenation.

Attention to detail is what separates Signature from the rest. Right from the main gate and the driveway leading to the porch and car park, through the double-height elegantly furnished entrance lobbies, to the plush lifts ABAD Signature stands out. The apartment floors, the party hall, the health club, and the swimming pool on the rooftop, are all carefully crafted to delight the residents every day. Everything is designed so that you can enjoy life fully with family and friends and celebrate life every day. Signature is the perfect oasis of comfort and grandeur you could wish for, in a home.

Abad Builders is leading real estate builders in Kochi who have delivered over 44 projects across Kerala to 3000 odd families.

Blog Kerala Real Estate

The Future of Real Estate in Kerala: Trends and Insights from Abad Builders

By ABAD Admin,September 16, 2024October 22, 2024

Several factors influence the real estate market in Kerala. The state is close to large metros like Bangalore and Chennai which have slowed its growth in the past. With the government’s initiatives to improve the infrastructure and economy, Kerala is emerging as a growing real estate market. The booming IT sector has created direct and indirect employment opportunities paving the way for residential and commercial real estate development. It is one of the wealthiest states in India due to the high remittances from the non-resident population living in the Gulf countries who invest in property. The growing tourism sector and consumerism have made Kerala a strong economy fuelling rapid urbanization.

This blog discusses the key trends and real estate insights in Kerala.

1. Development of Cities

The major cities of Kerala – Trivandrum and Kochi are getting urbanized quickly. This is prompting the development of all real estate classes – retail, commercial, hospitality, and residential. Trivandrum’s Technopark and Kochi’s Infopark remain the major attractions for IT-enabled businesses and employees. They generate high housing demand with a ripple effect on the neighboring Thrissur which enjoys good connectivity to both cities. The development of metro projects is driving the growth of new markets in the cities. Student housing is a major opportunity as educational institutes can house only 10% of students on university campuses. This is very low as the two cities have the highest rate of student enrolment for higher studies.

2. Luxury Real Estate

Kochi and Thrissur have thriving luxury residential markets with high demand. The economic development in Kochi and the growing gold and jewels manufacturing industries are attracting attention from the government and private sectors. The growing affluence has resulted in demand for luxury homes, villas, and apartments in these cities. This is expected to grow attracting NRI investments to invest in properties by well-known builders like ABAD Builders.

3. Sustainable Luxury

The increasing awareness of environmental friendliness has made the home-buyer and investor conscious of the properties they invest in. Real estate with energy-efficient solutions and eco-friendly designs are emerging future trends. Green technologies like rainwater harvesting, solar panels, and waste management systems are adopted by many developers in their projects to save natural resources. Smart home technology makes this easier with pre-programmed devices that help in conserving power. High-tech security systems that allow monitoring homes instill a sense of security and comfort.

The future trends and insights for Kerala real estate look positive. Home buyers can enjoy the best lifestyle in the scenic state whereas investors will get a good return in their investment.

Blog Real Estate Trends

Kochi Metro: Impact on the Real Estate Market of Kochi

By ABAD Admin,September 8, 2024October 22, 2024

The Kochi Metro is a rapid transit system serving the city of Kochi and the wider Kochi Metropolitan Region. The construction began in 2013, and the service was thrown open to the public in 2017. There are several firsts associated with the Kochi metro project. It is one of the fastest metro projects completed in the country. It is the country’s first metro project connecting rail, road, and water transport facilities. It is also India’s first metro system that requires minimum human intervention as it uses a Communication-Based Train Control signaling system. The Kochi metro rail system has had a significant impact on the economy and population of the city.

Understandably, it has influenced real estate substantially which will be discussed in this blog.

1. Convenience

The Kochi metro has improved the mobility of people within the city and beyond. The connectivity stretches beyond the corporation’s limits, improving the infrastructure in the adjoining localities. It is an effective means of transport due to its high carrying capacity and faster movement. Working professionals living the apartments in Kochi experience the ease of commuting to work and back home enhancing comfort in their daily lives.

2. New Locations

As the Kochi metro expands, the number of locations where new residential projects are developed has increased dramatically. As these locations connect, the infrastructure also improves allowing them to attract property developers and home buyers. The metro project has driven the development of new educational institutions, healthcare facilities, and retail establishments improving the social infrastructure. All these developments benefit the real estate sector as new residential and commercial developments are undertaken by builders in Kochi.

3. Connectivity

The Kochi metro is designed to connect 23 stations in the city improving the connectivity to various destinations. The metro lines, like the one connecting The International Container Transshipment Terminal (ICTT) near Port Kochi and the integrated transit terminal at Vytilla Mobility Hub, are game changers for the real estate industry. Real estate prices are directly related to urban connectivity and are projected to increase due to the metro. Investors can expect good returns of 10 to 15% on the investments made in projects along the metro project development in Kochi.

4. Property Market

The returns on investment in real estate have improved with the development of the metro. The rental income has shown a positive trend as the metro connects residential locations and commercial hubs. As the metro expands new luxury property markets, like the 4 BHK flats in Kochi, are expected to rise in the new locations. The existing property markets in major hubs are appreciated due to the location advantage. At the same time, new locations offer affordable and mid-segment residential and commercial properties. Top builders like Abad builders are taking advantage of these developments to create premium housing projects.

The Kochi metro project is responsible for improving the lives of the citizens of Kochi by easing connectivity and providing the much-required housing solutions.

Blog Kerala Real Estate

How to Evaluate a Residential Property for Investment

By ABAD Admin,August 28, 2024October 22, 2024

Investing in residential flats in Ernakulam can be a lucrative proposition. Ernakulam is one of the fastest-growing real estate markets in India. The economic growth, rapid urbanization, growing industries like IT and healthcare, and a vibrant social life make the city an attractive destination for people to settle down. And all these factors make housing the most crucial part as people need a place to live. As the demand for housing increases investing in apartments in Ernakulam can offer good rewards in the coming years.

The following pointers should be considered while evaluating a property for investment:

1. Market Analysis

Ernakulam is a growing residential market. Before starting to invest in flats in Ernakulam one should do research on various localities in the cities for investment. Some locations are established as prime locations while others are in the developing stages due to increased infrastructure activity. Evaluation of the expected demand in these locations will make the investment decision easier. For example, investing near IT parks is a good choice as one can expect uninterrupted rental returns.

2. Financial Considerations

The most important motive for investing in property is earning returns. The investor should always aim for property investment that gives maximum returns. Although the real estate industry is growing, and one can earn returns in the coming years, the quantum of returns will vary. The prudent way is to choose a property that will give the best rental yields or returns after the investment. Another important factor is the maintenance costs of the property. The maintenance bills and other expenses need to be factored in while calculating the estimated returns.

3. Location

There is no doubt that some locations will give higher returns than others. Prime locations where the prices of flats for sale in Ernakulam are higher than other locations will not necessarily give better returns. However, by conducting research one can identify upcoming locations that have a potential for high growth within the city. By investing in flats in Ernakulam in Vazhakkala or Aluva which have high growth potential, one can expect to beat conservative returns.

4. Property Condition

The construction and maintenance of the property play a vital role when selecting a property for investment. A property that is well maintained has a better chance of attracting tenants or purchasers. The construction should be of the best quality. There shouldn’t be any defects like cracks or molds which can be a complete deal breaker. The property should have sufficient natural light inside and good ventilation. There should be scope for minor renovation that can enhance the look.

Blog Real Estate Trends

Budget 2024 and the Impact it Made on Real Estate

By ABAD Admin,August 20, 2024October 22, 2024

The Union budget that was presented by Finance Minister Nirmala Seetharaman has a significant impact on the real estate sector in India. The Indian real estate sector is poised to make a major contribution to the country’s GDP in the coming years. It is also a prime employment generator employing thousands of people and securing their livelihood. The policies framed by the budget will have a significant impact on the economy in general.

Key announcements

1. In this budget the housing needs of 1 crore urban and rural middle-class families will be addressed. The government has allocated Rs 10 Lakh crore to create 3 crore additional houses under the Pradhan Mantri Awas Yojna (PMAY). This is expected to increase the demand in the mid-segment and affordable housing segment encouraging developers to construct more projects catering to affordable ready to occupy flats in Kochi.

2. The government will help develop “plug and play” industrial parks in 100 cities to attract investment and encourage industrial growth. These parks will attract industries with ready-to-use facilities reducing their operational costs and time. The government intends to support regional development in strategic locations for increased economic benefit. All these initiatives are set to increase real estate activity in these locations to meet the housing and commercial demands.

3. One of the significant announcements of the budget was the withdrawal of indexation benefits on long-term capital gains. This means that the purchase of the property can no longer be adjusted for inflation while calculating taxes on after-sale income. The tax on the long-term capital gains has been reduced to 12.5 % from 20% but the removal of indexation benefits will increase the tax bills by a significant margin, especially for properties purchased many years ago. The returns on investment will be reduced for long-term property investors due to this move. This is expected to stabilize the property prices due to reduced speculative investments benefiting the first-time home buyer.

Another consequence of this policy will be the slowdown of the luxury real estate market like the 4 BHK flats in Kochi, while the urban rental markets will witness increased demand. Also, the affordable housing segment is expected to grow.

4. The budget has reduced stamp duty charges for women home buyers promoting inclusive home ownership. A progressive move that will motivate real estate developers to target women home buyers with specifications catering to their needs.

These are the key announcements and the impact they are expected to have on the real estate industry impacting builders and developers in Kochi.

Blog Kerala Real Estate

The Rise of Luxury Apartments in Kochi

By ABAD Admin,August 10, 2024October 22, 2024

Luxury living in Kochi is an ever-evolving phenomenon as builders in Kerala are upping their game to win the hearts of luxury home buyers. The residential landscape is changing fast in Kochi as the number of luxury flats in Kochi rises. Aspiring professionals, entrepreneurs, and expatriates have embraced sophisticated living in luxury residences like never before. Kochi offers an ideal mix for luxury connoisseurs with its natural beauty and growing urban lifestyle.

This blog provides a glimpse into the factors influencing this trend:

1. Economic Affluence

The Kochi economy has seen a steep growth trajectory in recent years driven by the IT, tourism, and healthcare sectors that have contributed greatly to the prosperity of its residents. The rising affluence has empowered residents to invest in luxury apartments in Kochi to upgrade their lifestyles. The new-age home buyer demands world-class opulent residences, amenities, and facilities.

2. Aspirational Lifestyle

We are aware that Kerala has one of the highest NRIs living and traveling abroad. The modern homebuyer is exposed to world-class luxury living and won’t waste time in fulfilling the aspiration of living an opulent lifestyle. Luxurious homes, premium amenities, and a thriving social life are the expectations of these home buyers. Builders and developers in Kerala are leaving no stone unturned in alluring them with premium apartments in Kochi.

3. Exclusive Branding

Branded developers collaborate with high-end consumer and hospitality brands in their projects to offer the residents an elite lifestyle. These projects are complemented by high-end amenities like concierge services, high-end security systems, and personalized home services which complement the lifestyle of high-net-worth individuals.

4. Smart Home Technology

Luxury residences are now adorned with high-end technology features like home automation systems, enhanced security features and remote-controlled systems. The luxury experience is taken to the next level by the convenience and automation provided by these systems which can create an automatic ambiance by recording the customer’s preferences. Controlling temperature. lightning and programmed operation of electronic devices are other features of automation systems.

5. Sustainability

An added advantage of home automation is their contribution of enhancing sustainability and eco-friendly features in modern luxury residences. Automated systems help in conserving natural non-renewable resources fulfilling the sustainability aspirations of the new age homebuyers. Green and eco-friendly features are essential attributes of luxury projects.

These are the distinguishing features of luxury projects in Kochi that are transforming the residential real estate landscape.

Blog Kerala Real Estate

Future of Real Estate: Emerging Trends and Technologies

By ABAD Group,July 25, 2024October 22, 2024

The fast-growing real estate industry is undergoing rapid transformation powered by technology. The way property is bought, sold, and used is changing quickly with each passing year and is changing fast. Property builders in Kochi must keep up with these changes to meet buyer’s demands. By understanding emerging technologies and changing buyer preferences, builders and developers in Kerala build projects that boast comfort, convenience, and luxury like never before.

This blog discusses emerging trends and technologies in the real estate landscape:

1. Demand For Luxury Real Estate

The rise of disposable incomes and shifting consumer preferences are influencing homebuyer preferences, especially millennials. They are gravitating towards luxury real estate due to the growing affluence and changing urban lifestyle. They aspire to live in exclusive residential projects with high-end amenities. The potential for high return on investment and increased rental incomes are also pushing investors towards luxury apartments in Kochi. These factors have resulted in a significant rise in the sale of luxury properties all over.

2. Rise of Low-density Housing

Low-density housing options like villas, townhouses, and plotted developments are in demand. These properties with less population use fewer natural resources like water, power, and air. Residents of these properties want to live sustainably by preserving resources like land and water to be in harmony with nature. The land is largely unused in these projects reducing the need for infrastructure and staying away from crowded cities. Builders in Kerala are responding to these trends by introducing well-planned low-density projects emphasizing open spaces, lush greenery, and exclusivity.

3. Smart Homes

Smart homes are built to make residences convenient for the owners by using technology to automate various activities within the home. Smart thermostats, efficient lighting, and the use of solar energy have helped in conserving power and reducing utility bills. Enhanced security features, remote control of home appliances and devices, and automatic control features are changing the living experience in the new age of smart homes.

4. Virtual and Augmented Reality

Prospective buyers can now take virtual tours of properties from the comfort of their homes. Virtual reality tours give buyers a seamless experience with property details in real time. They can have a good understanding of the properties, examine the details closely, and get a good understanding to make their decisions without having to visit the property. Augmented reality enhances the property experience by overlaying digital information onto the physical surroundings to envision their future home.

These are the trends and technologies being adopted by property developers in upcoming locations like flats in Vytilla. Combining technology and emerging trends in real estate most residential projects will keep evolving to meet the demands of the discerning customer.

Blog Kerala Real Estate

Step-by-Step Guide to Under Construction Projects in Kerala

By ABAD Group,July 16, 2024October 22, 2024

In Kerala, where the real estate market is flourishing, opting for an under-construction project comes with numerous advantages for potential buyers. Builders in Ernakulam employ various strategies, such as enticing brochures, attractive offers, flexible payment options, and competitive prices, to attract a wide range of buyers. Despite the alluring offers, home buyers must exercise caution and conduct thorough due diligence before finalizing any deal.

Below, we explore crucial steps to ensure a seamless process when purchasing an under-construction property in Kerala:

1. Extensive Research

In the many projects in Kerala, developers offer diverse properties at varying price points. Extensive research of under-construction projects in Kerala forms the foundation for shortlisting potential properties that align with your expectations. Consider factors like location, price, configuration, and provided facilities when narrowing down your choices while selecting apartments in Ernakulam.

2. Legal Due Diligence

After shortlisting suitable projects, the next step involves ensuring clear titles and proper paperwork related to land and government approvals. The selected property should be free from legal disputes. The builder must possess all necessary permissions and certificates from authorities allowing the construction work to proceed.

3. Approvals and Permissions

Confirm that the builder has obtained project plan approval, outlining essential details such as project layout, the number of units, and building floors. Ensure the builder adheres to the approved plan of the flats for sale in Ernakulam without engaging in any unauthorized construction that may compromise the project’s designated open spaces.

4. Developer’s Track Record

Assessing the reputation of the builder becomes paramount when considering an under-construction property. Since judging builders solely on future promises is challenging, examining their track records and reviewing feedback from previously constructed flats for sale in Ernakulam is a good strategy for gauging their credibility.

5. RERA Compliance

According to the RERA Act, the selected projects in Kochi should be registered under RERA. Cross-check the developer’s claims and promises on the RERA website using the provided RERA number. RERA ensures adherence to strict timelines and provides a redressal procedure for buyers in case of grievances or disputes.

6. Property Pricing

Homebuyers should be informed about property prices in different locations in Kochi. Evaluate the project’s property prices based on its locality, considering the potential savings associated with booking under-construction projects in Kerala. This stage also allows for negotiations, providing additional benefits to buyers.

7. Payment Schedules

Developers typically offer flexible payment options for under-construction properties. Understanding the payment schedule, which often involves a 10% (may vary) initial deposit and subsequent payments spread over several years, is crucial to managing the financial burden effectively. Studying the payment schedule in detail helps avoid surprises later.

Approaching the purchase of an under-construction property in Kochi with diligence and care can lead to a rewarding investment. By conducting thorough research, ensuring the credibility of the developer and project, and being well-informed, homebuyers can confidently invest in a property that aligns with their aspirations.

Blog Real Estate Trends

Impact of Smart Home Technology On Property Value

By ABAD Group,July 8, 2024October 22, 2024

Smart home technology integrates various home functions to control, automate, and monitor them remotely using technology. The technologies include smart thermostats, lighting, security systems, voice assistants, and appliances. As these devices integrate the home functions to give a seamless experience to the resident enhancing their comfort and convenience many folds, their impact on property value has been significant.

This blog explores how smart home technology is impacting property values:

1. Increased Demand

The tech-savvy millennials and younger home buyers seek the latest technology when they invest in their homes. The convenience, luxury, energy efficiency, and enhanced security features attract them. They are ready to pay more for these futuristic features improving their quality of life. Ready-to-occupy flats in Kochi have all the features pre-installed before the residents can get possession of their homes.

2. Energy Efficiency

Efficient systems that reduce utility bills lure the new-age home buyer as they achieve dual goals of savings and sustainability. Smart thermostats can reduce utility bills by understanding the heating and cooling preferences of the residents. Smart lighting can save power by optimizing the usage depending on the patterns. The new-age home buyer is ready to pay a premium for these efficient systems.

3. Enhanced Security

Smart security features like remote monitoring, app-based locking, and unlocking, instant alerts, and doorbell cameras enhance the safety and security of the homeowner. These features play a role in enhancing property value, especially for high-net-worth individuals. Many apartments for sale in Kochi come with these advanced security features.

4. Convenience

Smart homes offer the ultimate convenience to home buyers. From controlling home devices remotely to giving voice commands, comfort and convenience is an exclusive experience. 3 BHK flats in Kochi command a premium to offer these conveniences. These are highly attractive to younger home buyers who are willing to pay a premium.

5. Investment

Smart homes are future-ready and will not require significant updates after some years. These homes are more appealing to the homebuyer who may use their home as an asset. These homes have higher market value with a good demand from future home buyers. They can also earn a higher rental return if the buyer decides to rent it out.

Smart homes are here to stay and most homes will be equipped with at least the basic smart home features if not the advanced ones. The convenience offered by these homes and the status of living in an automated residence lure more home buyers to invest in smart homes.

Blog Real Estate Trends

Understanding The Real Estate Market in Kochi

By ABAD Group,June 29, 2024October 22, 2024

Kochi is the Queen of the Arabian Sea for its natural beauty, scenic views, and rich cultural heritage. It is a top choice for domestic and international tourists and has been ranked sixth among the top tourist destinations of India by Nielson. According to McKinsey Global Institute, Kochi is one of the top 28 Indian cities that will be a part of 440 global cities, making up 50% of the world’s GDP by 2025.

Infrastructure

Kochi has been identified as one of the 20 smart cities by the Ministry of Urban Development, Government of India through a competitive selection process. This means that the city will get a special focus on developing planned and improved infrastructure. The focus will be on E-Governance, water management, power supply, sanitation, solid waste management, efficient urban transportation, and IT

Connectivity.

The city is well connected to the rest of the country and world by air, road, and rail. The domestic and international airports, state and national highways passing through it, and railways give access to all major hubs and cities within the state and country. The network of roads in the city is the principal mode of movement of transport within the city.

Economy

The Kochi Refineries, Kochi Shipping Yard, Eloor Industrial Estate, Kakkanad technological cluster, and the Special Economic Zones are the major hubs for industrial activity in the region. These regions are responsible for major economic development in the city and account for more than 450 IT companies and 250 companies from other industries. The demand for housing and commercial real estate is fuelled by these developments forecasted to keep growing in the future too.

Real Estate Scenario

There are several reasons that the Kochi flats for sale are preferred. The city is rated as one of the safest cities to live in India. The booming IT industry is attracting many professionals to migrate to the city as living in Kochi is affordable. These factors are responsible for the rapid development of the real estate sector.

The builders in Kochi are developing residential and commercial real estate to meet the growing demand. From budget to luxury apartments, independent houses, and villas in Kochi, the home buyer and investor have a range of choices offered by leading developers. Most of the ready-to-occupy flats in Kochi have the best amenities and facilities that meet international standards. 2 and 3 BHK flats in Kochi are the preferred configurations by home buyers and investors.

The pricing for residential homes ranges from ₹2000 to ₹9000 per square feet depending on the locality and type of projects. Some of the major locations are Kakkanad, Edapally, Kaloor, Thevara, Aluva, Panampilly Nagar etc. Kochi is a major hub for real estate and is poised for growth in the coming years.

Exploring Abad Builders Residential Projects in Kochi

The Future of Real Estate in Kerala: Trends and Insights from Abad Builders

Kochi Metro: Impact on the Real Estate Market of Kochi

How to Evaluate a Residential Property for Investment

Budget 2024 and the Impact it Made on Real Estate

The Rise of Luxury Apartments in Kochi

Future of Real Estate: Emerging Trends and Technologies

Step-by-Step Guide to Under Construction Projects in Kerala

Impact of Smart Home Technology On Property Value

Understanding The Real Estate Market in Kochi

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