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Three Basic Criteria While Choosing Real Estate To Buy

By ABAD Admin,

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 Kottayam, then 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

By ABAD Admin,

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

By ABAD Admin,

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

By ABAD Admin,

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

By ABAD Admin,

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.

CategoriesBlog Home Buying Guide

Tips For A Healthy Home

By ABAD Admin,

A roof over one’s head is one of the three basic needs of a human being. The day might have been spent in the usual struggles for the other two necessities – food and clothes – but at the end of a tiring day, one needs a place one can call home, where one can come back to, spend a good time in the company of family, and take rest for the next day.

One could either buy one’s own house, or take a flat on rent. A rented flat is cheaper, but the rent you pay every month goes into landlord’s pockets, but no asset is being built up for you with that money. That’s why it is always advised to purchase your own home if you can. If you are living and working in South India, then you will get several affordable yet good quality options to buy flats in Ernakulam and other cities. In case your budget is a little higher, then you could also opt for some beautiful villa projects in Kochi and other cities of South India.

Once you decide to get your own home, and have initiated the process to purchase your home, you need to start being aware of the need to have a healthy home. Before taking handover of your flat, repairs might not be needed. But once you start living, minor repairs now and then might be needed. Please carry them out immediately, because the longer you wait, the more it will deteriorate, and end up costing you more. Make sure the builder installs some kind of a smoke alarm in the house, if not in every room. Doors usually get all the attention but see if your windows have some kind of locking mechanism too, especially if you have a young child.

These simple tips can ensure that your dream home is a healthy home too!

CategoriesBlog Real Estate Trends

Why Community living is the future

By ABAD Admin,

Over the last few years, there has been a rising trend of people choosing to live in towns rather than anywhere else. People moving to cities like Kochi in search of jobs also need homes to live in, be it flats of villas. Many real estate industry insiders believe that township living is truly the future of the residential real estate market. So let’s take a closer look at the factors that are driving people to living in the towns.

  •   One of the reasons why people often choose to invest in the apartments in Kochi is that it allows them to be a part of a global community. Much more than ever before, towns are becoming the hubs for urban community living. This means that people who live in such environments live a luxurious life with the best of comfort and security. The access to world class benefits certainly attracts a lot of people to stay in towns.
  • The towns in different parts of Kerala provide with great scope for living in harmony with the nature. The best part of community living is the interaction with like minded people and this helps to improve the character of a person. Also, living in a city provides opportunities of good education, business and job opportunities etc.
  • Apartments and Villas in Kochi are developed by some of the most trusted residential real estate companies like ABAD Builders. This means that one can expect to have all the world class features and amenities in Kerala while spending time with their friends and family members.
CategoriesBlog Location of The Month

Own Your Signature Apartment In Maradu

By ABAD Admin,

Maradu is one of the most populous suburbs of Kochi and it is a bustling region with a lot of activity. The residential real estate market is quite developed here and the prices of homes in this region are comparatively lesser than some of the other regions of Kochi. Maradu is also easily accessible through road via national highways. Nearby shopping malls, schools, hospitals and hotels makes this place suitable for a living. Maradu has proximity to places like Tripunithura, Thevara, Aroor, Fort Kochi and its a gateway to Kottayam District. This has led to the increased demand of homes developed here that come with a wide range of modern features and amenities. People looking to buy apartments and villas in Kochi often choose to settle down in Maradu for the distinct advantages this area has to offer. The greater proliferation of people in this region from other parts of the country has certainly contributed to the growth of the real estate market in this region.

Currently there is an increased demand for customized apartments in Maradu which has led some real estate developers come up with strategies to cater to such needs. ABAD is one of the most reliable names in the sphere of residential real estate development. For quite some time, the company has spearheaded numerous major residential projects in different parts of Kochi. The residential hubs created by ABAD have been known to combine global real estate trends seamlessly into the classic Indian architectural practices to create homes that are truly one of a kind.

With more apartments in Ernakulam currently being developed by ABAD, the people of Maradu now has greater options than ever before to find their own signature apartments. Not only has this led to a surge of people buying homes in this part of Kochi but it has also resulted in development of premium living spaces in Maradu. The projects that are currently developed by ABAD have already attracted the attention of homebuyers in this part of Kochi who are looking to reside in beautiful and stylish environments.

CategoriesBlog Location of The Month

Discover Your Dream Home in Aluva

By ABAD Admin,

Aluva is a major industrial area in the  Kochi Metropolitan Area and has been known to experience a lot of infrastructural development in the recent times. Aluva is also a major hub of transportation and it offers people easy access to different types of major transportation means. The infrastructural development and various civic amenities like schools and multi-speciality hospital of Aluva has really encouraged people from all parts of the country to come and stay here. This has naturally led to the increased demand for apartments and villas in Ernakulam that come ready with all the modern amenities that one can think of.

In the recent times, numerous apartment projects have been developed by leading real estate companies such as ABAD. These apartments in Ernakulam are designed to meet the highest standards both in terms of aesthetic elements as well as practical benefits. The designers of these apartments take inspiration from global real estate trends and create domestic environments that perfectly cater to the needs of Indian home buyers. It is therefore no wonder that the homes that have been designed and developed by ABAD so far enjoy such massive demand in the real estate market.

People looking for villas in Ernakulam can easily choose from a wide range of options when they are searching for top quality residential hubs at various locations in Aluva. These homes are designed to fulfill the expectations of modern Indian home buyers while at the same time maintaining a global appeal. All of the residential hubs that are created by ABAD also come with a wide range of features and amenities that make living here a comfortable and memorable experience. The homes are large and spacious and have plenty of natural light and air which really leads to a positive and healthy living experience.

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