Move-In Ready Discover Ready to Occupy Flats in Kochi
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Move-In Ready: Discover Ready To Occupy Flats in Kochi

Abad Builders is a leading developer in Kochi who constantly innovates to meet the needs of the discerning home buyer. With a focus on convenience, stability, and modernity, Abad builders has delivered innovative residential projects in Kochi that have made a mark in the real estate landscape of Kerala. They are known for their modern design concepts and contemporary architecture visible in their ready to occupy flats in Kochi.

This blog discusses their current flats for sale in Kochi and how they have carved a niche in the home buyer’s minds.

1. ABAD Inspirations

ABAD Builders’ high-rise air-conditioned luxury apartments overlook the lush surroundings of Kochi. This spectacular edifice provides you with a lifestyle like no other. The stunning development is 12 floors high at the premium location of Kaloor. A world-class rooftop swimming pool with a spectacularly landscaped garden makes it the next level of luxurious living. The two units of spacious 4-room apartments on a floor, well-equipped with all the amenities and features provide you with a new and more comfortable lifestyle.

2. ABAD Reflections

An exclusive apartment project from ABAD Builders offering 20 swanky and spacious apartments in Kadavanthra with 2 units on each floor caters to a privileged and enviable few that desire the best quality, ambiance, and luxury.

These super luxury apartments in Kochi are located at the cusp of Kadavanthra & Thevara. The limited edition extra large 3, 4, and 5-bedroom flats in Kadavanthra offer scenic backwater views.

3. ABAD Oasis

Nestled in one of Kochi’s fastest developing regions, Edappally, ABAD Oasis promises to provide residents with a tranquil and peaceful haven from the hustle and bustle of the city. ABAD Oasis flats in Edappally is Set on 81.61 cents of land & offers 95 units of 2,3 and 4 BHK ready to occupy flats in Kochi spread over G+18 floors, that beautifully blend style, luxury, and substance. Inspired by the principles of fine living and planned by Kerala’s first CRISIL-rated builders – ABAD, the best builders in Kochi this apartment complex elevates urban living to a new level. Each apartment unit has been carefully planned so that only one wall is shared between apartment units. Such ingenuity in our designs enhances the natural ventilation and light in each unit.

4. ABAD Golden Oak

Golden Oak, a Premium Lifestyle Apartment strategically located in Maradu, presents an ideal home for those seeking to move to Kochi’s fastest urbanizing residential areas. This Luxury Lifestyle apartment in Kochi, offers 14 floors of premium 2 BHK, 3 BHK, and 4 BHK ready to occupy flats in Kochi, each with sophisticated living space and lavish modern lifestyle facilities. Indeed, one of the highlights of Golden Oak can be found in its exclusive Club House located in a separate stand-alone house outside the apartment complex.

All these are ready-to-occupy apartments with some of the best 3 BHK flats in Kochi.

Tips For Investing in High-Return Rental Properties
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Tips For Investing in High-Return Rental Properties

Investing in the Kochi real estate market is a wise decision. The city is one of the fastest-growing cities in India and it is also a top real estate market. The demand for rental properties is expected to be high in the coming years due to the influx of professionals demanded by the rapidly growing IT and allied industries. However, one cannot just invest in any property in Kochi. A property that will generate high rental returns must be carefully chosen by following certain tips.

Let us discuss these below:

1. Property location

The location of the property will determine the rentals it will earn. For high-return rental properties, one must look for localities that are already established as main hubs or those that have high growth potential. Investors can search for flats in Kochi in hubs of Kochi like Kakkanad or explore new locations like Edappally which have a potential for future growth. Tenants will usually choose locations that are easily accessible and have all the basic amenities and facilities.

2. Connectivity

The property should be well-connected to different parts of the city by road or rail using personal or public transport. Tenants usually look for a property that is easily reachable to and from their workplaces. The property should be close to or easily accessible from business districts, IT hubs, and important office locations. If they are not close, they should be easily reachable using public transportation.

3. Reputation of the developer

The Kerala real estate market is growing with many developers and builders wanting to make their mark. Choosing a reputed builder is the best way of safeguarding your investment. A reputed developer will have the best construction quality, facilities, and amenities. An investor cannot be spending money on repairs and maintenance within a short span of investing in the property. A tenant will always look for a property that is of good quality and is well maintained.

4. Social infrastructure

Educational institutes, schools, colleges, hospitals, and supermarkets are necessities tenants look for. The presence of these in close vicinity of the property increases the chances of tenants choosing the property. Owners can also charge a premium for the convenience of these properties ensuring a better quality of life.

5. Future growth and appreciation

With the growth of real estate investment in Kochi, many new micro-markets are being formed on the outskirts of the city. Nettoor and Maradu are such micro markets that are poised for development in the future due to their rapid urbanization. The properties in these upcoming locations are cheaper than those in the heart of Kochi. With the growth in physical and social infrastructure, the property prices and the rentals these markets command keep appreciating. By identifying and investing in reputed projects in Nettoor and Maradu early on, one can earn good returns in future.

High-return rental properties give a regular source of income. By identifying good properties at the right location investors can enjoy the benefits of additional income which will keep appreciating with time.

Why Location is An Important Factor When it Comes To Buying Property in Kochi
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Why Location is An Important Factor When it Comes To Buying Property in Kochi

Kochi or Ernakulam is one of the fastest-growing cities in India. It is ranked 5th among 20 chosen smart cities that will receive funding for infrastructure development. The fast-paced economic development is attracting many professionals from all over the country to make the most of the opportunities Ernakulam presents. Hence, the demand for residential real estate is increasing year on year. Builders in Ernakulam are coming up with many new projects in Kochi to meet this demand. Buyers are seeking apartments, flats, villas, and independent houses for residential and investment purposes. The most important aspect while choosing a new apartment is the location. The location determines many factors that ultimately lead to buying a home of one’s choice.

Let us look at these one by one:

1. Locality

The locality is the most important factor that influences the decision to buy a home. Within a location, different localities, suburbs, and districts can be classified as premium, mid-segment, and budget. The apartments in these locations are priced accordingly. For instance, premium localities like Marine Drive and M.G. Road charge a premium for the backwater views and well-developed infrastructure. Kakkanad and Vytilla are localities where builders of Kochi offer budget apartments and villas.

2. Connectivity

Every neighborhood, locality, or suburb in a city may be well-connected or poorly connected to the important hubs. Depending on the ease of connectivity and development of infrastructure in the vicinity, a project can command a premium. Well-connected projects are also preferred by homebuyers and investors for the ease and comfort of living. If located in the city’s center with good connectivity, the value will be higher than that of a property located in the outskirts. Most luxury flats in Kochi are often located close to major hubs easily accessible by public transport.

3. Schools and Colleges

Several options for schools and colleges to choose from give parents one less thing to worry about for their ward’s future. The proximity of the educational institute, especially for children, is always a major factor for homebuyers when choosing new homes. Ernakulam is known to be an education hub with a wide variety of good educational institutes offering professional courses.

4. Healthcare

Hospitals, healthcare professionals, and dispensaries are as essential as any other amenity for a healthy and fulfilling life. One would not want to travel long distances during sickness or waste valuable time during medical emergencies. The closer the healthcare facilities, the better the project value. Be it uptown localities like Thevara and Ravipuram or budget localities like Kakkanad and Edapally, Kochi offers good healthcare options. All these locations offer apartments in Kochi that are preferred by new home buyers.

5. Recreation

A good social life is what everyone looks forward to during weekends. There should be no dearth of shopping malls, cafes, parks, museums, and places to visit within the suburb one is living in. Socializing with friends and relatives should not become a major task because you live in a remote location in the city. Choosing a location with ample avenues for recreation is essential.

The budget is an important factor when choosing a home that is in a locality with the best conveniences and infrastructure. Localities with all the conveniences usually charge a premium while those with limited options are cheaper.

Exploring the Benefits of Gated Community Living
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Exploring the Benefits of Gated Community Living

A gated community is a residential complex with all the amenities and facilities enclosed within the main gates of the complex. Most builders in Kochi ensure the complexes have security and safety measures with boundaries so members are safe and comfortable. Although friends and families are allowed, they do not enjoy the same privileges as those of members who live there.

Let us dive deep into these privileges and understand the benefits of gated community living:

Security and Safety

Gated communities are manned by security at the entry and exit points of the residential complex. All luxury apartments in Kochi facilitate security personnel and surveillance systems like CCTV cameras. These ensure any unwanted entities disturb the members living on the premises. Emphasis is laid on the safety and well-being of children of all ages with the right policies for their entry and exit. This takes away stress parents experience when young children go out of their homes to play or socialize.

Traffic restrictions

In many gated community apartments in Kochi, outside vehicles are not allowed into the premises of gated communities. Moreover, those that are allowed need to register themselves in the records maintained by the security agency. The movement and speed of vehicles are restricted to avoid any untoward incidents. These rules are commonly adhered to strictly in most gated communities ensuring the safety and well-being of residents.

Community Living

Gated communities create a sense of belonging and connectedness among members. The members can socialize on special occasions and festivals forming a bond. Most gated complexes are cosmopolitan these days where festivals like Holi, Ganesh Chaturthi, and Deepawali. The bonds formed over the years help in supporting each other every day and during crises if any. Information exchange helps parents and their growing children to make the right choices and decisions.

Amenities and Facilities

Using amenities like a swimming pool and sports facilities creates bonds among the members and friendships among children. Networks and social connections are always useful in a social set-up to deal with challenges that members may face or to have good times. Children can learn social skills at social events which may not be possible in isolated buildings.

Exclusivity

Gated community complexes in Kochi offer privacy and exclusivity of a different kind. It could be a township property in Kochi or one that has luxury villas for sale. The members of these gated communities spend their weekends in style. They have access to many different amenities which offer a host of activities they can indulge in. Weekends are like short vacations when one can get together with friends and enjoy a group activity like sports or dance tutorials. If you want to be alone, you can choose a book from the common library and lose yourself as you stretch on a hammock. The choices are endless.

As we can see, living in gated communities has many advantages that improve the quality of life by many folds. These advantages ensure residents enjoy a safe and fulfilling life.

Importance of Property Insurance
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Importance of Property Insurance

Property Insurance provides protection of the property in case of unforeseen events. Like any other insurance, by paying a premium, the property is insured for a fixed sum in case it is damaged in unusual circumstances. It is a means of protecting your investment and mitigating risk. Commercial and residential properties are protected against events like natural calamities, theft, accidents, etc which can damage the property and cause financial losses.

Let us explore the importance of having property insurance:

Protection against natural calamities

We are aware of the ongoing climate change and the impact it has on the environment. The frequency with which drastic natural calamities like floods, famines, cyclones, and tsunamis across locations is increasing every year. The heavy rains causing floods in Mumbai, cyclonic rains in Chennai, and landslides in Uttarakhand are a few instances amongst many others. These calamities pose a significant threat to real estate properties as they cause serious structural damage if not complete destruction. By having property insurance one can be insured against these natural calamities and protect investments.

Theft and Vandalism

Robbery, theft, and vandalism cause serious damage to property. Especially, property owners who own high-end properties are under constant threat of such events. The losses incurred can put a significant financial burden on restoring the property. Having property insurance can protect the owners from financial losses due to these events and the burden of restoring the property can be shared.

Protection against third-party damages

Accidents happen unannounced and if someone gets hurt in the property premises the owner is liable to medical expenses and damages. Property insurance insures you against such incidents by providing liability coverage, legal claims, and compensation that may arise. It is best to have property insurance that will protect against such unforeseen events.

Rental Property Protection

Property owners who rent out their properties can face difficult situations like damage caused by tenants, non-payment of rent, or legal disputes. Property insurance provides protection for property owners by safeguarding their income and protecting them from these events. The owner can be assured of their income without incurring financial losses.

Property insurance offers comprehensive protection to the structure and contents of the property. The premiums are affordable when compared to other forms of insurance. They provide a one-stop solution for multiple contingencies ensuring all-round protection coverage. Insuring your property thus becomes a smart move to protect your property against most uncertain events ensuring peace of mind for the owners.

Why It Is Beneficial To Invest In Real Estate From A Young Age
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Why It Is Beneficial To Invest In Real Estate From A Young Age

The early bird catches the worm. The early investor earns high returns. Like anything in life, investments too when started early from a young age give the best returns. This is because investments for longer periods have the advantage of time. The longer the asset exists the greater it appreciates in value. Real estate like any other asset keeps appreciating over time, at least in the current scenario. The Kochi real estate market is one of the fastest-growing markets in terms of value and size. So, investing in this property market will be highly lucrative.

Let us delve some more into this:

1. The Luxury of Time

Investing from the time you get your first job can prove to be extremely profitable in the long term. The long period of staying invested will earn high returns by making the most of the market growth and compounded returns. As the liabilities during this period are low, young people can take calculated risks. They also have more time for research to find the best investing opportunities and make the most of them. There are many property investment opportunities to choose from the various projects being developed by builders in Kochi.

2. Easy Loans

It is easier to get a loan to invest in flats in Kochi when you are young. You can get a longer tenure and the advantage of lower EMI payouts on home loans. You can also repay the loans faster by making bulk payments whenever possible and reducing the amount of interest you pay. At the same time, you are also going to earn a rental income on your real estate investments as well as enjoy the appreciation in its value.

3. Early Break Even

The power of time will allow you to break even early on your investments. Your income from your profession and the rental income together will help you break even sooner. Once the payment liability on the invested property is completed you can earn a regular monthly income on your property. By recouping your investments in the property, you will earn a sizeable incrementing return on your property.

4. Large Retirement Corpus

Whatever your plans may be for early retirement or world travel, a well-planned investment for a long period can make them true. By choosing the right property to invest in, be it commercial or residential, investing in real estate in the present market promises good returns in the future. By starting in your mid-twenties you can rest assured of significant corpus earnings on your investment by your mid-40s and early 50s. This will give you flexibility to pursue your personal life goals.

Financial planning and investments over long periods are time-tested strategies for maximizing wealth. Starting early when you are young gives the biggest advantage of time which directly translates to wealth accumulation.

The real estate market is now booming in the Tier-2 and Tier-3 cities. The property rates are comparatively low in these cities when compared to the metros and Tier 1 cities. By investing in these properties from an early age one can make the most of the growth in the markets and the long period for which they will stay invested.

Investing in Residential Real Estate in Kochi
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Investing in Residential Real Estate in Kochi, A Smart Choice

A city known for its immense natural beauty, rich cultural heritage, and ideal tourist location, Kochi is emerging as the economic capital of the state of Kerala. Some serious developments in commerce, infrastructure, and industry have boosted the real estate landscape of the city.

Let us look at the factors that are responsible for Kochi’s emergence as an ideal location for real estate investment:

One of the top 20 smart cities in India

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 the development of 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 special focus on Kochi is bound to improve investments in the city that will boost real estate development at a fast pace.

Economic drivers

The Kakkanad technological cluster and Cochin Special Economic Zones are initiatives taken up by the government to develop Kochi as an industrial hub to boost IT and other industries. The Cochin International Airport’s new international terminal with operational metro and upgradation of the seaport is poised to attract global companies and cargo-based businesses to set shop in and around it. The metro rail will improve connectivity and travel time from Aluva to the key micro markets within the city ensuring real estate development in surrounding areas. These initiatives will drive the demand for residential properties, savvy office spaces, and retail properties.

Growing real estate market

Kochi’s real estate market has seen one of the highest growth amongst Tier 2 cities in India. The boost in infrastructure development, expanding economy, and growing population of skilled workers are reasons for the growth of the real estate industry in the city. There is potential for high returns on investment in real estate with a good scope for rentals. Builders and developers in Kerala consider Kochi an important market. The flats in Kochi are being developed with a vision to match international standards.

Tourism destination

Kochi sees an annual tourism influx equalling 4 times its population. It sees Indian as well as foreign tourists, of which foreign tourists account for 14% making tourism a major industry in the city’s economy. The city’s effort in transforming into a tourism hub will lay the groundwork for the development of hospitality and allied industries.

Infrastructure development backed by economic development has traditionally boosted the real estate industry. Kochi is on the path to becoming a major economic hub in South India and investing in the city’s property market is definitely a smart choice.

tips-on-how-to-choose-the-right-real-estate-agent
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Tips on how to choose the right Real Estate agent

Are you looking for an apartment to buy or rent out in Kochi? That means you will also need to look out for the right real estate agent. This process is more time-consuming if you are new to the place. To start with you need to know the Builders in Kochi in terms of their work, goodwill, quality, and diversity of projects. Be it completed, ongoing, or the news – you have to have your homework done.

Conduct Your Own Research

Real Estate Agents are good at presenting their clients with a lot of information. Such practices are quite common in the real estate business. As a client looking for flats in Kochi, you should take the time to know more about the property or place they are interested in. They will make claims like “The property value will increase sharply in the immediate future so you have to buy it immediately” or regarding other projects in the nearby area. Instead of absorbing the agent’s words as such, think a little further.  You should understand the estimated price of the land, any issues or problems in the nearby places, etc. 

Also, it is best not to depend upon a single agent. You can get a better picture and idea by speaking to multiple agents and this will help you make a better choice. Moreover, it is better to visit some property listing websites to understand the prevalent prices in the concerned area. You can make use of websites like 99acres.com and Olx as well. Although there are other such websites available, not all of them are genuine. 

Discuss the agent fees

Most of the agents are quite hesitant when it comes to discussing the agent fees in the initial part of the deal. Even if you insist upon it, they will ask to discuss it upon the completion of the deal. This is a tactic for them to command a fee in proportion to the value of the deal. Moreover, it could lead to a lot of disputes down the line as well. So, it is best that all the discussions regarding the agent fees are completed upfront. If you can’t reach an agreement with the agent regarding the fees, it is best that you opt for another agent.

Ask Your friends and family for recommendations 

If you are finding a tough time narrowing down a real estate agent, then you can always look to your family and friends regarding their experiences with real estate agents. The real estate sector has always been quite hot in Kerala and someone in your close circle might have been involved in a real estate transaction recently. Also, agents recommended by your friends and relatives are much less likely to charge extra fees from you as they would like to maintain the fruitful relationship they have with their initial clients. 

Discuss with the recent clients of the agent 

An easy way to determine whether the agent is good for you is to communicate with his recent clients. You can ask questions regarding his capabilities, personality, and behavior. You should also enquire if they faced any issues in the transaction due to the agent and how the agent responded to such issues. Moreover, you can also ask them about the kind of fees the agent expects to receive and whether they were satisfied with the work of the agent ultimately. This will help you to decide whether the agent is a match for you. 

Verify the Agent Credentials

It is always a good idea to check the track record of the agent regarding the sales he has done. We recommend choosing an agent with a good reputation. You should ask the agent to give an overview of their apartments in Kochi and the locations they work in. If possible, then ask for references too. A reputed real estate agent will furnish the same with no second thoughts. If the agent has a personal website or social media profile, then you can get a good idea about his previous works and how credible the agent is. Evidence is more important than speech and you should be judging the agent with their work rather than their words. Besides, it is better to avoid agents who do not prefer to meet face-to-face or avoids providing key information regarding the property. You should not rush into any sort of deal if the agents are not providing key details. 

Verify the Agent License

This is one thing that most people tend to ignore. In fact, there is a license required for real estate agents in Kerala. They have to register with the real estate regulatory authority (RERA) before conducting any sale. Moreover, you can connect with concerned authorities to see if there are any pending cases or disciplinary proceedings against the agent. We would recommend you have a copy of the agent license. This is because if you run into any issues regarding the sale, the license copy might be a lifesaver. 

Decide on the selling strategy

Another important detail is to ensure that you and your agent are on the same page when it comes to strategies to be adopted while selling. You need to decide on the number of showings, whether you will do an open house and the expected price. Moreover, the marketing tactics have to be decided as well.

Understand the scope of the agent

Real Estate Agents deal with two kinds of people-the buyers as well as sellers. The buyers would prefer the price to be lower while the sellers would like to command a price as high as possible. Therefore, you must discuss with the agent to see if he has any allegiance or affiliation with the other party. It is best that the agent is neutral as this would make for a fair transaction. Else, there is a very good chance that the agent sides with the seller to gain a price as high as possible so as to gain a big commission fee. 

CategoriesBlog Home Buying Guide

5 Efficient Ideas for Your New Home

Perhaps you’ve lived in your home for a considerable period of time and it’s finally, an ideal time for an upgrade. Or you may be assembling a new house without any preparation and need to make something wonderful.

Either way, you would be searching for ideas to make your space fun, functional, productive, and green. In many apartments in Kottayam, residents are often in a dilemma as to where do you go for these ideas for the design of your new home? The answer is that you could begin following expert home builders and interior designers for getting their feedback, or you could simply read on.

Hopefully, you would have chosen to read on because you are going to discover 7fabulous ideas on what you should add to your home to build a unique space for you.

USB wall charger 

Many recently built flats in Edappally come with wall outlets that have USB spaces nowadays.  However, regardless of whether you already have a completely built home, they’re a fantastically worthy option that is simple to include for somebody with a touch of electrical experience.

Steam shower 

These showers not just have medical advantages like helping you to unwind, installing one will probably raise the value of your home. Also, they are amazingly green. While regular showers utilize seven gallons of water for each minute, steam showers utilize just one.

Impact-rated windows 

For instance, If you are living in a waterfront region where storms are normal, windows like these are legally necessary, yet, for those living in different zones, there are numerous advantages to using impact windows. For example, they offer improved security, decreased noise, and better energy efficiency, making them a wise investment.

Outside theater 

An Outside theatre is incredible as it can be done in a low-end, DIY way (utilizing a projector and straightforward open-air seating), or you can go hard and make a genuine performance center in a space designed for projection and built-in seating.

Secret rooms

Do you like privacy? Along with doors, have some shelves assembled that open to allow you to go from one room to another.

Window seats

What’s better than having a seat by the window where you can curl up with your favorite book and spent the day reading? A seat by the window is a useful expansion to any new home or rebuilt project. Moreover, it can also be used as a storage space.

Stair shelves

In many flats in Kottayam, stair shelves are a popular way to make use of your space. They are great because of the utility along with adding a fun and funky design aesthetic to your home. Stair shelves are hence always a great idea.

CategoriesBlog Home Buying Guide

Owning a home in 2021 is possible

Our own home is the dream of every person.  The presence of a home shows the social and personal growth of the person. Today the government is trying to provide all the necessary support by working along with the developers for every citizen to fulfill their dream of achieving a self-owned home.  As a result, the first step from the government side is the affordable housing policies put forward. Today, builders in Kochi are putting efforts to layout affordable projects in their business. As known, the middle class is huge in the Indian community. So, the developers are trying to spread their business to this class realizing the importance of their dream. Nowadays the developers are trying to bring a balance between luxury and affordable projects.

Government Support to you

With affordable housing policy, reduced interest rates, and better package from the government; its time for the homebuyers to achieve their dream. We always know Indians save for the future, in terms of gold or money. But today’s generation thinks real estate is one of the better investment options. Buying out a home or flats in Ernakulam is a huge decision for every person. With proper policies and planning, the real estate sector would help you to achieve the best deal.

Efforts from the Real Estate Developers

The new home buyers and those who had put the investment plans on hold due to the lockdowns are now coming back to the market sector. This pandemic situation had made the developers come up with attractive deals and discounts for the home buyers to achieve their dream projects or apartments in Kochi. Also, many residential festive offers are in place with affordable pricing and are attracting new home buyers to the real estate sector.

Use of Better Technology

It is seen that in the upcoming time more use of digital mechanisms would be there as technology is advancing. Though, the work from home trend has come up with an initiation towards online tools. Today, builders are coming up with more digital capabilities with tools like 3D cameras, ProTech facilities, etc. Such a form of advancements has made the brands convince and sell during the lockdown process. Today homebuyers could virtually see the space without stepping outside from their area. Thus, giving priority to your health too. Creating virtual tours, displaying floor plans and 3D views are made possible by the real estate developers for better customer understanding.

A Final Thought

The builders are trying every way to satisfy each customer’s needs and expectations this year. Homebuyers trust developers who customize their offers and find better solutions to every concern raised by the customers. So, the year 2021 is one of the best times for every new homebuyer to make their home dreams come true and seek comfort in their new deal. So, why are you waiting? Start investing in a new home. Let your home dream come true. Consider this as the apt time to have your own home.

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