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. 

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.

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.

Maintaining a healthy work-life balance is an important factor in having a peaceful, pleasant, and satisfying life. Nowadays, people follow a busy work schedule like meetings, overtime work, discussions, travels, presentations, etc. This continuous process irritates a person’s mental and physical health. All the people are searching how to improve work-life balance. Living in flats in Edappally can help with a better work-life balance. There are so many positive factors for apartment life. It offered a positive state of mind. During this Covid-19 pandemic, peace of mind is one of the main requirements for work from home employees. The work-from-home option also affected negatively for many. The continuous hours of work affect their personal life more. Their work-life balance can be affected due to a lack of good social life, no outings, no other entertainment options, etc. The given below are some tips to improve your work-life balance.

Relax After Work 

The apartment has so many facilities like walkways, parks for stress release and relaxation. Walking through the beautifully landscaped parks, gardens, and green-surrounded parks will help you to mood change and give relief from tension. Keeping some time helps to relax your body and mind after work. It helps to forget the worries. You can utilize the time with family. Most of the apartments consist of a swimming pool, games room, gardens, etc for relaxation. It will maintain the work and personal life.

Fitness Centre 

Sitting in front of a computer for a long time is bad for your health. The body will weak due to a lack of exercise. Most people didn’t get time for exercise due to their busy schedules. Another advantage of living in an apartment is the facilities like fitness centers, yoga rooms, jogging facilities, etc. Then you easily make this a habit for your daily life. And exercise becomes a part of your daily routine. A happy refreshed mind and a healthy body will refresh your mood and work life.

Live in a Classy Community 

People who live in close communities are always happier than others. The community helps you to make friendships and participate in various events, celebrations, and occasions. Some apartments conduct events, hobby classes, yoga classes, etc for the resident’s engagement. So you can participate in all the events for entertainment and enjoy a well-balanced lifestyle. Also in case of any emergency, neighbors are ready to help. Well-maintained community life is needed for a blissful life.

Maintenance Support 

It is very difficult to call the maintenance person when any damage happens in between your office work. Another most commonly seen issue is a power failure and water supply. But in flats in Ernakulam, the caretaker will monitor all these issues and do the needful in such a situation.

Handling all the activities with your work is very difficult to handle. So people living in the apartments don’t have to worry about this kind of issue.

Parks & Outdoor Spaces 

The apartments consist of parks, green outdoors, and gardens. The natural atmosphere gives a lot of positive vibes to relax your mind and body. It is very important in your busy work schedule. Nowadays most of the flats are constructed with wooden interiors, gardens, play areas, etc. These facilities do not only benefit you but are also beneficial for kids also. Kids also get space for play and make themselves happy. The flats have a high-security system. So do not worry about the children also.

These are the few methods to improve the work-life balance of working professionals. A work-life balance not only minimizes overtime work but also reduces stress and becomes refreshed. A life of comfort is the main reason for many working professionals to select flats in Cochin. It is part of a healthy and happy life.

Is a flat resale on your mind? Surely, the apartments for sale in Kochi have to put a lot of thought while making a sale for any flat in Kerala. If you purchase a flat as part of your investment plan, it is great, but makes you take the following points into consideration while buying a flat from the Builders in Kochi. We will walk you through the essentials of flat purchase and resale in Kochi.

Commute Accessibility 

Even if you are purchasing a premium villa or a flat in Kochi within a gated community, the commute convenience is a big factor. It should be easily accessible to the nearby malls, hospitals, public transport and easily accessible on the main roads.

Secure Neighborhood 

While selling your apartments for sale in Kochi, the safety factor is to be well-thought, So, even if your apartment is a bit pricey, if it is situated in a good, safe location, future sales will be possible. This is particularly useful for resale to families and single women with children.

Lifestyle Amenities 

Ensure that it matches your lifestyle. Choose vicinities where you have nearby schools, clubs, and it should be easily reachable to workplaces zones in Kochi like the Infopark. Today, a flat for sale in Kochi will be sold only if it matches the middle-income groups of society. You may not have to visit all these places every day, but a casual walk to a nearby park for children and elders is surely an attractive point. In metropolitan cities like Kochi, people love to choose flats that are not amid traffic congestion and chaos. You will be able to charge higher rent for the ambience and security your flat promises at the time of the sale.

Landscape 

With the hidden dangers posed by nature nowadays, people check for the occurrences of various issues in the area. So, henceforth builders in Kochi should ensure that the place remains safe from floods, lightning, fire, earthquakes and is also prone to political fights or chaos. A good resale can be executed only if the new client hears no complaints about the flat owner and the area. So, make sure you exhibit goodwill – if you aim to get a lucrative resalable value for your apartment in Kochi.

Building Fixtures 

Now, if you are looking to purchase flats, first you would see if the fixtures within the apartment and building are intact and of premium quality. While considering apartments for sale in Kochi, people look into good apartment service, plumbing, backup power systems, transport and parking facilities, etc. Along with this, ensure that the building management is approachable and the rent and other services are handled with total transparency.

To Sum Up 

Of course, there are plenty of red flags that you need to look into while selecting a flat for sale in Kochi, but we have listed the most notable factors for a quick read. A good investment with wise decisions can help you live, and even earn a stable income for your future generation.

Each home is a dream of a buyer, with a state-of-the-art kitchen or a fully remodelled master bathroom; for which a perfect buyer looks. Staging your home through showings and promotional materials is the best foot forward to make the potential buyers come to view the property or flats in Cochin.

Staging your home is preparing a property for sale showcasing a home’s best assets and selling it quickly for the highest possible price. Just putting up a sale won’t work but you have to take extra steps to make a sale. Home staging has become a popular way to increase a home’s selling price in a short time period.

Selling a home that’s been occupied for many years staged to sell can reap more rewards than the one not staged. The prospect of selling the home is to prepare and stage the home, also doing some simple upgrades like arranging furniture, simple cleaning and the removal of day-to-day living items and decor to reach another buyer pool and see the potential. It can also involve some financial investment – like painting, improving the landscaping and adding furniture and plants to give an idea to the buyer of what their new home or flats in Kochi would look like. In short, it will be an advantage if you take the extra step of staging your property.

Still, there remains something more you need to know regarding the same.

The exterior look 

The exterior is the very first impression, if not good at the first sight they may walk away without finding out what the interior looks like. Make sure to consistently maintain the lawn and landscaping and give a fresh coat of paint. Add accessories like a doormat or wreath on the entranceway of flats in Ernakulam in order to achieve the best price.

Depersonalise the look 

Your home design might have a unique personal touch and be careful with how much of your personal style shines through in the space. Different groups of people will be viewing your home. Everyone will have different opinions and in order to appeal to as many of these groups as possible, put away statement decorations and opt for neutral choices so that all groups would get satisfied.

Clean look 

A clean home, cleaning every part of the house and everything in between shows good care of the property. Keep the old stuff spotless, sparkle your bathroom, tub and sink and make everything look new.

Sell the space keep the stuff 

Clear out your things to prevent potential buyers from getting distracted, clear the kitchen counter appliances, leave the walls empty and keep them simple as gathering leaves and enclosing them in simple frames. Arrange the furniture so it’s easy for potential buyers to navigate a room and take their attention to the room as a whole; making them pleasing to the eye but not distracting or cluttering.

It is not unusual for a seller to stage their home expecting a potential return and can save you from a costly price reduction. Home staging is considered a marketing technique for flats in edappally that will appeal to the greatest common denominator. Staging neutralises the home, though you may love your collections but can have a negative psychological effect on a potential buyer. Staging is not creating illusions, simply showing the buyer the potential of the home through simple and inexpensive upgrades resulting in higher offers for the seller.

Real Estate is huge money and that is why you need to step into this field with a ton of caution. Since properties are always a prized possession in Indian culture, people love to invest in Real Estate. It is best that you go for the best flats in Kochi so that the value is consistent, the procedures are planned well and yes, you are dealing with building experts who have been known for their credibility.

Whenever you have surplus money in hand, that is lying idle in your fixed deposit, go for a business. For those who are clueless about business or do not know where to start, we would tell you that real estate is always a safe choice. The problem happens when people make blunders by hearing and reading a lot from around their little world. You do not need to deal with hundreds of people or market your property far and wide. Your commodities, which are the flats in Kochi, are your best commodity. It hardly needs a talk or a rethought when it comes to a buy or sale.

We have been in this field for over three decades and our real estate experts hold vast experience. They have seen the trends and changes that have shaped the real estate industry over the years. Here we would like to take you through this thought process of the real estate business. It will help one to understand what factors to keep in mind while you plan to invest in your next real estate property.

Know what you want

Do you have a clear picture of what you need in your own home? What type of flat or apartment in Kochi are you looking for? Which location? How many rooms and what sort of spaces and design is your ideal home? You have to have a mental idea of what you need to look for before setting out for the real estate search. If not, your search will never end and you will be confused. This is because all flats may look beautiful, and the balcony view may look fantastic, but if it is useful, then probably your investment is not right. So note what you need exactly.

Fix you Budget

Money is precious and so think about the amount of investment you can spare for this. To begin, you have to search for advertisements like flat for sale in Kochi and see the amenities and the price asked for them.  Do not put an additional burden on your real estate plans without fixing your budget. This will help you to assess your expenses in the coming years too, and also plan how it will affect your lifestyle Tax payments, and so on.

Understand the trend

The real estate trend will keep changing in every place. If you notice the property prices have a random hike or a sluggish note on the graph every 5-8 years. This could be because of the cost of living, some natural calamities; government laws, the value of money, and even if there are some societal advancements on the go. This will excite or fear people to purchase or sell their property. In India, if you are looking for good property investment, it is wise to keep watch on the trends in your area. The boom and downfalls have to be utilized at the right time if you are prepared for such situations.

Talk to other realtors

In real estate, you cannot run a one-man show and buy luxury flats in Kochi, as knowledge is very limited. Instead seek out the real estate sellers in your area, or town and understand the trends, processes, and areas where properties are available for a buy or sale. If they have properties in hand, they will let you know about the prices too. This will give you an idea of all the paperwork, or legal issues that surround a certain property.

Fix the right price

Sometimes, we have often seen people placing the wrong prices for their properties. This is because they are new in the market, and do not know the real value of the property. This leads to any of the two disasters like overpricing or underpricing the flats. So, when investing in real estate do not think that the seller will know all sides of the business. They could be newcomers. So, it is best to be precautious and do your homework also before falling into the pit. As you know, the money is huge in this game. So, you better know how to work with the industry prices beforehand.

Check the Agreement Papers

This is one of the most fundamental points that we like to highlight. Sometimes, in the excitement of the sale, people do not check the papers of the sale deed. This will showcase the owners, the real price, and the possessions’ rights and even if there is any legal case attached to such property. You do not want to be the owner of a troublesome property for a lifetime.

Managing Finances on Time

Make sure that you have arranged your funds on time for the luxury flats in Kochi that you have in mind, It could be your fixed deposits, or probably a loan. Plus, we like to remind you that you always keep an additional amount for the unlisted expenses that follow in with the travel, and documentation concerning the sale.

Rush the Sales Processes

This is our last point to keep in mind and also one of the most crucial things you need to keep in mind. If you need the best flats in Kochi,  it needs to be searched well, and researched so that you get the best deal for your investment. This needs a lot of time and cannot be done in a day or two. Keep aside the emotions before you start your investment process. This will restrict the owner from thinking logically about what they want, and how to deal with the negotiations at the right time.

Are you looking to invest in real estate at a highly preferred tourism hub in Kerala? Kerala is witnessing rapid growth in the real estate sector and has always been an important trade hub. Owing to many developmental plans, luxury apartments in Kochi, Kerala are a good option for investment.

Now to talk about Kochi, it is the economic capital of the state witnessing a rapid transformation in terms of development in infrastructure. Kochi renders a perfect blend of culture and modern facilities to lead a well-balanced life amidst a beautiful natural landscape.

Is buying flats or apartments a good investment option in Kochi?

If you have a large sum of unaccounted assets in your hand, it’s better to buy such properties in your portfolio to get the advantage of it.

All love shifting to metropolis due to faster infrastructural development and higher availability of jobs. Cochin city is growing at an incredible pace with larger IT hubs creating enormous career opportunities. The heavy inflow of NRI funds caused the booming development at a lightning speed with many more job openings and most families’ surplus income is used to invest in flats in Kochi.

To buy a property at the prime locations from the best builders in Cochin with the asset value appreciation in the future can enjoy the lease/rental income accrued out of it. A very high rate of monthly returns from such properties has conveniently positioned in the most happening residential locations of Kochi city.

Why Always Kochi?

Kochi has been in the spotlight for major real estate development and many prominent builders have chosen to set up their projects in different parts of Kochi. This has also opened up great options that drive the real estate market of Kochi forward with great infrastructure technology likely to improve the quality of life for people in Kochi. It has become incredibly attractive to have a neighbourhood that is just perfect to stay alone for work or other purposes and also Kochi offer excellent access to modern-day amenities that can make life really comfortable. The flats in Kochi are renders a world-class living experience and offer a range of other services like interior design support and rental support.

Apart from the location highlights, the wide spectrum of job and business opportunities, and transportation facilities through road, rail, water, and air channels made Kochi one of the rapidly developing cities in Kerala and a favourite living destination among Keralites.

Buying flats involves essential planning. Location is one of the supreme features to evaluate upon to live with your family and if have to consider one, Kochi is an ideal location. Kochi has a good number of flats and apartments provided with the amenities of your choice. In Kochi, you can meet different people apart from their natives thriving for a better job and better education. Choosing the best flats in Kochi would become an apt decision as Kochi is the city of the future.

Benefits of Buying Flats in Kochi

Luxury flats and apartments are the main trends seen in Kochi City, especially near the metros or railway stations or near important towns. Many also prefer to opt near schools and institutions that provide top-quality education. Kochi is also the growing IT hub offering several job opportunities and all major services are best accessible in Kochi many from other districts also end up here to get the best benefit of those. Kochi also has many entertaining spots like malls and all where families get great satisfaction to spend weekends opting for Kochi metro for their travelling purpose.

As we all know, Kochi is a fast-growing city with limitless potential, so

investing in flats has to commit after a lot of discussion and care. A huge decision to invest your hard-earned money, in the long run, is a smart choice but on a steady source of income as you may rent it out, and can bring you large profits during a resale. The resale value or rent is also possibly high in Kochi than in any other place, so it adds on as a benefit to buying a flat in Kochi.

Then comes the major concern, the builders. Kochi city owns many prominent builders offering an array of choices for those who are looking for the best flats in Kochi. They can also come up for you with the budget flats at Kochi, one of the wise choices to opt for in the expensive city. The trustworthy builder executives are always ready to help you suggest the best option for you.

Kochi is bustling with traffic and some look on to a busy place for their home but some demand a quiet atmosphere, ideally be far away from all these bustles and yet should be easily accessible to the town. Kochi is the best option for both; with the entire town as busy always and also places not too busy and at the same time but not too detached.

Kochi, not now but always stands for the richness of both culture and heritage making it a sought-after travel and tourist destination. This also makes a good reason for you to enjoy a bit of culture and heritage and carry forward the same in your life with your dream home.
With all modern amenities available on tap, buy flats in Kochi, an ideal location for buying your dream home.

Every human heart is set upon luxury and adores nature. The right boxes on the parameters of luxury lifestyle get crafted in a unique design in the hands of efficient builders. The modern homes include many exceptional features that make them attractive to buyers and 3have seamless connectivity with high-rise well-spaced towers. Luxury flats have been designed with luxurious interiors and modern kitchens such a way well suited for those who prefer to buy flats in Kochi. The elegant towers look magnificent with plenty of space around the property.

Kochi is famous for scenic beauty wrapped with the contemporary urban lifestyle. It scores high rank, being one of the rapidly-growing tiers that have all the makings to be the choice of the millennials. The Smart city tag has been the primary source of the development of the port, all concertedly drawing rapid growth in recent years. The varied options available in Kochi for housing have set up luxury housing projects.

Kochi is well-connected with additional elements to its growth and its location alongside the enthralling backwaters makes it the ideal place for new luxury villas and new luxury apartments to have a peaceful and serene living.

Buying your dream luxury flat has become a real luxury, especially in cities such as Kochi. When you are about to either rent a property or buy a flat is a huge financial commitment and also the key issue of credibility of the builders matters a lot.

To be established with new nomenclatures in the city of Kochi together with a traditional feeling in the luxury model lifts you to the traditional glory of your home. Own a luxury home that defines the real meaning of sumptuousness & dignity to live in peaceable environs you have ever dreamt of with every amenity intended as a luxurious source.

So here we discuss what to look for when buying a luxury apartment and investing your life’s savings.

Connectivity

Connectivity means close proximity to hospitals, educational institutions, railway stations, proposed metro stations, places of worship and shopping destinations rendering a life of bliss. The luxury home you opt-in Kochi should own the best connectivity and easy access to all central nodes and networks. Also the residential location with excellent social infrastructure makes your dream come true.

Comfort

All the flats and apartments have been designed to bring you comfort in every aspect of your life and spacious, well designed and constructed with exactness and focused on quality would bring in extra happiness in your dream home. Get the finest living standard and life of comfort at the luxury flat you own in Kochi.

First-class Amenities and Conveniences

Every homeowner dreams to get equipped with all the modern amenities and all together make it the best buy for the market price. The cutting-edge security facilities and security system at the apartments and flats ensure a secured and safe living experience which is an unavoidable concern to deal with. The premium residential living spaces are expected to be blended with thoughtful layouts and attractive recreational options that will make a splendid start to your new living.

Here we also discuss the things to check before buying luxury apartments in Kochi, around a completely different aspect. Read ahead to know the other different angles to check.

Check on Land

Acquire information related to the land use in the respective government records. See it to verify the same is the legal property for your plan and that it does not have any illegal associations. Go to the local development office to track the complete information regarding the land. You may need to spend your valuable time, but it won’t go in vain, after all everything happens for a dream home to come true.

Check on Bank Approval

Fully funded projects are rare, no builders build with their own money, they do take loans or financial assistance for fulfilling the project. Check on the bank dealings associated with the builders and find out if any of the top banks in the country have approved the project, waving a good sign.

Check the final amount

As we all know, the total amount would remain a top secret always and no broker or real estate agent will tell you the entire amount at the beginning itself. They would inform you of an amount for furnished and unfurnished separately, but a lot of expenses might come your way before you start living and enjoying the luxuries. The external & internal development charges, parking fees, service taxes, and location charges are the few payments you need to consider extra.

Know the Builder

Now it’s time to conduct a detailed verification study about the builder you have chosen to buy the flat from. The builder has to be completely genuine without any legal disputes with the government. You need to be very careful before indulging in a business with someone, so do enquire online and offline.

Size of the property

The apartment builders build the plan to be extra usable in all aspects so that they can get paid for them as they present it to you. The advertisement for a super-built-up area would be practically implemented on the building space. So always find out the real core area you are buying so that you don’t pay for the extra unusable space. Visit the place and explore the part of the property you buy before making a purchase or an agreement.

Go visit the location

Go visit the location of the apartment or flat and know the surroundings and neighbouring areas as the brochure of the apartments never depicts the real surroundings. Explore the site for the best flats in Kochi & talk to neighbourhood residents about the surroundings to know the merits and demerits they have faced while living there and also regarding the safety of the area.

Luxury apartments in Kochi sometimes take some messing up attitudes, perhaps most of the time, it is associated with finance. The mess is usually due to the lack of the right information at the right time. Home has a beautiful and so affirming connection with human beings and a home of your own is a dream not everyone can pursue. Getting closer to the dream means, it should be in a better form than what you have wished for. Our dreams are always taking a reverse gear and we tend to step back due to lack of money. As money is taking an important role in today’s world, even buying daily essentials has been a tough task playing a wild crucial game with us. The ease of financial concerns is always ending up on bank loans and credit products. The banks extend a wide range of financial assistance like Home Loans, car loans, personal loans, and credit cards, which go beneficial to us at some point in our life in achieving different milestones in our life. Besides these, the banks also put forward additional products such as Top Up, Balance Transfer, and overdraft for the users and they would be equally helpful if you know how to tap the maximum out of the available credit offers or your home dream, home loans are the popular choice as financial consideration you can opt for and the home loans provided are to tap a lower rate of interest. The banks also give a better option to transfer your to a different bank with less rate of interest which is basically opting for the Balance Transfer facility.

The home loan interests may vary from one bank to another and a wrong move can mess up your finances big time.

However, one must take care of certain important factors before opting for a home loan and here we share the list of the top 5 mistakes you must avoid while applying for a home loan.

Depending On DSA

Do you really how the home process is being carried out? Every bank owns a DSA or Direct Sales Agent who takes the responsibility to bring in more clients in a month and each such agent will be provided with a target number to achieve as well. It becomes mandatory if it is a private bank and the route to the approval of a loan is through such agents. All employees are intended to help each other and any client approaching the bank will be directed to the DSAs and who will help you in getting the loan approved. Taking ahead the procedure, you need to write down the transparent picture of your dream home and after the DSA will forward the loan application to the higher authority and so it goes. Here, have got done a better study of the terms and conditions involved? Thus the first mistake happens even without your notice. DSA does not give you the full picture, so ask them, to understand it well before signing any concerns.

No Self Assessment

A healthy credit score is the main criterion to get a home loan processed under normal conditions. Unlimited credit reports are easy and convenient to download and the credit score to go favourable is something above 700 and the same will give you the power to apply for a loan through the best banks. Your creditworthiness will be evaluated by the banks and poor credit history will drop your score and make you ineligible for the loan.

Not comparing different Options

From a client’s point of view, all loans look similar, but when you are intended to opt for one and go deep with its fine print, there you get to understand the difference and know the means it gets to affect us. Various low-interest loan schemes may also be available than the one you are on and to get to know the thing you need to check the points such as

• the reputation of the bank together with that of builders in Ernakulam 
• Annual Percentage Rate (APR)
• Processing and late payment charges
• Prepayment and foreclosure penalties
• Flexibility in repayment

Paying More

Those, who have ended up with the maximum effort for the loan and their needs are getting ready to be executed but kept pending in the wait for the loan to get approved. What is the need for a hurry if things are going smoothly and without hassle, will speeding up will benefit you to get the approval fast? DSA may take your hurry factor for granted and may exploit you in terms of that by either adding additional processing fees

without mentioning it explicitly or may ask for extra money for faster approval of the application. You are the consumer, the consumer is the king in a bank and you have the right to get the information you need. You need to get better proof of documentation for whatever payment you are making and the reason why you should be paid extra has to be mentioned explicitly.

Taking a higher amount than necessary

The bank officials may make you fall for a higher amount of money to buy an apartment for sale in Kochi and you may also feel it beneficial at that moment, but be careful not to get carried away in their attempt to convince you and choose a higher loan amount than what is absolutely necessary. What are the challenges you will have to face ahead in the journey? The interest value may differ with the difference in the loan amount and you may end up with a net loss, it will be a loss-making affair in terms of prepayment penalties, and may tend to jump onto unnecessary spending and many other associated issues, more money means more EMI which you may not be possible to afford on and in turn also hurt your credit score.