If you have been thinking about the first home by now, then you have reached the right place. You may be currently renting an apartment or maybe living with your parents, and you might think you have a lot of time. But it is important to take the first steps of moving into your very own home. If you are seeing yourselves in one of the luxury flats in Kochi in a few years from now, here are some of the most practical tips that will help you to save up for your first home:

Figure out how much you’ll need to save

Before beginning to save up for the down payment, you will need a clear idea of how much you will need to save. Firstly, sit down for a meeting with a mortgage lender, who will help you with the details regarding how much loan amount you are eligible for. As a general rule of thumb, your housing expense should not be more than 28 percent of your monthly income. For instance, a person buying an apartment will have to arrange the down payment, and along with it, you should also consider other costs like registration fees and furnishing costs.

Find the best way to save for your down payment

Since the money you are saving up for your down payment has a definite purpose and should be able to be arranged in specific time-frames, you should make sure that the money is saved appropriately. That is, it should not be saved in risk type investment vehicles like stocks. It is best to deposit your money in safe vehicles like a savings account. It is a fact that you may be able to earn more by investing in high-risk vehicles, you may lose your money in the process.

Set up an automated savings plan

If you are planning to invest in a flat, it is really important to automate your saving process unless you are a saver by nature. You should start a payroll savings plan that will automatically cut the money from your account without you knowing it. This is great to avoid the temptation to spend the money on purposes. Start a savings account exclusively for your home fund, and allocate a certain percent of your salary to directly go into the savings account.

Build flexibility into your savings plan

It is very important to build flexibility into your savings scheme, while you are looking forward to buying any villas or apartments, whatever the size of the down payment is. This is because, as you are saving up there will be other demands on your finances. Those may be unexpected costs like major car repairs, uncovered medical expenses, over even the temporary loss of a job. Therefore, you will have to be prepared when these costs happen. Make sure that you have an emergency fund before you start saving for your down payment.

When you have a large family, it becomes imperative that you stay in a comfortably sized residence. This allows you and all your family members to live a comfortable life and carry out all your activities without stepping on each other’s toes. If you are looking for flats for sale in kochi, then we have a great suggestion for you. But before that, let us discuss a few things you should be considering when you plan to buy property in Ernakulam.

The first thing you need to decide on is the location or the city you will buy your property at. Kochi fits the bill perfectly, being a perfect amalgamation of the traditional and the modern. It offers tremendous potential for jobs as well as business ventures, which is why so many people are choosing to buy their property in this city.

The location of the project in the city is often an unwanted trade off with the spaciousness you need when you have a large family. If your required square feet area increases, and you also seek a convenient location, then the price shoots up. If you have a budget constraint, then you usually need to compromise on either size of your property or its location. Often, you might need to sacrifice both size and location.

Now we come to your need for a spacious apartment. Abad Reflections is a project from Abad Builders which will fulfil your need for a spacious apartment. It is located on one of the most favored areas of the blossoming city of Kochi. It has only two flats on each floor so that there is no compromise on the space provided. The project has just 20 units, so you know how exclusive your company is when you decide to buy an apartment in Kochi. You have the option of choosing 3 or 4 bedroom super luxury apartments, or you could even go for a 5 bedroom penthouse, ensuring that your family has enough space for all its activities.

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

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

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

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

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

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.

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!

The State of Kerala has been charming tourists and natives alike with its picturesque green landscapes, beautiful urban forests filled with coconut trees and a never-ending array of backwaters. These ever-present traits coupled with a society that strives for the betterment of living conditions, education and health; make Kerala one of the best states to live in the country.

Waking up to see the sun rise over a lush paddy field is no longer a dream with the choice from a wide variety of apartments in Kerala. The State is now witnessing a revolution in several sectors such as lifestyle, social conventions and standard of living. As the purchasing power of the common Keralities increase, so does his/her ambition and ability to spend on luxury living and flats in Kerala. With construction firms hiring experts in architecture and planning, safe designs with basic amenities and affordable luxury come under one roof to provide competitive priced apartments like nowhere else in India.

Apartments in Kerala stand out from the clutter of the construction sector with enhanced security measures, carefully planned buildings, after-purchase support, resale and rental assistance etc. Community living comes alive within the property with the establishment of associations that handle issues, conduct engaging activities and tend to tenants who need assistance. These associations in flats in Kerala also ensure that there exists a sense of belonging and safety, especially for older tenants. With the emergence of quality living spaces that are tailor-made to personal specifications, apartments in Kerala are seeing a rise in the number of buyers and a growing affinity over independent houses.

Abad’s luxury apartment project, Royal Gardens, is a prime example of how modernity and traditional living are weaved in perfect blend to match needs and styles of the current generation. Royal Gardens comprises 96 luxury apartments in Kottayam with breathtaking views of the countryside. Located in the suburbs of city, Abad Royal Gardens makes sure the chaos of traffic and hazardous risk of air pollution are left far behind to facilitate a feeling of tranquility, unequalled by other flats and apartments in Kottayam. Furthermore, Abad’s home care support promptly delivers regular housekeeping and maintenance services as well as rental and resale assistance in all their apartments in Kerala. Ambient surroundings with landscaped gardens, a clubhouse, recreational space and a play area for children are some of the many features that make Royal Gardens one of the best luxury apartments in Kottayam.

Amongst flats and apartments in Kottayam, Abad delivers an exciting choice of residential space with 12 floors of immaculate interiors, acres of modern amenities and proficient staffing and services to ensure an unimaginably good experience of home living. Abad’s expertise gives you the choice of sky gazing views from a top floor apartment over the window view of your neighbour’s wall, for a lifetime of happiness with your loved ones.