The growth of luxury real estate in Kochi is one of the highest in the country. NRIs from Kerala can make the most of this golden opportunity by investing in luxury apartments in Kochi. Luxury projects are in demand as the new-age home buyer is well exposed to international standards and wants to live the same lifestyle. They have the financial power and aspirations to drive the luxury residential market making it one of the fastest-growing segments within the real estate market.

NRIs have the financial power for real estate investment in Kochi which can benefit them in the long run with excellent returns.

Let us look at the reasons for these:

1. High Demand

Kochi has several IT parks, educational institutes, and Multinational corporations that have a large and diverse population of students and professionals. Rising incomes and high standards of living have increased the demand for luxury properties. NRIs investing in premium and luxury apartments in Kochi can expect excellent rental returns to grow every year. Fully furnished properties with premium amenities are in demand and command high rentals for projects in Kerala.

2. Capital Appreciation

The growing economy, rapid urbanization, and infrastructural development have boosted the demand for luxury real estate in the city. This demand has been growing for past few years and is expected to grow in the coming years. NRIs investing in Kochi can expect healthy capital appreciation on their investments. Prime locations like Marine Drive, Edappally, and Vytilla have shown good growth in the past years and are expected to continue the growth.

3. Luxurious Lifestyle

Luxury apartments in Kochi are designed to meet global standards. Builders in Kochi are building projects whose construction, architecture, and interior designs are opulent. The amenities include star privileges like rooftop swimming pools, state-of-the-art gymnasiums, barbecue areas, decks, and sports amenities, and a sizeable green cover that the modern global resident seeks. These make the properties highly desirable by HNI individuals. Vacation homes, villas, bungalows, and duplex apartments that were earlier present only in large cities like Mumbai and Delhi are now commonly seen in Kochi. These are well suited for NRI standards that can fetch excellent returns.

4. Strategic Location

Kochi is a coastal city strategically located for the best connectivity for international trade and commerce. It is well connected by air, rail and waterways to global destinations fueling the growth of sectors like travel and tourism. The city is a major destination for national and international tourists who attracting millions every year. The demand for hospitality real estate is also on the rise. Investing in these properties is a lucrative opportunity for NRI investors.

Kochi growth story cannot be ignored. The city is backed by government efforts to make it a major international hub in South India. The Kochi Mangalore Bangalore industrial corridor will further boost commercial and industrial development adding to the economic growth of the city. All these reasons make Kochi an attractive destination for NRI real estate.

Buying property in Kerala does need certain precautions and they do become the best investments ever in your whole life. For several reasons, investing in Kerala, and apartments in Kochi, would be the best, and owning property in a state like Kerala is always a matter of prestige. While buying new construction in Kerala, there is always appreciation for the property with healthy returns on your investment. The return on investment is moreover made available while the property is sold, rented or leased out, which could be ultra necessary as the available land is not increasing.

Make Your Dream come True with Abad Builders 

Abad Builders, the name itself says it all, has been redefining and delivering classy living spaces in Kerala. They have been prestigious from then on and have been booming in the real estate industry with some of the best reasons to consider. moving to this city if you want to take your wealth creation to the next level with real estate investment to match the boasts of a burgeoning IT industry like Kochi. They have been in the industry for decades and have been an ideal companion to cope with the massive career opportunities and foreign investment. As the real estate sector has increased manifold in a smart city like Kochi, being home to airport terminals, commercial growth, port-based industry development, cross-metro rail, and tourism; getting into property investment at a place like Kochi would be an ideal solution. If you want to get into property investment, then Abad Builders offers the home to some of the best properties in India.

The title deed for Abad Builders is clear enough to be trustworthy in the industry, and no worries are associated with simple development rights. The demand for the rightful owner is clear and covered well with Abad Builders, as they solely own the land they use for the development. The thought of purchasing an apartment or villa will be edible with Abad Builders’ magnificence of the property you own. The brand Abad Builders, design apartments or flats methodically and places the most-demanding opportunity in more than just being an address. Their identity over the years has been creating a sustainable environment and their reputation has been the vanguard of quality living and elite lifestyles. Abad Builders affirm the meticulous standards committed to formulating a responsible firm. 

Abad Builders have prominent home spaces and apartment buildings, among which most are situated in the city and adjoining districts. It has excellent connectivity and the number is growing with luxury amenities. Abad Builders have been at the forefront to introduce modern luxury facilities that are well-maintained with ultra modernity and efficiency. They have always been the favourite brand for international and domestic investors and have been a first-class operation since their origin. The international investors have a significant connection with Abad Builders, they have grown at a fast pace with the availability of excellent infrastructure. Investors worldwide who wish to have a home in India prefer Abad Builders for their transparent procedures and pricing strategies. 

For buying the flats in Ernakulam, land zoned as commercial, it is important to ensure the land is under a reputable owner and if it is Abad Builders, then it’s time for a huge sigh of relief. Abad builders are specifically convinced with the evident proof for ensuring the land you are buying has been zoned for the purpose of constructing a commercial building. 

Choosing a home with all the amenities is no longer a dream when you have Abad Builders on your side. To meet the requirements of your amazing dream within no time, look forward to Abad Builders, fulfilling the desire for your dream home. A home is a long-term investment and only an ideal partner like Abad Builders to help you with the right budget can be truly satisfied and relevant steps to be taken to make a ‘house’ a ‘home’. The builder you select matters a lot with the inevitable part, the location, and the Abad team offers the entire facility at the right location. 

The real estate market specifically mentions the amenities in the first half of the marketing session and many fail to provide to the point. Abad Builders actually provides all the amenities mentioned and simply the process suitable to your wishes and convenience. They are up to the mark in terms of quality and choosing them never would go wrong as their practice is to deliver the home as per the requirements. The maintenance service would never be your matter of concern if you choose to partner with Abad Builders. 

Your selection goes sensibly with Abad Builders for flats in Kochi and proves the best builder for the demand for the overall facilities by attaining the trust and support of the clients. The financial security at Abad Builders is easy to handle and can end up at your major wish for enough bedrooms, family dining, kitchen space, work area, parking, an attractive corridor, etc. They simplify your tension regarding loans and make your way to your dream home easy with simple hassle-free procedures. With Abad Builders nothing falls for your concern, it is just a matter to ensure the aspects, which are of higher priority. They keep themselves active and worthwhile with less client involvement for which you will be thankful for the user-friendly and long-term collaboration effort.

In these uncertain times, deciding on the best investment option is a difficult task for most people. Everyone is on the lookout to make the highest returns in the shortest possible time without losing out on their principal amount. In fact, there is no investment that can give you high returns without a degree of risk involved.

If we are to look at the various investment options available, we will see that investing in equity does not assure a fixed return and also involves a high degree of risk, as it is market linked. Mutual funds are mostly equity linked and any fluctuation in equity markets will adversely affect the performance of the fund. Fixed deposits, is seen as a safe avenue, but there’s hardly any return on your investment, considering that the banks are constantly reducing interests on term deposits. Government bonds are safe investments assuring a fixed return, but the returns are not high and the duration is far too long.

Investing in gold is an option that is quite popular especially in India. It has always been considered wise to invest in gold, for its high liquidity. But in reality, you lose much more than gain when we try to sell off gold in the form of jewelry; so investing in gold is not such a wise option, after all.

Despite the host of investment options available today, let’s examine why real estate is still considered to be the best investment avenue. The Indian Real Estate Consumer report for April – May 2020 finds that 35% of investors prefer to invest in real estate than gold (28%), fixed deposits (22%) or stocks (15%).

Real Estate fetches returns in two ways; it gets you a capital appreciation and also earns a rental return. The apartment or house, or the plot of land that you invest in will appreciate well over a period of time. You can rent out the apartment or house and earn a good rental return as well. Apart from the capital appreciation, investing in real estate also provides you with tax benefits.

While investing in real estate, a few points should be borne in mind, so as to make the right choice. If you are looking to invest in an apartment, it is important to check out the credibility of the builder; how long has the builder been in business, the number of projects delivered, whether these projects have been delivered on time, the quality of construction etc. are a few important points to look out. Reading up on customer reviews would be very helpful. The location of the house or apartment decides the kind of value appreciation and rental returns you can expect.

You should thoroughly go through the plan of the apartment and decide whether it completely meets your requirement of a home. It doesn’t matter whether it is for your personal use or whether you are planning to rent it out. A well planned and laid out apartment with good amenities and ambience fetches better resale and rental returns. Some builders offer fitted out apartments, which will save you the hassle of getting it done yourself, even though this would be more expensive.

You can also consider investing in commercial properties in good locations, if you are planning on a bigger investment in real estate. The advantage is that the returns on investment, both in terms of rental and the asset value appreciation, would be much higher as compared to an apartment or a house.

Even though in the current pandemic scenario, people seem to be deferring their decision of home buying, possibly owing to liquidity concerns and general uncertainty, a recent survey conducted by the National Real Estate Development Council, shows that people will again start investing in real estate in the next six months. The pandemic has alerted people, especially the NRIs that it is indeed a necessity to have a home back in India. Those people who stay in rented homes have also realized the importance of having a home of their own.

 “The addition of real estate to a portfolio of diversified assets can lower portfolio volatility and provide a higher return”says Investopedia. Investing in real estate properties is the best way to build a diversified financial portfolio, as real estate assets are real and tangible and provide a much greater level of security than any other investment option.

For more information on reliable and prudent real estate investment in Kochi, please contact: 9072369966

ABOUT THE AUTHOR

PRASIDHA PRABHAKARAN

The author of this blog is Prasidha Prabhakaran. She is a freelance marketing professional. Her journey in Real Estate began in 1995 when she joined Abad Builders. In the last 25 years of her career, she has worked in the different domains of Sales, Marketing and Customer Care with Builders in Kerala and also those with pan India operations. This vast experience has endowed her with profound knowledge of the Real Estate industry, both in Kerala and rest of India. She is currently engaged as a marketing consultant for Abad Builders.

As the whole world is fighting the Coronavirus pandemic and businesses are struggling to keep afloat, there is uncertainty all around, be it in terms of jobs, dividends, stocks, or finances. Likewise, the economic imbalance has also affected homebuyers and investors who were ready to make a real estate investment just before the disease started spreading at a fatal rate. So, the question is whether you should buy a home during COVID – 19. Let’s find out.

Benefits of Investing Now

Low Lending Rates

The RBI has recently announced a repo rate cut, that will bring down the interest rates on home loans. As a result, most banks launched new home loan products linked to the repo rate revision. Currently, the repo rate stands at 4.4%, which is the lowest ever. This is the perfect time for homebuyers who have sufficient funds to invest in that dream flat for sale in Kochi and to get a home loan approved before the rates are increased again.

Chance for Negotiations

This is a time when builders and property agents are eager to clear the inventory to resume cash flow. Most of them are also offering attractive discounts like a refund on booking amount to lure investors. Therefore, this is the right time to invest in the luxury flats in Kochi and secure a good deal for yourselves.

Demand – Supply Slowdown

As the pandemic has created an economic slowdown, the demand for homes has diminished. Besides, there are hardly any new product offerings by builders and developers. As discussed above, this is a great opportunity for homebuyers who have sufficient funds to own a home at a decent price.

Things to Consider:

Expect Project Delays

With the whole country under lockdown, and construction workers returning home, project delays are imminent. The real estate sector that has always been struggling with regulatory changes and low sales is now facing project delay issues.

Liquidity Issues

With almost no sales happening in any sector, liquidity can be a major issue you will face. Most investors and businessmen are struggling to pick up their pace once the lockdown ends. Investors should have to wait until the money starts flowing in gradually.

Uncertainty in Economic Growth

As a matter of fact, it is not just India that is facing an economic crisis. Most of the countries in the world have been impacted due to the pandemic. With these large economies facing turmoil, the Indian economy that is dependent on foreign investments and equity funding will suffer.

Real estate investment is a tricky business, especially if you are a first-time investor. It is very hard for you. Getting the right property that matches your budget is a challenging task that buyers face. Background research can help the buyers to select the appropriate property within the budget. The real estate market in India deals with various types of properties like land, apartments for sale in Kochi, villas, and commercial spaces.

Decide the location: 

The first step in the property investment process is to find the right location. It would be better to find out the location in your native city or working place is an important factor before selecting the ideal location. Remote locations are cheaper than locations within the city. So depending upon your investment choose the location that is right for you.

Calculate the budget: 

The second step in the investment process after selecting the location is a calculation of the budget. To check how much money you are able to invest in the new property. If you are a first-time buyer, then it would be better to consult a qualified financial advisor to know about your bank loan eligibility. Once the budget is set, then start to find a different option that matches within the limit.

Get to know your market: 

The real estate investment market has to change day by day. That’s why through market research, you have to find out the current market trends, prices, interest rates, and development which allow you to recognize the current market status and you should plan accordingly. It is better to invest in an area in which the property price is rising fastly. It is good for the future also and compares the different types of properties in the same locality. It will help to find out the pros and cons.

Size and type of property: 

Finding the right property is a difficult task. You can find a lot of properties of different sizes and types in your chosen location. The price of land depends upon the location whether it is a city or village. Land prices vary with location, size, age, and type of property. Buying ready-to-occupy

villas or apartments is a good way of earning money. Another best investment option is investing in an ongoing project. Ongoing projects price is lesser than the price of completed projects.

Know your needs: 

Another main thing is the actual purpose of investment. Different people have different intentions for the investment. For some, it may be their dream home or flat for sale in Kochi and for some others, it may be for earning money. So understanding your needs is an important thing. If you are selecting a house, then you need to have some space for a garden, a play area, etc.

Clear your debts: 

It is last but not least. Clearing all your existing debts will help to achieve your dream villa or flat fastly. While you are applying for a loan, the bank will check your credit score or find any debt to income ratio. Then if you have any pending debts, you won’t get the loan easily. So try to settle all the debts before buying a property.

The above are some aspects that give you a good idea about how to make the right property investment in your budget. You should be up-to-date on the current market trends. It will help you become a good investor. A property like a flat in Kochi, villa, or home is a valuable asset for the future.

The word `Home’ immediately brings to mind, a warm, secure place that provides comfort and solace, a happy place with happy memories. A home is a sanctuary, a shelter, a safe haven, where we all find our bearings, the place where we actually unwind and truly relax after every hectic and chaotic day in our frenzied lives.

Wherever we go, be it on a vacation or on a tour to some exotic destination, there’s a point when we all yearn to get back home. It’s a place we all come back to eventually, no matter where we go. However humble or palatial a dwelling is, we each call it our home. Our home is where we find ourselves, establish our identity and start to develop our personality before going out into the world to blend in and amalgamate experiences with people and places that eventually shape our personalities.

Over thousands of years, across nations and diverse cultures, humans have evolved from being cave dwellers to residing in more refined spaces of varied build types, which are familiar to us today as dwelling units. Our loincloth clad, cave dwelling ancestors too found comfort in their cave homes, as that’s where they found shelter from the formidable weather and wildlife that threatened their existence.

Never before, has collective humanity probably realized the relevance of a Home more than now. The phrase, `Home Sweet Home’, never before sounded so true in its essence. In these times of Covid19, probably the most used and most heard words are, `Stay Home’, `Stay Safe’. Today, our home is where we all find ourselves `locked down’, to save us from a deadly virus!
People may never have considered a scenario when they would be spending so much time at home. But now they have been forced to spend months at home without being able to step out other than for essentials. It may have been an unthinkable proposition a few months back. But today, we are reluctant to leave the security of our homes. Such is the feeling of protection and comfort that our home provides.

In the safety of our homes, we have rediscovered lost family bonds, the joy and warmth of togetherness that we lost somewhere in the insane, berserk ebb and flow of fast life.
Although imposed, the lockdown has, among other things, also succeeded in bringing out the hidden talents in people as they remained in the security of their homes.

Parents have suddenly glimpsed some of the obscure talents of their kids after they constantly shared long hours in each other’s company in the comfort of their homes. Not just kids, parents too found themselves uncovering their long forgotten hobbies, bringing lots of personal joy and satisfaction. Doing things together as a family was never this enjoyable. In our homes, we loved, played, argued, fought and experienced the joys of togetherness and fun filled days, even when the fear of a deadly virus kept us locked indoors.

We cannot think of our home without being emotional. Most of us carry fond memories of our home, as the place we grew up, a space, where we unite and bond as a family, where we have our silly little fights and share the joys of our little triumphs and the pain of our failures with our loved ones. This precious place that we call home, is what connects us with the world and defines our place in time. Our home, is where our story began…