CategoriesBlog Project of The Month

Vyttila, Kundanoor flyover; the changing face of Kochi city

We have all heard the saying ‘No Gain without Pain’, and in any crowded city, the news of an upcoming construction project involving the arterial or branch roads evokes the same thoughts. Kochi is a city that has grown in importance in recent years, and earlier this year, residents felt a mix of happiness and sadness hearing some news. This news involves the proposed flyovers in two areas which see heavy congestion – Vyttila and Kundanoor. The Vyttila flyover had been announced first, and more recently, the civic authorities announced the start of the Kundanoor flyover project.

Kochi is no hamlet today, and its roads carry huge volumes of traffic. For example, Vyttila is the biggest intersection not only in Kochi but also in the whole of Kerala. 3 very important (and busy roads) S.A. Road, Petta Road and Thammanam Road intersect here, and this intersection carries thousands of vehicles every day. Similarly, Kundanoor might seem to be on the outskirts of Kochi as per a map, but because of the presence of two very important hotels in this area (Le Meridien and Crowne Plaza), it is a very busy area. So when the news of flyovers at Vyttila and Kundanoor came in, residents and businessmen of these areas were shocked and fearful of the impact the resulting traffic jams would create.

If we talk specifically about certain flats for sale in Kochi, then ABAD Golden Oak apartments in Maradu will really become very attractive once these flyovers are completed. The traffic on the existing roads will be reduced manifold after the flyovers are thrown open. This will save time for the residents of Golden Oak and also for people passing through those areas. Second, a well-constructed flyover gives a very good look to an area around Golden Oak. Third, the lighter traffic will greatly reduce the traffic mishaps in these two areas, which is a great thing for the city in general and Golden Oak residents in particular.

CategoriesBlog Home Buying Guide

Looking for an apartment for your large family

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.

CategoriesBlog Real Estate Investment

Why Panampilly Nagar and Kadavanthra Are So Popular With Property Investors

Kochi has become a favored destination for people looking to invest in property. The reason is that it has now evolved into a commercial and technical hub and offers multiple opportunities for both businessmen and job seekers. The improved standard of living in Kochi is because a number of IT and non IT companies have set up shop here, and more and more professionals and businessmen are making Kochi their home.

In Kochi, the area of Panampilly Nagar is now one of the most attractive destinations for people choosing to buy residential property. The biggest draw of this locality is its convenient location. It is situated just a kilometer from the center of the city, making all amenities within easy range. From its inception in the 1970s, Panampilly Nagar has now grown into one of the most prestigious residential colonies in Kochi. There are a number of reputed builders who have come forward to choose Panampilly Nagar as the location for their apartment complexes, and buyers looking for Flats in Kochi are happily choosing their dream homes here. Abad Cloud Nine and Abad Ikebana are just two examples of these projects.

There is dedicated residents association here, who make herculean efforts to maintain the greenery in this area. There are several shopping complexes, lifestyle stores, restaurants, banks, schools and colleges here. It is no wonder that Panampilly Nagar is also the hub of commercial activity, because of the high spending capacity of the residents in this area. Some of the older Villas in Ernakulam are also getting converted to commercial establishments here.

Another area in the vicinity of Panampilly Nagar that has caught the attention of real estate investors is Kadavanthra. This is a part of Kochi’s central business district, and it also houses the headquarters of the Greater Cochin Development Authority. Kadavanthra is buzzing with upcoming commercial activity on one hand, and posh residential areas on the other. Banks, schools, railway station and airport are all within close proximity of this area.

These two areas are also home to several cine stars, making them very posh and prestigious. With an investment in either of these two areas, you just can’t go wrong, and will see your investment appreciate very quickly.

CategoriesBlog Real Estate Trends

Two Attractive Property Investment Destinations in Kerala

Kerala has been known for long as an attractive tourist destination. But over the years Kerala has also emerged as a hotspot for property investment. This is primarily due to the continually improving state of the economy of Kerala, which has gone beyond only tourism. For both businessmen and for job seekers, Kerala has emerged as a very attractive destination to live in, work, and also plan for their future by investing in property. Let us look at two examples of property hotspots in Kerala.

Ernakulam is the commercial capital of Kerala. It is the mainland business district of the historical town of Kochi. Ernakulam is buzzing with entrepreneurial activity, and is the commercial and business capital of Kerala. Cochin Port and shipyard as well DP World have fast tracked the commercial activity in this city. Tourism still continues to be a big draw, and most tourist packages for Kerala start and end at Ernakulam, whether the tourist is arriving by train or plane. It is no wonder that the Lulu Shopping Mall, one of the biggest in Asia, is situated in Ernakulam. Ernakulam is part of the North South highway corridor, and therefore enjoys superb connectivity to other parts of the country, and now even has its own metro railway system. It is no wonder, then, that investors are rushing to buy Flats in Ernakulam or Villas in Ernakulam.

Another upcoming destination for potential property investors is Kottayam. It is the administrative capital of the state of Kerala. It is commonly called the city of three Ls – Letters, Latex and Lakes. It has been the center of Malayali literature for ages, and is also regarded as the hub of the Kerala rubber industry. The buzzing commercial activity in Kottayam makes it so attractive to property investors. Therefore, purchasing Apartments in Kottayam is a sound investment decision.

CategoriesBlog Home Buying Guide

Top points to consider while buying a new house

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.

CategoriesBlog Real Estate Trends

Why Kochi is the best place in Kerala to buy an apartment

Over the last few years, Kochi has been on the spotlight for major real estate development. Numerous local builders and real estate firms that have pan-India influence have chosen to set up their projects in different parts of Kochi. This has also opened up great options for people who are looking to buy apartments in Kochi. There are many factors that drive the real estate market of Kochi forward. These include ambitious and visionary Smart Cities Mission, great infrastructure technology, a well developed Metro corridor, tourism and airport, and seaport are all likely to improve the quality of life for people in Kochi.

In the light of such developments, it has become an incredibly attractive idea for people to come and live in Kochi. Kochi has got numerous neighborhoods that are just perfect for both nuclear and joint families. Even if a person is looking to stay alone for work or other purposes, Kochi has a lot to offer. The neighborhoods in Kochi offer excellent access to modern day amenities and well-developed infrastructure that can make life really comfortable. The flats in Kochi are designed to provide people with a world-class living experience. Not only they feature some of the finest facilities and amenities but they also offer a range of other services like interior design support and rental support.

Apart from the location highlights, Kochi offers a wide spectrum of job and business opportunities for professionals and common people. Transportation facilities through road, rail, water, and air channels made Kochi easily accessible from anywhere and it resulted in the development of industries and infrastructure around the area. Nowadays, Kochi is one of the rapidly developing cities in Kerala and a favorite living destination among Keralites.

CategoriesBlog Real Estate Investment

Why investing in apartments is a good idea

Have you ever considered investing in an apartment? If you haven’t yet done so, you should know that getting an apartment for your own can be a really wonderful idea in itself. Currently there are many real estate firms that are offering apartments in Kochi and you can easily get a good apartment that can be a home to your future generations. Here are some of the reasons as to why you should consider investing in an apartment.

Buying an apartment is a major investment on its own. You are not only doing it for yourself but also for your family. When you have an apartment for them, you children and future generations can take peace from the fact that they won’t need to find a home for themselves as they have already got a nice one.

The rental prices of home are steadily increasing all over India and in many cases landlords demand a staggering price from the tenants. You may have to pay advances that go up to 6 months or 1 year when you choose to rent an apartment for the first time. When calculated for many years, the costs of renting a place can get really high. On the other hand, you may need to initially spend more when you are looking to buy an apartment, but at the end of the day you can save a lot of money as well.

When you get an apartment of your home, you won’t have to enter into serious conflicts with your landlord who may not provide you with the space and freedom to live your life in your own way. Therefore, an apartment may provide you with the peace of mind that you have always wanted. It is due to such facts that many people are nowadays choosing to buy flats and villas.

CategoriesBlog Home Buying Guide

Three Basic Criteria While Choosing Real Estate To Buy

So, you have saved up your money for putting down that deposit for your dream home, got the bank loans lined up, and are now all set to choose the home you will buy, after which the bank guys would begin processing your loan. To ensure that your hard earned money doesn’t go to waste, there are certain things you need to consider.

The location of your investment is most important. Because of the commercial potential and also the higher resale value of the property, it is always a good idea to choose a location that is vibrant and is set to grow. You will, therefore, see, more people choosing to buy Apartments in Kochi than in smaller towns, unless there is some family or personal constraint they have.

The next thing to consider is which part of the city you will buy your property in. For example, if you are buying Flats in Kottayam, then you need to be aware of which parts of the city have easy access to all amenities like hospitals, schools, markets, restaurants, banks etc. The general hygiene and upkeep of the area must be good and it should have a healthy mix of residential and commercial properties.

You need to also be aware of the quality of the builder or promoter from whom you would be buying your property. If we consider the example of Ernakulam, you will find a number of builders offering to sell you Villas in Ernakulam, but only a builder who has a good history of completed projects and a strong reputation in the market can be trusted to offer you the right value for your money.

It is not enough to have money to buy your home of choice, you also need to invest your time to sift through all options and choose the one most suited for you.

CategoriesBlog Real Estate Investment

Why Real Estate Is A Great Investment

The laws of demand and supply govern every activity of our life, not just economics. Whether it is the stock market or gold or real estate, prices and demand and the supply – they all have a relationship with each other. People flock to a particular commodity if its supply is less, whereas if the supply increases, then the demand for that commodity also reduces, along with its price.

But real estate, by its very nature (with land in the world being limited, and being used up daily, is one area where the supply keeps on diminishing over time, and therefore demand is always there. If you have an apartment in Kottayam or any other city of South India, you can easily sell it at a great price because there will be always demand for it. Let us look into real estate in more detail.

The best option in real estate is to buy villas and apartments in places which have continued growth, and then wait for the prices to rise so that you can make a neat profit by selling it. Or you can also use the owned property as your home. However, buying land plots is not a good option because if you are doing the construction by yourself, then you need to spend a lot of time with the architect, contractors, and laborers. In today’s hectic times, not many would be able to spare that kind of time.

So if you want to profit from the great investment opportunity of real estate but don’t have time to have your home constructed yourself, then you need to purchase ready made flats from reputable builders. A promoter or builder with an impeccable reputation will give you the happiness of a great investment without any of the hassles.