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The Future of Real Estate in Kerala Trends and Insights from Abad Builders
CategoriesBlog Kerala Real Estate

The Future of Real Estate in Kerala: Trends and Insights from Abad Builders

By ABAD Admin,

Several factors influence the real estate market in Kerala. The state is close to large metros like Bangalore and Chennai which have slowed its growth in the past. With the government’s initiatives to improve the infrastructure and economy, Kerala is emerging as a growing real estate market. The booming IT sector has created direct and indirect employment opportunities paving the way for residential and commercial real estate development. It is one of the wealthiest states in India due to the high remittances from the non-resident population living in the Gulf countries who invest in property. The growing tourism sector and consumerism have made Kerala a strong economy fuelling rapid urbanization.

This blog discusses the key trends and real estate insights in Kerala.

1. Development of Cities

The major cities of Kerala – Trivandrum and Kochi are getting urbanized quickly. This is prompting the development of all real estate classes – retail, commercial, hospitality, and residential. Trivandrum’s Technopark and Kochi’s Infopark remain the major attractions for IT-enabled businesses and employees. They generate high housing demand with a ripple effect on the neighboring Thrissur which enjoys good connectivity to both cities. The development of metro projects is driving the growth of new markets in the cities. Student housing is a major opportunity as educational institutes can house only 10% of students on university campuses. This is very low as the two cities have the highest rate of student enrolment for higher studies.

2. Luxury Real Estate

Kochi and Thrissur have thriving luxury residential markets with high demand. The economic development in Kochi and the growing gold and jewels manufacturing industries are attracting attention from the government and private sectors. The growing affluence has resulted in demand for luxury homes, villas, and apartments in these cities. This is expected to grow attracting NRI investments to invest in properties by well-known builders like ABAD Builders.

3. Sustainable Luxury

The increasing awareness of environmental friendliness has made the home-buyer and investor conscious of the properties they invest in. Real estate with energy-efficient solutions and eco-friendly designs are emerging future trends. Green technologies like rainwater harvesting, solar panels, and waste management systems are adopted by many developers in their projects to save natural resources. Smart home technology makes this easier with pre-programmed devices that help in conserving power. High-tech security systems that allow monitoring homes instill a sense of security and comfort.

The future trends and insights for Kerala real estate look positive. Home buyers can enjoy the best lifestyle in the scenic state whereas investors will get a good return in their investment.

Kochi Metro Impact on the Real Estate Market of Kochi
CategoriesBlog kochi Real Estate Trends

Kochi Metro: Impact on the Real Estate Market of Kochi

By ABAD Admin,

The Kochi Metro is a rapid transit system serving the city of Kochi and the wider Kochi Metropolitan Region. The construction began in 2013, and the service was thrown open to the public in 2017. There are several firsts associated with the Kochi metro project. It is one of the fastest metro projects completed in the country. It is the country’s first metro project connecting rail, road, and water transport facilities. It is also India’s first metro system that requires minimum human intervention as it uses a Communication-Based  Train Control signaling system. The Kochi metro rail system has had a significant impact on the economy and population of the city.

Understandably, it has influenced real estate substantially which will be discussed in this blog.

1. Convenience

The Kochi metro has improved the mobility of people within the city and beyond. The connectivity stretches beyond the corporation’s limits, improving the infrastructure in the adjoining localities. It is an effective means of transport due to its high carrying capacity and faster movement. Working professionals living the apartments in Kochi experience the ease of commuting to work and back home enhancing comfort in their daily lives.

2. New Locations

As the Kochi metro expands, the number of locations where new residential projects are developed has increased dramatically. As these locations connect, the infrastructure also improves allowing them to attract property developers and home buyers. The metro project has driven the development of new educational institutions, healthcare facilities, and retail establishments improving the social infrastructure. All these developments benefit the real estate sector as new residential and commercial developments are undertaken by builders in Kochi.

3. Connectivity

The Kochi metro is designed to connect 23 stations in the city improving the connectivity to various destinations. The metro lines, like the one connecting The International Container Transshipment Terminal (ICTT) near Port Kochi and the integrated transit terminal at Vytilla Mobility Hub, are game changers for the real estate industry. Real estate prices are directly related to urban connectivity and are projected to increase due to the metro. Investors can expect good returns of 10 to 15% on the investments made in projects along the metro project development in Kochi.

4. Property Market

The returns on investment in real estate have improved with the development of the metro. The rental income has shown a positive trend as the metro connects residential locations and commercial hubs.  As the metro expands new luxury property markets, like the 4 BHK flats in Kochi, are expected to rise in the new locations. The existing property markets in major hubs are appreciated due to the location advantage. At the same time, new locations offer affordable and mid-segment residential and commercial properties. Top builders like Abad builders are taking advantage of these developments to create premium housing projects.

The Kochi metro project is responsible for improving the lives of the citizens of Kochi by easing connectivity and providing the much-required housing solutions.

How to Evaluate a Residential Property for Investment
CategoriesBlog Kerala Real Estate

How to Evaluate a Residential Property for Investment

By ABAD Admin,

Investing in residential flats in Ernakulam can be a lucrative proposition. Ernakulam is one of the fastest-growing real estate markets in India. The economic growth, rapid urbanization, growing industries like IT and healthcare, and a vibrant social life make the city an attractive destination for people to settle down. And all these factors make housing the most crucial part as people need a place to live. As the demand for housing increases investing in apartments in Ernakulam can offer good rewards in the coming years.

The following pointers should be considered while evaluating a property for investment:

1. Market Analysis

Ernakulam is a growing residential market. Before starting to invest in flats in Ernakulam one should do research on various localities in the cities for investment. Some locations are established as prime locations while others are in the developing stages due to increased infrastructure activity. Evaluation of the expected demand in these locations will make the investment decision easier. For example, investing near IT parks is a good choice as one can expect uninterrupted rental returns.

2. Financial Considerations

The most important motive for investing in property is earning returns. The investor should always aim for property investment that gives maximum returns. Although the real estate industry is growing, and one can earn returns in the coming years, the quantum of returns will vary. The prudent way is to choose a property that will give the best rental yields or returns after the investment. Another important factor is the maintenance costs of the property. The maintenance bills and other expenses need to be factored in while calculating the estimated returns.

3. Location

There is no doubt that some locations will give higher returns than others. Prime locations where the prices of flats for sale in Ernakulam are higher than other locations will not necessarily give better returns. However, by conducting research one can identify upcoming locations that have a potential for high growth within the city. By investing in flats in Ernakulam in Vazhakkala or Aluva which have high growth potential, one can expect to beat conservative returns.

4. Property Condition

The construction and maintenance of the property play a vital role when selecting a property for investment. A property that is well maintained has a better chance of attracting tenants or purchasers. The construction should be of the best quality. There shouldn’t be any defects like cracks or molds which can be a complete deal breaker. The property should have sufficient natural light inside and good ventilation. There should be scope for minor renovation that can enhance the look.

Budget 2024 and the Impact it Made on Real Estate
CategoriesBlog Real Estate Trends

Budget 2024 and the Impact it Made on Real Estate

By ABAD Admin,

The Union budget that was presented by Finance Minister Nirmala Seetharaman has a significant impact on the real estate sector in India. The Indian real estate sector is poised to make a major contribution to the country’s GDP in the coming years. It is also a prime employment generator employing thousands of people and securing their livelihood. The policies framed by the budget will have a significant impact on the economy in general.

Key announcements

1. In this budget the housing needs of 1 crore urban and rural middle-class families will be addressed. The government has allocated Rs 10 Lakh crore to create 3 crore additional houses under the Pradhan Mantri Awas Yojna (PMAY). This is expected to increase the demand in the mid-segment and affordable housing segment encouraging developers to construct more projects catering to affordable ready to occupy flats in Kochi.

2. The government will help develop “plug and play” industrial parks in 100 cities to attract investment and encourage industrial growth. These parks will attract industries with ready-to-use facilities reducing their operational costs and time. The government intends to support regional development in strategic locations for increased economic benefit. All these initiatives are set to increase real estate activity in these locations to meet the housing and commercial demands.

3. One of the significant announcements of the budget was the withdrawal of indexation benefits on long-term capital gains. This means that the purchase of the property can no longer be adjusted for inflation while calculating taxes on after-sale income. The tax on the long-term capital gains has been reduced to 12.5 % from 20% but the removal of indexation benefits will increase the tax bills by a significant margin, especially for properties purchased many years ago. The returns on investment will be reduced for long-term property investors due to this move. This is expected to stabilize the property prices due to reduced speculative investments benefiting the first-time home buyer.

Another consequence of this policy will be the slowdown of the luxury real estate market like the 4 BHK flats in Kochi, while the urban rental markets will witness increased demand. Also, the affordable housing segment is expected to grow.

4. The budget has reduced stamp duty charges for women home buyers promoting inclusive home ownership. A progressive move that will motivate real estate developers to target women home buyers with specifications catering to their needs.

These are the key announcements and the impact they are expected to have on the real estate industry impacting builders and developers in Kochi.

The Rise of Luxury Apartments in Kochi
CategoriesBlog Kerala Real Estate kochi

The Rise of Luxury Apartments in Kochi

By ABAD Admin,

Luxury living in Kochi is an ever-evolving phenomenon as builders in Kerala are upping their game to win the hearts of luxury home buyers. The residential landscape is changing fast in Kochi as the number of luxury flats in Kochi rises. Aspiring professionals, entrepreneurs, and expatriates have embraced sophisticated living in luxury residences like never before. Kochi offers an ideal mix for luxury connoisseurs with its natural beauty and growing urban lifestyle.

This blog provides a glimpse into the factors influencing this trend:

1. Economic Affluence

The Kochi economy has seen a steep growth trajectory in recent years driven by the IT, tourism, and healthcare sectors that have contributed greatly to the prosperity of its residents. The rising affluence has empowered residents to invest in luxury apartments in Kochi to upgrade their lifestyles. The new-age home buyer demands world-class opulent residences, amenities, and facilities.

2. Aspirational Lifestyle

We are aware that Kerala has one of the highest NRIs living and traveling abroad. The modern homebuyer is exposed to world-class luxury living and won’t waste time in fulfilling the aspiration of living an opulent lifestyle. Luxurious homes, premium amenities, and a thriving social life are the expectations of these home buyers. Builders and developers in Kerala are leaving no stone unturned in alluring them with premium apartments in Kochi.

3. Exclusive Branding

Branded developers collaborate with high-end consumer and hospitality brands in their projects to offer the residents an elite lifestyle. These projects are complemented by high-end amenities like concierge services, high-end security systems, and personalized home services which complement the lifestyle of high-net-worth individuals.

4. Smart Home Technology

Luxury residences are now adorned with high-end technology features like home automation systems, enhanced security features and remote-controlled systems. The luxury experience is taken to the next level by the convenience and automation provided by these systems which can create an automatic ambiance by recording the customer’s preferences. Controlling temperature. lightning and programmed operation of electronic devices are other features of automation systems.

5. Sustainability

An added advantage of home automation is their contribution of enhancing sustainability and eco-friendly features in modern luxury residences. Automated systems help in conserving natural non-renewable resources fulfilling the sustainability aspirations of the new age homebuyers. Green and eco-friendly features are essential attributes of luxury projects.

These are the distinguishing features of luxury projects in Kochi that are transforming the residential real estate landscape.

tips-on-how-to-choose-the-right-real-estate-agent
CategoriesBlog Home Buying Guide

Tips on how to choose the right Real Estate agent

By ABAD Admin,

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. 

Find-your-dream-home-in-Kochi-with-Abad-Builders'-wide-selection-of-flats
CategoriesBlog Real Estate Investment

Find your dream home in Kochi with ABAD Builders’ wide selection of flats

By ABAD Admin,

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.

5-advanatges-of-taking-a-home-loan
CategoriesBlog Home Loan Guide

5 Advantages of Taking a Home Loan

By ABAD Admin,
advantages-of-taking-a-home-loan
Advantages of taking a home loan

‘Home’ conjures up images of comfort, joy, pride, and family. One of the biggest financial decisions you will likely make in your lifetime is whether to buy a home. If you are thinking about applying for a home loan, that decision becomes much more significant.

The majority of loans are regarded as liabilities. However, a house loan cannot be compared to gold loans or personal loans because purchasing a home is creating an asset that often increases in value over time, making home loans advantageous in the long term. The benefits of taking out a home loan are highlighted in the article below.

1. Affordable for all

A typical middle-class salaried individual may now more easily afford to buy a home, thanks to the home loan. Based on the applicant’s credit score and capacity to repay the loan, banks decide whether to approve or reject a home loan application. Lenders will rapidly accept your application if you have a steady source of income and the ability to make the agreed-upon EMIs. Home loans also have a lengthy term, often between 15 and 20 years, so the EMI is lower and more manageable.

2. Cost Effective Credit

In contrast to other kinds of loans, like gold loans or personal loans, lenders provide home loans at appealing and cheap rates of interest. According to the borrower’s profile and the lender’s policy, the interest rate typically varies from 7% to 8.5%.

3. Due Diligence of the Lender

Since purchasing a home is often a once-in-a-lifetime investment, you undoubtedly want to make sure the property is clear of any outstanding legal matters. When you apply to a lender for a home loan, the lender will thoroughly investigate both the property and the builder’s reputation. They will examine the paperwork related to the property and make sure the builder has all the necessary clearance certifications from the local authorities, as well as that the construction is lawful. If you look at top builders in Ernakulam, for instance, you will find that their upcoming projects are often pre-approved because of their long-standing record.

4. Tax Benefits

This is yet another important advantage of getting a home loan. If you pledged your property as collateral for a loan, you will be able to deduct taxes on both the principal and interest portions of the payback. You may deduct the payments of the principal portion of the mortgage under Section 80C. The highest deduction allowed in this case is ₹1.5 lakh.

5. Savings

Each payment you make on your home loan is essentially also saving you money for the future, as you are building equity in the property. As you build equity, you are essentially saving money because you have a greater ownership stake in the property. This can be helpful if you decide to sell the home in the future, as you may be able to sell it for more than you paid for it and use the proceeds to buy a new home or invest in something else.

CategoriesBlog Home Buying Guide

5 Efficient Ideas for Your New Home

By ABAD Admin,

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

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

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

USB wall charger 

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

Steam shower 

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

Impact-rated windows 

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

Outside theater 

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

Secret rooms

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

Window seats

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

Stair shelves

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

CategoriesBlog Real Estate Investment

Why Investing In Real Estate Is A Good Idea

By ABAD Admin,

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.