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The Ultimate Guide to Living in Kochi
CategoriesBlog Home Buying Guide

The Ultimate Guide to Living in Kochi

By ABAD Admin,

The ‘Queen of Arabian Sea – Kochi is a major city in God’s own country, Kerala.  These acronyms say a lot about the state and the city and rightly so. The unique experiences in store are a magnet for tourists from all over the world. Living in Kochi can be a rich experience for people moving in apartments in Kochi. With the growth in the economy, infrastructure, and housing options moving to the city can be one of the best decisions ever made.

This blog delves deep into the many aspects of living in Kochi:

1. Climate

Kochi has sultry tropical weather with temperatures ranging from 20°C to 35°C throughout the year. The weather hot and humid during the summer from March to May. The monsoon is pleasant while the weather is cooler during winter ( December to February).

2. Cultural diversity

The port of Kochi was known for the major trade carried out with traders from France, Britain, and Portugal. One can witness the influences of these cultures even today. The ancient buildings in Fort Kochi depict European architecture and their influence on the culture in these regions. Today, the city is cosmopolitan with people from across the country living in the flats for sale in Kochi. The influences can be seen in the food, music, arts, and culture.

3. Food

Kochi has a strong food culture with a wide variety of regional and exotic dishes to savour. Being a coastal city, Kochi is known for its seafood delicacies made from fresh catches from the Arabian Sea. Popular local dishes include puttu and kadala curry which is a breakfast dish made from rice flour and chickpeas, thoran a vegetable dish, and spicy beef chilly fry which the city is very famous for.

4. Language

Malayalam is the official language in Kochi widely spoken by the locals in usual conversation. Tamil, English and Hindi are also known by many people living here due to the cosmopolitan population. Language is not a barrier as people are acquainted with English and Hindi.

5. Lifestyle and Leisure

The picturesque beaches, captivating backwaters, and dense natural beauty are exclusive to Kochi. There is no dearth of cultural attractions in the city with musical festivals like Cochin Carnival and Kochi-Muziris Biennale, which celebrates contemporary art, music, and dance. The Kerala Folklore Theater and Museum is a must-visit for those interested in traditional performing arts to immerse in the region’s rich cultural heritage. The many multiplexes and theatres showcase the latest Bollywood and Hollywood films for those interested.

Living in Kochi is an ideal option to settle down as it has the perfect combination of cultural heritage and modern lifestyle. It also boasts of the best educational institutions, healthcare facilities, and essential services giving the residents of 3 BHK flats in Kochi a well-rounded and convenient lifestyle.

Move-In Ready Discover Ready to Occupy Flats in Kochi
CategoriesBlog Home Buying Guide

Move-In Ready: Discover Ready To Occupy Flats in Kochi

By ABAD Admin,

Abad Builders is a leading developer in Kochi who constantly innovates to meet the needs of the discerning home buyer. With a focus on convenience, stability, and modernity, Abad builders has delivered innovative residential projects in Kochi that have made a mark in the real estate landscape of Kerala. They are known for their modern design concepts and contemporary architecture visible in their ready to occupy flats in Kochi.

This blog discusses their current flats for sale in Kochi and how they have carved a niche in the home buyer’s minds.

1. ABAD Inspirations

ABAD Builders’ high-rise air-conditioned luxury apartments overlook the lush surroundings of Kochi. This spectacular edifice provides you with a lifestyle like no other. The stunning development is 12 floors high at the premium location of Kaloor. A world-class rooftop swimming pool with a spectacularly landscaped garden makes it the next level of luxurious living. The two units of spacious 4-room apartments on a floor, well-equipped with all the amenities and features provide you with a new and more comfortable lifestyle.

2. ABAD Reflections

An exclusive apartment project from ABAD Builders offering 20 swanky and spacious apartments in Kadavanthra with 2 units on each floor caters to a privileged and enviable few that desire the best quality, ambiance, and luxury.

These super luxury apartments in Kochi are located at the cusp of Kadavanthra & Thevara. The limited edition extra large 3, 4, and 5-bedroom flats in Kadavanthra offer scenic backwater views.

3. ABAD Oasis

Nestled in one of Kochi’s fastest developing regions, Edappally, ABAD Oasis promises to provide residents with a tranquil and peaceful haven from the hustle and bustle of the city. ABAD Oasis flats in Edappally is Set on 81.61 cents of land & offers 95 units of 2,3 and 4 BHK ready to occupy flats in Kochi spread over G+18 floors, that beautifully blend style, luxury, and substance. Inspired by the principles of fine living and planned by Kerala’s first CRISIL-rated builders – ABAD, the best builders in Kochi this apartment complex elevates urban living to a new level. Each apartment unit has been carefully planned so that only one wall is shared between apartment units. Such ingenuity in our designs enhances the natural ventilation and light in each unit.

4. ABAD Golden Oak

Golden Oak, a Premium Lifestyle Apartment strategically located in Maradu, presents an ideal home for those seeking to move to Kochi’s fastest urbanizing residential areas. This Luxury Lifestyle apartment in Kochi, offers 14 floors of premium 2 BHK, 3 BHK, and 4 BHK ready to occupy flats in Kochi, each with sophisticated living space and lavish modern lifestyle facilities. Indeed, one of the highlights of Golden Oak can be found in its exclusive Club House located in a separate stand-alone house outside the apartment complex.

All these are ready-to-occupy apartments with some of the best 3 BHK flats in Kochi.

Investing in Kochi Exploring Flats for Sale in the City
CategoriesBlog Real Estate Trends

Investing in Kochi: Exploring Flats For Sale in the City

By ABAD Admin,

Kochi is an ideal city for real estate investment today. Backed by economic growth, an expanding IT sector, an expanding port, and a magnet for tourism, the real estate sector is experiencing unprecedented growth. It is the right time to investing in Kochi flats to make the most of the rapid urbanization and demand for housing by the working population. The rental returns and property appreciation trends in Kochi are very encouraging as many professionals are settling in Kochi. Investors who choose their investments wisely stand to reap excellent benefits in the future.

In this blog, we will explore the various options available in the residential real estate market.

Investment Options

Investors today have many options to invest in the residential real estate market. Flats in Kochi range from the budget segment to the luxury and ultra-luxury categories. The property types can range from apartments, penthouses, villas, bungalows, etc. Depending on their investment strategy and budget investors can choose the property type, area, configuration, and location.

Luxury Apartments

The growing economy and positive sentiment have boosted the earning potential of many young professionals. Kochi is known for its entrepreneurial spirit with many professionals and entrepreneurs building new successful businesses. The affluent youth seek luxury and ultra-luxury apartments and properties with high-end facilities and amenities. Investing in these luxury apartments for sale in Kochi is expected to earn high returns due to price appreciation.

Locations

1. Premium locations in Kochi like Marine Drive, Kadavanthara, and Panampilly Nagar offer many residential options like upscale, high-rise waterfront properties, opulent villas, and community residential complexes. These locations have excellent connectivity to major hubs and IT parks. Many corporates and executives prefer these locations due to the upmarket status and access to the best facilities and amenities.

2. Kakkanad, Palarivottam, Vytilla, and Edapally are locations with mid-segment to luxury apartments. These locations have a good mix of residential and commercial properties with good social infrastructure. A good public transport network with upcoming metro networks makes these locations well-connected to the city.

3. Aluva, Thrikkara and Vazhakkala are locations with budget apartments ideal for investments as these locations have good potential for growth. The price appreciation in these locations is expected to be high in the future. These Kochi flats for sale have a good mix of social facilities and employment zones ideally suited for working professionals.

Kochi is well known for its rich cultural heritage, scenic nature, and urban environment. This is ideal for young people to live and thrive. Hence investing in residential property in Kochi is a smart move.

How To Select the Best Real Estate Builder in Ernakulam
CategoriesBlog Kerala Real Estate

How To Select the Best Real Estate Builder in Ernakulam

By ABAD Admin,

The demand for real estate is at its peak. In Ernakulam, the demand is boosted by the growing economy, infrastructure, and rapid urbanization. In such a scenario, real estate builder in Ernakulam want to make the most of this golden opportunity. But what distinguishes a reputed builder from an ordinary one? How can one be assured that their lifetime savings are not being misused or that they will get their dream home delivered in time?

The introduction of RERA has instilled confidence in the real estate sector and streamlined property purchases. Yet, the developer’s reputation cannot be taken for granted. There is a lot at stake for most home buyers, especially first-time homebuyers who have their hopes and dreams tied to their homes. Property buyers and investors must leave no stone unturned while selecting the developer of their dream home.

This blog discusses some important pointers one must remember while considering builders and developers in Ernakulam.

1. Online Reputation

We live in the digital age where information is available on our palms within seconds. This is a privilege that we can exploit to get any information, even the reputation of developers. Past, present, and upcoming project details, reviews, and opinions of the flats for sale in Ernakulam are easily available online. Although one cannot trust them completely, getting a fair idea from them is possible.

2. Track Record

One of the best ways to understand a developer’s track record is to talk to their previous customers. Word-of-mouth feedback is the most reliable as it comes straight from the horse’s mouth. If construction quality and delivery time are the main concerns, one must rethink the decision of selecting the builder in Ernakulam. These are serious issues which cannot be ignored. Depending on their seriousness minor delays, repairs, and glitches may be overlooked. Another parameter one can consider is the builder’s response to complaints and concerns and the speed with which they are resolved. This reveals the builder’s attitude towards their customers and a builder who takes the customers for granted cannot be trusted.

3. Transparency

Transparency is the single most important factor that will determine the trustworthiness of a builder. This is especially true in property dealings as the quantum of money involved is high and the smallest doubt can have long-term repercussions. The information shared by the builder about the project in their communications should match the reality. Any deviation will raise doubts about the builder’s intentions. The details should be verifiable on RERA and all the due diligence regarding the titles and land should be clear. These are important factors that should be considered before deciding to invest in the project.

Reputed and branded builder in Ernakulam may instill a sense of confidence, yet the above-discussed aspects should always be clarified to be on the safer side. Ultimately, this is one of the most important decisions in most people’s lives.

Exploring Abad Builders' Residential Projects in Kochi A Guide
CategoriesBlog Kerala Real Estate

Exploring Abad Builders Residential Projects in Kochi

By ABAD Admin,

Abad Builders is a leading developer of residential and commercial properties in Kerala. They are known for their modern design concepts and contemporary architecture. Abad builders is constantly innovating to deliver flats in Kochi that meet the growing aspirations of homebuyers. The projects emphasize convenience, stability, and modernity.

The top three residential projects by Abad Builders in Kochi are discussed below:

1. ABAD Woods Park

Abad Woods Park is one of the bespoke, 2, and 3 BHK premium flats in Vytilla, Kochi today. The project is in Maradu near Vytilla, which is known to be the home of some of the finest residential hotspots in the city.

This plush project has 63 apartments covering 2811.00 sq.m. The pristine 2 BHK and 3 BHK apartments are incorporated with the best living amenities that modern professionals seek. Abad Woods Park is amid an eco-friendly atmosphere of well-maintained gardens, and easy accessibility to transport modes, shopping malls, healthcare, and various educational institutions.

2. ABAD Sunrise Park

Glazed in serenity and style, the tower of Abad Sunrise Park stands tall as an exclusive enclave of homes spread across 12 floors. This edifice is bound to delight its owners with its richness and unique architectural design. The 45 comfortably large 3 and 4-BHK homes with best-in-class common amenities and upgraded specifications are examples of comfort.

Peaceful walking paths and meditation gardens provide solitude to stressed minds. Ample spaces on the ground, first floor, and rooftop offer many leisure and recreational facilities allowing customers to entertain their guests and visitors.

With a sky bridge connecting two wings, the terrace offers enchanting features with many soothing amenities for elders, youngsters, and children to unwind and celebrate in the living spaces.

3. ABAD Signature

ABAD Signature has been designed to meet the needs for a comfortable downtime and respect for privacy. This landmark project, strategically located in Kochi’s fastest-growing area, overlooks the serene backwaters and is just a stone’s throw from the NH Bypass.

Offering 4-bedroom homes with efficient space utilization, this exclusive 31-apartment high-rise stands tall for its attention to detail and bespoke luxury. The exclusive layout, with only two units per floor, also offers wide balconies with spectacular views of the backwaters, making for the perfect setting for relaxation and rejuvenation.

Attention to detail is what separates Signature from the rest. Right from the main gate and the driveway leading to the porch and car park, through the double-height elegantly furnished entrance lobbies, to the plush lifts ABAD Signature stands out. The apartment floors, the party hall, the health club, and the swimming pool on the rooftop, are all carefully crafted to delight the residents every day. Everything is designed so that you can enjoy life fully with family and friends and celebrate life every day. Signature is the perfect oasis of comfort and grandeur you could wish for, in a home.

Abad Builders is leading real estate builders in Kochi who have delivered over 44 projects across Kerala to 3000 odd families.

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 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

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.

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