Important Guidelines for Choosing the Right Apartment
Categories2 BHK APARTMENTS IN TRIVANDRUM 3 BHK Apartments near Lulu mall Trivandrum 3BHK Apartment at Ulloor 3BHK Apartments at Pettah 3BHK APARTMENTS IN TRIVANDRUM

Important Guidelines for Choosing the Right Apartment

Imagine an apartment in the city, close to work and school, dotted with all the amenities and conveniences you need, in a great neighborhood, and at a fair price. That’s the dream for many of us, right? Well, finding your dream apartment isn’t as tough as it may seem. With some smart research and the right builder, you can make it happen. We have some essential guidelines lined up to help you choose a suitable apartment. 

1. Define your budget

Before you start looking for apartments, the first thing to decide is your budget. Most reliable builders can help you arrange monthly payments through partnerships with trusted financial institutions. To figure out your budget, just analyze your monthly income and expenses. Ideally, your home payments should be no more than 30% of your salary. Setting a budget will help you narrow down your choices and you can then choose from a variety of budget-friendly apartments.

While buying your apartment, it’s crucial to consider government-imposed charges, including registration and stamp duty fees, which can significantly impact your expenses. Additionally, accounting for related costs like notary fees and potential legal expenses is also necessary. You should also include these costs while planning the budget for buying your apartment.

2. Assess the location 

The location of your ‘ideal’ apartment matters. It can affect your everyday life in many ways. Think about your daily routine. How far is your workplace? Are stores, hospitals, and schools nearby? Additionally, consider the resale value of the apartment based on its location. Investing in a property in a sought-after area not only ensures a good return on investment but also attracts potential renters. Ultimately, the right location depends on your lifestyle and what’s important to you. Choose wisely, and you’ll find an apartment that fits just right.

3. Check out amenities and features

One crucial factor in selecting the ideal apartment is assessing the available amenities. Top builders in Trivandrum strive to integrate top-notch modern conveniences, simplifying your daily life. Take a moment to compile a list of your essential amenities, such as a fitness center, children’s play area, or communal party space. Additionally, ensure that the apartments have reliable water and power supplies. By prioritizing these amenities, you can find the right apartment that matches your lifestyle and requirements.

4. Evaluate carpet area and layout

When it comes to the ideal apartment, preferences can vary greatly from person to person. One key factor to consider is the carpet area, which refers to the usable space within the apartment, excluding walls and common areas. For those in need of a spacious apartment with an extra room for a home office, a 3BHK apartment might be the way to go. Conversely, if you’re looking for something simpler with a smaller carpet area, a more compact apartment could be the answer.

To make the right choice, consider scheduling a site visit with your realtor. This allows you to assess various factors such as furniture placement, overall spaciousness, apartment layout, number of bathrooms, living room space, balcony placement, and more. 

5. Appraise the reputation of the builder

When you’re buying an apartment, you’re making a big investment for your future. So, it’s crucial to pick a reputable builder with industry experience. This way, you can have confidence in their service, amenities, and after-sales support. You can check their website to have a quick go-through of their accreditations and previous client reviews. 

Also, verify their licenses and paperwork before finalizing the deal. Ensure the builder’s registration complies with state-specific RERA norms. For instance, if you’re seeking an apartment in Trivandrum, verify that the builder adheres to KRERA (Kerala Real Estate Regulatory Authority) guidelines. It’s all about making sure your investment is safe and your new home is in good hands. 

6. Examine safety and security factors

Your safety and that of your belongings should be paramount when selecting an apartment. Begin by inquiring about the security measures in place at the apartment complex, such as advanced entry systems like biometrics, surveillance cameras, intercom or entry systems for visitor screening, the presence of security personnel, and well-lit common areas. It’s also advisable to choose an apartment situated in a safe neighborhood with low crime rates. By addressing these factors, you can ensure a secure and worry-free living environment in your chosen apartment.

In conclusion, finding your dream apartment is an exciting journey that becomes simpler when you have the right guidance. Make a list of all your requirements, find your ideal location, and finally, find the right builder. If you’re in search of 3BHK or 2BHK apartments in Trivandrum, you can confidently approach Sun Homes, one of the best builders in Trivandrum. With their expertise and dedication, you’ll be one step closer to securing your ideal home. 

 

Is Now The Right Time To Buy an Apartment in Trivandrum?
Categories2 BHK APARTMENTS IN TRIVANDRUM 3 BHK Apartments near Lulu mall Trivandrum 3BHK Apartment at Ulloor 3BHK Apartments at Pettah 3BHK APARTMENTS IN TRIVANDRUM

Is Now The Right Time To Buy an Apartment in Trivandrum?

Are you excited about the wonderful opportunities in Trivandrum? Are you thinking of settling down in Kerala’s capital city? If you’re wondering whether it’s the right time to buy an apartment in Trivandrum, listen to what the best builders in Trivandrum have to say. We’ll explain why now is the perfect time to buy a 2BHK or 3BHK apartment in Trivandrum. Get ready to make your dream home a reality in this amazing city!

Why is this the Right Time to Buy an Apartment in Trivandrum?

1. Trivandrum is developing 

The capital city of Kerala is undergoing an unprecedented phase of development, driven by initiatives like the “Light Metro” project and the upcoming Vizhinjam International Transhipment Deepwater Multipurpose Seaport. These endeavors are set to reshape the city’s landscape and unlock significant economic potential.

As transportation and amenities improve, Trivandrum’s real estate market is expected to experience remarkable growth. Investing in a Trivandrum apartment now could prove to be a lifetime opportunity, with the city’s growth trajectory indicating substantial appreciation over time. The value of your investment is poised to flourish alongside Trivandrum’s promising expansion.

2. Rental income

Technopark is among India’s largest IT hubs, employing over 72,000 IT professionals and hosting 480 companies. Its strategic location in the capital city inherently boosts the investment value of your apartment. This advantage extends to Non-Residential Indians (NRIs) who can consider investing in Trivandrum flats, providing a dependable source of rental income.

The city’s demand for rental flats caters to a diverse group, including Technopark employees, airport staff, students, and faculty from leading colleges in Trivandrum. This demand ensures a strong market for rental properties, making your Trivandrum apartment a promising source of consistent rental returns.

3. High demand in the real estate market

In the wake of the COVID pandemic, numerous companies are embracing remote work or hybrid models, leading to a surge in demand for 2BHK and 3BHK apartments. If you are working a remote job or doing a hybrid model, it will be a good idea to buy an apartment instead of a rental option. 

4. Easier home loans

Navigating the path to owning an apartment in Trivandrum has been made notably smoother through the introduction of EMI payments and low-interest home loans. Banks who are partners with top builders in Trivandrum are presently extending home loans at remarkably reduced interest rates, to attract more home buyers. Typically, a recommended benchmark is dedicating 35% to 40% of your income toward your home loan EMI. If that fits your budget, there’s no reason why you can’t achieve your dream of owning an apartment in Trivandrum.

5. Reduced tax liability

When you invest in a Trivandrum apartment, you can also avail certain tax benefits. One key avenue is through Section 80C of the Income Tax Act, which permits individuals to claim deductions on the repayment of the principal component of their housing loan. This allows for tax deductions of up to Rs. 1.50 lakh, effectively easing your tax burden. Additionally, investors can also benefit from tax deductions on the interest paid on the home loan, further contributing to potential savings.

6. Safe and convenient city to live in

Trivandrum has already been recognized as one of India’s most livable cities. It consistently ranks among the top cities to live in India. This is due to its high standard of living, excellent healthcare, and quality education. A noteworthy feature that sets Trivandrum apart is its commendably low crime rates, instilling a sense of safety and security for its residents. The well-maintained roadways and disciplined traffic flow further contribute to the city’s allure, fostering an environment of convenience and ease of transportation.

Have you made up your mind?

The real estate scene in Trivandrum is experiencing an unprecedented boom, thanks to numerous development projects. This makes buying an apartment in Trivandrum a potentially lucrative investment, given the high demand in the city’s buyer market. Moreover, it presents a great opportunity for stable rental income. As one of India’s most livable cities, Trivandrum is the perfect choice for your dream apartment.

If you’re on the hunt for the ideal Trivandrum apartment, look no further than Sun Homes. Our projects span key city locations and come packed with modern amenities, ensuring you make the best investment. Connect with the top builders in Trivandrum to explore the array of 2BHK and 3BHK apartments in the city. Want to learn more about our apartments in Trivandrum? Get in touch.

 

Top Builder in Trivandrum

Discover the epitome of luxurious living with Sun Homes, one of the most trusted builders in Trivandrum. With over 15 years of unwavering commitment and visionary expertise, we have embarked on a transformative journey that sets us apart in the real estate landscape. At Sun Homes, we redefine living spaces, offering exquisite 2 BHK and 3 BHK apartments in Trivandrum. Our designs are a testament to our dedication to combining aesthetics with functionality and creating homes that surpass expectations. As one of the best builders in Trivandrum, we take pride in our solidified reputation for excellence.
Explore our major apartment projects, located strategically in prime areas such as Ulloor, Near Lulu Mall, and Pettah. These sought-after locations ensure that our properties are not just residences but lucrative investments in lifestyle and convenience. Experience the perfect blend of sophistication and comfort at our apartments in Trivandrum.
Invest in your dream home with us, where luxury meets innovation, and every detail is crafted with precision. Sun Homes – redefining living, redefining Trivandrum.

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Sun Projects India (P) Ltd, a company incorporated under the Companies Act 1956 with its registered office at Trivandrum, Kerala. It is an ISO 9001:2015 Certified company.

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