SymonWood
Joined: 03 Jun 2009 Posts: 1
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Posted: Thu Jun 04, 2009 9:03 am Post subject: Rs. 1 Crore apartments |
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Kerala flat and apartment developers have been transforming Cochin – Kerala’s fastest growing city - with International - styled flats, apartments, and villas. Quality housing delivered at modest price, an innovative building policy and comprehensive property management services for absentee property owners help serve the unique needs of a globally dispersed clientele.
The combination of prime location, aesthetic appeal, functional design, and optimum use of space and excellence of construction are some of the factors influencing even NRIs to opt for a Cochin flat or apartment.
In a city like Cochin space, constraints major land development. However, combining aesthetics with functional design, projects constructed with optimum use of space are at a premium. The inking of the Dubai Smart City project has send prices over the roof.
Where once Rs. 1 Crore seemed a high price to pay for a house or apartment, the question many vendors are asking nowadays of buyers these days in Cochin’s prime residential or commercial property market is “Do you have a crore or more to spare?” The surprise is that, in the blink of an eye, equally many buyers are answering with a resounding "Yes".
Such has been the growth in the number of properties fetching more than $1 crore that it has become clear it is no longer just the rich and famous forking out hefty sums for properties around town. It has become just another figure.
The growth in property prices, coupled with the increasing number of households that now have two incomes funding a mortgage, has helped to spur this growth.
Many realty builders offer tailor made housing loan facilities depending on the clients’ budget and repayment capacity. This is a turnkey service-the intending purchaser has to sign on the dotted line and all other formalities are handled by the builders. They offer easy, quick, and comfortable loan and installment options. |
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