Comprehensive Guide To Luxury Flats In Calicut
Posted on November 13, 2024Are you thinking about buying a fancy apartment in Calicut? You’re not alone! More and more people are looking for nice places to live in this beautiful Kerala city. Let’s help you understand everything about buying a luxury flat here.
Real Estate Market Trends in Calicut
Calicut’s property market is growing fast, making flats in Calicut increasingly desirable! The city is becoming more modern while keeping its old-world charm. New roads, shopping centres, and business areas make it a great place to live. This growth means property values are on the rise, making it a smart time to invest in flats in Calicut.
Also Read: Real Estate Market Trends in Calicut
Demand For Premium Lifestyle Flat Increases In Calicut
Why are so many people choosing luxury flats in Calicut? It’s simple – they want better living spaces with nice features. Young professionals and families are moving here because these flats offer comfort and style at better prices than big cities.
Also Read: Demand For Premium Lifestyle Flat Increases In Calicut
Top 10 Benefits of Living in a Lifestyle Flat in Calicut
- Better security with 24/7 guards and cameras
- Clean, filtered water supply
- Backup power so you never face blackouts
- Nice gardens and play areas for kids
- Gym and swimming pool in many buildings
- Close to schools, hospitals, and shopping
- Clean air and less noise than the city centre
- Regular maintenance team to fix problems
- Meeting halls for family events
- Friendly community of neighbors
Also Read: Top 10 benefits of living in lifestyle flat in Calicut
Comprehensive Guide To Luxury Flats In Calicut: Smart Buying Tips
1. Don’t Rush – Good Things Take Time
Plan to spend about 6 months on your search. Trust me, you’ll be glad you didn’t rush into the first nice flat you saw. Each week brings new listings, and that perfect home might just pop up when you least expect it.
2. Check Everything Carefully
You need to check certain factors like the location, the builder’s reputation, the construction quality, whether there is ample parking, the plumbing and electrical fixtures used, power backup, and so on. What amenities is the builder offering? Gym, swimming pool, landscaped gardens, clubhouse, party hall, 24/7 security with CCTV cameras, multiple elevators, EV charging points, and so on are expected nowadays.
3. Find Your Property Guru
Having a good real estate agent is like having a smart friend in the business. They know which builders cut corners and which ones deliver gold. Plus, they often hear about great places before they hit the market.
4. Do a Physical Check
Don’t just look at pictures online. Go and see the flat yourself. Take someone who knows about buildings with you. Seeing is believing, so it’s important to verify in person.
5. Compare Prices
Sure, the flat might fit your budget but don’t forget about factors like monthly maintenance bills, property tax, insurance costs, and saving for future repairs
You will also need to do some interior decorating, purchasing appliances, and more. You can of course, apply for a home loan. Here also, choose a loan that you can afford to pay back, in terms of EMI
6. Location
Ideal location for a flat is a safe and secure neighbourhood, and one that is not far from the main roads. Access to public transportation, basic educational and health facilities, essential stores and markets, and services like laundry, medical labs, and such. Having recreational facilities, gardens, parks, entertainment centres, movie theatres, restaurants, and so on will be a great bonus.
7. Know Your Builder
It is important that you choose the right builder. How to know which one is perfect? Verify the following factors:
● Has a track record of finishing on time
● Builds homes that still look good after 5 years
● Has more satisfied customers
● Give clear paperwork
● Offer good after-sales service
8. Ensure proper documentation
Double-check every permit and document. It’s boring, but way better than legal headaches later!
Remember, this isn’t just buying four walls and a roof – it’s choosing your family’s home. Take your time, trust your gut, and ask every “silly” question that comes to mind.
Conclusion
Owning a luxury flat is much easier today than it was some years ago. Incomes have increased with higher salaries and more earning members in the family. Home loans are also available much more easily. You only need to make sure that you are not rushing into anything.
PVS Builders is a leading builder in Calicut and has delivered several outstanding luxury flats with world-class amenities. Their projects can be found in the best residential localities in Calicut.
FAQ
What makes Calicut an attractive location for buying a luxury flat?
Calicut is rapidly modernizing while retaining its historical charm, making it an ideal place for both investment and living. With the development of new infrastructure like roads and shopping centers, alongside rising property values, it offers a promising opportunity for both young professionals and families seeking a premium lifestyle in a culturally rich city.
What should I look for in a luxury flat in Calicut?
When choosing a luxury flat, consider factors such as the builder’s reputation, construction quality, location, and available amenities like gyms, swimming pools, and security features. It’s also important to check for practical aspects like parking availability, power backup, and water supply. Ensuring the flat is in a safe neighborhood close to essential services and recreational facilities is also crucial.
How can I ensure I’m making a wise investment when buying a luxury flat in Calicut?
Take your time to explore various options and do not rush the buying process. Engage a reliable real estate agent who understands the local market and can provide insights into the best properties and builders. Additionally, conduct thorough checks on all documentation and permits to avoid future legal issues, and compare prices and terms of home loans to ensure financial feasibility.