Why is Owning Flats in Calicut More Beneficial than Buying a House?Posted on September 29, 2023
Calicut, a coastal gem in the southern state of Kerala, has witnessed a remarkable transformation in its real estate landscape. As the demand for residential properties continues to grow, one notable trend has emerged the increasing preference for owning flats in Calicut over traditional house purchases. The real estate market in Calicut has experienced a significant surge in recent years. With a blend of modernity and tradition, Calicut attracts homebuyers seeking a unique lifestyle amidst natural beauty and cultural richness. The rising trend of flat ownership has gained momentum as urbanization and changing lifestyles have shifted the focus toward convenience, amenities, and cost-effectiveness. Flats offer a compelling alternative to conventional standalone houses, aligning with the evolving preferences of homebuyers.
Benefits of Preferring Flats in Calicut Over Buying a House
Buying apartments in Calicut can save you money in several ways compared to buying a traditional house. Here’s how flats can be a smart choice for your wallet:
Lower Initial Cost – Flats are usually cheaper to buy upfront than houses. This means you don’t need as much money to get started with flat ownership. It’s especially helpful if you’re a first-time buyer or want to invest in property without a big initial expense. Plus, builders in Calicut often offer payment plans to make buying a flat easier on your budget.
Lower Bills – When you own a flat, you often pay less for maintenance and utilities (like electricity and water) compared to a house. Flats are built to be efficient, which means you spend less on energy and water. Plus, many costs for things like keeping shared areas clean and safe are split among all flat owners. Hence, you don’t have to cover everything yourself.
Make Money from Rent – If you’re thinking about flats as an investment, there’s good news. Flats are in demand for rent because of the growing population and job opportunities. So, you can earn a steady income by renting out your flat. Flats are also easier to find renters for compared to houses, which can mean more money in your pocket. Buying a studio apartment will also provide you with a good monthly income.
Amenities and Facilities
Choosing to own a flat in Calicut comes with a delightful array of amenities and facilities. It will definitely enhance your quality of life and offer a level of convenience and luxury that traditional houses may not provide.
Access to Modern Amenities within Apartment Complexes – One of the primary attractions of owning a flat in Calicut is the access to modern amenities conveniently located within the apartment complex. These amenities are designed to cater to the diverse needs and preferences of residents. Commonly featured apartment amenities list provided by builders in Calicut includes:
Clubhouses: Many apartment complexes have spacious clubhouses that serve as social hubs. Residents can use these areas for gatherings, parties, meetings, or simply to relax and unwind.
Fitness Centers: State-of-the-art fitness equipped with exercise machines, weights, and fitness classes are often available for health-conscious residents.
Swimming Pools: Pools provide a refreshing escape and are perfect for leisurely swims or water workouts. They are especially appreciated in Calicut’s tropical climate.
Children’s Play Areas: Safe and well-maintained play areas are a boon for families with children. These spaces are designed to encourage outdoor activities and social interaction.
Landscaped Gardens: Landscaped gardens offer a serene environment where residents can take leisurely walks, meditate, or simply enjoy nature within the apartment complex.
Indoor Games Rooms: From table tennis and billiards to chess and board games, indoor games rooms offer residents a place to enjoy recreational activities without leaving home.
Security and Community Living Advantages – Flat ownership in Calicut often comes with the advantage of enhanced security and a sense of community. Apartment complexes typically have security measures in place, such as gated entrances, surveillance cameras, and security personnel. This provides residents with peace of mind, knowing that their safety is a priority. Community living fosters a sense of belonging and social interaction. It offers opportunities to build friendships, celebrate festivals together, and engage in community events and activities. The tight-knit community often provides support and a sense of camaraderie, which can be especially valuable for newcomers to the area. You can also check out the apartment security tips to know more about the security available for apartments.
Facilities like Gyms, Swimming Pools, and Playgrounds – The inclusion of facilities like gyms, swimming pools, and playgrounds within apartment complexes adds tremendous value to the living experience. These facilities promote physical fitness, recreation, and a healthy lifestyle. Residents can conveniently use these amenities without the need for a separate membership or commute to external facilities.
Maintenance and Upkeep
Life in flats offers a hassle-free living experience when it comes to maintenance and upkeep. Here’s why:
Minimal Exterior Maintenance Responsibilities: One of the significant advantages of flat ownership is the reduced burden of exterior maintenance. Unlike standalone houses with yards and gardens that require regular care, flat owners typically have minimal exterior responsibilities. Common areas, landscaping, and building exteriors are maintained by the apartment complex management. This means you don’t have to worry about tasks like mowing the lawn, painting the exterior, or fixing the roof. It frees up your time and ensures that the overall aesthetics and condition of the property are well-maintained.
Property Management and Professional Upkeep Services: Many apartment complexes in Calicut are professionally managed, ensuring that maintenance and upkeep are handled efficiently. Property management teams oversee routine maintenance, security, and common area upkeep. They are responsible for coordinating repairs, cleaning, and general upkeep, sparing residents the hassle of dealing with these tasks. This level of professionalism and expertise contributes to the overall well-being of the property. Also, they keep an apartment maintenance checklist for regular maintenance.
The Convenience of Lock-and-Leave Living: Lock-and-leave living is a significant convenience offered by flat ownership. Whether you’re a frequent traveler or simply prefer a low-maintenance lifestyle, flats provide the flexibility to lock your door and leave without concerns about property security or upkeep. This lifestyle convenience is particularly appealing to those who lead busy lives and want to enjoy their homes without being tied down by maintenance obligations.
Investing in flats in Calicut presents a promising opportunity for several reasons, making it an attractive option for those looking to grow their real estate portfolios.
Potential for Higher Appreciation in Value: Calicut’s real estate market has witnessed consistent growth in recent years, driven by factors such as infrastructure development, increasing urbanization, and a thriving job market. Flats in well-located residential areas in Calicut have the potential for higher appreciation in value over time. As demand for housing continues to rise, property values tend to follow suit, offering the potential for profitable returns on investment.
Diversification of Real Estate Portfolio: Owning flats allows investors to diversify their real estate portfolios. Diversification is a sound investment strategy that spreads risk across different types of properties. Flats offer an alternative to traditional house investments, helping investors achieve a balanced and diversified real estate portfolio that can withstand market fluctuations.
Easier Resale and Liquidity: Flats often enjoy greater liquidity and ease of resale compared to houses. The demand for flats is generally higher due to their affordability and urban appeal. This makes it easier to find buyers or renters when you decide to sell or lease your flat. The quicker turnaround time for resale transactions can be advantageous for investors looking to capitalize on market opportunities or adapt to changing circumstances.
Customization and Modern Designs
Modern Architectural Trends in Calicut Flats: Calicut’s real estate market is constantly evolving, and premium flats in residential areas in Calicut reflect the latest architectural trends. These trends often prioritize aesthetics, functionality, and sustainability. Modern flats in Calicut feature contemporary designs that blend seamlessly with the urban landscape. Open floor plans, large windows for natural light, and innovative use of materials are common features. Additionally, architects often incorporate elements of traditional Kerala architecture, creating a unique fusion of past and present.
Flexibility in Interior Design and Personalization: Flats offer residents flexibility when it comes to interior design and personalization. You have the freedom to transform your flat into a space that reflects your taste and lifestyle. Whether you prefer a minimalist, Scandinavian-inspired design or a vibrant, eclectic style, flats provide a canvas for your creativity. This flexibility extends to layout modifications, allowing you to tailor your living spaces to your specific needs.
Energy-Efficient Features and Green Living Options: Future home technologies are making their way into apartments of premium builders. These technologies include energy-efficient lighting, heating, and cooling systems. Many flats are designed with sustainability in mind, incorporating green building materials and energy-efficient appliances. These features not only reduce your carbon footprint but also lead to cost savings on utilities. Furthermore, some flats offer eco-friendly amenities like rainwater harvesting and solar panels, contributing to a greener and more sustainable lifestyle.
Buying a flat in Calicut means you are updated and ready to explore modern architectural trends. Additionally, you can enjoy flexibility in interior design and benefit from energy-efficient features and green living options. Flats in Calicut are not just places to live; they are innovative spaces that cater to your evolving lifestyle. Moreover, these ensure you stay connected with the future of home technologies and sustainable living.