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Understanding the Real Estate Market in Thrissur

Thrissur is a bustling city in the southern Indian state of Kerala, known for its rich cultural heritage and vibrant local economy. As a result, the city’s real estate market has become a hotbed of activity in recent years, with investors and homebuyers alike looking to capitalize on its potential. In this blog post, we’ll take a closer look at the real estate market in Thrissur and what you need to know before getting involved.

First, it’s important to understand the current state of the real estate market in Thrissur. Like many cities in India, the market has experienced some ups and downs in recent years. However, overall the trend has been positive, with demand for properties remaining strong despite some economic uncertainty.
One of the factors driving this demand is the city’s growing population. With more and more people choosing to call Thrissur home, there is a constant need for new housing to accommodate this growth. Additionally, the city’s status as a cultural and economic hub in the region makes it an attractive destination for businesses and individuals alike, further fueling demand for real estate.

Another key factor in the Thrissur real estate market is the role of government policies and regulations. In recent years, the state government of Kerala has taken steps to promote affordable housing and encourage investment in the real estate sector. This has included initiatives like the Kerala Affordable Urban Housing and Habitat Policy, which aims to provide affordable housing options to low-income households, and the Kerala Infrastructure Investment Fund Board, which provides funding for infrastructure projects that support real estate development.

Of course, like any real estate market, there are also some challenges and risks to be aware of in Thrissur. One of the biggest is the potential for oversupply. With so many new projects and developments popping up, there is a risk that supply may outstrip demand, leading to a glut of unsold properties and declining prices.
An additional risk is the possibility of fraud and scams. As the real estate market heats up, there is always the possibility of unscrupulous actors taking advantage of buyers and investors who are relatively new to the market and may have less familiarity with it. It’s important to do your due diligence and work with reputable developers and agents who have a proven track record of success.

Despite these challenges, however, the real estate market in Thrissur remains an attractive option for those looking to invest in property in India. Whether you’re a first-time homebuyer looking for a starter home or a seasoned investor looking for a new opportunity, there are plenty of options available in this vibrant and growing city.

Ultimately, understanding the real estate market in Thrissur requires a careful balance of research, diligence, and intuition. By staying informed about the latest trends and developments, and working with trusted professionals who can guide you through the process, you can make informed decisions that will help you achieve your real estate goals and succeed in this exciting market.

Vishraam Builders boast appealing projects that are worth considering. Secure your spot today

Top 5 Checklist Before Buying a Flat or Apartment in Thrissur

If you’re in the market for a new home in Thrissur, buying a flat or apartment can be a great option for many reasons. With a variety of affordable and luxurious options available, it’s easy to find something that fits your needs and budget. However, prior to signing any agreement, it is crucial to conduct thorough research and ensure that you are receiving the most advantageous deal available. Here are the top 5 checklist items to consider before buying a flat or apartment in Thrissur.

Location

One of the most important things to consider when buying a flat or apartment is its location. Thrissur is a sprawling city, and where you live can have a big impact on your quality of life. Make sure you choose a location that is convenient for your daily needs, whether that means being close to work, schools, or other amenities. It’s also important to consider the neighbourhood itself. Is it safe and well-maintained? Are there green spaces or other public areas nearby? Take the time to explore the area and get a sense of what it’s like to live there.

Budget

Another important factor to consider when buying a flat or apartment in Thrissur is your budget. While there are many affordable options available, it’s still important to set a realistic budget and stick to it. Look for properties that offer good value for money, and be wary of any that seem too good to be true. Keep in mind that there may be additional costs beyond the purchase price, such as maintenance fees, taxes, and insurance.

Size and Layout

When it comes to choosing the right flat or apartment in Thrissur, size and layout are key considerations. Consider your current and future space requirements when making your decision. Will the property be suitable for a growing family, or do you need something smaller and more manageable? Consider the layout of the property as well. Are the rooms well-proportioned and functional? Is there enough storage space? Take the time to view the property in person and get a sense of how it feels to live there.

Amenities and Features

Thrissur has no shortage of luxury flats and apartments, and many of these properties offer a range of amenities and features. From swimming pools, fitness centres, parking and 24-hour security, there are plenty of perks to consider. However, it’s important to make sure that you’re not paying for amenities that you won’t use or don’t need. Think about what’s important to you and your lifestyle, and choose a property that offers the features that matter most.

Reputation and Reviews

Last but not least, it’s important to do your due diligence when it comes to choosing a flat or apartment in Thrissur. Look for properties from reputable developers and builders with a track record of quality construction and customer service. Check online reviews and ratings from other residents, and ask around in the local community to get a sense of the property’s reputation.

To sum up, purchasing a flat or apartment in Thrissur can be a gratifying and exhilarating experience, however, it is vital to approach the process with mindfulness and vigilance. By considering these five checklist items before making your purchase, you can ensure that you find a property that fits your needs and budget.

We encourage you to personally visit the property and experience what it would be like to live there. Vishraam Builders offer impressive projects that may interest you. Don’t hesitate to reserve your space now!

Steps to Create the Perfect Workspace at Home

The pandemic has changed the way people work, live and socialise. To stay safe and ensure social distancing norms, almost everyone who can work from home has had to create a dedicated space to call a home office. Since not all homes come with provisions for a home office, you need to get innovative with your imagination and create a workspace that’s functional, comfortable and away from homely distractions.

Here are some tips to help you create the perfect workspace at home:

Choosing the right spot

Instead of moving from place to place in search of privacy or inspiration, choose a fixed spot for working from home. It should also be peaceful and comfortable. The best spot should ideally be away from distractions, clutter and home responsibilities. Once you know what derails your attention, you can choose a spot that’s free of such distractions. This could be background noise, kids running around, appeal of the TV or sight of pending housework.

Choose a spot that will promote productivity and offers a neat background for those times when you need to have video meetings.

Get connected

Depending on the type of work you do, some of the essential things you will need to work will include a laptop, or desk top, phone charging point, printer, etc. Make sure your home office is located close to a power point, or consider getting a multi-plug extension cord to plug in all your devices. Another important issue to factor in is Wi-Fi connectivity. Ensure your workspace has strong signals to facilitate smooth flow of data.

Proper lighting

Since you will be spending many hours at your workspace, ensure proper lighting to avoid eye strain. If there is no natural light streaming in, consider placing your table in a way that ensures sufficient artificial lighting. Avoid backlighting as it doesn’t work well with video calling. A blank wall behind you will create the perfect, uncluttered background necessary for your web meetings.

Focus on ergonomics

Your work space sets your mood for getting work done. Make it a comfortable and peaceful zone. Brighten it up with some greenery or an inspiring piece of art. But more important than everything else is the type of table and chair you will be using. Ensure that the table is of just the right height and your office chair is ergonomically designed to prevent slouching or back pain. If necessary, prop it up with some cushions.

And if you are living in a Vishraam home, you don’t have much to worry about. Vishraam builders consistently provide architecturally designed living spaces that thoughtfully provide room for all your needs. With over 2000 satisfied customers, 44+ projects spanning an expansive 20 years, Vishraam homes provide the ultimate living experiences. What’s more, every project ensures conservation of natural resources, minimizing waste generation and pollution control. Do check out the multiple Vishraam projects featuring luxurious apartment and villas located in and around Thrissur.

Know your Rights as a Home Buyer

Taking the decision to buy a home is one of the best long-term investments you could ever make. Becoming a homeowner also brings with it immense feelings of joy and pride. However, buying a home isn’t just about liking a house, arranging finance and buying it. It does involve a lot of paperwork and legalities too, which you need to be aware of before signing on the dotted lines.

Some of the legal paperwork comes with uncommon set of terminologies and jargon that tell you about your legal rights as a home buyer. These rights give you the power to sell, rent out or use the property for profit as you wish – provided its not infringing on anyone’s rights. Here’s a look at some of your legal rights as a home buyer:

Purchase of Property

If you are buying an ‘under-construction’ home, it comes under the ambit of RERA. In case any discrepancies arise with the property or purchase, you can always seek recourse from the RERA body. The same doesn’t apply to ‘ready-to-move-in’ apartments however, in which case you will have to seek recourse from the district level redressal tribunal.

Right of possession

This refers to the ownership or title document received by you after paying for a home or arranging for a home loan for its purchase. However, true legal ownership of the house only comes into play after you have payed off all the dues, including taxes.

Property Registration

As per rules for property registration laid out in the Indian Stamps act in 1899, the buyer has to pay 2% of property value as registration charges. The buyer also has to pay 4-10% as Stamp Duty, depending on the Indian state where property is located. The buyer cannot be legally termed the owner until these charges have been paid in full.

Exclusion rights

As the owner of the property, you have the exclusive right to control entry of those who can access your home, including the law enforcement (unless they have a valid warrant).

Renting laws

Recent attempts to upgrade the archaic laws regarding renting have given privacy rights to the renters. The landlord (property owner) cannot enter the home without given prior 24 hours’ notice. At the same time, the landlord holds the rights to not renew the lease contract once it expires or gets terminated.

Selling rights

The owner has every right to sell their property as per their wish. However, any pending pending home loan will have to be cleared up first.

These rights are applicable to every home buyer and if you are planning on buying an apartment of villa in Thrissur or its surroundings, then you can arm yourselves beforehand with this information. Vishraam builders have delightful apartment and villa projects located in key areas of this heritage city. Every project is meticulously architected and built using eco-friendly practices, with amenities that focus on preserving natural resources. Do have a look at them!

Rainwater Harvesting Methods in Apartments

Water is the elixir of life and human existence just isn’t possible without it. Along with global climate changes, rainfall patterns are changing too. Urban areas with their ever-increasing population, are facing the effects of water shortages, especially during the dry season. To counter this, the government has made it mandatory that every new high-rise building structure that’s built in over 5 cents of land, should have a rainwater harvesting system in place.

This is applicable in apartment buildings too, where multiple families live and water consumption is high. Builders are required to provide an in-built rainwater harvesting system that collects rooftop as well as surface run-off and directs it into underground tanks. This water can be used for non-drinking purposes during the times when water is scarce.

Benefits of rainwater harvesting

  • Rainwater can be used to recharge groundwater which is getting depleted due to over-dependence on it.
  • Stored rainwater can be used during the dry season when water scarcity can hit the city.
  • Rainwater harvesting also reduces the chances of flooding in low-lying city areas – especially during sudden heavy rainfall.
  • Rainwater can be used for watering plants and the landscaped areas of the apartment complex.
  • It can also be used for washing cars, flushing toilets, cleaning common areas, etc.
  • Harvested rainwater can also be used to recharge natural underground aquifers that feed bore wells.

Rainwater harvesting system

This usually involves a network of PVC pipes that run along the edges of the apartment’s rooftop. This rooftop rainwater is directed into underground storage tanks and used for non-drinking purposes or for groundwater recharge. Surface water is collected through drains and directed into these tanks. Usually, a natural filtration system is set -up in these sumps consisting of gravel and fine sand to remove dirt, color, microbes and other water contaminants.

After filtration, the clean water collects in another storage tank from where it can be used for general purposes.

Maintenance

Do note that the rainwater harvesting system needs regular maintenance too. There should be periodic cleaning of drain pipes and gutters and debris cleared out so that the mesh is free from blockage. Maintain a clean rooftop too, to prevent debris collection.

For those planning on buying a Vishraam apartment in Thrissur, rest assured that there is a rainwater harvesting system already in place. As Vishraam builders are strong believers in conservation of natural resources, their every project is centered around preventing adverse environmental impact on nature.

With emphasis on reusing, recycling and restoring nature and natural products, its not surprising then that Vishraam builders were also the first to build a green-certified residential complex in Thrissur!

Come home to Vishraam, where homes are built responsibly and stories end happily.

Apartment Safety Tips for Senior Citizens

The natural human aging process includes bone weakness, infirm joints and a weaker grip. All these can lead to senior citizens being at greater risks of falling or hurting themselves easily. The evolving family structure in India also means that the elderly are often left alone to fend for themselves.

An important way to keep your elderly ones safe is by providing them with a home that is more suited to their needs. Here are some effective senior citizen-friendly safety tips to think of:

Apartment living

The elderly are safer living in gated communities such as that provided by apartments. Living in separate houses can expose them to unfortunate events. Apartments, on the other hand, offer greater security and a number of useful facilities and amenities, making them better options for senior citizens.

Well-lighted spaces

With one of the issues of old age being weakening eyesight, you should ensure all areas, including the hallways, steps and corners, are well-lit in their home. Lights inside dim cupboards is another useful tip too. Or you could just simply ask them where they want more light!

Bathrooms

Since bathrooms are very risky for the elderly, you need to make them completely fall-proof. Some things to include are grab bars near the commode and the shower areas. A high-rise commode, shower chair, anti-slip mats and hand-held shower are other useful additions you can think about. All these tips should make their bathroom a comfortable and safer space.

Floors

Slippery floors are another major cause of injuries among the elderly. Getting rid of all carpets and rugs that can slip should be an early priority. The floor tiling should be of the anti-skid variety too and areas prone to getting wet like the kitchen and bathroom should have anti-skid mats. Ensure that there is no clutter lying around that could cause a trip or fall.

Easy Access

These could include a variety of features that are especially adapted to the senior citizen age group:

  •  Doorways should be wide enough for wheelchairs.
  •  Lever door handles that are used easily.
  • Switches, plug points and locks/bolts should be at an elderly-friendly level.
  •  Furniture should be at an ideal height.
  • An emergency buzzer in each room is a necessity too.

For those on the lookout, Vishraam builders in Thrissur have an amazing offering called Vishraam Aanandita apartments that are uniquely designed to fit the special needs of senior citizens. Some of the additional features include on-demand housekeeping services, laundry, grocery shopping, banking, bill payments, taxi services and travel agency support. Amenities available include a common dining area, a TV area, a prayer and meditation hall, a health and recreational center, landscaped park to relax in, with everything coming under comprehensive 24×7 security and surveillance. Aside from these facilities, on-call medical, pharmacy, physiotherapy and lab testing services are also made available.

Homes for senior citizens couldn’t get better than Vishraam Aanandita apartments!