Things You Should Consider If You’re Buying a Budget Apartment in Thrissur

Everyone dreams of owning a home of their own one day, but the dream doesn’t always materialize for some. Rising costs of living, job losses and other factors can contribute to problems with accumulating a large enough down payment for your dream home. But you shouldn’t give up on your dream home because with a little bit of meticulous planning, fixing a budget and making some sacrifices, you too can become a proud homeowner, sooner than later.

Budget Apartments

Luckily for some, you now have the category of affordable or budget apartments available in the market too. Though they cost less than the luxury apartments, they are no less when it comes to quality of construction or types of amenities provided. Budget homes are built on plots that are cheaper in cost and located a little away from the city center, where plots cost more.

Hence, budget apartments in Thrissur are a great option for those looking to buy a home.

Plan Ahead

Because homebuying is a capital-intensive venture, you need to plan out your expenses according to your income and ensure that you have enough funds to pay monthly EMIs, monthly household expenses as well as a small savings fund for emergencies and retirement. Once you are done with this planning stage, you can finally go out and search for budget apartments in Thrissur. Here are some points to keep in mind while searching for a home:

Create a Budget

When determining a budget for your new home, do keep in mind all the additional costs that go with it. These will include registration and stamp duty costs (which are hefty), moving expenses, interior décor of your new apartment, maintenance costs (including monthly housing society expenses), etc. And all these are aside from the initial 20% down payment lump sum needed.

Space Matters

Some people make the mistake of buying apartments that are too small for their growing family. Check the carpet area of the apartment, its layout and BHK and see if it will be sufficient for your growing family’s lifestyle in the coming years. Do note that the carpet area doesn’t include the area covered by your terrace, your front porch or by the space taken up by your home’s outer walls. Living in confined, cramped homes only leads to strife and stress.

Location Matters

After deciding how much space you can afford to buy, you need to consider the location of your budget-friendly apartment in Thrissur. Its location should be in an affordable neighborhood that provides good social infrastructure to support your lifestyle. There should be good schools nearby in case you have school-going kids. It should also have easily accessible connectivity, crime-free neighborhood as well as career hubs nearby.

Credible Builder

The last crucial step to buying affordable apartments in Thrissur is going for projects built by reliable builders. Since your home is meant to last you a lifetime, go with builders who are known for their clear-cut transparent transactions, quality use of materials, an excellent team of architects and engineers and full belief in their own products.

If you are looking for budget apartments in Thrissur, look for projects by Vishraam builders. Known for their quality villas, apartments and flats, Vishraam builders are one of the top brands who guarantee you quality homes to last you a lifetime. Being recipients of numerous awards and accolades, Vishraam have over 23 years of responsible building experience, 46 completed residential projects as well as 3000+ happy customers.

It’s high time you became one too!