If you are planning to look for luxury villas or apartments, purchase of property in Kerala is one of the best investments for several reasons. Property ownership is a matter of prestige; property appreciation is always happening because the available land does not grow. Property may be sold, rented, or leased off and healthy returns on your investment may be obtained.
Here are some things you need to consider when thinking of investing in Kerala real estate:
- Title Deed
Review the title deed and verify that it is clear – that the seller owns or has not mortgaged it or sold it as a property. It would be wise for a lawyer to review all the documents. When you plan to buy an apartment or villa, check whether the builder owns the property or simply the rights to development.
- Land Use Zone
Ensure that the land you purchase has been dedicated to your intended purpose. For example, if you buy a commercial building property in Kerala, make sure that it is spread commercially.
- Agricultural Land
You must have the authorisation to transform the land into non-agricultural land and obtain a certificate from the District collector if you purchase land designated for agriculture.
If you want to buy an apartment, it is crucial that you check all the documents. Ask if the relevant municipal authorities have approved the project. Check also whether the builder has received other necessary approvals such as the environment clearance, commencing certificates, etc.
- Release and Encumbrance Certificate
If an apartment is a resale property you buy, check if it is locked up with a bank. When promised, make sure the loan is paid off and the release certificate is secure. Request a certificate of encumbrance to ensure that the property is not subject to the law.
- Fair Value
Whenever you buy a house or land in Kerala, ask about the government’s ‘fair value.’ The actual market value differs from that; however, when you have this information, you will be better able to negotiate the sales price.
Whenever you buy a flat or plot, check out how well you have access to the place – on the main street or on a path? Is it easy for vehicles to reach? Whether you want to build a house or a business project, vehicle access is required. A wide availability of parking space is also important.
- Property Size
Ensure that the property size is accurately measured. Get a certified land surveyor if you are buying a lot and going to mark and measure the land. When you buy an apartment, villa, or house: check with the builder regarding the carpet area, and how much is built up: this means how much of the common areas, like an elevator, garden, lobby, and so forth can be added to the real carpet area of each apartment or villa?
- Check the Ground
You must make a thorough examination of the soil and topography when you look at the properties in Kerala to make your home, determine the type of base you need to build, the size of the structure you can support, and so on.
- Check the Site
The availability of drinking water in the building, trees (without shade, it may be unbearably hot in summer), as well as the general place of the property also needs to be checked. Make sure it is a decent and safe area, with markets and shops close by and with access to roads or major highways and public transport.
Ensure that there are health facilities. Check also the presence of institutions such as factories that emit hazardous smoke or effluents, noisy equipment, bars, etc that are suspected of causing disturbances.
However, you may be worried about the dream apartment if you plan to buy a rental property and otherwise buy it to live here, but let me say that one such example of apartments that will provide you with a hassle-free experience, is none other than the Landmark Apartments Calicut.
Being best builders at Calicut, they offer one of the highest quality livings in the luxury city and peace in the green town, being the top builders of luxury flats in Calicut. If you are searching for places away from the busy city, then you also have apartments by Calicut landmark builders, such as Landmark Maple apartments in Pantheerankavu, which demonstrates its commitment to bringing the various classes of people more and more options to ensure that they are happy.
It’s a very good choice to have a peaceful life after work to buy flats in Pantheerankavu. With regard to luxurious apartments, every minute of care has been taken, consisting of the latest technology.
Landmark World has five first-class residential towers and a residential commercial tower. Landmark has behind it a fully engaged team that has distinguished it.
The designers, engineers, and architects follow recent practices. Their 2 and 3 BHK luxury apartments in Kerala are located close to the flourishing NH17 Highway Corridor and are connected centrally to major city nodes with stress-free access to schools, state-of-the-art hospitals, city centers, cyber parks, and airports.
With its trendy designs, core architecture, and wonderful decor, the Landmark Village has never failed to attract you. These apartments in Kozhikode have spread over acres of beautiful green land in order to ensure a clear, fulfilling life experience. They’re shaped by the combination of nature and architecture.
Within Landmark Village, the Landmark apartment for sale in Calicut features rooms and balconies with airy views both of the town and the surrounding scenery. Each apartment is lovingly and carefully designed and offers excess natural light, ventilation, and amazing views around.
You are in the right place if you are one of those who are looking at apartments in Calicut for sale. In the comment box below, mention if you have any suggestions or questions about the purchase of the property!