Monthly Archives

October 2017

Property Buying : Things you cannot compromise on

Buying a property is a kind of lifetime investment. But, before deciding on buying a property, what are the things that pops up on you mind? As property buying is a lifetime investment, you have be wise and practical. However, there might be a few things that you are not ready to compromise while proceeding for the property buying. They are usually termed as the non-negotiable part of property purchase. Researchers have been working to find out the things that customers are not ready to compromise while buying a home. Getting the perfect home is one of the happiest things in everyone’s life. Only difference is the ‘perfection’ has different definitions for different people. Some would like to own a sprawling villa estate in a remote place whereas some wants to own an apartment amidst of the city. Choices differs according to people.

However, there are a few things that no one is ready to compromise on. Everyone looks for a place that gets lot of natural light, a place that ensures privacy, parking service, storage option and nearness to market. Here are some of the major things that property buyers don’t want to compromise:

● Location: One of the biggest and non-negotiable thing while property buying. Because, it is the one thing that cannot be changed. People do not choose a property that is located in a very remote area where even transport facility is not available. However, the fact is that you get such places for a very less budget.
● Property features: Like its infrastructure, things like property layout, space and land size does matter. Nobody wants to buy a congested property.
● Healthy environment: If the property is situated in the midst of an unhealthy environment. People look for a property where there is no air pollution and sound pollution or other thing that cause health risks.
● Reputation and market standing of the builder: property rate is usually quoted as per the property reputation. Well-known and reputed builders give assurance to the property. Quality of construction, legal sanctity and after sales support will also be assured when dealt with a reputed builder.

When is the right time to invest?

Calicut today is hosting a flourishing IT and related industry in terms of good career and business opportunities which is attracting many investors now. Reputed real estate builders and investors are keeping a close watch on Calicut as a space for real estate investment. If you are thinking when is the right time to invest? Act now! 

With the easy availability of finances, favourable tax structures and fast economic growth it is easy for an investor to buy a property in Calicut now. Here are some reasons why this is a great time to make investments in real estate.

Rising Appreciation

Residential Properties in Calicut are currently priced at approx. Rs. 5000 PSF. Almost 30% increase in just 5 years. Also this trend is set to continue in the upcoming years, a perfect city with promising appreciation. It’s better to buy property now.

IT Hub

With the establishment of the two IT Parks in the city, it is quickly filling up by the people across the globe coming for better career and educational opportunities. The presence of many multinational companies and 2 Cyber Parks made Calicut a source for commercial and residential real estate investments.

Budget Friendly Residential options

Many builders in Calicut are offering a lot of budget-friendly apartments to prospective home-buyers even though the demand for residential properties is increasing day by day.

Low cost of living

When compared to other cities in India, the living costs and operational expenses are much lower in Calicut now.

As a growing city it is definitely the best time to invest in real estate in Calicut.  As it may soon become a financial hub it may also get included in the list of best cities of India. More investors may soon try to explore the opportunities by investing money in properties in Calicut & the property prices may go up later.

If you are interested in investing why not check out Prisunic Builders, Calicut.

Why invest in Calicut real estate?

Calicut, the city of Zamorins is a city steeped in history & culture. In the long run Calicut has come out as the most favourite real estate destinations in the country. With robust development plans & an increasing number of social infrastructures offered by the city, Calicut is attracting hordes of investors and home buyers. It is good to check out reasons why to invest in Calicut real estate.

Calicut – the tourism hotspot
The multi-cultured city of Kerala, Calicut is also one of the most sought after tourist hotspots in Kerala. The appreciation in the price of residential properties over the last 5 years shows that Calicut has significant scope for real estate business, besides being a tourist destination.

Extensive Connectivity:
Calicut with its adjacent major districts of Wayanad, Kannur and Malappuram has excellent connectivity with its good number of highways and other transportation means. Being a major trading spot for the people of Malabar and those traveling to neighbouring cities Calicut is also considered as an advantageous destination for real estate business.

Social Infrastructure:
Calicut has to its credit a good number of education institutions like the NIT, IIM, Medical College & major healthcare providers like MIMS, BMH, PVS Hospital etc. and many more leading social infrastructures making it the perfect residential destination for a hassle free living.

Calicut is considered to be one of the safest residential hubs in South India due to the fabulous tradition and culture followed by the city.

The increasing number of malls and multiplexes is driving entertainment lovers to this city.

Less Living Costs:
Compared to the higher living and operating costs, Calicut provides good living at a lower price which is attracting many people to shift to Calicut.

As more and more people are thinking of moving to the city, there will certainly be a steady demand for investing in real estate in Calicut.

Prisunic Builders, reputed builders in Calicut, offers you a range of quality residential & commercial projects in Calicut to invest in real estate.