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January 2020

Investing in real estate properties, Builders in calicut, Villas in Calicut

Things to keep in mind before investing in real estate properties in Calicut

 

Kerala is one of the most active real estate havens in India. Due to high population density and people’s positive attitude towards acquiring own properties real estate sector never failed to thrive in this land. By utilizing the promising environment, prominent cities like Calicut has become the bed of roses for investors who wish to harvest the profit from the real estate sector. Since Calicut has astonishing progress in overall development this is your chance to get the maximum yield from investing in real estate. But for a guaranteed and long-lasting return, you need to know some basics about the real estate business in Calicut. And this article will help you to get some insight into that.

Know your business

Investing in real estate is a smart choice only if you understand your business. Before you jump into making deals know the possibilities and limitations of the real estate sector. Even though investing in real estate in Calicut is a wise decision a misstep in your choice may result in great loss. So check the following factors before you choose a property to invest.

Knowing your priority: this is the first step to investing in a real estate property. To begin with, choose the right property according to your future plan. Many people invest in land and house for future returns. For others owning properties like flat and home is to ensure a safe and comfortable life for their families. Since Calicut has a wide range of real estate properties you have to select the most appropriate one.

Accessibility of location: an isolated property is never safe or profitable in the long term. If the property doesn’t have access to the other part of the city then a decline in the resale value of that property is inevitable. Investing in property in the right location also avoids the negative effect of external factors like climate and unfriendly neighborhood.

 Legal existence: if you are new to investing in real estate then there is a high chance to get into a trap. An unauthorized negotiator may try to persuade you for illegal purchases for financial gain. Never fall for such offers. Because after demonetization in India every transaction related to real estate is under strict government monitoring. So Legalities like stamp duty and service duty will be handy in getting authentic information about the property.

Status of the property: before closing a final deal thoroughly examine your desired property. You can’t make enough revenue from renting a cheap home that needs frequent maintenance. Likewise compromising on a home with little space won’t give you any satisfaction. So never buy a property that doesn’t meet basic requirements under any circumstances.

 

Know your city

According to recent reports, Calicut is one of the fastest-growing urban areas in the world. The city of Zamorins has a long history of civilization and development. Since Calicut always welcomed commercial and technological advancement many builders and developers are rushing to invest in here foreseeing the possibilities. So investing in an ongoing or completed real estate property in Calicut means assured benefit.

 

Define the finance

Any investment without a proper financial plan will end up in misery. So after deciding the type of property start to calculate the expense and future income. Estimate the annual maintenance cost, insurance payment, and property tax. And if you brought your property on loans maintain timely payment.

For a beginner investing in real estate properties in Calicut may be a puzzling process. That’s why we Prisunic Builders, a reckoning name in Malabar real estate sector is up to solving your concerns. We assure our professional knowledge and experience will guide you to the perfect property in Calicut with less expenditure.

Builders in calicut, villas in calicut, apartments in calicut

Do you know the right you are entitled to after buying an apartment?

Buying an apartment is not an easy job unless you are advised by an expert. And it is worth the hard work because owning a property strengthens your family’s safety and social status. But even if you find the dream apartment your business doesn’t finish there. To maintain and savor a long-lasting relationship with your builder you must know the rights entitled to you after buying an apartment. So this article explains why the special rights are as much as important as the comfort and beauty of your new apartment.

 

A written Agreement; the source of power

Every property dealings in the real estate sector are based on a written agreement. Because according to the custom a builder-client relation starts when you have a written agreement with mutual consent. But careful, a written agreement is not an ordinary document. It usually consists of many clauses and directions which depicts the right and responsibility of both builder and customer. An owner must read each line of such agreement because any clause in such an agreement is legally objective. A written agreement will provide; 

  • Proof of purchase
  • Rental details
  • Specification of accessories inside the property
  • Conditions related to maintenance and other services

 

Land and rights

 Owning an apartment is different from owning a plot. When you purchase an apartment you are becoming a part of any unit in a single project. Then what is the guarantee on apartment resale value when the building gets older? The answer is the apartment’s land. Contrary to popular belief buy owning an apartment you are owning a right on the land where the property stands. This is known as homebuyer’s undivided share in the land. So before you buy an apartment examine whether the land possesses value for future sake. Since you have a share in the property-related land you can demand clarification on any modification on that land by the builder. This land right associated with an apartment is important since the land share may become the criterion for a home loan or compensation in any manner.  

Sharing the responsibility

 Usually, apartment projects are a recreation of an ideal society. So both builders and owners have responsibility for their property and surroundings. If you have an apartment you can directly seek help regarding maintenance and supplies from the related management. Based on written agreement many builders guarantee free maintenance to your apartment within a time limit. Otherwise, there will be a monthly or yearly maintenance charge with a mutual agreement. And if you find serious flaws in design and interiors related to the apartment you can approach authorities and file the dispute. 

 

 

Access to association 

 The most appreciated feature of an apartment project in the apartment association related to it. Because such association collectively addresses the concerns and demands of an owner. So when you own an apartment it is your right to get a direct membership to these welfare associations. A builder ought to present the profit-loss balance sheet and future project expansion whenever the association demands. Once you are a member of the apartment association you can express your complaints and feedback without any discrimination. 

 

Prisunic Builders in Calicut always thrived by maintaining a healthy relationship with its customers. By giving an insight about the right of an owner related to his apartment we stick to our responsibility and readiness to serve your purpose. 

 

Villa Projects In Calicut, Villas in Calicut, Luxury Villas in Calicut

Famous schools in and around Chevayur

 

 

As a human, we all seek a roof under where we can peacefully recreate our life and we call it home. But for a family man, house means much more than a shelter. If you are a family with kids then a home doesn’t simply mean a haven. Instead, a family home needs to be in a locality which is abundant with the educational institutions to prosper the future of your children. That’s why Chevayur, a township in Calicut is attracting families with its prominence in the educational sector. At present, there are numerous aided and unaided schools and colleges inside the circle of Chevayur. Most of these institutions are known for their quality in education and modern infrastructure.

 

  • Kidz world preschool 

This institution in Chevayur is focused on the educational and social development of your younger one. Kidz world preschool is acclaimed as one of the best playschools and daycare centers in Chevayur for preprimary children. As their motto, this institute tries to nourish children in a creative world.

 

  • Chevayur UP School 

This government school comes under the category of primary and upper primary schools. Since the school is approachable by all-weather road accessing the location is a hassle-free process for students and family. This Malayalam medium school is counted among the top-rated schools in Kerala with an excellent academic track record.

 

  • Presentation Higher secondary school 

    This school is well known for its student monitoring program. To effectively follow the SSLC syllabus from class 1 to 12 Presentation HSS has developed criteria for promotion method for students. That is promotion to higher class is based on the student’s performance in the terminal examinations. So poor performance will be scrutinized and better quality education is assured for your children in each stage. And if your child is an outstanding performer in sports two seats are reserved for them during the admission process. These seats will be filled by the recommendation of the Kerala (or district) sports council.

 

  • Marys Emhss Checvarambalam Senior secondary school 

This privately-owned English medium school has top graded computer-aided education and a well-appreciated education system. Established in 1997 this school has become a respected institution in Chevayur thanks to exceptional academic excellence.

 

  • White school International 

White School International, a CBSE School became famous by its way of maintaining the balance between academics and physical activities. The exact location of the school is Perumanna which will only take a 20-minute ride from Chevayur town. Though the firm was established in 2013 it has acquired popularity among locals and other parts of Kozhikode in a short period.

 

  • Devagiri CMI Public School 

Devagiri CMI Public school is a co-educational English medium school following the CBSE syllabus. This well-known educational institute is run by St. Joseph’s monastery where students receive pleasant learning, personalized attention and professional mentoring. And CMI kindergarten is housed in a separated building, away from the main block to ensure extra care for young children.
Theses are the famous schools in and around Prisunic apartments in Chevayur. Apart from these above-mentioned schools, there are many other aided and unaided schools in Chevayur which are excellent and incomparable by exceptional service in the education sector. So if you are looking for a perfect place for starting a family life and molding your child for the best future Chevayur is abundant with possibilities. Since the real estate sector is well established and competitive in Chevayur we recommend you to own a home as soon as you get the next best chance.