Luxury Kerala Flats

The Kerala budget has come as a severe blow to the real estate sector in Kerala as the Government  of Kerala has jacked up fair value of land by 10 percent while it will be 30 percent for notified  areas near large scale projects. This has been done targeting more revenue from stamp duty. Real  estate Industry experts observe that the decision to hike fair value is a step backward further  pulling down the industry. As such the real estate sector in Kerala has been struggling for the  past two years due to  the employment crisis in the Middle East, Demonetisation & the recent floods. The Kerala Budget 2020 was presented by the Finance Minister of Kerala Dr Thomas Isaac in the  Legislative Assembly on the 31st of January 2019.  Luxurykeralaflats.com invites you to have a look at how it will impact land transactions and  residential construction. Increase in Fair value of Land The Kerala Budget 2019-20 proposes a 10% incremen...

Breaking up with plastic altogether can make a huge difference to preserving the ecosystem of earth!  Plastic garbage will eventually end up in landfills and oceans. It takes hundreds of years for plastic  to degrade, and they also release a lot of toxins into the environment. Many luxury flats in Kerala have opted for recycling plastic waste to reduce the amount of garbage,  but only a few types of plastics can be recycled. Recycling still requires a lot of energy and water.  Plastic has become an inevitable part of our life and cutting it out can seem formidable. Let’s start  from our home! Here are some super easy ways to reduce Plastic at home. 1. Bring your own shopping bag Going shopping with your own shopping bag can reduce the use of one-time use plastic shopping bags.  Apart from big carryall bags, you can further reduce waste by bringing your own reusable produce bags  or skipping them entirely. 2. Stop buying bottled wate...

Venturing into real estate with your first purchase of a flat in Kerala? As the buyer  you have some rights and liabilities! A real estate deal for a property is a complicated  process regulated by various Central and State Government laws. The Transfer of Property  Act in India is one of the main laws that govern property transfer.  The leading real estate web portal, luxurykeralaflats.com gives you an insight on the  major rights and responsibilities of a property buyer in India as stated by the Act. Increase in Value After the luxury flat for sale in Kerala transfers ownership from seller to buyer, the  buyer has the benefit of any improvement or increase in value of the property, and to the  rents and profits from the property. The seller will have no claim on the benefits. Proper Delivery of the Property When purchasing a flat in Kerala, the buyer has the right to proper delivery of the  title and possession of the p...

When it comes to modern luxury flats in Kerala, nothing can really beat the creative usage of space.  For homeowners who don’t want their houses to be left behind, it’s time to get to know the latest  home design trends that will up the style factor of their homes. You needn’t necessarily give your  apartment in Kerala a complete makeover. A few inexpensive new home design changes are all that is  required, whether it’s a fresh coat of the latest colour of paint, the updating of old fixtures with  the latest designs or buying a new piece of furniture.  Check out the latest Home decoration trends in luxury flats in Kerala... Minimalistic decor Minimalism is the new fad in interior design of luxury flats in Kerala . Straight line designs and  easy to maintain finishes in mood-livening bright colours make up minimalistic decor. Apart from that,  the concept of smart furniture is making the rounds like tables that can fold and into a...

Saving energy is a sure-fire way to save money. Sure, you can start it from your home! If you are to take an analysis of your home’s current energy use, you can find out how to make your home energy efficient and lower  your utility bills. Why should you make your home more energy efficient?   You save money as it costs less to power a home which is more energy-efficient. The comfort level indoors is  highly increased & being energy efficient also reduces your impact on climate change. People living in luxury  flats in Kerala are more aware of energy conservation and are looking for the energy star rating when shopping  for new appliances.   Turning off the lights when you leave a room is one way to save energy and make a positive impact on the environment.  Here are some tips from L uxury Kerala Flats as to how to make your home energy efficient  & how you can easily implement  them in your daily life. ...

The real estate market in Kerala has seen a growing boom of luxury projects. Realtors are optimistic that  the demand for luxury apartments in Kerala will rise in the coming years. Luxury apartments are par excellence  when it comes to comfort, convenience and quality. When you are checking through flats for sale in Kerala if you  have no idea of the difference between regular and luxury apartments, luxurykeralaflats.com has come up with a  comprehensive list of differences between Luxury apartments and Regular apartments. 1. Price Upcoming luxury flats for sale in Kerala offer apartments in the range of Rs.1 to 4 crores depending on the  amenities provided and the location. Annual appreciation of around 4 per cent to 7 per cent and 40 per cent  higher rental compared to regular apartments can be claimed for luxury apartments in Kerala. Regular apartments  remain in high demand due to the lower prices.  2. As an Inv...

New GST rates have come into effect for residential real estate right from the 1 st of April 2019. The GST is to be charged at 5% without Input Tax Credit (ITC) on residential properties that are not part of the affordable housing segment and at 1% without ITC on residential properties that are included in the affordable housing segment. For under-construction properties 12% GST is to be charged while it does not apply to the sale of completed properties (where completion certificate has been issued) or to the resale of old properties. Under GST, construction costs are significantly reduced for the developer as multiple taxes are not there and due to the availability of input tax credit. A reduction in the cost of logistics will be an added benefit. Hence developers may see improvement in margins. Builders receive an input tax credit on the materials purchased from suppliers/contractors and under the current GST structure pass it on for the home buyers to profit. As this has no...