- Why Flats Make a Better Investment Option in CalicutJuly 17, 2018
Calicut is emerging as a real estate hot spot with major builders and developers bringing projects designed for an impeccable lifestyle in the heart of the city. Flats and apartments are considered the most favourable and profitable real estate investment in Calicut owing to the myriad of benefits it offer.
Here are the benefits of investing in a flat compared to a plot.
Apartments are equipped with modern amenities and facilities that facilitate convenient living. Features like swimming pool, health club, roof top party areas, terrace gardens, surveillance system and round the clock security are now present in most projects.
Flats and apartments have immense growth potential in the real estate market. The percentage is always on the rise with respect to the appreciation value of apartments in cityscapes. And combined with location advantage, then can reap in high return of investment with time.
Return of investment
With time, a flat’s worth will surely increase and the demand is also set to be growing. Compared to houses and plots, prices of flats and apartments are always on the rise owing to the fact that their demand is also high owing to the numerous facilities they offer.
Source of regular income
When given on rent, flats make excellent sources of regular income. This feature also makes flats and apartments a fruitful investment option after retirement.
Banks and financial institutions now provide extensive support and assistance for financing the purchase of a flat or apartment. A buyer can get nearly 80-85% funding through a home loan. Also, the maximum loan tenure for a flat can go up to 30 years.
Ladder Kerala, one among the choicest builders for luxury flats and apartments in Calicut in Calicut offers premium homes designed for utmost comfort in their flagship project Ladder Mankav Greens. Equipped with a myriad of modern amenities and featuring global standards of construction, the project has become a prestigious address as well as a fruitful investment option in the city.
For more details please visit : http://ladderkerala.com/