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Skyline Spacious Apartments Kottayam

Skyline Spacious Apartments in Kottayam For Your Big Family

Do you dream of living with your loved one? Having a close-knit extended family? The real questions are, where to find a well-planned and spacious apartment and which is the best place to invest your hard-earned money.
Kottayam is the Akshara Nagari (City of letters/alphabet) of Kerala and rightly called so. Located in the southern central part of Kerala, the city is the centre for spices (cardamom and pepper) and commercial crops (rubber). With over 3 major print and publications houses, Malayala Manorama, Mangalam, DC Books(the largest publisher in Kerala) and Deepika having their headquarters in Kottayam it definitely rises up to its name.
Education is something one needs to consider when looking for a place to settle down. Kottayam has several great educational institutions functioning out of the city and on the outskirts. Prominent institutions like Mahatma Gandhi University, Rubber Research Institute of India and Government Medical College are situated in Kottayam.
Ilaveezhapoonchira, Vembanad Lake and the tourism capital of Kottayam, Kumarakom adds to the charm of the city. With art, literature, and nature coexisting in great harmony, Kottayam comes out as a great choice while deliberating the ideas of getting a house of your own.

Few things to consider while planning a home in Kottayam

  1. Kottayam is a perfect location to settle down – with myriad options of wonderful place and great housing projects, you have a lot to choose from. Do your research and fix the place according to your priorities.
  2. To buy or to invest – Kottayam has the best of both worlds. The place offers a very calm and quiet environment also it all the social facilities that modern life needs. Kottayam also has a high potential for appreciation. Skyline offers various housing options like luxury villas and apartments in prime locations of the city. Based on your plan you can choose your best address from Skyline Builders.
  3. Connectivity – Whether you choose to buy or rent it out, the prime focus area should be the connectivity to amenities and facilities like educational institutions, healthcare institutions and places of worship. All Skyline projects are situated in the prime locations of Kottayam.
  4. Track record of the builder: Choose a home builder with good experience and credibility in the real sector. Before buying you should check the construction expertise of the builder and their years of existence. This will give you an idea of the type of projects, quality of construction specifications etc. Skyline Builders has the track record in delivering best homes in Kerala.

Why Skyline Builders?

Skyline builder is the trusted name for over 30 years. Choose Skyline if you are looking for a builder whom you can blindly rely upon because they would choose the right location and construct your perfect home. Skyline Builders take pride in providing an impeccable commitment to each one of their projects. If you are an NRI, look no further as Skyline is in a separate class altogether when it comes to providing a living space with International Standards. The ideology of Skyline is “From our family to yours”.

Skyline Luxury Apartments in Kottayam

With two major luxury apartments in Kottayam, Rhythm and Pearl, Skyline is on top of the list in the real estate scenario of Kottayam.
Skyline Rhythm – It is a 2 BHK and 3 BHK luxurious flats with a lush green surrounding and a beautifully serene landscape. Located at Devalokam, the literal meaning being heaven, Rhythm’s available amenities make it stay true to its name. Skyline Rhythm 56 flats in a 15 floors high-rise single tower.
Skyline Rhythm Kottayam
A well thought out design ensures maximum space and natural light to each apartment that perfectly fit your taste and your budget. What is more impressive is the excellent interiors and spectacular view from the apartments.
Facilities provided in Skyline Rhythm includes a fully-equipped fitness centre, swimming pool, kid’s pool, Air-conditioned recreation hall, pool deck party area, and many more exciting amenities to ensure your days at Skyline enjoyable.
Skyline Pearl – It is an exclusive 3BHK apartment project located at the heart of Kottayam, Kanjikkuzhy. It is very close to Mount Carmel School hypermarkets, hospitals, banks, and ATMs.
Skyline Pearl Kottayam

Owning a second home

Benefits of Owning a Second Home

Though there are choices galore for investment, buying a second home has emerged as one of the lucrative financial options. Real estate sector is a favourite of investors for its twin benefit of rental income and a high potential for value appreciation. Hence, owning a second home is a recommended option to secure your future.

Listed below are the few benefits of having a second home:

Steady rental income

One of the most obvious benefits of buying a second home is its steady rental income. The rental yield on a second home depends upon the category, the location and possibility of renting out the vacant units. If you are buying a home from Skyline Builders, who gives utmost importance to location, locality, amenities, etc. the potential for rental income is high. 

Investment  

A second home can be considered as a safe investment for your future and emergencies. Real estate has the potential for value appreciation over a long period.  But before investing in a second home, check the credibility of the home builder. If you are investing with Skyline Builders, you can easily find your second home in most sought after location with easy accessibility, proximity to all major convenience, serene and environment-friendly atmosphere. Skyline projects have recorded steady value appreciation

Skyline Builders has an impeccable track record of value appreciation. For instance, if you had invested 12 lakhs at the time of launch in Skyline Springfield Villas, Kochi, it would have appreciated to 2 crores now. To see the value appreciation of each project across Kerala click the link here https://www.skylinebuilders.com/appreciation-chart-kochi/

At Skyline Builders, our dedicated Home Care Department provides, rental and resale services exclusive for our customers. The Home Care Department will arrange appropriate tenants and high-value rentals for the homeowners, while our highly skilled professionals help in getting the best deal for the property.

Also read, Major Financial Benefits of Buying Home at a Young Age

 Income tax benefit

If you are buying a second home on a home loan, you are eligible to avail tax deductions on it. Under section 80C, the principal amount repaid up to Rs. 1.5 lakh will be deductible. Additionally, you can get a tax deduction up to Rs 2 lakh, on the interest component. 

Holiday home/ Retirement home  

Second-home can be used as either be a holiday or retirement home. If you are buying your second from a prominent builder, you will get a plethora of luxury amenities like swimming pool, games room, fitness centre, spa etc. that helps you to rejuvenate. Skyline Builders provides luxury amenities in all its projects. To see the details of luxury amenities of all ongoing projects, visit our website, www.skylinebuilders.com

 

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Five Major Financial Benefits of Buying a Home at a Young Age 

What is the ideal age for buying a home? Buying an appreciating asset like home is one of the biggest investments when compared to other purchases. Earlier the investment, the higher will be the opportunity for potential returns. If you are planning to buy a home early in your career, here are the benefits.  

Longer home-loan tenure 

EMIs for home loans are calculated based on the loan amount, tenure and interest of the loan. For longer home loan tenure, the EMIs calculated will be lower. Also, young borrowers can get a home loan with tenure of 25 to 30 years. Moreover, it gives youngsters enough time to choose the best home rates available in the market. 

 Eligibility 

Young borrowers are eligible for higher home loans. The lending bank will examine salary certificates, CIBIL score, credit history, age, liabilities and similar other parameters. Also, the eligibility for home loans depends on the income and repayment capability of the borrower. The expenditure pattern and other liabilities are comparatively less with young borrowers. 

Tax benefit 

 Home being an appreciating asset, investing in it is a more sensible option than paying monthly rent. By repaying the loan, homebuyers can claim tax benefit, which gives a financial advantage. Under Section 24 of the Income Tax Act, you can claim up to Rs 2 lakh per financial year on the interest paid on your home loan. And under Section 80C, you can claim up to Rs 1.5 lakh per financial year on the principal repaid.

 High Return on Investment

It is a proven fact that the value of real estate investment will increase over time. For example, the launch price of Skyline Springfield Villa at Cochin was Rs. 12 lakh, it has now appreciated to Rs. 2.1 crore.

Financial discipline 

Above all, a young buyer will be financially disciplined. He will learn how to save and spend his hard-earned money wisely and effectively. It will give him a sense of responsibility.