Q: Hello. I am new to the real estate sector. Am planning to make my first investment sometime this year. One of my prospective investments: apartment in Shwas Alpine Homes, Kochi. Any inputs people?
It is important to know the exact property prices of a place you’re going to invest in, along with the property market rates for the locality where that property is situated in. In this case, the price per square feet for a flat in Shwas Alpine Hones comes up to Rs. 3,500. This is slightly higher than the average market rates in Aluva, which keeps fluctuating between Rs. 3,000 and Rs. 3,200. By the way, you can only get 1 BHKs in Shwas Alpine Homes. Each of these 1 BHKs occupies a space of 500 square feet. So, the price for a 1 BHK unit in this residential project will roughly end up costing you around 17 and a half lakh rupees.
Shwas Alpine Homes is a smart investment to make for a person who’s making his/her first. This project is being undertaken by the construction company, Shwas Homes Pvt Ltd. This firm has undertaken a number of other residential projects, some of which have completed and some of which are in the process of being constructed. This particular project of their, which you’re interested in, is a high-rise project. It’s designed as a water-front society spread over an expansive area of 17 acres. If you’re a nature lover, you can rejoice because more than half of these 17 acres are to be used a purely green space for trees. They actually plan to build a shopping complex inside with a number of facilities.
Hi! Making your first real estate investment can be a tricky job. You have to do so much groundwork and consider so many factors before you can come to a decision that you won’t regret in the future. But truly, making a real estate investment shows that you’re someone who thinks into the future. And that’s good to know. So, Shwas Alpine Homes is one of your prospective investments, eh? I know for a fact that this project is located somewhere in Aluva. I can’t honestly tell you much about the project, but I can tell you something of the locality where it’s located in. Aluva is an established suburb that is considered to be the industrial epicentre of Kerala as a whole. It is located on the banks of the river Periyar.