Varma Maalika

By: Varma Homes Pvt Ltd. in Thrippunithura

Introduction: Varma Maalika, is a sprawling luxury enclave of magnificent Apartments in Kochi, elevating the contemporary lifestyle. These Residential Apartments in Kochi offers you the kind of life that rejuvenates you, the one that inspires you to live life to the fullest. Varma Maalika by Varma Homes Private Limited in Thrippunithura is meticulously designed with unbound convenience & the best of amenities and are an effortless blend of modernity and elegance. The builders of Varma Maalika understands the aesthetics of a perfectly harmonious space called ‘Home’, that is why the floor plan of Varma Maalika offers unique blend of spacious as well as well-ventilated rooms. Varma Maalika offers 2 BHK and 3 BHK luxurious Apartments in Kochi. The master plan of Varma Maalika comprises of unique design that affirms a world-class lifestyle and a prestigious accommodation in Apartments in Kochi.

Amenities: The amenities in Varma Maalika comprises of 24Hrs Backup Electricity, Covered Car Parking, Gated Community, Intercom, Lift, Open Parking, Play Area, Rain Water Harvesting, Security Personnel, Solar Water Heating, Swimming Pool, Terrace Garden and Terrace Party Area.

Location Advantage: Location of Varma Maalika is a major plus for buyers looking to invest in property in Kochi. It is one of the most prestigious address of Kochi with many facilities and utilities nearby Thrippunithura .

Address: The address of Varma Maalika is 7th Cross Road, Kodamkulangara, Giri Nagar Housing Society, Kadavanthra, Thrippunithura, Ernakulam, Kochi, Kerala , INDIA..

Bank and Legal Approvals: Bank and legal approvals of Varma Maalika comprises of HDFC Bank and State Bank of India, KSEB.

Thrippunithura is a suburb located to the east of Kochi city. It is known for its historic significance as the capital of the old kingdom of Cochin. It is also known by the sobriquet land of temples because of the large number of temples in the region. Thrippunithura is also home to the largest archaeological museum in Kerala, which was opened in the year 1865.

Situated away from the chaos of the city, the town provides a peaceful environment, and is a place people move to eventually. The large number of schools and colleges in the region is an added bonus.

The suburb has generated considerable interest among construction companies and potential property buyers due to its peaceful atmosphere. Many new buildings and residential projects are thus under construction and being launched in the region.

Connectivity and transit points

Major roads passing through Thrippunithura are the NH-47A and the Ettumanoor-Ernakulam Road. Both the Kerala State Road Transport Corporation buses and private buses ply along all major stops in the suburb. In addition, auto-rickshaws are available for local travel.

Thrippunithura railway station is a major railway station in Ernakulam district. Major express and passenger trains stop here. It also links Ernakulam and Kottayam.

The distance to Cochin International Airport is about 34 km.

Major landmarks

• RLV Music College
• Sree Poornathrayesa Temple
• Kallikota
• Sree Rajarajeswari Temple
• Thrippunithura Cricket Club
• Hill Palace at Thrippunithura
• Hill Palace Museum

Factors for growth in the past

Due to the rising cost of property around the Kochi region, combined with the problems associated with urban environments, many felt the need for a peaceful locale that didn’t isolate them from the major town. The humble suburb of Thrippunithura fit the bill and many started settling down in this region. The gradual influx of people led to the development of the region in a planned manner, and it became the relaxing retreat we see today.

Residential & Commercial Market

Layouts and plots constitute a huge chunk of the real estate available in Thrippunithura, followed by apartments, houses, and villas. Plot prices have seen a fall in value from the first quarter of 2013. The average cost of plots in the third quarter of the same year was Rs 690 per sq. ft and the average cost of individual houses are Rs 4,000 per sq. ft. The average cost of apartments and flats hold steady at Rs 3,200-3,400 per sq. ft. Few commercial spaces are available in the region.

Major challenges

Due to the large number of schools, buses get crowded during the mornings. The region also receives heavy rainfall during monsoon, which cause minor floods from May to August. In addition to this, garbage problems in the area persist, which the municipality have not looked into in an effective manner.

Factors for growth in the future

Thrippunithura has a large number of completed and ongoing building projects. The serene environment combined with ease of access to major towns by rail and road make this a key location for settling down.

Because of the low cost of real estate combined with infrastructure development, Thrippunithura is making waves in the real estate market as a hot property. The area is also set to develop commercially in the near future, which will increase the demand for more property. Investors can also expect higher returns from properties in the region.

Many firms such as Anta Builders, Santhi Homes and Skyline Builders have projects in this peaceful suburb. This will help in developing the town further.