Real estate in Thrissur is one of those business that will never face any economic crises, with the everlasting and ever increasing of land and property rates.
<>Real estate in Thrissur
We all know that, an old thing may not cost much compared to the price when you bought it, but in the case of properties in Thrissur its totally different, as Thrissur is a developing city in Kerala you don’t have to think twice before investing in land or property at all.
Indeed the new villa will cost you more compared to the old one you bought years ago, now according to the time value of money the price of your old house would have a much better rate compared to the time you bought it, as land value always increases and is found to be one of the most profitable investment in the market.
The following are the reasons that catapulted Thrissur real estate business in this modern era:-
Location, address is one of the first thing people ask you to know where you live. These days areas have more importance than the type of house you have, some areas grows as a status for being high, low or medium standard of living. Unfortunately this is the truth “ It’s the location that makes people, not people who make the location”.
With the availability of markets, hospitals, schools and many other infrastructure affect the current price of your land. These infrastructures may change according to the wants and needs of the people, so will those infrastructures close or shift to another place in a period of time, so make sure to consider your location as a factor.
Convenience, many customers act upon their convenience, employment opportunities, schooling, work and all these factors indeed, but a ready to occupy house would cost more compared to a house under construction. So make sure to upgrade or update your house, this will surely affect your land price and eventually offer you a better price. You can buy a single storey house and later on convert it into a double storey which will only increase the price of your property.
Inspection reports, before buying a property maybe your buyer may ask for a inspection report, you only see this happening is hot estate markets where the buyers are usually very demanding and ask for a house that is safe and well equipped. So having a good inspection report can provide you with a better rate for your land.
Ever had an annoying neighbour who always had their eye on your house and the faults that happen, so if you wish to leave the neighbourhood make sure you address them as nice and friendly neighbours to you as interested buyers, because these days good neighbours are hard to find.
Having good neighbours may not increase the rate of your property but can increase the chances for sale and if you find that your buyers are more interested to buy your house, this can allow you with a chance to increase the land price a bit more.
These are some of the factors that could affect the price rate of your land, so if you are interested in any premium villas in Thrissur, I suggest you to contact Forms Builders they can provide you with the best villas in thrissur.