Melonwood Homes - Villas, Apartments and Flats in Kochi

Indian real estate is always regarded as a high investment avenue for NRIs with multiple investment opportunities due to flexible payment schemes, fruitful returns, luxury properties of global standards, etc. NRIs should take optimum advantage of the situation by ensuring to choose the right investment by adhering to all procedures in order to harvest a good deal. Here are a few key areas to be focused by NRIs to make a wise decision regarding investments: 1.    Buying and selling An NRI can buy or sell property in India either by being physically present in the country or by granting Power of Attorney to a trusted member without coming to India. 2.    Home loans NRIs are eligible to avail home loans in India though the procedure and documents would vary according to residing country. Loan tenure ranges from 10 to 15 years while the amount would depend on factors like age, income, education, etc. Setting up NRE (Non-Resident External) account is adv...

The latest concept that is favoured in interior décor industry, eco-friendly window installations are popular due to its inclination towards green living. As an economic and durable option, eco-friendly window installations are used to refurbish modern apartments and homes due to several reasons. Here are the key reasons to consider opting this eco-friendly installations: 1.        Environment-friendly Eco-friendly window installations help in saving energy while being a nature-friendly option too. During summer season, they reflect heat outside and during winter season, it helps in maintaining the temperature inside the room normal through the principle of insulation. 2.        Convenience Even under a drastic climatic change outside, its impact will not be felt indoors in the presence of these installations as they neutralise the temperature. And its inbuilt feature to reduce the difference in ...

Most of us finance our new home with the help of home loans and therefore, it is vital to know about the interest rates and the differences among them. Here is a guide to help you decide a better repayment plan that does not clash with your monthly budget: 1.        Fixed Rate of Interest Here, the interest rates will be fixed for the entire tenure of the home loan. This helps in planning repayment ahead as the amount to be paid per month will remain constant. An added advantage of fixed interest rate is that the RBI policy changes on interest rates will not affect the rates belonging to this loan type. The disadvantage of choosing this type is that it includes bank charges that are slightly higher that other loan types and also a drop in general interest rates due to various policies does not let us obtain its benefits as the interest rates remain fixed. 2.        Variable Rate of Interest Variable...

When looking for a new home whether for residential purpose or as an investment choice, many consider a second home for many reasons. What are the benefits of investing in a second home? Investment choice Investing in a real estate residential property brings you great returns in a short span of time.   In the case of a second home, it is an affordable investment choice. Tax benefits The home buyer can avail tax benefits on the interest payment of the home loan in the case of investing in a second home. Retirement or vacation home A second home is a great investment choice for one who plans to settle at his native place after retirement. The investment in a second home can also be in the form of a vacation home in an ideal location to enjoy your holiday with your family. Source of steady income One can generate extra income apart from the long term price appreciation by renting it out the property. Melonwood Greens is one of the top-rated luxury ...

Home loans are the most feasible option to finance a home. Banks offer various schemes and benefits to prospective home buyers. While choosing a bank for loan, conduct a proper research on the policies of a bank, their interest rates and loan process to avail maximum benefits out of it. Following are a fewtips to choose the best bank for a home loan: 1    1. Loan process Check a bank’s loan process and analyse the time they require to verify the credentials of the builder and sanction the loan. Ensure that the bank does an exhaustive review regarding your loan eligibility and other conditions involved, as it proves that the bank follows a robust process without any loopholes which could become a trouble in the future. 2   2. Hidden costs The terms associated with the loan should be clearly communicated to the applicant by the bank and should educate them regarding all the costs involved in it which includes legal charges, valuation charges, prepaym...

Everything is smart now – phone, television, airconditioner and what not. The technology you use is smart and now it’s time to make your home smart too. With best tech companies all around the world constantly innovating new technologies and home products aimed at enhancing and making life easier, it’s high time you switch to a smart home. Here is how a smart home can help ease your life: 1.     Smart Home Security From digital locks to door locks to surveillance cameras, install these smart devices to secure your family and home. Door locks are now made keyless with technology and integrated with smart home; indoor and outdoor cameras are installed to monitor your home at any time from your smartphone. 2.     Smart lighting Imagine having a lighting system that functions according to your daily reactions, dreamy isn’t it? Smart lights are those that brighten and diminish as per your requirements with just a click. 3.   ...

Real estate is a dynamic industry evolving with time and latest market trends. Therefore, real estate investments should be done only after deliberation, contemplation, and research to increase the rate of success. Here are the top 3 strategies that ensure success in property investment: 1.     Find growth factors After learning the pricing trends in the market, identify the factors influencing the price variations in the market. Macro and microeconomic factors influencing the market has also got an impact on the value of a property. Civic and social infrastructural facilities like schools, colleges, roads, hospitals, bridges, public services, and transport tend to boost the market growth in real estate. 2.     Learn about pricing trends Study the prevailing trends to provide inputs about the real estate market of a location. Then compare the pricing information to evaluate the growth of the market and make an estimate regarding inves...

The latest buzzword in interior designing is zoning which means creating smaller spaces in larger areas at home and then dividing them as per our usage and accessibility. This creates extra capacity for better utilization of space depending on the multiple needs and requirements. The following are a few effective tips for creating zones at home: 1.     Lighting It is possible to create zoning effects by employing different lights to bring in visual breaks. With soft and bright lights installed above the dining area and living room, you can separate both the rooms by creating a double room impression. 2.     Furniture The easiest ways to create zones and to segment two or three spaces, it is better to thoughtfully place furniture and choose the right ones. For example, you can add a couch and a table lamp right next to the bedroom as a space to relax and unwind. Seating arrangements in different patterns like placing sofas to form a sq...

Kochi is a major hotspot for real estate with leading builders and developers launching their projects designed for an impeccable lifestyle at the heart of the city. The myriad of benefits offered by flats and apartments makes it the most favorable and profitable real estate avenue. Here are the top benefits of investing in a flat: 1.     Convenience Equipped with modern amenities and facilities, apartments facilitate convenient living. Nowadays most of the projects has got features like swimming pool, rooftop party areas, health club, terrace gardens, surveillance system and what not. 2.     Appreciation Flats and apartment projects have immense growth potential in the market with its percentage always rising with respect to the appreciation value in cities. 3.     Bank assistance Banks and other financial institutions provide extensive support and financial assistance while purchasing flats or apartments. Around...

E-commerce has become a booming trend and its growth is commendable over the last few years. This growth has reflected in the real estate sector also, with online home shopping taken up by prospective buyers and investors. Here are 3 major reasons for the booming trend of online home shopping in real estate:        Immense amount of data Home shopping sites and real estate portals provide a great deal of data that promotes buying, renting and leasing decisions of properties. These platforms provide information related to property listings, project value and comparative analysis between various builders and their upcoming projects from various sources and public records for easy decision making.         Smart age With technological advancements it has become relatively easy to drive real estate sales. The virtual presence of builders and developers from all around the world and the availability of detailed information for ...

Bare and empty walls bring down the elegance of your home and its complete ambience. Decorating those walls add a touch of vibrancy transforming the complete interior space. Here are the best hacks to follow to dress up those empty walls at home:        Modular shelves Modular shelves add style and elegance to the wall and also serves a functional purpose to organize and store aesthetically. Available in different materials such as wood, plastic, metal and glass, choose the best one according to the style of home décor.      Mirrors Placing a large mirror with ornate wooden borders enhances the appeal of the room and casts an illusion of larger space. It is a cost-effective option with the dependence of artificial lights reflecting light and thereby illuminating its interiors.       Hollow space A much preferred contemporary technique is to create a hollow space on the ...