Cost Effective Housing Projects from ArtechDecember 13, 2013

Cost Effective Housing Projects from Artech

Kerala is an ideal place for buying your home. It is much easier and cost effective to buy apartments here than anywhere else and you will certainly get a good deal. Depending on your budget and facilities required, real estate companies in Kerala can construct the best apartments for you.

There has been recent calls in the Kerala political circles to promote green construction technologies in order to make homes environment friendly as well as cost effective. The Kerala State Housing Board (KSHB) has been holding many seminars on cost-effective housing technologies recently.

Selection of appropriate building materials can minimize the expenditure of building construction to a great extend. With effective cost management, it is possible to build high-rise apartments and condominiums at a rate much cheaper than what is currently offered in the market. The waiting period for the buyer can also be reduced considerably.

Pre-fabricated reinforced concrete helps in reducing the time period taken to complete a project. The construction cost is reduced substantially and thereby it reduces the financing risks and non-performing loans with the banking institutions.

Several builders in Kerala such as Artech Realtors have already started with cost effective housing projects with an intend to provide affordable luxury to their customers in major residential areas. As a critical step in the Kerala real estate sector, this is bound to increase the number of rich and middle class people to consider buying a flat.

The current cost-effective projects are so attractive that they are enticing many NRIs and residents to make significant investments in the real estate arena of the state. As the demand for budget apartments in Kerala increases, constructing them is the top priority of the builders.

The overall monthly income and the volatile economic scenario can be attributed to the rising demand for apartments that are under 30 lakhs. A vast majority of people in Kerala earn less than Rs. 50,000 a month and most banks restrict the loan amounts to 80% of the property value. This means that an apartment costing 25 lakhs would be financed upto just 20 lakhs. Therefore studies show that if a builder can roll out an apartment at a lower price range, there will be huge demands for it.

This is prompting several builders to plan and construct cost effective villas and apartments in Kerala. Real estate market is not for buying or investing. One can also sell the apartments and with Artech Realtors, it is possible to get apartments with good resale value.



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Related Projects

A few of our inspiring projects

Apartments in Trivandrum

Being the state political capital, an educational hub as well as home to Kerala’s largest and rapidly-expanding IT hub, Artech has realized the growth potential of Trivandrum as a prime spot for real estate investment. Artech builders in Trivandrum offer a number of lavish and eye-popping apartment projects located in classy niche areas to inspire you.

Apartments in Thrissur

The city built around the base of a 65-acre hillock is steeped in rich cultural and spiritual history. Aside from being known as the cultural hub of Kerala, Thrissur is also known as a major business center. Artech offers Thrissur, one of its finest creations to-date, the Artech Gateway, featuring exclusive lifestyle apartments.

Apartments in Kollam

Located on the banks of the scenic Ashtamudi Lake, this ancient city dating back to the biblical times, has a strong commercial reputation. The verdant beauty of this city also attracts many people to set-up homes here. As flats in Kollam are in great demand, Artech Realtors have a number of luxurious projects offering superior homes with amazing blue vistas to its residents.

Apartments in Kottayam

Kottayam has always been at the forefront for education and literacy. Aside from this, it’s a peaceful town that thrives on commerce. Artech Realtors have given Kottayam their first taste of high-end luxury living with Artech Rio. The unending views of the surrounding greenery, the meandering river and outstanding amenities makes life in these classy apartments one-of-a-kind.

Apartments in Thiruvalla

Thiruvalla, which has earned the moniker the ‘Land of the NRIs’ is situated on the banks of the Pamba and Manimala rivers. With a paucity of suitable homes for the cream of the society, there was a glaring need for luxury flats in Thiruvalla. The blissful Artech Kaazhcha apartments offer an inspiring mix of high-end comfort and luxury.



The information provided on this website is meant for general guidance. Though we have taken utmost care on the accuracy of the contents, the customer should make an autonomous assessment of the contents. However, the prospective buyers should rely upon the terms and conditions of the sale and construction agreement between the Builder and the Client.

The visuals of the projects symbolize artistic impression only. The information contained herein including the fittings, finishes, features, floor size and color etc. in the visuals are subject to change. However, the plans & specifications indicated in the Builder and Client agreements are final and we have not authorized anyone to make any oral commitments or promises on our behalf in regard to the plans and specifications of the apartments/projects.

For any clarification please feel free to call +91 9847 600 600 or walk into our offices. Our representatives will always be at your service.