Three Dimensional Elevation-House at Adoor

See three dimensional Elevation for house designed for construction at Adoor with features of traditional Kerala Architecture and modern technology

Converting your hopes into reality and giving you more

When you think of building your house, naturally you will list out what all you would like to have in the house. This needs and hopes for the house can be classified into three categories

1. Essentials

2. Would like to have

3. Can hope to have

Items in 2 and 3 categories can be realised if your wishes can get supported by funds. You may have following options for funds.

1. Funds readily available with you

2. Funds that can be generated in one or two years’ time, during the progress of construction work

3. Funds that can be generated through relatives and friends

4. Funds from financial institutions

Whatever may be the estimated expenses indicated by your consultant or contractor you will have to consider at least 25% higher while planning funds for the construction as cost of construction can only go up during the one year or more period it may take to construct the house.

An experienced Architect with lots of common sense and creative capability can design for you a lot more features and facilities for the house than what you need and hope within your budget limitations if any. If you go to simply someone who can draw a plan of the house for you, you will of course get a Plan of the house for a pittance. But you will not get what you can get from a good Architect. Few thousands of rupees a good Architect may charge you will save you not only lakhs of rupees but will get you a house you can be proud of and a house which your children will not demolish after your death as the house will be too good to demolish.

House loan

Building a house is the greatest investment for any one especially Keralites.While venturing into the greatest investment of life,most of them do not plan it properly,do not collect information and study about how to go about building your house.Many simply think it is like buying a commodity from the market and hence simply go on enquiring from contractor to contractor looking for that contractor who will quote lowest rate without bothering much about small writing in the bottom of the offer-Conditions apply

As i have written many times earlier,once you decide to build your house or even feel the need to build your house,you should straight away go for it with careful study and preparations.You need a true professional who has not only qualifications in designing and building houses,but a wealth of experience in designing and building houses with an open eye for acquiring knowledge on new developments in the field as technology developments come faster in this area.

Cost of construction even with professional Engineering Estimates can only give  approximate indications as all input costs for building a house keep increasing in Kerala conditions.You need professional guidance to avoid unwanted expenses and to choose right material and workmen to get best appropriate and most economical results.

In my opinion even if you have sufficient funds with you,it will be better to avail house loan which give you repayment period from five to twenty years depending on your age when you apply for housing loan.The simple reason is that you get money now to build your house at cost prevailing today.Tomorrow cost will definitely reach unreachable levels for you if you simply postpone your house construction.When you avail housing loan you will have to make installments of payments after few years when real value for money used by you for construction has come down much in terms of the purchase capability of the money.So when you avail of Housing loan you get higher value money and as years pass you repay money with much lower value.

There is no point in searching for that bank which offers 0.5 or 0.25% less rate for loan.Whatever may be the rate of interest banks tend to collect over a period of years almost double the money you have taken as loan of course with lesser and lesser value for repayment money as years pass.

Let us see what all the documents bank will ask for processing your housing loan in Kerala

1.Original deed which shows that you have absolute ownership for the land

2.Encumbrance certificate to be obtained from concerned Registrar office where you registered your land purchase deed for the past 13 or 14 years(it may vary from bank to bank).This will show history of ownership of your land for the past 14 years and will show if there is any liabilities on the land duly registered with concerned Registrar office.

3.Land tax receipt in your name clearly showing you as the possessor of the land as per the deed issued by concerned Village office paid up to date.

4.Possession certificate in your name issued by Village office for the land

5.Location certificate for the land issued by Village office

6.Original or copies of all previous land deeds for the land at least for the past 14 years

7.Copy of Building permit issued for construction of building by the concerned Panchayath.

8.Copy of approved Plan duly approved and sealed by concerned Panchayath prepared and signed by your Architect or licensed Engineer and you.

9.Original of Estimate for construction of the building preferably signed by a Chartered Engineer.( Banks will pay only 70 to 80% of the cost indicated in this Estimate.So you have to give suitably prepared Estimate in consultation with bank officials)

10.Building tax paid receipt(up to date)if the land has any other existing building .

Kerala Style House Elevation

Look at three dimensional view of house designed by me for an NRI with traditional Kerala Style.If you like this Elevation write me for the Plan and other details to

vhthomas@viruvelil.com