Post From The Past – From The Archives Of An Old Blog

Here’s an old blog post, circa 2006 that I posted on my old blogspot account on Blogger.com about the decision to sell our old family house and move to the current apartment we live in:

I can’t remember if I have ever mentioned that my family was planning on selling the house we have in Thrikkakara. Perhaps I have, but anyway we were planning on doing so and finally reached an agreement with a doctor who decided to buy the house and land surrounding it for a good sum – which was 4 lakhs less than what we planned on selling it for and 4 lakhs more than what he planned on buying a house with.

The long search for a good offer has taken us almost three years on & off. This year the search for a prospective buyer had intesified with my dad going all out to find a willing person and my sister pitching in as well. We wanted to sell it as fast and for as much as we could in order to pay off the loan we had with TATA Tea which was incured at the time when my dad’s business went down. The interest on top of the money we own them will take care of a huge chunk of the money we get for our house. And then we had the search for a replacement house or an apartment that would suit our requirements. My dad & mom opted for a flat which would require less of day to day maintainance and cleaning. With me out for most of the days it would be mostly just the two of them plus a part-time maid.

We searched high and low all over Cochin for a good place. We found good houses for less money but the catch was that they were located quite far off from the main parts of town. A really good house with four bedrooms at a price that could be called a steal and a bargain was almost too good to resist. But the fact that it was so far from a bus stop or shops or the town made us decide against it. Several good flats were looked at but the price disuaded us. Or in somecases they were really good and the price was ok as well but either they were months away from completion or the current owners wanted us to buy it immediately which we couldn’t do as they money for our house was not yet recieved. Finally we got one in Kacheripady – in the heart of town, close to everything. I would have a nice bar (there are three nearby), a supermarket, shops of all kind and I can walk back after watching late night shows in three or four movie theatres and be home in less than 20 minutes. What a great deal! The apartment is 3 bedrooms kinda small and the outside looks kinda old. The insides will be fixed with some paint and we have to work out some cabinets and drawers all over to store stuff. That will be done soon – I can’t wait to move.

3 thoughts on “Post From The Past – From The Archives Of An Old Blog

  1. So looking back has everything gone well with the transition …
    Do you think it was all good timing and pricing …

  2. Yes it was good timing – in that we were able to get the best price for the house (no one was coming close to what that doctor was willing to pay and he did a lot of renovation on the house after they bought it) and the price for apartments went up in just a few months – people were buying apartments in our building for 24 lakhs compared to the 18.5 we bought ours for!
    And yeah the transition did go well, except for the mosquitoes!

  3. Ah that sounds good…its nice to know when you look back into the past…thought as much that it would was an apt year(property prices at a peak of sorts) for the switch & to generate the funds….mosquitoes…well dont worry Thrikkakara probably now has that problem as well…

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