Do you remember the exact moment in time that you decided that real estate investing was the vehicle you wanted to use to reach the financial success you’ve always dreamed of? Depending upon your age and how long ago this happened, you might have seen a late-night infomercial, read an article, or visited a website that captured your imagination and your entrepreneurial spirit.

If you’re anything like me, you were unable sleep and you kept your spouse up to all hours of the night plotting and planning, scheming and dreaming, laying the foundation for what you knew was going to be your coronation into the real estate investor’s Hall of Fame. (more…)

After the government announced lower interest rates on home loans, a lot of buyers are once again hoping to buy their dream home. According to a report Finance Minister Mr. Pranab Mukherjee, 1% subsidy will be given to the people who will be buying houses for not more than Rs.20 Lakhs and this subsidy will be given for the first year on Rs.10 Lakhs only. However, this scheme may not be much beneficial to many people but still middle and lower income group can benefit from it. Still, it is not clear that this scheme will be available with lower interest rates schemes or it is applicable with other house loan packages

With schemes being provided on low priced houses, there has been an increase in the demand for such units as till now builders were focusing on luxury apartments in price range on 50 Lakhs or above. But after the slowdown, property market has shrunk and now builders are focusing more on mid budget apartments in the range of 30-50 lakhs or lower budget apartments in the range of 15-25 lakhs.Even though it is difficult to find such low price houses in Delhi/NCR or even Tier-II cities, builders and developers are coming up with many new affordable housing projects to push property transactions.

(more…)

Mr. Rajiv Bhatia, an Entrepreneur, was in dilemma whether to buy an office space or rent out or lease it. Lack of sufficient funds confused him even more as he wanted to buy a commercial property in a locality, which could have been good for his business but at the same time the property prices shouldn’t be too high. If he like a place, the prices would be too high and the place where he could afford commercial space, that place was not at a prime location and was also not suitable for his business.

There are many people who face similar dilemma, if you are running short of money, don’t panic because this is not the end of the road, you can keep other options open like renting, leasing a property which can also be a smart choice. Initially, you can opt for short term lease at the location which you think will help you in bringing more business. A short term lease can be beneficial to you as you will be flexible and you can leave early if you are not pleased. If things worked, you can renew your lease and make it long term. There are some common types of commercial property leases which are as follows:

• Gross Net Lease: In this type of agreement, the tenant only pays fixed amount of rent, which is decided between the landlord and the tenant and other expenses like insurance, taxes etc owing to the property are paid by the landlord.

• Finance lease: This type of lease agreement is long term and irrevocable. It is also called capital lease and in this type of lease, the lessee acquires the title of asset at the end of the lease. All the expenses owing to the property like maintenance cost etc are to be paid by the lessee and he can have the tax benefit from the lease. (more…)

The last decade in India saw property prices spiraling up like never before. With growing urbanization and development of ultra-modern residential projects, the rates for a traditional 2-BHK apartment or a 3 -BHK apartment in cities have risen exponentially. The infrastructure development in cities has also led to the rising prices. While property developers made a lot of hay while the sun shone, the prices have moderated to some extent now with the economic downturn hitting home. In smaller cities like Pune, Nagpur, Surat, Bangalore etc, there has been a lot of development in the real estate market.

In Maharashtra, Pune property enjoys strategic advantage location-wise, being close to Mumbai. Also, the city had developed as an IT hub in the region. A lot of Indian and multinational IT companies have set shop in Pune and are hiring local talent as well as people from outside the state. With an inflow of population, the demand for housing has also grown. Many people who come to Pune to work also settle down here eventually as the city offers all modern amenities on top of a pleasant climate throughout the year. Thus, there is a need to create affordable housing for the salaries class in Pune. Realizing this need, many real estate and property developers have started projects for affordable housing in Pune. (more…)

If a beautiful and serene locale is your ideal destination to own a property, you may do well by putting your money in Kochi. Cochin or Kochi, located at the southern end of India, is a beautiful coastal city in the city of Kearla. Real estate in Kochi has seen a major boost in the last few years. There are many reasons that have combined to make Kochi a popular real estate destination. In this article, we will look at some of those reasons, if not all. This city, also known as Queen of the Arabian Sea, offers not just breathtaking locales for residential houses, holiday homes, retirement homes but also a commercial destination, being an important port city.

Real estate in Kochi became so popular because it promises a healthy and serene life to residents and tourists. Kochi’s has a pleasant climate and a peaceful atmosphere to offer to its residents. This is the reason that people looking to make investments for retirement homes, holiday homes or just to grow their money have invested hugely n Kochi. Owing to this, real estate in Kochi has seen a huge boom in the last few years. The Kochi property market is seeing a huge boom and investors have pumped in money to make the most of this growing market. (more…)

As a real estate investor, you’re going to rely upon a variety of funding solutions in order to reap the financial rewards available in today’s real estate market. While you don’t necessarily have an absolute need for credit in order to get started, there’s no question that you can reach your destination much more quickly if you have good credit. Increasing your overall financial literacy involves learning some crucial details about your credit score – and how it will impact your ability to secure the cash you need for funding your deals.

Your credit score is nothing more than a numeric indicator of your ability to pay your credit obligations in a timely fashion. The higher that number is, the better of you’ll be when you need to utilize credit for any purpose. The credit reporting agencies have spent millions of dollars analyzing credit data on tens of millions of consumers, and they have developed highly complex systems for grading risk. The result of all of this work is the credit score. (more…)

Turkey is continuing to gain strength as a renowned ideal overseas investment market. The varied reasons why ever increasing numbers of buyers are looking into the Turkish market can be summarised into the main points mentioned below. While every investor has their own personal preferences for investing in particular markets, the selection revised below comprises of five of the location’s main selling points.

Sought After Emerging Market

Emerging markets often present several optimum investment opportunities for both capital growth and rental yield potential. Prior to an established mass market attraction, prices are often at their lowest. Several other factors normally cause rapid price growth, bringing costs of land and construction up as the infrastructure and ease of access increase. The higher demand for properties usually results in lesser availability, also causing prices to rise dramatically. (more…)

Perhaps for first-time home buyers investing their money on real estate property in times like this is a very risky move. But wait! Do you know that this is a perfect time to buy now for first-time home buyers? There is a great opportunity that is open in the real estate market now. Even real estate agents would suggest that this is the right time to buy a home for first-time home buyers.

Though some economists are optimistic that home prices will stay low for the predictable future, other buyer friendly incentives may not stay longer. While these home buyer incentives are still around, it would be a great chance for first-time home buyers to take advantage of these home buyer incentives. See the two reasons why buy now is the right time for first-time home buyers. (more…)

Hyderabad, the capital city of Andhra Pradesh, is also known as the city of Pearls. It offers not only enhanced lifestyle but also offers better electricity and water provisions as compared to other metropolitan cities like Delhi and Mumbai. The government of Andhra Pradesh has taken numerous steps to improve the standard of living, water and electricity facilities of Hyderabad. Also, the city has housed major IT/ITES companies; therefore, the city always boasts of high residential and commercial demand.

After the global economic slowdown, the city has gone through major transformations. The Hyderabad property market is stable and property prices are not as high as other cities in India. Because of the slowdown, many builders and developers have come up with affordable housing and some builders held their current projects. But in the past few months, the realty market of Hyderabad has shown signs of recovery. Now, many builders are planning to launch new projects in the city. (more…)