Best Ways To Save Money Selling Real Estate

Selling real estate is always a topic of interest for any home owner. The average American will sell a house every five to seven years. Given a 90 year life expectancy and assuming you buy your first house at age 30. You can expect to selling 8 to 12 houses in your life time.

When it comes to selling a home it can be a very hectic and emotional time. There is a lot of money, memories and family history involved with selling a home. That is why it is best to take an outsider approach to selling real estate. Try to shake off the emotions and think like a potential buyer looking for a new home.

There are typically only 3 ways to sell real estate and some will leave you with more money and create a faster sale than others. There are advantages and disadvantages to each type of home selling process so chose the best option for your particular home selling situation.

Sell your house fast with out a real estate agent
One of the quickest ways to sell real estate is to contact a local real estate investor or home buyer in your area and receive an offer on your house. These real estate professionals exist in every major metropolitan area across the United States and make a living off of investing in real estate.

There is a myth that all real estate investors are out to make a quick buck and take advantage of home owners. Just like any profession there are reputable home buyers and there are dishonest ones. The truth is, real estate investors are a great asset to any home seller.

Most know more about real estate than a typical real estate agent. They are familiar with short sales, helping home owners avoid foreclosure, lease options, rent to own programs, and best of all most can pay cash and create a quick close on your house.

How can it cost you less to sell your home to a real estate investor? Because you are selling real estate directly directly to a buyer there are no real estate agent commissions involved which is typically 6 percent of your sale value. This can add up to tens of thousands of dollars. Instead of paying a real estate agent commissions you are giving some of that money in equity to the new home buyer or investor.

Another awesome advantage of selling your real estate to a local home buyer is the over all home selling process. Through any typical home selling process you would have to spend thousands of dollars stagging your home for sale. You have to leave your home every time a potential home buyer wants to view your home. This can make the home selling experience even more emotional than it already is.

When you sell your house fast to a real estate investor they will buy your house as is. You do not have to spend money on fixing up your house to create curb appeal. You don’t have to leave your house every evening so people can walk through your home critiquing your home decorations. A home buyer will quickly wall through your home, ask you a few questions about the homes history and give you an offer then next day.

So if you need to sell your house fast, consider receiving a free, confidential, no obligation offer for your house from a local home buyer. It will not cost you anything, you will receive an offer on your house, you will not have to pay any real estate commissions, and you just may receive an offer you can not refuse.

Selling real estate for sale by owner
The next best way to keep more cash in your pocket when selling real estate is to find a home buyer yourself and skip paying real estate commissions to an agent. This avenue is not for all home sellers. Real estate agents exist because they provide value and service. However if you have extra time, energy and are up to a challenge then selling your home for sale by owner could save you big dollars at the closing table.

One disadvantage of selling your house for sale by owner is the up front costs. Instead of a realtor taking charge of the marketing of your home, you will be the main marketing avenue to get the word out. Some of the out of pocket expenses will be getting your home in great shape to sell, and marketing. The best marketing money you can spend is to pay a for sale by owner company who will list your home on the multiple listing service, MLS.

This way you have captured the same marketing a real estate agent would use. This is also the best way to get thousands of potential home buyers to know your house is for sale. You will also have to pay for signs, internet listings and some paper work.

Selling your house with the help of a real estate agent
The more traditional way to sell real estate is to go through a real estate agent. This home selling option will leave you less money at the closing table but could yield a better experience than selling your home by yourself. After all, you are hiring a professional to take care of all the home selling tasks.

Note than you will still have some out of pocket expenses and some inconvenience. A good realtor will walk through your home and put a list together of things they suggest you do to make your home sell quicker and for a higher price. You will have to pay to upgrade certain items in your house, paint new walls, take down family photos and other tasks.

Typical real estate agents charge 6 percent of the sale price of your home as a commission. So if your home sells for 200,000 the real estate commissions would be 12,000. The agent will receive this payment at the closing table so you do not have to come up with this money out of pocket.

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Earn A Good Income By Investing In Real Estate

Television and Internet commercials about strategies on making money in real estate abound in our late night viewing and Internet surfing today. The common question on people’s mind now is how exactly can they join and earn an income by investing in real estate. Investing in real estate is pretty much like other types of investment wherein the investor will purchase a property to be sold later for a higher price.

As you can already tell, real estate investing isn’t that much different from stock investing. You put your money into a product, let it appreciate in value, and then sell it at a higher price.

The extent of your income in buying and selling real estate property lies behind how low you’ve purchased the property and how high you’ve sold it at later date. Like those found in television and Internet commercials, investors found myriad ways on how to do this. Their different winning-strategies are what they’re selling to people.

A sure way to earn an income is to scout for properties that are priced much lower than its market value and sell it at a much higher price by doing some job on the property. But it’s a challenge to scout for these properties and even if you do find one, chances are your income is still not enough to make you very rich in the future. If you want to accumulate wealth, there are other ways you can use to achieve your goal.

Buying foreclosed homes can prove to be a profitable strategy for real estate investing. Since foreclosed homes are auctioned off, it’s possible to purchase the home for a price that’s much lower than the market value. This is especially true if the owner’s had a considerable amount of equity in the home. Assuming the property doesn’t require any major repairs; foreclosures are a great opportunity for making money in real estate investing.

Investing in government issued tax lien certificates is another way to profit in real estate. The government will issue a tax lien certificate against a property if the owners didn’t pay for its property tax. There’s no losing party when it comes to this deal.

The government gets its tax payment on-time – paid by the investor – the property owner is given a grace period to pay his obligation, and the investor is given a chance to earn in two ways through the tax lien certificate that he bought.

The tax lien certificate gives the investor the right to earn a much higher interest rate compared to other investments; this interest rate is mandated by law. But the most exciting thing about it is that if the property tax will not be paid during the grace period given to the owner, the investor is given the chance to purchase the property at a bargain price.

Knowledge in other forms of investment is a good start when you want to try real estate investment – although it’s not necessary. Real estate investment is not as difficult as people might think; it closely resembles other forms of investment. All you need is the basics of investing and the rest you need to learn will follow when you’re doing the actual investing.

What To Look For In A Real Estate Broker

If you’re looking to relocate to Fayetteville, North Carolina, and you’re looking for a house, you will need the services of a real estate agent. A reputable real estate agent must be authorized to conduct real estate transactions, matching sellers and buyers that want to do business in the Fayetteville area.

The agent is responsible for getting the best value for the buyer and the seller in terms of price. In the United States, a real estate agent is required to have a license in the state that they’re conducting business in. In this case, the agent would need to have a valid license in the state of North Carolina.

The agent may just be a person who sells real estate, or they may be the proprietor of their own real estate company, in which case they would be considered a broker. In order to get a license in North Carolina, the candidate must attend real estate school and then pass a state test. After they pass the test, they will receive their state license. They are then authorized to work in North Carolina as a real estate agent or broker. When they start working with a real estate company, they have to get their feet wet by showing prospective customers homes for sale. The real estate agent is required to be a member of the National Association of Realtors. This group is bound by a code of principles in regard to where they’re selling real estate.

Some states have agreements with other states, where say for instance, a licensed real estate agent in North Carolina can also take the real estate test in another state and be authorized to sell real estate there as well. The advantage of this arrangement is it’s not necessary to finish the requirements for that particular state.

After getting some residential sales under your belt, an agent can advance and get a license as a real estate broker. The agent must take additional classes and pass a state broker’s test.

After they pass the state test, they can get more experience in the office working as a manager or eventually open their own real estate company. This way, there is potential for additional income by hiring other agents to sell residential properties.

In Fayetteville, the real estate broker gets a commission when a residential property is sold. There is a contract that is drawn up, and the terms are supposed to be adhered to. The commission is applied when the sale is final. The amount of commission is dependent on the details of the contract. If the person conducting the transaction is a real estate agent, they still get a commission, but they also have to fork over a percentage to the real estate brokerage firm.

Some Fayetteville real estate brokers may offer individual services in addition to or in lieu of the regular full service, which is based on commission. The individual services include MLS marketing, appraisal of residential properties, conducting a sale or purchase or residential properties, and market analysis.

Before you decide on a real estate agent or broker, do your homework and check them out thoroughly. The real estate agents or brokers in Fayetteville should adhere to the same rules and regulations as others in the real estate industry in North Carolina and elsewhere.

This Could Be The Easiet Way To Make Money In Real Estate

The ways a person can make money (and lose it) in Real Estate are nearly endliess. One of the easiest ways I’ve seen to make money in this business is becoming a Real Estate Bird Dog. Stop before you rush out the door! You’ll still have to work at it. However, many of us believe it’s far easier to make some money this way than with all the headaches that come with traditional real estate investments.

What is a Real Estate Bird Dog?

A Real Estate Bird Dog is a person, or in some cases a company, who locates investment property for Investors.

Why is there a need for this type of service? Many Investors are business people who are busy making money and don’t have time to hunt down good deals in major real estate markets. This is where a real estate bird dog comes in.

What do you have to do to become a real estate bird dog?

The most important thing to know to become a successful bird dog is know your local real estate market. Here’s how many get started; the bird dogs seek out relationships with real estate brokers, agents, bankers, lenders and anyone else who may have knowledge of a good investment. Then, when someone in their network here’s about a good investment, they call the bird dog and fills them in on the details.

In most markets, the bird dog will be a person who already works in the real estate field, for example a Agent or perhaps an assistant to a Real Estate Agent. However, I know Bird Dogs who do nothing other than find investment deals for investors.

How do you make money doing this?

Commonoly once an investment is located, they present the investment and the details to the investor. When/if they buy the investment, the real estate bird dog is paid a service fee which is typically a percentage of the price of the investment or it could be a flat fee, it depends on the bird dog.

Are their any advantages?

One advantage is that once you hand the property off to the investor, you job is done. You don’t have to worry about setting up financing, inspections or any other of the headaches that can come with investing in real estate.

What is the earning potential here?

Obviously it depends on what percentage of the deal you decide your time and effort is worth, but some command as high as a 10% finders fee. I’ve heard of higher fees, but most that I’m aware of run in the 3 to 6% range.

Are there any disadvantages?

Sure, as with any career track nested in real estate, there are some risk. For starters, in some states, if you find real property for an investor and then charge a fee, they feel you need a real estate license. Check with the State you live in before going into this.

Look at it this way, at the worse case, you’ll have to take a few boring classes and get your real estate license. There are worse things to do with your evenings! At the least, you’ll just have to start networking with the industry in your market to get in on the ground floor of becoming a real estate bird dog.

How To Succeed In Real Estate With These Five Keys

After you’ve been investing in real estate for a period of time – or maybe even in the idea stage – you might become interested in turning your investment into a business. While a lot of investors don’t start their business until they’ve gained some experience, some investors start their business first. When you start, your business isn’t as important as the habits you form.

Sad to note but there’s no one way towards success in real estate investment; a lot of successful people walked on different paths but the end result is the same – success. Numerous as they are, but these paths have five key things that helped bring in success. These five key things are not demanding; they only need to be studied and applied in your business.

1. Focus on building your real estate investing business. There are two key parts of a real estate investing business – the investing and the business itself. You can’t sacrifice either of these components for the other. Building the business is important especially in the early stage if you’re planning longevity for your income-earner.

2. Beat your competition on more than just price. Low-price may have worked for Wal-Mart, but don’t depend on it to work for you. If the only thing that makes you better than the next guy is lower price, then you should rethink your real estate investing strategy. Don’t waste your profit margins trying to undercut other investors, for sale by owners, and real estate agents.

3. Don’t be afraid to work solo. If there’s one thing most successful real estate investors have in common, it’s an entrepreneurial attitude towards their business. You might have cold-feet about building a real estate investing business on your own and don’t be discourage, this is normal. You must also remember that it’s perfectly alright to make mistakes as long as you quickly learn from them – and don’t repeat them over and over again.

4. Learn to delegate tasks to capable employees – Delegating tasks to capable employees is another trait of a successful investor. If you begin to notice that you cannot do all the tasks needed to continue your business growth even if you do overtime, then its time for you to hire people. Hiring is not a matter of “yes” or “no”, but a matter of “when” especially if your business is growing.

5. Ensure quality at all times – When prices are climbing, you must resist temptation to hire discounted labor or buy discounted materials; you can do this but not to the extent where your product becomes weak and substandard. Words come around fast, your customers will talk about you and if they find your work worrying, for sure other potential buyers will know about it. However, if they know that you have their family’s safety as your number one consideration by building sturdy homes; they’ll most likely recommend you to other buyers.

Remember also that the key things I have mentioned above are not the only things that you can do to ensure your success in your real estate investing business. You’re going to learn other important points as you go forward in your business because, still, experience is the best teacher.

Emerging Trends In Real Estate

The real estate industry is one that does not face depreciation. Continuous development is always taking place and it is always evolving. The government has come up with policies and investment plans that have been instrumental in increasing the investment value of the real estate industry in India. Since the initiation of Foreign Direct Investments (FDI) in 2005, the real estate industry has come to be known as the Indian property bubble. The real estate industry is the second largest in terms of foreign investments which has led to three times the size of the turnover of the industry prior to the FDI policy being initiated, facilitating other countries to invest into the Indian real estate industry. This has created a very positive identity for the industry. A rapid growth in the commercial, residential, and retail sectors of India in metro cities like Mumbai, Delhi, National Capital Region, Bangalore and Chennai.

A trend in the real estate industry would be any pattern that is consistent and causes a noticeable change over a period of time. This change in direction will result in statistical changes. Economic changes, fluctuation in mortgage rates, speculations by consumers, or other reasons may cause the rise of new trends. The advancement in technology has brought about welcome changes for consumers looking into the real estate industry. The Internet is one such upgrade. In the recent years, a majority of real estate buyers have been reported to using the internet for information to invest into real estate development. This has been a huge advantage as buyers dont have to go through other time consuming media to acquire essential information and there are lesser chances of distortion of information which would otherwise occur if there was any human intervention.

Thus, the internet dominates other conventional media like newspapers and other sources as the consumers preferred medium of information. The National Association of Realtors (NAR) of the United States of America revealed in a study that “An overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel. Although the internet is the popular source of information, real estate agents, yard signs, open houses and print media (newspapers and magazines) are also consulted by buyers prior to investment. Magazines, builders, television, and billboards are presently one of the fewer used sources.

Pacifica Aurum in Chennai is one of the organizations that have greatly benefitted as a result of the internet trend. Pacifica Aurum specializes in offering villas in OMR and luxury apartments on OMR. Pacifica Aurum is a reputed real estate firm in India based in the United States of America who have been involved in the construction of residential and commercial projects in various cities across India (Ahmedabad, Vadodara, Hyderabad, and Pune) and are now launching projects in Chennai concentrating on luxury apartments on OMR (Old Mahabalipuram Road) and villas on OMR as well.

Real Estate Agents And Their Role In Acquiring Assets

The market of real estate is uncertain and you should be an experienced and a knowledgeable person to understand all its ins and outs and the market is also in tremendous growth which eventually work mostly with a real estate agent so the demand of the real estate agents also increase. But if you are looking for homes for sale in McLean VA then you have to hire a real estate agent as it becomes necessary to deal all the issues and tackle the situations so being a buyer or a seller of best homes in Maryland you have to hire a real estate agent who is enough experienced and licensed to do all the works. These people actually serve both the buyer and Seller and make a bridge between the two people and also make the best of the deals so you can depend on these people while making any purchases or sales in the real estate market. Their services are more beneficial and logical too as they both serve the buyer and seller and get you the best possible deal for you. No matter what ever your budget be but you can discuss in details about the property you want to buy and they will also give you important and supportive decisions to make your deal better.

Your tasks

If you are looking for homes for sale in McLean VA then you can get the best of your property needs while getting the chances of getting the legal and genuine assets too. If you are a seller and want to sell your home then you can be on the profit side as the real estate agent will list the best homes in Maryland for sale and if you are one of them then you can get the best buyers for your property and get the maximum market value according to the market situation. These people work best for the buyer as the buyer becomes a new person in the market and he or she do not know about any information in the market and that is why exploring the new property in the market becomes a bit tough and the real estate agent can really help you out and they can get you the right property of your needs.

Buying a house is not an easy task as you need to see many of the factors like schools, hospitals and other needed places such as the locality which is seen if it is crime affected or not but gathering these information is only possible through the real estate agent.

Estates is a Real Estate Company that Deals in Properties in San Diego

When one pictures his dream home, he would naturally think of a house have every bit of comfort and peace and surrounded by an environment that meets his requirements. You can barely define what a typical home can be like, but it should at least be a place where your mind and body can relax itself. It should make you say ‘Home Sweet Home’. Be it large or medium or even small, the atmosphere inside your house should help you calm yourself. At present, you can find innumerable real-estate companies. Most of them promise world class services. But reliability is a strong factor that makes the choice of a company difficult.

San Diego, one of the most important commercial centres of the world, is a place known for its economical viabilities. It is also the second biggest city in the State of California in the United States of America. Moreover the climate is very refreshing and comforting. Thus San Diego homes for sale are obviously in demand. 7 estates is a real-estate company that provides you San Diego homes that are for sale and houses rent San Diego County. The locations of these homes are very aesthetic. The natural beauty surrounding these homes can grab anyone’s attention. The houses are studded with high quality and luxurious comforts. All these features bring to mind a price that is beyond the reach of most. However the actual price is astonishingly lower.

San Diego is rapidly growing into a well-developed city. Highly developed infrastructure and a location craved by many over the world, San Diego homes for sale and sale houses San Diego have a really high demand. Thus it is necessary in every respect to find a genuine property that does not come with a jaw dropping price. Search San Diego MLS listings is the method of selecting your desirable property, purchasing it, or selling it. The web-site classifies the properties as Basic, Advanced or map on the basis of floor area, no. and size of bedrooms, bathrooms etc.

Both the buyer and the seller are provided with all the necessary information by Houses rent San Diego County, with a small price that is required during the transaction. They also employ short sale specialists who guide and advice owners in matters of short sale of properties and against any kind of foreclosure. This kind of a situation usually occurs when the lender is of little help when the owner’s property has been undervalued. 7 estates keep in mind the needs and demands of each and every of its clients individually. 7 estates employ hardcore negotiators who make the situation of San Diego foreclosure homes for sale simpler and less complicated. The entire process remains confidential. 7 estates also manage San Diego Investment properties for sale and Townhomes and condos for sale. The site is also very helpful to clients who wish to relocate to San Diego. The site provides very detailed San Diego County relocation information. So if you want that dream home in San Diego, you know whom to rely upon.

Factors Influencing Buying New Or Resale Flat

Whether to buy new or sale flat, solely depends on your choice of living, financial resources as well as time available with you. Hence, to decide on buying a new or a resale flat list down all your priorities and check how far they would be sufficed. Let us now take a look at some of the factors that can influence your decision of buying new or resale flat.

Factors for Buying New or Resale Flat

If you are running under shortage of time, you are recommended to go for resale flat. In fact, buying for a resale flat which is ready for sell would be a good idea. On the other hand, going for a new flat, which is in halfway might incur many risks as in India neither the purchasers nor the builders are sure of the exact date of completion of projects.

Another factor that goes in favor of buying resale flat, is the location of the property. Resale flats are usually located within the city limits. Whereas, the newly built projects usually find their way in suburban location or the city extensions. Hence, if you manage to get a resale flat in good shape, located at a prominent position, do not waste any further time on hunting for newly built flats.

The biggest factor that stays on the way for going ahead for resale flats is that their age. The resale flats are old and hence, all troubles related to the age of the structure might crop up once you have bought it. The newly built flats are competitively younger in age with good structural strength.
If you have limited money, newly built flats would be perfect. Due to their good position the resale flats are usually sold at greater price. The new flats would be costing you about 50% to 60% of the price of the resale flats.

The advancement of technology and the growing competition among the developers have resulted construction of innovative residential projects that are well equipped with amenities of modern lifestyle. The green and eco-friendly surroundings enable the residents of newly developed projects to enjoy a more healthy and peaceful living.

Real Estate Portal Software

My Realty Pro (A Real Estate Script written in PHP Scripting Language) provides a complete Real Estate Portal Development Solutions to Real Estate Agencies, Real Estate Agents/Brokers & Professionals. A Real Estate Web Portal is nothing but an online web application which provides a platform for property buyers, sellers, builders & agents/brokers to interact with other regarding property.

Our professional real estate php script offer a complete real estate solutions for agents, brokers and property managers, assisting them with their day-to-day management, marketing, analysis and more. Our real estate php script product is a readymade script for running a professional real estate web site. If you ever need to change your site by your own needs, you can easily customize it.

Real Estate Portal allows you to launch powerful and professional looking real estate portals with rich functionalities for the private sellers, buyers and real estate agents to list properties for sale or rent, search in the database, show featured ads and many others. The private sellers can manage their ads at any time through their personal administration space.
Our Real Estate Software Development team used all the latest modules & technologies running the market. We provide a complete real estate solution in terms of features and modules similar to what you see on these reference sites www.99acres.com, www.magicbricks.com & www.makaan.com. Easy to integrate popular payment gateways API like PayPal, 2Checkout, CCavenue, Plimus, Authorize.net etc.

Our Real Estate PHP Script is a complete software solution that will save your money, time and effort. And most importantly, it will boost your online real estate business and guarantee its success! The Real Estate PHP Script is a fully scalable turn-key PHP MySQL Real Estate. Real Estate PHP Script is a powerful combination of the most desired features and easy-to-use interface for property management tasks. This professional real estate system allows you to automate and simplify the realty business process.

With this solution you’ll be able to transform your business into a more efficient, productive and prosperous e-business enterprise. Real Estate PHP Script is a fully scalable turnkey PHP MySQL real estate php script allowing site administrators to charge members to list properties

Ways To Make Money From Singapore Properties

st way – buy low, sell high
Very simple strategy. Timing is key to success for this strategy. Opportunity for buying low is during recession, when sentiments in job market and economy are low (the lower the better). This is a great time to enter the market ‘coz prices will be depressed. Some investors like to buy when prices are “relatively attractive” or “affordable” according to their means. Some investors may choose to buy in only when there’s signs of uptrend (so they are buying at the base of the upturn).

So how do we know whether it’s the bottom? During the bad times, many will say “it’s too risky, it will go lower, let’s wait”. Do understand that real estate is inherently an illiquid investment, as opposed to the equity market. The periodic charts / graphs / data presented (on a macro scale) will be good indicators of how the real estate market is moving. The stock market chart may show volatility (up 1 day, down the other, up 1 week, down the other) but real estate market data will trend for quite some time before peaking or bottoming (we also won’t know exactly how long, that’s a question which only the market has an answer to).

Many home buyers like to think that today’s prices are “too expensive” relative to last month / last year’s price. We will only support such thinking if the broad data shows “all-time highs”, otherwise smart buyers should understand that its not only you who is buying at this “higher price”. If others are buying around the same price, then it is only natural that the market forces will continue to push the prices even higher because each buyer-turned-seller will continue to ask for higher prices to gain profit, and that is how everyone plays the game (well, at least until the bubble bursts).

2nd way – buy at a discount
Simple strategy but often neglected. So, you may be curious as to where exactly can you find properties at a discount? Most real estate articles will teach you to look for foreclosures (auctions), urgent sales, etc. So, we won’t say more about those.

There’s another type of property which we believe can be considered as “discounted” – old apartments in worn-out condition. A word of caution – you should be somewhat interested in doing renovation works, talking to designers and contractors if you are interested in trying out this type of discounted properties. And always remember the 3 golden rules of real estate – location, location, location.

In fact, you can also find discounted properties in new condo projects as well. How so? … stay tuned to our updates and we will tell you more =)

3rd way – buy to lease out
Rental yield (your rental returns on your property purchase) is a fundamental way many people make money from properties. If you are looking into this strategy, may we suggest purchasing 99 year leasehold properties (in a great location) instead of freehold (in the middle of nowhere)? Tenants are willing to fork out higher rental for (1) convenience, (2) comfort. Tenants will not pay you more because your property is a Freehold tenure (even if you had to pay the seller / developer more). Tenants will pay more if your property is near a subway (MRT), or has wonderful facilities, is nicely furnished and lets them hugely enjoy their limited period of stay in Singapore.

We have a list of properties near subway (MRT) which will be updated onto our blog soon. Your can stay updated on our blog via email or you can see the updates on our twitter page and facebook page as well.

Current Property Rates In Delhi

Delhi has always been the most sought after real estate destinations of India. In recent years, Delhi property market has witnessed an exponential growth rate due to immense improvement in the transport system, expansion of Delhi Metro Rail and the commencement of 2010 Commonwealth Games in the capital. A real estate consultancy had recently rated New Delhi as the 16th most expensive real estate market of the world and one of the costliest retail destinations in India. The demand for real estate development is expected to remain robust across Delhi real estate market due to a huge demand from IT/ITES and other various sectors.

Delhi residential property market has witnessed immense growth because of huge demand for housing from various sectors. South Delhi is one of the most happening housing places in Delhi real estate market and the rental values of residential properties like the flats, villas and duplex houses are extremely at higher end.

Delhi, the national capital of India is one of the hottest destinations for investors. One of the main reasons why Delhi is an investors priority is due to its good connectivity with most of the cities in India other than the best connecting city to all international airports. The property prices in Delhi in the recent times have been quite exorbitant.

Due to all these reasons, the prices of property in Delhi increased exponentially. But with the slowdown, one can see the rates for both the commercial and residential properties coming down.

Delhis Khan Market has also been in the news recently for being one of the costliest retail locales in the world.

Till some time back, in the residential market segment, Delhi has been known to have made the most exorbitant transactions as properties have been sold for millions. This trend which was earlier common in the posh localities of South Delhi is now moving towards earlier less significant places like Dwarka. These days, the rental values of residential properties like the apartments and independent houses are quite high.

Property rates in Delhi:

Apartment rates in Delhi:-
Central Delhi  Rs 7, 500 to Rs 28, 000 per sq ft
East Delhi  Rs 3, 000 to Rs 6, 000 per sq ft
West Delhi  Rs 4, 000 to Rs 10, 000 per sq ft
North Delhi  Rs 5, 000 to Rs 8, 000 per sq ft
South Delhi  Rs 3, 500 to Rs 12, 500 per sq ft

Builder flats rate in Delhi:
Central Delhi  Rs 2, 700 to 18, 000 per sq ft
East Delhi  Rs 4, 000 to Rs 10, 000 per sq ft
West Delhi  Rs 5, 800 to Rs 13, 000 per sq ft
North Delhi  Rs 5, 000 to Rs 14, 000 per sq ft
South Delhi  Rs 4, 000 to Rs 28, 000 per sq ft

Plot rates in Delhi:

Central Delhi  Rs 80, 000 to Rs 5, 00, 000 per sq ft
East Delhi  Rs 25, 000 to Rs 1, 00, 000 per sq ft
West Delhi  Rs 1, 00, 000 to Rs 2, 00, 000 per sq ft
North Delhi  Rs 70, 000 to Rs 2, 50, 000 per sq ft
South Delhi  Rs 75, 000 to Rs 4, 00, 000 per sq ft

Rental Values in Delhi:

Apartment rental values (2 Bedroom  Hall  Kitchen) of Delhi:-
Central Delhi  Rs 8, 000 to Rs 50, 000 per month
East Delhi  Rs 5, 500 to Rs 13, 000 per month
West Delhi  Rs 3, 000 to Rs 10, 000 per month
North Delhi  Rs 5, 000 to Rs 15, 000 per month
South Delhi  Rs 15, 000 to Rs 35, 000 per month

Builder flat rental values in Delhi:-
Central Delhi  Rs 10, 000 to Rs 60, 000 per month
East Delhi  Rs 4, 000 to Rs 40, 000 per month
West Delhi  Rs 10, 000 to Rs 20, 000 per month
North Delhi  Rs 6, 000 to Rs 30, 000 per month
South Delhi  Rs 8, 000 to Rs 1, 50, 000 per month

These are the latest rates and rental values of highly potential realty market of Delhi. Being the national capital, the city boasts of a lucrative real estate market. The city has a lot to offer both to sellers and buyers.

Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Registration Cost Of Properties To Increase In Andhra Pradesh

The Andhra Pradesh government in a bid to offset the revenue loss due to the real estate slump last year, ordered a fresh assessment of market value of all types of properties and effect the increase immediately.

The Andhra Pradesh government while issuing the orders for a upward revision of the market value of land and other forms of property in the urban as well as rural areas of the State wherever necessary, said, the exercise is being done to keep registration values inline with the property prices prevailing in various parts of the state.

According to the official sources, registration charges will go up once the revised market value of land becomes effective from the 15th April 2010.

Keeping with government orders, the Stamps & Registration Department officials have started a Statewide exercise to assess the actual (real) values of the lands and properties in consultation with their counterparts in the Revenue Department and tabulate them location-wise after upward valuation. The revised market values will be displayed at the sub-registrar offices all over the State, by 15th April 2010.

Revision is applicable to Apartments too

According to the registration department sources, the assessment is being made in case of flats and apartments too in urban areas, especially in Visakhapatnam, Vijayawada, Tirupati, Guntur, Warangal, Rajahmundry, Kakinada, Kurnool, Khammam,Nellore, Ongole etc where the value of land and property has gone up steeply. However,in contrast, the property prices in Hyderabad and its suburbs remained subdued or crashed by 15 to 20%.

Once the enhanced market values are displayed at subregistrar offices in the state, people purchasing the lands and properties will have to pay more towards registration charges.

Although the rates or percentages at which stamp duty, transfer duty and registration fee are collected remain unchanged, the “registration charges” go up as these will be collected on the enhanced market values.

Long overdue

Government sources said the they planned to effect an upward revision of the market values in all the urban and rural areas from April 1 for registration purpose as such hike was due from August 1 last. Under the new policy, the market values will have to be raised annually for both rural and urban areas.
It, however, deferred the decision, fearing possible public outcry and in view of the slump in the real estate market due to global slowdown.
The figures released for the year ending 31st March 2010, the Stamps & Registration Department incurred a 23% shortfall in revenue accruals. While increasing the target for the new financial year by almost 10%, the government has set a whopping Rs. 3500 crore as the new benchmark.
It is no secret that government found an indirect way to fill its coffers by increasing the property values without touching the figures of stamp duty, transfer duty and registration charges.
This move, is certainly going to create ruckus in the real estate sector in the state which is slowly but steadily recovering from the economic and political jolts.
After all, the state is now under the rule of a man who is known to be the master at playing tactics vis–vis financial management.

How To Avoid The Risk Of Operating In The Commercial Real Estate Development

The so-called commercial real estate (Business Real Estate), real estate products for commercial purposes in accordance with the end use of the real estate category, this type of real estate product development purposes that is not used for living or another, but for commercial use. A wide range of commercial real estate, including shopping malls (shopping centres, etc.), the professional market, entertainment, recreational places and all kinds of consumer sites, commercial property development and management. In comparison with the residential development, commercial real estate development project may have a higher return on investment and appreciation potential, but may also be lurking at greater risk. Pursue large-scale development, investment, return on commercial real estate development model, is the amplification of risk.

Commercial real estate development and general real estate development the biggest difference lies in the commercial real estate need to be considered a commercial operation. The healthy development of the commercial real estate market, you need a rational choice for investors, but also requires the development of rational development and commercial agent, commercial management companies mature operation to ensure By the large number of cases in the domestic commercial real estate development, we find that most development projects fail for the lack of commercial operation or prematurely. The risk of a variety of commercial real estate development, the most difficult to deal with the most prominent is the risk of commercial operation. However, commercial and real estate often or “mismatch”, commercial real estate developers do not understand the commercial phenomenon of widespread commercial real estate investment project risk is great in this situation. Should co-ordinate the management of seeking to eliminate hidden dangers and ways to defuse the risk of commercial real estate. Commercial real estate development, we must guard against the risk of commercial operation can consider the following countermeasures strategy.

Commercial real estate development, the pursuit of present value, but the appreciation of the future, it is at this point to make it different from the usual sense of the real estate development. Commercial real estate development operation in accordance with the investment rely on the commercial operations to the value-added concept, not only prior to orientation, planning, positioning several stages in order to break ground, but also after the completion of construction works through a series of commercial operation of the real estate to obtain appreciation . Completion of the construction project is the new phase of commercial real estate development, not the end, makes the real estate business development and operation through the late to get appreciation, and further expand the scale of the development of the surrounding residential and other building facilities, developers and investors bring greater benefits. Real estate development, the lack of commercial development, or real estate development and commercial development and do not take the sector, this fault type of commercial real estate development is not only difficult to make real estate to get appreciation. The same time, because without the support of the commercial development of real estate development itself, it is difficult to be successful. Once developed, suffered losses, not just developers, investors and operators, and even spread to the financial institutions, and the formation of a difficult to solve the debt chain.