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Final Walk-Through – The Value Of Your Contract
A walk-through is an important step in a real estate transaction. To get the most out of it, make sure you understand the terms of the purchase contract.
Check Things the Contract Specifies
When you signed the contact to purchase your new...
For Sale By Owner - How To Sell Your Home Yourself
'For sale by owner.' Four words that are becoming more and more common in the real estate market. But it selling your home yourself the right approach for you? And if so, how do you go about it?
Let's start with the first question. The "for sale...
Iowa Real Estate – Farmland, Corn And Family Living
Iowa is definitely a farming state and corn is the dominant crop. Fortunately, Iowa real estate won’t take a large bite out of your bank account.
Iowa
Iowa is known for predominantly being a farming state and some people might view this as a...
Modular Homes - Affordable Housing
With soaring real estate prices, many Americans are looking to alternative home options. Modular homes are one of the popular affordable housing options.
Modular Homes
Modular homes represent almost 8% of all new U.S. home sales, with nearly...
Real Estate Investing: Infomercial, Tax Sales And Mentoring Scams
Flipping through late-night infomercials recently, I saw two real estate get-rich quick schemes, and I couldn't help but wonder why people still fall for those old scams? Has anyone really talked a seller out of his home for no money down with owner...
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Real Estate - Blessing To The Economy
Real Estate is a real blessing to the economic growth of any country. It contributes about 30% to Indian GDP both directly and directly. The last five years has shown a great rise in the real estate business. Real Estate in places like Chandigarh, panchkula, mohali has shown a tremendous growth. Real estate has a direct linkage to various other industries like steel, wood, cement etc.The growth in real estate means a simultaneous growth in all these above mentioned sectors which leads to the complete growth of the community which extends to the country as a whole. Real estate also has indirect influence on the other very important sectors like travel and tourism, infrastructure, trade and heritage of that area. Today big companies like wipro, infosys, IBM etc are expanding their business round the globe and the favorite destination these days in India is chandiagrh, mohali, panchkula in north India.
According to the tenth five year plan, there is a gap of 30 million units between the demand and supply of housing which is quite a big gap and bridging this gap requires the investment of around 1,75,000 crore.There is huge dwelling requirement in urban as well as rural areas. It is estimated 19 million homes are required in urban areas in India. No doubt there is boom in
real estate but the supply is still not meeting the demand. Various reforms need to be done in real estate business like there is a huge need in changing the regulations relating to land, validation, property taxes, validation of stamp duty structure etc.The real estate industry needs to be made a little disciplined. The environment needs to be created to establish real estate a good investment option. Government is taking steps to reform the industry but still needs a lot to be done. Government has shown its remarkable contribution by reducing home loan to almost half in the past five years.
Real estate no doubt has professional people but the number is very low which needs to be increased to see significant growth in the industry. The real estate industry needs to be more transparent and organized which is improved in the past few years but it still needs little more. But this industry has a great potential and will grow many folds in the coming years.
About the Author: For any further information:http://www.propertyvertical.com
Source: www.isnare.com
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