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Branded Email In The Real Estate Industry
You’re in the real estate industry, and that means you’ve got a brand. Chances are, you’ve spent quite a bit of money to build that brand, whether it’s through franchising fees, marketing, websites, business cards, other print materials,...
Marketing Tips For Real Estate Agents
1. Add value to your message
The more value you build into your offer, the more likely prospects will be to respond to it. Give your prospects a reason to call you. Offer a buyer's or seller's information kit.
Know an interior decorator?...
Selling A Millionaire Home And Keeping It A Secret!
Selling a millionaire home is hugely different than selling any other type of real estate. Many owners quite rightly so do not want Luxury home window shoppers trampling over the marble floors of their luxury homes. Millionaire home owners by there...
The Miami Condo Market
The Miami condo market is very diverse and offers a large number of different solutions for those interested in purchasing or renting a condo. People from all over the world are attracted to the vibrant Miami area and its supreme climate for...
Why You Should Sell Your Property Privately
With 70% of potential home buyers looking online to find property and with estate agents charging up to 4% in sales commissions, more and more people are starting to consider selling their property privately.
In this article we’ll examine why you...
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Realty Check In Delhi/NCR
Real estate in India is booming, and how. You can see it in the billboards of new real estate projects being promoted by builders. You can see it in the upsurge of home loans being given by banks, both national and multi-national. You can see it in the smile of investors, who are seeing the price of their property shoot up in a matter of weeks.
This is the Real Estate revolution, the likes of which India has never seen before.
Capital values in residential and commercial real estate have more than doubled in some locations in the five metros over the past 2-3 years. In Delhi, the metro, malls and the Commonwealth Games are driving up land prices. So even though the work on NH8 is taking an inordinately long time, no one is complaining in Gurgaon. Ask the 4000 people who invested in Unitech Apartments over the past one year, or the scores who are queuing up at the banks for a home loan to fund their dream house!
Gurgaon and NOIDA have witnessed an unprecedented surge in real estate prices, and the spillover effect has been felt in Faridabad, Indirapuram and Vaishali in Ghaziabad. Demand in these places has grown, thanks to their proximity to well-established locations in the NCR. Even within Delhi, Mayur Vihar, IP Extension, Rohini are the next real estate boom towns. In Dwarka, where the Metro service to Connaught Place is expected to begin by the end of 2005, capital values have gone up by 50 per cent. Experts opine a 6-8 per cent appreciation in the inner city and about 10-12 per cent appreciation in the suburbs in the future.
Mumbai continues to be the most expensive residential real estate in the country, even though it has not shown the kind of upswing in prices that the Capital has. Property values have moved up by approximately 30 per cent in the past two years. Demand for places like Lower Parel and Byculla have gone up due to their proximity to south Mumbai and relatively low prices, with values surging 14-19 per cent last year. And the trends forecast a continued demand by end users in the real estate market.
Bangalore is still fighting the problems of a small city turning into a super metro but that’s not stopping the real estate boom down south. According
to Knight Frank India Research, the city has a huge untapped potential for bungalows and villas, and builders who have done just that are reaping the rewards in areas like Whitefield, Brookefield, Old Madras Road and Bellary Road. The trend here is not to invest in the traffic- congested town centre but to move towards townships that are likely to develop in the outskirts.
Investing in real estate in Kolkata would have been inviting disaster even 5 years ago. Well, no longer. With interest shown by IT companies like Wipro, IBM and Satyam and the Bengal Ambuja venture taking off, the city is suddenly showing a new lease of real-estate life. Places to look at are Rajarghat, EM bypass and Gariahat.
The commercial Property market has been fairly stable with the primary driver being IT/ITES which accounts for 70-80 per cent of all transactions. Retail real estate is still nascent. Although malls have mushroomed in all the metros, the business models needs to be looked at as the footfalls have been increasing but sales have been disappointing. Though the consumer is enjoying the mall culture, one can’t really ring the death knell on them as yet.
The question however plaguing every real estate industry participant is “when will the bubble burst?” The good news is not just yet.
Given the wild climb real estate prices have been on, it is inevitable that they will plateau.
Almost all property experts agree that it does not mean they will slide. Prices will climb, but the rise will be far more sedate in the future. The key to this will be interest rates. If inflation is kept under check, interest rates will stay stable. You can then expect a surge in demand for housing and in values of property.
So, if you have been longing for a dream house, stop dreaming and buy one now. Believe us, there’s only one way your investment can go, and it’s up.
About the Author: Mrs. Deepali Srivastav,Business Head,99acres.com
For buying, selling or renting Property in India log on to http://www.99acres.com
Source: www.isnare.com
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