Author Archives: admin

Hyderabad, an investors choice in Indian Real Estates.

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Hyderabad is among the foremost choices for community who wish to invest in Indian Real Estate. Hyderabad is a place with a soaring economic growth, outstanding architecture, great infrastructure, and a flourishing Real Estate and construction industry.A lot of the property is at a standstill in the form of plans on paper but already the sale and purchase of these properties is a fine business. There are various properties that have  already been visited by many owners despite the fact that construction has not even started. People are making money from property in Hyderabad basically with just land and nothing on it.Real Estate has perhaps made more millionaires as compared to other industries in Hyderabad. Real Estate Investing also presents many rewards including cash flow, security, long-term wealth and a number of tax benefits.
Real Estate Investing is something that anyone can learn and prosper at despite of age, gender, religion, race, education or current profession. You can begin with nearly no start up costs, and work this business from your home full-time or part-time.
There are no licenses required to invest in Real Estate, in fact you may have previously done so by purchasing a home! Real estate presents a practically nonstop supply of properties. There are millions of properties in the market, and thousands more become available each day, all over the country and especially in Hyderabad.
As a Real Estate Investor at this time you have choices like never seen before. Some Real Estate Investors are talented enough to purchase properties of Hyderabad for less amount than what some current owners originally paid and many Real Estate Investors are purchasing more properties at this time. Also, Real Estate Investors are able to spend even less money on homes that need some type of reconstruction.
 

Forthcoming budget – too taxing? (Relax with some Humour)

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Do you feel too taxed with Forthcoming budget?
May be, But you can relax with some tax-free humour.
Q: What are you doing?
Ans.: Business.
Tax: PAY PROFESSIONAL TAX!
Q: What are you doing in Business?
Ans.: Selling the Goods.
Tax: PAY SALES TAX!!
Q.: From where are you getting Goods?
Ans.: From other States/Abroad
Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!
Q.: What are you getting by Selling Goods?
Ans.: Profit.
Tax: PAY INCOME TAX!
Q.: How do you distribute profit?
Ans: By way of dividends
Tax: Pay dividend distribution Tax
Q.: Where do you manufacture the Goods?
Ans.: Factory.
Tax: PAY EXCISE DUTY!
Q.: Do you have Office / Warehouse/ Factory?
Ans.: Yes
Tax: PAY MUNICIPAL & FIRE TAX!
Q.: Do you have Staff?
Ans.: Yes
Tax: PAY STAFF PROFESSIONAL TAX! Cool
Q.: Doing business in Millions?
Ans.: Yes
Tax: PAY TURNOVER TAX!
Ans: No
Tax: Then pay Minimum Alternate Tax
Q.: Are you taking out over 25,000 Cash from Bank?
Ans.: Yes, for Salary.
Tax: PAY CASH HANDLING TAX!
Q.: Where are you taking your client for Lunch & Dinner?
Ans.: Hotel
Tax: PAY FOOD & ENTERTAINMENT TAX!
Q.: Are you going Out of Station for Business?
Ans.: Yes
Tax: PAY FRINGE BENEFIT TAX!
Q.: Have you taken or given any Service/s?
Ans.: Yes
Tax: PAY SERVICE TAX!
Q.: How come you got such a Big Amount?
Ans.: Gift on birthday.
Tax: PAY GIFT TAX!
Q.: Do you have any Wealth?
Ans.: Yes
Tax: PAY WEALTH TAX!
Q.: To reduce Tension, for entertainment, where are you going?
Ans.: Cinema or Resort.
Tax: PAY ENTERTAINMENT TAX!
Q.: Have you purchased House?
Ans.: Yes
Tax: PAY STAMP DUTY & REGISTRATION FEE!
Q.: How you Travel?
Ans.: Bus
Tax: PAY SURCHARGE! Cool
Q.: Any Additional Tax?
Ans.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL Government’s TAX!!!
Q.: Delayed any time paying Any Tax?
Ans.: Yes
Tax: PAY INTEREST & PENALTY!

A common man: Can you let me die in peace now?
Ans: Yes. Just wait. We are about to launch the funeral tax!!!

Avoid Getting Your Income Tax Return Invalidated.

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As per the orders of the Supreme Court, it is now compulsory to file income tax return using the new prescribed forms ITR-8. Those who had filed their returns for A.Y. 2007-2008 in the form no. 2D i.e. SARAL form or any other old forms on or after 14th may, 2007 can re-file their returns in new proscribed forms ITR 1 to ITR 8 on or before 29th Feb, 2008 without being penalized.

New form has many benefits, such as:

  •        There is no need of attachments. 
  •         It helps IT department in data management for hassle-free tomorrow for you.
  •         Proper authentication of your returns.

Form ITR 1 is applicable to individuals having income from salary or pension or family pension or interest.

Form ITR 2 is applicable to individuals and HUFs not having income from business or profession.

Form ITR 3 is applicable to individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship.

Form ITR 4 is applicable to individuals and HUFs having income from a proprietary business or profession.

Form ITR 5 is applicable to firms, AOPs and BOIs.

Form ITR 6 is applicable to companies other than companies claiming exemption under section 11.

Form ITR 7 is applicable to persons including companies required to furnish return under section 139(4A) or Section 139(4B) or section 139(4C) or Section 139 (4D).

Form ITR 8 is applicable to return for fringe benefits.

Form ITR V is applicable to where the data of the return of income/ fringe benefits in form ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, ITR 7 and ITR 8 transmitted electronically without digital signature.

Acknowledgement form is applicable for e-Returns and non e-Returns.

For further information, please visit www.incometaxindia.gov.in or www.tin-nsdl.com

TIPS FOR PLANING TO BUY OR SELL HOUSE.

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If you are making your mind for  purchasing or selling a property, just watch. Property buying and selling needs a great sense of judgment-making and a Watchful planning at the investment stage itself could really avoid trouble and many sleepless nights.
The tips below are not comprehensive; though they will serve you as a check list to plan your deal in advance.

Before you buy a home gather adequate information about the property to make a deal smoothly :

Study: Read existing materials, talk to associates and specialists, and mess around looking at different homes, schools, and neighborhoods.
Sketch a Diagram: Spotlight on the vital factors and arrange the entire process. You may even want to use a folder with sections on house hunting, home financing, service providers, etc.
The exact location: It’s always better to search for a location that preferably is in line with your income and choice. Get an idea about the connectivity of the area to the fundamental needs of life – hospital, entertainment, shopping etc and the people living in the area.
Make a high-quality pact: Evaluate the cost of the property you are interested in with similar property in that area. A broker can be very helpful in this view as he can give you with the list of few transactions that has taken place in recent past in that area, which will give you a fair idea. A veteran agent is always a ideal option as he would be able to judge the area that will fit in your budget.
Closing costs: The closing cost includes costs incurred on brokerage, registration, stamp duty, insurance, property taxes, and amenities charges and so on.
Legal aspects: Before buying property, it is advisable to sign up a solicitor to inspect the original title documents of the property being purchased. If the title is not clear, the number of complications arising in future may be numerous.

Before you sell a home :
Keep in mind your house is the one potential buyer want to come back to for a second look.

Maintenance: Even small faults in your house might look big in the vigilant eyes of the buyers. Cleaning the external and internal area, giving the rooms a vivid look, creating speciousness and illuminating the house can make a huge difference in the prospective buyer’s mind.
Spreading the News:You can advertise in newspapers or on websites to sell your property. However, handling your own sale means you will be responsible for placing ads, answering phones and showing your home to visitors.
Real estate agents: The commission rate charged by an agent may differ, depending on where you reside or what agency you choose.
However there are some benefits of going through professional real estate agents. They will help you with:
• Establish a reasonable asking price for your home.
• Promote your home to other agents.
• Register your property in several listing services giving maximum spotligh.
• Schedule appointments to show your home to prospective buyers.
• Refer you to sources for insurance, inspections, legal counsel and financing.
• Help you negotiate with the buyer.
Setting a Fair Price:Some of the factors to consider in pricing your home are:
• Locality.
• Financial situations.
• Supply and demand in the local housing market.
• Extra features in your house, etc.
Qualifying a Buyer:
A number of factors will help determine the right buyer for your property:
• The buyer’s current earnings and service.
• The length of time the buyer needs before closing deals.
• How interested the buyer seems to be in your home w.r.t others.
 
 

TIPS FOR PLANING TO BUY OR SELL HOUSE

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If you are making your mind for  purchasing or selling a property, just watch. Property buying and selling needs a great sense of judgment-making and a Watchful planning at the investment stage itself could really avoid trouble and many sleepless nights.
The tips below are not comprehensive; though they will serve you as a check list to plan your deal in advance.

Before you buy a home gather adequate information about the property to make a deal smoothly :
Study: Read existing materials, talk to associates and specialists, and mess around looking at different homes, schools, and neighborhoods.
Sketch a Diagram: Spotlight on the vital factors and arrange the entire process. You may even want to use a folder with sections on house hunting, home financing, service providers, etc.
The exact location: It’s always better to search for a location that preferably is in line with your income and choice. Get an idea about the connectivity of the area to the fundamental needs of life – hospital, entertainment, shopping etc and the people living in the area.
Make a high-quality pact: Evaluate the cost of the property you are interested in with similar property in that area. A broker can be very helpful in this view as he can give you with the list of few transactions that has taken place in recent past in that area, which will give you a fair idea. A veteran agent is always a ideal option as he would be able to judge the area that will fit in your budget.
Closing costs: The closing cost includes costs incurred on brokerage, registration, stamp duty, insurance, property taxes, and amenities charges and so on.
Legal aspects: Before buying property, it is advisable to sign up a solicitor to inspect the original title documents of the property being purchased. If the title is not clear, the number of complications arising in future may be numerous.

Before you sell a home :
Keep in mind your house is the one potential buyer want to come back to for a second look.

Maintenance: Even small faults in your house might look big in the vigilant eyes of the buyers. Cleaning the external and internal area, giving the rooms a vivid look, creating speciousness and illuminating the house can make a huge difference in the prospective buyer’s mind.
Spreading the News:You can advertise in newspapers or on websites to sell your property. However, handling your own sale means you will be responsible for placing ads, answering phones and showing your home to visitors.
Real estate agents: The commission rate charged by an agent may differ, depending on where you reside or what agency you choose.
However there are some benefits of going through professional real estate agents. They will help you with:
• Establish a reasonable asking price for your home.
• Promote your home to other agents.
• Register your property in several listing services giving maximum spotligh.
• Schedule appointments to show your home to prospective buyers.
• Refer you to sources for insurance, inspections, legal counsel and financing.
• Help you negotiate with the buyer.
Setting a Fair Price:Some of the factors to consider in pricing your home are:
• Locality.
• Financial situations.
• Supply and demand in the local housing market.
• Extra features in your house, etc.
Qualifying a Buyer:
A number of factors will help determine the right buyer for your property:
• The buyer’s current earnings and service.
• The length of time the buyer needs before closing deals.
• How interested the buyer seems to be in your home w.r.t others.
 
 

RBI’s judgment has spooked real estate cos

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MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a cut, especially in the background of slowing home sales in most important cities in the past few months.

”High interest rates are a serious concern as far as property market is concerned. There was some hope that the rates would be lowered today. However, the impact will depend upon the section and the demand-supply scenario there. The effect on Mumbai where the supply is limited will be minor,” Godrej Properties managing director Milind Korde said.

Buyer fighting and a sequence of interest rates hikes previous year put the brakes on home sales last year. Middle-class family put off purchases after considering prices break all records in most important metros. ET’s report, on Tuesday, cited RBI data to illustrate that home loan sales fell 39% in April-November 2007 while loans to developers eased by a fourth to Rs 12,563 cr.

Real estate shares fell after the policy. Lower rates help the real estate industry by spurring consumers into buying houses. Realty stocks like DLF, Puravankara Projects, Indiabulls Real Estate fell slightly at about 1%. The hardest hit were companies such as Unitech, HDIL and Omaxe whose shares fell down 5.59%, 5.47% and 2.12% respectively. Sobha Developers on the other side, closed at Rs 772.75, up 2.02% from the previous close.

“We were expecting at least a 25 basis point rate cut on Tuesday so that the feeling of possible home buyers turn positive, which in turn will help the developers to sell more residential units. The home sales are currently down now, but it doesn’t indicate that the developers will slash the prices,” said Director, Runwal group, Sandeep Runwal.

Jones Lang Lasalle Meghraj, chairman & country head, Anuj Puri said as the rate remain sluggish, high levels in interest rates will carry on and the impact will be felt mostly in the residential sector. This may also compel developers in some regions to sell their products at lower rates.

“Because of the subprime disaster in the US, US Fed (the Federal Open Market Committee) reduced the interest rates by 75 basis points. This naturally has created a wide gap between US and Indian interest rates, leading to arbitrage chances in the economy. US investors not only get the currency approval returns, but also higher interest income,” he said.

PAN Card And Its Benefit

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Permanent Account Number (PAN) card has been made essential for every transaction with the Income Tax department.   Now a days PAN card is mandatory for opening a bank account, for transaction of immovable properties, for foreign travel, for dealing in securities and for so many things. A PAN card also works as identification proof.

 
PAN card is used for identification. Some cases have come into light where a person avails more than one PAN card. In such cases, person should retain any one of them and should surrender the other through a letter addressed to jurisdictional assessing officer. It is illegal to have more than one PAN card and the penalty for this is Rs 10000. If a person has used different PAN for different purpose by mistake then he must surrender the additional card immediately and also he must have to inform the institution, where he has used that card, about the correct PAN.
 
Availing PAN does not mean that person have to file return. A person may avail PAN card even if he is not income tax payee. Return is to be filed only if the person has taxable income.

How to buy property on PropertyWala.com

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The users looking for buying or taking on Rent/Lease any Commercial or Residential properties from owners, Builders/Developers or Dealers can utilize the services of propertyWala for getting them their desired choice of property at a reasonable price/rent.

Your requirement of property can be searched by using this facility to see the results of properties already posted by them. You will be able to see the property details to include layout/sketches, photographs, maps and videos (if posted by the seller) of the properties.
If your desired property is not available the requirement can be posted for reference of the users who may post their properties in future. Whenever any property matching your requirement is posted here, the information will be sent to you instantly through Email & SMS alert.
Please follow these simple and easy steps to search for property for buying/taking on rent through propertyWala.com :-
After you have decided on your requirement you can perform search activity by using Buy/Rent tabs in the Buyers section on the Left half of the home page.
You need to select:
The purpose Buy/Rent the property.
The Property Type you are looking for eg: Apartment, Hostel, Showroom and Shop etc.
The Location.
The Price Range to suit your budget.
The person Broker, Builders Owner or Any (This covers all choices) whose property you would like to purchase.

click on “search” and you will get the results posted as per your choice.

Analyse and Contact the seller/dealer of the Properties Matching Your Requirement
Search results will provide you all relevant information regarding the property. You can go through the details and contact the seller of the property of your choice.
Details of the Property
By clicking on the Title of the Property you can get all the details regarding the property like picture of the property, internal and external details of the properties etc. You can also get the contact details of the owner who posted the property.
Contacting the Owner of the Property
When you get the property of your choice, you can contact the owner of the property directly through the details provided on this site. If you wish to know more about the property you are interested in, you can send a message to the owner by typing your message in the message text box provided under Contact Owner on the Top Right corner of all the search result pages.

ADDITIONAL SEARCH OPTIONS

Advance SearchPropertywala.com facilitates to search property by providing more details (additional parameters for exact search) of the property you are looking for. If you want to make your search more specific then you need to perform search activity through Advance Search provided on the Top of the Buy/Rent section of the home page. The following parameters are available in advance search. All of these are not available in normal search. So click on Advance Search and a new page will open where you can mention: –
The Area (in sq meters only) for the property.
The City and Locality of your choice.
Your own Keywords to search the property.
The Listing time of the property i.e. the duration for which you want to advertise the property.
Your choice to find the only properties listed with photographs. Once you have filled your requirements just go ahead with search.

Browsing Directly without performing Search

Apart from searching your property through search on Buyers section you can also browse your properties directly through the tabs provided just below the buyers and sellers section(somewhere in the middle of the home page) for Residential and Commercial properties.

Residential Properties Search
If you are interested in buying residential properties, please click on Residential tab available on the middle of home page.

Browse Residential Properties through cities
If you need a property in a particular city, you can directly find your property from this section. Click on the city where you require the property. The properties available in that city will be shown in the search results. You can select properties matching your requirements and contact the owner of the property directly through Email & Telephone.

Browse Residential Projects
If you need to buy properties available in projects, you can browse through residential projects. You need to mention the city and property type. Respective properties will be displayed in the searched results.

Browse residential Properties through property type
You can also search properties through property type e.g.: Flat, Farmhouse, Service Apt.etc.You can search directly by clicking the property type.

Commercial Properties Search
If you are looking for commercial properties, please click on the Commercial tab.

Browse commercial Properties through cities
If you need a commercial property in a particular city, you can directly find your property from this section. You just need to click on the city of your choice and the properties available in that city will be shown in search results. You can further contact owner by Email or Telephone.

Browse commercial Properties through property type
You can also search properties through property type e.g.: Showroom, Cold Storage, Hotel, Office Space etc. Click on your choice and the search results will show the details of the available properties of the type in the State/Region. Browse commercial Projects
If you want to buy commercial property as a part of commercial projects, you can browse through commercial projects. You need to select the State/Region and property type, available searched results will be displayed.

Posting your Requirement
If your matching requirement is not found, you can post your requirement by entering the same in the Buy & Rent section. A click on the post your requirement tab in the section will save it as alert in your account. This feature will keep your requirement publicly alive and in future, whenever any matching property is posted buy a seller; you will instantly get an appropriate Email & SMS alert.

Taking on rent/renting out property on PropertyWala.com

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Rent activity is performed on propertywala.com in two ways:
Taking Property on Rent
If you are interested in taking a property on rent, please visit the Buyers section available on the Top Left half of the home page. While taking property on rent you only have to select the purpose as Rent. Rest of the procedure is same as it is followed for buying a property. 
For further process click on the following link:
http://www.propertywala.com/site/buy.html

Rent Out Your Property
If you want to rent out your property, please visit the Sell/Rent Out section available on the Top Right half of the home page. You only need to select the purpose as Rent Out before posting your property or requirement. Rest of the procedure is same as it is followed for selling the property. 
For further process click the following link:
http://www.propertywala.com/site/sell.html

The feature/Facilities available to the buyers/sellers are also available to the users interested in renting out/Taking on rent any commercial or residential property to the same extent and proportion .

How to sell property on PropertyWala.com

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INTRODUCTION
The process of posting/advertising properties on PropertyWala is so much simple that anyone with just basic knowledge of networking can himself post the properties of his own. Tips and help are provided at every stage during the process of listing. Users are advised to move mouse over to take help for knowing about the usage of each function.

The Owners, Builders and Dealers etc who want to sell or rent out their properties can post/list them on PropertyWala to search buyers/tenants and get them a reasonable price/Rent. The detailed description in text, videos, layout/sketches and photographs can be posted on the site. A satellite map of general area of your property will be generated and displayed by the site. You can easily identify and mark the exact location by dragging the marker to it or by double click on the exact location.
After you have posted your property, an alert will be sent to you by through Email & SMS instantly whenever any user searches for a property matching the details of your property.

The “SEARCH” option in this section can be used to find buyers who have posted their property requirements matching your property.

PROCEDURE FOR POSTING PROPERTIES/PROJECTS
Before you carry out the activity of posting, new users are advised to register themselves on this site by filling their existing Email-ID (for getting response to your advertisement from the interested party) and a new or existing password during the simple 2 minutes registration process.
On successful registration an Email will be instantly generated by this site giving you the details of your password along with your Email- Id. You are required to activate your account by clicking on the appropriate place on the E Mail. You can change your password any time through your profile section on the home page.
Please follow these simple steps to post your property
Before selling your property you need to post it in order to make it visible to the buyers. You can post your property using the Sell/ Rent Out section on the Right portion on the home page.
You need to select:
• The purpose whether you want to sell your property or Rent it Out.
• Property Type of your property eg: Apartment, Hostel, Showroom, Shop etc.
• Number of Bedrooms in your property (Optional).
• The Region in which your property exists.
• The City and Locality in which your property exists.

Click on “Post Property” option and you will find a new page with five tabs on the top of the page (Basic Information-Additional Information-Attachments-Map-Preview).

Each tab has a function to create your advertisement on propertWala.The basic information page opens when you click on post property. Use previous and next buttons down below to navigate as per your requirement.
Proceed as under:
•  Basic Information Fill the basic information about your property here:
The purpose Select if you want toSell or rent out.
The type: Select from drop down menu.
Area: Select units from drop down menu eg sq m, sq feet, sq yards, hectares or acres.
Price: Select from the range in drop down menu. If you want to be  more specific mention the same in the summary below.
Available from: Date from which the property is available for the deal.You have to select date month and year from the drop down menu or type it in dd/mm/yyyy format
Title/Tagline: This will appear on top of the advertisement.
Summary/Description Write the description and summary as you deem fit.
•   Additional Information
(The info is optional but we recommend that it should be filled to provide better description of your property. At the end of this page you can create check boxes for additional features specific to your property.The help is available to guide you).
For residential property you can provide further details of your property like  number of bedrooms, bathrooms, floors and all the additional features of your  property in the text box at the end.
For a residential or commercial landed property you can mention the
direction i.e. facing……and describe the additional features in the text box  at the end.
For a commercial property you can fill the details as per the self explanatory
format and describe the additional features in the text box at the end.
•  Attachments
You can upload up to 6 pictures/floor plans, a video and documents(such price list etc ) of your property. The details could be from data/source already available in your computer or from a website.
•  Map
When you go to this page you will see a map showing general area of your property location. You are required to simply move the marker or double click the exact location of your property. This location will be visible on the map and a satellite view in your ad.
•  Preview
You would surely like to know how your property advertisement will look on the web after being listed. For this, click preview (right most) tab. This will instantly display on your monitor screen as to how exactly how your advertisement will appear on the propertyWala. You can view the details your project as you posted and finally edit any of the information of your property.
MAKING YOUR PROPERTY LIVE ON THE SITE
If you are satisfied that all the details you have mentioned are correct, make it visible (advertise) to users by clicking “make it live” button on the left bottom of the last page. Your advertisement will appear soon under Latest properties section on the right side of the home page after Admin approval of propertyWala.
POSTING PROJECTS ON PROPERTYWALA
Builders and brokers can post projects along with the properties in that project. Please note that this facility is accessible only after you have logged on to the site using your ID and Password. The posting of projects involves all the above mentioned steps also.
You can post projects by clicking the link “Post Project” in your account section: button available on preview page of your property details. Please note that when you post your property, it is in Draft Mode and when you click on “make it live” your property will become live immediately after admin approval of PropertyWala.
Once your property becomes live it is visible to all users. Users interested in your property will directly contact you either through email or phone number available in your contact information.
Posting project on propertywala.com involves listing the following details of Your Project:-
•  Basic Info
This page requires the basic information about your project like project name, title, summary, description, location and Features of the project.
•  Pictures
You can describe your project better if you upload the picture and video of your project. You can upload up to 20 images and a video of your project.
•  Manage Properties
This page needs the information of the availability of the properties present in your project. You need to select the properties amongst the list of properties available on left side and add these properties in the list available on the right side.
Properties available in the project are posted by the normal process of posting the properties.
•  Preview
You would surely like to know how your project details/advertisement will look on the web after being listed. For this please go to preview tab (top right) and view your project details as you posted. You can edit any of the information of your project/property if you feel that any thing is missing or not in place.
•  Making Your Project/property Live or visible on the site
Once you are satisfied about all the details of your property/project you may wish to make it live so that it visible to the users on this site. Your project can be made live if it contains at least one live (Available for sale/rent) property. If at least one property available in your project is live, your whole project remains live and People interested in your project / properties can contact you directly through your contact information on this site.
Click here to post your property listing now!

How to choose a right location for your home

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People willing to purchase house have many dreams associated with their new house. They think over lot of factors while purchasing house. Choosing location for the house is also an important factor. Here are few points which can be used while choosing location of the house:

  • Family-friendly – If you are buying a place to rent to families, think carefully about locating it near family-friendly activities: a calm, warm, sandy beach, entertainment parks, lakes and recreation areas. Make sure there are family-friendly restaurants and services in the area.
  • Specialist activities – If you are buying a place to cater to sport enthusiasts, make sure you understand your market well before choosing the property. Below are some examples of specialist markets:
    • Golfers – want to be in proximity of an excellent golf course and comfortable amenities. Golf course locations are often good investments.
    • Windsurfers – want fantastic wind on their beach. They need access to good equipment. They won’t necessarily like the same beach that families prefer.

·        Accessibility– According to research done by the travel industry, if the            accommodation is located more than an    hour away from a major airport, then 25% of the prospective customers won’t travel there. If the accommodation is more than 1.5 hours away, 50% of the prospective customers won’t travel there. So, if you are planning to rent your property, remember to keep it close to an airport. Here are some points to keep in mind.

  • Flights – How far away is the airport? How many airlines fly there? How often?  What would be the impact on you if the budget airlines stopped serving the local airport? Does good service last year round, or only during the summer months?
  • Road/Ferry connections – Is this area within easy access of a motorway? How long would it take to drive here from different parts of the UK? Is it simple for UK drivers to navigate the local roads? What would be the impact of road works shutting down the closest access to the motorway?
  • Train Links – Are there direct trains from here to the UK? How often do the trains run? How long does it take? How much does it cost? Is the service consistent through the year? What would be the impact of trains not running?
  • Transport within the region – Is there a good local bus, tube or tram system? What is the best way for people to get around the area?
  • Car Hire Rental rates – Is there a good stock of rental cars? How much do they cost? Are there plenty of family cars available? Are there plenty of cars large enough to hold windsurfing/golfing/skiing equipment? Are there any restrictions on who can drive? What impact would it be if the car rental rates went up significantly, or the stock of cars available decreased?

Willing To Buy Land property?

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Now a days demand of real estate in India is touching sky. People are roaming throughout India in search of best property. Some people are so much motivated with the rising demand of property that they are purchasing properties for future purpose.

 

There a lot of people who want to buy land instead of buying home directly.  There may be two reasons behind this. Firstly, those who want to design their own house according to their desire they purchase land and build house according to their choice. Secondly, those who fear about unavailability of property in future they want to occupy now.

 

Buying a house may become troublesome for you. You can not get everything what you dreamed for. To fulfill your dream house you need to purchase land. Purchasing land would be of the desirable area. You can build house according to your own choice like number of rooms, size of room, facing of the house etc.

 

Land property doesn’t mean only building of home. Even commercial buildings can also be made. After converting the land property into commercial property you can sell it at profit.

 

Purchasing land at cheaper rate and selling it at higher rate is a good deal. Those who are purchasing land now can make money through leases for farming, hunting, fishing etc. After year or two, when crises for land occurs it can be sold at higher rate. Thus making profit over investment.

 

Land property can be beneficial and profitable both. You can purchase land in a fine location and can construct home or commercial property whenever you need. The building can be made available according to the trend and demand of people and then it can be sold.

 

There are lots of advantages of investing in land. Once invested in land property can be profitable forever. Investing in home or a commercial property is unidirectional profitable. But investing in land is multi-directional profitable because any kind of construction can be done on it depending upon the trend followed at the time of construction.