Real Estate

Chennai Real Estate Market Boom And Investing Advantages

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There are been a fast growth in the real estate in India, that has uplifted many part of the country such as Bengaluru, Cochin, Hyderabad, and Chennai. The value of the properties in these areas has touched a far unimaginable price. Out of all these cities, Chennai is the one not to be missed.

In Chennai, every real estate sector such as residential, retail, and commercial has a huge demand. In residential sector, both individual houses as well as apartments are preferred. And in commercial sector, SEZ’s are on the rise. And due to this factor, it is emerging fast in laying a strong real estate market, in the whole country and facing an upward trend.

The prices of Chennai Real estate varies depending on the factors like building construction type, location, amenities, accessibility, and so on.

Reasons for Phenomenal Growth:

With this uptrend scale, everyone might be left wondering why the Chennai property is worth. Listed below are some of the few reasons.

1.The city is properly connected to the other countries and satellite cities

2.The city has some of the credible educational institutions in its kitty

3.The city offers a world class healthcare and other medical services and facilities

4.The city has some high-tech communication channels equipped well, for e.g. High speed internet

5.Growth of SEZ’s, IT, and ITES

6.High level income from the IT and ITES division

7.Non residing Indians, who turn back to Chennai for an enhanced opportunities both personally and
professionally

8.The home loan options which are flexible

During the recession period, there was a small downfall in the Chennai’s real estate market. With the situation getting better, the demand has risen again. The expensive areas for getting residential apartments in Chennai are Mylapore, Adayar, RA Puram, Besant Nagar, Annamalaipuram, and Egmore. These are considerably closer to the city area. Apart from this, the other farther from city places such as Perungalathur, vanderloo, and Shozinganalur are also growing rapidly. GST road and OMR road is coming with a lot of residential projects with lots amenities.

In Parallel the commercial real estate market is showing an equal growth. A lot of new projects are under construction, due to the space demand created by the IT companies. The evergreen place preferences for the commercial properties in Chennai are Cathedral Road, Lloyds Road, Nungambakkam, and Anna Salai. If you are a factory or a heavy duty factory owner then you will be ideally looking for places in Ambattur and Guindy. The IT sector has its offices mostly in Old Mahabalipuram, Tharamani, and Tambaram.

Chennai real estate marketers are looking out for every avenue to attract the companies. They segregate the companies in different levels and offer intricate designs and other amenity which is suits the specific sector.Those differences are:

.Grade A – Specifically for Multinational ITES and IT firms.

.Grade B and C – Specifically for domestic and local companies.

People, who invest in Chennai real estate market, can expect a great amount of return, as it has grown in 200 %.

Southern Utah Real Estate Market Conditions

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With just 60 days to go before the 2014 Real Estate market hits -Reset- and dives into 2015, the October St. George Utah real estate market conditions and statistics continue to look positive.

In drilling down on the current inventory, it’s hard not to notice the the greater St. George Utah area – primarily in the cities of Ivins, Santa Clara, Hurricane, Washington, St. George, Brookdale, and Pine Valley – currently has an inventory of 3,978 active real estate listings. Of those listing, only 196 are listed as condo/townhomes for sale; with 275 townhomes sold thus far this year on the Washington County Board of realtors MLS.

Active Vs. Sold Listings

The Southern Utah real estate market has no doubt survived some rather dramatic vacillation over the past 48 months. During the ordinarily quiet month of September, Realtors in St. George Utah sold 280 real estate listings via the MLS, representative of significant deterioration over 2013s 301 sold properties for the same month. Exploding onto the MLS during September 2014, a total of 2005 Active Listings were listed for sale in the hopes of finding a new owner, representing a significant jump from last year’s Active Listings of 1691 during the month September.

Cumulative Days On Market (CDOM)

With the 2015 holiday rapidly approaching, it’s beneficial for southern Utah’s would-be home sellers to understand that traditionally, while the holiday season is fun for the family- It ultimately means increased -Cumulative Days on Market.- Example: when comparing the average CDOM for a listing in September, a properly listed property lasted on the southern Utah MLS for roughly 78 days. Conversely, that same listing, with the same Realtor – and at the same list price could expect to spend an additional 20 days on the WCBR MLS if listed in during December – a not so welcome Christmas gift.

Southern Utah’s Popular Price Range

The bread-and-butter of the “Palm Springs” of Utah’s (i.e. St. George) real estate inventory, homes under $300,000 remains popular. As the remnants of St. George’s housing inventory gets picked over by the newest -snowbirds- in town, those with access to the WCBR MLS can easily tell that one of the more desirable list price ranges remains those properties under $300,000. When examining some of the available data sets for the past 30 days of MLS activity, we see those properties listed under $200,000 enjoyed a greater proportion of buyers competing for their property – perpetuating a long and healthy trend in southern Utah.

Generally speaking, St. George’s homebuyers feel most comfortable in this price range. For their $200K, today’s buyers are looking for that perfect home; comprising approximately 1800 sq. ft., with a flexible floor plan. Additionally, today’s buyers want a home that backs up to green space – think an open park-like space in many of the newer communities. Upon close review of the single-family residential sales for southern Utah, we see the housing sector standing firm and holding its own.

Currently, the southern Utah MLS absorption rate is increasing incrementally; the cumulative days on market for a properly priced single-family residential list have declined dramatically. Representing a 2.91% increase in the median priced home sold in greater St. George area, our median price sales jumped from $232,000 in 2013 to $249,000 in 2014 – not a bad increase. Learn More At: Southern Utah Real Estate Market Condition

Mumbai Continues to be the Leader in Real Estate Market

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Mumbai has always highlighted a positive trend in the realty segment. The article discusses about the latest realty trends in two locations, Borivali and Goregaon.

There was a time when the real-estate sector in almost all over India, but cities like New Delhi, Kolkata, Mumbai and Pune witnessed some remarkable growth in terms of residential units in the year 2012. The leading real estate consultants Cushman & Wakefield conducted a study across eight cities, viz. Delhi & NCR, Ahmedabad, Bangalore, Hyderabad, Chennai, Mumbai, Pune and Kolkata. The residential units constructed in these cities displayed a decreasing trend by approximately 16% (162,000 units) last year as compared to that in 2011. Mumbai emerged as an exception, which showed a growth of 72%(22,423 units), while Bangalore experienced a highest decline of around 50% (16,543 units). Capital value in Mumbai continued to rank higher as compared to the national average.

One of the premium localities in central Mumbai, Borivalidisplayed highest capital values across the city and emerged as one of the hottest residential property destination. Not only the residential real estate, the commercial real estate segment also saw some positive trends. According to the market experts, the prices of properties in these areas are no less than 8,000-14,000 per sq. ft.The rates totally depend on the location of the property as well as the specifications of the property. Because of the increased demand of the residential and commercial properties, the prices of properties have already gone up by 25-35%.

The central Mumbai location is experiencing huge demand for housing mostly from those buyers who belong to middle-income groups. Factors like cost-effectiveness, calm atmosphere and good connectivity with other parts of the city make property in Borivali East a lucrative option. In addition, the connectivity of the locality with Mumbai and Thane is an added benefit. Another location of Mumbai, Goregaon, has seen some growth in the demand for residential units, is slowly emerging as one of the ideal places in terms of commercial realty, and has invited a number of corporate giants to establishments their bases.

The locality is strategically located and its proximity to Bandra-Kurla Complex and eastern &western suburbs of Mumbai has madeGoregaonan ideal real estate destination. Goregaon hosts a number of renowned educational institutions, shopping complexes, shopping malls,health-care centers as well as eateries. All these things contribute in the great living experience in Goregaon. The gree localities around Goregaon make it the greenest of all other surrounding suburbs, which are densely population and the dwellers hardly experience any greenery.

According to the market experts, the flats and apartments of area 2,000-3,000 sq. ft. category are available in a price range of Rs. 12,000-18,000 per sq. ft. Though this is costly, but if we compare this price to the prime locality of Mumbai, which is South Mumbai, the apartments are priced at a whopping range of Rs. 30,000-50,000 per sq. ft. Now a day, the properties in South Mumbai are available at no less than Rs 8-9 crores. The boom in the prices has made the buyers reluctant from investing their hard-earned money in South Mumbai. In the coming years, the prices of residential as well as commercial properties of Mumbai will soar and most likely witness the next economic boom cycle, and will enable the builders to launch a few new projects and thereby lead to an obvious hike in the prices.

Author Bio: Rashmi Karan writes on the behalf of 99Acres.com, which is the leading real estate portal providing genuine and accurate information about the current real estate trends regarding purchase and sale of both residential and commercial properties across nation. Such as Property in Kandivali East, Property in Chembur, etc.

Turkish Jewelry And Turkish Real Estate Make Good Investments

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Buying Turkish jewelry or Turkish Real Estate is a wise investment. Turkey is noted for its naturally beautiful and historical landmarks. It is also famous for its gold deposits which outdistance the puny 19K in the U.S. or Canada; Turkish gold is 22K, 23K, and 24K. investing in either jewelry or Turkish real estate can double your investments.

Jewelry Industry

Turkey is fast becoming one of the worlds emerging leaders in the export of jewelry and precious metals, rivaling Italy. The country can produce 200 tons of silver and 400 tons of gold annually, but this capacity has not been fully exploited. The top producers of jewelry are in the Anatolia area, Ankara, and Izmir, but the center for jewelry production is found in Istanbul. The growth of the jewelry industry in Turkey has grown to employ some 250,000 people.

Turkish gold and silver jewelry are ornamented with precious and semi-precious stones. These are usually designed with Anatolian or Turkish influences, which make Turkish jewelry distinctive. Expect architectural and textile designs on bracelets, rings, and necklaces. But there are newer designs to cater to modern taste.

With a reputed jeweler, tourists can get the best gold jewelry with less the cost back home and a certificate will be provided for every purchase of jewelry to authenticate its value.

Turkey is also famous for its precious stonesblack amber and iridized opal. Black amber in the Turkish region and nearby areas dates back to 130 million years ago and is prized for the unusual color. Opal, another precious stone, is iridized to give it a shine.

A popular jewelry piece is the silver and gold gilded necklaces and bracelets highlighted with semi-precious stones in varying colors, earrings of black amber and opal set in gold, multi-colored opal bracelets, silver and gold double chokers and bracelets in lacy designs, handcrafted anklets, and Evil Eye bracelets.

Turkey’s Real Estate Industry

Purchase of real estate property is restricted to twenty-four countries; among these are U.S. and Canada. Other countries are mostly European countries and it takes one to two months before the title deed is given to the buyer.

There is an assortment of Turkish real estate properties on the market ranging from golf apartments or villas, hotels, vacation homes, apartments, and land. Prices vary according to upscale and provincial locations for 200,000 or 29,000. Buyers can choose any location and type of property in any part of Turkey.

Properties on sale can be viewed online but before a purchase is made, an ocular inspection is advised to ensure that the property is in good condition and the documents are in order. A reliable online broker can be trusted to handle the transaction. But when personally buying the property, a reservation has to be made. The customer’s passport will be submitted to the Land registry Office.

The papers of the property will be inspected by the Military Head Office to check if the property is not located in a military zone. Taxes and fees have to be paid to the tax office and the authorized bank. The payments are announced during the final transaction in the office of the land registry before the seller and buyer sign the land registry book.

Importance of real estate property photography

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The actual photography that is done on Property Development Company is called real property photography. The idea is greatly popular within European as well as western countries/ businesses. Because based on the real property photography the marketplace needs to be established! Property photography is performed in various ways such as with close-ups. The actual which will be marketed needs to be identified very first. The item is after that suited through professional digital photographer from various angles that the product is probably to be considered a sellable hotcake. Because the real property is govern through the products that are only proven in hypothetical method, the property needs to be marketed appropriately. Since, the actual estate is is determined by the forecasted outcomes, is included in the pictures part. Therefore, a photographer should be analyzer within nature! The photographer have to know what the merchandise will end up being after it’s completion associated with project. Therefore, the picture and real product ought to match. Real property photography is important that great photos could make along the way of house available.

Importance of property photography

Digital demonstration of property photographs may be the key in order to good seller within the property marketplace. In the current property industry, real property photography became the fundamental tool associated with property companies! Digital photos have become popular and may be readily available for sale. Digital pictures make property photography much more natural as well as practical. If you wish to search property photography for the property company, then you’ll find many online property photography expert websites on the internet. By simply surfing the web you may gather some property photography ideas and suggestions. For an expert realtor, it is actually must to consider well-composed as well as exposed property photographs. By attempting true ways of real property photography you are able to produce property photos with no need of purchasing expensive resources.

Good on the internet companies provide stunning property photography with regard to both interactive as well as print use in addition to three 100 sixty level Panoramic digital tour pictures, video manufacturing, multimedia delivering presentations and picture management. It’s an essential for you individuals great photo taking images with regard to marketing your situation. Blur pictures of actual estate’s will never be acceptable. To consider better images of the real estate’s you need to choose property photography. In the last few years you will find dramatic modifications happened along with introduction of camera has delivered to the Property photography business. With such most advanced technology, a property photography move images to some web page on the web, and flyers imprinted all inside minutes. These days, listings tend to be quickly open to other property firms as well as purchasers globally who get access to a pc.

Make sure that you include the best features of your residence. When a buyer is looking for a house, he/she wants to see more than just the exterior of the house. Why don’t you go an extra mile and photograph other areas of your house like the kitchen, living room, family room, dining room and even the bedroom. You may also consider using the exercise room and the home theater. This will go a long way in giving you a better appeal from the buyers of the property.

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