Jabong Mailer (CPA)
Showing posts with label real estate agents in jaipur. Show all posts
Showing posts with label real estate agents in jaipur. Show all posts

Thursday, 17 December 2015

Which of the many technology companies should you bet on as an investor? As the next big thing becomes outdated faster than you can swipe a smartphone, it’s not always easy to predict which specific company will have staying power.

But one thing we can probably agree on is that high-tech, including cloud computing, is a pretty solid bet, given that it undergirds pretty much everything we do these days — and it can even be an environmentally friendly move as well.

I recently wrote about how Big Data is changing finance. Now I’m here to tell you that Big Data isn’t just a way to come up with smarter investment strategies through, for instance, transparency and risk analysis, two of the issues I discussed previously. Big Data can also be an investment strategy itself.

Friday, 11 December 2015

Golf has a Donald Trump problem. This shouldn't be that difficult to explain given his integration in the sport and his recent comments to the media about various groups of people as he tries for the 2016 Republican presidential nomination.

These two things coincided this week when Trump's name was removed from a project he is working on in Dubai. Trump stated that all Muslims should be banned from coming to the United States. Here's Reuters on the backlash in Dubai from Trump's real estate partner.

A Dubai real estate firm building a $6 billion golf complex with Donald Trump on Thursday stripped the property of his name and image amid a backlash over the U.S. presidential candidate's proposal to ban all Muslims from entering the United States.

A spokesman for DAMAC Properties, Niall McLoughlin, declined to comment on why Trump's image had been removed from a billboard outside the project construction site, along with that of his daughter, Ivanka Trump.

FIU College of Business’ Hollo School of Real Estate ranked No. 1 in the United States and No. 2 globally for its faculty’s real estate research in a study that will be published in the Journal of Real Estate Literature this month.

The Real Estate Academic Leadership (REAL) rankings highlight the authors and institutions demonstrating achievement in intellectual contributions to the field of real estate over the last five years.

FIU outranked the University of Wisconsin-Madison, Massachusetts Institute of Technology and Cornell University. Internationally, the real estate program placed second to National University of Singapore.

“This ranking mirrors the pride we take in our rigorous, relevant, cutting-edge research,” said William G. Hardin III, director of the program. “In this way, FIU’s Hollo School helps practitioners throughout the world understand the market determinants of success and failure in real estate.”

The real estate program offers graduate, undergraduate, dual degree and online degree programs, including a Master of Science in International Real Estate (MSIRE).  Its unique combination of face-to-face classes and Internet-based live Classroom Capture Technology has led many international real estate leaders with extensive travel schedules to pursue the MSIRE degree. The College of Business program has five full-time faculty members and 93 enrolled students.

“The Hollo School is spearheading innovative research for noted economists and worldwide leaders of the real estate profession,” said Jose Aldrich, acting dean of the College of Business. “Congratulations to director Bill Hardin and this top-notch group of faculty scholars, who bring their expertise and passion for the field of real estate to our classrooms.”

The rankings are based on the number of publications in the top three peer-reviewed real estate journals – the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and Real Estate Economics – from 2011 to August 1, 2015.

In 2016, it won't come as a shock if people will be willing to walk away from the deposit they place on pre-selling apartments, Phil McCarroll of Your Investment Property reports.

Douglas Driscoll of Starr Partners real estate agency is predicting that an addition from the present concerns with this year's off the plan sales will be that buyers will begin to find their prospective purchases as overvalued.

"In 2015, we saw a lot of developments granted planning permission but I think heading into 2016 we will see them feel a bit of pain because some purchased their sites on such narrow margins.  As market levels fall away slightly, some developers might struggle to cover costs," Driscoll said.

"Towards the end of 2016 we might start to see some investors potentially walk away from their deposits because they perceive that they paid too much for it in 2015 and see that it's no longer worth the risk," he said.

According to Driscoll, this tendency is a "knee-jerk" action which he doesn't recommend, but Mark Mendel of iBuyNew off the plan consultancy firm would like to disagree with Driscoll's forecast saying that it is a little off target.

"I think we would only see that if prices in Sydney had a rapid fall. If you look at the history of Sydney property cycles we have a period of strong growth for three or four years and then a period of six or seven years where things slowdown a bit," Mendel said.

"I don't think people are at the point where they're ready to lose their deposits, I mean something like $70,000 or $80,000 is a lot of money. I think people will be more likely to take the rental return and wait until capital growth picks up again," he said.

For Mendel, the walking away is a nonissue, but he recognizes the possibility that some projects may never eventuate.

"I think we'll see a drop in the level of activity. A lot of the developers who bought sites on option aren't going to go through with it and they'll hand the land back.

"We'll see construction drop off, but the bigger boys in areas like Green Square will keep going though."

Smart buildings could be characterized as a venue for colliding cultures as real estate moves away from a tradition of proprietary systems and IT takes on a growing role in operations. A seminar at last week’s PM Expo in Toronto even presented that theme in an energy management vs. building automation context, albeit largely as a teaser for a discussion of the broader linkage of technologies to deliver high-performance buildings.

“I think we’re at a point where it is no longer a conversation about a building automation system or an energy management system or about water management. It’s a conversation about the environment,” observed Chris Piché, a principal with the engineering and green design firm, Integral Group, and one of the seminar presenters.

Elsewhere at PM Expo, real estate owners/managers and IT service providers likewise explored how smart technology and innovation are transforming buildings, as part of a panel discussion sponsored by the Building Owners and Managers Association (BOMA) of Greater Toronto. They pointed to the efficiencies and savings that can come with real-time monitoring and operational responses, which also support asset value and competitiveness in the marketplace through enhanced ability to attract and retain tenants.

“I suspect the evolution of technology in our buildings is going to come rather quickly,” mused the discussion moderator, Lachlan MacQuarrie, vice president, real estate management, with Oxford Properties Group. “My advice would be: you probably don’t have as much time as you think you have.”

Network infrastructure figures prominently in the first steps to get open systems converged on a platform for collection, integration and dispersal of data. From there, it becomes something of a discovery process for data applications — ranging from the obvious, such as energy-use monitoring and verification, to the perhaps more esoteric.

An anonymous short-seller called a company a 'Ponzi-like real-estate scheme' and the stock has crashed 65%

Read Full Story: An anonymous short-seller called a company a 'Ponzi-like real-estate scheme' and the stock has crashed 65%
No-one thought it would be anything other than just a temporary thing.

Christchurch's earthquake-damaged homes would be fixed or rebuilt, and things would return to normal.

But with insurers cashing out claims and repair work expensive, the real estate landscape has changed.

Many damaged homes are not just liveable but saleable, and are selling and re-selling. Insurance payouts are bankrolling windfalls for both buyers and sellers.

There is no public database and details of damage and quake claims are privately held. So authorities, valuers, insurers and real estate agents are having to adjust.

"This is going to be an on-going problem that Canterbury will have for years to come," says property valuer Natalie Edwards, who owns Urban Edge Valuations.

Many of the homes are being "legitimately and properly" repaired, she says. Buyers include builders, landlords, and homeowners excited by a cheap purchasing option.

But some people will plaster over the cracks, and those houses may catch later buyers unawares, Edwards says.

"The problems come about when someone doesn't know the history of the home — where there's no transparency of information.

"It will just get worse as time goes on. There are large parts of the city with homes that will never get repaired — they're not worth the money to repair." 

 She recommends buyers take nothing for granted and get an an engineering report, not just a building report.

"People can be very devious. If you can sell something for reasonable money and don't have to disclose information and that's to your advantage, then people will do it."

Red flags for valuers that a home may not be what it seems, Edwards says, are a discounted previous price, references to damage in previous advertising, or a lack of detailed paperwork or consents.

For David Behin, co-founder and CEO of CityFunders, proving real estate investment opportunities for accredited investors, his goal was to help bring real estate investing to the masses. Fast forward to now, and the pool of real estate investors has noticeably increased, with the passage of the JOBS Act, Title III. The new law contributes to CityFunders’ purpose: enabling the majority of people to invest in what was once only available to the elite.CityFunder

With a potential outpouring of money coming into the marketplace–Title III just received the SEC’s approval in October–David believes that regulation will beneficial for the industry. But Title III’s benefits are, of course, not limited to the real estate crowdfunding; Pensco Trust Company’s CEO believes Title III retail crowdfunding may benefit from IRA money retail crowdfunding may also benefit from IRA money. Steve Wallman last month shared his thoughts on Title III’s equity crowdfunding rules, informed by his background as a former SEC Commissioner.

Recently, Crowdfund Insider caught up with David about his thoughts on what the passage of Title III means for the future of real estate investing and crowdfunding.

Midori Yoshimura: Following the recent passage of Title III, how do you see regulation as benefiting the crowdfunding industry?

David Behin: The new regulations will vastly expand the number of eligible investors.

Midori: What do you see as the short-term and long-term effects of Title III?

David: I don’t expect much to happen in the short term, as these regulations won’t become actionable until mid-2016. Further down the line, I do expect increased regulatory involvement on the industry at large.

Midori: Given the expansion of eligible investors, how much of a bump might we expect to see in funding in the equity crowdfunding marketplace?

David: I think a significant bump will come, but it’s important to remember there will be a learning curve which will affect adoption. On the platform side, this consists of new processes and paperwork, as well as significant fees associated with opening portals up to non-accredited investors. Investors will have to research the different platforms and deals available to find what works best for them.

The recent Cabinet approval for the Real Estate (Regulation and Development) Bill has been hailed by developers and industry experts, saying the move would set the benchmarks in consumer rights protection. But the ‘good’ cannot go with imperfections in its smaller details. So it is pointed out that if speedy project approvals are not brought into its ambit, it could lead to project delays and even rise in costs. The Union Cabinet approved the Real Estate (Regulation and Development) Bill, 2015, and it will now be taken up for consideration by Parliament.

Industry reactions:

Shishir Baijal, CMD, Knight Frank India

It is a welcome move for the entire industry and the amendments are likely to lift overall sentiments. The amendments are in the right direction, but they should be implemented within the time frame and we should not lose the momentum now. With the Cabinet nod, the Bill is very much ready to become an Act, post which the onus will be with the States on how they adopt and implement it.

Anshuman Magazine, CMD, CBRE South Asia

The Bill will prove a game changer, protect the consumer and encourage every buyer. However the ease of doing business needs to be implemented in the real estate sector through a time-bound approval mechanism by the government/local/ urban bodies. The government bodies also need to be held accountable for ensuring reforms in laws and timely project approvals.

Farook Mahmood, President, FIABCI, World Council of Brokers, & CMD, Silverline Realty

It’s a positive step that would offer a fillip to the market. But having taken a closer look at the details, I would think it would need a little tweaking with respect to broker penalty. In the event of builder/promoter not adhering to rules, how can a penalty of nearly 10 per cent be slapped on the broker community? We hardly get 2 per cent in our dealings, where is the reason for such high penalisation for brokers?

Wednesday, 9 December 2015

Investcorp, a leading provider and manager of alternative investment products, has announced that its US-based real estate arm, through four separate transactions, has acquired a portfolio of office and industrial properties in the metropolitan areas of Atlanta, San Francisco and Boston for $400 million.

These acquisitions are consistent with Investcorp’s strategy to invest in well-occupied properties with healthy cash flows located in major US markets displaying strong economic fundamentals and employment growth, said the company in a statement.

The entire industrial portfolio and one of the three office properties are located in the greater Atlanta area, and should be set to benefit from its highly diversified and growing economy, it stated.

As the business capital of the Southeast, Atlanta boasts some of the highest job and population growth projections in the country. The remaining properties are located in the high-performing sub-markets of San Francisco and Boston, which benefit from strong technology, biotechnology, and healthcare driven office demand.

On the acquisition, Mohammed Al Shroogi, Investcorp’s co-chief executive, said: "Atlanta, San Francisco, and Boston are top business destinations with some of the most compelling job and rental growth stories of recent years. All of the properties in this portfolio are well-occupied with strong, stable cash flows and diversified tenant bases, and thus are well aligned with our investment strategy of working with local operating partners to add value to properties that already provide an attractive current yield."

Real Estate Agents in Varanasi Residential apartment in Varanasi Varanasi residential project

Friday, 4 December 2015

Climate change threatens the lives of millions as it causes the seas to boil and the skies to burn, but hey, everything's a business opportunity if you look hard enough. Higher Tides Realty is a dedicated climate change real estate agency that helps buyers ensure that their new homes won't be underwater in the future. By analyzing the terrain of areas behind coasts, it's possible to work out where the "new" coastline will emerge once the seas stop rising. Before you ask hey, wasn't that Lex Luthor's plan in Superman: The Movie? The answer is yes, yes it was. Despite this, when we asked Higher Tides' Jake Collins if this was a joke, he insisted that it wasn't.

Rather than attempt to save the planet (and its population) as it stands, some cynical minds are already planning for their post-apocalyptic lives. In 2013, the late futurist James Martin spoke about how climate change cities will become the most desirable places to buy homes just before the world ends. For example, a Canadian city high above sea level will become as sought-after as New York when everything else is under the sea. In Martin's apocalyptic view, these locations will have to be heavily fortified to prevent displaced people from lower-lying regions getting in. And yet, despite how horrific that sounds, Jake Collins still insists that his venture isn't a joke.


Navi Mumbai Association of Realtors (NMAR), Navi Mumbai unfolded the 1st NMAR Real Estate Conference-EMPOWER on the 27th November 2015 at CIDCO Convention Center Auditorium, Vashi, Navi Mumbai. It was inaugurated by Sanjay Bhatia, Chairman and M.D. CIDCO. It was a extensive one day conference with the theme ‘EMPOWER’ a platform for the Industry leaders from Real Estate and realtors.

The 1st NMAR Real Estate Conference-EMPOWER attracted delegates from all fields like Brokers, Builders, Developers, Architects, Legal Experts, Chartered Accountants and real Estate Consultants from not only Mumbai but all over India, the conference was a knowledge gaining event and a great Networking platform for more than 800 delegates .

The day began with CIDCO MD. Sanjay Bhatia’s Speech, giving briefing of CIDCO’s on future projects & shape of Navi Mumbai, he also informed about self funded CIDCO Navi Mumbai South Smart City of 7 towns, NMMC Commissioner Dinesh Waghmare’s presentation was for contribution & responsibility in upcoming smart city Navi Mumbai Challenge competition of Ministry Of Urban Development, Govt. Of India, New Delhi and other upcoming municipal projects in Navi Mumbai, there was a session on Taxation and another session Professional Approach in Business by Vinod Thakkar. It was a full day of Empowering Realtors through Fellowship, Networking & Education under one roof.

Monday, 30 November 2015

On Nov. 5, 2013, surrounded by a crowd of attorneys, court officials, and four would-be condo buyers, Donald Trump sat down in a conference room in his flagship Fifth Avenue building and began to tell his version of a real estate deal gone awry.

Trump had licensed his name to a luxury condominium project in Fort Lauderdale, Florida, but the building was never completed and those who had put down deposits, ranging from $85,000 to $500,000, wanted their money back. More than 100 of them would file suit, with the largest group — which swelled to 81 people as it neared trial — suing for $7.8 million. By the time Trump sat down for his deposition, the other defendants in the lawsuits, those who were the actual owners of the building, had settled for undisclosed terms. Trump, who hadn’t invested his own money in the project or overseen any of the construction, fought on. He was fighting for the Trump brand.

“I’m in a unique position,” Trump testified when asked about licensing his name to buildings he didn’t own or develop himself. “I built up a great name, and the name is something that people like, and it has been very successful.”

But the name alone was not enough in the case of the Trump International Hotel and Tower, Fort Lauderdale, a 24-story, 298-room beachfront property designed by architect Michael Graves, known for buildings like the Denver Public Library, as well as the line of consumer products he designed for retailers like Target and J.C. Penney. No one disputed that the project had ended in failure, with the luxury building never even completed. Plagued by delays in financing, construction, and budgeting, it was ultimately sold in a foreclosure auction for $115 million, far less than the $200 million it cost to build. Would-be buyers didn’t get their money back. Trump’s name, the primary reason many of them had put down deposits in the first place, was removed from the project.

Acquire Real Estate, a real estate crowd investing platform, recently partnered with full-service real estate investment company, Katz Properties, to provide an investment opportunity in Pompano Marketplace, a 238,800 SF fully occupied retail center located in Pompano Beach, Florida.

Acquire Real Estate LogoThe crowd investing project closed quickly, attracting more than 15 Accredited Investors from across the U.S. that contributed between $10,000 and over $125,000 in investments. Acquire Real Estate pre-funded a $369,000 investment in the property, a $52-million retail center fully occupied by Wal-Mart Neighborhood Market, Stein Mart, Beall’s Outlet Store and Ross Dress for Less. Acquire investors are projected to receive average annual returns of between 7 and 8 percent paid quarterly over a 5- to 10-year term. 

Steven Bettinger, CEO of Acquire Real Estate, stated:

“Acquire pursues stable, income-producing investment opportunities managed by top national Sponsors. In Pompano Marketplace we found exactly that, and were able to offer a smart long-term investment to our Members.”    
Pompano Marketplace 1Katz Properties purchased Pompano Marketplace in March of 2015 for $46.8 million. The company primarily focuses on the acquisition and operation of grocery-anchored shopping centers and currently has under management more than 3.2 million square feet of commercial property.

Pompano Marketplace is considered a popular community shopping center located along Florida’s South Federal Highway. Investors were drawn to the strong-performing center due to its mix of anchor, restaurant and shop tenants as well as its location in the highly developed South Florida market. Anchor tenant Wal-Mart, whose lease runs through 2026, achieves over $35 million in sales at the property each year, making Pompano Marketplace one of the strongest-performing shopping centers in the area.

The real estate market hasn’t seen a big revival this festive season, but interestingly there is growth in consumption of all kinds in other sectors. Could this be a sign for the real estate market as well?

Domestic car sales were up 21.8% in October. Two-wheeler sales were up 13.31% while sales of commercial vehicles also rose 12.73%, according to data from Society of Indian Automobile Manufacturers. Petrol sales have risen 14.77% since the start of the year. Diesel sales rose 20.2% in September and 16.3% in October.

That the festive season went well for retailers could be seen in the record amounts of cash that was withdrawn by consumers from the banking system during the festive period translating into strong sales of consumer products. According to RBI data, circulation of cash and currency in the system rose by Rs 66,070 crore in the first two weeks of November. That’s 2.5 times last Diwali.

People are starting to buy. They might not be buying homes just yet, but at least the buying process has started. The low to mid value products are seeing growth. And there is usually a lag between improvement in the economy and improvement in home sales.

Nov 30 Arcapita, the Bahrain-based investment management firm, has sold real estate assets it jointly held with Saudi Arabia's Al Rajhi Capital for 1.35 billion Saudi riyals ($359.81 million), the two companies said in a joint statement on Monday.

The ARC Real Estate Fund, which had a lifespan of five years, acquired seven assets in logistics, warehousing and retail in Saudi Arabia and the United Arab Emirates, they said in the statement.

The fund appointed an external consultant to advise on the sale in April. They did not say who they had sold the assets to.

Al Rajhi Capital is the investment banking arm of Saudi Arabian lender, Al Rajhi Bank. ($1 = 3.7520 riyals) (Reporting by Hadeel Al Sayegh, editing by Louise Heavens)

Friday, 27 November 2015

The government is gearing up to ensure the passage of the crucial real estate bill, which is aimed at curbing malpractices in the sector and bringing transparency through regulatory mechanism, in the forthcoming Winter session of Parliament.

The Housing and Urban Poverty Alleviation (HUPA) Ministry has accepted all the amendments proposed by the Rajya Sabha Select Committee in the Real Estate (Development and Regulation) Bill, 2013, and is readying to move the amended legislation for the cabinet's approval.

Friday, 30 January 2015

The demand for commercial and residential properties is increasing at a faster rate in Rajasthan. With the development and growth in real estate, it is easy to look out for homes that are well suited to the limit of the budget and the needs of the family. One can find a number of properties, including houses, apartments and even bungalows. Real estate developers also put their best efforts to make better construction projects.

Buy Residential Property In Jaipur
Jaipur tends to be the most favored places in terms of the real estate market. Even the builders and developers are taking keen interest in adding life to these areas by building elegant and luxurious spaces. Luxury apartments in the city of Jaipur are the best example of luxury and comfort of being full. This significant development in Jaipur real estate market has attracted many investors.

These apartments offer better use of space to meet the specific needs of each buyer. These apartments show how developers have created dream homes, although their constructive architectural design concepts. Jaipur apartments are known to provide customers a healthy and happy life. Being away from city life fast moving, these places offer a serene environment.

There are several 2 BHK, 3 and 4 BHK apartments available on the property near Jaipur tending to a single destination for all the luxuries of life. These floors offer many modern amenities like power 24 hours, strict surveillance, continuous water supply, ample parking, playground for children, a community center, a gym, park, pool, green, etc.. Real estate developers do not compromise on quality for profit. They ensure that construction material used is of high quality and tested safety guidelines presents.

These tend to be the best commercial office space in Jaipur, real estate investment for those who like to live your life happily and exciting. These spaces in Jaipur promise great investment options and high class.

The increase in the commercial sector, the growth of multinational companies and the number of professionals increasingly tend to be some of the most important reasons why the demand for residential options in all the cities in recent years. At the same time, rising wages, high living and luxury lifestyle are again some of the reasons that have generated demand for residential premises that offer the perfect combination of luxury living with modern equipment Jaipur. You make investments in Commercial Property for Sale in Jaipur and an apartment at Jaipur is considered investment wise decision, even as NRI investors.

A best deals house near Jaipur has now written their success stories. The competition has grown so much. This is why all real estate companies are busy launching prime projects to meet the demand of the buyers. This kind of fierce competition enabled end users to take advantage of the lucrative benefits. They offer countless opportunities to make a better choice.

Jaipur is becoming a favorite for both commercial and residential areas of the development sector. Real Estate Agents in Jaipur is spreading its wings steadily and is better to be the next destination after Delhi and Gurgaon. It is estimated that Jaipur will become a city in 2025 and each of us will witness. Several factors influence this decision.
Jabong Mailer (CPA)

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