Thursday, July 30, 2009

8 Great Reasons to Rent an Apartment in Ottawa

Considering renting an apartment in Ottawa? Here are eight great reasons why Canada’s capital city is an excellent place to live, work, and stay:

· Ottawa is a world-class city, ranking near the top of the list on several surveys conducted by Mercer Human Resource Consulting. For example, Ottawa is ranked:

4th in the world for Best Health and Sanitation;

18th in the world (and 3rd overall in North America) for Best Quality of Life;

The least expensive major North American city to live in.

In 2008, Ottawa was also named as the best place to live in Canada by the financial magazine, MoneySense.

· As Canada’s capital city, Ottawa is home to a variety of historical buildings and landmarks, including Parliament Hill and the famous Rideau Canal (now a UN World Heritage site). When you live in an Ottawa apartment rental, you also find dozens of fantastic national museums and galleries devoted to Canadian arts, nature, science, technology, aerospace, and much more – right in your own backyard! There’s always something to see in Ottawa, a city rich with tradition.

· Ottawa is home to numerous world-class national and international festivals and events throughout the year, including the Canadian Tulip Festival, Winterlude, Ottawa BluesFest, and Canada Day celebrations. These spectacular events create memories for a lifetime and attract visitors from all over the world – definitely a great way to spend a few hours (or a few days) in the capital!

· Of course, Ottawa isn’t all museums and festivals. As a national capital on the world stage, Ottawa also enjoys first-class fine dining, live entertainment, and vibrant nightlife – just one of the perks of renting an apartment here, especially an apartment in Downtown Ottawa.

· Due to its location right on the Ontario-Quebec border, as well its role as the nation’s capital, Ottawa is a very multicultural city. Not only are most city services offered in both English and French, but Ottawa also offers the chance to take in a host of different cultures, languages, and religions from around the globe, reflecting a truly diverse community.

· Ottawa is a great place to pursue academic studies. With six major colleges and universities in the National Capital Region, as well numerous technology institutes and professional schools, Ottawa is home to a highly integrated and flexible education system. Plus, the student apartments in Ottawa are all very affordable, comfortable, and convenient!

· While the “tech bubble” may have burst, Ottawa is still a hotbed of high-tech research and development. There are currently more than 1,800 advanced technology companies in the region (employing more than 76,000 people), and an amazing 90% of Canada’s telecommunications R&D is conducted in the Ottawa area. Simply put, Ottawa is one smart city!

· Ottawa is the perfect place to raise a family. With an abundance of parks and green space, a rich number of sports and educational programs, well as excellent public and private education options, Ottawa provides a clean, safe, and healthy environment in which to raise children. In addition, with all of the attractions mentioned above, renting an apartment in Ottawa allows your children to experience the world’s many cultures and histories through festivals, museums, and the arts.

These are just a handful of the many great reasons to rent an apartment in Ottawa. So, what are you waiting for? Come make an apartment in Canada’s capital city your home – www.paramountapts.com we’re waiting for you!

By Nina Seidl

Looking for an apartment for rent in Ottawa? Paramount Properties is Ottawa’s second largest residential property management company. With more than 4,500 Ottawa apartment rentals available in some of the city’s finest locations, we’re your #1 choice for an Ottawa apartment.

Article Source: http://www.articlesbase.com/moving-and-relocating-articles/8-great-reasons-to-rent-an-apartment-in-ottawa-642762.html

The Real Book of Real Estate: Real Experts. Real Stories. Real Life. (Paperback)

The Real Book of Real Estate: Real Experts. Real Stories. Real Life. (Paperback)
by Robert T. Kiyosaki

The Real Book of Real Estate is the one book, the Bible, of real estate advice and techniques every investor needs to navigate through the ups, the downs, and the in-betweens of the real estate market and come out on top.

The only thing better than one real estate expert helping you invest and win is twenty real estate experts with that same mission. For the first time ever, Robert Kiyosaki, bestselling author of Rich Dad, Poor Dad, has assembled in one big book a star studded cast of real estate wizards and trusted advisors with one purpose in mind: to share their knowledge to help you win in real estate.

This is the ultimate real estate desk reference you’ll come back to again and again. Whether you’re a seasoned investor or buying your first property, you will enhance your knowledge and grow your wisdom through this book. The book shows you how to value a property, handle leases, manage tenant relationships, get financing, even establish your own team of advisors, and so much more. You’ll hear from the insiders and learn from their wins and their losses. It’s decades’ worth of experience and knowledge you just can’t get anywhere else.

Living in Bangkok Condominiums

Living in Bangkok Condominiums

By: Wantanee Khamkongkaew


Located in central part of the country along the low flat plain of the Chao Phraya River, Bangkok is the largest as well as the capital city of Thailand. The cultural, educational, and political center of Thailand, Bangkok is one of the top tourist destinations in southeastern Asia, with a range of fabulous attractions such as Chitralada, Royal Grand Palace, Erawan Shrine, the temple of the Reclining Buddha, Wat Pho, the Bangkok National Museum, and the Bangkok University Art Gallery.

Apart from being a popular vacation spot, Bangkok is considered the backbone of the country's economy. For instance, the Stock Exchange of Thailand is located in Bangkok. Further, a large number of commercial banks and financial institutions have been headquartered in the city. Further, the cost of living in condominium is exceptionally low.

Above all, when compared to other Asian cities, Bangkok is a safe place to live in. Perhaps for these reasons, people prefer to live in Bangkok. Living in Bangkok is not only a great way for tourists to discover the great attractions of the place but also an excellent choice for those who want to settle here permanently, since it is strategically located center to almost all prominent Asian countries.

Like any other Asian cities, Bangkok provides a range of accommodation options to choose from, such as, budget villas and bungalows, single detached homes, and luxury apartments and flats coupled with a host of peerless amenities and facilities. Along these accommodation options, condominiums are also considered a great choice to live in Bangkok. But, this type of accommodation is quite different from other accommodation types.

A specialty of condominiums is that they possess dual nature, ie, a condo owner has full control over his unit. But, the owner is required to share the cost and expenses incurred for the common facilities of the property, like passageways and lobbies. In the case of condominiums, the owners are required to follow the rules and regulations formulated by condominium association. Nowadays, condominium units found here matches with the design and style of those units in some of the hi-fi Asian cities like Singapore and Hong Kong.

Depending upon the budget, lifestyle, tastes and requirements of the people, a multitude of condo units are now available in Bangkok. Some of the most popular forms of condominiums available in the city are apartment, townhouses, and single detached homes. No matter it is of any type, a condo unit in Bangkok mostly comes with comfortable bedrooms with adjustable beds, expansive living rooms, fully equipped kitchen with superb dining area, and sophisticated bath area with uninterrupted water supply.

In luxury type condominium units, facilities such as parking areas, fitness room coupled with gym facilities, laundry, Jacuzzi, separated male and female saunas, pools, and meeting rooms are included. Additionally, many of the condominium properties come attached with areas exclusively for children like kids pool and playground. Mostly, luxury condo units are located in such posh areas of the city as Sukhumvit, Sathora, and the Central Lumpini areas.

Living in a Bangkok condominium offers a host of benefits. One of the major advantages is that it is affordable. You can become a part of the unique community by living in a condominium in Bangkok. Low maintenance is another prime benefit of Bangkok condominiums. Advantages also include safety, as there are a lot of people around, there may not be chances for theft and robbery.

Above all, condominium life allows you to utilize a range of facilities such as pool, library, and elevators. Apart from these, condominiums are considered a long term investment. Understanding the importance as well as the benefits of Bangkok condominiums, many foreigners now invest in condo units. Further, a condominium is the only type of asset that can be legally owned by a foreigner in the country. Even a special law has been formulated for purchase of condominiums, known as the Condominium Act of Thailand (1999.)

With a myriad of real estate consultants, realtors and property builders in the scenario, buying or renting a condo unit in Bangkok is no longer a tedious process. In addition, since many of them have them have their own websites with details regarding the nature of the property, expected price or rent, amenities available and pictures of the condominium, buying or leasing a condo unit has now become quite convenient.


Article Source: http://www.articlesnatch.com/Article/Living-in-Bangkok-Condominiums/230374

About the Author:
Wantanee K. is an independent author evaluating and commenting on leading International Property Consultants in Thailand, especially CB Richard Ellis.

Relocating To Thailand? Tips On Choosing A Real Estate Agent

Relocating To Thailand? Tips On Choosing A Real Estate Agent. by Maddy Barber

Relocating to Bangkok, and about to begin your home search? The process can be a fun and exciting one if you first understand how the property rentals market works and what to consider when appointing your real estate agent. Let's start with the positive, that is - Bangkok is a renter's market. How so?

1) The agency commission is paid by the landlord. Aren't we off to a good start already?

2) There are hundreds of real estate agencies to choose from in Bangkok alone and the number is growing by the day.

3) Real estate agents offer their services for free, so you can engage as many agents as you want!

4) As an expat, you pay the same rental rates as a Thai national. In fact, majority of landlords prefer an expat tenant and go the extra mile (sometimes) to get you to sign on the dotted line.

Now that you know all that, here's what you wouldn't normally know unless you are an agent here in Bangkok!

In Thailand, anyone can be an agent! There isn't an association, with any authority at least, that overlooks the activities of agents in Thailand. Walk into a bar and tell someone, anyone that you are looking for an apartment, and chances are there'll be a "freelance agent" somewhere in the midst to help you out. I think that is fine as long as you are not asked to pay anything since landlords pay the commission here. However, you may be subjected to inferior choices since these are not professional who have established relations with apartment buildings and home owners. That said, I do occasionally hear of some lucky fellow who found a great deal through a friend's friend who happened to be a "part time agent.If you do not know already, anything is possible in the Land of Smiles!

Here's how I see it. A property agent's job is similar to that of a match maker's. He/She needs to match you to the "right" property, and preferably within 8 selected options. I don't know about you, but I do not believe in seeing every property available in order to make a decision. 6 - 8 well selected choices seen within a day or two, is much more gratifying than spending days stuck in the infamous Bangkok jams trying to hit the 25th property-viewed mark. Fact is, people don't usually have an array of favorites to choose from (since not all the best ones will be available at one time) and I don't think there is a "perfect" apartment or house when it comes to renting. You'd be lucky to have 2 top choices to choose from, but most of us usually settle for the place that feels most like home in a foreign country.

The other thing you should know before you line up a dozen agents for your showing is that all agencies have access to the same apartment buildings. Condo and house listings may vary from agency to agency but landlords often contact more than one agency to promote their property so nothing is exclusive to an agency here. Or should I say, rarely. Just surf around and you'll find similar properties listed on multiple agency websites. Thus, arrange your viewing with one agency at a time. That way, if you feel that your appointed agent does not understand your needs, switch agency but tell them what you have already seen with your previous agent. It is only fair that only one agent represents you for each property. Bangkok is a small town, and many agencies practice co-broking to provide as many choices for their clients as possible, so your name will get around, especially if you've been agency shopping.

Another thing I've encountered is that some companies have what they call a "preferred agent" which they strongly encourage their expatriate executives to use. More often than not, these are agencies with relations in the HR department who may understand what HR wants but not necessarily what you want! What you and I call "Western standard" can be a totally different concept to some of them, so be sure to explain your requirements and needs to your appointed agent as thoroughly as possible to avoid wasting your time. You have the right to choose whichever agency that best understands your needs. You'd usually find that agents not appointed by your company tend to try a lot harder than these "preferred agents" because they don't think you are obliged to use them. They work very hard to make sure you choose them over your company's preferred agent!

There are many real estate agencies that are run by foreigners catering to foreigners, whom most expats prefer to go to. It makes ALL the difference when your agent has a very good idea of your taste and preferences; and know exactly what you mean when you say "bright and spacious" versus an agent who just does not get it no matter how much time you spend explaining. Remember that you do have to bridge cultural gaps here which means different standards and expectations!"

All apartments and agencies have pretty standard contracts. Should you decide on an apartment, they will provide their own contract, whilst the agency will prepare the contract for private owners i.e. condos and houses. International companies often ask for the addition of a Diplomatic clause, and sometimes another to say that the deposit belongs to them, should they be the ones paying your security deposit. All of which may be added to the lease, and it's your agent that needs to sort this out between your company and the apartment/landlord. Be discerning of "advise" that pushes you towards using a particular agent because they supposedly comply with company policies. It's just a matter of working out what each party requires in the lease agreement, which I believe is the same all around the world and any experienced agent should be able to do that.

Thailand is a great place to live and Bangkok, in particular has many superb housing choices for expats that are reasonably priced compared to neighboring countries i.e. Singapore and Hong Kong. Choose an agent who takes the time to understand your needs and house hunting becomes a fun and exciting experience! You can always contact me via www.BangkokFinder.com should you have any questions and I'll do my best to answer them within a day.

About the Author

Maddy Barber assists hundreds of expats relocating to Bangkok every year, and her Bangkok finder website features hundreds of property listings that are updated daily. http://www.bangkokfinder.com

Article Source:http://www.goarticles.com/cgi-bin/showa.cgi?C=908673

Thursday, July 16, 2009

Lasalle Say UK Commerial Property is a Buy in 2009

The UK commercial property market has become best value in the world for investment, according to the annual strategy review by global property fund manager LaSalle Investment Management
.

LaSalle, believes that so-called “fair value” – prices offering good rates of return compared with long-term bond rates – has been reached.
2008 has been one of the worst years on record for the sector in the UK which has fallen first and hardest across global property markets, making it now one of the most attractive areas for investment, although further modest price falls, are expected. This view contrasts with RICS which has forecast a further 25% fall in commercial property in 2009.

It thinks 2009 and 2010 will be “great years for an offensive strategy because there will be many attractive deals for those with equity and the skills to identify good value”. Australia, Germany and Korea are also recommended.

In the UK they may be right if void rates do not rise above 10%. But if the UK government policy initiatives fail to arrest the deflation of the economy, and more occupiers collapse then all bets are off. Those investors who do come back to the market will have to be equity investors, because it does not look like the banks will be in a position to fund the market, and given that HSBC has completely ruled itself out, there is little incentive for others to provide capital.

About UK Business Property

Whilst there are more than 20 portals covering residential property in the UK the commercial property market remains relatively unserved, with no site having a majority share of the total available commercial property listed. The internet has taken a significantly greater share of all advertising spend each year as it continues to prove that it is the most effective medium for advertisers to reach their audience.

Traditional estate agency methods remain quite successful in reaching the local market around a property, but do not capture leads from the national and international markets at all well. With increasing mobility of populations and business in the global village, it makes sense to expose commercial properties as efficiently as possible to the whole market. In 2006 there were 6 million searches (based on figures from Yahoo Search) made on the internet in the UK for commercial property of all types. Many of these searches will be fruitless as major search engines do not expose many of the available properties at present.

UK Business Property aims to change this by offering commercial agents important incentives to bring all their properties to the whole market. By linking to UKBP agents will bring more traffic to their websites. For agents who do not yet have a fully featured search on their website UKBP offers it's advanced search functions free of charge, in an easy to implement solution. The advantage is that you keep your visitors on your site and build your brand in your local market, while receiving leads from a national and international audience.

UKBP is committed to supporting agents, with advantageous Agency Terms and a profitable opening offer to it's Founder Members, who Register and upload their properties before 28th February 2007.

By Ukbiz

Article Source: http://www.articlesbase.com/real-estate-articles/lasalle-say-uk-commerial-property-is-a-buy-in-2009-767034.html

More Commercial Property News & Resources

Real Estate Buying & Selling Guide in Singapore

Singapore is situated in southeastern Asia, between Malaysia and Indonesia. It has a total area of 692.7 sq km, including 10 sq km water area. The country has a coastline of 193 km and it is about 3.5 times the size of Washington, DC.

Singapore became a British trading colony in 1819 and eventually developed into one of the empire's most important trading centers. Singapore joined the Malaysian Federation in 1963 and remained part of the federation for two years. The country became independent on August 9, 1965. Now Singapore is one of the world's wealthiest countries with strong international trade. Singapore's seaport is one of the world's busiest ports in terms of volume handled. The country has a per capita income equal to that of the leading nations of the world.

Singapore has a population of 4,553,009, and a population growth rate of 1.275%, according to latest statistics available. The population consists of 76.8% Chinese, 13.9% Malaysians, 7.9% Indians and 1.4% others, according to 2000 census.

A number of commercial and industrial property services and agents are available in Singapore. Most of them offer comprehensive real estate property listings of office, factory, land, shop, warehouse, retail space, building, hotel, restaurant, coffee shop and food court available for sale or rent. If you are buying, selling or renting your commercial property, it is advisable that you hire the services of a reliable real estate agent. Owners very often list their real estate properties with these agents for sale, rent and lease. They help owners market their property with maximum exposure and commitment. You can also resort to online search.

If you are buying a private property or housing development board (HDB) unit in Singapore, ensure that you understand all the pitfalls before you sign the deal. That would help you avoid getting into legal or financial tangles during and after the transaction. Find an agent who is familiar with your preferred location and the nature of property you have in mind. It is highly recommended that you hire the services of an agent from a listed real estate agency. Also ensure that he is a member of the Institute of Estate Agents (IEA). Discuss your requirements with the agent and let him know your preferences in detail. This will help him take the right decisions and serve you in a professional manner.

It is also highly recommended that you ascertain that the seller is the actual owner of the property. You can also request for proof of ownership before signing the documents. Also, verify if the seller is legally eligible to sell the property. In the case of a mortgaged private property, the bank may not allow an owner who is unable to top up the shortfall on his bank loan to go through with the transaction.

Remember that HDB development units have several restrictions for resale. The government has fixed a minimum period of occupancy for the seller before he would be eligible to sell the unit. In the case of a flat bought directly from the housing development board or bought with a Central Provident Fund grant, the owner must have physically occupied the flat for at least five years before it can be sold.

The owner of a resale unit must have physically occupied it for a period of 30 months before he can sell it. Remember that real estate transaction is a legally binding contract. You must first ensure your eligibility to purchase a property. Foreigners have certain restrictions to buy Singapore properties. Only an experienced real estate agent can help you avoid legal complications.

Once you have finally decided on the location and size of the commercial property that you would buy, consider the amount of money you are able to invest. A number of software exists to help your agent accurately calculate the cost of buying a property. It is important that you provide your agent with accurate data regarding your financial position. That will help him chalk out a proper financial plan for you. If you are going for a bank loan, it is a good idea to talk to two or three banks and find out a financial plan that suits you most.

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.

Article Source: http://www.articlesbase.com/real-estate-articles/real-estate-buying-selling-guide-in-singapore-360738.html

Commercial Real Estate Investment in Korea

Korea, known as the 'land of morning calm,' is situated in a key location in East Asia. The mountainous Korean peninsula stretches about 500 miles south towards Japan. In recent years, the country has achieved tremendous economic growth. Modern Korea is a stable nation both politically and economically. A large number of foreigners are now attracted to invest in all sectors of the country's economy including the property market. This has strengthened the property market in the country.

Korea is one of the prime property investment destinations in Asia Pacific. Not only is the country's property market transparent, but the economy itself is very dynamic, offering much scope for growth and development.

The term 'commercial real estate' includes properties used for commercial, industrial, medical or educational purposes. Residential properties having more than four residential dwelling units also are considered commercial properties. Commercial properties include hotels, office buildings, shops, retail space, and warehouses.

Commercial property market provides massive investing opportunities. Investing in commercial properties means acquiring commercial properties such as mobile home parks, office buildings, retail properties, and even raw land. Commercial properties often carry a higher degree of risk. It turns out to be beneficial only, if you have a sound knowledge about this market.

The property market in Korea offers you much potential for growth, though the prices of real estate in the country are comparatively high. Korea's property market prices have seen a rapid rise throughout the country, especially in the Seoul metropolitan area.

In 2002, residential property prices increased a sharp 50% over the previous year and commercial property prices hiked up by about 10%. This upward trend in the property prices is expected to continue for some years. The prices are still higher in such prime locations as Seoul. But, investing in commercial properties in Seoul offers you huge benefits, owing to factors such as the landlord-friendly leasing system, market lucidity, and easy convertibility of capitals.

Seoul, the political and commercial capital of Korea, has a large concentration of all types of commercial properties. The two most prominent business districts of Seoul are Yoido and Kangnam. Yoido is home to a large number of financial institutions including the Korean Stock Exchange.

The demand for the country's commercial property is growing rapidly among global asset managers. Commercial property market in the country has matured to become more stable, and it is the least volatile in Asia with a steady vacancy rate at 4 percent. Asset managers forecast the Korean commercial property market will continue to expand for two to three years since the demand for office buildings and commercial space is strong, whereas supply is limited.

People invest in the country's commercial properties mostly in order to provide them for rent or lease. The country's commercial properties are regarded as one of the greatest assets. Commercial property market in Korea is an ideal choice for anyone who wishes to make the most of his money
.

Laws pertaining to real estate transactions in the country are quite liberal and simple. Unlike many Asian nations that impose restrictions on foreigners to invest in properties, Korea does not prescribe any specific restrictions for foreigners to buy or sell a property. Foreigners should, however, comply with the FLAA Act (the Foreigner's Land Acquisition Act).

During the past couple of years, the country's property market has been greatly influenced by speculative demand, owing to the large amount of available capital and low interest rates. As the earning rates of financial capital have fallen in recent years, Investors have come to look upon real estate as a possible option that may yield large returns as the earning rates of financial capital diminished in recent years.

The real estate fiscal systems in the country include asset-backed securities (ABS), mortgage-backed securities (MBS), and real estate investment systems (REITS). These real estate products can be classified into two categories, depending on their characteristics. The first involves securities based on asset liquidity and the other involves real estate mutual funds or real estate securities.

The country's real estate financing market will continue to expand in the coming years owing to the steady increase in demand. It is encouraged by government policies designed to promote the secondary mortgage market.

By Wantanee Khamkongkaew

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.


Article Source: http://www.articlesbase.com/real-estate-articles/commercial-real-estate-investment-in-korea-360894.html

Wednesday, July 8, 2009

Villa Insider's Bali Villa Rental Tips

Originally published in Villa-Insider

If you've never stayed in a villa in Bali, you might find it all a bit daunting the first time around. Don't be discouraged, a little basic information is all you need to book with confidence. This article provides a list of insider tips for renting villa accommodations in Bali.

Where are most rental villas in Bali?

The most popular areas are: Seminyak, Ubud, Canggu, Jimbaran and Uluwatu. Seminyak and Canggu are located on the coast, northwest of Kuta. Ubud is located inland, in the center of the island. Jimbaran is near the airport. Uluwatu is the far southern tip of the island.

Are villas in Bali staffed?

Generally speaking, yes. Unlike a lot of other destinations, the tradition in Bali is for fully serviced villas. Many properties have not only maids, but also cooks and a manager. The top end properties will have a chef, a dedicated villa manager, butlers and a often a driver.

Will I be charged tax and service fees?

It depends on the management company. Some properties are priced "all-in," others are "plus plus" -- like you would expect from a hotel property.

How will food and beverages be charged?

Historically, most Bali villas charged you only for your groceries. Staff would ask you what you want to eat, then they would collect money from you to do the shopping. They would bring back the groceries, a receipt, and your change (if any!). Things are changing and now it is not uncommon to see villas adding a service charge. Some of the top end properties are even offering a la carte menus, like a hotel.

Do I need to tip the staff?

You should. It is up to you, but it is recommended. The amount should reflect the quality of service, but remember that salaries in Bali are quite low. Tips - even modest ones - can be big incentives.

How can I find the best values in villa rental?

Book direct where possible as you can negotiate more with the manager / management company / owner. Agents are often restricted in what they can offer in the way of discounts. Also, watch for last minute specials. Some villas offer deep discounts for last minute bookings.

What's better: A stand-alone villa property or a villa hotel?

We like stand alone villas, due to the privacy and the exclusiveness. That said, villa hotels often offer more choice, a better range of accommodations and more dining options. If you don't mind the loss of privacy, then a villa hotel may be a good bet for you.

What's the difference between a villa hotel and a villa resort?

None. It's just a question of names.

View more in Villa-Insider

By mariza

Article Source: http://www.articlesbase.com/vacation-rentals-articles/villa-insiders-bali-villa-rental-tips-960741.html

Fort Bonifacio; Philippine Real Estate’s Next Prime Manila Property Investment Hub

Separated from the Philippines financial and business district as well as the most expensive strip of Philippine Real Estate, the prime location of Fort Bonifacio in Taguig, certainly has its own place under the sun. Unlike other properties in Manila, properties within Fort Bonifacio are the best alternative commercial spaces to the already congested and expensive Makati corporate neighborhood.

Fort Bonifacio is also an ideal option to the posh and exclusive subdivisions along the Makati Central Business District. With all the conveniences and comforts of most Manila Condominiums, Fort Bonifacio condo living offers a green community that most young professionals and businessmen appreciate and aspire for.

Fort Bonifacio compromises 25 square kilometers of land which was previously home to the Armed Forces of the Philippines. Due to its proximity to Makati CBD, its worth eventually became more as a property investment hub rather than a military base.

Today, Fort Bonifacio is home to several high rise projects that can compete with the luxurious Manila Condos, apartments for sale in Manila and Manila houses. Prestigious schools, restaurants, shopping centers, commercial and recreational centers can also be found at Fort Bonifacio. A well equipped hospital and several planned embassies will also be put up in the Fort.

Aside from being an ideal alternative from the expensive and exclusive residential and commercial Manila property investments, Fort Bonifacio also prides a 22 million gallon water containment facility built underground. It catches the drainage runoff which is effective during storms which ensures every resident and commercial owner that Fort Bonifacio is flood free.

Electrical wires and cables lines have also been built underground offering every Fort Bonifacio condo resident a magnificent view of the breathtaking and awe-inspiring skylines of the Fort and Makati as well as the Ortigas and entire metro skylines.

Because, Fort Bonifacio offers great open spaces, residents can always put on their running shoes to keep their body fit and healthy. Fitness centers and gyms are also nearby. At Fort Bonifacio, anyone can live in a healthier environment while keeping the Central Business District nearby for ease and convenience; nearly everything is possible in the Fort.

Fort Bonifacio condo and other properties in the Fort are handled and managed by Umbrella Online- the best Philippine Realty firm licensed to broker properties in Manila, Manila house for sale, apartments in Manila, Manila rentals, Manila lots as well as Real Estate Makati and Fort Bonifacio condos.

For inquiries and more informations about Fort Bonifacio properties available for sale or rent visit http://umbrellaonline.com/pages/.

Find more information about Fort Bonifacio condo visit us online at www.umbrellaonline.com.

Article Source: http://www.articlesbase.com/real-estate-articles/fort-bonifacio-philippine-real-estates-next-prime-manila-property-investment-hub-1022338.html

Tuesday, July 7, 2009

It's an arbitrage opportunity for Bangkok Property

Political crisis and economic turmoil in Thailand leads to a fall in the property prices. This makes real estate investment in Bangkok an attractive proposition. Our advice is to buy property counters at the moment and enjoy great returns over the next few years.

You may opt to buy property to draw a monthly paycheck. Rents are increasing up by as much as 15% year on year basis. Because relatively inexpensive housing, many multinational corporations have selected Bangkok as their overseas homes.

You may invest in Bangkok condos for vacation rental purpose. Each year, there are 15 million tourists around visit Bangkok. Vacation rental are popular among frequent travelers, families travelling to Bangkok and for those searching for a base before relocating to Bangkok for good.

Philippine Properties Investment Hotspots?

Investing in Philippines properties is the perfect way to capitalize on the demand for quality rented accommodation. Units that are now being sold for £33k are expected to be worth at least 46k in the next 2 years, or roughly around 60k in 4 years. Even after deducting the substantial taxes, calculations show that there will be sufficient profit margin to make this an excellent short-term investment which is ideal for a first-timer looking at an entry level investment.


In fact, as a testament to the growth potential of Philippine real estate market, the prices of these apartments are scheduled to go up by 17% this April 16th, so anyone fired up at the idea of investing in Philippines properties should act quickly. Growth is fueled by massive movements in its business and industry sectors, primarily in Manila, as major companies flock in to build cheap office towers, inhabited by a cheap work-force, working with manufacturing goods bought just as cheaply.


This movement consequently brings in retail chains in preparation for the increasing affluence of the population. Then, as big corporations tend to relocate the top-level management, the incoming executives tend to look for quality rented accommodation. The same is true as the affluence of local people increases in their new jobs. These are some of the factors that guarantee the market for real estate in the Philippines.


For people who are interested in buying Philippine Properties, online marketers provide listings that come from brokers in several parts of the country. But because it may be very difficulty to choose from all the available Philippines properties for sale, most marketers include a system to filter out the choices. In fact, a leading marketer has gone so far as to set up a buyer's wizard that helps customers narrow down the choices in terms of their budget, preferred location, and size. Once a selection has been made, the buyers submit the online form. The broker of the selected property will be contacted by the online marketer for a detailed discussion of the package.


Online Philippine marketers promote their sites and the Philippine properties that they sell through listings and brokerages using popular search engines. This makes their coverage wider and effectively increases the possibility of closing deals quickly.


With the online marketing trend in place, the Philippines can be expected to register more profits in the coming years.

By Deirdre Gonzales

Deirdre Gonzales is a business entrepreneur from Cebu City Philippines. She's now based in Florida and writes in her spare time for various websites including Atayala.com

Article Source: http://www.articlesbase.com/real-estate-articles/philippine-properties-investment-hotspots-836767.html

Buying a Home; Manila Condos, Apartments in Manila or Single Detached Manila Homes?

When deciding to buy a house in Manila, you need to determine which type of home suits your needs, requirements and lifestyle. You can choose property types from Manila Condominiums, Apartments in Manila to single detached Manila homes.

As a homebuyer it is important to know each property type and the different responsibilities attached to it. Aside from the pride of ownership -- which includes paying real estate taxes -- there are many differences between each of these home types - from the ownership to the running cost and maintenance.
To help you decide which Manila property to buy, here is an overview of what to expect if you buy a Manila Condominium, apartment in Manila or a single detached Manila Home;

Manila Condominiums

Manila condos became a popular type of homeownership since 1970. Today Manila Condominium developments incorporate green architecture. Transforming the usual cold steel and glass into soft, inviting and tranquil retreat to provide your family with a healthy environment with the convenience of in-city living.

An important thing to remember is that you only own the space inside the walls, ceiling and floor of the Manila condominium unit you live in.

Maintenance: This type of ownership offers lower running cost since the building's expenses are divided among all the condo owners. Naturally, you enjoy the building’s recreational facilities while paying only a fraction of the whole maintenance cost.

Apartments in Manila

Before there were condos, people owned apartment typed units which consists mainly of a large room where the living room, dining room and the kitchen is rolled into one.

Maintenance: Like Manila condos, your assessments cover the general maintenance of the property. But because the corporation pays real estate taxes on the property, your share of the taxes is included in your monthly assessment.

Single Detached Manila Homes

Single Detached Family Manila Homes are the most common type of homeownership in the Philippines which range from 300 sq. m. bungalow to a 6000 sq. feet sprawling mansion. This property type became a popular choice of homeownership because it sits on its own piece of land which allows you to modify or improve your living spaces as you wish.
Maintenance: As a homeowner, you are responsible for all of the expenses associated the ownership, the maintenance and the running costs which include real estate taxes, garbage removal, water and energy payments.

For more information of Manila Houses for sale, Manila Condominiums, Manila property for sale, homes for sale in Manila and other properties in Manila visit http://boracaybeachrealestate.com/manilarealestate/.

By Cesar Marlo M Rivera

A computer professional who works on the internet helping MRE increase its viewers through optimization and other internet educational topics online. For top class Manila homes visit us online at www.boracaybeachrealestate.com/manilarealestate.

How to Buy a Phuket Property at Bank or Land Auction

Most foreigners don’t know that many properties in Phuket can be bought either from a land auction or Phuket real estate auctions. Many auctions are taking place on the island every day and if you’re in the right place at the right time, you can buy one of these properties at a nice discount. You also can enjoy the savings of buying a property at auction in Phuket if you remember my few tips of the trade.

Buying a property like a house, bungalow, condominium or even an apartment in Phuket can be quite easy if you know these few things first. You will need to have a company set up in the case of a land transaction of any kind. It’s forbidden for foreigners to own land in the kingdom of Thailand. Foreigners are allowed however to buy a condominium in our own name if the condo title is a freehold title. If it’s not, you may be able to lease it for thirty years with a possible extension of another thirty years.

One of the most important things when buying a property at auction is to be able to do research on the title. The only way to do this is have a Thai ask all the right questions at the land office. Questions like “does the property have a public road” or “is the title free and clear of liens” are examples of things you will want to know. This can be often difficult for a lawyer to answer given the short amount of time between when a property is listed and the time it goes to auction. You need to be able to move quickly and do the research before you go to auction. If you haven’t had time to prepare for the auction, best to let the Phuket property go to someone else because it’s not worth the risk.

Another way to pick up a property is from several banks that have repossessed the property but for some reason the property in Phuket hasn’t gone to auction as of yet. There are many banks that have properties available. You can find a lot of these on the internet but you better have someone who can read Thai because many of the websites are in Thai only and there isn’t an English version. These banks also sell these properties at special open houses like the big one in Bangkok called the “NPA”.

Many newspapers’ in the south carry Phuket land or property auction notices. A good Thai friend can alert you to the Phuket properties that come available. On the day of the auction make sure you bring your buddy as the numbers in Thai can be confusing during auction day. You don’t want to overpay or get caught up in the hype of the auction. Make sure to set your limit you want to pay for the property and stick to it.

In closing, a smart shopper can receive a nice discount buying properties in Phuket at auction if they have researched the title and make sure there are no problems with the land or property. A competent lawyer can do the necessary background checking on the land to make sure the title is free and clear. By doing proper research on The Phuket land title and having all the information like zoning, electric, water and mineral rights one can find a Phuket property suitable to purchase at auction. One of the best things to remember when buying a property that is too good to be true is that it probably is too good to be true and you may have missed something important in your research.

By scott riefler

Scott Riefler is an expert in
Phuket Real Estate. He has written several informative articles. He
regularly contributes articles on Apartments in
Phuket
and Patong apartments. Sign up for our newsletter at:

Phuket apartments newsletter

Article Source: http://www.articlesbase.com/real-estate-articles/how-to-buy-a-phuket-property-at-bank-or-land-auction-537898.html

Thursday, July 2, 2009

Homes For Sale In Los Angeles County California

Studio City Homes are renowned for their excellent location in sunny Southern California. Just over the hill from Hollywood, Beverly Hills, and Downtown Los Angeles, lays Studio City, ideal for living, working or relaxing. With a variety of homes, from old Spanish style homes to Modern Architecture, 70.6% of residents who reside in Studio City live in single family homes.
Home prices went from a high of $848,500 between 2006 and 2007, to a decline of $637,100 in 2009. Homeowners are earnestly waiting for the housing market to resume its typical position.

From April 2009 to May 2009 average sales prices of homes in Studio City went down 0.12 percent. The average estimated value went down 0.03 percent from May 2009 to April 2009. Although, the city’s average sales price and average estimated value are still above both the National average and the California State average. Studio City has an average listing price for homes for sale of $1,092,239. The current number of properties on the market is 243 with a median listing price of $894,000. The Los Angeles county average listing price for homes for sale is $898,758. The Los Angeles county total real estate listings are 26,126 and a median listing price of $446,662.

No brand new Studio City Homes have been sold. California, among Florida, Nevada, Arizona, and Michigan are the top five states with the most foreclosures. Foreclosures are becoming habitual in the housing market. In the Golden State, 4.19 percent of housing has resulted in foreclosures, following Florida which is a striking 8.95 percent. Studio City is ranked 2495 out of all city foreclosure rate rankings. Foreclosure activity accounts for 39 percent. Home sales since 2005 have consistently declined. Los Angeles is ranked the number 10 city with the worst housing market in 2009. In contrast, sales are slightly rising in many mid- to high-end markets. Many homeowners are anxious for the housing market to resume its standard standpoint. You might be asking, when will the housing market get better? The amount of new and resale houses and condos sold in the state of California this past month was up by 2.9 percent since April 2009 and up 18.3 percent since May 2008.

Homeowners are tossing and turning due to the lessening of their property value, increase in foreclosures and the sluggish real estate market. There is no need to worry anymore. There is always a solution to a problem, and we have your solution. There are steps which homeowners could take to present their home to a buyer in the most appealing fashion. Eliminate all odors, cleanliness should be a given, clean carpet, and brighten up the rooms by installing new lighting or opening curtains and letting the California rays shine in. Lastly, outside presentation is everything, so make sure the grass is nicely manicured and the outside paint isn’t chipping. There are many Homes for sale in Studio City; yours might be sold if you take the appropriate steps.

By yanni raz

Yanni Raz is a mentor for many in the Real Estate Mortgage industry, Yanni Raz is been tutoring many homeowners in California and help some also to save their homes. http://www.homesinsale.com

Article Source: http://www.articlesbase.com/real-estate-articles/homes-for-sale-in-los-angeles-county-california-985169.html

Investing To Make Profit From The Current Property Slump? Secureasale, The ‘Sell My House’ Experts Explain

As property prices fall, those will ready cash available could make themselves a fortune in the long-run by investing in property now.

LONDON, UK- London property specialists at SecureASale, the capital’s premier ‘sell my house’ and quick sale experts, are issuing some exciting investment advice.

SecureASale director, Tim Jackson has announced that the best investments available in the current climate are to be found within the London property market. He issued the following statement:

"With interest rates falling to 0.5% and property prices still falling, snapping up a good quality buy to let in London can easily return 7-8% per annum – 14-16 times the Bank of England interest rate. It is a tangible investment and unlike what we have seen with the banks, you know where your money is invested with property. Time and time again, the property market has proved its ability to bounce back even stronger and in the future people looking to sell property will receive the dividends.

Obviously, at times like these people are asking ‘OK, but how can I sell my house quickly to raise the capital for such a venture?’ This is where quick sale experts such as Tim Jackson and SecureASale.

Very high yields, like we’re seeing now are normally a sign of an undervalued market, so there is scope for optimism that we have reached the bottom of the housing market."

However, Jackson has also issued a stark warning to potential investors. As incomes fall and people lose their jobs in the recession, rent costs are likely to fall as well, as is the chance of a quick sale or obtaining the maximum revenue when selling a house. Jackson adds, "We are not going to see a new bubble forming any time soon and we may not be out of the woods yet in terms of negative capital returns."

There is always a point during a property boom where people turn to each other and say, ‘If only I’d bought back in Year X I could have made a fortune. The quick sale property experts agree that now could be that time.

For more information on Tim Jackson, SecureASale and its ‘Sell my house quickly’ homebuyer services, visit http://www.secureasale.co.uk/.

By Harry Smith

Article Source: http://www.articlesbase.com/mortgage-articles/investing-to-make-profit-from-the-current-property-slump-secureasale-the-sell-my-house-experts-explain-816036.html

London property rental prices remain stable

James Davis, founder of online property rental site, www.upad.co.uk, disagrees with reports that London property rental prices have decreased by 15 percent over the last year.

Davis comments: “Over recent months, the city has seen a vast increase in the number of accidental landlords, due to the fact that they have been unable to sell their property. And the rules of supply and demand apply, meaning that property rental prices have levelled off. Overall I do not believe they are falling – there remains plenty of potential for many to make long-term gains.

Davis considers that the UK (primarily London) is already seeing a shift towards a more European model of renting. As recently published in the English Housing 2007-8 report, 32% of people under 30 were buying with a mortgage against 45% who were renting. In 2001, those figures were 40% who purchased with a mortgage and who 33% rented.

Davis comments: “For Landlords wishing to increase portfolio, they should note that yields are much higher today than they were 12 months ago.

“Interest rates are at an all time low, which presents a real opportunity for residential property investors. They just need to get their proposition right, and to target the market effectively. However, it is important to remember that property is a long-term investment game – don't go into it expecting to get rich quick.”

-Ends-

Notes to editors

upad's website deploys bespoke state-of-the-art technology to overcome issues identified by renters such as out-of-date information and poor online experiences. In particular upad enables online searches that are interactive and intuitive to produce relevant properties.

With over 82,000 rental properties available in London, upad will continue to add to this portfolio in order to offer the largest choice of homes to rent in the capital. The service will be rolled out across other major UK cities in the next few months.

Free to renters, upad costs landlords £59 per listing.

For further information and interviews, please contact:

Katrina Suppiah/Kate Alexander, Publicité

Tel: + 44 (0)20 8543 6582/+44 (0)20 8543 8481/+44 (0)7809 028711

Email: k.suppiah@publicite.co.uk/k.alexander@publicite.co.uk

By Upad

Article Source: http://www.articlesbase.com/real-estate-articles/london-property-rental-prices-remain-stable-838982.html

Latest property trends and furnished apartment in New York

A list of the top 10 places in the world for real estate investment was recently published by Forbes magazine. The Association of Foreign Investors in Real Estate (AFIRE) surveyed its 200 members, who own about $700 billion worth of property around the globe, to figure out where they are finding the best investment opportunities.
The list includes some of the most expensive cities in the world. Prime property in London and New York costs slightly more than $15,000 per square meter, according to Global Property Guide

New York is still going strong but parts of the property market will experience a slowdown, according to a New York Times article. While Wall Street makes up only 5 percent of the total jobs in the city, it produces 23 percent of the city’s total salary. The spending pattern of Wall Street workers is a good economic indication for the city as well as the real estate market.

Traditionally, financial workers tend to spend their bonus money on property. Bonuses from 2007 should remain flat; this would help the housing market remain afloat in 2008. The effects of the credit crisis will be felt in 2009, as workers begin to see their bonuses disappear.

New York, which is also the base city for the Mercer study, comes in at 22nd place on the cost of living list. The city has one of the most expensive prices for apartment buyers, with property in prime locations costing about $15,933 per square meter, according to Global Property Guide

Biggest price cut of the day

The unit with the biggest price cut in Manhattan today, according to Streeteasy.com, is a four-bedroom, five-bath penthouse at 161 West 61st Street, between Amsterdam and Columbus avenues. The price of penthouse A was cut by $2 million, and it is now on the market for $9.5 million. This is the fourth time the 6,136-square-foot home's price was lowered since it went on the market in January. The apartment is now listed for almost 30 percent less than its original price of $13.5 million. The Corcoran Group's Carrie Chiang and Janet Wang have the listing.

Manhattan is getting an unwanted taste of South Florida. Developers of new condominiums are finding that furnished apartments they thought had sold are unexpectedly coming back into their hands as buyers — not just layoff victims, but some who are wealthy and employed — default on contracts. In some cases, these supposed buyers are having to walk away from five- and six-figure deposits. This phenomenon, common in Florida and other real estate markets decimated by the housing slump, was virtually unheard of in New York City until recently.


Short Term Rentals in NYC

Many travelers and families find that staying in an apartment while visiting New York City can save them money. An apartment often accommodates more guests than a hotel room and staying in an apartment can mean saving money by preparing some meals in the apartment. For longer visits, staying in an apartment can give you the sense of living in New York City instead of just visiting. If you're interested in short-term apartment rentals in New York City, these agencies and websites are the best way to find a short-term rental.

By Remesh

Article Source: http://www.articlesbase.com/real-estate-articles/latest-property-trends-and-furnished-apartment-in-new-york-835594.html

Relocating to Bangkok

Passports

You have to assure your passports have at least six months validity before entering Thailand. Also, making multiple copies of your passports and keep them separate from the original is recommended
Visas & work permits

You must organize visas and work permits for yourself and your family. Click here to find more information about immigration
Other documents

Making copies of your important documents such as birth, marriage and divorce certificates; education degrees & transcripts; resumes; tax & insurance is highly recommend you will need the originals for renewing visas, opening bank accounts, obtaining work permits, tax requirements and any embassy business Taking passport-sized photographs is a good idea as they are required for schools, visas, work permits, bank accounts and other formalities

Taking passport-sized photographs is a good idea as they are required for schools, visas, work permits, bank accounts and other formalities
Immunizations

Advice recommendation from your doctor for current immunization/vaccination requirements if it is needed
Moving

It is recommended using the services of a reputable international moving company in your country
Temporary accommodation

Probably the most important of the decisions you will have to make when you arrive in a new country is where to stay. Fortunately, finding a place to stay in Bangkok is not a big problem.

Staying in Hotels is a good idea as temporary accommodation upon arrival. You can find a number of hotels in Bangkok ranging from back street guest house to the deluxe hotels like Hilton. Staying in serviced apartments is also an alternative to hotel until you have found your new home. To find your ideal serviced apartment , start you search by clicking here
Long term accommodation

The types of accommodation available in Bangkok are variety ? Condominiums, Apartments, house ? you name it, and the areas expatriates live in are diverse. If you are relocating to Bangkok, try to stay close to the skytrain (BTS) or subway route (MRT); silom, sukhumvit or Chitlom, area are recommended.

Current Property Rates of Mumbai

Current Property Rates of Mumbai
By: Forest Peterson

The financial capital of India, Mumbai has always been the leader in the indicative prices of the Indian real estate market. Even during the slowdown, Mumbai is the frontrunner when it comes to property. In the past as well, it has shown a record rise in real estate prices at par with some of the highest property prices in the world. That is why Mumbai is called the 'Manhattan of India'.

It is not only the residential market of Mumbai that boasts of skyrocketing property prices but the commercial market of the city as well touch the sky. But these days, due to the slowdown, the city is witnessing a correction in prices both in residential and commercial markets. In fact, it is the best time to buy a property in the city with the developers offering lower prices and discounts. Also, one should consider buying property now with lower interest rates on home loans provided by banks.

The real estate prices as well as the increase in rental values in Mumbai can be credited to the large scale investments in the commercial sector and the residential sector. Mumbai has always been the favorite spot for the corporate sector for developing their headquarters in the city. Besides that, increasing investments by MNCs in the IT, ITES and the BPO sector have led to a growing demand for office space; which as a result have created an imbalance in demand and supply for residential property. The rental values in Mumbai are also high in comparison to that in other metros and cities.

The retail market of Mumbai also witnessed a huge hike in prices during the boom in the real estate market. In fact, it is one of the foremost cities to be hit by the retail buzz. With the coming up of the retail market, there has been an increasing demand for retail properties in the financial capital of India. This increase in demand has created a viable market for mall space and other kind of retail stores and showrooms. These retail stores and malls are either owned by a business or some brand outlet or leased for hefty prices as their demand is usually very high.
Mumbai has been ranked seventh among the most expensive cities in the world to carry out a business and to live in.

Although, the prices of different kinds of property in Mumbai differ from location to location, the following is an indicative list of realty prices of both the residential as well as commercial spaces in Mumbai.

Here are some indicative rates to apprise you of the market conditions.
Prices in South Mumbai in April 2009:
Cuffe Parade - Rs 20, 000 - 62, 000 per sq ft
Churchgate - Rs 18, 000 - 30, 000 per sq ft
Marine Lines - Rs 14, 000 - 22, 000 per sq ft
Malabar Hill - Rs 20, 000 - 65, 000 per sq ft
Napeansea Road - Rs 20, 000 - 65, 000 per sq ft
Worli - Rs 18, 000 - 45, 000 per sq ft
Prabhadevi - Rs 13, 000 - 24, 000 per sq ft
Mahim - Rs 8, 500 - 14, 000 per sq ft

Prices in Central Suburbs in April 2009:
Byculla - Rs 8, 500 - 11, 000 per sq ft
Wadala - Rs 5, 000 - 8, 000 per sq ft
Sion - Rs 6, 500 - 9, 500 per sq ft
Kurla - Rs 4, 000 - 6, 500 per sq ft
Powai - Rs 4, 500 - 9, 000 per sq ft
Chembur - Rs 3, 750 - 7, 000 per sq ft
Ghatkopar - Rs 4, 500 - 7, 500 per sq ft
Bhandup - Rs 3, 750 - 6, 000 per sq ft
Mulund - Rs 3, 750 - 7, 000 per sq ft
Thane - Rs 4, 000 - 6, 000 per sq ft
Dombivalli - Rs 1, 400 - 2, 500 per sq ft
Kalyan - Rs 1, 400 - 2, 200 per sq ft
Ambernath - Rs 1, 100 - 1, 600 per sq ft

Prices in Navi Mumbai in April 2009:
Vashi - Rs 3, 250 - 5, 500 per sq ft
Airoli - Rs 2, 500 - 4, 000 per sq ft
Kopar Khairane - Rs 3, 500 - 5, 000 per sq ft
Sanpada - Rs 3, 000 - 5, 000 per sq ft
Nerul - Rs 3, 000 - 5, 000 per sq ft
CBD Belapur - Rs 3, 000 - 5, 000 per sq ft
Kharghar - Rs 2, 000 - 4, 000 per sq ft
Kalamboli - Rs 1, 400 - 2, 200 per sq ft
Panvel - Rs 1, 800 - 2, 700 per sq ft

Prices in Western Suburbs in April 2009:
Bandra (E) - Rs 7, 000 - 11, 000 per sq ft
Bandra (W) - Rs 16, 000 - 28, 000 per sq ft
Khar (E) - Rs 7, 000 - 11, 000 per sq ft
Khar (W) - Rs 13, 000 - 18, 000 per sq ft
Santacruz (E) - Rs 9, 000 - 12, 000 per sq ft
Santacruz (W) - Rs 12, 500 - 18, 000 per sq ft
Vile Parle (E) - Rs 7, 500 - 11, 500 per sq ft
Vile Parle (W) - Rs 10, 000 - 17, 000 per sq ft
Andheri (E) - Rs 6, 500 - 9, 500 per sq ft
Andheri (W) - Rs 6, 500 - 14, 000 per sq ft
Jogeshwari - Rs 5, 000 - 8, 000 per sq ft
Goregaon (E) - Rs 4, 500 - 7, 000 per sq ft
Goregaon (W) - Rs 4, 800 - 7, 000 per sq ft
Malad (E) - Rs 4, 500 - 7, 500 per sq ft
Malad (W) - Rs 4, 000 - 6, 500 per sq ft
Kandivli (E) - Rs 4, 500 - 7, 500 per sq ft
Kandivli (W) - Rs 4, 500 - 6, 500 per sq ft
Borivli (E) - Rs 4, 500 - 6, 500 per sq ft
Borivli (W) - Rs 4, 000 - 6, 500 per sq ft
Mira Road (E) - Rs 1, 800 - 2, 500 per sq ft
Naigaon (E) - Rs 1, 200 - 1, 800 per sq ft
Vasai (E) - Rs 1, 100 - 1, 800 per sq ft
Vasai (W) - Rs 1, 000 - 1, 800 per sq ft
Virar - Rs 1, 100 - 2, 000 per sq ft

Article Source: http://www.articlesnatch.com/Article/Current-Property-Rates-of-Mumbai/598949

About the Author:
Sukhpreet Kaur writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estateindustry. It is a forum where buyers, sellers and brokers can exchange information. At 99 acres, you can advertise a property in India , search for a property, browse through Mumbai Real Estate and Properties. More on Current Property Rates of Mumbai

Insight of Mumbai Real Estate Market

Insight of Mumbai Real Estate Market

To own a beautiful house in first-rate area of any city is everyone's dream in India today. But not every dream comes true. And this dream becomes all the more difficult to come true if you would like to own a house in big cities like Mumbai, Delhi, Kolkata, Chennai, and Bangalore. In big cities and above all in Mumbai, it takes a gigantic task to come across to an appropriate house within your means. But this tricky task can be made trouble-free if you can engage the services of a competent property consultant who knows each and every thing about Mumbai Real Estate market.

Mumbai property market is the largest real estate market in India. With a population of around 19 millions people, Mumbai and its suburbs encompass one of the biggest urban agglomerations in the world that is only second to Tokyo. The population of Mumbai is increasing at a massive rate. Unfortunately, the rate of developing new residential and commercial property in Mumbai has always been lower than the rate increase in population. As a result, you come across families in Mumbai who are forced to live in small rooms. According to the national census of India of 2001, every other person in Mumbai is living in slum. All these facts point to the amount of intricacy you can face while locating a suitable property in Mumbai either to buy or rent-in.

To stay away from this difficulty, my advice for you would be to take into service a competent real estate consultant in Mumbai. There are many fine real estate agencies in Mumbai like Better Homes India who can do that for you at less commission. These agencies have years of practical experience of working in Mumbai real estate market to come good for you. They can help you under different circumstances. They can buy a commercial or residential property in Mumbai for you as well as they can be a great helping hand if you want to sell property in Mumbai. They can even help you in case you are looking for long or short term rental in Mumbai.

Since population graph of Mumbai shows an upward trend, it means that property prices in Mumbai would be higher when compared to any other Indian city. Lack of space for new property development from Juhu Beach to South Mumbai, has made the property prices in this area to shoot skywards. Of-late there has been a new craze of redevelopment of property in posh Mumbai areas like Bandra. But the property prices in areas like, Juhu, Bandra are to some extent unaffordable to middle class. With the intention to win this segment of the society, the market of real estate in Mumbai is developing various projects in the suburbs of the city. Navi, a suburb of Mumbai, is their main target in order to provide affordable commercial and residential property in Mumbai. Navi is known as twin city of Mumbai with a population of 0.75 million. The future of real estate in Navi Mumbai is very bright and property prices here are already started to move upward quickly. And to me it is the best moment in time to buy property in Navi Mumbai.

As a Mumbai real estate consultant my advice to you would be to buy property in Mumbai suburbs in place of main old Mumbai. These suburbs like Navi Mumbai are being developed to sound and modern plan and have every facility of life. The property prices here are another plus to go with these areas. The choice is yours but there is one thing certain. The property value in Mumbai is going to increase with course of time and an astute investment in Mumbai real estate market can earn you massive profit in future.

By: Daniel Marshel

Article Source: http://www.articlesnatch.com/Article/Insight-of-Mumbai-Real-Estate-Market/140560

About The Author:
Daniel Marshell is senior real estate consultant associated with Better Homes India, a leading real estate firm in Mumbai, India. He has more than 25 years of first hand experience of working in Mumbai Real Estate Market. His firm Better Homes India also offers online real estate services in Mumbai. For more information please visit www.bhomes.com/india

Buying a New Dream Home in Delhi & NCR is a Bit Costly But It is Not at All Impossible

Buying a New Dream Home in Delhi & NCR is a Bit Costly But It is Not at All Impossible

The lives of Delhiites are undoubtedly much higher in comparison to other cities in India. Well it would not be wrong to say that this lovely city also attracts many NRIs when it comes to buying a new home. No sooner the metro trains started running in the city then it resulted into many advantages which the residents of Delhi and NCR are proud to have the possession.

Even in the regime of the current recession, Delhi and its NCR are still attracting many property investors as well as home buyers. In the world map, this cosmopolitan city is already marked as the popular green city and in addition, it is regarded as the hub of multinational companies. A new visitor gets amazed to see the spurting buildings which are built with the international standard statistics. For most of the real estate companies operating in different places in India consider Delhi and its NCR as the perfect niche for implementation to their new projects.

There are many factors which have to be reviewed before placing a quote for buying a residential property in Delhi, the heart of India as well as in its suburbs. If you take a drive to Gurgaon then you would surely see the sky rocketing buildings which are the homes to many multinational firms and other corporates. Significantly, there is an attractive rise in the residential apartments and independent houses. Next to Gurgaon, Noida is also filled with the excellent residential infrastructure.

There is an apparent rivalry between the two NCRs: Gurgaon and NCR in terms of buying a residential property. Most of the critics opine that Gurgaon is currently at a higher podium leaving Noida a step down. They strongly hold to this opinion is just because Gurgaon has the international airport. Because of this famous location, most of the property consultants in Gurgaon strongly hold on to their deals. It has been reported that soon Noida will also boast of an international airport. This would be an added advantage for the residents of Noida as well as for the aspiring people who have been hunting for buying their dream homes in this growing city.

It is the saying of a set of home-buyers that the price of a residential property in india the capital and in its outskirts is out of the reaching hands of the middle class families. It is true that the contemporary market price of houses is a bit costly but still there is a good flow of middle class buyers as it is revealed by some real estate surveys. Home loans are in a heavy shower and those who are equipped with an attractive income can obviously place the orders for buying the most exotic palaces.

By: ankita tyagi

Source:http://www.articlesnatch.com/Article/Buying-a-New-Dream-Home-in-Delhi---NCR-is-a-Bit-Costly-But-It-is-Not-at-All-Impossible/638650