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Thursday, September 16, 2010

Where to invest in real estate?

It is usually said, it’s very hard to earn money, and you get to know the value of money, only when you, yourself starts working. And the most important question arises, where to invest this money, so that to have the best of the profits, out of the investment. Some people invest in gold, mutual funds, retirement plans, etc. But the most prominent, and the widely accepted investments these days are done in the real estate sector. People are getting very much attracted towards the benefits gained from the real estate investments. The increasing development in the country is resulting into the increase in prices of the property in different areas. The properties are generally divided into two categories, commercial property and residential property.

The profits and the benefits gained out of both of the property types are very encouraging for the people in the real estate sector. Investment in real estate sector can become a source of regular income for the owner, which is possible only in case of rented properties. Therefore, using the property for rental purposes is the most promising investment in the real estate sector. This investment can be utilised both for commercial and the residential properties. The investment can vary according to your income and the salary earned. Also, there is a great demand in the Indian market for the rented properties. Especially, all the metropolitan cities have become the premium place for trade in the country and are hub for major brands and companies of the world.

Many office buildings, mall shops, residential rooms are taken on rents, because of its huge prices. Also, the prices for rental properties is also very high and if you are the owner of the property, then giving it on lease in cities like Delhi and Mumbai, can fetch you a handsome amount of money. This has actually become a fashion status these days, and people are getting richer by earning every month or after a fixed duration, which is actually a cherry to their usual salary they earn at work.

Bollywood fame adds to the prices of the land

Actors, actresses and even the whole film industry have a major impact on the lifestyle of the Indians and the people across the globe. Whatever our actors do becomes the style statement of the common man. Every time, we are in search of things which have the impression of celebrities on them and which are endorsed by them, because in one way or the other, it adds credibility to the product with their presence. By using such properties, we tend to add on to our status in the society. Because for sure, the property or the material, which has been used or promoted by the celebrities, has an additional value to it, which if purchased by the common man, correspondingly adds to the status of the person in the society.

Same ways, these days, the prices of the real estate properties are rising with our Bollywood people visiting or shooting in different parts of the country. Like, what happened recently, a small village in Peepli, and the after effects are such that every single man is planning to buy land in that village. The place has gained popularity in a very short span and in the last one month, the demand of farmlands in the area has increased rapidly. This is only because of the movie, ‘Peepli Live’, Amir Khan’s production, whose name is on village. Peepli, scene is a very recent example, but there are many other places, which became popular with the visit of the celebrity at that place.

The real estate sectors, surely gains glamour, with the addition of a celebrity name to its property. Whether it’s our favourite M S Dhoni’s name attached with the Amarpali group, or some other celebrity endorsing a real estate property, reference of an actor name with the property makes it more valuable and increases its demanded manifold.

Wednesday, September 1, 2010

Delhi and Mumbai surveyed as the top 50 global cities

The on- going developments in our country, have already made us proud and is making the country reach the minds of the people across globe. The hosting of common wealth games by India is a pure example, which states the accomplishment of India as a globally accepted country. Now, our country has added one more achievement in the list of its successes, with the two metropolitan cities, Delhi and Mumbai, securing its place in the top 50 global cities of the country. This is surely one of the biggest achievements, as this paves the way for further development of our country. This is according to a report generated by the Foreign Policy magazine in partnership with A T Kearney and The Chicago Council on Global Affairs. 

The report signifies on the fact, that smart growth is the criteria, for making the country grow and achieve global stature. Earlier, our country has always been counted among the under- developed and poor nations, but with the developments in the education, technology, real estate and others sectors, the country has shown exponential growth in its overall economic situation. The infrastructural and the architectural lay out of these cities are also the factors, which contribute towards this accomplishment. Few of the other factors which credits for this are the business interaction of the cities globally, influence of the cities on global markets and the innovations it has done to make the world proud. 

The cultural practices and the acceptance of the cities across the borders is also must and the humbleness possessed by the people of the country, adds to its growth and global prominence. For the time being, we should be happy with our cities being listed in the top 50 global cities and in future, should make every possible effort to make it reach the top five global cities.  

India and china- top destinations for investment in real estate

In the recent times, the whole world has faced slowdowns and setbacks in many of its industrial sectors, which has affected their entire economy badly. Sectors like real estate, IT, have faced great losses due to the recession period, resulting into the loss of jobs by many people. Countries like US are still under the stage of recovery, but India and china are two countries, which has been the fastest in terms of resilience. Due to an immensely large number of population and high demand, these countries have shown great recovery and have complimented the country’s growth by becoming the most popular market for real estate investment. 

According to a survey done by renowned companies of the world, India and china are preferred as the top most regions for investing in the real estate sector. This is due to the large population and the scope of growth and high demand for development in the countries. A large number of multinationals are setting up their offices in these countries, resulting into high demand for property and land. Increased requirement of residential units, and urbanisation of the areas, has lead to the strengthening of the real estate sector in these countries. 

The boost in the real estate market in India and china is also because of the high GDP growth of these countries. The lavishing salary packages of the people, has also resulted into the development of an urge for luxurious living in the citizens of the country. Real estate property is also considered as the biggest asset for investment, so people also believe in its power of growth and making money out of it. The increasing affordability status of the citizens leads to the instillation of hi-tech props in the houses, adding to the demand of technology approved housing facilities. 

These all factors, club for the reason of India and china, becoming the priorities for real estate investors across the globe.