Options Of Well Furnished Studio Apartment Gurgaon

The growing demand for studio apartments Gurgaon has drawn attention of reputed builders of the region to suffice the needs of this real estate segment of affordable housing. Studio apartment is actually a self-contained spacious room comprising of living and kitchen area along with a kitchenette and attached bath. The studio apartments are also known as efficient apartments designed only for 1 or 2 people.

Since Gurgaon is growing as a major business hub of the NCR, the need for small yet luxurious apartments is increasing. The studio apartments are mainly popular among working women, students, middle cadre single executives, NRIs. For NRIs the apartments are like their second home for short and long visits.

Let us take a look at some of the studio apartment Gurgaon projects that are taken up by renowned developers.

The Villas The realty giant Emaar MGF has launched well designed studio apartments as part of the project ‘The Villas’. The Villas is located at sector 25. Though nestled at the heart of the city but most of the apartments are far from the hue and cry of the bustling urban. The studio apartments are indeed for the ones who prefer a home unlike any other.

The following are few highlights of the studio flats of the Villas.

Highlights of The Villas Studio Flats
The price starts from Rs. 55,00,000

The studio flats are apart of the ‘Villas’, which is actually a premium condominium residential complex.

The size of the flats varies from 1000 sqft to 1850 sqft
The possession of the apartments would be by February 2012.
The number of floors of the towers is ground plus eight ( G+8)

Essel Towers Plush studio apartments are available at Essel Towers. The Essel Towers is located on M.G. Road, just opposite to Gurgaon Central. The Essel Towers is located amidst shopping malls and are just 15 minutes drive away from the domestic airport.

There are many other projects coming up with the studio apartment form of accommodation. Though, the demand for this segment is yet to be explored fully, the trend setting developers like DLF and Unitech have really a viable scope to capture the growing market for studio apartment Gurgaon.

Whom Needs A Condominium Reserve Study

There are few things as vital to creating an ideal reserve fund than a condominium reserve study. For maintenance costs to repairs and replacements, maintaining a condo property can be expensive.

Condominium properties are built on the premise of shared amenities and common areas. While each unit is a home, the larger property as a whole must serve the needs of the entire community. Over time, those common areas will experience wear and tear and must be maintained and repaired. A reserve fund is used for this, but a condominium reserve study will need to be created in order to ensure adequate resources are available when needed most.

More Than Just Common Areas

Condo properties have a considerable amount of shared common areas, as well as equipment and amenities. Your condo reserve study must account for much more than just maintaining your common areas. Any condominium reserve study should include a variety of other factors, including structural elements like the roof and the propertys foundations. In addition to those areas, items such as HVAC systems, exterior lighting and even playground equipment must be examined in order to provide the most accurate picture possible in terms of maintenance, repairs and replacement costs that youll have to pay over the life of the property.

Customization Is Essential

One of the most important factors to consider in your condominium reserve study is whether the study is customized to your specific property. Some architectural firms use a cookie cutter approach here, but that is far from advisable. Every single property differs from every other you have concerns that may or may not apply to a property down the road, much less on the other side of town or in another part of the state.

When you need a condo reserve study conducted, its vital that you choose an architectural firm known for taking the time to customize that study to reflect your propertys unique needs. Of course, there are also other considerations you need to make when selecting the firm youll work with.

Other Reporting Options

In addition to a condominium reserve study, you may find that you need a variety of other reports depending on your situation and specific needs. For instance, you might find that building repair studies are necessary down the road, or that you need bid design documents. You might also find that if new work is required on your property, you need a company that can offer construction monitoring. Additional services a reputable architectural firm can offer include transition studies, balcony repair studies, structural reviews, roof leak studies and more.

As you can see, working with a reputable architectural firm is vital for your condominium reserve study. J. Hershey Architecture can provide you with all the assistance you require, tailored to fit your specific propertys unique situation. If youre seeking peace of mind and the accurate reporting necessary to build your capital reserve fund, this architect can help.

Revenue Recovery Services Scam

When a person loses money and gets nothing in return they want to try to recover those funds. Unfortunately, this is a desire scammers now play on with their claims that they can recover the money for you. There are many aspects to these scams.

Since the economy is so bad, people are often falling victim to foreclosure and mortgage fraud recovery scams due to the housing market. Since the housing market is facing so many problems, a lot of homeowners are finding themselves unable to pay their mortgages. Once this happens, they want to stave off foreclosure by any means possible.

Some of these folks have had help refused to them by their bank or mortgage company and will try anything to keep their home. You can find scammers everywhere, from online in email or internet ads, calling your phone, or placing ads in the newspaper to aid in refinancing or home loan modification. The one thing you should look for is if they ask you to pay a large fee straight off the bat.

However, the homeowner is out of luck in that there’s really nothing the scam artist can do for their home loan. What ends up happening is that the homeowner gets absolutely no help with their loan, and they’re out a negotiating fee. The scam artist protects themselves by ordering the homeowner to not talk to anyone from the bank or the lender about their help. Once the homeowner is subjected to this scam, they’re left with a foreclosed home and nothing that they can do to stop it.

Those people who have a home loan that’s approaching delinquency often reach for these people who offer help out of desperation, signing documents that claim will fix the problems with their mortgage, but will just give the home to the scammer; this can be prevented, however, by using ip-hunter.com/24/index.phtml or another such telephone look up service to check these people out.

‘Credit recovery’ is another type of common scam that you can run into, wherein scam artists step in and state that they’ll talk to your credit card companies for you in order to improve your credit or the rate in which you’ll have to pay. Once the process is finished, you then pay the scammer every month with the reduced rate, who is going to pay the companies in turn, or so they claim.

Many people have found on the ‘credit recovery’ scam that no money at all was sent to the credit companies and the scammers have pocketed the money. In the meantime, the interest and late fees pile up leaving the debtor further in default. In reality, most credit companies, when they know the situation, are willing to work out an agreement or even reduce the debt if working directly with the debtor.

There are precautions anyone with financial problems should look for in seeking assistance. Things such as: a fee up front; requirements to sign papers regarding the property; being advised not to seek legal or other advice, etc. These are all sure warning signs that something is not right. There has always been someone out there trying to get money for nothing and it is very prevalent in today’s society that caution be exercised when working with anyone who claimed they could solve the financial woes of the world.

The Upcoming Property Market Of Ranchi

Ranchi is the capital of a decade old state, Jharkhand. Jharkhand is known worldwide for housing first private Iron and Steel Company of India, Tata Steel. The most industrialized cities of the state include Jamshedpur, Bokaro and Ranchi and so, they attract a lot of migrant population from various regions. This migration has cultivated growth of real estate in Jharkhand.

Ranchi, being the capital city, is witnessing huge growth in its real estate sector with high investments pumping in. Real estate in Ranchi is soaring high with property prices growing almost five times in last five years. The investments by real estate developers and land owners are already bearing fruits with reaping of such great returns. Depending on locality, the rates of property, today, varies from Rs. 1,200- 1,700 per square foot in comparison to Rs. 400-500 per square foot five years ago. The hike in prices is proving expensive for locals but government is taking steps to ensure that they do not face the brunt of these developments.

Jharkhand State Housing Board is planning to develop various residential and commercial space establishments jointly with private builders of the area. The construction of various multi-storied apartments and commercial complexes is in pipeline across the state with Ranchi alone in possession of 19 plots. Since, government plans to develop Ranchi real estate in collaboration with private players like Parsvnath Builders, huge investments in this sector can be foreseen. The most interesting feature of the city is its natural beauty full of surging hills, little streams, calm lakes and brooks that together form a picturesque sight. It has retained its traditional touch in spite of moving towards modernity swiftly with large number of developments taking place. Beautiful waterfalls and rich tribal culture are among its other major attractions.

The tremendous growth in Ranchi has led to a boom in retail sector as well with leading retailers such as Reliance Fresh, Big Bazaar, Spencer, etc. opening up their outlets. Malls, five-star hotels and multiplexes are also under construction indicating the growth rate of hospitality sector. There is also a proposal for industrial expansion on 350 acres of land along with setting up of SEZs, educational institutions and healthcare facilities. The growth in IT industry and tourism activities has high potential for bringing in the economic boost in the city.

The vision set for Ranchi is to make it a model capital city and 6Rs (of Redevelopment, Rejuvenation, Rehabilitation, Restoration and Preservation, Restructuring and Reforms) have been set in this line. The population of the city is expected to reach 15 lakhs by next year and the government seems to be all geared up to word towards making Ranchi a symbol of progressive Jharkhand. It has come up with a City Development Plan (CDP) that identifies land for new sub cities which would require 6400 hectares of land in order to accommodate growth till 2021. In addition to this, strengthening of management systems for urban planning, disaster mitigation, environmental management and management area also needs attention according to CDP. The government is also focusing on improving other amenities related to water supply, sewerage and sanitation, solid waste management, storm water drainage and urban transport. It is also chalking out plans for heritage conservation and tourism development, disaster management, effective urban governance, basic services to the urban poor, sustainability of investments and various other important issues.

With such commercialization of the city and improving living standards, Ranchi is gaining its position as a lucrative investment option. The positive push to both residential and commercial sectors has largely benefited the real estate of Ranchi.

Buy Timeshares Wisely

Buy timeshares wisely and you wont be disappointed. With thorough research and clearly identifying your current and future needs you will be able to avoid disappointment.

Many of us like to have luxurious yet affordable vacations. Timesharing becomes the solution to this when beautiful resorts around the world offer timeshare packages that will allow them to have the best of both worlds. Luxury and affordability are often emphasized when timeshare companies are advertising their vacation properties.

Timeshares are offered in fixed, floating and flex weeks:

With a fixed week deed or agreement you can only stay at the resort during your assigned week every year.
With floating weeks you are required to contact the resort to designate your desired week. You can make a reservation for any time during the calendar year (or as for the months determined in your agreement) based on the resorts availability.
Flex weeks require you to make a reservation to an assigned season. Resorts have high and low demand seasons. In general red is peak or high season, white is mid season and blue is off-peak season. Of course demand affects the purchase price.

The purchase price of timeshares varies depending on the following factors: time of the year, location, resort amenities, size of the unit and market demand for the units on offer. Other timeshare companies use a point system as units of measurement to establish the value of the timeshare, which enables the timeshare owner to choose from a variety of resorts listed with the company.

There are also timeshare exchange companies that give their members the option to exchange with a comparable resort elsewhere around the globe. The two largest exchange companies are:

Resort Condominiums International (RCI)
Interval International (II).

Be aware that your needs may change over time. So it may be wise to keep all your options open and make sure you are not tight down to the same resort for years on end. If you are looking to be able to exchange then here are some pointers to buy wisely:

Buy high season timeshares. You are entitled to book any time during the year and wont be restricted.
Buy in high demand areas. This will be of benefit to you of what you get offered in exchange for your timeshare by timeshare exchange companies.
Compare the prices expensive is not always better.
Check the maintenance fee before you commit yourself.

You can buy timeshares for a lot less money than what resorts are charging. Many previous owners sell timeshares at a discounted price allowing you to buy for far less than what you would pay a resort. Go to internet and look up Timeshare Resales or Timeshare Auctions.

And you can always try before you buy. Rent a timeshare for your next holiday to see if you really want to buy timeshares.

Mortgage Broker Software Impress Your Clients With Software For Mortgage Brokers

Customer relationship management (CRM) is an integral part of a mortgage brokers job because it is extremely important to follow up with customers in a timely and respectful manner. This means leaving enough space between contact attempts, so as to not appear pushy or over-eager to secure a loan. Let mortgage broker software help you manage your client base, help generate mortgage leads and provide marketing automation for you to make your life easier and to grow your business quicker. Many software programs even offer additional benefits like loan calculations, all of which are automated and accurate.

You can now easily maintain a client database with a mortgage broker software program, as it allows you to view your current loans in progress online in an easy to use manner. Alternatively, a searchable database allows you to locate prior clients when you have new offers that may interest them. The possibilities are endless to improve workflow and increase mortgage CRM when you use a reputable software program, for instance you can create comparison charts for various options to display to your refinance customers.

Maybe a 20 year note would be a more cost effective solution, as opposed to keeping your mortgage payments on a 30 year note. Its never been easier to show them their options as it is now, thanks to these easy to understand comparison charts. You can even utilize hundreds of marketing templates to produce flyers that look professionally designed as well!

Mortgage broker software programs are compatible with standard loan applications like Fannie Mae and Freddie Mac. These programs are specially designed to speed up the application process because they offer user friendly electronic alternatives to filling out forms. Submit PDF loan applications via email to your clients, that way they can print and sign them at their leisure, or fill them out electronically and email them back. Going green is another advantage to this type of software. You can eliminate printing multiple hard copies of applications for others involved in the mortgage process, like loan officer assistants and mortgage underwriters. All of these advantages make a smooth, seamless process for you and your clients.

You are also likely to increase your customer retention rates when you use mortgage broker software programs. When you engage the services of a professional company with reliable software, you open yourself up to incredible results. The benefits to working with a professional company includes customized software solutions that can help build your business from the ground up, or obtaining targeted solutions for portions of your mortgage broker business. Ongoing technical support is also a standard benefit with software packages you purchase. Researching all of your options for software solutions can help you obtain the program that is right for your company and your budget.

The Dallas Condominium Market Continues To Surge

Someone forgot to tell Dallas that the real estate market has cooled off.

This booming, major metropolitan area has enjoyed phenomenal growth in the condominium sector thanks, in part, to its four-star restaurants, unsurpassed cultural activities, world-class shopping, a flourishing financial and business district and a spectacular skyline, all of which have attracted young professionals and baby boomers looking for a simplified, exciting lifestyle.

Old industrial sights and abandoned neighborhoods have given way to condo living at its finest throughout Dallas. Much of the growth has been attributed to Dallas efficient, light rail system, which allows professionals to ditch the car in favor of more resourceful means of transportation. What could be better than residing in a high-rise, luxury condominium, just steps from all of the excitement and opportunities of the city? Well, how about a panoramic, city view. Or a putting green. Or a rooftop, saltwater swimming pool. Or a full-service spa. Yep, this is what condo living in Dallas is all about.

Whether you enjoy Uptowns trendy, urban district with chic restaurants and high-profile developments, or the art galleries, retail shopping and efficient transportation of the Downtown area, luxury condominiums are catering to young, urban professionals and empty nesters searching for their slice of the condominium pie. And condominium developers are not shy when it comes to catering to their residents. Twelve foot ceilings, hardwood floors, gourmet kitchens and stainless steel appliances are the norm. Its those other resort-style amenities, like private movie theaters, state-of-the-art fitness centers and acclaimed gourmet restaurants that developers are bringing to the table in hopes of standing apart from the crowd.

And a crowd it is. From Victory Park, to the Arts District, to Turtle Creek, Oak Lawn and Highland Park, condominiums are abundant and thriving. The Residences at Hotel Palomar, for example, located in the upscale, Park Cities community, is a luxury condo and loft community out to impress. This condominium community, aptly named by its developers as an urban resort, features over 70 condos on 5.3 acres of land. A full-service spa, gourmet restaurants, boutiques, courtyard villas and the four-star, Hotel Palomar are just a few of the reasons why prices can range anywhere from $300,000 to $2.3 million.

Victory Park is home to the W Dallas Victory Residences, a new condominium high rise which offers stunning, modern architecture with world-class interior designs, floor-to-ceiling windows and expansive terraces with awe-inspiring views. With prices ranging anywhere from $400,000 to $7 million, its no wonder that top-notch amenities, such as residential concierge service, a 24-hour valet service, an infinity pool and a full-service spa, are found here.

Just some of the other Dallas condo gems to be had include: Azure, which is built upon 15 acres and features 10, open floor plans with a luxurious, European design; Mercer Square, which is located just minutes from Downtown and boasts modern architecture and magnificent, Dallas views; and the Sorrento, which is located in North Dallas and features resort-style amenities and up to 2,890 square feet of living space.

According to Downtown Dallas, the number of new residences built within one mile of Dallas central business district area has increased five-fold over the last ten years. And based on the cranes hanging out all over Dallas, it looks like the boom is here to stay.

So What Exactly Is A Real Estate Bird Dog – Aka Property Locator

What is a Real Estate Bird Dog? AKA Property Locator

So what exactly is a Bird Dog / Property Locator? Bird Dogs, at least when used in the Real Estate lingo, are also known as Property Locators, Property Finders or Jobbers. They are the eyes and the ears of real estate investors that find properties for real estate investors to buy, properties they wouldnt be likely to find on their own.

Bird Dogs go out and find undervalued properties for real estate investors! Bird Dogs do not purchase the properties themselves; however they search neighborhoods, communities, counties, cities, and so on, looking for properties for real estate investors to buy. With a little experience, many real estate Bird Dogs advance to becoming a Wholesaler, which is actually taking control of a property (getting it under contract) and then selling it to investors.

So how does a real estate Bird Dog benefit from doing all the searching but not having to fork out a lot of moola? Investors pay Property Locators in cash when the Bird Dog finds a property the investor likes. These properties can be almost anything: single family houses, multiplexes, duplexes, apartment buildings, commercial buildings, or land.

Investors typically pay Bird Dogs what is called a Referral Fee of around $1000 or more. My personal opinion is that Bird Dogs should be paid a lot more than a mere $1000 if the deal they find makes an investor a lot of money. It should be more in the realm of 3 of the net profit the investor realizes. (Note: you need to check the laws in your state because in some of them it is illegal to pay referral fees.)

If you get good at property locating you might want to advance to the Wholesaler stage of real estate investing your reward from a deal can much more lucrative because you are doing a lot more work. Wholesalers actually gain control of the property by having some type of written agreement with the seller of the property. They then sell the contract to other investors with a wholesaling fee attached to it.

Pros And Cons Of Every Type Of Condominiums In The Philippines

Condominiums is one of the of the most popular types of housing in the Philippines today. Many Filipinos have come to consider living in a condominium basically because of several advantages or benefits that the other types of housing cannot provide. So what are the reasons why condominiums became so popular in the Philippines?

Why condominiums are popular
One apparent reason why condominiums became popular is because of its affordability. A condominium unit would usually cost around half the usual cost of a house or a townhouse, ranging from P500,000 Philippine Pesos to P2,000,000 Philippine Pesos. Although not as affordable as renting an apartment, buying a condo unit allows its people to achieve a more permanent residence than that of apartments.

Other than its affordability, there are other advantages to owning a condominium. However, this greatly depends on the type of condominium. Currently, there are two major types of condominiums available in the Philippines market today. One is the condominium building while the one is a the condominium complex.

Advantages and disadvantages of condominium buildings
Condominium buildings are usually found near or inside major business districts and commercial areas. The advantage of owning a unit from a condominium building is that it allows its residents to be within walking distance or mass transit distance to their work place or commercial areas, such as those found in Makati City.

The disadvantage, however, is that it can’t provide the same luxury which is usually found in condominium complexes. So what are these advantages that made condominium complexes popular?

Advantages and disadvantages of condominium complexes
Unlike the condominium buildings, almost all condominium complexes has amenities which are usually not available when buying a house, or usually found in expensive townhouse complexes. Amenities include resort facilities such as swimming pools, gyms, parks and playground equipment. However, the disadvantage of condominium complexes is that most of these are found outside cities, mostly in the outskirts or in provincial areas such as those found in Tagaytay.

Although this made it harder for residents to get back to the city, especially because of rush hour, it did provide a way for residents to enjoy a life outside of the busy streets of a city. However, according to several philippine real estate experts, there are some condominium buildings that could provide a small amount of amenity, such as indoor swimming pools and gyms.

Mumbai Continues to be the Leader in Real Estate Market

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

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

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

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

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

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

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