Luxury DC Apartments with Real Jacuzzi Tubs in the Bathrooms

Moving to the Beltway area was a little weird for me. I was used to very small towns. Of which, many of them were so small they did not even have a traffic light in any of them. I would commute to the city, but I preferred rural or suburban living. Now my wife and I found ourselves searching for apartments for Washington DC that were luxurious and packed with enjoyable amenities. Out of all the places we looked at, we liked Westbrooke Place the best.

The kitchen caught my attention first. It has a stone and glass backsplash. The countertops are granite, and the appliances are stainless steel.Read More

Considering a New Apartment with a Pool

When I knew that I was relocating to the Las Vegas area, I immediately started looking at apartments. I wanted to make sure that I had a place to live by the time I started my new job. I didn’t have any friends or family in the area that I could use to refer me to a good apartment, so I went online to search for Spring Valley Nevada apartments. There were some things that I knew I had to have in my new apartment. First, really wanted to feel like I was living in the lap of luxury. I wanted to come home and feel like I was living in an upscale location.

As soon as I found these apartments online, I knew that I had found home. They looked like they were newly constructed, so I knew that all of the amenities offered with meet my rigorous standards.Read More

I Have Been Working All Day

In fact it should not have taken that long, but the truck driver and I spent a good deal of time in traffic, just like any other day in Singapore. Then we had some issues with the finding of the www.parclife.net, everything out there is new and I have not really been there before. The driver said that he knew where it was, but he was on the wrong side of the reservoir and even though we could see the buildings, that did not mean that we could figure out how to get there. We asked this old guy we ran into, but he did not really give us very helpful directions. So we were about three quarters of an hour just wasting time and then when we got there the cart that we intended to use was not in a working condition. We looked at it for a long time trying to figure out a way to get the wheel back on it, but the fastener was missing and it was useless without it.Read More

Moving to California Was Easy

I was so excited when I found out that I had gotten the job at the medical center I had sent my resume to just a month earlier. I thought that the process would take a lot longer than that, so I was relieved when they told me that not only did I get the job but I would have at least four weeks to get settled in since I was moving 400 miles to take it. I quickly began looking at apartments for rent in Colton California because I figured it would be better to get settled quickly and look for a house after getting to know the area better.

The main thing I wanted was to make sure that the apartment that we would end up getting was in a good school district. My wife and I have an eight year old daughter, and we wanted to give her every possible advantage there is. My wife is the one who found us a nice three bedroom unit at The District at Grand Terrace Apartment Homes.Read More

I Really Got a Big Break

In fact my old job was about to vanish into thin air when I got this phone call. It was a huge stroke of luck. I had worked with the guy about five or six years ago, when I was straight out of Cal Tech. At any rate he had an ulterior motive, because the guy that used to have this job had also been his roommate. He was living in this luxury apartments in Mission Viejo, not that far from the beach in this really beautiful neighborhood. At any rate I was happy as I could be to get the job offer. So the next day I took the day off from my job and drove down there to do the interview. When I got there I was really knocked out by the woman who interviewed me.Read More

I Moved in with One of My Classmates

I did my homework this time, and the two of us got pretty lucky because he knew this other guy. Without the three of us this plan would not have been a very practical idea. Obviously you save money by getting a two bedroom place and sharing the cost, this idea works even better with three roommates. In fact we found some nice apartments in Oceanside CA that are not really that close to the campus, but they are close to the beach. It is an easy bike ride to the beach, and of course I love to surf. It is really great because I met a whole group of girls who get up early and go surfing here almost every morning. Three of them live in the same complex as me, which is called Capella at Rancho del Oro.Read More

Understanding the Real Estate in Delhi

In simple word, Real Estate is someone’s interest in land. It can be either a leasehold or ownership interest. Basically Leasehold interest only exist when an actual owner of property (land) pass certain rights of the land to a tenant in exchange of money as rent.At another side of real estate, Ownership interest is the interest of an investor who is given the full right of land. The investor takes the whole responsibility of land like paying the taxes of land, claiming the losses due to the different natural disasters, legally using the land. If you have a home that you own, you are said to have an ownership interest in that home. But if you rent an apartment, then in real estate you are supposed to have leasehold interest.

The business of real estate is renting, selling or buying building, lands or housing .The property that includes land and all the resources available in it whether it is natural resources or buildings in it.

Real Estate in Delhi

In India, Delhi real estate is looked in context of the economic situation of India in wholesome. The Indian economy is boosting with growth rate of GDP 8.5-9% making a group of highly dynamical investor who have significant income. Most of the investor are highly concerned to invest in housing mainly in metro cities. As a result, there are enough residential units sufficient for the next decade, the price is believed to get increase 10-15% in coming five year. Since the salary is not going to increase within five years of this time, if any middle class family is planning to buy a house in real estate of India then they will end up paying their 20 years of salary in order to have their own house. That is very high price to be paid in compare to any of the western part. The lower middle class family with end up looking for rented houses due unaffordable housing resulting the pressure on rental. Thus, the government and the tax office needs to look after and control the selling part in real estate.

Major development of real estate in Delhi, compare to properties in ahmedabad, area is the migration of people to the capital. Since Delhi is the commercial center as well as center of bureaucratic power of North India. Due to the development of different service industries and job opportunities in government sector has resulted the migration and raise in economy of Delhi. Thus to meet the demand of housing of migrated population and office space, it has led to establishment of National Capital region which includes National Capital Territory of Delhi along with selected urban area from the neighboring states of Haryana, Uttar Pradesh and Rajasthan. This region scales total area of 34144 Kilometers.

Out of the numerous regions of National Capital, Noida and Gurgaon has become the micro –market to Delhi. Many investors’ destination has been this satellite town to start real estate activity due to the connectivity of road, availability of large lands, access to talent pooled

Main Categories of real estate in India:

Condominiums

Builder flats

Co-operative Housing Societies

Chawls

Villas

Kothis

Havelis

Independent floor

Lal Dora

Growing Trends of Real Estate Investments in Chennai

India is the country with high economic prospects and possibilities. Among various metropolitan cities of India, “Chennai” which was also known by the name of “Madras” until 1996 can be considered as the fourth largest city among the entire metropolitan city all over the India. It is exactly located on the coast of Coromandel and also known as the capital city of Tamil Nadu. As the overall industrial activities and economy of the place are growing with rapid succession, a large number of people is migrating in the Chennai from various areas of India as well as Tamil Nadu. Demography shows that PGR or population growth rate of the place is about 7.77%. And the very place has a connection with quadrilateral system highways where the metro project is known as” CMRL” is also in construction process with the link in different cities. The economy of Chennai is very well balanced as there is a steady balance between service sectors and manufacturing with diversification in software, automobiles, healthcare, automobiles, financial sectors, and hardware manufacturing industries etc. Likewise, infrastructure projects are going very well with rapid progress. Real estate in Chennai has bright future comparatively properties in Ahmedabad and another tier 2 cities.

Real Estate Investments in Chennai

Residential properties in Chennai are progressing rapidly and evoke around 7% price appreciation every year. There has been massive growth in price supply as well. There are some peripheral parts such as properties in GST, OMR, Maraimalai Nagar with rapid progression. Likewise, other areas like Rajiv Gandhi Sala, Guindy, Velachery, and Paramania supposed to possess large demand for large residential supply as there is the lack of residential lands in central parts of the city. It has been observed that there are about 45,162 properties which are for sale and distributed around 17 % commercial, 80% residential and rest 3% goes for retail. There are other rental commercial areas like Nungambakkam, T Nagar, and Anna Nagar. These micro markets have rent ranging from ninety rupees to hundred fifteen rupees per square feet. In Ambattapur, price per square feet is 4210 inQ3-2013and high rent of nine and low often. Likewise, the price for Adambakkam is 5910 and rent are eleven for high and 14 for low. Advani has the price of 12330 with low rent of 30 and high rent of 24. Similarly, Anna Nagar has the price of 9080 with rent of nine and sixty-four each for low and high. Charges are set by the government with property registration charges and electricity or water supply charges. There is stamp duty about seven percent. And one percent charge of property rate. Agreement value for VAT is seven percent whereas service charge is three percent. Electricity charges can be defined according to units. There is no any doubt that real estate is doing wonderful progress and all kinds of commercial, residential and retail markets are growing with progress. Not only that, it has been promising splendid and productive results in upcoming days. It has proved to be one of the most popular trade centers of India. Educational institutes or universities are spreading widely. Some of the major real estates of Chennai are Amir castle, Srivari Villas, RC Houston, Green City Extension, Asthma Abhinav, Green Meadows(GVSPL), Akshaya, Maya apartment, Mathru Krupa, KVR Anandham, Maurya apartment, Sri Shakti apartment, Mahalakshmi Apartments, loyal nest, Sri Suprabatham etc.

How to be Successful in Real Estate Business

The real estate business is no doubt very challenging and money fetching but it involves a lot of risks too. It is the efficiency of the real estate agent to prove himself in the market when it is full of so many competitors in the market. It is very important to reach the customer and satisfy them. So it becomes essential to have good communication skills. Studying at Northeastern University you can get the best communication skills you always wanted to have.

real estate business

 The buyers today are very clever and informative hence need to understand their needs and meet the level of satisfaction is the duty of any real estate agent or firm. It is very important to win the trust of the customers by providing the best quality product keeping in view their interest and financial status. There are few following successful steps to build positive and result from giving relations with the customers:-

Advertisement: –    Make use of social media and print media to reach your customers. You can also arrange seminars to gather potential buyers of your property by this you not only know about your clients but also give them chance to know about you as well. These types of seminars help to bring a better understanding of your listing and act as a bond of trust. This face to face talk gives you chance to explain your all projects and give real pictures of your listings.

Make yourself Unique; – In the competitive market of today you got to stand out from your competitor, then only you can hope the customer to prefer you over others. You got to think of methods to make your customers to come back to you. Must keep your database up to date with recent information and let your customers have the quality experience with you.

Gifts and Incentives: – Customers prefer to have incentives and gifts, try and give them a deal which is beyond their expectation and unique from your competitors. You must assure them that you fulfill your promise made to them.

Innovation and changes: – It is a very important to point to take care of changes are the continuing processes in any business one should not sit back and relax. Thinking process and innovation should be part of your business to meet the expectations of your customers. Continue survey of the market is must understand the behavior of customers and simply the changes in your business to attract customers.

Take help of real estate agents; – It is rightly said producing an item is easier than selling it, so if needed do not hesitate to take the help of experienced agents to dispose of your property. By doing this you not only get better buyers but also save your time to concentrate on your other projects or business. These agents are full of tricks to attract customers.

Last but not the least is the reputation of the firm which matters a lot and one must take care to meet the promises made to the customers whether it is delivering the project on time and the quality of the product. This way you not only built the trust but also your customers act as ambassadors for your future business

Information when looking for Waterfront Properties in the Bahamas

Properties in the Bahamas

Are real estate agents and brokers licensed in The Bahamas?

Yes; brokers and agents are licensed by taking a written test administered by The Bahamas Real Estate Association (BREA), which is an international member of The National Association of Realtors.  Many BREA members hold various accreditations, but the public is urged to ask for and only use the services of brokers and agents who are BREA members.

How do you establish residency in The Bahamas?

There are two categories of permanent residency in The Bahamas.  The categories are permanent residency with the right to work and permanent residency without the right to work.  The government of The Bahamas has set specific guidelines that allow for non-Bahamians to establish permanent residency in The Bahamas.

How long can you stay in The Bahamas without establishing permanent residency?

Visitors are permitted to reside in The Bahamas for as long as 8 months at a time provided they can show proof about their financial support for the time they’re in The Bahamas and have a return ticket to their home country or some other country that would be willing to accept them.  Visitors may reside in The Bahamas but are not allowed to engage in any kind of activity that would be considered gainful employment without first obtaining a work permit.

What costs are involved when buying and selling real estate in The Bahamas?

Typical sales of property are considered “gross” sales, in which it is assumed that the seller will be responsible for payment of the following costs:

  • If an agent is involved, commissions are paid as follows:  6% of gross sales prices on developed residential property and 10% of gross sales price on undeveloped property.
  • Government Stamp Duty is a tax on the conveyance of real property, payment for which is split between the seller and buyer.  The Stamp Duty tax is graduated and calculated as follows:  4% when the value of the consideration is less than $20,000; 6% when the value of the consideration is more than $20,000 but less than $50,000; 8% when the value of the consideration is more than $50,001 but less than $100,000; 10% when the value of the consideration is more than $100,001.
  • Seller’s legal fees for a sale or purchase are based on the property value and are generally 2 ½% of the first $500,000, 2% of the next $500,000, 1% of the next $4,000,000 and ½ % of amounts larger than that.

The purchaser of real property is responsible for payment of the following costs:

  • One-half (1/2) of the Government Stamp Tax as outlined above;
  • Purchaser’s legal fees, as outlined above, which include the attorney’s opinion on the title to the property and is considered the same as a title search
  • Court recording fees of $3.50 per page for property conveyances and other closing documents that have to be recorded;
  • Payment for the permit issued under the International Persons Landholding Act (if applicable).

If the property sale is considered a “net” sale, the purchaser will be responsible for payment of all of the fees outlined above.

Are there qualified architects, engineers and contractors available to construct residential or commercial property or make changes to existing structures?

Yes, there are many qualified individuals who were educated in the United Kingdom, Canada or the United States and have international accreditations.  A local Board of Architects licenses architects and the leading contractors employ only civil engineers with international accreditations or have certified engineers on staff.  Electrical, civil and mechanical engineers were also educated in other countries and are licensed by their respective local Boards.  These qualified professionals have international accreditations from the countries in which they attended school.  The construction industry is regulated also, but applies less rigorous standards regarding qualifications.

Can I use the services of a non-resident architect or engineer? 

Yes, but that person must obtain a permit to work in The Bahamas.  All building plans must be submitted to the Town Planning Board and the Ministry of Works document must be signed-off by a local, licensed architect or engineer.  Local procedures and customs vary, so it is highly recommended that you utilize the services of the local professionals.

Do I need approval to build on property or make changes to existing properties?

Yes, you need approval of the Town Planning Board and a building permit that is issued by the Ministry of Works.  A local architect or engineer can assist you with permits.

What are the costs of construction?

Most homes that are built in The Bahamas are made of poured concrete construction or concrete block and must meet very strict building codes.  Building costs vary widely depending on the building site and materials used.  The cost to build a modest house of concrete block with timber roofing and asphalt shingles is between $100 and $150 per square foot.  Average houses with top of the line features like marble floor tile or Corian countertops cost between $200 to $400 per square foot and you can expect to pay upwards of $500 per square foot for luxury homes with the finest finishes and details.  Costs for this type of home will be approximately 40% more in The Bahamas than a similar house in southern Florida, mostly because of freight, delivery and duty costs to the site, which represent about 65% of the F.O.B. material costs.  Building standards in The Bahamas are, however, higher than they are in southern Florida.