Market Trend For Real Estate in 2012?

The recent trend on apartment and home prices in the Bangalore city. As everyone aware, last year home prices reached a peak in Bangalore city. It is because of the excess demand and people gone crazy on buying the houses just for investment. Many people start buying more than one house to thinking of selling it later in higher price. But, the dream comes to an end and the entire world is in economy trouble. It affected real estate sector mostly by reducing the demand for new buyers and most of the builders started slashing the prices.  In this article I will explore the current trend in the Bangalore and is it the right time to purchase the new house?

Builders in Bangalore

There are many builders in Bangalore who have invested thousands of crores in building the apartments. Notably the prominent builders like Mantri Developers, Shoba Developers, ELF, etc. They are feeling the pinch of global recession and could not sell any of the apartments. According to the news, DLF has stalled all the ongoing projects because already finished projects are not yet occupied.

India’s largest real estate developer by market value, DLF Ltd, has slashed the pre-launch booking price of apartments at its debut residential project in southern Bangalore as the current slowdown dampens demand for realty.

Why home prices will come down further?

The simple answer is there is no demand for the houses. When people could not afford to buy the houses, there is no hope for increasing the demand in the real estate sector. From some my research and knowledge on the industry, I would say that the world economy is in the worst condition and will be in the extreme at the end of this year.

There may be few talks about the growth in the sector after 6 months, but that is purely eyewash and marketing talk.  So,  don’t hear those words and plan your purchases to survive this worst economy crisis.

You can expect the price reduction in the coming months and wait for some more time. This is not right time to buy a house, please wait for another few months and plan to invest in the real estate. There will be some more correction in the home prices .

Can You Make Money Real Estate Investing?

You know, I’ve probably had more people ask me whether they can make money in real estate than anything else. The truth is that it’s not rocket science.

One thing that you should understand is that all businesses work using the same three principles.

1) Purchase a product or service at a set price
2) Sell the product or service at a higher price than it is purchased for
3) Achieve this in a measurable time period

In order to make money real estate investing, there are two basic things you need to clearly understand.

a) How to Buy Real Estate

Real estate rarely sells for a significantly higher price than it costs to purchase. That means the first step to making money real estate investing means knowing how to buy property for less than market value. Making money real estate investing is both an art and a science but there are repetitive techniques that will help achieve this with regularity.

The first key to making money real estate investing is to learn to buy your equity. Later, we will sell that equity and it will produce real tangible cash. Most new investors think that you make money when you sell the real estate. The truth is that your money is always made when you buy.
Most products and services have an average profit margin of 8% after all expenses are considered. Some more profitable products have profit margins in excess of 30%. Because of the huge cost of buying real estate, a 30% profit margin for the average investor can be more than a lot of people earn in an entire year. What you don’t achieve in volume you will make up for in the large profits produced by one deal.
If you understand how to buy a product for less than market value and there is a demand for it, you can always produce a profitable business from that venture. Real estate simply works because there will always be a demand for places to live.
b) How to Market Real Estate
The truth is that 90% of any business is marketing. Having your properties sell for full price quickly and often will help you cash out that equity and get paid. The key to making that happen will be in your marketing efforts. Unfortunately, because most businesses don’t understand marketing, this key lesson eludes them. If you comprehend creative marketing techniques, any type of business can work.
Consider the obviousness of this example. Which one of these advertisements is more likely to garner a lot of attention?
Of course. If you work smarter and harder, it’s literally impossible to fail. The real benefits though are the skills required to master making money real estate investing are completely transferable. Learning to buy a product with high demand for less than the market value combined with good marketing skills will make you successful in any business. It absolutely imperative for you to learn both of these skills and you can make money real estate investing.

Mahadevapura is an Industrial Center of Bangalore.

 It is home to the world famous Vishakhapatnam Steel Plant, one of the best steel plants in India. There are other major industries as well like Geers and Pinions, Jaico Automobile Engineering, United Telecom, IFB Industries and Graphite India Research & Development Center. These industries are spread over a huge sprawling area within Mahadevpura. Mahadevapura is a beautiful place with eucalyptus plantations.
Situated at a distance of about 7 km from airport, Mahadevapura Industrial Area is 1.5 hour drive away from the city railway station. Krishnarajapuram Railway Station is the nearest local railway station. Whitefield Road and Hindi main Road connect this place to rest of the city. 

SUNNY DEW

APARTMENT FOR SALE IN EAST BANGALORE MAHADEVAPURA.

Divya  properties  is a company whose strengths lie in identifying the right people and right opportunities. We have come up with the essence of affordable fine living, very spacious and luxurious design apartment that understands the requirements of its occupants.

Sunny Dew is the project located in Mahadevapura Behind HP Software Company. Currently Block 1 Is Available for Booking (Nearby MORE SHOPPING MALL) it has 2BHK apartments ranging from 1085 sqft to 1145 sqft.

Sunny Dew Project Highlights

Proximity

·         0.3 kms from outer ring road.

·         0.5 kms Whitefield main road.

·         0.4 kms from MORE Mega Shopping Mall.

·         1.0 kms from Pheonix Market City.

·         1.5 kms from K.R.Puram Railway Station.

·         2.5 kms from Marathahalli bridge.

·         Adjacent to HP Corporate office and ISCON Group Star Hotel.

·         Nearby Big Malls, International Schools and Colleges and railway station located.

Sunny Dew Project Specifications

 Structure

·          RCC framed structure with concrete block walls

Doors

·         Main door with teak wood frames with teak wood door shutter, internal doors with Sal wood frame

Windows

·         Aluminum windows with three tracks, safety grills

Flooring

·         Vitrified flooring in all rooms, kitchen. Common areas green marble flooring

Painting

·         Distemper paint for internal walls and enamel paint for wood and steel grills, exterior with cement paint with scratch finish.

Electrical Work

·         3/20 and 7/20 wiring with Anchor Dyna or equivalent quality Switches and sockets.AC provision in master bed room.

TV and Telephone

·         Individual TV and Telephone points in both bed rooms.

Kitchen Platform

·         Granite slab of 30mm thick and granite sink. Glazed tiles dodo up to 2feet above the platform

Toilets

·         Ceramic tile flooring and glazed tile dodo up to 7feet height with good quality CP fittings from Hindware and Parryware.

Terraces

·         Weather proof course of padding concrete

Lift

·         3 Six passenger Johnson/kone lifts

Water Supply

·         Water supply from Bore well and Cauvery Water

Amenities

·         Gymnasium,

·         Children’s play area

·         Club house (party hall/table tennies/ pyramid meditaion hall/billiards),

·         24hours backup generator,

·         24 hrs securities,

·         Rain water harvesting facility,

·         Intercom

Residential Property Loan Tips/Home Loan Tips.

5 tips for financing investment property
             

There's money for investment properties, but bring a big down payment.

With friendlier terms, a neighborhood bank might be a better fit.

Don't be shy. Ask for seller financing. It's more common these days.
But while prices are good, the days of quick-and-easy financing are over, and the tightened credit market can make it tough to secure loans for investment properties. However, there is some good news: A little creativity and preparation can bring loans within reach of many real estate investors.

If you're ready to seek out financing for your residential investment property, these five tips can improve your chances of success.

Have a sizable down payment

Mortgage insurance won't cover investment properties, so you need at least 20 percent down to secure traditional financing for them. If you can amass 25 percent, you may qualify for an even better interest rate, says Todd Huettner, a mortgage broker and president of Huettner Capital in Denver.

If you don't have the down payment, you can try to obtain a second mortgage on the property, but it's likely to be an uphill battle.

Be a 'strong borrower'

Although many factors -- among them the loan-to-value ratio and the policies of the lender you're dealing with -- can influence the terms of a loan on an investment property, investors should check their credit score before attempting a deal. It will have the greatest impact on a loan's terms.

"Below (a score of) 740, it can start to cost you additional money for the same interest rate. Below 740, you will have to pay a fee to have the interest rate stay the same. That can range from one-quarter of a point to two points to keep the same rate.The alternative to paying points if you score is below 740, obviously, is to pay a higher interest rate.

In addition, reserves in the bank to pay for all your expenses, personal and investment-related, for at least six months also have become part of the lending equation.

"If you have multiple rental properties, (lenders) now want reserves for each property.

"That way, if you have vacancies, you're not dead."

Vaastu Application For a New Home

Vaastu application for New Home : 
Your surroundings can have a huge impact on your life – to the point of affecting your personal happiness, your prosperity, even the opportunities that come to you in your life — thus making your choice of home a very important one. Because most of the important moments in our lives occur in our houses, the house itself becomes more than just four walls where we eat and sleep. That’s why careful consideration is called for if you are thinking about purchasing a home . Buying a new house is a big decision & hence it should bring happiness to your life. There are the types of considerations that are taken into account when you want to assess the vaastu of a home. Entrance to the home, bathrooms, bed room placement, kitchen arrangements, windows as well as the shape of the house is very much important.

Important points to be considered while following Vaastu shastra for Home :-
• Location of Entrance
• Location of prayer zone
• Surrounding of entrance
• Shape of House
• Location of Mater Bed room, Children room, Guest room
• Location of kitchen and internal arrangement
• Location of Electronic gadgets like computer, T V, Heaters etc
• Direction of toilets
• Colours for interior
• Direction of lower/higher zone
• Internal arrangement of Each room
• Location of staircase in case of independant home
• Energizing a home for peace and prosperity

Apartments V/s Individual House???

Apartment or independent house? It is an endless debate, which argue that builders must ensure that the apartments they build should be able to face the vagaries of time for at least seven-eight decades. As the cost of an independent house is staggering, not many buyers consider the option of going for one now.Land prices have rocketed and made the purchase of a site and construction of a house almost impossible.
                                             Today, the scene is completely different. Not only are concrete blocks mushrooming all over the city, large individual houses are fast disappearing with residents opting to give them up to developers.A typical apartment complex or gated community comes with clubs, a large community garden with plenty of area for children to play and pathways to walk.
The fact that fresh land for individual houses is no more available within the capital again acts as a dampener. Getting the desired location is a further incentive for homebuyers to opt for gated communities or apartment complexes. After listening to all these arguments,you are left with no option but to go for a flat. But,will your flat last more than 50 years or more??
                                               There is no doubt that given the astronomical land rates nowadays, building an independent house is increasingly becoming tough.However,experts are of the view that concrete apartment buildings in India last only for 30 to 50 years compared to the expectation of 70 to 80 years. The short life span is an economic burden for not only owners and residents but to the nation as a whole, a major factor influencing long-term service life of concrete structures is the nature of weather conditions. He is of the view that adverse conditions like ground contamination, high temperature, humidity and fluctuating temperatures can cause damage and reduce the life span of a structure.