How to Make Big Money from Real Estate

How to Make Big Money from Real Estate

Whether you are an entrepreneur or a working professional, a businessman or a salaried person, today you have a great chance to earn big money while investing in the real estate segment. It is one of the few areas where there can never be a negative growth and hence the opportunities are immense, but you need to tread on this investment path very carefully. We are presenting some tips on our own, read on.

The concept of Appreciation

It is opined by many real estate experts that the most common source for real estate profitability and prosperity is the appreciation of the real estate value. This is defined as the increase in the value of the property that a user has bought in. Appreciation can be achieved in different ways for different types of real estate segments.

Raw Land, Always On

Raw land is always important and has always been the source of wealth creation as it is in demand everywhere and gives great foundation for building real estate projects. It is important to note that it is the great source of appreciation for undeveloped land is, of course, developing it. As geographical boundaries of cities expand, land outside the limits becomes more and more valuable because of the potential for it to be purchased by developers. Then developers build houses that raise that value even further.

And yes, appreciation in raw land can also come as a big surprise from great discoveries. These discoveries can be of great wealth in the form of valuable minerals or materials, provided that the buyer holds the rights. Today, appreciation is also being experienced along the way of big infrastructure projects such as Delhi Metro or creation of IT parks or educational institutes etc. All these factors fan the demand for better living standards and hence, growth of real estate happens around these corners in a better manner.

Residential Real Estate

When people are looking for residential use of real estate, location often plays the most important part in their selection process and hence, creates a big impact on appreciation as well. As the nooks and corners or the neighborhood around a residential project evolves, emergence of schools, shopping centers, transit routes, parks, stadiums and so on, the value of the project and the locality also moves up.

Additionally, residential improvements can also speed up the process for real estate appreciation, and this is something a property owner can directly control. Putting in a new garden, or bathroom, remodeling to an open concept kitchen are just some of the ways a property owner may try to increase the value of a home, almost instantly. Many of these procedures have been refined to high-return fixes by property movers who specialize in adding value to a home in a short time and helping people in terms of making more money in a short span of time.

Finally

We have presented you some of the most trusted and verified ways and means to increase the value of your property and create better chance of wealth creation in a shorter span of time. As far as Delhi and the NCR region is concerned, today is surely the time when there are a great deal of chances in terms of residential projects that are ideally poised to deliver better and bigger returns on your real estate investment.

5 Critical Mistakes people make when Buying a Home, How You Can Avoid Them?

Critical Homebuyer Mistakes and How You Can Avoid Them?

Buying a home is a great dream that many of us have. However, it is always advisable to move cautiously and do not make mistakes while you go for buying your dream house. Here are a few tips from our side.

Buying a Bigger House than you need and afford!

It is good that you want to have that extra space for your home, but one should always keep in mind the affordability factor while looking for such long time investments. Hence it is always advisable that you settle for something which you and your family can easily afford for a loner time period. Remember that it is you have has to pay the EMIs to the bank, so it is always better that you fully understand your financial boundaries and freedom as well as limitations.

There is no need for you to unknowingly “open the door” to dark future and embarrassment by getting a home loan that you cannot afford on a long term. We recommend that you settle for a nice and comfortable property that is just ideal for you, financially as well.

Thinking “short-term”!

As most of the experts in the trade believe, investment in property is always a long term plan, hence there is no need for you to look for short term gains.

You should never think on a short term basis. Life should be taken seriously and always given a long shot, towards your big goals. Hence, look for long term prospects while settling in for real estate investment.

Are you waiting for the “bubble”?

This is unfortunate and another wrong thought. There are people who wrongly prefer to wait and see the bubble burst. This is surely not advisable. Hot markets come and go, similarly, cold markets come and go. Markets become over-priced, then over-time become under-valued. If you are waiting for a severe correction in real estate prices, then it is not a good idea, because you might be waiting a long time.

The best time to buy a good real estate is always when you are in good shape, both physiologically as well as financially. This means that you need to seriously look at making such investment ideally while you have a stable job and when you do not have any major liabilities on your pocket.

Selection of a real estate agent

This is a very important and an integral part of your real estate investment deal. It is always better that you go with an agent as it a safe way to make sure that you go get a transparent and completely organised way to complete the real estate acquisition process. However, you surely need to check the credentials of the investment agent before signing him on assignment.

You must contact different agents in order to make sure that you are getting the best. Ask questions and then trust your instincts as to which agent is the best one for you.

Overlooking Location

This is another important mistake that people do. One has to always remember that location of a property is one of the most important criterion for selection. Hence it is always advisable for you to clearly look at the location factor and ask some of the below questions to yourself.

How far is the property from schools, shopping complexes? Is there a medical center or hospital nearby? Is there any metro station close to the property? Answering these, would surely give you a clear idea about the positivity about the location of such properties.

Ajnara Panorama Yamuna Expressway, Greater Noida

Spectacular location. Scintillating views. Superb design. It’s the home that will soon become talk of the town. Situated next to the expansive Buddh International Race Circuit or the F1 Track in Greater Noida within sprawling Ajnara Panorama, a self-contained mini township, Vice Royal apartments is fine amalgam of well-designed single as well as double room Studio Apartments.

These are ‘rooms with views’ and a lifestyle statement for the select few.

For More Information & Booking Call us at +91-8377005039

Ajnara Panorama Yamuna Expressway Location Map

 

Ajnara Panorama Yamuna Expressway Site Plan

 

Ajnara Panorama Greater Noida 2bhk 975 Sq. Ft. Floor Plan

 

Ajnara Panorama Greater Noida 2bhk 1115 Sq. Ft. Floor Plan

 

Ajnara Panorama Greater Noida 2bhk 1250 Sq. Ft. Floor Plan

Ajnara Panorama Greater Noida 3bhk 1395 Sq. Ft. Floor Plan

For More Information & Booking Call us at +91-8377005039

 

How to make your money work for you?

How to make your money work for you?

As you start your quest towards investing your savings, there are some important rules you should follow. We are presenting some of the important guidelines which are sure to increase the value of your investment over time and make your money work for you on the long run.

Right Investment, all about Goals:

First, you have to decide on your investment goal. Decide what it is that you are trying to achieve from this investment. What is the final outcome that you want from your investments and what is the timeframe that you are looking at for your investments? You also have to think about debt – is investing the right option for you right now? These are some of the important questions that you need to ask yourself internally while making your investment call.

Risk Assessment:

While doing your investments, you need to know what type of investor you are – essentially, how much money are you willing to lose? How much volatility can you withstand? All this information will help in terms of determining your risk assessment for your investment.

How you want to invest your money:

You must understand, what mix of investments suits your investor type? Bonds, shares, property, bank deposits? Will you invest directly yourself or use managed funds? All this helps in terms of determining your investment style and hence drive better results for your investment. This surely results in your money working for you in a better manner.

Homework is Important:

Homework is always important and this will help you derive better returns on your investment. Hence for this you have to research, compare and contrast everything – or get someone to do that for you. Read the business sections of the newspaper, go online, talk to your adviser, bank manager, or accountant.

Research different companies’ investment options:

If you are going to invest directly in a company, find out which companies suit your type. Do they offer the kind of investments you are after? What are the rates of return for each investment? What is the level of risk associated with the return?

Spread your risk:

It is never advisable to invest in only single direction. Hence, you need to spread your risk around different options and different companies. Just as an example, if you are looking at high-risk investments, you can balance your risk with other investments in lower risk areas, such as bank deposits or cash and bonds. When you are looking at your money to work for you, you have to follow the above set of guidelines and prosper ahead.

Tips to Better Negotiation

Experts from the finance side always tell you to negotiate for a lower price on everything from buying an expensive car to purchasing your home. But this requires you to do two things that are kind of uncomfortable in any situation – talk about money, and try to get someone to do you a favor. But we are presenting some tips that are sure to help you make the whole thing less painful.

1. Homework always helps

Most important is the fact that having good information beforehand is one of the key principles of negotiation. How to Convince, Collaborate, & Create Your Way to Agreement says that if you have done your research and understand the reasonable value of the item in the market and understand what you are willing to pay, you will be in a much better position to support the reason you are negotiating for a better price.

Well, doing your homework isn’t just about finding out what the typical going rate is for something, although that’s just a small part of the process. It is also about knowing when you’ll walk away.

It important to note that before you negotiate on anything, you need to ask yourself how important it is for you to get it, and at what point you’ll be willing to walk away.

And the way you negotiate for something you absolutely need, that day will be different than the way you discuss something you could buy at any point in the next six months. And if you know beforehand what constitutes a good deal to you, you won’t get dampened by anything.

2. Make your thoughts clear

Clear thinking always helps in making the right decisions and people often shortchange themselves by assuming certain items are non-negotiable, or by assuming negotiation is “greedy.”

It becomes important for you to express your concern respectfully, keep your feedback as objective as possible, and you will be surprised how often people will understand your feelings and give in positively for you.

And if you’re worried about seeming greedy or getting denied, think about what you bring to the table. Also, think about why someone might want to say yes to you, not just why they would want to say no.

3. Always Aim High

You should always looking for the higher plane and anchor your thoughts accordingly – “ask” as aggressively as you possibly can, while being able to back it up with black and white.

And yes, one big mistake many people make is to assume that when someone says “no,” the matter is closed for discussion. This is true that, often the timing just was not right the first time so a second ask might do the trick for you on the positive note.

4. Always Anticipate counter-arguments

You need to look for counter arguments while you negotiate. This is one of the basics of the art of negotiation. You also need to prepare yourself to present interesting facts to pre-empt counterarguments: Once you ask and give a rationale, surface the objections you think you will hear. This will always help you to negotiate in a better manner and create wining situations for yourself.