Archive for September, 2010

Mumbai Property Prices: Up, Up and Away

September 24th, 2010

Rising prices of Mumbai’s real estate has always made news. This week politician and actor Vinod Khanna bought the country’s most expensive 3-bedroom flat in Mumbai’s Little Gibbs Road on Malabar Hills. This luxurious flat in Il Palazzo cost him Rs 30 crore.

Earlier, in January this year a property analysis had suggested that rental values in Bandra-Kurla complex and capital values for commercial property are highest for Nariman Point. These property hotspots were ranked in the top ten list of global order.

Sample this, capital rates for residential segment in Marine Drive ranges between Rs 12,000-20,000 per sq ft. Even the suburban areas like Jogeshwari, Malad and Borivali command property price of Rs 4,800-6,500 per sq ft for residential segment. This is by far the highest property rate all over India. Property prices in Delhi’s posh areas like Model Town, Jor Bagh range of Rs 8,250 – 11,000 per sq ft.

On » Read more: Mumbai Property Prices: Up, Up and Away

Puerto Vallarta Commercial Property Is Key To Real Estate Boom

September 24th, 2010

When you think of Puerto Vallarta Real Estate, you may think of the lovely homes and well-appointed vacation villas that have been housing residents and visitors for years. While these Puerto Vallarta vacation homes are an important part of the real estate scene, Puerto Vallarta commercial property is also an essential part of this beautiful destination.

From the shops that hold treasures for every visitor to the fine restaurants that offer some of Puerto Vallarta’s most delicious food, Puerto Vallarta property can be a solid investment for anyone who is serious about investing in the real estate market. When you make an investment in the Puerto Vallarta commercial property market, you’re making an investment that is likely to grow with time as the beaches and cultural attractions of this beautiful destination become more popular. While nothing is ever guaranteed in the Puerto Vallarta real estate market, purchasing commercial property in Puerto Vallarta ma » Read more: Puerto Vallarta Commercial Property Is Key To Real Estate Boom

Commercial Property Forced Appreciation

September 24th, 2010

Forced appreciation has often been compared to printing money. In apartment investing, taking a few simple steps this will give you the ability to increase the commercial real estate rents.

Forced appreciation is often as simple as new landscaping for your investment, or adding amenities and services such as cable or wireless Internet service. They are simple steps that are not overly expensive, but that give you the ability to raise rents higher than the past owner was able to get for the property. You can also offer premium suites to discerning tenants. This may have an initial cost for refurbishing, but it will also allow you to rent them at a much increased price. These simple ways allow you to use your property management to create a better environment for your apartment investing, giving it an advantage and creating an increase in income.

You also have the option to impose and enforce late fees on any non-paid rents by tenants if » Read more: Commercial Property Forced Appreciation