Mysore, the second largest city of Karnataka, is located in the vicinity of India’s IT hub, Bangalore or Bengaluru. It is barely 140 kilometres from the capital city, Bangalore and is widely known for its festivities during the festival of Dusshera. Mysore is fast emerging as the next most preferred IT destination after Bangalore due to the congestion and resulting saturation of the country’s IT hub.

In order to support the growth bandwagon of IT leaders, Mysore has been chosen as the upcoming software nucleus. According to analysis of real estate sectors, it is actually the prospering of IT sector that brings about a boost in real estate trends of a city. Mysore is witnessing the launch of various IT projects, thus, leading to infrastructural developments and generating needs for expansion of real estate sector. Therefore, as evident by the increase in demand for both residential and commercial property and the consequent hike in property rates, the trends of real estate development in Mysore are no different. (more…)

As opposed to a pure senior living model, developers today are getting ready to launch inter-generational townships

Manohar Singh, a marketing professional who travels extensively, constantly worries about his father’s security and medical needs. The duo share a strong bond and yet cherish their independence. They’re looking for a modern housing option where they need not live under the same roof but at the same time stay close to each other. (more…)

Haridwar Greens, one of Uttarakhand’s largest integrated residential projects, was inaugurated by the state chief minister Dr. Ramesh Pokhriyal `Nishank.’

The project is being developed by Arrow Infra Ltd, promoted by The Hero Group, the two-wheeler and bicycle manufacturer. (more…)

Mangalore is the coastal city of Karnataka located on the Arabian Sea and highly blessed with breathtaking scenic beauty. It is one of the major ports of India that is around 300 kilometres away from the state capital, Bangalore. Mangalore is seen as the next IT destination as after exploring the market potential in Bangalore and Mysore, leading IT and ITes companies are moving to Mangalore.

According to reports by international property research agencies, the saturation of major IT hubs like Bangalore has lead to a boom in the overall development of tier-III and tier- IV cities. On their look out for new technology centres, corporate leaders are ready to establish their presence it tier-III cities like Mangalore. The main reason for giving preference to such upcoming cities is that:

- There is a lot of land available easily unlike the fully developed cities like Delhi, Mumbai, Bangalore, etc. that are now almost choked.

- The scope for development and leveraging huge returns on investments is much higher than in metro cities as they have already had a booming era.

- Property prices are much lower than in tier-I and tier-II cities and with government slashing the rates further to encourage more investments, corporate players evaluate  golden opportunities coming forth in smaller towns.  (more…)

Commercial property ­ shop, office space or plot ­ developed by DDA, is a safe buy

Arati Bhargava a C

People looking out for commercial property generally prefer to get those developed and sold by the Delhi Development Authority (DDA). That is because, first, the property has already been constructed; second it costs less than the market rate of the area and third, it is already be in a commercial zone.

In a DDA property the first buyer of the commercial space makes a completely safe buy. The reason being that he purchases it directly from the DDA and, therefore, there is negligible chance of any problem. When the DDA sells office space or shop it advertises inviting tenders. The person who bids the highest gets the shop. In the case of commercial space that is to be put on auction, the DDA declares the minimum reserved price and any bid thereafter has to be over and above that. (more…)

Getting a bank loan to finance a residential property purchase makes sense because you get to own a home early on in life and do not have to pay rent that escalates every year A look at the various options available

Many people might think that when there s an option of renting a house why should one take on a large liability and buy a house. The reason why they should (buy one) is that there is a major disadvantage involved in the process of renting a house. A tenant pays a monthly rent, and even after years of paying the rent no ownership comes to him/her.

On the other hand, there might be an equal amount e paid as an equated monthly installment (EMI) on a housing loan but the difference here is that the money is going for a property one will own. The real benefit from e the house comes in the form of capital appreciation. (more…)

When it comes to making money, lots of opportunities abound, whether it be in the stock market or in business. But these areas also offer a significant amount of risk. As a result, most people do not engage in these speculative activities. But real estate is something which more people can be involved in, simply because everyone needs a home to live in. However, no investment is entirely risk free, and so even here a certain amount of due diligence is required.

Buying a house is, over the course of a lifetime, a better way to save money than to rent. While mortgage payments and other expenses may initially be higher than the money one would spend on rent, this decreases over time as the interest on the mortgage is paid off and the principal amount is reduced. Once the mortgage is completely paid, home expenses are usually less than rent. Whereas mortgage expenses usually go down over time, rent stays the same and can even go up. (more…)

The Internet has become an essential tool these days that is very useful and efficient. These days, competition is increasing in every field. That is why people are planning and finding out new techniques and ways, with the help of which they can increase their profits and income. Affiliate marketing has become very popular these days because it can really increase the popularity of your website.

Due to inflation and recession, property and real estate taxes are increasing with a very rapid pace that is why people are trying to find out different ways through which they can reduce their property and real estate taxes.

If you want some tips and suggestions about lowering your property taxes you can easily take the help of various Real Estate websites that are operating on the internet these days. These sites have become very popular with the help of internet marketing. In this article, my main aim is to tell you about some tips with the help of which you can reduce your property and real estate taxes. (more…)

One of the most profitable areas of real estate investing is foreclosures. Foreclosures result when people can’t afford to make the payments on their house and end up losing it. Investors often pick up the properties for pennies on the dollar. Did you also know that these investors can also save a lot of people from having to go through the nightmare of a foreclosure?

What does that mean for you if you are just learning about investing in foreclosures?First, it is a huge opportunity to make some serious money.The most important key factor to making that happen is knowing what you’re doing.

It would be pretty overwhelming to try to figure this stuff out on your own. It’s not that investing in foreclosures is complicated. Ultimately it is a simple process once you completely understand the procedures. (more…)

Isn’t real estate all about buying and selling property? Well, yes, that is a large part of what real estate is about. However, there is a bit more to it beyond its most basic definition. Real estate is a complex form of equity venture that comes with many alterations and modifications to the traditional approach. Such differences in approach are clearly visible in the realm of a 1031 exchange.

So what exactly does a 1031 exchange entail?

The number 1031 refers to a section of the internal revenue code that deals with real estate tax issues. Specifically, this code deals with the exchange of property based on the deferred recognition of capital gains or losses when the property is exchanged. This means taxes on capital gains are deferred and not due. For those not familiar with the term capital gains, this is basically the amount of profit you have earned on the home due to increased equity or value. The reason for this is that no money has changed hands as the property has not been sold. Instead, one property has been exchanged for another. (more…)