Category: Property Investment

Jaipur is the largest city of the Indian state of Rajasthan in Northern India. The city is unusual among pre-modern due to its regularity streets. It has a semiarid climate and is economically ranked 31 among the 50 emerging cities. Delhi NCR (national capital region) is territory found in NCR that is a metropolitan area that is smaller than Jaipur and has many educational institutions. Delhi is also a town that is surrounded by counter-magnet towns. (towns that can be developed as alternative centers of growth and migrants.)

From the description of the two areas it is clearly seen that buying property in Jaipur is better deal over Delhi NRC. There are many reasons to prove that right. Jaipur is established and has better infrastructure,making it possible to run its activities such as tourism and sports. This is an indication of availability of ready products from many scales of preference and of affordable prices. Availability of good architecture in Jaipur also proves the existence of a good city favorable for investment in aspects such as real estate where consumers are readily available and able.

Delhi being a small area in NCR,it is not an ideal place for real estate as the environment comprises of mainly students who are there only for sometime. Since its a small town surrounded by other urban areas,prices are slightly higher and there is no good consumer varieties due to lack of competition. There is also lack of good infrastructure compared to Jaipur making it a rather unsafer place hence not much investment is recorded.

A higher population is also recorded in Jaipur. This identifies competition among businesses which promote delivery of high quality outputs. Technology and specialization is also practiced in Jaipur because of its high standard being hence coming up with awesome items to deliver than Delhi.

Jaipur is rising as one of the most preferred new destination of high-class lifestyle in India. Seriously viewed as an alternative to Noida and Gurgaon, it has arisen as the second fastest growing city in the country. With smooth and better roads, air and rail connectivity to commercial capital Mumbai and, the national capital New Delhi, this famous tourist destination has now arisen as a new star in the real estate market. In a nutshell, real estate Jaipur is definitely on a spin.

With several new information technology projects coming up in the area, Jaipur has arisen as an important IT destination. Many international and Indian companies and groups are strengthening their foundations in the city. As corporate demand would also require high-quality residential infrastructure and properties to support current expansion, the city is also witnessing a horde of ultra modern projects by all the leading national as well as multinational companies. Recently, a reputed multinational has bought an 800-acre plot in Jaipur for $110 million to build a five million square meters integrated township which will include offices, commercial spaces, and residential units.

When a famous company announced its multi-product Special Economic Zone in the capital city of Rajasthan, many famous real estate builders declared their residential plans to lodge the final demand. Most of the new projects are integrated townships being developed in the neighbouring areas of Jaipur. For Example, the plan launched by one of these companies on the outskirts of the city will contain 4000 units including studio apartment (costing Rs 9 Lakh), 2BHK ( Rs 17 Lakh), 3BHK (Rs 21 Lakh) and 4BHK (Rs 25 Lakh).

The information technology growth in Jaipur is seen by experts as the real breakthrough for real estate business growth. Being located at a five to six miles drive from Delhi on Mumbai-Delhi Highway, the city has a well-developed transport network which offer connectivity by all means of transportation and the soon to come metro link will also an added advantage.

According to the report of an NGO, Jaipur is the fastest growing Tier 2 city in the country. Jaipur Development Authority has collected the revenue of more than 1500 crores during 2014-15. Thus, the government has also decided to invest more in the development of the city. A special project has been prepared for strengthening the infrastructure in six towns of Rajasthan and Jaipur is at the top in the list.

Real estate is a venture that you can never go wrong with. If you intend to start off your property investment, it is highly recommended that you begin with buy to let properties. It’s not as easy as it may seem since you need to have a risk taking attitude and a healthy dose of common sense. Below are some tips that will help you get the most out of your money if buy to let is the kind of investment you have been dreaming about.

Do research
Find out about the risks and advantages of buy to let properties by reading related literature and by speaking to investors who have stayed in the business for years. It is important to find out about their experiences and seek their advice.

Location
Location is critical like any other thing the property market. Selecting a promising area, an area that most people would like to reside in for a number of reasons, will determine if your investment will bring good returns or not. Some of the key factors you should watch out for include accessibility to good transport, hospitals, other residential areas and schools. Also consider the neighborhood.

Shop around
Don’t fall in love with the property but the deal that you are being offered. In simple terms, avoid letting your own personal taste overshadow your judgment when choosing property. If you intend to finance your investment by applying for a mortgage, turn to financial institutions rather than traditional banks. Don’t end up not affording the mortgage repayments in case the property remains vacant for some duration of time.

Lastly, always hope for the best and expect the worst. It is important to carefully weigh the negative and the positive aspects before buying any buy to let property. Even though rent prices are relatively stable, they could fall anytime.

Money always brings ideas on how to make more money and desire to buy something more never goes off your mind. If you have a home, you will definitely think of buying a second home. Real estate is a fabulous business and you can do it along with your existing job or business. But don’t take it easy as it is not a simple business which only involves buying, selling or renting. It is an investment of mind and takes time to make it successful.

Guidelines for Investing in Real Estate Property

1. Analyze the property before you buy: It is one of the most important tips that you should follow. Analyse the property carefully before you buy it both in terms of its value and location. You may an advice from Real Estate specialist in analysing the property that you intend to buy.

2. Market rates: You have to know the actual value of the property you intend to buy to avoid being overcharged by unscrupulous real estate agents. This will also help you to fix the price of the property if you intend to sell it and know how much profit you will make from it.

3. Reasonable Prices of your property: Keeping reasonable rates of properties attracts customers to buy or rent your property. So take note of it as price plays a crucial role to the success and failure of any real estate business

4. Polish your skills: There are a number of investment areas where you can invest. Get deeper knowledge first and update yourself with emerging real estate investment opportunities.

5. Know the state real estate laws: You need to know the current tax laws, loan options, payments, etc. Read the tax regulations and calculate your benefits.

6. Details of Tenants: Collect all the necessary details about tenants at the time of renting. Right from work place, home city, phone numbers to address.

7. Timely sale of property to avoid losses: Losses leads frustrations so take note of any issue that affects the value of your property. Sale it before it depreciates in value or its market price falls down as this will cushion you off unnecessary losses

8. Keep a financial backup: Secure your financial position and then invest to earn profits out of it. Get an insurance cover for your investments as well.

9. Learn the art of negotiation: Business revolves around the negotiation and you should learn how to negotiate. Highlight the advantages of your Property and convince a customer to buy it!

Owning commercial property is considered as one of the most valuable investment decision one can make. However many of us do not have the financial capability to buy these properties in own-off payment. This should not hinder you but ought to find an alternative and that is leasing. This will keep you going before you can amass enough the capital to buy. The question now becomes, what do you consider before leasing commercial property or housing apartment or when in the real estate business. Let’s take a look at important aspects you should put into consideration as you take the leasing option.

1. Choose the location: The location of the property is crucial. For instance if you are into business the location will greatly influence the performance of your business. If you want your business to be located in within a shopping mall then you will need to find a shop that will work to your advantage. You surely do not want a situation where yo are facing a competitor.

2. Choose the right landlord: Be it a residential house, or business property your landlord can either make or mess up with your life and business. You need an honest landlord who will explain the fine print in full detail and be open to your needs and desires. Make sure the landlord is in legitimate business to avoid running into trouble later. Make some background search on the property to make sure you don not run into some rogue landlord.

3. Open contract: it is advisable to choose a property that assures you of the freedom you want. This could be in terms of space or the duration you want to lease. It is advisable for you to enter into a short-term contract probably 1-2 years. This gives you the freedom to either renew the contract if you are satisfied with the property or abandon it if you are not. Most property contracts are legally binding and a long term contract may be binding especially when the property no longer pleases you. You could as well consider property change due to the pressures of expansion or contraction.