Month: March 2019

Discover Top 10 Secrets Before Buying Commercial Property in Gurgaon

Property blogger

With the tremendous prosperity of business and industries in Delhi NCR, several companies and shopping malls are mushrooming in the capital city of India, but due to lack of space of establishment of further commercial properties in Delhi, the builders are utilizing the nearby associated cities for making further development of commercial complexes.

1. Gurgaon is becoming a demanding place in real estate business both from the context of residential flats as well as commercial properties. The main reason behind this situation points towards the huge impact of improving technology and establishment of infrastructure.

2. Today people are struggling for better prospects so that they can survive in this world of competition in a better way. In search of a better living they are tending to migrate to metropolitan towns and cities and are settling there. Gurgaon can be the ideal place for a better living.

3. Gurgaon which was traditionally not counted under the developed cities have been categorized presently under one of the most prosperous and developed city in India. The Haryana government has taken several initiatives for the improvement of this particular place which is reflected through the infrastructural growth and immense work opportunities which assures career growth. Moreover, due to the contribution of reputed builders such as DLF, Gurgaon have experienced huge improvements.

4. The demand for commercial properties have increased at a tremendous rate in Gurgaon, therefore many companies are offering new projects of construction with such lucrative properties at lower rates at the time of booking.

5. If you are looking for purchasing such a property in this location, you can find out the one that falls well within your budget depending upon your requirements. The companies offer great deals for commercial properties, residential properties, rented accommodations, etc. In case you are not aware of the prices you can take the help for professional assistance for better guidance.

6. Taking assistance from the real estate agents can be the wisest decision since they can guide you to make bright investments which are featured with great growth perspectives depending upon your financial budget.

7. Undoubted investing upon property located in such prosperous areas will definitely yield you profit in the long run since investing upon properties is like investing upon gold where the value will increase in future.

8. Commercial property in shona road is highly on demand. The place is full of greenery and excellent for construction of properties.

9. Due to the excellent connectivity in Gurgaon such as the metro railways which connects Gurgaon to Delhi, Noida and other destinations saves a lot of time of the passengers who are bound to visit these places on a regular basis. All such reasons make Gurgaon a preferable destination for real estate businesses.

10. People residing in Gurgaon are highly dependent upon luxury and hence the builders are showing high interest in developing luxurious malls where within one complex people can shop for clothes, eatables and other raw materials, they will not have to travel to different places to in search of various items. These shopping malls are constructed with all sorts of luxurious facilities such as elevators, escalators, restaurants, well maintained wash rooms for ladies and gents, spacious car parking areas, etc.

Ref. By: http://www.articlesbase.com/agriculture-articles/discover-top-10-secrets-before-buying-commercial-property-in-gurgaon-6813566.html

Author Bio: The author of this article dealing in residential and commercial properties in Gurgaon. Here he is sharing some facts that should be in mind when you are going to invest in commercial property in Gurgaon like office spaces, shops, complexes, shopping malls and more. For more details about commercial property visit at http://www.vipulgroup.in/Vipul-Business-Park-Gurgaon

MMR 52nd Avenue Commercial Property in Noida

Property blogger

MMR 52nd Avenue is one of the latest and outstanding creations by the MMR SAHA Group. It is a kind of commercial project that is equipped with every kind of modern facility. With the launch of this legendary project group is trying to revolutionize the market of real estate that Noida has not seen ever before. The project is located in the prime and posh location of developing Noida in sector 52. This sector is considered to be the south Delhi of NCR as it is very close to the metro stations and famous market places like sector 18 market. The important thing about this project is that it is residential cum commercial project. It is going to be the landmark in the history of Real Estate in India. The Group has fifteen years of fine experience in the realty. That is why we can find here the perfect example of architecture and design where you can enjoy the cozy sense of pleasure.

The project is gaining the advantage of location and it takes 15 minutes’ drive from Kalindi kunj and only 8 minutes from DND flyway. Distance from Noida city centre is only five minutes’ drive and it takes only 10 minutes from national highway 24 and five minutes from sector 18 markets. The whole projects is sprawled over vast acre of land and it is throwing the specification of ultra-modern world class facility. Make your own private kingdom with 52nd Avenue where you can enjoy the luxury and comfort at the same time. “>Noida has become the major hub for residential and commercial projects for so many reasons. The fundamental reason is: it has emerged as a most developed city of Delhi/NCR.We can observe tremendous development that took place in past few decades. It has not become only the residential hub but it is also known for the commercial complexes that has made the city more glamour. You can find here outlets and showrooms of world renowned companies here. Every day their number goes on increasing and a large sector is showing interest in making investment towards shopping complexes. If you are making investment in this sector really it will prove and give beneficiary return after few years.

Make your investment one time and get the return all throughout the life. The future scope of the asset is very bright that you are buying in the Noida city. Considering the future scope of the place people are coming here to invest with no any hesitation. So the importance of commercial complexes has also increased and it is in huge demand in Noida. Let us have a brief introductory about one of the most popular commercial project by MMR group.

MMR 52nd Avenue is one of the latest and outstanding creations by the MMR SAHA Group. It is a kind of commercial project that is equipped with every kind of modern facility. With the launch of this legendary project group is trying to revolutionize the market of real estate that Noida has not seen ever before. The project is located in the prime and posh location of developing Noida in sector 52. This sector is considered to be the south Delhi of NCR as it is very close to the metro stations and famous market places like sector 18 market. The important thing about this project is that it is residential cum commercial project. It is going to be the landmark in the history of Real Estate in India. The Group has fifteen years of fine experience in the realty. That is why we can find here the perfect example of architecture and design where you can enjoy the cozy sense of pleasure.

The project is gaining the advantage of location and it takes 15 minutes’ drive from Kalindi kunj and only 8 minutes from DND flyway. Distance from Noida city centre is only five minutes’ drive and it takes only 10 minutes from national highway 24 and five minutes from sector 18 markets. The whole projects is sprawled over vast acre of land and it is throwing the specification of ultra-modern world class facility. Make your own private kingdom with 52nd Avenue where you can enjoy the luxury and comfort at the same time.

Commercial Real Estate Companies, Commercial Real Estate Development, Commercial Property

Property blogger

Commercial Real Estate Companies

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Commercial real estate is often referred as investment or income property. It refers to building intended to generate a profit by a capital gain or rental income. Properties are developed and then given on lease or sell to commercial or business use in order to generate profitable return on investment.

Commercial properties include office buildings, farm land, medical centers, hotels, malls, retail stores, shopping centre, multifamily housing building, warehouse, garages, etc. Commercial properties could be broadly divided into four categories as retail, office, industrial and multifamily. Where first three were only known as commercial properties in earlier days but now multifamily building is also considered as commercial real estate.

Commercial Real Estate Development

Real estate developers normally acquire natural or undeveloped land and improve it with roads, entitlement of land, etc. After improvements are made to that land it is subdivided and sold to generate profits. Multi storey shopping malls which offer high end luxury tastes at middle class rates has increased the visitors and even the demand for more and more commercial property developments in India. Commercial real estate development is to be done with extreme research because each place is not suited for commercial purpose.

The commercial real estate companies in India are involved professionally in the commercial property development business. Real estate companies in India play important role in country’s economy. Raising a building on that is not that easy, we need so many consultants and a lot of procedures are to be completed to own a building whether it is going to be residential or commercial property, the real estate companies does it all. Among many industries, almost 75% to 85%, the commercial real estate companies are pioneer in terms of stocks, job opportunities and in many other parameters.

A good commercial real estate company conducts a market research, gathers information and analyzes it in each and every possible aspect. When market research reports are positive in order to generate a good profit they will start the process of acquisition of land. Once land is acquired land is developed and basic infrastructure is created. Slowly and gradually this infrastructure is developed in to a building which is then sold or leased to individual interested in the property. This land could be used for various purposes like multiplexes, exclusive showrooms, shopping centers, IT centers, warehousing, and multistoried parking.

Over the period of time return on investment on properties has increased and hence more and more companies are plunging in the commercial real estate development. The value of appreciation on commercial property in India is increasing annually at a rate between 8 to 10 percent. Commercial real estate is considered to be the best investment in order to generate huge profits in shorter time period.

In this rush of real estate development a customer must choose a commercial real estate property wisely. One must take into consideration traffic count, frontage, quality development, right partner, good price, etc. factors when choosing commercial property. Also one should choose right kind of commercial property developer in India depending on reputation in market, kind of material they use in developing, services provided by them, clearance of land title, etc.

Commercial Property Development

Current trend in the commercial real estate companies is constructing multifamily building and townships. Many townships in India are expanding at a fast pace. Many new residential properties in India and commercial properties in Indian are being developed to satisfy the growing demand of Indian properties. All this directs to a good investment opportunity for people who want to have a base in the city. A lot of new projects are in the initial stages which make the prices quite affordable. These kind of commercial properties which are used as commercial and residential purpose both are turning out to be real gem for real estate developers in India. This kind of commercial property in India is easy to sell and have high profits in return. Indian commercial properties are no doubt an ideal sector to invest as they generate stable income compared to the dwindling stock market.

Real estate property development company, Pacifica Company offers residential properties, commercial properties, hotels projects, IT parks development, township development, mixed use development projects, land development projects etc.

Jury Awards Large Commission in Commercial Property Dispute

Property blogger

One of the largest jury verdicts awarding a brokerage commission in Arizona history was recently awarded from a commercial property dispute. A Scottsdale real estate agent was awarded a commission of $420,000 against a brokerage firm who had listed a large office building in north Scottsdale in this.

The facts are as follows:ws:

A brokerage firm named Cavan Commercial LLC (“Cavan Commercial”) had a 6% listing agreement on a large office building in north Scottsdale. Cavan Commercial and a real estate agent named Chris Wyatt entered into a 3% co-brokerage agreement if Chris Wyatt’s client Buyer A purchased the office building. Four days later Buyer A signed a purchase contract to purchase the office building for $14,000,000. The $100,000 earnest money was paid 1/3 ($33,000) each by Buyer A and his two investor partners who Chris Wyatt had introduced to the designated broker of Cavan Commercial at a meeting three months earlier in Cavan Commercial’s offices.

A few days after the Purchase Contract had been signed by Buyer A, Buyer A and his two investor partners formed a limited liability company (“LLC”), and assigned the purchase contract from Buyer A to this LLC. Buyer A and his two partners subsequently got in a dispute, and Buyer A agreed to transfer his membership interest in the LLC to his two investor partners.

For Section 1031 tax purposes, at the time of closing the LLC assigned the purchase contract to the two investor partners as individuals. The transaction closed. Immediately after the transaction closed, the two investor partners transferred the title to the office building back to the LLC.

Although the escrow commission instructions at closing prepared by the title company provided for a 3% commission to Chris Wyatt, this provision for Chris Wyatt’s 3% commission was crossed out by Cavan Commercial, who revised the escrow commission instructions to provide for the entire 6% commission ($840,000) to be paid to Cavan Commercial.

When Chris Wyatt complained and requested his 3% commission, the designated broker for Cavan Commercial said -Sue me.- Chris Wyatt did. Almost four years to the day after Chris Wyatt had introduced Buyer A and his two investor partners to the designated broker of Cavan Commercial, the commission dispute was tried before a jury in Maricopa County Superior Court. After a three-day jury trial, the jury deliberated less than one hour and awarded the entire 3% commission of $420,000 to Chris Wyatt. (Wyatt v. Cavan Commercial, LLC; CV2006-01270; Jury verdict November 14, 2008.)

Chris Wyatt was represented at the jury trial by John Skiba, with assistance from Chris Combs and litigation paralegal Lisa O’Brien. Don Martin, a former president of the Arizona Association of REALTORS, testified as an expert witness on behalf of Chris Wyatt. Cavan Commercial (renamed Logan Commercial LLC prior to the setting of the trial date) was represented by two lawyers from a national law firm.

Note: During the questioning of prospective jurors before the trial began, one of the prospective jurors was a real estate agent, and in response to questioning from Cavan Commercial’s lawyer, the real estate agent said that she did not know if she could be fair because she was tired of seeing real estate agents being “cheated” out of their commissions. Although she was honest, she was immediately excused as a juror!

Combs Law Group was organized as and continues to be a highly specialized, boutique real estate law firm. Christopher A. Combs is a State Bar of Arizona board certified real estate specialist and the founder of CLG. For more information please contact us at info(at)combslawgroup.com or by calling 602-957-9810. Article Source: Arizona Association of Realtors

Legitimate Work At Home Jobs – Three Reasons Property Scouts Are The New Work At Home darling

Property blogger

This is a quiz. Name just one of the top legitimate work at home jobs that is easy, fun, extremely profitable, AND you can do it from your favorite easy chair

Go ahead I’ll wait right here for you.

Oh good you’re back! Well, what did you come up with?

OK – here’s my answer property scouting. Why? I’m glad you asked.

Property scouting is backed by a legitimate multi-million dollar corporation that has every tool a property scout ever needs, and has created a very easy and very legitimate work at home system just about anyone can do.

Property scouting is easy because every property scout is told exactly where to go to find the pertinent information, precisely what do look for, and specifically what to do with the information once the scout acquires it.

Property scouting is fun because the property scout has massive virtual real estate to investigate to find promising properties that meet concise requirements, so there is absolutely zero wasted time. Ever.

Compared to other legitimate work at home jobs, Property scouting is extremely profitable because anyone willing to put forth a reasonable and consistent effort can earn an extra $30,000.00 all the way up to $300,000.00 or more per year. Only property scouts pick the number.

Property scouting can easily be done from your favorite easy chair with only a computer and telephone, or is of course just as easy to do from your home office or even your kitchen table. The property scout determines all of this.

And here’s a bonus. You don’t have to buy stuff, stock stuff, aggravate everyone you know, sell anything, buy anything, work long hours, or do one thing for anyone but yourself and the people you care about. Zero.

Now do you understand why of all the legitimate work at home jobs -property scouting is the darling’ of 2007 and beyond? Hint there will always be more real estate available than any thousand people could research, too so go get yours now as a property scout!