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Do You Have The Correct Home Buyer Mindset To Be Buying A Home?
By learning what you need to know and preparing how to purchase a home ahead of time, you will be less likely to become so enamored with a particular property that you fall into the traps and the pitfalls that are so often the result of IDM, or...
Exposed! The Real Estate Wholesale Quick-turn Flipping Deal
Wholesale real estate investing (i.e. "quick-turn" or "flipping" real estate property) is conceptually very simple. Here's how it works:
First, "Investor A" finds a great real estate deal with a lot of equity. Typically, Investor A will have...
Hardwood Flooring 101
Nothing adds warmth and value to a home like wood floors. Over
90 percent of real estate agents in a national survey said that
homes with wood floors sell more quickly and for higher prices
than other homes without wood flooring.
Some...
New Home Staging Can Help Sell Your Home
Home Staging should be done when you sell your home. Staging a home can bring you a much higher selling price and help you get offers on your home faster. A home staging professional can be hired to tour your home and direct you to make the changes...
Tax Haven Threat
Media reporting of a new EU savings tax directive has left many people wondering whether European tax havens could soon become obselete.
The July directive requires banks throughout Europe, including low and no tax areas such as Gibraltar,...
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Real Estate - Blessing To The Economy
Real Estate is a real blessing to the economic growth of any country. It contributes about 30% to Indian GDP both directly and directly. The last five years has shown a great rise in the real estate business. Real Estate in places like Chandigarh, panchkula, mohali has shown a tremendous growth. Real estate has a direct linkage to various other industries like steel, wood, cement etc.The growth in real estate means a simultaneous growth in all these above mentioned sectors which leads to the complete growth of the community which extends to the country as a whole. Real estate also has indirect influence on the other very important sectors like travel and tourism, infrastructure, trade and heritage of that area. Today big companies like wipro, infosys, IBM etc are expanding their business round the globe and the favorite destination these days in India is chandiagrh, mohali, panchkula in north India.
According to the tenth five year plan, there is a gap of 30 million units between the demand and supply of housing which is quite a big gap and bridging this gap requires the investment of around 1,75,000 crore.There is huge dwelling requirement in urban as well as rural areas. It is estimated 19 million homes are required in urban areas in India. No doubt there is boom in
real estate but the supply is still not meeting the demand. Various reforms need to be done in real estate business like there is a huge need in changing the regulations relating to land, validation, property taxes, validation of stamp duty structure etc.The real estate industry needs to be made a little disciplined. The environment needs to be created to establish real estate a good investment option. Government is taking steps to reform the industry but still needs a lot to be done. Government has shown its remarkable contribution by reducing home loan to almost half in the past five years.
Real estate no doubt has professional people but the number is very low which needs to be increased to see significant growth in the industry. The real estate industry needs to be more transparent and organized which is improved in the past few years but it still needs little more. But this industry has a great potential and will grow many folds in the coming years.
About the Author: For any further information:http://www.propertyvertical.com
Source: www.isnare.com
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