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We are the Champions
Yes we are! Who?
SPAIN
We have won the Eurocup... Why? Becouse we are
THE BESTS
I´m as proud as a father watching how fast is growing up his son...
Keep it going guys!!!
Flats? TV? Yes!
Real Estate TV (RETV), a round the clock channel dedicated to infrastructure and realty said on Wednesday that it has appointed Prem Kumar Menon as its CEO.
Menon brings with him 27 years of rich media and marketing experience and before joining Real Estate TV, he was working as COO of a media group in Chennai, the channel said in a release.
Besides Menon, Anil Nair has also joined the group as its News Head. Prior to this appointment Anil Nair was working as business journalist in the Indian Express Group.
Real Estate TV is the first channel in the country extensively engaged in tracking developments in real estate, flats and infrastructure.
Tune it!
Panic in Spain
My country is suffering one of the worst crisis in the History. Europe is in the same cliff... no worries mates, Ive found the way to get rich quiclky.
Its like the pawn shops, you buy mortgages or directly the flats becouse the sellers are touching the misery with their fingers...
My father tell me loads of times why im so insane, I tell him, "no daddy, market is open to everyone"
What do you think guys? Have you understand the business?
Its easy if you try like the song, what you only need is a bunch of bocks, euros, quids or whatever.
Cheers!!!
Carrefour may Opt Parsvnath for India Foray
Carrefour, the world’s second largest retailer, is considering the franchise model to initially expand its presence in the country and may announce a local partner in four weeks, people involved in the development said.
The French retailer, which has held talks with as many as 50 domestic business houses including Mumbai-based Wadia group and Mukesh Ambani-led Reliance Industries and real estate companies, such as DLF, in the past five years, may choose Parsvnath, a New Delhi-based real estate company, as its partner.
“Parsvnath has emerged as the strongest option for the franchise partner,” a source said. A person familiar with the development at Carrefour gave the same timeline for the announcements. Parsvnath has almost five million sq ft of retail space under its belt and plans to increase it to six times in the next five years.
The retail giant’s negotiation with other domestic flats and companies failed as they wanted greater control over the business.
Carrefour is exploring the wholesale cash-and-carry format and front-end retailing options in the country. It has already formed Carrefour WC & C India and Carrefour India Master Franchise Company for the respective business formats.
Bring in the green
Environmentally friendly houses and flats sell more quickly and appeal to new home and apartment buyers.
The market is clearly telling us that people want sustainable places to live. Today we try to build complete laundries so people can dry their shirts on a rack rather than rely on a clothes dryer.
The introduction of the NSW Government's BASIX certificate, which required new houses to reduce energy and water consumption by about 20 per cent in 2002 and then ramped up the targets to 40 per cent, sped up the building of clean, green energy-efficient homes and apartments.
We know that that's what the market wants and as developers we want to prove to government that we are committed to creating sustainable subdivisions, apartments and retirement living projects.
The Cardita apartments on the Prince Henry Hospital site in Sydney's Little Bay are a classic case in point. They were built to exceed the BASIX requirements and include solar panels whose carbon savings are the equivalent of taking 19 cars off the road each year. The apartments also feature grey-water recycling, enhanced natural airflow and a smart meter that ensures residents can monitor their electricity use.
Increasing Rental Rates will not Pay in the Long Run
After the “20:20″ kind of price escalations in the real estate market in the first flats sales or second sales, it seems that owners of apartments want to do the same with leasing as they are trying to increase rental values now; each new listing in a new building is coming at a different price.
While there is no set indicator or a barometer for rental values, it seems that the Mumbai real estate market is set for another battle, and this time around it is on the field, with the licensor and licensee.
Many companies who have operations in the financial capital of India give their employees a set amount, popularly known as HRA (Housing Rent Allowance ).
This is usually based on the market rates gathered by various reports, and real estate professionals give indicators to companies . Budgets are set keeping several factors in mind and companies do revise this annually. The maximum increase each year is not beyond 5 to 10%.
However, with the real estate market jumping up in capital values, owners are now expecting a much higher return whenever they jump a tenant. This is creating a big problem with MNCs as they have to raise the HRA to suit market conditions.
With the present-day market, if you tell any MNC to increase rents they only want to exit or decrease. The present outlook , with stocks tumbling and the oil turmoil, companies are taking a cautious view. In the wake of this, if rents also start hurting them, the companies, who are the biggest licensees in Mumbai, will start bailing out of the leases they take liberally in the market.
Cheers mates and sorry for the delay!!!
Brit people wants to invest in Spain
Spain has been named the most popular country among aspiring investors in overseas property.
A quarter of those who wanted to purchase abroad wanted to invest in the Spanish market, ideally in a location close to the sea.
A beachside property or a view of the sea was cited as an important factor by 45 per cent of aspiring investors, although some others expressed a preference for living in a town.
More than a third of respondents also said they wanted to live in a small villa, while one in five said an apartment would be their ideal property.
In addition, 17 per cent stated that a large villa was their favoured option, ahead of eight per cent who said they wanted to live in a townhouse or flats.
Homeowners want from a property abroad, giving estate agents a clearer picture of what consumers are looking for.
He added that demand for overseas property had grown steadily over the past six months and that it was likely to keep on growing
The average property price in Spain is now about £250,200.
So, what do you think? Should I invest or not?
Cheerio!!!