Archive for November, 2009
Retail Real Estate Shines In Lucknow
The traditional city of Lucknow is gradually picking up with modern concepts of malls and multiplexes. The city once known for its polished etiquettes and hospitality is now a ground for organized retailing. At present more than eight shopping malls are coming up at different parts of the city says MagicBricks studies.
The shopping mall culture actually sauntered into Lucknow real estate with the launching of Eastern Mall at Gomti Nagar some time back. The mall spread in about 2.5lakh square feet of area introduced the concept of organized retailing in the city.The successful stint of this project was followed by a huge 4lakh square feet of multiplex project Sahara Ganj on Shah Najaf Road.
Establishment of these malls in the city revolutionized Lucknow properties in a great way. People got fascinated with the quality and luxury and started looking for properties that could actually match and reflect their lifestyle. Subsequently the residential properties in Lucknow also gained upgrade in the quality of demand.
Lucknow people are becoming quality conscious especially the introduction of swank shopping malls have led to consumerism boom in the city. Entry of big corporate companies in Lucknow has also been resulting to enhancing income levels and its ultimately the Luckow real estate that would bear the fruits said a Lucknow based property dealer.
He added that though the commercial properties at Hazratganj MG Road are still the hot one but the new mall projects are successfully attracting big brands and their franchises to establish shops there.
Recently Gomti Nagar added Fun Republic Mall to its kitty. Indiranagar along with Gomti Nagar are the two areas marked with maximum of real estate activities in Lucknow. Prestigious real estate developers like Parsvnath Omaxe Eldeco and Uppal Group have their hands in different projects in Gomti Nagar.
For more details on Lucknow Property Prices log on to magicbricks.com
About the writer: For more information on Pune Property Prices visit magicbricks.com here you can also know about Gurgaon Real Estate.
Real Estate Meets Web 2.0
If youve spent any time at all on the web you know that old ideas are routinely recycled dressed up and then sold to an unsuspecting public as a brand new concept. Once in awhile something comes down the pike that is actually new and revolutionary.
The birth of Web 20 especially when combined with real estate investing is one of those rare moments in time when the new way truly has the potential to revolutionize an industry and gives you an opportunity to be on the cutting edge of technology and income opportunity. Heres how you can capitalize on this opportunity and really turn a corner and lay the groundwork for a lifechanging 2009.
First the average newbie investor that hears about Web 2.0 thinks that by paying for a simple static website and getting their Email address into circulation qualifies as being on the cutting edge of technology. While its a decent start these simplistic efforts are lightyears behind the technological improvements that can move you up the investing food chain. These are just a few of the things you can do to change your results for the better by putting the power of Web 2.0 to work for you today:
Multiple landing and squeeze pages Its all well and good that you have a website with a landing page that all your websites visitors go to learn more about your business. Its a great first step but imagine how much more effective your efforts will be if you were able to direct all your website visitors to a page targeted to exactly what theyre looking for. Instead of sending potential buyers and sellers to the same landing page you can send them to a page that addresses their concerns can help you capture their contact information and can presell them on doing business with you. As if that werent enough you can imbed audio and video testimonials on your pages entertain your visitors and build credibility by showing some creativity in the way you interact with people.
Social Networking Sites like MySpace Youtube and Twitter are great places for people with time on their hands to upload pictures and keep up with the goingson of all their friends. Real estate investors with an eye on windfall profit potential can post information links videos and other content that will interest potential buyers and sellers. You can develop new alliances with other investors or even attract potential sources for private money. The sky is literally the limit by utilizing the free tools available to you on social networking websites.
Youtube videos This is probably one of the best ways of putting the power of Web 2.0 to work for you in building your real estate investing business into a powerhouse of profitability. You may look at Youtube as an awesome way to waste time while avoiding real work and it is. Its also a tremendous way for you to generate visitors to your website. By posting informational videos on Youtube you can convey useful information in a way that engages and entertains hundreds or thousands of people who otherwise might never know you even exist. The traffic you can generate and drive to your landing and squeeze pages can multiply your income by a factor of ten if you play your cards right and post the kinds of interactive entertaining videos that people will want to view.
RSS Feeds Really Simple Syndication can be more effective than any of these other techniques because you can actually automatically let your people know when you post a new entry on your blog or a new video on your website. The content you post can demonstrate your knowledge your usefulness and highlight all the reasons potential clients have of doing business with you.
Web 2.0 is nothing short of a miraculous way for you to interest and engage the very people you want to do business with. Whether youre connecting with potential buyers or sellers or are trying to raise investing cash the greatest prizes will be had by those investors willing to go the extra mile in reaching the very people that will help them reach their investing goals.
These are the sorts of realworld solutions that REI Conferences provides on a daily basis. The economy may be in a downward spiral right now but you can build a future of cascading profits by thinking outside the box and doing something completely new and fresh. For even more ideas on how you can put the power of Web 2.0 to work for you today navigate over to www.REIConferences.com.
About the writer: Charrissa Cawley founder of REI Conferences began her career in the pharmaceutical arena of corporate America in 1995 and switched to real estate when she discovered she could make more money in less time than she ever could working 10 hour days for someone else. On my way to earning thousands of dollars on every transaction I did I discovered the key to making money the smarter waythrough Real Estate Investing!” Cawley offers accurate and proven real estate strategies to investors of all different levels. With seminars mentoring programs real estate sales her own products and a book coming to stores soon she specializes in educating her clients on creating wealth through “Unconventional Real Estate Investing”. Within a year of beginning her real estate investing career Cawley went from living paycheck to paycheck to being worth over 2 million dollars and hasnt turned back since. To learn more visit www.reiconferences.com
Real Estate In India: Growing Towards New Heights
The factors such as booming economy favourable demographics and liberalised foreign direct investment FDI regime the Indian real estate sector has witnessed a revolution. The real estate in India is growing at 35 per cent. This sector is estimated to be worth US 15 billion and anticipated to grow at the rate of 30 per cent annually in the coming decade. India has become a new market for foreign investors due to its potential economical growth rate. As a matter of fact this sector is attracting foreign investments worth US 30 billion in number of IT parks hotels medical telecom and residential townships which are being constructed across India.
Real estate in India is the second largest employing sector including construction and facilities management. This sector is linked to about 250 supportive industries such as cement brick transport steel etc through backward and forward linkages. Accordingly a unit increase in expenditure has a multiplier effect in this sector as capacity to generate income is as high as five times.
Rising income levels of a growing middle class is the main reason for growth in the real estate. Apart from the income other factors such as increase in nuclear families low interest rates modern attitudes to home ownership and a change of attitude amongst the young working population are responsible for real estate development. Therefore it can be said that real estate property have changed the attitude from ‘save and buy’ to ‘buy and repay’ to boost housing demand.
As per the information by ‘Housing Skyline of India 200708′ a research firm Indicus Analytics it has predicted that there will be demand for over 24.3 million new dwellings for selfliving in urban India by 2015. Moreover rapid growth of the Indian economy has faced a cascading effect on demand for commercial property to meet the needs of business such as modern offices warehouses hotels and retail shopping centres.
With the significant investment opportunities emerging in this sector international real estate players have entered in the country. Effective participation from large local and international industrialists have resulted in potential economical growth of India which is moving towards maturity. Currently foreign direct investment or FDI inflow into this sector is estimated to be between US 5 5.50 billion. A unit of Deutsche Bank for instance aims to invest more than US 1 billion over three years in Indian construction and real estate property projects. Russian conglomerate Sistema plans to develop hotel offices and residential complexes in major cities of India with an initial investment of US 100200 million.
The boom in this industry has attracted large number of realty funds to step into this market. Prominent global players such as Carlyle Blackstone Morgan Stanley Trikona Warbus Pincus HSBC Financial Services Americorp Ventures Barclays and Citigroup among others have all already checked into the Indian realty market.
Among international players the many Indian realtors are going global by making their name in the international market through significant investments in foreign markets. Prudential Real Estate Investors for instance has acquired Round Hill Capital Partners Kabushiki Kaisha a Japanese asset management firm. Embassy Group has settled a deal with the Serbian government to construct a US 600 million IT park in Serbia. Parsvnath Developers in collaboration with the AlHasan Group in Oman.
Importantly government has introduced many innovative reform measures to discover the potential of the sector. 100 per cent FDI is allowed in realty projects through the automatic route for instance. 51 per cent FDI permitted in single brand retail outlets and 100 per cent in cash and carry through the automatic route. With growing economy in India the demand for all segments of the real estate sector are likely to continue.
About the writer: For more information about real estate India and home loans in India. Please visit our website: http://www.paisawaisa.com/