Monthly Archives: September 2019

Buying A Makati Condominium

Nowadays, people are choosing to rent or buy Makati condominiums versus buying or renting a house & lot in nearby cities.

This can be attributed to the fact that most people prefer to live in residential spaces requiring less maintenance, and they favor the proximity of Makati to key establishments in business such as work, popular lifestyle spots, schools and medical facilities. Add to this the ease of transportations routes and quick accessibility to most cities in the Metro.

Pricing is a concern with everyone whos ever bought a property in Makati. However a lot of developers have managed to meet the expectations of everyone from the different sectors of society from the young couple starting a family, a working student whose only got enough to pay for his or her rental/amortization, or an ofw who worked hard for years on end and is about to make his very first real estate investment. Theres a variety of Makati condominiums on the market catering to the purchasing power of the Filipino people. Not only that, banks have made it easier for the simple Juan to make a loan without selling his soul to the devil to make his down payment & monthly amortization.

Material wise, one has to be discriminating with the materials, design and finish as said on the brochure or contract given to you by the developer. Unfortunately, there are still some Makati condominiums who promise this and produce that whatever happened to following through with your claims. That is the reason when you are buying a Makati condominium, you must settle with a reliable developer who wont run out on you when the first signs of problem in your property strikes.

Now whether you make buy your Makati condominium for investment or residential purposes is up to you. Mind you, rental per square meter in Makati is pretty high as compared to other cities in the Metro. If you aim to sell it after a few years, you might also be surprised at the market value of your property as Makati land values have risen a thousand-fold over the past 50 years.

The Good Reasons To Get Alabang Manila Real Estate

Newbie home owners get lots of selections to pick from in Manila real estate. Right up north, several of the best properties are positioned in Makati in addition to the Fort Bonifacio Global City, in which high-end houses and condos are increasing. For people who prefer the easier way of living in the south, Alabang is the perfect area, and an Alabang house just might be perfect for them. The location just provides quite a few benefits, a number of them present as a consequence of recent heritage.

Alabang is actually an important part of the metropolis of Muntinlupa, which includes an appealing historical past. In 1869, the metropolis (then a municipality) was created by the Spanish colonial government. Within the pursuing American control, the land was juggled in between a couple of provincial ownerships, Rizal and Laguna, during 1901 to 1905. Municipal self-sufficiency was granted in 1918, which ensured that they could have their officials. Strangely enough, Vidal Joaquin, a local of Alabang, was the very first appointed mayor. In 1975, the area legally became a part of Manila real estate.

True progress, though, didnt occur till the 90s, while Filinvest and Ayala Land both decided to put money into the property. An office in Manila located here can currently be seen in destinations just like the 244-hectare Corporate City and the Madrigal Business Park. These types of locations stand for several of the perfect commercial real estate in the land.

In addition there are several Manila real estate non commercial selections in the region. An Alabang house could be certainly one of the finest purchases you may come up with, and a number of the most excellent ones can be obtained in its fashionable villages including Alabang Hills, Alabang 400, Ayala Alabang, and Pacific Village. These kinds of houses in Manila could be very expensive, yet the highly exclusive subdivisions that they are usually in offer 24-hour security and conveniences like gyms and function buildings.

Precisely what is waiting for somebody who determines to purchase Manila real estate in Alabang? The areas fast development into a quite contemporary environment has triggered its affluence. Its set to be at par with Makati in terms of corporate ventures. Beginning workers can certainly stay here to lessen the problem of journeying to the office. Doing work in the southern part of Metro Manila can certainly be a delight, and a lot of large companies currently have an office in Alabang.

An Alabang house furthermore provides some strengths not conveniently accessible to various other types of Manila real estate. Selected organizations similar to the Asian Hospital and Medical Center, which is competing for the title of most effective medical center in the country, are nearby, supplying accessibility in situations of medical problems. The Alabang Town Center also delivers many treats for leisure at any time. This vast shopping center is only several minutes from the regions significant business enterprise centers and non commercial communities.

This specific place in Muntinlupa offers a few extremely classy strengths for the whole family. Workers will enjoy the comfort of doing work in its brand-new business office complexes. Seeing a motion picture or having meals with friends is furthermore made easier right here. Definitely, houses in Manila positioned in Alabang might be the ideal option in Manila real estate.

Book A Flat At Amrapali Sapphire 3 Noida New Property At Sector 107 Noida

Amrapali Sapphire 3 is the latest residential property for sale in Noida, which is being launched by one of the leading providers of real estate property in Noida and other parts of Delhi NCR- The Amrapali Group.

Although the details of the Amrapali Sapphire 3 have not been officially announced as of yet, it is said that Amrapali Sapphire 3 would be offering a wide range of residential options in the form of 2, 3 and 4 BHK apartments for sale in Gurgaon.

The pricing for these extremely luxurious flats for sale has not been provided yet, but it is supposedly going to sell at an approximate basic sale price of Rs. 3000 per sq. ft. That said, those interested to book a flat at Amrapali Sapphire 3 Noida should expect to spend at least around Rs. 35 lakhs to own a home at Amrapali Sapphire 3. We at Unicon Property bring to you an excellent opportunity to own an apartment at Sapphire 3, that too at zero-brokerage.

Amrapali Sapphire 3 is strategically located at Sector 107 in Noida, a perfect location for those individuals who are operational in and around Noida and adjoining areas such as Ghaziabad and Greater Noida, and are looking forward to book a flat in a premium residential complex that offers complete peacefulness while at the same time being within close reach from all parts of Delhi NCR.
Being situated at a premium location, Amrapali Sapphire 3 shares neighborhood with pristine residential real estate properties such as Lotus Boulevard, Lotus 300 and Lotus Panache, all of which are premium projects launched by the 3C Company.

Amrapali Sapphire 3 is a highly luxurious yet very affordable residential property for sale in Noida, which gives all those who are looking to invest in property in Noida a fabulous chance to buy an apartment in one of the most desirable properties in Noida. Backed by a builder with dependability as that of Amrapali, Sapphire 3 is sure to be a highly successful residential property for sale in Noida.

Unicon Property gives you a detailed insight into the scenario of Real estate property in Noida. For more information on Amrapali Sapphire 3, please visit our website www.uniconproperty.com

Building a Home Hiring the Right Company(s)

No one needs to tell you that building a home is a large endeavor. It’s one of life’s greatest, and though it’s a very daunting one, it’s also a lot of fun. Though, if you want it to be more of the latter than the former, you have some very important decisions to make. It all starts with choosing the right company. This can be extraordinarily difficult if you haven’t built a home before. There are some traits that every company should exhibit if they’re going to get the contract, and we’ll point some of them out to you in hopes that you make the right decision.

We’ll also give you some things to think about as you’re getting everything started, as well as things to look out for as the project moves along.

Which Company?

When you’re designing and building a home, you’ll want to choose the company that is easy to work with and has the aptitude to get the job done. Both of these go hand in hand, and neither should be sacrificed for the other. It can be hard to test whether or not they’re easy to work with, but a lot of that has to do with how well they interview. Their work should speak for itself; it’s important that they have a fantastic portfolio that -wows- you. Considering that your home is a place that you’re going to be spending a substantial amount of time in, you have to be thoroughly impressed with their work before you proceed.

These days, companies should also be very versed in energy-efficiency. Not only should they be very knowledgeable when it comes to the Department Of Energy’s standards, but they should also be concerned with things like SEER ratings, ENERGY STAR products, and some of the most proficient techniques for insulation and preventing air leakage.

Architects and Designers

Some people find that it is best to avail the services of an architect, others may not. This is something that you’ll want to determine for yourself. It should be said that there are a lot of plans out there that may be perfectly fine. Be sure that you consult with the winning bidder, as they may have some concerns that will help you frame an opinion. The company may also have some architects that they like to work with. This only heightens the reason why talking to them first is the best idea.

As far as interior design goes, you have the option of bringing in your own or using one that the company has. Interior design is important, and most people find that bringing in their own is a good idea, though you may find that the builder’s company is a bit cheaper, though there is the chance that they’re not as good. But, the builder’s company work better together, and that’s something that you should think about.

Building a home requires many different facets, though if you keep a level-head about it all, you’ll find that it’s one of the most fulfilling things that any person could possibly do.

Buying Off Plan Real Estate In Thailand Condominium Acquisition And Escrow

Off plan condominium purchase in Thailand means buying a condo in a planning stage or a condominium not yet fully constructed. The standard payment schedule found in an off-the-plan sale and purchase agreement of a condominium in Thailand is:

1. a reservation agreement with a reservation fee of 100,000 baht (approx 3300 USD)
2. a deposit of 10 to 20% of the purchase price on the execution of the condominium sale and purchase agreement
3. periodical installments during the construction of the condominium with a final installment of 1/12th to 1/20th of the purchase price upon transfer of ownership of the condominium.

Who to pay to?

Paying in escrow for a condo in Thailand means that payments are made to an Escrow Act licensed third party financial institution or bank that will hold the deposited monies till the conditions of the condominium sale and purchase agreement have been met, depending on the contract. The use of escrow services in Thailand for property purchases is not common!!

Generally developers in Thailand DO NOT offer escrow payment arrangements. Property developers in Thailand are under the Escrow Act or new Condominium Act and Condo Act regulations NOT required to offer escrow agreements to consumers. Property developers in Thailand are free to require deposits and installments in agreements without offering any protection for the purchaser payments. There is no legal protection structure in place for realty buyers. This part simply depends on the agreed and accepted contract terms and conditions between the seller and purchaser. If the buyer pays directly into the developer’s account this is an accepted risk he as the purchaser takes.

In 99% of the property development projects in Thailand the purchaser makes the payments directly to the developers bank account. Obviously payment made directly to the developer, as opposed to payments made in escrow, carries some serious financial risks for buyers in case of default by the developer. They risk loosing all. In addition, pre-paying the development, the buyer looses all leverage in case of delay or poor workmanship. At the time of completion the buyer has paid up to 95% of the purchase price and the developer is in a much stronger position and can simply refuse transfer of ownership to the buyer.

The developers company

The standard payment schedule by which the purchase price is paid directly to the developers bank account during the construction or even before the start of a condominium project carries risks of losing your payments in case of default or bankruptcy of the developer.

An important part of this arrangement is the developers company. Is it a large SET listed (Thailand stock exchange) real estate developer or a limited liability company with a low share capital and a poor track record? Limited liability for the developer means limited liability and in case of default there is for the buyers little chance of getting any of the payments back.

The Condominium Act supposed to protect the interests of the buyers of condos in Thailand but does not require the establishment of escrow arrangements in an off-plan condominium development.

Paying directly to the developer in Thailand is taking a risk.

Adjustable Mortgage Help – How Government Mortgage Programs Can Help Struggling Home Owners

Need Help With Your Adjustable Mortgage?

Alot of home owners across America are looking for help with their adjustable rate mortgage and do not know who to turn to for that help! One of the places that you can go to is the United Stated Government. This article will go over that United States Governments mortgage rescue plan so keep reading and see if it can help you!ou!

What If I Owe More Then The Value Of My House

One of the biggest problems for home owners with ARM home loans is that they owe more on their home then it is worth. This is due to falling property values across the country. Being upside down automatically disqualifies them from a traditional refinance loan. The new government program however lets those people refinance up to 105% of the value of their home. You can only refinance for a fixed rate or lower interest rate and not to get cash out.

Another requirement for this program is that you must have a Fannie Mae or Freddie Mac loan and still have good credit and have sufficient income to pay the loan payments. They will also be fully documented loans, meaning that you must provide all income and asset information to the lender!

What If I Do Not Qualify For That Program

If you either have bad credit or do not have a Fannie or Freddie loan you can still get help from the Government. They have a program called “Make Home Affordable”. It gives cash incentives to lenders to modify a borrowers loan terms and payments to make the home affordable to them and avoid foreclosure.Under this plan the lender can lower your payment to 31%-40% of you income and keep it at that level for up to five years. This plan only modifies your first mortgage and will not affect a second mortgage or home equity loan. Where Can I Learn More About Loan Modifications and Government Loan Programs
To learn about the options you have when struggling with a Adjustable Rate Mortgage and how to get help and keep your home log onto http://www.adjustablemortgageinfo.com/ today!

Property Development Syndicate – Secrets of Succeeding

Most of you might have heard that starting business in partnership with friends or family members is always risky and like this creation of a property development syndicate with family members and friends is also risky. Some psychological studies show that some mental biases in people force them to take poor investment decisions. However, one of the best advantages that a person can acquire when he invests with others is that it can act as a method of justifying the risk of personal prejudice that force us to take some sub-optimal investment decisions. Secret behind success when working with others is to have connection with somebody who have complementary and different strengths to the individual is looking for partnership business. Some other secrets are discussed in the content given below:

Be open and honest with the partners: For people, who wish to go for property development syndicate, the main requirement is that they should know how to work well with other as a team. The collective focus of the people in this group should be keeping the lines of communication open and they should be in a position to effectively manage the expectations of others. Generally, miscommunication is the root cause for many relationship problems and to avoid problems in working as a syndicate an individual should possess the following skills:

1. He should try to be impeccable and should be honest to his own words 2. Should not take things personally 3. Should be able to keep things in perspective

Research for finance strategy: The residential property development can turn out to be a successful venture only when the individual can lay attention on his financial strategy. For making the things right from the beginning, a lot of initial planning should be done carefully. Once the structure is set up, it will be difficult to go back and start from the scratch. It is essential that the individual should spend some time in researching on this area.

Having a clear exit strategy: When a person wishes to enter into residential property development business with others, he should have a clear exit strategy; this is because anything can happen in the future. If an agreed set of contingencies and a time frame that the person is willing to work is set, he will be in a position to achieve his initial objectives for sure.

There are some of the best companies offering the right kind of advice to people, who wish to enter into this business.

If you are looking for residential property development, but have no idea where to start then malyshka is the right place. It suggests you on how to manage your property development. For more details on property syndicate visit our website.

New Government Initiatives To Boost Real Estate Sector In India

At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.

As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:
Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states.
In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres.
51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route.
Full repatriation of original investment after three years.
Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively.
100 per cent FDI allowed in realty projects through the automatic route.

Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time taken to develop special economic zones (SEZs) by simplifying the procedures to get the tax-tree industrial enclaves notified. Now developers can easily get their land classified as an SEZ at the outset itself by producing title deeds to prove their ownership. Again, the Government has announced several concessions in the Budget 2008-2009.

New Government initiatives to boost sector of Real Estate India include granting a tax holiday on profits from initiates in the financial year 2007-2008. In order to enjoy this benefit, the housing projects should be of the affordable housing unit type of 1000 to 1500 square feet. Another condition is that such projects should be completed by March 1, 2012. Further, the Finance Ministry has allocated US$ 207 million to grant 1% interest subsidy on home loans up to US$ 20, 691. In order to avail this benefit, the cost of the home should not be above US$41, 382. It is believed that these initiatives will be add further impetus to the real estate sector in the country.

Condominium Insurance Quotes To Secure Your Assets

Getting your home insured is one of the wisest decisions you could take to save money and protect your assets. Whether you go for a traditional styled house, or rather choose to get a small duplex or an apartment to reside in you should get it insured. You can be careful but cannot fight completely any disaster such as a fire accident, robbery, vandalism or natural perils like earthquake, flood or lightening.You may think that the homeowners have to take care of the insurance plans and it should not be your concern. Well, guess what- the homeowners insurance would not cover your personal items. Do you think it is going to be easy for you to replace all the damaged furniture, appliances, clothes, and jewelry yourself? Of course it is not affordable. Condominium insurance takes care of the damages like these and help you through such disasters.Condominiums have to be protected just like big traditional houses are. Get a condominium insurance to do this. Rules and Regulations Condominium insurance is a bit different. It has to be within the rules established by the condominium policy of the area. An important way to go about it is to be patient. Do not impulsively accept the first option you see. Maturely compare the insurance plans and see what you want to protect the most and how comprehensive is the coverage. Also, how well can you afford the insurance plan is important. Do make a mature and wise decision you should stay updated regarding the insurance agencies and new offers in the area. Cheap Condominium Insurance As you try to hunt down the cheap condominium insurance companies, make sure you shortlist only A rated companies. It is for your protection after all and you have every reason to invest generously.Interestingly, you do not have to spend much. In condominiums the insurance rates are the lowest. You get to protect your belongings and you have to pay only around $ 10 every month. This is obviously nothing if you imagine comparing it to the loss that may happen after a fire accident. It is not hard to short list the good insurance companies in your vicinity. Simply go to a search engine and your job is half done. So, to protect what you have bought with planning and care, you only have to spend a little more ad stay relieved. Enjoy what you have invested in.

Read more details about condominium insurance quotes and condo insurance quotes.

Buy Residential Property In India – After Knowing The Buying Process

Before you buy residential Property in India, knowing the buying process is necessary to strike the right deal. The property market in India is reportedly back in the saddle after the slump in the recessionary phase of the market. In the new phase, the property market in India, both residential and commercial, is abuzz and agog with deals and talks. In the residential property sector alongside the recession, there evolved a new interest area in the lower and middle-income-level sector. Hence, there is a priority shift among the construction and infrastructure development groups from premium luxury apartments to medium-sized 2 and 3 BHK units. In the renewed interest in the residential property investment, inexperienced investors may suffer due to a variety of reasons. Therefore, I am of the considered view that prospective buyers who are novice in the field need to gather relevant and required information before they venture in to the field.

I apprehend you may be skeptical when I suggest that you should buy residential property in India only after knowing the buying process. This is more relevant in the urban context than in the rural sector where seller identity and property title may be more or less ascertainable. The case is not so easy and cozy when you approach most of the urban properties. And the proverb goes, a great city is a great desert. In urban centres, individual identity may be in most cases shrouded in obscurity. So may be the title of properties. Hence, it is better to avoid offers from parties of obscure identity and those who suffer from low reputation. Also, take steps to ascertain the title of the property. Further, you need do ensure that the property is free from any encumbrances, charges, claims, defective title, any order of acquisition or requisition, etc.

As part of knowing the buying process in order to buy residential Property India, you need to identify the ideal property which can afford better appreciation within a time-frame. For this you need to know the proposed developmental projects due to come up in the region. Then you can select the right property in view of the possible appreciation the proposed projects would fetch. It is always advisable to consult a few real estate consultants, dealers or agents in the locality so that you could be briefed on relevant aspects. Further, while you select property, it is better to consider the infrastructural facilities, landscape, scope for further development of the neighborhood, etc. Further, if it is a flat or apartment unit, you need to know the rules and regulations of the society or management before you strike any deal. It is because there may be some regulations or requirements that might hamper or be detrimental to your free and fair possession and enjoyment of the property.