Q:
What is the difference between freehold property and leasehold property?? Could anyone give the proper meaning.. Which one should I go for?
My replies to this discussion
Freehold properties are more expensive. Here, the buyer has full control over the land upon which the house is built. On the other hand, a lease holder gets the ownership rights for a specified period of time. The plus point is that it is less expensive than freehold and the lease can be extended thereafter. Freehold properties are more expensive. Here, the buyer has full control over the land upon which the house is built. On the other hand, a lease holder gets the ownership rights for a specified period of time. The plus point is that it is less expensive than freehold and the lease can be extended thereafter.
Q:
Can I evaluate price of my house myself? What all factors should I consider, and how should I use them?
My replies to this discussion
things to consider:1. year of construction 2. neighborhood 3. access to the property 4. check the current price list in Rs per sq meters. 5. Antique furniture and other souvenirs in your home can fetch you a fortune 5. finally, it is entirely your discretion to come up with a price estimate.things to consider:1. year of construction 2. neighborhood 3. access to the property 4. check the current price list in Rs per sq meters. 5. Antique furniture and other souvenirs in your home can fetch you a fortune 5. finally, it is entirely your discretion to come up with a price estimate.
Q:
What is more rewarding? under construction property or a property that is ready to occupy?
My replies to this discussion
1.Check the reputation of the developer. 2.Check the status of the land titles. Get the information on all the investors of the property. 3.Check out the banks that offer loans for the project. 4.Ensure that the plan of the project shown to you by the developer is approved and there are no discrepancies in the facts shown to you. 5.You can consult a broker or a property consultant before buying an under construction property. However, with the proliferation of Technology, one can get the information through the internet1.Check the reputation of the developer. 2.Check the status of the land titles. Get the information on all the investors of the property. 3.Check out the banks that offer loans for the project. 4.Ensure that the plan of the project shown to you by the developer is approved and there are no discrepancies in the facts shown to you. 5.You can consult a broker or a property consultant before buying an under construction property. However, with the proliferation of Technology, one can get the information through the internet
My replies to this discussion
Choosing a location where there is a thriving economic activity would be the wisest thing to do. Places having large number of offices and of commercial activities are the safest bet. You can also keep an eye on the infrastructure developmental projects such as Air ports, Shopping malls coming up near the location.Choosing a location where there is a thriving economic activity would be the wisest thing to do. Places having large number of offices and of commercial activities are the safest bet. You can also keep an eye on the infrastructure developmental projects such as Air ports, Shopping malls coming up near the location.
My replies to this discussion
1. Always buy a property which has a higher commercial activity. 2. access to the property 3. your loan EMI should not exceed more than 30% of your monthly salary. 4. Choose property close to infrastructure developments to reap future gains. 5. in the End, always be prudent while buying and check the credentials of the builder and verify the genuineness of the documents.1. Always buy a property which has a higher commercial activity. 2. access to the property 3. your loan EMI should not exceed more than 30% of your monthly salary. 4. Choose property close to infrastructure developments to reap future gains. 5. in the End, always be prudent while buying and check the credentials of the builder and verify the genuineness of the documents.
My replies to this discussion
well, ramya, each has its pros and cons. You can get buy a plot at a reasonable rate in some cities- although not in cities like Bangalore, Mumbai. But the construction costs are not to be ignored as they hog all the resources( i mean money). Apartments are ready to occupy and can be a safe investment at an economical rate.well, ramya, each has its pros and cons. You can get buy a plot at a reasonable rate in some cities- although not in cities like Bangalore, Mumbai. But the construction costs are not to be ignored as they hog all the resources( i mean money). Apartments are ready to occupy and can be a safe investment at an economical rate.
Q:
Emerging economic hot spots in Bangalore..
My replies to this discussion
North Bangalore is definitely emerging as a hotspot for economic activity, as the prices are higher in Southern region due to its developed economic activity in the IT sector.North Bangalore is definitely emerging as a hotspot for economic activity, as the prices are higher in Southern region due to its developed economic activity in the IT sector.
Q:
information on sub lease in India..
My replies to this discussion
Yes, it is possible to sub lease, but only prerequisite is that it should be mentioned in the original lease agreement.Yes, it is possible to sub lease, but only prerequisite is that it should be mentioned in the original lease agreement.
Q:
investment risks in Gurgaon..
My replies to this discussion
In 5 years, there would be lot of improvements surrounding the areas surrounding Gurgaon. The planning is done by Haryana Urban Development Authority (HUDA).In 5 years, there would be lot of improvements surrounding the areas surrounding Gurgaon. The planning is done by Haryana Urban Development Authority (HUDA).
Q:
areas in hyderabad to invest
My replies to this discussion
For your budget you can cooly get a 3 bedroom apartment with all the amenities in the Hi tech city area. If you look around a bit, who knows u may get even bigger space…For your budget you can cooly get a 3 bedroom apartment with all the amenities in the Hi tech city area. If you look around a bit, who knows u may get even bigger space…