1. Decide what to sell?
Choosing the right kind of property and the proper investment method is highly important. Different kinds of property should have different ways of investment.
The most reliable property in which one can invest in to get an assured return on investment (ROI) is rental property. Rental property comes for as low as Rs. 5-6 lakhs in small towns. I am from a small town called Durgapur in West Bengal and I know how these properties are selling like hot cakes here. What one has to do is to simply stay in the house for a period of time; repair it occasionally for which you can also get tax exemptions and finally sell it. Although returns are guaranteed in investments of this nature, they usually trickle down slowly.
Owning commercial property is a better proposition compared to business property as the hassles of repairing the property as in a residential property is greatly reduced. Investing in such property usually bears good fruit. Location and infrastructural facilities should be taken into consideration while investing in commercial property. You get a better price for a location where you get the Metro, Railway stations, Bus Stands and local bazaars easily.
Owning a plot of land and selling it at the right time is one of the easiest and most profitable kinds of investment. This kind of investment doesn't have any recurring costs associated with it and is thus a pretty safe investment. The waiting time can be particularly long in investments of this sort.
2. Gauging the market
In real estate business you have to be always very aware of the existing market conditions. India is a very fluctuating market, so keep an eye on it. Buy when few are actually buying else you may have to buy in the listed price. Sell at a time when you are in a position to make a good offer. Calculate the time value of money before declaring the price. Keep note of the expenses incurred during the holding time.
3. Pricing
This is the most important part of a real estate business. You have to be smart enough while pricing keeping in mind the competitive environment, the future utility of the property and other important issues like location of the property in the cities of India and the demand of the particular property. Thus, you can easily expect Rs 8-10 lakhs for a 3 bedroom flat in the Gurgaon region, which is the upcoming technical hub of Western India.
Article Source: http://EzineArticles.com/
Property Ads in Delhi NCR
Properties in Gurgaon | apartments in Gurgaon | property in Delhi NCR | Real estate Gurgaon | Faridabad property | properties in Noida
Choosing the right kind of property and the proper investment method is highly important. Different kinds of property should have different ways of investment.
The most reliable property in which one can invest in to get an assured return on investment (ROI) is rental property. Rental property comes for as low as Rs. 5-6 lakhs in small towns. I am from a small town called Durgapur in West Bengal and I know how these properties are selling like hot cakes here. What one has to do is to simply stay in the house for a period of time; repair it occasionally for which you can also get tax exemptions and finally sell it. Although returns are guaranteed in investments of this nature, they usually trickle down slowly.
Owning commercial property is a better proposition compared to business property as the hassles of repairing the property as in a residential property is greatly reduced. Investing in such property usually bears good fruit. Location and infrastructural facilities should be taken into consideration while investing in commercial property. You get a better price for a location where you get the Metro, Railway stations, Bus Stands and local bazaars easily.
Owning a plot of land and selling it at the right time is one of the easiest and most profitable kinds of investment. This kind of investment doesn't have any recurring costs associated with it and is thus a pretty safe investment. The waiting time can be particularly long in investments of this sort.
2. Gauging the market
In real estate business you have to be always very aware of the existing market conditions. India is a very fluctuating market, so keep an eye on it. Buy when few are actually buying else you may have to buy in the listed price. Sell at a time when you are in a position to make a good offer. Calculate the time value of money before declaring the price. Keep note of the expenses incurred during the holding time.
3. Pricing
This is the most important part of a real estate business. You have to be smart enough while pricing keeping in mind the competitive environment, the future utility of the property and other important issues like location of the property in the cities of India and the demand of the particular property. Thus, you can easily expect Rs 8-10 lakhs for a 3 bedroom flat in the Gurgaon region, which is the upcoming technical hub of Western India.
Article Source: http://EzineArticles.com/
Property Ads in Delhi NCR
Properties in Gurgaon | apartments in Gurgaon | property in Delhi NCR | Real estate Gurgaon | Faridabad property | properties in Noida