Investment Property in India

September 28, 2009  //  Posted by: admin  //  Category: Property Investment


Real estate is one of the fast growing industries in India as well as the whole world and is attracted by lot of investors. Because of the increasing competition, everyone is consulting experts for their investment plans. So the real estate consultants are making good use of this. So large number of real estate consultation firms has been started. Many real estate consultants have failed due to the improper facility.

By choosing better real estate consultants you can gain maximum benefit and reduce the chances of failures. Nowadays the world has become very competitive and everybody’s target is for better profit. Therefore to attain the goal, go for a better real estate consultant. These real estate consultants make researches on all the new effects that happen in the real estate world and keep track of all the deals that occur, which can lead to a better profit for the investors, thus attracting more investors to this real estate world.

These real estate property consultants can predict what all changes can occur in the real estate world so that the investors can make good use of it. After independence, the growth of investment property consultants in India is very high, and because of these growing investors their significance also have increased a lot. Thus, if you are ready to invest, the first thing to follow is to contact a better investment property consultant. People who are investing should have good knowledge in all the real estate activity that is taking place, so that the whole process will be a success.

If you are looking to buy any property across the world, the profile provides almost all the information that can help you a lot. Thus real estate consultation is the main way for getting better deal in buying property.

By: Renjith Kumar Kumark

About the Author:
We provide best resources for Investment Property in India [http://www.profile.ae/] and Dubai Investment Property [http://www.profile.ae/].



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Architects Now Designing Homes For Mortals

September 20, 2009  //  Posted by: admin  //  Category: Architects


The concept of owning a home designed by a well known architect is something most of would only dream of. Times are changing and so are the marketing plans of many property developers who are increasingly using well known architects to sell their homes.

It is true that international property investors have a huge choice of luxury resorts from around the world to choose from. With so much competition attracting the most desirable customers is becoming increasingly difficult. One way in which some resort developers have decided to attract potential buyers is by using high-profile architects on their projects.

Shigery Ban, who designed the Pompidou Centre in Metz, Zaha Hadid, Piero Lissoni, Chad Oppenheim and Japan’s Kengo Kuma are all well-known architects and designers and they are all being employed to design luxury hotels and resorts. What’s even more astounding is that this group of celebrity architects is currently working on one resort – Dellis Cay. This private island is part of the Turks and Caicos Islands in the Caribbean.

Dellis Cay is being developed by Turkish tourism magnate Dr. Cem Kinay. Piero Lissini is designing the main hotel and a set of villas in his typically modern, bold and simple style. In a recent interview in The Independent, Dr. Kinay notes that “The architects are our biggest selling point.” One bedroom apartments on Dellis Cay start at £835,000.

Another new property development in Portugal that is making use of well-known architects is Portugal’s Bom Sucesso, north of Lisbon on the Silver Coast. There are more than 20 popular European architects that are working on different designs and buildings for Bom Sucesso, including Alcino Soutinho, Goncalo Byrne, Alvaro Siza Vieira and even England’s award-winning David Chipperfield. The architects adhered to a set of rules that provide the formal unity of the project, but which simultaneously enabled them to follow their own original and specific objectives. Most important among these rules and vital for the originality of the resort, was that all rooftops should be covered in greenery and any walls should either be covered in greenery or else simply not exist at all.

Other resorts around the world are using architects to get a leg up on the competition. Melvin Villarroel is working on a community in Marbella, Spain called Lomas Club. Homes at this development are also being designed by Angel Taborda and Victoria Guana, and Villarroel is also working on several other new resorts in Spain.

Matteo Thun is designing a new set of fascinating investment property apartments in the Austrian resort of Katschberg called Edel:Weiss. Sir Norman Foster is working on several projects; one is in Egypt called Serrenia and there is also Corniche Bay resort in Mauritius. These villas will only cost £1.7 million.

By: Nicholas Marr

About the Author:
Author: Nicholas Marr is CEO of overseas property investment web site http://portugal.homesgofast.com



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Determining Commercial Property Market Value

September 17, 2009  //  Posted by: admin  //  Category: Commercial Property


Here in the United States, “fair market value” on any item is determined by what a buyer is willing to pay a seller for the item. Simply put, if I have a stick of gum, and I offer it to you for ten cents, and you want to purchase it for ten cents, then the fair market value of the stick of gum is ten cents.

While real estate also has a fair market value, it is a bit harder to determine because of all the factors which go into the valuation. A property, unlike the simple stick of gum in the above example, has multiple aspects for a seller and buyer to put different valuations on. Introduce a lender into the picture, and then you have a third option on valuation to deal with as well.

Determining commercial property market value is different than determining market value for a residential property. In a residential valuation you can simply look at other recent comparable sales in the area, of similar homes and lot sizes, and determine about what a property is worth at any given time. The issue you will find with commercial property is that they tend to be one-of-a-kind properties, and you may not be able to find many local comparable sales in recent times.

One major difference between residential and commercial properties is their location and their use. If you own a large lot inside of the city limits, with a huge warehouse store built on it, with a 10 year lease to a big box store, then you have a very valuable property. If you have the same lot size, with the same store on it, same lease, but it is located 30 miles from the only local town where most people in the area live, then you have a lesser valued property. Location, also known as market area, is more important in commercial real estate because businesses need to be near to their workers and to their customers as well.

Another consideration when looking at market value of a commercial property is the availability of similar properties on the market. By looking at as many properties as possible, you can start to get an idea of what different properties are selling for in your local area. This gives you some leverage to point out differences and better negotiate the price you are willing to pay. This will also give you some idea of how difficult it will be to find a tenant for your property.

If you are tying to determine the market value of a piece of commercial real estate, one of the factors you should always consider is how well other properties in the area are renting and what they are renting for. You will need the rental income to cover your investment funding as well as your day to day costs of owning the property. If you purchase a property at an agreed upon price, will the rents support the costs? What if your property sits vacant for a month or two? These are things you need to think about prior to purchase.

When trying to determine commercial property market value there are many factors which come into play. The biggest being the market area, local property costs, rental income potential, and the property condition itself. By determining what you are willing to pay for a property, and having a professional commercial real estate market analysis completed for you, you can avoid many of the mistakes new commercial property investors make.

By: Andrew Stratton

About the Author:
The KISCL program, http://www.kiscl.com uses the resources of seasoned real estate pros to help you determine commercial property market value [http://www.kiscl.com/whatsnew_sitemap.php] and much more. The commercial market is strong and a great way to increase your bottom line. Learn how to quickly develop realistic financing options.



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High Net Worth Property Insurance – What Exactly Is It?

September 15, 2009  //  Posted by: admin  //  Category: Property Insurance


If you live in a higher value home, or are a high net worth individual, with perhaps larger than normal value of property contents it can be hard to find appropriate insurance cover. Many standard off the shelf property insurance policies will not offer suitable cover for your particular circumstances. If this is the case you will require a specialist high net worth property insurance uk policy.

High net worth property insurance policies include many features that can vary from the usual home policies such as

- Full cover for all high value properties

- Special listed buildings cover

- Cover for unconventional homes/constructions

- 24 Hour personal contact

- Tradesman cover insuring you against maintenance of buildings

Because higher value homes are, by their nature, a non standard insurance risk, most high net worth property insurance policies in the UK are put together on an individual basis and tailored exactly to the customers needs.

The same approach applies to contents cover. Particularly valuable collections or items can be valued independently to ensure the cover you purchase matches your requirements.

Most high net worth policy quotes, because of their value to insurance companies receive a high level of personal attention form insurers. As a result it is more than possible for you to negotiate a better price upon receiving your quote. In addition the insurer may be able to offer a better deal if you include say your driving insurance into the same policy (this may be particularly relevant if you own a collection of cars for example).

By: James McKerr

About the Author:
If you want to find out more information about high net worth property insurance UK or cheap landlords insurance for buy to let please visit the authors website.



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Famous Architects

September 12, 2009  //  Posted by: admin  //  Category: Architects


Architects have been and will remain at the forefront of designing the built environment that surrounds us. As professional experts in the field of building, design and construction, architects use their creativity to simplify the complex process of designing and build socially and economically sustainable cities and communities. Following are some world famous architects known for their unique creative skills, vision and contributions.

Frank Lloyd Wright

Frank Lloyd Wright is one of America’s most famous architects. Although he had no formal education in architecture, he believed that his work as a farm hand in Wisconsin made him very perceptive and helped develop his spatial abilities. After studying engineering at the University of Wisconsin for a few semesters at the age of 15, he left to apprentice with J.L. Silsbee and Louis Sullivan. After working with them for six years, Wright opened his own practice. During his 70-year career, Wright designed 1,141 buildings, including homes, offices, churches, schools, libraries, bridges and museums. One of his most important contributions was the Prairie House style of architecture. He experimented with obtuse angles and circles, creating unusually shaped structures, an example of which is the spiral Guggenheim Museum (1943-49). He also developed a series of low-cost homes which he called Usonian. Although he earned recognition in the early 1900s as one of the popular modern architects he became the recipient of the American Institute of Architects only in 1949.

Some of his more famous projects were:

Frederick C. Robie House 1909

Unity Temple 1906

Fallingwater 1936

Johnson Wax Administration Building 1936

I.M. Pei

I. M. Pei one of the most famous modern architects was born in Canton, China in 1917. Pei grew up in Shanghai, but in 1935 he moved to the United States to study architecture and engineering at the Massachusetts Institute of Technology, and later at Harvard University. He became the Director of Architecture at the real estate development firm, Webb & Knapp in 1948 and then founded his own firm in 1958.

Over the past fifty years, Ieoh Ming Pei has designed more than fifty buildings across the globe including industrial skyscrapers, museums and low income housing. Concerened more with function than theory, the defining feature of I. M. Pei’s style is the use of large, abstract forms and sharp, geometric designs. His glass clad structures are born from high tech modernist movement.

During his career, Pei and his firm have won numerous architecture awards. He won the prestigious Pritzker Prize in 1983.

Some of his more noteworthy buildings are:

The Herbert F. Johnson Museum of Art at Cornell University

Bank of China Tower

John Hancock Tower

Louvre Pyramid

National Gallery


Le Corbusier

Le Corbusier, born in the late 19th century, was a pioneer of modern architecture. He founded what is popularly known as the International style or the Bauhaus. The essence of modern architecture as advocated by him was described in his 5-point theory that later became the guiding principle for many of his designs.

Freestanding support pillars

Open floor plan independent from the supports

Vertical facade that is free from the supports

Long horizontal sliding windows

Roof gardens

While the earlier buildings by Le Corbusier, called pure prisms were smooth, white concrete and glass structures elevated above the ground, his later designs used rough, heavy forms of stone, concrete, stucco and glass. He was a visionary who not only anticipated the role of the automobile but envisaged that cities would have big apartment buildings with park-like settings. Le Corbusier, as a famous architect was also known for his innovations in urban planning and his solutions for low income housing. Moreover, he believed that the stark buildings he designed would contribute to clean, bright, healthy cities. Le Corbusier’s dreams of such an urban haven were aptly realized in the Unité d’Habitation, or the “Radiant City,” in Marseilles, France which was built to incorporate shops, meeting rooms, and living quarters for 1,600 people in a 17-story structure. During his long life, Le Corbusier designed buildings in Europe, India, and Russia. Le Corbusier also designed one building in the United States and one in South America.

His most famous buildings are:

Palace for the League of Nations, Geneva 1927

Villa Savoye, Poissy, France 1929

Swiss Building, Cité Universitaire, Paris 1931

The Secretariat at the United Nations Headquarters, New York 1952


R. Buckminister Fuller

Born of poverty and bankruptcy, Buckheimer Fuller had contemplated suicide before his life changed courses and he became a famous architect known for his unique architectural styles dominating the 20th century. He believed that his life was an experiment and that it belonged to the universe. At the age of 32, he embarked on a journey to discover what a penniless and unknown individual might have to offer effectively to humanity. He searched for ways to do more with less so that all the people could be fed and have a shelter over their heads.

Although he never obtained a degree in architecture, he was a modern architect and engineer who designed revolutionary structures. His famous Dymaxion House was a pre-fabricated, pole-supported dwelling. His Dymaxion car was a streamlined, three-wheeled vehicle with the engine in the rear while his Dymaxion Air-Ocean Map projected a spherical world as a flat surface with no visible distortion. However, Fuller’s greatest contribution is perhaps the geodesic dome – a remarkable, sphere-like structure based on theories of “energetic-synergetic geometry” which he developed during WWII. Efficient and economical, the geodesic dome was widely hailed as a possible solution to world housing shortages.

Although his Dymaxion car did not achieve popularity and his design for geodesic domes is rarely used, Fuller made his mark in areas of architecture, mathematics, philosophy, religion, urban development and design.

His most important works included:

1932: The portable Dymaxion house manufactured

1934: The Dymaxion car

1938: Nine Chains to the Moon

1949: Developed the Geodesic Dome

1967: US Pavilion at Expo ‘67, Montreal, Canada

1969: Operating Manual for Spaceship Earth

1970: Approaching the Benign Environment

Louis Sullivan

Louis Sullivan is known to be America’s first and original modern architect, as he believed in creating his own designs and forms rather than imitating older historic styles. The unique element in Sullivan’s design was that he was able to create aesthetic unity in buildings that were tall instead of the typical wide buildings of the older times. He often used masonry walls with terra cotta designs, with intertwining vines and leaves combined with crisp geometric shapes. Louis Sullivan believed that the exterior of an office building should reflect its interior structure and functions. Ornamentation should be as natural as possible and used only when needed. He rejected the classical references and the ubiquitous arches.

Some of his important buildings are

Wainwright Building

National Farmers’Bank (Sullivan’s “Arch”)

The Bradley House

By: William Brister

About the Author:
William Brister – http://www.architecturaldesign.tv – All about Architecture.



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Spanish Mortgages Explained

September 09, 2009  //  Posted by: admin  //  Category: Mortgages


Does the thought of negotiating a property deal in Spanish bring you out in a cold sweat? The complexities of mortgages are confusing enough; let alone considering a different language and legal system.

Never fear though, as there are experts who can guide you through the process and do the negotiating on your behalf. Most will speak fluent English, and have a thorough knowledge of the Spanish market and house-buying process. As it has become more and more popular to buy abroad, the options have increased. You can now take out a ‘Spanish mortgage’ with some of the high street banks and building societies, specially aimed at those buying abroad.

Brokers

The mortgage system and broker system is very different from that of the UK. When it comes to dealing with local bank managers and solicitors, a good broker could make a world of difference, simplifying the process and making sure that you clearly understand all the Spanish terms. Be aware that brokers in Spain are not regulated – anyone can set up as one. You should look for one with an office, and that is SL registered (similar to a limited company). You can also request to see copies of certificates and qualifications. You will probably need to set up a bank account in Spain, or a multi-currency account.

Law Professionals

You’ll need a qualified solicitor or lawyer, who is bilingual and experienced in the legal process of buying in Spain. Anything that requires a signature or payment should be checked with your solicitor first. If you are not going to be resident in Spain, you’d do well to appoint a ‘fiscal representative’ to deal with correspondence from the government while you’re away – your lawyer is an ideal choice. You may choose to employ a ‘gestor’, a local who takes on the task of legal form filler and can assist with permits, licences and importing possessions, as well as financial matters. You may also want to consult a UK professional, such as a financial advisor, to check on tax issues. This will be particularly true if you intend to rent out your property.

Estate Agents

Officially registered, licensed estate agents can be your most useful contact throughout the whole process – with a good local knowledge they can advise on both finding and buying a property. The internet will provide a vast amount of agents dealing in Spanish property – check that they are fluent English speakers and fully licensed.

By: Joseph Kenny

About the Author:
Joe Kenny writes for the UK Loans Store where you will find information and reviews of the latest loans and offer more information on secured loans and other loan topics available on site.

Visit Today: http://www.ukpersonalloanstore.co.uk



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