Moving Towards Tech & Trust

Even if you are a rookie when it comes to the subject of real estate, you may have had to inevitably deal with one real estate broker or another at some point in life. With an estimation of nearly 5 lakh brokers in India, the real estate space is turning ruthlessly competitive. When they say it's a dog-eats-dog world, they can really draw reference to the real estate industry. The concept of real estate brokers gained prominence in the absence of the internet when it was nearly impossible to get hold of any sort of information about a property. Adding to the woes, there were fewer ways to advertise properties among people. Those were the days when brokers possessed all the real estate related information. Since then, brokers have been playing a major role in the promotion of any property. The role of a real estate agent primarily focuses on helping consumers untangle the inflow of housing information from one to the other. Today, however, the role of a broker has witnessed a drastic change from simply being a gatekeeper of information to being touted as a local real estate expert.
In the present scenario, the methods of operation for real estate brokers have changed and their working pattern has become more transparent with time. They add a lot of value to the overall transaction process by playing a critical role in helping buyers and sellers come to a conclusive agreement. No more can they be called agents or advisers; instead they are a one-stop solution for the potential customers.

In the ambit of regulation

Traditionally most of the brokers are unregistered in India and have no set standard of qualification or license to be in this business. This is one of the main reasons for this profession having a severe trust deficit and other malpractices that are prevalent today. Having proper licences and checks and balances in place will make a world of difference for consumers. The real estate regulatory Bill proposes licensing of brokers. The biggest benefit of mandating registration of brokers is that there is some accountability built into the system. The early attempts at training real estate agents started in the late 1990s when the Housing and Urban Development Corporation (Hudco), through its training wing Housing Settlement Management Institute (HSMI), ran a real estate training course. Key parameters were identified and training imparted. Today, those trained realtors have formed an association – ACRI.

The Real Estate (Regulation and Development) Bill, 2013 will primarily benefits the consumer. Government agencies such as the National Housing Bank have been trying to find the formula to get brokers together. ACRI is a good initiative as it will tell the user that a credible set of people are working on the brokerage of the real estate transaction.
The Bill regulates transactions between buyers and promoters of residential real estate projects. It establishes state level regulatory authorities called Real Estate Regulatory Authorities (RERAs). Residential real estate projects, with some exceptions, need to be registered with RERAs. Promoters cannot book or offer these projects for sale without registering them. Real estate agents dealing in these projects also need to register with RERAs.

Going digital

With the dawn of the internet, real estate brokers have become more organised and planned. More than just being information providers, they act as trained professionals who guide you in buying your dream property. With the number of e-commerce portals escalating day by day, the brokers now draw maximum advantage along with the developers to display the properties available for sale. E-commerce metamorphoses into an innovative platform for real estate brokers, which provides them a collection of tools to maximise their conversions and revenue and provide efficient service to their end users.
A broker can now easily access the portals either on his desktop or via mobile phone, making the process easier. The new age of digitalisation also introduces the brokers to certain software wherein they can submit their customer's information on a property in 60 seconds against the three to four hours it took earlier.

Ref - http://www.udayhomz.com/media-coverage-moving-towards-tech-trust-1

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Look Before You Invest For Flats In Noida

Noida is a place that has a lot of options in matters of residential spaces. This makes it a place to live and as Noida has been something that has generated a lot of interest by the low property prices. The whole process is very simple to execute and so the commercial as well as residential spaces have been selling out easily here in this belt. The city has a whole list of builders who have been looked up as great ones and have many projects already built or more coming in.

Noida was originally developed to make space for the rising demand in the Okhla Industrial Area and so the people have been making the decision to shift to this piece of property as the prices here are very low and that makes it a suitable investment to begin with. The buyers want to make it essentially big and so the ongoing projects in Noida Extension have been hit with the buyers. This makes it easy for you to select and buy the one that suits your needs. A city like Noida where the infrastructure is in place, will have a lot of options to explore the various residential properties. This is the reason that people have been investing in the city. Properly laid out roads, sewage system, electricity, water supply and other amenities essential to living in a city.

Under construction projects in Noida Extension have been very popular because of the rising demand in property prices. The city of Noida had to be expanded and to new areas like Noida Extension and Greater Noida were developed and that is why new roadways and infrastructure had to be developed. This makes it superb to make the easiest decision in terms of property investment. The people have been choosing these locations as the returns are a lot and that makes the best of options in terms of real estate.

The costs are the best and the fundamental fascination for buyers. Purchasers need to contribute little and gain more and this chance is accessible in Noida and its suburbs. For the purchasers, this is a decent time to purchase property as the costs are very low at this time. Also, to add to it, the spot is situated at a vital area which is only 14 km far from Central Delhi. In the event that you pick this then the network won't be an issue. The location is another reason that individuals are running to this spot and making it their home. The finished residential projects in Greater Noida have been an incredible hit amongst purchasers and speculators thus have sold out entirely quick.

Noida has an extensive potential as far as the residential spaces that it has thus the shopping buildings are accessible here in an expansive number. Other base needs like sewage, power, water supply, banks, clinics, ATMs, road lighting, commercial centers, schools, colleges and significantly more has been made accessible here. Not just this, the city will soon have complete Metro network in all parts. Until further notice Metro is just accessible in a couple of zones thus that is restricted to a certain regions yet later on Metro will see development and would join the remaining ranges too.

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The Beautiful Morning And Cozy Nights At Yamuna Expressway

The real estate arena in the Delhi NCR has witnessed a rapid upsurge in the past few years. While Noida, Noida Expressway and Greater Noida have already seen a transformation in recent years, the most talked about destination now is Yamuna Expressway that connects the two major cities Agra and Delhi Via Greater Noida. Yamuna Expressway is one of the prominent location in NCR that offers hope for people looking for affordable housing in the era when property rates are touching sky and accelerating rapidly. With improved connectivity and fast space infrastructural development Yamuna Expressway is considered as one of the best location for real estate development.

Few years back the inauguration of Yamuna expressway has boosted the realty market of Greater Noida and the areas adjoining the Expressway. The 165 Kms long expressway has wide land availability and offer large scale development such as integrated townships, affordable housing, commercial, industrial and recreational development. The region has been in abuzz with real estate activities since its inauguration and several real estate developers have already come up with numbers of residential and commercial projects. There is now a separate Yamuna Expressway authority that is responsible for creating and implementing growth plans for this sub market. Long term planning infrastructural development have been set up and according to the Master plan of 2021 of the land has been allocated for the residential development whereas 28% for industrial zone and the rest 21% is set aside for the green belts. The systematic planning of the city has geared up the growth of property market resulting the economical growth of the area.

The budget friendly prices of properties of Yamuna Expressway has made the region as most sought after property destination for buyers and investors. Buyers can get some of the best residential projects in Yamuna Expressway. To boost the area's profile further, the authority of Yamuna Expressway has alloted number of plots to reputed builders and developers to develop affordable home, residential townships, luxury villas independent floor and many more.

There are several factors that indicates Yamuna Expressway to be future realty hub of Delhi NCR. The development of the proposed metro connectivity and the infrastructural growth of the area is likely to boost the realty development in coming future. Same as Greater Noida several corporates have begun operating and moving to Yamuna Expressway and most of the companies have shown interest to extend their offices in this area. All amenities and facilities available at such competitive rate has fueled the commercial market to flourish. As projects are mushrooming along side of Yamuna Expressway buyers can get great options of some of the best commercial projects in Yamuna Expressway. With superb connectivity and well developed infrastructure the area is best suited for buyers who want to buy affordable property in the proximity to Delhi. The sub market with low prices and upcoming projects with affordable pricing provides enough scope for future development and investment in infrastructural projects to create a well developed hub which equals good investment options.

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Understanding Real Estate Investment Trusts

A Real Esstate Investment Trust are a special type of investment scheme that operates more like a mutual funds but invest in real estate properties for returns. REITs controls the possession and management of income generated by residential or commercial property, REITs are an effective way of raising capital and provide an easy exit rout to investors. REITs help you to gain better return on investment compared to the other asset class. It allows you to claim several tax benefits so that you can gain higher income from your real estate investment.

The creation of REITs is a game changer for the real estate market of India. Just as mutual funds do with equity and depth, REITs will pool money from investors and invest them in income generating rental asset offering them a way to earn maximum profit by investing in property. Based on the type of real estate investment REITs are categorized into different types like

Mortgage REITs

 
Mortgage REITs are the trust that provides loan to the property owner in return for a mortgage on property. Moreover, the trust also buy mortgage and mortgage backed securities, and get their proceeds from the interest collected on mortgage loans.

Hybrid REITs

These trusts generate their revenue from rent, like equity REITs, as well as interest on mortgages like mortgages REITs.

Retail REITs

 
Retail REITs are the investment trust that own and manage commercial ventures like industries and shopping malls. They earn their revenue by leasing out these properties to retail tenants.

Health Care REITs

For health care centers like hospitals, nursing home, retirement home there are many REITs investment trust that invest on these properties. The REIT lease properties are managed by third party manager who pay them fixed rent along with operational and maintenance cost.

Office REITs

 
The official buildings are leased out by office REITs generally for long run. A long term revenue are being generated from the rent paid by these offices.

How REITs  Benefits the Real Estate Market

REITs has opened options for non property owner to invest on property. The shares of REITs offers liquidity which means they can be sold or purchased easily. The REITs works as a public sector investments in real estate. For small scale investors REITs provide opportunity to invest in large scale commercial real estate. The REITs regulates the money that come from different investors and use it in a lucrative real estate deals. Further the profit earned by different ventures are distributed among the investors. REITs helps to improve transparency in property market as the information is frequently disclosed on average rent, tenant profile, renewal profile and occupancy level. Availability of such information helps to control the violation in real estate market. With the help of REITs trust government is pushing for private public partnership for the improvement of infrastructure sectors. Also number of developers are considering developing affordable housing and venture into the development of industrial park. These development will provide necessary trust to the real estate industry and in turn to the growth of REITs.

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Step By Step Guide in Buying A Home In Greater Noida

Over the last few years Noida has emerged as a major destination for home buyers. Noida, with its huge real estate market is known for its affordable alternatives for middle income buyers in the NCR. Noida along with suburb areas like Greater Noida, Noida Extension and Yamuna Expressway is developing as a hub of realty market for all types of properties. One of the major reason in uprise of realty market is the average home prices in these regions are significantly lower than in Gurgaon which is associated with the high end apartments. Investing in the real estate of Noida has several benefits as the city has its own advantages. Here are some tips that can help you to buy property in Noida.

Look For the Right Property

Noida is attracted by worldwide developers and investors as it offers huge range of property option to the buyers. The city offers wide range of apartments and flats both as affordable and luxury projects. Depending on the locality the rates are defined for different properties. Flats and apartments are a good investment options for buyers in region like Noida Extension and Greater Noida. As these area are developed in a planned way and with the affordability of the projects its an opulent place for buyers to own property. Apart from this buyers can also invest on plots near Greater Noida depending on their budget and preference.

Choose a Right Developer

The real estate market in India is unregulated so before investing in any property it is very crucial to for buyers to do research on the respective property as much as possible. The projects being developed by an unknown developers are prone to execution delay. It is always wiser for buyers to pay little premium and go with reputed and known developer as these developer ensures the execution of the projects even though it may still get delayed.

Great Resale Value

As buying a property is not a small deal, it is very important for buyers to consider the impact of good resale value.  With the rapid development taking place in Greater Noida like the construction of proposed metro, development of social and commercial infrastructure and with the new launch residential projects in Greater Noida. The property market of this region is bright in coming future and buyers can ripe good resale values of property in near future as with the growing demand the prices of the properties are likely to appreciate profitably in near future.

Projects Specification

As Noida and its suburb areas are developed in a very planned way. The projects in Greater Noida are developed in great locations. With the growing demand of property in this region developers have come up with best new projects in Greater Noida that are developed in great location and offers good specification to the buyers. With a lot of open space and greenery you can find all types of basic facilities in the proximity of projects.

Noida is a great place to own property and with the rapid developing suburb regions investing in the real estate market of the city can bring profitable outcome for buyers in coming time.

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Top Location To Invest In Noida Expressway Real Estate

Noida has developed as a One track growth pattern over the years then the recognition is just a results of that. The planned nature and areas build it another issue that results in the rising numbers of property purchases. The town has forever had the advantage of being in proximity to metropolis which makes it one amongst the foremost desired location for all. The comes that come back over here area unit one amongst the foremost profitable ones and supply all that one will probably imagine. they need all forms of facilities and amenities. the town of Noida has diode to the expansion of 2 additional areas Noida Extension and Greater Noida. These two have risen up like hubs of growth.

New comes in Greater Noida are developed to an outsized extent and this can be why the acceptance for these property sorts keeps on increasing. This can be one 7 biggest reason to buy property at Noida Expressway. the town has several townships that have all forms of facilities. each Noida Extension and Greater Noida have all amenities and area unit equally smart at the infrastructure provided and also the quality of life gift here.

The prices area unit the most effective and basic attraction for folks. consumers wish to take a position very little and more and this chance is on the market in Noida and its suburbs. For the consumers, this can be a decent time to shop for property because the costs area unit touching AN all time low. And to feature to that, the place is found at a strategic location that is simply fourteen kilometer aloof from Central metropolis. If you select this then the property won't be a problem. the situation is another excuse that individuals area unit flocking to the present place and creating it their home. the finished residential comes in greater Noida are an excellent hit amongst consumers and investors then have sold-out out quite quick.

The city includes a giant potential in terms of the residential areas that it's then the searching complexes area unit offered here during a sizable amount. alternative infrastructure desires like waste matter, electricity, installation, banks, hospitals, ATMs, street lighting, market places, schools, universities and far additional has been created offered here. Not solely this, the town can shortly have complete tube property all told components. For currently tube is just offered during a few zones then that's restricted to a number of areas however within the future tube can see enlargement and would connect the remaining areas similarly.

A vendee needs trendy amenities and industrial comes at Noida expressway. These facilities build a living swish and splendid and these area unit the aims of one's life. recently engineering systems like home automation, personal swimming pools, caretaker services and gymnasiums are in demand and area unit provided by builders. this can be the explanation that Noida has been gaining quality over the years. Not solely luxury, however additionally reasonable services are the trend recently. this can be why the govt. has come back to power and has come back up with several reforms within the assets sector. All the new comes at Noida expressway offer all forms of info and services.

The comes being developed within the town have all the options of a decent residential township. this can be the explanation that build it an area of interest. the town of Noida, Noida Extension and Greater Noida have all facilities referring to a healthy and comfy life. The comes that area unit offered here are some way to form things swish and comfy. the town has been planned to cater to an outsized population then the roads area unit planned and swish.

For More Info  - http://growupnowmedia.blogspot.in/2015/05/why-invest-in-noida-property.html

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The Effect Of Macroeconomic Factors On Real Estate Sector

Despite the fact that the financial markets all over the globe are experiencing a slump, Indian economy is growing at a rapid pace. The growth of the economy  can be measured by using the macroeconomic factors. One positive sign for the Indian economy is the presence of strong macroeconomic fundamentals. This fact is supported by the Governor of Reserve Bank of India (RBI), Raghuram Rajan. India’s gross domestic product (GDP) growth had improved as observed in June. There are different ways to calculate growth. If the method of measuring the growth rate is changed, it has an effect on the GDP. The real estate sector is affected deeply by the macroeconomic policies of the Government. The performance of these macroeconomic variables is crucial to influence the real estate assets.

There are a few reasons to support the fact that India is performing well at the aggregate level.

1. The Indian economy is growing at a fast pace. In fact, it is considered to be the fastest-growing major economy in the world. The GDP growth rate in the last quarter of the previous financial year was 7.5 per cent. Rajan explains that India has the potential to grow at a much faster pace. However, the recent performance that India has shown in terms of GDP is decent. India has shown a tremendous improvement in the growth rate of GDP. Earlier, it was growing at a gradual pace.
2. Rajan, being an eminent economist, understands the significance of inflation targeting. A few years ago, India was the only large nation with an unusually high rate of inflation. It was facing double- digit inflation, two years ago, when many countries witnessed a fall in prices of commodities However, this situation has changed. The inflation rate of Indian economy has reduced. In fact, it is performing better than countries like Russia, Brazil and Indonesia.
3. The home loan interest rates have fallen. According to Rajan, the RBI is happy to deliver lower interest rates as inflation has fallen. Moreover, the RBI has started slashing interest rates. Also, the central bank cut the repurchase rate thrice over three monetary policy reviews in the year 2015, by 75 basis points in total.
4. The prices of the commodity are low now and this expected to continue for a while. The  economy of India is becoming more prosperous, therefore, greater domestic and foreign investments are likely to happen in the next few years.

     However, there are a few reasons that are a cause of concern for the Indian economy, as stated by Rajan.

1. India can do much better in terms of its GDP growth rate. Unfortunately, it is still below its potential.
2. Moreover, the inflationary expectations are still high. This is another major cause of concern for the national economy.
3. Also, the non-performing assets in the financial system are still high.

Nevertheless, strong macroeconomic fundamentals have the potential to influence the realty market of the whole nation. Real estate assets are likely to perform better when macroeconomic performance is better. GDP growth rate and real estate prices are closely connected to each other. In addition, as the interest rates fall, the demand for real estate increases, thereby, leading to a hike in real estate prices. Also, the price of residential property in India will rise too. The ratio of home prices to GDP growth will tell us a lot about the future economic performance of India. In fact, when there is high residential property prices to GDP ratio, it implies that the future productivity of an economy is high.

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