Learn about Anne Arundel County Real Estate

What gets most people that visit the area is the vast coastline. The country actually boasts over 500 miles of beautiful coastlines, which is adequately premium waterfront real estate, which is in extremely high demand. If that’s not enough, then there are plenty of activities available within the local community for all ages. The most popular include the likes of sports and extreme water sports, all kinds of fishing, crabbing and swimming./p>

For the younger people in the area there are two major skate parks which offer both fun and excitement. For the older people in the area there are over 70 country parks which work well with the nature reserves that are also open to the public on a daily basis. Anne Arundel caters for almost all ages and interests, so it is understandable why it is so popular for both residency and vacation related visits.

The only problem with the area is that if you visit, it is likely that you won’t want to return home. Don’t think this is a place for a -party’ retreat, but instead look at it as a place that embraces the good aspects of life. For instance, most mornings the 13-mile Baltimore and Annapolis Trail is a great place to visit. Here you’ll meet a range of hikers, joggers, bicycle riders and of course horse riders. Bird watchers are also a regular occurrence here. This is mainly due to the fact that there are a huge range of rare birds spotted on a regular basis such as heron, egrets and eagles.

If you are looking at purchasing real estate in the Anne Arundel County, then all of the above will aid the decision. If you are looking to move based on jobs and family based activities, then the following will definitely interest you. The local area is jam packed of action filled days and weekends for children and adults alike. There are camping weekends for youths as well as football and baseball home teams, that have had some decent success over the last couple of years. Of course, every year there is an annual Bay Bridge Walk, which is an experience not to be missed.

On the employment side of things, it is just as positive. Over the last few years the growth of employment in the area as been huge and has been recognised as one of the strongest in the state. On the flip side, the unemployment rate is also one of the lowest compared with surrounding areas. This makes it both a great place to purchase real estate and an extremely stable place to be employed.

Because of the desire to live and visit the area, residential and commercial investors are jumping on the real estate ladder. You’ll see a range of properties that have been developed to an extremely high standard. A lot of the properties that have been redeveloped by real estate professionals are available to rent for vacation rentals or even long term rentals. Quick research on local property sites will see the high demand that the area gets. Property prices are steadily rising and as the local residents develop the area to become even more active, it is likely that property prices will see a sharp rise over the next few years, regardless of the economic downturn.

Thanks to ThomasvileHomes.net, builders of Anne Arundel county homes, for this article. Visit their website for more information on the company.

Registration Cost Of Properties To Increase In Andhra Pradesh

The Andhra Pradesh government in a bid to offset the revenue loss due to the real estate slump last year, ordered a fresh assessment of market value of all types of properties and effect the increase immediately.

The Andhra Pradesh government while issuing the orders for a upward revision of the market value of land and other forms of property in the urban as well as rural areas of the State wherever necessary, said, the exercise is being done to keep registration values inline with the property prices prevailing in various parts of the state.

According to the official sources, registration charges will go up once the revised market value of land becomes effective from the 15th April 2010.

Keeping with government orders, the Stamps & Registration Department officials have started a Statewide exercise to assess the actual (real) values of the lands and properties in consultation with their counterparts in the Revenue Department and tabulate them location-wise after upward valuation. The revised market values will be displayed at the sub-registrar offices all over the State, by 15th April 2010.

Revision is applicable to Apartments too

According to the registration department sources, the assessment is being made in case of flats and apartments too in urban areas, especially in Visakhapatnam, Vijayawada, Tirupati, Guntur, Warangal, Rajahmundry, Kakinada, Kurnool, Khammam,Nellore, Ongole etc where the value of land and property has gone up steeply. However,in contrast, the property prices in Hyderabad and its suburbs remained subdued or crashed by 15 to 20%.

Once the enhanced market values are displayed at subregistrar offices in the state, people purchasing the lands and properties will have to pay more towards registration charges.

Although the rates or percentages at which stamp duty, transfer duty and registration fee are collected remain unchanged, the “registration charges” go up as these will be collected on the enhanced market values.

Long overdue

Government sources said the they planned to effect an upward revision of the market values in all the urban and rural areas from April 1 for registration purpose as such hike was due from August 1 last. Under the new policy, the market values will have to be raised annually for both rural and urban areas.
It, however, deferred the decision, fearing possible public outcry and in view of the slump in the real estate market due to global slowdown.
The figures released for the year ending 31st March 2010, the Stamps & Registration Department incurred a 23% shortfall in revenue accruals. While increasing the target for the new financial year by almost 10%, the government has set a whopping Rs. 3500 crore as the new benchmark.
It is no secret that government found an indirect way to fill its coffers by increasing the property values without touching the figures of stamp duty, transfer duty and registration charges.
This move, is certainly going to create ruckus in the real estate sector in the state which is slowly but steadily recovering from the economic and political jolts.
After all, the state is now under the rule of a man who is known to be the master at playing tactics vis–vis financial management.

Investors Choice in 2015 are Residential Projects in Noida – AtnInfratech

Everyone thinks of owning a wonderful home that is designed with feelings where mind can discover serenity and one can enjoy the feeling of self content. There is a big lot of migrants who have come to Delhi from various declares in search of a better job. For having a proper pleasant life, a leased house is never recommended. Thus, individual’s strategy to own houses so that they can discover psychological fulfillment. At the same time, there are individuals who wish to get their money in property. This sector guarantees higher results, thus it turns on traders a lot. Qualities are expensive in Delhi, consequently individuals run towards the creating NCR region; Noida. The town of New Okhla Industrial Development Authority had been designed to meet up with real estate, commercial & industrial need when Delhi become over booming and more complicated to own.

People are generally in a row for buying houses in residential projects in Noida. Noida is the best among NCRs because the location is full of plants. The town has better company leads, consequently big number of company companies have lately set up there. This has produced numerable qualitative job possibilities for citizens. Various big company and MNCs have recognized their secret headquarters in Noida. Thus, the job possibilities are not less. This is performing as add on for individuals who are planning to purchase personal flats. In addition to this, the town is providing better knowledge to learners. Various excellent universities give learners the quality to train and learning. The features at Noida is extremely excellent and provides world-class comfort through well designed roads; transportation system and 24X7 energy back up. With the inbound of the Delhi City, its connection with the investment and around places has become even simpler. It is not just Noida; even the adjacent places like Greater Noida and Noida Expansion are being recommended by the Indian inhabitants. With enhancing the Noida Show Road these places are simpler to reach.

One can come across numerous flats & apartments in Noida for sale that offer both high-class and comfort. These models are available in choices of 1/2/3/4 BHK prepared with best features in reasonable prices. It is eventually performing as magnetic for both citizens and traders. There are various tasks going on across the area where one can strategy to spend money on. Every industry of Noida provides best to citizens. You have the perfect opportunity to own a dream home with every amenity you swish for in a prime locality In your budget.

Capitalisation Rate In Real Estate And How To Calculate It

Capitalisation rate is the percentage figure used to find out the current value of a property based on a figure of future net operating income. When divided with the capitalization rate, the net operating income of a real estate property will provide the approximate market value of the property.

When determining the capitalization rate of a property, the rates applied to real estate properties of the same nature sold most recently is used. When determining the capitalization rate, the sales value of an asset sold most recently is divided by the income it generates decisions. This provides a more objective way of valuing real estate properties which can be used not only by the seller but also by the buyer alike. It will assist the seller get the right piece for his investment while the buyer prospective buyer will use it to make informed decisions as to whether or not the value of the property is properly estimated.
This acts as a good base for estimating the value of income generating real estate properties when buying or selling. By looking at the sales price and income of other related properties located in similar environment, you can come up with an acceptable capitalization rate that will enable you determine the value of your asset based on the current income.

Determining the capitalization rate need not be an arduous task. You can start by collecting the statistics of recently sold properties in similar or the same locations as your property. The chosen property should correspond with that of your property. You need to determine with high degree of accuracy the net realizable rentals by the owners of the property. For instance, you can take the net rental income realized by the owners to be $30000.Get the sale price of the asset and divide the net income by the sales price. This will give you the capitalization rate. If in this case the property was sold at $900000,you have it divide by the net income of $30000,the resulting figure will be 0.33.Then convert this figure to percentage points by multiplying it by 100.This will give you a capitalization rate of 3 percent.

Capitalisation rate have become a great help to the owners of property owners who have the intention of selling them. Without capitalisation rate, it would be hard to value real estate assets. Many people would be deceived to accept lower prices by the buyers of the same properties. Since you will use other properties that are independent from yours when working out the capitalization rate, you will be assured of a better return when you finally decide to dispose your property. The determination of this rate need not be a headache. The procedure is quite simple. Get the net income of a real estate property sold in recent times and divide it with the sales value. Then you convert the figure obtained to percentage form. This figure will aid you in working out the real market value of your asset.

Know The Work Environment Of A Real Estate Agent

Any such person usually has extraordinary skills in researching various properties of the region, making an analysis of the properties and then bringing in together the right kind of buyers and sellers. The work of any Calgary realtor involves hours of research, training and continuous education to stay updated about the property market in Calgary.

The work environment of any Calgary realtor may not always be comfortable and luxurious. A realtor might not spend his office hours in the comforts of his office, but he might be moving from one location to another, attending seminars, workshops and open houses to know more about properties. He might hardly get to spend time in his office and work in a relaxed manner. An agent might often be required to work beyond the standard forty hours a week and work full time during weekends and evenings too to meet the various commitments towards the clients. He usually does not have any fixed working hours and the working hours might really be long and very irregular. A realtor has full freedom to determine his own working schedule as per his needs. It has been observed that agents do not even get the luxury of a Sunday when there is too much of work load.

The recent advancement in telecommunication and the use of internet in property dealing has helped many realtors to work from the comforts of their homes. They can now use internet to get in touch with their previous and prospective clients, have their own websites and store all relevant data in their own office. If any realtor wishes he can make his own home his office and work as per his own schedule. This reduces external hassles related to communication and traveling and makes him have a work environment as per his own liking.

Tips On Tenant Improvement Allowances

Tenant improvement allowances, funds provided by the landlord to improve office space, are becoming increasingly prevalent during landlord-tenant negotiations, and all companies should consider their role in creating an ideal office space. However, companies seeking to lease at least 5,000 square feet of Class A & B office space with a lease term of at least five years can exercise much greater leverage on the landlord and will typically find it easier to achieve many of the suggestions below. If in doubt, you should consult with a real estate broker to determine the feasibility of any specific item.

1. In todays economic environment, many landlords are providing and funding 100 percent of the building standard installations required by tenants.

2. Tenants should try to negotiate above-standard items, such as millwork, extra HVAC, large glass walls, plush carpeting or special lighting, to get them included in the tenant improvement allowance provided by the landlord.

3. When landlords refuse to fund all or a portion of above-standard items, tenants can try to amortize their cost into the rent over the term of the lease instead of paying out of pocket.

4. Funding above-standard work can also be achieved via negotiating tactics, for example, offering to decrease the quantity of free rent and increase the tenant improvement allowance instead.

5. We recommend tenants hire an architect to represent their interests and suggest a layout and design of the space to ensure tenant improvement allowances are put to the best possible use.

6. Tenants can avoid the need for a large tenant improvement allowance by touring many suites and finding one with a suitable existing configuration. However, we advise tenants to avoid compromising the amount of their tenant improvement allowance just to decrease the rental rate.

7. Landlords are providing generous tenant improvement allowances for new tenants, and tenants can use this as leverage even if they are only renewing, especially if they have occupied the space for the past five-to-ten years.

8. If landlords offer a specific dollar amount for a tenant improvement allowance, we advise tenants to negotiate an open-bid format, based on an expert review by their own architect, project manager or construction firm.

9. Many companies are using tenant improvement allowances to create more light in the workplace by adding glass in offices and conference rooms. From narrow, vertical side-windows to full walls of glass, natural light illuminates interior areas and provides sight-lines for workers to improve communications and productivity.

10. We always recommend tenants hire an architect to brainstorm about the best uses for tenant improvement allowances. Many companies are decreasing hard-walled offices in favor of flexible workstations and huddle rooms, small two-to-four person conference areas, to accommodate departments changing needs.

Making The Grade Understanding Commercial Property Ratings

If you’re looking to start up a business in Sydney CBD, one of the greatest challenges is finding suitable office space. Unlike looking for a flat or home, your commercial real estate is critical to your business – location and appearances are everything; but how do you balance the best expensive costs of prime commercial with your operations budget?

Australia has a commercial property rating system that helps businesses determine which type of property is best suited for their needs. From the most expensive Grade A Sydney CBD locale, to Grade D bare bones facilities, find out what grades of commercial property are out there and what it all means for your business.

Which Grade of Commercial Property is best suited to your business needs?

Grade A: Grade A properties are prime locations in highly sought-after addresses. The properties will be in the heart of the financial or business districts and be relatively new or recently refurbished, with state-of-the-art fixtures and fittings. Rents in Grade A offices will naturally tend to be higher, catering to the executive classes of Fortune 500 companies. Traditionally, Grade A property tends to be leased or bought by banks, brokerage houses and high-profile law firms. Meanwhile, with the latest boom in the demand for sustainable and ecologically advanced premises, many of the newest “green” buildings tend to fall within the A Grade. Cities like Sydney always growing and Grade A property is now available in many outside of the immediate CBD to business districts in the City Fringe, including Surry Hills and Pyrmont.

Grade B: As Grade A property tends to be scarce and relatively pricey, the majority of businesses, especially newer ventures, will opt for Grade B office space. Grade B buildings will be less expensive but include all your standard amenities to make a good impression. Grade B offices tend to be a little bit away from the prime markets, but they could be on a main strip in a smaller city fringe suburb. Smaller law firms, independent investment consultants or doctors’ offices make great use of Grade B buildings. Many cities have Grade B office building clusters near airports or other transportation hubs, but away from the central “downtown” areas and business districts.

Grade C: Grade C properties are inexpensive, functional buildings. Furniture and fittings tend to be older and buildings are maintained to a lower standard than higher grade buildings. Grade C offices are best suited to call centres, small firms and start-ups and will tend to be older and located farther out of the central business districts. Don’t look for pretty lobbies or plush carpeting in Grade C buildings; these are about function over form.

Grade D: Grade D office space is the least expensive commercial property grade – and for good reason. Office space in Grade D buildings tends to cramped, furnishings and fixtures are relatively shabby. Most of the space in the facilities will be used for storage or manufacturing. Grade D buildings are well outside the standard business areas, often located in industrial parks. Grade D properties are suited for manufacturing or distribution companies that require large warehouse industrial real estate in Sydney or storage space as adjuncts to office space.

Meanwhile, some central CBD areas have gone beyond the traditional grading system. Some of the most exclusive property is now considered “Premium” property above Grade A. Look for these at prime locations with “Harbour Views” and exceptional quality.

Keep in mind that when you pick your commercial real estate, it’s more than just the grade that matters. Consider for example whether you need a store front. You can often go a grade up in your choices by downsizing your space requirements or looking outside the CBD to outer suburbs, such as the City Fringe.

Population Spurs Guwahati Real Estate

Guwahati, the capital of Assam is the most important destination of Northeast India. It is surrounded by the Seven Sister States- Nagaland, Aruncahal Pradesh, Meghalaya, Mizoram, Tripura, and Manipur. Guwahati is famous for its rich coal reserves, natural gas, oil industry and tea plantations. Being the largest city of Assam, it is the industrial, educational and commercial hub of the state.

Guwahati is located on the bank of the Brahmaputra River and is heralded as a corridor to the entrance of northeastern states of India. It is one of the most rapidly developing cities today as large scale investments in real estate in Guwahati and nearby areas are being made. The primary reason for such growth is the ever-growing population of the city. This considerable increase in population happened because:
Guwahati is the economic centre of the state and so, the most preferred destination for migrants in Assam.
The fast paced development of industrial sector attracted more number of professionals to the city. These employees then generate accommodation needs leading to rise in demand for residential property.
Guwahati is home to some very prominent educational institutions of the country like IIT and other world class colleges. Students from everywhere throng the city while resulting in higher demand for housing spaces.

Knight Frank, a leading global property consultant observes that the immense rise in population has in a way proved beneficial for Guwahati property market. Large numbers of residential units comprising individual houses, apartment buildings, etc. are developing fast in the city. High street retailing is also flourishing with various departmental stores, supermarkets and large format stand-alone stores being established. Organized retail has also been growing with apparel stores and food and beverage chains setting up their flagship stores in the city.

Though Guwahati hasnt seen an IT wave as prevalent in other cities but FMCG, insurance and financial companies have been taking interest in bringing their operations to the city. Many more are scouting for vacant land in the city to settle their presence in the city as central locations have almost reached saturation levels. The peripheral areas of the place are on the path of becoming new hotspots for real estate development. Due to such large-scale growth, hike in rates of property in Guwahati have been recorded from past few years.

The noteworthy developments among the residential projects that have shaped in the city in the residential sector include the following:
Guwahati Metropolitan Development Authority (GMDA) has come up with a Games Village at Sarusajai consisting of 700 residential units.
Another project by Brahmaputra Constructions comprising 150 apartments on RG Baruah Road is another important project.
Various infrastructure development projects are under progress to develop this upcoming region of Assam. The Games Village Township would further generate commercial developments in the area. Some national level retail corporations and international brands are also expected to enter the Guwahati real estate market soon. Moreover, local property developers are building up many residential and commercial projects like Riscon Villas, Southern Retreat, Protech Park, Agrim Residency, Uttarayan Greens, Zenith Heights, The legacy, Royal Circle and many others. In addition to these, Divine Plaza in Ganeshguri, Vishal Megamart at Paltan Bazar, Shopping centre called Hub at Bhangagarh, multiplex named Dona Planet, etc. will open shortly.

Guwahati witness huge migration from around the country, especially from north eastern states. These developments are instrumental in accommodating this population and in supporting the economic growth of the city. Property in Guwahati is all set for a higher boom and comes across as an ideal time for investments in property.

Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Homework To Complete Before Buying Real Estate

Owning a home can be rewarding and fun, but it also requires a little bit of work. What also requires work is the process for getting yourself and your finances ready to buy a home. Many experts and Pebble Creek real estate agents suggest that you start working on these things even a year before you are planning to buy your home so that you are as prepared as you can be. More information can be found by visiting your local real estate agents office. Here are some essential homework assignments to complete before shopping for a home.

Work On Your Credit Score

Your ability to buy a home is going to be dependent on 3 major factors: your employment history, your annual income, and your credit score. This actually surprises a lot of people, and when they have decided to buy a house, they may find it more difficult because their credit score is not where it should be. The higher the credit score, the more you will be able to afford and the more favorable your loan terms will be. People with higher credit scores will typically pay less for their homes because they are paying less in interest and more towards the principle balance. Another important part of this factor is to avoid applying for or obtaining new credit for a year before you want to purchase a new home so that you can make sure to have a clean credit rating when the time comes.

Save Up Some Money

For some loans, you will need as much as 20% of the total sale price of the home you are buying saved up for a down payment in order to buy. Other loan programs may not require such a sizable amount, but either way, having some money saved up to put down towards the home of your dreams is a great idea. First of all, it will put you in a much stronger position than some of the other potential buyers who are not able to put anything down. Second, it will lower your principle balance for when you do get the home. Finally, it will help you qualify for a higher priced houseand possibly a nicer houseif you can take the down payment amount out of the equation and finance the remaining balance.

Keep Your Job

As mentioned above, one of the factors that is going to affect your ability to qualify for and purchase a home is your employment history. If you are in a job that you dont like and are thinking about quitting, you might want to reconsider your timeline if you are wanting to buy a house in the next few months. The lender of the loan you want to buy will want to make sure that you have a verifiable, steady source of income for as long as possible before buying a home. Buying a house can be a lot of work, and working on getting your finances in order can sometimes be as well. However, the investment will be worth it as you enjoy your new home for years to come. You can find more information by talking to a qualified Pebble Creek real estateagent.