Yet another unknown fact about Indian real estate is underlying in Jones Lang LaSalle’s report which says India property market will be in an upswing from the last quarter of 2009 and over the next 5 years and the industry will attract up to US $ 12.11 billion investment. Again, an estimably 150 square feet of office space will be acquired by the IT and ITES sector alone by then year 2010. Another great procurer of office spaces will be the organized retail marketing sector. It is estimated that this sector will be in need of an additional 220 million square feet space by 2010. This growth momentum will sweep across all tier-1 and tier-2 cities. Further, a joint study conducted by Jones Lang LaSalle Meghraj and Cushman & Wakefield India in association with Shopping Centres Association of India, christened Mall Realities India 2010, says that during 2009 and 2010, a projected 100 malls of over 30 million square feet will be opened in India.

It would be an unknown fact about in real estate India, that in the construction industry Indian companies are making double the profitability for their projects when compared with their US counterparts. Indian construction firms are making on an average 18 percent profit while the US companies are making only half of that. Another unknown fact is that foreign institutional investors (FIIs) are very much confident in investing in Indian real estate and the there has been a whopping 400 percent increase in the past six months.

Real estate investment is lucrative option due to other reasons also.In the emerging consumer market trends,India has acquired much prominence internationally.Hence, the major multinational companies have made a beeline for the Indian subcontinent.In the growing commercialization of the region,commercial property in prime locations is attracting higher appreciation day by day.Hence it will be a lucrative option if investments are made at the choicest locations which are commercially important.Alongside,residential properties in the metros can fetch better returns if they are suitable for corporate and NRI purposes.In the major industrial centres and commercially important locations,residential property market also shows a rising trend.Here, the prudent investor should be able to see which type of property would be ideal for the corporate and NRI clientele.

Another area where you can make real estate a lucrative investment option is the housing for the middle-income level.It has been estimated that in the coming years there is going to be the need for 10 million middle-income level residential units in India.Hence,if you are intelligent enough to locate the ideal locations where you can invest in this kind of residential properties in India,it is reportedly a safe investment option which can earn you lucrative returns.Here again, you have to make intelligent assessments.In the wake of the growing commercialization and urbanization of the major urban centres in India, the residential units for the middle-income level urbanites are to come up in the suburban belt around the metro centres. Therefore, the prudent investor should identify the prospective locations where there will be great demand for this type of residential units.It has been found that affordability is the new mantra of residential property marketing.Realizing this rend, the construction majors in India have made heavy investments in this sector.This trend is expected to continue in the coming years also.And the intelligent investor should make it a lucrative option.

You should be savvy and prudent enough to assess and speculate the existing trend and arrive at your own finding whether the trend is going to last long or whether it is going to be worse, or whether it is a transient and temporary phenomenon.If you are shrewd enough to speculate that it is a short-run phenomenon, you can invest and when the market bounces back in the immediate future, you gain and you realize that it was at amazing prices that you could buy the property. Another important factor to be considered when you want to buy real estate property in India at amazing prices is the location and scope for developmental activities.For instance,in a semi-urban center with considerable developmental scope, you should apply your prudence and commonsense to see the various developmental needs of the center.Then you should foresee the possible locations where these projects may come up.Speculating on these you can invest in areas which are underdeveloped but affords immense scope for development.If your analysis and assessment are wise enough and you invest accordingly, it will turn out to be profitable and you will realize that you could buy the property at amazing prices.Hence,it is evident that if you want to buy property in India at amazing prices,you need to analyze facts and apply thoughts in all possible perspectives and arrive at the best of decisions.

1. Migration from other cities to DFW metroplex which will increase demand for the real estate.
2. One of the major metros in the country.
3. Local transportation by Dallas Area Rapid Transit (DART) and The Fort Worth Transportation Authority (The “T”).
4. DFW International Airport, the 3rd busiest airport in the country, which offers world class transportation with 2300 flights to over 200 destinations worldwide.
5. Homes and buildings which are modern in construction.
6. Square footage in the DFW real estate area for Dallas homes for sale and Fort Worth home for sale is above the average than many real estate markets.
7. Highways, such as I-635 and I-820, which are designed for effective mobility in the inner-cities of the metroplex.
8. Land values have increased over time.
9. Major corporations, such as American Airlines and Radio Shack headquartered in the metroplex.
10. Restaurants and shopping centers.
11. Schools known for their excellence.
12. Infrastructure that is internationally renowned.
13. Home of Dallas Cowboys, a football team that is NFL standard.
14. Not to worry much about parallel parking.
15. Climate that offers clean air, clear skies and sunshine.
16. Farmers Markets that offers fresh fruit and vegetables at affordable prices, such as Dallas Farmers Market.
17. Organic and Connoisseur products from around the world available in stores, such as Central Market and Whole Foods.
18. Discount stores, such as Walmart and Target within driving distances in most areas of the metroplex.
19. Fast food restaurants which are open till late, such as Wendy’s and Taco Cabana.
20. Fort Worth Stockyards Historic District, one of Texas’s most popular tourist destinations, which attracts visitors from near and far.

The above are some reasons that you would want to buy your dream home in the Dallas – Fort Worth Homes for Sale Real Estate area.

Why is the Noida real estate suddenly a hot spot of home buyers?

The Noida real estate has suddenly topped the priory list of all home buyers. The reason is the low cost, the sprawling greeneries and the high standard of living. Noida is flooded with malls, world class schools, hospitals, and is connected with Delhi and rest of the NCRs with good flow of transportation. With Metro launch more floods of people is expected to arrive here for work in future times. Talking about the real estate- you can get all kinds of plots, commercial lands, apartments, LIGs, MIGs, HIGs and villas, etc. there is something in store of everybody. And the best part is the still low price tags. The city has everything to give with low burden in pocket, at environment friendly scenario. So, even those having a property or two in Delhi prefer to have one here too.

The prices of the real estates of Noida are still in control due to the Noida authority’s main say. Yet, with time the price brackets are expected to go sky high. So, why not buy in what you want- before the price jump. With the overall market price low, due to recession going on, you can afford what you could have never thought of in the past or may be can’t think of in near future. Buy a Noida real estate within shortest time period possible through online agents, so that you can get a piece of the pie. Buying now will attract major discounts as well. You can search the net for agents who work as real estate agents and can help you get what you want at your budget.

Try to eliminate any negative thoughts about yourself and your work. Do your best, but don’t expect perfection. Expect your best efforts from yourself, but don’t beat yourself up over honest mistakes. Keep reaching for self improvement, but don’t hamper yourself with thoughts of “I’m so crappy at my job!” If you really think you’re crappy at your job, you have two choices – improve or leave. If you’re actively trying to improve, you’re doing a better job than a lot of people.

Remember that you needn’t believe what you hear. For instance, you might be “difficult to work with” for this particular set of clients, but that doesn’t mean that you are, in general, difficult for your clients to deal with. The person flinging this label at you probably finds a great many people “difficult to work with” simply because their personality doesn’t allow for dealing with many personalities – or perhaps anyone at all. If you feel that you are doing your best for these clients, you probably are.

Don’t feel that you need your clients’ approval in order to be doing a good job. If you are doing your utmost to bring their real estate transaction to a satisfactory conclusion, you are doing a good job. Your clients don’t know everything there is to know about real estate, which is why they engaged you. Accusations or inferences that you are “lazy” or not doing enough to see that their needs are met do not mean that this is the case.

Keep positive. Approach your client every time – on the phone, in email and in person – as if they are a good thing in your life and you can expect good things from them. Sometimes acting as if someone is a certain way can encourage them to be a certain way. It is often hard to be negative around someone who sees one’s negativity and chooses to respond positively.

Have expectations for your clients and communicate them clearly – for both your sakes. The process of real estate transactions is such that it requires work from both parties. Keep your communication lines open. Keep actively trying to find out how the client feels about how the process is going. It might feel stale and unprofitable if they are looking at things in the worst way possible, but you will have the satisfaction of knowing that you are doing your best for them.

When all else fails, it can be a good business decision to “fire” clients. It’s a step that should be taken with a lot of thought, but if they are destroying your enjoyment of your job, it might be the best. You don’t have to just drop these people; you might even be able to get a referral fee out of the hapless individual who takes them on. (Do warn your colleague; it’s not nice to throw them to the wolves without a heads-up!) Or, you might feel that in the interests of getting rid of your negative clients, you are prepared to waive the fee. Whatever you choose, be polite and professional. Do not take the opportunity to tell the clients what you really think of them as that kind of behavior often comes around to haunt one.

Negative clients can make a great job a living hell. You can deal with them by reminding yourself that you are a competent, decent person who has your clients’ best interests at heart. Don’t take what a client says or infers to heart; if you’re doing your best, then it is their own negative outlook on life that is poisoning the relationship between you. Try to approach these people positively; you may even help change their outlook to something more positive in the long run.

Here is one scenario. Let’s say Bob want to sell his house. He owes more than it is worth and he has lost his job and cannot afford to make the payments any longer. His realtor advises him he has 3 options. He can let the property go into foreclosure but this will stay on his credit record for a long time which is not a desired result. He can give his lender a deed in lieu of foreclosure but this too could negatively impact him. Finally he can try and sell his property “short”. In a short sale the Borrower/Seller receives no money.

Why would a lender sell short? Because it is costly to foreclose. In some cases it could be several thousands of dollars with attorney fees, court costs etc. Also the property still has to be sold. A short sale can be a win/win for everyone. The lender recoups more money than they would in foreclosure. The seller/borrower/owner can escape without a record of foreclosure on their credit report. The Buyer can acquire a property at a rock bottom price.

Here is a problem with short sales. They take time. If the Buyer is in a hurry & needs a property now, most likely a short sale will not meet their needs. As they say time takes time and in the case of short sales this is very true. I have a short sale transaction still trying to close after 10 months which is the extreme.

They take a long time because of the current economic climate. The lenders are swamped. What used to be done in 45 days can now take several months depending on the lender. Bank of America is the slowest. Most sales require 1 or 2 BPO’s (a Broker’s Price Opinion) and maybe an appraisal to confirm the current value of the property in today’s market. Then the investor…the institution who loaned the money in the first place needs to approve the sale as well. The investor can be a bank or a loan servicing company or any number of entities.

Patience as I stated will go a long way to keeping one’s sanity during a short sale.

Always consult an attorney with all legal concerns with this process.

Everyday, smart businesspeople are doing innovative things on the Internet. They are using the Internet’s efficient online tools to brand their business, gather leads and create a long term client base. Podcasts are one of these new tools. A podcast is basically a short, online radio show that you produce yourself that listeners can download to their computer or MP3 player. Thousands of businesses now use podcasts to build their credibility and client base. Here are just some of the ways podcasts can help your real estate business:

1. Introduce yourself to new potential clients. Podcasts open an entirely new marketing channel for you – a direct channel straight to your target audience.

2. Build a regular audience and a sustained client base. Keep yourself top-of-mind with consistent communication with your listeners, and the next time they are thinking of buying a new home, insuring a new home, investing their savings, who will come to mind first?

3. Become a trusted expert resource. By giving them valuable information every week/month, you build trust with them. You behave like an expert, and people prefer to do business with experts.

4. Get to know your potential clients personally through discussion. By posting your podcast with a simple blog, your listeners can discuss real estate topics with you. These discussions lead to trust.

5. Show your services through descriptions and/or video podcast. It’s like giving a virtual home tour with your personal commentary. Essentially, you would be displaying your services to hundreds – or thousands – of prospects 24/7, when it is convenient and comfortable for them.

6. Reinforce your brand and build long-term business. Your brand is your relationship with clients. Reinforce a positive relationship by offering free advice and discussion and you will always have people seeking your services.

7. Build traffic to your website. Posting and promoting a podcast is just one more way to get visitors to your site, surfing your listings.

8. Make more contacts. Not all of your listeners will be homebuyers, sellers, or have money to invest. You can gain powerful industry authority by being a vocal expert with your podcast. Regardless on the industry you’re in.

9. Think about it! Stand out. How many other realtors, insurance professionals, financial planners, minister, politicians, are using podcasts? Be an early adopter and you will stand head-and-shoulders above the rest. This is especially important when the market is in a downward trend.

Podcasts are new technology, but don’t be intimidated. If you have ever used a tape recorder, you can easily learn how to produce a podcast. You have a lot of knowledge and expertise that your clients can benefit from. They want to hear you – so start podcasting!

Stay tuned, we are ready to enter the world of VIDEO. I will be touching on that next.