Best Locations In Bangalore To Buy Residential Property

When you think of buying a residential property in Bangalore, the choices are many, ranging from simple one room house to independent villas. But, choosing a location can be quite a cumbersome task, as you have to choose a property that suits your needs and your pocket too. The price of a property depends on the type of the property and the location. You will need a bigger pocket if you are eyeing the central areas that are well connected and located in the heart of the city. Or, if you are satisfied staying in some interior part of the city, you don’t need to worry much about the expenses.

The most popular areas like Brigade Road, M.G. Road, and Cunningham Street etc. are mostly known for their commercial importance and it’s a mammoth task finding a house in these areas. Apart from that, there are some residential areas as well, that may not be as pocket-friendly as you want your desired locality to be. For example, Sadashiv Nagar, Whitefield(Villas), Off Cunningham Road, Off Palace Road etc that are known to be the abode of the affluent.

Following is a list of stylish, well-planned residential areas in Bangalore that are well connected and yet, are average budget localities:

Indira Nagar-Located within a diameter of few kilometers from Domlur airport, the area is well connected to rest of the city. It can boast of several renowned hospitals and educational institutions as well. There are a number of shopping options in addition to nearby pubs, bars, restaurants, gyms etc. The area can be classified as an average budget area.The average price and rent for apartments in this area is Rs.4736/sqft and Rs. 16/sqft respectively. The price for residential plots, on an average is Rs. 8935/sqft.

Koramangala-Reputed firms and business houses, renowned educational institutions, St. John’s Hospital and a number of shopping centers and malls, this area is surely a very good option to settle down. Criss-crossed by many roads and near to Indira nagar, the area doesn’t seem to be facing any sort of connectivity issue.The average price and rent for apartments in this area is Rs.4614/sqft and Rs. 18/sqft respectively. The price for residential plots, on an average is Rs. 6570/sqft.

Banshankari- A medium budget locality at about 15 Km from railway station and 25 Km from the airport, the major connecting road is the 100 feet ring road. There are a number of new projects developed recently or under development in the area.The average price and rent for apartments in this area is Rs.4232/sqft and Rs. 9/sqft respectively. The price for residential plots, on an average is Rs. 3693/sqft.

Jayanagar- Lying close to Banshankari, Jayanagar is a well developed residential area with a cosmopolitan setup. There are a number of shopping complexes, educational institutions and some of the most famous food joints, e.g. Mughal Darbar, Taj Darbar, Blue lagoon etc., in the area.The average price and rent for apartments in this area is Rs.4974/sqft and Rs. 15/sqft respectively. The price for residential plots, on an average is Rs. 10167/sqft.

Malleshwaram-It is one of the greenest localities of the Garden City. The place is naturally beautiful with the lush greenery all around.The average price and rent for apartments in this area is Rs.5223/sqft and Rs. 16/sqft respectively. The price for residential plots, on an average is Rs. 8312/sqft.

Marthahalli- Close to Whitefield and Sarjapur, the area is well connected and offers lots of new projects as well, to choose from. It is again a medium budget locality.The average price and rent for apartments in this area is Rs.2617/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 2863/sqft.

BTM Layout-Located in the southern Bangalore, the area houses the IIM. It is a well planned residential colony with developed road system and separate market place.The average price and rent for apartments in this area is Rs.3174/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 5110/sqft.

Madiwala- An area for small budget home seekers, Madivala is one of the most crowded areas of Bangalore. Though the interiors of the locality are not comparable to those lying in the vicinity, it is nearby to BTM, Koramangla, and HSR Layout areas.The average price and rent for apartments in this area is Rs.2785/sqft and Rs. 12/sqft respectively.

HSR Layout- The area is well connected to Whitefield, Marthahalli, and Electronic City, where most the offices are located. Well connected to the city and better infrastructure makes it dearer. You can find any number of medium budget houses in this locality.The average price and rent for apartments in this area is Rs.3351/sqft and Rs. 12/sqft respectively. The price for residential plots, on an average is Rs. 4402/sqft.

K R Puram- Krishna raja Puram or K.R Puram is well connected to the city. You can find hundreds of flats in this area, depending on your needs and budget.The average price and rent for apartments in this area is Rs.1796/sqft and Rs. 10/sqft respectively. The price for residential plots, on an average is Rs. 1151/sqft.

Be Cautious Before Paying Shop Rent!

Even a shop owner has to pay rent for setting their shop in a mall or a shopping centre. It is the better option than settling the shop at your house which is not a secure market place. Paying rent for shop is the better option as it not only provides you with the security but also provide you a market to expand your business. Before paying rent for the shop, it is very important to consider the following things:

Before giving rent for the shop, it is better to check the space that you are taking for the shop. It is very important to consider that the space you are considering for your shop should be enough according to your requirements. It should not be too small that the clients feel discomfort and at the same time it should not be big enough that it just simply goes waste. Consider the shop for rent, according to the product that you will sell, number of employees require in the shop and other pre requirement of the place.

It is very important to do research and compare the various shop rent rates from various shop owners and then go for the final deal. The shop rent rates are fixing based on the location of the mall, its popularity and many other factors. Thus, it has different charges by different shop owners, it is better to contact an agent and ask them for fixing the rates, so that you can get the best shop rent rates.

Another thing to consider before going for rent shop is the condition of the property. It should not be in a poor condition; otherwise, you have to invest more money on its repair. Although in this condition, you can also ask the shop owner to reduce the rent rate of the shop or can search for another deal but everything should be clear beforehand.

Take the time to research the location and shop rent rates very carefully to be sure, that it is a solid business investment and will not eat into your capital and leave you with some profit at the end of each month.
Apart from consider all these things before paying rent for shop, it is also important to consider online agents that guide you and make your work easier. They will be able to negotiate good rates for you and make sure that the contract both parties sign is legitimate and water tight.

The Upcoming Property Market Of Ranchi

Ranchi is the capital of a decade old state, Jharkhand. Jharkhand is known worldwide for housing first private Iron and Steel Company of India, Tata Steel. The most industrialized cities of the state include Jamshedpur, Bokaro and Ranchi and so, they attract a lot of migrant population from various regions. This migration has cultivated growth of real estate in Jharkhand.

Ranchi, being the capital city, is witnessing huge growth in its real estate sector with high investments pumping in. Real estate in Ranchi is soaring high with property prices growing almost five times in last five years. The investments by real estate developers and land owners are already bearing fruits with reaping of such great returns. Depending on locality, the rates of property, today, varies from Rs. 1,200- 1,700 per square foot in comparison to Rs. 400-500 per square foot five years ago. The hike in prices is proving expensive for locals but government is taking steps to ensure that they do not face the brunt of these developments.

Jharkhand State Housing Board is planning to develop various residential and commercial space establishments jointly with private builders of the area. The construction of various multi-storied apartments and commercial complexes is in pipeline across the state with Ranchi alone in possession of 19 plots. Since, government plans to develop Ranchi real estate in collaboration with private players like Parsvnath Builders, huge investments in this sector can be foreseen. The most interesting feature of the city is its natural beauty full of surging hills, little streams, calm lakes and brooks that together form a picturesque sight. It has retained its traditional touch in spite of moving towards modernity swiftly with large number of developments taking place. Beautiful waterfalls and rich tribal culture are among its other major attractions.

The tremendous growth in Ranchi has led to a boom in retail sector as well with leading retailers such as Reliance Fresh, Big Bazaar, Spencer, etc. opening up their outlets. Malls, five-star hotels and multiplexes are also under construction indicating the growth rate of hospitality sector. There is also a proposal for industrial expansion on 350 acres of land along with setting up of SEZs, educational institutions and healthcare facilities. The growth in IT industry and tourism activities has high potential for bringing in the economic boost in the city.

The vision set for Ranchi is to make it a model capital city and 6Rs (of Redevelopment, Rejuvenation, Rehabilitation, Restoration and Preservation, Restructuring and Reforms) have been set in this line. The population of the city is expected to reach 15 lakhs by next year and the government seems to be all geared up to word towards making Ranchi a symbol of progressive Jharkhand. It has come up with a City Development Plan (CDP) that identifies land for new sub cities which would require 6400 hectares of land in order to accommodate growth till 2021. In addition to this, strengthening of management systems for urban planning, disaster mitigation, environmental management and management area also needs attention according to CDP. The government is also focusing on improving other amenities related to water supply, sewerage and sanitation, solid waste management, storm water drainage and urban transport. It is also chalking out plans for heritage conservation and tourism development, disaster management, effective urban governance, basic services to the urban poor, sustainability of investments and various other important issues.

With such commercialization of the city and improving living standards, Ranchi is gaining its position as a lucrative investment option. The positive push to both residential and commercial sectors has largely benefited the real estate of Ranchi.

Steps To Size, Design & Install Glass Block Showers

Understanding how to develop the right size shower base and shower walls with glass blocks does not need to be some mysterious process. If youll follow the steps in this article youll have an easy to clean, structurally sound, and unique shower you can enjoy in your home or commercial property for years to come.

Step 1) What type of glass block shower do you want?

There are basically two types of showers you can use – a shower without a door, and a shower with a door. Heres an overview of where to use both:

A)Showers without a door (walk in and roll in showers) Door-less showers have become hot in bathroom design over the last 5 years. The two most popular types of these showers are walk in and roll in showers. The biggest advantage of walk in showers is you can eliminate the cost of the shower door and having to bend over to clean around the doors framing system. The roll in shower also does not have a door, but also eliminates the curb around the base that someone has to step over to get into the shower. This makes the shower much more accessible to those with special needs. The roll in shower base is gradually sloped in towards the drain. The biggest disadvantages of the doorless showers is their bases (or platforms) need to be sized larger.

B)Showers with a door (neo angle or corner showers) Most showers have doors to prevent water from splashing out. A popular type of shower enclosure is a neo angle variety that is placed in the corner of a bathroom to conserve space. The advantage of a shower enclosure system with a door is that it can fit into tighter spaces (these showers can be as small as 32 or 36).

Step 2) What type of glass block shower base do you want? How do you size this base and design it out at your project site?

There are two generic types of shower bases available for block (1) the preformed base and (2) the custom concrete base.

The preformed base is created and sized before it is brought to the job site and can be made out of acrylic, cultured marble, or other solid surface materials. It is generally thought to cost less than a custom base, which is often true, but not always. The biggest advantage of these types of systems is they are built as one solid unit to minimize the concern about water leakage through the base. The biggest disadvantage is their size cannot be adjusted at the job site. Pittsburgh Corning makes an acrylic right or left hand entry walk in glass block shower base measuring 72 x 51, a Neo Angle shower measuring 51 x 51, a Square corner shower measuring 48 x 48 and even an acrylic shower base 60 x 32 that can be used to convert a small existing tub space into a new contemporary shower!

The custom concrete or mud set pan base is sized at the new home, remodeling, or commercial building site. Since glass block cannot be cut like tile, youll need to use layout cards that correspond to the size of the block units to make sure the custom base youll make will match up with the specific block sizes for your design. Most of the layout cards are approximately 4 wide (3 7/8 is the exact size) to accommodate for the most common thickness of block used for showers. The other base thickness is 3 1/8 wide, although design options with this thickness series are more limited.

Step 3) Choosing the right sizes, shapes, and colors to make your glass block shower cool and unique.

There are a wide selection of block sizes, patterns, shapes, colors and even artistically designed murals available for your shower. Heres a brief overview of your options:

oSizes and thicknesses of glass blocks for showers Glass masonry units are made is both metric and American sizes. Most of the blocks available in the United States are American sized. The American sized blocks are available in 4 x 8, 6 x 6, 6 x 8, 8 x 8, and 12 x 12. Specialty shapes can help you turn corners, make 45 degree neo angle showers, create rounded or radius walls if youre looking to make a walk in or roll in shower, or finish off the end of the shower wall with a smooth bullnose look. The blocks have nominal sizes meaning the actual size of the block units is smaller allowing for a mortar joint to adhere the block to one another (an 8 x 8 block actually measures 7 x 7 ). The blocks for showers are 3 and 4 thick. Thinner block (3 1/8) are more cost effective, but shower design options are much more limited in this thickness of block.

oPatterns, designs and colored glass blocks Blocks come in a multitude of patterns providing different levels of privacy, style, and design options. The block are now available in standard and custom colors, tints, and artistically decorated murals to match any interior design style. Check out a comprehensive block web site to see the possibilities.

Step 4) How tall should you make your glass block shower? What do you need to do to make it structurally sound? Most block showers are built on a curb (with the exception of the roll in shower) which is 4 to 5 in height. Since many shower heads are placed 84 above the finished floor consider building your glass block wall 80 tall (this will make the size of your glass block wall + the size of your base equal to the height of your shower head). To make the glass shower walls structurally sound they should be tied into side walls with anchors every third coursing of block (usually this is every 24).

Step 5) Dont worry about any of the first 4 steps and call a glass block shower supplier and installation professional If you really dont want to figure out what size, shape, and shower base is best call a block specialty company who offers design, supply and installation services. This type of company will usually come to your home or business (without a charge), measure your shower space, figure out the possible types of bases and showers for you, and install it with a guarantee.

Chartered Surveyors In The Algarve Portugal

Buying a property in Portugal can be quite a daunting process, especially if the buyer does not speak Portuguese or has no knowledge of local business practices or market conditions. For most of us, buying a property abroad will represent one of the largest investments of our lives and, as such, we will want to be certain that this investment is well founded. The sensible approach for any would be buyer is to employ the services of an accredited local Chartered Surveyor who would be able to conduct a Pre-purchase Building Survey.

This type of survey is an inspection of all accessible areas of the property. It also covers the legal description of the property, so that the buyer’s lawyer may be sure that the property description given by the seller or their agent is, in fact, correct.

More importantly a Pre-purchase Building Survey covers the construction processes and materials used to build the property, as well as the quality of these building materials. Also identified is the property’s actual condition, including items away from the main build area such as out buildings, boundary walls or swimming pools. Structural defects are duly noted, as are defects in the general condition of the property and its various elements; these may include dilapidation or water ingress. The Chartered Surveyor is also able to provide an estimate as to the approximate cost of repair.

If the property is considered to be in a poor condition, an Insurance Reinstatement evaluation can be requested to provide an assessment of the complete rebuilding cost, including demolition and professional fees.

A Pre-purchase Building Survey includes the testing and evaluation of common services such as electricity, plumbing, drainage, irrigation and heating. Additionally, a local Chartered Surveyor will be able to provide the buyer with a useful insight into planning and development matters, including boundary issues or the identification of any illegal additions to the property.

As well as the Pre-purchase Building Survey, a Chartered Surveyor will be able to provide a prospective buyer with other types of valuation report. Such reports should be made in accordance with the requirements of the Royal Institute of Chartered Surveyors and may be used for a number of reasons. For example, reports can be prepared for finance purposes such as to support a mortgage or loan application. Where institutions require a substantial professional indemnity insurance cover for the purchase of commercial property or development sites, a report from a licensed Chartered Surveyor will usually be required prior to application.

A Chartered Surveyor is able to provide professional assurance to the buyer in Portugal, enabling them to complete their property purchase with confidence. So, if you are considering investing in the Portuguese property market, make sure to employ the services of a registered Chartered Surveyor before you buy.

Concrete Injection Services

Leaking cracks in a slab or concrete driveway? Thanks to concrete crack injection services and commercial waterproofing services in Australia who offer exciting, high tech, niche repair systems. These contractors are specialist in hydrophilic urethane concrete crack injection system designed to repair, protect, seal and structurally strengthen man made architectural and natural structures.

Concrete crack injection system is usually applied from the inside, which avoids digging on the outside of the walls. It is also suitable for hairline cracks as well as wide cracks. Concrete crack injection works by filling the entire length and depth of the crack. It helps in permanently stopping water leaks and also prevents water from getting into the concrete and deteriorating it further. No drilling is needed.

The standard injection kit of concrete injection services provider comprises polyurethane, which forcefully expands to fill the entire crack and even a void on the outside. You can also use epoxy crack injection kits, if structural strength is required?

With concrete crack injection, you can stop and prevent water seepage by permanently filling the full length and depth of the crack. So that water could not get inside the crack and deteriorate the concrete, widening the crack further.

Commercial waterproofing services provide cost effective and innovative waterproofing solutions for the commercial construction industry. They offer a wide range of premium quality waterproofing products, engineered with durability and reliability. These waterproofing products contain Bentonite, a natural sealing agent which makes the products environment friendly.

Superior waterproofing protection and easy installation of waterproofing products are also offered by commercial Waterproofing Services. Their trained technicians vast experience in leak sealing techniques and waterproofing installations has positioned commercial waterproofing services to provide successful service to engineers, consultants, property managers and owners.

The contractors of commercial waterproofing systems Australia create tough, seamless membranes that repel moisture, resist chemical and environmental challenges and deliver dependable service on virtually any building surface. When properly maintained, waterproofing systems will last indefinitely.

The waterproofing products are formulated for roofs and green-roof systems, walls, decks, below-grade surfaces and a wide range of speciality applications. Safe and easy to apply, these waterproofing systems have been setting industry waterproofing standards for over many years. When you hire these waterproofing systems in Australia for your residential and commercial property, you end up getting the most precautionary service to avoid all sorts of serious damages to your property.

So, if you wish to know more about concrete injection services in Australia, please visit ciw.net.au/

Residential and Commercial Property Tax Loan

There are more than 3,900 local government entities in Texas that collect and spend residential and commercial property taxes. They include cities, counties, school districts and other special districts that local voters have authorized to collect and spend a specific tax amount for their operations.

All property taxes, regardless of who is collecting it and for what, are local. The state and federal governments do not get involved. In fact, Texas has no state property tax. Whatever taxes have been imposed will be collected by the local tax collector and distributed to the various local taxing entities.

Before looking at how to get some property tax relief Texas , you should know that this is how the local government provides services – keeps the schools, hospitals and roads open, and pays for essential services and public facilities such as fire departments, parks, etc.

Before signing on the dotted line for one of the residential property loans Texas lenders offer, it would be advisable to figure out exactly how much property tax you will be liable for as the home owner. Visit the county property appraiser’s office and ask for the tax history of the property. Some counties allow people to see the records online too.

If you are buying the property as your primary residence, you may be eligible for a homestead exemption. Residential properties purchased as vacation homes or real estate investments do not get this exemption. However, there may be other exemptions available in special cases. Talk to a local real estate agent or broker and find out if there are any such exemptions available in the county regulations or municipal code.

Commercial properties won’t be getting any exemptions. In fact, as the property values climb, so will their taxes. Since the value of property in a commercial zone is more often than not likely to keep getting higher, the tax burden will also grow steadily. On a related note, rezoning can often cause a huge change in property tax levels. For instance, if a purely residential zone is rezoned to allow mixed-use developments, the values of all residential properties in and near the zone will shoot up high.

If you are unable to pay the tax at the moment, do not let it go unpaid. The penalties are inexplicably high, and may be as much as 47 percent in the first year alone. Letting it pile up like this can lead to seizure of the property or the taxing authority may get a tax lien that makes it impossible to sell or otherwise use the property to raise equity. Instead of getting bogged down in this mess, get a real estate tax loan and clear off the property tax dues.

The property tax loans Texas lenders offer differ for residential and commercial properties. Find Texas tax loan solutions that match your property and pay off the tax. You can pay it back it in installments along with your basic mortgage payments. The interest you pay is far less than the penalties and interest you pay the taxing authority, and you can live without fear of losing your property.

Author Bio:

Property Tax Solutions provides a convenient option of paying your Commercial & Residential Property Taxes in flexible mode of loan in 10 years term. Replace the burden of paying your Property Taxes In Texas in easy monthly payments.

Commercial Banking In India.

Prime Services offered by a commercial bank include processing of payments by way of telegraphic transfer, issuing bank drafts and bank cheques, accepting money on term deposits, lending money through overdraft or through installment, providing letter of credit, safe keeping of documents, currency exchanges thereby enacting the role of a financial supermarket. The Commercial Bank lays more importance on loans that it provides to its customers. These loans are Secured Loans, Mortgage Loans & Unsecured Loans. A secured loan is one in which a borrower pledges some asset as collateral against the loan. A mortgage loan is granted to purchase property against security provided to the bank until the mortgage is paid of in full. The mortgage or loan can be repaid in easy installments. Unsecured loans are granted without any specific securities, under marketing packages like credit cards, debit cards, corporate bonds, etc. All in all a commercial bank raises funds by collecting deposits from businesses and consumers via checkable deposits, savings deposits, and time (or term) deposits & loans it to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits and primary assets are loans and bonds.

Commercial Banking in India categorizes itself into project finance & working capital. In the case of Project Finance banks in India offers long & short term loans to business houses to set up their projects. These kinds of loans are issued after approval from banks core credit validating committee. The Project Finance segment in the commercial department is highly competitive with different players in the department trying to get the best deals done by enticing different corporate houses and business organizations to opt for the loan by providing lucrative offers. Working Capital or Capital Funds are issued by banks to corporate or business houses to meet diverse needs and requirements of the business community. Working capital finance is specialized line of business and is largely dominated by the commercial banks.

Commercial Banking in India saw dramatic changes in the last decade after Indias integration with world economy. These economic reforms and the entry of private players saw nationalized banks revamp their service and product portfolio to incorporate new, innovative customer-centric schemes. Marketing and brand building programs were also given a new thrust in the new liberalized banking scenario. Promotional budgets were hiked to cater to the new and large discerning target audience. To meet the personalized needs of the customer and in order to differentiate its services, banks repositioned themselves in specialized fields, like housing loans, car finance, educational loans etc. to optimally service the customer. As of today Commercial Banking in India dominates other areas of banking such as retail banking and investing banking, solely due to influx and the term called installments that lures the customers to opt for loans to satisfy their business needs whether it is corporate or personal needs in terms of a mortgage loan. Commercial banking in India has definitely brought in a new dimension to regulation of finances in the Indian market.

Current Property Rates In Delhi

Delhi has always been the most sought after real estate destinations of India. In recent years, Delhi property market has witnessed an exponential growth rate due to immense improvement in the transport system, expansion of Delhi Metro Rail and the commencement of 2010 Commonwealth Games in the capital. A real estate consultancy had recently rated New Delhi as the 16th most expensive real estate market of the world and one of the costliest retail destinations in India. The demand for real estate development is expected to remain robust across Delhi real estate market due to a huge demand from IT/ITES and other various sectors.

Delhi residential property market has witnessed immense growth because of huge demand for housing from various sectors. South Delhi is one of the most happening housing places in Delhi real estate market and the rental values of residential properties like the flats, villas and duplex houses are extremely at higher end.

Delhi, the national capital of India is one of the hottest destinations for investors. One of the main reasons why Delhi is an investors priority is due to its good connectivity with most of the cities in India other than the best connecting city to all international airports. The property prices in Delhi in the recent times have been quite exorbitant.

Due to all these reasons, the prices of property in Delhi increased exponentially. But with the slowdown, one can see the rates for both the commercial and residential properties coming down.

Delhis Khan Market has also been in the news recently for being one of the costliest retail locales in the world.

Till some time back, in the residential market segment, Delhi has been known to have made the most exorbitant transactions as properties have been sold for millions. This trend which was earlier common in the posh localities of South Delhi is now moving towards earlier less significant places like Dwarka. These days, the rental values of residential properties like the apartments and independent houses are quite high.

Property rates in Delhi:

Apartment rates in Delhi:-
Central Delhi Rs 7, 500 to Rs 28, 000 per sq ft
East Delhi Rs 3, 000 to Rs 6, 000 per sq ft
West Delhi Rs 4, 000 to Rs 10, 000 per sq ft
North Delhi Rs 5, 000 to Rs 8, 000 per sq ft
South Delhi Rs 3, 500 to Rs 12, 500 per sq ft

Builder flats rate in Delhi:
Central Delhi Rs 2, 700 to 18, 000 per sq ft
East Delhi Rs 4, 000 to Rs 10, 000 per sq ft
West Delhi Rs 5, 800 to Rs 13, 000 per sq ft
North Delhi Rs 5, 000 to Rs 14, 000 per sq ft
South Delhi Rs 4, 000 to Rs 28, 000 per sq ft

Plot rates in Delhi:

Central Delhi Rs 80, 000 to Rs 5, 00, 000 per sq ft
East Delhi Rs 25, 000 to Rs 1, 00, 000 per sq ft
West Delhi Rs 1, 00, 000 to Rs 2, 00, 000 per sq ft
North Delhi Rs 70, 000 to Rs 2, 50, 000 per sq ft
South Delhi Rs 75, 000 to Rs 4, 00, 000 per sq ft

Rental Values in Delhi:

Apartment rental values (2 Bedroom Hall Kitchen) of Delhi:-
Central Delhi Rs 8, 000 to Rs 50, 000 per month
East Delhi Rs 5, 500 to Rs 13, 000 per month
West Delhi Rs 3, 000 to Rs 10, 000 per month
North Delhi Rs 5, 000 to Rs 15, 000 per month
South Delhi Rs 15, 000 to Rs 35, 000 per month

Builder flat rental values in Delhi:-
Central Delhi Rs 10, 000 to Rs 60, 000 per month
East Delhi Rs 4, 000 to Rs 40, 000 per month
West Delhi Rs 10, 000 to Rs 20, 000 per month
North Delhi Rs 6, 000 to Rs 30, 000 per month
South Delhi Rs 8, 000 to Rs 1, 50, 000 per month

These are the latest rates and rental values of highly potential realty market of Delhi. Being the national capital, the city boasts of a lucrative real estate market. The city has a lot to offer both to sellers and buyers.

Commercial Property – How The Market Value Is Determined

Commercial property investment needs a negotiation for a great price. You need to understand the way these properties are appraised, to know what to expect.

Investing in commercial property can be a very self-sustaining and lucrative venture. Just like with residential real estate, you can have your tenants pay your mortgage bills for you. If you buy a larger building, often you can have several renters and your investment profits will be even greater. As you look into buying some commercial property, it will be important to get an appraisal of the fair market value of the purchase. This can be provided to you by a licensed appraiser, but it may also be helpful for you to know, how that commercial property market value is determined.

Calculating the value of a commercial property is not as simple as appraising the value of a residential home or apartment building. With residential properties, the value is determined by the condition of the home itself, compared with other homes with similar square footage and lot space in the same area. With a commercial property, the size and the condition of the actual building are still taken into account, including the state of things like the plumbing and heating and roof. But appraisers have to use other indicators to establish the value, because there are not usually many properties of exactly comparable size and location. Comparisons are still used in a general sense by investigating the costs of similar nearby buildings, but there are several other factors that are even more important in determining the market value.

One of the factors that most determine the worth is the market area of the property. Properties that are centrally located within the city limits with good transportation access will obviously be worth more than those that are located farther away from town and are harder to get to. This is because it is worth more to tenants to have their employees and suppliers nearby. A prime location is also valued higher because potential customers will pass the building regularly and have a greater chance of becoming real customers if it is in their normal path of travel.

Another very important aspect that determines the commercial property market value is the potential for rental income. If the building is well located, it will attract more tenants, making the property more valuable. If the building has several spaces for renters, it will be valued higher, because there will be several tenants to generate owner income. The ability to make more money from the property translates into a higher value (and price.)

Finally, commercial property market values are established by considering how many other properties of similar size, state, and income potential are available in the area. If there are plenty of comparable properties in the market, the value will be lower, but generally if a property offers more space or better location than most of the nearby buildings, it will be worth much more. This is because it will typically be able to attract tenants very easily. While commercial property values are determined differently than residential properties, the contributing factors are easy to understand and look for. Knowing the way commercial properties are valued can help you in picking the best spot for your investment!

Commercial property investment is a vital task and is very lucrative venture. It is advisable to understand how its value is calculated and which factors affect it. To learn more on commercial property analysis, visit KISCL online at http://www.kiscl.com.