Posts Tagged ‘Market’

Mumbai – The New Business

Wednesday, June 10th, 2009

Lately Mumbai has been a lot in the news, be it fluctuating stock market, clash between business tycoons, terrorist attacks on the most prestigious property, change of government and last but not the least the most talked about slum area, which has gained lot of attention after the popularity of  “Slumdog Millionaire” movie.
Slumdog Millionaire needs no introduction, as the movie and its cast have gained international fame, by winning the most prestigious award The Oscars. While the stars of the movie are enjoying their visit to other countries, here back in India a lot of interest is growing amongst the national and international traveler to visit the slum areas of Mumbai.

Mumbai tour though has always been on the top priority of inbound tourists, but now there is a new addition in the itinerary and it is the slum tour. The movie has raised many question, as is this what the real India is? Is slum the only interesting part left in India? The answer may be no but on second thought, Mumbai tour gives boast to the city which does not really look after the slum area. Now the revenue generated from the slum tour can be invested in the upliftment of the people living there. These tour would also help in people to understand the lives of the poor. How they manage their big families in small income. It is very interesting to see how they accommodate themselves in such small houses.  Moreover it would break the barrier between the rich and the poor.

The impact of the movie is such that it has apparently given a lot of business to the tour operator as well as to the hotels in Mumbai. There is also a rise in the online queries regarding the Mumbai slum tour. Dharavi- the biggest slum of Asia, needs no introduction too, as Slumdog Millionaire is based out of this area only. Dharavi has a long list of esteemed visitors, two of which are -  Prince Charles and Bill Clinton. Those living near the slum area agree to the fact that now there is a new way to look at the slum. Though there are lot of problems but at the same there comes a lot of help from these areas, as one easily get daily workers, maids to look after the house as well as children. With the rising working population, there has been a rise in the demand for the household maids, and these slums are indeed to look forward to that. At the same time, for the people living in these slums, nearby middle class population is the source of income. Women especially get jobs easily in the nearby residential areas. Dharavi is also the center of the small scale industries, with people starting their own business from home. Every member of the family, joins in to promote the home business and therefore it boast a lot of self employment.

Before the movie, Mumbai hotels located near the slum area might have faced location problem. But now guess they are the most happy ones, benefiting from the tourists interest to live near these areas. Mumbai tourism itself want people to visit the slum areas, to generate revenue for the people of slum and also to bring two different class and society to come together, to increase the understanding and to look forward to personal aid from them. Earlier visiting India and not visiting Mumbai would have left the trip incomplete and now visiting India and not visiting the slum of Dharavi- Mumbai, would be like missing the real flavor of the city.

Property Investment Seminars- Wealth building through real estate

Wednesday, March 11th, 2009

Property investment seminars are property developers and realestate agent’s brochures which is produced to discuss on property development or property market in order to get the investor to part on the property investment seminars which gives own housing projects. Property investment seminars provide property investment information on a wide variety of topics. UK property experts in the property marketplace, stands at the top to represent the best investment properties in UK.

In property investment seminars you can get valuable property investment information. To check about property Investment Seminars search online. You will get more details on how to attend, schedule or learn more about such property investment seminars and opportunities.

Property investment seminars are of one and a half hour presentation which aims to wealth building through real estate. Property investment seminars are usually conducted free of cost. Property investment seminar will provide an insight overview to investing in commercial and industrial properties. Property investment seminars will mainly focus on the valuation and pricing methods related to the field of investment Properties, with specific reference to UK. Property investment seminars features a number of renowned speakers, who will tackle major practical issues related to the realestate, industrial and commercial properties which are important area of capital growth. Additionally, property investment seminars will address the issue of how to evaluate Intellectual Property Rights by adopting international best practices. The property investment seminars many make discussions at length a range of topics relevant to properties in the UK and the importance of Intellectual Property Valuation in Intellectual Asset Management.

England is the home of large number of companies with intangible assets such as trademarks. ‘Moreover, several indigenous companies in the UK are expanding their presence beyond their homeland and are going global, which accentuates the need to adopt international best practices in evaluating the companies’ worth’. So, London is the best place to conduct such great property investment seminars in a big level.

From property investment seminars, property builders find a good way to get suitable investment properties. Property investment seminars are generally a great opportunity to purchase a investment property at below market prices. You just need to attend the property investment seminars to understand the property marketplace.

Property investment seminars gather both the newer property investor and the investor that feels like they require some help in these areas, and much more! Property investment seminars will act as a workshop to allow property builders time to get their questions answered in a group setting and also expand their connections in this field.

Real Estate In Long Beach Island

Tuesday, March 10th, 2009

The Causes For The Popularity Of The Long Beach Island

The Long Beach Island in New Jersey is named among the few favorite summer destinations of the world. People like the scenic beauty of this long beach and go there for spending a vacation. There are people who want to buy real estate in New Jersey. The Long Beach Island New Jersey Real Estate is becoming popular day by day. The Long beach island of New Jersey stretches for eighteen miles off New Jersey’s east coast. The long beaches are covered with white sands and the small resorts in the beaches give it an identity of the town. People are getting interested to invest money in the real estate of this area as it is a popular tourist spot in summer. A person who owns a property in this place can rent it to the tourists in summer.

One can contact the real estate dealer in the Long Beach Island of the New Jersey for booking a place to spend the summer. A person who is searching Long Beach Island New Jersey Homes For Sale can contact the real estate dealers located in this region. The websites of the real estate dealers has a complete list of the plots in that region. One can also look to the business directory of these real estates to know some information related to the homes for sale in Long Beach Island. This island has several multi cuisine restaurants and spots for tourist attraction and a man can easily buy a home here for visiting the place in summer.

The Long Beach Island New Jersey Real Estate dealers show all the homes that they find suitable for the customer. The customers are helped for writing an offer and after they find a home, the estate agents help to close the offers successfully. The buyer does not need to pay any price for this service as all the home seller bears all the charges. Buying a home is one of the major decisions in the life of a person. A person should make a careful market study before accepting any deal.

There are people who want to make investment on the properties of Long Beach Island of New Jersey. They invest in a property of this region so that they can get huge benefit by renting or selling them. To buy a dream home in this region one needs to contact a reputed Long Beach Island NJ Real Estate dealer. The authentic real estate dealers know the value of time and show the MLS database of the homes that are available in Long Beach Island. After this, he would take the customers to show the homes that he finds to fit in the customer’s budget and fulfils the customer’s requirements.

The people living in Long Beach Islands of New Jersey might need to sell a home for several purposes. The people who want Long Beach Island New Jersey Homes For Sale should contact the best real estate agents to get the maximum profit from his home. The real estate dealers who have good reputation can also sell the homes quicker than other real estate agents.

Should you buy or rent a Property in Real Estate market of Dubai?

Monday, March 9th, 2009

The question of renting or buying property in Dubai is a common one among expatriates moving there. The Dubai Real Estate market has been going through rapid growth and the whole world knows of the massive construction being carried out. The market in Dubai is dynamic and quite in high demand. Yet there also remains the fact that mortgage payments in Dubai can be prove to be costlier than the monthly rent. Then there are also the experts that saying that the Dubai Real Estate market grew a little too fast and too big for its own good and that it might be time for it to correct itself by going in the opposite direction for a bit.
A very basic answer to this dilemma can be found by asking yourself how long you plan to stay in Dubai, the sort of property you prefer, how soon you wish your capital released, whether you are in for the long run or you want your property to get sufficient rent to help you repay the mortgage quickly. The reason for all this complication is that Dubai Real Estate is going through a transition period right now, which makes things very uncertain.

When in 2002 it first became possible for non-citizens to own freehold Real Estate in Dubai the mortgage was quite lower than the rent and the prices of property were also quite reasonable. Those who purchased property at that time are of course quite happy with their decision now. This created a huge demand for property and that sent the prices rocketing up at an astonishing speed.

Unfortunately the rise was so rapid that it is not likely to sustain for much longer.
If your stay in Dubai is going to be around 3 years of less then there is no point in buying any property there. Just stay on rent. There are quite a few construction projects that are nearing completion and the availability of ready property is bound to lower the rent. Several of these properties are owned by investors who will want their property start paying back quickly. And as mentioned earlier the mortgage rates are higher than rental even now and the difference is going to increase once the new properties become available.

So if your stay in Dubai is going to be short-term then there is no point in buying property. Since most experts agree that the market will reverse itself soon if you buy anything now and try to sell it after three years you are likely to make a huge profit. In fact, most indications are that people investing in Dubai property at this time are going to be in a loss after a few years until the lowering of the market again reverses itself.

You should buy Dubai property only if you are going to stay there for a long time. This way you can choose longer mortgage tenure to keep payments manageable and once you are done you can rent it out and convert the property into an asset. There will be no short-term gain with this approach.