Archive for November, 2009

Dubai Properties Targets High Net-worth Indian Investors at Mumbai Extravaganza 2008

Tuesday, November 3rd, 2009

Mumbai Extravaganza offered a unique platform for international real estate institutions as well as developers to launch and promote new products. Apart from high net worth individuals, the high life show also attracted professional advisors such as lawyers, bankers, brokers, top management and decision makers of Mumbai´s leading corporations, successful entrepreneurs and celebrities.

Mohamed Binbrek, CEO of Dubai Properties, said: “We were pleased with our presence at Mumbai Extravaganza. The event gave us an opportunity to present investors with instant information on the latest developments from Dubai Properties, as well as introduce our latest project launches to a new market.

“Indian nationals are amongst the top investors within the booming real estate market in Dubai. The geographical proximity of India makes it an increasingly attractive sector for property developers in the UAE to contemplate. India itself is an emerging and credible market that boasts many international conglomerates and high-net worth investors with whom we are keen to meet and conduct business with.”

In 2007, Indian Nationals spent AED 4 billion on real estate in Dubai, and over the past 10 years, Indian Nationals have spent a total of AED 6.5 Billion on the Dubai Real Estate sector. While the majority of these buyers were Indians living within the UAE, 10% of them were living in India or otherwise, proving the existence of a substantial demand for Dubai real estate from outside the UAE.*

Dubai Properties was presented in the luxury event by Shorex Ltd. the award-winning London-based wealth management event specialist.

Commercial Real Estate: Back on your Feet

Monday, November 2nd, 2009

Everyone wants to remain free from any sort of financial obligation. But what to with the financial deficits which come in between running or establishing any enterprise? To fight away from such crux, the lending authority has come up with various loans. Commercial real estate is one of those loans which are used to buy, improve or refinance commercial property. Availability of this loan online and offline has opened the financial knot of aspired borrowers. For instant appraisal and quick result, online method of availing commercial real estate is in vogue.

Basically, Commercial Real Estate deals with all properties, both rental and for sale, that are not residential. So any grocery store, book store, or coffee shop that moves into an area must deal with a commercial real estate representative to make the buy or leasing agreement. Likewise, builders who focus in buildings that will be used for non-residential belongings should use a commercial real estate negotiator in their planning and to lease or sell their buildings out for business.

Financing sources for commercial real estate include mortgage banking firms, savings and loan institutions, regional banks, insurance companies, and private investors. Commercial real estate financing can take on very different terms, and the way deals are structured is based on a number of factors including:

• Anticipated use of the property

• Geography

• Size of real estate

• Perceived risk to lender

• Market conditions

• Anticipated returns from the property

The areas mentioned above must not be forgot to be examined the business owners to seeking to seeding for their commercial real estate financing. And then, the need is of the type of loans offered by the lenders in accordance with their requirements and anticipated growth.

Despite the many types of commercial real estate, lenders always remain primarily concerned with the level of risk. Therefore, individuals must see the following documents before:

• Financial statements on all principals involved demonstrating a solid income stream

• Property appraisal

• Profiles of the management team

• Income and expense statement for the property demonstrating a solid income stream

• Plan, including construction blueprint for the use of the property.

Spend some time with an appropriate legal advisor, check and optimise, and ensure the utilities are whether in serviceable condition. Although these factors may not be an immediate part of the financial considerations individuals should be as shortcomings in due diligence can prove expensive and, of course issue uncovered should be reflected in the purchase price of the property.

Naples Florida Real Estate

Monday, November 2nd, 2009

Are you looking for a new home in Florida? Are you an ardent lover of nature as well as accustomed to all handy facilities of urban life? Then Naples in US would be the best option for your relocation. Naples, Florida has wonderful resources of natural beauty, lovely sunset, white sandy beaches, international standard natural golf course etc, for joy and an exquisite pleasure of enjoying life. As versatile is the beauty and attraction of the city of Naples, Naples Florida real estate market has different provisions for different clients.

As a world famous tourist spot and golf center, Naples has visitors all year round and thus tourism business is a big hit here. From the point of revenue earning, tourism and Naples Florida Real Estate market works together as one another’s support system. Due to tourist boom, there is always a standing requirement of tourist accommodation in Naples. Following the trend, rental apartments, houses, condos for rent form a large portion of market demand for Naples Florida Real Estate as foreign investors primarily take interest in making investment against these lucrative rolling properties for 2-fold benefits of investment: benefit by resale value and rolling of money from rental provision.

The popular search criteria in Naples Florida real estate market are resale homes, residential properties, new homes and apartments, golf course properties, ranch properties, lands and farmhouses, rental resort, rental home, waterfront properties, multi family properties and new and old resale condos are found for sale in Naples property market.

Till date the prime property transaction deals are coordinated by realtors of Naples property markets and they act as the main consulting station between the sellers and purchasers in Naples Florida real estate market. In case a prospective customer wishes to search the property listings online, he/she would obviously feel comfortable by the user friendly approach of the realtors’ own websites where all possible assistance is provided for further progress from the part of the prospective clients.

On an average, property values in Naples are so high that it is tough to get resale house sale market. Customer friendly home loan facilities and investment friendly fiscal policies have added extra mileage for the prospective buyers. In some instances people sell out their properties in order to get rid off the burden of loan or for capitalizing their non-movable assets. Description and listings of these properties are reliably found with the enlisted realtors of Naples Florida real estate market.

However, Naples Florida real estate market is now in booming condition and now it is mainly the buyers’ market. The price of Naples property is ascending, and as per the experienced realtors of Naples market, it is now high time to invest in Naples properties to have secured return within a short- term-period. But a professional realtor’s assistance and guidance is required to enjoy this profit.