Steve Dubin asked:




DATELINE: TAUNTON, MA…Home prices are down and the traditional spring home buying season is in full swing. Is it a good time for you to consider buying a home? Would you be eligible for a mortgage if you did decide to buy?

Find out the answer to these and other home buying questions at Bristol County Savings Bank’s FREE Homebuyer Fair to be held on Saturday May 3 from 10:00 AM –1:00 PM in the Carousel at Battleship Cove in Fall River, MA. The Homebuyers Fair will feature light refreshments, free carousel rides, and free giveaways as well as a $250 credit toward closing costs with Bristol County Savings Bank.

Attorneys, Realtors, Mass Housing and Bristol County Savings Bank will offer information. Participants will include Attorney Ronald Lowenstein of Fall River, Goretti Joaquim of Mass Housing, Steve Dumont of Precision Home Inspection Services, and Mary Ellen Macinnis of MGIC. Bristol County Savings Bank Mortgage Consultant Mickie Lima will also be on hand to answer questions.

Massachusetts realtors in attendance will include representatives from KAM Realty in Fall River, Salt Marsh Reality Group in Swansea, Tri Professional R.E. in Fall River, Riverside Realty Associates in Somerset, American Dream Realty in Westport, Town House Realty in Somerset, and Re/Max Right Choice in Fall River.

If you’re tired of renting, need more room for your growing family, or if you just want to learn how to get started, plan on attending the Homebuyers Fair and find out what it takes to become an actual homeowner. For more information please contact Mickie Lima at Bristol County Savings’ Commercial & Residential Loan Center at 508-809-0603.

Bristol County Savings Bank

Bristol County Savings Bank is a full service financial institution offering commercial lending, personal and business banking, and mortgage services. The key words at Bristol County Savings Bank are: “Commitment, Stability, and Community,” values that are combined with state-of-the-art technology to meet the needs of its customers. A dedicated local community bank for over 160 years, Bristol County Savings Bank is actively involved in giving back to all the communities it serves both through financial support and the volunteerism of its people.

Founded in 1846, Bristol County Savings has $1.1 billion in assets, with 244 employees in Southeastern MA and RI. The Bank’s 10 full service banking offices are located in: Taunton, MA (2); Raynham, MA (2); Rehoboth, MA; Attleboro, MA; North Attleborough, MA; Franklin, MA; Dartmouth, MA; and Pawtucket, RI. Three loan production offices are located in Taunton, MA, Fall River, MA and in Providence, RI; and two Educational Branch Offices at Taunton High School and Attleboro High School.

The Main Office and Corporate headquarters of Bristol County Savings Bank are located at 29 Broadway in Taunton, MA 02780. For additional information please call 508-824-6626, or visit www.bristolcountysavings.com.

Carrie Dawson asked:




Rehabbers are always facing financial constraints when they fix and flip homes. With a little budget, they must make a house livable and attractive. Some rehabbers tend to spend more when they feel unsatisfied after exausting their repair budget. Others, however, augment money with some creativity. Here are some creative pointers that will help you maximize your budget when making repairs.

Pay attention to small things. There are petty repairs that can actually raise the value of the property significantly. How much is a plant in a pot? How hard is it to make a new mailbox? How many hours will you take mowing the lawn of a small yard? It surely won’t take much time, money, or effort to do all these. These are small, cheap, and fast cosmetic repairs that give your property a good image.

The front yard is what the buyer sees first and it this part of the property gives out a lasting impression, then that’s bigger chances to sell. That also translates to a higher price and a stronger position for rehabbers to negotiate with their buyer.

You might want to fix and flip the front yard last. There are reasons for this strategy. First is to avoid damaging the garden while repairs are still being made inside the house. You wouldn’t want paint, wires, and concrete spoiling your lawn. Also, you can use excess materials is beautifying the yard. For example, you can make a new mail box from excess chunks of wood.

To be more creative, you must also make sufficient research on the area where you fix and flip properties and about your prospective buyers. For example, if the area is near a primary school, your prospective buyers would most likely be families with young children. Why not put a swing in the front yard? That’s a chunk of wood and some rope tied on a tree. Parents envision their children playing outside the window. When rehabbers are able to make them “feel at home,” you’ll likely convince them to buy the property.

Many investors do not recommend putting up and tearing down walls because this activity is tedious, time-comsuming, and is not cost-efficient. However, you can use this technique to raise a house’s value by around $8,000 by just spending a few hundred bucks. Research on how many rooms your prospective buyers might like and modify the house based on that. If it has three rooms and buyers like four, maybe you can put up a wall to divide a large room into two.

Remember that when you fix and flip property, you can be short of money but not creativity. Learn more about rehabbing at rehab-real-estate.com, your online source of videos and articles about rehabbing houses.

Chris Chico asked:




When considering an entrance into the real estate investment market, it is important to remember some basic house flipping tips and strategy.  To begin with, house flipping means to buy a property with a depressed value and then to resell that property for a higher price.  This process is usually a quick transaction with the investor only holing the property for a few days.  Many boast of huge immediate profits. The following guidelines will help lead you to financial freedom and fiscal independence.

The first thing to learn is how to identify a property that is likely to create a huge profit margin.  Why depressed value may make you think of properties that badly need repairs, condemned buildings, or buildings in undesirable locations, there are many other reasons that a building would have a low price.  Foreclosures are a great source of potential opportunities.  Visit local banks to get a list of available assets that have been foreclosed upon.  The prices of these buildings are usually much lower than current market prices and are not related to the current condition of the property.

Another great source for possible prospects is real estate auctions.  These usually include properties that have come under the ownership of the state, either through tax enforcement or the death a person with no designated heirs.  These assets are totally unrelated to current market values and simply go to the highest bidder.  Another helpful tip is to check online auctions.  With the growing popularity of the internet these have become much more common and easy to find. Simply use any search engine to locate these sites.

Once you indentify a property, the next step is acquiring the capital to purchase it.  Obviously you can front the money from your own personal wealth.  However, this is not always necessary.  A handy tip is to again visit your local bank.  Banks will often offer short term loans for such investment opportunities.  Use the loan or mortgage to purchase the house and then repay the loan immediately after selling it.  In this manner you can ensure a much higher profit margin.  Another tip is to put a five to ten percent down payment on the loan.  This will help you secure lower financing fees and better fiscal terms.

As soon as you own the house, you will need to find somebody to buy it.  A helpful tip is to limit purchasing a property unless you already have a potential buyer lined up.  This will limit the time that you own the house to a bare minimum.  This will also limit the time you have to carry the loan or mortgage.  Potential clients can be found anywhere.  Again a useful tip is to utilize the power of the internet. 

Advertise on real estate web pages to reach huge audiences.  This method is also the cheapest method to advertise.  Other ways to attract clients is to buy advertisement space in newspapers, on bill boards, or in classified listings.  These are just some helpful house flipping tips that will have you generating an alternate form of income in days. 

Chris Chico asked:




In today’s market, we’re watching the values of properties and portfolios hemorrhaging before our very eyes. We look at the value of the Dow, and then moments later we look at it again, the numbers can be dramatically different. Everything, it seems, is sliding down.

Remember when times were good? You could turn on the TV and it seemed like every channel had at least one or two or ten shows about house flippers who would buy homes, fix them up, and sell them again. But with today’s turbulent economy, is that even possible?

If you are curious about real estate investing, you probably have questions going through your mind like “Can I make money flipping a house in this market?”, “Aren’t housing prices off?”, or, “Won’t it cost way too much to repair?”. In today’s economy, these are valid questions. And the answer is: Flipping a house in this market is possible, house flipping isn’t dead. If done correctly, there are ways that you can grow a successful flipping practice even in an economy that is in meltdown.

In fact, with the right system, it’s possible to make great money even in down markets. That’s because the down market itself is helping you. Here’s how:

In good times, people can sell homes for top dollar so flippers are forced to buy homes at high prices then fix up the home to be even nicer and sell the home again, thus “raising the bar” and making the home a high value home. Let’s use an example of a home selling for $200,000 in a neighborhood of homes going for $180,000 to $220,000. The flipper buys the home for $200K and fixes it up really nice and puts it back on the market for $220K to $250K. Their profit is made in improve the value.

In tight times, many people are facing foreclosure and just want to get out of a bad situation where they cannot afford their home. Perhaps they’ve lost their job, or perhaps their mortgage rate adjusted to a higher price than they could handle. Either way, they may be willing to part with their home at a discount. So, for flippers in tough market conditions, the secret is to get homes at a discount and sell them quickly at a discount to someone else. For example, if a home is valued at $200K, the flipper might be able to buy it at an extreme discount – say $100K – and then turn around and sell it for $120K to someone else with very little work in between.

That’s the secret to flipping a house when the market is down. People facing foreclosure are motivated sellers and willing to sell for massive discounts just to get out of a home they can no longer afford.

Of course, there are many other tips, tricks, and techniques to real estate investing in times when the market seems disastrous, but the bottom line is: flipping is not dead. Good money can be made easily with the right system in place. 

Chris Chico asked:




Do you want to learn how to flip house and make a huge profit?  By definition, to flip a house means to buy a house at a depressed price and then to sell that property very quickly for a much higher price.  This process allows an individual to make huge sums of money without a lot of upfront capital and without a lot of financial risk.  Using this method you can become financially independent very quickly – often on the very first transaction.  Many people think that long complicated real estate techniques are utilized or difficult financial terms have to be understood.  However, this is not the case.  It is a simple and easy process. Just follow some basic steps and you too can learn how to become financially stable.

The first step is to understand how to identify and locate properties with depressed values.  There are several reasons that a house may have a depressed market value.  The owner may have defaulted on the mortgage for the house.  In this situation, the bank or mortgage institution forecloses on the distressed property and assumes ownership over that property.  In order to recoup a portion of the defaulted mortgage, the financial institution will put the house up for sale.  Desperate to recoup their financial losses, the financial institution will often price the house much lower than market value.  These houses present great opportunities.

There are several other reasons a house may have a depressed value.  A sudden death might leave a house in financial limbo.  If there is a last will and testimony, then the property may revert to another owner.  However, if this transfer of ownership is not specified, then the house may be auctioned off to the highest bidder.  These real estate auctions offer great opportunities because the price that a house at auction sells for is usually much less than the market value of the house.  Even if the property reverts to other ownership after an owner death, the new owner is often highly motivated to sell.  Anytime a seller is motivated to sell, the asking price will fall.  Other reasons that a house might have a low asking price include the house falling into disrepair, a house being condemned, or a house being in an unsavory location.  In all these instances the price of the house may be so low that a high profit margin can easily be attained.

The next step is to secure the money to purchase the house.  This is not as hard as you may imagine.  In all of the situations described above, the owners of the houses, be they financial institutions or private owners, are extremely motivated to sell.  Private owners will often offer owner financing, accept little to no down payment, or even hold off payment until the house has been flipped.  Motivated financial institutions will offer short term loans in order to move accumulated assets.  Once the house has been acquired for a low cost, the final step is to sell the house at a higher price.  Follow these simple steps to learn how to flip a house and become financially stable.

Dean Kirkland asked:




Dean Kirkland

Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moody’s Investors Service. That’s making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

The industry is likely to be high on the agenda when Bernanke and his colleagues sit down in Washington tomorrow for the Federal Open Market Committee meeting on monetary policy. Lawmakers including Barney Frank and Carolyn Maloney are pushing the central bank to extend an aid program designed to restore the flow of credit.

If nonresidential real estate remains in the doldrums, the Fed may be forced to leave emergency-lending programs in place and keep its benchmark interest rate close to zero for longer than some investors expect, given positive signs elsewhere in the economy.

Commercial property is “certainly going to be a significant drag” on growth, said Dean Maki, a former Fed researcher who is now chief U.S. economist in New York at Barclays Capital Inc., the investment-banking division of London-based Barclays Plc. “The bigger risk from it would be if it causes unexpected losses to financial firms that lead to another financial crisis.”

‘Close Attention’

The Fed is “paying very close attention,” Bernanke, 55, told the Senate Banking Committee on July 22, the second of two days of semiannual monetary-policy testimony before the House and Senate. “As the recession’s gotten worse in the last six months or so, we’re seeing increased vacancy, declining rents, falling prices, and so, more pressure on commercial real estate.”

The pressure may be easing in other areas of the economy. Gross domestic product shrank at a better-than-forecast 1 percent annual pace in the second quarter after a 6.4 percent drop the prior three months, and residential housing starts rose unexpectedly by 3.6 percent in June as construction of single- family dwellings jumped by the most since 2004, according to data from the Commerce Department.

Employers cut fewer workers than anticipated last month as the jobless rate fell to 9.4 percent from 9.5 percent in June — the first decline since April 2008, based on Labor Department figures.

‘Danger Zone’

Amid such glimmers of improvement, commercial real estate is a “particular danger zone,” said Janet Yellen, president of the Federal Reserve Bank of San Francisco, in a July 28 speech in Coeur d’Alene, Idaho. The market may be “under stress for some considerable period of time,” William Dudley, chief of the New York Fed bank, said the following day in New York.

Nonresidential construction may decline as much as 9 percent this year and another 5 percent in 2010, predicts Kenneth Simonson, chief economist at Associated General Contractors of America, an Arlington, Virginia, trade group whose members include Essen, Germany-based Hochtief AG’s Turner Construction Co. in New York, one of the largest U.S. builders. In the second quarter, it accounted for 3.6 percent, or $509 billion, of U.S. gross domestic product on an annual basis, down from 4.3 percent in the final three months of 2008.

A dozen lawmakers questioned Bernanke on the topic during his July testimony. Some asked about extending the Term Asset- Backed Securities Loan Facility, the emergency program the Fed began in March to restart the market for securities backed by auto, credit-card and education loans. The central bank expanded the facility in June to cover as much as $100 billion in loans to support commercial mortgage-backed securities.

One-Year Extension

Forty-one House members — including Frank, 69, a Massachusetts Democrat who chairs the Financial Services Committee, and Maloney, 61, a New York Democrat who heads the Joint Economic Committee — signed a July 31 letter seeking a one-year extension through December 2010 and asking for a decision by mid-August.

Fed policy makers will prolong the program if they judge financial markets are still “some distance from normal operation,” Bernanke said during his July 22 testimony. “We will certainly be monitoring the situation.”

The Fed likely will change the end date — just not right away, said former central-bank Governor Lyle Gramley.

Market Developments

“They’re probably going to want to wait a while to see how markets develop,” said Gramley, 82, now senior economic adviser with Soleil Securities Corp., a New York-based investment- research firm.

A six-month continuance is more likely than the one year industry officials want, said former Fed Governor Laurence Meyer, Washington-based vice chairman with consultant Macroeconomic Advisers LLC of St. Louis.

That would still be useful and “provide more of a runway” for the TALF to be effective, said Jeffrey DeBoer, president of the Real Estate Roundtable, a Washington group representing 16 trade associations and property owners including New York-based Vornado Realty Trust, the third-largest U.S. real-estate- investment trust by market value.

Any sales of mortgage-backed bonds would be the first new issues in the $700 billion U.S. market for commercial-mortgage- backed securities since it was shut down by the credit freeze in 2008.

About $3 billion are in the pipeline, and the success of these sales may foster as much as $25 billion in total deals in the next six months, said Kenneth Rosen, who runs a $310 million hedge fund in real-estate securities and heads the University of California’s Fisher Center for Real Estate and Urban Economics in Berkeley.

Signs of Improvement

The market is showing some signs of life: The Bloomberg REIT Office Property Index of 14 companies, while down 56 percent from its February 2007 peak, has gained 41 percent in the past six months. Also, the yield gap, or spread, on top- ranked commercial mortgage-backed bonds relative to U.S. Treasuries is about 4.49 percentage points compared with 8 percentage points at the start of May, according to Barclays data.

The Fed’s efforts to revive credit may be overpowered by continuing job losses, even as the pace of those losses slows. U.S. employers eliminated 247,000 workers from payrolls last month, according to an Aug. 7 Labor Department report, bringing the cumulative reduction to about 6.7 million since the start in December 2007 of the worst contraction since the Great Depression.

‘Negative Fundamental’

“Demand for commercial space comes from employment and the income generated by that employment,” said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton School’s Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a “really significant negative fundamental,” signaling that “conditions are going to be tough for the industry for a while,” he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

Regions Financial Corp., the Birmingham, Alabama, lender that accepted $3.5 billion in U.S. rescue funds, had $36.9 billion in nonresidential real-estate and construction loans at the end of the second quarter, 38 percent of its overall total. Regions posted a net loss for the period of $188 million compared with a profit of $206.3 million a year earlier as more developers and home builders fell behind on payments.

Third Straight Loss

Salt Lake City-based Zions Bancorporation, which operates in 10 Western states, reported its third straight quarterly loss July 20 on a surge in commercial-property defaults. Thirty-five percent of its loans for the period were in nonresidential real estate and construction, and its provision for loan losses rose to $762.7 million from $297.6 million in the first quarter.

One developer based in U.S. Representative Walt Minnick’s district is in a bind because a lower appraisal means he can’t renew the full amount of a $10 million, three-year loan he took out for a recent project, the first-term Democrat from Idaho said in an interview last week. The person may be forced into bankruptcy, said Minnick, 66, without identifying the developer.

“That is a microcosm of what is happening to commercial property” everywhere, he said. “It’s the next shoe to drop.”

Relinquish Control

Maguire bought 24 properties and 11 development sites for $2.88 billion in 2007 from New York-based Blackstone Group LP, the world’s largest private-equity company. Later that year, credit markets froze, blocking the Los Angeles-based company’s efforts to refinance its mortgages. Now Maguire may relinquish control of seven Southern California buildings with $1.06 billion of debt, the company said today, adding it’s not planning on filing for bankruptcy.

New York-based Brookfield Properties Corp. faces a $1.8 billion debt maturity in October 2011 arising from the 2006 purchase of Trizec Properties Inc., which made it the second- biggest owner of U.S. office buildings by square footage. Brookfield has said it expects to refinance some of its obligations and sell buildings to cover the rest.

Commercial real estate remains “an important downside risk,” said Gramley, a Fed governor from 1980 to 1985. “I don’t think it’s going to be a blockbuster negative, but it’s one additional reason why this recovery is going to be of modest dimensions.”

To contact the reporter on this story: Scott Lanman in Washington at slanman@bloomberg.net.

Shailesh Smith asked:




Dubai is among the most popular real estate hub in the world. Dubai is growing very strongly and rapidly. Nearly 1/3 of the total cranes offered in the worldwide market are being used in Dubai to make buildings. Well, this easily tells you about the growth and development that is taking place in Dubai. If you are in Dubai then you will notice a large number of beautiful buildings that has been built since last few years. More than 13% growth has been noticed in real estate Dubai.

There are numerous reasons behind the large and unforeseen crowd in the real estate of Dubai. Most of the talented and skilled people through out the world contribute laudably in the rapid development of the country. Buying the properties here is quite beneficial as you can get the benefit of some tax free services. The amazing environment of Dubai has always attracted large number of investors to invest their money by buying some good Dubai properties. The presence of some large number of big and well known companies in Dubai has widely augmented the requirement for real estate. Therefore buying real estate properties especially in Dubai is definitely a good choice for future as well.

GulfPropertyOnline is a property website that aids people to locate the companies in Dubai and other Gulf Region in the property industry. We mainly focus and try to get the best real estate Dubai and Dubai properties. Due to the increase in the demand of real estate Dubai, we can be your single stop website as we offer all information on diverse types of the properties which are available in Dubai.

Kinan Beck asked:




Work has begun on the hotly debated Spring condominium community at Third and Bowie in Austin. The planned 42-story 250-unit tower will feature one bedroom condos as well as two-bathroom, two-bedroom units. Smaller condos will begin at 575 ft.², with a starting price of $237,000. Two-bedroom condominiums will range in price from $430,000 to $530,000. A few larger penthouse units, starting at $700,000, are also part of the plan. Spring is the brainchild of Robert Barnstone, Perry Lorenz, Larry Warshaw and Diana Zuniga. Vancouver-based Rafii Architects is providing design for the project, which is expected to be completed in 2009.

The new condominium tower has not been without its controversy. The project was proposed at 400 feet, and some suggested that the tower height be limited. The Austin city Zoning and Platting Commission allowed the project to go ahead, despite the criticisms. Spring attracted much controversy due to its proposed 400 foot height. The height would have made Spring one of the tallest buildings in the city. Developers for the project claim that the height was necessary, since the condominium tower was designed on the skinny towers that dominate the skyline of Vancouver. The dream team behind the condominium tower also pointed out that Spring is one of only a number of residential high-rise condo plans for the downtown core, and some have proposed heights just as towering as Spring itself. The Vancouver-inspired “”point tower”" style of building, developers claim, is the best way to add more housing to the prestigious Austin area at less cost. Some claim that the new thin towers will allow the historically high cost of real estate downtown to be more reasonably priced for buyers. Real estate experts say that demand for residential properties in the downtown Austin area continues to be very strong, which may be part of the secret behind the big building boom. There are a number of building projects underway, besides Spring. Despite this, the marketing team behind Spring isn’t worried — the marketing department is seeing two reservations a day for the tower.

To add even more to the condominium market in Austin, two different buyers have purchased Windsong Apartments and Parkside Apartments recently. Both buildings are reportedly being converted into condo communities. The sellers in both deals were represented by Transwestern’s Central Texas Multifamily Group. The Sutton Co. bought Windsong from from Halisco Ltd. for a reported $4.3 million (approximately $82,700 per unit). The 52-unit complex across from the University will be converted into condos. The Parkside was sold for an undisclosed price. A local investor, who remains unnamed, purchased the 18-unit property at 4209 Burnet Road. The two sales represent the third and fourth sales for condominium conversions in the city this year alone. Experts are saying that the market for condos in downtown is so hot right now that investors hope that conversions will allow them to tap the market fast. While a number of new condo communities are being built in downtown area right now, investors hope that conversions will take less time and will therefore allow them to place their condominiums on the market first.

Chris Chico asked:




To become financially independent many people learn how to flip a house. This process could not be simpler to understand and it is even easier to execute once the basic methodology has been understood. It is a simple process that typically involves four steps: first, identify a potential house to purchase. Second, acquire the funds needed to purchase the property. Third, negotiate an acceptable buying price for the property. The fourth and final step is to then find a buyer that is willing to buy the newly acquired for a higher price.

The first step of any real estate investment is to find and identify a potential property. A potential property can be identified by its sound appearance, availability, and, most importantly, a low asking price. It is a good idea when searching for a property to invest in to research the surrounding real estate market. Real estate is valued on a comparative basis. This means that the price of a particular house is based on the value of similar houses in the immediate area. By studying these properties a smart investor can identify those houses which are priced below the comparative market value.

A house may be priced below market value for many reasons including poor condition, foreclosure proceedings, tax liens, or any number of other reasons. A great way to find houses that have been foreclosed on is to contact your local bank or lending institution. Properties with tax liens against them can be found at the court house or local tax office. Once you have identified a promising property, you have to acquire the funds necessary to retain ownership of the house. If you are not an experienced or wealthy investor, then this could be a tricky and confusing process. The first thing to remember is that a bank lends money in order to make money. If they do not think that your investment opportunity will be profitable, then they will be unlikely to extend the needed or requested funds. Therefore it is important to be as prepared as possible when answering the loan officer’s questions. Have facts about the property, the surrounding market place, and your personal financial history at hand and accurate. Do not attempt to mislead the officer. They will find out the facts eventually and any dishonesty will hurt your chances of completing a successful loan application.

Once the property has been identified and the money acquired, then you must negotiate the best possible asking price. This step in the process can mean the difference between an ultimate profit or loss at the end of the day. Again it is important to have your facts. Know the comparative market place and make sure you have identified the possible negatives of the house in question that may force the owner to lower the asking price. Remain confident and always stand firm with any and all offers.

When you have gained ownership over the property, then the final step to learning how to flip a house is to locate and extend an offer to a potential buyer. Again negotiation is key to the success of the transaction. Highlight the positive aspects of the house and only accept an offer that nets a profit. Follow these steps and you will be flipping house in no time.

Steven Markig asked:




The real estate market in India is getting hotter not only from within but also from outside. If the local investors are leveraging the higher trend of real estate rates from within, it is pressure from the India real estate. Rather, such investments are becoming a routine in the highly rated real estate boom in India. The NRI investment in India is constantly on the upswing thanks to the liberal investment policies of Indian governments at the Centre and the States.

The technology boom is largely considered as a major contributing factor in the present boom in the Indian real estate sector. The tier I cities like Bangalore, Delhi, Mumbai have registered a phenomenal growth in the past decade. This boom is slowly percolating to the tier II and tier III cities like Chandigarh, Gurgaon, Pune, Hyderabad, Mysore.

The NRIs, who had left the country for better opportunities abroad and made it big in the alien land have started looking at dream India positively. Their desire to invest in immovable properties in India is seen as reverse brain-drain (as is known in IT circles) in the real estate sector. And all this is the result of sustained liberalized policies adopted by the successive Indian governments. The Indian juggernaut has just started to roll and it promises greater revolutions in every future roll!