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10-08-2008
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10-07-2008
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Right Price :
Once you know the right price of your property you would be able to sell it at the earliest. Everyone wishes to attain maximum price for his property. However you need to be realistic. There is no point that your property is listed at a higher price but does not conclude in a transaction. At the same time you would not like to sell your property lower than the market price. Best way to ascertain the right price is to check up with real estate agents the price of a property similar to yours, check up with friends and neighbors if they know the price of any property sold in your vicinity. Then compare the plus and minus points of that property with yours and you can come to the right market price for your property. Nevertheless, if your property is good for a self user you can get a better price from an end user as compared to a builder who would pull down the entire building to make new flat/s and he would never take the cost of an existing construction into account while making an offer for your property, whereas an actual owner would be willing to pay a part of it.
Make a Summary of your property :
(It should include the following) Built up area, Accommodation, Plot Area, Construction quality, Age of Construction, Its location and property ownership title. Other details like Electricity load, water supply, house tax structure, distance from the market, schools, hospitals, airport, railway station, bus stand, etc. also make an impact on sales of your property price. Any other positive point/s should also become part of this Summary but minus points of your property must be at the back of your mind so that when you negotiate your property price you know them.
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You intend to buy a residential, commercial or industrial property. |
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Based on these details you can draw a list of your preference, which should list the following. |
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Property type (Residential, commercial, etc.) |
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Accommodation |
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Area of the Plot |
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Preferred floor·=] Preferred Location (park/road facing etc.) · |
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Preferred Locality Property ownership (lease/free hold) |
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Price range |
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Room sizes |
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Builder's properties/Resale properties |
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Parking |
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Servant Quarter |
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Other requirements: like distances from Office/School/Markets/Bus/Rly station/Airport,etc. |
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Who is the promoter? |
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Is the property title clear? |
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Whether the price is right? |
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Who are the other flat owners in the building? |
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What are the common areas and what is status of ownership? |
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Permissions required from Competent Authorities? |
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| Real estate in India makes an enormous contribution to development of the economy, national growth and GDP. |
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| India has several thousands of realtors or brokers operating in over 35 metropolitan cities. |
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| They represent interests of large corporations on the one side and domestic consumers on the other. |
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Contact Us |
INDIA
Call: +91-9377-450-499 /
+91-97-22-01-00-02
Email: ind@fiducea.com
Web: www.Fiducea@yahoo.com |
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