The Real Estate Professional

At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.

As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:* Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states. * In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres. * 51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route. * Full repatriation of original investment after three years. * Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively. * 100 per cent FDI allowed in realty projects through the automatic route.

Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time read more

Having a specialty in a particular kind of real estate or real estate investor can seem like closing doors to all possible clients, but in a world of thousands of real estate professionals, it is a smart business move to shine in a particular niche. Deciding on your niche and how you intend to approach it is key to finding a solid business amongst the many other people who are also looking for clients. Your niche should be something you’re passionate about. Whether it’s golf, pets, first-time home buyers, luxury real estate or senior clients, you should be eager to learn more about it and apply what you’ve learned to your business. Don’t get into a niche just because it’s a hot market right now. Your natural love of your niche is what will sustain you when the market is not going your way. People like feeling special. If you specialize in an area that they identify with, they are more likely to pick you because at least they know you will be paying attention to their particular tastes/concerns/goals. For people who are passionate about their interests, it can bump you up from an interesting option to a necessary part of their real estate dealings. Your potential clients will recognize passion when they see it. If you’re obviously enthused about selling real estate beside parkland, they’ll know it by the way you speak, what you know and how you write your website and/or blog. This is what captures clients’ attention read more

If you’re looking for investment property, Tampa real estate is one option you may want to consider. The current prices for Tampa real estate, coupled with the long term outlook for property values in the Tampa Bay area, make it a wise way to invest your money for a healthy return.

There are actually several good reasons to consider investing in Tampa real estate:

- The Tampa area consistently offers some of the best return on investment over the long term compared to most other coastal areas in the United States.

- The graying population of America is growing steadily. Each year, more retirees are planning to retire to areas like Tampa so they can enjoy their leisure years in the sunshine and tropical breezes. Today more retirees than ever can afford prime real estate, and they are willing to pay top dollar for amenities, location and access to water for boating, water skiing, relaxing on the beach and other activities. Florida is the most popular state for retirees, in part because of the lack of a state income tax. It makes Tampa real estate especially attractive to retirees who earn a steady income of any sort.

- Tampa real estate is a sound investment because it doesn’t rely on just one demographic. Although retirees are a solid portion of the market, Tampa also appeals to young families because of the warm weather, good schools and many communities with a home town feel to them. Vacation home buyers are read more