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Return on Investment in Real Estate

How does one know if he is getting good Return on Investment in Real Estate Below is copy of my answer on Quora. There are two categories I would like to consider Residential & Commercial Residential traditionally should give you 3% returns. Smaller units will give higher returns, while larger & costlier units will give…

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Some customers just don’t take decisions

There are no good decisions or bad decisions… only Decisions.. Many years back a wise friend once told me. In the business of selling real estate, you meet a lot of customers looking to buy or sell properties. Your success depends on them making positive go ahead decisions. Sometimes you just can get them what…

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Here’s How Spending 3% On You Will Advance Your Career

Never underestimate the value of investing in yourself. Many professionals seem to miss out on the importance of it. People are more likely to treat themselves to a new outfit or a nice dinner out, but when it comes to increasing their knowledge and business skills, somehow there isn’t room in the budget. Some of…

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Dont Burn your fingers while buying Real Estate

Almost every one who has risked anything in life would have got fingers either burnt or coated with nail polish depending on their luck. Let me share my own story here. In 2007 I bought a “farm plot” for Rs. 84/sft. This is still now sellable at about 150/sft It has taken over 9 years…

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10 Step Process in home purchase

10 STEP PROCESS IN HOME PURCHASE I was asked this question in quora. Its always wise to invest in real estate, but never invest wisely. Please see my post on “burning your fingers” Pounacha B M’s answer to How many buyers have burnt their fingers in Indian Real Estate? Lets take the process that I…

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Is it worth buying an old apartment or is it advisable to go for a new one

Is it worth buying an old apartment? Question on Quora: I am planning to buy a home built in 1984. It’s a 3 bedroom 1.5 bath Condo. But having no idea about home buying, I am wondering should I take that step. Usually what is the life time of the home? Will I be able to…

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When buying a small commercial property, what type of due diligence do I need to do?

First – complete legal scrutiny. Use the costliest lawyer you can afford. Second – check the rental agreement for clauses that might be harmful for you as the new owner Third – check if the market is in sync with the deal you are getting Hope that helps. Follow Me On Quora

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I am purchasing one independent house. How much will it cost to prepare a sales deed agreement?

I’ll answer this question in two parts: 1. Cost of preparing the sale agreement: Ask your lawyer to prepare one they charge around 5–10k depending on his level. Don’t try to save money here. Make sure all names, pan numbers and other details are correct check thrice before finalising. Ensure he puts proper indemnity clauses…

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