Author: Trimurty

The property market has grown into a major attraction for potential investors. More and more people are getting their financial muscles into this business with a big number of commercial property transactions being inked every day.

When you buy property, you do so with the expectation that the investment will pay off. The real estate business can sometimes prove to be a little bit tricky, if you don’t do your math. This is why the first thing to do when buying or selling property is conducting its valuation. This can greatly save you the cost of misappropriating your capital on a misguided venture or getting ripped off. Also, the valuation gives you an insight into the commercial property market in the area and help you understand its dynamics and plan on future growth.

The challenge comes in when you have no idea how to value the property. In that case, worry no more. The following information will help you do your commercial property valuation with relative ease.

How To Value The property

These are the major things to look into:

The amount of rental income: The value of any property is directly proportional to the rent payable. Knowing the amount of rent can help in estimating the value of the property. It can also be of good help when you want to approximate the rate of property appreciation in the area.

Security: Determining your investment security involves balancing its returns against the associated financial risk. As an investor, you would feel more comfortable committing more resources in a more secure investment than a less secure one. A secure investment gives an assurance of getting your money back in any case.

Estimated Value of the surrounding property: With property valuation, the location is a big determinant. It has the potential of pulling the scale of value on either side. By being informed on the value estimates of the property in the area, you stay ahead in estimating the value of the involved property even before you do the actual valuation.

The Trend: If more people want to buy property in the area of your interest, the demand rises along with the cost. This pushes up the value of the property. Having a simple clue on this issue proves resourceful.

These simple tips can come in handy any time you get down to value your property whether you want to buy or sell.

Property investment can be a mine field. As such, choosing a property to invest in has to be based on price, location and most importantly, and sound research. You should try as much as possible to keep you emotions out when you are buying property. You are not searching for a property that you will have to live in, so numbers should be your number one concern. Here are some pointers that will get you started.

First and foremost, you should treat it like a business. Property investment should be a business decision. You may end up choosing to take charge of the management of the company or contract it to someone else. Whichever the case, you should remember that it is a business and all the taxes, loans and maintenance will have to be recorded and kept accurately.

Another factor that you should consider is the location. This cannot be stressed enough. This is because the location affects the price of the real estate a great deal. You should avoid as much as you can not to get property in an area that might make you run at a loss. Research thee market and ensure that it has demand.

You should also look for features that you know are attractive to tenants. For example, if you are thinking of getting an apartment, does it have a balcony a double garage or an internal laundry? You may not receive the tenants immediately or you may be looking to replace the ones that have already left. You should ensure that you have a period of at least three weeks in which you will have renovations to maintain your property.

In addition, you should ensure that you have attractive rates depending on the area that you have the property in. this will need \you to do some bit of research of the area.

These are just some of the rates that are bound to see you be successful in your property investment.

Jaipur, India’s pink city has recently been experiencing an upsurge in the city’s real estate industry. Jaipur is one of India’s planned cities and it is located in close proximity to India’s capital city of Delhi. Most of the potential homeowners are attracted by the budding property market in Jaipur. Property is more affordable in Jaipur as compared to India. The rapid growth in Jaipur’s property market can be attributed to factors that include:

The planned city structure upon which Jaipur is built -This means that the city’s foundations had been thought out ahead of time and all the mushrooming buildings had also been planned for. The planned city structure ensures that all property is erected according to set standards and it also prevents the emergence of slams which often arise from congestion and building of unplanned structures.

The city is closely connected to Delhi – This makes Jaipur attractive to property developers and potential home owners. The distance between Jaipur and Delhi has been shortened by the creation of the Delhi-Jaipur highway which connects the two cities.

Jaipur is rich in culture and heritage – This attracts tourists to the city and this in turn attracts property developers to develop property in the city to host the visiting tourists.

Low property cost in Jaipur – The low has attracted property developers to develop property in Jaipur. Investors and home owners have also been attracted to invest and buy into Jaipur’s property market.

The housing facilities and global living standards in the city of Jaipur continue to attract tenants from different cities in India.

The booming IT and IPO business in Jaipur continues to attract property developers to erect buildings for modern commercial spaces. This also contributes to the advancements seen in Jaipur’s property market.

The above mentioned factors have contributed to the upsurge being witnessed in Jaipur’s real estate industry. And this trend in the property industry is estimated to continue far into the future.