2018 and preceding years were exciting times in the housing market. The year started out hot, only to narrow down halfway through. At the end of 2018, we saw… · More an increase in cost and yet diminish in the number of auctions. While this may disquiet seller and purchaser, there is nothing wrong with the change says Hirsh Mohindra .
Earlier a prominent office was all a real estate agent required to entice potential sellers and buyer searching for a home. Those days are gone. About 80% of… · More people these days search for a home online and also prefer to sell home online.
Investing in Real Estate can be a tricky endeavor and requires careful planning and timing, says Hirsh Mohindra . When evaluating real estate, it's… · More always important to plan on how long you anticipate holding the property. Maintenance, property taxes, and utilities can add up quickly and need to be accounted for when preparing your project plan.
Younger Americans are purchasing houses far less often than older generations and that puts a great sector of the U.S. wealth at risk. It used to be that… · More everybody sought to purchase a home, seeking delight and safety, as well as the probable for future prosperity.
The Blackstone Real Estate Debt tactics IV fund will focus on property-related positions in civic as well as private debt worldwide, according to a financial… · More presentation seen by Bloomberg. The pool will have an emphasis on the U.S says Hirsh Mohindra.
This year, the industry will likely continue at a slower
This year, the industry will likely continue at a slower pace as interest rates increase and job creation begins to subside, says Hirsh Mohindra. The… · More following report focuses on commercial real estate by volumes as well as value as asset value. To appreciate a robust Commercial Real Estate Market analysis, it’s important to assess global volume by scrutinizing past data and future models. From a regional standpoint, key geographic indicators will have an impact on the market rates and overall value.
Selling or purchasing real estate is a significant
Selling or purchasing real estate is a significant and major decision. Technology will continue to improve how real estate is purchased and sold, says Hirsh… · More Mohindra. While it’s great to find a technological revolution in the real estate market, it remains critical to do your own research online and offline and as with anything, trust, but verify.
Auctions volume in FY19 raised 7% over the prior year to 443
Auctions volume in FY19 raised 7% over the prior year to 443 million sq.ft, point out forecaster at Kotak. The uptick in auctions has helped stagnant… · More properties find new owners, which results in new development as improvement or a complete teardown and has been helpful in cutting back inventory. “Increased auctions has sustained a draw-down of backlog, with all-India stock dilapidated 11% YoY to ~1.23 bn sq. ft from 1.4 bn sq. ft in March 2019” says Hirsh Mohindra.
RERA has seen positive impacts by verifying purchasers
RERA has seen positive impacts by verifying purchasers, reviewing project plans with higher scrutiny, and working to facilitate easier transactions, says… · More Hirsh Mohindra. Though the real estate in India can still be a messy business, this is definitely a step in the right direction to make a broad improvement that could attract more investment and retail dollars in the near future.
There are new buildings and developments going up, large companies moving back downtown, and an increased desire to live near the city center. For all those… · More who are interested in investing in Chicago real estate - there are always opportunities when the market is hot, says Hirsh Mohindra.
When you talk about investments, of course, everyone would consider Real Estate as an option with high returns, however, how to choose the right sector?… · More Forecasting the right time to position investment funds in residential real estate is critical to the decision-making process, says Hirsh Mohindra.
Markets differ for a variety of reasons. Different neighborhoods have various factors that impact their value and demand. Learn as much as you can about… · More the local market, so you know the trends and patterns that can affect property value and rental demand.
No doubt, real estate provides many opportunities to grow your money rapidly. However, it's important to make informed decisions when investing in real… · More estate. In Hirsh Mohindra's blog, we will discuss topics on all aspects of real estate, but we also focus on how to gather key data points to make informed decisions.
Sometimes closing a real estate deal is quick and easy
Sometimes closing a real estate deal is quick and easy, however unexpected issues may arise that could delay closing as well. It’s important to understand… · More the closing requirements so potential issues can be mitigated in advance. The following list of real estate closing expectations from Hirsh Mohindra may assist in providing an overview of what to anticipate for your first closing.
Homebuyers have a right to seek a refund for a house
Homebuyers have a right to seek a refund for a house even if the postponed project is complete per new Supreme Court ruling. If there is an unreasonable… · More delay in delivering a real estate unit to a buyer, it is completely up to the purchaser if they desire to take ownership of the unit or seek repayment with appropriate compensation, the Supreme Court has ordered.
The real estate market is a significant portion of our economy. It demonstrates a major portion of many people’s wealth. This is consistent pretty much… · More throughout the global economy. According to the research of Hirsh Mohindra, many families around the world own their own primary residence.
Hirsh Mohindra: As per the research 10% of the total property area must be left aside for formulating open spaces or open space reserves. This authorization… · More obliges developers to keep aside as much space. Although, this norm is not adhered to in specific cases due to the lack of land availability and other interests.
The Maharashtra cabinet on Wednesday declared the "vertical property norms" to make a database of all flats, buildings and commercial complexes in… · More a proposal to verify any deceitful transactions. All flat proprietors in the state will quickly get additional possessions cards, which will have particulars such as mat region, amenity space and bank loan information, along with their 7/12 extorts says Hirsh Mohindra .
Real estate is one of the best options to invest money in a productive manner. But it requires knowledge, time, patience and most important cash in your… · More hand. These considerations are very important if you are considering investing in real estate.
The real estate market is considered one of the largest investment sectors in the market. This market provides safe investment opportunities and predictable… · More returns for its investors, Hirsh Mohindra. Many experts advocate that investing in real market is safer than other investment channels due to lower volatility and tangible income producing assets. As with any investment decision, it is always best when making an informed and educated decision.
Hirsh Mohindra enjoys tackling challenges and helping others succeed in achieving their goals. Some of his key focus areas are health care, real estate, and US/India cross border transactions.