Archive for the ‘Property Find’ Category

It’s a known fact India Real Estate is booming it has given birth to innumerable opportunities for investment throughout the country. All throughout the country, whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls. It is estimated that Indian real estate is presently growing at 30 % per annum and the property industry boasts of a wide range of products that includes property prices which would suit even the people of the low-income group.

With the property prices shooting up in most of the Indian metros, buyers are looking towards investing in two and three tier towns where real estate development is growing at a rapid pace. Chandigarh in North India ranks high in the list of potential cities for a vibrant Indian property market. With rapid development taking place in its outskirts areas such as Panchkula, Mohali, Dera Bassi and Zirakpur, Chandigarh is certainly one of the booming real estate cities of India.

It wouldn’t be unfair to say the NCR in the north has dominated the Indian Real Estate industry as there is tremendous demand for Delhi properties, Gurgaon properties and Noida and Greater Noida properties. The property prices of Delhi properties have seen an appreciation in their values in its upcoming areas such as Dwarka, Mayur Vihar and Patparganj. Greater Noida is following close on the heels of Noida where the property rates have increased in a short span of time due to the upcoming international airport, metro network and the upcoming Commonwealth Games.

The property prices in Mumbai are at an all time high as there has been a considerable increase of around 40 per cent in many of its locations. Increased property rates in Mumbai have made real estate developers and buyers look for more affordable options in the suburbs like Navi Mumbai. Areas beyond Vasai, Virar, Dombival, Thane and Panvel are being touted as the upcoming townships for real estate development in western part of India. India real estate in the South are rapidly developing in Chennai, which has seen a large emergence of IT companies in the recent past thereby bringing in a demand for both commercial and residential properties. Bangalore the IT hub of India already enjoys a high rate of real estate development and to meet the growing demand, even the suburbs of Bangalore are being developed by India real estate developers.

Primarily India properties are concentrated around the metros and the suburbs along with some of the two tier cities such as Chandigarh, Pune, Kochi and Jaipur. Investing in a property in any one of the emerging cities and towns are going to appreciate in value as properties across India are experiencing property price rise. Through magicbricks you can find some of the best India properties across a gamut of cities and regions.

One thing that is important to most people is where they live. Whether relocating or looking for a new place to rent in Newport Beach, make sure you use a rental company that knows your need. We have a lot to think about when we make the decision to move to a new place. The schools in the area matter. We care about the places that are there to do shopping. We all just want a safe and quiet place for our family to live.

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When you look at a rental company to place you in the right type of place you are looking for, you have to trust that they understand you family’s needs and wants. Some people do not have children and do not want to live in an area that is over populated with kids. This is a want you have to disclose to your rental agent. Some people are older looking for places to rent but they do want to be around families with children. You may want to live in a particular type of home. There are apartment homes, townhomes, condo, single family and row homes. There are many different scenarios you can think of; whatever your needs are let you agent know and they will look for properties accordingly.

Make sure you look at several properties that fit the criteria you are looking for. This will give you a broad range of places and different types of home that are around the area you want to move to. When you are shown a home and you think you like it always keep your options open so that you get the full effect of each home you are shown.

Check out this list of things to do and look out for before you purchase a property in Spain. The list is easy to understand and should be followed with your lawer. He is the one who will know where to do the digging for information. We wish you well and good luck in finding your spanish dream home.

The Escritura Publica and Nota Simple

The Escritura Publica is the registered title deed of the property. It is entered in the ‘Registro de la Propiedad’, the Property Registry, and is the only guarantee of title in Spain. It contains a description of the property, the details of the owner and any mortgages or legal claims that exist against the property. This document is important because it tells you if the seller is the owner of the property being sold. A nota simple contains further details of any mortgages or charges against the property and is also available from the Registry.

The IBI receipt

Before purchasing a resale (not new) Spanish property check out the ‘lmpuesto sobre Bienes lnmuebles’, or lBI, which is the municipal property tax. Ideally, you’ll be able to see the IBI receipts for the last five years because that is the limit of liablity for unpaid back taxes and is attached to the property, not the owner. A new property bought from a developer will not have an IBI receipt (because it has never been ‘owned’) so it will be your responsibility to register the property for this tax.Every property sale must quote the ‘Referencia Catastral’ of the property in question. The Catastro is another system of property registration in Spain, concentrating on the location, physical description and boundaries of the property. While the Property Registry focuses almost exclusively on ownership and title, the Catastro is concerned with property valuation.

These two systems do not communicate with each other, and it is common to find that the catastral description of a property differs greatly from the one in the Property Registry. It is a good idea to request the actual certificate from the Catastro with a full description of the property. The certificate is in two parts, one being a description of the property and the other being either a plan or an aerial photograph.

Community fees, statutes and minutes of the AGM

This only applies if you are buying a property in an urbanisation or where there are some ‘communal’ resources, shared amongst a number of properties. These are the fees charged by the ‘Comunidad de Propietarios’, the Community of Property Owners, a legal body that controls all the elements held in common; the lift, gardens and pool for example. Each owner is assigned a quota, or percentage of the expenses which, by law, must be paid.

Utility bills

These assure you that the bills are paid and also provide an idea of what the running costs of the property will be.

Claiming free land or property as a practice exists since the ancient times. You need to search and choose the right plot to claim. This article tells you how to claim effectively for free land.

Since time immemorial the practice of staking claim on free land or property has been in vogue. If one looks back at history, there are countless instances of such practices throughout.

From the pages of history one example that stands out in this regard can be said to be that of the new settlers who came to America. These people came claimed the free land and started building houses and creating farmlands on it.

Returning to the present, it can be safely said that there are countless vacant and unclaimed plots of land lying around unused and unregistered that can be claimed by common individuals like you and me.

The primary activity for you would be identifying a piece of free land to put your claim on. You need to be selective in this property identification process and undergo a little bit of detective work.

An unclaimed property always has some signs which one can identify. Overgrown gates and gardens, shrub lands, unused garages, broken or bordered up windows, even unused commercial premises and industrial buildings can be examples of such signs.

Unclaimed property or a piece of unwanted land might be of various forms and you need to be able to identify the same with some sure signs. Some of these signs include: overgrown gates, overgrown gardens, shrub land, broken or bordered up windows, derelicts, fields, old commercial premises, industrial buildings, unused garages and the like.

Once your identification is done, registration check is the next step for you. Contact the Land registry to know whether the plot of land is already registered, unregistered or is in the pending first application status.

If your selected piece of land is already registered, it might mean different things. For once, the owner might be dead without any relatives or may be that the relatives are there but have no interest in the said property. Infact it might also be the case that he has abandoned it for good and left the country altogether.

Now taking the second instance, that is, if the plot of land is unregistered, then this is your big chance! It essentially means it has no owner and has never been registered previously.

Thirdly, if the status is of ‘Pending first Application’, it means that someone else has already made a claim on it. So, you would be better off if you leave this plot and search for another such one instead.

You need to involve yourself in owner tracing after registration check since proof of your attempts to do the same would be required at the time of staking the claim.

Some helpful tips regarding this would be to primarily ask the immediate neighbors and then go check with the local post office, electoral roles, news agents, milkman, landlords or even the probate registry office in case he has already died.

When you are ready to stake claim on the property, a good idea would be to create an evidence of your claim start date. Though this is not mandatory, but get hold of two friends or neighbors to sign as witnesses to your document.

Moreover, creating a ‘No Trespassing’ Sign and putting it up a small fence around your property would quickly bring back any owner who might have existed.

You can make money while the long claiming period gets over. This period can even go upto 10 or 12 years and what you can do in between is either rent out the land or hold events like boot sales and the like.

The immediate neighbors of the property would undoubtedly be helpful towards your endeavor since nobody wants to live beside a derelict having overgrown gardens and garbage filled streams where there is chance of many unwanted activities taking place.