Friday, September 21, 2007

Real Estate Fundamentals of evaluating properties

Real Estate uses a analytical and logical approach to evaluate properties with the follow seven parameters.

Location: Reach to work Place and necessities, Water Supply,Traffic Condition

Price: Land Price Per Acre and Square Yard and Square Feet

Credibility: Reputation of the Builder,Past Portfolio and Years of Experience

Product and Amenities: Bedrooms, Flooring, Ceiling, Club House, Swimming Pool, Gym, Garden
Infrastructure: Sewage, Sanitation, Water Supply, Power Supply

Security: Inside and OutSide

LifeStyle and Culture: Income Group and Mix of People

Using the above points the different Apartments, Duplex Houses and Plots in Hyderabad are compared and graded. So our research will help the purchaser to match the property in totallity
We at Real Estate believe that property is not just plain four cement walls with a roof covering, it has certain essential and non essential parameters attached to it, which might be a necessity to certain individual might be a necessity to a different individual. Some parameters like location,amenities,security, income groups all help in the decision making, which differ in the level of priority to different purchasers

These are the things for our motivation in the scientific and research approach to Real Estate Industry

Real Estate Fundamentals of evaluating properties

Real Estate uses a analytical and logical approach to evaluate properties with the follow seven parameters.


Location: Reach to work Place and necessities, Water Supply,Traffic Condition


Price: Land Price Per Acre and Square Yard and Square Feet


Credibility: Reputation of the Builder,Past Portfolio and Years of Experience


Product and Amenities: Bedrooms, Flooring, Ceiling, Club House, Swimming Pool, Gym, Garden
Infrastructure: Sewage, Sanitation, Water Supply, Power Supply


Security: Inside and OutSide


LifeStyle and Culture: Income Group and Mix of People


Using the above points the different Apartments, Duplex Houses and Plots in Hyderabad are compared and graded. So our research will help the purchaser to match the property in totallity
We at Real Estate believe that property is not just plain four cement walls with a roof covering, it has certain essential and non essential parameters attached to it, which might be a necessity to certain individual might be a necessity to a different individual. Some parameters like location,amenities,security, income groups all help in the decision making, which differ in the level of priority to different purchasers


These are the things for our motivation in the scientific and research approach to Real Estate Industry

Research

  • A big question. Why do we need research approach?
  • Did we buy the house at a good location with all amenities?
  • How is the security in the neighborhood?
  • Did we buy the house at the right price?
  • Did we a buy a plot which will appreciate?
  • Does the Aparment purchased has enough lighting and Ventilation?.

All the above questions and many more remain unanswered in the mind of the real estate investors, be it in the motherland or a foreign land thousands of miles away.

Be it Real Estate or a Relationship, we believe that some rationality and science is sorely needed in the mysterious and black world of separating the good real estate investments from the bad unintelligent real estate investments.

There is a need in the market for a reliable company offering advisory services to the property purchaser, to provide him a logical scientific research yard stick which can facilitate his decision making for the biggest investments in life.

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