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

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