Don’t Go Flipping a House Without Checking This Out

Real Estate has always been a lucrative proposition for investments across the investor spectrum. From amateurs to professionals, it attracts everyone. Of all investment opportunities, flipping a property takes the cake. Flipping means buying a property at a low price, holding it for a short duration and selling it on a profit.

However post the housing market collapse in US and a period of stagnation in the Indian real estate market, the amateur investor confidence is low. To seasoned investor, there is always a silver lining in a stagnant market and that is in playing local. Invest in cities and localities that are growing and have a potential to grow.

Below is a little guide for different ways of flipping a property and all the factors that you need to consider before making a decision.

1- Fixer Uppers

Flipping by buying unappealing properties bought on a low budget and sold on a profit after remodeling it.

Factors to consider

  • Decide on a tentative amount that will be spent on each task involved in improving the property. Mark a suitable tolerance limit till where you are willing to stretch your investment.

  • Get your financial sources straight by loan or a part of your own money.

  • Obtaining a loan for a significant part of the investment isn’t always easy. Having a cash helps, as the bigger down payment you can afford, the lesser interest you’ll pay.

  • Now comes the task of remodeling and figuring out which parts to remodel. Contacts will come in handy and if you can take out time to supervise the work, that will prove useful.

  • Adding 20% to the overall estimate is a safe bet. Fixing kitchen and bathroom is always advisable. Getting all new hardware and appliances and lighting can be costly but it creates the best impressions.

  • If it’s not an apartment, you’ll need to fix the look of the house from outside too.

Note:

Steer clear of too good to be true deals, as they almost always are. Ancient heritage houses are like black holes for investment, they eat up too much money in overhauls.

2- New Property

Flipping by buying a good property in a developing area to be sold later for profit.

Factors to consider

  • Budgeting is straightforward, with no hidden costs. Loan EMIs, insurance, brokerage, registration and lawyer’s fee are most of all what you need to arrange from your end.

  • All you need to be wary of is the real estate market. If it’s in a boom, stagnation or going bust. Even in stagnation period if the property sits longer with you, the liabilities will increase.

Note:

Post RERA, it is  impossible to buy property in a pre-launch or a soft-launch as that is banned. So you now you’ve to rely completely on your insight and business acumen or from .

3- Foreclosed Property

Flipping by buying low-cost foreclosed property from bank at an auction and selling it for a profit.

Factors to consider

  • This is suggested for seasoned investors with ample knowledge about foreclosed property and enough money in hand to pay the whole amount in short notice.

  • The biggest benefit of buying a foreclosed property is that you can purchase it in as less as below 30% of the market price.

  • For anyone buying a foreclosed property, complete investigation about the property any pending encumbrances (like unpaid dues by the previous owner apart from the loan). Foreclosed properties are sold on “as is where is and whatever there is” basis. You inherit all the pending dues of the house, so buying from bank doesn’t guarantees the transference of the title.

  • Only after you complete all formalities and outstanding dues on the property, which are not included in the bidding amount, you can apply for a title transfer.So you might need to hire a property lawyer for an investigation of your own.

Note:

So as you can see- With low prices, comes great responsibility.

Now that you know the three ways to flip a property you can start thinking about your best bet. Don’t forget to investigate the area and it’s future potential before buying a property there.

Take your cue from successful developers like Shivalik Builders in Ahmedabad, who invest in properties after thorough market research. You can start with buying a new home in Shivalik Residences and be sure to sell it at a profit after a few months. Infact, check out properties around their ongoing commercial projects like Shivalik Shilp because you can be sure that such luxurious commercial hubs will increase the valuation of properties nearby and make for a profitable future transactions.

PERKS OF LIFTED BY LOCATION

Your home’s address will help you determine not only the future value for your investment, but also many aspects of your everyday life. Location creates desirability and desirability creates demand which leads to increase in real estate prices. Not only the demand, but your location also indirectly affects your status symbol in the society.  Along with considering the present state of the location, you should also consider the future of the same.

When it comes to Residential projects, neighborhood plays an important part for selecting the location. Any parent would like to see their children grow up in a neighborhood where they live active lives and learn to socialize with kids their age.

There are some factors which you should consider carefully while selecting a location for your adobe:

  • Proximity to point of interest:

One of the biggest factors that affect the decision of buyers in terms of location is the property’s proximity to the things that matter most to them. SHIVALIK PARADISE is located in the most contemporary area, where the basic amenities will be around the corner.

  • Family-friendly amenities and features:

Ideally, you should pick communities that are populated by families and those that have multiple options in terms of indoor and outdoor recreation, such as daycare centers, gyms, playgrounds and parks. SHIVALIK PARADISE is located in Manekbaug, which is within easy reach of the city’s most popular entertainment, leisure and shopping destinations. It also has exclusive children’s play areas and party lawn with exquisite landscaped garden and pleasant sit outs.

  • Commute time and public transport options:

The length of time it takes to get to work can be a determining factor in the decision to move to a new locale.  Also, public transportation options can be inexpensive, time-saving way for you and your family to get around. SHIVALIK PARADISE takes care of both the points as it is positioned in the city as well as it has BRTS facility near-by.

Be surrounded by the very best by choosing your home with SHIVALIK PARADISE!

Pros of buying offices in developed location

Location, location, location – it’s everything in business. You want to be convenient to customers to the extent that you have a business where the customer comes to you! Your business’ location is the key to successful operations and overall growth. Being in the right location is a key ingredient in a business’ success. If a company selects the wrong location, it may have adequate access to customers, workers, transportation, materials, and so on.

While choosing a location for a business, there are a few factors which are to be kept in mind before selecting one:

  • Size of the property:

A company must determine the size of the commercial hub. Shivalik Satyamev has 524 sq. ft. offices and 770 sq. ft. showrooms. It also has 2 alluring atriums and multi-level parking.

  • Variety:

A busy location offers a wide variety of potential customers. Cross-Sections of different marketing demographics pass by offering a wider variety of products that can improve your profit margin. For example, if you have a clothing store that is frequented by parents with young children, then setting up a small candy counter could prove to be profitable. Shivalik Satyamev is strategically located in the Bopal Junction,which is connected along the Sardar-Patel (SP) Ring Road and is close to Prahlad Nagar and Bodakdev which are among the prominent areas in Ahmedabad. Further, it is also connected with NH-8.

  • Facilities:

Another consideration while selecting the location are the modern facilities that are available. The facilities attract the customers as well as the employees working in the organization. Shivalik Satyamev is the ultra-modern commercial hub with all the top-most amenities. It consists of automated elevators, multi-level parking and alluring 2 atriums and well-paved margin area.

Consider location as an important aspect for business growth and success!

How to play with the Living Room?

The Living Room is all about the first impression when you enter a place! The furniture in a home is like potatoes in a meal. The living room is the main sitting area in your home, so it’s important to choose comfortable and practical furniture.

When updating your living room, one should see the architectural details – contemporary, transitional, modern or traditional. You can convey your style with details like beams, niches, and mouldings. Here are some ideas to consider:

  • Set the mood with the colour:

The colours you choose for your living room will affect how guests feel in the space. Colours can energize or relax the space, depending on how intense they are and how warm or cool they are.

  • Finish the walls and ceilings:

Traditionally, living room walls receive more elaborate or formal treatment than other rooms because the room is a public space. To make it a welcoming room that expresses your personality, choose wall coverings or treatments that reflect your style.

  • Choose stylish, comfortable flooring:

In keeping with the function of the living room as a public space, choose a floor covering that provides comfort underfoot and makes a design statement as well. This vibrant wall-to-wall carpet lays the foundation for a refined mix of floral and stripes.

To design a sophisticated living room, one should have enough space and other facilities. The Shivalik Group takes care of all your needs! As you can see, in the living room of Shivalik Residences that has Italian marble flooring which makes it stylish as well as comfortable for you! It also has Double Glass Anodized Aluminium Windows which are trendy yet convenient.

Have a happy living room with us: https://goo.gl/LNFf5t

SHIVALIK PARK VIEW: LOADED WITH AMENITIES

Shivalik Park View is all about play, relax and stay healthy! It’s the little things that matter – especially when you are buying a house. They have gone above and beyond to offer wonderful recreational attractions, much more than average, in an incredible way. This scheme offers 45+ amenities which will satisfy your active life.

The amenities are offered, keeping in mind about all the stages of life; from toddlers to aged people. Let’s go through some of the best amenities provided by this scheme:

  • Pool deck with trellis and creepers: Long weekend? Chill at the pool deck with your friends and release your stress!

  • Music/dance teaching room: Want to start your music/dance classes? A perfect place at your residence to start from!

  • Lawn for yoga and morning exercises: Everybody should make exercise their habit. A picture-perfect lawn for yoga and exercises!

  • Toddler’s area and garden: How can we forget cute little munchkins? Strategically designed garden for toddlers.

  • Mini theatre: Don’t worry, we care about the entertainment in your life too! See your favourite movie with your favourite people.

  • Disable friendly ramp: We are there for everyone.

Amenities not only, escalate stress levels involved in professional life, but also increase the value of your place. Don’t miss this soothing opportunity and book for an active lifestyle today: http://shivalikprojects.com/parkview