Category Archives: Real Estate News

Toronto Condos Market

How to Invest in Toronto Condos Market

Toronto currently has a very dynamic real estate market with opportunities for investment throughout the city, compared to other international cities Toronto’s average per square foot cost of condos is considerably less at $750/psf.

Compared to New York at $1,600/psf, and $1,000/psf in Vancouver, Toronto has plenty of room for healthy growth.

When deciding to invest in the Toronto real estate market one must decide on their investment goals.

Example goals would include: (1) Receive a stable cash flow and slowly pay down a mortgage (2) Focus on equity growth and avoid having a mortgage.

If you were interested in achieving a stable cash flow you might consider investing in a residential resale condominium, working with a professional real estate agent you could get a solid understanding of what expenses are associated with your investment.

Some potential expenses include: maintenance fees, property taxes, mortgage/debt payments, and landlord insurance.

Your potential profit stream would come from rental income usually paid out in post dated cheques.

According to fleurcondos60shuter one of those investment opportunities is fleur condos, located in down town Toronto, Canada.

To evaluate your investment and compare it to others in the marketplace, your real estate advisor can determine what the capitalization rate is.

The cap rate is determined by taking the yearly profit and subtracting expenses (but not subtracting debt servicing) then dividing by the list price of your investment and multiplying by 100.

This calculation will give you a percentage which represents the yearly return on your investment; once you have performed this calculation for several investments you are considering it will be easy to compare them side by side.

If you were interested in focusing mostly on equity growth you would want to consider a new construction purchase in either the condominium market or the housing market.

In either situation new construction purchases require you to make deposits in a stagnated fashion, usually around 20% broken up into 5 or more payments, after you sign the purchase contract and start making your deposit payments you are not required to pay any other fees, including mortgage, insurance, and maintenance until the property is constructed which could take anywhere from 2 to 5 years.

New construction investments allow you to own property without the burden of any monthly expenses.

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pune

How to Understand the Real Essence of Pune in 2 Weeks

Pune is one of the most amazing cities to stay in India, especially for bachelors and bachelorettes. The city offers numerous jobs, beautiful weather, yummilicious food and warm localities.

It could be a pain to get shared accommodation for bachelors in Pune. But, it’ll be sorted if you’re a college student or found a new job in this lovely city. Lots of locals offer their houses or shared rooms or bachelors to make some extra bucks out of their property.

Now that you’ll be in Pune, let’s take a look at many experiences that will let you understand the real essence of Pune in just two weeks.

  1. Take a historic and cultural tour

With rich history dating back to 2000 years, Pune is a treasure trove of rich cultural practices and timeless historic monuments. Pune has witnessed four different eras till day namely, the Hindu, Muslim, Maratha and the British eras. The amalgamation of culture and architecture from such history builds the charm of Pune.

Visit the iconic places like the Pataleshwar Rock Temple, Dargah of Shaikh Salla, Lal Mahal, and Kasba Ganapati to soak in the cultural vibes of Pune.

  1. Visit ABC Cheese Farm

The first and only cheese farm in Pune, ABC offers almost 70 varieties of cheese. Started in 1976 by three families, ABC cheese farm is now run by the Chinoy family. The family also runs several multi-cuisine restaurants in the city.

Visit the ABC cheese farms to dive into Pune’s cheese offerings. Taste each variety of cheese and but the best ones you like. This is the European side of Pune that most people fail to recognise.

  1. Enjoy the Puneri cuisine

Puneri cuisine is famous all over the world for its spicy curries, subtle flavours and distinct masala tastes. Puneri Missal, Kaanda Pohe, Thalipeeth, Bhakarwadi, Jhunka Bhaakar and country chicken curry are the must-try dishes to taste the Puneri flavour.

Hit Bedekar Missal any time of the week to taste the authentic Missal of Pune. Located in Narayan Peth, this eatery is serving the Missal to since 1948. What started as a humble tea stall now remains one of the most popular eateries of Pune.

After you’re done tasting the world-famous missal, visit Amriteshwar near the Nal stop signal to try the authentic Kaanda Pohe, Sabudana Khichadi and chai at 4 am. Surrounded by students satisfying their hunger pangs after a long night study session and party goers attending to their food cravings in the middle of the night, Amriteshwar invariably becomes the must-visit eatery in Pune.

Visit Chitale for authentic Puneri preparations like Bhakarwadi, shrikhand and other snack items and you will not be disappointed.

  1. Go on a trek near Pune

The absolutely beautiful weather of Pune arrives from the strategic location of the city. Nestled amidst the Sahyadri mountain range, Pune offers beautiful options to hike safely amidst the gorgeous valleys and beatific green hills.

You will witness unique landscapes when you trek to the ancient forts built by the Marathas on mountain peaks and get to eat the rural Puneri cuisine like Jhunka Bhaakar with achaar and buttermilk on your hike to these places. Ensure that you rent an apartment to stay in Pune before heading out. You wouldn’t have the energy to hunt for accommodation after the long walks and memorable experiences in Sahyadris.

  1. Paraglide in Kamshet

One of the best parts of living in and around Pune is the easy access to Kamshet. This hill station is one of the top 3 places in India to paraglide. Thousands of tourists flock this place to tie parachutes and fly off the windy cliffs of Kamshet. Multiple flying schools are located in Kamshet that teach advanced level paragliding. If you don’t wish to learn or be a pilot, you could hook yourself with any of the schools for a casual flight that costs approximately Rs.3000.

Your stint of stay in Pune will be a charming one if you open the gates to allow multiple experiences approach you. All you need is a furnished house in Pune and you’re sorted to go out and explore.

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smart homes

Smart Homes and Why they are gaining popularity

The advancement of the technology has implications on several things in our life. As the pace of information technology is faster than many other things it had drastically changed our lives. The desk-sized computers to palm-sized smart phones, cycles to super bikes – engineering and technology had evolved the lives of human beings to make it faster and smarter. A home according to a regular person is a place to live or spend time with family. His concept of home is a place to live in peace and some basic amenities attached to his life.

Today in the 21st century the concept of home is slowly changing. Rather than a place to live or rest it is fast becoming a place of innovation. It is turning to a place which makes our life simpler, faster and smarter. Smart homes are gaining popularity in the recent times. The smart homes were earlier considered an entitlement for the rich only in the earlier times; however the scenario has changed. Smart home is an experience were you integrate various elements and appliances of your home. Think of the current manually controlled household needs that are installed like T.V, refrigerator, A.C, etc., – all of these can be integrated to your smart phone and you can control it from wherever you are. That is a space where the popularity of the smart homes exists.

In the earlier times the smart homes were only focused on security aspects. The surveillance systems are an example of that but as the year passed by the concept of smartness has changed. The smartness has reached in everything that we use in our daily lives. Smart homes are focusing on lighting. The whole lighting system of your house can be linked into a single remote or a mobile application and it can be set or changed based on your mood. Smart refrigerators save electricity by adjusting itself with the temperatures. Smart A/C turns off and on according to the room temperature.

Entertainment system is another area in which the smart home comes into being. A smart home is incomplete with a multizone audio-video system. All the entertainment devices in the home can be integrated to a single control and operated accordingly. Home theatre and other systems can be interlinked to make it work together. The entertainment systems can be linked with the lighting systems, curtains in the house, etc. All these will create an ambience of positive vibrancy in the house.

Security is an area were the smart home features are used from the earlier periods itself. While taking vacations or other purposes when you leave the house alone for a longer period the matter of security arises. The smart homes turns smarter with its camera surveillance at every inch and corner of your house that can be accessed from any part of the world. Thus the question of security can be completely eliminated. The access to these kind of features is also to be taken care of. Most of the features will be integrated to a remote or can be accessed through a mobile app.

In today’s world smart home has been a part and parcel of our lifestyle. Independent  Luxury villas in Bangalore has done the necessary province to turn an ordinary space into a smart area. It is not just for convenience or security but also saves a whole lot of energy. Drastic amount of energy can be saved. The automation consume less energy for operating the optimum amount of work. Smart homes can bring miracles to lives of people.

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santa monica real estate

Santa Monica Real Estate Guide

Santa Monica, located at the edge of the Pacific Ocean, just west of Beverly Hills, between Pacific Palisades & Malibu to the north and LAX & Venice Beach to the South, at the west end of Interstate 10.

Santa Monica Community

Santa Monica, one of the most famous and popular beach cities in the America has become a favorite community of young and upcoming professionals due to its prime location on Los Angeles’ far west side.

Santa Monica Lifestyle

Santa Monica is an engaging town offering a lively atmosphere and lifestyle. In Santa Monica, homeowners enjoy a renovated downtown, trendy restaurants, unique shops on Main Street, beautiful parks overlooking the Pacific Ocean, festivals, eclectic boutiques, coffee shops, craft shops on Montana Avenue and streets lined with palm trees. Homeowners in Santa Monica are accustomed to the consummate living experience that defines Los Angeles.

The Third Street Promenade is an open air mall with well known stores, and a variety of street performers where resident and visitors from all over the Los Angeles area are gathered on weekends and most evenings.

Santa Monica Housing

Santa Monica offers home buyers a mixture of traditional and modern homes, on clean, well maintained streets lined with trees of every variety, and much more. Some apartments in Santa Monica have been converted of to condominiums. A large number of homes and buildings built on the bluffs come with Pacific Ocean views others provide views of Century City, the Santa Monica Mountains. Land prices are high and would discourage construction of new single-family housing.

Santa Monica Transportation

Interstate 10 is the only freeway actually in Santa Monica, however, nearby Interstate 405, offers homeowners access to north & south bound traffic.

Public transportation is also available to homeowners via the Big Blue Bus system which runs all throughout Santa Monica on frequent schedules with routes into downtown Los Angeles and other areas.

The Santa Monica Airport serves the area’s corporate and recreational aviation needs.

Santa Monica Culture

Santa Monica offers it’s homeowners a variety of music halls, museums, art galleries, and other cultural venues such as The Santa Monica Airport’s world class museum.

Santa Monica Recreation

Recreational opportunities abound in Santa Monica, such as surfing, boating, swimming, volleyball on it’s three miles of world class beaches and Pacific Ocean coastline and just about anything else you can think of doing.

You’ll always find homeowners and visitors out in the sun having fun on The Santa Monica Pier which also allows fishing. Adjacent to the pier is the twenty-six mile running and cycling path that runs along the beach from Malibu to the south through Redondo Beach, where homeowners are often seen walking, jogging, running, cycling, roller skating and roller blading.

The Santa Monica Airport offers restaurants, public observation decks, art studios and picnic areas against a background of aircraft activity that includes vintage aircraft.

Santa Monica Education

Served by the Santa Monica-Malibu Unified School District, Santa Monica’s children attend schools whose rankings are in the 60th to 90th percentiles.

Adult students find educational opportunities at one of the best Community Colleges in California, Santa Monica Community College, which ranks high in transfers to four year colleges and universities. Also close to Santa Monica are UCLA and USC. Santa Monica also offers a large regional library.

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Property Investment

The Benefits of Using a Property Investment Specialist

When you are in the market for a brand-new property, particularly if it is far away from your home country in another nation, it is recommended to do your research. If you are thinking about investing in property overseas, you require to be sure that you are making the finest investment you can.

Here are the primary advantages of using a property investment specialist:

If you are thinking about buying then you might not be familiar with the area where the property is situated. The property investment specialist will understand a lot about the area you are thinking about and can encourage you appropriately and guide you through the process.

They will encourage you on the security of the location. Normally, they would have examined the location ahead of time and are aware of the security elements of the location. A great property investment specialist will show which locations deserve thinking about as an investment.

If it is a home or investment property that you are looking at acquiring, then you require to discover the specific address where it is situated, so ask the property investment specialist to reveal it to you on a map. For apparent factors, you require to understand where the property is.

They can encourage you on the state of the property. The property investment specialist will perform a complete evaluation of the building.

Searching for a property investment can be interesting but challenging. Guarantee that you discover a great property investment specialist that has actually been to the area and can offer you precise details that will be beneficial to you. If you know all the pitfalls, you can not fail with property as an investment choice.

Quality Investment Group facilitate property investments for investors living in Europe and Dubai. For more details visit: http://www.qualityig.com/

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