Overview of Real Estate Industry

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• Real Estate Industry in the Philippines Essay

  ...The Industry a.) Brief background and history ( size, importance, market and growth trends) Real estate companies deals with the development retail, industrial, residential, medical and business office facilities and buildings. These can be residential apartments, shopping centers, factories, retirement homes, offices and etc. XRC resources holds companies under it that develop community malls falling under the retail category. According to the Department of the National Statistics office there were 28,347 buildings/ houses constructed in the 1st quarter of 2011 costing about P52,771,886 thousand, 27,525 in the 2nd quarter costing P55,669,177 thousand, 25,255 in the 3rd quarter costing about P41, 628,460 thousand and with the fourth quarter of that year yet to be released. 6,194 of which were commercial buildings costing P41,208,750 thousand . Comparing the value of the buildings/houses to the previous year, quarter per quarter there was a 11.6% growth for the 1st quarter, 13.4% for the 2nd quarter and a -10% growth for the third. Resulting in an overall increase in money spent for construction. During the same year real estate, renting and business activities generated a estimated total amount of P514, 808 million (not including the 4th quarter) pesos contributing 7.35% to the Philippines GDP being one of the top industries that generates the most money, third only to “Trade and...

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• Pest Real Estate Industry Research Paper

  ...Political Not only does South African politics influence the real estate market but neighbouring countries' political situation can easily spill over into SA. In recent history stats have shown that the number of sellers selling due to emigration has doubled and this is mostly due to political instability. Zimbabwe has for long had political problems and this directly influences any potential investments both locally and internationally, says Craig Hutchison chief executive officer of Engel & Völkers Southern Africa. Hutchison says South Africa has never lagged behind any country when it comes to political turmoil. This political situation has influenced everyone and almost everything in the country, so how has it and will it influence the real estate market. In recent history stats have shown that the number of sellers selling due to emigration has doubled and this is mostly due to political instability. Factors that are also indirectly influenced by politics are things like rising inflation due to global food and oil prices which diminishes monthly disposable income. This all leads to a rising household debt-to-disposable-income ratio, he says. Even though we have seen some ups and downs in the real estate market during the years since the first democratic elections, the future still looks bright. ECONOMIC Not all is bad in the economic sector and many opportunities have opened up....

  903  Words | 3  Pages

• Essay on Real Estate Industry in India

  ...Industry In India the real estate sector comes second in terms of employment generation, the first being agriculture industry and it contributes almost 5% of the country’s GDP. Majority of the real estate developed in India (almost 80%) is residential space with the rest being offices, malls, hotels and hospitals. India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute. Foreign direct investment (FDI) into India in the real estate sector for the fiscal year 2008-09 has been US$ 12.62 billion approximately. Firm Unitech Ltd is one of the largest listed real estate companies in India. Unitech Limited is a leading Real Estate and Infrastructure developer with projects in India and abroad. Along with Real estate and infrastructure development, United Ltd is also in varied other fields like in commercial spaces, hotels, amusement parks, construction of thermal power plants, transmission lines, highways, flyovers, industrial facilities, steel plants, and overseas turnkey projects. It has projects in all four regions (NCR, Mumbai, Chennai and Kolkata) Strategy - Their focus has shifted from ‘Land Banking’ to ‘Banking on Land’ - Over 7500 acres...

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• Essay about Real Estate Industry in India

  ...to the real estate sector, which has been witnessing heightened activity in the recent years. Substantial end user and investor interest, large scale investment in infrastructure and rapid urbanisation has contributed to the growth trajectory of Indian real estate. The real estate growth story is clearly visible in urban centres such as Delhi, Mumbai, Bengaluru which has acquired global character and recognition. The real estate sector in the country is one of great importance. According to the report of the Technical Group on Estimation of Housing Shortage, an estimated shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12) provides a big investment opportunity. India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute, released in December 2009. The report, which provides an outlook on Asia-Pacific real estate investment and development trends, points out that India, in particular Mumbai and Delhi, are good real estate investment destinations. Residential properties are viewed as more promising than other sectors. While, Mumbai, Delhi and Bengaluru top the pack in the hotel 'buy' prospects as well. The...

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• Real Estate Essay

  ... Entreprenurial Investmet in Real Estate? You bet! Real Estate 101: Building Wealth with Real Estate Investments; by Gary W. Eldred. Copyright in 2006 by Trump University. . Dr. Eldred, a professor who has faculty positions in top universities, including Stanford, is the bestselling author of several real estate investing books that preach the importance of becoming a knowledgeable investor. Eldred’s latest book, Real Estate 101, is a “How To” on real estate investing for beginners that expands on his theory of being knowledgeable that includes thinking like an entrepreneur. By thinking like an entrepreneur, the author means becoming a savvy investor by doing the research (due diligence), market forecasting, profit analysis and marketing. The most important thing for Eldred, however, is for the investor to see his real estate not as property but as a product to be marketed and sold. Thinking like an entrepreneur starts with DUST, a system design by Eldred that stands for: Demand, utility, supply and transfer process. By learning this system you’ll be able to sharpen your entrepreneurial thinking and then turn your property into an MVP (most valued property). In this way, Eldred views rental properties as products that investors create, market and sell to renters...

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• Essay about Real Estate

  ...Selection and description of site APPLICATION FOR REMOVAL OF RESTRICTIONS, SUBDIVISION AND REZONING IN TERMS OF LUPO 15 OF 1985 FOR A PRPOSED SECTIONAL TITLE UNIT DEVELOPMENT ON THE SUBJECT PROPOERTY: ERF 19787, AVONWOOD, GOODWOOD Owner and acquisition strategy for the site The subject property is currently vacant and in the ownership of the City of Cape Town. There is a demand for housing within the area, with a 40% to be used as sectional title units and the 60% to be used for single residential. This site was acquired trough expropriation in terms of the Expropriation Act in order to provide the housing that is in demand. Institutional attributes and possible land uses In terms of the Western spatial Development Framework, the subject property is located on the corner of Balvenie Avenue and 35th Street, within the Avonwood suburb and is earmarked for High Density Development. The subject property falls within the Elsies River Zoning Scheme and is zoned Public Open Space. Access to the site can only be obtained from Balvenie Avenue or Alternatively Cl Adams Street due to the fact that 35th Street is classified as an expressway. Parameters regarding to the site can be viewed in Elsies River Zoning Scheme which can be found on the City of Cape Town’s website. Physical nature and land improvements There are no conditions which prohibits the development of the site. Bulk services are available around the site which makes it easy to tap into. Eskom calculated...

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• Law and real estate Essay

  ...Executive Summary Pacific Grove Spice started as a small specialty grocer on the Monterey Peninsula of California in the early 1980s. Within 10 years they were the “place” to find spices in Central California and now have a widespread reach covering all 50 states. The spice industry that it is in has been growing steadily because of how important a role spices are getting in the kitchens and in cooking. The growing concern about obesity and diet has also left a positive impact because of the health conscious people that desire healthier meals that are still favorable. The demand for spices is at an all-time high and although multinational firms like McCormick & Company dominate the industry, many small firms are competing successfully, Pacific Grove spice being one of them. The problem that Debra Peterson and Fletcher Hodges are having is that they have three choices to make. They have to decide whether they should accept an offer from a cable-cooking network to produce and sponsor a new program, raise new equity by selling shares of common stock, and/or acquire High Country Seasonings-a privately owned spice company. While making their decision they have to keep in mind that the bank financing their company wants them to reduce interest-bearing debt to less than 55% of total assets and the equity multiplier to less than 2.7 times by June 2012. We recommend that Introduction Debra Peterson is currently the Chief...

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• Real Estate Principle Essay

  ...Mu He 909171203 Homework Questions 1) No. The prepayment penalty does not qualify as a finance charge under the definition given because it involves a third party. In this case, finance charges are charges payable directly or indirectly by Halbert and directly imposed by Fremont. The prepayment penalty of $4, 528.80 relates to a loan issued by New Century to Halbert. Although the Fremont Loan paid off the prepayment penalty due to New Century, it does not meet the definition of a finance charge. It is part of the refinancing payments made from the Fremont Loan to satisfy the New Century Loan. The prepayment penalty is a penalty for early pay-off of the New Century Loan, and not a fee representing the cost of borrowing from Fremont. From the case, some finance charges of the Fremont Loan include $300 paid to Jones for notarizing Halbert’s signature, and broker fees to CREIL. However, the prepayment penalty on the New Century Loan is not a finance charge on the Fremont loan. 2) I would advise her not to refinance the New Century loan with the Fremont Loan because: i. The brokers, CREIL, were misrepresenting Ms. Halbert’s actual financial position by stating that she earns $4800 in a month, while in reality she relied on social security benefits of $1337. In addition, CREIL overvalued Ms. Halbert’s property by $25,000. Although these misrepresentations would help her qualify for the Fremont Loan, she would face difficulties in repayment. ii. The cost of refinancing...

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