CiTi PROPERTIES & BUILDERS

The Villas,Mohali Hills.

gurmeet — Fri, 15 Aug 2008 04:22:21 +0000

The Villas at Mohali Hills are not just a perfect blend of style and form but also promise to be the epitome of fine living by offering the best from Andalusian, Mediterranean and Spanish architecture. It is a once in a lifetime opportunity to experience a signature lifestyle

A Residential Plot For Sale In Hira Nagar.

gurmeet — Mon, 11 Aug 2008 10:58:43 +0000

It is Located in of the Posh Areas Of Patiala With Sound and Safe Surroundings.A Great Oppurunity To Invest In.

Priced At Rs.10000000

Area-603 sq.yd

Located in Hira Nagar.

Contact No.:+91-9855357197(Gurmeet Singh)

A Showroom Located In City Centre.

gurmeet — Mon, 11 Aug 2008 10:51:19 +0000

Located in heart of city. Best location in city centre i.e Corner Facing .Best Oppurunity to Invest in for Showroom or Commercial Purpose.

Priced At Rs.10000000

Area-1000 sq.ft

Price Negotiable

Other Features-Power Backup,Security,Reserved Parking

Commercial Property For Sale

gurmeet — Sun, 10 Aug 2008 11:41:46 +0000

The property is located near the main chowk of sirhind road patiala. Suitable for mall or commercial complex.

Priced at Rs.35000000

Area-1000 sq.yd

Contact No. +91-9855357197

Explaining real-estate terms

Gurmeet — Sat, 02 Aug 2008 08:01:03 +0000

There are many specific terms that are used to analyse and comment on the property market. Having an understanding of these terms them is important for anyone looking to enter the market as a tenant, owner-occupier or investor. Over the next few weeks, the Real Estate Institute of Victoria will cover key terms in real estate.

The median value is the middle price in a series of sales where half the sales are of lower value and half are of a higher value. For example, if 15 sales are recorded in a suburb and arranged in order from lowest to highest value, the eighth-placed is the median price.

Medians are used rather than average prices because they are unaffected by a few unusually high or low prices, making them a more accurate indicator of true market activity.

The vacancy rate. The REIV surveys member agencies to build a register of the percentage of private rental homes that are vacant. The vacancy rate is simply the number of vacant rental properties that an agency has on its books divided by the number of rental properties they have. For instance, if an agency has 100 rental homes on its books and five are vacant then the vacancy rate is 5%.

The vacancy rate is a general measure and it may be the case that the vacancy rate is higher in one suburb than another. It may also differ depending on the type of property.

Next week we will cover the clearance rate and the owners corporation.

- By Enzo Raimondo