jueves, 11 de septiembre de 2008

CLA launches projects in Mysore

(UNI) Capital Land Assets, a group company of the Rs 5000-crore Alliance Group, today announced the launch of its twin residential projects in Mysore. The projects have been named ‘Palm Springs and Palm County’. The two projects offer world-class amenities for luxurious living. Announcing this here, Manoj Namburu, Chairman and Managing Director of Alliance Group, said Palm Springs would have 100 tastefully-designed villas in the sizes of 2000 sq ft to 3100 sq ft costing Rs 70 lakh to Rs 1.25 crore.
Palm County would be a residential layout with plots available in the sizes ranging from 2400 sq ft to 4000 sq ft carrying a price of Rs 24 lakh to Rs 40 lakh. Alliance group had launched residential flats in Bangalore, Chennai and Hyderabad. Recently, the group had launched Real Estate TV, country’s first channel dedicated to real estate and infrastructure.

See ya!

domingo, 7 de septiembre de 2008

European markets appeal to Russian buyers

Russian property investors are continuing to purchase property in other European countries, a media report has said.
According to Russia Profile, many overseas buyers are choosing to enter the Spanish flats & houses property market, while Cyprus has also proved to be a popular choice.
The news provider attributed their popularity to several factors, such as the good infrastructure in these countries, as well as the safety and quality of the property itself.
In addition, the markets were praised for offering affordable house prices, meaning that many considered a foreign purchase better value for money than an investment in Russia.
The news portal added that these countries were popular with different groups of people, including both middle-class buyers and "super-wealthy" Russians.
According to a recent study by Yorkshire Bank, many prospective buyers want to enter the Spanish property market in order to enjoy its warm weather. (warmer than Russia)

Cheers!!!

martes, 2 de septiembre de 2008

Banks observe strike in Punjab

Bank Employees & Officer observed complete strike today in Punjab. The strike was held on the call of All India Bank Employees Association & All India Bank Officers Association. A Procession was also brought out throughout the main bazaars of the city. Employees held a rally before State Bank of Patiala, Head Office, The Mall, Patiala. The rally was addressed by Com.N.K.Gaur General Secretary, Punjab Bank Employees Federation, Com.Vinod Sharma Gen.Secretary. A.I B.O.A (Pb.State) committee, Com.Yog Raj Gupta President A.I O.B.E.F, Com. Sushil Gautam General Secretary, State Bank of Patiala Emp. Union (Pb. State).
The in support of demands of Sponsoring committee of trade unions against the decisions of the Central Govt. to rush through the agenda of Economic Reforms, specially Financial Sector Reforms the banking sector employees are opposed to the reduction of Govt. Equity in Public Sector Banks to 51% and demands that recommendation of Hooda Committee and Raghurajan Committee to reduce Govt. holding in public Sector Banks below 51% be rejected. They are opposed to the merger of public Sector Banks because they will neither become strong and nor they will be global in size. Rather the purpose for which Banks were Nationalized the very purpose will be defeated, they are opposed to unrestricted entry of FDI in banks and removal of Cap on Voting Rights which is 10% at present and the Bill for amendment was already been introduced in the parliament the speakers said the present policies of Public Sector Banks are Pro Corporate and are against interests of common man. They are opposed to the decisions of the govt. to Merge State Bank of Saurashtra in State Bank of India to be followed by merger of other Associate Banks. The meeting of United Forum is being held tomorrow in Chennai on 21st August, 2008 to chalk out further programmes including Strike actions.

Flats advisor is your website! See you!

jueves, 28 de agosto de 2008

More Britons set to invest in foreign property

Buying investment properties is likely to become more popular in the near future, according to new research.
A report by industry figures at the International Property Investment pavilion stated that more than one million Britons now own a second home in another country.
More than £20 billion was said to have been spent on such flats, largely with the intention of generating further wealth.
In the past three years, the international property market has become an increasingly attractive investment vehicle.
Within the next three years, about 35 per cent of independent financial advisers would be giving advice on foreign property investments, as the trend was set to continue.
This follows a separate study by Yorkshire Bank which found that more than four in ten Britons were considering buying an overseas property, ideally in a sunny location such as Spain.

Cheers mates!

martes, 26 de agosto de 2008

Cool buyers dash hopes of rebound

Of the 795 properties up for auction, just 60% were sold, making yesterday the worst Saturday to sell a house in Melbourne since mid-2005.
Last weekend the clearance rate was 68% and a year ago it was 84%.
Although vendors were not enjoying the same runaway prices, the market had moved to a more sustainable position.
Successive interest rate rises by both the Reserve Bank and banks acting independently, along with sharemarket volatility and the rising cost of living, have all contributed to the dip in consumer interest.
Recent REIV statistics show median values across Melbourne dropped for the first quarter of the year, which also adversely affected the market and gave flats buyers little reason to bid up property prices.
In the inner suburb of Abbotsford, Biggin & Scott passed in a two-bedroom terrace in leafy Charles Street, after failing to receive an offer from the 40-strong crowd.

Cheerio mates!!! I like you so much better when you´re naked!!!

lunes, 25 de agosto de 2008

Buyers in Spain should consider regional variations

Overseas property buyers have been advised to consider regional variations in the Spanish market.
The Telegraph stated that people should not perceive the property market in Spain as a "homogenous whole", as each region had its own unique trends and attributes.
For example, it said that while areas such as Mallorca and Costa de la Luz were faring well, places such as Galicia and Castellon were emerging markets that offered different investment prospects.
However, the publication stated that overseas flats & houses buyers did not tend to enter the Spanish market with the intention of earning large sums in a short period of time.
Spain was instead described as a "lifestyle destination", meaning that people chose to purchase property there in order to enjoy the country itself rather than the financial rewards.
The newspaper said: "Spain still offers the enduring attractions of an appealing climate, cheap flights, great quality of life and widely-spoken English."

Take it easy mates!

miércoles, 20 de agosto de 2008

More passengers flying on most popular airline routes

The number of British passengers flying on popular airline routes has gone up in the last 12 months, according to new figures.
This had a direct impact on the ticket prices for these services.
The organisation stated that the rate of price inflation in 2006 was lower than in previous years, as different carriers were competing for custom on important routes.
Traditional airlines were said to have ramped up costs by just five per cent, while low-cost carriers increased ticket prices by ten per cent.
The research could prove to be of interest to overseas property investors (flats, houses, villas...) , as the rate of price growth may indicate which routes are the most popular among travellers.
Italy and Spain are the two most popular holiday destinations in Europe among British tourists.

Take it easy mates!