RE/MAX Metro July, 2014 Newsletter

Health Section :

oGood service is our motto

July, 2014Call us at - 079 40322757

3 BHK comfortable flat with 2 attached bathrooms located in Satel-lite Ahmedabad.

Well connected to S. G Raod. 2 min-utes walking distance from BRTS station. Schools, Star City Mall

Well-connected to Markets, Multiplex-es, Hospitals and Railway Station.

All major electricity and water supply connections are already installed.

Very well maintained Bungalow Soci-ety

Rajesh MehtaBusiness AssociateRE/MAX MetroM : 99 7892 7894E : [email protected]

MGM NEWSLETTER JULY 2014


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RE/MAX MUMBAI –GUJARAT – MAHARASHTRAA


It was a month of celebrations at RE/MAX MGM. Three of our Franchises celebrated their anniversaries. RE/MAX MGM congratulates all of them.

oNEWSLETTER

Hello,

It’s really getting hot and we all are praying that it rains soon, this will not only help the weather to cool down but also keep the fruits and vegetables prices on check which will also keep inflation in check and it won’t affect the life of poor people.

We at RE/MAX Metro had a good month with deals of rental and sale done by our business associate in reputed schemes in Ahmedabad, we also visited few new upcoming projects. You would find the details of one of the new projects in our section Upcoming Project. We also attended few online training sessions from RE/MAX Gujarat explaining us on how to serve the Buyer and Seller for that we would like to thank RE/MAX Gujarat for always polishing our skills by these continuous online training sessions.

Elections are over; Prime minister has been elected by us now we have to wait for him to make a move which will help improve our economy in long term. We need to give time to understand his decisions as it takes some time for anyone to make changes after taking the job which has been done by someone else for long period.

Real Estate market is slowly moving in a positive direction; we have a good demand of builders who are looking for land in and around Ahmedabad to start their new projects. The demand for retail buyers or sellers is slow but improving, if one has a good property which is well maintained and located in good area or society then deals are happening. We have some good prop-erties on RENT in buildings like 426, 612 and offices on rent in Matrix, Safal Prelude and more. If you are looking to Buy, Sell or Rent your exclusive properties then please call me on 09825577073 or mail me the details on [email protected]. We would surely like to meet and understand you. This will help us know more about your property or requirement which will help us get you the right deal.

Hope you enjoy reading this edition of Newletter and you find valuable information. If you have any suggestions then please mail me on [email protected].

o

BROKER OWNER SPEAKHello Everyone,

We are happy to announce that we have completed 4 years in the office and for that we would really like to say a Big Thank You to all our esteemed clients, builder partners, friends and family who always helped us in thick and thin.

This time rains have arrived late but has really covered up well all around the country which will be a great help to farmers and will also improve the economy in coming time.

July was a good month for us as we have added a new Business Asso-ciate to the team and have done deals in residential and commercial properties. With our aim for providing continuous support to our clients we keep on training ourselves by attending online webinars of RE/MAX MGM and RE/MAX International. This webinars are really helpful to us as we learn how we can improve our services and get results for our clients.

Real estate market is improving and we see a good movement in retail as well as rental inquiries more in commercial than residential. We are also working with builders from Mumbai and Pune as we see good return on investment outside Ahmedabad because the job creation in this cities are lots more than that in Ahmedabad and so one can get higher rental or resale value on their properties. If you are looking to invest in one of the cities mentioned above then please call me or mail me on [email protected].

Have a great month of August and spend good time with family as long weekend from 15th which will give us all a nice break and will help us start fresh for remaining period of the year.Vivek Parikh

July, 2014Call us at - 079 40322757

2010 201404

HIGHLIGHTSBroker Owner Speak

New BA Joined

Deal Of The Month

Property Of The Month

Health Section

Realty Bites

10 Best Tax-saving Invest-

ments

Current Affairs

Properties

Nobody in the world sells more real estate than RE/MAX

Health Section :


July, 2014Call us at - 079 40322757









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It was a month of celebrations at RE/MAX MGM. Three of our Franchises celebrated their anniversaries. RE/MAX MGM congratulates all of them.

NEW BA JOINED :

Business Associate RE/MAX Metro

Mr. Nishit Ambalia M : +91 9825216277

We Welcome You In Our Team RE/MAX Metrowe are specialized in buying, selling and renting the

commercial as well as residential properties

Lookwho has

JOINED

Ratnakar - IV3BHK, Unfurnished Apartment, Near Manekbaug, Ahmedabad. Gujarat.

Deal Of The Month :


July, 2014Call us at - 079 40322757







just sold

DESCRIPTION :

Prarthana Vihar4BHK Bungalow, for SALE, Near Manekbaug, Ahmedabad. Gujarat.

Property Of The Month :


July, 2014Call us at - 079 40322757

Total Area : 463 Sq.yd. Plot & 313 Sq.yd. onstruction

Maintenance fees : Rs. 2000 per month

The property is well-connected to Schools, Markets, Malls, Multiplex-es, Hospitals and Railway Station.

Very well maintained Bungalow Society

For more details please contact :RE/MAX MetroPh : 079 40322757E : [email protected]

Leone by providing critical community education and sensitization. In addition, the organization is deploying additional emergency response teams to Sierra Leone as well as to Liberia.

“This epidemic should not be seen solely as a West African issue but a global issue. Ebola is an international crisis that requires swift, international response,” said Rabih Torbay, Senior Vice President of International Operations for International Medical Corps. “There is a severe lack of resources for the Ebola humanitarian response, both for treatment and prevention.”

Ebola Virus Disease

EVD is a severe acute viral illness often characterized by the sudden onset of fever, intense weakness, muscle pain, headache and sore throat. This is followed by vomiting, diarrhea, rash, impaired kidney and liver func-tion, and in some cases, both internal and external bleeding. EVD spreads through direct contact with the blood, secretions, organs or other bodily fluids of infected people. No vaccine for EVD is available and severe-ly ill patients require intensive supportive care. During this outbreak, EVD has killed approximately 55% of those infected. (WHO 2014)

Since its inception 30 years ago, International Medical Corps' mission has been consistent: relieve the suffer-ing of those impacted by war, natural disaster and disease, by delivering vital health care services that focus on training. This approach of helping people help themselves is critical to returning devastated populations to self-reliance.

Health Section :


July, 2014Call us at - 079 40322757


International Medical Corps Responding Following Ebola Outbreak in West Africa

Aug 5, 2014 - Los Angeles, Calif. -An unprec-edented outbreak of Ebola Virus Disease (EVD) in West Africa has spread to four coun-tries with cases confirmed in Guinea, Nigeria, Liberia and Sierra Leone - International Medi-cal Corps has been delivering humanitarian support in the region since 1999. The World Health Organization (WHO) announced more than 1,600 confirmed cases of EVD and 887 deaths, as of August 1. International Medical Corps is responding to the outbreak in Sierra

Finance minister Arun Jaitley is likely to have opened up a market worth at least Rs 70,000 crore by announcing tax breaks for real estate investment trusts (REIT) in the budget.

These instruments have a huge potential considering the fact that they can invest in at least 50 per cent of the office space available in the top six cities.Jaitley had announced a tax pass-through status for REITs in the budget. It means income by way of interest received by the trusts will not be taxed in the hands of the trust.

These realty trusts are similar to mutual funds in that they raise money from investors and put them into real estate assets that may comprise rent yield from commercial properties such as office buildings and malls or housing com-plexes.These assets are held in an entity (special purpose vehicle), which is under the control of the trust.Investors in these trusts earn from both dividend (from the rent collected) and wealth accumulation (capital apprecia-tion of the underlying property). The rent collected is subsequently paid to the investors as dividend. The new instrument is expected to benefit the domestic real estate sector by providing a major source of funding. Industry experts such as Niranjan Hiranandani, managing director of Hiranandani Group, maintain that realty trusts are set to be a huge success and are likely to net $10 billion in this fiscal itself.

It is expected that pension funds, foreign institutional investors and other long-term investors will show huge interest in these instruments.

According to a note from Edelweiss Securities, India has Grade “A” office market of 375 million square feet in the top six cities. Of this, 80-100 million square feet could be up for REIT listing once it gets introduced. The brokerage said assuming an average rental of Rs 60-65 per square feet, 80-100 million square feet provides a rental potential of over Rs 6,000 crore.“Assuming cap rates of 8-10 per cent, REIT has a potential market size of Rs 70,000-90,000 crore,’’ it added.The cap rate, or capitalisation rate, is one of the parameter that helps to assess a real estate investment. It is the potential rate of return on the property. Therefore, a higher cap rate is beneficial for the investor.

Some of the entities owning rental assets include DLF, Unitech, Phoenix Mills, Indiabulls Real Estate, Prestige Estates and Oberoi Realty. They are expected to benefit from the introduction of REIT in the domestic market.

Realty Bites : Realty Trusts Build Base On Prop


July, 2014Call us at - 079 40322757

Multiple options. Contradictory advice. And a deadline that's approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they have to make tax-saving investments.

Are you also confused? Before you make a choice, go through our cover story to know which is the best option for you. We have ranked 10 of the most common invest-ments under Section 80C on five basic parameters: returns, safety, flexibility, liquidity and taxability. Every investment has its pros and cons.

10 best tax-saving investments


July, 2014Call us at - 079 40322757

The PPF may not have a very high return, but its tax-free status, flexibility of investment and liquidity by way of loans and withdrawals, gives it the crown in our beauty pageant. Equity-linked saving schemes come in second because of their high returns, flexibility, liquidity and tax-free status. However, traditional insurance policies, an all-time favourite of Indian taxpayers, manage the ninth place because of the low returns they offer and their rigidity.

Some readers might be surprised that the much reviled Ulips are in the third place. The Ulip remains a mystery and its returns are seldom tracked. We checked Morningstar's data on Ulips and found that the returns have not been very good in the past 1-5 years. Even so, it can be a useful instrument for the smart investor who shifts his money between equity and debt without incurring any tax.

We have tried to separate the chaff from the grain by assigning a star rating to the various tax-saving options. Wheth-er you are a novice or a seasoned investor, you will find it useful. It will help you cut through the clutter and choose the investment option that best suits your financial situation.

Reserve Bank of India on Thursday said individuals can also use funds under Liberalised Remittances Scheme (LRS) to buy immovable property abroad.

Encouraged by an improvement in the foreign exchange market, the Reserve Bank on June 3 had raised annual over-seas investment ceiling for individuals to $125,000 from $75,000.

"Banks have been allowed to remit up to $125,000 per financial year, under the scheme, for any permitted current or cap-ital account transaction or a combination

Current Affairs : RBI Relaxes Norms To Buy Immovable Property Abroad


July, 2014Call us at - 079 40322757

of both. Further, it is clarified that the scheme can now be used for acquisition of immovable property outside India," RBI said.

The LRS allows residents to acquire and hold shares, debt instruments or other assets outside India without prior approval of the RBI. In August last year, RBI reduced the ceiling from $200,000 to $75,000 per person in a financial year under the LRS in view of the worsening current account deficit and a volatile rupee.

Meanwhile, RBI also signed a memorandum of understanding with the Monetary Authority of Hong Kong for exchange of supervisory information.

Properties :


July, 2014Call us at - 079 40322757

3 BHK Fully Furnished, Luxurious Apartment for SALE, Prahladnagar, Ahmedabad. Sale : Rs. 1,75,00,000. For more details contact Amish Vyas : 9924128343 or visit : http://www.remax.in/505004011-128

3 BHK Bungalow For Sale In Serendeep Mansions, Ahmed-abad. Gujarat. Price : Rs. 2.21 Cr. For more details contact Ankit Patel : 9825333907 or visit : http://www.remax.in/505004019-198

3000 sq ft, fully furnished, showroom on rent, O� SG Road, Ahmedabad. Rent : Rs. 2,10,000 Monthly. For more details contact Atit Fozdar : 9825036406 or visit : http://www.remax.in/505004016-51

Corporate house on Rent in Bopal, Ahmedabad. Rent : Rs. 2,00,000 monthly. For more details contact Aja Shah : 9687274881or visit : http://www.remax.in/505004003-242

3BHK New Apartment for Sale on Science City Road, Ahmedabad. Price : 83,38,500. For more details contact Sudip Kinarivala : 9825077799 or visit : http://www.remax.in/505004029-156

NA Plot for sale in Satyagrah Chhawani, Satellite, Ahmed-abad. Price Sale : Rs. 4,86,00,000. For more details contact Premal Jhaveri : 9601288400 or visit : http://www.remax.in/505004039-7

Pl


July, 2014Call us at - 079 40322757

Please send us your reviews about this Month’s newsletter. Feel free to give your suggessions and we will incorporate the same in coming newsletter. Send your suggestions to [email protected] Or [email protected].

407, Shangrila Arcade,Nr. Shyamal Cross Road,Ahmedabad - 380015.Gujarat, India.Contact: 079-40322757Email : [email protected]: www.ahmedabadrealtor.com / http://o�ces.remax.in/Metro

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RE/MAX Metro July, 2014 Newsletter

Real Estate

remax international

team remax metro

online webinars of remax

remax metro ph

good month

month property

month of celebrations

great month