Posts Tagged ‘real estate’

The Frozen Sea and Land Around

Black sea often gets frozen due to the sub zero temperatures in that region. The scene is a spectacular one as the gushing sea stands still as if following the commandment of a higher order!

Here are some stunning pictures, and they really make an impact on you, you might want to invest in property near by. Just for info, the Black Sea borders six countries — Turkey, Bulgaria, Romania, The Ukraine, Russia and Georgia.

These pictures below are the coast off Odessa, the third largest city in Ukraine.

Very close to black sea, in Odessa, are fabulous apartments for sale as well as rent. Odessa boasts of providing several options to invest on residential real estate.

First, the fab pictures…

Odessa and Real Estate In Ukraine

The city of Odessa, is said to be very different from most cities we know. With a nightlife that claims vibrancy, beautiful beaches and museums, one can safely say that this city is meant to be enjoyed completely.

Reports say that real estate prices are now faling in Ukraine, making it the right time to invest in apartments. There are hoards of just completed residential houses, and also several under construction ones!

Ukraine has seen a real estate boom ever since the Orange Reveloution, way back in 1994. It has seen a lot of foreign investments in real estate in recent times, too.

Ukrainian property can also be bought through some real estate agencies without the buyer’s physical presence, through online services.

Nevertheless, buyers, especially of expensive property, prefer to make the deal in person.

However, as is the case with real estate purchases in any part of the world, the buyer must excersice caution before finalising any deal. Thofough research is required to be done. Not just that, it’s important that foreign investors keep all necessary documents in order and take extra care and precaution before buying property/ renting property or even giving out own property on lease.

Property Buying Tips

Buying property? There is more to it than getting the finance and picking a reputed builder. Here is a quick run through of common sense tips. You already know it all, but the best of us, forget the best of things at times.

1.  The Real Reason: Why do you want to buy the property? To have your ‘own’ home, for investment purpose only, a holiday home, a place to retire to, or to relocate? Once you know the reason, you will be more clear on what type of property to zero in on. This is especially important if you are buying a home outside of your city or even country.

2.  Research: This is very important. Before you set out, read up, browse through several websites, talk to people, use your network to know more.  And, yes… prepare a checklist of what you want.

3.  Visit: Of course, you must pay a visit and check out the property or properties, as the case maybe. Go along with someone — a relative, a friend, or better still, someone from the town/ country! This is because, that person may bring in a fresher perspective and probably see what you don’t! Ask questions. Click photographs and go through your checklist!

4.  Repeat Visits: Try visiting the property several times before you pay up, and visit the place at different times of the day.

5.  Facilities & Amenities: Look for what the builder-developer is offering you vis-a-vis the price you are paying. Also, its important to know how far the nearest medical care unit, school, railway station, airport, shopping mall, etc., are located.

6.  Language: In case you are relocating to another city or country, you must be prepared to learn the local language as also about the culture of that place.

7.  Time: Be prepared to invest time into the project. You cannot expect to find your dream home the first time around!

8.  Insurance: Go through the due diligence bit and get home insurance done. It’s really a must!

9.  Solicitors: Pick someone you know. Avoid solicitors who have been recommended by agents. Find an independent one of repute.

10. Survey: Get a property survey done by a professional — someone who is familiar with local construction processes and materials

All this apart, enjoy the process. The journey is always more important than the destination.

Trinidad & Tobago — The Indian Link!

Trinidad & Tobago — The Indian Link!

With the First Lady of Trinidad & Tobago visiting India, the media is full of news about Kamla Persad-Bissessar’s Indian roots and her attachment to our nation. Do the similarities between T&T and India end there?
Let`s dig deeper…

CUSTOMS & CULTURE

Apparently, people in T&T love to dance to Bollywood music. There’s more! Just like in India, there is always something to celebrate in Trinidad. Different ethnic groups have settled in these Caribbean twin islands, over generations, creating a rich mix of dance, music, art, cuisine and festivals. Diwali is celebrated with great pomp and vigour, just as Eid-Ul-Fitr is.

May 30, celebrated as Arrival Day, commemorates the arrival of the first Indian indentured labourers to Trinidad from India in 1845. The Indians brought a wide range of festivals, spices and food into the country, To this day, the influence of these early immigrants can be seen in the language, music, dance and customs of Trinidad and Tobago.
During the month of March, the colourful fest of Holi is celebrated to the tunes of folk songs and the sounds of the Dholak!

LANGUAGE
Interestingly, Trinidad, a multilingual region, has its inhabitants, speaking in Urdu and Bhojpuri, apart from English and Spanish! Language used in Tobago, is mainly English!

FOOD
Food is one way to trace the roots of any culture. A typical Trinidadian meal always has a generous portion of rice, curry, potatoes and Chick peas, as well as rotis (Indian Flatbread).

FUTURE CONNECT
The T&T PM seems to be thoroughly taken in by what she saw at the Pravasi Bharatiya Divas, held at Jaipur. Like India, Trinidad and Tobago too have a rich and divers cultural heritage. This may form the basis of connect between the two countries for investment opportunities, as well as knowledge sharing.

We now need to wait and watch to see the growth in both countries through mutual benefit and exchange.

Indian cities — an interesting study

It is indeed true, what social experts say, that India is a land of paradox. Interestingly, even the economic development that is growing in an accelerating pace, has done nothing to change this astounding truth!

Recently, a survey put forth the findings that Gurgaon, that tops the list of most preferred cities in India to earn a living, is not actually among the best places to live. What a paradox!

Here are some more interesting facts from the data compiled by an Economics Research firm, on residences, earnings and investments.

1.The four metros of Delhi, Mumbai, Kolkata and Chennai are not really among the ten best cities to reside in, earn in or invest.

2.  Delhi, Mumbai and Chennai are cities preferred by millionaires to spend their life in.

3.  Gurgaon, Silvaasa, Noida, Faridabad, Rupnagar, Chandigarh, Surat, Bangalore, Gandhinagar and Pune figure in the best ‘earn-in’ cities.

4.  Among the best cities to reside, five are from Kerala — Kochi, Kozhikode, Thrissur, Thiruvananthapuram, and Kannur; while the others are Mysore, Goa, Pondicherry, Shimla and Thiruvalur.

Indicus, the economic research firm, considered the following parameters — health, education, environment, safety, public facilities and entertainment — for preparing the ‘reside-in’ index; and  growth rate of employment, per capita income and listings on popular job websites, for the ‘earn-in’ index.

Knowing France… Concluding part

Bonjour! Comment-allez vous?

Learnt some French yet — Now that you are familiar with almost all regions in France? Here is the last of the series…

Go on — know France, enjoy the French culture, food and wine…

Nord-Pas-de-Calais

Capital: Lille

a.  Was once France’s major industrial region in the 19th century, due to the  coal and textile industries.

b.  Heavily populated.

c.  Promises vast economic potential through the opportunities offered by the Channel tunnel and the TGV-Nord high speed train service.

 Lower Normandy

Capital: Caen

a.  Significant coastline, hence great for tourism.

b.  HAs two sea ports, providing regular services with the United Kingdom.

 Upper Normandy

Capital: Rouen

a.  Considerable development of the Lower Seine with its two major ports of Le Havre and Rouen (France’s 2nd and 5th largest) is a major feature.

b.  Proximity to Paris is a great asset.

 Pays de la Loire

Capital: Nantes

a.  Second in France in terms of agricultural production.

b.  Highest livestock breeding.

c.  The Nantes-Saint Nazaire port complex, the fourth largest in France, is the hub of activities.

d.  A striking feature is the high speed train service (TGV) that links Nantes with Paris in two hours, thus furthering development of the economy and of tourism (Atlantic beaches).

 Picardy

Capital: Amiens

a.  A very rich agricultural area, leading to the development of the agri-foodstuffs industry.

b.  Has a pivotal geographical position.

Poitou-Charentes

Capital: Poitiers

a.  Mainly rural with farmland used mainly for beef cattle and the vineyards used for the production of Cognac.

b.  A number of agri-foodstuffs industries and light industries are present.

c.  The seaport of La Rochelle and the beaches along the Atlantic are tourist attractions.

 Provence-Alpes-Coted’Azur

Capital:Marseille

a.  Fabulous climate, great coastline and natural beauty makes this region very popular and wealthy.

b.  Marseille is France’s largest port and the second in Europe and has a industries, from oil refineries to chemicals and foodstuffs.

c.  Nice and the Côte d’Azur are famous tourist resorts.

 Rhone-Alpes

Capital: Lyon 

a.  Ranks second in importance among metropolitan France’s 22 regions.

b.  Has the second most important manufacturing and services centre in France.

c.  Lyon is well-known its universities.

d.  The region is also one of France’s major tourist areas.

That brings us to the end of discovering France. Hope you had fun touring the state. I sure did!

Knowing France… contd.

Bonjour and welcome back to the second of the three part ‘Knowing France’ series. Get to know seven more provinces of France — some well known, and some unheard of. Have fun…

Corsica

Capital: Ajjacio

  1. An island by itself.
  2. Excellent coastline and exceptional natural beauty makes for a great tourist destination.
  3. Fabulous, mild climate.

Franche-Comte

Capital: Besancon

  1. This region is the capital of France’s watch and clock-making industry and of high precision engineering.
  2. Montbéliard-Sochaux is home to the Peugeot car firm.
  3. Several traditional activities like cheese-making, woodwork, etc., make this region very popular.

Ile-de-France

Capital: Paris

  1. Includes about 18 per cent of France’s population.
  2. Highest concentration of economic activities, including industry and services. Also, all government departments, national headquarters of public authorities and the head offices of the main companies are located there.
  3. Paris houses a number of international organizations including UNESCO and the OECD.

Languedoc-Roussillon

Capital: Montpellier

  1. Important University centre.
  2. Currently in a revival mode thanks to the diversification of its agriculture, the expansion of tourism, the establishment of advanced technology industries and research.

Limousin

Capital: Limoges

  1. Main activities are the agri-foodstuffs industry and the production of leather.
  2. Famous for the ‘Porcelaine de Limoges’ which produces luxury wares of world-wide renown.
  3. A special effort is being made to open up the region.

Lorraine

Capital: Metz

  1. This region was once known for the iron and Steel industry as well as the coal mines, on which its wealth was built.
  2. With the dwindling status of the industry, the region has faces a great amount of economic problems, but is now undergoing some far-reaching programs of industrial reconversion and diversification of activities.
  3. Nancy, in this region is a university centre.

Midi-Pyrenees

Capital: Toulouse

  1. Largest of metropolitan France’s 22 regions.
  2. Toulouse is the main centre of France’s aerospace industry (the Airbus is assembled there).
  3. It is the second in importance for advanced technological activities in France (research, data-processing, computers, robotics).

Look out for the last part. Watch this space again.

Living in Singapore

It’s a dazzling cosmopolitan city that is complete with rich culture, vibrant sights and modern infrastructure blending beautifully with sound educational systems. What would it be to live there? Read on…

It’s true that Singapore is a fascinating mix of the Western and Asian culture. Spread across an area of roughly 700 square kilometers, the city is full of dazzling skyscrapers, Chinese shops, temples and mosques, and chain and chains of upmarket super cool shopping malls.

What’s more, the city is clean and green!

Some Important things:

Cost of living: In 2011, Mercer’s cost of living index pointed out that Singapore became the 8th most expensive city in the world, for expatriates! And, after Tokyo and Osaka, it s the the third most expensive in Asia.

 Transport: Singapore has an excellent public transport system, making it easy for people to move around the city.

 Language: There are four official languages — English, Chinese, Malay and Tamil. However, most people speak in and understand English!

 Buying Property: The Residential Property Act (RPA), as amended in the year 2005, allows foreigners to purchase apartments in non-condominium developments of less than 6 levels without the need to obtain prior approval.

Vacant land, landed properties such as bungalows, semi-detached and terrace houses, etc., fall under the category of ‘restricted property’ and purchasing such properties require prior approval for foreigners.

Education: The City is home to some of the best educational establishments offering several courses to encourage creativity and entrepreneurial spirit. The choices are plenty and the entry top notch universities and institutions in the city is only growing.

With an overall development, this city certainly seems to be the perfect choice for students and career driven professionals. Are you planning to move there, yet?