Residential areas like Sabarmati, Vastrauram, Satellite, Ambavadi and Chandkhera are in great demand. Commercial areas like C.G road, S.G highway Satellite, Vastrapur etc, because of their prime location, boast of high real estate sales. The residential rentals also peaked 2007 but in last six months, due to economic slowdown, they have come down by 25 percent. So, situation now is favorable for tenants as they can bargain more and can ask for discounts looking at the current market scenario. Mr. Bhatia, a real estate consultant, has told his clients not to let go their existing tenants otherwise it would be difficult for them to find new tenants at this point of time.

The rental values for 2- BHK are steady as there are not too many 2-BHK apartments in the city. The rental price for 2 BHK range from Rs.5000-7000 per month where as for a fully furnished two BHK in prime location, the rental price is Rs.7000-17000 per month. In other segments, monthly rentals are declining but rental prices for 2-BHK are still holding firm. The rental prices for 1BHK costs between Rs.6000-8000 per month and 3-BHK rentals costs starts from Rs.12000 and Rs.15000 to Rs.1,00,000 in case of a fully furnished apartment.

Government of Gujarat is laying more emphasis on building privatizing ports, integrated townships, big way, technology parks, and education-based townships, medical and healthcare townships, tourism-related townships, Logistics Park and residential townships. Because of infrastructure development, the overall development of the city has lead into boasting of real estate sales. Also, other factors like metro rail planning in the city and NH-8 highway connecting Delhi to Mumbai passing through Ahmadabad and upgrading the highway under BOT(built ,operate and transfer) has also lead to improved its connectivity with neighboring states thus increasing Ahmadabad property sales.

The upcoming sectors in Ahmadabad real estate are retail and IT/ITES as many MNCs have shifted to the city and thus demand for residential and commercial property is increasing. Many builders and developers are coming up with new projects in the city – Adani group is planning to come up with Mega Township near Nirma University with overall cost of project to be estimated about Rs. 2000 crore plus on SG highway. Heritage group is also planning to come up with all kinds of projects including bungalows, farmhouses and service apartments. Moreover, the prices of property in Ahmadabad are reasonable and quiet affordable as compared to other tier-II cities and the realty market is quite stable and has not suffered much due to the economic slowdown.

is there a course that i can get texted and also a dvd to learn and watch so i can pass my realestate exam???

Up till now, it seemed as if certain real estate markets would come through the real estate market crash unscathed. Home prices in these areas continued to rise and sales were happening rather quickly. However, there are now signs that even hot markets like the one in Provo, Utah are not immune to the market crash. Homes in these areas that would have been snatched up a short while ago are now sitting on the market with no buyers in sight.

In 2006, home values started decreasing in most markets. But not all markets were cooling. Provo, for example, experienced a 14% hike in home values within a short period of time while other markets were tanking.

Homeowners who lived in these hot market zones realized the full effects of the crash when they tried to sell their homes. Homes that usually sold within a few weeks in the past were sitting for months. It did not take long for sellers to realize that they had to do something drastic to attract buyers. So they started slashing their prices and offering discounts to buyers who would buy their home without an agent. This cut back on the commission fees that sellers had to pay and they could pass this savings to the buyer.

The message that these communities learned is one that we should all pay attention to. No market is immune to the housing bust. Even in markets where prices are continuing to rise, the appreciation is not as robust as it has been in the past. These markets are in the beginning cooling stages. Strict loan restrictions are not doing anything to help sellers sell their properties either.

Surprisingly, the economy in many of these areas has remained strong. This only points to the fact that the housing market and the local economy are not always intertwined.

Another once hot market that appears to be cooling is Seattle. In the Seattle market, prices are not rising as quickly as they once did. Homes are also sitting on the market longer than they used to. Foreclosure rates are on the rise as well.

Experts are still predicting that Seattle should be able to carry on through the crash. Apartment values in the city remain quite strong. Inventory is high, but sales volumes are keeping pace.

Not only has Seattle been able to hold on, the state of Washington as a whole has been able to do relatively well. Why? The state adopted the Growth Management Act which limited the amount of construction projects in the state. Other states were building at a much too rapid rate which has left many new properties empty.

This Act was an extreme plus for Seattle and Washington State. Other states were not so fortunate. New construction projects were left half finished or finished and empty. This resulted in a large number of defaulted construction loans.

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More Real Estate Q&A Please visit : Real-Estate-Base.com

With so many ups and downs happening in all the sectors due to global economic slowdown, investments in Indian real estate is the hottest topic for discussion. This phase of slowdown is also witnessing mass developments in real estate sector. Everyone is touched by one of the aspects of selling, buying or renting property. Apparently, changes in behavior of consumers and financial firms can be seen with the changing trends in unprecedented times.

Each one of us is generally involved in property related issues of investing, leasing or selling. Since it is difficult to take these decisions and there is some amount of risk involved, we mostly depend on property brokers and the prevalent word of mouth. These tendencies are now facing a make over with the ever growing internet penetration and the constantly increasing internet users. With user base exceeding 50 million, online property portals are set to revolutionize the real estate sector.

Real estate portals in India introduce a completely new way of sending across property related information and transactions. The developed real estate markets abroad are accustomed to the concept of online portals but it is comparatively new for Indian sellers and buyers. Even as the popularity of these portals in India is growing, it is expected to burgeon in the coming years. Number of listings and conversions of both residential and commercial property is multiplying everyday. Moreover, the feedback of both buyers and sellers of real estate in India has been favorable.

Online property portals are a platform for exchange of information relevant to property. They display residential and commercial property listings; buying, selling and renting options; other recommendations for property registrations, property loans, property laws, property news, etc. This newly developing trend of portals has made internet an acceptable as well as effective medium for real estate transactions. Both property sellers and property buyers find this medium highly cost effective, descriptive and extremely helpful.

For real estate sellers i.e. the supply side Internet is useful in more than one way. It can be noted as following;

Advertising on internet allows more descriptive ads as against space restricted print ads.
It enables lower costs as compared to other modes of advertisements.
It offers various add on features like virtual walk through, uploading video clips, online databases, archives of listings, etc.
Internet is the most interactive way of advertising as it connects the sellers with the potential buyers through chat messengers, etc.
It extends more exposure to targeted buyers and offers measurable returns.

The real estate buyers i.e. those who stand on the demand side of property also find internet a feasible way of looking for property because:

It is convenient and time saving to search for available property online than visiting real estate agents and waiting for their response.
Portals reduce dependability on third parties as all the information and listing are available online.
 There is no limitation to number of properties available as property agents are generally popular within a particular area.
The search and comparison between properties according to localities, etc has become effortless as portals are doing that too.
Buyers can soon make online transactions, see featured galleries and walk through vacant properties.

The current times witness tenants and landlords interacting in a high tech way. The concepts of ‘automated transactions’ and ‘smart buildings’ is gaining popularity on this front. Apartment owners and commercial builders welcome automated rent payments, placing of work order requests online, display of facilities management, etc.

Creating a system that blends bricks and clicks is instrumental in changing the face of Indian real estate sector. Internet connectivity and meeting of buyers and sellers online only further enthuses the property market.