Great Going for Greater Noida Ahead

Greater Noida's distance from New Delhi, which was once a big setback for the area's growth and infrastructure, has become a boon for it. Earlier, individuals and investors shied away from picking up property in Greater Noida, but that sentiment has changed now. Greater Noida's real estate is one on the most promising and growing segments. The city's distance from Delhi is its biggest asset. The area is bracing up to accommodate the new international airport at Jewar, ...

Getting your first deal: Which direction should you take? Part III Entitlement timeframes.

Say your state poses a bit of a challenge from an entitlement standpoint. As we discussed in parts I and II, you have worked on your first deal-and it is coming along! You have even gotten to the next stage of pricing your unit(s). Now you are ready! Bring on the contractors-right? Here is where you can get into trouble if you are not careful! You may have a project that can take 18 months. Though that may sound like a long time, I have been told on past projects that ...

Getting your first deal: Which direction should you take? Part II Pricing your unit/property

How would you price your units? Once you have gotten an estimate on your per unit value what is your next step? How far are you in the process? What are your next steps? In part one we discussed the per units value (this was determined from broker in the area). But let's say that you wanted to just take it to the point where you have the tentative track map approved and have actually sold it to a developer. How would you price that? Is there a kind of formula you can ...