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Fractional ownership of property is a popular trend, but why is this? What are the advantages of owning property in this way? This article considers the aspects of purchase cost, size, location, and maintenance. Reduced Cost If you are considering buying a property then the financial commitment can seem daunting. If you could reduce the cost of purchasing your dream home by a factor of 10 that would make it much more manageable. With careful planning and selection of your ...
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The SEZ controversy in Goa doesn't seem to end. With real estate developer Raheja Group challenging the Goa government's verdict to scrap the approved SEZ before the Bombay High Court, the entire episode has taken a new twist. According to a senior official from Raheja Group, "We have clarified that our SEZ was non-polluting and has no reason per se for the government to stop it. We have already put in a lot of money on the project." This is the second such case in row after pharma ...
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For fractional ownership schemes to succeed they require skilled fractional ownership management. Otherwise the experience of ownership can be marred by muddled changeovers, sub-standard facilities, and arguments over use. The Need for Fractional Ownership Management If you own a leisure asset (real estate, boat, car) outright you are solely responsible for the maintenance and upkeep of the property, you have only yourself to blame if it is not in a reasonable condition when ...
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