real estate agents in india

Uncovering the Best Investment Properties in 2023

Best investment propertiesReal estate remains one of the safest and most rewarding investment avenues. But with multiple options available, how do you zero in on the best investment properties? Let’s delve into the top picks for 2023

  1. Urban Residential Apartments

Cities are growing, and with them, the demand for urban housing. Opt for properties in areas with good public transport, schools, and healthcare facilities.

  1. Suburban Homes

With remote work becoming more prevalent, suburban homes offer a blend of spacious living while still being relatively close to city amenities.

  1. Commercial Spaces

Commercial properties, especially in upcoming business hubs, promise steady rental income and appreciation.

  1. Vacation Homes

Vacation homes in tourist hotspots or serene locales not only provide rental income but can also serve as a personal retreat.

  1. Farmlands

As the organic food movement grows, owning farmlands can be lucrative. They can be leased to organic farmers or used for agro-tourism.

  1. Warehousing & Storage

With e-commerce booming, warehousing and storage spaces are in demand. Locations near transport hubs are especially valuable.

Tips for Picking the Best Investment:

  • Research:  Understand market trends, demand-supply dynamics, and future development plans for the area.
  • Diversify:  Don’t put all your eggs in one basket. Diversify across property types and geographies.
  • Consult Experts:  Engage with real estate experts and financial advisors.

Conclusion

Real estate investment is as much about strategy as it is about location. Stay informed, be vigilant about market trends, and always prioritize due diligence.

The perks of buying real estate during its pre-launch phase

The perks of buying real estate during its pre-launch phase

Buying real estate is one of the biggest landmarks in anyone’s life as it gives a sense of accomplishment in life. For a startup founder, having a plush and fully furnished office space in Noida will be an extension of his dreams. Whereas the purchase of a dream home assures the security of the upcoming generations in a family. Now, if you have zeroed in on a property that says pre-launch phase, the chances are that the pot has been sweetened. We tell you some of the lesser-known advantages of pre-launch phase property:

  1. The pricing

    It is the only vertical which can never be ignored or compromised when buying a property of any kind. That is the reason why the Top real estate agents in Delhi offer attractive discounts in the pre-launch stage which may make the buyers take an early call. Moreover, this discount helps the buyers to net huge savings which can be utilized for any future modifications. Who knows the price you are getting now might be hiked later on provided the demand for a property in a certain vicinity arises.

  2. Sets the cost of your establishment/ownership

    In a reiteration of what we discussed earlier, the demand for a property in a more commercially viable location can go high anytime. A project or even an apartment for rent in Gurgaon can see a jump in prices if there is the more evinced interest shown by the buyers of the later stage. Therefore, make sure you leverage the early advantage to your favor.

  3. Gives you more room for renovation

    If you are one of the more fussy or meticulous kinds of property owners then the pre-launch properties bring in more than just the price perk for you. A property, in its early stage, has very little intricate work done; it is like a blank canvas wherein you can go for all the customizations in regard to decor and art. Whether it is flooring, the kitchen area, or the sanitary fittings, you can spruce up your home and capture the most of its aesthetic sense.

  4. Attractive rate of investment (ROI)- No wonder that the real estate investment takes a chunk of your wealth, more specifically the savings you have accrued over the years. An early investor is at an advantage to reap rich dividends if they choose a property sold by top real estate agents in Delhi. While you already get the huge relief of a discount on the price in the first place, if you choose to resell the property, you are likely to close in a profitable deal. That is right. With the expansion of the real estate area and the increase in the number of people willing to move in early, you do have the massive advantage of dictating the price on your terms. The proposition gets even higher when you have a comprehensive property; a peaceful locality, major commercial hubs in the vicinity, and easy transportation.

All said and done, we at Jain Oncor would still issue a caveat that one must exercise caution while dealing with real estate property which is unlike any with regard to the risk factors. Choosing a real estate property is easy but to have it verified on social, economic, and legal counts is a tricky task. Understanding this major challenge, we at JainOncor provide all-around solutions for all your real estate needs so that you can close a deal that is most profitable to you. Once you choose to connect with us, we are set to embark on completing your dream of owning a swanky property.

Stop overpaying property dealers in India! Get these factors in place

Stop overpaying property dealers in India! Get these factors in place

Now that we all have braved the grueling pandemic, the entire market including that of real estate is staging a comeback. The demand for apartments for rent in Gurgaon, IT office space in Noida has finally begun to soar like earlier. However, if you are one of those who want to invest in them, you must tread with caution. One needs to acknowledge this; like the financial market, real estate is not risk-free. Therefore, the first guard you need to take will be against overpaying for a particular real estate.

Avoiding the mistake of shelling out a fortune!

  • Market analysis is the key

    Before making an investment in the real estate space, you need to trust more on the data more than your gut. So it becomes important you consult property dealers in India to get an estimate of the current market price of the property you are looking for. Real estate agents can also help you in regard to the anticipated projection of price, market movement and how viable can that property be for commercial establishments or personal dwellings.

  • Fix your budget

    Do not shy away from setting up your financial bandwidth. The rule of thumb is simple- if the budget does not fit your financial budget for spending, the property is not fit for occupation. The major reason for overpaying is not hatching a budget that takes care of the volatility of the market, sudden hikes in prices, etc.

  • Outstanding bills and expenses

    Many property owners quote a price that appears to be lucratively reasonable. Little do the potential buyers realize that they are left with bills to pay in lieu of the previous owner. If you plan to buy a piece of land, be very cautious about outstanding loans as people may deceive you without disclosing the loans and take the actual value of the property. That way, you would have to repay the loan. To counter such outcomes, do ask for all the necessary documents and updated status of the loan taken if any.

  • Choose reputable developers

    Due to sheer market size and the plethora of opportunities to make a fortune, the real estate development sector has become a clash of titans and unsung players. While this may make the property hunt task seemingly easier, it has been seen time and again that the proposition eventually runs into a loss. While the big players have had hiccups, the lesser-known projects by the lesser-known real estate developers have fallen apart despite the hype surrounding them. Therefore, do not fall prey to such unscrupulous property dealers in India who coax you into nefarious deals and makes you overpay

  • Avoid real estate that overstays in the market

    Not all grand-looking projects are meant to be a lucky deal for you especially when they are staying unsold for longer than usual. One must need to exercise due diligence as to why a property at a prime location, despite so much demand is overstaying in its listing. Therefore, you need to use your analytical skills once again and get in touch with trusted property dealers in India who can give you a clear picture of the status of such properties.

We at JainOncor take pride in being one of the most trusted real estate consultancy firms with a national and global footprint. Over the years we have strived to deliver the highest level of satisfaction and transparency for all your real estate needs. Once on board, we relieve you of all the hassles and hurdles which are faced while buying or selling real estate.

What Qualities Makes Real Estate Agent In Delhi Worth Hiring?


Working with a knowledgeable and professional real estate agent in India ensures that your investment properties are always profitable. They can also assist you in making the biggest financial savings on a real estate acquisition.

Of course, buying a house without a professional’s help is conceivable. However, most real estate investors employ agents to buy or sell a home.

To facilitate deals, real estate consultants need to have certain traits. The following traits should be present in your chosen agent.

It must possess these traits and abilities

The key component of consulting is communication. A real estate agent will represent India’s buyers, sellers, and contractors. All of them must be effectively convinced. Without great communication skills, none of this is likely to be accomplished. The most crucial element in obtaining success is tenacity. A positive outlook is crucial for real estate agents. Their motivation will come from a strong desire to achieve their goal, which they should be able to see clearly.

Negotiation is the most crucial tool in a Real estate agent’s In India tool kit. It requires a particular set of skills that will always play a significant role for those participating. During the negotiation process, you have to persuade several people.

The key to success is networking, which is crucial for success. There are various people you can get in touch with about this position. As a result, getting in touch with real estate agents with a proven track record of building networks is crucial.

The upkeep of client confidence is a real estate agent’s primary duty. Such work requires integrity to complete.

Real estate agents should review each provision of the buy and sale agreement. They will easily be able to convince others in this way. This aspect will need to be carefully examined by the agent.

There are several barriers to getting beyond while dealing with property issues. All issues must be manageable for real estate agents on their own.

The agent will undoubtedly produce results if he is dedicated to his career in real estate. As a result, a real estate agent needs to be committed.

Conclusion

Real estate agents In India, property consultants act as a bridge between buyers and sellers of real estate. But this is a challenging job.

What Does a Real Estate Agency Do?

Many buyers or sellers choose to use agents. This allows you to significantly save time, nerves, and ensure the security of the transaction.

Provided, of course, if the real estate agent is verified. An expert’s salary directly depends on the amount and number of those transactions that have been concluded. There is no fixed rate in this profession.

The question arises: what should a real estate agent do? What are his duties, what should he know? Let’s figure this out.

Who is a real estate agent, what is his main occupation?

He provides intermediary services when a sale and purchase transaction is made or a lease agreement is drawn up for various real estate objects. To earn money, the intermediary must find the one who sells the real estate, as well as the buyer for it.

After these measures, real estate agents in Noida help the parties to conclude an agreement profitably, which is the main task of the realtor.

Consider the areas of activity covered by the work of a realtor, for a more accurate understanding of what he does.

  1. Agents accompanying commercial real estate transactions;
  2. Specialists dealing with private real estate;
  3. Realtors, making out transactions on land plots.
  4. Personal qualities of a professional

In order to study the work of a realtor, it is worth considering what personal qualities he should have. This is working with people, and it is never easy with them.

Therefore, a realtor who wants to achieve success must have the ability to convince the client, since the buyer must be sure of choosing exactly the object that you offer. Based on this, a representative of such a profession should be distinguished by such qualities as:

  1. The ability to convince the client, that is, to have communication skills;
  2. Resistance to stress, the desire to learn something new and useful;
  3. Serious attitude, high level of self-organization;
  4. Patience, leadership, intelligence and a strong spirit;
  5. Thoroughness in the performance of work, attention to detail.

In order for the work to be successful and as efficient as possible, the realtor must be distinguished by knowledge in the field of economics, jurisprudence, and psychology.

He is obliged to know the market “perfectly”. Especially considering its frequent interchangeable nature.

What a real estate agent does: basic responsibilities

The real estate agent in Delhi is obliged to perform the following functions:

  1. Search for clients, as well as real estate for them;
  2. Demonstrate real estate to potential buyers or tenants;
  3. Help draw up transactions (prepare the necessary documentation, register property under an agreement from buyers in government agencies);
  4. Provide consultations in the execution of contracts to its participants within the boundaries of their own activities;
  5. Advertise property that is going to be sold or rented out.

In order to be able to work as a real estate agent, you do not need to receive specialized education. In fact, there are no educational institutions that would teach this profession.

Anyone who wishes can do this type of employment. However, this requires a certain list of knowledge, qualities, skills. After all, in order to receive a salary, you need to sell. In order to sell, you need to inspire confidence, win over.

How To Rent An Office Space: Nuances And Rules

The office is the face of the company. The first impression that the organization will make on clients, partners, and job seekers depends on how it looks. The vast majority of organizations lease office space. How to rent an office space?

  1. Correctly plan the development of the company and assess what kind of office you need.
  2. Find a suitable room.
  3. Legally competent to conclude a lease agreement.

How to rent an office space: a step-by-step algorithm

Step 1. Preparation and planning

Before beginning the search for an office it is important to understand what the area needs of your company and for how long. More specifically, you need to plan the development of the company today in order to understand which office you will need in a year or two.

A correct assessment of the prospects allows, firstly, to exclude the possibility that the company will unexpectedly face a shortage of space, and secondly, to save money.

If you already know today that from January 1 you will need an office of a certain class and a certain area, you can leisurely consider various options and choose a room at the best price.

When determining the size of the future office, it is important to take into account not only workers, but also general areas: meeting rooms, server rooms, utility rooms, warehouses, etc.

Selection and rental of the type of office space.

When contacting a real estate agency, you will surely come across the question: what class office are you interested in – A, B or C? Therefore, it is important to have an understanding of the principles of classifying office space.

Class A offices – premises in new office centres with a good location, optimal layout, high quality finishes and engineering systems. Sometimes class A is divided into classes A1, A2 and A3.

Class B offices are premises (usually in business centre in Delhi) with rental rates in a lower price range. They are inferior to Class A offices in terms of quality of premises or convenience of location.

Class C offices – offices in reconstructed buildings, usually of the Soviet period (former research institutes, factory management, etc.).

Class A offices are typically used by large corporations. A class B office is quite suitable for medium-sized companies. Typically, these are premises after major renovation with high-quality inexpensive finishes and a moderate range of services.

The buildings where they are located are equipped with fire and burglar alarms, double-glazed windows, high-quality elevators, a forced ventilation and air conditioning system.

Most of the client-oriented companies tend to rent an office in the central areas of the city. But here are the highest rental rates.

In fact, there are only two ways to find premises for rent – through professional realtors (real estate agencies) or directly, bypassing intermediaries.

Large companies usually focus on well-known real estate agents in Noida. However, real estate firms, whose names are on hearing, charge a considerable commission (usually in the amount of one month’s rent).

Buying A HOME: WHAT ADDITIONAL COSTS ARE THERE?

Talking about the Additional Expenses for Home Purchase doesn’t have to keep you awake. Just like when you have to do something you do it, when you have to pay for something, you have no choice but to pay for it. This is how the world works!

Buying a home not only implies paying the down payment and mortgage loan obligations, because in addition to these costs there are others. So don’t forget to have extra savings to cancel authentications, certificates, notarial rights and other documents.

In order to have a comprehensive knowledge of buying a home, it is necessary to know the expenses and taxes that this entails.

If more than half of transactions are made between individuals, many households turn to a real estate agent in India to find the home of their dreams.

They should know that the intervention of this intermediary entitles him to a commission, which will be paid to him only if the sale is carried out. It is usually announced and does not come as a surprise.

The intermediary’s remuneration

Home buyers who have got their house brokered by a realtor usually have to pay a commission for it. It often evolves between 4 and 10% of the sale price.

The security deposit

As soon as the compromise or the promise to sell is signed, a security deposit or immobilization allowance (representing 5% to 10% of the purchase amount) will be requested.

The sum is then transferred to the house seller until the signing of the final deed of sale. It is then deducted from the total price of the sale.

If you no longer wish to buy and exercise your right of withdrawal within ten days of signing the compromise or the promise to sell, the security deposit will be returned to you without penalty.

Taxes

The appearance of the payment of taxes is not a new event, all citizens must make this payment in the cases that are required.

Insurance costs

The additional costs when buying a land for sale in Gurgaon also include the necessary insurance. To protect against even greater financial damage, home buyers usually take out certain types of insurance.

Renovation costs

Whoever buys a house does not always agree with the taste of the previous owner. Residents of a home in particular want to feel at home quickly and put their own stamp on the furnishings.

In addition to the change of scenery, new lamps, bathroom fittings, kitchen equipment or garden plants are often required – what they want to renew and how much of the budget is available for this should be taken into account in advance by home buyers.

Better to take into account: additional costs when buying a house

When you are about to become a homeowner, the price of housing is not the only expense. There are also many ancillary costs: agency commissions, notary fees, credit-related costs, etc.

Additional costs are not only incurred when buying, but also before and after. Many of these expenses are necessary for planning the home purchase so that the budget is not blown and there are no surprising additional costs.

Selling A Home: These Are The Biggest Mistakes

A private home sale is a complex and usually lengthy process in which you as a seller can quickly make mistakes. In this guide we will introduce you to the process of selling a house. We explain the most common mistakes when selling a home and give you important tips to avoid these mistakes.

How does a private house sale work?

A private house sale consists of four process phases, preparation, marketing, processing and handover.

Phase 1- Preparation

The first phase is the preparation phase. In this phase you should determine the value of your property and set the offer price. In addition, you should compile or apply for all important documents for the house sale.

If necessary, you should also prepare your house for sale, i.e. make cosmetic repairs and remove personal items so that they do not interfere with the photos for the exposé and during the viewing appointments.

Phase 2- Marketing

After preparation comes the marketing phase. In this phase, you should define your marketing strategy based on your target buyer group, create an exposé and advertisements, as well as make viewing appointments.

Phase 3- Processing

Once you have found a buyer, the processing phase begins with sales negotiations. Here you should check the creditworthiness of the buyer before drawing up the purchase contract with the notary.

Phase 4- Handover

In the final phase there is an appointment with the notary and the contract is signed. After the buyer has paid the purchase price for your house, the notary will make the entry in the land register. The sale of the house is complete when the keys are handed over.

1st mistake: The wrong time

Preparing for a house sale is just as important as the house sale itself. And that includes carefully considering when you want to sell your house. The time of sale can be decisive in determining what sales price you can achieve for your property.

In order to get the optimal price for your property, it is essential that you observe the property prices in your area in advance when you sell your home in order to identify possible trends in price developments.

You should also keep an eye on the development of interest rates. This is the only way to ensure that you can find a buyer for your home and sell the property at the best price.

2nd mistake: The real estate market value is unknown

When you sell your property, it is relevant to know the current market value of your house or apartment. As an owner, you may still remember the price you once paid for your home.

You are also likely to have the costs for any repairs, renovations and improvements. But if you have owned a property for a long time, it is not unlikely that the current market value will deviate significantly from the purchase price originally paid.

Generally speaking, property prices are determined by supply and demand. The value of a property also depends on other factors such as the location, equipment and condition. In the property valuation, it is important the correct valuation method to use for your type of property.

To ensure that the valuation is carried out correctly, you should hire an expert to assess your home. Thanks to the valuation, the real estate expert can determine an appropriate sales price for your property.

5 Ways To Increase Your Profits In Real Estate Investments

Investing in real estate is the best way to become a millionaire; there is no doubt about that. But to reach that level, you must learn how to scale your income in each project. Let’s start with these 5 ways to increase your profits on your real estate investments

Take a look and learn everything you need to know!

  1. Add additional services or payments

The best way to increase the money that enters your pocket when investing in real estate is to add services or extras to your properties. If you want to invest in a multi-family property with four apartments for rent, for example, you can always add services such as laundry or household cleaning. You can do these services yourself or simply hire third parties, something that will automatically increase the value of the rent if the tenants agree.

Real estate inventment

  1. Reinvest earnings

Many people will tell you that reinvesting your earnings is a way of putting them at risk. But putting them at risk also means having the opportunity to multiply them. In fact, when you are starting your career as a real estate investor, nothing will help you more than reinvest much of your earnings.

There are many ways to do this. You can invest in relationships or networking. You can also invest in knowledge if you want to increase your skills as an investor. And if you only want to add properties to your portfolio, you can also do so by investing in lots or land.

  1. Build things that add value

One of the best ways to increase the price of a property is simply to renovate or build things that add value. If you have some properties for rent or that you want to sell and are wondering how to increase profits with each of them, then improving them may be your best option.

Whether you build an additional room in a family home, add a pool to a multi-family complex, add bathrooms to a commercial complex, or simply improve the condition of the property – you will automatically increase the value of them.

  1. Focus on working with people with capital

Work with people who have the capital to invest

Yes, either when it comes to getting tenants, buyers, or partners- it is always better to work with people who have a lot of capital than to work with people who have little. This is not easy, of course. You will need good capital too and a good reputation. You must learn how to attract the best people to your social and business circle. And at the same time, you should focus on investing in large businesses or properties so that people with capital are interested.

  1. Use compound interest over the years

Finally, there is the best way to increase your real estate earnings: use compound interest. This is simply generating income over the years. Then, generate more income from your income, and thus eventually multiply all your money. This works with all markets, and in real estate, it becomes very important. You could say that compound interest is simply to let your properties be valued over the years.

What Are The Characteristics Of Being A Successful Real Estate Consultant?

What do the best sellers have in common? What is the secret of their success?

In reality, there are many sales techniques developed over the decades; many are the books written on the subject and many “experts” in the field. Surely the experience makes the difference, but above all, it is the attitude that determines success.

What are the rules followed by the best sellers? Here are some tips that will surely help you stay focused:

Identify your ideal buyer and focus on that

Identifying the target customer is essential for an effective sales process. This is to avoid losing energy towards finding potential customers. The best sellers have defined the target customer and know exactly what to propose to them because they have built their sales strategy on them.

The sales process must be measurable and repeatable

The best sellers do not let intuition take over; nothing is left to chance. They use a method, they know perfectly the status of each ongoing negotiation. Create a pipeline and update it constantly, analyze the results, and adjust the processes.

Know the product and firmly believe that it is the best on the market.

If you don’t know what you are selling, you will not sell it to its full potential. Today’s customers are informed, they have the tools to do analysis on their own, and they are prepared and very careful. To sell a product, you must know it perfectly, you must have compared it with other products, and you must have analyzed it thoroughly. You must not be caught unprepared.

real estate agents in India

Develop a technique and make it your own

The real estate agents in India identify a single sales strategy, adopt it, and improve it from time to time without ever leaving it until it works. Don’t waste time changing method and strategy, choose the approach that works for you, apply it, and improve it, change it only when it stops working.

Actively listen to the customer

The best-sellers are attentive and listening when they talk to their prospects. They talk about what they need, and they listen a lot. You have to be focused on the ongoing negotiation, don’t think about other negotiations, stay focused on the customer in front of you. If you are listening, the conversation is deepened and becomes meaningful; the content will help you close earlier. It is crucial for a good salesman because it gives you the ability to unlock many situations, gives you access to valuable information, and will help you build trusting relationships.

Follow up

Check that your prospects have read your Email, update them on the status of the property, and update them on the activities you are carrying out. Submit reports. This will help you monitor the negotiation and increase your professionalism as a real estate agent in Delhi in the eyes of the customer.

Need to be focused

Learn to be balanced. Don’t let the mood of the moment affect your work, especially because you are dealing with other people who will feel your discomfort, they will be affected, and negotiation will hardly be successful. Free your mind, take a regenerating walk, and rediscover concentration and calm. Focus on the lens. You must transmit security, professionalism, and positivity.