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Showing posts with label apartment. Show all posts
Showing posts with label apartment. Show all posts

Friday, February 10, 2012

Studio Apartment - Make it Maximize

Studio apartments have a lot to offer, even though the available space can be skimpy. They're cozy. Don't underestimate the ability of a small space to create intimacy. The trick is to add the other necessary elements, like furniture, color and storage, carefully. It's easy to make a small space look too crowded if you aren't paying attention to detail. You might have way too many things for the space, but then again, they might just be organized incorrectly for the flow of traffic.


1. When you don't have the luxury of lots of space, the first thing you have to do is strategize how you'll make everything work well together. One foolproof way to start is by using a monochromatic palette. It will make the space look larger and will work with, rather than against, the other elements in your design. Choose the same or similar shades for the walls, carpets and drapes. This doesn't have to be a compromise move, even if you love vivid color. Just indulge yourself in your choice of accessories, wall art and textiles.
If this sounds bland, there are hidden benefits you may not have considered. If your studio apartment has odd angles or other irregularities that you want to camouflage, they'll tend to blend into the background when you keep it neutral. A neutral palette will also make it easier to perform seasonal wizardry, like switching out a cherry red area rug for a pastel green option in spring.
2. Scale is important in rooms that are either too small or too large. Instead of a standard sofa, use a loveseat or two. Take advantage of the ability of glass to blend with its surroundings by using it liberally in your choice of shelving and tables. When you shop for furniture, opt for pieces with onboard storage, like headboard/bookshelf combos, storage ottomans and side tables with built-in drawers. Evaluate the footprint of all the pieces you buy. Once the furniture is in place, you'll still need space to walk around it. Shallow dressers, drop-leaf tables and modular computer desks are easier to incorporate into a small space than their conventional counterparts. Be choosy about what you buy, and look for scaled-down options.
3. Your studio apartment design should conform to the flow of traffic in, out, around and through the space. Determine how you and your guests will use the space, and then establish dynamic living areas based on that. The location of the entrance, bath, kitchen, windows and other stationary fixtures will get you started. Defining specific areas with dividers, specialty lighting or carpeting will help anchor the space and create natural breaks and focal points.
4. Studio apartments usually have meager storage, so make the most of modular storage options and clever solutions like space bags and open shelving. Wall-mounted and freestanding shelves can do triple duty as dividers, wall storage and decoration. If they're partly made of glass or glass block, they can also help open up the space and maximize the available light.
Small spaces can make a big impact when you incorporate scale, neutrals and a practical layout into your design. It's a winning combination that's always in style.

Friday, August 5, 2011

Commercial Property Purchase - Needs a well Inspection...


As a real estate agent it pays to have a good approach to listing commercial property. A system to the process is a good idea. Not only will a system help you ask the right questions, but it will show your professionalism to the property owners.
When you are listing in a competitive market place it is highly likely that another agent or two will be inspecting the same property later in the same day. It thereby follows that the agent that is the most professional in the inspection process is highly placed to win the listing.
When times are busy you could be inspecting 2 or 3 properties a day for the purpose of listing. So a property inspection process is valuable to you in your listing conversions. I split the process into 2 levels as below.
My inspection process of a commercial, industrial, or retail property could be similar to the following:
·          See if any encumbrances or rights of way impact the property and if so how
·          Get a copy of the local survey plan for the street and area
·          See what the zoning and building codes do for the property
·          See if there are any orders or notices on the property at the moment in the local building authority office
·          Review the tenant mix and lease profile from known leases
·          Get details of recent comparable sales and rentals in the area
·          Look for comparable properties in the same area that may be for sale or lease now and that could impact the marketing of the subject property
·          What vacancy factors exist in the property currently?
·          Check out the boundaries for the property and proximity to neighbours
·          Look at the signage of the property for identity and impact
·          Review the building improvements for suitability and function. Are they what the market wants today?
·          Get a copy of the tenancy schedule for review
·          Ask about building income and expenditure performance (especially if the property is for future sale)
·          Walk through the property with the owner or landlord whilst asking questions about current property performance
·          Look for any vacancies and see if they are dragging down the function of the other tenants nearby
·          Ask about anchor tenants if they apply in the property and get copy of the leases to see the terms of occupancy.
·          Take plenty of photos that can help you later with notes and review analysis

When you inspect a commercial property for the first time it pays to have all the facts researched before you get to the property. In the actual inspection get more details from the property owner on current issues and concerns. As a general rule do not price a property at the inspection. It is far better to take the inspection information away for greater analysis. You can then formally present your findings to the owner at a later meeting.
Preparation is the key to a good property inspection. It sets the scene for the later listing pitch with the property owner. When you know all the facts and you have fully researched the property it is far easier to close on the listing.

Thursday, March 17, 2011

Home Office Or Outdoor Office - Which is Good ?

Is a home office appropriate for every business?  Of course not.  But, if you’re creative and disciplined, I think the positives far outweigh the negatives.  What do you think?

Let’s break down the home office debate into personal and business considerations:

The Business Case

A home office is much cheaper. For start-up or established business, paying rent, utilities, and other costs for an outside office create a significant monthly revenue threshold. Plus, while tax guidelines are fairly strict, you can deduct some portion of expenses you would have paid personally, prorating utilities, some maintenance, and even depreciating the portion of your home you use for a home office. (Keep in mind taking depreciation can make accounting and tax considerations a little more complicated when you sell your home, so look before you take the depreciation leap.)

Increased (and convenient) availability. I have clients around the world, so I often adjust my schedule to their time zones. With a home office I don’t mind phone calls during non-office hours since walking down two flights of stairs beats driving to an external office every time.

Show never equals go. A fancy space at a prestigious address may initially impress potential clients, but eventually you are judged on the quality of your products or services. If you do great work no one cares where your office is located.

Your home office can be a home-court advantage. An outside office is to a home office what an apartment is to owning a home. If you rent or lease you’re limited in the changes you can make to the space, and when your lease is up those improvements are often lost. With a home office you call the shots and the money you save on rent can go to improvements. My home office is about 1,300 square feet, has a great view of the mountains, and the office dog can hang out with me. I hate to think how much a similar commercial space would cost.

A home office is like an entrepreneurial litmus test. Many people feel they will lack self discipline and focus if they work from home. Sure, you may feel you need the motivation (and validation) that comes from having an outside office… but when your paycheck is based solely on your output motivation shouldn’t be a problem. If it is, owning your own business probably doesn’t make sense.

The Personal Case

Adds value to your home. Turning your dining room into a home office could negatively impact the value of your home, but if you re-purpose unused space, or better yet add on, you benefit personally. Plus home offices are very popular with home buyers. A local real estate agent told me at least 2/3 of her prospective home buyers list a home office as a “must have,” even if only for personal use.

It’s greener. No commute = fewer emissions.

A home office creates more family time. One person left this comment on Michael’s article: “I just didn’t have the heart to turn away my 3-year-old daughter who was excited to have daddy at home all the time.” I understand the feeling, but think about it: Home office or external office, you’re not available. The only difference is you don’t have to face the fact your daughter misses you when you work from an external office; either way, she misses you. On the other hand, time spent commuting is family time lost. If your one-way commute is twenty minutes, that’s at least 160 potential family hours gone — forever.

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Monday, February 7, 2011

Which is Better - Apartment Vs Independent House

WHAT IS THE BUILDING CONSTRUCTION SCENE IN INDIA TODAY?

Growth and prosperity of an economy, to an extent is reflected in its physical appearance. In the last few decades the Indian economy has witnessed hectic and massive construction activities, new structures have been raised, townships have evolved and housing especially in the apartment segment has multiplied exponentially. And so today people have a lot more choices when looking for a house.


  1. APARTMENT: Nowadays most of the immigrants coming into cities are buying apartments for the following reasons:
  2. The exorbitant cost of land and the headaches involved in getting it registered under their name.
  3. People find it easier to buy an apartment from well known builders since the land registration problems are already taken care of.
  4. Moreover, the society will look after things like power, water, utilities etc; leaving the apartment owner free from worries on that front.
  5. In addition, apartments do have some perks like in-house gym, swimming pool, health clubs etc
  6. Children have access to a secure play area.
  7. Also, there is a feeling of security in an apartment complex.
  8. The common areas and landscape are well maintained. 

INDEPENDENT HOUSE: However given a choice, most people in India, will still prefer to construct their own independent house for the following reasons:
    1. An independent house gives them the feeling of independence as they do not have to share common areas.
    2. An independent house has space all around for gardening or any other activities.
    3. The house owner can have it built expressly as per his requirements and to his liking and with his choice of materials and finishing.
    4. The house owner has the option to add floors or increase the area of the building as the need arises.
    5. The house owner can get additional income from renting out part of his premises.
    6. The house owner need not pay monthly maintenance amounts.



    Friday, December 24, 2010

    Delhi Real Estate - DDA Scheme infected the prices

    DDA housing scheme is has come a boon for aspiring home buyers as it has forced even small developers in the National Capital Region (NCR) to dole out hefty discounts and freebies like cars, LCD TVs and international holiday packages to woo buyers.

    The DDA housing scheme 2010 has a total of 18,235 flats on offer, right from one-bedroom- hall-kitchen (BHK) to four-BHK.

    Many banks are already financing the bookings and the response from the buyers has also been quite positive. The DDA officials plan to sell as many as 25 lakh forms this year.The catch here is the number of flats on offer, which is almost three times the total number of flats that were offered by DDA’s in 2008. However, this apparent advantage for buyers is proving to be a hurdle for the private developers, especially the small ones. 

    “Home sales had already dropped in past sixth months. Now, the DDA scheme has proved to be another dampener. Most of the potential buyers in the market have applied for it and they are not looking for other options till the results are out,” a property dealer in Dwarka told MAIL TODAY . 

    “As the whole lottery system of DDA will take at least three to four months, buyers are holding onto their plans. That is why   some developers are going for discounts and freebies, especially in the Noida, Noida extension and Faridabad region,” he added. One developer, Supertech, which had started the Rs 10 lakhflat scheme, is now offering a free car with every booking in the EcoVillage, Noida Extension. 

    The developer is offering an Alto car with flat sizes between 795 sq ft and 1275 sq ft; a Zen with 1340 sq ft and 1595 sq ft and a Swift with flat sizes of 1750 sq ft to 2275 sq ft area at EcoVillage. Similarly, another developer, RG Builder, is offering a lucky draw with every booking of its luxury  apartments, where any buyer stands to win a car or a bike. 

    Rishab Developers of Indirapuram is offering discounts up to 15 per cent for its two- BHK flats. Ferrous heights, in Faridabad, have come up with a new scheme where buyers are not required to pay EMI till they get possession of the house.

    The buyers have to pay 15 per cent of the home price at the time of booking. Many other small developers are offering LCDs and free holiday coupons with new bookings.Developers said this is not just because of the DDA housing scheme but the stiff competition among the NCR developers. The situation is little different in the Capital. 

    Even as home sales figures are not very encouraging, brokers are holding onto the prevailing rate rather than resorting to any discount or freebies.


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