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RE/MAX Metro July, 2014 Newsletter
1. Health Section :
oGood service is our motto
July, 2014
Call us at - 079 40322757
3 BHK comfortable flat with 2
attached bathrooms located in Satel-
lite Ahmedabad.
Well connected to S. G Raod. 2 min-
utes walking distance from BRTS
station. Schools, Star City Mall
Well-connected to Markets, Multiplex-
es, Hospitals and Railway Station.
All major electricity and water supply
connections are already installed.
Very well maintained Bungalow Soci-
ety
MGM NEWSLETTER JULY 2014
MGM NEWSLETTER JULY 2014
7
RE/MAX MUMBAI –GUJARAT – MAHARASHTRAA
RE/MAX MUMBAI –GUJARAT – MAHARASHTRAA
It was a month of celebrations at RE/MAX MGM. Three of our Franchises
celebrated their anniversaries. RE/MAX MGM congratulates all of them.
2. o
NEWSLETTER
o
BROKER OWNER SPEAK
Hello Everyone,
We are happy to announce that we have completed 4 years in the office
and for that we would really like to say a Big Thank You to all our
esteemed clients, builder partners, friends and family who always
helped us in thick and thin.
This time rains have arrived late but has really covered up well all
around the country which will be a great help to farmers and will also
improve the economy in coming time.
July was a good month for us as we have added a new Business Asso-
ciate to the team and have done deals in residential and commercial
properties. With our aim for providing continuous support to our clients
we keep on training ourselves by attending online webinars of RE/MAX
MGM and RE/MAX International. This webinars are really helpful to us
as we learn how we can improve our services and get results for our
clients.
Real estate market is improving and we see a good movement in retail
as well as rental inquiries more in commercial than residential. We are
also working with builders from Mumbai and Pune as we see good
return on investment outside Ahmedabad because the job creation in
this cities are lots more than that in Ahmedabad and so one can get
higher rental or resale value on their properties. If you are looking to
invest in one of the cities mentioned above then please call me or mail
me on vparikh@remax.in.
Have a great month of August and spend good time with family as long
weekend from 15th which will give us all a nice break and will help us
start fresh for remaining period of the year.
Vivek Parikh
July, 2014
Call us at - 079 40322757
2010 201404
HIGHLIGHTS
Broker Owner Speak
New BA Joined
Deal Of The Month
Property Of The Month
Health Section
Realty Bites
10 Best Tax-saving Invest-
ments
Current Affairs
Properties
Nobody in the world sells more real estate than RE/MAX
3. Health Section :
oGood service is our motto
July, 2014
Call us at - 079 40322757
3 BHK comfortable flat with 2
attached bathrooms located in Satel-
lite Ahmedabad.
Well connected to S. G Raod. 2 min-
utes walking distance from BRTS
station. Schools, Star City Mall
Well-connected to Markets, Multiplex-
es, Hospitals and Railway Station.
All major electricity and water supply
connections are already installed.
Very well maintained Bungalow Soci-
ety
MGM NEWSLETTER JULY 2014
MGM NEWSLETTER JULY 2014
7
RE/MAX MUMBAI –GUJARAT – MAHARASHTRAA
RE/MAX MUMBAI –GUJARAT – MAHARASHTRAA
It was a month of celebrations at RE/MAX MGM. Three of our Franchises
celebrated their anniversaries. RE/MAX MGM congratulates all of them.
NEW BA JOINED :
Business Associate
RE/MAX Metro
Mr. Nishit Ambalia
M : +91 9825216277
We Welcome You In Our Team RE/MAX Metro
we are specialized in buying, selling and renting the
commercial as well as residential properties
Look
who has
JOINED
4. Ratnakar - IV
3BHK, Unfurnished
Apartment, Near
Manekbaug,Ahmedabad.
Gujarat.
Deal Of The Month :
oGood service is our motto
July, 2014
Call us at - 079 40322757
3 BHK comfortable flat with 2
attached bathrooms located in Satel-
lite Ahmedabad.
Well connected to S. G Raod. 2 min-
utes walking distance from BRTS
station. Schools, Star City Mall
Well-connected to Markets, Multiplex-
es, Hospitals and Railway Station.
All major electricity and water supply
connections are already installed.
Very well maintained Bungalow Soci-
ety
Rajesh Mehta
Business Associate
RE/MAX Metro
M : 99 7892 7894
E : rmehta2@remax.in
just sold
DESCRIPTION :
5. Prarthana Vihar
4BHK Bungalow, for
SALE, Near Manekbaug,
Ahmedabad. Gujarat.
Property Of The Month :
oGood service is our motto
July, 2014
Call us at - 079 40322757
Total Area : 463 Sq.yd. Plot & 313
Sq.yd. onstruction
Maintenance fees : Rs. 2000 per
month
The property is well-connected to
Schools, Markets, Malls, Multiplex-
es, Hospitals and Railway Station.
Very well maintained Bungalow
Society
For more details please contact :
RE/MAX Metro
Ph : 079 40322757
E : vparikh@remax.in
6. Leone by providing critical community education and sensitization. In addition, the organization is deploying
additional emergency response teams to Sierra Leone as well as to Liberia.
“This epidemic should not be seen solely as a West African issue but a global issue. Ebola is an international
crisis that requires swift, international response,” said Rabih Torbay, Senior Vice President of International
Operations for International Medical Corps. “There is a severe lack of resources for the Ebola humanitarian
response, both for treatment and prevention.”
Ebola Virus Disease
EVD is a severe acute viral illness often characterized by the sudden onset of fever, intense weakness, muscle
pain, headache and sore throat. This is followed by vomiting, diarrhea, rash, impaired kidney and liver func-
tion, and in some cases, both internal and external bleeding. EVD spreads through direct contact with the
blood, secretions, organs or other bodily fluids of infected people. No vaccine for EVD is available and severe-
ly ill patients require intensive supportive care. During this outbreak, EVD has killed approximately 55% of
those infected. (WHO 2014)
Since its inception 30 years ago, International Medical Corps' mission has been consistent: relieve the suffer-
ing of those impacted by war, natural disaster and disease, by delivering vital health care services that focus
on training. This approach of helping people help themselves is critical to returning devastated populations to
self-reliance.
Health Section :
oGood service is our motto
July, 2014
Call us at - 079 40322757
International Medical Corps Responding Following Ebola
Outbreak in West Africa
Aug 5, 2014 - Los Angeles, Calif. -An unprec-
edented outbreak of Ebola Virus Disease
(EVD) in West Africa has spread to four coun-
tries with cases confirmed in Guinea, Nigeria,
Liberia and Sierra Leone - International Medi-
cal Corps has been delivering humanitarian
support in the region since 1999. The World
Health Organization (WHO) announced more
than 1,600 confirmed cases of EVD and 887
deaths, as of August 1. International Medical
Corps is responding to the outbreak in Sierra
7. Finance minister Arun Jaitley is likely to have opened up a market worth at least Rs 70,000 crore by announcing tax
breaks for real estate investment trusts (REIT) in the budget.
These instruments have a huge potential considering the fact that they can invest in at least 50 per cent of the office
space available in the top six cities.
Jaitley had announced a tax pass-through status for REITs in the budget. It means income by way of interest received
by the trusts will not be taxed in the hands of the trust.
These realty trusts are similar to mutual funds in that they raise money from investors and put them into real estate
assets that may comprise rent yield from commercial properties such as office buildings and malls or housing com-
plexes.
These assets are held in an entity (special purpose vehicle), which is under the control of the trust.
Investors in these trusts earn from both dividend (from the rent collected) and wealth accumulation (capital apprecia-
tion of the underlying property). The rent collected is subsequently paid to the investors as dividend.
The new instrument is expected to benefit the domestic real estate sector by providing a major source of funding.
Industry experts such as Niranjan Hiranandani, managing director of Hiranandani Group, maintain that realty trusts
are set to be a huge success and are likely to net $10 billion in this fiscal itself.
It is expected that pension funds, foreign institutional investors and other long-term investors will show huge interest
in these instruments.
According to a note from Edelweiss Securities, India has Grade “A” office market of 375 million square feet in the top
six cities. Of this, 80-100 million square feet could be up for REIT listing once it gets introduced. The brokerage said
assuming an average rental of Rs 60-65 per square feet, 80-100 million square feet provides a rental potential of over
Rs 6,000 crore.
“Assuming cap rates of 8-10 per cent, REIT has a potential market size of Rs 70,000-90,000 crore,’’ it added.
The cap rate, or capitalisation rate, is one of the parameter that helps to assess a real estate investment. It is the
potential rate of return on the property. Therefore, a higher cap rate is beneficial for the investor.
Some of the entities owning rental assets include DLF, Unitech, Phoenix Mills, Indiabulls Real Estate, Prestige
Estates and Oberoi Realty. They are expected to benefit from the introduction of REIT in the domestic market.
Realty Bites : Realty Trusts Build Base On Prop
oGood service is our motto
July, 2014
Call us at - 079 40322757
8. Multiple options. Contradictory advice. And
a deadline that's approaching fast. Many
taxpayers find themselves in this situation
at the beginning of the year when they have
to make tax-saving investments.
Are you also confused? Before you make a
choice, go through our cover story to know
which is the best option for you. We have
ranked 10 of the most common invest-
ments under Section 80C on five basic
parameters: returns, safety, flexibility,
liquidity and taxability. Every investment
has its pros and cons.
10 best tax-saving investments
oGood service is our motto
July, 2014
Call us at - 079 40322757
The PPF may not have a very high return, but its tax-free status, flexibility of investment and liquidity by way of loans
and withdrawals, gives it the crown in our beauty pageant. Equity-linked saving schemes come in second because of
their high returns, flexibility, liquidity and tax-free status. However, traditional insurance policies, an all-time favourite
of Indian taxpayers, manage the ninth place because of the low returns they offer and their rigidity.
Some readers might be surprised that the much reviled Ulips are in the third place. The Ulip remains a mystery and
its returns are seldom tracked. We checked Morningstar's data on Ulips and found that the returns have not been very
good in the past 1-5 years. Even so, it can be a useful instrument for the smart investor who shifts his money between
equity and debt without incurring any tax.
We have tried to separate the chaff from the grain by assigning a star rating to the various tax-saving options. Wheth-
er you are a novice or a seasoned investor, you will find it useful. It will help you cut through the clutter and choose
the investment option that best suits your financial situation.
9. Reserve Bank of India on Thursday said
individuals can also use funds under
Liberalised Remittances Scheme (LRS)
to buy immovable property abroad.
Encouraged by an improvement in the
foreign exchange market, the Reserve
Bank on June 3 had raised annual over-
seas investment ceiling for individuals to
$125,000 from $75,000.
"Banks have been allowed to remit up to
$125,000 per financial year, under the
scheme, for any permitted current or cap-
ital account transaction or a combination
Current Affairs : RBI Relaxes Norms To Buy Immovable Property Abroad
oGood service is our motto
July, 2014
Call us at - 079 40322757
of both. Further, it is clarified that the scheme can now be used for acquisition of immovable property outside India,"
RBI said.
The LRS allows residents to acquire and hold shares, debt instruments or other assets outside India without prior
approval of the RBI. In August last year, RBI reduced the ceiling from $200,000 to $75,000 per person in a financial
year under the LRS in view of the worsening current account deficit and a volatile rupee.
Meanwhile, RBI also signed a memorandum of understanding with the Monetary Authority of Hong Kong for
exchange of supervisory information.
10. Properties :
oGood service is our motto
July, 2014
Call us at - 079 40322757
3 BHK Fully Furnished, Luxurious Apartment for SALE,
Prahladnagar, Ahmedabad. Sale : Rs. 1,75,00,000. For more
details contact Amish Vyas : 9924128343
or visit : http://www.remax.in/505004011-128
3 BHK Bungalow For Sale In Serendeep Mansions, Ahmed-
abad. Gujarat. Price : Rs. 2.21 Cr. For more details contact
Ankit Patel : 9825333907
or visit : http://www.remax.in/505004019-198
3000 sq ft, fully furnished, showroom on rent, Off SG Road,
Ahmedabad. Rent : Rs. 2,10,000 Monthly. For more details
contact Atit Fozdar : 9825036406
or visit : http://www.remax.in/505004016-51
Corporate house on Rent in Bopal, Ahmedabad. Rent : Rs.
2,00,000 monthly. For more details contact Aja Shah :
9687274881
or visit : http://www.remax.in/505004003-242
3BHK New Apartment for Sale on Science City Road,
Ahmedabad. Price : 83,38,500. For more details contact
Sudip Kinarivala : 9825077799
or visit : http://www.remax.in/505004029-156
NA Plot for sale in Satyagrah Chhawani, Satellite, Ahmed-
abad. Price Sale : Rs. 4,86,00,000. For more details contact
Premal Jhaveri : 9601288400
or visit : http://www.remax.in/505004039-7
11. Pl
oGood service is our motto
July, 2014
Call us at - 079 40322757
Please send us your reviews
about this Month’s newsletter.
Feel free to give your suggessions
and we will incorporate the same
in coming newsletter. Send your
suggestions to
vparikh@remax.in Or
sansari@remax.in.
407, Shangrila Arcade,
Nr. Shyamal Cross Road,
Ahmedabad - 380015.
Gujarat, India.
Contact: 079-40322757
Email : vparikh@remax.in
Web: www.ahmedabadrealtor.com
/ http://offices.remax.in/Metro
o