REALTY REVIEW – December 2013

Some thought that we are going to hit bigger economic depression all over the world but in the time it was saved. Europe parts survived, so as our state, finally the political unrest is coming to an end. As our approach changed from a market need to a service base organization and stronger we grow in that zone, more comfortable the Real Estate industry will be. At RE/MAX, we started with the promotion presentations in Habsiguda area and did a road show at Vijayawada. Soon, our numbers will grow more in sign ages. Although we did a good job, however far from the numbers which we had put forward in the year 2013 beginning! I always believed in the entrepreneurial journey, there are ups and downs but at the same time, we should be stuck to the basic purpose/goal of why we started and it will be then a fantastic journey ahead. RE/MAX is an associate sponsor for 31-12 NYE 2013 which is happening at JRC convention centre in Hyderabad, this will be a 5th edition of party brand. My philosophy has been always however old we grow we will be young, buzzing, hard working and party hard people. I wish you a fantastic new year 2014 and see you in great spirits. Have a fantastic new year ahead, Love and Regards, A Balajee Kumar RE/MAX Regional Owner abalajee@remax.in

Dear Readers,

Festive Greetings to all! First of all, wishing you all a very happy Merry Christmas and safe year ending of 2013! The year 2013 has been a year of

roller coaster ride for people in businesses.

REALTY REVIEW – December 2013

RE/MAX INTERNATIONAL NEWS 2013 RE/MAX World Long Drive Championship on Television

The world championship of long driving has been an annual event since 1975 and attracts competitors from around the globe.

RE/MAX Honored as Top Corporate Trainer

“Our high level of training and support for RE/MAX agents and our Broker/Owners is what sets us apart from our competitors,” said Mike Ryan, RE/MAX Executive Vice President, RE/MAX, LLC. That success was proven once again this year, in top real estate industry surveys, which showed RE/MAX agents to be among the industry’s top performers.

For the first time in the competition’s history, the RE/MAX World Long Drive Championship will be featured on network television. NBC will showcase golf’s premier power and distance competition on Saturday, Dec. 28 beginning at 4 p.m. EST, 1 p.m. PST. “This is an extraordinary annual event that features golf’s most powerful hitters in the world,” said Mike Reagan, RE/MAX Sr. Vice President, Business Alliances. “We’re honored that NBC has recognized the competition’s remarkable growth in popularity

and will telecast this year’s finals.”

For third consecutive year, RE/MAX University (RU) got recognized as one of best among corporate-sponsored training programs, capturing a place on Training magazine’s Top 125 list. The 14th annual survey ranked excellence in employer-sponsored training and development programs tied to corporate strategic goals and measurable results.

REALTY REVIEW – December 2013

RE/MAX INDIA NEWS

Media Coverage of RE/MAX by PR Company

Reputed editors of various influential media like HT, TOI, ET etc. and RE/MAX have built up various strategic meetings aiming to build RE/MAX as the professional Real Estate Consultants. It is the result of such relationship building meetings with the Chairman that RE/MAX is now gaining a voice in the industry stories and contributory articles.

RE/MAX India has also been featured on two TV shows which are - News 24 for a show on “Career opportunities in Real Estate” and NDTV profit as a part of “The Property Show”

REALTY REVIEW – December 2013

RE/MAX India Expands its Presence in the Country

REALTY REVIEW – December 2013

RE/MAX global network welcomes Abuzar Ghani and Sumanth G as Regional owners of RE/MAX Jammu Kashmir and RE/MAX Southern Karnataka and wish them the very best journey with RE/MAX network.

Congratulations to RE/MAX India Top Transactors

RE/MAX India heading to celebrate its 5th Anniversary

REALTY REVIEW – December 2013

RE/MAX ANDHRA PRADESH NEWS

31-12 NYE 2013 HYDERABAD’S BIGGEST PARTY is back

Get ready for the time of your life this NEW YEAR EVE as we are adding 48000 Square feet of party area (Air-conditioned, 8000 Party revelers capacity) more to the 31-12 NYE celebrations at the brand new JRC CONVENTION HALL, Whisper Valley, Jubilee Hills, Hyderabad.

Experience top-notch bars and world-class food with impeccable Service Experience the awesome V-DOSC SOUND SYSTEM Experience the breathtaking lasers and lights Huge 120ftx120ft Dance floor Top DJs of the country SUPERSTAR DJ Piyush Bajaj with AVJ RVN. ENTRY RATES Couple entry: Rs.4000/-( for couple Entry with Unlimited Whisky/vodka/beer) STAG entry: Rs.3000/-( Strictly with couples only) Kids(6yrs–12 yrs): Rs.500/- Kids (below 6yrs): Free (Nannies available) Room Package: Rs.9999/-(Double occupancy @ Regenta One, Late Breakfast, NYE Entry) Booking ways: Cash accepted and Credit card facility is available.

Special Discount rate For Bulk Booking (>10 couples) is of Rs.3600/-

REALTY REVIEW – December 2013

For getting or booking your Tickets: Visit any Bajaj electronics Showrooms in Hyderabad Visit RE/MAX outlets: Madhapur, Miyapur, Srinagar colony, Jubilee hills, W.Marredpally, Diamond Point. Visit JRC CONVENTION centre, Whisper Valley, Jubilee Hills, Hyderabad Door to door delivery available for tickets Do online bookings @: http://www.meraevents.com/event/31-12_new_year_bash Or you can call us for tickets @ 040-64642001/2/3/4 or +91-8885580812/13/16/21/20/26

An Exclusive Project by RE/MAX in Hyderabad

DUPLEX VILLAS for SALE @ “Sukruti Homes” in Hyderabad

SOME REALTY TIPS & BITES

Renting out space in India Many landlords prefer to rent without a rental contract to avoid tax payments. However, you should insist on a contract as proof of a permanent address in India. You should use the help of a professional real estate agent when setting up and signing a rental contract. Alternatively, you could engage the services of a recognized relocation specialist who will help you through the process.

There are basically two types of rental contracts in India: lease agreements with minimum of 12 months, which are covered by rent control laws and lease & license agreements of up to 11 months, which are not.

Highlight of the property: 1. Integrate Township of 340 villas 2. Customize Floor plan 3. Gated community 4. Children play area, Security & Solar fencing 5. Club house, Gym, Library, meditation Hall, Park, Swimming pool 6. Avenue Plantation etc. 7. Pollution free environment 8. Vaastu compliant 9. Loan available

For more details on location & facilities, click

www.remax.in/512009010-311

REALTY REVIEW – December 2013

Lease Agreements covered by rent control laws have set rents determined by local state governments. Prices are generally determined by the cost of building construction and the land´s market price. Pricing is based on costs of the year of construction. Therefore, older properties are cheaper than newer properties. If an apartment is part of rent controlled housing, its price can only be increased very little each year.

When signing lease agreement for a minimum of 12 months, ownership of the rental property is transferred to the tenant for an indefinite period of time. This causes problems for landlords as there have been many cases of tenants refusing to move out of a flat in India. Court cases can take 10-20 years to resolve.

For this reason, most landlords prefer lease and license agreements. They only guarantee tenants the right to live in the rental object for eleven months. Periodic renewal is possible. These 11-month contracts circumvent rent control laws, giving more rights to landlords.

Payment of the rent Rent is paid in rupees either in cash or cheque, a month in advance. Since bank transfers are uncommon, owners usually don’t accept them. You may be asked to pay a part of your rent in cash and another part as cheque if your landlord is trying to reduce tax payments. Rental prices do not include utilities.

Rental deposits in India Rental deposits in India will usually be around 2-3 months advance rent, but since landlords can set deposit amounts themselves, you may have to pay much higher deposits. An extreme example is Bangalore where landlords have been known to demand up to 10 months rent in advance. This is mainly due to the booming IT industry in Bangalore and the fact that people are actually willing to pay these sums. If you are asked to pay that much, try to negotiate. You will generally have to pay your deposit upon signing the lease. Don’t forget to ask for a proper receipt for the deposit stating that your landlord has received the payment. When moving out you will get your deposit back approximately one week after you and your landlord have checked the rental property for damages. In the event that you move out before the end of your contract you will not get your money back.

For Real Estate Affiliates:

Rental contracts in India will usually be in English, so can be checked before signing. Make sure that any additional agreements made between you and the landlord is specifically stated in the contract. It is also possible to have short term leases for less than eleven months, but rents are usually more expensive.

REALTY REVIEW – December 2013

Send a Different Message to Satisfied Homeowners

These homeowners keep your name in your contacts minds when someone asks them to recommend a real estate agent. We look for your valued feedback or suggestions to bring to you much better related information. Do connect with us through e-mail/ phone or social media.

Constantly making "Sell Now!" and "Buy Now!" real estate

offers to folks who are satisfied with their house can fall on

deaf ears for years! Instead, treat your homeowner as a

homeowner. Rather than sending e-mailers or messages for

selling or buying, concentrate providing messages that offer

helpful advice for homeowners, such as reports on taxes,

cost-versus-value, improvement tips, home safety,

refinancing, market-smart renovations, landscaping do’s and

don’ts.