There is massive demand for low-cost Affordable Housing in India – however there are significant construction technology challenges (low cost construction) and also in evaluating the credit-worthiness of potential buyers.
Affordable Housing in India is defined as the sub-INR 10 Lacs Housing. There is an estimated shortage of about 25 million such houses in URBAN India alone, with the estimation of the same in rural India not even done.
At the halfway point of 2011, the predicted slide in home values in South Florida has not materialized, at least by one estimate that looks back at pricing trends over the first six months of the year.
A new report from data analysis firm Clear Capital of Truckee, Calif., shows that South Florida home prices were up 0.6 percent between January and June, a sign that the market may have stabilized.
Still, prices remain below where they were last year and there are numerous signs that values could still slide further. Clear Capital predicts that prices will fall 1.2 percent over the next six months. At the beginning of the year, Clear Capital’s forecast was much gloomier: a 6.5 percent decline in home prices. <
In last week’s post in which I said flippers generally will not enjoy a robust retirement, I also promised to show how they could avoid that harsh likelihood. There’s an assumption here too. I assume any flipper who’s been successful enough to not only boost their lifestyle but quit their day job, has the wherewithal to separate/create/generate sufficient capital to start a new ‘basket’ — long term investing.
The good news
Skilled and experienced flippers have a big time advantage over the typical buy and hold folks who’re investing for retirement. That advantage is twofold for many, but from the ability to create after tax, lump sum profits. Those profits
White Lodging Services Corp. said it will build a 1,003-room, 26-story the Marriott Marquis Austin Convention Center in downtown Austin following the Austin City Council’s decision to waive $4.3 million in development impact fees.
The Indiana-based owner, developer and operator of hotels said it has secured project equity through internal sources and expects to break ground on the new hotel –its 21st in Austin — in June 2012.
Deno Yiankes, White Lodging’s President and CEO of Investments & Development, said the hotel will be the largest in Austin and will be managed by White Lodging and owned by its affiliates. Opening is scheduled for January 2015. Find more info…
The owners of the former Mortgage Lenders Network headquarters in Wallingford have landed a second tenant.
Burns & McDonnell, an engineering and consulting firm, has signed a 7½-year lease for nearly 28,000 square feet at the sprawling complex on Leigus Road. The space will serve as the firm’s New England regional office, with 130 employees moving from an existing facility in Wallingford.
Last fall, Anthem Blue Cross Blue Shield in Connecticut announced it would lease 217,000 square feet in the building and move its headquarters there from North Haven.
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