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Did you know?Top 10 features of 'Oranje Castle' & Why it's a Most Luxurious Project in #Lucknow

When we say #Luxury , most people connect to things which are very expensive and hard to afford. However actually that's not true all the time. Let's look at one famous quotes on Luxury. "Some people think luxury is the opposite of poverty. It is not, It is the opposite of Vulgarity." Lets look at the top 10 features of Lucknows most famous and desirable #Luxurious Group Housing project # ORANJE CASTLE which Located at very prime location at #Shaheedpath opp #Ekana International cricket stadium. To understand the word Luxury in a simple language. # Unique - Oranje Castle is on of its kind residential project having European Stlye Castle Structure, standing tall and above all. It's Exterior view is just so mesmerizing and glittering like a #Gem when you watch it from a distance # Tailored - this is one of the key feature when its come to sheer luxury a detailed customisable product as per your choice. Similarly Oranje Castle gives you the #Luxury with a variety ...

Did you know?#Sitapur Road-next Hotspot in #Lucknow

Post COVID-19 pandamic #hotspot is considered as a Red or Containment Zone but we are not talking in that context.  Hereby , Our only intension is to educate you and make you aware of the best available opportunities in #RealEstate market in #Lucknow and it's advantages. As we all Know #Lucknow comes under Top-10 developing cities in the world according to the post covid-19 survey where #Economic and #Infrastructure development at its peak. As Lucknow already attracted Billions of Dollars of FDI funds through UP investor Summit earlier hosted by UP Government under the mentorship of our #Hornourable #Prime Minister Shri Narendra Modi ji. Lucknow is a Large City and Expanding rapidly demographically , to make it simple for you let's check out some facts. The existing outer ring road of Lucknow covers approx 64Km distance, Where as new outer Ring road expected to inaugrate by March 2021 is covering 104 Km distance. this is not all, the proposed Outer ring road which is already ap...

Real Estate Vs Stock Market Investing

You can buy a house worth 50 Lacs with only 10 Lacs to start and have someone else (tenants) paydown the Loan amount When you buy stocks, you buy 10 Lacs Of stocks and hope it goes up over time..and it maybe worth less than 10 Lacs. I invested in stocks since I was 20. I also invested in real estate for the past ten years where I bought one a year…I was also a trader (futures) for a year. Real estate (traditional buy and hold) is hands down more powerful. Here is a real life example of the POWER of real estate investing. 1. Positive Cashflow (Rent – Expenses = Cashflow): I purchased a 3bhk apartment in 2009, renovated it and rented it out to a young professional couple. The rent coming in paid for all of the expenses, including property taxes, mortgage, insurance, maintenance and still made 10K + of positive cash per month. After seven years of holding it, I netted over 12 Lacs in cash flow, even with three months of vacancy and maintenance expenses. 2. Appreciation (Increase to prop...

Fractional Onwership- PROS & CONS

 So, what is fractional ownership, what makes it different, and is it for you?   First, let’s answer a few basic questions about fractional ownership.   Fractional ownership FAQs:  How does fractional ownership work?  In fractional ownership, you own a share of the  real estate itself  and are issued a deed for the   Property, not a  time  that you can use the home. This keeps the costs lower than whole  ownership, but you still have access to the home if you are satisfied with the sharing model.  Is fractional ownership a good investment?  Compared to Traditional Real Estate , Yes. With fractional ownership, your share of the  real estate rises as the value of the home rises with the market, just like whole ownership  at a very low risk and management cost.  Traditional Real estate have a very unorganized secondary buying market whereby someone ...

Why People in Lucknow buying Proerties like Crazy?Post Covid-19

Since BRIK ITT  has launched in Lucknow people are buying premium and luxurious residential real estate assets like never before. During this Lockdown Brik itt has sold over 200 brik unit with a ticket size of a 1Crore and more , combine value of properties worth  70 crore, Which is almost 75% of a total Lucknow's market. What's creating the Buzz? The one thing attracting the people most  is its  unique Brik Model which gives power back to the people to choose from wide variety of Luxurious assets at a fraction of its cost to create wealth & generate passive income, upgrade lifestyle and a sense of financial security.  All the properties at Brik itt are fully managed and operated by professionals. BRIKitt take cares of the property from Cradle to Grave and ensures maximum yeild , High growth and above all unmatched and exceptionally well organised user experience to all their # Brik Owners.  User Experience Backed by a Team of professional hoteliers from Top Brands in India...

BRIK ITT- Power of Fractional Ownership in Real Estate

Fractional ownership  is the best kind of  ownership  if you want to invest in your future , family and financial purposes.  Fractional ownership  in Single Family Residences has the highest opportunity to appreciate in value. This is because in the future buyers may want to buy the home as a primary home. www.brikitt.com a subsidary of Money Bricks a decade old Real Estate player in India is changing the trends in Luxury Residential Real Estate Market in India with their unique Brik Model which allows one to co-own Luxurious skybunglows, Pent Houses , Villas and Vacational Homes at a fraction of its cost and earn high rentals on their investment through there fully manage and operated property business model. A Brik is a 1/11 fraction of the property which allows you to use the property or earn rental income for 30days/year. Few key benefits of this unique Brik Model which makes Fractional Ownership more powerful then any other in the Market are: 1) Power to Earn - By owning a Brik y...

#Covid19 - Impact on Lucknow's Residential Property Market

As we have been working in #Residential Property market since a decade, we have observed many ups downs in the segment weather it is Global recession in #2008/09 or #Demonetization or #RERA and #GST coming into effect. By enlarge post #2012 property market started feeling stress of the exponential growth of the past decade which was around #26% annually it means the property rates were doubling in every #3years which increased the #PE ratio more then #50 Compare to #18 or less in #2002. However If we look at #Lucknow's Residential Property market it has started #Time Correction at very beginning of #2013 the only reason was , Lucknow was a smart buyers market on other hand cities such as Delhi/NCR , Gurgaon, Mumbai . Here more than #50% buyers were Millennial and buying properties at very high PE till late #2016 hence Demonetization impacted such market hard and Push them towards #Price Correction, Now it's time for such market to consume time correction for at lest 2-3 Ye...