International real estate is a word that portrays a phenomenon which is striding with globalization since 1980’s. It covers the real property development, sales transactions and leasing undertakings across national boundaries. It won’t be wrong to say that International real estate is one of the most dynamic branches of real estate though it is very much influenced by ever changing market value in different sectors among countries, which was very much depicted by the global credit crisis in 2008. It falls into two categories, viz. commercial real estate and residential real estate in terms of international market. 1) International commercial real estate: In this field transactions occur between corporations and involve legal, urban planning, financing, engineering and other industrial work. Viewing from the perspective of national government the priority of real estate development projects lies in attracting foreign investment because it ensures increment in country’s revenue and thus assures increment in national infrastructure availability. Some factors which are responsible for providing leading growth in this sector can be stated as follows: • Post-war growth in both developing and developed nations in infrastructure and urban development. • Advancement in international investment making investors capable of looking beyond their countries for performing above average. • Business' growth in multi-national business undertakings. 2) International residential real estate: Most of the transactions in international residential real estate is accomplished by people purchasing built units which mostly includes apartments, condominium units and family homes. These investments make the bulk that is often referred to as second home or vacation market or tourism market and are generated by people. If an individual desires to come up with a real estate investment for the institution’s portfolio then the indirect method of investment in this field may cover passive investment in securities that are based on this field. The individual can also enter into this field directly by investing in partial or total acquisition of foreign property. For countries which are developed and hold GDP above threshold level, have 45% of calculated institutional-grade real estate of total national GDP, according to the recent available data. But in order to, figure out the vastness of institutional-grade real estate markets adjustments in developing countries are made because the real estate in those countries can be used only by richer segments of the population of it. In order to get a clear view of it, some of the examples are: • Purchasing a property or house by a citizen of one country in another country. • Purchasing or lease of an office building by corporation headquarters when the purchase is between two countries. • Building of a hotel or a mall by a investment group or corporation of one country in another country. Reasons due to which international residential real estate sector is leading to growth are: The rapid increment in international tourism, increment in the information on web regarding properties and their listing all over the world in one click, the present generation more keen towards more flexible retirement options. For complete information on any project of Imperial Apartments or Sunny Heights from Sunny Basant Enclave contact us now
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