Raising Capital for Real Estate in 6 Steps

Raising Capital for Real Estate in 6 Steps

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Raising Capital for Real Estate in 6 Steps

In real estate, you can make money, but you need a lot of money first. Having money is what gets you in the door. A bank account can be a good way to buy a run-down foreclosure, invest in a duplex or multifamily property, or pay the people who helped you fix and flip the house. To put it another way, you can’t be a real estate investor without it.

The good news is that even for new investors, getting money for real estate isn’t as hard as it might seem. For your first project or your next one are you looking for money to help pay for it? Raising Capital for Real Estate in 6 Steps are given below :

1- A loan for a home or investment property

There are a lot of mortgage loans you could use to pay for your next home project. An FHA or conventional loan could work if you’re buying a home, but if you want to fix it up, you could also use a 203k loan.

Many lenders also have loan program for businesses. Getting these loans is not always easy because they often require bigger down payments and bigger cash reserves.

2- A person who lends money to people

Banks and other well-known lenders don’t have to help you get money for your project. Friends, family members, coworkers, or people who have a lot of money can also help you get a loan, but it’s not the only way. When you borrow money from a private person, you’ll almost always have to pay interest or promise them some return on their money.

The good thing? There aren’t many red tapes or a long process to go through, and you can get your money quickly. Make sure it’s not your long-term answer. They usually want their money back in a few years.

If you are looking for investment in potential project then read this: Silver City Islamabad.

3- A person who lends hard money

Hard money lenders are another way to get money from a private source. They also have a lot less stringent qualification requirements than mortgage loans and other types of financing. The problem, though, is that there is a catch. They also charge a lot more interest than other loans.

Because of this, a hard money loan is best for quick jobs like fix-and-flip or as bridge financing between buying a house and getting a long-term loan. This is why.

4- Crowd funding is the fourth thing we’ll talk about today

You’ve probably given money to a GoFundMe or Kickstarter campaign in the past. Well, real estate crowd funding is also a good way to make money. When you start a project, you put it up on a crowd funding site, and people who want to help you can do so as they see fit. Instead, they get a share of the project (and its profits).

Fund That Flip and Ground floor are two of the most common crowd funding platforms.

5- P2P loans

P2P lending (peer-to-peer) is another way to get money. It works more like a loan than crowd funded deals do. A P2P lending platform lets you post your project, and you get matched with someone who wants to help. They then give you the money you need, and you’ll pay them back over time with a little extra money. PeerStreet is a well-known P2P lending platform.

As with traditional mortgage lenders and banks, not all ways to raise money are the same.

6- Loans for home equity

If you already own a home or two, you can only use this one. As a result, you can get a loan or line of credit (HELOC) from your home and use the money to pay for your next real estate deal or the costs to fix it up.

A cash-out refinance works the same way. You’d refinance the mortgage on a house you already own, get a bigger loan, and put the difference toward your new project.

Conclusion

Almost no investors have all the money they need at starting a new business deal. Fortunately, getting money for real estate investments isn’t as hard as it looks. Need more help getting your next real estate deal or investment opportunity off the ground? It is the place for you. This guide to financing can help you get the money you need.

Got a $1,000 bill? Those are the ten things we’d buy right now.

Analysts on our team think this is a good idea. These ten real estate plays are the best ways to make money with real estate in the short term. When you sign up to be a member of Real Estate Winners, you’ll be able to read our ten best ideas and get new investment ideas every month.

Estate Land Marketing is there to provide more information if you need any and if there is any question, feel free to contact.

 

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Top 10 Investment Strategies for your Retirement

Top 10 Investment Strategies for your Retirement

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Top 10 Investment Strategies for your Retirement

People invest to save money for a good retirement. The best way to save for retirement is to find the right mix of risk and reward in your investments.

Here are top 10Investment Strategies for your retirement to make the best decisions with your retirement savings.

1- Build a Total Return Portfolio

You want it to make money for 10- to the 20 years when you invest your money. It should be at least as much as you want to take out each month.

Investing money should be split between stocks and bonds, and cash should also be part of the mix. People often build a stock and bond index funds portfolio or work with a financial advisor. The portfolio should be made up of things that make money for about 7% to 10% in the long run.

During its life, you’ll need to move money around so that the rate of risk and return match up. There are many ways to do this. Most people use an equity glide path strategy to change their assets based on how the glide path you choose works for them. It is one of the most common.

Systematic withdrawals follow a set amount of money to be taken out. In general, you take out 4% to 7% of your money each year, and you increase your withdrawals each year to account for inflation.

2- Retirement Income Funds are the best way to get money for your retirement

A retirement income fund is a different mutual fund than the rest. You put money into the fund, and it is run for you. It is called a fund. In this case, the managers spread your money out across a wide range of stocks and bonds for you. When you open an account, you must put in a certain amount of money. The fund managers will rest, letting the money grow in value. Retirement income funds are great if you want someone else to manage your money and you have a few decades to let your money grow.

3- Invest in Immediate Annuities

It’s not good to invest in annuities because they aren’t good for you. They are there to make money for when you retire. The idea is simple: You give the annuity provider a lump sum of money, and they promise to pay you a certain amount of money at certain times. It’s common for immediate annuities to start making payments to you in less than one month.

Immediate annuities are a good choice for someone who has enough money to retire but spends too much.

If you’ve saved up $250,000 for your retirement, what would you do? The fund managers will do the rest, letting the money grow in value, and they will do it all. You might need help. For example, you put the money into a short-term annuity, and the company agrees to pay you $1,500 a month for the next 25 years.

The insurance company knows that they can invest the money you give them and make more money, which means more money for you and more money for them. If the annuity grows by 6% a year, they can pay you $1,500 a month. Make sure your annuity lasts for the length of time they said it would, and the annuity company will get their cut.

4- For the Yield, buy bonds

A bond is a loan to the govt, a business, or a city or town. People agree to pay you interest for a certain amount of time and return the money you loaned them (the principal). People who invest in bonds or bond funds can get a steady source of money for their retirement if they plan their maturities well. It is called a “yield.”

There are three companies that rate bonds: Standard & Poor, Moody’s, and Fitch. It helps you figure out whether the bond issuer will be able to pay the interest and return your money.

People can buy short-term, mid-term, and long-term bonds. Bonds have different interest rates. Some bonds have variable interest rates (called floating rate bonds), and others have fixed rates that can’t be changed.

High-yield bonds have higher coupon (yield) rates, but they aren’t as good as other bonds. Because low-yields are less risky, they get better quality ratings. Each can be used in a retirement plan differently.

Many different bonds can make a bond ladder for the retired. In this strategy, you use the maturity dates of bonds to make sure your money needs are met at any given time. Asset-liability matching or time-segmentation are two terms for this type of investment.

In this strategy, the goal is to hold on to the bonds until they are paid off. Starting in May of 2040, if you want to retire and need your first payment, you will buy a $1,000 bond that will mature in May 2040. This bond will pay you back $1,000 when it is done. In the next step, you’d buy one that ripens in June. Then, in August, and so on.

 

You keep doing this until you have money for every month that you’ll need. A good time to use this strategy is to buy bonds that don’t pay dividends but whose face value is more than you paid for them.

Buy bonds for the money they make or for the money you’ll get when they mature, not for high returns or to make money.

5- Make a deal to buy a rental property

People who buy a rental property also called “inventory property”, can have an easy way to make money when they’re old.

Investment property is a business, not a way to make money quickly. For people who know a lot about real estate or want to make it a business, rental real estate can be a great investment for retiring people.

There will, of course, be maintenance costs and other costs that you need to think about. Before buying a rental property, one should figure out how much it will cost you to own it for the length of time you plan to own it. It would help if you also thought about vacancies.

A lot of places you can get help. Consider reading interesting books on real estate investing, talking to people who rent out their homes, and joining a real estate club.

If you want to start to invest in real estate, make sure you do your research first. It would help if you were completely ready before investing in real estate.

If you are looking to invest in some potential project, read this Blue World City.

6- Make sure you get a Variable Annuity with a Lifetime Income Rider when you buy it

It is not the same as an immediate annuity, a type of investment that pays a set amount of money every month for a set amount of time. If you want to add extra protection, called “riders,” to your investments, you’ll have to pay extra money. 2 Think of a rider as an umbrella. You may not use it, but it is there to protect you in the event of an accident.

As you can see, there are a lot of different names for riders that provide income, like living benefit riders, guaranteed withdrawal benefits, lifetime minimum income riders, and so on. They all use different rules to determine what kind of guarantee they give.

It’s hard to understand variable annuities, and many people who sell them don’t know what they do or don’t do. Riders cost money and often have variable annuities about 3% to 4% annually. 3 That means that the investments have to make back the fees and more to make money.

Before you decide whether or not to insure some of your income, think very hard about it. You need to figure out how to buy the annuity, how the income will be taxed when you use it, and what happens to the annuity when you die. You can buy the annuity in an IRA or with money that you don’t have in an IRA.

7- To keep some safe investments, you should keep some money in the bank

Your retirement investments should always have a backup plan. The main goal of any safe investment is to protect what you have rather than make a lot of money right now.

All retirees should have money set aside in case they need it. This account should not be counted as a source of retirement income. As a safety net, it is there if unexpected costs come up while you’re in your golden years.

8- Income-Producing Closed-End Funds are good to invest in

A closed-end fund is an investment company that sold shares in its first public offering (IPO). After they have money, they buy stocks with it. The company then puts its shares up for sale on the market.

It’s not like money moves in and out of the fund. It doesn’t happen. Instead, closed-end funds are set up to make money monthly or quarterly. Some people get their money back. It can be in the form of interest or dividends.

For each fund, there is a different goal. Some funds own stocks; others own bonds; and still, others use what’s called a “dividend capture strategy.”

They borrow money from the securities in the closed-end fund to buy more income-producing securities so that they can pay out more money in dividends. It is called “leverage.” Leverage means that there is more risk. Expect the value of all closed-end funds to change.

Closed-end funds may be a good investment for some people who have a lot of money saved up for retirement. More experienced investors should stay away from them or use a portfolio manager who specializes in closed-end funds to own them.

9- Take a look at Dividends and Dividend Income Funds

You can buy a dividend income fund to buy stocks that pay dividends. Those who work for these funds invest in dividend-paying stocks and make sure they stay that way. For people who plan to retire, dividends can be a steady source of income that could rise each year if companies raise their dividend payouts.

However, dividends can also be cut or stopped in bad economic times.

There are a lot of publicly-traded companies that payout what is known as “qualified dividends.” The dividends are taxed lower than ordinary income or interest income.

Be wary of dividend-paying stocks or funds that pay out more money in dividends than the rest of the market. High yields always come with more risks. If something is paying you a lot more money, it is doing so to make up for you taking on more risk. Don’t invest before you know how much risk you’re taking, and don’t invest until you do.

 

10. Capital should be put into Real Estate Investment Trusts (REITs)

A mutual fund owns real estate called a real estate investment trust. A team of experts takes care of the property, collects rent, pays the bills, collects management fees, and gives the rest of the money to you.

REITs can specialize in a single type of property. Apartment buildings and office buildings are two types of REITs. Hotels and motels are three other types of REITs. Some REITs aren’t traded on the stock market. They are usually sold by a broker or registered representative who gets paid.

If you looking to invest somewhere or need any consultation regarding to investment opportunities, feel free to consult Estate Land Marketing.

 

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How to Buy a House with Bad Credit?

How to Buy a House with Bad Credit?

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How to Buy a House with Bad Credit?

How to buy a house with bad credit? If you want to move out of a rental and set down roots for a while. It can be a good move for both your life and your money. It’s possible, though, to buy a house with bad credit. You might wonder if that’s even possible.

Here, we’re going to answer that question. When you buy a home with bad credit, we’ll also talk about the steps you can take to ensure you have the best chance of success.

Is it possible to buy a house with bad debt?

With bad credit, it may not be easy to buy a home. You can still do it. Plan and prepare before you start looking for a house. However, it is a unique process for everyone. Buying a house with bad credit may not be in everyone’s future, as there are many things to think about. These things include:

How bad your credit is shown in this way?

What is your source of income? How much money do you make? Is it steady?

Other debts you have:

Whether lenders in your area will work with you. Here, we’ll go into more detail about some of these factors and how you can use some of your strengths to get over your weaknesses.

How to buy a house with bad credit?

These steps will help you figure out where you stand and what to do if you want to buy a house with bad credit.

1- It’s important to check your credit report

There’s no doubt that the first thing to do is figure out where you’re starting from and what your credit score is. annualcreditreport.com is where you can get the most official report, but you can only get one a year for free.

It will give you a report from all three of the main credit bureaus, so you can see how your credit is. The specific bureau may give you a different score, but they’ll all be in the same general range.

There are also free services like CreditKarma that let you check your score more often and watch how it changes. CreditKarma takes your Equifax and TransUnion scores into account. To help you to evaluate how healthy your credit is, the different credit score ranges are broken down into these groups:

  • Among the best: 800-850
  • It’s good: 740-799
  • 670-739
  • 580-669
  • Poor: Less than 580

If you have a score in one of the top two ranges, you will get the best interest rates. In the bottom two, you will have difficulty getting approved for loans. The “good” range isn’t very good, so you might not be able to get every offer when you hit 670, but you’ll have more options.

2- Be ready to pay more interest on your mortgage

A low credit score makes it riskier for lenders. To make up for the risk, they will usually charge a higher interest rate on any loans they offer to people (e.g. a 5 per cent annual interest rate instead of 3 percent with a good score).

It adds up gradually when you think about how long a mortgage lasts. This article gives examples of how your credit score can affect your mortgage rate and how much more you might pay over time, so you can see how much more you might pay.

Even if you start with a high-interest rate on your mortgage, that doesn’t mean you’re stuck with that rate for the rest of your life. Then, when your credit is better, you can think about refinancing your mortgage to get a better rate.

If you are looking for investment in a potential project then read this: Silver City Islamabad.

3- Pay off all your other debts

This is how much debt you have compared to your income. It can be even more important to a lender than your credit score. The name of this measure is very clear. It is a good thing. It just looks at how much you pay in debt each month and how much you make each month.

It lets lenders get a sense of how much other debt you have and how much of your income you can spend on the rest of your monthly bills.

If you want to figure out how much you owe, add up all of your monthly debt payments (such as credit card payments, car loan payments, and student loans), as well as the future mortgage payment you’re planning. Once that is done, divide it by your typical monthly income. Lenders prefer DTI ratios less than 36%.

If you have a lot of other debts that you have to pay each month, plan to work on them before you start looking for a house. Loan lenders will be happy to see that you have paid off your other debts. It will help your credit score, and it will also lower your DTI. Learn how to pay off the debt in six steps here!

4- Figure out how much money you have

Set a budget and figure out how much money you can spend before you start looking for a house that’s out of your price range.

House poor: You don’t want to buy more house than you need and be broke. It means that you spend a lot of your money on your mortgage and other home expenses, and you don’t have much left over to save, invest, or use for other things.

If you have bad credit and want to buy a house, you’ll probably have to pay a lot more in interest. It is even more reason to buy below your means.

A good rule of thumb is not spending more than 28% of your annual gross income on a mortgage. You’ll want to have a look for a house and mortgage that costs no more than $14,000 per year or about $1150 per month.

Because even though you don’t have to include other home-related costs in this 28%, you should still think about them. If you buy a cheap fixer-upper because it needs work, find out how much it will cost to do it. This way, you don’t get caught off-guard.

5- Make a down payment

When you have bad credit and want to buy a house, saving up a big down payment can make it easier to get a loan from different lenders. A chunk of the purchase price means getting less money from the bank.

As a bonus, every dollar you can save up for a down payment is a dollar that won’t be adding to your mortgage interest. When buying a home, it’s best to put down 20% of the price. It will help you get a better deal on the home.

You can use this number to figure out how much money you owe on your home and how much it’s worth.

To buy a home for $150,000, you’ll need to come up with $30,000 as a down payment. It means that your mortgage loan will be $120,000. Loan-to-value ratio: When you compare the loan amount to the home’s value, you get a figure of 80%.

If you only put down $10,000 and get a $135,000 loan, the LTV ratio would be 90%. Getting a loan from a lender doesn’t like when the LTV ratio is very high. It is because if you don’t own much of your home, you’re more likely to default on your loan. As a result, they may charge you more for a loan if your LTV is more than 80%.

There is a good chance that you’ll also have to pay for PMI if your LTV is more than 80%. (private mortgage insurance). If a borrower doesn’t pay back their loan, this insurance will help the lender. Because you have a smaller down payment and are seen as riskier, you pay PMI in exchange for them being willing to insure you.

This doesn’t mean that you have to save 20% of your down payment. As long as your rent is high, you might still be better off buying a home even though you’ll pay more in interest and PMI. You can get in, of course.

Suppose you can pay 20% or more. Is it going to take a long time? Don’t give up. These tips will help you save money for a down payment. Be patient; you’ll get there in the end.

When your bank account reaches your goal down payment amount, keep saving money to cushion if you can’t make the payment. It’s still important to have money set aside in case of an accident. This way, you’re ready for unexpected costs and life changes.

6- Use an FHA loan to get more money

Federal Housing Administration (FHA) loans are made to help people who might not get a traditional loan buy a home. They’re great for first-time homebuyers because they usually don’t require as much money as a private lender might.

You must have a credit score of at least 580 to get an FHA loan with a 3.5% down payment. It takes a 10% down payment to get an FHA loan if your credit score is 500-579.

Getting an FHA loan sounds great, but a few things can go wrong. We talked about PMI above. Even though it looks different with a federal loan, it’s still the same idea. You’ll have to pay for two types of mortgage insurance premiums (MIP).

In the beginning, you’ll have to pay 1.75 percent of your loan amount in upfront MIP, which is a single payment. It can be paid when you close your loan or add it to its top.

A yearly MIP is a recurring payment that ranges from 0.45% to 1.055% of the base loan amount each year. There are 12 monthly payments each year, and you’ll pay the annual MIP for 11 years or the life of your loan, which is when the loan is paid in full. As your loan balance goes below, your annual MIP also goes down because it’s charged as a percentage, which means that it goes down as your loan balance goes down.

As an example, let’s look at our $150,000 house again. We’ll say you put down $15,000, so your FHA loan amount is $135,000. It is how it works: Starting in the first year, you’ll pay anywhere from $600 to $1350 each month for your MIP. The more expensive the house and the less you put down, the more both types of MIP will cost.

There are some other rules for FHA loans, too, besides the extra insurance costs. You’ll need to have worked for at least two years, work with an FHA-approved lender, and buy a house that’s less than a certain amount based on where you live.

7- If you think you might be able to get a VA or USDA loan, check to see

You can get two types of credit-friendly loans if you are a veteran or low-income and live in a USDA-eligible rural area.

Loans from the VA are available to service members, veterans, and their surviving spouses. Competitive interest rates, government support, and low or no down payment requirements are some of the advantages of a home loan. There are different requirements for credit scores from different lenders, and these requirements change. However, they have to look at the whole loan profile instead of just looking at your credit.

USDA loan program: The United States Department of Agriculture helps low- and middle-income people buy homes in rural areas. People who apply for loans don’t have to pay PMI, put down money, or have good credit. Lenders look at other parts of their financial history instead.

8- You can improve your credit score by getting a new credit card

As we said, your credit score is very important for the interest rate you get.

So, it’s a good idea to work on your credit as much as you can before you decide to buy a house. If you want to own a home in the future, start taking steps to improve your credit as soon as you can.

Allow enough time so you can see progress. This way, you’ll be on your way to getting the best interest rate possible based on your better credit score, so do this now.

Conclusion

If you take these strategic steps, you can buy a house even with bad credit—a goal to work toward, even though you can’t buy a house right away. You’ll get there.

It’s all about making sure you’re on the right path to becoming a homeowner!

Estate Land Marketing is there to provide more information if you need any and if there is any question, feel free to contact.

 

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Ex-SBCA executives Nasla Tower builders, indicted

Ex-SBCA executives Nasla Tower builders, indicted

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Ex-SBCA executives Nasla Tower builders, indicted. The Anti-Corruption Establishment (ACE) has issued a FIR against former Sindh Building Control Authority (SBCA) officers and others in connection with the Nasla Tower case.

Inspector Zahid Husain Mirani of the ACE filed the FIR on behalf of the state against officials of the SBCA and its master plan department (MPGO), as well as SMCHS office-bearers and members, for violating pertinent provisions of the Pakistan Penal Code and other laws.

A preliminary investigation was launched in response to a Supreme Court mandate. During the course of the investigation, pertinent papers were obtained from the SMCHS, SBCA, Mukhtiarkar of Jamshed and Ferozabad, KMC, and MPGO, as well as witness testimony.

Read more with EL news : President Alvi arrives in the port city of Gwadar

According to the FIR, the management of SMCHS, in collusion with Muzamil Amin Darzi, the plot’s owner/attorney, issued letters in 2006-07 for the allocation of 264 square yards of additional land (meant for amenity/service road) and forwarded the matter to the MPGO for conversion of land use from residential to commercial for 1,044 square yards without proper title documents for the plot (sub-lease of plot was only for 780 square yards).

“As a result of this increase, Mukhtiarkar Jamshed Town Khair Mohammed Dahri maintained illegal entry,” the statement stated.

According to the FIR, an additional 77 square yards of land was permitted in 2010 and the matter was sent to the MPGO for conversion from residential to commercial use for 1,121 square yards.

The ACE has named 21 suspects in their FIR. They include former SBCA directors general Manzoor Qadir Kaka and Ashkar Dawar; ex-director Ali Mehdi Kazmi of the former EDO (MPGO) Wilayat Ali Data; and SMCHS chairman Galib Mansoor, honorary secretary Naveed Bashir, and members Islam A. Khan, Mohammed Asif, and Younas Hashim.

Keep up with Estate Land Marketing for news and updates.

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President Alvi arrives in the port city of Gwadar

President Alvi arrives in the port city of Gwadar

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President Alvi arrives in the port city of Gwadar. Gwadar, Pakistan – President Dr Arif Alvi arrived in the port city on Thursday for a two-day visit. He will preside over a high-level meeting and attend briefings on various issues, including ongoing development projects in the port city. Dr Arif Alvi will also attend briefings on various issues, including ongoing development projects in the port city.

Read more with EL news : Navy golf course: The government will appeal the IHC decision

President Alvi was greeted at Gwadar International Airport by Balochistan Governor Syed Zahoor Ahmed Agha, Chief Minister Mir Abdul Qudoos Bizenjo, and Chief Secretary Mathar Niaz Rana.

Several other authorities, including Commissioner Makran Shabbir Ahmed Mengal, Deputy Commissioner Gwadar Jameel Ahmed Baloch, and others, were also present.

Keep up with Estate Land Marketing for news and updates.

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Continuance of work on the Dasu dam site

Continuance of work on the Dasu dam site

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‘Continuance of work on the Dasu dam site’. Zhao Lijian, a spokesman for the Chinese Foreign Ministry, said that media reports that the Chinese contractor had left the Dasu dam project site were not true.

On Thursday, Zhao told the International Press Center (IPC) that he didn’t know if the contractor had set any rules for restarting work on the dam site.

That situation you talked about isn’t one I’ve heard of. Dasu hydropower project: “As far as I know, it’s back up and running.”

Read more with EL news : Dasu Dam project is proving difficult for a Chinese contractor to resume work

In July, ten Chinese and four Pakistani nationals were killed in a terrorist attack on the dam site. Another 28 people were hurt. He said that the China-Pakistan Economic Corridor (CPEC) was moving forward even though a strong wind was coming from the virus.

People who say there has been a slowdown in work on CPEC, which is part of the Belt and Road Initiative (BRI), don’t believe him.

Mr. Zhao said that CPEC was based on the idea of joint consultation and making a contribution for the benefit of everyone. In the last few days, the president of Pakistan, Dr Arif Alvi, Prime Minister Imran Khan, and some media have all said good things about the CPEC flagship project’s progress.

A spokesperson said it took a lot of money to build the train, and the authorities who were involved were talking about it.

He said “pure disinformation” had been spread about the CPEC project in the past three and a half years. ‘Work on the Dasu dam site is still going on.’

Keep up with Estate Land Marketing for news and updates.

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Tips for Calculating Square Footage in a Home

Tips for Calculating Square Footage in a Home

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Introduction

Many people don’t know that there are some tips for calculating square footage in a home. There is no national standard for measuring the residential property, so they don’t know how to measure the square footage of a house. Because of that, people tend to measure square footage a little different. So it’s very easy to measure square footage incorrectly because there aren’t any set rules for measuring. It has happened a lot. It can affect the value of your own home. It is important to be as precise as possible when figuring out the square footage of your home because that number can affect the value of your own home.

Square footage rules also vary from state to state. If you live in a state that requires you to give out square footage information, you may have to do so. In other states, you don’t have to. There are rules in Raleigh and Charlotte about how much space a home has to be told people about.

Importance to know the exact Square Footage

Is it important to you if the house is 2,000 or 2,500 square feet? It might not be. You should think about more than just the square footage when you buy a home, like the home’s upgrades and extra features. The space it has for you outside, and where it is in the neighborhood, too.

When we buy a house, we need to know how many square feet it is. If you decide to sell your home later, that number could affect the price. After a few years, if you decide to sell the house, you can put the price at the same level as homes that sold for 2,500 square feet. For people who want to sell a home in Raleigh to ensure that the square footage is measured correctly, they and the agent will have to pay money.

Buyers may also walk away from a deal if they make an offer on a home and later find out that it’s 500 square feet smaller than they thought it was.

Situations like this have happened before. They happen when there are a lot of homes for sale and buyers have a lot to choose from, which is why this is an extreme case.

If you are looking to invest in a potential project then read about Kingdom Valley.

How to figure out the square footage of home?

Figure out how many square feet you have isn’t that hard. To figure out how many square feet a room is, multiply the room’s length by the width. How many square feet does that take to fill a room ten feet long and twelve feet wide?

You should measure each of the alcoves in the room on their own and add them together when you figure out how big the room is. If the 120 square foot room has a nook that is 3 x 3, the total size of the room will be 129 square feet.

To figure out how many square feet a house is, do this in every room. Before adding up the total for each room, measure it. With three rooms that measure 120, 80, and 230 square feet, your home will have 430 square feet of space.

To figure out how many square feet a room with closets is, you should do this:

To figure out how big a room with many closets is, measure each one individually and multiply its length and width. Suppose your closet is 3 feet wide by 8 feet long. The total space of your closet is 24 square feet. Finally, add up how much space there is in each closet, plus how big the room is.

So, it would go like this:

It is the length x width of the room.
Clothes Closet 1: Length * Width = B
Length x Width = C
People can figure out how big the room is by adding A, B, and C.

Conclusion

While knowing your home’s square footage is very important, the downside to figuring out square footage is that it’s a guess. Everyone doesn’t use it to figure out how much single-family homes are worth. Some real estate agents and homeowners may use proper guidelines to figure out how much a home is worth. Also, the rules for square footage vary from state to state. If a home is for sale, some states may require that its square footage be included in its listing description, while others may not. For more information or any query you may contact Estate Land Marketing.

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Silver City RDA approved society best option for Investment

Silver City RDA approved society best option for Investment

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Silver City Housing Society

Laaraib Associate & Developers and SAREMCO Group are the primary developers of the Silver City Housing Scheme. Silver City was founded in the middle of 2018 to establish a contemporary housing society focused on affordable housing for the middle class and environmentally responsible living. It is a society that the RDA has approved. The project’s proximity to the New Islamabad International Airport is a major selling point.

Rawalpindi’s Silver City Housing Scheme is a cutting-edge initiative. This project attracts investors due to its lush vegetation and natural surroundings. The silver city offers a serene setting and a refined way of life. The sophisticated and elegant facilities of the master plan make it an ideal investment option for 2022.

Silver City Housing Scheme CEO

Muhammad Iqbal is the Chief Executive Officer of Silver City Housing Scheme, a pioneering eco-friendly community in Pakistan.

Developers of Silver City Housing Scheme

The Silver City Housing Scheme Rawalpindi was developed between Laraib Associate & Developers (PVT) Ltd. and the SAREMCO Group. The developers have taken great care to strike a balance between luxury and affordability.

The Laraib Group and the SAREMCO Group are well-known property developers in Pakistan. Both organizations have completed several property projects to the complete satisfaction of their clients.

Additionally, the firms have experience in various other fields, including developing power projects for the Pakistani government. Such a diverse and well-established group of businesses is unquestionably a gold mine for Pakistan’s real estate market.

Read more about Blue World City.

Silver City Housing Scheme NOC

The Rawalpindi Authority has duly approved the Silver City Housing Scheme Rawalpindi’s No Objection Certificate (NOC) (RDA). Approved projects, such as Silver City, have a greater chance of timely and high-quality property development.

Location of Silver City Housing Scheme

The Silver City Housing Scheme Rawalpindi is located on Girja Road, near the Thalian Interchange.

Location on the map indicates that it is easily accessible, suggesting a livable housing project in Rawalpindi.

 Accessibility of Silver City Housing Society

Silver City Housing Society Rawalpindi is extremely accessible.

It is accessible via the following ways:

  • Accessed via Girja Road
  • Approximately a 12-minute drive from Thalian Interchange
  • The M2 Motorway is about a 13-minute drive away.
  • About 19 minutes from Srinagar Highway
  • Roughly a 20-minute drive from the M-1 Motorway
  • About 31 minutes from Rawalpindi – Kohat Road
  • Islamabad International Airport is roughly a 15-minute drive away.

 

Justifications for Investing in Silver City

Silver City Islamabad is a joint venture between Laraib Associates and Developers (PVT) Ltd and SAREMCO Group. It is located on Rawalpindi’s Girja Road, near the Thalian Interchange. This housing venture aspires to be a leader in the Rawalpindi and Islamabad housing markets. Additionally, it provides a tranquil living environment with exotic views of the Margalla Hills’ lush greenery. This real estate venture’s modern and luxurious amenities make it the best investment opportunity for 2022.

Excellent Location

Most importantly, it is directly connected to Rawalpindi’s Ring Road. Other notable housing developments, such as CBR Phase 2 and Up Country Enclosure, are located within a few kilometers of Silver City. The housing society is located on Girja Road, less than ten minutes from Islamabad’s New International Airport and twelve kilometers from Quaid-e-Azam Hospital near Peshawar Road. Additionally, Silver City Islamabad is easily accessible via alternate routes.

  • M2 Islamabad-Lahore Motorway is approximately a 12-minute drive from Thalian Interchange.
  • Approximately 19 minutes from Srinagar Highway.
  • The hotel is approximately a 20-minute drive from the M-1 Motorway.
  • Around 31 minutes from Kohat-Rawalpindi Road, the New Islamabad International Airport is just under a 15-minute drive.

NOC’s Current Status
The Rawalpindi Authority has approved the Silver City Housing Society’s No Objection Certificate (NOC). Such approved real estate projects are highly likely to be developed quickly and high-quality manner.

Masterplan

This housing project’s master plan is a marvel of architecture, art, and systematic development. All modern world-class amenities are incorporated into its master plan, which depicts a state-of-the-art living environment in vivid detail.

Reasonable payment Plan

Silver City Islamabad offers affordable payment plans with easy installments. The developers of this project have paid close attention to this issue, resulting in a reasonable investment opportunity for real estate investors.

Notable characteristics

The Silver City Islamabad offers modern amenities at an affordable price. Facilities must be an integral part of any opulent housing project to be classified as a complete residential project. The following distinguishing characteristics set it apart from other housing developments.

A sustainable environment

The housing development will combine a close-to-nature lifestyle with modern conveniences. Such a sustainable environment aims to provide an experience unlike any other in Pakistan’s housing societies. The project developers have even set aside a sizable portion of land to develop green spaces such as botanical gardens or parks.

Grand Mosque

The developers of this project intend to meet all of the resident’s needs, including religious ones. Thus, they would build a magnificent grand Jamia mosque. This mosque would be intelligent, incorporating various contemporary architecture and technology forms.

Resources of Water

The developers of this project would construct reservoirs to store a large amount of water used daily by the inhabitants. Additionally, they would build filter plants to ensure that residents receive purified drinking water.

Graveyard

The graveyard continues to be an integral part of any housing society’s residents. As a result, residents would have the option of burying their deceased relatives within the housing society and praying for their eternal success. Additionally, they would be able to visit their graves without traveling far.

Municipal Center

Community centers serve as a focal point of social life by allowing residents to spend their free time. The developers of the project envision such a center, where residents can participate in various social activities.

Services

The developers of this project have given special consideration to the health facilities available to their housing society’s residents. As a result, they construct state-of-the-art clinics and hospitals equipped with world-class amenities. These health centers would address residents’ medical needs. There would be a 24-hour emergency room in those health centers, with medical staff available to patients at all times.

The complex of Educational Institutions

As education continues to be a top priority for residents, the management has set aside a sizable portion of land to develop a state-of-the-art educational complex. The developers intend to establish schools and other educational institutions to provide residents with an international standard of education. These institutions would employ highly qualified teaching staff with foreign degrees in their respective fields of education.

Commercial Center

Developers of this project have set aside a sizable area for business activities. This area would include shopping malls, corporate offices, and other grocery stores necessary to meet the residents’ daily needs.

Conclusion

The primary objective of this Silver City Islamabad is to provide residents with cutting-edge amenities. Its distinguishing characteristics of any housing project are its luxurious amenities, affordable prices, and exotic location. Estate Land Marketing recommends that real estate investors seize this once-in-a-lifetime opportunity to invest in this venture. Additionally, interested parties should contact Estate Land Marketing for additional information.

 

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Suggestions for the location of Islamabad Cricket Stadium

Suggestions for the location of Islamabad Cricket Stadium

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On January 13, a site was proposed for the Islamabad Cricket Stadium. The stadium is expected to seat nearly 60,000 people.

Read more with EL news : Navy golf course: The government will appeal the IHC decision

Amir Ali Ahmed, Chairman of the CDA, Deputy Commissioner Islamabad Hamza Shafqaat, Ali Nawaz Awan, Commissioner Rawalpindi Syed Gulzar Hussain Shah, and CDA Member Engineering Sayed Munawar Shah, among others, attended a review meeting presided over by Planning Minister Asad Umar.

At the meeting, the CDA presented the cricket stadium’s design and proposed location. Chairman Ahmed advocated for the stadium’s construction in Saidpur.

Additionally, Planning Minister Umar directed the CDA to conduct a study of alternative project locations. The CDA was directed to seek another location and to present both identified locations, along with the design, to Prime Minister (PM) Imran Khan for final approval.

Notably, the CDA will provide the land for the stadium, while the Pakistan Cricket Board (PCB) will construct it.

The meeting also approved the signal-free Srinagar Highway project and the landfill’s relocation to Mandra in Rawalpindi, according to reports. Suggestions for where the Islamabad Cricket Stadium should be built.

Keep up with Estate Land Marketing for news and updates.

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Navy golf course: The government will appeal the IHC decision

Navy golf course: The government will appeal the IHC decision

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Navy golf course: The government will appeal the IHC decision. The federal government has decided to appeal the Islamabad High Court’s (IHC) ruling that declared the military’s allocation of approximately 8,068 acres of land in Islamabad’s National Park area to be illegal.

According to sources in the Attorney General’s (AGP) office, Additional Attorney General Qasim Wadood has been directed to file an intra-court appeal (ICA) against the judgement of IHC Chief Justice Athar Minallah.

According to sources, Attorney General Khalid Jawed Khan expressed an inability to represent the relevant ministry. Additionally, it is learned that the AGP office has authorized aggrieved departments to retain free private counsel.

Read more with EL news : Seven unlawful structures have been sealed of Murree

The Islamabad Wildlife Management Board (IWMB) has directed the Pakistan Navy to carry out the IHC decision until Friday. On the other hand, the Pakistan Navy has requested additional time until the ICA is resolved.

Continue reading: Pakistan Navy unable to file an appeal directly; will need to engage defence secretary: IHC.

“You are requested to ensure compliance with the IHC order by removing all fences, walls, and other equipment in the area to vacate the Margalla Hills National Parkland so that it can be restored to its natural state by IWMB,” the letter to Pakistan Navy reads.

Additionally, it is understood that the AAGP, acting on behalf of the government, will appeal to the ICA the January 7 judgement regarding the demolition of the Pakistan Navy club.

IHC determination

“The Pakistan Army’s claim for 8,068 acres of land within the notified National Park area violates the Ordinance of 1979 read with the Ordinance of 1960 and the Master Plan,” an 11-page judgement authored by IHC Chief Justice Athar Minallah stated.

“The claim is also inconsistent with the applicable laws governing the management of lands used by the armed forces. The federal government lacked the authority to authoriZe the directorate’s use of 8,068 acres of land within the notified National Park area,” the judgement stated. “Neither the directorate nor its agents have the authority to own, use, or retain any land within the notified National Park area.”

According to the order, the Remount, Veterinary, and Farms Directorate lacked jurisdiction and authority to execute the alleged agreement with Monal Restaurant dated September 30, 2019. “Rent recovered by the directorate from Monal Restaurant was also obtained in violation of the directorate’s legal authority and jurisdiction. “Within 60 days of the date of the order, the Ministry of Defence secretary shall ensure that the rent received by the directorate is recovered and deposited in the exchequer.”

Additionally, read: Army receives 8,068 acres of land in National Park area ‘in violation of law’

The court determined that Monal Restaurant’s lease agreement with the Capital Development Authority (CDA) had expired and that its agreement with the Remount, Veterinary, and Farms Directorate, dated Sept 30, 2019, was null and void. The court ordered that the CDA and Islamabad Wildlife Management Board immediately seize possession of Monal Restaurant and seal its premises, subject to allowing the restaurant’s owner/management to remove their property.

The order stated that the CDA chairman would conduct an investigation to determine who was responsible for the construction of Monal Restaurant and other structures within the protected area of the National Park in violation of the 1997 Act, the 1960 Ordinance, the 1966 Ordinance, the 1979 Ordinance, and the regulations promulgated under the respective statutes.

“The authority’s board of directors shall then proceed against the officials in accordance with applicable law.”

The secretary of the Ministry of Climate Change and the director general of the Environmental Protection Agency shall conduct a joint survey of Monal Restaurant and other nearby structures to determine the extent of environmental damage and then take any necessary measures and actions to avoid further environmental degradation.”

Additionally, the court stated that the Pakistan Navy encroached on state land, including the notified area of the National Park, by establishing an unauthorised and illegal golf course outside the allocated Sector E-8.

“The construction of a golf course on the encroached land was and continues to be illegal, lacking legal authority and jurisdiction.

“The alleged Navy Golf Course shall be sealed immediately and its ownership transferred to the Capital Development Authority and the Islamabad Wildlife Management Board.”

The structure on Navy Golf Course’s encroached land shall be demolished within four weeks of the date of the order, unless it can be used for an environmentally friendly activity.” It stated that the CDA and Islamabad Wildlife Management Board would restore the Navy Golf Course’s encroached land as part of the National Park.

“The Ministry of Defence secretary shall conduct an investigation and hold accountable officials/persons involved in trespassing and encroaching upon state land to establish the Navy Golf Course unauthorisedly and illegally.” “The secretary of the Ministry of Defence shall conduct a forensic audit with the assistance of the Auditor General of Pakistan to ascertain the loss to the exchequer and recover the funds from the officials/persons found responsible,” the order stated.

It stated that the commission’s report and recommendations, which are an integral part of this judgement, shall be immediately examined by the secretary of the Ministry of Climate Change.

Additionally, the court stated that the commission, which Dr Pervez Hassan chaired, was renamed the Implementation Commission.

The secretary of the Ministry of Climate Change shall coordinate with the Implementation Commission’s chair. Following deliberations, the recommendations shall be presented to the federal government, specifically the prime minister and cabinet members, for approval. “The armed forces’ prestige and unique status are critical to the Pakistani people. The Secretary of Defense and the Chairman of the Capital Development Authority shall ensure that no controversy arises in the future regarding the non-application of enforced laws within the three sectors designated for the use of the

The armed forces’ branches in the Islamabad Capital Territory,” the order stated.

Additionally, the order stated that officials must submit compliance reports to the court’s registrar within 30 days of the order’s date. According to the order, biodiversity, ecosystems, and natural habitats all contain life and thus contain living organisms.

“Life, whether human or non-human, is contingent upon the persistence of biodiversity, ecosystems, and natural habitats. Ecosystem and natural habitat protection are inextricably linked to the guaranteed right to life under Article 9 of the Constitution “The state, its institutions, and all public officials have a constitutional obligation to protect ecosystems and natural habitats.”

Keep up with Estate Land Marketing for news and updates.

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