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What is Real Estate

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  Real Estate: Real estate can be defined as the land and all the improvements whether natural or artificial including water, trees, minerals, buildings, homes, shops, fences, and bridges attached to it. Real estate includes dealing with buying, selling, or renting out land properties and is generally associated with the possession of immobile properties and selling them. Real estate is different than real property which includes personal belongings such as jewelry or automobiles that are not related to the land. Key Terms : Here is a brief guide from Record Marketing about some key terms related to real estate that will help you learn the term in a better way. Land : The surface of the earth down to its core and upward to the airspace and all the minerals including all the natural and artificial resources associated with it is termed as land. Real Estate : Real estate includes immobile properties such as land and every permanent addition made to it by humans such as ho

What Factors Influence The Value Of Your Home?

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The market value of your house is influenced by several factors and the most important of them is how much your potential buyers offer to pay you, and this varies according to the preference of your buyers. So here is a list of factors that ca n  influence your home’s valu e . Neighborhood: “Comps” are comparable homes located in your neighborhood the sale price of which can affect and influence the market value of your house. Most experts and agents rely on analyzing comps to evaluate the market value of your home. Here is a guide about finding comps; Recency : You must look for the recently sold houses in your neighborhood. The more recently sold, the better. Feature Similarity : Look for sold homes that are similar to your home in terms of features like house size, no of rooms, and house type (single story, double-story). Distance: Choose homes for comparison that are located near to or preferably in the same subdivision as that yours as the houses located in far-flu

Need of Vertical Housing in Pakistan

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  Increasing population and migration are leading to an increased demand for housing and it is quite difficult to meet this demand for housing through horizontal housing as it has got numerous drawbacks such as deforestation, and taking up fertilized lands thus resulting in limited irrigation and crop production. So, the future of urbanization in Pakistan only seems to be vertical housing as is evident from the increased demand for apartments and flats, and their perception as a modern way of living. Record Marketing is here with an analysis of how the future of housing depends on vertical housing. Vertical Housing in Pakistan : Considering all the benefits of vertical housing  and the increasing demand for housing, vertical housing seems to be the future of residential real estate in Pakistan. Traditional housing in Pakistan is based on horizontal housing but this seems to be the short-term solution and that is why the Prime Minister of Pakistan in 2021 has shown considerable i

Should I Buy Studio Apartment?

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Considering the hefty increase in urbanization and how it is altering the trends of real estate, one of the latest trends that we came across is a major hit of vertical buildings and an increased demand for apartments, particularly studio apartments or flats. The desire of the masses especially youth to live or own studio apartments is based on several factors such as they want not only to avail a modern lifestyle but also wish to avail of many other advantages of studio apartments such as low purchasing costs, high rental rates, low maintenance cost, and price appreciation. With the launch of many projects such as Nova One Lahore offering lavish and modern studio apartments the demand for studio apartments has significantly increased. But before investing in studio apartments let’s build some background knowledge and evaluate all the pros and cons of investing in studio apartments. What Makes Up a Studio Apartment: The layout of every studio apartment may vary but essentially a

Types of Apartments in Pakistan

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  As indicated by Wikipedia's essential definition, a loft, or level, is an independent lodging unit that involves just a piece of a structure, by and large on a solitary story. Interesting points while leasing/purchasing the loft A portion of the things that you shouldn't pass up while purchasing/leasing a loft are: Cost range : The main thing you want to think about is the sticker price of the structure. Whether you are purchasing the condo or leasing it, you really want to concoct a sensible financial plan and cost range. Area: The land is about area. Assuming you need a serene region, you should think about a spot outside the focal city. Then again, assuming that you will dwell in a hustling and clamoring place, you could need a loft in a significant city. Likewise, assuming you are getting a condo according to the viewpoint of a speculation opportunity in Pakistan, you ought to put resources into a loft situated at an ideal place and give a brilliant rental yie

The Effects of Government Policies on the Real Estate Sector

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                                                    Real Estate industry functions in a way that affects the economy of any country and also gets affected itself by the economy of the country in return. Because of such a sensitive relation shared by both the factors the government has to formulate policies in order to maintain this collateral relation held by these elements. On one hand where these policies are formulated to maintain the balance and make the industry, at the same time these policies affect the industry too much due to which your expectations of the industry can also get affected in return. Record Marketing is here with a brief overview of how government policies influence the real estate market. Background: In order to enhance the community and positive outcomes, the government formulates policies that monitor and regulate the decision-making procedure of any industry. There are several reasons behind this formulation of policies by the government which inclu

Discovery Gardens Islamabad Payment Plan

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  To cater to your needs and demands of a luxurious and comfortable lifestyle, Falaknaz group has come up with yet another project named Discovery Gardens Islamabad to provide you access to the land of your dreams embellished with all the updated and modern amenities. Record Marketing offers free consultancy services and you can contact us to have detailed information about the society. Here we are going to talk about the payment plan of society along with a general overview of the society. Discovery Gardens Islamabad Total Area: Currently, according to the Discovery Gardens Islamabad master plan the society spans an area of 15000 Kanals while the other 21000 Kanals are in the process of acquisition and soon the total area of society will be upgraded to 36000 Kanals. The project is expected to be completed by 2025 and will be handed over to the residents soon. Discovery Gardens Islamabad Developers: This project is an initiative of Falaknaz Group in collaboration with the Ass