With the incredible growth in population in Chicago, property prices are fluctuating every now and then. In such a scenario, owning a home in Chicago might turn out to be a difficult affair especially for professionals. Before we discuss the real estate industry of Chicago, let us first take a look at the geographical location of Chicago.
Chicago is a very desirable place for tourists and residents alike. It is number three in size for cities in the USA, centered about in the middle of the country in the northeast corner of Illinois. The city holds a very prestigious financial position, being home to three main financial exchanges. With all this going for it, Chicago has become a fast growing metropolis with housing costs to prove it.
If you want to buy property in Chicago, you must hire a real estate agent. Hundreds of multinational organizations are establishing themselves in Chicago. As a result of this, construction companies are facing stiff competition with each other. Unlike many other assets, the price of property never decreases. And if you happen to own a home in Chicago, you would not have to worry about your future.
You can find residential as well as commercial property in Chicago. If you want to purchase a home, you have the option to choose from plush condominiums, duplexes, row houses and even apartments. It is important to analyze your budget and requirements before buying a home in Chicago. Depending on the location, property prices vary in Chicago.
We all want to own a beautiful home, isn't it? But do we have time and energy to find such a house on our own? That is why it is important to hire a real estate agent in Chicago. A real estate agent can ease your problems pertaining to finding your dream house. Real estate brokers associated with established firms are generally reliable.
A good real estate agent in Chicago can find you a great place to live, but not only that, they can save you time and money. Chicago real estate is sold by hundreds of different companies. New houses, and old can be found for purchase in the great city of Chicago. by: Mark shellby
Rabu, 16 Juli 2008
Sabtu, 05 Juli 2008
property
The nation's financial capital Mumbai has so far been witnessing skyrocketing real estate prices. But as population is escalating at the same pace and people are pouring from all over, the city is struggling to fit them all.
As Mumbai's profile attributes, it houses number of glitzy apartments and also many middle-of-the-road apartment buildings. But don't go by this façade, to buy an apartment in Mumbai one has to have a hefty bank balance to count on. All this has contributed to Mumbai real estate being the most expensive of all in the country.
On one hand this city is home to the Indian film industry, and other big shots of politics and business world but on the other side half of the city's population still lives in slums, without proper access to water, health care or sanitation.
Despite this widespread poverty, huge property deals continue to make headlines in Mumbai real estate industry. Case in point, only last month a film star set a national record by purchasing a three-bedroom apartment in south Mumbai for a whopping Rs 1.2 lakh per sq ft.
Considering this wide gap in the living conditions of its population and recognizing the housing shortfall the government is coming up with redevelopment plans and mass housing schemes for the people. Though many Mumbai real estate developers have pitched in for various projects in both spheres, the progress has been slow. Besides, recently the land allotted for affordable housing scheme has been encroached.
Moreover, the problem of growing urban population is the one that needs to be tackled first hand. Also, the people needs to be provided with basic facilities of water, food, electricity, security and other services such as transportation and education to ensure sustainable living. For this, the government as well as Mumbai Real Estate Builders surely need to be on their toes for making Mumbai real estate a global property market.
By: George Gonigal
As Mumbai's profile attributes, it houses number of glitzy apartments and also many middle-of-the-road apartment buildings. But don't go by this façade, to buy an apartment in Mumbai one has to have a hefty bank balance to count on. All this has contributed to Mumbai real estate being the most expensive of all in the country.
On one hand this city is home to the Indian film industry, and other big shots of politics and business world but on the other side half of the city's population still lives in slums, without proper access to water, health care or sanitation.
Despite this widespread poverty, huge property deals continue to make headlines in Mumbai real estate industry. Case in point, only last month a film star set a national record by purchasing a three-bedroom apartment in south Mumbai for a whopping Rs 1.2 lakh per sq ft.
Considering this wide gap in the living conditions of its population and recognizing the housing shortfall the government is coming up with redevelopment plans and mass housing schemes for the people. Though many Mumbai real estate developers have pitched in for various projects in both spheres, the progress has been slow. Besides, recently the land allotted for affordable housing scheme has been encroached.
Moreover, the problem of growing urban population is the one that needs to be tackled first hand. Also, the people needs to be provided with basic facilities of water, food, electricity, security and other services such as transportation and education to ensure sustainable living. For this, the government as well as Mumbai Real Estate Builders surely need to be on their toes for making Mumbai real estate a global property market.
By: George Gonigal
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