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January 19 2012

margproperties
PUNE: The Estate Agents' Association of Pune (EAAP) has devised a test for real estate brokers who intend to become its members.

EAAP president Govind Bhagchandani told reporters on Tuesday that RE-MET (Real Estate Membership Entrance Test) is an entrance level test mandatory for aspiring real estate consultants who wish to be members of the association. It is an online test, developed and offered by National Association of Realtors - India (NAR - India) of which EAAP is a founder member, Bhagchandani added.

The test module shall attempt to create a clear qualitative difference between its members and any other practicing real estate consultants, he said. The existing members of EAAP would also have to clear the test, he said, adding that the process of existing members taking the test has already begun.

Bhagchandani said anybody can take the test and obtain a certificate from EAAP.

EAAP vice president Kishen Milaney said the association is also planning to start a 'Customer Redressal Cell', where it will look into the complaints made by customers against their members and mediate to solve the problems.

He said as part of its Silver Jubilee Celebration, EAAP has planned a seminar 'Marketing Real Estate (Best Practices)' at Hotel Sun & Sand on January 19. The association will also release its EAAP directory at the hands of CREDAI (National) president Lalit Kumar Jain on January 21, he said.

January 18 2012

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January 17 2012

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January 12 2012

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January 11 2012

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January 07 2012

margproperties

Commercial real estate prices stay flat in December

U.S. commercial real estate values are drifting sideways after a two-year rally, analysts said.

Prices for offices, warehouses, shopping centers and apartment buildings in major cities rebounded to within 10% of their all-time high before leveling out six months ago, according to Green Street Advisors Inc.

“I think people are used to values going up or down,” analyst Peter Rothemund said, adding that it’s not abnormal for prices to be flat.

Rothemund blames the stall on a tug-of-war between investors’ desire to take advantage of low interest rates for buying real estate and their fear that the economy might falter and prevent them from making money on property.

With Europe’s financial instability, “the world is perceived to be riskier,” he said. “An economic outlook that is far more unsettled than usual is serving as an anchor.”

The Green Street property price index peaked in 2007 and hit bottom in 2008. Its latest report includes December sales figures.

Southern California office and apartment values are still weaker than most other major markets, Rothemund said. Cities including San Francisco that are home to strong business sectors such as technology are doing better at leasing up offices and driving up rents.

Apartments in general are the strongest real estate sector, with values in most markets back to peak levels.

December 23 2011

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Looks cool

December 21 2011

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October 22 2011

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MARG Properties - leading Builders in OMR Chennai South India

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Source: http://www.margproperties.com/about.php

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