#Total Environment Apartments in Financial District
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Total Environment Financial District | Hyderabad Main Road | Apartment | Price
Total Environment Financial District offers luxury 3, 3.5, and 4 BHK apartments on Hyderabad Main Road. Experience elegant living with spacious interiors, top-tier amenities, and a prime location, providing easy access to key business hubs, lifestyle attractions, and more.
#Total Environment Financial District#Total Environment Apartments in Hyderabad#Total Environment Projects near Tech Hub Hyderabad#Total Environment Apartments in Financial District
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Top 10 Tips for Buying Property in Dubai: A Guide for First-Time Investors
Dubai is a hotspot for global real estate investment due to its high-quality infrastructure, cosmopolitan lifestyle, and favorable tax environment. However, understanding the real estate market may be challenging for novice investors. Here’s a guide with the top 10 tips to help you make a smart, profitable investment in Dubai’s dynamic property market and preparing you to property buy Dubai.
1. Understand Dubai’s Property Types and Ownership Rules
Dubai offers both freehold and leasehold properties. Freehold areas are open to foreign investors, allowing full ownership, whereas leasehold properties offer long-term leases up to 99 years. For those looking to buy property in Dubai as a foreigner, focus on designated freehold areas, like Dubai Marina and Palm Jumeirah.
2. Research the Market Thoroughly
The Dubai real estate market can be highly dynamic, with prices fluctuating based on location, property type, and economic conditions. Keep up with the latest trends and prices in key areas, such as Dubai apartments for sale and dubai houses for sale in popular neighborhoods. Tools like property listings on Tesla Properties can help track the market.
3. Define Your Investment Goals
Choose why you want to purchase real estate in Dubai. Are you aiming for rental income with high returns, a second home, or a long-term investment? Certain areas, like Business Bay and Downtown Dubai, are ideal for Dubai apartment investment due to high rental demand.
4. Explore Financing Options and Budget Carefully
Through both domestic and foreign institutions, Dubai provides a variety of funding choices. Typically, you’ll need a 20-25% down payment, though this can vary based on residency and the real estate agency in Dubai you’re working with. Factor in additional costs like registration fees, real estate agency fees, and maintenance charges to avoid surprises.
5. Choose a Trusted Real Estate Agency
Working with a reliable real estate agency in Dubai like Tesla Properties ensures you have experienced professionals guiding you through each step. They’ll provide access to a variety of properties in Dubai, handle negotiations, and ensure you meet all legal requirements.
6. Investigate Off-Plan Properties
Off-plan properties (those under construction) can be more affordable than completed properties. Payment options that lessen the financial load are provided by several developers. However, thoroughly vet the developer’s reputation and the project’s completion timeline, as delays can sometimes occur. Some prime Dubai apartments for sale and villas in this category offer great potential for value appreciation.
7. Focus on Location and Amenities
Location is key to any successful Dubai real estate investment. Areas with easy access to transportation, top-rated schools, and shopping districts are highly desirable. For investors, popular communities like Dubai Marina, Downtown Dubai, and Jumeirah Lake Towers offer high returns and easy resale options. Evaluate the property’s amenities too, as pools, gyms, and parking can increase its rental and resale value.
8. Consider the Total Cost of Ownership
When calculating your investment budget, don’t just consider the price tag. Additional costs include:
Property registration and transfer fees
Maintenance fees for buildings
Costs associated with property management (if you intend to rent it out)
Insurance
These expenses affect the profitability of your investment, especially for those looking to buy apartments in Dubai as rental properties.
9. Review Legal Requirements and Documentation
Ensure that the property has a title deed and meets the Dubai Land Department’s (DLD) requirements. Contracts in Dubai are typically straightforward, but it’s essential to read the fine print, especially if you’re purchasing an off-plan property. A trusted real estate agency in Dubai will help ensure all paperwork is correctly filed.
10. Plan for Long-Term Rental Potential
If you’re investing in Dubai real estate for rental income, research the rental yields in different areas. Certain neighborhoods like Downtown Dubai, Business Bay, and Jumeirah Village Circle are known for solid rental yields. Working with a management agency can help maximize rental returns, while you focus on maintaining long-term appreciation for your property.
With these steps, you’ll be better prepared to invest wisely in Dubai’s competitive real estate market. Working with professionals like Tesla Properties provides peace of mind, and makes finding and purchasing the ideal property easier for investors, expats, and first-time buyers alike. Dubai’s market offers substantial growth potential, so take advantage of these tips and dive into one of the world’s most exciting real estate markets to property buy Dubai. For more information on buying property in Dubai, visit Tesla Properties.
#property buy dubai#buy real estate in dubai#dubai real estate investment#dubai apartments for sale#dubai property for sale#properties in dubai#buy property in dubai#Buying Property in Dubai#buy apartment dubai#dubai house for sale#dubai real estate#real estate agency in dubai#dubai apartment investment#Tesla Properties
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What You Should Know Before Buying Commercial Real Estate in Bhubaneswar
Bhubaneswar is rapidly emerging as a prime destination for commercial investments. With top developers like Khushi Realcon offering a range of commercial space for sale in Bhubaneswar, the city is becoming a hotspot for businesses. Here are the key things you should know before buying commercial real estate in Bhubaneswar.
1. Prime Locations and Accessibility
When considering buying commercial space in Bhubaneswar, location is paramount. Prime areas with easy access to transportation, major roads, and business hubs ensure better footfall and connectivity. For instance, Khushi Realcon’s projects often feature excellent locations, making them highly desirable for businesses looking for Bhubaneswar office space.
2. Market Trends and Growth Potential
Understanding market trends is crucial when investing in commercial space in Bhubaneswar. Analyze the current demand and future growth potential of the area. Bhubaneswar’s booming infrastructure and growing IT sector indicate a positive trend, making it a lucrative option for commercial investments. Khushi Realcon’s developments are strategically positioned to capitalize on these growth trends.
3. Amenities and Infrastructure
Modern amenities and robust infrastructure are key factors that add value to commercial real estate. Look for commercial spaces that offer ample parking, high-speed internet, security systems, and power backup. Projects by Khushi Realcon are known for their state-of-the-art facilities, ensuring a conducive environment for businesses.
4. Legal and Regulatory Compliance
Ensure that the commercial space for sale in Bhubaneswar complies with all legal and regulatory requirements. Verify the title deed, land use permissions, and any other necessary approvals. Engaging a legal expert can help in conducting due diligence to avoid future disputes. Khushi Realcon properties are reputable for their compliance with local regulations and clear legal standings.
5. Financial Considerations
Evaluate the financial aspects, including the total cost of ownership, property taxes, and potential return on investment (ROI). Consider the long-term financial benefits, such as rental income or capital appreciation. Bhubaneswar luxury apartments and commercial properties often offer competitive pricing, making them attractive investments. Khushi Realcon’s transparent pricing and flexible payment plans are additional advantages.
6. Future Development Plans
Investigate future development plans in the vicinity of the commercial space. Upcoming infrastructure projects like metro stations, highways, or commercial hubs can significantly increase property value. Khushi Realcon often chooses locations with promising development prospects, ensuring that your investment appreciates over time.
7. Community and Networking Opportunities
A thriving business community and networking opportunities enhance the appeal of commercial real estate. Bhubaneswar is home to several business parks, IT hubs, and commercial centers that provide ample opportunities for networking and growth. Properties developed by Khushi Realcon are often situated in such vibrant business districts, fostering a dynamic work environment.
8. Environmental and Sustainability Factors
Consider the environmental impact and sustainability features of the commercial property. Energy-efficient buildings with sustainable practices not only reduce operational costs but also appeal to environmentally conscious businesses. Khushi Realcon integrates sustainable practices in their projects, making them environmentally friendly and cost-efficient.
Conclusion
Investing in commercial real estate in Bhubaneswar requires careful consideration of various factors, from location and market trends to amenities and legal compliance. With developers like Khushi Realcon offering top-notch commercial space for sale in Bhubaneswar, you can find properties that meet your business needs and ensure a high return on investment. Whether you are looking for Bhubaneswar office space or commercial space in Bhubaneswar, keeping these considerations in mind will help you make an informed and profitable investment.
#bhubaneswar office space#commercial space for sale in bhubaneswar#commercial space in bhubaneswar#bhubaneswar luxury apartments
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They Were Diamonds in The Rough …Now, Simply Diamonds
From the deep, rural piney woods of East Texas comes art.
I’m about start my fourth year as a retired public school teacher and starting our third year traveling the country. With a beautiful spring here in Missouri, I’ve taken time to look back and reevaluate how I got here and what I miss and hopefully accomplished as an educator. My entire thirty year career took place in three small school districts in small town, rural deep East Texas. Each district was anywhere from ten to fifteen miles apart and each were incredibly unique in the student population and accomplishments. I loved working in each community, but after some stressful years, I loved one quite a bit less. No negativism here …nope, just discovery of an amazing set of results of one in particular…truly amazing. No names or locations will be given just the magical happenstance of one particular district.
Most of deep East Texas is lower middle class economically, blue collar, working class, country folk. One district in particular was a bit lower in poverty statistics and the main “way out” in the minds of a lot of the kids was welding and working pipeline. It was lucrative, but when one considers that young people all over Texas seek these jobs, most folks had few chances in the little district and joined the military, worked less than ten miles from where they were born. A very few made their living in the trade of substances. As I write this, I’m aware of the stereotypical images these descriptions form, a fair amount of those conclusions did occur, but so did something wonderful.
Outside evaluation of this community might think of this place as a close minded, dead end locale. Not totally the case; artists were created here. An incredibly large number of kids pursued the arts in the face of adversity. This is a very uncommon occurrence In any public school situation. Kids who are motivated to “get out of this place” wisely, though sadly, pursue business careers to make money and change their environment. I say sadly, because all too often, artistically gifted young people are discouraged from pursuing their talents as a career. A writer can’t pay the bills, or a painter, or a musician, or a singer, or an actor is the All-American mindset hammered in the heads of students. Mores the pity. But, in this small town, rural school district, many kids became or at least attempted to be one of the ones who made it.
Bear in mind, college of any kind was a financial obstacle that was very difficult to overcome. Many of the musically inclined kids hit the road to pay their dues and find gigs. A very surprising number studied theatre as they were inspired by the strong One Act Play program. I taught three years at this district and probably taught 150-200 kids; my estimate is around 10% of these kids pursued theatre and drama. Many of my kids wanted to be writers. To be a musician was a huge deal here! I have a former student active in the Houston hip hop scene, about 12 actively working as singers and musicians and a few dozen pursuing the visual arts. That is close to forty plus kids out of 200 taking the gamble of becoming who they were meant to be… a courageous and frightening pursuit.
I often wondered how this anomaly occurred in such an unusual location. Often such pursuits are deemed nonsense by the more practical members of a community. These kids weren’t just enamored with the idea of being artists, they were talented beyond expectations. Primary among the reasons for this devotion to the arts rests with teachers on staff that encouraged them. Many educators were institutions on campuses who inspired these kids for years. Lack of financial independence led a lot of kids to make do with what they had for entertainment. There are always crayons around and perhaps grandpa shared an old guitar, or maybe they just spent time looking at the colors and beauty of the countryside. Regardless , something unique inspired these kids.
I don’t know how this occurred in this small town, but it’s a fantastic mindset to have been part of to see take place. I don’t know how many kids will make it “big time,” but I do know that they will never say, “I wish I’d tried.” To be an artist is a challenging yet magical thing that only blesses a few of us …and to have the strength to do it …there are no words…just admiration.
#open mind#retirement#coffetime#stress#change#teacher#i need friends#health#writing#education#my art#art
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TDP Government's Commitment To Rural Development Through Under-Ground Drainage Systems
The former TDP government under the visionary leadership of N. Chandrababu Naidu has consistently demonstrated its commitment to the welfare and development of rural communities. One of the remarkable TDP achievements of the former TDP government has been its focus on infrastructure development, particularly in the realm of underground drainage systems (UGD). Recognizing the need for effective waste management in densely populated areas, the TDP Party has championed the cause of constructing UGD systems in habitations with more than 2000 population.
The former TDP government led by Nara Chandrababu Naidu took proactive measures to address the issue of liquid waste management in rural households. To ascertain the feasibility and effectiveness of UGD systems, the Rural Water Supply (RWS) Department and the Panchayat Raj Engineering wing initiated pilot projects in 30 and 12 Gram Panchayats, respectively. These projects led by the District TDP leaders encompassed a combined length of 1169.74 km and an estimated cost of Rs 383.12 Cr. Such extensive pilot projects demonstrate the District TDP leader's dedication to thoroughly understanding and addressing the challenges posed by waste management in rural areas.
During the financial year 2018-19, the TDP government accomplished a significant milestone by completing a total length of 111.75 km of UGD systems. This TDP development showcases the party's resolve to translate its vision into reality and deliver tangible results to the people of Andhra Pradesh. Under the leadership of N. Chandrababu Naidu, the former TDP government has achieved several milestones in infrastructure development and rural upliftment. The party's focus on sustainable development has led to the successful implementation of various initiatives across different sectors. By prioritizing UGD systems, the TDP government has underscored its commitment to improving sanitation and living conditions in rural areas.
The TDP agenda and manifesto have consistently centred around the welfare and prosperity of the rural population. Ensuring access to basic amenities, such as clean water, proper sanitation, and waste management, has been a core priority for the party. The UGD systems are a reflection of the TDP manifesto promises and its dedication to fulfilling them. Apart from UGD projects, the TDP government has undertaken numerous development TDP schemes to uplift rural communities. These include initiatives in agriculture, education, healthcare, and infrastructure development. By fostering an environment of progress and inclusivity, the TDP has transformed the lives of many rural residents.
The TDP government's success in implementing its vision owes much to its strong and dedicated leadership. Under the guidance of Nara Chandrababu Naidu, the party has consistently formulated and implemented TDP policies that aim to bring about positive changes in the lives of people living in rural areas. The TDP party's focus on sustainable development, good governance, and innovation has set a precedent for effective policymaking. Visit the official website and get the latest news and political news and learn more about the political schemes and Developments made by the former TDP government.
In conclusion, the leadership of N. Chandrababu Naidu has demonstrated an unwavering commitment to rural development. The government's emphasis on constructing underground drainage systems in densely populated habitations is a testament to its vision for a cleaner, healthier, and more prosperous rural Andhra Pradesh. By prioritizing such crucial infrastructure projects and implementing a host of other development schemes, the TDP contributions have undoubtedly left a lasting impact on the lives of millions in the state. As the party continues to strive for progress and upliftment, it remains dedicated to fulfilling its promises and building a better future for all.
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Finnpoe Modern AU- Single Dad!Poe- PART 2
Lmao so Part 2 was supposed to be focused on Finn and Poe’s relationship but that didn’t happen as planned so. yknow. Now there’s a Part 3 on the way where more things actually happen, Finnpoe-wise, and that should explain more about their relationship. It is also very possible that a Part 4 may happen, but all of this is for after finals end next week ANYWAY
Thank you again to Eliane, who had the original idea for this headcanon!
Part One l Part Two l Part Three
XXX
BB makes it through preschool and starts kindergarten the next year
He's nearly a year older than his classmates, but Poe is still terrified on the first day of school
He's less scared than the first first day, and now BB is comfortable enough to stick his tongue out at his dad when he catches Poe wiping tears out of the corner of his eye
But BB still allows a hug, long and tight, when it's time to say goodbye
He signs goodbye! with ease, and pride and bittersweet sorrow swell in Poe's chest
BB has a group of friends by the end of the week
BB has a lot to say, Poe hears from their parents, and Poe chuckles to himself at that
By now, Poe feels more secure in being a single parent, but he remembers Shara's fire and how that was balanced so readily but Kes's calm demeanor
It seems that BB is inheriting all of Poe's sass and spirit, totally untempered
(He doesn't mind in the slightest, though he fears the day BB realizes he can out-sarcasm his father)
Sometimes, BB complains that his Deaf friends can sign better than him, and Poe feels a pang of guilt. They've been learning together, and after a year, they've come a long way, but there are still hurdles
On top of his other classes, BB spends his afternoons in the special education classroom
They find a sense of community there; children and parents who have had similar experiences
It's easier then, better than the year before. The father and son have settled in somewhat, even though Poe dreads the end of the year- BB will switch buildings and teachers and everything will be new again
Despite the impending change, BB thrives. He can write a few shaky words and he's nearly entirely fluent in ASL by the time kindergarten ends
The summer flies by: BB is six already, losing teeth, joining the soccer team
He plays #8 on the team. He's fiercely into it, which isn't entirely helped by Poe screaming his support on the sidelines
Jess, Karé, and Snap all yell too; Kes is the only one who shows his enthusiasm at normal volumes, although Poe can never quite forget the game when BB got fouled and Kes sulked about it the entire night
They meet BB's new teachers in August, a couple of weeks before the start of school
Poe's prepared for this now. He knows what to advocate for, how to navigate the reactions to BB and the calm, placating smiles from people who look lost when they first meet his son
BB's teachers are kind, at the very least. Poe had been a public school kid, but with some financial help from Kes, he'd managed to get BB into a slightly more controlled environment- it's a private school, still a relatively big one, but Poe chose it for its positive reputation and special needs programs
His boss, Leia, had endorsed the decision- her twin brother worked in the district, and if nothing else, Poe trusts Leia’s judgment
But most of all, BB was happy there in both preschool and kindergarten, and that’s all that truly matters
They end up at the special education classroom last on the tour of the new building- Poe nods at a few familiar faces before an older-looking man introduces himself as Luke. He shakes Poe's hand firmly and signs hello back at BB, who's staring up at him, unabashed
I'm Luke, he signs, and doesn't even raise an eyebrow when BB tells him to call me BB
“I work with your sister, I think- Leia Organa,” Poe says because Luke seems all-too-familiar, and Luke nods quickly
“My little sister, yes. She’s mentioned you. She says she reminds you of her husband when he was younger.” Luke raises an eyebrow. “You’re not a troublemaker, are you?”
“No,” Poe says automatically, at the same time BB signs yes!
You’re a troublemaker, too, Poe reminds the boy, ruffling BB’s hair. His son snorts, shaking his head, and peers around Luke to see the rest of the room
“Leia likes troublemakers. She’s the best one of all,” Luke says matter-of-factly, then grins. "But- you'll want to meet the rest of our staff," Luke says, signing as he speaks and peering around the room
"There's Mr. C, and there's Finn. He's new this year, too"
Poe's stomach twists at the words- he's all for giving the benefit of the doubt, but he'd hoped for someone with a little more experience
That's his first impression of Finn- the second is that Finn is-
-well, Finn is hot. Nicely fitting jeans and a gratuitous v-neck, accompanied by a winning smile that flashes before the two men's eyes meet
Finn's eyes are warm and brown and it melts Poe on the spot
BB has already abandoned him, tearing across the room and offering his hand to Finn. Poe blinks, trying to get his thoughts in order, and introduces himself to Finn
The young man is right out of grad school (he came highly recommended, and they had to fight to get him, Luke chimes in, while Finn studies his feet), but he's always wanted to teach, even if he had a brief military stint that ended poorly
My abuela was Air Force, BB supplies
She must have been talented, Finn answers. I think I'd get scared all the way up there
I wouldn't! BB replies at lightning speed, and oh no, Finn's laugh is just as delightful as every other aspect of him
They talk for a few minutes more before Finn is stolen away by other parents and Poe decides to talk to other teachers
(I’ll be seeing you, Finn,” Poe says, and Finn just smiles back, but Poe can’t help but sneak glances at the other man, even with distance now between them
Finn catches him just once, and grins at Poe widely)
Poe doesn’t see BB’s teachers too often- there are stories from his son, occasional phone calls, and parent-teacher conferences, but he runs into Finn fairly often outside of BB-related happenings
The younger man has an apartment within a mile of Poe’s, and Luke and Leia seem somewhat determined to drag their protégés out once in a while
Dinners on a few occasions is one thing, but Poe also discovers that he and Finn frequent the same bars
(Frequent, Poe thinks, is a liberal term for a teacher and a single dad, but he does to find a free night once in a blue moon)
(It makes sense, Poe also realizes, that he would run into a man who wears sensible v-necks at the only gay bar in town)
Poe is nursing a whisky, scanning the room for anyone as tired and old as he is, when he spots Finn half hiding in a booth near the back of the room, a young brunette woman slumped next to him
They look slightly out of place, and Poe is debating if he should go say hi or not when the woman looks up at him, her gaze piercing. Poe looks away, the tips of his ears burning, but he can see her whispering to Finn out of the corner of his eye
Poe is staring determinedly at the melting ice in his drink when he hears slight scuffling behind him, then a voice says “Hi Poe, good to see you.”
Finn’s tone is somewhere between the one he uses on conference night and a clearly forced effort to sound casual, so Poe musters his best smile
“Hey Finn,” he says, friendly, then his mind goes blank
“I didn’t realize I would see you here,” Finn blurts, and his eyes go wide. His companion gives a huffy sigh before nudging Finn’s side with her elbow and retreating back to their booth
“I didn’t know you were- that you go to-” Poe is just as flustered, and neither he nor Finn can meet the other’s eyes. “-that you go to gay bars,” he finishes lamely
“I do,” Finn says, voice soft as he stares at the ground. “Well, not too often but Rey-” he jerks his head back to indicate the woman conspicuously watching them from her seat- “has been stressed lately and I wanted her to have a good night.”
Poe takes a sip of his drink. “She your girlfriend?”
There’s no hope of any sort of recovery now- Poe is vaguely tipsy, a lightweight after his son changed all his evening plans for the past two years, and Finn seems beyond flustered, but this conversation started badly, anyways
“She’s not my girlfriend,” Finn says firmly. “We’re gay- I mean she’s gay- well, I’m bi, but she’s gay- a lesbian. We only kissed once and it was real bad. We’re both single and not dating each other.”
“Good to know.” Poe says mildly, at risk of embarrassing Finn even more. Then:
“Can I buy you a drink?”
#poe dameron#poe dameron fanfic#finnpoe#finnpoe fanfic#stormpilot#stormpilot fanfiction#stormpilot imagine#stormpilot headcanons#stormpilot fanfic#stormpilot au#finnpoe au#finnpoe fanfiction#finnpoe imagine#finnpoe headcanons#finn#star wars#Star Wars Sequels#star wars au#star wars modern au
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The Freedom of Expression Ep 14 - The Party To Protect The People From The NHK (N Koku Party) commences "Same sex, same name stealth operation".
K: Hi this is Dir en grey's Kaoru, starting this episode of The Freedom of Expression. Joe san, Tasai san, welcome....Well, recently, who knows whats really happening?
J: Yeh, its troubling. I've been spending a lot longer looking at my phone and computer. I've been getting a lot of coupons. My favourite shops or brands are all going online...well, no ones going into the shops, so they can only sell online. So i've been getting coupons like, if you spend over a certain amount, you'll get 20,000yen off.
T: I see.
J: I think like, 'Waa, I wanna spend!'..but then I think, actually since April, I've had less work so I need to restrain myself. I experience this conflict every day for about 15mins. Like, whats wrong with me?
T: I see.
J: Thats thier strategy.
K: If you have free time...
J: Thats it.
K: You'll end up spending money.
J: Normally, they have expirations, and I just think 'Aghh', so its really...
K: You can't help buying stuff, right?
J: I do end up buying stuff!
K, T: *laugh*
J: I really do! I bet there are people out there addicted to coupons! Aren't you? Are you ok?
K: Well, im ok. I just shop by mail order.
J: Ahh
T: I see
J: People are shopping like that a lot right now.
T: Hiranabe san, who works at our place, he's got a lot of offers from night time establishments, and he's troubled as to what to do.
J: Oh, to get him to go there?
T: Yeah. He got an unprecedented amount of messages.
K: (quietly) Unprecedented?
T: Like, 'please come, please come, please come'.
K: He only gets them now? Cause he'll be quick to spend.
J: How is Hiranabe san doing?
T: Well, as expected, he seems scared. He's in his 50s, it looks like he finally understands that his life might be in danger if he caught the virus. He wears a mask, he wears pollen protection glasses. When he goes outside he's like..'the virus won't get in my eyes'.
J: Sounds like a terrorist! Thats just like him.
T: He flipped 180°. He used to be the guy who says, 'Im not wearing a mask'.
J: Oh, really?
T: He's that different now.
J: Well, Im a similar age to Hiranabe san...
T: I can't believe it!
K: I can't believe it.
J: So, what was it?..Its risky, if you are over 50 its more dangerous?
K: Ohh right, yeah.
J: If you catch it, there's a higher death rate at this age?
T: Also, men are more at risk, right?
K: Yeah.
T: They are saying the death rate is higher for men.
J: Well, we are among that group. Shall we get on with the main topic? I thought we'd go with a topic that is unrelated to corona this time.
' "N Koku Party's 'same name, same sex' stealth strategy for Shizuoka no.4 district Lower house by-election". With the death of Mochizuki Yoshio, the LDP's former environment minister, candidates standing for election are the LDP's Fukuzawa Youichi, an independent group of the unified opposition's Tanaka Ken, independent candidate Yamaguchi Kenzo, and the Party Against the NHK (N Koku Party)'s Tanaka Ken, whose name is the same as the unified opposition's candidate. N Koku's Tanaka Ken uses the same kanji, and has the same reading as the unified opposition's Tanaka Ken. The opposition parties, electoral commission, and local media are racking thier brains about it. If a vote is for 'Tanaka Ken', there will be no way to distinguish between the two. Its a proportional division system, so ambiguous votes will be split according to the overall percentage of votes. The electoral administrative committee have taken measures to change the rule that makes a ballot paper invalid if it includes anything other than a candidate's name, to allow a candidate's age to be written aswell. As a result of this, with the aim of reducing ambiguous votes, the unified opposition are promoting 'Tanaka Ken - Age 42' in thier election cars, posters, and online in order to attract votes. On the other hand, N Koku's Tanaka Ken surprisingly hasn't taken any action. He has refused pre-election interviews with the media, hasn't published an campaign bulletin, he doesn't appear in election posters, he has no plans to visit the area. There are expected to be people voting who are unaware that two Tanakas are standing for election. As for N Koku's aim, their leader, Tachibana, had this to say.."We want to test how the votes will be split when there are candidates with exactly the same name. We are not appealing for votes either online or on the ground. We are a weak political party, and want to know how we stand *1'.
There's also suggestion of running another female candidate named Koike Yuriko for Tokyo governer. I thought we could talk about this kind of same name/sex disturbance strategy which the N Koku party has set up.
T: Its amazing, isn't it?
K: So are they doing it to siphon votes?
J: It seems like it, yeah. Especially, that would be the aim if it was for Tokyo Governor.
T: They said they wanted to test how the votes would be split, so like you said Joe, for Tokyo Governor, if it was someone else called Koike Yuriko, they would want to get the data of how the votes are split.
J: Well, its not about freedom of expression, but there is nothing illegal about what they are doing in terms of the election, so its totally ok for them to do this. What do you think, Kaoru?
K: Well..*laughs*, even if you ask.....its interesting but...how will it end up? But, well, hmmm...its fine, isn't it?
J: As it happens, I've been on a radio event with Tachibana san once. And also...well, in this kind of election, a candidate who no one is expected to vote for is called a bubble candidate, the most famous example is Mac Akasaka. I've worked with Mac Akasaka before, so I've listened to what these kind of guys have to say. I mean, certainly, these guys are laughed at and made fun of a lot, but apart from the question of what Tachibana Takashi is doing, to be a candidate for Tokyo Governor, you have to pay a deposit of at least 3 million yen. And if you recieve under a tenth of the total valid votes, you have to forfeit your deposit. The Tokyo Governor elections get about 5 million votes, so if you get under 500,000 votes, you will lose your deposited 3 million yen. As for national elections, the deposit is 6 million yen. So you can call it a prank all you like, but they are spending a lot of money to do this. What a lot of bubble candidates will tell you is, its not free, so they are doing this with the intention to win, they do think thier ideas will improve the country, improve thier party. If there was no financial risk, it would end up at the level of annonymous postings on SNS. But after they've actually paid money, most of them will start electoneering. Making election posters costs money, and there's the cost of gas to run a car to go handing out flyers, and all sorts of things like that. It will end up costing another huge chunk of money in election costs. So in doing this, there is another side to these guys other than, 'they are just idiots'. Maybe they are trying to get people to change the way they see elections, instead of just routinely voting for the faces they know.
T: Well this case has great advertising effectiveness.
J: It does, yeah.
T: Tachibana san's name has really been sold with this.
J: It has.
T: Like, with his own business, and on you tube and stuff *2.
J: Well, as for my personal opinion, I remember Uchida Yuuya running for Tokyo Governor. You can still find his political broadcast on youtube, its great. If you compare Yuuya san to Tachibana san, honestly, Tachibana san seems to have more of a knack for it.
T: Its interesting seeing that kind of political broadcast on NHK. ????*3
J: Well, even in times such as these, we are still having elections. From now on, due to corona we'll probably see new ways to vote and new ways to do all sorts of other things.
K: Its created a need to re-think things, like with the custom of personal seals...in Japan there's a big custom of 'You have to do it this way', or 'You need it on paper'.
J: Yeah, as you mentioned Kaoru, the custom of using personal seals...in the end, even Japan's IT minister also stands as the head of the organization to retain personal seals. Somehow in Japanese society, one of the things companies insist on is the personal seal. There are those who ask why they can't just settle things digitally, but if the minister responsibile for advancing IT is also the head of a group advocating to retain the personal seal, there is a clash going on now. This is the kind of time to think about changing the political system.
T: Things would change a lot if we switched to online voting.
J: They would change, yeah. If young people started voting a lot online...
K: Yeah, right now, in the situation we have now, I think people are starting to think about future.
J: Yes, in that respect, although its very difficult with corona around, I feel like we are starting to wake up to the things we have just put up with till now. I mean, what comes next? In particular, with coronavirus, a lot of countries' governments have taken on huge powers, and in some countries its almost like a corona dictatorship. So, its very difficult, but we really need to slightly re-think the way we carry out elections and the way the state operates from now.
T: We, ourselves are a part of it, right?
J: Yes, yes...Yep, so, same sex, same name...it even hard to search for him. I wonder what this candiate actually intends. ?????*4
K: He's not showing his face much.
J: What will he do if he wins? ...Eh? Hello??
K: Is he sleeping?
Kami: Yes, yes.
J: Were you asleep, Kami?
Kami: No, I was waiting till you called on me.
J: Oh, you were waiting? Oh, sorry.
Kami: I've had a thought.
J: Oh, have you?
Kami: I have...Um, Joe should run for the N Koku Party.
J: *laughs*
K, T: Ohhh
J: Me?!
T: Thats a good idea.
J: Would it be ok, though?
T: In the Tokyo Governor election.
J: In the Tokyo Governor election? Which election?
Kami: It would be ok, yeah.
J: Would it?
Kami: Yeah, anything is ok.
J: *laughs* You couldn't participate in the election could you, Kami? You don't have voting rights?
Kami: No, I don't, but instead, I can make myself into substance.
J: What?
Kami: By pretending to be a citizen.
T: Prentending to be a citizen?
J: Oh, is that it?
K: So that means you could pile up votes for someone?
J: Right?
Kami:...No, I can only do it once.
J: Oh, so you can only take on substance once?
Kami: Yeah, yeah...a bit like Devilman.
T: Ah, like Devilman.
J: But if you could do that, surely you'd be able to do it will two or three people? I feel as if you've just made that up.
*K laughs*
J: Did you just make that up, Kami?
Kami:...Yes, I did.
K: *laughs*
J: He did.
K: I feel like his heart hasn't been in it for a while now.
T: *laughs*
J: Kami, has your mind been elsewhere?
Kami: Ye...uh, no no no.
K: He said yes!
J: *laughs*
Kami: Crush the NHK.
J: Yes, crush it.
K: Well, on that note, I think we can finish here. Thank you, please tune in next time. Please subscribe, thank you very much.
J: Please do.
Kami: Vote for Joe!
*1 I think the confusion arises here, because rather than ticking a box, Japanese voters have to actually write down the name of the person they are voting for.
*2 Think thats what he meant.
*3,4 Couldn't catch these bits.
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For details call me;9989804573
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Sunday, April 25, 2021
San Francisco Contends With a Different Sort of Epidemic: Drug Deaths (NYT) The drugs killed them in plain view—in front of the public library, at the spot on Powell Street where the cable car used to turn around. Others died alone in single-room apartments or in camping tents pitched on the pavement, each death adding to an overdose crisis that is one of the worst in the nation. Drug overdoses rose across the country during the coronavirus pandemic. But in San Francisco, they skyrocketed, claiming 713 lives last year, more than double the 257 people here who died of the virus in 2020. For officials in San Francisco, the epidemic of overdose deaths has been both humbling and alarming. Many believe that the city’s preoccupation with the pandemic has eclipsed concern over the drug deaths and blunted the urgency of the moment. “I can say for sure that what we are doing is not working and that it’s getting worse every single day,” said Matt Haney, a member of the city’s Board of Supervisors who represents the Tenderloin, a district of low-income housing in the heart of the city that has seen the most overdoses. “I get offered drugs every time I step outside. It’s overwhelming.”
In historic move, Biden says 1915 massacres of Armenians constitute genocide (Reuters) U.S. President Joe Biden on Saturday said the 1915 massacres of Armenians in the Ottoman Empire constituted genocide, a historic declaration that infuriated Turkey and is set to further strain already frayed ties between the two NATO allies. The largely symbolic move, breaking away from decades of carefully calibrated language from the White House, will likely to be celebrated by the Armenian diaspora in the United States, but comes at a time when Ankara and Washington have deep policy disagreements over a host of issues. Turkish Foreign Minister Mevlut Cavusoglu said Turkey “entirely rejects” the U.S. decision which he said was based “solely on populism”. Ties between Ankara and Washington have been strained over issues ranging from Turkey’s purchase of Russian S-400 defense systems—over which it was the target of U.S. sanctions—to policy differences in Syria, human rights and legal matters.
Ravaged by Covid, Brazil Faces a Hunger Epidemic (NYT) Rail-thin teenagers hold placards at traffic stops with the word for hunger—fome—in large print. Children, many of whom have been out of school for over a year, beg for food outside supermarkets and restaurants. Entire families huddle in flimsy encampments on sidewalks, asking for baby formula, crackers, anything. A year into the pandemic, millions of Brazilians are going hungry. The virus is ripping through Brazil’s social fabric, setting wrenching records, while the worsening health crisis pushes businesses into bankruptcy, killing jobs and further hampering an economy that has grown little or not at all for more than six years.
Baltic states join NATO allies in kicking out Russians for spying (Reuters) Lithuania, Latvia and Estonia on Friday joined a fast-growing list of NATO and EU members demanding the removal of Russian diplomats for alleged spying, in actions that have infuriated Moscow and look certain to provoke further retaliation. A spate of tit-for-tat expulsions has plunged ties between Russia and countries of the former Soviet bloc to their lowest point since the fall of Communism, prompting Moscow to accuse at least two of them of deliberately wrecking relations. Lithuania said it was sending two diplomats home and Latvia and Estonia one each. “The EU should have less undercover Russian spies,” Lithuanian foreign affairs minister Gabrielius Landsbergis told reporters.
Cashlessness may have gone foo far in Norway, government warns (Bloomberg) Norway’s government wants to make sure banks don’t stop providing cash, as the country becomes the world leader in abandoning physical notes and coins. The Finance Ministry has told the Financial Supervisory Authority in Oslo to put together a plan that will ensure banks continue offering cash services, according to a statement on Friday. That’s after the FSA’s own survey found that a number of Norwegian banks “claim that they are not responsible for offering cash services.” Banknotes and coins are used in only 3-4 per cent of all transactions in Norway, the lowest level of cash usage in world, according to calculations by Norges Bank. Neighbouring Sweden, another nearly cashless society, has also sounded the alarm amid concerns that the complete disappearance of paper money would pose a number of risks.
Italian Police Accuse Man of Getting Paid for 15 Years While Skipping Work (NYT) A hospital in Italy’s southern region of Calabria fired Salvatore Scumace for not showing up to work. For 15 years. Mr. Scumace, 67, was fired last year from the Pugliese Ciaccio Hospital in the city of Catanzaro, but the news made headlines in Italy this week when Italy’s financial police announced their investigation into his remarkable record of absenteeism. His case was uncovered as part of a wider investigation into absenteeism by public workers. Mr. Scumace is accused of earning an estimated 538,000 euros, or more than $645,000, for a job the police say he never performed over the course of his long and less-than-productive career as a hospital fire-safety employee. A chronic problem in some public sector jobs, the Italian police have cracked down in recent years on no-show employees, investigating dozens of cases around the country.
Coronavirus: India’s daily cases climb to new world record as hospitals overwhelmed (NBC News) India’s coronavirus infections set a new world record for the third consecutive day rising by 346,786 overnight, the health ministry said on Saturday, as overwhelmed hospitals in the densely-populated country begged for oxygen supplies. India is in the grip of a rampaging second wave of the pandemic, hitting a rate of one Covid-19 death just under every four minutes in Delhi, as the capital’s underfunded health system buckles. The government has deployed military planes and trains to get oxygen from the far corners of the country to Delhi. Television images showed an oxygen truck arriving at Delhi’s Batra hospital after it issued an SOS call saying it had 90 minutes of oxygen left for its 260 patients. India surpassed the U.S. record of 297,430 single-day infections anywhere in the world on Thursday, making it the global epicenter of a pandemic that is waning in many other countries. The Indian government had itself declared it had beaten back the coronavirus in February when new cases fell to all-time lows.
Debris From Indonesian Submarine Is Found, Ending Hopes of Rescue (NYT) Debris from an Indonesian Navy submarine that disappeared this past week with 53 people aboard has been found deep in the Bali Sea, confirming fears that the vessel sank and cracked, the navy’s chief of staff said on Saturday. The submarine, the KRI Nanggala-402, disappeared early Wednesday off the Indonesian island of Bali while conducting torpedo drills. Emergency signals to the vessel after it failed to make contact went unanswered. The Nanggala was built to withstand pressure of up to 500 meters deep, but sonar seemed to indicate that the submarine sank to a depth of about 850 meters, well below what is referred to as “crush depth.” At that depth, even the steel hull of a submarine would almost certainly fracture from the pressure.
Jerusalem tension triggers Gaza-Israel fire exchange (AP) Palestinian militants in the Gaza Strip fired some three dozen rockets into Israel overnight Saturday, while the Israeli military struck back at targets operated by the ruling Hamas group. The exchange came as tensions in Jerusalem spilled over into the worst round of cross-border violence in months. The barrage of rocket fire came as hundreds of Palestinians clashed with Israeli police in east Jerusalem. The clashes, in which at least four police and six protesters were injured, have become a nightly occurrence throughout the Muslim holy month of Ramadan and show no signs of stopping. Jerusalem, home to holy sites sacred to Jews, Christians and Muslims, has long been a flashpoint in the Israeli-Palestinian conflict. In 2014, similar tensions erupted into a 50-day war between Israel and Gaza’s ruling Hamas militant group.
60% of the world is online (TNW) The new Digital 2021 April Global Statshot Report—published in partnership between Hootsuite and We Are Social—reveals that more than 6 in 10 people on Earth now use the internet. Internet users have grown by more than 330 million over the past year, reaching a total of more than 4.7 billion at the start of April 2021. There are 5.27 billion unique mobile users around the world, which means that more than two-thirds of all the people on Earth now have a mobile phone.
Can We Learn to Live With Germs Again? (NYT) For more than a century—since scientists first learned that unseen germs cause infection and illness—we’ve tended to think of sterile environments as the safe ones. And at the start of the outbreak, when we didn’t know any better, it was sensible to disinfect as much as possible, including our groceries, clothing and personal spaces. It took time for coronavirus researchers to figure out that the risk of surface transmission is low—the Centers for Disease Control and Prevention only recently pegged it at generally less than one in 10,000. Despite the now consensus recognition that air transmission, not surface spread, is more important, most pandemic sanitation practices have continued. We continue to annihilate every microbe in our midst, even though most are harmless. The New York City subway, for example, has been undergoing a 24-hour cleaning protocol that includes ultraviolet light and a variety of disinfecting solutions. But some health experts are watching this ongoing onslaught with a mounting sense of dread. They fear that many of the measures we’ve employed to stop the virus may pose a threat to human health in the long run if they continue. Their worries center on the human microbiome—the trillions of bacteria that live on and inside our bodies. They say that excessive hygiene practices, inappropriate antibiotic use and lifestyle changes such as distancing may weaken those communities going forward in ways that promote sickness and imperil our immune systems. By sterilizing our bodies and spaces, they argue, we may be doing more harm than good. “We’re starting to realize that there’s collateral damage when we get rid of good microbes, and that has major consequences for our health,” says B. Brett Finlay, a professor in the department of microbiology and immunology at the University of British Columbia.
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Sumptuous Hotels Vs Budget Hotels
An inn is depicted as "a foundation that gives paid housing on a transient explanation." (See 1.)
In the early broad stretches of the lodging, workplaces were astoundingly key, ordinarily a room that has a bed, a storeroom, a little table and a washstand. Nowadays, most rooms are furnished with present day working environments. Notwithstanding washrooms, there is cooling, a phone, TV, Wi-Fi (web availability), and a more humble than standard bar with snack and beverages budget apartments .
Inn workplaces as time goes on have changed in a general sense. There a few exceptional sorts of lodgings to suit basically every individual's tendencies, needs and explicitly, spending plan. The two key sorts of lodgings are lavish inns and spending inns. However both have comparable focal facilities, these two sorts of inns have essential separations:
Spending Hotels
As the name recommends, these inns were set up for individuals who have a little financial course of action and as such need to spend as little as could really be viewed as average. The rooms in these lodgings customarily have the key work environments, for example, a bed and washing working environments and the greater part of them have basic toilets. Most spending lodgings are more settled. They are faultless at any rate not as unnecessary as extravagant inns. A touch of these going through lodgings are furnished with worn foundations and they don't offer anything free close to conceivably a fundamental breakfast or paper which is now and again connected with the value that they charge.
Rates for spending inns contrast enormously relying on the locale. In Los Angeles alone, spending lodgings can charge some spot in the extent of $45 to $119 consistently.
Lavish Hotels
Lavish Hotels are for individuals who are utilized to outrageous ways of life. The workers at these inns are astoundingly set up to consider all that the visitors require. They plan to give their visitors the entirety of the overabundances they need during their visit. These lodgings were inalienable such a way that their visitors' visit is totally pretty much as calm as could really be viewed as ordinary. Regardless of essential facilities in rich rooms, these lodgings are regularly equipped with spas that proposition back rubs, practice centers that have the most recent exercise community equipment, grandness focuses that offer a wide degree of significance drugs, pools, in house bars and bistros and clothing association.
These associations obviously go with significantly more imperative cost showed up distinctively comparable to spending lodgings. Different associations that you can have in rich lodgings are free room association, free papers and incredibly better station decisions on your TV. You even will utilize robes and shoes while remaining in these inns.
Basically likewise similarly as with spending inns, rates for rich lodgings move gigantically relying on the district. Rich Hotels in London charge some spot in the extent of 240 to 525 pound authentic consistently.
There is truth in the platitude "You get what you pay for." So, for individuals who have the cash to go over the edge on costly lodging workplaces, remaining in a lavish lodging would be ideal on the off chance that they ought to have the most dazzling assistance open. In any case, for individuals who have a bound financial course of action at any rate need a spot to remain while they are away from home, they are in an ideal situation remaining at spending lodgings.
For travelers who wish to advance past time, in the lodging of their decision, they can go on the web and look at the areas of various inns any place on the world.
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Total Environment Hyderabad | 3 and 4 BHK Apartments in Financial District | Price
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Properties for sale in Qatar
The real estate sector in Qatar is largely overseen by government institutions, including local municipalities <a href="https://adhunters.com/en/Al-Rumaila/"> buy Property in Doha Qatar furnished flats in Al Rumaila</a> and the Ministry of Justice (MoJ), which has a leading regulatory role as well as being responsible for registering property transactions. In October 2018 the MoJ signed a memorandum of understanding with the UK’s Royal Institution of Chartered Surveyors, a professional body that promotes global best practices in the industry, to improve market transparency and investor confidence by regulating the real estate sector in accordance with international standards.
There have recently been several legislative and regulatory reforms aimed at strengthening the real estate market. In May 2019 the Cabinet approved a new draft law covering the regulation of real estate development and proposed expanding the companies and entities permitted to participate in tenders, auctions, practices, competitions and direct agreements. The new draft law replaces Law No. 6 of 2014, which stated only insurance companies and banks were permitted to participate in these agreements.
In January 2020 the Ministry of Municipality and Environment simplified the processes for obtaining building permits and construction certificates, turning them into a single online application. These updates were put into effect in early February 2020.
In March 2019 Law No. 16 of 2018 was implemented, increasing the number of freehold zones in which non-Qataris can purchase real estate from three to 10. In addition to designated areas such as The Pearl, West Bay Lagoon and Al Khor Resort, foreigners are now allowed freehold ownership in Rawdat Al Jahaniyah, Al Qassar, Al Dafna, Onaiza, Al Wasail, Al Khraij and Jabal Theyleeb.
Although foreigners remain unable to obtain Qatari citizenship, the purchase of real estate with a minimum value of QR728,000 ($200,000) in any freehold zone automatically grants permanent residency to both buyers and their families. An additional measure to entice foreign investment saw visa rules altered to allow homebuyers to obtain real estate visas, letting them live in the country without sponsorship. According to Mazen Alsbeti, chief business development officer at general contracting company Power International Holding, this liberalisation of visa laws is encouraging non-Qatari real estate investment in a number of areas, particularly in the freehold zones of West Bay Lagoon, Onaiza and the recently developed Lusail City.
Size & Performance Real estate activity peaked in 2017 with a total value of QR38.3m ($10.5m). Following the establishment of the blockade and a dip in oil prices, in 2018 there was a significant decline in the value of real estate activity. Total real estate activity fell from QR10m ($2.7m) in the fourth quarter of 2017 to QR9.4m ($2.6m) in the first quarter of 2018 – a quarter-on-quarter decrease of 5.6%.
According to local media, in 2019 the country’s real estate sector saw deals valued at more than QR22.8bn ($6.3bn). In the first quarter of 2019 the sector saw some 1065 transactions totalling QR5.1bn ($1.4bn), while in the second quarter transactions were valued at around QR5.7bn ($1.6bn) from 930 transactions. In the third quarter of 2019 the sector slowed somewhat, with 823 transactions totalling QR4.5bn ($1.3bn); however, this turned around in the last quarter of the year, which saw a high in terms of value with 934 deals accounting for QR7.1bn ($2bn). According to the Planning and Statistics Authority (PSA), December 2019 saw deals worth QR1.58bn ($433.7m), compared to QR1.55bn ($425.4m) in November of that year. This monthon-month growth of around 2% indicates that slow but steady improvement may be anticipated for 2020. The highest transaction prices were seen in The Pearl, Salah Al Jadidah, Lusail and Abu Hamour.
Individual property sales have fared less well in recent years. The real estate price index, which lists property sales registered with the Ministry of Interior, rose by 16.5% and 34.7% in 2013 and 2014, respectively. October 2015 marked an all-time high of 311.5 points on the index, according to the Qatar Central Bank’s “Financial Stability Review”. Since 2016 the industry has slowed and the real estate price index has subsequently declined. At the end of 2018 the index stood at 246.14 and after briefly rising to 250.74 during the first quarter of 2019, declined to 225.76 in December of that year.
According to Mohamad Al Ishaq, rental and real estate manager at management consulting company KBM Group, the fall in prices is not a cause for concern and is part of a healthy rebalancing that has made Qatar’s real estate more competitive regionally and has attracted foreign investors. “Over the last few years land prices in particular have fallen by between 10% and 40%, which means that people are buying and building again,” Al Ishaq told OBG.
Major Developments Commercial and residential stock continue to increase in the wake of a number of ongoing developments, the largest of which is Lusail City, located along the northern coast of Umm Salal, north of Doha. Developed by Qatari Diar, the real estate wing of the Qatar Investment Authority (QIA), Lusail covers an area of around 38 sq km. In addition to the 80,000-seat Lusail Stadium, which will host the opening and closing ceremonies of the 2022 FIFA World Cup, the new city is home to 10 hotels, 3000 villas, and 12,000 apartments and retail areas, and will accommodate approximately 200,000 permanent residents.
Lusail City is not the only mixed-use development under way. Al Waab City, owned by Nasser Bin Khaled Group, covers around 1.2m sq metres and is estimated to cost QR13bn ($3.6bn). Built with a focus on environmental sustainability, the development contains 2411 residential units, 232,700 sq metres of commercial space and a 425-room hotel complex. Other notable developments in the pipeline are Asia Towers, Al Sadd and Msheireb Downtown Doha. Developed by Msheireb Properties, a subsidiary of Qatar Foundation, the Msheirib Downtown Doha project was completed in 2019 and is considered the first fully sustainable regeneration project in Qatar. Meanwhile, the first phase of the Hamad International Airport extension, which will increase its annual capacity to 53m passengers by 2022, is also nearing completion. The extension, whose second phase will increase annual capacity to 60m passengers, is expected to drive growth in the hospitality sector (see Tourism & Sport chapter).
Other developments that look likely to have a positive impact on the real estate market include Qatar Rail services like the Doha Metro, which opened in 2019, and the Lusail Light Rail network, scheduled to launch in 2020. Real estate developments in areas served by Doha Metro’s 37 stations will benefit from greater connectivity between residential, commercial and leisure districts. Tenant demand in these areas is expected to increase, putting positive pressure on occupancy rates and rental prices
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Top 5 Markets for Multifamily Construction Activity | Resident First Focus
The five metros on this list account for almost a third of the units under development nationwide, based on Yardi Matrix data.
Multifamily development activity during the first and second quarters was impacted by lockdown measures, even though many states either classified construction as essential or allowed it to continue with minor restrictions. According to NMHC, the majority of multifamily developers reported that the COVID-19 crisis has slowed down their projects.
According to Yardi Matrix data, 600,900 units were underway throughout the country, as of June. The bulk of construction is concentrated in major multifamily markets, where demand for new supply was high before the pandemic. The total number of apartments underway in the five metros on this list account for 30.6 percent of the nation’s pipeline.
5. HOUSTON
More than 28,000 units were underway in Houston in June. In the metro’s West End-Downtown submarket, GID was working on the 600-unit second phase of The Sovereign at Regent Square. Expected to come online by the end of 2022, the project is part of a three-phase community, with the final phase still in the planning and permitting stages. When completed, the upcoming property will be the submarket’s fifth-largest community and the largest to come online in more than a decade.
Houston has faced a series of challenges over the past couple of years, which have heavily impacted its economy and multifamily market. This year, the coronavirus pandemic pushed oil prices to an 18-year low, severely affecting the energy sector and the metro’s overall employment. Houston lost more than 250,000 jobs in the 12 months ending in May, with unemployment rising from 5.5 percent in March to 14.3 percent in April. And according to June estimates, while the metro managed to slightly bounce back from these losses and improve its unemployment rate to 9.9 percent, its economy will likely continue to contract over the coming quarters.
4. LOS ANGELES
At the end of June, developers were working on almost 30,000 units in metro Los Angeles. In the Hyde Park submarket, Carmel Partners is developing the metro’s largest project, the 1,210-unit Cumulus. Constructed with the help of a $462.7 million loan from Pacific Life Insurance Co., the development is located within an Opportunity Zone and is expected to come online as early as the first quarter of 2022.
Prior to the pandemic, 2020 deliveries forecast in the metro was expected to surpass the number of units completed last year by more than 70 percent. But as California was one of the first states to impose a stay-at-home order and as the number of confirmed coronavirus cases spiked over the past month, uncertainty looms over the number of projects expected to reach completion by year-end. While the leisure and hospitality sector shrunk by 43.9 percent, construction jobs only contracted by 4 percent during the same period. In total, the metro lost more than 600,000 jobs in the 12 months ending in May.
3. MIAMI
Developers were working on projects totaling more than 33,500 units in the metro in June. But as Florida became the pandemic’s new epicenter by mid-July, it is uncertain how many of these projects will deliver on time. As of June, the largest project underway was Melo Group’s Downtown 5th, a 1,042-unit property expected to come online in the first quarter of 2023. Earlier this year, the company opened Miami Plaza, a 425-unit community in the Arts and Entertainment District of downtown Miami. The asset marks the firm’s final development in its plan to bring more than 2,000 transit-oriented apartments to the area.
Miami’s strong job market, driven by its business-friendly climate, has felt the burden of the health crisis. The metro lost 121,100 positions in the 12 months ending in May, equal to a 9.6 percent plunge. As expected, the leisure and hospitality sector was the hardest hit, down by 37.3 percent, or almost 55,000 positions. Meanwhile, with construction deemed essential during the state’s stay-at-home order, leisure and hospitality was the only major sector to remain afloat during the first months of the pandemic, adding 3,400 positions. Overall, the metro’s unemployment rate rose from 4.1 percent in March to 13.4 percent in April, and then dropped to 11.3 percent, according to June estimates.
2. WASHINGTON, D.C.
More than 39,000 units were underway in the metro at the end of June. Lerner Enterprises’ upcoming 1,618-unit Black Hill Germantown is expected to reshape the Germantown-Montgomery Village submarket. Part of the company’s mixed-use master plan, the multifamily project is slated for completion as early as the end of 2020. The overall development is expected to include more than 3 million square feet of office space, a hotel, and some 90,000 square feet of retail. At full build-out, the multifamily segment will be the submarket’s largest community to date.
Before the pandemic, D.C. saw positive employment growth thanks in part to its leisure and hospitality sector, one of the best-performing industries in Washington, D.C. But as the city was forced to issue a shelter-in-place order at the end of March, employment in the metro began to contract, down by 317,900 positions in the 12 months ending in April, with tourism-related jobs accounting for more than half of that. Leisure and hospitality declined by more than 45 percent, diminishing its share of the total employment pool to just shy of 6 percent. However, June estimates showed that construction jobs, which dropped 5.1 percent year-over-year through April, started to increase in May.
1. DALLAS
Developers were busy in Dallas, with more than 53,000 units under construction as of June. Columbus Realty Partners is developing the largest project in the metro—the 1,625-unit expansion of its Parkside at Craig Ranch campus. Five of the six buildings are expected to reach completion this year, with the largest one slated for delivery in 2022. Furthermore, the four phases of the development pushed North Frisco-West McKinney to the top of our breakdown of the most active North Dallas submarkets for development activity.
Texas and Dallas have both taken significant steps toward diversifying their economies in recent years. This, coupled with the metro’s highly skilled workforce and business-friendly environment, made Dallas attractive to a series of smaller and larger companies looking to expand their operations to new markets. As a result, Dallas strengthened its financial activities sector, leading the nation with the highest number of new jobs added to the sector in 2019. Financial activities was the only industry exempt from the total jobs lost in the metro—150,400 positions—in the 12 months ending in April when. The current health crisis, however, has forced a break in Dallas’s outstanding expansion, but not in terms of development activity.
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Author’s note: Yardi Matrix covers all multifamily properties of 50-plus units in size across 133 markets in the United States. This ranking reflects properties that are under construction within that sample group. This article was originally published in Multifamily Housing News on Aug. 21, 2020.
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Trends That Will Reshape The Real Estate Market
Among the many different factors influencing the way real estate is developed, transacted and used in India, there are five big major emerging trends that have both real-time and long-term significance:
Co-working spaces finding favour with independent consultants and freelancers.
With the growing start-up ecosystem across India and the central government creating an enabling environment for entrepreneurship, demand for office spaces matching such firms’ requirements has gone up in the last few years.
Also, due to the rising number of freelance professionals or consultants in today’s globalized workforce, office communities or co-working spaces are gaining popularity.
Co-working spaces are popping up across Indian metros as well as tier-II cities, and are helping many start-ups get flexible working options at prices they can afford. These spaces offer desks at cheaper rentals and some also allow a rent-free period to tenants apart from utilities and an office-like look-and-feel to potential start-ups.
Some of the co-working places also work as incubation centres for the urban centres they are based out of. Interestingly, start-ups buying/ leasing real estate to sub-lease it to such tenants is also on the rise. At a rough estimate, over a 100 of such players are already active across India. This trend is slowly and surely catching up in India.
Crowdfunding beginning to take hold
Crowdfunding helps innovators and inventors raise money for launching their products or services through the Internet. The practice involves raising small amounts of money online, from many people across the globe, to finance a project or venture. While other industries have seen the emergence of a more dynamic crowdfunding scene, real estate’s popularity still has a lot of catching up to do.
Some experts have pointed at the maturing crowdfunding scenario in the U.S., where the amount of money raised and the size of deals, as well as the speed at which they occur, have all steadily increased. In China, the real estate industry is no longer the exclusive preserve of big investors, and property developers have turned to crowdfunding to help finance the construction of commercial and residential projects.
Although in nascent stages in India, crowdfunding can pick up here as well because the financials of many developers are stretched. With increased digitalization and transparency, investors can be expected to open up to this way of investing if they can expect good returns. Already, non-resident Indians can invest in the country’s real estate under the same conditions applicable to residents. Moreover, a marketplace is already bringing together real estate investors as also listing premium plots, apartments and villas. This sector is likely to evolve and grow in the coming years.
Transparency to increase and help attract more funding.
Two-thirds of the real estate markets globally have shown progress in their levels of transparency over the past two years, according to JLL’s Global Real Estate Transparency Index (GRETI) 2016. India too made improvements in overall transparency scores by moving up four places, and its Tier-I cities are expected to break into the transparent category in the 2018 rankings.
Out of 109 countries, the top 10 highly-transparent markets alone corner 75% of global investment into commercial real estate (CRE), highlighting the extent to which transparency drives real estate investment decisions. At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes.
Capital allocations in excess of $1 trillion will be targeting CRE within the next decade, compared to $700 billion now. This growth means investors will continue to demand further improvements in real estate transparency. There’s also mounting pressure from the world’s growing middle classes to weed out corruption from real estate, which will speed up this pace of change especially in the semi-transparent markets. Social media will also help mobilize people in this direction.
Retailers looking favourably at office-retail complexes.
For quite some time now, retailers have been road blocked by a lack of available quality retail space. At such a time, office-retail complexes (ORCs) are emerging as alternatives to high streets, and even malls, for some categories of retailers such as F&B (quick service restaurants, coffee shops, fine dining, pubs, etc.) or BFSI (bank branches, ATMs, broking services, etc.).
Since most part of the day of a working individual is spent at the office during weekdays, retail services benefit immensely by locating themselves close to, or within, business districts. Retail categories such as telecom services, office formals, leather bags and accessories, high-end fitness centres, premium salons, eyewear and mobile manufacturers are now all looking favourably at ORCs.
Of the total retail presence in office buildings across major tier-I cities, a dominant 26% is occupied by F&B and a significant 23% is occupied by retail BFSI outlets. While retailers get the dual advantage of paying lower rents compared to premium spaces in Grade A malls and closer access to their main target segment of office-goers, developers are also open to experimenting more with a mixed-use format rather than a standalone retail format. This way, they can allow for quality retail on the lower floors and commercial spaces on the upper floors.
Technology transforming real estate requirements across the globe.
Tech-enabled workplaces are becoming more common across the globe. In U.S., research on the budgets of clients’ interior build-outs are showing very interesting results, with IT costs as a proportion of overall construction budgets increasing rapidly. Earlier, they were around 5% of the overall construction budgets over the last decade.
More recent build-out budgets show the expansion of IT services from cabling and wiring to more than a dozen items for technology, including access devices, infrastructure, mobility, connectivity, data security systems, wireless connections and upgrades, business-specific apps, company-specific conferencing and presentation capabilities. All of these items can add up to 35% or more of a budget for a truly technology-focused company.
This theme is seen in every tenant build-out today, from traditional law firms to new campuses built by companies like Facebook and Apple. The aesthetics and prestige of an office, which were formerly the primary considerations, are beginning to take a back seat to the technology and the connectivity within buildings. Some corporate occupiers in India are starting to invest more in the expansion of their IT infrastructure.
KUL Kumar Builders aim to incorporate all these concepts in their projects ensuring clients are handed over keys to an up-to-date, sustainable and ultra-modern home and office. This commitment lands us the top spot as one of Pune’s best builders
For more info-http://kul.co.in
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