Exotic real estate property in India to bring your dream into a reality

Do you want to establish your personal or business base in India? Or do you want to shift to a new place in India and settle there or are you interested in taking a personal or commercial property in India on rent or lease. If you have any such interest then here is the solution for you.For getting assistance while selling or buying a real estate property in any part of India, you just need to log on to www.propirika.com, and place your queries or demand and immediately you will be provided with the assistance. Buying a real estate property in India is a big achievement in itself, as it apart from providing you with the space, will also give you a sound financial investment. Yet, everybody knows that buy sell properties in India is not as easy as it used to be once upon a time. Still there is no reason for you to worry, because Propirika can help you in getting your dream place with ease and moreover will also help you in getting a genuine transaction done. Driven by the sole motive to satisfy the customers at any cost with genuine efforts, Propirika can help you in buying or selling of real estate property in almost every part of the country like Delhi, Mumbai, Bangalore, Kolkata, Chennai, Hyderabad, Gurgaon and many other places as well.So if you are interest in selling or buying of real estate properties in India or even if you want to take them on a rent or lease basis, then just come to place your demand on www.propirika.com and raise your demand. And then you will be provided with expert help and support to get the genuine transaction done, which will be profitable for you in all the ways. About the CompanyPropirika.com is an India based website, which offer services related to the property transaction in all the major cities of India. For more information log on to www.propirika.comContact Details:SRK HomesPropirika Team#2 RMV Second StageSanjay NagarBangalore Karnataka, 560094IndiaTel. +918023418787 +918023418787 Email: info@propirika.comWebsite: http://www.propirika.com/

Source: BigNewz

Digikore Studios to Create India’s First Truly International Character Property ‘Charlie Black’

Pune, Maharashtra, India, Wednesday, September 02, 2009 -- (Business Wire India) Digikore Studios Limited is creating India’s first truly International Character property for the Global Market. Charlie Black, a Female Secret Service Agent, will first appear in Comics by the first / second Quarter of 2010. Digikore has plans to create over 200 issues of The Adventures of Charlie Black and is already ready with 12 issues.
“The Adventures of Charlie Black is a fast paced Action Adventure Comic series with enthralling stories and edge of the seat action. Charlie Black is a cocktail of James Bond and Lara Croft with added punch”, explained founder Director Digikore Studios and Charlie Black creator, Mr. Abhishek More. Digikore’s goal is to make “Charlie Black” a World Famous property with a huge fan following all over the World. “Once we establish Charlie Black as a property through the comic series, we plan to launch a Global Licensing and Merchandising programme for Charlie Black covering Accessories, Apparel, Domestic & Linens, Food & Beverage, Gifts and Novelties, Health and Beauty Aids, Houseware and Home Furnishings, Stationery and Paper Goods, Toys and Games, Mobile, Console and PC Games etc.”, added Mr. More.
The latest entrant in the Global Comic Publishing Industry, Digikore’s aim is to be India’s largest creator of International Comics within 3 years. Digikore will be the first Indian creator of Comics creating properties with worldwide appeal. “Our expertise lies in creating World Class comics and we will focus on creation rather than Publishing. We will publish our comics through license arrangements with Publishers all over the World. We are presently talking to various Publishers in the US, UK and Europe to publish the Adventures of Charlie Black and are also open to license proposals from Publishers in Asia, Oceania, Middle East and South America”, added Mr. More. Our key target territories for Charlie Black include, US, Canada, UK, Argentina, Australia, Austria, Belgium, Brazil, China, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Italy, Japan, Malaysia, Mexico, Netharlands, New Zealand, Norway, Philippines, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UAE and Venezuela.
The Adventures of Charlie Black’s broad appeal lies in its strong storylines and flashy artistry. Digikore has some of the best talent in the country churning out quality comics. With limited availability of good comic artists in India, it was a challenge for Digikore to put up a good team. Since most of the comics created in India so far have been based on Indian folklore, Indian based themes or Indian mythology, it was not easy getting talent that was capable of visualizing and creating content that needed to have an International appeal. “The idea of Charlie Black came to me about 2 years ago and as I started discussing this property with more and more people I started realizing the potential this property has. Charlie Black may well be the first Indian Property with a Global Licensing and Merchandising programme”, said Mr. More. Armed with close to 10 years of experience in the Animation, Comics and Licensing industry, Digikore is on a path to create history in the Indian and Global Entertainment sector.
In the competitive global market where new properties are created everyday, Digikore has worked out a unique approach for promoting Charlie Black. Digikore believes that this approach will not only exponentially increase the sales of comics but will also create a huge base of fans globally for the Licensing and Merchandising programme. “Even though we are very happy with the way things are going with the limited financial resources we have invested in this project, we are definitely open to Investors with whose help we can take this property to greater heights. Our goal is to make Charlie Black India’s first US$ 100 Million+ Entertainment property”, added Mr. More.
Apart from Charlie Black, Digikore is in the development stage of two more entertainment properties. “We have always believed that the strength and value of a company lies in their Intellectual Property. We are working towards creating a basket of properties that will position Digikore as a formidable player in the Entertainment business. Our goal is to create exciting entertainment properties and deliver them in as many places through as many channels as possible”, added Mr. More.
About Digikore Studios Limited:
Digikore Studios Limited (http://www.digikore.com) is one of India’s leading developers of Comics. Apart from creating Comics Digikore also creates 2D and 3D Animation for Film and Television. Founded in the year 2000, Digikore has clients in the US, UK, Canada, France, Denmark and Holland. Digikore’s mission is to create a basket of Global character properties and deliver them through as many media channels as possible in as many countries.

Source: Business Wire India

Real estate buffeted by strong currents

Real estate in India has always been the playing field for entrepreneurs. This industry has witnessed unprecedented highs and frightening lows over the years. One is often left dyspnoeic with the continuous shifts in this sector.

Market Dynamics

Due to rise in demand in the IT/ITeS sector and significant increase in FDI, the commercial and retail real estate markets experienced tremendous growth in the first quarter of 2008. Land deals accrued around Rs 23,000 crore with additional deals worth Rs 10,000-crore in the pipeline. The highest recorded land deal was Mumbai's Bandra-Kurla Complex.
However, it has not been an easy journey for all in the property market. Last year, the global property collapse exacerbated by the credit bubble burst resulted in reduced finance and business activity. Equity markets also remained lacklustre and raising money through IPOs proved to be difficult. Both real estate giants, Unitech and DLF, delayed the plans to raise money through REIT issues after witnessing unfavourable initial response.
Consequently, lack of funds forced developers into high interest loans. High credit amounts proved to be detrimental for property companies. Most companies borrowed a large portion of their land-development outlays up front and relied on advance sales to repay these loans. However, poor sales led to delays and massive cost overruns. According to industry estimates, around Rs 8,000 crore worth of projects had faced considerable delay by June 2008.

The Ripple Effect

The collapse of Lehman Brothers, in September 2008, was perhaps the most significant event that spiflicated an already floundering property market in India. It triggered a shockwave that rippled through the liquidity centric commercial and retail real estate markets leaving a trail of defaults, delays, and losses. Even though property prices have corrected by 22-42% in major cities over the last few months, 10-15% downside is further expected. Commercial real estate demand has languished as corporate firms deferred expansion plans to deal with the credit situation.
Negative absorption rate aggravated by falling rentals led to decreasing margins. Companies like DLF, with 40% of its portfolio in the commercial and retail space, reported 29% y-o-y decline in 2009 revenues while its net profit plummeted by 43%. Similarly, the top line was also distorted for companies like Ansal (-26%), Parsvanath (-60%), etc.

Timely Measures

Timely and synchronised measures taken by central banks and governments around the world restored balance and prevented a total collapse of the financial system. Thus, markets saw a mild recovery. According to Rajeev Rai, vice-president of Corporate Assotech Ltd, “To counter decreasing demand and to gain confidence of all stakeholders of Indian real estate, associations like NAREDCO and CREDAI decided to bring down prices of various properties by reducing overheads and marketing costs. In some cases, ticket size of the property was reduced with reduction in size of apartment to make it more affordable for the masses.”

Real estate market is improving: Time to buy

The figures in US from the National Association of Realtors show that pending home sales for July increased by a 3.2 percent margin, bringing the organization's Pending Home Sales Index to 97.6. This is a 12 percent improvement over last July's figures, and the highest level for the index since June 2007.
There is strong new reports that the global real estate market is hitting the bottom and some impressive positive news is coming from real estate markets around the world.
In the U.S., the real estate market has yet to hit the bottom, but at least it is very close. There are 2 factors that would determine recovering the real estate market: one is when job losses stop and new jobs are created and secondly when the real estate prices are realistic reflections of what people can afford to buy.
The news that the real estate market is recovering based on recent sales doesn't really reflect real recovery.What is happening is that people are buying houses at bargain prices. The value of sales is up and this is a good sign but still the real estate market would probably start recovering by next spring.
Around the world there is positive news in India where there is a huge demand of the population for real estate that is the main factor for the real estate boom--and also in the Middle East where the population growth in 15-20 years is estimated to triple. The European real estate market mirrors what is happening in the U.S. There are some signs of improvement in Africa and Latin America but not as strong as in Canada, India and China. The Canadian Real Estate Association reported that realtors sold 50,270 units sold via the multiple listing service last month. That's an 18.2 per cent jump from a year ago. It also marked the first time sales had topped 50,000 in July. Sales of existing single-family homes jumped 55 percent in the 2009 second quarter compared to the 2009 first quarter. Realtors sold 18,141 homes in the second quarter.
In China the strength of the property sector has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June. This masks the fact that in second and third cities prices have been strengthening much more. Property normally accounts for about 25% of fixed asset investment in China and is a key form of wealth holding for most Chinese. Optimism about housing prices will translate into greater consumer confidence.
Chinese commercial real estate sales have increased in the first half of the year, recording more sales that the US and UK markets combined. Global commercial real estate sales are expected to continue growing in the second half of the year, which analysts believe will be the first step to global economic recovery.

Source: Business News

Mumbai property attracts investors

The city of Mubai is now the most popular place to buy property in India, while property in Chennai has replaced property in Bangalore as the most favoured place to buy real estate in the south, according to a new survey published on the India Real Estate Monitor.
The survey says that “trend in residential space across top cities in the current scenario” ranked Mumbai as the top destination to invest in property while in the south of India, Chennai is in the first place for property investments, overtaking Bangalore.
Cities like Patna, Nasik, Tiruchirapalli and Madurai have also become popular destinations to buy property in the country, the survey said.Additional research from the survey shows that 60% of respondents – around 3,000 people took part in the questionnaire - believe that interest rates for mortgage loans had further to fall over the next few months.
Consim Info Founder and CEO Murugavel Janakiraman said: “Market sentiments are reviving and people are ready to invest. Based on our survey, more than 60% of customers are looking at buying residential properties in the next six months. They also have a hope that interest rates on home loans will soon come down.”

Source: Homes Overseas