Archive for the ‘Commercial Real Estate’ category

DHA Lahore Is Involved in Various Breakthrough Projects

December 9th, 2011

The Defence Housing Authority was established in 1975 and since then it’s striving hard to make life worth living in the locality. The Defence Housing Authority is under direct control of Pakistan Army’s high officials who insure the best services and atmosphere there. Through years, the DHA has expanded to places far and wide by acquiring Lahore Property in bulk from the nearby landlords.

Now the DHA is considered to be the most luxurious and expensive place in Pakistan. The Defence Housing Authority has divided itself into various phases and blocks. Currently the Defence Housing Authority is also involved in various projects, which will further make living in Lahore a worthwhile experience. Following are the glimpse of projects started by the Defence Housing Authority.

DHA Haly Tower:

Global Haly Investments and the Defence Housing Authority have entered into a joint venture to develop a seventeen storey commercial complex. This project will be one of the major advancements in Pakistan Properties as it will be constructed in the heart of the DHA Lahore area. DHA Haly Tower will have four basement levels which will accommodate approximately three hundred cars.

Upper, lower ground, first and second floors will have state of the art shopping malls; rest of the floors will be reserved for high-class offices. This project is under construction and is expected to be completed soon. The DHA Haly Tower will have all kinds of facilities that an international standard shopping malls have.

Five Star Resort Hotel:

The Defence Housing Authority has also planned for a five star resort hotel which will be a real breakthrough in Lahore Real Estate. This project will cost more than a hundred and fifty dollars and will be constructed by top constructors. Second phase is completed and project’s final planning and construction is soon to be started.

Golf Course Housing Scheme:

The Defence Housing Authority has total commitment to its work and is always striving hard to bring utmost results. Another project of the society is the Golf Course Housing Scheme, which will give Pakistani citizens another facility to live in most luxurious homes that cater every need of the elite class. The DHA aims to fulfil all the demands and desires of people waiting to live life in lavishness. To fulfil dreams of people, the DHA has struck a partnership deal with a Malaysian developer with track record of creating luxurious and high quality homes. These two mega brands have come together to construct Pakistan’s first Golf Resort and housing community in the heart of Phase VI of the DHA Lahore. » Read more: DHA Lahore Is Involved in Various Breakthrough Projects

Commercial Real Estate Agents – Double Up Your Listing Success and Commissions

July 21st, 2011

Success in any sale career comes down to one major thing. It is you. Sure you will say the market and the economy have something to do with it, although I will say the most important underlying factor that must be on your side is your own personal focus and diligent action. Commercial real estate is exactly like that.

Now this simple fact is the hardest to get under control. We all have choices in the action we take, however most salespeople do not make the right choices or do not make enough of them. Random and generic action is more common than you would think in the property industry. That is why many agents struggle when the market becomes difficult.

The best and most successful real estate agents working on commercial property make deliberate choices to do the following very well:

  1.  Prospect every day within their market. They build a market share and identity that supports continuous personal branding.
  2. Grow their database with qualified prospects and then maintain contact with them for the long term. The database has to know you the person and not particularly the real estate business.
  3. Inspect property with an eye for detail, identifying important issues that help to create the sale.
  4. Be prepared to offer sales and lease solutions that are relevant, special, and timely. Make sure that they tap into the client’s property ‘pain’ and provide a clear solution.
  5. List property at the right price or close to it. This helps the marketing for the client and does not waste the time of the agent.
  6. Market property using the best tools available that reach the target market for the property.
  7. Communicate continually with property owners in ways that keep control of the listing and convey the accurate feedback.
  8. Negotiate with parties with a view to fair and focused outcomes given the conditions of the market.
  9. Remember just who the client is and what they have as the targets in the sale or lease process.
  10. Keep abreast of rents and prices of comparable property activity in the local market so that any listings and negotiation can be supported by third party evidence.
  11. Close the sale or lease and then keep on top of the documentation and settlement procedures for the client.
  12. Look for opportunity for your clients so you can do more ‘off market’ deals where property circumstances exist. » Read more: Commercial Real Estate Agents – Double Up Your Listing Success and Commissions