Thursday, 24 October 2013

Cappadocia Underground Cities


Among the most intriguing and fascinating tourist attractions of Turkey are the underground cities of Cappadocia. Built over a period spanning hundreds of years, the area now includes several such complexes many of which are now open to the public. The main tourist locations are the underground cities of Kaymaklı, Derinkuyu, Özkonak, Mazi and Ürgüp.




The Cappadocia Underground Cities, found mostly in the Nevsehir region in central Turkey, are a series of magnificent subterranean cities built by the Troglodytes or ‘cave goers’. Of the almost forty known Cappadocia underground cities, some in Nevshir are open to the public, including Kaymaklı, Derinkuyu, Özkonak, Mazi and Ürgüp.

These Cappadocia underground cities were built by early Christians persecuted for their faith. It is unclear as to when the Cappadocia underground cities were constructed, but the earliest Christians were believed to have settled in the area in the fourth century.

The most incredible aspects of the Cappadocia underground cities are their sheer scale and complexity. Some of these cities delve eight levels underground, with comprehensive living quarters and facilities for making grape juice, cooking, drainage and plumbing and even stables for horses. Of course, these underground cities were also vital forts, protecting their citizens, and the Cappadocia made provisions for this, including sturdy doors and even holes in the ceilings through which to pour hot oil over any intruders.

Visiting the Cappadocia underground cities is an exciting, authentic and fascinating journey. The Cappadocia underground cities have been a UNESCO World Heritage site since 1985.

Saturday, 7 September 2013

Apartments in DLF Sky Court Gurgaon by aurumestates.com

About the project

DLF Limited, the biggest real estate firm owns years of experience in constructing some remarkable residential projects for the generation has launched its new project titled “DLF Sky court”. This new project launched in Gurgaon properties actually signifies the excellence of DLF Limited as the residential apartments constructed in this project defines the style, comforts and all the demanded luxuries of life. The residential apartments are made available in sector-86, Gurgaon and own excellent features and style in terms of architecture.

Location of the project
The project DLF Sky Court is located in such fruitful location which allows proximity to various other locations in no time. The location of these residential apartments in sector-86, Gurgaon are connected with the nearby NH-8 and from Halidrams, it could easily be reached out in mere 5 minutes. The upcoming metro station is just 2 km away from the project and also the IGI airport could also be reached with such acknowledged location. The apartments at DLF Sky court allows close proximity to IMT Manesar and MKP Expressway.




Amenities and facilities of the project
The properties in Gurgaon are well-known for their spacious area they offer with the living space. The apartments are fully air-conditioned combined with all the amenities and facilities of today’s modern life. The residential area at DLF Sky Court offers complete greenery with a sense of security. The apartments offer 24*7 power back up and water supply facility. also, the apartment complex are loaded with club house, swimming pool, play area for children, jogging area, sports facilities and many other needed amenities of daily life. In short, the living area is being created to offer a relaxed life with no worries.

Project size and scope

The apartment in Gurgaon in sector-86 covers an area of 1850 square ft under which one could entail 3bhk apartment. These apartments offer luxurious life with accommodated comforts.
Aurum Estates offers every solution that comes within the ambit of real estate business: sale& purchase, relocation, real estate investments, real estate consultancy and management.We believe in offering a solution that works and an investment decision that changes the lives of our customer.

Contact Us     
Vijay Chawla
Aurum Estates
Shop No 1 Main Sohna Road
Opposite Uniworld Garden,
Adjoining indian oil petrol pump,
Sohna Road Gurgaon
(Haryana) 122018 India
Tel : +91 124 3295123
Mob : +91 9811210388, 9999997969
Fax : +91 124 2217833
Email : vijay@aurumestates.com
Website : http://www.aurumestates.com

Bestech Park View Spa Gurgaon by aurumestates.com

Park View Spa-Get an innovative living experience

About the project
Bestech Group, the leading real estate housing group introduces a group housing complex in Gurgaon, sector-47. The Gurgaon properties face the great revolution in the housing hub in the form of most luxurious apartments created by the Bestech Group. The project is designed with the finest architecture and presented with the accommodation of all the needed amenities and facilities of life which are must in today’s modern life. The luxurious apartments will offer all the comforts and luxuries which are the need of the day.

Location of the project
The properties in Gurgaon are known for their excellent location which allows easy connectivity with the outer world. Similarly, the Park view Spa project offers such location which allows smooth and easy connection with the Gurgaon city and Delhi-NCR region. With a drive of few minutes, one could easily reach the IGI airport and also some well-known schools are also located near the project.



Amenities and facilities of the project
The luxurious apartments of Park View Spa, Gurgaon comes with the amenities like amphitheatre, Swimming pool, Meditation Park, basket ball area, tennis court, kids play, kid’s pool and many others. All the luxurious apartments are accommodated with air-conditioned environment and fully loaded with facilities like 24*7 power back up and water supply, highly tight security system with complete monitoring and many others. With every apartment, proper care has been taken in terms of electricity fitting and similar other equipments. All the things are done to offer error free living experience to the home users.

Project size and scope
The project seems to offer long lasting commitments. All the apartments are constructed after definite approval of respective authorities. Under the project, the apartments of size 2470 square ft, 3125-4645 square ft and 6553-6585 square ft are made available. The living area could be attained with the easy pay out money.

Aurum Estates offers every solution that comes within the ambit of real estate business: sale& purchase, relocation, real estate investments, real estate consultancy and management.We believe in offering a solution that works and an investment decision that changes the lives of our customer.

Contact Us     
Vijay Chawla
Aurum Estates
Shop No 1 Main Sohna Road
Opposite Uniworld Garden,
Adjoining indian oil petrol pump,
Sohna Road Gurgaon
(Haryana) 122018 India
Tel : +91 124 3295123
Mob : +91 9811210388, 9999997969
Fax : +91 124 2217833
Email : vijay@aurumestates.com
Website : http://www.aurumestates.com

Monday, 2 September 2013

Apartments for sale in Ireo Gurgaon Hills by aurumestates.com

About the project
Want to have a luxurious lifestyle with a spacious apartment? If yes, the Ireo Gurgaon hills are offering the luxurious apartment for sale. The project is designed and developed with the purpose to offer the whole new spacious arena with all the needed amenities and facilities of modern life. The project is developed by the leading real estate developer and offer the 3bhk and 4bhk apartments for sale. The Gurgaon properties often experience such property demands which are being fulfilled with a good range of choices.



Location of the project
Ireo Gurgaon Hills, the premium residential apartment project is located in the Gwal Pahari region near the Gurgaon-Faridabad Expressway. The project is actually located on the main road providing the easy connectivity to the Gurgaon, Faridabad and Delhi city. The project avails the easy connectivity feature with the other properties in Gurgaon and its nearby areas. Many recreational centers like shopping malls and amusement parks are located near the project.

Amenities and facilities of the project
The apartments that are developed in Ireo Gurgaon hills are summoned with the needed amenities of daily life 100% water supply and emergent power backup and also 3-tier security system. The apartment complex is loaded with club house, swimming pool, gym, play area for children, jogging track, community hall, shopping complex, general store, meditation center, tennis court, badminton court, cafeteria and restaurants, etc. The apartments are developed with air-conditioned rooms and exclusive designed with regard to flooring and kitchen.

Project size and scope
The project comprised of somewhere 268 residencies which are being divided into 6 towers. The choice with regard to living space comes with 3 and 4bhk apartments which cover the area of 4784-10901 sq ft. the project offer the spacious area to suit the customer’s needs and are made available at very competitive prices.

Commercial Properties in Gurgaon by Aurumestates.com


Gurgaon is the major spot for commercial property in India as the city has attained the position of outsourcing hub in the world. The commercial properties in Gurgaon are the hot favorite among the business leaders as the city has become the new destination for business. With the easy availability of several commercial spaces in the city, one could have the desired choice with regard to office spaces and shops.
The growing demand for commercial property in Gurgaon arises because of close proximity to the Delhi and other NCR region. The city offers great employment and business opportunities which provokes many working professionals to move to the city for employment or for business. With the excellent location, many business concerns have established themselves or planning to establish in the city.


The Gurgaon properties offer several needed amenities and facilities with the commercial spaces. The facilities which are provided with the office spaces and shops are security, air-conditioned working area, 24 hrs backup and many more. The office spaces and shops are made available in the shopping malls and commercial complexes which are specially designed to serve the needed working space to the professionals.
With the growing initiation of many renowned real estate developers, Gurgaon experienced the incoming of several shopping complexes, movie theatres, health clubs and many other commercial hubs which gives encouragement to employment in many ways. The properties are available for the buyers both for sale and rent. If you feel that you are not in a position to buy the property, you can hire the same on rent.
In the beginning, the rates of the commercial properties are touching the sky. But with the changing time and preferences, the rates have become easily affordable. With the great choice with regard to many commercial spaces in Gurgaon city, you can have the perfect location and meet your targeted business goals.

Aurum Estates offers every solution that comes within the ambit of real estate business: sale& purchase, relocation, real estate investments, real estate consultancy and management.We believe in offering a solution that works and an investment decision that changes the lives of our customer.

Contact Us     
Vijay Chawla
Aurum Estates
Shop No 1 Main Sohna Road
Opposite Uniworld Garden,
Adjoining indian oil petrol pump,
Sohna Road Gurgaon
(Haryana) 122018 India
Tel : +91 124 3295123
Mob : +91 9811210388, 9999997969
Fax : +91 124 2217833
Email : vijay@aurumestates.com
Website : http://www.aurumestates.com

Friday, 9 August 2013

Plants need special care in the monsoon



It’s monsoon time and it is the best time to decorate and give a new look to your garden and balcony. Plants require special care during monsoon season. 
In the monsoon season plants need special care to prevent them from damage and getting them destroyed. Although it is the best time for gardening and landscaping, but still few steps are required which need to be taken in order to prevent foliage. Due to excessive humidity and water, strong winds, and presence of too much salt in the air plants can be adversely affected.
Monsoon is the season for flowering shrub and fruit-bearing trees, Plants have an easing time after planting in this humidity and rainfall. Due to soft and moist ground, it is easy to turn and plants gets settle in without facing heat of summer. By following few steps and attention it is easier to plant all sizes of trees and shrubs.
Proper drainage
In the monsoon season, water logging should be taken care firstly. Flower beds must be raised little bit in order to ensure them from water logging. Before planting plants in pots, check the drainage holes by filling the water in pots, water should be drained out.
In order to encourage new plant growth, appearance of plants and overall shape, trim and prune the gardenplants prior to monsoon. Ideal time would be in summer or pre-monsoon.
Landscaping Types
Divide the garden into soft and hard landscape. Hard landscapes consist of rocks and pathways whereas soft landscapes consist of trees, flowers, plants.
Soft landscapes require specialcare during monsoon. Due to excessive rain plants can be damaged. Trimming of plants should be done prior to monsoon, tie small shrubs with rope. Check the roots, because if they are not firmly rooted in the ground or pot than rain water can easily wash away the plants.
Lawn mower is really helpful in cutting grass in the garden. Cut the grass short and ensure if the grass is protected from excessive mud.
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Plants require watering to grow and flourish. Rain water is the best water for them to grow as it is free of chlorine. Plants are rejuvenated from Rain water. Thus, in light showers keep the plants outside sheds atleast once a week.
In monsoon season, chances of plants getting infected with slugs and snails are very prominent. Thus it requires safeguarding. Small steps can help you preventing your plants from them. Just clear the dead or decaying leaves and wet garden trash. Copper wire twined around the pots. This gives a non-lethal shock and keeps snails and slugs away from plants. Some other alternatives are; crushed egg shells, ground coffee beans and wood ash around pots. A ring of Vaseline smeared on the pots also works.

Wednesday, 24 July 2013

How to get Explosive Profits by Establishing the Value of Real Estate Gurgaon

You've located the property that you are potentially interested in purchasing, have looked at it, and determined that it meets your basic investing goals. Before you pat yourself on the back for a job well done, you need to establish its value to avoid potential financial disaster. If you take the word of the seller or the county tax rolls to establish its value, you could lose your shirt, especially in a real estate market that has seen values drop by tens of thousands of dollars within a matter of months.
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Depending upon the kind of investor you are you'll utilize one of the three methods of establishing the value of a property. They are:

Comparable Sales – If you're investing in primarily single-family or multifamily properties with fewer than five units, by far the most popular method of establishing value is the comparable sales method. This method consists of locating recently sold properties that are substantially similar to the one you are considering purchasing and are located in the same general vicinity. A skilled appraiser typically has many years of experience in determining value, but you can do the same thing either by going to your county courthouse and compiling the information yourself or by working with a realtor who might be willing to provide these figures to you. You can also get a rough estimate of values in many areas by utilizing an on-line resource such as Zillow.com. Once you have your comparable sales figures you’ll need to compensate for any differences, such as the lack of a garage, fireplace, or even a swimming pool. In order to compensate for the differences in square footage of your subject properties, you can divide the sales prices by the square footage of living space to come up with a cost per square foot.



Replacement Cost – While not nearly as popular as the Comparable Sales method, another way of determining the value of a property is by estimating what it would cost to re-create the same property in the same area. You would need to determine building costs, the cost of materials, and also make allowances for depreciation of the property so that it is substantially similar to the property you are considering purchasing. If you're experienced at estimating building costs accurately and are aware of the current cost of building materials and supplies, the replacement cost method may be one which you will want to utilize. However, it isn't utilized very frequently. If the Replacement Cost method is one that you'd like to use to determine value, you could very quickly arrive at a figure by contacting a local contractor and asking them how much they would charge you by the square foot to build a home in the area of your subject property. Don’t forget to factor in depreciation to match the condition of your subject property.

Income Valuation Method – The third method of determining the value of a property is to use the Income Valuation Method, sometimes referred to as the Net Income Approach. This method is used to determine the market value of a commercial property or a residential property with more than five units. It’s a relatively simple process. First, determine what the gross income is for the property and then subtract all expenses, including debt service on an annualized basis. Multiply that figure by a factor of ten. The resulting number is about what your property is worth. What’s nice about this sort of property is you can increase its value simply by increasing its net income, reducing operating expenses, or both.

Once you’re able to determine the value of a property you can write an intelligent offer that doesn’t cause you to run the risk of overpaying for a property. Remember, though, that real estate prices are extremely volatile right now, so make sure any properties you use for comparative purposes are recent sales figures. If you have accurate numbers, you can write impactful, precise bids that stand a greater chance of being accepted and allowing you to turn average returns into explosive profits.

Wednesday, 17 July 2013

Saturday, 13 July 2013

How to Get Free Building Replacement Cost Estimates

You can usually get a free building replacement cost estimate by calling a local independent insurance broker who represents insurers that specialize in providing property and casualty insurance coverage for residential and commercial buildings. When you call a broker, tell them that you want a replacement cost quote. Property replacement costs are calculated by using a replacement cost formula that's based on the property's geographical location and its:


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1. Street address.
2. Age.
3. Type of construction.
4. Number of stories.
5. Type of roof.
6. Current use.
7. Heating and cooling system.
8. Square footage.

Use the Eight-Step Approach to Estimate a Property's Current Market Value

Use the following eight-step approach and the current value worksheet on the following page to get a rough estimate of a potential investment property's current market value:

Step # 1: Log onto your county's property appraiser or assessor's Web site to obtain the tax assessed value of the property under consideration.

Step # 2: Search your county's property tax rolls for recent sales of three to five properties that are comparable in size, amenities and features, and located within two miles of the property under consideration.

Step # 3: Carefully analyze any comparable properties that you find, and make sale price adjustments for differences in amenities, special features and the property's physical condition.

Step # 4: Verify the income and expenses that are listed on the income and expense statement of the property under consideration.

Step # 5: Analyze the property's income and expenses for the past twelve months to estimate its net operating income potential.

Step # 6: Calculate the property's capitalization rate by dividing its potential operating income by the estimated value that you derived from analyzing recent sales of comparable properties in step number three.

Step #7: Estimate the property's value by multiplying its net operating income by the capitalization rate you came up with for the property.

Step # 8: Calculate the cost of replacing the improvements on the property using the same building materials and method of construction.

How to Accurately Estimate a Property's Current Market Value

The most common mistake that many beginning real estate investors make is that they pay too much for property. Fact is overpaying for property is often cited as the number one reason why so many newcomers fail to make it as profitable real estate investors. That's because most beginning real estate investors are woefully undercapitalized, and they don't have the deep pockets that are needed to subsidize their overpriced real estate investments.

For many neophyte investors, paying too much for their first investment property usually proves to be a very costly and fatal mistake, and marks the beginning of the end of their foray into real estate. That's why it's imperative that you learn how to accurately estimate the current market value of potential investment properties! As far as I'm concerned, it's the single most important aspect of the entire real estate investment business!
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A Fast $15,000 Profit for Knowing the Value of a Condemned House

I once bought a real estate option on a filthy, neglected, run-down, but structurally sound house in a neighborhood-in-transition in Winter Park, Florida, a suburb of Orlando, that had been condemned for building, safety, health and fire code violations. This place looked like something right out of downtown Baghdad, Iraq! It had what code enforcement inspectors commonly refer to as accumulations of every type of debris, garbage and junk known to mankind! The property's owner lived in Westerville, Ohio, and wanted the steady stream of threatening letters from the Winter Park Code Enforcement Board to stop.

I had done my homework, and knew the property was worth at least $110,000 after it was cleaned up. I ended up paying $500 for a one-year option to purchase the house for $75,000. It cost me $2000 to have all of the accumulations removed from the property, and the house, driveway and walkways pressure washed. Three weeks later, I sold my real estate option agreement for a $15,000 profit! This never would have happened if I had been clueless about how to estimate property values. Since I had an accurate estimate as to how much the property was worth in its current condition, I was able to negotiate a below market purchase price that was based on the property's filthy, neglected, run-down non-marketable condition, and not on how much it might have been worth after it had been cleaned up.
records are available online.

The Definition of Market Value

The Appraisal Foundation's Uniform Standards of Professional Appraisal Practice, defines market value as: "The most probable price a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the sale price isn't affected by undue stimulus.”

The Difference Between Assessed Value and Appraised Value

The difference between a property's tax-assessed value and its appraised value is as follows:

1. Tax Assessed Value: Tax-assessed value is the value established by the local taxing authority for a parcel of land and the improvements placed upon the land for property tax purposes. For example, in Florida, owner-occupied single-family houses are generally assessed at around seventy percent of their fair market value by county property appraisers.

2. Appraised Value: Appraised value is the value estimate given to a property by a licensed property appraiser using accepted appraisal methods for the type of property being appraised. For example, the accepted appraisal method to accurately estimate the fair market value for an owner-occupied single-family house is the comparison sales method where a property's value is based on the recent sale of comparable properties within the same area.

The Three Common Methods Used to Estimate Property Values

The three most common methods used by property appraisers to estimate property values are the:

1. Comparison Sales Method: The comparison sales method bases a property's value on the recent sale prices of properties that are within the same area and comparable in size, quality, amenities and features.

2. Income Method: The income method is used to estimate the value of an income producing property based on the net income the property produces.

3. Replacement Cost Method: The replacement cost method is based on what it would cost to replace the improvements on property using similar construction materials and construction methods.

The Comparison Sales Method of Estimating a Property's Value

The comparison sales method of estimating a property's value is based on the recent sale prices of properties within the same area that are comparable in size, amenities and features. In order to be accurate, sale price adjustments must be made for comparable properties that have been sold at unrealistically low prices or on overly favorable financial terms not readily available to the buying public.

The Income Method of Estimating a Property's Value

The income method is used to estimate the value of an income producing property based on the net income the property produces. Under the income method value is calculated using a:

1. Capitalization Rate. The capitalization rate, or cap rate, is calculated by dividing a property's annual net operating income by its purchase price.

2. Gross Rent Multiplier. The gross rent multiplier, or GRM, is calculated by dividing the purchase price by the property's monthly gross operating income.

Watch Out for Owners Using Fuzzy Math

A word to the wise: when you read a property's income and expense statement, you should always go under the assumption that the owner is probably practicing fuzzy math by fudging on the numbers, and telling little white lies to back them up. Also, use a monthly income and expense analysis worksheet like the sample copy below, to cross-check everything that's listed on a property's income and expense statement in order to reconcile the statement with receipts and tax returns against what's shown on:

1. Schedule E (Supplemental Income and Loss) of the owner's latest federal income tax return.

2. The property's latest annual tax assessment income and expense statement on file at the county property appraiser or assessor's office.

3. All of the rental agreements for the past year.

4. Water, sewage, solid waste, gas and electric bills for the past year.

5. Repair and capital improvement bills for the past year.

The Replacement Cost Method of Estimating a Property's Value

The replacement cost method of estimating a property's value is based on the cost of replacing the improvements on the property minus the cost of the land to estimate a property's value. Replacement costs are calculated on a per square foot basis by dividing the total number of square feet in the building by the per square foot construction cost. For example, a two thousand square foot convenience store that cost $375,000 to build would have a replacement cost of $187.50 per square foot, $375,000 divided by 2000.

About us

AURUM ESTATES #1-2, Opp. Uniworld Gardens, Adjoining indian oil petrol pump, Sohna Road Gurgaon (Haryana) 122018 Tel: +91 124 3295123 Mob: +91 9999997969

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