Appropriate Precautions You Should Take Before Buying a Property

<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqSEBlt3SNRtBweF7atNaduNe9rVxODeJOmNoWXAlJ-MnjfrGXX_W2NHG9D3ttGu8gDmCFzFT-kZs8Pt-YcW4Kjx45dpOM6iCdaPq5qv7HDG20lbZtpoH-wMJ8zZLUzfCCmfddYnpmOFA/s1600/1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="171" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqSEBlt3SNRtBweF7atNaduNe9rVxODeJOmNoWXAlJ-MnjfrGXX_W2NHG9D3ttGu8gDmCFzFT-kZs8Pt-YcW4Kjx45dpOM6iCdaPq5qv7HDG20lbZtpoH-wMJ8zZLUzfCCmfddYnpmOFA/s1600/1.jpg" width="640" /></a></div><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>There is an old English proverb - precaution is better than cure which would be the most appropriate when it is about buying an immovable property. Although there are several laws in place that protect a purchaser of property, however, self-help is the best help and one must do due diligence before buying a property.</i></span></div><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>Although the below mentioned list of precautions to be taken are not exhaustive, some of the important aspects one must look at are listed below, though they may vary case to case.</i></span></div><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>TITLE : </b><i>Clear title to a property is one of the most important factors to be considered before purchase. There are various means to investigate the title such as:</i></span><br /><br /><ol><li><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>By studying the documents of title to ensure that the owner has proper ownership to the property. The documents of title should be studied very carefully as any shortfall may lead to a defective title.</i></span></li><li><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>Taking inspection of the original title deeds.</i></span></li><li><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>Taking search of the land records and the records of the Sub-Registrar.</i></span></li><li><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>Taking search of the records of the society where the property is in a society.</i></span></li><li><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>Issuing public notice in newspapers calling for claims in respect of the property.</i></span></li></ol><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>PLANS : </b><i>Sanctioned plans and commencement certificate by the concerned authority should be inspected, especially for under-construction buildings. If the building is not built in accordance with the sanctioned plans, the completion certificate will not be granted. For buildings that are complete, occupation certificate/completion certificate should be verified.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>POWER OF ATTORNEY : </b><i>Many a times, the property is sold through a person holding the power of attorney (POA) on behalf of the owner. This POA should be closely scrutinized to ensure that it is property executed. As per the state government stamp act, heavy stamp duty is attracted on a POA in case the POA for sale of immovable porperty is executed to a person not closely related to the executant. Thus, in most cases, a POA is executed to a close relative as defined under the Act.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>TENURE OF LAND : </b><i>This aspect should also be considered. For example, if the land is leasehold and the residue tenure of lease is short and if there is no provision for renewal on old rent, additional ground rent may be payable by the purchaser on renewal of the lease. It is also possible that there may be no renewal clause at all.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>NOC AND DUES : </b><i>Although no-objection of a society is not required for sale as per the new model bylaws, it is preferable to obtain the no-objection certificate as well as a no dues letter from the society if the premises are in a society. In case, the building is not conveyed to the society by the builder, then a no-objection of the builder should be obtained. It should be verified that the seller has paid all his dues such as property tax, service-tax, VAT and other outgoings to the society or the builder, as the case may be.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>INCOME TAX : </b><i>One may investigate whether there are any proceedings against the seller under Section 281 of the income-tax Act, 1961. Further, if the seller is a non-resident Indian, TDS may be deducted from the consideration paid unless certificate for non-deduction or lower deduction is obtained from the concerned income-tax officer.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>PERMITTED USER AND RESTRICTIONS : </b><i>This aspect should be verified as well. For example, one should see whether the property is residential or commercial as per the Development Control Regulations. Other factors such as heritage rules, set back for road widening, may apply to certain buildings, which should also be considered.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>DOCUMENTATION : </b><i>Proper documentation should be put in place for purchase of the property. The sale document should be property stamped and registered and the original title deed should be taken bye the purchaser from the seller.</i></span><br /><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEinWy3-kM6kWCVuk_jHHVRaFL_zAo-aoSVL_uRcnv-zjprZ2yIRYJ111Jn_YRITBUz4wxV6m4jZOPfXoeCRv-e0Spr096ytEmYd2abZMFDeyDy9vglj3pbI9cB4PSttImRUq-KBM7hvYHY/s1600/2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEinWy3-kM6kWCVuk_jHHVRaFL_zAo-aoSVL_uRcnv-zjprZ2yIRYJ111Jn_YRITBUz4wxV6m4jZOPfXoeCRv-e0Spr096ytEmYd2abZMFDeyDy9vglj3pbI9cB4PSttImRUq-KBM7hvYHY/s1600/2.jpg" width="400" /></a></div><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span></div></div>

Appropriate Precautions You Should Take Before Buying a Property

There is an old English proverb - precaution is better than cure which would be the most appropriate when it is about buying an immovable pr...

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Tips For Investing In Real Estate

<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>The real estate business has been attracting investors since the days when the investment business started. It is one of the most promising places to invest your money and the results are wonderful in majority cases. Somehow, the real estate business demands thorough research and a deep understanding of the overall business process. With the right amount of time, money and investment, you can have great profiles from the real estate business. Here are some specifics about investing in real estate that could propel you to wealth quickly. I urge you to take these tips seriously.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTtKSfvRUCANoeo2gF0I4grFVMKlngQVTq1WZett8GR0V0nrMe7944whX2Rp1OQAKcLkXUTEwTu56gf_GZSR01mfft0a6PwK7JrfT07sAzD7qudMnEKbOwiqPPf691n_KZ3AgxEUxf4dQ/s1600/1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTtKSfvRUCANoeo2gF0I4grFVMKlngQVTq1WZett8GR0V0nrMe7944whX2Rp1OQAKcLkXUTEwTu56gf_GZSR01mfft0a6PwK7JrfT07sAzD7qudMnEKbOwiqPPf691n_KZ3AgxEUxf4dQ/s400/1.jpg" width="400" /></a></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><b><i><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;">1. Create a game plan</span></i></b></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Decide what you want to accomplish and outline the steps that you must take to get there. Who will be involved? How will you meet them and gain their cooperation? How much time will it take? Where will you find this time? How much will it cost, and where will you get this money? What's the risk? How will you handle it? </i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;">This plan will serve as your guide each day, so you need to get it right.</span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><br /></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><b><i>2. Start small</i></b></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>The reason you want start small is you are on a learning curve. You want to keep your risk small. I would suggest you invest a lot of time learning the basics of real estate, and a little money in your first deal. Unfortunately most people do the opposite, they invest little time and spend a lot of money. This is the reason many investors fail and they wonder why they failed. The fact, real estate is a wealth generator does not mean you don't have to learn about - how it works to make you wealthy.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>3. Only do it if you're ready to accept all consequences</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Remember, when investing, there is a risk involved. You may not make the amount of money you need. Things might be harder than you expect. The process may take longer than planned. Don't let the chance of loss and the risks scare you away, but do make sure you are ready for all consequences, good and bad.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>4. Getting started in Investing with Residential Property</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>It's easier to understand, purchase and manage than other types of property. If you're a homeowner, you've already got experience here. And you're the boss. Start close to home, so you can stay on top of things.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>5. Set your Goal</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>For achieving success in a real estate business, it is important to set a goal for yourself. One of the most common mistakes involves trading of property by the investors depending upon their emotions rather than pre-defined goals. Make sure to define proper goals and your plan should cover proper protections as well as risk mitigation techniques to avoid any problem in future.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><b><i>6. Prepare yourself well</i></b></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Do research! Research can help you do things in a more successful way and in this case it is more than true. Here are some research ideas: Books, blogs, articles, videos, etc. Read a variety of tips, tricks, and suggestions from past successful people. Keep an open mind but trust the experts. Also, conduct research about your area, the area you plan to spend money in, and the people you will be competing with.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Compile a spreadsheet and word document. If you're investing with a partner, consider using a cloud sharing method such as Google Drive or Microsoft SkyDrive in order to share documents and update each other on potential investments.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><b><i>7. Expect to make mistakes</i></b></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>When you start investing in real estate or in any business, you are bound to make mistakes everybody I know does. Remember your mistakes aren't setbacks. They are steps in the learning process. What is important is to learn from your mistakes, correct and keep on taking action. The fact you can make mistakes is one reason to buy properties with positive cash flow, because it can help you buffer those mistakes. There is a theory for success called acceleration failure. The reasoning behind this theory is that you are most likely to fail at the initial stages of starting any business, however the faster you can fail forwards the faster you can begin to succeed. So don't let the fear of failing stop you from starting investing in properties...it's all part of the learning curve.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>8. Don't Believe Everything You Hear or Read</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Sellers and real estate agents ultimately want you to buy that property. So what they're telling you is most likely the rosy scenario, not the actual scenario. If the property has been a rental, ask the seller for his Schedule E form from his taxes. It'll show his ACTUAL revenue and expenses, or at least the ones he reported to the government. What you can expect to earn is somewhere between what he reported to the IRS and what he's promising you.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>9. Build your team</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>It is very important to have a team for better performance of your present investments. On an average your team should have people including Brokers and Bankers, Real Estate Agents, Property Managers, Private Lenders, Appraisers, Affiliates, CPA's, Attorney's, Inspectors, and Contractors. With a proper team you can focus on your business itself rather than looking out for all these things yourself.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><b>10. Don't give up</b></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i>Investing is not an easy adventure for anyone. Just remember that the old adage is true. All things worth having are sometimes difficult to obtain. You must work to make money. Anyone who tells you differently is already finished with the work. You have to be persistent and keep going.</i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;"><i><br /></i></span></div><div style="text-align: justify;"><span style="font-family: Helvetica Neue, Arial, Helvetica, sans-serif; font-size: large;">You can become wealthy investing in real estate. All you need is a goal to succeed, a determination to persist until you succeed. You can accelerate your path to wealth, when you follow these tips.</span></div></div>

Tips For Investing In Real Estate

The real estate business has been attracting investors since the days when the investment business started. It is one of the most promising ...

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Top 10 Real Estate Companies in the World

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibAg4n-imzqKytmVcwOSqA8H-jYCnCUNynAPOsjftI1UOmVYtRSHhRZ4ZK475U0wx8nC7Nl26MUU4NDX1gAQ2erG2_8-8ECjQRc2vpYD8AgVI6FNuUSdUYv-ilJnLYneac-SZzSEKE638/s1600/top-10-logo.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="367" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibAg4n-imzqKytmVcwOSqA8H-jYCnCUNynAPOsjftI1UOmVYtRSHhRZ4ZK475U0wx8nC7Nl26MUU4NDX1gAQ2erG2_8-8ECjQRc2vpYD8AgVI6FNuUSdUYv-ilJnLYneac-SZzSEKE638/s400/top-10-logo.jpg" width="400" /></a></div><br /><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b>List of Top 10 Real Estate companies in the world. This list of major Real Estate companies includes the largest and most profitable Real Estate business, corporations and firms in the industry. If you are wondering what the biggest Real Estate companies are, this list should prove helpful.</b></span></div><div style="text-align: justify;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><b><br /></b></span></div><div style="text-align: justify;"></div><ul><li><b style="font-family: Times, 'Times New Roman', serif;"><i><span style="font-size: large;">Clifford Chance</span></i></b></li></ul><span style="font-size: large;"><span style="font-family: Times, Times New Roman, serif;"><i>Clifford Chance's real estate department is the first magic circle team in the top 10 and third overall, ranking in </i></span><span style="background-color: white; color: #595451; line-height: 21.81818199157715px; text-align: left;"><span style="font-family: Times, Times New Roman, serif;"><i>£74m in 2011-12.</i></span></span></span><br /><div style="text-align: justify;"><span style="background-color: white; color: #595451; line-height: 21.81818199157715px; text-align: left;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span></span></div><div style="text-align: justify;"><span style="background-color: white; color: #595451; line-height: 21.81818199157715px; text-align: left;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i>The revenue figure was flat compared with 2010-11, but real estate was still Clifford Chance's second most profitable group in London after litigation, according to group head Jonathan Solomon.</i></span></span></div><div style="text-align: justify;"><span style="background-color: white; color: #595451; line-height: 21.81818199157715px; text-align: left;"><span style="font-family: Times, Times New Roman, serif; font-size: large;"><i><br /></i></span></span></div><div style="text-align: justify;"><span style="font-size: large;"><span style="background-color: white; color: #595451; line-height: 21.81818199157715px; text-align: left;"><span style="font-family: Times, Times New Roman, serif;"><i>The firm refocused its real estate practice on large and complex corporate transactions and developments a decade or so ago, and in the past 2 years has also sought to whittle down its list of clients to around 15 core real estate players. One of these is Hammerson, which appointed Clifford Chance to its panel along with Addleshaw Goddard, Herbert Smith and Nabarro in 2011, and instructed Solomon on its </i></span></span><span style="background-color: white; color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><i>£254.5m acquisition of the Junction Unit Trust, which comprises 4 UK retail parks and a development site, in October. Nabarro's Deborah Lloyd advised the trust.</i></span></span></div><div style="text-align: justify;"><span style="font-size: large;"><span style="background-color: white; color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px;"><b><span style="font-size: large;">CB Richard Ellis</span></b></i></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">It is the global leader in real estate services. Each year, they complete thousands of successful assignments with clients from the gamut of industries. This volume creates market knowledge that allows them to seize opportunities, speed the business process and create the most thorough, precisely accurate picture of global commercial real estate conditions and trends. Every day, in markets around the globe, they apply their insight, experience, intelligence and resources to help clients make informed real estate decisions.</i></div></span><br /><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><b><i>DLF</i></b></span></span></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">DLF is the top real estate company in India. It's chief business is to develop housing, marketable and retail properties. It has undertaken the development of 70 million square feet of housing projects in 2010, which it intends to finish in the next 3 years. DLF has joined hands with Delhi Development Authority to develop townships in Amritsar, Pune, Gurgaon, Mumbai, Chennai and Goa. DLF has been the construction company behind different malls in the major cities in India. The company is also developing 50-75 hotels along with Hilton Hotels and infrastructure and SEZ in India in collaboration with Laing O'Rourke (UK). It's market cap in 2010 was around Rs.51,832.22 crore.</i></div></span><br /><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>DLA Piper</b></i></span></span></li></ul><span style="font-size: large;"><span style="color: #595451; font-family: Times, Times New Roman, serif;"><span style="line-height: 21.80555534362793px;"><i>The firm became the UK's biggest revenue-generating real estate practice, with a </i></span></span><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£163.9m turnover in 2011-12.</i></span><br /><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;">According to UK real estate head Simon Cookson, DLA has the largest property team of any firm, with around 550 lawyers. DLA Piper plays in the mid-market more often than many others on the list, but still lands the occasional big-cap deal and is keen to move up the food chain.</span></i></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;">London is clearly the firm's priority, but losing four Manchester property partners including department head Anita Weightman - to Irwin Mitchell earlier this month will still have stung.</span></i></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">In July the firm, led by partner Jo Owen, advised Blackstone on the </i><span style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><i>£400m sale of its Nido Student Living business to Round Hill Capital, which was advised by Berwin Leighton Paisner.</i></span></span></div><div style="text-align: justify;"><span style="font-size: large;"><span style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>Colliers International</b></i></span></span></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">It provides a range of services to commercial real estate users, owners, investors and developers worldwide. primary services include consulting, corporate solutions, investment services, landlord and tenant representation, project management, property and asset management, valuation and advisory services. The organization serves the hotel, industrial, mixed-use, office, retail and residential property sectors.</i></div></span><br /><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>India Bulls Real Estate</b></i></span></span></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">One of the India's largest listed developers developing residential and commercial real estate. Being  a focused regional player, more than 90% of IBREL's portfolio by value is in the three major markets of Mumbai, NCR and Chennai. Established in 2000, the company has grown into one of the leading Indian business houses with its companies being listed on Indian and overseas financial markets having a combined net worth in excess of Rs.18,000 crores. In 2010 its market cap was around Rs.6,545.17 crore.</i></div></span><br /><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>CMS</b></i></span></span></li></ul><span style="font-size: large;"><span style="color: #595451; font-family: Times, Times New Roman, serif;"><span style="line-height: 21.80555534362793px;"><i>Like DLA Piper, CMS's </i></span></span><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£67.8m real estate turnover figure includes income from all its offices for the first time, and not just those in the UK LLP.</i></span><br /><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">The firm's real estate team picked up a new client in the form of Scottish Widows in 2012, thanks to partner Edward Benzecry, and advised the investment partnership arm of the plc on its </i><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£70m acquisition of the Broadwalk shopping centre in Edgware in the first quarter.</i></span></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">CMS's practice is focused primarily on investment work, and has been dragged out of the doldrums by foreign investor clients. One example is the Employee Provident Fund of Malaysia, which bought a regional distribution centre in Dartford from European Property Investors Special Opportunities in August 2011 for </i><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£80m.</i></span></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><br /></i></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>Jones Lang LaSalle</b></i></span></span></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">It is a financial and professional services firm specializing in real estate services and investment management. Their more than 30,000 people in 750 locations in 60 countries serve the local, regional and global real estate needs of those clients, growing the company in the process. In response to changing client expectations and market conditions, they assemble teams of experts who deliver integrated services built on market insight and foresight, sound research and relevant market knowledge.</i></div></span><br /><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><br /></i></span></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>Hogan Lovells</b></i></span></span></li></ul><span style="font-size: large;"><div style="text-align: justify;"><span style="color: #595451; font-family: Times, Times New Roman, serif;"><span style="line-height: 21.80555534362793px;"><i>Hogan Lovells' real estate team's near - 16% jump in turnover between 2010-11 and 2011-12, from </i></span></span><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£45m to </i><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£52m, was the biggest of the top 10. The firm was helped along in the 2011-12 financial year with a couple of high profile administration mandates, for example advising KPMG as administrators on the collapse of Peacocks.</i></div></span><br /><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">However, for the most part Hogan Lovells' property team has ticked along advising UK and overseas investors. In the UK this has been mainly on the sales side, although notable examples include Hermes, which bought Westfield's half-share in a </i><i style="text-align: left;"><span style="color: #595451; font-family: Times, Times New Roman, serif;"><span style="line-height: 21.80555534362793px;">£400m portfolio containing 3 shopping centers in January.</span></span></i></span></div><div style="text-align: justify;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><span style="font-size: large;"><br /></span></i></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">Highlight deals include advising News International on its Wapping site sale to St George Central London for </i><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£150m and acting for the BBC on the sale of Television Centre in White City to a consortium led by Stanhope that was backed by Canada's Alberta Investment Management Corporation and Mitsui Fudosan of Japan for </i><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;">£200m in July.</i></span></div><div style="text-align: justify;"><span style="font-size: large;"><i style="color: #595451; font-family: Times, 'Times New Roman', serif; line-height: 21.80555534362793px; text-align: left;"><br /></i></span></div><div style="text-align: justify;"></div><ul><li><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><span style="line-height: 21.80555534362793px;"><i><b>Grubb & Ellis Company</b></i></span></span></li></ul><span style="color: #595451; font-family: Times, Times New Roman, serif; font-size: large;"><div style="text-align: justify;"><i style="line-height: 21.80555534362793px;">It is one of the largest commercial real estate services and investment companies in the world. With 6,000 professionals in more than 100 company owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise.</i></div></span></div>

Top 10 Real Estate Companies in the World

List of Top 10 Real Estate companies in the world. This list of major Real Estate companies includes the largest and most profitable Real Es...

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