As The Sand Goes Down, Smoothly In The Hour Glass, May Your Days Also Be Like So.

Wishing You High Energy Levels, In Every Day Of The New Year, For You Carry On

With Every Task That Will, Always Be Ahead Of You, While Shaping Your Life.

Happy New Year

oR

Broker Owner Speak

New BA Joined

Property Of The Month

Deal Of The Month

RE/MAX News

Health Section

Latest News About

Ahmedabad

Properties

HIGHLIGHTS

NewsletterJANUARY, 2014

o407, Shangrila Arcade, Nr.Shyamal Cross Road, Ahmedabad - 380015.Gujarat, India.Contact : 079-40322757Email : vparikh@remax.inWeb : www.ahmedabadrealtor.com

BROKER OWNER SPEAK :

Hello,

Hope you all had a good start to the new year and are busy with your work and routine. Festival of Kites was the festival of the month and we all had great fun flying kites and at night skies glittered with light as people blew hot air balloons which filled the sky with small lamps.We had a slow month of January as from 14th December to 14th January it is not auspicious to buy or sell property for a month. We are now concentrating more on rental property as demand for the same would be high because of transfers expected in banks and MNC compa-nies soon. If you have any flat to rent out then please contact me on vparikh@remax.in.I personally visited few builders site outside Ahmedabad and found new ways of construction techniques used by them. Visited Panchshil Developers in Pune and Lodha Builders in Mumbai; they are doing really good work in the market with very grand projects. If someone is looking to invest in property outside Ahmedabad then it’s worth seeing these properties.

We see the demand for realty market improving in 2014 and so if you are looking to buy, sell or rent property then please take a positive step with the help of some knowledgeable property consultant so you get right value for your property.

Have a happy and safe year ahead !

Regards ,Vivek Parikh

Nobody in the world sells more real estate than re/max

January, 2014 oNEW BA JOINED :

Look Who’s

landed at

RE/MAX Metro

we wish you all the great success in futureWe assure you the best services.

Welcome To The Metro Family

Chirag SethnaBusiness AssociateM : 9825555803E : csethna@remax.in

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January, 2014 o

For Corporate Company/family

3BHK furnished flat for rent at 612, Manekbaugh

PROPERTY OF THE MONTH :

Located in a prime residential neighborhood, 612 Elevate is a 12-storey building with contemporary design, eco-sensitive features and modern amenities o�ering options with excellent open views.

30 units - 3BHK and 4 BHK options3 Duplex penthouses with private terrace

UNIQUE FEATURES :

Ample Parking at ground and basement level

Fully Equipped Gymnasium

Developed Common Terrace ready to entertain.

CCTV installed Surveillance cameras.

Dedicated Service Elevator for sta�.

Developer supported Property Management Services.

Back-up Generators for Lifts and Emergency lights.

612 Elevate

Jigar PandyaBusiness AssociateRE/MAX MetroM : 9099115000E : jpandya@remax.in

January, 2014 oDEAL OF THE MONTH :

Just Rented 3 BHK Luxurious Apartment , Nr. Sola Bridge, Science City Road, Ahmedabad, Gujarat.

This strategically designed apartment is the work of an absolute craftsmanship and it is one of its kinds. The construction of this Resi-dential Apartment has been performed keeping the design and quali-ty of the raw material in harmony. The central huge landscaped space is the star attraction of the scheme.

KASTURI NIVAS is low rise Apartments scheme in R2 Zone. It is strategically designed 3 BHK Luxurious Apartments scheme. Only two Apartments on each Floor. The indoors as well as the outdoors of these apartments represents it’s luxurious and comfortable ambience.

Kastruri Niwas

The spectacular entrance, modern aesthetic elevation, speaks about its mesmerizing experience, where the scene of KASTURI NIVAS Apart-ments is certainly a curtain raiser.

Well designed foyer.Club houseElevators for each Block.Children parkWell design landscaped garden.Water supply with pressure systemSecurity system with video door phone and intercom.Indoor games.

Just Rented

Jigar PandyaBusiness AssociateRE/MAX MetroM : 9099115000E : jpandya@remax.in

January, 2014 o

Home Prices, Sales End Year Higher

Jan. 22, 2014 DECEMBER 2013 HOUSING DATA Volume 65

Days on Market 73

Months Supply

of Inventory 5.9

The December RE/MAX National Housing Report found a 4.5% monthly increase in home sales, and a 0.7% increase in sales from December last year. On a year-over-year basis, home sales have increased in 29 of the last 30 months.

The October government shutdown and severe weather, among other factors, may have accounted for a drop in November sales and the small increase seen in December. Of all 52 metro areas surveyed in December, 37 reported higher sales than in December 2012.

Despite the traditional winter slow down, both home prices and sales inched higher in December. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the December median home price of $185,400 was 11.9% higher than the median in December 2012. After double-digit growth in home sales during the summer, sales cooled off, but December still saw a 0.7% year-over-year increase. Slower sales growth is associated with a limited inventory of homes for sale coupled with increased lending requirements and mortgage fees. At the rate of home sales in December, the Months Supply of inventory rose to 5.9 months, nearly equal to the 6.0 supply that defines a market balanced equally between buyers and sellers. Although the national inventory situation remains tight, it appears to be trending in the right direction. With a 12.0% drop in inventory from December 2012, the percentage of year-over-year inventory loss has shrunk for nine consecutive months.

“It’s great that improving market fundamentals continued through the

normally slower winter months, and we ended the year on a strong positive note.” Margaret Kelly, RE/MAX CEO

SALES PRICE

11.9%

HIGHEST SALES INCREASES Pittsburgh, PA +30.3% Trenton, NJ +20.9% Little Rock, AR +20.6% Raleigh & Durham, NC +20.3% Wilmington, DE +17.9% Philadelphia, PA +12.6%

TRANSACTIONS

0.7%

-15%

-5%

5%

15%

25%

Dec2011

Feb2012

Apr2012

Jun2012

Aug2012

Oct2012

Dec2012

Feb2013

Apr2013

Jun2013

Aug2013

Oct2013

Dec2013

RE/MAX NEWS :

January, 2014 o

TOP CITIES REPORTING DOUBLE DIGIT INCREASES Detroit, MI +41.9% Las Vegas, NV +25.9% Atlanta, GA +22.3% Orlando, FL +20.6% Los Angeles, CA +19.7% San Francisco, CA +19.6%

For all homes sold in December, the Median Price was $185,400. This price represents a 0.9% decrease from

November, but an 11.9% rise from December 2012. The Median Price of a home has been greater than in

the same month of the previous year for 23 consecutive months. Home price increases

throughout 2013 have been attributed to the limited inventory supply and high buyer demand. Of the 52

metro areas surveyed in December, 45 reported higher sales prices than one year ago. Of those, 17

metro areas reported double-digit increases.

For all homes sold in the 52 markets surveyed in December, the average number of Days on Market was 73. This is five days higher than the average seen in November, but still 11 days lower than the average seen in December 2012. December marks the 19th consecutive month with an average Days on Market below 90. The low Days on Market average is associated with continued high demand and a reduced inventory of homes for sale. Days on Market is the number of days between when a home is first listed in an MLS and when a sales contract is signed.

VERY LOW MONTHS SUPPLY San Francisco, CA 1.4 Denver, CO 2.7 Boston, MA 2.9 Los Angeles, CA 3.0 San Diego, CA 3.4 Minneapolis, MN 3.5 Houston, TX 3.7 Chicago, IL 3.7

The 2013 housing market has been characterized by a low inventory environment. However, recent inventory reductions are much less than what was reported earlier this year. December saw a 12.0%

loss in inventory from last year, and the Months Supply increased to 5.9. While improving, low Months Supply remains in some key markets.

Average Days on Market December 2013

73

Dec. 2013 $185,400

Dec. 2012 $165,655

DEC 2012

-29.2% -13.4% -12.0%

NOV 2013

DEC 2013

45 metro areas

PRICE INCREASES

Homes for Sale Inventory

84 87 89 85

77 70

65 62 62 65 66 68

Dec 2012 Feb 2013 Apr 2013 Jun 2013 Aug 2013 Oct 2013 Dec 2013

January, 2014

A new study has revealed that while zinc may be best for prevention, acetaminophen, ibuprofen and perhaps antihistamine-decon-gestant combinations are the recommended treatments.

The study by Drs. Michael Allan, Department of Family Medicine, University of Alberta, Edmonton, and Bruce Arroll, Department of General Practice and Primary Health Care, University of Auckland, New Zealand, aimed at physicians and patients, looked at avail-able evidence for both traditional and non-traditional approaches for preventing and alleviating colds.

A review of 67 randomized controlled trials (RCTs) indicated that handwashing, a traditional public health approach, as well as alcohol disinfectants and gloves, is likely e�ective. Zinc may work for children (and possibly adults) — at least 2 RCTs indicated that children who took 10 or 15 mg of zinc sulfate daily had lower rates of colds and fewer absences from school due to colds.

The authors suggest that zinc may also work for adults. There is some evidence that probiotics may help prevent colds, although the types and combinations of organisms varied in the studies as did the formulations (pills, liquids, etc.), making comparison di�cult. Antihistamines combined with decongestants and/or pain medications appear to be some-what or moderately e�ective in treating colds in older children — but not in children under age 5 — and adults. It was found that ipratropium, a drug used to treat allergies and chronic obstructive pulmonary disorder, may alleviate runny nose when used in a nasal spray but has no e�ect on congestion.

According to the evidence, the bene�ts of frequently used remedies such as ginseng, (found in ColdFX), gargling, vapour rubs and homeopathy are unclear. Cough medicines show no bene�t in children but may o�er slight bene�t in adults. Honey has a slight e�ect in relieving cough symptoms in children over age 1. Vitamin C and antibiotics show no bene�t, and misused antibiotics can have associated harms. The study was published in the Canadian Medical Association Journal.

HEALTH SECTION :

How to prevent and treat common cold

Common Cold

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January, 2014 oLATEST NEWS ABOUT AHMEDABAD :

Ahmedabad Municipal Corporation’s Lig Housing Schemes Soon

AHMEDABAD: One of the biggest housing packages for the Lower Income Groups (LIG) would be unleashed by the Ahmedabad Municipal Corporation (AMC) in the coming days. After Auda laid stress on the affordable housing in the city in its latest development plan for Ahmed-abad, the AMC’s standing committee agenda carries allocation of construction works to various developers to come up with such houses.Under the JnNURM scheme, a package of 1,888 houses will come up in Vatva area. The funds for this housing project has already been allocated. The chief minister’s housing scheme promises a large package of 4,937 LIG houses in the coming year in various areas of the city. The plan involves a mix of housing, shops, kindergarten school and small dispensary.Housing schemes will come up at 29 locations including Vejalpur, Nikol, Chandkheda, Chandlodia, Thaltej, Kali, Vadaj, Vastral, Kankaria, Shahibag areas. Apart from lands reserved for housing in approved TP schemes, the AMC will also allot 20% land of closed mills for afford-able housing schemes.The criteria for applying for LIG housing has been that the family’s annual income should be between Rs 1 lakh to Rs 2.50 lakh. Each of the houses will be of 53 sq metre built-up area, with an estimated construction cost of Rs 12 lakh. Members will have to pay Rs 50,000 towards maintenance. The buildings consisting of housing will be of 10 floors or higher.Besides this more than 5,000 EWS housing will come up in the city at different locations. AMC will build 465 shops and 12 offices for cross subsidy purpose. They will be auctioned.“We have mentioned in our condition that the woman of a family will be the primary owner of the property apart from caps on period of sale of apartments,” says a senior AMC official.

Ahmedabad Muncipal Corporation Demolishes Illegal Structures, Clears Roads

AHMEDABAD: The estate and encroachment department demolished illegal constructions spread over 12,040 sq ft of area on the stretch from Chirag park to Faisal Nagar in Behrampura ward. The constructions were pulled down by the south zone team of the AMC( Ahmedabad municipal corporation) after they were found being constructed without proper permissions. As many as 52 industrial and commercial units were razed by AMC team. Until now, south zone team in different demolition exercise has cleared 15,140 sq ft of area in Behrampura ward and pulled down 88 illegal temporary structures.In another exercise, the estate and urban development department of the AMC cleared 80 ft of road stretch of illegal temporary structures in election ward of Navrangpura. The stretch from passport office to Panchvati was cleared for traffic. The west zone AMC team removed 12 commercial shops which were under construction, fencing and extensions. In another drive, west zone team of AMC cleared 500m of road stretch in Ambawadi. The AMC team removed 25 commercial sheds in the area.

Ahmedabad Builder Sent Into Judicial Custody

AHMEDABAD: Local court on Tuesday sent builder Umang Thakkar of Patang fame into judicial custody till January 4. Metro court after com-pletion of hearing on Monday had reserved the order on Umang Thakkar’s bail plea till Tuesday. Service Tax department had filed one more plea in a local court against Umang Thakkar’s hospitalization. Meanwhile, Umang Thakkar’s relatives and office people visited Service Tax office to pay Rs. 1.64 crore but Service Tax office refused to accept the pending amount. The service tax department arrested Thakkar last Friday for violation of tax provisions.As per the department sources, Thakkar, owner of Dharmdev group was arrested for collecting Rs. 2 crore tax from property buyers but not depositing it in government treasury. He was sent to police custody on Friday and presented before the magistrate on Saturday. This is the second arrest in Ahmedabad after the service tax commissionerate got the power to arrest tax defaulters.

January, 2014 oPROPERTIES :

3 Bhk Fully Furnished Luxurious Bungalow For Sale, Prahladnagar Ahmed-abad. At a very prime location. Rent : Rs. 1,85,00,000. For more details contact Amish Vyas : 9924128343 or visit : http://www.remax.in/505004011-129

Spacious Fully Furnished o�ce for RENT, in Akshat tower, opp. Rajpath club, SG highway, Ahmedabad. Gujarat. Rent : Rs. 1,30,000. For more details contact Ankit Patel : 9825333907 or visit : http://www.remax.in/505004019-162

O�ce on Rent in Shapath-5, SG Road, behind prahladnagar, Ahmedabad. Rent : Rs. 1,09,000 monthly. For more details contact Atit Fozdar : 9825036406 or visit : http://www.remax.in/505004016-37

Corporate O�ce for Rent at prahladnagar, Ahmedabad. Plot Size (ft²) : 2,735.00 Rent : Rs. 35 ++. For more details contact Jigar Pandya : 9099115000or visit : http://www.remax.in/505004035-120

Fully Furnished O�ce for SALE - SG Highway, Ahmedabad. Gujarat. Sale : Rs. 3,54,00,000. For more details contact Rajesh Mehta : 99 7892 7894or visit : http://www.remax.in/505004036-6

4 BHK Fully Furnished Exclusive Bungalow is available for Sale in Prahlad-nagar, Ahmedabad. Price : Rs. Rs. 7,00,00,000. For more details contact Sudip Kinarivala : 9825077799 or visit : http://www.remax.in/505004029-164

2300 sq. ft. Brand new O�ce on Rent, SG Highway, Ahmedabad. Rent : Rs. 82,800. For more details contact Chintan Parikh : 7600010530 or visit : http://www.remax.in/505004021-108

January, 2014 o

Milad un Nabipeace and the Blessings of Allahon his Holy Prophet Mohammad

MOHAMMAD

Please send us your reviews about this Month’s newsletter. Feel free to give your sug-gessions and we will incorporate the same in coming newsletter. Send your suggestions to vparikh@remax.in Or sansari@remax.in.

407, Shangrila Arcade,Nr. Shyamal Cross Road,Ahmedabad - 380015.Gujarat, India.Contact: 079-40322757Email : vparikh@remax.inWeb: www.ahmedabadrealtor.com / http://o�ces.remax.in/Metro

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Thank You