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Monday, 29 December 2014

TIPS FROM LEADING HOTELS - HOW TO MAKE YOUR HOME MORE WELCOME TO GUESTS

Burj Al Arab - 7 Star Luxury
This festive season make use of one or two tips on hospitality from the leading hotels and your home can be more welcoming to guests and loved ones. I don't know your choice of what are leading hotels but as for me I present to you the Burj Al Arab in Dubai. With a unique seven star reputation that demanded more than $1 billion in construction costs and today asks for more than $14 000 per suit per night surely this  luxurious masterpiece can give us worthwhile tips on hospitality.





Tuesday, 25 November 2014

HIGH-RISE FLATS CAN AFFECT MENTAL HEALTH ESPECIALLY IN CHILDREN




Research on how human beings relate with the built environment shows a link between dwelling in high-rise flats with such behavioral problems in children like bedwetting, temper tantrums, hyperactivity, and hostility. In interdisciplinary exploration of literature on social sciences, psychology and  architecture researchers disclose findings worthy any loving parent’s attention.

High-rise dwelling has exposure to stressors that leads to stress and anxiety which in turn can cause or precipitate behavioral challenges in children. According to experts divorce, family relocation, or being picked on or punished at school are other stressors that can affect children.

Tuesday, 4 November 2014

FINANCIAL CONSEQUENCES OF PURCHASING PROPERTY FROM A SERIOUSLY-ILL SELLER AND OTHER PURCHASES TO AVOID



Questionable contractual capacity of a seriously-ill seller

Purchasing property being sold by a seriously-ill seller can be dangerous so it must be approached with great  caution. If the seller heals, armed with medical records he can rise from the death bed with a backlash and claim that when he sold, he did so with a state of mind that was not suitable for  such  a critical undertaking. This argument holds water and justice will demand that it should be taken seriously but for the purchaser it means another extra cost because of unexpected legal expenses.

Wednesday, 29 October 2014

CABS BUDIRIRO 5 HOUSES – A LOOK AT PROS AND CONS OF MINIMUM REQUIREMENTS



THE PROS

Minimum income
The  minimum incomes for the various house types at Budiriro are $756, $820 and $934 for 2 rooms, 2 rooms with extras and 4 rooms respectively. These figures can be too high for the supposed  beneficiaries namely low income earners but the good part of the arrangement between CABS and City of Harare is that it is a wonderful attempt to address both the supply and demand sides of real estate. At least in the market there is a mortgage facility that enables people to buy new houses despite the liquidity crunch .

Tuesday, 29 July 2014

BUDIRIRO - DESPITE RECENT SKIRMISHES WITH THE POLICE IT REMAINS A GOOD PLACE FOR PROPERTY INVESTING

HOLY WAR ! - courtesy of The Zimbabwe Mail 
 Indeed, Budiriro has dominated  the headlines for wrong reasons in recent weeks and the latest being the attack on the police by members of the Johani  Masowe  WeChishanu  Apostolic sect.  But for landlords this never was a source of headache because their  property values remained at a maximum of +- $45 000.00 a price that was before the infamous jihad – holy war. The property market is not easily susceptible to negative publicity as other markets like that of stock. So Budiriro remains a very good place to invest money and has the following  notable real estate attributes.

VALUE  APPRECIATION
For an investment to appreciate in value there should be a value to appreciate in the first place. This  is were concepts like value addition and creation comes into play. A piece of real estate is value added through such elements like installation of water and sewer systems;  paving of roads; social amenities etc. Furthermore,  these elements should be installed in a way that is in line with standard practice not the half hearted approach that we witness  in some places. The point therefore is a lot of special effort  should be expended by developers and investors in order to create value in real estate.  In Budiriro the developers then,  made these special efforts and they created value in the suburb. Leveraging upon better economic times in the early 90s developers installed quality land development elements and social infrastructure. Despite the economic subsidence of the new millennium  Budiriro’s town planning is still fetching good market values and  is foundation for value appreciation.

Thursday, 24 July 2014

IF YOU ARE ELECTED MAYOR OF HARARE WHAT WOULD YOU DO TO REVIVE THE SUNSHINE STATUS ? HERE IS WHAT I WILL DO MYSELF !

                                       PUT  THE NEEDS OF RESIDENTS AHEAD OF ANYTHING ELSE







The best way to describe Harare Municipality is that its a service provide like Telecel, ZESA etc and being as such satisfying the needs of residents is critical to its existence. A mayor or municipality that loses sight of this fact would have lost it completely ! A resident means income directly as rates payments or indirectly. Indirectly income is in the sense that as residents move from point A to B they are human traffic to advertisers,  when they use public facilities they are charged fees etc. So these residents being as important as we can see if however they develop a perception that despite the endless charges the municipality isn't matching these charges to  quality service delivery its finances will suffer greatly.




GIVE INSTEAD OF TAKING


Offices of a public nature are of trust into which accomplished citizens are elected and presented the opportunity to plough back to the community. Indeed, such offices are not for job seekers or opportunists who are motivated more by a subsistence mentality than competence . But they are men or women of morals who do not use things like employment packs as pretext to loot meager public resources meant to uplift lives of the poor in Mbare, Epworth, Budiriro, Dzivarasekwa and other high density areas.


Wednesday, 2 July 2014

SHRINKING OF THE ECONOMY AND THOUGHTS ON HOW TO REJUVENATE ESTATE AGENCY SALES IN ZIMBABWE




If property sales are low, they can be increased through expanding the addressable market

The Zimbabwean economy is shrinking and businesses are suffering with it. Estate agents are not spared the pain as industry players can testify that regular sales are now difficult to come by. Over  the years millions of talented entrepreneurs and professionals have chosen to leave the homeland for South Africa, Europe, America or some perceived greener pasture as a solution. But terrible catastrophes in the hosts like terrorist attacks on the twin towers (USA), Marikana killings (SA),  2008 financial crisis (entire western world) in the host countries have shown everyone that no place is a paradise and that all countries have their own problems that differ from each other only in timing, size and cause. If you think that problems the property market (and business in general) in Zimbabwe have are insurmountable what would a person in northern Nigeria say in the face of Boko Haram that kills at will.

Tuesday, 8 April 2014

CHICKEN INN AND MCDONALD'S APPROACH TO REAL ESTATE




McDonald's - I'M LOVIN' ITTM
I am impressed by how Chicken Inn and other Innscor International franchises are taking up prime real estate spots in the city centers of Harare and elsewhere at an aggressive speed  and obviously to the detriment of competitors.  But this phenomenon , is it without precedence in the history of the fast food retail business and real estate? At this juncture I am therefore, reminded of Ray Kroc and McDonalds’ success that was based on a shrewd approach to the fast food retail business and real estate. So is Innscor International Franchising implementing the same strategy? Lets see!

Tuesday, 18 March 2014

IS JOINA CITY FINDING THE GOING TOUGH ?

JOINA CITY



During times when Joina City mall was in its final construction phases reports were read that rental space was almost fully occupied.( Joina City Fully Occupied by Year-End: Masawara, newzimbabwe.com, 27/04/11) Today the economy has shrunk significantly and according to the National Social Security Authority  (NSSA) more than 300 companies have recently closed shop. Against this background therefore, it is not without reason that this mall at the very centre of Harare still has a lot of vacant rental space and the “ To Let “ sign continue to hang on its main entrance. Is Joina City finding the going tough ?


Thursday, 6 March 2014

FBC M NDHLOVU PROJECT - A GLIMPSE OF A DREAM LIFESTYLE

Anyone who will believe that the cover picture for this article is merely one of those eye-catching but unrealistic computer graphics done by marketing people may be forgiven to think this way because FBC's project along M.Ndhlovu Rd is indeed like this, that is picture perfect and too good to be true.

Standing at its main entrance you behold a life that anyone would like to live. A life embodied in this secure, enclosed and tranquil residential complex. It expresses the fact that the developer endeavored to complete the project to its minutest detail. The interlocking pavement is skillfully done,  landscaping is neat and drinking water is sourced from both a borehole and the municipality. Truly it is a glimpse of a dream lifestyle!



Tuesday, 25 February 2014

CABS BUDIRIRO HOUSING PROJECT : CHANGING THE FACE OF THE URBAN LANDSCAPE !



Against the background of chaos created by some suspect housing cooperatives in Budiriro 5 is a beautiful picture of order as CABS housing units are neatly built and arrayed at the periphery. The need for housing due to population pressures is not a dispute but how we respond to it should be in such a fashion that align with the dictates of beauty and order. In this respect the professionalism with which CABS is handling its housing project has made the development to change the urban landscape.