Ashok A Khedkar
• Inevitable end of more than 1000 cities and global commercial real estate on earth from June 2024.
0
0
0
· I have burnt, destroyed, bankrupted and submerged countries with Commercial Real Estate Land tax, Local Government/Council Commercial Real Estate Rates, Commercial Real Estate Stamp Duty, Real Estate Land tax, Local Government/Council Real Estate Rates, Real Estate Stamp Duty, Capitalisation Rate, Yield, Gross Rent, Net Operating Income (NOI), Financing, Refinancing, Commercial Property Investment, Occupancy, Management, Ownership and Leasing on earth in Yagna in January 2023.
· I have burnt, and destroyed the very thought, the very idea, the very notion, the very existence of countries with Commercial Real Estate Land tax, Local Government/Council Commercial Real Estate Rates, Commercial Real Estate Stamp Duty, Real Estate Land tax, Local Government/Council Real Estate Rates, Real Estate Stamp Duty, Capitalisation Rate, Yield, Gross Rent, Net Operating Income (NOI), Financing, Refinancing, Commercial Property Investment, Occupancy, Management, Ownership and Leasing on earth in Yagna in January 2023.
· How will I use Commercial Real Estate Land tax, Local Government/Council Commercial Real Estate Rates, Commercial Real Estate Stamp Duty, Real Estate Land tax, Local Government/Council Real Estate Rates, Real Estate Stamp Duty, Capitalisation Rate, Yield, Gross Rent, Net Operating Income (NOI), Financing, Refinancing, Commercial Property Investment, Occupancy, Management, Ownership and Leasing to bankrupt Australia, NZ, Canada, USA, UK, Singapore, China, Hong Kong and Europe on earth from June 2024?
· How will I use Land Tax, Commercial Banks and Commercial Real Estate Investment and Ownership to bankrupt Australia, NZ, Canada, USA, UK, Singapore, China, Hong Kong and Europe on earth from June 2024?
· I have used Land Tax, Commercial Banks and Commercial Real Estate Investment and Ownership to bankrupt Australia, NZ, Canada, USA, UK, Singapore, China, Hong Kong and Europe on earth in Yagna in January 2023.
· I have used Commercial Real Estate Land tax, Local Government/Council Commercial Real Estate Rates, Commercial Real Estate Stamp Duty, Real Estate Land tax, Local Government/Council Real Estate Rates, Real Estate Stamp Duty, Capitalisation Rate, Yield, Gross Rent, Net Operating Income (NOI), Financing, Refinancing, Commercial Property Investment, Occupancy, Management, Ownership and Leasing to bankrupt Australia, NZ, Canada, USA, UK, Singapore, China, Hong Kong and Europe on earth in Yagna in January 2023.
· How will I use capitalisation rate, yield, valuation and global commercial real estate to bankrupt JLL, CBRE, Knight Frank, Colliers, Blackstone, JP Morgan, Charter Hall, Mirvac, Dexus, Hines, Macquarie, CBA, NAB, ANZ, Westpac and 4600 US banks to bankrupt Australia, NZ, Canada, USA, UK, Singapore, China, Hong Kong and Europe on earth from June 2024?
· I have burnt, bankrupted and submerged local governments, state governments and federal governments in 195 countries in Yagna in January 2023.
· I have burnt, bankrupted and submerged Victoria, WA, ACT, NT, QLD, TAS, SA and NSW in Yagna in January 2023.
· Global Commercial Real Estate Investors, Managers and Owners on my earth – Even if you sell your properties for free from June 2024, no one will buy them. I have burnt the very idea of cities, business, education, healthcare, work, career, taxes, CBDs, transportation, lending, borrowing, buying, selling and exchanging on earth in Yagna in January 2023.
· Inevitable end of more than 1000 cities and global commercial real estate on earth from June 2024.
· I have burnt commercial real estate valuation, Capital Expenditure, Operational Expenditure, land valuation, council rates, property taxes, yield, and capitalisation rate on earth in Yagna in January 2023.
· I have burnt, bankrupted and submerged Melbourne CBD, Sydney CBD, Perth CBD, Brisbane CBD, London CBD, New York CBD and Singapore in Yagna in January 2023.
Outgoings are expenses that a landlord incurs directly from owning a property. Commercial property outgoings can include things like council rates and body corporate fees, but not capital improvements to a property, such as renovations.
The simplest way of explaining what land tax is to say that it is a state-based tax that is imposed on the value of the land a property sits on. The main purpose of land tax is to generate revenue for state governments and to encourage the efficient use of land. Land tax is calculated differently between states and territories, and each has its own legislation governing land tax. Likewise, the rates and thresholds may vary between states.
While each lease is different, the usual outgoings on commercial rental property usually include:
Land Tax
Council rates
Water rates
Property Management fees
Landlord building insurance
For any investment property, knowing whether or not you need to pay land tax is crucial, and there are a few factors that will determine whether or not I am liable for land tax
Residential property where I live or my principal place of residence is generally exempt from land tax and will receive a residence exemption. However, investment properties, including holiday homes, vacant land, and any commercial properties owned, may be subject to land tax.
Land tax is typically based on the unimproved value of the land, which excludes the value of any buildings or improvements. So, if the unimproved value of my land is below the threshold set out by the state the property is in, I may not have to pay land tax.
property owners receive an annual land tax assessment notice from the revenue office. This outlines the assessed value of the land, applicable rates, and the amount payable
Key factors influencing investment decisions include location, rental yields, capital growth potential, market trends, and tenant demand
When considering investments in commercial properties, several factors come into play:
· Identifying prime locations
· Assessing rental returns
· Evaluating capital growth potential
· Understanding market trends
· Monitoring demand for prime office spaces, especially in the CBD
· Considering future rent increases
Investors can expect yields between 5 and 10 percent for high-quality commercial properties, often surpassing the typical returns from residential investments. This makes commercial property investments a lucrative option for potential investors. Commercial property market has historically shown strong returns, often outperforming the broader economy and offering more attractive returns than government bonds and inflation. It is considered a competitive and reliable investment option.
The lease structures for retail properties can significantly impact their investment potential. Different lease types can affect exposure, rental income, and overall investment success. It’s essential to carefully consider these lease structures before making an investment decision.
In commercial real estate, yield refers to the annual income generated by a property as a percentage of its market value. It’s usually calculated as the ratio of the net operating income (NOI) to the property’s purchase price or market value. Typically, the higher the yield, the greater the potential return on investment.
Investors typically demand higher yields for riskier assets. Factors such as location, economic conditions, market demand and tenant quality can affect the perceived risk of a commercial property investment.
The supply and demand dynamics of the commercial property market also influence the yield-property value relationship. When demand for commercial properties exceeds supply, investors are willing to accept lower yields, driving up property values.
Capitalisation rates (or cap rates), commonly used in real estate valuation, are directly related to yields. As yields increase, the capitalisation rates rise, which then lowers the property’s value.
Investors often use cap rates as a benchmark to assess the relative attractiveness of different investment opportunities. A higher yield on a property implies a higher cap rate and potentially a lower property value.
Commercial property yield is calculated by dividing the annual rent (gross or net) by the purchase price. E.g. A property with a rent of $30,000 per annum + GST divided by a purchase price of $500,000 would show a yield of 6% (i.e. $30,000 / $500,000 x 100 = 6%).
The capitalization rate is calculated by dividing a property's net operating income by the current market value.
This ratio, expressed as a percentage, is an estimation of an investor's potential return on a real estate investment.
The cap rate is most useful as a comparison of the relative value of similar real estate investments.
Capitalization Rate = Net Operating Income / Current Market Value
The net operating income is the (expected) annual income generated by the property (like rentals) and is arrived at by deducting all the expenses incurred for managing the property. These expenses include the cost paid towards the regular upkeep of the facility as well as the property taxes.
The current market value of the asset is the present-day value of the property as per the prevailing market rates.
In another version, the figure is computed based on the original capital cost or the acquisition cost of a property.
Capitalization Rate = Net Operating Income / Purchase Price
However, the second version is not very popular for two reasons. First, it gives unrealistic results for old properties that were purchased several years/decades ago at low prices, and second, it cannot be applied to the inherited property as their purchase price is zero, making the division impossible.
Assume that I have $1 million and I am considering investing in one of the two available investment options: one, I can invest in government-issued Treasury bonds that offer a nominal 3% annual interest and are considered the safest investments, or two, I can purchase a commercial building that has multiple tenants who are expected to pay regular rent.
In the second case, assume that the total rent received per year is $90,000 and the investor (I) needs to pay a total of $20,000 towards various maintenance costs and property taxes. It leaves the net income from the property investment at $70,000. Assume that during the first year, the property value remains steady at the original buy price of $1 million.
The capitalization rate will be computed as (Net Operating Income/Property Value) = $70,000/$1 million = 7%.
This return of 7% generated from the property investment fares better than the standard return of 3% available from the risk-free Treasury bonds. The extra 4% represents the return for the risk taken by the investor(I) by investing in the property market as against investing in the safest Treasury bonds which come with zero risk.
Property investment is risky, and there can be several scenarios where the return, as represented by the capitalization rate measure, can vary widely. For instance, a few of the tenants may move out and the rental income from the property may diminish to $40,000. Reducing the $20,000 towards various maintenance costs and property taxes, and if property value stays at $1 million, the capitalization rate comes to ($20,000 / $1 million) = 2%. This value is less than the return available from risk-free bonds.
In another scenario, assume that the rental income stays at the original $90,000, but the maintenance cost and/or the property tax increases significantly, to say $50,000. The capitalization rate will then be ($40,000/$1 million) = 4%.
In another case, if the current market value of the property itself diminishes, to say $800,000, with the rental income and various costs remaining the same, the capitalization rate will increase to $70,000/$800,000 = 8.75%.
In essence, varying levels of income that get generated from the property, expenses related to the property, and the current market valuation of the property can significantly change the capitalization rate.
The capitalization rate for an investment property should be between 4% and 10%. The exact number will depend on the location of the property as well as the rate of return required to make the investment worthwhile
Narayana, Narayana Jaya Govinda Hare,Narayana, Narayana Jaya Gopala Hare.Victory to Lord Narayana, who is Lord Govinda and the protector,Victory to Lord Narayana, who is Lord Gopala and the protector,Karunaaparaavara varunalaya Gambeera. Narayana 1Oh ocean of mercy, Of God who is as majestic as the sea NarayanaGhana neeradha Sankasa, krutha kali kalmasha nasana Narayana 2Lord, who is like the rich cloud,Lord who destroys the ills of the Kali Age. NarayanaYamuna theera vihara, drutha kousthubha mani hara, Narayana 3Lord who played in the shores of Yamuna,Lord who wore the chain made of Kaustubh. NarayanaPeethambara paridhana, sura kalyani nidhana,, Narayana 4Lord who dresses in the yellow silk,Lord who is the storehouse of good to devas. NarayanaManjula Gunja bhoosha, maya manisha vesha, Narayana 5Lord who wears Garland of pretty Gunja seeds,Lord who takes the form of the invisible man. NarayanaRadhadhara Madhu rasika, rajanikara kula thilaka, Narayana 6Lord who enjoys the honey from lips of Radha,Lord who is the crown of the princes of dynasty of the moon. NarayanaMurali Gana Vinodha, Veda sthuthi bhoo pada, Narayana 7Lord who enjoys playing the flute,Lord whose feet is praised by Vedas, NarayanaBarhi nibarha peeda, nata naataka phani kreeda, Narayana 8Lord who wears the peacock feathers,Lord who danced on the head of the snake. NarayanaVarija bhooshabharana Varija puthree ramana Narayana 9Lord who makes the lotus as an ornament,Lord who plays with the daughter of lotus flower NarayanaJalaruha sannibha netha, Jagadarambaka Suthra Narayana 10Lord who has eyes like lotus flower,Lord who is the cause of the birth of the world NarayanaPathakara janee samhara, karunalaya mamudhara Narayana 11Lord who destroys the darkness of sin,Lord who elevates me by his mercy. NarayanaAghabhakakshaya kamsare, Kesava Krishna Murare, Narayana 12Lord who killed Agha and Bhaga,Lord who is the enemy of Kamsa,Oh Kesava, Oh Krishna Oh enemy of Mura NarayanaHataka nibha peethambhara, Abhayam kuru may mavara Narayana 13Lord who wears gold like yellow silks,Please give me protection oh Consort of Lakshmi NarayanaDasaratha Raja Kumara, dhanava madha Samhara Narayana 14Lord who is the son of king Dasaratha,Lord who killed the pride of Asuras, NarayanaGovardhana giri Ramana, Gopi Manasa Harana, Narayana 15Lord who pleased the Govardhan mountain,Lord who stole the minds of Gopis NarayanaSarayu theera vihara, sajjana rishi mandhara Narayana 16Lord who plays in the banks of Sarayu,Lord who is like a wish giving tree to the good, NarayanaViswamithra Maghathra, Vividha parasu charithra Narayana 17Lord who saved the Yaga of Vishwamitra,Lord who has different histories NarayanaDwaja vajarangusa pada, Dharani sudha saha modha, Narayana 18Lord whose feet has symbols of flag and goad,Lord who was made happy by the daughter of earth NarayanaJanaka sutha prathipala, jaya jaya samsmruthi leela Narayana 19Lord who waited on the daughter of Janaka,Victory and victory to him who enjoys plays of life NarayanaDasaradha Vadruthi bhara, Dandaka Vana Sanchara Narayana 20Lord who obeyed Dasharatha’s words,Lord who travelled in Dandaka NarayanaMushtika chanura samhara, muni manasa vihara Narayana 21Lord who killed Mustika and Chanura,Lord who lives in the minds of sages NarayanaBali vinigraha Sourya, Vara Sugreeva hitharya, Narayana 22Lord who killed the valorous Vali,Lord who helped the good Sugriva, NarayanaMamuralidhara Veera, Palaya, palaya sree vara, Narayana 23Oh valorous Lord who played the flute,Please help us, help us, the consort of Lakshmi NarayanaJala nidhi bandhana Dheera, Ravana kanda vidhara, Narayana 24Lord who constructed dam across the sea,Lord who cut of the necks of Ravana, NarayanaThatee madha dalanaadya, Nataguna vida Ganadya Narayana 25Lord who killed the pride of Tataka,Lord who is praised by music and dance by DevasGowthama pathnee poojana, Karuna Ghanava lokana Narayana 26Lord who was worshipped by the wife of Gowathama,Lord who has a look which is filled with mercy NarayanaSambrhama seethe Haara, Sangetha pura Vihara Narayana 27Lord who stole the mind of Sita,Lord who lived in the city of Ayodhya, NarayanaAchalodhruthi chanchalkara, Bhakthanugraha thalpara Narayana 28Lord who was able to lift a mountain,Lord who is interested in blessing devotes, NarayanaNaigama gana vinodha, Raksha Sutha prahladha Narayana 29Lord who is pleased with the Sama gana,Lord who saved the Rakshasa lad Prahlada. Narayana
तुझे मा झे एक ना व, तुझे मा झे एक ना व
ऊन सा वली चा जुना लपंडा व, वा टतो नवी न का पुन्हा
तुला मला सा रे ठा व, तुझे मा झे एक ना व
ऊन सा वली चा जुना लपंडा व, वा टतो नवी न का पुन्हा
नव्या ने पुन्हा भेटली स तू
सां ग ना जरा कसा मला मी सा वरू
पा खरू पा खरू मन हळवे पा खरू
सा वरू सा वरू चल दो घे सा वरू
स्वप्न रेखण्या चा आपुला स्वभा व
जा गते तरी ही रा त का
पैंजणे चा हुली स वेड ला वती
चा हुली ओळखी चे अर्थ मा गती
तू जि थे मी ति थे, ओढ का वा ढते
आज व्हा वे तुझे का असे वा टते
वा हतो कि ना रा बां धलेली ना व
जी व हा कुठे वि सा वला