The Investo Maniac

With the advent of 7% growth of Indian economy, and ever rising disposable income of our citizenry, people are looking forward for their permanent residential units to attain self-reliance and secure their future. And with the growth of formal banking systems in the economy, availability of cheap credit facilities and home loans through banks and other financial units, there are few things that one needs to consider and scrutinize to benefit most from such facility and thus pay nominal interest with timely repayment of credit to attain possession of property at earliest. (1)     A diligent research – Due diligence done by the person looking for the loan is a mandatory requirement wherein one needs to check the total interest rate charged, hidden charges (if any) and more importantly the ease of procedures and incentives provided by the bank. In this case one should not simply go as per the instructions of one’s loan agent. For e.g. SBI charges a low home loan inter...

Off lately, Delhiites have been seeing horrifying images of smoggy Delhi, and hearing about the probable causative factors from where this gloomy situation has arisen. It includes burning crackers in the festive season, vehicular pollution, stubble burning in Delhi’s nearby agriculturist states and landfill waste site uncontrollable burning. But amongst these factors, there also lies a heavyweight in spreading air pollution, particularly particulate matter pollution (PM 2.5 and PM 10), which is the construction sector in collusion with dust and pollutants emanated out of it. The construction industry causes a wide variety of ripples those affect the environment and cause irreversible degradation to it.  Contribution of construction activity to pollute the ambient air and cause air pollution comes out of land clearing operations, operating machinery on diesel fossil, burning activities associated with construction, demolition activity and working with high toxicity materials....

Ever since sense came into our minds and wisdom resided, the slogan of Reduce, Reuse and Recycle has been echoing in the vicinity of our eardrums recurringly. These three canons of living a non wasteful lifestyle by reducing the carbon footprint of individuals thus preventing an unsustainable future for our civilizations works well as a rhetoric, but do we actually know what does recycling mean and how great an idea it is for our future together? According to wikipedia , recycling is the process of converting waste materials into reusable objects to prevent waste of potentially useful materials, reduce the consumption of fresh raw materials and energy thereby utilised for this new production. Recycling has umpteen number of added advantages to it such as it reduces the need for having conventional waste management techniques and thus reducing the waste footprint that causes air and water pollution through toxin generation. Recycling thus effectively reduces the net greenhouse ga...

The Delhi High court has granted a perpetual injunction to Ashish Bhalla interdicting the defendant from defaming or abusing him.  Mr. Bhalla, who is a well-known architect and reputed development professional, had filed a defamation case seeking an injunction before the Delhi High Court. The case was filed against certain defamatory posts prompted by vested interests on customer forums of the beleaguered AN Buildwell Pvt. Ltd. which has projects in Gurgaon and Manesar.  Mr Bhalla had contended that he himself was locked in litigation with the owners of AN Buildwell since 2014, and was neither a promoter nor a shareholder of the said Company, and had submitted proof of the actions of vested interests that had misguided customers. The court came down quite heavily on Mr. Anil Sharda who was directed to be present in person for his abusive and defamatory posts, and enquired as to how it was open to the defendant to defame or abuse a person when there was no finding aga...

The real estate sector is one of the most globally recognised sectors. The commercial real estate sector in India continued to evolve in Q1 2017, witnessing an increased share of Tier 1-2 cities in the overall space take-up, coupled with a sustained rental growth. From the perspective of office space take-up, the first quarter of 2017 was one of the strongest first quarters witnessed in the past several years. Leasing during the quarter was mainly led by Delhi NCR (National Capital Region), Bangalore and Mumbai accounting for almost 55% of the transaction activity, followed closely by Hyderabad. In North India, commercial real estate market is hugely dominated by Delhi NCR, but, in recent times, Chandigarh has shown signs of rapid growth. Chandigarh is a union territory of India serving as the capital of two states, Punjab and Haryana, is one of the fastest growing cities. Commercial real estate here is growing significantly, providing the much-needed infrastructural pu...

NRI Capital has practically changed the landscape of real estate sector growth in India. Today, real estate sector is one of the largest employers in India, because of funds being pumped into the market by NRI’s. Why it works for NRI’s, irrespective of factors such as demonetization, is rather simple to understand. The conversion from USD to INR makes it easy and affordable to invest here. Add to it the economic opportunities giving rise to a new real estate (potential) in India; many more NRI’s can be seen jumping to the foray. They are all familiar with the Indian terrain, and are mostly, correct visionaries. Another feature is NRI investment in their native land, the place to which they belong originally. This one is not for commercial interest (you cannot even invest in agricultural land, farm house, or plantation property), but preference given to nostalgia. If we look closely at this one aspect, mostly it is local destinations including, Delhi-NCR, Chandigarh, Ahm...

Let us first understand the correlation between stamp duty and circle rate. Stamp duty is the levy paid by a buyer on the total cost of the property. It is paid at the time of registration of the property (after the transaction is complete). Circle Rate is best defined as the minimum selling price, or minimum value of the property, at the exact time of being sold or being bought over. To put it simply, the stamp duty has to be paid on the legal value of your property transaction. So, do we have to pay the stamp duty on the circle rate? Well, the answer is no. But then why are we focusing on stamp duty and circle rates through this article. Stamp duty and circle rates, both are very important for the buyers to understand, and know before they actually sign a legal agreement. Usually, it is the market value of the property on which the actual transaction takes place. Circle rate is the minimum value of the property, as fixed by the state government, who is the recipient of ...