Friday, April 24, 2020

How Business survival after the pandemic is possible for SMes?

How Business survival after the pandemic is possible for SMes?
The down turn of economy has affected many sectors. It is nerve wrecking thing to clear off salaries,
pending taxes and other major dues when the workings are not functional in the market or all
strategies seem to be in vain. At this point of time, experiments will not work but experiences will
surely work wonders. If you are confused on how to make your next move, then here are some things
that are surely worth implementing.
Infusing technology updates to employees: - The new move is doing things online, one of the major
advantage of this technique is saving on travelling cost and at same time earning brownie points by
having one on one interaction with clients.
Striking a balance between inventories and unnecessary expenses: - Don’t saddle up your sales.
Supposing if you think an item is slow moving then stocks it up to half but don’t let your sales go. Extra
inventories could tie up your cash flow and we cannot afford to take a risk in the volatility markets.
Ensure that there is contingency plan involved in your entire strategy.
Work on training your stuff:- The low costs are the best time to train your employees and even
upgrade skills. Instead be focus on giving on job trainings or digital trainings.
Rent your extra space: - As the rented office spaces are more in trend and if you thing that the rent
in present times are taking toll on your profits, this is your time to sublet the space.
Gain the extra edge of marketing by deploying sales people: - We are not saying you to go overboard
with your sales team instead hire one or 2 more to get ahead of your competitors and win the business
in your favour. This part will also focus on that you are willing to give quality services and support as
and when required. Instead of short term gains, try to fix in some long term contracts.
Don’t hesitate to share piece of advice or necessary elements with your employees too. Keep the
productivity morale on and it’s high time to capture potentials for the good future tomorrow!

Friday, April 17, 2020

Five India’s emerging star sectors after Pandemic Mayhem.

Five India’s emerging star sectors after Pandemic Mayhem.
Emerged Pandemic that occurred from China has largely taken a toll on humankind and economy.
When Chinese products not to be trusted anymore, India with a huge man-power and high capability
of resources could easily fulfil global demands. This is the time where country like India could grasp
the opportunities and raise as new economic star of tomorrow. Sectors that inherit capacity to grow
are as follows:-
1) Information Technology: - The “work from home” phase has given new avenues of scope and
opportunities. As a result there would be more inbuilt apps and systems taking place. These
companies would hire more and more employees that will result in major contribution of
economy. According to the reports, the technology is becoming new sunshine and will reach
the bench mark of $2.5 million industry in next 2 years.
2) Research and communication: - Research is required to bring in clearer things about certain
behavioural patterns and how the masses responds to the data provided. Based on all the
analytical figure, the influenced methods is going to make more than $40 million in the
industry.
3) FMCG:-This is the 4 largest growing sector in India. Further it will increase the disposable
income in rural India and lowers peneration levels.
4) Infrastructure: As we talk about the Metro projects, the connectivity will be at ace. Setting up
factories in the lesser rent spaces people will want to have good transport facilities too. To
improvise on the good economic state, even the governments will think on giving better road
transport facilities.
5) Healthcare: Be it exporting of low cost ventilators to life saving drugs even the super power
nations are relying on India. With larger scope of manpower capablities and machineries, India
is capable enough to deliver things.
Crisis give birth to newer innovations this Pandemic has thought us newer lessons to go on
and stay stronger.

Friday, April 10, 2020

3 things to remember while buying home during corona virus pandemic

3 things to remember while buying home during corona virus pandemic

Though there is isolation lockdown some things are coming as a sight of relief. We are thinking not to miss out on opportunity of staying safe at home and at the same time taking benefit of rock bottom prices of real estate. There is right now leverage on the older EMIS or loan instalments for few months, it’s high time to fulfil your long thought of buying home.

Here are some tips on how to get it right and buying home at pocket friendly prices, if you are new investor then you must think on these option that will help you to plan your move safely, some of the tips are as follows:-

Starting the necessary process as early as possible : Due to pandemic virus spread; many real estate transactions steps are going slower or delayed; if you are ready to quote your offers does negotiations part online and in the later part keeping deadline will work wonders. Have a specified date and talk to the lender or agent if it’s possible.

Asking for virtual tours: - In the technological phase it’s never difficult to buy a home. As many of the sellers have imposed ban of virtual tours with risk of spreading diseases, the home seekers can ask for online tour and could go for chats with the brokers. This is one of the most reliable ways of keeping a social distance.

Keeping in mind volatility of the markets: - There are lot of variations been introduced and the demands on the mortgages are higher, keep the options open of flexibility. When you are confused over the choices then seek advice of the expert consultants. If possible then go for long term loans instead of short term once.

Friday, April 3, 2020

Tips on letting out your home during corona virus pandemic

Tips on letting out your home during corona virus pandemic

After the pandemic world wide spread virus, many things won’t be same as usual. Worldwide many changes in the industry are too being seen and real estate is no different. Even after lockdown is over; things will take its own course of time to settle out on everything. If you are trying out to let out your home in this kind of scenario then this tips will help in letting out your home in much easy way.

Don’t plan any open house trips and gathering of large group: - A hoarding of place available for lease could bring you immense inquiry but at same time fear of diseases too. You never know that many people might have travelled from different places. Instead try on different marketing technique like posting photos or answering the basic or firsthand queries of customers via E-mail.

Creating a video tour: - Whether a license is coming from agent or direct contact, a video tour in this phase will give a clearer picture of things. This small step will also give the buyers an idea about home layout and they could also solve the perception of making a clearer discussion. As there are more users now days of internet, the digital marketing strategies are getting a easy nod of everything.

Negotiating of contracts: - One could definitely take a help of e-conferencing or other video call tools to be ready with negotiating and get prepared for the next level things like e-signing programs.

Keep things sanitized: - Once the licensee starts showing up active interest in your place, as a licensor its prime responsibility to keep things sanitized and also maintain personal hygiene level, while taking person for inspections.

Friday, March 27, 2020

Why its high time to accelerate and invest in real estate portfolio?

Why its high time to accelerate and invest in real estate portfolio?
Have you always dreamt of getting shifted from rented property to your own house? The
current shift in the real estate trends is turning out to be boon for long term investors.
According to the expert insigts the real estate prices are rock bottom prices.
If you are thinking on why do I Invest now, here are few reasons to make things turn out into
your favor
1) Chances of gaining larger units at feasible prices: As inflation and other problems are on its
peak, prices are dropping down. In order to protect interest of long term investors the builders
and authorities are offering amazing deals and discounts.
2) Availing the great Finance options: With fewer buyers in the market, scope is also good to
gain great deals. Customised and easy payment options too could be availed.
3) Shifting from rented property to own house: Paying for the rental is losing proposition to
your saved wealth assets. As the drop down prices are the signal to invest more and spend less.
If You have always dreamt of getting your own house then this right time to take action. Before
stepping into any venture do check if all the legal formalities are completed. As the prices like
this will never drop down again so this could be life time opportunity to grab on good deals.

Friday, March 20, 2020

Most unexpected good news announced for Delhi Senior Citizens and physically challenged resident people


Most unexpected good news announced for Delhi Senior Citizens and physically challenged
resident people.
The allowance of accessiblity to all floors via lifts have cut down the major problems of senior
citizens and physically challenged people.
The scenario in India especially in country's capital was to go on the higher floor and then later
on climb stairs to get access of roof, but the new laws amended will totally change this scene.
According to the new bylaws its easy to install lifts and have all access to roof, terrace and
basement.
However if there are any forbidden situations or emergencies the building lift should be
avoided. Regarding height exemptions and building permit requirement pertaining to lift also
will be looked upon and positive Incorportations of India. However if there are areas near the
Airport then in that case the Airport Authority Regulations of India should be followed.
When we talk about the past laws, It stated that the height of machine room, house room that
can house all equipments should be included in overall permissable height of building that has
being now exempted.
In the earlier cases, Builders would be reluctant to install lifts in residential building as the
height of floor to be reduced. With the exemption of machine room height limit, the installation
of lifts sounds to be easy process.
In order to go for easy installation of lifts, there is expansion for procedures list in that the
building permissions will not be required.

Friday, March 13, 2020

Why buying a DDA flat could be rewarding experience?


Why buying a DDA flat could be rewarding experience?
The establishment of footprints in some of the residential hubs of strategical places like
Dwarka, Janakpuri and Rohini and owning a residential property could be smart and fool proof
investment that even accompanies ROI.
The GST free resale units are gaining popularity in Delhi. The prime advantage of buying DDA
unit is that could bring you hassle free loan approval, since major financial institution easily give
sanction to old DDA unit.
Right from Low Income group to higher income groups the DDA units are being designed by
keeping everyone in mind.
Decision of buying resale units can be determined by factors like:-
1) Checking age and construction quality of project.
2) Ensuring that property is all complied with rules and regulations.
3) Check on mandatory papers like encumbrance certificate, occupancy certificate, share
certificate. Reconfirming that all documents are up to mark and discrepancy free.
4) Get an complete feasiblity report by hiring legal expert.
How to Validate the owner's authencity?
1) Ask for allotment letter that is being furnished by DDA.
2) Power of attorney and Sales Deed.
3) NOC from water and electricity departments.
Requirements of documents for transferring the DDA Flat to the next owners:-
There would be requirement of two affidavit having details of the owner and seller to be duly
signed between both parties on 10 INR currency stamp papers.
Undertaking deed that has to be signed on INR 10 stamp papers.
100 INR stamp papers of two indemnity bonds, Incase if there is any room of dispute emanates
for property sold, the buyer is fully authorised to prosecute seller in court by taking help of
indemnity bond.
Completion certificate or form D or registered deed.
 Passport size photographs and three specimen signatures attested by Grade I officer.
Its mandatory to have address proof or pass book of any Nationalised Bank will help in solving
your purpose.
After the stage of completition do approach DDA for taking mutation certificate for resaling of
flat.