Dwarka sub-city residents prefer moving to larger homes within locality.

Dwarka sub-city is mainly an end-user driven market with the whole infrastructure up and running. It is well-connected with Metro Rail and airport, and a destination of choice for home buying. We have seen a trend wherein, existing residents of Dwarka sub-city look for better and bigger apartments within the Dwarka sub-city itself. These are primarily the ones who are residents of the earliest launched societies in the area and are now looking towards societies with better maintenance and construction quality. In a way they are looking...

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Is Neemrana an investment opportunity?

It has been proposed that Neemrana, Shahjahanpur and Bahrod be included as three sub-metropolitan cities in the National Capital Region (NCR). Surprised? Not all deserve enough to be included in the Delhi-NCR and hence, there would be strong rationale for that. Here, we will discuss what has led to this being proposed. Our analysis is for the perspective of the retail real estate investor, hoping to make decent returns over a tenure,...

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Does Your Financial Advisor / Agent follow SEBI Circular on Risk Profiling..?

When was the last time your agent / or financial adviser conducted your Risk Profile...? Do you know SEBI has issued guidelines for financial advisers and advisory firms..? Is your bank or agent following those and educated you abut those guidelines..? Financial Advisory is going a sea change in India, with SEBI having come up with new guidelines and refining of the existing one. There are separate guidelines for banks and Independent...

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Dwarka sub-city residents prefer moving to larger homes within locality

The article was published at MagicBricks.Com and can be accessed at: here.   Dwarka sub-city is mainly an end-user driven market with the whole infrastructure up and running. It is well-connected with Metro Rail and airport, and a destination of choice for home buying. We have seen a trend wherein, existing residents of Dwarka sub-city look for better and bigger apartments within the Dwarka sub-city itself. These are primarily the ones who are residents of the earliest launched societies in the area and are now looking towards societies...

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REIT: A new dimension to real estate investing - Part I

The article got published on MagicBricks.Com, and can be accessed at: here. Wished to ride the real estate wave for harvesting better returns but have been put off by high real estate prices in India? Introduction of Real Estate Investment Trusts (REITs) in India could open up new avenues for you. Traditionally, an investor intending to venture into real estate would scout for the best residential or commercial properties with an intention of growth or regular income from the real estate investment. For majority of investors, rising...

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Avoid Bank Planners, says Law Firm

Indian investor has been at the receiving end, when it comes to their wealth being managed by banks. SEBI accepted that there have been a rampant mis-selling of financial products at banks, and the same was mentioned by SEBI in their Wealth Management Guidelines dated 28th June 2013.  Based on their observation SEBI came up be the Wealth Management Guidelines for banks and Investment Advisor Guidelines for Independent Financial Advisers....

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Banks' Wealth Services Under RBI Scanner - RBI Guidelines & Observations

Reference: RBI Circular # DBOD.CO.FSD.No./24.01.026/2012-13 Draft Issue Date # June 28, 2013 Not long ago you might have felt being cheated by your bankers, on account of mis-selling of financial & investment products over past so many years. But, the irony of fact is that, it has been too wide spread across indian banking space; that now even RBI has taken notice and covered it in the draft of wealth management guidlines. Taking in...

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Pointers On Real Estate Bill Passed By Cabinet.

Finally, much awaited bill finds an approval with the Cabinet. It is beter late than never, wil real estate customer woes being over for now. Atleast, the process has been sent in motion. The Union Cabinet approved the bill to set up a regulator for the real estate sector with provisions for jail term for the developer for putting out misleading advertisements about projects. Here are 10 things you need to know about the bill: ...

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BEAWARE & THINK Before You Accept An OPEN OFFER Put Forth By The Company...!

Situation:   Imaging a situation that you are holding a 1000 shares of a company at a prices of INR 500 per share. This makes your holdings in that stock of INR 5,00,000/-. Also, Sensex is Trading at around 20,000 levels.   All the things seem in you favour and you get a good news that the same company in which you have invested your INR 5,00,000/-, has declared an open offer of a buy back. Your happiness knows no bound, since...

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(Important) I-T Returns Might Ask You To Disclose All Assets

Finance Ministry's consistent efforts to counter tax evasion practises in India might lead you to disclose all your assets and liabilities in I-T returns disclosures. This might be made mandatory for individuals and HUF's (Hindu Undivided Families).   So, you might have to fill up a new I-T return form that would ask you to disclose all your assets and liabilities. The year that went by saw disclosure of assets and liabilities being...

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Bank Loans - No Interest Rate Reduction In Near Future.

Irrespective of seeing a repo rate cut, we may not see reduction in the consumer loan rates; since, banks are still paying higher to depositors. Although, banking fraternity is satisfied the way cuts in repo rates are being done, but banks would not be able to cut lending rates till CRR (Cash Reserve Ratio) rate also cut. Cash Reserve Ratio is the rate at which RBI lends to banks.   Why Lending Rates Will Not...

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BeAware of [1st June 2013] : Dividend Distribution Tax on Debt Mutual Funds hiked to 25%, will become Applicable.

DDT on debt fund investments for retail investors has been increased to 25% from 12.5% The dividend distribution tax (DDT) on debt fund investments for retail investors has been hiked to 25% from 12.5% (plus surcharge and cess).  DDT is the tax that debt mutual funds (MFs) pay on the dividend income distributed to retail investors. Although dividends from mutual funds are tax-free in the hands of the investor, your debt fund deducts...

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Reduce Tax Outgo & Also Increase returns by upto 2.5% On Debt Funds

In the month of march, we see investors parking their surplus funds in fixed maturity plans and scores of other debt funds, to take advantage of double indexation benefit. But, the series of policy rate cuts by reserve bank of India and increased the expectation of capital appreciation on these investments.   Advantage of double indexation can be had by investing in March of year 1 (FY 2012-13) and then selling in April of year 3 (FY...

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RBI is responsible for the development of the Government Securities market. Although, debt market in India is not matured; but RBI is taking steps in the good direction to address key concerns.   What Are Inflation Indexed Bonds:   In the developed debt markets, such as, United Kingdom, USA, New Zealand, Canada, Sweden, and South Africa the Inflation Indexed Bonds issued by the Government are one of the popular debt instruments. These Governments undertake issuance of the bonds at a regular interval with an aim to:   (a)...

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Indian Americans: How to get your 2013 tax residency certificate

(Source: Times Of India) Venkatraghvan | Apr 29, 2013, 06.54 PM IST This is the first year that India is mandatorily seeking TRCs and there are likely to be teething troubles. With effect from financial year 2012-13, India made it mandatory for all foreigners, including non-residents to obtain a Tax Residency Certificate with certain prescribed details from their country of residence in order to claim benefits of the Double Taxation Avoidance...

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Strategy A Fixed Income Investor Should Implement.

In this article we determine facts and provide reason for including Income funds in the fixed income portfolio. Our economy is on the downward trend since 2011, with GDP hovering around 6%. Other macro economic indicators as well as weekly and monthly statisticslike IIP numbers also show no sign of relief and the change the the trend. Although, inflation has lowered a bit, but fiscal and current deficit are still posing a grave problem to our economy as a whole. In July 2012, our recommendation to investors was to park their investments in Short-Term...

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3 Points and 3 Principles To Follow Before Investing In GOLD.

GOLD has seen a steady crash in prices for the past couple of days. The fall was catalysted with news that Cyprus's central bank would sell its gold holdings. If that happens, it might trigger another countries in Europe also following the bandwagon. Currently US holds biggest Gold Reserves of approx 8,100 tonnes. What would happen if US decides to offload it's reserves. Now, crucial question is, what an investor should do in such a scenario? Gold, as an asset class has always been considered as a hedge against inflation. Thus, also there should...

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