#Financial Planning Trust Gujarat

[thinknorthmanagment]

Top Business Consultants in Ahmedabad, Gujarat: Expert Guidance for Your Success

Discover the top business consultants in Ahmedabad, Gujarat, who offer unparalleled expertise to help your business thrive. With a deep understanding of the local market and global trends, these consultants provide strategic solutions tailored to your unique needs. Their comprehensive services include financial planning, market analysis, and operational improvements. By partnering with these top business consultants in Ahmedabad, Gujarat, you can ensure sustainable growth and competitive advantage. Trust Think North for your business consulting needs and experience excellence in every step.

[finwings]

Ahmedabad's Top Careers in the Stock Market

Ahmedabad, Gujarat's vibrant commercial hub, is not just a center for textiles and manufacturing; it's also a burgeoning financial center attracting a growing number of stock market professionals. Statistics show a 25% rise in online stock market accounts opened in Gujarat in the last year, reflecting the increasing interest among Ahmedabadis in this dynamic field. If you're passionate about finance and considering a career in the stock market courses in ahmedabad offer a plethora of exciting opportunities. This article explores some of the most sought-after careers in the city's financial landscape, equipping you with the knowledge to make an informed decision about your future.

1. Equity Research Analyst

Equity research analysts are the backbone of any investment firm, providing in-depth analysis of companies listed on the stock exchange. They delve into a company's financial statements, industry trends, competitive landscape, and future prospects. Using their research and analytical skills, they create reports and recommendations for investors, guiding them on potential investment opportunities.

Skills Required: Strong analytical and research skills, financial modeling expertise, excellent communication skills (written and verbal), ability to interpret financial data and knowledge of accounting principles and valuation methods.

Career Path: Equity research analysts typically start as research associates, assisting senior analysts with data collection and analysis. With experience, they can progress to junior analyst roles and eventually lead research coverage for specific sectors or companies.

2. Portfolio Manager

Portfolio managers are entrusted with the critical task of managing client investments. They consider each client's risk tolerance, financial goals, and investment horizon to create a personalized investment portfolio. They actively manage these portfolios by buying and selling securities based on market conditions and their research.

Skills Required: Strong analytical and problem-solving skills, in-depth knowledge of financial instruments and investment strategies, excellent communication and interpersonal skills, ability to manage risk effectively, strong ethical compass.

Career Path: Portfolio managers often start as investment advisors or research analysts, gaining experience in financial markets before transitioning to portfolio management roles. Experience and relevant certifications can enhance career prospects.

3. Stockbroker / Investment Advisor

Stockbrokers, also known as investment advisors, act as intermediaries between investors and the stock exchange. They understand their clients' financial needs and recommend suitable investment options based on their risk tolerance and investment goals. Stockbrokers can cater to retail investors or work with institutional investors like mutual funds.

Skills Required: Excellent communication and interpersonal skills, strong knowledge of financial products and investment strategies, ability to build trust and rapport with clients, market awareness and understanding of regulatory compliance.

Career Path: Stockbrokers typically require a certification from the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE) to operate. Many start their careers as trainee advisors or relationship managers, gradually building their client base and experience.

4. Financial Planner

Financial planners take a holistic approach to an individual's financial well-being. They analyze a client's income, expenses, debts, financial goals, and risk tolerance to create a comprehensive financial plan. This plan may include investment strategies, retirement planning, tax planning, and estate planning.

Skills Required: Strong analytical and problem-solving skills, in-depth knowledge of financial products and services, excellent communication and interpersonal skills, and ability to understand human behaviour and financial psychology.

Career Path: Financial planners typically require a Certified Financial Planner (CFP) certification to practice. They can work independently, with financial institutions, or as part of wealth management teams.

5. Algorithmic Trader (Algo Trader)

The rise of technology has spawned a new breed of stock market professionals – algorithmic traders (algo traders). These individuals develop and implement computer programs (algorithms) to automate trading strategies. Algo traders use complex algorithms to analyze market data, identify trading opportunities, and execute trades at high speeds.

Skills Required: Strong programming skills (Python, C++), knowledge of financial markets and trading strategies, understanding of quantitative analysis and statistical modeling, problem-solving and analytical skills.

Career Path: Algo trading is a specialized field requiring strong technical and financial expertise. Individuals with a background in computer science, finance, or mathematics can pursue careers in this area. Relevant experience and certifications in algorithmic trading can be beneficial.

Investing in Your Future: Stock Market Courses

As you explore these diverse career paths, remember that a solid foundation in financial markets is essential. Consider enrolling in reputable stock market courses offered by institutions with experienced faculty. These courses can equip you with the necessary knowledge and skills to navigate the dynamic world of finance and give you a competitive edge in the job market.

Remember, as the legendary investor Warren Buffett once said, "The most important thing to do if you are in investing is to learn to control your emotions."

[srghospital1]

Discovering the Best Eye Hospital in Ahmedabad: SRG Eye Hospital

When it comes to taking care of your eyes, choosing the right hospital is crucial. Ahmedabad, known for its rich cultural heritage and modern infrastructure, is home to several top-notch eye hospitals. Among these, SRG Eye Hospital stands out as a beacon of excellence in eye care. Whether you need routine eye exams, advanced surgical treatments, or specialized care, SRG Eye Hospital offers comprehensive services tailored to meet your needs.

Why SRG Eye Hospital Stands Out

1. State-of-the-Art Facilities

SRG Eye Hospital is equipped with cutting-edge technology that ensures precise diagnostics and effective treatments. From advanced imaging systems to the latest surgical instruments, the hospital invests in top-tier equipment to provide the best care possible.

2. Expert Team of Ophthalmologists

The hospital boasts a team of highly skilled and experienced ophthalmologists. These specialists are not only well-versed in the latest medical advancements but are also committed to ongoing education and research. Their expertise spans across various subspecialties, ensuring that patients receive targeted and effective treatment for their specific conditions.

3. Comprehensive Eye Care Services

SRG Eye Hospital offers a wide range of services, including:

Routine Eye Exams: Regular check-ups to monitor eye health and detect any issues early.

Cataract Surgery: Using the latest techniques for safe and effective removal of cataracts.

LASIK and Refractive Surgery: Advanced procedures to correct vision and reduce dependence on glasses or contact lenses.

Glaucoma Treatment: Specialized care to manage and treat glaucoma, preventing vision loss.

Pediatric Ophthalmology: Dedicated services for children, ensuring their vision development is on track.

4. Patient-Centric Approach

At SRG Eye Hospital, patient comfort and satisfaction are paramount. The hospital’s staff is trained to provide compassionate care, ensuring a pleasant experience from consultation to post-treatment follow-ups. The hospital also offers personalized treatment plans, taking into account each patient’s unique needs and preferences.

5. Affordable Care

Quality eye care shouldn’t be a luxury. SRG Eye Hospital strives to make advanced eye care accessible to everyone. The hospital offers various payment plans and works with numerous insurance providers to ease the financial burden on patients.

Testimonials: Stories of Success

Mrs. Neeta Patel’s Experience with Cataract Surgery

"I was terrified of the idea of eye surgery, but the team at SRG Eye Hospital made me feel so comfortable. The surgery was quick, and I can see clearly again without any issues. The entire process was seamless and reassuring."

Rahul Mehta’s LASIK Journey

"I’ve been wearing glasses since I was a child, and getting LASIK at SRG Eye Hospital was a life-changing decision. The doctors explained everything in detail, and the procedure was quick and painless. My vision is perfect now!"

Community Engagement and Education

SRG Eye Hospital is deeply committed to community health. The hospital regularly conducts free eye check-up camps, awareness programs, and educational workshops to promote eye health in Ahmedabad. These initiatives help in early detection and prevention of eye diseases, contributing to the overall well-being of the community.

How to Reach SRG Eye Hospital

Located conveniently in the heart of Ahmedabad, SRG Eye Hospital is easily accessible by various modes of transport. The hospital’s address is:

SRG Eye Hospital;-  A/5, Shivalik Business Centre, Rajpath Rangoli Rd, opp. Kensville Golf Academy, Ahmedabad, Gujarat 380054

For appointments and inquiries, you can contact them at:

Phone: +91-9408500060

Email: info@srgeyehospital.com

Website: www.srgeyehospital.com

Conclusion

When it comes to eye care in Ahmedabad, SRG Eye Hospital is a name you can trust. With its advanced facilities, expert team, and patient-focused approach, the hospital ensures that your eyes receive the best care possible. Whether you need routine eye exams or specialized treatment, SRG Eye Hospital is committed to helping you achieve optimal vision and eye health. Visit SRG Eye Hospital and experience the difference in eye care excellence.

[jhulelalhospital]

"Charitable Hospital in Gujarat: A Comprehensive Guide to Jhulelal Hospital's Services and Impact"

"Explore the extensive services, community initiatives, and remarkable impact of Jhulelal Hospital, a leading charitable hospital in Gujarat dedicated to providing quality healthcare to all. Discover how this institution is transforming lives and contributing to a healthier society."

Jhulelal Hospital, a prominent charitable hospital in Gujarat, stands as a beacon of hope and healing for countless individuals in the region. This esteemed institution has earned a stellar reputation for its unwavering commitment to providing quality healthcare to all, regardless of their financial status. Over the years, Jhulelal Hospital has not only excelled in medical care but has also become a pivotal player in community health initiatives, educational programs, and social welfare projects. This comprehensive guide delves into the myriad facets of Jhulelal Hospital, exploring its services, community impact, and the stories of those whose lives have been transformed by its compassionate care.

At its core, Jhulelal Hospital embodies the ethos of a charitable hospital in Gujarat. The facility is equipped with state-of-the-art medical technology and staffed by highly skilled professionals who are dedicated to the hospital's mission of delivering accessible healthcare. From routine check-ups to complex surgical procedures, the hospital offers a wide range of medical services. Specialties include cardiology, neurology, orthopedics, pediatrics, oncology, and more. Each department is led by experts who are not only proficient in their fields but also deeply committed to the well-being of their patients.

One of the standout features of Jhulelal Hospital is its emphasis on patient-centered care. The hospital's approach ensures that every patient receives personalized attention and treatment plans tailored to their specific needs. This compassionate care extends beyond the hospital's walls, with numerous outreach programs designed to serve the broader community. Mobile health clinics, free health camps, and awareness campaigns are just a few examples of how Jhulelal Hospital takes healthcare to the doorsteps of those in need, particularly in rural and underserved areas.

Education and training are also integral components of Jhulelal Hospital's mission. The hospital runs several educational initiatives aimed at enhancing the skills of healthcare professionals and educating the public on health-related issues. These programs include continuing medical education (CME) for doctors, nursing training programs, and workshops for paramedics. Additionally, public health seminars and awareness campaigns play a crucial role in empowering the community with knowledge about preventive healthcare measures, disease management, and healthy lifestyle choices.

The impact of Jhulelal Hospital as a charitable hospital in Gujarat extends into social welfare. The hospital partners with various non-governmental organizations (NGOs) and government bodies to implement projects that address the social determinants of health. These initiatives focus on areas such as sanitation, nutrition, maternal and child health, and mental health. By addressing these broader social issues, Jhulelal Hospital contributes to the overall improvement of public health and quality of life in the region.

Financial assistance programs are another critical aspect of Jhulelal Hospital's operations. Understanding that many individuals in Gujarat may face financial barriers to accessing healthcare, the hospital offers subsidized treatments and financial aid to those in need. This support ensures that no one is denied essential medical care due to their economic circumstances. The hospital's commitment to inclusivity and equity is evident in its efforts to make healthcare affordable and accessible to all segments of society.

The stories of patients who have benefited from Jhulelal Hospital's services are a testament to the institution's profound impact. From life-saving surgeries to chronic disease management, countless individuals have experienced significant improvements in their health and quality of life thanks to the hospital's expert care. These personal narratives highlight the dedication and compassion that define Jhulelal Hospital's approach to healthcare.

Jhulelal Hospital also plays a crucial role in responding to public health emergencies. During outbreaks of diseases or natural disasters, the hospital's emergency response teams are on the front lines, providing critical care and support to affected communities. The hospital's preparedness and swift action in times of crisis have been instrumental in mitigating the impact of such events on public health.

The vision for the future of Jhulelal Hospital is one of continued growth and expansion. Plans are in place to enhance existing facilities, introduce new specialties, and expand outreach programs to reach even more individuals in need. The hospital's leadership is committed to staying at the forefront of medical advancements and ensuring that the institution remains a leader in charitable healthcare in Gujarat.

In conclusion, Jhulelal Hospital exemplifies what it means to be a charitable hospital in Gujarat. Its comprehensive medical services, community initiatives, educational programs, and social welfare projects collectively create a holistic approach to healthcare. By prioritizing accessibility, inclusivity, and compassion, Jhulelal Hospital continues to make a significant difference in the lives of countless individuals and communities. As the hospital looks to the future, its unwavering commitment to its mission promises to bring even greater positive change to the region.

Address: R.K. Avenue zadeshwar shukaltirth road, Zadeshwar  chokdi,Bharuch-392011,Gujarat

Call: 7359118800

E-mail:  jhulelalhospital@gmail.com

Visit:  https://jhulelalhospital.org/

[johnthejacobs]

Exploring the Rise of Ramsons Food Ltd. Share Price

Introduction

In recent months, The Ramsons Food Ltd. Share Price has experienced a significant surge, capturing the attention of investors and market analysts alike. This article delves into the factors driving this remarkable rise in Ramsons Food Ltd. Share Price and explores the implications for the company and its stakeholders. The company specializes in the trading of various food products including clarified butter (ghee), skimmed milk powder, whey powder, fresh milk, milk powder, edible oil, butter, cream, and related items utilized in diverse edible products. Originally established as a Partnership Firm under the name "M/s Ramsons" through a partnership deed dated November 12, 2004, the company later underwent a transformation into a Public Limited Company known as "Ramsons Food Products Limited" on May 8, 2019.

Ramsons Food Products Limited boasts an extensive network for sourcing and processing milk, with the capacity to gather and process 500,000 liters of milk daily from its Village Collection Centers spread across approximately 1000 villages. This capacity is slated for expansion, with plans to increase coverage to over 2000 villages in the upcoming year. The company markets its diverse range of products under the brand name 'Ramsons'.

Operating across a wide geographical expanse, Ramsons Food Products Limited conducts its business activities in multiple states including Delhi, Haryana, Rajasthan, Punjab, West Bengal, Orissa, Bihar, Chhattisgarh, Maharashtra, Gujarat, Uttarakhand, Himachal Pradesh, Jammu Kashmir, and Uttar Pradesh. This expansive presence allows the company to cater to a diverse customer base and tap into varied market opportunities across different regions.

Background of Ramsons Food Ltd.

Ramsons Food Ltd. is a prominent player in the food industry, renowned for its wide range of products and strong market presence. The company is involved in various segments, including food processing, packaging, and distribution, catering to both domestic and international markets. With a focus on quality, innovation, and customer satisfaction, Ramsons Food Ltd. has established itself as a trusted name in the industry.

Recent Developments

The surge in Ramsons Food Ltd.'s share price can be attributed to several recent developments that have propelled the company's growth and expansion efforts.

Expansion Initiatives

Ramsons Food Ltd. has been actively pursuing expansion initiatives to capitalize on emerging market opportunities. The company has invested in upgrading its production facilities, enhancing efficiency, and increasing capacity to meet growing demand. These expansion efforts have not only boosted production capabilities but also strengthened the company's competitive position in the market.

Product Innovation

Another key driver behind the rise in share price is Ramsons Food Ltd.'s commitment to product innovation. The company has continuously introduced new and innovative products to cater to changing consumer preferences and market trends. By staying ahead of the curve and offering unique and high-quality products, Ramsons Food Ltd. has been able to capture market share and drive revenue growth.

Strategic Partnerships

Ramsons Food Ltd. has also forged strategic partnerships with other industry players, enabling it to leverage synergies and expand its market reach. These partnerships have facilitated access to new distribution channels, markets, and resources, driving sales and enhancing the company's competitive advantage.

Financial Performance

The strong financial performance of Ramsons Food Ltd. has been a significant contributor to the rise in share price. The company has consistently delivered robust revenue growth and profitability, surpassing market expectations. Investors have been impressed by Ramsons Food Ltd.'s ability to generate value and maintain strong financial health amidst challenging market conditions.

Market Sentiment

The bullish sentiment surrounding Ramsons Food Ltd. has been reflected in the stock market, with investors showing increased interest and confidence in the company's prospects. Analysts have revised their price targets upwards, citing favorable industry dynamics, strong fundamentals, and growth potential as reasons for optimism.

Future Outlook

Looking ahead, Ramsons Food Ltd. appears well-positioned to sustain its growth momentum and capitalize on the opportunities ahead. With continued focus on expansion, innovation, and strategic partnerships, the company is poised for further success in the food industry. However, it will be crucial for Ramsons Food Ltd. to remain vigilant and adaptable to evolving market trends and challenges.

Conclusion

The rise in Ramsons Food Ltd.'s share price reflects the market's confidence in the company's growth prospects and strategic initiatives. As the company continues to execute its expansion plans, innovate its product offerings, and strengthen its market position, investors remain optimistic about its future trajectory. Ramsons Food Ltd. stands poised to deliver value to shareholders and maintain its position as a leading player in the food industry.

[gujarattoursonline]

Gujarat Explored: The DMC Advantage

Prepare to embark on a journey through Gujarat's vibrant tapestry, led by the unparalleled expertise of its Destination Management Company (DMC). Discover what makes this DMC the ultimate choice for travelers seeking an unforgettable expedition.

Immersive Local Expertise: The DMC of Gujarat prides itself on its vast network of local connections and profound understanding of the region's intricacies. With years of experience navigating Gujarat's diverse tourism landscape, they've cultivated strong partnerships with hotels, transportation providers, and knowledgeable guides. This network grants travelers exclusive access to premier accommodations, diverse transportation options, and the hidden gems tucked away in Gujarat's vast expanse.

Tailored Experiences for Every Explorer: At the heart of the DMC's ethos lies a dedication to understanding the unique interests and preferences of each traveler. Whether you're enthralled by the echoes of ancient monuments, the untouched beauty of nature reserves, or the exquisite flavors of Gujarati cuisine, the DMC crafts personalized experiences tailored to your desires. From the bustling bazaars of Ahmedabad to the tranquil oases of Diu, your itinerary is curated to reflect your individual journey through Gujarat's wonders.

Seamless Service, Every Step of the Journey: The DMC of Gujarat is committed to delivering impeccable customer service, ensuring a seamless and unforgettable travel experience from start to finish. Their seasoned team of professionals is at your service, providing assistance with itinerary planning, hotel reservations, transportation arrangements, and more. Whether you're embarking on a solo adventure or traveling with a group, they are dedicated to supporting you at every step of your exploration.

Diverse Options for Every Traveler: Whether you seek a luxurious retreat or an adventure on a budget, the DMC of Gujarat offers a diverse range of tour packages to suit every traveler's preferences and financial considerations. From solo travelers to families and larger groups, they have the expertise to tailor the perfect itinerary for your needs, ensuring that Gujarat's wonders are accessible to all.

Conclusion: As you set out to explore the captivating landscapes of Gujarat, let the DMC serve as your trusted guide to unlocking the region's hidden treasures. With their local expertise, personalized service, and diverse offerings, they ensure that your journey through Gujarat is nothing short of extraordinary. Embrace the magic of Gujarat, guided by the expertise of its premier DMC, and prepare to uncover the mysteries and marvels that await you in this enchanting land.

[dholerasmartcity]

Discover the Unmatched Potential of Dholera SIR for Real Estate Investment

Welcome to Tatvam Realty Pvt. Ltd, your trusted partner in unlocking the incredible investment opportunities in Dholera Special Investment Region (SIR). As the leading real estate firm specializing in Dholera, we are dedicated to helping you make informed decisions and maximize returns on your investments in this futuristic smart city.

Unveiling Dholera SIR: The Jewel of Gujarat's Economic Growth

Nestled in the vibrant state of Gujarat, Dholera SIR stands as a testament to India's ambitious vision for sustainable urbanization. Recognized as the first smart city of the country, Dholera presents a remarkable landscape for real estate investment. With its strategic location, state-of-the-art infrastructure, and unparalleled potential, Dholera SIR is a goldmine of opportunities.

Investing in Dholera: A Lucrative Choice for Discerning Investors

Strategic Location

Dholera's proximity to key transportation hubs, including airports, ports, and major highways, positions it as a prime destination for businesses and industries. This strategic advantage ensures excellent connectivity and easy access to domestic and international markets.

Robust Infrastructure

Dholera SIR boasts world-class infrastructure designed to support a thriving ecosystem of residential, commercial, and industrial developments. From well-planned roads and utility networks to cutting-edge technology integration, every aspect of Dholera's infrastructure is crafted to foster growth and sustainability.

Dholera Smart City

Dholera smart city status sets it apart from other investment destinations. The integration of advanced technologies, such as smart grids, intelligent transportation systems, and digital governance, makes Dholera a beacon of innovation and efficiency. Investing in Dholera means embracing the future and reaping the rewards of a digitally empowered urban environment.

Residential Plots: Your Gateway to Prosperity in Dholera

Secure Your Piece of Paradise

Tatvam Realty Pvt. Ltd. offers a wide range of residential plots in Dholera SIR, ensuring that you find the perfect canvas to build your dream home or investment property. With clear land titles, reliable documentation, and a customer-centric approach, we provide a seamless buying experience for our esteemed clients.

Amenities and Facilities

Our residential plots are strategically located in well-planned sectors of Dholera, offering proximity to schools, hospitals, shopping centers, and recreational spaces. Enjoy a harmonious lifestyle amidst lush green surroundings, world-class amenities, and a thriving community.

Investment Potential

Investing in residential plots in Dholera SIR presents a lucrative opportunity for capital appreciation and rental income. As the city develops and demand grows, your investment is poised to appreciate significantly, providing long-term financial security and wealth creation.

Why Choose Tatvam Realty Pvt. Ltd.?

Expertise and Experience

With years of experience in the Dholera real estate market, Tatvam Realty Pvt. Ltd. possesses an in-depth understanding of the region's dynamics, investment trends, and regulatory frameworks. We leverage this expertise to guide our clients towards the most profitable investment decisions.

Transparent and Ethical Practices

At Tatvam Realty Pvt. Ltd., transparency and ethical business practices are at the core of our operations. We prioritize building trust with our clients by providing accurate information, facilitating due diligence, and ensuring complete transparency in every transaction.

Dedicated Customer Support

Our team of dedicated professionals is committed to providing exceptional customer service at every stage of your real estate journey. From initial inquiries to post-sales support, we are here to address your concerns and assist you in achieving your investment goals.

Wrap up

investing in Dholera SIR through Tatvam Realty Pvt. Ltd. opens up a world of endless possibilities and lucrative returns. With its strategic location, state-of-the-art infrastructure, and smart city status, Dholera stands at the forefront of Gujarat's economic growth and offers a promising investment landscape.

Dholera's strategic location provides excellent connectivity and accessibility to major transportation hubs, allowing businesses to thrive and investors to tap into domestic and international markets effortlessly. The robust infrastructure in place ensures seamless operations, while the integration of advanced technologies positions Dholera as a smart city of the future, embracing innovation and efficiency.

take the leap and seize the unparalleled investment opportunities that Dholera SIR offers. Partner with Tatvam Realty Pvt. Ltd. to unlock the potential of this futuristic smart city and embark on a path to prosperity and success.

Contact us 7575006002 today and let us assist you in making sound investment decisions that will yield fruitful rewards in Dholera SIR.

Remember, the future of real estate investment is here, and it's in Dholera!!!

[jkrapid20]

Trusted Packers and Movers in Vadodara: Making Relocation Hassle-free

Moving to a new place can be an exciting yet challenging experience. The process of packing up your belongings and transporting them safely to your new home requires meticulous planning and execution. This is where trusted packers and movers come into the picture. In Vadodara, a bustling city in Gujarat, finding reliable packers and movers can make your relocation a smooth and hassle-free experience. In this blog post, we will explore the benefits of hiring trusted packers and movers and address some frequently asked questions (FAQs) to help you make an informed decision.

Benefits of Hiring Trusted Packers and Movers:

Professional Expertise: Trusted packers and movers in Vadodara possess the necessary skills and expertise to handle the entire moving process efficiently. They are trained to pack fragile items securely, disassemble and reassemble furniture, and handle bulky goods with utmost care. Their experience ensures that your belongings reach the destination safely.

Time-saving: Relocating involves various tasks that demand significant time and effort. By hiring trusted packers and movers, you can save valuable time and focus on other essential aspects of the move. The professionals take care of packing, loading, transportation, unloading, and unpacking, allowing you to settle into your new home quickly.

Packing Supplies and Equipment: Packers and movers provide all the necessary packing supplies and equipment needed for a successful move. They use high-quality packing materials, such as sturdy boxes, bubble wrap, packing paper, and protective covers. Moreover, they possess the right tools and equipment to handle heavy furniture and appliances with ease.

Insurance Coverage: Trusted packers and movers offer insurance coverage for your belongings during transit. This ensures that you are financially protected in case of any unforeseen accidents or damages. Prioritize companies that provide comprehensive insurance options to give you peace of mind throughout the relocation process.

Customized Services: Packers and movers understand that every relocation is unique, and your requirements may differ from others. They offer personalized services tailored to your specific needs. Whether you are moving locally within Vadodara or relocating to a different city, trusted packers and movers will provide customized solutions that cater to your preferences.

FAQs:

Q1: How do I find trusted packers and movers in Vadodara?

A: To find trusted packers and movers in Vadodara, you can ask for recommendations from friends, family, or colleagues who have previously availed such services. Additionally, you can research online and read customer reviews and ratings to assess the reputation and reliability of different companies.

Q2: What factors should I consider while choosing packers and movers?

A: When selecting packers and movers, consider factors such as their experience in the industry, licensing and certification, insurance coverage, range of services offered, and transparency in pricing. It is also advisable to request quotes from multiple companies to compare prices and make an informed decision.

Q3: How much does hiring packers and movers cost in Vadodara?

A: The cost of hiring packers and movers in Vadodara depends on several factors, including the distance, volume of goods, complexity of the move, and additional services required. It is recommended to request detailed quotations from different companies and choose the one that offers a reasonable price without compromising on quality.

Q4: How early should I book packers and movers for my relocation?

A: It is advisable to book packers and movers as soon as you finalize your moving date. Last-minute bookings may result in limited availability or higher prices. Booking in advance allows you to secure the services of trusted professionals and plan your move effectively.

Conclusion:

Trusted packers and movers play a vital role in ensuring a smooth and hassle-free relocation experience in Vadodara. Their professional expertise, time-saving services, and customized solutions make them invaluable partners during the moving process. By understanding the benefits they offer and considering the FAQs addressed in this blog post, you can make an informed decision when hiring packers and movers for your upcoming move in Vadodara.

[onlinechartered01]

How RERA Project Registration Promotes Transparency in the Real Estate Sector

The Real Estate (Regulation and Development) Act, 2016 (RERA) was enacted to regulate the real estate sector in India and promote transparency, accountability, and efficiency in the industry. The act requires all real estate projects to be registered with the regulatory authority and mandates developers to disclose all relevant information to buyers. In this blog post, we will discuss the importance of RERA project registration and its benefits, with a specific focus on RERA Gujarat and RERA Surat.

RERA Gujarat and RERA Surat:

An Overview

RERA Gujarat is the regulatory authority for the state of Gujarat, responsible for implementing and enforcing RERA guidelines in the state of Gujarat.

RERA Registration Process for Agents and Developers

All real estate agents and developers are required to register with RERA Gujarat. The registration process involves submitting various documents, including project details, land title, approvals, and financial statements, among others. The regulatory authority verifies these documents and grants registration only after ensuring compliance with RERA guidelines.

RERA Registration Documents

The following documents are required for RERA registration:

·  Land title and ownership documents

·  Building plan approval

·  Commencement certificate

· Project details, including details of the developer, project timeline, and financial statements

· Details of the bank account

· Certificates from project engineers and project architect

RERA Quarterly Return due Date and Quarterly Update

Developers and agents are required to submit quarterly updates on the status of their projects such as % of completion of project, cost incurred till date and booking amount received for the project and so on. The promoter is required to deposit the booking amount received into the bank account of project. The due date for submitting quarterly returns is 7th of the month following the end of the quarter.

Benefits of RERA Project Registration

RERA project registration promotes transparency, accountability, and efficiency in the real estate sector. Here are some of the key benefits of RERA registration:

· More Transparency: As part of the RERA registration process, developers are obligated to provide buyers with all pertinent information, including project timetables, land titles, and financial. This encourages transparency in the real estate industry and helps to increase buyer confidence and trust.

· Protection of Buyer Interests: RERA requires developers to place a specific proportion of the project's cost in bank account, preventing the use of purchasers' funds for unrelated ventures. This safeguards the interests of buyers by holding developers responsible for the prompt completion of projects.

· Accountability and compliance are ensured by RERA registration, which confirms that developers and agents adhere to the regulator's guidelines. Punishments in the form of penalties and legal action for non-compliance encourage responsibility in the real estate industry.

· Better Conflict Resolution: RERA offers a process for addressing conflicts between purchasers and developers, minimizing the load on the courts and resolving conflicts swiftly and effectively.

Conclusion

In conclusion, RERA project registration is crucial for promoting responsibility, transparency, and effectiveness in the real estate sector. Real estate agents and developers must abide by RERA rules to guarantee a fair and open real estate market. RERA encourages accountability and transparency among sellers and buyers, which is assisting India's real estate sector in flourishing.

[angfinverse]

Wealth Management Advisors in Ahmedabad

If you are looking for experienced Wealth Management Advisors in Ahmedabad then ANG Finverse is a reputable Financial Advisory Firm and Wealth Management Company in Gujarat. We, ANG Finverse, is among the most reputable companies providing a wide range of robust planning and investment solutions to clients in Gujarat and other regions of India.

ANG Finverse is top-rated wealth management, portfolio management, mutual fund services, equity investment, and insurance consulting firm based in Ahmedabad, Gujarat. The company has a rich history dating back more than 2 decades.

The company is the brainchild of the innovative entrepreneur Mr. Cyrus Aspi Gandhi. The origin of the firm can be dated back to 2000. It was formally incorporated in 2017.

About Us

Mr. Cyrus Aspi Gandhi has a B. Tech degree in Mechanical Engineering. He went to the prestigious Queen Mary University of London to obtain MSc. in Investment and Finance. Mr. Gandhi was brought up in an elite family of stock brokers, investment consultants, and chartered accountants. From a young age, he has always had a keen eye for numbers. He loves innovations and has the expertise to quickly grasp the dynamics of any investment. Mr. Gandhi also serves as an active investment consultant for M/S A.N. Gandhi.

He dreamt big and thus established ANG Finverse which has fast become a well-equipped company backing high-value investments through full-proof consulting services. The talented and experienced team at ANG Finverse has all the requisite skills to mitigate risk in any market conditions. The company smartly adapts to market changes, giving no hassles to the investors.

Mr. Gandhi has a prolific experience in the field of planning and investment for more than 5 years. He forms the backbone of the company.

He believes in the constant evolution of strategies, in terms of management and financial approach. The strategies that had worked a couple of years ago can seem ineffective currently. We leave no stones unturned in altering our policies to accurately suit the demands of our customers and the current market needs, within a regulatory framework.

We expertise in constantly beating market and benchmark returns. As top professionals in the industry, we constantly create more value for the investors, investing in specific domains.

In recent years, we have been successful in gaining considerable goodwill in the market, especially in the Ahmedabad investment circuit. We prioritize the interests of our clients and it has always been that way. We believe in long-term business relations and mutual trust.

[kifstradecapital]

The Investment in Health Pays the Best Interest

Today on the occasion of International Yoga Day we bring you some very important and useful information about yoga. Before we go in much detail, let us first get some basics right.

 Yoga is derived from the Sanskrit word yuj, which means to yoke, join or unite. Its principles are to integrate all aspects of the body with the mind and soul to achieve ultimate happiness with a balanced life and good health. Yoga is an ancient practice for living healthily that combines physical and spiritual disciplines that connect the body and mind. It originated in India more than 5,000 years ago.

 There are amazing health benefits when you practice yoga some of them are mentioned here. Yoga Improves your flexibility, Builds muscle strength, Perfects your posture, Prevents cartilage and joint breakdown, Protects your spine, Betters your bone health, Increases your blood flow, Drains your lymph and boosts immunity, Ups your heart rate, Drops your blood pressure, Regulates your adrenal glands, Makes you happier, Founds a healthy lifestyle, Lowers blood sugar, Helps you focus, Relaxes your system, Improves your balance, Maintains your nervous system, Releases tension in your limbs, Helps you sleep deeper, Boosts your immune system functionality, Gives your lungs room to breathe, Prevents IBS and other digestive problems, Gives you peace of mind, Increases your self-esteem, It eases your pain, Gives you inner strength, Keeps allergies and viruses at bay, Encourages self care. When done with the guidance of an expert yoga can bring wholistic changes to your physical health, mental health and helps you with enriching relationships.

 Yoga & Chakras:

In traditional Indian medicine and spiritual science, the physical body is more than merely bones, muscles, and organs encased in skin. Instead, it includes layers of energy fields that surround the physical body. These interconnected metaphysical layers create the body’s electromagnetic field, also known as its aura. This is what’s known as the subtle body, also referred to as the “light body,” “etheric body,” or “spiritual body.”

 In yoga, the life force energy (otherwise known as “prana”) travels through the subtle body in a series of channels, called “nadis.” These nadis intersect at points of intensified energy, called “chakras.” Chakras are spinning vortexes of energy in the subtle body that correspond to various glands along the spine and inside the skull. According to yoga philosophy, the human body has seven major chakras. Each chakra governs specific behaviors and values in our lives, such as material security, communication, and love. They also regulate various bodily systems. When the nadis get blocked because of poor habits and old patterns, the chakras stagnate. This causes the life force to become sluggish, which can lead to depleted physical, mental, and emotional health. Practicing yoga purifies and revitalizes the nadis and chakras, and allows prana to once again flow freely.

 Yoga is one of the most basic ways to balance each chakra because it creates alignment in the physical body. Balancing and stabilizing your physical body through asana (yoga posture) practice also rebalances your subtle body. This realigns the chakras, which regulate specific behaviors, and makes it easier to overcome outdated patterns, beliefs, and habits.

 Let us pledge to nurture and take care of our health by investing our time, focus and energy in the practice of YOGA.

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How Indian companies are helping to tackle coronavirus

The coronavirus is spreading all over the world exponentially for its lethal nature and lack of cure. Coronavirus has been declared pandemic and the situations in India are alarming. Govt of India has called for lockdown for 21 days and it seems the lockdown will be extended again for 2 weeks. While the govt is taking several steps to ensure the safety of citizens, and also launched the PM CARES, Fund. Private companies are also stepping forward to help the country in every possible manner. It's not only about raising the fund, but it is also to ensure that each and every citizen gets help who is facing difficulty. Pvt sector in India is playing an important role to fight COVID-19 even though there has been a significant impact on the economy including economic slowdown, trade, supply chain disruption, commodities, and logistics. WIPRO: When it comes to philanthropic activity, Mr Azim Premji always comes forward. Wipro through their social arm AZIM PREMJI FOUNDATION has committed rs 1125 cr to tackle coronavirus. Wipro also donated Rs 4 cr to Telangana state govt for medical equipment. Wipro Bengaluru has opened their office kitchen to cook and feeb about 40000 migrant workers who cannot go back to their homes. Truly, Mr AZIM PREMJI sets an example and always inspires. RELIANCE INDIA: Reliance Foundation has pledged for Rs 500 Cr to tackle coronavirus. They had also set up India's first dedicated hospital to tackle coronavirus. Will provide free meals to people across various cities in partnership with NGOs to offer necessary livelihood relief in the current crisis situation. Providing masks for workers and caregivers. Free fuel across the country for certified emergency response vehicles Apart from the above two companies, there are many who are still contributing in every other way to combat the virus, the list goes on. Shri Mukesh Ambani says "We are confident that India will conquer the coronavirus sooner rather than later. The entire Reliance Industries Limited team is with the nation in this hour of crisis and will do everything to win this battle against Covid-19" TATA: Tata Trusts has pledged Rs 500crore for PM CARE to fight against coronavirus. Ratan Tata of TATA industries says "This is the worst crisis we have faced, and we must fight this with a spirit of solidarity, resolve empathy and understanding. We must unite to win the battle against COVID-19". Apart from donation, Tata Chemicals started supplying disinfectants of 1 million litres for spraying in Gujarat and 300thousand litres of disinfectant to BMC Mumbai. Started making hand sanitizers using WHO-recommended Ethyl alcohol(96% purity) and started supplying in Gujarat and Maharashtra. Making quality face masks with the help of SHG members. TCS partners with CSIR to find the cure for Coronavirus Aditya Birla Group: Aditya Birla group has been engaging in philanthropic activities from decades. "Given the severity of the disruption, there is a compelling need for a multi-pronged response that includes financial and material support, healthcare assistance and community responsibility," says Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and Rural Development, said. Aditya Birla Group has contributed Rs 400 Cr to PM CARE fund. To set up a 100bed hospital in Mumbai specially to tackle coronavirus. Allocated 50 cr to FICCI-Aditya Birla CSR Centre for Excellence to tackle coronavirus. Allocated 50 cr for manufacturing of 1 million N95 masks, 2,80,000 personal protective equipment (PPE), as well as ventilators. Commenced manufacturing of 1 lakh coverall garments with the help of ministry of textiles. Installed awareness camps across 200 locations and door-to-door campaign spreading message of social distancing. FedEx India: Even in these tough situations, the staff of FedEx are working against the odds to deliver extremely critical COVID packages. FedEx twitter page says "We continue to operate flights to and from India, to connect essential medical shipments and support the communities we serve." L&T: L&T has pledged Rs 150 cr to PM CARE fund. SN Subrahmanyan, CEO and MD, L&T, said in his address to the employees, "We employ a huge amount of contract labour who are totally dependent on us for their daily livelihood. It is important for us to protect them at this point of time from the vagaries of work and to ensure that daily needs are provided at both, the essential worksites and their place of stay," he said. Plans to convert the company's buildings into the hospital which can accommodate up to 100  beds for treatment with state of the art facilities. Patanjali: Patanjali has announced a donation of Rs 25 crore towards the PM-CARES fund. Baba Ramdev has said he will also give the premises of two of his institutions in Haridwar and his ashrams in Kolkata, Modinagar (Uttar Pradesh) and Solan (Himachal Pradesh) for the treatment of coronavirus patients and 1,500 suspects can be kept in isolation at these facilities together and food will be provided by Patanjali at these places. Apart from donation, Patanjali has donated a Real-Time Polymerase Chain Reaction (RT-PCR) machine for COVID-19 tests to Government Medical College (GMC) in Nainital. If I continue further, it will be an endless list. Many companies have also contributed a one day salary of their employees. MSME's are playing their part in fighting this pandemic. In the end, what it matters is that we fight this pandemic as a united force and emerge victoriously.

[jhulelalhospital]

Cheap Knee Surgery in Bharuch: Affordable Solutions at Jhulelal Hospital for Restoring Mobility

Looking for cheap knee surgery in Bharuch? Look no further than Jhulelal Hospital, where we offer affordable solutions for knee ailments, ensuring quality care without breaking the bank. Our experienced team of orthopedic surgeons specializes in providing cost-effective knee surgeries tailored to meet your needs. Whether it's addressing issues like osteoarthritis, ligament tears, or other knee conditions, we prioritize restoring your mobility and improving your quality of life.

At Jhulelal Hospital in Bharuch, we understand the importance of affordable healthcare, particularly for treatments like Cheap Knee Surgery in Bharuch. Our mission is to provide accessible and cost-effective solutions to address a wide range of orthopedic issues, including knee ailments. With a dedicated team of skilled orthopedic surgeons and modern infrastructure, we offer comprehensive diagnostic evaluations and personalized treatment plans tailored to each patient's needs.

When it comes to knee surgery, our approach is two-fold: effectiveness and affordability. We utilize advanced surgical techniques and state-of-the-art equipment to ensure optimal outcomes for our patients. From arthroscopic procedures for minor knee injuries to total knee replacement for severe osteoarthritis, we cover a spectrum of surgical interventions with precision and care.

What sets us apart is our commitment to keeping healthcare costs within reach without compromising on quality. We believe that everyone deserves access to high-quality medical care, regardless of their financial status. By offering Cheap Knee Surgery in Bharuch, we aim to alleviate the financial burden associated with orthopedic treatments, allowing our patients to focus on their recovery without added stress.

Moreover, at Jhulelal Hospital, we prioritize transparency in pricing and strive to minimize unnecessary expenses wherever possible. Our team works closely with patients to discuss treatment options, associated costs, and available financial assistance programs, ensuring full clarity throughout the healthcare journey.

So, if you're in need of Cheap Knee Surgery in Bharuch but concerned about the expenses, turn to Jhulelal Hospital for reliable and affordable solutions. Regain your mobility, alleviate pain, and improve your quality of life without breaking the bank. Experience compassionate care and superior outcomes at prices you can afford.

Address: R.K. Avenue zadeshwar shukaltirth road, Zadeshwar  chokdi,Bharuch-392011,Gujarat

Call: 7359118800

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[jyotifestpost]

Khatabook posts over Rs 1.8 trn monthly transactions across its platforms

Fintech firm Khatabook said it has achieved a milestone of over Rs 1.8 trillion monthly recorded transactions across its platform – Khatabook, Cashbook, and BizAnalyst. Founded in January 2019, Khatabook claims it has 10 million monthly active merchant users, managing more than 344 million customers on its platforms. Khatabook is India's fastest growing SaaS (software-as-a-service) company that enables micro, small and medium businesses to increase efficiency and profitability through safe and secure digital solutions.

“(The year) 2021 has been a crucial year in Khatabook’s journey. Besides our continued growth momentum, we made several important long-term strategic decisions for business and building our talent base,” said Ravish Naresh, CEO, and co-founder, Khatabook. “This milestone showcases our commitment to the empowerment of MSMEs in India. 2022 is going to be an exciting year for the MSME ecosystem.”

Amid the growing demand for technology solutions by Indian MSMEs (micro, small and medium enterprises), Khatabook has experienced exponential growth in its 3-year journey. In the past 3 years, the Khatabook platform has penetrated the grassroots of India and has a user base spread across nearly every district in the country. Khatabook is available in 13 regional languages and close to 25 per cent of users on Khatabook are using the app in their preferred regional language. Significant growth in user base, over 50 per cent month-on-month on Khatabook platform, remains organic, indicating the trust in the brand and Indian MSMEs strong inclination towards digital adoption. Maharashtra, Rajasthan, Delhi, Uttar Pradesh and Gujarat were the top 5 user base growth states for Khatabook in 2021.

Acquired in March 2021, Biz Analyst by Khatabook has touched over 100,000 paying customers in 2021. Biz Analyst is uniquely positioned to provide end-to-end real-time business intelligence and decision-making capabilities to SMEs, including business insights based on the app’s integration with tally software of SMEs.

Cashbook by Khatabook, an expense management tool, has crossed over 1.8 million installs in 2021. Available in 15 languages, Cashbook is an exclusive android app for those who want to leverage only the expense management functionality. Cashbook is also available as a feature within the Khatabook app.

Last year, Khatabook, closed a $100 million Series C funding round, with a valuation close to $600 million. It also executed its first ESOP (employee stock ownership plan) buyback of $10 million, reached the organisation size of over 320 employees. To effectively support MSMEs, Khatabook made strides with its product offerings in 2021 by acquiring Biz Analyst, launching an exclusive Cashbook app, introducing Automated bot call reminders, the first-ever IVR tech exclusively designed for Indian MSMEs. For 2022, the focus for the startup will be financial service disbursement through its tech platforms while it continues strengthening its overall tech offerings portfolio for MSMEs.

[amitbwadhwani]

Whither RERA? Three years on, rough edges need ironing out

The Real Estate Regulatory Authority (RERA) was brought in to crack the whip on dodgy builders taking unsuspecting homebuyers for a ride. The results are mixed

In March, 2016, Parliament voted into law the Real Estate (Regulation and Development) Act—RERA—a legislation that held out the promise of placing consumers at the center of a new rules-based framework for India’s property market.

RERA, midwifed by two governments—UPA II and the NDA II—between 2009 and the 2016, was necessitated by the growing misery of tens of thousands of harried homebuyers.

Unsuspecting individual customers often complained about getting the short end of the stick, as many builders, some dodgy and some reputed,  exploited regulatory gaps by not delivering promised apartments on time or reneging on size and quality, or sometimes, simply vanishing after collecting funds.

RERA’s primary purpose, apart from defining rules, was to build trust among buyers and builders in a market where opaque deals thriving in grey payment systems operating outside the legitimate financial system had become commonplace.

For instance, customers would often find that the actual size of an apartment would be about 30% smaller than what was originally promised. The reason: “super built up area”, an arbitrary concept that builders used to charge customers for shared spaces such as common passage area, stairs and other areas.

Fund diversion had become a rampant practice in the realty sector. Many builders, large and small, would collect money from consumers for apartments, a part of which would then be channeled to buy land for another project. The net effect: never-ending project delays. This was going on without any checks and balances, and builders had developed the `consumers- be-damned’ attitude. For the banking sector too lending to realty projects became a risky proposition, as project delays resulted in mounting loan defaults.

RERA was brought in to address these.  Three years later, experts reckon, the results, at best, are mixed.

RERA RULES

Under RERA, builders are required to disclose details of “carpet area”, which is the actual apartment’s size, design, structure, layout, time of completion and other project specifications well in advance.

The rules make it mandatory for any project exceeding 500 square metres with eight or more apartments to register with a state’s real estate regulatory authority (RERA) before launching or even advertising a housing scheme.

Also read: Where’s my house? NCR’s Notorious Construction Record

Registration of real estate agents or brokers have also been made mandatory with clear responsibilities and functions. The punitive provisions include de-registration of the project. If the builder defaults on promises made at the time of the launch, the buyer can approach consumer fora in case of disputes with real estate developers. The penal measures were aimed at serving as a deterrent for builders to short change customers and ensure timely project delivery.

It is also now mandatory for builders to park 70% of funds collected from buyers in an escrow account, implying that these funds can only be withdrawn for the specific project for which these were collected.

Under the central law, each state was required to set up its own RERA that can draw upon central rules applicable in union territories.

Maharashtra was the first off the block with MahaRera in May 2017, with other states soon following suit with their own institutions.

MORE THAN A REGISTERING BODY

RERA’s role is not limited to just as a registering agency for realty projects, but was designed to evolve into a body empowered to even complete stuck projects or even allow buyers’ groups to take over unfinished projects.

Three years later, experts say, RERA’s record on this front remains below par. The RERA Act’s Section 8 empowers the authority, buyers’ association or an appropriate government organisation to execute unfinished projects, but arranging funds and buyers’ cooperation remain a critical challenge.

The Amrapali Group, which has unfinished projects peppered across Noida and Greater Noida, is a case in point. The Supreme Court, which which is hearing a batch of pleas of 42,000 home buyers against the embattled group for failing to give the possession of flats, had asked the Noida and Greater Noida Authorities whether they will be able to complete the projects. The authorities responded that they did not have the capability to handle projects of such big scale, but suggested that perhaps UP RERA could take these up.

“While it (UP RERA) certainly cannot complete projects by itself, it can find appropriate solutions by approaching competent authorities or even appoint a project management consultant to finish these,” said Kumar Mihir, lawyer, representing Amrapali homebuyers.

LEAKING ESCROW

Sound as it may appear on paper, in practice, however, too many instances of leaks in builders’ escrow accounts have come to light.

“The problem in most cases has arisen not because of shortage of funds but because monies collected from homebuyers have been siphoned off. This is because builders have exploited gaps in RERA rules of some states. For instance, the Uttar Pradesh RERA rules do not mandate parking funds in an escrow account for projects that started before May 1, 2017. Had it applied to all ongoing projects before May 1, 2017 the funding for most of the incomplete RERA projects would have been sorted,” said a lawyer who did not wish to be identified.

The RERA rules framed for the union territories had categorically stated that promoters of ongoing projects are required to set aside 70% of funds collected for specific project in a separate escrow account.

Some states such as Uttarakhand, Orissa and Bihar have adopted the central RERA rules. Maharashtra and Gujarat rules stipulate that only 70 percent of funds collected in the future, after May 01, 2017, have to be kept aside in an escrow account. The Uttar Pradesh RERA rules are silent, which builders have taken advantage of to siphon off funds.

BUYERS AS BUILDERS

Exasperated buyers are now beginning to come forward to turn builders themselves. RERA rules allow this and the few cases, if successfully tested, can well serve as the proof of concept for this model.

The Maharashtra real estate regulator has already come with a standard operating procedure (SOP) that allowed homebuyers to remove a developer in case the project is not completed on time.

The SOP allows a homebuyers’ association that enjoys the backing of at least 51 percent of its members to remove the developer from a much-delayed project. It even empowers the association to even cancel the developer’s registration under the MahaRERA Act.

Last year, the UP RERA decided to consider a proposal by defrauded homebuyers to take over and complete a project in Noida that had been delayed by several years.

“Prima facie, this appears to be an excellent move and will also set a very good precedent. But, it is also very important to know (a) how the project will be funded and (b) if the builder has taken more money than what work has been done by him and how RERA plans to recover the excess money from him,” said Abhay Upadhyay, President, Forum For People's Collective Efforts.

Experts, however, sounded a caveat. Authorities taking over incomplete projects should be an exception, rather than a norm because under RERA a builder should adhere to the rules, with strict penalties for violation. Also, it may be difficult for RERA to undertake a project from scratch.

“Doing something from scratch is very difficult. We will not advise it. It all depends on the size of the project and should be taken up on a case-to-case basis. It is not something that can be applied across the board,” said a lawyer who did not wish to be identified.

CRISIS OF CONFIDENCE

RERA’s institutionalisation was predicated upon customer centricity. The state bodies were expected to play the role of a strict referee that would instill the fear of law among deceitful builders.

Three years later, customers say, the job remains half done. The two main issues that homebuyers face today are to do with lack of confidence about execution of RERA orders by realty companies, and multiple forums for grievance redressal.

A mere RERA registration does not guarantee that a project will be delivered on time. An under-construction project, therefore, continues to remain a risky bet despite RERA.

“This is because RERA authorities are not taking proactive steps to ensure that all provisions are being complied with by the builder, nor are they monitoring the progress of the projects. They should ensure that projects are granted extension only under exceptional circumstances”, said Upadhyay, president of Fight for RERA, an umbrella body of homebuyers.

There are also instances where realty companies have given different timelines to homebuyers and the authority. “A builder cannot change timelines. At best, he can only ask for a one year extension from the regulatory authority.  If the builder changes timelines he is liabile to pay penalty. Authorities should be on their toes to address the issue,” said lawyer quoted earlier.

What is needed are speedier clearances and cutting down of bureaucratic red tape.

“The government should expedite a single window clearance mechanism for the real estate sector. The clearance and approval process for residential real estate projects has been an impediment for a long time. After RERA was launched, it became all the more important to facilitate smooth clearances and approvals so that there are no execution delays due to procedural hindrances,” said Amit Ruparel, managing director, Ruparel Realty.

Most contracts with homebuyers were changed after RERA came into effect from May 1, 2017. This has complicated timeline commitments.

“For most projects those timelines are almost ending. It is for RERA authorities to now start mapping those projects to see if there are delays and to start sending out show cause notices to developers. RERA’s job is not merely to register a project but also to map the projects and ensure that their timelines are being met,” said the lawyer who did not wish to be identified.

That said, the process is evolving in the right direction, albeit slowly, expert said.

“Things are changing for the better. Generally, players are far more accountable and cannot easily get away with breaking the RERA rules. While the redressal of complaints is not satisfactory for many, consumers are coming forward in large numbers to register complaints across states. The Wild West days of Indian real estate are definitely over”, says Anuj Puri, chairman, ANAROCK Property Consultants.

Project and real estate agent registrations have been rising steadily. For instance, in Andhra Pradesh as many as 307 projects were registered under RERA as on date, a five-fold increase from 61 in November 2018.

Maharashtra is currently the most active state having the highest project registrations with more than 20,718 projects under MahaRERA so far, and nearly 19,699 RERA-registered real estate agents.

Project registration in Karnataka currently stands at 2530 projects and 1342 RERA-registered real estate agents, says data shared by ANAROCK.

Gujarat has 5,317 RERA-registered projects and 899 registered agents and agencies.

“RERA, accompanied by reduced GST rates, has helped in bringing back consumer confidence and the trust factor which the industry lacked,” said Rahul Grover, president, Sales and Operations at Sai Estate Consultants.

This article was originally published in English www.moneycontrol.com

All rights reserved. Any act of copying, reproducing, or distributing this newsletter whether wholly or in part, for any purpose without the permission of Amit B Wadhwani is strictly prohibited and shall be deemed to be copyright infringement.

[refreshmint1]

A STOCKBROKER, WHO AT 65 STARTED A FRANCHISE WHICH MOST INDIANS KNOW TODAY

The Original HDFCH T Parekh (HTP)

Hasmukh Thakordas Parekh was a Gujarati Jain who started his working life as a lecturer at St. Xavier’s College in Bombay. But, like most other folks from his community, he will soon get attracted to Equity Market. After three years of teaching others to make a better living, he began his financial career with one of the biggest brokers in Bombay in those times, Harkisandass Lukhmidass. This is where he will draft his first proposal for a housing finance company for them in 1951. In 1953 he brought out a volume called: The Bombay Money Market which detailed the intricate working of the Indian money market. But, then he will leave India for his studies at the London School of Economics(LSE).

Post that, on his arrival, he will join the Industrial Credit and Investment Corporation of India (ICICI) and was its Chairman (1972) till his retirement. At the same time, he will argue for public-private partnerships in financial institutions and will again push for affordable financial support for basic needs such as housing. Alongside he was also the key member of Sameeksha Trust, that was running the Economic Weekly magazine (today’s EPW)

He was the advisor to the LIC during the Haridas Mundhra scandal and knew the financial markets inside out. During the Harshad Mehta Scam, he plays a key role in pushing Stanchart Chartered to file an FIR against Bhupen Dalal.

Pioneer in Housing Finance

At ICICI he made another proposal for a housing finance company – this time, for Bank of Baroda to set up a subsidiary for housing finance-and sent it for the finance ministry’s consideration in 1973. But, no one was interested.

He retired from ICICI in December 1975, at the age of 65. Now, he started focusing on his dream project of Housing Finance in India. By March 1977, the Janata government had replaced the Congress government. Parekh went to New Delhi to meet H.M. Patel, then Finance Minister. He told Mr. Patel about his plan and also said that he had come to him not for any financial help but for the new government’s support, in principle. Patel told Parekh, ‘What are you waiting for, go ahead, it is an excellent idea”. Housing Development Finance Corporation Limited (HDFC) was registered as a company on October 17 and H.M.

The Board of Directors of ICICI had agreed to back the project by taking up ₹50 lakhs of equity, i.e. 5% of the proposed capital. Mukhtar Munjee will convince Aga Khan to be their investor. He will also ask his son Nasser Munjee to join this budding institution as the first set of employees.

HTP formally launched HDFC on October 22, 1977, (Dussehra day) in Bombay, with Mr Patel as the Chief Guest and with an initial capital of 10 crores.

Deepak Parekh

In May 1978, HDFC will have their public issues. Within a year, HTP called upon his nephew who was then in his late thirties and was working with Chase Manhattan Bank in Saudi Arabia. told his nephew: ‘We are doing something new, why don’t you join us instead of running all over the world?’ Deepak joined as the Deputy General Manager in November 1978. When Deepak Parekh joined HDFC, he had to take a 50 percent salary cut.

But Banking was in his blood, Central Bank of India would hire Deepak’s grandfather as their first employee. His father, too, was an employee of the Central Bank of India and retired as its deputy managing director.

The other Deepak

Deepak Satwalekar, a B.Tech from IIT Bombay will join in 1981. He came from a family of artists. His grandfather was a famous painter and his father, Madhav Satwalekar was the Director of Art, Government of Maharashtra for many years. Madhavji painted H.T. Parekh’s portrait that hangs today at the Indian Merchants’ Chamber.

HDFC-Powerhouse in Making

For years, HDFC relied on wholesale money that came from international agencies to fund its retail loans. It had no competition. Till the late 1980s, it governed 100 % of the housing loan business.

HDFC floated two more ventures in 1986-87. Gujarat Rural Housing Finance Corporation (GRUH), set up jointly with IFC, Washington, and the Aga Khan, will operate only in Gujarat, for acquisition or upgrading of residential loans in small towns and rural areas.

By 1987, their disbursements reached Rs 175.52 crore, registering increases of 20 % (yes the same 20%, with which we all associate HDFC Bank today). Within a year they started doing a few new innovations in the Indian market.

Three new products launched during the earlier years, the Step-Up Repayment Facility (SURF), Telescopic Loans (TLP), and Short Term Bridging Loans (STBL).

SURF offers an option where the repayment schedule is linked to the expected growth in your income. Soon it accounted for a 21% share of total loan approvals during the following year.

HDFC has been like its sister concern HDFC bank phenomenal wealth creator.

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