#Rohit Poddar

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ये रिश्ता क्या कहलाता में नई एंट्री के बाद होगा Fantastic धमाका, Ultimate रूही के पैरों तले खिसकेगी जमीन !

ये रिश्ता क्या कहलाता है ‘ये रिश्ता क्या कहलाता है’ का अपकमिंग एपिसोड जबरदस्त होने वाला है क्योंकि शो में रूही का पति रोहित कमबैक करने वाला है। समृद्धि शुक्ला और रोहित पुरोहित के इस हिट रोमांटिक शो में रोमांस, ड्रामा के साथ-साथ खूब इमोशनल नाटक भी देखने को मिलने वाला है। वहीं राजन शाही के शो में किसी बड़े धमाके की उम्मीद की जा रही है। एक ओर जहां समृद्धि शुक्ला उर्फ ​​अभिरा पोद्दार हाउस छोड़ने जा…

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YRKKH Written Update August 10, 2024: Will The Big Dice Decision Change Everything?

YRKKH Written Update August 10, 2024: Will The Big Dice Decision Change Everything? Highlights – Ruhi manipulates situations to keep Rohit and Abhira away. Dadi and Sanjay conspire to stop Abhira from taking control. Armaan apologizes to Abhira, while Ruhi plays the victim. Dadi decides to make Rohit the head of the Poddar company. Rohit sets a condition: he will run the company only if Armaan…

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YRKKH Written Update 10 August 2024: Will Dadi's Big Decision Change Everything?

Main Highlights – Ruhi manipulates the situation to keep Rohit and Abhira away. Dadi and Sanjay plan to prevent Abhira from gaining control. Armaan apologizes to Abhira, while Ruhi becomes the victim. Dadi decided to make Rohit the head of the Poddar firm. Rohit sets a condition: he will head the company only if Armaan and Abhira get married. The family is divided into proposed…

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Yeh Rishta Kya Kehlata Hai Written Update 30th October 2024 - Poddar's decided to break the Relation

Welcome to the Yeh Rishta Kya Kehlata Hai Written Update 30th October 2024, Today's episode starts with Neeraj's mother giving Mala Shagun's coconut and Ginni to everyone, then Rohit asks Ruhi why Charu hasn't come yet, Ruhi says how would I know, then Armaan and Abhira bring Charu, Armaan hits Neeraj on the head with a coconut, seeing this everyone is shocked, and Neeraj's father says how dare you raise your hand on my son, Read More...

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Rohit Purohit Marks 5 Months as Armaan Poddar on 'Yeh Rishta Kya Kehlata Hai': A Tale of Love and Challenges [vid_date]

Rohit Purohit Marks 5 Months as Armaan Poddar on ‘Yeh Rishta Kya Kehlata Hai’: A Tale of Love and Challenges [vid_date] Rohit Purohit Celebrates 5 Months as Armaan Poddar on ‘Yeh Rishta Kya Kehlata Hai’: A Journey of Love and Challenges Yeh Rishta Kya Kehlata Hai has consistently been a strong performer on the ratings charts, captivating its loyal audience with an ever-evolving storyline filled…

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YRKKH 10th August 2024 Written Update Wedding plea

YRKKH 10th August 2024 Written Update Wedding plea. Ruhi wants revenge on Abhira. She ignites a rivalry between Rohit and Armaan. She misleads both of them. She wants to throw out Abhira from Armaan’s life. Kaveri is also against Abhira. She supports Rohit. Abhira tells Ruhi that she knows her truth. She asks Ruhi to worry for herself. Ruhi says that the entire Poddar family is there to worry for…

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5 reasons to invest in Mumbai’s Chembur Area

The suburbs of Mumbai have been the major focus for residential development and are a hot favourite among developers and buyers alike. One of such locality is Chembur, situated in southeastern Mumbai suburbs, is an enticing housing hotspot. Positioned in proximity to other suburbs like Kurla, Deonar, Mahul, Govandi, Chunabhatti and Ghatkopar, the locality serves as an industrial hub that further facilitates the growth of Chembur real estate. PropGuide lists out the major factors that contribute to the development of Chembur as an up and coming residential hotspot:

RAIL & ROAD CONNECTIVITY

Chembur is linked to the Harbour Line of the rail network. Government is planning of developing monorail on the suburban railway system which will help the residents in connectivity. It is expected that Monorail corridor connecting Chembur is going to become the second-longest monorail corridors in the world. When you are talking about road then eastern express highway and Lal Bahadur Shastri Marg (LBS) Marg provide great connectivity to this region.It is also connected by the monorail service between Chembur and Wadala which will go up to Jacob’s Circle in south Mumbai, on completion. Being close to both the Western and Eastern expressways, it is easier to commute to the business hubs such as the Bandra-Kurla Complex and other central business districts, from here.

SOCIAL INFRASTRUCTURE

One can witness increasing number of healthcare centres, public garden, clubs, shopping malls, gymkhanas and educational institutes in and around Chembur. These amenities further add to the advantages for a homebuyer. The famous Chembur market is a popular attraction with a number of multi-product stores and upmarket restaurants. The locality also has the finest educational institutions viz. St. Gregorios High School, Daan Special School, St. Joseph’s Convent Chamber, Sadhu High School and Mahatma Education Society’s Lai’s Group of Institution. “With the growing social infrastructure the locality is turning into a residential-friendly area,” says Rohit Poddar, managing director, Poddar Housing and Development.

AN INDUSTRIAL HUB

Presence of many renowned industrial establishments is making Chembur one of the suitable places for the employed. Buyers always think and wish that the home and workplace should be nearby reducing the time spent on travelling. Offices of some of the leading industries are located in and around Chembur. These include Petroleum Corporation Limited, Bhabha Atomic Research Centre, Hindustan Petroleum Corporation Limited, The Tata Power Company Limited, Rashtriya Chemical & Fertilizers Limited and Tata Institute of Social Sciences. Buyers 1 bhk in chembur have the advantage of living close to their workplaces. “Besides, presence of prestigious studios of the Indian film industry namely Asha Studios and RK Studios, gives Chembur a unique identity among other localities of  the eastern suburbs,” adds Poddar. Chembur is one of the greenest suburbs of Mumbai. It is also the fastest growing suburb of central Mumbai.

COSMOPOLITAN CULTURE

The region is dominated by people from varied communities including Sindhis, Maharashtrians and South Indians. Major colonies or sub-localities in Chembur encompass Pestom Sagar, Tilak Nagar, RCF Colony, BPCL, HPCL, Tata Colony, Chheda Nagar, Indian Oil Nagar on Mankhurd Link Road (end of north west Chembur), Shell Colony, Navjeevan Society, etc.

PLUSH LOCALES

Chembur is a high-end residential hub and promises a quality lifestyle. Some prominent names from the Indian realty industry like Godrej Properties Limited and Heritage Group have their presence in this region. Some of the luxury flats in Chembur are Sabari Nateker Heights, Godrej Serenity, Ekta World Oculs. One could buy villas in Chembur, old bungalows, apartments in modern highrises, open spaces as well asresale property in Chembur. Average selling price of a residential space here is Rs 14,505 per sq ft. Unit size of the apartments vary from 690 sq.ft to 3,500 sq.ft.

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Which Infra projects could influence your home purchase?

As per Knight Frank research, Metro Line 3 passes through some of the most congested markets of South Mumbai (such as Kalbadevi, Girgaon, Grant Road, among others). It will aid people travelling to commercial business districts such as Lower Parel, BKC, Andheri East and SEEPZ. As this Metro Line passes through already established saturated markets, not many vacant land parcels are available for new development. However, some established markets are likely to witness further demand. For instance, BKC lacks connectivity through railways, and Metro Line 3 is the first project to bring rail connectivity to BKC. Corporates are setting up base here due to the infra developments, price affordability and availability of mid-segment and luxury properties. The Marol-MIDC belt will also get a boost because of this Metro project. Once implemented, Metro Line 3 would reduce traffic on the corridor by about 35 per cent or by 4.5 lakh vehicles leading to decongestion of roads. Lower Parel will also benefit from this Metro line, especially since it is home to several luxury projects, reputed educational institutes, retail and entertainment destinations, fine dining restaurants and more.

Mumbai Trans-Harbour Link Length: 21.8 km  Connectivity: It will connect Sewri in Mumbai to Nhava Sheva in Navi Mumbai Current status: As of March 2021, 38 per cent of the construction work was completed

As a result of the MTHL, micro-markets such as Dronagiri, Ulwe and other neighbouring localities in the Nhava Sheva region will see greater residential demand. It will also open up land parcels for real estate developments, especially for affordable housing projects. “About 5,579 residential units have been launched in the Navi Mumbai belt in 2020 and this region is also accessible, affordable and has appreciation potential with good social infrastructure and workplace hub integration. Besides, the presence of green surroundings gives it an edge if you are looking to live in the city and yet be away from congestion,” says Rohit Poddar, managing director of a leading real estate company.

Coastal Road Length: 22.2 km  Connectivity:This freeway would run along Mumbai’s western coastline connecting Marine Lines in the south to Kandivali in the north  Current status: The BMC has completed 330 metres of tunnelling work till April 2021

As per Knight Frank research, the premium markets such as Colaba, Napean Sea Road, Worli and Bandra West will witness a further price rise as the commute time will shrink significantly along the route. Also, Malad, Charkop and Goregaon west will benefit from this project. “Construction of the Coastal Road will not only help to decongest the city, but also minimise the escalating traffic woes by easing connectivity between the south and the western suburbs. These suburbs have an edge over other micro-markets because of rightly priced property, modern amenities and supporting infrastructure,” adds Subhankar Mitra, managing director, advisory services (India), Colliers.

Goregaon-Mulund Link Road Length: 12.7 km  Connectivity: It will connect Film City in Goregaon to Mulund Current status: The BMC has re-invited tenders for the construction of the road 

The BMC in its Budget this year allocated Rs 1600 crore to the Goregaon-Mulund Link Road (GMLR) project. The BMC has undertaken this project to ease traffic on the east-west corridor. Once completed, the GMLR will connect Film City in Goregaon to Mulund, and a journey that currently takes over an hour will be reduced to 15 minutes. “Mulund has connectivity with the business districts of Thane, Powai, Andheri, Airoli and BKC as well as South Mumbai via LBS road, JVLR, Eastern Express highway, SCLR and the Eastern freeway. Reputed real estate developers have already established their footprint here, thus providing buyers with multiple options. Mulund also boasts of excellent social infrastructure such as hospitals, well-known educational institutes and malls. Once GMLR is completed, it will further propel the demand for real estate in and around this locality,” elaborates Rohit Garodia, managing partner, Pecan Reams. 

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Maharashtra cuts stamp duty on property: Will homebuyers get benefited – Find out

Maharashtra government has decided to temporarily reduce the stamp duty over two different time periods.

The cost of owning a home of your own in Maharashtra has come down. The government of Maharashtra has cut the Stamp Duty charges while registering a property in the state. According to PTI, in a major policy decision aimed at boosting the real estate sector, the Maharashtra government has decided to slash the stamp duty on sale deed documents by 3 per cent between September 1 and December 31 this year. The relaxation will continue with the 2 per cent cut from January 1 to March 31 next year.

“To boost the stagnant real estate market which is badly hit following the pandemic lockdown, the Maharashtra government has decided to temporarily reduce the stamp duty. The reduction will be for two different time periods, First, there will be a 3% reduction for transactions between 1st September to 31st December 2020 and second, there will be a 2% reduction for the transaction between 1st January to 31st March 2021. This relief is over and above the 1% reduction in stamp duty for two years that the government has announced in the budget. This is a positive development for Mumbai based developers like Oberoi Realty and Sunteck realty,” says Yash Gupta, Equity Research Associate, Angel Broking.

Stamp duty is levied by the states and is charged while registering a document with the state registrar, which is generally a transaction document agreed upon by two or more parties. In most cases, it is a fixed percentage of the agreed value as mentioned in the agreement.

“The phased reduction in the stamp duty rates from the present 5% in Mumbai and Pune to 2% (until December 2020) and 3% (January – March 2021) is a much-awaited measure from the Government of Maharashtra as the residential real estate markets in these top two cities are reeling under pressure. The rest of Maharashtra will also benefit from a reduction in stamp duty.  Undoubtedly, this will augur well for prospective home buyers as it is expected to result in direct financial savings for them. It will act as an attractive incentive towards fastening the time taken for several deal closures in the current market environment. Though temporary in nature, this is a strong inoculation into the dampened market sentiment and will help in reviving sales,” says Ramesh Nair, CEO & Country Head (India), JLL.

In the case of property registration, stamp duty is charged on the transaction value or circle rate whichever is higher. The Circle Rate is the minimum price of the property, as set by the government. In order to boost the sentiments, sometimes the government reduce circle rate while at times the stamp duty is cut.

Rahul Grover, CEO, SECCPL says, “Reduction in stamp duty is a welcome move and will provide a temporary reprieve. However, there have been media reports of interest subvention scheme being under consideration which will be positive too. The key still remains macroeconomic factors and unless the lockdown is completely removed which the State is hesitating to do, the long term recovery cycle will continue to remain subdued. There is a limit to which technology and interface can make up for genuine interaction and confidence in the economy”.

For the home buyers, the low interest on home loans, credit-linked subsidy offered by the central government under PMAY scheme and other such benefits could prove to be the right time to own a property. “We believe that the residential market is unlikely to offer this palette anytime soon – rationalised pricing, lowest home loan interest rates, an extension of credit linked subsidy scheme and developers doling out lucrative schemes and now this is topped with lower stamp duty rates,” says Nair.

As a lesser-known feature of tax savings on registering the property, the payment of stamp duty by homebuyers qualifies for section 80C tax benefit of the Income-tax Act, 1961. Rohit Poddar, Managing Director, Poddar Housing and Development Ltd on the reduction of Stamp duty, “Announcement on the reduced stamp duty at the onset of festivity with Ganesh Chaturthi will influence the home buyers in buying their dream home at a more affordable price. Homebuyers will be able to get more benefits and more registrations will take place. A residential asset is a one-time investment and the announcement from the state government provides an opportunity to make a purchase at a significant price value, which in turn will provide home buyers more liquidity at hand.”

This article was originally published in English www.financialexpress.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

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Affordable housing to cement a place in realty sector

New Post has been published on https://apzweb.com/affordable-housing-to-cement-a-place-in-realty-sector/

Affordable housing to cement a place in realty sector

The announcements by Finance Minister Nirmala Sitharaman for providing rental housing facility for urban poor and migrant labourers as well as extending the credit linked subsidy scheme (CLSS) under PMAY by one more year will give impetus to affordable housing and kick-start consumption of construction materials, according to analysts and developers.

Ashok Mohanani, chairman, Ekta World and president (elect) NAREDCO, Maharashtra, said “The announcement whereby the Centre would be providing ₹11,000 crore to the States that will help provide basic necessities such as food, water and shelter will give a temporary relief to the migrant workers. This measure will stop 60 to 65% of reverse migration which, in turn, will revive the construction activities. The extension of CLSS with the infusion of ₹70,000 crore will help in boosting the housing sector.”

Anshuman Magazine, chairman and CEO, India, south east Asia, middle east and Africa, CBRE said, “The announcement on affordable rental accommodation for urban and migrant workers under PPP partnership will open newer avenues for the construction industry.

“For middle-income group, the extension of CLSS up to March 2021, will further strengthen demand in the affordable housing segment.”

“The extension of CLSS for another year will help demand for the affordable housing sector to inch back as and when the economy starts to revive. This, in turn, will help the construction sector to restart operations at the earliest,” said Shishir Baijal, CMD, Knight Frank India. Sharad Mittal, CEO, Motilal Oswal Real Estate Fund, said, “The scheme on providing affordable rented houses to migrant labour under the PMAY scheme will provide long-term stability for them and may help in reinstating their faith during this current crisis.”

Mrinal Kumar, partner, general corporate, Shardul Amarchand Mangaldas & Co., said the government- funded housing in cities being converted to affordable rental housing complexes through PPP will give the much required impetus to revive the real estate sector and other related industries.

“The affordable rental scheme is a step towards addressing the issue of housing of urban poor and migrant workers and will provide them with access to quality accommodation and security to encourage these workers to not return to their native places in a crisis like COVID-19.”

He said extension of CLSS will become a key driver for boosting the economy and attract foreign direct investment into the sector. Rohit Poddar, MD, Poddar Housing and Development Ltd. said, “We look forward to the affordable rental housing complexes for migrant workers and urban poor as it will help address housing problems of these workers.”

Murali Malayappan, CMD, Shriram Properties Ltd., said the extension of CLSS is a breather for the affordable housing sector as it will boost the sale of affordable housing units as home buyers will continue to get loans from banks and housing finance companies at a subsided interest rate. “It will also fuel related sectors such as building materials, cement and steel,” he added.

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India: Rooftop Farming – How urbanites are making a healthy transition towards homegrown food

Green roof systems retain 60-100% of the stormwater they receive. In addition, green roofs have a longer life-span than regular roofs.

By Rohit Poddar Business Today June 27, 2019

Excerpt:

Although Rooftop farming is fairly a new concept in India but there is a progressive increase in the number of green roofs and rooftop farms. Eco-conscious and organic-friendly urbanites are acknowledging the importance of sustainable living as it is the need of the hour to sustain in the changing ecological conditions. As more people are moving and migrating around the urban areas, urban agriculture is starting to be viewed as a sustainable way to produce and efficiently supply locally-grown fresh crops and vegetables to cities.

Rooftop farming can be a viable option for urban agriculture on account of decreasing agricultural land, especially in Indian cities. It can play a significant role in urban environmental management and enhance the continuously deteriorating quality of air while offering organic and fertilizer-free produce.

Read the complete article here.

from Gardening http://cityfarmer.info/india-rooftop-farming-how-urbanites-are-making-a-healthy-transition-towards-homegrown-food/ via http://www.rssmix.com/

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YRKKH 6th August 2024 Written Update Ruhi's shocker

YRKKH 6th August 2024 Written Update Ruhi’s shocker. Ruhi makes an entry in the Mangla Gauri puja and stuns the entire Poddar family. While some of them are happy that Ruhi is back in Rohit’s life, some get worried thinking of her intentions behind her sudden return. Ruhi embraces Rohit with much affection. Rohit freezes when he sees Ruhi with her Mangalsutra and Sindoor. He is puzzled. She tells…

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Unchanged repo rate to help realty revival: Experts

Real Estate Update - M. N. & Associates - MUMBAI: The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged will give a much needed boost to the real estate sector which is witnessing signs of revival in the past six months, industry experts said.The apex bank Friday kept the repo rate unchanged at 6.50 per cent, despite global and domestic macro-economic headwinds of rising interest rates in the US, rising crude prices, threat of crude oil fuelled inflation, weaker currency and FII outflows, Knight Frank India Chairman and Managing Director Shishir Baijal said."The rates remaining unchanged has opened a great opportunity for buyers. As the festive season is also round the corner and property rates are fairly low across the country, it will trigger the home buying sentiment in the market. Also the rupee has depreciated to its all time low to 74 against dollar should attract NRI property buyers," Poddar Housing and Development managing director Rohit Poddar said.Echoing similar views CREDAI national president Jaxay Shah said the decision to keep the repo rate unchanged is a relief to the developers, home buyers and real estate stakeholders at large."However, the economy is too precariously poised for real estate to pull itself by its bootstraps. We hope in particular for decisive steps to end the credit freeze," he added.Welcoming the decision, CBRE India and South East Asia chairman Anshuman Magazine said that any hike in repo rate would have impacted consumption sentiments and also the real estate sector."Also, the change in stance of the RBI from neutral to calibrated tightening is an indication of the intent to keep inflation levels in check," he said.Voicing similar concerns, Colliers International India managing director Joe Verghese opined that considering the mood of uneasiness in the banking and financial sector, the RBI has taken the right step by not going in for another hike in interest rates at this stage."This would have only further dampened the sentiments across the real estate industry, especially with the festive season round the corner," he said.House of Hiranandani chairman and MD Surendra Hiranandani said the hike might have impacted consumption sentiments negatively ahead of the festive season."From a consumers perspective, home loan rates are attractive so they must utilise this opportunity and make their purchases by cashing in on deals in the market," he said.Group CEO Housing.com Dhruv Agarwala felt that as we are near the festive season, a rate cut would have allowed potential buyers to plan better for their investments in the property market for the current financial year.Property consultant JLL CEO and country head Ramesh Nair said that for home buyers, the timing could not have been better as lending rates are not expected to increase from current levels."Besides providing a major fillip to buyer sentiment, RBI's move should also translate into boosting demand. With the latest GDP numbers indicating better growth prospects for the Indian economy, we hope the central bank will have enough elbow room to make it conducive for home buyers," he added.Paradigm Realty managing director Parth Mehta said this pause on the repo rate is a temporary relief and is not a burden for the home buyers especially during this festive season. Chartered Accountant For consultng. Contact Us: http://bit.ly/mumbai-ca

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YRKKH 4th August 2024 Written Update Ruhi's surprise

YRKKH 4th August 2024 Written Update Ruhi’s surprise for Rohit and Poddars. Ruhi changes her mind and returns to Poddar’s house. She tells Rohit that she is sorry to hurt him and does not understand his love, but she deserves one chance. She tears the divorce papers after stopping him from signing them. She says that she wants to give a chance to their marriage, with the hope that she will also…