#bba llb in dehradun

[ims-unison-university]

BBA LL.B (Hons.) A Legal Mosaic of Law and Management

Unlike the usual solo path of legal studies, the BBA LL.B (Hons.) program blends jurisprudence and business management, offering a unique five-year journey. It attracts those who relish unravelling legal intricacies while mastering strategic business manoeuvres. We will unravel the legal tapestry that defines this program's unique and creative approach in this exploration.

Crafting Legal Strategies: The Legal Blueprint:

BBA LLB colleges in Dehradun, like IUU, challenge the conventional idea that law and management are separate entities. Instead, it forms a legal blueprint that integrates the study of law with the strategic intricacies of business management. Students navigate both legal and managerial subjects, ensuring graduates grasp legal complexities while mastering strategic legal manoeuvring.

Faculty: Legal Guides and Management Mentors:

The faculty, akin to legal guides and management mentors, plays a pivotal role in shaping the legal mosaic. With UGC NET qualifications and active involvement in doctoral research, they serve as mentors who not only impart legal wisdom but also guide students through the strategic nuances of business management. In this legal ecosystem, the faculty becomes architects, constructing a foundation that harmonises legal principles with pragmatic business acumen.

Structural Integrity: Building Legal Edifices in Infrastructure:

Imagine the program's infrastructure as a legal edifice where the structural integrity is vital to the synthesis of law and management. This BBA LLB in Dehradun has multimedia-enabled classrooms, a state-of-the-art moot court, and a mediation centre that become the crucibles where legal debates take centre stage. The library, enriched with online databases like SCC Online, Lexis Nexis, and Hein Online, serves as the repository of legal knowledge—a space where the legal mosaic is continuously nurtured and expanded.

Jurisprudential Symbiosis: Harmonizing Legal Principles with Real-world Dynamics:

In the legal mosaic, academia and industry engage in a symbiotic relationship, creating a framework that harmonises theoretical legal principles with real-world dynamics. Practical components such as moot court sessions, trial advocacy, and youth parliament activities serve as the building blocks, ensuring that graduates not only grasp legal theories but also comprehend the application of these principles in the ever-evolving legal landscape.

Clinical Legal Application: Bridging Legal Theory with Practice:

A distinctive element within this legal mosaic is the emphasis on clinical legal education. Here, legal theories transition into practical applications, bridging the gap between legal academia and the practicalities of legal practice. This component ensures that graduates, from BBA LLB colleges in Dehradun like IUU, not only understand the legal mosaic but also possess the practical skills necessary for successful legal careers.

Career Litigation: Guiding Legal Journeys:

As the legal mosaic unfolds, the program assumes the role of a guide, illuminating the path for students as they embark on their legal journeys. Mentoring becomes a personalised legal journey, navigating students through the intricacies of legal thought and assisting in the formulation of a legal strategy. Comprehensive support for securing internships and placements adds a practical dimension to the academic framework, ensuring that graduates step into the legal world with a comprehensive understanding of legal intricacies.

The Legal Mosaic Unveiled:

In conclusion, the BBA LLB in Dehradun is not merely an academic endeavour; it is a legal mosaic where legal intricacies intertwine with the strategic manoeuvres of business management. As the legal landscape evolves, this program stands as a testament to the creative synthesis of law and management, inviting aspiring legal architects to partake in this unique legal mosaic. The stage is set for those who wish to craft legal strategies that seamlessly resonate through the corridors of jurisprudence and business strategy alike.

[icfai-university-dehradun]

BBA LLB Course | The ICFAI University Dehradun | Best law university in India

[quantum-university]

BBA LLB Colleges in Dehradun - Quantum University

Discover top BBA LLB Colleges in Dehradun at Quantum University. Explore a dynamic curriculum, experienced faculty, and exceptional career opportunities. Known for its quality programs and forward-thinking approach, Quantum University offers a unique blend of BBA and LLB courses that equip students with essential legal and business insights.

[college-counsel]

UPES Dehradun

UPES Dehradun which stands for University of Petroleum and Energy Studies (UPES) Dehradun, established in 2003, is a premier institution known for its specialized education in energy, engineering, and management. Nestled in the scenic surroundings of Kandoli, Dehradun, UPES has emerged as a leading university, offering a wide range of undergraduate, postgraduate, and doctoral programs. The university's emphasis on industry-aligned curricula, state-of-the-art infrastructure, and a strong focus on research and innovation has positioned it as a top choice for students aspiring to excel in their respective fields. UPES Dehradun's commitment to providing holistic education is reflected in its diverse academic offerings and vibrant campus life.

UPES Dehradun's consistent performance and academic excellence have earned it a commendable ranking in various national and international platforms. According to the National Institutional Ranking Framework (NIRF), UPES has secured a notable position among the top universities in India, underscoring its quality of education and research output. The strategic location of UPES in Kandoli, Dehradun, further enhances its appeal, providing students with a conducive environment for learning and personal growth. The university's robust placement record, coupled with its strong industry connections, ensures that graduates are well-equipped to meet the demands of the dynamic job market.

Courses offered

B.Tech.

MBA

B.Des.

M.Tech.

LL.B.

M.Des.

B.Pharm.

MA

BBA

M.Sc.

BCA

LL.M.

B.Sc.

MCA

B.Com.

PhD

BA (Hons.)

Online courses at UPES include:

MBA

BBA

BCA

Eligibility

B.Tech. Programs:

Eligibility Criteria: Applicants must have achieved at least 50% marks in both Class X and Class XII, with a minimum of 50% in Physics, Chemistry, and Mathematics (PCM) in Class XII.

M.Sc. Programs:

Eligibility Criteria: Candidates must have obtained at least 50% marks in both Class X and Class XII, with Physics, Chemistry, Mathematics/Biology (PCM/B), and 50% in their relevant undergraduate degree.

M.Tech. Programs:

Eligibility Criteria: Please refer to the specific course requirements for detailed eligibility criteria.

All UG Programs:

Eligibility Criteria: Candidates must have achieved a minimum of 50% marks in both Class X and Class XII.

BCA and B.Sc. Programs:

Eligibility Criteria: Candidates must have secured 50% marks in both Class X and Class XII, with Mathematics, Computer Science, or Information Technology as one of the major subjects in Class XII.

B.Des. Programs:

Eligibility Criteria: Candidates must have secured a minimum of 50% marks in both Class X and Class XII, in any stream.

B.Pharm. Programs:

Eligibility Criteria: Candidates must have achieved at least 50% marks in Class X and Class XII, with Physics, Chemistry, Biology/Mathematics, and English as major subjects in Class XII.

BA (Hons.) Programs:

Eligibility Criteria: Candidates must have secured at least 50% marks in both Class X and Class XII, in any stream. Preference will be given to those with Mathematics, Economics, or Political Science in Class XII. Students without a mathematics background will undergo a Remedial Mathematics module in Semester 1.

For Law at UPES Dehradun

LLB (5-years) Programs:

Eligibility Criteria: Candidates must have achieved a minimum of 50% marks in both Class X and Class XII.

LLB (3-years) Programs:

Eligibility Criteria: Candidates must have obtained a minimum of 50% marks in both Class X and Class XII, in any stream, and also a minimum of 50% marks in graduation, in any stream.

Fee Structure

Total Fee Summary for Programs

M.Sc. (Applied Geology):

Total Fee for all Semesters: Rs.205,000

B.Sc. (Hons) Physics/Mathematics/Chemistry/Geology:

Total Fee for all Semesters: Rs.397,950

B.Tech (Applied Petroleum Engineering):

Total Fee for all Semesters: Rs.1,832,000

BBA:

Total Fee for all Semesters: Rs.5,30,250

  MBA

Total Fee for all Semesters: Rs.6,80,000

  B.Des:

Total Fee for all Semesters: Rs.19,55,524

  M.Des:

Total Fee for all Semesters: Rs.12,52,000

  B.Pharmacy:

Total Fee for all Semesters: Rs.9,45,150

  M.Sc. Nutrition & Dietetics:

Total Fee for all Semesters: Rs.4,21,050

  BA LL.B (Hons.)-5 Years:

Total Fee for all Semesters: Rs.18,83,896

  LLM:

Total Fee for all Semesters: Rs.2,79,072

  BA (Hons.) - English / Political Science / History:

Total Fee for all Semesters: Rs.6,20,538

  MA Digital and Mass Media - (Broadcasting):

Total Fee for all Semesters: Rs.5,35,600

Admission Procedure at UPES Dehradun

Registration: Visit the UPES website and register with your basic details.

Application Form: Fill out the online application form and upload required documents.

Entrance Exam: Some courses may require you to take an entrance exam.

Selection Process: Shortlisted candidates undergo further evaluation, which may include group discussions and interviews.

Offer of Admission: If selected, you will receive an admission offer.

Document Verification: Submit original documents for verification.

Confirmation: Pay the admission fee to confirm your acceptance and secure your admission.

Placements

UPES Dehradun boasts a robust placement record, with top companies visiting the campus for recruitment. The university's strong industry connections and emphasis on practical, industry-aligned education ensure that students are well-prepared for the job market. The Career Services department provides extensive support, including training, workshops, and networking opportunities, helping students secure promising placements in leading organizations.

Top Recruiters

Adani

Boeing

Hyundai

Panasonic

Royal Enfield

Reliance Industries Limited

Maruti Suzuki

Godrej

Asianpaints

UPES Dehradun Campus

UPES Dehradun's campus is nestled in the picturesque surroundings of Kandoli, offering a serene and conducive environment for learning. The campus is equipped with modern facilities, including state-of-the-art classrooms, laboratories, and research centres. The university's infrastructure is designed to foster creativity and innovation, with spacious libraries, sports facilities, and recreational areas. The campus provides a vibrant and multicultural atmosphere, with students from diverse backgrounds coming together to pursue their academic goals. The lush green campus provides a perfect setting for holistic development, ensuring a memorable and enriching experience for all students.

For any inquiry/assistance please contact us at : College Counsel | Expert Guidance for Your Academic Career

[dme-noida]

Delhi Metropolitan Education is proud to announce that our students, Palak Duneja, Khushi Verma and Mitali Garg from BBA LLB, participated in10th National Moot Court Competition held at IMS Unison University, Dehradun from 9-11th October, 2023. They were able to reach the Quater- Finals.

One of the three students, Palak Duneja won the Best Mooter - Female Award.

We congratulate them on their winnings and wish them well for their future Endeavours!

Visit: https://dme.ac.in/

[himgirizeeuniversity]

BBA From The Best BBA Colleges In Dehradun: A Sure Shot Step Towards A Successful Career

A degree in BBA will teach you skills like management and decision-making. The benefit of completing a BBA programme is that you can work in any field, from IT to media to fashion to automotive. You can work in the private or public sector, as all jobs involve marketing. Marketing also teaches you how to analyses consumer behaviour in order to amend and append a company’s strategy.

Visit @ https://www.businessvires.com/2022/06/03/bba-from-the-best-bba-colleges-in-dehradun-a-sure-shot-step-towards-a-successful-career/

[beardedstudentbasement]

UPES Scholarship for Girls to Enroll in Postgraduate Programs at UPES in Academic Year 2021-22: 20%

In the year 2021, all girl students who apply for admission to UPES will be eligible for this UPES scholarship if they achieve a minimum of 60% in their undergraduate program. The UPES scholarship will only be renewed for subsequent years if the following criteria are met.

[vidhyaa-in]

Get UPES Dehradun Courses & Fee Structure 2021-22 with complete details like registration fee, admission charges, hostel and other fees of courses on Vidhyaa.

[shikshaadvisor]

ULSAT or UPES Law School Admission Test is conducted by University of Petroleum and Energy Studies for admission to law courses. The admission test is conducted in Computer-Based Test mode, and the question paper is based on subjects such as Language Comprehension, Quantitative & Numerical Ability, Logical Reasoning, Legal General Knowledge and Legal Aptitude. University of Petroleum and Engineering Studies (UPES) has postponed the ULSAT 2020. ULSAT for LLB admission will be held from August 16 – 18, 2020. The last date to apply is August 11, 2020. The application form to apply for UPES Law Studies Aptitude Test 2020 (UL-SAT) is available on upes.ac.in. ULSAT is a university level entrance exam which is conducted for admission in BA LLB (Hons.)/BBA LLB (Hons.)/B.Com LLB (Hons.)/LLM courses offered by UPES. #upes_dehradun #upesuniversity #ulsat #ulsat2020 #upeslawschool #ballb #bballb #bcomllb #llm #lawadmission #lawexam #lawcareer #lawstudents #lawaspirants #lawcourse #lawschool #lawcareer #lawadmission2020 #shikshaadvisor #careerguidance #admission2020 #careercounseling #admissionguidance #dehradun #uttarakhand (at Shiksha Advisor) https://www.instagram.com/p/CCizXikMYIq/?igshid=75acm3w15k8k

[dbgidehradun]

A Career in Commerce Stream - 10 Courses To Pursue After 10+3

One of the most significant achievements in a student's life is clearing the plus two levels of examination, thus completing the school studies. This point indicates the commencement of the professional life of the student. While it isn't the end of academics, the extra course of action plots where a student's professional life will be going, this is why it is necessary to make the right career choice at this point. Students in this phase arise from either of the three popular streams, namely science, arts, and commerce. Generally, in India, the science stream is given the most important as it is believed that it opens all possible doors for the future.

In contrast, the arts and the commerce stream are considered to restrict further career paths. However, this classification is widely incorrect. Each stream has its own career trajectory; it all just depends on making the correct career choice.

There are many options available for the commerce students in various commerce colleges in Dehradun Uttarakhand; one can select any course of their choice after high school and build a successful and lucrative career in it. Some of the careerists' courses which a commerce student can select from are as follows:

Bachelor of Commerce (B.Com)

Bachelor of Commerce, a three-year undergraduate program, is the most popular course among the commerce students after completing 10+2. The B.Com course curriculum is designed to provide students with knowledge about the streams like finance, banking, and accounting to a student. One can work on different job oriented courses after completing this course, such as MBA, Vocational Course, Skill Oriented Course, etc.

Bachelor of Commerce (Honours) - B.Com (Hons)

B.Com (Hons) is similar to B.Com, except that it provides an extensive specialization in a particular subject or field, such as management, accountancy, economics, etc. The industry requirement for B.com (Honours) is moderately more reliable than normal B.com. Nevertheless, maybe there is a slight difference in the course; the admission and eligibility criteria remain almost be similar for both. These may somewhat vary for different universities/colleges.

Bachelor of Business Administration (BBA)

Bachelor of Business Administration (BBA) is an undergraduate three-year program centering fundamentally on underlying concepts of management and several other functional areas of any business or organization? The program grants a student with conceptual, theoretical, and practical knowledge in industries like finance, economics, operations, marketing, basic accounting, etc. The degree is comprehended to be a stepping stone for an MBA. However, it is still valuable on its own, and after its completion, one can get you an excellent job in a managerial or administrative position.

Bachelor of Management Studies (BMS)

Another undergraduate program that a commerce student can pursue after class 10+2 is BMS. Bachelor of Management Studies (BMS) is for the one who has an interest in administration and possesses leadership and managerial skills. This course deals with the study of different subjects and theories that improve students' understanding in the field of human resources, organizational theories, management, research methodology, etc. which increases their chances of being successful in the corporate world.

Bachelors in Economics

Another great option a commerce Student can choose after higher secondary school is Bachelors's in Economics. The degree gives students knowledge about the intact framework of economics, including policies, analytical methods, financial concepts, and programs, etc. The subjects involved in the course curriculum, like macroeconomics, agricultural economics, International and Indian economics make this program perfect for those who are keenly engaged in economics and want to gain specialization in the economic framework.

Bachelor of Law (LLB)

LLB, the course which was earlier, was accessible for only a graduate, is now available to even the higher secondary graduates, thanks to the new set of rules. A student interested in the law needs to know that The Bar Council of India (BCI) is the central regulatory body of Law Education in India. BCI grants a certificate of practice after completion of LLB. To practice, you are required to pass the All India Bar Examination. Other than that, you can take admission to the five-year integrated program after completing your 12th standard exams. Various Integrated undergraduate degrees provided are B.Sc. LL.B., BBA LLB, BA LL.B., B.Com LL.B, etc.

CHARTERED ACCOUNTANCY (CA)

C.A.is one of the most popular professional courses among commerce students. It provides them the opportunity to practice as an independent CA or work in major Indian and multinational companies or the audit firms. To get through this, one requires passing the respective exam, which consists of three parts, namely the initial level exam, intermediate (IPCC), and the final level. Following this, one can operate as an auditor, an advisor, a Tax Consultant, a financial officer, etc. CA is the most promising career option for commerce students.

Cost and Management Accountant (CMA)

CMA is a certificate course, provided by the Institute of Cost Accountants of India or ICWAI. After completing the course, one can work in a cost audit area, certification, consulting areas, etc. in both the public and private sectors. The work of a Cost Accountant involves maintaining accounting records, carrying out cost auditing, and assisting in planning, costing, and controlling of products, etc.

Certified Financial Planner (CFP)

Students who have an interest in finance and accounts can go for opting for the CFP. It is a technical program that is certified by the Financial Planning Standard Board India (FPSBI). Beneath this program, one trains the students in the art and science of financial planning, investment planning, tax planning, insurance, retirement planning, taxation, personal financial advisory practices, risk management, and others. Students who have a keen interest in personal finance and wealth management can go for this course.

COMPANY SECRETARY (CS)

This is another professional course provided by The Institute of Company Secretaries of India. A Company Secretary (CS) is primarily responsible for all the company's administrative compliance and serves as an in-house legal expert. The course is a preferred choice for students pursuing Chartered Accountancy (CA) because a combination of CA and CS is a common choice among students to build a lucrative career.

The education and the knowledge that you will receive today shall follow you throughout your life and will undoubtedly guide your way. Taking the right decision to pick the appropriate course is just a stepping stone for building a successful career in commerce (or in general, any field) field. Rest, you have to put in the best of your efforts to accomplish your dreams.

For a better career, come join Dev Bhoomi Group of Institutions. For admissions, mail us at admission@dbgidoon.ac.in

DEV BHOOMI GROUP OF INSTITUTIONS Dev Bhoomi Campus, Chakrata Road Navgaon, Manduwala, Dehradun- 248007, Uttarakhand, INDIA Phone No: 0135-2694241, 42,43,44,45 Toll-Free: 1800 103 4049

[kunalsharmaeducation]

Direct Admission in The ICFAI University, Dehradun Management Quota

Now you can get direct Admission in The ICFAI University management quota seats for BA LLB programs. ICFAI (or in its fuller name Institute of Chartered Financial Analysts of India University) University is a private university of law located in Dehradun. To know more about the college, placement, admission process and eligibility, Call us at (+91) 9873841048.  It is a constituent of ICFAI group. The university was established in the year of 2003. It has ranked 23rd among the top Law universities in India. The University accepts CLAT and LSAT score for BA LLB or BBA LLB programs. The university offers UG, PG, and PhD programs in different streams. ICFAI University, Dehradun is approved by UGC and it has a member of AIU.

Courses and Fees

ICFAI University, Dehradun offered the following UG/PG programs: BA LLB Duration: 5 years Full-time Fees: 6.86 Lakh Master of Business Administration Duration: 2 years Full-time Fees: 5.59 Lakh BBA LLB Duration: 5 years Full-time Fees: 6.86 Lakh Tech in Computer Science and Engineering Duration: 4 years Full-time Fees: 5.96 Lakh Bachelor of Business Administration Duration: 3 years full-time Fees: 3.57 LLB Duration: 3 years full-time Fees: 2.16 Lakh

LLB Eligibility Criteria

The candidate must follow the eligibility criteria for LLB in ICFAI University, Dehradun: The candidate should have passed their 10+2 from a recognized university with a minimum of 50% aggregate marks. For SC/ST candidates the minimum of 40% marks in 10+2 is required. The candidate should have an Indian domicile. The candidate must have to prepare for CLAT and SLAT entrance exam.

Law Program Admission process

The admission to ICFAI University, Dehradun accepts CLAT and SLAT entrance score. The candidate should have to prepare at least one entrance exam. The admission for the LLB program at ICFAI University is totally based on the candidate’s entrance performance. If you had not performed well in your entrance exam and still looking for LLB admission in ICFAI University then, contact us at (+91) 9873841048. To get direct in LLB or NLU management quota, you can ping us anytime; our counselor will be made available to guide you about the admission process, fees and eligibility for admission.

About Institute of Chartered Financial Analysts of India University

How are the Placements? The placement of the college is very good. Almost 80% of the students got placed. The highest salary package offered was 6 LPA, the lowest salary package offered was 3.2 LPA, and the average salary package offered was 4.5 LPA. Top recruiting companies of the college are Mindcrest Pune, QuisLex and CGC Partners. All students get an internship in big law firms as well as Chamber Practice Group. Top roles offered to the students are RCC committed, debating committee, moot court committee and legal aid committee. Is the Infrastructure good? The Infrastructure of ICFAI University is quite well. They don't have any hostel of their own but there are some good hostels nearby for both boys and girls, they have both types of hostels with mess and without the mess. College is well-equipped with all the facilities, they have a Wi-Fi room, and classrooms are also good. They have two libraries, the Law Library and the Central Library. Faculty Review The teachers here are very good with the students. All the teachers are highly educated. They are always available for students even in holidays and are very knowledgeable. They have a good command over subjects they teach. There are two semesters per year, with midterm exams and end-term. The curriculum here is relevant. Want to become a lawyer? Then, what are waiting for? Get direct Admission in The ICFAI University management quota seats for BA LLB programs. Call us at (+91) 9873841048 to know more about the college, placement, admission process and eligibility. Read the full article

[himgirizeeuniversity]

A career in law not just promises a decent job butalso enhances your life and morals. Pursuing a course in law brings out thebest in you and also positively influences the people around you. Throughout the world, the law profession is one of the most respectable ones. Great global opportunities are also available for distinguished candidates.

https://himgiri-zee-university.mystrikingly.com/blog/career-options-after-pursuing-llb

[teachwellinstitute-blog]

STUDY BBA LLB WITH HONORS AND A SPECIALIZATION IN CORPORATE LAW.

What is a corporation?

A corporation is a legal thing is to conduct business. Is a legal entity separate from those who produce. A corporation may carry on things in their own name, they way any human being can do. When a man thinks it is a part of our corporation, this limits their liability to the ownership in his company. Because the liability is limited to that particular corporation so this way they can't lose more than what they have invested.

Corporate Law

Corporate law is a set of laws, rules, regulations and practices governing the establishment and operation of companies. The existing body of law that regulates the activities of legal entities.

Most corporate lawyers work in firms large and medium firms. Indeed, there must be a sizeable quantity. A company may need to plan and help solve problems. The law firm for the most part has a very great company, and advocates of the skills of all to meet the needs of society before anyone else. A company may ask its lawyers that whatever the law does not affect the company, including incorporation, governance, contracts, business partners and the corresponding reports to the Security and Exchange Commission.

Leaders in various Corporations typically prefer to have one-stop shopping for all their corporate needs. And also tend to prefer long-term working relationships with lawyers. In the medium to large size law firms and allow large companies to appropriately respond to their needs on a long-term relationship with his law firm.

BBA LLB course curriculum:

• International affairs

• Finance

• Marketing

• Human Resource Management

• Insurance

• Mergers and Comparisons

• Bank

• Competition

• Investment

• Corporate governance

 BBA LLB Eligibility;

• You achieve a minimum of 50% over 12

• You should be sr. Secondary pass out from any recognized board

Colleges and universities

• National Law University

• Dr. Ambedkar Law College

• Bacteria Law School

7 • Law School

• Amity Law School

Business management degrees, and corporate law that is awarded to full time over the course of 5 years and taught at the University petroleum and Energy Studies, Dehradun.

And it will be as valuable information about the kinds of business functions of finance, human resources management, marketing, international business corporate law in areas of banking, corporate governance, investment, competition and mergers and acquisitions of insurance and very bright future candidates for BBA LLB. If you want to enter postgraduate studies of learning, you must, you can do to deal with the business world.

You will find below some companies / departments can apply where after completing BBA LLB;

• State Bar Councils and

• Indian and foreign lawyers Offices

• Multinational companies

• Legal public and private companies' cells in the ores.

• Legal Department foreign companies.

• Global service and signatures of Audits

• Consultancy

  Why become a corporate lawyer?

Corporate lawyers conduct their business and companies for help. They help companies do business better. Advocates who like to read and write will surely enjoy corporate law. Basically, in this area of practice law have to comprehend and use an intricate body of rules and regulations.

A corporate lawyer can represent a company throughout his career. They could see the company through many years of activity. Lawyers who prefer a long-term clientele can appreciate the long-term working relationships that business leaders can develop in this area of practice.

  Head Office: 415, Amba Tower, DC Chowk, Sector – 9, Rohini, New Delhi – 85

Phone: 011-27860899, +91 9015557890

Website:- www.teachwell.co.in

Email: info@teachwell.co.in

[juudgeblog]

Top 5 Cities in India in Terms of Real Estate Transactions

  This article is written by Paritosh Patel pursuing Diploma in Entrepreneurship, Arbitration and Business law from LawSikho, He is BBA, LLB graduate from Auro University, Surat and currently practicing at District, Sessions, Fast-Track, Family and Consumer Courts, Surat. Here he has discussed the top 5 cities in India in terms of real state transaction.

Introduction

Before heading straight to real estate transactions, first, we need to look at how the real estate sector became one of the most globally recognized sectors. There are mainly four types of sub-sectors:

Commercial

Hospitality

Housing

Retail

Even though all the sub-sectors are differently operated, they go along hand in hand. The rise of any one sector is accompanied by the rise of other sectors. The real estate sector is third of the 14 major sectors that contribute towards the nation’s economy. This sector also brings in most non-resident Indian (NRI) investments, be it for the long-term or short term. Cities preferred by this NRI are ranked below:

Bangalore

Ahmedabad

Pune

Chennai

Goa

Delhi

Dehradun

Image source: https://ift.tt/2TKaszG

It is expected that the real estate sector in India will race to a market size of US$ 1 trillion by the end of 2030 from currently US$ 120 billion and contribute a total of 13 percent of the country’s economy. Major sectors like retail, IT, e-commerce and consulting are known to have registered huge demand for commercial space in the last couple of years. According to data released by Department of Industrial Policy and Promotion (DIPP), the construction development sector in India has received Foreign Direct Investment (FDI) equity inflows to the tune of US$ 24.87 billion in the period April 2000-June 2018.

Here are the major developments and investments in the real estate sector:

The new government initiative of launching new houses among the major seven cities will increase 32 percent year on year by 2019 end.

The Embassy Office Parks announced in September 2018 that they would generate approx. Rs 52 billion through India’s first Real Estate Investment Trust (REIT) listing.

One Indiabulls in Chennai of Indiabulls Real Estate was acquired by Blackstone Group in May 2018 for Rs. 900 Crore.

DLF invested a huge amount of money acquiring 11.76 acres of land in February 2018 for an estimated amount of Rs. 15 billion for its expansion in Gurugram, Haryana.

The state governments along with the full support of the Government of India have taken up many initiatives and schemes to encourage the development of the real estate sector. The biggest among this initiative might be the Smart City project and the plan is to build a total of 100 smart cities, this obviously generates ample of opportunities for the real estate companies.

Some other initiatives by the Govt. of India to encourage the real estate sector are mentioned hereinafter:

More than 6.85 million houses are directly sanctioned under the Pradhan Mantri Awas Yojana (PMAY).

An outlay of Rs 60,000 crore was approved for the creation of houses under the National Urban Housing Fund in February 2018.

The Govt. of India enforced Real Estate (Regulation & Development) Act, 2016 from May 2016. This act has changed the dimensions of how the real estate sector previously functioned. The act has brought transparency and has norms to protect all the stakeholders. Additionally, the Act has ensured speedy execution of disputes. The image below shows RERA’s current footprint on the nation

Deduction till 100 percent in profits for affordable housing construction:

The finance minister proposed this scheme for a 100 percent reduction in profits for flats till 30 square meters in the four major cities and till 60 square meter in other cities. This projects should be completed within a span of three years after the approval is granted.

The latest Union Budget gave direct tax exemption to the lowest (most needy) income earners. The Government of India also came up with the new Credit Linked Subsidy Scheme (CLSS) for middle-class people with a provision of Rs. 1000 Crore.

1.Subsidies for first-time buyers

The Union Budget proposed an additional deduction in the interest of up to Rs. 50,000 per year for the first time buyers in loans amounting to Rs. 35 lakhs. This scheme has influenced sales of the home in non-metro cities.

2. Changing arbitration norms

The Government of India has cleared reforms for speedy resolutions of disputes. The speedy resolutions are aimed to improve the cash flow for large developers who are exposed to infrastructure and government contracts.

Exemption from service taxes on affordable houses.

Goods and Services Tax (GST) implementation:

GST has simplified the entire Indian tax system. The sector is still awaiting for norms over which items will fall under “sin” and “common use”.

3. Demonetisation of currency notes

Demonetisation of the currency notes of Rs. 500 and Rs. 1000 notes by the government have seen significant reforms. If we look at the positive aspects of this move in the long term, this move along with RERA will bring India to the international level for doing business which will result in more cash flow.

I hope now it is clear over what are the factors that have influenced the real estate sector. Now let’s have a look over the top 5 cities in India in terms of real estate transactions.

In the past couple of decades, India has witnessed an upward trend in the service sectors, like Telecom, Insurance, IT and ITES, Banking and Finance. This has grown demand for offices and commercial places in the country. Given below are the top 5 cities in their ranking order:

1.Bangalore

The Silicon Valley of India is the biggest hub of the IT sector. Areas like Bommasandra, Peenya, and Malleswaram are the manufacturing hubs. The metro and monorail developments have seen reduced in travelling time of the people. All in all, the growth in IT parks, manufacturing hubs, SEZ and good transport facilities have seen developers coming up with new projects for residential purposes.

2.Hyderabad

Hyderabad has the largest workforce and the best-suited climate for workers. Sectors like pharma, IT, telecom and manufacturing sectors have seen immense rise which has resulted in the growth of demand for residential property and this has made it one of the top cities. Gachibowli, Hafeezpet, Manikondam Nanakramguda are the most recognized areas among investors.

3.Chennai

The capital of Tamil Nadu is well connected by air, road, and sea. This has always been an advantage for businessman, and so Chennai is considered as the trade hub. Sectors like Automobile, Education, IT are very well established here. Chennai is the biggest city in South India and has seen a constant migration over the years. Chennai has witnessed a steep growth in terms of real estate and promises good Return on Investment (ROI).

4. Pune

Over the last couple of years, the city has witnessed many transactions in the fields of Automobile, IT and ITes and Finance sectors. Pune is considered to be the next big automobile, education and IT hub. Growth in various sectors has seen a steady growth in demand for residential and commercial accommodations.

5. Ahmedabad

Another growing city riding on the back of older textile, chemical industries, automobile sector along with the new manufacturing and IT sectors. The newly proposed Outer Ring Road along with the hugely anticipated GIFT city project is seen as a new investment destination.

Students of Lawsikho courses regularly produce writing assignments and work on practical exercises as a part of their coursework and develop themselves in real-life practical skill.

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