#property valuation in kolkata

[propertyinc123]

Designing Your Dream Home in the City of Joy

Renovating your new 4 BHK flat in Kolkata is an exciting opportunity to blend tradition with modernity and create a space that reflects your unique style and personality. By embracing Bengali architectural elements, opting for open floor plans, incorporating sustainable materials, infusing vibrant colors, and creating functional outdoor spaces, you can design a home that celebrates the spirit of Kolkata while providing comfort and luxury for years to come.

[mco-legals]

Reasons Why Your Business Needs a Professional Business Attorney

Whether you’re launching a startup or managing an established brand, staying competitive and protecting your operations requires assembling a team of trusted experts. Among these, a business attorney should be at the top of your list.

Corporate lawyers provide invaluable support across various aspects of your organization, from legal compliance to contract management and intellectual property protection. Partnering with a reputed company law firm in Mumbai or availing company law services in Kolkata can help your business navigate complex legal landscapes effectively, saving you time, money, and resources.

Top Reasons to Hire a Professional Business Attorney

1. Avoid Legal Pitfalls and Litigation

Waiting until your business is served with a lawsuit is often too late to engage legal counsel. A skilled business lawyer helps:

Identify potential legal issues early.

Address complications before they escalate into lawsuits.

Reduce court costs and protect your brand reputation.

Many company law firms in Mumbai offer specialized litigation departments to defend or mitigate potential legal disputes.

2. Enhance Business Valuation

Business attorneys play a pivotal role in building and safeguarding your assets, including:

Developing a strong intellectual property portfolio.

Ensuring favorable terms in contracts like vendor agreements, leases, and service agreements.

Preparing for mergers, acquisitions, and joint ventures.

By leveraging their expertise, your business can position itself as a competitive player in the market.

Types of Attorneys Your Business Might Need

1. Start-Up and Business Structuring Attorneys

These lawyers help determine the best structure for your business, whether it’s a corporation, LLC, or limited partnership. They also provide guidance on forming holding companies or subsidiaries for optimal operational efficiency.

2. Employment Law Attorneys

Employment-related issues can become legal minefields. Attorneys specializing in employment law assist with:

Drafting employment contracts and compensation packages.

Managing stock options and separation agreements.

Addressing workplace disputes or compliance with labor laws.

3. Contract Law Attorneys

Contract lawyers are indispensable for:

Drafting and reviewing standard contract forms.

Resolving disputes over legal terms.

Negotiating agreements to safeguard your business interests.

Their expertise saves time and reduces costs, ensuring your contracts are legally sound and strategically favorable.

4. Intellectual Property Attorneys

Protecting your intellectual property (IP) is vital in today’s digital era. IP lawyers help:

Patent inventions, apps, and software solutions.

Trademark your brand and safeguard against infringement.

Build a robust IP portfolio to enhance your competitive edge.

5. Technology and Internet Law Attorneys

As businesses adopt advanced technologies, compliance with tech and internet laws becomes critical. Tech lawyers assist with:

Drafting terms of use and SaaS agreements.

Ensuring compliance with regulations like GDPR and FTC guidelines.

Addressing legal challenges related to AI, VR, AR, and emerging technologies.

Conclusion

Hiring a professional business attorney is not just a safety net—it’s a proactive step towards protecting and growing your business. Whether you’re starting a venture, managing contracts, or safeguarding intellectual property, expert legal guidance is invaluable. For reliable corporate legal solutions, consider partnering with a reputed company law firm in Mumbai or exploring company law services in Kolkata. With the right legal team by your side, you can focus on growing your business while staying legally secure.

[rav01]

How India’s Top Real Estate Companies Are Leading a Global Transformation in 2024

From ancient tales to legendary victories, a story remains a myth until it's proven true. Every time you check the news or flip through a bulletin, you find headlines showcasing the growth and success of the real estate industry. Many view this progress with skepticism, considering it a passing phase. However, the narrative of India's top real estate companies continues to validate their achievements, evoking both excitement and admiration. It also brings to mind the wisdom passed down by past generations, emphasizing real estate investment as a source of stability, security, and growth. Today, the Indian real estate sector reaffirms this wisdom, having surpassed a major Asian contender, China. Let’s explore the achievements and key factors behind this triumph.

Mark of Dominance

Historically, India has outpaced China in the number of billion-dollar real estate companies. According to a recent report by luxury sanitaryware brand GROHE, data from the 2024 Hurun India Real Estate 100 reveals significant growth among India's top real estate companies, which surged from 7 to 36 in the past six years. Meanwhile, China dropped to second place, with its companies shrinking from 100 to 30. India's top 100 real estate firms are valued at Rs. 14.2 trillion, with 86 companies contributing Rs. 6.2 trillion. This sector's value has grown by an impressive 70% over the past year.

Why This Matters

India’s success didn’t happen overnight but is the result of a steady, strategic growth trajectory. This achievement goes beyond mere numbers; it has reshaped perceptions of the real estate industry. Meanwhile, China’s real estate sector, once accounting for 25-30% of GDP, now represents only 10%. The decline of its largest real estate company, Evergrande, and restrictive regulations have weakened consumer demand and affected various industries. This downturn has also led to decreased employment and a rise in economic insecurity.

Key Players Behind the Success

India’s top real estate companies have driven the sector's progress. Leading the list, DLF boasts a valuation of Rs. 2 trillion, followed by Macrotech Developers at Rs. 1.4 trillion and Tata-led Taj Hotels at Rs. 791.5 billion.

Why India Stands Out

Examining global markets, India is emerging as a top destination for real estate investment. Domestic brokerage Motilal Oswal projects 2-4% year-over-year growth for companies like Mahindra Lifespace Developers, DLF, Oberoi Realty, and Godrej Properties. In 2025, first-quarter bookings could see up to 79% year-over-year growth, equating to Rs. 286 billion. With projects often selling out quickly, developers are motivated to launch new ones. In contrast, while China’s real estate sector has dwindled, India’s contribution to the economy, currently at 7.3% (Rs. 39.8 trillion), is expected to reach Rs. 484 trillion by 2047, making up 15.5% of the economy.

Growth-Driving Factors

Several factors contribute to the growth of India's real estate sector, including robust domestic demand, government support, economic resilience, and changing homebuyer preferences. Other critical drivers include:

Demographic Shift: India’s demographic dividend, growing at 2.3% annually, fuels economic growth. By 2035, the urban population is expected to reach 675 million, creating demand in cities like Bengaluru, Mumbai, Delhi, Kolkata, Hyderabad, and Chennai, where housing sales have seen a 31% year-over-year increase.

Middle-Class Growth: According to the People Research on India’s Consumer Economy (PRICE), India's middle class has grown at 6.3% since 1995, representing 31% of the population. By 2047, this figure could reach 60%, driven by a young demographic with strong purchasing power. The annual income of this group ranges from Rs. 5 lakh to Rs. 3 trillion, contributing 50% to the economy.

Urbanization Boom: By 2031, 75% of India’s national income is projected to come from cities. Urban growth presents both challenges and opportunities for developers, with an estimated 70-80% of infrastructure still needed to meet future demand.

Conclusion

India's real estate sector is experiencing a dynamic transformation, with the top real estate companies leading the charge. This growth story is a testament to their enduring strength and dominance, setting India apart as a global leader in real estate.

[saheniindexia]

Loan Against Property in Kolkata: Choosing the Right Option

Introduction to Loan Against Property

A loan against property in Kolkata, also known as a mortgage loan, is a secured loan that allows individuals to borrow funds against the value of their property. Whether it's residential or commercial property, LAP provides a convenient financing option for various purposes, including business expansion, debt consolidation, education, or medical emergencies. Selecting the best loan against property in Kolkata is essential to access competitive interest rates and flexible repayment options. When faced with financial needs or opportunities, leveraging one's assets can be a viable solution. In Kolkata's dynamic economic landscape, a loan against property serves as an excellent option to unlock the value of your real estate assets. However, choosing the best loan against property provider is crucial to ensure favorable terms and a seamless borrowing experience.

Criteria for Selecting the Best Loan Against Property

When evaluating loan against property providers, several factors should be considered to identify the most suitable option:

Interest Rates

Competitive interest rates play a significant role in determining the affordability of a loan against property. It's crucial to compare interest rates offered by different lenders to secure the best deal.

Loan-to-Value (LTV) Ratio

The loan-to-value ratio, which represents the percentage of the property's value that can be borrowed, varies among lenders. Higher LTV ratios enable borrowers to access more significant loan amounts, making it essential to choose a lender offering favorable terms.

Loan Tenure and Repayment Options

Flexible loan tenure and repayment options allow borrowers to tailor the loan repayment schedule according to their financial capabilities and preferences. Consider lenders that offer extended repayment tenures and options for part-prepayments or foreclosure without penalties.

Comparison of Loan Against Property Providers

Before finalizing your decision, it's essential to compare various aspects such as interest rates, loan products, and customer service offered by different loan against property providers. Conducting thorough research and weighing the pros and cons of each option can help you make an informed decision.

Factors to Consider Before Choosing a Loan Against Property Provider

In addition to interest rates and loan terms, several other factors should be taken into account when selecting a loan against property provider:

Processing Time

Consider the turnaround time for loan approval and disbursal, especially if you have urgent financial needs or time-sensitive projects.

Eligibility Criteria

Ensure that you meet the eligibility criteria set by the loan against property provider, including factors such as income, property valuation, and credit history.

Hidden Charges

Be vigilant about hidden charges such as processing fees, administrative fees, and prepayment penalties, as they can significantly impact the overall cost of borrowing.

Benefits of Choosing the Best Loan Against Property Provider

Opting for the best loan against property provider offers several advantages, including:

Competitive Interest Rates

The best loan against property providers offer competitive interest rates, helping you save on interest costs and reduce the overall financial burden.

Higher Loan Amounts

Providers offering higher loan-to-value ratios enable borrowers to access more significant loan amounts, providing greater financial flexibility.

Flexible Repayment Options

Flexible repayment options allow you to customize the loan repayment schedule according to your financial capabilities and preferences, ensuring ease of repayment.

How to Apply for a Loan Against Property from the Best Provider

Applying for a loan against property from the best provider is a straightforward process:

Documentation Required

Gather the necessary documents, including property documents, income proof, identity proof, address proof, and employment details, as per the lender's requirements.

Online Application Process

Many loan against property providers offer the convenience of online application processes, allowing you to submit your documents digitally and track the status of your application in real-time.

Approval Timeline

Once you submit your application and documents, the loan against property provider will assess your eligibility and process your application. The approval timeline may vary depending on factors such as the lender's internal processes and the complexity of your application.

Conclusion

Selecting the best loan against property provider in Kolkata is a significant decision that can impact your financial well-being and borrowing experience. By considering factors such as interest rates, loan-to-value ratios, repayment options, and customer feedback, you can identify a lender that offers competitive financing options and supports you throughout the borrowing process.

[homeefybroker]

Finding Your Dream Home: Why Homeefy is the Best Real Estate Agent in Kolkata

Kolkata offers a plethora of options for potential homebuyers. However, navigating the real estate market in this vibrant city can be overwhelming without the right guidance. This is where Homeefy, the best real estate agency in Kolkata, steps in to make your house hunting journey seamless and stress-free.

Homeefy understands that buying or selling a home is one of the most significant decisions in one's life. With their expertise and dedication, they strive to provide top-notch services tailored to meet the unique needs of each client. Whether you're a first-time buyer, a seasoned investor, or looking to sell your property, Homeefy has the knowledge and resources to assist you every step of the way.

One of the key reasons why Homeefy stands out as the best real estate broker in Kolkata is their extensive network and market knowledge. With years of experience in the industry, their team of skilled professionals possesses in-depth knowledge of Kolkata's real estate market trends, property values, and neighborhoods. This expertise enables them to help clients make informed decisions and find properties that align with their preferences and budget.

Moreover, Homeefy prioritizes customer satisfaction above all else. They understand that each client has unique requirements and preferences when it comes to buying or selling a property. Therefore, they take the time to listen to their clients' needs, preferences, and concerns to provide personalized solutions that exceed expectations. Whether you're looking for a cozy apartment in South Kolkata or a spacious villa in the suburbs, Homeefy goes above and beyond to find the perfect match for you.

Another aspect that sets Homeefy apart as the best real estate agent is their commitment to transparency and integrity. They believe in building long-term relationships based on trust, honesty, and integrity. With Homeefy, you can rest assured that you're getting accurate information, fair deals, and unbiased advice at every stage of the buying or selling process. Their transparent approach ensures that clients have a clear understanding of the transaction process, pricing, and other crucial aspects, fostering trust and confidence in their services.

Furthermore, Homeefy leverages cutting-edge technology and innovative tools to enhance the real estate experience for their clients. From advanced search algorithms to virtual property tours, they utilize various digital platforms to streamline the house hunting process and provide a seamless and convenient experience for clients. Whether you're exploring properties from the comfort of your home or scheduling site visits, Homeefy's tech-savvy approach makes the entire process hassle-free and efficient.

In addition to their exceptional service and expertise, Homeefy also offers a wide range of services to cater to all your real estate needs. From property valuation and market analysis to legal assistance and documentation support, their comprehensive services cover every aspect of the buying or selling process. Whether you're a buyer looking for your dream home or a seller seeking the best price for your property, Homeefy has you covered.

In conclusion, if you're in search of the best real estate agent in Kolkata to help you find your dream home or sell your property, look no further than Homeefy. With their unparalleled expertise, personalized service, transparency, and commitment to customer satisfaction, Homeefy is your trusted partner in navigating Kolkata's dynamic real estate market. Contact Homeefy today and let them turn your real estate dreams into reality.

[metromanagement]

Property Valuation in Kolkata

Property Valuation in Kolkata has long been the favorite tea-time conversation for most people. If you spend over 10 minutes with any local, they will tell you about how Chowringhee has grown over-crowded in the last decade, how IT parks have become all the rage in Salt Lake and how property valuation in Kolkata has ballooned in the last 20 years. To be fair, they are not wrong! Property valuation in Kolkata has reached the zenith making all real estate companies in Kolkata and their investors laugh all the way to the bank.

[shaikh-hussain78]

End to End Solution on all property related matters from :-

Property search

Valuation & assessment, taxation

Property inspection b4 handover.

Finance arrangement from major banks.

Interiors to ready to move-in

Maintenance and management

Tenant on-boarding

Further Buy & Sell

Hassle free services with one point contact. Accountability & reasonable prising in market.

Services available in all metros specially in Bangalore and Kolkata****(Conditions apply)

Please discuss and take the decision accordingly. For 18/7 WhatsApp chat on +919035837660

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[maheshsomani]

New Residential Project Launch Dropped By 16% (January-March)

Country’s top 8 property markets have seen a 16% on-year decline in new residential project launch. A Cushman & Wakefield report shows that there’s a slump of 25,800 units of new launches in the in the first quarter of 2017. Market expects to witness more development after complete RERA implementation. During this transition period people are probably unsure about the unadulterated   implementation of the central regime, as most of the states are yet to submit respective RERA rules and the conjecture is the reason behind this inordinate delaying by the states to safeguard most of the ongoing projects.

RERA implementation won’t impact the current market price in the short to medium term. Residential launches have declined just about 8% during the period April 2016 to March 2017 compared to the same period in 2015-16. Report suggests the reduction is the consequence of abrupt demonetization move followed by RERA implementation announcement. Kolkata has always been attractive market for real estate investment for its metrical realty valuation. People are mostly seen investing in flats in Rajarhat for the availability of bulk projects as per their requisite. Still, new project launch gets overshadowed by on-hand inventories in the prime locations of the city.

The only residential sector which has been a constant source of revenue is the affordable housing sector. Thus, with the increasing market demand there has been a hike in affordable project development of 30% compared to 25% in the same period in FY 2015-2016. Whereas, the sale of ultra-luxury residential projects have been dropped by 11% from 13% during the same period. The fall of sale volume is better evident in high-ending luxury housing sector comparing to the other sectors due to demand-supply imbalance.

Luxury housing sale will be static for next couple of quarters as developers are busy in modifying their business structure, operation and marketing strategies complying with RERA norms. Eventually buyers won’t show much interest in realty investment as they want their rights to be protected with a legal bound.  Minor cutting back IT/ ITeS segment is likely to impact the end-user sentiment. A gradual sale increment is forecasted during second half of 2017.

“RERA is the biggest reform of real estate industry till date. It aims to bring back much-awaited accountability and transparency in realty practice. Market will be automatically readjusted after the enforcement of RERA and GST. Residential sector will regain positive buyer’s interest with the legitimate practice of realty under RERA ambit,”- said Vice President - NAR India & Chairman : National RERA committee, NAR India. Mr. Mahesh Somani.

“Not online in Kolkata major markets like Delhi, Bengaluru, and Mumbai are also currently dealing with heaps of inventories, which has led the city’s to have a price correction/ price moderation of on-hand luxury projects in most of the sub markets across the MIG and HIG segment. Again developers are offering lucrative packages to clear inventory back-logs.”- Mr. Mahesh Somani. also added.

Developers are focusing to finish the under construction projects (advanced construction stage) to safeguard them from RERA purview. At present, developers are primarily engaged in establishing systems and processes to register the ongoing projects with respective RA.

–LNN (Liyans News Network)

[hotelsinkolkata-blog]

Hotels in kolkata park street

Zone by The Park, Kolkata will have 117 rooms and is arranged contiguous the Biswa Bangla Convention Center. Normal duties for the lodging will go from Rs 3500-5500. The Zone by The Park brand is available in Coimbatore, ..

Counting its progressing task of the Rajarhat lodging in Kolkata, the organization has excellent properties, works in eight unique areas with around 400 rooms added to its repertoire. The organization has further extension intends to have a stock of 600 rooms in next 2-3 years.

From a valuation viewpoint, it is critical to comprehend the elements of inn stocks. On an EV (endeavor esteem)- to-Ebitda premise, littler lodgings like Oriental Hotels, Taj GVK Hotels and Sayaji Hotels order products.

Sinclairs has a fit supervisory group and expects to grow the chain quicker by taking properties on rent/the board contracts. Following quite a while, the accommodation segment in the nation is seeing a rise and the organization anticipates that this should further drive inhabitance and ARR, bringing about development in the two incomes and gainfulness this year.

It has arranged the headwinds well in the course of recent years and shut money related year 2018-19 with Rs 22 crore Ebitda on Rs 50 crore deals. 

ITC Hotels will dispatch the Royal Bengal in Kolkata in April. The 456-room lodging incorporates 82 administration condos and is found nearby the chain's first property in the state, ITC Sonar. Together, the two inns will offer around 700 rooms, more than 15 feasting alternatives, 22 meeting and show settings and three parlors.

Mandeep Lamba, president, South Asia at HVS Anarock said Kolkata is seeing a spurt in lodging supply with 971 rooms a work in progress crosswise over extravagance, mid scale and econo ..

ACCORHOTELS in organization with InterGlobe Hotels a week ago propelled their first economy brand ibis property in Kolkata with the opening of ibis Kolkata Rajarhat.

The 189-keys ibis Kolkata Rajarhat highlights a 2,457 sq. ft pillarless gathering space which can further be partitioned into three littler rooms with limit with respect to up to 250 visitors, probably the biggest mouse meal spaces for an ibis.

In addition, the inn will likewise include a redid nourishment offering at Spice It, serving home-style global solace sustenance and local foods. In accordance with all ibis inns, it will serve India's longest-running breakfast, beginning from 4 am until early afternoon.

Remarking on the dispatch, J.B. Singh, President and CEO, InterGlobe Hotels, stated, "We are excited to check our quality in this city with ibis Kolkata Rajarhat, the main globally marked economy inn in Kolkata. Created with a speculation of INR 120 crores, ibis Kolkata will have 189 keys, taking the ibis brand to 19 lodgings crosswise over 13 urban areas with more than 3,000 rooms. 

Kolkata as a goal has seen an enormous deluge of voyagers for business and relaxation. Deliberately put close to the airplane terminal, IT parks and numerous shopping centers, ibis Kolkata Rajarhat will take into account the rising IT and ITES center. The way wherein the city has suffered diligently isn't just decisive of its quality and strength yet in addition shows its potential going forward."

[d-mitra-associates]

PROPERTY VALUER, ASSET VALUER, GOVERNMENT REGISTERED APPROVED VALUATION, INDUSTRIAL ASSET & LAND VALUER, RENTAL VISA INSURANCE LOAN MORTGAGE INCOME TAX CAPITAL GAIN LEGAL LIQUIDATION VALUATION, RESIDENTIAL & COMMERCIAL BUILDING, LAND & BUILDING VALUER, PLANT & MACHINERY VALUER, CHARTERED ENGINEER, SURVEYOR ETC.

D.Mitra & Associates, Kolkata (India) is 30 yrs of vast experienced company for Goverment Registered Approved Valuation, Property Valuer, Asset Valuer, Residential & Commercial Building Valuer, Industrial Asset & Land Valuer, Rental Visa Insurance Loan Mortgage Income Tax Capital Gain Stamp duty Valuation, Land & Building Valuer, Plant & Machinery Valuer, Govt Regd u/s 34AB & Black Money Benami Asset Valuer u/s 77(1), Govt Chartered Engineer, Struc. Eng Consultant, Surveyor, Project Management, Real Estate Appraiser, Architecture Planner located at Sinthee More, Kolkata-50, West Bengal; serving Govt, Public sector & Private Clients. We have 85 key engg. Consultant & Valuator engaged in our organization. We're well-known for prompt service with high quality technical work which are appreciated by our valuable client in India & Abroad. Contact for appointment @ 9830652776.

[property360india]

What You Need To Know About Expression Of Interest In Real Estate Dealings?

Before you think of investing in the best residential projects in Newtown, we suggest you become aware of the rules, and regulations of real estate property matters. 

Financing real estate development assures a handsome appreciation without zero risks involved, says top property brokers in Kolkata. On the other hand, options such as gold investing, stock market, or FDs in a bank come with limitless fluctuations as well as uncertainty. One major reason why 65% of the population invests in the realty sector is that it builds an asset for a lifetime. Moreover, if you run out of money at a certain time, you have bought an asset that no one can ever seize from you. 

What Do You Understand By Expression Of Interest?

To sell your property you can invite offers from interested clients to purchase by a specified time and date. This is typically called For Sale by Expressions of Interest (EOI). In such cases, the property will generally be on the market for 4-6 weeks to allow potential purchasers to view the property. If they are keen to buy, the agent will ask them to complete an Expression of Interest.

The EOI indicates a serious interest from the buyer that their company would be interested to pay a certain valuation and acquire the seller's company through a formal offer. The EOI starts with some introductory praise directed towards the seller's company.

Once the information goes through dissemination, the builders next invite the prospective buyers to express interest in their product.  For example, consider a home or any other property with or without a price band. In order to be at the top of the queue, a property agent in Rajarhat suggests that a prospective buyer needs to put in an Expression of Interest by putting in a small amount of money as per the value of the property.

In What Ways Can  Real Estate Brokers In Rajarhat Help You In Property Dealings?

Good Reputation: If you are planning to involve with any property purchase or sale then always choose the real estate developer who has a good market reputation. If you are approaching a good and reputable property broker then you will surely access the best in the market. 

Market Knowledge: This is crucial for anyone about to make any property deal. Without the sound advice of your developer, you might be in for a huge financial loss. The real estate market can be heavily dependent on the economy. Hence, it is more than important to find a real estate company that can make your journey a smooth one.

Conclusion

With these benefits in mind, come invest in real estate! The best real estate agents in Newtown, Kolkata found in Property 360 will help you every step of the way. Hence, get in touch with them today because they have become popular as the most prominent real estate company in Rajarhat. Call us now, +91 83358 04221

[propertyinc123]

Finding 2 BHK at Kolkata

Finding a 2 BHK Flat in Kolkata that caters to the unique needs and aspirations of a family is a quest that encompasses considerations of location, amenities, safety, and community. In this bustling metropolis, discovering the perfect 2 BHK becomes not just a search for a dwelling but a pursuit of a cherished haven where family memories are made and cherished for years to come. Read the blog at https://propertyinc.in/family-friendly-haven-finding-a-2-bhk-in-kolkata-perfect-for-raising-a-family/

[singaporecmd368]

US fund and Indian tycoon bid more than US$1.6 billion for new IPL teams

A controversial US capital venture fund and an Indian tycoon on Monday (Oct 25) bid more than US$1.6 billion (S$2.16 billion) between them to set up two new teams in the Indian Premier League, the world's richest cricket tournament.

Sanjiv Goenka, whose RPSG conglomerate includes power, music and plantation concerns, offered more than US$930 million at an auction in Dubai to set up a team in the Indian city of Lucknow, the IPL said.

CVC Capital partners promised more than US$690 million to set up a team in Ahmedabad at the world's biggest cricket stadium.

The IPL will increase from eight to 10 teams from 2022 as it seeks to capitalise on its growing international popularity with increased fees for its television and other rights. The competition will have 74 matches, where each side will play seven home and seven away games.

The winning bids beat 20 other top Indian conglomerates and international concerns such as the Glazer family, owners of English Premier League football giants Manchester United, to secure the new teams.

The Luxembourg-based CVC has a cash chest of more than US$100 billion which it has used in recent years to change international sport. It has already spent several billion dollars to take major stakes in international rugby union and top football properties such as Spain's La Liga championship.

It has also bought into the international volleyball federation, previously owned Formula One and has been in talks in recent months to merge the men's and women's international tennis tours and to take a stake in the San Antonio Spurs National Basketball Association franchise.

"It is good be back in the IPL and I am delighted," RPSG owner Sanjiv Goenka told cricket website ESPNcricinfo. "It is an initial step. We now have to build a good team and perform."

Sourav Ganguly, president of the Board of Control for Cricket in India, which runs the IPL, said it was "heartening" to see the teams sold for "such a high valuation".

"It reiterates the cricketing and financial strength of our cricket ecosystem," he said.

He argued that the involvement of two foreign bidders, CVC and the Glazers, "strongly emphasises the global appeal of the IPL as a sports property".

"The IPL is proving to be a wonderful instrument in globalising the game of cricket," he added.

RPGS owns one of India's top football teams, Mohun Bagan, and used to be part of the IPL with the Rising Pune Supergiants, which took part in the tournament when two teams were banned in 2016-2017 over a corruption scandal.

Members of the two teams were charged with illegal betting and spot-fixing.

The IPL has been dogged by other corruption and gambling scandals. But it attracts huge TV audiences in India, and has spawned T20 tournaments around the globe.

Its brand value was estimated at US$6.7 billion in 2019 by the Duff and Phelps financial consultancy. Before the coronavirus pandemic, it was estimated to generate more than US$11 billion for the Indian economy each year.

This year, the eight-team competition was halted close to its halfway stage in May after two franchises reported Covid-19 cases. The second half was subsequently shifted to the United Arab Emirates, with the Chennai Super Kings, led by former India captain Mahendra Singh Dhoni, winning their fourth IPL title by beating the Kolkata Knight Riders in the final in Dubai.

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[subhaakritee]

How to Amplify the Value of Your Property with Interior Design & Decoration

How much significant it is to incorporate classy interior design ideas into a home –It’s one of the common questions among homeowners. As home interior design and decoration is an expensive affair, the owners think a lot of things before investing their hard-earned money. In India, home interior decoration has become popular day by day as it enhances the value of a property. Apart from defining a home, interior design and decoration add a statement to the home and make your living space more visually appealing. It is indeed a way to elevate the style of living. However, you need the help of professionals to make your home a better living space while enhancing the value of the property.

Let’s find out the ideas to implement for adding value to your property.

Begin with considering the target market :

Redesigning, renovating, or redecorating is not too costly as you think. The most important benefit is that it makes a great impact on the value of the property. But, you need to step ahead wisely to avoid unwanted wastage of money. At first, you must think about the surrounding where you are residing and the neighborhood. Location plays a pivotal role to determine the selling value of a home. If it’s a posh locality, you must consider adding appealing interior and exterior designs to attract the attention of buyers. Last but not the least, ask your interior designers to add some unique features to your abode so that it can stand out from all.

Focus on bathrooms and kitchen :

If you are going to add some exclusive features to your home, start it with bathroom and kitchen renovation. These are the areas that secure a better and more improved valuation. A spa-like luxurious bathroom with mirrors and modern lighting and bathroom fixtures instantly boost the value of your property. Besides the bathroom, redecorate the kitchen interior with exclusive flooring, cabinet, shelves, and smart features to make the space more functional as well as visually appealing.

Natural light adds value to the property :

Let the natural light flood your rooms. Therefore, you need to install glass windows as the transparent nature of glass allows light to come inside the room. Along with this, declutter your home to make the rooms more spacious than it is in reality.

So, what makes you waiting for? Get in touch with the reputed interior designing companies in Kolkata to boost the value of your residential property.

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Best Loan Against Property in Kolkata

Introduction to Loan Against Property

Loan against property, commonly known as LAP, is a secured loan where borrowers pledge their property, whether residential or commercial, as collateral to avail funds from financial institutions. The borrowed amount is determined based on the market value of the property and the borrower's repayment capacity. Best Loan against property in Kolkata offers lower interest rates compared to unsecured loans, making it an attractive financing option for individuals with valuable property assets.

Understanding Loan Against Property in Kolkata

Kolkata, the cultural capital of India, boasts a vibrant real estate landscape, encompassing residential, commercial, and industrial properties. The city's dynamic economic growth and increasing property values have fueled the demand for LAP among residents and businesses alike. Whether it's funding business expansions, meeting personal financial goals, or addressing unforeseen expenses, LAP provides borrowers with access to substantial funds while retaining ownership of their properties.

Key Considerations When Choosing a LAP in Kolkata

Interest Rates

Interest rates play a crucial role in determining the affordability of LAP. Borrowers should compare interest rates offered by different lenders in Kolkata and opt for the most competitive option to minimize borrowing costs.

Loan-to-Value Ratio

The loan-to-value (LTV) ratio determines the maximum loan amount that can be availed relative to the property's market value. Borrowers should assess the LTV ratio offered by lenders and choose one that provides adequate funding while ensuring prudent risk management.

Processing Fees and Other Charges

Apart from interest rates, borrowers should consider the processing fees, prepayment charges, and other associated costs levied by lenders. Opting for lenders with transparent fee structures and minimal charges can help borrowers save on overall borrowing expenses.

Top Providers of Loan Against Property in Kolkata

Several financial institutions and non-banking financial companies (NBFCs) offer LAP services in Kolkata, each with its unique features and benefits. Some of the top providers include:

State Bank of India (SBI)

HDFC Ltd.

ICICI Bank

Axis Bank

Punjab National Bank (PNB)

Features and Benefits of LAP in Kolkata

Flexibility in End-Use

One of the key advantages of LAP is its versatility in end-use. Borrowers can utilize the funds obtained through LAP for various purposes, including business expansion, debt consolidation, education expenses, medical emergencies, and home renovations, among others.

Longer Repayment Tenure

LAP offers longer repayment tenures compared to other forms of financing, providing borrowers with ample time to repay the loan comfortably. Extended repayment periods help mitigate the financial burden on borrowers and ensure manageable monthly installments.

Competitive Interest Rates

Many lenders in Kolkata offer LAP at competitive interest rates, making it an affordable financing option for borrowers. By securing LAP at favorable interest rates, borrowers can minimize the cost of borrowing and save significantly on interest expenses over the loan tenure.

Application Process for LAP in Kolkata

The application process for LAP in Kolkata typically involves the following steps:

Documentation Required: 

Borrowers need to submit essential documents, including property papers, identity proof, address proof, income documents, and bank statements, to initiate the loan application process.

Eligibility Criteria: 

Lenders in Kolkata impose specific eligibility criteria related to the borrower's age, income, employment status, and property ownership. Meeting these criteria is essential to qualify for LAP.

Approval Timeline: 

Upon submission of the required documents, lenders assess the borrower's eligibility and property valuation to determine the loan amount. The approval process may take anywhere from a few days to a couple of weeks, depending on the lender's internal processes and workload.

Conclusion

Choosing the best loan against property in Kolkata requires thorough research, considering factors such as interest rates, loan terms, customer service, and lender reputation. By exploring offerings from top LAP providers like SBI, HDFC Ltd., ICICI Bank, Axis Bank, and PNB, borrowers can make informed decisions tailored to their financial needs and preferences. With LAP, borrowers in Kolkata can unlock the potential of their property assets and address diverse financial requirements with ease.

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The Best Real Estate Agent in Kolkata : Homeefy

In the vibrant city of Kolkata, where tradition and modernity coalesce seamlessly, finding the perfect home can be both exciting and daunting. Amidst the myriad of choices, having the guidance of the best real estate agency in Kolkata becomes imperative. Homeefy, a prominent player in the real estate market, stands out as the go-to solution for individuals seeking their dream abode in the City of Joy.

The Essence of Homeefy:

When it comes to real estate transactions in Kolkata, Homeefy has established itself as the epitome of excellence. With a commitment to providing top-notch services, Homeefy has earned its reputation as the best real estate agent. The brand's ethos revolves around understanding the unique needs of its clients and delivering tailored solutions that exceed expectations.

Homeefy's Unique Approach:

What sets Homeefy apart is its unique approach to real estate. Unlike traditional agents, Homeefy combines cutting-edge technology with personalized service. The brand employs advanced data analytics to identify trends and opportunities in the market, ensuring clients make informed decisions. This commitment to innovation, coupled with a human touch, has solidified Homeefy's position as the real estate broker in Kolkata.

A Seamless Home-Buying Experience:

Homeefy takes pride in providing a seamless home-buying experience for its clients. The brand's team of experienced and dedicated professionals works tirelessly to simplify the complex process of property acquisition. From understanding the client's preferences to arranging property visits, negotiating deals, and facilitating legal procedures, Homeefy ensures that every step is smooth and stress-free.

The Homeefy Advantage:

Homeefy's commitment to being the best real estate agent extends beyond the conventional norms. The brand offers a range of services that go above and beyond typical real estate transactions. From property valuation and legal assistance to interior design consultations, Homeefy aims to be a one-stop solution for all your real estate needs.

Client Testimonials:

The true measure of any real estate agent's success lies in the satisfaction of its clients. Homeefy takes pride in the glowing testimonials it has received from satisfied homeowners and property investors. Clients often commend the brand for its professionalism, transparency, and unwavering dedication to ensuring the best outcomes. Indeed, the positive feedback echoes the sentiment that Homeefy is truly the best real estate agent in Kolkata.

Navigating the Kolkata Real Estate Landscape:

Kolkata's real estate market is dynamic and diverse, presenting both opportunities and challenges. Homeefy's team of experts possesses an in-depth understanding of the local market trends, enabling them to guide clients towards properties that align with their goals and preferences. Whether it's a cozy apartment in South Kolkata or a spacious villa in the suburbs, Homeefy's expertise covers the entire spectrum of real estate offerings in the city.

Conclusion:

In the bustling metropolis of Kolkata, where the real estate landscape is as diverse as the people who call it home, finding the perfect property requires the expertise of the best real estate agent. Homeefy, with its innovative approach, unwavering commitment to client satisfaction, and a track record of success, stands tall as the ultimate choice for those embarking on the journey of property acquisition in Kolkata. With Homeefy by your side, your dream home in the City of Joy is not just a vision but a tangible reality waiting to be discovered.