Posts Tagged ‘India’
Real estate in India: Growing towards new heights
Article by Addi Vardhaman
Summary: There are various real estate developers in India who give information and proposed plans. Therefore, it can be said that a spectacular growth can be observed in the Indian economy due to privatisation, modernisation and globalisation. International players have also shown their interest in real estate sector.
The factors such as booming economy, favourable demographics and liberalised foreign direct investment (FDI) regime, the Indian real estate sector has witnessed a revolution. The real estate in India is growing at 35 per cent. This sector is estimated to be worth US$ 15 billion and anticipated to grow at the rate of 30 per cent annually in the coming decade. India has become a new market for foreign investors due to its potential economical growth rate. As a matter of fact, this sector is attracting foreign investments worth US$ 30 billion in number of IT parks, hotels, medical, telecom and residential townships which are being constructed across India.
Real estate in India is the second largest employing sector including construction and facilities management. This sector is linked to about 250 supportive industries such as cement, brick, transport, steel, etc through backward and forward linkages. Accordingly, a unit increase in expenditure has a multiplier effect in this sector, as capacity to generate income is as high as five times.
Rising income levels of a growing middle class is the main reason for growth in the real estate. Apart from the income, other factors such as increase in nuclear families, low interest rates, modern attitudes to home ownership and a change of attitude amongst the young working population are responsible for real estate development. Therefore, it can be said that real estate property have changed the attitude from ‘save and buy’ to ‘buy and repay’ to boost housing demand.
As per the information by ‘Housing Skyline of India 2007-08′, a research firm Indicus Analytics, it has predicted that there will be demand for over 24.3 million new dwellings for self-living in urban India by 2015. Moreover, rapid growth of the Indian economy has faced a cascading effect on demand for commercial property to meet the needs of business such as modern offices, warehouses, hotels and retail shopping centres.
With the significant investment opportunities emerging in this sector, international real estate players have entered in the country. Effective participation from large local and international industrialists have resulted in potential economical growth of India which is moving towards maturity. Currently, foreign direct investment or FDI inflow into this sector is estimated to be between US$ 5 – 5.50 billion. A unit of Deutsche Bank for instance, aims to invest more than US$ 1 billion over three years in Indian construction and real estate property projects. Russian conglomerate Sistema plans to develop hotel, offices and residential complexes in major cities of India with an initial investment of US$ 100-200 million.
The boom in this industry has attracted large number of realty funds to step into this market. Prominent global players such as Carlyle, Blackstone, Morgan Stanley, Trikona, Warbus Pincus, HSBC Financial Services, Americorp Ventures, Barclays and Citigroup among others have all already checked into the Indian realty market.
Among international players, the many Indian realtors are going global by making their name in the international market through significant investments in foreign markets. Prudential Real Estate Investors for instance, has acquired Round Hill Capital Partners Kabushiki Kaisha, a Japanese asset management firm. Embassy Group has settled a deal with the Serbian government to construct a US$ 600 million IT park in Serbia. Parsvnath Developers in collaboration with the Al-Hasan Group in Oman.
Importantly, government has introduced many innovative reform measures to discover the potential of the sector. 100 per cent FDI is allowed in realty projects through the automatic route, for instance. 51 per cent FDI permitted in single brand retail outlets and 100 per cent in cash and carry through the automatic route. With growing economy in India, the demand for all segments of the real estate sector are likely to continue.
Confederation of Real Estate Developers Association of India (CREDAI)
Article by Mahima Sud
As the name suggests, the Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body of real estate developers in the country. CREDAI’s primary objective is to disseminate information on the real estate industry, which is a prominent driver of the Indian economy today. CREDAI works towards creating a more organized, forward- looking and progressive real estate industry.
CREDAI is an autonomous body of over 3500 organized builders and developers from 18 states in the country. The CREDAI was formed not only to organize the real estate industry, but also to provide an ethical code of conduct that is mandatory for all the member builders and developers to follow.
CREDAI’s current vision is to provide affordable housing to the urban population and a ‘slum free India’ as desired by the current President, Mrs. Pratibha Patil.
Roles of CREDAI
CREDAI’s foremost responsibility is to bring real estate developers on a common platform for interaction with other stakeholders in the industry, like government bodies, professionals and consultants. To this end, CREDAI organizes workshops, seminars, round tables and a large annual real estate conference, NATCON. For consultation, expert opinions and comments on various related subjects, CREDAI engages lawyers, accountants and analysts from time to time. CREDAI also commissions studies when needed. CREDAI supports its members in establishing reputations as professional organizations. CREDAI’s Code of Conduct provides clear guidelines for developers to serve customers in an ethical and transparent manner. Members strictly and voluntarily follow the CREDAI Code of Conduct, giving the community credibility and professionalism.Through events, workshops and grievance redressal cells for consumers, CREDAI promotes best practices and efficient construction practices among developers. Through these support functions and through active public relations, CREDAI is dedicated to the cause of improving the image of the real estate developer in the eyes of the consumer, the government and the media.CREDAI builds relationships between developers and the government through representations, debates and active participation in all meetings called by the government. CREDAI believes in strength through partnership and has developed a strong relationship with the government through sustained interactions with the Ministry of Urban Development, Ministry of Housing and Poverty Alleviation, the Planning Commission, Ministry of Environment and Forests, and others. CREDAI partners with the government to work on areas of common interest and specifically provides a balanced and integrated industry viewpoint on critical aspects like policy and regulation.CREDAI provides important services like raising issues relevant to developers in government and non-government forums, suggesting policy changes, making representations, and giving the developers a unified front. CREDAI also helps members connect with experts who can offer specific advice
In order to maintain integrity and transparency in the realty sector, CREDAI lays down certain rules that need to be followed. CREDAI also voices and represents any proactive policies of the real estate industry in India before the government and other concerned authorities.
Other functions of CREDAI include introduction of new techniques of construction, dissemination of statistical information, promotion of the interests of construction workers and their education, and so on. CREDAI also encourages research in the construction and property development arena. It also facilitates easy financing as it is closely associated with many housing finance institutions and banks.
CREDAI holds a national convention once a year besides several city, state & regional level conferences and technical seminars. Several exhibitions are also organized in major Indian cities like Delhi, Mumbai, Bangalore, and Kolkata along with major world trade centres like Dubai (UAE), Kuwait, Saudi Arabia, London (UK), USA and other places.
Achievements
Environmental Impact Assessment
Over the past few years, CREDAI has worked constantly to reduce the adverse effects of notifications on real estate projects. CREDAI’s efforts have gone a long way in changing things for the better. The government proposed an amendment to the notification in January 2009 and the draft for the same has been placed in the official gazette.
Service Tax on Commercial Rentals
In April 2009, the Delhi High Court struck down the levy on commercial rentals as unconstitutional as the renting of immovable property involved the rendering of no service. The levy had come into force in 2007 and saw massive protests across the country, with CREDAI relentlessly pushing for a rational decision.
The judgment has brought great relief to corporate organizations at this time, when several are facing problems of lowered profits and liquidity.
Special Residential Zones
CREDAI has proposed the concept of Special Residential Zones or SRZs (along the lines of SEZs) as a solution to the housing crisis.
Urban Land Ceiling
CREDAI worked for the abolishment of urban land ceiling and even the last remaining bastions of ULCRA have now abolished it.
Stamp Duty Rationalisation
CREDAI suggested that stamp duty be brought down and several state governments have complied.
Real Estate Financing
CREDAI has submitted a proposal addressing several issues, including the track record of developers, their fiscal practices and loan repaying capacity. CREDAI is pushing for provisions that allow term loans to be rescheduled as well as rollover of existing loans for construction loans. Also, CREDAI has requested for margin money contribution by home loan buyers to be brought down to 15% instead of the present 30%.
CREDAI is also in talks with the government to accord priority status to the housing sector and to help remove the disparity in risk weights so that real estate gets easier access to bank loans.
Other Policy Reforms
CREDAI has also suggested that the states be given incentives to adopt the Urban Reforms Incentives Fund (URIF).
Other Suggestions to the Government
Some other areas where CREDAI is actively engaged in dialogue with the government are:
Encourage affordable housing Increase investment in housing construction, maybe through changed ECB and FDIFacilitate land availabilityStimulate housing demand by permitting foreign ownership, and giving incentives to buy homes
Two of the coherent members of CREDAI are:
CREDAI Bengal (formerly City Developers’ Forum — CDF): CREDAI Bengal was founded in 1989. CREDAI NCR: CREDAI NCR includes over 80% of the organized real estate builders and developers of Delhi and NCR. CREDAI Bengal
CREDAI Bengal is the apex body of the organised real estate developers/builders across West Bengal. It represents developers/builders across West Bengal by communicating with government authorities for the formulation of proactive policies for this profession. It also encourages developers/builders to increase their efficiency in development/construction activities by introducing the latest technologies.
VisionVision of CREDAI Bengal is to be the channel of change; to make the lives of new generations safe, healthy and enjoyable.
Principles Behind the Ventures of CREDAI Bengal:
Identification of the needs of the community in terms of quality housing, social activities, education, entertainment and healthcare where adequate facilities are not available. Planning and execution of projects which will be models of sustainable, environment-friendly technology.Extending the channel for upliftment of the neighbourhood by bringing affordable modern amenities through economic and green projects.
Purpose
Their purpose is to provide community facilities where there is a need for upgrading of amenities to help meet the aspirations of modern citizens in respect of their living environment.
Intent
The intent of CREDAI Bengal is to bring design and proficiency to upgrade and holistically enhance lifestyles.
CREDAI NCR
CREDAI NCR covers more than four-fifths of real estate development businesses in Delhi and other parts of the NCR. Its establishment over the past seven years has brought stability to the industry and its achievements in the local, state and national levels has helped the industry grow at a rate of about 30 percent over the last few years.
CREDAI NCR has emerged as a leading platform for addressing problems of the Real Estate Promoters and Developers of the NCR including those from Delhi and uniting them under one roof. ABL, Aerens Jai House, AEZ, Aeren RJ Group, Ansals, Alpha Buildtech, Ashiana, DLF, Clarion, Unitech, Uppal, Jaypee Greens, JMD, Aerens GoldSouk International, Kamal Enterprises, Majestic, Omaxe, Parsvnath, Raheja’s, Shipra, Suncity, Unity Buildwell, Vatika, Vipul, JLLM, Ambit Corporate and Hines are some of the esteemed members of CREDAI NCR.
Main Objectives
To encourage fraternity, feelings of co-operation and mutual help among the Members of CREDAI NCR.To encourage adoption and promotion of fair business practices.To promote and protect the general interest of the Members and to maintain liaison with the Government to formulate right policies relating to the trade, industry and profession of real estate development.To initiate organized action in the area of building construction and management for increasing efficiency, productivity and quality through modernization and technology advancement.To collect and disseminate data, statistics and information on building construction and related subjects of interest to members.To formulate expert opinions on matters related to government policies, and to organise meetings, seminars, conferences, exhibitions etc.To provide all possible expert advice, guidance and assistance to Members and to make all possible efforts to be a True Friend to the members of CREDAI NCR. To provide a platform to interact and promote a concept/product directly to the major players/decision makers of the Real Estate Industry.To help an interested party become a part of the voice of the builders and developers industry.To provide entitlement to interested parties for discount programs and special benefits.
Scope & Vision
CREDAI NCR & CREDAI can gain mileage both in terms of business and publicity by pursuing pre-defined objectives. Government of India has stated that construction industry is pegged at 10% growth and is seriously considering the following for the benefit of Real Estate Industry
Rationalization of Stamp duty at 2% and nil for development agreementHousing for 2 million in this plan periodMaking land available easily for developers from Govt. AgenciesSpeeding up of Housing Reforms at GOM levelInterest Relaxation in Capital gainsEncouragement of FDI up to 50% in this SectorIRDA permission to invest 15% of insurance company funds in this sectorBringing in “Escrow” a/c system for all HDFC lending like that of infrastructure sectorSetting up of Equity Fund for Developers both for short & retail funding either through national lending institute or mutual fundsEstablishing Urban Reforms Incentive Fund, City Challenge Fund, Pooled Finance Development Fund – all from Govt. of India
Future Investment In Real Estate India
Article by Rocky Israni
Indian real estate landscape is expected to be dotted with Special Economic Zones international standard warehouses and specialized industrial spaces.
Real estate developments can become a norm among the working population. The Indian Real Estate Market is fast going through a learning curve. Rising interest rates have impacted the credit availability to the sector, global economic conditions seem to have subdued the demand from investors and occupier’s alike, Indian real estate stocks are down and the once soaring real estate values appear to be plunging.
Nevertheless, it is hoped that this is a transitory phase and the picture that would emerge once the churn is over will be a personification of permanence that is bound to happen as the real estate industry continues to move along a high growth curve. The economic liberalization and the ensuing information technology revolution have been instrumental in giving the real estate market its present form. MNCs-led demand for quality office space resulted in modern buildings springing up in new suburban locations.
Relaxing the Foreign Direct Investment regulations for the real estate sector opened the floodgates for foreign capital inflow into realty sector. The much required capital in the last few years has facilitated widespread development of residential property, commercial property, retail and hotel projects in the country.
It has also been instrumental in organizing the market to a large extent and bringing it closer to real estate markets in other developing countries around the world. Excited real estate developments as the growth is a sign of the emerging far-reaching and long-term trends that will drive robust growth for the real estate sector in the years to come.
Foremost would be the institutionalization of the sector and the definite change in the ownership structure. Instead of individuals, private equity funds, hedge funds, REIT funds, insurance companies, pension funds, banks and other financial institutions would own, invest or manage real estate assets in residential property, commercial property, hotel projects, IT park and shopping mall construction.
This will also lead to sophistication in the financial structuring of real estate investments. They will provide access to capital, both debt and equity capital from public and private sources. Apart from offering an exit route for the real estate developers to revolve funds will also allow individuals investors to be a part of the real estate market.
On the product side, there will be further advancement in residential project, residential township project India, township construction planning, housing planning in India and shopping mall construction with management techniques in order to optimize costs, meet construction timelines and achieve environmental and health and safety guidelines, intelligent, energy efficient green buildings will become the norm of the day.
Infrastructural projects including roads, airports, ports and inter-city connectivity will witness increased private sector participating and evolve as real estate play. This will significantly augment the availability as well as the quality of these services in the country.
Real Estate transactions will become easier due to availability of research data, computerized land records and simpler processes for transfer of land titles and taxation. Optimistically, all these would be the basics for evolving transparency and uniformity in the real estate market. After witnessing periodic highs and lows, the interest rates and real estate process will undergo a rationalization and will finally be market driven.
The above listed trends are some key real estate events that are most likely to take shape in next decade. The Indian real estate industry is lined up for a complete revolution. This revolution shall not restrict itself to the metros but has already seeped into interiors and smaller and new towns and cities. Moreover, this expansion will not be confined to a particular sector but will encompass residential, commercial, infrastructure and logistics, in terms of space and range. This growth is expected to continue, at least for the next few years.
Real estate market in India
It is a well known fact that real estate market in India is witnessing a boom due to its burgeoning development in residential, commercial and industrial properties in the country. Constantly upcoming new projects in all segments of real estate have taken the real estate market in India to the new heights, Real estate market in India is playing a pivotal role in strengthening the economy of India.
According to the survey report of PricewaterhouseCoopers, the real estate market in India has crossed 20 million dollar and further acknowledged that India is leading in reality investment market in Asia. Not only people of our country but people from other countries are also investing in real estate market in India. Delhi, Mumbai, Chennai, and Bangalore have been the main investment centers in the field of real estate. However, the following factors have given a catalytical effect to the real estate market in India:
a) Rapid increase in population level building a strong base for construction of more and more residential and commercial projects.
b) Young generation employed in multination and international business firms invest enough capital in real estate market in India.
c) Govt. has introduced the real estate investment trusts and real estate mutual funds including categorising SEZs into real estate, have also given boost to real estate market in India.
Invest And Earn With Real Estate in India
The real estate segment in India is one of big importance. Indian real estate market has been considering multi level growth in the past few years. If industry sources are to be believed, this increasing flow has no mark of coming down or even lying level for few more years to come. The truth that most important real estate in India is going public proves the prospective of the Indian Property market. There have complete listings of residential & commercial property in the whole major as well as the second level cities in India.
There is also characteristic leading real estate directory in India for real estate agents, property dealers, builders and possible buyers of Indian property worldwide. Real estate companies helps to search best property in India, buy and sell india properties and also give useful information & resources to help take sensible and an informed decision about real estate in India. The people can find a property at a location that is suitable to them, with the facilities that will suit their lifestyle and at a price that is within their budget.
Real estate developers have been at the front position of the real estate explosion comprehensive across the length and breadth of India. Carrying weapons with well-organized units of architects, engineers and managers, builders like DLF have handled to change the skyline of many Indian cities. The builders in India facilitates outstanding residential and profitable structures have come up in a big way civility the ground-breaking efforts of Indian real estate developers. In line with the extraordinary growth witnessed by the industry, the builders’ society too has been increasing at a rapid speed.
There are some of the projects which are getting a lot of importance in residential sector as Luxurious Apartments, Premium quality Flats, Independent homes, farm houses, Penthouses. New buildings in this field are experiencing unique growth. The builders in India are buying plots in huge number for construction of townships and housing complexes.Property is one of the most expensive assets for someone after his family as he needs a roof of his own to protection and care for his loved ones. Investing in a property to create it people’s lifetime residence has deep financial as well as emotional propositions. Purchasing a property is a difficult matter all over the world. The properties in India are proving to be an investment chance growing people’s money in exponential development. India property news also shows the accurate market situation as is visible on various real estate sites.
India is more than scenery and history although, instead of trying to struggle with the first world economies, business in India has impressed its own place catering for the IT and customer services industries that have seen it become the fifth fastest growing economy in the world. Indian real estate market provides enormous investment opportunities for people with extra income. Later, it has encouraged the NRI population increase globally to buy property in India not just for their future homes but also as a high return investment deal. There is also lot of information about real estate sector in India. if you want to know about it then you can find on my web portal.
Courses After 12Th in India
Introduction
As far as education in India is concerned, 12th standard is an important milestone. Career of most individuals depends on what he chooses to do after passing 12th standard. India has a rich history as far as education is concerned. Right from the Vedas of the pre-historic period to the ace Management Institutes of modern day, India bears a legacy of education that’s relevant, constructive as well as career oriented. Today education has evolved into a multi- faceted affair and offers a plethora of courses after 12th. From the traditional to the modern you can choose from hundreds of courses according to your career orientation. However, before selecting a course it’s important to know about the details of the course and also about the credibility of the college or the educational institute you are opting for. With a candid choice you can pave your way for a bright and promising career after completing the selected course.
Major Courses after 12th –
Conventional Courses- Most of the students opts for these courses after passing 12th standard. These are age old fields of studies and are called general courses. These are primarily academic courses and are not exactly professional. Those who want to take up research as their career, take up these courses. Following are the major traditional courses-
I. Bachelor of Arts (B.A) Courses- This is a three year degree course which offers Pass courses and Honor courses. For Pass courses students need to study for three years with three subjects on humanity like History, Political Science, Philosophy, English Literature, and any one of the vernacular languages of India. Students opting for Honors course will have one of the above mentioned subjects as the major one and two other as Pass subjects. The duration of both the courses is three years. B.A courses in nutrition, foreign languages, sociology, economics, journalism, media & communication, tourism, LLB
Apparel Design & Merchandising and fine arts are also offered at many colleges and educational institutes in India.
II. Bachelor of Commerce (B.Com) Courses- Those interested in mathematical figures a calculations opt for these courses. These are also three years courses and offer Pass and Honors Courses. Many, who opt for these courses after 12th standard, take up Cost Accountancy or charter accountancy courses in future. Subjects studied in B.Com are as follows-
B.Com. Subjects for First Year-
Compulsory group-
Functional English
Additional English
Financial Accounting
Bus. Eco (Micro)
Maths & Stats/ Computer concepts & Programming
Optional group (any 1)
Office Management.
Banking & Finance
Optional Group (any 1)
Marketing & Salesmanship
Business Environment & Entrepreneurship
B.Com. Subjects for Second Year-
Compulsory group
Business Communication
Corporate Accounting
Bus. Eco II (Macro)
Bus Management
Corporate Law
Environmental Awareness
Optional Group (any 1)
(Special paper I)
Business Administration
Banking and finance
Cost & Works Accounting
Marketing Management
Com. Subjects for Third Year
Compulsory group
Business Regulatory & Framework
Advanced Accounting
International Eco
Auditing & Taxation
Optional Group (any 1)
(Special paper II & III)
Business Administration
Banking and finance
Cost & Works Accounting
Marketing Management
III. Bachelors of Science (B.Sc) Courses- This is also a three year degree and offers both Pass and Honors courses and involves study of subjects like chemistry, earth science, physics, mathematics, environmental science, Biology and physical sciences. Today colleges and institutions of India offer many more subjects in this course like Biotechnology, Bioinformatics, Microbiology, Environmental Science etc. Honors courses available in most of the colleges include the following courses-
B Sc (Hons) Bio-Chemistry
B Sc (Hons) Biomedical Sciences
B Sc (Hons) Botany
B Sc (Hons) Chemistry
B Sc (Hons) Computer Science
B Sc (Hons) Mathematics
B Sc (Hons) Physics
B Sc (Hons) Statistics
B Sc (Hons) Zoology
Other courses in this field include B.SC in Electronics Media, Digital Art & Technology, Hospitality Studies, Mass Communication, Journalism & Advertising, Fashion Technology, Games & Interactive Media, Animation & Multimedia, Fashion Technology, Jewelry Design and Textile Design.
IV. Medical Courses after 12th
Medical studies in India are quite old and renowned. The duration of medical courses is four years. In order to study medicine in India you need to sit for a common entrance examination and if selected you will get the opportunity to study medicine in one of the medical colleges in India. However, now-a-days some private medical colleges offer courses against a fee. Those interested in studying medicine in India can opt for the following courses-
M.B.B.S (Bachelor of Medicine/Bachelor of Surgery)
Duration: 4.5 years
B.D.S (Bachelor of Dental Surgery)
Duration: 4 years
B.Pharma (Bachelor of Pharmacy)
Duration: 4 years
B.Sc Nursing
Duration: 3 years
B.P.T (Physiotherapy)
Duration: 3 years
B.O.T (Occupational Therapy)
Duration: 3 years
B.H.M.S(Homeopathy Medicine)
Duration: 3 years
B.U.M.S(Unani Medicine)
Duration: 5 years
Optometry
Duration: 2 years
Ophthalmic Assistant Course Duration: 2 years
Histopathalogical Lab Technology Duration: 1 year
B.A.M.S(Ayurvedic, Siddha Medicine) Duration: 4 years
D. Pharma (Ayurvedic, Siddha Medicine) Duration: 1 year
Lab Technicians Duration: 1 year
Sanitary Inspector Course Duration: 1 year
General Nursing Training Course Duration: 3.5 years
Orthopedist Course Duration: 2 years
Dental Mechanic Course Duration 2 years
Dental Hygienist Course Duration: 2 years
Bachelor of Occupationaltherapy Duration: 3 years Radiological Assistant
Duration: 1 year
Radiography [Diagnosis & Therapy] Duration: 2 years
Nuclear Medicine Technology Duration: 2 years
Other modern courses include-
Bachelor of Occupational Therapy
Bachelor of Unani Medicine
Bachelor of Homeopathy Medicine
General Nursing Training Courses
Bachelor of Ayurvedic and Siddha Medicine
Bachelor of Physiotherapy
B.D.S
B.Pharma
B.Sc Nnursing
D.Phamra
Nuclear Medicine Technology Courses
V. Engineering Courses after 12th
Engineering courses are for those interested in the science of mechanism and technology. For studying engineering in India you need to qualify one of the common entrance tests that are held every year. On clearing the test you will be offered the course and college. The courses are of four years duration and the popular courses available are as follows-
Aeronautical and Aerospace Engineering- study of the design, creation and operation of machines related to flying
Agricultural Engineering- study of design and operation of tools, implements and machines that are used in agriculture.
Architecture Engineering- Study of architectural designs and forms.
Automobile Engineering- study of design, creation, manufacture and operation of machines relevant to automobiles.
Computer Engineering- study of design, development, manufacture and maintenance of computer components.
Electronic and Electrical Engineering—study and research of the development, design, creation and maintenance of electronic and electrical gadgets.
Automobile Engineering- study of the design, creation, manufacture and operation of automobiles.
Civil Engineering – This engineering course teaches about the design, development and construction of bridges, dams, metro, railroad systems etc.
Industrial Engineering- study of making of machines.
Instrumentation Engineering- study of design, manufacture and maintenance of instruments and instrument units.
Manufacturing Engineering- study of manufacture things including machinery, electronics, medical devices, automobile parts, textiles etc..
Marine Engineering- study of the designing, construction and management of ships and other naval vehicles.
Mechanical Engineering- study of the design, construction, and operation of power plants, engines, and machines.
Metallurgical Engineering- study of metals
Mining Engineering- study of mines and minerals.
Other Courses After12th- These are mainly specialized courses and are much in demand in India. As most students are career oriented they choose to pursue a career in these job-oriented courses. These courses are practical, relevant and professional.
I. Diploma Courses after 12th-
Diploma in Development Journalism
Diploma in 3D Animation & Visual Effects
Diploma in Advanced Fashion Designing
Diploma in Advertising & Marketing Institute of Media, Fashion and Allied Arts
Diploma in Animation Film Making
Diploma in Broadcast Journalism for Electronic Media
Diploma in Event Management
Diploma in Fine Arts
Diploma in Gems & Jewelry
Diploma in Graphic Designing
Diploma in Interior Design
Diploma in Post Production
Diploma in Radio Jockeying
Diploma in Sound Engineering
Diploma in Television & Broadcast Studies
Diploma in VFX & Digital Film MakingDiploma
II. Interior Designing courses after 12th-
Those with a creative bent of mind often choose Interior Designing as their career. Interior designing courses have gained popularity in India in recent years and there are a number of colleges in the country who offers degree as well as diploma courses in Interior Designing. The course involves planning, designing and arranging the interiors depending upon individual taste and preference. This profession requires creative outlook, imagination and technical knowledge. The designs should be sensible, realistic, secure and eye-catching. The fields of specialization in this course include-
Interior decorators
Interior designing
Exhibition designers
Theatre and set designers
Window display designers
Landscaping and designing
III. Online Courses after 12th-
Today the entire world has become connected with World Wide Web. Every aspect of life has become computerized and education is not lacking behind. Today one can sit back at home and opt for online courses in various fields. The major online courses are as follows-
Arts and Architecture
Fine Arts
Web design
Graphics/Multimedia
Other arts and design
Business and Management
Accounting and Finance
Information Systems
Travel and Hospitality
Business
Communications / Telecommunications
Human Resource
Organization
Marketing
Administration
Management
IT/Computer
Health Care
Internet
Computers
Computer Science
Graphics/Multimedia
Information Systems
Engineering
Health Care and Human Services
Nursing
Social Work
Psychology
Personal
Administration
Community
Liberal Arts
1. Criminal Justice 2. Paralegal Science and Technology
Engineering (Computer / Electrical / Mechanical / others)
Technology
Social Science
1. Leadership and other
Other Courses
Associate of Arts in General Studies Associate of Science in Interdisciplinary Studies Program Bachelor’s Degree in Information Systems Security Continuing and Professional Studies etc
III. Beauty Courses after 12th-
With everyone willing to look special in their own way, beautician courses have become popular and are well in demand in India. Students with interest in beauty care can opt for a beauty course and choose a career in the glamour world. Popular beauty courses are as follows-
Advance Diploma Course Advance Diploma in Hair Dressing Advance Hair Diploma Holder Advance Hair Dressing Advanced Body Treatments Course Advanced Diploma in Cosmetology Advanced Makeup Course Advanced Paramedical Esthetics Course Aromatherapy Course Basic Body Massage Course Basic Diploma Course Basic Hair Dressing Basic Hair professional Basic Makeup Course Basic Manicure and Pedicure Course Basic Program in hair dressing Long Term Courses- Advanced Certificate Course in Hair Designing Long Term Courses- Advanced Diploma in Cosmetology Long Term Courses- Certificate Course in Beauty Culture
IV. Management Courses after 12th-
Management courses are the most sought after courses in India as well as the entire world. Believed to be the most career oriented and professional among all available courses, Management courses attract students right after passing 12th standard. Today there is a plethora of management courses available in hundreds of management colleges and institutes all over India. Following are the most popular management courses one can opt for after 12-
Supply Chain Management-Supply chain management has roped in many job opportunities in India
Quality Assurance Management-Quality assurance management has proved to be a lucrative career option
Logistics-The field of Logistics presents many job opportunities for students.
Disaster Management-Disaster Management is another productive career option.
Brand Management-Brands are the watchwords of today and brand management is a candid career option.
Money Management-Money management is one of the potential career options in India
Operations Management-Operations management is also another potential career options in India.
Market Research Management- Being an important part of advertising, Market Research Management a lucrative career option.
Sales & Marketing- Offering large scale career opportunities in public as well private sectors banks, financial institutions, industries, MNCs and services sector, Sales and Marketing Management tops the list of management courses.
Real Estate Management- Urbanization and industrialization have hastened the development in real estate sector thus promoting Real Estate Management studies.
Production Management-Production Management is an inter-disciplinary subject Joining aspects of production technology and management, Production Management courses are quite popular now and creates job in manufacturing and IT enabled services industries.
Retail Management-The growing mall culture the globalization process, has encouraged the requirement for experienced retail managers in almost all sectors of the economy and this has made the Retail Management courses quite popular.
Event Management-Event Management is required by a diverse range if industries which include films and serial production houses, hotel industry, tourism, the corporate sector, BPOs, newspaper houses and the fashion industry.
Hotel Management- With the boom in the hotel industry more and more youngsters are opting to take up courses in Hotel Management after passing 12th standard. The course offers a whole host of job opportunities in the diverse sectors of the hotel industry.
Other Management courses-
International Business
Business Management
Finance Management
Rural Management
Human Resource Management
Materials Management
Industrial Management
Shipping & Port Management
Management Consultancy
Hospital Management
Purchasing Management
Construction Management
V. Aviation Courses after 12th-
Toady a variety of Aviation courses are offered in different institutes in India. The specialized training courses are wide in range and include subjects like flying operation, aircraft maintenance, air traffic management, aviation safety, regulatory policies and technical aspects of flying. Aviation courses are conducted from recognized and prominent institutes and is extremely useful to all those who aspire to work in aviation sector. With the liberalization and privatization of airports, there is an exceptional demand for people professionally trained in aviation. The major courses in aviation are-
Aviation Safety Training Instructor Courses
Flight Attendant Courses
Flight Deck Crew Courses
Pilot training in Indian Aviation
Commercial Pilot Training
Aircraft Maintenance Engineering Course
Cabin Crew & in-Flight Services
Air Hostess Courses
Real Estate Development in Pune India
TOWNSHIP in Pune, Maharashtra
100 Acres Township – delivering the best to Maharashtra
Real Estate Sector in India
Indian real estate in the past few years has significantly transformed itself and has been through a roller coaster situation. By 2020 India will be having the highest return in the real estate sector.
Real Estate projects, whether residential or commercial, will have 100 per cent infrastructure guarantees. This means that all projects would have quality access roads, water, electricity, connectivity, safety and security. Our cities are bursting at the seams and given our pace of development, the shortcomings of meeting infrastructure needs are likely to widen
Market capitalization is still at nascent stage. We expect the market capitalization of infrastructure companies to increase by over USD 100bn in the next 3 to 5 years
According to industry players, housing accounts for 4.5% of gross domestic product (GDP) with urban housing accounting for 3.13%
India’s property sector is expected to improve from late 2009 and may attract up to US$ 12.11 billion in real estate investment over a five-year period
Almost 80% of real estate developed in India is residential space, the rest comprising of offices, shopping malls, hotels and hospitals
According to the Tenth Five-Year-Plan, there is a shortage of 22.4 million dwelling units. Thus, over the next 10 to 15 years, 80 to 90 million housing dwelling units will have to be constructed with a majority of them catering to middle- and lower-income groups.
Profitability in the Indian Market
As per McKinsey average profit from construction in India is 18%, which is double the profitability for a construction project undertaken in the US
Indian market Player moves
DLF subsidiary firm, DLF Assets is trying to raise over US$ 492.67 million in a venture with Texas Pacific Group and Mumbai-based investment firm JM Financial
Hyderabad-based BSCPL infrastructure has announced the launch of its first residential project off Old Mahabalipuram Road (OMR). The company claimed that it has completed the structure for 600,000 sq ft. The US$ 394.27 million project is to come up on 92 acres and touted as one of the largest integrated residential township projects in the city
Maharashtra Real Estate Industry
Maharashtra (Labeled India’s “Power House”) is one of India’s most industrialized states. Its immense contribution to the Indian economy amounts to a fourth of the gross value of Indian industry, and 78.8% of the state’s GDP flows from the secondary and tertiary sector
The state enjoys a scenic countryside with diverse geographical features – the unspoilt beaches, the rugged Western Ghats and the Mumbai, the Ajanta and Ellora Caves, Lonavala and Khandala, Raigad, Matheran, Alibag, Ganapatiphule, Murud-Janjira, Panchgani, and Mahabaleshwar are popular weekend getaways accessible by an excellent road network
WHY Invest in PUNE region of Maharashtra?
Maharashtra is home to the most expensive residential and commercial properties in the country, concentrated in Mumbai, Navi Mumbai and Pune. All three cities have a mature property market, with high end residential apartments, commercial projects, luxury hotels and malls
Residential and commercial property rates in Navi Mumbai have soared ever since the Special Economic Zone and the Greenfield airport project in Panvel were announced. It is no longer a city living in Mumbai’s shadow, with its fair share of premium residential properties, glitzy malls and multiplexes, hotels and large commercial spaces
In Pune, property prices have appreciated between 10 to as much as 70% in Hinjewadi, Baner, Kharadi, Kalyani Nagar, Wakad, Pimple-Nilakh and Pimpri-Chinchwad.
Pune will soon acquire the status of being a metropolitan city in India. According to an Assocham report on ‘The 7themerging metro city in India’ it owes its up gradation to a fast development pace in the area of infrastructural facilities, friendly business environment, education avenues and employment opportunities
Contributing factors include the high real estate prices and a large population base as compared to other upcoming cities
Pune occupied first position overall though it needs to improve on transportation, social infrastructure and financial services
Real Estate Boom in Pune
Talegaon on the Mumbai- Pune expressway is also seeing fast paced development, and property developers are taking up large projects in view of Indian corporates and multinationals planning to set up manufacturing facilities here. Rates of residential property are currently as low as Rs.900 to Rs.1,500 per sq. metre and Rs. 20 to Rs. 70 lakh per acre for industrial plots
The Government notified 7 Special Economic Zones for Maharashtra in January 2007. These are:
the Serum Bio-Pharma Park in Pune,
the EON Kharadi Infrastructure Private limited in Haveli, Pune,
MIDC in Latur, Aurangabad and Nanded,
Wipro in Hindawadi, Pune, and
Royal Palms in Aarey Colony, Mumbai
Maharashtra will remain the investor’s safest bet, as the industrial climate rests on India’s most qualified, professional and committed workforce
Developments in Pune
‘Lavasa lake city’, being developed by Hindustan Construction Company (HCC) near Pune will be India’s first planned hill station. The 12,500-acre project will be ready as a complete town with a population of 1.5 lakh. The city is coming up on eight huge hillocks that surround the elongated Varasgaon dam backwaters to ensure excellent natural habitat for the city
US based INC Developers has entered the heavily Indian real estate market with a super luxurious apartment’s scheme worth Rs 100 crore, which it would jointly develop in Pune with Amar builders over next 24 months. The super luxurious apartments with 6,500 square foot size each, would be priced between Rs 5 crore and Rs 6 crore
The Township in Pune
Plan to develop a township in the area of 40 Hectares (400,000 sq.m.) land located on the outskirts of Pune
The potential of new township in Pune is a very attractive opportunity
As there is huge small and medium level earning society looking to be a part township structure in the Pune outskirts
The rate for land applicable will be about Rs. 150,00,00 per acre
Township Structure
For any township there is development of the infrastructure, in this township the estimated cost expected is Rs. 15,00,000
The township will be structured in various categories by which it will serve the various needs of the community
The township will have a:
Community Centre
Mosque
Recreation Centre
Club Houses
Garden and children’s park
Other common facilities
Land Allocation Structure in the Township
20% of the land will be allocated for common facilities which is about 80,000 sq.m
5% for developing High End Villa – 20,000 sq.m
5% for condominium high end flats – containing 4/6 flats – 20,000 sq.m
20% for setting up commercial spaces – 80,000 sq.m
10% for high end apartments with – 40,000 sq.m
2 BHK in 2,000 sq.ft. each
3 BHK in 3,500 sq.ft. each
4 BHK in 5,500 sq.ft. each
40% for low end apartments with 1 BHK in 500 sq.ft. built in high rise building structure – 160,000 sq.m
Township Structure – Villa
High End Villa and Plots to be developed in space of 20,000 sq.m ~ 215,278 sq.ft
Each villa can be developed in size of 30,000 to 40,000 sq.ft
These villa will be designed with various customized theme as per request of the client
These villa will be equipped with latest tech savvy gadgets, in built swimming pool, sufficient parking space
Exotic view with environment friendly concept
The villa’s will be provided on 5 year payment scheme
The space can be sold at Rs.10,000 per sq.ft.
Township structure – Condominium High
Condominium high end flats
Condominiums are more commonly known as “flats” in India. This type of housing is very common in larger cities but are not commonly found in rural areas
A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece
Township Structure – Condominium High
The condominium can be developed with various measures
We can take about 4 to 6 Flats in these condominium high end structure
These are to be priced in different pattern as these apartment serve the needs to top executives in the region with all equipped and furnished apartments structure
These are some high class society people looking to have there surrounding with people of there same network they belong, it is specific segment of the society
Each owner will have his privacy and space to utilize as their needs
Township Structure – Commercial Space
Commercial space is any area where you can do your retail business
As the township is developed it is very essential to have commercial setup in the township as it serves the basic needs of the society such as:
Super markets
Grocery shops
Shopping centres
Book stores
Malls
Township Structure – Apartments High End
The township will contain high end apartments which will have flats with:
2 BHK
3 BHK and
4 BHK
These apartments will be constructed in the land space of 80,000 sq.m.
It will cater the needs of all the segments who have bigger families and more space requirement
The pricing of these apartment can be from the range of Rs. 3,500 per sq. ft for 2 BHK to Rs. 5,500 for a 4 BHK apartment
The rate further rises as customer approaches flat on upper floors
Township Structure – Apartments Low End
In order to serve the mass population of the society we need have a special segment and space for medium and low income group
The space that will cater these needs is 1 BHK apartment/ flats spread in the area of 160,000 sq.m. ~ 1,722,225 sq.ft.
The 1 BHK flats will be developed in space of 500 sq.ft.
These will be high rise buildings as it will serve large number of customers
The pricing for this flat can be as Rs. 3,000 to Rs. 3,500 per sq. ft.
Boom in the Real estate in India
The growth of the real estate industry in India has seen a tremendous change. It has become a really profitable industry due to globalization of Indian industries. India is the second largest populated country in the world. The need for shelter for such a large population has also contributed in the expanded scope of this industry.
After the introduction of the policy of liberalization, privatization and globalization the Indian companies has made a positive impact in the global market. The top most companies of the world want to step their base in India also. The need for land to such a huge population and the industries has raised the real estate business.
According to the recent data’s Indian real estate market is on the 9th position among the world real estate markets. The Indian real estate market is growing at the rate of 30% per annum constantly. The Investment and employment in the real estate business of India has gone to the next level within the last decade. The favorable policies of the government of India have also supported the real estate market in India.
The places near the metro cities are becoming the main investment points for the real estate companies of India. The introduction of special economic zones popularly known as SEZ by the government of India has also resulted in the growth of real estate market in those rural areas which were earlier unaware about it. The foreign real estate companies are very much interested in the real estate market of India because there is huge scope in Indian markets. The needs of the people have changed according to the change in culture. The malls and flat culture has taken places in the minds of Indians. The need for land for such malls and other modern commercial complex has raised the demand of big lands in metro cities as well as in rural areas.
Some of the high tech cities that have faced the fast developments in India are Gurgaon and Noida. Earlier the residents of these places were all involved in the farming and these lands were used for agro based reasons. They have established their real estate companies and have earned huge profits by selling their agricultural land. The demand of land and buildings is on continuous rise in the India so also profitability of the Indian real estates companies is on the rise. Investing in the real estate business in India is sure shot way to earn huge profit.
Over Home Loans Tweak Real Estate in India
The Indian real estate market is getting structured day by day. It has surfaced to a big industry in the real estate sector the government has felt the need of monitoring this sector even more closely. Purchasing real estate in India is a satisfying deal surveying the growing tendency towards property prices. The sky-kissing costs of housing on top of commercial realties crossways the nation will definitely acquiesce huge returns as an investment deal. As well cashing in on the presented market situation are chief banks and financing institutions of the nation, which offers providing services to builders and investors for a large range residential and commercial real estate expansions.
Real estate agents help people who are purchasing, selling, leasing, financing and building places to reside. Many industries also includes agents who work on commercial real estate, including apartment office buildings, shopping centers, industrial plants, ranches, medical centers, museums, and theaters. When you contract with a real estate India you must make sure that he is not charging you any commission from you as a purchaser. You can have any query with the agent that you will be clear about his terms and conditions. This will also help you to get a key estimation about the capabilities of the real estate agent as well. You can also look for various real estate agents who work with either with sellers or buyers only.
Real estate funds are very multifaceted. This is not a little to learn as you go. Arranging a fund is a big step up in difficulty. You will require the help of accounting, tax and legal advice who are experienced in the area. Even though real estate funds are generally growth or income oriented, investors can normally expect to get both extra income and capital gains from the sale of valued properties within the group. The real estate funds face several kinds of risk that are natural in this sector of the market. There are some of the factor like liquidity risk, market risk and interest risk that can control the gain or loss that is passed on to the investor.
The buying and selling properties in India is never so simple without help of expert & experienced property dealers in India. The property dealers in India are the proficiently prepared people who help the clients in buying, selling or renting of residential or commercial properties within their authority. They usually keep a listing of available properties for sale in their areas and help their clients to choose the one that absolutely suits their needs. The property dealers in India provide to the somewhere to stay needs of all sections of the society and can look forward for a successful future.
Builders contract in construction of buildings and structures in proficient manner. Whether it is a residential or a business property, the real estate builders can build for purposes. There are many builders in India who can build buildings as per requirement and needs of the people. Builders with lot of experience have light idea of kind of requirement one can consider of while constructing home or building.
Get log on to real estate in india that bring you with builders in india and property dealers in india in delhi, mumbai, bangalore, pune, hyderabad, noida and many more.
The Flamboyant Economy of India
The boosting economy of India is offering great potentials for doing business in India for the overseas investors to make investment in India and is encouraging them to consider India as one of the best place for their business development. The most in focus sector being the real estate. Inflation rate is coming down and increased market demand for goods and services are good signs which attract foreigners to do business in India.
There are various factors like quality, availability and reliability of infrastructure services, state or central government’s efforts, good power supply, transportation facilities connecting important nodal points, relaxed tax regulations, efficient banking systems and relatively cheaper availability of labour and raw material, export and import options etc. Doing Business in India is the most attractive destinations for the investments. Even the World Bank analysis has indicated that the infrastructural development and institutions remain the main factors in the development of India’s private sector. The real estate sector is one of the most booming sections in India.
The economy of India is one of the fastest growing economies of the world with good population base. The growth rate of gross domestic product (GDP) is reviewed around 8.75 per cent plus against 7.4 per cent in the previous year. The International Monetary Fund (IMF) indication of India’s GDP is much higher at a growth rate of as high as 9.7 per cent. The economy of India is one of the most favorable economies in the world as of now. This higher growth trends are creating good opportunities to do business in India.
The Banking system of India has survived well to the global economic crisis. In India, nationalized banks play an important role in banking sector (50.5 per cent of the aggregate deposits and hold the highest share of 50.5 per cent in the total bank credit. Banking facilities both through the foreign banks and regional rural banks had a share of 5.5 per cent and 2.5 per cent respectively in the total bank credit.
The economy of India is one of the most robustly growing economies in the world with a huge population base. The recent trends show that the growth rate of Economy of India will grow at around 8.75 per cent for current year. The Indian economy is performing well as the purchasing power parity has increased in the last six months.
Economy of India is ranked the fifth largest economy in the world and third largest GDP in the entire continent of Asia. The world’s popular brands have started seeing the economy of India as the potential market for their business expansion.
Conclusively, it is no surprise for India being chosen as one of the most favoured foreign direct investments (FDI) destinations as the economy of India grows in leaps and bounds. The strong banking system proved a blessing during the financial meltdown, even opening the opportunities for doing business in India. Besides, the real estate and infrastructure management turned out to top the private equity (PE) investment sector at 23 per cent of the total with US$ 99.36 million, according to Deal tracker October 2010, Grant Thornton.
Real Estate Agents in South India
There is robust demand for high-end real estate properties if offered at the right location. With so much of agents available it is a tedious task to pick the appropriate agent for your dream house. This is a one time decision which can bring much of comfortless at the later stage. Venper property developers is a Chennai based reputed real estate agent. They have a strong client base build on the trust they have delivered. Chennai as a metropolitan has grown to greater heights with the amount of industries, IT and ITES companies flourishing in. The geographical location of Chennai as it is easily accessible to other metros in South India makes it a dream destination for buying and selling home. We understand the efforts you put behind building your dream house and visualize it as our dream. Hence we have dealt with our customers with utmost precaution. This has in turn reflected in the satisfaction acquainted by our esteemed customers. It is always important that you choose the right concern like Venper who have years of experience behind us to fulfill your dream. We offer clients informatively designed structures along with ultra modern amenities. We deliver a wide range of properties from flats, apartments, cottages, villas, housing complexes, independent homes in Chennai. We provide these properties at an affordable cost best in the market price without compromising with the quality. We have a zero tolerance policy towards the quality we offer. Our customers are the testimonials to the fact that buying and selling homes in Chennai is never been so easy without us. Apart from Chennai we are also involved with real estate properties all over Tamilnadu. We are always there for your service, keen in helping you out discover your vision. You will in reality feel the difference with the class of service we provide the moment you step into our office. You can have a wide range of choice as per your economic and social status from our diverse options. Venper will stand to its pride of being the pioneer among Chennai city developers.