CRASH IN THE INDIAN STOCK MARKET – WORST HIT IN 2015


There was Panic selling in the stock market  in india,  it fell by 1,624.51 points or 5.94 percent to 25741.56, due to the devaluation of Chinese currency, China devalued the yuan to boost economic growth, but the effect reflected on the Indian stock market with a massive blow. The Nifty managed to hold 7800 level after … Continue reading CRASH IN THE INDIAN STOCK MARKET – WORST HIT IN 2015

AADHAAR AUTHENTICATION FOR PROPERTY TRANSACTIONS MAY BE MANDATORY IN KARNATAKA SOON TO ELIMINATE FRAUD AND DUBIOUS TRANSACTIONS


The stamps and registration department may make Aadhaar authentication "A MUST FOR PROPERTY REGISTRATION" in Karnataka.  However, this authentication can happen only in case of customers who are Aadhaar holders. The services will be offered by Centre for e-Governance, Karnataka, which is in charge of the enrolment process. This will be done in coordination with … Continue reading AADHAAR AUTHENTICATION FOR PROPERTY TRANSACTIONS MAY BE MANDATORY IN KARNATAKA SOON TO ELIMINATE FRAUD AND DUBIOUS TRANSACTIONS

THE REALTY MARKET TREND


  THE REAL ESTATE MARKET PRICE SCENARIO !!! The real estate market is struggling with low demand, low sales and high inventory, except Bengaluru, and the policy makers are of the opinion that the present scenario must end with the developers reducing the prices and that will be a big help to the sector because … Continue reading THE REALTY MARKET TREND

BBMP CIRCULAR on Unauthorised Constructions dated 07-08-2015


The BBMP Commissioner had issued a circular directing the jurisdictional AEE to initiate appropriate action against all the unauthorised constructions within their jurisdiction and further directed them to request the BESCOM AND BWSSB not to provide Electricity and Water connection or supply.  Additionally, action is also initiated against the contractors/architects of such unauthorised buildings by … Continue reading BBMP CIRCULAR on Unauthorised Constructions dated 07-08-2015

Government Launches Suraksha Bandhan Drive to Facilitate Enrolment under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) through the Jeevan Suraksha Gift Cheques (Rs. 351), the Suraksha Deposit Scheme (Rs. 201) and Jeevan Suraksha Deposit Scheme (Rs. 5001) Initiatives


               Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident and disability cover of up to Rs. 2 Lakh at an annual premium of Rs. 12 and the              Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for a term life cover of Rs. 2 Lakh at an annual premium … Continue reading Government Launches Suraksha Bandhan Drive to Facilitate Enrolment under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) through the Jeevan Suraksha Gift Cheques (Rs. 351), the Suraksha Deposit Scheme (Rs. 201) and Jeevan Suraksha Deposit Scheme (Rs. 5001) Initiatives

BUYING A PROPERTY WITH CASH – TRANSACTIONS ABOVE RS.20,000/- MUST BE ONLY THROUGH CHEQUES AND DEMAND DRAFTS.


THE GOVERNMENT HAS FINALLY COME OUT WITH A NOTIFICATION RESTRICTING THE TRANSACTIONS IN THE PROPERTY IN TERMS OF CASH BY PERMITTING IT TO RS.20,000/-. ANY AMOUNT PAYABLE OR TO BE PAID MUST BE ONLY THROUGH AN ACCOUNT PAYEE CHEQUE/DEMAND DRAFT/PAY ORDER/BANK TRANSFER/RTGS. THE TRANSACTION IN CASH INVOLVES HIGH RISK AND THE BUYER WILL BE AT … Continue reading BUYING A PROPERTY WITH CASH – TRANSACTIONS ABOVE RS.20,000/- MUST BE ONLY THROUGH CHEQUES AND DEMAND DRAFTS.

ONLINE SALE – THROUGH E-COMMERCE WEBSITES – BEWARE – BEWARE !!!!!!!!!!!!!!


ONLINE SALE OF COUNTERFEIT/FAKE/DAMAGED PRODUCTS SOLD IN INDIA THROUGH E-COMMERCE WEBSITES AND PORTAL NO BACKGROUND CHECK OF THE SELLERS!! NO CHECK ON THE GENUINENESS OR AUTHENTICITY OF THE PRODUCTS SOLD !!!! NO REDRESSAL OF CONSUMER COMPLAINTS BY THE E-COMMERCE WEBSITES !!!!!!!! e-commerce customers – Beware !!!!! MAJOR E-COMMERCE OR ONLINE SELLING WEBSITES IN INDIA, DOES … Continue reading ONLINE SALE – THROUGH E-COMMERCE WEBSITES – BEWARE – BEWARE !!!!!!!!!!!!!!


Adarsh Palm Retreat – WAIT – WAITING – Adarsh Builders An excruciating wait for posh apartment owners Adarsh Palm Retreat – Launched in 2005 – At outer Ring Road – At Devarabeesanahally – Approximately 110 Acres of Villas, Apartments and Condominiums -an high-end residential realty project with more than 2,000 apartments has taken over only … Continue reading