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Nitin Agrawal lists 10 reasons why RERA poses a win-win situation for home buyers


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Nitin Agrawal Swadesh Builder: Bhopal metro after RERA may become a major realty influencer

New Delhi, September 08, 2018: The Real Estate Regulation Act (RERA), has been a hero for real estate buyers since it was rolled out in mid-2016. With RERA as a watchdog, Indian real estate has transformed gracefully. The smaller real estate developers who fell short in delivery and quality were ousted, so were realty companies that made false promises.

Nitin Agrawal Bhopal’s real estate tycoon happened to sail through RERA smoothly with consumer-centric policies, says that there’s more to come. The introduction of the metro as a rapid transit option will surely become a boon for Bhopal city.

Nitin Agrawal lists 10 reasons why RERA poses a win-win situation for home buyers
Nitin Agrawal Swadesh Builder lists 10 reasons why RERA poses a win-win situation for home buyers

According to contractor Varinder Singh, realty agent Arjun Meena, and Nitin Agrawal, Bhopal Metro’s development will be a game changer. Varinder Singh reveals, “It will change the face of the city, usher in prosperity with direct or indirect jobs for thousands and spur real estate growth.” Arjun Meena adds that the presence of a fast metro may lead to hike in property rates.

Residents are the most excited lot. Although property rates may increase, the commute time will decrease. Furthermore, people will prefer traveling with flexibility, rather than worrying about their vehicle or a parking spot. As a corollary, metro will reduce pollution as well.

According to the preliminary report, 3% of Bhopal residents use the bus, 20% use mini buses, 3% use their own car, 25% use two-wheelers, 4% use cycles, and 1% use the IPT. The rest (44%) commute to their destinations on foot.

Current plans dictate that Bhopal Metro will have five lines. Line 1 will extend from Bairagarh in the West to Awadhpuri in the East. Line 2 will start from Karond Circle to AIIMS. Line 3 supposedly covers several stops between VasantKunj and Bhauri Bypass/NH12 Junction. Line 4 makes way from Mother Teresa School to Ashoka Garden Auto Stand. Finally, Line 5connects Bhadbhada Square and RatnagiriTiraha. There’s also Line 6, which is basically and extension from Line 2’s Habibganj Naka to Mandideep.

On August 21, highway developer Dilip Buildcon (DBL) stated that they bagged the Bhopal Metro rail project worth Rs 247.06 crore. DBL is now an L-1 bidder for Bhopal Metro rail project, as declared by Urban Administration and Development Department Madhya Pradesh, in a Bombay Stock Exchange filing.

People are hopeful for this project and looking to buy properties before their prices jump. Thankfully, for projects like Swadesh Builder’s Premier Orchard, Globus Coral Casa, and Elixir Greens, there may not be any differences as RERA is overlooking the change.

Source: http://thepropertytimes.in/nitin-agrawal-bhopal-metro-rera-may-become-major-realty-influencer/


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Shanti Bhushan:Kejriwal crossed all limits saying Modi is conspiring to kill him

Previous Union pastor Shanti Bhushan asserted that AAP has turned into a “one-man party” with a solitary point motivation of reviling Narendra Modi Prime Minister. He likewise condemned Delhi Chief Minister Arvind Kejriwal, saying he crossed all breaking points by claiming that the Prime Minister was contriving to slaughter him.
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“Aam Aadmi Party hosts turn into a one-man get-together. It does nothing aside from knocking the Prime Minister,” Bhushan claimed while tending to the finishing up session of a two-day Abhiyan national tradition here. “He (Kejriwal) has not kept a solitary division with himself. What is he drawing a compensation for? He crossed all breaking points when he said Modi is contriving to murder him,” Bhushan said.


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Salman Khan: People misuse freedom of expression on social media

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The virtual world has turned into a course for Bollywood celebrities to interface with their fans, yet it has its negatives also. Superstar Salman Khan says online networking users neglect to act “responsibly” while communicating their perspectives on the web as they escape suspecting that “nobody will discover” about it. Salman saw the dim reality of the social media when some of his fans utilized fake accounts to post abusive remarks about his associates and friends Shah Rukh Khan and Aamir Khan, and some time back an impostor utilized his photo on Facebook to make a throwing require a Bollywood film. He has even debilitated to quit Twitter previously.


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Sachin Tendulkar accepts invitation to become India’s goodwill ambassador for Rio Olympics

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Tendulkar is the third goodwill minister restricted in by IOA after Bollywood performer Salman Khan and pro shooter Abhinav Bindra. The IOA today affirmed that Tendulkar has accpeted its offer after the national Olympic body had welcomed the batting legend to go ahead board on April 29.

“Sachin Tendulkar has acknowledged our solicitation to end up goodwill minister of Indian unexpected at the Olympics. We have gotten the official correspondence from him tolerating our solicitation,” IOA Secretary General Rajiv Mehta said.

“We are extremely glad to have a notable sportsperson like Mr Tendulkar on board as goodwill minister. We are grateful to him. We trust his affiliation and the relationship of other goodwill diplomats will take Indian game forward,” he included.

The IOA’s had drawn closer Bindra, Tendulkar and commended music author AR Rehman after its turn to make Salman the goodwill represetative had drawn fire from numerous quarters, including wrestler Yogeshwar Dutt and previous competitor Milkha Singh, who had said the honor ought to be given to beat sportspersons.

The IOA Secretary General, be that as it may, said they are yet to get an affirmation from Rehman.

“Mr. Rehman is yet to convey to us yet we are cheerful that he will likewise acknowledge our welcome,” Mehta said.

Gotten some information about what particular part the goodwill diplomats would play, Mehta said, “These notorious sportspersons and famous people will spread the possibility of Olympic development in each alcove and corner of the nation, each town, square and city of India”.

“They will help in working up a brandishing society in this nation. We require a brandishing society in the event that we need to wind up a donning nation,” he included.


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Flipkart co-founders Bansals new billionaires

Leading Indian e-retailer Flipkart’s co-founders Sachin Bansal and Binny Bansal are the latest billionaires in the country, with $1.3 billion (Rs.8,582 crore) net worth each, according to leading business magazine Forbes India’ rich list released on Wednesday.

“Indian e-commerce has added its first billionaires with Flipkart’s founders (Bansals) making debut on our rich list at number 86, with $1.3 billion net worth each,” the magazine said in a statement here.

Though Reliance Industries Ltd (RIL) chairman Mukesh Ambani tops the rich list for the ninth consecutive year, his net worth, however, declined $4.7 billion to $18.9 billion (Rs.127,700 crore) from 2014 owing to lower oil prices that hit his oil and petrochemicals giant.

Sun Pharmaceutical’s Dilip Shanghvi also retained the second spot, with $18 billion net worth, acquisition of drug major Ranbaxy Industries for $4 billion by his company notwithstanding.

IT czar and Wipro chairman Azim Premji also retained the third spot in the list, with a net worth of $15.9 billion though $500 million less than in 2014.

“The generous billionaire has pledged 18 percent of his stake in Wipro to his charitable trust, in addition to a 21 percent stake already given,” the statement noted.

“The combined wealth of India’s 100 richest remains largely unchanged at $345 billion, as compared to $346 billion in 2014,” it added.

Similarly, wealth of 10 tycoons slumped by $1 billion over the year owing to global and domestic factors, including a volatile stock market and currency fluctuations.

Fortune of steel magnate L.N. Mittal (65) declined by $4.6 billion to $11.2 billion and his ranking in the rich list slipped to eight from five year ago, as his and world’s largest steel major ArcelorMittal was hit by imports from China.

“India is facing a reality check in 2015 after the euphoria in 2014. Though it has impacted several big fortunes in the top 100, the country’s entrepreneurial spirit remains buoyant, as evident from a dozen new faces on the list,” said Forbes Asia’s India editor Naazneen Karmali.

Other top 10 billionaires are Hinduja brothers ranked fourth with $14.8 billion net worth; Pallonji Mistry (86), fifth, $14.7 billion; Shiv Nadar (70), sixth, $12.9 billion; Godrej family, seventh, $11.4 billion; Cyrus Poonawalla (74), ninth, $7.9 billion and Kumar Mangalam Birla (48) tenth, $7.8 billion.

Gujarat-based Adani group’s founder chairman Gautam Adani (53) is ranked 11th with net worth of $7 billion and Kotak Mahindra Bank vice-chairman and managing director Uday Kotak (56) is 12th with $6.5 billion net worth.

Only two women figure in the top 100 billionaires’ list – Leena (Gandhi) Tewari (58 years), chairman of drug major USV Ltd, is ranked 54 with $1.9 billion net worth, while Indu Jain (79 years), chairperson of the country’s largest media group Bennett, Coleman & Co Ltd, is ranked 57 with $1.85 billion net worth.

Five co-founders of global software major Infosys Ltd figure in the rich list- N.R. Narayana Murthy (69) ranked 53, $1.92 billion; S. Gopalakrishnan (60), 67, $1.67 billion; Nandan Nilekani (60), 69, $1.61 billion and K. Dinesh (61) 96, $1.19 billion.

Mahindra group chairman Anand Mahindra (60) is ranked at 99 with a net worth of $1.12 billion.

The rich list also has 12 new comers, including IndiGo budget carrier co-founder Rakesh Gangwal at 70 with $1.6 billion net worth, while his friend and co-founder Rahul Bhatia moved up 12 positions from last year to 38 with $2.4 billion net worth.

The biggest gainer is Poonawalla, the vaccine magnate, whose fortune increased to $7.9 billion from $6.2 billion in 2014 and entered the top 10 list at nine. He recently bought heritage property Lincoln House in Mumbai for $110 million.

“This year’s list reflects the churn in the global economy and the growing clout of emerging sectors like ecommerce in India,” Forbes India editor Sourav Majumdar added.

Source


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One More Cricketer Goes Clean Bowled

Cricketer Suresh Raina tied the knot with childhood sweetheart Priyanka Chowdhary in Delhi on early Saturday.

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The marriage took place at Leela Palace, Delhi. The couple exchanged the wedding vows as per traditional Hindu customs in the presence of their relatives and close friends.

Uttar Pradesh Chief Minister Akhilesh Yadav and Member of Parliament Jyotiraditya Scindia attended the wedding in Delhi. Indian team captain Mahendra Singh Dhoni had come along with wife Sakshi, International Cricket Council Chairman N. Srinivasan, Irfan Pathan, Ishant Sharma, Shikhar Dhawan, Raina’s Chennai Super Kings teammate Dwayne Bravo and coach Stephen Fleming, veteran actor Anupam Kher and television actress Shweta Tiwari were among others who attended the function.

Meanwhile, the cricketer got engaged to Priyanka 1 April in the presence of family members. On Thursday, a pre-wedding bash was held that was attended by his friends and Bollywood celebrities. Arjun Rampal, Punjabi rapper Roger David who is better known by his stage name Bohemia, and others attended the pre-wedding bash

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Spicy Semi-Final Match of India v/s Australia

World Cup 2015 Semifinal Australia v/s India Match 

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The love-hate relationship between Australia and India has added extra spice to Thursday’s World Cup semi-final at the Sydney Cricket Ground .

There is no shortage of mutual respect between the two teams but as the two most powerful nations in contemporary cricket, they are also the fiercest of rivals.With players on neither side willing to give any ground, their battle for global supremacy has led to some tense battles on and off the pitch, which have occasionally overheated.

The most infamous clash was during the second match of their 2007-8 series, played at the SCG. India lost the match in the final moments of the last day but that was only the start of the drama. The Indians were furious that a number of key umpiring decisions had gone against them. Then their spinner Harbhajan Singh was charged with racially abusing Australia’s Andrew Symonds in what became known as the ‘Monkeygate’ scandal.

Harbhajan was banned for three matches, further upsetting the Indians, who responded by saying they were abandoning the tour and heading home. The International Cricket Council intervened, the charges were later downgraded and the team agreed to stay. But the rivalry has remained to this day. In the lead-up to the World Cup, the teams played each other in a test and one-day series where tensions again threatened to boil over.