Real Estate Investments

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Making the most of your life is every youth dream. When you are dependent on your family, to some extent you get bored of depending.

I met Mr.Raj while travelling from Mumbai to Bangalore. In JW-321, Spice-Jet, I had an hour’s conversation with him. He runs a business in textile. His father was a tailor, and mother was the homemaker, with two younger siblings, who lived in a small shed with 5 members in the home including him. He had a tough time passing early in his school days. As he returned from school, he threw his bag off and sat with his dad tailoring. For me, tailoring, was like he made huge amount stitching good pants and shirts, but Raj bought it in another way, his dad ran a small tailoring industry(assuming)designing towels. He had a bicycle wherein, from the village he used to take the towels and supply in the city, he got bonding in the city with few merchants. Now, Raj developed the interest in making the most of tailoring with his Dad, apart from studying.

Now, comes the interesting part, the air hostess got us coffee, siping the drops into the thirsty throat for Raj, he went expressing his growth of a business. His father was not well to do, earned a month Rs.1500/- which was a big amount with the lot of hard work poured into it. He finished his schooling and got into his diploma course. And he took up a loan to set up business, Raj initially started the business with 4 members, including two younger sisters of him. His business turnover yearly came across 80 lakh, Slowly in the three years his per Month started in “Cr” Now, he owns an independent home in Mumbai and a textile industry with 1000 skilled labours. When I happen to ask, his age to my shock he is in his sweet 25.

This is the real great achievement that has ever gained. Raj thanks, his loan that helped him before to set up business in textile. And then he said me, it’s never too late for you, you can also get a house of your own, plan out for independent home loan and get Free Financial Advice From MoneyMindz.

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Many youngsters, like to go invest for business, there might be different ways to set up. Some like to invest money in real estate. The only idea to invest in real estate is too much more money in near future. Business has both profit and loss, depends on how you carry your idea and implement it. The invest towards real estate investments, be profit only on judging your potential in risking your business, of paying taxes, the cost of owning the real estate, insurance, and the regular maintenance.

In real estate, you can understand the basic factors of the investment, economics, and risk.It’s simply as playing your star game, by investing. To win your Star game, you buy properties, avoid bankruptcy, also rent to buy more properties.

This would be sound but not easy till you set up right things.If you go wrong anywhere, and its a mistake on your side. This could cause a major disaster for your Real Estate Investment. And you would be left broken or unhappy.

Real Estate Investors Make Money in the 3 following Ways:

You can make money, in several ways while you invest in Real Estate.

1. Real Estate Prizing:

In the real estate market, the land around your property, when increases the value due to building a movie theatre or a shopping complex. Now, your real estate must be attractive in number, thus the potential towards your buyers and renters must be attractive on. Real estate is also a tricky game, to more you flow in money investing must be given a thought of both risking your income in profit.

2. The total amount transferred into and out of business:

Real estate investment focuses on buying a property such as an apartment building.Now the apartment is given on rent, the money your tenant pays you for your property is a specific amount of time.Out of business flow of invest would be on the well-run storage units, car washes, apartment maintenance, and much more.

3.Real Estate, Income:

This type of real estate related income is easy to understand because you can gain income through the buying and selling of properties.The real estate brokers could also give you commissions on the same.

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The Goods and Services Tax (GST) is beyond doubt the most revolutionary tax-related reform to be seen in India in several decades, since it will eliminate the conflicting and cascading taxation structures which have confounded several industries over the past few decades. It will most certainly have a profound effect on India’s economic prospects.  

A single indirect tax which covers all goods and services will, in the long run, increase tax collection by making it easier for retailers and several other businesses to comply and also moderate overall taxation levels.

Impact on Residential Real Estate:

Under-construction real estate is covered under GST through works contract and classified as a service. The GST tax rate for under-construction real estate has been set at 12%. Also, it has been clarified that input tax credit will be available for developers to take advantage of and pass on the benefit to the buyers under the anti-profiteering clause of GST.

Impact on developers:

Tax is now 12% with full input tax credit available to developers on construction materials. The final bill is likely to be the same or marginally higher, varying across states as clarity on abatement rules has still not been provided. Some change in terms of changing market dynamics has already brought about a change in developers’ workings. 

Impact on Rental Housing:

Other doubts pertain to the rental housing market, which would naturally be impacted if the Government were to tax residential leases under GST. The common apprehension is that if this were to happen, the rental housing segment may see a huge slump over the medium-term, since residential leases are currently not taxed at all.

Rental yields in major cities are already at around 2-4% on average. Being already low, we would expect rents to hold or maybe decline due to an increase in housing stock. Most investors in the residential sector do not invest for rental yields but rather for the capital value appreciation, so even a drop in yields would not independently impact sentiment. ST is not applicable on rental housing.

Impact on Commercial Real Estate:

Under-construction real estate for sale purposes will attract GST at 12%. This likely to be tax-neutral to slightly negative depending upon states’ prevalent service tax and VAT rules.  For commercial leases, the GST does not talk expressly about this service and hence it is covered under 18% tax rate with full input tax credit and this should turn out to be neutral for this sector. 

Impact on Affordable Housing:

Affordable housing is currently exempt from service tax. It is likely that the government may come out with a clarification regarding the applicability or continuing exemption under the GST.

Impact on Affordable Housing:

Affordable housing is currently exempt from service tax. It is likely that the government may come out with a clarification regarding the applicability or continuing exemption under the GST.

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Today’s senior citizens definitely have more savings and investments compared to their parents, when they were retired, but the cost of living has multiplied manifold. Many of today’s retirees, unlike their parents, do not want to be financially dependent on their children’s earnings. While lifespan has increased, sky rocketing healthcare costs are also a serious concern for senior citizens. For senior citizens the four main investment considerations are:-

    • Protection of capital
    • Liquidity of investments
    • Reducing income tax
    • Keeping up with inflation

In this article we will discuss investment options for senior citizens keeping in these key investment considerations.

Senior Citizens Savings Scheme (SCSS):

This is one of best risk free investment schemes for Senior Citizen. The minimum investment limit in this scheme is 1,000 and the maximum limit is 15 lacs. This investment qualifies for deduction under Section 80C of the IT Act. From a liquidity perspective, the scheme has a period of 5 years and carries an interest rate of 9%, one the highest applicable rates for similar instruments.

A penalty of 1.5% per cent is levied on the amount deposited, in case the deposit is withdrawn before 2 years and 1% if the amount is withdrawn after 2 years, but before the expiry of the term of the investment. While the returns of SCSS are taxable, if the returns from this instrument do not exceed the basic exemption limit of 3 lacs, seniors stand to earn tax-free returns.

Seniors who have their immediate liquidity concerns addressed though other instruments, should try to maximise investments under this scheme using their surplus funds, since this offers attractive returns and capital safety.

Post Office Monthly Income Scheme (POMIS):

This has been a popular investment option with senior citizens for many years. POMIS offers guaranteed 8.5% annualized returns to investors. The maturity period of these schemes is five years. Premature withdrawals are subject to a deduction of 2% of the amount invested if such a withdrawal happens within three years of investment. After three years, the amount of deduction is 1% of the amount invested.

The maximum investment limit in POMIS is only 4.5 lacs in one account in POMIS or 9 lacs if the investor is investing in a joint account. There is no Section 80C benefit for POMIS investment. The interest income from POMIS is taxed as per the income tax slab of the investor. With rising cost of living seniors cannot rely on solely POMIS for their income needs. Nevertheless POMIS remains a good risk free investment option for senior citizens

Bank and Company Fixed Deposits:

Bank Fixed Deposits have always been seen as offering with safety and convenience. Currently the interest rate is in the range of 8 to 9.1%. However, the interest rates are likely to go down in the future as Reserve Bank India implements monetary policy easing. Investors should enquire about interest rates from multiple banks because it differs from bank to bank and can make a significant difference to the final return to the investor.

Interest earned by FDs is fully taxable at the applicable slab rate and tax is deducted at source. Fixed deposit issues from various companies offer higher interest rates than bank fixed deposits. However, such issues are limited and investors should note that they carry credit risk. Investors should check the credit rating of the companies before investing in the company FDs. Fixed deposits from companies rated AA and above are pretty safe and carry low default risk. Investors should be on the look for such issues, as these are good investment options.

Post Office Time Deposits:

Post Office time deposit is in many ways similar to Bank Fixed Deposits. The current annual interest rate for the five year time deposit is 8.4%. Minimum investment is 200, and there is no upper limit. Post Office Time Deposit qualifies for Section 80C deduction under Income Tax Act. The interest on Post Office Time Deposit is however fully taxable, as per the income tax slab of the investor

Mutual Fund Monthly Income Plans:

While capital safety is an important consideration when you are retired, with increasing life spans and high inflation, you cannot totally ignore equities. Mutual fund monthly income plans are excellent investment options for generating higher returns on your investment with limited risks. These plans invest 20 – 30% of their portfolio in equities, to boost the interest earned from debt investments with higher equity returns. 

Liquid funds:

Senior citizens should consider liquid funds as an alternative to savings bank. While having an emergency fund parked in savings bank is essential from a financial planning perspective, if you can wait for a day to withdraw the funds, liquid funds are an excellent alternative to your savings bank account. While savings bank interest is usually around 4%, liquid funds provide returns in the region of 8 – 9%. Every bit of extra income is very useful for senior citizens. 

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We are always biased towards the investments we make. Thanks to internet, one can access different investment avenues and gather all information related to it and also initiate the transaction. But investing is not always about ease of doing it. There are a lot of factors which needs to be understood before making a move.

HERE ARE SOME TIPS TO BECOME A BETTER INVESTOR:

1) WORK ON YOUR RISK MANAGEMENT

To begin with any investment plan , you should first ensure all the basic risk (Life, Health, Accidental and Job loss) is been taken care of. First buy a term insurance, health insurance and create an emergency fund to ensure that your investment plan does not go off track in any of these risk occur. Risk management should be the first step towards planning towards future goals and making an investment decision.

2) GOAL ANALYSIS

Goals are just your dreams with a deadline. It’s vital to know why you are investing before you start. Either you want to retire early? Want to plan for Kids education? Want to travel for vacation? Want to plan for marriage? Think about your financial dependants and financial commitments you have while investing. These goals would define the investment options. For example, if the objective is to buy a car in 1 year then the investment would be debt based instead of equity. Other factor relating to goals is evaluating it. Car worth 5 lakhs today would cost different after 2 years. So one should also ensure the goals are rightly evaluated before planning.

3) RISK APPETITE

Risk is subjective. A 25 year old professional may not be aggressive whereas a 55 years old Retired person may want to take higher risk. There is a traditional mindset that the more younger you are, the more aggressive you should be. But every young guy may not be an aggressive investor. Some may want to have a need of safety and stable growth in the investments. There are various risk appetite analysis tool which can help you identify the risk capacity.

4) DIVERSIFICATION

Key to a successful investment is to diversify it so that the risk can be managed effectively. We often make a mistake in diversification of investments and end up overlapping in similar type of investments. For example, using PPF and EPF as a retirement tool. Now both has similar returns, are a fixed income savings schemes, has specified returns and tenure. So investing in these instruments is not diversification. Diversification means investing in various asset classes (Debt, Equities, Commodities, International Markets) to make your investments more effective and less risky. Spreading your investments would reduce the chance of one investment sinking in your entire portfolio.

5) BE PATIENT, STAY FOCUSED.

Rome wasn’t built in a day, same goes for your investments. Power of compounding works but it takes some time to show its effectiveness. The investments made for long term may not start yielding returns in one or two years. It may take 4-5 years for them to show results. It’s all about waiting for the investments to grow. The more patient you are, more richer you would be.

Often people are tied up with their work routine and do not have enough time to focus on their finances and end up making financial mistakes. Hire a Financial Advisor or a Certified Financial Planner(CFP) who can take care of overall financial aspects and recommend you right option to deploy your savings.  

A On-Call Financial Advisor like Moneymindz can be an ideal bet for you if you are a busy working professional.

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India First Free Online Financial Advisory,  India First Free On-call Financial Advisory, Best Free Financial Advisory

India First Free Online Financial Advisory, India First Free On-call Financial Advisory, Best Free Financial Advisory

We generally have a misconception that I have saved enough for my retirement age and that is enough for me to survive a healthy lifestyle after my regular income is not in place. If you too fall in this category, this blog will debunk your delusion. As a salaried individual or even as a self-employed with decent income and good amount of savings you cannot dream a retirement life which is free of financial snuffs.

The ultimate amount that you save throughout your employment days may not be adequate to bank on for a comfortable retirement.

There are two factors that cannot be avoided and are purely responsible for diminishing your savings

  • INFLATION and
  • VALUE of MONEY.

There are other influencers too, such sharp rise in health care cost and medical emergencies that comes with age but it can be smartly avoided by opting for a health insurance plan.

To give you a better understanding, let’s have a look at the future value of your money. If we assume the inflation rate at 8 percent and your savings is Rs. 10 Lakh-

 ➡ In 2025 it would be worth Rs. 4,63,193
 ➡ In 2035 it would be worth Rs. 2,14,548
 ➡ In 2045 it would be worth Rs. 99,377
 ➡ In 2055 it would be worth Rs. 46,001

The fact and in future too inflation will keep rising and that is something beyond our control but we can definitely beat it by investing in right schemes. Equity mutual fund is one of the best schemes you can opt for. Investing in equities for a longer duration helps you stay ahead of inflation.

Over the last 10 years, the Nifty has returned 16.7% annually compared to the 7% average inflation rate. You can either invest directly or through mutual funds. But for small investors we would suggest to invest through mutual funds, as they are supervised by expert fund managers.

This independence week, attain freedom from your retirement worries and give wings to your desire by taking our 360 degree financial assessment. Financial assessment tool is a unique, proprietary and scientific method that takes a holistic view of all your future financial needs in life, so that funds for your goals like your child’s education, buying a home or your own retirement are available when the need arises.

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India is a nation consisting of people from the poor/middle class and hence will be careful in spending their hard earned money. Simply earning is not good enough; you must also know to effectively channelize your savings in a logical fashion.  

Financial Advisors @ Moneymindz is unique, as it is India’s top financial advisory company assisting people of India in offering financial freedom and advisory mobile applications. Moneymindz is India’s largest financial search engine offering free advices. Many people have been educated @ Moneymindz, regarding financial concepts and financial products under one roof.

An unbelievable financial advice can make a vast difference in your life. Pick up your mobile and give a missed call at 022-62116588.

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Insurance is the major component of any financial market. Everybody likes to make quick money. Hence, insurance agents, having greed for incentives, will try to get more customers at any cost.

Ways  A Good Insurance Advisor Can Mislead You:

Some of the ways in which a good insurance advisor can mislead you are as follows:

Insurance Policy Do Not Match:  You will call the insurance company and person visits your house. You will take up policy, after being mesmerised by the advisor. Later you feel that policies do not match your requirement, and can be very disgusting at times. You will become a victim of Mis-selling.

Hiding Facts: The insurance agent, like to hide negative aspect of the insurance. This will put the customer in a fix and will not get full info on insurance.

I have an Insurance, Hence I’m Safe:

Many people in India think that, since I am having the insurance, I am safe. However, that is not the situation, because various insurance is available for various situations. Hence as a smart customer you must be alert, and choose your insurance smartly.

Sweet Thieves: Insurance companies, where the agents are working will have a bad reputation. At this juncture, company forces the agents to sell products/services using various tricks in the books.

Misleading Advertisements:  You should be on guard against bad advertisements/pamphlets and banner ads. Bad advertisements can destroy reputation of the company, your work.

Bogus Company: Company, where the insurance agent belongs will not be present in India. They will try to attract the customer with extra- customer service. Fraud deals can happen at any situations.

Fake Agents: Most of the agents are very corrupt and will pull up customer’s database and sell the insurance policies. The agents will not have proper license to even take up the position of Insurance advisor.

Super Commissions:   To get extra commission, insurance agent takes multiple applications from a single person. You will have serious problem looking and analysing statements of the policies and will get confused.

Hence you can give us a missed call at 022-62116588 and we will guide you

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MoneyMindz.com India's First Free Online Financial Advisors Financial Advisors
MoneyMindz.com India’s First Free Online Financial Advisors

Education makes a nation strong and more than 90% of Indians are literate. Demand for skilled/educated people for any executive position and beyond has increased and nothing better than quality education. Moneymindz.com is India’s largest financial search engine offering guidance in giving the education loans.

Vitality Of Educational Loans:

A good education loan is the need of the hour in India. Students, not able to pay for higher end courses can get the loans from various banks like State Bank Of India, Indian Bank, Bank Of Baroda, Corporation Bank, Vysya Bank, HDFC Bank, Punjab And Sindh Bank, Andhra Bank, Syndicate Bank, IDBI, ICICI Bank, Bank Of India and other financial institutions in India. Moneymindz is assisting the students in India, to get quality educational loans, without any hassles.

Document Required In Detail For Taking Up Educational Loans in India:

You need the complete documents for taking up the educational loan like:

  • Driving License.
  • PAN Card.
  • Passport
  • Bank Account Statement.
  • Latest Electricity Bills.
  • Latest Mobile Bills.
  • House Rental Agreement.
  • Copy of Admission letter of the college/universities.
  • Xerox of Mark Sheets of SSLC, PUC and Degree Courses.

Conditions To Be Full-filled While Taking Up Education Loan

Some of the conditions to be full filled while taking up educational loans are:

  • Must be a citizen of India
  • Copy of admission letter
  • Must be a recognized course from recognized university
  • Expenses for the course
  • 4 Passport size photographs
  • Statement of bank account for last six months
  • Details of expense of the courses

Duration To Complete Educational Loans:

Maximum tenure to complete educational loans is given below:

Loans up to 8 Lakhs—–Repayment will be up to 10 Years

Loans above 8 Lakhs—- Repayment will be up to 15 Years

Why Choose The Educational Loans In India?

Education is the ideal foundation to have a complete and successful life. Reason behind choosing the successful educational loans in India would be:

Expensive Education:  Cost of education has increased considerably. Due to inflation cost of your son/daughter’s education is challenging to bear. Good education loan helps in overcoming any hurdles.

Easily Available:  Most of the education loans are easily available in India. All public sector banks are offering education loans in India. Your ability to repay will also be taken into consideration.

Advantages of

Good Educational Loans In India:

Some of the advantages of a good educational loan in India are as follows:

  • Anybody having burning desire to study can apply for educational loan
  • Females, and disabled persons are offered concessions in educational loans
  • Loan amount will vary from approx 10 Lakhs to the maximum 20 Lakhs
  • Loans below 4 Lakhs does not require the role of guarantor
  • Loans above 7 lakhs will require security
  • Educational loans are offered to people, willing to take up academic courses in India and foreign nations.
  • Government is sponsoring their unique scheme “Central Scheme Interest Subsidy”, to assist economically backward sections
  • Applicant can repay loan after studies, and locking period is approx 5 or 7 years.
  • Students taking up educational loan will understand value of money.
  • Student will develop excellent credit history, if he/she repays loan on time.

So, indirectly one can have a good financial planning, if one is able to clear a education loan on time.

A missed call will do on the number 022—62116588 / 08049202111 and Moneymindz financial experts will call you immediately.

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MoneyMindz.com India's First Free Online Financial Advisors Initial Public offering (IPO)
MoneyMindz.com India’s First Free Online Financial Advisors

Process of offering the shares/stocks to the people of India is     known as IPO. A unique situation, in which owner of a firm, will offer the ownership to its shareholders.

Who Can Offer The IPO:

Any company cannot offer the IPO. Only some companies in India are following the requirements as per SEBI (Securities And Exchange Board Of India) and companies act can issue the IPO. Some of the conditions are as follows:

  • Good track record of the distributable profits for three years.
  • Company is having a net-worth of approx 1 Crores in the last 3 years.
  • Company and its associate must clear The SEBI guidelines.
  • You must have distributable profit for at-least three years.
  • Net tangible assets must be INR 3 Crores for the next three years
  • You must obtain grading of the IPO from one or more credit rating agencies.
  • Make sure that the paid up equity shares of the companies has been full paid.
  • Company must have a website
  • Post paid up capital of the firm must be at least INR 5 Crores.

Advantages of IPO in India:

Some of the advantages of the IPO in India are given below as follows:

  • Access to the evergreen capital markets in India.
  • Helps the small business founders and capitalists with the chance to take out early investment.
  • Helps the business house to have good public awareness.
  • Company gets recognized and can go for mergers and new acquisitions.
  • Encourages company to be transparent on various issues, by showing all information in the newspapers across India.
  • Helps the company, big/small to have good relationship with customers, suppliers and lenders, to enhance the credibility.
  • Assists companies to have very good/energetic incentive packages for the employees and the management.
  • Public can assess the growth and development of the individual.

DISADVANTAGES OF GOING PUBLIC WITH THE IPO (INITIAL PUBLIC OFFERING)
Some of the negative points, relating to the IPO are mentioned below as follows:

  • Launching an IPO is said to be very expensive.
  • Company will lose all critical information and hence lose control over its resources.
  • Working style of the firm and business tactics will come to the fore.
  • Shareholders will ask for a major share in the company business. Refusing to do it lead to takeovers.
  • The Company loses its flexibility and management will become weak.
  • Marketing strategy and cost will be very heavy on small and average enterprises.

How Initial Public Offering (IPO)Works:

IPO is a very challenging process and procedure is mentioned below as follow:

  • Companies hire an investment bank to do underwriting, a way of raising money, using debt or equity.
  • Underwriters acts as mediators between the public and companies.
  • Company and Investment bank will negotiate regarding security issues and other management related issues.
  • After finalizing the deal, investment bank set up registration statement, submitting the details to the Securities and Exchange Commission (SEC).
  • Registration details consist of company details like core policies, management, financial statements, vision, mission, core issues.
  • Securities and Exchange Commission takes some time to study documents and examine all the documents.
  • After the approval, a date is finalized in which, company will offer the stock to the public.
  • People get appointed like the underwriters, who get commission of 2.5% on underwritten amount.
  • Registers process the application form calculate amount and initiate allotment process.
  • An experienced member of the Stock Exchange is appointed as brokers for marketing purpose. They receive max brokerage charge of 1.5%.
  • Company appoint lawyers to make sure all regulations are complied with.
  • A draft prospectus is created giving info about the company, founders, partners, terms and conditions, modes of financing, profit and loss statements and others.
  • Senior Manager verifies claims and details are filed with SEBI.
  • Prospectus along with the copies of the agreement entered into with underwriter, lawyer, managers, registrars and brokers is filed with the register of companies, where the firm is located.
  • Application form and prospectus are circulated to CEO, MD, Board of Directors, Bankers, Underwriters, and Brokers as well.

Companies in India, big or small, would like to go in for the Initial Public Offering (IPO).

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