Real estate is quite an important part of our journey as civilised human beings. The reason herein is that shelter is quite a basic human need and it has been the same for centuries. Nowadays we have huge properties which are bought not only for staying purposes but also as part of investment. Property returns are very high and people can earn a lot of money by just buying a flat in a developing area. The money doubles and even multiplies up to many times if you invest it correctly. Yes, there had come a time in the United States when real estate decelerated and the worth went down in leaps. However, India is far from that phase.
To understand the importance of real estate you need to study the number of real estate projects popping up daily. This shows that there is ample demand in the market for developers to build so many projects. For a proper idea, go to the property expo in Mumbai. You would be amazed to see the number of builders who have formed their stalls here to give you property advice.
The MCHI in Mumbai
There is an exhibition of real estate going on in Mumbai which is better known as MCHI and is CREDAI accredited. This MCHI-CREDAI Mumbai is quite a big deal in itself as this is a silver jubilee celebration and is an amalgamation of the best minds in real estate construction. All the properties which are out for sale would be vying for a top spot in this real estate expo. It is a two way benefit for both buyers as well as those selling. There is a good opportunity for sale and the amount of sale that happens in this kind of a platform is usually more than the usual for some stalwarts.
The buyers gain in a way that they have many more people to talk to and resolve doubts that they might have had. They could also have access to banking professionals in this real estate expo and they could seek guidance for loan options. Since the expo is CREDAI certified, it makes no sense to doubt any of the participating builders for they are only the best.
In conclusion
Go and visit this property exhibition as it is one of a kind. You will surely be amazed to see the various kinds of projects here and might get more options than what you had previously. Talking to others in the same situation might help you learn more and save yourself from committing mistakes. Mumbai has undoubtedly wooed us with this gesture and we would recommend the rest of the country to follow in the same steps.
Dealing with a loved one’s will can be a difficult and emotional process, even more so if we feel people feel that they have been treated unfairly in that will. Recently, more and more of us are finding ourselves caught up in disputes over inheritances. While calling in the lawyers can seem like the only way to resolve things, that too can affect how much money people end up with. Legal fees can eat away at an estate – sometimes leaving families with no inheritance to speak of at all.
Straight from the pages of a novel
A plot point in Charles Dickens’ novel Bleak House centres on a family at war over a will. The Jarndyce’s eventually spend more in legal fees than the entire value of the estate that they are fighting over. When Dickens wrote his novel, it was an observation of the flawed Victorian legal system. While this particular dispute was born from a man’s imagination, real families are finding their selves in legal battles that are all too similar.
Cases like this have made it into the news
Just a couple of years ago, it was revealed that the family of Peter Ustinov were still battling over his estate nine years after his death. It’s hard to think there would be much left for them after almost a decade of lawyer’s fees and other costs. One can also imagine the huge emotional strain it would put on a family too.
Dealing with a will often comes hand in hand with the loss of a loved one, an emotionally charged situation at the best of times – so it’s not surprising that disputes can happen. Could a family such as Ustinov’s ever recover from almost a decade of warring with each other though? Sadly, it’s hard to imagine their relationship being able to withstand that kind of strain. It’s not just the rich and famous getting caught up in these kind of disputes though – it’s happening to more and more normal families too.
Protecting yourself
An estate that seems simple can still throw up some problems, especially as the laws surrounding wills are so complex. An executor of a will can find themselves being targeted by beneficiaries, estate creditors and other officials. So how can people protect themselves from such costly legal battles? Executor’s insurance grants protection to the executor of a will. Covering you in a wide ranges of scenarios, it can halt a potentially costly legal battle in its tracks. This will then allow you to get on with the task at hand without the worry of facing legal action.
Don’t throw it all away
It’s human nature to fight for what we believe is rightfully ours, and a dispute such as the one regarding Peter Ustinov’s estate proves no differently. What some of us are doing though, is throwing any potential inheritance away by getting caught up in lengthy and costly legal battles; battles that not only ruin bank balances, but family relationships too. With the right protection though, these kinds of battles can be avoided. Losing a loved one is hard enough – so it seems ridiculous that so many of us are then going on to squander their last gift to us in the courtroom.
Peter Collins is a director at LFC Risk and Insurance, an Essex company that provides business and individuals with bespoke insurance and risk management solutions.
Tags: budgeting, cost, currency, economy, estate, fees, money, planning, property
Budgeting, Financial Planning, Money, Property
It is very difficult to find apartments these days because most people are coming to India for education and job purposes and people want to buy more than 1 apartment just because the projects and properties look very promising. Even the builders of this country as well as each and every city have specialized in making projects for the Indian public according to their demand, their choices and their preferences. Moreover the real estate industry of this country is a strong one and also a developed one. Hence more and more people are coming to India in search for good apartments. Even though the entire country has unstoppable demand for projects there are some cities that have a crazy demand for apartments and are regarded to have higher demand than other cities.
Kolkata is one such city which is supposedly having the highest demand in current times. The reason for this could be the amazing universities and colleges in the city. Lots of students look for universities and colleges that will provide them a brighter future and a better life and such promising colleges can be found in Kolkata. Other reason for people going to Kolkata is that the living expenses in the city are next to nothing. You can easily afford a 1BHK for rent in Kolkata. There are good colleges and universities in Mumbai and Pune too but the living expenses and the day to day expenses of the city are very high and hence one can simply not afford to spend much. The rates in Kolkata are affordable but that does not mean that the quality of apartments is not good. The quality and space factor of the apartments is classic with an abundant of space in the apartment and strong buildings.
There are some more reasons why people generally shift to Kolkata. The companies and the offices that are situated in this city are providing excellent salary packages and that attracts most fresh graduates and people who are not very happy with their existing job to come and apply in these companies. When such people go to the city, they go to the city in the view of settling there and hence in few years they start looking for a permanent job and they shift from their 1BHK for rent in Kolkata to a 2 BHK or 3 BHK depending on the size of their family. This finally leads to populating the city and hence there is a demand for more and more apartments in the city.
If you are going to Kolkata soon then you might want to pre book an apartment or pre book a flat on rent through the real estate portals on the internet. The real estate portals are also known as the property websites and the housing websites. They provide you every detail about the real estate industry. Right from looking for a flat on sale to looking for a rented apartment or a serviced flat you can do anything and everything related to the real estate industry. You can even look for land on sale on these websites. These websites have so many users that they have officially surpassed the company websites. With their various features you can post an advertisement of your flat and can post a request of the flat you wish to have. When looking for a flat in Kolkata simply type “1BHK for rent in Kolkata” and press the search button. Wait for the results to pop up and once they are in front of you evaluate every option and then take your decision.
No one wants to really think about financial planning while in college but it is something that has to be considered anyway. You need to be certain that you are going to move far when it comes to getting more out of your money over time. Here are a few things to consider when getting your finances planned while you are in college.
Consider Making a Regular Deposit
You may want to reserve a certain amount of money each month for a savings account or another type of fund that will grow in size based on interest payments. If you deposit more money over time then you will end up getting more interest over time as the principal will keep on adding up within time. This is a great long-term planning solution as you will get more interest back if you save early on while in college versus saving later on in your life.
Prepare a Good Budget
You have to create a sensible budget for when you’re going to get your college plans managed. A budget needs to be prepared with plenty of logical points relating to such things as what types of debts you owe, what utilities you have to pay off and what you need to get in your daily life.
If you really want something but it is not necessary then you will have to consider sticking with keeping them off the budget. That is, you should not try to spend money on stuff you don’t need if you have a little bit of money to work with.
Check With IRA Providers
It is never too early to consider getting an IRA. You can always contact a financial services provider to see if you can get an IRA prepared in your name. This will allow you to invest your money in mutual funds and other items that can increase in value over time. This can provide you with plenty of money for the future plus some potential tax benefits. Be aware though that mutual funds and other investments can be at risk of losing money over time so talk with an expert to see what may work right for your demands as they come about.
Watch For Your Loans
You may want to take a careful look at the loans you have. You may want to use interest-only payments on your student loans so you can keep from bearing with even higher interest charges over time, thus potentially reducing the total amount of money you’d spend on your student loans. Also, finding easy scholarships to apply for will decrease the amount of loans you need to take out.
Also, you must organize any loans for a home, car or other item with care and set aside a certain amount of money each month for payments on your loans. Make sure you keep your loans as a top priority to ensure that it will not be all that hard for you to get your payments managed with care.
Financial planning is a critical point for you to think about when it comes to your life. Make sure that you understand what you need to do in order to prepare for your financial future while in college so you will be perfectly prepared for whatever might come about over time.
iFOREX is an established online trading platform. Though its establishment was in the year 1996, the venture into the online trading had its launch in 2004.The trading platform was developed by like-minded bankers and Forex traders and has ever since grown to be a recognized and respected firm in its industry of operation. Regulated in Europe by the CYSEC and PSZAF, iFOREX is one company that still has much to offer to the finance world. This review on IFOREX will expound on its financial impact.
Much as iFOREX specializes in the commodity and index trading, it also has a lot to present in the trade of currency pairs. Forex markets to much surprise are ten times larger than stock markets. And iFOREX has not been left behind in this progress. It offers and still continues to offer trade in currency pairs ranging from the exotic currencies to the least popular ones in the market.
The Best Sides of iFOREX
iFOREX offers three trading platforms to its customers. These include the Fxnetplatform, web based trading platform, and the mobile platform. The mobile trading platform, which is the newest, offers customers with an integrated trading experience while on the move. And with the revamping of the platform, customers are promised a serene trading experience like no other.
iFOREX presents customers with an up to date analysis of the financial markets on a daily basis. Furthermore, forecasts to that regard will enable you make better choices when it comes to trading. To add on, with its account managers, a user can be sure of proper assistance and account management. You are provided with advisory services and have a 24-hour support system in place for your inquiries. You, therefore, have 24 hour trading from Sunday night to Friday night, accompanied by trading support.
Financial benefits of trading with iFOREX compared to other trading platforms are as follows:
-
You are provided with a clear view of trading and the costs associated. Like any trading venture, transparency is desired. iFOREX does not have hidden fees. Furthermore, when trading, you can hedge and have future profits payments alongside a customized leverage.
-
You are assured of a continued development in technology to help with risk management. This is especially so when the markets hit volatile situations. Apart from the technological advancements, the trading platform features timely margin protection. To add on, there are risk management precautions put in place to ensure that a negative balance in your account is avoided.
Overall, review on iFOREX shows that it is a trading platform that has much to offer to the financial world. It has an upright technological improvement and applications with vast currencies traded on a daily basis. Furthermore, proper precautions are put in place so that you may enjoy your trading experience. Also, the transparency of the trading and the viable financial forecasts present a customer with much-needed information to make decisions. This trading platform is definitely the one to watch in the coming years.
0 Comments 
Real estate is quite an important part of our journey as civilised human beings. The reason herein is that shelter is quite a basic human need and it has been the same for centuries. Nowadays we have huge properties which are bought not only for staying purposes but also as part of investment. Property returns are very high and people can earn a lot of money by just buying a flat in a developing area. The money doubles and even multiplies up to many times if you invest it correctly. Yes, there had come a time in the United States when real estate decelerated and the worth went down in leaps. However, India is far from that phase.
