DISCOMs buy electricity from power-producing firms. Power Purchase Agreements are used to make these acquisitions (PPAs). The financial status of the country’s DISCOMs has lately deteriorated. A detailed examination of these firms revealed that they are deeply in debt. Despite the fact that the bulk of these businesses are run by state and federal governments, officials have been unable to resolve the situation. A thorough investigation of the operation of DISCOMs indicated that the reason for such high losses was these firms were unable to match power cost prices with their sale prices.… Read more
Benefits of One Nation One Ration Card Scheme
In light of the COVID-19 epidemic, Nirmala Sitharaman, the finance minister, launched the One Nation One Ration Card Scheme to provide essential food items at reduced costs for the country’s near-poverty or below-poverty population. Under this program, anyone with ration cards or those who qualify under the National Food Security Act can purchase discounted meals from any Fair Price Shop that participates in the Public Distribution System around the nation. All of the states and union territories in the nation are covered by this ration card.… Read more
Penthouse Living: The Latest Urban Trend in India!
Tags: IndiaRealty Guide
In the world of luxury real estate, the penthouse has always held a special place. Offering an elevated lifestyle, breathtaking views, and a unique sense of exclusivity, penthouses have become increasingly popular in India’s urban real estate landscape. The allure of penthouses goes beyond just the status symbol; it’s about experiencing a higher standard of living. In this blog, we’ll explore the growing popularity of penthouses in India and what makes them so desirable.… Read more
Real Estate Investment Insights: City Life vs. Suburban Living!
Tags: IndiaReal Estate
Investing in real estate is a significant financial decision, and it’s essential to make an informed choice. One of the fundamental decisions you’ll need to make is whether to invest in a city or its suburbs. In India, this choice can be particularly challenging given the country’s diverse real estate market and unique regional factors. In this blog, we’ll explore the pros and cons of investing in both cities and suburbs to help you decide where to put your money.… Read more
Understanding Self-Acquired Property in India: A Comprehensive Guide!
Tags: IndiaRealty Guide
Property ownership and inheritance can be complex matters, and it’s essential to have a clear understanding of legal terms and concepts related to property rights in India. “Self-acquired property” is one such term that plays a significant role in property matters. In this blog, we will explore what self-acquired property means in the Indian context, its legal implications, and how it differs from other types of property.… Read more
A Practical Approach to Writing a Property Will!
Tags: IndiaRealty Guide
Writing a will for property is a crucial step in estate planning, ensuring that your assets are distributed as per your wishes after your passing. In India, where property ownership can be complex and inheritance laws vary based on religion and personal laws, a well-drafted will can provide clarity and peace of mind to both you and your heirs. In this blog, we’ll guide you through the essential steps and considerations for writing a will for property in India.… Read more
Breaking Records: India’s Key Infrastructure Sectors Soar by 8% in July!
Tags: IndiaInfrastructureNews
According to official data released by the Commerce and Industry Ministry on August 31, 2023, India’s eight key infrastructure sectors grew by 8% in July 2023, compared to 4.8% in the same month last year. This is a positive sign for the Indian economy, which is still recovering from the COVID-19 pandemic.… Read more
According to a Survey, Real Estate is Still the Top Investment Asset Type in India
Tags: IndiaNewsReal Estate
The demand for pre-move-in homes is way higher than the supply of new ones. That’s according to the latest survey from housing.com and Naredco. It looks at consumer sentiment from January to June 2023 and found that 48% of people prefer real estate investment over other options like stocks, fixed deposits, or gold. Even though income projections are lower, real estate is still the top choice for 48% of people. The G20 summit is expected to have a positive effect on the economy and could shape India’s real estate market through policies, investments, and sustainability.… Read more
A Balancing Act: Challenges vs. Opportunities in Indian Real Estate!
Tags: IndiaReal Estate
The Indian real estate sector, a significant contributor to the country’s economy, has seen its share of challenges and opportunities. As a dynamic industry, it is influenced by various factors, including government policies, economic conditions, and market trends. In this blog, we’ll delve into the key challenges faced by the Indian real estate sector and explore the opportunities that lie ahead.… Read more
Leading the Pack: India’s G20 Presidency Highlights!
Tags: India
India held the presidency of the G20, a group of the world’s 20 largest economies, from December 1, 2022 to November 30, 2023. During its presidency, India focused on the following key themes:… Read more
