Joint Venture (JV) Deal

 What is a Joint Venture (JV) Deal?

Off late demand for joint ventures in real estate has been increasing exponentially. In real estate, JV means that a project is developed by two parties jointly. For example, one party is the land owner and the other party is a developer. Land owner either does not have funds and/or expertise to develop the property and developer does not want to block his funds by purchasing the land. Through JV land owner contributes land to the partnership and the developer builds the structure. When the project generates revenue, it is divided between land owner and developer in an agreed proportion.

The reasons behind forming a joint venture include business expansion, development of new products, opportunity to discover new market, accessibility to established markets and distribution channels.

Joint Venture model is mutually beneficial for both land owner and developer.

For example, consider a piece of land that is 10,000 sq ft in size located on 40 feet road. At INR1,000 per sq ft, this land is valued at INR1 crore. The land owner can sell this land for INR1 crore if he finds a buyer which is difficult in this market. The other option for the land owner is to get into a joint venture with a developer. If he forms a JV on 10,000 sq ft land on 40 feet road a G+3 building can be built. Approximately 26,000 sq ft that can be constructed by the builder on this land at a cost of INR 1,300 per sq ft. At this rate, the construction of the building will cost approximately INR3.4 crores. Based on the cost of land and construction cost, land owner will get INR10 lakhs as advance (that is 10% of land value) and 20% share in the building. And this building will take approximately 10 months – 1 year to be completed.

Joint venture property development is growing popular. For a landowner, developing a property with a joint venture agreement yields more profit instead of just selling the block of land directly to a property developer. Most property developers and landowners are used to sourcing funds for construction projects by means of traditional methods which typically involves raising capital either selling some part of the land or taking loan from a bank or a combination of both.


PMS Realtors
Melur-625106
Madurai, Tamil Nadu
Mob: 9042045934
pmsrealtorsmdu@gmail.com
www.pmsreal-estate.blogspot.com

realestate tips

 Why Madurai is good for realestate investment?

  1. Madurai is a popular tourist spot
  2. 4 national highways, namely NH-7, NH-45B, NH-49 and NH-208, pass by this city.
  3. Longest bridge constructed in madurai
  4. 4 Bus stands, 3 Libraries, 1 Highcourt & 5 Hills

Disadvantages of Gated Communities:

  1. High Maintenance Costs
  2. 10%-40% higher Expensive cost of living
  3. Inconvenience for Guests
  4. Difficulties in online order Deliveries
  5. Situated away from the central locations, commuting may be difficult.
  6. Leads to less heterogeneous economic diversity, since you wall off access to economic opportunities to those who can’t afford it
  7. Far less spontaneity / serendipity, than living in a a diverse neighborhood.
  8. Longer waiting times at the entrance
  9. Physical separation of the rich from the poor

 Real estate statistics facts & figures:
  1. World's second-highest number of households about 248,408,494 households in India
  2. Highest rising demand for urban housing
  3. realestate sector is the 2nd highest employment generation in india
  4. India is the 3rd largest construction market in the world
  5. Indian Economy growth in various segments (2014 vs Now)
    Infra spending:
    2009-14 - ₹1.57 Lakh Cr
    2019-24 - ₹33.3 Lakh Cr
    Wealth Created:
    2009-2014 - ₹ 13 Lakh Cr
    2019 -2023 - ₹ 165 Lakh Cr
    Metro construction Speed:
    2004-2014 - 0.5 Km /Month
    2014-2023 - 6.0 Km /Month
  6. 462 million internet users, India is the second-largest online market in the world. 
  7. The market for real estate is expected to grow from ₹12,000 crores in 2019 to ₹65,000 crores in 2040 and contribute to almost 13% of the country’s GDP by 2025.
  8. Of these, 20 million Indians search for homes online every month. 
  9. Almost 53 per cent of the total real estate transactions in India is influenced by the internet.

For More Query Please Contact us: +91 9042045934

For More Details Requires Please WhatsApp here : 7708661011

Mobiles:

 +91 9042045934, 9677429089, +917708661011, 

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email: 

sevajothitrust@gmail.com

https://pmsreal-estate.blogspot.com/

land owners for JV join hands reach us :- pmsrealtorsmdu@gmail.com

Merits of going online/Web based application:


Merits of going online/Web based application:

  • Global presence and expand your business.
  • Website work for you 24/7.
  • Accessibility from anywhere around the globe.
  • Increase your customers.
  • Increase name recognition and exposure.
  • Increase communication with you customers or members
  • Today everyone's on the Internet nearly 3 crore Indians are online and the internet business is growing by the day. (As per Juxt Consult India Online 07)
  • Office & transportation cost savings.
  • Very inexpensive way to reach new markets.
  • Your business now has an extra outlet for taking orders.
  • Less expensive. More ROI. Immediate results.
  • Multi-user - Can be used by any no. of users connected to internet simultaneously.
  • No client side software installations.
  • Easy to use.
  • Fast and easy way to sales & customer support.
  • More options for your e-Business.
  • Minimal startup time & investment.
  • A sign of professionalism.
  • The most environmentally friendly way to run a business. Telecommuting reduces the number of cars and car miles. You can test your sales strategies and offerings without wasting precious paper. Put your invoices, newsletters and catalogs online and save numerous trees

 




II. Benefits from Training

  • Increased job satisfaction and morale among employees
  • Increased motivation, commitment, staff retention and team spirit
  • Time management
  • Customer satisfaction.
  • Increased efficiencies in processes, resulting in financial gain
  • Increased capacity to adopt new technologies and methods
  • Increased innovation in strategies and products
  • Reduced employee turnover
  • Enhanced company image, e.g., conducting ethics training
  • Risk management, e.g., training about sexual harassment, diversity training
  • Training has a positive effect on mental health and physical health
  • Training can increase the likelihood of commercial survival
  • Skills development can play an important role in reducing poverty
  • Training can lead to reduced crime and repeat offending rates
III. Website advantages:
  • Reducing the number of brochures that your company needs to produce.
  • An online products database which is quick, easy and inexpensive to modify.
  • Automated collection of orders, payments and customer details.
  • Providing a timesaving shopping experience for customers.
  • Providing answers to frequently asked questions thus saving staff time
  • Accessing information about customer buying patterns and purchases thus providing further marketing opportunities
  • Automated collection of orders, payments and customer details
  • An on line database of products which is quick, easy and inexpensive to modify
  • Improved communication by email which is professional and convenient, and is significantly better than leaving messages on answering machines

Our Initiatives

கீரைகளும்_அதன் முக்கிய_பயன்களும்:


🌿அகத்திக்கீரை- ரத்தத்தை சுத்தமாக்கி பித்தத்தை தெளியவைக்கும்.
🌿காசினிக்கீரை- சிறுநீரகத்தை நன்கு செயல்பட வைக்கும். உடல் வெப்பத்தை தணிக்கும்.
🌿சிறுபசலைக்கீரை- சருமநோய்களைத் தீர்க்கும் பால்வினை நோயை குணமாக்கும்.
🌿பசலைக்கீரை- தசைகளை பலமடையச் செய்யும்.
🌿கொடிபசலைக்கீரை- வெள்ளை விலக்கும் நீர் கடுப்பை நீக்கும்.
🌿மஞ்சள் கரிசலை- கல்லீரலை பலமாக்கும், காமாலையை விலக்கும்.
🌿குப்பைகீரை- பசியைத்தூண்டும்.வீக்கம் வத்தவைக்கும்.
🌿அரைக்கீரை- ஆண்மையை பெருக்கும்.
🌿புளியங்கீரை- சோகையை விலக்கும், கண்நோய் சரியாக்கும்.
🌿பிண்ணாருக்குகீரை- வெட்டையை, நீர்கடுப்பை நீக்கும்.
🌿பரட்டைக்கீரை- பித்தம், கபம் போன்ற நோய்களை விலக்கும்.
🌿பொன்னாங்கன்னி கீரை- உடல் அழகையும், கண்ஒளியையும் அதிகரிக்கும்.
🌿சுக்கா கீரை- ரத்த அழுத்தத்தை சீர்செய்யும், சிரங்கு மூலத்தை போக்கும்.
🌿வெள்ளை கரிசலைக்கீரை- ரத்தசோகையை நீக்கும்.
🌿முருங்கைக்கீரை- நீரிழிவை நீக்கும், கண்கள், உடல் பலம்பெறும்.
🌿வல்லாரை கீரை- மூளைக்கு பலம் தரும்.
🌿முடக்கத்தான்கீரை- கை, கால் முடக்கம் நீக்கும் வாயு விலகும்.
🌿புண்ணக்கீரை- சிரங்கும், சீதளமும் விலக்கும்.
🌿புதினாக்கீரை- ரத்தத்தை சுத்தம் செய்யும், அஜீரணத்தை போக்கும்.
🌿நஞ்சுமுண்டான் கீரை- விஷம் முறிக்கும்.
🌿தும்பைகீரை- அசதி, சோம்பல் நீக்கும்.
🌿முரங்கைகீரை- சளி, இருமலை துளைத்தெரியும்.
🌿முள்ளங்கிகீரை- நீரடைப்பு நீக்கும்.
🌿பருப்புகீரை- பித்தம் விலக்கும், உடல் சூட்டை தணிக்கும்.
🌿புளிச்சகீரை- கல்லீரலை பலமாக்கும், மாலைக்கண் நோயை விலக்கும், ஆண்மை பலம் தரும்.
🌿மணலிக்கீரை- வாதத்தை விலக்கும், கபத்தை கரைக்கும்.
🌿மணத்தக்காளி கீரை- வாய் மற்றும் வயிற்றுப்புண் குணமாக்கும், தேமல் போக்கும்.
🌿முளைக்கீரை- பசியை ஏற்படுத்தும், நரம்பு பலமடையும்.
🌿சக்கரவர்த்தி கீரை- தாது விருத்தியாகும்.
🌿வெந்தயக்கீரை- மலச்சிக்கலை நீக்கும், மண்ணீரல், கல்லீரலை பலமாக்கும். வாத, காச நோய்களை விலக்கும்.
🌿தூதுவலை- ஆண்மை தரும். சருமநோயை விலக்கும். சளித்தொல்லை நீக்கும்.
🌿தவசிக்கீரை- இருமலை போக்கும்.
🌿சாணக்கீரை- காயம் ஆற்றும்.
🌿வெள்ளைக்கீரை- தாய்பாலை பெருக்கும்.
🌿விழுதிக்கீரை- பசியைத்தூண்டும்.
🌿கொடிகாசினிகீரை- பித்தம் தணிக்கும்.
🌿துயிளிக்கீரை- வெள்ளை வெட்டை விலக்கும்.
🌿துத்திக்கீரை- வாய், வயிற்றுப்புண் அகற்றும். வெள்ளை மூலம் விலக்கும்.
🌿காரகொட்டிக்கீரை- மூலநோயை போக்கும். சீதபேதியை நிறுத்தும்.
🌿மூக்கு தட்டைகீரை- சளியை அகற்றும்.
🌿நருதாளிகீரை- ஆண்மையைப் பெருக்கும், வாய்ப்புண் அகற்றும்.

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நுரையீரலை சுத்தம் செய்வது

72 மணி நேரத்தில் நுரையீரலை சுத்தம் செய்வது எப்படி?
நுரையீரல் பாதிக்கின்ற அளவிற்கு ஒருசிலர் எந்த கெட்ட பழக்கத்தையும் தொடர்வதில்லை. ஆனால் அவர்களுக்கு நுரையீரல் தொடர்பான பிரச்னை இருக்கும்.
இது ஒவ்வொருவரின் எதிர்பாற்றலை பொறுத்து மாறுப்படும். மூன்றே நாளில் உங்களின் நுரையீரலை எளிமையான முறையில் சுத்தம் செய்யலாம். இதோ, அதற்கான வழிகள்...
* சுத்தம் செய்ய வேண்டிய நிலைக்கு வரும்போது முதலில் பால் பொருட்கள் அனைத்தையும் சாப்பிடுவதை நிறுத்த வேண்டும்.
* முதல் நாளுக்கு முன் இரவு தூங்க செல்லும் முன் ஒரு கப் மூலிகை டீ குடிக்க வேண்டும். இது உடலிருக்கும் நச்சுக்களை வெளியேற்ற உதவும்.
* முதல் நாள், காலை உணவுக்கு முன்பு 300 மில்லி நீரில் 2 எலுமிச்சை பழத்தை பிழிந்து குடிக்கலாம்.
* இரண்டாம் நாள், காலை வேளையில் அன்னாசி பழ சாறை அருந்தலாம்.
* மூன்றாம் நாள், காலை உணவுக்கும் மதிய உணவுக்கும் இடையில் 300 மில்லி கேரட் ஜூஸை குடிக்கலாம்.
* உண்ணும் உணவில் அதிகமான பொட்டாஷியம் நிறைந்த உணவுகளை சாப்பிடும் போது உடலிலிருக்கும் நச்சுக்கள் வெளியேறும். மூலிகை டீ குடிப்பதால் நுரையீரலில் எந்த தொற்றும் ஏற்படாமல் பாதுகாக்கும்.
* தினமும் 20 நிமிடங்கள் குளிப்பதால் உடலிலிருந்து வியர்வை அதிகளவில் வெளியேறும். வியர்வையின் மூலமாக நச்சுக்களும் வெளிவரும். காலை மற்றும் மாலை என குளிப்பதை 10 நிமிடங்களாக பிரித்துக் கொள்ளலாம்.* 5 துளி யூக்கலிப்டஸ் தைலத்தை நீரில் விட்டும் குளிக்கலாம். வாரம் ஒருமுறை யூக்கலிப்டஸ் தைலத்தை 2 நிமிடங்கள் வரை சுவாசிக்கலாம்.

Home Loan Eligibility and documents

Loan Details
  • Rate of Interest differs according to the profile of the customer i.e company name, Salary.
  • Loan amount varies from 50,000 to 35,00,000
  • Processing Fees is the charges which bank incur while processing of Loan. It's between 1% - 4% of the loan amount.
  • Personal loan has a specific repayment schedule 1 to 5 years
  • Equated monthly Installment (EMI) comprise of Principal and Interest it is a fixed payment owed each month to repay the Loan
Eligibility Criteria
  • You should be either salaried , self employed or professional
  • You must be aged between 22 - 59, have a bank account and have some monthly Income
  • You must not have a history of bad credit or your loan should not be declined in Last 3 months
  • You should have some monthly repaying capacity
  • if you decide not to proceed with your Personal Loan application, Our Home loan/ Auto Loan/ Loan Against Property could help you get the money you need.
  • You can improve your Credit Score by maintaining a good credit history. This will be viewed favorably by lenders and it can be done with 6 simple rules:
    1. Always pay your dues on time
      Late payments are viewed negatively by lenders
       
    2. Keep your balances low
      Always prudent to not use too much credit, control your utilization
       
    3. Maintain a healthy mix of credit 
      It is better to have a healthy mix of secured (such as home loan, auto loan) and unsecured loans (such as personal loan, credit cards). Too many unsecured loans may be viewed negatively.
       
    4. Apply for new credit in moderation
      You don’t want to seem Credit Hungry; apply for new credit cautiously
       
    5. Monitor your co-signed, guaranteed and joint accounts monthly 
      In co-signed, guaranteed or jointly held accounts, you are held equally liable for missed payments. Your joint holder’s (or the guaranteed individual) negligence could affect your ability to access credit when you need it
       
    6. Review you credit history frequently throughout the year 
      Purchase your CIR from time to time to avoid unpleasant surprises in the form of a rejected loan application
Home Loan documents
Salaried Individuals
  • Salary slip/Form 16 A.
  • A photocopy of the first and last pages of Ration card or copy of PAN/Telephone/Electricity bills.
  • A photocopy of Investments (FD Certificates, Shares, any fixed asset etc. or any other documents supporting the financial background of the borrower.
  • A photocopy of LIC policies with the latest premium payment receipts (if any).
  • Photographs (as applicable).
  • A photocopy of bank statement for the last six months.
Self-Employed/Businessmen
  • A brief introduction of Business/Profession.
  • Balance Sheet, Profit and Loss account and statement of income with Income Tax returns for the last 3 years certified by a CA.
  • A photocopy of Advance Tax payments (if applicable).
  • A photocopy of Registration Certificate of estatblishment under shops and Establishments Act/Factories Act.
  • A photocopy of Registration Certificate for deduction of Profession Tax (if applicable).
  • Bank statements of Current and Saving accounts for the last 6 months.
  • A photocopy of Certificate of Practice(if applicable).
  • A photocopy of any bank loan (if applicable).
  • A photocopy of the first and last pages of the Ration card or a copy of PAN/Telephone/Electricity Bills.
  • A photocopy of LIC policy (if applicable).
  • A photocopy of LIC policy (if applicable).
If a flat is purchased from the builder
  • Original copy of your agreement with the builder.
  • 7/12 extract or property register card of the land under construction.
  • Index II extract of your agreement with the builder.
  • Copy of N.A. permission for the land from the collector.
  • Search and title report (with the details of documents) for the last 30 years.
  • Development agreement between the owner of land and the builder.
  • Copy of order under the Urban Land Ceiling Act.
  • Copy of building plans sanctioned by the competent authority.
  • Commencement certificate granted by Corporation / Nagar Palika.
  • Building completion certificate(if available).
  • The latest receipts of taxes paid.
  • Partnership deed or memorandum of association of the builders firm.
If the property is being purchased is in a Cooperative Society
  • Original share certificate of the Society.
  • Allotment letter from the society in your name.
  • Copy of the lease deed, if executed .
  • Certificate of the registration of the society.
  • Copy of the byelaws of the society.
  • No objection certificate from the society.
  • 7/12 extract or property register card in the society's name.
  • Copy of N.A permission for the land from the collector.
  • Search and title report(with the details of documents) for the last 30 years.
  • Copy of order under the Urban Land Ceiling Act.
  • Copy of the building plans sanctioned by the competent authority.
  • Commencement certificate granted by Corporation / Nagar Palika.
  • The latest receipts of taxes paid.
  • Original Agreement to assign / Deed of assignment.
If constructing on own land
  • Original sale deed of land and extract of Index II.
  • 12 extract or property register card in your name.
  • Copy of N.A. permission for land from the collector.
  • Search and title report (with the details of documents) for the last 30 years.
  • Copy of order under Urban Land Ceiling Act.
  • Copy of the building plans sanctioned by the competent authority.
  • Building permission granted by Corporation / Nagar Palika.
  • The latest receipts of taxes paid.
  • Estimate of cost of construction certified by the architect.

Precautions while applying for new passports and seeking jobs outside India.


  • While applying for a new passport, fill up the application form and pay the money at the counter of the Passport office personally, instead of the self proclaimed agents loitering outside.
  • There are no authorized agents appointed by the Passport Authority.
  • Passports cannot be SOLD. Touts may try it on you, but remember traveling on a bogus Passport is Illegal.
  • Look for the registration number of the recruiting agents on all advertisements for jobs outside India.
  • Insist on seeing the original registration certificate of the agent and check its validity before handing over your passport.
  • Get your passport, valid visa, travel tickets and ensure completion of all immigration formalities before handing over full payment.
  • Payment should be made only to the authorized agents and receipt thereof must always be obtained.
  • The job seeker should know that the agent is bound to give employment to the candidate within 60 days from making the final payment.
  • Prior agreement should be made regarding the type of job and terms of agreement should be gone through carefully.
  • In the event of any foul play, the job seeker should immediately contact the local police station

Tips For Relocating

1. Research the school district in the area to which you will be
moving. This will help you narrow down potential neighborhoods
for your home search. Most cities have school information
on-line which makes it easy to evaluate and compare school report
cards, academic programs, sports programs, music programs and
special needs. Write down phone numbers so that you can make a
personal visit to the school during your home hunting trip.
2. If you have children who have particular hobbies or play
sports, you may also want to research local facilities and
programs. This may also narrow your home search.
3. Locate a realtor that will be ready to help when you arrive.
A good realtor will ask the right questions in advance so that
they can show you homes in the neighborhoods that will best suit
your family's needs.
4. In advance of your home-hunting trip, get a list of the local
lenders from your realtor. Not only will it be important to have
a pre-approval letter with you in order to make an offer on a
home, but using a local lender can be a blessing if there are any
last minute issues at closing.
5. When you arrive for your home-hunting trip, use the time to
also check out daycare facilities, elderly care, after school
care, or any other special needs you may have.
6. Bring measurements of your furniture with you during your
home-hunting trip. It's highly unlikely that every piece of
furniture you own will suit your new home, but having the size of
the major pieces with you will certainly help wean out those that
will be completely unsuitable. Obviously, this means you need to
take a tape measure with you also!
7. Keep important papers in your possession - do not pack them!
Birth certificates, marriage licenses, stock certificates,
divorce decrees, custody papers, passports, social security
cards, etc. should all be brought with you. Anything that may be
required to register your children in school, close on your home,
or would be difficult to replace should be brought with you.
Shot records, social security numbers, birth certificates, and in
the case of divorce, child custody papers are generally a
requirement to register children in school.
8. Get copies of all medical records, including any important
x-rays such as mammograms, to bring with you to your new home.
There may be a small charge for this, but it is worth it for the
continuity of your medical history.
9. Ditto with school records; some schools will only send them
directly to the new school, but you can give them written
permission in advance to do this. The new school can of course
request the records at registration, but it is much better for
purposes of planning your child's curriculum to have them at the
new school as quickly as possible.
10. Make a list of the phone numbers of all the people/companies
you need to call to cancel service in your old home. This
includes cable, phone and utilities, but don't forget lawn care,
daycare, cleaning people, etc. When you are ready to leave and
all of your paperwork is packed and on a truck, you will not be
wracking your brain trying to remember who you are supposed to
call. Your realtor should be able to provide you with a list of
all the services you may need -cable, phone, electric, gas, etc.
- in your new home.

Article Source: http://EzineArticles.com/45711

1. Make and use lists. We all forget things, even after remembering them several times. Put them on that list during one of these times. Make a list of things to do before the move, including getting school documents transferred, filling out change of address forms, returning borrowed books and movies, transferring prescriptions, getting maps, and arranging utility shut offs and start ups.

2. Call the moving company and make the reservation a month ahead. You don't want to discover that they are booked up on the date you need them. We found out that the type of van we wanted wasn't available, but this was easily resolved because we started the process early.

3. Sell and throw away things. Carefully consider what you need to keep. Many people spend hundreds of dollars to move things that will probably be thrown away some day. It isn't just about the expense either, but also about the hassle. When you are moving and especially when you are relocating to another city - this is the best time to get rid of the things you really don't need.

4. Have a rummage sale. This is a good way to get rid of those things, and you might even raise enough money to pay for the move. Again, it is best to be rid of your things before the move. We went to a after-the-move rummage sale the other day. What a shame to pack and pay to move all those things just to have to work to sell them for pennies later.

5. Start packing early. not only is it difficult to predict how long it will take until you are doing it, but you never know how much time you'll have later. Starting early means avoiding running around looking for boxes and packing materials at the last moment.

6. Pack an "essentials" box for when you arrive at your new home. This should have the things you need to make your arrival easier, like toilet paper, paper plates, soap and such. Carry the box where it is easily accessible.

7. Let everyone know where you are relocating to. Give family and friends of your new address and phone number(s), and do this before you have the current phone shut off. Call all your credit card companies with your new address. Change the address on any subscriptions too.

8. Check weather reports for moving day. You don't want to arrive in a snowstorm with your coat packed away somewhere. You will also need to allow for extra moving time if the weather is going to slow down traffic.

9. Save all your receipts. Keep receipts for moving expenses, like gas, hotel rooms, and anything else related to moving and relocating. Ask your accountant or tax preparer if you are eligible for a tax deduction for moving expenses. Usually you are, if the move is for employment purposes.

10. When you move into your new home, try to reestablish your routines quickly. If Friday night is normally movie night, don't break with the tradition. Moving and relocating are less traumatic if you have some consistency in daily life. If you're moving with children, this could be one of the more important moving tips.
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