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LEGALLY SPEAKING: Transfer of Property: Sale Deed or Gift Deed or Will or Relinquishment Deed.

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Source: Online TOI  Sale deed or gift deed – which is better when transferring property? Do you know the difference between a relinquishment deed and will? Let our experts decode different types of property-related legal jargon Transfer of property is an act of conveying property from one person to another, in present or future. According to Section 8 of the Transfer of Property Act 1882, by transferring property, transfer or transfers all rights in a property. The four modes of transferring ownership of the property include – sale deed, gift deed, relinquishment deed and will. HOW TO CHOOSE THE MODE OF TRANSFER: The mode of transfer of an immovable property will depend upon the nature of the transfer. “In case of transfer for monetary consideration, sale deed is the only method, which can be adopted. However, in case a property is to be transferred without any monetary consideration and out of natural love and affection, the transfer should be done through a gift dee

How Pune became a global startup hub riding on these companies

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Source: your story The growth of Pune's startup ecosystem has been led by its wide tech talent pool, Maharashtra’s innovation-friendly policies, and other factors. The Centre for American Entrepreneurship recently identified it as an ‘emerging global startup hub’. Pune , a satellite city about 75 miles from India’s financial capital Mumbai, has picked up a few monikers over the years – ‘Oxford of the East’, ‘ Maharashtra’s cultural capital’, ‘India’s upcoming metro’, and more.  Sometime in 2013, when India was on the brink of a startup revolution, a UK-based journalist travelling to the city found it “fresh and almost Californian in its energy”. “ Pune is to Bangalore what Austin, Texas, is to Silicon Valley, California — a hotbed of innovation with a more affordable standard of living, ” he wrote. And, the city has lived up to the hyperbole.  In a 2018 report titled  Rise of the Global Startup City , the Center for American Entrepreneurship described  Pune as an emerging startup

Office real estate booming & defying the slowdown

A multinational bidding war for ownership of the iconic 10-storey ‘Citi Centre’ building in the heart of Mumbai’s prime business district, the Bandra Kurla Complex (BKC), played out for four months far away from public glare. K Raheja Corp. finally came on top in July, overtaking South Korean Mirae Asset Global Investment which put up a spirited fight till the end. What this deal signalled is that the who’s who of Indian and foreign real estate world is furiously chasing one of the most valued products on offer in the country at the moment — premium office space. At a time when thousands of residential homes find no takers, the race for a select few office buildings may seem curious. In many ways, it has all fallen into place this year for commercial real estate, from blockbuster transactions, a historic high in office space leasing, and most significantly, the launch of the country’s first real estate investment trust (REIT) in March. The fact that it has unfolded in the midst of an

Appreciation received from renowned builders.

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Greetings to all, I am delighted to share our achievements in REAL ESTATE INDUSTRY appreciated by renowned Builders. thanks for all great support, will always keep learning and will put more efforts to improve and provide better services. Further, We are also professional real estate consultant having experience of more than decade & half and can assist in entire process related to PROPERTY IN INDIA and can be a complete one stop solution of above discussed various procedures and even assist in getting following services with our collaboration with very experienced legal advisers to conclude any such transaction smoothly. OUR BROKERING SERVICES: Real Estate Brokering and consulting services (Buy/Sell & Lease High ticket Properties in  Pune, Panchgani, Mahabaleshwer, Lonavala, Mumbai & Goa  cities of India.)  We provide brokering consulting services in both Residential & Commercial properties.   Residential includes Pune Properties - Pune Property,

52 startups in India are potential unicorns

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India is home to the world’s third largest startup ecosystem, having added over 1,300 tech startups in 2019 Number of Indian unicorns could increase to 95-105 by 2025, says Nasscom president Debjani Ghosh Bengaluru:  The first eight months of the year saw the birth of seven unicorns in India’s startup ecosystem, software industry body Nasscom said in a report, even as 52 others which have received over $50 million investments wait to join the list. The number of India’s  potential unicorns —a term to describe startups valued at $1 billion—more than tripled from 15 last year to 52 in 2019, becoming the world’s largest pipeline of unicorns in the making,  Nasscom  said in its report ‘Indian Tech Start-up Ecosystem – Leading Tech in the 20s’. India’s newest unicorns include Delhivery, a logistics startup; Icertis, which provides cloud-based enterprise contract management; Dream11, a gaming startup; Druva, which provides cloud data protection and management; Ola Electric,

Co-living’ – changing the face of rented accommodation in India

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Millennials are putting an end to housing woes by opting for co-living spaces, which offer the ease of living and a vibrant community with like-minded people. Millennials are known for moving around. They job-hop for better opportunities, which is partly due to economic realities outside their control. Most millennials are known to switch jobs once in one to three years, which sometimes require switching cities, leading to changing homes. It is rare to find millennials who have not spent hours looking for that perfect house to live in, at the right price, location, and with the right people. The truth is there are hardly any ideal options in the traditional rental housing system, which is why this new trend of co-living is gaining traction. Most people initially are hesitant about taking new accommodation on their own, given their unfamiliarity with the new place and city. The most convenient option at the time is moving in with relatives. However, that’s an option that most pe

phonepe: $30 billion of proof that India's tech scene is back

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Walmart is mulling to demerge PhonePe —the payment system and digital wallet company of Flipkart - so that its ownership will be vested directly with the US retail behemoth, offering some hope for the country’s long-awaited tech renaissance. Source: Bloomberg By Tim Culpan  India’s largest startup is ready to birth its own unicorn . That’d be unusual anywhere, but that it’s happening in India offers some hope for the country’s long-awaited tech renaissance. This is also great news for Walmart Inc. The U.S. retail behemoth paid   $16 billion for 77%  of India e-commerce company Flipkart Group in May last year. That deal included payments unit PhonePe — an early pioneer in the digital-wallet business — which Flipkart had acquired two years earlier. Now Walmart is engineering a spinoff as part of a $1 billion funding round that could value payment unit at up to $10 billion and give the retailer an 82% stake in PhonePe and Flipkart, India’s Economic Times reported. From one $20.

Current slowdown in India is a remarkable investment opportunity, says Blackstone CEO

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Stephen Schwarzman, chairman, CEO and co-founder, Blackstone. India is currently experiencing a slowdown but still remains a great long-term play and the current decline in the Indian economy is a remarkable opportunity to invest more capital in the country , says Stephen Schwarzman, chairman, chief executive officer and co-founder of Blackstone. Edited excerpts from an interview given on CNBC TV18. What are your views about global slowdown ? It is pretty clear that globally the economy is slowing down at different rates in different parts of the world. Just starting with US, which is the biggest economy as a country, we are slowing in manufacturing but we still have a full employment economy, we still have high levels of consumer confidence and consumers create 70% or maybe even a little more of the economy in the US. So if manufacturing, which is roughly 11%, is a little slower, in fact, going down then we can still keep growing for quite some time unless there is some

It's always right or good time to invest in properties in rapidly developing INDIA

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Dear Friends, it has quite sometime that i am again writing as has been very busy in my core business of consulting property buyers to purchase properties in  Pune , India. here, just thought to write topic of right or good time for investing properties in India as from last few years or months, lot of ups & downs are happening in the world economy and Indian economy so many people are asking this question continuously.. first i strongly believe that investing in Indian real estate will reap great appreciation for next 10 years, if investors can hold their investment till this period or till right time. Now, here are reasons to back or support my point that Indian real estate has great potential to give handsome returns are 1) One Of the fastest Developing Country 2) Real Demand 3) Inflation 4) Income Growth 1) India is one of the fastest growing country in world currently which makes it more attractive as when country is developing, it will never get fall in longer run as everyth

Microsoft employees will now be able to work from a tree house

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Working for some of the world’s largest tech firms means long hours and high pressure, but there are some perks. Googlers get to use the company's slides, games, beanbags, and other cool stuff when they’re taking a break, while Amazon staff will soon be able to enjoy the three giant biodomes at its company HQ. Not wanting to be left out, Microsoft is building tree houses for its employees. At the Windows maker’s Redmond, Washington campus, Microsoft has built three wooden tree houses in the branches of Pacific Northwest Douglas firs. Builder Pete Nelson, from the TV show “Treehouse Masters,” created the “branch-based meeting spaces,” which the company says are “more Hobbit than HQ, with cinnamon-colored shingles and a gingerbread-house feel.” Two of the tree houses are now open to all employees, with the third one set to open later this year. They’re more advanced than your usual backyard versions, featuring weatherproof benches containing power supplies for plugging in d