Budding Author: 2016

Sunday 12 June 2016

Real Estate Investment in India by NRIs

Real estate investment in India is a Fairy-tale . When whole world had negative vibes spewing across the minds of the investors, Indian real estate got all the accolades for keeping the investors faith intact. Thanks to the Govt and the ever growing economy, real estate still remains to be the favorite investment option in India. We all know that real estate provides the highest returns, the greatest values and the least risk.

Investment options are plenty, hence choosing the correct one became tough. Here online portals and real estate consultants becomes your advisors. Apartments starting from 8 lakhs in Pune have certainly made every NRI to think about investing. These days affordable segment became more competitive than any other segment as NRIs has started to invest in bulk units.

Schemes of 5:95 and quick documentation for loans bought many more young investors into fray. No wonder that recent survey held by a private organisation showed that more than 75% of NRIs are looking to invest in real estate in India. It shows the potential of Indian real estate market. Any real estate investment is said to test temperament as ability to hold becomes more important to reap maximum benefits in terms of higher capital gain and tax benefits.

Most of the NRIs find the renting their homes painful as finding tenants, collecting rent, maintenance, tax payments withers thrones in the way of rental income. But thanks to many startups, all the tasks become hassle free. Nestaway, a startup firm managing renting of apartments says that 70% of their stocks belong to NRIs. They also states that there are properties under them which has fetched 25% rental return.

Dreams of NRIs to have another source of income with ease opened wings after a long time thanks to startups.

Monday 4 April 2016

Hirearkhy - A pain killer for the recruitment world

We all have gone through the pains of recruitment, either being an employer or employee. Consultants, online portals, referrals, campus recruitment etc remained to be the resort for recruiters and job hunters. Even though demand for quality candidates reached all time high, supply chain succumbed to pains of recruitment.

In the current circumstances, there are three types of job hunters; one who is very choosy, another one who accepts whatever he gets and looks for a change later and lastly, who thinks there are no jobs available for him/her. On the other side of the coin, there are recruiters who judge those. They classify them to 100 types. Qualified, dud 1, dud 2 and 97 more duds. In an average, a recruiter spends just 6 seconds on a resume. Yes, you just have 6 secs to give them the first impression. Once you are short listed, your journey of frustration begins. Either it can be in the form of time taken or can be in the form of levels of interview or even in the form of lack of coordination.

Among all the chaos, we thought online job portals could serve our needs. To some extent, it had helped. But candidates who meet the requirements were very less. Even though advanced search option pulled many profiles, there were very few who could be shortlisted.

Time was ticking and there were start-ups who worked on this with the help of advanced technology. ‘Hirearkhy’, a Bangalore based start-up with 6 full time employee has developed a system based on the machine learning algorithm which is currently on a testing stage with 10 companies. They are different from the existing job portals and procedures for patent rights for their algorithm have already started. Their system was inspired from the dating sites, hence hirearkhy boast about matchmaking between employer and a candidate. Corporate world is said to have an eye on hirearkhy which is supposed to reduce the recruitment pain drastically. Founder, Ravi Krishna and Siddeque are ecstatic about the prospects of their system and investors are already in talks with them.

-Abinas Bangalore

Withered Soul

Memories bestowed on her heart;

Once broken, broken to bleed.
Deep blue sky gives her the hope,
Leaves shredded trees inspires her strength.
Once green, hope for another spring.

Lonely pavements wither her soul
Once stung, never the same.
Breeze freezes her veins,
Once smitten for him.
Skeptical of another warmth.

Every breath murmurs her pain,
Every pain taught her to live,
Every sunrise made her bold,
Every feat lights her future,
Found the lost, rejoiced as new.

-Abinas Bangalore