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By Pankaj Bansal
According to a report released in August by the Indian Real Estate Industry, the real estate market is all set to reach a market size of $1 trillion by 2030, and will contribute 13 per cent to the GDP by 2025. The report also predicts the market growth to go up to $9.30 billion (about Rs 65,000 crore) by 2040. As per the Department of Promotion of Industry and Internal Trade Policy (DPIIT), the real estate sector is also the third largest sector in terms of FDI flow, it is second largest employment generator, and third largest sector to induce economic growth.
The sector that deals with housing, retain, hospitality and commercial is expanding with multi-fold increase in demand and growth in mandate from urban and semi-urban accommodations. Real estate is ranked third among the 14 major sectors in terms of direct and indirect or induced impact on all the sectors of the economy. The real estate sector is also the second largest sector in terms of employment generation, only after agriculture. It works in short term employment generation as well as long term.
The question is, what is driving the real estate sector in India so aggressively?
Is it the change in the need and mindset of the society for long term investment or it is that the government has decided to relax norms and policies to attract investment in real estate? The answer should be both. In July this year, the Securities and Exchange Board of India (SEBI) had lowered the minimum application value of Real Estate Investment Trusts from Rs 50,000 to Rs 10,000–15,000 to make the market accessible to small and retail investors. Even the co-living market in the top 30 cities, primarily metros, is set to grow almost double -- to about $14 billion from the current size of $6.70 billion.
Board of India (SEBI) had lowered the minimum application value of Real Estate Investment Trusts from Rs 50,000 to Rs 10,000–15,000 to make the market accessible to small and retail investors. | Photo by CHUTTERSNAP on Unsplash
According to another report by Savills India, the real estate demand for data centres is also increasing -- by 15-18 million square feet by 2025. The Central government has also given impetus to the sector by deciding to build 20 million affordable houses in urban areas across the country by the end of FY 2023. This is being done under Prime Minister Narendra Modi's Pradhan Mantri Awas Yojana (PMAY) scheme under the Ministry of Housing and Urban Affairs.
Going by various reports, Indian real estate sector attracted $5 billion institutional investments in 2020 itself, which is equivalent to 93 per cent of the transactions recorded in the previous year, and even the private equity recorded investments worth $3,240 million across around 20 deals in Q4 of FY 2021. As per the report from the DPIIT, construction sector is the third largest in terms of FDI inflow. The sector attracted $51.5 billion FDI between April 2020 and June 2021. Moreover, in Q3 of FY 2021, the housing sector stood at 62,800 units, which is an increase by 113 per cent YoY across all the top seven cities, as compared to 29,520 units in Q3 of 2020.
In Q3 of FY 2021, the housing sector stood at 62,800 units, which is an increase by 113 per cent YoY across all the top seven cities, as compared to 29,520 units in Q3 of 2020. | Photo by Carlos Muza on Unsplash
Of the seven cities, Mumbai accounted for 33 per cent of total sales, followed by the National Capital Region at 16 per cent. According to a JLL Report, between January and March this year, Noida accounted for 55 per cent of net absorption, followed by Gurugram at 38 per cent. Delhi-NCR has also been witnessing sharp increase in demand for office space.
Due to low mortgage rates and incentives extended by the developers, demand for residential real estate revived in Q4 of 2021. Blackstone, which is one of the largest private market investors in India managing about $50 billion of market value in the real estate sector, is looking to invest another $22 billion in the next 10 years. With all the above, the government initiatives will be the game changer. The 100 smart cities project is a commendable opportunity for the real estate sector. The tax deduction of up to Rs 1.50 lakh on interest on housing loan, and tax holiday for affordable housing projects have been extended until fiscal 2021-22.
Due to low mortgage rates and incentives extended by the developers, demand for residential real estate revived in Q4 of 2021. | Photo by Tierra Mallorca on Unsplash
Income tax relief measures for real estate developers and home-buyers for primary purchase/sale of residential units of value up to Rs 2 crore from November 12, 2020 to June 30, 2021 have been quite successful. The government has also set up the Alternate Investment Fund (AIF) that is set to revive around 1,600 stalled housing projects across the top cities in the country. The Union cabinet has approved the setting up of Rs 25,000 crore for the said purpose. The creation of AIF in the National Housing Bank and approval of 425 SEZs are going to further pump up the real estate market.
Finally, SEBI has also given its approval for the Real Estate Investment Trust (REIT) platform, which will allow all kind of investors to invest in the Indian real estate market. This is expected to create an opportunity worth $19.65 billion in the Indian market in the coming years. Knowing that there is a shortage of 10 million units in the urban areas and further knowing that 25 million units of affordable housing will be required by 2030, who can stop real estate sector to hold a minimum 13 per cent contribution in the GDP of the Indian economy? (IANS/ MBI)
Keywords: real estate, opportunity, government, india, investment, urban, housing, market, sector
Between zoom meetings, webinars, you're walking a tight rope to balance work from home and domestic chores, in all this its easy to forget about taking care of yourself. It's imperative to squeeze in a few hours to indulge in yourself, whether its a massage or a hair spa treatment.
It comes with a range of accessories which includes the 40mm Airwrap long barrels, 30mm Airwra barrels, a Firm smoothing brush, a Soft smoothing brush, a Round volumising brush, the Pre-styling dryer, a non-slip heat-resistant mat to place your styler on, a Storage case and even a Filter cleaning brush. A Storage bag (Iron/Fuchsia) securely stores your Dyson Airwrap when you're on the move.
The different styling attachments cater to unique hair needs and are designed for different hair styles. | File
The different styling attachments cater to unique hair needs and are designed for different hair styles. For instance the 30 mm barrels create and set voluminous curls. With clockwise and counter-clockwise barrels for symmetrical curls. The 40 mm barrels create and set loose curls or waves. The Firm smoothing brush creates a straighter style with less frizz ad fewer flyways, with firm bristles engineered to control unruly, frizz prone hair. The pre- styling dryer takes hair from wet to damp, ready for styling. The round volumizing brush directs air into the hair to give body, and the bristles create tension to shape hair as it dries, Ideal for limp, flat hair. To create a sooth, blow-dry finish. With soft bristles engineered to be gentle on the scalp.
It features three precise airflow speeds, to suit your styling and four precise heat settings, including constant cold shot. The cold shot immediately deactivates the heating element, for cooler air to set your style. The Coanda to curl barrels harness an aerodynamic phenomenon and the Coanda to smooth which uses Dyson brushes to attract hair to the surface of the brush, propelling air along the hair strands for a smooth, straighter style. It's powered by the Dyson digital motor V9, a 13-blade impeller spins at up to 110,000rpm, generating 3.2kPa. Powerful enough to produce the air pressure needed to create the Coanda effect. The intelligent heat control measures airflow temperature over 40 times a second, intelligently controlling the heating element to keep the temperature under a 150 degree Celsius. Preventing extreme heat damage. "Great styling and takes lesser effort than the usual blow drying. Saving lots of visits to the salon, absolutely love it!" says a salon regular who switched her weekly visits to the salon for the at home Dyson experience. (IANS/ MBI)
Keywords: Dyson, hair, hair styles, styling, airflow, non-slip heat-resistant mat, Pre-styling dryer, olumising brush, smoothing brush, Dyson Airwrap
Everyone wants to be a millionaire. It is a dream that most people will have thought about sometime during their lifetime, however, the thought is often dismissed because it seems too unrealistic. Cryptocurrency has created more millionaires than anything else, with the likes of Bitcoin, Dogecoin, Shiba Inu turning small-time investors into millionaires. If you had invested $100 on its debut day you would now be in the top 1% of the wealthiest households in the USA. Dogelon Mars and HUH Token are two relatively new cryptocurrencies, but HUH Token is a newer addition to the crypto game as it is still in its presale stage. This may change very soon though as the allocated tokens for the presale are running out FAST.
How did $100 turn into millions?
So, you are probably wondering, how on earth did $100 turn into millions of dollars in just 15 months. Well, let’s take a closer look. On Aug. 1, 2020, Shiba Inu meme coin became available for trade on select cryptocurrency exchanges with a first-day value of $0.00000000051 per token. 15 months later, on October 31st, the Shiba tokens had a value of $0.00007163. If math is not your thing, don’t worry we have you covered! Your $100 dollar would be worth $14,045,098. Yep, that number is over $14 million. That is a mammoth amount of profit to be made in just 15 months.
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Unfortunately, a lot of people missed the Shiba Inu boat, and so now everyone is looking for the next best thing. So, what’s more likely to make you a crypto millionaire in 15 months, will it be Dogelon Mars or HUH Token?
Doubtful Dogelon Mars
The meme coin Dogelon Mars (ELON) is based on Dogecoin (DOGE) and Tesla CEO Elon Musk. In 2021, the currency had massive price fluctuations, and some feel it still has room to grow. How high can ELON's value go? Will the price, as the name indicates, soar to Mars?
Also Read: Indian Dilemma About The Cryptocurrency
Any meme coins aiming to outperform the market and attain a price target of $0.01 will make investors rich. However, in the case of Dogelon Mars, this is quite unlikely. The market cap of the token would be nearly $5.5 trillion if it reached $0.01 right now. A market capitalization of $5.5 trillion would be almost 5 times the size of Bitcoin and nearly double the size of the whole cryptocurrency industry. As more coins enter circulation, this becomes increasingly difficult.
Although a $0.01 ELON would make a lot of people millionaires, this price is very difficult to achieve. The maximum supply is just too much to meet the goal price.
Hopeful HUH Token
HUH Token is a new cryptocurrency that is currently in its presale stage. However, it is unlikely to be in the presale stage for much longer as the allocated tokens are running out fast. HUH Token has several elements that are attracting the attention of those in the crypto community.
First off, the creators have established a unique and simple to use referral system that allows holders to have two separate streams of income. It works like this - if you refer someone, you will receive 10% of their first purchase. Also, the referee will save money on sales fees, which will reduce from 20% to 10%. Holders can refer as many people as they like and continuously earn 10% of each first purchase. This is a huge deal as holders can make money for doing absolutely nothing, and they are in charge of this process as they can hand out their unique code as many times as they like.
Holders can refer as many people as they like and continuously earn 10% of each first purchase.
Shiba Inu are a perfect example of why it pays off to get in early. HUH Token is currently offering the following in its presale:
1. There is no 15% purchase tax.
2. Throughout the project's launch, the creators will airdrop extra tokens.
3. Additionally, holders will receive a 25% bonus of HUH Tokens on top of their first purchase.
With these incentives in mind, it's easy to see why HUH Token has had such a massive surge of deposits.
It is impossible to predict how well Dogelon Mars and HUH Token will do. However, if you do your research you will see that some cryptocurrencies present more potential than others. In this instance, HUH Token is demonstrating all the right signs that it could make its holders millions of dollars. Time will tell.
Remember, this is not financial advice and you should be careful when investing in cryptocurrency. Always do your own research.
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Disclaimer: (This article is sponsored and includes some commercial links)
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For those in the know, cryptocurrency represents an extraordinary financial opportunity; one of the most profitable and probably widespread characteristics of decentralised money is its capacity to disseminate enthusiasm. This creates an atmosphere unlike any other, in which attention is almost a commodity. Attention is valuable, and one of the most effective mechanisms for capitalising on focused attention is via memes. HUH Token and GM Wagmi are two cryptocurrencies that strive to apply this method.
GM Wagmi ($GM) derives its name from the slang term 'gm,' which means "good morning." It embodies a community mentality in decentralised finance; everyone is cheerful and positive, welcoming one another on a daily basis. It is intended to exemplify a friendly environment for all crypto aficionados. On the other hand, there is 'gn', which means "good night" and is used for the exact same purpose.
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The second half of this coin's name is WAGMI, which stands for "We Are All Gonna Make It". This apparently represents the cryptocurrency community as a happy and expanding family committed to being strong and nice to one another.
GM Wagmi is now trading at about $0.000368 USD and has a 24-hour trading volume of around $36,502,023 USD. This data is provided by CoinMarketCap. GM Wagmi currently trades on the following major cryptocurrency exchanges: OKEx, Bybit, Gate.io, ZT, and Bitrue. $GM is an ERC20 token based on the Ethereum Network. $GM was one of the first tokens to be launched in an entirely transparent manner, with no presale, whitelist, or team tokens. 50% of the supply was burnt upon launch, while the other 50% was brought to liquidity through uniswap and locked.
Also Read: Cryptocurrency And How It Is Used For
This token has no use at the moment; it is merely a positive community meme. While this is a more appealing notion than other popular meme currencies like Doge and Shiba Inu, it does not make it a good investment strategy.
The referrer receives 10% of the new HUH Token holder's first purchase via this referral scheme.
Rather than attempting to remove memes, absorption is a more successful strategy. The HUH Token is a self-described "Utimeme" that aims to leverage the enormous potential of social broadcast via the use of an NFT platforms and a robust smart contract. Along with a significant social backing, it has a unique recommendation method based on smart chains. This permits the purchaser of the HUH Token to recommend however many number of people they desire, who do not yet own the HUH Token, using a code produced during the purchase process. The referrer receives 10% of the new HUH Token holder's first purchase via this referral scheme. This 10% is allocated as Ethereum or Binance coin, depending on the exchange used to complete the transaction. This is essential because it allows coin holders to earn passive income while also enhancing wallet strength via the usage of several cryptocurrencies. Additionally, the value of the HUH Token increases with time in the wallet, which means that the more tokens you hold, the more tokens you get.
In terms of cryptocurrency stability and security, the HUH Token has locked in a sum of $1,000,000 in liquidity for at least two years on the blockchain. This liquidity is distributed evenly between the token's two exchanges, Uniswap and PancakeSwap.
Additionally, this coin has been audited by Shellbox and Solidity Finance, with the Certik audit anticipated to be completed by the end of this week. The HUH Token white paper will be issued this week too, which will aid in defining the brand's objectives and functions.
The HUH Token presale will complete in a few days and has already attracted an astounding quantity of deposits that are nearing completion. As usual, use caution when making financial choices and properly investigate your alternatives; this material is not financial advice and is intended for educational reasons only.
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Disclaimer: (This article is sponsored and includes some commercial links)
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