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vinayakproperties · 3 years

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Real Estate is a Good Investment

Everyone thinks of their savings and tries to search for innovative methods to increase their income and wealth. Nowadays, people have several investment options like mutual funds, stock market, gold, fixed deposits, venture capital, and many more. But no other options are reached for an option of real estate investment. Worldwide, people are predicting that the real estate option is a good and safe investment.

Even though it faces brief setbacks, it further withstands as the best investment option and continues its growth over time. However, the average income of most of the Indian cities has risen, which offers incentives to prepare for the future and makes real estate the perfect investment option. Hence the Indian real estate market started to rebound. For example, you can find the top real estate company West Bengal. Moreover, the scarcity of land in various cities across the country provides you with a huge profit just by investing in a small apartment. This profit is received either by rental income or by selling it with a profit margin in a period.

Real Estate Vs. Stocks

Even though stocks are a well-known investment option, real estate is also the best choice to invest in, which is not known for most of them. In fact, under the right circumstances, real estate companies Kolkata offers yield better returns, lower risk, and greater diversification than stocks. Depending on the financial situation, risk tolerance, goals, and investment style, the investment is either real estate or stocks. Both of them have different risks and opportunities.

It takes less time and money to buy and sell stocks and is also safe to assume. They are subject to market, economic, and inflationary risks. Hence more people invest in the stock market. However, buying real estate needs more money and time but provides a passive income stream and the potential for substantial appreciation.

Purchasing the stocks means that buying a tiny piece of that company. So, you can earn money by the value appreciation as the company’s stock rises and dividends. Whereas buying real estate means acquiring physical land or property. Most of the investors earn money by collecting rents and through appreciation as the land value rises. There is a possibility to expand the holdings as the real estate can be leveraged.

A few points to consider for buying real estate are that it needs a lot of research and cannot expect immediate results and returns. It’s not an asset that is easily liquidated and can be cashed even if you are in a bind. Apart, the rental properties had a risk of handling repairs or managing rentals. The real estate companies Kolkata do good research and manage the repairs and rentals perfectly. The cost is also a big issue to deal with tenants. Coming to stocks risks, they are economical, market, and inflationary risks. Due to the fluctuations in the market prices, stock values can be extremely volatile.

Five Main Reasons Why Real Estate is a Good Investment

1. Can Leverage Your Investment

There are a few other investment methods that need more investment than you expect. For example, if you want to invest in stocks with a particular investment, you can get stocks according to your investment. Whereas in real estate, you can invest the less amount and the balancing amount by applying for a loan and can clear the amount by instalments. Hence you can own a property with less investment, and for further days you can clear the total amount.

2. Can Force Appreciation

Compared to other investment methods, real estate can be forced to appreciate. Real estate can appreciate naturally by maintaining the home perfectly. With this maintenance, real estate appreciates an average of 3%-5% a year. This appreciation was increased by making renovations or repairs. You can work with a licensed appraiser or real estate agent to find the best renovations and increase the appreciation. Renovations can be adding the room, finishing the basement, or any minor kitchen and bathroom renovations that can drastically affect a home’s worth. But some renovations can pay you back a huge amount of 80-90% of the money you invested.

3. Get Tax Benefits

Real estate investors have an advantage of various tax write-offs. When you become the business owner and rent it out, you can write it as follows:

Maintenance expenses

Depreciation

The mortgage interest paid on the loan

Real estate taxes, homeowners’ insurance, and HOA dues.

Origination points are paid on loan.

Ask the tax advisor regularly before you write expenses off. It shows real estate is the best investment option.

3. Can Earn Regular Cash Flow

When you own a real estate property, you can rent it out and earn money monthly, increasing your profits. However, by buying the best property with all facilities, you can earn more money. The top real estate company West Bengal provides you with the best property which fulfils customer needs.

4. May Feel Financially Secure

Investing in real estate makes you own a property. So, you can feel more secure by this property. Due to any negative impacts, you can lose your business profits or fall to less income. But the housing usually remains constant and gives monthly rents, and even when you sell it, you can have a huge amount than you invest. This huge amount will help you when you are in retirement. The real estate companies Kolkata are highly experienced and provide you with a secured property. So, people feel more secure in investing in safe real estate investment.

Bottom Line -

The real estate companies Kolkata such as Vinayak properties have the best options to explore and invest in. So, look for the same and opt for good investment options for a secure future.

#realestate #realtor #realestateagent #home #property #luxurylifestyle

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srivrocont · 3 years

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21 Assets That Will Make You Rich and Wealthy

Hi,

Greeting from Workforce Kolkata...!!!

Building wealth and investing is a kind of thing that everyone must practice. Here we will discuss about Top 21 Assets That Can Make You Rich and Wealthy. These are termed as assets. Assets are termed as any useful or economic resources of the person that provides financial aid to them. There are many ways to generate assets for you to maintain financial stability. So buckle up, we are gonna learn about few assets that can make you rich or are making people rich all over the world.

Here first 10 Assets which definitely as you for money and last 11 Assets which is absolutely free. Usually most of time when we discuss about assets then money definitely required but here we are sharing 11 assets name where money not required.

Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. In this book author describe about Assets & Liabilities a new formula. Author saying that Assets are those who can make money for you instead of increase your expenses. Those peoples who already read the book but unable to understand which assets are absolutely free and where we should invest our money, we'll discuss herewith. below we are starting those common assets where we need to send money. So, lets begin :

1# Business :

if i ask anyone that what is risk in present market then most of people will reply that Business, because here we've develop a new Brand entry is difficult, but the same questing if i ask to an Entrepreneur then he'll reply that risk is depending on single earning source, so create your business

7 Advantages to create a Business compare to Jobs

we have already seen that many peoples those are neither Highly Educated nor Smart nor Extra Ordinary but still they are earning huge in staying in home because they have side incomes. in our present country richest persons are Business Man not a service people. So focus on create Business.

2# Real Estate

This is definitely a favorite thing on the list and probably the easiest way to make money. Imagine having money everyone month in the form of rent without even doing anything, how cool is that? The demand is constantly increasing and the price for the real estate is directly proportional to it.

Earth, we'll are aware that we cant create the land and due to population increment demand of Land & Real Estate will always increase. so value of Land will always increase. hence my suggestion to definitely invest in Real Estate.

3# Paper Assets (Stock, Bond & Mutual Fund) :

When the business or even the government is in need of money, they issue something called bonds. Through these bonds, the interested investors buy it and the business or the government pays them the money every month. If you are looking for a low-risk investment, then you can finally opt for it.

What is Paper Assets and How to invest

Finology.in, one example has shown that if we invest Rs-10,000 just before 30-35years ago then today it'll valued by 600 Crores, if you think that on that time 10K was very huge amount then if you invest 1K then it'll now 60Crores or you invest Rs-100 then today's value in 6Cr. So start investing in Paper Assets.

4# Commodities :

These things have the most fluctuating value in the market. Smart people buy these when the price is low and sell it when it generates higher value in the market. It might be anything like gold, crypto, currency, oil, vintage cars, luxury watches, arts, etc.

we all are aware that Gold & Silver is staying with us from more than 1000 years and after 1000 yeas it'll also stay with us. and price of these commodities will never fall. so recalculate your balance sheet and start investing in Gold & Silver.

Investment Guide to Gold & Silver

5# Cash :

Yes the foremost thing is very basic, which is cash. This is a priority and having some liquidated value is always good for certain unforeseen circumstances. Also, it can get you higher returns straight from cash deals.

and we'll are aware that Cash sometimes provided a very Good and advantage deal for us, so definitely you should carry 6 Months of your monthly income as Cash or Bank Balance.

6# Equipment & Accessories :

Anything that makes you generate money out of it is an asset or that makes you help make money in your professions. For example, a laptop is an asset for a businessman, a camera is an asset for a photographer, a car is an asset for a car driver. But a car isn’t an asset for someone who purchased it for personal purposes, it is a liability. So, make sure to understand the difference between these before investing.

7# Intellectual Properties :

there are four things in Intellectual Properties :

Copy Right

Patents

Trademarks

Trade secrets

8# Create a Brand & Goodwill :

A brand and its reputation are everything and it generates the goodwill which makes the customer attached to it. It is not easy to make goodwill and this also holds the monetary value which is usually a huge amount. It is an intangible value of a certain company that makes them reputed.

we know that a simple thing when we going to purchase from Local Market its cheaper but the same when purchase from Malls / Online, its amount is much higher because of Brand. the reason is Brand development is not a small thing but when we create it'll provide me life long earning.

9# Network :

When Dhirubhai Ambani was just an beginner stage he went to a 5 start Hotel for a cup of tea, when his friends asked reason he sinply reply that he just wants to know that How the rich peoples Behavior , how they live, how they enjoy their life and moments. Basically he just wants to create Network.

Because our Strong Network is always helps you to go ahead.

10# Create Your Own Content & Website :

It might take you a year or two to write a book but once you are done with it, it will help you generate a good amount of money. Just think about JK Rowling, the writer of the famous Harry Potter series. The same goes for the song or digital content. The concept of creating something once by putting your heart and soul into it will benefit you for a very long time.

by creating a simple website we can sell products, review about the products. its little expensive and time taking but in long tenure Online Business can provide you unlimited source of income. Here we can create a Brand

11# Your Time :

the most important thing in this world, which cannot purchase by anyone which once gone it'll gone forever. if you have the time now so utilize it properly. Now you have wishes you have energy to do something new, something creative so utilize it properly because once you old on that time you have money but you cannot enjoy it then it would be worthless for you.

so its time for best investment invest for yourself. when you have nothing you have time to utilize properly.

12# Friends & Family :

We all are aware that at the time of emergency on true Friends & absolutely our Family will stay behind of us. They always help you anytime and every-time definitely because good and strong relationship. our Friends and Family is most valuable assets of our life.

So, always communicate with them, conveyance them about your dream and passion and show your efforts and outcome results then they will always support you. So, always keep Good communication with them.

13# Your Skills :

if a person lost everything Money, Home, Bank Balance, Factory everything but still he can establish Himself/Herself on anywhere in this world. if he is a Skillful Person, if he learning a good Skill. So always develop your Skill learn something new Skills.

Every organization hiring new employees on different type position, here you can understand that they always hire Skilled person, So, here you can understand the power of Skill. Most of people saying that Jobs are not available in Market but in present Market showing that Skill full peoples are reason behind the same.

14# Knowledge :

We'll are know that Knowledge is always gives you the opportunities. If you have good knowledge regarding any product or services which saves someones time and definitely you can earn lot. example : a Consultant charges a lot for consultancy fees actually he just using his knowledge contacts to make your jobs easier.

In Data science field all executives are analyzing data compared and prepare reports or presentation to management in simple word he just using his Knowledge in different way. So, invest your self in good Knowledge development and create your own bright path.

15# Your Mind Set:

Elon Mask Says - "If you give yourself 30 Days to clean your house, it'll take 30 Days But if you give 3 hours it'll take you 3 hours". it's all depends on your mind set. Below 10 Mind set rules for success :

Never Give Up

Really Like What You Do

Don't Listen to the Little Man

Take a Risk

Do Something Important

Focus on Signal Over Noise

Look for Problem Solvers

Attract Great People

Have A Great Product

Work Super Hard

the different between you and a successful entrepreneur that is only your Mindset. So, invest on your Mindset to do something creating.

16# Your Health:

Your Health is Big assets. an example if you earning 1Cr in every month but all money you spends for Doctors and Medicine bills then there are no use of this kind on earning. That's mean our health is big assets of our life.

Most of peoples sacrifice his health for earning of money and later he regret that he lost his good health. They are thinking for future but not enjoying the present and because of present is not good for these his future spoiled.

So, please mind that your Body, Your Health, Your Energy is most important thing for your your can achieve your dreams by your Good Health only.

17# Your Brand:

Here we're saying about Your Personal Brand which you can create easily with without investing any single penny. As Exapmle : Workforce Kolkata is my brand we're trying to improve our services to serving you better and if this Brand will success then we can easily create some other business and develop it.

Think yourself like a Brand, you should be trustworthy, respect yourself, if you add any value some others life you will be respected, you will earn trust and an single contact point for someones helps. So, create yourself as Respective Person, develop your image.

18# Your Channels:

At first we've created Facebook Page to promote our services, now days we can create YouTube Channels, WhatsApp Groups, Instagram Pages, Websites which help us to serve information services with you and provide a good opportunity to income.

So, focus on your channel building.

19# Your Business:

Here our recommendation is Skill based business. Like : Logo Designing, Content Writing, Video Editing all are the are skill with which you can serve Skills for revenue generation. you can Join through Flippa, Click Bank, Digi24 here without investing any single penny anyone can start his own business.

When someone understand that how their skills can helps someones or generate revenue they can start their own business easily.

20# Your Resources:

Everyone thinking about those things which he doesn't have. Like : we cannot start a new business why so, discuss earlier that its risky and need money to start, but earlier mentioned that we can start the same with our Skills.

Resource means what we have right now just utilize the same and start. just think about that what we have and how we utilize the same, like we've simple mobile phone and earphone so we can create Youtube channel. So think about your resources and utilize the same as Assets, it'll gives you huge earning oppertunity.

21# Your Creativity:

Creativity is only the unique thing which makes anyone Super Special from others. Think yourself understand your heartbeat and bring out your creativity, it can be anything like : Cooking, Painting, Motivational Speak, Tattoo, Excel etc.

its totally based on you. if any this article is good for you my request share you Creativity in comment box.

Thank You

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cashongold · 2 months

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Cash on old gold is the perfect solution for those who want to sell gold for cash in Kolkata. We offer the highest payouts in Kolkata, so you can be sure you're getting the best deal possible. Plus, our friendly staff is always happy to help you with any questions or concerns you may have. So why wait? Come see us today and start cashing in on your old gold!

#Sell Gold for Cash in Kolkata

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myspcae · 1 year

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Exploring the Compelling Advantages of Investing in Physical Gold Bars and Coins

Gold holds its position as the supreme choice among precious metals for investment in India. This preference is anchored in the enduring allure and prestige of this precious metal, reinforced by its exceptional liquidity and its role as a safeguard against inflation. Gold has unquestionably earned its reputation as one of the most highly sought-after investment options available. Its versatility, spanning from exquisite jewelry to coins, bars, gold exchange-traded funds (ETFs), gold funds, and sovereign gold bond schemes, underscores its universal appeal and adaptability as a potent investment avenue.

Irrespective of one's income level, the magnetism of physical gold remains robust as a secure and potentially lucrative asset that warrants thoughtful consideration for investment. When it comes to purchasing or selling gold, you can rely on reputable gold buyers and sellers in Kolkata, such as Rahul Refinery.

Protection Against Inflation Risk

In the expansive economic landscape of India, the specter of long-term inflation casts a formidable shadow over cash-based investments. To guard against this risk, allocating a portion of savings to gold can serve as an effective countermeasure. A meticulous examination of gold's consistent outperformance of inflation rates over time, accessible through online platforms, provides concrete evidence of its effectiveness as an inflation hedge.

Securing Future Savings

Strategically earmarking a portion of one's regular income for future needs remains a pivotal financial endeavor. Unlike other investment avenues like real estate or fixed deposits, channeling resources into physical gold promises enduring and stable returns over time. Opting for NABL-certified and quality-guaranteed gold coins not only ensures a prudent investment choice but also bolsters confidence in its authenticity.

Convenience in Transactions

The appeal of investing in gold bars and coins is further accentuated by the convenience of procurement through platforms like Rahul Refinery. Online avenues provide access to NABL-certified products, complete with comprehensive documentation for future reference. Additionally, the ease of selling gold through local traders during periods of favorable prices underscores the fluidity of such investments.

Minimal Maintenance Requirements

One distinctive facet of gold investment lies in its remarkably low-maintenance nature over the years. This sets it apart from other investment vehicles that demand ongoing upkeep. Gold can be securely stored within a locker for extended periods without necessitating regular attention, amplifying its allure.

Price Stability and Resilience

Historical data underscores the intrinsic resilience of gold prices. Instances of prolonged price declines are overshadowed by robust rebounds, particularly during times of financial upheaval. This phenomenon underscores gold's reputation as a haven, contributing to its long-term price stability.

Seamlessly Passing on Generational Wealth

Gold investments are imbued with a rich tradition in India - that of passing on wealth to successive generations. This cherished practice, which often manifests during significant life events such as weddings, underscores gold's enduring legacy as a treasured asset.

Collateral for Loans

Physical gold assets hold inherent liquidity, making them a viable collateral option for securing prompt loans from reputable banks and financial institutions.

Diversification for Balanced Portfolios

Despite the allure of returns presented by stock markets and real estate, they are accompanied by substantial long-term risks. Integrating gold into an investment portfolio can effectively diversify risk, leveraging its tendency for more stable rates.

Assurance of Secure Investments

Comparative analysis of historical rates highlights the enduring security gold investments offer for the future. Their ability to maintain value in the market over extended periods serves as a testament to their reliability.

Long-term Value Preservation

Unlike other assets subject to depreciation over time, gold assets stand resolute. Their value remains impervious to the ravages of age, ensuring favorable returns and long-term financial security.

For those seeking to invest, personalized gold and silver coins from trusted gold and silver sellers like Rahul Refinery promise transparency, substantiated by NABL certifications and other industry accreditations. Leveraging cutting-edge Swiss technology, our products epitomize excellence. Embark on the journey of acquiring customized coins for personal or corporate purposes by initiating your order with us.

#gold buyer #gold seller #sliver of straw #gold

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om-assay-centre · 1 year

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Sell Gold for Cash: Gold Buyers in Kolkata - Om Assay Center

Looking to sell gold for cash in Kolkata? Look no further! Get the best value for your precious metal with our trusted gold-buying services. Contact us now!

#Cash for gold in Kolkata #Gold buyers in Kolkata #Old gold buyers in Kolkata #Jewellery buyers in Kolkata #Scrap gold buyers in Kolkata #Second hand gold buyers #Cash for gold near me #Cash for old gold

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commonwealthjewellers · 3 years

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Where to Sell Gold for Cash?

You may sell gold for fast cash in a variety of ways. Some people sell their gold on the internet, while others go to jewelers to sell gold for cash in Kolkata. Even if you have several possibilities for selling gold, there is a good chance you may get stuck on where to sell gold.

Step 1 - Know Your Right Options

Selling your gold to local jewelry stores

In the market, several jewelers sell and buy gold. However, it is critical to remember that the majority of jewelers' primary business is to sell gold rather than to purchase it. As a result, when they buy gold from clients, they give a lower price.

They strive to outperform their investments in infrastructure, personnel, and advertising. If you want to avoid such a loss, you must first understand the best technique and place to sell gold.

Do not sell gold to Pawn Shops

Pawnshops (sometimes known as pawnbrokers) are simply third parties who provide loans based on personal property or collateral. Because these folks are not experts in the gold purchasing business. Furthermore, they provide very little value for your gold jewelry.

Visit Multiple Gold Buyers or Jewellery Shops

If you have extra gold to sell, you should visit many gold purchasing firms. This provides you a good indication of the entire worth of your gold jewelry. Most of the time, you can acquire online pricing, but you must check on the same day.

Equipped with Technology and Professionals

Businesses' lives have gotten easier in today's technology environment. In recent years, a slew of new gold-mining equipment has been launched. Such equipment assists gold purchasers in performing various jobs properly, such as gold purity testing and appraisal. So, before you sell gold for cash near me, be sure the buyer has all of the latest technology needed to conduct a fair gold purchasing procedure.

Knowing Core Gold Buyers

If you have decided to sell gold for cash, you must select the primary gold purchasers. When you explore the market for gold jewelers, you will discover a plethora of options. However, they are primarily concerned with their profit margins and hence provide a lower value for your gold. You should look for a company that specializes in buying gold. The core gold buyer can advise you on the real gold purchasing procedure and provide you with the greatest potential price for your gold.

Check Gold Buying Certifications

Purchasing gold in India is a legitimate service that requires certain qualifications. As a result, you must ensure that the gold buyer to whom you are selling gold jewelry has the proper certification. This increases client trust; these authentications provide a standard of buying gold procedure.

Step 2 - Selling Gold Jewellery to Authentic Gold Buyers

Know Your Gold Buying Authorized Bills

Before selling gold jewelry, you must obtain gold purchasing authorization bills from the appropriate jewelry store. Most of the time, customers lose their bills and are forced to sell. Selling gold jewelry without a bill may result in the loss of the true worth of your gold jewelry.

Non-authentic jewelry stores will sometimes take advantage of this and give a very low price for your gold jewelry. As a result, it is critical to have gold jewelry bills. If you cannot locate the invoices, you can contact the specific jewelry store where you purchased the jewelry. Request that they provide a duplicate bill, which may be accessible in their database.

Segregate Your Gold Jewellery Items as per Gold Carats

The value of gold is also determined by its carat weight. It is not uncommon for us to own gold jewelry of varying carat weights. As a result, those gold jewelry products must be sorted according to their carat value. This will assist you in determining the true value of any gold item before you “sell gold for cash near me”.

Check the label stamps on gold jewelry using a magnifying lens to see if the carat amount is clearly stated. Also, if you look closely, you will notice the letters "GF" or "GP." This demonstrates how the gold is plated on the surface of the jewelry. Most jewelry stores do not buy these gold products; instead, they only buy solid gold products.

It would be preferable if you could create separate tiny bags for each gold item.

Know Your Gold Jewellery Weight

This is a critical stage in which you must weigh each gold jewelry piece. Because a local gold buyer or jeweler might deceive you about the weight of your jewelry here. You may also check these weight numbers using a tiny digital weighing scale, which will give you the exact weight value. Make a note of this and keep it with you for your protection.

Check Gold Rate Before Selling Gold Jewellery

We need to know the online gold rate so that you may make the most out of your gold. If we consistently monitor the gold rate daily, we will be able to predict when gold prices will rise. When gold prices are constantly falling, we may lose a lot of money when selling our valuable gold jewelry. Nowadays, you can check gold rates online, which provides you an idea of when to sell gold jewelry.

Likewise, you can get different quotes from different gold buyers to decide.

Find Customer Reviews or Testimonials

Whenever we make a purchase, we always confer with friends and family members who have previously purchased the same item. Similarly, if you decide to sell gold for cash in Kolkata, seek family or friends who have already sold their gold. This will assist you in locating the top gold buyers in your area based on their previous experiences. It is also recommended to conduct an Internet search to uncover reviews of other customers who have sold their gold to the specific firm where you intend to sell your gold.

If you follow all the above things, then you will get an ideal place to sell your precious gold for instant money.

#gold jewelry buyers in Kolkata #sell gold for cash in kolkata #cash for gold in Kolkata

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nexusgoldshop · 2 years

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Gold Buyers in Kolkata

People in Kolkata have a long tradition of selling their gold when they are in need. People with traditional values seek to monetize their gold ornaments to pay their financial obligations. For unskilled sellers, however, such selling might be a difficult undertaking. They should investigate the gold buying and selling market to gain a better understanding of the process. When you decide to sell to gold buyers in Kolkata, there are a few things you need to do:

Invoice Retrieval

When you approach your gold buyer to sell your used gold, they will ask for the purchase bill or invoice. The majority of top-tier used gold buyers in Kolkata are also gold jewellery and stone manufacturers and sellers. People usually come to the shop to sell the gold they have on hand from when they bought their jewellery years ago.

There is a defensive element to the policy. When there are disparities in pureness, the retailer is powerless to intervene. The particulars on the invoice have been mentioned by the shop employees. As a result, the shop, not you, bears the brunt of the flaws.

Knowing how much the gold is worth

The acid test is still used by most buyers in Kolkata to determine the value of gold in diamond rings or other accessories that contain gold, gold ornaments, bars, or coins. In addition to eliminating the impurities, the acid degrades the metal's purity. To determine the worth of gold, some companies use updated X-ray fluorescence technology. This procedure aids the assessor in determining the amount of pure gold in the item.

Before paying you, the establishments in your neighbourhood will charge separate accounts. Melting costs, waste charges, and a variety of other expenses may be included. As a result, you will lose more than 15% of your stuff for doing local trade.

As a result, it's a good idea to go to a reputable gold buyer who will give you the best price for your jewellery compared to the current market.

Examining the fineness of the gold in your adornment

Before you bring your sellable things to the selling point, you must check the purity of the gold content in them. These days, a hallmark is required to verify the purity of gold. There are ways to check the contents at your home, and you can use them.

Gold's market price is volatile. As a result, you'll need to figure out what the current market price of gold content is.

Reputable purchasers assist their customers in determining the projected selling price. As a result, consulting professionals is the ideal option.

Calculating the Total Cost

It would be beneficial if you determined the final cost of the gold content in your ornaments, bars, or coins. When the melting process is complete, the assessor can give you the total price. The process of melting gold is costly. When selling a small amount of gold, the seller must pay for it. In the case of bulk purchases, reputable buyers do not charge.

The labour fee, GST, and additional tax you paid during the purchase are among your other losses from the selling procedure.

Deciding on the selling point

Kolkata's reputable gold makers and sellers are also willing to buy gold. The majority of them have a global reputation. You can entrust them if you are looking to sell gold for cash in Kolkata. Several companies have arrived there to provide their services.

#gold buyer in kolkata #old gold buyers in kolkata #used gold buyers in kolkata

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my-1-stblog · 3 years

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real estate news

APARTMENT BUYERS SUFFER MOST DUE TO DELAYED REGISTRATION: REAL ESTATE EXPERTS

Land promoters and specialists bring up glaring lacunae in MahaRERA's remain towards allottees of such projects.

Of the many undertakings enrolled with MahaRERA whose enlistment has passed because of non-restoration, the greatest loss is level buyers denied of a fast cure under the power.

Land specialists say this will affect home purchasers previously battling case against engineers for postponed projects in MahaRERA.

Ramesh Prabhu, CA and organizer executive of Maharashtra Societies Welfare Association (MahaSEWA) said, (https://cutt.ly/1QfLFZy)

"The actual motivation behind setting up an administrative authority is to guarantee that each land project enrolled with it is finished inside the course

of events pronounced by the advertiser at the hour of enlistment.

On the off chance that for an explanation the venture couldn't be finished inside the course of events, the advertiser should apply to RERA for its augmentation by presenting

the explanation. The authority might give augmentation for a greatest time of one year.

The deferral of the task impacts level buyers from multiple points of view and they go through troubles monetarily, truly and mentally."

He added that the allottees should shape a relationship to assume control over the undertaking under Sections 7 and 8 of RERA.

"Somewhere around 51% of the allottees are needed to join the affiliation," he added.

Promoter Godfrey Pimenta said, "Tragically, numerous level buyers who wish to seek after procedures before MahaRERA can't do as such as the enlistment has slipped by.

In any case, from March 2018 to March 2020, MahaRERA took suo motu cognisance of such cases and passed very nearly 200 or more orders guiding the engineers to give up the

rundown of allottees of the said ventures to empower them to shape a relationship in the event that they wished to assume control over the undertaking.

To secure the interests of the level buyers, orders should come for the relationship of allottees."

Promoter Nilesh Gala, who rehearses in MahaRERA said, "The RERA Act accommodates a component under Section 8 for projects which are denied or slipped by.

However, no means against defaulting designers have been taken for recuperation towards cost of such activities' finish. The allottees are kept stranded.

No cash has been recuperated by Maha RERA nor have these advertisers' organizations/organizations and gathering organizations been boycotted.

There is no coordination between Maha RERA and arranging specialists like MHADA/SRA/BMC/CIDCO, and so on to interlink these undertaking enlistments and their updates."

Backer Akash Menon, who additionally rehearses in MahaRERA, said, "While the RERA Act is powerful and complete, the requirement of its command is seriously needing.

In situations where the RERA enlistment of an undertaking has slipped by, Section 6 of the Act obviously recommends that a designer might look for expansion just if power

majeure occasions (like regular cataclysms) have happened influencing the improvement of the venture. Segment 8 sets out the commitments of the expert in the event that the

enlistment of a task has slipped by, and enables it to make medicinal strides incorporating talking with the public authority to make a vital move and additionally finishing the

improvement work by drawing in the skillful specialists or relationship of allottees. Lamentably, in spite of having such thorough forces available to its, only occasionally do

we see any proactive endeavors in such manner from the authority."Senior land advocate Vinod Sampat said, "When a task is repudiated, it should be made glaring and pitched so that

new allottees don't book in it. The law can follow all the way through, yet alleviation must be given to allottees whose well deserved cash is trapped.

Ordinarily, when an undertaking slips, there is an advance and the venture is sold. The expense must be borne by allottees or the approaching engineer.

The need of great importance is to boycott not just the organization which has attempted the work, yet to likewise make a severe move against any remaining advertisers related

straightforwardly or by implication with development exercises identified with the task."

Sampat has a few ideas for RERA. He said, "a) A title declaration gave by a promoter should have legitimacy just of 90 days. Today one can add-on a ten-year-old title

endorsement which doesn't fill any need. b) Balance sheets and pay and use records ought to be transferred on the RERA site each month. Also, a deviation of say 10% or more

ought to be brought by the reviewer to the notification of RERA and level buyers consistently."

"All grumblings held up by level buyers ought to be shown on the manufacturer's and MahaRERA sites. This will make manufacturers dread level buyers," he added.

HOUSING BUYERS SEEK DISCOUNTS, FREEBIES

A larger part of imminent homebuyers across India need limits, gifts and adaptable installment alternatives from manufacturers to urge them to buy their pads as land keeps on

being the favored resource class for venture, as per a joint review by land entryway Housing.com and realty body NAREDCO in the middle of January and June among more

than 3,000 customers. The study report was delivered as of late at an online class. As indicated by the study discoveries, land is the favored method of speculation

for 43% (35% last year) of respondents, trailed by stocks 20% (15% last year), fixed store 19% (22% last year) and gold 18% (28% last year).

Most of the respondents (71%) feel that adaptable installment plans and limits will give truly necessary monetary guide during current occasions.

Naredco President Niranjan Hiranandani said the manufacturers are working at dainty edges however limits and gifts are being offered by those engineers who are

left with more inventory and furthermore have different responsibilities like obligation reimbursement. "The cost of item is represented by request supply.

In case developers are locked with overabundance inventories, they do offer limits. Limits are likewise being given at some point as feel great factor to clients," he added.

Dhruv Agarwala, Group CEO of Housing.com, Makaan.com and PropTiger.com, said the Covid-19 wellbeing emergency has supported the significance of house purchasing across the world.

"Therefore, the private housing market isn't just seeing new interest from first time homebuyers yet in addition from a ton of customers who are moving up to greater lofts."

This interest increment, supported by absolute bottom lodging costs and verifiably low loan costs on home advances, has helped private land designers to explore through the

intense monetary circumstance," he added.Mani Rangarajan, Group head working official of Housing.com, Makaan.com and PropTiger, said developers' edges for under-development

properties have discounted because of an expansion in development expenses and land costs in certain urban communities. "In this manner, there is little extension for decrease

in fundamental selling value (BSP). Be that as it may, manufacturers have been offering adaptable installment plans and limits at times to draw in clients," he added.

Rangarajan said the real estate market has shown incredible strength during the second influx of Covid-19, with request and supply both developing during April-June 2021

contrasted with a similar period last year. "The overview shows that purchasers' estimations have improved since June and individuals have begun looking through properties

with recharged force. We anticipate that demand should stay solid during the happy season," he added. Rangarajan requested that state governments ought to decrease stamp

obligation on enlistment of properties to energize homebuyers. Solid lodging deals in Maharashtra's two key business sectors - Mumbai and Pune - recommend that stamp obligation

decrease by the state government assumed a significant part in animating interest during the September 2020 to March 2021 period. The study tracked down that monetary and pay

viewpoint for the coming a half year is more hopeful when contrasted with the main portion of 2020. The opinions have been less affected for this present year given that

vulnerability is lower when contrasted with last year. Additionally, lockdowns have been more particular alongside immunization accessibility.

AIR INDIA GOT RS 738 CR IN 6 YEARS VIA REAL ESTATE SALE.

Public transporter Air India (AIL), which is destined to be privatized, has raised Rs 738 crore from the offer of its land resources since 2015,

and procured rental pay of about Rs 100 crore every year from its properties, Minister of State for Civil Aviation VK Singh told the Lok Sabha on Thursday.

Singh, in a composed answer, said that Air India has sold 115 units of land resources from 2015 work July 12, 2021.

"Afflict has distinguished 111 packages of properties for adaptation out of which 106 bundles of properties are in India and rest five are abroad properties...

The 111 bundles of properties comprise of 211 units which are under adaptation," the clergyman said.

Air India has been adapting its resolute resources for offset its gigantic obligation of around Rs 60,000 crore.

Last month, a public notification was given welcoming e-closeout offers available to be purchased of Air India properties situated across India.

The property included private just as business units is prime urban areas like Delhi, Mumbai and Kolkata. The divestment-bound aircraft was hoping to

raise Rs 200 to 300 crore by selling these land resources.

Recently, Singh had educated that monetary offers for Air India are probably going to be gotten from qualified intrigued bidders (QIBs) by September 15 this year.

Without unveiling subtleties of the QIBs, Singh had emphasized that the public authority has gotten "various" articulations of interest for Air India's privatization.

HOUSING MARKET IN 2021: MUMBAI DOMINATES ALL-INDIA RESIDENTIAL SALES IN THE FIRST QUARTER.

Mumbai, the 'City of dreams,' is satisfying its name. It keeps on satisfying dreams and desires of individuals relocating to the city looking for occupations

and enterprising aspirations. The city with its created framework, simple availability and admittance to public conveniences makes it an optimal

area for transients to settle down.Mumbai is one of the costly housing markets in the nation, anyway an entire host of elements at play right now have

made purchasing a house in this city a reasonable alternative for some. Rumored engineers that guarantee quality homes and opportune conveyance

combined with most reduced at any point home credit loan costs in the previous twenty years, have fuelled this pattern of expanded deals in the

city.A late Q1 2021 report of Indian land by ANAROCK, India's driving free land administrations organization unmistakably shows that the deals of

homes in the best seven urban areas in India in this period have outperformed Q1 2020 by practically 29% at 58,920 units. This is essentially higher

than the pre-Coronavirus levels, which shows a monetary revival of sorts.Lending belief to the hypothesis that financial recuperation is certifiably

not an insignificant blip on a the radar is that the high offer of homes is joined by an increment in their dispatches too which plainly demonstrates

that this is a hearty pattern. The seven urban communities in Q1 2021 saw the dispatch of 62,130 private units, higher by 18% in the past quarter

and 51% on a year-on-year premise. The gathering of the best seven urban areas in India contains National Capital Region (NCR), Mumbai Metropolitan

Region (MMR), Bengaluru, Pune, Hyderabad, Chennai and Kolkata.

This uptick in the deals of homes in the seven urban areas was essentially driven by MMR and Pune, who together represented 31, 227 units which is 53%

of the relative multitude of private units sold in the quarter viable. The MMR locale involves nine Municipal Corporations of Greater Mumbai, Thane,

Navi Mumbai, Kalyan-Dombivali, Ulhasnagar, Bhiwandi, Vasai-Virar, Mira-Bhayander and Panvel. The MMR locale additionally incorporates nine Municipal

Councils of Palghar, Ambarnath, Badlapur, Karjat, Khopoli, Pen, Uran, Alibaug and Matheran.

MMR alone recorded an offer of 20,350 private units which was 35% of the complete deals of 58,920 units in the arrangement of seven urban communities

under consideration. This makes MMR the biggest market for private deals in the country. This offer of private units in MMR was higher by 16% than the

Q4-20 period and higher by 46% on a y-on-y basis.From a dispatch viewpoint as well, MMR had the biggest offer with 14,820 dispatches in FY1 2021.

This adds up to 24% of every one of the 62,130 dispatches in the country during this period. While the development in the country as far as dispatches was 18% on a Q-to-Q premise and 51% consistently.

The adjustment of Mumbai was higher than the public midpoints. The dispatches in Mumbai developed by 24% on a Q-to-Q premise and 41% on a year-to-year premise.

MMR had 11,910 new dispatches in the past quarter and 10,490 in the quarter last year of new private units. According to a stock point of view, i.e.available units available to be purchased, the MMR district has the most noteworthy number at 1,97,040 of private units in Indian urban communities.

The main seven urban areas in the nation have an absolute stock base of 6,41,860 homes available to be purchased of which the MMR locale has 31%.

These signs call attention to the pattern that the interest for private properties in MMR keeps on being solid and will improve its situation as probably the best city in the nation to live in.With designers offering different installment choices, low loan fee system and limits which impact the purchaser choice, the yearning to claim a home in Mumbai keeps on being solid. The solid vertical pattern in deal and dispatch numbers in MMR mean that the private area in Mumbai is recuperating and tenderly recovering from the pandemic incited lows.While worries over the third rush of the COVID-19 pandemic pose a potential threat, India has quit slacking of inoculations, which could give solace and henceforth the effect on the economy may not be pretty much as terrible as prior. The public authority appears to be more ready to manage circumstances emerging from this pandemic, and stay away from any enormous scope lockdowns that hurt the economy. Purchasing a house is a definitive all consuming purpose for some and this pandemic has reaffirmed the significance of claiming one. It is thusly expected that the homebuyer trust in Mumbai's private market will keep on being strong.Experts accept that this certainty will move home purchasing and conceivably lead to home costs firming up particularly with the merry season being around the bend. The augmentation of monetary advantages by the Government, the continuation of the delicate financing cost system by the RBI making home advances effectively open and reasonable, limits and better conveniences by the designers will keep purchaser traffic in Mumbai solid.

Be that as it may, the present circumstance isn't relied upon to keep going long as the high info costs which the engineers have been engrossing

so far are at last given to the home purchasers. There is vulnerability about the continuation of the low-loan fees too as expansion drifts behind the scenes of solid home interest that may prompt an ascent in home costs in the MMR district. Specialists have confidence considering these conceivable outcomes the ideal opportunity to get the fantasy house is currently.

GAINTS OF REAL ESTATE ARE WINNING THE PANDEMIC ECONOMY

In the months paving the way to the pandemic, purchasers had gone short on private land. Arrangements were going abegging and costs hadn't ascended for quite a long time.

Most huge engineers needed to manage a stock stack up. While tried and true way of thinking would have contended for a deteriorating of interest post pandemic,

the housing market has, all things considered, separated. Enormous coordinated designers have seen a lot of the pie increment, while more modest players with lesser

admittance to capital have battled.

"There is unquestionably more trust and confidence in bigger players who have been accomplishing quality work," says Niranjan Hiranandani, overseeing head of the

Hiranandani Group. A significant justification this has been the admittance to back that bigger engineers have. Before, private land depended on pre-deals to fund-raise

that financed development. Post the execution of the Real Estate (Regulation and Development) Act, a key financing device for more modest engineers has been refused.

While this was a pattern that existed even before the pandemic, it has sped up since, says Hiranandani. As individuals search for bigger homes and start their property

search on the web, it is the better-known names, with quick brand review, who have profited.

Information backs up this case. As indicated by research by Anarock, a land benefits firm, driving recorded land designers have seen their portion of the overall

industry increment from 6% in FY17 to 22 percent in FY21. Names in this class incorporate Prestige, Sobha, Puravankara, Kolte-Patil, Sunteck, DLF and Godrej Properties,

among others. Driving unlisted organizations—Piramal Realty, ATS, Wadhwa, Runwal—saw their offer ascent from 11% to 18 percent in a similar period.

Unbranded designers who had a 83 percent share in 2017 are presently down to 60 percent.

As per Anarock, out of 93,140 units sold in the initial 3/4 of FY21, recorded players represented 21.23 million sq ft or 2% more when contrasted with a similar period in FY20.

"While dealing with this overview, we addressed around 8,000 clients and the criticism was that while they were able to purchase under-development properties from a

bigger engineer, they were reluctant to do as such from a more modest player, even at a markdown," says Prashant Thakur, chief and head of exploration at Anarock.

Because of these purchaser inclinations, the housing market, which has been uniting throughout the previous five years, will probably move to a phase where there

will be about six designers dynamic in every city. Some will be across urban communities, however plainly the times of public engineers are finished. Organizations

like DLF and Godrej Properties that had public desires have pulled back to their home business sectors. It additionally has suggestions for their productivity and accounting

reports—both are probably going to work on in the years ahead.

As land deals eased back post 2013, most engineers clutched valuing. This brought about the business log jam proceeding and more modest players with lesser

admittance to back getting pressed. "In a situation where engineers couldn't create on schedule, there was a trust shortfall," says Shveta Jain, overseeing chief, private

administrations, Savills India. "First-time home purchasers, where the interest is, were not enthusiastic about purchasing homes under development."

In the 2019 Forbes India Real Estate Special, JC Sharma, overseeing chief at Sobha, had said, "We thought the stoppage that started in 2013 was a two-three-year wonders.

" But he'd likewise brought up that he saw this long spell of moderate deals and stale costs as being useful for bigger players, as they had the monetary muscle to climate them.

There was additionally the triple blow of the execution of the Goods and Services Tax, the Real Estate Regulation and Development Act, and demonetisation.

Sobha saw a 6 percent expansion in deal region to 1.13 million sq ft, at a worth of Rs 888 crore, up by 22%. The organization has not delivered numbers for Q4FY21.

The expansion in deals is reflected across other huge designers. Take Macrotech Developers, otherwise called Lodha. It saw a 116 percent increment in deal

region to 1.8 million sq ft in Q4FY21, even as deals for the entire year were somewhere near 10% to 5.1 million sq ft. Assortments were up by 10% in Q4 to Rs 2,089 crore.

Godrej Properties, which over the most recent five years has downsized tasks to zero in on Delhi-NCR, Mumbai, Pune and Bengaluru, saw its most noteworthy ever

appointments at Rs 6,725 crore in FY21, with region offered ascending by 23% to 10.8 million sq ft. Detachment Enterprises likewise saw deals ascend by 8% in FY21 to

4.6 million sq ft. The expansion in deals, "has been because of better monetary records and furthermore because of our capacity to convey throughout the most recent

couple of years", says MR Jaishankar, executive and overseeing head of the Brigade Group.

This increment has mostly been fueled by the way that few engineers have left their property distributes offered them to their bigger partners. There are likewise

joint advancement arrangements where the designer is just liable for deals and development while the land is possessed by another person. Deals are, nonetheless,

reserved in the marked designers' name.

A fall or stagnation in inventories has been another outcome of this pattern. At DLF, the country's most important designer, inventories tumbled from Rs 22,486 crore

in March 2020 to Rs 21,832 crore in September 2020. At Sunteck, they were down from Rs 2,720 crore to Rs 2,642 crore in a similar period. At Prestige Estates,

the number tumbled from Rs 11,375 crore in March 2020 to Rs 9,580 crore in March 2021.

Longer-term patterns for enormous designers look significantly really encouraging. At Prestige Estates, inventories have fallen by 37% over the most recent two years.

Conversely, somewhat recently, they rose by 571%. At DLF, while inventories have remained level over the most recent year and a half, they rose by 99% in the earlier decade.

Also, at Sunteck, as well, they remained level over the most recent year and a half, however rose by 198% throughout the last decade.

The improvement in accounting reports is probably going to bring about three key patterns over the course of the following five years. Initial, a fall in the expense of assets.

Enormous engineers are presently ready to get at rates that are a lot of lower than the sloppy area. At Sobha, the expense of assets remains at 9.17 percent in Q3FY21.

Contrast this with more modest players who regularly get at 15 to 18 percent, and the distinction in interest costs is obvious.

Second, lower obligation numbers. All recorded engineers overviewed showed a decrease in, or level, obligation numbers throughout the last year, despite the fact that somewhat

recently they had risen pointedly. Lower obligation numbers joined with higher deals could see them report critical working influence over the course of the following five years.

They all have something like a year of deals in stock. With land costs represented, these deals will excessively affect the bottomline.

Third, better admittance to land bargains. Landowners, having consumed their fingers with more modest engineers, are presently able to manage just notable names.

On their part, engineers can direct terms that permit them to share income and benefits just once deals start. There are additionally cost acceleration provisions:

If crude material costs rise, then, at that point the hit is imparted to the landowner.

As the market keeps on merging, anticipate that the sector should create an anticipated stream of profit and incomes. Likewise expect monetary records to shrivel as the

consistency of deals would lessen the requirement for extreme money saves. Return on value and return on capital would be in for an increment. Also, ultimately,

cost income products, which have throughout the most recent two years began considering in the expanded profit, could keep on rising.

https://www.mid-day.com/mumbai/mumbai-news/article/flat-buyers-suffer-most-due-to-lapsed-registration-real-estate-experts-23185583

https://www.thehansindia.com/business/homebuyers-seek-discounts-freebies-698961

https://www.newindianexpress.com/business/2021/jul/30/air-india-raised-rs-738-cr-in-6-years-via-real-estate-sale-2337553.html

https://www.businessinsider.in/business/news/housing-market-in-2021-mumbai-tops-all-india-residential-sales-in-the-first-quarter/articleshow/84338893.cms

https://www.forbesindia.com/article/real-estate-special/goliaths-of-real-estate-are-winning-the-pandemic-economy/68759/1

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Acquisition by Zomato of Uber Eats: Analysis

This article is written by Abhishek Dubey, a BBA.LLB student from Chanderprabhu Jain College of Higher Studies and School of Law. This article discusses the acquisition of Uber Eats by Zomato and also various concepts related to that acquisition such as the all-stock deal that has been practised by Zomato and how it is different from an all-cash deal.

Brief History of Zomato and Uber Eats

UberEats parent company was founded in 2009 by Garret Camp and Travis Kalanick. The company started its food delivery in August 2014 with the launch of UberFRESH in California. The platform was renamed as UberEats which started its operation in London in the year 2016. In August 2018, UberEats started its delivery fees depending on the range or distance of the order placed. In the UK and Ireland, the delivery fees are based on the value of the order. In November 2019, UberEats announced that it will deliver the food through drones by summer of 2019. On January 21 Zomatoo acquired UberEats in the all-stock acquisition, with UberEats gaining 9.99 per cent stake in Zomato.

Zomato is an Indian restaurant and food delivery startup founded in the year 2008 by Deepinder Goyal. Zomato offers its services in 24 countries and in 10,000 cities. In 2011, Zomato expanded its delivery across India in Delhi NCR, Mumbai, Banglore, Chennai, Pune, Kolkata etc.

Zomato has acquired 12 startups globally. In July 2014 Zomato acquired the startup Menu Menia. Zomato acquired Tongue stun in September 2018, a Bengaluru startup, for cash and stock deal of 18 million dollars. Zomato also acquired Tech Angle startup in Lucknow that worked on drones.

Zomato acquired stocks of UberEats for a deal value of 350 million dollars on 21st January 2020.

Zomato’s motive behind the acquisition of Uber Eats

Large acquirers acquire a smaller company so as to provide speedy and efficient services at a lower cost. Zomato is a larger organisation than Uber Eats and both operated in the same line of business but Uber was not able to influence the market.

This will help Zomato gain competitive benefits from Swiggy as the combination of Zomato with Uber Eats will help increase its share to more than 50 per cent of the market, pulling it ahead of Swiggy.

Zomato will also have greater negotiating power with restaurants which will reduce the losses.

The discussion was going with the soft bank to consider Swiggy as Food Tech or Food Hub but now, after the acquisition of Uber Eats by Zomato, Zomato will become the Food Tech or Food Hub in the food market.

Why Uber agreed to sell

Uber was running in loss for a few years and its CEO Dara Khosrawasahi said that the company will only operate in the market where it will be in the No. 1 position whereas, Zomato and Swiggy were ahead of UberEats in India, which is why we sold it to Zomato. It has pulled back its business from Vienna and South Korea because it was running in losses and it was not in number 1 position.

Uber was a competitor of Swiggy and Zomato which already have well-established market relations with local restaurants and they are able to respond quickly to changes in the market such as technological change, etc.

As per industry estimates, UberEats has 5 per cent of overall global booking in online bookings for food delivery. In December 2019 UberEats made a huge loss of 107 million dollars.

The deal also gives Uber 9.99 per cent of ownership in Zomato which will be valued at 3 billion dollars. This deal will give Uber a chance to recover at least the initial investment in India. Moreover, the purchase price that is given by Zomato in buying UberEats can be used by UberEats in growing other businesses.

How the deal will affect the customers, employees and restaurants

Swiggy and Zomato will try to attract the customers after the acquisition of Uber Eat with discounts, offers and subsidies and this will be their ongoing strategy. Restaurants who are already with Zomato will give a gold offer to their customers such as dining out and delivery. But restaurants will lose their bargaining power. Also, 100 employees will be reallocated or laid off due to acquisition.

Why Zomato and Uber Eats agreed to go for stock acquisition

This type of acquisition involves the purchase of a business or acquiring a business by giving them shares. Zomato agreed to give 10 per cent of shares to Uber Eats and acquired 100 per cent of stocks. In this type of acquisition, the acquirer assumes all liabilities and assets of the business and the buyer can also contractually allocate the liabilities. The cost of acquisition in case of stock acquisition or stock deal is inexpensive and easy to execute. Also, no tax is deductible on goodwill.

Mistakes made by Uber Eats

Increasing the frequency of audience

UberEats recognises Alia Bhatt as its brand Ambassador. It is the only food delivery app which brings celebrities in its communication. In January 2019, it launched a campaign called Everyday Moments. This was the largest viewed video on Youtube; around 50.3 million Indians watched this on Youtube.

2. Late mover disadvantage

One of the main reasons for the failure of UberEats was that it could not do proper research on the need for people. To create a distinct identity, UberEats should have followed the discounting strategy and other policies for its customers to acquire and retain them. In this way, UberEats could have gained more views from its customers.

3. Developing a distinct identity

Uber should have developed a distinct identity from others in its food delivery system and it should have introduced various discounts and allowances in its food. If this would have been done by UberEats then the situation of selling themselves to Zomato would not have occurred.

The all-stock deal between Zomato and Uber Eats and how it is different from the all-cash deal

The terms ‘all-cash’ and ‘all-stock deal’ is used in the transaction of merger and acquisition. The difference between merger and acquisition is that in a merger, a merger company merge with each other and in the acquisition, one company acquires another company. In the merger, the companies merge with each other and a new company is formed and in the acquisition, the acquiring company starts working in the name of the acquired company. Such deals can occur in either all-cash basis or all stock basis.

All-cash basis basically involves the purchase of the company from cash. In an all-cash deal, the equity portion of the balance sheet of the parent company remains unchanged. But in an all-stock deal, the equity portion of the balance sheet gets affected. All-cash merger and acquisition deals are those which occur without any exchange of stock or equity and this is because trading happens when the trading company purchases shares of the other company in cash. This type of situation arises when the company acquires an even larger company that has a large amount of cash, so the financial situation of the companies does not get directly affected. However, the cash deal method has a lot of drawbacks as there are a lot of tax deductions.

Factors affecting mergers and acquisitions are changes in technology and other internal and external environments. But there is a trend for cash deal in mergers and acquisitions and 60 per cent of mergers and acquisitions are on a cash basis and the deals in cash basis are of large value too. But this shift of trend has disadvantages for shareholders of both the companies; acquiring and acquired company.

In cash deal, the duties, rights and obligations are clear cut such as transfer of ownership, but in an exchange of shares, it is difficult to determine the buyer and seller of both the parties. There is a large ambiguity as to which business is being acquired and by whom. Also, there is a possibility of fraud because in most of the cases, the acquired company ends up owning most of the shares when a share is acquired for the exchange of stocks. But the decision to pay in shares rather than cash also has an impact on the return of shareholders because the number of shares is reduced and share price is affected. In an all-stock deal, the shareholders of acquiring company receive shares rather than cash.

Illustration: An investor owns 10,000 shares in a beverages company. When the company is acquired by a larger company, the universal company shareholders will receive compensation for their share of ownership in the acquired company. The all-stock deal may be used when shareholders of the target company prefer to obtain ownership in the acquiring company rather than a cash settlement. This may also be initiated by acquiring a company which wants to buy out the investors of the target company but do not have sufficient cash assets. All-stock deals can be favourable when the merger is successful and result in acquiring companies. When there is a decrease in value of share then the all-cash deal is riskier than an all-stock deal.

Issue of shares for consideration other than cash

When an asset is acquired by the company, the payment to purchase those assets can be made by cash or by the issue of a share. When a share is issued against the purchase price, it is known as the issue of shares for consideration other than cash.

Determination of purchase price

Sometimes one company purchases another company and takes over all cash, assets and bank balances, liabilities of third parties, etc of the other company. Seller is called the vender and purchase price payable to vender is called consideration.

The purchase price is determined:

On the basis of the amount payable

For the determination of purchase price, the sum of the value of the shares to be issued and cash payable becomes the amount of consideration.

On the basis of the number of shares

For the determination of purchase price, the product and number of shares and the value of the shares is given. The shares may be issued at a discount, at par, at premium etc.

On the basis of assets and liabilities

For the determination of purchase price, the difference between assets and liabilities along with their resultant value is taken into consideration.

Issue of shares for purchase of assets

The company can issue shares in consideration for acquiring the assets of the business. If a company purchases assets and assumes liabilities then it is known as the purchaser of the business.

Promoters are the ones who do the research, technological changes and other work when the shares are issued to them. It is known as an issue of shares to promoters.

Issue of shares for consideration other than cash as per Companies Act

Securities can be allotted for consideration other than cash. There shall be a PAS 3 form attached for allotment of securities, along with a copy of the contract duly stamped. In its contract, it should contain the details of securities which have been allotted to the shareholders, along with the contract of sale relating to property or consideration other than cash to be submitted to the tribunal. If the contract has been reduced to writing, it shall be deemed to be an instrument within the meaning of the Indian Stamp Act 1889 Section 2(a).

Issue of shares for consideration other than cash under FDI consolidation

This topic is very important because the investors of Uber Eats are foreigners. The issue of shares to foreign investors is brought under FDI policy 2011. This regulation was brought to check the issue of money laundering in a number of cases, where shares are issued to foreign shareholders. Prior to 2011 FDI policies, Indian companies were allowed to issue equity convertible securities under automatic route only if there was cash consideration.

Conditions are required for government approval

In case of issue of shares for capital goods

Any import of capital goods must be made in accordance with the export/ import policy issued by the Government of India, defined in Directorate General Of Foreign Trade and Foreign Exchange Management Act.

Independent valuation has to be done by the third party entity excluding second-hand machinery.

The application should indicate beneficial ownership clearly of both acquiring and the acquired company.

The application must be completed within 180 days in all respects.

Issue of share in pre corporation expenses

Submission of foreign inward submission certificate for remittance of funds by the overseas promoters for expenses incurred.

Verification and certification by the statutory auditor for the incorporation of expenses.

Payment to be made to the foreign investor directly or through the bank account under FEMA regulation.

Conclusion

Zomato acquired Uber Eats for an all-stock acquisition deal. This deal will provide great discounts to customers and it will be the most beneficial to them. The stock deal is done by the companies operating in the same line of business. Resulting in Zomato becoming number one in food marketing and food supply or in other words as the megastar of the food business. Moreover, Uber Eats can invest their money in other growing business.

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https://t.me/joinchat/J_0YrBa4IBSHdpuTfQO_sA

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