Are you looking to buy a house? What are the parameters we have to check before purchasing?

 Have you ever failed to be specific? When was the last time you didn’t describe something specific enough? Failing to do so will definitely have a lot of repercussions. 

During construction, specifics are everything and failure to communicate specifically could create massive change orders, cost overruns and schedule delays, which can negatively on our BUDGET. 

In fact, specifics are such a key element of a construction project as there is an entire formal process dedicated to them. Here are some construction specifications one should keep in mind before purchasing their dream house.

Structure: 

RCC Framed Structure specifications (Column Sizes, Roof Height, Slab Thickness, Slab Rods, Cement, Sand, Steel)

Super Structure: 

• Thickness of External and Internal Walls (Cement, Sand, Steel, Bricks)

Flooring:

• Is it marble flooring or tiles or any other?

Door & Windows:

• What is the make of the doors and windows?

Kitchen:

• What are the utilities been given in the kitchen? (sink, kitchen platform, any dadoing etc.,)

Toilets:

• What are the bath fittings been given? 
• Tiles specifications?

Paintings:

• What are the various being used externally and internally?
• Are the walls being smooth finished? If so what is the material being used?

Electricals:

• What are the types of wirings used in different rooms?
• What are the types of switches used?
• Any other extra electrical fittings in offer?

Plumbing:

• What is the piping system used internally and externally?
• What are the pipes used for hot and cold water?
• How is sewerage being sent out?

Interiors:

• What are the interiors being given in this price?

For more information,

People can get in touch with me in LinkedIN, Facebook, Instagram

Every week there will be an article on various specifics of a house. Keep checking this space for more details..

PK,

PKC Realtors.

Property Management Services(PMS)

 PMS actually means Property Management Services

We at PKC Realtors offer the most exciting and interesting Property Management Services in the city of Hyderabad.

There has been many reports of fraudulent registrations with an intention to grab both government and private land in the state of Telangana. There are as many as 183 cases that have been identified by the registration department across the state and 90% of them are from erstwhile Ranga Reddy district that huge tracts of government land and vacant land

Having a property as an asset is the happiest thing, but managing and looking about its whereabouts is the saddest part.

There are many things a person should do from his/her side to increase the property’s value. Many people feel that the outside factors (government policies, the place in which the property is etc.,) play a major role in the appreciation of the property’s value but one doesn’t realize that the property cannot be sold at a higher price if it is left vacant or abandoned for longer period of time

How does PKC Realtors help a landlord?

• Identifying the Land/Property:

Many people inherit the property(land/building) from their parents or ancestors. After inheriting they never put an effort to physically go and check where it is and check about its whereabouts. The major problem lies here. If a person doesn’t physically identify his/her property in spite of having the documents then there is a very good probability that they should sell it a very low price

• Advising the client:

Once the land is identified we will advise the client on what should we do to the land to appreciate the monetary value of it. There are many options which will appreciate the value-

• If the client is expecting some rental income, we can construct a commercial/residential building
• We can give the land for development activities(both commercial and residential)
• PKC Realtors team will visit the property and update the current situation to the client
• If the client wants to keep the land in the same way, we will be advising them on what they should do

By maintaining the land in this way, the land value will be considerably appreciated and there will be a whole lot of other benefits as well.

At the end of the day, we will help the client in appreciating his/her property’s value.

For more details do get in touch with us on-

Website: www.pkcrealtors.com

PK,

PKC Realtors.

End of Road for the U.S cult bike manufacturer in India- Harley Davidson

 The dream bike of many young Indians is shutting its shop in India. This move was rather seen as an inevitable by many experts.

While Harley did manage to create an aura around cruisers and leisure riding, the move ended up helping local brand Royal Enfield more that saw a massive growth in demand. Enfield often seen as "India’s Harley" by the middle class has been on a roll over the past few years and plans to become the world’s biggest mid-engine motorcycle maker across the world

Below are some of the key points on why it is closing down its operations and what is in store for this cult motorcycle manufacturer?

Tax Structure:

Even President Trump has often raked up the issue of "high" import duty that Harley bikes faced in India and he even called it "unfair", even taking it up with Prime Minister Narendra Modi. Trump’s complaints had led the Centre to reduce the duty on Harley motorcycles from 100% to 50%, though the US government still remained unsatisfied.

Harley’s exit from manufacturing in India may be a dampener for India’s trade discussions with the US, as the latter may continue to blame the import duty structure.

India not a market for big bikes?

On paper, India is one of the biggest two-wheeler markets in the world. More than 17 million two-wheelers were sold in the market last fiscal, more than anywhere else in the world. Yet, it is a market not for big burly and noisy leisure bikes in which Harley excels, but for puny commuter machines meant for intra city runabouts that cost less, are easy to maintain and dirt cheap to run. 

Over 90 per cent of them are motorcycles, scooters and mopeds with engine capacity of less than 150cc. Volumes in the super bike category with engines bigger than 500cc and where Harley operates, are restricted to just a shade over 25,000 units per annum. Quite simply, Harley isn't meant for India.

Price:

The smallest and most affordable Harley motorcycle in India is the 750cc Street 750 that costs Rs 4.7 lakh. Harley offers more than a dozen bikes in India with price going upwards to half a crore. This kind of pricing even with attractive finance options, puts a Harley out of the reach of most Indians. What did not help matters was the company's delay in bringing out smaller displacement and more affordable bikes for emerging markets like India. Neither did it have options like off-roaders, which Triumph and KTM have, or out an out sports bikes like BMW. 

Royal Enfield:

In India, Harley Davidson found a fierce challenger in the Royal Enfield and by all means it came up short against the local rival. In fact, the growth of Enfield in the last 10 years suggests that entry of Harley only helped it. 

Customers checked out a Harley and drooled over them but ended up buying the more affordable, lighter and easy to maintain Enfield. 

During this time, Enfield brought out newer models like the Himalayan off-roader. More recently, it charted into Harley territory directly with the twin cylinder 650cc Interceptor twins. 

Lack of an Indian Partner:

If you can't beat the competition at least join with them. This might be the trick that Harley missed completely. KTM and Triumph did it with Bajaj Auto. BMW did it with TVS. Harley remained in glorious isolation. 

The result is there for all to see. Though there were widespread rumours of a potential tie-up with India's largest two-wheeler maker Hero MotoCorp, the companies never admitted nor refuted such claims. 

Not Suitable for Indian Roads:

Another big reason why Harley could not sell in India in numbers it thought it should was many customers felt its suspension and chassis had not been tuned enough for India's pothole ridden roads. Faulty brakes and burnt clutch plates are the most obvious problems and repairing or replacing them are no mean tasks either. Social media sites are replete with customers narrating their horrid experiences-parts not available with dealers for weeks on end, high cost of service or recurring malfunctions. On numerous occasions, Harley had to also issue recalls to fix those problems. This did the credibility of the company no good. The perception that went around was that the bikes aren't equipped to handle the rough and tumble of Indian roads. 

Customers will surely expect a no hassle ownership when they are buying a bike for Rs 10 lakh and above. This surely didn’t go down well with the Indian customers

End of the Road:

All in all the U.S cult bike manufacturer has sold only has sold only a little over 27,000 units in the last 10 years while the country’s-segment leader Royal Enfield sells double of that every month. Last fiscal, it sold a mere 2,470 units and only about 100 motorcycles in the first quarter of this fiscal

To stay afloat, Harley Davidson is planning to trim its product portfolio by a third and shrink its global footprint to 50-odd profitable markets

People can get in touch with me in LinkedIN, Facebook, Instagram

PK,

PK Enterprises.

All the information you need to know about LRS

 Recently LRS has been unveiled by the government of Telangana.

What is LRS?

The abbreviation for LRS is Layout Regularization Scheme

• The purpose of it is that the government of Telangana is regularizing unapproved and illegal layouts in the entire state of Telangana(both urban and rural)

Who are applicable to file LRS?

• The rules will be applicable for all existing unapproved sub-division of plots 
• Existing unapproved layouts or ventures where plots have been sold through a registered sale deed and unauthorized layouts developed provided at least 10% of plots are sold through the registered deed on or before August 26^th 2020 
• No illegal/ unauthorized plots will be permitted after the cut-off date(as of now the cut-off date is October 15^th 2020)
• The government secretaries have stated in their orders that there were many unapproved and illegal layouts putting extra pressure on the local bodies due to infrastructure deficiencies
• The government has already decided not to allow registration of plots of such unapproved or illegal layouts
• An application fees of ₹1,000 for a normal plot and ₹10,000 for layout developers is applicable

Who are NOT APPLICABLE to file the LRS?

• Sites/plots under legal disputes, ceiling surplus lands/government lands/endowment lands/wakf lands/shikam lands and lands those are entered in prohibitory register of lands maintained by Revenue Department will also not be entertained for regularization

MANDATORY NORMS for an OPEN LAND or LAYOUT to file for LRS:

• Road width should be a minimum of nine meters 
• In case of weaker section layouts or plots less than 100 sq. meters, the road width may be six meters 
• In case required road width is not available, required depth for widening equal on both sides will be insisted and water bodies will be preserved in the layout
• The regularization measure is not applicable for plots or layouts from the application of land ceiling laws, land disputes or claims over title, boundary disputes, etc
• In respect of assigned lands, prior clearance from the district collector will have to be obtained 
• Even if only a few plot holders come forward for regularization in an unapproved layout, the layout pattern approved by the competent authority municipal authorities and additional collectors of local bodies for gram panchayats will be applicable to the entire layout
• The applicant should furnish copies of the sale deed/ title deed only. Agreement of sale or the general power of attorney will not be considered as evidence 
• No layout/development will be allowed in the bed of any kind of water bodies and in the full tank level (FTL) of any lake, pond, ‘kunta’ and in ‘shikam’ lands
• Water bodies and courses will be maintained as recreational/green buffer zone, and no layout development activity other than recreational will be permitted 

• within: 30-meters from the boundary of river course/ lakes of area of 10 hectares and 
• Above; 9-meters from the boundary of lakes / ‘kuntas/shikam’ lands of area less than10 hectares; 9 metres from the boundaries of canal, ‘vagu’, etc., and
• 2-meters from the defined boundary of the ‘nala’ or storm water drain

Restricted zones:

• For layout development activity within the restricted zone near the airport or within 500 meters distance from the boundary of Defence areas/ military establishments, necessary clearance from the Airport Authority/ Defence Authority concerned has to be obtained
• In case of sites in the vicinity of oil/gas pipelines, clear distance and other stipulations of the respective authority should be complied with
• For areas covered under G.O.Ms111, protection of catchment area of Osmansagar and Himayatsagar lakes apart from the provisions of statutory Master Plan of HMDA(Hyderabad Metropolitan Development Authority) / HADA(Hyderabad Airport Development Authority), the restrictions on layout and development activity imposed will be applicable 
• Approvals will not be given in sites earmarked for industrial/manufacturing use zone and earmarked open spaces.

What will happen if LANDS or LAYOUTS will not be regularized?

Plots or layouts not regularized will not be provided with water supply connections and services like drainage, Registration Department will not allow sale or any transaction of such sites and building approvals will be denied

Pricing:

Payment of Regularization charges / Pro-rata open space charges 

a) The applicant shall pay the fees and charges as detailed below: 

(i) Basic regularization charges which are inclusive of betterment charges, development charges and layout scrutiny charges, penalty and other charges, at the following rates:

Table-1

The actual regularization charges will be the percentage of basic regularization charges and shall be calculated based on the land value prevailing as on 28.10.2015 as given below.

Table-2

Pro-rata open space charges: 

• If 10% open space is not available in the un-approved layout pro-rata open space charges @ 14% of the plot value prevailing as on the date of registration of such plot shall be paid

• Conversion charges shall be paid as per GO MS No 439 MA&UD dated 13.06.2007 in a site that is contrary to the land use stipulated in the statutory plan

b) The above charges may be remitted in full at the time of submission of application form or 10% of the penal amount or minimum Rs.10,000/- shall be paid along with the application form and balance amount shall be paid within 6 months from the date of submission of application

For more information on LRS of government of Telangana-

Contact:

Whatsapp - https://wa.me/+918886032214/

People can get in touch with me in LinkedIN, Facebook, Instagram

PK,

PK Enterprises.

What is actually a private limited company, what are its advantages and disadvantages and should we register it before starting a company?

What is a Private Limited company?

• A Private Limited Company or Pvt. LTD Company, is a kind of privately held small business entity
• This kind of business entity limits proprietor risk or Liability to their shares 
• Also the Pvt. LTD Company confines the number of investors or Shareholders to 50 and restricts investors or shareholders from publicly exchanging shares

Advantages of Private Limited Company:

• Reduction in Liability:  

The main advantage for the investors is that, in the event of the company closure due to monetary issues, or if in the event that there is any misrepresentation, the proprietor will dependably have the privilege to secure his/her benefits/share capital

• Funding: 

A Pvt. Ltd company can get funds for their company through their friends and family by giving them equity shares. It syndicates both value and obligation assets to have an ideal capital structure

• Team building: 

By offering Employee Stock Options (ESOPs) to the employees a Pvt. LTD Company can bring ownership status to their employees

• Reliability: 

As the company is enlisted as a corporate substance, the believability is enhanced, and also it builds reliability in the market

• Perpetuity:

Even after the demise and exit of any investor or the founder, the firm proceeds and its reality is protected

• Foreign  Direct Investment (FDI): 

Foreign deposits/ investments through a simple channel are taken into account for a Pvt. LTD Company

Disadvantages of Private Limited Company:

• Registration  Process: 

The registration process is a bit hectic if directions or rules and regulations of the Ministry of Corporate (MCA) are not clear. It takes a minimum of 10-15 days for the total process or complete incorporation process which incorporates, the age of DSC, DIN, Certificate of Incorporation, Company PAN, AoA, MoA, etc.,

• Yearly Compliances: 

It is very critical to document the records at MCA every financial year. A Chattered Account, for the most part, deals with this, to document the assessments for your private constrained organization. All these services comes at an added cost

• Cannot be Listed in Stock Exchanges: 

The posting of the organizations for the first sale of stock is not possible

• Limited Shareholders: 

In a Pvt. Ltd company, the number of investors or individuals can’t surpass more than 50.

In the next article I will be talking about the other type of company registrations and which is suitable for startup companies.

For more information,

People can get in touch with me in LinkedIN, Facebook, Instagram

PK,

PK Enterprises.

Be your OWN BOSS : New FRANCHISE alert.

 In General:

Laundry industry is an age old industry and it has taken many twists and turns to come into the present form. From manual washing to machine washing the industry has seen many new changes.

The laundry industry in the western world has nicely taken a shape because of their cultures and other factors.

In our part of the world, the transition is a bit slow but it is surely picking up.

This pandemic is an opportunity in disguise for many people who want to become entrepreneurs. Jobs are lost and the unemployment rate in India is at an all-time high.

PKC Laundries:

PKC Laundries is an online laundry services based out of Hyderabad. It was started in December 2015. 

To all those who want to be an ENTREPRENEUR and be their OWN BOSS here is a real big FRANCHISE opportunity from PKC LAUNDRIES.

The two different type of Franchise models PKC is offering in Hyderabad are-

• Standalone Stores
• Live Studios

• STANDALONE STORES:

PKC is offering standalone stores throughout the city of Hyderabad and also in gated communities. People who want to start PKC franchise in a gated community can also avail this wonderful opportunity.

A store in which people can drop and pick up their clothes. The store acts as a drop point. A person will be situated in the store and will collect the customers clothes. These clothes will be processed in a centralized factory. The factory can either be located in the outskirts or in the center of the city. There can be multiple standalone stores for a particular Laundry and Dry-Cleaning Company. All the clothes will be brought to the centralized factory and the processing will be done in the factory itself. Once the processing is done, all the clothes will be again sent back to the stand alone stores. The various types of services they provide here are-

• Wash and Iron
• Wash and Fold
• Dry-Cleaning
• Steam Iron
• Rolling etc.,

Requirements:

Store space: 150-200sq.ft

PKC Responsibilities: 

• Setup the store
• Training of the staff
• Backend operations(processing of the garments)
• Logistics
• Marketing/Sales

Franchise Responsibilities: 

• Generate more SALES, 
• Customer Relationship
• Store Maintenance

Financials:

6 Lakhs

• Live Studios:

PKC is offering first of its kind LIVE LAUNDRY STUDIO in Hyderabad

This is relatively a new concept and it is at a very nascent stage in India. Processing of the garments is done in the store itself and in front of the customer. Customer has a first-hand experience on how his/her garments are processed. The various types of services a live studio can offer are-

• Wash and Fold, 
• Wash and Iron, 
• Dry-Cleaning 
• Steam Iron
• Rolling etc.,

The type of machines we will be having in the store are-

• Washer Extractor
• Tumble Dryer
• Steam Iron Tables with Boiler
• Automatic Ironing Machines (which can iron a shirt or a trouser within 60 seconds)

Requirements:

Store space: 500-800sq.ft

PKC Responsibilities: 

• Setup the Live Studio
• Training for the Franchise Partner
• Marketing/Sales

Franchise Responsibilities: 

• Generate more SALES, 
• Processing of the garments
• Customer Relationship
• Store Maintenance

Financials:

16Lakhs

For more information,

People can get in touch with me in LinkedIN, Facebook, Instagram

Talking point of the nation, should the JEE and NEET exams be held?

The issue of postponement of JEE- Main (Joint Entrance Exam) and NEET-UG (National Eligibility and Entrance Test- Under Graduate) exams merit a serious discussion, and it has also become a political hot topic.

The Ministry of Education has decided not to postpone the JEE-Main and NEET-UG. Recently, the National Testing Agency (NTA), which conducts these exams, said: The examination is going to be held with due precaution and it is not going to be postponed. The NTA, also said that all most all aspirants of JEE-Main and NEET-UG will be offered their preferred choice of exam centers.

Eligibility criteria has been tremendously relaxed, too. 

The exams have already been postponed twice due to the corona virus pandemic-

JEE- Main (computer based test): Originally was scheduled from April: 7-11, but postponed to July18-23 and now to September: 1-6

NEET-UG (paper and pen based test): Originally was scheduled for May: 3, but postponed to July: 26 and now to September: 13

Chief Ministers of West Bengal, Maharashtra, Jharkhand, Rajasthan, Punjab, Chhattisgarh and Puducherry are in favor of postponement of the exams. Along with 7 chief ministers, DMK chief MK Stalin urged the Chief Ministers of Andhra Pradesh, Telangana, Kerala and Odisha to join the other states and approach the Supreme Court to seek deferment of this year’s National Eligibility Cum Entrance Test and the Joint Entrance Examination. 

These states want to postpone the exams as they feel- 

• The corona virus is on the rise in our country, 
• The institutions who are organizing the exams might not able to handle if there is any outbreak, 
• The unprecedented floods in some parts of the country will make it difficult for the students to take the exams and many other things

In Numbers:

• JEE- Main: 9.53 lakh candidates have registered 
• NEET- UG: 15.97 lakh students have registered 
• JEE- Main centers have been raised from 570 to 660
• NEET- UG centers have been increased from 2546 to 3843

My View:

The postponement of exams comes will suffer the loss of a valuable academic year. Does anyone have an idea on how the situation is going to be after three months or five months? Even if the exam is held in September, the colleges won’t be able to start classes before the middle of November. This itself means almost a loss of a semester. Further delay will do nothing other than loss of a year and then next year you will have two first years’ batches and our institutions don’t have the required infrastructure to handle such a situation

The pandemic seems to be here to stay until we find an effective vaccine. Hence, it is important that we keep moving towards our significant individual goals, one step at a time.

Also, medical admissions are time-bound and therefore, it makes no sense to further delay NEET-UG, which will eventually delay the overall admission process as well. 

Keeping in mind the effort put in by students who have prepared, it is critical that the exams are conducted as scheduled. Delay in holding the exams will lead to serious repercussions for the students as well to IIT’s and most of the year 2020 will be washed out”.

Lastly the mental health, anxiety, stress levels have increased in almost every student and parent who are appearing for these exams

However, strict adherence to preventive norms, have to be applied and followed. 

Students and Parents should not entirely leave the situation on the government. It is each and every individual’s responsibility to take care of themselves. A government can maximum do 25% of the job by setting up exam centers, sanitizing etc., and after that it is the responsibility of the candidate who is attending the exam. 

Lastly so important points for the major stakeholders who are involed in the exams-

Students:

• Students should first be aware of how the virus spreads, once they know this they should take their own precautions
• Students should wear a face mask, if necessary a face shield as well, sanitize their hands, maintain social distancing(a minimum of 6feet) and lastly take nutritious food so that they don’t fall sick easily
• Students should be cautious of what is happening around them and they should act accordingly
• As everyone is in the age group of 17-25 and everyone is well aware of the situations in the world from the past 6-8 months each student should be disciplined and follow the protocols set by the authorities so that everything goes in a good way
• Lastly the focus for a student at the moment should be on the exam they are giving rather than the outside noise. It is tough but they should do it!

Parents:

• Parents role is very critical here as they should motivate their children
• Parents should constantly monitor their kids and help them understand the real ground situations
• Create a happy and positive environment in the home
• Parents should distance themselves and their kids from the media. This will help the kids in developing a most positive attitude to the exam

Government:

• Government should create a positive environment for the students
• Authorities should follow strict rules and regulations while conducting the exams
• There should be no room for error on any of the exam days
• Strict adherence and preventive covid-19 norms, have to be applied and followed

For more information,

People can get in touch with me in LinkedIN, Facebook, Instagram

PK,

PK Enterprises.

www.pk-enterprises.com