by Star India | Nov 19, 2022 | Blog
The idea of investing can be intimidating but it’s an important part of saving for various financial goals and building wealth. There are a number of investment opportunities available in the market. Certain investments carry more risk than others. But there is an investment that has been risk-free over the years, and that is Real Estate.
Real estate has the potential to deliver very high returns in the long run. It can provide a steady cash flow and several tax benefits.
We have listed below some of the many advantages that real estate offers over other investment classes.
- Passive & Steady source of income: Demand for rental housing is rising. This demand is expected to increase in the coming years, making rental units a steady income source.
- Provides ample liquidity: Property is also used as collateral to raise loans. Since loans against property (LAPs) are secured, they are cheaper than personal loans (unsecured) and available for longer tenures.
- Power of leverage: Unlike other investment options such as bonds, mutual funds, or stocks, one can invest more than his current net worth in real estate. One can easily purchase a property worth more than his current net worth by making only 20-30% of the down payment. This leverage makes property investment a viable opportunity for aspiring investors.
The main purpose of buying real estate as an investment is to make a profit. So, to keep it a profitable investment, keep these 5 things in mind before investing in property:
- Analyse your credit score before applying for a loan
- Weigh the full cost of investment
- Avoid impulse buying
- Do good personal research and due diligence
- Always compare ROI on other forms of investment, such as mutual funds, savings, equity, etc.
by Star India | Apr 1, 2021 | Blog
India is a nation of varied sports. As kids, all of us have played so many uncountable games whose names we don’t even remember. In fact, so many times we used to make up our own games which are still there in our memories. We are a proud nation of so many sports stars be it in the field of cricket, hockey, tennis, badminton, throw-ball, or kabaddi. Who in this world doesn’t know about Indian sports stars like Sachin Tendulkar or Sania Mirza? Every other day we come across extraordinary young talent but many times it gets wasted due to a lack of opportunities. These young players either don’t know the way forward or they are not provided with proper facilities to go that way. Star India Construction believes that if given a chance these stars could light up the whole nation with pride coming from various different achievements in the field of sports.
Star India Construction under the leadership of our honorable CMD Mr. Shashi Bhushan Prasad has been involved in many sports events to increase the interest of young talent towards sports, felicitate them for their performance and identify any emerging sports prodigies to take them forward in that field. Mr. Shashi Bhushan Prasad is the President of the Throw-ball Association of Bihar as well as the Tennikoit Association of Bihar. He fulfills his responsibilities extremely well and makes sure that no talent in this field goes unnoticed. Under his amazing leadership, various events have been organized by the association, even the National Junior Throw-ball Championship 2014 and National Senior Throwball Championship 2011 were organized in Patna in which around 50 teams from 25 states across the nation came to participate, which was an achievement for the whole state of Bihar. You can have a glimpse of such events in the mentioned links:
https://www.business-standard.com/article/pti-stories/national-jr-throwball-championship-to-be-held-in-patna-114051000882_1.html
https://www.patnadaily.com/index.php/news/9635-national-junior-throwball-tourney-from-june-4.html.html
https://odishatv.in/sports/national-throwball-tourney-from-dec-27-27403
https://www.telegraphindia.com/bihar/throwball-event-to-mark-centenary-fest/cid/468338
https://biharsports.blogspot.com/2012/01/bihar-women-create-history-in-sr.html
Every lane, every road in this nation has seen so much talent which is just waiting to come out; waiting for that one perfect opportunity when they can follow their hearts. So many talented personalities shine because of the events Star India Construction helps to organize and we feel so happy being the source of their recognition. We provide financial assistance to young talents coming out of these events to help them shape a wonderful future ahead. By felicitating them we give them a motivation to work hard and these achievements further help to convince their families about the choice of career which is different from stereotype fields. By making these efforts we hope to see many more sports stars arising in Throw-ball as well as other sports in the future and we feel highly elated to be a part of their journey towards their success.
by Star India | Mar 31, 2021 | Blog
We have often heard a term home-maker being constantly used with women. But do we know the significance of this term? Behind every happy household, there’s always a lady, taking care of her family, looking after their needs, maintaining homes properly and so many more uncountable chores that they do with a smile, thus shaping every house into a home. What’s interesting is that in today’s world there are women who are responsible for not only making homes but for building houses as well.
There are women who have made their names in this real estate industry by giving valuable contributions in this sector. These women challenged the imposed role given to them and proved that they could be among the top leaders in a male dominating sector. It’s because of women like them that young girls are getting more and more interested in this sector and we can see a ray of hope towards achieving gender balance in this sector very soon.
We have made a list of some of these amazing personalities:
Kruti Kumar Jain : She is the Director of Kumar Builders KUL. She is the daughter of Lalit Kumar Jain who is the Chairman at CREDAI Pune, Maharashtra, India. Kruti started her career at just fifteen and has won many awards till now like the Top Management Consortium Award of Excellence for 2004-05, received from Maharashtra Governor S M Krishna and also the Construction Women of the Year Award.
Sonya Chowdhry : She is the Director of RE/MAX INDIA Franchise which is a global name in real estate industry. She has been with the firm since 2004 and works very closely with agents and brokers for the development, support and growth of business. She played a key role in launching “Club City” which went on to grow from one brand to fourteen in just three years.
Radha Dhir : She is the CEO & Country Head of India’s largest commercial property services firm JLL. She is having over 25 years of experience in banking and previously was the Group President at Yes Bank.
Manju Yagnik : She is the Vice-Chairperson of Nahar Group based in Mumbai, Maharashtra, India and has been part of the firm for more than three decades. She is a part of various renowned organisations such as NARDECO, CREDAI, MCHI and the Federation of Indian Chamber of Commerce & Industry.
Darshana Parmar Jain : She is the CEO & Investor at Snapper Future Tech. She is also a Deputy Managing Director at Ishwar Parmar Group and Chairman of CREDAI National Women’s Wing.
Gunjan Goel: She is the Director, Media & Marketing Communications at Goel Ganga Developments Pune, Maharashtra, India, and has bagged the title of “Top Young Achiever” in The Times Real Estate Icons of West India.
by Star India | Mar 15, 2021 | Blog
World consumer rights day is celebrated on the 15th of March every year with an aim to celebrate the power of consumers and remember their rights & needs. It is a day to spread awareness in society to avoid any unfair practices against the consumers. This Day was inspired by the 35th President of the United States, John F Kennedy, who sent a special message to the US Congress on 15th of March 1962, formally addressing the issue of consumer rights. This Consumer Rights Day, all consumers will join together to tackle the problem of plastic pollution which is the theme for the year 2021.
Consumers are the foundation of any business be it real estate in Patna or any other sector. Any business strategy is designed by keeping in mind the demands of the customers. Various products and projects are designed with an aim to reach every niche of consumers. Sadly, the people responsible for the success of any product, the consumers, are many times deprived of their basic rights. There are six basic consumer rights in India which are: the right to safety, right to be informed, right to choose, right to be heard, right to seek redressal, and lastly right to consumer education; which must be taken care of by any organization in this nation.
Star India Construction, one of the leading names in real estate in Patna keeps this as the priority to take care of all these consumer rights and do all the efforts to satisfy them. Starting from the day we receive any customer’s inquiry to the days even after they start residing in our projects, we make sure to keep them updated and we progress according to the consultations done with our customers in any of our projects under real estate in Patna or any other city. We not only build houses but we design their dreams the exact way they want. We provide world-class amenities in all our projects and our project locations are always decided by keeping in mind the presence of basic facilities nearby. There are various renowned hospitals and education hubs near our project Tech Towne which is the mega township project of Star India Construction. Our latest projects such as Dhanraj Complex, Shiv Bhajju Vihar or our completed projects like Sant Vihar, Narayan Vihar, etc are there in amazing locations with all the basic requirements at walking distance thus making them one of the best projects under real estate in Patna.
Whatever we are today, after an amazing journey of 25 years is because of the trust that thousands of our customers have shown in us over the years. It’s because of them that Star India Construction emerged to be the best firm under real estate in Patna and we have this zeal of further proving our mettle and serving many more customers with even better facilities in the future, thus expanding the Star India Construction family.
Star India Construction wishes everyone a happy consumer rights day and hopes no consumer ever gets deprived of their rights.
by Star India | Mar 8, 2021 | Blog
International women’s day is celebrated on the 8th of March every year. It was first observed during international women’s year in 1975. It is the celebration of progress made towards achieving gender equality and a day to stand together in unity for further achieving the same. The theme for the year 2021 is “choose to challenge”. The theme is based on the premise that; from challenge comes change, so let’s all choose to challenge and call out all the inequality and bias going on in this world against women.
Women are the pillar of this society, in fact, it won’t be wrong to say that they are the creators. Along with working hard towards achieving their dreams, women look after their homes and also care about the needs of all the family members as if there’s some superpower given to them by god. In older times, women used to be deprived of their right to work as they were imposed with the role of looking after their family, but what women proved with time is that they can fulfill both their duties perfectly.
Women today are excelling in every field. Be it India’s first female prime minister Indira Gandhi, first female president Pratibha Devisingh Patil, first female IPS officer Kiran Bedi, first female defense minister Nirmala Sitharaman or the first-ever Indian to win an Olympic silver in badminton PV Sindhu; all these women proved that they are better than so many men out there and can manage all their responsibilities beautifully.
What’s sad is that despite so many examples of women making our country proud, many women in India are still not allowed to go outside and work. Even if they are, there are so many restrictions imposed on them which make their life difficult. Even it’s often seen that in work places women are paid less or are thought to be less responsible or accountable than men despite the fact that they are the one who are managing the homes of all those men.
With a vision to make a difference, we at Star India Construction always support and assist women to grow further. In our organization women are there in important positions helping us run the organization smoothly. Be it our Director Usha Sinha, Senior General Manager Ekta Kumari Jindal or our HR Manager Sushma Krishna. We believe that change can come only if we have the courage of challenging stigmas in our society, be it unequal treatment of women or keeping them deprived of their basic rights in the name of tradition or something else.
Let us all stand in solidarity by raising our hands high and commit ourselves to the choose to challenge campaign. #WomenEmpowerment #ChooseToChallenge #IWD2021
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