Visakhapatnam A dream destination


When I say a dream destination I like to substantiate, one of the fastest growing cities of Asia, this city is attracting a large force of investors with the armory of intelligence and shrewdness and ensuring their coffers are filled with wealth.

The best way of doing this is investing in a product which is scarce and having a huge demand. The investment in land is found to out beat every other product because of the sole reason that it cannot be manufactured. Anything which is manufactured has an expiry tag to it and since land is not manufactured it has no expiry resulting in it being ever green.

So how best can we benefit from this sector is matter of concern. In this electronic age where everything is e-banking, e-commerce, e-trade, e-mail,…………..etc  we can have E-REALESTATE and this is an idea which needs to be pruned and discussed. In spite of poor liquidity in real estate, (especially land development) the growth is there in this sector, so just imagine if there was easy transferability where would this sector be. When I say easy transferability it is easy liquidity and how do we ensure that and that is the thought for us to ponder about.

As DMATing of shares has become compulsory in bullion market the government has to initiate the process of having e-documentation of the property. This is only a start and a lot of thinking has to be put in this idea to ensure a foolproof methodology.

What are the gains of this?

1)      The property valuation becomes easier.

2)      Improving cash flow in the market.

3)      Banking sector to benefit.

4)      Easier transferability.

5)      Fund availability will improve investments

6)      Improved investments will benefit industry

7)      Generating larger employment

8)      This will further improve the economy and stature

9)      This rippling effect will bring in a tsunami of good will

10)   Ensuring we cement our place at the top.

With so many benefits looming around our initiative of making E-REAL ESTATE a reality needs to be worked out

I could be small man small man all economists and politician should come forward to make the Idea big and working. The modalities have to be worked out with experts.

In this cyber age we can reap lots of benefits from this E-REL ESTATE.

Water once when stagnated breeds mosquitoes and ill health, whereas flowing water improves irrigation and agriculture. Similarly wealth once stagnated breeds enmity and jealousy. Whereas free cash flow improves industry and economy ensuring win -win situation to the populace.

If and when this starts functioning a new type of Bank called as LAND BANK will start.

The functioning of this bank though in cyber world will help easier transaction of documents and cash. A newer way of doing business will emerge leading to development of n number of entrepreneurs.

All in ALL there will all-round development guarantied.

Please come forward with your valued suggestions and improvements to mail ID kviswamohan@yahoo.com

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Vizag a dream destination


VIZAG A DREAM DESTINATION

Continuing my discussion on the above subject let me put forward some more of interesting facts on Visakhapatnam with a pet name VIZAG.

I discussed in my previous article about the investment in the north east of Vizag. People aspiring to live in serene and peaceful atmosphere the northwestern belt of Vizag has a blossoming role and can attract public the way in which nectar of the flowers attracts the honey bees.

The area starts from NAD junction culminating at Srungavarapukota or S.Kota in short. This distance of around 50 kilometers boasts of mainly residential development. This area is well decorated with greenery and is guardedby lord Narasimha swamy at simhachalam  in the south and uma kotilingeswara swamy at Punyagiri in the north. The whole area plain terrain and is a valley between Simhachalam  hills and Punyagiri hills.

The scenic beauty is so enchanting that one will be blessed with freshness every day. The area is good gift to parents from the present younger generation. This area is the foot hill of the eastern ghat ranges which are beautiful and picturesque.

simhachalam

Simhachalam temple

punyagiri


way to punyagiri temple
The temperature in this area is moderate ensuring pleasant ness to our living. The area is dotted with real estate companies like Bhashyam estates, YSK incorp, Bommarillu real estates and sreemitra group.Again for people who don’t have the pension option an Ideal investment plan is to buy plots or residential land from established companies in gated communities which will fetch very good returns at the time of retirement. The tendency of keeping investments in the liquid form always tends to flow down the drain even in small crisis situations. This is the area which I advise to invest for long term returns.For people with commercial interest this area is fetching for tourism and pilgrimage.Especially the tourism industry is quite fetching with the backing of the central and state governments and excellent connectivity by way of BRTS and rail connectivity from Kothavalasa jn, which is the starting point of the K K line.