Govind Sarda Real Estate Investor, Developer And Entrepreneur Kolkata

Shri Govind Sarda, Chairman of the Axis Group has a rich experience of more than 40 years in Jute and other diversified business as Pigments, Real Estate etc. a self-made real estate investor, developer and entrepreneur. He looks after Baranagar jute mill and Eastern Manufacturing and guiding the young of the family in the bio-technology and software business.

Govind Sarda was involved in the development and management of much Kolkata based Real estate business.

Kolkata has all the ingredients for high growth in its real estate market. One of the oldest urban agglomerations in the country, post independence, Kolkata lost its position as the erstwhile commercial capital of India to Mumbai due to the socialist manifesto adopted by the West Bengal government. Later investors believed the state was witnessing a resurgence driven by government policy and support for the service industry and infrastructure development that is once again attracting industry and capital to the city.

This made the evolution of Axis Group by Govind Sarda, a true business tycon and industrialist of Kolkata.

Axis Group is a diversified investment company with large holdings in many types of businesses, including aviation, financial services and others.

Govind Sarda planning a mix between traditional jute business and the new ones like infrastructure development cum real estate. This would help the family business assume a new shape.

No doubt, Mr. Sarda reaches to the excellence in which ever business he put his hands in.

Govind Sarda – a Man of commitment and Vision to take his dreams to reality.
Axis the renounced name in Jute business of Kolkata is brain child of Govind Sarda.

Types Of Scaffolding And Their Uses

Everyone has seen the scaffolding that goes up around a construction site, or if you’ve ever had any sort of major home improvements done, you probably had to deal with having scaffolding set up around your house. But that is certainly not the only reasons you would need scaffolding. There are many types of scaffolding. There are three major classifications that most forms of scaffolding fit into: suspended, supported and aerial. This article will give you the information you need to know which type of scaffolding is best for different situations.

So, let’s take a look at how each of these categories can be identified. Suspended scaffolding is when the scaffold is securely suspended by rope from the roof or top of a house or building. A suspended scaffolding system requires pulleys, levers and switches. This system allows you to move the full height of the building, allowing you to access most of the vertical surface.

The next sort of scaffolding is known as supported scaffolding. This system is based firmly on the ground, and then built upon. A frame of lumber and poles is placed around the site. You climb up a ladder to mount this type and work from the middle length of the scaffold called a platform. Attaching wheels to supported scaffolding allows you the option of making this system completely mobile, which can be very handy for moving it along the building’s vertical surfaces.

Finally, aerial lifts can be chosen for your scaffolding needs. Aerial lifts are actually mounted devices that have the capability to be lifted to other elevations and locations. This is so helpful to workers when they have a need for the scaffolding to be lifted to a completely different location. When moving the aerial lifts, shackles are needed to keep the scaffolding from accidentally separating from the hook that is carrying the lift.

Now that you have read through this guide you have a better understanding of what you need when sorting through different types of scaffolding. Window washers on high rise buildings choose suspended scaffolding as it’s much easier to work with at higher elevations.

If you’re just starting to put up a new home, then you’ll want to install a supported scaffold around the foundation. Whenever you have the need of having the scaffold moved in the air, it’s best that you choose aerial scaffolding for safety and convenience.

Why Cmos May Be Considered For Private Trading Programs

Collateralized Mortgage Obligations (CMOs) sometimes referred to as Real Estate Mortgage Investment Conduits (REMICs), are one of few innovative investment methods available in today’s investment world. CMOs offer relative safety, regular payments and notable yield advantages over other better known fixed-income securities of comparable credit quality.

A wide variety of CMO securities with different cash flow and expected maturity characteristics have been designed to meet specific investment objectives. While CMOs offer advantages to investors, they also carry certain risks which will be further explained in this document. To determine if CMOs fit within your investment portfolio, you should first understand the distinctive features of these securities.

CMOs were first introduced in 1983. The Tax Reform Act of 1986 allowed CMOs to be issues in the form of REMICs, creating certain tax and accounting advantages for issuers and for certain large institutional and foreign investors. Today, almost all CMOs are issued in REMIC form. Remember that throughout this CMO explanation, REMICs and CMOs are interchangeable.

THE BUILDING BLOCKS OF CMOS
Mortgage Loans and Mortgage Pass-Throughs. When a CMO is created, it begins with a mortgage loan extended by a financial institution (such as a savings and loan, commercial bank or mortgage company) to finance a borrower’s home or other real estate. The homeowner usually pays the mortgage loan in monthly installments composed of both interest and “principal”. Over the duration of the mortgage loan, the interest component of payments in the early years gradually declines as the principal component increases.

To obtain funds to generate more loans, lenders either “pool” groups of loans with similar characteristics to create securities or sell the loans to issuers of mortgage securities. The securities most commonly created from pools of mortgage loans are “mortgage pass-through securities” (MBS) or “participation certificates” (PCs). MBS represent a direct ownership interest in a pool of mortgage loans. As the homeowners whose loans are in the pool make their mortgage loan payments, the money is distributed on a pro rata basis to the holders of the securities.

Several factors can affect the homeowners’ payments. Typically, the homeowner will “prepay” the mortgage loan by selling the property, refinancing the mortgage or otherwise paying off the loan in part or whole. Most mortgage pass-through securities are based on fixed-rate mortgage loans with an original maturity of 30 years, but experience shows that most of these mortgage loans will be paid off much earlier.

While the creation of MBS greatly increased the secondary market for mortgage loans by pooling them and selling interests in the pool, the structure of such securities has inherent limitations. MBSs only appeal to investors with a certain investment horizon – on average, 10-12 years.

CMOs were developed to offer investors a wider range of investment time frames and greater cash-flow certainty than had previously been available with MBS. The CMO issuer assembles a package of these MBS and uses them as collateral for a multiclass security offering. The different classes of securities in a CMO offering are known as tranches, from the French word for slice. The CMO structure enables the issuer to direct the principal and interest cash flow generated by the collateral to the different tranches in a prescribed manner, as defined in the offering’s prospectus, to meet different investment objectives.

THE HIGH CREDIT QUALITY OF CMOS
The Government National Mortgage Association (GNMA, or Ginnie Mae) an agency of the U.S. government, along with U.S. government-sponsored enterprises (GSE) such as the Federal National Mortgage Association (FNMA, or Fannie Mae) or the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac), guarantee most MBSs. Ginnie Mae is a government-owned corporation within the Department of Housing and Urban Development. Fannie Mae and Freddie Mac have federal charters and are subject to some oversight by the federal government, but are publicly owned by stockholders.

Fannie Mae and Freddie Mac issue and guarantee pass-through securities. Ginnie Mae only adds its guarantee to privately issued pass-throughs backed by government issued (FHA and VA) mortgages. Fannie Mae and Freddie Mac have issues CMOs for quite some time; the Department of Veterans Affairs (VA) began to issue CMOs in 1992, and Ginnie Mae initiates its own CMO program which began in 1994. Securities guaranteed or guaranteed and issues by these entities are known generically as “agency” mortgage securities. The agency guarantees enhance their credit quality for investors. In addition, the mortgages backing Fannie Mae and Freddie Mac mortgage securities must meet strict quality criteria. Those backing GNMA pass-throughs are underwritten in accordance with the rules and regulations of the FHA and the VA, which insure them against default.

The extent of the agency guarantee depends on the entity making it. Ginnie Mae, for example, guarantees the timely payment of principal and interest on all of its mortgage securities, and its guarantee is backed by the “full faith and credit” of the U.S. government. Holders of Ginnie Mae mortgage securities are therefore assured of receiving payments promptly each month, regardless of whether the underlying homeowners make their payments. They are guaranteed to receive the full return of face-value principal even if the underlying borrowers default on their loans. Mortgage securities issued by the VA carry the same full faith and credit U.S. government guarantees.

Fannie Mae guarantees timely payment of both principal and interest on its mortgage securities whether or not the payments have been collected from the borrowers. Freddie Mac also guarantees timely payment of both principal and interest on its Gold PCs and CMOs. Some older series of Freddie Mac PCs guarantee timely payment of interest, but only the eventual payment of principal. Although neither Fannie Mae or Freddie Mac securities carry the additional full faith and credit U.S. government guarantee, the credit markets consider the credit on these securities to be equivalent to that of securities rated triple-A or better.

Some private institutions, such as subsidiaries of investment bank, financial institutions and home-builders, also issue mortgage securities. When issuing CMOs, they often use agency mortgage pass-through securities as collateral; however, their collateral may include different or specialized types of mortgage loans and/or pools, letters of credit and other types of credit enhancements. These private-labeled CMOs are the sole obligation of their issuer. To the extent that private-label CMOs use agency mortgage pass-through securities as collateral, their agency collateral carries the respective agency’s guarantees. Private-label CMOs are assigned credit ratings by independent credit agencies based on their structure, issuer, collateral and any guarantees or outside factors. Many carry the highest AAA credit rating.

As an additional investor protection, the CMO issuer typically segregates the CMO collateral or deposits it in the care of the trustee, who holds it for the exclusive benefit of the CMO bondholders.

For the above reasons described, CMOs are considered by a select few platforms to be an asset that is easy to validate and prove ownership. In addition, the trading platform is able to be added as the CMOs Beneficiary allowing for the appropriate financing lines to be obtained. The result is a CMO asset that can be purchased for pennies on the dollar with nominal returns and subsequently placed and traded successfully in a Private Trading Program with yields the owner once only dreamed of.

Do You Need A Civil Lawyer Or A Criminal Lawyer

You know you need to hire a Champaign lawyer. The question is: what
kind? It is paramount that you select the right type of lawyer for your
individual case. Read below as we examine the differences between a
civil lawyer and a criminal lawyer. Hopefully, it will help you decide
whether your case will fall into the category of civil or criminal law.

The differences between civil and criminal lawyers include:

At this point, it should be fairly clear
whether you need to hire a civil lawyer or a criminal one. In either
case, good luck with your legal representation. By choosing wisely among
the professionals in the Illinois legal community, you will give
yourself the best chance possible of success.

Relationship Building With Home Staging

How do you get your first home staging job? How do I find clients? How do I get referrals?

At most of my APSD home staging training courses, I teach at least 30% of the course on home staging systems and creativity,30% of the course on the business of home staging and 40% of the course on effective home staging marketing skills. So, in essence, we teach what it takes to successfully and completely build and grow your home staging business.

One of the things that I cover extensively in marketing is building a relationship with your clients. As a matter of fact, I really only think you need 5 good clients to get 50 home staging jobs each year. As one of our Certified Property Scene Designers about it and they will tell you the formula.

Life and Business is all about relationships. Think about it, if you are married, or ever have been, did you develop a relationship before you made a commitment? What about your friendships, same thing, right. The same holds true in business, especially today.

Your client, or future client wants to know who you really are and whether or not they can trust you, will enjoy doing business with you and if you will always under promise and over deliver. So, they may test you out a little. Thats okay, all you have to do is show them how fabulous you really are and they will love you forever.as long as you maintain the relationship.

If you are asking yourself, the questions at the top of this page, I think you might want to think about a better question, because you know the old saying ask a better question, get a better answer. So, what is the better question? How about, how can I build lifetime relationships with my existing and future home staging clients? THAT is a good question.

There are lots of ways, and some depend upon whether you are talking about new clients or existing ones, for the sake of space, we will discuss both, together.

New Clients;

1) Go where they go. Is there a local real estate investors club in your area? Go there and meet everyone you can. Dont come right out and try to get them to help you, find out how you can help them and then build your relationship from there. I am not saying you have to give away the farm, but maybe give a little advice on color or curb appeal, even marketing if you feel as though you can. Then, keep in touch. You know our APSD marketing cycle, 1/7/30.

2) You can do the same thing with sellers or real estate agents as you have done with investors. Is there a local meeting of agents or an event agents are sponsoring for home sellers (some of my small business clients are real estate agents and they hold these events weekly at a coffee shopvery successfully)? Make sure you attend. Bring everyone a small gift that has your business card tied to it such as a silk flower, pennant for a local team, a pak of via, or even a rubber duck. Just anything that makes sense to them that they like and will keep. Then, follow up.

3) In general , once you make the connection, follow the APSD 1/7/30 marketing cycle (ask any APSD certified home staging member if you need help with this), and always make sure that you add a personal touch. This week, I sent 2 personal emails, obviously that only took me a minute or two, but one was to an APSD Trainer, telling her I was keeping her in my prayers as her family was struggling with a personal issue and another was to another APSD certified trainer, just saying thank you, that I really appreciated her and hope that she stayed with us forever. I did not do this with expectation of anything in return. But, boy did I ever reap a rewardfrom both. The point here is that I kept in touch and made it personal by touching on something that was specific to them. During another posting, I will discuss creating your client information file system.

These are just a few examples of how to build a home staging relationship, there are many and I would love to hear your ideas as well.

For more ideas on building your home staging business and making some of the best home staging relationships of your life with your fellow home stagers , join us at STAGE; www.APSDmembers.com/STAGE

To your Home Staging Success,

Karen Schaefer
Founder, APSD, The Association of Property Scene Designers
The World Leader in Home Staging Training and Certification
www.APSDmembers.com

Increased Regulatory Scrutiny Contributes To Legal Outsourcing Boom

Following the global financial crisis, businesses are facing increased regulatory compliance pressures. To tighten regulatory oversight in the UK, the UK government restructured financial regulation and divided the Financial Services Authority (FSA) into two regulatory bodies — the Financial Conduct Authority and the Prudential Regulatory Authority. Across the pond, the US enacted the DoddFrank Wall Street Reform and Consumer Protection Act, which changed the American financial regulatory environment and almost every part of the nation’s financial services industry. In the wake of these sweeping regulatory reforms, companies in regulated industries, such as finance and healthcare, must be hyper-diligent with their compliance programs.

Today, industry regulators in the UK and US are aggressively investigating any allegations of corruption and bribery, particularly related to foreign jurisdictions. Subsequently, the number of investigations and litigations has increased significantly, and companies face heavy fines for noncompliance and even risk criminal prosecution.

When an investigation occurs, corporate legal departments often need to provide huge amounts of information to satisfy regulator requests. The traditional ways of gathering and collating this information and reviewing it for relevance are no longer feasible. Legal departments need to have the ability to review information quickly and cost effectively, so they can respond efficiently to regulatory notices.

Law firms may not be the ideal choice to manage large volumes of information and data in a timely and cost-effective manner. Collecting and ESI processing, forensic analysis, storage, database management, hosting, and software configuration and maintenance are non-legal services that can be provided by non-legal specialists. Legal outsourcing providers (Legal Process Outsourcing) are better positioned to handle these tasks because they typically offer advanced technology and more focus on these skill sets, which are now essential for both litigation and regulatory investigations. Seasoned LPOs are geared up to provide exactly this type of predictability of costs and time lines for disclosure and can work to a fixed budget. This provides more certainty and allows clients to control costs particularly in complex investigations or litigation cases.

At the same time, the courts are mandating a wider and deeper review of electronic documents in legal proceedings as well as an explanation of what steps parties have taken to recover potentially relevant e-documents. Again, LPOs are well-equipped to provide end-to-end data management, allowing clients to confidently outsource document management and review work in regulatory matters. Some clients are even setting up panels of LPOs and requiring their external law firms to work collaboratively with these LPOs to ensure that the potential cost savings are properly and appropriately realized.

The global financial crisis has forced corporations to develop new strategies to cost-effectively and efficiently handle investigations and litigation. As more companies look to manage the associated costs and risks resulting from regulatory scrutiny, document review and e-discovery are likely to be growth areas for LPOs.

Check more info about : San Francisco lawyers association and Intellectual Property Conference USA

World’s Richest Real Estate Moguls

No matter what profession you are in, you will be impacted by real estate in some form or another. Whether you own, rent or sub-let, your life is impacted by real estate and the professionals or individuals that sell, manage or own it.

With that in mind, it would make sense that you just might be interested in people who have made it big in real estate. There are a select few in the entire world who have made their tremendous mark on the real estate landscape. Although, there were many struggles along the way, they arrived at that coveted spot of being a famous real estate tycoon.

Sarah Beeny is a developer and a host of Property Ladder, a British television program in the U.K. Beeny is a die-hard optimist and proponent for incorporating energy efficiency into building or remodeling.

Tim Blixseth is an American real estate mogul and billionaire businessman. He made a promise early on in his investment life to only collect assets, not liabilities, for the remainder of his life. He says he’s stuck to that promise.

Donald Bren, according to Forbes.com, is the wealthiest real estate tycoon on the planet with a $12 billion net worth. He currently owns hundreds of office buildings, along with 90 apartment complexes.

Conrad Hilton is the founder of Hilton Hotels. Hilton was known as a tremendous philanthropist who believed charity was a basic requirement for humanity.

Stanley Ho is one of the richest people in Asia. He’s a Macau and Hong Kong billionaire and casino mogul.

Lee Shau Kee is recently most famous for losing around $8 billion in net worth just in the past two years. Even with the huge losses, Kee continues to be noted as a real estate magnate as owner for Henderson Land Development. China’s greater region still considers Kee as one of the area’s richest people.

Ray Kroc is a entrepreneur who founded the McDonald’s Corporation franchise. Kroc purchased all rights to the McDonald’s name from the founding brothers Richard and Maurice McDonald. He took the franchise internationally to Japan and Germany in 1971.

Akira Mori is a famous Japanese real estate tycoon and billionaire. He’s one of the richest men in the world. President and CEO of Mori Trust, his family’s company owns real estate and hotels in Tokyo and all over Japan.

Minoru Mori is also a famous Japanese tycoon and billionaire. He and his brother Akira are sons to Taikichiro Mori.

Donald Trump is a famous television celebrity and billionaire real estate developer. Although his investments fluctuate with the waves of the sea, he always seems to come out on top.

Steve Wynn is a well-known Las Vegas casino and resort developer who developed some of the most opulent casinos and resorts in the City of Las Vegas.

Sam Zell’s net worth exceeds $6 billion. He is ranked 68th on Forbes’ list of richest Americans. He co-founded Equity Group Investments LLC that launched Equity Residential and Equity Office Properties.

The Usefulness Of Glycerine In Soap Production

Glycerin, also spelled glycerine, is a basic ingredient in most soap. In fact, it is a by-product of soap manufacture as it occurs due to the reaction of strong alkali with an animal fat. This process is known as saponification and it is this process that brings out soap or detergent. While most manufacturers separate glycerin from the mixture, others incorporate the compound for its natural benefits.

Lots of soap-makers recommend glycerin as a basic ingredient because it has the ability to draw in moisture preventing drying of the skin. The compound is a natural moisturizer. In fact, it is a humectant a substance that attracts water. Thus, soap containing the hygroscopic compound is known to have skin conditioning and moisturizing effect.

Glycerin is a viscous liquid that is at the same time sweet and colorless. It solidifies to a paste-like substance and has a high boiling point. During the soap-making process, some manufacturers remove the compound from the soap mixture and incorporate it into other products like lotion and creams. However, when it is added to a bar of soap it results to a nearly transparent product with moisturizing properties.

The compound is known to be a good solvent and this is one of its most remarkable properties. In some instances, it is better as a solvent than water or alcohol. This property makes it highly miscible in both alcohol and water. However, it never dissolves in oils. In its pure form the compound is called glycerol which suggests it belongs to a classification of organic compounds called alcohol.

It is extremely hygroscopic, which means that it readily absorbs moisture from the air. For instance, leaving a flask of pure glycerol open allows attraction of water that it soon loses the purity.

It was in 1889 when the compound was first obtained from animal fat through candle making. During which time the only way to derive the compound is through this process. Also, in that time animal fat was the only raw material for making candles. During the World War II, it has become a major component of dynamites and heavy demand for the substance was not sufficed by soap making industry. Thus there was an abrupt production of synthetic forms of the compound.

The substance has a chemical formula C3H8O3 which is also occurs as a liquid by-product during the production of biodiesel in a process called transesterification. This syrupy liquid occurs in nature. Found in cells of plants and animals (including humans), it is a part of the large bio-molecules of many lipids. In biologic processes the compound occurs as a result of the fermentation of carbohydrates. In organic chemistry it is produced by propylene synthesis.

Glycerin is an ingredient in several health-care products and toiletries. It is found in food products, as well as pharmaceutical and cosmetic items. It is found in moisturizing lotions and creams because of its hydrophilic and hygroscopic properties, which allow the substance to retain moisture. There is a debate whether it is the hygroscopic properties of the compound that makes it good for the skin, or it may be possible that the chemical has other unexplored and unidentified properties aside from the one already mentioned. The moisture-drawing property makes it an excellent emollient when added in soaps and moisturizing creams. An emollient is a substance that smoothens and softens skin. Another reason personal care products utilizes the substance is because of its skin lubricating advantage, not to mention it serves as a thickening or emulsifying agent in cosmetic products.

Home-made soaps or the hand-made varieties naturally contain glycerol, which commercial soap-makers remove. The separated liquid is used in massage oils, lip balms, skin softeners and moisturizers, perfumes and essential oils, and pharmaceutical preparations.

When do You Need a Criminal Lawyer Part I

If
you or someone you love has been accused of a crime and if there is a
possibility of being imprisoned, then the first thing you have to do is
hire a criminal lawyer. Some people feel they can represent themselves,
particularly in cases of drunken driving and so on. They often wake up
to the necessity of getting expert help only when it is too late.

A
criminal lawyer can help you if and when you find yourself on the wrong
side of the law. Sometimes, even when there is no misconduct or misdeed
involved, people do get entangled with the law. In such cases, it is a
good idea to hire a criminal lawyer.

A criminal lawyer can help
you keep your criminal records clean. If your criminal record is clean,
your chances of landing that dream job are high. You need not fear a
background check or answer questions that make you uncomfortable. A
criminal record can lead to a number of problems like loss of civil
rights, loss of financial aid (in the case of students), deportation or
denial of naturalization. Often, criminal record could impact future
income and job potential significantly.

There are several
advantages to hiring a good criminal lawyer. For one thing, they know
the law of the country and of the particular state inside out. Thus,
they can easily evaluate and determine beforehand whether the individual
can beat the accusation. For instance, many a time, a case is dismissed
simply because correct legal procedures were not adopted at the time of
arresting or detailing the individual involved. There have been a
number of cases where the evidence submitted in court has been rendered
useless because the lawyer was able to punch a hole through it.
Different aspects of law impinge the outcome of a case and an
experienced, qualified criminal lawyer has the qualifications and the
experience to deal with these variables.

In
case the individual is arrested and sentenced to jail, criminal lawyers
know how to strike deals with those concerned so that the convicted
person is subjected to minimum tenure of sentences. Through the
dexterous use of certain kinds of information, the criminal lawyer can
get prosecutors to reduce jail term. On the other hand, if an individual
were to represent themselves, they may not be able to strike such a
deal simply because most prosecutors have no rapport with the defendant
and are therefore in no mood to strike any deal with them.

Often,
people who seek a good defense lawyer are frightened away by the cost
involved. Many people feel that lawyer’s charges are too hefty and
therefore represent themselves in the case. This could prove to be a
costly mistake in future.