• Category Archives Finance
  • Loan Against Property In Ncr A Godsend During Financial Distress

    It is natural for you to get a bit worried about your finances when you want to send your son or daughter abroad for education, or even when you are seeking to finance your business” expansion.

    One of the various ways you can arrange finance is by taking a loan. You can either take a personal loan or take a loan against property.

    Loan Against Property (LAP)

    A loan against property is funds disbursed against the mortgage of property. Typically, the amount of loan given is a certain percentage of the market value usually in the range 40% to 60%.
    Loans against property are generally available for:

    “Expanding business

    “Son”s/daughter”s marriage

    “Financing studies abroad

    “Funding medical treatment

    “Funding a vacation

    A loan against property in NCR is given against any type of property that can include residential, commercial or industrial.

    Some of the requisites to apply for LAP are:

    “the individual must have property in his/her name

    “LAP can be applied to property that is collateral

    “there should not be any other encumbrances

    While loans against property are obtainable from leading banks, certain finance distribution companies also make LAP available. In addition, some well-known finance distribution organizations offer loans with cutting edge approval processes enabling speedy approval and quick disbursal of loan amounts.

    Some of these companies provide customized financial services including corporate debt syndication for large loans.

    It is surprising that many individuals are reluctant to leverage their property for taking loans.

    “When finances are strained, many prefer to borrow from family or friends”, says a financial expert.

    “But prudent borrowers have experienced that taking a loan against property is the best option because it is cheaper than a personal loan and importantly being a collateral loan you can get a higher amount than the one you get for an unsecured loan”.

    Here are some important pointers.

    “If the loan is against property that has multiple owners, then all of them will have to be joint applicants to avail the loan.

    “The property should be clear, without any encumbrances.

    ” The lender, such as a bank, will make a thorough check of all the documents related to the title of the property, and also ask for proof of identity such as passport or PAN card.

    “If you are an employee, the bank may ask for bank statements for the past six months, and if you are self-employed you may be asked for certified financial statements for the past two years.

    While taking a loan against property in NCR, borrowers must exercise due diligence, because in all matters related to loans, certain risks are involved.

    Firstly there is no scope of any mistake; everything should be right the very first time itself. Secondly you cannot default on loan payment. This can result in loss of ownership of property in a worst case scenario.

    But with good homework, and financial discipline, a loan against property is a boon in need.

  • Shanghai World Financial Center Construction

    Shanghai World Financial Center construction was one structure worth researching. As anyone could imagine, building such a structure as Shanghai World Financial Center requires knowledge that has not been know before-but with technology and testing the project was completed on August 28, 2008

    The importance of developing building technologies to resists earth movement and high winds in high-rise construction holds an important value. Initially planned to be the world’s tallest building, but because of economic situation, the Asian Financial Crises, and other delays, The Shanghai World Financial Center, located in Shanghai, China, is eye appealing. While it was in the building process, the building dimensions were increased for couple reasons that we know of. After a decision to increase gross area of the WFC in Shanghai by 15%, increase in overturning moment from wind forces of about 25% came as well. A diagonal bracing was also used. With the design changes, the service core shear wall was achieved and there came the decrease in the amount of steel needed for the robust structure.

    The first structure was called the mega structure, which in reality consists of major structural columns, the major diagonals, and the belt trusses. The second one was a concrete walls of the service core I mentioned above. The third system was a relationship between concrete wall of the service core and the mega-columns, that were made by the outrigger trusses…

    As the final design of LERA (Leslie E. Robertson Associates), Shanghai World Financial Center construction consisted of three relatively narrow columns, compared to seventeen wide columns. An important area to mention is how the stiffness of the perimeter and trusses has movement, as well as shears in the concrete walls of the service core, can be increased or decreased. The whole robust design is smiler that of the, previous, World Trade Center in NY. The wind engineering results were different compared to that of the World Trade Center in NY, based on extensive wind testing.

    The earthquake engineering for the Shanghai World Financial Center construction was extensive. The design allows for a 200 year period for typhoon return and a 2000 year return on earthquake. In the process of its foundation construction, temporary support for both mat and below-grade concrete floors were made because of the use of top-down construction method, H-piles large steel sections extended from the piling to the ground surface…

    Other issues that come with this high rise were the cost, as in any project. Because the pile cut-off was well below grade, it was costing too much to reinforce existing pile. LERA determined that the current pile foundation system they had in place could accept a larger expansion; they only had the issue of cutting the weight of the original building by 10% or more; the other aspect they had to do was to redistribute the loads to the pile so that increased lateral loads the come from wind and earthquake can be surpassed.

    For Shanghai World Financial Center construction or other building areas where winds are a problem, the seismic effects typically include:

    1. High base overturning moment and foundation design (wind, seismic)

    2. High shear demand near base (seismic)

    3. High gravity stresses in the vertical elements (and use of high-strength materials) to minimize structural sizes for
    economic structural design and to maximize net floor area

    4. Differential axial shortening under gravity forces, including effect on floor slope and outrigger force demands

    5. Development of ductility in elements at the base of a structure under high compressive gravity stress (seismic)

    6. Controlling lateral accelerations (wind)

    7. Controlling story drift (wind, seismic)

    8. Controlling damage so as to enable repair (seismic)

    9. Ensuring ductile energy dissipation mechanisms and preventing brittle failures (seismic)

    Each geographical location requires specific, special requirement, to be developed and tested, when the project is breaking new ground, like The Shanghai World Financial Center construction… Although other buildings were structured in that geographical location, but not with the same height and greatness…

  • What Is The True Meaning Of Finance

    The definition of finance is the provision of funds or loan supplied to an individual or company. Often this term is used for the study of economics and how money is controlled. It can be also defined as the management of funds and capital required by a business and private activities. Management of finance has also developed into a specialized branch within the financial sector and is carried out by finance managers.

    Managing this involves dealing with the optimization and allocation of funds to various areas either by borrowing or by using those available from internal resources. The word Optimizing may sound strange but it refers to taking measures that minimize the cost of financing while simultaneously attempting to maximize the profits out of the employed finance. Bad debts are poor finance management where rules have not been followed; the result of this is depressed markets, low production and a cash crisis. It is for this very reason that finance managers are very careful with finance they agree too and where it is funded from.

    It is not uncommon to hear finance managers referred to as bean counters as they are looking at immediate returns and initial costs against the potential at a later stage. Finance managers are the pessimists whereas sales managers are the optimists who look to the future and not to the past! Often though, problems occur with small businesses who fail to see the distinction between a business loan and a personal one. Most lenders will cancel the loan if they feel they have been deceived this way because they are unsure what the money is to be invested in.

    Hopefully by educating the small (and large) business owners of their fiscal responsibilities they may build the basis of an improved company in the future. Small businesses can be very flexible, however, and call upon friends, other businesses, family members, even their own bank for finance.

    Finance managers can help improve their company’s profits by using external sources which also lessens the risk on them at the same time. The famous comedian Bob Hope best summed up the subject when he once said; a bank is a place that will lend you money but only if you can prove that you don’t need it.

  • Your Path To Financial Freedom

    Posted on by admin

    Social Media Marketing: Building A Bridge To The Future With Solid Advice/p>

    You must take advantage of new and newest ways to use social media marketing techniques before they become ineffective.

    Put a Facebook “like” button on the homepage of your website. This makes it easy for readers to “like” your content on the social website. Having this directly on your blog lets your page without having to navigate away from your site. This will give you greater exposure to your site.

    You may notice that commercial pages on social media ad pages. It is a clever idea to use attractive images to draw buyers onto your ad. Once they look at your ad, they will be more likely to click through to your site and buy one of your products or services.

    Keep in mind that results will not be instant. It takes time to create a viable revenue stream using social media campaign.

    Be ready for the negativity associated with using social media. Social media is great when you get praise, but there is also an unfavorable side. Do not turn your back on it but answer them and try to make them happy.

    Have patience when using social media site. People must trust what you’re doing and whatever it is you are trying to sell. Take your time and focus on one customer at a good reputation for yourself. In no time you should have tons of customers.

    Your website should be tied to your other social networking profiles for increased exposure and a better level of visibility. This is easily accomplished by adding buttons on your site that will let your customers share your content via their own social profiles. These widgets should be on the main page of your website, in blogs posts as well as RSS feeds to help get your consumers to share content that you post.

    The tips you’ve read will help make your business a success, and will be able to help you market any future projects, as well. It’s always good to have strong social marketing skills. Make sure you follow the tips listed above in order to pull off a seamless SMM campaign.

    Chris Carpenter reveals his new program called The Info Cash. The program teaches Internet how to make use of Facebook and boost business sales. You can have access to this awesome product through this link. http://guideonhowtomakemoneyonfacebook.com/