Real Estate Growth and Investment in India – A Case Study

The Indian economy has grown rapidly during the past 15 years, which contributed to exponential growth in real estate properties across India. According to a recent article by Indian government, realty market in India accounts to a whopping 11% of the National GDP. Ever wondered why there is rapid growth in this industry, this case study gives a snapshot of factors that is contributing to its favor.

Population of many large cities in India has grown tremendously over the past decade. There is a colossal demand for residential and commercial properties in Tier 1 and Tier 2 cities. Some of the Top 5 residential cities in India are Delhi-NCR, Mumbai, Bangalore, Chennai and Pune. There are many key drivers for this exceptional real estate growth and investment in India.

a) Government of India has put up a roadmap for economic reforms to step up Infrastructure development by inviting investments from domestic and international players by creating business-friendly and Investor-Friendly atmosphere. Also, easing of monetary economic policies by cutting interest rates to make home loans by banks to buyers easily available and affordable.

b) Growing Urbanization and large scale migration of population from rural to urban locations in search of employment, higher income, better living conditions which has led to an increased demand for residential and commercial properties in the area.

c) From an Investment standpoint, since stocks and mutual funds are extremely volatile to market conditions, more people including middle-class income group, Non-Resident Indians are investing in real estate which offers high returns both in Short and Long term investments due to soaring property prices. Investment in residential properties also gives an option for residential buyers a second income to supplement their monthly Income.

d) Business activity and Setting up of IT development Centers, BPO, large scale manufacturing units in automobile and Engineering Sectors by multinationals has spurred growth in commercial office space requirements. As more and more MNCs setup shop in cities it opens new lines for overall growth & investment in real estate industry. These industries bring lot of job opportunities in to the system. More jobs means rising income levels, increased purchasing power for property buyers which is also another factor for real estate investment and growth.

e) State Governments in India have given green signal to develop residential townships, commercial centers, shopping malls near Industrial hubs, IT hotspots inviting both domestic and international investments for Constructing Connectivity bridges, state roadways, rail networks to ease the commuting traffic. Many large residential and commercial projects have sprung up to cater to the growing housing demand for real estate.

f) Augmenting the real estate growth are government policies in the pipeline to allow FDI (foreign direct investment) in retail, insurance, healthcare sectors of the economy which will likely see the real estate development and investment opportunities in India for many years to come.

Investment Opportunities in Pharmaceutical Industry of India

Amongst all the countries that fall under the category of developing countries, Indian pharmaceutical industry is one of the biggest and the most advanced. This industry has been a boon to the Indian economy. It provides employment to a huge number of people and ensures that vital drugs are made available to the huge population of India at affordable rates.

The drugs and pharmaceutical industry plays a pivotal role in the economic development of India. Being a very intense knowledge-based industry, it offers innumerable business opportunities for investors worldwide. Indian pharmaceutical exports accounts for export to more than 200 countries around the world. The annual turnover of pharmaceutical products contributes to about US$ 17 billion. In recent times, the Indian pharmaceutical industry has shown tremendous growth in terms of infrastructure development, product usage, and technology.

The pharmaceutical industry in India provides several opportunities for investments and trade due to the following factors:

• With respect to India’s huge population it is an excellent center for clinical trials.

• India has efficient and cost-effective sources for getting a hold of generic drugs, especially the drugs that are going off their patents in the coming years.

• India has abundant manpower with strong scientific, technical knowledge.

• The cost involved for research and development is very low.

• The production cost of quality drugs in bulk quantities is very low.

• India houses excellent laboratories with world-class facilities. It has laboratories that specialize in process development and the development of cost-efficient drug manufacturing technology.

• India is self-reliant in terms of the production of bulk drugs. Almost 70% of the requirements for the formulation of drugs is available within the country itself.

• Another important factor that is responsible for attracting foreign investments in the Indian pharmaceutical sector is the increasing balance of trade in the pharma sector.

• India’s fast growing biotech industry, which offers great potential in the international market, also has contributed in making the pharma sector in India an attractive industry to make investments.

• Besides the presence of different systems of medicines, such as Siddha, Naturopahy, Ayurveda, Homeopathy apart from its strengths in manufacturing makes the Indian pharmaceutical industry an attractive industry to invest in.

Due to all these advantageous factors, India is recognized as one of the leading players in pharmaceuticals in the global market.

The Indian pharmaceutical industry got a major boost with the signing of the General Agreement on Tariffs and Trade in 2005. This agreement helped India to recognize global patents. After recognizing global patents, the Indian pharmaceutical market has become a sought-out destination for foreign players to invest in the sector. Also, investment in pharmaceutical industry has vastly increased over the years since the industrial licensing for a huge number of drugs and pharmaceutical products has been abolished.

The Department of Chemicals and Petrochemicals, which falls under the Ministry of Chemicals and Fertilizers, overlooks all the planning, developing, and regulating of the pharmaceutical industry in India. The ministry permits up to 100% foreign investment provided that the investor adheres to certain stipulations laid down by the government. The ministry allows for exemption from price control for a period of 15 years if the product is patented under the Indian Patent Act and is developed through indigenous R&D in the country.

Thus, with such remarkable initiative of the Indian government, the Indian prospective pharmaceutical industry looks extremely positive for attracting more foreign investments.

Faith in a Seed, Investment in the Roots: Cultivating the Garden of an Entrepreneurial Venture

Henry David Thoreau once stated, “Though I do not believe that a plant will spring up where no seed has been, I have great faith in a seed. Convince me that you have a seed there, and I am prepared to expect wonders.” While I appreciate this quote, I think that it perhaps puts too much emphasis on the seed (or idea) alone. While a seed is necessary, I feel that attention should turn towards the roots (processes, goals, human capital, etc.) that single seed can lead to developing.

In fact, this observation reminds me of the recent Western Carolina University Leadership Development tour of the Cradle of Forestry in Western North Carolina, where I learned of the approach to life (and development) that an oak tree will adopt. Interestingly, in its first approximately 20 – 25 years of life an oak tree will spend ~70% – 80% of its energy and resources developing a robust and pervasive root system. In this example, while the seed is the starting point, it is the root system of a future, mighty oak that serves as the real genius of its development.

I think it is important to reflect on the oak tree’s approach to life. Instead of growing tall and strong first, the oak tree stays small and chooses initially to grow deep, deep into the earth. An oak tree grows with their long or end game in mind, not for the instant gratification and short-term results. This approach to life carries a lesson for all of us as human beings, but takes on a particularly relevant lesson for those of us who, as Machiavelli stated, “choose to take on a new order of things” in the form of innovation and entrepreneurship.

For example, when you think about an entrepreneurial venture, what you see standing above the surface is but a fraction of the energy and results of the effort invested in that organization or idea. For the purpose of this article, the primary components of a start-up’s root system are as follows:

• Value Proposition – identifies an aspect of your product/service that makes your offering appealing to potential customers and helps sell and market that product. This serves as the cornerstone to your venture.

• Talent Development/Cultivation – a basic strategy for bringing in, developing, inspiring, and maintaining the best talent associated with your venture with the greater goal of sustainability. Additionally, talent development can help maintain consistency, trust, and more exceptional customer service or product development, while aligning with the application of your value proposition.

• Strategic/Business Plan – frames your venture in a standard way by providing objectives and methods/strategies for reaching them. This is a recognized document that potential funders can relate to and it serves as a more accurate and robust expansion of your idea/product, the value proposition, and the stakeholders involved.

Finally, as an entrepreneur, the most valuable lesson to take away from the mighty oak is to remember to stay true to your roots. By doing this, you will invest your time, energy, expertise, and resources into your roots. If you nurture your roots, they can support you as you continue to grow to new heights and new depths!

How To Start A Mobile App Development Business With Little Investment

Most of the people who are planning to come up with their iOS Application development company usually think that they will immediately start earning twice as much for half the work which they use to do their regular jobs. Some folks do get lucky, but not everyone has that kind of luck. Before you enter the entrepreneurial world, it will be good that chalk out a solid business plan and a proper understanding of how the mobile app development industry works.

Given below are the few tips which will help you establish your mobile app development business:

Sign up as a developer: Let’s begin with basics i.e. gaining access to the Android and iOS app stores. As Google and Apple are one of the biggest players in the market, it is essential that you first sign up on these two stores. Once you completed the app, you need to submit it to these two app stores and each company will review your app before making it official on their store. The review process involves a check of app quality, interface, etc. And make sure you’re not embedding any malware or spam in the app.

Once your app is accepted by the app store, your app will be officially listed in their store, and you will get 70% of the selling price, and rest of the amount will be kept by the app stores. In order to get into the game, you to sign up for Apple’s iOS developer program which costs $99/year and for Android you need to register for Developer Console which has a one-time fees of $25.

Additional hats to wear: Having your own business means more flexibility with your time, but it also brings various other responsibilities which you have to handle efficiently. For instance, if you have started your business on sole proprietorship basis then you have to deal with different things like app testing, designing, interacting with clients, marketing and even have to handle the legal matters related to app ownership & contracts.

If you have a good budget, then you can Hire an iOS app developer who will design, developer and test the app on your behalf so that you can properly handle the marketing and legal tasks. Besides this, you can also start your business on the partnership basis and can take full advantage of pooled capital resources and manpower.

Build your app: If you have a small budget and have a good programming or coding knowledge, then you can write the app by yourself. Given below are four tools that will help you in building a feature-rich app:

Appery.io- A bit complicated for beginners, this tool packs an excellent integration of data services with apps. Appery.io comes with a free plan that allows maximum three pages and one user. And at the initial stage, three pages are enough, to begin.

Good Barber- This tool comes with a 30-day free trial package and after that, you choose their premium plan starting from $16/month. What makes this tool stand apart from others is its design elements, Google Font Integration and plenty of icons to choose from. Besides this, you can also find several online tutorials and webinars related to this tool.

Appy Pie: You can enjoy this tools free services if you let them run ads in your app else you can upgrade to ad-free plan which starts from $7/month. Appy Pie comes with pre-set app categories like restaurant, banking, radio, photo-sharing, etc. Apart from that, they also offer the wide range of features by which you can add different functionalities like GPS location, push notifications, and much more.

Game-Salad: If you are planning to create a mobile game then this tool is perfect for you. Most of the Android application development services provider have this tool. The free version of this tool consists of ads, but there’s a $299 version which removes ads completely and makes in-app purchases available. If you want to earn money via in-app purchases, then this tool will help you add this feature in your game.

Test, Test & Retest: Before you submit your app to the app store, it will be good that you check your app correctly. This is something which you cannot do it on your own; you can ask your friends to run the beta version of your app and tell them to provide you with the proper details of any issues, lags or bugs they detected while using the app.

Besides this, you can also roll out the early versions of your app that consists of limited features. By this, you will get a real-time response related to the functionality and user-interface of your app. You can also Hire Android app developers who will test the app on your behalf.

Submit your app to the app stores: After testing and re-testing your app, it’s finally the time you submit yours to the respective app stores. Once you have submitted your app, it will be reviewed by the developers working for the app store. An average time taken to review an app is 13 days. If your app excels in the app store’s quality tests, then they will list your app on their store, and you will receive a welcome mail related to the acceptance of your app.

Marketing your app: To increase the number of downloads and active installs it is essential that you promote your app using different marketing channels. You can start from word of mouth promotion by asking your friends and family members to download and use the app. Beside this, you can also deploy social media advertising techniques and list your app on various pages that will help your app reach international audiences.

Conclusion

In this post, you will read few tips that will help you start your app development business. Before you start, it will be good that you gain a good knowledge of ongoing & upcoming market trends and also chalk out a solid work plan which will help you achieve the desired target.

Small Business Ideas With Low Investment

1. Mobile Shop Business- Mobile Shop: Nowadays everybody is using Mobile Phones, and there are more opportunities to grow in the future. The way Mobile Market is growing, according to the price of opening a mobile Shop, it will be a very profitable business. You will not need too much capital for this. Start with a small shop and increase the shop as soon as income increases.

2. Grocery Shop Business- Grocery Store: Grocery Shop has always been counted as a good business idea. The biggest thing is that you do not have to have any special talent for it. In areas where the Grocery Shops are low, you can easily open Profit. If you also add the convenience of Home Delivery in this shop, it will grow faster.

3.Blogging Business – Blogging: Blogging is also a low investment business. If you write well and you have knowledge of computer and internet then this field also has immense potential for you. There are limitless possibilities for Future in this business. The beginning will be slow, which is in every business, but in a few days it can earn millions of rupees. Its best thing is that students and Part-Timers can also do this business.

4. Event Management Business – Event Manager: Event Managing is also the highest business at present. India is a country of festivals and festivals and people here organise events on weddings, birthdays and other small occasions. Most people are not able to do all the work of the event due to the busyness, so they need an Event Manager like you who can manage all the tasks and work from other workers. This is one of the Fastest Growing Businesses.

5. Beauty Parlour Business – Beauty Parlour: This business is the best and easy business for women. You can open a nice Beauty Parlour by doing 2 or 3 months Beautician Course. According to the way the use of Makeup is increasing nowadays, the future of this business is golden.

6. General Store Business – General Store: Opening a general store of everyday items in use can also be a great and profitable business. In it you can place Soaps and Shampoos, Beauty Products, Stationary and more. Women can also do this business with men. There is also great potential for Future.

7. Real Estate Business – Real Estate Agent: Nowadays everybody wants to buy their own house or take a plot and want to build their house on it. You can help him by opening Real Estate Agency. I know a lot of Real Estate Agents who help people choose home or land according to their liking, and in return receive commission of 1-2% of the cost of property. This is one of the most profitable businesses in Future Prospects.

8. Health Club / Gym Business – Health Club / Gym: At present every person, whether old or young, Ladies or Gents, all want their health to be good. For which they go to Health Clubs or Gyms and work out there. You can also earn good by opening a health club or gym in a good area. In Future, when your Health Club starts receiving good income, you can open its second branch in another area.

9. Computer / Laptop Repairing Business – Computer / Laptop Repairing: If you come to repair computer then it can prove to be a Best Business for you. But even if it does not come, nowadays many government and private institutions and Laptop Repair courses run. This course is usually three months old. You can easily open a Computer Repairing Shop by doing this course. Given the increasing use of computers, this business can be considered as beneficial for Future.

10. Trainer / Tutor – Trainer / Tutor: You can also earn good money by becoming a Trainer or Tutor. It requires a lot of money for this. If you are good in the field or in which case your guts are strong, then start teaching them to other students or people. If the number of learners increases after a while, then you can add some more Tutors or Trainers. In this way you can take this business to a very high level.

11. Professional Freelancer – Professional Freelancer: Maybe you do not consider Freelancing a business, but do you know that many people are earning a lot of money by opening Freelancing Agencies and as freelancers. If you have Web Designing, Software Development, Writing, Photo Editing, Writing, Translation etc. or any other talent you can easily earn money by becoming a Professional Freelancer. Nowadays there are many freelancing platforms that provide work to freelancers. The biggest advantage of freelancing is that you determine the time and cost of your work. There is considerable potential for this business to grow in the growing online world.

12. Interior Decorator – Interior Decorator: Everyone wants his house to look beautiful, because of his good impression on the people coming. People often hire the interior decorators for this. You can also help those people by starting the Business of Interior Designing. In return, you get good money too. There are also unlimited possibilities for Future. Apart from home you can decorate the interiors of Office and Shops too.

13. Bakery Business – Bakery: Bakery is also a very good and long-term business. It does not require much investment in starting. You can easily start it and make Bread, Toasts, Biscuits etc. and deliver it to nearby market. You can also do Home Delivery of your products. More information on bakery business and project reports can be found on this link – How to Start Bakery Business – Project Report

14. Home Canteen – Home Canteen: As the population continues to increase, work is also increasing and in the same proportion, Offices are also increasing. Office staff can not find the time to take lunch to their home or hotel. You can open a Home Canteen and bring food to their office for them. You can do this work only from your home and the income is also very high.

15. Electronic Store – Electronic Store: You can also open an electronic store by investing a little more investment. Nowadays demand for TVs, Fridges, Kitchen Appliances has increased so much and anyone can earn good earnings easily by opening an Electronic Store.

Business Ideas With Low Investment

What are the best business ideas with low investment? This is one of the most common questions among entrepreneurs who seek to start various businesses. Indeed starting your own business is one of the best ways of safeguarding your financial status but you have to choose the right niche. Below are some business ideas that can generate you income with little investment.

Copy Writing- The growing online community has attracted very many businesses which now prefer to market their products online instead of using the traditional marketing platforms. This has led to an increase in the number of websites that are being created every day. This phenomenon has led to a rampant increase in demand for high quality web content to help this new websites rank high on various search engines. You can start a copy writing business to develop content for this websites and blogs. However, one has to learn the various search engine optimization techniques as well as writing skills so as to offer quality copy writing services.

Translation Services- This is one of the most promising business ideas with low investment. Most businesses that seek to expand their operations from a regional scale to global scale as faced with a language barrier that hinders them from providing their services in certain geographic regions. By becoming a translation service provider, you will be helping these businesses to translate their documents such as brochures and flyers into different languages. You will need to learn various languages for you to take advantage of this low investment business idea.

Health and Wellness- Currently, very many people are looking for ways that they can keep their bodies healthy and productive in this fast pace environment with increasing health care costs. Many home based businesses have had success with their own online website. If you have the right training and expertise that we also offer in this niche, you can start offering various health and wellness services such as health supplements, skin and hair care and many more.

Consultancy- Working around the clock has never being fun to anyone due to the numerous tight schedules that one has to meet. Fortunately, consultancy one of the most popularized low investment business idea scan help give you more freedom. To start this business, you have you have to identify an area that you are well conversant with such as health or marketing then look for a premises that you can use set up at your consultancy office.

Affiliated marketing- I chose this after reviewing the benefits and options of having mentors and a program that taught me the important basics and continuing education that for success. Choosing the right people to work with was the foremost important aspect. People that have a great community, integrity and genuine personalities that help propel you towards your goals. However, for the business to succeed, you will have to market your products, but with the proper tools, knowledge and products you can succeed. This will help you compete effectively with other players in the same niche as well as expand your market base.

Take time to explore our website which can provide you business ideas with low investment that offers great products for the times and the enlightenment for a fast start to success with your own online business.

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