Dedication and perseverance are required for learning a language. There are many benefts from learning a foreign language. Some benefits are practical, some are intellectual and some others are sentimental. It’s true that lerning a foreign language has many advantages. And French is no exception. French speakers live all over the world. Once you know the benefits of learning foreign languages, it will inspire you more.

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The two recent big ticket deals witnessed in this southern city have put Chennai on the radar of foreign real estate funds and large developers.

AIG Real Estate Fund along with the Bangalore-based real estate firm RMZ Corporation has purchased an 11-acre plot at Guindy, which formerly belonged to Hindustan Teleprinters Ltd. (HTL), a subsidiary of telecom equipment maker HFCL for a princely sum of Rs. 298.1-crore.

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In yet, another such deal, Shyam Kothari, brother-in-law of Mukesh Ambani has bought IDBI’s 2.5-acreas Boat Club property in Chennai for Rs. 175-crore. Both these deals, which had one thing in common i.e. Jones Lang LaSalle, international property consultants as advisors, have taken the commercial property price in Chennai to a new high.

And, the HTL-AIG deal has pushed land price in Chennai to a record Rs. 27.1-crore per acre from its earlier price of Rs. 15-18-crore per acre. Over the last 12-months, the prices of premium properties in Chennai have increased significantly, driven in large part by high demand and limited supply.

Guindy, traditionally an industrial centre, has in recent years emerged as a centre for IT-firms and has been witness to commercial space developments. Software firms and technology parks have come up within the Guindy Industrial Estate, as well as, adjacent to the property with a major IT project, the Olympia Tech Park with about a million sq. ft. of commercial space is also coming up, nearby.

HTL, a subsidiary of Himachal Futuristic Communications (HFCL) (which took a 74% stake in the firm in 2001, when the government divested its holding), is under the purview of BIFR. And, HTL has another 50-acres on the arterial Mount road, which is expected to be auctioned shortly.

Since the easing of rules for inward investment in India’s construction industry in early 2005, the country has been inundated with foreign realty funds, such as, Warburg Pincer, Citi, Morgan Stanley, J.P. Morgan and Merrill-Lynch funds, which have mobilised over $3,000-million as investment in the Indian real estate market.

The prices of prime land plots have doubled as developers catch up on half a century of near inactivity to build homes, offices and shopping centres fitting for an economy growing by leaps and bounds i.e. around 9% a year. Foreign realty funds believe that in a market where developers are only just beginning to expand from their regional bases, picking a partner capable of becoming a national giant is difficult, but potentially lucrative. However, the task is complicated by the emergence of a raft of new developers, as the property boom lures a mixed bag of land owning companies, from financial service providers to hand-rolled cigarette makers.

The soaring property market has complicated valuations; many expect the prices to sustain, though some foreign private equity investors feel that Indian property firms have over-priced.

For more information on Real Estate Agents, MLS visit Propertiesmls.com

Source: IndiaRealEstateblog

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The main purpose of the foreign currency exchange market is to make money but it is different from other equity markets. There are various technical terminologies and strategies a trader must know to deal with currency exchange. This article will give an insight into the normal operations in the foreign currency exchange market.

In the Currency Exchange > market the commodity that is traded is the foreign currency. These foreign currencies are always priced in pairs. The value of one unit of a foreign currency is always expressed in terms of another foreign currency. Thus all trades incorporate the purchase and sale of two foreign currencies at the same time. You have to buy a currency only when you expect the value of that currency to increase in the future. When it increases in value, you have to purchase the currencies you have bought to make your profit. When you buy or sell a currency then the trade is called open trade or in open position and can be closed only when you sell or buy an equivalent amount of currency.

You must also understand how the currencies are quoted in the currency exchange market. They are always quoted in pairs as USD/JPY. The first currency is the base currency and the second one is the quote currency. The quote value depends on the currency conversion rates between the two currencies under consideration. Mostly the USD will be used as based currency but sometimes euro, pound sterling is also used.

The profit of the broker depends on the bid and the ask price. The bid is the price the broker is ready to pay to buy base currency for exchanging the quote currency. The ask is the price the broker is ready to sell the base currency for exchanging the quote currency. The difference between these two prices is called the spread which determines the profit or loss of the trade.

The bid and ask prices are quoted in five figures. The spread is measured in pip which is defined as the smallest change in price based on the current conversion rates of the currencies under consideration. For USD/JPY if the bid price is 136.50 and ask price is 136.55 then spread is 5 pips and you have to recover the five pips from your profit.

Margin used in the foreign currency exchange terminology refers to the deposit that a trader makes to his account to cover any losses expected in the future. A high degree of leverage is supplied by the brokers to traders for currency exchange. The ratio is 100:1 normally. The brokerage system will calculate the funds required for the current trade and will check for the availability of margin before executing any trade.

You have to understand the characteristics of foreign currency exchange market before investing your money. This market has extreme liquidity and always alive giving you wide spread opportunities to make profits. As there is so much potential for gain, there is potential for great loss too. You have to spend your time and effort and watch the market and trade at the right time to reap the profit.

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There may have been more than one occasion when you might have had to borrow money from a friend: at the coffee shop, in the office, or even for the cab service. When you run out of money, borrowing is usually your only way out. Juxtaposing the same with big corporations and the federal government, one would find it is not that easy for them. Not only have they to repay the money owed, but to top that amount with interest. That is why companie (more…)

Forex trading is all about making big money. Some investors have found it quite easy to make a large amount of money as the forex market changes daily. Forex, is the foreign exchange market. Online and offline you will find references to the forex market as FX as well. Forex trading takes place through a broker or a financial institution often where y (more…)