Friday, December 17, 2010
How to interface high speed data converters?
There are several ways to give a signal to a high-speed ADC. This post explains the tradeoffs between baluns, transformers and op amps.
ADCs analog-to-digital converters deploy technology to sample and capture analog signals with great precision and at quick sampling rates. The complexity of data converters rises with high sampling rates and/or high quantity of bits. Data converters are specified with right input conditions, which you have to strict to in order to win the ultimate result. It is a challenge to gauge, drive, and interface the analog signal to the ADC input.
ADC input architectures and choice of driver
The analog-input configuration of an ADC differs based on the quantum of bits of resolution and the highest sample frequency. The input stage of the converter might be single-ended or differential. In addition, the inputs themselves may be high-impedance or they may be linked to switched-capacitor circuit elements. High-impedance inputs are sometimes named as buffered inputs. Both of these factors influence the option of the input driver.
Features. Maximum Sample Rate: 80 MSPS; 12-bit Resolution with No Missing Codes; Buffered Analog Inputs with. Very Low Input Capacitance (< 2 pF); High DC Resistance (5 k ). 82 dBc SFDR and 70 dBFS SNR (-1 BFS or 1.8 Vpp input) … [view original]
NORWOOD, Mass.–(BUSINESS WIRE)–Analog Devices’ low-power, high-speed 14-bit ADCs incorporate the JESD204A data converter serial interface standard. [view original]
Features. Maximum Sample Rate: 200 MSPS; High Dynamic Performance. SFDR 82 dBc at 140 MHz; 72.3 dBFS SNR in 60 MHz BW Using SNRBoost3G technology. SNRBoost3G Highlights. Supports Wide Bandwidth up to 60 MHz; Programmable Bandwidths – 60 … [view original]
Johnson Thermo-Electrochemical Converter System – SciForums.com. PDF/Adobe Acrobat – Quick ViewThe Thermo Scientific SRS Pro solvent recycling system can reduce mobile phase 12 bit analog-to-digital converter. • 1 Hz data rate. … [view original]
Analog Devices has unveiled a new analogue to digital converter, which consumes 328mW per channel – half the power per channel of competing data converters. [view original]
What Is A Solar Powerfulness Inverter and Why Do I Need …
These power inverters used to be very cheap a few years back but if you haven’t bought one back then you can buy one today. Think about the positive parts about this device. You will never have to face a dead battery in practically anything. This is just part of the coolness of this device.
You can find these power inverters in all sorts of sizes. This means that you can boy a small one that you will be able to use for small things like a laptop for example. You can also find large power inverters which you will be able to use to power bigger objects that require more power.
You should pay attention, though, to that you plug into the inverter. You will fry the inverter as well as some circuits of you car if you will plug a large object like mechanical saw into a small power inverter. You should buy the power inverter in correlation to what you are going to is it for.
If this is the first time you ever heard about a power inverter then you should really go and buy one because you will make your highway life a lot easier. You will be able to power up things that otherwise would be dead in a car.
Wednesday, December 8, 2010
How to Lay the Foundation to Start Your Own Business via Online Marketing
First, I recommend that you start your own business as opposed to buying a franchise or becoming a reseller. Subway is not in the business of making you rich. Yes, some manage to do it. If it was a foolproof plan, however, everybody would own one. To avoid having to deal with manufacturers, begin a service type business. Also, think locally. When you are just getting started, don’t try to compete on a national level. Start small and work your way up little by little. If you take care with each step in the process, a few years down the line you’ll be ready to launch a much larger campaign and your competitors won’t know what hit them.
Lay down the foundation to get ranked highly on Google so your business can last for years to come. Follow these guidelines to make sure you do it right:
1. Pick a domain name that describes what you do. Do not name your company after your last name. Name it after the product or service. When I began my firm, I did not know this and it took me a while to get Google’s authority on a particular subject. Now, my site gets around 400 hits per day, though I feel this could have been achieved far more quickly if I had chosen a domain based on the service I was providing. Only use .com domains, and shorter names are better than longer ones. To give you an example of how important this is, Google “NYC Sales Recruiters.” Look at a company by the name of Sales Expert Executive recruiters. They have a template based 10 page website. Then, look at mine. We have 170 pages of articles written about sales recruiting. That is how much weight the search engine puts on domain names. It took me nearly a year to learn how to beat them in most categories.
2. Brand your company for Google. Start out with what are called long-tail keyword phrases. Long-tail keyword phrases are 5 words. When I began to learn online marketing, I went after words like “New York City sales recruiters.” Then, as time progressed, I began going after shorter keywords and the traffic to my site increased.
3. Study how to build backlinks to your website. There are tons of articles out there telling you how to do this. Building backlinks to your site is very important, and at first, should be done gradually. Right off the bat, the best way to build links is to submit your website to several website directories. The main ones are www.business.com and www.dir.yahoo.com. It’s well worth the money. Then, begin a blog and frequently update it with posts. Have HTML links with the keywords you are going after pointing back to your site. Also, write interesting articles and submit them to online article sites such as Ezine. Writing is the key to gaining backlinks to your site and is the most important facet of online marketing success. However, when submitting your first articles to these sites, make sure they are perfect. If you mess up on the first few, the editors will dismiss your subsequent efforts.
4. Keep track of your site’s progress. You should begin to see an increase in website traffic and your Google page rank start to climb. Make sure people can contact you through the website. There is no better way to gauge your success with online marketing then how many clients are coming in.
So that’s opening your own business, in a nutshell. Depending on the industry you choose and the product or service you are selling, you will run in to your own unique problems and obstacles. Figuring out how to get past them, however, is just part of the fun.
Ken Sundheim is the founder of KAS Placement, which is a 5-year-old company with nearly 10 employees and growing at a very rapid pace. Read more about Ken here.
Tuesday, November 9, 2010
Occupational Health and Safety
Management of Occupational Health and Safety demands adoption of a structured approach for the identification of hazards, their evaluation and control of risks in the organisation. Bureau of Indian Standards has formulated an Indian Standard on OH&S management systems. It is called as the IS 18001:2000 Occupational Health and Safety Management Systems. This standard prescribes requirements for an OH&S Management Systems to enable an organization to formulate a policy and objectives, taking into account legislative requirements and information about significant hazards and risks, which the organization can control and over which it can be expected to have an influence, to protect its employees and others, whose health and safety may be affected by the activities of the organization. All the requirements in this standard are intended to be incorporated into any OH&S management system. This standard also provides informative guidance on the use of the specification.
Organizations interested in obtaining licence for OH&S Management System as per IS 18001 should ensure that they are operating the system according to this standard. The organization should apply on the prescribed proforma ( Form IV ) at the nearest Regional Office of BIS along with Questionnaire ( Form X ) and the prescribed application fee. The application shall be signed by the proprietor or the Chief Executive Officer (CEO) of the organization or any other person authorised to sign on behalf of the organization. The name and designation of the person signing the application must be recorded legibly in a space set apart for the purpose in the application form. Each application must be accompanied by a documented Occupational Health and Safety Management System Documentation (such as OHS manual etc.)
The Directorate General of Mines Safety (DGMS) and the Directorate General of Factory Advice Service and Labour Institutes (DGFASLI) are the two field organisations of the Ministry of Labour and Employment in the area of occupational safety and health in mines, factories and ports. The Directorate General, Factory Advice Service & Labour Institutes (DGFASLI), Mumbai,which is an attached office of the Ministry of Labour and Employment,functions as a technical arm of the Ministry in regard to matters concerned with safety, health and welfare of workers in factories and ports/docks. Directorate General of Mines Safety is the Indian Goverment Regulatory agency for safety in mines and oil-fields. The mission of the DGMS is to continually improve safety and health standards, practices and performance in the mining industry and upstream petroleum industry.
Wages and Benefits
Companies use both time and piece rates. The former is more common in organised-factory industries, such as engineering, chemicals, cement, paper and glass. Rates may be per hour, day, week or month. Piece rates, which the government has encouraged in order to boost productivity, are usually paid monthly, although casual workers are paid on a daily basis. Some industries (especially metal extracting, metal rolling, electrical machinery and glass) pay production premiums.
In the organised sector, wages are often set by settlements reached between trade unions and management.
The central government sets a general floor minimum wage and sets other, higher minimum wages for different industries. The state governments set different minimum wages for other industries, but these are not bound by the central government's floor wage.
Fringe benefits normally add 40-50% to base pay. By law, women are entitled to remuneration equal to that of men for performing equivalent work. Mandatory fringe benefits include the following:
Bonus for workers earning Rs3,500 or less per month (minimum of 8.33% and maximum of 20% of annual wages in factories employing ten or more). The minimum bonus payable is Rs2,500 and the maximum bonus actually payable is Rs6,000.
Dearness allowance (based on cost-of-living index) for all levels below management in firms employing 50 or more workers.
Provident fund at 10% of wages (12% for a large number of industries and business establishments) for all workers earning Rs6,500 or less per month.
One day of paid vacation for every 20 days worked (granted to every worker who has worked in a factory for a period of 240 days or more).
Health insurance (employer contributes 4.75% of total wage bill) for those who earn Rs6,500 or less per month.
Severance pay of 15 days of average salary for each complete year of continuous service.
Sick leave of seven days annually at full pay; half pay for those covered under the Employees' State Insurance Act.
Casual leave of seven to ten days for unforeseen circumstances.
Maternity leave of 12 weeks at full pay.
Engagement and Dismissal
The RBI (Reserve Bank of India) has raised the remittable per-diem rate from USD 500 to USD 1000, with an annual ceiling of USD 200,000 for services provided by foreign technicians payable to a foreign firm.
Technical personnel can remit up to 75 percent of their monthly net income through authorized exchange dealers. Total duration of employment of a technician is limited to 12 months at a time. Employment in excess of 12 months requires clearance by the Ministry of Home Affairs.
India is a member of the International Labor Organization (ILO) and adheres to 37 ILO conventions protecting worker rights. Industrial relations are governed by the Industrial and Disputes Act of 1947. The Act curbs unfair labor practices by employers, workers or trade unions through imposition of fines and imprisonment. Workers may form or join unions of their choice. Nevertheless, although unionized workers affiliated with national federations number more than seven million, their unions represent less than one fourth of the workers in the so called modern sector (subject to the Factories Act of 1948), primarily in state-owned concerns, and less than two percent of the total work force. Where workers are unionized, wage increases are negotiated between unions and management. Most unions are linked to political parties and their politicization has, in the past, created problems for domestic and foreign employers. Labor militancy has declined in recent years, however, even among the formerly strident Communist-Marxist unions of West Bengal. Workdays lost to strikes and lock-outs have declined every year since 1991. Worker rights are broadly protected under Indian law.
The Industrial Disputes Act established freedom of association and collective bargaining rights. The Factories Act regulates working conditions in mechanized factories employing more than 10 employees or non-mechanized factories employing more than twenty, prescribing standards for working conditions, working hours, handling and storage of materials, etc. Other laws regulate employment of women and children and prohibit bonded labor.
Enforcement of these laws has been imperfect, however, and working conditions for workers not subject to the Factories Act are often quite poor. Payment of wages is governed by the Payment of Wages Act, 1936 and Minimum Wages Act, 1948. Industrial wages range from about USD 3 per day for unskilled workers, to over USD 150 per month for skilled 149 production workers. Retrenchment, closure and layoffs are governed by the Industrial Disputes Act, which requires prior government permission to carry out layoffs or closure of businesses employing 100 or more workers. In practice, permission is not easily obtained. However, private firms
have successfully downsized using voluntary retirement schemes.
Monday, November 8, 2010
Jobs Commodities Automobiles Insurance Real Estate Travel & Tourism Health & Pharma Lifestyle Media Power Telecom Infotech Retail Infr
Arrivals and offtake remained at a low ebb, which also reduced the volume of business.
Traders said absence of buying or selling by stockists amid tight money market conditions mainly kept prices unchanged.
Following are today's quotations in Rs per tonne.
CTD saria (Kamdhenu) 8-mm, 41,200, 10-mm, 41,900, 12-mm 40,600, 16-25 mm 38,450.
Saria Jai Bharat (iso 9002) 8-mm 38,650, 10 mm 37,850, 12-mm 37,050, 16-25 mm 37,050.
Amba saria (iso-9002) 8-mm 37,500, 10-mm 36,800, 12-mm 36,200, 16-25-mm 36,000.
Amba shakti: (TMT) 8-mm 36,800, 10 mm 35,800, 12 mm 35,200, 16 to 25 mm 35,000.
M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500. Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900.
Garder (joist) (150x75) 33,500 (175x85) 32,5000 (200x100) 33,300 (125x70) 33,600. T-IRON (40X5)(40X6)(50X6) 33,500.
Real estate firm Disha Direct sets up UAE office
The company launched its global venture, Buy Indian Properties, in Dubai on Sunday to spearhead operations in the Middle East.
This is Disha Direct's second overseas office. The company already has a presence in New York, USA.
With the establishment of a local office, Disha Direct aims to facilitate investment by UAE residents in Indian property.
The office, located in Karama, Dubai, was officially inaugurated by actor Prashant Damle.
Disha Direct offers residential properties in cities, second homes away from the city, budget homes within city limits, developed plots, commercial properties and expansive acres of undeveloped land.
Speaking at the launch of the local office, Disha Direct Managing Director Santosh Naik said: "The property market in India is considered as one of the strongest property sectors in the world, offering reliable and highly lucrative investment opportunities."
"We are happy to enter the UAE market and believe it is an opportune time for us to be here, owing to the vast populace of Indian nationals living here. This is part of our vision of to reach out to the Indian communities across the world and build confidence, trust and credibility in all our projects in the real estate market place," Naik said.
‘Certain loose practices were developing in the housing sector’
Why did you tighten the home loan norms? Is there any problem in the segment?
We have been watching the situation. We noticed that certain loose practices were developing in the housing sector. We wanted to curb that.... that’s the motivation behind the move. Some slackness in the loans to value ratio and whether teaser rates go through the same stringent valuation that they should be going through. It’s not that we have actually seen so much of a problem. We have seen factors that could potentially lead to a problem.
There has been an asset price build-up. Do you think there’s a need to curtail flows to restrict price rise?
There has been an asset price build-up. Gold is at all-time high and equity prices are high. Moderating capital flows depends on a number of factors, not just asset prices. The exchange rate, currency, current account deficit. So far this year, the flows have been in line with current account deficit. Should there be flows far out of line with current account deficit, we might need to intervene.
Microfinance companies are charging very high interest rates. Why is the RBI not doing anything to bring them down?
The RBI regulates only one segment of the MFI sector, which is the non-banking finance companies involved in the microfinance sector. There’s no such separate categorisation of NBFC-MFIs. There are 37 NBFCs which are MFIs and regulated by us and none of them are deposit taking. Only about 13 out of 37 NBFCs are systematically important with business of over Rs 100 crore. The segment of the MFI sector that comes under RBI regulation is small but in terms of total lending, it might be significantly higher. Now there are questions about regulating interest rates and our stance is to move away from regulating interest rates. We can’t now turn towards this and start regulating interest rates. In any case, this is a question that Malegam committee will go through and we will take a view after the report is available.
Do you think capital flows are disruptive to warrant any intervention?
The flows so...
Indians prefer self employment: NSSO
The survey reveals that in rural India, more than half of all workers were self-employed - 57% among males and nearly 62% among females. The corresponding figures in urban India were 42% for male and 44% for female.
The percentage of regular wage and salaried employees was relatively lower among females as compared to males in both rural and urban India. For males its was 10% while its was 4% for female in the rural areas, and 42% for male and 40% for female in the urban areas.
The number of unemployed are maximum in urban India at 18 per 1,000 people surveyed while it was just 8 in the rural areas. According to the usual status approach (review of work in a full year), the unemployment rate in the rural areas was around 2% (almost 3% for male and 2% for female). In urban areas the unemployment rate was 5% (5% for male and 8% for female). The unemployment rate was, however, higher for females than that for the males in the urban area but it was lower than that for males in the rural area.
Among educated people, (with education level secondary and above), in the age group 15 - 29 years, the unemployment rate in rural and urban area was 12% and 16% respectively.
The number of casual labourers was highest in rural India at 433 per 1000 people surveyed. Rural Andhra Pradesh had the maximum number of casual labourers at 531, followed by Himachal Pradesh at 526, Tamil Nadu at 525 and Maharashtra at 507.
In the urban areas, Himachal Pradesh had the maximum number of casual workers at 410 per 1,000 followed by Tamil Nadu at 406 and Goa at 394.
About 56% of rural males and 31% of rural females belonged to the labour force. The corresponding proportions in the urban areas were 57% and 15% respectively. The proportion of female casual labourer was about 1% higher than that of male casual labourer in both rural and urban areas. he average monthly wage for...
Advantage and disadvantage of selfemployment
when i browse about this, a replay from a person to that post is,
Advantage: You don't have a boss standing over you all day long. You decide how much you get paid.You set your own hours. You decide what jobs you will do and which you will not.
.Disadvantages: You have to be self-motivated. You have to do all your own money handling and paperwork. You are only as successful as what you put into it. (That applies to most regular jobs too though.) You have to spend money to make money, you don't generally start at a profit level.
.You have to be smarter with your money because you have to be sure to set back your own retirement, all your insurances, vacation and sick time funding. Everything that a regular job would simply deduct from your checks, you now have to do yourself.
Source(s):
You do have the risk of unemployment.. if your business is not going well and you are not making the income you need, and you business is your sould source of income. Plus, if your business fails and it's all you have you can not draw unemployment, unless you pay into it, which most self-employers do not./// tandkalexander is somewhat correct. You do get to have some seriously great tax write-offs. I do not know what she does but as a self employed person my wardrobe and fuel expenses are pretty high. I deal with the public constantly. It depends on what you do, as to what you overhead is going to be.
'Self-employment is a better option'
Speaking to reporters on the lines of the Youth Employment Summit (YES) Hyderabad regional forum on Monday, Madhur said with the government closing its doors to youngsters, self employment schemes were the only options left.
Sunday, October 17, 2010
Job today (09 October 10 - 15 October 10)
taken from "www.employmentnews.gov.in"
1.Union Public Service Commission invites applications for various posts.- Staff Selection Commission notifies Special Examination for Recruitment of Sub-Inspectors in CPO’s, 2010.
- University Grants Commission notifies UGC National Eligibility Test for Junior Research Fellowship and Eligibility for Lectureship December, 2010.
- Oriental Bank of Commerce requires Probationary Officers.
- Indian Bank requires Probationary Officers.
- Bharat Heavy Electrical Limited, Tiruchirappalli needs Artisans.
- Mangalore Refinery and Petrochemicals Limited requires Non-Management Positions.
- Bhaskaracharya College of Applied Sciences, New Delhi requires applications for Teaching and Non-Teaching posts.
- Indian Air Force invites applications for unmarried Male candidates for Selection Test in February 2011 to Join as Airman in Group ‘X’ (Technical) Trades.
- Securities and Exchange Board of India requires applications for Asstt. Manager and Officer Grade Posts.
- NHPC Limited requires applications for posts of Hindi Translators.
- Staff Selection Commission, Mumbai invites applications for various posts.
- Tata Institute of Social Sciences, Mumbai invites applications for various posts.
- Employees State Insurance Corporation, New Delhi invites applications for recruitment of Professors and Associate Professors.
- Central University of Orissa invites applications for Technical Posts and Non-Technical Posts.
- Hq. Maintenance Command, IAF requires Direct Recruitment of Group-C Civilian Posts in Indian Air Force.
Monday, October 11, 2010
Property Prices Skyrocketing in Delhi and Mumbai
So, let’s define a bubble first. In a normal market, prices do rise, but only in tandem with the rate of inflation or a rise in middle-class incomes. Real estate enters bubble territory when prices climb unrealistically fast. But is that the case today? It is definitely a possibility, but only in the cities where prices have actually skyrocketed beyond affordability. It can be argued that they have done so almost everywhere in the country, but the fact is that local people are still buying homes on as-needed basis in most tier-II and tier-III cities. Nor is the supply in most of those cities either overly constrained or curtailed. So, when we talk of the possibility of a bubble, we’re actually only talking of property in Mumbai and Delhi right now.
The real estate market in Delhi led the correction, and Mumbai fell in line next. Both bounced back after the introduction of stimulus packages and the government’s actions in restructuring debt. During the revival phase, a large amount of capital sitting on the fences immediately saw an opportunity. This was first seen in the equity markets, and then later in the real estate and gold commodity markets - all three classes bounced back convincingly.
There is, therefore, a concern that these two markets have demonstrated higher-than- expected enthusiasm, especially in the central parts in the case of Mumbai, and Gurgaon and Noida for Delhi. A lot of investors have plugged in considerable amounts of capital in these regions, and the values, on an average, have now gone 30% higher than the last peak. Some of the residential developments in central Mumbai in 2008 had peaked at `30,000/sq ft. Today, they stand at 38,000/sq ft.
The kind of volumes that we have witnessed in the first half of 2010 has come down dramatically but the liquidity situation in the market has not dropped, and neither has the appetite for investment. In fact, the same enthusiasm, which had been previously contracted by the central parts of Mumbai, is now spreading towards the other parts of the city.
There is yet another reason for the concern over a bubble building on the market. All developers who had ventured to buy land overseas or across India are now buying only in the primary cities. In other words, Mumbai developers are concentrating on acquiring land solely in Mumbai, and the same is happening in Gurgaon. Investments are now chasing these tier-1 markets. If this continues, then there is certainly the probability of a bubble in residential property by the end of the year.
THE REAL ESTATE MARKET 2009
The global financial meltdown has had the first level impact – that of shocking the world and causing the global markets to crash. Once the markets recaliberate their expectations factoring in a new set of rules for the game, a new paradigm will emerge. Double digit growth and greed will be replaced by cautious optimism and realistic growth.
Fortunately, India's GDP has an extremely large component of domestic consumption, and as we see the reality of the global meltdown being completely absorbed and factored in to our future projections and expectations, we will see the result of the strong domestic demand.
2009 will be a year where we will see the results of the active government intervention in fending off the global crisis. While there is still a lot more that the government can and claims that it will do, the fact that customers still need homes will set in. This, complimented with lower real estate rates, lower interest rates and better incentives to customers to purchase homes will go a long way in rebuilding the entire real estate industry.
We have already seen a change in the customer sentiment towards purchasing a home and expect that the currently visible trickle of change in customer sentiment towards purchasing a home will translate into a normal buying cycle. The reality is that customers are astute and have started to realise that while buying at the absolute bottom is a near impossible task, the downside risk from current levels is fairly low. Further, the purchasing power has improved substantially with the current market scenario.
The drop in interest rates from 11.5% to 9.25% combined with a reduction of 15% in real estate rates has resulted in an increase in purchasing power of 33%. The same EMI would, at a lower interest rate provide for a higher loan. The higher loan used to purchase a home at a lower price would enable the customer to purchase more square feet.
The transition of the real estate market will however lead to some fundamental differences this time. Customers will purchase based on need rather than based on the euphoria and hype we saw in 2006-2007. Already, sizes of homes have reduced and customers will be more circumspect in their purchase decisions. At the developer end, the indiscriminate growth will also give way to more rational and safer growth plans. Plans that are not based on arbitrage between cap rates between domestic and international markets and excel spread sheets but on the fundamentals of brick and mortar.
I believe 2009 will see the customers who have deferred their home purchases in 2008 take the decision and purchase their homes given the affordability impact as well as the tremendous need for homes in the country. As a result of the reduced number of projects launched in the last 12 months, we will see better projects developed by reputed developers being sold out sooner.
Real Estate-OVERVIEW
The real estate sector in the country is one of great importance. According to the report of the Technical Group on Estimation of Housing Shortage, an estimated shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12) provides a big investment opportunity.
India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute, released in December 2009. The report, which provides an outlook on Asia-Pacific real estate investment and development trends, points out that India, in particular Mumbai and Delhi, are good real estate investment destinations. Residential properties are viewed as more promising than other sectors. While, Mumbai, Delhi and Bengaluru top the pack in the hotel 'buy' prospects as well.
The study is based on the opinions of over 270 international real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants.
Further, real estate companies are coming up with various residential and commercial projects to fulfill the demand for residential and office properties in Tier-II and Tier-III cities. For instance, Ansal Properties has several residential projects in cities such as Jodhpur, Ajmer, Jaipur, Panipat, Kundli and Agra. Omaxe has also planned around 40 residential and integrated township projects in Tier-II and Tier-III cities, majority of them being in Uttar Pradesh, Punjab, Madhya Pradesh, Rajasthan and Haryana. The growth in real estate in Tier-II and Tier-III cities is mainly due to increase in demand for organised realty and availability of land at affordable prices in these cities.
According to the data released by the Department of Industrial Policy and Promotion (DIPP), housing and real estate sector including cineplex, multiplex, integrated townships and commercial complexes etc, attracted a cumulative foreign direct investment (FDI) worth US$ 8.4 billion from April 2000 to April 2010 wherein the sector witnessed FDI amounting US$ 2.8 billion in the fiscal year 2009-10.
New Projects
Private equity fund IL&FS Investment Managers (IIML) plans to invest US$ 300 million in real estate and urban infrastructure projects by the end of 2010.
Godrej Group's real estate company, Godrej Properties and Frontier Home Developers, plans to develop a residential project in Gurgaon. This would be the first residential project in the national capital region (NCR) for Godrej Properties.
Shristi Infrastructure Development Corporation will invest US$ 444.7 million over the next three years in seven small cities in West Bengal, Tripura and Rajasthan. The money would be used to build integrated townships, healthcare facilities, hospitality and sports facilities, retail malls, logistics hubs and commercial and residential complexes.
Realty major Ansal Properties & Infrastructure Ltd plans to invest about US$ 330.8 million over the next three years on expansion of its existing integrated townships and to develop a group housing project in Haryana.
Integrated property development and asset management company, Vision India Real Estate Pvt Ltd, is planning to develop logistics parks in Bengaluru and Chennai, with an outlay of US$ 110 million.
Tata Housing is planning to launch about 10 new residential projects in both affordable and luxury segments in 2010-11, with an investment of about US$ 268.9 million along with its partners.