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rahulp678 · 9 months

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Urban Skyline Phase II: Luxurious Living in Pune's Ravet

Are you ready to elevate your lifestyle in the vibrant city of Pune? Look no further than Urban Skyline Phase II by Urban Space Creators! This exquisite residential project is your ticket to a convenient and opulent living experience in the heart of Ravet. With a perfect blend of modern amenities, spacious apartments, and a prime location, Urban Skyline Phase II promises to redefine your urban living dreams.

Discover Your Urban Oasis

Urban Skyline Phase II spans across a sprawling 3.44 acres of prime real estate and boasts a total of 584 meticulously designed units. Whether you're in the market for a cozy 2 BHK, a spacious 3 BHK, or a lavish 4 BHK, this project has something to suit every taste and requirement. With possession expected in December 2025, the time is ripe to secure your slice of urban paradise, starting from just 72 lacs.

Seamless Financing

We understand that owning your dream home requires financial support, and that's why we've got you covered. Urban Skyline Phase II has received approval for home loans from major banks, including Punjab National Bank. Plus, the project complies with all RERA (Real Estate Regulatory Authority) regulations, ensuring a transparent and secure investment. RERA ID: P52100031043.

FEEL FREE TO ENQUIRE HERE - https://urbanskylineravet.com/

A Legacy of Sustainable Living

Urban Space Creators have already delivered three projects with a strong focus on promoting a healthy and sustainable lifestyle. Urban Skyline Phase II continues this legacy, offering more than just a home; it's an opportunity to embrace a thriving, eco-conscious community.

Key Highlights that Make Urban Skyline Phase II Shine Bright:

Alexa Enabled Homes: Experience the future of smart living with voice-activated control.

Flower Garden and Herbs Garden: Reconnect with nature right at your doorstep.

Well Paved / Concrete Internal Roads: Smooth and hassle-free navigation within the complex.

False Ceiling In Entire Flat: Elegance meets functionality in every corner of your home.

Single Click Alert For Medical Emergency: Safety and security are paramount.

Open Air Gym (Cross Fit Gym): Achieve your fitness goals in style.

School Bus Pick Up Point: Convenient for families with school-going children.

Ganesh Temple: Embrace tranquility and spirituality within the community.

Amenities for Every Lifestyle:

Party Lounge

Swimming Pool

Multipurpose Hall

Restaurants/Cafeterias

Video Door Security

Banquet Hall

Sundeck

Gymnasium

Shopping Plaza

Yoga/Meditation Area

Basketball Court

Jacuzzi

Barbecue Station

And more – a total of 56+ amenities!

Impeccable Specifications:

Structural Excellence

Stylish Doors & Frames

Modern Kitchen

Premium Flooring

Top-notch Electrification

Elegant Painting

Expert Masonry Work

Quality Plaster

Durable Windows

Connectivity at Its Best:

Urban Skyline Phase II's prime location in Ravet ensures easy access to essential amenities and key destinations:

S B Patil Public School - 3 Mins

City Pride School - 3 Mins

Express Highway - 3 Mins

Mukai Chowk - 3 Mins

D Y Patil University - 5 Mins

D-Mart/Reliance Mart - 5 Mins

Aditya Birla Hospital - 10 Mins

Hinjewadi IT Park - 15 Mins

Bhakti-Shakti Park - 10 Mins

Conclusion - Secure Your Urban Skyline Dream Today!

Urban Skyline Phase II is not just a residential project; it's a promise of elevated living in Pune's bustling urban landscape. Don't miss out on this golden opportunity to make Urban Skyline Phase II your home. Embrace luxury, convenience, and sustainability in one harmonious package. Act now, and secure your future in style! Contact us today to book your dream apartment.

#urban skyline ravet #urban skyline phase 2 #ravet

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cybercrime-blogs · 10 months

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Matrimonial Website Nightmare: Software Engineer Scammed for Rs 1.1 Crore by Fake Profile

BENGALURU: A software engineer based in the UK, aged 41, became ensnared in an extortion scheme subsequent to his encounter with a woman on a matrimonial website. Employing a fabricated profile, this woman successfully extracted more than Rs 1.1 crore from the victim through manipulation and blackmail. As part of their ongoing inquiry, the Bengaluru police managed to freeze Rs 84 lakh in the woman's accounts.

The Genesis of a Deceptive Bond:

As per law enforcement, the victim arrived in Bengaluru for professional training and sought the possibility of discovering a life partner via a matrimonial website. Unbeknownst to him, his quest for love would expose him to the wiles of a shrewd fraudster. Upon registering on the matrimonial platform, the victim crossed paths with a woman who displayed a keen interest in getting acquainted. Their communication evolved through messages, eventually leading to the exchange of mobile numbers. Unaware of the impending deception, the software engineer believed he had formed an authentic connection.

Also Read: Cybercrime in Nagpur - Cyber Blackmailer Couple Arrested in Pune for Extorting Money

The Unfolding of the Extortion Scheme:

The woman adeptly established a rapport with the victim over the course of several days. On July 2, she initiated her first move by making a phone call to him, urgently seeking a loan of Rs 1,500, citing a medical emergency concerning her mother. Despite harboring reservations, the victim's compassion drove him to transfer the money, intending to aid someone in dire circumstances.

However, this seemingly innocuous loan plea marked merely the inception of a malevolent design. By midnight of July 4, the woman escalated her strategies by engaging in a video call with the victim. During the call, she purportedly engaged in indecent exposure while surreptitiously recording the interaction. Armed with this compromising video, she proceeded to wield it as leverage, coercing the software engineer to submit to her demands under the threat of disseminating the footage to his parents, thereby besmirching his reputation.

The Harrowing Extortion Ordeal:

Crippling under the fear of public shame, the software engineer fell prey to unrelenting blackmail. Yielding to the coercive tactics of the woman, he complied with her demands, transferring an astounding sum exceeding Rs 1.14 crore to two bank accounts and four mobile numbers, as dictated by the extortionist.

Also Read: Kashmiri Brother-in-Law could not show Kamal, and pressure on Nagpur police failed

Discovery and Pursuit of Justice:

The situation took a dramatic twist as the victim unearthed the true identity of the woman, but not before parting with significant payments. Recognizing that he had become entangled in a web of deceit, he mustered the resolve to approach the Bengaluru police and formally filed a complaint against the individual behind the extortion.

The case is being dealt with under the provisions of the Information Technology Act, and the authorities are resolute in their efforts to locate the perpetrator. A senior police officer disclosed that it is likely the woman created a fabricated profile with the sole intent of extracting money from unsuspecting victims on the matrimonial platform.

Authorities Take Steps to Reclaim Finances:

In the course of their ongoing inquiry, the Bengaluru police have effectively frozen Rs 84 lakh from the accounts held by the woman. While this measure offers a glimmer of hope to the complainant and other potential targets, the police remain steadfast in their mission to unearth further evidence, ensuring that justice prevails.

Also Read: https://cyber-crime-blogs.blogspot.com/2023/03/cyber-blackmailing-case-shatrughans-bail-plea-rejected.html

A Valuable Lesson for Online Users:

This distressing incident stands as a potent reminder of the inherent risks tied to virtual interactions. It accentuates the significance of exercising prudence and validating the identities of individuals encountered through online platforms. Furthermore, the case underscores the imperative of swift action against cybercriminals to safeguard the welfare of internet users.

As the investigation persists, the Bengaluru police encourage anyone who might have fallen victim to analogous scams or possesses vital information pertinent to this case to step forward and support the authorities in their quest for justice. While the journey toward recovery for the victim may be challenging, his courage in reporting the offense will unquestionably contribute to averting others from enduring a similar fate in the days ahead.

Source: https://www.the420.in/uk-engineer-extorted-rs-1-1-crore-bengaluru-matrimonial-scam/

#cyberthreat #cybercheating #cyberblackmailing #cybercrime #cybersecurity #cybernews #cyberattack

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joyvisas023 · 1 year

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How to Apply for a Student Visa for Australia in Pune

Studying abroad offers a world of opportunities for students to gain a global perspective and pursue quality education. Australia has emerged as a popular destination among Indian students due to its renowned universities, diverse courses, and vibrant multicultural environment. If you're a student in Pune aspiring to study in Australia, this step-by-step guide will walk you through the process of applying for a Student Visa for Australia in Pune.

Step 1: Research and Choose Your Course and Institution

The first step is to research and select the course and institution that aligns with your academic and career goals. Explore universities and colleges in Australia, considering factors such as program offerings, faculty expertise, campus facilities, and reputation. Gather information about admission requirements, entry criteria, and English language proficiency requirements. Australia Immigration Consultants in Pune help you obtain visa.

Step 2: Confirm Financial Ability

To obtain a student visa for Australia, you need to demonstrate sufficient funds to cover tuition fees, living expenses, and other costs. Prepare your financial documents, including bank statements, education loan documents, scholarship letters, or financial sponsorship letters from parents or guardians. Ensure that your funds meet the requirements set by the Australian government.

Step 3: Apply for Admission

Once you have chosen your course and institution, submit your application for admission. Follow the admission process of your chosen institution, which may involve submitting academic transcripts, letters of recommendation, a statement of purpose, and English language proficiency test scores (such as IELTS or TOEFL).

Step 4: Receive a Confirmation of Enrollment (CoE)

Upon acceptance into your chosen course, the institution will issue a Confirmation of Enrollment (CoE). The CoE is a crucial document required for your student visa application. It contains important details about your course, duration, and tuition fees.

Step 5: Create an ImmiAccount and Complete the Online Application

Create an ImmiAccount on the Australian government's Department of Home Affairs website. This account will be used to complete and submit your student visa application online. Fill in the required details accurately, attach the necessary documents, and pay the visa application fee.

You Check These:-

Student Visa for Germany

New Zealand Student Visa

UK Student Visa from India

Step 6: Health Insurance Coverage

As an international student in Australia, you are required to have health insurance coverage throughout your stay. Purchase Overseas Student Health Cover (OSHC) from an approved provider. Include proof of your health insurance in your visa application.

Step 7: Biometrics and Health Check

After submitting your visa application, you will receive a request for biometrics collection and a health check. Visit the designated location to provide your biometric data (photograph and fingerprints) and undergo a medical examination by a panel physician approved by the Australian government.

Step 8: Track the Progress of Your Visa Application

Once you have completed the necessary steps, you can track the progress of your visa application through your ImmiAccount. The processing time may vary, so it's important to regularly check for updates and respond promptly if any additional documents or information are requested.

Step 9: Visa Grant and Travel Preparation

Upon approval, you will receive your Australia Student Visa grant letter. Carefully review the conditions mentioned in the visa grant letter. Make travel arrangements, book flights, and start preparing for your exciting journey to Australia. Remember to carry all essential documents, including your CoE and health insurance details.

Step 10: Settle In and Start Your Australian Education Journey

Upon arrival in Australia, complete any necessary immigration and customs procedures. Settle into your accommodation and familiarize yourself with your new surroundings. Attend orientation programs organized by your institution and start your academic journey with enthusiasm and determination.

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eduminatti · 1 year

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Financial Literacy VS Financial Education

The difference between Financial Education and Financial Literacy

Many people are familiar with the term financial literacy, but many people don't understand what it really means. Financial literacy is a measurement of how well someone can manage their finances. A person with good financial literacy can make sound decisions regarding money and the future.

As per research conducted by schools in Pune ,Financial education is the process of educating students about money. This includes topics such as budgeting, credit cards, mortgages, loans, investments and more.

In some countries, financial education is mandatory for high school students so that they have a better understanding of these topics before entering college or university.Another survey done by schools in Bangalore ,this type of education aims to give young adults equal footing when it comes to managing their finances in the future.

I'm a big proponent of financial education. I believe that there are three key components to being financially responsible: income, spending and saving.

Income: You need to make enough money to cover your expenses and contribute to your savings. This is the most obvious part of being financially responsible.

Spending: You have to spend less than you earn, or else you'll be in debt.

Saving: You need to save some money so that if something happens, such as losing your job or having medical bills, you'll have some money saved up for those unexpected expenses.

What does it look like to teach financial education in the classroom?

Financial education is a hot topic right now, and for good reason. The statistics are staggering:

1 in 4 Americans are living paycheck-to-paycheck

70% of Americans do not have enough savings to cover three months of expenses if they lost their job.

53% of Americans have less than $1000 in emergency savings.

60% of Millennials don’t know how much money they need to save for retirement or have no retirement savings at all (Source).

The numbers continue to get worse as time goes on, but the good news is that there are many ways for teachers and school leaders to help students learn about money management at school. Here are some examples:

Teach personal finance – Teachers should be responsible for teaching financial literacy concepts such as budgeting, saving, credit scores, debt management, insurance policies, etc., using real-life examples from their own lives (Source).

Include financial literacy topics in the curriculum – You can include financial literacy topics in your curriculum by having students research companies' stock prices online and then giving them

In financial education, there are three main areas that we focus on:

Money Management

The first area is money management. This includes learning how to budget, save and spend wisely. We also look at how credit cards work, how interest rates work and what interest rates mean for your spending and saving habits.

Savings & Investing

The second area is savings and investment. We teach students about different types of investments, such as stocks and bonds, so they can make informed decisions about saving for the future.

Credit & Debt Management

The last area is credit and debt management. We look at how credit works in our society, as well as the role debt, plays in our lives today.

Not financially literate students do not understand the meaning of future costs.

Not financially literate students do not understand the meaning of future costs. They often make poor decisions about money, from taking out student loans to buying expensive things they cannot afford.

Financial literacy programs can help students learn how to make smart financial decisions and manage their money better. But many students lack access to such programs.

A majority of high school students in the U.S., for example, are not taught about personal finance in school (CFPB). When such programs are available, they are often voluntary or optional, meaning that some students may not be able to attend them or participate fully due to scheduling conflicts.

In addition to lacking financial literacy skills, many college students struggle with managing their money as they transition from living on campus with meal plans to living off-campus and paying rent or a mortgage while working part-time jobs.

The CFPB found that 43% of young adults ages 18-29 say they don't have enough money to pay for basic expenses like rent or food (CFPB).

These issues have implications for society as a whole: If young people are unable to make sound financial decisions, they could struggle later in life with credit card debt and other financial problems — which could affect their ability to buy homes and cars.

A study by FINRA found that:

46% of millennials have less than $1,000 in savings and investments

Only 22% have more than $100,000 saved up

Employers are calling for more education in personal finance. Why?

Employers want to help their employees manage their finances, and they're looking at education as a possible solution.

A survey by the Society of Human Resource Management found that 40 per cent of employers said they offer financial literacy training to their employees. That's up from 31 per cent in 2016. And 62 per cent of companies said they plan on offering it in the future.

The most common topics include budgeting, saving money, credit card usage and retirement planning. The average employer spends $1,500 per employee on these programs.

But why do employers care about teaching employees how to manage their money? Here are three reasons:

They want happy employees: Financial stress is one of the top reasons people leave jobs — behind only work-related stress and commute time, according to a survey by Gallup and the U.S. Chamber of Commerce Foundation.

So if your company can help ease that burden by offering education in areas like budgeting or retirement planning, it could result in happier people who are more likely to stay with your company longer (and maybe even refer others).

You'll also be less likely to lose good workers due to financial stress than if they were unhappy because they didn't get a promotion they wanted

Conclusion

The key difference between financial literacy and financial education is that the former is more focused on the information side of things, while the latter is more focused on the behavioural side.

In other words, financial literacy can be thought of as knowing what to do, while financial education is about knowing why we should do it and how to apply that knowledge.

#education #student #study #schools #parents

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mbadunia · 2 years

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How is BIBS Kolkata For MBA? Should You Take Admission?

Hey, Are you an MBA aspirant? BIBS might be a great solution for you, but before that see all the factors that can affect your decision. At the end of this blog, We'll also give our opinion on whether BIBS is good or bad for MBA aspirants.

MBA is the world’s most successful degree program offered to graduates. BIBS Kolkata admission 2022 is open and you are still confused about whether it is a good choice to enroll in the institute or not. To measure the standards for BIBS, we have set 5 different benchmarks.

BIBS Academics:

BIBS is one of the best management colleges in Kolkata in tier-3 colleges and in 2022, BIBS ranking in India was 114 for MBA and it is a grade 'A' college by NAAC. The institute is famous among students for its MBA program, and the admission offered both entrance exams based as well as merit-based. Students just need a graduation degree with a minimum of 50% aggregate marks to meet BIBS Kolkata MBA eligibility. The college even has foreign collaborations like the Management Development Institute of Singapore (MDIS). So, for this measurement, we'll rate the college 7 out of 10.

BIBS Placements

The World CSR Council awarded BIBS (Bengal Institute Of Business Studies) with the 'Corporate Excellence Award'. This shows the capabilities of BIBS in the region. The highest salary package offered to the college in 2021 was recorded at Rs 7 Lakhs per annum, which is not as high as MBA students are expected to receive but you shouldn't forget that BIBS comes under tier-3 college, and in this category is a good number. The average salary is also good at Rs 4 Lakhs per annum. Over 400 have recruited students from the campus and ITC Limited, ICICI Bank, Upgrade, Jaro Education, Nestle, Parle, and Hindustan Unilever, are some of them. So, we give this college a 6.5 out of 10 rating.

Read More - SIBM Pune Management Quota Admission In MBA

BIBS Quality Faculties

The faculty of the college are well qualified and are super experienced in their niche like prof. Gautam Sinha has over 40 years of experience. but at the same time, many of the lecturers have post graduation but it is recommended to have a Ph.D. in the subject that works better. A total of 7 faculties are in the MBA department with real-world problem-solving skills. For this combination between qualifications and experience of faculty, we'll rate it a 7.5 out of 10 scales.

BIBS Scholarship Opportunities

Since this is a professional master's degree, BIBS Kolkata MBA fees are big enough to question financially weak students' affordability. So, looking for scholarships is a great option to explore before enrolling in college. In this category to offer scholarships to students, BIBS falls poorly. There are not any specifically mentioned scholarship facilities for the students but the institute helps students to avail of education loans. However, for fewer opportunities in scholarships, we'll rate it a 3.4 out of 10 scale.

BIBS Infrastructure & Facilities

The infrastructure of the college is no doubt awesome from inside and outside both. The campus features all the necessary facilities for the students like a library, sports playground, internet, and CCTV monitoring. The entire campus is wi-fi enabled and has a health center for emergency medical situations. For infrastructure and facilities in the college, we'll give a 7.5 out of 10 rating.

Should You Take Admission in BIBS to pursue MBA?

Through our analysis and the factors we have included to set a benchmark, the institute has scored 6.4 out of 10 which is a good number for a tier-3 institute. We request you to consider it as an option for MBA but only under the tier-3 category in Kolkata. So, in our opinion, if you haven’t attempted any entrance exam with good scores and are looking for an MBA college in Kolkata that can kick-start your career in business and management, then definitely this might be a great option for your MBA persuasion.

So, if you’re looking to take direct admission to BIBS, then you should apply via MBA Dunia’s official website. You can call us at +91 9821771765 for any direct admission assistance.

Source Link- https://mbadunia.com/blog/how-is-bibs-kolkata-for-mba-should-you-take-admission

#BIBS Kolkata MBA fees #BIBS Kolkata MBA eligibility #BIBS ranking in India

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edifyadvice · 3 years

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A lot of people dream of getting an education abroad. Many boxes have to be ticked in terms of the course, university and the country of your choice before you can narrow down your options. Our study visa consultants have complied the list of countries that are favoured by Indian students and their advantages to make your task easier. We now provide online consultancy for studying abroad.

USA

American universities are amongst the world’s best in terms ranking and are recognized globally. The access to latest technology and multi-cultural environment makes studying in USA for Indian students a very attractive prospect. Our USA visa consultants can also help meritorious get access to numerous scholarships available. The job opportunities open for you from all over the world once you have a degree from an American university. For those looking for study abroad consultants in Bangalore can get in touch with us.

Singapore

If you are planning to study in Singapore, you have made the right decision as it is one of the best places to get an education in Asia. It proves beneficial to study in Singapore for Indian students as it is an extremely safe place to live in and the cost of education and living prove to be much cheaper as compared to European and American universities. You may get in touch with us regarding your queries for Singapore study visa.

Dubai

A lot of Indian students have started exploring the option to study in Dubai. The proximity to India is one of the reasons why Dubai has emerged as one of the top choices for students. The language is also another big advantage as you will find food and people from all over the country residing in Dubai. Also, you can get obtain degrees from western universities from their Dubai campuses for a fraction of the cost. You can get in touch with us if you looking for study abroad consultants in Calicut.

Australia

Indian students have been flocking to Australia to get an education for a long time now and for good reason. The education infrastructure is world class and the cost of living is much lesser as compared to USA and Europe. Also, students are allowed to work up to 20 hours a week to manage their finances, which reduces the burden on parents or the loan amount that you may need. Australia also provides work permit once you are done with your education which gives you a chance to stay back and look for jobs. Contact us to get access to the best study abroad consultants in Delhi.

Also Read:- Advantages of Hiring Overseas Education Consultants

Germany

The best part about getting an education in Germany is that it the education is free in public universities for various English-speaking courses. If you wish to pursue medical from abroad, then Germany is a great option as there is a lot of focus on research in universities. We have study abroad consultants in Pune as well as many other cities across India.

#study visa consultants #online consultancy for studying abroad #study abroad consultants in Delhi #study abroad consultants in Calicut #study abroad consultants in Pune

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developerprojects · 3 years

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Godrej Vista Keshav Nagar, Pune | Ever Wondered What Would It Feel Like To Live By

Godrej Vista - Overview

Godrej Vista: Luxury apartments with spectacular features for a life of wholesome goodness!

Pune is an incredible city in the state of Maharashtra that many want to be a part of. With so much to provides, a life in Pune is a life well lived! The real estate industry in Pune is thriving with a number of built-up ventures and commercial ventures in unique parts of the city.

Extended over 4.8 acres of sweet land, this built-up development contains 6 remarkable towers that offer 2 BHK and 3 BHK lavish apartments of unique configurations that are planned to delight! The flats carpet spaces start at Carpet Area 525 sq. ft. and go up to 1033 sq. ft., providing select luxury area that you will never run short of! With a total of 1400 built-up units, you can pick the perfect Flats that will be loved for generations to come.

Godrej Vista Keshav Nagar Pune is an exceptional built-up development that speaks lavish from start to finish! The flats are spacious, provide gorgeous ventilation, natural lighting, and contain branded fittings & fixtures, plush doors, quality flooring, large balconies and windows offering mesmerizing landscape looks of lavish greens and Yeoor Hills, splendid kitchens with high-brilliance platforms and multiple provisions, electrical ports, and switches for multiple electronics placed at the right places, hi-tech security features, and this list just go on. The external facilities include a clubhouse for recreation, a swimming pool that you can just dive in and reduce, a well-equipped gym to always stay fit and healthy, multiple sports amenities and a play Towne for your children's, an amphitheater, 5 acres of open greens, landscaped garden, fabulous sit-outs to spend time with friends and family, firefighting equipment for emergencies, 24hour water supply, well-planned car parking facility and well-trained safety with video surveillance.

A Location That Puts You On The Fast Lane

Located at Keshav Nagar Pune, Godrej Vista Keshav Nagar providing a life of accessibility each day as it has all of your daily and emergency landmarks in near proximity. Places like colleges, ATMs, schools, institutes, hospitals, banks, shopping centers, malls, cinemas, medical centers, convenience stores, supermarkets/hypermarkets, restaurants, cafes, clubs, pubs, lounges, automobile showrooms, all kinds of public transport and a lot more can be opened without worrying about long-distance trips.

the Godrej Vista Keshav Nagar Pune is affordable and well-planned to meet every cheap. May it be a new Apartments or an investment for that matter, an Flats at this development is definitely worth a buy. You can expediently choose from a number of payments plans laterally with flats loans at decent interest rates, additional discounts, NRI services, customer support and a lot more for a purchase that will be loved and valued for generations to come.

For More Details

Visit: - Godrej Vista Keshav Nagar, Pune

#Godrej Vista #Godrej Vista Keshav Nagar #Godrej Vista Keshav Nagar Pune #Godrej Vista Pune #Godrej Vista Apartments In Pune #Godrej Vista New Launch Apartments #New Launch Godrej Vista Pune #New Launch Godrej Vista Keshav Nagar #Pre Launch Godrej Vista Apartments In Pune #Godrej Vista Upcoming Project In Keshav Nagar #Godrej Vista Upcoming Project In Keshav Nagar Pune #Godrej Vista Upcoming Project In Pune #Godrej Residential Project In Keshav Nagar #Godrej Residential Project In Keshav Nagar Pune #Godrej Residential Project In Pune

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catchrupeefinance · 4 months

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Apply for a personal loan online at Catch Rupee.

Catch Rupee offers hassle-free loans for home construction, plot purchase, and commercial property with easy documentation, quick disbursal, and full transparency. Apply Now www.catchrupeeindia.com!

#Personal Loan Finance Companies #Finance Companies providing Personal Loan #Best Personal Loan Finance Companies #Apply education loan online #Personal loan interest rates #Medical emergency loan in Pune #Apply for Educational Loan Online in Pune #Apply for a personal loan online #Best personal loans services in Pune

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rahulp678 · 10 months

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Urban Skyline: Spacious 2, 3 & 4 BHK Homes in Ravet

Are you seeking a blend of comfort, convenience, and luxury in your new home? Look no further than Urban Skyline Phase II in Pune, a prestigious project by Urban Space Creators. With a strategic location in Ravet, these thoughtfully designed apartments offer a coveted lifestyle that combines urban sophistication with serene surroundings. Whether you're looking for a cozy 2 BHK, a spacious 3 BHK, or a grand 4 BHK home, Urban Skyline Phase II has it all to cater to your preferences.

Your Dream Home Awaits :

Urban Skyline Phase II spans over 3.44 acres of meticulously planned space, housing 584 units that redefine modern living. The possession is set for December 2025, giving you the perfect opportunity to secure your dream home. Starting from just 72 lakhs, these homes are not just residences but investments in an enhanced way of life.

Exceptional Features for a Modern Lifestyle :

Imagine waking up in an Alexa-enabled home, surrounded by the tranquility of flower and herb gardens. The project boasts well-paved internal roads, and the flats are adorned with elegant false ceilings. Moreover, the one-click medical emergency alert system ensures safety, and the open-air Cross Fit Gym lets you prioritize your well-being. Your convenience is further elevated by features like a school bus pick-up point and a serene Ganesh Temple within the premises.

FEEL FREE TO ENQUIRE HERE - https://urbanskylineravet.com/

Amenities that Elevate Living :

Urban Skyline Phase II understands the importance of recreation. It offers a plethora of amenities including a party lounge, swimming pool, multipurpose hall, restaurants, and cafeterias. Safety is a priority with video door security, while the banquet hall and sundeck are perfect for hosting gatherings. Stay fit with the well-equipped gymnasium, and explore a shopping plaza for your retail therapy. Embrace tranquility at the yoga/meditation area, or engage in sports at the basketball court. A touch of luxury is added with features like a Jacuzzi and barbecue station, giving you an experience beyond compare.

Location: Your Gateway to Connectivity :

Ravet's strategic location ensures quick access to essentials. Reputed schools like S B Patil Public School and City Pride School are just a 3-minute drive away. The express highway and Mukai Chowk are equally convenient, allowing seamless connectivity. For education, D Y Patil University is a mere 5 minutes away. Your shopping needs are well-catered with D-Mart and Reliance Mart just a 5-minute drive away. Healthcare emergencies are taken care of with Aditya Birla Hospital within 10 minutes. For professionals, the Hinjewadi IT Park is only 15 minutes away. Bhakti-Shakti Park, a haven for relaxation, is also just 10 minutes away.

Make Urban Skyline Your Reality :

Urban Skyline Phase II stands as a testament to Space Creators' commitment to healthy and sustainable living. With its RERA compliance and approval from major banks like Punjab National Bank for home loans, this project fulfills all necessities as required by the authorities. So why wait? Your dream home is waiting at Urban Skyline Phase II. Embrace a lifestyle that's tailored to your desires and invest in the future of luxurious living.

#UrbanSkylineLiving #RavetHomes #SpaciousLiving #ModernLivingSpaces

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propertyforsale3 · 3 years

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Godrej Green Vistas- Mahalunge to house premier 1, 2 and 3 BHK apartments- Invest for formidable returns

Pune, popularly known as the IT capital of India has a lot to offer in terms of employment prospects and promising property investment opportunities. With realtors capitalizing on key opportunities in order to cater to rising demands, it is inevitable that residents relocate to emerging parts around the city. People who were saving up as tenants are now transitioning to become first-time property aspirants. Considering the fact that cities like Pune have performed significantly well in terms of new launches and selling excess inventory, realtors are embracing surrounding infrastructure development. For instance, Godrej Green Vistas by Godrej developers is a residential project located to perfection at Mahalunge in Pune. The property offers 1, 2 and 3 BHK units that are spread evenly across 4.34 acres of landscaped greenery. One has the leverage of choosing among alternatives as there are 712 residential spaces up for grabs. Connectivity is an integral part of any successful property investment. With the railway station and metro station not too far from the project, residents can go about with their everyday commute with effortless ease and comfort. Also, effective connectivity benefits pave the way for surrounding infrastructure development as well. There are prominent schools, colleges and hospitals in vicinity as well. This would enable residents to provide the best for their children in regards to education and healthcare services. Godrej Green Vistas have re-defined their strategy by employing an approach which is entirely customer-centric. Meaning, residents are welcomed at the site to experience the amenities, floor plans, inspect foundation structures or even take a tour of the property. This would establish profitable relationships and enhance transparency which is the need of the hour. Which is home to renowned IT corporations, working professionals can invest early on in their career for a secondary source of income. Rest assured, investing around Mahalunge is sure to provide a formidable property purchase experience.

Godrej Properties- Led by commitment and dedicated to serve

The credibility of any residential property would depend on the approach employed by realtors. Concorde properties has been a competitive player in the market by providing fascinating residential and commercial spaces in order to cater to rising demands. Since it’s inception in 1988 and with a vision to creative innovative and sustainable structures, the group has transitioned to become the most preferred developer to partner with. In almost 20 years of its service in the real estate sector, they have completed over 20 million sq.ft of realty space across emerging cities. They have partnered with some of the finest architects who have designed spaces without compromising on the overall safety and convenience of in-house residents. By keeping the customer as the center of all attention, Concorde properties have transformed into one of the best in the south Indian property market. Partnering with Concorde would help you embrace luxury, safety and sustainability at the same time while embracing true design aesthetics like never before. Employing a strategy to promote transparency, the group has seamlessly able to gain the trust from individual investors. With customer delight as their main focus, they have maintained high standards and set impeccable benchmarks in regards to quality and consistency.

Structural specifications- What can we expect from Godrej Green Vistas

Property investments are long-term in nature. Unlike any other form of investment, one can estimate high returns that can help you accomplish long-term goals and provide a secured future for your loved ones. For instance, design structures within the premises are important and contributes to security and elegance at the same time. Godrej Green Vistas apartments are curated to precision by some of the finest architects around. This is in order to strategize individual residential expectations and not affect the security in any manner. The added leverage of visiting the site would give the added time to inspect foundation defects, consult with professionals and make constructive purchase decisions. For instance, an RCC framed structure along with vitrified tiles for walls and floors promotes a sustainable living experience. Architects at the site are sure to provide help in order to select effectively among alternatives.

Connectivity and infrastructure development at Mahalunge- Promising investment options

Location is by far the most crucial aspect that would determine the connectivity to the rest of the city, estimate the extent of infrastructure development and the price of the property. These are important aspects that need to be considered for profitable purchase decisions. Located precisely at Mahalunge, Godrej Green Vistas is close to prominent educational and medical institutions that promote further infrastructure growth. Close to the railway station on one side and metro station on the other, residents can now go about with their everyday commute with relative ease. Another prime reason why residents are relocating to Pune is because of high-paying employment prospects. The project is close to localities like Pune that houses prime IT spaces. This way, aspiring IT professionals can consider investing early in their career to stay particularly closer to where they work or focus on a secondary source of income.

In-house amenities at Godrej Green Vistas to influence key investment decisions

Like the location of the project that determines the connectivity and land appreciation, the amenities at a residential project would help residents lead a life of fulfillment without having to travel long distances to avail basic civic benefits. Godrej Green Vistas has devised features that in line with what customers expect and caters to safety and comfort requirements which are essential in every way. For example, the amenities comprise of an equipped gymnasium, recreational play parks for children, landscaped greenery, jogging tracks, water features, a clubhouse that is spread over 25,000 sq.ft, 100% electric/power backup for common areas/elevators and 24/7 security services with manned personnel stationed at the entry and exits along with CCTV coverage. The benefit of experiencing these amenities before the final purchase is a bonus for further comparison.

Importance of devising pre-existing floor plans

There is always a concern when it comes to the space that would be sufficient for the entire family. Rushing into buying a home can be risky as the space provided could be spacious or compact. Regretting decisions in the future does not bring any value to individual investments. However, consulting with advisers, talking with friends & family and devising a pre-determined floor plan would help residents compare their expectations with what is offered at the property. Godrej Green Vistas offers 1, 2 and 3 BHK units that are spread over 4.34 acres. The 1, 2 BHK apartments are spread over 468 - 631 sq.ft, 625 - 931 sq.ft while the 3 BHK residential spaces spans evenly across 815 - 1220 sq.ft respectively. There are 712 units up for grabs that provides alternatives to choose from. Moreover, the available floor plans provide a competitive edge over other residential projects around Mahalunge.

Price variables- What should customers consider?

Be it any product or service offering, customers are inclined towards the value associated with their purchase. Property investment decisions generally require allocation of surplus funds. It is of utmost importance that customers devise a budget so they don’t fall short of other primary funds for regular expenses. Godrej Green Vistas prices for individual apartments are curated to perfection and are in line with the standard of living in Mahalunge. The project is tied up with reputed banks that provide affordable home loan benefits. Inquire in for a hassle-free investment experience!

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Godrej Green Vistas- Property developments around Mahalunge to provide fascinating investment opportunities

#Godrej Green Vistas #Godrej Green Vistas Mahalunge #Godrej Green Vistas Pune

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inventivaindia · 4 years

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UPI tops as preferred repayment mode on P2P lending platform: Study

‘Emergencies’ major reason for borrowing

Pune, Mumbai and Hyderabad ranked top in loan repayment

Mumbai, Bangalore, Hyderabad are leading in lending on P2P platform

16% and 12% of women are lending and borrowing respectively

LenDenClub releases its 2019 borrowing and lending analysis – ‘The P2P Lending and Borrowing behavior’

Mumbai, February 25, 2020: Emergencies such as medical, rent, advance…

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#bank loan #best loan #business loan #ECONOMY #india #lenden #loan #online loan #startup loan #UPI

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nirafinance · 5 years

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Here’s How You Can Apply For An Instant Loan Online

Our modern lifestyle demands that we are able to keep up with our expenses and meet all our financial commitments. Traditionally people have looked up to friends or family to help them tide over a financial situation but of late most people prefer to lend money from banks and financial institutions. Not only is it a convenient way to borrow money but the repayment is extremely easy and simple as well. The borrower need not return the whole amount in one go and can choose the EMI and repayment period based on his convenience and repayment ability. Above all, most borrowers value the discretion which banks provide to borrowers.

For modern mobile-first people, instant online loans from Fintech companies are the fastest and the most convenient way to borrow. With a simple online application, loans are approved and reimbursed online in a completely hassle-free manner. If you’re looking for an instant loan online, you can download the NIRA mobile app from the Google Playstore. Once done, you can complete the online application which takes just a few minutes to complete, upload supporting documents for KYC and loan eligibility check.

In a matter of minutes, your online loan application will be approved and the desired loan amount is disbursed to your bank account. It’s important to note that loans are only provided to salaried professionals with a decent credit score and good repayment eligibility. If you’re a first-time borrower and do not have a credit score, then your loan application will be approved on the basis of your repayment ability. Your loan amount, repayment period and interest rate will depend on your credit score and repayment ability. Interest rates are usually higher for borrowers with a high risk of repayment default. It’s extremely important that you repay the installments on time and boost your credit score.

You can even Apply for an instant loan to build your credit score. A good repayment track record will help you build a solid credit score. This will help you avail larger loans like home loans, car loans etc in future.

Instant online loans have now emerged as the best and fastest way to avail credit and are even better than traditional credit tools like credit cards. The exorbitant interest rates charged by credit card companies are not recommended for financially prudent borrowers. You should look at online instant loans to fund your gadget purchases, vacations, unexpected medical or expenses of personal nature instead of expensive credit card debts. With super quick approvals and disbursals, online cash loans are giving credit card companies a run for their money.

If you’re a salaried professional looking for a cash loan in Mumbai, Pune, Delhi, Bangalore, Chennai, Kolkata, Hyderabad or Ahmedabad, look no further - head to NIRA’s website or install the NIRA mobile app on your phone to avail easy and instant cash loans online. Even if you don’t need the money now, you can apply and get a loan approved and seek disbursement when needed.

Source URL: https://bit.ly/2lL914C

#apply instant loan #instant loan online #cash loans in Mumbai

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bloggermotion-blog · 5 years

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Nowadays loans are required at any time. You can not predict the urgency and time before. In past, there were little options. Standing in Bank line was so boring and time-consuming. But now thanks to technology development, instant loan is available. It is easy, fast, paperless and with minimum documentation. Here you get the comprehensive list of NBFC approved by RBI, who provides best instant personal loan apps in India.

Complete List of Best instant personal loan apps in India

MoneyTap –

Best instant personal loan apps

MoneyTap is among the best instant personal loan apps. Here you pay interest only on the withdrawn amount. MoneyTap has a partnership with leading NBFCs in India. It is one of the top 10 instant personal loan apps.

You can get an instant personal loan online with zero collateral. The interest rates start from as low as 13-24.3% pa for 2 to 36 months of duration by using this app.

The maximum loan amount you can take through this app is 5 Lakh. You download this app and apply online by creating your profile and uploading essential documents. You can check your pre-approved loan amount before applying.

enefits

Very low amount as Rs 3000, you can take as a loan

No use no interest

Pay interest on the amount you uses, not on the entire approved amount

Get attractive rewards on Moneytap Credit Card.

Take loans for Marriage Loan, Travel Loan, Laptop Loan, Medical Loan, Education Loan, Used Car Loan, Two Wheeler Loan, Mobile Loan, Home Renovation Loan, Consumer Durable Loan, Debt Repay Loan.

Credy – Best instant personal loan apps

Credy offers fast and hassle-free loan with the paperless process. The maximum loan amount offered by Credy is 1 Lakh.

One drawback of this app is it offers loan in selected cities – Banglore, Chennai, Pune and Hyderabad. The interest rate applicable on loan amount via this app is 1-1.5% per month.

Benefits

Instant approval

Get money within 24 hrs

Interest starts from 1% pm

No hidden charge

Get top-up loans

PaySense –

Best instant personal loan apps

PaySense is best to get an instant personal loan online. It is a partner of IIFL and Fullerton for personal loan disbursal. This app is available on Google Play.

You can install PaySense app and get a personal loan for medical emergencies, marriage expenses, buying a two-wheeler or any other requirements.

The maximum amount of loan permissible by this app is 2 Lakh. The rate of interest rate starts at 16.8% annum. The loan amount and tenure are decided based on your risk profile.

You need to submit KYC documents along with bank statement to get a loan. Generally, it takes 3-5 days to get a loan using this app.

Benefits

Instant Personal Loan from Rs5,000 to Rs50,000/-

Fast loan approval & get money in your account

Collection of documents from your doorstep; just sign & hand over the required documents to the courier

Easy EMI plans with reminders and auto-debit facility so that you don’t miss timely payments

One-time documentation. No further checks required for second-time loan

KreditBee –

Best instant personal loan apps

KreditBee is an Instant Personal Loan Platform for Young Professionals, where they can apply for Salary Advance up to ₹ 1 Lakh as per their requirement. The documentation requirement is very minimal. It is one of the top 10 instant personal loan apps.

Also, the entire process starting from registration to disbursement does not take more than 15 minutes. The application process is completely online. On approval, cash is directly transferred to the bank account of the user.

KrazyBee Services Private Limited is an NBFC registered with RBI and Finnovation Tech Solutions Private Limited which owns the brand KreditBee and forms a part of the same group of companies.

It was started by a group of individuals from prestigious institutions such as IIT, IIM, and NUS among others, to solve the issue of easy credit among young professionals in India.

enefits

Get loan starting fromRs1,000/- up to Rs 1,00,000/-

Instant eligibility check

Submit basic details in App

Get money in Bank account

100% online Transfer

Low-interest rate and Processing Fees.

Get Personal Loan, Cash Loan, Online Loan, Instant Loan.

Indiabulls Dhani –

Best instant personal loan apps

Indiabulls Dhani is one of the best personal loan apps in India. It is backed by Indiabulls ventures. You can get unsecured Instant personal loan instantly using this app.

The best part of this app is no physical documentation required and interest rates are very low 11.99%. You can get a personal loan up to 15 Lakh using this app.

The processing fee of loan is 5%. To get a loan using this app, you need to download this app and provide your PAN number and address for verification. After entering the loan amount, you will receive the loan amount in your bank account within minutes.

enefits

Loan amount from Rs 1,000/- to Rs 15Lakhs

Take loans for Marriage Loan, Travel Loan, Medical Loan, Used Car Loan, New Car Loan, Two Wheeler Loan, Business Loan, Personal Loan.

Get Business loan starting from Rs10,000 onward, no collateral

MoneyView –

Best instant personal loan apps

MoneyView offers instant and paperless personal loans. You can take a quick and easy loan by using this App. You can avail Loan up to amount Rs.5 Lakh using this app.

It is completely app-based, no physical document required for availing a loan. The annual interest rate varies from 16-24%. The processing fee is in the range of 2.5-4%.

Benefits

Be salaried or self-employed get a loan if your monthly in-hand income is Rs 13,500 or more

Income should come in a bank

Min Cibil score of 650 or Experian score of 750

You should be aged between 21 years and 57 years

PaymeIndia –

Best instant personal loan apps

PayMe is an innovative FinTech app which offers short term loan or quick cash loan to the corporate employees. The primary focus area of this app is to provide quick cash requirement of salaried persons.

PayMe India has developed an exclusive lending platform for corporate partners. It is for Advance Salary of their corporate employees

Employees of any partnered organizations can borrow up to 50% of their net monthly income, payable against the following month’s salary. It is in the Corporate Cash Advance lending programme.

Benefits

Prevent any delay in your important payouts

No delay in payments

Option for Advance Salary

Short Term Loans.

Credit advisory services

The interest rate applicable on loan amount is 2-6% per month.

The maximum loan amount limit through PaymeIndia is 1 Lakh

FlexSalary –

Best instant personal loan apps

FlexSalary is a non-banking finance company (NBFC) registered with the Reserve Bank of India. This is also known as salary advance and instant cash loans app. This app offers loan to salaried people and it is up to 2 Lakh. To apply for a loan via FlexSalary, you need to sign up or log in via social account. After filling up basic data and PAN card detail your application will be submitted for approval. Once your loan is approved you will receive an amount directly in your account.

Benefits

One time signup.Subscription with varying interest features.

Instant Approvals.Instant Eligibility calculation.

Get your cash in minutes.

Pay minimum amount.No fixed EMIs.

No Prepayment Penalty

AnyTime Loan –

Best instant personal loan apps

AnyTime Loan is an RBI approved P2P lending on going platform. It also acts like a personal loan app. This app provides a loan to both salaried as well as self-employed individuals.

AnyTime Loan offers unsecured loans for your personal requirement. The maximum loan amount you can take through this app is 10 Lakh. The annual interest rate varies from 18% to 54%. It is one of the top 10 instant personal loan apps.

Benefits

You can invest your money to the borrower via AnyTime Loan

Can earn money up to ROI 40%

High Liquidity

Fully digital

EarlySalary –

Best instant personal loan apps

EarlySalary is a salary advance and Instant Personal Loan App. You can get a loan ranging from Rs.15000 to Rs.2 Lakh using this app. The interest rate applicable on loan amount is 2-2.5% per month. EarlySalary app provides loan at specific cities. You need to pay 2% processing fee for availing loan by using this app.

Benefits

No credit history required for availing loan using this app.

You can use this app at Amazon, Flipkart and Big Bazaar for easy EMI purchase.

Pay your child’s school fees on EMI. Hassle-free process. No paperwork.

Transfer your EarlySalary credit to Future pay, shop at any Big Bazaar & pay in 3 EMIs at zero extra cost.

You can use your EarlySalary limit to shop on Amazon and pay in zero cost 3 EMIs & affordable 6 EMIs.

Get salary advance up to Rs 2,00,000 starting at just Rs 9/day. Pay only for the no. of days you use the money.

Cash

e –

Best instant personal loan apps

Cashe provides instant short-term personal loans to young professionals. It checks one’s social profile, merit and earning potential using its proprietary algorithm based on artificial intelligence.

CASHe is completely automated and requires no personal intervention and no physical documentation for availing a personal loan. You can avail loan from Rs.5000 to Rs.2 Lakh using this app. The interest rate applicable on loan is 1.5% per month.

enefits

Completely digital

Hassle-free process

One time approval for a repeat loan

Loan option from Rs5,000/- to Rs.2,00,000/-

Loan tenure 15,30,90,180 days

#loan

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loyallogic · 6 years

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Legal Consequences of Defaulting on Personal Loan

This article is written by Utkarsh Nigam of New Law College, Bharti Vidyapeeth University, Pune. The author through this article discusses the consequences of defaulting on a personal loan. This article was written by the author while pursuing M.A in Business laws from NUJS.

INTRODUCTION

Personal loan is a type of unsecured loan which is taken to meet the current financial needs of any type. The need for urgent cash is fulfilled by this type of loan whether it is a medical emergency, money required to buy a house or to meet day to day expenses. The biggest benefit in taking a personal loan is that no questions are asked by the bank where the money will be put to use, along with it no security or collateral or guarantor is required to acquire the loan thus making it the favourable type of loan in case of a dire need. But this type of loan has drawbacks too. Money without any security would mean high interest rates are charged by the banks on these types of loans as this would in future become a risky situation for a bank. The banks do not give these types of loan to everybody the banks give personal loan to a person who has a good track record in repayment of the loans. There can be cases where a default can be done, in cases of personal emergencies or death or bankruptcy etc. In these types of cases banks have certain rights or recourses through which they can recover the amount which they issued to the defaulter.

Remedies Available Under Code of Civil Procedure

The first option available to a bank as a plaintiff is to file a Summary suit under Order 37 of the Civil Procedure Code, 1908. The Rule 1 Sub rule 2 states that the order 37 is applicable to all suits upon bills of exchange, hundis, and promissory notes or the money payable in written contracts or enactment in which a plaintiff seeks to recover a debt or demand which is a liquidated one. The condition for this order to be applied is that the sum to be recovered is a fixed a sum of money or is in nature of any debt except a penalty or guarantee in respect of a debt or liquidated demand. Rule 2 of Order 37 requires the suit which is filed under this order to be under the ambit of reliefs granted under this order only and not any other such relief which is not mentioned. Under Order 37 the decree for the suit filed can be get in two ways, first being under Rule 2(3) which states that the defendant is given 10 days from the service of the summons on him to appear. After he has entered in appearance the plaintiff which is the bank in cases of loan default taken from the banks serves on the defendant summons for judgement within ten days from date of service which is supported by an Affidavit verifying the cause of action, amount claimed and that in his belief there is no defence to the suit filed by him.

Rule 2(5) states that the defendant may within ten days from service of such summon for judgement, by affidavit or disclose such facts as may be deemed sufficient to entitle him a chance to defend or apply for leave to defend. This may be granted to him unconditionally or on such terms as the court may deem fit. The proviso to the rule further provides that leave to defend shall not be refused by the court unless it is satisfied that the facts disclosed do not indicate substantial defence or that it is frivolous.

The other way is to get the decree under Rule 2(6) which states that in case if the defendant does not apply for a leave to defend the plaintiff shall be entitled to a judgement immediately or the court may direct the defendant to give such security as it may deem fit. The delay in entering an appearance may be excused under clause 7 of the rule if sufficient cause is shown.

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The real benefit to a plaintiff of Order 37 suit is that where the defendant is not able to come out with a substantial defence in his case the plaintiff will be entitled to a judgement immediately. This procedure simply means that the long procedure followed in civil suits gets eliminated starting from filing a written statement to framing issues by court, cross examination etc. The long process affected the plaintiffs. Under Order 37 a plaintiff just have to show that the case falls under the ambit of this order and once the summons is issued it is now the duty of the defendant to show to the court with substantial proof that he is entitled to a leave to defend and if the leave is granted then Order 37 becomes an ordinary civil suit and then the defendant is directed to file his written statement within 30 days.

The Crux of order 37 was summarised in Sunil Enterprises & Anr. v. SBI Commercial & International bank Ltd. where the court summarised the points under Order 37, which were-

If the defendant satisfies the court that he has a good defence to the claim, the defendant would be entitled to unconditional leave to defend.

If the defendant is successful in indicating that he has a fair or bona fide or reasonable defence although not a good defence then also the defendant is entitled to unconditional leave to defend.

If the defendant discloses such fact which entitles him to a leave to defend, that is if in the affidavit he discloses that at the trial he may be able to establish a defence to the plaintiff’s claim, the court may impose conditions at the time of granting leave to defend the conditions being as to time of trial or made of trial but not as to payment into court or furnishing security.

If the defendant has no defence or if the defence is moonshine the defendant is not entitled to leave defend.

If the defendant has no evidence or the defence is moonshine, the court may show mercy to the defendant by enabling him to try to prove a defence but at the same time protect the interest of the plaintiff imposing the condition that the amount claimed should be paid into the court or otherwise secured.

In case of Precision Steel & Engineering works v. Prem Deva Niranjan Deva Tayal the court pointed out that mere disclosure of facts not being substantial one the facts are nothing and what is particularly a substantial evidence depends upon the facts and circumstances of each case.

The Court in Neebha Kapoor v Javantilal Khandwala that the main reason behind Order 37 is the expeditious disposal of suits of commercial nature and it provides for such disposal as expeditiously as possible by prescribing the time frame.

Order 37 is best suited for cases in which a defendant does not have a case or does not have a substantial evidence or proof for asking for leave for defence. Cases in which the borrowers disappear with no trace, these type of cases can be moved expeditiously. The decree as executed by the court has a strong effect which tends the borrowers to offer settlements after they are served with the summons.

Remedy Available Under NI Act

The second option available in cases when the cheque is issued to return the borrowed money and it bounces or is returned by the bank for insufficient balance in the account of the borrower or in legal language when the cheque gets dishonoured then the person would be liable under Section 138 of the Negotiable Instrument Act,1881. The person who is made liable under Section 138 of the Act has a civil and a criminal liability. The Supreme Court in the case of Laxmi DyeChem v. State of Gujarat & Ors. gave the judgement that criminal proceedings because of insufficient balance can be initiated because of lack of sufficient amount in the bank account. If any person is deemed to have committed offence under this particular section the person can be punished with an imprisonment of up to two years along with a fine which can be twice the amount of the cheque.

Remedy Available Under DRT Act

The third way available with the banks and Non- Banking financial institutions is to go to the Debt Recovery Tribunal which has been established under the Recovery of Debts due to Banks and Financial Institutions Act, 1993. The Government of India through the Act has constituted 38 DRTs and 5 DRATs (Debt Recovery Appellate Tribunal). The provisions of the Act apply to the cases in which the amount involved is not less than 10 lakhs. The prime feature of the Act is that only banks and financial institutions of any type can only make applications under Section 19 of the Act for recovery of debts under this Act. The DRT and the DRAT are not bound by the provisions of the Civil Procedure Code according to section 22 of the Act but are bound by the principal of natural Justice. Summary suit procedure is followed by the Tribunal for recovery of debts. The evidence is accepted through affidavit and cross examination is not allowed except in cases where the court is satisfied. The defendant has the right to file a claim of set off against the application filed by the plaintiff. The final order is passed by the Tribunal, if it is satisfied, directing the borrower to pay the required amount which is claimed by the plaintiff. If the borrower fails to pay the amount a recovery certificate shall be issued against the borrower under Section 19(7) of the Act which will then be executed by a Recovery Officer of the Debt Recovery Tribunal under Section 25. The Presiding officer of the Tribunal under Section 19(22) shall issue a certificate for recovery of the amount of debt and any other relevant dues to the Recovery officer. The following modes can be taken by the Recovery officer-

Attachment of sale of the movable or immovable property of the defendant.

Arrest of the defendant and his detention in prison.

Appointing a receiver for the management of the movable or immovable properties of the defendant.

The Tribunal under Section 19(24) shall be dealt by it expeditiously and efforts shall be made to finally dispose of the application made to it within one hundred eighty days from the receipt of the application. The Debt Recovery Appellate Tribunal shall also follow the same provisions under Section 20(6) of the Act and the appeal shall be disposed within 6 months from the date of receipt of appeal. Under Section 20(3) of the Act every defendant (borrower) is entitled to appeal against the order of the Tribunal within forty five days from the receipt of the order of the Tribunal to the Appellate Tribunal subject to the condition mentioned under Section 21 that the borrower should deposit seventy five percent of the debt as determined by the Tribunal.

Under Section 26 of the Act it shall not be open to the defendant to dispute before the Recovery Officer regarding the correctness of the amount specified in the certificate issued by the presiding officer and the borrower cannot make any objection with regards to the certificate on any ground

Where a certificate has been issued under Section 19 of the Act, the Recovery officer without any prejudice to the provisions to the provisions of Section 25 may recover the amount by any other means stated in Section 28 of the Act. These are-

If any amount is due to the defendant from any person, the Recovery Officer may require such person to deduct from the amount, the amount of debt due from the defendant and such person shall comply with such requisition and shall pay the amount to the Recovery officer.

The Recovery Officer has the power at any time by giving a notice in writing to the person from whom the money is due or will be due to the defendant or to any person who holds or may subsequently hold money for or on account of defendant to pay to the Recovery Officer after the money becoming due such amount which is sufficient to pay the amount of debt due from the defendant.

A notice may be served by the officer to the person who holds or subsequently will hold any money on account of the defendant jointly, and until the contrary is proved the shares of the joint holder will be presumed to be equal. The notice would be send to all the joint holders at their addresses and complying with the contents of such notice is mandatory in nature. Where a person whom such notice is sent if proves that he/she does not hold any money for or on account of the defendant then the person will not be required to pay any sum. But if it is found that the statement was false or the proof was false in nature then such person shall be personally liable to the Recovery officer to the extent of his own liability to the defendant or to the extent of defendant’s liability under the suit whichever is less.

If the person to whom the notice under this section (Section 28) has been issued fails to make the payment, then he shall be deemed to be a defendant in default in respect to the amount specified in the notice and further proceedings can be taken against him for the realisation of the amount according to the provisions of Section 25,26 and 27.

The Recovery Officer also has the power to apply to the court in whose custody the money is belonging to the defendant for payment of the amount of money due towards the debt.

The Recovery Officer may recover any amount of Debt due from the defendant by sale of his movable property in the manner laid down in the Third Schedule of the Income-Tax Act,1961.

In cases of corporate loans the new provisions of the Insolvency and the bankruptcy Code will be applicable. The Adjudicating Authority in relation to insolvency resolution and liquidation for corporate persons including corporate debtors and personal guarantors thereof shall be the National Company Law Tribunal having territorial jurisdiction over the place where the registered office of the corporate person is located.For other persons mentioned in the Act the adjudicating authority will be the Debt Recovery Tribunal incorporated under section 3(1) of the Recovery of Debts due to Banks and Financial Institutions Act,1993.

Insolvency and Bankruptcy Code

Under Section 7 of the newly passed Insolvency and the Bankruptcy Code,2016 a financial creditor may file an application to the adjudicating authority against a corporate debtor. The adjudicating authority within 14 days from the receipt of application ascertains the existence of any such default mentioned by the creditor. The authority if is satisfied with the application issues a notice to the debtor and if the debtor within ten days from the date of receipt of notice fails to make the payment of the debt then the creditor is entitled to make an application before the authority for initiating a corporate insolvency resolution process. The insolvency resolution process should be completed within 180 days from the date of admission of such application. For this purpose a resolution professional shall be appointed to carry out the process of resolution making. If the Adjudicating authority is satisfied that the resolution plan as approved by the creditors under Section 30(4) that is the resolution is approved by not less than 75% of the creditors then under Section 31 it shall by order approve the plan which shall be binding upon the Corporate Debtor and its members employees, stakeholders, creditors etc.

Where the resolution professional at any time during the corporate insolvency resolution process intimates the Adjudicating Authority, but before the confirmation of resolution plan, of the decision of the committee of creditors to liquidate the corporate debtor, then under Section 33 the Adjudicating Authority shall pass a liquidation order. The resolution professional under this case after the order has been passed will act as an official liquidator for the purpose of liquidation. The creditor under Section 42 within 14 days from the date of such decision has a right to appeal against the decision of such liquidator appointed if he gives a decision.

The same powers are conferred on the National Company law Tribunal as well which are vested with the Debt Recovery Tribunal as an adjudicating authority.

The above discussed ways have punishment of imprisonment if the provisions of these Acts are violated. Along with it, hefty penalties are also incorporated in the provisions of the newly incorporated Acts to make the borrowers aware of the penalties if they fail to comply with the provisions. The Insolvency and the Bankruptcy Code has shifted the existing debtor in possession to a creditor in control regime. The code has introduced the concept of Insolvency Professional as a type of intermediary to oversee the process which has nearly eliminated the process of the court as the decision maker, where a lot of time was consumed in the procedure stage and then on the enforcement stage. There is a surge in the credit market because of this and a sense of stability too. The passing of this Code has given a big boost to ease of doing business in the country. The most important feature which the IBC has brought along with the other ways through which suits of default of loan are settled are the strict timelines which are mentioned in the provisions of the Act. The objective is to curtail tactics of the debtors to delay the enforcement of the decree or the liquidation process. India has a high rate of bad debt problem, the Acts aim to curb that and provide solution to it by creation of a database of the defaulters so the business in the country can flourish easily. As India being a developing country may foreign investors are also coming to the country. The Acts discussed above are a way to bring all the lenders and the debtors on the same line and whether the property is located inside or outside the country the Acts cover it all.

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