Mobile Laundry - Brilliant Business Model

Mobile Laundry, most of Indians are not familiar with this term, because they either wash at their home or give it to dhobis (washerman). When you consider developed countries, they have launders where more than 10 washing machine are available. Customers take their clothes and wash them there. Detergent, water etc etc are available in shop, charging per wash depends on the owner. Charges are either per wash or per kg based, which varies from location to location.

What is "Mobile Laundry"

Erecting 10 washing machines and providing this service is a proven business in many countries, but considering India, it is not very famous. Keeping in mind the small/medium scale budget, renting a shop is not advisable at initial  stages, until you are monetary wise strong enough to wait for 1 year to get your returns back. Mobile Laundry model is a movable container which can hold space for 2 washing machines, a water tank, a dryer, waster water collector, ironing table. This model can be customized to any format based on ones creativity. One sample model which we can think of will look like this.

How it works?

We need to take care of quite a big list of things listed below. 

Branded / Non-branded

Light color / Dark Color

Color fading - Yes / No

Detergent to be used - Expensive / Regular

Scented After Wash - Yes / No

Pressing - Yes / No

Once we have sorted this out, tag the clothes with billno and hand over the bill to customer with 24 Hour delivery promise. Added value would be to message them once clothes are ready.

Whom to target ?

You have to target the busy people having very less time for washing. Start promoting this concept by printing pamphlets, flyers, advertisement in local daily's or weekly's. Bachelors, Students, Working people, restaurants can be best target.

Initial Investment

Initially you can start with low capacity washing machine around 7 - 10 Kg capacity, and once you start getting more customers, purchase a commercial heavy duty washing machine. Per kg would be approximately 4 shirts, and assuming you charge Rs.50 per kg, one time full wash would be around Rs.500, out of which detergent + water + electricity + labor + rent would be Rs.300 maximum. ROI is clearly 65% which keeps increasing as you build good returning customers.

Start Fountain Soda Business

Earlier I discussed about options of starting Sugarcane business, its investment and running cost, its profit percentage. In this post, I have discussed in detail about starting a flavored soda business. This is also a standalone machine which requires very small space. Soda machine varies in different sizes and we can order based on the size of our shop.

Floor Size: Soda machine is kiosk form business, so this can be placed in walkway of malls or to a side of big super market or placed outside a crowded commercial spot. Based on space available we can order different size of soda machine. The more the size, the more number of flavors available in the machine, a normal small size machine will be 23"x33"x36", for 4 flavors to a maximum of 66"x32"x32" for 20 flavors.

Machine Price: This machine costs from Rs.1 Lakh to Rs.2 Lakh based on the number of flavors requested. When you purchase or make a deal, you should also get details of how many CO2 cylinders are provided along with this machine. Minimum 2 CO2 cylinders are required, one for use and one for refill, this is to avoid business shutdown because of CO2 shortage.

Power Consumption of the machine is around 900-1000watts, so 1unit of electricity is used for operating machine for an hour, which can produce around 500 cups of Soda, assuming 10 seconds for one cup.

500 Cups of Soda contains (250ml per cup): 250*500 = 125000 ml (125 Liters) of Soda

Material	Cost / 500 Cups
Mineral Water (Rs.25/20Liters can)	Rs:160.00
Paper Cup (Rs.0.40/cup)	Rs: 200.00
Flavours (Rs:100/Liter and 1gm/cup)	Rs:50.00
CO2 (1.2gm/cup @ Rs.100/kg)	Rs.600.00
Power Consumption (Rs: 10/unit)	Rs:10.00
Total	Rs:1020.00
Total (per cup)	Rs:2.00
Labor + Rent + Miscellaneous charges (per cup)	Rs:0.50

So for a cup of soda, real working cost is Rs.2.50 per cup, and based on the shop location, it can be sold for Rs.5 or Rs.7 or Rs.10 even, which is 100% - 300% profit. Let me know if you find this post useful.

Fruit Candy - Small Scale Business Idea

Fruit Candy in India are not very popular, when the big brand players rule the market with their expensive advertisements. Fruit Candies are also called crystallized candies, produced by merging fruits in sugar syrup or honey. When they are submerged fruit absorbs the sweetness and can stay eatable for months, when stored in cold place.

1. Prepare sugar syrup (Honey can be healthy alternative) in two concentration, thin and thick. 
2. Use dry fuits like dry jack or dry fig or dates or dry grapes or amla etc, cut them in to medium pieces
3. Soak them in thin sugar syrup for a week, so the fruit absorbs the sweetness
4. Cover the sweet soaked fruit with the thick concentration of sugar syrup.
5. Leave them to dry to give candy look.

This candy is healthy with honey and dry fruits. This is a new area not much explored in India, if properly marketed, this can be advertised with medicinal values, and can open new segment of candy business. Good Luck.

Mumbai, Banglore, Delhi Foreclosure property - July 2012

Contact bsathish78@gmail.com for any help...... 

Property Code	Area Description	Type of property	Expected Price
B 600 (Y)	BANGALORE at  Uttarahalli Bobli Land with School Building Measuring East to West 50Ft Plus 35 ft divide by 2 ft and north to south 50 ft . Exp Px -88 L	LAND WITH  SCHOOL BUILDING	88 L
B 596 (T)	BANGALORE at Kumara park West Land Measuring  393.60  Sq mtr  Exp px 2.75 Cr                                             Land Measuring  135.60  Sq mtr  Exp px 74 Lacs	RESIDENTIAL LAND	74 Lacs
B 593 (U1)	BANGALORE at Vasanthnagar Falt 1st Floor Measuring 1074 Sq Ft UDS XXX With Two Coverd Carparking Slots In The Basement Floor  Exp Px-72 L	FLAT	72 L
ND 601 (C)	NEW DELHI at Dhanda Paharganj Flat Measuring 33.33 Yds Exp Px 27.50 L	FLAT	27.50 L
M 601 (C)	MUMBAI at Chembur Byuilt Up Area 592 Sft Exp Px 82 L	OFFICE SPACE	82 L
M 601 (B)	MUMBAI at Panvel Land Measuring 450 Sft Exp Px 20 L	LAND	20 L
M 601 (D)	MUMBAI at Andheri (E)- J B Nagar Flat Measuring 378 Sft Exp Px 45 L	FLAT	45 L
M 601 (F)	MUMBAI at Bapat Road Built Up Area 715 Sft Exp Px 1.20 Cr	COMMERCIA  LAND AND BUILDING	1.20 Cr
B 601 (J)	BANGALORE at Yelahanka Land Measuring 1200 Sft With Building 18.50 Lacs	LAND WITH BUILDING	18.50 L
B 601 (T)	BANGALORE at Geddalahalli Village Flat Measuring 925.18 Sft UDS 277.58 Sft Expected Price : Rs 33.50 Lacs	FLAT	33.50 L
B 601 (T1)	BANGALORE at Gandhi Nagar Land Measuring 8220 Sft With Building Exp Px 34 Cr	LAND WITH BUILDING	34 Cr
ND 601 (K)	NEW DELHI Pushp Vihar Built Up Office Space 78350 Sft Ground Floor + 1st Floor With Carparking Space Expected Price : Rs 10.50 Cr	COMMERCIAL COMPLEX	10.5  Cr
ND 601 (M)	NEW DELHI C R Park 1) Built Up Arean 104.30 Sft Exp Px 29 L                                 2) Built Up Arean 104.30 Sft Exp Px 29 L	LAND WITH BUILDING	29 L
M 601 (S)	MUMBAI at Borvoli (E) Flat Measuring 469 Sft Expected Price Rs 76 L	FLAT	76 L
M 593 (F)	MUMBAI at Andheri (E) - Marol Flat Measuring 475 Sq Ft UDS XXX Exp Px 45 Lacs	FLAT	45 L
M 602	MUMBAI at Santacruz (E) - Kalina Village NA	FLAT	28 L

Chennai Foreclosure Property List - July 2012

Contact bsathish78@gmail.com for any help......

Prop Code	Area Description	Type of prop	Exp
596 W (2)	MADHAVARAM at Vinayagapuram  Flat 700 Sft UDS 330 Sft VACANT	Flat	17.50 L
593 F	MUDICHUR at Maruthi Ngr Flat 1st Flr 999.35 Sft UDS 671.5 Sft	Land	37.50 L
590 D (1)	MADHAVARAM at Ponniammanmedu Flat 780 Sft UDS 482 Sft 2BHK - CP	Flat	24 L
595 H (2)	ADYAR at Sardar Patel Rd Flat 9th Flr 2700 Sft UDS 992sft 4 BHK - CP	Flat	2.60 Cr
600 X	THIRUNINDRAVUR at Saraswathi Ngr Land 1183 Sft - Bldg 440 Sft	L & B	10 L
588 T (3)	NESAPAKKAM at Yerikkarai St Flat 2nd Flr 600 Sft UDS 256 Sft	Flat	19 L
601 A	SALIGRAMAM at Gandhi Ngr Flat 2nd Flr 1000 Sft UDS 405 Sft- CP	Flat	29 L
TN 2000 HB 17	SITHALAPAKKAM Total 29 Vacant Land(5288 sft 3757 sft 20340 sft 7492 sft etc ) VACANT	Land	1.40 Cr
TN 2000 HB 18	SHOLIGANALLUR Total 7 Land (969 sft 16930 sft 133144 sft )  VACANT	Land	5.50 Cr
600 X (1A)	UDUMALPET at Metrathi land 2.235 Acres Bldg	L & B	60 L
600 X (1C)	PALLADAM Land 9.73 Acres-Bldg	L & B	2.25 Cr
600 X (1D)	PALLADAM at Chittambalam Land 1.72 Acres Bldg	L & B	1.10 Cr
600 X (1E)	ERODE at Madachoor Land 4.49 Acres- Bldg	L & B	4.30 Cr
600 X (1F)	TIRUNEIVELI at Irrukanthurai land 22.69 Acres-Bldg	L & B	65L
601	AMBATTUR at NOOMBAL Land 1200 Sft	Land	44 L
588 D (3)	MADAMBAKKAM at Padmavathy Ngr Flat 1st Flr 885 Sft UDS 375 Sft	Flat	20 L
TN 2000 HB 19	VELACHERY 1) Land 20538 Sft-Bldg Exp 12.50 Cr   (2) Land 625 Sft Exp 40 LVACANT	Land	12.50 Cr
TN 2000 HB 30	BAGALUR (Total 12 Houses)  Land 1744 Sft - Bldg 577 Sft VACANT	L & B	6.50 L
TN 2000 HB 30 (1)	BAGALUR (Total 2 Land) LIG type Land 601 to 743 Sft VACANT	Land	2 L
TN 2000 HB 30 (C)	AVVAI Ngr LIG type House Land 378 Sft - Bldg 215 Sft VACANT	L & B	4.50 L
TN 2000 HB 30 (D)	KAVERIPATTINAM (Total 15 Land) Land 1211 to 1361 Sft VACANT	Land	7 L
TN 2000 HB 30 (E)	KRISHNAGIRI (Total 7 Land) HIG type Land 1614 to 2672 Sft VACANT	Land	18 L
TN 2000 HB 30 (F)	HOSUR Land 3366 Sft - Bldg 983 Sft  VACANT	L & B	56 L
TN 2000 HB 30 (F1)	HOSUR (Total 19 Land)Land 840 to 3985 Sft	Land	12 L
599 P (1)	MADHURAVOYAL Land 7 1/2 Cents	L & B	1.25 Cr
599 E	PONNERI at Attanthangal Land 2220 Sft	Land	7.50 L
TN 2000 HB 11	THIRUVANMIYU 1) Flat 920.43 Sft UDS 803.21Sft 2) Land 3505 Sft	Flat	82 L
596	SHOLINGANALLUR Land 4.37 Acres	Land

Online Remote Support - 'CrossLoop'

CrossLoop is almost similar to any screen sharing or remote access tool if seen on high level, but its actually not, if you dive deep in to its website. They are pretty much simple in listing their features.

Screen Share Mode: Both users need to install the cross tab software on their machine, host connects to crossloop server and get a access code which is shared to the target user, who then connects to crossloop server using that access code, ofcourse warning is provided to grant permission to the target user. Once connected, host is ready to share screen, share file of any size, provide remote support or give online training. This basic feature is free to everyone and limited one to one access, this seems to be a disadvantage compared to other screen sharing tools.
Another greatest feature they offer is the language support, they almost support 20+ languages, including HINDI. Click CrossLoop Software to download the application to your PC.
Online Support Mode: This is an awesome feature they provide. Any professional can purchase a license for online support and connect to crossloop server. Once connected they get listed in the Expert's page. If anyone across the wold needs a support from these professional, they can goto Expert's Page, search for the correct expert, look for their pricing/hour, their rating, their reviews and hire them to support you in fixing your issues. This feature seems to be one of its kind which I have not seen till now.
They give an unlimited remote connection sessions and the performance is ultimate. The whole remote session is secured completely with 128 bit encryption. After providing the support CrossLoop provides option to send bill to the customer and get the payments credited to the Expert's account, if the customer does not contact you and if the expert themselves have contacted a customer, then CrossLoop charges the Expert with Self-Referred Rate.

Free Remote Support Tool - 'TeamViewer'

TeamViewer tops the market as online remote control tool to access any remote PC. TeamViewer connects to any PC around the wold in seconds and take control for online support. They have 100 million registered users so far and still growing. This needs an installation on your machine unlike join.me or screenr.com who provide online screen sharing. The features list of TeamViewer goes big with some of them for you to know

• Free for individuals, but licensed once for commercial and its only one end, it can be shared to unlimited clients, license fee is minimal and great ROI within a year for customer care kind of corporates
• Very high security maintained for the sharing performed using 1024-bit RSA key exchange and 256-bit AES session encoding
• You don't need to worry about firewalls, blocked ports or NAT routing –TeamViewer finds a connection to the remote computer every time.
• Meetings, online training can be conducted up to 25 participants and avoid travel, rent for conference rooms
• Also provides a browser based presentation, so that participants do not need to install the software, they just need a browser and internet connection.

Free Online Remote Access - 'showmypc'

Today am discuss about features of another free screen sharing tool, showmypc.com. This is another great tool similar to join.me and screenr.com. As soon you open showmypc.com homepage, they have a crisp feature list.


Remote Access: A service has to be installed in the PC which needs to be controlled and activated. That's it, you can now take control of this machine anywhere. The target machine used to control needs an application which lists all the remote PC you have registered for, beside every remote machine you have "Connect to PC" to connect to the machine.

Private meetings: Customers can provide remote support, remotely access PCs, conduct meetings and demonstrations online. This is more for corporate who provide customer support and have some dedicated server.


Premium meetings: This is same as private meetings without the need of dedicated server, but only protected with a password.

Free Video Streaming - join.me

In my earlier post about Free Video Recording - Screenr, I discussed about the features of video recording and sharing provided by Screenr, completely free for basic usage. This post am going to talk about another similar free tool collaborate, train, help or just show off :) Very useful for online tutors, elearning institutes. join.me is another website featuring online live video streaming, without even registration.

Features - Free version

1. Visit join.me and get code, and invite others by emailing code, parties on other side just have to join using the code in url.

2. Once joined, screen can be broadcasted, paused, again broadcasted.

3. Free Internet Calling provided for talking to the participants

4. Free Chating provided for public chat with all participants or private chat with specific user.

5. Option to give control to other participants to share their screen.

6. Option to give control to participants to control your screen.

All these are available in free version, they also have a commercial version, which is based on the number of users. Additional features provided in professional version

1. Unique code for each broadcaster, rather having a new code everytime

2. Free desktop version provided, so no need of browser.

3. Schedule meetings in advance

What not, they are ultimate in the service they provide. This is another great tool in this video broadcasting segment. If you compare this tool to Screenr, join.me does not have sharing recorded video to social networking sites. join.me is more of live streaming done immediately.

Free Video Recording - Screenr

Every human has some unique talent, some show it outside and few lack to show it. Some go ahead one step and teach others. Recently I came across a very useful website(Screenr), for online trainers, who can record whatever they do in their PC, while they can talk, which can be recorded in maximum 5 clicks :) sounds easy isnt it. Say you want to show your friends how to apply an effect in photoshop, only thing you need to do is switch on the video recording tool and start using your photoshop as well keep talking what you are doing, once you are done, click done and your video tutorial is ready.

Step 1: Go to Screenr website

Step 2: Click Record

Step 3: Fix the frame you want to record

Step 4: Click Start Record

Step 5: Finish whatever you want to record along with your audio

Step 6: Click Stop Record

Now you have the video ready and you can either share it in social network sites like facebook, g+, twitter, or even email the video to someone private.

You do not have to go through a complex registration process, if you have google/facebook/twitter/linkedin account, it can be used to login to the application. Screenr also provide webcast, which means live streaming is possible, wonderful isnt it. The free version of Screenr has the basic options for any movie creation and live streaming.

Screenr is also provides a commercial version for corporate who can customize recording, have private sharing, replace company's logo for branding purpose etc. Screenr is the top most tool in this segment accepted by CNet, Mashable, The New York Times etc...

Power of Group Buying

In this fast moving machine world, everyone is busy and doing everything to get they income high to cope up with the increasing prices of everything starting from a pin to a house. Market is so vast and challenging nowadays so every product has to give some offer or the other to increase their sales. By default the first thing a manufacturer thinks is to sell more, so there is always a profit if booked in bulk, this power of group buying is something similar to that. 

Groups are formed within our relatives, friends, neighbors, colleagues etc and try to approach a seller for bulk order and share the discount the seller provides between the group equally, this way each one of us is satisfied with the same product with a discount, sounds simple right. Now how many of us implement this in real life, and in what places these are applicable? how often this can be implemented is another question. For any human, grocery is the first expense in monthly list, so why not we try this first within our friends or colleagues or relative initially ?

Let us take few examples and analyze this group buying concept to actually understand the real power of group buying

Product 1: Complan(Chocolate), 1Kg Pack - Rs.407.00, it already comes as two 500gm pack, so the cost of 500gm is Rs.203.50, where as if you buy only 500gm then the cost is Rs.216.00, almost Rs.13 more, think if you and your friend join together while purchasing this, you are saving Rs.13 in just one product.

Product 2: Britannia Oats, 1Kg pack is Rs.140.00, which brings 400gm to Rs.56.00 and 200gm to Rs.28.00, whereas if you buy them as separate pack of 400gm and 200gm it would cost Rs.58.00 and Rs.32.00 respectively, so again a profit of Rs.2 - Rs.4

Product 3: Ashrivad Atta, 10Kg pack is Rs.289.00 (1kg is Rs.28.9) and 1Kg pack is Rs.35, so if you and your friend are sharing this product, then you end up saving Rs.6 per kg

This is just an example list of items I could think of, you can actually join hands and saving money instead of giving it to the shop keeper or manufacturers extra. In case of  supermarkets bulk offers are very popular like buy 2 get 1 free, think if we just need only 1, we can share with our friend who is willing to buy the same product and enjoy the saving. 

In US, each area has a Group Buying club, where they join hands with members and purchase in bulk from wholesaler and pick up the product from this club, enjoying the profit equally among members, sounds great right. Lets start saving wisely :)

Fire Your Boss - The story behind

The world is now seeing internet revolution, wherever you go, whether it is to launch a song like kolaveri and win the worlds heart or launch a product or sell or buy or do what not using internet. The negative side of internet revolution is people getting cheated by false promotion and magical words. One such case is "Work Online From Home" to get rich. 30% of websites showcase someone whom you do not know showing a cheque with some whoooping amount attracting you, so what is all behind this ?

To my knowledge the most searched phrases in google are

1. How to make quick money

2. Earn money working from home

3. Free money to give away

4. Here is your share of profit

5. Spend 10 minutes daily and you can earn more than $50 everyday

and so on…

But, there is nothing called Free Money in this world. No one will give their money for free, unless you work and bring profit to them. So, don’t get fooled by some one, who sucks your time and effort and pay you peanuts.

I am not discouraging any one that you cannot work or earn money sitting at home. But there is nothing like “Earn $50 every 1 hour or earn $500 per day”, unless you are ready to put so much effort to get paid that handsome sum in your pocket daily.

There are two types of work from home. One is, you are associated with some company or won some online project and work on it. In this matter, you can earn the amount fixed by you and the company / project, as per agreement. Obviously, you know how much time and effort that particular job requires and you need to plan accordingly.

Apart from that, many people looks for wirting articles and earn money online, by attracting views to their articles. Again, it is not going to be so easy as you dream.

1. You need to be creative and capable of developing a single line story into a 3 hours cinema (just an example). Your content should be original

2. You need patience in editing and fixing photos / video to make your content more attractive.

3. You need to spend hours together to write more number of articles. The more the number of articles, the more the page views you receive and more the income you earn.

4. You need to spread the news after you finished publishing your work. For this, you need to log in to your social network sites (literally) and spread the news. Let us say, you are member of 10 social network sites like Facebook, Orkut, twitter, reddit and so on… Then let us say, if you are going to take 2 minutes approximately to log in and post your news in each site, then you need at least 20 minutes completely to spread the news of your new article to your friends circle.

After spreading the news, you cannot stand still waiting for page views to accumulate in your site, unless if your article is so catch and unique to attract people automatically. Otherwise, to make people visit your site, you need to visit them before. We write comments to other users and in turn, they visit ours and leave comments. So, let us say you need 10 comments and so you go and write 10 comments to your friends articles, then it is again going to consume your time. For example, if you take 5 minutes to read and comment an article, then approximately you need 1 hour to complete the entire task.

So, it is like 1 day to think about an article, 1 hour to write about it, 20 minutes to spread the news and again 1 hour to run through friends. So, you need to calculate how much it is worth. So friends, never get fooled by those Magical words “Earn thousands and fire your boss right now”. Because, with your boss, you are assured you will get paid at the month end, where as in working with online, you never know the ups and downs of earnings, unless you reached a level like 3000 or 4000 articles written already and they altogether has the capacity to draw at least $1 per day.

Otherwise, writing is fun and you can enjoy it, without a serious thinking of earning, which will surely raise by time.

BTTR - Back To The Roots

Back To The Roots (BTTR) is a great green initiative by two Berkeley university students. They decided to spend spring break growing mushrooms in the kitchen of their house. Nikhil Arora and Alex Velez stumbled upon a brilliantly simple way to change the way we think about food production.

In 2009, they launched Back to the Roots, which began as a tiny mushroom farm and has since moved full-time into producing irresistible little kits that allow pretty much anyone to grow their own oyster mushrooms. Two months away from graduation, and heading into the corporate world of investment banking & consulting, they came across the idea during a class lecture of being able to potentially grow gourmet mushrooms entirely on recycled coffee grounds. Inspired by the idea of turning waste into wages & fresh, local food, they experimented in Alex's fraternity kitchen, ultimately growing one test bucket of tasty oyster mushrooms on recycled coffee grounds. With that one bucket, some initial interest from Whole Foods & Chez Panisse and a $5,000 grant from the UC Berkeley Chancellor for social innovation, they decided to forget the corporate route, and instead, become full-time urban mushroom farmers!  

As the business grew, Arora and Velez also built a partnership with locally based Peet’s Coffee, somehow convincing the company to pay them to cart away used coffee grounds, which means they now turn a small profit on their biggest raw material. And as the two began giving tours of their West Oakland warehouse, where they would eventually grow as many as 500 pounds of fresh mushrooms per week. Then visitors started asking if they could take the coffee/spawn mixture home and try it themselves.

Back to the Roots has created 31 green-collar jobs in West Oakland, and they’re collecting and diverting about 40,000 pounds a week of coffee ground waste from the landfill. And turning waste into food just once isn’t enough anymore: They plan to start embedding vegetable seeds into the kits’ cardboard boxes, allowing budding farmers to grow their shrooms, plant the box, fertilize it with the leftover coffee grounds, and (hopefully) come up with tomatoes, basil, onions, or parsley. Back to the Roots has reached an estimated 10,000 kids via a Facebook campaign that donates mushroom gardens to elementary school classrooms nationwide.

Moral: Nothing is waste, waste for you is gold for someone else.

Auctioned Property - Not everyone's cup of Tea, even cheap

Real estate prices are soaring up and everyone's urge to buy a house is still as a dream. For those who dream of buying a property for the first time, this option may not sound good, because some people consider auctioned property unlucky, and have belief that buying the property which the owner does not willingly sell, another attractive factor in this auctioned property is the price fixed by the banks which is 25-30% less than market price. Also, since they are auctioned by banks, the title to these properties would likely be clear.

AUCTION PROCESS

Banks issue a public notice in newspapers about the proposed auction and invite bids. The notice includes the details of the property, date, time and venue of the auction, reserve price, and earnest money deposit.

Bidders must submit their applications to the bank quoting their bid amount which should not be less than the reserve price. Along with this, they must pay earnest money deposit which may be around 10% of the reserve price. The auction usually takes place after 30 days from the date of the public notice

• If the borrower settles the dues within 30 days, the auction will not happen and your earnest money deposit will be returned. 
• If the auction takes place and you do not win the bid, your earnest money deposit is returned. 
• If you win the bid, you will have to pay around 25 per cent of the bid price on the day of the auction. You need to pay the balance amount within the next 15 days or an extended period agreed between you and the bank.
• If you win the bid but do not pay the required amount within the specified periods, you will lose the money paid earlier. 

AUCTION INFORMATION SOURCES

• You will need to scan newspapers for announcements by banks regarding such auctions. 
• You can contact real estate agents who may have this information. 
• Web sites such as  http://www.foreclosureindia.com/,  http://indiabankauction.com/  http://bankpropertyauction.com/ provide online listings of properties which banks advertise to auction.

In a normal (offline) property auction, bidders gather at the auction venue where their bids are considered. Banks may also allow competitive bidding among the bidders for improving their offers.

CONSIDERATION BEFORE BIDDING

If the auction attracts aggressive bids, the price could go up and dilute the cost advantage. So, it is important that you make an assessment of the market value and bid prudently to get a good deal. Also, to be on the safer side, it is better to check the property documents before deciding to bid, or engage a lawyer to verify the title.

Also expenses on any repairs, renovation, unpaid property taxes, electricity dues and statutory liabilities will have to be borne by the buyer. The buyer also has to bear other expenses such as stamp duty and registration fees. So, do a proper inspection to assess the true cost of owning the property.

Smart Phones under Rs.10000

Samsung Galaxy Y S5360

Currently priced at Rs 7,000, the Samsung Galaxy Y has Android 2.3 Gingerbread OS with 830 MHz ARMv6 processor, 290 MB RAM and a 2MP camera. Galaxy Y comes with a 3 inch TFT capacitive touchscreen, Samsung's TouchWiz user interface and multi touch function. It has 180 MB internal memory which can be expanded by up to 32 GB. Other features include WiFi b/g/n with hotspot, Bluetooth v3.0 A2DP, a 1200 mAh battery, 3G and A-GPS.





LG Optimus Net P690


Currently priced as low as Rs 9,999 now. The Optimus Net comes with a 3.2 inch capacitive touch screen with accelerometer and proximity sensor for better gaming. It has an Android 2.3 Gingerbread operating system powered by an 800 MHz Qualcomm processor. This is only the second handset to feature Android 2.3 with above 800 MHz processor. Its other features include a 3.15 megapixel camera, 32 GB expandable memory, WiFi b/g/n, WiFi Hotspot, DLNA capability, Li-ion 1500 mAh battery, A-GPS support etc.





Nokia E5 


There are many more Nokia handsets within the Rs 5,000-Rs 10,000 price bracket, such as Nokia C series X series phones, this E series is priced at Rs 9,000, Nokia E5 runs Symbian S 60 operating system on an ARM 11 600 MHz processor. Nokia E5 has the best in the industry 5 megapixel camera with flash, 32 GB expandable memory slot, 2.36 inch display, 1200 mAh battery, A-GPS, Nokia Maps, Bluetooth, WiFi b/g etc.



Micromax A70


Very reasonable price of Rs 7,600, Micromax A70 3G comes with Android 2.2 Froyo operating system and a 600 MHz ARMv6 Qualcomm processor. Its 3.2 touchscreen is a capacitive one that supports multi touch input. A70 is the only handset in this list to feature dual cameras — a 5 megapixel camera at the back and a front facing VGA one. Other noted features of Micromax A70 include a 1450 mAh battery, 32 GB expandable memory option, WiFi b/g with hotspot feature and Bluetooth.

Sony Ericsson Mix Walkman


It is priced at Rs 6,250, and is the cheapest phone in the list. As the name signifies, its key feature is its Walkman. Sony Ericsson Mix Walkman comes with a Zappin key to search music. When pressed, the Zappin key opens a preview of the next track and lets you decide whether it is a favourite you want to listen to or not. A Karaoke function also enables the vocal track from any song to be lowered instantly so you can sing along. Though it's the only phone in this list to run on a Java operating system, it has a decent specification list with 3 inch scratch resistance display, 256 MB internal memory expandable memory up to 32 GB, WiFi, Bluetooth, 1000 mAh battery and 3.15 megapixel back camera.

தமிழ் வளர்ப்போம் - பேஸ்புக்கில் தமிழில் பெயர் மாற்றும் வழி

1. Goto Google Tamil Translate -> Type your name in English and press SPACE

2. It converts your name into tamil

3. Facebook -> Home -> Account Settings

4. Name: Edit

5. Copy and Paste your name from Google Translate website into the name settings text box, do not forget to enter password and click save changes.

E-Challan Initiative by Chennai Traffic Police

I see many funny posts about singara Chennai, how its traffic system is and about  Chennai City Traffic Police (CCTP). When we make fun of them, we should also appreciate their efforts. It does not reach public completely, because of very less awareness, let it start from literate people.

The e-challan system has proved so successful that the investment cost of Rs.2.83 crore was recovered in just four months. The CCTP's monthly average fine collection until June was around Rs.70 lakh a month. This works out to Rs.2.8 crore for four months. But, in the four months since the launch of the system, the fine collected has been over Rs.5.8 crore.

The money raised through fine goes back to the road-user. We use the money to instal traffic signals, temporary barricades, and road markings. CCTP have started a facebook page, CCTP Facebook Page where they post regular updates of traffic diversion, they also take complaints, post details of income/expenditure and many more.

The system helps trace past violations and previous offenders with ease. Since the software is pre-programmed with specific fine amounts for each offence, there is little chance of corruption as long as offenders insist on an e-challan. Everything is incorporated in the bill itself. If it's a 'no parking' offence, earlier some officials could get around Rs.200, but now they can't do that because it's all incorporated in the machine. If it is no parking, the fine is Rs 100.

In case of any complaints with regard to the misuse of the devices by field officials, public can call 28521323 or sms to 9003130103. They are also planning for spot credit card payment of fine.

Writing in the visitor's book at the Anna Salai police station, Jayalalithaa wrote: "This technology driven initiative of the Chennai city police will go a long way towards better enforcement of traffic rules. The utility of these systems depends on the persons who handle them. The police, as law enforcement agents, should always strive to fulfill the aspirations of the people by serving them effectively."

Google announces Photography Contest

Wow friends, great chance to share your views with the world. Google announces Photography contest, with no entrance fee, wonderful news ah... a photography portfolio of 8 photos can be submitted. they have limited only one entry per person, subsequent entries will be rejected.

Eligibility Rules - More Details

• 18 years or older on the submission date 
• Should be enrolled for undergraduate or graduate in a reputed university
• Not a resident of Brazil, Quebec, Cuba, Iran, Iraq, Syria, North Korea, Sudan, Libya, Liberia, Zimbabwe, or Myanmar (Burma)

Contest Period - November 10, 2011 - January 31, 2012

Categories - More Details

Me, Food, Travel, Fashion, Sound/Silence, Action, Street, Sport, Night, Point of View

Prize Details - More Details

• 100 entries selected as Semi-finalists will get Samsung Galaxy Nexus phone
• 10 individuals selected as Finalists will receive an invitation to exhibit his or her Photographs at Saatchi Gallery, London for 7 weeks. Prize includes round-trip airfare for each Finalist and 1 guest to London, UK with 3 nights hotel accomodation and meal cost of US$200 per day per person
• Grand Prize will receive a 7-day trip for a photo shoot with a professional photographer at a place to be mutually agreed with Sponsor and the Grand Prize Winner. 

Now what are you waiting for, Enter the Contest and Submit your photos to win.

Microstock - Earn Money from photos

Taking Digital photos has almost become a habit for everyone nowdays. All of us have a digital camera or mobile camera. Technology has changed so much, that people started buying mobiles having camera as one criteria. Nokia N8 is giving 12MP camera along with its mobile, Samsung Galaxy, iPhone providing 8MP camera.

Early days taking photos included a cost for buying film roll, but now photos does not cost even a penny, so everyone of us take photos whenever we want and at some point, when you turn back, its piled up with loads of personal photos, we do click some unusual events, and lot more, but did anyone of us thought What to do with these photos? Will they make something sensible for us? Can it be sold and made money?

You can either sell your photos, monetize your photos with advertising or submit your photos to sites that will share advertising revenue with you. Here comes the list of options to make money from our photos Stock Photography is a concept where we upload our photos. Instead of hiring a professional photographer, a buyer licenses an image and the user uploaded is paid a commission.

shutterstock - It's free to contribute and you'll earn $0.25 to $28.00 per image download
dreamstime - Download images for as low as Rs. 10.98/image, commission to contributor
fotolia - Download images for as low as $0.75/image or $0.16/subscription, commission to contributor
iStockphoto - Free images to download
123RF - Download images for as low as $0.21/image, commission to contributor
BIGSTOCK - Download images for as low as $0.99/image, commission to contributor
YAY - Print images for as low as $1.40/image, commission to contributor
Veer - Free images to download
CANSTOCKPHOTO - Download images for as low as $0.40/image, commission to contributor
panthermedia - Download images for as low as € 1/image, commission to contributor

Coffee or Tea ? Switch to Healthy Alternative

70% of human beings wake up with a cup of coffee or tea, but did we think whether it is healthy? The caffine content, the aroma addicts us to have it more, simply like a alcohol. We should be thinking and switch to a alternative drink every day to be fit and healthy, because health is one thing which we cannot buy in this world, one good example is Steve Jobs, who is capable of buying anything and everything, but not his health. Some of herbal drink which we can make a habit daily and their vitamin values are

Hibiscus Rosa-senensis(sembaruthi): Three hibiscus petals boiled and filtered like coffee, add some lemon juice with honey and drink it like Tea. If taken regularly for 40days, reduces heart attack and increases heart strength, reduces stress.

Cassia auriculata (avaram poo) is proven to control and reduce blood sugar levels. It rejuvenates the body  and reduce blood sugar levels drastically. Avarampoo can be cool dried, powdered and used as a tea which helps to rejuvenate and cure diabetes.

Boil few tender Mango leaves in water and washing mouth with this water, reduces tooth ache. Taking half teaspoon of ground powder of Mango leaves dried in shade with water 2 or 3 times a day stops dysentery. 

Water boiled with basil leaves (Thulasi) can be taken as drink in case of sore throat. This water can also be used as a gargle. It reduces blood cholestrol. Basil (Thulasi) has strengthening effect on the kidney. In case of renal stone the juice of basil leaves and honey, if taken regularly for 6 months it removes kidney stone via urine.

For menstruation delay, take ½ teaspoon finely ground cinnamon (dalchini) every night along with 1 cup milk. Powder 1 teaspoon dried mint (pudina) leaves and take with 1 teaspoon honey, thrice daily. Kills intestine germs, clean blood, cleans blood vessels, good for gastric problems

Guava is a rich source of vitamin C, guava's vitamin C content is 5x more than that of an orange, carotenoids, potassium, phosphorus, calcium and iron. If you have chicken pox, drinking 4 cups of guava tea will make the chicken pox heal faster and the skin will have less scarring.

Stay healthy.......