shriram city news letter - breeze- 1st december 2019 breeze/dec 2019...june 2019 1 shriram...

June 2019

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Shriram City—News Letter - Breeze- 1st December 2019

DECEMBER 2019

Breeze Committee members greets all its readers

and their family members on the occasion of

New Year & Christmas.

"Peace on earth will come to stay, when we live Christmas every day."

June 2019

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DECEMBER 2019

Should we invest in Real Estate?

For past 5 years residential prop-

erty price appreciation in India

bottomed out to a mere 12% –

effectively a little over 2% on a

yearly basis, even for properties

in prime locations.

As real estate property prices

have bottomed out- it is right

time to invest!

Real Estate Investment Backed by government sops, affordable

housing scheme can feasibly give returns to the tune of 8-10% in

the long term.

Points to Consider before investing

1.Stay Patient – Buying a property is a time consuming affair, with

most genuine property transactions taking a few days to be

complete.

2.Check The Papers – The papers of a property are perhaps the

most important factor one should consider. Understand/ review

registration requirements, delivery date, standard fittings/

flooring/ equipment provided and amenities available. Consult

an advocate before finalizing the deal.

3.Check Market Rates – Most local governments provide a guid-

ance value to help investors know the rate of a property.

Negotiate to the extent possible

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DECEMBER 2019

4.Talk To Neighbours – Talking to the neighbours will help you in

understanding the local area infrastructure (school/ hospital/

water issues/ electricity issues), builder/ landlord reputation,

etc...

5.Calculate Your Finances –Understand clearly the payment

requirements/ timelines and accordingly look for a loan for

shorter duration to the extent possible- so that your interest

payout is least. Reach out to Shriram Housing for exclusive loan

offer for Shriram City employees.

6.Higher UDS – Invest in properties which provides maximum

undivided share of land- as land value appreciate faster than

building value.

7.Lower Maintenance – Invest in properties wherein maintenance

cost are lower – as higher maintenance cost will hamper your

future monthly expenditure budgets.

Investment in property is as safe as gold and it provides security to

you on retirement.

Appreciation in property value is guaranteed. Backed by

government sops, affordable housing scheme, real estate

investment can give returns to the tune of 10% p.a and above in

the long term !

The views expressed are based on certain factors and prevailing

trend , so please be advised to analyze the pros

and cons before taking your final call on

investments.

Contributed by: Mr.Mohit Surana ,Asst Vice President Accounts Department, Chennai

June 2019

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DECEMBER 2019

How To Avoid Mistakes At Work?

1. Give Full Attention To What You're Doing. Always focus

on your tasks and projects first.

2. Avoid Distractions. Distractions make you prone to

making mistakes. …

Distractions could be anything from your mobile phone

to gossiping colleagues in your nearby bay

3. Take Breaks.

4. Ask Questions.

5. Create a Checklist.

6. Be Clear About Your Role.

7. Review.

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DECEMBER 2019

These are eight ways to improve yourself everyday:-

1: Understand that intensity is rabbit and consistency is a tortoise. Your

dreams doesn’t care about how you feel, be consistent.

2: Don't rush yourself with timelines of others. Some people excel in life

early and some after them.

3: Mind management is the essence of the life management. Not being

able to control your thoughts is enslavement. The surest sign of weak

mind is the body that cannot rest. Practice meditation, spend time with

nature and be accountable for the words that come out.

4: Stop blaming your luck. Luck is nothing more than the marriage of

preparation with opportunity. Start preparing for the things you've writ-

ten in your “to do” list for like hundred times.

How do I improve myself?

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DECEMBER 2019

5: The only way to improve tomorrow is to know what you did wrong

today. Maintain one progress book to keep a trace of improvement.

Remember that even an attempt to improve is a good improvement.

6: Learn to be comfortable with your own self. Go for a solo trip once,

dine alone and observe the things going on around you. Fall in love

with learning new cultures, interacting with different people and

different energy.

7: Stop worrying about what people say. Tomorrow morning if you

disappear, world will go on perfectly fine without you.

8: Don't forget to remain physically fit and mentally stable. Saying that

you don't have time to improve your thoughts and your life is like

saying that you don't have time to stop for gas because you are too

busy driving. Go for a trek once in 3–6 months. Go work out and get

yourself in that physical shape you always wished to have.

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DECEMBER 2019

DYKS – December 2019

Rules of DYKS

The details and rules of the Do You Know Series are as follows:

Each issue will contain 3 multiple answer questions

All replies to be sent to [email protected] only.

The mails should be sent from the official mail ID of the employee.

The response mail should be as follows;

The name of the employee from each state and from whom the first

correct response comes will be published in the subsequent issue of

‘Breeze’.

Sl No Required Information Employee Entry/ Answer to Quiz

1 Employee Name

2 Employee Number

3 Designation

4 Email ID

5 Branch code and

name

6 State

7 Answers:1

2

3

State wise 1st

correct response to quiz in November 2019 Issue

Sl No State Branch Name of Employee

1 Maharashtra Belapur CPU Ms. Rashmi Singh

2 Telangana Admin Office -

Hyderabad

Mr. Chandrasekharam

3 Rajasthan Jaipur Prime Mr. Sanjay Soni

mailto:[email protected]

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DECEMBER 2019

Sl No Question Answer

1 Balance Sheet of a firm

indicates which of the

following:

Financial Position of the unit as on

a particular date

2 The safest form of

Crossed Cheque is: Account Payee Crossing

3 Loan given by banks to

farmers/small shop

owners etc, are known as Priority Loan

Answers to Quiz of November 2019 issue

DYKS - DECEMBER 2019

1. What are intangible assets?

a. Prepaid Expenses

b. Land & Building

c. License & Copy-writing

d. Advance payment of taxes

2. What type of property cannot be accepted for Mortgage?

a. Constructed property

b. Vacant plots

c. Buildings

d. Property in the name of Minors

3.A bank normally does not have to deal with an issue

related to…?

a. Intellectual property rights

b. Contractual rights of creditors

c. Payments & Settlements system

d. Cases of insolvency

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DECEMBER 2019

Communication Address:

Editorial Committee, (News Letter—Breeze)

Shriram City Union Finance

144, Santhome High Road, Chennai—600 004

Phone: 044 43925300

Email: [email protected]

Editorial Committee

Shri K.Subramaniam CO, Mylapore

Smt M.Subhashree BSC, Santhome

Shri N.R. Sivakumar SFPS,Santhome

THE BEST TIME FOR

NEW BEGINNINGS

IS NOW!

shriram city news letter - breeze- 1st december 2019 breeze/dec 2019...june 2019 1 shriram...

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