Affordable housing in Bangalore - II

Many affordable housing projects are recently launched

1. Provident Sunworth

This is a 59 acres project off Mysore road, near NICE junction. Close to esteemed educational institutions, hospitals, industrial hubs, entertainment zones and tech parks. Sunworth, through NICE road, is well connected to Electronic City, Bannerghatta Road and Tumkur Road. Sunworth is located just 19 kms from City Railway Station. Sunworth offers optimally designed apartments: 2 BHK of 883 sqft and 3 BHK of 1082 sqft. It has multiple clubhouses, swimming pools, children’s play area and many more life style amenities.

2. SJR Primecorp Parkway Homes

Parkway Homes' 9.5 acre enclave (further extendable) is  G+15 floor towers with 1, 2, and 3 BHK apartments.

Location quoted as Off Sarjapur road is almost in close proximity to Electronic City just close to HSR and Mico Bosch where other projects like SJR trillium is launched.

Amenities>  Indoor Badminton Court, Basketball Half Court, Swimming Pool, Paddle Pool, Convenience Store, Children's Play Area, Cycles, Cycling Track, Squash Court, Tennis Court, Gym, Billiards, Library.

Features>
•  9.5 acres (further extendable) of serene tranquility
•  Horizontal distance between blocks as much as building height

3. Brigade Value Housing
Properties are going to launched in 4 locations

 4 locations—in the North, East, West and South of Bangalore:
North : Devanahalli
East : KR Puram (Whitefield belt)
West : Mysore Road, near Kengeri
South : Kanakapura Road, near Art of Living

These will be launched in 6-12 months

4. Bhartiya City
They have lauched Nikoo homes near Hebbal on Thanisandra main road . First phase is sold our and second phase is launched
This is a 125 acres  township.
The integrated township will host a high end hotel, hospital, school, entertainment & shopping facilities apart from offices.

Bull Call Spread : Options Strategy

Bull Call Spread is the strategy you can use to profit from moderate rise in profit of underlying security.

What you do here is that you buy  1 Call Option and also sell a higher value Put Option

Example lets say current value of nifty is 5000 and lot size is 50. If the nifty call option is available for Rs 70 for the strike price of 5000 and sell call option position of 5200 for Rs 40.

Net money taken initially would be 70-40 = Rs 30*50.

A person will profit if Nifty stays between 5070 and 5160.

Maximum profit will be Difference in strike price - Amount paid = 200-30 = 170*50

Maximum loss will be amount paid = Rs 30*50.

ON the expiry if nifty is at 5120 then first contract will give profit of 120*50 = 6000 and second contract will become worth less = 40*50 = 2000, so the net profit will be 4000.

Both the contract should have same lot size and should expire in the same series.

This strategy was buying ans selling Call Options if the same thing is done with Put options then it is called Bull Put Spread.

CRR Cut by China..India might follow

China has cut CRR ( Cash Reserve Ratio) because of the falling Manufacturing Purchasing Manager's Index to 32 month low.

India's RBI is increasing the interest continously but the market doesn't want or another rate hike so RBI following China's foot step might cut the Cash Reserve Ratio.

This bores well for banks because it will release money into the system which otherwise doesn't give any interest.