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The Reserve Bank of India has cushioned the impact of COVID-19 by offering a three-month moratorium on loans for individuals and companies. The choice of taking the RBI moratorium was left to the individuals and those who choose to opt for the moratorium will not be penalized with a default which would affect their overall credit rating. This move has given a breather to buyers and developers. The non-payment of EMIs will not affect future credit and will not turn them into bad loans or NPAs. The 75 bps (basis points) rate cut combined with a reduction of 90 bps in the reverse repo rate, will definitely infuse more liquidity. One section of the developer community views this as an indicator that more loans will be offered to customers thus resulting in an increase in demand. The developers are also hoping for a fiscal stimulus package that would help them handle the immediate liquidity crunch that they might face due to the lockdown and reduced economic activity. Visit: https://blog.pinclick.com/will-the-rbi-moratorium-and-rate-cuts-build-a-pent-up-demand/

The plunging property rates and lowering of interest rates has not brought in more buyers to the real estate market. The unsold stock and taxation issues have resulting in a large inventory. The government had announced last month that it would provide a much-needed impetus to the struggling real estate market by offering relief measures. The package offered was Rs 20,000 Crores to rescue pending housing projects. In the fund, ₹10,000 crore will be contributed by the central government and roughly the same amount will come from outside investors.Home buyers saw this as a positive sign as many of them can now get delivery of their homes. This relief package was offered to the ailing real estate industry as a way to boost it back to the path of revival. Currently there are estimated to be over 8lakh housing units in various stages of construction that are stuck across India’s prime markets. This funding for non-NPA and Non-NCLT projects would not only arrest the rise of NPA’s but also reduce the NCLT & RERA complaints overall. This might help restore some of the customer confidence. But most of [the real estate developers are not very happy as they feel the relief is too little with too many conditions. Visit: https://blog.pinclick.com/will-the-governments-relief-package-boost-real-estate-sector/

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Uncertainties, rapidly changing technology, and the increasing focus on sustainability has driven many organisations to develop specific methods for managing projects. Hence there is a great demand for highly qualified professionals who can manage those projects efficiently from start to the end. 1. The Importance of Project Management Project Management is a practice of planning, initiating, executing, and controlling a project. It is the act of managing all aspects of a project, from team to tasks to tools. The importance of project management can’t be overstated. If done right, it helps every part of the business run more smoothly With the right project management practices and techniques, project managers can: • Define what tasks need to be completed, when and how • Classify who is responsible for which task, • Monitor and track progress, • Gain project stakeholder’s confidence • Log the potential risks • Predict the impact of possible outcomes • Predict how the risks can be handled • Determinehow funds will be utilised and expanded overtime etc. In all, PM methodologies can revolutionise the way your team works. It will help you deliver quality projects within the right time and budget. This means happier stakeholders, satisfied customers, better ROI, and a more fulfilling workforce. With the importance of project management only growing, the need for skilled project managers has never been more crucial and demanding. According to the talent gap analysis by Anderson Economic Group (AEG), project management-oriented labour force in seven project-oriented sectors is set to grow by 33% and create nearly 22 million new jobs by 2027. Employers will need nearly 88 million individuals in project management-oriented roles with China and India representing more than 75% of the total project management-oriented employment. 2. The Evolution of Project Management All of mankind’s greatest accomplishments- from building the great pyramid to discovering a cure for polio to putting a man on the moon- began as project. Ever since there have been work endeavors that could be defined as “projects”, people have been using management tools and techniques. After all, without some form of planning, communication, and strategy, nothing can be effectively accomplished. However, it is said that the concept of Project Management evolved in the field of engineering first in the 1950’s. The two forefathers of project management Henri Fayol and Henry Gantt build the foundation of Project Management as we know it today. Based on their methods of breaking down work into smaller tasks and the proper allocation of resources, modern theories evolved, and the concept of Project Management grew and expanded in almost all fields. Later the constant development and increasing popularity of computers- changed the way we worked. Every task was being done faster and the projects were been completed in much less time than before. 3. The Need for Upskilling to Maintain Employability Project management practice is essential for both small and big projects. It is a crucial component for every kind of business. Therefore, organisations are constantly looking for project managers who are skilled and experienced. The demand for project managers in India is at an all-time high. As per reports, against an annual requirement of 400,000, only 35,000 professionals have the right knowledge and skill in project management.[2] Such statistics indicate the increasing need for upskilled project managers in India. PMI reports that “India will require 70 lakh, new project managers, in next ten years and will emerge as the fastest-growing country in the world when it comes to project management-oriented employment”. Therefore, it is essential for aspiring professionals to be skilled in this section. A workforce skilled in dealing with multiple projects while using resources optimally is a boon for any organisation. 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A CRM software helps to bind many different works related to customer relationships into one platform. There are many duties a salesperson needs to do in order to make his business a success, CRM will help the different teams such as the market team, sales team, and customer support to come together in order to perform their duties even better. CRM has many advantages that can help the people who are planning to start up a new small business. CRM software behaves like a tool that can convert a small scale business into a successful large scale business. CRM will help the company to manage customer relations and their needs. CRM will help store and save the customer data in a single unit. It will bring together many teams so that the work can be carried out in a better way. CRM is very advantageous for a small-scale business.

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With influencer marketing predicted to become a $15 billion industry, more and more marketers are joining the bandwagon. To meet this increasing demand, there are now more influencer marketing agencies. That’s because in-house execution is hard. You may end up working with the wrong influencers or struggle to engage them. You might even plan influencer marketing campaigns that don’t really suit your goals or overspend on unnecessary aspects of the campaign. Hiring an influencer marketing agency can help your brand strategize and launch a campaign that meets your goals. They will take charge of everything from the planning process to influencer recruitment and campaign monitoring. This will help you save time and effort while ensuring that you don’t exceed your budget. To help you figure out who to partner with, I’ve put together this list of the best influencer marketing agencies in the world. However, first, let’s look at what is an influencer marketing agency. What is an Influencer Marketing Agency? Finding influencers and launching your influencer marketing campaign can be a challenge for organizations. For those companies, influencer marketing agencies play an important role. These agencies can help you plan, ideate, strategize, execute, and manage influencer marketing campaigns.

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