LostInGCProcess
09-05 04:21 PM
The unbelievable growth in India made me explore a bit in terms of investments, ended up with the financial advise and recommendation from experts that we cannot directly invest in equity as an NRI. Only investment allowed it seems, for NRI is in real estate. Not sure whether this is true. There holds the surprise I could not add up the numbers in real-estate in India. Real estate in India is darn expensive even by international standards (with per capita GDP of $700->$2500 per annum).
Flats in Indian hub cities: 2-bedroom, 1000 sq ft apartment for average $200,000-$300,000 and above. (www.99acres.com) Condos in most major metros in USA: 2-bedroom, 1000 sq ft average $200,000-$300,000 (google housing)
Given that, median income in US is 50 times more than India. I thought the Indian cities are up in bubble. Next, look at agricultural land prices.
Agricultural land in Northern part of India is average $50000 - $250,000 per acre (www. 99acres.com) where in east, west and south is about $20000-$200,000. In Villages its about $15000 to $50000 per acre.
Agricultural land in US is in the range of $6000-$15000 per acre. ($12,000 per acre in NJ, $6,000 per acre in California and $8,000 per acre in Florida. From USDA website)
Now You can do the math. Commercial land is even more expensive in india.
The reason, people say, population density. Now lets look at this factor, the density in India is much higher than USA. But, compare to NJ, NJ is actually slightly more densely populated than most states in India. Real estate is regulated by government in India that prevents easy buying and selling and land survey records are not properly maintained which makes it easy to bump up the price.
Can someone explain to me how in the world, the farmers in India who make less than $1000 per annum continue to own land that is valued at several $100K? How many can afford a home in that country?
Is this what economic experts call "bubble"? I believe there needs to be a correction in the market in India to avoid a disaster.
very good analysis !!! I took the liberty to copy your column and emailed to my friends... I however mentioned as Quote in my email...i hope you don't mind !! As a payback, I gave you a green ;)
Flats in Indian hub cities: 2-bedroom, 1000 sq ft apartment for average $200,000-$300,000 and above. (www.99acres.com) Condos in most major metros in USA: 2-bedroom, 1000 sq ft average $200,000-$300,000 (google housing)
Given that, median income in US is 50 times more than India. I thought the Indian cities are up in bubble. Next, look at agricultural land prices.
Agricultural land in Northern part of India is average $50000 - $250,000 per acre (www. 99acres.com) where in east, west and south is about $20000-$200,000. In Villages its about $15000 to $50000 per acre.
Agricultural land in US is in the range of $6000-$15000 per acre. ($12,000 per acre in NJ, $6,000 per acre in California and $8,000 per acre in Florida. From USDA website)
Now You can do the math. Commercial land is even more expensive in india.
The reason, people say, population density. Now lets look at this factor, the density in India is much higher than USA. But, compare to NJ, NJ is actually slightly more densely populated than most states in India. Real estate is regulated by government in India that prevents easy buying and selling and land survey records are not properly maintained which makes it easy to bump up the price.
Can someone explain to me how in the world, the farmers in India who make less than $1000 per annum continue to own land that is valued at several $100K? How many can afford a home in that country?
Is this what economic experts call "bubble"? I believe there needs to be a correction in the market in India to avoid a disaster.
very good analysis !!! I took the liberty to copy your column and emailed to my friends... I however mentioned as Quote in my email...i hope you don't mind !! As a payback, I gave you a green ;)
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GCard_Dream
07-06 12:06 AM
This is by far the most effective story that highlights the security concerns raised by approving cases that hasn't cleared the background check yet. This could be the big story. It may, however, be the double-edged sword. I think we need to keep this going as much as we can.
Digg .. Digg.. Digg ... keep digging even in your sleep.
Digg .. Digg.. Digg ... keep digging even in your sleep.
GCSOON-Ihope
11-05 01:37 PM
Hello Guys, Count me on!
I live in Los Angeles Co.
PD 01/2002
EB3 World
485 filed in 08/2004 and stuck in Name Check ever since...
I live in Los Angeles Co.
PD 01/2002
EB3 World
485 filed in 08/2004 and stuck in Name Check ever since...
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pappu
10-10 10:28 AM
We are getting more calls for op-eds and need more IV members to pitch in and write articles.
more...
kartikiran
12-11 08:35 AM
Looks like they are changing the spillover rules again from Horizontal to Vertical this is bad news for EB2 I
Because the spillover projection is given only for EB2(China and India). This is due to fact that only EB2-Row is current due to which there is a possbility of spillover which flows to China and India and not to EB3-Row(if it was vertical).
Because the spillover projection is given only for EB2(China and India). This is due to fact that only EB2-Row is current due to which there is a possbility of spillover which flows to China and India and not to EB3-Row(if it was vertical).
jasmin45
07-12 07:20 PM
URGENT ACTION ITEM : We need stories from people who suffered damages due to the July Visa bulletin fiasco. This request is coming straight from the office of Congresswoman Zoe Lofgren. Please respond - ESPECIALLY if you live in San Jose, CA (Congresswomans' district).
DO SEND YOUR STORIES ASAP to facilitate Hon. Rep who stood with us during this difficult time. :)
DO SEND YOUR STORIES ASAP to facilitate Hon. Rep who stood with us during this difficult time. :)
more...
Libra
09-11 04:56 PM
thank you saikatmandal.
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karan007
09-14 09:30 PM
it is
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eb3_nepa
07-05 01:21 PM
Please send the contact info, I will call them too.. Iam from PA also..
Which part of PA?
Look up your Zipcode in
http://www.house.gov
http://www.senate.gov
The Senators in PA are
Sen Arlen Specter. Immigration Contact. Mr Ken Altman
Sen Bob Casey. Immigration Contact: Mr. Kurt
Which part of PA?
Look up your Zipcode in
http://www.house.gov
http://www.senate.gov
The Senators in PA are
Sen Arlen Specter. Immigration Contact. Mr Ken Altman
Sen Bob Casey. Immigration Contact: Mr. Kurt
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vareddy
07-18 10:00 PM
Joined in July and did one time contribution of $100 today with google checkout :) Google Order #975779329660977
more...
ski_dude12
07-11 11:20 AM
Welcome news for EB2. For EB3.. hang in there folks... things will happen soon for you all.
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kans23
07-18 01:40 PM
One time contribution $100. Already Contributed.More to come.and also added new members to contribute
Good Luck to our team.
Good Luck to our team.
more...
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pani_6
12-16 11:06 AM
we need to write to Sen Joe Lofgren now more than ever..she will try to push the legal bill..also we need to write to her to compensate for some of the waiting time ...so that it gets counted for the citizenship..at least from when the I-485 was applied..I think we will see some sort of push for this ..my only concern is that we again will get caight with the illegals and our issue will be pushed to the side
Can some IV members in CA meet Sen Joe..?..and see what the Sen plans to do..
time for some action now..
Can some IV members in CA meet Sen Joe..?..and see what the Sen plans to do..
time for some action now..
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mallu
03-31 11:42 PM
Alright Guys, Let's ignore this Dard-e-disco guy he doesn't deserve a second of our time. To answer your question, one thing atleast USCIS can give us is, Release data like How many applications they have already received from Major Green Card Seeking countries and in which EB categories. All this data they would have entered in their computers, They can easily run these kind of reports, I'm sure they'll be having some Data Warehousing softwares. So atleast everybody of know where we stand today and stop predicting cut-off dates etc. etc.
They can also make sure they send our APs and EADs in less than 90 days....
As Ron Gotcher observed, they are still using DOS ( not department of state ! ) programs .
They can also make sure they send our APs and EADs in less than 90 days....
As Ron Gotcher observed, they are still using DOS ( not department of state ! ) programs .
more...
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addsf345
11-13 08:21 PM
This contradicts with the fact that many reported on IV. Ron says that one can continue employment on EAD. EAD stays valid atleast till the legally allowed time to file for an appeal, and once you file appeal, it stays active till it adjudicated.
However many ppl reported that they had to leave job due to 485 revocation. What is the truth???? Any one?
URL: http://boards.immigration.com/blog.php?b=34
AOS Pending, Should H-1 be Renewed by Rajiv S. Khanna
whether an H-1 should be renewed while the AOS is pending.
---------------------------------------
Bottomline - I think H-1 should be renewed.
A little more info: A few months ago, I used to feel strongly that AOS applicants should keep their H-1 active for several reasons. Two of these are:
One, EAD issuance was erratic and CIS had discontinued issuance of interim EAD's (that is, if in 90 days your EAD is not issued, you could walk with a infopass appointment to your local CIS office and get an EAD). Thus, EAD's were unreliable and given for only a year. You could have interruptions in your work.
Two, if your AOS were to be denied (even in error), you would have no way to work, because the EAD goes with the AOS. And since there is no appeal against AOS denial, only an MTR can be filed. While the MTR is pending, you are not given a work authorization (as of now, July 2008). In addition, you would not be able to get n H-1 extension beyond the original six years because nothing is pending and "final action" has been taken on your green card. This could result in a situation that can be very dangerous. You do not have an H-1, a pending MTR gives you no legal status to sty in the US. Not only can you not work, you are deportable and you are accruing illegal presence even though the MTR is pending.
While CIS has done well to eliminate the first concern by reinstating the interim EAD issuance policy, the second concern still bothers me. While erroneous denials are few an far between (thank heavens), they do, nevertheless, occur. So, just maintain your peace of mind by keeping your H-1 active. That is my opinion. Reasonable people can easily argue against this and perhaps, their points of view may be just as valid.
All the above holds true, whether or not you intend to use AC21 portability. :confused: :confused: :confused: :confused: :confused:
However many ppl reported that they had to leave job due to 485 revocation. What is the truth???? Any one?
URL: http://boards.immigration.com/blog.php?b=34
AOS Pending, Should H-1 be Renewed by Rajiv S. Khanna
whether an H-1 should be renewed while the AOS is pending.
---------------------------------------
Bottomline - I think H-1 should be renewed.
A little more info: A few months ago, I used to feel strongly that AOS applicants should keep their H-1 active for several reasons. Two of these are:
One, EAD issuance was erratic and CIS had discontinued issuance of interim EAD's (that is, if in 90 days your EAD is not issued, you could walk with a infopass appointment to your local CIS office and get an EAD). Thus, EAD's were unreliable and given for only a year. You could have interruptions in your work.
Two, if your AOS were to be denied (even in error), you would have no way to work, because the EAD goes with the AOS. And since there is no appeal against AOS denial, only an MTR can be filed. While the MTR is pending, you are not given a work authorization (as of now, July 2008). In addition, you would not be able to get n H-1 extension beyond the original six years because nothing is pending and "final action" has been taken on your green card. This could result in a situation that can be very dangerous. You do not have an H-1, a pending MTR gives you no legal status to sty in the US. Not only can you not work, you are deportable and you are accruing illegal presence even though the MTR is pending.
While CIS has done well to eliminate the first concern by reinstating the interim EAD issuance policy, the second concern still bothers me. While erroneous denials are few an far between (thank heavens), they do, nevertheless, occur. So, just maintain your peace of mind by keeping your H-1 active. That is my opinion. Reasonable people can easily argue against this and perhaps, their points of view may be just as valid.
All the above holds true, whether or not you intend to use AC21 portability. :confused: :confused: :confused: :confused: :confused:
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mrdelhiite
06-21 10:58 AM
no update filed Feb 23rd .. EB3 still pending :(
-M
-M
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sriswam
09-11 03:17 PM
Just put in my humble $100 contribution for the rally.
You guys have a good thing going. I just the love the selfless spirit and patience in this group. All the very best.
-Sriswam
You guys have a good thing going. I just the love the selfless spirit and patience in this group. All the very best.
-Sriswam
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pcs
07-06 08:51 AM
Please do this. It is worth every second of your time
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desi3933
08-04 03:28 PM
I would request everybody to send out the mails ASAP. This will certainly help....
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Pani, I was not able to upload the word doc. Can you make a word document from this and upload it...
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Did you go over points raised by internet in this post
http://immigrationvoice.org/forum/showpost.php?p=271211&postcount=12
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Pani, I was not able to upload the word doc. Can you make a word document from this and upload it...
-------------------------------------------------------
.................
................
................
Did you go over points raised by internet in this post
http://immigrationvoice.org/forum/showpost.php?p=271211&postcount=12
mangelschots
07-16 01:49 AM
I live in Rancho Cucamonga (Inland Empire)
I think Orange County is a good place, as it is a tech center and will be less associated with illegal immigration.
I always like the Beach area.
I think Orange County is a good place, as it is a tech center and will be less associated with illegal immigration.
I always like the Beach area.
lskreddy
04-30 03:30 PM
Taking a break at work so decided to listen in. Aytes said something astonishing a little bit ago -- the FIFO was a great idea but under present circumstances it is not...something about very early PD applications may take longer...
This is an outrageous statement and he deserves to be berated and grilled about it. I hope IV core is paying attention and will bring this to Lofgren's attention.
I hope a full transcript will be made available. There should be a point by point response to all their BS.
I agree. This was an outrageous statement.
This is an outrageous statement and he deserves to be berated and grilled about it. I hope IV core is paying attention and will bring this to Lofgren's attention.
I hope a full transcript will be made available. There should be a point by point response to all their BS.
I agree. This was an outrageous statement.
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