STERNON REAL ESTATE

The Mumbai Police is headed by a Police Commissioner, who is an IPS officer. The Mumbai Police comes under the state Home Ministry. The city is divided into seven police zones and seventeen traffic police zones, each headed by a Deputy Commissioner of Police. The Traffic Police is a semi-autonomous body under the Mumbai Police. The Mumbai Fire Brigade department is headed by the Chief Fire Officer, who is assisted by four Deputy Chief Fire Officers and six Divisional Officers.

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Electricity is distributed by BEST in the island city, and by Reliance Energy, Tata Power, and Mahavitaran (Maharashtra State Electricity Distribution Co. Ltd) in the suburbs. Most of the city's electricity is hydroelectric and nuclear based. Consumption of electricity is growing faster than production capacity. The largest telephone service provider is the state-owned MTNL, which held a monopoly over fixed line and cellular services up until 2000, and provides fixed line as well as mobile WLL services. Cell phone coverage is extensive, and the main service providers are Vodafone Essar, Airtel, MTNL, BPL group, Reliance Communications, Idea Cellular and Tata Indicom. Both GSM and CDMA services are available in the city. Broadband internet penetration is increasing in the city, with MTNL and Tata being the leading service providers.

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sternon group: Mumbai has a large polyglot population like any other metropolitan city of India. Marathi, the official language of Maharashtra state, is widely spoken. Other languages spoken are Hindi, Gujarati, and English. A colloquial form of Hindi, known as Mumbaiya – a blend of Marathi, Hindi, Indian English and some invented words – is spoken on the streets. English is extensively spoken and is the principal language of the city's white collar workforce.
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Sternon Galaxy Intercity Real Estate
Sternon Galaxy Intercity

Limited Liability Companies

A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the company's capital. Such companies are recognised as offering a suitable structure for organisations interested in developing a long term relationship in the local market.

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sternon: Apart from the Bhatsa Dam, six major lakes supply water to the city: Vihar, Vaitarna, Upper Vaitarna, Tulsi, Tansa and Powai. Tulsi Lake and Vihar Lake are located in Borivili National Park, within the city's metropolitan limits. The supply from Powai lake, also within the city limits, is used only for industrial purposes. Three small rivers, the Dahisar, Poinsar (or Poisar) and Ohiwara (or Oshiwara) originate within the park, while the now infamous Mithi River originates from Tulsi Lake and gathers water overflowing from Vihar and Powai Lakes. The coastline of the city is indented with numerous creeks and bays. The eastern coast of Salsette Island is covered with large mangrove swamps, rich in biodiversity. The western coast is mostly sandy and rocky.

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After-dinner revellers can enjoy the latest sounds in a number of hotel nightclubs, each with its own ambience.

For a more exotic experience, there are several excellent Middle Eastern nightclubs featuring Arab singers and dancers.

nightlife
Elsewhere, talented acts from all over the world provide lively international entertainment at many venues.

Dubai increasingly attracts top names from the world of entertainment. These include popular singers and entertainers from both West and East.

Stage plays from London tour regularly, as do major dance groups from Europe and Asia, while ballet and opera companies from around the world are regular visitors to the emirate.

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The media industry is another major employer in Mumbai. Most of India's major television and satellite networks, as well as its major publishing houses, are headquartered here. The centre of the Hindi movie industry, Bollywood produces the largest number of films per year in the world; and the name Bollywood is a portmanteau of Bombay and Hollywood. Marathi television and Marathi film industry are also based in Mumbai.

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Presently, locally offered mortgage options are quite limited and few investors realize they can go overseas for alternative options. An investor may end up financing a project part locally and the other from international sources. At present, securing international financing can only be achieved if you retain assets outside of the United Arab Emirates. These assets for consideration can be other property, alternative income sources, offshore investment portfolios or similar securities. Typically, an investor can borrow up to 80% of the value of their overseas property (less any outstanding debt) to finance a project in Dubai. This is particularly popular with investors from the UK since the £/Dh is very much in their favour and they have the ability to rebase their capital gain threshold and mitigate their Inheritance Tax issues. If you do not know how this could affect you then a Broker (worth his salt!) should be able to guide you accordingly since you are unlikely to be offered this information from local lending sources.