Latest news with #SarthakAhuja
Gulf Insider
3 days ago
- Business
- Gulf Insider
'If You Own A Property In India...': Investment Banker Warns Of Big Real Estate Shake-Up
India is on the verge of overhauling a 100-year-old property registration system, aiming to shut down a major loophole that has long enabled real estate fraud—especially against NRIs. Investment banker Sarthak Ahuja sounded the alarm on LinkedIn, calling the upcoming Registration Bill 2025 'something every property owner in India can't afford to ignore.' The proposed law promises to digitize the country's fragmented property records, making all title deeds, owner identities (Aadhaar-linked), and existing bank liabilities available online for instant verification. Ahuja highlights that under current laws, properties are often sold by individuals who aren't the rightful owners—especially in NRI cases, where absentee landlords may only realize the fraud years later. 'This is the biggest real estate fraud today—where someone sells what they don't own, and buyers lose everything,' he wrote. The new bill mandates that not just sales but even Agreements to Sell and Builder Agreements must be registered online, cutting off the practice of one property being promised to multiple buyers. Documents executed under Power of Attorney—some decades old—will also need to be uploaded to the new system once the law is enacted. Ahuja warns that property owners must get ahead of the change. Any inconsistencies in name spellings, address mismatches, or outdated utility bill details could cause serious trouble when the online system launches. 'This is the time to clean up your paperwork,' he advised. While the full rollout process and the official website are yet to be announced, the direction is clear: India's real estate records are moving online, and the margin for error—or deception—is about to shrink dramatically.
India Today
4 days ago
- Business
- India Today
Own property in India? Why you must fix any paperwork issues now
If you own property in India, whether you live here or abroad, there's a big change coming that you shouldn't ignore. A new law is on the way that could completely change how properties are registered and verified in the banker Sarthak Ahuja recently posted on LinkedIn to caution people about this major shift. He wrote, 'If you own a property in India, you can't miss this because you'll need to do this asapThe government has taken a huge step and changed a 100 year old law... because of which a lot of real estate frauds will be avoided...' advertisementHe added, 'So far, the biggest fraud in real estate would be when someone who is not a rightful owner would sell the property... and the buyer would after having paid the money realise that they lost their money and the rightful owner was someone else. This is most common with NRIs - where the owners are not present locally... and would realise months or years later when they come to India.' In fact, for years, the biggest property scam in India has been when someone who isn't the real owner sells a property. The buyer, after paying a huge amount, later finds out they were cheated, and the actual owner was someone else all problem hits NRIs the hardest, as they are often not around to check on their property. Many realise the fraud months or even years later when they return to the government has taken a huge step to stop property fraud by changing a law that's over 100 years old. This new law, called the Registration Bill 2025, will soon make it mandatory to move all land and property records WILL CHANGE UNDER THE NEW LAW?Sarthak Ahuja believes the new law will be a game-changer in curbing property-related the updated rules, all property records will go digital, allowing buyers to access title deeds, ownership details linked to Aadhaar, and any bank loans or dues on the to Sell, and Builder Agreements must now be registered online, and even properties purchased earlier via Power of Attorney documents must be uploaded. With real-time access to all these details, buyers no longer need to rely on brokers or visit offices for wrote, 'The Registration Bill 2025 has been announced which aims to digitise land ownership data on where you can verify in real time the title deeds, the owners' details would be Aadhaar linked, bank loans and liabilities would be listed... So that you could verify all documents online, and not offline.'TIME TO FIX PAPERWORKAhuja says property owners should use this time to sort out any issues in their documents—mismatched names, wrong addresses, outdated bills or old paperwork. These small errors could create big problems once the system goes advised, 'This is the time when if you have to correct names on properties, fix known issues in utility bills etc. done, because you would want to get your paperwork in order so that there are no mismatches in data across your documents which will create a problem for you in online registration.'In other words, India's real estate system is finally entering the digital age, and that means less room for mistakes or fraud.
News18
29-05-2025
- Business
- News18
Baht Over Bustle: Why Indian Retirees Are Moving To Thailand
As the grind of urban life and long corporate careers wears on, a growing number of Indian couples in their 50s are taking an unexpected route—retiring early and relocating to the quiet towns of Thailand. For many, the shift isn't just about escaping traffic or stress, but about reimagining what retirement can look like: cost-effective, peaceful, and fulfilling. Chiang Mai is emerging as a top destination. Former investment banker Sarthak Ahuja recently noted on LinkedIn that there's been a 25% jump in Indian retirees moving to Thailand over the past three years. Many, he says, are pursuing early retirement or taking up remote consulting and freelancing roles—enabled in part by Thailand's Retirement Visa Program.
NDTV
28-05-2025
- Business
- NDTV
Finance Expert Hails Indian Diaspora's "Soft Power in US", Reveals Impressive Stats
Sarthak Ahuja, a Chartered Accountant (CA) and financial expert, often discusses the Indian diaspora's financial achievements in the US, including their high earning potential. Despite being only 1.5% of the population (around 5.1 million people), Indians contribute over 5% of US tax revenue, showcasing their economic influence through high earnings, innovation, and intellectual capital. In an Instagram video, Mr Ahuja emphasised Indian-Americans' valuable contributions to innovation, intellectual capital, and tax revenue, demonstrating the community's substantial influence. Mr Ahuja also shed light on the Indian diaspora's multifaceted success in the US, highlighting their achievements not only in education, business, and tech but also in philanthropy. He shared key facts and figures to underscore the community's significant contributions. In the video, he noted that Indian Americans account for 10% of US patents, 10% of doctors (serving 30% of patients), and 11% of unicorn founders. They own 60% of US hotels, and 70% of colleges have Indian leaders. With 78% holding college degrees (compared to the national 36%) and 76% in high-skill roles, they excel professionally. Indian children dominate, winning over 80% of recent Spelling Bee competitions. Indian restaurants, though just 1% of US eateries, make up 3% of Michelin-starred venues. In 2023, they donated $1.5 billion in the US and $800 million to India, showcasing their immense soft power and respect earned through generations of hard work. Watch the video here: View this post on Instagram A post shared by Sarthak Ahuja (@casarthakahuja) Javed Akhtar, the renowned screenwriter and lyricist, also showed his appreciation by sharing the video on X. — Javed Akhtar (@Javedakhtarjadu) May 27, 2025 The comments section was flooded with praise and admiration for the Indian-American community's remarkable accomplishments, with users applauding their contributions to the US economy, innovation, philanthropy, and more. Reacting to the video, one user wrote, "This stat clearly shows when given the right opportunities and direction, Indian origin people can bring so much positive change in the world. We have so much untapped potential within our country's bounds. Give us the right environment to grow and we can take better care of ourselves. ' Another person commented, "The US economy runs well because of the Indians." As per Pew Research Centre, the median income among Indian American households was $145,000 in 2022, meaning that half of households headed by an Indian American person earned more than that and half earned less. This is greater than the median household income among Asian Americans overall ($100,000).
Time of India
28-05-2025
- Business
- Time of India
Not just early retirement: Banker spots an interesting trend among Indian couple in their 50s
As the stress of urban life and long corporate careers begins to take its toll, a surprising number of Indian couples in their 50s are charting a new path, one that leads not to a quiet suburb but to the tranquil towns of Thailand. Trading metro city's traffic for Chiang Mai 's calm, they're finding a way to stretch their retirement years without compromising on quality of life. Early retirement might not just be a dream anymore. It's gradually becoming a movement as people are choosing to step away from the corporate rat race. Investment banker Sarthak Ahuja recently spotlighted this emerging trend on LinkedIn , noting a 25% rise in Indian retirees moving to Thailand over the past three years. According to him, many are opting for early retirement, consulting, or freelancing roles while making the most of Thailand's Retirement Visa Program. To him, the math makes sense. He claims that a 2BHK in Chiang Mai rents for around Rs 50,000 per month, while their metro homes back in India often fetch over Rs 1 lakh in rent. According to him, healthcare is 25% cheaper, overall living expenses drop by 30–40%, and with only a 1.5-hour time difference, many continue working remotely for Indian clients. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates He added that to qualify, retirees must hold Rs 25 lakh in a Thai bank and earn over Rs 1.5 lakh per month. While not a tax-saving hack, this is becoming a popular lifestyle upgrade for those rethinking the meaning of retirement. Social media reacts Users had mixed but engaging reactions to the rising trend of Indian retirees settling in Thailand. Many praised Thailand's visa policy, calling it surprisingly well-suited to Indian retirees. Some were intrigued by the financial mechanics, raising concerns about the safety of depositing large sums in foreign banks for promised returns. Others appreciated the broader lifestyle shift, noting how peace of mind and quality of life are now taking precedence over traditional goals like wealth accumulation or status. A few offered a different perspective, highlighting the emotional and social challenges of moving abroad in one's 50s. They pointed out that many Indians value deep-rooted social networks and may find it difficult to relocate far from their comfort zones. Another user applauded Sarthak Ahuja for identifying a refreshing take on retirement, calling it less about slowing down and more about upgrading to a better lifestyle, complete with tropical backdrops and Thai delicacies. One even quipped that Chiang Mai is becoming the new Gurgaon, but with cleaner air and mango sticky rice. For some, this movement signals a new Indian dream: earn in rupees, live in baht, and retire with a balance.
