gc_on_demand
03-10 04:48 PM
One of the IV members has requested me to post this info.
He contacted his senator to get the total number of pending EB apps for India.
Please see the response from the senator in the following link. It has pending applications by category.
http://sites.google.com/site/gc28262/Home/Eb-IndiaPendingApps.pdf.pdf?attredirects=0
Do we know if this is for I 140 or 485 or both ?
He contacted his senator to get the total number of pending EB apps for India.
Please see the response from the senator in the following link. It has pending applications by category.
http://sites.google.com/site/gc28262/Home/Eb-IndiaPendingApps.pdf.pdf?attredirects=0
Do we know if this is for I 140 or 485 or both ?
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titanicman
10-17 09:12 PM
i have been sending money 2 india for past 20 months .and they remit money with in 5 working days and ihave received the exchange rates prevailed on tht day. i have tried other remittance but feel icici isthe best. [my personal opinion.]
EkAurAaya
11-20 02:06 PM
May be its just me... but i think people like lou dobbs/Chris Simcox of Minute man defense corps/william gheen of Alipac (i think that's his name) thrive on misguiding and benefiting from innocent folks - I don't blame people who are misguided (who for the most part I would like to believe are genuinely concerned about illegal immigration). Its like the radio commercials... you want listeners to remember a phone #, keep repeating it... and the number sticks in your mind.
Lou Dobbs - Opportunist looking to make money from book sales and gain popularity for possible government public post
Chris Simcox - Raised millions to build a border fence which turned out to be a cow fence at best. http://www.cnn.com/2007/US/11/07/border.fence/
Alipac guy - Has no job, lives on money raised from Alipac members (3000 a month + travel and other expenses - as posted by himself on his site)
Lot of people are been misguided and taken for a ride in my view...
Lou Dobbs - Opportunist looking to make money from book sales and gain popularity for possible government public post
Chris Simcox - Raised millions to build a border fence which turned out to be a cow fence at best. http://www.cnn.com/2007/US/11/07/border.fence/
Alipac guy - Has no job, lives on money raised from Alipac members (3000 a month + travel and other expenses - as posted by himself on his site)
Lot of people are been misguided and taken for a ride in my view...
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snowshoe
04-26 02:06 PM
I heard about IV from the Washington Post article. Used the webfax service and then came across this forum. Just contibuted $40, and spread the word to my friends waiting for labor.
Good luck and good bye.
Good luck and good bye.
more...
alterego
12-06 10:03 PM
I think each person can write their own story and here are a few writing points as appropriate.
1) How long you have been here, and how despite your contributions in work and taxes, creativity(of jobs?) and maintainineg legal status, you have been left in a difficult spot of no permanency of status.
2) How you have benefited from this country and would like to give back, and understood that to be the tradition on which america was built.
3) If you have US born Children. That it would be unjust to ask them to be brought up elsewhere.
4) That your entrepreneural ideas have been held back by your inability to have permanency of tenure here.
5) That you never understood that to be the way it is done in America. However, a little voice keeps telling you to never quit on America, as she eventually gets it right.
6) That you have been unable to buy a home due to this issue and wonder why it is that you can't help yourself while helping America. That you have a stable job, 20% down, excellent credit and the whole nine yards except the green card. That there are thousands like you waiting to jump in.
7) How the US gov't bureaucracy has "wasted" over half a million green cards already allocated annually by congress, all happened while there were years long queues and merely recapturing those visas has been blocked by gridlock.
8) Mention Immigrationvoice in your e mail, and state that we have some great ideas on how to make the EB system more efficient and would love to be engaged in improving the system.
1) How long you have been here, and how despite your contributions in work and taxes, creativity(of jobs?) and maintainineg legal status, you have been left in a difficult spot of no permanency of status.
2) How you have benefited from this country and would like to give back, and understood that to be the tradition on which america was built.
3) If you have US born Children. That it would be unjust to ask them to be brought up elsewhere.
4) That your entrepreneural ideas have been held back by your inability to have permanency of tenure here.
5) That you never understood that to be the way it is done in America. However, a little voice keeps telling you to never quit on America, as she eventually gets it right.
6) That you have been unable to buy a home due to this issue and wonder why it is that you can't help yourself while helping America. That you have a stable job, 20% down, excellent credit and the whole nine yards except the green card. That there are thousands like you waiting to jump in.
7) How the US gov't bureaucracy has "wasted" over half a million green cards already allocated annually by congress, all happened while there were years long queues and merely recapturing those visas has been blocked by gridlock.
8) Mention Immigrationvoice in your e mail, and state that we have some great ideas on how to make the EB system more efficient and would love to be engaged in improving the system.
raj1998
04-19 08:47 AM
My M.C.A was 3 years. this will help?
-vga
I think you have gathered quite some info. Best suggestion is to talk to a lawyer and let him have a look at your case... I think you have a chance
-vga
I think you have gathered quite some info. Best suggestion is to talk to a lawyer and let him have a look at your case... I think you have a chance
more...
dallasdude
05-13 11:05 AM
This might come as a surprise to some of you, but someone needs to say it out loud. GET A LIFE FOLKS!!!! there is more to life then EB, GC and all. it seem all we desi's can think of is how to get a green card so we can live here with peace and never have to worry bout getting laid off or anything.
Few points:
1) having gc is a privilege not a right.
2) US has every right to choose whom they want to have in their country.
3) If getting PR or citizenship of a western country is the goal there are many countries which have a fair point based system.
4) Considering the number of fraud's committed by Indian body shoppers and people who use them, i am not surprised USCIS is extra careful when it comes to Indian applications. Anyone who got his wife with no exp with software dev an h1b visa from some cheat in Jersey knows what i am talking bout . My freind got his wife an H1 after showing she knew software testing even though her major was fine arts and all she was good at was web surfing :)
5) have a back up. i came here in 2001 as student and have seen it all. I am on h1b since 2004. i knew we have too many people whose sole aim in life is a American GC. to avoid becoming one of those who check processing dates first thing in morning, i applied for Canadian PR, got it in 8 months and i am not even gonna bother applying for labor, i-140 and all those precious life controlling documents.
Wake up friends, you have options. Don't let your life depend on you application status.
Nitin
I'm proud of you. Very well said indeed. Just ignore the haters.
Few points:
1) having gc is a privilege not a right.
2) US has every right to choose whom they want to have in their country.
3) If getting PR or citizenship of a western country is the goal there are many countries which have a fair point based system.
4) Considering the number of fraud's committed by Indian body shoppers and people who use them, i am not surprised USCIS is extra careful when it comes to Indian applications. Anyone who got his wife with no exp with software dev an h1b visa from some cheat in Jersey knows what i am talking bout . My freind got his wife an H1 after showing she knew software testing even though her major was fine arts and all she was good at was web surfing :)
5) have a back up. i came here in 2001 as student and have seen it all. I am on h1b since 2004. i knew we have too many people whose sole aim in life is a American GC. to avoid becoming one of those who check processing dates first thing in morning, i applied for Canadian PR, got it in 8 months and i am not even gonna bother applying for labor, i-140 and all those precious life controlling documents.
Wake up friends, you have options. Don't let your life depend on you application status.
Nitin
I'm proud of you. Very well said indeed. Just ignore the haters.
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Chiser99
06-04 01:02 PM
I give you the moonPod...
Wasn't sure what to do for the center button tho, if i make it black like space, it makes the moon look like a dougnut http://kirupa.com/forum/images/smilies/silly.gif
Wasn't sure what to do for the center button tho, if i make it black like space, it makes the moon look like a dougnut http://kirupa.com/forum/images/smilies/silly.gif
more...
yagw
03-29 03:20 PM
Came to USA on H1B, paid for the H1B fees(at that time didn't know it was illegal to do so)
however after coming here , Paid for my own ticket and landed here on start of january 2011.
...
5. I dont want these suckers to go scott free, so how to build my case here , can i ask the DOL to recover my wages for 4 months i wasnt getting paid.
I do not care if i get any wages or not from them , but i really wanna see the locks on the gates of this company. They shouldn't take H1B and its applicant for scapegoats.
Any advices are welcome to help me bring these guys to justice.
There are others who advised you about what to do so I am not adding to it. If you want to prevent this happening to others you can expose the company here and in other forums...
however after coming here , Paid for my own ticket and landed here on start of january 2011.
...
5. I dont want these suckers to go scott free, so how to build my case here , can i ask the DOL to recover my wages for 4 months i wasnt getting paid.
I do not care if i get any wages or not from them , but i really wanna see the locks on the gates of this company. They shouldn't take H1B and its applicant for scapegoats.
Any advices are welcome to help me bring these guys to justice.
There are others who advised you about what to do so I am not adding to it. If you want to prevent this happening to others you can expose the company here and in other forums...
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indyanguy
11-16 12:04 PM
Hi Ramba,
Thanks for your response.
I have few other questions based on your response please. I am considering BOTH the options and will act accordingly with the BETTER option.
(1) EAD -To have the remaining of H1 as back up: If I use EAD and move to the new employer and also send AC21 documents to USCIS. My current employer will cancel H1 and revoke approved I-140. Also looking at the current scenario if USCIS denies 485 within a couple of months how do I get back to H1-B ASAP while I file MTR?
(2) H1 - Maintain H1 and use AC21 with H1 transfer(I will have around 9-10 months of H1 remaining at this point of time): And if current employer cancels H1 and revokes I-140 and that triggers 485 denial, I will still have some H1 period remaining and this should aid me in CONTINUING the new JOB while I file MTR?
Cheers,
Srini
1) You need to file a Change of status to H1
2) Please see one of the links posted by me earlier (a link to Ron Gother's site) which says that if you get a H1 extension based on AOS and AOS is denied, you are NOT allowed to work on H1.
Thanks for your response.
I have few other questions based on your response please. I am considering BOTH the options and will act accordingly with the BETTER option.
(1) EAD -To have the remaining of H1 as back up: If I use EAD and move to the new employer and also send AC21 documents to USCIS. My current employer will cancel H1 and revoke approved I-140. Also looking at the current scenario if USCIS denies 485 within a couple of months how do I get back to H1-B ASAP while I file MTR?
(2) H1 - Maintain H1 and use AC21 with H1 transfer(I will have around 9-10 months of H1 remaining at this point of time): And if current employer cancels H1 and revokes I-140 and that triggers 485 denial, I will still have some H1 period remaining and this should aid me in CONTINUING the new JOB while I file MTR?
Cheers,
Srini
1) You need to file a Change of status to H1
2) Please see one of the links posted by me earlier (a link to Ron Gother's site) which says that if you get a H1 extension based on AOS and AOS is denied, you are NOT allowed to work on H1.
more...
GCmuddu_H1BVaddu
04-04 09:49 AM
Who filed GC for you any way.
whats your point?? He could be from anywhere!! How does that matter with his difficult situation??
whats your point?? He could be from anywhere!! How does that matter with his difficult situation??
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srikondoji
10-13 02:41 PM
Nicely said.
Don't know if it was Roman or greek, but they kept on diluting their currency (gold coins) with copper to support their spending and populist schemes. They kept on diluting to the extent that even India stopped exporting spices becuase their coins were not worth as much as they use to once upon a time.
This is what is happening to dollar.
America is loosing their grips pn global financial system. Even though it will be remembered as the founder of free maket, it has rushed too fast and forced other countries to open up their financial system. HOwever, three essential ingedients of free market theory have not been handled well.
Price discovey, Capital allocation and Flow of liquidity.
We are at a point, where all countries can reject free market as a failed attempt or pick it up from here and strengthen it going foward. Regulation is a must or else we will hit the bump again in future.
Without a proper trading system and regulator price discovey is vey hard and bubbles keep occuring.
This is vey true in case of real estate poperties. There are many localities in Hyderabad where propeties have not been priced appropriately.
In a matter of 1 year, property prices in some localities have gone up multi fold just because of 1 or 2 transactions by desparate buyers.
There is no price differential between 100 sq yards propety or 1000 sq yards property on a per sq yard price basis.
ROE is far greater on investments made on proportionate basis on 1000 sq yard plot compared to 100 sq yard plot. Without regards fo town planning, return on investments every piece of land was priced with the same yard stick.
I think it is best to follow the quotes below
"When eveybody is buying, something is definitely wrong."
"When everybody is selling, again something is wrong".
I don't know much about buying house/property in India. Maybe you want to have a close family member keep an eye on your property otherwise a land graber/local gunda in the area may take possession of your property while you are here/away.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
.
Don't know if it was Roman or greek, but they kept on diluting their currency (gold coins) with copper to support their spending and populist schemes. They kept on diluting to the extent that even India stopped exporting spices becuase their coins were not worth as much as they use to once upon a time.
This is what is happening to dollar.
America is loosing their grips pn global financial system. Even though it will be remembered as the founder of free maket, it has rushed too fast and forced other countries to open up their financial system. HOwever, three essential ingedients of free market theory have not been handled well.
Price discovey, Capital allocation and Flow of liquidity.
We are at a point, where all countries can reject free market as a failed attempt or pick it up from here and strengthen it going foward. Regulation is a must or else we will hit the bump again in future.
Without a proper trading system and regulator price discovey is vey hard and bubbles keep occuring.
This is vey true in case of real estate poperties. There are many localities in Hyderabad where propeties have not been priced appropriately.
In a matter of 1 year, property prices in some localities have gone up multi fold just because of 1 or 2 transactions by desparate buyers.
There is no price differential between 100 sq yards propety or 1000 sq yards property on a per sq yard price basis.
ROE is far greater on investments made on proportionate basis on 1000 sq yard plot compared to 100 sq yard plot. Without regards fo town planning, return on investments every piece of land was priced with the same yard stick.
I think it is best to follow the quotes below
"When eveybody is buying, something is definitely wrong."
"When everybody is selling, again something is wrong".
I don't know much about buying house/property in India. Maybe you want to have a close family member keep an eye on your property otherwise a land graber/local gunda in the area may take possession of your property while you are here/away.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
.
more...
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Law Loving Alien
03-12 08:11 PM
Hello All,
How long does it take for decision after NSC has recieved I140 RFE response. My RFE was for my Employer Ability to pay i.e tax and bank documents etc.
Please see my details in the signature.
Is it worthwhile to convert my I140 to PP ? Will this expediete the whole process ? My I-140/I-485 are already current and NSC processing date mentions that they are already processing cases filed after me....
Any advice or suggestions would be greatly apprcieted.
Thanks,
Law Love Alien
Labor approved: March 2006
I-140/I-485/EAD Reciept Date: June 23, 2006 ( Filled Concurently in EB2)
I-140 : LUD on June 27, 2006, Aug 12, 2006
I-140 RFE issued on: Dec 18, 2006
I-140 RFE recieved by USCIS on: March 8, 2007
Fingerprinting Code 3 done: July 20, 2006
EAD approved: July 27, 2006 ( card recieved on July 31, 2006)
AP I-131: Reciept Date: Sep 22, 2006, LUD on Sep 27, 2006, AD Dec 11, 2006
I-485: LUD on June 27, 2006, July 20, 2006, July 21, 2006
Processing Center: Nebraska
Country: one of NON RETROGESSED COUNTRY
How long does it take for decision after NSC has recieved I140 RFE response. My RFE was for my Employer Ability to pay i.e tax and bank documents etc.
Please see my details in the signature.
Is it worthwhile to convert my I140 to PP ? Will this expediete the whole process ? My I-140/I-485 are already current and NSC processing date mentions that they are already processing cases filed after me....
Any advice or suggestions would be greatly apprcieted.
Thanks,
Law Love Alien
Labor approved: March 2006
I-140/I-485/EAD Reciept Date: June 23, 2006 ( Filled Concurently in EB2)
I-140 : LUD on June 27, 2006, Aug 12, 2006
I-140 RFE issued on: Dec 18, 2006
I-140 RFE recieved by USCIS on: March 8, 2007
Fingerprinting Code 3 done: July 20, 2006
EAD approved: July 27, 2006 ( card recieved on July 31, 2006)
AP I-131: Reciept Date: Sep 22, 2006, LUD on Sep 27, 2006, AD Dec 11, 2006
I-485: LUD on June 27, 2006, July 20, 2006, July 21, 2006
Processing Center: Nebraska
Country: one of NON RETROGESSED COUNTRY
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sathyaraj
11-06 02:32 PM
Deleted..as per IV moderstars inputs
more...
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awenger
07-30 03:28 PM
Hello IVians,
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
Why / How is this relevant in an immigration forum?
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
Why / How is this relevant in an immigration forum?
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bottlemani
07-19 12:35 PM
Dear Aman and other core members, your time and efforts are greatly appreciated. Thank you!
Here is my little contribution of $100
Paypal confirmation Number: 1XT348454Y495020W.
ps: I was one of those lucky ones who got the green card last week.
Here is my little contribution of $100
Paypal confirmation Number: 1XT348454Y495020W.
ps: I was one of those lucky ones who got the green card last week.
more...
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tampacoolie
09-29 01:13 PM
Was your previous approval based on an extension ? [Pending LC/Approved I-140 etc] ?
Yes. It was pending LC and they approved my I-140 last week. The status update happened immediately after my I-140 approval.Does your current transfer require documents from the previous employer ? [LC/Approved I-140] ? Yes. It was LC that was pending with my previous employer. Were you paid the prevailing wages mentioned in the LCA of previous H1B ?
Yes. I was getting paid little more.
Can this be supported by the W2 of last financial year [Not the paycheck].
Yes.
Did you have I-94 attached in the previously approved H1B ?
Yes.
Please answer these questions it might be helpful in finding what might have raised the red flag.
See the answers
Yes. It was pending LC and they approved my I-140 last week. The status update happened immediately after my I-140 approval.Does your current transfer require documents from the previous employer ? [LC/Approved I-140] ? Yes. It was LC that was pending with my previous employer. Were you paid the prevailing wages mentioned in the LCA of previous H1B ?
Yes. I was getting paid little more.
Can this be supported by the W2 of last financial year [Not the paycheck].
Yes.
Did you have I-94 attached in the previously approved H1B ?
Yes.
Please answer these questions it might be helpful in finding what might have raised the red flag.
See the answers
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neverbefore
08-19 08:41 PM
Yoo who the F*** is this? Gave me red dot which i really don�t care about...but said this 'It is not "Barath" u moron, it is "Bharat".. learn to spell corrrectly u idiot' ...look at you D*** head how you have spelled "correctelly" (correctly) in your comments you go learn how to spell first or better understand that its always possible of TYPO.:mad::mad::mad:
Wonderful performance, man! You must be proud of yourself.
:cool:
Wonderful performance, man! You must be proud of yourself.
:cool:
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quizzer
01-30 05:20 PM
I did just now. It was question no 1
nojoke
10-07 06:26 PM
Almost all Hyderabad house hold has one or more members live in US, who save atleast 15l/year and invest a lot in homeloand which would translate into sustainable stability in AP,India.
Unless US govt. declares bankruptcy, AP real estate would not burst so it would be safe to invest in AP.....
If an aparment costs 70 lakhs and that is renting for 15 thousand, how does it make sense to invest in it? The return on 70 lakhs at 12%(or 10%) is 7 lakhs/year. That is approx. 60 thousand per month. If you buy an apartment and rent it, it gives you 15 thousand. Don't you see the problem? The return on investment is low, very low. The fact that it is renting only for 15 thousand tells us that it is not affordable for most of the average guys in the city. The theory that there are more demand to snap up 70 lakh, 1 crore apartments is simply not true.
Unless US govt. declares bankruptcy, AP real estate would not burst so it would be safe to invest in AP.....
If an aparment costs 70 lakhs and that is renting for 15 thousand, how does it make sense to invest in it? The return on 70 lakhs at 12%(or 10%) is 7 lakhs/year. That is approx. 60 thousand per month. If you buy an apartment and rent it, it gives you 15 thousand. Don't you see the problem? The return on investment is low, very low. The fact that it is renting only for 15 thousand tells us that it is not affordable for most of the average guys in the city. The theory that there are more demand to snap up 70 lakh, 1 crore apartments is simply not true.
ilikekilo
05-24 08:50 PM
Is it passed already?
senthil it passed arunf 5:00 pm today
The Senate concluded its first round of CIR debate on Thursday evening. Most recently, after passing the Sanders Amendment, which would increase H-1B fees, the Senate voted 29-66 to reject the Vitter Amendment to eliminate the earned legalization program. Find more information on the CIR Featured Topics page. No more votes are expected until the Senate resumes debate during the week of June 4.
http://www.aila.org/
http://www.senate.gov/legislative/LIS/roll_call_lists/vote_menu_110_1.htm
senthil it passed arunf 5:00 pm today
The Senate concluded its first round of CIR debate on Thursday evening. Most recently, after passing the Sanders Amendment, which would increase H-1B fees, the Senate voted 29-66 to reject the Vitter Amendment to eliminate the earned legalization program. Find more information on the CIR Featured Topics page. No more votes are expected until the Senate resumes debate during the week of June 4.
http://www.aila.org/
http://www.senate.gov/legislative/LIS/roll_call_lists/vote_menu_110_1.htm
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