Algorithmic Trading Head

I invite applications for Algorithmic Trading Head Opening with one of the leading Equity, Arbitrage and Commodity Trading Company based in India with a global presence.  This position is for Delhi/Dubai/Singapore locations.

Highlights of the Position:

•       We are looking for somebody with 5-10 years experience in Algo-Trading in any or all asset classes-Equity/Commodity/Forex on domestic and international stock exchanges.
•       The potential candidate would be given Equity Partnership in the Company apart from the annual compensation and would be responsible for building his own team of Algo-traders and analysts.
•       Experience in C, C++, VBA etc and hands-on in any trading software is mandatory.

Interested candidates can send their updated resumes to riniaby.bcpl@blblimited.com

Head - Equity, Commodities, Forex Trading

BLB Limited is an India-based holding company engaged in equity, commodity & derivatives trading. Led by Mr. Brij Bagri, the Company has been enriched by his experience of around 36 years in capital market and stands today with a Group net worth of Rs.250 crores.

For the last 40 years, the company has been a pioneer and leader in Equity Jobbing and Arbitrage in India. The company has controlled around 4% capital market share and has been consistently recognized and ranked among 'Top Volume Drivers' by BSE and NSE.

To reposition its proprietary Equity Derivative trading space, with program/software driven trading, algorithmic trading and electronic high-frequency trading, BLB Limited looks to hire a candidate with domain expertise in them and a proven track record. The company has one of the best platforms in terms of infrastructure. BLB is looking for a dynamic leader to head the equity trading desk. This position offers a stimulating and highly rewarding work environment and compensation potential.

We wish to invite talent having experience & expertise in any one or all of the following asset class: Equities/Commodities/Forex.
ONLY those who desire to associate on a long-term basis, work with real ownership and aim to create a world class trading desk for the company should apply.

Position:
Head – Trading – Equities
Head – Trading – Commodities
Head – Trading -- Forex

Job Description:

Responsibility for leading the Proprietory Equity, Commodity and Forex Trading desk. Excellent knowledge of trading on multi-platform exchange environment and hands-on involvement with the software/technology team to design and develop trading strategies, algorithms, optimizing trading infrastructure and generating high returns.


Focus-Futures/Options Trading
(Equity/Commodity/Forex)

•       Proficient in developing Futures/Option Trading Strategies and executing them by creating and training a team of traders
•       Proficient in Software-driven Equity/Commodity /Forex Arbitrage (Cash-Future/ Spread Trading) using proprietary trading systems, while 'optimizing' performance, fund deployment and trading infrastructure
•       Proven track record in High-Frequency Trading (HFT), configuring and monitoring automated trading system with intra-day trading strategies.
•       Proficient in strategies in Index Arbitrage
•       Traded and Developed Algorithmic/ Systematic Trading by working closely with the Software team with computer programmers and analysts combining quantitative methods, technological infrastructure and trader expertise for back testing, new trading strategy development, and optimizing performance of existing strategies.
•       Manage all trading software related issues.

Experience

•       Minimum 5 years of experience at a prop desk as team leader / Head or self-employed traders for any one of the above mentioned asset class or all of them.
•       Currently working as a trader with expertise in using software and equivalent experience of high-frequency trading/algorithmic –trading.
•       Experienced trader on international exchanges such as LME, CME, DGCX, SGX etc... Trading Expertise in domestic exchanges required as well.
•       Know-how of Fundamental and Technical Analysis to analyze market conditions, economic data and financial information, sector fundamentals for equity, commodity, forex markets.



Qualification & Skill Set

•       Vision and Determination to associate on a long-term basis. Leadership abilities to build, lead the trading desk.
•       Desire to achieve record turnovers while generating marketing beating returns.
•       Strong Quantitative background, Excellent numerical and analytical skills.
•       Detail orientated and conscientious working manner
•       Ambitious and keen to take on responsibility in an organization that provides a high level of autonomy and individual responsibility
•       Strong Entrepreneurial and Leadership skills
•       Good communication skills

Technical Competency

•       Experience with C++, C#, JAVA, MS Excel, VBA, R, and /or MATLAB, MS SQL.
•       Hands-on in any of the following trading software: NEST, FlexTrader, RTS, Apama, Presto, AlgoStudio, ODIN or any other.


Candidates can mail their updated resume to riniaby.bcpl@blblimited.com

AVP - Business Development

Job Description : Job Title – AVP - Business Development (Marketing, Planning, Strategies, Budgeting, Forecasting)
Category – Business Development
Location – Bangalore/Delhi
Experience – 4-9 years
Qualification – BE/B.Tech + MBA (Only from premier colleges) – (Preferred MBA Graduates from 2003 -2007 batch)

Responsibilities -

Summary
Overall responsibility for managing a Product or Product category, owning the sales, growth and long term profit & loss. Responsibilities range from product launch, creation and management of Supplier Vendor networks, driving merchandizing & sales strategies and providing leadership / direction to the BD team involved in managing the Product.

Vendor network management& operations
a)      Set up and manage a vendor relations team which would do the following:
a.      Recognize sources and set up Vendor Accounts for daily business
b.      Negotiate with vendors for better pricing  and deals for our customers
b)      Provide direction in creation of an effective network of Supplier Vendors, ensuring agility and "speed to market" of the concerned Product
c)      Create a comprehensive Vendor management governance framework, defining – terms of association, pricing and payments, service level measures, service tracking methodologies, rewards & penalties, communication etc. The framework shall ensure that the Vendor's approach and services are aligned to optimize the Product availability and sales
d)      Complete Ownership of Product Catalogue data & pricing
e)      Provide direction to team to set systems of effective co-ordination and collaboration with internal teams like operations, website, customer support, catalogue team etc. for category specific requirements
Merchandising and Sales strategy
a)      Drive mid and long term strategies around market potential, competitor intelligence, pricing options. Leverage various methodologies including research, analytics, professional networks to drive such strategies
b)      Provide a business point of view and sustainable solutions / recommendations to aid decision making
c)      Create a sustainable business model in the category for ongoing business
Team development and management
a)      Provide overall direction and drive to resource planning, staffing (hiring or internal movements) and overall team management
b)      Provide guidance to establish effective career management processes for the team ensuring – performance assessment, feedback, career growth opportunities aligned to performance and potential
Profile / Background
a)      Educational background from IITs or/and  IIMs (or similar select Tier 1 institutes)
b)      4-9 years of work experience
Desired Competencies
•       Strong understanding of technology and business
•       Must be willing & happy to learn
•       Ability to Connect with people across teams & levels
•       Strong focus on execution
•       Complete ownership of the category and the Business Goals

Please send your profile to hr@vintronicsinc.com

OnGreen - India General Manager

OnGreen, the global clearinghouse and marketplace for clean technologies, is looking for an India Country Manager to run its India operations out of Mumbai.

As covered in TechCrunch, VentureBeat and other top global publications, OnGreen is a venture-backed, White House-cited, LA-based, cricket-playing, overworking, Turntable.fm-addicted start-up that drives partners and capital to the most promising clean technologies and companies globally and transforms today's environmental challenges into future economic advancement.  OnGreen also has an office in Shanghai.

We are currently expanding the commercialization market for OnGreen with the intention of bringing new and innovative clean technologies into India.

Job Description
The India General Manager will report to the COO of the company and lead the expansion of OnGreen's presence in India. The primary focus will be researching, developing and managing relationships with cleantech stakeholders in government, the private sector, academia and the non-profit world. The candidate could come from any of the following backgrounds: Sales, Consulting, Investment Banking, Recruitment, Marketing, Hi-Tech, Non-Profit or Business Development.

Duties:
● Drive India strategy for OnGreen.
● Research and report on the best way for OnGreen to serve the Indian market.
● Build relationships with entrepreneurs, companies, universities, NGOs, governments and investors in cleantech.
● Establish and implement short- and long-range goals, policies and operating procedures for OnGreen's India office.
● Manage local team.
● Represent the company at cleantech conferences and/or business meetings.
● Supervise the preparation, issuance, and delivery of marketing materials, exhibits and promotional campaigns.
● Be ready to take on additional initiatives and responsibilities as they emerge.
● Report on performance of India efforts against clearly-defined metrics.

Desired Skills and Experience:
● Worked in India for a multi-national company, preferably an internet company.
● Established and maintained industry contacts that lead to real partnerships.
● Relationships with large corporations, universities, trade organizations and government agencies.
● Excellent communication skill -- spoken and written -- in English and Hindi.
● Ability to start from scratch in developing new markets.
● Relationships with major Indian internet sites and investment banks are a plus.
● Understanding of cleantech/renewables industry is preferred.
● Business or organizational degree preferred.
● Ability to travel frequently (25-50% of the time).

OnGreen offers a competitive base salary, benefits, stock options and an additional, performance-based bonus.



If you are interested, please send an email to: indiacareers@ongreen.com with the following:

• Resume or OnGreen profile URL  
• Cover letter/message
• Links to communities you've built and managed (include your username)
• List of Top 5 favorite Hindi Films and actors/actresses of all time

Business Development Roles

Openings for Assistant BDM, BDM and Senior BDM with 2 - 5 years experience at Bangalore, Mumbai and Delhi The relevant experience should be into Brand Management, Channel Management, Vendor Management and Business Development. Knowledge of BTL would be added advantage. Salary would be more than Rs. 10.0 Lakhs p a. Education should be B.E./B.Tech + MBA (From Premier B Schools) Please send your profile toHR@vintronicsinc.com Key Skills:Strong analyticical skills,excellent verbal & written communication, relationship management

 

Responsibilities

 

·         Collaborate with internal departments in the preparation and presentation of business/financial models for new business initiatives,

potential deals, and/or emerging products.

·         Good experience in Business development, channel management and account management

·         Brand plans implementation - Promotions/ Consumer Activation/ Merchandising  and Tracking outstanding as per Terms of Trade

·         Coordinate with the circle sales teams for analyzing and defining new product requirements w.r.t. product, price, promotions.

Research Director - Consulting - 5+ years

Position: Research Director

Location: Gurgaon (New Delhi National Capital Region)

Industry: Consulting and Advisory Services

Job Opportunity with our client A US based Strategic Advisory firm –Offering research products to help companies' worldwide harness the power of outsourcing. With offices in the United States, Canada, India, United Kingdom, Australia and Netherlands we serve clients effectively around the world. Our breadth and depth of experience enables us to deliver expert analysis, insightful research, and strategic results 

Job Description:

Research Directors lead a capability within a practice area. They manage a team of analysts focused on a specific research area or capability and need to be involved in all aspects of developing the capability or practice area.  The Research Director delivers analysis and advice to blue chip clients through written reports, consulting, client inquiry, speeches, and other deliverables. The candidate must be able to analyze, write, participate actively in the sales cycle, consult, present in front of large and small audiences, work with senior executives, develop complex and compelling scenarios, develop research agendas and work with clients solving strategic outsourcing issues. 

Responsibilities:

    * Manage a team of analysts to create actionable insights to solve client problems by evaluating and analyzing information collected through interviews, surveys and statistical analyses

    * Communicate and interact at the executive level with major outsourcing service providers and recipients of global services,  to address their strategic business issues, analyze their offerings, strategy, positioning, and predict the changing dynamics of the market    Develop a strong external reputation by networking with clients, service providers and analysts, participating in research meetings and other public forums, and publishing leading edge research based reports, whitepapers and articles

    * Collaborate with analysts across the company to deliver research that assists clients with understanding strategic global sourcing issues and market trends

    * Work closely with our consulting and sales organizations to help in the close and delivery of engagements on issues of strategic sourcing and operations

    * Supervise team activities and take an active role in the professional development, growth and mentoring of his team members

Requirements:

We are seeking a high calibre individual to maintain our exceptional standards.  This person should have: 

    * At least 5-7 years of experience in a professional services environment (Management Consulting/ Business Research)

    * Experience with a strategy consulting firm is highly preferred

    * Outsourcing and off-shoring industry knowledge/experience and ability to understand market trends

    * Strong executive presence and presentations skills

    * Strong relationship orientation

    * Excellent written and oral communication skills

    * Collaborative work style; strong interpersonal and team skills

    * A bachelor's degree is required, strongly prefer someone with an MBA

    * Ability to travel 25- 30%

 

Kindly send the resume – cv@recruiseindia.com

Catastrophe Modeling

Title :  Catastrophe Modeling

Experience :- 2 - 8 years.
Location:- Mumbai

We have an opportunity with one of our well know client based out of Mumbai , where in they are looking out for candidates with exposure to Insurance/Re- insurance domain and with experience of working on Catastrophe Modeling.

Requirement :

Ø  Exposure analysis and comparison for data provided for reinsurance  treaty pricing.

Ø  Identify data issues; highlight them and consequences to underwriters to ensure unbiased risk assessment.

Ø  Actively understand the underwriting process at the front end and update deliverables and process accordingly.

Required profile :

Ø  Scientific and economical curiosity, combined with strong analytical and quantitative skills.

Ø  An advanced degree in a natural science or (structural) engineering discipline, ideally with superior knowledge in at least one of the main hazards listed above.

Ø  Experience in probabilistic natural hazards modeling and property insurance is a plus.

Ø  Ability and interest to support our underwriting units in analyzing property business cases

 

If interested mail me :- cv@recruiseindia.com

Associate - Investment Banking

We are currently supporting Associate requirements with a leading Investment Bank in Bangalore. 

 

Requirement:

An IBD Bangalore Associate should have:
- A keen, long‐term interest in investment banking
- An outstanding academic record. Chartered Accountant and/or MBA (Finance) and/or MS (Finance) from the Tier 1
  institutes 
- Strong quantitative and technical abilities
- Investment Banking experience of 5 years out of which at least 1 year as a team lead

 

Role:

An IBD Bangalore Associate will be playing a dual role as a Banking senior as well as a team lead being involved in many
of the following activities:

• Working on pitches and live situations while advising corporations on mergers and acquisitions and financing
  transactions
• Tracking assigned clients/ sectors by monitoring street events, news flow, quarterly results, industry developments 
  

               - Updating senior members of the team on these developments. Discussing potential business opportunities /
                 pitching ideas
               - Leveraging knowledge of assigned clients and their businesses in running the client service books primarily with
                 help from analysts
   

  

Revert with: Current CTC | Expected CTC | Notice Period  to Mail: rumki.deb@peepalconsulting.com

Research Business Analyst - Options Research

Research Business Analyst - Options Research

 

The role is for a Business Analyst , Bangalore. The BA will be working closing with New York based Options Research team. The team publishes trade ideas for clients on single stock options and index options based on various catalyst driven, sectoral, macro and cross asset themes and various other systematic trading strategies using options. The team collaborates with equity research, portfolio strategy and economics research analysts to combine fundamental views with volatility views.

 

Specific Skills:

-          Quantitative background (Engineering/Statistics/Econometrics/Computer Science) and with strong finance basics. Knowledge of derivatives will be a plus.

-          Programming experience (C++ or any other language). Familiarity with SAS, R or Matlab.

-          Knowledge of MS Excel is a must.

-          Familiarity with Bloomberg or other external data sources.

-          Exposure to equity markets.

 

General Skills:

-          Excellent verbal and written communication skills.

-          Meticulous attention to detail and strong organizational skills.

-          Exceptional analytical skills, lateral thinking, and judgment.

-          Ability to work in a dynamic global environment with a focus on teamwork.

-          A proactive approach and a high level of enthusiasm.

-          Investment research experience is an added advantage.

 

Experience  1-3yrs

Senior Equity Advisor

Position:       Senior Equity Advisor

Location:       Mumbai

About the company

Its primary role is that of a responsible intermediary with a strong professional base. Its forte is providing advisory and innovatively structured financial solutions in the area of fund raising, infrastructure development, government borrowing, corporate restructuring and money market intermediation. At the retail level, Centrum provides investment advisory service and distributes financial products like mutual funds, insurance products, etc.

About the job

It is not a Team Management role.

Responsibility:

•       To Advise & Manage Equity portfolios and achieve the set business targets.

•       To help build the Broking business in assigned territory and nurturing existing relationships for achievement of long term business objectives and client servicing.

•       To Manage and maintain equity investments and client relationships.

•       To interact, understand and help on both fundamental and technical ideas from PCG research team

•       Carry out in-depth industry & company research and prepare research reports outlining the investment advice

•       Preparation of periodic reports for monitoring Business performance & productivity.

Primary Functions/Responsibilities:

•       Deliver Investment strategy and solutions to clients directly by

•       Constant monitoring and review of select client based upon timely analysis of markets dynamics.

•       Ensure adherence to laid processes and compliance.

•       Establish and maintain strong relationships with clients.

•       Provide Market & Business intelligence to CEO/ head.

Critical Attributes /Competencies:

Good knowledge of products & processes.

Good Interpersonal, Communication & Presentation skills.

Job Specification:

Graduate with min 7 Yrs of Experience in Broking Business.

==============================================================================

If you are interested, please send across your profiles to Shabbir.hussain@altor.co.in

shabbir.hussain@altor.co.in

Manager - Strategic Initiatives

Role: Manager - Strategic Initiatives â€" Altor Executive Search

To know moiré about the company please visit www. altor.co.in

Job Description:

The role is part of the CEO’s office. This role will include varied set of responsibilities across HR, Training, Online Initiatives, Business support. Additional responsibilities can be added depending on candidate’s strengths and interest areas. The right candidate will have great analytical and problem solving skills, Will be entrepreneurially inclined, a team player with good communications skills. This role will be great training ground for anyone looking to become an entrepreneur in future. A brief snapshot of responsibilities is as follows.


Business Support :-

New Process Design â€" Identify gaps and design new processes to improved productivity of the organisation.

Process and workflow audit â€" Do regular audits on defined process to identify deviations and suggest solutions.

Database /Knowledge management system â€" Altor collects a lot of information on regular basis and needs to have a system to utilize it better for improved intelligence and efficiencies. The role would require the incumbent to own the initiative of identifying, buying and implementing software from the market.

Client management â€" Incumbent will work closely with the CEO to manage and build relationships with the key clients of the organisation. These clients will typically be CEO /MDs /Directors /Function heads /Business heads of India’s largest Banks or Financial Institutions. The incumbent will run programs to strengthen these relationships.


Online/ Technology Initiatives : -

Online - Job Portal /Referrals Portal â€" Altor will launch a new age job portal with some of the most innovative features. Incumbent will work as the product manager for this portal and work closely with the technology vendor to develop, launch and promote the portal. The eventual goal is to build a large online community on the portal in next one year.

Online Community Management â€" Conceptualise and run online campaigns for the Altor Brand and the portal. Extensively use Facebook/ LinkedIn/ Twitter / Blogs to build the Altor brand in a cost efficient way.


HR Responsibilities : -

Joining/Exit Formalities- Ensure all the joining and exit formalities are completed for Altor employees within the stipulated time.

Training- Responsible for scheduling the training sessions and manage training calendar for existing employees and the new joiners.

Performance Appraisal/PMS- Own the Performance Management System of all the employees for their appraisals.

Leave Management- Maintain tracker to keep an eye on the leaves taken by employees and help in payroll management.

Internal hiring- Will be responsible for building the internal team of Altor through active hiring of consultants.

Other responsibilities will be added to this role on a regular basis. Most of these responsibilities will be strategic in nature to the organisation.

 

Thanks & Regards

Shabbir Hussain| Head Selection| Altor Executive Search Direct  :  +91 - 22-61177802  E-mail  :  shabbir.hussain@altor.co.in 

ZSM - consumer products maintenance

Email: piyali@tracersindia.com
Job Description : We at Tracers India Search Pvt Ltd. have an urgent opening for Zonal Sales Manager for Consumer Product Maintenance with one of our esteem client.
Designation : Zonal Sales Manager
Division : Consumer Products Maintenance
Location :
 Mumbai
 Kolkata (East)
 Chennai (South)
 Ahmedabad (West)
Years of Experience : 5-8 Years
Industry Preferences : FMCG /Paints/Lubricant

Desired Profile:
1. MBA(Premier B-School) like IIMs, XLRI, MDI, JBIMS, NMIMS etc… with5-6years of experience in Sales from good FMCG /Paints/Lubricant Companies for ZSM position
2. Should be a stable candidate with maximum number of 2-3 changes
3. Should have worked as a Regional Head of a standard Co having All India Sales and Distribution network or a Sr ASM of a well known large Turnover Cos
4. Should be Computer/Technology savvy
5. Should have the skills of leading a team from the front
6. Should have ability to think and observe trends in the market/significant competitor activities and report to Management while guiding Branch Managers and taking action
7. Should be oriented towards implementing Sound systems and Policies
8. Should have good administrative and networking ability (with other depts.) like logistics and Admin resolving issues at local level

Job Profile / Role and responsibilities:
To look after sales and distribution in the states
Sales
1. Achievement of Sales target for his Region.
2. Effective management of Branch Managers and TSIs and Cluster Market Development In charge (CMDIs).
3. Accurate Sales Forecasting for the branch.
4. Ensuring gap elimination of Sales Force (i.e. TSI, ASM, CMDIs) in his zone.
5. Recovery of Poor Preference territories.
6. Sales improvement thru lSR Module implementation.
7. Competition tracking and timely action--
8. Proper implementation and review of all trade schemes.
9. Increase sales in Modern Trade and Corporate segments enhancement.
Distribution Management
1. Effective implementation of all WSS related policies and systems.
2. Reduction in WSS attrition.
3. Appointment and Induction and training of new WSSs (Stockiest) of right profile as per WSS appointment and Induction Module.
4. Implementation of software at WSS point.
5. Expansion of Distribution network.
Inventory and Receivable Management
1. Inventory management at locations in his Branch.
2. Keeping Receivables under control.
Manpower Development
1. Training of New Joinees ( ASMs, CMDis, RSMs)
2. TSI Induction and training.
3. Training of Sales force
4. Career path progression of sales force
Market development
1. Implementation of Market Development plans and effective use of Market Development Budget
2. Work with CMDI five days in a month of his Branch; include Launch of a New Product
3. Attending personally Mega promotional meets & also Audit market development activities implementation.
Direct Report and Reporting to:
Report to - National Sales Manager in charge of domestic sales at Mumbai
Reportees - Branch Managers, each Branch Managers will be reported to by 8- 10 TSIs and 70-80 Distributors

Company Profile : Our client is the largest adhesive manufacturer in India. It also has worldwide presence in adhesives, art material and industrial chemicals. It is a public listed company and they are listed amongst the Top 500 companies in India

If you are interested in above mentioned profile kindly send across your updated CV on piyali@tracersindia.com

Supply Chain Professionals

Urgently Looking for Supply chain professional for Mumbai with a leading FMCG organization. Exp: Min 7-10 years post MBA/ B.Tech. CTC: Max 35 LPA .FMCG & Retail professionals preferred.

Pls revert / refer at:
 shilpa@auctusconsulting.in

Business Analyst - Finance

We are having an urgent requirement with one of our clients based out in Gurgoan for the Business Analyst(Finance)

Exp: 4+ Yrs(Post Qualification - MBA or Equivalent )

Interested candidate pls revert at:
shilpa@auctusconsulting.in

Director / Lead, Business Development

Description : Director / Lead, Business Development  - Fortune 100 Captive Offshore Unit

Our client has an immediate need for a Director / Leader Business Development to support the grow their presence in India.
My client is a fortune 100 Financial Services company with a significant presence in India.

This position is based in NCR, however will require frequent travel globally, and offers the following:
 - High visibility and high impact projects
 - Direct access to global senior leadership

 To apply, please send your details to
sanjay . malik  @  live . com

In addition, the position will require:

 - Consultative sales skills

 - Excellent analytical skills with an ability to synthesize qualitative and quantitative information very effectively (high degree of comfort with Excel and PowerPoint is essential). Ability to frame complex problems and independently drive to actionable solutions

 - Essential :  Very Very Strong written and oral communication skills
 - Strong interpersonal skills, the ability to establish positive working relationships and drive team results without direct reporting relationships

 - The ability to work well independently as well as on a variety of teams, high energy, comfort with ambiguity and a desire for professional growth

 - Ability to travel

Real Estate - NRI

Current Industry: BFSI (NRI Sales)
Experience: 7+yrs

Responsibilities:
1.To evaluate the size of business from the NRI market and to create & execute a cogent market building strategy for the US market
2.To ensure enquiries and transactions for the projects identified from your role and activities through regular follow ups and meetings
3.To create a strong and motivated Channel network who will consistently contribute to sales
4.To meet and coordinate with Banks, HFC ( Housing Finance Companies), Wealth Management Groups and ensure business from the same
5.To keep in regular touch and abreast with the respective sites dynamics
6.To work consistently towards reducing the cost of sales
7.To take ownership for all NRI customers and leads generated for better conversion
8.To update on the happenings and events scheduled and plan a Sales calendar accordingly
9.To keep abreast with relevant competition and their activities including price movements, construction activity and other sensitive information for the related projects
10.To maintain and follow a P & L for the function and create a buffer in the same
11.To have complete know how of all special NRI focused Housing Finance documents and procedures to enable purchase of real estate in India