The world population and workforce are increasing in every aspect with various opportunities. People believe in working smarter with more incredible ideas and fewer burdens. Here comes the concept of co-working, where different industries engage under the same roof keeping basic amenities like desks, kitchen, reception, high-speed internet, and machinery together.

Over the years, the Philippines has become the BPO capital by creating a mass engagement on point by having co-working places at the core of Metro Manila.

Things to keep in mind while looking for a co-working space:

·        Designing of the place and environment

Everyone has different tastes and preferences, such as some can fit their world in a laptop, whereas some find comfort within locked doors. A co-work space should feel welcoming for both of them. Coworking space in Quezon City offers both locked-door offices and familiar places to work on.

·        Cost management and efficiency

Whenever a new idea comes up for a start-up, it’s not always possible to meet the costs and get a place of one’s own. The co-working spaces make it affordable. Division of labour always makes people efficient in their field. Several co-working spaces in Quezon offer both skilled and unskilled labourers at a fraction of the cost.

·        Surroundings of a co-work space

Working from home or alone sometimes becomes dull as the environment stays stagnant over the years. One of the many essential facts of a co-work space is that it attracts different types of entrepreneurs at the same place where people can sit and exchange their ideas. A typical corporate environment drives people quickly to make connections better, expanding their business with several professionals around.

 ·        Accessibility around the clock

The workforce of a country always includes a new generation to keep going. Recent studies have shown that the new generation is much more interested in finding better workplaces to come up with lesser costs and more significant ideas. Co-working space in Quezon City offers accessibility 24/7, an excellent opportunity for students to work during their free time.

·        Increases productivity and networking

Working around individuals from different backgrounds enhances productivity and lifts people to work more without getting bored or demotivated. Connecting with others in the same place attracts new minds to work on their long-awaited ideas.

Takeaway:

The monotony of working from home or alone becomes less of a worry when there is an option of working outside in a different environment. There is no burden of going to the office daily and maintaining a conventional 9 to 5 work timings in these co-work spaces. There is always room for deciding to leave without the burden of real estate debt, as day-to-day lease agreements are also there. However, co-working spaces in Quezon City with fully equipped offices are triggering freelancers and entrepreneurs to establish an office environment without worrying about funding.

The idea of co-working space came into existence nearly ten years ago. One of the biggest concerns while starting a company is minimizing costs and increasing productivity. Working in a co-working space with different types of entrepreneurs comes with the great benefit of networking and learning opportunities from one another.

Bonifacio Global City has developed the idea of enhancing employee engagement and productivity.

Five main reasons to work from co-working space BGC:

Better work environment

The idea of a co-working place is driving rapidly in the Philippines due to millennials searching for better exploration opportunities. In today’s world of competition, millennials are always looking for better workplaces that can enhance they thrive on being on top. The conventional 9-5 time of the workplace has already created a stigma over the years. As these co-working places allow employees to choose their work schedules and a better approach to becoming more organized and engaged, there are 135 offices to co-work in Manila alone.

·        Cost and efficiency

Renting a whole building with the concept of giving each employee a desk is far better than renting a vast hall with little compartments. Whenever an individual is looking for a start-up, minimizing the costs and maximizing the profits are the primary concerns. As there are other companies nearby to look at, it’s also possible to compare the prices and look at the betterment of it. Co-working space BGC even offers day-to-day lease properties convenient enough to decide on.

·        Flexibility in finding expertise

A co-working space BGC offers physical space and staff types like BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing). The team of BPO acts as the third-party service provider to the company by helping with the recruitment process, cost management etc. In contrast, the staff of KPO deals with outsourcing the business, legal matters and balance sheets.

·        Expansion of a home-grown business

Several companies out in the Philippines are big on ideas, but due to a lack of resources, it’s becoming harder to expand businesses on their own. Co-working space BGC is increasing its area daily with better resources and accessibility.

·        Preference

Companies move on flexibility. As a co-working space, BGC offers better amenities at a low cost, leaving without the fear of debt or expanding a business is highly convenient. Several Metro Manila co-working places also offer accessibility 24/7, which attracts millennials to work as per their lifestyle and schedule. According to Forbes, millennials prefer humanizing the workplace by collaborating and focusing on job satisfaction and motivation.

Takeaway:

These are the main driving force behind co-working places in Manila, the Philippines. According to economists across the world, the future belongs to Asia. Studies show that, by 2030, nearly 30% of the biggest real estate companies will shift their workplaces to Metro Manila.

When it comes to hosting a conference or meeting, having the right conference speakerphone can make all the difference. Not only does it allow for clear communication among attendees, but it can also improve the overall experience for everyone involved. So, how do you choose the best conference speakerphone for your needs? Here’s the ultimate guide to help you make the right decision.

First and foremost, consider your budget. Conference speakerphones can range in price from a few hundred dollars to several thousand, so it’s important to determine what you’re willing to spend before making a purchase. Once you have a budget in mind, you can start looking at the features and capabilities of different models.

Next, consider the size and layout of your conference room. If you have a large conference room with multiple attendees, you’ll need a conference speakerphone with a wide coverage area. On the other hand, if you have a smaller conference room or only a few attendees, you can opt for a more compact model.

One of the most important features to consider is the microphone and speaker quality. You want a conference speakerphone with a high-quality microphone that can pick up voices from all around the room, as well as clear, crisp speakers that can be heard by everyone in attendance.

Another important factor to consider is the connectivity options. Does the conference speakerphone have Bluetooth capabilities? Can it connect to your phone or computer via USB? Does it have the ability to connect to a landline or VoIP phone system?

In addition to these features, you’ll also want to consider any additional features that may be useful for your specific needs. For example, if you’re hosting a conference call with attendees from around the world, you may want a conference speakerphone with built-in noise-cancellation technology to eliminate background noise and improve call quality.

Finally, it’s always a good idea to read reviews and do some research before making a purchase. Look for conference speakerphones with a good reputation for reliability and high-quality performance.

In conclusion, choosing the best conference speakerphone for your needs requires some careful consideration. By considering your budget, conference room size, microphone and speaker quality, connectivity options, and any additional features you may need, you can find the perfect conference speakerphone to enhance your meetings and conferences.

Call center headsets are an essential piece of equipment for any customer service representative or telemarketer. They allow for hands-free communication, which is crucial for maintaining a professional demeanor and handling multiple tasks at once. But with so many options on the market, how do you choose the best call center headset for your needs?

First, consider the type of headset that will be most comfortable for you to wear. If you plan on wearing your headset for long periods of time, comfort is key. Over-the-ear headsets are generally more comfortable than earbuds, but they can be bulkier and may not be as portable. On-the-ear headsets are a good middle ground, offering some level of comfort without being too obtrusive.

Next, think about the features you need in a headset. Do you need a noise-cancelling microphone to filter out background noise? Do you need a headset with a mute button or volume control? Do you need a wireless headset, or are you comfortable with a wired option? Make a list of your must-have features to narrow down your options.

It's also important to consider the durability of the headset. Call center headsets can take a beating, so you want to choose one that is built to last. Look for headsets with a sturdy design and good warranty options.

Finally, don't forget to consider the price. Call center headsets can range in price from under $50 to over $200. Determine your budget and look for a headset that offers the features you need at a price you can afford.

By considering these factors, you can discover the best call center headset for your needs. Whether you need a headset for comfort, features, durability, or price, there is an option out there that will meet your needs. Don't settle for a subpar headset – invest in a high-quality option that will help you succeed in your job and provide top-notch customer service.

Noise-cancelling headsets are an increasingly popular choice for those who need to block out distractions or ambient noise while working, studying, or traveling. If you're in the market for a new noise-cancelling headset, here are some features to consider:

Active vs. passive noise cancelling: Active noise cancelling (ANC) uses microphones and algorithms to actively cancel out background noise, while passive noise cancelling relies on the physical design of the headset to block out sound. ANC can be more effective at blocking out low-frequency sounds like engine noise, but it can also add a slight delay to audio playback.

Sound quality: Make sure to consider the overall sound quality of the headset, including the clarity and balance of the audio. Some headsets may have a boost in the bass or treble frequencies, which can affect the overall sound quality.

Comfort and fit: Noise-cancelling headsets can be worn for long periods of time, so it's important to choose a model that is comfortable and fits well. Look for features like padded ear cups and an adjustable headband to ensure a good fit.

Bluetooth connectivity: If you plan on using your noise-cancelling headset with a phone or other Bluetooth-enabled device, make sure it has strong and reliable Bluetooth connectivity. Look for features like aptX or aptX HD, which can provide better sound quality over Bluetooth.

Battery life: Noise-cancelling headphones often have a battery life of around 20 hours or more on a single charge. If you plan on using your headset for long periods of time, look for a model with a longer battery life.

Price: Noise-cancelling headsets can range in price from under $100 to over $500. Determine your budget and look for a model that offers the features you need at a price you're comfortable with.

Warranty and customer support: Consider the warranty and customer support offered by the manufacturer. A good warranty and responsive customer support can give you peace of mind and protect your investment.

If you're in the market for a headset for your office in 2023, it's important to know what to look for in order to make the best choice for your needs. With so many options available, it can be overwhelming trying to determine which headset is the best fit for your office. In this comprehensive guide, we'll delve into the key factors to when choosing a headset for your office in 2023.

First and foremost, consider the type of headset you need. Do you need a wired or wireless headset? Wireless headsets offer the convenience of not being tethered to your desk, but they also require regular charging and may have a shorter range. Wired headsets, on the other hand, are generally more reliable and don't require charging, but they do limit your mobility.

Next, consider the type of microphone you need. Do you need a microphone that picks up sound from a single direction (unidirectional) or from all directions (omnidirectional)? Unidirectional microphones are better for noisy environments as they filter out background noise, while omnidirectional microphones are better for conference calls or video calls where everyone needs to be heard.

Comfort is also an important factor to consider when choosing a headset for office. If you or your employees will be wearing the headset for long periods of time, it's essential to choose a comfortable option. Look for headsets with padded ear cups and adjustable headbands to ensure a comfortable fit.

Noise-cancelling technology is another feature to consider when choosing a headset for your office. If your office is located in a busy or noisy area, a noise-cancelling headset can be a game-changer. It allows you to focus on your work and have clear conversations without the distractions of background noise.

Finally, consider the brand and price of the headset. While it's important to find a headset that fits your budget, it's also important to invest in a quality headset that will last. Look for reputable brands with good reviews and consider the long-term value of the headset rather than just the initial cost.

Are you tired of constantly tangling yourself in cords while trying to work? A wireless office headset might be the solution you've been looking for. With a wireless headset, you'll be able to move freely around your office or home without the restriction of cords.

When shopping for a wireless office headset, there are a few key factors to consider.

First, think about your budget. Wireless headsets can range in price from under $50 to over $200, so it's important to set a price range before you start shopping.

Next, consider the type of connection you'll be using. If you'll be using the headset primarily with your desktop computer, you'll want to look for one that connects via USB. On the other hand, if you'll be using it with your phone or tablet, you'll want to look for a headset that connects via Bluetooth.

You'll also want to think about the range of the headset. If you'll be using it in a small office, a headset with a range of up to 30 feet should be sufficient. However, if you'll be using it in a larger space or if you frequently move around while on calls, you'll want to look for a headset with a longer range.

Comfort is also an important factor to consider when choosing a wireless office headset. Look for a headset with a comfortable, adjustable headband and ear cushions. If you wear glasses, it's also a good idea to look for a headset with glasses-friendly ear cushions.

Finally, consider the features you need in a headset. Some features to consider include noise-cancelling technology, the ability to connect to multiple devices, and the availability of a mute function.

By considering these factors, you'll be able to find the perfect wireless office headset for comfortable, hands-free communication.

Time and again, it has been proven multiple times that investing in real estate properties gives one of  the best returns. All you have to do is to arrange finance and invest in value for money properties. Many savvy investors in urban cities, such as Hyderabad, look for bank property auctions conducted online.

For starters, there are many advantages of investing in bank properties.

Here is a list of insider tips to invest in a bank auction property in Hyderabad.

Insider tips related to bank auction properties

1.            NPAs are increasing, and banks are getting rid of them

Loans disbursed by banks get defaulted when the borrowers are unable to repay. The latest report released by the RBI suggests that there are over17,000 properties mortgaged to bad loans. These properties are non-performing assets (NPAs) for the leading public sector banks.The borrowers failed to repay the loan amount, and the banks fully possessed mortgaged properties.

Of these properties, 13206 are residential, 24489 are commercial, 1347 are industrial, and 102 are agricultural. To recover the capital from NPAs, banks conduct e-auctions on their official websites or in 3rd-party e-auction portals. They want quick resolution and capital recovery and attract city bidders.

2.            Lower rates than the market

Banks offer lower rates for NPAs than the market price to attract a more significant mass of bidders. Banks fully own these assets and want to sell them off as early as possible. It delivers an excellent opportunity for real estate investors to get such properties at low prices and enjoy a better ROI.

3.            Transparent bidding process

The bidding process is transparent and relatively easy to comprehend. Interested buyers must register and submit the earnest money deposit at the requested portal. The bidders can see the opening price and each other’s bids online. Once the bidding process closes, the highest bidder wins. He will then have to follow the ownership process and submit as much as 15% of the asset value within a stipulated period. As the entire process is transparent, it enables bidders to gain information, make necessary arrangements beforehand and participate in a fair bidding process.

4.            Seeking professional assistance is possible

Leading 3rd-party e-auction portals work with public and private sector banks. NPAs are enlisted in the online auction portals providing accurate information to interested buyers. These buyers can contact the authorities of these portals and seek professional assistance regarding arranging pre-bidding deposits, earnest money, etc.

5.            Homework

The expert real estate investors suggest checking due diligence, encumbrance, disputes, property conditions, etc., beforehand in Hyderabad and then participating in a bidding process. It is ideal for visiting the properties to check the location advantages and other physical features of a bank auction property in Hyderabad.

Residential property sales across India in H1 2022 by city

Image Source:https://www.statista.com/statistics/1032962/india-residential-sales-by-city/

Verdict

Participating in bank property auctions has become a lot easier. Set a budget and gather financial confidence to make complete investment plans. Almost all auction properties are authenticated by the bank leading to a hassle-free future for real estate investment. To find the most promising bank auction property in Hyderabad or other cities, seek assistance from an e-auction portal. Find the most trusted e-auction portal online and discover properties enlisted specifically by the banks.

To know more about the e-auction process and how to register, visithttps://www.auctionbazaar.com/contactusand seek professional assistance.

Properties from bank auctions in India are one of the most lucrative investments since they come at desirable rates. When a home loan owner fails to pay back the loaned money to banks, their properties become privy to disputes, and banks can take them over. The current economic situation post-Covid situation has led to defaults in the repayments of home loans.

“As per Deloitte, to pivot towards sustainable lending going forward, the Government would need to act fast on resolving the NPA issue, bring in accountability with lenders and reforms to guard against a repeat of the bad loan cycle.”

Hence, knowing the essential factors to consider when buying property from bank auctions in India is vital.

1. Find the Right Bank-Auctions Properties

It is relatively easy to find auctioned properties these days since banks and financial institutions like to keep people in the loop about such properties in the first place. You can find the auction details in local newspapers or ads that provide all the information about Bank auctioned properties. You must make the right choice, which brings us to our second point. You can also check out websites like https://www.auctionbazaar.com/ to find a list of auction properties across banks.

2. Inspect the Property on Your Own

Once you have checked out the details about the property, before submitting your tender, you need to go and check out the property on your own. Do a thorough physical inspection of the property to make the right decision. Banks also have designated inspection times for several properties. You can go on your own time and see the progress and structure.

3. Learn The Bank Auction Process

Bidders must familiarize themselves with the whole bank auction process before they go ahead and make their bids. A thorough knowledge of the process enables them to avoid any pitfalls or surprises during the auction process. So, you must gather as much information about the bank auction as possible. This homework will help make the process go a lot smoother and more efficiently.

4. Keep The Documents Ready

Another primary step to keep in mind about the Bank auction process is to prepare all the necessary documents. It is crucial to remember that bank auctions require a set list of legal documents and the bidding form. Hence, one has to ensure a complete list of all the essential documents ready during the bidding process for an effective auction.

5. Submit the Right Bid

There are different ways of bidding, as one can bid through the bidding form or the tinder form, as well as through competitive bidding. However, when bidding on Bank Auction Properties, it is imperative to keep in mind that you know your budget. Making the correct bid will enable you to get your money’s worth with the property. So, there is no need to go overboard with the bidding amount for a particular property.

The Takeaways ‘As a Buyer’

Getting a property at prime locations lesser than the market price is the primary advantage of buying a property at Bank auctions. Also, there is less load on you of due diligence since the auctioning Bank already studies the legal status of distressed properties before placing them up for the deal.

Wrapping Up

Buyers should familiarize themselves with all the essential details before, during, and after buying the property through a bank auction. These important tips will help them and make them owners of suitable properties.

The most transparent way to find and bid for the property of your choice is here. Contact us now.

The non-performing assets (NPAs) are a decisive factor in determining the financial burdens of private and public sector banks. As per the statistical report of the December 2021 quarter, the PSU banks are suffering more than the private ones.

As perhttps://timesofindia.indiatimes.com/business/india...-list/articleshow/88316357.cms, The gross non-performing assets (NPAs) of public sector bank (PSBs) have doubled in the last seven years to Rs 5.40 lakh crore in 2021 from Rs 2.24 lakh crore in 2014.

The biggest names with NPAs on this list of public sector banks (PSBs) are the State Bank of India (SBI), Bank of Baroda (BoB), Bank of India (BOI), and Punjab National Bank (PNB).

All these PSUs are willing to e-auctionto retrieve capital from the market as much as possible.

As perhttps://www.thehindubusinessline.com/money-and-ban...re-ratings/article64277335.ece,

IDBI Bank (with gross NPA ratio of 24.11 per cent of gross advances) and Indian Overseas Bank (23.6 per cent) have NPA ratios of over 20 per cent. Among PSBs, Indian Bank has the lowest GNPA ratio of 7.21 per cent, the credit rating agency said.

Eight PSBs banks — IDBI Bank, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Central Bank of India, Dena Bank, United Bank of India, and Corporation Bank — had a GNPA ratio of over 15 per cent as of June 2017.

YES Bank is the only bank in the sample of 38 banks with a GNPA ratio of less than 1.

State Bank of India (SBI) accounted for the largest share of about 22.7 per cent (or ₹1,88,068 crore) in the total NPAs of 38 banks (aggregating ₹8,29,338 crore) as of June-end 2017.

“The highest amount of gross NPAs held by the country'slargest lender SBI amounts Rs. 2.01 trillion which is equal to 24.39% of the gross NPAs. Other Public Sector Banks include; Punjab National Bank (PNB) holds Rs. 552 billion and IDBI Bank has Rs. 445 billion.”

Image Source:List of Public Sector Banks which have highest share in NPA

Let us discuss the List of top PSUs with the highest NPAs

1.        State Bank of India: The highest gross NPAs

In seven years, the NPA of SBI has increased from Rs 74,842 Crore in June 2014 to Rs 1.21 Lakh crore in September 2021. A significant growth in the NPA volume has left the financial core of this branch dwindling.

2.        Punjab National Bank

This bank has been suffering since it has written off many bad loans. From June 2014 to September 2021, its gross NPA increased from Rs 32,416 Crore to Rs 98,484 crore. There is almost a 300% increase in gross NPA, which is quite an alarming situation for the bank.

3.        Canara Bank

Third on the list, the gross NPA of Canara bank has increased from Rs 12,647 Crore to Rs 52,494 crore in these seven years.

4.        Bank of Baroda

This PSU has also witnessed a massive increase in gross NPA from Rs 15,879 to Rs 46,382 crore from June 2014 to September 2021.

5.        Bank of India

Another name on this list, the Bank of India, is also dwindling in financial burden due to a significant increase in gross NPA from Rs 11,160 to Rs 40,915 crore.

6.        Union Bank of India

This PSB has witnessed a significant growth of NPA from Rs 22,199 crore to Rs 77,781 crore within this period.

Many other PSBs have been suffering from the accumulation of NPAs over the years. The current amalgamation of the banks and the cumulative amount of NPAs resulted in a downfall of the current economic condition. The gross NPA of the PSBs summed up to Rs 540,442 crore in September 2021. It was Rs 224,542 Crore in June 2014. Hence, the figure has doubled in just seven years.

Current scenario of PSBs in recovering NPAs

Due to the continuous accumulation of the NPAs, the PSBs are willing to participate in a bank of India e-auction to recover the bad loans quickly. The advent of e-auction portals has been a boon for these banks.

Bidders from all over the country qualify and register in these e-auction portals to participate in a bidding process, get their hands on these assets, and enjoy an excellent bank offer. On the other hand, banks are witnessing faster capital recovery from these NPAs online. Hence, this is the right time to invest in such assets from authentic sources.

VisitAuction Bazaar to get the details of bank-promoted properties auctioned or to get the details of funding of NPA smoothly from NBFC/FI's/Banks.

The non-performing assets (NPAs) are a decisive factor in determining the financial burdens of private and public sector banks. As per the statistical report of the December 2021 quarter, the PSU banks are suffering more than the private ones.

As perhttps://timesofindia.indiatimes.com/business/india...-list/articleshow/88316357.cms, The gross non-performing assets (NPAs) of public sector bank (PSBs) have doubled in the last seven years to Rs 5.40 lakh crore in 2021 from Rs 2.24 lakh crore in 2014.

The biggest names with NPAs on this list of public sector banks (PSBs) are the State Bank of India (SBI), Bank of Baroda (BoB), Bank of India (BOI), and Punjab National Bank (PNB).

All these PSUs are willing to e-auctionto retrieve capital from the market as much as possible.

As perhttps://www.thehindubusinessline.com/money-and-ban...re-ratings/article64277335.ece,

IDBI Bank (with gross NPA ratio of 24.11 per cent of gross advances) and Indian Overseas Bank (23.6 per cent) have NPA ratios of over 20 per cent. Among PSBs, Indian Bank has the lowest GNPA ratio of 7.21 per cent, the credit rating agency said.

Eight PSBs banks — IDBI Bank, Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Central Bank of India, Dena Bank, United Bank of India, and Corporation Bank — had a GNPA ratio of over 15 per cent as of June 2017.

YES Bank is the only bank in the sample of 38 banks with a GNPA ratio of less than 1.

State Bank of India (SBI) accounted for the largest share of about 22.7 per cent (or ₹1,88,068 crore) in the total NPAs of 38 banks (aggregating ₹8,29,338 crore) as of June-end 2017.

“The highest amount of gross NPAs held by the country'slargest lender SBI amounts Rs. 2.01 trillion which is equal to 24.39% of the gross NPAs. Other Public Sector Banks include; Punjab National Bank (PNB) holds Rs. 552 billion and IDBI Bank has Rs. 445 billion.”

Image Source:List of Public Sector Banks which have highest share in NPA

Let us discuss the List of top PSUs with the highest NPAs

1.        State Bank of India: The highest gross NPAs

In seven years, the NPA of SBI has increased from Rs 74,842 Crore in June 2014 to Rs 1.21 Lakh crore in September 2021. A significant growth in the NPA volume has left the financial core of this branch dwindling.

2.        Punjab National Bank

This bank has been suffering since it has written off many bad loans. From June 2014 to September 2021, its gross NPA increased from Rs 32,416 Crore to Rs 98,484 crore. There is almost a 300% increase in gross NPA, which is quite an alarming situation for the bank.

3.        Canara Bank

Third on the list, the gross NPA of Canara bank has increased from Rs 12,647 Crore to Rs 52,494 crore in these seven years.

4.        Bank of Baroda

This PSU has also witnessed a massive increase in gross NPA from Rs 15,879 to Rs 46,382 crore from June 2014 to September 2021.

5.        Bank of India

Another name on this list, the Bank of India, is also dwindling in financial burden due to a significant increase in gross NPA from Rs 11,160 to Rs 40,915 crore.

6.        Union Bank of India

This PSB has witnessed a significant growth of NPA from Rs 22,199 crore to Rs 77,781 crore within this period.

Many other PSBs have been suffering from the accumulation of NPAs over the years. The current amalgamation of the banks and the cumulative amount of NPAs resulted in a downfall of the current economic condition. The gross NPA of the PSBs summed up to Rs 540,442 crore in September 2021. It was Rs 224,542 Crore in June 2014. Hence, the figure has doubled in just seven years.

Current scenario of PSBs in recovering NPAs

Due to the continuous accumulation of the NPAs, the PSBs are willing to participate in a bank of India e-auctionto recover the bad loans quickly. The advent of e-auction portals has been a boon for these banks.

Bidders from all over the country qualify and register in these e-auction portals to participate in a bidding process, get their hands on these assets, and enjoy an excellent bank offer. On the other hand, banks are witnessing faster capital recovery from these NPAs online. Hence, this is the right time to invest in such assets from authentic sources.

VisitAuction Bazaar to get the details of bank-promoted properties auctioned or to get the details of funding of NPA smoothly from NBFC/FI's/Banks.

The banks and financial companies offer loans to the seekers for buying properties or for other purposes where properties are mortgaged. In this process, financial institutions use a property or an asset as a mortgage to secure the loan amount disbursed to the borrowers.

Sometimes, the borrowers fail to follow the loan repayment plans and become defaulters. Upon continuous notice, if a borrower does not respond, the financial institution is eligible to use the mortgage to retrieve money from the loan market. When such cases happen, the assets that don't perform are called non-performing assets (NPAs). Banks get rid of such NPAs via online auctions and reduce their financial burdens.

As perhttps://www.statista.com/statistics/1032962/india-residential-sales-by-city/, in the first half of 2022, around 44 thousand housing units were sold in Mumbai, India's most demanding residential housing market. All of the eight biggest metropolitan areas of India recorded a significant increase in housing sales. There was a total of 158,705 residential properties sold during the period.

These bank auction properties in Chennaiand other cities are authentic and verified. You can clearly understand that a bank will not provide a loan until a mortgage is verified.

Top cities with exclusive NPAs for auctions

As the market for the public sector banks could be better due to the increase in the loan defaulter list, these banks are waiting to auction the NPAs to interested buyers across the country. It is also a unique way to invest in real estate properties verified by public sector banks (PSBs).

A lending institution or a PSB will be the best owner to buy a real estate property. There is no better way to authenticate and verify a property apart from the methods followed by a bank. Hence, buyers often look forbank auction properties in Hyderabadand other Tier I and II cities for such properties. They get a brilliant investment medium in the real estate industry and assets to invest from an authentic source.

The top cities to invest in this contemporary era are:

·        Chennai

·        Mumbai

·        Hyderabad

·        Bangalore

·        Surat

·        Pune

·        New Delhi

·        Kolkata

·        Ahmedabad, etc.

Tier I and II cities are ideal to choose as the price of properties is currently witnessing a downfall due the past-pandemic conditions. The market is picking up faster, and the PSBs are gearing up to retrieve the money by auctioning the NPAs online.

Being a part of the NPA auction online

To find the most promising bank auction property in Mumbai or other cities, seek assistance from an e-auction portal. Find the most trusted e-auction portal online and discover properties enlisted specifically by the banks.

The transparent process will be conducted by following the latest guidelines mandated by the government. The involvement of the PSBs is a certificate of transparency and authenticity.

You must qualify as a bidder and register in an e-auction portal to find out the bank auction properties in Bangaloreand other cities you are interested in. Find the most suitable properties under PSB names and progress with the process.

Seek professional assistance from the auctioneering team for consultation and get your hands on the best properties in the leading cities. Contact us here,https://www.auctionbazaar.com/contactus. 

Loans disbursed against mortgages are standard in banks. Banks authenticate the properties mortgaged by a borrower to reduce the risk of spending a lot of money. A borrower needs to pay back the loan amount in installments. After the constant failure to pay EMIs, the borrower is a defaulter.

“In financial year 2021, public sector banks in India reported a total of over six trillion Indian rupees in gross non-performing assets (NPA). This was a decrease from the 7.3 trillion Indian rupees in 2019. In contrast, private sector banks reported an increase from 1.8 trillion in financial year 2019 to two trillion Indian rupees in financial year 2021 in gross NPAs.

Non-performing assets are also referred to as "bad assets". They consist for example of non-performing loans, which are unlikely to be repaid in full by the borrower. NPAs pose a challenge to banks because they reduce the profitability as well as the liquidity of banks.”

The asset kept as a mortgage is a non-performing asset (NPA). To retrieve the money lost in loaning, the banks often sell NPAs in auctions. Let us find out how auctioning properties can benefit banks and buyers.

Benefits of auctioning NPAs for banks

An increased value of NPAs is a liability for the banks. By selling the properties through public auctions, capital gets recovered from the market. A bank is eligible to sell NPAs without the intervention of courts, as per the SARFAESI Act 2002.

The benefits of auctioning NPAs for banks are:

1. Banks can autonomously make decisions and sell the properties entitled as mortgages for loans.
2. When a borrower fails to meet the terms of loan repayment as per a bank’s agreement, the bank can sell the property kept as a mortgage to retrieve its money.
3. It seldom happens that auction properties generate returns bigger than the loan amount after several years of the loan repayment failure. Hence, NPAs often become a significant investment for banks that offer better returns in the future.
4. Banks can also use other recovery methods to retrieve capital from the market by using the NPAs.
5. Banks can sell these assets directly as they are the legal owner of the mortgaged assets and can make decisions accordingly.

Benefits of buying auction properties from banks

As mentioned earlier, banks want to eliminate the overwhelming volume of NPAs to retrieve capital from the market. Buyers often show high interest in buying such properties for the following benefits.

1. Low competition due to the minimum bidding value set by the banks and the earnest money deposit (EMD) that a bidder has to deposit makes competition less and offers excellent opportunities for investors.
2. The banks validate the mortgaged real estate properties before disbursing loans to borrowers. Hence, an interested buyer will not have to authenticate a property as it has already been done.
3. The entire process is done publicly with no discrepancy in the auction system. Anyone meeting the criteria can become a bidder and participate in the process. The deposited EMD value is returned when one cannot get hold of an NPA. Hence, once a tender is closed, and the auction is complete, EMDs are returned to all bidders.
4. Identifying and investing in authentic properties with such processes is easy.
5. Extreme convenience of paperwork when a bank is involved in the process of property name transfer is also a huge benefit.                       

These are the benefits of auction properties for both banks and buyers. Property auctions have been a very effective way for banks to reduce the stress in their books and for prospective buyers to own a home at discounted rates. All interested bidders must engage in a legal title search of the property. This process helps them verify the validity of critical documents.

Get assistance from a dedicated relationship manager for the end-to-end handling of transactions - from selecting the property from the database to consulting services in auction management athttps://www.auctionbazaar.com/services#dedicated-relationship-manager.

The environment in a call center can get quite noisy. Agents are constantly on their phones with different customers. They also have conversations amongst themselves, apart from solving customer queries and contributing to the noise. While this noise might be integral to a call center's overall collaborative atmosphere, it might be unpleasant for the customers and sometimes the agents. 

Hence, one of the best ways for call centers to deal with this issue is to choose proper noise-cancelling headsets for call center.Advanced noise-cancelling technology and ergonomically designed headsets guarantee all-day comfort and excellent call quality. However, there are some essential factors that they need to consider to make the right choice. This article will provide all the vital details on the necessary features that a call center headset must have. 

Essential Tips to Choose the Right Headset for Call Centers 

When buying, specific factors such as quality, price and the intended goal play an indispensable role. Hence, one must followthese tips to make the right and appropriate choice. 

• Check The Working Environment 

With evolving business landscape and consumer trends, working conditions in contemporary offices have also changed remarkably. If the call center has already been designed to minimize background noise, you can focus on other features, such as the audio quality and design of the headset. If not, then going for the noise cancelling headsets for call center might be the right choice. 

• Comfortable Experience

Clients who call the call center are in diverse conditions, some quiet and some loud. Agents wearing a headset throughout the day innately put sporting comfort first. It would help if you considered the intended purpose to meet the individual preferences and needs of your employees/agents. 

• Agent Roles Must Be Considered 

The agents must select a headset depending on individual needs, as some agents sit at their desks, and others move from one place to another. Most agents are subject matter experts and hence might have to move around the office to accommodate the agent requests in the best way. Using a wireless headset with an acceptable range is one of the best choices for these agents to move freely in the office for more flexibility and freedom of movement. 

• Headsets with Sensors are Beneficial 

The headsets equipped with appropriate sensors will definitely and effectively elevate the call handling and security aspects. Hence, they can provide the users with real-time data, and agents can deal with the clients more efficiently.

• Hearing Protection is Important 

Since customer service agents get exposed to a lot of noise for a longer time, it can damage their hearing if they aren't protected. Hence, the headphones need valuable features that don't damage the ears of the agents with a relevant sound effect. 

Wrapping Up

These are some main tips call center owners, and managers must consider when choosing the perfect headset for the agents. The optimal resolution always takes into account, in equal measure, the call center office setting, the requirements of the wearer and the corresponding prices.

Innovative technology like Bluetooth delivers wireless connectivity with flexibility and breakneck speed. Connectivity from wireless headphones to mobile phones, laptops & mic of the wireless computer to many other devices require a short range of connectivity. They are cordless. People can experience benefits such as hands-free communication and functionalities with Bluetooth technology. Bluetooth wireless technology has made electronic components surpass the market in practicality and usefulness. This link technology, powered by headsets, can make one's experience easy and worthwhile. 

Why Use Bluetooth Headsets for Your PC or Laptop?

While working on your laptop or any other computer device, having the assistance of Bluetooth headsets can be both comforting and efficient. The following are some of the main reasons one should invest in quality Bluetooth headphones with mic for PC .

1. Wireless Connectivity 

The main reason to buy wireless headsets is not just the support of the Bluetooth Group but the wireless technology it comes with. While cables on headphones have their charm, going wireless offers freedom to users, which can be unparalleled. You no longer have to worry about headphone cords or carrying the device around. 

2. Multitasking with enhanced portability

You can perform various tasks. While doing jobs requiring you to move, you connect your Bluetooth and are good to go. With your Bluetooth headsets connected with systems and devices wirelessly, you can quickly move about anywhere. Also, Bluetooth headsets provide superior sound quality and stable connection, even on a PC or laptop. 

3. Compatible with all modern devices

Bluetooth technology is incorporated in almost all modern devices, including laptops, tablets, and personal computers, offering unified connectivity with all devices. Today's innovative connection setup features are accessible and provide a wonderful experience.

4. Hassle-free communication

Dealing with the connections of wires around your laptop is the last thing anyone would want for sure. This is where  Bluetooth headphones with a mic for PC  can be a life saviour. They are effortless to set up on your laptop and will hardly take a few minutes. Just pair the devices together and enjoy the wireless experience. 

5. Longer usage periods

The extended Bluetooth wireless connectivity has no wires to connect with systems and devices. This feature makes these headsets suited to more extended usage periods when compared with their wired counterparts. One of the unique features gives them the edge over wired ones in everyday usage scenarios making day-to-day activities a real success. 

Wrap Up

Mentioned above are some of the main reasons why opting for a Bluetooth headset for a laptop or PC can be worth a shot. If you are looking for reliable Bluetooth headphones to go with your devices, choose one with all the essential features you are looking for. Select between a wide range of wired and wireless headsets designed to work with your PC, laptop, tablet & smartphone devices.

A good pair of headsets can make a huge difference. You will need the right audio and microphone setup when it is all about professional communications such as meetings, Call-center communications, conferences or one-to-one conversations. The latest noise-cancelling headsets with good audio and microphone hardware can fit well.

So how do you pick the best noise-cancelling headsets for you?

Here is a list of tips you need to focus on to find the best headsets with noise cancelling microphones.

Expert tips forfinding noise-cancelling headsets

1.                  What do you want the headset for?

Regarding professional work, you will need a pair of headsets to offer a relentless communication channel with clients and customers. Define what kind of conversation you want to do and the environment you will primarily work in. It will help you define the right set of headsets. Consider comfort as a crucial factor in finding ergonomic headsets.

2.                  Wired or wireless?

This era is the era of wireless headsets that offer the highest convenience and flexibility to make calls from anywhere within a defined range. Wireless headsets must have the correct interface wielding Bluetooth V5.1 or more increased to connect with the latest smart devices without any hassle.

Make sure the range of connectivity is higher and offers low latency features so that you can communicate with a professional or an audience without lags. The latest Bluetooth V5.1 or higher versions offer a 30-meter radius of seamless connectivity and transmission distance.

3.                  Connecting with multiple devices

A busy day at work means switching from one device to the other. What if you don’t have to change headsets and can use only one device to connect with multiple smart devices? An electronic blessing, we all need. The top designs of headsets with noise-cancelling microphones from the best brands offer such remarkable features that you can connect multiple devices simultaneously and make your work easier. There is no need to switch from one device to the other. Rely on the software interface of the headsets and add more convenience.

4.                  Artificial Intelligence (AI)-backed noise reduction

You will be surprised that the latest professional headsets have an AI-based electronic platform that can reduce or cancel noise from the background. Look for such latest models to work on the go. You can effciently work in a co-working space or shared offices without compromising the quality of audio transmitted to the other side and the acoustic experience.

5.                  High-definition calls

Make sure the model of headsets you choose can transmit high-definition calls without compromising the quality. A modern headset should have the lowest latency rate and offer a lag-free channel connected to unified communication (UC) platforms you use regularly.

Smooth communication with no compromise

By following these tips, find the most efficient and cost-effective headsets with noise-cancelling microphone. Make sure the model you choose can be easily incorporated or linked with the UC platforms, web browsers, and operating systems installed in the intelligent devices.

Get Livey headsets for officeEnterprise, contact center, home office, andstudentsand make your day-to-day activities a real success.

Gone are those days when headsets were cranky, fragile and messy. This digital era is the era of new wireless headsets that make professional contact center jobs much more accessible. Livey has brought you a plethora of exclusive call center headsets packed with remarkable features to suit your call center needs.

We understand our customers and their evolving specific business needs. Hence, we offer integrated solutions for call centers with a passion for innovation & inspiring technologies with a mission to make our customer's day-to-day activities an absolute success!

Here is the list of advantages you can add to your professional life with the best call center headset from Livey’s latest collection.

1.                  Comfort and convenience at their best

Taking calls or calling clients for hours must be comfortable and convenient. These two factors decide your professional output daily. The Splendor 710 BT Series headsets are what you need. Wield a headset from this series for hours and forget the discomfort. This series of headsets is designed by introducing ergonomic and lightweight features. Rest assured that your ears and head will not ache from wearing one for hours.

2.                  Smooth, soothing and high-quality sound transmission

 The headsets are designed to offer an exceptional stereo experience with an exclusive interface to transmit high-quality sound to both ends. The HIFI HD Audio interface provides seamless sound transmission for professional and entertainment purposes.

3.                  Artificial Intelligence (AI) for noise reduction

The latest models of headsets come with a brilliant hardware system backed with AI-powered noise reduction features. It offers the best experience for professional executives to receive and make calls in a busy call center. It is also ideal for professionals to make and receive calls on the go. The AI interface offers a brilliant acoustic experience and omits all kinds of noise to emphasize the speaker's voice correctly.

4.                  Best-in-class Bluetooth

The best call center headset from Livey comes with top-notch Bluetooth V5.1 technology that allows a caller to stay connected with a PC, laptop, tablet or any smart device within a 30-m radius. Hence, there will be no interruption in the calls as this modern technology will keep the headset connected with the concerned devices and provide a smooth transmission of sounds through conventional barriers. You will enjoy proper mobility without sacrificing audio quality as an advantage for your professional life.

5.                  Easier to integrate with multiple devices

You can easily connect the best-in-class headsets to the latest smart devices. They are compatible with the conventional operating systems and browsers used in call center offices. The headsets can perfectly integrate their features with the management software platforms used in contact centers.

You can also connect these headsets with more than one smart device simultaneously. Switching headsets or devices is unnecessary for communicating with multiple people on the call. Only one headset connected to various devices will do the trick.

Best headset for best calls

Add these top advantages of using the best call center headset from the house of Livey. These durable and elegant headsets will be the backbone of your professional setup. Enjoy crystal-clear communication with clients and add more value to your brand image.

Headsets make your work and life more manageable. But it would help if you had Noise-cancelling headsets to get an immersive and powerful sound to be productive on your tasks, even in a busy environment. They reduce unwanted ambient sounds using active noise control engineering. Their main goal is to protect hearing and are a haven for many people. They block background noise and allow you to be productive on your tasks, even in a busy environment.

In this blog, we will discuss the different advantages of using headsets that help cancel the noise.

Benefits of Noise Cancelling Headsets for People 

1.   Improved Concentration 

There is no doubt about the fact that noise-cancelling headphones will always help in improving your concentration most effectively and efficiently. It can be difficult to properly focus on anything if there is a lot of noise. With these fantastic devices, you can quickly reduce the noise around you and concentrate on anything that you want to do. This feature allows you to continue managing your calls without changing your working environment, making work-life much easier. 

2.   Better Listening 

Have you ever tried listening to music in an exceptionally crowded place? If you have, you know how irritating and futile it can be. Even when you turn up the volume to the highest, some noises tend to move past the music and reach your ears. The noise-cancelling headphones are the best choice for sure. You can get a fantastic noise-free experience in a noisy environment. 

3.  Conversations Are Much Better

Apart from watching movies and listening to music in a chaotic setting, you can sit somewhere and converse with your people without noise. It can be quite a nuisance to attend a phone call where there might be a lot of noise. With continuous use time, it can damage your hearing too. In this circumstance, noise cancelling headset comes to the rescue. 

4.  Keeps People Safe & Healthy

With exposure to noise for an extended period, people may develop serious health risks. These health risks include sleep disorders, deprivation, cardiovascular diseases, hearing loss, etc. If you want to avoid such an atmosphere that directly affects your health in the first place, choosing noise-cancelling headphones will be the best choice in this case. 

Wrapping Up

In the end, noise cancelling headsets are simply the best creations for preserving ear health, helping you focus on several tasks efficiently. 

Manage your calls without changing your working environment and making work-life much easier. Buy Livey headsets.

This digital era is the new era of a hybrid work environment. Hence, Bluetooth speakers are gaining popularity and have become one of the most convenient ways for wireless connections to your smartphone, tablets, laptops and other devices. With innovations incorporated in the latest models, speakers have become speaker phones. They can be used as an entertainment appliance and for meetings and conferences. Furthermore, other modern features, including a hands-free experience, versatility and compatibility with other devices, make them famous, offering convenience to the users.

Let us discuss the benefits of using a Bluetooth Speakerphone.

Benefits of Bluetooth speakerphones

1.                   Easier to pair with the latest professional and personal devices

One of the prime benefits of using a Bluetooth-enabled speakerphone is its exclusive software platform. It can easily be detected and connected with popular smart devices such as laptops, tablets, and smartphones.

The newer models have an inbuilt operating system compatible with the latest unified communication platforms such as Zoom, Microsoft Teams, Skype, Cisco Webex, Google Meet, GoTo meeting, etc. Take part in meeting discussions keeping your hands free and offering greater comfort. What's more, controlling the speakerphone is relatively easy. They also have intuitive buttons for primary controls, including adjusting the volume.

2.Comes                   with Bluetooth V5.3

Another reason for using such a speakerphone is that the new model comes with Bluetooth V5.3, the latest in class. It can connect with devices within 5 meters of the range, offering an unhindered communication channel. It can be connected to multiple smart devices simultaneously, offering a relentless communication channel for conversations on any platform. Hence, there is no need to switch audio devices for connecting calls and attending meetings simultaneously.

3.USB                   connection

You can also connect such speakerphones to laptops and computers via USB Type-C cables. As mentioned earlier, the intelligent operating system of a modern speakerphone is compatible with Mac OS, Windows and other popular operating systems of computers.

4.                   Artificial intelligence-based noise cancellation

The operating system of a Bluetooth Speakerphone comes with AI-based noise-cancellation features. Even if you are amidst the chaos, your voice will be transferred noise free to all the ends connected via a unified communication platform. The latest models also come with a 4 MEMS Microphone Array to catch your voice perfectly from anywhere within a 5 m radius of the meeting space.

5.                   Versatility

A Bluetooth-enabled speakerphone can work as a contact center voice assistant, open office calling device, online education speaker, etc. It can also be used as a personal collaboration device and a more-advanced microphone. It is easier to carry and integrate with the latest operating systems, unified communication platforms, web browsers, etc. Hence, it comes in a one-in-all small package.

6.High                   -definition voice communication

The latest models of these speakerphones come with a Dual-Core HIFI 4 DSP chip that reduces noise to the highest level and delivers voice appropriately for seamless communication. These models' speakers are good enough to understand what an audience is saying.

In a nutshell

A small yet versatile Bluetooth Speakerphone is what you need to set up an office anywhere you want. With its easier-to-connect interface and exclusive hardware features, you will find the best-in-class communication device to make your work easier and entertainment better. 

Ditch the cords and feel the satisfying freedom of using advanced Bluetooth wireless headphones, such as Livey's speaker phone, with AI-embedded noise cancellation.