Farm Feel
Investing your money in a farmhouse provides you a home, a regular source of income, and the bonus of price appreciation, writes Sandeep Goel

facilities like swimming poolsetc add a touch of luxury. Solar energy is fully ‘harvested’ at Rai Singh Bhadoo’s farmhouse in Abohar.

While a comfortable home is everyone’s dream, a farmhouse that adds a liberal dash of luxury and serenity of nature to it, is a home seeker’s ultimate dream. The present- day farmhouses, with their centrally air-conditioned plush living areas, fitted with all the modern facilities — swimming pools, tennis courts, mini golf tracks etc — seem to have moved eons away from their humble origins as simple living areas in the midst of green fields, where all the basic needs of a family were, by and large, satiated by the farm only.

Though farmhouses certainly come in the high-end segment, and with land being scarce, the sale volume, too, is not astounding; yet investing in farmhouses is being tipped as a prudent move by industry watchers. “The demand for farmhouses has picked up of late, as the number of inquiries has gone up considerably. Almost every fifth investor is enquiring about farmhouses”, says Karamjit Singh of Dasmesh Properties in Kharar.

Affordability

Earlier seen as a weekend getaway, or a second home for the HNIs, farmhouses near big bustling cities are being used as first homes now. This is because better roads and connectivity make daily commuting much less taxing, and one can get back to a peaceful life after the stress and strains of city life.

Skyrocketing land prices in cities are another reason. Citing the case of the tricity area, Ranjeet Malhotra of Mohali-based Malhotra & Co., says: “ A lot of people are showing willingness to buy farmhouses as these are more economical as compared to buying a 500 sq yd house, which costs around Rs 6 crore in Chandigarh, and Rs 4 crore in Mohali and Panchkula.”

One can see a number of such farms in the vicinity of Chandigarh in Punjab, Haryana and Himachal areas. Hot favourites are the locations on the Ambala-Nariangarh road, an area which is just a 40-minute drive from Chandigarh. This area has a beautiful approach road, which is the main highway. The going price of agricultural land on this stretch is between Rs14 lakh and Rs 22 lakh per acre, depending on the location.

Siswan, which is a 15-minute drive from Chandigarh and Mohali, and is nestled in the Shivalik foothills, is another stretch being billed as an ideal location for farmhouses. Though infrastructural development in this area may take some more time, road connetivity is there. The going rate is in the range of Rs 25 lakh to Rs 70 lakh per acre, depending on the distance from the main highway. Certain areas in Solan district of Himachal Pardesh are also catching the fancy of investors. Farmhouses are fast developing in these regions as land in these areas is relatively cheaper.

Matter of size

Big farmhouses in 10 to 100 acre area remain in the domain of politicians, bureaucrats and businessmen and agriculturalists. These have modern facilities like swimming pools, children’s parks, jogging tracks, attractive landscaping with deluxe suits, and even restaurants, which are used for commercial purposes like high profile parties, business meetings etc. But now this trend is fast becoming popular among the upper middle class people also, and is not restricted to Punjab only. Areas around all major cities in India are witnessing the growth of farmhouses. Smaller versions like a 1,000 sq yd single-bedroom farmhouse along with plantation can be had for as low as Rs 30 lakh in some areas. These farmhouses have plantation and drip irrigation system.

“Farmhouses are, however, not a new phenomenon in the heart of Punjab, as one can see a large number of these in and around Jalandhar, Hoshiarpur and Abohar and Ferozepore districts.

For several agriculturalists in these areas, this lifestyle is part of their modern outlook. Modern farming methods combined with an elegant lifestyle on the farm is the hallmark of progressive Punjabi farmers”, says Rai Singh Bhadoo, who owns a 180-acre farmhouse in Abohar. He is into citrus farming, and a major part of the land is under kinnow plantation.

According to him, the annual return, besides the appreciation in the value of land, comes to be around Rs 1 lakh per acre. Besides, life at the farm is more comfortable than in his other house in Panchkula. In his countryside residence, he has facilities like swimming pool, jogging track, attractive landscaping with deluxe suites and cottages.

“It is quite a wonderful experience to live in a farmhouse, as here I can experiment with innovative ideas which otherwise is not possible in my house in the city,” says Ms Lovely Benipal, who owns a 40-acre farmhouse on the Ambala highway, which she manages along with her mother-in-law. For her this is the most refreshing and calm place which her kids love visiting.

Ashok Kumar of Garg Properties, says maintaining a farmhouse, however, may get a bit difficult, and add to the cost in the initial stages. The input expenses are not more than 10 per cent of the returns, he adds.

Sound investment

From the investment point of view, parking your funds in a farmhouse deal is a safe bet. There are many reasons for this. First of all, agricultural land is relatively cheaper when compared to residential and commercial properties in big cities. Agricultural land rates may range from Rs 12 lakh per acre to Rs 50 lakh per acre, and this can be developed into a farmhouse. A very good farmhouse of, say 10-acre area (40,000-48,000 sq yd), fully developed with all the modern facilities like swimming pool, attractive landscaping with four bedrooms, can cost anywhere between Rs 2 crore and Rs 6 crore, which is a much more lucrative and better investment than a 500 sq yd house in a city, which may cost Rs 4 crore to Rs 6 crore.

Farmhouses can also generate a decent income. A 10-acre farmhouse can fetch around Rs 10 lakh to Rs15 lakh per acre per anuum after four to five years of plantation, besides an average appreciation of 15 to 20 per cent in the value of the land. Citrus farming, poplar tree plantations, floriculture etc are some of the income-generating options that are being adopted by the educated, wanting to get a feel of the life on a farm. People having small farmhouses can also have a steady source of income by opting for bee-keeping, small flower seed nurseries etc, which can be started in even on a 1,000-yard farmhouse.

So investing in a farmhouse is a good option for those looking to invest for a steady growth of money in a safe manner. This investment serves the purpose of providing a home and a source of income, with an added bonus of price appreciation.

—The writer is Mohali-based infrastructure technology consultant

Tax Tips
Claim benefit under Section 54
S.C. Vasudeva

Q. I have sold a residential house in April 2008 and a long-term capital gain of Rs10 lakh has arisen on the sale of this house. In March, 2009, I purchased a house for Rs 7 lakh in a small town and incurred an expenditure of another Rs 4 lakh on constructing the first floor on this house. I intend using the property for self residence. I have been told that the exemption under Section 54 of the Income-tax Act would be restricted to Rs 7 lakh only and the balance Rs 3 lakh would be taxable. Please give your valued opinion on this aspect. — Piyush

A. An assessee is entitled to claim exemption under Section 54 of the Act on the fulfillment of either of the two conditions — i.e. purchasing a residential house within two years of the date of sale or constructing a residential house within a period of three years of the date of sale. It would not be proper to interpret the provisions of Section 54 of the Act that on fulfillment of both the conditions an assessee would not be entitled to avail the benefit of exemption. If both the conditions are satisfied within the stipulated time, the assessee is definitely entitled to the benefit of the exemption if all other conditions are fulfilled. You should, therefore, be able to claim the benefit of exemption under Section 54 of the Act. In this connection your kind attention is invited to a decision of Calcutta ITAT in the case of Prem Parkash Bhutani vs. ACIT reported in 110 TTJ on page 440.

Family arrangement

Q. I got a share in the family property (house) on the basis of ‘Will’. I want to sell my share and one of my brothers is willing to buy it for a certain consideration. I want to know: Will this transaction be covered under the definition of family arrangement? Whether the amount received by me on account of sale proceeds will be exempt from capital gains tax? — Des Raj Bangar

A. Your queries are replied hereunder:

It has been stated in the query that you have inherited part of the house on the basis of the Will. The sale of your share of house property to your brother would be treated as a transfer under the provisions of the Act, and, therefore, any profit arising on such transfer will be treated as capital gain chargeable to tax.

The amount received by you on the sale of your share of house property would be treated as a full consideration accruing on the transfer of your share in the property. Such an amount in its entirely would not be chargeable to tax but would be reckoned for the purposes for computing capital gain.

It may be added that a family arrangement is entered into when there is a dispute or a likely dispute between the family members with regard to the properties which have been acquired by the family over the years.

Fund utilisation

Q. I am a senior citizen and need your expert guidance for the following:

On my retirement I purchased two residential plots measuring 200 sq yd each in my and my son’s names in 1994. But the registry of the plots was got done in 1998. The registry of each plot was done for Rs 80,000. Along with this, I also paid Rs 50,000 as development charges along with court fee. We sold the both of the plot Rs 5 lakh each.

Later, I purchased two plots measuring 235 and 110 sq yd in the name of my son and daughter for Rs 3.41 and 1.61 lakh, respectively. I also incurred stamp paper/registry/tehsildar/patvari/lamberdar fee amounting to approximately Rs1 lakh.

I need your advice on how I can utilise the balance amount? I don’t know how much my LTCG and tax liability will be, and where I should deposit this tax? — A.S. Gahla

A. Your queries are replied hereunder:

You have not indicated as to when the plots were sold by you and your son.

Assuming that they were sold in the fiscal year 2010-11, the amount of long-term capital gain for the sale of each of the plots, would work out at Rs 2,36,667. This is based on the indexed cost of the plot Rs 2,63,333 calculated on the basis of the cost inflation index for the year 1998-99 on the presumption that the possession of the plot was given to you at the time of registration of the plot in 1998. Tax on such capital gain would be chargeable at the rate of 20 per cent plus education cess at 3 per cent.

Your son would also be liable to pay capital gains tax on the said amount, as the sum of Rs1,30,000 spent on the cost of a plot would be treated as gift to him. He would be liable to pay tax separately on account of the sale of the plot which is registered in his name.

The purchase of plots out of the sale consideration of Rs 5 lakh would not enable you to save tax on the profit arising on the sale of the plots. To save tax, you can invest the amount of capital gain in the acquisition of tax saving bonds. These bonds will have to be purchased within six months of the date of sale. These bonds have a lock-in period of three years. These will have to be purchased by you and your son separately.

You can also save tax by complying with another provision of the Act which requires that the assessee should either purchase or construct a residential house and utilise the amount of net consideration for such purchase or construction within the specified period. Your son can also adopt this alternative and if he so desires, can utilise the amount of net consideration arising on the sale of his plot for the purchase or construction of a residential house within the specified period. The specified period for the purchase of residential house is within one year before or two years of the date of sale and for construction is within three years of the date of sale. In case the utilisation is not made in the above mentioned manner before the due date of filing the tax return, net consideration should be deposited in a bank under the capital gains scheme before the said date. The amount so deposited can be utilised for the purchase or construction of a residential house within the specified period.

In case your income does not come within the purview of income-tax, you would be entitled to a relief for the purposes of taxability of the capital gain to the extent of the maximum amount on which tax is not chargeable for the assessment year 2011-12. For example in case you are a senior citizen and your other income is Rs 50,000, you would be entitled to deduct Rs 1,90,000 from the taxable amount of capital gain and would be liable to pay tax on the balance amount at the rates specified herein above.

Actual cost

Q. It was clarified by you in your column dated July 17, 2010 that in case the circle rate notified by the government is more than the actual consideration amount, the capital gains tax is to be computed on the basis of the value adopted by the stamp valuation authorities. Suppose ‘A’ sells a plot to ‘B’, and ‘A’ pays the capital gains tax on the sale price based on the circle rate (the actual consideration amount being less), as advised by you. If ‘B’ sells the plot further to ‘C’ after some time, what would be his purchase price for computing the capital gains tax? I request you to please clarify whether it would be the actual consideration price at the time of purchase or the price based on the circle rate at the time of purchase i.e. the price on the basis of which ‘A’ had paid was required to pay the capital gains tax? — Gurdev Singh

A. The provisions of Section 50C of the Act which were introduced w.e.f. April 1, 2003, are intended to deal with unaccounted income by the process of understatement of consideration by substituting a statutory value in the place of the apparent consideration specified in the document. Section 50C of the Act is a mere rule of evidence placing the responsibility on the seller to prove the apparent consideration to be real consideration or that the market value is less than the value which is being adopted for the purposes of payment of stamp duty. Section 45 of the Act that deals with the levy of tax on capital gain provides that any profit or gain arising from the transfer of a capital asset effected in the previous year shall be chargeable to income-tax under the head capital gain and shall be deemed to be the income of the previous year in which the transfer took place. Section 48 of the Act provides for the mode of computation and requires that capital gain shall be computed by deducting from the full value of consideration received or accruing as a result of the transfer of the capital asset, the cost of the acquisition of the asset and cost of any improvement thereto. A plain reading of the aforesaid provisions of the Act would indicate that in case of sale of plot of land by ‘C’, the capital gain would be computed by deducting the actual cost incurred by him for the purchase of the plot for the full value of consideration received or accruing on such sale. The provisions of Section 50C of the Act would not enable ‘C’ to substitute the deemed of consideration adopted for computing capital gain for payment of tax by ‘A’. This is because ‘C’ has not incurred the said amount as ‘actual cost’ of the plot of land.

This column appears weekly. The writer can be contacted at sc@scvasudeva.com

Realty Bytes
Upcountry

New Delhi: Upcountry — a 100-acre integrated township located on the Yamuna Expressway, was launched by Supertech Limited recently. The project will be constructed in two phases. The first phase comprises villas and castles, built on an area of 100 sq. yd to 1,000 sq. yard, price of which starts from Rs 26.6 lakh. This phase also offers plots, the area of which varies from 100 sq. yd, 150 sq. yd to 200 sq. yd. The company plans to invest about Rs 600 crore on this phase and the entire project will involve an investment of Rs 2,000 crore. This phase is expected to be completed in 24 months. The second phase of Upcountry will consist of high rise condominiums, second inning homes, hotels, schools and hospitals.

Speaking on the occasion R. K. Arora, Chairman and Managing Director, Supertech Limited said, “Upcountry is a township for all. Surrounded by the lush green night safari, international formula 1 track and proposed international airport, the project foresees high potential of growth, which I am sure, will attract more and more people to live here”.

Sampoornam

New Delhi: The Eros group is going to invest Rs 700 crore in its new residential project in Greater Noida with its first attempt in affordable housing segment. Eros is a Rs 7,500 crore, multifaceted real estate and hospitality conglomerate. The ‘Eros Sampoornam’ project is based on the concept of Sampoornam which means complete holistic living in harmony with the mind, body and soul being at peace.

Sampoornam will be spread over an area of 25 acres and will have around 3,400 units. The project will be constructed in different phases. The first phase of the project will have 850 units and is expected to be completed in 36 months. This project will have 80 per cent open area. The project comprises 2 and 3 BHK apartments ranging from 820 sqft. to 1715 sqft. The cost of apartments would start from approximately Rs 14 lakh onwards. The four-side open project will have high-rise apartments with amenities like theme park, swimming pool, yoga and meditation centre, badminton court, tennis courts, basketball court, skating area, clubs with gym, billiards room and space for ample parking.

Announcing the group’s first affordable housing project, Avneesh Sood, Director, Eros Group, said, “We assure timely possessions and value for money to our customers in addition to offering fixed price with no escalations for booked flats.”

I- Valley

Vardhman Estates and Developers Pvt. Ltd has launched the I-valley project in Greater Noida. The project is expected to be a one of its kind IT park. Located in the heart of Greater Noida, the project will include quality business space, reliable solutions and an international business lifestyle.

— Based on information furnished by the promoters

Ground Realty
Marble The Right Fit
Jagvir Goyal

Marble has a perennial appeal which has not diminished even with the availability of a variety of flooring materials. It not only looks good but is also very strong and long lasting, thus marble is usually the first choice of home builders. However, certain points should be kept in mind while buying it.

Makrana marble

Whenever a house builder surveys the marble market, he has one word, ‘Makrana’ at the back of his mind. Makrana is the name of place in Rajasthan where the mines have been delivering top quality marble. That’s why Makrana marble has become world famous. Makrana white is considered as the best marble and remains the most preferred one. Its shine increases with time. It was the Indian Makrana that had been used in the Taj Mahal. It doesn’t yellow with time. It is also stronger as compared to other types of marble. The places where Makrana white marble of first quality is available are Doongri and Bhat.

How to buy Makrana

Like wood, there are so many varieties of marble available that even the experts run the risk of getting cheated while buying marble. In most cases, the best advice is to visit the mines in Rajasthan itself instead of buying from the local markets as a house needs more than a truckload of marble. The more you survey the market and apply your mind, clearer you become about the lot to be selected. It is a good idea to find another house builder and make the bulk purchase together. Work out total as well as room wise requirements. Knowing room wise requirements is important.

Points to check

Know that marble looks strong and impregnable but actually, it is a porous material though quite less porous than masonry. The one having low porosity, high density and hardness is considered good one. Density of good marble is about 2800 kg/cubic metre. Its water absorption after 24 hour immersion in water should be less than 0.4% of its weight. Marble is available in white, pink, green, brown, gray and even black colors. Choose light colours like white, off-white and pink for main flooring while green or brown can be chosen for stairs.

The streaks

Often, marble slabs carry coloured streaks. These streaks or veins of different colours appear due to addition of materials like mica, silicates, iron oxide, bitumen etc to the primary rock during the formation of marble. Mica and silicates add green veins to it. Pink and reddish veins are formed by iron oxide. Bitumen lends grey and blackish streaks. Choose marble that has least of such streaks. Further, see that the streaks are as straight as possible and not too much curved.

Visiting Rajasthan

When you visit Makrana, you’ll find many agents acting as owners of mines and trying their best to sell marble to you. Ignore them and go deeper to the factory area which may require you to travel another 14 to 15 kilometers. Here, the owners will deal with you directly. There will hardly be any discounts offered and yet, the rates will be lesser than what the agents were offering. At the most, a 4-5 per cent discount may be offered by an owner wanting to sell urgently. Otherwise, the sellers know that their lots will get lifted off sooner or later and no discounts are offered.

Lot selection

Look for the slab lot, popularly known as thappi matching your requirement. Know that bigger is the thappi (slab lot), higher is the rate and lower may be the quality of marble. Smaller is the thappi (slab lot), lower is the rate and better is the quality. So try looking for smaller thappis, matching room wise requirements. These will prove cheaper and durable. You may like to have uniformity in flooring of the whole house and may thus prefer a bigger lot. If such a lot is available at reasonable rate, you are lucky. Smaller thappis are generally of 500 sq. ft. or so and thus suitable to cover 2 to 3 rooms. Size also matters. Bigger is the slab size, costlier is the marble. The slab size varies from 10 ft x 4 ft to 1ft x 1 ft. Slabs of about 3 ft x 2 ft look quite good.

Slab thickness

Thickness of marble slabs should not be less than 20 mm. It may go up to 150 mm but it is better to choose 20 to 25 mm thick slabs. See that any of the slabs designated as 20 mm thick shouldn’t have less than 19.5 mm thickness. In other words, you should allow a maximum tolerance of 0.5 mm only.

Additional points

While selecting the marble lots, also check that the slabs don’t carry any pinholes or hair cracks in them. Pay special attention to edges and angles of each marble slab. No slab should have curved edges. All edges must be truly straight. All four angles should be truly right angles. Otherwise, you may get reduced the quantity to be considered for payment by applying suitable wastage factor. In some slabs, with the passage of time, some moisture from the sub base rises and passes through the marble slabs, causing discoloration. Discuss this point with the supplier and get his guarantee against such discoloration.

Beyond Makrana

Marble with light shades and spots are also available at Albeta, Kola doongri, Lodhi Doongri, Raj Nagar, Ambaji, Kumhari, Gulabi, Adanga, Chauseera, Ulodi. Marble is known by the name of the place from where it has been quarried. You may visit these places to have a better insight and deal, if you have time. Kishangarh marble is porous, gets yellow with time and develops cracks when flooring is complete. Some marble markets have now come up in some states, too. These markets bring marble from the quarries and sell it locally. Cheeka Guhla, Bhucho etc are a few of such places. The prices of marble available at these places may be compared with those in Makrana after adding the carriage cost.

Cost analysis

You can procure marble of quite good quality and size from Doongri in the range of Rs. 60 per sq. ft. to Rs. 125 per sq. ft. by visiting Makrana. Barring exceptional circumstances, you may not get similar quality and size at this rate in the local market. Makrana lies on Borawar bye pass Road in Rajasthan. Many house builders don’t get the full quantity billed and save around Rs 10 per sq. ft. on account of tax and transportation. Avoid such a tendency.

Don’t forget to take along a photocopy of the approved house plan of yours. Showing this plan to check posts en-route Makrana will save you from octroi as no octroi is levied on the lots of marble being carried for self use.

To be concluded (This column appears fortnightly)

Real Talk
‘Major price correction not likely’
Geetu Vaid

Paras Buildtech India Pvt Ltd. that has been in the real estate field for the past eight years, is a progressive company that has some prestigious projects lined up in Delhi and Haryana, and Punjab. With a turnover of Rs 100 crore in the last fiscal, this year the company plans to generate a sales revenue of Rs 700-800 crore. Timely delivery of projects along with cost effectiveness, have been the hallmarks of the company according to Harmit Chawla, VP, Marketing & Sales. Excerpts from an interview:

There has been an upsurge after the slowdown, but now do you foresee any sort of price correction in the realty markets?

The market has been good for the past few months as sales have been going up and many new projects have been launched. Price correction depends on many factors like the dipping sales, economic problems, or unrealistic prices etc. In the current scenario the sale magnitude and economic conditions don’t seem to be a problem in the next few months, but at some places the developers have done unrealistic pricing or unrealistic price rise. In these cases we might see a price correction. But one can’t say that the market will go through a major price correction.

As you said that a lot of new projects have been launched in the past few months, do you think that this will tip the demand and supply balance?

We hope that the projects that are coming up will cater to the demand. It all depends whether the projects are coming in the price bracket that has the maximum demand. If that happens then the demand and supply gap will actually narrow down.

Oversupply in the residential segment can be detrimental to the realty market. Your comments.

Yes, oversupply can be detrimental. But we can’t say that the Indian market is facing oversupply, as we still have to meet a lot of demand. The developers are trying hard to come up with projects to narrow down the gap between supply and demand.

What are the major projects being taken up by your group in the region and how do you plan to better your competitors?

We have a number of projects lined up in NCR, Punjab and Haryana region. The Paras Panorama, project at Kharar-Mohali is a premium luxury apartment complex. Then there is the Paras Tierea in Sector 137 on Noida Expressway near DND flyover. The project boasts its connectivity with all the major locations of the city like DND flyover, CP, International Airport and the Metro Station. Recently we have launched ‘Paras Seasons’. It is an affordable premium housing project in Sector 168, Noida. One of the major attractions of Paras Seasons is fully furnished 1 BHK ‘loft duplex units’, which will have an area of 650 sq. ft. There will be 900 residential units including 1 (duplex) 2, 3 and 4 BHK option variants in sizes ranging from 650 sq. ft. to 2100 sq. ft. price range starts from 16 lacs onwards which suit every budget.

Which are the promising areas for real estate development in the region?

The most happening area is Noida Expressway, which is not a new destination but there are some developments in the recent months that have a brought strong attention and focus back to this area and today it is one the most sought after realty investment destination in India. Apart from this Areas such as Greater Noida, Noida, Ghaziabad new sectors in Gurgaon are some of the hottest destinations They are good for investment as these places will have good infrastructure in near future and as the present places are already full these will hold good future.

What should be the key points that investors should keep in mind at present?

As the market at present is being driven by end users, so it is less volatile and thus the investors should keep in mind that the appreciation now would not be like the one seen during the boom time. But any investment made now will yield good results in the long run.

Will the real estate Regulator Bill benefit the industry?

Of course it will. But this will depend on the way the Bill is drafted. It should be balanced and not inclined towards either the buyer or the developer.

Real estate boutiques

Delhi-based real estate management and advisory firm Better Option Propmart (BOP), has drawn up an ambitious project to set up a chain of 15 real estate boutiques across various north Indian cities and in Delhi NCR.

BOP claims to be the first Indian firm to introduce the concept of real estate boutiques. Titled, “BOP studio”, each shoppe will have sit-in consultants for detailed and free counselling to every walk in customer. The customers will get to see live presentations of the various upcoming as well as existing projects illustrated by the trained professionals, and get their queries solved by the experts. Giving details about the project, Amit Mavi, Director, BOP, says “You could walk-in, avail our free real estate consultancy and still not buy any of the properties being showcased. It’s a unique concept where BOP wants to bring consumer durable shopping experience to real estate buyers. We expect people to perceive BOP as a real estate consultant than a mere property seller.”

In terms of its uniqueness, BOP studio will have an initial investment of Rs 60 lakh onwards towards infrastructure alone for each Studio, while it also plans to open 2,000 sq feet high street outlets at prime location in each of its targeted cities and states such as Noida, Kanpur, Delhi, Agra, Punjab, Haryana, Rajasthan, Uttar Pradesh etc.

“We are creating shoppes and trying to leverage on scales by taking up large projects in the respective cities,” says Mavi. He further added that real estate buyers in Tier-II cities are still not exposed to professionally guide-buying experience and that is why we have hired these professionals in our studios”. — TNS