Here’s How To Develop A Website like Dubizzle in UAE

It is one of the biggest user-generated community and classified portal present in the UAE. It provided valuable and relevant information in the property listing and job vacancies. This site is right now delivering its spectacular services in Saudi Arabia, Lebanon, Oman, Algeria, Qatar, Tunisia, Egypt and much more. This UAE based classified portal is turning so many heads in the market. As it streamlines the process of buying and selling properties, it boosts the curiosity of the user base by making the complete process more fun and engaging.

Almost 40% of the UAE’s user base that is active online, dedicatedly visits the websites for a considerable amount of time. Yes, originally this site was developed for just classified listing, that too in Dubai. But now the times have changed and so is its basic functionality. The portal has expanded and is now dedicatedly providing extra services in many of the countries. Seeing such a huge development, it is obvious that the businesses would be attracted to the creation of websites like Dubizzle. But not many are well-versed with the technicalities involved in building a site with a similar concept. However, this should not be the reason to put a stop on development. So here are the most important things you need to know about developing a site like Dubizzle. So without any further ado, take a look.

Take a look at the different things that influence the investment for this task. It is very important to evaluate each and every aspect to make sure that development is moving in the right direction.

Domain Name

In order to create a website, it is important to have a dedicated budget for the domain name. It is basically your website address that the audience will type in the search bar of the browser. This would be done to access the site. If this part is missing then there is no way the user can discover your website online. The cost depends upon the name that you are choosing. It will vary between 100 to 300 AED, completely depending upon the registration. The math here is simple, for all the domain names that are already registered or are very high in demand the business needs to pay extra money. To get the hold of the desired domain name it is necessary to pay a little extra, as the competition out there is tough.

Necessary functionalities

Apart from the domain name, it is necessary that the site has a strong foundation to chuck the competition away. It is mandatory to use mind-blowing technologies to make the website a hit in the market. This is a great idea to develop a proper set of features that processes want to include on the site. It is necessary for streamlining the development process. By shifting the focus on the features you can guarantee better user retention on the site when compared to the competitors. Not only that but knowing about features you want also decreases the cost of the development. Be prepared to purchase some of the third-party services, plugins, and other apps for developing the desired site with the features and functionalities that you want.

Custom Web Design

In order to design and develop the website in a way that it is visually impressive, it is necessary to invest in responsive and custom web designing. The total cost of designing the website varies from project to project. The cost is actually dependent on the following factors;

Type of the website that one wants to launch

Design that one wants to include

Feature and functionalities that are to be added

Type of technology one wants to develop the site on

In addition to all the above-mentioned factors, the cost also depends on the type of the site that could be e-commerce, real estate, SaaS business, restaurant, marketing agency, education, healthcare, and whatnot.

Content Management System

If you want to run the website in an efficient manner, it is necessary to have a content management system. This system will allow the owner to display the images, text, videos, and any other content present on the site. Having a content management system means that you would be able to save a lot of extra time during the development which results in the creating of a highly-efficient site. An assigned amount is required that depends on CMS. One needs to pay premium fees for it. If you want to avoid the expenditure then you can also make the most of WordPress, which is a famous content management system.

Custom Website Development Solution

It is extremely great to merge with a website and app development company in order to develop a customized site. Through this, you would be able to include, web designs, plugins, features that you want to add. So the development cost will depend on the amount of effort it requires, or on the time and energy it consumes. Resources required to build the website also play a major role in deciding the final cost.

Conclusion

These are the major factors that shape the cost of the website like Dubizzle. But these are not all. A lot more factors and technicalities shape its development. According to a team of App Developers in UAE, one needs to evaluate each and every factor before initiating the process.

So reach out to the Best Mobile Application Development Company in Dubai, UAE and initiate the process of development. If you want to know more about the cost that would be required then feel free to reach out to us. But until then stay tuned to this platform for more exciting updates revolving around technology.

PMAY Subsidy: How to Claim PMAY Home Loan Subsidy?

The Pradhan Mantri Awas Yojana (PMAY) has delivered a series of benefits for first-time homebuyers. A subsidy on your home loan interest is one of the highest benefits that PMAY extends to you. Claiming the PMAY subsidy on your home loan may be a simple foundation of your eligibility, just in case you apply for the Pradhan Mantri Awas Yojana as per your income and buy a home that fulfills the carpet area norms began through the scheme.

Eligibility Criteria for Pradhan Mantri Awas Yojana:
You must apply as an unmarried individual or a relative of a relative with your parents, spouse, and unmarried children to urge PMAY benefits and subsidies. aside from these fundamental eligibility requirements, you’ll also get to meet a couple of income requirements and other PMAY eligibility components to urge home loan subsidies.

The following are the eligibility requirements for the housing loan subsidy program:

You are not allowed to possess any pucca houses within the country.
The annual household income cannot exceed 18 lakh rupees.
You must not have previously received any aid through a government housing initiative.
A female family member’s name must get on the deed or property paper. Co-ownership with a female member is additionally permitted.
The system applies to all or any towns as of Census 2011, also as people who are notified since then.
Within 36 months after receiving the loan amount, the building, extension, or renovation of the property that a house loan has been obtained must be completed.
Already built houses don’t come under the coverage of the scheme.
What is the utmost PMAY Subsidy that you simply can Claim?
Under the Pradhan Mantri Awas Yojana, you’ll get a subsidy of up to Rs.2.67 lakh on your home loan. the quantity of subsidy you’re eligible for is decided by your income group and therefore the total carpet area of the house you buy. Here’s what you ought to remember.

If you fall under the EWS or LIG categories, you’ll get a 6.5 percent credit-linked subsidy on a home loan up to Rs.6 lakh. If you apply under the EWS category, the carpet area of the property you purchase should be 30 square meters, and if you apply under the LIG category, it should be 60 square meters.
A credit-linked subsidy of 4% on a home loan of up to Rs.9 lakh is out there under the MIG I category. If the house you purchase features a carpet area of 160 square meters, you’ll apply for this discount.
A credit-linked subsidy of three on a home loan of up to Rs.12 lakh is out there under the MIG II category. If the house you purchase features a carpet area of 200 square meters, you’ll apply for this discount.
The process to say PMAY Interest Subsidy Benefit
The following steps can assist you to acquire a home loan subsidy under the PMAY scheme:

Check your income threshold: If you’re thinking of applying for a PMAY subsidy on your house loan, you ought to first see if you meet the scheme’s income requirements (EWS, MIG, or LIG). The carpet area for your residential home against which you’d be eligible for the PMAY scheme is going to be determined by your income criterion. you’ll use an online housing loan EMI calculator to work out what proportion you’ll save on your house loan.
Fill out the PMAY application online: The PMAY application is often completed both online and offline. While offline application filing may be a time-consuming process, you’ll apply for pmay online by following the procedures outlined below.
Visit the PMAY website at https://pmaymis.gov.in for further information.
Select the category that you would like to use for the scheme under the ‘Citizen Assessment’ page.
To link your Aadhar Card to your application, fill out the shape below (This is mandatory)
You’ll be taken to the appliance form, where you’ll need to fill in your other personal information.
To save your PMAY application for future use, click on the ‘Save’ button.
What are the advantages of the CLSS Scheme?
The following are the benefits of the housing loan subsidy program:

The subsidized rate of interest on your home loans up to a specified level.
The subsidized amount is deposited directly into your account under the plan. As a result, both your outstanding principal and your EMI are decreased.
You can extend the term of your loan up to twenty years.
The amount of the loan has no upper limit. If the sum exceeds the indicated limits, interest is going to be charged at the lender’s normal rate.
You may be eligible for tax benefits as a result of the government’s home loan subsidy, as indicated within the tax Act of 1961.
Things to stay in mind about PMAY CLSS
Only residential loans are eligible for the PMAY CLSS subsidy.
The highest loan amount which will be wont to take advantage of this program is INR.6 lakhs.
A maximum subsidy of INR.2.67 lakhs is out there to the applicant.
To be eligible for this plan, the applicant must not own or be the owner of a “pucca” dwelling in his or her name or the name of a loved one.
If the applicant or any member of his family has previously taken advantage of an identical housing program offered by the Central or State governments, he or she is going to be ineligible for the PMAY-CLSS program.
It is critical to possess a female owner. If the applicant may be a man, he must enlist the assistance of a female loved one (wife, daughter, or mother) to become a co-owner of the property.

How Blockchain is a Distrupter to Conventional Notions of Currency

How Blockchain is a Disrupter to conventional notions of currency

What is Blockchain?

Blockchain is an undoubtedly smart invention. It is used to send the information from a sender to receiver in a completely secure and automated fashion. When a transaction is initiated, a block is created. This block is checked by the systems present in the network. After checking, the block is added to the chain, and it is saved throughout the network. This process leads to the creation of a unique record.

Three Main Components of Blockchain

Decentralization

Prior to the invention of Bitcoin and Blockchain, we were using centralized services. In centralized services, a centralized object will store the information, and we have to interact with that object to get the required information.

Banking system uses centralized services for their operations. The money is stored in the bank, and any customer should do the transaction through the bank.

The disadvantages of Centralized system

1) In a centralized system, data is stored in one place, so attackers or hackers can easily leak the information.

2) If any software update is going on in a centralized system, then the work of the entire system is stopped.

3) If any stoppage occurs in the centralized system, then nobody can access the information it has.

In a decentralized system, members who are present in the network will have the information. If an entity wants to interact with another entity, they can do that without the help of a third party.

2) Transparency

The most important element of Blockchain is transparency. Blockchain provides both transparency and privacy. With the help of cryptography, the true identity of the person is concealed, and the public addresses of the person are displayed.

With the help of public addresses, the actual identity of the person is secured, but you can see all the transactions happen. If you know the public address of any big company, then we can know all the transactions done by that company.

3) Immutability

In the blockchain environment, immutability is a process in which the data once entered cannot be erased. In Blockchain, this concept is implemented with the help of Cryptography Hash function.

Hashing is a procedure in which it takes the input of any length and gives an output of fixed length. Bitcoin uses SHA256(Secure Hash algorithm-256) and takes fixed output.

If any small change occurs in the given input, then the output is also changed. Applying SHA-256 becomes difficult when we are dealing with a large amount of data, so, instead of remembering the input data, we should remember the hash, and we should trace it.

Due to these features, Blockchain provides a new method and strategy to carry out the transactions. This makes users avoid the conventional method of transactions.

Business Applications of Blockchain

The Applications of Blockchain are as follows:

1) Smart contracts

The distributed ledger technology provides smart contracts coding, which executes once particular conditions are satisfied.

2) Sharing Economy

With the success of Uber, Airbnb companies sharing economy is proved. Sharing rides in uber is the perfect example of sharing economy.

3) CrowdFunding

Crowdfunding efforts like Gofoundme, Kickstarter are doing progressive work for developing a peer-based economy.

4) Governance

Blockchain makes the transactions transparent and completely available to the public. Distributed Database technology can make elections more transparent to the public.

5)Supply chain auditing

Consumers who use the products, want to know whether the quality asserts made by the companies are genuine or not. Distributed ledger technology helps the consumer to validate these asserts made by the company.

6) File storing

File storing is decentralized, and Decentralization of data makes data secure from the attackers and hackers. Interplanetary File system(IPFS) eases the conceptualization of web operations.

7) Prediction Markets

Predictions from Crowdsourcing is based on the event possible and proved to have high accuracy. In future, other applications cannot find a defect in the Blockchain.

8) Securing Intellectual Property

Digital Information is extensively distributed, replicated due to the usage of the internet. Due to this, writers can lose their copyrights. To avoid this problem, writers use smart contracts to protect their rights.

Conclusion

In this way, we can avoid the traditional methods for implementing transactions with the help of Blockchain. Transparency and Decentralization make the Blockchain the best technology for carrying out transactions.