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www.flourishingproperty.blogspot.in</a></b></p>B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.comBlogger237125tag:blogger.com,1999:blog-242968062355399325.post-3178374405707925872017-11-06T05:13:00.001-08:002017-11-06T05:13:25.954-08:00Is that the Real Time Air Quality Index monitoring at Delhi - Asks B S Vohra, Environmental Activist<div style="text-align: justify;">
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<b style="font-family: verdana, sans-serif;">It has been observed that the Real Time Ambient Air Quality data, being shown by DPCC, on its website has some Technical flaws. On the <span style="color: red;">Diwali night</span>, our Team was keeping an eye on the figures of Air Quality Index and the outcome at a specific time was very Shocking and as below: </b><br />
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<a href="https://3.bp.blogspot.com/-R4QbxZtB3Y0/WgACwwhWIiI/AAAAAAAAMe4/St4SRFbpNVUChikIpzqvbxv8hBxxrHDvACLcBGAs/s1600/image002.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="377" data-original-width="576" height="209" src="https://3.bp.blogspot.com/-R4QbxZtB3Y0/WgACwwhWIiI/AAAAAAAAMe4/St4SRFbpNVUChikIpzqvbxv8hBxxrHDvACLcBGAs/s320/image002.jpg" width="320" /></a></div>
<b style="font-family: verdana, sans-serif;"><br /></b></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3003" style="padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><br style="-webkit-padding-start: 0px;" /></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3006" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3007" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><span id="yui_3_16_0_ym19_1_1508493705836_3674" style="-webkit-padding-start: 0px;"><b>ITI Shahdara</b></span><b>, 23.20pm, PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3008" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3009" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3010" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3011" style="-webkit-padding-start: 0px; color: red;">NIL</span></span><o:p id="yui_3_16_0_ym19_1_1508493705836_3012" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3013" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3014" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3719" style="-webkit-padding-start: 0px;">Patparganj</span>, 23.20pm, PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3015" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3016" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3017" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3018" style="-webkit-padding-start: 0px; color: red;">NIL</span></span><o:p id="yui_3_16_0_ym19_1_1508493705836_3019" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3020" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3021" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span style="-webkit-padding-start: 0px;">Sriniwaspuri</span>, 23.20pm, PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3022" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3023" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3024" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3025" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3026" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3027" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3028" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3718" style="-webkit-padding-start: 0px;">Rohini</span>, 23.15pm, <span id="yui_3_16_0_ym19_1_1508493705836_3029" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3030" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3031" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3032" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3033" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3034" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3035" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3036" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3037" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span style="-webkit-padding-start: 0px;">R K Puram</span>, 23.20pm, <span id="yui_3_16_0_ym19_1_1508493705836_3038" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3039" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3040" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3041" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3042" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3043" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3044" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
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<span id="yui_3_16_0_ym19_1_1508493705836_3046" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3701" style="-webkit-padding-start: 0px;">Mandir Marg</span>, 23.20pm,<span id="yui_3_16_0_ym19_1_1508493705836_3047" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3048" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3049" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3050" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3051" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3052" style="-webkit-padding-start: 0px; color: red;">317<o:p id="yui_3_16_0_ym19_1_1508493705836_3053" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3054" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3055" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3716" style="-webkit-padding-start: 0px;">JLN Stadium</span>, 23.20pm,<span id="yui_3_16_0_ym19_1_1508493705836_3056" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3057" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3058" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3059" style="-webkit-padding-start: 0px; color: red;">985</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3060" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3061" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3062" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3063" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3064" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span style="-webkit-padding-start: 0px;">DITE Okhla</span>, 23.20pm,<span id="yui_3_16_0_ym19_1_1508493705836_3065" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3066" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3067" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3068" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3069" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3070" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3071" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3072" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3073" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span style="-webkit-padding-start: 0px;">Ashok Vihar</span>, 23.10pm,<span id="yui_3_16_0_ym19_1_1508493705836_3074" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3075" style="-webkit-padding-start: 0px; color: red;"> </span></span>PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3076" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3077" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3078" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3079" style="-webkit-padding-start: 0px; color: red;">NIL</span></span><o:p id="yui_3_16_0_ym19_1_1508493705836_3080" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3081" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3082" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3745" style="-webkit-padding-start: 0px;">DITE Wazirpur</span>, 23.20pm, PM10 <span id="yui_3_16_0_ym19_1_1508493705836_3083" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3084" style="-webkit-padding-start: 0px; color: red;">NIL</span></span>, PM2.5 <span id="yui_3_16_0_ym19_1_1508493705836_3085" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3086" style="-webkit-padding-start: 0px; color: red;">NIL<o:p id="yui_3_16_0_ym19_1_1508493705836_3087" style="-webkit-padding-start: 0px;"></o:p></span></span></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3088" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3089" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3753" style="-webkit-padding-start: 0px;">IGI Airport</span>: <span id="yui_3_16_0_ym19_1_1508493705836_3090" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3091" style="-webkit-padding-start: 0px; color: red;">No Data at all - page not in operation</span></span><o:p id="yui_3_16_0_ym19_1_1508493705836_3092" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3093" style="padding: 0px;">
<span id="yui_3_16_0_ym19_1_1508493705836_3094" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span style="-webkit-padding-start: 0px;">Civil Lines</span>: </b><span id="yui_3_16_0_ym19_1_1508493705836_3095" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1508493705836_3096" style="color: red;"><b>No Data at all - page not in operation<o:p id="yui_3_16_0_ym19_1_1508493705836_3097" style="-webkit-padding-start: 0px;"></o:p></b></span></span></span></div>
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<span style="line-height: 21.4667px;"><span style="-webkit-padding-start: 0px;"><span style="color: red; font-family: "verdana" , sans-serif;"><br style="-webkit-padding-start: 0px;" /></span></span></span></div>
<div id="yui_3_16_0_ym19_1_1508493705836_3098" style="padding: 0px; text-align: justify;">
<span id="yui_3_16_0_ym19_1_1508493705836_3099" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><span id="yui_3_16_0_ym19_1_1508493705836_3794" style="-webkit-padding-start: 0px; font-size: large;">It clearly shows, that out of the 18 stations, at least 12 critical points as above, were not showing any data, at a critical juncture, on the <span style="color: red;">Diwali night</span>, when Hon’ble SC had ordered a ban on the crackers, to analyse the impact of the ban on the levels of Pollution in Delhi.</span><o:p id="yui_3_16_0_ym19_1_1508493705836_3100" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
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<span style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><br style="-webkit-padding-start: 0px;" /></b></span></div>
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<span style="font-family: "verdana" , sans-serif;"><b>DPCC must look into it very seriously & must take necessary steps to remove the technical problems if any, so that the clear figures could come out for making the serious policy decisions, in this most polluted city.</b></span></div>
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<span id="yui_3_16_0_ym19_1_1508493705836_3144" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b>B S Vohra<o:p id="yui_3_16_0_ym19_1_1508493705836_3145" style="-webkit-padding-start: 0px;"></o:p></b></span></div>
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<b style="color: red; font-family: verdana, sans-serif; text-align: start;">Environmental Activist, </b><b style="font-family: verdana, sans-serif;"> </b><br />
<b><span style="font-family: "verdana" , sans-serif; line-height: 21.4667px;">President, </span><span style="font-family: "verdana" , sans-serif;">East Delhi RWAs Joint Front - Federation</span></b></div>
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<span id="yui_3_16_0_ym19_1_1508493705836_4105" style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><a href="http://www.rwabhagidari.com/">www.RWABhagidari.com</a></b></span><br />
<span style="font-family: "verdana" , sans-serif; line-height: 21.4667px;"><b><a href="http://www.rwabhagidari.blogspot.in/">www.RWABhagidari.blogspot.in</a></b></span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com1tag:blogger.com,1999:blog-242968062355399325.post-64889588071588389762017-09-04T03:41:00.000-07:002017-09-04T03:41:46.190-07:00Affordable housing may help revive real estate<div style="background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0px 0px; background-repeat: repeat; background-size: initial; border: 0px none; box-sizing: border-box; color: #3e3e3e; font-family: "Droid Serif", sans-serif; font-size: 17px; line-height: 30px; outline: none 0px; padding: 0px 0px 20px; vertical-align: baseline;">
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<strong style="background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0px 0px; background-repeat: repeat; background-size: initial; border: 0px none; box-sizing: border-box; margin: 0px; outline: none 0px; padding: 0px; vertical-align: baseline;">By Pradeep Aggarwal</strong></div>
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The moment GST got rolled out in India, the real estate sector was in a state of dilemma regarding how to go about the new taxation system and what will be the new rate. However, ever since the rate of 18 per cent got declared for this sector, where effective rate was 12 per cent (after 33 per cent of abatement), a question playing on everyone’s mind was – why is the same rate applicable to the affordable housing segment as well?</div>
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<img alt=" Affordable housing, revive, real estate, housing for all by 2022, rera, GST" src="http://images.financialexpress.com/2017/09/realestate-1.jpg" height="266" width="400" /></div>
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In the last Union Budget, affordable housing got accorded with infrastructure status, thus signalling a strong government support for the same. After GST’s implementation, hopes were high that either this segment would be kept out of its ambit or the lowest bracket of tax would be made applicable to it. The only respite that came for developers was the slashing of GST rates for construction works being handed out to independent contractors, in case the developers are not developing the projects themselves. The rate at which the contractors would now charge GST for their work has been reduced to 6%, which will help in marginally bringing down construction costs.</div>
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A lower tax net was needed in order to reduce the burden on developers and thereby assisting the customers with lesser tax liability. Furthermore, with the anti-profiteering clause in GST, developers will have to abide by the rule to pass on the benefit of input tax credit to the respective customers. Thus, it is a win-win situation for both developers and customers, that will gradually help expand the demand for affordable housing.</div>
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With a housing shortage of over 2 crore units for the urban poor in India and demand for low-cost housing increasing, a simplified and transparent real estate sector had become the need of the hour where RERA has promised to answer the queries and come out with solutions to the customers. Affordable housing will succeed in following the concepts and rules of RERA which will secure the future interests of every buyer. With affordable housing being a brainchild of the Central Government aimed towards fulfilling the mission of Housing for All by 2022 and RERA striking at the correct time, a different parcel of real estate sector will become prominent in the near future.</div>
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with thanks : Financial Express : <a href="http://www.financialexpress.com/money/affordable-housing-may-help-revive-real-estate/840469/">LINK</a> : for more details.</div>
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B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com1tag:blogger.com,1999:blog-242968062355399325.post-73026328461816572052017-09-04T03:39:00.002-07:002017-09-04T03:39:35.461-07:00STRONGER FOUNDATION FOR REAL ESTATE<div style="background-color: white; border: none; font-family: Lato, sans-serif; font-size: 14px; margin-bottom: 10px; outline: none; padding: 0px; text-align: justify;">
<strong style="border: none; margin: 0px; outline: none; padding: 0px;">Prime Minister Narendra Modi is not called a risk taker for nothing. Apart from the game changing demonetisation and GST, one sector that has undergone a radical transformation is real estate</strong></div>
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Prime Minister <a href="http://www.dailypioneer.com/top-stories/modi-describes-indias-ties-with-israel-as-special.html" style="border: none; color: #3c5ba5; margin: 0px; outline: none; padding: 0px; text-decoration-line: none;">Narendra Modi</a> is not called a risk taker for nothing. Apart from the game changing demonetisation and a slew of other moves which have unearthed more than Rs 1.25 lakh crore of black money, and still counting, if there is one sector that has undergone a radical transformation, it is real estate.</div>
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A recent Confederation of Real Estate Developers’ Associations of India (Credai)-Cbre report highlighted how the Real Estate (Regulation and Development) Act (RERA), the Goods and Services Tax (GST) and the<a href="http://www.dailypioneer.com/columnists/edit/real-estate-a-challenge-for-effective-governance.html" style="border: none; color: #3c5ba5; margin: 0px; outline: none; padding: 0px; text-decoration-line: none;">Real Estate</a> Investment Trusts (REITs), will enhance transparency; improve investor sentiment; increase the share of organised sector; regulate unorganised sector; encourage competition and consumer confidence; improve ease of doing business; enhance operating fabric; make affordable housing the growth catalyst in the real estate segment; and last but not the least, give impetus to the Pradhan Mantri Awas Yojana which envisages housing for all by 2022 against the backdrop of a shortage of 20 million affordable homes in urban India alone.</div>
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The current BJP-led NDA Government’s commitment is reflected in the smart cities mission which is worth one lakh crore rupees; the Rs 77,000-crore Atal Mission for Rejuvenation; and the urban transformation scheme that provides basic ammenities like water supply, sewerage, transport to households and various other measures like the creation of the Rs 4,000 crore National Investment and Infrastructure Fund.</div>
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The real estate market, hitherto marked by opacity and unscrupulous players, is set for transformation for the better, given the regulatory overhaul by the Modi Government. It is estimated that seven billion dollar, or maybe more, from offshore equity investors, large corporates and High Net Worth Individuals, are slated to enter the real estate space this year after $5.7 billion by way of Foreign Direct Investment and $32 billion via private equity funding in 2016.</div>
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Speaking of affordable housing, enabling policy initiatives like 100 per cent service tax exemption to affordable housing and according it ‘infrastructure status’, increase in abatement period from three to five years, hiked exemption limit on interest outgo on home loans, Credit Linked Subsidy Scheme under Pradhan Mantri Awaas Yojana, linking home loans to Marginal Cost of Lending Rate to ensure effective monetary transmission of interest rate cuts by banks, Benami Property Act, higher budgetary allocation for rural housing from Rs 15,000 crore to Rs 23,000 crore in 2017-18, allocation of Rs 29,000 crore under the Pradhan Mantri Gramin Awaas Yojna, will go a long way in ensuring the initial target of 10 million homes by 2019. Such initiatives will ensure a ‘living’ reality for a large swathe of India’s 1.3 billion population.</div>
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Coming to GST in the real estate sector, what is commendable is that the GST has brought all indirect taxes (service tax, excise duty and value added tax), which applies to procurement of goods and services during the construction stage, under one unified tax. This has lead to a scenario where what remains is only direct taxes like capital gains tax, wealth tax and, of course, stamp duty.</div>
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Considering that almost 70 per cent of the real estate market caters to the middle and high income segments, the GST should help shift focus, particularly for smaller developers, towards the Economically Weaker Sections and Lower Income Groups of the society.</div>
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Also, the biggest hurdle for developers has been removed by allowing deduction of land value equal to one-third of the total amount charged by developers, thereby ensuring that the developer passes on the input tax benefit to the buyers. </div>
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with thanks : Pioneer : <a href="http://www.dailypioneer.com/columnists/oped/stronger-foundation-for-real-estate.html">LINK</a> : for more details</div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-29510837283216746952017-09-04T03:38:00.001-07:002017-09-04T03:38:35.663-07:00Real estate companies in churn mode after GST & Rera<div style="text-align: justify;">
<span style="background-color: white;"><span style="font-family: Verdana, sans-serif;">The real estate sector is slowly catching up after being affected by the goods and services tax (GST) and Real Estate Regulation And Development Act (Rera). It has, however, seen a lot of churning among senior management roles, especially in finance roles. At least half a dozen senior executives, including chief executive officers (CEOs) and chief finance officers (CFOs), have quit and joined rivals or started as independent professionals in the last couple of weeks. “After the GST and Rera, finance, compliance and legal roles have become very critical and are in </span></span><span style="background-color: white; font-family: "Open Sans", sans-serif; font-size: 15px;">...</span></div>
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<span style="background-color: white; font-family: "Open Sans", sans-serif; font-size: 15px;">with thanks : Business Standard : <a href="http://www.business-standard.com/article/companies/real-estate-companies-in-churn-mode-after-gst-rera-117090400027_1.html">LINK</a> : for more details</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com1tag:blogger.com,1999:blog-242968062355399325.post-85360462482307212652017-09-04T03:37:00.001-07:002017-09-04T03:41:59.019-07:00Sentiment in real estate is positive for the medium- to long-term period<div class="question" style="font-family: Georgia, serif; font-size: 18px; margin-bottom: 20px; padding: 0px; text-align: justify;" xmlns:fn="http://www.w3.org/2005/xpath-functions">
In a Facebook Live discussion with Mint, Smantak Das discussed the sentiment of stakeholders—homebuyers, investors and developers—in the residential real estate market. Edited excerpts:</div>
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<img alt="Smantak Das, chief economist and national director, Knight Frank India" src="http://www.livemint.com/rf/Image-621x414/LiveMint/Period2/2017/09/04/Photos/Processed/Samantak%20Das-kCb--621x414@LiveMint.jpg" height="266" width="400" /></div>
<div class="question" style="font-family: Georgia, serif; font-size: 18px; margin-bottom: 20px; padding: 0px; text-align: justify;">
<b>How do you observe the current residential real estate market? Where is it heading?</b></div>
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I think the real estate sector in India has gone through the most important reforms in the last 6 months to 1 year and these reforms are phenomenal in my opinion. These reforms are going to give medium- to long-term benefit to the sector. If you go by sentiments on the supply side—the financial institutions and developers—definitely they are more into aligning themselves in the new era of real estate. Customers are still in the wait-and-watch mode and they are definitely watching more from the angle of confidence and the angle of transparency. That’s exactly what the customers are looking forward to because of these reforms. But for the developers, this is recalibration of the business model because it’s a new era for them. In my opinion, this is a new paradigm for the real estate sector. So sentiments are slightly confused. Definitely both the consumers and developers have a very positive medium- to long-term outlook. But currently, it is slightly in a state of confusion.</div>
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<b>What do you mean by a positive outlook in medium- and long-term?</b></div>
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For the developers, the positive outlook will be to increase the sales volume because, as you know—for example in National Capital Region (NCR) and Mumbai Metropolitan Region (MMR)—the sales volume have come down drastically, by 50% to 70% from the last peaks of 2010 and 2011.</div>
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I’m sure that they are not looking at any price escalation. Of course, there will be some normal price escalation that is definitely warranted. But they are not looking for a sudden jump in price as it used to happen 3 or 4 years back.</div>
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From the customers’ side, there are more of confidence issues because they have to get the product that they invested for. They have to get the product on time and should get all the amenities that were promised. I think, that is the major problem from the demand side, i.e., the consumer side. From the consumer side, the expectation is that the residential sector should be much more transparent, they should have good recourse to any failures of commitment.</div>
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<b>Though home loan rates have come down about 2% in the last couple of years and property rates are either stable or have came down a bit; demand from homebuyers is not increasing? Why is it so?</b></div>
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That is exactly the scenario today. If you talk of the macroeconomic scenario, it is more or less stable and good. That’s what we have analysed.</div>
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If you talk of real estate prices, either in some locations there is a decline in prices or mostly there is stagnation. That means, time correction has taken place if you look at inflation-adjusted prices. Then, interest rate has touched 8.3% to 8.4%, which is like 2009-10 levels, when we had 8% or 8.25% on home loans.</div>
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So what is it that is deterring, or not allowing, customers to come off the waiting bench and sign the dotted lines? I think the confidence in developer, to deliver the product that they want is not there. Reforms have taken place in the residential sector in India and we will very soon get back the confidence of the buyers.</div>
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<b>Do you think there is a mismatch between demand and supply in real estate?</b></div>
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I don’t think there is much of mismatch now. Back in 2008, just after the financial crisis, affordable housing was just a name. There was no real steam in it. Now we are getting full support of the government—and the government has a focus on affordable housing. For instance, giving it the infrastructure status and the Pradhan Mantri Awas Yojana.</div>
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So, there is not much mismatch now because even in cities like Mumbai we are seeing some good launches of relatively affordable houses. Of course, in other places also there will be a lot of initiatives in this type of affordable housing, which is good because previously there was a major mismatch (between what the sellers offered and the buyers wanted). Now that gap is slowly reducing because of this affordable housing initiative by the government and the focus from developers.</div>
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Yes, the mismatch is still there probably in the confidence, in the timeline of completion; that we have to still wait and watch because RERA (Real Estate (Regulation and Development) Act, 2016) is in place in most of the states and probably that will bring a match. So two things: price mismatch (which in my opinion is now coming to a convergence) and the mismatch towards the confidence (the time of delivery) should get mitigated in the medium to long term.</div>
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<b>As per reports, to make houses more affordable in cities like Mumbai, developers are reducing the size of flats. Is this the right approach?</b></div>
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The approach is very simple. Given that the per square feet prices are difficult to reduce—15-25% reduction is sometimes very difficult because you have to understand that the developers are also many a times price takers. They too face the price impact of input factor like labour, steel and cement; which are definitely not coming down. Plus the land prices. Taking into account all these factors, I think the developers have started—in certain parts of Bangalore and Mumbai —reducing the size of flats. But trust me, I’ve seen that they are not pigeon holes. These are very compact houses. Good for a small family and in my opinion, as far as our survey goes, there is good reaction to these types of launches.</div>
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So we have to still wait and watch to see how the demand side is reacting to these compact houses. My opinion is that it is not as bad as we had thought it would be, because even in places like Bangalore—where you generally have bigger houses, projects with slightly smaller houses are selling because the ticket sizes are affordable. In Mumbai too, projects with smaller house sizes are not doing too bad.</div>
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<b>Is there a possibility of further correction in prices or is it going to stay stable for some time?</b></div>
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We have analysed most of the cities and we have seen that for the last 3 years, if you see the consumer price index (CPI)—that is the retail inflation growth—I think in most of the cities your house prices has increased less than that, even in a city like Mumbai. So I would not say that there would be a price correction as such, because time correction has already happened and prices have been stagnant for the last 3 to 4 years.</div>
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So what I would say is that the type of upsides that we used to see in real estate investment, like price doubling in 3 or 4 years, those things are all history now. Because you have to understand that the real estate as an investment avenue will compete with other investment avenues.</div>
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So I don’t think I will see in the next 5 to 10 years that prices are doubling in 3 or 4 years, which was a very normal norm in real estate—at least that’s what we saw in 2008-09, and even in 2011.</div>
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We saw a lot of price appreciation, but then again it has stagnated. So that scenario is gone, that’s history now. The upside in price of real estate will be very normal upside, which has to now compete with other investment options.</div>
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with thanks : MINT : <a href="http://www.livemint.com/Money/mu8HYguLxmDLysKcS6x06I/Sentiment-in-real-estate-is-positive-for-the-medium-to-long.html">LINK</a></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-40924705903519704422017-06-30T08:07:00.000-07:002017-06-30T08:07:27.329-07:00GST : List of items in the 28% slab<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" content="List of items in 28% slab of Goods and Services Tax (GST):" data-reactid="42" style="background-color: white; color: #26282a; font-family: "helvetica neue", helvetica, arial, sans-serif; font-size: 1.2em; line-height: 1.2em; margin: 0.5em 0px 1em;" type="text">
List of items in 28% slab of Goods and Services Tax (GST):</h3>
<ul class="canvas-list List(d)" data-reactid="43" data-type="list" style="background-color: white; color: #26282a; font-family: "helvetica neue", helvetica, arial, sans-serif; margin: 0px 0px 1.5em; padding-left: 20px;">
<li data-reactid="44"><span style="font-size: large;">Sugar and sugar confectionery</span></li>
<li data-reactid="45"><span style="font-size: large;">Cocoa and cocoa preparations</span></li>
<li data-reactid="46"><span style="font-size: large;">Preparations of cereals, flour, starch or milk; pastrycooks’ products</span></li>
<li data-reactid="47"><span style="font-size: large;">Miscellaneous edible preparations</span></li>
<li data-reactid="48"><span style="font-size: large;">Pan masala</span></li>
<li data-reactid="49"><span style="font-size: large;">Beverages, spirit and vinegar</span></li>
<li data-reactid="50"><span style="font-size: large;">Tobacco and manufactured tobacco substitutes</span></li>
<li data-reactid="51"><span style="font-size: large;">Salt; sulphur; earths and stone; plastering materials, lime and cement</span></li>
<li data-reactid="52"><span style="font-size: large;">Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes</span></li>
<li data-reactid="53"><span style="font-size: large;">Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks.</span></li>
<li data-reactid="54"><span style="font-size: large;">Essential oils and resinoids, perfumery, cosmetic or toilet preparations</span></li>
<li data-reactid="55"><span style="font-size: large;">Soap, organic surface-active agents, washing preparations, lubricating preparations</span></li>
<li data-reactid="56"><span style="font-size: large;">Artificial waxes, prepared waxes, polishing or scouring preparations</span></li>
<li data-reactid="57"><span style="font-size: large;">Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations</span></li>
<li data-reactid="58"><span style="font-size: large;">Chemical products</span></li>
<li data-reactid="59"><span style="font-size: large;">Plastics and articles thereof</span></li>
<li data-reactid="60"><span style="font-size: large;">Rubber and articles thereof</span></li>
<li data-reactid="61"><span style="font-size: large;">Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut)</span></li>
<li data-reactid="62"><span style="font-size: large;">Furskin and artificial fur</span></li>
<li data-reactid="63"><span style="font-size: large;">Wood and articles of wood, wood charcoal</span></li>
<li data-reactid="64"><span style="font-size: large;">Paper and paperboard; articles of paper pulp, of paper or of paperboard</span></li>
<li data-reactid="65"><span style="font-size: large;">Headgear and parts thereof</span></li>
<li data-reactid="66"><span style="font-size: large;">Prepared feathers and down and articles made of feather or of down – artificial flowers; articles of human hair</span></li>
<li data-reactid="67"><span style="font-size: large;">Articles of stone, plaster, cement, asbestos, mica or similar material</span></li>
<li data-reactid="68"><span style="font-size: large;">Ceramic products</span></li>
<li data-reactid="69"><span style="font-size: large;">Glass and glassware</span></li>
<li data-reactid="70"><span style="font-size: large;">Articles of iron or steel</span></li>
<li data-reactid="71"><span style="font-size: large;">Copper and articles thereof</span></li>
<li data-reactid="72"><span style="font-size: large;">Aluminium and articles thereof</span></li>
<li data-reactid="73"><span style="font-size: large;">Tools, implements, cutlery, spoons and forks of base metal; parts thereof of base metal</span></li>
<li data-reactid="74"><span style="font-size: large;">Miscellaneous articles of base metal</span></li>
<li data-reactid="75"><span style="font-size: large;">Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof</span></li>
<li data-reactid="76"><span style="font-size: large;">Electrical machinery and equipment and parts thereof; sound recorders and re-producers, television image and sound recorders and reproducers, and parts and accessories of such articles</span></li>
<li data-reactid="77"><span style="font-size: large;">Vehicles other than railway or tramway rollingstocks, and parts and accessories thereof</span></li>
<li data-reactid="78"><span style="font-size: large;">Aircraft; spacecraft and parts thereof</span></li>
<li data-reactid="79"><span style="font-size: large;">Ships, boats and floating structures</span></li>
<li data-reactid="80"><span style="font-size: large;">Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof</span></li>
<li data-reactid="81"><span style="font-size: large;">Clocks and watches and parts thereof</span></li>
<li data-reactid="82"><span style="font-size: large;">Musical instruments; parts and accessories of such articles</span></li>
<li data-reactid="83"><span style="font-size: large;">Arms and ammunition; parts and accessories</span></li>
<li data-reactid="84"><span style="font-size: large;">Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings</span></li>
<li data-reactid="85"><span style="font-size: large;">Toys, games and sports requisites; parts and accessories thereof</span></li>
<li data-reactid="86"><span style="font-size: large;">Miscellaneous manufactured articles</span></li>
<li data-reactid="87"><span style="font-size: large;">Project imports, laboratory chemicals, passengers’ baggage, personal importation, ship stores.</span></li>
</ul>
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<span style="color: #26282a; font-family: "helvetica neue" , "helvetica" , "arial" , sans-serif; font-size: large;">with thanks : India.com :<a href="https://in.finance.yahoo.com/news/gst-roll-full-list-items-073922723.html"> LINK</a> : for detailed news</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-64331884084567090572017-06-30T08:05:00.003-07:002017-06-30T08:05:42.432-07:00GST : List of items in the 18% slab<div style="box-sizing: border-box; font-family: "open sans", arial, helvetica, sans-serif; line-height: 26px; outline: 0px; padding: 0px 0px 10px; word-wrap: break-word;">
<span style="box-sizing: border-box; font-size: large; font-weight: 700;">List of items in the 18% slab</span></div>
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<span style="font-size: large;">The list of items in the 18% slab will be divided into two sections. The first section is the goods section and will name the various items that will be in this slab. However, the second section shall include the names of the various services that will be affected and has been put in the 18% slab.</span></div>
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<span style="box-sizing: border-box; font-size: large; font-weight: 700;">Goods</span></div>
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<span style="font-size: large;">The products under the 18% slab are:</span></div>
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<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Trademark</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Bidi Patta</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Goodwill</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Software</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Biscuits (all categories)</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">flavoured refined sugar</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">pasta</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">pastries and cakes</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">preserved vegetables</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">jams and sauces</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">soups</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">ice cream</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">instant food mixes</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">mineral water</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">tissues</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">envelopes</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">tampons</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">notebooks</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">steel products</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">printed circuits</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">camera</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">speakers and monitors</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Kajal pencil sticks</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Headgear and parts thereof,</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Aluminium foil,</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Weighing Machinery [other than electric or electronic weighing machinery],</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Printers [other than multifunction printers],</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Electrical Transformer,</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">CCTV,</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Optical Fiber,</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Bamboo furniture</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Swimming pools and padding pools</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Curry paste;</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">mayonnaise</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">salad dressings;</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">mixed condiments and</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">mixed seasonings</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">Footwear costing more than RS. 500</span></li>
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<span style="font-size: large;">Now coming to the Services part, the top service to be taxed in accordance with the 18 percent slab are:</span></div>
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<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">AC hotels that serve alcohol</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">telecom services</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">IT services</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">branded garments</span></li>
<li style="box-sizing: border-box; line-height: 26px; list-style: disc; margin: 0px; outline: 0px; padding: 0px; word-wrap: break-word;"><span style="font-size: large;">financial services</span></li>
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<span style="font-size: large;">Notably, Rooms with tariff between Rs 2,500 and Rs 7,500 will attract 18 percent of GST, while restaurants in Five-star hotels will also be charged according to the 18 percent slab.</span></div>
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<span style="font-size: large;">with thanks : India.com : <a href="http://www.india.com/news/india/gst-roll-out-full-list-of-items-in-18-tax-slab-2282124/">LINK</a> : for detailed news</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-64157071017813969162017-06-04T07:04:00.002-07:002017-06-04T07:04:45.654-07:00GST would match or be lower than the multiple indirect taxes on real estate<div class="question" style="margin-bottom: 15px; outline: 0px; padding: 0px; text-align: justify;" xmlns:fn="http://www.w3.org/2005/xpath-functions">
<img alt="Priyanka Parashar/Mint" height="266" src="http://www.livemint.com/rf/Image-621x414/LiveMint/Period2/2017/05/29/Photos/Processed/rajeevtalwar2-kvdG--621x414@LiveMint.jpg" width="400" /></div>
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<span style="font-family: Verdana, sans-serif;">Goods and Services Tax (GST) is set to get implemented from 1 July 2017. There are different GST rates prescribed for various goods and services, which may impact their cost. A homebuyer will have to pay GST at the rate of 12% to buy a home. We talked to <b style="outline: 0px;">Rajeev Talwar, chief executive officer, DLF Ltd and chairman, National Real Estate Development Council (Naredco)</b>, about how GST will impact home prices. Along with GST, we also discussed the implementation of Real Estate (Regulation and Development) Act, 2016 (RERA), and more. Edited excerpts:</span></div>
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<b style="outline: 0px;"><span style="font-family: Verdana, sans-serif;">How will GST impact home prices?</span></b></div>
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<span style="font-family: Verdana, sans-serif;">Real estate sector was heavily taxed and we welcome a single stable 12% GST rate, inclusive of the value of land and with full Input Tax Credits. We are of the view that the actual tax impact under GST would match or would be lower than the existing multiple indirect taxes on the sector. There are a few things where we are still awaiting clarity like whether affordable housing will remain out of the ambit of GST or not, as is the case at present for implication of service tax, or whether there will be any abatement for homebuyers.</span></div>
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<b style="outline: 0px;"><span style="font-family: Verdana, sans-serif;">If not home prices, will it impact the profit margins of developers?</span></b></div>
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<span style="font-family: Verdana, sans-serif;">About margins, again it will be too early to say. But yes, margins will get impacted because when the tax is lower, prices should come down. Maybe some margins do get impacted and maybe in some areas they will remain unchanged. It may impact different segments differently, like affordable or luxury segments, because you have to pay a higher tax on higher-costing products. So maybe in case of luxury housing segment, there could be some impact on margins. But then when you say luxury or the premium segment, then the premium there also exists to take care of it. So, I think, hopefully it will allow a fair play of market forces.</span></div>
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<b style="outline: 0px;"><span style="font-family: Verdana, sans-serif;">GST is scheduled to get implemented from 1 July. At the same time RERA requires all the ongoing projects to get registered before 31 July. How are real estate developers managing these two big reforms? Do you think a 3-month window to get the ongoing projects registered is less?</span></b></div>
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<span style="font-family: Verdana, sans-serif;">No, we don’t think so. We were preparing for all such statutory requirements for long. Besides that, there is enough computerization in India. There are enough digital initiatives. I am sure that the earlier the Act gets implemented the better it will be. It will give time for people to get accustomed to the new ways of working or to the new regime, whether it is in real estate or taxation. I am sure this will not pose a problem.</span></div>
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<span style="font-family: Verdana, sans-serif;">with thanks : LIVE MINT : <a href="http://www.livemint.com/Money/Nm4NokEVPIDAMxvOdDcJDP/GST-would-match-or-be-lower-than-the-multiple-indirect-taxes.html">LINK</a> ; for detailed news.</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-47622800555765283312017-06-04T07:02:00.000-07:002017-06-04T07:02:14.753-07:00GST- A positive development for Real Estate<br />
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<em style="background-color: white; color: #282828; font-family: Verdana, sans-serif; margin: 0px; padding: 0px;"><span style="font-weight: 700; margin: 0px; padding: 0px;"><img alt="GST- A positive development for Real Estate" src="http://img-d02.moneycontrol.co.in/news_image_files/2014/356x200/g/GST_0557_356.jpg" /></span></em></div>
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<em style="background-color: white; color: #282828; font-family: Verdana, sans-serif; margin: 0px; padding: 0px;"><span style="font-weight: 700; margin: 0px; padding: 0px;">Mahesh Jaising / Prashanth Bhat</span></em></div>
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Real estate industry in India in the recent past has seen a phenomenal growth, not just in the Tier 1 cities, but even Tier 2 and Tier 3 cities and towns. The industry is in the cusp of increased regulations, with bills such as the Real Estate (Regulation and Development) Bill, pending for approval in the side lines. GST is another development that will have a significant impact on this sector.</div>
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Even though construction services has been taxable under VAT and service tax for a decade or so, the industry is still plagued with uncertainty on key basic issues that remains unsolved leading to intense litigation, especially on issues like transfer of development rights in land, taxability of joint development agreements, taxable value for goods and services, etc. While it is expected that immovable property transaction, ie, transfer by way of sale of immovable property after completion, would continue to be outside the purview of GST and be liable only to applicable stamp duties, the proposed shift to the GST regime is expected to usher in the wings of change and wipe the slate clean in a bid for a fresh start on the indirect taxation of all other real estate transactions. However, the foremost thought in everyone’s mind is whether GST is indeed the solution to an industry riddled with complex structures and issues. </div>
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Today, this industry has two primary levies, Service tax and VAT, with overlap of tax base and constant disputes on the rate of tax, given the multiple options available for discharge of taxes across States. This has resulted in diverse practices being followed by developers, across geographies and even within each State. These issues should be put to rest under the GST regime and the practices and positions should be common across India. Hence, the taxes paid by a home buyers across States should more or less be the same. </div>
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Presently, home buyers pay service tax and VAT on purchase of residential units when booked prior to their completion. There are also various elements of non-creditable tax costs, like excise duty, customs duty, CST, entry tax, etc paid by the developer on his procurement side, which is inbuilt into the pricing of the units. All these tax costs add upto anywhere between 22%-25% of the price of the units. The proposed GST should replace these multiple taxes with a single tax and should also ensure smooth flow of credits through the chain. Hence, it is widely expected that GST should reduce the construction cost in the hands of the developer and thereby aid in reducing or atleast maintaining the current level of prices in the real estate sector. The only dampner could however be high GST rates (like the 27% GST rate that is doing the rounds) which will offset any possible gains on incremental credits. Stamp duty is not proposed to be subsumed under GST and hence will continue as it is today. </div>
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with thanks : Money Control : <a href="http://www.moneycontrol.com/news/business/personal-finance-business/gsta-positive-development-for-real-estate-1485619.html">LINK</a> : for detailed news</div>
</span></span>B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-36639193078014612452017-06-04T06:04:00.000-07:002017-06-04T06:04:01.314-07:00GST: How it will impact the real estate sector<div style="background-color: white; box-sizing: border-box; color: #282828; font-family: Roboto, sans-serif; font-size: 18px; line-height: 32px; margin-bottom: 20px; text-align: justify;">
<img alt="GST: How it will impact the real estate sector" height="228" src="http://ste.india.com/sites/default/files/2016/08/03/515843-realty777.jpg" width="400" /></div>
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New Delhi: Implementation of the GST law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.</div>
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"The enactment of this law will single-handedly solve many of the challenges faced by the real estate sector and help in pulling the sluggish sector out of its long slumber. Heavy taxes that are being paid currently by the developers will automatically go down by a considerable percentage," realtors' body NAREDCO President Parveen Jain said.</div>
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with thanks : Zee News : <a href="http://zeenews.india.com/business/realestate/latest-news/gst-how-it-will-impact-the-real-estate-sector_1914819.html">LINK</a></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-69843397286021406002017-05-03T01:23:00.005-07:002017-05-03T01:23:59.858-07:00India property developers on notice: Clean up act or go to jail<div style="text-align: justify;">
<span style="background-color: white; font-family: Verdana, sans-serif;">Under laws that came into force Monday, developers have to use at least 70 percent of sale proceeds to complete residential projects, rather than funnel money to other jobs, and will no longer be allowed to start pre-selling apartments before all building approvals are obtained. Developers who don't comply with the new laws face up to three years in jail. </span></div>
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<span style="background-color: white; font-family: Verdana, sans-serif;">The moves are aimed at cleaning up an industry where more than 30 percent of housing projects run at least a year over schedule, and developers are known for corner-cutting tactics such as starting work before all approvals are granted and using sub-standard materials. Developers accused of wrongdoing have seen their shares tumble, even as the main property index has surged this year. </span></div>
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<span style="font-family: Verdana, sans-serif;">With thanks : Economic Times : <a href="http://economictimes.indiatimes.com/wealth/real-estate/india-property-developers-on-notice-clean-up-act-or-go-to-jail/articleshow/58489724.cms">LINK</a> : for detailed news.</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-90395159268367018412017-05-03T01:19:00.002-07:002017-05-03T01:19:44.990-07:00RERA: 5 Things You Should Know About India's New Property Rules To Protect Home Buyers<div style="background-color: white; border: 0px; box-sizing: inherit; color: #333333; font-family: NotoNashkArabic, 'Helvetica Neue', Helvetica, Roboto, Arial, sans-serif; line-height: 27px; list-style: none; margin-bottom: 20px; padding: 0px;">
In a relief for home buyers, India has enacted new laws that govern the country's sprawling and overcrowded real estate market with harsh penalties against erring home builders.</div>
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Here are 5 things you should know about the new rules.</div>
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<span style="font-size: small;">State-level legislation</span></h3>
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While the main real estate act is centralised, individual states will have to ratify their own rules, and will have their own regulatory authorities. However, so far, only 13 states have notified their respective laws to the centre.</div>
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Both new building projects and ongoing projects will be subject to the laws, with the exception of certain projects that have already been completed.</div>
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<span style="font-size: small;">Tighter screening of home builders</span></h3>
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Home builders including those who have ongoing construction are required to register with their local state regulatory authorities in the next three months, and provide regular updates on the status of the building projects on the regulators' websites.</div>
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Builders will be required to deposit 70 per cent of the money they collect from prospective home buyers into an escrow account that will only be used for construction purposes. They will also need to disclose details of exactly when the property will be completed, and how much money they have already collected.</div>
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In addition, any new advertising of unsold property for ongoing projects or any major structural changes will need approval from two-thirds of existing occupants or home owners.</div>
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<span style="font-size: small;">No more early bird deals</span></h3>
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Home builders can now only advertise property and homes once they have received all the regulatory approvals.</div>
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In addition, builders will also have to enter a registered sale agreement if they collect more than 10 per cent of the home value at the time of booking the project.</div>
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<span style="font-size: small;">Penalties for delayed projects</span></h3>
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If a builder has delayed a housing project they will now have to either refund the entire amount they have charged, or pay interest on it until the home is delivered to the buyer.</div>
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Defaulters will be subject to an interest rate of two percentage points higher than that being offered by the State Bank of India, on the amount already paid.</div>
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Home builders that violate the new laws could be imprisoned for up to three years.</div>
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<span style="font-size: small;">Real estate disputes</span></h3>
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In case of disputes, instead of going to civil courts, home buyers can now take their complaints in connection to their property projects to special real estate courts that will be set up in each state. This is aimed at speeding up the current redressal process.</div>
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with thanks : huffington post :<a href="http://www.huffingtonpost.in/2017/05/02/rera-5-things-you-should-know-about-indias-new-property-rules_a_22064998/"> LINK</a> : for detailed news report</div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-30986529371116106382017-05-03T01:05:00.000-07:002017-05-03T01:05:05.934-07:00Go after owners of benami property, PM tells officials<span style="font-family: Verdana, sans-serif;"><span style="color: #363636; line-height: 20px; text-align: justify;">Prime Minister Narendra Modi on Tuesday reviewed the government’s initiatives against black money and directed revenue officials to speed up action against benami property holders.</span><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><span style="color: #363636; line-height: 20px; text-align: justify;">At a three-hour meeting two days after the deadline for deposits under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) ended, he discussed further steps against tax evaders. The authorities plan stringent action against tax evaders, given the dismal collection under the second round of PMGKY.</span><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><span style="color: #363636; line-height: 20px; text-align: justify;">The government has collected just Rs 2,300 crore by way of tax, penalty and surcharge under the second tax compliance window launched after the November 2016 demonetisation. Official sources said Modi wanted quick implementation of e-assessment to minimise human interference. He told officials to find ways to widen the tax base by bringing more people under the tax net.</span><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><br style="color: #363636; line-height: 20px; margin: 0px; padding: 0px; text-align: justify;" /><span style="color: #363636; line-height: 20px; text-align: justify;">Post-demonetisation, the revenue department had warned those involved in benami transactions of rigorous imprisonment of up to seven years. Through advertisements in newspapers, it had cautioned that benami properties would be attached and confiscated. It had also attached assets around the country and registered about 250 cases. The properties included agricultural land, bank deposits, apartments and jewellery.</span></span><br />
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<span style="font-family: Verdana, sans-serif;"><span style="color: #363636; line-height: 20px; text-align: justify;">with thanks : Deccan Herald : <a href="http://www.deccanherald.com/content/609537/go-owners-benami-property-pm.html">LINK</a> : for detailed news</span></span>B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-2681218241907858362017-04-12T11:19:00.002-07:002017-04-12T11:19:26.140-07:00Happy Baisakhi !<div class="separator" style="clear: both; text-align: center;">
<a href="https://2.bp.blogspot.com/-ktYai4aDLy0/WO5vpNkFItI/AAAAAAAAK4g/ZTDnUwAG9IcO5ao_GdMBm5FmoI8nf8WQQCLcB/s1600/17903545_1279761538738860_6388580945959536899_n.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="271" src="https://2.bp.blogspot.com/-ktYai4aDLy0/WO5vpNkFItI/AAAAAAAAK4g/ZTDnUwAG9IcO5ao_GdMBm5FmoI8nf8WQQCLcB/s400/17903545_1279761538738860_6388580945959536899_n.jpg" width="400" /></a></div>
<br />B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-86084654492650377922017-03-28T00:48:00.000-07:002017-03-28T00:49:15.262-07:00Tata Tigor Style back - The New World of Style : BloggerPride<div class="MsoNormal" style="text-align: justify;">
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">After
the great Tata Hexa Experience, we again got an invite from the Tata Motors to try our hands on
its new sedan – TIGOR, which is to be launched on 29<sup>th</sup> March. </span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;">The
first look of TIGOR was quite impressive. Though its front and sides looked
somewhat similar to TIAGO, its rear side looked much better than all of its
competitors in this segment. A beautiful car indeed.</span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;">The headlight is a smoked
type with a black treatment given to it which makes it more impressive. The
side profile of the new sedan is again similar to the Tiago but it looks more
beautiful than any other car of this segment. </span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;">The slope on its back makes it a
top notch sedan and quite beautiful in looks with LED stop lamps and the LED
tail lamps. The petrol version has the </span><st1:metricconverter productid="15 inch"><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">15 inch</span></st1:metricconverter><span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;"> Alloy wheels while the Diesel version has the </span><st1:metricconverter productid="14 inch"><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">14 inch</span></st1:metricconverter><span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;"> alloy wheels.</span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">Interiors
again are very impressive. It has the Automatic climate control system. The
infotainment system has been designed by harman, with a five inch touch screen,
eight speakers, and with the best of the sound quality in this segment. </span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;">The
steering wheel is quite sporty and adjustable, and has the telephony as well
the audio controls on it. Seating system of the TIGOR also looked quite
comfortable.</span><br />
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">It
has a boot space of </span><st1:metricconverter productid="419 litres"><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">419 litres</span></st1:metricconverter><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">. Multi bar links make it easier to remove and keep
the baggage while traveling. It has the </span><st1:metricconverter productid="1.2 litre"><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">1.2 litre</span></st1:metricconverter><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"> Revotron petrol engines with 84 bhp and the </span><st1:metricconverter productid="1.05 litre"><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">1.05 litre</span></st1:metricconverter><span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"> Revotorq Diesel engine with 69 BHP.<o:p></o:p></span></div>
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<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><span style="font-size: 14pt;">We
had to start from the Aerocity in Delhi, towards the Heritage Transport museum in Sohna & back but via NH 8, while returning. We were offered both the petrol as well as the Diesel versions. </span></span><br />
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><br /></span>
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<div class="separator" style="clear: both; text-align: center;">
<a href="https://2.bp.blogspot.com/-rCnS2MkXBRA/WNeZgVYBBFI/AAAAAAAAKyM/XqoAjkBWG_0Yli14MRSN_liHXitcFjsmQCLcB/s1600/Copy%2B%25282%2529%2Bof%2B750_9476.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://2.bp.blogspot.com/-rCnS2MkXBRA/WNeZgVYBBFI/AAAAAAAAKyM/XqoAjkBWG_0Yli14MRSN_liHXitcFjsmQCLcB/s400/Copy%2B%25282%2529%2Bof%2B750_9476.JPG" width="400" /></a></div>
<br />
<span style="color: #565a5c; font-family: "verdana"; font-size: 14pt;">Kartik from
Chennai was with me and he opted the Petrol version. The journey started and we
passed from all kinds of roads that included busy ones, hilly as well the
rural. The sedan performed perfectly and Kartik looked quite happy on driving
it for the one side journey while I was busy in clicking the pics & videos.</span></div>
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<iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/knfraQkIay4" width="560"></iframe><br />
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<div class="MsoNormal" style="text-align: justify;">
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">While
coming back I was in the driving seat and the beautiful machine that I had was
a Diesel version. It was my first feel of TIGOR on the driving seat and truly
it was quite impressive. The sedan was quite smooth in driving and truly very
comfortable. </span><br />
<div class="separator" style="clear: both; text-align: center;">
</div>
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://4.bp.blogspot.com/-cjja2k90H-c/WNecb20kwLI/AAAAAAAAKyc/2rWvS3POQg0fHiZV6kUTR35NgBGIptZKwCLcB/s1600/C7hYYGoVQAA7rvf.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="225" src="https://4.bp.blogspot.com/-cjja2k90H-c/WNecb20kwLI/AAAAAAAAKyc/2rWvS3POQg0fHiZV6kUTR35NgBGIptZKwCLcB/s400/C7hYYGoVQAA7rvf.jpg" width="400" /></a></div>
<br />
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">Please view the technical details of TIGOR with beautiful pics,
courtesy Tata Motors, in the video being embedded below. Bookings are now open and you can make your booking with any of the Tata Tigor dealers.</span><br />
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><br /></span>
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/GIX0LulqzNs" width="560"></iframe></span>
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><br /></span>
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">Pics courtesy - Tata Motors</span><br />
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><br /></span>
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;"><br /></span>
<span style="color: #565a5c; font-family: "verdana"; font-size: 14.0pt;">with thanks : BloggerPride</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com1tag:blogger.com,1999:blog-242968062355399325.post-61653196544585628042017-03-02T23:22:00.002-08:002017-03-02T23:22:57.043-08:00Add your Guest Blog Post / Article on Flourishing Property !<div style="background-color: white; color: #222222; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 18.48px; text-align: justify;">
<span style="font-size: large;"><span style="font-family: Verdana, sans-serif;">If you wish to add your Guest Blog Post or Article related to the Property / Real Estate, anywhere in India, please feel free to mail us / contact us via contact form. If approved, your Guest Blog Post will be uploaded on the Flourishing Property, absolutely Free of Cost. Our only aim is to generate awareness on the Real Estate sector. You can share Articles, Blog posts, Pics, Vids related to the Real Estate Sector only. </span><span style="font-family: Verdana, sans-serif; line-height: 18.48px;">Thanks,</span></span></div>
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B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-27207449358814026112017-02-20T08:11:00.001-08:002017-02-20T08:11:32.566-08:00Housing Sales Fall 31%; Launches Dip 40% in December Quarter: Report<div style="border: 0px; color: #404040; font-family: Roboto, sans-serif; font-size: 20px; font-stretch: inherit; line-height: 32px; padding: 0px 0px 20px; text-align: justify; vertical-align: baseline;">
<strong style="border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;"><img alt="Housing Sales Fall 31%; Launches Dip 40% in December Quarter: Report" height="266" src="http://img01.ibnlive.in/ibnlive/uploads/875x584/jpg/2017/02/HOUSING-875.gif" width="400" /></strong></div>
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<strong style="border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">New Delhi</strong>: Housing sales fell by 31 percent while launches dipped 40 percent in eight major cities during the December quarter, over previous three months, due to market uncertainty post-demonetisation, says a report.</div>
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The stock of unsold houses however fell marginally by 1 percent to 4,53,592 units in Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru and Chennai from 4,59,067 units in the previous quarter, said PropEquity, a real estate data, research and analytics firm.</div>
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"Housing demand crashed across top eight cities in the fourth quarter of 2016 post demonetisation of Rs 500 and Rs 1000 currency notes," it said in a release.</div>
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Sales stood at 26,718 units during October-December, down 31 percent from 38,450 units in the previous quarter. Similarly, the launches of new homes dropped to 16,636 units from 27,696 units.</div>
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"Housing demand (absorption) across key cities declined by 31 per cent largely on uncertainty post demonetisation which led to very few transactions materialising in both primary and secondary market," the company said.</div>
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The launches of homes fell as developers were waiting to gauge the true extent of demonetisation impact on real estate before launching any new projects, it added.</div>
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"Real estate sector in India, especially housing is going through a critical transition phase post demonetisation as transaction activity has slowed down considerably," said Samir Jasuja, founder and CEO at PropEquity.</div>
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The average prices of unsold units almost remain stagnant at Rs 6,683 per square feet as buyers and sellers delayed their decisions.</div>
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"Going ahead, the recent budgetary announcement to grant industry status to affordable housing will surely provide ample push for this segment in India, a key initiative under Housing for All. Developers having projects in the affordable segment will benefit greatly with this announcement," the report said.</div>
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with thanks : News18 : <a href="http://www.news18.com/news/business/housing-sales-fall-31-launches-dip-40-in-december-quarter-report-1351354.html">LINK</a></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com5tag:blogger.com,1999:blog-242968062355399325.post-78905733717912917222017-02-01T09:15:00.000-08:002017-02-01T09:15:35.405-08:00Real estate industry lauds infrastructure status to affordable housing<h2 class="intro" style="-webkit-font-smoothing: antialiased; background-color: whitesmoke; border-bottom-width: 0px; box-sizing: border-box; color: #133b5a; font-family: Fira-Sans-SemiBold, sans-serif; font-size: 18px; line-height: 25px; margin: 18px 30px 10px; outline: 0px !important; padding: 0px; text-align: justify; width: 600px;">
<img height="264" src="http://www.thehindu.com/business/Industry/article17128240.ece/alternates/FREE_660/affordable%20housing" width="400" /></h2>
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Union Budget 2017 increased allocation to Pradhan Mantri Awas Yojana from Rs. 15,000 crore to Rs. 23,000 crore in the rural areas</h2>
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The real estate industry has reasons to cheer as Union Budget 2017 announced infrastructure status for affordable housing. Housing companies acknowledged the beneficial changes to the affordable housing segment as it would give a boost to housing construction for low-income groups.</div>
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Anuj Puri, Chairman and Country Head, JLL India, acknowledged the increased allocation to Pradhan Mantri Awas Yojana from Rs. 15,000 crore to Rs. 23,000 crore in the rural areas.</div>
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“This is very significant, because it will provide the vital budget housing segment with cheaper sources of finance including, but not restricted to, external commercial borrowings. Also, re-financing of housing loans by NHBs can give a leg up to the sector,” he said in a statement issued to the press.</div>
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However, Mr. Puri grudged the Budget missing out on giving any additional income tax incentives to first-time home buyers or providing higher tax savings on housing loans and house insurance premiums. The Budget did not raise house rent deduction limits as well.</div>
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A new Credit Linked Subsidy Scheme for the middle-income group with a provision of INR 1,000 crore in 2017-18 was announced. Also, extension of tenure of loans under the CLSS of Pradhan Mantri Awas Yojana (PMAY) was increased to 20 years from the existing 15 years. Mr. Puri observed that promoters of affordable housing projects will benefit from the cushion of two additional years for completing their projects, instead of the earlier timeline of within three years.</div>
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with thanks : The Hindu : <a href="http://www.thehindu.com/business/Industry/Real-estate-industry-lauds-infrastructure-status-to-affordable-housing/article17128241.ece">LINK</a> : for detailed news.</div>
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B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-82628262415799326982017-02-01T09:12:00.003-08:002017-02-01T09:12:43.607-08:00Union Budget 2017-18 makes real estate more affordable <br />
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<span style="background-color: white; font-family: Verdana, sans-serif;">Union Budget 2017 proposes several positive measures for the real estate sector. Below are the key positives measures included. </span></div>
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Infrastructure status to affordable housing, which will reduce the cost of funding for the builders, the benefit of which he can pass on to the purchasers. </div>
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Capital gain tax period reduced to 2 years from 3 years, which means less capital gain tax for a person who intends to sell the house after two years of purchase instead of 3 years. </div>
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<span style="font-family: Verdana, sans-serif;">Read more at:</span></div>
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<a href="http://economictimes.indiatimes.com/articleshow/56913518.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #024d99; margin: 0px; outline: 0px; padding: 0px; text-decoration: none; vertical-align: baseline;">http://economictimes.indiatimes.com/articleshow/56913518.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst</a></div>
</span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-30382342084507487432017-01-29T03:01:00.003-08:002017-01-29T03:08:23.911-08:00Top 10 expectations of real estate sector from Budget 2017 - Times of India<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px; text-align: justify;">Real estate industry has high expectation from the upcoming budget 2016-17. Stakeholders are demanding that central government gives relaxation in</span><a class="key_underline" href="http://timesofindia.indiatimes.com/topic/Income-Tax" pg="AS1_InlineMedia#AS1_Link#AS1_http://timesofindia.indiatimes.com/business/india-business/top-10-expectations-of-real-estate-sector-from-budget-2017/articleshow/56661301.cms" style="background-color: white; border-bottom-color: rgb(51, 51, 51); border-bottom-style: solid; border-bottom-width: 1px; color: #333333; cursor: pointer; line-height: 1.1; opacity: 0.8; text-align: justify; text-decoration: none;">income tax</a><span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px; text-align: justify;"> rate, provide clarity on </span><a class="key_underline" href="http://timesofindia.indiatimes.com/topic/Gst" pg="AS1_InlineMedia#AS1_Link#AS1_http://timesofindia.indiatimes.com/business/india-business/top-10-expectations-of-real-estate-sector-from-budget-2017/articleshow/56661301.cms" style="background-color: white; border-bottom-color: rgb(51, 51, 51); border-bottom-style: solid; border-bottom-width: 1px; color: #333333; cursor: pointer; line-height: 1.1; opacity: 0.8; text-align: justify; text-decoration: none;">GST</a><span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px; text-align: justify;">, raise House Rent Allowance (HRA) deduction and announce policies to standardize construction materials in order to uplift the</span><a class="key_underline" href="http://www.magicbricks.com/" pg="AS1_InlineMedia#AS1_Link#AS1_http://timesofindia.indiatimes.com/business/india-business/top-10-expectations-of-real-estate-sector-from-budget-2017/articleshow/56661301.cms" rel="nofollow" style="background-color: white; border-bottom-color: rgb(51, 51, 51); border-bottom-style: solid; border-bottom-width: 1px; color: #333333; cursor: pointer; line-height: 1.1; opacity: 0.8; text-align: justify; text-decoration: none;">real estate</a><span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px; text-align: justify;"> industry.</span><br />
<br style="background-color: white; color: #333333; content: "."; display: block; font-family: proxima-regular1, roboto, arial, sans-serif; line-height: 27px; text-align: justify;" />
<br style="background-color: white; color: #333333; content: "."; display: block; font-family: proxima-regular1, roboto, arial, sans-serif; line-height: 27px; text-align: justify;" />
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;"></span><br />
<div style="text-align: justify;">
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Take a look at some of the major expectations that stakeholders have from the upcoming Budget 2016-17:</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"></strong><br />
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Industry status</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;"></span><br />
<div style="text-align: justify;">
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Directly or indirectly, the real estate sector contributes to over 15% of India's GDP. It has been asking for industry status for quite some time now. In its absence, developers are forced to borrow at high interest rates and comply with a stringent evaluation process. Unavailability of funds at a reasonable rate of interest delays the construction process and increases the final cost of homes, negatively impacting the end consumer.</span></div>
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">
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<br style="background-color: white; color: #333333; content: "."; display: block; font-family: proxima-regular1, roboto, arial, sans-serif; line-height: 27px; text-align: justify;" />
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;"></span><br />
<div style="text-align: justify;">
<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Giving industry status to the entire real estate sector, instead of granting infrastructure status only to the affordable housing segment, would help in pushing the housing demand in India.</span></div>
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</span><br />
<br style="background-color: white; color: #333333; content: "."; display: block; font-family: proxima-regular1, roboto, arial, sans-serif; line-height: 27px; text-align: justify;" />
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">For the real estate sector to really grow and execute its projects on time, various government approvals should be given in a timely manner. Developers have for long been demanding single window clearance to remove bureaucratic delays, which in turn delay delivery of homes.</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Clarity on beneficiaries under PMAY</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">The government recently announced that interest rates of 3% would be applicable on loans of up to Rs. 12 lakh and 4% on loans of up to Rs 9 lakh, under the Pradhan Mantri Awas Yojana (PMAY). Now, two new income categories can avail higher loans with interest subsidies. The Budget should give more clarity on the actual definition of beneficiaries who can avail of these benefits.</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">For example - would young urban professionals hoping to buy their own apartments but not belonging to either the EWS (Economically Weaker Section) or the LIG (Low Income Group) segments be allowed similar subventions? Also, affordable housing is largely available in the fringe areas of metros and tier-II, III cities. Would certain redevelopment projects within metros meeting the affordable housing definition be granted similar benefits?</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Financial protection from project delays</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">The deduction on interest of self-occupied houses is capped at Rs 2 lakh. For under construction residential units, however, if the construction is completed after 3 years, then the deduction is just Rs 30,000. This 3-year period starts from the end of the year in which the loan was taken. Lately, there have been many delays in the completion of many housing projects beyond the 3-year period.</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">This has caused hardships to property buyers. To provide them some relief, the government may consider allowing interest deduction in such cases without the cap of Rs. 30,000, and from the year in which the possession was due to the buyer as per the terms of the agreement.</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">I-T</strong><span style="font-family: , "roboto" , "arial" , sans-serif;"> </span><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">sops</strong><span style="font-family: , "roboto" , "arial" , sans-serif;"> </span><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">for first-time home buyers</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Can a first-time home buyer looking at an affordable project get additional income tax incentives for at least five years? The Budget should throw more light on this. Any efforts in this direction would help the government move closer to its objective of delivering 'Housing for All by 2022'.</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Also, given the lack of institutionalized rental housing in Indian cities, such a move could spur many fence-sitters into moving out from their rented apartments to owned homes. It could also encourage more developers to come up with products suiting these segments.</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Simplified tax norms for REITs</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">We have not seen a single REIT listing till date because of the presence of multiple taxes. Until tax hurdles are removed for developers and asset holders, it is highly unlikely that we will see any REIT listing. The government should recognize the capacity of REITs to improve market conditions for the real estate sector and remove the policies constraining their growth. The government should look at:</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Reduced level of taxation of REIT income</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Waiver of capital gains for the developer at the time of transfer of property into REIT</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Removal of service tax on lease premises</span></div>
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<strong style="background-color: white; border: 0px; color: #333333; font-family: proxima-semibold, sans-serif; font-stretch: inherit; line-height: 27px; margin: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; font-stretch: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Higher tax saving on home loan & home insurance premiums</strong></strong></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">The government should increase the tax deduction limit for housing loans, especially for buyers in metropolitan cities. The current limit of Rs 2 lakh is insignificant, given the ticket sizes in cities like Mumbai where most houses are priced at Rs 1 crore and above. Also, tax concessions on house insurance premiums could be introduced to encourage end-users to insure their homes.</span></div>
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<span style="background-color: white; color: #333333; font-family: , "roboto" , "arial" , sans-serif; line-height: 27px;">Similarly, the tax exemption limit should be increased by about Rs 1 lakh and be auto-set to match inflationary trends in a financial year.</span></div>
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with thanks : TOI : <a href="http://timesofindia.indiatimes.com/Top-10-expectations-of-real-estate-sector-from-Budget-2017/articleshow/56661301.cms">LINK</a></div>
</span>B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com3tag:blogger.com,1999:blog-242968062355399325.post-83634254887562066812016-12-12T08:22:00.001-08:002016-12-12T08:22:17.401-08:00Preventing division of joint property : Hindustan Times<div class="art-layout-a" id="testArtCol_a" style="background-color: white; color: #333333; float: none; line-height: 19.2px; overflow: hidden; width: 607px;">
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<span style="font-family: "verdana" , sans-serif; font-size: large;">HOUSE DIVIDED No one can transfer undivided interest in a joint property without taking into account the preferential right of co-heirs</span></h2>
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<span style="font-family: "verdana" , sans-serif;">Under the Hindu law of succession, if a person dies without leaving a will (intestate), his or her property devolves upon the class I legal heirs in equal proportion. By virtue of such inheritance, they become joint owners of such property. Complications may arise when one of them decides to alienate or transfer or sell his or her inherited undivided interest in the immovable property to a stranger. Undivided ownership interest in property means that share of the ownership in the property is identified but not demarcated till its partition or separation from other shares of such property. Till then, each coheir jointly owns property with others.</span></div>
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<span style="font-family: "verdana" , sans-serif;">Section 22 of the Hindu Succession Act, 1956, confers a preferential right on the remaining co-heir(s) or co-owner(s) to acquire such undivided interest in that property. The purpose of conferring a preferential right to co-heir(s) is that strangers or outsiders need to be kept out to maintain the integrity of the property. It is a remedial measure to moderate inconvenience resulting from transfer to an outsider by a co-heir of his or her undivided interest in immovable property that was inherited along with other co-heirs.</span></div>
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<span style="font-family: "verdana" , sans-serif;">The courts of law have on various occasions held that a statutory duty is cast on the transferor-heir to give notice of his intention to transfer his undivided interest. In cases where it is shown that the transferee has purchased the property without any notice regarding the same given to the remaining class-I co-heirs, the transfer could still be challenged after it was completed.</span></div>
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<span style="font-family: "verdana" , sans-serif;">Other co-heirs can enforce their preferential right under the Act to acquire the transferred undivided interest by filing a regular civil suit before the competent civil court. Also, since the right to claim preference over a property in terms of a statute ordinarily is a weak right, a suit by the co-heirs for claiming such a right can be filed within one year from the date of sale of property and not later. It is pertinent to remember here that this special preferential right under the Act can be availed only for a joint property. In case a partition has taken placebetween the coheirs resulting in division of the jointly owned property through specific or respective allotment or demarcation of share to each co-heir, such preferential right shall not exist anymore. Each co-heir shall then have the liberty to transfer their respective demarcated/ partitioned share without any restriction to offer it first to other co-heirs.</span></div>
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<span style="font-family: "verdana" , sans-serif;">Therefore, it can be said that under the Act, a co-heir cannot transfer his undivided interest in the jointly owned property that he inherited with other co-heirs, without reference to the preferential right of the co-heirs till such property is jointly owned. The law which provides for inheritance by co-heirs under class-I, limits the freedom of disposal of jointly owned immovable property. When the transfer is in violation of the above said provision, the remedy available for the other co-heirs will be to seek intervention of the court to enable them to acquire the right which has been transferred away by the other co-heir in violation of the Act.</span></div>
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<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b>10 Dec 2016</b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b>Delhi</b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b>The author is a senior partner at Zeus Law, a corporate commercial law firm. One of its areas of specialisations is real estate transactional and litigation work. If you have any queries, email them at ht@zeus.firm.in and htestates@hindustantimes.com. Sunil</b></li>
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<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b><br /></b></li>
<li style="border-left-color: rgb(204, 204, 204); border-left-style: solid; border-left-width: 1px; float: left; left: -6px; margin: 0px 5px 0px 0px; padding: 0px 0px 0px 6px; position: relative; text-align: justify;"><b>with thanks : Hindustan Times : Dated 10th December, 2016</b></li>
</ul>
</div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-74558995489455566542016-06-05T01:25:00.001-07:002017-03-03T03:56:35.944-08:00A to Z Furnishing Brings New Range of Home Furnishing Items<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
<span style="line-height: 115%;"><span style="font-family: "verdana" , sans-serif;"><b>A to Z Furnishing is a home furnishing company
that provides all the components for a fabulous interior. It is a one stop
destination and the company supplies all the products at really affordable
rates.</b></span></span></div>
<div style="text-align: justify;">
<span style="line-height: 115%;"><span style="font-family: "verdana" , sans-serif;"><b><br /></b></span></span></div>
<div style="text-align: justify;">
<img alt="ATOZ Home Furnishings" src="http://atozhomefurnishings.com/skin/frontend/default/ma_sahara_fashion9/images/Atoz_logo.jpg" /></div>
<div style="text-align: justify;">
<span style="line-height: 115%;"><span style="font-family: "verdana" , sans-serif;"><b><br /></b></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 115%;"><span style="font-family: "verdana" , sans-serif;">May 13, 2016 Mumbai: A
to Z Furnishing is one of the leading names in the industry today and it has
emerged as a top <b>home furnishing
supplier</b>, selling items which includes a wide range of bed and bath linen,
curtains, blinds, carpets, mattresses and pillows, table napkins and a wide
range of other related. It has launched new collections for the coming season
and all the items meet the highest international standards. The curtains and
flooring items like carpets have been sourced from various countries and have
already been picked up by major hotel chains for their interiors.</span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div style="text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="line-height: 115%;">The individual buyers
too have a lot to look forward to, especially with the upholstery as premium
fabrics have been handpicked for the collection. Be it an antique piece that
the buyer is looking for or an affordable item to cater to a large group of
people, A to Z Home Furnishings can be trusted to live up to the expectation
and provide the clients with all the items they require. They are also a <b>uniform supplier</b> for the members of the
staff at any do and their new ranges of uniform designs are sure to grab all
the eyeballs. </span></span></div>
<div style="text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="line-height: 115%;"><br /></span></span></div>
<div style="text-align: justify;">
<span style="line-height: 115%;"><span style="font-family: "verdana" , sans-serif;">You
can also fill up the form at <a href="http://atozhomefurnishings.com/">http://atozhomefurnishings.com</a> and you will be contacted. The form for subscription can also be filled for the
latest news and updates. </span></span></div>
</div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-90360619434525268882016-05-01T11:00:00.002-07:002016-05-10T02:17:30.266-07:00The 2D3D Floor Plan Company Offers High Quality and Interactive 3D Floor Plans<h2 style="background: white; line-height: 16.15pt; margin: 17.3pt 0in; text-align: justify; vertical-align: top;">
<span style="font-family: "verdana" , sans-serif; font-size: small;">New Delhi, India (April
20, 2016) - <span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-weight: normal;">The
importance of 2D and 3D floor plans is well known as the photo-realistic floor
plan caters to the need of having interactive apartments and properties in real
estate industry. In a competition to offer the best quality 2D and 3D floor
plans, The 2D3D Floor Plan Company provides the high quality and creative 3D
floor plan services at the most affordable prices. Experienced and highly
talented 3D floor plan designers create interactive 2D and 3D floor plans as
per the customer’s imagination which they want to have or they have to think
about their dream home. To make their 3D plan more realistic, they also put
interior decorations for the apartment such as wall colors furniture, windows,
doors, kitchen, and bathroom setup just exactly like a real apartment by using
latest software and designing technologies. They boast of their efficiency and
proficiency in completion of more than 800 3D floor plan projects including
various home areas i.e. living area, bed room, interior walls, windows, doors,
electrical appliances, larger closet, kitchen area, bathroom, sink, shower,
etc.<o:p></o:p></span></span></h2>
<div>
<span style="font-family: "verdana" , sans-serif; font-size: small;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-weight: normal;"><img alt="The 2D3D Floor Plan Company" src="http://the2d3dfloorplancompany.com/wp-content/uploads/2016/04/The-2D3D-Floor-Plan-Company-Logo.png" /></span></span></div>
<div>
<span style="font-family: "verdana" , sans-serif; font-size: small;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-weight: normal;"><br /></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span lang="EN-IN" style="background: white;"><span style="font-family: "verdana" , sans-serif;">Now with the help
of 2D and 3D floor plans, the customer can show photo-realistic and interactive
3D view of their homes in the form of a small model and this beneficial to the
renters as they can see the full setting of the apartment without visiting the
site. In addition, if someone wants to build a home by self-designing idea,
then one can ask this company to make a 3D floor plan before starting the
actual construction. With photo-realistic and interactive 3D floor plans,
buyers or renters are getting a closer and more accurate view of an apartment
or property without visiting the site physically.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span lang="EN-IN" style="background: white;">One of the
spokesperson comments, “What an amazing experience! Perfect team to go to bring
floor plans to real life imaginations. You really blew my mind I love your work
and definitely will be using you all year long.” Such testimonials reflect
nothing but the repeated engrossment that The 2D3D Floor Plan Company offers to
its clients.</span><span lang="EN-IN"> </span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span lang="EN-IN" style="background: white;"><span style="font-family: "verdana" , sans-serif;">Offering high
quality work at most affordable prices, The 2D3D Floor Plan Company has become
one of the best 3D floor plan companies. As their whole setup is in India, they
give their service at extremely affordable prices and also one can get the
quotation in advance to meet up their budget.</span></span></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span lang="EN-IN">For more information about 2D and 3D floor
plans, please visit </span><span lang="EN-IN"><a href="http://the2d3dfloorplancompany.com/">http://the2d3dfloorplancompany.com/</a></span></span><span class="MsoHyperlink"><span lang="EN-IN" style="font-family: "verdana" , "sans-serif"; font-size: 10.0pt;"><o:p></o:p></span></span></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-73151274947398996972016-04-29T00:37:00.002-07:002016-04-29T00:39:46.887-07:00TATA Housing New Launch – La Vida, Gurgaon (Just 0.5 km from Delhi with 30:70 payment plan)<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4636" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><b id="yui_3_16_0_ym19_1_1461916175039_4748" style="-webkit-padding-start: 0px;">La Vida</b><span id="yui_3_16_0_ym19_1_1461916175039_4745" style="-webkit-padding-start: 0px;"> is designed with the vision to create a forest inspired living by establishing a connection with nature, at the same time focusing on all aspects of lifestyle and recreation.</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4636" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;"><br /></span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4607" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span id="yui_3_16_0_ym19_1_1461916175039_4606" style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">With only<b id="yui_3_16_0_ym19_1_1461916175039_4752" style="-webkit-padding-start: 0px;"> 0.5 kms from Delhi</b>, as you enter <b style="-webkit-padding-start: 0px;">La Vida</b>, you see towers emerge from a forest of trees to adorn the distant skyline. As you proceed along a winding shaded road, glimpsing at the sky through the over-arching trees, to the sound of birds’ symphony, children’s laughter and the smell of fragrant flowers, you hope that your drive and experience is never ending.</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4607" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;"><br /></span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Alongside the curving drive, you find nested spaces, inviting you to play. Playgrounds, flower clusters, herb gardens, reflective pools, and picnic pavilions satisfy even the most hard to please.</span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;"><br /></span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">The winding road ends at your own island grove and retreat. The clamor of the city streets fade to a distant murmur.</span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;"><br /></span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><b style="-webkit-padding-start: 0px;">La Vida</b><span style="-webkit-padding-start: 0px;"> gives its residents an active community space and provides a safe, vibrant and warm abode for families. <b style="-webkit-padding-start: 0px;"> La Vida </b>will be a landmark in the years to come.</span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Amenities</span></b></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">80% open area dedicated to landscaping and recreational spaces</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">15,000 sq. ft. Clubhouse with best-in-class facilities</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px; line-height: 18.4px;">Active sports amenities like full basketball court, 2 badminton courts, 1 tennis court, 800 m internal jogging track & a cricket pitch to create a wholesome opportunity for the residents</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Themed terrace gardens</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Yoga and Meditation terrace</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Private parties terrace</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Board games, like, chess, checkers for teen/adults</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Dance or Exercise classes</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Art classes for kids, painting, arts/crafts, sculpture making, pottery</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Dedicated and safe children’s play area - </span><span style="-webkit-padding-start: 0px; line-height: 18.4px;">Play equipment which can be customized to make them more interesting along with a themed colour. A sandpit adjoins play area in a court while the slide down the tree deck also leads one to a sandpit underneath</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Water plaza, reflective pool and lily pools</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Art installation plaza</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Tower lobbies with art displays</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Art Walk at the clubhouse to display works of children or resident artists</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Barbeque corner</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Party lawn</span></span></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Landscape</span></b></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">1.85 acre vehicle free central greens comprising of a sunken garden with stepped seating and grass terraces</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px; line-height: 18.4px;">Sunken Garden of approx. area 40mx70m, totally basement free natural ground planted with indigenous & flowering trees to enhance the forest feel. One end has steps and grass slope with seats descending to this space, An amphitheater of a different kind. The other end has sloping grass for children to have fun rolling down or running down.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-bottom: 0.0001pt; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">Fruit Tree Bosques - Jamun, mango, Amla, Guava, Chikoo- which give fruits in plenty to enchant the residents with fresh from the trees produce</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-bottom: 0.0001pt; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">A Mosaic of small lawns + sit-outs + planting beds is all around between the ground floor verandahs & the walking/jogging path.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-bottom: 0.0001pt; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">Art installations in the landscape- rough hewn blocks of stones arranged in small lawn spaces, while they can be used for sitting, create a sculptural visual. Alongside, feature walls can be graffiti walls for residents to express themselves creatively</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-bottom: 0.0001pt; margin-left: 1in; margin-right: 0in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px; color: #1f497d;">o</span><span style="-webkit-padding-start: 0px; color: #1f497d;"> </span><span style="-webkit-padding-start: 0px;">Active sports amenities like full basketball court, 2 badminton courts, 1 tennis court & a cricket pitch create a wholesome opportunity for the residents</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Sky walk</b><span style="-webkit-padding-start: 0px;"> overlooking the central green connected by tree houses with slides for kids</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Herbal garden</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Flowering trees</b><span style="-webkit-padding-start: 0px;"> overlooking the residential towers</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">1000 trees</b><span style="-webkit-padding-start: 0px;"> planted within the <b style="-webkit-padding-start: 0px;">9 acre</b> property – more than100 trees to an acre</span></span></div>
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<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Specifications</span></b></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Building</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">IGBC pre-certified gold rated building</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Well ventilated lobbies</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Double height ceiling in the clubhouse</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">High speed elevators</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Vitrified flooring in lift lobbies and corridors</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Earthquake resistant structure as per IS code</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">DG power backup in common areas and lift</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Living/Dining/Kitchen</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Vitrified flooring, sliding French windows, OBD paint</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Anti-skid vitrified flooring tiles, sink board with drain board, exhaust fans in the kitchen</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Utility room in the kitchen</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Anti-skid ceramic flooring tiles, MS railing, electrical, drain and water supply point</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Bedrooms</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Vitrified flooring, anodized aluminum window frame</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Toilets</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Wall mounted WC, wash basin with counter in master toilet, best in class fittings</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Security</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Video door phones in every home</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Balcony</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">MS railing, anti-skid vitrified tiles</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><b style="-webkit-padding-start: 0px;">Electrical</b></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 1in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">o</span><span style="-webkit-padding-start: 0px; line-height: 10.7333px;"> </span><span style="-webkit-padding-start: 0px;">Premium series of switches and plates</span></span></div>
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<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">The Club house</span></b></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">The Club, nested under the centrally located towers overlooking the central green will provide the very best amenities to all residents.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">A double height lounge and reception will welcome you at the entrance and a well naturally lit art walk will lead you to other health facilities.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">Spa facilities will be available with massage room, steam, sauna, shower as well as change rooms for a large outdoor swimming pool. </span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">The Health club with fully equipped Unisex Gym has been provided. Active sports facilities including squash court, billiards, cards, multi-purpose hall for dance or yoga provides a variety of health and fitness activities.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">An audiovisual room for 8 to 10 people and a restaurant with a fully equipped kitchen serving a large banquet hall will provide opportunities for bigger gatherings.</span></span></div>
<div style="-webkit-padding-start: 0px; background-color: white; margin-left: 0.5in; padding: 0px; text-align: justify;">
<span style="font-family: "verdana" , sans-serif;"><span style="-webkit-padding-start: 0px;">v</span><span style="-webkit-padding-start: 0px;"> </span><span style="-webkit-padding-start: 0px;">Kids’ corner and reading room will take care of the little ones needs.</span></span></div>
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<br /></div>
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<br /></div>
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<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Pricing</span></b></div>
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<br /></div>
<table border="0" cellpadding="0" cellspacing="0" style="-webkit-padding-start: 0px; background-color: white; border-collapse: collapse; color: black; margin: 0px; padding: 0px; text-align: justify; width: 547px; word-break: break-word;"><tbody style="-webkit-padding-start: 0px; width: 546px;">
<tr style="-webkit-padding-start: 0px; min-height: 15pt;"><td nowrap="" style="-webkit-padding-start: 0px; border-spacing: 2px; border: 1pt solid windowtext; min-height: 15pt; padding: 0in 5.4pt; width: 77.25pt;" width="103"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Saleable Area (in Sq. ft.)</span></b></div>
</td><td style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: solid solid solid none; border-top-color: windowtext; border-top-width: 1pt; min-height: 15pt; padding: 0in; width: 67.5pt;" valign="top" width="90"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Carpet Area (In Sq. Ft.)</span></b></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: solid solid solid none; border-top-color: windowtext; border-top-width: 1pt; min-height: 15pt; padding: 0in 5.4pt; width: 139.5pt;" width="186"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Basic Sale Price</span></b></div>
<div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">(Inclusive of 1 Car Parking)</span></b></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: solid solid solid none; border-top-color: windowtext; border-top-width: 1pt; min-height: 15pt; padding: 0in 5.4pt; width: 1.75in;" width="168"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">BASIC COST (In Rs.)</span></b></div>
</td></tr>
<tr style="-webkit-padding-start: 0px; min-height: 15pt;"><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-left-color: windowtext; border-left-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid; min-height: 15pt; padding: 0in 5.4pt; width: 77.25pt;" width="103"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1276</span></span></div>
</td><td style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in; width: 67.5pt;" valign="top" width="90"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">880</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 139.5pt;" width="186"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">8500</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 1.75in;" width="168"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">10846000</span></span></div>
</td></tr>
<tr style="-webkit-padding-start: 0px; min-height: 15pt;"><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-left-color: windowtext; border-left-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid; min-height: 15pt; padding: 0in 5.4pt; width: 77.25pt;" width="103"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1330</span></span></div>
</td><td style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in; width: 67.5pt;" valign="top" width="90"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">917</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 139.5pt;" width="186"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">8500</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 1.75in;" width="168"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">11305000</span></span></div>
</td></tr>
<tr style="-webkit-padding-start: 0px; min-height: 15pt;"><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-left-color: windowtext; border-left-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid; min-height: 15pt; padding: 0in 5.4pt; width: 77.25pt;" width="103"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1573</span></span></div>
</td><td style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in; width: 67.5pt;" valign="top" width="90"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1085</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 139.5pt;" width="186"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">8500</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 1.75in;" width="168"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">13370500</span></span></div>
</td></tr>
<tr style="-webkit-padding-start: 0px; min-height: 15pt;"><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-left-color: windowtext; border-left-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid; min-height: 15pt; padding: 0in 5.4pt; width: 77.25pt;" width="103"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1579</span></span></div>
</td><td style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in; width: 67.5pt;" valign="top" width="90"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">1089</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 139.5pt;" width="186"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">8500</span></span></div>
</td><td nowrap="" style="-webkit-padding-start: 0px; border-bottom-color: windowtext; border-bottom-width: 1pt; border-right-color: windowtext; border-right-width: 1pt; border-spacing: 2px; border-style: none solid solid none; min-height: 15pt; padding: 0in 5.4pt; width: 1.75in;" width="168"><div class="yiv0890393497MsoNormal" style="-webkit-padding-start: 0px; padding: 0px; text-align: center;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">13421500</span></span></div>
</td></tr>
</tbody></table>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4733" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4731" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4729" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<b style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Payment Plan</span></b></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4675" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4727" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Expression of Interest – Rs.5 Lacs only</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4725" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Within 45 days – 10% less Rs.5 lacs</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4723" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">Within 75 days – 10%</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4678" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span id="yui_3_16_0_ym19_1_1461916175039_4677" style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">On or before 31st August 2016 – 10%</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4720" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<span style="-webkit-padding-start: 0px;"><span style="font-family: "verdana" , sans-serif;">On receipt of Occupational Certificate – 70%</span></span></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4709" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<br /></div>
<div class="yiv0890393497MsoNormal" id="yui_3_16_0_ym19_1_1461916175039_4704" style="-webkit-padding-start: 0px; background-color: white; padding: 0px; text-align: justify;">
<b id="yui_3_16_0_ym19_1_1461916175039_4703" style="-webkit-padding-start: 0px;"><span id="yui_3_16_0_ym19_1_1461916175039_4702" lang="EN-IN" style="-webkit-padding-start: 0px; color: #009900;"><span style="font-family: "verdana" , sans-serif;">7 Switch off as you go | qAlways recycle | P Save a tree... think before print.... Go green</span></span></b></div>
B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0tag:blogger.com,1999:blog-242968062355399325.post-9555891260331585782016-04-03T05:44:00.002-07:002016-04-03T05:44:42.764-07:00Signal woes? Building bylaws bar mobile towers in residential areas<div class="art-layout-a" id="testArtCol_a" style="background-color: white; color: #333333; float: none; line-height: 19.2px; overflow: hidden; width: 607px;">
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<span style="font-family: Verdana, sans-serif;">NEW DELHI: The new unified building bylaws that may make it easier to obtain permits could worsen signal problems for mobile phone users.</span></div>
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<span style="font-family: Verdana, sans-serif;">The new bylaws say there should be no mobile phone towers in residential areas.</span></div>
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<span style="font-family: Verdana, sans-serif;">This has led to confusion among the municipal corporations as almost 80% of such towers are believed to be in residential areas.</span></div>
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<span style="font-family: Verdana, sans-serif;">“No signage/communication tower and advertisement is to be provided in residential buildings,” the bylaws state.</span></div>
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<span style="font-family: Verdana, sans-serif;">Union urban development minister M Venkaiah Naidu released the new unified building bylaws for Delhi on Tuesday. Apart from simplifying procedures, these have reduced public-official interaction to reduce corruption.</span></div>
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<span style="font-family: Verdana, sans-serif;">“Going by the new bylaws, there should be no mobile towers in residential areas. Considering that only 20% of the total mobile towers fall in non-residential areas, this may lead to cellular problems,” said a high-ranking municipal official. Officials said they would either wait for an order from the high court in an ongoing case or approach the Centre for clarification.</span></div>
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<span style="font-family: Verdana, sans-serif;">Mobile phone operators approached the high court in 2010 after the corporation changed its policy regarding the establishment of such towers. The case is still pending. “A lot of things have to be kept in mind while implementing the bylaws. They might require certain modifications so that the public is not hassled,” said Ashish Sood, leader of the house, South Delhi Municipal Corporation.</span></div>
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<span style="font-family: Verdana, sans-serif;">Technical experts say call drops occur due to an increase in the number of dead zones. These zones are a result of either fewer mobile towers in range or due to hindrance in the signal. Towers have a range of 5 km . You lose signal when you are either out of range or in a ‘dead zone’.</span></div>
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<span style="font-family: Verdana, sans-serif;">The three municipal corporations say the total number of mobile towers under their jurisdiction is 7,926.</span></div>
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<span style="font-family: Verdana, sans-serif;">Officials, however, argue that the total number of unauthorised towers are more than half of that.</span></div>
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<span style="font-family: Verdana, sans-serif;">“The total number of mobile towers before trifurcation was 5,252. However, the number has increased exponentially in the past three years near residential areas,” said a municipal official.</span></div>
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<span style="font-family: Verdana, sans-serif;">Officials argue that while most new towers violate building bylaws, for others, the corporation has not been paid.</span></div>
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<span style="font-family: Verdana, sans-serif;">with thanks : Hindustan Times : Dated 3rd April, 2016</span></div>
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B S Vohrahttp://www.blogger.com/profile/01459519252391835020noreply@blogger.com0