Haryana proposes to build apartments for
economically weaker sections, Bijendra Ahlawat finds
housing facilities being thrown
open on a large scale through private sector in Faridabad, thus providing ample
opportunities to the economically-sound class, it is perhaps the government
that is left with the burden to look after the housing needs of the poor. The
Haryana government proposes to build apartments for the economically weaker
sections (EWS) in near future.
Urban poor face massive
India eyes a GDP growth rate of 9
per cent plus in the next five years, there is still no answer to the housing
woes of the economically weaker sections of the society.
Khatamband pattern faces
Steps should be taken to save this
Kashmiri art, says Ehsaan Fazili
one of the traditional architectural techniques of panelling the ceiling with
wooden pieces arranged in an intricate geometrical pattern, has been a unique
feature in the residential houses and other structures in Kashmir.
Khatamband is a traditional architectural technique of panelling the ceiling with wooden pieces arranged in an intricate geometrical pattern.
— Photo by Amin War
Ansals set to change Amritsar
skyline of the Land of Five Rivers
is set to change by the end of this decade with a real estate major planning to
develop five townships and 15 commercial projects, including a state-of-the-art
entertainment and hospitality plaza in the Golden Temple town of Amritsar.
Ansal API President Deepak Sachdev says the company plans to invest Rs 11,000 crore in the
next four years
City of Nawabs embraces mall
City of Nawabs and old world charm
is going modern with a vengeance with all big names in the business setting up
shop in the half a dozen glitzy malls coming up. Leading business houses have
either already set up base or are in the process of establishing their presence
in this Uttar Pradesh capital.
Big malls, SMall
is not only the large towns that
remain the focus of builders and developers when it comes to setting up malls,
small towns too have begun capturing attention. Kochhar Land Developers Private
Limited, an Ambala-based company, too, has planned to set up a mall-multiplex
in Mandi Gobindgarh. The company, which has a couple of township projects in
Ambala, Khanna and Sirhind, plans to go ahead with construction in round two
Break and rebuild!
Mumbai builders mull cluster
redevelopment, says Shiv Kumar
pushing through the redevelopment
of individual buildings across Mumbai, the powerful builders’ lobby in the
city are pushing for ‘cluster redevelopment’ or entire clusters of
buildings. Interestingly, the proposal envisages demolition and reconstruction
of even those buildings which are in good shape and which their owners intend
to preserve the way they exist.
Baddi ban eased partially
Realtors, common man confused, says Ambika
a view to facilitate planning in
the prime industrial area of Baddi-Barotiwala-Nalagarh, the government has now
granted partial relaxation to various departments. In a notification issued by
the Financial Commissioner (Revenue), different government departments have
been given permission to sell land with effect from January 3.
MNCs take-off halts for want
Jagmeet Y. Ghuman
says the Department of Industries faces plot shortage in Baddi
as ample land is available in and
around Baddi, certain units, including those of big MNCs, have failed to set up
their projects for want of land. Though
private land is in plenty yet the shortage of land with the Department of
Industries (DoI) has badly hit the plans of units.
Realty through lens
A London office block, known as the Gherkin, is pictured in central London. The reinsurer SwissRe has said it was selling the landmark London office block to a German real estate firm for £600 million. — AFP
Chinese peasants admire new housing projects under construction in the town of Zhongxian, upriver from the giant Three Gorges Dam project. China’s state press has reported that Chinese auditors believe $37 million has been embezzled from funds earmarked for resettling residents displaced by China’s landmark Three Gorges Dam project.— AFP
Calculations go awry
finds out how forward trading has hit sellers and purchasers in
farmers of Ratoli village and its
surroundings areas in Yamunanagar in hope of selling their 200 acres on double
the prices entered into agreements with Delhi-based “builders”. The
prevailing price of the land was between Rs 12 lakh and Rs 17 lakh per acre and
the builder agreed to purchase land anywhere between Rs 30 lakh and Rs 42 lakh.
Evolve to ready mix concrete
Ready mix concrete can do away with many
construction problems, says Jagvir Goyal
house builder desires to have good
quality concrete in the columns, beams and slab of his house. It is the
beam-column framework that lends real strength to a structure. More strong and
durable this framework is, the more the life of the structure and least are the
post construction problems. That’s why numerous precautionary steps are taken
while raising the columns or laying the beams and slab of a house. However the
reality is that despite remaining fully alert towards producing good quality
concrete, desirable results are not achieved.
Goodwill sum taxable as capital
By S.C. Vasudeva
Q. I am running a general mercantile business in a market area. The shop has a
very large clientage on account of the situation in which my shop is located. I
am now 70 years of age and both my sons have migrated abroad and do not intend
to get back. My daughters are married and settled. I, therefore, intend selling
the shop lock, stock and barrel. I have been approached by someone who is
prepared to buy the same and pay a sum of Rs 10 lakh towards the goodwill of
the shop. Please let me know whether the amount of goodwill so received would
BSEL to invest mega funds
Infrastructure Realty has said its Dubai-based wholly-owned subsidiary will
invest Rs 1,600 crore to develop four residential towers in the UAE. BSEL
Infrastructure Realty (FZE), a wholly-owned subsidiary of Mumbai-based BSEL
Infrastructure Realty, would construct four residential towers in new Emirates
city, UAE for a total cost of Rs 1,600 crore, a company press note said. “At
the current market rates, the project has a saleable value of Rs 2,100 crore,
translating into Rs 500 crore net profit to BSEL,” it said.