REAL ESTATE
 


Building by law, hardly
Successive governments have made a mockery of the Shimla Planning Area blueprint through repeated amendments to regularise illegal constructions, writes Rakesh Lohumi
The process of degeneration of the queen of hills, Shimla, seems virtually irreversible as buildings continue to spring up in blatant violation of the building bylaws. Vast stretches of verdant slopes have been transformed into veritarnment is making plans to decongest the city under the Jawaharlal Nehru Urban Renewal Mission and, on the other hand, it is allowing buildings to come up in violation of laws, creating traffic bottlenecks.

Chain reaction
Big retail brands to alter Karnalís shopping scene
Vishal Joshi
As certain supermarket managements have shown keen interest in opening their outlets in the urban estates of Karnal, the residents of the area are finally hopeful of new shopping avenues. Though there are seven residential sectors of the Haryana Urban Development Authority (HUDA) in Karnal, the commercial areas in a majority of them have failed to pick up. Scores of SCOs and booths in Sectors 6, 7, 8, and 9 have been lying unoccupied for years. Karnal is spread on both sides of NH-1 with the old locality is based on the west.

CABIN CRUNCH
Mumbai, Delhi world's 4th & 7th most costly office markets
India's top two cities, Delhi and Mumbai, continue to be amongst the ten most expensive office markets of the world in the league of other places like London, Moscow, Tokyo, Paris and Singapore.

GROUND REALTY
FLUSH WITH IDEAS
Jagvir Goyal
Basic bathroom concepts, best bathroom fittings, most suitable chinaware fixtures, bathtubs and showers have been discussed in previous issues. But any information about bathrooms will not be complete unless the following tips are added to the kitty.

Gurpreet Singh Gujral Construction at a click
Sarbjit Dhaliwal
If you are keen to construct a house, you need not go anywhere. Your computer can be a great help for you. Just click on www.Constructionorganisers.com and you will get all information with regard to the building of a dream house. And you have to pay nothing for visiting the site. And that is not the only facility available on the site.                                                Gurpreet Singh Gujral

Concrete action
Pidilite launches heat-reducing exterior coating
Adhesives and paint major Pidilite will launch the first of its kind a heat-reducing exterior coating, 'Dr Fixit Heatshield', which will help bring down the room temperature by 5-6 degrees Centigrade and make the house's interiors cooler this summer.

TAX TIPS
Reason of rent
S.C. Vasudeva
Q. I want to know about the tax treatment of rent received by a commercial building. I want to know about the permissible deduction on income from property. First, is municipal rent and 30 per cent deduction on rent received u/s 24? Second, should we claim depreciation on the building?

Steel mart to be held in Ludhiana
INDUSTRIAL body CII will organise a steel mart in Ludhiana in September, providing a plat form to the industrialists of the state to showcase their products.

 





 

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