REAL ESTATE
 


Satellite township plan goes haywire
Himachal Pradesh is indecisive on the land use option at Waknaghat, reports Ambika Sharma
The state’s first planned satellite township, slated to be set up at Waknaghat in Solan district, is shrouded in uncertainty with the state government indecisive on the land use option. Though the Himachal Pradesh Housing and Urban Development Authority (Himuda) is at an advanced stage of acquiring land, there is little hope of the project coming through.

Multiplexes for industrial hub
Ludhiana to get Flamez and West End Mall this month, finds out Jupinderjit Singh
Ludhiana, the city of industries, is all set to figure prominently on the multiplex map in the region with two new plazas and as many as eight auditoriums, equipped with the latest film screening facilities, ready to roll out this month. City residents had already lapped up the experience of a shopping mall at Ansal Plaza. It is time now for shopping, along with a never before cinematic experience in the form of PVR cinema at the Flamez Multiplex, while Waves Cinemas will showcase at the West End Mall in Rajguru Nagar on the Ferozepore road.

Estate talk
Tough policy may wipe off smaller players
S.K. Sayal Alpha G plans a township in Amritsar, says S. Satyanarayanan
Strict monetary measures initiated by the Reserve Bank of India to check overheating in the real estate and housing sector will lead to wiping out of some of the new and inexperienced real estate developers and consolidate professional and transparent realtors, says Alpha G:Corp Development Private Limited CEO S.K. Sayal.
                                                                              
S.K. Sayal

Bathroom is a room too
Designer sanitaryware and vitrified finish are in vogue, notes Devendra Malik
As people’s living style has changed over the decades, the designing of bathrooms has also undergone drastic changes. From mere convenience-oriented arrangement to luxury-aimed design, bathrooms have now become an ultimate expression of style.

GREEN HOUSE
Bloom within four walls

Replant indoor beauties after removing mud balls, suggests Satish Narula
They were all there in the thick of woods. Some of them were even confined to places where the sunlight never touched the floor. We saw them, we liked them and we tamed them so that they could be kept indoors. Yes, we are talking about the shade-loving plants. This is the time to know everything about such plants. There is a wide range of indoor or shade-loving plants. When we visit a nursery, we want to have them all. It is because of the beauty of the colourful foliage or the flowers. They look fresh and healthy while in the nursery but no sooner are they brought home than they start wilting.

TAX tips
No extension on capital gains scheme account
Q. We two brothers inherited a residential house from our father after his death in 2001. The said house was sold in 2004 i.e. after three years of the date of death of our father. I invested my share of sale proceeds in a capital gains scheme account of a nationalised bank as I intend to invest the said amount in buying a residential house at a place where I am employed. It has not been possible to purchase the house on account of the substantial raise in prices of residential properties in Punjab. The capital gains scheme account will be maturing by the end of this year. Is it permissible to get the term extended of this particular account? If not what would happen to this amount lying with the capital gains scheme account.


 

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