REAL ESTATE
 




Buildings on riverbeds
Officials wake up after the recent bridge collapse in Baddi and mull a master plan for the industrial area, reports Ambika Sharma
This is how the river retaliated after its natural course of flow was stopped by unbridled construction.In the absence of strict regulation to deter spate of construction activity, along the riverbeds, flood-prone spots have emerged the latest haunt of the realtors in the industrial areas of Baddi-Barotiwala and Nalagarh. There has been a phenomenal rise in such construction in the entire industrial area.

This is how the river retaliated after its natural course of flow was stopped by unbridled construction. — Photo by Karam Singh

A mall under construction near the historic Ram Bagh gardensHeritage gets a burial in Amritsar
Citizens seek guidelines to preserve the glorious heritage, report Sanjay Bambroo and Ashok Sethi
Unabated construction activity without conforming to maintain essential historic character of the Holy City have raised many a eyebrows, especially among the conservationist and the old citizens.

A mall under construction near the historic Ram Bagh gardens. — Tribune photo by Rajiv Sharma

BBNDA starts self-certification
In a significant development that can avoid major hassles, residents of 171 revenue villages under 31 gram panchayats, out of a total of 228 villages in 41 gram panchayats under the BBNDA purview, have been authorised to get NoC for new construction from their panchayat concerned. The move thus avoids getting NoC from BBNDA (Baddi-Barotiwala-Nalagarh Development Authority).

GROUND REALTY
Finish off with plaster
Jagvir Goyal tells how to use cement slurry on the walls

Howsoever expensive finishing paints we may use, their real effect, impact and ambience will not be visible unless the plaster work on the walls is not smooth and levelled.

TAX tips
NRIs can file IT returns online
Q. I retired from govt. service. I along with my wife will immigrate to Canada in 2009. I have following queries:
I sold my urban plot. Sale proceeds of plot will be received in two instalments, that is half in this AY & half in next as also entered in the registry. Is the limit of Rs 50 lakh for depositing in infrastructure bonds under Section 54 from LTCG for the lifetime or can Rs 50 lakh be deposited every year to save LTCG IT, whenever LTCG is received?

Pay and be my guest
Smriti Sharma writes on how house owners prefer paying guests to tenants owing to the low-risk factor

Five years ago, when 22-year-old Palak from Muktsar got a job in one of the top banks in Chandigarh, the only thing that worried her was where to stay. With none from her family members, not even distant cousins, around, she had second thoughts on joining. Clearly, she didn’t want to stay as a tenant alone, managing food, laundry, paying electricity bills and everything on her own.

Omaxe develops multiplex
Patiala wakes up to mall culture, writes Lalit Mohan

Patiala is all set to have first shopping mall. The shopping mall that is likely to completed by April next year would have 150 shops, three food courts, a 50 -room hotel with swimming pool, a banquet hall and four screen multiplex cinema hall.


 

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