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Decentralise urbanisation
Integrated Chandigarh need of the hour, says Rajmeet Singh
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Information Technology made Bangalore. It also jacked up the real estate prices and choked the infrastructure.
The same ‘success story’ is being replicated in City Beautiful, Chandigarh. Thanks to the IT boom, affordable housing is increasingly becoming a casualty.
Surveys by IT companies and real estate players are going all out to project the city as an emerging most preferred destination for IT companies.
 Allotment rules hem in speculators
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— Photo by Vinay Malik
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Bangalore plans 5 satellite towns
Mysore highway is the next hotspot, reports Jangveer Singh |
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The new road for prosperity seems to lead to Mysore with major development activity set to make the
Bangalore- Mysore stretch the most sought after real estate in the region. The Bangalore-Mysore Infrastructure Corridor, which envisages creation of five satellite towns, along an expressway between
Bangalore- Mysore has set the tone for this development. |
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Realty cools down on AIM
Still contributes 68 pc of total funds raised
Boosting India’s presence in the fast growing Alternative Investment Market (AIM) of the London Stock Exchange, three India-related companies are expected to make their debut on the bourses within next two months.
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Taj hotel for Holy City
Amritsar emerging as a major investment hub, observes Ashok Sethi
To cash in on the slice of the booming tourist industry in the Holy City, India’s leading hotel and resort chain Taj Group of Hotels has decided to establish hotel on the airport road in view of the burgeoning growth in the aviation and tourism industry.
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Nucleus for Zirakpur
Amrita Dhaliwal
Vascon is all set to launch Nucleus, a mall-cum-multiplex-cum hotel at
Zirakpur, with an investment of Rs 90 crore. This was stated by R.
Vasudevan, Managing Director, Vascon Engineers Ltd in Chandigarh. Nucleus mall in Pune has already bagged several national and international awards.
R. Vasudevan
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GREEN HOUSE
Let’s deal with barren sidewall
Neighbour’s wall can be your
canvas, suggests Satish Narula
At times there are situations when a gardener finds himself in a fix as to how to cover or decorate a place. This is common nowadays due to the present forced lifestyle with high-rise buildings around. It happens when there are tall buildings in the neighbourhood and there is a wall of the neighbour, which is exposed.
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HOME DECOR
Build on budget
Cost per square foot is often higher for smaller homes, says
Devendra Malik
Dreaming of building a new home but worried about the expense? If you have detailed drawings, your builder can give you a close estimate. Long before you draw up the final plans, it pays to ‘guesstimate’. Knowing how much the project might cost may help you modify plans to meet the budget.
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TAX tips
Dividing plot for two houses
by S.C. Vasudeva
Q. I purchased a plot of 600 sq yards in urban area in 1998 for Rs 10 lakh. One of my friend, who is a builder, wants to take this plot and build two houses of 2,500 sq feet covered area, each of similar design for both of us on this plot on 300 sq yards each.
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