The concrete belt
The Punjab government’s decision to create Mullanpur NAC, including 36 Punjab villages to the west of Chandigarh, will tighten the grip of concrete around the city asphyxiating the green belt vision of Le Corbusier
This is the beginning of the end. Chandigarh, the City Beautiful, the dream project of celebrated French architect Le Corbusier is gasping for breath. Already surrounded by its all-concrete satellite towns Mohali, Panchkula and Zirakpur, the Punjab government seems to have put the final nail in the coffin of the city’s ‘green’ image.

SEZ story not all black
The merits or otherwise of special economic zones (SEZs) are under a raging debate in India but the realty industry is upbeat about the prospect of such zones and says it will drive infrastructure development in the country.

Rising high
Mumbai records Asia’s 2nd highest residential rental growth
It seems a valuable proposition to let it out in Mumbai, a day after industrial property rent growth there being named the world’s highest, the rise in residential rental in the country’s financial capital came out to be the second highest in Asia.

Housing regulator for Maharashtra
The Maharashtra government is all set to set up a housing regulator similar to stock market watchdog Security Exchange Board of India and telecom authority - TRAI.

GROUND REALTY
The best fit
Such a huge variety of bathroom fittings is available in the market that knowing the best, most economical and most durable is a tough exercise, says Jagvir Goyal
Bathroom fittings can’t be taken casually. Even a minor leakage, if persistent, steals all the novelty and charm of stylish fittings. Here are a few guidelines to help you choose best bathroom fittings:

The Tough tread
Realty stocks to face more challenging times
Global economic uncertainties have cast a shadow on India’s realty market as property stocks declined by upto 46 per cent in the first quarter of this year, and more challenging times are on the cards, says global financial services major Citigroup.

Give right direction to your business
A booming business and shops buzzing with customers are every businessman’s dream and to realise it more and more people are harnessing positive energy in business outlets by using the principles of vaastu.

Tax tips
Ownership rights
Q. I have purchased a flat from the original allotee from Improvement Trust and got it transferred in my name after paying the transfer fee of 5 per cent of the allotted price, the flats are of duplex type with separate ownership at first floor. Plot area is 198 sq yard with covered area of app 85 sq. yard. My question is

Realty Bytes
Sunteck Realty inks pact with Omani company
Mumbai: Forging the first Indo-Omani partnership in real estate, Piramal Sunteck Realty and Oman’s W.J Towell group have signed an agreement to partner each other in developing high-end and mixed-use properties in and around Muscat. Construction is expected to begin in the next three months and the project would be completed in 12-18-months, a press note issued here stated. “We are delighted to sign the first Indo-Omani real estate partnership which will look at opportunities in real estate developments in Oman,” Piramal Sunteck Realty’s Chairman, Ajay Piramal, said.

• Parsvnath to construct apartments in Sidhra