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Nothing Old about Mahabalipuram Road
Good Old Mahabalipuram Road, now known as the IT Highway, is the latest beehive for real estate development. Property prices here are shooting up despite the absence of potable water or a drainage system, reports PRINCE FREDERICK
How realistic are guideline values?
Both the buyers and sellers suffer on various counts because of a wide gap between the guideline value and the market value of a property. S. SHIVAKUMAR takes a look at the scene, presenting views of some realtors.
For design and decor
There are several additions to the rich family of wood, and wood-substitutes are one up in the race, for they lend themselves to design and are also economical.
DESIGNSCAPE
Lend your stamp to interiors
As living spaces mirror your mind, your lifestyle should find some honest expressions.
VASTHUVIBES
Influence of the five elements of nature
The positions of water, fire, soil, space and air found in proper order determine the evolution of vasthu in an enclosed property.
REALTYSPEAK
Going flat out for water
Water wars are nothing new. But what does it take to save that precious drop which could make a difference to apartment life? Read on...
Vasthu Purusha Mandala
A clarification on the illustration of Vasthu Purusha Mandala that appeared in the issue dated January 31. A number of readers presumed that the head of the vasthu purusha was in the northwest direction. It is not so. The head should be ...
Before you buy a plot...
Points to be considered before buying individual plot and construction of a residential building. Check whether the seller has a right over the property. Check whether the layout has been approved by the CMDA (Chennai Metropolitan ...
Forum

Capital Gains Tax
Question: I own a plot of 3200 sqft and a house of 650 sqft on it at Devarajnagar near Koyambedu. The builders are after me for partnership to build flats or outright purchase. Which one is preferable? Suppose I sell the property for Rs. ...
EMI formula
Question: What is the formula to be applied to calculate the EMI of housing loan for different rests? K.R. Narasimhan Chennai Our panelist, T. M. Aaditiyaa, Chartered Accountant, replies: The formula for calculation ...
Benefit of indexation
Question: This is with reference to the article by T. M. Aaditiyaa dated January 31, 2004. I would like to bring to your notice that the author has overlooked the fact that the benefit of indexation is not available on short-term capital ...
Repairs on a common boundary
Question: I am residing in the second floor of a residential apartment in Chennai. I purchased it three years ago. We have also formed an association of flatowners. Two years ago, there was leakage in the ceiling at a corner. I reported ...

CASHWISE
On acquisition and more
An overview of what is involved in purchase or acquisition of a property for an assessee.
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