![]() Online edition of India's National Newspaper Saturday, April 03, 2004 |
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Property Plus Chennai Published on Saturdays |
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SUBURB WATCH: TIRUVERKADU Shopping made easy Glitzy malls have become big business in Chennai, and retailers are reaping large profits, says Divya Ramamurthi LEGAL CHAT Your area and common areas It is of paramount importance that the flat you are purchasing is being constructed in pursuance of an authorised plan. BRICK & MORTAR
Choosing the right flatPlanning the interiors of an apartment is as important as choosing its location. It will be best to get professional help to maximise on space and comfort.
Woods are lovely, inside the home tooFor a connoisseur of nature, wood is the ultimate. But how pleasant or difficult is it to be walking on woods at home? A look at what wooden flooring has on offer. GREEN VISTAS
Make it shine in the shade tooArtificial plants may be easy to maintain but remember that the reason why natural plants are preferred is that they breathe with you and add to the microclimate. 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 ... Before you buy a flat... Check whether the promoter/power of attorney has a right to transfer the undivided shares of land. Verify whether the entire undivided shares of land have been transferred by the land owner/promoter/power of attorney to you. Land ... REALITYSPEAK
Maintenance mattersMaintenance charges and maintaining harmony are inter-linked in an apartment complex, and when some fail to pay, the plight of those in charge is only unenviable. `Green channel' facility APPLICATIONS for CMDA approval can be made using the `green channel' facility. The scheme has been introduced for the following categories of developments dealt in CMDA: Ordinary residential building (i.e. ground + 1 storey building with ...
Adverse possession Question: This refers to `Feeding the grant by estoppel' vide Legal Chat (February 21). How is it interpreted in the following case?. 1. Two adjacent house property owned by Mrs. `A'on a 2000-sqft of leasehold land. Mrs. `A' sells one ... Car parks Question: 1. We propose to build a set of flats with a covered car park in the front at a plot in T. Nagar. The road width on the front being 30 ft., the required setback is 5 ft on the front. a. What is the allowed FSI? b. ... Exemption in Specified Bonds Question: In March 2003, I sold my property at Nanganallur and the long term capital gains worked out to Rs. 8 lakhs. I filed my first IT return for the FY ending 31.3.2003 duly indicating the above. I want to buy a property in Triplicane ... Rebate under Section 24 Question: I am an employee of a Government of India undertaking. I had taken a housing loan from my employer in 1992 and purchased a flat, and am getting rebate on the interest paid for the loan under Section 24 of IT Act. Now, my children ... Capital gains on farm land sale Question: I have sold 2.87 acres of agricultural land situated at Irrumuthallai village, Papanasam Taluk, near Kumbakonam, to my tenant for Rs. 47,800. The guideline value as declared in the document and accepted by the Sub-Registrar, ... UDS sale and exemption bonds Question: We had an ancestral house property in T. Nagar, Chennai, acquired in 1936 in the name of our father. After the demise of our parents, we the legal heirs (brothers and sisters) entered into a joint development agreement with a ... Plot direction Question: My plot faces South and my house has been constructed in the East. What is the consequence because of such a plot direction? Will it be preferable for me to reside in that house? Kanchana Bachala, By email Our panelist, ... GUIDELINE VALUES AMINJIKARAI HOME LOAN RATES - FLOATING HOME LOAN RATES - FIXED |
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