Maan builder

07/12/2021

https://youtu.be/6ZLni5BfB1Q

02/12/2021

https://youtu.be/CIdtDszub9E

26/10/2020

https://youtu.be/ojXcj3UWFoM

Nursery class drawing activity Ravaan/ Ravan puppet Dussehra 2020

12/07/2020

https://youtu.be/LUPAuKbYXTc

Speak Instead Of Remaining Silent/Parler Au Lieu De Rester Silencieux

12/05/2018

Walmart is buying 77 % of Flipkart from existing shareholders, including Japan’s SoftBank, for $ 14 billion and investing $ 2bn of fresh equity.

Flipkart as e-commerce marketplaces -- a segment where 100 % foreign direct investment (FDI) is allowed.

Flipkart gives Walmart an online presence which had been handicapped by India’s retail policy that does not allow overseas companies to sell directly to consumers (except in wholesale cash-and-carry segment).

24/07/2017

Builders will have to give 5-year warranty against structural flaws as per RERA
The Economic Times

While RERA or Real Estate (Regulation and Amendment) Act, 2016, will slowly change the way the real estate industry operates in India, the Act has also thrown open a few aspects that need extensive deliberation. One such issue is the liability of developers to provide for workmanship for structural defects for a period of five years. RERA lays down that "In case any structural defect or any other defect in workmanship, quality or provision of services or any other obligations of the promoter as per the agreement for sale relating to such development is brought to the notice of the promoter within a period of five years by the allottee from the date of handing over possession, it shall be the duty of the promoter to rectify such defects without further charge, within thirty days, and in the event of promoter's failure to rectify such defects within such time, the aggrieved allottees shall be entitled to receive appropriate compensation in the manner as provided under this Act." Undoubtedly, this is the first time that such a provision has been introduced and its applicability may become a headache for developers in times to come.

17/07/2017

GST rollout a setback for real estate in city, no new constructions started

TOI:
Last year’s demonetisation and the July 1 rollout of Goods and Services Tax have affected the already struggling real estate sector.
Dehradun alone has over 100 group projects where thousands of flats are under different stages of construction. Real estate industry insiders say that building maps of over 14 projects have been cleared by the Mussoorie Dehradun Development Authority (MDDA) till June end but no new construction has started in the hill capital.
A city-based builder Sharad Aggarwal said, “The cost implications of the GST on the real estate market are now showing up as the raw material whether iron, steel, sand or other things have grown up between 10 and 15 per cent. And this has slowed down the work at sites.”
He added, “Now buyers will have to pay 15 % GST at the time of purchase of the flat.
The real estate business has become more complex after GST. Unlike other businesses, purchase of a flat is a long process and the entire exercise has several components. “Unlike other businesses, money involved in the real estate is big. The input cost has increased between 10% and 15% and at present the builders are keeping documents of purchases and paying the GST. However, its adjustment and correlation with the pricing is going to be a complex thing,” said Kirti Sharma, another builder.
Experts said that the real effect will be on projects nearing completion as the cost would be higher. “Buyers would have to pay 15% GST as per the slab and the builder will have to work out the GST calculation of the project before selling the flat, this makes things complex for everyone,” said an industry insider.

18/05/2017

AUCTION OF PRAGATI MAIDAN LAND FOR FUNDS
The Times of India



The India Trade Promotion Organisation (ITPO) will auction 3.7 acres prime land in Pragati Maidan to raise funds for building the country's biggest exhibition-cum-convention centre. The money will be used to build a 500-room hotel for guests. Announcing this, ITPO chief L C Goyal said that the project would require Rs 2,250 crore. ITPO will pump in about Rs 1,200 crore. "The Cabinet has approved that we can raise institutional loan from banks and financial institutions. We have about 3.7 acre land, which we will be monetising. I personally feel that the successful bidder should get this land on freehold. But the decision will be taken by the Union Cabinet. We are moving a proposal seeking Cabinet nod," he added. Goyal said another Rs 800 crore will be spent for overhaul of the road infrastructure and connectivity around Pragati Maidan. At least 80% of this amount will come from the urban development ministry.