Magicbricks Research Moderator says: Taking this blog forward, we would like to feature user queries more often. To begin with, we present Monisha’s query. She wants to invest Rs 5 lakhs in real estate for just 2 years. Should she buy a flat or invest funds in bonds floated by developers?
This is your chance to answer Monisha’s query. Type your suggestion in the ‘comments’ section. Get going here…
Your query can also get highlighted on this blog. Just post your questions and concerns to editor@magicbricks.com.
Monisha’s Query: "I want to invest Rs. 50,00,000/ in real estate for maximum period of two years. What is the best mode of investment? Please advise."
May 29, 2007
May 25, 2007
Will multiplex compound Savitri woes?
Magicbricks Research moderator says: Savitri Cinema, a prominent landmark of South Delhi is slated to become a mall and multiplex soon after the High Court cleared its redevelopment. However, residents complain that no attention has been paid to how it will put further pressure on an already weak infrastructure.
Dear reader, what do you think? Should urban planning be imposed as a prerequisite by a court when passing an order that affects quality of life? Please share your views here...
Dear reader, what do you think? Should urban planning be imposed as a prerequisite by a court when passing an order that affects quality of life? Please share your views here...
May 17, 2007
Concerns of residents over MCD-SC battle
User Query: I have spent yet another sleepless night. And it’s again about the demolition drive.
I stay on a legally sanctioned third floor in Lajpat Nagar. The Supreme Court’s latest ruling stays the construction of an additional third floor on new buildings. However, this order doesn’t specify anything about existing buildings. But the MCD has stopped accepting penalty charges for regularisation of overbuilding on the third floor. The amnesty scheme will finish on May 30. I believe the court will also adjourn for the summer soon. We have no idea where all this leaves us. Have my investments gone down the drain or is it that the SC says there will be no new third floor sanctioned. The MCD says it does not know.
- Priya Yadav
Magicbricks Research moderator says: Dear reader, have you been affected by the drive? Is your house/shop on the third floor? Do you feel threatened by this order? Can residents be penalised for obtaining sanctions for buildings that were passing muster till now?
Let us know what you feel on this topic. Share your views here.
To answer any post, please click on 'comments' and type your reply in the pop-up window.
I stay on a legally sanctioned third floor in Lajpat Nagar. The Supreme Court’s latest ruling stays the construction of an additional third floor on new buildings. However, this order doesn’t specify anything about existing buildings. But the MCD has stopped accepting penalty charges for regularisation of overbuilding on the third floor. The amnesty scheme will finish on May 30. I believe the court will also adjourn for the summer soon. We have no idea where all this leaves us. Have my investments gone down the drain or is it that the SC says there will be no new third floor sanctioned. The MCD says it does not know.
- Priya Yadav
Magicbricks Research moderator says: Dear reader, have you been affected by the drive? Is your house/shop on the third floor? Do you feel threatened by this order? Can residents be penalised for obtaining sanctions for buildings that were passing muster till now?
Let us know what you feel on this topic. Share your views here.
To answer any post, please click on 'comments' and type your reply in the pop-up window.
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