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Muskan Aggarwal

Muskan Aggarwal
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Light up your pooja room with these fascinating light ideas

By
Muskan Aggarwal
-

Light up your pooja room with these fascinating light ideas

Traditional beliefs stipulate your pooja room should forever be adequately lit. Though, in today’s contemporary residences these favourable areas have dwindled to cabinets, mandaps, or a simple frame. So, is there space to play around with pooja room lights? We think so! And we also suppose with smaller rooms, the massive lifting falls on pooja room lights to make the area seem large and warm.

These are different lights that will beautifully light up the Pooja room and at the same will maintain the divine feeling –

  1. Tiny Spotlights

If your pooja room isn’t a proper area and is wedged into a closet, focus lights will do marvels to make the region pop out. Don’t think of intense spotlights, but murky lights that give the area an extremely metaphysical twinkle like the contemporary home above. The focus light radiates the dark, narrow area between the living room and kitchen, giving rise to the goddess into the limelight. It’s a small investment, and we positively feel it trumps traditional lamps and diyas.

  1. Use lighting with fascinating

impacts

Embellish your puja room and light it up at a similar time, by using light appliances that project fascinating patterns. This inverted dome streamer light with its sophisticated jali-like work casts incredible shadows and patterns to add further profundity to the space – and a slight pinch of magnificence.

  1. LEDs ceiling lamp

A ceiling lamp will be perfect for your pooja room to decorate. This lamp will complement any ceiling/rooftop and bring a splash of beautiful colours to your pooja room. The combination of colours in the LED ceiling lamp mosaic is just magic. The lamp will cast a wonderful pattern over its surroundings as the warm light filters through.

  1. LED diyas and lightning

Electric diyas have made it simpler for us to light our homes and pooja rooms. No more wasting time on oil and battis to light up the diyas because electric diyas are here as the saviour! Similarly, a string of LED lights, (popularly known as China lights), have been dominating the market for quite some time now. They are easy to handle and use, beautiful to look at, and most importantly come at cheap prices! What more could you have asked for!

  1. Let in nature through skylights

Use skylights where there’s no place for conventional windows – or even otherwise. As skylights create gallery-worthy lighting, they are a great option for a puja Ghar to highlight idols that are also pieces of art. Various designs in skylights allow you to control the amount of light that filters in. A version of skylights, these tiny window niches punctured in the wall filter light the same way as skylights.

In Navi Mumbai development work has started on Seawoods plot Environmentalists

By
Muskan Aggarwal
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Last week TOI had reported that the Seawoods plot MahaRera certificate was recently acquired. In 2018 Cidco had given building permissions to the developer and the MahaRera project is registered on these permissions.

In Navi Mumbai development work has started on Seawoods plot Environmentalists

On Sunday in Navi Mumbai, at Nerul sector 60, heavy machinery like a JCB was seen inside the Seawoods plot, regarding this matter environmentalists of the area complained to state authorities and they claim that Nerul’s Sector 60 is a wetland.

TOI, last week had reported that the Seawoods plot MahaRera certificate was recently acquired, although in the SC legal dispute is ongoing. In 2018 Cidco had given building permissions to the developer and the MahaRera project is registered on these permissions.

Sunil Agarwal the head of Cidco said “Besides MahaRera, I have also complained to the Bombay high court-appointed wetlands grievance redressal committee that no work commencement should take place inside the 2.7 hectares of pockets D and E at Seawoods as this is a wetland, and the matter is currently pending in the SC. The builder had somehow taken the MahaRera certificate without disclosure of pending litigation and showing an earlier Cidco approval document (before October 2018).”

“On Sunday, heavy-duty machines were seen doing work inside the plot. Earlier, in January 2020, nearly 700 trees were cut on this site, which we had objected to.”

“I have seen Agarwal’s fresh complaint on the Seawoods plot, which is part of the 35.6-hectare land where a golf course and realty plots were planned. I will place this matter before the wetlands panel on Monday so that action can be taken to stop further developmental work” said the Environmentalist and member of the wetlands protection panel, D Stalin.

Through digital monitoring platform urban amenities to be brought in Jharkhand

By
Muskan Aggarwal
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With the help of the state urban development department, the centralized portal will be implemented and it’ll be a part of the National Urban Digital Mission.

Through digital monitoring platform urban amenities to be brought in Jharkhand

For providing all citizens-centric assistance in urban areas of the state, Jharkhand will soon boast of a centralized digital infrastructure. To enhance the governance the centralized portal will not only deliver services but will also support in monitoring and timely delivery of citizen services.

With the help of the state urban development department, the centralized portal will be implemented and it’ll be a part of the National Urban Digital Mission.

In a meeting of the state urban development department officials along with a visiting four-member delegation headed by the Director of the National Institute of Urban Affairs (NIUA) Hitesh Vaidya the planning was reviewed.

Ideas implemented in the state will also be incorporated as part of the NUDM (National Urban Digital Mission). Also, the delegation held discussions about current reforms and initiatives which are being implemented in the state.

For modifying ease of living for citizens and fostering electronic delivery of municipal assistance across all 4,400+ ULBs of the country NUDM is being anchored by NIUA which was inaugurated by the Ministry of Housing and Urban Affairs along with the Ministry of Electronics and Information Technology for improvement.

Amit Kumar, Director of the State Urban Development Authority (SUDA) said: “We have citizen-centric services like issuance of birth/death certificate, building plan approval, property tax collection, issuing trade license among others which are being done online. But it is being done by respective ULBs and they are working in isolation. However, when we have a central portal which will have a dynamic database with service delivery options using technological interventions, it will help us in real-time monitoring as well as in clearing backlogs of services.”

“For example, if all ULBs in the state relate to a central portal, we can ascertain how many water connections have been provided and what is the current backlog and the reasons behind it with a click. It will also help us in monitoring pending work and can take remedial actions for clearing the backlogs.” he further added.

On Ranchi smart city campus Vaidya also visited the control and command centre and said for people living in urban areas, practices in the state are appreciable and the integration of all citizen-centric services will be a boon.

“The surveillance centre in Ranchi smart city is world-class and this model can be taken up for replication in other states too,” said Vaidya.

A visiting team to incorporate a real-time monitoring system for solid waste management has been requested by urban development department officials of the state.

It is done to monitor the disposal of solid waste generated in urban areas on a real-time basis at all ULBs.

Thailand’s central bank eases mortgage rules to support the property sector

By
Muskan Aggarwal
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Officials said to increase activity in the real estate sector loan-to-value ratio limit has been lifted. Until end-2022 it has been lifted to 100 from 70-90% which will take years to recover. On Wednesday the rules were effective.

Thailand's central bank eases mortgage rules to support the property sector

On Thursday, officials said, to boost a key property sector struggling from the impacts of the pandemic, the central bank of Thailand has further eased rules on mortgages.

Officials said to increase activity in the real estate sector loan-to-value ratio limit has been lifted. Until end-2022 it has been lifted to 100 from 70-90% which will take years to recover. On Wednesday the rules were effective.

Roong Mallikamas, an assistant Bank of Thailand (BOT) governor, said in a news conference, “Uncertainty remains high and some sectors are still fragile, so measures have been introduced to stimulate the economy and increase jobs.” She also mentioned that where there is little sign of speculation these measures will be for them including housing loan contracts, refinancing, etc.

Senior BOT director Don Nakornthab said the property sector accounts for about 10% of Thai gross domestic product (GDP) and employs 2.8 million people. GDP growth of 0.7% can be seen this year according to the BOT forecast and in 2022 it can be 3.9% following a 6.1% slump last year.

In early 2023, Southeast Asia’s second-largest economy is expected to return to pre-pandemic levels, but the property sector will take much longer to regularize, Don said.

He further added “The economy has already bottomed out. But without additional measures, property sector activity is not expected to return to pre-crisis levels until 2025.” The finance ministry is also considering extending some property measures to help the sector, Don said.

Don said, “We are hoping the measures will help the property sector recover faster.” The easing of regulations, jointly with any extra measures, is anticipated to boost home loans by about 50 billion baht ($1.5 billion) per year.

U.S. homebuilding fell due to shortages of inputs

By
Muskan Aggarwal
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The commerce department said that housing starts dropped 1.6% to a seasonally adjusted annual rate of 1.555 million units last month. From previously reported 1.615 million units, data for August was revised down to 1.580 million units.

U.S. homebuilding fell due to shortages of inputs

In September U.S. homebuilding in Washington suddenly fell due to continual scarcities of inputs and labour that are having adverse effects on the overall economic activity and the housing market.

On Sunday, the commerce department said that housing starts declined 1.6% to a seasonally adjusted annual rate of 1.555 million units last month.  From previously reported 1.615 million units, data for August was revised down to 1.580 million units.

Forecast by economists polled by Reuters indicated that start would rise to a rate of 1.620 million units. Permits for future home building declined 7.7% to a rate of 1.589 million units last month. Building materials, like windows and electric breaker boxes are in short supply. In recent months, though lumber prices have tumbled, the lower prices have yet to filter through to builders.

Pushed up prices across all segments of the economy is due to the strain of the supply chain by the COVID-19 pandemic and its upending of labour market dynamics.

Starts have declined from the 1.725 million unit-pace level scaled in March which was more than a 14-1/2-year high. There is a huge backlog of houses authorized for construction but not yet started.

On Monday, a survey from the National Association of Home Builders showed a positive response among single-family homebuilders rising further in October, but noted that “builders continue to grapple with ongoing supply chain disruptions and labour shortages that are delaying completion times.”

Early in the coronavirus pandemic, the housing market was heightened by an exodus from cities to suburbs and other low-density locations as Americans aspired to more large accommodations for home offices and online schooling.

That tailwind is declining as employees return to offices and schools reopened for in-person learning, thanks to COVID-19 vaccinations.

High inflation is also lifting mortgage rates.  For some first-time buyers rising borrowing costs could make homeownership less affordable.  On an annual basis in July the house prices notched record double-digit growth.

In Gurgaon and Faridabad, independent floors are more demanding Report

    By
    Muskan Aggarwal
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    According to a report by Anarock (a famous real consultant), In the first 3 quarters of 2021 so far 4500 independent flats have been launched in the two NCR regions. This accounts for over a 40% share of the same period’s total supply in these two cities.

    In Gurgaon and Faridabad, independent floors are more demanding Report

    In Gurgaon and Faridabad in the housing markets, demand for independent floors is increasing more than high-rise apartments. The main reason for this reversal of trend is a change in buyers’ preference due to Covid- 19 situation and other advantages like shorter possession time, better area plan and privacy.

    According to a report by Anarock, in the first 3 quarters of 2021 so far 4500 independent flats have been launched in the two NCR regions. This accounts for over a 40% share of the same period’s total supply in these two cities.

    The vice-chairman of Anarock in an interview with economic times, Santhosh Kumar said amid high demand, more than 20,000 independent floors are likely to be built in these two cities over the next year.

    He said, “With one flat constructed per floor, families have more space and privacy than the high-rise apartments.” He also added that the main benefit for homebuyers is that for independent floor possession time is much shorter as compared to high-rises.

    The report claimed “Besides, the builder floor developers cater to a smaller group of buyers. Therefore, they can incorporate large balconies and windows, high-quality and pre-built wardrobes, as well the electrical and plumbing fittings are superior to apartments.”

    The chairman of Trehan Group, Harsh Trehan, said during the pandemic with independent floors gaining importance, large developers having better layouts and amenities have entered the space. This is because independent floors take a shorter time for construction and provide faster monetization in comparison to large projects. During the festive season this demand can be further increased, he said.

    Navdeep Sardana, Chairman of Elite Land Base, said in an interview with Economic Times that during the pandemic shoe increasing sales indicated that buyers have begun searching for properties where they see that they can have a healthy and secure life.  He further added, “Demand for plotted developments has gone up across the country.”

    On the builders’ side, the development turnaround time for independent flats is faster than high-rises, providing an opportunity for faster monetization. Also, money generated from builder floors starts flowing in within a year, while high-rises take at least four years to pay off.

    The chairman of signature global, Pradeep Aggarwal said a boom in demand for independent floors can be seen as these provide speedy and quality construction and come along with provisions of several other premium conveniences within a secured complex.

    J&K signs MoU with Dubai for the development of real estate

    By
    Muskan Aggarwal
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    In an official statement quoting commerce and industry, Piyush Goyal said, “This MoU is a milestone after which investment will pour in from the entire globe and is a big developmental push. Different entities from Dubai have shown keen interest in investment.”

    J&K signs MoU with Dubai for the development of real estate

    In an important effort towards developing the industrial sector and different business enterprises in the Union Territory on Monday, the Jammu & Kashmir administration with the government of Dubai signed an MoU (Memorandum of understanding) for real estate development including IT towers, industrial parks, logistics, multipurpose towers, a super specialty hospital, medical college, apart from other activities. This new MoU will help Jammu & Kashmir to thrive in all different sectors including real estate.

    In an official statement quoting commerce and industry, Piyush Goyal said, “This MoU is a milestone after which investment will pour in from the entire globe and is a big developmental push. Different entities from Dubai have shown keen interest in investment.”

    To create employment and increase economic activity, the centre has been looking to set up investment flows to the Union Territory. Also, recently an economic package of over Rs 28,000 crore was announced to support this new scheme.

    Piyush Goyal, during his visit to UT, met local industrialists he discussed the issue of extending the package to existing industrial units. While assuring all possible assistance from the Centre, he also pursued to address stoppages confronted in the export of shawls with the authorities asked to set up local testing facilities.

    In addition, the minister, Piyush Goyal who also maintains the textiles portfolio, has recommended the setting up of a carpet village that will function as a demonstration centre of the local craft to attract visiting tourists and facilitate the local carpet industry globally.

    110 acres of land acquired by Sunteck Realty in Mumbai

    By
    Muskan Aggarwal
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    The primary reason for acquiring the land is to start a development project on it, the land will be used for plotted and bungalow development. Pen city will be the nearest location to the project and it has a development potential of 4-5 million sq. ft.

    110 acres of land acquired by Sunteck Realty in Mumbai

    In the media release, Sunteck Realty revealed that under the asset-light JDA (joint development agreement) strategy it has acquired approximately 110 acres of land parcel to develop a second home project along the Pen-Khopoli Road in Mumbai.

    The primary reason for acquiring the land is to start a development project on it, the land will be used for bungalow development and plotted.  Pen city will be the nearest location to the project and it has a development potential of 4-5 million sq. ft.

    Under the asset-light joint development agreement over the last 18 months in the Mumbai Metropolitan Region (MMR), the company has acquired several development projects. The company always comes with something new and innovative in their development projects and soon will be recognized in these projects.

    Kamal Khetan, Chairman of Sunteck Realty said  in an interview with Economic Times “We continue to make astute acquisitions and value-accretive diversifications within the housing real estate market, giving credence to the outlook that the industry is consolidating behind branded, financially strong developers”

    50 acres of a land parcel recently acquired by the company at Shahad (Kalyan) to start a development project with the potential of developing 10 million sq ft of the integrated residential township. The revenue generation of the project will be approximately Rs 9,000 crore.

    Sunteck Realty in Vasai west has also acquired 50 acres of land approximately. The project has a development potential of Rs 5000 crore approx. and a 2.6 million sq. fit large development at Vasind.

    4500 crore residential layout to be developed by Bengaluru development

    By
    Muskan Aggarwal
    -

    For its timely completion, a committee is formed by the Supreme Court so that the project can be monitored properly. In a board meeting, BDA approved the cost of the project. Over the next three to four years the authority, through its internal resources, plans to mobilize the revenue.

    4500 crore residential layout to be developed by Bengaluru development

    BDA (Bangalore Development Authority) in the outskirts of the city of Bangalore has begun preparing to formulate a new residential layout.  The authority has calculated the cost of providing basic infrastructure to be around Rs 4,500 crore to Dr. Shivaram Karanth Layout. 30,000 sites will be there in the layout of the 3,546 acres.

    For its timely completion, a committee is formed by the Supreme Court so that the project can be monitored properly. In a board meeting, BDA approved the cost of the project. Over the next three to four years the authority, through its internal resources, plans to mobilize the revenue.

    Funds for basic infrastructure will be contributing towards the construction of drains, roads, and electricity said the officials.  BDA has not included the cost of acquiring land in its estimation as it hopes to compensate those losing land by giving them developed sites.

    As the guidance value in these villages is extremely low, they are unlikely to opt for cash compensation. Eight sites of 30×40 square feet each will then be given to each landowner who parts with an acre of land.

    A senior BDA official said, In return, we will be able to develop around 16 sites on the same land. This will help us, as well as the landowner.” Developed sites are expected to be many times greater than the original land’s price without any basic amenities, the landowner is likely to be benefited.

    According to the Supreme Court order of providing developed sites on a priority basis to all the land losers, BDA to work on its own may have to mobilize funds for performing initial developmental works. BDA engineer said “We have been auctioning bulk sites and corner sites. The revenue received from these auctions will be used to fund the development of the Karanth layout.”

    For the first try, BDA is seriously planning to formulate the layout, which was first announced in 2007.  Across 17 villages located between Hesaraghatta and Doddaballapur, this is going to be formed.

    Of the 3,546 acres of land that was initially recognized, buildings have come upon about 1,027 acres of land. The remaining land will be accessible for the construction of layouts. Meanwhile, inhabitants want BDA to develop a different escrow account only for the betterment of this layout from the earnings it receives from selling sites.

    Due to the Nadaprabhu Kempegowda Layout mishap, the authority has been under examination, as its allottees have been waiting for sites for the last five years.

    New policy for power supply as developers fails to pay electricity charges in Gurgaon

    By
    Muskan Aggarwal
    -

    Discom Infrastructure charges of Rs 317 crore have not been paid by the 16 builders of Gurgaon colonies and DHBVN (The Dakshin Haryana Bijli Vitran Nigam) has stopped issuing new electricity connections to property owners due to this reason

    New policy for power supply as developers fails to pay electricity charges in Gurgaon

    On Saturday, Chief Minister Manohar Lal Khattar announced that the state government will be framing a policy soon to deliver permanent electricity connection to the residents of Gurgaon.  In Gurgaon, few private developers left the infrastructure works in few colonies incomplete and thus were denied the permanent connection.

    Discom Infrastructure charges of Rs 317 crore have not been paid by the 16 builders of few colonies and DHBVN (The Dakshin Haryana Bijli Vitran Nigam) has stopped allocating new electricity connections to property owners due to this reason. The decision that will be taken as mentioned by Khattar is believed to benefit thousands of residents who had bought new properties in these societies.

    As developers must clear dues to creating the infrastructure required for uninterrupted electricity supply, the people living in these colonies are encountering power issues. Around 40,000 people residing in these areas will be benefited.

    Ramesh Kumar in an interview with economic times said that “Thousands of families who have bought and constructed houses in these areas are not getting electricity connection despite having paid all the dues to the government. The announcement made by the CM will benefit several residents.”

    He had recently bought the property in Uppal Southend and was struggling to get a power connection. He had even filed a case in Gurugram court in this regard.

    The colonies that will be benefited include Sushant Lok 1, 2, & 3, Palam Vihar, South City 1, & 2, Malibu Town, Ardee City, Mayfield Garden, Uppal Southend, Suncity, Vipul world, Saraswati Kunj, and a few others.

    During the district grievance committee meeting, the matter related to problems in getting electricity connections in these societies was raised. After that Khattar announced that the State Government is forming a policy to provide connection to these areas.

    The CM said “In colonies where residents have paid external developer charges (EDC), the government will develop the infrastructure after taking money from the developers. While in cases where people have not paid EDC, they can pay the pending EDC and the department will develop the required infrastructure to provide connections,” the CM said

    According to the plan, for the construction of 18 substations of 33kVA and two substations of 6kVA, the developers were supposed to provide land and make payment to DHBVN.

    While Unitech and Ansal API must guarantee the establishment of four substations each, Vipul and Ansal Buildwell will have to develop two each, while Suncity, Vatika, Malibu Towne, Ardee City, Uppal Southend, Parsvnath, Sheetal, and Saraswati Kunj will have to build one substation each.  On the other hand, Raheja, JMD, Parsvnath, and BPTP are required to pay over Rs12 crore to DHBVN for setting up other power-related infrastructure in their colonies.

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