bangalore5.com

Tuesday, 20 December 2016

GLASS GIVES ELEGANT LOOK

It is only recently that Glass has emerged as a Viable Option for Decor Purposes. As glass is so fragile, few opt for it except at a subdued or minimal level. Most people underestimate the usefulness of this material in changing the appearance of the interiors if used in the right way. It will not only enhance, but transforms the decor of any place.

There are many forms in which glass may appear as part of a room. That depends on the Texture and Treatment it receives. It can be present as doors, roofs, partitions, floors, as part of a wardrobe, furniture or as artifacts and individual pieces. A plain glass door for a Library would look better with Beveled Edges but when it is used for a partition there are several options. A partition serves the triple purposes of giving privacy, marking off a section as well as being a Decorative, Artistic Piece. Treatments such as Slumping, Multi-layered Etching or Cluster work in the glass make a Stunning Partition.

Depicting flowing water, intricate designs etc., can be embossed on sheets of glass by multi-layered Etching and Cluster work. Another option is shattered glass in which a piece of glass is kept between two others and the centre piece is shattered, rendering a striking effect. This provides a focus for the decor. A Glass Door in the place of Wood can also be Structured to show the Grains of Wood. A Mesh Glass or a Door in which pieces of Slumped Glass are set in an angle can be used for a Pooja Door, thus giving Ventilation and Privacy.

The decor appears lighter and there is at the same time light, Ventilation and Privacy where necessary. Breaking up the wood, finish of a wardrobe with Ornamental Glass gives it Openness and Artistic Taste. A glass partition helps you to close off one section without creating that explicit impression.

A glass wall that reveals the Beauty of Garden is Fresh in its Effect and a Glass Path that leads to the Entrance with Water Having Marine Life Flowing Underneath gives a Splendid Effect. Roofs too can be made of Glass. It can be utilized in an open Skylight Area to provide Ventilation and Structuring of the glass can be done according to it. Having a Tiled Glass Roof is a good idea.

As open bathrooms are much in fashion, glass partitions will lend openness and help in demarcating the area. A glass wash basin next to a dining section will look Sleek and be useful at the same time.

Peppering the furniture with glass decoration relieves the monotony and adds elegance. Novel ideas like, Odd-shaped glass for Coffee and Dining tables, Small glass display pieces etc., would be Artifacts worth displaying. You can even have Glass Sofas or Centerpieces balanced on pieces of glass kept on top of one another or a bar cabinet that appears as a block of melting ice. There is no end to the Imaginative ideas that the Glass can Portray.

FOR MORE

INSURE YOUR HOME LOANS

Insurance is a method of mitigating risk. And the same logic applies to housing insurance as well. There are two aspects of housing insurance. First insurance is for housing loans and second insurance is for the house property per se.

A major deterrent for housing loans is the risk involved. Some people are reluctant to take a housing loan because of the risk involved. The loan amounts are large with tenures ranging from 5-30 years. There is a risk of not being able to repay the loan because of some unforeseen event happening in the life of the Borrower. The question that bothers some is, ‘what happens in case the sole earning member meets with a mishap? How would the housing loan get repaid by the surviving members of the family of the Borrower?’

At the same time, a Bank is also concerned about recovery of its dues in a simple a manner as possible, without having to go through the long and tedious process of enforcing the mortgage. With changing times, Banks have come out with new and innovative schemes. This has been complemented by an upsurge of insurance companies. They provide security for repayment of loan in case of untimely demise of the Borrower. Private players are entering the insurance market, and many new products have been launched. These give a wide variety of options to protect a home loan. Many products are flexible and suit the requirements of the Borrower.

The premium can be for pure risk cover or they may cover both risk and investment objectives. Many variants of the insurance schemes are available in the market depending on the requirements. The insurance cover can be for a pure insurance purpose or for insurance and investment. The premium payable and the returns vary accordingly.

Various optional add-ons can be combined, including critical illness cover, term rider cover etc., on payment of extra premiums. These optional benefits are to suit the specific needs of the individual.

The second aspect related to housing insurance pertains to insurance for the house property per se. This applies to constructed property. The insurance company covers risks of damage to property by earthquake, flood, lightening or other specified risks. In case of such damages, the insurance company makes good the loss suffered by the insured.

In case, one opts for the pure insurance product, only the risk is covered, i.e., the risk of non-payment due to demise of the Borrower. The premium is low in such a case. This is a term insurance. After the repayment of the loan, the Borrower does not get anything. The insurance cover comes to an end on completion of loan repayment.

In non-participating, pure risks cover plans, no benefits are payable on survival at the end of the policy term. The sum assured under the level term assurance plan is paid to the beneficiary. There are no maturity benefits on survival till maturity.

In case of insurance plus investment products, the product covers the risk and also promises a return on the expiry of the loan period. The Borrower gets back the sum assured along with the accumulated bonus on the expiry of the loan period. The premium payable is higher in such a case.

Some Banks give free or concessional cover. In some cases, the entire premium for the tenure is collected in advance on the basis of the rate applicable to the particular age group. The premium depends on the loan amount, sum assured, and the age of the Borrower. The sum assured is equal to the outstanding loan amount. In addition, in some cases, the property itself is insured for the loan amount to prevent any loss on account of damage to it.

FOR MORE

Sunday, 18 December 2016

A FEW TIPS ABOUT REALTY INVESTMENTS

The land venture has furnished a few financial specialists with positive pay, charge points of interest and fulfillment of building an: interest in an exceptionally unmistakable quality. On the other hand, as in the other venture, there are a few intricacies and patterns inside of the business sector that require to be comprehended for serene ownership and joy of the property. There are a larger than average scope of financial specialists who contribute their well deserved money while not a radical examination of the reports furthermore the validity of the merchant and consequently arrive themselves into issues when their venture. Along these lines, it's important to require a few safety measures before speculation.

Interest in property conveys with it a fabulous potential for making riches and it needs taking some without a doubt troublesome decisions. Reinvestment inside of the property and time administration all wishes cautious thought.

Property speculations are the sparkling lights in your own or business cash portfolio. The majority of made speculators have without a worry in the world properties. You should mean to curtail your obligation as in the blink of an eye as you'll have the capacity to by re-contributing your cash back to your property contract installments that progressively raises your web esteem. Do your arrangement. Try not to accomplish something alone. Work with experts or checked made financial specialists to abstain from ending up in control.

By situating yourself with the best possible talented you'll have the capacity to stay away from the without a doubt basic errors so you'll have the capacity to ensure a brilliant return on your venture. Income, capital gratefulness, charge focal points, related pride of ownership are only a couple of the things that require to be tended to before you make a venture.

An accomplished realty talented can render frightfully supportive administration in assessing your longings and in recommending you suitably. Affirm that you just have the correct specialists. Anticipating consistent gratefulness inside of the cost of the property is extremely troublesome if unrealistic for the unseasoned entrepreneur. Property that grub away cash month to month will deplete your capital. This will deliver anxiety, dissatisfaction and turn out to be entirely agonizing. A strain on your wage could make you offer the venture before the upsides of ownership are ever finished.

Check everything with respect to the property into record devolution history, rents, installment of charges, costs; stores and so forth raise the inhabitants in regards to tormenter issues, auxiliary damage or consistent issues. Try not to neglect something. Once fund your well deserved money make certain and use sound business judgment. Protect yourself against the dangers that take up with speculation property. Take protection ensure your property. The rundown of records to be inspected furthermore the statutory should be culminated is horribly a few. they will encapsulate getting Building licenses, adherence of zoning laws, building bye-laws, examination of rental and lease deeds, if any, examination of advance archives, investigation of title deeds, and so on. In case you're not prepared to appear into these archives yourself then it's vital to have communication a confirmed proficient to endorse those for you and singularly then you will finish up the arrangement. However regardless of it will be don't imagine to make love alone.

Do far reaching historical verifications on any forthcoming inhabitants. Past landowners, managers, cash references, credit and judgments ar all exceptionally essential. In the event that there are any inquiries do intensive examination. Drive by their past living arrangement. Fairly work direct will spare gigantic issues later.

Charge honest rents, approach your occupants with deference and react as fast as feasible to their yearnings. it is a ton less costly inside of the long-standing time to require consideration of the little issues before they get to be enormous issues. Get letters from occupants affirming the remaining of residency.

Ensure their adaptation of the rental or lease assention compares with the venders understanding.

FOR MORE

Thursday, 15 December 2016

WOMEN’S PROPERTY RIGHTS

WOMEN’S PROPERTY RIGHTS

Earlier women did not have any rights in the property and they were at the mercy of the male members of the family. Joint Hindu Family, unique institution, acted as refugee home of many women and widows and with the disappearance of the Joint Hindu Family, the plight of women worsened.

Successive governments have enacted various laws aiming at improving / conferring property rights to women. Hindu Women’s Rights to the Property Act, 1937, deals with the rights of Hindu widow, on her husband dying without making any will. In such cases, the widow or widows are entitled to the share of the property as that of a son. But, her interest in the property, Hindu Women Estate, is limited interest.

Karnataka Hindu Law Women’s Rights Act, 1933, confers limited rights in the property to any women. This limited right is called limited estate, where women do not have right to disposal of the property by sale or by will. Women had full estate rights i.e. absolute power including that of disposal by sale / will in Stridhana property. Stridhana includes ornaments, apparel, gifts received and property acquired by her savings.

The Hindu Succession Act, 1956, brought out revolutionary changes in the property rights of women. Section 14 of the Hindu Succession Act confers absolute rights to a female in any property possessed by female Hindu. The rights are of full nature including unfettered rights of disposal of property.

Section 14 of the Hindu Succession Act covers both movable and immovable property acquired by inheritance, devise, partition, in lieu of maintenance, arrears of maintenance, gift, property acquired by her own skill, purchase, prescription, or in any other manner and also includes Stridhana held by her before the commence of this act. This absolute right operates retrospectively, since Section 14 refers to the properties acquired before or after the commencement of the act.

Another area which was improved upon was the Co parcener’s property. Co-parcener’s property is a Hindu undivided family property. The members of Hindu Undivided property are called co-parceners who are related to the head of the family and attain the right in the property by birth. The Co parceners include relatives within four degrees including Kartha. Earlier females were not members of co-parceners hence were denied succession to the ancestral property. Many States such as Karnataka, Andhra Pradesh, Maharashtra, Tamil Nadu, Kerala etc. amended the Hindu Succession Act 1956.

Amendment to Hindu Succession Act in Karnataka came into effect on 30-07-1994. This act gives equal status to women as that of a Male. She becomes a member of Co parcenary by birth in the same manner as that of a son.

On partition of the co-parcenary property women is entitled to equal share as that of a son. The property so acquired is capable of being disposed by her through will or any other testamentary disposition.

In certain cases the ancestral house may be the co-parcenary property. Such houses are generally, wholly occupied by the members of the Joint Hindu Family. In such cases, the female member cannot force a partition of such ancestral house unless other male members in occupation of the house opt for partition. But, the unmarried daughter, a married daughter deserted or separated from her husband or a widow is entitled to a right of residence therein.

FOR MORE

Wednesday, 14 December 2016

WATER SHORTAGE

WATER SHORTAGE

The most indiscriminate wastage of water and pollution of it has reached the highest level in our country. The water shortage in Indian cities and the ecological imbalances are resulting in inadequate rains in the country. The writing was on the wall for every one to see, yet there was no preparedness to face it. No new sources were searched, no new schemes to augment water supply were found.

According to Indian Institute of Tropical Meteorology, Pune, the mean rain fall has come down by four per cent between 1965 and 2006. But the usable rain fall for the same period has decreased by 12 per cent. A satellite study by the American space agency NASA conducted shows that the ground water reserves have gone down drastically. In the farming fields all over the India, the crops are drying. Kharif crops in the country is decreasing by 25 percent and the area under the oil seeds has also gone down by 0.70 million hectares. Indiscriminate cutting of trees, has resulted in drought in majority of the parts of the country. It is high time, which is running fast, that we take stock of the situation and put all out efforts to conserve water.

Technology for desalination plants is available to us. We have been talking of desalination plants for more than two decades, but have never been implemented. However, it has been implemented in Chennai successfully. The cities are on the development mode because of the influx of the people. The civic planners in India are not paying any attention to the growing population needs. Water is the most essential and first important need of life, not only for drinking but also the source of food production, so the authorities should wake up and take immediate necessary steps.

FOR MORE

Tuesday, 13 December 2016

Economy in Construction

Economy in Construction

Only a couple of years back, market for a Builder was booming. He was least worried about the cost of construction. His profits were high, even though he was not selling, people were buying from him. With recession, everything has changed and competition was created. They had plenty of options. They could now bargain, and have lucrative deal for themselves. Builder’s profits are naturally dwindled. And for the first time, he started thinking about economising, finding ways to save on construction cost, so that he can stand in competition and continue to be in the market.

With Multi-National Company’s coming in, it is no more amateurs’ market. Builders, with adequate financial support, with proven past record, capable of producing good quality work; delivering goods in promised time, will only survive. With this background, economy in construction becomes even more important.

Economy has to be targeted without compromising in any way on quality, amenities, specifications, and/or delivery schedules. Economy in construction, could be achieved by reducing on wastages and pilferages, reducing on inventories, repeated uses of shuttering material, and saving heavily on construction time, through better management techniques, use of computer, information technology etc.

Wastages on site could be kept in check by not storing too much material on site. Proper way of storing materials is very important. Limited stacks, leveled stacks do help in reducing wastages of materials. Materials should be ordered, as and when required. Double (or repeated) handling of materials is to be avoided, as this increases breakage, and also adds to transport charges. Unloading of materials in planned manner and near to final working place saves on lead charges. Working out the quantities of materials in advance and having periodical check on the same will signal management in good time, any attempt on pilferage.

Builders, have craze in ordering full quantity of materials, thinking that if the materials are available on site, then what they have to look after is arranging only labour in getting speedy completion of work. But that is not true. Many times specifications, amenities are to be changed on technical reasons and/or as required by the planning/sanctioning Authority or by Client for that matter. Materials, already ordered or brought on site, then are unnecessarily wasted. More materials dumped on site, also results in more wastage and pilferage of materials. To get the quantity discounts, material rates could be negotiated on full quantities, with schedule of deliveries well defined. This will ensure that the materials are available when required, but payments are made only after deliveries are actually made on site. In business, funds are always short; funds are often arranged on heavy interest. Blocking money in unwanted stocks is therefore foolish and unpardonable.

Different ways should be found to save on technical grounds. Designing of shuttering materials and repeated use of the same will pay big dividends. Providing full beam from lintel to slab level, especially in residential buildings, will save lots of valuable time. Working on concrete-mix-design and using M20 concrete (instead of M15) will save cement, without any harm. PPC cement (33 grade) is cheaper by about Rs.6/- per bag. Use of PPC Cement for Masonry and Plaster, will not only save in cost, it will also minimise wall (temperature) cracks and resultant leakages and seepages. Where time is constraint, part use of steel fabricated member can come to help. While civil work progresses on site, fabricated members could get ready in workshop. From finished concrete, one can save cost of hacking and plastering and also construction time. Standardisation and Pre-casting could bring in major saving in cost. Construction time is saved. Finishing, like rendering and plastering, become redundant. Precasting saves time and money.

Besides, precast members invariably, look thin and elegant. Spot welding, of reinforcement, not only saves binding wire; it keeps reinforcement in proper place, thus giving better strength. Labour is no more cheap and mechanisation will definitely help in turning out large volumes of work in shortest possible time.

Systematic and planned manner of working will bring economy, as it will reduce rejections and/or repairs. In construction, it is now or never situation. Constant supervision is the ‘mantra’. It is very difficult and expensive, almost impossible to demolish and redo any work. Sometimes, it is even not possible to carry out any major alterations. It is recommended to avoid trails and experiments and to adopt only tried materials and methods.

Negligence, in proper use of materials, is criminal waste. With Global competition, it would be difficult to sustain, if we do not economise in all possible ways, in construction costs. Nevertheless, quality and time schedules are indeed to be met with.

FOR MORE