RWABhagidari - RWAs Online News Channel

Tuesday, November 1, 2011

Another price hike in Petrol expected soon ?

Yeah ! there is a news that prices of petrol may get another jump & that too, to the tune of Rs. 1.80 per lt.

In the year 2004 when the Manmohan singh Govt. came into power the price was appx. Rs. 34 per lt.

whats your answer ..

you figure it out my friend

This is a good question. Try to answer ...

You are driving along in your car on a wild, stormy night, it's raining
heavily, when suddenly you pass by a bus stop, and you see three people
waiting for a bus:

1. An old lady who looks as if she is about to die.

2. An old friend who once saved your life.

3. The perfect partner you have been dreaming about.

Which one would you choose to offer a ride to, knowing very well that there
could only be one passenger in your car?

Think before you continue reading...

This is a moral/ethical dilemma that was once actually used as part of a job
application.

* You could pick up the old lady, because she is going to die, and thus you
should save her first;

* or you could take the old friend because he once saved your life, and this
would be the perfect chance to ! pay him back.

* However, you may never be able to find your perfect mate again.

The candidate who was hired (out of 200 applicants) had no trouble coming up
with his answer. Guess what was his answer?

He simply answered:

"I would give the car keys to my Old friend and let him take the lady to the
hospital. I would stay behind and wait for the bus with the partner of my
dreams."

Sometimes, we gain more if we are able to give up our stubborn thought
limitations. Never forget to "Think Outside of the Box."

thanks : Me Watwani

Delhi property: Circle rates raised by up to 250%

New Delhi: The Delhi government Monday hiked the circle rates minimum prices for sale or purchase of real estate by 15 to 250 per cent, with experts welcoming the move and calling it "a step in the right direction".

"The circle rates have been increased by up to 250 per cent in A category colonies and 15 per cent in the last category (H) colonies," Chief Minister Sheila Dikshit told reporters after a cabinet meeting here.

While the circle rates for A category colonies, which include Friends Colony, Nehru Place, Green Park and Greater Kailash, will rise from Rs 86,000 per square metre to Rs 215,000, those in B category will go up 100 percent, from Rs 68,200 to Rs 136,400.

The rates of C category property will increase from Rs 54,600 to Rs 109,200.

The rates of D category - Rs 43,600 - will be revised to Rs 87,200, while the rates for E category will be Rs 47,840, up from Rs 36,800.

The new prices of F and G category will be Rs.38,640 and Rs.31,510, respectively while the price in H category has risen from Rs.13,800 to Rs.15,870.

The decision comes against the backdrop of a Supreme Court ruling holding the transaction of property based on power of attorney as invalid. The move also aims at ensuring transparency and plugging the revenue loss to the government.

Dikshit said the step has been taken to ascertain the actual rates of the property and ensure the legal transactions.

The government has also decided to review the circle rates every two years, she said.

The decision was welcomed by experts in realty sectors.

"This latest hike in circle rates in Delhi is a welcome step keeping in view wide gap between market rates and the government-determined circle rates, especially when compared to suburban Gurgaon and Noida," said Vinod Behl, editor of Realty Plus magazine.

"This will check speculation and black money transactions especially in the secondary market. It will benefit genuine buyers and bring in transparency," Behl told IANS.

Sachin Sandhir, managing director of think tank, RICS South Asia said: "The upward revision in circle rates is a step in the right direction as it will help bring some level of rationalisation in the market."

"However, the increase in rates to the extent of 250 percent may act as a deterrent and adversely affect consumer sentiment as property registrations will become costlier," he added.

"For a genuine buyer, an increase in circle rates could be regarded as a good move as consumers will now be able to avail higher loans from banks and financial institutions considering home loans are usually 80-85 percent of the purchase price or market value of the property, for which circle rates are an indicator."

The chief minister said the rationalisation of the circle rates will automatically enhance the revenue share of the Municipal Corporation of Delhi (MCD) by way of transfer duty.

"The total revenue generated from the circle rates will be around Rs.700-800 crore," she said.

This is the second hike this year. The circle rates being increased by 100 percent in February. The officials had cited the flow of black money in property transaction as the reason for increase in the circle rates.

The circle rates were notified for the first time on July 18, 2007.

with thanks : IBNLive : link above.

ROAD NAMED AFTER GAURAV GAMBHIR

Date of Publishing: 2011-10-22 00:00:00.0

In February, a prominent jeweller, Gaurav Gambhir, was shot dead at Lal Quarter Market of Krishna Nagar. In order to pay tribute, a road was named after him as Gaurav Gambhir Marg. The inauguration was done on October 18 by Professor Rajni Abbi. Dr Harshvardhan (MLA), Dr V K Monga and members of Lal Quarter Traders Association and members of East Delhi Joint Front were also present. Gaurav Gambhir, the only son, was

robbed and shot dead when he refused to hand over the jewellery and cash to the robbers. Many protests were also held to highlight the issue.