Basic Tools That You Should Keep Within Your Grip

Advanced tools that you are going to have in your recent future always hit first on silver screen. We see heroes flying from here to there using the power of automation. In coming days humans will be replaced by robots. Heavy loaded jobs can be easily performed by a small toolkit inside your household. Trust us these tools are affordable and perform without any laudation. Here are some tools that are really essential to have a trouble-free household.

Utility knife- A folding utility knife is essential to sharp/scrap any object and even to open cork of bottles. This small knife has the power to cut strong adhesive of parcels.
Stepladder- Height has been always an issue for hanging your portraits and keeping the jars out of children’s’ reach. Fixing electrical problems and dusting have lots of friendliness with a stepladder.
Hammer- We believe hammer is a modernized version of a heavy-weighted stone to give a blow. Hammer is the most used tool in the household to break or even bend something solid.
Wrench- For twisting something wrench is an essential requirement. This tool is used to get a solid grip in turning objects like screws and bolts
Drilling Machine- A pocket size drilling machine and drilling needles is what you need when your mechanics are on holiday. Sometimes creating a dig too has some necessity.
Extension cord- If your power point is not in the range of your working field which essentially needs some electric connection an extension cord can only understand your situation better than anyone.
Multi-bit Screw driver- Want to turn screws with slotted heads? Keep a multi-bit screwdriver at your home. Trust us requirement can come anytime than you think.

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Central Tips Off States Not to Adulterate Law On Real Estate

Modi government has instructed states against any dilution of real estate law, passed by the Rajya Sabha on 10th March and by Lok Sabha 15th March, 2016.  Widely accepted as RERA this act had been passed to protect the ethics of the buyers and to surge the real estate sale along with the code of law. Now the centre has again declared that any minor move which happens to be a jag in the execution of RERA in the state level, will be followed by serious overtones, including a mass scale uproar. The ruling ministry also made it certain that all under construction buildings that haven’t been delivered any completion certificate by May 2017 will come under the regulatory system.

On Tuesday Union housing minister M Venkaiah Naidu stated to chief secretaries and secretaries of state housing departments that the Real Estate Regulation Act was "one of the most consumer-friendly law passed by Parliament, and states had no power to dilute its provisions"."There are a lot of expectations from this Act from all stakeholders. There are some media reports that some states have diluted a few of the Act's provisions in the rules notified by them. States don't have such powers and I hope such reports are not true. Today, I want to make it clear that any compromise with the spirit of the Act will have serious implications, including public outcry," Naidu told the state representatives in particular.

RERA came into force from May 1st 2016 with 69 of 92 notified norms. This cautionary comes in the midst of reports of some of the BJP-ruled states such as- Gujrat, Maharashtra and MP modifying and curbing the rules, which are somehow disturbing the balance and appear to be biased in the builders favor. Even there are some issues with notified laws of UP, which don’t meet the terms of the union introduced laws related to the ongoing real estate units. It’s seen that Gujrat, the state which came first with the notified RERA rules, has also mixed and moderated some rules in this provision to be good-hearted to the builders.
 
The ministry also said no to all offers and suggestions to amend some norms came from the state level. This is mostly raised in demand of bringing all existing projects are built over plots over 500 sq mtr size under the law. But housing secretary Nandita Chatterjee told states that no amendments to the Act would be considered at this stage since full implementation of the Act would begin only in May. Union Cabinet Ministry had already permitted 20 major amendments to the bill based reference.

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Joint Venture Real Estate Projects Under WBHD Radar

West Bengal housing department will now review the formation of joint venture real estate promoting companies. Specifically the brokerage and development companies of giant commercial properties like- shopping malls, hotels in New Town and Rajarhat and some other recent developed Property in Kolkata north. Housing minister and Mayor of Kolkata Mr. Sovan Chatterjee said, ‘’The alleged violations were being looked into and action would be initiated against firms that had violated the JV norms to go in for commercial development in the satellite township during the Left Front regime.’’

According to the government statistics there are seven big-shot real estate companies which had tied up with the state government complied by the JV norms. Meanwhile the government has summoned a few of those real estate firms in charge of their contribution in transgression of JV agreement with the state government. Rest of the JV partner real estate firms is also being kept account. Speaking about the JV agreement the housing minister also stated,’’ These JV firms have developed malls and hotels on the land earmarked for housing projects for the masses.’’

Chatterjee also put light on the fact that development and brokerage companies which singed JV with the state government for promoting lower income group and middle income group housing shifted into endorsing commercial development thereafter without notifying the state government and violating the JV agreement. In the JV firms the private companies had 50% stake functioned with the land equity offered by the state government. There after LIG apartments are sold under the cost price and MIG flats just at cost price and HIG condos at a quality range.

After TMC government came into the ruling position in 2011 chief minister has declared that JV firms would be under investigation for alleged violations and stopped allotted lands to such real estate companies. As an aftershock these companies has stopped their duties. It’s not like that JV firms don’t do business, just that there has been no activity regarding the same purpose. As per the official updates 2 major real estate firms that had close association with their earlier ruling government, as the members of the board of directors of these firms were in the family relations of the erstwhile ruling party head honchos.

Digging the past the minister said, “We will probe into the irregularities and take action against the errant firms. We don’t want to name any particular persons involved in such irregularity.” On the contrary JV companies came with the fact that the land which had been allotted to them for commercial real estate development has been used for the same as per the official records. They also mentioned that there was a provision to embark on 10% related activities. Development of malls and hotels were also scheduled as per government agreement.

As per the director of one of such firms “There has been no change in land purpose. All the projects where malls and hotels have been developed were allotted for the very purpose. The housing department had raised the issue two months ago, following which we went with documents and clarified the matter.”