New Government Initiatives To Boost Real Estate Sector In India

At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.

As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:
Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states.
In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres.
51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route.
Full repatriation of original investment after three years.
Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively.
100 per cent FDI allowed in realty projects through the automatic route.

Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time taken to develop special economic zones (SEZs) by simplifying the procedures to get the tax-tree industrial enclaves notified. Now developers can easily get their land classified as an SEZ at the outset itself by producing title deeds to prove their ownership. Again, the Government has announced several concessions in the Budget 2008-2009.

New Government initiatives to boost sector of Real Estate India include granting a tax holiday on profits from initiates in the financial year 2007-2008. In order to enjoy this benefit, the housing projects should be of the affordable housing unit type of 1000 to 1500 square feet. Another condition is that such projects should be completed by March 1, 2012. Further, the Finance Ministry has allocated US$ 207 million to grant 1% interest subsidy on home loans up to US$ 20, 691. In order to avail this benefit, the cost of the home should not be above US$41, 382. It is believed that these initiatives will be add further impetus to the real estate sector in the country.

Home Building A Fishing Boat

One of the most popular uses for boats is for fishing. People sometimes look at the bewildering array of available boat types and are confused about what type is most useful for them. Hopefully this article will make you aware of the various types of fishing boats there are so you can do a good job going about picking the best design for you to build in your home workshop.

The first thing you have to decide is what type of water youll be fishing on. A suitable boat for small ponds and backwaters would not necessarily be the best choice for near coastal conditions where bigger seas might sneak up on you. Similarly a river fishing boat capable of handling wild whitewater might be a disappointing performer on larger, open lakes. A boat that will have to do double duty as a fishing and waterfowl hunting boat will be very different from a boat that will be doing double duty as a fishing and water skiing boat. Spend some time identifying the uses of your boat first what kind of water, how fast, how many people these are what will dictate the best type of boat for you to build.

If you primarily intend to fish in rivers, especially smaller, fast moving rivers, youll want a drift boat, that is one that is primarily intended to drift down rivers. There are two types of these, the Western style, sometimes called, McKenzie River drift boats, and Midwestern style drift boats less for canyon shooting in the mountainous West, and more for smaller rivers and streams common throughout the US. The Midwestern style can be rowed much faster and with more control than the Western types intended only for drifting downriver, where the oars are only used for keeping the boat pointed downriver.

If you intend to fish on lakes, bays and protected waters, you have a choice of quite a few designs. If you intend to both row and use moderate power, there are few better choices than a Carolina style dory. These easy-to-build boats get up and plane easily, carry lots of load, are quite stable and yet still may be rowed in a pinch.

If you want to go fast, under primarily engine power, and still plan to mostly fish in wide rivers, lakes, bays, etc., a semi-vee or full vee bottom power boat may be your best choice., These come from smaller two passenger sizes, easily tailored behind a small car, all the way to big, 6 or 8 passenger models that can also handle sea conditions. Another option for this kind of conditions is the Pacific power dory. These highly stable and efficient hulls can outperform commercially made fiberglass models and can be built for a fraction of what a new boat costs.

If youd like a man-powered or small engine boat you can toss in the back of a pickup or on a car roof and head to a stream, lake, bay or bayou, consider one of the ultra-light boats with plans available. They come in various shapes, from prams and dories, to canoes and kayaks. Larger sea-kayaks are suitable for fishing and waterfowl hunting. Using modern materials some of these boats can weigh as little as 40 lbs so can be carried to the water with one hand.

Finally, if you want to use your boat to fish in the ocean, youll be faced with very different conditions than in protected waters so need to look for a boat designed for ocean conditions. Vee bottom Carolina dories, Pacific power dories, and vee bottom center console boats are all suitable for coastal conditions, and also will outperform heavier factory made boats and may be used with smaller, more economical engines.

For offshore conditions, very specialized craft are called for. Grand Banks dories are some of the most seaworthy boats ever designed. Theyll power through any weather, though theyre no speed demons, and can also be sailed. In 1876 (the USAs 100th birthday year) an 18-foot open dory, named the Centennial was used on the first single-handed North Atlantic crossing from New York to England. Other candidates for home built offshore fishing boats include Hawaiian sampans, mullet skiffs, and larger vee bottom Carolina dories. Each has their pluses and minuses, depending on whether speed, economy, or a smooth ride is the more important characteristic.