The Way Forward


The Way Forward

Productive Flights


wealthymatters

Now you no longer have to wait till your plane had landed and taxied off the active runway before switching on your cell phone,tablet,PDA,laptop and other gadgets.The Directorate General of Civil Aviation has now lifted the ban on the use of personal electronic devices at all times during a flight, provided they are used in a non-transmitting or “Airplane” mode. Now the civil aviation requirements in India are in line with the  regulations of the US Federal Aviation Administration and European Union Aviation Safety Agency.So at long last you can read,write,compute etc. and get some work done generally during flights instead of compulsorily eating ,sleeping and/or reading  in flight magazines.Thank god for small mercies!

Budget Solitaires


To get the maximum effect for your money,here’s what you can do to cut corners while shopping for solitaires.But remember,you get what you pay for.So some compromises are OK,especially if the solitaire is to be be set in jewellery and you, and if necessary others around you,can’t tell the difference.But something too cheap might have a poor cut,flaws that weaken the stone etc.So don’t be too cheap when it comes to engagement rings.Also,if you are buying for investment purposes,the factors that attract you to a cheap stone will in future attract other bargain minded buyers.Think about this if you hope for premium prices later.

Budget Solitaires

Kings’ Estates


wealthymattersA measure of power and the ability to project force has always been at the heart of property ownership.Any body willing to conquer, colonize, squat, legislate, litigate, subvent the existing system etc. is able to amass property.Purchase,that too at “market rates” is optional.In fact,markets are made,

So ever wonder how things are done in the charmed circles?The detailed investigation report into the allotments under the discretionary quota, brought out by the Haryana Urban Development Authority (HUDA), under the directions of the  Punjab and Haryana High Court,shows that  66 allottees got  multiple allotments under this quota.Of them,three gave the address of Teen Murti Bhawan. Teen Murti Bhawan in New Delhi is the residence of India’s first PM Jawaharlal Nehru. HUDA allotted two of the three allottees above, four to ten marla plots in Faridabad, the third one got two allotments in Gurgaon. One cent is equal to 1.6 marlas.

Krishan Lal, son of Bitti Ram,  of “Quarter number 87, Teen Murti House, Outside Compound, New Delhi”was allotted a ten marla plot “plot number 71/37” in Faridabad. The allotment was made on March 10, 1983.Another allotment was made to Krishan Lal under the same address “plot number 638/55, Faridabad”.  Read more of this post

Origin Of The Term Real-Estate


wealthymattersThe oldest document using a term recognizable as ‘real estate’ in historical records is dated 1605.This use of ‘real’ reflects the ancient feudal customs in relation to land and the its ownership introduced into England over 500 years earlier, by William the Conqueror in 1066.The word ‘real’ is descended (like French ‘royal’ and Spanish ‘real’) from the Latin word for ‘king’. In the feudal system,which has left many traces in the common law,the king was the owner of all land, and everyone who occupied land paid him rent directly or indirectly (through lords who in turn paid the king), in cash, goods, or services (including military service). Property tax, paid to the state is a relic of this system.

Not all of England and Wales became ‘real estate’ in the ‘royal’ sense by reason only of the Norman Conquest. The Domesday Book provides evidence that some holdings of land in England and Wales remained in the hands of people, who were not the king. They were allodial land. Two main classes of that allodial land are distinguishable, by inference and synthesis, from, the Domesday Book; the passage and enforcement of the Act of Supremacy 1534 and Laws in Wales Acts 1535-1542 by Henry VIII of England; Welsh Law prior to 1535; and the history of Probate in England and Wales; namely, that of the Roman Catholic Church, and that of the parts of Wales where the custom known as ‘dadunnedd’ under Welsh Law applied. Read more of this post