How’s the year going for you?
Dragons should keep their personal and professional lives separate and snakes should make good money in the Chinese year of the wooden horse
“Now if the flats are illegal, so are the revenues of the government. Can the government return the money with interest that it has charged from us in form of stamp duty and property tax?” asks Srinivas.
In India, it’s compulsory to get sale of land/apartment registered with the revenue departments of states. However, the Indian Registration Act of 1908 doesn’t require the registration authority to verify history of the land/apartment or ownership from the seller. One should also know that the land/apartment registration is not registration of title, but a deed of transaction. All these legal provisions make the homebuyers vulnerable to a property fraud.
“Registration of properties is a fiscal instrument which helps the state earn revenues. However, it doesn’t provide any legal support of certainty to title. If the Registration Act of 1908 is amended and a mandatory provision is added for the registration authority to verify history of the land/apartment, the registration of illegal property will stop,” says a revenue official, requesting anonymity.
Legal and urban experts say that in India land ownership is “presumed,” which is questionable and can be challenged on multiple fronts: ownership, extent of boundaries, financial encumbrances, etc.
“In Delhi, the revenue department has issued several administrative orders to the sub-registrars, directing them not to register properties in unauthorised colonies. Sub-registrars comply with the orders as not doing so invites action against them. However, the Registration Act, which is a Central act, allows a sub-registrar to register any property without verifying its history. Those who have been penalised for doing so have had their suspensions revoked from the court as the existing law favours them,” says a former inspector general (revenue) from the Delhi government on conditions of anonymity.
Apart from amendments in the Registration Act, there’s need for a system that provides for individual rights and the ability to transfer these rights. In such a scenario, what is needed is a guaranteed title certification system that protects rights to land and property.
As per the Chinese lunar calendar, the year of the wooden horse (January 31, 2014, to January 25, 2015) brings changes in the fortunes of all zodiac signs. In this column, we check out how the year will pan out for those born under the sign of the snake and dragon. Check out what’s in store for you.
The dragon and horse are both spirited, dynamic and fun loving creatures who like to‘ live on the edge.’
According to the Chinese lunar calendar, your zodiac sign is dragon if you are born after February 4 in the following years: 1904, 1916, 1928, 1940, 1952, 1964, 1976, 1988, and 2000. (If you were born on the fourth or before your sign is rabbit and not a dragon).
According to the five constructive cycles of the elements, wood fuels fire. Hence, the energy of the green horse diligently supports the dragon’s endeavours, as he goes full throttle unleashing his bold and fiery personality. Watch out for temper flares and hot headedness.
Career: You are creative and ingenious at work, winning goodwill from all quarters. Dragon is quick-paced and needs to be more patient with his colleagues. Choose your words with caution, for misdirected anger will lead to fights and nervous breakdowns. Keep your personal and professional life separate at all times.
Money: Your money graph stays stable and there are some lucrative opportunities on the horizon. However, don’t risk your hard-earned savings as sudden losses are on the cards.
Health tip: Staying calm and composed is the golden key to happiness this year. Destress as often as you can!
The snake is poised, deliberative and contemplative whereas the horse is restless, impatient and always searching for greener pastures. Snake seeks stability, the horse change and yet, they get along just fine (both belong to the fire element).
The key is to stay centered within so that you can not only adjust to the fast pace of things, but charge ahead boldly this year.
According to the Chinese lunar calendar, your zodiac sign is snake if you are born after February 4 in the following years — 1905, 1917, 1929, 1941, 1953, 1965, 1977, 1989, 2001. If you were born on the fourth or before, you are a dragon and not a snake.
Career: A challenging but exciting year lies ahead of you. All your hard work of the previous years will bear fruit. The year of the green horse is competitive, so beware of malicious gossip.
Money: Lady luck favours you as money flows in easily. This is the time to ask for raises, negotiate a better deal and take that risk. The urge to splurge this year is strong, so save while you can.
Health tip: Don’t take your boundless energy levels for granted. Overindulgence of any kind (emotional, irregular eating habits etc) can lead to unexpected problems in life so aim to lead a balanced lifestyle to avail the most of 2014 and be happy.