Swarnabhoomi Academy of Music – Marg Swarnabhoomi

The President, Vice-President and the Administrative offices of SAM extend a warm welcome to all students for the Fall 2013 semester. Orientation starts today and this week is Registration and Enrollment week. Our staff in true SAM tradition will go above and beyond the call of duty to get you all settled comfortably during this week of discovery! Classes commence on Aug 19. Each new semester is a time of joy for the entire SAM community as we eagerly look forward to getting to know our new students from around the world, in addition to continuing students. Thanks for choosing to study at SAM – Welcome!

Visit: www.sam.org.in

About MARG Swarnabhoomi :Swarnabhoomi EduCity

Chennai real estate market has been stable with moderate price appreciation of 8 10% in 2012. With inprogress infrastructure projects taking shape, the demand and capital values are expected to rise across all sectors. Focus on improvement of public modes of transport has been one of the major highlights in Chennai. This is evident from the expansion of the existing highways, work on Chennai Metro and the Outer Ring Road.

Approval of three new bridges connecting ECR and OMR at Neelankarai, Palavakkam and Kottivakkam is expected to impact the capital values. Going forward growth in Chennai would not solely be determined by the IT/ITES sector, but also the transport corridors of the above mentioned infrastructure projects. Chennai market is looking forward to the MRTS and BRTS projects to give the city a new face in 2014-15. 2012 has seen the city shift investor focus from the usual OMR, ECR to the WEST and NORTH of Chennai. The operationalization of the TIDCO & Ascendas SEZ at Tiruvallur and the operationalization of the new airport at Sriperumpudur in 2015 is driving interest in the North & West Chennai regions.

STOCK AND ABSORBTION

Global uncertainties and IT/ITES sector going slow with their expansion plans impacted the real estate scenario in Chennai with high vacancy rate. Though the focus on residential sector from developers end was high, and Chennai market saw remarkably high number of new launches in 2012. Sales were moderate in comparison to the new residential supply added to the market. In 2013 Chennai residential market is likely to see few launches compared to 2012 but improvement in sales with an overhang of 18-22 months.

Source:moneycontrol

Rumbling with Priya Goutham who oversees Education Services at MARG Swarnabhoomi. From KG to PG is our vision. We provide hands-on experience to our students. Hosted by Madhav Das and produced by Suresh Menon, Sushma Multimedia.

Visit: Sez in Chennai

Swarnabhoomi Academy of Music – MARG Swarnabhoomi

Sept 16-20 – Enroll and Experience the September Awakening and live your dreams – 5 days of fun and intensive learning at SAM with our incredible faculty from around the world – Raphaelle Brochet (Voice/France), Alexey Krupsky (Guitar/Ukraine), ArcoIris Sandoval (Piano/USA), Steve Zerlin (Bass/USA), Karina Colis (Drums/Mexico), Sreyas Narayunan (Carnatic Voice/India), Prapancham Ravindran (Indian Percussion/India) and special guest faculty Prasanna (President of SAM)
REGISTER NOW AT http://www.sam.org.in/

Hi Musician Friends,

I welcome you to the exciting 5 day Camp ‘September Awakening’ for musicians at SAM from Sept 16-20. One of our enduring traditions ever since we started is to have these 5 day Camps to let musicians from India and abroad to come and enjoy the SAM experience filled with music, learning and amazing networking opportunities in our beautiful campus for 5 days. These Camps are very reasonably priced and are great for sprucing up your skills and giving yourself that extra value addition in musicianship ranging from performance techniques to ensemble playing to creative thinking in virtually ever aspect of music performance in both live and studio contexts. Imagine the experience of losing yourself with some of the best musicians in the world as your faculty and having one big musical feast sharing for 5 days with your fellow Campers and 55 of our Diploma students who come from all over the world.

This particular Camp is special because all our faculty will be in attendance – Vocalists Raphaelle Brochet (France) and Sreyas Narayunan (India), guitarist Alexey Krupsky (Ukraine), bassist Steve Zerlin (USA), Pianist ArcoIris Sandoval (USA), drummer Karina Colis (Mexico), mridangam player Prapancham Ravindran. Between them, they cover virtually every contemporary genre of music from Carnatic, Rock, Classical, Cuban music, Brazilian music, Gypsy Jazz, Fusion Jazz and possibly even a bit of Balinese Gamelan and Persian music coming from Raphaelle.

I will be teaching along with these great musicians too and I look forward to not only sharing my knowledge with you all but also to learn from each one of you in the process!

Come and give this a shot if you are singer or instrumentalist no matter what instrument you play. I can assure you that you will go back transformed, energized and full of ideas, contacts and more!

Register for the camp ASAP at here

Thanks and hope to see you and your friends at the Camp,
Prasanna

Land owners facing acquisition threats from major infrastructure projects would be a relieved lot with the LokSabha clearing the Land Acquisition Bill that promises property owners a higher compensation — four times of what the market offers. The bill will now go before the RajyaSabha.

Acquisition of land for major infrastructure projects like GAIL pipeline, highway expansion and coal bed methane exploration has been a major hurdle in TN. A satellite township at Thirumazhisai is stuck owing to opposition from farmers.

During the previous DMK regime, Tata’s proposed 2,500 crore titanium dioxide project was shelved owing to stiff opposition to the plan to acquire 10,000 acres in Tirunelveli and Tuticorin. The government also dropped its plan for a satellite township at Thaiyur, off Old Mahabalipuram Road, under pressure from PMK. The new bill is expected to make land acquisition smoother, speeding up infrastructure projects.

Farmers are often justified in opposing acquisition of their land, because compensation used to be meager, and seldom paid on time. “Several people, who lost about 1,200 acres to the Neyveli Lignite Corporation in 2006, have not yet received compensation , and many of them are working as construction workers and house maids,” said former Cuddalore panchayat chairperson R Silambuselvi.

At times, governments announce mega projects without studying environmental impact , said Tamil Nadu Cauvery Delta Farmers’ Association general secretary S Ranganathan . He said, “The coal bed methane project in Thanjavur and Tiruvarur will ruin agricultural land that caters to 45% of the state’s food requirement.” R Ganesan of Chettipalayam near Coimbatore, opposing GAIL’s pipeline project, said, “The alignment cuts through my coconut farm. I will lose one acre. The compensation, which is one-tenth of the guideline value , is a pittance.”

S Velumani, who made headlines by staging a sit-in protest in his well recently, opposing acquisition of his 3.5-acre coconut farm for the Coimbatore-Mettupalayam road expansion , said, “I have only three wells. All the three wells would go for the road project.”

Most often, the victims are small farmers. Successive agricultural censuses have shown a growing imbalance in the distribution of land in TN. Around 59 lakh marginal farmers (those who hold less than one hectare or 2.47 acres) own 22 lakh hectares, 12 lakh small farmers (one hectare to two hectares ) own 17 lakh hectares, six lakh semi-medium farmers (two hectares to 4 hectares) own 16 lakh hectares, 1.9 lakh medium farmers (4 to 10 hectares) own 11 lakh hectares and 26,000 large farmers (more than 10 hectares) own six lakh hectares. Interestingly, the number of marginal farmers, 39.5 lakh in 1977, has shot up to 59 lakh. On the other hand, the number of medium and large farmers has declined – from 3 lakh to 1.9 lakh and 46,000 to 26,000 respectively.

Few projects have had a smooth sailing at the land acquisition stage. A case in point is GVK’s multi-product SEZ at Perambalur, for which the firm acquired 3,184 acres in 2007 and 2008 by paying more than the market price. Analysts feel that economic viability alone should not be the criterion. “Social viability is more important. The money given to farmers does not go outside the country. Hence, there is nothing wrong in paying them more than the market price,” noted Madras Institute of Development Studies director R Maria Saleth.

Source: articles.timesofindia.indiatimes

Indian Improv Night, Tomorrow at SAM’s Main Recital Hall, 9:00pm. Come have a Musical Night

About SAM : (Swarnabhoomi Academy Of Music)

Congratulations MIDAS for winning Overall First Prize at NASA Pre-convention meet at Chennai.

About MIDAS : MIDAS:Marg Institute Of Design And Architecture : Marg Swarnabhoomi

Courses : MIDAS offers two Undergraduate Courses B.Arch – 5 year Integrated Bachelor Degree Program 

• Semester 1
  Theory – Math, History of Architecture &Culture 1 , Building Materials 1, Environmental Science
  Theory Cum Studio – Art Studio, Architectural Drawing 1
  Studio – Basic Design

  Semester 2
  Theory – Mechanics of Structures 1, History of Architecture and Culture 2, Bulding Materials 2
  Theory Cum Studio – Building Construction 1, Theory of Architecture, Architectural Drawing 2
  Studio – Architectural Design 1

  Both programs are affiliated to the Anna University of Tamilnadu and have been approved by the Council of Architecture, India.

Visit : http://www.midas.ac.in/

At Swarnabhoomi Academy of Music, we are proud of our students. They represent such talent, diversity, passion and drive that we are constantly reminded of how fortunate we are to be able to share our life with them.

501 students from India, USA, UK, Mexico, Democratic Republic of Congo, Oman, Dubai, Tunisia, Australia, Argentina, Iran and Bangladesh have studied here either in our Diploma programs or our short term camps with 80 world-class musicians from USA, Canada, Switzerland, Suriname, Netherlands, Poland, Armenia, Germany, Brazil, Mexico, Greece, Argentina, Hungary, Venezuela, Spain, Cuba, Colombia, Israel, France, Peru, Albania, Jordan, Ukraine and India in our beautiful 4 acre Campus and our apartment complex.

SAM has attracted established musicians and bands from several countries to further hone their skills in our Diploma Programs and Camps. These include such artists as Sullivan Fortner Jr. (Roy Hargrove Quintet, alumni-Manhattan School of Music), Nandini Srikar, Conrad Reeves (alumni-Oberlin Conservatory), Ayman Boujlida, Something Relevant and others.

The Diploma Program at SAM has been a launch pad for students such as Nishant Parasher, Nirvan Pareva, Sonic Shori and Shivam Khare (Kaash), Apurv Isaac, Homi Rustumji and Yohan Marshall (The Family Cheese), Pranoy Praveen, Saurabh Suman, Jayant Manchanda, Rohit Gupta, Takar Nabam, Siddharth Jain (Adil & Vasundra, Global Music Institute) Srinjay Bannerjee, Jonathan Devadoss, Amandeep Singh Sodhi (Leslie Lewis, Colonial Cousins), Anuraag Saikia (Film Composer) and many more.

Visit :http://sam.org.in/

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Visit :http://www.midas.ac.in/

Joint Development (JD) has evolved as the most preferred and widely adopted property development model in urban cities. An individual land owner and a developer may enter into a Joint Development Agreement. The key feature of a JD is that the land owner will contribute land and the developer will undertake development activity on it with his expertise. Depending upon the land price, the Joint Development ratio is decided among the parties.
The land owner has the option of retaining his whole share or a part of the share or even fully sell his share directly or through the developer. In consideration for this, the land owner will part with the agreed ratio of undivided share (UDS) of land in favour of the developer or his nominee and will also allow the developer to construct and sell the share of his apartments.The owner will permit development of the project and sale of his share of apartments. At the same time, the builder gets access to land and does not have to invest money for purchase of land. The success of any project lies in the land owner identifying the developer based on his track record.

Source:Magicbricks

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The 2013 has been Award Winning year for MIDAS. The students have participated in various forums and have been winning overall Championships. At ITYUTA Architecture Festival, they won the overall Championship for various competitions held on spot. At 56th NASA Panel meet, the students won the First Overall Award among nearly 70 colleges participating. At ZONASA they won an overall performance Award and an special award for Product design.

About MIDAS :http://www.midas.ac.in/

Michael Corr from UK – Creative Director of PLACE , the Bulid Environment center for Northern Ireland , conducted an exclusive workshop for MIDAS students on Design Detailing.

About MIDAS : Architecture college in chennai

Pushkara – Marg Properties

A 2BHK apartment along the Old Mahabalipuram Road (OMR) that was available for Rs 12,000-15,000 per month a year ago, now commands a monthly rent of Rs 15,000-18,000! This clearly indicates an annual appreciation of 20-25 per cent. Thus, investing in a residential property along the OMR in Chennai seems to be a good proposition.

OMR recorded the highest gross rental yield at 4.18 per cent during the Apr-Jun 2013 quarter. The rental values in the locality have been rising constantly with an increase of 8-9 per cent registered in the Apr-Jun 2013 quarter. This coupled with stable capital values of apartments in the locality has pushed the gross rental yield along the OMR. In fact the locality has been registering the highest rental yield in the city, ever since Apr-Jun 2012 clocking close to 4.5 per cent yield quarter-on-quarter.

“OMR is faced with a situation of over-supply today. This has resulted in capital values stagnating as buyers have a wide range of options to choose from. Even though the over-supply has had an impact on the rental values, but compared to outright sales the rental market in the location is still up beat,.

So, what has led to a situation of over-supply in the market? Most of the residential demand is pouring from IT professionals working in the numerous MNCs along the OMR. “Since many of these young professionals are not locals, they prefer rental accommodation than buying their own homes. Thus, the demand along the OMR stretch is more aligned for rental housing,”.

Thus, in case you are looking for a second home as a future asset, buying a house on the OMR might prove profitable what with the high rental returns it promises. Hardcore investors may also target OMR for healthy returns.

Source:Magic brick

About Marg Navajyothi Vidyalaya School (MNV):http://margnavajyothividyalaya.com/

GREETINGS FROM EXEMPLARR WORLDWIDE LIMITED..!!

We would like to introduce our Auditorium which is on promotional offer where you can conduct:

Training
Induction Programs
Corporate Events
Lectures
Presentations
Launch Of Marketing Events
Meeting Of Alumni and more….

Exemplarr Auditorium is a modern facility with state-of-the-art equipment located on Old Mahabalipuram Road (OMR) next to prince Info City park (Just 10 Mins Away from Tidel Park)Chennai. The venue seats more than 110+ people and provides excellent sightlines to the stage from all seating areas. The acoustic quality of the space is excellent for corporate events, lectures or presentations. The center is fully air-conditioned and is complimented by free Wi-Fi access and ample parking space. Our event specialists are here to assist you every part of the way to make your event flawless.

Auditorium can be controlled with podium IP Software.
3 wall mounted projector screens which provide clear view of the proceedings.
Audio devices are wall mounted to give uniform auditory experience.
Collar mikes and cordless mikes are available.
All seats have LAN connectivity for instant internet access.
Centralised a/c system management.
Free parking in our premises.

We would love to host you on your upcoming events and do call on us to know about the exciting rates on offer.
We would be happy to take you on a tour of our auditorium, if you can schedule a visit. We look forward to hear from your end.

Do write to us for more details:
viswa.kumar@marggroup.com

Visit Facebook Event page :https://www.facebook.com/events/176711229192553/

Property can be bought and owned jointly by more than one person. There are some legal and financial implications in such a case that need to be taken care of so as to avoid disputes.

One of the most common reasons for owning property jointly is financial. People pool in funds to buy a property.

A common example of this is purchase of property by husband and wife. By clubbing their incomes, they are also eligible for a higher loan amount. The couple having separate sources of income may pool in their resources to buy a home.

When two or more people buy a property but do not specifically mention the share that each has in the property, a ‘tenancy-in-common’ is created. All the coowners can use the entire property and every co-owner is deemed to be having an equal share in it. After the death of one of the co-owners, the interest in the house does not pass on to the other co-owners but to the legal heir or a person named in the Will of the deceased, who will then become a ‘tenant-in-common’ with the surviving co-owners.

In case the property is owned by two or more persons in equal shares, it is referred to as a joint tenancy. In case one of the joint tenants expires, his interest automatically passes on to the surviving joint tenant(s).

In case a property is jointly owned by two or more persons, the fact should be specifically mentioned in the sale deed. A property can be acquired by two or more persons jointly by pooling in their resources. Unless there is a contract to the contrary between the parties, co-owners will have a share in the property that is proportionate to the funds contributed by them to buy it.

The names of the co-owners, along with their respective shares of joint ownership or the ownership in the property should be clearly and specifically mentioned. As such, in case of any income from the property or any gains received on the transfer of such a property, the returns can be divided in the respective proportions of ownership.

Under the Transfer of Property Act, every joint or co-owner has a proprietary right of the entire property. Accordingly, a sale has to be with the consent of all coowners involved. Only in certain cases, the co-owners get exclusive rights to certain parts of the property, which one can transfer. In case of a house, consent has to be sought from all co-owners owning the house.

A co-owner is entitled to right of possession, use and to dispose off his share in the property if it is clearly stated in the deed. In case a co-owner is deprived of his property, he has a right to be put back in possession.

It is to be noted that mere co-ownership of property without reference to any specified extent would imply that the co-owners have equal interests in the property. For any specific, pre-agreed shares, the details have to specifically be mentioned in the property documents. The sale deed can specify the shares of the coowners – the proportion of ownership among the individuals.

In case one wishes to add a co-owner at a later stage he can execute a sale deed. He can sell a portion of the property to the other person and then get the sale deed registered as a co-owner of the property by paying the necessary charges. This will entail payment of stamp duty.

Alternatively, one can execute a gift deed. He will need to make a gift deed and get it executed on a stamp paper, and register it at the registrar’s office.

In case of co-ownership, transfer of property is easy as if one of the partners die. The surviving spouse then becomes the sole owner of the house.

Tax benefits

Both the owners can claim tax benefits. Both can claim deductions of up to Rs 1.50 lakh against the interest paid on the home loan. They can also claim tax benefits of up to Rs 1 lakh against the principal amount repaid under Section 80C.

If the property is sold, the co-owners will have to pay tax on the capital gains earned by them. Section 54F of the Income Tax Act provides that if a taxpayer invests the sale proceeds received from the sale of any capital asset in buying a residential property, the long-term capital gains on sale of the property will be exempt. In order to claim this exemption, the house should be purchased by the taxpayer. However, it does not stipulate that the house should be purchased in the name of the taxpayer only. Including the spouse’s name as co-owner will not impact the exemption granted by the Act.

Source: Times Property, The Times of India, Bangalore

The AA lecture event was on the invitation by Prof. Jaffer AA Khan Director Marg Institute of Design and Architecture, Swarnabhoomi (MIDAS). The public lecture was aimed at benefiting students, professionals and general public on the approaches and the processes involved in design through the work done at AASchool of Architecture, London.

Theodore Spyropoulos & Brett Steele

Brett Steele, Director AA London

Brett Steele and Jaffer Khan in conversation

Brett Steele, Director AA London

Mrs.Rajini Reddy, Director SAI and MD Exemplarr Worldwide Pvt.Ltd, felicitated Brett Steele

Brett Steele, Director AA London, lectured on search and research in architecture explaining “The process of approaching architecture in three parts” being stating the obvious, imagining the unexpected and remembering the inevitable. The lecture also gave a brief idea about AA London which is 166 years old. He said John Ruskin, 19th Century Philosopher had lectured there.

Theodore Spyropoulos, lectured about “Alternative design approaches in the information age” which showcased the exploration of design process though various mediums. Few being the interaction between human digital realms, parameterizing the information between various socio-cultural activities and etc. He was showing examples of the robotics in architecture and how the future of architecture will be a challenging one especially for India.
Brett Steele, was extremely impressed about MIDAS and felt that it was “wonderful school in the making” and moving towards being one of the best schools in the near future. AA school and MIDAS will partner in future programs within Chennai
Prof. Jaffer AA Khan, Director, welcomed the speakers and audience and stressed that, MIDAS has emerged as an important school and is most sought after in this region within three years of its inception. The programs at MIDAS are well researched and the effort by the faculty and students is commendable. Shri.GRK.Reddy, CMD Marg Group presided the lecture session and felicitated Theo Spyropoulos. Mrs.Rajini Reddy, Director SAI and MD Exemplarr Worldwide Pvt.Ltd, felicitated Brett Steele. , Ms.Rangapriya – AVP-SAI delivered the vote of thanks. The event was organized by MIDAS through its student body FEAT-Forum for Exchange of Architectural Thought and supported by SAI-Swarnabhoomi Academic Institutions.

 The State Crime Record Bureau (SCRB) will soon introduce a link on the state police website to invite complaints from people living outside the state and abroad regarding land grabbing.“We are planning to create a new email id for the virtual anti-land grabbing cell, which will help people settled outside the state, leaving behind their ancestral property,” additional director general of police (ADGP-Law and Order) S George said. Police sources said, many of the land grabbing victims are senior citizens, women, widows and those employed outside the state. “There is a separate unit functioning at the DGP’s office to look into online complaints. Several of them are on land grabbing. Now I am just forwarding those complaints to the respective districts and city police chiefs. The new facility will streamline the system,” he said. The police have registered 210 cases out of the 2,600 complaints they had received in the last 15 days and arrested 400 people. The state police have retrieved nearly . 700 crore worth property encroached or grabbed using muscle power, and handed over to the rightful owners, another officer said. Police sources claimed the total value of land grabbed could be huge. “A conservative estimate shows it could be worth Rs 10,000 crore,” an officer said. Tamil Nadu chief minister J Jayalalithaa had announced early this month the formation of anti-land grab cells in all districts. There are 31 anti-land grabbing special cells including seven special units under the seven commissionerates. Each team headed by an additional superintendent of police has a deputy superintendent of police, two inspectors, 4 sub-inspectors and eight other personnel as members.

Source.Magicbricks