Land Trades Aadheesh Avenue' commercial complex inaugurated

[email protected] (CD Network)
November 30, 2014

Mangaluru, Nov 30: Aadheesh Avenue, an ultra-modern commercial complex by Land Trades, the pioneering name in the field of real estate in this region, was inaugurated on Sunday at 12 noon.

Mangaluru South MLA J R Lobo, who formally inaugurated the complex located at MG Road, adjacent to Besant Women's College, said that that the new building contributed to enhance the beauty of the MG Road.

He pointed out that builders like Shrinath Hebbar, the proprietor of Land Trades are immensely contributing towards growth of the city.  The MLA also lauded the Land Trades for maintaining quality in all its projects.

Mayor of Mangaluru City Corporation Mahabala Marla said that within a decade this port city would be one of the fully developed and modern cities of India. Wishing all success for the future endeavours of Land Trades, he said builders are part of development.

Entrepreneur Sadananda Shetty, former mayor Shashidhar Hegde, corporators Ashok Kumar, Naveen D'Souza, Advocate Shankar Bhat, Kallige Taranath Shetty also congratulated the builders on the occasion. Journalist Manohar Prasad compered the programme.

According to Shrinath Hebbar, proprietor of Land Trades, this new business complex has the best of features and amenities and will be an important landmark for the commercial hub of Mangaluru.

A six-storey structure, Aadheesh Avenue has parking facility on two basement floors, commercial space and parking on the ground floor. The three upper floors house offices ideally suited for businesses and as consultation chambers for professionals like advocates, chartered accountants and doctors.

“All the commercial spaces in Aadheesh Avenue are sold out. I very touched by the popularity and trust that people have reposed on Land,” says Shrinath Hebbar.

The commercial complex has all mandatory safety and security systems and the building is equipped with best fire fighting systems. There are two automatic lifts, continuous power and water supply. With spacious parking facilities, Aadheesh Avenue will certainly be a favourite commercial complex of the city, says Hebbar.

Land Trades Legacy: Founded in the year 1992 by Shrinath Hebbar, Land Trades has over the years emerged as a trustworthy real estate and developers firm by offering the best of facilities to its clients. The firm enjoys a well earned reputation for excellence in quality and timely completion of projects - its professional ethos being further authenticated by ISO international quality certification and CRISIL rating.

Other prestigious projects of the firm, like Maurishka Palace near Kadri Kambla and Atlantis at Bendore are nearing completion.  “Solitaire” a modern residential complex with 32 floors and 144 apartments is also coming up on an expansive 2 acre plot at Hat Hill.

Budget Apartment:  As a special gesture to customers, Land Trades which is nearing its silver jubilee year, will be constructing two budget apartment complexes at Mangaladevi and Yemmekere, where quality residential apartments would be available here at affordable rates.

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News Network
July 22,2020

Bengaluru, Jul 22: Karnataka Congress President DK Shivakumar on Wednesday urged Karnataka Chief Minister BS Yediyurappa to waive all property taxes in urban local and rural panchayats for a period of one year as citizens are bearing a huge financial brunt of the COVID-19 pandemic.

Taking to Twitter, Shivakumar wrote, "Citizens are bearing a huge financial brunt of the Corona Pandemic. It's imperative on the government to ease the financial burden on citizens. I urge CM B.S. Yediyurappa to waive all property taxes, in urban local bodies and rural panchayats, for a period of one year on humanitarian grounds."
In yet another demand, Shivakumar on Tuesday said the state government should give details of the amount it spent on migrants and labourers during the coronavirus crisis if it is transparent.

"The image of Karnataka has come to a very rotten position. We all know that Karnataka has failed in sorting out the problem. Let them (the state government) tell what has been the amount spent on the labour, migrants and food kits on the health department. We want an account (of the expenditure) if they are so transparent," Shivakumar said.

He said the state government should have approached the hospitals for treating COVID-19 patients and if any private hospital refused, a message should have been given that the government would take it over.

He also accused the state government of corruption.

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News Network
May 9,2020

New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.

According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.

They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.

The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.

A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:

(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or

(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or

(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."

The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.

"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it said.

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News Network
January 28,2020

Mysuru, Jan 28: The Second Additional District and Sessions Court on Monday granted anticipatory bail to B Nalini, who displayed the ‘Free Kashmir’ placard during a protest, and also to Maridevaiah, the organiser of the protest.

Nalini and Maridevaiah had applied for bail as Jayalakshmipuram police had booked them under sedition charges. Nalini had displayed the placard during a protest at Manasagangotri, the University of Mysore campus, recently. The court, which took up the case on January 24, had kept the order pending.

The court directed the accused to submit their passport to the court and a bond for a sum of Rs 50,000. The court also directed them to be present before the police, whenever needed.

Meanwhile, the Mysuru Bar Association has decided to take measures against the association members who are in favour of Nalini. Seventy-five members, seeking to represent Nalini, have withdrawn their support, the association secretary B Shivanna said. The association has suspended advocates Manjula Manasa and P P Baburaj.

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