Sourav Chopra | 
09 30th, 2008
The Supreme Court has stayed a plan proposed by the central government to keep some seats reserved for the backward-category students for a period of three years in the higher educational establishments across various states in the country. The SC bench dismissed the plea which wanted that the seats reserved for candidates of the OBC category, if left vacant, shouldn’t be allocated to the general category, GC students.
On behalf of the government, the plea was brought forward by solicitor Goolam Vahanvati. He gave the example of JNU where the government had to allow the vacant seats of the OBC category to be filled by the candidates of the general category. This was argued as a contradiction to the recent educational reservations made for the OBC students. The SC bench, however, rejected this proposal and adjudicated that this was a waste of national resources. The SC has fixed another future hearing in this case.
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September 23rd, 2010 at 8:25 pm
Condo
The American ideal is to have two children, a vehicle and a residence with a white picket fence. Condos do not have white picket fences. Condos have in no way made an inroad being a substitution for a house in fulfilling the American dream. Let me count the methods that condos are not a good investment.
Motive 1
The goal marketplace to get a rental is both recent university graduates which are single or elderly retirees that should not maintain a lawn. The size of these two demographics as being a proportion from the inhabitants guarantees that there will in no way be a large demand for condos. A rental suits the needs of a quite little piece with the American population. The new graduates that buy a apartment constantly would like to trade-up to some house within a couple of years soon after getting raises in their jobs. When they trade-up to some property they will never drive to personal an additional apartment.
Motive 2
Condos are just a glorified house complex. Very handful of men and women wish to invest 30 years of their lives living in an environment the place there may perhaps be someone living over, beneath, to the correct and to the left of you. Neighbors who play music as well loud or who cook with a good deal of spices make the allure of possessing a condo really unappealing.
Purpose 3
Condos also possess the damaging of getting a shared physical exercise room. If you need to work out you have to walk to this physical exercise space and probably wait until someone finishes site in order to the gear. In situation you owned a residence, you could walk to another room and work out instantly. This is a different downside of possessing a apartment.
Purpose 4
Condos have month-to-month affiliation fees that you are required to spend. These charges cover the upkeep to the exterior of the building, the typical regions and for upkeep. There’s a simple board that oversees the condominium affiliation. This board can enjoy the authority to dictate what colours you may probably paint your unit or whether you’ll have the opportunity to setup a Christmas tree or whether you ought to have a plant in your balcony. A great deal of individuals find these restrictions coupled with all the outrageous price enough to discourage them from possessing a condo.
Cause 5
Condos have standard skilled a significantly reduced price tag appreciation than houses. In market place declines the price of condos decrease very much much more swiftly than homes. Nobody desires to invest six figures in a very spot to reside only to find out the value of the property has not greater 5 years later. People today would considerably rather invest in something that will appreciate and condos rarely fit this requirement.
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