first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, August 25, 2017 – Providenciales – Travelers to the Turks and Caicos Islands will now be known to Border Control officials even before they arrive as the country joins with CARICOM and other nations in a system designed to electronically capture information on those visiting.    The measure, called Advance Passenger Information System or #APIS was on Monday tabled in the House of Assembly as on its way by Border Control Minister, Deputy Premier, Sean Astwood, if supported by members.“Small island developing states like our beloved Turks and Caicos islands, must find the balance to embrace the opportunities of globalization, while capitalizing on the powers of an integrated world community to mitigate against the inherent threat that comes with it.”DP Astwood said the US, the UK and members of the Caribbean Community are undertaking the initiative as a crime prevention measure – deterring drug smuggling, human trafficking, weapons and other contraband entering any participating country.    The Deputy Premier explained that APIS even speeds up delays at the airport.This profound growth in passenger traffic while great for our tourist industry and vital to our economy  brings with it several challenges, ranging in severity from inadequate airport facilities to threat from serious crime and terrorism.     And although, Mr. Speaker, we in the TCI can still enjoy what we can still deem as a very safe destination, we must recognize and appreciate the risks that exists and take measures to mitigate against them for the sustainability of  the industry and our very way of life.”The introduction of APIS will require changes to the Immigration Ordinance and will hopefully curtail spending as it relates to the human resources it is increasingly taking to manage borders.The measure will take effect soon.#MagneticMediaNews Signing of the Air Passenger Information Services Agreement (APIS) Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#magneticmedianews, apiscenter_img TCI needs UK letter of approval to start APIS with CARICOM Recommended for youlast_img read more

first_imgAnuj Puri is Chairman of ANAROCK Property Consultants. Views are personal. The above graph confirms that a large chunk (67 percent) of unsold inventory to be completed in 2018 will be added in National Capital Region (NCR), Mumbai Metropolitan Region (MMR) and Bangalore.· Over the past few years, NCR – largely an investor-driven market – has been a front-runner a mong the top 7 cities in terms of churning out new residential launches. However, developers’ focus on completions has been minimal. Now, the entire new launch activity seems to have shifted to a slow track due to the combined effect of demonetization, RERA and GST. Among NCR’s many developers, those that had been relying of deceit and misinformation are now having a rough time as the real estate business as a whole re-orients itself to the rebooted market conditions where focus on project execution has become a paramount consideration.· MMR’s real estate market is driven by a good mix of investors and end-users, and has also been flooded with new launches over the past few years. While the many structural changes and policy reforms in the recent past have taken the sheen off the high-end and luxury real estate segment, mid-range and affordable housing projects will remain in focus in MMR for the foreseeable future. With massive growth potential and huge latent demand in the suburbs and peripheral areas, housing requirements in these regions will make a comeback sooner than in other parts of the city.· Bangalore, largely an end-user driven market, has always adjusted as per market guiding circumstances and developers have accordingly restricted new launches to align with realistic absorption potential in such a market. This time around too, Bangalore’s developers are concentrating on completing existing projects rather than adding new ones to the market.In terms of affordability, buyers scouting for ready-to-move-in homes priced below Rs 80 lakh will have a bracing spread of options across the top 7 cities. Overall, buying ready-to-move-in properties in a buyer-favouring markets is always beneficial:· No execution delay· Attractive pricing· Buyers can relocate immediately to save on additional rentals· WYSIWYG (what you see is what you get)The major disruptive structural changes and policy reforms are now behind us. As 2018 begins on the right note of transparency and the right approach by developers, ready-to-move-in homes are indeed the flavour of the season. If Union Budget 2018-19 takes the right direction for the Great Indian Middle-Class, the sales uptick of these properties could be very significant indeed.Anuj Puri Real estate [Representational Image]A whopping 7 lakh residential units had remained unsold across top 7 cities of India at the end of December 2017. Add to this around 1.7 lakh unsold apartments that will be completed in 2018. Does that invoke grim concerns for the Indian real estate sector? Or, is there light at the end of the tunnel? Is the return of a bullish buyer market round the corner? More importantly, how will the upcoming Union Budget 2018 help the expected realty resurgence?  The Indian real estate market is waiting with bated breath to see how it can benefit as the year 2018 unfolds. In fact, it has never been a better time for aspiring homebuyers, as there is a more than generous stock of ready-to-move housing options across most Indian cities.Ready properties are the pièce de résistance of 2018, not least of all because they are the most de-risked purchase proposition, do not attract GST and offer instant gratification. After all, owning a house is the culmination of almost every Indian’s lifetime efforts and aspirations.The sense of security, achievement and social stature linked to home ownership is what has for long been driving the demand for – and supply of – residential developments across India. All major roads, railway stations and airports are flanked by hoardings that advertise real estate projects.With a massive urbanization rate of more than 30 percent (estimated to reach 40 percent by 2030), the demand for homes in India is an assured long-term story in which chapters will continue to unfold. However, due to wavering economic growth, an uncertain job market and rising property prices, residential real estate demand has remained largely subdued over the last few years.Paradoxically, developers continued their protracted project launch spree – leading to a huge unsold inventory pile-up.Due to the structural changes and policy reforms such as demonetization, Real Estate Regulatory Authority (RERA) Bill and Goods and Services Tax (GST), the new launch activity slowed down in 2017. Nevertheless, December 2017 saw more than 7 lakh units remaining unsold across top 7 cities of India.Under the RERA regime, stringent guidelines and financial discipline have now been force-fed into the systems and processes governing the real estate business in India. Unsurprisingly, developers are now focusing on completing existing projects to avoid being entrapped in compliance hassles.This sharp focus on project completion is a blessing for homebuyers. The mammoth unsold inventory has already turned the Indian real estate arena into a strongly buyer-favouring market.Now, at the beginning of 2018, there is a huge opportunity to cherry-pick ready-to-move-in house as around 1.7 lakh unsold units are likely to get completed in this year. With the right kind of boosts to the Indian consumption story, we could see a massive return of buyers who are hoping to snap up ready-to-move homes but need that last decisive ‘last-mile’ incentive push.last_img read more

first_imgBy The Associated PressGREENWOOD, S.C. (AP) — A South Carolina man who swapped out a town’s segregated World War I plaque says he was tired of the city receiving negative attention for the memorial.Trey Ward spoke Saturday to a group of Democrats in Greenwood about installing a new plaque that listed the names in alphabetical order instead of separating “colored” soldiers, according to The Index-Journal.In a July 7, 2018 photo, State Rep. Anne Parks, D-Greenwood, and local resident Trey Ward stand next to a recently desegregated war memorial in Greenwood, South Carolina. Ward swapped out nameplates of fallen World War I and World War II soldiers listed by race with ones that display the names alphabetically. Ward says he was tired of the city receiving negative attention for the memorial. (Adam Benson/The Index-Journal via AP)“The reason I got involved in this, every time national media came to Greenwood, the first thing they did is go down to the square and write about the monument that lists the valor of dead Black soldiers as ‘colored.’ It was a in a way, our calling card on our Main Street,” Ward said.Several local men had previously filed a lawsuit in 2015 to have the monument revamped, and the mayor had raised money to pay to have a new plaque made.“I really, really do not deserve any credit for this at all. All I really did was turn some screws on a plate, and I stand on the shoulders of a lot of great people in this community that really did this,” Ward told the group of Democrats, who honored him at their monthly meeting.Ward, who accepted a symbolic $1 to do the modification job, also said he was inspired to action by growing up in the era when schools were integrated.State law generally prohibits alterations to monuments without state approval. That law was enacted to protect monuments during debate over removing the Confederate flag from atop the Statehouse.A judge ruled in favor of the veterans group seeking to have the listing on the monument changed. However, the issue was still being litigated when Ward took action.The judge noted the monument was privately owned by the American Legion, even though it sits on public property. The judge said private ownership allows for changes despite the state law known as the Heritage Act.State officials initially asked the judge to reconsider because they think the decision could leave other monuments unprotected. After the monument was changed, the defendants asked the judge to vacate his ruling, saying that after the plaque switch the issue is moot.“Simply put, there now is nothing left for the Court to do and nothing left for the Court to enforce,” the defendants’ attorneys wrote in a motion to vacate a ruling. “The plaques were replaced by a person not a party to this case and, thus, the case was mooted by a non-party without regard to the actual legal issues pending in this case.”last_img read more