How to protected our society from corona virus (COVID-19)

What is a corona virus or COVID-19? 

Corona virus is a new virus, an unknown disease until its outbreak began in Wuhan, China in December 2019. Corona virus (COVID-19) is 7actually a major virus in which disease can occur to animals or humans, these viruses will spread from person to person. COVID-19 is mainly done through manufactured drops, while the inflamed person coughs, sneezes and speaks. Those droplets are too heavy to hang in the air, they quickly fall to surfaces and floors. Many systemic diseases in humans result from cold and respiratory infections in more extreme cases, including Middle East Respiratory Syndrome (MMERS) and Serious Acute Respiratory Syndrome.

COVID-19 or Corona virus symptoms are:

The first and most frequent symptoms are fever, fatigue, and dry cough. In most cases pain and aches, runny nose, difficulty breathing, nasal congestion, sore throat and others will be infected, but no changes or symptoms develop and do not feel as if they are ill. People who have reached the age of 60 and who have underlying medical issues such as heart problems, diabetes, and high BP are more likely to develop COVID-19 with severe illness.

Are we at risk of COVID-19:

Most people are at risk of catching COVID-19, with diseases spreading too many new places around the world. Governments and health authorities are taking various actions to reduce the spread of COVID-19. Disease Control and Prevention "show evidence that the virus is mostly spread by large, often noticeable drops when someone coughs or sneezes." It recommends protecting ourselves from washing our hands, covering our sneezing and coughing, while maintaining social security. "This shows that all types of buildings are very effective in spreading the disease." With more reported cases of corona virus in India and around the world, it is understandable that people in residential apartment buildings are concerned about protecting themselves from COVID-19. To keep tenants and workers more secure, residential societies should take measures to reduce the spread risk. However, the situation is unpredictable.

Security measures to keep our society safe:

There are some precautions we can take to reduce the risk of spreading COVID-19 among us.

Washing our hands repeatedly and before entering our home, with alcohol-based hand sanitizers or with soap kills viruses that may be on our hands. In your apartment, regularly clean high transport places in normal locations and they should be repeated several times a day. Apartment management and owners are also instructed on places to clean parking lots, elevators, lobbies and corridors, front desks, common restrooms, children's playrooms, lifts, door handles, swimming pools, gyms, health clubs, and delivery areas needed. Items must be picked up and not brought to the apartment in the lobby.

We have to maintain a distance of at least 3 feet from one person to another when a person coughs or sneezes. This helps us avoid spraying small liquid droplets from our mouth and nose which will contain a virus. If we stay too close, we can also breathe in droplets while sneezing, including the COVID-19 virus when a person who coughs or sneezes has the disease.

Avoid often going out for medical necessities such as supermarkets, congested areas, food markets and shopping malls for our daily needs, try using open shops near your society.

Avoid using lifts, COVID-19 virus can remain on copper for 4 hours, surface, doors and plastics for 24 hours and on steel it will remain for 72hours. The best example that has been used in some residential apartments:

In some residential properties in China, toothpicks have already been added to elevators so that people can work with them. Ear buds may be another option.

Some nets were also instructed on how to use ball styling to press the raise button. After pressing the key, the pen will be covered with its cap.

Meanwhile, AI-powered lifts have been spotted online to allow people to send voice commands instead of push lift keys by a Beijing-based company that is developing an artificial intelligence-enabled lift. Wear a mask when suffering from symptoms of COVID-19 or in particular coughing, not caring for those infected with COVID-19. Face masks can be used only once and immediately after applying them in a closed mask.

Apartments often have to be cleaned, if the surfaces of the house are cleaned regularly, all experts suggest that it is first with a cleaner and second with a disinfectant. Please take extra precautions if you have roommates. You can also implement sanitary systems in your apartment, sanitizers in a building such as a building entrance, gym, common area and mailbox, please allow tenants, workers, elevators and guests to use it daily or when it is required. Outside of all garbage cans and plastic garbage cans, dry / wet garbage cans in the lobby should be fastened with one day, no need or need in society to remove tissue removed from the ground.

Avoid sharing things with others, no household items such as cups, blankets, or even bedding are included, we should avoid exchanges, we must ensure that once after use Wash these things thoroughly. If we want to share anything with our apartment's neighbors, try to avoid or wash them before use, while the virus stays on the plastic for 24 hours.

Security checks at the entrance of residential apartments, when all workers and workers know that their jobs are safe and they should stay home if they are ill, society officials must provide favorable instructions for all workers. Sick workers can only transmit resident pathogens. Ask the society management to ensure that all employees follow the same policy. Residents and visitors should be advised to warn property managers when entering society, especially if they believe they have contracted corona virus. It helps other tenants and workers to be vigilant and take proper care.

In the event that residents and visitors feel they have contracted corona viruses, especially if they were using common areas, proper maintenance of the property will also have to be encouraged. It helps every tenant including workers to be aware and take proper care.

We have to avoid touching the eyes, nose and mouth. We may touch the floors or other surfaces of others, which may contain viruses. The contaminated virus can transfer the virus to your mouth, nose and eyes, this virus can enter our body and make us sick. We must ensure that all people living in your society / apartment follow good respiratory hygiene. You can protect yourself and others by following the hygiene rules in your apartment COVID-19.

If we are ill at home and want medical awareness and call in advance, follow the instructions of our local health authority. Not to drive, swimming pools must be closed, using cab lifts or common spaces, lifts and play areas. Now we sit at home and relax, further we soon recover, not only to harm you and others. If possible, use nutritious food and personal products. It will protect itself and prevent the spread of viruses and other infections inside our apartment.

Avoid traveling to such places, especially if you are over 55 years old or have diabetes, heart or lung disease. These people would be more likely to catch COVID-19.

If someone has visited recently, where COVID-19 is spreading. If you start feeling unwell even with mild symptoms, isolate yourself by staying at home.

Can our pets be infected with COVID-19: We know that patients with COVID-19 are infected with the disease, including animals and cats? Some pets may become infected by close contact with infected humans. Further research is needed to determine how the virus can be transmitted by cattle and plants. It is still too early to know whether cats can be included in the broadcast of COVID-19.

Tips to keep your house safe with COVID-19

During these times of uncertainty, you want your house to be a safe place for you and your loved ones.

The possibility that touching someone with contamination can get the corona virus and then touching one's own mouth, nose, or eyes is still not ruled out and so a hand washing method is necessary.It is proven by the CDC, the National Institutes of Health and other institutions. The 2019 novel corona virus can live on plastic and stainless steel surfaces for two to three days. Therefore, avoid using plastic covers or vessels and buying any new containers in this time frame.

How long the virus survives on the surface depends on how it got there. Just touching one surface does not cause too much transfer, but coughing can cause droplets.

COVID-19 virus can survive for many hours on surfaces, but simple disinfectants can kill it.

To protect yourself and your family members, please include the following: 

• Wash your hands regularly with soap and water. 
• Use sanitizer in a scenario where you are away from the water or traveling outside.
•  Eat diet that increases immunity.
•  Try to use disposable cloth or paper towels as much as possible.
•  Use your elbow or knuckles to push the doors

To protect your house from COVID-19, follow the steps below:

• If a surface is visually dirty, first clean it with soap and water, and then use a disinfectant.
• Wear disposable gloves when cleaning and disinfecting surfaces. The gloves should be discarded after each cleaning.
• Make sure you have good ventilation in the area where you are cleaning.
• Follow the instructions on the label of the cleaning product, and check to make sure it is not finished. 
• Cleaning your house from top to bottom with a disinfectant will ensure that the corona virus is touched by you and will not live on anything affecting family, visitors, or housewives.
• Use a diluted household bleach solution, or alcohol-based solution, with at least 70% alcohol.
• Use EPA-registered disinfectants to kill germs on surfaces. 
• Disinfectant surfaces like regular doorknobs, tables, and handrails.

Your hands are most likely to come into contact with germ surfaces and then touch your face, which is a possible route of transmission of the virus.

So, follow the precautionary measures given below for safe and hygiene: 

• Clean hands at regular intervals.
• Clean and germinate frequently touched objects and surfaces. 
• Avoid touching your eyes, nose and mouth.
• Cover your cough or sneeze with a tissue, then throw the tissue into the litter. 
• Create habits and reminders to avoid touching their faces.
•  Increase ventilation by opening windows or adjusting air conditioning.
•  Change and wash your clothes regularly, especially if you are back house from the grocery store or are still reporting to work every day

Methods of washing hands: 

•  Wet hands with safe running water.
•  Apply enough soap to cover wet hand.
•  Rub all surfaces of hands - including back of hands, between fingers and under fingernails for at least 20 seconds.
•  Rinse thoroughly with running water.
•  Available as dry hands with a clean, dry cloth, single use towel or hand drier.

Additional time for hand washing includes: 

• After coughing or sneezing.
•  After using the restroom.
•  Whenever your hands are dirty.
•  Before dinner.
•  After touching animals or pets.
•  Before and after providing regular care for another person who needs the assistance of a child or elderly person.

Living with family members in a restrained place for long periods of time and blitzing regularly with information about the epidemic can lead to boredom, anxiety, anxiety, and nervousness. It can also give rise to feelings of depression and fear, and can induce physical changes such as chest congestion and insomnia. These are all normal reactions in stressful situations.

Family members should be the necessary source to help all family members feel safe, positive and maintain a healthy mind.

This is the best chance to spend enough time with your family. To keep your boredom away, you can practice below:

• Talk on the phone or make a video call with family and friends. 
• Use other messaging apps to text or talk with family and friends.
•  Play online games that allow them to play with other kids at house.
•  Puzzle or Lego. Keep them clean and separate from other toys in the house.

If you or your family members encounter any emergency warning signs for COVID-19, get medical attention immediately:

• Shortness of breath or shortness of breath. 
• Continuous chest pain or pressure.
•  New fallacy.
•  Blue lips or face

Try to do all your bank transactions, mobile recharge, bill payment and other necessary things online to avoid exposure.

As soon as you touch people, surfaces and objects throughout the day, you accumulate germs on your hands. You can infect yourself with these germs by touching your eyes, nose or mouth.

Consider ways to bring medicines and food to your house through family, social, or commercial networks.

When going out of the house and returning house again, please be sure to follow the points below:

• Use of masks is mandatory.
•  Follow the concept of social discrimination in the queue.
•  Avoid touching surfaces and objects in the supermarket.

Once you return from the supermarket or shops with the necessary items, make sure that you wash your hands and feet before entering the house. Keep aside the items and grocery you have brought and keep it in a place where there is maximum sunlight for a few hours, as there will be a possibility of exposing the virus.

To live a healthy and safe life, be sure to follow all these instructions and cleaning precautions even after the COVID-19 quarantine period.

How Real Estate Affected by COVID-19

COVID-19 affects real estate in the market 

The corona virus scare is infecting people worldwide and affecting the real estate market, as it is spreading rapidly at lightning speed. According to the economist the rate of the economy will decrease as most people have reduced or reduced their income to overcome the current global disease.

Due to the global disease affecting the world, many people are trying to keep away the social disturbances and save their belongings and savings which can come to the rescue in the event of being affected. As per the security measures, the government has implemented mandatory lock-downs, which has led to a slowdown in the economy and a huge gap in the exchange of funds.

Impact on Real Estate: The current situation will affect the economy as it will have serious long-term consequences that can last for months, years or decades and have targeted the market and economy. Currently the real estate is still stalled due to the lockdown as sales and marketing efforts have been halted, with no interaction between buyer and seller. Both customers are thinking twice before trying to exchange money. Even if a buyer does not decide to buy the property or a seller is not selling his property or the investor decides not to invest the money of the property thinking what will happen next in the market, it will hurt the economy. And real estate will decline. As people fear what will happen next due to global illness, there will be less demand from buyers, this will freeze finances and this will have a huge impact in the real estate industry. Construction of projects has been delayed due to travel restrictions. Precautionary measures have also led to a decrease in construction activities.

Real estate mainly relies on project listings, as listings bring in sellers and buyers, it will make money, as long as listings occur, there will be buyers who can put themselves at risk for investment. Since no new inventory is being created on new projects due to the lockdown, there is less advertising on the assets being exposed in the market. Due to the impact of Corona, the global economy has declined and has already impacted the market and businesses in the country which have affected the decline in property prices. The demand for housing is going to be affected as people are trying to save their cash due to salary cuts and may face it if the situation deteriorates, as hiring in the area has been completely halted.

Predictions

According to the survey published by Economic Times, India Bar, on 2 April 2020, there is a huge impact on Indian real estate as it stands still due to the nationwide lock down. Housing sales have been reduced by 25 to 35% and office locations by 13 to 30%. In 2019 residential sales in the top 7 cities (Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Pune and Hyderabad) are about 2.61 lakh units, which can fall from 1.70 lakh to 1.96 lakh units. Similarly, new launches can see a 25 to 30% drop according to ANAROCK Property Consultant. About 4.66 lakh units in the top 7 cities were earlier scheduled for completion in 2020, there may be a risk of delay. The nationwide lockdown has completely halted construction activity, project delays and may last several months until the epidemic arrives and this will cause demand to fall in supply.

Talking about non-residential areas, corporate businessmen are delaying their leasing decisions as many multinationals and businesses are testing the Work from Home option, which, if proven successful, will allow it to be leased in the future.

One positive thing to note is that this is the best time for investors who want to invest in real estate during lock down as it will be a passive income with low investment and high returns, attractive prices for them, Affects sellers financially. Sell ​​your property, good financing options as home loan rates are reduced and use your time in search of better properties.

To conclude how long the corona virus will last, no one knows, if it goes away in two months things may not fully recover or return to normalcy. The spread of the corona virus depends on the weather and how long it lasts, the flu season and it does not like the warm climate that disappears. As it has become a major epidemic and is spreading soon. In the end how long the corona virus will affect the market or economy depends on us and how we are ready to fight against it.

Adverse Possession in Real Estate Market of India

Adverse possession is also described as a "right to squatter", a constitutional law under which a person who does not have a valid title to a small property, regularly owns land (real estate property) legal ownership or obtains legal residency power on the basis of ownership of land with the support of its legitimate owner.

Generally, a property owner has the right to recover property of his property through a legal action such as a legal action such as eviction. However, in English common law, courts have governed when a person occupies a portion of property without authorization and the owner of the property exerts its power to recover its property for a notable period of time. If not executed, not only is the new owner prohibited practicing their power to prohibit, but in the opposing property "Springs Up" is a specific latest title for the property.

Property ownership is absolutely prestigious for all of us, but this iconic status is much more complex. While it is often believed that the law is tilted in favor of the haves, many laws prevailing in our country prove otherwise. One such law is the Limitation Act.

Law

While not accepting possession in a traditional course, the occupier can claim title to the property in case of adverse possession. It is presumed that the property was permissible and legally commenced unless proved otherwise.

The essential demand of possession under adverse possession is that possession should not be obtained through force or unauthorized means.

Limit act

The Limitation Act, 1963 is an important part of the law, which elaborates on adverse possession.

The Act prescribes an amount twelve years for personal assets and thirty years for government owned ones which you must claim on your property.

Any delays may result in future disputes

The principle that the Limitation Act relies on is that the ex limits the measure, but not the rights. This means that in case of adverse possession, the original owner may have title to the property, however, he loses the right to say so during a court of law.

Period of time

To practice this law, the time period is determined by the time the applicant is in possession of the property of the owner.

Possession must be continuous, unbroken and unobstructed for the entire duration. The claimant must have personal possession of the property. However, the reservation phase does not cover the whole in which litigation between the owner and the claimant is ongoing. However, this rule also has several exemptions. If the owner of the property is a minor, or unhealthy mind, or serving within the military, the property resident cannot claim adverse possession.

Below are some basic specifications to be set up to show off adverse possession:

Hostile Possession: The object of the owner of the property will be to gain possession through adverse possession. These rights are derived on the account of the rights of the original owner. There must be a definite or implied rejection of the inscription by the owner. Creating a boundary wall across the entire property can be a means to further this ownership.

Public knowledge: In general the public should be aware of the claimant's possession. This requirement is set so that the actual owner has enough centers to know that a person owned their property and gets a fair opportunity to do the work. However, one is not obliged to inform the principal owner about it.

Actual possession: Actual possession must occur during the period of interruptions. Material tasks such as collecting crops, repairing buildings, planting trees, building sheds, etc. can be intermediaries by which actual possession can be restricted. The owner could not declare possession on the property without being physically occupied.

Continuity: The owner of the property must have clean, unbroken, continuous and continuous possession. Any dispute in rights will violate his rights.

Specification: The owner of the property must have ownership. Possession cannot be obtained by individual entities or individuals for the claimed time period.

Some Problems are:

A milestone has been reported on adverse possession.

In 2004 the case of Karnataka Board of Wakf vs. Government of India and others explained the characteristics of adverse possession. It confirms that the onus is on the applicant to substantiate the facts and testimony necessary to declare the title to the property.

The person alleging adverse possession has to confirm the following before the court:

1. Date of occupation

2. Quality of possession

3. Public occupation was identified

4. Continuation of possession

We need change

This archaic law needs to be renewed as it goes on versus equity. It executes the owners of the property and compensates for trespasses rather than vice versa. However, until the development is done with the SuGanta Realty Services llp owners property should be knowledgeable and monitor them.

www.SuGanta.com

Foreign Exchange Management Act vs. Foreign Exchange Regulation Act or (1999 vs 1973)

Foreign Exchange Regulation Act (FERA), 1973

The Foreign Exchange Regulation Act (FERA) was promulgated in 1973 and came into power on 1 January 1974. Section 29 of this Act related to the services of MNCs in India. According to the section, all non-banking foreign subsidiaries with more than 40 percent foreign equity are required to certify separate functions, to receive allowances in subordinate companies, or to acquire each other company wholly or exclusively.

An amendment to the law governing specific payments, transactions in foreign exchange and contracts, transactions affecting the import and export of foreign currency and foreign currency, maintenance of the country's foreign exchange reserves and its use.

Peculiarities of FERA:

·     It continues for the entirety of India.

·   It applies to all residents outside India and to departments and firms outside India, which are outside organizations or bodies in India or are disclosed or consolidated in India.

It shall come into force on this date by a declaration in the Gazette of the Central Government, the representative in this regard:

It is submitted that different dates can be chosen for different requirements of this Act and any endorsement in any purchase for the initiation of this Act will be interpreted as a sign of developing in the strength of that purchase.

According to these instructions, the initial rule was that all parts and branches of foreign companies operating in India should convert themselves into Indian organizations, including at least 60 percent local equality support. In addition, all foreign subsidiaries must produce foreign equity shares of 40% or less than 40%. The exact effect of the act was completely contradictory to the economic expansion of the country as it obliged the instructions of giant corporate houses to grow their enterprises, hence it was considered by policy makers that the Act should have notable entertainment so that the economic Promotion can be done in the country through industrialization for development.

Foreign Exchange Management Act (FEMA), 1999

The ForeignExchange Management Act (FEMA) was launched in Parliament on 4 August 1998 by the Government of India. The purpose of the Bill is to "strengthen and improve the law that reads foreign exchange with foreign currency to promote and improve external trade and payments." Systematic expansion and protection of the foreign exchange market in India.

Within the many aspirations of the Foreign Exchange Management Act (FEMA), there is a comprehensive one to reform and consolidate all laws associated with foreign exchange. In addition, FEMA aims to improve foreign payments and trade in the country. Various important objectives of the Foreign Exchange Management Act (FEMA) are to encourage the maintenance and improvement of the foreign exchange market in India.

Features of FEMA some of the essential features of the Foreign Exchange Management Act are:

This is consistent with substantial prevailing account convertibility and includes purchases for liberalization of statement account transactions.

It is highly translucent in its use due to deposits under sections claiming special permission of ReserveBank of India / Government of India on recovery of foreign currency.

It listed foreign exchange transactions in two divisions, viz. Capital Account Transactions and Current Account Transactions.

This presents the Reserve Bank with the ability to submit consultations, investments, Types of capital account transactions and transfer limits for all those transactions.

It is the absolute freedom of any foreign resident / person residing in India or the residence of a person living outside India to bear / self transfer and purchase any foreign security / immovable property established outside India.

This action contradicts a civil law and an act that exists only for arrests in exceptional cases.

FEMA: A Major Departure from FERA

As is evident from the name of the Act itself, the importance of explaining FERA is on 'Exchange Management' as under FERA this importance was on Exchange Regulation or exchange fee. Under the FERA, it was necessary to obtain the Reserve Bank's permission, unless specific or common to most regulations. FEMA has initiated about a sea change in the interest and absence of Section 3 which is aided for distribution in foreign exchange etc. There is no other requirement to obtain FEMA designated Reserve Bank permission.

Comparison between FERA and FEMA:
The principal variations among FERA and FEMA:-

                                                                 

The FERA was assembled with 81 different and complex requirements, although FEMA has only 48 simple divisions.

It is prevalent that this account was not settled under FERA, although it was established in FEMA.

Another extended meaning of FEMA is "authorized person" and includes banks.

Adaptability with IT was not traded at all with the support of FERA, yet FEMA has made purchases for IT.

Under, its demolition was an illegal crime that was turned into a civil offense in FEMA.

Under FERA, the application managed to be transferred to the High Court, however, FEMA required a Special Director (Appeals) and a Special Tribunal.

Under FERA, no assistance was given to the accused, although as per section 32 of FEMA, the accused have the right to seek guidance from legal practitioners or lawyers.

FERA was with the major objective of the preservation of foreign exchange, although FEMA was introduced with the major objective of managing foreign exchange.

FERA was formed by assuming that foreign exchange is a scarce resource and therefore should be protected and managed with exceptional care, although FEMA was created with the principle that foreign exchange is an asset and its exact must be management.

Only authorized dealers and money changers under FERA were determined to be authorized individuals, however, even after FEMA, offshore banking units were included in this definition.

FERA is an act prescribed for the payment and monitoring of foreign exchange in India. FEMA inaugurated an act to promote external trade and payments and to encourage the systematic management of the foreign exchange market in the country.

FEMA turned out to be an extension of the more early foreign exchange act FERA.

When the foreign exchange reserve position in the country was not reliable at the time of the establishment of FEMA, FERA came into force, the foreign exchange reserve position was sufficient.

FERA's strategy towards foreign exchange transactions is quite traditional and definitive but in the case of FEMA, the approach is favorable.

FERA depreciation is a non-compound crime at the heart of the law. The FEMA contradiction violation is a complex offense and charges can be dropped.

A person's citizenship is the foundation to search for a person's residential status in FERA, whereas in FEMA the person's domicile in India should not be less than six months.

Controlling the requirement of FERA can lead to imprisonment. Conversely, the penalty for breaking and violating FEMA provisions is a monetary penalty, which can result in imprisonment if the penalty is not paid on time.

Acquisition of property under FERA and FEMA

There is a major difference between FERA and FEMA related to the acquisition of property in India. Following FERA, "citizenship 'was a guideline for acquiring property; under FEMA it is" domicile "which is the criterion. This indicates that, under the FERA provisions, a person who is an Indian citizen owns property in India. Can acquire and a foreign citizen cannot buy property in India (except with permission to NRI).Nevertheless, under FEMA, an Indian resident can acquire property in India which is not allowed to non-residents. In particular, FEMA has evolved as a replacement or enhancement on the former FERA.

Further, as per FERA / FEMA regulations, a foreign company has a branch office or other place of business in India, which can acquire immovable property in India which is incidental or subsidiary to carry out such activity.