Mangaluru, June 17: Inland Estoria, a newly built apartment constructed by Inland Group of Companies, one of the leading real estate company, on Valencia Bishop Victor Road in the city, was inaugurated on Sunday.  

Inaugurating the apartment, Kunil Group chairman Dr Fakruddin Kunil said that it is a beautiful apartment and it has doubled the aesthetic value of Mangaluru.

Inland Group Managing Director Siraj Ahmed said that this is the 42nd project of the Inland Group. All basic infrastructure required for leading a happy life was provided in the apartment. All the 35 flats were already sold out. It was the objective of the company to make customers happy. The company is joining hands with the customers to fulfill their dream of having their own houses, he said.

Inland Group directors Meraj Yusuf, Vahaj Yusuf and senior marketing manager Ullas Kadri were present on the occasion.

In the morning, Riyaz Madani, Giridhar Bhat and Fr. Valerian D’Souza performed all religious rituals before the inauguration.

‘Inland Estoria’

Inland Estoria was developed with attractive designs, best quality and modern facility. In this five –storey residential complex ,   total 35 flats of 2BHK and 3BHK were constructed beautifully with a spacious lobby, visitors lounge, intercom facility, gymnasium, CCTV, generator back-up, double elevator and reticulated gas connection and other facilities. The apartment is just a few meters away from market, education institutions, religious centres, entertainment centres, hospitals and others amenities  . All the flats are already sold out, Siraj Ahmed said wishing all the best for the residents.

Each and every housing and commercial project of the Inland has received good appreciation from the customers because of their attractive designs. The company has an efficient team of experts in the construction sector and constructing model buildings. The company has constructed more than 40 apartments and commercial complexes in Mangaluru and Bengaluru, a release said.

Construction work of Inland Sun Light Moon Light on Kavuru road in Mangaluru, Inland Apiran on Pintos Lane and Inland Mayura in Puttur is under progress. The construction of Inland Edila at Yalahanka New Town in Bengaluru is going on and will be completed in a few months. Shortly, the company would lay foundation stone for constructing Inland Ember apartment at Kadri Kambla in Mangaluru, said the Managing director.

Newly introduced GST and RERA are playing a major role in the real estate sector in the country. These acts have brought in changes in the regulations and norms related to real estate and construction sectors. The constructive changes in the policies in the Act have brought new dimension to the constructing and real estate sectors in India. Moreover, it has played a major role in ensuring transparent business with the customers, Siraj Ahmed said.  

The Inland Company has opened its marketing office in Dubai and fulfilling the needs of the Gulf NRIs. Mangaluru-based people settled in foreign countries have welcomed this decision. In future, the company has decided to extend its business to southern states of the country , he said.

Interested could contact through website: www.inlandbuilders.net or over phone (9972089099) for details.



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New Delhi (PTI): Defence Minister Rajnath Singh on Thursday emphasised the need for round-the-clock monitoring of the West Asia conflict and called for a calibrated response to deal with any eventuality to ensure that national interests remain protected.

Singh made the comments while chairing a high-level meeting of the Informal Group of Ministers (IGoM) set-up to monitor the situation in West Asia.

The meeting was attended by External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Oil Minister Hardeep Singh Puri, Power Minister Manohar Lal, Chemicals and Fertilizers Minister J P Nadda, Consumer Affairs Minister Prahlad Joshi and Minister of Railways, Information and Broadcasting, Electronics and Information Technology Ashwini Vaishnaw.

In view of the "uncertain situation", the defence minister underlined the importance of round-the-clock monitoring of the situation and the need to respond in a calibrated manner to deal with any eventuality, an official readout said.

He stressed on the need to leave no stone unturned to ensure that the people of the country face the minimum effect of the conflict, it said.

It was the second meeting of the IGoM after it was set up last month.

The IGoM was apprised of the measures being taken by the government in the wake of the ongoing West Asia conflict, Singh said on social media.

"We also deliberated upon the next steps to be taken by the government to mitigate any adverse impact arising due to the ongoing conflict," he said.

The defence ministry said in the readout said, "In the meeting, the seven empowered groups of secretaries briefed the IGoM on the steps being taken to tackle the situation."

"The IGoM was apprised about measures undertaken by the Ministry of Finance to address concerns arising due to global trade disruptions and provide relief and support to the industry, especially manufacturing, and bolster investor confidence," it said.

It listed measures including notification issued on Wednesday on full customs duty exemption on 40 critical petrochemical products till June 30.

The ministry also mentioned announcement of a special one-time relief measure for eligible units in SEZs to sell manufactured goods in Domestic Tariff Area (DTA) at concessional customs duty rates to be effective from April 1 to March 31.

It also noted another notification issued by the Department of Revenue clarifying that the provisions of GAAR (General Anti Avoidance Rules) will not be invoked in respect of investments made prior to April 1, 2017.

"These measures will reduce cost pressures on downstream sectors including textiles, packaging and pharmaceuticals, facilitate supply stability in the country and provide requisite clarity for investors contemplating investments in India," the readout said.

Defence Minister Singh appreciated the government's decision to impose a 25 per cent cap on the monthly increase in aviation turbine fuel prices for domestic operations, with effect from April 1.

This step will help protect the people from sudden increase in fares, he said.

The government has accorded highest priority to domestic LPG supply, with refinery production enhanced to fully meet consumption requirements, according to the readout.

"The IGoM was informed that there have been no reports of dry-out at LPG distributorships, and delivery of domestic LPG (liquefied petroleum gas) cylinders continues as per the normal schedule. The temporary supply concerns arose due to instances of hoarding and black marketing, which triggered panic buying in certain areas," it said.

The ministers were informed that strict enforcement action is being undertaken, with raids being carried out across multiple states and Union territories to curb hoarding and black marketing of LPG, the ministry said in the readout.

Action has also been taken against some LPG distributors who engaged in malpractices, it said.

"To support migrant labour and low-consumption households, the government is ensuring adequate availability of 5 kg free trade LPG cylinders, and since March 23, over 4.3 lakh such cylinders have been sold. Special focus is being given to states where demand is higher," it said.

The IGoM was apprised that industrial requirements dependent on commercial LPG are being met, with over 80 per cent of pre-crisis supply levels being maintained to ensure continuity of operations.

"Special meetings have been held with ministries and stakeholders of different industries to understand their demand and meet their needs. Oil PSUs are ensuring continued supply of Auto LPG across the country," the readout noted.

"However, some supply constraints are being faced by private operators due to their procurement challenges, which is why lines are being observed at PSU auto LPG pumps. Wherever the autos are dual feed and can use petrol, they are being encouraged to use petrol," it said.