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Ramalingam

Ramalingam Kalirajan  |2636 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - May 08, 2024Hindi
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I am a seniior citizen, husbsnd & wife residing in own house and taking care of siper cirizen (90 yrs) My neibour taken up extension of the building by adding 2 more floors to his existing gf + ff units. Site measuring 30'× 26' ( divided portion of 30'× 53 ' Only 3' to 4' gap is there betwen the stricture now cinstruction & our portion exposing us of falling out of contruction materials on us and Parked vehicle & putting us in lot of risk and axiety . The neibouring owner and the The contractorhas provided side protection partially & not taken safety measures to prevent falling if constn material which would cause damger to us. Reminders to them to provide sufficient protection & safety measures has fallen on deat ears. They are even adament. Suggest a best way to resolve the issue without affecting the relationship with each. other afterall we neibours.

Ans: I understand the concern you're facing with the construction activity next door and the potential risk it poses to your safety and property. It's indeed a challenging situation, especially when dealing with neighbors.

Here are some steps you can consider to address the issue without straining your relationship:

Open Communication: Initiate a conversation with your neighbor in a calm and respectful manner. Express your concerns about the safety hazards caused by the ongoing construction activity. Approach the conversation with empathy and understanding, acknowledging that you both share the same neighborhood.
Collaborative Solutions: Instead of placing blame, focus on finding collaborative solutions that ensure the safety and well-being of both parties. Propose practical measures such as installing additional safety barriers or netting to prevent debris from falling onto your property.
Seek Mediation: If direct communication doesn't yield positive results, consider involving a neutral third party, such as a community leader or mediator, to facilitate a constructive dialogue between you and your neighbor. Mediation can help find mutually acceptable solutions while preserving the relationship.
Legal Options: As a last resort, you may explore legal options to address the safety concerns if all attempts at resolution fail. Consult with a legal expert to understand your rights and options under local laws and regulations governing construction activities and property disputes.
Remember, the goal is to resolve the issue amicably while safeguarding your safety and well-being. Maintaining a positive relationship with your neighbor is essential for a harmonious neighborhood environment.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

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Construction of +3 house wad done 5 years ago. But permission is there for g+2.? Is its illegal to buy that property? What steps need to fellow to get permission of constructed floor?
Ans: In India, there can be legal ramifications for buying a property with unapproved construction. Here's a breakdown of your situation and the recommended steps:

Legality of Buying the Property:

Buying a property with an extra floor built without permission might be risky.
Steps to Take:

Verification:

Check with the local authorities (municipality, panchayat) to confirm the sanctioned plan for the property. This will reveal the approved number of floors (G+2 in your case).
Decision Making:

Based on the verification:
If the additional floor is unauthorized, you need to assess your risk tolerance. Legalization might be possible, but it could involve penalties and construction modifications.
If you decide to proceed, factor in the potential costs of legalization.
Legalization Process (if you decide to buy):

Consult a lawyer specializing in property law. They can guide you through the legalization process, which may involve:
Applying for permission for the additional floor.
Paying fines and penalties for unauthorized construction.
Getting structural stability certificates from engineers.
Potentially modifying the unapproved floor to comply with regulations.
Important Note:

Local regulations for building permissions can vary across India. The specific process for legalization will depend on your location.
Recommendation:

Before buying the property, it's crucial to understand the implications of the unapproved floor. Consulting a lawyer can help you make an informed decision and navigate the legalization process if needed.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Archana

Archana Deshpande  |37 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 19, 2024

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I have completed my B.E in Mechanical in 2021. But jobless till now due to many factors such as following: 1)Due to family issues 2)Low Salary packages inspite of longer distance travelling to office 3) Slow growth in the establishment 4) preparing for govt jobs No I am fed up with all above things... What to do ?
Ans: Hi!!
Syed, you are asking me what to do, here are my suggestions-
1. have clear goals with respect to your job
2. you have listed so may reasons for not taking up a job, now find a few reasons to take a job - your self respect, your own money to spend are some I can think of
3. it's very easy to quit a job, find reasons to stay
4. invest in your physical and mental well being, a clam and collected mind will take better decisions
5. I really won't say slow growth in an organisation, if I had finished engineering in 2021 and it is middle of 2024 now
6. preparing for Govt Jobs is a good idea, look into doing this thing well if you are really serious about it
7. give your 100% in everything you do Syed!! Let there be energy, enthusiasm and excitement in your search for a job, it's your life, take charge of it and see how you want it to unfold. Do all that which is in your control
8.you get fed up when you don't see progress and not celebrate your wins however small they may be! Every step you take towards your goal, pat yourself on the back, be your greatest cheer leader
9.do not compare yourself with others, compare only if you feel inspired
10. focus on your well being and happiness
11. take up a job and do well there, it is better to do a job than to sit idle or
12. look to upskill in an area you want to work, look for job oriented courses
13. seek help if need be

All the very best!!

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Hi, I have worked in reputed corporate company for 3 years as Data Integration Analyst and due to burnout I took a break for 1 year 2 Months. Now I want to get back to IT, however I am not getting sufficient call backs from HR. I would like to know do I have chance to get into IT again with this gap? kindly help
Ans: Hi!!
Congratulations on taking a break because you felt exhausted and recognised a need for a break! You prioritized your well being, good. Not many have the courage to do this and the support system that allows them to do this. Count your blessings!!

I am splitting my answer into two parts..

Part A: Ask yourself - "why did this burnout happen?", write them down, analyse and ensure it doesn't happen again.

Part B: Tell yourself - "1 and a 1/2 years break is a very small gap in a lifetime". I would have loved to know how you utilized and spent this 1 and a half years. This is for everyone who is taking a break, take a break but use your time wisely to learn a skill, volunteer, travel... it has to be action oriented and not just sleeping and wasting your time, do all those things that you could not do because of your job! When on a break focus on your physical, mental, emotional and spiritual areas of your life. Let the blossom.

If you want to stick to IT industry then keep looking, you'll find what you want. Ask for help from seniors and people you know to get you back into the job market. Ask and don't be afraid of hearing a NO, don't take a "no" personally. Ask and you shall seek. Meanwhile keep learning skills to up your prospects in whatever areas you want to work.

All the best!!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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