Showing posts with label tips. Show all posts
Showing posts with label tips. Show all posts

Sunday, February 27, 2011

Striving for better fire safety and protection:Tips for better fire protection

Many markets , bazaars, multistory public and private buildings are built without any fire protection and safety mechanics. The incidents of fire in the country are on the rise and there is need to introduce new fire safety laws and devise fire escape plans to ensure construction of buildings with emergency fire exits.
A recent incident was the electrical short circuit that occurred in a warehouse that stored fireworks in Shah Alam Market in Lahore in early February this year. The resulting fire engulfed 11 buildings, and the fire fighters faced severe difficulty in putting it out as the fire engines were unable to reach the site due to congested streets. How can such incidents be prevented?
Here are some precautions landlords and tenants should take:
1) Ensure that the electrical wiring can bear the required electricity load,. Have the wiring checked by a qualified electrician at least every six months to make sure that it is functioning properly.
2) Take necessary precautionary measures when it comes to storing flammable material such as firecrackers and cigarette lighter fluid. Use fire-resistant cabinets and bins and ensure adequate ventilation.
3) Never leave a smoldering cigarette, as electrical appliance or a lit stove unattended.
4) Make sure that all electrical equipment is maintained properly and checked frequently.
5) Fire exits should be marked clearly so people can evacuate the building in an organized manner; fire extinguishers should be placed in prominent places.

6) Have a fire alarm system, or several smoke detectors installed for early detection.

Unfortunately, there is no mechanism in Pakistan that ensures regular inspection of all buildings for fire preventive purposes. A possible solution to this would be if the urban development. police and fir service departments worked together to ensure that construction bylaws are not violated by builders and developers. The government should also enforce and introduce modern construction rules for the safety of buildings from fire, so that commercial buildings and warehouses meet the required international standards.
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Sunday, October 24, 2010

Buying And Selling Property: How To Sell Property In Reasonable Price:Tips On Selling Property

As the world wide slump in the real estate market continues, a definite trend in consumer behaviors has emerged which has seen more people interested in selling property rather then buying property.
In Pakistan, the stagnation in the market has considerable drop in both the purchase and the selling of property for a variety of reason including:
- The wide gap between the prices demanded by sellers and what buyers are willing to pay.
- The higher collector rates announced in the current budget.
In such a scenario, the question is what should people who wish to sell their property and do still obtain a reasonable price?
Property owners have two options:
1) Hold on to the property until the market picks up, which may be a few more years.
2) Sell the property immediately based on the higher offer made by a legitimate buyer.
One of the drawbacks of adopting the first option is the uncertainty attached to when better times will come and more importantly the fact that prices are unlikely to rise significantly any time in the future for sellers to make sizable profits.
The Second option on the other hand provides the opportunity for seller to not only sell their property at reasonable rates but to further invest the money earned from such sales in low prices property currently available in the market. The point is that in these slow times there are always some desperate property sellers willing to sell their property at bargain price and changing rates from seller to buyer is much easier to do now then under normal market conditions.
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