indo okanagan times - february 7, 2015

Volume 2 Issue 9 www.indookanagantimes.com February 7, 2015

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Baljinder Mann Born in Mahimadowal vil-lage of district Hoshiarpur on May 15, 1964to mother Bhajan Kaur and Father BhajnaRam, this versatile personality completedhis primary studies from the village andafter completing his higher education fromKhalsa College of Mahilpur, he did his

B.Ed. along with Journalism and mean-while, he is wandering in the society as ajournalist, author, litterateur, critic and ananalyst. Most importantly, he is employedas a teacher in a government school de-

spite all these and known asa role model for his employ-ment. I am trying to presentthe information of this versa-tile personality in front of thereaders about his struggleand achievements which heshared with the journalistDaljit Singh Ajnoha:-Baljinder Mann wrote 9 fun-damental books, translated4, edited 14 books and pub-lished Insaniyat de Punj in1993. He is continuously ed-

iting and publishing child magazineNikkiyan Karumblan since 1995, has re-viewed more than 250 children books, var-ious newspapers and magazines. Around3000 of his compositions has been pub-lished in newspapers and magazines andis further printing regularly. He use to par-ticipate in Doordarshan and Radio Jaland-har as an expert, has worked withAmerican Biographical Institute in 2004 asConsulting Editor, has met honorable Pres-ident on January 26, 2007 as a developerteacher and author, has participated in theInternational Cultural Festival, Kullu in 1998as a culture leader-has gone to many inter-national tours and hiking trekking, is chiefadvisor of 4 different organizations, Presi-dent of 3 clubs-Vice President and PressSecretary, member of 2 academies-Founder of well recognized cultural, literary,educational programs in 5 different areas,these programs are continuously been or-ganized today also in his leadership. Hehas been awarded as below: Shaheed Har-bans Singh Sarhala Khurd in 1994,awarded on January 12, 1995 by DistrictYouth Deputy Commissioner, Shri C.Roul,awarded for his social service on August15, 2002 by District Administration,Hoshiarpur. He was honored with PrincipalTarlochan Singh Bhatia Child LiteratureAward by Labran in 2003, S. GurbakshSingh Preetlari Award in 2005 by LionsClub Action, Best Teacher Award by RotaryClub, Hoshiarpur in 2006, Child StoryAward by darpan Sahit Sabha, Saila Khurdin 2007. Similarly, he is honored with 15prestigious awards by various educational,regional, social and literary institutionssince 1988 till 2010 which is an exemplarin its own. Knowing about him it feels like

Baljinder Mann is not only a name of a manbut it is the institution which has alwayscontributed to new and healthy lines andhas done a worthwhile effort time to time.Due to feeling of patriotism since childhood,he joined NNS Unit and got a chance to be-come a better orator in Khalsa College,

Mahilpur. Litterateur Dr Manmohan SinghDhir and the literature of the library herecreated a literary spark and he started jour-nalism. He worked for renowned publica-tions of Punjab from 1984 to 1994 whichincludes Punjabi Tribune, Ajit, Jagbani etc.Along with this, apart from Radio and Tele-vision, he became a successful moderatorof the fests. After that, he did investigativejournalism on Hoshiarpurs historical vil-lages and provided the information onthose to the readers through different pub-lications and similarly, he started investiga-tive column on football and didinvestigations on National Youth Awardholder Young teachers and published twobooks at the same time named Samey deHaani and the other, Punjab de SaggiPhull-which inspires the youth to creativeworks. His hand written first book, FootballJagat, Mahilpur published in 1995. Baljin-der Mann had a passion to overcome theevils of the society due to which he foundedPunjabi Sahit Sabha in 1987 with the helpof his friend Amrit Diwana which organizedtri-linguistic Kavi and Kahaani Darbar andmany seminars on the state level andfounded Dhadi Amar Singh Shonki Trust tolink Mahilpur with culture with inspirationfrom the famous journalist author S AshokBhaura when there was full terrorism anddid his efforts to link up the people whowere away from each other for one or an-other reason. He took the help of the fa-mous personalities like Kamaljeet Neelonand Dr. Rama Rattan in this. Mann told thathe learned journalism from the editor ofPunjabi Tribune and Sahit Academy Awardholder S. Gulzar Singh Sandhu and MasterS Ashok Bhaura was the one who had holdhis finger in this field. Meanwhile, he gotcloser to the literature in the company of Gi-aniKewal Singh Sailani and S. JagdevSingh Jassowal. After that, he continuouslymade his separate identity in every field. S.Mann has created history in Punjabi ChildLiterature by publishing a book, Nannu daBagicha, tales of an eight-year old girl child,Sukhchanchal Kaur. S. Mann has addedfeathers to his cap by giving his memorablecontributions in the field of Literature, Cul-ture, Sports History, Child Literature, Edu-cation etc. Despite all these achievements,his aim is not to earn money but the wel-fare of the society. May God bless thisunique servant of society and literature andhe continue to work for the society and helpthe people in these ways.

Daljit Singh Ajnoha98721-83601

Daljit SinghAjnoha

Hoshiarpur

Indo-Okanagan Times February 7, 2015Page 2

Indo-Okanagan Times Page 3February 7, 2015

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LETTERS TO THE EDITORWELCOMEThe Indo-Okanagan Times welcomes letters to the editor onsubjects of interest to our readers. The editor reserves theright to edit letters for libel, length, content and style. Shortletters are most likely to be chosen for publication. Lettersmust include your name and phone number or email, for ver-ification purposes. Send to :

[email protected]

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Clean up your own city before bashing others

Dear Editor,

Surrey has social problemsand challenges like anygrowing metropolis. It hasbeen the butt of jokes fordecades. Time for that tochange! Surrey is soon tobe the largest city in B.C.and one of the best placesin Canada to invest.It is interesting that peopletarnish all of Surrey due tosome of the social prob-lems found largely in Whal-ley and perhaps Newton.People do not tarnish all ofVancouver due to some ofthe social problems found inthe Downtown Eastside.There is no comparison be-tween what is happening inWhalley and what is hap-pening in the DowntownEastside, and yet this soci-etal discrimination existsagainst the people of Sur-rey by uninformed locals.As far as I am concernedclean up your own houseand your own city beforebashing others. Have weforgotten that the Down-town Eastside is home tosome of the poorest postalcodes in the entire country,despite being located nextto some of the richest?Some of the commentsabout Surrey in the newsmedia and social media isbordering on geographichate speech. There is evenan official Facebook pagedesigned to do nothing butmake fun of and bash Sur-rey and the people of Sur-rey. This crosses a red linebecause the people of anentire city are impacted un-fairly. Many people in Sur-rey are hard workingfamilies and just trying toget by. The last thing thesefamilies and their childrenneed is your social stigmathrown at them. If Surreywas so bad there would notbe over 1,000 new resi-dents moving to Surreyevery month and Surreywould not be one of thefastest growing and devel-

oping cities in the country.Just walk around the newSurrey City Centre and youwill feel the pulse of an exu-berant city in transition withthe new City Hall, CivicPlaza, Surrey Central Li-brary, SFU Surrey andKwantlen moving into thenew Marriot Hotel building,not to mention Central CityShopping Mall and HollandPark, as well as numerousnew affordable residentialhigh-rises climbing towardsthe sky. Furthermore, thereare major companies andorganizations such as theRCMP, Fraser Health,Coast Capital Savings, andCanada Revenue Agencyall having major offices inthe evolving downtowncore. With that being said,why do Surrey basherseven exist? Do they feelmore important and supe-rior when they put down thepeople of an entire city, an-other place perhaps lesswell off than theirs, ormaybe they get self-gratifi-cation by simply bashingsomeone elses home town.Whatever the reason, I feelSurrey bashers risk havingtheir negative thoughts,feelings, and behaviors to-wards Surrey adversely im-pact their life energy, vibe,and karma. Have you evermet a basher of any typethat you liked? The onlypeople they impress arethemselves.Alex Sangha is an awardwinning social worker andauthor who lives and worksin Surrey. His third socialdiscussion book, Catalyst,was a Finalist in the CurrentEvents and Social Changecategory of the Next Gener-ation Indie Book Awards for2014. He is also the recipi-ent of the Queen ElizabethII Diamond Jubilee Medalfor Social Work and Com-munity Service. For moreinformation check out hisauthor blog athttp://alexsangha.com


Calling all South Asian Writers & Media , , (-) , , , , , ,, , , z ( ), zz - z,

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A" Directory of South Asian Writers &Media in Canada " isbeing compiled that willalso include Literary Asso-ciations, Awards, SouthAsian Media etc. South Asian (Indo-Cana-dian) authors who write inEnglish, Punjabi, Hindi,Urdu, Bengali, Gujarati,Tamil, Telugu, Nepali andother languages are en-couraged to send their de-tails with photographs tobe included in this useful

and up-to-date informative book. All media people are requested to send in-

formation about their publications(newspa-pers, magazines), TV and radio programswith the web addresses. This directory will help librarians, scholars,teachers, students, and readers to knowmore about the works of fiction and non-fictions.Suggestions are welcome to make this vol-ume more comprehensive and informative.Details may be e-mailed to: [email protected] for your kind cooperation.RegardsDr.Rajwant Singh Chilana, Former Librarian, UBC, Vancouver& Professor Emeritus, Univ. of Illinois, USA

Dr.Rajwant Singh Chilana

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Youth to come forward to build a healthy society and strong Punjab-Prof. ChandumajraYouth invited to link with Punjabs rich cultural heritage

Need for heritage conservation wave to confront social evilsBanga (Narinder Mahi) General Secre-tary of Shiromani Akali Dal and Lok Sabhamember, Prof. Prem Singh Chandumajra,

has invited the youth of Punjab to come for-ward to link up with their rich heritage andpay their duty in building a healthy societyand make Punjab a prosper state of thecountry. He was addressing the youth fromall over Punjab today at the inaugurationceremony of second days event of PunjabState Inter-University Youth Heritage Fes-tival at Sikh National College here.Inviting to take guidance from Punjabs richcultural, historic and religious heritage,Prof. Chandumajra said that youth has theabyss power and if this power is set in theconstructive activities then there is no rea-son that our state will appear to be the beststate not only in our country but the wholeworld. He said Youth aged between 18-35 in ourcountry occupy more than 65% of the totalpopulation, So special attention should begiven for the welfare of the youth and over-all development of their personality. He saidif our youth will be physically fit andequipped with the advanced knowledgeand technique only then they would be ableto beautify themselves and their nation.Prof. Chandumajra said that Governmentof Punjab is fully adamant to make it adrug-free state and has started the cam-paign in full boom for this purpose. He said

Punjab cannot be drug-free until the youthof Punjab will not be linked up with its richheritage. Prof. Chandumajra said sports

may also prove to behelpful to keep awaythe youth from drugsand so the PunjabGouvernment is tryingeverything possible toencourage sports cul-ture in Punjab. He saidthat youth free fromdrugs can only con-tribute to the progressof their state and na-tion. He invited PunjabKala Parishad to startheritage conservationmovement against thesocial evils.Prof. Chandumajra

thanked Punjab Kala Parishad for organiz-ing this youth festival in Banga city ofDoaba and congratulated Principal of thecollege Dr. Dharmajit Singh, staff and thestudents for this effort. He also announced2 lakh rupees to Sikh National College,Banga from his discretionary quota on thisoccasion.Earlier, Chairman of Punjab Kala Parishad,Shrimati Harjinder Kaur, welcomed theChief Guest and other dignitaries and saidthat the youth of Punjab should feel proudof their rich heritage. He appealed to theyouth to adopt special symbols and tradi-tions of the Punjabi culture.Secretary of Sikh Educational Society, Col.Jasmer Singh Bala; Punjab Lalit AcademyPresident, Harvinder Singh Khalsa; PunjabSahit Academy Vice-president, SarabjitSingh Sohal; Vice-president of PunjabSangeet Natak Academy, Dr. DavinderSingh Chhina; Director, Youth Welfare,Punjab University, Dr. Nirmal Jaura; Direc-tor Youth, Punjabi University, Patiala, Dr.Satish Verma; M.D. of Central Co-operativeBank, Patiala, Harinderpal Singh Chandu-majra; BJPs district president, SanjivBhardwaj and Dr. Naresh Rawal were pres-ent on this occasion among others.


NRIs Renting Land in IndiaThroughout the annals of Indian society,gold and land have long been favorite as-sets to collect, even more so than cold,hard currency. Though gold is literally worthits own weight and carries a certain blingfactor, land has the everlasting ability togenerate a constant cash flow through rent.Many Non-Resident Indians (NRIs), by wayof purchasing or inheritance, have propertyin India that is suitable to rent out to ten-ants. There are obvious benefits to rentingout land that is not being used personally,but NRIs have to contend with problemsthat arise with tenants taking over theirproperty illegally.As long as an NRI owns land in India, it ispermissible to rent out the property. Rentproceeds can be freely repatriated andcredited to a Non-Resident External (NRE)account or a Non-Resident Ordinary (NRO)account, both of which have been de-scribed in earlier articles. If neither of theseaccounts is a suitable option, proceeds canalso be remitted abroad directly. In thisscenario, it is important that the appropri-ate certification from a chartered account-ant is received, declaring that all taxes havebeen duly paid. Remember, rental incomeis taxed in India. Since rent is incomeearned in India, the NRI is responsible forpaying tax on it in India as well. Usually,the applicable tax is deducted at source bythe payer of rent(the tenant). The payermust obtain a TAN number and deduct TDSof 30 per cent from the rent amount. Addi-tionally, the tenant must provide a TDS cer-tificate to the NRI. The onus, by law, is onthe tenant to deduct the tax, but NRI land-lords should cover themselves legally. It iswise to file tax returns and pay the incurredtaxes by the NRI if the tenant fails to deductit directly from the rent. Since the NRIowns global property, it is also good proce-dure to check with Canada RevenueAgency (CRA) to find out if Canada leviestax on residents in relation to their global in-come. Simultaneously, the NRI should ref-erence Double Taxation AvoidanceAgreements that India has entered withvarious countries, thus avoiding payingtaxes twice on the same income.Tax exemptions are available for NRIs withregards to rental income. If total income inIndia, including rental income, is below thebasic exemption limit of Rupees 1.6 lakh,NRIs can get a TDS exemption. Thisprocess can be complicated because theNRI needs to apply to the tax authorities fora tax exemption certificate and submit thecertificate to the tenant. The issue of thecertificate is at the discretion of the tax offi-

cer, who needs to be convinced about thevalidity of the NRIs case. An easier alter-native is to file returns and claim a refund ofthe TDS paid. In such cases however, therental income may be taxed fully in thecountry within which the NRI lives. This de-pends on the tax laws of that specific coun-try. For example, if the NRI is a resident ofCanada, even though the rentalincome isbelow the basic exemption limit in India,and the NRI pays zero taxes in India, thisincome will be added to the income inCanada and taxed according to Canadiantax laws.Actually renting out a property, or leasingland, is where NRIs face a majority of theirproblems. Living thousands of miles away,it is no easy task to rent property to a trust-worthy and honest tenant. Some NRIschoose the property management route,where they give their Power of Attorney toa property dealer or a relative, who in turnfinds a tenant, creates a rental agree-ment/lease, collects rent and maintains theproperty. This is done for a price, agreedupon by the NRI and the individual manag-ing the estate. Unless the Power of Attor-ney is specific and limited to one task at atime, this can occasionally be a way for theperson managing the property to commitfraud against the NRI, by either selling theinvestment or transferring it into their ownname. Even if the property dealer or rela-tive acts in good faith, another issue thisarrangement can raise is through the sign-ing of a rental lease. Like many countries,in cases of landlord-tenant disputes, thetenant usually has more rights due to theterms (or lack of clearly defined terms) of arental lease. Though a civil country, with fairlaws, India is a difficult country to partakein a civil law suit. The reason being that theIndian court system is extremely slow, tak-ing civil cases years, if not decades, to beresolved even if all documents are in place.Add to this equation an NRI landlord, whois rarely present in India, and the NRI is leftat the mercy of a local lawyer; a lawyerwhose interest is personal rather than infavor of the client is very common. As oddas it may sound to an NRI, sometimes thebest option, as compared to going to court,is to settle with the tenant out of court.While the NRI obviously loses out on rent,some tenants ask for moving costs and/orhelp with paying a deposit at their newrental place. In the end, unfortunately, thismay be the cheapest avenue for the land-lord.Apart from the above, another difficultyNRIs have faced in the past is property en-

croachment. There are two ways in whichillegal occupation can take place. First iswhen squatters prepare forged documentsand threaten the owner that the owner doesnot have legal rights to the property. Gen-erally these are thugs or people with con-nections with crooked officials or politicians.These kinds of tactics are used to forcesomeone to pay a cost for redeeming theirproperty and enjoying peaceful possession,or to force them to make a sale at a dis-tressed value. The second is where a ten-ant forcefully overstays and illegallyoccupies your property in the face of an in-adequately drafted contract, like the rentallease mentioned earlier.Luckily, there is a silver lining to thesepredicaments and methods that NRIs canuse as protection against such incidences.The basic rule for a non-resident to followis to ensure that all documentation is inplace to prove legal rights over the prop-erty. To establish right on the property theowner, or a person claiming possession,must have documents such as the titledeeds, jamabandis, mutation/ intkal (deathcertificates), copy of a Will (if property is in-herited), where the property has been in-herited by way of a Will, and originalpurchase agreement/sale deed. For evenmore proof, providing electricity, water andtelephone bills will only enhance the NRIsclaim.After acquiring a property (by meansof purchase, gift, relinquishment, be-queathment etc.) an NRI must get all therevenue records and mutations registeredin their favor. If the property is inherited orhas come down by way of bequeathment(Will) and the title deed is not in the NRIscustody, either because it is untraceable orlost, it is advisable to immediately lodge aformal police complaint to the effect. Next,the NRI should insert a public notice in atleast two local newspapers about the own-ership rights over that particular propertyand obtain certified copies of all such doc-uments from the concerned registering au-thority or revenue offices. The NRI shouldmake sure to pay all outgoings and liabili-ties, like municipality and panchayath/prop-erty tax to the authorities. Anothersuggestion is to bein touch with the neigh-bors so that they may be able to notify theNRI in case they notice any suspicious or il-legal activity. This is very helpful especiallyif there is no particular person managingthe property on behalf of the owner. Also,NRIs should have relatives or friends visitthe estate in a noticeable manner at regu-lar intervals so that people know that theproperty is not a soft target. Since the in-

troduction of computerized and digitizedrecords, many of the encroachment prob-lems have declined.There is also a way to avoid the hasslesthat accompany a rental lease. The alter-native to such an agreement is known as aLeave and License Agreement. If a prop-erty is rented out by way of a license, it canbe terminated according to the terms of theagreement and offer a higher degree ofprotection for the landlord from the tenant incase of a dispute. This is due to the factthat Leave and License Agreements arenot applicable to rent control laws, butrather are governed by the Easements Act,making evictions easier. The terms of thelicense are clearly defined and there is aset time period in which the license expires.Simply put, when a license period has ex-pired, immediate eviction of a tenant maybe sought. Tenants occupying a propertyunder a Leave and License Agreement aresubject to eviction by the authorities whenthe license expires. In this manner, the In-dian court system is avoided altogether,saving the NRI time and money while gain-ing back immediate possession of theirrental property.In general, NRIs renting out their propertiesshould ensure the following:* They take the Leave and License route,staying away from rental agreements. Evic-tions, if it comes to that point, become eas-ier and faster* Do not use the word rent when draftinga Leave and License Agreement* Register the Leave and License Agree-ment. If it is not registered, the courts orauthorities can not offer any help* Know and verify potential tenants, throughreferences and cross-references. Do not lethigher rent/deposit cloud their judgment.NRIs should be very selective when choos-ing a tenant.* Recently changes in the law now requirelandlords to register with the local policestation, providing complete informationabout the tenant. NRIs must also informlocal police once they are leaving the coun-try so that the police are aware of an ab-sent landlord.If these suggestions are adhered to, and alldocumentation is up-to-date and verified bythe proper authorities, rental properties canbe not only a lucrative investment, but alsoa stress-free one for NRIs.

By Wajahat Bajwa

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Students help saveendangered species

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Agroup of students at Southern Okanagan Sec-ondary School is banding together to save en-dangered wildlife.The Environmental Studiesclass run by Dan Fuller has adopted five en-dangered species through the World WildlifeFund (WWF). These include the grey wolf, polarbear, bald eagle, grizzly bear and beaver.Paying $50 gets you a certificate and a stuffedanimal, which the students will leave behind asa legacy. I want to help endangered species ofCanada, said Grade 10 student Arshan Gill.He admitted that he didnt know how many en-dangered species there are in the world. Ac-cording to the International Union for theConservation of Nature, there are 22,413 en-dangered species. Gill said his favourite speciesis the bald eagle. I like eagles in general. Theyare an empowering figure.Gill said he has never seen a beaver, but saw agrizzly bear while driving through Manning Parkone time. The Environmental Studies class re-cently held a fundraising campaign in theschools atrium. Grade 10 studentSumeet-Sandhu said the class doesnt want to see morespecies become endangered.We want to showthat we actually do care about the world.For more information about the WWF, visitwww.wwf.ca

Students in Dan Fullers Environmental Studies class

are doing their part to save endangered species.Lyonel Doherty photo

630 7th Avenue, Keremeos, B.C.

Year round service. Not just at Tax Time!

250-499-5111Teresa deWit

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Todd StoneMinister of Transportation and

Infrastructure

Province ensures fair compensation for truckersThe Government of B.C. is making twochanges to the minimum rates in order tocreate a fair and equitable system that willprovide a living wage for container truckersserving Port Metro Vancouver. This will en-sure the continued operation of Canadaslargest port.In December, the Province introduced arate structure that included minimum hourlyand trip rates for licensed container trucksserving the port. Upon final review and withrecommendations from Unifor and theUnited Truckers Association, the Provincewill make two adjustments to the rate struc-ture.The Province will remove the $50 rate ini-

tially provided for moves within five kilome-tres a change truckers said was neededto maintain current remuneration levels.The Province will also remove the $40 triprate for employee drivers and the hourlyrate provisions for owner operators. Thesechanges will simplify driver pay structures,and ensure consistent and fair remunera-tion for sector participants.The Province has been working closelywith Transport Canada and Port Metro Van-couver to keep the port sustainable andeconomically viable while also developinga structure that provides fair wages fortruckers. The changes announced havebeen reviewed by Vince Ready and Corinn

Bell, and build on their earlier recommen-dations targeted toward stabilizing this sec-tor.These adjustments are in line with theProvinces goal of resolving issues of un-dercutting within the container trucking in-dustry. In early February, truckerremuneration will be overseen by a con-tainer trucking commissioner.Upon appointment, the commissioners firstpriority will be to review the concept of theRound Trip Rate, as requested by Unifor.This ensures the Province has fully met itscommitment to the 14 points in the March2014 Joint Action Plan.Port Metro Vancouver and those who sup-

port its operation are important to main-taining the vitality and growth of the provin-cial economy. The rates are an essentialpart of providing the conditions necessaryfor long-term stability in the container truck-ing sector serving the port which handlesover 135 million tonnes of cargo each year.The Province, working with our federalpartners and Port Metro Vancouver, isworking hard to develop a structure thatprovides fair wages for truckers as we en-sure this vital port continues to keep BritishColumbians working, our economy runningand goods moving across the country, saidMinister of Transportation and Infrastruc-ture Todd Stone.

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Indo-Okanagan Times February 7, 2015

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Aries (March 21-April 19):Chances of sudden monetary gains andgrowth with the grace of Mars being themaster of the house. But mental stressand domestic problems will also increasedue to the effect of Shani. Chances ofmeaningless running and more ex-penses. Anger and unknown anxiety willincrease.

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Taurus (April 20-May 20):You will get sources of income forlivelihood after a lot of difficulties be-cause of the presence of Mars andVenus in the tenth home. You will havedifferences with your brothers and sis-ters. But plans will develop regarding theexpansion of the business. Mentalstress and unknown anxiety will increasedue to the effect of Shani.

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Gemini (May 21-June 20):Chances of worries and disturbance infamily. Wastage of time in fruitless work.Dont hurry in financial matters. Sourcesof income will continue to increase. Moreexpenses and unnecessary anxiety. Youshould be cautious while driving.

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Cancer (June 21-July 22):Increase in respect, fame, devotion in re-ligious works due to the Jupiter in thehigh position. Sources of monetary gainsfor livelihood. Property-transport sourcestend to increase. Connections with highprofile people. The women of this signwill enjoy luck..

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Leo (July 23-August 22):Differences with brothers sisters, low in-come and more expenditure due to theeffect of Mars-Venus. Irritation in eyesand stomach disease may occur. Busi-ness obstacles and sudden expenditurewill increase. Mental stress and ups anddowns in family. Enemies will be active.

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Virgo (August 23-September 22):Raashi swami Mercury on fifth homealong with Sun. Sources of livelihood inbusiness will continue. Increase in familyproblems and stress due to the effect ofRaahu. Health related problems mayoccur. Avoid anger.

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Libra (September 23-October 22):Business problems will increase. Mentaltension, irritation and excessive runningbecause of Mars. Fame will increasewith good and religious works. But inter-nal problems will remain intact.

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Scorpio (October 23-November 21):Increase in hard work because of the ef-fect of Jupiter. Expense in family onsome good work. Increase in the sources

of income. Chancesof growth in the busi-ness with the help of

some particular person. Expenditure willincrease suddenly. More expenditure willbe on entertainment. Special care to begiven to health.

: ( BB- BA) z z

Sagittarius(November22-December 21):Time is good. Luck will have somechanges and fame will increase. Suffi-cient sources of income will be there de-spite impediments. There will be bitstress in family. Students need to workhard to get the desired success. Recita-tion of Gurbani will prove to be healthy.

: ( BB- AI) z

z

Capricorn (December 22-January 19):Spoilt works will be back on the rails dueto Saturn. You will get chances of mone-tary gains. But mind will be upset due tocomplications. Chances of health prob-lems. You should be cautious while driv-ing. Chances of meeting with somespecial friend. Something good will behappen at home.

: ( B@- AH)

Aquarius (January 20-February 18):There will be increase in hardwork andsource of income. Increase in dedicationin business. Support of parents willspecifically be healthy. You will be wishmore to do religious works. Donationsand pleasure from friends abroad. Youneed to be cautious from the hiddenfoes.

: ( AI- B@) z z

Pisces (February 19-March 20):Good time for business because of theeffect of Jupiter. Some changes in luckand increase in fame will happen. Suffi-cient sources of income despite impedi-ments. Some stress will occur indomestic life. Students need to workhard to get the desired success.

Pt. Devi Dyal February, 2015 HOROSCOPE/


405, 425 Rutland Rd & 240 Mugford Rd.

One of the core tasks for both new and expe-rienced investors is to determine the geo-graphic location(s) they want to invest in.Theres a host of elements that may make oneparticular location more suitable than another,but heres four attributes every investorshould consider.1.What is the economic state of the city? Isthe local market growing, stabilizing or de-clining? As we saw in 2008, no city is im-mune to a potential downturn. However,some cities may be able to withstand more fi-nancial pressure than others. Understandingwhat economic factors are propping up a par-ticular market is a valuable source of infor-mation to help predict future trends.Fact: CMHC 2014 report: Kelowna is the 2ndfastest growing city in Canada for # of house-holds.From the Central Okanagan Economic De-velopment Commission: Kelowna has 15,000Students, and the 3rd largest high tech indus-

try in Canada.2. Evaluate the ratio between owned versusrented property. A market that is, or will be,saturated with rental properties will likely ex-perience a fall in rental rates. The more op-tions tenants have to choose from, the lessthey will be willing to pay. Simply put, thelaw of supply and demand is always applica-ble. However, this is not to say an investorshould choose a market with very low rentalrates because this may signify a relative lackof potential tenants. Finding balance is im-portant.Fact: Dec 16, 2014 CMHC reported Kelownawith 1% rental vacancy. This is from their fallrental survey which is down from the Junesurvey with a rental vacancy rate at 1.8%3. Does the local market contain the type oftenant you want to attract? In most largecities, there will be a mixture of tenant typesand housing (i.e. students, families, luxuryproperty, vacation rentals, etc.). Obviously,knowing what type of tenant you want willalso help you choose the type of property.FACT: 15,000 students between the Univer-

sity of British Columbia, Okanagan College,and many other vocational and career train-ing schools. Popular vacation rental location 2nd fastest growing city for the number ofhouseholds in Canada (CMHC)4. Its all about mony! At the end of the day,were in this business to increase equity andcreate cash flow so we achieve our own per-sonal goals. Theres not enough space here todiscuss this critical element, but luckilytheres an abundance of information out thereon evaluating individual markets and prop-erty from a financial perspective. Read asmuch as you can and surround yourself withtrusted advisors. If you dont know what ROI,NOI and cap rate mean, youre not ready-yet.Jas Khunkhun is a skilled, knowledgeableREALTOR who is an Okanagan Expert. Ifyou are interested in learning more about theopportunities here in the Okanagan Jas hasspecialized in residential properties, com-mercial opportunities, vacation properties, in-vestment properties, native leased land,agricultural property and so much more.

7.67 acres with three homes inSE Kelowna, land was used forgarden market, portion of landis cleared suitable for vineyard,nursery, horse corall, raisingstock, greenhouses.Price 1,398,000.

7.72 acres with Executivehome with 6+ bdrm, 5 bath, & 2bdrm in law suite plus mobile,income producing orchard withall new plantings cherries, ap-ples, peaches.Price $ 1,490,000.

Two storey house on 588Klassen Rd, 5 bdrm, 3 bath,built 1998, 2 bdrm in law suite,private fenced back yard facingfarm, walking distance to allschools, totally renovated.Price $ 439,000.

Rancher with full basementon 417 Murray Cres, 5 bdrm,4 bath, very spacious, plus 1bdrm in law suite, low trafficstreet.Price $ 490,000.

Townhouse two storey withbasement on #5-750Houghton Rd, 4 bdrm, 2bath, walking distance to allamenities.Price $ 264,000.

Lot in Rutland Area with all serv-ices 0.25 acre, Build house or du-plex, no buildingrestrictions.Price $ 215,000.

Inverstors Alert, 0.70 acre multifamily site, three titles, threehomes generate monthly incomeof $7650/month, Good holdingproperty, Central location. Price $1,600,000.

Two storey house on 1091Schell Court, 4 bdrm plus den,4 bath, plus 1 bdrm in lawsuite, dbl garage.Price $ 485,000.

Flat 1.03 acre with house on threetitles, preliminary drawings for 14townhomes, Rutland North, Flatsite with all serives at lot line.Price $ 949,000.

Full duplex SXS nearby Hos-pital. Both sides listed. Price$390,000 per side. Each sidehas 5 bdrms, 3 baths, 2 lvrm, 2kitchens, dbl carport, walk tohospital, college, shops.

Sage Advice: Investment Properties:Tips for Evaluating the Okanagan Market

Central Okanagan Real Estate Stats (OMREB)UNIT SALES

Single Family 2502 2163 +15.67Apartment 1029 773 +33.12Townhouse 814 617 +31.93

Average Price

Single Family $498,563 $462,775 +7.73Apartment $243,443 $232,882 +4.53Townhouse $361,435 $352,626 +2.50

Inventory

Single Family 787 923 -14.73Apartment 397 565 -29.73Townhouse 287 381 -24.67

PROPERTY TYPE This YTD Last YTD INCR %

Current YTD Last YTD INCREASE %

CM This Year CM Last Year Increase %


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