London’s Hot Indian Restaurant Serves Up Cool Cocktails
The average value of a house or apartment in the citys most expensive neighborhoods climbed 0.7 percent from August, an index compiled by the broker showed. That brought the gain for the past 12 months to 7 percent. Homes selling for less than 2 million pounds in districts such as Chelsea and Knightsbridge have climbed 16 percent since the government in March 2012 raised a transaction tax known as stamp duty to 7 percent from 5 percent for properties priced above that level. By contrast, values for properties subject to the tax gained 8.7 percent, the broker said. The stamp duty issue is definitely in effect, Liam Bailey , global head of residential research at London-based Knight Frank, said by phone. Theres no doubt that investors have been concentrating their firepower in the 1 million-pound to 1.8 million-pound bracket. Thats been pushing that market. Prices in central London have climbed for 35 straight months. Although the rate has slowed, the markets strength this year has exceeded most brokers expectations. Knight Frank as recently as June said there wouldnt be a significant price increase this year. A month later, the firm forecast a 6 percent gain. Discretionary Market Theres a push-back from buyers, Bailey said. Its a discretionary market and people are looking for value. They arent desperate to buy anything at any price. Notting Hill and the City of London financial district led the increases with gains of 1.5 percent and 1.4 percent, respectively, in September.
Normally, if the music from a house party is too loud, a neighbour will call and request police intervention. During Project LEARN, police patrol student residential areas sniffing out noisy parties that nobody complains about. Westerns University Students Council is looking for alternative. Project LEARN assumes that all students lose control, causing harm to ourselves and others. But contrary to popular opinion, young people have a great capacity to act responsibly. We take care of friends who may have had too much to drink. Most respect our neighbours. If theres a problem, we should be able to ask for the polices help, not their tickets. Its the exceptional incidentslike last years riot near Fanshawe College, that popularize the image of the crazy Western students but that riot had little to do with us. We mostly dont fit the stereotype. And, contrary to the name, few students actually learn anything from Project LEARN.
Will I be back? Yes. Date place? Yes. Rating? ****. Gymkhana, 42 Albemarle Street, Mayfair, London, W1S 4JH. Information: http://www.gymkhanalondon.com/ or 44-20-3011-5900. What the Stars Mean: **** Incomparable food, service, ambience *** First-class of its kind. ** Good, reliable. * Fair. (No stars) Poor. Sound-Level Chart (in decibels): 65-70: Office noise.