It is wiser to opt for a loan to meet large financial expenses, such as a wedding, home renovation or any emergency expense, rather than depleting your hard-earned savings. Applying for a loan from … READ FULL STORY
Property encroachment is a serious concern in India. Civic authorities across India are finding it difficult to curb this menace. It not only puts additional pressure on infrastructure but also increases the burden on … READ FULL STORY
Home buyers may often find real estate developers helping them with housing finance, through their tie-ups with financial institutions. However, when this home loan is being co-lent by a bank and a housing finance … READ FULL STORY
Prabhat Kumar bought an apartment in Greater Noida West through a trusted property agent. However, following the collapse of a building in Shahberi, which forced the authorities into action, Kumar’s project was found to … READ FULL STORY
India has emerged as one of the fastest-growing economies in recent times and is slated to bounce back strongly, once the COVID-19 pandemic dies down. The World Bank and the International Monetary Fund (IMF) … READ FULL STORY
Property owners in India have to pay direct taxes to local bodies on an annual or semi-annual basis. Most commonly known as property tax, this levy is also known as holding tax in some … READ FULL STORY
With billionaire couple Melinda Gates and Bill Gates announcing their decision to end their 27-year-old marriage, there is a lot of speculation on how the duo would divide their fortune. Their huge wealth, a … READ FULL STORY
To many, flats and apartments may not seem like the perfect choice, to call their own home. This lot would rather build their own homes, right from scratch, as per their own linking. This … READ FULL STORY
While it is convenient to assume that low interest rates on home loans will prompt the fence-sitting home buyers to make property purchases, the fact is that interest rates are only the third criterion … READ FULL STORY
A common concern of home buyers pertains to one-sided builder-buyer agreements that are drafted primarily to safeguard the interests of the developers. Using their dominant position in the transaction, developers often insert clauses in … READ FULL STORY
Companies preparing their financial statements have to provide details about their borrowing costs and must abide by the rules prescribed under the Indian accounting standard 23, better known with its short form, Ind As … READ FULL STORY
Homebuyers will have to necessarily demonstrate monetary prudence once the long cycle of equated monthly installment (EMI) payment starts. Since home loans are typically taken for a 20 or 30 years tenure, it would … READ FULL STORY
Amid a remarkable change in the way products and services are marketed, sold and delivered in an ecosystem that relies heavily on technology, India repealed its three-decade old consumer protection law to launch an … READ FULL STORY
