Buying a home is every common man’s dream but to convert that dream into reality, you either need to have a very fat salary or you need to rob a bank given the spiraling property prices in this country ! While that is something investors can tackle at their end, they often find themselves at [...]
A dear friend of mine was of recent telling me about how he is into buying and selling houses for profit. He reasoned that since 2008, the equity market has not returned any decent sum of money for him and so he was better off parking the money in a place which could earn him [...]
My housing society has gone to the dogs. Yesterday, they sent across a notice which read on the lines of “There is severe water shortage in Baner, Pune and only 20 mins of corporation water will be supplied. Water tankers come every alternate day so citizens are requested to make their own water arrangements.” I [...]
If you are planning to buy a house in the short term, this is something that is going to add to your misery. RBI (Reserve Bank of India) has come up with a new rule that might derail your short term plans of owning a dream home. The guidelines issued by RBI simply states that [...]
The new draft of the Real Estate Regulation and Development Bill, released by the ministry of housing and urban poverty alleviation, is finally out. The bill brings with it harsh punishments for builders who take investors for a ride – this has already resulted in the builder community crying foul at the move. The bill [...]
The Lavasa news that the Maharashtra government is going to take legal action against the one of it’s kind hill station on the outskirts of Pune has few of my friends having sleepless nights. Their financial planning has gone awry big time and their investment in real estate now stands as good as the junk [...]
A home is the first investment one should make. Those are not my words but Peter Lynch’s. So to honor the veteran you did what he preached but then the itch of buying a second home got to you. What do you do? Most of the investors tend to get inclined towards real estate more [...]
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