“Do Deewaney Shahar Main, Raat Main Ya Dopahar Main… Aabodana Dhundhtey Hain, AASHIYANA Dhundhtey Hain”… This song played on many Chitrahaars & Rangolis and depicts the inner state of a Home Seeker- His Own Roof. People have lost a huge amount of money, time and dreams chasing their own home but finally a relief now.Read More
Real Estate
Real estate development approvals – are you aware ?
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 atRead More
Does buying and selling houses for profit make sense for ordinary investors ?
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 himRead More
Prepayment of Home Loan
Should you prepay your home loan if you have a surplus or should you avoid doing that and simply invest that money elsewhere for it to earn returns ? The decision can be taken emotionally with your heart or rationally with your head. Prepayment of home loan helps to reduce your burden. Less debt helpsRead More
Making real estate investment? Beware of 6 baits
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.” IRead More
Loan to Value (LTV Ratio)
If you are planning to buy a house in the short term, LTV Ratio or Loan to Value Ratio 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 guidelinesRead More