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
Real Estate
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
Real Estate Regulation and Development Bill
. 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. TheRead More
Lessons to be learned from the Lavasa debacle !
.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 junkRead More
Buying a Second Home and Asset Allocation
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 moreRead More