REAL ESTATE REGULATIONS & DEVELOPMENT ACT | RERA KEY POINTS
The introduction and enactment of Real Estate Regulation and Development Act (RERA) was made on May 1st 2016. The same has been made applicable on May 1st 2017. This article will tell you all you need to know about RERA. Readers/Investors can decide whether RERA works for them or against them. We are all mindful of...
How to correct errors in the CIBIL Report?
Errors sometimes are inevitable. How much ever careful one is, errors do creep in somehow. Seeing an error in the CIBIL report is a very disheartening situation. It feels bad to see your name in the defaulters list, and the feeling is even worse if you do not know how to correct this mistakes. This...
Additional Income tax benefit on Home Loan in Budget 2013
This budget, there is a good news for people who are planning to buy their first home this year. You can avail an additional Income tax benefit on home loan interest payments, stated as follows 1. New loans up to Rs 25 lakh for the people buying their first homes will be eligible for tax deduction...
How does Hindu succession law apply if a written will is missing?
Money is one thing in this world which has immense power, sufficiently enough to break relations too. A missing written will can create one such situation too. There is usually no problem when a person makes a will in written and assigns the persons who get the shares in the property. But many times, people...
Raising Money with Loan against Share and Mutual Funds
If you are looking to raise capital on a short notice and without much hassle, securing a loan against securities is a reliable option. Banks provide loans against a variety of securities like equity shares, mutual funds, RBI bonds and even life insurance policies. It is a good idea to understand the working of such...
Ascertaining home loan amount…how far to stretch yourself
Deepak was working in a software firm where he find his job to be satisfying and secure at least in a visible future. As soon as he reaches a saving amount of Rs. 10 lacs, he thought of buying a flat. He knew that he will not get the property of his choice in this budget...
How to Make an Estimate for insurance Requirement
In India, people understand the need and importance of getting themselves insured. But how many people actively get themselves insured and their family members? The answer is not much. Even if we realize how important it is to get an insurance policy done and save our families from any sort of financial crisis after we...
Different types of Charges and Penalties on Loans
When we take loan, it is understood that we need to pay interest. This interest is the cost of money borrowed which we account for as an expense and most important we are prepared for incurring these charges. However, we also find few other charges, when we talk to our Relationship Manager and find few...
Important Things to Know For NRIs Investing in Real Estate
NRIs have been opportunistic in stipulations of returns and investment avenues. The government frequently comes up with fresh schemes to magnetize more and more money through investments from abroad. The real estate is such a sector which always attract the attention of NRI’s. The RBI has also permitted all the non-residents who own Indian passports...
Raise Capital For Your Idea By Taking Loans From Venture Capitalists
You have the next big idea in your field of interest and are ready to put things into action, but you need capital to get the wheels rolling. If you have a feasible idea and a good plan to go with it, there are plenty of ways through which you can raise the funds you...
