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Tips from a Real Estate Agents’ Conference

Boost to housing?

In an apparent bid to give a boost to housing, the government recently reduced GST on unfinished flats from 8% to 5% for all flats and to 1% for the affordable housing segment. This move was advertised by the government as the one shove that is going to spur demand in...
Shares – Risks Involved

Shares – Risks Involved

There are risks associated with all forms of investing. The trick is to understand the risks involved in depth. Let’s say, 1000 shares of Tata Power were bought – it is one’s first investment in the share market. It’s a good company with a long history of profits and...
Basics of buying a house

Basics of buying a house

I was talking to one of Navi Mumbai’s reputed builders and he was telling me about a time when he sold a flat in an under construction project. The deal was registered and the builder issued a ‘Mortgage NOC’ as the buyer wanted to take a loan. The Mortgage NOC is a...
Bankruptcy Act and Real Estate

Bankruptcy Act and Real Estate

Wish you a Happy Diwali and a Happy, Healthy and Prosperous New Year Just a short while ago, the government passed the Bankcruptcy Act. Now, the banks or the companies themselves can declare themselves bankrupt and seek the help of the courts to resolve the situation....
Real Estate Regulatory Act – RERA

Real Estate Regulatory Act – RERA

Now that RERA has kicked in and all ongoing projects are supposed to be fully RERA compliant, I wanted to point out a few points on the importance of the website to anyone who has invested or wants to invest in a flat. This is mainly for people who have booked...

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