Scams
Community and Banking – Combination for scams
Generally, we feel comfortable with people that we label as ‘my community’. That is why Konkanis will bank with Saraswat bank or NKGSB bank, Mangaloreans will bank with Bharat bank, Maharashtrians will bank with Mumbai cooperative Bank, people from Punjab will bank...
Dangerous Investment
What is a Dangerous Investment? In my opinion, a dangerous investment is one which you have not done the complete research and something totally unexpected happens. Sometimes even if you have done thorough research but it was beyond your imagination. First, a...
RERA effect – Pay the full amount in advance …………….
Most of my friends are getting letters from builders asking them to pay up the full amount. The logic being that if they pay up now, they have to pay service tax at 4.5% and VAT at 1% - a total of 5.5%. However, if they wait upto the 1st of July, then GST comes into...
RERA effect – Register your flat immediately or else…..
I am writing this because of a large number of calls that I am receiving on this topic. These answers are correct for the state of Maharashtra, but I am not sure about other states. People are getting letters from the builders saying “Register your flat immediately,...
