Buying a property? Then start with a legal opinion!

Buying a property? Then start with a legal opinion!

When we buy jewelry, clothing or anything we research a lot about it with reviews and feedback from friends and family and then finally we choose from a vast range of products and designs. So isn’t it important to take a legal advice/opinion when we are to make a huge investment and enter into a commitment of paying EMIs over the next 10 years? It is very important and in fact a prerogative to take a legal opinion to ensure that what we purchase is in due diligence with the…

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NRI Real Estate Investment in India- Beneficial or Not?

NRI Real Estate Investment in India- Beneficial or Not?

We all are aware of the Narendra Modi’s freakish cash clampdown, which is a great revolution in India. Nowadays real estate prices across the world are sinking but on the other hand, real estate property investment in India is ringing. This is a right time for NRI Real Estate Investment growing because no doubt it will bring higher appreciation in the years to come and the investment made today will never disappoint you in future. Before proceeding into NRI Property Investment in India, you should first complete your homework about…

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Net Returns is all that matters – Asset Classes and Tax Implications.

Net Returns is all that matters – Asset Classes and Tax Implications.

As an investor it is imperative that you understand the different asset classes and its varied tax implications. It is true that every financial advisor you approach would talk about diversifying your investment portfolio and allocating your assets to a variety of asset classes depending on your risk profile and your short and long term financial goals. That’s enough of jargon talk. We’ll cut the finance babble and get to the point. First things first. Do you know how much you are taxed on your investments? Taxes make a big…

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RBI has delivered on rate cut: How you can make money in stocks now

RBI has delivered on rate cut: How you can make money in stocks now

Earning in stocks of certain sectors is set to increase with the new RBI rate cut. The domestic stock market might like the new avatar of Urjit Patel as dovish RBI Governor. The jittery market and stocks breathed a sigh of relief after the Reserve Bank of India (RBI) slashed policy rates by 25 bps to 6.25 per cent and indicated that inflation will cool off in the subsequent quarters. Further cooling off in inflation will provide room to the central bank to cut rates further, which would be important…

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Investing in real estate? Points you should to know

Investing in real estate? Points you should to know

Real Estate can be divided into a few categories, such as residential or commercial properties, agricultural or industrial land; still we tend to equate it with residential property alone. Indians, conventionally, think that real estate and residential properties are synonyms. Not much thought is given to any other real estate such as commercial properties, agricultural land, and industrial land. Buying a property or multiple properties is one of the usual real estate investments which every Indian makes. Owning a home is considered more as a matter of honor than as an…

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Financial rule of thumb – The right time to break it

Financial rule of thumb – The right time to break it

BEND THEM SOMETIMES – BREAKING SOME MONEY RULES CAN BE GAINFUL. FIND OUT WHEN..   A rule book guides the inexperienced to make rational decisions. This is true for money management too. Money rules help you keep your finances on track. But rule of thumb that do not fit your situation can be a waste of time, or worse, actually worsen your finances. They may be oversimplifying a complex issue which can harm long-term prospects and be a poor substitute for analysis. Here are five personal financial rules that based…

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Why this loan is better than personal loans?

Why this loan is better than personal loans?

Many house owners are not aware of this option and hence end up taking personal loans to renovate their homes Home improvement loans are given by all leading banks for any house owner seeking to expand, renovate, or rebuild their house, regardless of whether it is old or new. Many house owners are not aware of this option and hence end up taking personal loans to renovate their homes. It is good to know what all home improvement loans cover and use them smartly.   Home improvement loans can be…

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Real estate investment yields high returns and comes with tax benefits..

Real estate investment yields high returns and comes with tax benefits..

Property has always been an investment option that beats the inflation effect. It has yielded lucrative returns and continues to do so. Increasingly real estate is becoming a part of an investment portfolio. Anil Rego, an investment consultant, has some advice for those planning to invest in property   What are the basics you need to factor in while making a financial plan to invest in property?A financial plan is a structured process of understanding your financial goals, and evaluating your risk profile, current assets and liabilities in detail. It provides a…

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How this 7-point checklist makes your home buying easy

How this 7-point checklist makes your home buying easy

Adopting a checklist approach can help you avoid errors and save time and money while buying your dream home When two colleagues at a software company, Mayank Patil and Sundar Iyer, decided to purchase a home in the suburbs of Mumbai, they had a different set of experiences altogether. Over the next eight months Mayank got into a number of challenges like lack of clarity on title of property, bank refusal to fund the project, delays by the builder in getting basic amenities. On the other hand Sundar started his…

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