Recently, the Greater Noida Industrial Development Authority reached a settlement with farmers in Patwari village. The farmers will receive a higher compensation of Rs 550 per sq metre (over and above the Rs 850 per sq metre paid earlier) and 8% developed land, 2% more than what was promised to them earlier.
Two mulled over and announced decisions by the National Housing Board on Wednesday, 19th Oct, 2011, will bring cheer to the home loan borrowers this Diwali! The decisions are the following: NHB (National Housing Board) has barred the housing finance companies (HFCs) from charging prepayment penalty on floating rate home loans. In case of the… Read More »
Festival season discounts comes in two ways; one, the cash discount where the retailer cuts the price by a significant amount and sells cheaper; two, the retailer provides a loan to buy goods at an easy EMI.
In the thick of the festive season, many builders are providing discounts on homes. This is mostly for the benefit of the several fence-sitters who wish to wait and watch.
Are you a proud and careful parent? It’s a simple question to answer. The fact that you are reading this article is proof in itself. Not every parent is serious about the distant future of the child as planning is only visible in their intent and not action. The reason you cannot turn a blind… Read More »
Our society is changing. Nuclear families are the norm. Inflation is high and hence money needed to fund the retirement is increasing. Additionally due to longevity of life, the requirement for retirement fund will further increase. This is where the right retirement planning helps individuals spend their time in old age with dignity.
A home loan transfer (also known as refinancing or balance transfer) is an option that most individuals opt for to avail the benefit from lower interest rates prevalent in the market.
In a rising interest rate scenario, times can be tough for an existing borrower who is a couple of years into his tenure. Ofcourse his monthly budget may not be affected in the short term, as often banks increase the loan tenure in most instances. However, increase in tenure would mean more interest outgo and… Read More »
Since last 10 years, Gold has been hitting new levels. The pace accelerated after S&P downgraded US credit rating a few days ago. The credit rating of US has been downgraded from AAA to AA+. This is still good but then we are talking about United States and the almighty dollar. The consequences of this… Read More »
Signs of economic weakness, Standard & Poor’s downgrading of the U.S.’s credit rating and spreading debt crisis in Europe had heightened worries and all eyes were on Fed as it met yesterday. The global stock markets which had witnessed a meltdown over the last 2 days were hoping for some miracle.