Many changes will be introduced in India from September 1, 2019 which will affect our regular life to a great extent. The important finance related changes to be made effective are as follows TDS applicable on immovable property When you buy a property, payments such as car parking fees, electricity fee, club membership fee, water […]
Financial News Updates
Union FM announces action plan for cheaper home, auto loans
In order to reinvigorate the economy of the country and shore up market sentiment, Finance Minister Nirmala Sitharaman has announced a new course of action which includes a cut in the lending rates for borrowers. She said that the repo rate is being cut down every quarter by the Reserve Bank of India but the […]
Home loans to get cheaper once again courtesy RBI’s repo rate cut
The Reserve Bank of India (RBI) was widely expected to announce a 4th consecutive cut in repo rates and the script has played out exactly as anticipated once the MPC (Monetary Policy Committee) released its decisions. All 6 members of the committee voted for the cut in repo rates which is the fourth such consecutive […]
How a repo rate reduction by RBI can help real estate sales
Of late, the Indian real estate market has been seeing favourable headwinds courtesy multiple factors including pro-active measures by the Government (think RERA, PMAY interest subsidies and lower GST rates) and stable or corrected property prices along with the emphasis on affordable housing. Another key factor has been the comparatively lower rates of interest on […]
Why more women are buying homes in India?
In a heartening trend, more women are now buying homes in India which is another proud instance of women breaking a glass ceiling (we wonder how many more ceilings are there to be broken!). Recent reports indicate that women are now becoming a major target audience for real estate developers, many of whom had not […]
