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HDFC has slashed home loan rate to 10.15% for new borrowers from Aug 1

HDFC has slashed home loan rate to 10.15% for new borrowers from Aug 1
Home loan rates have been cut by HDFC to 10.15 percent for new borrowers with effect from August 1, 2014. The new rates will be applicable for the loans of all new borrowers regardless of the loan amount. Going by the information obtained by Financial Chronicle, the scheme under which HDFC has slashed home loan [...] Continue Reading »

Indian youth moving towards the abyss of debt via consumer loans

Indian youth moving towards the abyss of debt via consumer loans
The trend of the US had entered the Indian economy almost 2 decades back when the MNCs had set shops in our country and the earnings had gone up manifolds for the youth of the nation. Plastic money, various EMI options, personal loans etc. had given buoyancy to the spending habits of the Indian youth. [...] Continue Reading »

Nothing is for Free; Think Twice Before You Accept Rent on Home Buy

Nothing is for Free; Think Twice Before You Accept Rent on Home Buy
With the promise of paying rent, two Mumbai-based builders are promoting some of their under-construction residential properties named as Nirmal Lifestyle and Rustomjee.If the construction of its project is delayed beyond December 2017, Nirmal Lifestyle promises to pay the rent while Rustomjee will pay the rent during the construction period. Such promises were so far [...] Continue Reading »



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