Chennai/Delhi: Madhusudan’s apartment in Velacherry, a southern suburb in Chennai was sold for Rs 88 lakh, when a similar sized one in another block inside the same complex was picked up for Rs 1.10 crore last November. Prices of resale properties across the country are down 10% to 25% as cash strapped owners, most of whom had picked up their second apartment as an investment, try and liquidate.
While a loan applicant can do very little on the income, job and employer fronts, he can certainly take some steps on the credit score and EMI affordability fronts to improve his loan eligibility.
What if you are able to ride through the economic recession without making a reduction in your family’s standards of living, your children’s higher education or your life goals? All of this is actually possible with the power of Passive Income.
The Supreme Court and consumer courts have repeatedly ruled that homebuyers cannot wait indefinitely, but it has not been clarified when compensation can be claimed in the event of a delay.
The RLLR regime has ensured that the benefits of rate cuts are compulsorily passed on to the borrowers.
Senior Citizens between 60 and 80 years of age and Very Senior Citizens above the age of 80 years enjoy additional tax benefits compared to those available to individuals below the age of 60 years.
The mistakes in using credit cards can be costly and can even end up making you fall in a debt trap.
The choice between gold loan and personal loan will primarily depend on the borrower’s needs and profile.
Data available with Ace equity showed LIC betted on at least 25 penny stocks.