Along with emotional benefit, affordability is another major reason why investing in India is lucrative for NRIs. India is one of the fastest growing economy in the south Asian region. With the development, the property rates are also catching up gradually. The price rise in India has always been higher than the matured markets of the west.
Less is more! Clichéd but classic example of living life happily. Living a minimalist life has different concepts to many people. Minimalist living begins in the mind; it is about owning manageable items aka less. However, it goes beyond than just “material items”. It goes beyond health, wealth and even relationships. We stuffed our lives with too much of everything. Clutter is something that can wear on us emotionally, thus have less and live life more.
Research on traveller behaviour shows that the era of networks and information is pushing smart mobility. The ministry of metro cities like Chennai are putting money; energy and technical talent into developing the best computer systems that will give transport an edge.
Women are increasingly looking to become homeowners and have started to build equity, regardless of relationship status. There are certain benefits that women get when it comes to buying a house. These aren’t always noticeable, but take a closer look and you will see that there are multiple advantages being offered to you as a woman home buyer.
In today’s competitive world, we all need money for everything from funding our own business to paying for the education of our children. One of the first thoughts to come to mind is, “where do we get this money from?” Nevertheless, there are many ways in which we can source money but from all of them, the easiest way is to opt for a loan.
In an effort to appeal to a wider range of potential home buyers, there is an increasing number of home loan products on the market. Not all products are ideal for all buyers, but through comparing the loan options and considering the current financial situation, individual home buyers can make a wise choice of a loan that is well-suited to their needs.
We’re both originally from the lovely city of Kolkata, and never in our wildest dreams had we imagined stumbling upon something like this quaint Pacifica property in Baroda, which we now call our ‘abode’. We shifted to Gujarat in 2006. Initially, we set up fort in a small rented apartment in Subhanpura. It was a nice place, but we could never really call it ‘our home’.
So, after a balanced evaluation, keeping all factors in mind, it is best in most cases to not prepay a home loan aggressively. It is poignant to invest smartly and find attractive investment opportunities either in debt or equity and earn a superior return compared to the tax adjusted interest rate paid on the home loan. Draining your entire savings account to prepay a home loan and left with no fund to be used in cases of emergency is something you would like to avoid.