The primary functions of a commercial bank are accepting Deposits and also lending funds. Deposits are savings, current, or time deposits. Banks take in funds, called Deposits, from those with money, pool them, and Lend them to those who need funds. Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money). The amount banks pay for deposits […]
Real Estate
6 Steps for Renting Commercial Property in India
Renting a residential property pales in comparison to leasing commercial properties. It involves larger spaces, higher rent, higher agent fees, and hence leading to higher overall investment. While residential agreements are made usually for 11 months, commercial agreements are B2B or B2C and are signed for much longer durations. There are too many complexities involved, […]
Embassy Office Parks REIT Public Issue – Should you Invest in India’s first REIT?
Real estate company Embassy Group is soon expected to launch India’s first real estate investment trust (REIT) in March 2019 to raise around Rs 4,750 crore. Embassy Office Parks is a joint venture between the Bengaluru-based property developer – Embassy and Newyork based private equity firm Blackstone. Securities and Exchange Board of India (SEBI) had […]
Revised GST Rates on Real Estate Properties | Latest GST Rates for Under-Construction Properties
The GST Council today (24-Feb-2019) has announced a rate cut in the goods and services tax (GST) charged on sales of residential properties under construction. As per the latest decision, the new GST rate applicable for all housing projects will be 5%, down from the current 12%. Whereas, the council also decided to lower the […]
List of all Popular Investment Options in India – Features & Snapshot
India has one of the highest ‘net savings rates’ in the world (the national saving rate is about 20 per cent of GDP). However, the net savings rate as a % of GDP has been steadily declining since 2011-12. The other day, I was going through the IRDA’s annual report and noticed that the Domestic saving declined […]
How to get Property Encumbrance Certificate online in Karnataka?
Buying a property (home/plot/land) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision. When buying a property, due diligence is essential and you have to verify a lot of property documents. One of the important documents that you need […]