Category: Finance

Finance, Loans

Mclr – A Primary Factor In Determining The Interest Rate Of Your Home Loan

An MCLR is a prime factor that affects your home loan interest rates. Given below is a brief outline of MCLR and how it impacts the home loan interest rate. What is MCLR? Marginal Cost of fund based Lending Rate (MCLR) is the benchmark rate which is the lowest percentage a lender is allowed to charge while sanctioning advances. An MCLR is dependant on the … Continue reading Mclr – A Primary Factor In Determining The Interest Rate Of Your Home Loan

Naina KapoorLeave a comment
Finance

How Can Property Buyers Benefit From The RERA Act?

As of August 2019, 43,000+ housing projects have been registered with the RERA Act across India. This Act is in accordance with the real estate reforms to lend in transparency in this sector. RERA body was launched with an aim that it would assist the implementation of rules and regulations in the real estate market.  Such initiatives on behalf of the Central Government and its … Continue reading How Can Property Buyers Benefit From The RERA Act?

Naina KapoorLeave a comment
Wedding Planner
Finance

Why You Should Hire A Wedding Planner To Organise Your Dream Wedding?

Organising an Indian wedding involves arranging for a myriad of options – right from booking venue to hiring caterers and many more. Such extensive planning often requires a helping hand to oversee all the operations and ensure everything is working smoothly. Thus, you can hire a wedding planner to do this hectic task while you concentrate on more pressing matters. Why should you hire professional … Continue reading Why You Should Hire A Wedding Planner To Organise Your Dream Wedding?

Naina KapoorLeave a comment
Finance, Loans

Top Bridal Makeup Packages to Look Out for this Wedding Season

Indian weddings are an extravagant affair. Apart from arranging a range of services like top 7 bridal makeup packages in India or hiring a make-up artist for the bride comes as paramount importance.

So, here are the some top bridal makeup packages in India that you can consider-

  • HD Makeup

This involves high-definition finish leaving the bride’s skin flawless and stunning. However, this makeup package is quite expensive. So, you can fund this by availing a marriage loan against property and get the stunning camera-ideal look you always wanted.

Continue reading “Top Bridal Makeup Packages to Look Out for this Wedding Season”

Naina KapoorLeave a comment
Finance

How Can You Apply For Maharashtra Lottery Housing Scheme & Check Its Results?

The Maharashtra lottery Housing scheme of 2019 is a popular, affordable housing scheme that aims at offering low-priced housing facility to specific groups of people in Maharashtra. The said scheme has promised to construct over 1300; low-cost houses built as per RERA Maharashtra guidelines to the people of the state via a lottery system.

Here’s how you can apply for the lottery housing scheme –

MHADA lottery housing scheme

Continue reading “How Can You Apply For Maharashtra Lottery Housing Scheme & Check Its Results?”

Naina KapoorLeave a comment
RERA Act
Finance

What is the Function of RERA Act in Maharashtra?

The RERA (Real Estate Regulatory Authority) was passed by the Parliament of India in May 2016, to facilitate transparency in the real estate sector of the country. The act aims to benefit home buyers, builders, developers, brokers, and stakeholders.

RERA Act functions in every state of India, each having its separate regulatory body, such as RERA Delhi, RERA Punjab, RERA Karnataka, and so on. The equivalent existing in Maharashtra is MahaRERA Act.

RERA Act Motives

Continue reading “What is the Function of RERA Act in Maharashtra?”

Naina KapoorLeave a comment
Finance

Net Working Capital: Here’s Anything and Everything About It

Working capital (WC) is the total amount invested in a business to meet its daily operational requirements. It comprises a company’s current assets and liabilities and stands as an accurate measure of its liquidity. The optimum utilisation of WC or net working capital strengthens a business’s financial position and can be measured through the working capital ratio. It is the ratio of current assets to … Continue reading Net Working Capital: Here’s Anything and Everything About It

Naina KapoorLeave a comment
Finance, home, Loans

What does Pradhan Mantri Awas Yojana have to offer?

In a bid to make housing affordable for all economic strata of the society, the Government of India launched the flagship program Pradhan Mantri Awas Yojana (PMAY) as ‘housing for all’ scheme. This flagship housing scheme offers – (A) Interest subsidies One of the significant benefits of PMAY is its subsidies on home loan interest rate. EWS and LIG families can receive subsidies up to … Continue reading What does Pradhan Mantri Awas Yojana have to offer?

Naina KapoorLeave a comment
Finance

How Does MCLR Affect Home Loans?

Marginal Cost of Funds based Lending Rate or MCLR came to effect from 1st April 2016. It is based on the repo rate, determined by the RBI. Marginal Cost of Funds based Lending Rate was preceded by the base rate. The base rate lacked transparency and borrowers were almost never benefited from it. Hence, to provide transparency in availing credits, MCLR was introduced. It is … Continue reading How Does MCLR Affect Home Loans?

Naina KapoorLeave a comment
Finance

Top 5 Bridal Makeup Packages To Look Out For This Wedding Season

Indian weddings are an extravagant affair. Apart from arranging a range of services, hiring a make-up artist for the bride comes as paramount importance. So, here are the top bridal makeup packages in India that you can consider – HD Makeup: This involves high-definition finish leaving the bride’s skin flawless and stunning. However, this makeup package is quite expensive. So, you can fund this by … Continue reading Top 5 Bridal Makeup Packages To Look Out For This Wedding Season

Naina KapoorLeave a comment