Govt should take steps to monetise real estate investment schemes.

Act on your good intentions now. You have nothing to lose and everything to gain.

The idea was that despite some defaults the high rates would assure good profits.

Despite intermittent attempts by lenders to come out with fixed rate home loan products, the high interest rates (as compared to floating rate home loans) ensured that they were not considered as a real option by consumers.

At that time, nobody would have thought a construction period of three to four years would be grossly inadequate

The withdrawal right is hemmed by many conditions.

In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.

Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.