The futility of real estate predictions

In opaque, complicated markets like real estate, its best to stay away from generalisations, says Manish Shah.Among the trickiest predictions to make is which way the property market will go.......

No more pre-payment charges on home loans

Providing relief to home loan borrowers, the Reserve Bank on Tuesday asked banks not to levy any penalty on pre-payment of loans taken on floating rate."Though many banks have, in the recent past,......

Prepayment penalty on home loans to be scrapped

Borrowers wanting to prepay home loans can look forward to some relief as RBI on Tuesday indicated that it would scrap prepayment penalties charged by banks. "It is proposed to implement the......

Government, board mull buyer for Maytas

Many companies have shown interest in a strategic buy of Maytas Properties, one of the three in the erstwhile, scam-hit, Satyam group. "We are talking to many people (for a strategic sale). Many......