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State Bank of India has not observe any noticeable default on teaser rate loans (offered since 2009) despite the concern raised by the Reserve Bank of India and by its chairman Pratip Chaudhuri, even as a lot of such loans have matured and moved into regular loans. “A lot of these loans have matured and […]

Costlier loans have forced potential home buyers to postpone their purchase decisions and have, in turn, impacted the real estate market. Homes sales in Mumbai have dipped by over 40% in the last one year while other cities have seen a 20% drop. “If market rates come down, it normally takes us 2-3 months to […]

For example, if you book a property worth Rs 30 lac, you may find the price up to Rs 40-45 lac at the time of possession. Typically, the cost of construction is 15-20 % of the property price in bigger cities and up to 40 % in smaller ones. This can easily push your cost […]

As per the provisions of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, the charges of caste profiling are to be mandatorily probed within a period of 30 days. However, it took nearly four years for the city police to charge sheet Trivedi in connection with the complaint filed by a GLS Arts College […]

SIBM students create light source using PET bottle that works on solar energy and can be used even at night   Using a PET bottle, a solar panel and a switch, students of the Social Entrepreneurship and Consulting Cell (SECC) from Symbiosis Institute of Business Management (SIBM) have innovatively lit up homes of almost 75 […]