Advice

Loan rates should mirror unfinished homes higher risk

Rajesh and Seema’s ordeal with a stalled housing project shows how India’s home loan system masks the biggest risk in real estate — that under-construction projects may never be completed. Banks and buyers treat them like ready homes, offering or taking loans at the same rates despite far higher uncertainty. With weak enforcement of RERA safeguards, homebuyers are left exposed. Differential interest rates — lower for completed homes, higher for under-construction ones — would make risks visible, protect buyers, and push the housing finance system toward fairness.

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Notify draft rules making dealer liable for sold vehicle

Have you ever sold a car and signed a blank transfer form — did you know it could stay in your name for months and even end up as a terror tool, just like in the Parliament attack of 2001?
RCs often remain in the seller’s name while vehicles pass through multiple hands. If that car is in an accident, you may still be liable. Worse, it can be misused in crime — even terrorism — while the records still show you as the owner.
Other countries have solved this problem with simple processes. India’s draft rules of 2022 offered a clear solution: dealer authorisation, digital delivery intimation, and deemed ownership during possession. Yet three years later, these reforms remain unnotified.

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Remove friction in fee payment for advice

Abhilash dislikes selling mutual fund units monthly to pay his RIA.
MFD commissions are deducted automatically, but RIA fees need direct payment.
He suggests letting funds sell units and pay RIAs directly.
This keeps costs transparent, taxable, and investor-controlled.
Removing such friction can make quality advice widely accessible.

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