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Prepare your finances before buying a house
Apr 29, 2014
MUMBAI: Moving out of a rented apartment to one's own house is a dream that cuts across income groups. Besides, easy home loan offerings from financiers, including banks, have caught the fancy of many in recent years. However, the huge debt burden has also spelt doom for a large section of aspiring homebuyers, especially those who did not assess their financial ability to service a loan over the long term before taking the plunge.
Housing society elections: Know your rights to challenge the position held by members
Feb 03, 2014
MUMBAI: Girish Shah has been the general secretary of a housing society in Mumbai's western suburbs for the past eight years. Though he has been managing the society's affairs, there is a simmering discontent among the residents against him. "He has not conducted fresh elections in all this time," says a resident. He adds that the entire managing committee has been appointed by Shah and they have been inventing fees and penalties that cannot be legally imposed. However, the housing society membe

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