Latest Small Savings/Post Office Interest Rates January – March 2022
The government has decided to keep the interest rates for small savings schemes unchanged for January 2022 to March 2022 quarter, the seventh in a row. The last revision in small savings rates was for April-June 2020. This was announced by the finance ministry via a circular dated 31, December 2021. Thus, the interest in…
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Gold Bond Series VIII opens from November 29 to December 03, 2021
RBI announces the issue of the eighth series of the Sovereign Gold Bonds (SGBs) scheme 2021-22 for the public from November 29, 2021, to December 03, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity…
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Which is better for your building? Self-redevelopment or though builder for single or multiple housing societies
In the previous post “Redevelopment of Housing Society’s building: How to get down into task”, we have discussed things to know before entering into a redevelopment agreement with the builders and important conditions to be incorporated in the agreement. Many of my readers have asked me about my opinion about which option is better for…
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Self-redevelopment of housing society’s building: Benefits, disadvantage, and process explained
There are several things to keep in mind while dealing with self redevelopment of a building, out of which conveyance of property in the name of the society is most important. If the conveyance is not executed in favour of the Society, the Society does not have legal rights or ownership of the land on…
Read article The subscription for Sovereign Gold Bonds opened today at an issue price of Rs.4711
The issue of the seventh series of the Sovereign Gold Bonds (SGBs) scheme 2021-22 was announced by the Reserve Bank of India. The subscription for gold bonds opens for the public from October 25, 2021, and will close on October 25, 2021. The nominal value of the bond based on the simple average closing price…
Redevelopment of Housing Society’s building: How to get down into task?
[This article elucidates on various types of problems to be encountered by the Society’s members in redevelopment of their building, procedures to be adapted for selecting a reliable builder/developer for the redevelopment project, and important conditions to be included while entering into a redevelopment agreement with the builder.] The redevelopment works best when a society…
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