SDB Club Benchmark Real Estate

The normal rule is that banks and housing finance companies easily provide NRI home loans up-to 85% of the cost of the residential property. However, the upper limit of the loan amount sanctioned and the down payment will depend on various factors and can also vary from lender to lender. For example if you take [...]

Blowing Bubbles I watched an interesting interview with Jim Chanos on the Chinese Property Bubble. Jim Chanos is an American hedge fund manager of Kynikos Associates, a New York investment company that is focussed on short-selling (profiting from the fall in the value of an asset). Mr Chanos rose to fame in 2000-01 when he [...]

Constant news that these accounts are used for illegal money dealings scares us away. Hollywood has done its fair share of publicity portraying offshore banking in a negative way. Actually offshore bank accounts are legal and more than half the world’s wealth is owned through them. However if an individual or a corporation uses this [...]

The US markets closed lower on Friday on getting disappointing jobs data, a closely watched monthly employment survey from the Labor Department confirmed the investors apprehension that the US economic recovery is weakening.Private job growth was just 71,000 in July, below what analysts had expected while the unemployment rate remained steady at 9.5 percent. The [...]

Are you going to take care about your retiring future? I am going to show you what you need – from way to take care about your future to things you should know by all means. In case you want to be in the mood and if you are going to deal with something for [...]

British economic growth eased during the three months through July and may “soften” further in the coming months as fiscal consolidation takes hold, a leading think tank said Friday. The U.K. economy expanded 0.9% during the May to July period, slower than the revised 1.1% growth for the quarter ending in June, the National Institute [...]

The ECB cut the cost of borrowing in the 15-nation eurozone by a record 0.75 percentage points. European central banks took unprecedented action Thursday to ward off a looming recession, slashing their benchmark lending rates to boost business investment and household spending. The ECB cut the cost of borrowing in the 15-nation eurozone by a [...]