The delay in clearing unsold inventory on the other hand resulted into liquidity crisis for developers that also trapped the NBFCs and HFCs with rising level of NPAs, triggering insolvency and further crisis.
While your home loan EMI is running, you may also face dilemma on whether to use excess money, that becomes available on account of salary hikes, in repaying home loan in advance or invest it in equity MF.
There are media reports that the tax structure on equity is under review and to simplify the regime and make investments in Indian markets more attractive, the government may do away with multiple taxes.
Within first six months of its listing, India's first REIT – Embassy Office Parks REIT – has generated an absolute return of around 33 per cent and also declared a quarterly dividend of Rs 5.4 per unit in August 2019.
While the existing highest interest rate of 9.25 per cent is offered on 5-year FDs, additional 0.25 per cent is offered to senior citizens as well as additional 0.25 per cent on renewal of existing FDs.
Each depositor in a bank is insured up to a maximum of Rs 1,00,000 (Rupees One Lakh) for both principal and interest amount held by him/her in case of liquidation or merger or cancellation of bank's licence.