Buyers of under- construction properties need some protection

India’s realty industry is in serious trouble and, with it, hundreds of thousands of investors who have booked brand new homes in the past couple of years. The demand for newly constructed property has dipped dramatically due to a combination of high construction costs, high interest rates and lower economic growth.

Leading...

Some important lessons on how not to do financial transactions

One reason why we help distressed consumers resolve their disputes is because it is frustrating to get past call-centre executives of finance and mobile phone companies. In some cases, disputes have dragged on for years and been resolved only after Reserve Bank of India’s intervention. In a majority of cases, the bank or finance...

Why are Indian investors being subjected to daunting systems and mindless rules?

I have often argued that India has rushed in to adopt several technology-intensive online systems that are shutting out large sections of the population who are not tech-savvy or do not have access to infrastructure available in urban centres. Even for those who can use online systems, the experience is often...