PayUMoney – CashBack while Shopping Online


PayUMoney as the name suggests offers Cashback to customer when online payment is made through Payment gateway while shopping online. Maximum Cashback limit is upto 10%. In this case, it will be more appropriate to refer Cashback as indirect discount or reverse discount. In last 2 months, i have received cashback of more than 1000 Rs from PayUMoney as my most of the shopping is online only. The cashback transactions on PayUMoney are facilitated through e-wallet. e-wallet is used … [Read more...]

India Post – Poor Man’s Courier to Value for Money

india post

India Post is a perfect comeback story. During late 90's when private courier companies entered Indian Market, they broke the monopoly of India Post. The USP of Courier companies was Timely & Fast delivery and Better Service. The India post was written off as Poor Man's Courier during late 90's. The history repeats itself and India Post is back with a bang delivering value to customer. I did lot of study on this topic and off-record spoke to executives of private courier companies. The … [Read more...]

Possession Linked Payment Plan

Possession Linked Payment Plan

In my previous post i discussed Why Under Construction Projects get Delayed? In continuation of same, lets find out how Possession Linked Payment Plan help to reduce the risk of project delay. Currently the most popular payment plan for property purchase is Construction Linked Payment Plan in which certain % of payment is released as the project progress i.e. at every stage of construction. Construction Linked Payment Plan is mutually beneficial for both buyer and the builder. In my opinion, It … [Read more...]

Why Under Construction Projects get Delayed?

Under Construction

The biggest worry of any buyer in Under Construction Project is delay in Possession of flat. Lets take the case of one of my reader Mr. Rupesh Shah from Ahmedabad who sought my advice in this regard. He booked a flat in 2008 from very reputed builder in Ahmedabad. Builder promised possession of flat by 2010, when Mr. Shah was planning to get married with his childhood love. The couple wanted to start their new life in new house. In 2014, the couple is blessed with 2nd child but still they are … [Read more...]

How to file RTI Application to BESCOM

RTI Application

RTI is most potent tool in the hands of citizens to bring transparency in the system. Any Citizen of India can file RTI application and seek information from Public Authorities. Recently the Resident Welfare Association of my complex proposed the collection of huge amount for replacement of Transformer oil of Electricity transformers installed in the society. This proposal was put across in special GBM and was approved with majority vote except few residents who opposed it. Based on my … [Read more...]