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Market analyst Gul Teckchandani answers problems of MiD DAY readers on the current financial crisis.
Wednesday, December 03, 2008 www.mid-day.com
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Business
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Mumbai: I have to pay EMI for a house in Nashik, which I purchased six months ago. Should I repay the home loan of Rs 37 lakh and reduce it to Rs 20 lakh and then give the house on rent, which will fetch me Rs 20,000 per month? Or should I utilise the Rs 17 lakh which I would have used for of the loan for investments elsewhere?
Swati Mudliar, Pune
Interest rates are expected to move south and t
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Gul-Teckchandani
EMI
Nashik
lakh
Swati-Mudliar
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