Piyush

Piyush is an IIM graduate and founder of MoneyInvest.in. He writes simple, actionable guides to help people make smarter financial decisions.

How to Get a House for Cheap: Tips and Strategies

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Finding an affordable home in India’s surging real estate market may seem daunting, but smart buyers who understand market dynamics, leverage government schemes, and employ strategic tactics can still secure properties at attractive prices. With average home prices projected to rise 6.5% in 2025 and 7.5% in 2026, timing and strategy have never been more critical. Government Schemes: Your Gateway to Affordable Housing The Pradhan Mantri Awas Yojana (PMAY) 2.0, launched in 2024, represents India’s most ambitious affordable housing initiative. The …

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Is PMI (Private Mortgage Insurance) Applicable in India Home Loans?

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You may come across the term PMI – Private Mortgage Insurance. It is very common in the United States, but does it apply to home loans in India? Let’s break it down. What is PMI? PMI is insurance that protects the lender, not the borrower. It is usually required when a buyer makes a small down payment (less than 20% of the property value). Example: In the US, if you buy a ₹80 lakh home with only ₹8 lakh down (10%), you must …

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Why I’m Moving Away from Auto-Sweep Accounts: A Reality Check on Banking’s “Smart” Solution

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Stop auto sweep

When banks introduced auto-sweep facilities, they seemed like the perfect solution for managing idle cash. The concept appeared brilliant: automatically transfer surplus funds from your savings account to a fixed deposit when your balance exceeds a threshold, earning higher returns while maintaining liquidity. After using this facility extensively, I’ve discovered several critical flaws that make it less attractive than initially promised. The Auto-Sweep Promise vs. Reality Auto-sweep accounts were marketed as offering “the best of both worlds” – the liquidity …

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Is plotted land a good investment?

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Plotted Land

As India’s middle class expands and purchasing power grows, more people are drawn to the idea of owning land in plotted societies and gated communities, particularly on the outskirts of major cities like Bengaluru, Mumbai, and NCR. This shift represents a fundamental change in how Indians view property ownership, moving beyond cramped apartments to seek space, privacy, and customization options. But is this trend a wise investment strategy, or are there hidden pitfalls that investors should be aware of? The …

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I Asked ChatGPT to Predict the Future Economic State Due to AI — Here’s What It Answered

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As Artificial Intelligence continues to evolve at a breakneck pace, it’s natural to wonder:If AI takes away a large number of jobs, what will happen to the economy, and how will people survive?Curious — and honestly a bit concerned — I posed this question to ChatGPT.Here’s the eye-opening, thrilling, and slightly chilling future it predicted. First: Will the Economy Suffer If AI Destroys Jobs? ChatGPT was direct:Yes, absolutely.If AI wipes out millions of jobs — in tech, manufacturing, services, and …

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“Quick Commerce Wars: Can Amazon and Flipkart Deliver a Knockout to Swiggy, Zomato, and Zepto?

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Quick com wars

The quick commerce (q-commerce) landscape in India is undergoing a significant transformation as major e-commerce players like Amazon and Flipkart enter the market, challenging established platforms such as Swiggy, Zomato, Zepto, Blinkit, and BigBasket. This article examines the evolving dynamics of India’s q-commerce sector, the strategic moves of these industry giants, and the potential implications for existing players and consumers. The Rise of Quick Commerce in India Quick commerce, or q-commerce, refers to the rapid delivery of goods—typically within 10 …

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How Gen-AI is Killing Customer Satisfaction

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Have you ever experienced the frustration of receiving the wrong food delivery or a defective product ordered online? Naturally, your first instinct is to resolve the issue quickly. But instead of talking to a helpful customer service representative, you’re directed to a messaging interface — often a chatbot. What starts as hope for a quick fix spirals into an endless exchange of scripted messages. If you’re lucky, a human agent might eventually step in to provide a solution. In other …

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The Enshittification of Services in Indian Cities: A Worrying Trend

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Over the years, India’s urban centers—once celebrated for their growth and innovation—have been witnessing a steady decline in the quality of services across various sectors. From hailing cabs to dining at restaurants or purchasing essential goods, the urban experience is increasingly plagued by inefficiencies, poor customer service, and diminishing satisfaction. One of the key drivers behind this trend is the sheer scale of demand in metropolitan areas. High population density and growing consumer needs have stretched service providers thin. Whether …

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Complete Guide to Buying Property from NRIs/OCIs in India: Key Considerations for Buyers

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When property hunting in India’s major cities, buyers often encounter attractive deals involving Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) sellers. These transactions present lucrative opportunities but come with specific legal, tax, and procedural requirements that buyers must understand to avoid complications and penalties. Tax Deducted at Source (TDS): Your Primary Obligation The most significant difference when purchasing property from NRIs/OCIs versus resident Indians is the substantially higher TDS rate. Under Section 195 of the Income Tax Act, buyers …

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Navigating the Share Market: A Mix of Surprises and Decisions

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Investing in the share market can be a bit like a funny ride – you do all the thinking, but the market can still surprise you. Your neighbor, who might have bought shares based on astrology, might end up doing better than you. It shows that even with careful planning, the market can have its own ideas. Looking at the past, it seems like investing in shares should give good returns. But here’s the catch – there’s no guarantee that …

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