September 2021


Loan against property vs Home Loans

Both the loan against property and home loans are the kinds of borrowings. However, there is a minor difference in both types of lending. In the case of a loan against property, the mortgage of property documents is required, while no mortgage is required in the case of regular home loans. The loan’s tenure also differs according to the type of loan. The loans can be availed from any of the lenders according to the choice of the lender. Different lenders charge different interest rates to the borrowers, and thus the ones who charge the lowest interest rates should be chosen. Banks also charge processing fees ranging from 0.25%-1% of the loan amount or Rs.10,000, whichever is lower. Thus the home loan applicant should be aware of the charges being applicable while availing loans. The bank charges processing fees as it incurs a cost for the third-party verification of documents, physical verification of the property, and checking with the land records from the municipal authorities for the verification. In the case of the pre-approved project, the legal formalities of the documents are already verified by the lender for authentication. The pre-approved project loans help in the faster processing of loans to the housing projects where the buyer purchases the flats.

The approval of loans is a simple process. The borrower has to submit the government identity proofs, employment proof, passport size photographs, and income proof. Etc to get the loans approved. The housing loans, either by a mortgage or based on salary, can help the borrower by the homes at an early stage with lower down-payments. The banks are keen to provide loans to the borrowers who are amongst the honest borrowers who repay the installments on time. For that purpose, the bank checks the CIBIL records of the borrowers, which prove whether the borrower is the honest payer of credits or not. The bank expects a minimum CIBIL score of 700 points for the approval of loans. If the credit score is lower than that, then, in that case, the bank charges higher interest rates to the borrowers even if it approves the loans. In case of a loan against a property, the bank majorly verifies the property documents on the property for which loans are to be sanctioned. The other thing about the financial background of an individual is given lesser importance.

Difference between the home loans & loans against property

Description of home loans

  • The home loans are charged interest rates of 6.50%-9% per annum. The interest rates charged for home loans are the lowest in the case of home loans.
  • The tenure of the loans can be maximum of 30 years. However, the actual tenure can be approved upon the age of the borrower.
  • In the case of home loans, no mortgage is required for the approval of loans.
  • Home loans are approved based on the income of an individual.
  • In case of the loans turning into bad debt, the bank has the authority to seal the home loan applicant’s newly purchased property. There is no security deposit being kept with the bank.
  • The CIBIL score is given more weightage during the approval of home loans as the banks are very cautious that the loans should not turn into bad debt.
  • The loan to value ratio is generally 80-90%.

Description of loan against property:

  • The interest rates charged are in the range of 9-15% per annum. The interest rates charged are higher than home loans but lower than personal loans.
  • The funds raised in case of home loans can be utilized for any purpose. While as in the case of home loans obtained, the loans can be utilized only for the purchase of homes.
  • The maximum tenure for a loan against property is 15-20 years. The tenure depends upon the lender to lender.
  • In loan case of loan against property mortgage of the property documents with the bank is necessary for the approval of loans.
  • An individual’s income is given lower importance as there is surety with the lender regarding recovery as the mortgage is kept with the lender.
  • If the loans turn into bad debt, the mortgaged property can be sealed by the bank to recover the pending amount.
  • The CIBIL score is also given lower weightage in case of a loan against property. If the score is exceptionally poor or the applicant is found to be a willful defaulter only, the loans may be rejected in case of a loan against property.
  • The loan to value ratio is usually 75% in the case of a loan against property.

Thus there is a major difference between home loans and loans against property. In the case of the borrower having extra property, only, in that case, the loan against the property can be availed. At the same time, home loans can be taken based on the salary of an individual only.

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Howcan data analysis help your business?

You must have seen people gloomily walking towards the office building they dread the most. The early morning routine may seem more boring and tiring than ever, which is a good reason to start your own business. The changed days at your own office will motivate you to expand your business. Additionally, you are your boss, so you have the financial stability and freedom to invest and keep track. With that, you schedule your meetings, and for that, you should choose experts in data analysis, a company such as The Oakland Group. You probably will cease to exist on the market without data analysis, so analyzing the feedback is essential.

What is data analysis?

Data analysis means transforming all previous data into graphs and charts. It usually results in getting useful information. Different processes do this process to understand the feedback and entail what to do next easily. Different businesses have various structures, so it is essential to analyze data to keep a vital place in the market and succeed.

What is the purpose of data analysis?

The main purpose of data analysis is to make timely decisions. Other than that, data analysis helps you to find the relevant information related to your business. It also serves as a visual map about business is going and if it’s on the right path. With that, you can specify the details and phases of your work is going on.

Steps of data analysis:

Many people undervalue the purpose of data analysis, but a recent survey states that no company can run without data analysis. Since your previous record is processed to get an eye on the future, leaving this step means turning your business into a stone soon. So to make the process easier and faster, we have sub-structured the steps of data analysis.

  1. Before the process, ask the right questions. It will help you to get the right records and surveys. It is the best time to ask relevant questions such as turnover of the profit, or using the right strategies for more sales is essential or not.
  2. Next, collect data by questionnaires, surveys, and polls; this approach is readily available and is the easiest way for data collection. You can keep the data bi-annual or annual analysis.
  3. After collecting the raw data, dive into what you see. You can find evidence that may have seemed minor in the past but is of great value today.
  4. Then sort it out into bits and pieces according to the importance and usage. You can concentrate on other measures for better business.
  5. Last, visualize the results. It will satisfy stakeholders of your company along with the employees.

Contribution of data analysis to grow your business:

Data analysis is a whole new game and serves as a backbone for a business. Without it, you can not take no big decisions. The rest of the benefits are listed below for your convenience.

  1. It will find better products and services for your company.
  2. You can change the direction of the business, keeping in mind the demand in the market.
  3. Additionally, social media platforms such as Twitter and Facebook are used for business opportunities, so why can’t you? The data analysis will exactly entail what channels to approach.
  4. Data analysis helps you to determine the target age for your services. Once compiled, the raw data will help you make targeted decisions and keep the focus on that.
  5. You can also determine the way customers prefer to buy your products. It may be online or in person.
  6. Data analysis will generally shaft the strategies to something different. The old methods may need improvement, so the analysis result will tell you what to do.
  7. Data analysis will save you money. Just hire specialists for customer engagements and satisfaction.
  8. Furthermore, the cut down of employees and other softwares which are outdated will save a lot of time. All businesses need to run fast because the world is global. Hence, data analysis will exactly tell how to take your business forward.
  9. Since data analysis will tell you what to do, you can check for maximum efficiency.
  10. The financial results matter a lot. Here you will be able to monitor the transaction process.
  11. The company’s future is in the hands of records, and to forecast the future, you need to analyze the data.
  12. By data analysis, you can automate the process of supply and demand, sales, and marketing. You can capture a whole new market.
  13. It will help you to know about organic traffic. If you work online, then analyze data to see the traffic on your website.

Which companies can benefit from data analysis?

Usually, all industries should go through data analysis. Some companies entirely cannot run without data compiling. They are:

  • Real estate
  • Agriculture
  • Banking
  • Customs
  • Sales
  • Healthcare
  • Food items
  • Iron and steel industry
  • Auto industry
  • Engineering
  • Insurance


The merits of data analysis surely surpass the demerits. The business can compete, and the stability in results will only grow your business. It is highly recommended to contact professionals for this process, and they will not disappoint you.

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Factors to Consider When Choosing General Commercial Contractor

Keeping your commercial property in top shape isn’t always straightforward. You don’t want to hat your operations, yet some work needs to be done.  Repairs and maintenance and some remodel, and renovation projects are important along the way. The general commercial contractor you enlist for your projects is a significant consideration that can make or break your efforts to keep the property in top shape. Finding the best service in the competitive market can be challenging. Among the factors that can help you pick an ideal contractor includes;

License and insurance

Is the contractor licensed and bonded? That’s among the questions that should be on top of your checklist. With a licensed contractor, you can legally protect your rights should they breach the agreement. They won’t disappear into thin air, as their operations are within the law and can be traced. Insurance gives you peace of mind. If their work leads to losses, including injuries, you’ll be compensated, eliminating the financial burden that can affect your commercial undertakings.


It is easy to assume that every general contractor can match your needs. That’s among the pitfalls you should avoid. Check their portfolio and establish if they specialize in a certain area. For instance, while you might be looking for roofing experts, you might find that service only focuses on interior remodels. A general commercial contractor with a proven record on your line of needs is the best choice. Browse through their previous projects, ensuring that they can handle the size and demands your property requires.

The cost

Free estimates are a gem; they give you an idea about how much your project will cost. This helps you to prepare the finances to facilitate smooth flow. However, don’t settle for the first estimate; shop around, compare quotes and pick one that delivers the best value. As you consider the cost, among the consideration that can help you pick the best service is the payment schedule. Avoid services demanding considerable upfront payment. At most, one-third of the total cost should be enough to get the project started. Also, consider cancelation terms to avoid significant penalties should you decide to call the project off. The bottom line; go for value, not the most enticing offer.


When can you start the project? Don’t skip that part, especially considering your timeline and how it affects your commercial operations. Availability, while an easily overlooked aspect, can significantly affect the progress. If the general commercial contractor is overwhelmed, they won’t be the best to help you stick to your schedule. Choose a service with enough resources and can start without as many inconveniences.


What are other clients saying? Is the general commercial contractor a member of certain professional bodies? Some contractors cut corners, such as using inferior materials. With such a service, your project won’t deliver the value of your investment. As such, it is essential to ensure that you enlist a reliable and reputable contractor. See what their previous clients are saying and their professional affiliations. Testimonials give you an idea of how the contractor works, while memberships and affiliations tell you the standards they follow.

Finding the best general commercial contractor might take a moment and some work. Nonetheless, it is worth it, considering the impact they hold as you strive to keep your property in top shape.

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What is the Hamptons effect, and what is its connection to Labor Day?

What is the Hamptons effect?

There is a phenomenon that many observed around the Labor Day weekend. We call it the Hamptons effect. It refers to a trading dip before Labor Day weekend succeeded by a trading volume increase as soon as traders and investors return from their long weekend. But why was it called the Hamptons effect when it is not too related to Labor Day? The idea came from massive Wall Street traders who spend their remaining days of summer in the Hamptons. Elite people from New York would usually go to the Hamptons during summer.

Tell me more about the Hamptons effect.

We mentioned that an increased trading volume succeeds the dip. Is this a good sign? It can be. It should take the form of a rally when portfolio managers create trades to strengthen their total return as the latter part of the year approaches. On the other hand, it may also be a bad sign. How? It may negatively impact portfolio managers when they opt to make profits instead of opening or adding more to their positions. It will benefit investors and traders if they know the Hamptons effect because this calendar effect is not baseless. It depends on statistical analysis and evidence from anecdotes.

The Hamptons effect and the statistical case

The statistical case of the Hamptons effect is not the same for every sector. It might be more powerful for others. Let us say that we used S&P 500. The characteristics of the Hamptons effect will behave with a little bit more volatility and a minimal positive impact based on the period used. On the other hand, one can also use sector-level data and make a case showing that a stock profile gets more favor after the long weekend. For instance, the case might be about defensive stocks favored as the latter part of the year approaches. Hence, they benefit from the Hamptons effect. We assume that defensive stocks are consistent with their performance, just like food and utilities.

Trading and the Hamptons effect

Finding a pattern is one thing and depending on the pattern you found is another. During data analysis, you will most likely find yourself looking at attractive trends and patterns after the parameters shift. We can explain the Hamptons effect using market data and when adjustments are made to the period and stock type. But here is the thing: is the impact high enough that it can make a true performance benefit while considering taxes, fees, spreads, and the like?

But what about individual investors?

The answer for most individual investors is to the negative for the market anomaly. Average investors may find the Hamptons effect and any other anomalies that can be translated from data interesting. However, they also know that as an investment strategy, their value is not that relevant. It does not even matter if the market looks consistent. It can quickly decline as soon as traders and institutional ones try to take advantage of an interesting arbitrage opportunity.

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Six Benefits of a DPF Filter!

A DPF (diesel particulate filter) is a device used to remove soot and other particulates from the exhaust of diesel engines. These filters can be either disposable or re-usable.

They are designed to trap small particles before they enter the atmosphere, reducing the amount that reaches the lungs of humans and animals living nearby. This post will explore the 6 benefits of using a DPF filter in your vehicle!

Number #1: If you are having trouble with the health of your vehicle’s engine, it might be time to invest in something that will save money on gas and reduce harmful pollutants at once! A DPF is designed specifically for this task.

It acts as an exhaust filter by trapping diesel particulate matter before releasing it into the atmosphere through combustion or other release methods. This makes them incredibly effective tools when reducing environmental impact from vehicles is important to you!

Number #2: A DPF can increase fuel efficiency. When more efficient driving habits become routine, fuel efficiency goes up immediately!

Installing a good quality dpf system means better mileage per gallon every day, leading to more savings over time than any small boost. Installing a dpf system is one of the easiest ways to reduce your carbon footprint, and it can also increase your vehicle’s resale value!

Number #3: A DPF will prevent problems with clogged fuel filters. The number one cause for needing new diesel particulate filter cleaning or replacement is dirty fuel filters that have become completely blocked over time.

If particles build up faster than they can be burned off, then you’ll need something like an HHO generator to handle this problem – but prevention is always better than treatment in these types of situations!

Number #4: You’ll avoid costly repairs when you install a good quality DPF system. Repairs are often needed due to neglecting early warning signs from worn out parts, leading to more expensive service bills later.

Installing a dpf system can increase your engine life by reducing harmful emissions that contribute to damage over time! This means better performance without costly repairs down the line, saving money in both the short and long term.

Number#5: A DPF will reduce soot build-up. Diesel engines are not inherently dirty machines – they just produce different sizes of exhaust particles than gasoline-powered cars do due to their fuel being burned at higher temperatures because diesel is an oil-based biofuel.

Number #6: A good quality filter applied directly after this part of the combustion cycle reduces these larger particles dramatically while still allowing smaller carbon dioxide molecules through with no trouble whatsoever!


In conclusion, there are many benefits to using a DPF filter in your vehicle. They reduce environmental impact, increase fuel efficiency, prevent costly repairs due to poor system maintenance and can even increase the life of your engine!

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