At a time when new car sales are witnessing record decline in India, pre-owned vehicles are likely to witness 10 per cent growth in sales to touch 4.4 million units in 2019 with millennials emerging as major buyers, according to a report by consumer-to-consumer marketplace OLX.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
It's best to avoid deals that sound too good to be true.
There is also an interesting name OLX gave the idle stuff lying in our homes: brown money. Over lunch, OLX CEO Amarjit Singh Batra tells Uttran Das Gupta how the company is weaning Indians away from their "irrational emotional attachment to things."
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