கோவை புறநகர் 2008 ல் ஒரு ஏக்கர் ₹85,000/-. இன்று 1 to 1.25 Cr. 2008 ல் 1BHK வீடு ₹13,00,000/- ஆனால் இன்று ₹28,00,000/-. நீங்கள் சொல்வது புத்தக படிப்பு போல உள்ளது. 2015-ல் 15 சென்ட் இடம் ₹1.475 லட்சம்/சென்ட் விலைக்கு வாங்கியது இன்று ₹7.40 லட்சம்/சென்ட் விற்றுவிட்டது. ரியல் எஸ்டேட் விலை ஏறி கொண்டு தான் போகும். ஏனெனில் மக்கள் தொகை பெருகுது. எல்லோருக்கும் தனி வீடு வேண்டும். பூமி பெருகாது. சென்னை மட்டும் அளவுகோல் இல்லை. Just demand supply ratio will decide the price.
Today, the situation different. The increase what you hv stated is about comparing 15 years back and today. 5 years back and today is just opposite. It has only gone down. Investing now in real estate today expecting increase is crime. Real estate won't give any return. Buy if you hv cash for your own stay. Never invest for return. Don't take loan instead go for rental. Real estate future is bleak.
Now population is decreasing. Now, more people are having house compared to house. Cash transactions are restricted. Only highest interest groups can purchase on black money.
தமிழ்நாடு பொருத்தவரை வீடு என்பது பாதுகாப்பு...ஆகவே முதலீடு வரும்...EMIயில் நாம் கொடுக்கும் வாடகை போக மீதி பணத்தை ஏற்பாடு செய்ய முடியும் என்றால் உடனடியாக வீடு வாங்களாம்...வீடு என்பது Emotionalஆ எடுக்கும் முடிவு அல்ல...முதுமையின் பாதுகாப்புக்கு அவசியம்...இன்று 25 வயது வாலிபர் கொடுக்கும் வாடகை 35 வருடம் கழித்து நிச்சயமாக பல மடங்காகும்...ஆனால் அன்று அவரால் வீடு வாங்க முடியாது வாடகையும் கொடுக்க முடியாது..ஆகவே இளமையில் வீடு வாங்குவது ok...atleast roof over your head is assured.
கடன் வாங்கி சொந்தமாக வீடு வாங்குவதை காட்டிலும், வாடகை வீட்டிலேயே இன்னும் சற்று காலம் கழிக்கலாம் போல் தெரிகிறது. தங்கள் ஆலோசனைக்கு மிக்க அண்ணா. 🙏 பொங்கல் திருநாள் நல்வாழ்த்துக்கள்🎉
Simple fact is that if you buy flat/villa on loan and paying EMI you have to pay interest double the loan amount and even more if the interest rate increases! Buy house only if you are dwelling there or otherwise utter waste for rental and appreciation! For investment buying plots always somewhat better!
என்னைப்போல் உண்மையாக விவசாயம் செய்பவர்களுக்கு விவசாய நிலம் வாங்க முடியாத அளவுக்கு கருப்பு பொருளாதாரம் விலை ஏற்றிவிட்டது. ஐந்து வருடத்தில் குப்பைக்கு போகும் கார் லோன் வங்கியில் கிடைக்கும். விவசாய நிலம் வாங்க கடன் கிடைக்காது. கருப்பு பணம் இப்போதும் வேறு வடிவில் உள்ளது.
உங்களை போன்ற பலர் விவசாயம் செய்ய ஆர்வமாக உள்ளனர்.. விலை என்பது அனைவரிடமும் இருக்கும் பணத்தின் அளவை பொறுத்து.. உங்களுக்கு அது குறைந்த விலையில் கிடைக்க வேண்டும் என்பது எப்படி நியாயம்???
இவரை போல் ஆட்கள் வீடு வாங்காதிங்க தங்கம் விலை ஏறாது நு சொல்வது நம்மள stock or mutual fund la investment பண்ண வைக்கதான் ஆனால் இவர் கருத்தில் உண்மை இருக்கிறது
I think one more factor also to be noted .Price are fixed by brokers not by buyers or sellers. No idea about apartment, Rising land value can't be stopped by any one.
Sir in 2008, an apartment in 10 apartment building is 3000 rs/sqft. Now an apartment in 100 apartment building is same 3000 rs/sqft. This means the undivided share of land property has significantly reduced - price has actually skyrocketed.
But in this case buyer is not getting the benefit..only real estate builder, seller is enjoying more money for same sq ft of land. So its a huge loss for buyer. A buyer will get profit only when he buys for x rupee and sells more than yX rupees. It is not guaranteed if UDS decreases.
True about the rental return. We bought an apartment in 2008 in Chennai. Even now at 2021, the rental amount is the same Rs 12000. This is despite the apartment being in a lovely gated community and on the main road. Just not worth investing in an apartment for renting out purpose.
@@Jilljungjuk1 Nobody wants to take it for more. When there are plenty available for really cheap rates. If you are investing in flats within the city then your value will go up. Otherwise this is the scenario. And they keep leaving every year and we have to spend on repairs again. So it's just not worth it to buy flats for rental income in the outskirts.
In last few months there is a boom in salary in IT industry due to attrition rate. Particularly junior resources are getting big hikes. Do you think real estate may increase due to that
This is highly impossible and I can’t believe that the rate is same after 15 years It can’t be same sir since logically if you think 💭 the material, labourers, transportation etc all are increased only not decreased This is my view
Actually the profit portion is high... not the cost portion sir, what he told in 15 years the profit portion will be reduced and cost portion Will get increase as a result of price increase in raw materials.. but the price will be the same...
One of my friend has purchased a 2nd hand flat in 2019 or so at OMR (age around 10 years-built around 2009) for almost the same price at which the seller has purchased 10 years back 3 BHK
@@ravindarjayachandran879 This fall in price is due to the pandemic and many vacant properties in metro cities. But in the sub urban this has caused a huge rise in prices due to WFH.
Thank you Sir. I understand all your facts. I would like to know, whether, the construction costs will not rise? The construction cost of 1000 sqft house was Rs. 2,00,000 in 1994. Whereas now(14-01-2022) it will be around Rs. 20,00,000/-. Cost of labour & materials are increased.
@@cookmaster3626 you misunderstood the reply. Please check again mentioned his greedy… he is having dinosaur size expectations that’s why mentioned 2crore value. Some people are still dreaming 2crores 5 crores 10 crores 40 crores property values get hike like this.
@@NandhaKumarrocks y can’t it be 2Cr in 15 yrs? There is a hike in 20-30% in the cost of the building materials in just a year. Ask a builder or someone who had a construction done recently. At this trend I wouldn’t doubt it. U would have said the same 20 years ago that it wouldn’t be 20L in 2020.
SIR, Still people are very interesting for purchasing the Agricultural lands. Whether the people expecting higher profit in the future?. What is the reason sir?
Sundar sir, good video. One information i want to convey is banks are not offering fixed rate of interest loans to home borrowers. Only variable interest rate are offered. So borrowers have no choice. Pl verify and confirm the same in your next video and it will be very useful for your viewers. KIND ATTENTION SIR
Sir,we buy 26 cents land in Coimbatore 2007 total amount is 13 lacks.now it's value is 1.04 crore.it means house purchase is not worth.empty land only profitable
13 lakhs in 2007 is equivalent to approximately 60 lakhs right now with inflation. On top of it, the interest and any capital gain if you sell adds to it
தமிழ்நாட்டின் மக்கள் தொகையைவிட அதிகமான மனைகள் போடப்பட்டுள்ளன. அதாவது 15 கோடி வீட்டு மனைகளுக்கு மேல் போட்டுள்ள மனைகளில் வீடு கட்டப்போகும் ஆட்கள் இன்னும் பிறக்கவே இல்லை. வீட்டு மனை வாங்காதீர். வாழ்க்கையை இழக்காதீர்
Demand for real estate will be there forever. The land cannot be created, so the demand will increase day by day, it wont decrease. Demand will also increase due to new infrastructural development like metro , airports etc., Location is the only important thing while investing in real estate. Land rate hasn't decreased till this date anywhere in Tamilnadu.
In real estate the demand will shift from one location to other, but the demand will be there forever.Thats why clever investors will look for government notifications for new development before investing in a location and some will buy flats when the project is launched at cheap basic price and will sell at the time of completion of the project at a higher price. Even in location where we think it has reached saturation, still there are people ( that locality will become affordable only to elite class, but the demand will be there between them ) to invest, real estate purchase decisions are made not purely based on investment and profitability. Vertical growth indicates, the rising demand for land and price increase in that locality. people are not comfortable with horizontal growth, thats why we are witnessing vertical growth of even 2500 flats in a premises, in city suburbs.
@@abinolynt965 All you say will never compromise on 5 x annual income global standards. Even it’s not the case in USA. Anything more it’s a bubble and gamble
சார் சொல்வது வீட்டால் முதலீடு மட்டுமே. அருப்புக்கோட்டையில் 2008 ல் ஒரு சதுர அடி நிலம் 105 ரூபாய்க்கு வாங்கினேன். அதில் ஒரு பகுதியை 2016ல் ரூ.1025 க்கு விற்றேன். இன்று ரூ.2500 க்கு கேட்கிறார்கள். நான் விற்க விரும்பவில்லை. விரைவில் ரூ.4000 போகும் என சொல்கிறார்கள்.I am waiting.
Real estate investment in metro or cities reached stagnation but look at rural side farm land prices in pandemic time, it is increased atleast 3 to 4 folds. COVID has actually levelled and distributed the real estate boom across the country. Investment in more than one home not advisable as you mentioned.
Thank you for acknowledging the benefits of the Modi Government's efforts in controlling blackmoney and the benefits derived in controlling the real estate and the price stability. This will benefit crores of the new generation youngsters and the old people who are aspiring to buy a house 👏👏
Sir most of your points are focusing towards metro cities like chennai and bangalore. What about the normal cities like madurai and dindigul. Will the same applicable here as well?
Athelam avanga pesamatanga,. Inga madurai la 10 years back oru plot 10k ku vithuchu ipo enga area la 30L ku only 2.5 cent than vangamudium ,,am talkin' about plot not even home ,,,3L iruntha veedu ipo 50l in Same 550sqft house ,,,in madurai outskirts ,,,people are building houses in insane speed ,,,chennai real estate is big Flop if you see in omr all are empty flats
@@rameshchinnasamy9135 it's not applicable ,,people tend to avoid buying in chennai or any other metro but focus on thier hometown which is way too cheap when comparing the same landscape with connectivity to airpor or junction nearby ,
I bought plot in between tambaram to Sriperumbudur. That Area always have boom because of industries surrounding it.. If u invest in economic zones u will benefit
Even though I admire you as a good trader, I won't accept this one sir : House bought for 4 lakhs (on 2010~) is now valued for 40 lakhs !!! Eventually that will become (4 crores) ,2030 for sure !
Sir: I live in the USA but I am from Tirunelveli. I am very impressed by the finer details of the real estate invetment you have given in this video. It is highly useful for home buyers as well as investors. We need more people like you for the society. Hats off to you, Sundar Sir. M. Chellappa, Atlanta, GA
5+ acres two documents this properties ... one document 2.20 acres second file 3.30+ acres price 37 lakhs per acre negotiations Location: Kotagiri to 15km distance
@@MohammedAli-yu9qh yes brother, in our country I don’t think there will come a real estate crash. Coz ppl don’t sell low n buyers who can purchase continue to buy
According to me investing in land fetches more returns, I thought corona pandemic will lead to decline in land price but it's not true, there is 25 percent increase in land value in the past 2 years, there is a big boom silently going on in west chennai upto oragadam and sriperumbudur , as New train facilities , satellite township and outer ring road are being implemented, in another 5 years there will be double the price in these areas as there is need for house for the younger generation.
Important point which is missed is Buying home is an emotional decision based on individual needs. Just using a flats as measurement doesn't do justice. LAND appreciates and building deprecates like they say. So you just compared 3000 Per Sqft in 2008 , but now the construction cost alone is 2500. Don't buy the argument of RE is a worst investment. Selection of property just like stocks is must. Also Realestate is a long term game and rental are in the pocket 😉
Compare gold & land price then talk I see huge margins just 3 years gap 20L to 1C even I have property brought 10L now asking price 60L don't underestimate power of the real estate and chennai is not a only city in tamilnadu.
Sir, actually the salaries for IT people are increased more than 80% in last two years during pandemic. There is a huge demand for IT professionals so many companies are offering even more than 100% salary to pull resources. Also the pay for college final year students are increased
Commercial property buy pannalamah? Sir minimum monthly 1-2% returns varuthu apudinna athu nalla investment thana because stock market last 10year avg returns is 20% athe nan main areala Chennai la commercial property 3.6crore ki buy panna enaku monthly 3lakh rental income mattum varuthu it's a good or not?
சார், ஒரு முக்கியமான விஷயத்தை நீங்கள் கவனத்தில் கொள்ள வில்லை. அரசியல்வாதிகளிடம் அபரிமிதமான கறுப்பு பணம் புழங்குகிறது. அவர்கள் மேலும் மேலும் விலையை ஏற்றி நிலங்களை வாங்கி வருவதால் கண்டிப்பாக விலை ஏற்றம் உண்டு.
Sir, i am ur longtime follower. I love most of ur videos. In this video you have only mentioned about flats in metro city like Chennai. What about investing in plots?. What is plot rate in 2008 and what's rate now. So what you have mentioned is applicable only for flats not applicable for plots that either in metro or other cities like Coimbatore, madurai, etc. It will be great, If you reply for this msg. Just to get clarity sir.
Sir, u missed out another important point in NRIs buying apartment in India. Unlike resident property owner facing only 1℅ TDS at the time of selling, NRIs have to face now 20.8℅ TDS while selling his white money-funded apartment before registration!. Then how prices can appreciate?
What he said is true but real estate in few pockets will definitely sky rocket. We need to exactly identity which place will be appreciate nicely and ibvest there.
In my opinion, value in real estate depreciated.. omr property value per square feet if a person buys from builder may be 3000 today but if common man tries to sell his apartment which he bought in 2008 , he may have to sell it for 2000 per sqft.. net loss of 1000 per sqft
@@sureshr1611 builder may ne quoting 5k per sqft bro.. but there are very few takers at that price.. but builder has taken loan to build for which they have to pay interest due to which they can't reduce price. This leads to unsold apartment for which builder has to pay interest. This becomes a vicious cycle sir due to which builders are forced to quote even higher prices.. Check for reseller flat prices in omr and u will come to know the truth
Rent senario will change in next 2-3 years.. It will rise.. Coz all construction cost gone up like anything.. Everyone wanted to stay in rented house, rent will increase naturally..
Incorrect info. Apartment prices have increased in last 10 years on OMR. Why do you have to look at only Apartment when you talk about real estate. It includes land/plots also, right ? Did you check growth of the land price ? I am not here to recommend anyone to go for real estate as an investment. I am trying to say that when you compare something, you will have to consider all the aspects, not just Cherry picking the data that's is favorable to your argument.
I am seeing most of the economists registering this same view about real state in recent times, but I don't know based on what parameters they're concluding and I hope most of them referring based only by chennai property value, they have to consider other places within TN and analysis before posting , because it's contradicting in realistic based on my personal experience. More over they discuss about inflation, doesn't it applies for construction materials at least
What he is telling is generally true for Chennai. Compared to last 10 to 20 years, the price increase and rental return is very less or stagnant. This is due to over supply of apartments due to increase in technology of building houses.. now the demand compared to supply is very low.. What he tell about singapire is also true...the salaries are not that good as was before...
Your messages are very useful sir. But iam having one doubt ie government is going to do radial development, more no of IT companies are going to be established.when these things happen mean automatically real estate also increase. Shal I invest money in real estate in coimbatore? Your advice is red sir
Dear Sundar, This is udhay (working in Chennai) I am very much passionate about share market and I am slowly learning it around 7years I am seeking a job related to share market to get peace of mind If you had a job related to share market for me, Please Let me know. Thankyou
Well Said. But going forward as the Govt salary expenses and in general govt spending and govt borrowing going up, higher inflation rates will lead to negative real interest rates. Money value in Deposit ac will go down. Fixed assets will cost more in the future due to inflation. Real estate value of Buildings vs real estate value of Land appreciation difference will come down but overall home value may catch up after stabilisation. But Black money effect part will slowly come down for new property. Old property discounts will come down. Also, the new trend of online working may shift the urban real estate demand to suburban and rural areas. Also larger individual homes may have higher/ premium price and appreciation. Rent in suburban and Rural areas may go up at higher rates. Household formation rates, inflation and job markets will influence Rents and home value in the future.
கோவை புறநகர் 2008 ல் ஒரு ஏக்கர் ₹85,000/-. இன்று 1 to 1.25 Cr. 2008 ல் 1BHK வீடு ₹13,00,000/- ஆனால் இன்று ₹28,00,000/-. நீங்கள் சொல்வது புத்தக படிப்பு போல உள்ளது. 2015-ல் 15 சென்ட் இடம் ₹1.475 லட்சம்/சென்ட் விலைக்கு வாங்கியது இன்று ₹7.40 லட்சம்/சென்ட் விற்றுவிட்டது. ரியல் எஸ்டேட் விலை ஏறி கொண்டு தான் போகும். ஏனெனில் மக்கள் தொகை பெருகுது. எல்லோருக்கும் தனி வீடு வேண்டும். பூமி பெருகாது. சென்னை மட்டும் அளவுகோல் இல்லை. Just demand supply ratio will decide the price.
நீங்க சொன்னது உண்மை அய்யா.....
Today, the situation different.
The increase what you hv stated is about comparing 15 years back and today.
5 years back and today is just opposite.
It has only gone down.
Investing now in real estate today expecting increase is crime. Real estate won't give any return.
Buy if you hv cash for your own stay. Never invest for return.
Don't take loan instead go for rental.
Real estate future is bleak.
Now population is decreasing. Now, more people are having house compared to house. Cash transactions are restricted. Only highest interest groups can purchase on black money.
Excellent Explanation
Exactly .. He won't discuss about CBE/other locations out of Chennai...
தமிழ்நாடு பொருத்தவரை வீடு என்பது பாதுகாப்பு...ஆகவே முதலீடு வரும்...EMIயில் நாம் கொடுக்கும் வாடகை போக மீதி பணத்தை ஏற்பாடு செய்ய முடியும் என்றால் உடனடியாக வீடு வாங்களாம்...வீடு என்பது Emotionalஆ எடுக்கும் முடிவு அல்ல...முதுமையின் பாதுகாப்புக்கு அவசியம்...இன்று 25 வயது வாலிபர் கொடுக்கும் வாடகை 35 வருடம் கழித்து நிச்சயமாக பல மடங்காகும்...ஆனால் அன்று அவரால் வீடு வாங்க முடியாது வாடகையும் கொடுக்க முடியாது..ஆகவே இளமையில் வீடு வாங்குவது ok...atleast roof over your head is assured.
உண்மை
கடன் வாங்கி சொந்தமாக வீடு வாங்குவதை காட்டிலும், வாடகை வீட்டிலேயே இன்னும் சற்று காலம் கழிக்கலாம் போல் தெரிகிறது. தங்கள் ஆலோசனைக்கு மிக்க அண்ணா. 🙏 பொங்கல் திருநாள் நல்வாழ்த்துக்கள்🎉
Yes. Put that amount in index fund for next 10 years and then redeem, buy 🏠 home
S 10k fit me best rent
Hai sir...super speech
Hai sir...super speech
Super
Simple fact is that if you buy flat/villa on loan and paying EMI you have to pay interest double the loan amount and even more if the interest rate increases! Buy house only if you are dwelling there or otherwise utter waste for rental and appreciation! For investment buying plots always somewhat better!
என்னைப்போல் உண்மையாக விவசாயம் செய்பவர்களுக்கு விவசாய நிலம் வாங்க முடியாத அளவுக்கு கருப்பு பொருளாதாரம் விலை ஏற்றிவிட்டது.
ஐந்து வருடத்தில் குப்பைக்கு போகும் கார் லோன் வங்கியில் கிடைக்கும்.
விவசாய நிலம் வாங்க கடன் கிடைக்காது.
கருப்பு பணம் இப்போதும் வேறு வடிவில் உள்ளது.
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உங்களை போன்ற பலர் விவசாயம் செய்ய ஆர்வமாக உள்ளனர்.. விலை என்பது அனைவரிடமும் இருக்கும் பணத்தின் அளவை பொறுத்து.. உங்களுக்கு அது குறைந்த விலையில் கிடைக்க வேண்டும் என்பது எப்படி நியாயம்???
உண்மை உண்மை
ஐயா, மிகவும் அறிவார்ந்த தகவல்... மிக்க நன்றி... 🙏🙏🙏
Having a own property is an emotion..
இவரை போல் ஆட்கள்
வீடு வாங்காதிங்க
தங்கம் விலை ஏறாது நு
சொல்வது நம்மள stock or mutual fund la investment பண்ண வைக்கதான்
ஆனால் இவர் கருத்தில் உண்மை இருக்கிறது
I think one more factor also to be noted .Price are fixed by brokers not by buyers or sellers.
No idea about apartment,
Rising land value can't be stopped by any one.
Sir in 2008, an apartment in 10 apartment building is 3000 rs/sqft. Now an apartment in 100 apartment building is same 3000 rs/sqft. This means the undivided share of land property has significantly reduced - price has actually skyrocketed.
I think this calculation is wrong... When you get permission and approvals correctly we can't exceed more than 2X of the FSI....
Are you interested in living in a new house or interested in Real estate gambling
But in this case buyer is not getting the benefit..only real estate builder, seller is enjoying more money for same sq ft of land. So its a huge loss for buyer.
A buyer will get profit only when he buys for x rupee and sells more than yX rupees. It is not guaranteed if UDS decreases.
வாத்தியார் வாத்தியார் தான் நல்ல தெளிவான கருத்துக்கள் ஐயா நன்றி
Sir, u should talk about the topic of buying land or home in southern and other parts of Tamilnadu; Chennai can't be the sole real estate market 🤔
True about the rental return. We bought an apartment in 2008 in Chennai. Even now at 2021, the rental amount is the same Rs 12000. This is despite the apartment being in a lovely gated community and on the main road. Just not worth investing in an apartment for renting out purpose.
:( same.feeling
Why didn’t you raise rent?
@@Jilljungjuk1 Nobody wants to take it for more. When there are plenty available for really cheap rates. If you are investing in flats within the city then your value will go up. Otherwise this is the scenario. And they keep leaving every year and we have to spend on repairs again. So it's just not worth it to buy flats for rental income in the outskirts.
Never invest in building....it's depreciating asset, invest in land....
@@av.._.. yes. Absolutely correct.
In last few months there is a boom in salary in IT industry due to attrition rate. Particularly junior resources are getting big hikes. Do you think real estate may increase due to that
Current generation don't like real estate
Dream dream more 😂😂😂 market already saturated with all kinds
In next few months, many people will be laid off. Wait and see...
இந்த மாதிரி எத்தனை பேர் சொன்னாலும் விலை அதிகமாக தான் இருக்கிறது. இன்னும் அதிகமாகும்.
True but no one will accept, but in future they will feel
Yes true
கைடு லைன் விலையை விட குறைவான விலைக்கு தான் இப்போது வாங்கப் படுகிறது.ஆனால் பத்திரப் பதிவு கட்டணம் கைட் லைன் வால்யூ படி கட்டப்படுகிறது
This is highly impossible and I can’t believe that the rate is same after 15 years
It can’t be same sir since logically if you think 💭 the material, labourers, transportation etc all are increased only not decreased
This is my view
Actually the profit portion is high... not the cost portion sir, what he told in 15 years the profit portion will be reduced and cost portion Will get increase as a result of price increase in raw materials.. but the price will be the same...
One of my friend has purchased a 2nd hand flat in 2019 or so at OMR (age around 10 years-built around 2009) for almost the same price at which the seller has purchased 10 years back 3 BHK
@@ravindarjayachandran879 This fall in price is due to the pandemic and many vacant properties in metro cities. But in the sub urban this has caused a huge rise in prices due to WFH.
@@pranav9820 2019 was before pandemic from March 2020 the effect of pandemic might have come. My friend purchased in 2019
@@ravindarjayachandran879 oh yes 😅
Thank you Sir. I understand all your facts. I would like to know, whether, the construction costs will not rise? The construction cost of 1000 sqft house was Rs. 2,00,000 in 1994. Whereas now(14-01-2022) it will be around Rs. 20,00,000/-. Cost of labour & materials are increased.
it will not be 2crores thats issue greedy matters
@@NandhaKumarrocks Did you read his number for 2022?. It is NOT 2 crores, It is 20 Lakhs. Read the zeros carefully.
@@cookmaster3626 you misunderstood the reply. Please check again mentioned his greedy… he is having dinosaur size expectations that’s why mentioned 2crore value. Some people are still dreaming 2crores 5 crores 10 crores 40 crores property values get hike like this.
@@NandhaKumarrocks y can’t it be 2Cr in 15 yrs? There is a hike in 20-30% in the cost of the building materials in just a year. Ask a builder or someone who had a construction done recently. At this trend I wouldn’t doubt it. U would have said the same 20 years ago that it wouldn’t be 20L in 2020.
@@pranav9820 history always repeats, realestate is over hyped same like stock market. fall will happen, but slowly
Agree for most points other than IT salary.
The salary gets paid to the most sought after skill. Still paid multifold.
பயனுள்ள தகவல்கள் ஐயா, நன்றி!
SIR,
Still people are very interesting for purchasing the Agricultural lands. Whether the people expecting higher profit in the future?. What is the reason sir?
Sundar sir, good video. One information i want to convey is banks are not offering fixed rate of interest loans to home borrowers. Only variable interest rate are offered. So borrowers have no choice. Pl verify and confirm the same in your next video and it will be very useful for your viewers. KIND ATTENTION SIR
Because Banks don't get long term funds with fixed interest rates
Sir,we buy 26 cents land in Coimbatore 2007 total amount is 13 lacks.now it's value is 1.04 crore.it means house purchase is not worth.empty land only profitable
13 lakhs in 2007 is equivalent to approximately 60 lakhs right now with inflation. On top of it, the interest and any capital gain if you sell adds to it
2007 tea rate 2 rs,2022 tea rate 18 rs
Sir.
Apartment value will not increased.
But Land will increase.
I bought land 1 cent (40k) in 2016.
Now 1cent (1.5L).
Don't blame peoples. Pls.
Excellent Example
Yes correct.
தொடர்ச்சியாக பதிவுகள் போடுங்கள்.
Sir u r talking about tier 1 cities..come to tier 3 towns... Realestate price appreciation is good...price doubled in last one year...
It is all due to brokers and agents. It will saturate very very soon
Yes, true..the guidelines values are very lesser than the actual value in many urban towns.. what he said is applicable only for metro
தமிழ்நாட்டின் மக்கள் தொகையைவிட அதிகமான மனைகள் போடப்பட்டுள்ளன. அதாவது 15 கோடி வீட்டு மனைகளுக்கு மேல்
போட்டுள்ள மனைகளில் வீடு கட்டப்போகும் ஆட்கள் இன்னும் பிறக்கவே இல்லை.
வீட்டு மனை வாங்காதீர். வாழ்க்கையை இழக்காதீர்
ஆச்சரியம் அளிக்கும் தகவல் !
100% உண்மை.
இந்தியாவை பொறுத்தவரை வாடகை வீடே சிறந்தது 👍
Vaanga bro 8500/- rent eb charge moraivaasal home Maintenance charges all extra available 1bhk
மார்கெட் பற்றி தினமும் தமிழில் வீடியோ போடவும்
Your datas are applicable to Chennai sir, in Coimbatore and tirupur in suburbs prices of real estate are nearly 2 to 3 times pre COVID sir
Demand for real estate will be there forever. The land cannot be created, so the demand will increase day by day, it wont decrease. Demand will also increase due to new infrastructural development like metro , airports etc., Location is the only important thing while investing in real estate. Land rate hasn't decreased till this date anywhere in Tamilnadu.
It will diversify and expand horizontally and with cars, rates will never go up especially once already in peak city places
In real estate the demand will shift from one location to other, but the demand will be there forever.Thats why clever investors will look for government notifications for new development before investing in a location and some will buy flats when the project is launched at cheap basic price and will sell at the time of completion of the project at a higher price. Even in location where we think it has reached saturation, still there are people ( that locality will become affordable only to elite class, but the demand will be there between them ) to invest, real estate purchase decisions are made not purely based on investment and profitability. Vertical growth indicates, the rising demand for land and price increase in that locality. people are not comfortable with horizontal growth, thats why we are witnessing vertical growth of even 2500 flats in a premises, in city suburbs.
@@abinolynt965 All you say will never compromise on 5 x annual income global standards. Even it’s not the case in USA. Anything more it’s a bubble and gamble
Well said
சார் சொல்வது வீட்டால் முதலீடு மட்டுமே. அருப்புக்கோட்டையில் 2008 ல் ஒரு சதுர அடி நிலம் 105 ரூபாய்க்கு வாங்கினேன். அதில் ஒரு பகுதியை 2016ல் ரூ.1025 க்கு விற்றேன். இன்று ரூ.2500 க்கு கேட்கிறார்கள். நான் விற்க விரும்பவில்லை. விரைவில் ரூ.4000 போகும் என சொல்கிறார்கள்.I am waiting.
2050 துல 1L pogum appp வியுங்க
Real estate investment in metro or cities reached stagnation but look at rural side farm land prices in pandemic time, it is increased atleast 3 to 4 folds. COVID has actually levelled and distributed the real estate boom across the country. Investment in more than one home not advisable as you mentioned.
low demand.
Thank you for acknowledging the benefits of the Modi Government's efforts in controlling blackmoney and the benefits derived in controlling the real estate and the price stability. This will benefit crores of the new generation youngsters and the old people who are aspiring to buy a house 👏👏
Sir most of your points are focusing towards metro cities like chennai and bangalore. What about the normal cities like madurai and dindigul. Will the same applicable here as well?
Buy but u can't sell more than 10% higher in 20 years
Black money component is high in interior tamilnadu like madurai
Its applicable in all cities....
Athelam avanga pesamatanga,. Inga madurai la 10 years back oru plot 10k ku vithuchu ipo enga area la 30L ku only 2.5 cent than vangamudium ,,am talkin' about plot not even home ,,,3L iruntha veedu ipo 50l in Same 550sqft house ,,,in madurai outskirts ,,,people are building houses in insane speed ,,,chennai real estate is big Flop if you see in omr all are empty flats
@@rameshchinnasamy9135 it's not applicable ,,people tend to avoid buying in chennai or any other metro but focus on thier hometown which is way too cheap when comparing the same landscape with connectivity to airpor or junction nearby ,
அருமையான தகவல் sir
I bought plot in between tambaram to Sriperumbudur. That Area always have boom because of industries surrounding it.. If u invest in economic zones u will benefit
மிகவும் தெளிவா விளக்கம் சொன்னீர்கள் சார். நன்றி.
Your explanation made me clear about real estate investment thank you sir.
Sriram from Sweden
இனிய பொங்கல் வாழ்த்துகள் வாத்தியாரே…
Even though I admire you as a good trader, I won't accept this one sir :
House bought for 4 lakhs (on 2010~) is now valued for 40 lakhs !!!
Eventually that will become (4 crores) ,2030 for sure !
dream travel..
Joke
Sir: I live in the USA but I am from Tirunelveli. I am very impressed by the finer details of the real estate invetment you have given in this video. It is highly useful for home buyers as well as investors. We need more people like you for the society. Hats off to you, Sundar Sir.
M. Chellappa, Atlanta, GA
5+ acres two documents this properties ... one document 2.20 acres second file 3.30+ acres
price 37 lakhs per acre negotiations
Location: Kotagiri to 15km distance
The real estate prices are in stagnation. Even if current prices are over valued, the prices don’t seem to come down or crash.
Yes.. Time correction happening in Real-estate..price correction is not possible in Real Estate.
@@MohammedAli-yu9qh yes brother, in our country I don’t think there will come a real estate crash. Coz ppl don’t sell low n buyers who can purchase continue to buy
@@shafi0911 Excellent bro
@@MohammedAli-yu9qh True Bro
Chennai ல விலை ஏறவில்லை ஆனால் கோவை ஈரோடு விலை ஏறிவிட்டது
even Salem also
100 % உண்மை
Evan Kovilpatti also very high also
Well said sir, even in USA, house prices are less for high salary. It’s very bad in Chennai
According to me investing in land fetches more returns, I thought corona pandemic will lead to decline in land price but it's not true, there is 25 percent increase in land value in the past 2 years, there is a big boom silently going on in west chennai upto oragadam and sriperumbudur , as New train facilities , satellite township and outer ring road are being implemented, in another 5 years there will be double the price in these areas as there is need for house for the younger generation.
Important point which is missed is Buying home is an emotional decision based on individual needs. Just using a flats as measurement doesn't do justice.
LAND appreciates and building deprecates like they say. So you just compared 3000 Per Sqft in 2008 , but now the construction cost alone is 2500.
Don't buy the argument of RE is a worst investment. Selection of property just like stocks is must. Also Realestate is a long term game and rental are in the pocket 😉
Sir; u should talk about middle class people investing in Land or buying home for their emotional basis?
Is this good time to buy home?
Put that amount in index fund for next 10 years and then redeem, buy 🏠 home
@@sbalaji358 if you wish to buy a land or home cost 10lakhs after 10 years , will be in crores
In our village last 15 yrs land price appreciated 100 times. It is near madurai .
Land price is definitely different ball game.
Yes , in Erode my neighbour farm land sale at 1c per acre
அருமையானா பதிவு, IT பொறுத்தவரை ஆரம்ப சம்பளம் உயவில்லை அனுபவம experiance நல்ல சம்பளம் பெறுகின்றனர்.
வாடகை வீட்டுக்கு பதில் lease வீடு யடுதல் rental மிச்சம்
You are the Real man.. God bless.
Compare gold & land price then talk I see huge margins just 3 years gap 20L to 1C even I have property brought 10L now asking price 60L don't underestimate power of the real estate and chennai is not a only city in tamilnadu.
Super Ji
Which type of property of yours gives 5x to 6x Value?
@dinesh J G I have property of 25 acre on road dindigul to palani 2000feet road frontage asking price 15c per acre 60L are you willing to buy ?_?
Sir, What standards are used for house estimation for bank loan,If any variation comes ,then how to tackle.
Sir, actually the salaries for IT people are increased more than 80% in last two years during pandemic. There is a huge demand for IT professionals so many companies are offering even more than 100% salary to pull resources. Also the pay for college final year students are increased
You are right . Author under estimates It field
this is only a bubble and temporary, as US government is printing lot of money and infusing into market which is overvalued
only partially ....
Ada ponga bossuuu
Yah middle level resources are on high demand
It may come down shortly
Commercial property buy pannalamah? Sir minimum monthly 1-2% returns varuthu apudinna athu nalla investment thana because stock market last 10year avg returns is 20% athe nan main areala Chennai la commercial property 3.6crore ki buy panna enaku monthly 3lakh rental income mattum varuthu it's a good or not?
Minimum 4-5 percent achum eruntha okay.
Else that property is over valued
There is one video ashanth talking about this in youtube go and watch that.
@@NAMBINRAJAN bro nan soldrathu monthly 1-2% annual 10-20% neenga soldrathu annual ah or monthly ah?
@@mr_az5948 i said annual. Annual 20 percent kidaikumna ,vera enna bro venum
Naan annual nu nenachiten. Monthly 3 lakh na sema buy bro. Eventually it will grow u will have capital appreciation as well in the long run 👍
@@NAMBINRAJAN 👍🙌
சார்,
ஒரு முக்கியமான விஷயத்தை நீங்கள் கவனத்தில் கொள்ள வில்லை. அரசியல்வாதிகளிடம் அபரிமிதமான கறுப்பு பணம் புழங்குகிறது. அவர்கள் மேலும் மேலும் விலையை ஏற்றி நிலங்களை வாங்கி வருவதால் கண்டிப்பாக விலை ஏற்றம் உண்டு.
Sir, i am ur longtime follower. I love most of ur videos. In this video you have only mentioned about flats in metro city like Chennai. What about investing in plots?. What is plot rate in 2008 and what's rate now. So what you have mentioned is applicable only for flats not applicable for plots that either in metro or other cities like Coimbatore, madurai, etc. It will be great, If you reply for this msg. Just to get clarity sir.
Investing In plots always Give Good Return, the area selection should be more important
Super and real situation
If govt throw away, all the bleddy, then real estate, deeply comedown.
Very good explanation sir,
தெளிவான விளக்கம் நன்றி ஐயா
Sir, u missed out another important point in NRIs buying apartment in India. Unlike resident property owner facing only 1℅ TDS at the time of selling, NRIs have to face now 20.8℅ TDS while selling his white money-funded apartment before registration!. Then how prices can appreciate?
That is common point of view... Dear viewers please consider to hole tamilnadu or all over India.... Chennai not only tamilnadu...
99% millionaires were made through real estate sir.
It is applicable only for chennai. In rural side still black money is playing important role while buying the property.
What he said is true but real estate in few pockets will definitely sky rocket. We need to exactly identity which place will be appreciate nicely and ibvest there.
In my opinion, value in real estate depreciated.. omr property value per square feet if a person buys from builder may be 3000 today but if common man tries to sell his apartment which he bought in 2008 , he may have to sell it for 2000 per sqft.. net loss of 1000 per sqft
Ur video about real estate is 50 % is ok and 50 % is false news. Today new flats at omr comes more than Rs 5000.
Who asked you to buy in OMR
@@sureshr1611 builder may ne quoting 5k per sqft bro.. but there are very few takers at that price.. but builder has taken loan to build for which they have to pay interest due to which they can't reduce price. This leads to unsold apartment for which builder has to pay interest. This becomes a vicious cycle sir due to which builders are forced to quote even higher prices.. Check for reseller flat prices in omr and u will come to know the truth
@@harinathankrishnanandam9709 bro r u having apartment in OMR?
அருமையான பதிவு 👍
நல்ல தகவல்.. நன்றி
Rent senario will change in next 2-3 years.. It will rise.. Coz all construction cost gone up like anything.. Everyone wanted to stay in rented house, rent will increase naturally..
நன்றி சார், எனக்கு ஒரு சந்தேகம் , இந்தியா விக்ஸ் நிப்டி 50 க்கு மட்டும் தான் ஒர்க் ஆகுமா? மற்ற சுமால் கேப் மிட்கேப் லாம் ஒர்க் ஆகாதா?
For all
Incorrect info. Apartment prices have increased in last 10 years on OMR. Why do you have to look at only Apartment when you talk about real estate. It includes land/plots also, right ? Did you check growth of the land price ? I am not here to recommend anyone to go for real estate as an investment. I am trying to say that when you compare something, you will have to consider all the aspects, not just Cherry picking the data that's is favorable to your argument.
Honesty = PRS 🏆super star for common man 🎖️
Sir- Can you please tell which development you looked at is today at OMR is at 3000 per sft. i am in the market can you please tell. Thanks
With the current IT job market boom (due to the Great Resignation) cause impact in Real Estate Market?? Can it make the Real Estate prices rise up?
No..Real estate is different..IT people are wise...
A boom is followed by lay off. So it will again reduce the real estate price.
The truth is none will sell the homes for a lesser price, Real estate price will not go down it will only go up or remain stagnant
For me and to all.very good information.
Very clear and example also given in good.sir.
I welcome to give more information
By next Visio sir.
நன்றி 🙏🏿
It's true sir for freshers they pay only 12000 per month
பணமுள்ளவர்கள் வீடு கட்டுவார்கள். புத்திசாலிகள் அதில் வாடகைக்குக் குடியிருப்பார்கள்.
I am seeing most of the economists registering this same view about real state in recent times, but I don't know based on what parameters they're concluding and I hope most of them referring based only by chennai property value, they have to consider other places within TN and analysis before posting , because it's contradicting in realistic based on my personal experience. More over they discuss about inflation, doesn't it applies for construction materials at least
What he is telling is generally true for Chennai. Compared to last 10 to 20 years, the price increase and rental return is very less or stagnant. This is due to over supply of apartments due to increase in technology of building houses.. now the demand compared to supply is very low..
What he tell about singapire is also true...the salaries are not that good as was before...
Great sir for your precious advice
Mr sundar sir IT boomed always rock never ever go down future also, real estate growth is there's.
Very good analysis sir !!
Sir please tell the real estate value in Bangalore. Please advise if it's good or bad to buy/sell a property in Bangalore.
Correct speak
Your messages are very useful sir. But iam having one doubt ie government is going to do radial development, more no of IT companies are going to be established.when these things happen mean automatically real estate also increase. Shal I invest money in real estate in coimbatore? Your advice is red sir
இனிய பொங்கல் வாழ்த்துக்கள் நன்றி வணக்கம்
Thanks for your information sir 🙏🙏
Very nice information and audio quality is excellent... Keep the good work.. thanks
Thank you for your valuable suggestion,sir..
Dear Sundar,
This is udhay (working in Chennai)
I am very much passionate about share market and I am slowly learning it around 7years
I am seeking a job related to share market to get peace of mind
If you had a job related to share market for me, Please Let me know.
Thankyou
Nandri aiya
Lot of important infirmations discussed. But we should be clear about urban side plots and city side flats
Good information sir. Thank you
Very useful information.Thanks a lot sir.
Good Analysis
Sundarji what about land investment...
can we consider same 60month income for land purchase?
Excellent explanation sir, thank you , very useful info. May God bless you and your family.
Well Said. But going forward as the Govt salary expenses and in general govt spending and govt borrowing going up, higher inflation rates will lead to negative real interest rates.
Money value in Deposit ac will go down. Fixed assets will cost more in the future due to inflation. Real estate value of Buildings vs real estate value of Land appreciation difference will come down but overall home value may catch up after stabilisation.
But Black money effect part will slowly come down for new property. Old property discounts will come down.
Also, the new trend of online working may shift the urban real estate demand to suburban and rural areas. Also larger individual homes may have higher/ premium price and appreciation.
Rent in suburban and Rural areas may go up at higher rates.
Household formation rates, inflation and job markets will influence Rents and home value in the future.