This Tenant Got Richer By Paying A Rent Of ₹1.1 Crore | The Tenant

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  • Опубліковано 27 гру 2024

КОМЕНТАРІ • 160

  • @conradpinto
    @conradpinto 8 місяців тому +19

    So many butthurt real estate fanbois here hating on Samar lol. Jalan hai toh neosporin lagao. This guy is living his best life and generated more returns in 10 years from equity than your real estate assets would return in your lifetime.

  • @SD_003
    @SD_003 8 місяців тому +15

    Very sensible person. I myself have purchased one in 2011 and can totally agree with him, investing would have been better. Mind you I closed the loan in 10 years and house price has gone 2.3X
    But simple index fund investment would have given way better returns. And I would have more than enough capital to buy this house cash down now and some more

  • @AJK666007
    @AJK666007 18 днів тому +4

    One of the smartest guys that I have seen in this series.. 1.1 cr might sound a bit much but for a span of 12 years its not much considering its South Bombay. Considering he has put money in equities, I'm sure he would have 5x his investments. People hating in the comments don't understand how the real estate or even the equities game works.

  • @ruchishinde5194
    @ruchishinde5194 8 місяців тому +20

    Samar's decision of not buying home immediately and waiting out is a pragmatic approach. He is letting his money work for him through equity investments and few years down the line he would be in a position to buy a home without a hefty loan. Many people don't get this because they think paying huge interest in loans is okay, when it's actually not. When it comes to buying a property, you need to take a rational decision instead of following the "herd" mentality. Remember, don't bite off more than you can chew.

    • @AnkitPatel-jg1fw
      @AnkitPatel-jg1fw 7 місяців тому +1

      You say as if equity investments are bound to keep giving such returns. Oh maybe you haven’t studied market cycles or what could go wrong. And when it goes wrong it could stay wrong for decades. Take for eg Japans Nikkei index. Took 30 years to reach back its peak. We have recency bias which suggests stock markets recover quickly and always go up.
      Also, i do not mean to say real estate will do well. However, point is to diversify and having home under your belt as soon as in life is what I believe provides mental comfort to then take risky bets

    • @ruchishinde5194
      @ruchishinde5194 7 місяців тому

      @@AnkitPatel-jg1fw Where did I say one shouldn’t diversify? Stop making assumptions about unknown strangers on internet. I’m entitled to an opinion as you are and if you don’t like it, please move ahead.
      Buying home doesn’t mean you make the bank rich by paying humongous interest. Some people pay interest for years to the bank even before they start paying principal amount. This is just my 2 cents. Take it or leave it. 🤷‍♀️

    • @godbole2090
      @godbole2090 5 місяців тому

      Good explanation.

    • @skttv4676
      @skttv4676 2 місяці тому

      Majority of people are fool they don't calculate and go with their emotions and taking stress and panic when buy home at loan at early stage of their life.

  • @shivkumar36
    @shivkumar36 8 місяців тому +5

    It looks like a good Home, has all the needs and comforts but with lots of warmth and no show off stuff. Loved this guy's outlook.. Would be a great guy to sit and chat!

  • @rawkerboi
    @rawkerboi 8 місяців тому +18

    Butt hurts orthodox people crying in comments.
    Just check the sensex at 2012 and now, you will get the idea how much his equity portfolio is..

    • @BENZENE6K
      @BENZENE6K 8 місяців тому

      What about people invested in hdil and reliance mobile?

    • @rawkerboi
      @rawkerboi 8 місяців тому +1

      @@BENZENE6K Only fools invest in such stocks. The guy is financial writer so obviously he is invested in Blue Chip stock

    • @ET-si7rl
      @ET-si7rl Місяць тому

      ​@@rawkerboi😊

  • @Uneducatedopinion57
    @Uneducatedopinion57 8 місяців тому +17

    Guys he is loving in one of the most premium areas not just in mumbai but all of India, it is very difficult to justify a purchase in this area if you can get a good rental price
    And let him decide for himself what he wants, why does everyone in the comments want to give him free ka gyan ?
    How many of you can even have the capacity to rent in the same area ?

    • @fwefhwe4232
      @fwefhwe4232 8 місяців тому

      that area is expensive but not premium.
      The quality of life you can have in tier 2 cities with say 3 lakh rs a month is FAAR BETTER than what you have in mumbai / delhi. Quality of roads, better fine dine restaurants, DPS schools are better, larger, cheaper, larger apartments with amenities, etc/

    • @sd51847
      @sd51847 8 місяців тому +1

      If you put it in public domain, you are asking for free ka gyan. Equally people will express opinion if they don’t agree with the lifestyle or choices he is depicting.

    • @Uneducatedopinion57
      @Uneducatedopinion57 8 місяців тому

      @@fwefhwe4232 that makes no sense

    • @Uneducatedopinion57
      @Uneducatedopinion57 8 місяців тому

      @@sd51847 just because he came on a public domain does not mean people should start judging his choices, it’s because they can post anonymously
      If you go by money as a marker of success he is probably doing better than the 99 percent of people giving him free ka gyan

    • @fwefhwe4232
      @fwefhwe4232 8 місяців тому

      @@Uneducatedopinion57 whats hard for you to understand ? I live in Indore and the quality of roads (all concrete), quality of apartments, fine dine restaurants, schools, etc is much better for the same amount.
      Not to mention 70% of the population doesnt live in slums in Indore.
      Pls dont assume every Indian city is like mumbai. We dont want to be haha.

  • @gk9670
    @gk9670 8 місяців тому +8

    It was very well done interview. The interviewee was a gentleman. Loved listening to his point of view. He definitely made enough and is quite proud of his decision. God bless him and his family.

  • @sravankumar8763
    @sravankumar8763 8 місяців тому +7

    We need more educated people like these, so we can earn who invests in real estate in next 5 to 10 years. please do this for next generation too and end up in poverty

  • @shilpagupta2557
    @shilpagupta2557 8 місяців тому +4

    Wish the episode would have shown his thought process behind converting the servants room into a study instead of store room, puja room or anything else. .... beautiful house, love the less furniture look

  • @versaillesthomas
    @versaillesthomas 8 місяців тому +11

    Smart move! Equity since 2010 has given more than 10x if invested smartly. Glad Samar didn't bite the 'emotional' bullet yet...

  • @tanyasingh3118
    @tanyasingh3118 8 місяців тому +3

    The house is spacious and the book collection is huge

  • @RamMohammadJosephKaur
    @RamMohammadJosephKaur 8 місяців тому +12

    Vishal is hellbent on tenants buying a home.

    • @neodro4831
      @neodro4831 8 місяців тому +3

      Very true!

    • @vishalbhargava5400
      @vishalbhargava5400 7 місяців тому +3

      No. I’m just curious on their financial strategy when they are paying big bucks on Rent

  • @ajeyingole7733
    @ajeyingole7733 8 місяців тому +9

    he write about finance in Forbes India

  • @prestigeflightyoutube
    @prestigeflightyoutube 8 місяців тому +14

    1.7 lakh rent per month? Just buy or find other houses

  • @0124ME
    @0124ME 8 місяців тому +2

    One of best episode of this show 👍

  • @sandeeplgupta
    @sandeeplgupta 8 місяців тому +3

    nicely done episode.. spacious bful flat..! never knew financial journalism is such a niche career..! the editor very smartly edited the discussion where mr.Srivastava just started mentioning his equity investment..! 😅 well.. real estate on it's own cannot be wholly sufficient in explaining one's spending capacity or investments he/she must be doing.. so a little discussion about the tenant's 'investments' should be included for a better understanding of his acumen.

  • @mediahost2243
    @mediahost2243 8 місяців тому +5

    Same approach to not buy till I’m 40 and then fix a place where I would live

  • @uchil9118
    @uchil9118 8 місяців тому +8

    Vishal and the tenant look like they are related.

  • @salimahmed9016
    @salimahmed9016 8 місяців тому +9

    Educated no-nonsense person.

  • @AnkitPatel-jg1fw
    @AnkitPatel-jg1fw 8 місяців тому +14

    It’s such a poor decision and that too from a so called financial advisor.
    He talks about 2cr invested in 2010 would have 4x now. But the question is did he have 2cr to invest back then. Real estate is a leverage play my friend
    And stay rest assured he’s gonna have to keeping paying this rent forever whereas had he bought paying the rent he is paying it would have been his property in next ten yrs
    Simple math if you choose to buy: 3% rental yield+6% annual price appreciation + home loan tax savings > 8.5-9% home loan rate

    • @hardmorabia9654
      @hardmorabia9654 8 місяців тому +1

      Clarity for youth?

    • @niranjan6918
      @niranjan6918 8 місяців тому

      LMAOO i know whom you are referring to@@hardmorabia9654

    • @7pulkit
      @7pulkit 7 місяців тому +1

      Hahahahaha chacha ji ka gyaan bhot sahi hai (though what projects he promotes in his whatsap groups are not great at times) but yes buying a house should be something ppl should look forward to

    • @AnkitPatel-jg1fw
      @AnkitPatel-jg1fw 7 місяців тому

      What clarity for youth? Didn’t get
      Whenever some set of people say something is plain blanket bad, we really need to think twice. In this case the influencers who are paid by broking houses to invest in market

    • @niranjan6918
      @niranjan6918 7 місяців тому

      bro clarity for youth is a youtube channel, sharing same thoughts as you have typed here@@AnkitPatel-jg1fw

  • @aprilfool3240
    @aprilfool3240 8 місяців тому +12

    Come out of Mumbai...That will be your best investment overall

  • @Milkyway248-p4h
    @Milkyway248-p4h 6 місяців тому +4

    Renting is best. Trust me this is from someone who has 90% of assets in real estate. You are stuck and lose a lot of opportunities. Focus on lifestyle. Give to your children same focus. Buy only if your issue is nasty landlords.NOT fir financial reasons

  • @rehanmomin1760
    @rehanmomin1760 7 місяців тому +11

    These are all selfish decisions.
    When you take family into consideration you must make sure your family have a roof on their head even if you are not around as they wont be able to manage finances as good as you were.
    And you must delay all the gratfication as much as possible. Living in luxury now just because rent is low will change your family habit in a long run.
    I also had the same mindset but thank god I changed my mind and bought a home in Navi Mumbai. I am more relaxed now. I am planning to close my Loan ASAP and then will start investing without any fear.
    Dont fear of starting late if you hear this finance guru you are always late to investing. so just ignore them.

    • @RJ05079
      @RJ05079 6 місяців тому

      Any suggestions regarding good areas in navi Mumbai ?

  • @surenkhalsa
    @surenkhalsa 8 місяців тому +6

    Would be more interesting to learn how does a financial journalist be able to afford such place..

    • @SuperMaverickM
      @SuperMaverickM 8 місяців тому +7

      Business Journalism is a niche space. Global media outlets do pay quite well as compared to what standard journalists make.

    • @fortlee69
      @fortlee69 8 місяців тому

      You have missed the most important point! THe extra income from investments will be far more than what the journalism income is! The extra income is possible because he has capital which was not deployed in buying a house and having capital blocked. In my opinion the return from buying a house would have been around 5% at best and the reurn from investment about 15%. That makes a difference of 10%. On Rs 2.5 Cr of capital, that works out to Rs 25 Lakhs extra per year. In 10 years that is Rs 2.5 Cr. All salary income is over and above that! Very smart tenant!

  • @RJ05079
    @RJ05079 8 місяців тому +2

    Good episode!

  • @thewhatorwhy
    @thewhatorwhy 8 місяців тому +6

    Thank you for speaking about how impersonal and DEAD the gated communities are. Only horrible people choose to live there.

    • @fwefhwe4232
      @fwefhwe4232 8 місяців тому +2

      lol salty.

    • @thewhatorwhy
      @thewhatorwhy 8 місяців тому

      @@fwefhwe4232 your mom's hoohaa is.

  • @DeepSukhwani
    @DeepSukhwani 8 місяців тому +4

    Why talk about the person right in front of you, who is talking to you directly, in third person?

  • @ag3463
    @ag3463 7 місяців тому +5

    Samar doesn't make sense! if he was looking for home to stay himself then the fact that there hasn't been any appreciation should have nothing to do!

  • @ghostwhowalks2324
    @ghostwhowalks2324 8 місяців тому +8

    This apt is worth alteast 8 crores. He is going to hate it when he has to move.

    • @Ankitjaiswal-hd7pv
      @Ankitjaiswal-hd7pv 8 місяців тому

      8 crores are nothing for him. His salary would be 2 cr per annum.

    • @BollywoodBabuOfficial
      @BollywoodBabuOfficial 8 місяців тому

      @@Ankitjaiswal-hd7pv The Deputy editor salary at Forbes is around $95k to $127k in New York, this will not be the same salary for Indian employees but even if you take the higher side $127k it comes to 1.01cr.

    • @Ankitjaiswal-hd7pv
      @Ankitjaiswal-hd7pv 8 місяців тому

      @@BollywoodBabuOfficial bro take experience into consideration. He has 14 yrs of experience which is high.

    • @rawkerboi
      @rawkerboi 8 місяців тому

      @@BollywoodBabuOfficial you are forgetting his other income from Dividends, Equity, Interest Income etc

  • @ssiddarth
    @ssiddarth 8 місяців тому +1

    Great one 👌

  • @xploit811
    @xploit811 8 місяців тому +13

    Love when people call it Bombay, so decent and nostalgic.

    • @rushiraul4084
      @rushiraul4084 3 місяці тому +2

      What is so 'indecent' about 'Mumbai'?

    • @vaishali1564
      @vaishali1564 3 місяці тому +3

      Exactly
      British era has gone..mumbai.sounds so good
      Let's not forget our roots

  • @ShoeDesign-r1l
    @ShoeDesign-r1l 8 місяців тому +7

    Y we offended if someone say Mumbai or Bombay , it's what one likes to say... U can't force people to say what u like.... Btw Mumbai or Bombay both sound good.. Lets call it Mombay, mother or financial freedom😅

  • @Vi-xs9ht
    @Vi-xs9ht 8 місяців тому +4

    Smart move, by putting his money where he makes it work for him. The way he is going he might end up buying the whole building a few years later.

  • @Venkat.devisetti
    @Venkat.devisetti 8 місяців тому +2

    Buying a house for making rental income ==> is not a good idea
    Buying a house for self usage purpose If we have clear plan where we are going to settle ==> is a good idea
    Buying a house at the launch state and sell it when the position happens ==> is also good idea as long as builder is good and if we are not buying over priced

  • @colleencarvalho4970
    @colleencarvalho4970 8 місяців тому +10

    Such a fool, rent is a waste, buying is the best

  • @arvindkhungar3056
    @arvindkhungar3056 8 місяців тому +2

    smart kid ....

  • @karanvirmehra914
    @karanvirmehra914 8 місяців тому +7

    house did not had TV

    • @nesarag9546
      @nesarag9546 26 днів тому

      That’s very good decision. Don’t keep TV at home

  • @amansinha24x7
    @amansinha24x7 6 місяців тому +7

    Didn't expect a Srivastava to make such immature decisions 😂

  • @shimmeringswan1
    @shimmeringswan1 8 місяців тому +13

    Bombay >>>>Mumbai. The moment it was officially Mumbai, it started going shit.

    • @sameerbhalerao431
      @sameerbhalerao431 8 місяців тому +2

      😂😂😂 keep crying

    • @shimmeringswan1
      @shimmeringswan1 8 місяців тому +2

      @@sameerbhalerao431 I dnt have to. I still live there for a month every year. People from outskirts from satara sangli and whatnot, with last names like bhalerao etc can try creeping in.

    • @sameerbhalerao431
      @sameerbhalerao431 8 місяців тому +2

      You sound like the same people who won't let non vegetarian don't buy house in their society, judging me on my surname😁😁 good lord I was born here and yes people from all over india are accepted in Mumbai not just satara and sangli ( they aren't second human you bigot) you are the best person to know what creepin is as you are trying that for years abroad😆😆😆

    • @shimmeringswan1
      @shimmeringswan1 8 місяців тому +2

      @@sameerbhalerao431 I didn't have to 'try' abroad. Bigots are the ones who harass minorities. Also, I have been one of those non vegetarians. So f off.

    • @utsavbhayani7456
      @utsavbhayani7456 6 місяців тому +2

      You mean to say the moment India became independent lol it started going downhill. We've been scammed when we were educated in school saying democracy is by the people, for the people and to the people. In reality it is for the corrupt, by the corrupt, to the corrupt.😂

  • @chiranjeev4804
    @chiranjeev4804 8 місяців тому +2

    Some people say dat this is a smart move.. I don't feel so. He says that he has spent almost 1.1 crore in rent in the last 12 years dat is from 2012 till now. If talk of Suburbs like Goregaon and Andheri, in 2012 2 bhk flats were between 60-70 lakhs price range. If he would have taken a home loan and bought it.. Today it's value would have been close to 2 crores. He talks about equity returns, but are they fixed? Market fluctuates. There is no guarantee. And if u are in your 40's having family and kids u need to think a bit conservatively.
    In start of the video he said in South mumbai property appreciation is not dat much which I agree. But suburbs like Andheri to Borivali is growing.. Property appreciation is at its peak! Many redevelopment projects are also coming up..
    So I personally feel he has not made a wise decision by not buying a property. Dats my opinion.

    • @shubhang722
      @shubhang722 8 місяців тому +4

      Why will he buy in Andheri if he intends to stay only in napean sea road. Does this comment even make sense. Not everyone has the time and energy to flip houses for investment. Passive investment is better for them as flipping houses requires one to have good real estate knowledge

    • @chiranjeev4804
      @chiranjeev4804 8 місяців тому

      @@shubhang722 I am talking in terms of return on Investment. He is talking about equity returns beating real estate returns. But it's only true in case of South mumbai properties and in an area where he is staying. Mumbai suburbs have given good returns on investment in last 12 years.
      Staying in South mumbai is a personal choice. I am not questioning his preference of staying on rent in South Mumbai.

    • @conradpinto
      @conradpinto 8 місяців тому +3

      You completely skipped the part where he said he wants to stay in SoBo due to daughters school. Andheri and Goregaon isn't an option for all!

    • @conradpinto
      @conradpinto 8 місяців тому +3

      Rather invest in something that he can liquidate quickly. Even new areas like Wahal and Ulwe are overpriced right now. 50 lakhs for a 1 bhk. Real estate is one of the biggest scam as an investment

    • @chiranjeev4804
      @chiranjeev4804 8 місяців тому

      @@conradpinto Agreed.. Equity markets provide liquidity. But come with high risks!your 4x Or 5x return can get wiped off instantly. It's better to diversify your portfolio and invest wisely

  • @skrmacs4815
    @skrmacs4815 8 місяців тому +9

    why does this guy continue to call Mumbai as Bombay?

    • @0124ME
      @0124ME 8 місяців тому +9

      What’s the problem in say “Bombay “

    • @aosaeanor
      @aosaeanor 8 місяців тому +10

      Very common in South Bombay. Residents there belong to mix backgrounds staying there for generations. The people & the culture there is not predominantly Marathi as is commonly seen in some of the suburbs of Mumbai esp Dadar, Thane, Navi Mumbai belt

    • @vedantgala289
      @vedantgala289 8 місяців тому +4

      bombay sounds much better than mumbai tbh

    • @thewhatorwhy
      @thewhatorwhy 8 місяців тому +1

      @@vedantgala289 Yep. Sinatra's Come Fly With Me makes it sound nice and glamorous as it once was. The skyscrapers should be scrapped for Art Deco or something interesting.

    • @shubhamsachan6419
      @shubhamsachan6419 3 місяці тому

      Tum log Mumbai aur Bombay bolne meh hi pade rah jaana vaha log itna paisa banaa rahe hai vo gyaan suno faaltu naam ko lekar discussion chalu kar dete ho 😅😅

  • @bigwealthIndia
    @bigwealthIndia 8 місяців тому +5

    Samar is a big fool

    • @fortlee69
      @fortlee69 8 місяців тому +3

      Financial analysis will indicate that you are the bigger fool! But why get into an agrument about that!

  • @LuckyMaverickK
    @LuckyMaverickK 8 місяців тому +3

    Do they get sham calling the city by it's true name ? Or can't even the interviewer encourage to do so ?

    • @aosaeanor
      @aosaeanor 8 місяців тому +10

      No big deal using Bombay or Mumbai alternatively . Centuries of history is attached to the name Bombay. This area was never in its history Mumbai. This big city was created joining islands & reclaiming land from the sea. This was done by the Colonial rulers , not the small scattered hamlets of fishing communities that existed here before the colonial rule

    • @0124ME
      @0124ME 8 місяців тому +6

      What’s the problem in saying “Bombay “ it’s his choice

    • @NoName-bb2pu
      @NoName-bb2pu 8 місяців тому +2

      ​@@aosaeanorhe has a Shivaji manhoosraj and Raj Chaatrey photos for worship at his home, forgive him

    • @nikhilka8015
      @nikhilka8015 8 місяців тому

      @@NoName-bb2pu yeah u ahsamed of ur name and identity , u r ashamed of ur community as well 😂😂😂

    • @nikhilka8015
      @nikhilka8015 8 місяців тому

      @@0124ME Mumbai is named after centuries old temple Mumba devi temple , get it ?!

  • @thewhatorwhy
    @thewhatorwhy 8 місяців тому +10

    Bombay was built by the British, and developed by progressive Bombay residents not the backward sanghi shiv sena.
    Bombay is its proper name.

    • @nikhilka8015
      @nikhilka8015 8 місяців тому +7

      Nana Murkute, Bhau Daji Lad then Phalake- father of Film industry etc etc and many more were Maharashtrians who built this! Mumbadevi centuries old temple on whcih Mumbai is derived from...u come from a community which u r asahmed of! let me know ur community and tell its backwardness

    • @akashdeshmukh116
      @akashdeshmukh116 3 місяці тому

      @@nikhilka8015 first write your proper name then talk about others...😏😏

  • @SingaporeBuilds
    @SingaporeBuilds 8 місяців тому +6

    Move out , if u dont want to be in veg area. Dont crib.

    • @anubhabhat2128
      @anubhabhat2128 2 місяці тому +1

      I thought the same. When his building does not have problems, why does he have an issue with neighbouring buildings being veg-only? That was certainly an odd crib.

  • @sangamp6292
    @sangamp6292 8 місяців тому +7

    He still doesnt know about City. Its Mumbai not Bombay

    • @NoName-bb2pu
      @NoName-bb2pu 8 місяців тому +13

      Found the manhoos marathi extremist

    • @RRBhat511
      @RRBhat511 8 місяців тому +4

      Born in Bombay and will still call it by its original name... nothing changes with changing names so cry harder!

    • @fortlee69
      @fortlee69 8 місяців тому +1

      Clearly he is from outside Mumbai and therefore will take some time for him and many others to change age old nomenclature. Mumbai has a big heart to welcome all and not be so bothered about names. Yes, we love the new name Mumbai, as it reflects a more local and democratic preference. But that does not mean we hate others who may take time to understand what the new name means to the local population. In time all will shift to the new name. Shant rakho Sangambhau!

    • @sangamp6292
      @sangamp6292 8 місяців тому +1

      @@RRBhat511 it seems you are happy with colonial mindset.

    • @RRBhat511
      @RRBhat511 8 місяців тому

      @@sangamp6292 Its something called emotions my friend... which you clearly wont understand, so i rest my case :) good day!

  • @outbackandabout
    @outbackandabout 8 місяців тому +11

    Irritating guy... such kids often get beaten at school.

    • @thewhatorwhy
      @thewhatorwhy 8 місяців тому +6

      Not surprised to see this complaint about an intelligent and well read man from an average Australian.

    • @zacsmithful
      @zacsmithful 8 місяців тому +2

      ​@@thewhatorwhy he is not an Australian and he finds everyone irritating

    • @thewhatorwhy
      @thewhatorwhy 8 місяців тому

      @@zacsmithful How do you know?

    • @zacsmithful
      @zacsmithful 8 місяців тому +5

      @@thewhatorwhy i checked out his recent comments and every comment says irritating guy😁 and the way he writes is very indian 😁

    • @outbackandabout
      @outbackandabout 8 місяців тому

      @zacsmithful you're right on both accounts Sir/Madam. I'm an Indian and I find everything irritating including but not limited to you. But for what it's worth.. at least 4 people seem to agree with my original comment.

  • @chiranjeev4804
    @chiranjeev4804 8 місяців тому +3

    One more funny part, he says i got 4x 5x return but is it a guaranteed return, when it comes to equity. During corona we have all seen markets go down. Any bad news, any political hapenning.. Your equity return gets wiped off! Your 4x return will come back to 2x or even less. He says I was not comfortable paying 2 lakhs worth of EMI per month but pays 1.7 lakhs worth of rent every month!
    Such kind of maths by a finance writer. Hillarious!

    • @shubhang722
      @shubhang722 8 місяців тому +9

      He said emi of 2 lakhs in 2010. The emi will be double of what it was then. Plus this guy seems to like a minimalist life, I'm sure his kids will settle abroad and him and his wife will settle down in a luxurious retirement home. People who live this kind of lifestyle don't need to buy a house especially if they intend to live in the costliest parts of the country for their professional career or until their children leave for college

    • @chiranjeev4804
      @chiranjeev4804 8 місяців тому +1

      @@shubhang722 EMI doesn't double. It remains the same. A 2 lakhs EMI in 2010 would remain 2 lakhs only in 2024.property price would have risen! But if he would have bought it, he would have been the owner. Not paying 1.7 lakh rent.!

    • @musicbyarnav
      @musicbyarnav 8 місяців тому +2

      @@chiranjeev4804 yo, if he paid 2 lakh rs for emi he would have gotten way worse house in a far suburb , rather paying 2 lakh rs rent gets you a house in malabar hill so thats best and ofc SIP returns get balanced (dip in corona and boom after corona)..... ig you dont stay in mumbai.

    • @chiranjeev4804
      @chiranjeev4804 8 місяців тому

      @@musicbyarnav I stay in Mumbai only. U have celebs and HNI staying in Suburbs. I don't agree dat he would have got a bad home if he would have invested in projects of reputed builder. What SIP return u are talking of... Is it fixed dats my question? Mumbai suburbs have given 10-12% return annually when it comes to real estate return. I am talking of Andheri to Borivali. Not thane of dombivali Or virar. The metro line (red and yellow lines) have come up.. Rents have increased significantly and so are property prices. Andheri mein the rent for 2 bhk which was 35k - 40k may be in 2019 is close to 55-60k now

    • @RamMohammadJosephKaur
      @RamMohammadJosephKaur 8 місяців тому

      @@chiranjeev4804 suburbs and south bombay is miles apart

  • @Happysoul_3
    @Happysoul_3 8 місяців тому +2

    Why such titles on Money control creating an illusion that if you are slurging money on rent then you are getting a good ROI of your miney 😂😂

  • @birajpradhan6405
    @birajpradhan6405 8 місяців тому +1

    LETS GO TO CANADA BOYS .