Great video sir i am residents of palava.. U r each and every sentence is 100% true.. In palava 2 people r selling in 35 lac.. Which they have purchased in 50 lac
You absolutely nailed it. one also must consider the property tax that needs to be paid + Mutation cost + percentage to be paid to broker who will bring tenants + minimum maintenance costs apart from society charges. One must not forget about the tax on the sell of property, if applicable. Afterwards calculation is easy - whether one will be in profit?
If you buy 1 crore flat in 2023 and you want to sell in after 15 years 2039 . Then reselling is very difficult nobody will purchase 15 years old property by paying 2 crore. Everyone will find new flat instead of buying old property
Depends on the location and your society. For example, if you buy even a second hand flat anywhere from Cyber City to Golf Course road which is 10-15 years old already, and then sell it after using it for let's say 5 years, it will go for a very good amount and sell-out promptly. Similarly, let's talk about rent. If you bought a flat for let's say 60L in Bangalore, approx. 4-5 years ago. Today the property is easily worth 1.2-1.5 depending on size, society, location etc. The rent while much lower earlier would be easily in range of 45-55K per month again depending on various factor. Things are never black & white unlike this video. It is very very subjective, so better evaluate your conditions and factors before making any BIG financial decision instead of blindly following anyone, anyone on the internet.
no. its just not about flat. that opd flat will be better located and it will have its own value to better location compared to new flat developed far away
An asset is something that puts money in one's pocket. Buying a house can be for multiple reasons but not investment - Commercial real estate and investment is a ball game that includes area, commercial potential and social fabric of that city. Most investors get 10 to 20 units / flats in one project for investment. Getting a single unit / flat / site for self use is not investment
so the thing is buy a flat only if you will stay in it and know that it will depreciate in future and it will be loss for you. just be satisfied that you enjoyed the flat by bearing some losses instead of renting it out where you didn't enjoy anything. Please correct me if my understanding is wrong
Only for own living people should buy a flat. Rental yield in India is 2 - 3%. Transaction cost in buying a flat is 8 - 10%. Better to invest in Bank FD, Post office or Mutual Funds for long term growth. Investment in flat, plot is illiquid assett. Selling a flat is difficult and can take even 6 months to 1 year.
Buying a land is an investment...no maintenance cost no electricity expenses etc...or minimum electricity...one can make money provided the location is good..one has to wait for minimum 5/ 7 years
For a middle class man he can afford flat only not independent house especially in big cities of india. Yes ready made flat can be chosen bcoz everyone cant efford independent home.
Land appreciate much better than flat I got 2 properties in Pune hardly appreciated more than FD. in Tier 3 city like Bhopal Jabalpur my land properties appreciated 2-3x in last 10 yrs, flats hardly 20-30% but v hard to sell
I agree with you....Instead of buying a new flat I am staying on rent....This gives me full freedom to shift to any other location without any worry...No bindings...Any time migrate to other city...if no good society, vacate & shift...At the most I will prefer to buy a resale flat, without broker at a very good price, where i have stayed on rent & its good from every aspect...
Where should one consider investing? I am asking because I have heard that purchasing a plot in a society with a reputable builder may not be a good idea as maintenance fees are required even if you do not live there. It is only beneficial if you plan to sell it later or reside in the property. Regarding commercial properties, if foot traffic is low in the area, it is unlikely that the shop will be rented out and may remain vacant for a few months. In light of this video's advice against purchasing under-construction properties, what other options are available for investment? Stocks, mutual funds, and gold are the only remaining options to consider. What do you suggest ?
In Hyderabad realtors are creating artificial hype and increased sft cost to 6000 and 8000 in far away areas. People are blindly purchasing paying crores for flats.
It depends mostly on the city where you buy the flat , prices appreciate at tier 1/2 cities more than the other . I got 2 flats now , i know i'm burning my salary for this but knowingly have created a rental income post retirement . To his , his own though . Knowledgeable video sir , keep going :)
True! Pune also same situation, without assurances of water supply in Wakad PCMC , Hinjewadi builder are selling flats in 1 Cr ++ and later flat buyer ended up spending lakhs of Rs on water tanker so paying 5k+ monthly maintenance!
Sir, i brought 2bhk resale flat in standalone building from owner directly, i got keys on same day, I can afford that only, now people saying this is bad flat 😔 but when I remember days when I was sleeping on railway station 😊 i proud myself and i saved alot of money 💰
@@itsswatisaini Now Metro station is coming here within just 1 Km from my old flat, and now all other who said my flat is bad those people are Amazed 😅
my father bought a flat 1BHK in Pune Fatima Nagar for 7 lakh in 2007, today in 2024 the cost is 40 lakh for the same flat and people are still buying this. growth - The gain from the 1 BHK flat over the period from 2007 to 2025 is ₹33,00,000. The approximate annual growth rate (or interest) is 10.17%. the rent of flat from 2007 to 2025 have increased from 11000 to 16000 Over the period from 2007 to 2025, assuming an average annual rent increase of approximately 2.65%, the total amount spent on rent would be around ₹27,21,582
Bhai ye channel wo logo ke ego ko satisfy karne ke liye hain jo property nahi le pate due to lack of purchasing power and they satisfy themselves by listening to Rao ji.
Very good analysis...What is your outcome? I can see that paying 27L rent makes more financial sense, plus you get tax benefit on the rent paid. Your father entered the market at the right time because those who bought after 2010 are still stuck in the 'investment' ' and exiting at a loss. Those who are sitting on notional gains will know when they put it on the block for sale
@@dragonmania2007 to be honest if you are not in hurry or not so important to buy flats .... In suburbs... Dont invest in Vasai virar region.... Totally disaster it is nowadays.... Tbh...vasai no Town planning like pune or navi Mumbai , no water no drainage .... List is huge...
Sir me student hu, Apke vids dekh ke bohot hei gyaan prapth hota hai just 1 request can you make a real estate course jisme purah scratch se samjaya jayeh apke dwaraa abt properties & investment etc for customers toh bohot hei helpfull rhega ye sab! apph pdf banake bhi sabkuch scratch se ekdam in detailed me explain bhi kr skthe hoh iseh jo beginners hai mere jese unko bhi bohot helpful rhega. Language English & Hindi mix.
Nai bhai ppf, elss me 80c k under 1.5 lakhs ka tax benefit milta hai.. But home loan interest pe additional 2 lakhs ka tax benefit milta under section 24b. Isilye jyada salary hone pe home loan lete h log..
Each Family has their Financial Legacy, They can Manage to Invest in Property/Land without Loan/ Mental Trauma but those do not have Please stop following Others and Invest wisely for Next generation without getting Crushed under debt.
I saw your 3 different videos . where you said no to plot, no to villa, no to independent house and now no to flat. read caption only though for 2 of them. I don't know what to buy now...
If u want to live with family for long period of time and u get flat at reasonable price buy fiat...but considering financial loss in mind...own home either flat or anything gives peace of mind... after all why we earn money?what to do with money.. besides food..
Palava mein buildings took 10 lakhs for some crack and repair work. Plus, the maintenance is quite high. (3500 for 2 Bhk) So, people who brought 2 bhk, 10 years ago for 60 lakhs. Have paid interest on the loan they took. + they paid repair chargea + they paid 35 lakhs in maintenance (10 years) They are selling it for 52-54 lakhs, but still there are no buyers.
Be careful before buying any residential or commercial property in Ulwe. When we visit Brokers / Builders office as a buyer, they are showing the positive side of investing in Ukwe to sell their products at higher price. When we visit them as a seller, they are showing the negative side of Ulwe to sell the property at lower price. Brokers are not satisfied with their 2% commission in Ulwe, they want their commission much much more than what Investors are gaining. They do not care for investors are gaining or losing. I am very much concerned about the investors / consumers who have purchased the property on loan. They are the victim and getting exploited in this real estate market.
There is a flat at greater Noida which i know someone bought a 4 bhk flat for 1.05 CR abt 3 yrs back is now selling for 1.55 cr and that too isnt available in resale ,as demand has risen, he earned a cool abt Rs.10 lacs in rentals over the period of 3 yrs also , I guess this isn't a bad deal 🤝🤝💯
I agree with your point sir but How to get out of the home loan now I have purchased the XRBIA property & now I want to close the loan. but the builder is not giving possession and even he gives the possession were to sell this flat? buyer is not available
Agar aap "Opportunity Cost" ki baat karein to aapka point shayad theek ho bhi sakta hai! Par agar aap koi bhi Ten Year Period lenge to property kisi bhi area mein down nahi hoti hai! Agar aap 10saal rahoge bhi aur same price pe bhechoge jispe aapne khareeda hai tab bhi to maan ke chal sakte ho ki aap 10 saal rent free rahe. Shares are great investment if done wisely but you can't compare tangible and intangible properties as you have done in your video. Interesting take nevertheless!
Flat/land investment always to areas where city is shifting. For example ULWE when sewri MHTL bridge work started. Risk with FD is bank do not support / insured more than 5 lac amount - No tax benefits- No indexation benefits- we might get 7% interest before tax today - not guaranteed after 3 years get same once you go for renewal.look at interest rate before 6 months. Real estate investment is must for diversification. Definitely need to make good study before buy. Doesn’t matter what sales person says - stick to your study and decision. Investor don’t make decisions based on others Marketing ideas.
I disagree sir, 1- my first investment in 2006 , brought land of 150k + constructed 3 stoor building of total 2400 sq ft ( in Chinchwad, pune), today i m using ground floor for my personal use & getting 25K rent for above two floors 2 - I brought 3 bhk penthouse in Chinchwad, pune for 2500k in 2008, today i m getting rent of 23k from it, What we need to see is look for good opportunity, & grab best among them......
Property rates 80 -90's to 2005 tak almost stagnant tha.....uske baad boom aya.... People who bought property between 2003 to 08 made quick and good money. If today u buy property and rent it u will get less than 1% in rent per year.
It's depends on when, where at what price you purchase home Currently we stay in flat which is purchased in 2004 at 3.3 lakhs and current cost is more than 30 lakhs. I can say it's gave us more than 9x return. Even share market will not give that much return. This home is purchased with own money but even if purchased using bank loan might be had paid 7-8 lakh to bank including interest and still 22 lakhs profit. So again it's completely depends on when, where and what price you have purchased Location of Palava City is not good. If you are staying in Mumbai accessibility to railway station is important.
@@SubhadeepGayen No it's not 12% It's 10 times in 18 years + we saved rent of lakhs. This factors don't get consider while calculating profit by major UA-camr but they add it in loss while not buy recommendations. 12% give max 3-4x and not 10x
Herd mentality is prevalent everywhere. Most ppl base their decision or rather just follow what others do. Rental yields for residential property are just pathetic.
Ye baat gurgaon ke builder ko pta lag gyi . 😂😂😂😂 phir kulta tha rent hi 80000 ker diya ab na flat bechna padta h builders ko aur na buyer ki tension badhiya rent aa rha h
No don't purchase whether the location may be prime but flats will be outdated Their tiles , sanitary fittings , carpet area will not be good and luxurious as it is of 2002 Also windows will be also small as compared to newly constructed apartments , interior may not upto the mark Their will more chances of problems related to leakages , wall cracks So it's confirm you will have to pay a lot means renovation cost JUST LOOK FOR A NEWLY CONSTRUCTED PROPERTY
Flat lena kabhi kabhi majboori bhi hoti hai agar kisi himalyan region me jameen lena hai toh milega hi nhi sirf locals hi wahan ke buy kar sakte hain banglow me bhi wahi problem aur ooper se price 8-10 times magar flat me dono faida hai 15-20 saal tab aap us flat ko farm house ki tarah use kar sakte ho aur 20,25 saal baad agar bechne ka mann kiya toh bech bhi sakte hain magar jaisa inhone btaya ki usme loss hi hoga par phir bhi 25 saal wahan raga bhi toh khud toh agar 5 -10 % loss me bhi bik jaye toh bhi jyada problem nhi
100% agree, in gurgaon builder lobby has created a huge FOMO, flats are not getting resales at all
Indian call center scammers will buy them
Very true. Same in Pune and Pimpri Chinchwad.
@@dhananjayrudrawar7144 Buying a flat is good or plot???
@vishal I am trying to find a flat in resale in gurgaon in few of the socities which are not new still I am.not able to buy with in my budget.
@@yuktasingh986 try in new Gurgaon.
Great video sir i am residents of palava.. U r each and every sentence is 100% true.. In palava 2 people r selling in 35 lac.. Which they have purchased in 50 lac
Palava is a bloody joke I too have purchased in Lakeshore greens and belive me nothing has been a bigger regret
What is the main issue of Palava?
Oh God seriously? 😮
@@roopa8683 baapre
Mostly NRI s have bought without knowing the ground reality
You absolutely nailed it. one also must consider the property tax that needs to be paid + Mutation cost + percentage to be paid to broker who will bring tenants + minimum maintenance costs apart from society charges. One must not forget about the tax on the sell of property, if applicable. Afterwards calculation is easy - whether one will be in profit?
Sir, Aapko aur apke pariwar ko Bhagwan Srikrishna hamesha khush rakhe ye prarthana.....Aap bahut accha kam kar rahe ho...
First time I am watching a person who is very blunt and clear on thoughts.. thankyou sir
Great video sir.. please keep on making videos regarding investment in real estate so that we can be aware of the real life scenarios..
If you buy 1 crore flat in 2023 and you want to sell in after 15 years 2039 . Then reselling is very difficult nobody will purchase 15 years old property by paying 2 crore. Everyone will find new flat instead of buying old property
True
Even if you do find someone who is ready to buy, 2cr is a distress sale in 2039. Inflation will eat up the appreciation.
Depends on the location and your society. For example, if you buy even a second hand flat anywhere from Cyber City to Golf Course road which is 10-15 years old already, and then sell it after using it for let's say 5 years, it will go for a very good amount and sell-out promptly.
Similarly, let's talk about rent. If you bought a flat for let's say 60L in Bangalore, approx. 4-5 years ago. Today the property is easily worth 1.2-1.5 depending on size, society, location etc. The rent while much lower earlier would be easily in range of 45-55K per month again depending on various factor.
Things are never black & white unlike this video. It is very very subjective, so better evaluate your conditions and factors before making any BIG financial decision instead of blindly following anyone, anyone on the internet.
no. its just not about flat. that opd flat will be better located and it will have its own value to better location compared to new flat developed far away
So where invest safe@@mansukhdeep
AMAZINGLY TRUE : BUYING FLAT IS = LOOSING YOUR MONEY = FORGET THAT TOTAL MONEY.
Bro agree 👍👍
Paying rent also loosing money
thays why i living on top of tree
@@two8915😂
I think just like you. I bought a small plot by avoiding already inflated plots 4 years ago. And boy how true that was.
Kya wonderful video hai....
Ye video every investor ko dikhana chaiye... what insights... priceless !!!!!!
100% mere dil mein jo baat hai woh aaj aapne clear ki hai. Sir, you are Awesome.
An asset is something that puts money in one's pocket. Buying a house can be for multiple reasons but not investment - Commercial real estate and investment is a ball game that includes area, commercial potential and social fabric of that city. Most investors get 10 to 20 units / flats in one project for investment. Getting a single unit / flat / site for self use is not investment
Buying 1 flat can be considered a small investment.
Accurate information.you are doing great work by spreading awareness
so the thing is buy a flat only if you will stay in it and know that it will depreciate in future and it will be loss for you.
just be satisfied that you enjoyed the flat by bearing some losses instead of renting it out where you didn't enjoy anything.
Please correct me if my understanding is wrong
Only for own living people should buy a flat.
Rental yield in India is 2 - 3%. Transaction cost in buying a flat is 8 - 10%.
Better to invest in Bank FD, Post office or Mutual Funds for long term growth.
Investment in flat, plot is illiquid assett. Selling a flat is difficult and can take even 6 months to 1 year.
100 percent
This man is exact opposite of Amit Sangwan
Amit sangwan real estate broker ha 🤣😂
Sango life sutras ka business hai. Dalal hai wo. Wo toh bolega hi.
Yes true, poles apart
But sango bhi pura convince kr deta hai apni video me ...i believe there is no right and no wrong .the truth lies somewhere in between
@@Rahul.upadhyaay sango broker hai, wo toh favor me hi bolega
Buying a land is an investment...no maintenance cost no electricity expenses etc...or minimum electricity...one can make money provided the location is good..one has to wait for minimum 5/ 7 years
Better your land not to be grabbed by local goons or politicians which is common in India
Again a great video ,explained in very clear and simple language.
Superb!!!
Keep up the revolutionary enlightening work sir 👍🏼🙏🏼😇
For a middle class man he can afford flat only not independent house especially in big cities of india. Yes ready made flat can be chosen bcoz everyone cant efford independent home.
And sad truth is that in resale market of flat.. nobody gives the price u pay of your hard earned money
Land appreciate much better than flat
I got 2 properties in Pune hardly appreciated more than FD.
in Tier 3 city like Bhopal Jabalpur my land properties appreciated 2-3x in last 10 yrs, flats hardly 20-30% but v hard to sell
Pune mai toh kafi rare jada ho gaye
I have always held Equity & Gold to some extent as an investment, but I find most of people regard real estate as the best possible investment.
Diversification is MUST...Stocks can one day give up all gains made in a decade so its not the gold standard of investment.
@@Enigma0071 clown
@@sagarkapasi099 stop growing Cotton Kapasi....grow some brain!
@@Enigma0071 Not really. Everything follows equity
@@xyz-vv5tg u have no idea what you are talking about! Equity and Gold always moves in opposite direction. Check the historical charts...
I agree with you....Instead of buying a new flat I am staying on rent....This gives me full freedom to shift to any other location without any worry...No bindings...Any time migrate to other city...if no good society, vacate & shift...At the most I will prefer to buy a resale flat, without broker at a very good price, where i have stayed on rent & its good from every aspect...
@@Zebra663nd banks and loan giving agents and government by giving registration fees .
Hey me too.. I have a transferrable job and I can't afford high EMIs.. living on rent and gonna focus on kids' education and travelling once a year
Where should one consider investing? I am asking because I have heard that purchasing a plot in a society with a reputable builder may not be a good idea as maintenance fees are required even if you do not live there. It is only beneficial if you plan to sell it later or reside in the property. Regarding commercial properties, if foot traffic is low in the area, it is unlikely that the shop will be rented out and may remain vacant for a few months. In light of this video's advice against purchasing under-construction properties, what other options are available for investment? Stocks, mutual funds, and gold are the only remaining options to consider. What do you suggest ?
You are absolutely right Sir! Clarity of thought is zero
In Hyderabad realtors are creating artificial hype and increased sft cost to 6000 and 8000 in far away areas. People are blindly purchasing paying crores for flats.
अंकल जी ने अपना पूरा अनुभव प्रस्तुत कर दिया है आपको बहुत बहुत धन्यवाद।
It depends mostly on the city where you buy the flat , prices appreciate at tier 1/2 cities more than the other . I got 2 flats now , i know i'm burning my salary for this but knowingly have created a rental income post retirement . To his , his own though . Knowledgeable video sir , keep going :)
Wait until 15 to 20 years,It will give you great Return.people don't know.about this.
What is your age sir???
wow it's wonderful, can you please tell me what is your profession?? And each flat price
I am almost 30 i have only one flat and some savings in fd
@@logan4441 working in IT , one is joint with my wife it costed me 85 lakhs, the other 30 lakhs, Got some good deals on resale flats
Have you considered depreciation cost too ?
True! Pune also same situation, without assurances of water supply in Wakad PCMC , Hinjewadi builder are selling flats in 1 Cr ++ and later flat buyer ended up spending lakhs of Rs on water tanker so paying 5k+ monthly maintenance!
Depends; if you get a good deal definitely investment in flat / land is good investment
No flat. Land is a good idea
Investing in a flat is a big mistake. You should buy a flat only if you want to stay there. Else it is simply draining your hard earned money!
Im middle class doing job from last 15 yrs and still now its difficult to buy a flat. Middle class is always crushed by paying high tax, and others.
True.. its 10x more difficult now then it was in 80s-2000s
Lucky are those people whose parents/family have bought properties in their time.
Sir, i brought 2bhk resale flat in standalone building from owner directly, i got keys on same day, I can afford that only, now people saying this is bad flat 😔 but when I remember days when I was sleeping on railway station 😊 i proud myself and i saved alot of money 💰
Good for you brother
@@itsswatisaini Now Metro station is coming here within just 1 Km from my old flat, and now all other who said my flat is bad those people are Amazed 😅
@@CodeKumar At what location?
@@_Infocars in pune
Sir you are doing a great job thank u sir for your eye opening session
Sir absolutely right mere sath yahi howa from Kuwait investment kiya lko up me flat lene ke baad maintenance charge every month alg se de raha hoo😅
my father bought a flat 1BHK in Pune Fatima Nagar for 7 lakh in 2007, today in 2024 the cost is 40 lakh for the same flat and people are still buying this.
growth -
The gain from the 1 BHK flat over the period from 2007 to 2025 is ₹33,00,000. The approximate annual growth rate (or interest) is 10.17%.
the rent of flat from 2007 to 2025 have increased from 11000 to 16000
Over the period from 2007 to 2025, assuming an average annual rent increase of approximately 2.65%, the total amount spent on rent would be around ₹27,21,582
Bhai ye channel wo logo ke ego ko satisfy karne ke liye hain jo property nahi le pate due to lack of purchasing power and they satisfy themselves by listening to Rao ji.
Very good analysis...What is your outcome? I can see that paying 27L rent makes more financial sense, plus you get tax benefit on the rent paid. Your father entered the market at the right time because those who bought after 2010 are still stuck in the 'investment' ' and exiting at a loss. Those who are sitting on notional gains will know when they put it on the block for sale
Good and informative video. Thanks for sharing your thoughts.
We can comfortably watch at 1.5x speed and still not miss any info
very informative post... for all.
sir can u advice for commercial property for best returns..!!
Sir, MHADA is now a days launching many PPP model flats like Suraksha Smart City, what is your take on that?
Cant trust anyone.
Vasai na..? Dont invest.... No water.... Same mhada colony is in Virar... No water...Go read reviews on google...
@@dhirajpatil4022 yes
@@dragonmania2007 to be honest if you are not in hurry or not so important to buy flats .... In suburbs... Dont invest in Vasai virar region.... Totally disaster it is nowadays.... Tbh...vasai no Town planning like pune or navi Mumbai , no water no drainage .... List is huge...
👍 good view points..Thank you.
Where do you invest money sir , stock market , mutual fund , gold or land ?
Mutual funds... since u asked mean u don't know abc of investing..
Land..
Plz google price of gold past 20 years and see hike
Real estate is just like Second hand Car 🚘 both share same story and understanding.
Sir salute you save me in investing property good suggestion each and every point
I sold palava flat in loss.inventory is huge.no buyer
I am still suffering from this mistake that I have done 4 years back when I was at a begging of my career
Sirji great 👍👍👍👍 video
If you will not live in flat then Don't buy flat.
Sir want ur help wanted to k ow what is best option to invest in
Sir me student hu, Apke vids dekh ke bohot hei gyaan prapth hota hai just 1 request can you make a real estate course jisme purah scratch se samjaya jayeh apke dwaraa abt properties & investment etc for customers toh bohot hei helpfull rhega ye sab! apph pdf banake bhi sabkuch scratch se ekdam in detailed me explain bhi kr skthe hoh iseh jo beginners hai mere jese unko bhi bohot helpful rhega. Language English & Hindi mix.
Absolutely correct. Thanks v much.
krishnaraj rao ji aapka gyaan eye opening hai.bahot hi badiya video hai sabhi ke liye ,such minute details u r keeping infront of every viewer.
Thanks for awakening our mind Sir
Agar ghar na le to Sir jo yearly tax saving bracket milta hai 2 lakhs ka..wo tax hum kaise save kre?
Invest in elss
Ppf mein daal do
Nai bhai ppf, elss me 80c k under 1.5 lakhs ka tax benefit milta hai..
But home loan interest pe additional 2 lakhs ka tax benefit milta under section 24b.
Isilye jyada salary hone pe home loan lete h log..
Mummy papa ke naam me aage house h to uske account me rent transfer Karo.
You can pay rent to your parents and save tax
@@poojantarkas 2 lac interest pe milta hai utne ke liye min 2 cr ka property lena padega
Lovely
Eye opener video, thanks sir
Sir! In Delhi a pale antique DDA LIG raw flat is demanding whooping 70 lacs! Better to live on rent instead near the workplace
Right suggetion sir thank tou
Nice information
Absolutely right sir.
Thank you so much 🙏
Each Family has their Financial Legacy, They can Manage to Invest in Property/Land without Loan/ Mental Trauma but those do not have Please stop following Others and Invest wisely for Next generation without getting Crushed under debt.
I saw your 3 different videos . where you said no to plot, no to villa, no to independent house and now no to flat. read caption only though for 2 of them. I don't know what to buy now...
😂😂 use u r own gut feeling
😅
If u want to live with family for long period of time and u get flat at reasonable price buy fiat...but considering financial loss in mind...own home either flat or anything gives peace of mind... after all why we earn money?what to do with money.. besides food..
Very good sir.
Thank you
Palava mein buildings took 10 lakhs for some crack and repair work.
Plus, the maintenance is quite high. (3500 for 2 Bhk)
So, people who brought 2 bhk, 10 years ago for 60 lakhs.
Have paid interest on the loan they took. + they paid repair chargea + they paid 35 lakhs in maintenance (10 years)
They are selling it for 52-54 lakhs, but still there are no buyers.
35 lakhs Maintainance? I mean 3500*12*10 comes to 4,20,000. What's the catch i m missing?
Your every word is 100 percent true..
Be careful before buying any residential or commercial property in Ulwe. When we visit Brokers / Builders office as a buyer, they are showing the positive side of investing in Ukwe to sell their products at higher price. When we visit them as a seller, they are showing the negative side of Ulwe to sell the property at lower price. Brokers are not satisfied with their 2% commission in Ulwe, they want their commission much much more than what Investors are gaining. They do not care for investors are gaining or losing. I am very much concerned about the investors / consumers who have purchased the property on loan. They are the victim and getting exploited in this real estate market.
Extremely helpful video Sir
Sir, Is Godrej properties park retreat , Bangalore is a good option to buy as it's a under construction property.
Buy shop instead of flats
Then where to invest money? What happens after 40 years age of flat in redevelopment?
In land or plot in small town
Flat nhi to kya le sir ?
There is a flat at greater Noida which i know someone bought a 4 bhk flat for 1.05 CR abt 3 yrs back is now selling for 1.55 cr and that too isnt available in resale ,as demand has risen, he earned a cool abt Rs.10 lacs in rentals over the period of 3 yrs also , I guess this isn't a bad deal 🤝🤝💯
If I go for buying house to stay for myself will that make sense?
I agree with your point sir but How to get out of the home loan now
I have purchased the XRBIA property & now I want to close the loan. but the builder is not giving possession and even he gives the possession were to sell this flat? buyer is not available
Please advise for buying a N A plot with a cottage on it.
Really eye opener sir 🙏🙏
Agar aap "Opportunity Cost" ki baat karein to aapka point shayad theek ho bhi sakta hai! Par agar aap koi bhi Ten Year Period lenge to property kisi bhi area mein down nahi hoti hai! Agar aap 10saal rahoge bhi aur same price pe bhechoge jispe aapne khareeda hai tab bhi to maan ke chal sakte ho ki aap 10 saal rent free rahe.
Shares are great investment if done wisely but you can't compare tangible and intangible properties as you have done in your video.
Interesting take nevertheless!
Good point
Sir, Maine Mera old property becha hai, toh mujhe ab property hi Lena chahiye kya? Ya, main aur dusri jagah invest kar sakti hu?
all videos are too good
Flat/land investment always to areas where city is shifting. For example ULWE when sewri MHTL bridge work started. Risk with FD is bank do not support / insured more than 5 lac amount - No tax benefits- No indexation benefits- we might get 7% interest before tax today - not guaranteed after 3 years get same once you go for renewal.look at interest rate before 6 months. Real estate investment is must for diversification. Definitely need to make good study before buy. Doesn’t matter what sales person says - stick to your study and decision. Investor don’t make decisions based on others Marketing ideas.
I disagree sir,
1- my first investment in 2006 , brought land of 150k + constructed 3 stoor building of total 2400 sq ft ( in Chinchwad, pune), today i m using ground floor for my personal use & getting 25K rent for above two floors
2 - I brought 3 bhk penthouse in Chinchwad, pune for 2500k in 2008, today i m getting rent of 23k from it,
What we need to see is look for good opportunity, & grab best among them......
Property rates 80 -90's to 2005 tak almost stagnant tha.....uske baad boom aya....
People who bought property between 2003 to 08 made quick and good money.
If today u buy property and rent it u will get less than 1% in rent per year.
Dada you are knowledgeable in the area. This video is for PPL who are not that into real estate. Plus real estate in Pune is not as messy as in Mumbai
@@braveindian2628 ekdom sehi baat
If you have money and want to compound your money then invest in crypto and equity
First point is not valid here. Buying a land is the best investment always. Buying a flat may or may not be a good choice.
You have invested before 2010 which was indeed golden period for investing in real estate... The numbers do not fit in today...
It's depends on when, where at what price you purchase home
Currently we stay in flat which is purchased in 2004 at 3.3 lakhs and current cost is more than 30 lakhs.
I can say it's gave us more than 9x return. Even share market will not give that much return.
This home is purchased with own money but even if purchased using bank loan might be had paid 7-8 lakh to bank including interest and still 22 lakhs profit.
So again it's completely depends on when, where and what price you have purchased
Location of Palava City is not good. If you are staying in Mumbai accessibility to railway station is important.
According to calculation you got 12% return nothing great to be honest, but considering realestate its good
@@SubhadeepGayen No it's not 12%
It's 10 times in 18 years + we saved rent of lakhs. This factors don't get consider while calculating profit by major UA-camr but they add it in loss while not buy recommendations.
12% give max 3-4x and not 10x
Where is ur house
@@PravinChalke It is calculate yourself
Only 12 % cagr
I am not including rent saving though.
Herd mentality is prevalent everywhere. Most ppl base their decision or rather just follow what others do. Rental yields for residential property are just pathetic.
how is Godrej City in Panvel ?
Baat 100% Sahi hai. Mera 20 lac ka flat Jo ki maine 2016 me liya tha, abhi vho 15 me bhi nahi bech pa raha.
Kaha liya tha aapne
Kaha kharida sir Aapne flat?
Awesome info❤
God bless you
Thank you Sir
How To Find Actual Price?
Very good suggestion
Ye baat gurgaon ke builder ko pta lag gyi . 😂😂😂😂 phir kulta tha rent hi 80000 ker diya ab na flat bechna padta h builders ko aur na buyer ki tension badhiya rent aa rha h
Great post sir thank ji
Thank You Sir 🙏
🌞 🌄 Good morning sirs! 🌄 🌞
Remember to do the needful
And never redeem the card
Is it worth to buy old dlf flats in prime location like golf course road (20 yrs old)? Looking forward for your advice?
No don't purchase whether the location may be prime but flats will be outdated
Their tiles , sanitary fittings , carpet area will not be good and luxurious as it is of 2002
Also windows will be also small as compared to newly constructed apartments , interior may not upto the mark
Their will more chances of problems related to leakages , wall cracks
So it's confirm you will have to pay a lot means renovation cost
JUST LOOK FOR A NEWLY CONSTRUCTED PROPERTY
Worth only if building is in good comdition and its going to be redeveloped
Don't buy old infrastructure
ये काम कर्जा लेकर करनेका नही है,जीसके पास पैसा पडा है उनका काम है।पैसा लगाके पैसा कमाना।
Flat lena kabhi kabhi majboori bhi hoti hai agar kisi himalyan region me jameen lena hai toh milega hi nhi sirf locals hi wahan ke buy kar sakte hain banglow me bhi wahi problem aur ooper se price 8-10 times magar flat me dono faida hai 15-20 saal tab aap us flat ko farm house ki tarah use kar sakte ho aur 20,25 saal baad agar bechne ka mann kiya toh bech bhi sakte hain magar jaisa inhone btaya ki usme loss hi hoga par phir bhi 25 saal wahan raga bhi toh khud toh agar 5 -10 % loss me bhi bik jaye toh bhi jyada problem nhi
To kise investment kehte hai?
Sir, you are absolutely Right. Thank you for your Advice.
Thanks sir for advice
same story in chennai....true...100% true