Rule no 1, flat is depreciating asset. You are doing swing trade thats good. But who are buying flats specially in Bangalore at some random cr. The same flat after 10 years no body willl buy and its a huge loss as an investment and you dont own land in flat.
@@rahul_182people say bulshit about housing prices will fall but my argument is does new york prices falled ? no does sydney prices falled no then why will mumbai prices will fall this is bs
@@samarthyadav4026 bro, will u buy old appartment in 20 - 30 years old society ? Have u ever calculated the interest you will pay to get that flat ? Having house with land duplex is the best choice not flat
@@the_underwater_nature7643 But the thing is with the mivan technology the life and quality of building will stay intact for a long time. Plus look at the rents in Bangalore. 2bhk is easily 35-40k now. How long can you keep paying the rent. Plus societies are better than stand alone houses in terms of maintenance.
What about post tax returns? If you sell the property before 3 years, then short term capital gain tax will be applied on the property which will directly cut the profits by 30%
Sir I have a doubt that what to do if we are unable to find a proper buyer to sell our property. Kindly reply sir. The reason why I asked this is , in our place the property developers themselves may be delayed to find a buyer for their property. Here by property I mean the plots and I haven't explored about flats. This point which sir stated, even my father used to say. But each time thay speak this I would ask this question. Kindly reply me sir
Great video! One question, whenever I think of buying a flat (to stay, not for investment) I get this dilemma, should I buy now and start huge EMI (60% of the salary) or wait for 5 years and build cash (through bonuses, ESOPs and stock investment) to reduce that possible EMI but then property prices would have increased in 5 years time. What are your thoughts on this?
Please come up with follow up video on Modi 3.0 smallcase. Was thinking of doing SIPs in the same as all of those stocks look good for another 2-3 years at least... Any thoughts on this Shashank?
Hi Shashank! We were at brigade ivory 2 months ago. I was looking for a 2 BHK with similar plans of selling it after the handover. My question is: Do you think it's possible to sell it at net 10% (with interest paid) gain in 2-3 years?.
Amazing video would be interesting to learn more about your thoughts on real estate investing! Also, have you ever considered investing in sites since they have a higher return especially in Bangalore?
Bro if you intend to sell, why are you prepaying ? I would say pay only the interest component & wait for a potential buyer to sell it at a higher price.
hey shashank, I am confused between should I join your 1% club or youtube membership. I am a newbie in stock market and would like to be updated on regular basis on stocks.
Hey Shashank, I have been following you from long time and your content is really helpful. Even I'm in bangalore and used to explore these type of investments. I have one doubt on taxation part after selling the property ? How much do I need to pay if I'm in 30% tax slab ? recently I got to know about section 54 which is telling that if you re invest the property sold amount to buy another property there is no need to pay tax. Can you make 1 video on this ?
Hey shashank. I dont have a house of my own now. I live in a rented apartment. I am not in a financial stage yet to buy a property worth a crore or so. But i have been thinking is to probably buy a 1bhk or a 1 rk in noida near one of the prime office areas (which would probably come to 50 lakhs or so) and put it up on rent. My intention is similar like u said to finish off the loan asap with the rental income i would get plus prepayment as and when possible and to generate an alternate source of rental income. What do u think of this plan? Your input would definitely help.
If we pay extra money apart from emi.... that extra money goes to principle or interest component? If we do so wont bank charges any penalty something bcz....within 12 emi if ee start paying extra to principle amount (preclosure) they will charge penalty right
I'm also searching to buy a plot/flat in Bengaluru for investment purpose? Which are the best areas to buy considering in next 3 yrs i will sell it!?? Can u please suggest
Rule no 1, flat is depreciating asset. You are doing swing trade thats good. But who are buying flats specially in Bangalore at some random cr. The same flat after 10 years no body willl buy and its a huge loss as an investment and you dont own land in flat.
You do own the land as per Uds!
@@rahul_182people say bulshit about housing prices will fall but my argument is does new york prices falled ? no does sydney prices falled no then why will mumbai prices will fall this is bs
@@rahul_182 thats divided by the number of flats in that building, hardly you will get anything 😀
@@samarthyadav4026 bro, will u buy old appartment in 20 - 30 years old society ? Have u ever calculated the interest you will pay to get that flat ? Having house with land duplex is the best choice not flat
@@the_underwater_nature7643 But the thing is with the mivan technology the life and quality of building will stay intact for a long time. Plus look at the rents in Bangalore. 2bhk is easily 35-40k now. How long can you keep paying the rent. Plus societies are better than stand alone houses in terms of maintenance.
What about post tax returns?
If you sell the property before 3 years, then short term capital gain tax will be applied on the property which will directly cut the profits by 30%
Good video, I guess we will need a series on this topic
Much informative! Would love to see more content on analysing and finding real estate opportunities
Sir I have a doubt that what to do if we are unable to find a proper buyer to sell our property. Kindly reply sir. The reason why I asked this is , in our place the property developers themselves may be delayed to find a buyer for their property. Here by property I mean the plots and I haven't explored about flats. This point which sir stated, even my father used to say. But each time thay speak this I would ask this question. Kindly reply me sir
40% profit is fine but that profit is for 2 years and one must also calculate profit after tax and the return goes down significantly.
To save tax you have to buy another house. It is a trap which people don't understand.
This used to work about 20 years back
May I know y are u saying that thank you
Great video! One question, whenever I think of buying a flat (to stay, not for investment) I get this dilemma, should I buy now and start huge EMI (60% of the salary) or wait for 5 years and build cash (through bonuses, ESOPs and stock investment) to reduce that possible EMI but then property prices would have increased in 5 years time. What are your thoughts on this?
Please come up with follow up video on Modi 3.0 smallcase. Was thinking of doing SIPs in the same as all of those stocks look good for another 2-3 years at least... Any thoughts on this Shashank?
Hi Shashank! We were at brigade ivory 2 months ago. I was looking for a 2 BHK with similar plans of selling it after the handover. My question is: Do you think it's possible to sell it at net 10% (with interest paid) gain in 2-3 years?.
Yes i strongly believe more than 10% is doable
Amazing video would be interesting to learn more about your thoughts on real estate investing!
Also, have you ever considered investing in sites since they have a higher return especially in Bangalore?
Bro if you intend to sell, why are you prepaying ? I would say pay only the interest component & wait for a potential buyer to sell it at a higher price.
hey shashank, I am confused between should I join your 1% club or youtube membership. I am a newbie in stock market and would like to be updated on regular basis on stocks.
Hey Shashank, I have been following you from long time and your content is really helpful. Even I'm in bangalore and used to explore these type of investments. I have one doubt on taxation part after selling the property ? How much do I need to pay if I'm in 30% tax slab ? recently I got to know about section 54 which is telling that if you re invest the property sold amount to buy another property there is no need to pay tax. Can you make 1 video on this ?
SUCH A GENUINE PERSON😊KUDOS FOR THE WORKS WHICH IS CREATING AWARENESS REGARDING THE REAL ESTATE.
Hey, thank you so much for the in depth information. Could you share link of calculator you are using?
there is a risk of buying under construction property, that the property will not complete in future so the money get blocked
@@anantsharma3444 yes hence i buy only reputed builders like brigade prestige sobha who is just 1 to 1.5 years away from construction
There is garbage pick up area , truck loads of garbage infront of sobh dream garden 😢
Bro you should seriously do a masterclass on this!
and what about the selling part ? how would you sell and do you transfer the loan to the next buyer ?
What are the overall benefit of doing this apart from diversification aspect
Why only Apartments? As it is for investment why not BDA plots or villa plots from reputed builders?
Mention some of the projects in bangalore apart from brigade ivory which you think has the potential to grow ?
thank you so much for this video!
Hey shashank. I dont have a house of my own now. I live in a rented apartment. I am not in a financial stage yet to buy a property worth a crore or so. But i have been thinking is to probably buy a 1bhk or a 1 rk in noida near one of the prime office areas (which would probably come to 50 lakhs or so) and put it up on rent. My intention is similar like u said to finish off the loan asap with the rental income i would get plus prepayment as and when possible and to generate an alternate source of rental income. What do u think of this plan? Your input would definitely help.
Sir in your About it is written u r an ex-investment banker so what is the source of your salary ?
Bro he is an influencer now .. maje hi maje
@@akshitgoel1183 i work in my fathers company called Securens so I get fixed salary from there.
@@syedshahbazali1417 kaash, influencer income is like 10% of overall monthly income. Zyada market gains and salary se aata hai
@@ShashankUdupa1 Take me also bro in your dad's company
@@ShashankUdupa1- I m from Bangalore..no idea on real estate...how can I connect with you..please help
Looks good on paper but difficult to implement and tiresome to find the perfect deal
If we pay extra money apart from emi.... that extra money goes to principle or interest component? If we do so wont bank charges any penalty something bcz....within 12 emi if ee start paying extra to principle amount (preclosure) they will charge penalty right
can you please share the calculator link that you showed in the video, i would like to use it to run my numbers
Happy Buddha Poornima to my guru 🙏
I'm also searching to buy a plot/flat in Bengaluru for investment purpose? Which are the best areas to buy considering in next 3 yrs i will sell it!?? Can u please suggest
This was such a great learning for me, can you do the same for Education loan pls?
4 lacs a month is amazing in India
Can you explain a bit about selling process?
Superb
Do a course on F&O
How do i connect with you fot suggestion ?
What was that calculator? Name
thank you for sharing
Can We get this short to big detailed videos for educational purpose next time can u do for us live ?
Thoughts about Assetz soho and sky ?
Thank you
y
Do a meetup in delhi. Eager to meet you
Just a promotional video
copy pasted from ankur warikoo...lol
@@pratikmundokar2381 havent seen his video yet sorry. I just showed my own real example here, didnt know he already did it
hey man , please bring your father sometimes on the channel