Perfect analysis in case of apartments as investment. Most people take loans for these and it's definitely not going to be beneficial as they think. It becomes like a donation to bank. Such investments in land can still be OK. Apartment for own use may be OK as well.
what about land ? i have seen so many land price doubled earlier eventhough now last 5 years not much improvement . in future also as per population , will land price not increase ? [ some media tell , people are migrating , those media may tell later reverse migration because of upset life condition in urban metro cities ]
I am not fully agreed with this. You have nt mentioned the growth value of the land for the completed 5 yrs. Only mentioned the building cost. Definitely there will be a considerable growth in the land value itself, that may be varied depend upon the location.
One reason why apartment prices have risen so high in India is because of financial illiteracy of NRIs and high salary IT employees. They don't do a simple cost benefit analysis on an excel sheet like Nikhil has shown here. They buy apartments at very high prices as they need to put their money somewhere. They don't have the knowledge or temperament to invest in other asset classes. This inflates the prices making it hard for middle class families who really need a home to buy one. Prices remain high despite having so much supply of flats as NRIs keep buying them for whatever price that is demanded. The NRIs keep holding on to the flats as they'll not find anyone dumb enough like them to buy these flats over the cost price. They get stuck with it thinking that they should've simply put that money in FDs.
Real estate value would have appreciated Atleast a bit right ie in 6 years will it be the same one crore ten lakhs . There will be taxes for mutual fund as well as FDs too. Moreover NRI s need a roof while they decide to come back to their home town
എന്റെ മാമൻ 30 ലക്ഷം മുടക്കി രണ്ട് വീടുകൾ വെച്ചു... റെന്റിനു കൊടുക്കാൻ... ഞാൻ ചോദിച്ചു... ഇതിനു എത്ര രൂപ വെച്ച് നിങ്ങള്ക് monthly rent കിട്ടുമെന്ന് 14000 വെച്ച് രണ്ട് വീടിനും കിട്ടുമെന്ന് പറഞ്ഞു.. അപ്പോൾ ഞാൻ ചോദിച്ചു... ഈ മുടക്കിയ 30 lakhs നിങ്ങൾക് തിരിച്ചു കിട്ടുവാൻ എത്ര കാലം വാടക കിട്ടിയാൽ ആണ് നിങ്ങൾക്ക് മുതലാവുക 😪😪😪.. 14000*12=168000 രൂപ മാത്രം... മണ്ടൻ തീരുമാനങ്ങൾ ആയിട്ടാണ് ഞാൻ ഇതിനെ കാണുന്നത്.....
Never Ever buy an under construction flat or villa. You will lose your money, mental health and peace of mind. Flat or Apartment or Villa anywhere is a BAD IDEA. NEVER FALL A PREY TO THE PSYCHOLOGICAL TRICKS PLAYED BY THE MARKETING TEAMS. Sookshichal Dukhikkenda!!!!!!!!!
Perfect analysis in case of apartments as investment. Most people take loans for these and it's definitely not going to be beneficial as they think. It becomes like a donation to bank. Such investments in land can still be OK. Apartment for own use may be OK as well.
Appartment is bad investment... But land is always a best option...
Perfect Analysis!
Very true and a real fact...Thank you Nikhil sir for sharing such valuable learnings.
വാടകയൊക്ക കൃത്യമായി കിട്ടുമെന്ന് ഉറപ്പില്ല 😅
what about land ? i have seen so many land price doubled earlier eventhough now last 5 years not much improvement . in future also as per population , will land price not increase ? [ some media tell , people are migrating , those media may tell later reverse migration because of upset life condition in urban metro cities ]
What about crowd funding platforms like StrataProp?
ഭൂമിയിൽ നിക്ഷേപിക്കുകയാണൊങ്കിലോ?
E thallu kaddal ellavanta kayil white money uddannu thonnum
I am not fully agreed with this. You have nt mentioned the growth value of the land for the completed 5 yrs. Only mentioned the building cost. Definitely there will be a considerable growth in the land value itself, that may be varied depend upon the location.
He is talking about apartments. You don't land in case of apartments!!
Nice information
One reason why apartment prices have risen so high in India is because of financial illiteracy of NRIs and high salary IT employees. They don't do a simple cost benefit analysis on an excel sheet like Nikhil has shown here. They buy apartments at very high prices as they need to put their money somewhere. They don't have the knowledge or temperament to invest in other asset classes. This inflates the prices making it hard for middle class families who really need a home to buy one. Prices remain high despite having so much supply of flats as NRIs keep buying them for whatever price that is demanded. The NRIs keep holding on to the flats as they'll not find anyone dumb enough like them to buy these flats over the cost price. They get stuck with it thinking that they should've simply put that money in FDs.
FD ക്ക് Tax കൊടുക്കേണ്ടേ!
Loan കിട്ടും ..അതിൻ്റെ നാല് ഇരട്ടി അടച്ചു മുടിയും
Real estate value would have appreciated Atleast a bit right ie in 6 years will it be the same one crore ten lakhs . There will be taxes for mutual fund as well as FDs too. Moreover NRI s need a roof while they decide to come back to their home town
Business viddi malayali
കണക്കുകളൊന്നും ശെരിയാവുന്നില്ലല്ലോ സാറെ . 1 crore nte property 5 ഇയർ കഴിഞ്ഞാൽ 1.2 cr????. ഇത് എങ്ങനെ ശെരിയാവും???
എന്റെ മാമൻ 30 ലക്ഷം മുടക്കി രണ്ട് വീടുകൾ വെച്ചു... റെന്റിനു കൊടുക്കാൻ... ഞാൻ ചോദിച്ചു... ഇതിനു എത്ര രൂപ വെച്ച് നിങ്ങള്ക് monthly rent കിട്ടുമെന്ന് 14000 വെച്ച് രണ്ട് വീടിനും കിട്ടുമെന്ന് പറഞ്ഞു..
അപ്പോൾ ഞാൻ ചോദിച്ചു... ഈ മുടക്കിയ 30 lakhs നിങ്ങൾക് തിരിച്ചു കിട്ടുവാൻ എത്ര കാലം വാടക കിട്ടിയാൽ ആണ് നിങ്ങൾക്ക് മുതലാവുക 😪😪😪..
14000*12=168000
രൂപ മാത്രം...
മണ്ടൻ തീരുമാനങ്ങൾ ആയിട്ടാണ് ഞാൻ ഇതിനെ കാണുന്നത്.....
👍👍👍
Never Ever buy an under construction flat or villa.
You will lose your money, mental health and peace of mind.
Flat or Apartment or Villa anywhere is a BAD IDEA.
NEVER FALL A PREY TO THE PSYCHOLOGICAL TRICKS PLAYED BY THE MARKETING TEAMS.
Sookshichal Dukhikkenda!!!!!!!!!
Correct
In equity investment many people don't give importance to dividend income..
ഒരു 20 lk ഒക്ക കയ്യിൽ ഉള്ള ഒരാൾക്കു monthly profit കിട്ടുന്ന investments എന്തൊക്കെ ആണ്
Please mail to nikhil@talkswithmoney.com
ρ尺ｏΜ𝐎ᔕᗰ