Fact : Gurgaon where the peak has touched few months back and now noone is even touching Gurgaon ..People are like GGN ..no no no .. people who have paid EOIs/10-20% are now stuck ..and yes they are in 1000's .. my colleague who paid around 20 lacs for 4 cr flat in soft launch is now stuck .. he desperatley wants to move out but he is not even getting what he paid for .. ENJOY
I think the problem with Real estate is that majority of the money is just pouring in 6-7 cities .. there are so many tier 2 cities which now have potential investors whose generational wealth has accumulated over many years.. In MP i have seen so many wealthy businessmen Farmers, mining and High rank officials simply park their money in NCR/Mumbai big cities .. these developers have to offer something to suh cities otherwise Delhi/Mumbai are too much saturated .. Also most of these cities are based on petro dollar economy i.e. service sector serving Europe/US/West but West will soon fall ..There will be no recession but depression for these countries .. Better People must buy Agri land, Manufacturing units, Hotels, etc rather than putting money in useless offices, residential in Tier 1 cities .. BTW i work for an MNC where there is hiring freeze since last 1.5 years and still planning to layoff atleast 10% of its total workforce in INDIA .. PLEASE BE READY FOR HARD LANDING ..probably crash landing
Real estate is no more a 3 generation thing. Some trends you need to be cognizant of 1) People move out when they go for higher studies, or work, or get married. It is very rare that you would still be living with parents even after achieving all these milestones in life. 2) People who are climbing up career ladder go from one rental to another to another before settling down around 35-40yr of age. Again it is very rare these days to commit to a house before getting 3-6 promotions and job shifts. 3) When 3 genertions live together, the youngest ones are more likely toddlers. I fail to find adult or teenage kids living with grand parents, atleast in cities the energies just dont match. 4) Living in 3-4 own homes in lifetime will become very common in India too. The first one being your parent's house, second your first purchase and so on and lastly the house you chose to retire in (suburbs or towns). Which is also why location defines the kind of real estate demand. People dont retire in mumbai, regardless of the property.
Real estate is a hedge against currency. The value of what a roof over your head provides is not up. The amount of rupees required for that necessity has increased . Because the govt funds infra projects from money printing
Insightful discussion. I believe, so far as the #metro cities story goes, there is just too much action/activity around infra boom ... clearly, infra is playing the catch-up act in metros like MUM, BLR et al., which has already caused a lot of agony to residents. However, the opportunity upside seems clear and present in these cities, hence people are patient with pent-up frustration.
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Great insights..
Fact : Gurgaon where the peak has touched few months back and now noone is even touching Gurgaon ..People are like GGN ..no no no .. people who have paid EOIs/10-20% are now stuck ..and yes they are in 1000's .. my colleague who paid around 20 lacs for 4 cr flat in soft launch is now stuck .. he desperatley wants to move out but he is not even getting what he paid for .. ENJOY
Asset to park money
1. MF
2. ETF
3. REITs
4. Stocks
5. RE: residential
6. RE: Commercial
7. Physical Gold
8. GOLD ETF
9. Land
10. SGB
11. NPS
12. EPF
I think the problem with Real estate is that majority of the money is just pouring in 6-7 cities .. there are so many tier 2 cities which now have potential investors whose generational wealth has accumulated over many years.. In MP i have seen so many wealthy businessmen Farmers, mining and High rank officials simply park their money in NCR/Mumbai big cities .. these developers have to offer something to suh cities otherwise Delhi/Mumbai are too much saturated .. Also most of these cities are based on petro dollar economy i.e. service sector serving Europe/US/West but West will soon fall ..There will be no recession but depression for these countries .. Better People must buy Agri land, Manufacturing units, Hotels, etc rather than putting money in useless offices, residential in Tier 1 cities .. BTW i work for an MNC where there is hiring freeze since last 1.5 years and still planning to layoff atleast 10% of its total workforce in INDIA .. PLEASE BE READY FOR HARD LANDING ..probably crash landing
Great perspective Sir.
Useful insights in todays rapidly growing RE markets 👍
Excellent information
Such a excellent insight
Amazing insight.
Excellent
Real estate is no more a 3 generation thing. Some trends you need to be cognizant of
1) People move out when they go for higher studies, or work, or get married. It is very rare that you would still be living with parents even after achieving all these milestones in life.
2) People who are climbing up career ladder go from one rental to another to another before settling down around 35-40yr of age. Again it is very rare these days to commit to a house before getting 3-6 promotions and job shifts.
3) When 3 genertions live together, the youngest ones are more likely toddlers. I fail to find adult or teenage kids living with grand parents, atleast in cities the energies just dont match.
4) Living in 3-4 own homes in lifetime will become very common in India too. The first one being your parent's house, second your first purchase and so on and lastly the house you chose to retire in (suburbs or towns). Which is also why location defines the kind of real estate demand. People dont retire in mumbai, regardless of the property.
Real estate is a hedge against currency. The value of what a roof over your head provides is not up. The amount of rupees required for that necessity has increased . Because the govt funds infra projects from money printing
Insightful discussion. I believe, so far as the #metro cities story goes, there is just too much action/activity around infra boom ... clearly, infra is playing the catch-up act in metros like MUM, BLR et al., which has already caused a lot of agony to residents. However, the opportunity upside seems clear and present in these cities, hence people are patient with pent-up frustration.
Excellent
Buy stock as investment, buy as home real estate or commercial as rental - check with economists
❤❤❤❤❤
There’s no guarantee in any asset class 😮
Asset to park money
1. MF
2. ETF
3. REITs
4. Stocks
5. RE: residential
6. RE: Commercial
7. Physical Gold
8. GOLD ETF
9. Land
10. SGB
11. NPS
12. EPF
कोई बढोतरी नही है।
Just creating fomo
only true if you have a job in one place all your life !