I already having a mutual fund portfolio getting good returns but want to get reviews by an expert like you. I started in 2018 mid year and till date investing and using SIP way. Need to get it checked as how much I would accumulate by 2028/2030 maximum. Investing around 40K PM. One more thing I am having some equity shares in my Demat Account and need to get reviewed also. I have invested decent amount in it. I want to make a nice equity portfolio from Long term perspective around at least 4 to 6 Years.
you haven't counted in mid-tire towns. I'm staying in town here if you build a house it costs you around 40 lakhs to 41 lakhs for building 7 - 1bhk and plot costs another 20 lakhs which gives a rent of 5.5 thousand rs every month .5.5*7 which is quite less than the interest I pays. I found it is better to build houses in towns where industries existed near the towns than buying the flats in cities which we doesn't own
Buying a house in the outskirts of the city and constructing the house after a decade is a far better option. You won't feel financial burden and you can choose the quality of construction yourself for your house.
Akshat, buying a land is pretty complex given we do not know whether i am buying a genuine land or not. Property papers are correct or not etc. Can you make video on that?
Hire a lawyer especially real estate lawyer from your government property office ie. Kacheri they will taken care off all your headache about real land .
Land law is not effective in India, we can find 100 loopholes even in a genuine land. They can drag you to the court nowadays lawyer does this full time their job is to find loophole and exploit it. Our court system is such that to serve justice can take easily 15-20 years by that time one person life span completed(I mean his career life) by practical we are facing from civil court we won then they put in high court then high court we won now they put miscalenous case. The story won’t end here after we get that case also won then we have another world called execution court. Till india have proper land reforms act and judicial time bound or ensuring a challenging case they have to keep heavy amount in court if they really want to challenge all this reforms are long way to go in India for both land reforms and judicial time bound. Till that don’t waste time, effort and energy in buying land rather look for other alternatives investments like Gold/Equity/Debts etc even worst case still FD is better than all this hassles.
11:06 agree with you Akshat, one of the major problem here in Goa.. and also most of the properties are disputed and if you are outsider you won't get any help from government office. Very good analysis considering you have just recently shifted to goa
very early in my career i brought a small land in Dehradun for just 3 lacs.. i made 3 shops there.. rented them for over 12year now and rest of the land i sold of recently for 80 lacs.. thats 15 years total and i still own those 3 shops...i never had such returns in equity.. hence i swing nifty 50 when its down and i invest 20% of my investment portfolio by myself in equity where as 60% still goes in buying lands in tier 2/3 cities.. 5% in crypto..I like all the logics in this video..great stuff @Akshat
One opposite view: in time of our parents rented yields were high not because rent was high but because price of the property was lesser !! In my city in 2008 price of property (3 BHK apartment) was 8-10 lacks max 12 lacks now it is 80-85 lacks having CAGR ~ 17% which is not achievable for tier-II/III City!!
@@a.yashwanth intention was not to compare it with stock market effects however there was little impact on tier II/III Cites of BIMARU state in real estate markets affected by stock crash. Yes in 2006 prices were bit lower than 2008. It all begins with starting nexus of land mafia as liberalization reached with delay in these backward cities!
All these factors should be taken into consideration when you consider real estate as an investment. Owning a home for self use has a more emotional feel to it
Superb content sirjee! Extremely helpful it is! Cld you pls make a video on buying a super inflated flat in tier 1 cities VS buying a villa/rowhouse in tier 2 and tier 3 cities. I GUESS, it will be a great video.
@akshat - Great video but I was surprised you did not talk much about the hidden cost of high interest rates - over a 20 year period at current Interest rates - you would end up paying almost equivalent amount of interest as the property base cost - the second point I though you probably should cover is cost of maintenance of property and the kind of tax benefits that families can get by buying and renting
India mein tiny house ka style shuru hona chahiye. Bade gharon mein rehnewale log kam ho rahe hain, tab bada ghar khaali aur boring lagta hai. Ghar chota aur cute rahe toh acha hai but garden bahut badaa hona hai.
I was expecting this video. Thank Akshat. Edit: Kindly make a more detailed video around how to by properties, the selection, the paperwork as well as the financing and by property I mean commercial property. Help us with your experience. Kudos to you for spreading the knowledge.
Again u do nt seem to be insisting on the liquidity aspect of an investment portfolio which in my opinion is most important as and when require money v hv to hv it and hence v invest in shares like Hdfc. Group HUL ETC THIS POINT U SHUD BRING TO TJE NOTICE OF THE GUYS
In Bangalore however the property rent and buying prices have gone up crazy..~10% increase each year or even more than that in the most popular areas like sarjapur,bellandur etc. Even in whitefield.And all the places rental yield has become >6.5% easily..It is not only 3% any more so more and more people are buying multiple properties(apartments/villas)
Thanks for posting this insightful video Akshat!. These may seem trivial and not decisive, but absolutely should be kept in mind while going for any real estate. Please keep videos like these coming through. I am very excited about you trying to build a real estate portfolio and your though process/research around getting this accomplished. Thank you and all the best!
I require some advice regarding property purchase. I am considering buying a property worth 60L. My father is offering 40L in cash and suggesting that I take a loan of 20L. Although he can afford to pay the total amount without a loan, he proposes this arrangement to help me save on taxes. I am unsure about taking the loan and would appreciate your suggestions. Alternatively, if there are any other options, please advise me accordingly.
Really very very helpful tips while buying real estate. Next time Pl give some tips for buying new / old flat in an apartment complex developed by reputed builders / companies. Thank you
Hi Akshat, could you please do a similar analysis with all such calculations for a car. My husband has to commute daily by car and it is quite necessary for him so car is required for us but such generic calculations before buying a car will be really helpful
Sir, plz make a video on how real estate has performed in times of recession. As the recession is at doorstep. Also, plz discuss about smaller towns as well like ahmedabad, rajkot
Am jagdish and wud like to add one important view point and that is the liquidity of real estate investment is very low meaning thereby that when and if u want to sell it u never can
Let me correct you, the deposit for 1 crore house can be easily 2 lacs which will be 1500 per month. Let’s add that plus 10% rent appreciation next year plus property value appreciation which will total to be around 9-10%
I am planning on buying house and this video was very helpful, looks like I got some of the calculation correct, I need to work on some other stuff, please do make a video on buying a car, would be great to have that knowledge in the back of my mind.
First part of the video information is good . Second part is bit misleading. You can find the architect who can do the construction rather than going to the builders . Also based on the previous builder you can find who the quality of the work So booking the house from the builders during the prelaunch who increase the profit margin rather than buying at the end
I like your videos. But no one will invest 4 cr in one go. If 80 lakh is down payment, then the % return should be on 80 lakh and not 4 cr. This is where many real estate calculations are done wrong. I hope you will take this point in consideration or prove me wrong If I am wrong. Thanks for your videos. Very helpful so far.
Hi Akshat The property has been appreciated by 30%-40% in last 2+ years in Sectir -150 Noida. Low density area and also known as sports city. What is your take on it. So I am specially talking about of Pan India builders with exception in undercontruction project. Such as : Tata / Godrej / ATS etc. 5500-6000 gone upto 7500-8000 Sq. ft.
post covid era is totally different, rent is sky rocketing and unjustified. Now I feel that my decision to buy property for personal use was correct as rents are simply unaffordable.
NBCC, a navratna PSU is one to be very careful about... Booked a flat at their project in Kochi (Kerala) in 2013...ten years down, the Navratna company is unable to get statutory clearances fir the project and people are paying costly home loan installment without any house to live.... And yea the navratna PSU scarcely responds to communications
It will take a lot of time to gather the downpayment itself if you have good income but no prior wealth...I would say it will take 4-5 Year if we decide to save 30% of current income every month.
Hi Akshat, I have a question ,If some one(Salaried person) has enough money to construct the entire house without any loans, Should they follow that route? or taking the loan for (say 40%) and invest the rest of the money in High return(like equity)? Pay EMIS every month.
Akshat, Thanks this is of great insight, hoped someone would have come up with this kinda video when I purchased 🙂. Would like to request you to make similar video on purchasing commercial property.
Can i buy a plot which costs of 50 lakhs? My salary is Rs.70,000 and i can make down payment of 15 lakhs out of 50 lakhs. 35 lakhs i will go for loan which comes to 31k monthly EMI for 20 years.
The ratios that have been told in the video - all cannot be ticked at once. The disclaimer at the end itself proves that, not denying that those arent facts but still how practical a world can be?
What you have told it's very true, the formaulae I think varies a lot on location of the property. We have a flat, though it's not bought, but it's a small 1bhk apartment in South Kolkata 480sq ft. The rent of the apartment is 16000 per month as of now, since it's a fully furnished property. And the cost of the flat in that area is roughly 27-28lakhs only. Even if I substract 3months rent for maintenance, tax, brokerage earning would be (16,000*9) = Rs 1,44,000 so per year yield calculated would be 5.14%
Fantastic video, highly insightful. Loved the point about a contractor and garbage picking.. really insights nobody will tell you. Eagerly waiting for more insights on real estate.
can you please make a video on your experience with legal due dilligence. I am having really hard time finding a good title property. How is it going for you?
Hi Akshat. I like watching your videos. I have a request ,can you explain about SBI Maxgain Policy for HomeLoan in your upcoming videos.Actually we have taken a loan in 2011 and we are not repaying it though we have amount . We have put it into the maxgain account and advantage is that we don't have to pay the interest but still EMI needs to be paid which cuts the actual loan amount. My husband says we can withdraw amount paid extra whenever required or want to buy some new property. I am not able to understand this policy ,how it is useful. If you can explain more about this will be helpful. Thanks in advance
You always say take debt for commercial property which can generate positive cash flow, but i dont understand how? Won’t i just endup paying the monthly from that rental income? Where is the money in my pocket?? Help understand
akshat recently i bought a flat in mumbai for 2.3cr the construction work has started but only 10% of work is done so what should i do now the builder is good top 3 builders in mumbai can you suggest me what should i do now possession is by 2026
I wish i could do a 100 likes to ur each videos... But i cant😄 seriously, thats the level of ur content AKSHAT. pls keep it up... We need more real and practical content of urs.
What is the real value of gold ? Can you please make a video on how quickly to complete the education loan or if we pay just the emis will that be useful to us in the long term Please make a video on car buying also
Thank you Akshat. Can you please do more videos on property? Especially properties in Goa, tier 2 and 3 cities/towns? The property market interests me a lot as I have some kind of a background in building and construction. For example I helped build a bungalow in Calangute, Goa, years ago and was responsible for permissions, dealing with Panchayat, Communidade, conducting a search going back 100 years, overseeing construction, furnishing the home, etc and it had been an experience. However, I would not consider places like calangute, baga, Candolim, etc as properties are too expensive, too crowded, too commercial and the beauty of the land is lost. I could go on and on, however, I appreciate where you are coming from as I can see you do a lot of research and am looking forward to watching more videos on property. Thank you.
In mumbai purchasing land is impossible. Only flats can be purchased. So according to u investing in mumbai is not good idea.in mumbai if u purchase property worth 2cr in good area u will b making rent around 60 to 80k and in mumbai 1cr property does no make 25k its way more then that .
