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I Bought 3 Flats in Bangalore and Made 1 Crore Profit 

Shashank Udupa
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In this video, I go over the 3 flats I have bought in the last 3 years and everything about it - how much I bought them for, how much money I made, what is my plan with them, why I still live on rent and much more.
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7 мар 2024

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Комментарии : 329   
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Also im doing a stock market masterclass next week March 16th do join - www.onepercentclub.io/masterclass/shashank
@kiranmahesh93
@kiranmahesh93 3 месяца назад
Hi Shashank, can you please make a video on how you are buying the house and what do we look when buying the house?
@Deadly_streamer
@Deadly_streamer 2 месяца назад
@@kiranmahesh93 12:37 sir actually I am 19years old. you told that buying a house is a liability but isnt paying rent for a longer time much more of a liability. like some day or the other you will have to buy a house right. why to wait for a time when the prices are gonna skyrocket in future. CORRECT ME IF I AM WRONG. just started learning about these would totally appreciate if i get to know more. Thank you ❤
@LazyBoy1805
@LazyBoy1805 Месяц назад
I also live in Bangalore. Please let me know if we can meet in person. Need your advise on few things (real estate and investment)
@nainiketdesai1616
@nainiketdesai1616 3 месяца назад
Very unrealistic assumptions. so basically homes just keep going up as per your explanation. Like rental income goes from 35K to 60K (almost 70% increase) in just 24-36 months. This way in 10 years it will be like 1.5-2 lac per month for same 1000 sqft apartment which is unrealistic.
@monishasekar4716
@monishasekar4716 3 месяца назад
That too with water shortage 😂😂😂 Chennai rent skyrocketed which was controlled by floods and cyclones. Soon nature is going to teach a lesson to these Bangalore greedy landlords!!!
@jaimaharashtra131
@jaimaharashtra131 2 месяца назад
He makes it sound so easy 😂
@Dr.Raghu-simplified_classes
@Dr.Raghu-simplified_classes 2 месяца назад
Agree with u bro...not a gud investment though.
@hytechcity1468
@hytechcity1468 2 месяца назад
Seems like very unrealistic definitely and very much doubtful that you are making fake claims ?😂
@aviz9830
@aviz9830 2 месяца назад
It's not unrealistic. I have seen rents going up to crazy levels in Bangalore within last 2 yrs
@sameerlule6798
@sameerlule6798 3 месяца назад
While buying TCS shares you don't take a loan from the bank but while buying property you do take a loan so the additional interest paid for the investment negates the thesis that rental yield is comparable to dividend yield. Only works if you buy the whole house upfront which again is a stupid idea.
@karthikeyanar8728
@karthikeyanar8728 3 месяца назад
Hey Shashank, Just curious whether you have included Property taxes and House maintenance expense for apartments/Townships?
@baibhabdebnath4511
@baibhabdebnath4511 3 месяца назад
Can you make one video on how to buy real estate especially in bangalore? What all certifications should one check before buying property? and what are the hidden costs that are not shown at first, but once you buy, you have to pay those?
@kunjnaik6035
@kunjnaik6035 3 месяца назад
Hi Shashank, How you found which property to invest into?
@TheGsinghg
@TheGsinghg 3 месяца назад
paper profit on illiquid asset is not profit. assumed rental yield for a 1000 sqft is too high, particularly in devanahalli.
@Camsion_
@Camsion_ 3 месяца назад
Please let us know the loan process, is it with collateral or just down payment how does it work
@dhanush.priyan
@dhanush.priyan 4 месяца назад
I appreciate your transparency man! Thank you so much for the insights :)
@bharath2508
@bharath2508 3 месяца назад
Do you get enough water in your home?
@ajayjzk
@ajayjzk 3 месяца назад
Can you suggest your broker? Or perhaps make a video for how do you research ?
@sandhyaranisahoo593
@sandhyaranisahoo593 2 месяца назад
Hi Shashank, Can you please provide the process to sell the under construction property before registration. Did you register your first property before selling??
@manoj7322
@manoj7322 3 месяца назад
@shashankudupa1 1. Can we claim interest being paid on an under construction property? I don't think so, as per law, all the interests can be claimed only once the property is registered and no benefits till then. However, keen to understand if there is a way for it. 2. If we sell property in less than 2 years, without registration, then will it still attract Short Term Capital Gains? As per my understanding, it should not, as technically we are not selling the house but just transferring the ownership. Again, keen to understand if this is right?
@NoName-bb2pu
@NoName-bb2pu 3 месяца назад
Im in the buying and selling business, made over a million $ so far in Bangalore by doing so, lemme see 1) I've ALWAYS bought cash down without loan but in my best guess, the benefits start only after registering so no. You can't apply for retroactive benefits in my experience, post registration so a strong no on that too. 2. Again, I've always sold properties on average after 6 + years as that is the optimum time for appreciation maximisation and also that LTCG will apply without doubt, but in your question I think the benefits are negligible either way, if you're taxed according to income by IT, it should workout to 20% odd, 30% if your income exceeds the max which it might given the appreciation you may earn, and STCG is also 30%. Pro tip, and we all do it openly : Pay cash or pay part by declaring fittings and furnishings + take as much cash as possible when selling. If you feel guilty pay the savings to a worthwhile charity 😉 If one gets into real estate and want to play it straight then they might as well work a salary job instead.
@pratapkrishnan6349
@pratapkrishnan6349 2 месяца назад
Bank just accepted the pre payment right!!! didn't you have to pay extra to close the loan, if so then where is that charge?
@karthikmurali6012
@karthikmurali6012 2 месяца назад
Pl keep in mind that u bought the houses towards the end of covid when the property rates had gone down. Flats were not getting rented out since 2019 so owners panicked and sold at cheaper prices in bangalore. Its not a normal situation. I also bought a house for 90 lac in 2022 now the selling price is 1.4 CR and rental income is 45k+maintenance 😊.
@venkatramprasad1157
@venkatramprasad1157 2 месяца назад
This is just only in few areas close to office spaces and that too temporary spike in rental due to return to Work from Office. Plus after 10 years what would be the value of these apartments is unknown as most apartments suffer from water shortage and poor quality of constructions.
@V-xr6so
@V-xr6so 4 дня назад
@@venkatramprasad1157 Yes Bangalore FOMO is real, but dont expect this wave to continue
@SherlynDimpyKerketta
@SherlynDimpyKerketta 4 месяца назад
Thanks for the insights
@RP-xh1me
@RP-xh1me 4 месяца назад
Since you sold the house before 2 years I don’t think you will be able to reinvest it to another property to save taxes. You will be taxed as per the STCG rates
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Yes i also think because i didn’t register it wont even be counted technically as the 2 years works after registration
@mohitaggarwal7583
@mohitaggarwal7583 3 месяца назад
​@@ShashankUdupa1it will be tax evasion. Take the video down before you want IT department banging on your door
@karnatinagesh
@karnatinagesh 3 месяца назад
He is claiming tax benifit on pre emi. Which is not legal. He can only claim after getting it registered and oc
@sghsjsrxz2481
@sghsjsrxz2481 3 месяца назад
Abhi kaccha hai ye
@mrdinesh8721
@mrdinesh8721 3 месяца назад
house 1,house 2 ka kya load repay karna ka bad apka profit kyasa hua?
@mayuriD-u7u
@mayuriD-u7u 13 дней назад
hello @ShashankUdupa1 : were these A khata properties? Most of the many of the properties in bangalore are B khata, is it ok to invest in them for such investment purpose? or does it cause any issue in future?
@ShashankUdupa1
@ShashankUdupa1 13 дней назад
This one i bought is a flat by Sobha, no problem with Khata
@funfactentertainment9032
@funfactentertainment9032 3 месяца назад
What about water facilities for these flats
@rahulchetia5009
@rahulchetia5009 3 месяца назад
Thank You so much for all the details you mention in this video.
@pavanyuva011
@pavanyuva011 3 месяца назад
Only one question- we can sell the apartments in between 1-6 years max .. I think it gonna be tough to sell older apartments.. so buy when it’s in construction mode and sell it off once it’s done ?
@shrihara
@shrihara 3 месяца назад
Buy during launch of a big mixed commercial-residential usage project stretching over large 100+ acres. Sell after project is completed. It could take a decade. Definitely there s huge risk involved and pre-emi. It could be a trap as well.
@soloqVenu
@soloqVenu 3 месяца назад
Rental yield can be passive or active, depending on one's approach to property management. For those who employ a management company, it's a passive form of income, requiring minimal involvement. However, for individuals who personally handle tenant interactions and property upkeep, it becomes an active endeavor, suited for those who enjoy engaging with people and managing the property themselves.
@IDBS-mx3fu
@IDBS-mx3fu 3 месяца назад
coupon code pls ?
@tarunamin4291
@tarunamin4291 3 месяца назад
Bhai p2p lending ma invest karna chaiya ki nhi ,agar karna chaiya tho konsa platform use kar to earn interest on investment eg 12% club?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Nahi bhai not a fan, very risky.
@SD-gj7mp
@SD-gj7mp 3 месяца назад
Need to know property details which builder
@PratikPrajapaticr7
@PratikPrajapaticr7 3 месяца назад
Hey bro, great information. Can you please share the excel sheet for us?
@YogawithKhushi
@YogawithKhushi 3 месяца назад
Hi Shashank, thanks for the super helpful video. 1) Would you please also share the area you are purchasing these properties if possible? 2) Also the rental increase in 3 years from 35000 - 60000/- sounds a bit unreal at 20% YoY for 3 years. Per what I know, the rental increase in Bangalore every year is 9%. Am I missing anything there?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
1 - Area is north Bangalore mostly in Devanahalli due to lot of growth triggers coming up - KIADBL Park, Metro to Airport, 5star properties coming up there and a lot more 2 - So last year Rent was 21000 and now its 35,000 and some going at 40,000. 60k was just an example, point was as the rent grows, the fixed income per year % on my buying price goes up Note - We are currently in a bull run for real estate with major beneficiaries in Bangalore, Hyderabad, AMD and Gurgaon doing really well. Market will come to equilibirium soon
@ssp6605
@ssp6605 3 месяца назад
bro i have a question in this video you showed PF contribution and all my question is you are working in the company ?( designation?)
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes, i work as director of international sales in a company called Securens. Started by my father
@kiranmahesh93
@kiranmahesh93 3 месяца назад
Hi Shashank, can you please make a video on how you are buying the house and what do we look when buying the house?
@santhoshabhignan7197
@santhoshabhignan7197 3 месяца назад
Strategy?
@__ShivamSoni
@__ShivamSoni Месяц назад
Me & my wife has 3 flats. I have bought in 2bhk 1056sqft Oct 2020 @ 27.5 gor 2.79L awas yojna benefit. My wife bout in March 2021 2bhk, 956 sqft @ 29L. So far we have paid 5L as a intereste to bank. Not flat cost is 51L & 46L resp. Last oct 2023 we have bought 3rd one in pune 1170 sqft @ 83L. Calculate net profit we have earned in 1st 2 flats?
@chiruchiruchiranjeevi3237
@chiruchiruchiranjeevi3237 3 месяца назад
hai bro, liked ur video though, It would be great if you recommed some best books as well in this segment..
@nikhil78620
@nikhil78620 4 месяца назад
What about Apollo hospital and Fortis hospital share..
@ibanker
@ibanker 3 месяца назад
Shouldn't you be taking an IRR calculation? Also, what about maintenance cost? Don't you pay any association fees during your ownership?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
So sobha when i bought had this offer that we dont pay maintenance until the society or committee is formed, they took one time advanced included in the 68L and will pay from that interest. House 3 said maintenance cost is there but thats only after we get OC. None of the flats have got oc yet still in construction
@Bluewh174
@Bluewh174 3 месяца назад
In March 2024 purchase, house 2 purchase, you had high loan of 54,40, how you’re able to get this loan when down was 13.6L?
@rajmishra758
@rajmishra758 3 месяца назад
he only paid pre emi
@palakondarayuduuppu6420
@palakondarayuduuppu6420 3 месяца назад
bro is there truth to it? Because most of registered value of plots is 30-40% less cost than market value u pay. Is this real?
@nikhilsahay895
@nikhilsahay895 2 месяца назад
You showed the purchase price but not the purchase date ! Sobha Dream Gardens was launched in Nov 2018 at the price you quoted. How did you manage to get one in 2022 for same price? I am assuming phase 2 or something? But that also means Phase 1 people have not made much money yet.
@jg6447able
@jg6447able Месяц назад
Good question….
@vivekjoshi789
@vivekjoshi789 Месяц назад
Quite an informative video & thanks for being so transparent! What's your Strategy to buy the houses?
@lavindmello4941
@lavindmello4941 3 месяца назад
Can you please also help us with where you do the research and all things to consider Eg. We can use a screener for equity...
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes, i will make another video on it
@lavindmello4941
@lavindmello4941 3 месяца назад
@@ShashankUdupa1 Thanks, wating eagerly!
@kunaljana2261
@kunaljana2261 3 месяца назад
You cannot claim interest and principal deduction for under construction property, I know this because i myself have bought under construction property and have checked with multiple CAs and all of them have confirmed the same. Even if we consider the deductions, the 1.75L that you are deducting is not the tax benefit. 1.75 is the tax deduction, the benefit being around 52.5k
@KalpathySanthosh
@KalpathySanthosh 3 месяца назад
Yes.. he is lying to the core, moreover who will take capital gains into consideration.. plus registration charges etc simply something in Excel 😂
@kalpishsinghal
@kalpishsinghal 2 месяца назад
The deduction for home loan interest is not applicable during the construction phase of the house. It becomes claimable only once the construction is completed. so how can you claim 2 lacks ??
@nikhil78620
@nikhil78620 4 месяца назад
Thoughts on tata power share
@pratikmhaske1120
@pratikmhaske1120 4 месяца назад
Buy land and give on rent or made flats , 1 bhk or 1 rk near college etc
@Naveenrawat-rv9df
@Naveenrawat-rv9df 3 месяца назад
Real state is all wether investment. Thanks for sharing all details. Some time utuber just tells the things but by showing all with actual propeties rate and all it real helps and make sense. Shashank do you also have comercial or plots in your portfolio or in future is there any plan. And also how you get to know all the upcoming plans for the new location i side the city like devahanalli
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes i want to - plot gives appreciation but im scared because i have to track it constantly for illegal settlements. Commerical i want to do but lack of knowledge today
@YogeshKumar-si1yx
@YogeshKumar-si1yx 4 месяца назад
Insightful
@jkarthick89
@jkarthick89 3 месяца назад
Good info bro❤
@tsrinivas2406
@tsrinivas2406 3 месяца назад
Very well explained.
@boorugusanthosh7295
@boorugusanthosh7295 4 месяца назад
What is the name of builder and apartment name that you recently purchased?
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Brigade orchards ivory phase 1 devanahalli
@ratikanta007
@ratikanta007 2 месяца назад
You have not deducted the interest paid on the loan from the profit as well the amount paid to builder for selling flat before registration .
@akshitgoel1183
@akshitgoel1183 3 месяца назад
Hi shashank, I was hoping if you could share the process of buying a home, type, area, builder if any, reason, time to complete and every other thing so that we can learn this aspect of home buying.
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes il make a separate video for it since it has lots of info
@dawoodrazauddin8652
@dawoodrazauddin8652 3 месяца назад
pre-paying the enire loan amount hurts the cibil score, some please correct me if I'm wrong.
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Not sure, Mine actually went up because my loan accounts reduced and my Cibil went above 800
@baa7948
@baa7948 3 месяца назад
Anyway to speak with you to know exactly how to buy property in bangalore what all things to check I need some urgent help
@jatinsharma2329
@jatinsharma2329 Месяц назад
I was told by an acquaintance that the first 20% of the payment goes from the pocket. Please explain how you were able to pay only 10% while booking. (You mentioned that you paid 6L for the houses)
@phssyk2
@phssyk2 2 месяца назад
what about the short term tax gain?
@sandeepsomasunder3397
@sandeepsomasunder3397 3 месяца назад
You can invest in reits ? That is easier . I understand it did not appreciate like in the video. But it is regulated
@Maknahar
@Maknahar 3 месяца назад
II am sure there is perfect explanation for it, But why does your brokerage on home 1 keeps changing between 1L and 2L from time to time? Also I would not add 1.5L 80C benefit here as if you have decent salaried income, most of 80C will be filled up by EPF itself. Appreciate the video though. Would have been better if you could explain how you picked these particular properties.
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Nah ive kept my epf low and my salary is 3L gross so epf is not that high.
@roshanvmech
@roshanvmech Месяц назад
You didnt include registration charges for the first property. How did you manage to sell it without registering it?
@ShashankUdupa1
@ShashankUdupa1 Месяц назад
Its called resale, sell at 5-7% discount vs builder price. Do a triparty agreement and transfer the flat to new buyer. They new buyer technically becomes the first owner when he registers - only problem with it is the process is long and irritating
@rangarajanable
@rangarajanable 3 месяца назад
Did you include the registration cost which is 8-11% in different states?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes sir, see excel sheet row 10. Registration for house 2 is added. House 1 i sold before registration as resale
@AbhishekKumar-ub8co
@AbhishekKumar-ub8co 2 месяца назад
1300 sq ft apartment for just 1.1 cr that too in a city like banglore?
@sunilraut9600
@sunilraut9600 20 дней назад
You have not included insurance cost /cover in exel sheet
@bestdate9541
@bestdate9541 3 месяца назад
Intelligent investors buy land not flats, Buying when not living is bad, and buying flats is not an investment.
@the_underwater_nature7643
@the_underwater_nature7643 3 месяца назад
Investing in flats now is not a good decision. From where you will get water ?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Temporary issue for now sir. Cant stop investing due to temp issues. Its like saying tomorrow recession will come dont invest
@the_underwater_nature7643
@the_underwater_nature7643 3 месяца назад
@@ShashankUdupa1 okay. Do u feel that flats are good investment. When we dont have our own proper land. Duplex is atleast having our own land. Flats are depreciating asset.
@phssyk2
@phssyk2 2 месяца назад
you cannot offset capital gains on short term tax - let me know if this incorrect
@nikhil78620
@nikhil78620 4 месяца назад
I am investing 10,000 per month in Aditya Birla PSU fund and 10,000 per month in quant small cap and 10,000 in quant mid cap And 5,000 in icici nifty 50 and 5,000 in parag Parikh FlexiCap and 1 lacks in smallcase (safe haven) and i have invested 2 lakhs in sbi Arbitrage Opportunities fund. For my son higher education and for short duration only for 1.5 year Please let me know if it needed any changes...
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
I cant guide sir, not a sebi registered RIA. But from looks of ur post it looks fairly balanced
@faranbaig9428
@faranbaig9428 4 месяца назад
Short term ke liye fd karo if your horizon is morethan 5-10 yrs then go eith equity.
@nikhil78620
@nikhil78620 3 месяца назад
Ok
@faranbaig9428
@faranbaig9428 3 месяца назад
Smallcap like quant smallcap, nippon smallcap, bank of india smallcap, hdfc smallcap inme se kisi 2-3 me invest karo paisa agar horizon 3 saal se zyada hai toh shortterm me koi bhi kuch nahi kehdakta but in the long run bada returns banenge inme
@meenakshikaushik4105
@meenakshikaushik4105 3 месяца назад
Thank God someone is making sense, yt is full with no house bla bla, I also believe in diversification is must specially in real estate😊
@rudisshkanna5539
@rudisshkanna5539 4 месяца назад
How do you get to know the price of real estate in real time
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Online housing websites and calling brokers and asking them going rates
@gtr784
@gtr784 2 месяца назад
Assumptions are fair enough, calc and yeild curve can be better. i get the point you are trying to say and the thought process behind it.
@radhey0123
@radhey0123 3 месяца назад
What percentage of 44ada you claim? 50% of invoice?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes
@MihirAAshar
@MihirAAshar 3 месяца назад
Stamp duty registration and govt charges taken into consideration?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Not for house 1 but yes for house 2
@Saikumar-ng1mt
@Saikumar-ng1mt 4 месяца назад
Strategy!!
@bored5993
@bored5993 3 месяца назад
If the water problem in Bangalore is not solved, rent of flats may come down..leave it going from 35k to 60k..
@Aadhav_Ilango
@Aadhav_Ilango 2 месяца назад
You think people will move out of Bangalore if there is water problem?
@10renganatha
@10renganatha 3 месяца назад
how to do you sell apartments in bangalore? do you go by brokers ? Is there a intrest from people to buy old apartments
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Yes brokers
@veenashreeperumal9461
@veenashreeperumal9461 3 месяца назад
You said you have invested in north Bangalore ( Devanahalli stretch) . But the rental is not that high as you said. You can expect high rental only in posh areas .
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Currently sobha dream gardens is going at 30-35 k for semi furnish, my other flat is under construction
@rohitA55
@rohitA55 3 месяца назад
What is the name of other project you bought in Mar’24
@vangujral
@vangujral 3 месяца назад
why isn't the video viral yet? Make the thumb clickable maybe, the title is solid
@raghu_vamsi
@raghu_vamsi 4 месяца назад
Hi Shahank, You showed 1.75 lacs saved on the first house as well which you sold in 2 years. In that case you are not eligible for tax exemption and you have to pay that money back to Govt
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
That 1.75L is not on profit, that is on home loan paid under 80c and section 24 for interest. That is deductible. What might not be is capital gains which is different
@NT24077
@NT24077 3 месяца назад
Hi Shashank - I don’t think you can claim tax exemption for under construction property. The first house tax exemption won’t be valid per my understanding as it was under construction. Deduction on home loan interest cannot be claimed when the house is under construction. Can’t claim under 80C or 24. Anyway for 80C, there are other things you would be doing as well, so would it be true to count this?
@WalterWhite-og6wj
@WalterWhite-og6wj 3 месяца назад
He's simply exaggerating stuff. He cannot claim tax for under construction property. Also, he didn't calculate the interest paid on principal for these two flats in 1 and 2 years. In initial years, interest component is on the higher side compare to principal.
@adagoudamakannawar4933
@adagoudamakannawar4933 2 месяца назад
Excellent update on how the residential apartment also could give better return & also from diversity on investment it is really very good option thanks for sharing this wonderful informative info
@soorajjp1847
@soorajjp1847 2 месяца назад
In which area did you buy ?
@mohammedtabrez3119
@mohammedtabrez3119 2 месяца назад
Indiranagar
@bhavneetsingh1198
@bhavneetsingh1198 Месяц назад
Before 2023 was good time to buy real estate. After that real-estate shot up like anything in Bangalore.
@johnabraham4232
@johnabraham4232 3 месяца назад
Very smart!!
@shilpamurthy8105
@shilpamurthy8105 2 дня назад
One Q: how did you buy underconstruction apartments without paying GST? You have not added that in your total cost too. Its applicable for all under construction projects! If you have bought it post construction, then the builder will force you to register which you did not for your 1st house. Sorry something is missing in your calculations.
@JayAccountant-ff1ju
@JayAccountant-ff1ju 4 месяца назад
Bro has a net woth at a young age of 30 thats impressive assuming your equity is 2cr 1.5 or 2?
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Equity 1.5 and real estate around 2
@stunshiva1
@stunshiva1 3 месяца назад
"Strategy" for researching the area/builder to buy a new home
@PankajRaichur
@PankajRaichur 3 месяца назад
Wr did you invest for your 3rd house? Bangalore?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Just bought at brigade orchards devanahalli
@harishyogi999
@harishyogi999 2 месяца назад
good job Bro.
@sghsjsrxz2481
@sghsjsrxz2481 3 месяца назад
Can u share names of all 3 projects
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Only 2 projects. I bought 2 houses in Sobha Dream Gardens. 1 new one at devanahalli called Brigade Orchards
@jainaaush
@jainaaush Месяц назад
sashank why dont you buy commercial real estate instead of houses? the rental yield is much better and the appriciation is at par the house?
@ShashankUdupa1
@ShashankUdupa1 Месяц назад
Agree - but i honestly dont have the time to maintain it, if there is a way to do that in simple ways then yes. Right now im strecthed for time. I buy homes like this where i see good upside and sell after few years- simple flipping
@jainaaush
@jainaaush Месяц назад
@@ShashankUdupa1 maintaining a flat or a commercial property would be very similar or not? Can you make a video or give a point of 2 in detail why it's hard to maintain a commercial property? My point was why don't you leave buying flats but only put your energy on commercial property?
@ShashankUdupa1
@ShashankUdupa1 Месяц назад
@@jainaaush for me buying flats r passive, i spend 90% of time in my job and stock market. If its commercial then i have to find buyers, maintain it, put generators, more compliance with local bodies, paint it, maintain it etc
@arjunpillai8172
@arjunpillai8172 4 месяца назад
Would love to know the thought process and research behind finding the location and right place and time to buy and sell real estate in bangalore.
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Will upload that as a separate video
@aum8136
@aum8136 3 месяца назад
Bangalore real-estate bubble bursting soon, water problem is first step
@ManishSharma-nq2fb
@ManishSharma-nq2fb 3 месяца назад
Good explanation but you could have added the heavy deposits amounts which owner receive interest free from Tenent.
@abhishekswarnakar6037
@abhishekswarnakar6037 3 месяца назад
Transparency Level🔥
@JayAccountant-ff1ju
@JayAccountant-ff1ju 4 месяца назад
What is that presumtive income? And where is your f and o income of crores?
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
Presumptive income is what i earn as a creator when i take money directly. Some ad deals and some youtube income and other affiliate income. FnO income is in my corporate company account called Udupa ventures.
@ngouthamreddy1
@ngouthamreddy1 3 месяца назад
July 2022 you bought it for 68L and sold it for 86 in Oct 2023, how come you again bought it for 68lacs in march 2024?
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Didnt buy it again in March. I bought 2 flats for 68L in july 2022. The 2nd house is what is the situation as of March 2024. I had bought it for 68, current value is 1cr +
@venkatramprasad1157
@venkatramprasad1157 2 месяца назад
I dont know whats the value over a period of time for apartments in Bangalore. Most apartments don't have good water supply and are dependent on water tankers. Plus lot of leakage problems and high maintenence payouts.
@UjwalSandeep
@UjwalSandeep 2 месяца назад
Can you also throw some light on what kind of a game is it to rent the building , built to suit PG accommodation, out to PG business? I see it as multiple tenants with one point contact for rent, kind of an affair...
@user-uu7ug9pd8l
@user-uu7ug9pd8l 2 месяца назад
strategy please. TIA.
@pallemchanakya573
@pallemchanakya573 3 месяца назад
Very Very Smart & Very Clever MAN......😄😄.....
@arsri7167
@arsri7167 Месяц назад
Good information very use full but 35k rental after 3 years 60k when is almost double that's too much.
@suii879
@suii879 4 месяца назад
You will be paying maintenance also right?
@ShashankUdupa1
@ShashankUdupa1 4 месяца назад
So sobha had this scheme where we dont pay maintenance until the society is formed. They took a one time advance from everyone included in the cost and said they will use it from that
@srikanthsreeram2179
@srikanthsreeram2179 3 месяца назад
Hey hi shashank, you are telling that you got a profit of some x amount on buying and selling the flat after one year but as you are taking flat on loan you need to pay interest for the loan you took for buying the flat. So i guess your profit margin will reduce if your remove your interest paid for the flat to clear the bank loan.
@ShashankUdupa1
@ShashankUdupa1 3 месяца назад
Already added that sir in the calculation. 250000 was interest for that year per flat. Its there in the video mentioed
@rahulshendre7089
@rahulshendre7089 3 месяца назад
thanks a lot
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