Rental income isn’t the upside in this investment. After 10+ years u may see upside. If ur goal is only rental then apartment

Software Engineer

Buy pre launch apartments from land owners instead of builders. If you can pay the entire amount at once, you can get a pretty good deal

Should we buy it at Hitech City 🌆  as apartment or outskirts as 3 Storied building 🏢 as it generates rental income , suggest where should I buy

Buying a house 🏡 as investment

Buying a house 🏡 as investment- Grapevine

Welcome to Personal Finance's Private Community

Should we buy it at City 🌆 centre as apartment or outskirts as 3 Storied building 🏢 as it generates rental income

Buying a house 🏠 as investment

Let's say you are earning ~ 2 Lakhs per Month, living in Hyderabad.

You have No savings - Bank balance Zero and U want to Buy some property With Loan or By saving up something.

The real estate is skyrocketed. So the rates are higher not sure whether it will shoot up again from this point or alteredy reached its peak and will be staggered for a few months or stable.

In this situation you are planning to buy a property. Will you 

1)  Buy an apartment in the Gated Community (~1 to 1.1cr)
2) Buy an apartment in the Standalone Building (80 to 90 Lakh)
3) Buy an independent house or villa outside the city (1.3 to 1.5cr)
4) Invest on some land for future 
5) Don't buy anything 
6) Confused 

Share your thoughts, what would you do and Why ? (P.S Consider you are in Hyd)

From the below options,Which one do you prefer and why

Software Developer

Looking for a stay near hitech City . How to proceed. Also where to look for flats. How much should I expect  the rent for a 3 bhk flat planning to share with friends.

Looking for a stay near hitech City

Considering the ongoing debate between renting and buying a flat, I've noticed many financial influencers suggesting renting and investing in mutual funds. However, there's a strong emotional aspect to owning a house, especially post-marriage and kids. What factors should one consider before purchasing a flat in metro cities like Hyderabad or Bangalore? Personally, I've contemplated buying multiple times, but after analyzing my finances, I've hesitated. I'm currently leaning towards ensuring my net worth covers at least 60% of the flat cost when making such a decision. In the long run, I believe the interest earned on my net worth could potentially cover EMIs during challenging times, like job loss or unforeseen circumstances. For instance, if I opt for a 2 Cr house, I'm considering a minimum net worth of 1.2 Cr across various asset classes like Mutual Funds, Stocks, PF, PPF, NPS, SGB, and more. What are your thoughts on this? #MiddleClass :-P

Buying vs Renting a House

Folks who bought real estate in Bangalore (primarily for living in it), what are some things that you wish you knew earlier before buying the property?
Also what are some things you would advise to new folks who are looking to buy property now?

I’ve been looking to buy a flat and have mostly finalised on A+ builder(Prestige) society but wanted to hear from experienced folks once. 
And I’m not a huge fan of taking hefty loans so planning to do around 50% in down payment and 50% in loan which I will aim to finish within 5 years. Is this a good approach??

Bangalore Real Estate

Insurance, investments, loans - fire away, happy to share the information I have / researched

AMA - personal finance

Growth Manager

Hi everyone,

I’ve been considering the decision of whether to buy a flat in Bangalore or continue living in a rented apartment, and I’d love to get some advice from you all, purely from a financial perspective.

On one hand, buying a flat comes with long-term benefits like asset ownership and potential price appreciation. But on the flip side, it requires a hefty down payment, long-term loans, and associated costs like maintenance, property taxes, and registration fees. Also, with interest rates and real estate prices going up, I wonder if it’s the right time to invest.

On the other hand, renting provides flexibility with lower upfront costs. However, there’s always the reality that rent increases over time, and there’s no asset to show for it in the long run.

I’m leaning towards renting for now, as it seems more flexible and financially less binding in the short term, especially with real estate prices in Bangalore being so high. But I’d love to hear your thoughts and experiences!

What do you think? Is it better to take the plunge and buy a flat, or is renting the more financially sound decision right now?

Looking forward to your advice!

Thanks!

Seeking Advice: Buying a Flat vs Renting in Bangalore (From a Financial Perspective)

I'm 26 years old and married. I'm having 4 YOE. I'm thinking of buying the flat in which I'm leaving as a tenant. My current rent is 6k. The flat would cost up to 22L.
I've 5L as cash flow.
Should I pay it as a down payment and take a loan 15L?
Any suggestion would be appreciated

Need advice on Buying a house

Systems Engineer

I am from Ahmedabad. Till now me and my family was living in a rented house. Now I shifted to Hyderabad with a very good package. Now I am planning to buy a home in Ahmedabad so that my family can live in our own home 🏡. 
Should I invest 70-80 lakhs? Any suggestions.

Should I buy Home?

In the age of rent vs buy, 
In the age where black money, investors flip land, apartments and houses.
How do navigate this situation , how do you buy a place to stay ? 

Also, kind people please post decent projects you guys saw recently, or bought in etc in Bengaluru.

Buying a house/apartment to live in Bengaluru.

Considering the crazy high rent these days(talking about localities in Bangalore), what makes more sense keeping aside the emotional aspect. Buying a house or renting one?

Side Note: I have looked at a calculator by Ankur Warikoo, but I don’t agree to the calculations made.

Buy or Rent a house?

Customer Success

I am currently in my mid 30s and I am thinking of purchasing a property near sarjapur road, and currently working as a software engineer in Bangalore, so I want to take the expert opinions of unsung heroes of the finance domain on grapevine. I have already paid the booking amount but still want to make sure I am making the right decision.

Is it worth Buying a flat (1.5 Cr) in Bangalore?

I've got a package around 40 LPA with 4 yrs exp, with 1.8L as take home

Now, my parents are looking to buy a house at my home town (tier 2 city). It costs around 65L, so have to a loan of around 50L which will be around 65k EMI every month for the next 10 years

Also I'm passionate about working on side projects doing some part time gigs, share around 40k to my family for their needs. This house loan will have a burden on me for sure, do you think it's the right decision to take home now or maybe postpone it to later?

Is House Loan better early in your career?

Senior Data Engineer

Im earning 1lakh per month in hand and I would like to buy a 3bhk flat worth 1.15cr in Hinjewadi near Pune this year.

Sharks pls guide in detail 

Also which home loans would be beneficial in long run

Feel free to DM.Ultimately your inputs as IT guys would be really beneficial.

Thanks

How much Home loan should I take?

Technical Lead

I want to understand if buying the property on SH 35 is the right decision which has connectivity to OOR and Whitefield within 10-15km from each side. Easily approachable from sarjapur road side and from whitefield side, in case my office changes from OOR to whitefield or marathalli side. Want know the opinion here.

Buying property on State Highway 35 near Sarjapur main road.

Welcome to Software Engineers's Private Community

I want to buy house, my package is around 15LPA but a  good 2bhk flat in the apartment will cost 1.4crore, for me it looks like impossibile with my current salary. I am totally stressed out with this.

I need your suggestions.

Buying a house 🏡 as investment

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