It feels senseless to do what we’re doing sometimes 
  
 This is all black money. They will always be well off. Their kids will go to a great school too. 
  
 For us it’s always a constant battle upwards.

Corporate Strategist

Waiting for this shitty real estate bubble to burst. Oh but wait, if this goes under the banks will go bust.

Software Developer

Welcome to News Discussion's Private Community

Flats worth Rs. 6.5cr sold out...Nexus of investors , builders & agents.....

Sell the inventory to your own investors , spread the news of sold out.....spread the word using Real estate agents...create FOMO....Lather, rinse, repeat!!

Software Engineer

Flats worth Rs. 6.5cr sold out...Nexus of investors , builders & agents.....

Sell the inventory to your own investors , spread the news of sold out.....spread the word using Real estate agents...create FOMO....Lather, rinse, repeat!!- Grapevine

After getting a bunch of 'buy a house' advice from my in-laws over the weekend, I decided to fire up magicbricks to check prices in Bengaluru. My browsing ended within 5 mins seeing just how much the prices have risen in last 1 year

A 3BHK that used to cost 2.3 Cr last year is now 3.7
A 2BHK that used to cost 1.8 Cr last year is now 2.7

These are two houses I had earmarked for sometime later when I would have more money

WTF is happening in BLR

Did you notice? Bangaluru housing prices have EXPLODED

Time to call in-laws and say that "Aap do jodo mei ladki bhejo ladki huio hamaari"

Analyst

FIR filed against Rahul Yadav. I think there will be a Netflix series on him someday.

Welcome to Personal Finance's Private Community

Any idea if there's a possibility to make some profits by getting a property at pre-launch from the tops builders (Prestige, Brigade types) and sell it 3-4 years later (Near possession)

I'm hearing a few folks actively doing this in Bangalore.

Reselling flats for profit

Product Manager

I guess Bangalore is Becoming the next Mumbai.Its so tough to get a good flat at a reasonable price in Bangalore. And if you are looking inside of Bengaluru the cost is so high. A typical 3 bhk would cost close to 2 crore.

And then there are set of builders who confidently say sir we don't give OC and CC.And no gives it in Bangalore.

And everything is already sold.Anyone would be like sir only few units left.

Even if you buy an apartment how do you plan on paying the emis.How many years.Do enlighten in comments

Real Estate Bangalore

Going to invest in a flat through fractional ownership route. (IRR -18%-25%)

Sebi also approved the regulation for it after reits.

Any last minute ip or suggestions?

PS - I don't want to buy a flat in metro and live in any metro for next 30-40y of my life.

https://share.gvine.app/A6jji86U7uixX9Xm7

House at South Goa

Senior Consultant

We've witnessed so many layoffs in the past year and this continues to be an upward trend. Bangalore is a city of IT professionals and these layoffs seem to have no effect on the real estate. 
Is this because the numbers are negligent? I don't think that's the case, my company has been laying off people since last year. It was never public. I'm sure there are lots of such companies. 
What are your thoughts?!

How is there no correlation to layoffs and Real Estate?

There is a lag effect, give it a few months and you will see rents and prices not increasing anymore

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?

What is happening to the real estate market in India? It is extremely tough to think of buying a place to yourself for salaried class without inheritance. All the metro cities have already gone beyond the reach of middle class income bands and tier-2 cities are also not giving any relief. 
50L seems to be the bare minimum budget to even discuss with brokers in the smaller towns. What is leading this rally? 
Contrast to a decade back, prices were still under reach for a typical middle class household with sub 10L household salary.

Real estate markets

Any good real estate projects for buying home in 50-60 lakhs in decent amenities project or residential areas in amruthaalli, jakkur, sahakarnagar, harlur, hsr, kasturi nagar

Growth Manager

Price rise last 1 year. Where to buy house in Bangalore if job is in Bellandur. Budget 50lc. 2bhk with balconies and utility + car park required. Atleast 1000 Sq ft carpet

Welcome to Indian Startups's Private Community

I want to diversify my portfolio, it's mostly equity (90%) and sgb + bullion heavy. 

I am not interested in buying a flat and no pressure from family as well.

Am considering good plot but in silicon valley it's hard to find and a khata b khata z khata is screwing me...plus nearby metro it's in 8 digit for 1400sq ft.

Recently I came to know about yours and brikitt start-up which help us buy costly flats at fractional Ownership and that too with IRR of 15%+ (yield 10%, appreciation 5%)

Should I consider this or just go with Reits like embassy etc?

Fractional Ownership vs Reits

Most people including me want to own a home in Bangalore. Usually we like to go for a new Apartment. My question is suppose you want to sell your apartment later in life( Moving Abroad, settling in a village for retirement). How easy or tough is it to sell an Apartment in Bangalore? Usually people say that Real Estate is an Appreciating asset, although rental yields are relatively low. Do share your experiences.

How easy it is to sell a 10 year old Apartment in Bangalore?

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Short built up .

YOE 10 
CTC Base : 33 ( it's below  gv standards )
Debt free no emi .

Need suggestions to grow at least 10x in upcoming 10 years . 

Monthly expense : 25 k frugal lifestyle. 
Corpus remaining: 150 k permonth 

Married  no kids . 

Savings till date asper snip attached 1.27 cr

Roast me on savings made till date

Cybersecurity

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.

Flats worth Rs. 6.5cr sold out...Nexus of investors , builders & agents..... Sell the inventory to your own investors , spread the news of sold out.....spread the word using Real estate agents...create FOMO....Lather, rinse, repeat!!

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