Hurun Rich List (4): Real estate added the must #new faces. Adding 42 new folks to the list. Looks like real estate continues to be where the money is.

Hurun Rich List (4): Real estate added the must #new faces. Adding 42 new folks to the list. Looks like real estate continues to be where the money is.- Grapevine

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Hurun Rich List (2): The average age of the list is 64. Looks like becoming a billionaire is a very long term game, as expected :)

Product Manager

The sad part is one only thinks of real estate as an investment opportunity only after turning 26/27 types. I know multiple friends who did tons of research and were not able to conclude if this was the best option or not and have up…
I know couples/individuals who researched more than 30-40 options across bangalore and Hyderabad. They read real estate trends, read the FY statements of top builders, read numerous number of consulting reports and were not able to arrive at if their option is a best option or not.

Another reason being a real estate investment is likely to evil the order of 1-2.2 Cr in these cities and one is likely to keep 40-50% ( maybe more) of their savings as down payment and stick to loan for 10-20 years making it a huge thing.  Due to this factor we want to be more reassured of returns potential.

Does it make us want to be more reassured of the investment?
Is there way too much impact of right time right place in our life?
Is our generation not able to take long term decisions like our parents generation took?
Is it even worth going through all this and getting a house?

Any gyaans of real estate please help out here…

Real estate as investment opportunity

Product Owner

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

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Did anyone heard about 360 one wealth hiring india list 2023 . How can I get the list without paying.

Hurun India Rich List 2023: The list introduces 278 new entrants, amassing a total wealth of Rs 7,28,200 crore. Industries leading in new additions are Industrial Products with 33 individuals and Metals & Mining with 29.

Hurun India Rich List 2023: Ambani overtakes Adani, and zodiacs influence fortunes

One Wealth Hurun India Rich List 2023

Software Test- QA

The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - 
https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms

Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same -
https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html


Is anyone here in top 1%?

What it takes to be in Top 1% of India

Software Engineer

Hurun Rich List (1): Razorpay founders Harshil Mathur & Shashank Kumar are the youngest billionaires on the list at age 33

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?

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?

Software Developer

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.

Idk why they included this in the press release, but interesting 😂

Hurun Rich List (4): Real estate added the must #new faces. Adding 42 new folks to the list. Looks like real estate continues to be where the money is.

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