BouncyPanda

Loan for plot

Hi I am 25 and thinking about buying a plot worth 40 lakhs. My salary is 45k. I can manage 10 lakhs from my family and savings. Is it a good investment? My domain is RPA, is it a good field for at least the next 10 years?

3mo ago

1.8Kviews

Find out if you are being paid fairly.Download Grapevine

FluffyCupcake

Amazon3mo

What would be the end-usage of this plot for you? If it’s purely investment, I doubt if you can beat other investing instruments (with loan cost added) in this heated up markets. Certain pockets of real estate started seeing a correction. Good luck!

BouncyPanda

Persistent Systems3mo

I am buying for residential purposes, but the real estate market is really fucked up. Tier 2-3 cities have almost the same rates as Pune.

FuzzyPretzel

Shipbob3mo

How much does a cent cost? Which area is this? Plots are opening up in every nook and corner. So reselling it would be difficult because of the marketing by owners who are bulk selling.

BouncyPanda

Persistent Systems3mo

No, the area is good and rapidly growing, living there since last 7 years and I have seen the development with my own eyes

Discover more

Curated from across

Personal Finance19mo

by BubblyMarshmallowStealth

[NEED ADVICE] Should I buy a house at 23?

Context - Buying as an investment, don't plan to live there. I plan to live on rent. Current rent is 17k/month.

I'll keep it short for max input. I'm looking at some flats priced around 60-70L for a 2BHK. Rent in the area will be ~30k. ...

Comments

Are you sure you have researched enough where you will get 2BHK for 60 to 70L and yield 30K? For context I am paying ...

Build some more savings first. Make sure you have enough savings that after down payment (assuming parents not involv...

Personal Finance18mo

by QuirkyMuffinOla Electric

How do you invest your money?

mid 20s, ctc 30LPA(cash, non esops), monthly expense 60k(including needs + wants), how should I invest (~1.5L pm) considering following:

high risk appetite: do not want to invest in FDs
asset lite: do not want to invest in real est...

Comments

Move to Bangalore, give half of that to @BangaloreLandlord, put the rest in index, US and hybrid funds. Do stock tr...

Bangalore11mo

by JumpyDonutStealth

I want to buy a plot near Electronic city

Anyone who is into real estate and help?

Ask a question on Grapevine.

Get the app on Android or iOS.

Privacy Terms

Guidelines Help