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?
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!
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.
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.
No, the area is good and rapidly growing, living there since last 7 years and I have seen the development with my own eyes
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. ...
mid 20s, ctc 30LPA(cash, non esops), monthly expense 60k(including needs + wants), how should I invest (~1.5L pm) considering following:
Move to Bangalore, give half of that to @BangaloreLandlord, put the rest in index, US and hybrid funds. Do stock tr...
Flats or plots? Please share your inputs!
Flats: You save money for a few years and give most away as downpayment. Then for the next decade or more a major chunk of your salary goes towards EMI. By the time you are done with the EMI (10...