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.
@SmallPlane 70-80 would go to 1Cr
70-80 is the base price + AUDA/GUDA + GEB/Torrent+ Stamp + Govt charges etc.+ furniture.
80 pkdi ne hal,
24L cash( 30% cash)
dastavej na 80% sudhi ni loan thy 6 PSU banks ma 50L no dastavej thy 35L ni loan mle
Extra= (80L total) -(24L cash+ 35L loan)= 21L
Total cash component= 24+21= 45L
35L ni loan 20Y mate 70L thse etle
45cash+75(loan paid with interest) thodu Motu sahas to che baka 😬
Avu che mota, try to go with Swagat group/ any other gandhinagar, who can accept 100% white transactions. Gandhinagar will be a good ROI considering gift city.
That's my opinion only, discuss with your father/ brother.
Haa yaar, have to em laage chhe ke 2-3 years maate rokavu joiye.
Baki ROI nu vdhaare nthi vicharto hu kemke aatla varash thi jya rehta hoy tyaaj samaj bni jaay ne bhai. Bija koi area ma rheva ma mjaa j naa aave to ghr shenu
Did you guys converse in Gujarati? How will we benefit from the advice now! Please translate for us 🥺😭
For Family yes. If you can afford one. Go for it. A sense of security is always required. Also it will be a permanent home for you too.
I thought the same. But little bit afraid of taking loan. Salary is good for paying emi but nowadays the major problem of layoffs is there.
Then accumalate some liquid cash first. Dont be in hurry. Keep looking for good deals.
Buy, when you can basis cash, or at least very minimal loan... No job security these days, don't let emi become a monster.. If it means, few more years of waiting and saving, so be it
+1 on job security, they will say property prices will be high, but so are salaries!!
Don't take any decision without covering edge cases, parents might get retired, there may some medical expenses going further, marriage, car, kids do many goddamn fuck to deal with 🌚
Kabhi kabhi lagta insan hi q banaya, kutta banate to at least mst sadak ke bich... Jane do 🤣🤣
Are you planning to sell the house in a few years? If not, then it's not an investment, it's an expense for lifestyle upgrade, treat it as one.
There is no plan for sell. My parents will live in that.
If you have good package, continue in a rental home for now ( maybe furnish it better or move to bigger house) Renting is risk free, loan will get you in deep trouble if god forbid tomorrow layoffs happen. Do you want to be in the situation where you cant pay emi because of not having a job. Private jobs are risky, either accumulate enough cash or wait a bit. Dont get stuck into the emi trap, just when your conditions have improved. Use this privilege to enhance your career situation even better in next 2-3 years, climb that career ladder with freedom.
Assess the situation well, dont fall for mental traps.
@GolDRoger 🫡 for providing amazing advice to unknown folks on GV. You earn respect!
Go for it only if you have full cash in hand, Never go for it with any loan, NEVEREVER !!!
If that guy is working in TCS, by the time he has full cash he'll be 50YO for sure 😀
Any reason not to opt for a loan? Please guide us!
If you are the only bread earner right now then wait till you accumulate a good amount of assets. Then buy the home
Why not?
Yes. You should buy home. 👍👍
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I am planning to buy an apartment.
Budget- 1-1.2 cr Location preference- Any good location with a connectivity to Hitech City
