Should i buy a 3 bhk in Bangalore which is of 1.5cr or 2cr, and pay the Emi for next 10-20 years. Or i should consider some other alternatives.
I probably think you should consult a financial advisor. There's lot of personal financial advisory offering 1st financial plan for free. Like this one : https://1finance.co.in/request-a-callback
Returns that you will make in the form of rental yield will be less than 7% to 8% if we add the interest component of the EMI in the cost of Real estate that it will lesser than that.
There are a few types of mutual funds wherein with that Corpus you may earn at least 1L per month plus your corpus will grow at 12% if invested for more than 6 years.
When the amount is big always consult an advisor.
Try Pune because it’s a growing market for tech and GCC companies
I know a real estate advisor - 7887800557
We have a family income of 45L in Bangalore still don’t feel that we can afford a 3bhk in Bangalore. I’m not sure who is able to afford these houses. I calculated an emi of 75k per month for 1cr loan and I’m not okay to pay it.
Is it s...
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Given your low cashflow/salary, I am assuming you can pay around 15k a month in EMIs. If you get a loan of 15L at 8.5...
