😅😂😂 i was waiting to hear some strategy when he said batata hoon Ghar kaise Lena hai, aur jaise hi bola ek ladki dek lo Jo 50 hazaar kamati ho I was like wtf 😅😂😂
haha Ye Chahcha Bahut chant hai .. actually me ye Property dealer tha chota mota types retirement jo shuru kar lete hai .. Kabhi chacha Relations pe pel rahe hote hai gyan to kabhi politics to kabhi kuch aur .. Hamare ghar me b 1-2 hai .. Usse influencer nahi Bakait kehte hai .. Mere ek uncle dialogue marte thay .. Bhai tu bakaiti kam kiya kar ..sala kaan se khun nikal deta hai :) hahaha Bakait chacha ..O wale chicha
I am 40 years old now, got engaged in April 2009 (age 25) after MBA with 50,000 salary that time and booked 1 BHK in mumbai for 28 lacs, sold that in 2014 for 65 lacs. It was truly best decision of my ‘financial life’ while I was a Equity Research Analyst
@@garvitkasal9231 I agreed, high pay results to high emi, fake high lifestyle on loans, poor atmosphere like in Delhi, NCR results health issues mental and physical leads to spend money to improve health. Overall if u compare it in a genuine manner not in a materialistic way or if u treat it as success in life that's the another thing. But if u want a slow and less stressful and simple life try to live in ancestral home, no emi, no stress, do job which is less stressful may be u will get low wages but u will be less stressful in life. Rest ity everyone's choice and preference what they want in life. Nothing wrong in both ways of life. Actually I worked in tier 1 city, party disco, club, alcohol, fake lifestyle all these things looks good and enjoyable from outside but inside it kills ur mental and physical health. That's my opinion. Maybe it's wrong but the old saying is still right Simple living and high thinking.
Here in Lucknow they will hire you on Rs35,000 per month. Then after a few months they will delay your salary by one week regularly. They will pay you every five weeks instead of monthly. Then after six months after discovering that the employee is totally dependent on his salary they will pay Rs25,000 in stead of 35,0000. In order to discover how desperate the employee is he will be overworked and the owner will shout at him regularly in front the clerical staff. In the end his take home pay will settle down to Rs15,000p.m. This is the iron law of demand and supply in hindi society.
Don't they hav any offer letter or employment letter,they should be dragged to court or make viral on social media taking their name and linked in , everywhere,they should be taught lesson
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Loan relation me lene hi nahi chahiye. Banks loans dene ko pichhe ghum rahe hai 😂 Han parents apne bachchon ko jo dete hai wo loan nahi hota. Ghar me parents bhi rahete hi hai at least mere sath.
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
@@RebelliousBahu My sister's situation is almost the same. She earns 75k but her husband earns 45k. And yes, she also had a love marriage. Her relationship lasted for 12 years till it culminated into the sacred bond of marriage.
But 25 yrs ke age mein 50 k ka salary nahi milta sabko, and shaadi bhi nahi hoti. What he is saying is very ideal and the person needs to be so much blessed for so much good to happen at such young age of 25
@@nishant115me Please check stats of how many people earning what amount(from tax declarations). And consider married percentage, male percentage etc etc, youll get to know the real number
Bhai khud ka job aur ladki ka job to bhul jai. Ye batao ki kitno ke family ke paas 15-20 lakh ka savings hota hai? Itne amir in laws honge to uske saath shadi kyu dega? 😂😂😂😂
Bought House in Pune... Now Transferred to Mumbai 💀 Ab Jitna Rent mil rha he Pune se usse jyada Mumbai mein Rent pay Kar rha hu💀... Upar EMI chal rhi he wo alag 🙄 ... This uncle is Real estate agent and also because of his age.... he's giving worst advice to youngsters 🙂 Please never buy house in 30's.... It's a blunder
@@piyushdas0794:41 You are doing the propaganda so that other people are dis illusioned and don't grow better than you. Of course Mumbai is costly than Pune and of course you need to pay emi of you have taken a loan. You hid a lot of facts either you are a fool or spreading propaganda so that other people don't catch up with you.
What you're telling is 100% correct. I am from Tirchy I constructed a home in a plot, at a cost of 20 lacs in 2010. At the time the rent was2500rs a month.. Now, it is 8000 to 10,000 a month. Rentals appreciate better than fixed deposit.
kiss middle class baap or sasur ke pass 50 lakh hoga? jiske pass hai who middle class nahi, who crorepathi hoga... multiple income hai tho kutch ho satha hai
Benifits of having a own home - 1. Mental satisfaction 2. Freedom from job if the home is loan free 3. Most of the times 20-30% salary goes into paying rentals it is saved at the same time you have your own asset in case if something happens to you family gets a saver net (private insurance don’t pay money to families after the person is died , they show their rule book ) family is secured 4. If home is bought in early twenties till 35 the home is loan free. 5. If you buy home after 35 your life is gone you will be 50 by the time the home is loan free
I appreciate your enthusiasm for homeownership, but I'd like to offer a more nuanced perspective: 1. Mental satisfaction: While owning a home can bring satisfaction, let's not overlook the significant stress and responsibility that comes with it, including maintenance, property taxes, and potential market fluctuations. 2. Freedom from job: Being loan-free is a great achievement, but it's crucial to consider other financial obligations, such as retirement savings, emergency funds, and healthcare costs, which may still require a steady income. 3. Savings on rent: It's true that renting can be costly, but let's factor in the additional expenses that come with homeownership, including maintenance, insurance, property taxes, and potential HOA fees. 4. Early investment: Buying a home in one's early twenties may not be feasible or advisable for everyone, especially considering other financial priorities like education, retirement, and emergency funds. Let's encourage thoughtful financial planning rather than rushing into homeownership. 5. Timing: I disagree that buying a home after 35 means 'your life is gone.' People's financial situations and priorities vary greatly, and it's essential to consider individual circumstances rather than making blanket statements. Tell me what your thoughts on it are?
I bought a house last year at 24 years old, obviously with some of my savings and bank loan. Now I feel it's the best decision..yes I pay emis above 50k but the savings on income tax, property value appreciation, good credit history, etc justifies all of that. Plus I earn more than what I did before buying the house maybe that's a psychological reason because the bar is set high so I push more towards earning. Nothing can beat real estate and God's money (gold and silver).
1. 50000 Salary is an Outlier. Ask a Dmart employee or any Mall employee how much salary he gets. 2. A 1 BHK house in Mumbai costs minimum 1 cr. Do u know what the EMI comes to? 3. Everybody does not have wealthy paretns or in laws who will give 15 Lakhs gift during marraige. 4. U cannot assume that marraige will be successful. Girls have become very demanding and dominating nowadays. Solution: Find Multiple sources of income. Try to be self employed. Keep a tight leash on your expenses. Do not buy that expensive Smartphone or a jazzy bike. U dont kneed it. Buy only what u need and at reasonable prices. Avoid habits like Bai, Batli, Jugar, Nasha.
That's true, I am a software engineer from Bangalore and I found my life partner only after searching for 2 years in arranged marriage. I couldn't find a girl even though I am from a good financial background and also a handsome personality. That guy is probably not updated and he still thinks finding a girl is very easy
No even u become very cunjuice Stingy Nah ur monthly expenses are 10k and u earn 16k U cant If u get suck or other marriage kidds or parent helth ishuu Thats not gona work U have to increase ur income 2 to 3x Thats only solution Me inwork for 10th class 5 yers of work There only way increse income And job was not option They give very low pay Blue coller jobs
An average home in Tier 1 city costs somewhere around 70-1 Cr. Considering people with normal salary will give a down payment of 20-25 Lac, it means a loan of 50-80 lacs at 8.5% approx. EMI comes to around 45-70K per month. Rent for similar property will be in the range of 25-35K per month but there is no binding commitment or stress associated. So ultimately, it is a very personal and subjective choice. There is no one shop remedy.
20-25 lakh abhi kaha se laoge...har koi to nahi laa skta naa..aap la skte ho maybe...har koi itna ameer nahi...there are many jinhone abhi achha kamana shuru kiya hai@@gamesong6600
@@onceajordan wahi kah raha hu, risk to hai hi, par agar manage kar le gaye to ban gaya kaam. Person person ki baat hai. Chadar dekh ke pair pasarne hai chahe emi ho ya rent
Prices are increased by investors. All offices are started from office. So price will not increase in next 3 yrs. So just wait.. Do not go in fomo. But keep investing in stocks market. And once you get best deal then buy. And if you are investor this is the best time to sell property.
Nobody buying these days. Very few NRI, business men and corporate people in their 50s 60s, who are just about to retire(both husband wife are working).
39:22 Expecting 20 lakh from relatives is a big assumption. Nobody gives that much and if they do, you will also have to keep giving comparable contribution in every relative's wedding for the rest of your life. In many places in the video, his "solution" involves some initiative from the government (government kuch aisa karde types) or some societal change (relatives give 20 lakh as wedding gift) . So at least part of the solution is wishful thinking and not executable based on things in your control. I follow him, its a pleasure listening to him but just wanted to point this out.
You should buy a house to stay in. Don't buy extra houses but the primary stay should be in your own house. Once you have kids you need stability in your life. Ab har baar pack Karo, dusri jagah jao, kaamwali bai dhoondo, tuition classes naye, kids ke activity classes phir dhoondo. Kids ko nyi society.ein friends banane honge. Ghar ke senior citizens ko kahan uthake same sheher mein phirte baithoge. Doctor Naya dhoondo Jo paas ho. Not everything can be about money. Agar aapki transferable job hai then I understand not buying a house.
Important point is that real estate is cyclical. You need to invest at the right time. Stock investment gives far greater returns. It does not matter what you invest in, everything depends on your financial situation. Further slowly income tax is removing tax deduction on housing loans. So it is better to invest in equity initially for say 10 years and then go for booking a house
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Mr Mahadevan, not everyone is knowledgeable about stock markets like you seem to be. I see many people engaged in derivatives trade and losing big time. So making good money in market is a mindset rather than skill, which many people don’t have. Equity investing is known to hardly 6-7% of population. So why expect that everyone should avoid real estate and go for equity ? A 60 lakhs apartment will become almost twice costly in 10 years. So a person without equity knowledge has no point waiting. If he can, he must buy his own house for the sake of consumption.
This is such good advice. My biggest regret in life is that my Father in law and my mother spent a good 40 L for my wedding. Just because "hume shauk hai". What a complete waste of hard earned money. The worst part is that both side parents were also utter unhappy because mine was an intercaste marriage. I mean I love my family, but boy are they stupid and myopic. My husband and I really wish they had arranged a simple wedding ceremony, and kept the money for themselves
I totally agree with him. My current age is 27. I bought land in 2020 just after covid because I knew after covid rates will increase. My family used to live in rent for over 20 years. I bought the land in 2020 July. Waited for 1.5 years and in 2022 build a basic house within my budget. I have saved over 2L in rent in 2 years only. And in 4 years the land prices has doubled 2x from my buying price and construction cost has also gone up 20-30%.
you did not save anything.... you bought a land... the cost of that land was your Opportunity cost... uspe jo basic FD ka interest h wo gaya tera.... Upar se us paise se tu jo mauj karta ya koi kaam karta... wo bhi gaya tera.... toh profit nahi hua kuch... and only 2L in two years... so you are saving merely. 8 thousand every month. Now if you bought that plot for say 7Lac (lol) then your annual FD interest (8.5%) will be 60K. Uske hisaab se sirf PLOT ka price jo h .... us paise se tu har mahine 5000 ka interest kamata. Now just imagine ki tara ghar pura ... plot + construction agar 10L se jada pada h .... toh you are making a LOSS every year.... PROFIT nahi.... Koi savings nahi h... you are still in loss.. You will make savings after you hv stayed in that home for 10+ years ... samjhe sir. If i am wrong then do enlighten me.. would love to know your calculations too.
I think you took a great decision. In most cases parents have house, so their children will live on rent in cities. But if you parents dont have house and youre doing good in life, I think you should give your parents comfort of their own home
This is the Truth. Buy or build a house when you have money. What if you lose your job later. How will you pay rent then? And you have to.pay maintenance charges also
@@piyushdas079 yes. You are right. I completed my 12th in 2015. I should have that much money just after few months after my school. How much you had when you just passed your 12th class?
Sir, it’s astonishing that you advocate buying a house with a 4-5% rental yield over investing in mutual funds with a 15-16% annual return. Such great clarity, sir! Please keep these revolutionary ideas hidden. To anyone lacking basic financial literacy, you might appear as a financial guru, but in reality, they’ll end up spending decades paying off a home loan. Let's do the math: over 20 years, a house with a 4% annual rental yield offers a total return of approximately 220% (assuming compounding), while mutual funds offering 15% YoY returns would give you around 1600%. That’s nearly 8 times the return! People will be shackled to a mortgage for their entire lives, receiving returns that are a fraction of what they could have achieved with mutual funds or SIPs. (I’m talking about investment properties here, not primary residences.) Yes, owning a house might make sense emotionally if you don't have one already. I understand the emotional attachment. But if we're talking strictly financial sense, your advice is disastrously misguided. I usually appreciate your perspectives, but on this topic, your views are entirely off-base.
If you dont have a house , then house is something which you enjoy and it appreciates too. Mutual funds appreciate too but until you take it out , that is just numbers on a screen.
@@leodevil16 100% sir , I agree with you on this point But that being said , Real estate is not a good INVESTMENT when compared with other options ( one of which is Mutual Funds ) I already mentioned in the last para, about owning a house if you don't have one is great great step .. but this is NOT Applicable to 2nd house , 3rd house and So on So automatically after owning a house where you live, STOP BUYING PROPERTIES and instead go with Mutual funds or Stocks or Plenty other options
Can u please explain more? He says rental yield remains 3-4% but it is calculated on the overall price of the house so today you'll be earning 3-4 percent yield on 100 rupees but tomorrow also you'll earn 3-4 percent now on 120 rupees BCS of capital appreciation
Also when you pay 20k emi vs 20k rent per month after 15-20 years the emi still remains 20k rs per month, plus it usually ends within that timeframe whereas the rent of a house which was 20k decades ago would have now increased to 40-50k rs per month...even after paying so much money for 20 years you still have nothing in hand and there will be one day when you're earning capacity perishes...
Buy or rent which is good? Do Buy because, my grand father is to live in rented house, but in his very old age, land Lord ghar se nikal diya bcz yeh mar gaye toh apshakun hoga aur pooja karana padega ghar mein.. My grandma struggled lot during bcz they didn't had roof over them.. Ab bolo bhai kya kare 😢
Definitely one should buy a house but in their late 40s or early 50s. Till then switch jobs to earn more and invest heavily in equity and your corpus will be enough to buy a house without loan (which will save tax under Section 54F as well) and couple of crores more to live a peaceful life.
No one says dont buy house ever. Usually advice is given to not buy house in the prime age and invest it then buy in 40s or 50s. I also think one should buy home in 40s because salary is increased so you can pay loans in lesser years and you substantially invested money in the market in 30s. Also you are now clear where you want to stay because many people specially in my field IT, people get chance to go to another city, state or country for some years. If you want to buy many rental properties then thats a different ball game altogether then you should start in 30s.
Biggest issue in buying a house in tier 1 city is water and other amenities. Many high end apartments in Bengaluru ran out of water recently and are completely dependent on tanker mafia. Imagine you spent your life time savings and then you realise there is no water , generators runs for minimum 7-8 hours a day while your maintenance increase MOM. Your basement gets flooded in 2-3 hours of rain. Don’t fall for this real state trap. Stay in rent. Move on once you find a good deal or current apt becomes unlivable. I bought a house 10 years ago and now I will never buy a house in tier 1 city. It’s better to buy in tier2 or tier3 city or plots or farm lands. Just my personal humble opinion.
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Jitna me mahilao ko samajh paya hun, unka dream hota hai ki ek lavish shadi ho, mehenge kapade aur sone ke necklace, bracelets aur ear-rings ho. Aur jis ladke se shadi kare uska kam se kam apna makan ho, aur wahan ho bhale 2 wheeler ho. Baki 50 kamane wale se wahi ladkia shadi karne ko agree hoti hai jo housewife banna chahti hai, atleast lower to middle- middle class gharo me jo janta ya LIG ya MIG me rehte hai
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
emi is burden when you are going or purchasing out of your budget so us hisab se hi loan lena hota hai ki earning ka bohot jyada bhi na chale jaye nahi toh koi dusri proprty dekho
@@successwinner009 burden will be always there till death brother , life jiyoge toh hi toh burden ayega nahi toh murde ko dekhlo na hai jindegi na hai burden , aj ghar ka burden kal bachho ka future ka burden , budapa mei medical ka burden toh bhai life aisi hi hai ,...sab kuch utna burden karke maat socho toh aur burden lagega,,,,, sabke life mei burden hai ....mere 3 bare loans hai 😂
First of all build a liquid corpus .Ghar ek illiquid asset hai Stay away for your first 10-15 years of your career.Inko mortgage calculator khol k dika do..Only banks earn. Ghar lege apne paiso se .mortgages are the biggest source of profits for the Banks..
one thing you missed, as a 25 YO. Right I'm in mumbai, but not sure where i'll be next 2-3 years. So buying house so early doesn't make sense until you are sure enough that you are going to be in the same city for life long.
Also inspite of galloping population of India he advises middle class to produce two children! Will he pay the expenses of any couple for raising even one kid ?
Sir na to rent hamesha badta hai na hi Ghar ka price Mumbai me aake dekho 10-12 saal purane flat ka bikana muskil ho ja raha hai kyuki log jayda paisa dege Naya construction Lena prefer karte hai
Bhai new construction me 4-5 saal wait karna sabke bas ki baat nhi especially when u need to keep paying rent in that duration, so there r all sort of buyers
Yaar , hum indians me family se itni expectations kyon hai. Khud kamao khud karo. Maa baap se bilkul paise nahi lena hai.. do not mess with their old age funds.. worst advice i have ever seen
1.Any type pf house u wud be locked in for 20yrs loan not sure todays youth wants to work for 20yrs 2.We want flexibility if tomorrow an oppty comes we want to grab it if in a diff city or country 3.We dont have time/energy for maintenance the house or finding tenants or ensuring they pay rent on time 4.With shares/mutual funds you have flexibilitu of selling in parts for your needs you cannot sell bedrooms in a house 5. With rent one can upgrade /downgrade basis current situation of the person. Ppl with young kids want to move to societies with more facilities nd open areas bigger carpet area maybe after retirement one wud want to move to somehere outside the city bounds and probly a more compact space.Staying on rent gives u this flexibility.
Super stupidity (or super scam). Don't buy a house till you have a good portfolio of debt and equity funds. Lot of (hidden) costs and headache in buying, maintaining and selling a house. And the actual return will not be able to beat PF rates (a great tax saver) in the long term (10+ years). The best decision one can take is to not buy a house and instead build a portfolio without the headache of a loan. In 6-10 years time, you will be able to buy a house in cash with enough savings / portfolio. Don't listen to these fraudsters manipulating numbers and rates as per their convenience.
@sangolifesutras came to founder's den and got trolled for having strong views on family, marriage and settled life. You need to understand, the youth today does not want a settled life in a job. They want to keep experimenting: startup, date, holiday and then after everything fails, get a PHD, start a youtube channel or get a dog.
He said it all correctly 1. Have a home that you can afford, so unnecessary expenses are controlled by emissions 2. Have sip of additional amount for future. I have followed the same, I would add one more point Buy an apartment that is in budget segment so your emi load is also less, and become debt free at the earliest.
My 2 cents, buy home when EMI of home forms less than 20% of your family's monthly income. Crisis occurs when a family buys a home with 50% EMI liability, a family not only needs home they want it with basic necessities for which family heads have to again take a liability. In the mean time all other liabilities corners major expenses... Thereby he left with almost 0 investible amounts.
Bhai uncle ji ko sapno ki duniya se bahar nikalo aur chai pani ke liye poocho kuch jayada hi bhavook ho gye aaj. Mere ristedaro ne to dene se mana kar diya aur ab builder bhi shadi ke naam pe discount dene se mana kar raha hain. Govt. se shadi ka card dikha kar registry me discount manga to dhakke maar kar office se hi nakal diya. Ab mera flat to mara gya na?
People only remember food. Nothing else. Focus of authentic Vedic rituals (marriage should happen before evening), and then food. That's it. 2 lakhs yours and 2 lakhs your to be spouse. Or make it 2.5 lakhs per person. Even that will be 10% of net worth of most youth. It's a financial issue.
ABE BUDDHE 50000 SALARY KOI HALWA HAI KYA PRIVATE MEIN 20000 SE JAYDA SALARY NAYA JOINING MEIN NAHIN MILTI 50000 HAZAR KI SALARY KITNI KI HOGI BAHUT KAM LOG HAI JO 50000 KAMATE HAI MAHINE KA YE GYAN PELNA BAND KAR
Love the way he explains things, and I mostly agree with his points of view now that I own three properties, the first one i bought when i was 25 years old.
Ek baar EMI katne lagega 60k-70k ka to samjhega kitna burden ata hai dil pe. Fir boss thuk chatne ke liye bolega to bhi chatna padega, kyu ki EMI bharna hai.
Ek dam correct ye uncle mujhe real estate business ka lagta hai jo youth ko emi me fass rha hai pehle ki baat or thi mere papaji ne ghr banya tha full cash me 90 Apne town me tab ye concept nhi tha loan ka or hota bhi to mere papaji na lete kyuki loan ka matlab hai Apne app ko gulam bana lo bank ka fer wo tumko kahi bhi nachawaygi hai ager return fix hai ki 8% le kar 12% bana lete ho to loan ka soch sakte hai or mere papaji government job me hai .
It is senseless to debate on Real Estate vs Mutual fund. Both are different assets. One should diversify investments. But always use basic maths of how much loan you should take so that your life doesn’t become hell in paying EMI. Uncle ji says price will hike over years but at same time Nifty is also increasing year on year. So both are at their own space.
No one person can give solutions for the problems of all. If anyone is saying all those guys were wrong and you should listen to only me, then you should be suspicious of that person. This is how self proclaimed gurus are born and history has shown most of the time they are trouble.
Guruji k hi diye gaye data ko refer karte hue kuch doubt create hua, agar gurugram mein koi decent house abhi 2Cr pe mil raha hain toh sade conditions jaise savings+parents+relatives+freinds ( halaki relatives & friends sound too impractical) ko lagake v 50L se jyada down payment karna kisi v middle class k liye in late 20s or early 30s mein muskil hoga. So atleast 1.5Cr ka loan, almost 1.4L/month EMI (20 yrs), obviously kisika v family income upto 1.6L tak income wale afford nahin kar payega. But woh same person isi house ko 50K(guruji k hi 3% rental yield) rent pe afford kar payega with some savings too.
Rental afford is not ownership man... Basic thing, when you own something, you have an attachment... Basic psychology hai, jisko age 40+ hai us se pucho, the moment you own a house, your free money in hand decreases and a discipline comes into you life.. And agar wo abhi afford nhi kr pa rha property ko .. To technically, same property ko wo kabhi afford nhi kr payega ... What do you think, same property ko 20 saal baad afford kr payega?
What the guest is saying, agree with him. Buying home early has many benefits, your and your parents are healthier than they would be later, in early years children's expenses are less etc. It stops you from making many unnecessary expenses, and you start differentiating between what you want and what you need. Yes initially it seems as if your life is painful, but as the years pass by your income increases, you can part prepay if you get any extra money like bonus, gifts etc. Also your rent will keep on increasing but EMI will remain same. Plus add to it brokerage and moving charges every 2/3 years. One more important thing is buying a home will bring a " thaharav" . I don't know any English word to explain it. He has given you many ideas like instead of spending money on extravagant wedding, one can opt for low budget one and use the money in buying house. You just have to find what suits you best. Lastly instead of thinking why it is not possible, think about what needs to be done in order to make it possible if you want to buy one.
Every real estate agent talk. Ghar la lo.mehga ho jeayega. If young generation more invest in stocks Indian home price is affordable for all. Over hipe by agents
Bhai safai karna wala Jo toilet /Ghar ki deep cleaning saf karta hai Gurgaon Noida main uski 1 din ka 2000 hai ,agar viswash naa ho Raha ho naa urban clap pa 3bhk deep cleaning ka package book kar ka dekh Lena kahin Mann m wahan rah jaaye
Real estate is now on all time high ab kharid ke fayda nhi .. because after a bubble there is always a correction it could be decrease in price or could be a time correction
सर, मैंने 5 छोटे फ्लैट 2 bhk का स्टेट कैपिटल मे किरया पर चढ़या है 55 हज़ार महीना आता है बहुत मज़ा आ रहा है बहुत लोगो को ज्ञान मत दीजिये, सभी घर खरीद लेगे तों किरया कौन देगा 😊😊
मेरे ग्रैंडफादर ने प्लाट लिया था 5000 sqft का मैंने उसमे से 2100sqft के साइज़ मे डबल मंज़िला 6 फ्लैट बना लिया और उसका 9000 ₹ per फ्लैट का रेंट मिलता है यह सब मेरे ग्रैंडफादर के कारण पॉसिबल हुआ है
Having own house is a huge security ..... buy if you can and withing reasonable limits....dont go for 1cr property if you can at best afford 60 lac house
Ok to buy a flat for self occupation- but to buy as an investment is not viable. If the owner has problematic tenants - non payment of rent, damaging flat, refusing to vacate - it can be a nightmare - because it is not at viable to get justice from courts. Problem with buying for self occupation is that owner may get better job opportunities and need to move. In this context stocks or Mutual funds are a far better option
Do you think that Indian tier 1 cities or tier 2 cities real estate could give you better return from now as current real estate market is beyond 100 times of india per capita income.. In greater Noida near by sector 135 location where most of IT and other corporate offices existed, still Jaypee Green society and other top builders like tata or samridhi selling flat 1.5 crore onwards.. but no one is buying them since many years.. who so ever bought them initially, they are not able to sale them even real estate market is on the top.. I still would suggest people to stay on rented flat and enjoy life after investing into SIP for longer period atleast 28 years.. start your SIP and step up by 3-5% every year from your 23 or 24 age according to your capacity.. try your best to save atleast 20-30% saving out of in hand salary.. no stress.. easy life.. bcoz private job is very unstable..
I think a property should be bought in two places only, first is in your hometown where you know everyone and everything, second should be in a place where there is a very good hospital and an educational institution. by the way my father died in his forties my mother got every single penny back with interest within 1 year so, it is totally rubbish to say these kind of stupid things, no asset should be bought at inflated valuation, whichever is at its historic Valuation will book in most of your life.
He advises us to ask money from relatives and in-laws. In laws kahi isse dowry na samajh le. And will you be doing the same for your other family members to get them a one BHK? Kyunki ghar ki zarurat to unhe bhi hogi.
Never never never buy a real eatare on EMI..if you already have a home esp fathers home. And NEVER think that you will put it on remt and pay EMI from Rent. If you have money layimg aroumd then its the best investmet .
People take Example of Rakesh Jhunjhunwala that he regretted that he sold his flat for lesser profit than what he earned on shares. But seldom people know that he was a operator and used ro influence the market.
But how will we first convince a woman to get in this arrangement? Have you thought about it? And woman in general want to get a partner who earns more than them. And I feel that Mr. Amit Sangwan thinks that a good relation will be made just by getting two people under one roof. Isn't this old way of thinking. What if the lady doesn't share the same feelings for the man or visa versa or both don't end up loving each other. All this for a one BHK flat? Maybe I am biased but if you may tell me how is it making sense to you?
I'm sorry, but I couldn't go ahead with this video. He's giving horrible advice, very crass way of saying find a girl who earns 50k , I mean we don't need advise from people who think this way. Youngsters looking for good financial advice, first please find out your investment style what makes you comfortable and let's your sleep better. Investment is not a destination but a lifelong journey. Once you start, you'll figure it out. But honestly, think twice before taking advice from anyone, be it finfluencers or other uncle. Everyone has a different style of investment, and no one should enforce their views on to you.
What I understand is you need good sophisticated words like “independent woman” , “youngsters “ etc. but just translate the advice he is giving. If it doesn’t make sense then give some comment on what you think is correct. It should open discussions not complains all over.
@@sidhu0081 But how will we first convince a woman to get in this arrangement? Have you thought about it? And woman in general want to get a partner who earns more than them. And I feel that Mr. Amit Sangwan thinks that a good relation will be made just by getting two people under one roof. Isn't this old way of thinking. What if the lady doesn't share the same feelings for the man or visa versa or both don't end up loving each other. All this for a one BHK flat? Maybe I am biased but if you may tell me how is it making sense to you?
Mutual Funds Sahi Hai ! Investing in Equity can create more wealth than one can ever imagine. The 20-25 year returns of Sensex and Nifty are valid proof.
Marry someone for money marriage is so complicated and this guy is telling us to marry somebody just for salary. Remember this because if you marry for money you will not be happy with life because elders said Happy wife is equal to happy life😂
📌📌Watch Part 1 Of This Podcast: How to get out of MIDDLE CLASS TRAP? 🤫: th-cam.com/video/2FZAA-jxYko/w-d-xo.html
4:28 5:36 5:50 6:06 6:22 7:00 16:20 19:33 18:26 9:12 14:22 14:32 12:34 13:46 19:36 19: 19:51 19:51 36 20:11 19:39 19:45 :39 2 20:41 0:01 20:0 20:19 1 20: 20:50 20:2 2 21:09 21:09 0:55 9 20: 21:30 21:20 21:23 21:27 29
21:55 21:59 22:01 22:05 22:11
22:45 22:49
24:39 24:43 24:51 24:39 24:55 25:11 25:01 25:1 25:13 25:17 25:22 25:27 3 25:33 25:35 25:45 25:47 25:47 25:50 25:55
Pura pravachan sunne ke baad, comments me experts aur experienced logo ka gyaan dekhne me asli value chupi hai
Steps to buy a house:
1. Marry girl with 50K job.
2. Ask money from both families and all possible relatives
3. Buy house.
LMFAO chacha
😂😂
Chacha pagal ho gya hai
😅😂😂 i was waiting to hear some strategy when he said batata hoon Ghar kaise Lena hai, aur jaise hi bola ek ladki dek lo Jo 50 hazaar kamati ho I was like wtf 😅😂😂
@@ragnar000lothbrok iske bacche kisi ko nahi batate honge ki yeh unka baap hai...
haha Ye Chahcha Bahut chant hai .. actually me ye Property dealer tha chota mota types retirement jo shuru kar lete hai .. Kabhi chacha Relations pe pel rahe hote hai gyan to kabhi politics to kabhi kuch aur .. Hamare ghar me b 1-2 hai .. Usse influencer nahi Bakait kehte hai .. Mere ek uncle dialogue marte thay .. Bhai tu bakaiti kam kiya kar ..sala kaan se khun nikal deta hai :) hahaha Bakait chacha ..O wale chicha
I am 40 years old now, got engaged in April 2009 (age 25) after MBA with 50,000 salary that time and booked 1 BHK in mumbai for 28 lacs, sold that in 2014 for 65 lacs. It was truly best decision of my ‘financial life’ while I was a Equity Research Analyst
Sab nei kar pate bhai...
Nice thanks for sharing
Do you have another own house?
I don't believe.
You are really very intelligent..superb.
Uncle is talking about tier 1 city, live in tier-2, 3 city and live simple as much as u can and enjoy your life without any EMI.
No high paying jobs in small cities also no lifestyle
@@garvitkasal9231 I agreed, high pay results to high emi, fake high lifestyle on loans, poor atmosphere like in Delhi, NCR results health issues mental and physical leads to spend money to improve health. Overall if u compare it in a genuine manner not in a materialistic way or if u treat it as success in life that's the another thing. But if u want a slow and less stressful and simple life try to live in ancestral home, no emi, no stress, do job which is less stressful may be u will get low wages but u will be less stressful in life.
Rest ity everyone's choice and preference what they want in life. Nothing wrong in both ways of life.
Actually I worked in tier 1 city, party disco, club, alcohol, fake lifestyle all these things looks good and enjoyable from outside but inside it kills ur mental and physical health.
That's my opinion. Maybe it's wrong but the old saying is still right
Simple living and high thinking.
@@garvitkasal9231 For those who are able to, WFH or remote jobs are a true blessing!
Very true 👍 house prices are highly inflatted
Very true, black money invested in tier 1 City real estate, Amit sangwan is real estate agent so don't trust him blindly.
Here in Lucknow they will hire you on Rs35,000 per month. Then after a few months they will delay your salary by one week regularly. They will pay you every five weeks instead of monthly. Then after six months after discovering that the employee is totally dependent on his salary they will pay Rs25,000 in stead of 35,0000. In order to discover how desperate the employee is he will be overworked and the owner will shout at him regularly in front the clerical staff. In the end his take home pay will settle down to Rs15,000p.m. This is the iron law of demand and supply in hindi society.
Sad to know this.
Can you tell the name of organisation?
Don't they hav any offer letter or employment letter,they should be dragged to court or make viral on social media taking their name and linked in , everywhere,they should be taught lesson
pathetic .esa to kai b ni krta
India is a gravestone of 'professionalism' and heaven for LALA Culture. No wonder this happens.
Labor law adviser TH-cam channel may help you. Or I would recommend you to become a freelance tutor. You may add something that I may be missing?
I disagree with taking loan from relatives and friends
Exactly perfect recipe for disaster hai yeh
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Loan relation me lene hi nahi chahiye. Banks loans dene ko pichhe ghum rahe hai 😂
Han parents apne bachchon ko jo dete hai wo loan nahi hota. Ghar me parents bhi rahete hi hai at least mere sath.
Buying a home to take income tax rebate is the wrost reason to buy home.
And nahi milta ab 2022 ke baad
Is that the only reason to buy a house?
Agar lena hi hai to khareedne aur kuch saving me kya problem hai
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
@@shubhamjoshi8762 select old regime
Recent budgets show that the govt is totally unpredictable. Aapne ghar liya aur fir next year govt tax rebate end kar de ,😃
40 ,50 wali ldki bhi 1 2 lac wale se shadi karegi😂😂
Issliye aisi ladkiyo se shaadi hi mat karo .
Are bhai@@tradingwizard562aaj kal Saari hi ladkiya aisi hain.
May be in arrange marriages but if you like someone it doesn't matter. I married my husband when he was earning 50% of my salary.
@@RebelliousBahu My sister's situation is almost the same. She earns 75k but her husband earns 45k. And yes, she also had a love marriage. Her relationship lasted for 12 years till it culminated into the sacred bond of marriage.
@@RebelliousBahu aisi ladki fir tommy bana ke rakhegi husband ko.
But 25 yrs ke age mein 50 k ka salary nahi milta sabko, and shaadi bhi nahi hoti. What he is saying is very ideal and the person needs to be so much blessed for so much good to happen at such young age of 25
Or job Vali bhi ladki
apne parents and ldki ke ghr walle, then relatives se pese bhi lene hai.
engineers and MBAs ko mil sakta h vo bhi lakhs me niklate h har saal india me so a good number of people
@@nishant115me Please check stats of how many people earning what amount(from tax declarations). And consider married percentage, male percentage etc etc, youll get to know the real number
Bhai khud ka job aur ladki ka job to bhul jai. Ye batao ki kitno ke family ke paas 15-20 lakh ka savings hota hai? Itne amir in laws honge to uske saath shadi kyu dega? 😂😂😂😂
Bought House in Pune... Now Transferred to Mumbai 💀 Ab Jitna Rent mil rha he Pune se usse jyada Mumbai mein Rent pay Kar rha hu💀... Upar EMI chal rhi he wo alag 🙄
... This uncle is Real estate agent and also because of his age.... he's giving worst advice to youngsters 🙂 Please never buy house in 30's.... It's a blunder
exactly
@@piyushdas0794:41 You are doing the propaganda so that other people are dis illusioned and don't grow better than you.
Of course Mumbai is costly than Pune and of course you need to pay emi of you have taken a loan. You hid a lot of facts either you are a fool or spreading propaganda so that other people don't catch up with you.
He is totally doing bakwas
Buying house early in your career will be a setback to your compounding journey.
Worst advice by this gentleman.
Tum bewakoof ho. Pune ki property ka capital appreciation to bata Bhai. Kuch bhi bol raha hai. Ye banda theek to bol raha hai.
This guy is totally out of his mind
What you're telling is 100% correct. I am from Tirchy I constructed a home in a plot, at a cost of 20 lacs in 2010. At the time the rent was2500rs a month.. Now, it is 8000 to 10,000 a month. Rentals appreciate better than fixed deposit.
The same amount of money if you had invested in Nifty 50 it would be more than 1.2 crores.
@@thepanshoe8279 Well, the way to invest in stock market are different from construction of house. It could be in crores , but who pays rent?
@@dhanamjayasbro sleep on the streets, you should put all your money in investment and live like a beggar
साँस बहु के झगड़े का झंझट ही नही अगर अलग रहेंगे तो..अच्छा हैं पति पत्नी भी अलग रहे, उनके बीच के भी झंझट नही रहेंगे..
😂
Waah waah😂 perfect bro ....
😂
kiss middle class baap or sasur ke pass 50 lakh hoga? jiske pass hai who middle class nahi, who crorepathi hoga... multiple income hai tho kutch ho satha hai
Benifits of having a own home -
1. Mental satisfaction
2. Freedom from job if the home is loan free
3. Most of the times 20-30% salary goes into paying rentals it is saved at the same time you have your own asset in case if something happens to you family gets a saver net (private insurance don’t pay money to families after the person is died , they show their rule book ) family is secured
4. If home is bought in early twenties till 35 the home is loan free.
5. If you buy home after 35 your life is gone you will be 50 by the time the home is loan free
I appreciate your enthusiasm for homeownership, but I'd like to offer a more nuanced perspective:
1. Mental satisfaction: While owning a home can bring satisfaction, let's not overlook the significant stress and responsibility that comes with it, including maintenance, property taxes, and potential market fluctuations.
2. Freedom from job: Being loan-free is a great achievement, but it's crucial to consider other financial obligations, such as retirement savings, emergency funds, and healthcare costs, which may still require a steady income.
3. Savings on rent: It's true that renting can be costly, but let's factor in the additional expenses that come with homeownership, including maintenance, insurance, property taxes, and potential HOA fees.
4. Early investment: Buying a home in one's early twenties may not be feasible or advisable for everyone, especially considering other financial priorities like education, retirement, and emergency funds. Let's encourage thoughtful financial planning rather than rushing into homeownership.
5. Timing: I disagree that buying a home after 35 means 'your life is gone.' People's financial situations and priorities vary greatly, and it's essential to consider individual circumstances rather than making blanket statements.
Tell me what your thoughts on it are?
I bought a house last year at 24 years old, obviously with some of my savings and bank loan. Now I feel it's the best decision..yes I pay emis above 50k but the savings on income tax, property value appreciation, good credit history, etc justifies all of that. Plus I earn more than what I did before buying the house maybe that's a psychological reason because the bar is set high so I push more towards earning. Nothing can beat real estate and God's money (gold and silver).
Absolutely clear and fair gyan... Totally Unbuyus... Excellent Sir has hit the hammer on the nail head.. To good
The anchor doesn't know anything regarding real estate for sure.... He Cant counter Sango's views.
Why don’t you do it here in the comments? I am sure you don’t have anything substantial to add.
Just like animals squeezing at new things.
@@harshitshandilya5063 Bhai harshit, animals hoga tera baap aur ma.
Aap kar do mujhe bhi jyada nhi pata🙏
Traditional thinking of Earning in big cities and raising your family in a smaller city was a great formula.
1. 50000 Salary is an Outlier. Ask a Dmart employee or any Mall employee how much salary he gets.
2. A 1 BHK house in Mumbai costs minimum 1 cr. Do u know what the EMI comes to?
3. Everybody does not have wealthy paretns or in laws who will give 15 Lakhs gift during marraige.
4. U cannot assume that marraige will be successful. Girls have become very demanding and dominating nowadays.
Solution:
Find Multiple sources of income.
Try to be self employed.
Keep a tight leash on your expenses. Do not buy that expensive Smartphone or a jazzy bike. U dont kneed it. Buy only what u need and at reasonable prices.
Avoid habits like Bai, Batli, Jugar, Nasha.
That's true, I am a software engineer from Bangalore and I found my life partner only after searching for 2 years in arranged marriage. I couldn't find a girl even though I am from a good financial background and also a handsome personality. That guy is probably not updated and he still thinks finding a girl is very easy
Yeh budhha real estate agent hai.
No even u become very cunjuice
Stingy
Nah ur monthly expenses are 10k and u earn 16k
U cant
If u get suck or other marriage kidds or parent helth ishuu
Thats not gona work
U have to increase ur income
2 to 3x
Thats only solution
Me inwork for 10th class
5 yers of work
There only way increse income
And job was not option
They give very low pay
Blue coller jobs
Anchor ko ghanta kuch smjh nhi aa rha
An average home in Tier 1 city costs somewhere around 70-1 Cr. Considering people with normal salary will give a down payment of 20-25 Lac, it means a loan of 50-80 lacs at 8.5% approx. EMI comes to around 45-70K per month. Rent for similar property will be in the range of 25-35K per month but there is no binding commitment or stress associated. So ultimately, it is a very personal and subjective choice. There is no one shop remedy.
He is telling about commitment only. It will be big asset in future. Whatever rent is going will be lost without any assets.
Ha par emi to fix hai. Par rent badhta jayega. Kucch pros kucch cons. Risks to rahte hi hai.
20-25 lakh abhi kaha se laoge...har koi to nahi laa skta naa..aap la skte ho maybe...har koi itna ameer nahi...there are many jinhone abhi achha kamana shuru kiya hai@@gamesong6600
@@gamesong6600 par rent ni dia to saste me ja sakte hai
emi me sadak pe ajaege kyuki savings down payment ni ki
@@onceajordan wahi kah raha hu, risk to hai hi, par agar manage kar le gaye to ban gaya kaam. Person person ki baat hai. Chadar dekh ke pair pasarne hai chahe emi ho ya rent
I like Amit Sangwan. But je clearly shows how poor I am. Shaadi me 27500 mila tha ristedaron se including price of gifts
Meri wife ko 7K mila tha bs
@@Techguidein wohi!
Apne rishte daro ko kitna Diya tha
Prices are increased by investors. All offices are started from office. So price will not increase in next 3 yrs. So just wait.. Do not go in fomo. But keep investing in stocks market. And once you get best deal then buy. And if you are investor this is the best time to sell property.
Nobody buying these days. Very few NRI, business men and corporate people in their 50s 60s, who are just about to retire(both husband wife are working).
39:22 Expecting 20 lakh from relatives is a big assumption. Nobody gives that much and if they do, you will also have to keep giving comparable contribution in every relative's wedding for the rest of your life.
In many places in the video, his "solution" involves some initiative from the government (government kuch aisa karde types) or some societal change (relatives give 20 lakh as wedding gift) . So at least part of the solution is wishful thinking and not executable based on things in your control.
I follow him, its a pleasure listening to him but just wanted to point this out.
You should buy a house to stay in. Don't buy extra houses but the primary stay should be in your own house. Once you have kids you need stability in your life. Ab har baar pack Karo, dusri jagah jao, kaamwali bai dhoondo, tuition classes naye, kids ke activity classes phir dhoondo. Kids ko nyi society.ein friends banane honge. Ghar ke senior citizens ko kahan uthake same sheher mein phirte baithoge. Doctor Naya dhoondo Jo paas ho. Not everything can be about money. Agar aapki transferable job hai then I understand not buying a house.
Important point is that real estate is cyclical. You need to invest at the right time.
Stock investment gives far greater returns.
It does not matter what you invest in, everything depends on your financial situation.
Further slowly income tax is removing tax deduction on housing loans.
So it is better to invest in equity initially for say 10 years and then go for booking a house
How?? Tell me one property which went down?
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Mr Mahadevan, not everyone is knowledgeable about stock markets like you seem to be.
I see many people engaged in derivatives trade and losing big time.
So making good money in market is a mindset rather than skill, which many people don’t have.
Equity investing is known to hardly 6-7% of population.
So why expect that everyone should avoid real estate and go for equity ?
A 60 lakhs apartment will become almost twice costly in 10 years. So a person without equity knowledge has no point waiting. If he can, he must buy his own house for the sake of consumption.
Just because someone timed the market correctly, dosent mean everyone can.
This is such good advice. My biggest regret in life is that my Father in law and my mother spent a good 40 L for my wedding. Just because "hume shauk hai". What a complete waste of hard earned money. The worst part is that both side parents were also utter unhappy because mine was an intercaste marriage. I mean I love my family, but boy are they stupid and myopic. My husband and I really wish they had arranged a simple wedding ceremony, and kept the money for themselves
I totally agree with him. My current age is 27. I bought land in 2020 just after covid because I knew after covid rates will increase. My family used to live in rent for over 20 years. I bought the land in 2020 July. Waited for 1.5 years and in 2022 build a basic house within my budget. I have saved over 2L in rent in 2 years only. And in 4 years the land prices has doubled 2x from my buying price and construction cost has also gone up 20-30%.
u shud have done in in 2015..aur bhi fayda hota lol
you did not save anything.... you bought a land... the cost of that land was your Opportunity cost... uspe jo basic FD ka interest h wo gaya tera.... Upar se us paise se tu jo mauj karta ya koi kaam karta... wo bhi gaya tera.... toh profit nahi hua kuch... and only 2L in two years... so you are saving merely. 8 thousand every month. Now if you bought that plot for say 7Lac (lol) then your annual FD interest (8.5%) will be 60K. Uske hisaab se sirf PLOT ka price jo h .... us paise se tu har mahine 5000 ka interest kamata. Now just imagine ki tara ghar pura ... plot + construction agar 10L se jada pada h .... toh you are making a LOSS every year.... PROFIT nahi.... Koi savings nahi h... you are still in loss.. You will make savings after you hv stayed in that home for 10+ years ... samjhe sir. If i am wrong then do enlighten me.. would love to know your calculations too.
I think you took a great decision. In most cases parents have house, so their children will live on rent in cities. But if you parents dont have house and youre doing good in life, I think you should give your parents comfort of their own home
This is the Truth. Buy or build a house when you have money. What if you lose your job later. How will you pay rent then? And you have to.pay maintenance charges also
@@piyushdas079 yes. You are right. I completed my 12th in 2015. I should have that much money just after few months after my school. How much you had when you just passed your 12th class?
Sir, it’s astonishing that you advocate buying a house with a 4-5% rental yield over investing in mutual funds with a 15-16% annual return. Such great clarity, sir! Please keep these revolutionary ideas hidden.
To anyone lacking basic financial literacy, you might appear as a financial guru, but in reality, they’ll end up spending decades paying off a home loan. Let's do the math: over 20 years, a house with a 4% annual rental yield offers a total return of approximately 220% (assuming compounding), while mutual funds offering 15% YoY returns would give you around 1600%. That’s nearly 8 times the return!
People will be shackled to a mortgage for their entire lives, receiving returns that are a fraction of what they could have achieved with mutual funds or SIPs. (I’m talking about investment properties here, not primary residences.)
Yes, owning a house might make sense emotionally if you don't have one already. I understand the emotional attachment. But if we're talking strictly financial sense, your advice is disastrously misguided. I usually appreciate your perspectives, but on this topic, your views are entirely off-base.
I am assuming you're below 25 years of age.
If you dont have a house , then house is something which you enjoy and it appreciates too. Mutual funds appreciate too but until you take it out , that is just numbers on a screen.
@@leodevil16 100% sir , I agree with you on this point
But that being said , Real estate is not a good INVESTMENT when compared with other options ( one of which is Mutual Funds )
I already mentioned in the last para, about owning a house if you don't have one is great great step .. but this is NOT Applicable to 2nd house , 3rd house and So on
So automatically after owning a house where you live, STOP BUYING PROPERTIES and instead go with Mutual funds or Stocks or Plenty other options
Can u please explain more? He says rental yield remains 3-4% but it is calculated on the overall price of the house so today you'll be earning 3-4 percent yield on 100 rupees but tomorrow also you'll earn 3-4 percent now on 120 rupees BCS of capital appreciation
Also when you pay 20k emi vs 20k rent per month after 15-20 years the emi still remains 20k rs per month, plus it usually ends within that timeframe whereas the rent of a house which was 20k decades ago would have now increased to 40-50k rs per month...even after paying so much money for 20 years you still have nothing in hand and there will be one day when you're earning capacity perishes...
Buy or rent which is good?
Do Buy because, my grand father is to live in rented house, but in his very old age, land Lord ghar se nikal diya bcz yeh mar gaye toh apshakun hoga aur pooja karana padega ghar mein.. My grandma struggled lot during bcz they didn't had roof over them..
Ab bolo bhai kya kare 😢
Definitely one should buy a house but in their late 40s or early 50s. Till then switch jobs to earn more and invest heavily in equity and your corpus will be enough to buy a house without loan (which will save tax under Section 54F as well) and couple of crores more to live a peaceful life.
No one says dont buy house ever. Usually advice is given to not buy house in the prime age and invest it then buy in 40s or 50s. I also think one should buy home in 40s because salary is increased so you can pay loans in lesser years and you substantially invested money in the market in 30s. Also you are now clear where you want to stay because many people specially in my field IT, people get chance to go to another city, state or country for some years. If you want to buy many rental properties then thats a different ball game altogether then you should start in 30s.
Biggest issue in buying a house in tier 1 city is water and other amenities. Many high end apartments in Bengaluru ran out of water recently and are completely dependent on tanker mafia. Imagine you spent your life time savings and then you realise there is no water , generators runs for minimum 7-8 hours a day while your maintenance increase MOM. Your basement gets flooded in 2-3 hours of rain. Don’t fall for this real state trap. Stay in rent. Move on once you find a good deal or current apt becomes unlivable. I bought a house 10 years ago and now I will never buy a house in tier 1 city. It’s better to buy in tier2 or tier3 city or plots or farm lands. Just my personal humble opinion.
Amit Sangwan thinks that people are dying to stay in rent..there are times when owners lock their flats for years because no tenant is available.
He says location matter.
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
It doesn't happen in tier 1 cities
@@shreyas5696_YT huh.. happened in Bengaluru for 5 years..
@@trading86-my4zv Abe bc har comment k ander same spam kr rha hai 😂😂😂
Bot to nhi hai na ?
पॉड कास्ट देखना छोड़ो,,,,,जाओ रजिस्ट्री करवाओ
🤣🤣🤣
😂
Bhai tu sip bech ..dukan chalao😂😂😂
The satisfaction you get after owning your house is priceless. Most practical advice🎉
Jitna me mahilao ko samajh paya hun, unka dream hota hai ki ek lavish shadi ho, mehenge kapade aur sone ke necklace, bracelets aur ear-rings ho. Aur jis ladke se shadi kare uska kam se kam apna makan ho, aur wahan ho bhale 2 wheeler ho.
Baki 50 kamane wale se wahi ladkia shadi karne ko agree hoti hai jo housewife banna chahti hai, atleast lower to middle- middle class gharo me jo janta ya LIG ya MIG me rehte hai
Amit Sangwan - Number 1 clarity giver in India!
Awesome
Lekin uncle speaks on assumptions ki sab upper middle class waalein hai
He's Fraud
@@bonniewright1103 In what ways is he a fraud!?
Nice perspective. Like it.
Amit Ji is the best clarity giver!
Rishtey daar 20 lakh denge.....
What a joker he is 😜😜
It's possible
This guest is out of his mind asking to borrow money from friends, parents and in laws to pay off a home loan? Let me tell you one thing it's better to live on rent and accumulate your savings into long term investments. I would always prefer this over asking people or relatives to pay my home loan. This is not the life I'm here for and btw living on a rent is not a sign of being poor it's just you choose to build different class of assets.
Hahahhahaha
Chutita bate hain sab practically kuch nahi hota 😂😂
@@Civilsuresh7possible to bahot kuch h ....lekin ladki ka sath sath shadi ki mei koi plan nahe hota....jab kissa hona h usse sa hoge...
Worst logic ever heard
20 years homeloan EMI is a burden for lifetime.
Lol. Emi is only burdened for 20 years but rent is a burden for generations.
@@DeepakBhandari1 Nothing is permanent brother. Even after taking home the burden never ends.
emi is burden when you are going or purchasing out of your budget so us hisab se hi loan lena hota hai ki earning ka bohot jyada bhi na chale jaye nahi toh koi dusri proprty dekho
@@successwinner009 burden will be always there till death brother , life jiyoge toh hi toh burden ayega nahi toh murde ko dekhlo na hai jindegi na hai burden , aj ghar ka burden kal bachho ka future ka burden , budapa mei medical ka burden toh bhai life aisi hi hai ,...sab kuch utna burden karke maat socho toh aur burden lagega,,,,, sabke life mei burden hai ....mere 3 bare loans hai 😂
@@rounakdas8469 do you see any houses in delhi or gurgaon which falls into salaried class budget.
First of all build a liquid corpus .Ghar ek illiquid asset hai
Stay away for your first 10-15 years of your career.Inko mortgage calculator khol k dika do..Only banks earn.
Ghar lege apne paiso se .mortgages are the biggest source of profits for the Banks..
one thing you missed, as a 25 YO. Right I'm in mumbai, but not sure where i'll be next 2-3 years. So buying house so early doesn't make sense until you are sure enough that you are going to be in the same city for life long.
You can rent it out or sell it
ये बुढा real estate agent है, तो तुम लोग समझ जाओ ये घर कुय खरिदने बोल रहा है 😂
Ye buddha nhi h phli baat
Dusri baat ye hrr cheez ke agent h
@@SumitSingh-mm7coright 👍
Sasta nasha karta he ye
Also inspite of galloping population of India he advises middle class to produce two children! Will he pay the expenses of any couple for raising even one kid ?
@@pallabbiswas2726 kaisa logic h yeh?
Thumbnail honi chahiye Grumpy non sensical uncle EXPOSED!!!!! 😂😂
Sir na to rent hamesha badta hai na hi Ghar ka price
Mumbai me aake dekho 10-12 saal purane flat ka bikana muskil ho ja raha hai kyuki log jayda paisa dege Naya construction Lena prefer karte hai
Bhai new construction me 4-5 saal wait karna sabke bas ki baat nhi especially when u need to keep paying rent in that duration, so there r all sort of buyers
Good point
I liked the interviewer a lot. Calm and gentle. He gave time without disturbing the guest. People should learn from him
Yaar , hum indians me family se itni expectations kyon hai. Khud kamao khud karo.
Maa baap se bilkul paise nahi lena hai.. do not mess with their old age funds.. worst advice i have ever seen
1.Any type pf house u wud be locked in for 20yrs loan not sure todays youth wants to work for 20yrs
2.We want flexibility if tomorrow an oppty comes we want to grab it if in a diff city or country
3.We dont have time/energy for maintenance the house or finding tenants or ensuring they pay rent on time
4.With shares/mutual funds you have flexibilitu of selling in parts for your needs you cannot sell bedrooms in a house
5. With rent one can upgrade /downgrade basis current situation of the person. Ppl with young kids want to move to societies with more facilities nd open areas bigger carpet area maybe after retirement one wud want to move to somehere outside the city bounds and probly a more compact space.Staying on rent gives u this flexibility.
Lame calculations on assumptions. If you have one house, don’t chase another. Invest and have the power of liquidity in your hand
Kalyug ka style , agar insaan ko chu banana hi hai , toh chillake seena thok ke banao !!!!😅
Super stupidity (or super scam). Don't buy a house till you have a good portfolio of debt and equity funds. Lot of (hidden) costs and headache in buying, maintaining and selling a house. And the actual return will not be able to beat PF rates (a great tax saver) in the long term (10+ years). The best decision one can take is to not buy a house and instead build a portfolio without the headache of a loan. In 6-10 years time, you will be able to buy a house in cash with enough savings / portfolio. Don't listen to these fraudsters manipulating numbers and rates as per their convenience.
@sangolifesutras came to founder's den and got trolled for having strong views on family, marriage and settled life. You need to understand, the youth today does not want a settled life in a job. They want to keep experimenting: startup, date, holiday and then after everything fails, get a PHD, start a youtube channel or get a dog.
He said it all correctly
1. Have a home that you can afford, so unnecessary expenses are controlled by emissions
2. Have sip of additional amount for future.
I have followed the same, I would add one more point
Buy an apartment that is in budget segment so your emi load is also less, and become debt free at the earliest.
ये बुढा real estate agent है, तो तुम लोग समझ जाओ ये घर कुय खरिदने बोल रहा है 😂
My 2 cents, buy home when EMI of home forms less than 20% of your family's monthly income.
Crisis occurs when a family buys a home with 50% EMI liability, a family not only needs home they want it with basic necessities for which family heads have to again take a liability. In the mean time all other liabilities corners major expenses... Thereby he left with almost 0 investible amounts.
Aapke election prediction ne dil jeet liya 👍🏻
Jo khud kisi cheej mein invested hai, woh kisi dusri cheej ki taarif karega ya uske pasand ki cheej ki taarif karega?
Very logical thinking and planning for future
Uncle parents se loan lenge, to parents ko tax bhi to bharna padega uss interest pe, calculation firse gadbad ho sakti hai
Words of wisdom. Totally enjoy listening to Sir.
Bhai uncle ji ko sapno ki duniya se bahar nikalo aur chai pani ke liye poocho kuch jayada hi bhavook ho gye aaj. Mere ristedaro ne to dene se mana kar diya aur ab builder bhi shadi ke naam pe discount dene se mana kar raha hain. Govt. se shadi ka card dikha kar registry me discount manga to dhakke maar kar office se hi nakal diya. Ab mera flat to mara gya na?
Wo smjha kya rha hai, tu smjh kya rha hai... yee attitude rha toh naa shadi kr paega, naa ghar khareed paega
He said relatives are gonna give 20L as gifts in the wedding. Earlier he said, spend only 2L in a wedding. 2L ki shaadi me 20L ka gift 🤔
People only remember food. Nothing else. Focus of authentic Vedic rituals (marriage should happen before evening), and then food. That's it.
2 lakhs yours and 2 lakhs your to be spouse. Or make it 2.5 lakhs per person. Even that will be 10% of net worth of most youth. It's a financial issue.
ABE BUDDHE 50000 SALARY KOI HALWA HAI KYA PRIVATE MEIN 20000 SE JAYDA SALARY NAYA JOINING MEIN NAHIN MILTI 50000 HAZAR KI SALARY KITNI KI HOGI BAHUT KAM LOG HAI JO 50000 KAMATE HAI MAHINE KA YE GYAN PELNA BAND KAR
Love the way he explains things, and I mostly agree with his points of view now that I own three properties, the first one i bought when i was 25 years old.
Ek baar EMI katne lagega 60k-70k ka to samjhega kitna burden ata hai dil pe. Fir boss thuk chatne ke liye bolega to bhi chatna padega, kyu ki EMI bharna hai.
Ek dam correct ye uncle mujhe real estate business ka lagta hai jo youth ko emi me fass rha hai pehle ki baat or thi mere papaji ne ghr banya tha full cash me 90 Apne town me tab ye concept nhi tha loan ka or hota bhi to mere papaji na lete kyuki loan ka matlab hai Apne app ko gulam bana lo bank ka fer wo tumko kahi bhi nachawaygi hai ager return fix hai ki 8% le kar 12% bana lete ho to loan ka soch sakte hai or mere papaji government job me hai .
Ye risk to hai.
It is senseless to debate on Real Estate vs Mutual fund.
Both are different assets. One should diversify investments. But always use basic maths of how much loan you should take so that your life doesn’t become hell in paying EMI.
Uncle ji says price will hike over years but at same time Nifty is also increasing year on year. So both are at their own space.
Amit Sangwan sir...Guru ji is amazing!!
Very informative
No one person can give solutions for the problems of all. If anyone is saying all those guys were wrong and you should listen to only me, then you should be suspicious of that person. This is how self proclaimed gurus are born and history has shown most of the time they are trouble.
Guruji k hi diye gaye data ko refer karte hue kuch doubt create hua, agar gurugram mein koi decent house abhi 2Cr pe mil raha hain toh sade conditions jaise savings+parents+relatives+freinds ( halaki relatives & friends sound too impractical) ko lagake v 50L se jyada down payment karna kisi v middle class k liye in late 20s or early 30s mein muskil hoga. So atleast 1.5Cr ka loan, almost 1.4L/month EMI (20 yrs), obviously kisika v family income upto 1.6L tak income wale afford nahin kar payega. But woh same person isi house ko 50K(guruji k hi 3% rental yield) rent pe afford kar payega with some savings too.
Rental afford is not ownership man...
Basic thing, when you own something, you have an attachment...
Basic psychology hai, jisko age 40+ hai us se pucho,
the moment you own a house, your free money in hand decreases and a discipline comes into you life..
And agar wo abhi afford nhi kr pa rha property ko ..
To technically, same property ko wo kabhi afford nhi kr payega ...
What do you think, same property ko 20 saal baad afford kr payega?
What the guest is saying, agree with him. Buying home early has many benefits,
your and your parents are healthier than they would be later, in early years children's expenses are less etc.
It stops you from making many unnecessary expenses, and you start differentiating between what you want and what you need.
Yes initially it seems as if your life is painful, but as the years pass by your income increases, you can part prepay if you get any extra money like bonus, gifts etc. Also your rent will keep on increasing but EMI will remain same. Plus add to it brokerage and moving charges every 2/3 years.
One more important thing is buying a home will bring a " thaharav" . I don't know any English word to explain it.
He has given you many ideas like instead of spending money on extravagant wedding, one can opt for low budget one and use the money in buying house. You just have to find what suits you best.
Lastly instead of thinking why it is not possible, think about what needs to be done in order to make it possible if you want to buy one.
Best advice thank you amit ji
He is into real estate business and kind of middleman. What else do you expect from him? He will never say negative about real estate 😂😂
Every real estate agent talk. Ghar la lo.mehga ho jeayega. If young generation more invest in stocks Indian home price is affordable for all. Over hipe by agents
No tax rebate on loan from family
50 हजार अगर लेबर कमाने लग गयी जीडीपी कहा से कहाँ पहुंच जायेगी.
मकान बनाना महेंगा होजायेगा अगर लेबर 1700 रूपये रोज लेने लग गयी
Woh gurgoan ka example de raha hai. Wahan per house maid bhi 40000 rs monthly earn karti hai.
Here gurugaram is expensive
Bhai safai karna wala Jo toilet /Ghar ki deep cleaning saf karta hai Gurgaon Noida main uski 1 din ka 2000 hai ,agar viswash naa ho Raha ho naa urban clap pa 3bhk deep cleaning ka package book kar ka dekh Lena kahin Mann m wahan rah jaaye
@@Er_DeepakMaliknot every majdoor works urban claps like companies
Real estate is now on all time high ab kharid ke fayda nhi .. because after a bubble there is always a correction it could be decrease in price or could be a time correction
सर, मैंने 5 छोटे फ्लैट 2 bhk का स्टेट कैपिटल मे किरया पर चढ़या है 55 हज़ार महीना आता है बहुत मज़ा आ रहा है बहुत लोगो को ज्ञान मत दीजिये, सभी घर खरीद लेगे तों किरया कौन देगा 😊😊
Thoda explainkijiye , apne kese flats purchase kie or kha pr lie h
मेरे ग्रैंडफादर ने प्लाट लिया था 5000 sqft का मैंने उसमे से 2100sqft के साइज़ मे डबल मंज़िला 6 फ्लैट बना लिया और उसका 9000 ₹ per फ्लैट का रेंट मिलता है यह सब मेरे ग्रैंडफादर के कारण पॉसिबल हुआ है
700sqft per फ्लैट 🙏🏼
Banane me kitna kharcha Aya?
लगभग 45 lakh
Pvt job ki stability sabko pata hai .....or agar EMI ka pata laga toh seniors uski laga ke rakh dete hain .....
15 hrs roj kaam karo 30 days.
He is largely right.....given i am almost 50 yrs
It uthane wala 50 k city me kama rahe hai
Kanha thoda heme bataye
Amit ji, great advice 👍
Really very true advice
😂😂😂shadi walo ko home loan m discount aur jisko n krna ho shadi wo kya kare aise econmy nhi xhlti 😂😂
Having own house is a huge security ..... buy if you can and withing reasonable limits....dont go for 1cr property if you can at best afford 60 lac house
Ok to buy a flat for self occupation- but to buy as an investment is not viable. If the owner has problematic tenants - non payment of rent, damaging flat, refusing to vacate - it can be a nightmare - because it is not at viable to get justice from courts. Problem with buying for self occupation is that owner may get better job opportunities and need to move. In this context stocks or Mutual funds are a far better option
That does not happen in high rise societies...
Bhai brick majdur daily wages 400 Only. How can it be 50000 monthly wage??
Chuna laga ke🫡
Do you think that Indian tier 1 cities or tier 2 cities real estate could give you better return from now as current real estate market is beyond 100 times of india per capita income..
In greater Noida near by sector 135 location where most of IT and other corporate offices existed, still Jaypee Green society and other top builders like tata or samridhi selling flat 1.5 crore onwards.. but no one is buying them since many years.. who so ever bought them initially, they are not able to sale them even real estate market is on the top..
I still would suggest people to stay on rented flat and enjoy life after investing into SIP for longer period atleast 28 years.. start your SIP and step up by 3-5% every year from your 23 or 24 age according to your capacity.. try your best to save atleast 20-30% saving out of in hand salary.. no stress.. easy life.. bcoz private job is very unstable..
I think a property should be bought in two places only, first is in your hometown where you know everyone and everything, second should be in a place where there is a very good hospital and an educational institution. by the way my father died in his forties my mother got every single penny back with interest within 1 year so, it is totally rubbish to say these kind of stupid things, no asset should be bought at inflated valuation, whichever is at its historic Valuation will book in most of your life.
MORAL OF THIS 43 MIN. VIDEO IS " GET MARRIED " - Seems like ess uncle ne esse hi wealth baanyie hai.
He advises us to ask money from relatives and in-laws. In laws kahi isse dowry na samajh le. And will you be doing the same for your other family members to get them a one BHK? Kyunki ghar ki zarurat to unhe bhi hogi.
Never never never buy a real eatare on EMI..if you already have a home esp fathers home. And NEVER think that you will put it on remt and pay EMI from Rent.
If you have money layimg aroumd then its the best investmet .
People take Example of Rakesh Jhunjhunwala that he regretted that he sold his flat for lesser profit than what he earned on shares.
But seldom people know that he was a operator and used ro influence the market.
Hence it is proved that Real Estate is Illiquid asset !! I live in Tier1 City and I can see lots of affordable houses being sold in my area.
But how will we first convince a woman to get in this arrangement? Have you thought about it? And woman in general want to get a partner who earns more than them. And I feel that Mr. Amit Sangwan thinks that a good relation will be made just by getting two people under one roof. Isn't this old way of thinking. What if the lady doesn't share the same feelings for the man or visa versa or both don't end up loving each other. All this for a one BHK flat? Maybe I am biased but if you may tell me how is it making sense to you?
I'm sorry, but I couldn't go ahead with this video.
He's giving horrible advice, very crass way of saying find a girl who earns 50k , I mean we don't need advise from people who think this way. Youngsters looking for good financial advice, first please find out your investment style what makes you comfortable and let's your sleep better. Investment is not a destination but a lifelong journey. Once you start, you'll figure it out. But honestly, think twice before taking advice from anyone, be it finfluencers or other uncle. Everyone has a different style of investment, and no one should enforce their views on to you.
What I understand is you need good sophisticated words like “independent woman” , “youngsters “ etc. but just translate the advice he is giving. If it doesn’t make sense then give some comment on what you think is correct.
It should open discussions not complains all over.
@@sidhu0081 But how will we first convince a woman to get in this arrangement? Have you thought about it? And woman in general want to get a partner who earns more than them. And I feel that Mr. Amit Sangwan thinks that a good relation will be made just by getting two people under one roof. Isn't this old way of thinking. What if the lady doesn't share the same feelings for the man or visa versa or both don't end up loving each other. All this for a one BHK flat? Maybe I am biased but if you may tell me how is it making sense to you?
Mutual Funds Sahi Hai !
Investing in Equity can create more wealth than one can ever imagine.
The 20-25 year returns of Sensex and Nifty are valid proof.
Proof of what ?
@@cp3190 Wealth Creation over a period of years.
Marry someone for money marriage is so complicated and this guy is telling us to marry somebody just for salary. Remember this because if you marry for money you will not be happy with life because elders said Happy wife is equal to happy life😂