time has changed so fast that even the top CEO of company who are billionaires are coming to collaborating with content creators who have less money as compared to them but have more social currency from them....but hats off to the dedication creativity level and consistency of a aevy TV...learning a lot from you guys
I was wondering why owner of Zerodha is collaborating on this video. Then I get it. If someone buys a house, they won’t have enough liquidity to put money in share market. And guess who loses on it. Exactly! Pure marketing genius by Zerodha 😂
He’s missing 1 major issue in renting v/s buying: nakhre of landlords, increasing rent every year & looking to shift to new places every few years due to rent/ other landlord issues
Biggest issue I have with renting is what will one do post retirement? Without pension, one cannot afford rent and to move if owner asks you to. Renting is not all today as these kind of videos make it out to be.
As an area starts to develop the rent and the prices of properties around automatically start to raise, or it's a loss for the land owner especially in a rapidly developing area like somewhere in the outskirts of the urban city
The only billionaire who defeated vishy anand in a chess match. Edit: No hate to anyone. I wrote this sarcastically, didn't expect the likes and replies.
I just noticed a Funny and Fabulous Point here by just checking the Thumbnail or Title. Overall message of the Video is don't buy a House instead Invest this money at other Places instead of Real Estates. People will save more, invest more, but where? In Stock Market and Zerodha is the King when if comes to Stock Market investing, which is Founded by Nikhil Kamath and Nithin Kamath. That's is why Nikhil Kamath collaborate for this Video ✌️🤝🙌 Ese hi nahi Billionaire ban jate bhai 😂
Just completed the video and it's amazing. I understand it's long already but I really hope you can make a part 2 for this video and talk about the following: 1) Excess inventory aka projects completed but unable to sell. 2) Builder defaults - Builders with excess inventory taking up more and more projects and get stuck in a loophole and finally default. 3) Importance of RERA 4) How making registration tax negligible (as close as zero) will reduce black money combined with higher property taxes. 5) Break-up of construction cost vs land cost to show how construction cost is actually negligible and the main blackmoney goes towards land cost.
There are 000s of apartments in Bangalore that have legal issues and also hand been financed by leading banks and also cleared by lawyers. A buyer has to be aware of all the legal requirements and not rely on banks and lawyers
I live in a small town in Assam. There the prices have risen higher than many big cities, even metros. This happened just because people use it as a way to turn their black money into white
Nikhil Kamath runs a stock brokerage firm, obviously, he'll recommend stocks over real estate! being the most prominent brokerage firm, they will have the benefit.
This is now at next level, all billionaires don't own home is like a joke of the year.. this kind of philosophy comes to mind after they all settle up their life first and thinking to settle their extra money and then thinking not to own new house and rather rent it. They do already have lots of properties or invested and they told this philosophy to normal peoples. BEWARE :: ALERT atleast one home must be there for you or your family where no body kicks you or your family out anytime. if you own 2 or more then above video will be helpful.
This is an amazing concept of passing on the message via full skit , this concept helps us to understand the content more in dept. Kudos to the Varun bhai and team ❤❤
I (M 25) bought a property that is approx 12km away from the city. My dream home is about to finish and we will be moving there in January or February, maybe. I got it in very sasta and now the place has started developing (lol to new owners). I don't know why im sharing it here but bross you can learn.
Nikhil kamath has an agenda. He wants more people to invest in stocks which indirectly benefits him. Although I believe one should have diversified investment Real estate 70% 10-15 % gold 10-15 % stocks Rest in FD.
Very informative video. However, I think there's a conflict of interest when someone like Nikhil Kamath (who owns a stock brokerage firm) is brought in to speak about the real estate market. Someone from the real estate market or someone neutral would make more sense as there's no way Nikhil Kamath is going to publicly say that the real estate market is a good idea.
Just thought the community post was a joke, but then an actual billionaire appeared. I see from this, the amount of effort you guys put in is incredible and unimaginable for a common man like me.Keep creating,Cheers!!!
it's actually the other way around. People buy the property knowing FSI is limited. If FSI is increased, it generally DROPS value of land because it solve the "finite land" problem. This is why no one in India is increasing FSI.
@@motog-rocks6544 I m talking from the perspective of builders, the land wherein they could have build 5x the floors which they are building currently would have resulted building more and more flats, commercials which is great for builder's itself yeah price might have dropped because of high supply but if you take other countries example even with high FSI the property market is growing at stable rate.
@@motog-rocks6544 and other countries see India building horizontally rather than building vertically, building more and more horizontally spreading out your cities costs more road development, connectivity issues, and many more issues. Even with the FSI limitations Mumbai seems to be a world class city just imagine not having those FSI limitations, India would have already developed a high world class infrastructure in terms of residencial space.
FSI limit is there because unlike other countries, the road, water and sewage infrastructure do not increase as number of houses increases. If FSI is not restricted, everyone will build 25 floor houses in 1200 sq ft with narrow approach road and no sewage/ water connection. You can always debate that infra should increase, but common infra does not increase in India as easily and that is the fact.
I understand its much better to rent for an average Indian and they should rent, but for someone like Nitin who can easily afford atleast a 10cr house without feeling a pinch in his pocket it doesn’t make any sense and its a stupid flex from him. If you can easily afford it then why not buy it since house is actually a necessity and no matter how logical you get your house is your house and its not a depreciating asset like a car, you at least earn 3% increment. Think of it as a debt investment
The Sole reason of lower FSI is that, if government gives permission to build 20-30 floors, only a handful of companies will remain in the real estate market like Godrej, DLF, Ember etc. Small real estate developers might not have that amount of cash in hand to produce 20-30 floor buildings but they do create huge amount of job opportunities for labour class. This is why government can't do that
That’s a great insight.This is the side of the story they should have also looked into while making this video. Not to takeaway from anything that Achina has stated as facts in the video.
Mr Kamath has advised a basic economic error of increasing the property tax to 1 percent of its value per year. This will immediately increase the rental values of our houses by multiple folds. Now our land values are close to those of manhattan, in future our rents will be more than that of Manhattan if property tax increases
Mohak made a very good video on it too please ab hatrick kardo and mohak ke saath collab kardo pakka 300k+ before year end I know n always root for you guys and u will touch it !! And nice way to show varuns normal hair in wedding pics and not chapri phase 😂😂😂😂😂😂 also varun ne sabke baal ka bharta kardiya for videos what man !!
Property prices are proportional to the facilities available around the property . Facilities involve schools,colleges, hospitals ,infrastructure,metro, transportation,job opportunities,companies. There’s a township project at some distance . They used to sell at Rs.2000/sq.ft at launch 10 years ago but now the rate is Rs.7000/sq.ft in that area because no inventory available now. They launched new project nearby it at Rs.6000/sq.ft now. It’s now seller’s but buyers also offer exorbitant prices to acquire a property.
Amazing video! But I would differ on the increase in house prices in Mumbai. In South Bombay, the rent of apartments got an average hike of 20%. This was even covered by a money control article.
Rents have shot up due to the end of WFH in many industries and due to the fact that younger generation is opting for rent instead of buying. Property prices are actually stagnant, you are hit with the reality when you put your house for sale. Only builders inflate their prices for their new projects, their rates are far higher than the market reality.
This concept may be viable for bangalore and Mumbai, other cities have different stories to tell. But covered a good topic in extensive level with different insights. Great work.
Appreciate the effort your team put in to explain a complex topic... But still there are many more factors which have not been covered as to why one costs more than the other.. ex land A and B.. many more factors are still present within it.. just giving my take on the video.. 😃
Appreaciate your efforts! Every episode gets better with new release! Just a small feedback, if you can keep rupees & lakhs/crores, instead of millions
Every one enjoying and liking this video will be eventually buying a house . I had the same thought process 10 yrs back, paid 40 k rent for a big white house kinda house in North Delhi. One disagreement between the owner and me over parking was enough for me to realise the importance of owning a house.
Here in Mumbai the price of houses has leaped 10 times compared to what they were 20 years ago. The same flat that costs 1 to 1.5 crore today for a 1BHK use to cost around 10-15 lakhs 20 years ago.
Ya that time my family bought 3 houses. Now I can't even buy one in Mumbai. I'll buy in usa or Europe. Cuz their houses are cheaper than mumbai now. And most mumbaikars doing same thing now.
I have inherited my father's house in Noida this year. We bought it 2011. Price of the house has increased after metro connectivity but after that it is same.
THANK YOU! I thought I was the only one facing this issue. But If you dream about buying a plot and building your own House in India, IT IS A COMPLETE NIGHTMARE! You have to grease palms left, right and Center and even after that you might not be able to build your dream house. Encroachment is another disturbing issue! You might find a nice piece of land and even be able to Build your house but the next thing you know there is encroachment and Shanty's cropping around the house making the entire locality go dowhill! But this is at least a start considering people are understanding the problem. Kudos to you.
There is no word used as 'black money' either the builders use the word 'cash' and the main reason for no increase/decrease in property price is due to the area which the building/ land is located
But atleast the people who are holding the property will be pushed to renting it out as they would be losing money if they just held it. Overall this would heavily increase the supply of houses available for rent and reduce rent more than increase it.
There is a building near to my house, more than half of the units are lying vacant due to high prices since last 7-8 years. Now another better building is being constructed adjacent to it.
One fascinating realization from this video is that how the fertility rate today (&future) will be a deciding factor when it comes to real estate price 60-70 years down the line. No wonder finance is deeply rooted in our day to day lives. It's all about connecting the dots right.
I love this channel. The videos are made on very different topics and quite off from just what's trending. And that's exactly is why Aevy Tv is a vibe 😀
This channel is awesome ,Varun mayya is truly inspirational and the way he dissects any scenario or case studies shows his extraordinary intellect .I do miss the music videos at the end .Hoping to see similar case study videos for tech- companies like : (1)rise and fall of controversial companies like Theranos , Nikola, enron, Fyre festival ,dan bilzerian etc (2) rise and disruption created by google, instagram , AOL,Whatsapp ,tesla ,space X.
She is just telling all the information that my 10th pass uncle knows "in english and sophisticated terminology" and running his property business successfully.
No buying is still better, don't listen to them.. Prices of New flats are always higher than they were 10 years back... And rent will also increase. Rents may not increase every year,but in every 5-6 years,rents are seen a cumulative rise... So buying is the best option in long run.. If possible buy near the outskirts.. in future it will be developed,so struggle for a few years may be 10
Tier 2 and tier 3 indian cities have two prices for the same piece of land which is almost 3 to 4 times of the price mentioned in the Agreement. Can you please throw some light on it?
not allowing sky scrapers has its benefits lin cities like chennai which has a very scarce water in the water table. buliding an apartment on a space of around 1 1/2 ground for example can drain the same amount of water as 4-5 houses. also there used to be whole lot of lakes which were filled up and buildings built on top of it.
“Hardly find a market to exit at that level”. I stay in Kharadi, Pune. Property price in Gera World of Joy for a 2 bhk villa was Rs 95 lakh when sold in project stage in 2019. Today those villas are fetching Rs 1.75 cr
Mumbai have skyscrapers. It actually have 5th largest numbers of skyscrapers in the world. 150m+. And many more are under construction. Mumbai currently actually a large construction site. Also Mumbai don’t have just FSI of 2. Depending on location, it can goes upto 5. Some builders also got fsi upto 12 after paying premium.
Mumbai is third world city if you compare with other Asian cities like Singapore, Hong Kong, Dubai, etc. Despite being financial capital of India and home of Bollywood.
I gotta comment this time. Your actual content is priceless. That's the reason I subscribed. But the short funny clips that you add makes me want to either forward or skip the whole video altogether. I don't know the reason you put these clips in between but it's my opinion to either remove them completely, or add something else. Other than that, I absolutely love your research and the actual content. Keep making more!
In a community post when Aevy asked whom to invite in the next episode, I chose BILLIONAIRE and commented Nikhil Kamath's name And here we go......They did the same. Thanks Aevy Team ☺️✔️💕
Hey Aevy TV kudos for such amazing content. By the way I wanted to know how you got this data and also I wanted to ask that like US has its building permit survey every month does India have anything similar or equivalent to it.
In Pune, even the outskirts where there is thin population, many project launch is happening as a villa and plot system and they are charging 1.5 to over 2 cr. Sometimes I feel that it’s only because many politicians are in this game that even lands which could be too cheap are expensive. And thing is that they hold these properties for long because they know that what they are charging and if buyers come even after 2-3 years as well, then also they are in profit.
Just realised, there should be TH-cam channel on property and real estate related cases, it's laws, its real time value in white and black, how builders do their buisness etc because there are countless videos on in depth stock market while i don't know if there are any on real-estate market
Scenario 2 is half researched.. many factors are brought in conveniently and considered as static.. it is never a text book scenario.. ideal way is to take the real estate business as a case study and then put up scenarios/perspectives from both sides.. Also, genuinely Mr. Nikhil Kamath has to do more findings on appreciating properties then finding distress sale on Google.. after all he too is a broker
The irony of this video is the fact that a billionaire who pays next to zero taxes is speaking to us that the government should tax the properties more, who primarily belong to the middle class. Such a time we all live in!
Renting a house at 2-3 percent of property value is not so true in practice. I was paying over 3% including maintenance charges while renting an apartment. On top of that 10% increase in rent on a yearly basis creeps in which causes it to go over 4% in a couple of years. This advice doesn't sound practical for most people with an average income.
Please keep in mind , Bank managers are in hurry to lend loan and meet their targets. If property is under home loan , don't think bank scrutinizing carefully.
Nicely presented video. But I would recommend you guys to take a look at transportation industry also where prices of trucks going up along with fuel cost but profit margin becoming low and low. There is immense amount of corruption and black money in out in it. Found out through some research.
just a suggestion guys, try and keep the bgm on the lower side. the bgm is a blocker when I try to watch the video at 1.5x or higher. also, keep up the good work!
Everything can't be measured in Excel sheets and no matter how many good financial decisions one make, death is inevitable. Home provides a sense of security and peace. Among finest things money can buy. So if you can afford to comfortably buy a home, buy a home.... And I hope Nitin kamat uses Uber for transportation and doesn't own any car cause car too is an depreciating asset
I think this does not apply to the tier 2 and tier 3 cities because the prices are moderately but also there is a guarantee that the prices of the said property are going to shoot through the roof. One of family owned flat was bought for 8.5 lakhs in 2002 and now it is worth around 40 lakhs, and I live in Nashik, a three hour drive from Mumbai. What do you think?
that's around 15% cagr which is a reasonable return but if it's purely from investment standpoint, why not just buy a mutual fund. Less risky, easy to buy and sell.
time has changed so fast that even the top CEO of company who are billionaires are coming to collaborating with content creators who have less money as compared to them but have more social currency from them....but hats off to the dedication creativity level and consistency of a aevy TV...learning a lot from you guys
He is making his name/face brand
Which is good
Dude Varun Mayya is millionaire himself
Bhai aap Varun ko nahin jante shayad
@@ziasmailbox well he is an entrepreneur
I was wondering why owner of Zerodha is collaborating on this video. Then I get it. If someone buys a house, they won’t have enough liquidity to put money in share market. And guess who loses on it. Exactly! Pure marketing genius by Zerodha 😂
Innovative sponsored video 🔥💯
He doesnt even market his own business
@@vfr45rfv he is doing the interview in his office space. He is advertising True Beacon.
You are smart on this point
@@vfr45rfv wrong. You know finfluencers shill affiliate links to open demat accounts. Guess who pays them.
Damn how the times have changed
Earlier people used to explain NFT with example of real estate, now we explain real estate with the example of NFT
That's what I was thinking! 😂
😂
@@yashxgx
face-green-smilingface-green-smilingface-green-smiling. How did u get this?
@@yashxgx what how did you get this emoji
He’s missing 1 major issue in renting v/s buying: nakhre of landlords, increasing rent every year & looking to shift to new places every few years due to rent/ other landlord issues
Biggest issue I have with renting is what will one do post retirement? Without pension, one cannot afford rent and to move if owner asks you to. Renting is not all today as these kind of videos make it out to be.
@@Whatreally123by then if you are not a billionaire then it's a waste of life time .
As an area starts to develop the rent and the prices of properties around automatically start to raise, or it's a loss for the land owner especially in a rapidly developing area like somewhere in the outskirts of the urban city
The only billionaire who defeated vishy anand in a chess match.
Edit: No hate to anyone. I wrote this sarcastically, didn't expect the likes and replies.
😂😂😂
by using the computer simultaneously, mention it too. 🙄
The only billionaire who used AI to defeated vishy Anand in a chess ♟️ match
By cheating
Forgot to add "using stockfish"
I just noticed a Funny and Fabulous Point here by just checking the Thumbnail or Title.
Overall message of the Video is don't buy a House instead Invest this money at other Places instead of Real Estates.
People will save more, invest more, but where?
In Stock Market and Zerodha is the King when if comes to Stock Market investing, which is Founded by Nikhil Kamath and Nithin Kamath.
That's is why Nikhil Kamath collaborate for this Video ✌️🤝🙌
Ese hi nahi Billionaire ban jate bhai 😂
1000 IQ😱
@Atul Anand 🤝🙌
@@YashVarshan Thanks Brother 🙌🙏
That's what Nikhil Kamath was there for.
crazyy 200 iq🤯🤯
Just completed the video and it's amazing. I understand it's long already but I really hope you can make a part 2 for this video and talk about the following:
1) Excess inventory aka projects completed but unable to sell.
2) Builder defaults - Builders with excess inventory taking up more and more projects and get stuck in a loophole and finally default.
3) Importance of RERA
4) How making registration tax negligible (as close as zero) will reduce black money combined with higher property taxes.
5) Break-up of construction cost vs land cost to show how construction cost is actually negligible and the main blackmoney goes towards land cost.
There are 000s of apartments in Bangalore that have legal issues and also hand been financed by leading banks and also cleared by lawyers. A buyer has to be aware of all the legal requirements and not rely on banks and lawyers
Renting is always better if you want to live in a city, while buying is always better if you want to invest in a developing area.
everyone buys homes when you have money
@@fwefhwe4232 exactly
Real estate is getting so convoluted and corrupted that buying a house or a piece of land is incredibly stressfull. Good video really engaging
I live in a small town in Assam. There the prices have risen higher than many big cities, even metros. This happened just because people use it as a way to turn their black money into white
Its the only correct answer. FSI and others are nothing atleast this time.
Nikhil Kamath runs a stock brokerage firm, obviously, he'll recommend stocks over real estate! being the most prominent brokerage firm, they will have the benefit.
Also he can expense his rent out as ceo quarters.
This is now at next level, all billionaires don't own home is like a joke of the year.. this kind of philosophy comes to mind after they all settle up their life first and thinking to settle their extra money and then thinking not to own new house and rather rent it.
They do already have lots of properties or invested and they told this philosophy to normal peoples.
BEWARE :: ALERT
atleast one home must be there for you or your family where no body kicks you or your family out anytime.
if you own 2 or more then above video will be helpful.
This is an amazing concept of passing on the message via full skit , this concept helps us to understand the content more in dept. Kudos to the Varun bhai and team ❤❤
faxx
I (M 25) bought a property that is approx 12km away from the city. My dream home is about to finish and we will be moving there in January or February, maybe. I got it in very sasta and now the place has started developing (lol to new owners).
I don't know why im sharing it here but bross you can learn.
Nikhil kamath has an agenda.
He wants more people to invest in stocks which indirectly benefits him.
Although I believe one should have diversified investment
Real estate 70% 10-15 % gold
10-15 % stocks
Rest in FD.
Very informative video. However, I think there's a conflict of interest when someone like Nikhil Kamath (who owns a stock brokerage firm) is brought in to speak about the real estate market.
Someone from the real estate market or someone neutral would make more sense as there's no way Nikhil Kamath is going to publicly say that the real estate market is a good idea.
We were missing MBA skits in many videos
Now finally having some nostalgia ☺️
Please enlighten me as to what MBA stands for.
@@IdOnThAvEaUsE69 It stands for Master of Business Administration
@@Shashank_ssm I'm grateful for your reply. Again, thanks a lot.
Just thought the community post was a joke, but then an actual billionaire appeared. I see from this, the amount of effort you guys put in is incredible and unimaginable for a common man like me.Keep creating,Cheers!!!
just imagine the amount of losses Indian developers are facing just because of FSI limitations in India.
it's actually the other way around. People buy the property knowing FSI is limited. If FSI is increased, it generally DROPS value of land because it solve the "finite land" problem. This is why no one in India is increasing FSI.
@@motog-rocks6544 I m talking from the perspective of builders, the land wherein they could have build 5x the floors which they are building currently would have resulted building more and more flats, commercials which is great for builder's itself yeah price might have dropped because of high supply but if you take other countries example even with high FSI the property market is growing at stable rate.
@@motog-rocks6544 and other countries see India building horizontally rather than building vertically, building more and more horizontally spreading out your cities costs more road development, connectivity issues, and many more issues. Even with the FSI limitations Mumbai seems to be a world class city just imagine not having those FSI limitations, India would have already developed a high world class infrastructure in terms of residencial space.
FSI limit is there because unlike other countries, the road, water and sewage infrastructure do not increase as number of houses increases. If FSI is not restricted, everyone will build 25 floor houses in 1200 sq ft with narrow approach road and no sewage/ water connection.
You can always debate that infra should increase, but common infra does not increase in India as easily and that is the fact.
I understand its much better to rent for an average Indian and they should rent, but for someone like Nitin who can easily afford atleast a 10cr house without feeling a pinch in his pocket it doesn’t make any sense and its a stupid flex from him. If you can easily afford it then why not buy it since house is actually a necessity and no matter how logical you get your house is your house and its not a depreciating asset like a car, you at least earn 3% increment. Think of it as a debt investment
its because he might still be sure of the city hell stay in long term, 10 years ? may be 12 ?
The Sole reason of lower FSI is that, if government gives permission to build 20-30 floors, only a handful of companies will remain in the real estate market like Godrej, DLF, Ember etc. Small real estate developers might not have that amount of cash in hand to produce 20-30 floor buildings but they do create huge amount of job opportunities for labour class. This is why government can't do that
That’s a great insight.This is the side of the story they should have also looked into while making this video. Not to takeaway from anything that Achina has stated as facts in the video.
Mr Kamath has advised a basic economic error of increasing the property tax to 1 percent of its value per year.
This will immediately increase the rental values of our houses by multiple folds. Now our land values are close to those of manhattan, in future our rents will be more than that of Manhattan if property tax increases
rents might increase but buying a house might get cheaper.
Mohak made a very good video on it too please ab hatrick kardo and mohak ke saath collab kardo pakka 300k+ before year end I know n always root for you guys and u will touch it !! And nice way to show varuns normal hair in wedding pics and not chapri phase 😂😂😂😂😂😂 also varun ne sabke baal ka bharta kardiya for videos what man !!
🤣😂😂😂😂
Mohak is biased in political videos
What a great content few months back I used to work in real estate i can relate each and every point!
Property prices are proportional to the facilities available around the property . Facilities involve schools,colleges, hospitals ,infrastructure,metro, transportation,job opportunities,companies.
There’s a township project at some distance . They used to sell at Rs.2000/sq.ft at launch 10 years ago but now the rate is Rs.7000/sq.ft in that area because no inventory available now. They launched new project nearby it at Rs.6000/sq.ft now.
It’s now seller’s but buyers also offer exorbitant prices to acquire a property.
Amazing video! But I would differ on the increase in house prices in Mumbai. In South Bombay, the rent of apartments got an average hike of 20%. This was even covered by a money control article.
Rents have shot up due to the end of WFH in many industries and due to the fact that younger generation is opting for rent instead of buying. Property prices are actually stagnant, you are hit with the reality when you put your house for sale. Only builders inflate their prices for their new projects, their rates are far higher than the market reality.
This concept may be viable for bangalore and Mumbai, other cities have different stories to tell. But covered a good topic in extensive level with different insights. Great work.
Appreciate the effort your team put in to explain a complex topic... But still there are many more factors which have not been covered as to why one costs more than the other.. ex land A and B.. many more factors are still present within it.. just giving my take on the video.. 😃
Appreaciate your efforts!
Every episode gets better with new release!
Just a small feedback, if you can keep rupees & lakhs/crores, instead of millions
Every one enjoying and liking this video will be eventually buying a house . I had the same thought process 10 yrs back, paid 40 k rent for a big white house kinda house in North Delhi. One disagreement between the owner and me over parking was enough for me to realise the importance of owning a house.
Nikhil Kamath’s deep fake is so close to the real guy!!!!! 😅
love your content. never missed your videos. thank you for all those efforts you take.
Me being from a builder family I can agree with a lot of things. Great Video!! Keep Growing!
Here in Mumbai the price of houses has leaped 10 times compared to what they were 20 years ago. The same flat that costs 1 to 1.5 crore today for a 1BHK use to cost around 10-15 lakhs 20 years ago.
Ya that time my family bought 3 houses. Now I can't even buy one in Mumbai. I'll buy in usa or Europe. Cuz their houses are cheaper than mumbai now. And most mumbaikars doing same thing now.
I have inherited my father's house in Noida this year. We bought it 2011. Price of the house has increased after metro connectivity but after that it is same.
THANK YOU! I thought I was the only one facing this issue. But If you dream about buying a plot and building your own House in India, IT IS A COMPLETE NIGHTMARE! You have to grease palms left, right and Center and even after that you might not be able to build your dream house. Encroachment is another disturbing issue! You might find a nice piece of land and even be able to Build your house but the next thing you know there is encroachment and Shanty's cropping around the house making the entire locality go dowhill!
But this is at least a start considering people are understanding the problem. Kudos to you.
Speaking of transparency, there is an app call Indextap. Which provides registration data of properties.
There is no word used as 'black money' either the builders use the word 'cash' and the main reason for no increase/decrease in property price is due to the area which the building/ land is located
The burden 1% tax on properties which he proposed will be eventually transferred on to the tenants by increased rent prices
But atleast the people who are holding the property will be pushed to renting it out as they would be losing money if they just held it. Overall this would heavily increase the supply of houses available for rent and reduce rent more than increase it.
There is a building near to my house, more than half of the units are lying vacant due to high prices since last 7-8 years. Now another better building is being constructed adjacent to it.
One fascinating realization from this video is that how the fertility rate today (&future) will be a deciding factor when it comes to real estate price 60-70 years down the line. No wonder finance is deeply rooted in our day to day lives. It's all about connecting the dots right.
I really appreciate the efforts that went into making such an informative video. totally loved the presentation by Achhina.
Amazing as always. Love your content!
By the way, what's the background music? It's pretty catchy
Great work guys the best content in youtube nowadays
Zerodha founder indirectly saying: I want you hold stocks rather than piece of land or apartments. Seems biased to me
I love this channel. The videos are made on very different topics and quite off from just what's trending. And that's exactly is why Aevy Tv is a vibe 😀
Thanks for sharing the insights, really helpful
Such an informative video with great visuals. Kudos to the production team
AS EXPECTED BEST VIDEO FROM YOU GUYS 👏 ❤️ CLAP FOR YOU GUYS
This channel is awesome ,Varun mayya is truly inspirational and the way he dissects any scenario or case studies shows his extraordinary intellect .I do miss the music videos at the end .Hoping to see similar case study videos for tech- companies like :
(1)rise and fall of controversial companies like Theranos , Nikola, enron, Fyre festival ,dan bilzerian etc
(2) rise and disruption created by google, instagram , AOL,Whatsapp ,tesla ,space X.
Many times buyers insists for cash compound, as it will reduce the stamp duty amount.
She is just telling all the information that my 10th pass uncle knows "in english and sophisticated terminology" and running his property business successfully.
Dude why are we still calling Mumbai as Bombay? I know for people leaving outside Maharastra, it's cool. But for us, it just fucking hurts 😭
No buying is still better, don't listen to them..
Prices of New flats are always higher than they were 10 years back...
And rent will also increase.
Rents may not increase every year,but in every 5-6 years,rents are seen a cumulative rise...
So buying is the best option in long run..
If possible buy near the outskirts.. in future it will be developed,so struggle for a few years may be 10
Tier 2 and tier 3 indian cities have two prices for the same piece of land which is almost 3 to 4 times of the price mentioned in the Agreement. Can you please throw some light on it?
This housing problem is not only in bangalore it is all over india.
Explained in an detailed easy manner actual info starts at from CEO Conversation 👍👍
not allowing sky scrapers has its benefits lin cities like chennai which has a very scarce water in the water table. buliding an apartment on a space of around 1 1/2 ground for example can drain the same amount of water as 4-5 houses. also there used to be whole lot of lakes which were filled up and buildings built on top of it.
Superb Video as always, I just hope i could be able to research at this level and become a content creator one day.
Love you videos and as I want to become a businessman myself so your videos really teach me
appreciated a lot 💚💚💚💚
Editing & production quality just 🔥
Lovely i already knew most about it thanks for the brush up.
“Hardly find a market to exit at that level”. I stay in Kharadi, Pune. Property price in Gera World of Joy for a 2 bhk villa was Rs 95 lakh when sold in project stage in 2019. Today those villas are fetching Rs 1.75 cr
Mumbai have skyscrapers. It actually have 5th largest numbers of skyscrapers in the world. 150m+.
And many more are under construction. Mumbai currently actually a large construction site.
Also Mumbai don’t have just FSI of 2. Depending on location, it can goes upto 5. Some builders also got fsi upto 12 after paying premium.
Mumbai is third world city if you compare with other Asian cities like Singapore, Hong Kong, Dubai, etc. Despite being financial capital of India and home of Bollywood.
I gotta comment this time. Your actual content is priceless. That's the reason I subscribed. But the short funny clips that you add makes me want to either forward or skip the whole video altogether.
I don't know the reason you put these clips in between but it's my opinion to either remove them completely, or add something else.
Other than that, I absolutely love your research and the actual content.
Keep making more!
In a community post when Aevy asked whom to invite in the next episode,
I chose BILLIONAIRE and commented Nikhil Kamath's name
And here we go......They did the same.
Thanks Aevy Team ☺️✔️💕
Great work.. appreciate it!!
peak quality content, hope your channel grows faster.
Hey Aevy TV kudos for such amazing content. By the way I wanted to know how you got this data and also I wanted to ask that like US has its building permit survey every month does India have anything similar or equivalent to it.
In Pune, even the outskirts where there is thin population, many project launch is happening as a villa and plot system and they are charging 1.5 to over 2 cr. Sometimes I feel that it’s only because many politicians are in this game that even lands which could be too cheap are expensive. And thing is that they hold these properties for long because they know that what they are charging and if buyers come even after 2-3 years as well, then also they are in profit.
4:27 Again MBA Roasted 😂
And Idea of This would have definitely came into the mind of None Other Than
"Varun Mayya"
Just realised, there should be TH-cam channel on property and real estate related cases, it's laws, its real time value in white and black, how builders do their buisness etc because there are countless videos on in depth stock market while i don't know if there are any on real-estate market
How about issue of selling the property? Have heard that you have to always sell the property at a discounted rate than market price
Youth will challenge the norms set and make change using data and knowledge. Hope 🤞🏾
😍😍🤩🤩😍😍
Always fascinated with the quality and topics of the content♥️🌸
You are an amazing teacher too :)
You guys are rockstars!
That dream accent "ITS FREE AND YOU CAN ALWAYS UNSUBSCIRBE LATER" was niceee!!🤣
"....my husband, Varun and I". TRIFECTA OF REALITY
This video needs to be more elaborate & have a part 2 as well!
Your videos are very informative. thanks for doing such an outstanding work!!!
Scenario 2 is half researched.. many factors are brought in conveniently and considered as static.. it is never a text book scenario.. ideal way is to take the real estate business as a case study and then put up scenarios/perspectives from both sides.. Also, genuinely Mr. Nikhil Kamath has to do more findings on appreciating properties then finding distress sale on Google.. after all he too is a broker
The irony of this video is the fact that a billionaire who pays next to zero taxes is speaking to us that the government should tax the properties more, who primarily belong to the middle class. Such a time we all live in!
Renting a house at 2-3 percent of property value is not so true in practice. I was paying over 3% including maintenance charges while renting an apartment. On top of that 10% increase in rent on a yearly basis creeps in which causes it to go over 4% in a couple of years. This advice doesn't sound practical for most people with an average income.
Please keep in mind , Bank managers are in hurry to lend loan and meet their targets. If property is under home loan , don't think bank scrutinizing carefully.
SBI Home Loan is the answer
Damnn
you brought Nikhil Kamat
pretty epic !!
Do you guys pick up your topics from upsc questions? Upsc just asked this year urban housing crisis in upsc mains 2022
@5:20 it's not a pure sellers market only in Mumbai. It's all over India. There is huge demand but less supply.
Thanks for this..😀
Lovely explanation of FSI. Iv been in Mumbai for 10 years now. Aaj pata chala what exactly FSI is...
Nicely presented video.
But I would recommend you guys to take a look at transportation industry also where prices of trucks going up along with fuel cost but profit margin becoming low and low.
There is immense amount of corruption and black money in out in it.
Found out through some research.
just a suggestion guys, try and keep the bgm on the lower side. the bgm is a blocker when I try to watch the video at 1.5x or higher. also, keep up the good work!
Everything can't be measured in Excel sheets and no matter how many good financial decisions one make, death is inevitable. Home provides a sense of security and peace. Among finest things money can buy. So if you can afford to comfortably buy a home, buy a home....
And I hope Nitin kamat uses Uber for transportation and doesn't own any car cause car too is an depreciating asset
TH-cam suggested this video. And woah, i did loved the detailed explanation. Mast video didi☺️
Insightful video
Thanks and keep up the good work 👍👍
I think the point where the brokers artificially inflate the price should have been explained in depth.....
Already explained by Mohak Mangal! But you guys did a great job in English!
I think this does not apply to the tier 2 and tier 3 cities because the prices are moderately but also there is a guarantee that the prices of the said property are going to shoot through the roof. One of family owned flat was bought for 8.5 lakhs in 2002 and now it is worth around 40 lakhs, and I live in Nashik, a three hour drive from Mumbai. What do you think?
that's around 15% cagr which is a reasonable return but if it's purely from investment standpoint, why not just buy a mutual fund. Less risky, easy to buy and sell.