High real estate prices benefit all except the buyer of the house. 1) Local corporation benefits from higher development and plan saction fees. Also people get more bribe to sanction the plans. 2) Banks benefits from income from high amount of interest earned. 3) State government benefits from high amount of stamp duty. 4) Builders benefits by having cheap land bought few decades ago and selling the units at premiums. 5) Local politicians benefit because they get flat in the new scheme at significant discount rates. 6) Broker/ Agent benefits as higher the flat/ unit price, higher the commission. 7) Customer buying is stuck with huge loan with 20 year EMI. He has to pay Society maintenance, repairs & upkeep of flat. Customer on average gets 6 - 7% net returns if given on rent.
Regarding point 7, had the same amount be invested in via SIP , he/she would have gained financial independence ...but no-one will speak that ...just keep shoving middle class to real-estate
In hyd all real estate business is in politicians hand. according to my friend who is involved in real estate 20 to 30 of project value is going to politicians and bureaucrats.
Gold and realestate can be bought by black money. Before changing the tax structure I think givt should first fix loopholes in acquiring the asset and then think of taxation.
How is it unfair for real estate when you can potentially reinvest the whole profit in another real estate without even paying any tax that too after getting benefits of indexation? If anything, it’s unfair to equities.
Yes. the Govt has to rationalize the income-tax structure particularly favoring the middle class who are wealth creators and contributors to the tax system.
If Long term capital gain tax for equities is increased to 20% 70% retail investors (including me) will leave the market. That would be a disaster for any country.
@@AlokJain Reason for leaving equities at 20% tax is the "risk", Returns are the byproduct of Risk we take in equities, I would be happy to diversify in asset classes that are less riskier than equities and still accept less returns, why should we take risk if major chunk goes in tax. My point is increasing Tax is not just the solution of definition any equity class.
Hello sir, I created a smallcase of 12 listed NSE + BSE Realty index stocks (equal weightage) on 4th Jan and sitting on 28% gains already hoping to hold for the longer real estate bull run expected as the RBI cuts rates
I wish the losses from equity after this bull run should be adjusted against the direct tax ... because common man is able to beat (under reported) inflation by investing in equities, the riches are jealous that how white money can beat black money.
If it is so easy to make money from equity markets, then why government has not yet created Soveriegn Wealth Fund like Singapore and invested in US markets including S & P 500.
Today Nirmala ji introduced 12.5% tax on property sale without indexation benefit. Below are my 2 queries regarding this change: 1. Does it mean that if I sell any property this year will attract flat tax of 12.5% on the gain, irrespective of how old the property is? 2. Will this tax be applicable if I sold any property before July 2024?
Can i subscribe to multiple small cases and invest thru aingle dmar account? I am not sure how it works if the multiple smallcases have overlapping stocks.
High real estate prices benefit all except the buyer of the house.
1) Local corporation benefits from higher development and plan saction fees. Also people get more bribe to sanction the plans.
2) Banks benefits from income from high amount of interest earned.
3) State government benefits from high amount of stamp duty.
4) Builders benefits by having cheap land bought few decades ago and selling the units at premiums.
5) Local politicians benefit because they get flat in the new scheme at significant discount rates.
6) Broker/ Agent benefits as higher the flat/ unit price, higher the commission.
7) Customer buying is stuck with huge loan with 20 year EMI. He has to pay Society maintenance, repairs & upkeep of flat. Customer on average gets 6 - 7% net returns if given on rent.
Sad but true
Regarding point 7, had the same amount be invested in via SIP , he/she would have gained financial independence ...but no-one will speak that ...just keep shoving middle class to real-estate
Good points
Most of the black money gets invested in real estate. This is the reason why real estate prices are not coming down.
Ya
In hyd all real estate business is in politicians hand. according to my friend who is involved in real estate 20 to 30 of project value is going to politicians and bureaucrats.
@@Rraj88
Hmm. The rich & powerful will not let real estate prices cool down.
Gold and realestate can be bought by black money. Before changing the tax structure I think givt should first fix loopholes in acquiring the asset and then think of taxation.
Good pt
Equities are very volatile as compared to gold and real estate. That is why tax rate should not be same
I am not sure ABT that approach
Absolutely right .. equities is a risk asset .. Real estate is not..
So this logic of having same taxation is not right..
@@TheLionKing2345who said real estate is not risky? There are several cases of frauds, scam and land encroachment in India.
How is it unfair for real estate when you can potentially reinvest the whole profit in another real estate without even paying any tax that too after getting benefits of indexation? If anything, it’s unfair to equities.
They shd make it same for all
That count down was lucid
Yes. the Govt has to rationalize the income-tax structure particularly favoring the middle class who are wealth creators and contributors to the tax system.
Ya
If Long term capital gain tax for equities is increased to 20% 70% retail investors (including me) will leave the market. That would be a disaster for any country.
Where wud u go
@@AlokJain Reason for leaving equities at 20% tax is the "risk", Returns are the byproduct of Risk we take in equities, I would be happy to diversify in asset classes that are less riskier than equities and still accept less returns, why should we take risk if major chunk goes in tax. My point is increasing Tax is not just the solution of definition any equity class.
There is no benefit to end user who want to purchase for use. This will benefit only builders not common man.
Ya
Hello sir, I created a smallcase of 12 listed NSE + BSE Realty index stocks (equal weightage) on 4th Jan and sitting on 28% gains already hoping to hold for the longer real estate bull run expected as the RBI cuts rates
Ok
I wish the losses from equity after this bull run should be adjusted against the direct tax ... because common man is able to beat (under reported) inflation by investing in equities, the riches are jealous that how white money can beat black money.
What an insight, sirjee!!!
😊
If it is so easy to make money from equity markets, then why government has not yet created Soveriegn Wealth Fund like Singapore and invested in US markets including S & P 500.
Haha
Real estate gets benefit of exemption under section 54
Today Nirmala ji introduced 12.5% tax on property sale without indexation benefit. Below are my 2 queries regarding this change:
1. Does it mean that if I sell any property this year will attract flat tax of 12.5% on the gain, irrespective of how old the property is?
2. Will this tax be applicable if I sold any property before July 2024?
pls ask a CA on this.... i dont want to risk giving wrong info for actual transaction
Ok thanks 🙏
Real estate has become unaffordable for majority of people...
Yup
But real-estate prices are very high vs income.
very informative
Tks
nice summary
Tks
How long do you think this rally will continue any estimate???
Nobody knows
Can i subscribe to multiple small cases and invest thru aingle dmar account? I am not sure how it works if the multiple smallcases have overlapping stocks.
It will not matter if multiple smallccases are done in single demat.
sir 95% log Hindi samaste hai,sir only5% ke liye English videos,please hindi
Ok