I agree this doesn’t work like that, I have been through this and ended selling at break even after 4 years. For this to work, real Estate need to grow at 12+ % per year.
Not possible, If I take 1Cr house and 85 lakhs home loan with 15 lakhs of my own money. Then my EMI on 85lakhs for 30years at 8% would be 62370 per month. So for 4 years I will pay around 30Lakhs just on EMI. At the time of completion my apartment value would be 1.3 Cr (30% value increase), I would make profit of 30lakhs. So no benefit at all. If fact here my 15 lakhs is blocked giving me no returns also interest rate could rise and builder could delay project so too many risks for no profit at all
Gaurav ji, for under construction property you don't need loan for all 85% on the first day. It is construction linked. So gradually you borrow the 85% till the time project is ready. Bit the price was locked when you booked it. Hope that clarifies.
For 4 years you will pay 30 lacks but it’s a combined sum of (Principle + Interest ). principle is the amount which you need to pay & interest amount is the one which will get reduced from your profit of 30 lacks. So as you calculated EMI of 30 lacks in which 15lacks is the only interest amount so after which you will get remained with profit of 30-15 = 15 lac ( Inflation has blunt been adjusted )
I didn’t understand this. Can anyone help me understand the calculations. He is not accounting total investment (15 initial investment + 15 during course of 4 years (interest to bank) so technically you have invested 30 not 15. So CAGR calculation is not 18%? Can anyone help me if I am missing something in my return calculation.
I agree this doesn’t work like that, I have been through this and ended selling at break even after 4 years. For this to work, real
Estate need to grow at 12+ % per year.
Dont fall into trap invest in ready to move in properties only.
Sir
Gst 5%
Registration charges 7.5%
Straight loss
Full podcast link ?
Why so many low views for TRS?
Unfortunately the channel was hacked a few weeks so he's rebuilding the channel from scratch again.
Also when he sells unless someone finds another suitable project to buy in the next 6 -12 months he will loose quite a bit of tax also
Not possible, If I take 1Cr house and 85 lakhs home loan with 15 lakhs of my own money. Then my EMI on 85lakhs for 30years at 8% would be 62370 per month. So for 4 years I will pay around 30Lakhs just on EMI. At the time of completion my apartment value would be 1.3 Cr (30% value increase), I would make profit of 30lakhs. So no benefit at all. If fact here my 15 lakhs is blocked giving me no returns also interest rate could rise and builder could delay project so too many risks for no profit at all
Gaurav ji, for under construction property you don't need loan for all 85% on the first day. It is construction linked. So gradually you borrow the 85% till the time project is ready. Bit the price was locked when you booked it. Hope that clarifies.
For 4 years you will pay 30 lacks but it’s a combined sum of (Principle + Interest ). principle is the amount which you need to pay & interest amount is the one which will get reduced from your profit of 30 lacks. So as you calculated EMI of 30 lacks in which 15lacks is the only interest amount so after which you will get remained with profit of 30-15 = 15 lac ( Inflation has blunt been adjusted )
I didn’t understand this. Can anyone help me understand the calculations. He is not accounting total investment (15 initial investment + 15 during course of 4 years (interest to bank) so technically you have invested 30 not 15. So CAGR calculation is not 18%? Can anyone help me if I am missing something in my return calculation.
what if the builder took money and did not do any construction ?
Buy from rera registered builder
I cannot find the full episode. What nonsense is this?
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