To all the people, telling the creators why aren’t they speaking only in English or why Hinglish? They are performing for you. They are adding humour for you. They are more comfortable speaking in that manner. Appreciate the efforts. They have subtitles. You don’t want to read? Find another channel that makes videos exactly the way you want. I know it’s difficult for non Hindi speakers but at least you can read the subtitles whenever you don’t understand something. STOP BEING ENTITLED.
This is amazing content. I am amazed by how the scripting is done since the conversation between both of them seems so relatable and genuine. But they shoot is so well that they cover all aspects to consider. Amazing work both for learning and observing how organic looking content can work
All the guys here bashing them for using hindi sentences. Common. You guys can watch anime in japnese in English subtitles, turkish drama with english subtitles and you prefer watching English movies in English so that emotion don't gets lost in translation. Why can't you guys give them creative freedom to them to execute their vision? PS: abt ways most of you would be watching English movies with subtitles on so why can't you enjoy it here? Keep it up guys Amaizing content. And please people no abusing and Debating in comments 😅. Anyways I won't be responding.
I watch your videos not just for the content quality on personal finance but also for the brilliant script, relatable humour, awesome acting and the bloopers at the end! Love it! 🤟💛
The blend of fun with knowledge sharing is getting popular and you are nailing it at every corner. I actually wait for your content and watch it even if I'm in the middle of my work. Such gripping it is. Please keep doing more🤙
The video contains several inaccuracies: 1. While it's true that the bank can sell the house after a decade of EMIs, the crucial detail missing is that the proceeds won't be provided to the homeowner. 2. The information about additional tax benefits under sections 80EE and 80EEA is outdated; these benefits expired in March 2022, and specific conditions must be met for deductions. 3. Rental yield , OMG I am so done with influencers spreading this Negativity around it; Personal experience since 2018 shows a significant increase. For instance, a property bought for 1 Cr. with rent under 3 lacs in 2018 now fetches an annual rent of 12 lacs, resulting in a rental yield close to 12% in 5 years, which is quite comparable to the EMI.
Completely agree with the fact that its hard to put a number to the expected ARR and capital appreciation when it comes to real estate. I have investments in both commercial and residential real estate in the NCR and Pune realty markets. Some of these investments have given over 10x returns over the last decade while some of them have barely given 2-3x during the same time. The average rental yields are better in commercial RE but are also a function of the quality of leases. Just like capital markets, the real estate market is also not meant for every investor as it involves high upfront capital requirement, long capital gestation period, low annual returns, and most importantly, no guarantee of a favourable capital appreciation.
Section 80C deductions include not just the home loan principal amount, but others as well like medical insurance, pf and other things. So there is limit to how much one can save under 80C
Simple rule, if you have the 60-70% amount of the house price available with you then go with loan and let the money with you grow faster than interest, otherwise stick with renting
Well said. I am also saving for the same. In India buying a house is an emotional decision. They don't take financials into factor. My friend with 70k salary bought a house and his EMI is 50k. He is currently not married and doesn't have any responsibility but what about after 4-5 years.
@@sanjaybisht3705 Yes, doing that you don't stressed out about future as well as present and once you have corpus then you take advantage of both capital appreciation of house value and interest earning on your corpus but for that you have to assume that you have loan and compulsory keep that amount aside
@@sanjaybisht3705 and in initial phase of your career you don't know whether you will remain in the same city or within the same area of a big city, if you already bought house and then change your location, you can't buy new house and the rental income on the current house is mostly not justified against the leverage you have taken
@@sanjaybisht3705 getting early and regularly doing prepayments is much more better idea than saving more and then buy after 4-5 years. by the time you save 70% of todays flat price. price of flat itself will rise by 30-40% or more. Never ending cycle. But yes i agree 50k emi with 70k salary is stupidity.
*My father bought a 1-room kitchen (1RK) in Bhayandar, Thane district, Maharashtra, in 2001. At that time, the cost was 2.45 lakhs. He sold the 1RK in 2014 for 24 lakhs. I was 9 years old then, so I didn't understand investment or returns, but now I realize it was almost a 10X return. However, I think it was just luck.*
Really appreciating your efforts to teach the basic problems regarding financials faced by average indians. Concept is very good, engaging and teaches in the simplest of the way. Kudos to the editing team and graphics for making it really engaging and attractive. Keep doing the good work.
I think one should go for a flat for residential purposes only. Thumb rule is if you have 60-70% in your pocket then go for an under construction property without a home loan. Go for self funding and enjoy the price appreciation benefits. So invest first make a decent portfolio and then go for buying a flat.
No, your approach is right but if you have 60-70% of the price with you then go for loan and invest amount with you in market or any instrument which will give you more return than the interest rate of loan.
@@Direwolf_999 That's a personal choice, I believe in becoming a debt free person.Moreover returns from the market are linked with risk whereas your EMI or interest is kind of fixed which you have to pay without fail.
@@AN-jd2yp Yeah it's good approach to be debt free but it is for people who don't have money still they try all these expenses like house, car and other things. When you have money available with you and still you take advantage of debt then it's called leverage which rich people use to get richer. It's like using other's capital to build assets even if you can afford it by yourself.
I wish I wish I wish. I could be the one in your talking about this fantastic topics on money. I would love to have this conversation and learn from you f2f. Big fan dude. You guys are turning the knowledge into a simple to understand conversation and that is hitting on the right spot... Dude. Hats off to the entire team on Zing.
I think this was the most clean and simple video related home loan and buying your own house, ever! Speaking from personal experience, don't rush into getting the house on loan unless there is some emotional angle behind it... (even after that please do consider once all of the above mentioned points, get your emergency fund, health insurance, term insurance etc. sorted first) 🙂
This is how I maximized my returns from RE investment; I took SBI max gain loan to buy an apartment in Pune. As I was single with minimal expenses and better disposable income, I was able to full the over draft limit within 3 years(with the help of Bonus/Onsite opportunities). I rented the apartment after purchase. Used the rental income for SIP. During covid, I used the overdraft limit to buy nifty 50 undervalued stocks and eventually filled the over draft limit. This way I was able to get better returns as well as create a physical asset for myself. I hope this helps.
@@0qscvbn0 it’s a type of home loan where you can withdraw money from your home loan account. Let’s say you have loan of 10 lakh and you added/prepaid 5 lakhs today. Your interest will be calculated on remaining 5 lakhs only. Tomorrow you felt the need to use 1 lakh for emergency or better investment opportunity then you can take out 1 lakh from that over draft/home loan account. Now interest will be calculated on remaining 6 lakhs. SBI Max gain is one such home loan which gives over draft facility.
You could have done justice to the thumbnail, by comparing and showing the viewers about EMI Vs Renting. That gives the viewer the basic details to choose for themself
I am with you and understand the real estate annual appreciation part, but we could also factor in the tax savings and get to effective rate the borrowing comes down to. Plus one if you are splitting that with your spouse.
One thing I felt missing is that. Even if the appreciation is only 3-4%, with a loan, you are leveraged. So, in absolute term, it could be a decent. Of course, as we all know, there is another side of leverage.
Like developing countries have more GDP growth rate compared to developed countries, in real-estate also same thing applies. Where there is a chance of potential growth for any reasons (like new infrastructure projects, improved mobility, inclusion to urban areas etc.) the prices will increase like anything. Once saturated, the growth rate reduces. You can also compare to small cap and large cap stocks. But many risks involved like verifying the true property owner 😅
Great Content! I keep looking forward to your next videos, loved the part about tax saving through loan interest, will love watch a video about taxation made easy. Also if the the content is great at least I don’t care about what language you use if there are English subs. Keep it up guys!
Very good the only thing we overlook often. Your salary will increase with age, and EMI will be the same ( So, EMI is depreciating in a manner, will cause you less burden later) Rent will keep increasing, mostly in every 11-12months (the rent is appreciated in a manner), or you have to shift a lower quality home. So, as long as you have a stable job. Living in that house, or giving it a rent 4% annually. It is good. Anyway the appreciation of assets is 4% average So, 4%+4%=8% is not bad. Taking it in EMI is a different part of debate, I think it's not that good.
An EMI of 50k+ will always pinch you, no matter what your salary . Rent rates can't be just increased without logic, rememver properties are plenty and buyers fewer. Wealthy people buy the property and give on rent. Poor people buy property for themselves to stay in.
If we pay any interest before completion of construction then that will be called 'Pre-construction interest' and can be take in 5 yearly blocks post construction get completed. However, your maximum limit of interest deduction continues to be of Rs. 2 lakhs.
Atleast in bangalore, buying made sense to me. Bought a underconstruction property back in mid 2021 and now it's value appreciated by 50% of that value. But as mentioned, we bought the home to live, not as an investment. Btw me and my wife both are working and we save 4lakhs in interest (almost the entire interest portion). So technically, we are just paying the principal amount of our loan each year. Atleast for ny property, loan amount == rent.
Hi team, I really appreciate your effort and of course, the brevity of the content. But, if you wish to, there is still room to reduce full Hindi statements IMO as it is not easy for other language people, like me, to follow seamlessly. I understand the touch of local language which would make this video sail a lot easier to a bigger crowd but wished to voice this out!
@ZingByZerodha Team I wanted to share a suggestion that I believe could take your content to even greater heights. Have you considered making the videos in English instead of relying on English subtitles? This could potentially open up your fantastic content to a much wider audience across the nation and beyond. Your insights and creativity deserve to reach as many people as possible! I absolutely loved this video! 🌟 Your effort really shines through, and it's such a high-quality piece. Kudos to you and the entire team! Keep up the amazing work, and I can't wait to see more from your channel! 🚀
@Zingbyzerodha you guys are doing great. Hindi / Hinglish is best for these videos as your content will reach to massive audience in hindi. Ignore all these people who say English but will watch Spanish shows with subtitles. Hindi/Hinglish is good
Well you got one thing wrong, if you pay EMI for 10 years than you have built up equity in the house as well equal to the amount of principal paid during that period, its not like you will get anything, bank will sell the asset, recover its balance money but will have to pay you whatever is above that, they aren’t allowed to keep everything they get after selling it
Firstly get ready for a criminal offence for failure to pay to the bank before they auction - Most banks will collect a minimum of 3 blank cheques before issuing the loan, which they'd present to the customer's bank account if EMI fails. Once the cheques bounce, it becomes a criminal offence and you'd have a case to fight against. So unless you're 100% sure of your income, don't get a home loan. Rent and relax
If the buyer is unable to pay the EMI, there would still be an option to sell the property. The buyer can possibly make a nominal return, or at least get a deal better than loosing out on the property and invested amount (including the EMIs) The initial portion of the video gives a strong impression that the buyers will loose out on the home as well as the amount invested in the property if they are unable to pay the EMIs.
The home/property is a collateral for the loan - the buyer will be the owner. So the buyer has the right to sell the property at any point during the loan term given the bank is aware of the transaction. In most of the cases the new buyer would also opt for a home loan - so it's a common practice where banks can transfer the loan to the new buyer.
Actually parties ka 30-40k bhi ghar ke down-payment mein include kar hi lena chaiye, agar acche socialite ho toh 1lakh takk, kyun ghar lene ke 1st year mein kaafi logon ko bulaenge.
Hyderabad is experiencing this Paisa double boom in certain areas.I bought an apartment thinking it is an 'investment' in 2020. Sold it in 2023 and just about broke even even though the price per sft increased by 70%+. Reason: high emi, property tax, registration cost, maintenance cost. I didn't give it on rent so lost about 5.2 L income there. But still it's not worth buying an apartment if you don't need it.
Great info and presentation. Can you make a video on how to come out of this home loan trap also? It would be helpful for those who had already taken huge loan and living in anxiety of paying emi. Please throw some light on that as well rather than mentioning if you have taken huge loan, kuch nahi ho sakta. Loan barte raho aur 10 saal baad emi nahi bar paye to haath mein aaya babaji ka tulu🤔
3rd tax benefit doesn't exist as the slab of 35L is ridiculous. Anyway what about other two tax benefits, can they be availed every year or just first year?
Hey Rick, we add subtitles in each video so that it's helpful for people who don't understand Hindi.. Our videos are mostly Hinglish so thar language doesn't become a barrier for learning
@@Zero1byZerodhanah, good thing you people replied. But Hinglish sucks. Doesn't help hindi people as well, as you need English to understand these videos. Only thing you're doing is repelling non hindi speakers. Good job in that aspect. I'm off
@@Zero1byZerodha when English is a common language understand by all Indians, why you people always stick with adding Hindi to English videos?? By doing this you lose your non Hindi speaking subscribers
Sir I am a 20 y old I just have a confusion When u discussed about emergency fund he told I need 50000 rs and 3 lakhs aa emergency But it included house too as 30000 As he is buying the flat now he has to deduct it right Correct me if I am totally wrong Btw one of the best content Thank you❤
Rent should be added in yield and also rent vs EMI should be should consider with rent going up at 8-10%. I bought my mumbai house last year and it’s already giving rent more than EMI
hey, what about the leverage.. We can buy 1cr worth of property at today's rates by giving 10L. Same can not be done in stocks or REITS.. That's the reason why I am looking forward to own some properties..
33 years to get back the investment of 1 crore through rental income? I would like to be a tenant of a property owner who wouldn't increase the rental amount for 33 years.
I bought a flat just before covid in 2020 at 45L. Now the flat is easily around 1cr. It is near to a metro station( 5mins walk). I will not get a chance to buy now near to metro even if I'm ready to spend 1cr. Also I had availed all the tax benefits told by you and closed my loan in 5years. Now tell me which one is better 😂
May be you havent seen the video where a lady says - I will borrow from bank, buy house , rent it, pay back the bank with the rent amount and invest her own money.
Please continue in English. The number of people in this country who can understand hindi, or have some familiar with hindi would be more than English or any other language, and even most the English videos feels like a documentary, and not something hindi speakers can enjoy, which in turn would reduce your engagement. My suggestion would be to make a separate channel for English with the copies of the same videos as you upload here, and continue in hindi here
Shure sir , my parents bought a plot when I was in 1 or 2nd grade , for price of 4000 /1000sq.ft(×4) ,, now it holds value of almost 12 l /1000sq.ft ... And when I was in 12th HSC they somehow managed to get a house for somewhere arround 25l and now it's value is almost 30-35 l .. And my current age is 22 yr . Just our experience , Industrial area developed arround so the hike 😅
Buy plots for good returns. Not sure why everyone talks about tax deduction it doesn’t make much difference. I bought Villa 1yr back and already appreciated 30%.
amazing and very infomative content in a very easy manner with proper plan thank you sir ,I would like you to make more videos about investing inlsum money in a proper way and get it returns in a short period like as you can see many people called themself as financial gurus say many thing to invest in stock and make us to lose money so ....... PLEASE MAKE A VIDO ABOUT INVESTING 10000 AND MAKE IT TO 50000
kya he bhai kya hora yeeeeeeeeeeeeeeeeeeeeeeeeeeeee itne kum views me toh premire jub hue video tub se dekha i expected 100k views at leasttttttttttt views bohut kum he bos underated he bohut ad vad chalao tq.
I already have a house to stay. is buying a second house good for investment vs MFs/Stocks?.. Real estate in Bangalore have grown exorbitantly and given good returns if u consider pre and post covid returns..
I am regularly watching all your videos. Please speak in English that would cover most of the audience. Hope our request will be considered for future videos
What is something that you can say when buying a house and a pizza? 🤔
Let's see who comes up with the besttt answer. Shoot!!
badhiya
I've come up with two statements
"Do you have any coupons or deals"
"How long will it take .... to be ready.."
When will it be delivered 😂
"It feels stuffed"
"Abhi maza baad me saza"
For 80EE deduction of Rs 50,000 as interest, the loan needs to be sanctioned during FY 2016-17. Current home buyers cannot avail such deduction
To all the people, telling the creators why aren’t they speaking only in English or why Hinglish?
They are performing for you. They are adding humour for you. They are more comfortable speaking in that manner. Appreciate the efforts. They have subtitles. You don’t want to read? Find another channel that makes videos exactly the way you want. I know it’s difficult for non Hindi speakers but at least you can read the subtitles whenever you don’t understand something. STOP BEING ENTITLED.
Great comment!
This is amazing content. I am amazed by how the scripting is done since the conversation between both of them seems so relatable and genuine. But they shoot is so well that they cover all aspects to consider.
Amazing work both for learning and observing how organic looking content can work
Hey thanks alot Tejas!! This message from you really means a lot to the whole Zing team ❤️ - Prateek
All the guys here bashing them for using hindi sentences. Common.
You guys can watch anime in japnese in English subtitles, turkish drama with english subtitles and you prefer watching English movies in English so that emotion don't gets lost in translation.
Why can't you guys give them creative freedom to them to execute their vision?
PS: abt ways most of you would be watching English movies with subtitles on so why can't you enjoy it here?
Keep it up guys Amaizing content.
And please people no abusing and Debating in comments 😅. Anyways I won't be responding.
I watch your videos not just for the content quality on personal finance but also for the brilliant script, relatable humour, awesome acting and the bloopers at the end! Love it! 🤟💛
Hey thank you for the love ❤️ Animesh :)
@@Zero1byZerodha I request you to post your content in English. Hindi is not the only language. Please don't make this channel like Zerodha channel.
The blend of fun with knowledge sharing is getting popular and you are nailing it at every corner. I actually wait for your content and watch it even if I'm in the middle of my work. Such gripping it is. Please keep doing more🤙
The video contains several inaccuracies:
1. While it's true that the bank can sell the house after a decade of EMIs, the crucial detail missing is that the proceeds won't be provided to the homeowner.
2. The information about additional tax benefits under sections 80EE and 80EEA is outdated; these benefits expired in March 2022, and specific conditions must be met for deductions.
3. Rental yield , OMG I am so done with influencers spreading this Negativity around it; Personal experience since 2018 shows a significant increase. For instance, a property bought for 1 Cr. with rent under 3 lacs in 2018 now fetches an annual rent of 12 lacs, resulting in a rental yield close to 12% in 5 years, which is quite comparable to the EMI.
Lol. Rental yield of 12% where ??
That's the 🍒 picking.
That would be 1 lac per month of rent. I am paying 30% of that in a flat worth 1.5 cr.
which location exactly? Location is the
Key information here, mention that.
@@pranavarora10 come to Hyderabad. In 2 years my rent went from 17K to 30K in the same house. I didn't shift because others were way costlier.
Completely agree with the fact that its hard to put a number to the expected ARR and capital appreciation when it comes to real estate. I have investments in both commercial and residential real estate in the NCR and Pune realty markets. Some of these investments have given over 10x returns over the last decade while some of them have barely given 2-3x during the same time. The average rental yields are better in commercial RE but are also a function of the quality of leases. Just like capital markets, the real estate market is also not meant for every investor as it involves high upfront capital requirement, long capital gestation period, low annual returns, and most importantly, no guarantee of a favourable capital appreciation.
Section 80C deductions include not just the home loan principal amount, but others as well like medical insurance, pf and other things. So there is limit to how much one can save under 80C
Simple rule, if you have the 60-70% amount of the house price available with you then go with loan and let the money with you grow faster than interest, otherwise stick with renting
Well said. I am also saving for the same. In India buying a house is an emotional decision. They don't take financials into factor. My friend with 70k salary bought a house and his EMI is 50k. He is currently not married and doesn't have any responsibility but what about after 4-5 years.
@@sanjaybisht3705 Yes, doing that you don't stressed out about future as well as present and once you have corpus then you take advantage of both capital appreciation of house value and interest earning on your corpus but for that you have to assume that you have loan and compulsory keep that amount aside
@@sanjaybisht3705 and in initial phase of your career you don't know whether you will remain in the same city or within the same area of a big city, if you already bought house and then change your location, you can't buy new house and the rental income on the current house is mostly not justified against the leverage you have taken
@@sanjaybisht3705 getting early and regularly doing prepayments is much more better idea than saving more and then buy after 4-5 years. by the time you save 70% of todays flat price. price of flat itself will rise by 30-40% or more. Never ending cycle. But yes i agree 50k emi with 70k salary is stupidity.
One of the best rational, logical discussion about home buying.. very much appreciated.. bookmarked
Thank you :)
*My father bought a 1-room kitchen (1RK) in Bhayandar, Thane district, Maharashtra, in 2001. At that time, the cost was 2.45 lakhs. He sold the 1RK in 2014 for 24 lakhs. I was 9 years old then, so I didn't understand investment or returns, but now I realize it was almost a 10X return. However, I think it was just luck.*
One of the best channels on finance I have discovered recently. Keep up the good work guys 🎉
❤️❤️
best way to explain in simple way. great work both of you
Really appreciating your efforts to teach the basic problems regarding financials faced by average indians. Concept is very good, engaging and teaches in the simplest of the way. Kudos to the editing team and graphics for making it really engaging and attractive. Keep doing the good work.
Thank you Hassib, really appreciate you taking the time out to write this. It made our day. See you in the next episode :)
For someone who has just started doing his family's taxes, this was very helpful.
This is going to help me a lot in the taxes a lot this year.
Nice, all the best!
I think one should go for a flat for residential purposes only. Thumb rule is if you have 60-70% in your pocket then go for an under construction property without a home loan. Go for self funding and enjoy the price appreciation benefits. So invest first make a decent portfolio and then go for buying a flat.
No, your approach is right but if you have 60-70% of the price with you then go for loan and invest amount with you in market or any instrument which will give you more return than the interest rate of loan.
@@Direwolf_999 That's a personal choice, I believe in becoming a debt free person.Moreover returns from the market are linked with risk whereas your EMI or interest is kind of fixed which you have to pay without fail.
@@AN-jd2yp Yeah it's good approach to be debt free but it is for people who don't have money still they try all these expenses like house, car and other things. When you have money available with you and still you take advantage of debt then it's called leverage which rich people use to get richer. It's like using other's capital to build assets even if you can afford it by yourself.
Great Sir,All The Best
Keep it up and Keep teaching us ❤
Abhishek is the best !!! Love his role play
Amazing content, camera work , acting and superb editing
I wish I wish I wish. I could be the one in your talking about this fantastic topics on money. I would love to have this conversation and learn from you f2f. Big fan dude. You guys are turning the knowledge into a simple to understand conversation and that is hitting on the right spot...
Dude. Hats off to the entire team on Zing.
Maybe one day we will! Thanks for all the love ❤️
Very Interesting way to make Novices understand the basic concept.. I M LOVING IT ❤
Quite informative and Hindi tone is really matching with our day to day communication style. keep it up
I think this was the most clean and simple video related home loan and buying your own house, ever!
Speaking from personal experience, don't rush into getting the house on loan unless there is some emotional angle behind it...
(even after that please do consider once all of the above mentioned points, get your emergency fund, health insurance, term insurance etc. sorted first) 🙂
This is how I maximized my returns from RE investment; I took SBI max gain loan to buy an apartment in Pune. As I was single with minimal expenses and better disposable income, I was able to full the over draft limit within 3 years(with the help of Bonus/Onsite opportunities). I rented the apartment after purchase. Used the rental income for SIP. During covid, I used the overdraft limit to buy nifty 50 undervalued stocks and eventually filled the over draft limit. This way I was able to get better returns as well as create a physical asset for myself. I hope this helps.
I’m sorry but what is overdraft? Did you take a debt?
@@0qscvbn0 it’s a type of home loan where you can withdraw money from your home loan account. Let’s say you have loan of 10 lakh and you added/prepaid 5 lakhs today. Your interest will be calculated on remaining 5 lakhs only. Tomorrow you felt the need to use 1 lakh for emergency or better investment opportunity then you can take out 1 lakh from that over draft/home loan account. Now interest will be calculated on remaining 6 lakhs. SBI Max gain is one such home loan which gives over draft facility.
0:04 The animation was just awesome
You could have done justice to the thumbnail, by comparing and showing the viewers about EMI Vs Renting. That gives the viewer the basic details to choose for themself
Emotional attachment is the only factor to buy even ur 1st 🏠.. Good clarity guys keep up
Really liked the video... It's informative and yet taught in a easy way... Please upload more videos ...
Loved your style guys. Its just awesome... Feels like its just me getting clarifications from my clever senior friend... Keep rocking.
I am with you and understand the real estate annual appreciation part, but we could also factor in the tax savings and get to effective rate the borrowing comes down to. Plus one if you are splitting that with your spouse.
All fair points :)
The content and the way of sharing information is great. However I would only continue watching this TH-cam channel if the conversation is in English
Huge fan of this playlist.
Hey thank you, which other episodes have you seen Priyesh?
Good one , pls continue the great work
One thing I felt missing is that. Even if the appreciation is only 3-4%, with a loan, you are leveraged. So, in absolute term, it could be a decent. Of course, as we all know, there is another side of leverage.
Sir please continue this series, this is amazing ❤
Like developing countries have more GDP growth rate compared to developed countries, in real-estate also same thing applies. Where there is a chance of potential growth for any reasons (like new infrastructure projects, improved mobility, inclusion to urban areas etc.) the prices will increase like anything. Once saturated, the growth rate reduces. You can also compare to small cap and large cap stocks. But many risks involved like verifying the true property owner 😅
Nice analogy :)
Great Content! I keep looking forward to your next videos, loved the part about tax saving through loan interest, will love watch a video about taxation made easy. Also if the the content is great at least I don’t care about what language you use if there are English subs. Keep it up guys!
Very good the only thing we overlook often.
Your salary will increase with age, and EMI will be the same ( So, EMI is depreciating in a manner, will cause you less burden later)
Rent will keep increasing, mostly in every 11-12months (the rent is appreciated in a manner), or you have to shift a lower quality home.
So, as long as you have a stable job. Living in that house, or giving it a rent 4% annually. It is good. Anyway the appreciation of assets is 4% average
So, 4%+4%=8% is not bad.
Taking it in EMI is a different part of debate, I think it's not that good.
An EMI of 50k+ will always pinch you, no matter what your salary .
Rent rates can't be just increased without logic, rememver properties are plenty and buyers fewer. Wealthy people buy the property and give on rent. Poor people buy property for themselves to stay in.
If we pay any interest before completion of construction then that will be called 'Pre-construction interest' and can be take in 5 yearly blocks post construction get completed. However, your maximum limit of interest deduction continues to be of Rs. 2 lakhs.
Atleast in bangalore, buying made sense to me. Bought a underconstruction property back in mid 2021 and now it's value appreciated by 50% of that value. But as mentioned, we bought the home to live, not as an investment.
Btw me and my wife both are working and we save 4lakhs in interest (almost the entire interest portion). So technically, we are just paying the principal amount of our loan each year. Atleast for ny property, loan amount == rent.
Hi team, I really appreciate your effort and of course, the brevity of the content. But, if you wish to, there is still room to reduce full Hindi statements IMO as it is not easy for other language people, like me, to follow seamlessly. I understand the touch of local language which would make this video sail a lot easier to a bigger crowd but wished to voice this out!
Subtitles
Awesome 🔥🤩 Videos by Zing! Thank you Zerodha Team!
🙌
Your videos are super informative and creative as well at the same time.. ✅
Thank you, see you in the next episode!
I just purchased home but did not know about this Frist timers home buyers get 50k deduction thank you man for this great informative video..
Not anymore, see other comments
It's only for loan sanctioned in FY16-17
@@tmg1219 thank you
I really like your videos. Have shown 3 of your videos and have to say fabulous. I generally don't say anyone but you
Thank you Bishal :)
Really enjoyed...fun learning... Good initiative..Poor chap will not buy 🏠,😆😆
Thanks for dropping a comment, keeps us motivated ⚡️ see you in the next episode
Crux - 10:45 - value of mental peace 😌✌🏽
@ZingByZerodha Team
I wanted to share a suggestion that I believe could take your content to even greater heights. Have you considered making the videos in English instead of relying on English subtitles? This could potentially open up your fantastic content to a much wider audience across the nation and beyond. Your insights and creativity deserve to reach as many people as possible!
I absolutely loved this video! 🌟 Your effort really shines through, and it's such a high-quality piece. Kudos to you and the entire team!
Keep up the amazing work, and I can't wait to see more from your channel! 🚀
Very great guys, try doing these good work
@Zingbyzerodha you guys are doing great. Hindi / Hinglish is best for these videos as your content will reach to massive audience in hindi. Ignore all these people who say English but will watch Spanish shows with subtitles. Hindi/Hinglish is good
Speak to dmart founder for real Estate knowledge or Raymond founder will also do
You are doing good stuff bro❤
Great Content and nice script. I am a fan 🙂
Thank you for the love ❤️
Well you got one thing wrong, if you pay EMI for 10 years than you have built up equity in the house as well equal to the amount of principal paid during that period, its not like you will get anything, bank will sell the asset, recover its balance money but will have to pay you whatever is above that, they aren’t allowed to keep everything they get after selling it
more details please.
Firstly get ready for a criminal offence for failure to pay to the bank before they auction - Most banks will collect a minimum of 3 blank cheques before issuing the loan, which they'd present to the customer's bank account if EMI fails. Once the cheques bounce, it becomes a criminal offence and you'd have a case to fight against. So unless you're 100% sure of your income, don't get a home loan. Rent and relax
If the buyer is unable to pay the EMI, there would still be an option to sell the property.
The buyer can possibly make a nominal return, or at least get a deal better than loosing out on the property and invested amount (including the EMIs)
The initial portion of the video gives a strong impression that the buyers will loose out on the home as well as the amount invested in the property if they are unable to pay the EMIs.
I do not think its correct. Buyer cannot sell the property as the property belongs to bank till the time loan is fully paid.
or someone extraordinary would have to come for your rescue without legal works.
The home/property is a collateral for the loan - the buyer will be the owner. So the buyer has the right to sell the property at any point during the loan term given the bank is aware of the transaction.
In most of the cases the new buyer would also opt for a home loan - so it's a common practice where banks can transfer the loan to the new buyer.
Actually parties ka 30-40k bhi ghar ke down-payment mein include kar hi lena chaiye, agar acche socialite ho toh 1lakh takk, kyun ghar lene ke 1st year mein kaafi logon ko bulaenge.
Such a nice series
Thank you :)
Hyderabad is experiencing this Paisa double boom in certain areas.I bought an apartment thinking it is an 'investment' in 2020. Sold it in 2023 and just about broke even even though the price per sft increased by 70%+.
Reason: high emi, property tax, registration cost, maintenance cost.
I didn't give it on rent so lost about 5.2 L income there.
But still it's not worth buying an apartment if you don't need it.
Its not worth buying house in hyderabad anymore... It is costing minimum 1.2 to 1.5 crores for basic gated community
Great info and presentation. Can you make a video on how to come out of this home loan trap also? It would be helpful for those who had already taken huge loan and living in anxiety of paying emi. Please throw some light on that as well rather than mentioning if you have taken huge loan, kuch nahi ho sakta. Loan barte raho aur 10 saal baad emi nahi bar paye to haath mein aaya babaji ka tulu🤔
Great content please continue with such great content Thanks
Thanks, will do! 🙌
I wish I'd got this knowledge 12-15 years ago.
Give the editor a raise for his work guys🔥
Done ❤️
Nice discussion ❤
3rd tax benefit doesn't exist as the slab of 35L is ridiculous.
Anyway what about other two tax benefits, can they be availed every year or just first year?
can you guys talk in english mostly because your audience are not only hindi speaking people or try making in regional language like groww
Hey Rick, we add subtitles in each video so that it's helpful for people who don't understand Hindi.. Our videos are mostly Hinglish so thar language doesn't become a barrier for learning
@@Zero1byZerodhait's a barrier for non- Hindi speakers. Not sure why Hindi is given a preference.
Please continue with Hinglish, thanks. Absolutely love the humour!
@@Zero1byZerodhanah, good thing you people replied. But Hinglish sucks. Doesn't help hindi people as well, as you need English to understand these videos. Only thing you're doing is repelling non hindi speakers. Good job in that aspect. I'm off
@@Zero1byZerodha when English is a common language understand by all Indians, why you people always stick with adding Hindi to English videos?? By doing this you lose your non Hindi speaking subscribers
Any suggestions how to get idea from people who are involved in Real Estate to understand the business?
Sir
I am a 20 y old
I just have a confusion
When u discussed about emergency fund he told I need 50000 rs and 3 lakhs aa emergency
But it included house too as 30000
As he is buying the flat now he has to deduct it right
Correct me if I am totally wrong
Btw one of the best content
Thank you❤
Very easy to understand thanks
Great vedio
Thank you 🙏🏻 sir
Isn't 80EE applicable to loan sectioned before march 2017 only?
+1 The loan must be sanctioned between 01.04.2016 to 31.03.2017
Rent should be added in yield and also rent vs EMI should be should consider with rent going up at 8-10%. I bought my mumbai house last year and it’s already giving rent more than EMI
Disclaimer, I’m a govt employee with loan at 6% rate
Nice explanation!
hey, what about the leverage.. We can buy 1cr worth of property at today's rates by giving 10L. Same can not be done in stocks or REITS.. That's the reason why I am looking forward to own some properties..
Deduction under Section 80ee can be claimed only when the loan is sanctioned in FY 16-17.
33 years to get back the investment of 1 crore through rental income? I would like to be a tenant of a property owner who wouldn't increase the rental amount for 33 years.
I bought a flat just before covid in 2020 at 45L. Now the flat is easily around 1cr. It is near to a metro station( 5mins walk). I will not get a chance to buy now near to metro even if I'm ready to spend 1cr. Also I had availed all the tax benefits told by you and closed my loan in 5years. Now tell me which one is better 😂
May be you havent seen the video where a lady says - I will borrow from bank, buy house , rent it, pay back the bank with the rent amount and invest her own money.
Very informative video, Sir
Nice content, educating with humer.
Amazing amazing content!
Thank you Abhinav ❤️❤️
ye abhishek bohot kamaal ka ladka hai yaar 😍😂
Does the tax benefit apply under the new regime as well?
80EE is applicable only for loans sanctioned before 31 mar 2017
commenting for the videos to continue
Quick clarification. I reckon 80 EE has a loan sanction period condition? The loan must be sanctioned between April 1, 2016, and March 31, 2017. No?
That's correct
As a investor I will invest that place which land are on the side of highway because their are lots of benefits.
Thanks for sharing
For 80EE, this condition also need to be full filled "The loan must be sanctioned between 01.04.2016 to 31.03.2017”
Please continue in English. The number of people in this country who can understand hindi, or have some familiar with hindi would be more than English or any other language, and even most the English videos feels like a documentary, and not something hindi speakers can enjoy, which in turn would reduce your engagement. My suggestion would be to make a separate channel for English with the copies of the same videos as you upload here, and continue in hindi here
Shure sir , my parents bought a plot when I was in 1 or 2nd grade , for price of 4000 /1000sq.ft(×4) ,, now it holds value of almost 12 l /1000sq.ft ... And when I was in 12th HSC they somehow managed to get a house for somewhere arround 25l and now it's value is almost 30-35 l ..
And my current age is 22 yr .
Just our experience ,
Industrial area developed arround so the hike 😅
Yes, those factors matter a lot in real estate
Buy plots for good returns. Not sure why everyone talks about tax deduction it doesn’t make much difference. I bought Villa 1yr back and already appreciated 30%.
What is the summary?.. Finally
amazing and very infomative content in a very easy manner with proper plan thank you sir ,I would like you to make more videos
about investing inlsum money in a proper way and get it returns in a short period like as you can see many people called themself as financial gurus say many thing to invest in stock and make us to lose money so ....... PLEASE MAKE A VIDO ABOUT INVESTING 10000 AND MAKE IT TO 50000
kya he bhai kya hora yeeeeeeeeeeeeeeeeeeeeeeeeeeeee itne kum views me toh premire jub hue video tub se dekha i expected 100k views at leasttttttttttt views bohut kum he bos underated he bohut ad vad chalao tq.
Tell your friends about us 😬
Good series
Hey thanks
Are these exemptions applicable to new tax regime as well?
I already have a house to stay. is buying a second house good for investment vs MFs/Stocks?.. Real estate in Bangalore have grown exorbitantly and given good returns if u consider pre and post covid returns..
Maza aaya. Aur ye maza hindustan ke har ek nagrik ko dena chahta hoon. Share karke
I am regularly watching all your videos. Please speak in English that would cover most of the audience. Hope our request will be considered for future videos