Why Can’t Real Estate Prices Collapse? - Nikhil Kamath Questions Experts

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Пікірлер: 421

@rdas072 2 ай бұрын

The confidence of these people gives me the confidence that real estate will soon see a crash like never before. How soon, who knows.

@V3NG3ANC33 2 ай бұрын

Have been hearing this since the last 10 years

@mathurp6889 2 ай бұрын

Have been hearing that since 20 years. Sure there are short term dips. But with 1.4 billion people congested in a small space, real estate can never stop growing. People don't realise how huge China is as compared to India. We are a small country with lots of people.

@chilpeeps 2 ай бұрын

Not gonna happen

@priteshpatil5363 2 ай бұрын

@@mathurp6889 Bro japan also have less land still prices collapsed and brings a lost decade in their economy

@prashanthb6521 2 ай бұрын

@@mathurp6889 China USA Canada prices have already crashed now. In which world are you living ?

@Pallab-wx3rf 2 ай бұрын

There will be a point when houses in the US will seem cheaper than Bangalore

@princeofheaven19 2 ай бұрын

They are already

@Propraj 2 ай бұрын

Already if you compare gurgaon and the quality of houses you get.

@navusingh6125 2 ай бұрын

They already are

@nehawasnik9623 2 ай бұрын

That point arrived 5 years ago. 1000 sq ft 2 bhk 10-12 miles around the city of Boston can give you a monthly rent of $2800 to $3000 depending on how good the apartment/ house is maintained and it costs less than $600,000 to buy again 10 miles outside Boston where a white collar job gets you $130,000 minimum pa. The jobs are also not necessarily in the city of Boston so you could be working in a suburb of Boston hence could be living 3 miles away from work or 12 miles from work give or take any possibility.

@SG-tz7jj 2 ай бұрын

This is very correct around half a million dollars you can get a much better deal in major city in usa may be slightly say 5-10 miles from downtown.with much better amenities once you move outside of your home I mean cleaning, infra etc..

@navinraut5920 2 ай бұрын

The syndicate of Real estate owners collaborate to keep prices favourable to themselves. Plain and simple

@asheeshverma6359 2 ай бұрын

Nikhil’s counter is absolutely right. Deflation in china’s real estate is best example of it. No demand means no supply. Population is not increasing rather it is seeing decline all over the world and India will not be exception to this.

@sujesh4684 2 ай бұрын

Bangalore had a population of 1 Cr. just prior to the pandemic Feb. 2020. In 2024 it is estimated to be 1.4 Cr. Overall population might decline. But urbanisation and growth of particular sectors and cities will continue

@shashankrawat4437 2 ай бұрын

China example doest fits us, our infrastructure is trying to catch up to the demand which is increasing the price. In cities Infrastructure is way behind compared the kind of population that lives there. We need more inventory and lots of planned urban affordable housing which is not happening. Artificial shortage has been made by government and builder nexus it take decades to convert farm land for residential use which drive the residential price sky high. We are land rich country still facing problems like Singapore because of slow government policies.

@19godfather93 Ай бұрын

Japan already has a huge problem of millions of abandoned homes in non urban areas.

@silversurfer1967 Ай бұрын

Problem is we know china population is falling and Indias is still rising

@kautilya1991 Ай бұрын

Not for another 27 years boss

@vinishshetty8055 Ай бұрын

Comparing real estate (land) to fake estate (apartments) is like comparing gold coin with copper nickel. While Land value will skyrocket in 10 years, Flat value will see a fall after 10 years. If you want to invest money in the real real estate, Invest in tier 2 and tier 3 cities across India where there is potential for your investment to grow in the next 10-15 years, Where you can afford to park a major chunk of your funds and wait for it to grow. Entering real estate in large metro cities is not just expensive it's not very lucrative in short term due to saturation of the market. Buying real estate in large metro cities like Mumbai or Bangalore in partnership will only expose you to future litigations, If you want to own real estate own it under your own name.

@FaisalKhokarOman Ай бұрын

As someone with experience ve in the industry, Very, very smart advice!

@hp2536 2 ай бұрын

until INDIA remains the top IT service provider country, money will keep flowing in & Indian real estate will be stable & grow in a good average, but the day India lost its crown of being one of the top IT services provider then the real estate sector will start to go down like anything.

@pardeepkumar-lj4yp 2 ай бұрын

Absolutely true.

@abhitoshghongade5098 Ай бұрын

it will come as south Asian pick up Chinese investment and gain English. They are getting both good education and skills

@adityaswaroop8166 Ай бұрын

Vietnam 🇻🇳 say namaste

@Bhargav141 2 ай бұрын

It's not about developers who have raised the prices of real estate. It's Banking System for whom Home Loan Interest is steady income.

@aninda2457 2 ай бұрын

Partly true, but developers could sell the inventories mostly because of home loans, otherwise their buyers would have been in less in number.

@akhilhegde346 Ай бұрын

Exactly banks use this properties as collateral how will a bank lower the value of the collateral no bank will do it they will happily increase the value of the collateral this game will unravel but it will take time

@partha1819 Ай бұрын

Correct. Bank has Midas touch. Whatever they touch turns into gold.

@Pallab-wx3rf 2 ай бұрын

Bengaluru's biggest SCAMMERS( REALTORS) sitting on the table ! Thanks for spiking property prices tho

@yadavfamily3447 2 ай бұрын

@@Pallab-wx3rf floods & traffic

@pavankulkarni3480 2 ай бұрын

Totally...! Wiping out forests trying to acquire land that are protected and then spiking the prices. There's absolutely no meaning in the Bangalore's housing prices.

@aninda2457 2 ай бұрын

Real estate is basically an inventory, and not land. So better live on rent and buy a land in remote location and wait till it gets developed enough to increase in value.

@shreyatongya6706 Ай бұрын

💯

@AK-jk9rm Ай бұрын

Nice perspective 👍

@kautilya1991 Ай бұрын

This is true. Rental yield in india does not justify being stuck in an illiquid market. Renting is just better

@riteshsingh811 Ай бұрын

Only if rental price is in check . The landlord is getting too greedy

@rdas072 2 ай бұрын

Their argument is urbanisation, higher income and population. China had all these things. Look at their real estate.

@prashanthb6521 2 ай бұрын

Very true.

@bakarwadi-r4x 2 ай бұрын

Awesome reference bro

@Abhimanyu-jw8yw 2 ай бұрын

Their population is decreasing and they built more than demand

@Confucius_Says... 2 ай бұрын

China had massive oversupply.

@anuragpandey2635 2 ай бұрын

China is way ahead of us. It would take 20-30 years for us to reach us there…

@naadanparinda9056 2 ай бұрын

Come to Noida, the prices have fallen by atleast 20%. It's just that old home buyers aren't willing to sell at loss and sticking to it thinking MAYBE after 5-6 years it will fetch them some Value.

@raviaryatube 2 ай бұрын

Dude which sector.. I don't think so..they have stagnanted but not dropped

@princeofheaven19 2 ай бұрын

Where in Noida , at least the gated communities are going strong

@naadanparinda9056 2 ай бұрын

@@raviaryatube @princeofheaven19 bought a plot on Noida Expressway in Sector 168 during 2011-12 Noida Hype (FOMO Trap). And next month I'll be selling that plot at 30% more valuation at which I had bought back then. Have been trying to sell that plot after COVID, but no buyer gave an attractive offer. This is the best valuation I've gotten. If I had spent that money in FD then my money had almost tripled during these 12 years.

@prashanthb6521 2 ай бұрын

@@raviaryatube That is what he is telling, they are not ready to sell at lower prices.

@raviaryatube 2 ай бұрын

@@prashanthb6521 yes if no one is selling..then falling price by whatever percentage doesn't matter

@navusingh6125 2 ай бұрын

90% of India earn less than 25k pm, remaining 10% 5-7 % earm between 50k-1 lakh, 2-3 % earning 1lakh to 3lakh pm, then how come and who buying such large real estate residential apartment where price touching 80-90lKh ,and 3-7 crore in major city, here not considering the vast amount of comercial real estate, how is this miss match working, can pls someone explain , how

@yadavfamily3447 2 ай бұрын

@@navusingh6125 black money & NRIs. Also few new millionaires are buying these like crazy which leads to increase in price but common people don't have that money. For these common people owning such properties are a dream so when one of is got lucky with money, the first thing they buy is real estate or cars, and the cycle continues

@Jay-eh5rw Ай бұрын

Great Points. Those who are at top of buckets have multiple properties. I think builders exaggerate demands numbers. There must be many who are willing to sale but haven't getting a buyer.

@shahijgd Ай бұрын

Don't go by numbers, small businesses too have black money. Secondly, you don't buy real estate with 1 year income, there is bank leverage on that

@anootoshsarkar686 Ай бұрын

You are abosolutely right, and let me tell you it's the NRIs who are buying these properties in India for investment purposes. These builders who have high pressure sales offices who can sell sand at 1 cr. per kilo to anybody, so these guys sell Under construction properties to these investors and mostly aspiring homeowners who think they have a home but in reality it's trap. They sign treacherous contracts for the UC properties where builder can get away with the money, and even if they complete that property, it's sub-par at best but their value has already been inflated. Real estate market in India is just a bubble which will burst soon.

@shubhadeepbala3468 Ай бұрын

@@shahijgdEven after a point if the income does not increase proportionally there will be NPA happening all over the banking industry and a chain reaction will happen and will take the shape of a loop, like China.

@rohand04 Ай бұрын

Stupidity is to expect flats prices to increase.. simply because chances of getting demand of a 10 yo flat is negligible.. i have a 5yo 2BHK which I am trying to sell for 2 years no luck.. sometimes I feel if i had kept the money in fd it would be better..

@harshalgawai746 Ай бұрын

Is ur flat in some small G+4 building? Is it some high rise tall tower. It's your issue that you bought the wrong property right?

@rohand04 20 күн бұрын

@@harshalgawai746 nope it's actually a beautiful well developed society with all amenities The Leaf Yewalewadi has 5 towers, with 14 floors each and 475 units on offer. Spread over an area of 10.8 acres, Problem is the builder made some budget flat in the same society and they are being sold at heavy discount.. and we are suffering

@kartikkumarjha9764 2 ай бұрын

I think price of Flats can go down because it's supply has no limit and fluctuations can happen in it's demand . The price of land will never go down because it's supply is limited and it will be always in demand.

@Jeevanmn 2 ай бұрын

Doesn't apply to India- inflation in land prices is a tsunami that will lift even 20-30 old flat prices- and it already has in most metro cities

@nitinkumar7225 2 ай бұрын

The uncle can't believe that RE can go down ever!

@JaihindGM 2 ай бұрын

He is prestige group owner irfan Razaak

@bennetnelson6189 2 ай бұрын

Uncle is one of the biggest RE guys in India

@nitinkumar7225 2 ай бұрын

@@JaihindGM Yes. Understandable. His NW depends on it so I can see why.

@parvjain946 2 ай бұрын

And he is right 😂😂

@soniswati01ify Ай бұрын

Maybe not in his lifetime 😅

@Randomcomment7699 2 ай бұрын

Any real estate developer or gold reseller will always says its ultimate asset but I believe we are heading towards to ghost city similar to Detroit max 15 to 20 years ( no one is considering environmentally issues)

@PABJEEGamer 2 ай бұрын

Exactly. Its like asking advice from the theif how to stop stealing 😅

@AdaniJi 2 ай бұрын

@@PABJEEGamer A better Analogy would be if you ask a seller, should it be worth it buying his product he'll always say yes.

@Mahindrank-w6k 2 ай бұрын

But you need to factor inflation, LTCG, maintananca charges, regostration charges, broker charges which is equal to depreciating capital. 10 years before (say 2013) a property worth 1 crore in all major cities is now worth just 1.6 to 1.8 crores excluding inflation, LTCG, maintananca charges, regostration charges, broker charges which is not even worth as the value did not double just like FD investment. So real estate/house is not an investment. It is just a personal requirement.

@shanzee 2 ай бұрын

The value of asset is proportionate to time. Real estate is such an asset class, which takes upward trend with few minor hiccups. With huge population comes huge demand and competition.

@AdaniJi Ай бұрын

@@Mahindrank-w6k That's the Tax Man taking his bite of the pie.

@Tarun-b2r3n 2 ай бұрын

Real estate prices are directly related to the population, India will peak its population in 2045 also given the rate of urbanisation, i believe agricultural land is a good investment opportunity now which is also tax free, better yields

@yadavfamily3447 2 ай бұрын

Already gone down, see vasai virar or just outside Mumbai buildings prices go down as soon as you buy and building become too old within few years. The old builders have become stubborn as also can be seen here 😂

@DK4u2007 2 ай бұрын

Bro, i m from vasai , 1 bhk in new building cost 60 lakhs , which was 30 lakhs 4 years ago..

@Mahindrank-w6k 2 ай бұрын

@DK4u2007 2 ай бұрын

@@Mahindrank-w6k i was talking about 3-4 years ago.. today 60 lakh is a decent amt to live in vasai..

@yadavfamily3447 2 ай бұрын

@@DK4u2007 they're increasing in the name of Bullet train and new Highway but see what happened to 41 buildings in Nalasopara. Even big projects don't have basics like water or 24 hr electricity or security at night outside the building premises.

@vishnuprasad7574 Ай бұрын

Exactly try selling a 15 year old apartment for 1.5cr or 1cr No one buys specially if building condition is bad

@MRC647 2 ай бұрын

Residential property prices can go down , if supply is more than demand in a particular area

@ai-ml-india-hardik 2 ай бұрын

There is no price tag and no measure of oversupply. Also, appetite of seller is high, so doesn't matter till long time

@Mahindrank-w6k 2 ай бұрын

@urh1btherapist716 Ай бұрын

Here is my perspective. In Houston during pandemic the Real Estate market surged like crazy. 3 years down the line the market is crashing. Lot of houses were built looking at the boom, but no takers as people dont have money nor the interest rates are low. Prices have dropped upto 10%. People in india are hyper FoMo when it comes to homes. Thats the reason real estate downturn doesnt seem like a possibility for both buyers and realtors. I think once vertical expansion goes full scale FoMo will evaporate and prices wil be affordable. In the bargain many realtors wiill lose a lot of money. Thats ok becauee they have been greeedy and croony for a very long time.

@princeofheaven19 2 ай бұрын

One good thing about all the builders in this podcast is they take white money cheque for flats and lands

@krish19836 Ай бұрын

The price of real estate is in land which has been there hundreds of thousands of years before any of us existed . It doesn't create anything new and it is not a relocatable asset . Someday humans are going to realise the few older people got lucky just because they were born few years early . People doing average income jobs can no longer afford a roof over their head in most part of the world anymore

@anuragpandey2635 2 ай бұрын

Very good discussion. India has very few cities where the next generation want to live… The prices would go up for a very long time..

@JaihindGM 2 ай бұрын

Irfan Razzak - owner of prestige group is greedy old man looted and spoiled Bangalore real estate market with high prices . Market lost its shine already and it will blast shortly

@sujesh4684 2 ай бұрын

Brigade, Sobha, etc. are philanthropists?

@Surya-N-L Ай бұрын

I disagree on this point. Prestige is much better than Brigade, Sobha and other A-grade builders.

@bala5782 2 ай бұрын

The only favorable argument for investing in real-estate companies is that buying home is not a rational math driven decision in India. It has always been and will be an emotional decision to a large extent. Rationality dicatatea that renting will always be a better option than buying. We are yet to see a phase where that will not hold true.

@devhashira Ай бұрын

you got no idea what's coming

@testname2635 Ай бұрын

Congratulations on buying your new home Nikhil

@redemptionneeded 2 ай бұрын

It is a mafia and nexus between builders and politicians - govt needs to step in and moderate

@nitishasthana03 2 ай бұрын

Bro politicians are the government 😂

@redemptionneeded 2 ай бұрын

@@nitishasthana03 🤣 - agreed - what I meant is we need enforcement of laws and better policies where politicians cannot become businessmen and give govt contracts to themselves - at this rate, we will be left with nothing as citizens

@Shubham_12344 2 ай бұрын

@@redemptionneeded Kuch nahi hone wala

@yadavfamily3447 2 ай бұрын

@@Shubham_12344 ruling party periodically change karo, new parties ko chance do. Sabki fategi, sab kaam karenge

@tejasdoke8068 2 ай бұрын

Many politicians especially locals have partnerships in those real estate projects.

@ujwalhegde 2 ай бұрын

I feel that they are being very optimistic. Population will gradually reduce after few years which they are not accounting.

@HemanthKumar-pr4qg 2 ай бұрын

Nope, Even if population reduces, urbanization won't stop

@DhananjayVenuri 2 ай бұрын

Simple fact .. A strong job market will make price go higher due to demand and weak job market puts deflation.. The entire commercial real estate market around the world is very weak even today compared to residential market. Its all demand from the employers and employed people.

@ai-ml-india-hardik 2 ай бұрын

People used to live in joint family before while its not case now. So, large family vs small family doesnt stand. 😮😊❤

@sekharvedula Ай бұрын

The key is good and wide roads that enable expansion of the cities. If there is easy mobility, everything will follow.

@sandeepnahta1 2 ай бұрын

What was the point discussed?

@pankajk1119 Ай бұрын

1:28 indian urbanisation is real problem which not spreading rather it is concentrating Real Estate will crash, later it will deeper it will be

@kamalaksh.shenoy Ай бұрын

Real estate in India or owning a house in India - 1200 sq ft of a flat or apartment which is at least 30km away from heart of city is over ₹1.2 crore without fitting and wardrobes or other things. In smaller cities the price is the same with an exception that it is just 5-10km from heart of city depending on the city. Can these people tell which class of people have that kind of income to buy a 2BHK house of 1200sq. ft at 1.2crore+other things? It is obviously the very high income group (even amongst salaried class). remember one has to shell out at least ₹80K-90K every month for at least 240 months regardless of one's income which is quite unpredictable with the present geo-political situation. Its like asking the smuggler have ever stolen money. (S)he obviously say NO. So the real estate moguls can NEVER admit in open platform that real estate price WILL go down ONE DAY. And may not be so in next 5-10 yrs (depending the global situation remains the same without De-Dollarisation, NO Wars/conflicts, ...etc.). because then they are signaling to home buyers that it is not a good choice. And this will have a domino effect on sales and revenue. BUT the overall Indian population is going down significantly with a TFR of 2.1 below 2.2 or 2.3 which is a safe replacement rate across all communities and religions. PLUS there are significant incest problems of late not attributed to any specific community or religion but over all in all. PLUS there is a growing DINK. IF ever people could realize or visualize mathematical equation and its effects (I am sure these people with exception of NK are hardly learned forget about being educated to understand visualize math eq.), India's demographic dividend is ONLY for next 10-15 yrs. Had we seen real estate boom before 2000 or 2005? NO It rapidly boomed with some transient of course. The same with doom. It will not be overnight BUT IT WILL HAPPEN in next 15-20 yrs. Till then of course there is party time provided ....NO De-Dollarisation, NO WAR or conflict, ..etc. If one had told in 2019 in Jan that the world will close down. Countries will close down. ..etc. (S)he would have been forcefully admitted to mental asylum. But did it not happen due to covid? It was first time ever on earth because during previous pandemics, there was no country closure as population hardly travelled beyond their districts.

@prashanthkamath7437 Ай бұрын

Compare two flats of the same price, one in Bangalore and another in a smaller city. Rentals in smaller cities are lower.

@mihir2480 Ай бұрын

Flats are not the only component of real estate😂

@kamalaksh.shenoy Ай бұрын

@@mihir2480 A person who will think between a renting or buying Flat (apartment) can ONLY afford a flat in metro, Tier 1 and Tier 2 cities.

@apoorvasahu 2 ай бұрын

One important pointer why it will not reduce even in 30yrs. There are a lot of people who: - Currently are not living a house because they cannot afford it, mostly below poverty line - Joint family, recent trend shows a lot of young people are now preferring independent house.

@bakarwadi-r4x 2 ай бұрын

95% of those who are poor will be stuck in debt spiral. They'll be in EMI trap. That's how all advertising companies and e-commerce makes money. Joint family to nuclear family trend is there, but since population has started to decrease, people will not buy new homes. Once their parents are dead or they're dependent, young folks move with them.

@TakemetoSKY-ee8us 2 ай бұрын

work from home will show the real need. Real estate will stagnate in a month. Just do it and see. It will only benefit India, When US work can be done from Bangalore , why cant it be done from Dharwaad or himachal. As of now because we in India have developed only 8-10 cities that's why cost of living is going up up and up. because whole India wants to liv in those cities . This is not supply demand problem. This is poor network design problem

@chetanpanchbhaiya Ай бұрын

The bubble is not in the real estate. Bubble is in the money. Govt and banks print so much money . That they have inflated the value of asset beyond their intrinsic value.

@comeonindia1982 29 күн бұрын

The truth, you don’t have any safe assets where you can invest apart from gold funds, or mutual funds, and that’s actually the best investment rather than real estate

@rashimalik2366 2 ай бұрын

While Nikhil tries to present an alternative view, the whole podcast is heavily skewed in one direction. Wish there was someone to balance the dialogue.

@dongre_t Ай бұрын

Real Estate people are best example of "सावन के अंधे को हमेशा हरा ही हरा नजर आता है।"

@udaan2001 Ай бұрын

People live in city because of two reasons. In city, with lesser physical efforts, you can earn huge money. Secondly, there is no motivation for anyone to go back to village even if his income goes down later. Once you decide to stay, you borrow from bank to buy house and keep repaying.

@sohambharvad23 Ай бұрын

Very wise person

@hiteshts Ай бұрын

Real estate is one of the safest bet to park black money and hence as long as black money exist and registration costs remain high, prices will not drop

@Navneeth22 2 ай бұрын

The way talks with confidence about RE, it appears that real estate is going to fall soon...

@kartiksomani Ай бұрын

Didn't know these people except Kamath, found it to be an interesting discussion. then I saw who they are. They are in real estate business, of course they'll say real estate demand will always increase. What else are they expected to say about real estate market?

@iskalasrinivas5640 2 ай бұрын

I think people should focus on innovation real estate never lasts long. One crisis everything is done

@evensaj 2 ай бұрын

People saying real estate prices not sustainable have been saying it for last 20 years, while thier friends bought flats , plots and did 10x thier value 😂

@Abcagra Ай бұрын

Plots I stilllll agree flat no in 90% cases as for flat cycle is first 7 years rise next 5 years stagnant rest year very difficult to exit

@evensaj Ай бұрын

@@Abcagra that cycle is usual. Apart from location time also matters

@Abcagra Ай бұрын

@@evensaj yes entry point is critical if u r buying flat only for investment and selling .. if it’s for end use phenomenon remains same for 15 year cycle

@evensaj Ай бұрын

@@Abcagra buying a flat should be for roof, not a good investment imo

@Abcagra Ай бұрын

@@evensaj yes agree

@IshanGhorela 2 ай бұрын

So the low quality products ( delayed possession, sub standard materials used in construction )that we are seeing can be clearly attributed to the confidence builders have because of insane demands in most of the metro cities.

@ShantanuVispute-d6q Ай бұрын

Timestamps (Powered by Merlin AI) 00:07 - Real estate is considered the best investment class. 01:13 - Real estate prices continue due to population, urbanization, and aspirational demand. 02:13 - Real estate demand is driven by retirees and people from larger cities. 03:17 - Shifting demographics and changing work patterns could impact real estate prices. 04:30 - Real estate prices cannot collapse due to real shortage and increasing demand. 05:31 - Choosing a niche market for luxury housing can bring satisfaction 06:29 - Urbanization driving unprecedented real estate demand 07:25 - Real estate prices can't collapse due to supply-demand dynamics

@anootoshsarkar686 Ай бұрын

Not a single word from these realtors I'd ever believe...these guys have a business that can only profit from money that they siphon from people in the name of Under Construction projects...which rarely get completed on time and even if they do, they are sub-par at best and don't justify their initial asking price. These realtors are simply creating a Bubble, which will burst very soon

@taazaspices7500 Ай бұрын

Currently it takes 1 or 2 persons lifetime of earnings to repay the loans to buy a decent 2 BHK in decent locality.

@sohanmishra9155 Ай бұрын

In a country which is massively over populated, property market can never crash

@UrmilaBhanja24 2 ай бұрын

It's the same argument that says Markets always go up in the long term...RE is more solid than any other assets... Both are true...

@imranikikik Ай бұрын

Prestige properrty on top of a lale bed 3 cr , prime mocation in denver with orivate lake for fishing 3 cr...

@incrediblestocktreasure3518 Ай бұрын

Real estate, furniture, and auto sectors, characterized by significant investments, flourish when economic conditions support robust consumer spending. Nonetheless, these sectors tend to peak near the end of economic cycles, making them potential harbingers of market decline.

@7DocOnboard Ай бұрын

there are still not enough houses in India. Demand is enormous. So prices will never collapse.

@bikashpatro3426 Ай бұрын

See indeed rates are increasing and the rate of increase is proportional to the development in that area....Also the mindset is changing in Genex...w.r.t affordability like township projects etc etc...where standalone building without amenities are getting redundant....So consider all factors w.r.t what is sellable n appreciating asset ...If you have the right product..it is going to make a difference with multiple x times of appreciation 😊

@RohitRaj-on6hl Ай бұрын

They think middle class in India is growing 😂😂😂 and upper middle class wanted to leave this country then whom are you wanted to sell...😂😂😂

@AbdulHadi86418 2 ай бұрын

They don't have quantifiable answer to Nikhil. Mostly using random data to benefit their argument.

@raviaryatube 2 ай бұрын

Real-estate can't down cause of one reason only..BLACK MONEY

@SunilSharma1 Ай бұрын

Just like the Titanic was considered unsinkable, many believe that real estate prices will never decline.

@suketubhatia3947 Ай бұрын

In india gst should be replaced by empty land tax aka wealth tax and inheritance tax,also real estate ownership should be linked with pan and it should be verified in IT return

@cta7444 2 ай бұрын

Referring an elderly person uncle is soo good to hear. Otherwise calling an elderly person by name just because it is professional is not so pleasing.

@sainathreddy1 2 ай бұрын

Population is a bigger impact on real estate. In next 40 to 50 years, hardly any one put interest on buying real estate because it was already bought by his or her parents or grandparents parents in big cities in India. Demand will eventually go down.

@krishnagatu Ай бұрын

well some neutral-3rd party should take an inventory of flats/homes which are un-used/not occupied/idle units at least in the major cities to start with.

@khalidabdul7402 2 ай бұрын

Real estate will never decline,looking at the scenarios present generation who likes to leave individually with his wife and kid unlike older days even 5 siblings will leave to gather in single house

@manjunathareddy6548 23 күн бұрын

Working hard to secure a job, only to face rising prices and spend years repaying EMIs! Those fortunate enough to inherit ancestral wealth truly have an advantage.

@ImranKhan-lp1if Ай бұрын

To explain person x buys for 1 cr in 2024 , prestige launces for 1.5 , person x think his value has appreciated to 1.5 and he list for 1.8 , person y buys from prestige bcoz he is offerong at 1.5 and same cycle continues ... all the gain is on paper for buyer ... who ever has power to hold will keep holding on paper returns

@sachinkarande7420 Ай бұрын

भाई इंडियन real-estate can't go down because of constant blackmoney supply is the only reality.... In pune every builder is asking 30-40 lack cash(black money). और निर्मलाजी salary वाले के पीछे पडी है...

@mithunmahato309 2 ай бұрын

Simply put this asset class doesn't make sense because of its PE ratio or ROI whatever metric you chose.

@mayur9017 Ай бұрын

PE is 25 in few localities in Bangalore. Much better than many blue chip stocks..

@rishighosh5099 Ай бұрын

What Indian cities and towns especially tier 2 & tier 3 need are better & bigger parks & grounds for jogging and running & for kids to play, ideally in every municipal ward, more greenery and better drainage & waste management. Any city that works on these three aspects will attract good investment.

@Hitesh_India 2 ай бұрын

Real estate Price correct when is sold at much difference between cost of construction to sold price Which is ultra luxurious properties

@mpk927 Ай бұрын

The complacency of these archaic chair warmers confirms that the market is due for an imminent collapse

@1992rajesh Ай бұрын

They collectively dodged the question; but It’s kinda interesting how they dodged the question . We know that the prices are fundamentally fueled by fomo. But the way they are projecting the demand for the near future, it like they have a fomo effect amongst real estate investors or companies that fuels their minds to pump up the market prices.

@fahimabbasvlogs 2 ай бұрын

Well the point nikhil was trying to make was a shift in the population pyramid..yes that can definately happen.. And the prices of real estate might tank.. Bcoz basic supply demand economics. Bcoz india is not japan land over here is not scarce it is abundant

@thiskarthik Ай бұрын

RE prices do go down. Best example, Jaipur

@tusharpandey858 Ай бұрын

I Think People understand that the problem here Isn't Going to Be a population decline or less demand but affordability. As Job Opportunities Shrink with the Advent Of AI and automation, Wealth Disparity Will Increase. We will see a Massive Decline Soon, but the Demand Will Never Decrease. Value Capital Will Probably Shrink and Inflate, And The Cycle Will Continue.

@parshu.9309 2 ай бұрын

I really pray that real estate should fall

@Raghav-u7d 2 ай бұрын

😂

@surfingguru5360 2 ай бұрын

😂😂

@SahilSharma-zh5kg 2 ай бұрын

Bcz. U r not able to buy 😂

@ramasamyvijayaraghavan6540 2 ай бұрын

Never ever happen!!!! It may float.... Not in dip...!!!

@yadavfamily3447 2 ай бұрын

@@parshu.9309 hari om, amen, inshallah

@arunnair9166 2 ай бұрын

No assets are safe. All have it's own vulnerability. It only takes one scam to wipe out investor money in stocks/ MF. So best options is to diversify across different assets.

@ExperienceWithAman 2 ай бұрын

Real estate market is one oversupply away from collapse.

@ece33757 Ай бұрын

Starting salary is low, home price 60laks+😅

@raziqcheck Ай бұрын

Alternative Investments such as PE, VC, stocks and Commodities has always out performed real estate, even cryptocurrency has out performed real estate

@Sharmalogy_thoughts 27 күн бұрын

Average property prices in all metros have gone beyond the affordable zone, even for the 98 percentile. Only under 1% can buy these properties now. Where is the demand coming from?

@parimal7528 26 күн бұрын

What everyone is ignoring is money has flown into real estate from gains made in stock markets to save capital gains tax. Now this has got over with 20% LTCG, investors are first to pull up their pants & run.

@deepakkumarsingh1931 2 ай бұрын

Calling Uncle is Scam ..!! he is youngest person on the podcast

@prashanthb6521 2 ай бұрын

Its not about him, she is calling herself "young" indirectly.

@deepakkumarsingh1931 2 ай бұрын

@@prashanthb6521 Are wo nahi bhai I am talking about Nikhil calling Irfan Raza Uncle 😀

@travelwith6798 Ай бұрын

Land prices never go down but flats does

@k-bala-vignesh 2 ай бұрын

this boomer is saying there is a scarcity. look at the unsold inventory of real estate in mumbai and bangalore

@kedarisgreat 2 ай бұрын

Where ?

@PEDNEKAR1616 Ай бұрын

Oh God . Prices have increased due to purchase of properties for investment & money parking by ultra wealthy individuals. Majority of real estate transactions are almost 50% black of market price and not the Govt. price. We have enough land mass and also enough resources to build ultra affordable housing but it’s the nexus that is the result of heavy tax burden on businesses that has made real estate expensive for the new generation of the country. Its mot that u see people getting rich off of real estate but its the people who are ultra rich through other businesses venture into it.

@Agatha.wayne0 Ай бұрын

fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

@RicardaWindsheimer Ай бұрын

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

@ilearn1298 Ай бұрын

The problem is today's generation has never witnessed a macro recession in india. Nor imagined.

@ankitasinghjhala8507 2 ай бұрын

Why you didn't ask about deforestation and what real estate is doing for plantation. Mainly real estate is responsible for cuttting trees. Government, real estate and people demanding more houses have to understand that we have limited space. And NO more plantes.

@PACIFICNZ 2 ай бұрын

In an explosive population growth country like india the demand for housing outstrips supply and therefore real easte will only go up.

@KiranK-bi7ek 26 күн бұрын

As long as there is significant black money RE will not crash. Due to hugh income taxes, there will be always black money.....

@adityarookey1 2 ай бұрын

Kamath needs to ask shorter questions. People get confused if it’s a question or his usual long rambling answer

@mahajanrobin7 2 ай бұрын

Today’s generation is quite sensible they won’t put all their savings in a flat which as per uncle is illiquid and can’t be monetised at time if need. There is no sense in purchasing 2 cr flat and paying EMI for entire life

@manjunathareddy6548 23 күн бұрын

Govt should reduce loan interest to those who buy home for own use and don’t own any other property!

@avneeshchadha2559 2 ай бұрын

Definition of black swans are events that have never happened before.

@prashantsharma3647 Ай бұрын

Real estate will never crash, since investor will invest and other investor will buy. Caution: end user should stay away from paying unreasonable and unrealistic price, and shoud avoid buying in tier A city.