Why Under construction flats are a VERY BAD INVESTMENT | Naredco Homethon Property Expo 2023

[@sudhirpatil3434]

The knowledge Krishnaraj sir gives, apart from being free, is also invaluable!! It may save you, not only from financial burdenes but more so from mental turmoil n agony.....

[@Vijay55234]

His body language reflect truth...

[@amitamit-lr5sh]

Very good topic...must be give 10 stars for the proper guidance.thanks sir

[@thewhitewolf5645]

Wow very nice explanation and very knowledgeable person

[@kishangopalsharma4283]

सर जी बहुत ही अच्छे तरीके से समझा रहे हो । लगता है केन्द्र में केतु है अनुभव की भी कमी नहीं है लेकिन मुझे लगता है आप का नोर्थ ईस्ट बहुत खुला व साफ सुथरा है। काश मिडिल क्लास व्यक्ति आप का विडियो देखें और उसपर अमल करें तो उस का भला हो सकता है।❤❤❤

[@sumit4yt7]

You are right but if you are looking for a property for self use, it is difficult to get good options among ready possession or resale. I was searching in Bangalore ready possession flat for last 1 year but couldn’t find anything as per my requirements. The price also increased in last year while I was searching.

[@dspblacker]

What were your requirements and budget ?

[@sumit4yt7]

@@dspblacker 4BHK in a high-rise in Whitefield Bangalore. Budget 2CR. The problem was I was not getting right floor, facing and campus.

[@priydarshanpathak4351]

​@@sumit4yt7hi...any feedback around North Bangalore (Baglur) area for investment in under construction projects from Tier 1 builders ?

[@debasishraychawdhuri]

This happens because there are no penal measures for doing this. At the worst, you will go to the court and they would have to do what they had to do anyway. However, it would be more fair for the one breaking the contract's terms deliberately to suffer some more losses.

[@divanshk]

Awesome content. Please keep bringing up these kind of awareness videos

[@clarityseeker]

Facts to be corrected:- 1. People earning 30K is a middle class. ---> Any family earning 40k or less per person comes under lower class. (update your definitions) 2. Real Estate is a place to park only black money. ---> Good builders like Tata, Godrej, Shapoorji, etc, do not deal in cash. People who have bough from them know it. You also need to show the bank from where the 20% down-payment was done. 3. It is Risky. ---> Why not buy property from a good builder like I stated in above point? Why ask lazy questions like "should I buy here or not"? Why not do due diligence and study before taking a decision? Risk is in investing "what you do not know". Risk is you not taking a decision on time. More riskier is you taking a decision by hearing from someone else. No body talked about appreciation and inflation. Did not tell that the builder hikes the price by 5-10 Lakhs in 6 months of development. The cost of flat goes 40-50% up since start till possession. Did you save that much amount? How about studying what happened in last 2 years? Instead of telling people that you should not buy a under-construction property, why not tell them how and where to buy? Its because saying NO is easy than giving people the clarity and conviction to take decisions wisely. To the people who read till here: "Listen to everyone, do your due diligence (study & understand), take decisions wisely."

[@pran10000]

Point 2 is interesting. From whom do people buy a flat to park black money?

[@clarityseeker]

Local or Non Listed Builders will accept cash. Also there's a limit: Anything upto government decided circle rate of area needs to shown(i.e. white). Most black money is used to buy UC plots. Because you need to pay 50% of total value upfront in most cases. 100% for freehold or ready to move.

[@pran10000]

@@clarityseeker thanks!

[@bassworld5279]

Not agree with your points

[@abhijitkhopkar1500]

In fact I've concluded that investing in just launched projects of established developers is the best investment. You need to pay in steps so only a small amount is paid initially and this is the value property prices appreciate fast. After RERA investing in a good reputed builder's jut launched project is the best bet you can play. Everyone recommends to buy ready to move property but figures are counter intuitive. If you go to buy ready to move property, you will find all good units are already gone. Then if you have bought on loan, your interest liability is huge since entire amount is disbursed in one shot. Paying in installments over four years makes it quite easier.

[@nidhis9974]

thankyou Sir , this videos shud go viral , mumbai real estate market is pathetic. You have and will save many people lives. i have subscribed and will recommend to other people too

[@pran10000]

Just saying -- Corporate Hospitals do charge 1.5 L for an operation for which the visiting surgeon gets about Rs.15,000 and Anesthetist gets 3-5K only. Otherwise your point is taken.

[@KrishnarajRaoUrbanNaxal]

Your point is taken. However, I know of hospitals where the main surgeon will take home 1.5 L for a single operation

[@imransyed8552]

All hospitals have different levels/seniority of surgeons. I know some surgeons charging 5L+ for a procedure and wait time of months.

[@pran10000]

@@imransyed8552 Yes agreed. He was making an extreme example.

[@dspblacker]

Surgeon gets atleast 30% so 45k

[@siddh3921]

Kash yeh Video 2 years pehle dekhne mil jaata!💔💔

[@kris___5655]

A agree to your points but nows days its very difficult to find a ready to move flat in Bangalore 😢😢

[@automationguy9942]

Thank you Krishnaraj sir , One more point I would Like to Add, When any project is launched with flashy Templates shown as Luxury (yes everything is luxury because there is no clear definition about what features are included in luxury), people think they are going to get a Premium project but When such delays happen then buyer just feels like if I get a flat that only I want even if there is no park, Gym, Swimming pool, walking track bla bla. Fighting in court with any builder will take years and worst case builders will go bankrupt this is not a Khayali pulav. this already happened with so many builders in Delhi NCR. when Builder sets up their company they use such legal entity so that their another big company can't be impacted in case there is any such crisis situation comes. I would say it is a big scam.

[@kishoremirchandani8671]

Thanks Sir 👍🙏

[@aa-gi4wx]

U r a life saver respected sir.. thanx a ton on ton..

[@victorbhatti4326]

Bilkul sahi time pe dekha mene.. I am trying to buy flat .. under construction or resale property.. abhi mein rent pe rahunga in bangalore Thank you Sir

[@devarajjagati6006]

❤✅️ good information thank you sir

[@2441979D]

Kahawat hain na --- jitni lambi chadar utna hi per felao. jaroorat se jyada loan lena matlab aane waale 20 saal tension, high bp, dar dar ke jeena. Calculated risk lena chaiye and greedy nahi hona chaiye.

[@ajaygidde5837]

Aap trader ho na

[@hussainsayyed6528]

Sir agree

[@chintubaba8362]

Watch @1.5x speed Good valid points btw

[@bassworld5279]

Very well explained

[@ListenSilent121]

Very Good ! 👍

[@bassworld5279]

Paise ke sth mann ka sukoon bhi jruri h jo under construction me nhi mil skta.

[@khwajamdasim7630]

Krishna ji,,Ooper waale ka lakho Shukriya hai,, ke aaj se 20 saal pahle Meri maa ne humlogo ke lie City ke beech me sabse acche Mohalla me bahut accha legally fit plot khareed lia tha,,Aur Hum teeno bhaiyio ke lie Alag alag flat bhi bnaa dia aur jagah bhi hai bnaane ki, Plot lete samay humlogo ki age 13, 10 , aur 7 thi, Aapka ground experience sun kar inlogo ke froud se aankh khuli,,kuch kuch samjh me aaya,yunki flat lene ki tension nahi lia,khud ki zameen per bnaya,,agarye plot na lena padta to kitna tension hota,,kis kis chakkar me phanste

[@SouravAcharya9444]

apne bilkul sai bola

[@ulttance9213]

Very very true. I am a victim of such investment😮

[@amolsapkale2453]

सर जीसके पास 1 cr है वो बंदा होम लोन क्यू लेगा वो direct Flat ही लेगा ना?

[@ankitbatra5998]

Good explanation

[@kunalkantjain]

Analysis is wrong. What about capital appreciation on flat of min 6-7% pa on an aggregate basis? Historically flats have given 6% capital appreciation + 3% rental which totals 9% pa in the 2012 to 2022 period. FD gives 6% pa. Plus capital gains tax on real estate is 12.5% and fd is 30% based on the income. So net benefit in flat is more than 4% as compared to FD. I definately agree on the risks associated with flats frm c grade builders though.

[@himanshugupta487]

He is true inspiration for me

[@sanjivkeskar2547]

Thanks . What about self use flat purchase

[@divanshk]

I feel self use flat is only for ready to move flats and that too if that is in your budget and you plan to live in that flat for 10 to 15 years.

[@JoeyDm89]

Again this Topic is very subjective and answers will be different for every individual. For eg., underconstruction property is a very viable option as specially a middle class man gets time to adjust with increasing emi and while getting the possession and considering the appreciation, the GST charges and interest paid for few years gets negated. As per your takeaway, only rich should buy flats

[@digvijay096]

sir your objective might be nice , but listening to you always makes me feel helpless

[@LNJHA]

How to buy flat Hassel free?

[@amitamit-lr5sh]

Investment ke naam par builders/property dealers apna ullu seedha kar rahe hain..specially ..1990 se...logon ko fomo(fear of missing out) ki feeling karwakar, unhe 20-30 years ka loan dilwakar...accha game khelte hain....kishan rao sir, ye ek badaa aandolan karna padega....builder log aise surgeon type , hotel owner type businessme n ke investment ke liye apna mehanga projects banakar unhe bechte hain......aur middle class logon ko mil raha hai BABAJI KA THULLU..Inka bas chale toh , Koi doosre items, jaise PEN, PENCIL RUBBER ETC. KO KHAREEDWANA SHURU KARWA DEIN....double, triple ...etc etc.arey bhaisaab, pennn, invest Karo, re uncle ji (khosla ke ghosla Wale uncle type) double ho jayega , triple ho jayega..aisa karte karte .. 5 rs. Ke pen ko 1 lakh kar deinge......flat kya....har cheej ko kar dein ye log ..

[@Vijay55234]

Bohot baar aapne log hi fasa dete hai loan kae chakkar mai .mere khood father in law nae muje bada Ghar kharidne mai majboor kar diya..Mera pura dimag hack kar dala..Ghar ik baar hi banata hai..bada Lelo ..loan toh dheere dheere clear ho jaayenga...aadmi jita kiske liye hai ..2 bhk chota padenagga..3 bhk loo...badaa loo .loan mai tax benefits milenga ...chota Ghar without loan unko pasand ho nahi aata .sare Ghar woh reject kar dete . ultimately bada Ghar leke mai laon kae chakkar mai fass gaya

[@pravatlife115]

Then no one will buy any underconstruction property

[@rajeshpannu1690rr]

Respected sir u have touched very deeply survey regarding investment but sir a middle class have a samal income source of as sailory/savings if don't do as you aware about him How it possible for a middle class to purchase a home in NCR City where he/she is paying a rent every month to stay there u have touched only one side Vision u have not told the second side of the investment of a middle class which is seeing a sapna of his home in NCR City that is possible to take Risk as he is doing in such types of investment u only discuss the problem that he will be face in future in such types of investment that are very useful for him to aware about the condition and problems of such types of property I think that there is a only way for middle class to take Risk to purchase of home for him and his family otherwise live always in a rented property for whole life with his family members

[@mansukhdeep]

Sach hai, kadwa toh lagega 😊

[@bood35]

Surgeon earning 90lacs😂

[@Modism111Yogism]

Never invest in under construction

[@parthaaec07]

Khayali pulao👌

[@bhaskarjitborah1565]

Urban Naxal kyun?

[@rajindergupta6179]

Sir, he had started well that a middle class man shd buy ready to move property to avoid the risk of late possession but later on deviated from track. Fd is ok but what about inflation and appreciation of property. Under construction is risky (but no risk no gain)but have the advantage of payment in instalments where as in ready to move Ppty, you have to do the lump sum payment. Sir this depend upon indiual what he choose . Profit yadi uska hai , to nuksan bhi usi ka. My advice hai , one shd not believe anyone recommendations blindly but 200 percent dule deligence karni chahia himself 🙏

[@Asrealtorshomes]

what you said is only facts sir, I appreciate but the reality is investment in property in worthy .

[@arpanleoboy]

Karna kya hain sir ji

[@zeppelin3969]

U talk about a person who wants to buy a flat but recommend that he puts 50 lakh in FD. If the person has saved or is sitting on 50 lakhs or 1 cr why shld he not buy a flat if he wants to. If he is prepared to make 1 time pmt or outright purchase in under construction, then the buyer can successfully negotiate and if he can negotiate well he can buy the flat for even 36 to 38 lakhs for which the builder is charging 50 lakhs in under construction. Here 🤣 i think u r talking of a middle class who doesnt have that much money.Therefore he will take a loan. So wrong comparison with FD . Am Not talking about advantage or disadvantage of buying under construction flat.🤔U r not considering Tax on FD which if u take u will get an effective interest of just 4 to 5 % pa depending on ur slab. If u make a sound investment in flat then u may get a decent capital appreciation 😜 and rentals too if u have an alternative accomodation. If u invest in MF, then even better than property due to compounding effect. In all investments u have to be smart and monitor then make smart moves. 🤢

[@learntoobserve]

Quite outdated idea.

[@PropNationIndia]

Full confusion, completely negative thoughts and wrong examples is the summary of video. That medium class person was buying a 50 lakh flat and then he went to invest 1 cr in FD. For flat he was taking a loan, who will fund his/her FD? What about that loan and the applicable interest? कृपया ये भी बताएं। कहना क्या चाहते हैं?👎

[@maneshwar9377]

1 crore ki property kya 50k monthly rent deti hai ki nahi wo kaha unhone . He took 1 crore as a example figure aap 50 lakh le kar hi kar lo calculation. Baaki aap to channel partner Hain, toh conflict of interest to hoga hi aisi video se.

[@jasonglenmenezes]

Only builders, brokers and channel partners won't understand this math

[@PropNationIndia]

@@maneshwar9377 sir there is no conflict of interest. My question is how that middle class person will be able to do FD of 50 lakh and who will fund that and at what interest rate? What should he do if he has only 5 lakh in his bank account. He can buy an under construction property of 50 lakh but can he do that so called 50 lakh FD on the same date if not buying property as suggested by respected Krish?

[@PropNationIndia]

@@jasonglenmenezes you got the math then be happy with your 5 lakh FD. Thank you 👍

[@parixitbhinde]

@@PropNationIndia Full confuse kewal aap ho idhar. baaki sab ko baat samajh aa gayi.

[@rakeshkumarbhattacharjee8942]

Achha hai ...Kuchh log to chahiye jo logon ko tenant banane mein help karenge and rents ko upar jaane denge.

[@amitamit-lr5sh]

Rent ooper hone ka scope nahin hai kyonki salary decrease hi rahee hain...increase nahi....increase unki hi rahi hai jo hi posts par Hain which are very limited in number......majority have suffered pay cuts and also suffer increase pressure from higher authorities

[@amitsharma-hp4cg]

Negative approach

[@anishrai3]

VERY NEGATIVE CHANNEL

[@akashpat6109]

VERY NEGATIVE CHANNELFOR GREEDY PROPERTYAGENTS and BUILDERS . Good Channel for Buyers.

[@divanshk]

If you have any issues with the channel, then open your own. This channel brings clarity to a common man. If you have black money then go ahead and invest.

[@anishrai3]

@@divanshk haha stupid logic. I can give feedback what I want. Doesn't mean I have to go and do the same thing to show the right way. Ya content might be good for you but I think it should sometimes focus on the positives and tell the do's also. All the video titles are negative. With DONTS being highlighted. Fear is being sold. That's my concern if you can understand properly.

[@divanshk]

@@anishrai3then please Google the average salary of people in metropolitan cities and the rental yield. If it makes sense for common man who do private jobs and earn not a great and put lot of risk by investing their hard earned money in real estate. I know lot of politicians are involved where they convert their black money to white. I have personal have had bad experiences.

[@himanshugupta487]

He is God for people and show the right direction

[@RajaKumar-gg9rb]

Bhai tu frustrated ho gaya hai.