Why You Must Buy A House And Not Rent - Niranjan Hiranandani Explains

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Today on The Ranveer Show, we welcome the Indian business icon Niranjan Hiranandani. He is a prominent Indian businessman and real estate tycoon. He co-founded the Hiranandani Group and is well-known for transforming the real estate landscape of Mumbai. He is recognized for his contributions to the industry and has held several prestigious positions, including the President of the National Real Estate Development Council (NAREDCO) and the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
In this episode, we will delve into the life and career of Niranjan Hiranandani. In this episode, we will discuss his journey, the challenges he overcame, and his commitment to continuous improvement, sustainability, and ethical values. He also emphasizes the importance of integrity, customer-centric design, and giving back to society through social initiatives and much more.
This was an amazing conversation about business and real estate with none other than Niranjan sir. I hope you will enjoy this episode and let us know your thoughts in the comments.
#hiranandani #realestate
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About :
TRS Clips is a collection of SHORT CLIPS from The Ranveer Show podcast. Enjoy our latest knowledge-fueled videos from the BeerBiceps team. Every conversation on #TheRanveerShow is intellectual, deep & progressive. We cover everyone from entrepreneurs to Bollywood film stars to even athletes.
Today, The Ranveer Show or TRS - Happiness Through Curiosity. A show where we host the world's greatest success stories and try digging out their secrets to success. Every conversation is an EXTREME learning experience for the viewer.

[@jaiaditya8281]

Asking him whether we should buy a house or not is like asking ranveer if we should watch his show or not

[@bhaskarbiswas694]

I felt the same

[@jitukhatrik]

why do you think a finance influencer whose bread and butter comes from brokerage and financial institutions dont have a vested interest ? was his reasoning incorrect ? was he giving flawed arguments. these finance influencers are the one who benefit the most from you not buying a home. who questions them. they are mostly financed by big brokerage houses via private equity.

[@ranadheerreddy4136]

😂😂😂😂😂😂😂😂

[@Bombaytrader_2023]

Exactly

[@TechFreak51]

@@jaiaditya8281 haha.. Right.. and to frame that question he took 2+ minutes 😂😂😂

[@TechFreak51]

Question was too long I almost felt asleep .. Felt as if Hiranadani was the host taking Ranveer’s interview 😂😂.

[@santoshmoily9092]

Haha his question was 2 min long😅

[@Captain_Tiger]

nailed it~

[@noyunmudackanawar6450]

😂

[@Jay-jp5zm]

So true

[@vicky-cj9ns]

😂😂😂

[@shanmugapriyan9186]

Builder Promoting buying real estate, nothing surprising.

[@rahulmohanan26]

Only if someone owns a flat it can be given on rent, somebody must own it anyhow. To the builder it doesn't matter whether you choose to give it out for rent or live there as long as he gets the selling price.

[@jitukhatrik]

why do you think a finance influencer whose bread and butter comes from brokerage and financial institutions dont have a vested interest ? was his reasoning incorrect ? was he giving flawed arguments. these finance influencers are the one who benefit the most from you not buying a home. who questions them. they are mostly financed by big brokerage houses via private equity.

[@sivam8889]

I did not know that..

[@Sanathana7]

He builds either you become rent payee or buyer!😂

[@siriganesh8383]

Buying a house is always a good thing but how you are buying that is important. If it is with cash , all good it is the best thing. All problems will come when opting for home loan. I took home at the age of 25. I felt happy that i took a good decision very early in my life. But i had to go thru lot of adjustments, compromising on lot of stuff and also career wise it would not allow us to take risk's. Everytime when i think of exploring new ways in career , that 40k home loan EMI comes into my mind. Never think that getting home loan will save you tax. NO. that is a trap. One suggestion i can give everyone is have some financial discipline and try to accumulate 80% of the downpayment in 5 to 6 years and then buy the home. You will feel super happy becoz of very small EMI

[@user-yt4vr8uq7w]

TRUE advice

[@MurshidTeraShukrana]

Can't agree more 💯

[@djx431]

Most people don't get this...

[@manasranjanpaul517]

True

[@Monk-wv4ub]

You should have used SIB Max gain. In difficult time you can withdraw money you already paid as principal amount and use as emergency fund or emi for short term.

[@PARTHPATEL-tf8by]

Never ask a barber if you need a hair cut or not.

[@ExecutiveMindHacks]

If the Barber is looking only 50 meters ahead you are right, if they are looking 10 years ahead he may suggest you a massage instead of an haircut. Mindset bother!

[@sp-ye7ht]

😊

[@GaganDeepSingh-mw6cj]

Happiness of having a home of your own before hitting 40's, gives you confidence.

[@asclepiushermestrismegistu7489]

Ask Americans the pain and taxes and maintenance. It is an illusion

[@sanjayvaidya4925]

Lol.ok

[@ZenZmum]

Aise kuch nahi hai

[@supercrazydesi]

I'm not sure about confidence. It surely gives peace of time and financial freedom to some extent.

[@DeepakKumar-ve9xj]

Not necessarily but definitely required before retirement so better to purchase between 40-55 years as u will have enough savings and a newer apartment is better than older one because of technology and design of the building will be improved over time and u will be settled at that time as well.😊

[@SuperArindam1982]

Don't ask anyone but ask yourself and your pocket. As per me if EMI = rent should go for owned one and if rent is lesser makes sense to go for rental. Also if ancestral home is there no need to buy another house.

[@swatianil1]

Oprah Winfrey said, ‘ You don’t live in bonds, stocks, mutual funds or fixed deposits. You live in homes all over life so I want big house and I want to cherish it.’

[@igotyou62darthvat]

you can, you just need to sell them which is much easier unlike a house

[@amolgaikwad9830]

Simple rule : Have a house for you and your family not for investment.😊

[@daydreamer2320]

Fully agree

[@abhishekrath09]

Ranveer has moved into an elite mindset...atleast I am not feeling connected to his chain of Thoughts. Earlier I used but now he feels like more a celebrity.

[@OverLord3693]

I can live on rent for hundred years with the cost of the house that I buy

[@Satyarathgupta]

Your rent will be double in next 6 years

[@ZenZmum]

Still for new buyers in metro it's not worth it ,it's still lesser than the interest we pay to the bank and not to forget with rental option it's easy to stay wherever as per your expenses and budget with home once u buy there are times you can't sell or put it on rent also....​@@Satyarathgupta

[@HarkiratSaluja]

Since when are you living in rent? Rent appreciation is 5-10% in metros. Considering that in mind 6-10 years your rent will double with no asset in hand.

[@Randomcomment7699]

Smart

[@PrateekTrivedi6]

With all due respect - yearly rental yield from any property ranges somewhere 3.6% - 4.0% of the property value and sometimes even more. If we do the math rent given with appreciation of property value will make you pay more than the price of the property over the period of 15 years

[@shubhankar915]

Selling a house is not as easy as he makes it sound like. House is not an investment, it is an liability. Buy a house for emotional value not investment value

[@dsinghr]

Beer biceps, let the host speak more .. don’t try to explain too much. Your questions are very basic and don’t need such long explanations

[@deepud2kin1]

There is nothing exciting in owning a new house any more. Its time to really think about consumerism.

[@jitukhatrik]

why do you think a finance influencer whose bread and butter comes from brokerage and financial institutions dont have a vested interest ? was his reasoning incorrect ? was he giving flawed arguments. these finance influencers are the one who benefit the most from you not buying a home. who questions them. they are mostly financed by big brokerage houses via private equity.

[@jaimrug]

Ours is the EMI generation that lost several months of our saving to EMIs, ask us, not those who made instant money out of our ability to be bankable to the banks

[@nipunnv]

Obviously a real estate baron will bat for buying. Otherwise how will he remain a real estate baron and billionaire if everyone moves away from buying 😂😂

[@jitukhatrik]

why do you think a finance influencer whose bread and butter comes from brokerage and financial institutions dont have a vested interest ? was his reasoning incorrect ? was he giving flawed arguments. these finance influencers are the one who benefit the most from you not buying a home. who questions them. they are mostly financed by big brokerage houses via private equity.

[@HKS286]

His projects are really amazing. It feels like a different world.. peaceful and green

[@jitukhatrik]

He made genuinely good arguments. He made complete sense. Its stupid to see ulterior motives in his approach. India builds millions of home. In his life time he will not build more than 20-30k homes.

[@parthoroy5044]

I can't se finance with sharan here 😅

[@MurshidTeraShukrana]

Absolutely agree, small meaningful questions are better than one lengthy question. Also, the guest should speak more than the interviewer Having said that I'm an avid follower of Ranveer, his podcast touch the heart & are very informative. But at the same time keeping above points in mind will make him even better (if at all he takes this positively)

[@rr9982]

This question you ask from wrong person advice he is giving has a self interest

[@kirangirija7567]

Only Those who earn Illegal Money , earn more than 10 lakh per month assured income, Black money can buy in Mumbai or Bangalore

[@shubhamsingla3078]

Hats off to Hirannadi sir for listening do patiently though he is the more knowledge one.

[@varjunind1]

Buy two rental houses decide what you want

[@sunilshegdeable]

Buying a home for living is goof. But as investment should be given a thoughtful look. As there is no liquidity. Plus these builders are all not TRUST worthy. These do not stick to time line and project spec. Poor quality and do not give all infrastructure. They also have more inventory and the prices are not realistic.

[@ashisharora6800]

There is emotional angle vs financial angle of this topic , decide what you want first !! Emotional yes immoderately go ahead , financial angle , consult again and do due diligence !!

[@Monk-wv4ub]

After current budget and removal of indexation, real state is not investment but debt. Yes but if need it you must buy.

[@Criticsyou]

Tragedy is Home loan interest is LOW , Car loan intetest is Low but Education loan interest is high😏 Welcome to India 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

[@RRPROD15]

No need to see this video. Title itself conveys that a builder is trying to defy his failing business

[@Amy_8117]

"Let him speak" - Everyone's mind at 1:40 😂

[@ashissh25]

VEHICLE EMI, HEALTH INSURANCE PREMIUM,TERM PLAN,CREDIT CARD BILLS,ETC. IS A NORMAL SALARIED PERSON EVEN LEFT ELEGIBLE TO BUY ONE ?😂😂😂😂

[@dummyaccount6081]

Why is there credit card bills? Why is it mentioned like mandatory or something?

[@chinmayeepolisetty7033]

True❤.......

[@karthikmurali6012]

Of course u will ask a builder if you want to buy a house or not 😂

[@xpertvision5249]

Renting is much cheaper

[@Nikhilkumar-on8vg]

Buy a home or build a home preferably in your native village. That is the best asset you can have

[@manuj6032]

Hiranadani wants to buy else he will be in loss. Property are over price now to almost 2-3X

[@bharath2508]

Perfect explanation. It depends on the location and your needs.

[@kaivalyakashyap4116]

Need some content where ppl with small incomes should invest... awaiting

[@chaitanyatejas9561]

Bro asked question and Answer too 😅

[@vaishnavsatyadev3834]

In Bangalore- kadugodi area, a small builder has contructed apartment of G+4 floors, whereas bbmp (permission issuing authority) has given permission for only G+3. Is it ok to buy flat in the top floor ?? I want to purchase this flat for self use only. Will there be any issues that might come up in future ??

[@kw9494]

if you buy a house in your twenties or thirties, that building will go for redevelopment by the time you retire. You will become homeless in your old age and most probably, given the builder delays, never get it your life time. There is high chance that you will die in a rented house which does not meet your dreams. So buy a new house in your fifties. If you already have house in your fifties, sell it and buy a new one.

[@KK-dx6pe]

Never ever consider flats for investment , that era is over .Invest regularly in Mutual funds atleast from the age of 30s , retire with good corpus amount after 20 years.

[@kandarpghag2360]

House to live in- yes. House as an investment - No

[@gurpreetsingh-rb9sq]

This question could have been summed up with just one line. Sometime over speaking kills the whole point of asking.

[@surajvishwakarma5625]

Hiranandani only makes such buildings where only rich people can afford not a middle class family....so his advice is of no use ..

[@KK-dx6pe]

Invest sytematically in gold and mutual funds , forget about these builders , dont pay your life long earned money to these corporates. When you need money, you can convert them to cash in no time..Real estate is not lile that !

[@desertstorm04]

he is gas lighting us.

[@getvimlesh]

Lol..what do you expect..Builder will say don’t buy a house 😅😅 Btw let me make some sense out of his argument- 1)Easy loan-The emi eats all of your savings. Flat is never yours, its bank for 20 years till you finish the loan. Then after few years building becomes old & unliveable. If you invest that money even at 12% CAGR, you’ll end up having loads of money after 20 year instead of hiranandanis. 2)tax saving- Its biggest joke for middle class. No you can save taxes..you pay 10% upfront at stamp duty and also pay registration. If builder doesn’t give you flat then u r screwed for life. Bank,builders,brokers,politicians all make money at your risk.

[@balbhatt]

check any where in Mumbai You will get rental house yield is max @2.25% per year of property price without even maintance and taxes etc headache and without worry about market crash like china , where Banks EMI is standard @10% with risk of upside and with tension of market crash ,miantance taxes etc then why to think about buying in europe 70% are staying on rental is best invest saving in SIP in stock market and earn more insted of paying EMI

[@rohitgupta3434]

Bhai unnecessarily itna lamba kyu bak bak karte ho

[@AbinashPatnaik]

Ranveer hope u come to realize this quality of yours...you take way too much time to ask a basic thing 😊...note your viewers dont enjoy as much as you want to overdo it

[@pncabhisek7949]

He is saying as if real-estate investment fund is a liquid fund.

[@akshaykumargowdar9122]

buy home but not the expensive hiranandani flats. save money that way

[@RushikeshDeshpande]

Bullshit argument .. If you don’t buy house where will the money you earned all these years will go? Rent will always be much lower than interest paid and there are capital gains

[@jineshpt3016]

Jaldi pooch.. Kal subhah Panvel Nikalna he..

[@NareshShewakramani]

100 % agree, much better then these days stupid youtube finacial influencers

[@JaiMaharashtraMazha]

😂he's Asking a Realty Developer Buy or Rent Niranjan Hiranandani Literally Amused at His Encounter with a Fool

[@paperabsorbdotcom656]

Buying a house is saving :D ... tell me that now after 2024... ;)

[@sp-ye7ht]

Hiranandani to bolega hi ye cheez..😂

[@ameeshsamalopanan6046]

2 minutes ka question!!!

[@uttaranbhunia4939]

Is this video only for the rich and Privilege??

[@rahulmalawadkar8324]

That's his target audience.

[@PayalLimbole]

Please Niranjan hiranandani do something for hiranandani powai jai bhim nagar for poor people they're on road in raining day's

[@smukherjee9231]

Ask Govts

[@vaibhav-bhavsar]

Good question but wrong answerer 😂

[@user-wl6ib3lb3w]

Call Sango life sutra on your podcast PLEASEEEEE he will give better clairty then these nobodies

[@8080408729a]

let me give you a reality check, I'm from thane,maharashtra & decent sized 2BHK here in Hiranandani costs north of 1.50cr. assuming individual in his 30s is opting for 20 year loan tenure in order to purchase above apartment, his EMI will be at least 1.30 lakh per month. considering other commitments & other future plans, one should earn at least 2 lakh a month(solo or combine) in order to afford property in Hiranandani thane on other hand, you can rent same property for as low as 40k/month choice is yours

[@somnathpain1919]

you buy apartments and make them rich

[@rishitrivedi574]

You are working for your employer , you are making him rich 🤣 UNO Reverse

[@kusumtiwari3343]

Ya toh question puch le bhai ya fir khud explain kar de

[@pankajk1119]

Yeh hiranandani pagal hai lagta I live in rented house if I buy same emi will be 3-4 times the rent😂😂 Indian buying is only suited if you annual income twice the property

[@PayalLimbole]

You're one decision making 600 people homeless 😢 please look at theme that' property is not your you can't make building in there for reech people

[@pareswaradash3354]

Now a days only bakwas

[@arpanmukherjee6292]

Living on my parents house so no headache about it😅. I don't know why some people are so much obsessed with prime location and luxury properties. Cause most of the people of our country owning independent house on tier 3 tier 4 & villages.

[@reachmanojs]

Builders Fund managers Crypto guy all pitch for their sales. Do best what is needed for you always

[@ptcosmos]

5:15 Are my videos good? V HONEST. -BOT