Things NO ONE Tells You About Owning a Flat in Mumbai

[@WintWealthYT]

MUMBAI FLAT BUYING GUIDE: bit.ly/3Gl9gtv

[@swingtradinglearner7121]

Work in Mumbai , stay on rent and retire early and move to a tier 2 or tier 3 city ..today all across India healthcare and other facilities has improved

[@sanjaykartari6835]

Good Advice.. But Someone who born & or Bought up in MUMBAI know the Value of LIVING in MUMBAI.

[@swingtradinglearner7121]

@@sanjaykartari6835 yes agree i am from Mumbai and love mumbai ..but having stayed in Hyderabad ahmedabad and Kolkata ..i can say other cities are catching up on terms of infra and culture . The cost of houses in Mumbai really drains you of all other leisures in life and doesn't let you enjoy the other things in life. Plus the houses are so small ..once you stay in other cities you cannot adjust to the small bedroom and hall sizes of Mumbai apartments

[@sanjaykartari6835]

@@swingtradinglearner7121 I M Lucky enough to Born in 1700sqft Huge 3BHK Apartment.. But bcoz of financial problem. Our Home is mortgage.

[@sanjaykartari6835]

@@swingtradinglearner7121 Hmm.. I M Lucky enough to Born enough In 1700SQFT HUGE 3BHK Apartment.. We Have 220 & 240 SQFT Shops also. Once u reach that level. It becomes easy to become much richer easily bcoz of ur network/contacts.thats y lots of rich people prefer to live in Mumbai.

[@soubhikdutta6184]

I feel there is no need for them to leave mumbai also. If they retire they can leave the expensive locations of mumbai and buy apartments in mumbai subarbs and in navi mumbai. Some areas have low rates like virar

[@sandes7624]

Steps to buy a house in Mumbai.. 1) sell ur house. 2) sell all ur gold & other assets if any.. 3) sell ur neighbours house if required.. Maybe after all this u can afford a 1bhk😂

[@mediahost2243]

Sell yourself too 😅

[@ZenochkaGaming]

Lol

[@Pedals_n_brews]

Hahaha natraj ka sixer

[@mek658]

Very True ,all are Chor

[@justsmilereadingthis]

😮

[@wasifmondal7978]

We stay in a tier 2 city. We built our own house, 4b2h2k and 2 seperate bathroms... Our house is 1700 sq.foot. and it took approximately 25 lakhs to built. The land was our own so no problem in that... And the view is also good as there is no other congested houses around.

[@anmolfrost]

can you please tell me which city is this? and what about the water, electricity and nearby hospitals?. It'd be great if you could share your experience. mumbai has just become a commodity and out of reach for most of us millennials who are born here. it feels unfair.

[@wasifmondal7978]

@@anmolfrost I live near kolkata(around 15km away from kolkata). So it's not technically a city place where I live but have all the things available such as hospital and everything... And we don't have to pay for the water cause it's free over here, so yeah you can use as much water as you want and land price is also not too much so you can built your house as the way you want to, and yes every other things are also available like private/govn schools, and the basic needs. The only thing is that you have to travel 15 km daily if you are doing a job in kolkata

[@mainhugopal]

@@wasifmondal7978 I am from Kolkata as well where do you stay?

[@gamesbond0074]

​@@wasifmondal7978 Which Area in Kolkata? I live in DumDum area. you?

[@RedDevil1820]

same i live in patna my house is a 4 storey building i use one and other 3 for rent . ez money if i even quit my job

[@domcity11]

Primary reasons for absurd pricing of indian real estate 1. Land owners expecting huge premium 2. Builders expecting triple margins 3. Corruption to get municipal approvals 4. Local goons asking commission to allow work in their area 5. State and central government taxes for doing nothing for this transaction 6. Black money holders who want to park their illegal money 7. Customers who are not willing to understand difference between apartment and house on own land where apartments are ideally cheapest way of housing but benefits are reaped by real estate system instead of customers who are living with adjustments and sharing. 8. Emotional middle class buyers who are ready to pay 15-20 years of salary in advance with loan, where rest of the world (excluding few places like New York,London,Hong Kong etc) is paying 3-5 years of salary for housing. 9. Family/Society pressure on younger generations to buy house anyhow 10. Assumption of the customers that they cannot do anything but to accept this ridiculous system

[@Pedals_n_brews]

Point 9 landed hard 😢

[@axel3895]

11. Population

[@jaypalnitkar4400]

Black money is the biggest reason....nobody pays taxes

[@annajoy1948]

I always wonder why houses cost so much. Does it really take so much money to make them in the first place. Thanks for explaining.

[@MithunOnTheNet]

Points 3 - 6 are crucial. The majority elects corrupt governments on the basis or religion and caste to power, who then do nothing to eliminate 3 - 6... because the MLAs and municipal crooks themselves are profiting from the corruption and black money in the system! Eliminate points 3 - 6 and you will see prices crash to realistic levels. But don't expect that to happen anytime soon because the majority of the electorate are no better than the crooks they elect to power.

[@Men_in_love]

I work in mumbai, but i will never buy a home even if i make millions. I will prefer living in rent. REASON :- in 2cr in mumbai , you can get a average 2bhk flat. The same 2cr can get me big bunglow with 5 bedrooms,2halls,2kitchens a swiming pool & a big garden in my hometown city in gujarat. If i have money i will buy properties in small cities & give them for rent that can easily cover my all living expenses in mumbai including rent....

[@mauing]

But how can you give on rent properties in other cities. I am just asking to sign lease agreement you need to travel far then. Its question kindly explain your idea if possible I would like to do same when I have money saved 😂

[@abhiyou0tube]

Don’t think it’s feasible to cover rent in Mumbai by buying multiple properties in other cities and earning from rent there, only possible if you live in a small house in Mumbai

[@akki345]

Tip: In Maharashtra No "Non-Encumbrance" Certificate is issued by Sub Registrar Offices. Instead search Index II of the property, in that way you would know which transactions have happened over the property.

[@financialninja3180]

I recently bought a flat for my parents in Mulund for 1.75 cr. I had purchased a flat in 2002 in Andheri for 20 lacs! ! 😮

[@Pedals_n_brews]

Lovely . You should thanks modiji for that 😅

[@financialninja3180]

@@Pedals_n_brews Thank you Modiji 😅

[@Pedals_n_brews]

@@financialninja3180 ek nambar !

[@pacificsus]

Was it 1bhk or an 2bhk

[@pacificsus]

@@financialninja3180 so you got an 2BHK in mulund too in 1.75 cr ...I wish to buy 1 tooo is it 1.75 cr for new Construction or an old Construction and how is mulund if u don't mind can u tell me the builder and carpet area I am sure u have done a lovely deal

[@tantrikdoka5376]

For the first 3-5 years of living in a house, use interior decoration, NOT interior designing. Decoration is FAR CHEAPER and you will learn your likes and dislikes over 3-5 years. If you spend too much, like 20% of house price as suggested by this video, you will be stuck with it (unless you want to spend even more to correct things you don't like). So the lesson is: Find what are the least mods and adds that give you happiness, just do that and then, stay happy. Invest the saved money and pay EMIs faster.

[@mikymiky265]

Stop buying flats... Demand will decrease and rate will also decrease ... We have to Unite 💪

[@AccountFreewill]

Most people in Mumbai, dont know how to settle outside mumbai as most of them lack the insight of how to make money to save and invest and retire rich. the only thing they know is real estate and some insurance policy like LIC. i know lots of my friends and some relatives of mumbai, who has just 1 or 2 flats around 400 sqr feet and they brag about its value. I like in a 4 Bedroom Duplex house of around 1650 Sqr feet which is now worth 1.35 crores in the outskirts of mysuru and i dont brag about its value.

[@aakashnaik1576]

That 400 sqft flat, if really is in Mumbai, then costs around 1.6 - 2.2 crores.... the thing is, no city can beat Mumbai w.r.t amenities like water, electricity etc....

[@priyankadsa3488]

​@@aakashnaik1576water...u must be joking😊

[@aakashnaik1576]

@@priyankadsa3488 I wish I was joking :(

[@brownman3654]

Yes I purchased 90% completed building in Andheri East, 1.5 bhk costed me 1.3 cr. Luckily I got possession in 8 months.

[@brownman3654]

@Rahul Gaikwad Drishti height

[@PramodSubramanyam10]

Wint wealth videos never ceases to amaze me everytime. Awesome video!!

[@WintWealthYT]

Glad you like them!

[@12villages]

There is a saying in Mumbai: _"If you were born in Mumbai, it is not your fault."_ _"But if you die in Mumbai, it is your fault."_

[@simplyabnna6971]

Can you explain the meaning in details

[@K2shar]

@@simplyabnna6971 meaning better you leave mumbai for good...similar to the saying " if you were born poor, it's not your fault..." can't agree more to this

[@polyteky]

@@K2shar what are some reasons to leave mumbai

[@aasishvarghese1231]

Dear .. Really agree with you :)

[@aasishvarghese1231]

@@K2shar Thank you Sir for your kind explanations!!!

[@jaikumarjadhav6575]

Rent in Cheaper Outskirts of Mumbai. Commute to Work. Save Money. Move to Tier 2/3 city later. Buy flat/house. Retire there. Peaceful life. (Provided everything else goes right)

[@pc_believe5656]

Sir, Is it really good to purchase a property of 1 cr-2 cr.... Average family earner can't afford....it's only hype by the builders....not everybody have such huge amount....By taking loan....person will pay only loan till his life....live with burden of loan....Why this hype of increasing in Prices....Builder says metro will come near property....but metro will come after 10 years....why they charge such premium price now.....some one has look into it.... Government need to take care of Average earning families....as rich are getting rich....

[@bhavindharod8867]

That's how real estate mafia or black money works. Somewhere, it has to be rotated and real estate is the best place for that..

[@khemrajkubal1435]

It's always about supply-demand. Prices are high and will continue higher until there are people ready to pay prices . It's not about average household earning. Mumbai, there are so many wealthy and high earning individuals .Not only that many non-mumbaikars who have money invest here(business people\ celebrities \ sports people, etc) . Also, there are NRIs. In fact, many projects in mumbai have sales offices in outside countries targeting those individuals. The supply of houses in Mumbai can't keep up with demand from these people. Mukesh ambani can't go out of mumbai to stay and will be ready to pay 10× prices. The same goes with many people here. With migration , many new individuals keep coming to mumbai, some of whom have the ability to pay such prices. This demand is what leads to Mumbai building so many skyscrapers and such higher costs and selling prices. The prices won't go down unless we are in some form of recession

[@sudhakarpatil4501]

Dont even think of coming to mumbai,end of life people become bankrupt and ruined,it is a doom city...

[@adj33]

​@@sudhakarpatil4501 It's a city of dreams. The path of dreams is filled with people like you who didn't succeed. This city has been kind to my family and I, there are many more whose lives were transformed after coming here.

[@Herculean_Life]

Mumbai sounds cheaper than gurgaon

[@Harsh-bv8vf]

Cost of stam duty ,bank intrest,and furniture will not be considered for sale after 10 year.minimum 50 to 60 lakh.and keep in mind home is depriciating asset compare to inflation as property prices are at peak or overvalued

[@helraiserlastdaysofhell1795]

Buying a flat is not a investment and also buying a flat via home loan is really a bad idea, because flats value gets depreciated over the years. People in mumbai buy flats just for the sea view or for a trendy life style, which is kind of weird as there is nothing other than a sea shore view, also the maintenance gets higher over the years. The roads are pot hole filled and during rainy season there is waterlogging all around mumbai. Many professionals pay high rent as they are well aware that owning a flat is over expensive and renting is an easier option if the income is higher. Most flat owners in Mumbai are wealthy business owners or they acquire dwealth through family inheritance, who buy flats using ready paymant to avoid paying high income tax.

[@sahilkushwaha5864]

Mumbai is one of the worst place to live in. An average family cannot afford its rental price, and otber amenities too. Its so conjested, especially the local trains. Government should divert some companies outside of Mumbai to spread the population over a vast area instead of congesting them in a single city

[@AccountFreewill]

Better buy a land outside pune or Thane and built a house for less than 70 Lakhs. One of my relative bought a land of around 3650 Sqr Ft and had build a house with a total cost of 65 Lakhs.

[@akashraheja7203]

Cost of land as well as construction?

[@alliswellalliswell5412]

Whatt!!!! 3650 sq ft house in just 65 lakhs? In nagpur we pay more than this amount just for land and this is 15-20 km away from the city. Construction would cost another 60 to 80 lakhs. I guess your relative had an ancestral property there and 65 lakhs is just the construction cost cause I don't believe this is possible near thane or Pune in just 65 lakhs

[@pawaa7536]

Only people watching this video who can not afford or dare to dream buy a house from colaba to borivali with even monthly salary of Rs. 1 Lac.. Love what you have and keep working hard.. Job will not take you anywhere... Only IDEA can..

[@utkarshkumarsingh8473]

Nicely explained. I have been to vaibhav's house and they have done tremendous work on interior and the eye catching view of powai lake is the best part of the house.

[@shaungovind8698]

which part of mumbai is it located in?

[@raveenanair4616]

Wow, very well explained video specially by the owners of the house- crisp and structurally explained. Thanks

[@chintubaba8362]

short and crisp video. To the point. Well made.

[@WintWealthYT]

Glad you liked it!

[@jayeshratangairi8732]

Mumbai prices are scary . Sometime back you couldn't imagine 1Cr for a flat .

[@LifeGeneralist]

Not worth at all

[@geisha-12]

It wasn't like this 15 yrs back. Prices shot up 10 times in ona and a half decade. I know people who bought their flats for 2-30 lakhs in good area like central Mumbai. Now it is easily 3 cr.

[@PramodShetty-iv2nt]

Comprehensive information for flat buyers. Very well done

[@bloodthirstyworks]

Such a foolish thing to buy a house in Mumbai. That 1 crore loan they took at current home loan emis will end up costing them 2.1 crores by the time their loan tenure ends. So for a 1.3 cr home, they are effectively paying 3.4 crores.

[@AJK666007]

Your calculation is way off. For 1cr loan they will end up paying 1.2 cr more. Essentially you will pay around 2.2 cr and not 3.4 cr.

[@AnishShukla88]

@@AJK666007 uhm effectively

[@amananand2029]

Housing and land prices are high in India due to absence of anti hoarding law ..which says all unused land and flats will be taxed 1% of there market price.... owners will have to pay 1% of market price of the property as tax ...it is already there in USA that is why property is much affordable there.....30% of Mumbai land has been hoarded by a single family....keep watching cricket and movies and government will take everything..🤣

[@SG-ql1qn]

Such a sensible comment!

[@johnsamuel1999]

Thats unfair to poor landowners who don't have the money to develop the plots. This is a common situation in smaller cities and rural areas.

[@darshp800]

Family name is Godrej😂

[@noahark3984]

Point made at 1:11 is bang on. Don't ever fall for the so-called amenities of any project / society. Always chose the maximum carpet area that you can in your price range, subject to , of course, legal due-diligence.

[@Rudi_Mentary723]

Only applicable in cities like Mumbai. Because in other cities space and price of the property is not an issue. You get nominal rates relative to Mumbai wherein house prices just don't make sense. That's why in other cities, people buy houses looking at the amenities etc etc the society provides.

[@mayurnayudu3376]

As long one has clarity , planning and support ..anything is possible. Congratulations to the couple

[@AccountFreewill]

Beware. Due to global warming, Apartments and housing near seashore or near major waterways always has the situation of catastrophic coastal erosion and flooding due to excess rainfall. Here in Cochin and several coastal towns in States like Goa, Maharastra, Karnataka, Tamil nadu, Andhara, Orissa, Kolkatta, Gujarat. i have seen sea erosion first hand in cochin, Mangalore, . Also now the real estate near coastal towns is a risky buy

[@sagarjadhav6568]

The people who used to say "Amchi Mumbai", most of them have already left Mumbai. Now its either "Bambai" or "Bombay"

[@mikymiky265]

Stop buying flats... Demand will decrease and rate will also decrease ... We have to Unite 💪

[@vinayakr4956]

Bro come here to namma Bengaluru in Karnataka no pollution all over greenery sweet people big companies most of big startup founders walking in Bengaluru Street no showoff this is Bengaluru bro

[@jhilmil1401]

WT abt water?

[@AkshatKumar-fk9es]

​@@jhilmil1401😂😂

[@fabregas581]

I don not intend to offend anyone but Everybody cant afford Mumbai......but just saying negatives about Mumbai will not reduce its top real estate place in the world. This is the place where all leading industrialists stay and mumbai will rise in coming years. Harsh but truth !!

[@MovingWheelsOriginal]

In Mumbai Matchbox size Flats are sold in Crores of rupees, and even construction quality also not upto the mark. Mumbai is not worth to settled in

[@subhashthakur862]

It’s Beautifully explained by MrVaibhav n Poonam..!,

[@yowadupJashen]

💯

[@SheldonCooper0501]

One thing I felt as soon as I landed in Mumbai, southern Indian cities are way better than Mumbai, so thought of leaving Mumbai asap!

[@stankssmile5865]

It’s scary how mipumbaikars say their dirt dust moss filled old construction is still worth it. I know many Mumbaikars AWHO sold their dingy flats and moved to tier 2/3 cities with almost double the square foot space.

[@mackisbrocklesnar]

recommendation for PPL not from Mumbai - don't think of settling here, it is not worth it. stay here on rent if your work demands for it. invest in outskirts/ other cities and move there once those locales develop

[@hemalshah2109]

As if renting is cheap in Mumbai. 1bhk goes upwards of 30K pm in most suburb localities.

[@mackisbrocklesnar]

​@@hemalshah2109it is far lot cheaper than buying

[@buddhapiyao1315]

No doubt there is absolutely no other city like Mumbai for its livability and work opportunity. But real estate is extremely expensive. There is absolutely no control over the prices. both politicians and builders are hand in glove for the inflated prices. There is no justification of the flat value as in the materials used, location, accessibility ect. last 10 odd years the construction quality of the buildings have deteriorated dramatically. 40 year old low rise buildings still have no leakage issues but newly constructed buildings have leakage issues within 2 years. not a single red brick is used in construction. They use "Fly ash" a by product of cement industry to make bricks which has absolutely zero water absorption capacity and is so light that you can break it to pieces with your bare hands. Earlier slabs used to be atleast 2 feet thick now its not even 1 ft thick. some dont even use fly ash bricks they simply use concrete sheets. they lay it next to each other to create a wall and do not seal the edges properly. no wonder there are leakage issues during monsoons. builder like Lodha goes one step further to make POP internal walls. it cannot hold Nothing. you cannot hang your TV on the wall as the weight will have the wall collapsed !! Hence the prices are simply not justified !! secondly the so called Amenities is pure scam. not only are you charged for the "common amenities" but you are also charged an amount for its maintenance in your maintenance bills. and these amenities are hardly every used. nobody uses the gym or the swimming pool everyday. Id rather stay on low rent in a low rise bldg as long as it is close to work, easy commute and all necessities like grocery market schools and hospitals are at walking distance, has good security and 24 hours water. Id use my money to invest in mutual funds and stocks or even keep funds in high interest bank FD's than pay almost 1 lac EMI per month. When you are working you dont really need your own house. You need a house when you are over 60 or 65 and plan to retire. That is when you need to fully retire in a 3 tier city with the well earned income from your intelligent investments and buy a good big flat or a bungalow for 1/10 of the price in Mumbai and live peacefully with servants and enjoying your hobbies like travelling Gardening ect.

[@darylferns84]

Lodha and A grade? wow ... no way. I beg to differ. Apart from that fantastic video. Thanks for helping out with such minute details.

[@shadiap]

Absolutely

[@mustangblazer76]

Lodha construction is BS.. Hiranandani is A grade..

[@nesarag9546]

I still think how people live in Mumbai with that much huge cost to buy a small house. Congested traffic, less places for parks and playgrounds for kids elderly.

[@narendra47]

Good infrastructure, kind and helpful people, the safety of women and children (compared to any other city in India), ease of business(again compared to other cities in India), and ample job opportunities. It makes sense for most of the people even when it comes at expense of travel time and congested areas

[@sankkham]

I born and lived in mumbai. My family bought 3 houses in mumbai in 90s and one of them is in South mumbai. They are not rich actually. Just in 90s mumbai houses were just in lacs😂. Due to money laundering done by politicians, businessman and celebrities mumbai houses sky rocketed. Bt still even working hard i was not able to buy even a single one. So with my saving instead of buying house I went to usa for study. And then becuz of my US job then I was able to buy house in mumbai. As due to purchase parity gap in india we can't get salary in crores easily. I also travelled in many cities of India. I can say public transport, security, safety, education, healthcare, food, electricity, water supply these necessary things u don't get everywhere in india except mumbai. Remember mumbai has jobs in IT, sevice, finance, real estate, movies, editing, fashion, medical etc. U name it u get it. Even in new york, london, bay states, Vancouver also there are not many jobs and security like mumbai. Although 53% population lives in slum. Cuz obviously no one have money to buy these houses. And if govn will destroy slums then all low level workers may demand hike in salary and thousands of businesses will be closed in just a day. Cuz in mumbai labour cost is cheapest. As almost all labours are migrants and live in slums.

[@7001nikhil]

Mumbai is emotion. Vibe of Mumbai can’t be matched by any other city in India. It’s just that majority can’t afford this city. But, if you have ample money to buy spacious house then there is no better place than Mumbai in India. Just because is New York or Tokyo is expensive people don’t vacate those cities. There is something in these cities which other can’t match up. Helpfulness, ethics, professionalism is unmatchable.

[@vijayrandive]

Agreed, People live in Mumbai cause they don't have any options. It's Congested traffic, crowded transports , heavy pollution. 50 lakhs people live in chanties illegally. Only Four years I stayed in Mumbai for study.. That's it. I hated Bombay and moved to Rural place Navha Sheva near uran on international construction project. Never gonna visit Bombay. Sane people who want to live quality life always stay away from Mumbai... :)

[@4985muhammadali]

​@@vijayrandivesame reason, I live in ulwe

[@vedantjain03]

The point that these videos will always be about White collar job folks and not about how the prices are inflated due to giants, parking their cash!

[@Rajveer-lb3ze]

Property rates are increasing day by day that's why some middle class peoples can't afford to buy, after some years these flats rates would be very expensive maybe after 2050.

[@funnnid1940]

But Mumbai metropolitan suburbs also have cheaper & better options like Kalyan dombivali ambernath Badlapur they have better infrastructure soon they get Metros

[@RahulDesais]

Mumbai mai ghar lena hai toh, Pehele 10-lakh monthly kamana sikho, wohi yaha flat le sakta hai...

[@sanketnegi1]

Nah... 3 lakhs as a couple bhi kamaya toh bhi sufficient hai .

[@skin_and_everything]

I have seen your property buying videos for Bengaluru and Mumbai. Kindly make for Kolkata too. Would be very helpful

[@namratashirke]

Mumbai is over expensive and yes the survival in Mumbai will be difficult in coming years the salary of common person is surely not going to rise.. Overrated Mumbai is not having life all we do is travel 4 hrs work 8-10hrs and go home just to sleep. Mumbai is stressed the hype and rates are not justified . Dalal and builders are playing for the profit only

[@rajusaroj8385]

For My Friends who got demotivated .... "Make the decision that you will die for it, just to your Dream what it takes to be Alive for it "

[@vipuljasani4315]

Govt policies are responsible for speculation in residential properties to support HFC and rich people. House is a necessity and loan for buying necessity is a shame on India and society. Food is also a necessity and tomorrow people may have to take loan for food !!!!!!

[@kushalvora7682]

Even Upgrading from 2bhk to 3 bhk is so expensive. You'd have to take atleast 50 lakhs loan which would amount to an EMI of 30k for 30 years. That's alot even for the top 2% income earners. Now imagine buying a new flat even 2bhk would require a loan of 2cr, which would equate to EMI more than 1lakh for 30 years. Even if you earn 30lpa half your income would go into emi.

[@j4journey581]

As per my POV, it seems to be very wrong decision to spend crores on an apartment. This amount could have helped them to retire early if this would have invested properly. People like this will push the real estate cost up and up.

[@HeetVichhivora]

this channel feels like a goldmine of knowledge

[@SuryaTiwari]

Content 10/10 ❤ always

[@sheebumusthafa5243]

He knows what he is doing. Which is highly important.

[@saurabhshukla3409]

And people say property price and rent in Bangalore is expensive 😂😂😂 Mumbai is on another level

[@komalvlogs2610]

We have house in Bangalore and Mumbai , Mumbai is definitely more expensive.

[@player95]

Same thing is happening in pune as well

[@abhishanu1]

"Saving Money on Taxes" through Interest is Financial Silly to even mention - Seriously! Unless you S&P500 and arbitrage the Net Interest Gap in your lent amount on Core Asset. - House / Apartment on a leveraged compound adjustment. There is no such thing as "Tax Efficiencies"

[@lhxperimental]

And the guy is the Director of Revenue at Zepto 🤡

[@keerthivasan3643]

Buying a property on this highly expensive apartments will always stay as dream for me, In some places you can buy acres of land with spending just 1 crore, Can do agriculture farming if the land has good soil and underground water, That's it you can survive anytime

[@QuinczAgrawal]

I just don’t get it with people buying flats for crazy unjustified prices? People in tier 2 cities pulling off 3x profits in a year & half by investing the same amount.

[@sumitbhasin7751]

People are cutting tree's and polututed rivers all around and after that pay thier entire saving to just to see the view of them..

[@nikhilchauhan793]

Hey Wint Wealth nice video 👍 At 08:06 - 08:16, You have said "Even thinking of house as an investment would not make sense because the returns you get by renting or selling could be much lesser than what you would have earned by investing that money elsewhere" Q1. What are those "elsewhere", example? Q2. But some people make money from this real estate only then why you have said this? (I am just asking, dont take it as an argument)

[@Ummaruchan]

1) Equity 2) Those people have multiple property, they invest purely for return unlike most of us.

[@bloodthirstyworks]

Say the same house shown in video was bought for an investment. The 1 crore loan they took today at current home loan rate of 8.5 percent for 20 years would be cost them around 2.1 crores by the end of the loan tenure. Add to that the down payment, furnishing and maintenance the house would cost them around 2.5 crores. So if the price of their house triples in 20 years, it would be around 4 crores. So they spent 2.5 crores and now the value is 4 crores which is 60 percent increase in return over 20 years. So divide 60 percent by 20 years, their wealth increased at an amazing rate of 3 percent every year which is less than an FD. Conversely if they invested that 94k emi in a basic Nifty 50 index fund which over long term gives a cagr of 12 percent per year, they would have made around 9.1 crores by the end of 20 years. If they invested the initial 30,00,000 also in same fund they would have made 11.3 crores. During this time ofc they would be paying rent and so if they were paying 50k rent and only investing the difference of the emi which is 94k -50k which is 44k every month in nifty 50 index, they still would have made 4.5 crores. With the 30 lakh also put in same fund it would have been a total of 7 crores in 20 years.

[@HemantPandey123]

@@bloodthirstyworks They have not invested 2.5 crore up front.

[@bloodthirstyworks]

@@HemantPandey123 Read what i wrote again my friend.

[@HemantPandey123]

@@bloodthirstyworks You have not included renting benefits, traveling benefits etc. Real estate is in a hyper-bubble so is the equity market. Wait for 2026 mega crash.

[@bibinthampy1599]

No matter how much crores u spend, u live inside four walls. And under the rules of society. Thats the reality of apartments. Gav ke log kush hai.. Kam kamaye, khaye piye.. But calm life hai..Independent home is always good.

[@himanshuvikramsingh3391]

But the issue is brokerage charges are too high in Mumbai and Delhi NCR

[@systemuser7600]

People buying flats think they own a home.... 😄 haha. Intelligent guys.

[@jaisiyaram2034]

Just thinking.. live on rent in new house and buy new house in your home town for parents.. win win.. then later if you kids go to aboard then go back to home town and do gardening..what a life

[@lhxperimental]

Mumbai itself is the home town to many and ppl need another house here to live separately after wedding

[@Truth_seeker_24]

Get the required medical & life insurance etc too so those things are covered.

[@shaundias4369]

After of the pricing have been increased by real estate guys... There alot of flats yet empty but yet they are quoting high... when they see no return they will down the price...

[@mr.jacker3951]

thanks for this vedio, need more like that

[@travelearthio]

Super expensive ... would rather go for a bungalow with large garden in a b or c grade town than a 1 BHK in city like Mumbai .... anyways it's a personal choice !! My life Moto is "Collect moments .. not things" ... so not in tune with purchasing a house of that value unless I can do it with around 10-20% of my cash balance ....

[@kaushiksarkar7201]

Mumbai is nextlevel..no comparison

[@LifeGeneralist]

Mumbai totally not worth these amounts of flats, as the job/employment and standard of living in other cities is much better

[@ankitlakshya450]

1900 sqft 3bhk bought for 53lakhs in vizag

[@osamaobama1574]

Powai is central area of Mumbai and if you buy in beach road vizag it will cost 15000rs sq ft

[@osamaobama1574]

Lawda/lodha is c grade

[@ankitlakshya450]

@@osamaobama1574 not in beach road though it takes 30 mins from my place

[@hirakmohanray667]

​@@ankitlakshya45030 mins means quite far away

[@ankitlakshya450]

@@hirakmohanray667 i am happy bro 30 mins i can spend

[@shubhamkothari7429]

great vid as always

[@ssiddarth]

Great video, succinct yet holistic 👌

[@abhishekprasad8563]

Mumbai is Mumbai❤

[@nikhilsolaskar9140]

What would be your suggeations on builders are using Cement blocks instead red bricks in Navi Mumbai...which one is better to have perfect house

[@MaviNK]

Much better than red bricks but inferior to Mivan construction flats.

[@PKGirpadeGroupOfIndustries]

The infamous lake view of Mumbai..mosquitoes comes free with that view

[@ThDaniel]

In Mumbai 1 BHK for 1 crore is looting.

[@Pedals_n_brews]

Waiting for odiji to destroy corruption and give me 15l for down payment

[@hirakmohanray667]

​@@Pedals_n_brewsyou will wait for ever 😂😂😂

[@Pedals_n_brews]

@@hirakmohanray667 aisa mat bolo yaar .. if not Moo000dyyy then whoooo

[@hirakmohanray667]

@@Pedals_n_brews hmm

[@blade1274]

@@Pedals_n_brews Papu

[@user-ju1fm8rn1g]

1.7cr you can retire with that money and Invest passively if you come out from jail cities like Mumbai Delhi bengaluru 😂😂😂😂

[@Sudeep.Manerkar]

And where will you earn that much money

[@Pallavisharm]

I am waiting for crash in markets when there is high demand prices of land

[@tandulenikunj1338]

Bro.... I think the best safe investment is property & gold.....

[@sachin2842]

Mumbai not safe water submerging in future?

[@prashunpcchakraborty70]

Everyone needs to hear this ALWAYS PREPAY LOAN when you can. Huge money saver.

[@meeeeeeauuuuuuuu]

Remember you never know what is 90% completed property. don't fall in that trap

[@freidrick-neitzsche]

Nice content guys keep it up

[@KrishnaGupta-oq4fo]

PEOPLE WHO SAYS THAT MUMABI IS NOT GOOD TO BUY REAL ESTATE THIBK THAT IF U HAVE 1BHK FLAT IN SOUTH MUMBAI AREA U GET 3-5 LAKH 0ER MONTH AS RENT . BELIEVE ME , ITS WORTH TO BUY IN MUMBAI .

[@whattodo904]

Uncle.... How about construction quality?? Are they durabale buildings, are they built on legal land and what about Earthquake resistance??

[@gouthamvarma9802]

ever visited to HYD? best place to live, you will get a calss A home at same cost and 4bhk.

[@siddharthudyawar9544]

I have lived all my life in mumbai and it’s just a shit hole…

[@muralikrishnan748]

Your videos all unique sir . Please make hotel business based videos more . Thank you sir

[@Dr.PK18]

Very informative video

[@sambhavjain6122]

I thik living in delhi is far good than living in mumbai In term of housing Delhi has abundance in housing

[@maheshkadam423]

Mumbai mai 1 CR ka flat lo ya 4 CR ka lekin barish mai gutter ka pani bar jata hai Road Pey😂😂

[@yvnlakshmi7855]

Even in Pune also❤❤❤

[@AccountFreewill]

Just for a apartment spending exorbitent amount by borrowing money, is not a good investment practise.

[@lgtv8526]

Never buy anything on Loan. We recently bought a new home but only tool a loan of 5 lakhs just for the sake of it.

[@saurabhtapkir433]

Corruption,black money , land mafia are the reasons because of this middle class cant buy home nowdays😢

[@shivaramannair7212]

Slumbay left in the 90s never looked back

[@TraderHarneet]

Your videos are really good ! Informative and good production quality.. i wish you get much more subs and views soon.. bcz you deserve it :)

[@WintWealthYT]

Thanks for the kind words Harneet :)

[@gaurishgangwar]

Do you people generally call crore as C-R or that uncle is some unique piece?

[@mustangblazer76]

It's called CR or Cr in all places buddy esp Metros.wake up