Most people invest in equities, debt, real estate, …..and I guess they invest so that they are able to sell it at a premium later on, right? Well, when people speak to me they say “I bought a house for Rs. 80 Lakhs in just 10 years it is worth Rs. 1.9 crores”. Nothing wrong […]

Read More →

  Here is a completely different perspective on real estate costs!! For a typical middle class person – say earning Rs. 6 lakhs at age 43..obviously houses look damn expensive in Mumbai. However when you look at the salaries in the BFSI space – banks, mutual funds, life and gen insurance companies, brokerage….it is common […]

Read More →

This post was triggered by Deepak Shenoy’s article about the regulator… I was a little amused that the cases mentioned even got ‘caught’ . First things first. What is a soft dollar commission or should i say soft rupee commission… I will have to go a little into technical details, so please bear with me. […]

Read More →

Subra…I bought this house for Rs. 42 lakhs about 8 years ago now it is worth Rs. 80 lakhs…It has almost doubled. So Subra using your Rule of 72…I have got a 9% return..this is fantastic is it not? In the share market I could not have got this much, right? I said…not so quick […]

Read More →

Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]

Read More →

A few of the industries that a common man deals with are in dire need of a Regulator. One of them is Real Estate. There is no common definition of words like built up, loading, super-built-up, charging for parking, brokerage for renting, brokerage for buying and selling. A builder does not have to tell the […]

Read More →

I hope Dr. Khan finds this article useful…Arjuna seek your answers here: Many people have been screaming about real estate as an investment. Well I have nothing against it, except that I do not understand it. Given limited brain power, I would rather not do it, instead of making a mess of the same 🙂 […]

Read More →