Lot of NRIs are actually losing money by working in US

[krishnaaa]

19 minutes ago, yslokesh said:

You talk only about Hyderabad and ORR as if thats the only place to live.

I have hired a cab driver for 15 days to stay in Kukatpally and spend time around the things within 10-15 kms.

Just to cover 1 km, it was taking 20-30 mins.

Stop. Inka no arguments.

 

You dont go for the India right now. You go for India 5 years down the line.

Also, regarding traffic, lot of people travel more than an hour 1 way to office  here in US.

 

 

[Pumpuhaar]

Idea baavundi but evadu podu unless status issues 

[krishnaaa]

Just now, Pumpuhaar said:

Idea baavundi but evadu podu unless status issues 

Lol even citizens are leaving and tge percentage increase is much higher than for people coming in.

They are very happy in India.

[akkum_bakkum]

1 hour ago, krishnaaa said:

They are invested in stagnant properties, or not being renovated, land available but not giving out for rent etc

Instead of working in US, if they went back and readjusted their properties like selling those inside ORR and buying in growing areas or buying commercial spaces for cashflow, renovated with cash sitting in nri accounts to get more rents etc....they would make lot more money.

These things can also be done from here. how is that a factor to move there? besides you seem to be full into money and investments. There are things that money cant buy. Not sure when our ppl would realize this. Less money with more peace is more valuable (atleast to me) than more money with no peace. I have seen the lifestyle in hyderabad and benguluru. traffic, pollution, corruption, competition...what not. No amount of money can get me there...ever. I have a gc and no one bothers me even if I sit at home and claim unemployment. Still better than beating the rush in india.

[Android_Halwa]

54 minutes ago, yslokesh said:

You talk only about Hyderabad and ORR as if thats the only place to live.

I have hired a cab driver for 15 days to stay in Kukatpally and spend time around the things within 10-15 kms.

Just to cover 1 km, it was taking 20-30 mins.

Stop. Inka no arguments.

 

Yeah, living in Kukatpally and covering distance will take time...Like any other major urban conglomerate in India and most other major cities.

This is the reason why people move away from the cities. Imagine living in central london.

[Android_Halwa]

Personally, I have seen few cases where people actually made more money by moving to India than staying here. I know a person whose father was running a small manufacturing unit, which almost became a sick unit and just then, the son returned to India, invested and modernized the unit. 5 years turnaround and expansion happened.

Another case. family has 25 plus acres in balanagar and two brothers inherited. Younger brother started selling land to fund his hobbies and older brother who was in US, realized this could harm everybody. This fella returned back to India, built warehouses and now earns good rent, plus found a new career in developing ventures.

[nuvvu_naakina_paalem]

1 hour ago, krishnaaa said:

Seen a bunch of NRIs who are working IT jobs are actually losing money.

They all would have made a lot more money if they had just quit , went back to India, just took care of their properties and retired.

Do you have people like that in your circle?

 

Cost of pollution and leki people without morals 

[dreamchaser]

12 minutes ago, akkum_bakkum said:

These things can also be done from here. how is that a factor to move there? besides you seem to be full into money and investments. There are things that money cant buy. Not sure when our ppl would realize this. Less money with more peace is more valuable (atleast to me) than more money with no peace. I have seen the lifestyle in hyderabad and benguluru. traffic, pollution, corruption, competition...what not. No amount of money can get me there...ever. I have a gc and no one bothers me even if I sit at home and claim unemployment. Still better than beating the rush in india.

Exactly.Even I have GC and will be getting citizenship next year which  I got after struggling for  18 years in US.why would I miss the peaceful life,unemployment and retirement benefits and go to India?

[baabaa]

23 minutes ago, Android_Halwa said:

Personally, I have seen few cases where people actually made more money by moving to India than staying here. I know a person whose father was running a small manufacturing unit, which almost became a sick unit and just then, the son returned to India, invested and modernized the unit. 5 years turnaround and expansion happened.

Another case. family has 25 plus acres in balanagar and two brothers inherited. Younger brother started selling land to fund his hobbies and older brother who was in US, realized this could harm everybody. This fella returned back to India, built warehouses and now earns good rent, plus found a new career in developing ventures.

These people should have never come to US. 

One of our neighbor's son did masters from Jaffa univ in Missouri and currently unemployed. His dad has a construction business in Hyd. Even when he was coming for masters I told him many times dont come and learn business from your father.

But those cases are far from few, the cases you mentioned should have never come to US.

[krishnaaa]

18 minutes ago, nuvvu_naakina_paalem said:

Cost of pollution and leki people without morals 

Pollution is temporary. I have been posting this video multiple times.

Compare the EVs from 5 years ago ... adjust the cost to inflation and compare it with now.

Like in 2020 , you would get Nexon for 17.3 lakhs with claimed range of 312 kms

In 2025, if you adjust 17.3 with 10% every year its 27.86 lakhs for which you get xev9e which is a much bigger car...or you can get xev 9s which is a 5+2 with claimed range of 656 kms.

The same nexon ev for 17.49 lakhs has 489 kms range.

How much did petrol or deisel cars improve?

Now imagine the same for next 5 years. There should be a huge difference in next 2 years itself.

Petrol and desiel taxis will be out of business as they cannot compete with lower running costs of EVs.

3 wheeler EVs are selling like hot cakes.

Mainstream media are idiots....they run multiple times a day saing Delhi AQI is horrible. But the below news is not even covered.

Big changes happen quietly.

 

 

[nuvvu_naakina_paalem]

Just now, krishnaaa said:

Pollution is temporary. I have been posting this video multiple times.

Compare the EVs from 5 years ago ... adjust the cost to inflation and compare it with now.

Like in 2020 , you would get Nexon for 17.3 lakhs with claimed range of 312 kms

In 2025, if you adjust 17.3 with 10% every year its 27.86 lakhs for which you get xev9e which is a much bigger car...or you can get xev 9s which is a 5+2 with claimed range of 656 kms.

The same nexon ev for 17.49 lakhs has 489 kms range.

How much did petrol or deisel cars improve?

Now imagine the same for next 5 years. There should be a huge difference in next 2 years itself.

Petrol and desiel taxis will be out of business as they cannot compete with lower running costs of EVs.

3 wheeler EVs are selling like hot cakes.

Mainstream media are idiots....they run multiple times a day saing Delhi AQI is horrible. But the below news is not even covered.

Big changes happen quietly.

 

 

It's a dream vacation to live in a house with a lawn, walkable Streets and respectful neighbors 

 

US lo it's bare minimum 

[fakeenk]

2 hours ago, krishnaaa said:

They are invested in stagnant properties, or not being renovated, land available but not giving out for rent etc

Instead of working in US, if they went back and readjusted their properties like selling those inside ORR and buying in growing areas or buying commercial spaces for cashflow, renovated with cash sitting in nri accounts to get more rents etc....they would make lot more money.

A guy in my group has nearly 300 cr. He has a conventional hall in prime location. His brothers are managing. so many properties near ORR. 
he is currently working for TCS here for 150K. Cleaning dishes alternate day and laundry every weekend . He is happy here

[krishnaaa]

53 minutes ago, akkum_bakkum said:

These things can also be done from here. how is that a factor to move there? besides you seem to be full into money and investments. There are things that money cant buy. Not sure when our ppl would realize this. Less money with more peace is more valuable (atleast to me) than more money with no peace. I have seen the lifestyle in hyderabad and benguluru. traffic, pollution, corruption, competition...what not. No amount of money can get me there...ever. I have a gc and no one bothers me even if I sit at home and claim unemployment. Still better than beating the rush in india.

Many things cannot be done from here unless you have good support in India.....especially on H1B. 

In most cases, parents aren't usually savvy and don't understand their view point.

And regarding me to be full into money, its your opinion....not necessarily the truth.

I study various topics like Finance, psychology, history etc. So I think from various angles.

Thats the reason I keep posting about EVs and AQI which you conveniently ignore. Going back to India also means kids spending more time with their grandparents who live longer and healtheir lives in the presence of their grandkids. Its also our responsibility to take care of our parents.

Regarding peace, for me peace is where my family and friends are. I have friends in both India and US. In US however, I have some nearby withing 5 minutes. But rest are scattered all over. You also get a good support system in Hyderabad from maids to doctors. This frees up lot of time to pursue our passions without worry.

If you think that you will be in a rush in India even after retiring, its your psychological bias. And you are feeding that bias and not looking at all the other benefits. Some of them even got a decent house constructed in GO111 with US style backyards and growing their own food. 

[krishnaaa]

12 minutes ago, nuvvu_naakina_paalem said:

It's a dream vacation to live in a house with a lawn, walkable Streets and respectful neighbors 

 

US lo it's bare minimum 

You can get a good lawn and walkable streets in GO111 areas.  You can grow food all year round as the weather supports it.

In addition to that,you get all the other advantages of being in India.

[nuvvu_naakina_paalem]

1 minute ago, krishnaaa said:

You can get a good lawn and walkable streets in GO111 areas.  You can grow food all year round as the weather supports it.

In addition to that,you get all the other advantages of being in India.

What about respectful neighbors?

 

What about weekend relaxation?

 

Is thar go111 are bare minimum or ultra expensive?