hitech city daggara 4000 per sq ft

[ronitreddy]

Nuzvid Mamayya ki masthu paisalu unatunaayi..Eppudu chusina investments, paisalu ane threads ee esthuntadu

[TampaChinnodu]

Just now, ronitreddy said:

It's always good to buy a flat when you want to live in it. You can save on rents kada..

I only feel it's not good for investment ani anthe..

NRIs vundaru gaa akkada. Ina kontunnaru pull gaa. Monne dost gaadu konnadu 1.5 crore apartment gachibowli lo

[ronitreddy]

2 minutes ago, TampaChinnodu said:

NRIs vundaru gaa akkada. Ina kontunnaru pull gaa. Monne dost gaadu konnadu 1.5 crore apartment gachibowli lo

Theliyaka kontunaru emo..LOL

[pinnigaaru]

@ronitreddy: bhayya what do you feel is good investment then?

 

[NinduChandurudu]

Bitcoin perugutondi konnara evaraina

[ronitreddy]

28 minutes ago, pinnigaaru said:

@ronitreddy: bhayya what do you feel is good investment then?

 

Land

Stocks

 

[ronitreddy]

29 minutes ago, NinduChandurudu said:

Bitcoin perugutondi konnara evaraina

Inka peruguthadi

[MAYURI_BPO]

2 hours ago, ronitreddy said:

There is no such as good investment when it comes to flat. Following are my insights..

Flat cost - 1125*4000 = 45L

Amenities will be 3-5 Laks at the minimum 

Registration ki inko 5L

So total project cost ochesi it will be 55L.

With 10L total down and remaining 80% with the loan, the total amount you will end paying will be close to 90L(Principal + Interest) at the end of 20 years.

Monthly EMI ochesi 37K [email protected]% interest rate..Rents will cover partly 20K and you have to pay 17K from your pocket. Ila 20 years chesthe neku flat migulthadi in a dirty condition..I dun believe you will get significant profits if you plan on selling the flat after 20 yrs as they tend to depreciate after 5 years..And I don't think ppl will be interested in buying an old property. So in this case, selling option should be ruled out ane anukovali..

Having said that, you need to consider the maintenance charges, property taxes as well. Tax benefits osthayi adi saving grace koncham..

If you wanna pay 55L instantly, that's totally a different ball game.

Instead, If you plan on buying an asset in the outskirts of the city with the same 10L, consider the amount that you will be getting after 20 yrs. Compare kuda cheyalem.

Nen demotivate cheyadaniki idi cheppatle..Na personal opinion cheppa anthe. Hence, take a wise decision before you rent out a flat to someone.

 

 

thanks brother ... good info

[NinduChandurudu]

2 hours ago, ronitreddy said:

Inka peruguthadi

i bought at 1999$ not entire piece..i dont have that much money

[icecreamZ]

3 hours ago, ronitreddy said:

There is no such as good investment when it comes to flat. Following are my insights..

Flat cost - 1125*4000 = 45L

Amenities will be 3-5 Laks at the minimum 

Registration ki inko 5L

So total project cost ochesi it will be 55L.

With 10L total down and remaining 80% with the loan, the total amount you will end paying will be close to 90L(Principal + Interest) at the end of 20 years.

Monthly EMI ochesi 37K [email protected]% interest rate..Rents will cover partly 20K and you have to pay 17K from your pocket. Ila 20 years chesthe neku flat migulthadi in a dirty condition..I dun believe you will get significant profits if you plan on selling the flat after 20 yrs as they tend to depreciate after 5 years..And I don't think ppl will be interested in buying an old property. So in this case, selling option should be ruled out ane anukovali..

Having said that, you need to consider the maintenance charges, property taxes as well. Tax benefits osthayi adi saving grace koncham..

If you wanna pay 55L instantly, that's totally a different ball game.

Instead, If you plan on buying an asset in the outskirts of the city with the same 10L, consider the amount that you will be getting after 20 yrs. Compare kuda cheyalem.

Nen demotivate cheyadaniki idi cheppatle..Na personal opinion cheppa anthe. Hence, take a wise decision before you rent out a flat to someone.

 

 

 eee post ni padhi kaalala paatu pin chesi ...frame kattukoni intlo kooda pettukovachu.  well done ronith bro..

[JingBang]

Loan teskundamu India lo ani decide aithe its better u take it for fewer years if possible bhayya. Ala aithe overall katte interest thaguthadi. Monthly payments ekva avthay but banks ki u will give away less money. For example 8 yrs ki 45 lakhs loan teskunte around 15 l interest kadthav overall ga. Monthly payments around 85k. 8 years lo there is a chance that ne property will fetch u more than that. Of course anni chance games a anuko.

[ronitreddy]

7 hours ago, MAYURI_BPO said:

thanks brother ... good info

Anytime brother

[ronitreddy]

6 hours ago, icecreamZ said:

 eee post ni padhi kaalala paatu pin chesi ...frame kattukoni intlo kooda pettukovachu.  well done ronith bro..

LOL..I dun remember Oka 2-3 yrs back anukunta .. oka post lo inka detailed ga raasa.. 😊

[coca-cola]

[ronitreddy]

Just now, coca-cola said:

Enti brother..loong time no c