myEMISaver

Some people are in a hurry to clear off their home loan. This is the cheapest money you will ever raise in your life!!!. If you can even make market returns in the next few decades or even more returns in your business, you will be better off keeping the loan and using the tax advantages. Don't let fear mongers ruin this math for you. I learnt it late in life but taking a home loan was the best decision i took. 1. It helped in double check on property docs 2. Helps in discipline of setting aside payments 3. Taxation advantages 4. The leverage can help in case your timing also was luckily right. 5. As you grow in life EMIs will appear smaller in context over the years.

And people will say this is AI 😂

A house that costs 1Cr today Will cost 3Cr in a few years. Why? because the price of things go up when there is speculation on assets. Builders in India found a new way to turn Real Estate into a speculative asset. - Buy under construction - Link a payment plan - Ease the EMI - Lock you for the next 20 years They make you buy, promising that: "Price of a flat never really falls". "If you buy today, you will be able to sell 3 months from now at X% returns". "We sold tower A at X, now we are selling tower B at 2X. You can do the same". This game people are understanding now. What they don't understand is: REITs is Real Estate on steroids. Think about it? a house/real estate owned by a REITs firm is an asset for it. They can add a PE multiple, which a builder can't. They of course would want to inflate the value of that asset. And, our entire corrupt system will support it. Financially ill-educated people, who have not even bought 1Rs of (REAL) Real Estate would tell you how "great" REITs are. Because these have found success in countries like US, UAE But, brother: laws function in those countries. Not in ours'-- especially when it comes to Real Estate How to save yourself from all this? Buy a (REAL) Real Estate.

Stalled homes in India’s Tier 1 cities Total: 430k Greater Noida: 75k Thane: 58k Gurgaon: 52k Noida: 41k Bangalore: 40k Mumbai: 38k Navi Mumbai: 28k Pune: 24k Kolkata: 24k Chennai: 22k Ghaziabad: 15k NCR and MMR account for almost 70% of stalled homes Source: Business Standard