Is it right to invest in real estate by taking home loan ? - Page 2 - Indian Real Estate Forum

anurag_k2003 · 18-08-10

seniors...pls advice about said topic as I am again tempted to go for a loan to invest in flat ....

Munish Malhautra · 19-08-10

Anurag,
There are quite a lot of threads going on and many posts which i have also given on similar topic. Quick answer is "NO". Quick solution is "wait and watch"

shambhuRE · 14-12-10

Anurag, go for it !!
Invest in RE. There is nothing like it.
I have experienced great returns. This is one thing, you buy and it's cost goes on increasing.

shambhuRE · 14-12-10

ibought my 1st home, at 4L, now it's more than 20L
2nd one for 13L, now 35L
3rd for 15,now 20
4th got 15, now 17
It's a great investment and keeps you rooted to your lifestyle. I mean as my pay went on incresing, i could have had a lavish lifestyle, but as i invested immediately, i remained with my life style, which is not bad either, i have a 2bhk for my little ones to plat hide and seek and a car to drive them whereever they want.
Can retire and live a peaceful life instead of slogging in this ruthless corporate life.

anurag_k2003 · 01-05-11

smbdy advised me that its a good strategy as u r locking the rate of flat at current levels so leveraging helps in longer run....what to say ?

Shiro · 01-05-11

Quote:

Originally Posted by shambhuRE

ibought my 1st home, at 4L, now it's more than 20L
2nd one for 13L, now 35L
3rd for 15,now 20
4th got 15, now 17
It's a great investment and keeps you rooted to your lifestyle. I mean as my pay went on incresing, i could have had a lavish lifestyle, but as i invested immediately, i remained with my life style, which is not bad either, i have a 2bhk for my little ones to plat hide and seek and a car to drive them whereever they want.
Can retire and live a peaceful life instead of slogging in this ruthless corporate life.

Sounds smart! Most of us service types do not think smartly about money. I sold a flat I had bought for 5 lakhs in a trans yamuna society for 18 lakhs some years ago. my reason for selling it was that I got tired of fixing the seepage from the floor above. The owner of the flat above lived out of town and it became very difficult to collaborate with him. Now, that same flat costs Rs 65 lakhs I am told. I regret it to this day. And I am glad to note that you are a corporate type and think like a businessman. Are you in sales?

anurag_k2003 · 02-05-11

Quote:

Originally Posted by anurag_khurana2003

smbdy advised me that its a good strategy as u r locking the rate of flat at current levels so leveraging helps in longer run....what to say ?

Seniors are requested to pl help

drsambu123 · 20-09-11

Quote:

Originally Posted by nifty001

its better to form a company of 3-4 people and book flat in the company name and pool money to buy on CLP...

many advantages think if you can !!!

Can u explain about company of 3-4 people. Whether we have to register as company? or join as group(friends)

18-08-10	#11
anurag_k2003 Member Join Date: Dec 2009 Posts: 255 My Mood: Thanks: 19 Thanked 3 Times in 3 Posts	hi seniors...pls advice about said topic as I am again tempted to go for a loan to invest in flat ....

19-08-10	#12
Munish Malhautra Veteran Member Join Date: May 2010 Location: India Posts: 2,665 My Mood: Thanks: 2 Thanked 31 Times in 26 Posts	Anurag, There are quite a lot of threads going on and many posts which i have also given on similar topic. Quick answer is "NO". Quick solution is "wait and watch" __________________ MM

01-05-11	#15
anurag_k2003 Member Join Date: Dec 2009 Posts: 255 My Mood: Thanks: 19 Thanked 3 Times in 3 Posts	taking home loan to invest smbdy advised me that its a good strategy as u r locking the rate of flat at current levels so leveraging helps in longer run....what to say ?

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14-12-10	#13
shambhuRE New Member Join Date: Dec 2010 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Anurag, go for it !! Invest in RE. There is nothing like it. I have experienced great returns. This is one thing, you buy and it's cost goes on increasing.