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- Hi Rahul
Appreciate your point of view. However it may make a good idea to spread your investments rather than remaining focussed in one area. Hence property investment makes a good option.
You may observe from my other post that still there is no response to my post: https://www.indianrealestateforum.com/forum/city-forums/bangalore-real-estate/44871-have-you-come-across-anyone-whose-property-has-depreciated-over-a-time-frame-of-over-5-to-10-years?t=46662CommentQuote0Flag
Lots of people have lost money on Real estate and this is a fact. The irony is no one comes and shares the bad news. Infact they spread the bad news as good news so that more people become victims.
People have lost money in illegal properties, revenue lands, co=operative societies and to unscrupulous builders. RE is the most dangerous asset class in India to invest.
Here are some examples
Himagiri group - Himagiri Meadows - Builder cheating buyers
MAHAVEER GROUP - BANGALORE Reviews, MAHAVEER GROUP - BANGALORE India, Online, Service,
there are many more if you can search.
Even delays in projects cause people to lose money. Some of the leading developers have delivered projects after 5-6 years. Losses in pre emi, rents along with Emis etc have been huge.
So to say that since no one has responded to you thread means that no one has lost money in RE is a little far fetched.CommentQuote0Flag
- So then the options remain Gold, MF, Stocks, SIPs, PPF excluding RE. Bank FDs, should they be considered a risk free fixed appreciation instrument? Or its a waste to keep money in the FDs (i.e. if you can take some risk) and put it in another instrument.CommentQuote0Flag
- Yes appreciate your point of view where people would have got stuck in bad projects. Infact this is where selecting a good developer is key to reduce your risk as pointed in my post: https://www.indianrealestateforum.com/forum/city-forums/bangalore-real-estate/44426-how-to-balance-roi-v-s-risk?t=46225CommentQuote0Flag