Naveen_Reloaded
Galvanizer
Indian Stock Market and Mutual Funds
- Thread starter anmolbhard004
- Start date
burntwingzZz
Innovator
if i recollect that you are from maybe pune .i would also recommend buying property over there near maan malunghe/chandhai or any area not flats but plot and build a house. it will appreciate and wont plateau out
My wife has a flat in charholi, under-construction. to be delivered next year. How is that area.
nRiTeCh
Oracle
Properties in pune is extremely over-hyped in fact here everything is hyped. Mumbai is way affordable tbh at least for transport, food & groceries. Even property rates are at par given the status of Mumbai but pune is just a copy-cat of Mumbai or wannabe be mumbai nothing else. Would better invest in Nasik or Nagpur!
Bargaining is next to zero here. Dumb city dumb people the rule here is you cannot bargain.. So no but one property is sufficient here!
burntwingzZz
Innovator
look i am not from pune , but i did visit pune to look at properties with a sole purpose of investment .there are it companies and upcoming it parks .multiple non it industries too are cropping up all in all looks good . But pricing is 20 lakh more .if you see at their sales pitch , we have centralized Ro treatment plant , provision of inverter in the couse , metro is coming and evening traffic in Hinjewadi is chaos.
if you are buying on loan and the term is less the apartment and your age too is depreciating and much newer properties coming up ( pune doesnt have land issue availability) so your flat value will plateau or might start depreciating from a certain high and you are getting near retirement . i prefer a expensive house which is built well and you can retire peacefully there and no society repair issues ,society chaos .if you want to paint your house you paint if you don't let it rot.
Emperor
Juggernaut
before buying land, beware of Land Mafia's & LOCAL People, if you ignore this point, your land may be with you ON PAPER only.
burntwingzZz
Innovator
exactly .thats why a house on plot of land would give you more authencity and additionally tax exemption
Only valid upto decisions of business-politico nexus.
If "they" decide you don't deserve certain %age of profit, you won't get it. btw, 'pennies' don't count.
Abject reality, which varies by percentage depending on place to place.
burntwingzZz
Innovator
that's why i dropped the plan. but i am still much interested on row house duplexes of lohegaon / and maybe pirangut areas @nRiTeCh whats you take on that . i am aware that those localities do have some water supply issues but i think over the time that will get sorted.
biggest red flag in pune is multi storey towers , developers claiming we have centralized ro treatment plant for the whole society , we have dedicated space for UPS /inverter in your flat. So two of the basic needs are fkdup. I think pune even the new areas suffer from load shedding and you are willing to pay up to 70-80 for a flat and you don't even own a piece of land utter non-sense.
un- necessary amenities like swimming pool etc which requires additional maintenance /security gardens is unnecessary . just have a play ground and maybe BulK ev charging station.
Don't count on it in any part of the country. Water situation is only going to get worst in future because no political party has water/air/climate in their priority list & unless elections are fought & won on them there is no hope.
Emperor
Juggernaut
In Mumbai also, if you wish to buy flat etc., buy up to Dahisar only (Actual BMC Limit i.e. Brihanmumbai Municipal Corporation), do not dare to save money and go between Mira-Road to Virar.
- Mira-Bhayandar Municipal Corporation (MBMC) it may sound matching with BMC but mind it.. it's NOT BMC
- Water crises is there in Mira-Bhayander to Virar and Load shading of electricity is there between Naigaon to Virar ... forget about area after that
- No Electricity Load shading or cut-off in Mira-Bhayandar (thanks to Adani Electricity)
- No Scarcity of water inside flat as maximum flats from Mira-Bhayandar to Virar keep leaking water either from upper flat or from Rain, too much water leakage issue in this region due to poor/cheap building material quality.
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kartikoli
Innovator
This is not a time to invest in anycase so wait for some stabilization, my current smallcase value is 10% overall loss and got an email from fund manager that wait for the correction before making any move there will be new opportunities and some stocks might be dropped.
Have been using them for a few years. Recommended.
Has anyone taken a loan against mutual funds? Since I am fully invested, I want a credit line for emergencies. My question is, how complex is the process of removing the lien once I am done.
guys I bought hero motocorp for sh quota you can also buy for upcoming herofincorp ipo
thanks looking into it.
Its fairly straightforward but check with the finance providers. I have used mirae asset financial services and have had a smooth experience in the past. Lien is removed automatically once the loan is closed.
Thanks. That is reassuring. Even I was thinking of Mirae Asset (looks like they have increased the rate from 9 to 10.5
)I am assuming you are asking about Smallcase.
Considering their main offering is 'one click' investing, I doubt. You can, however, talk to the fund manager. My smallcase manager says he is willing to work with people whose brokerage firms are not supported by smallcase.
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gokul.ece22
Forerunner
Anyone from TE holding this stock?
Share name: ELCID Investments
If you have bought this share for 1 lakh few weeks before, you would have 640 crores now.
from 3 rupees to 2.5 lakhs is unbelievable. This is now the costliest stock in India surpassing MRF.
Share name: ELCID Investments
If you have bought this share for 1 lakh few weeks before, you would have 640 crores now.
from 3 rupees to 2.5 lakhs is unbelievable. This is now the costliest stock in India surpassing MRF.
This needs to be bought by when? Also HDFC Bank is needed for hdb finance IPO right? Please mention the dates within which these need to be in demat