tag:blogger.com,1999:blog-5839774355411682018.post2688442342806072347..comments2023-10-10T14:31:34.819+05:30Comments on Wealth management: Here is an investment opportunity for my readersRaja Sekharanhttp://www.blogger.com/profile/16417456660673681357noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5839774355411682018.post-24374824234081426922013-03-14T11:47:52.985+05:302013-03-14T11:47:52.985+05:30Ankit - You are right - getting a BDA plot is like...Ankit - You are right - getting a BDA plot is like a lottery. <br />But there are lot of BDA plots available for resale - just look at Times of India classified on Sunday and you will see lots of BDA plots for sale.Raja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-45181749529574382782013-03-08T23:12:10.864+05:302013-03-08T23:12:10.864+05:30Sir, First of all thanks a lot for sharing all the...Sir, First of all thanks a lot for sharing all these experiences and information. Surely helps me a lot.<br /><br />What I would like to ask is, are buying plots from BDA easy? Arent there any lottery system or some other way, because i would assume that a lot of people would be interested to buy them, so how is the demand and supply met? <br /><br />Buying a plot/Flat from Delhi Dev Assc (dda) is nt easy. They do it through lottery system, if i am not mistaken so depends a lot on luck.<br /><br />AnkitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-60019146527134643872013-03-08T12:19:27.798+05:302013-03-08T12:19:27.798+05:30Prashanth - you are right on one respect - if some...Prashanth - you are right on one respect - if someone had taken loans like this and invested in let's say equities - I would not have approved of it. <br />Here the investment was in urban land - done by BDA in Bangalore - in my view, urban lands, that are legally clean and in good locations will give 15% appreciation per annum - there is almost a zero risk of the value going down (unless you have bought it at a high price by mistake). having said this, there will always be exceptions to this rule. So even though I do not approve of high leverages - this case is unique and farly low on risk.Raja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-22134609354399530122013-03-07T23:02:42.155+05:302013-03-07T23:02:42.155+05:30Sir the example what you have mentioned is exiciti...Sir the example what you have mentioned is exiciting as you have talken only about postive aspects. I mean suppose what would have been his fate if real estate boom has gone for toss and prices have came down?? dont you think its too risk in this case that he borrowed and invested? Why am mentioning this point is, its not wise to invest beyond your capacity and that too on high rist investments. Will you buy my point? correct me if am wrong. Thanks Prasanth Anonymoushttps://www.blogger.com/profile/08763020587490623550noreply@blogger.com