tag:blogger.com,1999:blog-5839774355411682018.post4299696129172494832..comments2023-10-10T14:31:34.819+05:30Comments on Wealth management: Prestige Lakeside - How to make 63 lacs profits by investing 38 lacs in 4 yearsRaja Sekharanhttp://www.blogger.com/profile/16417456660673681357noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-5839774355411682018.post-17287626818169031522013-11-06T04:21:17.676+05:302013-11-06T04:21:17.676+05:30Niraj - if you want to exit - you must exit before...Niraj - if you want to exit - you must exit before the registration - the duties here in Bangalore are around 10-11%. <br /><br />On the Short term capital gains tax front - I agree, you will need to pay tax on the profits madeRaja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-20128859568015544482013-11-05T21:18:36.720+05:302013-11-05T21:18:36.720+05:30Hi Sir,
I am not sure if you have already conside...Hi Sir,<br /><br />I am not sure if you have already considered stamp duty + registration + vat + service tax + short term capital gains into consideration.<br />Assuming 6% stamp duty , 1% registration, 1% VAT, 3.09% service tax and 10% of short term capital gains, XIRR is changing to 8.4%<br />Nirajhttps://www.blogger.com/profile/01839069391594591315noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-80109281608031001362013-11-05T18:19:05.749+05:302013-11-05T18:19:05.749+05:30Forecasting is not exact science - there is a bit ...Forecasting is not exact science - there is a bit of gut feel and experience that helps - the basis of this is as follows - a similar property by prestige called Shantiniketan was launched by prestige 10 years back - it was launched at Rs1845 psft - which then was a very high price - today 10 years hence the same property is selling for Rs. 6500 psft. <br />In 4 years at 10% inflation (compounded) the current price of Rs 5000 psft would go up to Rs 7320. Beyond Inflation the other factors that will take it up is the quality of community that it will create ( it will be a good set of 3500-40000 families residing here), also the quality of design that Prestige is well known for will make it a premium property. I do believe that these factors will take it concervatively to Rs 9000 psft - but as I said, forecasts like these come from gut and not from some kind of excel sheetRaja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-3051891214058092932013-11-04T00:59:19.596+05:302013-11-04T00:59:19.596+05:30Hello Sir,
Real simple maths. Thanks a lot. I woul...Hello Sir,<br />Real simple maths. Thanks a lot. I would like to understand on what basis do you think that the appreciation would be 9000 per sqft. ?<br />Liberated Soulhttps://www.blogger.com/profile/12210752779688709278noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-28089917332542974252013-10-28T10:23:17.974+05:302013-10-28T10:23:17.974+05:30No, other than you can make this so simpler to und...No, other than you can make this so simpler to understand.Anonymoushttps://www.blogger.com/profile/11608647052885221513noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-78150221209034556352013-10-27T19:31:16.343+05:302013-10-27T19:31:16.343+05:30As per my exploration (based on my talks with a pe...As per my exploration (based on my talks with a person from ICICI bank) we can't take a joint loan on commercial property. Even I am exploring options to buy a comercial property. Kindly share good potential areas.Mukesh Kohlihttps://www.blogger.com/profile/03101578334363658193noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-1066930692401788712013-10-27T19:27:43.527+05:302013-10-27T19:27:43.527+05:30Dear Sir,
I always followed your blog, even I wan...Dear Sir,<br /><br />I always followed your blog, even I want to invest in real estate but don't have any clue about the same. Kindly guide me! amitkumarshukla18https://www.blogger.com/profile/03115276319383544611noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-29901593214518589822013-10-27T06:21:38.700+05:302013-10-27T06:21:38.700+05:30Sankar -good approach -one surely needs to make ...Sankar -good approach -one surely needs to make any transaction as Tax efficient as possible and also see the ROI post tax and not pre tax.<br />There are standard ways to manage the tax in real estate capital gains - one is to reinvest the capital gains in another property and just take the principle home ( I prefer this option) - other is through depositing the money in 5 year bonds (which I am not in favour of). There are ways of making it tax efficient - any CA can help.Raja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-60378166160999219782013-10-27T06:17:25.302+05:302013-10-27T06:17:25.302+05:30Rajesh - an investment of 1.54 cr and getting an a...Rajesh - an investment of 1.54 cr and getting an annual rent of 16.2 lacs - this is a perfect commercial property scenario -can you call me at 98452 63000 - I would like to see the property and off course meet you as wellRaja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-7667987647883357002013-10-27T06:15:15.682+05:302013-10-27T06:15:15.682+05:30Sibi - I can understand your issue - Please write ...Sibi - I can understand your issue - Please write to me and share with me what is your current loan eligibility and how much can you afford to pay upfront and I will share some similar ideasRaja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-39647868958604486212013-10-27T06:13:23.566+05:302013-10-27T06:13:23.566+05:30Rajesh - please reach out to me at 98452 63000 -wi...Rajesh - please reach out to me at 98452 63000 -with the funds that you have shared, a two bedroom in Prestige Lakeside can be a reality. Godrej E-city is also a good project. Raja Sekharanhttps://www.blogger.com/profile/16417456660673681357noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-14599399269279871882013-10-26T20:28:05.725+05:302013-10-26T20:28:05.725+05:30@Rajesh we can't get loan for commercial prope...@Rajesh we can't get loan for commercial property @ homeloan rates of 10.5%. For commercial property interest rates will be above 15%Praveen Munagahttps://www.blogger.com/profile/06843759970329540511noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-55678804665471584322013-10-26T19:17:25.666+05:302013-10-26T19:17:25.666+05:30What about the tax on sale of property? What's...What about the tax on sale of property? What's the net % return post tax?Sankar Nhttps://www.blogger.com/profile/02975910388554612107noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-86186916128525168712013-10-26T13:23:28.448+05:302013-10-26T13:23:28.448+05:30I have seen one commercial space in kaggadasapura-...I have seen one commercial space in kaggadasapura-vignan nagar main road,Bangalore, area is 2700 sq ft, selling @5700/- per sq ft, on ground floor, near to State bank of India, location is good. expected rent is Rs 50 per sq ft. good for supermarket and bank. in this location commercial space available on 10% increment in rent on every year. as I am staying nearby and I think good investment to get rent and after 4-5 years rent will be same as bank loan EMI and even more. I am not eligible to get this much big loan alone. anyone interested then let me know.Rajeshhttps://www.blogger.com/profile/07348380880565865572noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-76775448554979826492013-10-26T13:08:26.741+05:302013-10-26T13:08:26.741+05:30The maths looks simple . But Down payment of Rs. 2...The maths looks simple . But Down payment of Rs. 20.6L and an EMIs of Rs. 37500 for next 4 Years is what gets the calculation all wrong. Sibi Johnhttps://www.blogger.com/profile/09349565703935796568noreply@blogger.comtag:blogger.com,1999:blog-5839774355411682018.post-79927193458087454622013-10-26T13:06:39.944+05:302013-10-26T13:06:39.944+05:30Good Recommendation Sir.
Sir, I have few other loa...Good Recommendation Sir.<br />Sir, I have few other loan and my current eligibilities for home loan is Rs 40 Lakh, and I can invest Rs 8 to 10 Lakh upfront. can you please suggest any property based on my eligibilities.<br />how is Godrej E-City Bangalore, there 2 BHK comes to Rs 40-45 lakh in current pre-launch offer. pre-launch offer price is 3800/- per sq ft.Rajeshhttps://www.blogger.com/profile/07348380880565865572noreply@blogger.com