Is it the RIGHT Time to BUY a HOUSE? | Money Matters Ep. 25 | Ankur Warikoo Hindi
Published: 2024-08-31
Status:
Available
|
Analyzed
Published: 2024-08-31
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
An investment of Rs. 15-16 lakhs from SIPs, combined with cash and FD, will allow for a Rs. 20 lakh down payment for a house in 10 years.
"So, you will get around 15 to 16 lakh rupees from your investment. By adding cash and FD, it will become 20 lakhs. And you should be able to then get to a point where you can give this 20 lakh rupees down payment. This will be at the time period of 10 years from now."
Pending
A house currently worth Rs. 80 lakhs, growing at 6% annually, will be worth Rs. 95 lakhs in nine years, requiring a Rs. 20 lakh down payment.
"And if we assume that it will grow at 6% every year, then after nine years, this house will be worth around 95 lakhs and its down payment will then be around 20 lakh rupees."
Pending
By 10 years from now, current SIPs will yield Rs. 8 lakhs, and new SIPs (Rs. 25,000 split into Nifty 50, Mid Cap, Small Cap) for 8 years will yield Rs. 45 lakhs, totaling Rs. 63 lakhs for a house purchase.
"Let's take that if we buy a house after 10 years, then after 10 years, okay and I am just coming up with another option, first of all your current SIP which you are doing right now, of around 11000, let's take what will happen to it, 12 per annum, that will give you around 8 lakhs, your new SIP which I told you is of 25000, now for a period of 8 years, we should definitely break it into that 25000 More risky once because in 8 years we may be ready to take more risk. Not at all in 3 years, but in 8 years, yes. So, if I have to do this SIP of Rs 25,000, I will break it into three SIPs - one of Rs 12,500 which is Nifty 50, one of Rs 7,500 which is mid-cap and one of Rs 5,000 which is small-cap. Let's see what difference it makes. You will get a total of Rs 45 lakh from the new SIP. So, you will have a total of around Rs 63 lakh within 8 years."
Pending
A house currently worth Rs. 80 lakhs, growing at 6% annually, will be worth approximately Rs. 1.27 crore after 8 years.
"Now let's see that the house you want to buy, which is worth Rs 80 lakh today, how much will it be worth after 8 years? If it grows at Rs 6 per cent, then this is on an average real estate growth rate. You should have this house at around Rs 1.27 crore."
Pending
Investing Rs. 25,000 for 20 years at a 12% annual return can lead to a retirement corpus of Rs. 2.5 crore.
"And if you start investing that Rs 25,000 at the age of 38, when you would buy your house and your parents would retire, then you can move them in and all that, etc. You will still have near 20 years before you retire to see and build your retirement corpus and Rs 2.5 crore. If you invest for 20 years, even at a reasonable amount. But if I give you a rough idea that at Rs 12, if you invest for 20 years, you will have Rs 2.5 crore."
Pending
In 9 years, investments worth Rs. 1.10 crore can contribute to a down payment for a house worth Rs. 1.35 crore, resulting in a loan of Rs. 25 lakhs and an EMI of Rs. 20,000.
"If you wait for 9 years, the value of your investment will be 1 crore 10 lakhs. If the value of the house is 1 crore 35 lakhs, then you will have to take a loan of only 25 lakhs and its EMI will be only 20,000."
Pending
In 6 years, investments worth Rs. 57 lakhs can contribute to a down payment for a house worth Rs. 1.13 crore, resulting in a loan of Rs. 57 lakhs and an EMI of Rs. 46,000.
"If you wait for 6 years, the value of your investment will be around 57 lakhs. If the value of the house is around 1 crore 13 lakhs, then you will have to take a loan of around 57 lakhs and your EMI will be around 46,000."
Pending
An SIP of Rs. 35,000 for one year is projected to yield Rs. 2.2 lakhs, which is considered a difficult but potentially guaranteed return for a short tenure.
"So, this is the calculation, roughly if you do an SIP of Rs 35,000, then after a year you will have Rs 22 lakh, this will be very difficult because not a very big investment in a year If the tenure is short, then such a level of guarantee is rarely available in a year."
Pending
For a house worth Rs. 95 lakhs, a loan of Rs. 70-73 lakhs would result in a monthly EMI of approximately Rs. 57,000.
"But if we can estimate and the value of the house is around 95 lakhs, then you will have to take a loan of around 70-73 lakhs and its EMI will be around 57,000 per month."
Pending
The stock market is currently overvalued, and a correction is possible next year; therefore, investments should be made for the long term to achieve returns.
"The market is very hot right now, so correction is quite possible in the next year. And so, invest only for a long period. You will get that return."
Pending
The net post-tax return from investing in the stock market (Nifty 50) is projected to be 10.5%, which is more than double the post-tax return from FD.
"So if you compare FD post tax at 4.8 and 10.5 stock market post tax, double the return is more than double."
Pending
The Nifty 50 is expected to provide an average return of 12-13% over the long term. After accounting for a 12.5% tax on gains, the net post-tax return is estimated to be 10.5%.
"Which on an average gives 12 to 13 over a long period of time. On that 12, if you pay tax on 12.5, then tax will be levied on 1.44 roughly or let's take it at 1.5, which means you will still have 10.5 as your net return post tax."
Pending
The value of a house currently priced at ₹80 lakhs is predicted to reach approximately ₹95 lakhs in 9 years, assuming a 6% annual growth rate.
"And if we assume that it will grow at 6% every year, then after nine years, this house will be worth around 95 lakhs"
Pending
A house currently valued at ₹80 lakhs is projected to be worth approximately ₹1.27 crore in 8 years, assuming a 6% annual growth rate.
"If it grows at Rs 6 per cent, then this is on an average real estate growth rate. You should have this house at around Rs 1.27 crore."
Pending
A house currently valued at ₹80 lakhs is predicted to be worth approximately ₹1.35 crore in 9 years.
"If the value of the house is 1 crore 35 lakhs, then you will have to take a loan of only 25 lakhs and its EMI will be only 00."
Pending
An SIP of ₹25,000 per month, continued for 9 years, is projected to yield approximately ₹1.10 crore.
"If you wait for 9 years, the value of your investment will be 1 crore 10 lakhs."
Pending
An SIP of ₹25,000 per month for 8 years is expected to generate ₹45 lakh in returns from that specific SIP.
"You will get a total of Rs 45 lakh from the new SIP. So, you will have a total of around Rs 63 lakh within 8 years."
Pending
Investing ₹50,000 per month for 20 years at an assumed annual return of 12% is projected to grow to ₹2.5 crore.
"if I give you a rough idea that at ₹12, if you invest for 20 years, you will have ₹2.5 crore."
Pending
An SIP of ₹40,000 per month for 9 years is projected to yield approximately ₹1.10 crore.
"If the value of the house is 1 crore 35 lakhs, then you will have to take a loan of only 25 lakhs and its EMI will be only 00. So this is a map of three to six years. For three years, I would not go for it. According to me, if you wait for 5 years and keep doing an SIP of 0,000."
Pending
An SIP of ₹40,000 per month, continued for 6 years, is projected to grow to approximately ₹57 lakhs.
"If you wait for 6 years, the value of your investment will be around 57 lakhs."
Pending
An SIP of ₹40,000 per month for 1 year is projected to yield approximately ₹22 lakhs.
"roughly if you do an SIP of Rs 0000, then after a year you will have Rs 22 lakh"
Pending
An SIP of ₹25,000 per month for 9 years is projected to yield approximately ₹1.10 crore.
"If the value of the house is 1 crore 35 lakhs, then you will have to take a loan of only 25 lakhs and its EMI will be only 00. So this is a map of three to six years. For three years, I would not go for it. According to me, if you wait for 5 years and keep doing an SIP of 0,000."
Pending
An SIP of ₹25,000 per month, continued for 6 years, is projected to grow to approximately ₹57 lakhs.
"If you wait for 6 years, the value of your investment will be around 57 lakhs."
Pending
An SIP of ₹25,000 per month for 1 year is projected to yield approximately ₹22 lakhs.
"roughly if you do an SIP of Rs 0000, then after a year you will have Rs 22 lakh"
Pending
An existing SIP of ₹11,000 per month is projected to generate approximately ₹8 lakhs in returns over 8 years, assuming a 12% annual return.
"Your current SIP which you are doing right now, of around 11000, let's take what will happen to it, 12 per annum, that will give you around 8 lakhs"
Pending
An SIP of ₹11,000 per month is projected to generate approximately ₹5 lakhs over 9 years, assuming a 12% annual return.
"if you do a SIP of 000, which is again going to be at 12 per n year, this will give you around 1087 lakhs"
Pending
Combining existing and new SIPs totaling ₹25,000 per month for 8 years is projected to grow to approximately ₹63 lakhs.
"You will get a total of Rs 45 lakh from the new SIP. So, you will have a total of around Rs 63 lakh within 8 years."
Pending
Existing SIPs totaling ₹11,000 per month, combined with cash and FD, are estimated to reach ₹15-16 lakhs within 9 years.
"and if I look at the total value, the total value will come to around 15 to 16 lakh rupees. And by adding your cash and FD, you should be able to get the down payment amount."
Pending
The stock market is currently considered 'hot', and a correction is anticipated within the next year.
"And the market is very hot right now, so correction is quite possible in the next year."
Pending
The small-cap market is expected to experience a significant correction due to its high valuation.
"where small cap is definitely going to correct a lot because it has become very highly valued."
Pending