Why This Investor Doesn’t Keep His Money in India | Currency, Taxes & More | Paritosh Mukhija, FWS87

"and it's projected that over the coming 15 years it'll grow from 4 million to it can reach up to 8 million almost doubling the population"

"Now do you know how much is the same house worth? Now that same house is worth nearly 5.5. Right. So it's grown like more than uh around 60% in the last 2 years itself."

"And if I go back to 2020 when the prices really uh fell at that time the price even fell to around uh 2 million dhams right so going from two to 5.5 so which is nearly three times right so that's how prices have grown so much"

"because you said that generating 15 to 16% capital appreciation is possible here uh in dirhams"

"So if you invest in the right property, it'll it'll uh gain 50 60% over this time frame. And because you've made these scattered payments, right, it's not very difficult to get let's say 10 to 12% uh annual rate of uh return through this"

"So if you are invested in this property for this particular period you'll make the most gains. So basically 2 years before handover and then maybe a year after is where I see the maximum growth in the value."

"if you could get something which is close to the op plus 2% op plus 3% if you can come in let's say 18 months before the handover because that's where the steep growth happens that's the greatest time to enter"

"So the property value right now is let's say 3.6 63.7 CR and you can take uh 60% out of it, Right? That's almost 1.8 CR out. No, I'm saying 60%. Right? Of 3.6 now of 3.6, right? Or let's let's round the figures for for ease of purpose, right? So the property value you entered at 2.5 CR. The property value is let's say 3.5 CR in a good property. That's very much achievable, right? And now you can take out 60% of 3.5 CR. 60% of 35CR it's 2.1 CR."

"So what's happened ultimately is that now the money that you have invested in the property it only remains 40 lakhs. your money in the property it's only 40 lakhs and you have a property which is worth 3.5 CR right and that this 2.5 one cr you have taken out and you can do whatever you want with it right you uh have this property 3.5 CR you and you are getting um uh a a a rental from this as we discussed the rental it's uh 25 lakhs as well and the interest that you'll have because your mortgage is around 2C CR. So the in or the the amount that you'll pay in the first year it will be around let's say 4%. So 4% of 2CR it's uh it's 10 lakhs. So 10 lakhs you will pay to pay off your EMIs and the interest and still you are making 25 lakhs as the rent. So 15 lakhs you still gain"

"in Dubai it's very uh it's it's easy to get a 60% mortgage right in some cases you can even get 80% mortgage. Let's say 60% mortgage. How does how that works? The property value is you've put 2.4 before CR of your money, right? And idly speaking, you have gotten in like just two years before, right? Because you got something at almost the launch price, right? And typically if you invest in a good property, it can gain 40 to 50% on the overall price"

"if I take a a property on a 80% mortgage I can buy a 2 million dirham property I pay from my pocket 400,000 dhams and 1.6 6 millions will be funded by the by by the bank"

"So on your investment of 300,000 dirhams if this property just increases 20% over the next 2 years it goes from 1.5 to 1.8 8 then you would have made a gain of 300,000 dham on on your equity invested of 300,000 dirham. So 100%"

"Is it a tier one, tier two developer? the ta developers are the likes of Imar Nil uh Miras."

"So 6% is uh you are getting as rent and only 4% you're paying. So there's significant delta right?"

"villas and town houses are supposedly like more resilient compared to one bedrooms which there are so many in the country."

"But when you're selling it, so typically buyers do pay this 2%, but when you're selling it, the you don't have to pay neither the 4% fee nor the 2%, right? So when you're selling it, it's the cost to you is almost 0%."

"when you are buying a property for 1 million, there will be typically a 6% transaction fee associated with it. Uh 4% for the Dubai land department and 2% that you pay to the agent who is facilitating the deal."