₹25,000 vs ₹17,00,000 Rent House! ft. @rk.ravikewalramani

"you'll have to go further out of the city or further at the outskirts of the city there are still places in vikroli in mul in korar around that central line where you get an apartment a one-bedroom around 350 to 425 Square ft in the 90 95 75 9 around that anywhere between 80 to 1 CR"

"if you're looking for both then you are going to fall flat on your face because the rental yield in Mumbai is at 2 to 3% okay the capital appreciation the first years you want your property to increase by 20% every year yeah all right if you want to beat inflation of 5 to 8% you need bare minimum 20%"

"the first year at the time of registration and everything itself you're paying 5% in Stam Duty 6% in stamp Duty 5% in GST then you're paying additional charges so you're 7% is right there and then the first year's return that you are going to get of 15% is wiped away automatically in the government charges that you're going to pay so 15% of the value of the house is gone through registration charges and GST and all of that all additional charges that go in so I'm already negative"

"in a very conservative way you'll have to look at it that over a period of 5 years even on your one CR if you're making 1.5 crores you are in the positive now when you're trying to sell the property you also have to consider the capit 1 CR becoming 1.5 CR in how many years over a period of 3 to 4 years that's considered good that is considered reasonable so that's like a 15% growth in value yeah on an average is what you're looking at in real estate"

"so you're saying if you're not a karati don't even bother correct okay in Mumbai in Mumbai in Mumbai"

"how much would be the value of this house if I had to buy last transaction that happened over here was roughly about 2.5 crores"

"this is Pali Hill proper Pali Hill bandra 50 this will be the floor Lobby so typically if you see how the whole structure is done up they have this so beautiful The View over here I think I judged this property too soon imagine waking up in the morning coming here and just sitting over here and chilling with your cup of coffee okay so tell me tell me about 2.2 lakhs"

"2.2 lakhs my team has misguided me I am have to go and train them again okay what else what is this this is the one second bedroom this is the master bedroom this is technically should be the master bedroom because we got a bigger bathroom and a much done up bathroom where you have your marble flooring this is Italian marble flooring see I mean this is again a very nice area uh Gucci bed sheet nice guci and Louis Vuitton nice nice fall ceiling also done I can do this right do whatever makes you happy Mr H okay what sort of a person uh lives in a place like this which is I understand in bandra but 2.2 lakhs rent for a 2bk house what is the background of a person like this someone who wants to be in this location someone who wants to be in bandra wants the night life wants the social life of bandra they have their friends their family so what is the price of a very well done apartment in bandra for this kind of two two-bedroom if you want it completely done up in a brand new building we have uh you're looking in upwards of 3 lakh rupees"

"if I had to buy this house how much is it this you would be looking at around 65,000 rupees per square ft at least so 12 CR bare minimum 12 CR no no not 12 CR around 8 and a half 9 CR 8 and a half 9 CR"

"the value of that property which you just saw roughly about uh 3,150 ft is the information which has been provided m multiply that by around 60,000 Rupees per square ft which comes up to around 18.5 crores"

"the monthly rent over here is at 17 lakhs"

"if I had to buy this property how much would it be uh I would say the starting price would be roughly about 40 crores 40 crores 4 Z like $5 million"

"this is hardwood flooring this is nothing fake this is pure wood all right now this is centrally air conditioned you have internet of things you have this beautiful view of the sea you have roughly about 12 ft of internal height"

"you see those windows on the top yeah all right those will automatically open up in case of a fire so all the smoke that gets collected goes all the way out and you have enough time to run to the nearest Refuge floor"

"how much is a toilet like this cost one and about one lak for a toilet yeah one lak and about"

"there are roughly about 200 billionaires in the country okay out of which four of them own an apartment in this building"

"Terrace adds 25% value wow now if this was just a balcony it would add 10% to 8% to 10% of the value"

"you're telling me that one house in a slum over there is one CR correct because the land value is so expensive correct why don't they just sell it and become a rich person in some other City why when they get a building when that entire patch of land is going to become that's called an SRA all right when that's what is s slum Rehabilitation all right that's a slum area when the government comes a developer comes that roughly about whatever three and a half 4 acre of land parcel once that gets redeveloped these guys are going to have a separate House of their own so from this level they will go to this level and then that's the view they're going to have what do you think is going to be the value once they have that view from the 20th 30th floor so they're going to make them a separate building to will move into correct and then that value of that will be much more than probably 5x so they're going to become millionaires"

"this building that you see over here this one yeah the one which is in octagon shape has the tallest building of the country it's called P Royal that's going to become the tallest building in the country no it is currently the tallest building of the country"

"these are also going to be Apartments there are Apartments 100 crores each 100 CR each yeah"