People who invested in real estate, how's it going?

My dad bought a BDA approved site in 2003 for 2 Lacs. Now it's valued around 1.25Cr

A friend and I bought a plot of 10,000 sq.ft in a villa society on Sarjapur Road for about ₹3000 per sq.ft in 2023. We registered it separately! Govt announced Outer Ring Road project and its proposed to pass right outside the society and now price has shot up to ₹6500-7000 sq.ft. Investment more than doubled in under 2 years!

Dad bought a flat in 2014 located within 2kms of a shopping mall in Bhopal,MP for 32lkh rupees, sold that in 2024 for 29 lakh rupees (took loss in emi intrest also)

Bought 1 plot in Kota,RJ in 2008-9 era, the scheme got infested with "undesirable caste people" plummeting the resale value by 50% he sold, couple years later some local political gunda types got hold of 5-6 plots in same scheme shooed away those "undesirable caste people" and prices shooted up 3x.

Highlighted the losses, he made some money in other RE but now when we looks back, it ain't worth the hassle.

Not all RE appreciates. It's definitely not suitable for regular salaried folks as investment.

Am not rich enough to "invest" in RE. But did purchase 1 for living. So i can sense the headache one will get by investing in RE.

best time was 2002-2008.Now the market is saturated with apartments of all sixes and ranges. Not that RE will no longer give returns, but it will be skewed. One are will offer higher returns than another within a walkable distance in the city. What ever is the property price add 20% more for registration, taxes, bribes, commissions, entry fees, lawyer fee, bank loan fee etc.. and then comes the repair, rework, painting if it is a second hand property.

Unless one has a way to convert black money or deploy black money in other assets from the sale of property, there will be little returns. With indexation removed, the odds of having returns is even less.

Luxury/premium apartment- the real luxury apartments not like the "lake view apartments" in BLR, will have better returns. the rest , are going down the drain. When an investment/opportunity is marketed to general public, its no longer an investment.

1. Time of investment 2023 - end
2. Outcomes - Flat prices from that time. Govt not making infra developments which the builder said will be done in a year or two
3. Opinions - Buy only if you are going to stay. Don't invest for incomes. Taxes are gonna rip up soon
4. Challenges - - Every builder lies. Don't belive a single world of their be it the biggest one or small one. Better to buy ready to move in.
5. Pros - Fam happy, Wife happy.
6. Advise - Buy only of you have 50% downpayment. The job uncertainty and loans kill you slowly.they are more dangerous than AQI. It's a painstaking process to shortlist. Broker/ Sales haunt you to give up your number. Your number is sold for peanuts to loan agents and interior people who will just keep spamming.

Purchased a plot in a Layout in my city for around 6L per cent in 2021. Now it's valued at around 10L per cent due to development of that layout. Purchased it for long term so not interested in selling it for now. No plans for constructing a house also. Since it's part of a layout, buying it is relatively safer than buying from a random person.

Challenges I faced is that home loan will be given for max 80% of the property value, so remaining u have to have saved up + stamp paper etc needs extra amount. I closed the loan in 3 years so as to not pay extra interest, but then I had hardly any savings left and also was worried about job loss / switch during this period

Booked a 1 BHK flat in 2023 for 40L. Resale value now is at least 50L. I’m satisfied.

Why not just buy REITs?

Brought a resale flat in Bangalore North in 2023. Currently appreciated by 15%. Planning to live for next 10 years. Waiting for metro to make it 50%. Was sick of paying rent and brokerage.