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Anonymous

Hey I am on Medial • 1y

How can I reach ₹1 Cr by the time I'm 30? Help a total noob out! I'm 23, single, and earning around ₹18 LPA, living in the pricey city of Bangalore. Here’s my current monthly breakdown: Rent: ₹20K Food, groceries, and paying house help: ₹10K Swiggy

Himesh Jain

Chasing for infinity • 1y

Bangalore interesting so here's an idea Get a loan and Buy a flat worth around 70lac to 1 cr and invest around 20 lac from your side Now put it on rent avg rent can be from 20k to 30k or around 2.5lac to 3lac revenue per annum and about the bank loan let's assume a interest rate of 9% so for a flat of 80 lac you have taken a loan of 60lac you have to pay around 76k every month that is 25k from rent and 50k from your side in 10 years the loan will be settled and u have a flat worth more than 1 cr

1 Reply

Replies (1)

Anonymous

Hey I am on Medial • 1y

Woww crazy!

1 Reply

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Anonymous

Hey I am on Medial • 1y

1. House worth 1 Cr (fully paid) + Car 20 Lac + Equity 10 Lac 2. House on rent + Car 20 Lac + Equity 1Cr Which one would you like to choose/make and why?

Option 1

Option 2

Votes: 98

6 Replies

Anonymous
•

YES BANK • 3m

How is owning a flat on loan and renting it out? The emi would be less than the rent and I’ll have to pay nothing from my pocket. After 5 years, I’ll sell it out.

1 Reply

Pushpender Verma

Looking for VC fundi... • 5m

Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner. Location - Lucknow loan Amount - Upto 5 Lac Rate of Interest - 24% - 30% Type - Home Loan / Loan Against Property

1 Reply

Deepak Insa

Business Owner: Shee... • 10m

I need around 1 CR to implement my Idea, I have plan ready. I am open for loan, partners.

7 Replies

Mahendra Lochhab

Content creator • 2m

B2B marketplace unicorn OfBusiness has raked in INR 100 Cr (around $11.7 Mn) from Cornerstone Ventures

1 Reply

Prashant Kamble

Hey I am on Medial • 7m

*Required loan amount 5.50 Cr* *Agricultural ploting at village Hurnas( Bhor) *Total Area 73 Acer *Seling price launching period 15 lac per acer after that 20 lac per acer *MOU Agreement done with farmers *Total agreement 8.80cr *Need funds for a

Deepak Insa

Business Owner: Shee... • 10m

Is there a way to get loans for buying goods around 1 Cr?

1 Reply

M shah

Hey I am on Medial • 6m

hi everyone I need invester or financer meraa ek restaurant hy rent pe leke chalara tha 5 sall se ab my ek land liya ho 1.5 CR me 3 sall pahle ab uspe restore or lodge banana chahra my khud se 75 lakh lagaya or 1.5 CR ka zaroorat hy agar koi investme

Anonymous

Hey I am on Medial • 1y

Even in India 1 Cr+ houses are lying empty. We have a housing crisis. A lot of NRIs buy in India and then keep the flat vacant. Somebody should solve for these empty flats.

2 Replies

Aman Verma

BIT'Mesra Undergrad|... • 11m

I just passed 12th this and failed jee with that also scored 67% in 12th Now I am stuck where to take admission for BTech CS and also don't want to take drop. Budget is around 1.5 lac for year (by loan only) Please suggest me and if possible let

14 Replies