Real estate prices are rarely rational! It is just that there is not enough information available in a well organized manner, and people are resistant to change. Take a city like Mumbai. It is impossible to set up a barber… Read more

Dharni…I bought this house for Rs. 42 lakhs about 8 years ago now it is worth Rs. 80 lakhs…It has almost doubled. So Dharni using your Rule of 72…I have got a 9% return..this is fantastic is it not? In… Read more

The role of a regulator is more like a traffic policeman rather than like an investigative policeman. The traffic police makes rules: – only persons above 18 should drive – a 2 wheeler rider and his pillion should wear a… Read more

Every business has to have an office. Preferably in Mumbai or New Delhi. This could of course be rented, but many of them prefer to buy it. They need CAs, advertising agencies, car hire companies, and zillions of other service… Read more

Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. –… Read more

I have handled this question many times, and have come out with similar answers. However here are some questions which are IRRELEVANT …. 1. How much has the house appreciated by: Many people write in to say ‘I paid Rs…. Read more

If you believe that all bubbles are created by RATIONAL reasons and causes taken to IRRATIONAL HEIGHTS, welcome to the post. Is Mumbai real estate terribly high and unaffordable? Yes. Let us come to some RATIONAL reasons why people buy:… Read more

Let us take a real life case and see what is to be done when you have a lump-sum amount. Should you repay the loan amount or should you Invest that money? The sad part is YOU need to take… Read more

With real estate in a boom over the past few years, one thought that crosses peoples mind is to use ‘Home Equity’ as a Retirement Plan. Good idea? Feels so. At least at this juncture, however like all assets it… Read more

n 2003 a young MBA joined a big bank…..and when he joined there was a big cabin which was kept vacant. When he asked he was told ‘Mr. Risk’ sits there, he has gone on leave. The whole of 2003… Read more