New Home / Place Buying / House
Architectural Digest - YouTube
Housing isn’t a great investment but for most people, it’s the best investment they will ever make because it’s the only asset they will leave alone and let compound for 10, 20, 30 years.
Questions
- Why people have false ceilings
Places/Place to live
Where on Earth Will People Live in the Future? | Parag Khanna | TED
20-30 degrees Celsius with no humidity throughout year i.e dry climate
Elevation / Altitude
One of the factor is Elevation
- 500 mtr+ is good weather like bangalore (964m), pune (565m), jagdalpur (570m), nainital (1990m)
- 300 mtr is bad - delhi (246m), dantewada (370m), ramnagar (388m)
As we increase elevation, there is less air above us thus the pressure decreases. As the pressure decreases, air molecules spread out further (i.e. air expands) and the temperature decreases.
As we go to higher altitudes, what happens to the temperature?
When we move up a hill, we notice a fall in temperature. This fall in temperature with elevation is primarily due to two reasons.
- With the increase in elevation, the atmospheric pressure falls. Fall in pressure implies that the temperature also falls (Pressure is directly proportional to Temperature and vice versa)
- With the increase in elevation, the concentration of greenhouse gases decreases (Water vapor and carbon dioxide fall sharply with elevation). Hence the heat absorption capacity of the atmosphere will also decrease.
why temperature decreases with altitude?
If heat rises, why does the temperature decrease at higher elevations? | Scientific American
Why does temperature decrease with increase in altitude? - Quora
Places
- Pune
- Bangalore
- Mysore
- Nashik
- Nainital (15-25)
- Shillong (15-25)
- Hyderabad - Planning to Buy a Flat in Hyderabad? Here Are Top trends of 2024 You Should Know - The 1% News
- Chandigarh
Which is the best city to live in North India? - Quora
Best cities in India with pleasant weather all year round | EconomicTimes
https://zolostays.com/blog/cities-with-best-weather-in-india
Want to Go Abroad? Immigration Advisor on Which Countries Are Preferable for Indians and Why
iVisa Plus: Free Standard Processing of Unlimited Travel Docs
Foreign
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Finland
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Norway
-
Denmark
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Switzerland (HNWIs)
-
Canada
-
Australia (HNWIs)
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UAE (HNWIs)
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New Zealand
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Portugal (invest less than 3 crore and be a citizen)
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Japan
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Temperature - 23-25 degree Celsius
-
Humidity - 30-50%
-
The Best Countries to Live in the World: Top-9 Places to Immigrate
- Singapore
- New Zealand
- Germany
- Spain
- Canada
- Austria
- Finland
-
4,300 millionaires may leave India this year. Here's where they are moving to
- UAE (Land Ownership)
- Top 5 affordable countries where Indians can buy citizenship
- Dominica - Rs 76,46,000
- St. Lucia - Rs 76,46,000
- Grenada - Rs 1,14,69,000
- Antigua and Barbuda - Rs 76,46,000
- Vanuatu - Rs 91,05,000
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India has taxes like Europe/England services like Somalia or any other African countries
Metrics
- Maximum life expectancy (if no accident or anything like that) vs life expectancy
- Population Density
- Spending on healthcare
- Taxes and generational tax / Property tax
- Quality of life index for new home and multiple indexes
- Total homicides, total crime index, total accidents
- Public transport
- Education
- Climate & Environmental protection
- Racism
- Economics - Job Market, Home Prices
- The Economist Democracy Index - Wikipedia
- HDI by UNDP
Renting
- Never ever buy a second hand AC
- Never get a top floor apartment
New Home
- Study Room / Office Room / GYM (2 desks for WFH - no bed or people or clutter in study room)
- Buy home in parents name, so can pay house rent and deduct HRA) / Housing / Condominiums
- Near beach & independent house with open areas and no humidity and no huge temperature variance (in a different country, with low income tax and high HDI, happiness index, low crime, low inequality, good education, no racism)
- https://www.thehindu.com/real-estate/the-occupancy-certificate-why-it-is-now-more-important-than-ever/article19294876.ece
- Natural Disaster area - earthquake, tsunami, hurricane, flood, drought, etc
- Global Seismic Hazard Map
- Don't buy a house more than 50 lakhs in India (1 crore house in america gives you a condo)
- In $300,000 (2.5 crore) you can get a 5 bedroom condo
- Buy home from bank auctions - auction property: Is it safe to buy auction property? Six things a buyer need to keep in mind - The Economic Times
- Property Tax
- Home stress testing and building testing via a third party engineer (ultrasound) - Chintan
- Reverse mortage
- Rent dresses
- We already have 3 homes (Dantewada, Bahadurgarh, Gurgaon)
- We don't have a scarcity of land in the world, we have too much land, land is cheap
- Investor's clinic / housing.com - India's biggest exclusive broker for property
- No floating interest
- Bank auction properties
- Folding beds
- Rent Aggrement
- Trash management
- Water bill
- Electricity meter (BSES) - Powercuts in area
- Gas connection
- Chimney point
- Induction cooktop over gas stove
- The Problem With Gas Stoves - YouTube
- Why don't Americans use electric kettles? - YouTube
- Gas stoves aren't really that fast - even standard electric is faster! - YouTube
- Electricity Backup (Inverter / DG (Diesel Generator))
- Security deposit
- Ventilators
- Fan / Cooler / AC / Geyser
- Maintenance fees
- Parking
- Floor - Lift?
- Internet / Network signal strength and call quality (Drop rate)
- In and out times / security
- Sound proofing between walls rooms and outside house (Noise Pollution Levels)
- RO / Water
- Ceremic filters are also good (doesn't require electricity / doesn't need Maintenance / no wastage of water / Cheap)
- https://www.livemint.com/Leisure/6IPqOAHPfAb4aLecr2U0vI/How-safe-is-your-water.html
- Big Wardrobes (storage)
- Sliding door better
- Add door plastic below adder so cold AC air doesn't leak from below door
Tools / Sites
- Facebook chapters
- MagicBricks
- 99acres
- nobroker
Priorities
- Double your salary and knowledge in next 2 years
- Budget - 25-40K
- Office traveling distance (max 30 mins)
- Park
- Society (high rise apartment), walkable
- Semi furnished (AC / Cupboard / Geyser)
- Sunlight
- Study room
Bathroom
- Check all tap and flush working or not
- Taps valves should not be round or circular opening, but that can be opened when the hand is wet or dirty, with elbows
Amneties
- Nearby Park
- Contemporary Clubhouse
- Multipurpose Banquet Hall
- Indoor Games Room
- Toddler's Play Area
- Amphitheatre
- Multipurpose Court
- Sit Out Zone
- Fully Equipped Air-Conditioned Gymnasium
- Adequate Multi-level Parking
Nearby
- Hospital
- CultFit
- Market / Mall
- Metro
- Look at Google Earth for surrounding things
- House Poor / house rich, cash poor - https://www.investopedia.com/terms/h/housepoor.asp
- Home lane for interior designing, for a home get a professional interior designer
- Rent
- Furniture rental furlenco
- Rentomojo
- Solar - Solar System for Home with 23% ROE - with Excel Calculation | Solar subsidy and utility | - YouTube
- Daily dump composter
- Not near airport, or noisy place
Thoughts
- Don't live in tier 2 cities
- Surround yourself with highly motivated and highly talented people
- Low Crime Rates
https://transferwise.com/au/blog/property-tax-in-india
Stamp duty in Delhi: Stamp duty in national capital Delhi is six per cent. Women buyers, on the other hand, have to pay only four per cent stamp duty.
https://freefincal.com/real-estate-investing-practical-aspects-retail-investors-should-keep-in-mind
New Flats
- > 3000 sq ft
- Running balcony
- carpet area / floor space / usable floor space
- Watch this before buying a FLAT | How to find fair market value of property - YouTube
- Carpet area / rera carpet area
- Built up area (10-15% more than carpet area)
- Super built up area - 20-50% more than built up area
- Why are Top Floor Apartments More Expensive? | Boom | Boom
- Asian paints smart care damp proof
Buying vs Renting Home
Unrecoverable cost of owning vs buying
Property Taxes, Maintenance costs, cost of capital
Take the value of the home that you are considering multiply by 5% and divide by 12
Never buy a home, don't buy a land too
- Land is not that scarce, world has too much land (Africa is 9 times of India)
- because house depreciates in value, but land appreciates in value
- land is a commodity, house is a consumer good
Links
- Arthayantra Buy Vs Rent Report
- https://www.etmoney.com/blog/buying-a-house-or-staying-on-rent-which-is-a-better-option
- BUY or RENT a House in 2021 | CA Rachana Ranade - YouTube
- 5 IMPORTANT Life Decisions you SHOULD take on an Excel Sheet | Ankur Warikoo Hindi
- Is BUYING a BETTER OPTION in 2023? | Buying vs Renting a house: 2023 edition | Ankur Warikoo Hindi - YouTube
- Home rent or buy? | Should you buy a house in 2024? - The final answer | - YouTube
Documents / Property Investing
Don't Invest in Property before checking 10 DOCUMENTS ft. @LegalSHOTS | Real Estate - YouTube
- Title document - Sale deed, gift deed, conveyance deed
- Channel document
- Encumbrance certificate (no existing loan on the document)
- Occupancy certificate
- Allotment letter
- Urban development tax receipt
- Car allotment letter
- No objection certificate (noc)
- Mutation letter
- Conversion certificate
The REAL Cost of Buying a House in Delhi/Gurgaon? - YouTube
Noida Property Market EXPOSED: How Builders are Trapping Investors - YouTube
- Builder transfer policy
- Property transfer
Climate resilient
WeltRisikoBericht - WeltRisikoIndex
Air pollution in Delhi reduces life expectancy by 10 years
Factors
- access to freshwater
- availability of food
- proximity to healthcare facilities
- withstand extreme weather events
- Areas that are less prone to extreme weather events, such as inland areas or regions at higher elevations, may be more resilient to climate change impacts than coastal regions or low-lying areas that are vulnerable to sea-level rise and flooding
India
- The Himalayan region: This region includes states like Uttarakhand, Himachal Pradesh, Sikkim, and Arunachal Pradesh, which are at higher elevations and have access to freshwater sources. These areas are also less prone to extreme weather events, such as cyclones and floods, that can impact coastal regions. Additionally, these states have a strong tradition of organic farming and have relatively better healthcare facilities compared to other parts of the country.
- The Deccan Plateau: This region covers a large part of central and southern India, including states like Maharashtra, Karnataka, Andhra Pradesh, and Telangana. This area is relatively more stable climatically and has access to groundwater sources. The Deccan Plateau is also known for its agriculture and food production, including the cultivation of crops such as rice, wheat, and pulses.
- The North-Eastern region: This region includes states like Assam, Meghalaya, and Nagaland and has access to water resources such as the Brahmaputra and Barak rivers. This region is less prone to extreme weather events, although some areas are prone to landslides and floods. Additionally, the region has a high biodiversity and a rich cultural heritage.
International
- Iceland, which is relatively less vulnerable to the impacts of climate change compared to many other countries. Iceland has a small population, abundant renewable energy resources, and access to freshwater. Additionally, Iceland has a strong focus on environmental conservation and sustainable practices, which have helped to mitigate the impacts of climate change in the country.
- Canada, which has a vast land area and diverse geography that may provide some resilience to climate change impacts. Canada has a relatively small population and abundant freshwater resources, which may be crucial as water scarcity becomes a more significant problem in other parts of the world. Additionally, Canada has taken steps to reduce greenhouse gas emissions and invest in renewable energy sources, which may help to mitigate the impacts of climate change.
Australia, New Zealand,and certain countries in Europe such as Germany or Denmark- Dubai - Moving to Dubai for Tax Free Crypto? Read Our Guide!
- Newzealand Japan Pacific ring of fire earthquake prone areas
The Best Citizenship in a New World Order - YouTube
Human Development Index - Wikipedia
Land
1 hectacre (2.47 acre) land to be self sufficient
1 acre = 4046 sq mtrs = 63.6 mtr x 63.6 mtr
A person feeding themselves a vegetarian diet would need about an acre of land a year. If they were to eat meat by raising chickens, goats and cows this would be 3 acres and above.
- How much land do you need to be self sufficient? - Self Sufficient Homesteading
- Land in India: Market price vs. fundamental value
- How To Buy Agricultural Land In Haryana | Agri Farming
- How to buy an Agricultural Land in India in 2023: Know laws, legal tips, eligibility
Taxation
- All About your Property Tax and How to Pay it Online
- What are the Land Ownership Laws in India?
- Property Tax in India - Defination, Types, & Calculation Formula
Loan
- hdfcfund.com/knowledge-stack/mf-vault/weekend-bytes/balancing-between-taking-home-loan-and-dipping-personal-reserves
- Loan - aavas financiers
- Variable interest rate mortgage loan
- https://economictimes.indiatimes.com/wealth/borrow/smart-use-of-home-loan-can-deliver-best-tax-saving-at-the-lowest-cost/articleshow/88402560.cms
- https://freefincal.com/when-should-i-get-a-home-loan-how-to-decide-this
Real Estate / Realty Market
- 8 misconceptions about Delhi NCR properties - Reasons why you should invest in Real Estate.
- Is Investing in Delhi Property Worth It? Uncovering the Pros and Cons
- Why Should You Buy Home If Rent Is Much Less Than Home Emi - YouTube
- Buying A Flat? Things That Your Real Estate Agent Won't Tell You - YouTube
- Things NO ONE Tells You About Owning a Flat in Mumbai - YouTube
- My Villa in GOA | Should you buy property in Goa? | Goa REAL ESTATE Market - YouTube
- Best रियल एस्टेट investment? -- दुकान, घर, प्लॉट या कृषि भूमि? - YouTube
- SaudaGhar - YouTube
- Bangalore VS Dehradun: Living on 50 Lakh+ - YouTube
- Are QIPs driving India’s realty sector?
Noida Market
- Inside an Ultra Luxury 17,000 sq ft Villa in Hyderabad (House Tour).
- Premium Luxury Apartments in Mohali between 1 to 2 Cr | Medallion & Marb...
- FOMO Market Exposed | New Launches Gurgaon
- Yamuna authority latest plot scheme | ये कागज रखें तैयार | Yeida plot la...
- Yamuna Expressway Authority New Plot Scheme 2024
- Yamuna Authority Plots: YEIDA Plot Scheme 2024 - Plots Near Jewar Airport
- Yeida Flats 2024 Realty:देखिये क्या हकीकत यमुना अथॉरिटी के सेक्टर 22D के...
- Plot v/s Apartment v/s Commercial | What Is Better?
- Addressing Short Term Real Estate Investors
- All Top Upcoming Projects | Real Estate | Noida | Ghaziabad
- Noida Sec 150 Overview | Discover The Darker side and Future Opportunities | Whitehat Realty - YouTube
Links
- Living
- home-house-building
- Best country for kids/primary education