What happens when you get a job with a good package? Or receive an awesome hike in salary? Or receive a lump sum as retirement package from the employer? A default advice from friends /relatives would be to buy a home. For some this could be a first home which involves a lot of emotions…
Who on earth doesn’t dream of a beautiful home with family photos hanging on the walls painted in their favorite colors? It’s a valid dream that takes a lot of effort and planning to fulfill. One of the biggest mantras to make it happen is by saving and allowing savings grow. It is not advisable to…
OBJECTIVE The achievement and fulfillment of a Retirement “Vision’ is to make it a Holy “mission”, because as important is the objective, so important is also the means to achieve and fulfill the objective. In simple words, the objective of planning for retirement is to create a “Retirement Corpus/Fund” and the means to fulfill/achieve the…
Irrespective of our income levels, maintaining a personal budget of our expenses is an important step towards managing our money. A budget not only helps to plan our expenses but also provides us means to monitor to track our monthly cash outflows. For most of us, the entire concept of drawing up a budget and…
Estate Planning is an important aspect of retirement planning. It is a way to protect and preserve one’s assets and legacy for the loved ones. Estate planning tools range from complex aspects like creating a trust for tax planning purpose to simple ones like making a will. Outlined here are four important facts about making…
Table of Contents Summary 1.Introduction 2. Methodology 3.Assumptions 4.Findings 4.1 Historical data of Real estate prices 4.2 Property Cost vs Rental Value 4.3 Down Payment 4.4 Area 4.5 Rent to Buy Ratio 4.6 Break Even Horizon 5 ArthaYantra Buy vs Rent Score (ABRSTM) 6. Other Important Numbers 7.Conclusion 8.Limitations and…
Table of Contents Summary 3 1. Introduction 6 2. Methodology 7 3. Assumptions 8 4. Findings 4.1 Historical data of Real estate prices 9 4.2 Property Cost vs Rental Value 10 4.3 Down Payment 12 4.4 Area 13 4.5 Rent to Buy Ratio 14 4.6 Break Even Horizon 15 5 ArthaYantra Buy vs Rent Score…
Table of Contents Summary 3 1.Introduction 6 2.Methodology 7 3.Assumptions 8 4.Findings 4.1 Historical data of Real estate prices 9 4.2 Property Cost vs Rental Value 10 4.3 Down Payment 12 4.4 Area 13 4.5 Rent to Buy Ratio 14 4.6 Break Even Horizon 15 5 ArthaYantra Buy vs Rent Score (ABRSTM) 17 6.Other Important…
Table of Contents Summary 3 1. Introduction 6 2. Methodology 7 3.Assumptions 8 4. Findings 4.1 Historical data of Real estate prices 9 4.2 Property Cost vs Rental Value 10 4.3 Down Payment 12 4.4 Area 13 4.5 Rent to Buy Ratio 14 4.6 Break Even Horizon 15 5 ArthaYantra Buy vs Rent Score (ABRSTM)…
Property cost vs Rental Value: The Residential Property prices in Old Mahabalipuram and Porur are not being translated to their rental value. Though the average residential property values of Tambaram is higher than Old Mahabalipuram Road by 16%, the average rental value is less by nearly 32%. The same case goes with Chromepet and Porur.…