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The Ranveer Show
How Rich Indians Become Richer - Flats, Land Buying & Profits | Real Estate Masterclass | TRS
Oct 7, 2024
Ajitesh Korupolu, Founder & CEO of ASBL, provides valuable insights on real estate investment trends in India. He emphasizes why buying a house in your 30s may not be the best financial decision and discusses the power of Real Estate Investment Trusts (REITs). Ajitesh dives into the importance of real estate technology, the impacts of Vastu, and navigating the industry's corruption. He also highlights the emotional aspects of home ownership and offers advice for young entrepreneurs looking to innovate in the real estate sector.
01:28:55
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Quick takeaways
- Investing in real estate in your 30s can be lucrative, but gaining knowledge in your 20s is crucial for future success.
- Real Estate Investment Trusts (REITs) offer accessible entry points into real estate, allowing investment with as little as 500 rupees.
Deep dives
The Importance of Real Estate Investment
Real estate is a significant component of wealth creation, especially among the richest individuals in India. Many affluent people prioritize real estate investments as a stable source of income. For instance, a plot purchased in 1987 for 87,000 rupees could yield a staggering 97 lakhs today, exemplifying the substantial potential returns in the real estate market. This illustrates that while other investment types are understood well by the public, real estate remains a field of opportunity that many overlook.
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