The Ranveer Show How Rich Indians Become Richer - Flats, Land Buying & Profits | Real Estate Masterclass | TRS
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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.
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Real Estate Dominates Global Wealth
- Real estate holds 82% of the $330 trillion global asset value, making it the largest asset class worldwide.
- Bill Gates and many of India's richest have significant wealth locked in real estate investments.
Invest in Real Estate After 30s
- Start playing the real estate investing game in your 30s when financially stable, not in your 20s.
- Gather knowledge for 2-3 years before investing to avoid costly mistakes due to high entry barriers.
Leverage Amplifies Real Estate Returns
- Leverage in real estate means using bank loans to buy property, amplifying returns on equity invested.
- With 15% equity and 85% loan, one can earn an 18% internal rate of return over 4 years.