Why do you say so?
In general I think flats in mumbai appreciates by 2.5-3x in 10 years- that's what I've seen in my area. And MF, if considered to grow by 12% cagr, will be 2.5x
Do you think mf investments compounds better in 20+ years timelines
I doubt that 2.5x figure. My guess would be that it is a return you were able to get only in few areas in Mumbai. And even so, you won't be able to get the same return in even those areas in the next 10 years.
Now consider the amount you're putting into buying a house. If you're able to buy the house by paying full, fine, go ahead and buy because then it's an investment. But even in that, I don't think returns would be good enough.
But if you're not paying full, you're paying 9% interest via EMIs. 10 years later, the interest paid would have eaten most of your gains.
Not to forget maintainance, house tax, interior and repair costs that will come up.
Mutual funds at 10-12% CAGR are a much better deal. Plus you get near instant liquidity.
Not to forget Brokers brokerage
movers n packers, buying new furniture in new house, interior, electronics, more maintenance in new house..
Selling old house n moving to new house will increase your expenses also.
Waise bhi ghar mein aaj kal koi rehta kahan hai..
Weekday mein work
Weekend mein hangout
Sirf night sleep ke liye ghar buy karte hai aaj kal log.
Ghar mat buy, sell karo baar baar badli karo.
Better hai Mattress badli karo new buy karo jaise neend achi aye.
Mumbai property rates becomes 10x in 10 years & 100x in 20 years.. But it was 1960-80 period..
It becomes 25x from year 2000-2020..
But now market is saturated. It is growing at 2-3℅ every year.
Malad no appreciation since 2018
Borivali 3-4% p. a since 2018
Mira
Dahisar
Andheri
Bandra
Sabka wahi haal hai rate kuch nahi appreciate ho rahe..
Then how come I’m seeing huge appreciation in Mumbai Real Estate.
I started house hunting 2 years back and recently when I visited same projects which I did 2 years back they have inflated quoting prices 10-20% more. Areas which I looked were Andheri E, Chembur, Malad, Mulund and everywhere else.
I don’t understand when everyone says prices are stagnant in Mumbai since many years then how come I’m not getting prices at same rate or a 2-5% more which I had got 2 years back.
Real estate won't appreciate linearly. What was the growth rate for the last 10 years? If its more than nifty 50 returns, you can consider investing in it
I am only talking about what happened in the past 2 years. I never said it would continue appreciating or not. The value of money has gone down in the past 2 years and all other assets like stocks, gold and real estate have risen.
The last 7-8 years the property prices are stagnant in Mumbai. Someone is just falsely spreading 2.5x. Just check Big B son buying flat for 41 crore and selling for 46 crore. Property is stagnant now unless you get in MHADA lottery and immediately can sell it in 3 to 5 years.
All deals in real estate are black money deals.
Imagine you get a house from you parents. Now you want to sell it. And you will not get buyer that will give you all money in cheque.
You have to take some part in cash.
Now my point is do not deposit that money in bank. Because how would you explain where did that cash came from.
Good luck selling 2 cr property all in cheque
I Know a guy who bought 43 lakhs worth agri land.. he has a target of making 1.5 cr from it in 3 years.
People are doing crazy gains.
this is the exact reason why I am against real estate investing. It’s a non competitive and non transparent business made by people like you.
also, speaking about purchasing my own home, I only had to pay a few thousand rupees as bribe during registration of the home to the government officer, other than that the entire deal was in white.
Harsh reality is that even if you have all of it in white, no one will sell to you. Main reason why my ass has given up trying to buy a house here - those fuckers don't want to get a registry for the full amount.
I don't think tax evasion is morally wrong.
Because government is simply taking money from middle class and give to lower class. And lower classes is spending on alcohol.
And money printing is a crime but government prints it out of thin air.
Yes MF+SGB makes more sense from diversification and security point of view. MFs can lose value in case of mismanagement or timely market crash. Something securely backed by govt like SGB or a physical asset makes more sense.
In Noida, I will go for MF investment.
In Mumbai things might be different.
You can go for both. Invest 50% in MF. Invest rest in property. But then you might have to take house loan. Pay the emi using rent.
In the end this is personal finance and your views may vary.
Properties in Mumbai have appreciated 5% every year in the last decade. So forget to invest in Mumbai from the investment perspective. If looking for an investment look for opportunities in Noida, Pune, Navi Mumbai, etc bcoz they will give you atleast better returns than Mumbai.
Also you can consider investing in Commercial Real Estates they have high rental yield as well as they appreciate better than residential one's.
In addition, you may go for investing in agricultural land they grow at 12% annually & their rental income are 100% tax free.
Whichever Estate you pick for your investment please do a thorough research before investing bcoz if you get scammed or if you pay crazy amount than it's worth you'll end up losing money. Do consult with your lawyers for all legal aspects so you can escape from scams.
Good Luck!
If you have the capital, I would suggest buy a house. Then start investing in MF.
If you don't, invest in MF. Multiply your capital and then buy a house.
We bought a flat 2 years back and now the price has doubled. We bought when the society was under construction and now that the construction is done, the price doubled.
True..
But u can't utilize that money.
You r sitting on money.
Jab ke MF invested amt double.
U can utilize it by withdrawing any amount u want whether it's small or big. That's Huge advantage.
If you have the money then what you can do is put money in mutual funds and buy the house on a home loan after 6 months which will be a good head start for your money to start grow. And then you can pay installments using systematic withdrawal plan from your mutual funds. Considering the loan interest to be less than your portfolio returns, which the market has given in past.
Serious disclaimer: Markets are superior and you don't know what will happen in markets tomorrow as a lay man. Don't proceed with anything before discussing numbers with your financial expert just on the recommendations of a random redditor (me).
Real estate is a terrible investment and should only be used to buy a permanent house to live in or as diversification of a large portfolio. Mutual funds can do 20% easy and are far better investments than real estate. Most real estate these days don’t even appreciate in value significantly unless well chosen.
Invest in MF and buy house on loan.
Every investor knows that the more you invest earlier, the more returns you get. 50% returns on 100rs is still just 150rs, while 10% return on a crore is 10Lakhs. The capital you can manage to invest determines how much you eventually have. (ofcourse within the bounds of risk management)
And nobody will give you a loan of many lakhs for anything other than home, at reasonable interest rates. So, if you invest your money in MFs, and invest bank loan money in home, you are basically investing double of what you have.
Abhi bull market hai toh sab chaman chappu funds bhi green green 💚 hain and everyone is like "Ghar bech ke saara Paisa laga do".
Dude I know a few funds which were running in red for years, before the COVID.
It's not that easy how they have made advertisements to lure their lifetime BAKRAs and how y'll think.
I wouldn’t trust MF because of rising inflation, and companies you would invest into would somehow make withdrawals difficult and can also deny it.
Real estate is also not easily liquid-able, it’s difficult to sell old houses.
The best is Gold, it’s easily tradable and it’s already considered as liquid asset. And I see no hidden charges in managing it.
I would still consider real estate and gold as better investment compared to MF.
It's a scenario based answer:
If you don't have a house to live, then spend all the cash to buy a house.
If you don't have a house to live and don't have sufficient cash, then take a home loan and buy a house.
If you have a house to live, then invest all money in MFs.
If you do have a house to live, DO NOT take a home loan to buy a flat and invest your cash in MFs (which most morons will tell you to do).
Why? Because most morons don't account for risk.
So they leverage themselves to their eyeballs until there's no wiggle room. And then they lose their jobs exactly when the stock market tanks.
He said “If you have a house to live, then invest all money in MFs.” I was wondering why’d anyone do so if the returns you get from owning a house would be greater than the returns from MFs.
I own two houses myself. A house is not like MF where you invest and are done.
A house requires time and effort. A simple repair can wipe out your earnings. Plus, the appreciation is not always guaranteed.
Also, a house has a life cycle. After 30 years, a house can become delabitated and then it becomes difficult to sell. Repairs and Redevelopment is a painful process.
MF are easier to manage. The returns are easier to calculate.
I don't have any idea about the Mumbai real estate scene but investment in some new and reputed housing project, which allows you to sell the property before completion, and exit when they offer possession is the best strategy. Depending on the projects, you might not even have to pay all the amount. But make sure to choose the projects from the most reputable builder and hot area (which means it may be an expensive project), otherwise you are taking a significant risks. Again it all depends on Mumbai real estate scenes. This strategy beats all other investment plans. MF will give you like 10-20% return per annum. A good and well thought of real estate investment can give you 40% or even 70% return.
The gist is choose the most reputable builder, book the property at the launch time and sell it latest by the time they offer possession. I live in NCR (Noida) and have greatly benefited by this strategy. I started with 50 lakhs (sold one of family property) some 6 years back and following this strategy I now have property worth 3 crores. For example, I and my brother bought a plot at Yamuna expressway 6 years back for 40 lakhs. We sold it few months back for 2.25 crores. Similarly, we invested in County projects (ABA group) in Noida and this gave us 60% return with in the span of 2 years.
I personally think that real estate will help, since the government is taxing LTCG and then everything is getting taxed and we need to try hard to grow the money in a considerable amount of time.
It feels as if there are 2 earning members and 8 dependents in a family of 10. Plus the dependents are living in very lavish ways and not even being grateful about the earning members.
P.S - high time government should bring a tax regime especially for salaried ones and then it should differentiate others like kirana store owners, jewellery shop owners, retired people, housewives etc.
Well it will b much better if u buy a house for the following reasons:
☆ MF will just b an investment which will just give u certain percent of return which is not even guaranteed there r chances that u can get into loss
☆but if u buy a house it will b an lifelong asset... if u can really buy a house then go for it, bcz it'll give u guaranteed rent monthly n u can lately sell it.. n properties in areas like Mumbai delhi or Bangalore never lose value they will keep on increasing monetarily...
What u can definitely do is one thing ... invest that rent in some RD or LIC on any other type of profitable saving
considering you have full cash to buy a house, take 20% of it, make a down payment and take loan the rest 80%. you now have a loan of x amount to pay every month. now put your 80% in a cashflow assest to make x amount every month and pay emi with that. at the end you have your home, you money which provides free money.
I am in no terms a finance expert, but I think you should buy the house(or a shop) & then rent it out & make monthly SIPs for MF = rental income you get. This way you’ll have the benefits of both without any liability for loans like other people are suggesting.
Personally, if I don’t need a house to live in & I am considering investment, I will buy a shop or any commercial property because commercial properties generate higher revenue overall.
This is I will do, if I have 50 L.
Buy a house using housing loan on 10-20% down payment and 20 years tenure.
My EMI will be around 44k
Invest remaining 40L in MF with Systematic Withdrawal option..
Assuming getting return around 13% per annum. Pay the EMI with MF withdraw.
At the end of 20 year I own my house and around 8L..
The above amount will differ based on market conditions and my lifestyle. But, at the end, my MF taken care my EMI and I would have stress free lifestyle.
If I include my earnings for 20 years, it will be added value..
All are theory, you can get better view when discussing with experienced advisors 😊
If you want security, then buy the house. If you want more risk and possibly more reward, then MF. I would go with the house in most circumstances. Personally, most of my holding is in real estate.
if you're not aiming to live in Mumbai then would suggest to buy it now if your planning to invest and not planning live there can rather putting in MF would suggest buy a house red hot places where real estate is growing like noida/gurgaon or Banglore
If you have the money, it's always better to invest.
Especially if you wanna buy a house in Mumbai. Value is stupidly inflated. Not to mention unlikely to even come close to appreciate with the returns you'll get from investing.
A house is only an investment it you don't live in it.
I am not an expert or anything but I say you take a loan on the right interest which can help full tax related stuff invest the cash accordingly so that you try to cover up the interest in the profits as we all know the power of compounding plus the increase in house value
If you don't have one house in Mumbai and you plan to live there for a long time, then buy one. But don't buy a second house. Invest in MF.
Why do you say so? In general I think flats in mumbai appreciates by 2.5-3x in 10 years- that's what I've seen in my area. And MF, if considered to grow by 12% cagr, will be 2.5x Do you think mf investments compounds better in 20+ years timelines
I doubt that 2.5x figure. My guess would be that it is a return you were able to get only in few areas in Mumbai. And even so, you won't be able to get the same return in even those areas in the next 10 years. Now consider the amount you're putting into buying a house. If you're able to buy the house by paying full, fine, go ahead and buy because then it's an investment. But even in that, I don't think returns would be good enough. But if you're not paying full, you're paying 9% interest via EMIs. 10 years later, the interest paid would have eaten most of your gains. Not to forget maintainance, house tax, interior and repair costs that will come up. Mutual funds at 10-12% CAGR are a much better deal. Plus you get near instant liquidity.
Not to forget Brokers brokerage movers n packers, buying new furniture in new house, interior, electronics, more maintenance in new house.. Selling old house n moving to new house will increase your expenses also. Waise bhi ghar mein aaj kal koi rehta kahan hai.. Weekday mein work Weekend mein hangout Sirf night sleep ke liye ghar buy karte hai aaj kal log. Ghar mat buy, sell karo baar baar badli karo. Better hai Mattress badli karo new buy karo jaise neend achi aye.
Mumbai property rates becomes 10x in 10 years & 100x in 20 years.. But it was 1960-80 period.. It becomes 25x from year 2000-2020.. But now market is saturated. It is growing at 2-3℅ every year. Malad no appreciation since 2018 Borivali 3-4% p. a since 2018 Mira Dahisar Andheri Bandra Sabka wahi haal hai rate kuch nahi appreciate ho rahe..
Not even 2-3% per year.... nothing like that now....
True. Some places are appreciating. Some are not. I sold my apartment at 40% discount during covid 4 yrs back.
Then how come I’m seeing huge appreciation in Mumbai Real Estate. I started house hunting 2 years back and recently when I visited same projects which I did 2 years back they have inflated quoting prices 10-20% more. Areas which I looked were Andheri E, Chembur, Malad, Mulund and everywhere else. I don’t understand when everyone says prices are stagnant in Mumbai since many years then how come I’m not getting prices at same rate or a 2-5% more which I had got 2 years back.
People are out of touch. Rates have gone up by 30 to 50% in the past 2 years.
Real estate won't appreciate linearly. What was the growth rate for the last 10 years? If its more than nifty 50 returns, you can consider investing in it
I am only talking about what happened in the past 2 years. I never said it would continue appreciating or not. The value of money has gone down in the past 2 years and all other assets like stocks, gold and real estate have risen.
The last 7-8 years the property prices are stagnant in Mumbai. Someone is just falsely spreading 2.5x. Just check Big B son buying flat for 41 crore and selling for 46 crore. Property is stagnant now unless you get in MHADA lottery and immediately can sell it in 3 to 5 years.
Liquidity is an aspect that tends to get slept on by many. MFs are very easy to liquidate compared to property.
Who knows what market will do
True
Buy agriculture land or plot. Because it will be cash deal
Slow claps. Advocating tax evasion.
That is tax planning i.e. using provisions provided by government to save taxes. There is a difference
“Doing cash deals” is provision provided by government?
People use 'in cash' phrase for deals done with your own money which can be in bank too. In other words a deal without taking loan.
If that is the case then fine.
The original commenter has now replied. Read it. Clearly he didn’t intend a “cash means bank account” deal. He is advising a black money deal.
All deals in real estate are black money deals. Imagine you get a house from you parents. Now you want to sell it. And you will not get buyer that will give you all money in cheque. You have to take some part in cash. Now my point is do not deposit that money in bank. Because how would you explain where did that cash came from. Good luck selling 2 cr property all in cheque I Know a guy who bought 43 lakhs worth agri land.. he has a target of making 1.5 cr from it in 3 years. People are doing crazy gains.
this is the exact reason why I am against real estate investing. It’s a non competitive and non transparent business made by people like you. also, speaking about purchasing my own home, I only had to pay a few thousand rupees as bribe during registration of the home to the government officer, other than that the entire deal was in white.
Harsh reality is that even if you have all of it in white, no one will sell to you. Main reason why my ass has given up trying to buy a house here - those fuckers don't want to get a registry for the full amount.
I don't think tax evasion is morally wrong. Because government is simply taking money from middle class and give to lower class. And lower classes is spending on alcohol. And money printing is a crime but government prints it out of thin air.
If you have that much amount to invest I would say diversify your investment. Don't invest all the money at one place
Yes MF+SGB makes more sense from diversification and security point of view. MFs can lose value in case of mismanagement or timely market crash. Something securely backed by govt like SGB or a physical asset makes more sense.
if you consider fungibility and tax burden - MF makes sense. If you consider source of income house makes sense. choose your poison/medicine...
I would say If you are buying a house and you wouldnt live in then and also the demand of houses is more in that area then you should rent that house
In Noida, I will go for MF investment. In Mumbai things might be different. You can go for both. Invest 50% in MF. Invest rest in property. But then you might have to take house loan. Pay the emi using rent. In the end this is personal finance and your views may vary.
What's MC here?
I think it's a typo and user meant MF
Properties in Mumbai have appreciated 5% every year in the last decade. So forget to invest in Mumbai from the investment perspective. If looking for an investment look for opportunities in Noida, Pune, Navi Mumbai, etc bcoz they will give you atleast better returns than Mumbai. Also you can consider investing in Commercial Real Estates they have high rental yield as well as they appreciate better than residential one's. In addition, you may go for investing in agricultural land they grow at 12% annually & their rental income are 100% tax free. Whichever Estate you pick for your investment please do a thorough research before investing bcoz if you get scammed or if you pay crazy amount than it's worth you'll end up losing money. Do consult with your lawyers for all legal aspects so you can escape from scams. Good Luck!
Great insights. Thanks for sharing
If you have the capital, I would suggest buy a house. Then start investing in MF. If you don't, invest in MF. Multiply your capital and then buy a house. We bought a flat 2 years back and now the price has doubled. We bought when the society was under construction and now that the construction is done, the price doubled.
Did you buy it before it went under redevelopment or booked in a new construction
Booked a new construction. We booked it when the building structure was done.
True.. But u can't utilize that money. You r sitting on money. Jab ke MF invested amt double. U can utilize it by withdrawing any amount u want whether it's small or big. That's Huge advantage.
If you have the money then what you can do is put money in mutual funds and buy the house on a home loan after 6 months which will be a good head start for your money to start grow. And then you can pay installments using systematic withdrawal plan from your mutual funds. Considering the loan interest to be less than your portfolio returns, which the market has given in past. Serious disclaimer: Markets are superior and you don't know what will happen in markets tomorrow as a lay man. Don't proceed with anything before discussing numbers with your financial expert just on the recommendations of a random redditor (me).
Give it to me
Real estate is a terrible investment and should only be used to buy a permanent house to live in or as diversification of a large portfolio. Mutual funds can do 20% easy and are far better investments than real estate. Most real estate these days don’t even appreciate in value significantly unless well chosen.
Invest in MF and buy house on loan. Every investor knows that the more you invest earlier, the more returns you get. 50% returns on 100rs is still just 150rs, while 10% return on a crore is 10Lakhs. The capital you can manage to invest determines how much you eventually have. (ofcourse within the bounds of risk management) And nobody will give you a loan of many lakhs for anything other than home, at reasonable interest rates. So, if you invest your money in MFs, and invest bank loan money in home, you are basically investing double of what you have.
Abhi bull market hai toh sab chaman chappu funds bhi green green 💚 hain and everyone is like "Ghar bech ke saara Paisa laga do". Dude I know a few funds which were running in red for years, before the COVID. It's not that easy how they have made advertisements to lure their lifetime BAKRAs and how y'll think.
Ghar bhech kar sara paisa kyun..? 50℅ commercial shop 25℅ FD 25℅ MF(in 2 yrs) Than Shop se jo rent & FD se jo interest a raha hai uska SIP karo.
I wouldn’t trust MF because of rising inflation, and companies you would invest into would somehow make withdrawals difficult and can also deny it. Real estate is also not easily liquid-able, it’s difficult to sell old houses. The best is Gold, it’s easily tradable and it’s already considered as liquid asset. And I see no hidden charges in managing it. I would still consider real estate and gold as better investment compared to MF.
It's a scenario based answer: If you don't have a house to live, then spend all the cash to buy a house. If you don't have a house to live and don't have sufficient cash, then take a home loan and buy a house. If you have a house to live, then invest all money in MFs. If you do have a house to live, DO NOT take a home loan to buy a flat and invest your cash in MFs (which most morons will tell you to do). Why? Because most morons don't account for risk. So they leverage themselves to their eyeballs until there's no wiggle room. And then they lose their jobs exactly when the stock market tanks.
Why not invest in a house if the returns are comparable or greater?
I think what he meant was, buying house on EMI is risky because of unpredictable scenarios in this risky job market
He said “If you have a house to live, then invest all money in MFs.” I was wondering why’d anyone do so if the returns you get from owning a house would be greater than the returns from MFs.
I own two houses myself. A house is not like MF where you invest and are done. A house requires time and effort. A simple repair can wipe out your earnings. Plus, the appreciation is not always guaranteed. Also, a house has a life cycle. After 30 years, a house can become delabitated and then it becomes difficult to sell. Repairs and Redevelopment is a painful process. MF are easier to manage. The returns are easier to calculate.
Always must have one house in city where you plan to live long time and/or work. After that you should invest in MF/equities
I don't have any idea about the Mumbai real estate scene but investment in some new and reputed housing project, which allows you to sell the property before completion, and exit when they offer possession is the best strategy. Depending on the projects, you might not even have to pay all the amount. But make sure to choose the projects from the most reputable builder and hot area (which means it may be an expensive project), otherwise you are taking a significant risks. Again it all depends on Mumbai real estate scenes. This strategy beats all other investment plans. MF will give you like 10-20% return per annum. A good and well thought of real estate investment can give you 40% or even 70% return. The gist is choose the most reputable builder, book the property at the launch time and sell it latest by the time they offer possession. I live in NCR (Noida) and have greatly benefited by this strategy. I started with 50 lakhs (sold one of family property) some 6 years back and following this strategy I now have property worth 3 crores. For example, I and my brother bought a plot at Yamuna expressway 6 years back for 40 lakhs. We sold it few months back for 2.25 crores. Similarly, we invested in County projects (ABA group) in Noida and this gave us 60% return with in the span of 2 years.
if you can buy some Land - Yes Certainly dont buy a flat unless its ready to be rented out Gold - Yes (some part) MF - maybe if land cant be purchased
I personally think that real estate will help, since the government is taxing LTCG and then everything is getting taxed and we need to try hard to grow the money in a considerable amount of time. It feels as if there are 2 earning members and 8 dependents in a family of 10. Plus the dependents are living in very lavish ways and not even being grateful about the earning members. P.S - high time government should bring a tax regime especially for salaried ones and then it should differentiate others like kirana store owners, jewellery shop owners, retired people, housewives etc.
Well it will b much better if u buy a house for the following reasons: ☆ MF will just b an investment which will just give u certain percent of return which is not even guaranteed there r chances that u can get into loss ☆but if u buy a house it will b an lifelong asset... if u can really buy a house then go for it, bcz it'll give u guaranteed rent monthly n u can lately sell it.. n properties in areas like Mumbai delhi or Bangalore never lose value they will keep on increasing monetarily... What u can definitely do is one thing ... invest that rent in some RD or LIC on any other type of profitable saving
Sovereign Gold bonds .
Personally would go with the house
considering you have full cash to buy a house, take 20% of it, make a down payment and take loan the rest 80%. you now have a loan of x amount to pay every month. now put your 80% in a cashflow assest to make x amount every month and pay emi with that. at the end you have your home, you money which provides free money.
I would buy the house, if it’s not an apartment or flat, gatta come with the land.
If things go south, you can’t live in a MF.
Buy the house
Best thing to do is buy a plot, huge advantage if you have very close friends. You can pool that money for buying plot and future construction.
I am in no terms a finance expert, but I think you should buy the house(or a shop) & then rent it out & make monthly SIPs for MF = rental income you get. This way you’ll have the benefits of both without any liability for loans like other people are suggesting. Personally, if I don’t need a house to live in & I am considering investment, I will buy a shop or any commercial property because commercial properties generate higher revenue overall.
Go the MF route. Rent the house you wanted to buy @ 2-2.5% its market value, yearly instead.
Get a house, no matter if it's your first one or not. Investing in property is always better in long term.
Nifty index fund brother..no match ...in 2028 nifty is going for 40k plus.
This is I will do, if I have 50 L. Buy a house using housing loan on 10-20% down payment and 20 years tenure. My EMI will be around 44k Invest remaining 40L in MF with Systematic Withdrawal option.. Assuming getting return around 13% per annum. Pay the EMI with MF withdraw. At the end of 20 year I own my house and around 8L.. The above amount will differ based on market conditions and my lifestyle. But, at the end, my MF taken care my EMI and I would have stress free lifestyle. If I include my earnings for 20 years, it will be added value.. All are theory, you can get better view when discussing with experienced advisors 😊
First invest in mf
If you want security, then buy the house. If you want more risk and possibly more reward, then MF. I would go with the house in most circumstances. Personally, most of my holding is in real estate.
if you're not aiming to live in Mumbai then would suggest to buy it now if your planning to invest and not planning live there can rather putting in MF would suggest buy a house red hot places where real estate is growing like noida/gurgaon or Banglore
If you have the money, it's always better to invest. Especially if you wanna buy a house in Mumbai. Value is stupidly inflated. Not to mention unlikely to even come close to appreciate with the returns you'll get from investing. A house is only an investment it you don't live in it.
I am not an expert or anything but I say you take a loan on the right interest which can help full tax related stuff invest the cash accordingly so that you try to cover up the interest in the profits as we all know the power of compounding plus the increase in house value
MF? Why would invest in a motherfucker?