A financial planner examines some of the myths related to buying a house in India

An excerpt from ‘If God Was Your Financial Planner’, by Suresh Sadagopan.

Sep 7, 2023 - 14:30
A financial planner examines some of the myths related to buying a house in India

When I reached home at six that evening, Madhu was surprised. She asked me how come I was back home so early. She quickly ran her hand over my temples and neck to see if I had a fever. She turned and looked at me quizzically. I simply said that I had had completed the tasks for the day and hence had turned in early.

I had an early dinner that night. My thoughts were turned to what had happened during the day, even though I had a book in my hand and was trying to read it.

I could hardly believe that I had been able to prevail upon Vishal and Preeti on a touchy subject like buying a house. The Lord has helped me here too, I thought. I had explained three of the myths of real estate. But there are many, and they are endemic. Almost everyone is in the grip of these myths, which is why people across the country invest heavily in properties.

As some other myths related to buying property came to my mind, I noted them down so that I would be able to relay them to others in the future. Here they are:

Myth one: We are truly happy...

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