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Hello All,
I had interviewed at Nagarro and cleared all the rounds, but since two weeks the HR is saying that there is a glitch in their hiring portal due to which there are not able to release the offer.
This is raising an alarm that I should join Nagarro or not.
Also, are there any good projects related to Java, microservices in Nagarro?
Hi fishes, how is PWc India ?
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Hi,
Due to poor work policy at Byjus My brother lost his job in just 6 months. He was a BDA and now he is currently looking for similar kind of roles in any organization.
Kindly help to assure him a position in the corporate again.
Skillset : Ms office, tally, leadsquared, Ameyo, sales, counselling of candidates
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I can suggest you cut down your parents and in-laws rent. Is it only the rent which costs 20k per month or does it include the total you spend for a month on your parents including groceries?
And why are both the parents dependent on you and your wife? Are they retired and do they spend lavishly?
It's literally hard just watching your expenses take 60% of your income. On top of that considering your home loan which will be huge, I do not think it's a wise decision. If you are planning on staying at the place you are buying, it should be okay. But just for investment purposes I do not think it's a wise decision. It's the same everywhere. Parents forcing their children to buy homes as an investment when the returns are really meagre nowadays.
PS: I'm from Coimbatore and married. I'm also in a crunch but not as bad as yours. I feel pretty bad for you TBH. Do DM me, so that we can probably cry over our problems 😅.
Age of father - 65
Mom 57
Having diabetes which is causing all the troubles
Apartment big No. I would recommend to buy a plot and build a small house. It will not cost you more than 60 and it is easy to dispose the asset in future. Apartment rate will not appreciate but the land value will definitely appreciate.
Build better cash flow instead of investing in a house right now. As an instrument of investment, rental yields are very very low and even appreciation in property is a game of chance. Don't take on an EMI unless you're earning at least 2.5x of the EMI amount. Should have a 30-40% disposable income left over after the EMI for investments and exigencies
I don't think you need to wait till 45. Like I said earlier, if you reach a point where 20% of income is your EMI, 40% is savings/investments and 40% is expenses, you can look at buying a home. This way you maintain your EMI as well as have disposable income to invest in various long term and short term instruments
Please try saving a bit more money each month.
Save a decent amount first and then buy house..
Pro
Invest money in liquidity like stocks amd mutual fund till ur age 35. Then think of buying house
Pro
Flat is not an asset. Its a liability. So buy when you have enough saving after giving atleast 30% of down payment
Try to reduce your expenses if possible..
Yes..but i can able to close one of my loan within 3 yrs and make the emi to come down to 55K per month..
I'm 26 single but even my situation is same. Purely on my own income
But one thing is I am free now without any debts...
This makes me more happier..
Now after buying home surely i need to pay debt atleast for 10-15 yrs..
And when I see after 15yrs I don't have liquidity in my hand..being in IT This make me more worries..
Do not buy flat/apartment.
Try to get a individual house little interior for around 60 to 70L max. I would say below 60L would be a good amount( 2BHK) Coimbatore has a lot of good places.
Since u have some money crunch, later as well you can resell.
You need to have 20% as downpayment.
4L is too low buddy. Try to have 10 to 15L atleast in hand, so u can't dig a hole at loan repayment much.
No home now... Make a good down payment , and then buy house
Don't buy now. Wait till u r 35-36 by then u will have more savings and can pay more downpayment there by reducing loan amount and interest amount.
I hope you have enough savings to buy 88lakh apartment. Never go for full loan. Banks will screw you up.
I heard many companies are coming to coimbatore...buy and live there for long term perspective...thank me after 5 years...
Banks won’t give you loan because banks first ask you to pay 25% self contribution towards home cost. So if flat costs 88L, bank will give you loan only if you pay atleast 10-12L from your pocket.
So anyway, no need to buy house as many suggested. Switch soon both of you, reduce expenses.
8.1%
Not a good idea to purchase a home of 88L with just 4L saving, that's not even enough for govt registration and other charges. You must have at least a minimum of 15-20% as saving of total house cost as there will be many other expenses as well and the bank doesn't give a 100% home loan. So, I will recommend to save some more money in the next 1-2 years and then decide about purchasing the home.
Watch akshat Shrivastava video if you should buy house or not
Try to search house for lease in Coimbatore. This will cut down your monthly expense on rent. Instead of getting apartment plan to invest in some land now. Build a duplex house in future where both you , your parents and inlaws can stay. Your rent will go for EMI.