A major flaw in this guy's calculation is estimate regarding cost of house at Rs 30 lakhs that too after 60 months. With the realestate prices increasing many times in a span of few months especially in metros, the whole calculation will go hay wire.
Re: Financial Planning Process
by Yippie on Apr 23, 2010 05:05 PM
@commonsense.
Did he informed u that he was buying house in slum or how did u arrive to a conclusion that real estate price is have only upward move might be he will having it in Rs 10 lakh.