Indian Politics and Internal News

[ST1976]

I have a former colleague who moved back and she landed a $350k package for India - frankly, she was living a good life here but in India she is now royalty

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

 

[Vikramaditya1]

They will become future business incubators, investing their resources in new ventures and scaling up through their connections. Just like China, the Indians will be minting new millionaires.

Or splurge all that in some property in Mumbai or Delhi. Pay exorbitant tax for all that only to be stuck in Bangalore traffic for half the time.

 

[Guru Dutt]

Or splurge all that in some property in Mumbai or Delhi. Pay exorbitant tax for all that only to be stuck in Bangalore traffic for half the time.

thats right it took me almost 3.5 hours from Kormangla to Airport T2 even on sunday while in worst rush time it takes no more than 1.5 hours from con Palce to IGI T3

baki parking rates are almost same at both air ports

 

[ST1976]

List of ethnic groups in the United States by household income - Wikipedia

en.wikipedia.org

Ancestry By Country Region​

Ancestry Population 2022[91][90]
​

South Asians 6,268,769
East Asians 6,258,943
Southeast Asians 7,780,461

Demographics of Asian Americans - Wikipedia

Demographics of Asian Americans - Wikipedia

en.wikipedia.org

 

[kambhakt]

Economy has been absolutely shit all over the world especially in India. It has been so much of a mess that official unemployment figures have stopped coming out of India.

India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ

India's urban unemployment rate stayed steady at 6.6 per cent in Q1 FY25, unchanged from Q1 FY24, according to a government survey. The Labour Force Participation Rate rose to 50.1 per cent. Notably, the Worker Population Ratio improved to 46.8 per cent, underscoring a positive trend in...

economictimes.indiatimes.com

 

[Guynextdoor]

I have a former colleague who moved back and she landed a $350k package for India - frankly, she was living a good life here but in India she is now royalty

That's about 3.5 Crore. @AjayGhatak with a similar package and a big stretch maybe she could park herself at the Prestige Golfshire. Not an architectural womder unfortunately but very big and barbacue, private simming pool and Golf views! to wine and dine and schmmoze boss and client!!

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But I won't go for Golfshire. I am humble man who belives in Simple Living and High Thinking so maybe Sobha City is better for me

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[Guru Dutt]

That's about 3.5 Crore. @AjayGhatak with a similar package and a big stretch maybe she could park herself at the Prestige Golfshire. Not an architectural womder unfortunately but very big and barbacue, private simming pool and Golf views! to wine and dine and schmmoze boss and client!!

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But I won't go for Golfshire. I am humble man who belives in Simple Living and High Thinking so maybe Sobha City is better for me

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This Golfshire place are they really giving those Villas for 3.6 crore well even if its 80Km from Main Banglore city its not expensive i have a property with prestige in banglore but are you sure its 3.6 Crore my news its almost around 5.3-6

 

[Guynextdoor]

This Golfshire place are they really giving those Villas for 3.6 crore well even if its 80Km from Main Banglore city its not expensive i have a property with prestige in banglore but are you sure its 3.6 Crore my news its almost around 5.3-6

Golfshire's 10 to 15 crores. I never said she could buy with one year's salary. That never happens. But with a stretch, 20 year Home Loan etc. she can manage. But I guess you get lifetime access to the Golf course- that's waaayyyy more difficult to get than people imagine. Right now waiting time for Bangalore golf course is 7 to 8 years I believe- if you're lucky.

I think this one (below)might come for 3.5 to 4 crore

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This one is probably 6 or 7 crore (maybe lesser I think)

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[Guynextdoor]

thats right it took me almost 3.5 hours from Kormangla to Airport T2 even on sunday while in worst rush time it takes no more than 1.5 hours from con Palce to IGI T3

baki parking rates are almost same at both air ports

I haven't been on it but I believe there's a new road that circles around and make things easier.

 

[Guru Dutt]

Golfshire's 10 to 15 crores. I never said she could buy with one year's salary. That never happens. But with a stretch, 20 year Home Loan etc. she can manage. But I guess you get lifetime access to the Golf course- that's waaayyyy more difficult to get than people imagine. Right now waiting time for Bangalore golf course is 7 to 8 years I believe- if you're lucky.

I think this one (below)might come for 3.5 to 4 crore

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This one is probably 6 or 7 crore (maybe lesser I think)

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well i thought so ..... well better buy a slammer property in Banglore city or if near new delhi then Gurgaon sec 82 or near new upcoming airport in jhewar

 

[Guynextdoor]

well i thought so ..... well better buy a slammer property in Banglore city or if near new delhi then Gurgaon sec 82 or near new upcoming airport in jhewar

Golfshire is great if you're a 'C' level exec. It's not a 'home'. It gives you multi-millionaire neighbors, golf course to wine and dine your C level friends, attached JW Marriot and so on. It's 10 mins from the Airport and has the harrow school (yes, the UK school has an extension) nearby. And great view of Nandi hills.

If your just a normal 'middle class' or 'upper middle class' guy looking for a nice place for family then this is not the place for you. TE should be your stretch goal.

PGS is actually a nice place if you have the cash.

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This is harrow- very close to PGS and Embassy Bulevard

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[AjayGhatak]

I have a former colleague who moved back and she landed a $350k package for India - frankly, she was living a good life here but in India she is now royalty

I did that arithmatic quite a few times actually. I earn in that range, mostly in equity. The reality is this : You can buy a rolls royce or merc or tesla in India but you will never be able to buy a road or a traffic decent enough to drive in it. You can buy the most beautiful home but you can never buy clean air.

 

[AjayGhatak]

That's about 3.5 Crore. @AjayGhatak with a similar package and a big stretch maybe she could park herself at the Prestige Golfshire. Not an architectural womder unfortunately but very big and barbacue, private simming pool and Golf views! to wine and dine and schmmoze boss and client!!

So lets say she lives in Prestige Golfshire, if she needs to travel to Jayanagar even every other day thats how much of drive? Google map shows 50 KM. Wonderful.

Here is even more wonderful part. The nearest non-descript hospital to that "Golfshire" is minimum 10 KM. Colombia Asia, Rajaji Nagar, admittedly the best hospital in Bengaluru is 44 KM.

Thats like a different city distance.

I do wonder if they have a helipad in Golfshire. Given the distance and the kind of people they want to attract, they should build one. Take a helicopter ride from airport. Too bad not all offices in bangalore have a helipad on the roof top. Infact most dont.

This is the prime example of unplanned development and why it should be avoided like plague.

 

[AjayGhatak]

has the harrow school (yes, the UK school has an extension)

Common sense : If you want your kid to have UK education, would it not make more sense to move to UK itself? Why try to have a cheap Indian imitation? Move to UK and be done with it.

 

[Guynextdoor]

Common sense : If you want your kid to have UK education, would it not make more sense to move to UK itself? Why try to have a cheap Indian imitation? Move to UK and be done with it.

Easy to explain. With 3 million USD (say about 30 crore), I can work out how you can live your whole life as an extremely rich man in India with plenty to grow left. ven if you don't have any further income. Max in UK will be 'upper middle class'

my split-

Risk free monthly income- 10 crore in life annuities- good players like HDFC, SBI etc. give about 70k per month for 1 Cr till death. Means 7 lakhs per month for my income.

10 crore in high end real estate- I would pick up Embassy boulevard. Keep it for life to live king size.

10 crore left for equity investments or other riskier invisemnt .

My car- Taigun or Good mid range high end car like Skoda Slivia/ Superb

If I don't earn a single penny I would still be set up for life. Not possible in UK. And Harrow in UK is reserved only for elites. You won't get admission there. Bangalore is your only chance.

As for the rest, Bng is not static and is constantly growing. A MASSIVE metro is taking a lot of people off the roads and is running full. Roads are being built everywhere. With time things will ease.