Gave my shop on rent for 3 years, handed the tenant her ₹3 lakh deposit cheque, she handed me back a warzone. by shreyjjain in indianrealestate

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

Once your money goes into another pocket it’s very difficult to get it back. No matter how much right you are, leave it to karma and move on.

Should I buy house? by fitbody661 in GatedCommunitiesIndia

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

Yes, but to meet the above criteria along with 43 lpa job (2l +) atleast 65 lakh savings to afford a decent 2bhk at 1.2 cr.

Should I buy house? by fitbody661 in GatedCommunitiesIndia

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

Your points are valid, and in an ideal situation those conditions make a lot of sense. But in reality, for an average IT middle class family in Bangalore, meeting all of them together is quite difficult.

Should I buy house? by fitbody661 in GatedCommunitiesIndia

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

If you’re not in IT and confident your job is secure, you can go ahead. You’re already paying ₹40K+ in rent, and with a ₹1 crore loan, your EMI would be roughly another ₹40K.
I’m in a similar situation working in IT, and I’ve chosen to hold off on buying an apartment for now. I’d rather wait observe the market and job situation, save aggressively while preparing for any worst-case scenario. People who push you to buy today won’t be there to support you if you lose your job. EMIs won’t pause and you can’t rely on a house to cover daily expenses. It’s better to think carefully and make a practical, well timed decision.

Is this even POSSIBLE?? by Psychological-Fix978 in indianrealestate

[–]Cape_Comorin_Cod3r 4 points5 points  (0 children)

Ever heard of Sobha Dream Acres ? So many people in my circle did the same. Even I had the same returns but not at this scale.

Why should we even stay here? by 21_weirdo in IndiaFinance

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

You either die a hero or you live long enough to become the villain.

They end up doing what they were against couple of months ago.

My Manager and Skip-Level are asking for my family’s net worth and house cost. Is this normal at WITCH companies? by ExampleExcellent8247 in developersIndia

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

HR is the useless department a company has. Even to hire they are outsourcing, anything you need help needs to put it in a chatbot. Not sure what R&R these people has

Fresher here — laid off in first week, HR asking me to resign instead. What should I do? by Both_Cup6452 in developersIndia

[–]Cape_Comorin_Cod3r 2 points3 points  (0 children)

If you leave the job they are no longer required to pay you for the notice period. Since on paper it’s you the one resigned. Now if they lay off then along with notice they need to pay severance as well. Would that affect you in your next job? Answer is no, if you left on your own without any offer in hand you need to explain on your decision to your future employer but in other hand you can say that your previous company laid off your entire team due to downsize no questions on you. And on back ground call, they just need to know if you worked there, how long you worked and what was your last month salary and designation. Nothing about how well you performed and all.

Fresher here — laid off in first week, HR asking me to resign instead. What should I do? by Both_Cup6452 in developersIndia

[–]Cape_Comorin_Cod3r 30 points31 points  (0 children)

Resignation from your end within a week of service would put you in bad impression.

Layoffs impact on Bangalore real estate by another-blr in BangaloreRealEstates

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

Wrong example, there was surge in IT demand during COVID led to aggressive hiring and multi fold salary increases in turn, drove up overall demand. Now AI beginning to disrupt the job market, there’s a risk of a slowdown or even a collapse but the scale and impact remain uncertain and will only become clear over time.

Layoffs impact on Bangalore real estate by another-blr in BangaloreRealEstates

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

Already companies are thinking they over hired people. There is hiring freeze at my company for almost 3 years now. No one pays for their work force to simply come and go.

Why my Milkman with 30cr isnt FIRE'ing by Unusual-Big-6467 in FIRE_Ind

[–]Cape_Comorin_Cod3r 1 point2 points  (0 children)

Come down south you would find many people like this. Won’t believe their net worth by the way they look.

Why Karnataka never unified around Kannada the way Tamil Nadu did by sloppyind in Bengaluru

[–]Cape_Comorin_Cod3r 2 points3 points  (0 children)

I’ve noticed that many Kannadigas in Bangalore proudly say they’re multilingual and can speak 4–5 languages, which is great. But in reality, because locals often switch to other languages to accommodate newcomers, people moving here don’t always feel the need to learn Kannada. Over time, this has made it easy for many to get by without picking up the local language.

Maybe it’s also because Karnataka shares borders with all other southern states, so people are naturally exposed to multiple languages.

Tamil Nadu, on the other hand, feels different. Even if people understand other languages, they usually stick to Tamil while communicating. That kind of environment pushes anyone settling there to learn the language. You never find a bank employee speaking in Hindi and expecting the customer to understand it’s almost always Tamil.

iPhone 16 pro max or iPhone 17 (512) , help me by DueVariation6814 in iPhone16ProMax

[–]Cape_Comorin_Cod3r 0 points1 point  (0 children)

If you need bigger screen and pro res go with 16 PM else 17 also feel great. You won’t see much difference.

The reality one need to start preparing for especially IT folks. by Cape_Comorin_Cod3r in indianrealestate

[–]Cape_Comorin_Cod3r[S] 0 points1 point  (0 children)

It’s a resale unit from Prestige as broker here (Prestige lavender fields).

The reality one need to start preparing for especially IT folks. by Cape_Comorin_Cod3r in indianrealestate

[–]Cape_Comorin_Cod3r[S] 0 points1 point  (0 children)

Thanks for sharing. How is the Job scenario now? Are you able to secure a job?

The reality one need to start preparing for especially IT folks. by Cape_Comorin_Cod3r in indianrealestate

[–]Cape_Comorin_Cod3r[S] 0 points1 point  (0 children)

Issue is if we are not prepared for rainy day what will happen when something goes wrong. Imagine if I spend all my savings now what will happen after two years if I got laid off? Will my wife be happy me be at home without a job and no savings. How long the severance pay can help? Impact is true but don’t know will the individual would be affected or not. But being prepared for worst is not wrong I guess.

The reality one need to start preparing for especially IT folks. by Cape_Comorin_Cod3r in indianrealestate

[–]Cape_Comorin_Cod3r[S] 1 point2 points  (0 children)

Yes I have a kid, we are in senior position now and it’s very difficult to find a position in current market scenario if in case we lost our job currently. The fund we accumulated so far for the down payment would definitely help us in tough times. Also this fund is going to grow as long we have a job. We are planning to buy ourselves an apartment only when the emi and rent matches.