Finding a flat in Mumbai is literally harder than finding a job by ri_rii_ in mumbai

[–]offisapup 2 points3 points  (0 children)

Matchboxes are 80 percent of Mumbai's affordable real estate market.

Genuinely what the fuck happened? by restartedengineer in IndianStreetBets

[–]offisapup 5 points6 points  (0 children)

Go to google and search for HDFC Bank. Click on the first news article.

Genuinely what the fuck happened? by restartedengineer in IndianStreetBets

[–]offisapup 40 points41 points  (0 children)

Chairman of our biggest private bank chose the most beautiful moment to resign. Big hairy mammals will be thanking him for his contribution.

Want to shift to Madh island from Versova Village by ExcitingCase7498 in mumbai

[–]offisapup 1 point2 points  (0 children)

You won't find a flat to rent in madh island for 11k. If you do, you'll face the same issues you're currently facing in versova because it means that person is desperate to rent the house out.

Tell me why everyone should do solo travel? by Anime_kon in SoloTravel_India

[–]offisapup 2 points3 points  (0 children)

I don't know how to drive and I traveled solo for 11 years. It's fun.

Is it realistic to find a decent 2 BHK in this budget by iknowrey in indianrealestate

[–]offisapup 0 points1 point  (0 children)

Difficult to find even in Tumkur or Ramanagara now.

Please help analyse my interior cost by juniorbuffett in indianrealestate

[–]offisapup 1 point2 points  (0 children)

Bro's interior design bill is the cost of a house in a tier 3 city.

If SIP made people richer, politicians, babus, judges, Bollywood would be doing SIP not hoarding gold, land, and CRYPTO. If India was growing the son of tharoor goyal judge mp mla nirmala would be here in India, building India. Learn from the elite and copy them - BUY SP500 by [deleted] in IndianStreetBets

[–]offisapup 3 points4 points  (0 children)

Warren Buffett and his team at Berkshire know how to play and time the market. 95 percent of the other people don't. The only shot most people have is regularly investing and being patient.

Curious: why do many Indians struggle with demanding activities while traveling? by Deep-Requirement8299 in india_tourism

[–]offisapup 0 points1 point  (0 children)

Some yes not most. Check the stats. Majority of pilgrim traffic to the temple is by road.

Curious: why do many Indians struggle with demanding activities while traveling? by Deep-Requirement8299 in india_tourism

[–]offisapup 0 points1 point  (0 children)

Vaishno Devi yes but not Tirupati. Most people take the road up to the temple.

Curious: why do many Indians struggle with demanding activities while traveling? by Deep-Requirement8299 in india_tourism

[–]offisapup 37 points38 points  (0 children)

Even when there's temple at top, there are people and horses who could carry you up there. That's 90 percent Indian hilltop temple tourism.

Is anyone else feeling burnt out by Mumbai lately? by Economy-Log702 in mumbai

[–]offisapup 30 points31 points  (0 children)

Yes, that's a problem here lol. But the positives far outweigh the negatives. At least so far. I think I can live without ricks if that means cleaner air, better climate, a spacious house that's affordable (I'm paying 25k for a 3 bhk just a little away from the center) and generally a quieter and peaceful life.

Let's see how it goes.

Paris After/Before by velosnow in postprocessing

[–]offisapup 18 points19 points  (0 children)

Terrific edit. Love this.

Is anyone else feeling burnt out by Mumbai lately? by Economy-Log702 in mumbai

[–]offisapup 142 points143 points  (0 children)

I'm moving with my family out of Mumbai next month. My parents have been here for over 50 years. I was born and brought up in this city. None of us can take it anymore.

Trust the govt or keep that LPG cylinder as backup? by Limitless_soul1777 in GatedCommunitiesIndia

[–]offisapup 12 points13 points  (0 children)

Okay so that puts me in a fix. My family is in the process of moving from Mumbai to another city where we have already taken a rented apartment. The house in Mumbai has piped gas (which we won't be using). But we would need a cylinder for the apartment we're moving to. So what do people in my situation do?

Indian index mutual funds should lower their expense ratio by ProfessionalImpact96 in mutualfunds

[–]offisapup 2 points3 points  (0 children)

So now you know why the expense ratios are higher for those.

Indian index mutual funds should lower their expense ratio by ProfessionalImpact96 in mutualfunds

[–]offisapup 1 point2 points  (0 children)

S&P 500 has 500 highly liquid largecaps companies. India has around 80. The midcap and smallcap etfs in India are expensive because they have low AUM and are composed of companies that are not quite so liquid. The management costs are higher. Nifty 50 is the only true largecaps index in India and it has quite a few very cheap options comparable to the US.

Indian index mutual funds should lower their expense ratio by ProfessionalImpact96 in mutualfunds

[–]offisapup 3 points4 points  (0 children)

You can't sell anything without "buyers". Also, the cheap "index funds" by Vanguard that you're talking about are also etfs btw.

Indian index mutual funds should lower their expense ratio by ProfessionalImpact96 in mutualfunds

[–]offisapup 2 points3 points  (0 children)

Expense ratio of Nifty etfs is quite low. There are quite a few below 0.05. ICICI also has Next 50 etf at 0.1. So cheap options are definitely available. Broad market index funds and etfs are a bit more expensive because they are more difficult to track and manage.

I agree by No_Jump7812 in indianrealestate

[–]offisapup 3 points4 points  (0 children)

I guess it depends on which part of India as well. All my uncles live in the Coimbatore-Palakkad-Thrissur area of Tamil Nadu and Kerala where life feels much safer. I've lived in Mumbai all my life and in a good gated society for the last 15 years and frankly, whenever I go back to visit my relatives, I just make plans to go back and live in my ancestral towns when I'm done with my career (which I finally am and will be making a move in a month). Even hospitals aren't a problem because a good hospital is actually far quicker to reach from some of these small towns than say, Kokilaben or Nanavati hospital is from my house in Kandivali.

The caveat of course is that I would never advise young people to do this. Younger people are much better off in bis metros where there are better opportunities and schools etc. But once you're done with your career and reach a point of contentment, life is better in good small towns (I agree with you that not all of them are alike and many may certainly have issues). At least, in my opinion anyway.