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Poor Article
by anand on Jun 15, 2005 04:38 PM


Sounds far too easy........

Too many assumptions.......

Has taken an Ideal scenario

Mr.Bhagavat seems to be far away from ground realities.

People like Sachin are few and very far between.

I have just built a 3bhk with a Salary far more than "Sachins" and at a cost far less than Sachins house would cost and belive me it is not easy doing it and mind you, I dont have any liabilities as of now that I need to worry about.

Rs.24000 Multiplied by 12 is Rs2.88 lacs.

Isnt Sachin planning to have a kid 5 years after marriage when his so called EMI starts?
Doesnt he have any other expenses?
His pay as given in the article is 5.65 lacs.
He is going to spend 50% of that in EMI's ???

Can he afford the maintenace of that house whilst paying back the EMi's ?

Readers....... dont go by this article and book a house. You will land up in a Soup.

anand

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5 steps in saving for a home