BQPortfolio: Can Harsha Vardhan Build A House Costing Rs 5 Crore By 2028?
Building a house is never easy on your finances. How can you plan for it.
BQPortfolio speaks to citizens from across India about their financial goals and helps them access expert advice on how to achieve them.
Building a house is a decision that can put pressure on one’s finances over the long term as it usually entails financing through loans.
Harsha Vardhan, 24, who works in Saudi Arabia, aspires to build a house in Chennai in 10 years, for which he estimates he’ll need around Rs 5 crore.
He earns Rs 12 lakh annually and is left with a surplus of Rs 9.6 lakh after deducting expenses.
But Amol Joshi of PlanRupee Investments says that Vardhan will only be able to build a corpus of Rs 2.5 crore by 2028.
Watch this episode of BQPortfolio, to find how Joshi helps Vardhan build a corpus for his dream house.
Watch the full episode here: