General Trading Chat

11L fine has no meaning, its laughable. On similar lines had read about a court case year or 2 ago - Builder took money but didnt deliver. After multi year court case ( as usual ) court ordered builder to pay with simple interest.

It seems the fines in india dont have any concept of inflation and compounding let alone acting as deterrence.
It is at least a slap on the wrist (though the decision may change on appeal to the higher courts), like Rs. 500 fine on Jio for using PM's picture in their ads.
 
Property vs stock market CAGR comparison any thing pls.

Properties in central mumbai have risen from 23 lacs 2003 after fall to around 1.42 CR till oct 2016 pre demonetisation. Annual CAGR of 15%. Plus rentals every month or you have a house to use.
Property prices in Mumbai in general have outpaced stock market investments in that period. (15% vs 10%).

But how many people had 25L to invest then and have >1cr to invest now lumpsum. If you buy on EMI you are paying back a part of that return to the bank for 10 - 15 years.
 
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