I’m 30M and this is how i created wealth

Hi all ,

I’m 30M just got married last year and I’m into real estate in a tier 1 city (Bangalore). I started brokering properties at 8 year earlier and kinda got lucky as the city had just started growing vastly.

Here are my finances. Firstly the income isn’t steady and we tend to make about 1-2lakhs a month.

So post Covid me and my friend bought a plot on Chapparakalu road / before the airport toll (30x40) (2plots) , north east park facing property at 1450/- per Sqft + 50/- brokerage charges paid + 100/- registration.

Today valued at - today 2026 valued at 7,000-9,000/- per Sqft

1200x7000=8,400,000/- (each)

And we bought a plot about 6kms away from Wipro where development was yet to take off at telecom layout again 30x40 at 980/- per Sqft

Today valued at 8,000/-

1200x8000=9,600,000/-

And bought a plot at Rajankunte when the roads were muddy post Covid at 10lakhs + registration from a reseller who was in need of funds

Today valued at 1200x4,500=5,400,000

And now bought a plot in gauribidnur

20x30 plot at 6.5lakhs + registration + Comission

And waiting for a future of Kiadb growth of MSME in the vicinity

Apart from this kept buying gold over the years every month 20-50,000/- as my mom would insist on buying it and keeping it which was valued at 65lakhs about 2 years ago when I got married and was gifted to my wife as a marriage gift from my side so I don’t count that in my portfolio.

So as I’m not so knowledgeable on stocks and shares i kinda used my profession real estate as my investment strength and grew small investments into a good portfolio.

So I highly believe invest in products you understand not products that everyone are running behind.

And having owners approach in distress sales or coming to us directly we have a better communication and trust as agents. And sometimes even the sellers get shocked as to how we are buying.

So the whole concept of buy and hold occurred as a hobby and less of an investment perspective even though yes we are aware which belt is going to grow and which location to invest in before the upmarket starts.

So here’s how the intel works. We study developer demands and government projects.

So when a developer approaches with a certain requirement for a land to develop. We acknowledge that the developers are wanting to do an XYZ project and we try sourcing land around the vicinity for a plotted development or apartments or villas or whatever.

And if it’s multiple developers asking for a similar requirement we go ahead and search something for ourselves aswell if it comes under our budget.

So the buying becomes cheap 1 year prior the developers launch their project and what is bought at 1/- becomes 3/- sometimes 4/- in the 4-5 years the developers launch and create the upmarket trend.

And then we stick to the holding just like a unicorn valuation waiting for the vicinity to get overpopulated so we can develop it or give it for joint venture to a good developer and enjoy the rentals.

So this strategy is what I’m following as I’m not so educated and understand very little of the world and believe land cant be produced again and gold is the safety currency of the world.