HOW TO BECOME RICH ?

"How to Become Rich Early in Your Career"? Work Smart, Invest Smarter: How Young People Can become RICH & Build Wealth by Buying Land or Flats in Their 20s”

FLIXAH DEVELOPERS

4/10/20255 min read

How to Become Rich?

"How to Become Rich Early in Your Career"? Work Smart, Invest Smarter: How Young People Can become RICH & Build Wealth by Buying Land or Flats in Their 20s”

Why Think About Property in Your 20s?

Most people in their 20s and early 30s are focused on building careers, upgrading skills, traveling, and enjoying life. But very few consider making a life-changing decision—investing in real estate early.

Here’s the truth: Your 20s are the best time to plant the seed of wealth, and nothing grows that seed faster than land or property. You may be working a job right now, but if you combine your salary with smart real estate decisions, you can retire rich and early.

Why Buying Land or Flats Early Is the Ultimate Wealth Hack

When you’re young, time is on your side. Real estate works best when you give it time to grow. A piece of land bought today at ₹10 lakh could easily become worth ₹50 lakh or ₹1 crore in 10–15 years depending on location. This is what’s called capital appreciation—and it’s real.

Let’s break down why you should consider this path:

✅ 1. Your Income is Just Starting, But So is Your Credit Power

Most young professionals don’t realize that getting a home loan is easier when you’re young and have fewer financial responsibilities. Banks are willing to offer:

Lower interest rates
Longer repayment terms (20+ years)
Flexible EMI options

This makes it less stressful financially and allows you to start with smaller investments that grow big over time.

✅ 2. Land is Scarce, Demand is Endless

Every year, thousands move to cities. Urban areas expand, but land remains limited. This imbalance creates a powerful opportunity. If you invest in a flat or plot today on the outskirts or upcoming areas, you're sitting on a future goldmine.

✅ 3. You Build an Asset, Not a Liability

Let’s say you’re earning ₹40,000/month. Instead of spending ₹10,000 on rent, why not pay ₹10,000 EMI for a flat or land? You’ll be:

Building ownership
Creating a sellable/rentable asset
Increasing your net worth

You’d be surprised how even a simple 1BHK flat or a 150 sq. yd. plot can triple in value in 10 years.

✅ 4. Rental Income = Passive Income

A flat in a decent locality can easily fetch rent every month. That’s money without effort. If you get even ₹8,000–₹15,000/month as rent, that’s income for life. As time passes, rents increase, but your EMI may remain the same—or even end!

You can then:

Use rental income to fund a second property
Reinvent your career without stress
Build multiple income streams

✅ 5. Land Appreciation is a Silent Wealth Builder

Flat prices appreciate steadily, but land values skyrocket with development. If you invest in a highway-facing plot, near an industrial park, airport, or in the path of city expansion, you could see your investment grow 5x or even 10x in 8–12 years.

Real estate has made more millionaires in India than stocks or startups.

💼 "Can I Become Rich Just by Doing a Job?"

Yes, but only if you use your job as a launchpad.

Your job gives you:

Monthly income
Financial discipline
Access to loans
Social proof to banks

But just saving won’t make you rich. What will? Investing wisely.

Most rich people don’t just rely on salary. They buy assets. And land or flats are the most powerful assets because:

They don’t lose value
They appreciate over time
They generate income (rental, resale)

📍 Real-Life Example: From ₹15 Lakh to ₹80 Lakh

Take the case of Sandeep, a 26-year-old software engineer in Hyderabad. In 2018, he bought a 150 sq. yd. plot near Adibatla for ₹15 lakh. The area was just developing. Fast forward to 2024, his land is now valued at ₹75–80 lakh thanks to the growth of IT parks and road expansion.

His ₹15 lakh became ₹80 lakh in 6 years. All he did was buy and wait.

This isn’t luck. It’s vision + time.

🔑 How Young People Can Start Today

You don’t need to be rich to start. You just need a plan. Here’s how:

1. Understand Your Budget

Start small. A ₹10–20 lakh flat or plot is enough to begin.
Use savings for down payment (even ₹1–2 lakh can work)
Take a home loan or land loan

2. Choose the Right Location

Look for:

Areas near ring roads, airports, metro lines
Upcoming smart cities
Projects by trusted developers
Government-approved layouts (DTCP, HMDA, RERA)

Examples (Hyderabad-focused):

Shadnagar (Affordable, developing fast)
Srisailam Highway (Great for long-term)
Kompally, Adibatla, Maheshwaram (Mid-budget boom areas)

3. Think Long-Term

Property isn't a quick flip game
Hold for at least 5–10 years for maximum growth
Reinvest profits into second property or better location

4. Build Credit Early

Pay EMIs, credit card bills on time
Maintain a healthy credit score
This increases your chances for better loans

🔄 How One Property Can Lead to 5

Here’s a possible journey:

At 24: Buy a plot for ₹12 lakh
At 30: Sell it for ₹30–35 lakh
Reinvest in a flat + buy another plot
One flat gives rental income, another grows in value
Use rental + salary to buy 3rd or 4th property by 35

This snowball effect creates true wealth—without needing a business or inheritance.

🚧 Mistakes to Avoid

Don’t invest without verifying documents
Don’t go all-in on EMI beyond your budget
Don’t delay waiting for “perfect” time—now is the best time
Don’t buy for show-off—buy for growth and returns

🧠 Bonus: Psychological Advantage

Owning property early boosts confidence, discipline, and planning. You feel more secure, ambitious, and focused. While others spend on gadgets or trips, you’ll have peace of mind and a strong foundation.

💬 Quotes from Experts

“If you buy property in your 20s, you’ll never worry about money in your 40s.”
– Ramesh Naidu, Real Estate Consultant

“Land doesn’t cheat. It just needs time. The earlier you buy, the richer you get.”
– Harsha Reddy, Hyderabad Investor

🎯 Final Thought: Invest Now, Thank Yourself Later

If you’re between 20 and 30, you have the most powerful gift: time.

A small investment in land or a flat now can: