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Nikhil Kamath on Bengaluru’s Paper Wealth and Real Estate
short by Renata / on Monday, 25 March, 2024
Nikhil Kamath, Zerodha co-founder, shared insights on Bengaluru's economic scene, noting the prevalence of paper wealth among tech employees. Despite significant stock options, he highlighted the city's relatively low expendable wealth. Kamath also expressed skepticism towards real estate investments due to high valuations, advocating for renting over buying property.
read more at News Karnataka