I couldn't figure out which board to post this one on. But here it is.
Most of us put our best savings to buy a flat/apt in India and work in the IT as evident from intense discussions on this board. We discuss/research a lot about various properties/RE etc in Pune/Bangalore/Chennai and other hot cities. Do you assume here that you will be living in that one city for all your life? Do you think about the possibility of taking up an offer in another city as a step-up after few years? What do you do in that case? In the US it is a routine task (not talking about special markets such as CA currently) to sell a house, move to another place, buy a house, put kids in new schools and proceed with life. Does this scenario arises while you work in India? How often people switch cities in India? Have any of you gone through this? Or does one hopes to spend life in a certain radius with home as a center?
Mobility and housing in India
Mobility and housing in India
havent r2i'ed yet, but i see that happening in my case. i'll r2i to bangalore but plan to settle in gurgaon later on (family is around delhi). bangalore makes sense when you are chasing money - but not so much when you want to slow down. Same as people work in CA but retire in Flordia.
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r2iedhappy
- Posts: 50
- Joined: Tue Jun 26, 2007 9:21 am
Mobility and housing in India
Nextgen ..be warned Gurgaon is no longer Florida;)better buy some land 40 km. away NOW...(unless of course you have a residence here already:)
Mobility and housing in India
India is different from the US. People usually prefer staying in a region they are familiar with. This is specially true of the R2I folks. For the extremely career minded switching cities is an option. My wife's cousin moved to the south just because he was getting a great opportunity however now he is yearning to come back to the Mumbai/pune region. He has a home in Mumbai and he rents in the south. Kids education is not impacted yet since they are small. However schools can be a hassle when you move
Simply put I guess locational stability is of importance. You can probably move in the first couple of years. Most people I knew had a destination in mind when they decided to R2I. If they didnt get the right job in the city of their choice then they just stayed in another city till they got the right one. As of now there are enough jobs in major IT cities in India. Sure bangalore can offer you a few lakh more but then if you have earned your money well in the US that shouldnt distract you.
Simply put I guess locational stability is of importance. You can probably move in the first couple of years. Most people I knew had a destination in mind when they decided to R2I. If they didnt get the right job in the city of their choice then they just stayed in another city till they got the right one. As of now there are enough jobs in major IT cities in India. Sure bangalore can offer you a few lakh more but then if you have earned your money well in the US that shouldnt distract you.
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fellowtraveler
- Posts: 21
- Joined: Wed Sep 12, 2007 11:33 pm
Mobility and housing in India
well, 200 views and only 3 comments! That says something.
Apparently it seems to be a non-issue for the most people. Here is what I infered (coolMBA made some points):
- we in a way "retire" to a home when we r2i. Its not a "house" to us, its a "home"
- opportunities are concentrated in certain cities. Switching jobs is possible without moving
-Family preferences trump other reasons for moving (we are tired of movings, hence r2ied in the first place)
-US is culturally uniform from our standpoint, hence moving adjustments are less. India is much different regionally to us, so moving is not very appealing from cultural standpoint.
(Many Americans complain about cultural diff if moving. Yanks, Southerners, West-coasters, I have read some boards where people can not stand "differences"!)
Apparently it seems to be a non-issue for the most people. Here is what I infered (coolMBA made some points):
- we in a way "retire" to a home when we r2i. Its not a "house" to us, its a "home"
- opportunities are concentrated in certain cities. Switching jobs is possible without moving
-Family preferences trump other reasons for moving (we are tired of movings, hence r2ied in the first place)
-US is culturally uniform from our standpoint, hence moving adjustments are less. India is much different regionally to us, so moving is not very appealing from cultural standpoint.
(Many Americans complain about cultural diff if moving. Yanks, Southerners, West-coasters, I have read some boards where people can not stand "differences"!)
Mobility and housing in India
We, desis feel that mobility is not an issue in US, only because our lifestyle tends to be same anywhere in US, we go to work, come back to our family and only socialize with desis in our areas, atleast most of us follow this. We don't care what is happening with our township, politics, war, sports, elections or even our housing community. We are concerned about H1s, GCs and citizenships, then our kids music or dance lessons, school games, studies and what helps for their college. We go for movies or get dvds home, watch in our big TVs or home theaters, shopping electronics in slickdeals websites and vacationing with family and/or friends during long weekends or vacation times.
Where is the question or time for us to understand the differences between north and south? I am not saying it's wrong, but the fact is that we are oblivious to these differences. There is a lot of difference between cultures here in US.
In India, the life is different. We live in India like we belong there. We feel every little thing. Esp, NRIs, we want to live where we speak our language and go back to our city. Reminds this....
You wanna go
Where everybody knows your name,
and they're always glad you came.
You wanna be where you can see,
our troubles are all the same
You wanna be where everybody knows
Your name.
Where is the question or time for us to understand the differences between north and south? I am not saying it's wrong, but the fact is that we are oblivious to these differences. There is a lot of difference between cultures here in US.
In India, the life is different. We live in India like we belong there. We feel every little thing. Esp, NRIs, we want to live where we speak our language and go back to our city. Reminds this....
You wanna go
Where everybody knows your name,
and they're always glad you came.
You wanna be where you can see,
our troubles are all the same
You wanna be where everybody knows
Your name.
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taan ta taan
- Posts: 149
- Joined: Thu Jun 21, 2007 6:18 pm
Mobility and housing in India
mm2008R2I;61012We, desis feel that mobility is not an issue in US, only because our lifestyle tends to be same anywhere in US, we go to work, come back to our family and only socialize with desis in our areas, atleast most of us follow this. We don't care what is happening with our township, politics, war, sports, elections or even our housing community. We are concerned about H1s, GCs and citizenships, then our kids music or dance lessons, school games, studies and what helps for their college. We go for movies or get dvds home, watch in our big TVs or home theaters, shopping electronics in slickdeals websites and vacationing with family and/or friends during long weekends or vacation times.
Where is the question or time for us to understand the differences between north and south? I am not saying it's wrong, but the fact is that we are oblivious to these differences. There is a lot of difference between cultures here in US.
In India, the life is different. We live in India like we belong there. We feel every little thing. Esp, NRIs, we want to live where we speak our language and go back to our city. Reminds this....
You wanna go
Where everybody knows your name,
and they're always glad you came.
You wanna be where you can see,
our troubles are all the same
You wanna be where everybody knows
Your name.
[/quote]
Nicely explained on how we live here with only materialistic things but without sense of belongingness, emotions and connection with our community!