A trip to Bali – Beaches and bonding

The regular readers of my blog will understand that travel is one thing which keeps me going. Fortunately, my family members are also keen on it and this has enabled us to visit several destinations, both mainstream and offbeat, where we have spent some great family vacations. This year we already had one in Goa and were not planning for another one so soon.

The genesis of our trip to Bali was the realisation that it will become tough to get a travel window for our whole family once the children start their professional careers. Lipi was particularly keen that we go somewhere outside India this time, since our last such trip was to Thailand way back in 2008. What with the issues of getting visas, Bali seemed to be the best option. Given the paucity of time again, it seemed a good idea to go for a packaged trip rather than plan one on our own. We were able to get Yatra.com to customise a trip for us. They were covering the airfare, accommodation and 2 full day tours in Bali along with the airport transfers for 42000 Rs per person which looked fine. We made the payments through our credit cards, got the required voucher printouts and were ready to take off.

The Air Asia flights have only hand luggage as per the ticket rules and the weight cannot exceed 7 Kgs. This meant each one of us had a single piece of luggage and had to make choices on what to carry – the good part was all of us were travelling light. The journey to Bali was a good one and we used the layover in KL to have breakfast at McDonald’s. KL airport has good WiFi and, as is the wont with every family nowadays, all four of us were busy with our phones for the rest of the waiting. The airport in Bali has a runway adjoining the sea and the descent of the aircraft was quite a nice view. Immigration was a breeze as they just stamp your passport and we were soon on our way to the hotel. In the short distance we had to travel, I was quite impressed with the sculptures on the road crossings – they were from Hindu mythology and mostly from the epics Ramayana and Mahabharata. Bali is having a majority Hindu population and they have evidently preserved their heritage and culture rather well. We need to take lessons from them.

Our hotel was in Kuta area which is a bustling place having markets and other commercial establishments. The hotel itself was pretty good with nice rooms, a well appointed Gym, 3 nice restaurants, a nice Spa and most importantly a great location with Supermarkets, fast food joints like KFC and Domino’s as well as good local restaurants. We went to the Kuta beach in the evening and it turned out to be quite a happening place. You walk through a busy market to reach the beach and there are several restaurants as well as some shacks proffering Beer and cold drinks. The beach itself was crowded but quite clean and the sunset was out of the world. I have seen several sunsets all over the world and the first one in Indian ocean  was somewhat special. A restaurant served us a drink named Kuta Sunset, which was quite apt. We also had a Seafood Pizza and some Fried chicken while we watched the sunset. After coming back to the hotel we turned in early as the next 2 days would be busy ones.

We started the second day with a hearty breakfast that had everything from Cornflakes to Muffins/Croissants and Nasi Goreng too. By 10 AM we were off to our whole day tour. The first part was covering several villages where artisans made jewellery and clothing. In the afternoon we went to the Kintamani viewpoint from where you can see Mount Batur which has a Volcano crater at the summit. The whole mountain area and the lake was great viewing and there are many restaurants where you can sit on the terrace and have your lunch with observing the views. The fish that we ordered was not cooked properly but the day was otherwise so good that we took it in our stride. Next we went to a Coffee plantation where we saw how Luwak coffee was made and saw the Civets that play a key role in it. We also got to sample many different kinds of Coffee which was truly an unique experience. The journey back to the hotel was a long one and we had dinner at KFC before calling it a day.

The next day we covered two important points of Bali. The Tanah Lot temple is for the Sand and Sea and gives you great views of the Indian ocean along with the rocks on the shore. The sculptures have definite Indian influence and it makes you realise how far Indian civilisation had traversed in the ancient days. You would think that better views of the Indian ocean are probably not possible but that will change once you go to the next point which is the Uluwatu temple complex. This is situated at a height and the cliffs give you a great view of the ocean. The monkeys in the temple complex are a menace and apparently snatch everything from food to eyeglasses to hats. Rinki and I had a nice time exploring the area and taking in the myriad hues of the sea from different viewpoints. The coup DE grace was definitely the Kecak Fire dance depicting scenes from the Ramayana, specifically the burning of Lanka by Hanuman. The dancers were superbly skilled and watching them perform as the sun sets on the Indian ocean is a heady experience. The trip back to the hotel was again a long one but the lingering memories of the dance kept us preoccupied. We wanted to try out some local cuisine that dinner while Ronju was hell bent on a Burger, which is his staple diet whenever possible. A compromise was reached where we let him go to his favourite haunt, namely KFC, while we searched for an Oriental restaurant. We managed one where Kung Pao Chicken and the local delicacy Braised pork went superbly well with the Noodles.

After our exertions of the first 2 days we wanted to take day 3 easy. I was all for going to see the Rice terrace that Bali is famous for but gave in to a more sedate day as Lipi was feeling a bit under the weather. Rinki and I spent some time on the terrace swimming pool in the morning, before we went off to have a pizza lunch at Domino’s. In the afternoon I took the children for a last look at the Kuta beach. Sitting in the shade with them and talking while nursing a cold beer was good fun. We managed to catch a great sunset once more and the children went frolicking in the beach once the sun’s rays had tempered down a bit. Ronju had his customary burger at Wendy’s this time and after we got back we went to another dinner – this time with all 4 of us.

Next day we were on our way back, again with a layover in KL. It was a smooth journey and the trip was a greatly enjoyable one. The best thing about Bali is the ease of getting there and familiarity with many things Indian. We will be back again as the Timeshare we have with Karma, entitles us to a few resorts there.

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FIRE considerations – parents and children

What are the most important considerations for you when you are planning to FIRE? For sure, your lifestyle and expected longevity are two most important considerations but there are a few others which are paramount. These relate to your parents and children. Let us address both of these in the current post.

If you are thinking of FIRE today or in the next 2-3 years, you are probably 50 plus now. It is quite possible that your parents are around still and that is a great thing. Fortunately my parents are both living but I know many of my friends who have lost either one or both parents. Given what our parents mean to us, we would all want them to live as long as possible. In several cases, they will be living on their own. Now the issue is this – when they retired 20-30 years back, the corpus they had would have been sufficient to generate enough income but it is woefully inadequate today. My father retired in 1990 and at that time he only had about 10 lacs as a corpus. It seems impossible today, but it was true then. Now those were the days of 12 % interest rates, so 10 lacs would give you an amount of 10000 per month. In 1990 it was still possible to live reasonably well with that amount if you had your own house. However, it was soon to become difficult.

Fortunately, I passed out of IIMC in 1988 and started working so I could contribute to the family finances. Over a period of time, the inflation increased the expenses considerably and the interest rates generally went down. If you look at the situation today, the costs are at a level of 4 lacs annually, even though they live in a fairly simple fashion. Their original 10 lacs is only fetching 75000 Rs today. Thankfully my sister, who is a Doctor in UK and I are able bridge the gap. How did it affect my FIRE considerations?

Well, for my parents the situation was simple. I know that I need to contribute some amount regularly over a long period of time. I therefore just add this amount to my own monthly expenses and look at the total amount. So, If I am contributing 2 lacs and my own expenses are 10 lacs in a year, then I need to plan for 12 lacs.

As far as children go the issues are a little different. If you are doing FIRE at 50, it is possible that your children are still in college. I am saying this as most people will marry around 30 years and have their first child around 32 years or so. Therefore when you FIRE at 50, your child will probably be just starting college. In my case when I FIREd in 2015 start, my daughter was in her third year of Engineering and my son was only in his first year of his 5 year dual degree course. The overall expenses annually for them were in the range of 6 lacs and it was increasing at the rate of 15 %.

I had the following strategies to deal with the situation:-

  • I needed to fund the Graduation expenses of my children and had told them that if they wanted to do an MBA then it would have to be through an Education loan.
  • For the immediate next year, I put some money in FD in their accounts so that they would mature in time for their semester fees.
  • I also started my Consultancy services which resulted in some active income. To the extent possible, I used the money to create new FD’s with the same strategy as before. This meant, I always had enough money kept away for paying the fees for the next 2 semesters.
  • In 2016 when Rinki passed out of BITS and joined XLRI, we decided to take a loan of 12 lacs whereas the 2 year fees were in the range of 23 lacs.
  • Over the next 2 years we actually used only 6 lacs of that loan as I was able to fund the rest of the money through my Active income.
  • Now she has completed XLRI and will be joining her job in June.
  • My son has now completed 4 years and I will have to pay 2 more semesters, each to the tune of 2 lacs or so. As before, this money is arranged for.

So what is the bottom line? When we talk of FIRE, it has to take into account the situation of your parents and children. In all likelihood, you will have to contribute financially to your parents, assuming they are not staying with you. Build this into your monthly expense estimates and deploy your corpus in a manner so that you are getting this amount in a regular manner. For your children, their regular expenses can be catered through your monthly expenses. However, Education expenses in college are a different story altogether and you need to handle it differently.

Take care of both of these and you are ready to FIRE.

A TOI article on FIRE

As most of the readers will know, the acronym FIRE is for Financial Independence Retire Early. This is a very commonplace jargon in the US and is becoming popular here too. I was recently approached by a journalist from TOI who wanted to discuss my journey in this as she was writing an article on this.

For those who have not read it, click on this link to read the article. I found the article to be interesting though the writer has not addressed some important issues. In fact the How to part of the article is directly taken from our conversation.

If you go through the comments you will see that many of them are overly negative. That is really unwarranted as it is possible to achieve FIRE without compromising on things such as your old parents and well being of your children.

I will address this in the next post.

A real life case study on retirement corpus deployment

Of late, I have been getting several requests from people about how to structure their retirement corpus to get a certain amount of income every month for lifetime. I was however, quite surprised to get a request last week – the person said that he had 3 crores and was willing to deploy it as per my suggestions and wanted to check how much he could spend per year, if he had a lifetime of another 30 years.

So let us see this from a very basic retirement maths perspective first:-

  • We will assume that the corpus is deployed so that the real rate of return is Zero. This essentially means that the returns from the portfolio will match inflation.
  • In this scenario his overall costs over 30 years will be 30X ( assuming he spends @X each year ) and the limiting condition is 30X = 3 crores. This means X=10 lacs
  • Going by this he can definitely spend an inflation adjusted amount of 10 lacs today.
  • Note that he will not have any issues with this strategy as even very conservative investments are likely to match inflation. He can put money in PPF, Debt funds, VVY, SCSS etc and still be able to achieve this.

Let us extend the logic a little further and see if we can do better in some way. We will try to structure the portfolio in a manner suggested below:-

  • Try to earn money in the first decade through debt investment returns. We will aim to earn 12 lacs in the first year to take care of the inflation within the decade. This is how it can be done:
    • 60 lacs in VVY and SCSS (for the couple) will yield 4.8 lacs a year.
    • 60 lacs in Debt funds will yield 4.8 lacs a year. This can be FMP type of funds where you use the capital gains for your expenses.
    • 20 lacs in IndiGrid InvIT which is likely to give 2.4 lacs a year.
    • 10 lacs in a liquid fund to cater for any financial emergency situation.
  • Put 1 crore in an MF portfolio over a period of time. This can be through STP of 1 lac per month for 100 months.
  • Put 50 lacs in stocks over a period of time. This should be based on markets and in the interim period the money can be kept in a Liquid fund.
  • At the end of the first decade, continue with the Debt plan as before. You will now be spending about 25 lacs per year and half of it is generated from Debt portfolio.
  • The MF will grow to about 1.6 crores by this time and stocks to 80 lacs. Set up a SWP from your MF to get 13 lacs every year @ 1 lac plus every month.
  • In the third and final decade, your MF portfolio and Stock portfolio will be enough to take care of your expenses @50 lacs a year.

Finally, what if you want to spend more now and taper off your expenses as time goes by? Many may want to travel around the world in their first decade and reduce it over time. In this case let us assume you need an average expenses of 15 lacs  in decade 1, 20 lacs in decade 2 and 30 lacs in decade 3. How do you cater to these?

  • Put 1 crore in Liquid funds and spend from it for the first 10 years. The amount earned through interest will enable you to do this.
  • Put 50 lacs in Debt funds, 1 crore in MF and 50 lacs in stocks.
  • After 10 years the Debt funds will grow to about 1 crore, MF to about 1.6 crores and Stocks to about 80 lacs. I have assumed staggered investments and conservative returns to make this a very safe plan.
  • In decade 2 spend from the Debt portfolio and do SWP from MF portfolio.
  • In decade 3 use MF and stock portfolio.

So to answer the question of the person, he can even spend 15 lacs per year with a 3 crore corpus as long as it is structured properly. In terms of withdrawal rate this is a 5% but it should work quite well.

I hope this has proved to be useful to most of you and you can structure your portfolios in a similar manner to maximise your spending power.

Financial independence is central to living life in your terms

Over the course of the past 3 years or so when I have been writing my blog, several people have asked me as to why I focus so much on financial independence ( FI ) as a goal when most people automatically keep working till they cannot do so. In some posts I have explained as to why FI is an imperative, even if you want to continue in your present job or profession and retire normally. However, the most important idea of being in an FI state is that it gives you the ability and confidence to live life in your terms.

What do I mean by living life in your terms? It simply means that you are able to do the things you want to do without having to worry about the financial impact of them on your future well being. There are only two conditions where this is possible. Firstly, you can inherit a lot of money and secondly, you work towards and attain an FI state on your own steam. Remember, in your life the terms are set by you, so it is not necessary that they will align with other people. For one person it may be the ability to stay in a huge mansion with all amenities, for another it can be the flexibility to travel as and when he wants and for a third it may be playing the stock market with some capital without the fear of losing it. Let me give you some more examples of what you may be able to do in the FI state – these are real life happenings with people who I know.

  • A couple in their 40’s take 2 vacations outside India every year because there is just too much to see and they have the cushion of FI.
  • A man who is a car enthusiast has bought a luxury car recently surprising many of his friends and family. He said that he wanted to buy it for about 2 decades but was able to do it when he understood that he was in an FI state.
  • A batch mate of mine who is a Banker, left his job and started to do workshops on personal finance as it has been his passion for a very long time.
  • A lady who has been a lawyer for 3 decades was able to switch to taking cases free for the poor when she realised she was well over the FI line.

I can go on with more examples but I think the point is made. Whatever your terms are, you need to be in an FI state to live life with those. Most of us work because we need to earn certain amount of money, for now and for the future. While we are doing that, we are unable to live life in terms of what we want – it can be a money issue or a time issue or both. Once you are in the FI state you will be able to reorganise your life in a way so as to do these things in a manner that fulfils your aspirations. To me, that is the essence of living – yes, there are times when you live for responsibilities and need to compromise on your personal aspirations but that is surely not a desirable state.

Coming to my personal example, what does being in the FI state mean for me? Also, to respond to the curiosity of many people, what do I do now and what do I plan to do in the future? Let me try and address it here :-

  • I do some Consultancy work if it is of interest to me. As I do not depend on the money from it to fund my lifestyle, the flexibility of choice is great.
  • As many of you know, I write this blog and am advising several people who seek me out. I have also made Holistic life and Financial plans for a few people who have reached out to me. Note that this is not my profession in any manner.
  • I have been involved very closely with the education of my children and that is coming to an end now. Interaction with many IIM and B school aspirants through public sites is something I am passionate about. I am also part of the admission panel for IIM Calcutta.
  • Conducting high end Consulting workshops for corporate organisations is something I love to do and will expand it significantly this year.
  • Travel has been a passion for me since long and I am able to do it much more now. In the last year and quarter we have been to Kumarokom, Araku valley, Italy, Goa ( twice ), Konkan beaches, Durgapur, Ayodhya hills, Khajuraho and are now planning a short trip to Bali.
  • Sports is another passion I have and I am really happy to be able to watch almost anything I want to nowadays. Looking forward to the FIFA world cup.
  • I am toying with the idea of writing a book. Something may or may not come out of it but I will make a fairly serious attempt this year.
  • I am also keen to explore the idea of forming a venture. The ideas for it are crystallised now and I will be looking for some founder partners soon.

When I measure all of the above against what I could have done as a CEO in a regular corporate job, I must say that I find this infinitely more preferable. The bottom line however is that I am able to do this only because of my FI state.

What is your ideal existence in life? If you are already having it in your current job or profession, great !! If it is very different from what you are currently doing then you need to think seriously about being in the FI state so that you can live in your terms.

After all you have only one life to live !!

Khajuraho – offbeat and mesmerising

When one has travelled as much as I have, it becomes quite commonplace to plan for new travel destinations and one may get a sense of, “been there, done that”. Khajuraho was quite different though as it was something both Lipi and I wanted to do for a long time. Now that we are done with the trip, I can only say that it met our expectations in full measure. For those interested in going there this post will be helpful.

Coming to the actual travel, we started on 20th February morning from our home in Hyderabad. The short ride to the airport is always exhilarating in the morning on the ORR expressway. Hyderabad airport is now crowded at most times but, as regular travellers, we have now learnt to take these in our stride. Once we were through the Security check, we headed towards our oasis in the airport – the Plaza Premium lounge. this provides relative serenity in the hustle and bustle of the airport as well as great food options at most times of the day. Fortified by the breakfast, we boarded the flight and did what we normally do – Lipi catching up with her sleep and me with my reading. We made a short stopover at Noida at my mother-in-law’s place and had a great lunch there. She also insisted on packing some dinner for us which came in rather handy later on.

Our train journey by the UP Sampark Kranti Express was uneventful but we were privy to some rather interesting conversation on Khajuraho, courtesy some local people who were travelling with us. When I woke up it was rather dark and the feeling I had of closing in on our destination was quite thrilling. The train reached Khajuraho station fairly early in the morning and just as we came outside we were accosted by a person named Jainam who wanted us to get into his car to reach our hotel. Though I did not have much faith in the sheet of paper that he proffered, 200 Rs seemed a reasonable fare and we set off. The journey by car was short and we saw the two airports, national and international, on our way. The road leading to our hotel Isabel Palace was a dusty one and I started wondering as to whether we had made a good choice of the hotel. However, the interiors were quite good and we were given a room immediately even though it wasn’t 8 in the morning yet.

The hotel had a fixed menu breakfast on the terrace. You could view the Vindhya hills at a distance and paddy fields up close. The 360 degree view along with the tasty Indian breakfast of stuffed parathas and pooris started our day on the right note. We had worked out a deal with our guide cum driver Jainam and soon set out to see the star attraction of the trip, namely the temples of the Western group first. It was only a short drive from the hotel, in Khajuraho most distances are short. The immediate road stretch in front of the temple complex has been cordoned off for vehicular traffic and this is a good step. Tickets were cheap but the official Guides really expensive. We still got one as it is always good to hear from them and it proved to be a good decision. Apart from giving up the details of temples and the sculptures he also doubled up as our official photographer for the day and snapped quite a few pictures of Lipi and me. This was nice as we normally end every travel nowadays with very few pics of us together.

The Western temple complex has most of the temples standing today and is really the UNESCO world heritage site. The temples are all in pretty good shape and have been restored well where needed, the landscaped gardens look beautiful and due to the lack of massive crowds you can set your own pace. We started with the Lakshmana Temple which is dedicated to Vishnu and has a few smaller temples in front of it. The Varaha Temple, dedicated to the third incarnation of Vishnu as a wild Boar is small but has a huge statue of a Boar which is rather impressive. The carvings along the Lakshmana temple contain a lot of erotic sculpture for which Khajuraho is widely known. While these are rather explicitly depicted, the overall numbers would probably be less than 10 %. Also, the sculptures are really about everyday life and it seems that sex was dealt with and spoken of quite openly during the times the temples were built.

About 200 metres from the Lakshmana temple is the most famous temple of Khajuraho and easily the most majestic one in structure and stature. My memories of it stretched long back to my school days when I read about it in my Cultural history classes and was quite impressed by it. In real life it was even more impressive than what my imagination had allowed for. The Jagdambika temple next to it is on the same raised platform and the duo clearly dominate the Western complex. Just going around the temples and staring up at the rising Shikaras will inspire you with awe. Add to it the richly carved panels with the intricate sculptures and you realise the extent of the artistic and human endeavour that went into creating these masterpieces. Muslim invasion had desecrated the shines but even those callous souls probably could not bring themselves to destroy such beauty.

The rest of the temples were nice too, the Chitragupta temple and the Vishvanath temple being noteworthy. The Dance festival has the Chitragupta temple as it’s fantastic background and we witnessed that in the evening. After the Western group we went to the Southern temples and the Eastern Jain ones. While these were quite impressive too and the Chaturvuja temple was unique in the statue of Vishnu with 4 heads. The Jain temple complex was really serene and nice though architecturally not so striking maybe. The temples done we proceeded to have lunch at Agarwal’s which was a great vegetarian restaurant and had a variety of Thali’s and other fares to choose from. The simple thali we chose turned out to be quite sumptuous and rounded off the morning experience.

After some rest at the hotel we were back to the temple complex in the evening. We first went to the only temple in Khajuraho where worship is prevalent and saw the 9 feet Shiva lingam made of sandstone, glistening due to all the polish it has got over the years. The evening Arathi was just starting as we came down the steps and the music with the chanting along with all the devotees clapping to it was a heady mix. Next stop was the Khajuraho Dance festival which was really more of a Fair. There were stalls put up from different states with all kinds of textiles and handicrafts, there were food stalls ans an Art Mart featuring work of many artistes. The Dance stage was impressive and had the Chitragupta temple as it’s beautiful backdrop. We saw three performances of Bharat Natyam, Kathak and Manipuri dances and each one held our attention completely. The entire experience was a surreal one and exceeded all expectations that I had of it. If you are a lover of art and culture, you must visit Khajuraho dance festival at least once.

Dinner was at well known Rajah Cafe run by a Swiss. We had some chicken Brochette which was quite good along with another chicken dish with Rotis. After a restful night we were off the next day on nature trail. First stop was Ken Ghariyal Sanctuary which has some wild life and apparently a lot of crocodiles. Even though we did not see any crocodiles there, the views of the Ken river and the different small lakes that it forms within the sanctuary were hugely worth it. Lipi did not want to climb the watch tower but I decided to test my fitness by doing so and was rewarded by some great views. The Raneh falls did not have any waterfall as the monsoons last year had been almost absent. However, this allowed us to see the Canyon properly and the sheer scale, variety, colour and arrangement of the rocks were truly remarkable. Quite possibly the only place in India where you would get to see this. After lunch we were at the Panna Tiger reserve in a Gypsy and with a very knowledgeable Guide. Panna is uniquely beautiful due to the Ken river that runs through it. This also has several alligators and crocodiles along with a host of water birds. We saw Herons, Kingfishers, Storks, Cormorants and Peacocks just to name a few. Deer of different types were in abundance starting with Nilgai, Sambar, Barking deer, spotted dear, Barasinghas etc. It was a great sight to see a couple of young deer in full flight with both feet off the air. Though we heard some people seeing the tigress and two cubs and waited patiently on a long vigil by the Ken river, the tiger eluded us. The whole park experience was rather nice though and catching the sunset as we were exiting the park was really the icing on the cake. The long drive back and the exhausting day necessitated an early dinner and we were off to sleep quickly.

The final day was reserved for Museums but unfortunately two of these were closed for the day. We did get to see the Tribal museum which had some really nice stuff in terms of paintings and handicrafts along with implements of day to day use of the tribal’s. Lipi went off to buy some souvenirs from the market while I took another look at the Western group of Temples in order to look at some sculptures closely. Another sumptuous vegetarian lunch followed and we were back to Khajuraho station soon. The station facade is in the shape of a temple and is apt for the place.

The train journey back was good as we met an old couple who have been coming to Khajuraho for several years and it was nice of them to share some of their dinner with us. Next day we stopped by Lipi’s place once more and made it to Hyderabad in the evening. It has been a great trip that had everything – culture, heritage, nature, wild life all rolled into one.

We are looking forward to the next trip in a few days time – complete change of setting as we will go to Goa now.

A travel plan for Khajuraho

I am passionate about many things in life, but if I had to choose one it would definitely be travel. Over the years we have travelled to a lot of different destinations, both inside and out of India. I always look forward to a new year thinking of the new places we may get to visit or the old ones where we may rediscover new experiences. In 2018, one of the places I had on my radar was Khajuraho and I am happy that we are going there this week.

Planning for travel is one of the activities I truly enjoy and, over the years, I have got pretty good at it. This time, the idea of a Khajuraho visit came to me in January. My mother-in-law, who is normally with us in December and January to avoid the Delhi winters, was leaving on 11th February and our daughter Rinki was coming back home after completing her BM program at XLRI on 27th. So we really had to go in the intervening period. What really sealed the deal for me was seeing the news of the Khajuraho Dance festival being held this year between 20th and 22nd February. I am a great fan of all types of Indian cultural performances and one of my great joys was to watch the dancers perform in the Mamallapuram Dance festival when we were in Chennai. The Khajuraho dance festival seemed like the perfect occasion to visit there.

Life today has got much easier due to the amount of information present on the internet, especially if you know how to search for it well. I normally start by reading up on the place first to get a general sense of the location, transport options, sightseeing options etc. Next, I search for any travel blogs written about the place and also the itineraries by different tour operators. This gives me a rather good idea about how many days we will need at the place, travel options to reach there, food and stay options. Once I am clear on these I plan my itinerary and check on the dates, travel options and bookings.

Here is how I planned for Khajuraho:-

  • Based on my readings I decided that 3 days will be enough to visit the Khajuraho temple complexes, view performances at the dance festival as well as go for a half day safari to Panna national park.
  • From Hyderabad the logical way to travel will be through Bhopal or Jabalpur. However, both involved long train journeys and expensive flight tickets with not very convenient timing. It did not make sense to travel 2 days for a 3 day trip.
  • As there was a good night train between Delhi and Khajuraho, I decided to do the unusual and go through Delhi, despite it not making geographical sense.
  • I booked the tickets for the train both ways first and then looked at the flight options. As I was having some flexibility of dates, courtesy some stay options in Delhi for night stays if needed, I was able to get tickets at great prices.
  • Next step was to book accommodation for 2 nights in Khajuraho. I looked at Trivago site to get a good deal from Booking.com
  • Final step was to book the evening safari at Panna national park through the online facility in the MP government site. This is a great option as you can do things directly yourself without getting entangled with touts etc. 

Now finally for the costs:-

  • Train costs were 1920 Rs for onward journey in AC 3 Tier and 2720 Rs for the return journey in AC 2 Tier.
  • Flight costs were 9800 Rs for both legs of the journey 🙂
  • Hotel cost for 2 nights was about 4200 Rs.
  • Safari permits were 520 Rs, Jeep and Guide costs will come to another 700 Rs or so.
  • Food, taxis and incidental expenses will be in the range of another 7000 Rs or so.

So at an overall cost of 27000 Rs or thereabouts we are leaving for a reasonably comfortable trip to a long awaited destination. Must say that I am feeling quite kicked about it.