tag:blogger.com,1999:blog-19740856.post3259366024991790468..comments2024-03-28T00:59:01.483-07:00Comments on India's housing bubble: India Real Estate Market About to Crash Or Consolidation?Unknownnoreply@blogger.comBlogger146125tag:blogger.com,1999:blog-19740856.post-47038262535773113792024-03-25T03:21:42.774-07:002024-03-25T03:21:42.774-07:00This comment has been removed by the author.ProvidentHousinghttps://www.blogger.com/profile/14810724233046949842noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-60433229972064079712024-03-25T02:22:13.668-07:002024-03-25T02:22:13.668-07:00Thanks for the information
if you are seeking 2 ...Thanks for the information <br /><br />if you are seeking 2 BHK apartments Kengeri with a wide range of amenities and pleasures in the ready clubhouse. An ATM, a swimming pool, a gymnasium, a reading room, numerous indoor activities, and a multipurpose hall are all included. There are also more than 50 leisure and exercise activities for your health and enjoyment.<br /><br /><a href="https://www.providenthousing.com/2-bhk-apartments-kengeri/" rel="nofollow">apartments in kengeri</a><br /><br /><a href="https://www.providenthousing.com/apartments-in-kengeri-bangalore/" rel="nofollow">apartments kengeri</a><br /><br /><a href="https://www.providenthousing.com/projects/bangalore/provident-sunworth-city/" rel="nofollow">flats kengeri</a>ProvidentHousinghttps://www.blogger.com/profile/14810724233046949842noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-1119828473934295382013-01-31T01:31:28.863-08:002013-01-31T01:31:28.863-08:00I just gone through the blog and after just read e...I just gone through the blog and after just read each and ever thread of the comments. It was really informative stuff. Thanks for sharing such deep knowledge and suggestions for <a href="http://www.mypropertystores.com/" rel="nofollow">Real Estate</a> Market. I will look for your next blog for Real Estate of India<br /><br /><a href="http://www.mypropertystores.com/ContactUs.aspx" rel="nofollow">My Property Stores.</a>Anonymoushttps://www.blogger.com/profile/09164643534692496265noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-66047243994857566312013-01-22T04:04:02.110-08:002013-01-22T04:04:02.110-08:00nice blog
Paramountnice blog<br /><br /><a href="http://www.proptiger.com/b-paramount-group-projects.php" rel="nofollow"><b>Paramount</b></a>Pushpendra Yadavhttps://www.blogger.com/profile/02837738893828203177noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-38780297166048626012013-01-15T01:51:49.049-08:002013-01-15T01:51:49.049-08:00This comment has been removed by the author.sapnahttps://www.blogger.com/profile/01638508757726270328noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-32791879350694144962012-11-25T10:25:19.717-08:002012-11-25T10:25:19.717-08:00Very good and interesting site with very good look...Very good and interesting site with very good look and perfect information ... I like it.chathttp://wwww.chatde.netnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-5878612164476710222012-07-27T01:23:34.560-07:002012-07-27T01:23:34.560-07:00i like it ...............keep it up.....
http://r...i like it ...............keep it up.....<br /><br />http://realestateguru.co.nz<br /><br />All of these improvements have set the stage for many new full-featured real estate maps mashups in this region. Our Spanish correspondent ...Anonymoushttps://www.blogger.com/profile/05481116542286396453noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-63806791854398257742012-06-01T12:29:43.104-07:002012-06-01T12:29:43.104-07:00Difficult one ... Real Estate bust in emerging mar...Difficult one ... Real Estate bust in emerging markets may impact in a big way. Economy is slowing down, high current account deficit, India Rupee at an all time low, FIIs pulling out money, high inflation all are not so good signs. There's no way RE prices can continue to sustain at this high rate.. Visit by blog on Pune Real Estate http://indianconcretejungle.blogspot.comPune Real Estatehttp://indianconcretejungle.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-159048514876678612012-01-05T01:26:52.787-08:002012-01-05T01:26:52.787-08:00i found your article on India Real Estate Market A...i found your article on India Real Estate Market About to Crash Or Consolidation is very interesting and i also like to recommend gurgaonproperties.net if you like to Find Property in Gurgaon, Commercial, Residential Property in Gurgaon, <a href="http://www.gurgaonproperties.net" rel="nofollow">Gurgaon Real Estate</a>, Gurgaon Property Dealers, New Residential Projects in Gurgaon. Buy Sell and Rent Apartments, Flats, Plots and Villas in Gurgaon.Neeraj kumarhttp://www.gurgaonproperties.netnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-44202078752924320392011-10-16T07:24:05.123-07:002011-10-16T07:24:05.123-07:0016-oct-2011
Just look back to the period of 2000-2...16-oct-2011<br />Just look back to the period of 2000-2005. 2 bhk flats were available at 15-20 lacs and home loan were at 6-7%.It was that period when people started to take 85% loan amount and that was a bit simple task for the common man like government servants and other middle class people. Then in 2-3 years till 2008 2 bhk prices shoot up to 80 lacs! Is it possible to take home loan of 85% price? Most people will not take such a huge loan position If at such high price, someone wants to give 20% cash, he needs to give 16 lacs cash and the remaining 64 lacs as home loan!!! IS IT POSSIBLE? For a 64 lacs loan for 20 years, the minimum EMI will be 60,000!!! It`s a ridiculus situation .99% middle class people will not be able to commit such position and to get that much loan amount is also not an easy task. To get loan of 64 lacs , The monthly income of a person should be atleast rs.1,71,000 (Because banks says that EMI portion should be atmost 35% of total net monthly salary while giving loan)!!!<br />How many people in entire INDIA has so much monthly salary. EVEN Government Deputy Secretary, Chief of the army, Highest level Scientist have a salary of 1 lacs only and they will be able to purchase a maximum of DDA Janta Flat atmost.<br />HA HA HA. <br /><br />So it clearly indicates that it is a situation of Real estate bubble that can burst soon. All this is a tragic joke that is imposed on the common man. What about those people who gets a good handsome salary of 50,000-70000 p.m. They cannnot even think of buying a 2 BHK Flat.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-76334325467652110352011-08-12T04:01:21.775-07:002011-08-12T04:01:21.775-07:00I agree.. However, here is a nice read on Is the r...I agree.. However, here is a nice read on <a href="http://www.indianrealestatefordummies.com/2011/07/is-real-estate-boom-in-india-really.html/" rel="nofollow">Is the real estate bubble in India really sustainable?</a><br />Do follow the link.<br />Cheers!Crew@Ginger Chai https://www.blogger.com/profile/00614135301003135475noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-75448742787760030552011-08-12T03:56:17.063-07:002011-08-12T03:56:17.063-07:00So, is Recession 2.0 really round the corner? In c...So, is Recession 2.0 really round the corner? In case it is, real estate builders and buyers will be equally affected. Here is a nice read on the steps to take just in case recession 2.0, 2011 does hit India.<br />Follow the link:<br />http://www.indianrealestatefordummies.com/2011/08/recession-20-2011-india-steps-to-take.htmlCrew@Ginger Chai https://www.blogger.com/profile/00614135301003135475noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-84436060197107413072011-08-10T10:54:36.445-07:002011-08-10T10:54:36.445-07:00I dont know why so many people are confused on RE ...I dont know why so many people are confused on RE prices going up. <br /><br />Here are 10 reasons in that order - <br /><br />1) Corruption - Compare UPA states vs NDA states. On an average from what i hear, Bombay is 3 times costlier than Bangalore for areas 3 times as far from core city, even accounting for Bombay being a metro always. If you think IT money is triggering prices why would this be the case?. Every level of govt official including small time clerks in UPA govt deal in crores and invest in benami RE around cities, as other assets can be traced. Chennai, Bombay, Delhi being good examples. Their money comes from loot of natural resources and bribes for doing business, that cascades to everything else. <br /><br />2) Foreign speculators - Foreign institution investors speculating in Indian RE on the sly and the stock market. The developers are slush with funds at any time, its the small time RE developers who will be impacted in case of macro factors. Compare prices in 2005 to now, i.e after govt opened up RE for foreign investment. <br /><br />3) NRI investment - NRI speculating on the sly through their families. My cousin's husband who is a US citizen gets 22% interest from a developer in Hyderabad and i dont think he pay taxes on it. Borrow at low interest rates in US and invest in India, this will also apply for 2 above. <br /><br />4) Supply gap - Locals not selling in city areas, but speculate in the suburbs, cornering land etc. Almost every early middle class family of a city has multiple properties in that city. <br /><br />5) Loans - Easy loan for speculators from banks. Rent pays for EMI's. This is changing though.<br /><br />6) Local Immigration - Huge immigration to few cities, politicians purposely controlling providing facilities in far flung suburbs forcing people to buy in small clusters of moderate-high priced areas with lifelong EMI's. This will go on for the next 30 years, Manmohan wants this for his western brand of economics to survive, i.e encourage move to cities.<br /><br />7) Buyer base - Large base of genuine buyers with jobs on hand, with fear that they might miss out, at least now its still within reach. Why pay 15000 rent when you can own a house at 20000-25000 EMI with both working?<br /><br />8) Demographics - Young population demographic, with huge aspirations for lifestyle. When banks are giving loans why not use it? It is also a hedge against inflation. Govt is anyway printing money like there is no tomorrow. <br /><br />9) Upward mobility - My servant maids daughter just completed her BCOM and has got offers for jobs with top US call centers. Will she not compete the same pool as a middle class person now?. <br /><br />10) Inflation - Cost of all materials shooting through the roof due to mafia controlled commodity market speculation. <br /><br />Here is some good news if you want to believe it. There is a guy who lives opposite my house and has collected data for last 300 years worldwide for all markets, he says he expects RE to crash 40% by end of this year to mid next year. He predicted gold was going to rise 40-60% last year to me and it did (might not have been difficult). On the other hand he says his data says India has a great future, but would that not increase RE prices as well !! :-)<br /><br />Good luck with your RE purchase!!!.Maheshnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-37833977514881864912011-08-10T03:16:09.251-07:002011-08-10T03:16:09.251-07:00Nice Post. Thanks for sharing the information. I r...Nice Post. Thanks for sharing the information. I really liked it. I have bookmarked your post.atOnePlacehttps://www.blogger.com/profile/10135880520396716455noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-58765455299125164162011-07-30T05:11:22.623-07:002011-07-30T05:11:22.623-07:00i really don't believe
From
Prestige Tranquil...i really don't believe<br /><br />From<br /><a href="http://www.investinnest.com/properties/Prestige%20Constructions/prestige-tranquility.htm" rel="nofollow">Prestige Tranquility</a>Anonymoushttps://www.blogger.com/profile/02578351524199389573noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-72567661985518990652011-07-26T04:37:01.494-07:002011-07-26T04:37:01.494-07:00Do banks provide loans on oversea investments?Do banks provide loans on oversea investments?s1phuketvillahttp://select1-property.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-72908420468306356672011-07-25T20:08:53.105-07:002011-07-25T20:08:53.105-07:00I like this blog.. :)I like this blog.. :)gedung perkawinan jakartahttp://gedungperkawinanjakarta.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-14698556564007013082011-07-25T20:08:18.150-07:002011-07-25T20:08:18.150-07:00mampir nich dari jakselmampir nich dari jakseljasa ekspedisihttp://jorindo.co.id/jasa-ekspedisinoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-16289841503692543182011-07-19T12:54:25.362-07:002011-07-19T12:54:25.362-07:00Gurgaon is for suckers, mainly NRI's. It'...Gurgaon is for suckers, mainly NRI's. It's a mega bubble waiting to collapse. When the dollar collapses in 2011, Gurgaon prices will crash.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-50779336528274741682011-07-19T09:49:24.073-07:002011-07-19T09:49:24.073-07:00GOldman and Cisco cutting jobs in India too. Even ...<i>GOldman and Cisco cutting jobs in India too. Even if they cut four to five hundred jobs in Mumbai and Bangalore, that would take care of a few hundred high priced apartments.</i><br /><br />==> If bomb blast didn't affect Mumbai RE, do you think these few hundreds jobs will? <br /><br />What RE market needs is panic... like no more outsourcing or company moving outside Mumbai, or hike in interest rates by 4% or so... or some natural catastrophic events. <br /><br />I shouldn't forget black money.... make mandatory all transactions in white and see the drop in RE prices.==>noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-87995939913253522592011-07-19T09:20:57.988-07:002011-07-19T09:20:57.988-07:00GOldman and Cisco cutting jobs in India too. Even ...GOldman and Cisco cutting jobs in India too. Even if they cut four to five hundred jobs in Mumbai and Bangalore, that would take care of a few hundred high priced apartments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-88111035858818035952011-07-19T06:47:23.893-07:002011-07-19T06:47:23.893-07:00@anon,
You do not have to report the transactions...@anon,<br /> You do not have to report the transactions. You are free to buy/sell as much as you wish.<br /> <br />But you certainly have to report and pay taxes on the capital gains from gold sales. 100% sure on this.polthttps://www.blogger.com/profile/00164978361585592319noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-78866241392771938512011-07-19T04:13:31.615-07:002011-07-19T04:13:31.615-07:00polt
I am not a tax accountant or lawyer, but fro...polt<br /><br />I am not a tax accountant or lawyer, but from what I have read and what i have been told from professionals, is that you dont have to report gold sales. For example, I can buy gold from Canada or Switzerland or even from the US mint at spot market price, plus a slight premium (based on the amount purchased) via a bank wire transfer and sell it on ebay and I dont have to report the sale. So there is no capital gains tax on physical gold. Let me know what you find.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-79090531040472877912011-07-19T03:53:36.075-07:002011-07-19T03:53:36.075-07:00@anon
"There is no law to report gold bar/coi...@anon<br />"There is no law to report gold bar/coin sale done by a common man to the government, not atleast in the USA. That is why buying coins/bars make sense."<br /><br />By law, Capital gains from gold (whether through ETF or physical holding) should be reported and tax paid on them. As Pawan said, if you choose to not do it that's another thing altogether. It is illegal to start with. <br />It is the same in the USA.polthttps://www.blogger.com/profile/00164978361585592319noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-61545667249023049822011-07-19T02:51:53.214-07:002011-07-19T02:51:53.214-07:00Pawan - how can you hide an ETF from the governmen...Pawan - how can you hide an ETF from the government. All transactions done on any mutualfunds, are automatically sent to the government and it is accounted for when you do your taxes. <br /><br />There is no law to report gold bar/coin sale done by a common man to the government, not atleast in the USA. That is why buying coins/bars make sense.Anonymousnoreply@blogger.com