tag:blogger.com,1999:blog-19740856.post3675964538575428332..comments2024-03-28T00:59:01.483-07:00Comments on India's housing bubble: Mumbai realty gives affordability the go-byUnknownnoreply@blogger.comBlogger57125tag:blogger.com,1999:blog-19740856.post-10212722906111084622010-12-02T10:48:41.329-08:002010-12-02T10:48:41.329-08:00To Prick - my response wasn't directed at you,...To Prick - my response wasn't directed at you, my dear Jat friend. What some anon said was this: "Now that you have enlightened us, tell us how do we get to go back to gold standard?<br /><br />Since we are the sheep, we would follow."<br /><br />Then Samix responded: "Anon above if you are serious in knowing this then go to http://fofoa.blogspot.com<br /><br />If you are just confrontational, then sorry I am not interested."<br /><br />To which, in my response I called the original poster a "prick".<br /><br />I had forgotten that you are the original prick :-) <br /><br />Sorry I really didn't mean you.DhImAnnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-27970568138031082792010-11-24T06:58:02.126-08:002010-11-24T06:58:02.126-08:00@DhimAn
Is that you real name? Is there a guy call...@DhimAn<br />Is that you real name? Is there a guy called DesiBatman or Samix or whoever you support in this blog?<br />You are saying everyone else is a pseudo intellectual but what are you? What is your claim to fame? What have you done for your 'beloved' country? And most of your ilk, would they be back on this blog once they have got their dream home?<br />And then you criticize me? For sarcasm? But blinded by your ego, you fail the see the logic in my argument.<br />More and more economic activity will move to India, China and other poor Asian countries since we do offer $100 a month chauffeur and $25 a month maid. That is our strength and we are playing to it. Why is it unfortunate to have cheap labour? You guys give gyan on economics and don't understand that cheap labour is our strength. I am sure these slumlords are better off working in these jobs and living in slums than living in villages and facing atrocities for reasons other than being poor.<br />And I am not living in Mumbai so I don't care about your slums.<br />And finally DhimAn, I come from a Jat family in Haryana. My family and my village has sent its sons to fight on the border and die for this country. May be at that time you were busy with the auctions where people were selling their mothers. Let me guess such auctions are organized in Mumbai.Pawanhttps://www.blogger.com/profile/03969690253002313371noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-58566120951048406162010-11-22T14:46:42.482-08:002010-11-22T14:46:42.482-08:00New Mumbai airport: Housing prices to rise sharply...<a href="http://profit.ndtv.com/news/show/new-mumbai-airport-housing-prices-to-rise-sharply-123208?trendingnow" rel="nofollow">New Mumbai airport: Housing prices to rise sharply</a><br /><br />Sitting in his three-bedroom flat in Kharghar, Rahul Patel is a delighted man now. The green signal for the airport means his property will appreciate much further. Two years back, he purchased this flat at a modest Rs. 2500/square feet, but on Monday the rate has gone up to Rs. 5500 per sq/ft.<br /><br />"I have a project of 500 apartments and a four star hotel in Navi Mumbai. As we came to know about the clearance of the airport, we increased the prices by 20 per cent and as soon as the construction of the airport begins the prices will go up by 75- 100 per cent," said Rishab Wadhwa, Concrete Builders.shaileshhttps://www.blogger.com/profile/14407031960831830463noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-33699842482763505742010-11-22T10:32:32.419-08:002010-11-22T10:32:32.419-08:00Samix:
Thanks for the support batman... we are s...Samix: <br /><br /><i>Thanks for the support batman... we are still a minority...</i><br /><br />We are not minority, look at gold rally recently.<br /><br /><br /><i>By the way there seems to be some nervousness in the real estate market, people are not buying, One of my friends has put up his flat for sale and he is not getting any buyers.</i><br /><br />When and where and for how much? Just like to know if your friend is asking for fair price or is market sluggish. Someone here in blog mentioned that demand is very high and supply is limited.<br /><br /><br /><i>The real estate agent told him that even a dog is not visiting them nowadays for buying a flat...</i><br /><br />May be your friend needs to change realtor.Desi Batmanhttps://www.blogger.com/profile/09682126344769532066noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-9183587701648564892010-11-22T08:43:56.127-08:002010-11-22T08:43:56.127-08:00Thanks for the support batman... we are still a mi...Thanks for the support batman... we are still a minority...<br /><br />By the way there seems to be some nervousness in the real estate market, people are not buying, One of my friends has put up his flat for sale and he is not getting any buyers.<br /><br />The real estate agent told him that even a dog is not visiting them nowadays for buying a flat...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-437602699079544572010-11-22T08:25:08.173-08:002010-11-22T08:25:08.173-08:00@ Anon 2:25 AM
After the Adarsh scam, now CBI has...<i>@ Anon 2:25 AM<br /><br />After the Adarsh scam, now CBI has discovered scams at Malad, Juhu and Kandivali. Most of them just overlooking or on defence land. Worst part is all of these buildings are ready and many are occupied by residents. at Kandivli the current sales going on at Kalpataru Tower will be in a soup. The building over looks defense land. I wonder what will be the outcome of the users of such premises.....a friend of mine just bought a flat there and is now worried. </i><br /><br />No need to worry. In India one can get away with most horrifying crimes. Where was BMC or legal people when land was developed, building was build, water, sewer and electic connections were sanctioned, flats were registered, and may be bought and sold, advt in market.... I don't think all this happened suddenly and on one day.<br /><br />So your friend need not worry. All the hoopla is to create attention for some politics.Desi Batmanhttps://www.blogger.com/profile/09682126344769532066noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-39577585262025499192010-11-22T07:05:59.190-08:002010-11-22T07:05:59.190-08:00Bharat, welcome to awakening to today's 'r...Bharat, welcome to awakening to today's 'real' India. <br /><br />Sorry to hear you couldn't beat them, glad to see you didn't join them. Them = corrupts. But not everyone is lucky to have option to get away abroad, they HAVE to join them or perish.<br /><br />Best of luck!Desi Batmanhttps://www.blogger.com/profile/09682126344769532066noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-28232088058709428242010-11-22T06:52:51.640-08:002010-11-22T06:52:51.640-08:00Samix and DhImAn. I agree with you guys on gold de...Samix and DhImAn. I agree with you guys on gold debate.<br /><br />As long as money is backed by printed currency, elite class can get away with printing way to prosperity. Gold standard restricted this. <br /><br />If something is used for benchmarking and that benchmark is variable we have serious problem. How do you tag / rely on non-constant variable that is changed at will for bench marking. <br /><br />We can keep arguing about Gold and paper currency, that won't help as long as paper currency is pushed down the throat.<br /><br />Has anyone here tried and feedback on:<br />gold storage:<br />goldmoney.com<br />bullionvault.com<br />bulliondirect.comDesi Batmanhttps://www.blogger.com/profile/09682126344769532066noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-52269667343067033242010-11-22T04:25:02.191-08:002010-11-22T04:25:02.191-08:00Samix, don't waste your breath - that pr1ck is...Samix, don't waste your breath - that pr1ck is confrontational. Don't you see his sarcasm?<br /><br />Screw him and his ilk. He, who doesn't have the guts to just put in a made up name so we can address him by it - you think he can do anything for changing the status quo? No, he epitomizes the pseudo intelligence that has become the shield cowards hide behind these days in order to sell their mothers to the highest bidder.<br /><br />Anon, sod off.DhImAnnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-28196772759925090842010-11-22T03:24:02.799-08:002010-11-22T03:24:02.799-08:00Jairam Ramesh gives clearance to Navi Mumbai airpo...<a href="http://www.dnaindia.com/mumbai/report_jairam-ramesh-gives-clearance-to-navi-mumbai-airport_1470173" rel="nofollow">Jairam Ramesh gives clearance to Navi Mumbai airport</a>shaileshhttps://www.blogger.com/profile/14407031960831830463noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-40409848154841170662010-11-22T03:18:20.751-08:002010-11-22T03:18:20.751-08:00Prithviraj Chavan's Challenge and Opportunitie...<a href="http://business.in.com/article/special/prithviraj-chavans-challenge-and-opportunities/19412/2#ixzz160cdm1ug" rel="nofollow">Prithviraj Chavan's Challenge and Opportunities</a><br /><br />There are new problems which require new paradigms and new solutions. They are more about planned urbanisation, transport, education, health and implementation of affirmative action. These issues have been neglected for many years. The state has been the most urbanised one in the country. No other state can boast of cities like Pune, Kolhapur, Nashik, Jalgaon, Aurangabad, Nagpur and some others, excluding of course, the great global metropolis, Mumbai. It is estimated that by 2020, about 60 percent of the state’s population will be urban. There is no urban policy worth the name for the whole state and there is no plan for Mumbai. There have been fancy slogans like converting Mumbai into Shanghai or even London, but there is no organised programme, nor vision with a certain timetable. The city of Mumbai still survives because of the suburban railway built during the British rule. <br /><br />All the other chief ministers pretended that they had the first responsibility towards their rural constituencies. So, Mumbai was used as a money-making machine, by selling real estate at prices higher than Shanghai, London or New York. With liberalisation, Mumbai should have been the focus of the new development paradigm. Instead, Mumbai has nearly 70 percent of the population (of 2 crore) living in slums or in dilapidated chawls/old buildings. No road expansion, no civic facility enlargement, no public transport, no improvisation of railway network and no positive approach towards housing.shaileshhttps://www.blogger.com/profile/14407031960831830463noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-36914849325838535162010-11-22T02:38:56.892-08:002010-11-22T02:38:56.892-08:00Anon above if you are serious in knowing this then...Anon above if you are serious in knowing this then go to http://fofoa.blogspot.com<br /><br />If you are just confrontational, then sorry I am not interested.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-42355165899746506602010-11-22T02:25:00.753-08:002010-11-22T02:25:00.753-08:00Breaking news...seriously.
After the Adarsh scam...Breaking news...seriously. <br /><br />After the Adarsh scam, now CBI has discovered scams at Malad, Juhu and Kandivali. Most of them just overlooking or on defence land. Worst part is all of these buildings are ready and many are occupied by residents. at Kandivli the current sales going on at Kalpataru Tower will be in a soup. The building over looks defense land. I wonder what will be the outcome of the users of such premises.....a friend of mine just bought a flat there and is now worried.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-25900833483286232672010-11-21T12:35:14.385-08:002010-11-21T12:35:14.385-08:00"
Most people just take for granted the cent..."<br /><br />Most people just take for granted the central bank money printing and market interventions, I mean how many people today even know that up until the 70's money was gold<br /><br />"<br /><br />Now that you have enlightened us, tell us how do we get to go back to gold standard? <br /><br />Since we are the sheep, we would follow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-42897438108596620622010-11-21T01:35:36.427-08:002010-11-21T01:35:36.427-08:00Giving up already, Bharat? What happened to all th...<i><br />Giving up already, Bharat? What happened to all that noble sentiment that I once defended?<br /><br />So you were just bullshitting, right?<br /></i><br /><br />DHlman: Thanks for your support in the past. I was not being facetious, my intentions about doing something for my country were honest.<br /><br />But, I now know better. Let us say we all have to make our mistakes in life before we learn something. Trying to do <i> Desh Sewa </i> was my mistake.<br /><br />One more thing, if this crazy sadhu called Ramdev is able to engineer a social revolution and hang all these corrupt babus and netas, I will be back. Or, when pigs fly. Take your bets...<br /><br />BharatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-41598131565584077212010-11-21T01:29:45.290-08:002010-11-21T01:29:45.290-08:00Hey Dhiman, unfortunately for our comments, most p...Hey Dhiman, unfortunately for our comments, most people do not understand the paper money system, it's ill's and vices how it works and how it steals our freedom and impoverishes the one's on whom the system is forced. <br /><br />Most people around are so mis-informed that they are only grappling with the symptom(corruption/war/government intervention etc etc) and trying to treat them while completely forgoing the cause.<br /><br />Most people don't even give a second thought to the illegal process of money creation that central banks indulge in, and how powerful it has made the governments and how insignificant it has made the people.<br /><br />A government that can print money at will, does not need people but rather people need such a government, how can such a system ever be answerable to the people ?<br /><br />By the act of allowing colorful shards of paper to circulate as money we have ourselves build massive corruption in the system, but unfortunately no one will understand this neither will there be any debate on this in the media or the Indian internet sphere.<br /><br />Most people just take for granted the central bank money printing and market interventions, I mean how many people today even know that up until the 70's money was gold ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-30541815210714059482010-11-21T00:51:41.898-08:002010-11-21T00:51:41.898-08:00Making housing affordable for all
The message, in...<a href="http://www.livemint.com/2010/11/19212118/Making-housing-affordable-for.html" rel="nofollow">Making housing affordable for all</a><br /><br />The message, in a nutshell is: “Existing urban land management policies that seek to control the urban land market tightly are no longer suited to an India which is growing at rates exceeding 8% for sustained periods and in which 70% of new employment is generated in its cities. These policies have made formal housing expensive and unattainable to a large share of the population, reinforced both chronic urban infrastructure shortages citywide and squalid, precarious living conditions in urban slums.”shaileshhttps://www.blogger.com/profile/14407031960831830463noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-36378396524576963652010-11-21T00:48:27.469-08:002010-11-21T00:48:27.469-08:00Worldbank paper,
Making housing affordable for al...Worldbank paper,<br /><br /><a href="http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/11/15/000158349_20101115095218/Rendered/PDF/WPS5475.pdf" rel="nofollow">Making housing affordable for all</a>shaileshhttps://www.blogger.com/profile/14407031960831830463noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-89583197952192318162010-11-21T00:26:28.684-08:002010-11-21T00:26:28.684-08:00Giving up already, Bharat? What happened to all th...Giving up already, Bharat? What happened to all that noble sentiment that I once defended?<br /><br />So you were just bullshitting, right?DhImAnnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-13517382832937900302010-11-20T22:39:57.027-08:002010-11-20T22:39:57.027-08:00I must say that seeing all these news stories have...I must say that seeing all these news stories have made me very uncomfortable over the last few weeks. Earlier this year, I joined an IIT after many years in the US. I wanted to do something for my country. In the last few months, I have seen a union minister, a high court judge and an army general, directly involved in corruption. Now, I hear that Barkha Dutt, one of India's respected journalists, was involved in powerbroking and no news channel has the guts to talk about it. Looks like everything is corrupt in India.<br /><br />This morning, I made a call to my ex-boss in the US. Looks like they have not been able to fill my position after I left, and would be glad to have me back. $150k a year definitely beats $15k a year and this is more true if you see everything you respect crumble under the weight of money. I had never seen corruption so entrenched in the system before and I am glad that I won't be working for thugs any more. Ironically, as an IIT professor, my top boss is Sibal, who is nothing but a scumbag lawyer.<br /><br />This country is so doomed. It had a chance because of the hard work of ordinary Indians, but the politicians killed the goose that laid the golden eggs. Good luck everyone. I sincerely feel that you are a bunch of honest individuals who care about the country, but I have concluded that most people are really like sheep.<br /><br />The bubble in the US burst last year, so, I guess I won't be waiting for one any more. I am ready for my 2000 square feet of pleasure now.<br /><br />BharatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-42606540730619442622010-11-20T13:21:30.015-08:002010-11-20T13:21:30.015-08:00Guys, there is no hope for this country. The only ...<i>Guys, there is no hope for this country. The only hope one can aspire, is get get out of this hellhole called India and settle abroad. </i><br /><br />You wouldn't be saying that if you paid 50% in taxes and had your daughter groped by the thugs at airport checkpoints or her ovaries zapped with ionizing radiation that would leave her unable to have children.<br /><br />Just because western society appears clean from the outside doesn't mean that it isn't corrupt and dirty to the core.<br /><br />The truth is, the entire world is made of fecal matter; in the west, perfume is sprayed on it to keep it from stinking, and in India you wake up to the smell of fresh shit every morning.<br /><br />People everywhere, in the meanwhile, have become desensitized to all issues concerning anyone but themselves and to all issues that might affect them in anything but the immediate term.<br /><br />A common term for this is "sheep".<br /><br />Like sheep we are trained to believe that life in the west is better; and of course we see what we believe.<br /><br />We are indoctrinated to believe that real estate is not in a bubble, never was and never will be, and that prices will rise in real terms forever.<br /><br />So ask yourself this: Are you believing what you see or are you seeing what you believe?DhImAnnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-51363418477561020672010-11-20T13:00:17.080-08:002010-11-20T13:00:17.080-08:00Before you go off getting your collective panties ...Before you go off getting your collective panties in a knot, I suggest you read the <a href="http://neithercorp.us/npress/?p=926" rel="nofollow">latest from Giordano Bruno</a>.<br /><br />He makes a simple point and one that you should spend some time thinking about - and that point as applied to at least the 2G scandal is this: before you can go stealing Rs. 170 lakh crores (about $4 Trillion) or whatever amount, you have to ask - where the heck did all that money come from?<br /><br />It isn't like the government sent IT Dept. agents to everyone's house to loot.<br /><br />The RBI, legally and with full authority, created that money out of thin air. Now if that doesn't boil your blood, then I assure you, you are blowing hot air over the symptom of the disease rather than the cause, and that hot air isn't going to solve anything.<br /><br />Once again, corruption is a symptom, not a cause. The underlying disease is fiat money and the ability to create it.DhImAnnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-80898320600059097042010-11-20T09:30:00.949-08:002010-11-20T09:30:00.949-08:00Listen to the NIIRA RADIA tapes @ http://www.newsp...Listen to the NIIRA RADIA tapes @ http://www.newspostindia.com/2010-11-20-television-news-channels-cover-up-niira-radia-tapes-disclosure<br /><br />Conversation betweeen Barkha Dutt and Niira Radia - http://www.youtube.com/watch?v=dqnAYhNafOgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-54205119708513460152010-11-20T08:13:48.798-08:002010-11-20T08:13:48.798-08:00@coolhead
mainstream media has totally blocked ou...@coolhead<br /><br />mainstream media has totally blocked out the Barkha Dutt story. Thank God for the internet. Ask your friends to stay informed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-61291028092865182282010-11-20T06:07:01.792-08:002010-11-20T06:07:01.792-08:00Will the 2G spectrum scam be needle that will punc...Will the 2G spectrum scam be needle that will puncture the bubble? Most beneficiaries are linked to RE companies like Unitech. Also see (hear) the Nira Radia tapes (google it)-this is how the MainStreamMedia fools the masses while doing dalalgiri.I wouldn't be surprised if the MSM is also supporting this RE bubble-question is how long will you fool all the people all the time?Cool Headnoreply@blogger.com