tag:blogger.com,1999:blog-19740856.post7448485398904720216..comments2024-03-28T00:59:01.483-07:00Comments on India's housing bubble: Mumbai placed at 199 in list of 200 cities by per capita incomeUnknownnoreply@blogger.comBlogger53125tag:blogger.com,1999:blog-19740856.post-19112674400907475782020-09-04T03:21:47.505-07:002020-09-04T03:21:47.505-07:00This comment has been removed by the author.JJ_Infrahttps://www.blogger.com/profile/11610722791654705768noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-91377115142788119872013-03-07T03:55:34.640-08:002013-03-07T03:55:34.640-08:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/12817050308503188859noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-60906061412862336082012-05-01T03:50:37.196-07:002012-05-01T03:50:37.196-07:00Excellent Blog..Luxury Apartments in NoidaExcellent Blog..<a href="http://www.realtyedgeindia.com/" rel="nofollow">Luxury Apartments in Noida</a>Real Estate NCRhttp://www.realtyedgeindia.com/noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-63068430489817071622012-04-26T01:27:26.799-07:002012-04-26T01:27:26.799-07:00Its really something diffrent information which i ...Its really something diffrent information which i get from your blog post thanks buddy and keep posting like this unique post.<br />http://www.srsresidency.com/<br />Thankskamal Bhatthttps://www.blogger.com/profile/07080806540490923573noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-74159388406319671362012-03-02T00:13:09.098-08:002012-03-02T00:13:09.098-08:00Its a great time to buy in US. I am buying a 2bed ...Its a great time to buy in US. I am buying a 2bed 2bath condo in San Jose for $250k... thats equal to 1.25 crores. I can rent it out for $2200/month easily. Thats about 1.1 lac a month. Which property in mumbai will yeild that kind of rent. Meanwhile I had purchased 2 flats in Andheri for 20 lacs each. I just got rid of one of them for 1.75 crores!! I am using that money to invest in real estate in US.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-6719121465504254112012-03-01T02:11:23.329-08:002012-03-01T02:11:23.329-08:00jainhousing offers cost effective flats for all th...jainhousing offers cost effective flats for all the class peoplesjain housinghttp://www.jainhousing.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-26367455583016540642012-03-01T01:38:54.966-08:002012-03-01T01:38:54.966-08:00jainhousing offers cost effective flats for all th...jainhousing offers cost effective flats for all the class peoplesjain housinghttp://www.jainhousing.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-36678594519634433112012-02-27T02:57:24.722-08:002012-02-27T02:57:24.722-08:00Awesome blog, very informative too.Awesome blog, very informative too.Ankanhttps://www.blogger.com/profile/12049274861386066556noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-26422425079373144012012-02-27T02:53:37.550-08:002012-02-27T02:53:37.550-08:00This is a very good information which I was huntin...This is a very good information which I was hunting for since a very long time. Keep it up.Ankanhttps://www.blogger.com/profile/12049274861386066556noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-75541918110436037372012-02-17T11:16:43.653-08:002012-02-17T11:16:43.653-08:00One explanation for the high prices is that there ...One explanation for the high prices is that there is a supply constraint and there indeed is one. It's difficult to understand from an American perspective. You have to be here to see how much the demand is and how there are thousands of barriers to delivering for those needs.<br /><br />But it's only one explanation. Another was the credit boom, which is gone now.<br /><br />I also think that Indians are becoming more consumption oriented. People are pledging their gold to buy trinkets. It's sad but what can I say. I try my best to make people think. But they are too taken in by their own outsize dreams.<br /><br />This won't end well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-39409511291026885522012-02-16T10:10:49.810-08:002012-02-16T10:10:49.810-08:00http://timesofindia.indiatimes.com/city/coimbatore...<i>http://timesofindia.indiatimes.com/city/coimbatore/Woman-commits-suicide-after-killing-daughters/articleshow/11906460.cms</i><br /><br />Family cant afford to buy the house worth 9 lakhs! <br />Wife goes mad and commits suicide!<br /><br />Peer pressure is too much in India!RealityFoolhttp://reservationfraud.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-45114286719405805592012-02-16T02:06:10.707-08:002012-02-16T02:06:10.707-08:00http://en.wikipedia.org/wiki/File:Stages_of_a_bubb...http://en.wikipedia.org/wiki/File:Stages_of_a_bubble.png<br /><br />shows the bubble lifecycle.<br />can anyone tell where we are currently ??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-88275663168358471332012-02-15T22:09:52.126-08:002012-02-15T22:09:52.126-08:00be careful, be very careful.
http://economictimes...be careful, be very careful.<br /><br />http://economictimes.indiatimes.com/markets/real-estate/realty-trends/63-ncr-home-projects-running-late-by-4-years/articleshow/11906891.cms<br /><br />the last 1 year has seen unforseen inflation in IndiaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-37115450519903331782012-02-15T21:44:17.837-08:002012-02-15T21:44:17.837-08:00@Anon 5:03PM
ye sab kaunse saal ka bakwas cut and...@Anon 5:03PM<br /><br />ye sab kaunse saal ka bakwas cut and paste kiya hai re tune?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-33463137690391892252012-02-15T20:34:23.687-08:002012-02-15T20:34:23.687-08:00Even if it is not Junk, it cannot be priced more t...Even if it is not Junk, it cannot be priced more than EU/US where per capita income is 15-20 times more than India.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-27102166568466448372012-02-15T19:45:50.337-08:002012-02-15T19:45:50.337-08:00even if the builder is not able to cancel the book...even if the builder is not able to cancel the bookings for these lower floors, they might try to pull back on the quality of construction to save costs. its a double edged sword. without any regulation in the RE sector, things would continue to be like this. <br />Does it make any sense to have Indian junk RE much much more expensive than US RE?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-91391908964626712252012-02-15T19:40:41.484-08:002012-02-15T19:40:41.484-08:00Looks like there would be no interest rate cuts by...Looks like there would be no interest rate cuts by RBI in April the way Stocks are performing. <br /><br />Once again the Sensex gains are too good to be true. RIde it while you can.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-45822630357775814742012-02-15T17:03:40.090-08:002012-02-15T17:03:40.090-08:00Copied frin indian express:
If you are buying a f...Copied frin indian express:<br /><br />If you are buying a flat in Poona, watch out<br />SUNIL SALUNKHE writes from Poona: Just wanted you and your friends to know about the experience of 60+ of us (mostly IT people) with Goel Ganga builders. They are, so to say, prestigious builders but they have cheated all of us.<br /><br />Here is the story in short.<br /><br />Most of us booked flats in their Akashganga project at Wakad around 6-8 months back at a rate of Rs 1,250-Rs 1,400 per square foot. They started the building work a little behind schedule, but work is on. However…<br /><br />However, as the prices in the Wakad area have gone up in the last six months (it is now hovering around Rs 2,000 per sq ft) they have become greedy and are asking all of us to cancel booking citing various reasons.<br /><br />Those who have completed the registration formalities also are being asked to cancel.<br /><br />Either they are saying that the project plan is not sanctioned (it is not sanctioned for the 5th, 6th and 7th floors, but it certainly is till the 4th floor) or they are threatening that it may not get sanctioned.<br /><br />A different ploy is being used on those who have bought in the first, second, third and fourth floors. They are being told to make full payment in the next two weeks or to cancel their booking. And this, despite the building work still being stuck in the basement parking area.<br /><br />Obviously, no bank is willing to disburse the full loan amount so this is clearly the builder’s ruse to kick people out.<br /><br />At this time if any of the 60 people want to get out of the project and book somewhere else, they will lose the price advantage. Some of them may not be even be able to afford the bank loan because of the price differential and hence won’t get house of their choice.<br /><br />We are trying our best to ensure that they do not succeed in gypping us. But I thought all others who are in the buy mode across the country should be warned of such unscrupulous practices of builders and developers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-80306060202174110342012-02-14T19:37:36.776-08:002012-02-14T19:37:36.776-08:00@Anon - "It is more like 35-40 percent."...@Anon - "It is more like 35-40 percent."<br />This might be true. When prices are rising, the gains are exaggerated. When they are falling, the losses are understated. The print media gets a lot of ad revenue from the RE market.<br /><br />I think it is simply a question of time before the correction starts in other cities. Tier 2 cities like Bhopal, Patna which do not yet have large industries,service sectors will see the biggest falls. The prices here had gone up merely on sentiment without any support from economic fundamentals. <br /><br />@Anon - "Unitech hit by fall in demand for houses"<br />Their stock price has already fallen about 95% from its peak value a few years back. The market has seen this coming.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-13478980533440990042012-02-14T13:03:35.576-08:002012-02-14T13:03:35.576-08:00Unitech hit by fall in demand for houses<a href="http://in.reuters.com/article/2012/02/14/unitech-results-idINDEE81D0BO20120214" rel="nofollow">Unitech hit by fall in demand for houses</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-87241017747587967022012-02-14T04:54:19.006-08:002012-02-14T04:54:19.006-08:0015-20 percent is what they say. It is more like 35...15-20 percent is what they say. It is more like 35-40 percent. Nothing is selling Punjab now at old prices. RE that became 15 times in the past 6-7 years is coming to normal by price correction. Once is drops like 60-70 percent, that could be the right price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-28184401896263641762012-02-13T20:00:48.607-08:002012-02-13T20:00:48.607-08:00This article mentions that prices in Punjab have f...This article mentions that prices in Punjab have fallen 15-20% in just 6-7 months.<br /><br />http://economictimes.indiatimes.com/markets/real-estate/news-/punjabs-realty-sector-likely-to-miss-revenue-target-for-fy12/articleshow/11874904.cmsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-40309636199996822562012-02-13T17:15:50.060-08:002012-02-13T17:15:50.060-08:00@shayna, Ratan Tata and other cheerleaders for the...@shayna, Ratan Tata and other cheerleaders for the US<br /><br />http://www.usdebtclock.org/<br /><br />Enjoy the countdown to extinction!<br /><br />Greece is the trailer, the main attraction is going to be when the interest rates reset on US debt.<br /><br />Even Somalia would be a "great" country if they borrowed 49000 dollars for every man, woman and child in the country.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-33290993371585078022012-02-12T23:42:01.702-08:002012-02-12T23:42:01.702-08:0024 year old MBAs expecting a 24L salary in finance...24 year old MBAs expecting a 24L salary in finance should read this long but worthwhile article. <br />The End of Wall Street As They Knew It - http://nymag.com/print/?/news/features/wall-street-2012-2/<br /><br />Easy money in finance has ended. Mean reversion !! <br /><br />This btw is not restricted to wall street. I-Banks in London, HK, AU and India are all shrinking staff numbers. <br /><br />Easy money will end elsewhere too. The days of buying a leveraged house/land and sitting back and enjoying double digit gains are over.polthttps://www.blogger.com/profile/00164978361585592319noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-56064793566187330182012-02-12T23:34:31.046-08:002012-02-12T23:34:31.046-08:00Prices down by 40% in some rich AU suburbs.
http:...Prices down by 40% in some rich AU suburbs. <br />http://www.heraldsun.com.au/news/more-news/richer-suburbs-feeling-the-pinch/story-fn7x8me2-1226268198456<br /><br />The telling comment was this "The upper end of the market, due to volume (of sales) and the type of homes in question, rises and falls faster". <br /><br />It will be the same here.Anonymousnoreply@blogger.com