tag:blogger.com,1999:blog-19301908.comments2014-06-26T17:47:05.089+05:30Eclectic InvestorEclectic Investorhttp://www.blogger.com/profile/16398703010402269262noreply@blogger.comBlogger68125tag:blogger.com,1999:blog-19301908.post-91856058528585309382013-10-07T16:54:36.141+05:302013-10-07T16:54:36.141+05:30The real estate in Thane is the fastest growing i...The <a href="http://www.mypropertystores.com/AboutUs.aspx/" rel="nofollow"> real estate in Thane</a> is the fastest growing in the whole country. This growth partly can be attributed to its proximity to Mumbai. Those who are not able to buy a home within Mumbai can certainly buy a wonderful home in Thane and commute in between the cities. The main reason why this city is on the top in the housing sector is the presence of good real estate developers. This is actually one of the main reasons why any city sees development. The best developers develop really good projects that bring in buyers. There is healthy competition amongst them which ensures even more development. This benefits the buyers a lot as they get more amenities and features at amazing prices.Anonymoushttps://www.blogger.com/profile/10493993422107720626noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-89914799102862332592013-09-20T17:59:51.543+05:302013-09-20T17:59:51.543+05:30Because of new upcoming Metro train projects,Flyov...Because of new upcoming Metro train projects,Flyovers in both Thane and Navi Mumbai, the property rates of this area are increasing very fast.and its best place for investors who are searching new <a href="http://www.mypropertystores.com/postrequirements.aspx/" rel="nofollow"> properties</a> for investment.Anonymoushttps://www.blogger.com/profile/10493993422107720626noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-40701162031401427662013-02-18T12:28:50.271+05:302013-02-18T12:28:50.271+05:30Its likely that people say that property rates in ...Its likely that people say that <a href="http://sprealestate.in/CommercialOfficesSpaces/Bandra_Mumbai" rel="nofollow">property rates in Bandra</a> have fallen down but as a resident of Bandra I do not see any decline of property rates in Bandra. Am not aware of the area where celebrities own their houses. Anonymoushttps://www.blogger.com/profile/07090764568143700620noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-42324102716150337222012-12-11T17:54:39.051+05:302012-12-11T17:54:39.051+05:30Thank for sharing your valuable thoughts. Akshaya ...Thank for sharing your valuable thoughts. <a href="http://www.investinnest.com/c-akshaya-today-omr-chennai.htm" rel="nofollow">Akshaya Today</a> in Chennai<br />Adminhttps://www.blogger.com/profile/11014931848441256797noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-13966738761087862202011-02-07T22:15:01.849+05:302011-02-07T22:15:01.849+05:30Over and above the costs there are also restrictio...Over and above the costs there are also restrictions on the MF's on the kind of mobility of funds they can do.<br /><br />If MFs were able to move money like FII all the FII's would be saving their underwear is my opinion.<br /><br />http://learnthetrick.blogspot.com/2008/10/sure-way-to-loss-mutual-fund.htmlyagneshhttps://www.blogger.com/profile/01256546954332475139noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-82243342895001178762009-12-02T11:42:52.447+05:302009-12-02T11:42:52.447+05:30all valid points...
however, in my opinion it doe...all valid points... <br />however, in my opinion it does make sense to be invested in MFs especially if you do not have the time or the inclination to do solid research of investing in stocks. <br />for eg... quite a few of ,my MFs are easily giving 37-40% returns in 2-3 years.<br />Insightful post!Rashmihttps://www.blogger.com/profile/01759040947469137068noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-72956600977651626492009-02-25T12:21:00.000+05:302009-02-25T12:21:00.000+05:30hey... what ever happend in styam was really sad.....hey... what ever happend in styam was really sad...eventually one of my fren lost his job and another one is waiting for the appointment letter.....<BR/>sumanMakannPangahttps://www.blogger.com/profile/09153576174427757955noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-31181924855400489592009-01-09T21:01:00.000+05:302009-01-09T21:01:00.000+05:30True that Mr.Raju has come up with such a story. ...True that Mr.Raju has come up with such a story. But is it possible to have done this without others having no inkling of it? Where were the hi fi auditors PwH and the high class bankers when these happenings were going on for nearly seven years, as Raju has said? We should make all these people answerable to the general public. But they all know for sure that public memory is shortlived and within no time Raju will surface as some other conman. In fact, it is not only Raju and his family that screwed us, the whole so-called system of corporate governance has screwed usPadmahttps://www.blogger.com/profile/17876519312828697388noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-5938808048371777912009-01-09T20:55:00.000+05:302009-01-09T20:55:00.000+05:30True that Mr.Raju came out with such a story. But...True that Mr.Raju came out with such a story. But is it possible to do so without outside help?<BR/>Where were the so called hi funda auditors PwH and the banks when these happenings were going on?<BR/>you should say that not only Raju and his family but the whole corporate system screwed the layman. And who is always at the receiving end - the layman. And you should know, public memory is shortlived. Other Rajus may appear in some other guise and then also we will be taken for a ride.Padmahttps://www.blogger.com/profile/17876519312828697388noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-77149817211534238312008-12-16T19:07:00.000+05:302008-12-16T19:07:00.000+05:30Thanks for writing about it.This was main thing on...Thanks for writing about it.<BR/>This was main thing on my mind when I read about builders showing disinterest in the goverment initiative on SOPS and home loan rate reduction.<BR/>Kind of profit they are making is just mind boggeling and that is all at the cost of hard earned money of normal middle class. <BR/>they are taking this stance may be because builders have earned quite a lot till now and they can afford to stay put for some more time.<BR/>But these guys asking more from govt and not reducing home prices from their end is just height of greed if I can say it.<BR/>Home prices should come down by 50-60 % and I am sure profits they will make on that will not something to laugh at, it will be good enough for any business to survive in profitable manner.Sudarshanhttps://www.blogger.com/profile/03042193991204526573noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-67302187654964560102008-12-11T14:53:00.000+05:302008-12-11T14:53:00.000+05:30Very well said. For long term sustainance of real ...Very well said. For long term sustainance of real estate uptake for the bulk of middle and upper middle class income, the houses that these companies make should suitably be around 1200-1500 sq ft coating around 35-50 lakhs and even less. Most houses in my locality were picked up for these prices of even lower in the year 2000-2003. Unless builders keep these sizes and prices as a benchmark and not make the bulk of their projects in houses/apartments which are 2500-3000 sq ft(and essentially mostly for Show Value - OOH,, SUCH A BIG HOUSE) costing crore plus, they should have adequate volumes and constant cash flows due to end user and even investor purchases.Karthik Kumarhttps://www.blogger.com/profile/18360358101846536334noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-35928283421959543812008-12-10T10:07:00.000+05:302008-12-10T10:07:00.000+05:30I am really glad that someone has written a blog a...I am really glad that someone has written a blog about this. Builders have had their good times and made lots of money, now it time they pass on some of it to the customers. After all the money whatever the government is going to give in the name of bailout package is tax payers’ hard earned money. Giving bailout package will only mean giving more money to already cash rich builders. Since real estate is still an industry which does not have much regulation it will be really difficult to verify that the bailout package is used in the right direction. When the prices were going up builders used to say well it’s just simple economic there is more demand and less supply, so prices will obviously go up. Well the same holds true now also, its simple economic there is more supply and no demand so prices should come down. <BR/><BR/>Instead of getting the interest rates down the prices should come down. Initially the government will force banks to lower interest rates. But once the buyer has fallen into the trap (i.e. of taking loan and buying flat) they will increase the interest rate. In the end builder is the winner. <BR/><BR/>Unfortunately the builders lobby is very strong and it is very likely that the finance ministry will accept to their demand and offer bailout package. I hope this blog becomes so famous that the minister reads about it. If at all the government takes a move to help the builders we should throw them out of power because such a government will never be able to think in our interest. <BR/><BR/>Just as a clarification I am not against bailout package, but I am of the opinion it should only be given to industry which is very well regulated and transparent. And all of us know that real estate is not well regulated neither transparent. Till today also lot of the money involved in real estate is black money, which is what our finance minster is making efforts to reduce.Jyothishhttps://www.blogger.com/profile/11296082068629966919noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-55985563783416492112008-12-09T18:43:00.000+05:302008-12-09T18:43:00.000+05:30Building basic flat cost was around 600Rs per sqft...Building basic flat cost was around 600Rs per sqft in 2003-2004, which reached 800-900Rs per sqft in 2008, but the rates went from 900-1000 to 3500-4000! isn't that fantastic. 99% of builders must have bought lands atleast 5 years before, which means they are looking at 200-300% margins on there investments! hell and still crying... prices must comes down at least 40% to be reasonable...Kiran Patilhttps://www.blogger.com/profile/06629317534093200121noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-28792680166603376872008-12-09T08:35:00.000+05:302008-12-09T08:35:00.000+05:30Couldnt agree moreCouldnt agree moreArvihttps://www.blogger.com/profile/06732945353153744126noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-31617960169326701682008-11-30T17:21:00.000+05:302008-11-30T17:21:00.000+05:30agree with every word but is anybody listening? gr...agree with every word but is anybody listening? greed is much greater force.unmeshhttps://www.blogger.com/profile/00789559179935889139noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-63703517464166130502008-11-28T20:12:00.000+05:302008-11-28T20:12:00.000+05:30agree with each and every word of ur write-up. i ...agree with each and every word of ur write-up. i live in bangalore and can see and feel everything u had written about daily....naresh nambisanhttps://www.blogger.com/profile/11745854646446745186noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-19198305480137818812008-11-28T13:08:00.000+05:302008-11-28T13:08:00.000+05:30This is a truly heart felt blog. I lived in Hirana...This is a truly heart felt blog. I lived in Hiranandani Gardens, Powai in 2004 and am sad to see how the place has been raped and brutalized. The ugly noveau-rich buildings have replaced greenery; the birds and plants have been replaced with snarling traffic. I lived in Bangalore in 2000 and how that city has degenerated. The violence we have inflicted on our cities is not something we would wish upon our worst enemies. <BR/><BR/>Thanks again, for a very heartfelt blog.Anonymoushttps://www.blogger.com/profile/03702249722460925793noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-1357097059179396992008-11-18T04:47:00.000+05:302008-11-18T04:47:00.000+05:30We are used to stock market manias and busts -- do...We are used to stock market manias and busts -- do not forget that tulip bulbs in 1600's Netherlands were sold for equivalent of today's $30,000 -- but the Indian real estate bust, which has started in 2008, is going to hurt people more than the 1929 stock market<BR/>collapse hurt US investors. We are talking EMI defaults at the individual level and not at corporation levels.<BR/><BR/><BR/>I agree to it completely. Just watch the Sobhas and Purvankaras - they will prostrate in front of you and plead you to buy apartments!<BR/><BR/>Well , the higher you go , harder you fall .Crazy Business Ideashttps://www.blogger.com/profile/05980728124675564368noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-32854655849787911362008-11-18T04:42:00.000+05:302008-11-18T04:42:00.000+05:30Guys this is very true. lets just wait and watch. ...Guys this is very true. lets just wait and watch. India will be under a huge , huge recession - they cant even imagine. Plus the subprime default is gonna happen soon. So wait and watch...Crazy Business Ideashttps://www.blogger.com/profile/05980728124675564368noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-16580276258577999632008-10-30T10:12:00.000+05:302008-10-30T10:12:00.000+05:30Regardless of whatever Colton or Sanjeev have said...Regardless of whatever Colton or Sanjeev have said, one thing is for certain that the Indian property market has become very speculative with gains from stock markets causing real estate speculation just like what happened earlier in Japan.<BR/>Now that those gains have evaporated and lending has tightened one is witnessing the decline of the real estate market.<BR/>As far as demographics is concerned - property prices are not directly dependent on demographics. It is a pure demand-supply equation. <BR/>Another thing to remember in recent months commercial real estate prices had risen to such levels that tenants began doubting the financial viability of doing business in such expensive locations. <BR/>Real estate is mostly a facilitating asset not a directly productive asset. Apart from rising wage costs the rising cost of real estate is one of the major contributors to the increasing cost of doing business. When the good times end, real estate is bound to decline.<BR/>This is what we are seeing now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19301908.post-8862653000563154062008-10-29T18:34:00.000+05:302008-10-29T18:34:00.000+05:30Yeah... I agree. As of now it seems to be having a...Yeah... I agree. As of now it seems to be having a bubble but a very small one.<BR/>Prices in most of the places are still in the region of 3000 to 5000. This can't be considered as a HUGE bubble. <BR/>But I guess, this is Bob's style of writing !dhinchakhttps://www.blogger.com/profile/18409911515717049870noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-92151175622364855692008-10-29T18:23:00.000+05:302008-10-29T18:23:00.000+05:30SIR U HAVE IGNORED THE VERY BASIC FUNDAMENTAL POIN...SIR U HAVE IGNORED THE VERY BASIC FUNDAMENTAL POINT... THAT IS THE DEMOGRAPHY.....<BR/>WHILE JAPAN HAS BEEN SUFFERING FROM REDUCTION OF POPULATION, INDIA IN FACT HAS THE OPPOSITE CASE.....<BR/>DEMAND FOR NEW HOMES WILL E INTACT IN INDIA FOR AT LEAST NEXT 25 YEARS....<BR/>TRUE THAT THERE WILL BE SOME CORRECTION IN PRICES, BUT ITS NO WAY RATIONAL TO COMPARE IT WITH THAT OF JAPAN.Sanjeev Goyalhttps://www.blogger.com/profile/05838471453655417899noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-52843785149920798082008-08-26T14:03:00.000+05:302008-08-26T14:03:00.000+05:30Some times I think, the real reason why the Real E...Some times I think, the real reason why the Real Estate prices sky rocketed is the word 'Land Bank'. Every developer has a huge land bank and it is becoming a mark of status symbol.Atulhttps://www.blogger.com/profile/16529719101617166607noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-91706680521258600382008-08-07T23:11:00.000+05:302008-08-07T23:11:00.000+05:30Bandra is linked to Dharavi that has severe probl...Bandra is linked to Dharavi that has severe problems with public health, due to the scarcity of toilet facilities, compounded by the flooding during the monsoon season. As of November 2007 there was only one toilet per 1,710 residents in Dharavi. Mahim Creek, a local river, is widely used by local residents for urination and defecation, leading to the spread of contagious disease. The same water is pumped to the posh areas surrounding like Bandra/Kurla complex, Posh residential areas in Kalina, Bandra, Mahim and as far of as Andheri. The real estate in these areas is valued at Rs. 10,000 ($200) per square foot to Rs 30,000 ($600).This doesn't make sense to memallapottellhttps://www.blogger.com/profile/11211479099614457855noreply@blogger.comtag:blogger.com,1999:blog-19301908.post-2503289325059319582008-07-14T11:03:00.000+05:302008-07-14T11:03:00.000+05:30Interestingly, builders are still now willing to b...Interestingly, builders are still now willing to bring down their quotes.. I'm a resident of Pune and currently looking for a flat.. In areas of Hadapsar and yerawda, rates shot up from 400 Rs/sqft to 3000 Rs/sqft in 5 years from 2002 to 2007. After hitting a peak of around 3000 sometime last year (6 months before sensex hit its peak), even today builders still quote the same rates! Though buying and selling activity has dropped down significantly, there is no drop in the quotes made by builders.<BR/><BR/>Recently I visited the much advertised "nanded city" which is way of the the city. They quoted 3500 Rs/sqft and all flats of first phase were sold out within two weeks! Its really hard to see the big picture when it comes to real estate. I wish there was a sensex and a nifty of real estate :)<BR/><BR/>-Makarand.Makarand Kokanehttps://www.blogger.com/profile/00032187206132914486noreply@blogger.com