Quote:
Originally Posted by arin_12
Its fine that NRI's are getting treated like this. They are the one of the Biggest Culprit for the Highly Over priced Indian Real Estate market. These NRI's want fast and quick money and have increased the value of the Market. At last they are getting kicked out from US?UK ... and coming back again to India.
Na Ghar Ka Na Ghat ka !!!  |
Arin,
Its sad that you have these views. How many NRI did you meet, before drawing this conclusion? What stats do you have that NRI are responsible for this price hike? I am NRI and waiting to buy property since 2007.
There are all kinds of people in the world. Its not just NRI, there are many stupid, impatient people in India too, who felt that RE always goes up and invested like stock market, buy now and sell after year, to get 100% returns. I personally know 3 people in India who have invested like this.
So dont just blame NRI. It sounds more like you are frustrated that you are not NRI.