Guidance needed in shortlisting Khargar projects and dealing with black money - Page 3 - Indian Real Estate Forum

sweetunaiya · 05-10-10

Hi,
This is not a right time for the RE investment.

My suggestion is to invest in balanced MF. You will probably get min 10% return per annum which in your case 5 lacs, if your budget is 50 lacs.

Buy only when you come back India, near to your job location.

RE prices will go down once stock market comes down or see correction. Everything is inflated rite now and wise man don't invest in bubble.

Sharpj · 05-10-10

That is change from you.. I thought you were bullish on Mumbai RE..

Quote:

Originally Posted by sweetunaiya

Hi,
This is not a right time for the RE investment.

My suggestion is to invest in balanced MF. You will probably get min 10% return per annum which in your case 5 lacs, if your budget is 50 lacs.

Buy only when you come back India, near to your job location.

RE prices will go down once stock market comes down or see correction. Everything is inflated rite now and wise man don't invest in bubble.

sweetunaiya · 05-10-10

When did you find me bullish on Mumbai RE?

I always mentioned not to invest for at least past 6 months. If people are buying for their own use, thn it's okay to buy at current rate.

If someone is looking for investment than it's strictly NO NO NO. Mumbai is no more investment friendly. I somehow don't understand that why people buy at pick and later cry.

Cash is "hukkam ka ekka" at this point in stock/RE market. Hold your cash and wait for right time and opportunity.

If any NRI in this forum looking for investment, pls look for Tier-2 cities chandigarh, Ahmedabad, Pune, etc.

Quote:

Originally Posted by Sharpj

That is change from you.. I thought you were bullish on Mumbai RE..

rameshyahoo · 06-10-10

Dont say Pune is good investment, People on the Pune forum will will skin you alive

. They think Pune is overpriced and want investors to move to Satara

)

amit_2009 · 07-10-10

Quote:

Originally Posted by rameshyahoo

Dont say Pune is good investment, People on the Pune forum will will skin you alive

. They think Pune is overpriced and want investors to move to Satara

)

lol.. rightly said ramesh!.. the way Pune forum is going.. people are just waiting to form a lynching mob for "investors in Pune"

sweetunaiya · 08-10-10

PUNE will give you maximum return 5 yrs down the line in RE if you invest right now. It will be more than Mumbai, NCR, and B'lore.

Take my words..!!

Sharpj · 08-10-10

Ha Ha..

There are plenty in the Pune forum who do not think so. Problem with Mumbai is lack of supply and the city cannot grow as it is a peninsula.. but the same cannot be said about Pune.. It has land and the outskirts will expand.. so what you think today as outskirts will come into the city limits..
I do not think you can make anything by the way of rentals.. Just hope for capital appreciation .. It is a bet

Quote:

Originally Posted by sweetunaiya

PUNE will give you maximum return 5 yrs down the line in RE if you invest right now. It will be more than Mumbai, NCR, and B'lore.

Take my words..!!

mayekar · 23-09-11

Sweetunaiyaji

Please share your opinion on RE in mumbai , surrounding areas and attractive investment option in India.

It has been some time since we have heard from you.

Personally, before taking any decision, i would like your opinion on same

Please respond.

pune_friend · 23-09-11

Quote:

Originally Posted by sweetunaiya

PUNE will give you maximum return 5 yrs down the line in RE if you invest right now. It will be more than Mumbai, NCR, and B'lore.

Take my words..!!

Don't know about returns 5 yrs down the line.
will be good enough if we get possession of the flat and scheme that we book into - 1 piece, all completed, at least bfore reaching retirement age

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05-10-10	#21
sweetunaiya Member Join Date: Sep 2009 Posts: 70 Thanks: 0 Thanked 0 Times in 0 Posts	Hi, This is not a right time for the RE investment. My suggestion is to invest in balanced MF. You will probably get min 10% return per annum which in your case 5 lacs, if your budget is 50 lacs. Buy only when you come back India, near to your job location. RE prices will go down once stock market comes down or see correction. Everything is inflated rite now and wise man don't invest in bubble.

06-10-10	#24
rameshyahoo Member Join Date: Jun 2010 Posts: 244 Thanks: 1 Thanked 3 Times in 3 Posts	Dont say Pune is good investment, People on the Pune forum will will skin you alive . They think Pune is overpriced and want investors to move to Satara )

08-10-10	#26
sweetunaiya Member Join Date: Sep 2009 Posts: 70 Thanks: 0 Thanked 0 Times in 0 Posts	PUNE will give you maximum return 5 yrs down the line in RE if you invest right now. It will be more than Mumbai, NCR, and B'lore. Take my words..!!

23-09-11	#28
mayekar New Member Join Date: May 2010 Posts: 15 Thanks: 0 Thanked 0 Times in 0 Posts	Sweetunaiyaji Please share your opinion on RE in mumbai , surrounding areas and attractive investment option in India. It has been some time since we have heard from you. Personally, before taking any decision, i would like your opinion on same Please respond.