Originally Posted by realacres

Good point. Does anyone know whether Samrajya allots 2 covered park if requested & what is the size of the parking area (dimensions)? Btw, does one get the parking slot under his building or elsewhere too?

Originally Posted by veeemkay

Please take this as a sincere request. Pls mention or PM me the company names who got 2-3 times the salary increase. I do not mind becoming a Prof as well so kindly send me the names of colleges who pay as much to a prof. I am not trying to be sarcastic but would love to apply to such places after all I need to make some money to pay to the builders.

Here are the revised pay scales of college proffers after 6th Pay commision:

A. POSTS SPECIFIC TO UNIVERSITIES
CATEGORY EXISTING PAY SCALE NEW PAY BAND GRADE PAY

Professor 16400-450-20900-500-22400 37400 - 67000 11000

Senior Professor 37400 - 67000 12000
New Post Proposed

source: ="http://www.ugc.ac.in/more/pressnote.pdf"]www.ugc.ac.in/more/pressnote.pdf[/url] (and these scales effective from oct.2008)

So, if you take Basic pay as 67000 +30% HRA+ 12000 (Grade Pay)+ Plus other allowances (which usually govt servant gets).....

Thats makes it more than 1 lacs a month.....So, now do you wanna become professor

Someone has really made you dance to the 50% tune. I think you did not believe in this theory right from the start. In that case you should have bought your apartment at the point when rates had corrected by 15-20%. Personally I always take decision based on what I feel and not what other feel.

I dont Dance anybody's Tune, as you ppls helping ppls here by advocating 50% correction theory, I am also helping ppls here to think positive & think PRACTICAL....

As, many of us here seen that whenever price gone down by 10-20% in recent past, ppls started buying (sp, buying return at every 10-20% drop in RE prices across india & you can not help it,ppls who are sitting with cash or plans to buy their dream home, buy at those levels)...So, I think to wait for 50% correction is not Practical, what I feel...And I am not forcing anybody to feel the same what I feel...But some practical ppls here must feel the same what I feel

And for god sake dont think that I am supporting builders here or RE prices here(I also feel that All builders are bloodsucking Animal)....But its Market dynamics which dont allow RE prices to fall below at the max 30% for good or genuine properties ( Now dont say that a property in some remote place in pune has got corrected by 50% , I mean a Average 50% correction across the at least more then 50% locations in Pune is not very much feasible in say 2-3 years....

VK

Originally Posted by ash7979

What I see from present economic situation in india as well in world over, that in next 6 months to 1 year RE will see its bottom & I think we can expect prices which were dream a year ago..Maybe we will see rates below 2004-05 like 1500-1800 in most of the key areas like PS,Wakd,Baner-Balewadi (in West Pune)...same would be in other part of Pune as well...

I also see stock market also gonna hit level 8-10K in nest 2-3 quarters, once results will come for Q3-Q4 of most of the big companies....This all leads to more worse situation to RE as well Banks as their NPA will increase & they will start less lending (for home loan as well as for RE companies)....So ALL in ALL this leads to RE hitting its bottom in next 6-9 months....

So, KEY is here to sit on CASH, wait for at least 6 months & I am sure we gonna get our rate both in RE as well in stock market...So now I decided I will wait for at least a 6-9 months for my Dream Home I think I will get my rates or if that wont happen than also I dont think that I will see a price rise from current rate in a year....So, waiting for another 6 months would be WIN-WIN situation for me....

Originally Posted by ash7979

Here are the revised pay scales of college proffers after 6th Pay commision:

A. POSTS SPECIFIC TO UNIVERSITIES
CATEGORY EXISTING PAY SCALE NEW PAY BAND GRADE PAY

Professor 16400-450-20900-500-22400 37400 - 67000 11000

Senior Professor 37400 - 67000 12000
Thats makes it more than 1 lacs a month.....So, now do you wanna become professor

Originally Posted by ash7979

Originally Posted by ash7979

Originally Posted by ash7979

Originally Posted by sam2008

hi ash7979,
i feel tht it is always better to pay some premium for a good project with better specs, better infra, better connectivity instead for looking for a scheme in some remote area where the rate may look attractive. by saving some few lacs you may put urself in utmost agony and would never get a chance to correct your mistake.
if u r looking for a home in kothrud, u need to make a survey by visiting all possible sites, see to urself the stage and status of the project and then and only then come to a conclusion.

sam...

Originally Posted by realacres

Agree with you sam. I always say good infra, good infra, good infra.....even if it means paying more or reducing the area of the flat.
However, there has to be some limit for this premium too. Just becuase it is Kothrud, you can't charge rates higher than Thane. Hope you got what I am trying to say.

Originally Posted by sam2008

you are right, but the fact is Kothrud has lesser number of flats to sale as compared to Thane. No doubt the infrastructure in Thane is far more better than Kothrud, but when there is less inventory the buyer are left with no option to pay higher cost if they intent have a home in Kothrud.
recently i had seen a deal for a 3 yr old flat happening in Kothrud at a rate of 4500 psft.

sam...

Originally Posted by informsantosh

Sam,
Wow it’s good to know that in Kothrud or anywhere else price rise is caused by just simple demand supply logic.
Let me know who maintains that data how can you back this statement by numbers? All these things are driven by fear mongering by agents and greedy builders. Also this is coupled with investors who drive prices up to make profits. I will say demand supply is just one small factor. Slowly people are understanding that its illogical to buy flats hoping that u will get 3-5 fold profits in 10 years. Let us hope that awareness grows much faster in near future. In India for us house is dear thing.
We should not convert housing market as commodity Market like in US where ultimately house of card collapsed in 2008 because of greed of people.

-Kothrud resident.