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Old December 17 2012, 10:01 AM   #991
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Generally, no top tier builders will come up with "no pre emi" option and their appreciation would be better than those which come up with "no pre emi" option. Considering that, do you still think you would be saving money?

I think it just give you relief of the initial capital requirement and installment payments and payment subsequently until possession. But if you have capital, then you would choose such projects which will give you higher appreciation which usually have none of such flexibility.

 
Old December 17 2012, 03:02 PM   #992
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Thanks mymarji for your valuable feedback.
 
Old December 26 2012, 07:57 PM   #993
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Quote:
Originally Posted by arkrangarao View Post
Hi Ravikanth,

You have always been positive and extremely informative. That helps lot of people like me to decide. I have recently shifted back to Bangalore and want to invest in Bangalore.

I have got a call from Artha Property for their upcoming venture brick Fields Gem Park. It is located on the way from Sarjapur to Chikka Tirupathi (as per him, it is 2.5 km from Sarjapr road) and he quoted that it is 5 kms from Dommasandra. need to verify the same.

But how does the location look now - if u have any idea? Any planned/future developments around the area? They seem to have some pre launch offer now, do u suggest me to go with that ( 1500 + sqft for 50 L - does this sound good for that location?) Or do u suggest any alternative?

Thanks in advance...
Hi Mr. ranga Rao,

Wanted to check did you book the villa in gem park as I am also seriously evaluating to look in to this property Pm at anand_tirunagiri@yahoo.com if you are going ahead with this project .

Cheers,
Anand
 
Old December 26 2012, 10:57 PM   #994
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Originally Posted by mymarji View Post
Unfortunately people use unwanted language on this forum and that is why they get banned. The mentioned person has repeatedly used foul language against people who disagreed with him. And to think that this person had more then 1500 posts in his name, what does it suggest ?

That person started UNNECESSARY and AVOIDABLE slanging match with everyone who disagreed with him. That is not welcome. You may ignore it, as you have benefited from him.

Everyone know that a Rs 10 investment today will be equal to about Rs 100 in 5 years, so one doesn't want this info from "so-called-aggressive" people on this forum. Even a KG student can tell this in current times.

As far as you or someone benefited from his posts/info/knowledge, its good. Its sad that some people look at the "bigger picture", forgetting that the "bigger picture" is made up of "smaller pictures". If the smaller pictures are not correct, then the bigger picture depicts something unwanted.

The good thing about this IREF forum is that people who are brokers/agents are not allowed, so there is unbiased info. People can make informed decision, without the pressure to buy from a broker/agent.

Oh , so this guy Ravikanth is gone ???? I registered today after hitting his threads from google. So decided to stay tuned to his gyan. Why don;t people keep aside the egos and ignore the little tantrums of PERFORMERS.( BTW let me know if he has started NOTHER BLOG )
 
Old December 26 2012, 11:19 PM   #995
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I see that Ravikanth is Banned for violation of site rules . But may be the Code-of-conduct was not evident. May be he could have been given a warning to not advertise his profession here.
 
Old December 27 2012, 03:22 PM   #996
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Hi Mr.Ravi, Can you please help with some details on krishna shelton.
 
Old December 28 2012, 03:57 AM   #997
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Doesnt it seem so obvious? Such a highly informed agent/broker had to resort to the use of this forum to earn his daily bread (commission). Shows how bleak is the buying market out there. I also saw posts by salespersons of aratt builders here in another topic. The builders and sales guys and agents have no where to go and trying to trap customers through this forum.

Keep liquidity and just wait for it! You can buy your dream home without sitting on crore(s) of loan!
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Old January 4 2013, 11:57 AM   #998
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This is another example....

Infosys cutting up to 5,000 jobs: Sources - The Times of India

i was under wrong impression before, that there are always bunch of people with money looking for apartments....but when i saw bhratatiya city booking, all were young 25+ s/w professionals....

so, its pretty much clear where this all leading now....

was reading another blog in which a CEO of a leading RE firm warned against people buying 1cr+ flats in 2013 in bangalore as the year not going to be great for s/w or techies....
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Old January 4 2013, 06:02 PM   #999
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gkannan16

Infosys has denied this.. There is no impact on Real Estate. One can buy at any rate - 1cr will become 2cr in 2 years.

Btw- can you send me the blog where the CEO was making the bearish statements. We need to advise him that it is not good for the business.
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Old January 4 2013, 08:00 PM   #1000
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Infosys may have denied this but from what I know by interacting with Infy guys, the company is going thru crisis and 2013 will not be any good.

I think it is true for all top desi IT companies - only Cognizant was proving wrong time & again but not any more. They too changed their outlook downwards.

In the current scenario, if bangalore market is driven only by tech crowd(I'm not fully sure of this) then it'll be very difficult to sustain the price.

Only time will tell which way it goes from here - but general business sentiment doesn't look to be very positive - the world over
 
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