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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Pune > Global Recession 2013 a Sure Thing !!!
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Old August 30 2012, 03:46 AM   #121
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Originally Posted by mangopeople View Post
Rs. 65 lacs for a 2 Bed apartment in Spain ... I've recently read a report about housing price collapse in UK ... May be more countries to follow.
In UK as well as in most of europe/canada, one can buy a duplex(small villa) with about 3000sqft land area in a Cr in a place thats part of main town and under municipality.
You can't possibly do it in Pune, unless we are talking of far flung gram panchayat/farm areas. That too, you can't get that kind of builtup area.

VFM wise, Ahmadabad is better deal by an arm's length.

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Old September 5 2012, 09:30 AM   #122
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I am a techie for the past 20 years and not a finance person, but I have done quite well in the real estate in the past 7-8 years. I have seen 2 views on IREF - first one saying that "Bubble will burst" and prices will go down, so new investors and end users should wait for the right time. The second view is that prices will never come down in Gurgaon real estate due to the fact that India population and influx into metros is always increasing and so much colored money is involved that prices will always be in upward direction, so you will keep missing RE bus if you do not invest as soon as possible. I have seen the second aspect to be quite TRUE for the past few years.

People with Finance/Economics background can add their comments.
 
Old September 5 2012, 11:14 PM   #123
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Looks like all are techies here. Nobody is responding. Anyone from Finance/Economy background or at least considers an expert in this area?
 
Old September 5 2012, 11:23 PM   #124
 
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Looks like all are techies here. Nobody is responding. Anyone from Finance/Economy background or at least considers an expert in this area?

Yawn..

Go to wiseman's posts ..to read views of Greatest RE bear of all times.
Or the Last RE Bear still Standing....
 
Old February 17 2014, 01:49 PM   #125
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StillSearching. Have you bought anything in India so far ? How is Italy prop doing. think it shoud have fallen further from 2012 level

Mangobhai. how is Spain prop doing ? which side movement from 2012 ?

ganda baccha. hope you have becoeme accha bachha by now.
 
Old February 17 2014, 05:29 PM   #126
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StillSearching. Have you bought anything in India so far ? How is Italy prop doing. think it shoud have fallen further from 2012 level

Mangobhai. how is Spain prop doing ? which side movement from 2012 ?

ganda baccha. hope you have becoeme accha bachha by now.
No change in Italy market.. prices are still at 2006 level..
 
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