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In this dire situation they will not be able to charge a premium salary for their experience and Indian companies will be happy to hire them for their rich experience in western countries at the salary of their Indian counter part or with a positive difference of 5% at this stage. All this will happen at the cost of the people who are already working here. Market will be flooded with experienced resources in all industries, but with very less openings for jobs. Anyways thanks for taking my comment on the last message in the right sprit :) Thanks, Sridhar[/quote] Dear Sridhar, Some lighter moments are also needed when we read the harsh exchange of messages between members, to dilute the situations. No one should hurt the feelings of any one else or attack personally with some harsh words. Intentions should be clear and there can be some enjoyment some time within limits. As far as Chennai RE is concerned, yes, there is a downtrend but not to the extend what we read from the media/papers. It varies from 5 to 10% depending on the locality, size of flat, the builder and the stage of construction and the quality of construction. New projects getting started offer better prices but they may delay the projects. Better to look for the stage of construction, go in for an almost getting completed flat in a locality most conveneinet to the buyer, of course avoiding the water logging areas. This is not the time for investmemnt in RE but time for buying for own use getting the best locality from a good and decent builder. ks2071746:eek:" ["moderated"]=> NULL ["pagetextimages"]=> NULL ["pagetext"]=> NULL ["htmlstate"]=> string(3) "off" ["allowsmilie"]=> string(1) "0" ["showsignature"]=> string(1) "0" ["attach"]=> array(0) { } ["infraction"]=> string(1) "0" ["reportnodeid"]=> string(1) "0" ["iconpath"]=> NULL ["channelroute"]=> string(2) "90" ["channeltitle"]=> string(19) "Chennai Real Estate" ["channelid"]=> string(2) "29" ["starterroute"]=> string(2) "91" ["startertitle"]=> string(41) "Suggestions: Apartment for 10L in Chennai" ["starterauthorname"]=> string(7) "svr1977" ["starterprefixid"]=> string(0) "" ["starteruserid"]=> string(4) "9920" ["starterlastcontentid"]=> string(6) "120169" ["startertotalcount"]=> string(2) "40" ["starterurlident"]=> string(40) "suggestions-apartment-for-10l-in-chennai" ["deleteusername"]=> NULL ["lastauthorname"]=> NULL ["edit_reason"]=> NULL ["edit_userid"]=> NULL ["edit_username"]=> NULL ["edit_dateline"]=> NULL ["hashistory"]=> NULL ["starternodeoptions"]=> string(3) "138" ["channelnodeoptions"]=> string(3) "138" ["contenttypeclass"]=> string(4) "Text" ["createpermissions"]=> bool(false) ["moderatorperms"]=> array(26) { ["caneditposts"]=> int(0) ["candeleteposts"]=> int(0) ["canopenclose"]=> int(0) ["caneditthreads"]=> int(0) ["canmanagethreads"]=> int(0) ["canannounce"]=> int(0) ["canmoderateposts"]=> int(0) ["canmoderateattachments"]=> int(0) ["canmassmove"]=> int(0) ["canmassprune"]=> int(0) ["canviewips"]=> int(0) ["canviewprofile"]=> int(0) ["canbanusers"]=> int(0) ["canunbanusers"]=> int(0) ["newthreademail"]=> int(0) ["newpostemail"]=> int(0) ["canremoveposts"]=> int(0) ["caneditsigs"]=> int(0) ["caneditavatar"]=> int(0) ["caneditpoll"]=> int(0) ["cansetfeatured"]=> int(0) ["canmoderatetags"]=> int(0) ["canaddowners"]=> int(0) ["canharddeleteposts"]=> int(0) ["canundeleteposts"]=> int(0) ["candeletethread"]=> int(0) } ["channeltype"]=> string(5) "forum" ["canedit"]=> int(0) ["canview"]=> int(1) ["canmove"]=> int(0) ["candeleteposts"]=> int(0) ["candeletethread"]=> int(0) ["canopenclose"]=> int(0) ["canremove"]=> int(0) ["canundeleteposts"]=> int(0) ["showUnpublishedNotice"]=> int(0) ["canharddeleteposts"]=> int(0) ["moderate"]=> array(1) { ["candeleteposts"]=> int(0) } ["canmoderate"]=> int(0) ["textcount_1"]=> int(1) ["totalcount_1"]=> int(1) ["allow_post"]=> int(1) ["moderate_comments"]=> int(0) ["approve_membership"]=> int(1) ["invite_only"]=> int(0) ["autoparselinks"]=> int(0) ["disablesmilies"]=> int(0) ["disable_bbcode"]=> int(0) ["hide_title"]=> int(0) ["hide_author"]=> int(0) ["hide_publishdate"]=> int(0) ["display_fullincategory"]=> int(0) ["display_pageviews"]=> int(0) ["hide_comment_count"]=> int(0) ["can_flag"]=> int(0) ["caninfract"]=> int(0) ["canviewnodeinfraction"]=> int(0) ["canseewholiked"]=> int(0) ["can_comment"]=> int(0) ["canreply"]=> int(0) ["permissions"]=> array(12) { ["canedit"]=> int(0) ["canmoderate"]=> int(0) ["canvote"]=> int(0) ["canuserep"]=> int(0) ["canremove"]=> int(0) ["can_flag"]=> int(0) ["canviewthreads"]=> int(1) ["canviewothers"]=> int(1) ["caninfract"]=> int(0) ["canviewnodeinfraction"]=> int(0) ["canseewholiked"]=> int(0) ["can_comment"]=> int(0) } ["signature"]=> string(0) "" ["musername"]=> string(9) "ks2071746" ["online"]=> string(7) "offline" ["reputation"]=> string(1) "0" ["showreputation"]=> int(1024) ["reputationlevelid"]=> string(1) "4" ["reputationpower"]=> int(1) ["reputationimg"]=> array(3) { ["type"]=> string(7) "balance" ["level"]=> string(11) "reputation4" ["bars"]=> int(0) } ["canedittitle"]=> int(0) ["userinfo"]=> array(8) { ["userid"]=> string(5) "13251" ["username"]=> string(9) "ks2071746" ["rank"]=> string(0) "" ["usertitle"]=> string(13) "Senior Member" ["joindate"]=> string(10) "1226296740" ["posts"]=> string(3) "804" ["customtitle"]=> string(1) "0" ["userfield"]=> array(3) { ["field3"]=> string(8) "Internet" ["field4"]=> string(0) "" ["field7"]=> string(0) "" } } ["photocount"]=> int(0) ["nodeVoted"]=> string(1) "0" ["attachments"]=> array(0) { } ["avatar"]=> array(2) { ["hascustom"]=> int(0) ["avatarpath"]=> string(39) "images/default/default_avatar_thumb.png" } ["isVisitorMessage"]=> int(0) ["subscribed"]=> int(0) ["joined"]=> bool(false) ["can_use_multiquote"]=> string(1) "0" ["views"]=> int(0) ["senderAvatar"]=> array(2) { ["hascustom"]=> int(0) ["avatarpath"]=> string(40) "images/default/default_avatar_medium.png" } ["parsedSignature"]=> string(0) "" }
Originally posted by sridharchennai
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Hi KS,
They cannot bring recession with them to India, but if a large number of NRI's come back to India say in case of reverse brain drain that can create a sense of panic in society. In this dire situation they will not be able to charge a premium salary for their experience and Indian companies will be happy to hire them for their rich experience in western countries at the salary of their Indian counter part or with a positive difference of 5% at this stage.
All this will happen at the cost of the people who are already working here. Market will be flooded with experienced resources in all industries, but with very less openings for jobs.
Anyways thanks for taking my comment on the last message in the right sprit
Thanks,
Sridhar
They cannot bring recession with them to India, but if a large number of NRI's come back to India say in case of reverse brain drain that can create a sense of panic in society. In this dire situation they will not be able to charge a premium salary for their experience and Indian companies will be happy to hire them for their rich experience in western countries at the salary of their Indian counter part or with a positive difference of 5% at this stage.
All this will happen at the cost of the people who are already working here. Market will be flooded with experienced resources in all industries, but with very less openings for jobs.
Anyways thanks for taking my comment on the last message in the right sprit

Thanks,
Sridhar
Some lighter moments are also needed when we read the harsh exchange of messages between members, to dilute the situations. No one should hurt the feelings of any one else or attack personally with some harsh words. Intentions should be clear and there can be some enjoyment some time within limits. As far as Chennai RE is concerned, yes, there is a downtrend but not to the extend what we read from the media/papers. It varies from 5 to 10% depending on the locality, size of flat, the builder and the stage of construction and the quality of construction. New projects getting started offer better prices but they may delay the projects. Better to look for the stage of construction, go in for an almost getting completed flat in a locality most conveneinet to the buyer, of course avoiding the water logging areas. This is not the time for investmemnt in RE but time for buying for own use getting the best locality from a good and decent builder.
ks2071746

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