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string(1696) "[QUOTE=abc111;669728]Let the registration data come for 2012; even that is going to show dismal numbers.
Generally facts don't select themselves.Comparing numbers with 2009 which was a year of extreme severity may not be appropriate.
Giving 2006,2007 numbers for stamp duty collection would offer better comparison.
Downturn/stagnation started in Gurgaon market from last quarter of 2011.
And because of the way Gurgaon market's work; builders usually don't take panga with big underwriters,financiers.
So to keep them happy; they keep on on increasing the fresh rate in spite of the fact that there is no demand at those absurd prices.
The illogical builder rates make resale (which in itself is expensive) look comparatively cheaper.[/QUOTE]
i agree let us look for some data instead of speculation, anecdotes, hearsay . Look forward to the same from you.
so what about no one buying theory , are you expecting no registration or 90% reduction or 60% reduction or 10 % . will be nice to hear your comments.
so as per the theory since no one is buying and are going to buy , these investors with tonnes of money forcing the builders to keep on increasing prices when no demand exist and no one is buying or selling. nice theory once again :) :)
This theory has been heard for atleast last 5 years from the experts , but never seem to come through. always wait for one year , abhi aaya ji , abhi next year ji.
i have never advocated that prices will always increase, it will be stupid to do so. However over long term it has and it will outpace returns from most of the avenues. i do agree one should never over leverage in any investment , be it RE, gold or stocks."
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Originally posted by abc111
View Post
Let the registration data come for 2012; even that is going to show dismal numbers.
Generally facts don't select themselves.Comparing numbers with 2009 which was a year of extreme severity may not be appropriate.
Giving 2006,2007 numbers for stamp duty collection would offer better comparison.
Downturn/stagnation started in Gurgaon market from last quarter of 2011.
And because of the way Gurgaon market's work; builders usually don't take panga with big underwriters,financiers.
So to keep them happy; they keep on on increasing the fresh rate in spite of the fact that there is no demand at those absurd prices.
The illogical builder rates make resale (which in itself is expensive) look comparatively cheaper.
Generally facts don't select themselves.Comparing numbers with 2009 which was a year of extreme severity may not be appropriate.
Giving 2006,2007 numbers for stamp duty collection would offer better comparison.
Downturn/stagnation started in Gurgaon market from last quarter of 2011.
And because of the way Gurgaon market's work; builders usually don't take panga with big underwriters,financiers.
So to keep them happy; they keep on on increasing the fresh rate in spite of the fact that there is no demand at those absurd prices.
The illogical builder rates make resale (which in itself is expensive) look comparatively cheaper.
so what about no one buying theory , are you expecting no registration or 90% reduction or 60% reduction or 10 % . will be nice to hear your comments.
so as per the theory since no one is buying and are going to buy , these investors with tonnes of money forcing the builders to keep on increasing prices when no demand exist and no one is buying or selling. nice theory once again
This theory has been heard for atleast last 5 years from the experts , but never seem to come through. always wait for one year , abhi aaya ji , abhi next year ji.
i have never advocated that prices will always increase, it will be stupid to do so. However over long term it has and it will outpace returns from most of the avenues. i do agree one should never over leverage in any investment , be it RE, gold or stocks.
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