Announcement

Collapse
No announcement yet.

Akhileshs SECRET proposal to CREDAI

Collapse
X
Collapse

Akhileshs SECRET proposal to CREDAI

Last updated: April 13 2014
1177 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Akhileshs SECRET proposal to CREDAI

    where is deepaul...on foreign trip with Arora ji ??

    Comment


    • Re : Akhileshs SECRET proposal to CREDAI

      Originally posted by abhitmkhar View Post
      where is deepaul...on foreign trip with Arora ji ??
      deepauls is here only... Sir. But right now, there are no significant developments... everything is going all right.

      Arora ji is busy with his Gurgaon deal... still negotiating the final costs to that project... may come up with JV.... or stand alone!

      Comment


      • Re : Akhileshs SECRET proposal to CREDAI

        Deepaul need a suggestion...
        my friend a flat in supertech.. He hasnt received the demand yet for completion of 9th floor although the construction has reach 15th floor..
        earlier he used to get a lot of reminder calls n 2-3 demand letters...
        Should be contact supertech or just sit tight?
        Kuch problem toh nahi hoga?

        Kindly reply

        Comment


        • Re : Akhileshs SECRET proposal to CREDAI

          Originally posted by McLordGanj View Post
          And ironically the party goes on because NO builder is completing the project and investors are not forced to register the property. With 9.5 million under-construction properties in top 6 cities, will there be 9.5 million end-users?? A very big question which no body wants to answer now.
          What? in a country of 1000 million, you don't think 9 and a 1/2 million would want to move in to their owned homes?

          Comment


          • Re : Akhileshs SECRET proposal to CREDAI

            Deepaul/Zohaib , any inside news of settlement between SC and builders,

            Comment


            • Re : Akhileshs SECRET proposal to CREDAI

              Originally posted by McLordGanj View Post
              And ironically the party goes on because NO builder is completing the project and investors are not forced to register the property. With 9.5 million under-construction properties in top 6 cities, will there be 9.5 million end-users?? A very big question which no body wants to answer now.
              NO builder is completing project? Are you just exaggerating, or actually don't have any idea?

              Have you heard about Omaxe Grandwood, Antriksh Greens, Amrapali Platinum, Gaur Grandeur - these are some of the recently delivered Noida projects where people have started living.

              Comment


              • Re : Akhileshs SECRET proposal to CREDAI

                Originally posted by exclusiv View Post
                What? in a country of 1000 million, you don't think 9 and a 1/2 million would want to move in to their owned homes?
                The figure of 9.5 million was given by him for just 6 top cities. So can not consider the full population of India.

                Even in the applicable section of the population, one house is generally occupied by a family, not a person. Even with a family size of 4, this means 38L people should shift to their own homes.

                But here we are talking of full occupancy. That is an extreme, which indicates a shortage of houses. That is not gonna happen. 70% occupancy is very healthy.

                Also should be noted that not all these units are going to be delivered at the same time, and some would probably not be delivered at all!

                Considering all this, in 5 years time, say 9L people new houses would be ready. 6 - 7 L would be occupied, which would mean around 25L people. Is this too much for top 6 cities? NO. Delhi (probably incl NCR, not sure) itself is adding 5L people annually.

                So things are not too dark. Yes, they are not too bright either.

                Comment


                • Re : Akhileshs SECRET proposal to CREDAI

                  he was talking about 9 million, not 9 lakh

                  Originally posted by fatichar View Post
                  The figure of 9.5 million was given by him for just 6 top cities. So can not consider the full population of India.

                  Even in the applicable section of the population, one house is generally occupied by a family, not a person. Even with a family size of 4, this means 38L people should shift to their own homes.

                  But here we are talking of full occupancy. That is an extreme, which indicates a shortage of houses. That is not gonna happen. 70% occupancy is very healthy.

                  Also should be noted that not all these units are going to be delivered at the same time, and some would probably not be delivered at all!

                  Considering all this, in 5 years time, say 9L people new houses would be ready. 6 - 7 L would be occupied, which would mean around 25L people. Is this too much for top 6 cities? NO. Delhi (probably incl NCR, not sure) itself is adding 5L people annually.

                  So things are not too dark. Yes, they are not too bright either.

                  Comment


                  • Re : Akhileshs SECRET proposal to CREDAI

                    Ooops! Thanks for correction. But then I don't believe the figure. There is no way that 95L houses are being made in top 6 cities. Even with so much supply, Noida plus GN is totaling around 3 L flats.

                    Comment


                    • Re : Akhileshs SECRET proposal to CREDAI

                      I do understand that people in NCR is having hard time to see the demands.

                      The reason is very simple,NCR has the best residential option among the big cities.

                      If anyone here is from Mumbai,Chennai or Kolkata, ask few of your colleagues regarding their home. You will generally find half (50%) of them are in a rented house.
                      Half of the remaining (25%) are someway managing with their parents in an average house/flat.
                      The remaining half (25%) are lucky to have their own house but when you ask details, mostly you will find it is either too far or not up to their standard.

                      Do you believe that there are too many families where 2 married brothers (sometime with kids) are staying (or forced to stay) with their parents in a 2BHK?

                      Anyway, those people has no time or reason to come to an online forum and debate like us.

                      Comment

                      Have any questions or thoughts about this?
                      Working...
                      X