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Builders & Real Estate Bulls Theory Proved Wrong

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Builders & Real Estate Bulls Theory Proved Wrong

Last updated: November 1 2016
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  • Re : Builders & Real Estate Bulls Theory Proved Wrong

    So what makes the builder think he can launch a luxury residential project there and that it will get sold?

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    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Originally posted by rembrants View Post
      So what makes the builder think he can launch a luxury residential project there and that it will get sold?
      Indians have resigned to the fact that this is life and we deserve no better. A lot of businessman with black money and a few top high ranking salaried class will stay in this "Paris". They roam around in chauffer-driven AC cars busy on their smart phones so they wont have a clue what's happening right outside their Paris.

      The black component in such projects is so much that the builder wont be worried even if it takes more than 4 years to sell all flats. eventually some bakras will take the bait...mostly the people who have never been to paris or any other developed city for that matter.

      the builder is not offering the beauty, art or architecture of Paris but rather a dream of Paris which quickly turns into a nightmare the minute you look out of your walled garden.

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      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        Wadala Dosti is a good example of a premium project in the middle of a slum.

        In Mumbai it works
        Venky (Please read watch a or before posting)

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        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Easier FDI in real estate means govt is inflating India's urban housing bubble

          will property bears please comment on above article?

          why did prices fall in last saffron rule anyways?

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          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            Indian home prices fell most among 52 nations, IMF says

            Indian home prices fell most among 52 nations, IMF says

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            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              Will FDI rejuvenate the real estate sector?

              Will FDI rejuvenate the real estate sector?

              will property bears please answer?

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              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                Housing sector could turnaround in 2015 with boost of FDI

                Housing sector could turnaround in 2015 with boost of FDI

                property bears comments?

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                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  Originally posted by Venkytalks View Post
                  Wadala Dosti is a good example of a premium project in the middle of a slum.

                  In Mumbai it works
                  The builder will sell it as a feature that you will easily get domestic help and your bai will always be on time given the short commute

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                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Another lesser-known fact is that if you sell the house within five years of taking possession, the deductions claimed on principal payments are reversed. The amount deducted in previous years is considered as income in the year of sale and taxed accordingly.

                    businesstoday.intoday.in/story/tips-to-use-all-the-tax-benefits-that-are-available-on-home-loans/1/214121.html

                    Another cost of holding.

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                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Originally posted by FedupBuyer View Post
                      Easier FDI in real estate means govt is inflating India's urban housing bubble

                      will property bears please comment on above article?

                      why did prices fall in last saffron rule anyways?
                      I feel following lines are important:
                      "Builders increased prices to accommodate investors at every stage of the development, thereby creating a false sense of price appreciation. With a steep slowdown in genuine sales (both Delhi and MMR currently have the highest unsold inventory), they are stuck in a catch-22 situation."

                      There needs to be an end demand to meet the exit price point. For example if some investor is buying a flat at 70 Lac today with a target of 15% returns, he should be able to find a end user at 1.06 Crore at 3 year horizon. Considering all the decent flats are in this range at this point, how many end users will buy at 1.1 Crore.

                      FDI expect returns and if returns are not coming, why would they put their money on RE. Moreover there are hardly any transparency and regulations in Indian RE market, which is also a negative point.

                      But again all these are opinions. Writers opinion, My opinion. Others might have different view.
                      Last edited by piyushpth; February 1 2015, 10:30 AM. Reason: Typo

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