Announcement

Collapse
No announcement yet.

Builders & Real Estate Bulls Theory Proved Wrong

Collapse
X
Collapse

Builders & Real Estate Bulls Theory Proved Wrong

Last updated: November 1 2016
12768 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Builders & Real Estate Bulls Theory Proved Wrong

    Originally posted by puser View Post
    economic slump often leads to multifold jump in incomes of select few especially in software as there is lack of quality people there. have seen in some cases salaries have more than doubled since 2009 for well performing people even as new openings slowed down.
    Issue is not about handful of people, but many sitting on bench or rather overall perspective of the companies. And slowdown is not just in IT, auto is badly hit too. Many auto ancillary units at MIDC Bhosari & Chakan are now working in single shift now compared to 3 shifts earlier. Tata motors had lockdown at its plant for almost 1 week to clear off inventory at dealers' end. Same is the story with Toyota.
    If you are happy, you are successful.

    Comment


    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Originally posted by realacres View Post
      There is a difference between launching & executing the project.
      DLF is selling off it's assets, it sold its major land parcel in Worli, Mumbai to Lodha builders for mere INR 5,000/sq ft, Aman resorts at Delhi was sold out to it's partner in hospitality sector. Supertech's project in NCR are plagued by delays & many customers have filed cases against the builder. For a layman like me, please explain from where builders like DLF are going to raise 8000 Cr when their existing assets are up for sale ??
      Man, such launch news are given out to maintain their stock prices, which have crumbled in past 15 months. As said before, launching is different than executing.
      DLF is selling off it's assets, it sold its major land parcel in Worli, Mumbai to Lodha builders for mere INR 5,000/sq ft

      This is old news buddy..this deal went down in Aug 12.

      The full headline at that point was: DLF Ltd, the country’s largest property developer, sold a 17-acre land parcel in the Worli area of Mumbai to the Lodha Group for Rs 2,727 crore by making returns four times its initial investment of Rs 702 crore in 2005.

      [COLOR="rgb(65, 105, 225)"]Aman resorts at Delhi was sold out to it's partner in hospitality sector[/COLOR]

      With the sale of Amanresorts Group, DLF has now raised Rs.4,917 cr from sales of non-core assets this year

      [COLOR="rgb(65, 105, 225)"]For a layman like me, please explain from where builders like DLF are going to raise 8000 Cr when their existing assets are up for sale ??[/COLOR]

      See answer above... Did you happen to read the article today about the finance ministry asking banks to relook at their investments in non-core areas such as insurance, mutual funds, etc..

      Comment


      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        London Hotel purchase: Sahara must explain where it got the money and how | Firstpost

        Comment


        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Mr FM, gold isn’t the problem, the rupee is. Fix that | Firstpost

          The average India’s demand for gold did not cause the rise in gold prices in INR terms. In a globalised world, assuming that the INR was steady against the USD, rising demand for gold in India would normally cause gold prices to rise globally as demand outstrips supply. If India’s demand for gold is met by increased production or by sales of central banks or other major holders of gold, gold prices will stay steady. However, the fact is that the INR was not steady and has depreciated sharply against the USD and this depreciation has led to import prices of gold becoming higher, leading to rising gold prices in INR terms.

          Comment


          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            Originally posted by AnkitS View Post
            This is old news buddy..this deal went down in Aug 12.

            The full headline at that point was: DLF Ltd, the country’s largest property developer, sold a 17-acre land parcel in the Worli area of Mumbai to the Lodha Group for Rs 2,727 crore by making returns four times its initial investment of Rs 702 crore in 2005.
            No matter what color you choose for your arguments, RE companies will be in RED, so don't try to paint rosy colors...we know the real news as well as you do. DLF actually lost money in these deals.....also remember that there was some news that a YES Bank big shot bought some apartment for about 32K psft in Mumbai, did anyone verify it ? Also these deals are only on paper, did they really happen ?

            Comment


            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              Mumbai-based Lodha Group to sell Lower Parel project through IPO model - The Economic Times

              Comment


              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                Interesting !
                So...the process is different (from the conventional pre-launch) in one way only...
                the buyer will not know which apartment unit in the said building will be allotted to him/her.
                Is that correct ?
                Last edited by Superduper; January 7 2013, 11:55 AM. Reason: typo

                Comment


                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  Originally posted by mymarji View Post
                  No matter what color you choose for your arguments, RE companies will be in RED, so don't try to paint rosy colors...we know the real news as well as you do. DLF actually lost money in these deals.....also remember that there was some news that a YES Bank big shot bought some apartment for about 32K psft in Mumbai, did anyone verify it ? Also these deals are only on paper, did they really happen ?
                  Providing the complete headline is meaningful..half baked reporting doesn't help anyone..

                  Also these deals are only on paper, did they really happen ?

                  Do you have any proof to validate this claim..or this is just conjecture on your part..You cannot be selective in providing approval for certain news from the media and disregarding the rest under the pretext that this is paid propaganda..

                  Comment


                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Originally posted by CAPT RAJESH View Post
                    Mr FM, gold isn’t the problem, the rupee is. Fix that | Firstpost

                    The average India’s demand for gold did not cause the rise in gold prices in INR terms. In a globalised world, assuming that the INR was steady against the USD, rising demand for gold in India would normally cause gold prices to rise globally as demand outstrips supply. If India’s demand for gold is met by increased production or by sales of central banks or other major holders of gold, gold prices will stay steady. However, the fact is that the INR was not steady and has depreciated sharply against the USD and this depreciation has led to import prices of gold becoming higher, leading to rising gold prices in INR terms.
                    Please don't remind him of the real problem!

                    Poor man is losing sleep (and hair, whatever is left is going white due to tension) trying so hard to distract everyone away into other issues!

                    cheers

                    Comment


                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Apply same logic for you buddy....no exceptions.

                      Originally posted by AnkitS View Post
                      Providing the complete headline is meaningful..half baked reporting doesn't help anyone..

                      Also these deals are only on paper, did they really happen ?

                      Do you have any proof to validate this claim..or this is just conjecture on your part..You cannot be selective in providing approval for certain news from the media and disregarding the rest under the pretext that this is paid propaganda..

                      Comment

                      Tags: None
                      Have any questions or thoughts about this?
                      Working...
                      X