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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

    Land Bill will kill growth: Govt knows this, but does Sonia?

    http://www.firstpost.com/economy/lan...ia-434896.html

    Everyone knows that the Bill—being championed by Sonia Gandhi‘s National Advisory Council and Rahul Gandhi—will push urban and rural land prices through the roof and retard development. But nobody has, till now, had the courage to put it that way.

    Ideally, the Land Bill should be killed and the focus should be on creating a foolproof system of ensuring fair prices and just rehabilitation for those who give up their land for national projects. Instead, it has become a plan to shift resources to the rural landed and landless for political benefit.
    It is now Sonia’s political instincts versus national interest. Several ministers have already indicated where national interest lies.

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    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Originally posted by CAPT RAJESH View Post
      http://www.firstpost.com/economy/lan...ia-434896.html

      Everyone knows that the Bill—being championed by Sonia Gandhi‘s National Advisory Council and Rahul Gandhi—will push urban and rural land prices through the roof and retard development. But nobody has, till now, had the courage to put it that way.

      Ideally, the Land Bill should be killed and the focus should be on creating a foolproof system of ensuring fair prices and just rehabilitation for those who give up their land for national projects. Instead, it has become a plan to shift resources to the rural landed and landless for political benefit.
      It is now Sonia’s political instincts versus national interest. Several ministers have already indicated where national interest lies.
      What more can you expect from Italian Congress Govt ? In central, Congress loots, in state, its the NCP. If this continues, many good people will quit India for search of better life outside & Indians remaining will be only those who are corrupted.

      Time for change, go out & vote, else our country will go to dogs.
      China has already set up new post in last 24 hrs & their choppers are flying inside 300 km in our area, yet no action. Spineless Congress.
      If you are happy, you are successful.

      Comment


      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        Major Builder Bankrupt

        As per latest reports, Orbit Corp, Mumbai has not paid dues to LIC-HF & LIC-HF has sent notices to Orbit Corp to make the payment failing within 20 days failing which LIC-HF will seize the properties given as collateral by Orbit Corp.
        In total, 3 major projects are as collateral to LIC-HF. If builder defaults, then not only the NBFC will suffer, but buyers in those project may become party to the legal tussle. At the end of the day, buyer again will be the 'Bakra'.
        This news clearly shows the lull in property market.
        If you are happy, you are successful.

        Comment


        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Originally posted by realacres View Post
          Time for change, go out & vote, else our country will go to dogs.
          RA, why are you insulting the dogs ?

          Congress govt to USA ke dalle hai. They should change the name of the alliance to USA -- United Scamster Alliance !

          Comment


          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            Why do we still believe on VOTING and election process? It is all managed. Just like cricket matches. Election is also a game. Remember when electronic machines where caught in pune which used to cast vote to candidate from 1 party Which ever button you press. And what about the time when machines are in custody of the collector office before the counting? When these guys do such big scams it is a matter of simple tactics to change the voting machines. Have you done a reccee of the officers who are deployed there internally to guard those ballot boxes. Most of them have been recruited by these politicians.
            So grow up!!! Election day is nothing but a day to enjoy picnic or a movie or something. Common man has so say in this game of power.
            If you think what about people from other party well money is directly sent to his home to keep his mouth shut. 2 Arch political rivals will have a alcohol party and bad mouth mango man together. These are some instances which I have got from authentic sources. So please do not vote enjoy the voting day as holiday. India is not fit for democratic process.

            Comment


            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              Democratic change

              Originally posted by vhaldavnekar View Post
              Why do we still believe on VOTING and election process? It is all managed. Just like cricket matches. Election is also a game. Remember when electronic machines where caught in pune which used to cast vote to candidate from 1 party Which ever button you press. And what about the time when machines are in custody of the collector office before the counting? When these guys do such big scams it is a matter of simple tactics to change the voting machines. Have you done a reccee of the officers who are deployed there internally to guard those ballot boxes. Most of them have been recruited by these politicians.
              So grow up!!! Election day is nothing but a day to enjoy picnic or a movie or something. Common man has so say in this game of power.
              If you think what about people from other party well money is directly sent to his home to keep his mouth shut. 2 Arch political rivals will have a alcohol party and bad mouth mango man together. These are some instances which I have got from authentic sources. So please do not vote enjoy the voting day as holiday. India is not fit for democratic process.
              Ind9a needs change very badly.But the change should be democratic and through ballot power only.
              You have every reason to be cynical,seeing the scams do not end and nothing happens to scamster politicians.
              Alternative to democratic change is to became a Syria.
              No one wants change of regime by anything other than peaceful manner.
              By not voting and not rejecting all unfit candidates we are failing in our duty to India.
              There is no alternative to democracy and political parties.But we can defang the politicians by not going to them for illegal favors.
              Simple example connected with RE-someone builds an illegal construction for sale by bribes -municipal people,Corporator etc.but we can avoid buying in this building.If there are no buyers the builder will stop such constructions.
              Instead we people buy flats there and then run to the very same people who have done illegal work to regularise it by giving bribes from our money.The netas,administrators then have the last laugh because we choose such projects or to buy agricultural land and then try for construction activity by bribes.
              Let politicians be unethical but we can individually choose the right way to do things..
              We can try out AAP for a change.
              Last edited by vaibav123; May 1 2013, 05:44 PM.

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              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                Originally posted by compuwalah View Post
                Thx frugy for the appreciation

                Yeah. There is change in trend now

                - In 2009, the downfall was projected to diwali (on failure of diwali it was postponed to holi)
                - Then bear foud out festivals arrive too fast. So trend was to go for bigger time window and next fall prediction was 2012 (ride on doomzday)
                - Now the trend is that bears are resorting to private message (and too you say "if confirmed" ... man you are jumpnig one step)
                frugy. now a days you only do PMs (raat ke andhere mein nikalte ho) ?
                from this post a quarter back , do you have any new findings to share ?

                Comment


                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  confused but hopeful

                  Originally posted by Venkytalks View Post
                  What to celebrate. The bloody builders and RE bulls are rampant everywhere.

                  The day real estate regulator is set up I will feel like celebrating.

                  Meantime one Ponzi scheme in Bengal has burst. 17000 crores in chit funds looted by tmc.

                  Real estate Ponzi will also cause pain especially in Maharashtra. I wonder if the IT slowdown will cause Pune burst.

                  I dknt know a single person from professional class who bought flat in Bombay recently. I know 2 Bombay people who bought INVESTMENT flats in Pune.

                  End users are unable to use at these prices in bombay. Wonder when pune becomes unaffordable too. Gurgaon already unaffordable.

                  The U-turn of stock markets last month stunned everyone and makes bulls happy.

                  However on ground level nothing changed. Subbarao spotted this and clearly asking the corporate mafia to control their animal spirits.

                  With 0.25 repo cut, realty mafia cannot expect more bakra's to fall into their net. Let us wait for few more months.

                  Remember we are moving into most unstable part of this real estate bubble phase now.

                  1. Govt instable
                  2. What gold price reduced, now it is recouped most of them
                  3. Crude also now increasing from its low
                  4. There is no recruitment in IT at all
                  5. When I went Madurai last week, no advertisements on real estate like I saw last year.

                  Now really patience is the key

                  Comment


                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Six months jail term for Tata Motors MD Karl Slym - CNBC-TV18

                    Not sure if & when the bubble would burst...However similar punishments is much desirable in the realestate industry ... Some of the crooks should be in jail...Alas...The crooks control everything...They are everywhere...lot of industries, lobbysts, judges, rule makers, rule enforcers....

                    Comment


                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Originally posted by mangoman2012 View Post
                      The U-turn of stock markets last month stunned everyone and makes bulls happy.

                      However on ground level nothing changed. Subbarao spotted this and clearly asking the corporate mafia to control their animal spirits.

                      With 0.25 repo cut, realty mafia cannot expect more bakra's to fall into their net. Let us wait for few more months.

                      Remember we are moving into most unstable part of this real estate bubble phase now.

                      1. Govt instable
                      2. What gold price reduced, now it is recouped most of them
                      3. Crude also now increasing from its low
                      4. There is no recruitment in IT at all
                      5. When I went Madurai last week, no advertisements on real estate like I saw last year.

                      Now really patience is the key
                      +100.
                      Bankers have already said that they can't reduce interest rates now. SBI said the total benefit for them is just about 50 Cr !! The RBI Guv has also said that there are high chances of interest rates going North in coming weeks if CAD & inflation is not tamed.

                      Btw, if one has any contacts in colleges (MBA & Engg), just inquire about the no. of cos coming for campus interviews. You will be shocked by the number.
                      Nashik RE is also in doldrums, while in Mumbai, even major builder like Oberoi hasn't launched any new project in almost past 2 yrs. The builder says that there is lot of inventory & they can't afford to launch new projects now as older projects under-construction aren't generating enough cash flows.

                      In Pune, Samrajya, Kothrud is offering 5L cash discount on flats, officially.
                      If you are happy, you are successful.

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