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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

    News Headlines

    check out the links

    Bubble Bursts for India's Once-Booming Real Estate Market


    http://www.realestatechannel.com/int...-bank-1928.php


    Swelling provisioning for bad loans erodes banks' Q3 profits
    http://www.thehindubusinessline.com/...2752360100.htm


    IPOs overpriced, see commercial realty glut: Deepak Parekh



    http://www.moneycontrol.com/news/bus...kh_437856.html
    Last edited by frugality; January 27 2010, 09:49 AM.

    Comment


    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Downfall is inevitable by any means

      No amount of black money will be able to prevent this fall, my contacts in US who are good at calculations in economics & finance & who understand that a country cannot get out of debt by creating more debt (printing money) they mention that dollar can loose significant amt. of its face value.

      They are even willing to come back to India, banks are not lending in US.

      So heavy lies to cover lies is the trend in vogue right now there.

      Those who believe 2010 will be bullish i say to 'em - good luck (if you can keep India totally insulated from US mkts)

      Govt. of India is not foolish to buy 200 Tonnes of gold 16000 rs/10 grms


      Originally posted by frugality View Post
      check out the links

      Bubble Bursts for India's Once-Booming Real Estate Market


      ]http://www.realestatechannel.com/international-markets/commercial-real-estate/real-estate-news-india-real-estate-market-chanda-kochhar-icici-bank-1928.php[/url]


      Swelling provisioning for bad loans erodes banks' Q3 profits
      ]http://www.thehindubusinessline.com/2010/01/27/stories/2010012752360100.htm[/url]


      IPOs overpriced, see commercial realty glut: Deepak Parekh



      ]http://www.moneycontrol.com/news/business/ipos-overpriced-see-commercial-realty-glut-deepak-parekh_437856.html[/url]

      Comment


      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        Originally posted by frugality View Post
        check out the links

        Bubble Bursts for India's Once-Booming Real Estate Market


        ]http://www.realestatechannel.com/international-markets/commercial-real-estate/real-estate-news-india-real-estate-market-chanda-kochhar-icici-bank-1928.php[/URL]


        Swelling provisioning for bad loans erodes banks' Q3 profits
        ]http://www.thehindubusinessline.com/2010/01/27/stories/2010012752360100.htm[/URL]


        IPOs overpriced, see commercial realty glut: Deepak Parekh



        ]http://www.moneycontrol.com/news/business/ipos-overpriced-see-commercial-realty-glut-deepak-parekh_437856.html[/URL]
        Thanks for the links man. Good info.
        Btw, I am looking forward for the listing of Vascon builders. Lets see what happens to it. Kolte patil is already banged though. Seems Vascon's IPO is more for clearing debt rather than completing, starting new projects.
        If you are happy, you are successful.

        Comment


        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Here is one opinion on Vascon IPO. I agree... Avoid at all costs...

          http://www.blonnet.com/iw/2010/01/24...2450741300.htm

          Vascon Engineers — IPO: Avoid

          Premium valuations, and high dependence on related parties for contract revenues make this offer unattractive.


          Originally posted by realacres View Post
          Thanks for the links man. Good info.
          Btw, I am looking forward for the listing of Vascon builders. Lets see what happens to it. Kolte patil is already banged though. Seems Vascon's IPO is more for clearing debt rather than completing, starting new projects.

          Comment


          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            Originally posted by ttt43 View Post
            Here is one opinion on Vascon IPO. I agree... Avoid at all costs...

            ]http://www.blonnet.com/iw/2010/01/24/stories/2010012450741300.htm[/URL]

            Vascon Engineers — IPO: Avoid

            Premium valuations, and high dependence on related parties for contract revenues make this offer unattractive.


            Thanks man. One thing I completely agree here:-

            ...of the 55 million square ft. of real-estate projects planned/being developed, less than 10 per cent are due for completion over the next three years ending FY-13. Earnings growth in the near term may, therefore, not keep pace with the valuations sought now.
            If you are happy, you are successful.

            Comment


            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              Price hike reasons

              The reason which I think for price hike in some projects is to again create fear in the mind of the people to buy a flat ASAP. I remember just last month that some builders were saying that register before 31st Dec 09, else the stamp duty + reg is going to bee hiked due to which you will need to shell out few lakhs more. So, these are pure mind games, nothing more than that. So, make your mind strong.
              If you are happy, you are successful.

              Comment


              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                KP Singh for Padma Bhushan

                Man, DLF promoter, KP Singh has been conferred with Padma Bhushan award. The chap who has fooled many innocent buyers, shareholders gets this award just because of his proximity with Delhi crooks? Giving Padma Bhushan award to such non-human people has degraded the value of this award.
                If you are happy, you are successful.

                Comment


                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  Decline In The Number Of Homebuyers In Mumbai

                  There has been a steady drop in the number of homebuyers in Mumbai over the last two quarters. Blame it on builders who are constantly raising prices. Liases Foras, a real estate research firm, said there were approximately 20,500 buyers for new flats in March-June 2009, and only 17,000 in July-October. Builders justified the hike. "All materials - cement, steel, etc - have become very expensive. We have to pass the cost on to buyers to guard our profits," said Mr Sukhraj Nahar, chairman of the Nahar Group. But this argument did not convince analysts. They warned against getting carried away by the rise in number of bookings after the real estate slowdown.
                  13 Jan 2010 Hindustan Times (Mumbai)

                  Btw, DLF has shown 30% drop in profits YoY. It's results were declared today.
                  If you are happy, you are successful.

                  Comment


                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Originally posted by realacres View Post
                    Man, DLF promoter, KP Singh has been conferred with Padma Bhushan award. The chap who has fooled many innocent buyers, shareholders gets this award just because of his proximity with Delhi crooks? Giving Padma Bhushan award to such non-human people has degraded the value of this award.
                    You forgot to mention Sant singh chatwal as well It seems that in congress govt everything for sell...including padma awards
                    Cheers,
                    -Ashish

                    Comment


                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Originally posted by ash7979 View Post
                      You forgot to mention Sant singh chatwal as well It seems that in congress govt everything for sell...including padma awards
                      Yes... thats true man..
                      Pawar soon will get Bharat Ratna, at this rate

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