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 hitmady View Post
    Poor or fool-hardy & senti buyers?
    Pune RE-buyers are certainly not poor
    Yep! Considering the waiting lists for booking flats at various locations these days, buyers are Richie-rich, so Builders would certainly make hay while the sun shines

    Otherwise, 3000 psf should actually be 1600-1800 psf.
    God knows when sanity would return in Pune RE bazar ...
    Or would it ever return?

    Comment


    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Apartment of 930 sqft and that too 2.5 BHK is costing above 50 L and that also on Baner-Pashan link got email from Kumar Builders :p

      Comment


      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        Originally posted by puser View Post
        Apartment of 930 sqft and that too 2.5 BHK is costing above 50 L and that also on Baner-Pashan link got email from Kumar Builders :p
        That mean a gross rate per sq. ft. goes 5000+
        god knows, who is the next sucker to buy at this rate

        Comment


        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Originally posted by puser View Post
          Apartment of 930 sqft and that too 2.5 BHK is costing above 50 L and that also on Baner-Pashan link got email from Kumar Builders :p

          Think you have issues with Kumar Builders and Baner Pashan Link Road

          Comment


          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            My reading is, flats were not getting sold at 3000 per sq ft, about 6-9 months back and builder lobby never wanted to reduce prices...in fact they increased prices to put more pressure and things are now in dead lock...
            Better they should take it to 7-8K level so that people stop talking about real estate and the game ends

            Comment


            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              LoL
              Bhaiya ye to wohi baat ho gayi kee Na rahega baans , na bajegi bansuri ....

              Comment


              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                Smarter inverstors are already out of Pune real estate.
                Only left are gullible end users.
                And as happens in every boom-crash cycles, small investors buy just before the crash.

                Until, Pune builders realise that affordability of targetted buyers group is single most important factor for selling any product there is no hope of improvement.

                As someone had said earlier, Pune real estate industry is like Titanic leading for a big crash.
                But, no one has control on it now.
                Yes, it's true, even builders have lost the control.
                Everyone is staring hopelessly at the imminent crash

                Comment


                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  Originally posted by monds View Post
                  My reading is, flats were not getting sold at 3000 per sq ft, about 6-9 months back and builder lobby never wanted to reduce prices...in fact they increased prices to put more pressure and things are now in dead lock...
                  Better they should take it to 7-8K level so that people stop talking about real estate and the game ends
                  Yes I agree with this. Else why would builders keep doing rounds of other cities with meaningless exhibitions (nashik, Nagpur, Aurangabad), try to see if they can get buyers. I wonder who are they really fooling, people or themselves, by assuming that if there are no takers in Pune, they will find elsewhere..i read somewhere..it is darkest before dawn..could this be that phase ?

                  Comment


                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Originally posted by puser View Post
                    Apartment of 930 sqft and that too 2.5 BHK is costing above 50 L and that also on Baner-Pashan link got email from Kumar Builders :p
                    Oops! (both C++/Java kind!), I am feeling giddy now ...

                    After some time I might as well see stars and
                    probably be wanting to stay amongst stars
                    rather than on Pune's RE landscape.

                    Comment


                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Originally posted by compuwalah View Post
                      Think you have issues with Kumar Builders and Baner Pashan Link Road
                      Baner Pashan link is not on my list. Don't have luxury to paying 50 L for 930 psft at such area

                      Comment

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