Friends all these are fake prices will never drop in mumbai,chennai and delhi for next 15 years.Market is tight and most of the demand & supply has been freezed.
Nothing has changed really ... the prices are still out of reach .. and as long as they are, nobody's bothered if it comes down by 50% ... These articles are made to post by the builder lobby to lull the people to cough up more or paint a false picture ... For God's sake, dont mislead people by asking opinions only from the builders ... at least include someone from the common man's side A lot of these re-sale flats were booked by people with no real source of income ... now they are selling with a huge markup, all in cash ... tainted builders mentioned above
RE:What a Joke this Article, Try to Buy you will see
by prakash on Dec 12, 2007 10:26 AM Permalink
Try and understand you idiot. It is because of people like you that real estate prices are at an all time high. U guys give in so easily to the realtors and this encourages them to charge. When the prices are down argue. Argue on the basis of the government value and doesnt look like u have any clue of the happening. Stop acting like a land shark u ass
There is airport coming up in north.Just because nobody shift to north.When you have school shop office home hotels and other things like pub movies in other ares just bercause of airport you dont shift to north.There is lot of hotels and other projects are coming up in north that is why they buy bulk.
but i really dont understand who ever it is .... whether IT or NoN IT guy.... how can any one make such a foolish decision to buy two flats for trading purpose.. not even knowing and doing indepth analysis that for how much time this IT boom will support his or her salary... we all know from so long that 2008 is going to be worst year for IT india as UD market will go down... even.. goverment knows this and this year budget was totally a agricultural kind of budget because of this reason only to compensate that.... and these guys didnt think even twice or what.. or they thought that they are super man..... and will manage such a huge amount of money to be given to the banks.......
RE:cant understnad .... how any one can be so foolish
by rajesh kannan on Dec 12, 2007 10:11 AM Permalink
The IT leaders always wasting time on road improovment rather concentrating brining in new orders
who wants to live in a choked city with narrow traffic clogged oneways and polluted hub with high cost of living, no culture, values or arts. Primarily hyped by keyboard taping folks living in boxes and staring and boxes.
RE:choked city
by Indian on Dec 12, 2007 10:42 AM Permalink
Bangalore used to be a paradise, as late as 2000, Now it is sick, probably with advent of many outsiders like you, who have no culture, values or arts. The day people like u go out then Bangalore will be back to its yore,
RE:choked city
by mayur k on Dec 12, 2007 02:24 PM Permalink
I totally agree with the views below as i am a bangalorean and have seen it its in full glory before IT boom. it is the outsiders who are making bangalore a junk place. These guys got everything subsidised, tax free, big junks of land and what have they given back to the city?
RE:choked city
by GX on Dec 12, 2007 10:19 AM Permalink
Mayur bihari, your culture is taught to you by either Mayawati's land or laloo's land. Why dont you and your ilk settle there..
RE:not till now
by Indian on Dec 12, 2007 10:43 AM Permalink
Dear Prasad,
Iam also from Bangalore, I knew the price had come down, many months ago, So better check out or scout around to get a first information , Please do not use brokers, then they paint a different picture
RE:not till now
by prakash on Dec 12, 2007 10:27 AM Permalink
Try and understand you idiot. It is because of people like you that real estate prices are at an all time high. U guys give in so easily to the realtors and this encourages them to charge. When the prices are down argue. Argue on the basis of the government value and doesnt look like u have any clue of the happening. Stop acting like a land shark u ass
RE:RE:not till now
by Indian on Dec 12, 2007 10:45 AM Permalink
Dear Prakash, You have a valid point to mention, but my only apprehension is ur abusive language, You can do without that to put a point across, Cheer !
RE:IT bubble has bust
by Mohandaskarmchand gandhi on Dec 12, 2007 09:58 AM Permalink
looks like Mr kannan is screwed up himself with lot of EMI. Have fun dude !
RE:IT bubble has bust
by Rahul on Dec 12, 2007 09:57 AM Permalink
You guys are pathetic...it seems from yoru comment that you lack basic common sense. Well common sense is not common you see. You seem to beleive if roads are improved it is only the IT guys who will use it or if property priices come down it is the It guys who will buy. For your information IT gyuys pay the maximum tax and the direct and indirect eomployement generated by IT in last 5 years has not been matched by any other industry. You can check the FICCI ASSOCHAM CII and othe figures if you are aware of such organizations or are you a part of the land grabbing disgruntled maniacs who donot acheive anything in life but have the crab mentality to pull down others... No wonder inspite of 60 years of independence India has not progressed... You are a good specimen for this
Speculation based business always has same fate as of Banglore proerty coming down.Mathemetical growth in business is more fruitfull and long lasting for masses Sabir A rahman
Excuse Mr. Author, Are you saying prices have come down? I beg to differ with you... Only thing that comes into my mind is the panic buying of flat by middle class.. who were caught in the lure of falling floating rate interests have come down... and Mind you interest rates have almost doubled.
I would attribute that this high interest rate is a deterrent for many youth from purchasing flat.
Ground reality is - real estate lobby is thriving well and all odds are against the people who moved to flats, without seeing the razor & blade strategy of Banks.
