Here again the experts are coming to defend the sector just like stock market.What this boom is all about? Everybody wants that they get the best value for their product.Have you seen the price DLF had fixed for their IPO? Same with reliance and all other big businesses.They take the cream out of the company and float the IPO for it.See the balance Sheet of DLF for the last quarter.They were running on negative cash flow.Imagine what would have happened if there were no IPO or if their IPO would have failed. They all know with sound advertisement and with good communication strategy they can sell any thing.Investors should be wary of these companies unless and untill it is worth buying. There should be compulsory grading of shares across all categories which are already listed and compulsory for new issue also. Rating companies should be held accountable if they are not taking due care in providing the grade. Fiends these people (not all) want to become rich with our money so their should be strict law so that they can be held accountable if there is anything fishy.Now for real estate career. It seems that if 10 persons (experts) and news paper are saying samething then we get the feeling that the sector is booming. The main bottleneck is sheer lack of transparency 80% of this sectors is still unorganised.They don't have business model.They want to ride on this so called virtual boom.Dear players you will have to plan your business model so that there must be buyers for it.
