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Prices in Tier II cities...
by krishna on Dec 10, 2006 04:27 PM   Permalink

Take a city like Mysore. The official quoted figures of software exports are around 350 Crs for the year ending 2006. Yesterday, there was a inaguration of a software firm. During the inaguration a STP chief and gang mentioned the growth of Mysore. It was also mentioned that Mysore exports are expected around 1000 Crores. I just did a reality check. Guess what ? getting a list of 30 companies is hard. And, check out the websites of these companies. No great shakes. Recently started, Half done, not responding are the collection. For 1000 crores, there should be something more !

We should ask one simple question ? Are companies ganging up to participate in the milk their share in real estate. See deeper and you will find the Govt. also playing the game.

It is a pity- due to exchange rate difference, hard jobs are coming to India, and our youngsters are sacrificing their lives to serve the foreigners, and the Govt. and mericiless corporates are trying to get share in real estate pie.

In mysore, 60,000 official muda sites are empty (Star of Mysore). Private sites must be double this. 2,00,000 empty sites for city like mysore? We are heading for big trouble. Same everywhere.



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