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sbkv
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Joined: 07/Jun/2010
Location: India
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Posts: 42
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   Posted: 29/Jan/2011 at 11:39am |
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Hmm has somebody done one 'worst case scenario' analysis of Real estate, which just got closer to reality with Rate hikes(less buying by consumers & dropping of prices on reduced volumes), Falling stock market & aversion to real estate investments/stocks(Only few 'Quality' real estate players will be able to raise equity). Banks have become averse to lend to real estate companies in view of infamous 'Loan scam' & tighter provisioning/risk weightage for real estate loans, increased Registration costs in Pune, Mumbai, Delhi, etc leading to higher costs to end consumers & less offtake & loads of debt coming for repayment soon.
Could there be a mass default of mid/small cap Real estate companies , leading to big NPA's & further crash of real estate price due to distress sale leading to vicious cyle & bankruptcy?
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gary24
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Joined: 21/May/2010
Location: India
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Posts: 62
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Posted: 10/Mar/2011 at 9:46am |
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Moreover, the whole governance / integrity issue is more significant in this sector than any other sector in India. We all know and recognize that lack of governance is a pandemic in India but the complete lack of transparency shown by real estate companies is staggering. For example - there is no way for one to know how money acrrued in one project is utilized in next.
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Learning to fly ... but ain't got wings!
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gary24
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Joined: 21/May/2010
Location: India
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Posts: 62
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Posted: 10/Mar/2011 at 9:48am |
Originally posted by numcru
By February, 2011 the Sensex will start it's ascent to 25,000 levels. Real Estate will do extremely well. Time to load up on DLF, Unitech and HDIL. |
Dude - what do you smoke ? :-) :-)
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Learning to fly ... but ain't got wings!
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numcru
Senior Member
Joined: 24/Jan/2011
Location: India
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Posts: 267
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Posted: 10/Mar/2011 at 11:23am |
Originally posted by gary24
Originally posted by numcru
By February, 2011 the Sensex will start it's ascent to 25,000 levels. Real Estate will do extremely well. Time to load up on DLF, Unitech and HDIL. |
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Arrey Shankarji,
My post was indeed hasty as I look back but as they say never stop a "raw" kid who displays enthusiasm . I stand by the 25,000 Sensex levels by December, 2011. However due to war in Libya the Sensex may decline in March. Experts are predicting the crude prices to fall to 100$ within this month. However Real Estate is a different fish. 2011 may see real estate prices fall in Mumbai and Delhi. Demand may pick up. However one would recall about 1-2 years back the real estate companies let their prices fall for a while and then increased the prices. If only they were a little discerning we could have seen demand pick up. There is a saying which goes like this "Easy come, Easy Go"- if one earns money fast and quick one spends it faster and loses the money. One can look at Orbit Corporation, Unitech (scam ridden of course!) which seems to be rising for the year.
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-66 and 93
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 11/Mar/2011 at 12:47pm |
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Please keep all these crystal ball predictions to one thread only!
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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tigershark
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Joined: 13/Oct/2006
Location: India
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Posts: 3542
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Posted: 11/Mar/2011 at 9:28pm |
Originally posted by numcru
Originally posted by gary24
Originally posted by numcru
By February, 2011 the Sensex will start it's ascent to 25,000 levels. Real Estate will do extremely well. Time to load up on DLF, Unitech and HDIL. |
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Arrey Shankarji,
My post was indeed hasty as I look back but as they say never stop a "raw" kid who displays enthusiasm. I stand by the 25,000 Sensex levels by December, 2011. However due to war in Libya the Sensex may decline in March. Experts are predicting the crude prices to fall to 100$ within this month. However Real Estate is a different fish. 2011 may see real estate prices fall in Mumbai and Delhi. Demand may pick up. However one would recall about 1-2 years back the real estate companies let their prices fall for a while and then increased the prices. If only they were a little discerning we could have seen demand pick up. There is a saying which goes like this "Easy come, Easy Go"- if one earns money fast and quick one spends it faster and loses the money. One can look at Orbit Corporation, Unitech (scam ridden of course!) which seems to be rising for the year. |
you sound more like bejan daruwalla
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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barla
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Joined: 15/Sep/2008
Location: India
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Posts: 779
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Posted: 11/Mar/2011 at 11:34pm |
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bejan daruwala is very famous. but how is he. i think we need to continue this discussion at some othe forum
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ashishkapoor
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Joined: 12/Apr/2011
Location: India
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Posts: 1
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Posted: 18/Apr/2011 at 7:27pm |
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They say it’s the last sea-facing property available in Kochi? Do you guys think it’s true?
The DLF Group has now come up again with its new luxurious project Bay View at Marine Drive, Kochi. The project has been developed along with Shonmugom Road and Marine Drive Walkway just opposite the High Court which connects it to the city centre. The location is on the Waterfront to Kochi Harbour.
Visit http://dlfindia.in/bay-view-kochi/ for more.
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