If you burn your finger in a pot of boiling water, should you blame the water, the pot, the fire or yourself?
REAL ESTATE IN INDIA
How often have we seen & heard of alluring advertisements in the media, posted by Brokers & developers offering Farm Houses in Noida & areas of Delhi, on the Yamuna river bed. A lot many of them have already taken the bite, and have sunk in their hard earned money into the promise of “Farmhouse living”. For the uninitiated, […]
Read moreThe authorities displayed amazing alacrity & brusqueness during the past one-year while dealing with the Farm Houses in Delhi, both existing & the fresh supply. Agreed, the Farmhouse policy was christened ‘Country Homes’ and in it’s final avatar, the ‘Low density residential plots (LDRP)’. “The fallacy of policy making being the belief that the mere change in nomenclature can be […]
Read moreAs a follow up to my article pre-budget, this is the first reaction @ 1600 Hrs on 10th July’ 2014, after speaking to friends from the industry. The Real estate industry is largely welcoming of this budget, for clear directions by the FM on three critical components for the industry. Recovery & growth of general economic conditions – The FM […]
Read moreI am reminded of an incident during the first qtr. of 2014, an event organized by one of the industry bodies of Real estate developers, wherein an Union minister was grilled mercilessly by the builder lobby, with fear of retribution or remorse They actually read out the writing on the wall to the outgoing minister. A new government in place, […]
Read more“Ninety percent of all millionaires become so through owning real estate” ~ Andrew Carnegie The above quote is largely the catalyst for the swagger amongst the corporate executives & SME owners who invested into real estate during the years 2000 – 2007, in the NCR & some select markets in India. While the analysts would still label the real estate […]
Read moreBlack money, failed transactions, deceit, cheat, opaque, pre launches, scam, unregulated, rogue builders etc are terms which are referred to in the Indian real estate sector, although not the desired references to the largest employers of human capital in India, after agriculture. If IT / ITES is forecasted to be the show-window of out nation with a $125 Billion turnover, […]
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