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
I 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, […]
Read moreStrange as it may sound, to invoke a Tamil slang word while referring to the serious business of Delhi master plans MPD 2021. It is relevant. Read on. ‘Kolaveri’ means Rage, Anger etc. and that is precisely the emotion, which should see the MPD 2021 through. Aren’t we angry that something notified in Feb’ 2007 hasn’t still seen the light […]
Read moreHow often have we heard that the prices in Central & South Delhi are either at par, or much higher than the tony areas of Tokyo, London & New York? Chances are that you are amongst 9 of the 10 surveyed. The ‘Aam Aadmi’ is just a word bereft of the benefits of the free market world. In […]
Read more“Adversity brings out necessities”, said a management guru, at a seminar that I attended a few years back. However, my journey is the real estate sector proved otherwise. Let me explain. During the adverse period for the industry in late 2008 till 2012, everyone connected with the industry experimented with words like “Affordable”, EWS, Mass housing, Green, efficient, productivity […]
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