Why do I find so many attractive targets to write about? Just found an article on Rediff.com saying ‘Six reasons why property prices WILL NOT FALL in your city’. Let us look at it reason by reason? “Property prices across the country are unlikely to see significant price corrections of more than 10 per [...]
I am convinced that there is a mafia out there of loan givers, steel manufacturers, cement manufacturers, etc. who want you to buy a house. I have been talking to a couple of builders, financers, investors….and frankly not convinced that the real estate market is any where near mouth watering levels. Same is true for [...]
I have been hearing from friends about good real estate deals in US and UK. Not that real estate there is a good deal or a bad deal, but when you compare it to Indian prices, it surely looks attractive. It may also be some kind of a protection for people investing only in India. [...]
A friend called me with a surprising question. Let us call him M.D. He bought a house in Navi Mumbai for about Rs. 80 Lakhs, – of this about Rs. 55 lakhs was funded by a loan from the State Bank of India. Over the last 4 years he had paid a lot of interest, [...]
Not sure how many people know how media awards are given…it is a fantastic story in itself. I know one CTO of a large bfsi company (who is actually technically challenged!!) who got the ‘best use of technology’ award. I know his OWN colleagues telling me about his technology knowledge. Well we all laughed. I [...]
What does a common man expect from the government? – Create an environment where the Private sector is willing to invest for a decent profit. – Law and Order -External Affairs -Defence -Judiciary – Infrastructure of the type in which the Private sector is too small to invest, or in which the government will (strategically) [...]