Posted On
6/20/2019
7:11:42 AM
by
m bhargav
before paying money to buy property ask builders for noc of the project . if he can not show no means property under mortgage or have some litigation , it will not be registered though company may give occupancy and everything will be on customer head
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Posted On
6/20/2019
7:19:31 AM
by
Jacob
Yes very true. Because of this today we can buy property at a reasonable price!
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Posted On
6/20/2019
11:59:37 AM
by
Scorpio
Real estate is one of the direct reflections of the economy and i thought india is shining and economy is booming? Oh i forgot, that is what bakths believe
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Posted On
6/22/2019
11:42:12 PM
by
PK
Real estate bubble had to burst, it was just the matter of timing. It was becoming unaffordable for people who really wanted to live. 60-70% flats were purchased by investors who wanted to make profit. It is unfortunate that we invested at wrong time.
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Posted On
6/23/2019
2:27:39 AM
by
lol
I took DHFL shares @ rs 450 one year back and now it values 90 rs that''s the fate of Real Estate company loss of nearly 4 lakhs
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Posted On
6/23/2019
2:36:22 AM
by
@lol
same pitch bro
I took when it was at 240 thought it will grow but all washed out
my fate..
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Posted On
6/23/2019
2:49:37 AM
by
Flatwala
Now the flats are affordable. Earlier it was out of common man''s reach.
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Posted On
6/23/2019
5:18:18 AM
by
br
selling a flat very difficult. Buy flat only if you are sure you will stay there life long. even rental income return is less than bank FD and no appreciation for flat value, even there is appreciation no one will buy as new flats are there for same price.
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Posted On
6/23/2019
5:21:07 PM
by
PK
@br, u rightly said, flat should be bought only with the purpose of staying. I would welcome a law to restrict buyers from purchasing more than 2 flats.
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Posted On
6/23/2019
8:36:41 PM
by
Maverick
The real estate bubble was sure to burst at some point and the worst is yet to come. We are only seeing the tip of the iceberg now in the economy. The domino effect of this is going to be visible really soon by the end of this year. Like the others have commented, the real estate scene in India really needed a correction just as the stock markets, as affordable homing was becoming out of the question for the middle class.
Indian markets are driven by speculation and a follow the herd psychology where the real villian is the derivatives.
For now, not much we can do but keep the hard earned money in the banks and wait for the entire shit storm to pass and then invest at a fairly corrected price in both real estate and Share markets.
For Lol & @lol : Stay invested. Give it time and done sell out due to emotion or youtube news. As history has proven always.... if fundamentals are strong the companies will bounce back. Its not only DHFL shares, the entire set of shares in this is sector is under the sun. Patience is the key.
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