1:44 : Ramesh sir, any decent half read and half brain investor won't invest in Indian real estate markets. The Indian real estate is not for investment and you Real Estate guys had a good ride in the last 15 years but now no more! Look around in other countries like US, UK etc what is the Rent to Price ratio when investors invest. Forget those days now. What do you mean most people are buying only to live in..haha A HOUSE SHOULD BE BOUGHT ONLY TO LiVE IN! If you want to "invest" then there are far better other investment opportunities. Is this guy crazy or something? Do you think we people are such fools? And I'm so surprised he says it's sad that speculators are out of the market!!? Who in his right mind and right understanding says that? Speculators should be out of the market!! Any market. For example, stock market investors like Warren Buffet would never say he is sad that speculators are out of the market, he would be happy about it. These money hoarders running real estate companies that know nothing beyond robbing money out of investors/speculators/and true buyers. Assholes! Prices of residential units is terribly high in India. I have lived in US and you get a mansion with private swimming pool in almost any city in US for the price of 2 BHK in metro cities in India. Currently Indian cities have lakhs and lakhs of unsold units. So buyers.. do not buy if you can't easily afford it. There is no point in wasting your life in paying EMIs. Try to get together with other buyers and ask for a heavy discount like 30-40%. If anyone wants to buy real estate in Pune, please comment here and get in touch with me.
i main reason i see for real estate recession is that most of the developers and builders are cheating customers . By not providing timely possession to the customers
1:44 : Ramesh sir, any decent half read and half brain investor won't invest in Indian real estate markets. The Indian real estate is not for investment and you Real Estate guys had a good ride in the last 15 years but now no more! Look around in other countries like US, UK etc what is the Rent to Price ratio when investors invest. Forget those days now.
What do you mean most people are buying only to live in..haha A HOUSE SHOULD BE BOUGHT ONLY TO LiVE IN! If you want to "invest" then there are far better other investment opportunities. Is this guy crazy or something? Do you think we people are such fools?
And I'm so surprised he says it's sad that speculators are out of the market!!? Who in his right mind and right understanding says that? Speculators should be out of the market!! Any market. For example, stock market investors like Warren Buffet would never say he is sad that speculators are out of the market, he would be happy about it. These money hoarders running real estate companies that know nothing beyond robbing money out of investors/speculators/and true buyers. Assholes!
Prices of residential units is terribly high in India. I have lived in US and you get a mansion with private swimming pool in almost any city in US for the price of 2 BHK in metro cities in India. Currently Indian cities have lakhs and lakhs of unsold units. So buyers.. do not buy if you can't easily afford it. There is no point in wasting your life in paying EMIs. Try to get together with other buyers and ask for a heavy discount like 30-40%. If anyone wants to buy real estate in Pune, please comment here and get in touch with me.
Well said
i main reason i see for real estate recession is that most of the developers and builders are cheating customers . By not providing timely possession to the customers
#rksmandysharma