Latest News from Author Sunainaa Chadha

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Tuesday, May 21st 08:36 AM IST

Sunainaa Chadha

Forget gold, real estate is a bigger time-bomb for all

May 16, 2013

Even though the Finance Minister and the Reserve Bank of India (RBI) have in the last couple of months repeatedly warned about the repercussions of Indians hoarding too much gold, the role of real estate as a traditional investment avenue has largely been ignored. Gold may be a time-bomb for the #finance ministry #Gold #HowThisWorks #Investment #property prices #RBI #Real estate
Chart: Markets top 20k but here’s why it’s not a bull run

May 9, 2013

Indian markets have been soaring for the past two weeks thanks to the flood of global liquidity. Currently, foreigners are the most dominant shareholders in the country's equity markets with an 18.6 percent stake. In fact, in the March quarter, FII inflows hit an all time high, but the equity markets #ChartView #FII #MarketWatch #nifty #Sensex #Stock market
Worli demolition: Builder body seeks amicable solution

Apr 30, 2013

Extending support to the residents of the Campa Cola Compound in Worli, realtors body MCHI CREDAI today called for an amicable solution for the 200-plus residents who are making last-ditch attempts to get their flats regularised and prevent BMC’s massive demolition drive on Thursday. The civic body has delayed it #Builders body #Campa Cola Compound #Illegal construction #Industry #Mumbai #Worli residents
Why property investment is a better bet than equity

Apr 29, 2013

With the global economy in doldrums and the domestic economy also not faring well, return on property investment in the last five years has beaten equity hands down but lagged gold which is regarded as the ideal safe-haven investment when all is now well with the economy. According to the latest #ChartView #equity #Gold #Investment #property #Property investment #Sensex #Stock market
Read between the lines: Luxury housing discounts are a gimmick

Apr 29, 2013

Mumbai's developers may be devising ways to cash in on desperation of buyers, who have been endlessly waiting for signs of a price correction. Leading developers in the city seem to have kick-started easing of property prices with around 10-15 percent lower price tags for luxury projects in central Mumbai, an #developers #Indiabulls #Industry #Lodha #luxury housing #property #Real estate #ToTheContrary
Worli residents: Why is the BMC in a hurry to raze our flats?

Apr 26, 2013

Mumbai: An unprecedented Supreme Court order which permits the BMC to demolish all structures above the fifth floor of seven buildings in Worli's Campa Cola Compound will render 200 families homeless. The structures include 140 residential flats, many of the occupants of which are senior citizens and residents for more #Brihanmumbai Municipal Corporation #Campa Cola Compound #Esha Ekta Apartments #Illegal construction #Midtown #ToWhatEffect #Worli
Realty is in trouble: Buyer boycott has not abated

Apr 25, 2013

No money, no buyers and plateauing real estate prices imply deep trouble for real estate developers. They are no longer clinching deals at current high prices. In the last four months, at least four companies have defaulted on debt-servicing obligations as bank credit has dried up and sales volumes have slowed #builders #buyers #Default #Mantri Realty #property
Gold dips: Will property become more affordable now?

Apr 20, 2013

The decline in gold prices, resulting from market expectations that Cyprus would sell its gold reserve to save itself from financial crisis and that US quantitative easing would come to an end soon, is an opportunity for buyers to shift from real estate investments to bullion. When markets are volatile, investors #bubble #Gold #HowThisWorks #Investment #Real estate
Bullion spiral wrong foots gold loan firms; shares plunge

Apr 17, 2013

Even though the crash in bullion prices implies a golden time for buyers with a sudden surge in demand for the precious metal, it does not bear good news for gold loan companies as falling value of collaterals could result in serious under recoveries for these firms as feared by #bullion #Gold #HowThisWorks #Manappuram Finance #Muthoot Finance #yellow metal
No sales: 1.4 lakh unsold NCR houses; Mumbai property show a flop

Apr 17, 2013

A Mint report yesterday said acute labour shortage in the real estate industry due to social schemes such as MGNREGA which impact availability of migrant workers, is resulting in inordinate project delays and hampering the growth of the sector. "The labour shortage is prompting developers to delay new launches by nine #builders #InMyOpinion #Labour Shortage #NREGA #project delays

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Editor's picks

Not just niceties, China and India need to focus on thorny issues

India’s discourse with China has traditionally been trapped in the Mao-ist maze that defines how “friends” ought to conduct themselves. But Chinese statecraft has evolved, and India too must up its diplomatic game.
Why the Indian media gives a damn about poverty

In that sense the poverty line of India is cruel. It is merciless and doesn’t allow the majority of Indians any money for shelter or access to education or healthcare or sanitation or anything else that civilised nations would consider as essential as food.
Goa meet: Will the BJP finally find a way out of its troubles?

Can the party resolve internal discord and take a call on Modi’s PM candidature?
Why Dhoni, Tendulkar can't distance themselves from spot fixing

Try following a game on twitter or with friends or at the ground. At every step of the way, the spot-fixing question raises itself.

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.

Angelina’s breast surgery possible in India, but there's a catch

So can we test in India and gain from the same treatment privilege that Jolie had? Yes, but there is a catch.
IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Live detailed updates as KKR take on Pune in a must-win game at Ranchi.
Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Bedi’s argument that we should focus on the legal wrong committed by the girl slapped by cops is technical, disingenuous and enabling.
Cloak but no dagger: The awfully mundane world of spies

There’s an endearing quality to reports that a CIA spy was arrested in Moscow: he comes across as a bumbling amateur who represents the lost Age of Innocence in the world of espionage.

From here on, Sonia-Manmohan dyarchy is a slow train wreck

The “two heads” power arrangement between Congress president Sonia Gandhi and Prime Minister Manmohan Singh is coming apart at the seams.
Lessons from Karnataka: Cong must stop backing corrupt leaders in Andhra

The fact that it has allowed individuals named in chargesheets to continue as ministers is evidence that the Congress runs Andhra Pradesh as if it is its fiefdom, without a care for ethics in public life.
IPL 2013: How Isa Guha is changing perceptions about cricket presenters

Isa Guha is not your usual female cricket presenter. Apart from being an ex-player, she’s highly educated and injects a breath of fresh air on Indian screens.
Android and Chrome aren't merging for now, says Google's Sundar Pichai

Pichai has emphasised that Google is embracing both Chrome and Android is investing in both at least for now.

Ashwani to be shifted, Bansal to be booted? PM will decide

The fate of the two ministers is reportedly in the hands of the Prime Minister who has been told to take a final call.
How the Sarabjit-Sanaullah episode diminishes India

The Sarabjit-Sanaullah episode shows that for all of India’s attempts to project itself as an emerging global power, with a footprint larger than just the South Asian peninsula, it is unable to break out of its hyphenated relationship with Pakistan.
Changing dynamics: Is low-cost flying becoming really high cost?

Consumers may have to pay a high price for both the lower price and increased choice.
Star Trek Into Darkness is a perfectly adequate popcorn film

Star Trek Into Darkness is a perfectly adequate summer blockbuster film. It is impeccably tailored to please both the Trekkies and the non-geeks, genre lovers as well as the average moviegoer.