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HDFC finds India's real estate to be affordable. Here's why it is wrong

May 19, 2015

HDFC finds India's real estate to be affordable. Here's why it is wrong

The home loan lender HDFC in its latest investor presentation says that homes have seen an improved affordability. This goes against everything that one sees in the real estate sector these days, where prices have gone so high that most people wanting to buy a home to live in, can't. #HDFC #realty #homes #Real estate #LIG
Why no penalty on other realtors? DLF hits back at Competition Commission

May 15, 2015

Why no penalty on other realtors? DLF hits back at Competition Commission

In a fresh order yesterday against DLF, the Competition Commission of India (CCI) ruled that the realty giant was guilty of indulging in 'unfair and abusive' business practices in sale of apartments in a Gurgaon housing project. #Competition Commission of India #DLF #CCI #realty #DLF Gurgaon Home Developers #DLF New Town Heights #fair trade regulator #unfair and abusive business practices
With no sales in Mumbai, builders are using these schemes to lure fence-sitters

Apr 27, 2015

With no sales in Mumbai, builders are using these schemes to lure fence-sitters

In response to the unrelenting sluggishness in the market, Mumbais developers have been offering various schemes to entice fence-sitters; at a recently-held property exhibition in Mumbai, such schemes were very much in evidence. #Mumbai #property #realty #Mumbai Real Estate #discount schemes
Saradha scam: Sudipta bought sick units to turn black money into white, says ED

Mar 15, 2015

Saradha scam: Sudipta bought sick units to turn black money into white, says ED

Sudipta Sen, the chief architect of over Rs 2,000 crore Saradha chit fund scam, parked hard earned investor funds into loss making companies to convert huge black money into white, a probe report has revealed. #Enforcement Directorate #CBI #Sudipta Sen #Saradha Realty India #Saradha scam
Sensex, Nifty record biggest drop in three months on US rate hike fears

Mar 09, 2015

Sensex, Nifty record biggest drop in three months on US rate hike fears

The BSE 30-share Sensex resumed with a gapdown and moved southwards to break 29,000-mark to a low of 28,799.76 before concluding at 28,844.78 -- a net loss of 604.17 points, or 2.05 percent. #Sensex #Hindalco #TCS #nifty #Capital goods #metal #realty #MarketClose #Sesa Sterlite #Foreign Portfolio Investors #Domestic institutional investors #BSE Bank

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Thane Don't believe glossy real estate ads, this city is no escape from Mumbai

Jul 30, 2014

Thane Don't believe glossy real estate ads, this city is no escape from Mumbai

Thane suffers from a highly politicised municipal governance that is ineffective -- its green cover claims are dubious, it has no idea how to deal with the fastest growing population and its infrastructure is crumbling. #Thane #InMyOpinion #Mumbai #Infrastructure #Governance #realty #stray dogs #Transport #Real estate prices #Trees #Green Cover #Mumbai Metropolitan Region
Why property is not always a healthy investment for you

Jan 27, 2012

Why property is not always a healthy investment for you

Extending yourself to buy property to live in may be okay, but those who do so purely as investment could come to grief. #Realty Bytes #property prices #NotJobsButPassion