8 Comments

    • Morgan Stanley: India's Best Response to Rising Inflation [view article]
      Inflation in India is a CON. The government uses a 1902 standard called Wholesale Price Index (WPI) which is as outmoded as the view that India is the land of snake charmers and elephants. Actually, it is a country fettered to Queen Victoria's underwear. May 22 09:02 AM
    • Only These Three Things Can Halt Oil's Advance [view article]
      Simplistic plan. The first thing you chaps in the US need to do is to stop voting for Presidents who own Haliburton, Carlyle etc. Bush has too much at stake here. These oil profits go straight in to Republican coffers. BTW, I am from India, so have the least interest on who you elect. Thus, my view is unbiased. May 22 08:48 AM
    • Why the U.S. Credit Crunch Will Not Affect India [view article]
      This will be the final high, because, post this, we will see such a severe shock, that it could be that real estate in India will not rise again. eclectic-investor.blog... May 20 11:58 AM
    • Seeking Alpha in Indian Real Estate [view article]
      Would like to refer you to an article I sourced and built upon eclectic-investor.blog... [[do leave your comments on my site]] May 17 02:37 PM
    • India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [view article]
      Dear Nitin Singhal, you seem to have completely ignored something called negative equity. Is there not a possibility that the return on my real estate delivers less than my mortgage over 25 years? May 17 02:17 PM
    • India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [view article]
      I read all these comments and shudder. Yet I know people thinking not twice before picking up a 3-bed (1200) sq ft apartment in santa cruz for 2.3 crore. This same stuff was availble for Rs 60 lakh in 2002. May 17 02:14 PM
    • Seeking Alpha in Indian Real Estate [view article]
      I know of villagers who have become instant millionaires and brokers who have become builders. I think cycles occur, and if you are present in a cycle at the right time, you ride the crest. Nonetheless, I see in Mangalore, gulf-based Indians, are starting to pick apartments for Rs 3000 per sq ft, in a place, where electricity is hard to come by. These were rates that existed in 2005 in Mumbai suburbs. I have been given a quote of 3900 psf in a place like Bajpe, with stories of 4 -lane highways and new airport etc. Well, Im not saying these things dont work. they do, but entering at the top of any cycle doesnt. Today, we are at the top! May 17 01:14 PM
    • Indian Realty Sector Expected to Grow 45% in 2008 [view article]
      The Indian real estate market is a bubble. Anyone who enters today - is bound to sell in distress 3-5 years from now. This pain is at least going to last 25 years. Similar or may be worse than Japan. The Indian government is naive and the cheerleader, if not the architect, to this madness. May 17 05:58 AM
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