India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
I agree 100% with Anshu on this. I was in India last year and real estate prices in everywhere has totally been inflated. My question is if there is a way to short the real estate market being an NRI ?
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
I concur 100% with Anshu that real estate pricing doesn't make sense at all. Having never see a real estate downturn in India doesn't mean that it will not occur. My question is if anyone knows of a way for an NRI to short the real estate market in India ?
Asif, I was in India last year around this time and spent 2 months around the country. I agree with your assessment on hotels, costing upward of $300-$400. However, I would have to argue that this is a period of weddings is India. Apart from Bangalore, where there is a shortage of hotels I don't think any other big city in India would warrant a increase of hotel rates as I saw. In general prices are inflated and I would think there would be a correction and would be cautious !!
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
India's Exploding Real Estate Market: Shades of the Florida Condo Bubble [View article]
India: Emerging Market Opportunity [View article]
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India: Emerging Market Opportunity [View article]
I was in India last year around this time and spent 2 months around the country. I agree with your assessment on hotels, costing upward of $300-$400. However, I would have to argue that this is a period of weddings is India. Apart from Bangalore, where there is a shortage of hotels I don't think any other big city in India would warrant a increase of hotel rates as I saw. In general prices are inflated and I would think there would be a correction and would be cautious !!