$865 million luxury apartment community in Delhi gets sold out in under 3 days

[Havingsaidthat]

8 minutes ago, Konebhar6 said:

Plenty of opportunities in india. Plenty of people into business and earning well. Even successful street vendors are earning in lakhs/month. Its good. 

Even Gundas and anti-social elements have ventured into kidnapping/settlements and making merry... Govt officials are earning so much in bribes for approving projects ... 

India is flourishing ... blooming .... etc etc  

[yemdoing]

1 hour ago, kevinUsa said:

💯 Correct sir

Last November was in India and heard various stories like this we are looking for villa for 10cr ani...

We want to send our kid to boarding school in Europe ata.. how people making money ???

 

Not jaab… yaparam . In my small town of 2.5 lakh people a decent independent home costs around 5CR . Fucck it’s expensive to own a home in my small town than owing in Dallas . 
 

Business people are able to afford it . 

[yemdoing]

1 hour ago, kevinUsa said:

Looks like a perfect bubble to be burst 

@dasari4kntr

China did same thing and almost brought its economy to the knees...

next India ne....

 

Not comparable … I think China doesn’t have black money problem . But india has lot of black money and only way to hide and park black money is in real estate . 
 

land rates are atleast 30 years ahead . Meaning it makes sense to buy a commercial property if returns are atleast 10% annually . But you hardly get 2 or 3% returns on rent . 

[KadapaKingg]

2 hours ago, yemdoing said:

Not comparable … I think China doesn’t have black money problem . But india has lot of black money and only way to hide and park black money is in real estate . 
 

land rates are atleast 30 years ahead . Meaning it makes sense to buy a commercial property if returns are atleast 10% annually . But you hardly get 2 or 3% returns on rent . 

DLF takes only white anna.. What you are thinking about is local small scale hyderabad builders and rural land buyers. Most of the big groups like Aparna, My Home, Aditya have stopped taking black payments long ago

[yemdoing]

1 hour ago, KadapaKingg said:

DLF takes only white anna.. What you are thinking about is local small scale hyderabad builders and rural land buyers. Most of the big groups like Aparna, My Home, Aditya have stopped taking black payments long ago

Total real estate market ( urban and rural ) tho compare chesthey corporate ( DLF , aparna, my home ) will have a small share . 
 

my point is because lot of transactions happen in black , market crash like in China is not possible . 

[JonSnowUSA]

India should atleast have 15 metro cities by considering the population. Tippi kodithe 5 metros.. Development and industries antha ikkade sachayi. Peragakapothe emi chestadi. Developing countries tho ide issue.. Last time Brazil user tho matladithe ma country 50% population motham sao paulo lo vuntadi ante fusulu egirinayi.. anduke inthala vuntayi cost.

Real estate in Indian metro never go down. Idi matram pakka

[jalsa01]

Anyone earning 1Cr can afford these.. As per news people filing 1 Cr ITR are more than 2 Lakhs in India.. andulo  10% eskunna 20K ppl earn 1 Cr white money in NCR Region..   1k falts is nothing

[lollilolli2020]

11 hours ago, kevinUsa said:

Aa apartment lo unte andromeda Galaxy kanipsitada ??

smog clear aithe yes

[Chevilopuvvu]

11 hours ago, JaiBalayyaaa said:

I mean it's similar to here, each apartment is $800k. 

Yeda vaa 800K apartments? Maa thana 400-500K New Jersey la.

[kevinUsa]

2 hours ago, JonSnowUSA said:

India should atleast have 15 metro cities by considering the population. Tippi kodithe 5 metros.. Development and industries antha ikkade sachayi. Peragakapothe emi chestadi. Developing countries tho ide issue.. Last time Brazil user tho matladithe ma country 50% population motham sao paulo lo vuntadi ante fusulu egirinayi.. anduke inthala vuntayi cost.

Real estate in Indian metro never go down. Idi matram pakka

Sir Canada lo 75% population kuda near metros lo untadi 

GTA lo 8mi

 

25% population in Toronto only sir

[trent]

I told here already many times. Invest in India ani this decade you will see enarmous wealth creation in India.

sametime things will be costly and inflation will be high. But it’s the byproduct of economic growth. 
 

india is now in same spot like China 20 yrs ago.

invest in Indian markets. Else you will loose a lifetime opportunity 

[ManOffSteel]

1 hour ago, jalsa01 said:

Anyone earning 1Cr can afford these.. As per news people filing 1 Cr ITR are more than 2 Lakhs in India.. andulo  10% eskunna 20K ppl earn 1 Cr white money in NCR Region..   1k falts is nothing

Unofficially the number will be at least 10 times that number. They show some business deductions and all bull and file the taxes for the lowest amount possible..

[kakatiya]

Gurgram is worst city to live.. roads are horrible ..

[JaiBalayyaaa]

32 minutes ago, Chevilopuvvu said:

Yeda vaa 800K apartments? Maa thana 400-500K New Jersey la.

Bay area lo

[kevinUsa]

11 minutes ago, trent said:

I told here already many times. Invest in India ani this decade you will see enarmous wealth creation in India.

sametime things will be costly and inflation will be high. But it’s the byproduct of economic growth. 
 

india is now in same spot like China 20 yrs ago.

invest in Indian markets. Else you will loose a lifetime opportunity 

Ante