thokkalobokkalo Posted October 7 Report Posted October 7 17 minutes ago, jpismahatma said: guju ? Most OPT fellows cannot afford 1 truck and supplies properly. The fact that this guy owns 5 trucks means, there is benami or other people's investment into it, he just took the driver seat and came into spotlight. To multiply 1 food truck to 5 takes years if one person invested into it. Quote
thokkalobokkalo Posted October 7 Report Posted October 7 3 hours ago, kerlip said: My colleague from Mumbai from Cognizant brought 6Cr apt cash in Mumbai. He said invested multiple places and made about 14 Cr and investing 6Cr cash for apartments on 54th floor. most of his friends circle same and they have only 7 years real time exp. Competed bachelors in 2018. I have family friends is in Mumbai too, specifically real estate broking. Situation is very bad on the ground, people do not know where the money needs to come in from. Vast ultra-mega-constructions have built palaces on 20th floor and above where there is opening on 3-4 sides of the apartment looking out at mountains, to Arabian sea and rest of the city all in one flat, priced around 50cr to 100cr. Lots of buildings have 1 lakh maintenance fee per month and mostly empty may be 30-40% occupancy. Shitty situation is the builders thought Mumbai was inevitably going to be center of India's boom and returning NRIs that went abroad in 80s-90s and retiring now. However Dubai tragedy came in where most Bollywood and other A lister fellows started investing in scrap Dubai apartments just for hype and privacy. Then the retirement NRI folk are just amused at the gigantic numbers and back out of investing in Mumbai, settling for much cheaper properties in Alibagh, Nasik, Pune, Goa, Banglore, etc. Don't believe everything you see, the cognizant guys may have been on bench or lots of free time at office, so they might have become real estate brokers on the side while sitting empty handed in office at Cognizant. However, no 2018 graduate would have made millions of USDs (14 crore and other numbers above), so unless they were transacting with some super Bollywood stars in properties or did some international transactions antha market ledu. 1 Quote
thokkalobokkalo Posted October 7 Report Posted October 7 In general Mumbai culture has become similar to US Mortgages where you cannot afford even a decent / higher middle class looking and sounding apartments unless you shell out at least 3-4 crores, this too largely in Navi Mumbai. So yes, this type of buying everyone with a decent job is forced to do, just like all the Dallas, DC, Bay area etc hypes here. Quote
kerlip Posted October 7 Author Report Posted October 7 10 minutes ago, thokkalobokkalo said: I have family friends is in Mumbai too, specifically real estate broking. Situation is very bad on the ground, people do not know where the money needs to come in from. Vast ultra-mega-constructions have built palaces on 20th floor and above where there is opening on 3-4 sides of the apartment looking out at mountains, to Arabian sea and rest of the city all in one flat, priced around 50cr to 100cr. Lots of buildings have 1 lakh maintenance fee per month and mostly empty may be 30-40% occupancy. Shitty situation is the builders thought Mumbai was inevitably going to be center of India's boom and returning NRIs that went abroad in 80s-90s and retiring now. However Dubai tragedy came in where most Bollywood and other A lister fellows started investing in scrap Dubai apartments just for hype and privacy. Then the retirement NRI folk are just amused at the gigantic numbers and back out of investing in Mumbai, settling for much cheaper properties in Alibagh, Nasik, Pune, Goa, Banglore, etc. Don't believe everything you see, the cognizant guys may have been on bench or lots of free time at office, so they might have become real estate brokers on the side while sitting empty handed in office at Cognizant. However, no 2018 graduate would have made millions of USDs (14 crore and other numbers above), so unless they were transacting with some super Bollywood stars in properties or did some international transactions antha market ledu. One line please no time for this crap 1 Quote
thokkalobokkalo Posted October 8 Report Posted October 8 11 hours ago, kerlip said: One line please no time for this crap The numbers do not add up antunde anthe. Quote
kerlip Posted October 8 Author Report Posted October 8 3 hours ago, thokkalobokkalo said: The numbers do not add up antunde anthe. Do math again please Quote
thokkalobokkalo Posted October 8 Report Posted October 8 42 minutes ago, kerlip said: Do math again please Mari adhe overaction ante Quote
nag Posted October 8 Report Posted October 8 On 10/7/2025 at 8:17 AM, kerlip said: My colleague from Mumbai from Cognizant brought 6Cr apt cash in Mumbai. He said invested multiple places and made about 14 Cr and investing 6Cr cash for apartments on 54th floor. most of his friends circle same and they have only 7 years real time exp. Competed bachelors in 2018. money / wealth multiplication ki generation tho sambandhi ledhu baalu Quote
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