Look at Indian Infrastructure Poor roods Poor building quality. 10-15 hrs power cuts in most cities. Most no of poor people cast system, terrorism, maoist, regionalism Of course there are positives but otherwise it Cannot be compared to China
Re: IKIK
by max g on Jul 21, 2010 02:26 PM
Pls advice what should be done , we all know what you have mentioned ....are you contributing anything so that things can be done in better way ? do you vote ? if so then why dont you go to Minister office or house with all the residents from u r area to make them work for what u have voted ? if you cant do that then dont post/talk about it.
I grew up watching films of 70's and 80's and they said buyingthe house is a dream for common man, Mehngai is killing them, today we are saying the same thing. the situation remains constant. Why everyone wants to buy property because it appriciates and what appreciates beocomes dearer. so do not worry.
Can anybody tell, which party's election menifesto talk about setting up of Real Estate Regulator..... Why no Nation Parties etc. think or set up this body... There is a smell of black money transaction in every Land/ flat/ Commercial deal in the "would be" Super Power of World..? Are we going to be as corrupt as we are today when we "become SUPERPOWER" -----
Re: Real Estate Regulator
by raghu raj on Jul 21, 2010 01:04 PM
THIS IS A DREAM. IT WAS A SUPERPOWER BETWEEN 10 th century - 15 th century and cannit become a super power. but can be worstpower country in the world.
Re: Re: Real Estate Regulator
by K L on Jul 21, 2010 10:47 AM
Do we need to copy other nations? Isnt our situation unique enough that gives us the right not to follow other nation in every sphere of life? Dont we get any independent thoughts? So as per you we should wait for some nation to be the first and that gives us the licence to think on those lines?
property prices boom why ? politicians and business men had parked money in europe. This money has recently come to india and resulted in this boom. All FDI is actually our taxpayer money routed back. Many innocent People have paid taxes. Some corrupt looted that money and with that money are further looting innocent people. Will property prices come down - only when euro improves and these politicians have better incentive to store money abroad. The flight of money back to europe/mauritius will moderate the prices.
Vegetables, pulses, grains - the boom started because govt diverted large amt of foodgrains under NREGA. but it is anybodys guess how much grains actually reaches benefactories. this fuelled prices up. Urban poor are most affected by this. Now again the price differential (Rs. 35 /- rice in open market vs Rs. 3/- given under NREGA) will fuel corruption. So we are definitely heading for continous bout of inflation, good or bad harvest!!
It is to offer affordable housing especially to those about to retire that we have built our gated community (Melur Meadows Retirement Village) with houses ranging from just 8.5 Lakhs to 24 Lakhs. While it took time for the concept to catch on. In the last 6 months we have sold out as people recognize value for money.
It is to offer affordable housing especially to those about to retire that we have built our gated community (Melur Meadows Retirement Village) with houses ranging from just 8.5 Lakhs to 24 Lakhs. While it took time for the concept to catch on. In the last 6 months we have sold out as people recognize value for money.
Affordable housing in the Cities of India today is just a myth propogated by neo-liberal Business analysts and the Corporate Media. Over the last decade property prices have skyrocketed to an insane level and this has been due to a mix of misplaced priorities, NRI intrusion, population explosion, land scarcity and mindless expansionary monetary policy which have played havoc on the real Middle class who constitute the majority and their dream of owning a house. Forget that, today even getting a budgeted rental apartment is becoming a dream what with rental values crossing all sane limits. Even in places where the infrastructure is in shambles, property prices have gone beyond affordability mainly due to speculative realty dealings by a select few exploting millions. What is the need of the hour is strengthening the public transport system to remote places and creating more satellite towns with the necessary infrastructure so that people will have more choices to contend with. Moreover, monetary policy should be tuned to the changing situation and the RBI should Constitute a body which will monitor the Property market and set strict regulations and guidelines for the Commercial developers and realty developers to comply with.
