 |
| |||
Dear ck.kislay,
You are subscribed to the thread "Real Estate Bubble Set to Burst Again in India" by MANOJa, there have been 7 post(s) to this thread, the last poster was Bharatiya.
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: PropInvest24
On: April 24 2018 09:31 AM
in the view of all the recent developments - has property no longer become a viable investment?
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: Bharatiya
On: April 24 2018 01:00 PM
[QUOTE=sapvin82;n2595071]LOL. all these banks are bankrupt and will be sold off. Everybody knows it and banks are not indicator of economy especially public sector banks. Economic indicators are GDP, per capita income growth, Infrasturucture. India is doing very well in all of those. Stope spreading negativity. Be positive. As I said there will be no crash of RE in India and I have been right for last 10 years. Stock market may also double by end 2019. [/QUOTE] Then tell me why India's GDP growth is on number 1 but per Capita income is on 112, behind much of African countries and backward nations like Pakistan. Regarding Infrastructure, lesser said the better. Forget about Rural India, there is shortage of clean water even in most of urban cities. Pathetic infrastructure. Transportation. Railways. Roads all pathetic. No electricity in much of Rural India. Govt gives electricity for 4 hours a day and declare the village electrified! That's the status of Infrastructure in India.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: sapvin82
On: April 24 2018 04:30 PM
[QUOTE=Bharatiya;n2595162][QUOTE=sapvin82;n2595071]LOL. all these banks are bankrupt and will be sold off. Everybody knows it and banks are not indicator of economy especially public sector banks. Economic indicators are GDP, per capita income growth, Infrasturucture. India is doing very well in all of those. Stope spreading negativity. Be positive. As I said there will be no crash of RE in India and I have been right for last 10 years. Stock market may also double by end 2019. [/QUOTE] Then tell me why India's GDP growth is on number 1 but per Capita income is on 112, behind much of African countries and backward nations like Pakistan. Regarding Infrastructure, lesser said the better. Forget about Rural India, there is shortage of clean water even in most of urban cities. Pathetic infrastructure. Transportation. Railways. Roads all pathetic. No electricity in much of Rural India. Govt gives electricity for 4 hours a day and declare the village electrified! That's the status of Infrastructure in India.[/QUOTE]I think you need to study more. I am saying Growth. Income wise and GDP wise India is growing massively. Rural electrification and Infrastructure neglect of 60 years can't be fixed in 5-10 years. We need sustainable investment over multiple decades. Things are improving day by day, year by year..Comparison to other countries will not help as we have 1.2 billion population. So we will always be a unique case.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: jaijai
On: April 24 2018 05:44 PM
[QUOTE=sapvin82;n2595199][QUOTE=Bharatiya;n2595162][QUOTE=sapvin82;n2595071]LOL. all these banks are bankrupt and will be sold off. Everybody knows it and banks are not indicator of economy especially public sector banks. Economic indicators are GDP, per capita income growth, Infrasturucture. India is doing very well in all of those. Stope spreading negativity. Be positive. As I said there will be no crash of RE in India and I have been right for last 10 years. Stock market may also double by end 2019. [/QUOTE] Then tell me why India's GDP growth is on number 1 but per Capita income is on 112, behind much of African countries and backward nations like Pakistan. Regarding Infrastructure, lesser said the better. Forget about Rural India, there is shortage of clean water even in most of urban cities. Pathetic infrastructure. Transportation. Railways. Roads all pathetic. No electricity in much of Rural India. Govt gives electricity for 4 hours a day and declare the village electrified! That's the status of Infrastructure in India.[/QUOTE]I think you need to study more. I am saying Growth. Income wise and GDP wise India is growing massively. Rural electrification and Infrastructure neglect of 60 years can't be fixed in 5-10 years. We need sustainable investment over multiple decades. Things are improving day by day, year by year..Comparison to other countries will not help as we have 1.2 billion population. So we will always be a unique case. [/QUOTE]India is undergoing a massive transformation, something of the sort that China underwent. Bharatmala alone will change the face of the India like never before. The power generation is growing by leaps and bounds. The main problem now is in power distribution due to bankrupt discoms, not power generation. This is a problem of many decades that will take few years to sort out. But the country is on right track. There is already substantial improvement in power supply in most parts of the country. Some people are so full of negativity that they simply don't want to see the Transformation around them. They revel in negativity and cynicism !
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: jaijai
On: April 24 2018 05:47 PM
[QUOTE=sapvin82;n2595071][QUOTE=Bharatiya;n2594913]Banking sector is among the most important indicator of economy. The situation is so bad that PSU Banks are writing off 90% of NPAs. Some PSU Banks like UCO have completely written of NPAs. ZERO RECOVERY!! [ATTACH=CONFIG]n2594914[/ATTACH] [url]http://indianexpress.com/article/business/banking-and-finance/recovery-rate-of-npa-write-offs-falling-uco-bank-draws-a-blank-5140203/[/url][/QUOTE]LOL. all these banks are bankrupt and will be sold off. Everybody knows it and banks are not indicator of economy especially public sector banks. Economic indicators are GDP, per capita income growth, Infrasturucture. India is doing very well in all of those. Stope spreading negativity. Be positive. As I said there will be no crash of RE in India and I have been right for last 10 years. Stock market may also double by end 2019. [/QUOTE]The people who don't know the difference between write-off and waiver are commenting on Economy !
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: sapvin82
On: April 24 2018 06:10 PM
$69 billion remittances came to indian banks last year. may be it is a reason why our Banks never go bankrupt// https://economictimes.indiatimes.com/news/economy/finance/india-highest-recipient-of-remittances-at-69-billion-says-world-bank/articleshow/63881096.cms
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: Bharatiya
On: April 25 2018 01:34 AM
So supporters of Demonetization have come back to tell how great Indian economy is doing. They continue to live in their own world. In their world, they see India transforming into China!! India's Power sector is one of the most stressed sectors in economy. New terms like India becoming a Power Surplus nation is being invented to fool people. To show that India is producing a lot of power & problem is only in distribution. Read this article to understand the terminology of power Surplus. [url]https://www.hindustantimes.com/columns/dark-clouds-hover-over-power-surplus-india/story-0aLMcgchtBvkvT0d7ie12L.html[/url] They give electricity to few households in village for few hours a day & declare entire village as electrified. They omit 45 million households from Power needs & calculate demand for electricity per household for 8 hours a day & on its basis declare that India is power Surplus. Meanwhile State electricity Boards have accumulated 4 Lakh crore of debt!! Many Private sector Players in power sectors have defaulted and become NPAs. They have just abandoned the power plants & they are lying vacant.
With warm regards,
Team IREF
With warm regards,
Team IREF
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Unsubscription information:
To unsubscribe from this thread, please visit this page:
https://www.indianrealestateforum.com/member/77913-ck-kislay/subscriptions
0 comments:
Post a Comment