I recently came across your post and have been rea...

2010-03-31T08:11:54.343+05:30

I recently came across your post and have been reading along. I thought I would leave my first comment. I don't know what to say except that it caught my interest and you've provided informative points. I will visit this blog often. Thank you.

I guess you get most of your comments on twitter t...

2009-11-01T21:34:15.869+05:30

I guess you get most of your comments on twitter these days, but I am old fashioned.

There seems to a minor bull run in real estate from what I can see. Since I know the prices of L&T properties, these are the current prices,
L&T South City Baneerghatta road B'lore (3175/sq. ft)
L&T Eden Park Chennai OMR (to draw a parallel from B'lore, think of say, 15 Kms away from outskirts of the city) (3600/sq. ft), Hiranandani here is about 4200/sq. ft, which makes L&T sound like a great deal.
A decent grocery store from these places in Chennai is a good 7-9 kms. I am not sure how true this is, but I heard per capita income in B'lore is higher than Chennai. If so, then how come prices in Chennai are so much higher than B'lore (if we assume supply/demand is actually at play here)

These sort of prices seem atrocious for areas which don't have proper facilities, but there are people buying in droves, whose answer seem to be I am buying a piece of New (insert city here).

How do you actually value Land/Apartment prices? I mean with stocks you have some sort of hard data (which could be medium, well-done or rare, cooked I mean) ,but Land prices? How do you arrive at them? Do you think there is a collusion between builders themselves?

Comments on Capital Mind: Stratfor: China's Real Estate Bubble

I recently came across your post and have been rea...

I guess you get most of your comments on twitter t...