In a previous post, I had mentioned that “big name” realty companies are fringe players. Realty is a fragmented market. That means there are several thousands of companies that serve the demand in the industry. No player has a market…
LIC Housing Finance Property Show – January ‘09
LIC Housing Finance Property Show was conducted on Jan 3rd & 4th at Institute of Engineers Khairtabad. This exhibition was a waste of time since the prices were not adjusted to the market conditions. There were hardly any properties on…
No Meaningful Correction in Hyderabad Real Estate Prices
Real estate price corrections in Hyderabad being prevented by extensive market inefficiencies, cartels and unscrupulous business practices. In a free market economy, demand and supply create a check on unrealistic prices – at least that is what theory says. So…
Builders Selling Small Number of Super Luxury Apartments are Fringe Players Nationally!
If every national real estate player starts their apartments at 60 lakhs – they are not a national real estate company. They are a fringe player in the Indian economy. As per World Bank data 80% of Indian earn less…
Hyderabad Real Estate Bubble Busts
In late November 2006, I had put a post on the coming bust in Hyderabad real estate. Quoting from that article ” It is not a question of whether the real estate bubble will bust but when it will bust”.…
Tips for Renting Commercial Real Estate
Many people are hit with the entrepreneurial bug and start their own business. Here are some tips for leasing an office premises. This is not for retail business: Take at least a 5 year lease. If you are not sure…