thread on Real Estate

[OptionQuant]

Beware of Penalty Clause

Several people were happily telling me 3 years back that the builder had a 2% pm penalty clause in case of project delay. Hahahaha

The clasue talked that "in case of delay in project beyond XYZ date, the builder will pay the buyer penalty at the rate of 2% pm on any extra moneys paid by buyer to builder."

Now, 3 years later, the project is delayed and buyer goes to builder for penalty. Builder talks that penalty is on EXTRA money paid by buyer. Since buyer has not paid any extra money (why should he?), no penalty is applicable


Hahahahahahahaha

 

[vijayvaliya]

My views on realty...

as a daytrader & stock predictor i would prefer both. Most of the trading principles & discipline are same.

Real estates can be defined as
-Speculators
-Investors

What factors influence Realty Market?
=Government Polices
=Economic parameters like inflation,deflation,interest rates...
=Understanding Demand & Supply in Macro & micro levels
=Global Economic Conditions that influence indian market
=Understanding Technological advancement in construction methods
=knowing latest regulations on land from time to time frm various govt agencies
=Understanding Realty Cyclic movements

What is the time frame for Speculators?
There are many kinds of Speculating jobs available in real estates to tell you in brief period somewhere from 3 months to 2 years(it all again depends kind of job you select).

What is the time frame for Investors?
time frame for investors starts with minimum 3 years to 10 years.

Does Real Estate have Technical Charts like Stock Market?
Yes they do but with limited indicators

Does Fundamentals work in real estates?
Yes its works very Fast not like stock market fundamentals

What is the difference between Investor & Speculator?
Investor=Putting huge Capital to grab a potential wealth opportunity(Risk is less)

Speculator=Putting Small Capital for limited period without effecting inflation
(Risk factors are more)

in the language of stock market we call

Investor= Wealth Builder
Trader= Income Builder

But in Realty sector this differs "Trader & Investor" both designed to achieve a targets of "Wealth Building".

Will Stock market fundamentals work?
Yes it works

What is Basic Raw material for Real Estate Industry?
Land is the Answer and not Construction

Does Counter Trend Strategies work in Real Estates?
Yes it Works especially with govt. polices & Give Bigger Rewards

What is Trend Following Strategy in Real Estates?
Following market as every one do by watching Price Growth as main indicator.

What is co-relation of Stock index movement with Real Estate?
Both Move in same direction

What will be the future of Housing Industry?
Market is Expected to Crash my suggestion would be dont buy houses in hasty situation. Be live it or not! buy a house at the price of car.

What will be future of real estates in near term?
You will see growth by July 2013

This what i know about Real Estates...

I wish to be wrong but i cant be wrong.

astrology works in real estates too

:thumb:

nice post...

 

[vijayvaliya]

Re: Real Estate Code Words

Here are some "code words" used in Real Estate and their meanings -

Pre-Lauch/Soft Launch - Builder has plans. Not yet approved
Cosy/Cute Apartment - Very Small Rooms
Ideal Love Nest - in middle of nowhere
Surrounded by lush greenery - In middle of Wilderness/Mosquitoes
Early Bird Offer - Unable to find buyer
Lots of Parking space - road outside. To park in society, pay builder 2.5 lacs for open parking
ISO Certified Builder - Shiity construction
Full Wire Mesh Ceiling - Will start leaking in 2 years
Overlooking the sea - Can see the creek, far away, from kitchen
Full Overhead Tanks for every apartment - Ceiling is too low
Pooja Room - a 25 sq ft alcove, and a 2BHK becomes 21/2 BHK
Govt Registered Company - Builder has got company registered with Registrar of Companies

good reading..