Can you Time Real Estate Markets?

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. When legendary investor and one of the most richest men in the world Warren Buffett says this, it becomes quite clear that investment is not a short term game.

The same holds true for real estate investments as well. Today, the markets are slackening and most of the experts concede that demand for property has been going down and down.

You must be wondering whether it is the right time to buy property or not but believe it you might not be able to time markets. And it happens most of the time.

However, if we look at the long term prospects of the Indian property markets and the underlying fundamentals of Indian economy, investing in property is the option that can bring suitable rewards for investors in the time frame of 5-15 years.

Penal Provisions Against illegal Colonizers on Cards

The Municipal Commissioners of Madhya Pradesh cities, in a meeting held in state capital Bhopal on March 18, suggested the State government that penal provisions should be made to ensure strict action against illegal colonizers in urban areas.

They should be blacklisted and their names displayed on the websites of the concerning municipal corporations, said Nikunj Shrivastava, Bhopal Municipal Commissioner, adding that common people should be cautioned against such colonizers.

State Minister for Urban Administration Narottam Mishra and State Finance Minister Raghavji were present at the meeting. Mishra said responsibility of the concerning Municipal Commissioners and the officers in charge of the colony cell should be fixed to prevent illegal colonies in the cities.

Where the Indian property markets heading for…?

Hello friends!!!

As we see that property markets are at unbelievable heights in India, especially properties in Delhi, Mumbai and Bangalore are commanding incredible numbers. Property values are soaring like anything...In fact speculative investments in the sector has charged up property prices in a superfluous manner, most of the times.

Each and every investor expects windfall gains on his real estate investments within a short period of time, and perhaps that is why, the intrinsic value of properties is manipulated by several times…

Expectations of landlords also are touching skies. Today, rental values for commercial properties in Delhi’s Khan Market and Connaught Place, at Rs 400-Rs 490 per sq. ft a month are more than 50% higher than a much-advanced city of Manhattan. Similar is the case with Mumbai commercial properties, where property prices are even more than London!!!

After all where the Indian property markets are heading for…is it a boom or a way towards recession…?