Sunier19 Posted December 17, 2008 Share Posted December 17, 2008 Real estate has become the most important investing avenue in the country because of the boom in demand for properties. Experts even see the bullion prices coming down in anticipation of further growth in real estate market. Besides, there is also a movement of people from their own area of operations to other high opportunity places with banks showing interest in the people’s investment desires. People far away from Kochi can invest in real estate here through the bank. While everybody agrees that housing needs in the country fall short by at least 20 million to 24 million dwellings, high cost of construction, price rise in real estate and lack of quality land in fast growing cities continue to hold back the need of shelter for many. Experts opine that the rise of the middle class and the high income group will be the major thrust behind real estate growth. Hence, when prices continue to rise, the purchasing power of the people will also rise because of the high income of the people in these groups. Earlier, people who had built a house would never think of owning a second house. But now another investment in a house is not a matter of second thought. The lifestyle of people is changing. People have started changing cars and many other things which were earlier never thought about. Lastly, but certainly not the least, urban planning and infrastructure building are the focus of all real estate development. It is primarily a Government responsibility, which can be supported by private players. In a place such as Kerala, where land is scarce, vertical growth is the solution. But for that the cities and the towns need to have a good road infrastructure. A low FAR is making the land prices and the cost of flats to shoot up. Availability of water is something that needs to be ensured by one and all, he added. Nobody in the country seems to be planning for water. Link to comment Share on other sites More sharing options...
ECURB Posted December 17, 2008 Share Posted December 17, 2008 Link to comment Share on other sites More sharing options...
Arsis Posted December 17, 2008 Share Posted December 17, 2008 Superspam Link to comment Share on other sites More sharing options...
#27TheDominator Posted December 17, 2008 Share Posted December 17, 2008 Shouldn't somebody have disabled the link by now? Link to comment Share on other sites More sharing options...
Thai Jet Posted December 17, 2008 Share Posted December 17, 2008 Shouldn't somebody have disabled the link by now? NOT YET ! I'm looking to buy in big time. Link to comment Share on other sites More sharing options...
Maxman Posted December 17, 2008 Share Posted December 17, 2008 I removed the spammers link. Spammers never win. Okay sometimes they do....but not today. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 17, 2008 Share Posted December 17, 2008 Oh, what a pleasant surprise. Another good samaritan, going out of his way to make me rich. Link to comment Share on other sites More sharing options...
faba Posted December 17, 2008 Share Posted December 17, 2008 I told everyone put your money under your mattress- treasury bills will get you the same return as that right now. Link to comment Share on other sites More sharing options...
#27TheDominator Posted December 17, 2008 Share Posted December 17, 2008 I removed the spammers link. Spammers never win. Okay sometimes they do....but not today. It's about time. The way JoeWilly kept clicking on the Rick Roll link I figure he's already got $2.4M locked up in this scheme. Link to comment Share on other sites More sharing options...
Jet Moses Posted December 17, 2008 Share Posted December 17, 2008 I told everyone put your money under your mattress- treasury bills will get you the same return as that right now. 0% interest and double digit inflation. You can't spend your money fast enough, these days. Weimar Germany was so much fun, let's do it again! Link to comment Share on other sites More sharing options...
anskyruben Posted December 17, 2008 Share Posted December 17, 2008 Invest in jetnation stock. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.