Comments on: Real estate in Coimbatore - 2 http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/ Rombo nallavan Tue, 22 May 2012 21:44:19 +0000 http://wordpress.org/?v=2.2.1 By: Arul http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-218101 Arul Sat, 10 Dec 2011 13:35:07 +0000 http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-218101 I had similar thought process as you have. As the current pricing scenario is unreall. But my sister and mom wouldnt listen and went ahead and bought 7 cent plot near mathampalayam bus stand in 2009 for 1 lakh per cent. Now in just two years we had three to four calls from the broker asking us to sell the plot for 1,50,000 per cent. I dont know what to make of this! In another bizarre pricing the house opposite to our grandpa's house near periyaniackenpalaysm is quoting 70 lakhs. It has 61/4 cent land but the building is atleast 20 years old ... Then i decided not to use my logic and analytics here..Just go with the flow and milk as much money as possible... Its like short term trading. I am still young just 25 years old. So i also dont have the memories like you do which makes my decision to buy and sell that much easier... The only way to stop this arbitary price rise is to have 2 year buy and sell ban on properties..similar to hongkong...in 2009 HK had similar problems now the prices have come down.. So the thing is you can still make lots of money out of the real estate market... You gotta trade short term in the long run the bubble will burst no doubt about it... Lot of people will default on their home loans.. I had similar thought process as you have. As the current pricing scenario is unreall. But my sister and mom wouldnt listen and went ahead and bought 7 cent plot near mathampalayam bus stand in 2009 for 1 lakh per cent. Now in just two years we had three to four calls from the broker asking us to sell the plot for 1,50,000 per cent. I dont know what to make of this! In another bizarre pricing the house opposite to our grandpa’s house near periyaniackenpalaysm is quoting 70 lakhs. It has 61/4 cent land but the building is atleast 20 years old … Then i decided not to use my logic and analytics here..Just go with the flow and milk as much money as possible… Its like short term trading. I am still young just 25 years old. So i also dont have the memories like you do which makes my decision to buy and sell that much easier… The only way to stop this arbitary price rise is to have 2 year buy and sell ban on properties..similar to hongkong…in 2009 HK had similar problems now the prices have come down.. So the thing is you can still make lots of money out of the real estate market… You gotta trade short term in the long run the bubble will burst no doubt about it… Lot of people will default on their home loans..

]]> By: Ananth TM http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-168834 Ananth TM Mon, 09 May 2011 13:44:12 +0000 http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-168834 I couldn't agree more on the real estate prices being unreasonable I couldn’t agree more on the real estate prices being unreasonable

]]> By: prabukarthik http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-167605 prabukarthik Wed, 04 May 2011 08:36:16 +0000 http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-167605 karthikeyan Thanks for the comment. shanthi gears will publish their results on May 13th. Let us see :) karthikeyan

Thanks for the comment. shanthi gears will publish their results on May 13th. Let us see :)

]]> By: karthikeyan http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-162919 karthikeyan Sun, 17 Apr 2011 20:21:25 +0000 http://expertdabbler.com/2011/04/16/coimbatore-real-estate-2/#comment-162919 very good analysis, prabhu - keep going!! i mean to say your interlinking real estate and stock prices!! very good analysis, prabhu - keep going!! i mean to say
your interlinking real estate and stock prices!!

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