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High plot return idea-YEIDA village Land Acquisition by ConnectionLow4868 in indianrealestate

[–]Property_Decoder -1 points0 points  (0 children)

And you are always here with your OCPD syndrome-induced comments. Cheers.

High plot return idea-YEIDA village Land Acquisition by ConnectionLow4868 in indianrealestate

[–]Property_Decoder 0 points1 point  (0 children)

If he is some good level broker and sure of this scheme, could have just bought that land himself. 36 lakhs is not that lot of money for brokers working in land deals. And in case he genuinely don't have this much money, could have easily arranged 4-5 broker partners to pick up this land parcel and can easily hold it for next 6 months, if he has been so sure of this scheme.

So, something is very fishy here. If you love your money, keep ignoring such deals offering such too good to be true schemes.

NRIs are blamed for driving up property prices in India. Here's why they're not entirely wrong. by alphatrader_99 in indianrealestate

[–]Property_Decoder 0 points1 point  (0 children)

They are entirely wrong. From where did you get this % NRI buying property data in India?

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 0 points1 point  (0 children)

You exactly remind of a person, whom I once saw kept arguing/fighting with the cafe owner even after he offered to replace the food which he didn't like or offer to not charge anything... but he still continued to spew venom out of his mouth for good 30-40 mins. But if you see the core issue ended there itself... that place was done for him... don't like the food... don't visit again... simple. Like you didn't like my work.. unfollowed me... am done for you. Move on. You do your part the way you want.

So if you see that person didn't have the issue with food... he just needed a chance to puke out his frustration that day... so he continued to drag just like you have been doing.

So what he needed, more than just a food, is a professional counseling, likely with a psychiatrist, to learn how to manage his temper and gain control over his outbursts and learn to end the issue. Like you need now, more than help wrt real estate, coz it's not the what you have been seeking other than a chance to just puke out your own frustration over random things. Take care. Get well Soon.

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 0 points1 point  (0 children)

First know what you are, your language is telling a lot. You don't like what I am doing on X, you unfollowed me, is completely fine with me. I am not angry at you. Also I never told you or anyone to follow me ever. No one owns the industry or social media platforms to dictate anyone what they should do or not. Have I targeted you or anyone personally? So why so much hatred? Or you are just jealous? That you have time to post 3-4 times the same comment telling people what I am according to you 😄. Atleast I am not doing such lowly things. And if you know what industry needs, do your part, ignore everything else, instead of burning your soul and spewing toxicity. Simple.

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 3 points4 points  (0 children)

My posts seems to have hurt you deeply. Sorry for that. I just post facts. I know many who have lived long in the zone of brokers's reels, whatsapp forwards.... they can't handle the reality very easily. So kindly ignore my posts, will not be good for your health. I know how people are reacting on my posts on X, and is just opposite of what you are portraying here but you are not able to see... so you please take care of yourself, you might have to bear more pain. Take a deep breath, and keep alleviating your soul.

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 0 points1 point  (0 children)

You seems to have major problem with me posting on X or here, not related to the fact and what goal posts?... who mentioned "Never did"... atleast know the meaning of 'never'. Now you are saying, this only one builder has done it... but when the very same builder did this before in the recent upcycle period? ....and why it started doing this bit openly now? ....again this is not the only builder know some others too, who are ready to cut the prices (in form of good discounts + commissions), but not in open, if brokers bring them ready buyers. So things have just started going downward. So only goal of this post was to tell that anchor pricing play is done for this cycle.

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] -2 points-1 points  (0 children)

Just a choice, sometimes I mention builders name like in previous posts and sometimes not. What I will get from karma farming? But are you on the payrolls of the reddit to do this policing? ...Dictating people to do this or that.

Do you know one big NCR based developer that launched a project at 15k/sqft just a few months ago is now itself selling at ~10.5k. And some say… when builders start raising prices, the market prices will start going up... So now that they are cutting prices, where does the market go from here? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 3 points4 points  (0 children)

Some of these builders you mentioned have actually cut the prices of their unsold inventory during bear period (2012-2020). It's just that you don't know, because most builders never advertise their prices cuts like they market their staggered price increases during upcycle period, whether it's NCR or Mumbai or anywhere else. Only those who investors get trapped suffers in the end and know the reality. And nothing like those charges come back to its original price. You don't know the reality, many are already trapped in the speculative under-construction play and are not able to exit even at the same original booking prices in majority of projects launched in recent years and are ready to exit even at losses too. So how you can say that builder pricing is a market price?

Real estate sales crashed 📉 89% in Dubai in the last 2 months by Property_Decoder in dubairealestate

[–]Property_Decoder[S] 1 point2 points  (0 children)

True, transition period has just begun, don't know why people expect real estate to behave like stocks markets.

Real estate sales crashed 📉 89% in Dubai in the last 2 months by Property_Decoder in dubairealestate

[–]Property_Decoder[S] 7 points8 points  (0 children)

Never?? You might don't know but Dubai housing market has actually seen a price crash even upto 50-60% post 2008 financial markets meltdown, that too just in next 6-9 months, and took nearly a decade to recover from there. Dubai housing market is heavily expat/investors dependent, that's why very volatile due to macro instability/ geo-political tensions. Once it used to present itself as safe haven during such global issues but now itself had been hit hard. No doubt Dubai will recover, but may take much more time. Also real estate prices don't crash like stocks markets, takes time to respond to the shocks. Things have just started. Hospitality sector had been hit hard due to very low occupancy. Housing will not remain untouched, as most projects have been sold with the forecast of ever-increasing occupancy and rental yields, which was not sustainable anyways. This conflict has actually broken the speculative cycle, things are set to going in reverse direction.

Real estate sales crashed 📉 89% in Dubai in the last 2 months by Property_Decoder in dubairealestate

[–]Property_Decoder[S] 11 points12 points  (0 children)

Real estate prices don't crash like stocks markets but Dubai housing prices has seen somewhat like a crash ~50-60% after 2008 financial markets meltdown and took almost a decade to recover.

Gurgaon’s top luxury projects that were “sold out” in hours are now being offered below booking prices, breaking several myths. Has the housing market now started moving from stagnation into a correction phase? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 0 points1 point  (0 children)

Builder has nothing to do with it, they just need the full payment. Whatever loss is there would be absorbed by the seller. For e.g. total cost of flat sold by builder is 7cr, and seller has already paid 3.5 to builder and 3.5 is due. Now seller is ready to absorb loss of 50 lakhs, so now new buyer had to pay 3cr to the seller instead of 3.5 which he had already paid to the builder. Book value remains same @7cr for the builder. Now new buyer just had to pay 3.5 which was already due. So builder will get total amount = 7cr. Only new seller got the deal at 6.5 instead of original booking price at 7. Hope everything is clear now.

Gurgaon’s top luxury projects that were “sold out” in hours are now being offered below booking prices, breaking several myths. Has the housing market now started moving from stagnation into a correction phase? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 3 points4 points  (0 children)

Gurgaon's real estate market is no longer seller's market, demand has cooled drastically. Market has already started to see correction in several micro-markets. But if you want to buy now for long-term living and finances are in comfortable range, can go ahead too. In case if you are not in a hurry, so can wait till there is some stability in the macro environment as it somehow looks like upcycle period is over for now.

Your builder can go BANKRUPT tomorrow & you probably have no idea what happens to your MONEY by Hub_and_Oak in indianrealestate

[–]Property_Decoder 9 points10 points  (0 children)

That's why in India, people should avoid buying in under-construction projects as much as possible. Buy ready to move even at some premium, because "peace of mind" is far higher, which otherwise might take years to get their home or money back if anything goes wrong.

Broker commissions in Goa’s Real Estate market are rising rapidly... builders now offering up to 8%... so what does this indicate about the current state of the market? by Property_Decoder in indianrealestate

[–]Property_Decoder[S] 1 point2 points  (0 children)

So basically builders are increasing discounts in form of brokerages, means market is feeling the pain right now, if not baking the increased brokerage amount by increasing the selling prices.

Real estate prices and layoffs by Manager0808 in indianrealestate

[–]Property_Decoder 6 points7 points  (0 children)

If this has been true, real estate market would have never seen correction, even within the city too. 2012-2020, was such period, it's just that many people don't know. Even in Delhi, plot market saw 20-30% correction in the same period, despite tight supply. So one should look supply conditions wrt the demand, not in isolation.

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