patentneer
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Indian real-estate market Top 3 Globally reported headlines. No, I say it's # 1; check below.
Conclusion: India's real estate market tops the world.
(c) Photo: Ramesh Pathania/Mint
Read more at: http://www.livemint.com/Politics/RfEgZ7ndEBO0JmgervZSqK/India-slips-to-20th-rank-in-real-estate-investments-report.html?utm_source=copy
Adjusted for sheer numbers, and .. hehe... black money, it's way out top. Over 50 % is 'balck'.
Meaning the bricks and mortar are all there but no accounting. No numbers on the books.
India's market is no match for anything but sliding China and zooming with road, rail and metro rail opening up vast new land tracts around it's mega cities. There's even talk of a bubble. Prices are normalizing, becoming affordable to hard working middle classes; but the media screams crash-crash-crashing.
'Real-estate' is a word normally associated with first Hong-Kong, then Singapore and till recently Dubai in Indian minds.
- I read the above media line so got curios. Guess # 1 & 2 ? - Serbia and Bulgaria !
Conclusion: India's real estate market tops the world.
(c) Photo: Ramesh Pathania/Mint
Read more at: http://www.livemint.com/Politics/RfEgZ7ndEBO0JmgervZSqK/India-slips-to-20th-rank-in-real-estate-investments-report.html?utm_source=copy
Adjusted for sheer numbers, and .. hehe... black money, it's way out top. Over 50 % is 'balck'.
Meaning the bricks and mortar are all there but no accounting. No numbers on the books.
India's market is no match for anything but sliding China and zooming with road, rail and metro rail opening up vast new land tracts around it's mega cities. There's even talk of a bubble. Prices are normalizing, becoming affordable to hard working middle classes; but the media screams crash-crash-crashing.
'Real-estate' is a word normally associated with first Hong-Kong, then Singapore and till recently Dubai in Indian minds.
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