Indians are the biggest apartment buyers in Dubai Burj Tower (world's Tallest Tower)

[Abii]

the thread title should be "Indians are the world's biggest fools" (no offense )
everybody is running away and leaving everything behind and Indians are being this crap.
Property prices have HALVED.
More than half of all projects in Dubai have been scrapped!
Investment is down.

 

[WAR-rior]

the thread title should be "Indians are the world's biggest fools" (no offense )
everybody is running away and leaving everything behind and Indians are being this crap.
Property prices have HALVED.
More than half of all projects in Dubai have been scrapped!
Investment is down.

and u my friend hav confirmed that dubai is a GLORY of PAST ?

if u understand investment then do understand that land is the only asset in this world which does not depreciate.

Today west isnt able to continue its investments.....

after a decade, india will be investing heavily in mid east (as per indian strategy). then the trend will be back...... but do remember that land property will always reap fruits.

 

[Chinese-Dragon]

the thread title should be "Indians are the world's biggest fools" (no offense )
everybody is running away and leaving everything behind and Indians are being this crap.
Property prices have HALVED.
More than half of all projects in Dubai have been scrapped!
Investment is down.

The best time to buy things is when the price is low.

"Buy when the price is low, sell when the price is high." This is the key rule of investment.

So it is not foolish at all.

 

[jagjitnatt]

the thread title should be "Indians are the world's biggest fools" (no offense )
everybody is running away and leaving everything behind and Indians are being this crap.
Property prices have HALVED.
More than half of all projects in Dubai have been scrapped!
Investment is down.

If you think that, then you my friend are a fool at investing. no offense.
An investor invests when he gets value for money and sees an appreciation in the future.

Today, the world is going through a recession, investments are low. Not because there is no profit, but because there isn't enough liquidity in the market. Soon when the recession is over, and liquidity comes back, people will start investing again, but then Indians, who bought apartments now, would already be sitting on huge profits.

That's how investments work.

 

[Donatello]

If you think that, then you my friend are a fool at investing. no offense.
An investor invests when he gets value for money and sees an appreciation in the future.

Today, the world is going through a recession, investments are low. Not because there is no profit, but because there isn't enough liquidity in the market. Soon when the recession is over, and liquidity comes back, people will start investing again, but then Indians, who bought apartments now, would already be sitting on huge profits.

That's how investments work.

...for the scenario you presented, Dubai must become radically different so all the people invest there. More demand and less supply would mean the existing, scarce apartment prices will go up. So people who bought them earlier would reap fruit.

Great in a hypothetical way, the problem is that not many people are spending in housing these days. Indian inflow of money can create, again, an artificial bubble. Here in USA there is desperation everywhere for housing market. People are holding onto savings because there is uncertainty that the next bubble might be the Industrial/Commercial mortgage bubble, which hasn't exploded yet.

 

[humanfirst]

Indians are the biggest expat investors in dubai with dh9.4 billions invested this year alone.

 

[India Rising]

Indians are the biggest expat investors in dubai with dh9.4 billions invested this year alone.

Also indians are the second biggest investor in US after UAE

 

[jagjitnatt]

...for the scenario you presented, Dubai must become radically different so all the people invest there. More demand and less supply would mean the existing, scarce apartment prices will go up. So people who bought them earlier would reap fruit.

Great in a hypothetical way, the problem is that not many people are spending in housing these days. Indian inflow of money can create, again, an artificial bubble. Here in USA there is desperation everywhere for housing market. People are holding onto savings because there is uncertainty that the next bubble might be the Industrial/Commercial mortgage bubble, which hasn't exploded yet.

Yes. That's some sensible talk.
People are holding on to their savings because of uncertainty over the economic future of US. But that's in US. In other parts like China and India, people are investing. And its not the retail investors that run the market, but the constitutional investors. The Indians, and Chinese who were retail investors till now are now investing BIG, and they will be the next big investors in the future.
So in a way we don't need US or European or even Japanese money to be first injected into the market to create a wave that the retail investors rode.

Indians and Chinese will be the investors of the future, and US investors would only trail on our investments. Its going to be the other way round in 15 years. So its the best time to invest.

 

[pakindia]

indian builders are such fools to still realise that if they make tall towers in india, those rich businessmen will be very much ready to buy here if they can do it there.....and the money can remain in india too!!

 

[Bobby]

also my common sense says that for a 700+mtr tower with such base, only triangular pyramid structure will work....

so we can see in coming years such tructure in mumbai skyline !

Who says weird....This building looks goddess beauty.....

indian builders are such fools to still realise that if they make tall towers in india, those rich businessmen will be very much ready to buy here if they can do it there.....and the money can remain in india too!!

You are fool....Indians are investing not spending

 

[ajtr]

Who says weird....This building looks goddess beauty.....

You are fool....Indians are investing not spending

Good investment indians did.Penny wise pound foolish.Now they can use the same Appartment to jump off from the building and add their number to ever growing indian suicide statistics.

 

[pakindia]

Who says weird....This building looks goddess beauty.....

You are fool....Indians are investing not spending

but they are going to saudi firms know??? and idiot the"fool" word i'm referring to is indian builders, not businessmen........the money can be invested in india only if builders come up with such projects......