Thursday, December 11, 2008

Realty sector growth in India



I have been following information about realty sector growth in India and would like to put my thoughts here based on my experience as well as observation.

I am strong believer of the fact that for a long term investor, investment in land in India will never be a problem. This is driven by following:
(1) Growing number of people in India, resulting in more demand
(2) Increase in buying capacity of middle class and in general
(3) More industrialization and growth of the country, thereby causing shortage of land available for residential and industrial use...
And more...

Check out this article on Economic Times which is relevant on the same lines, as stated above.

The investment in a constructed house or flat in India might put you in risk in times of recession, but investment in land would not (in long term, say 3-5 years or more). If one has reliable contacts to invest in land, I would suggest to invest in this evergreen and best investment option.
In my view, it is better than investment in stocks, or any other investment, in terms of best returns, safety (if one has reliable contacts). Of course, one needs to diversify the investment portfolio, to reduce risks.

I will be glad to see your comments on this article and provide more inputs if you need.
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Friday, December 5, 2008

Mumbai !!!



I am sure, each one of us has been continuously watching news online and on TV about Mumbai blasts. Like everyone, I too have been watching NDTV and CNN-IBN, along with news on Times of India online.

I decided to pen down my opinion in short about Mumbai blasts, the aftermath and where India stands in middle of all this.

First of all, I would like to salute every soldier who sacrificed their lives to save others. This includes even those policemen who are not in publicity provided by media. I pray to God that leaders like Mr. Achhutanand and Mr. R R Patil respect the contribution of self-less soldiers of the country some day. I also am thankful to those who saved lives of hundreds of people, by use of their wisdom and promptness. The person who annouces trains' schedule at Mumbai CST station did a real great job after firing started at the station. He continously kept announcing , asking people not to get down from incoming trains. There are many more unnamed heroes who kept us safe and alive today.

This blast has made me sad and angry. There have been almost eight blasts in past six months, but did Govt do something for it? Perhaps because those killed in earlier blasts were common men, not high profile executives and businessmen like those in Mumbai blasts. We have become habitual of acceping terror attacks very normally, with a frequency one city facing blasts in a month on average. This time it took three days to bring situation under control at Mumbai, after killing of many people, including foreign nationals. Media covered whole sequence of events minute by minute.

Where India stands in all this. India lacks coordination among intelligence and action forces. Security Agencies has been asking Govt to provide adequate infrastructure for Naval, Air and Ground forces past many years, but our politicians are busy with their cheap politics, rather than concentrating on security of country's citizens. Today, despite of having clear evidence available with India, US and Israel, India finds itself helpless in taking any action against terror camps based in Pakistan. I remember one of my friend told me recently that one of the retired army personnel in US told him that if it would have been USA in place of India, it would not have taken even few days to attack the terror camps in Pakistan. It is evident, it is all about power.

I feel that each of us is equally responsible for this. Here is how:
(1) I have seen in US that every person is vigilant enough to report ANY suspicious activity to police immediately. Can't we do the same thing in India?
(2) Indian Govt at least is feeling the heat this time due to media and pressure from aam aadmi. We need to make sure that our elected leaders keep us safe in our own country.
(3) We need to report about irresponsible policemen, because of whom whole department gets defamed.
... List does not end here...

It would take hours for me to complete this writing, but I stop it here...
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