Must read............
From India, Mumbai
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File Type: ppt house_problem_final_194.ppt (357.0 KB, 451 views)


Sonali,

This is very good information towards raising awareness among people regarding the unlimited price hikes in the property market. It is a commendable step taken by you. I hope everyone reads this message and also shares it with others.

Thanks and regards,
Purshottam

From India, Calcutta

Hi, Sonali,

What a wonderful presentation. It is really very useful to understand the concept of buying a house, taking a loan, etc.

Just a suggestion, you should have posted this topic in the General Discussion or Day Life section and not in the Human Resource Management section.

Anyway, I will definitely share this with my colleagues, friends, and relatives.

Thanks,
Sapana

From India, Pune

Hi Sonali,

A really great job done by you. Kudos to your data collection and your patience, which have covered the agony behind your theme. We are all sailing in the same boat and have been victimized at some point or another. I am from Hyderabad, and what you have mentioned has truly touched my heart. It is the same situation in Hyderabad as well.

I assure you that I will spread this message like wildfire and try to enlighten my friends. Why don't you send the email to some press channel anonymously?

Thanks once again.

Regards,
Srinivaskvmk

From India, Hyderabad

DEAR SONALI ITNI ACCHHI PPT HAI KEHNE KO SHABD NAHI HAI JUBAAN PE TALA JAD GAYA HAI.............. VO KYO BATA NAHI SAKTA REGDS, VIKRAM
From India, Delhi

Sir we have one plat in gurgaon but having joint register for three members and we want construct the home but we want house lone. what is the procedure to take the housing loan?
From India, Delhi

Dear Sonali25,

It is a good PPT on an off-beat topic, and one that should be circulated among professionals. The core suggestion - not to buy any flat/property for one year will bring down the prices - is very sound. It is a well-known fact that the Realty Sector is the most unregulated and exploitative. There is talk of having a Regulator and implementing real estate norms as in the U.S. However, one must also keep in mind the concept of Economics and the Price Elasticity of Demand. The demand for housing has become inelastic, similar to other necessities of life such as food, electricity, and transportation. At times, it may act as Veblen and Giffen goods - the higher the prices, the higher the demand as people perceive it as becoming scarce. This is why Real Estate agencies try to 'persuade' buyers by saying - "One should buy it because (land) is no longer being made."

Under such circumstances, it is unlikely that rational thought will prevail among buyers.

Warm regards.

From India, Delhi

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