Sunday, June 29, 2008

Is it an invitation for a collaboration or a proclamation of war or the last warning to Pune real estate developers?

Housing group of 100 IT professionals in Infosys is looking for a reputed developer!:



8 comments:

  1. Hehhehehehehehe.....

    http://indiahousingbubble.blogspot.com/

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  2. This is indeed a great news and a great step...!!!!
    Congratulations Infy for showing this attitude.
    This is the spirit od Information Technology. World class people do world class act. A powerful punch on the face of PBAP and pune's notorious builders. Let's knock them out together.
    I have a small suggestion - do your home work for some more time say 6 months more, the market will be dire flt by that time and it will be an ideal time to take a step further.
    You don't need Ravi Karandeekar to market your project.
    Great job guys...!!! Best of luck.

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  3. You don't need Ravi Karandeekar to market your project.....! Thanks for the complements, anonymous! I am overwhelmed!

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  4. It is a farfetched imagination!I believe there is no such thing to read into it. Knowing Infosys people it is unlikely that they would want to get into muddle of war with people in Real Estate Business who are known for doing all kinds of things.

    Given a current situation it is only appropriate that all like minded people would like to be nested together. And may be with this mootto are working together with shared responsibility to make a dream home in a collaborative manner.

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  5. good initiative..builders may budge but what about land owners, land traders?

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  6. Ravi , for your info:

    http://www.moneycontrol.com/india/news/market-outlook/see-20-cutpan-india-realty-prices-by-oct-sp-tulsian/17/30/344983

    http://economictimes.indiatimes.com/Markets/Real_Estate/Realty_dreams_of_small_mid-sized_cos_crumble/articleshow/3182516.cms

    Not sure if you also follow stock price for some of the (maybe only) listed Pune builders :

    Kolte Patil Developers ::
    Issue Price: Rs 145
    Listing Price: Rs 230
    Current Price: Rs.49.35
    52wk High (Rs) 272.00

    DS Kulkarni Developers Ltd.:: Current price: Rs.96.25
    52wk High (Rs) 400.00

    God bless.

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  7. I think there is one very good active group in Pune named as.



    IT Professional Welfare Association Pune

    http://groups.yahoo.com/group/ITPWAP

    They have already started one project few months before.

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  8. Guys hold on for some day, prices going burst.. Read ET today for Mumbai real estate report.
    "Home sales in Greater Mumbai dip 70%, suburbs see 10-15% correction
    "
    http://economictimes.indiatimes.com/Features/The_Sunday_ET/Property/Home_sales_in_Greater_Mumbai_dip_70_suburbs_see_10-15_correction/articleshow/3201755.cms

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