80% of Indian builders work with two scenarios on home prices

1) Price rises
2) Price remains same

20% of Indian builders work with three scenarios

1) Price rises
2) Price remains same
3) Price falls

The strong players eventually emerge from this 20% segment.

With my impeccable record in only seeing disasters on Netflix, I’m certain that fate will find a way for me to watch Heeramandi.

Visited Andheri West for a podcast. Roads were obviously a colossal disaster. Footpaths were good for adventure seekers.
But then…the clear blue sky made it worth it.

Mumbai home prices to fall as it gets Lower Parel-ised
Question is will it force many to get paralysed?

Andheri West: Movie theatre, restaurant, mall and metro. What more do you want? 😊

I admire activists who pursue their cause amidst obstacles and challenges.

But this is hilarious.

Columbia’s “wannabe revolutionaries” turned out to be “kitty party members”

Subvention schemes were a potent answer to that EMI + Rent dilemma. Pay EMI only after Possession.
If only lenders and builders hadn’t manipulated that scheme.
RBI was wise to stop that scheme.

St.Stanislaus School, Bandra: Ever since I’ve had a daughter, a big addition in my location reviews - has been a detailed survey on schools. This one has nostalgic value as I studied here briefly. Like several others, it’s expanded with an International School & become Co-Ed.

Cama Convalescent Home, Bandstand: A sea-facing home for poor Parsi boys and girls.
The locations that are unaffordable even for the wealthy, are spots for the poor Parsis ;-)
If it goes for Redevelopment, I suspect Rustomjee will be the front-runner

Mount Mary, Bandra: The pricey micro-market that is seeing a wave of Redevelopment. Much of its charm is still there because of religious institutions that have retained their land.

After a real estate award function, a candid developer told me his definition of an “Instagram influencer” in the property sphere.

“A broker who knows how to film a home that needs to be sold. Nothing more.”

The 1 hard reality that most real estate brokers must never forget: You need the Builder more than the Builder needs you.

Instagrammer Ravi Kewalramani complains against Chandak Group for withholding his brokerage -citing absence of competency certificate. RERA now makes it mandatory to get it.
Needless arrogance which has backfired.
Too many Influencers get carried away with Likes and Followers.

Extraordinary. El Salvador President Nayib Bukele invites his entire Cabinet. Then tells them that the Attorney General will be investigating all of them. He says “I won’t steal. And won’t let anyone else steal.”

Is there a platform which has database on verified miscreants in housing societies? Especially owners of untrained dogs or stray dog lovers who create nuisance for others.
I will promote the platform.

MahaRERA finally closes gap in the rampant Amenities scam going on.
Builder builds apartment. Takes 100% payment from buyer. Delivers amenities later.
RERA now says all details of amenities to be shared too.
Should go a step further. Link 10-20% of payment on amenities delivery

Reading this fascinating book by the former PM of Pakistan. Dismissed by the military in 1977 and later executed. Unsurprisingly book was banned in his country.
His original home was a bungalow at Worli Seaface in Mumbai - before 1947. Beautiful location and fine plot.

Mumbai’s biggest open space. Magnificent views.

Bombay could have become easily become another Kolkata - if in the 1980’s it had surrendered to the trade unions.

It limped along in governance thereafter.

The biggest irony is that it took a Nagpurite in Fadnavis - to sow the seeds of Mumbai revival

moneycontrol.com/elections/lok-…

All the feedback I get from family and friends living in the West for long - is that the anti-immigration stance is getting more intense. Racism on the rise.
It needn’t have been this way.
The battle is won or lost at Stage 1: Select the number and quality of migrants carefully.