Nano Yes, Mercedes No

re: Nano Yes, Mercedes No

Harish Rao — Wed, 22 Apr 2009 02:20:12 GMT

Anup : Real Estate is one asset class where investors seem willing to set themselves up for real pain. Baffling to see investors commit huge sums for nebulous deadlines and vague valuations.

re: Nano Yes, Mercedes No

Anup Naik — Tue, 21 Apr 2009 17:27:44 GMT

Gr8 point made by you... Most of the real estate companies seems to be in a fool's paradise.. maybe the economy is coming around as they say.. but one thing is clear.. home buyers will be more cautious now onwards as they know the "real" realty prices..

re: Nano Yes, Mercedes No

Harish Rao — Mon, 13 Apr 2009 11:51:46 GMT

Ann : Thanks for the kind words. Be our guest.

re: Nano Yes, Mercedes No

Ann — Fri, 10 Apr 2009 14:35:54 GMT

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often. Ann http://externallaptop.net

re: Nano Yes, Mercedes No

Harish Rao — Wed, 25 Mar 2009 15:20:08 GMT

Jayman : Suggest you visit www.tatanano.com... plenty of exciting stuff there.

re: Nano Yes, Mercedes No

Jayman — Wed, 25 Mar 2009 05:36:12 GMT

how can I get one of these Nano's delivered to Kenya for the $2,000?

re: Nano Yes, Mercedes No

arvind — Tue, 24 Mar 2009 14:12:11 GMT

Bingo!Well said,Harish.You hit the nail on th head.

re: Nano Yes, Mercedes No

Harish Rao — Mon, 23 Mar 2009 11:49:29 GMT

Arvind : The only thing 'surprisingly affordable' are shares of Real Estate companies. Down by 80-95%. Maybe there is something the market knows that the developers themselves don't - THE TRUTH.

re: Nano Yes, Mercedes No

arvind — Mon, 23 Mar 2009 11:01:36 GMT

Thats a good start.As they say,you can begin to address a problem,once you admit there is one.I agree,most real estate players are not only in denial mode,but most have their heads buried deep in the sand,hoping that the storm will blow over.They just refuse to admit the 'new reality'.Most players have had it too good for some time and they had begun to believe that the good times will last forever. DLF has made a good beginning in Bangalore,and one hopes that others will follow suit.Though,I do not simply get DLF's assessment of what 'surprsingly affordable' means.DLF has been advertising its new project in Delhi as 'surprisingly affordable' with prices starting at Rs 80 Lacs.Maybe I missed the plot completely.Is 80 lacs the new 'suprisingly affordable'?

Story added

Drigg — Mon, 23 Mar 2009 10:58:02 GMT

Your story was featured in Drigg! Here is the link to vote it up and promote it: http://www.doppu.com/node/1475