Deep Impressions

        Economic Power v/s Political power is a challenging task faced by these institutions and in addition they have to balance a third critical factor.   --------   --------     --------   --------    --------   --------           US is the most diverse nation in the world, and Mumbai - the most diverse city in India. This diversity has led to a strange conundrum that is common to both.   During the last 50 years, large cities in India have seen large migration as well as rapid changes in consumer aspirations. Resultantly, we had two faces of these cities - the old establishment or the core city ; and the new zones (Island city vs Suburban Mumbai, Delhi vs Gurgaon/Noida, Bengaluru city vs Whitefields/Devanahalli etc. ).   Historically, the core city would house the powers centres - govt offices, key markets, centres Arts & Entertainment etc. makin...

  Why no one is now talking about Affordable Housing ? During 2010, every other media articles in real estate would talk of the need to push Affordable Housing. Suddenly that noise is conspicuous by its absence.                                                                     -------     -------     -------   -------     -------            Here are two news items from NCR real estate …   ·        In just 72 hours, DLF sells 1100 luxury apartments priced at an average Rs 7 cr    ·        At about one-tenth of this prices, Affordable Housing units of    DDA struggle to find buyers.        Interestingly, other sec...

    Do Owner managed real estate companies  have a high inherent risk ?     Owners provide bandwidth and long term commitment. Professional CEOs provide risk mitigation. Where does the balance lie? Can the same be achieved in Real Estate business ?                                         = = = = = = = = = = = = = = = = = = = = = = = =      Last week in Italy, the owner and CEO of a large listed Indian Real Estate Development company met with a major car accident. The video showed the high level of intensity of the accident.   This incident has put a new thought in minds of some of the institutional investors who have invested in Real Estate Companies - Do owner managed real estate companies have a high inherent risk ?    One might immediately counter - why limit this question only to real estate business ? The answ...

  Real Estate : The Past, The Present and The Future The  opening   up of Indian economy since July 1991 has brought about some interesting and exciting trends in the Indian Real Estate. To continue this, further opening is required which is more challenging. Are we prepared of it ?      ------ ------  ------ ------  ------ ------  ------ ------  ------ ------  ------ ------  ------      “History never repeats itself, but it does often rhyme”     -         Mark Twain First week of July, 1991    :  in just three days Indians experience a shocking devaluation of rupee by 20%.    This historic week, marked the beginning of a new liberalised and open economy where the private sector had a much larger role to play. And over the years, the government continued to work in that direction. A decco of few interesting trends ...