Sandeep's blog

If you are guided merely by the vast volumes of data spewed out by real estate brokers, consultants, popular portals, agencies, builders or realty venture funds, then the bull market in this sector seems set to last for the next few years or maybe forever. They have a way of arranging all the good news into a fantastic investment scenario where nothing could possibly go wrong. We reviewed a case made out by Celedon Investment Research some time back. It says:

Goa - the most popular destination for tourists, accounts for 12% of the India's tourists each year. As per Goan tourist department, it received over 2 million visitors in 2004, nearly 25% of whom were from abroad. Western tourists are drawn to the area in part because of the European influences that are present there. Goa was a Portuguese colony from the 16th century until 1961. One legacy of this period is the 35% strong Christian population.

The Indian School of Business + Ernst & Young has recently conducted a Real Estate panel discussion in Hyderabad. Called "Real Estate in India - The Research Imperative" - to bring together industry leaders, and students working in the Real Estate Sector, who are considering real estate as a career prospect.

Again new structure in the form of Raheja Hyper city is coming up close to the Orbit Mall in Malad, Mumbai. Spread over nearly 1,00,000 square feet the hypermarket is expected to stock virtually the entair gamut of merchandise from apparel to food, from grocery to consumer electronics at a sizeable discount.

Hypercity will be the fourth major hyper market to be launched in the country after Pantaloon's Big bazaar and RPG Retial's Spencer Hypermarket. A mega retailing complex like Hyper city next to Orbit, Mumbai's biggest mall will make Malad the Gurgaon of the country.