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For Future Investment Plans
9th Aug 1999 PK Joseph @gto.net.om
Is there any Chartered accountants, lawyers specialsed in Financial affairs or Investment advisors on our List? I was advised by someone to invest in real estate now in India because the demand is less and will improve or multply in near future because; 1. Gold prices are going to crash since IMF, UK, Canada and Australia is determined to sell the gold. 2. Bank Interest is going to be reduced to the tune of 6% to 8% as like international standards. 3. The land will be in demand as the population grows and people will look forward to have own house than sharing houses. Is it worth investing when the prices are good?. What will be the appreciation for real estate in 3 to 5 years to come? Joseph
11th Aug 1999
p jain @giasdl01.vsnl.net.in
Dear Joseph yes u r right in fact if you see 11/8/99 Economic Times you will find what u r looking for if you want more details then e mail me at [email protected] piyush jain CA new delhi
12th Aug 1999
Pranav Lal @softhome.net
Hi all, What is the connection between gold prices and real estate? Pranav
12th Aug 1999
Dibyaduti Purkayastha @hclinsol.com
I presume if gold prices are low, people are using their savings to buy gold & not using it to invest in real estate. As demand for gold rises, it becomes more expensive. Simultaneously there is low demand for real estate, which makes real estate cheaper. When that happens the pendulum swings the other way & investment in real estate becomes more popular. With demand, real estate prices are pushed up & people again move to gold, whose price has fallen with falling demand. Ultimately an equilibrium is reached. Actually it is 5 yrs since I did any eco, so if I am proposing a brave new theory nominate me for the Noble Prize. Else forgive me for making u read till here. Cheers! PS: Just read the rest of the msg [after the first 2 lines]. The part above still holds.
13th Aug 1999
yang @vsnl.com
> Is there any Chartered accountants, lawyers specialsed in > Financial affairs > or Investment advisors on our List? > Dear Joseph, Yes, there are! -- Best regards, Yours sincerely, Yang Yen-Thaw from New Delhi *********************************************************************** YANG advocates & solicitors *********************************************************************** International business transactions, infrastructure and intellectual property (India related) Head Office - G-12 Saket, New Delhi - 110 017 Telephone +91-11-686-3103, TeleFax +91-11-696-3703 Other Offices - Bangalore, Hyderabad. ***********************************************************************
13th Aug 1999
Pranav Lal @softhome.net
Hi, Interesting. Why this relation between gold and real estate? Is it because they are physical assets? Pranav
17th Aug 1999
B.G. Mahesh @hotmail.com
Real estate is down now in India for sure but will pick up. We need a stable govt for sure. Before you invest from abroad I suggest you check if that investment is repatriable. Most NRIs want the investment to be repatriable. ----------------------------------------------------------------------- B.G. Mahesh Email: [email protected] http://www.indiainfo.com/ http://www.careerindia.com/
