Comments on: Financial crisis: Kerala real estate prices likely to go down http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/ A sarcastic, non award winning copywriter's blog... Wed, 14 Oct 2009 17:19:20 +0000 http://wordpress.com/ hourly 1 By: Cyril Towle http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-307 Cyril Towle Mon, 31 Aug 2009 09:03:16 +0000 http://methewriter.wordpress.com/?p=379#comment-307 Hi, just came here to read about copy writing and couldnt help but notice the post about kerala real estate. Not that i have anything to do with kerala, other than my wild fantasy to buy a house amidst the dense greenery (reminds me of Macondo and the dense foliage that Latin american countries sprout)and some good ole fashioned discussion on literature, marxism, John Abraham etc. I travelled once to trivandrum and noticed how throughly beautiful those houses were, intact in their own yesteryear style replete with an old man in the easy chair reading the newpapers wearing just his veshti. But now you tell me this: 1. the prices have gone up and we cant buy those small quaint houses or 2. Well all soon run out of maoney thanks to the situation that we can never dream of the said houses anywhich ways. Hi, just came here to read about copy writing and couldnt help but notice the post about kerala real estate. Not that i have anything to do with kerala, other than my wild fantasy to buy a house amidst the dense greenery (reminds me of Macondo and the dense foliage that Latin american countries sprout)and some good ole fashioned discussion on literature, marxism, John Abraham etc. I travelled once to trivandrum and noticed how throughly beautiful those houses were, intact in their own yesteryear style replete with an old man in the easy chair reading the newpapers wearing just his veshti. But now you tell me this:
1. the prices have gone up and we cant buy those small quaint houses
or
2. Well all soon run out of maoney thanks to the situation that we can never dream of the said houses anywhich ways.

]]> By: aby http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-248 aby Tue, 12 May 2009 02:55:34 +0000 http://methewriter.wordpress.com/?p=379#comment-248 did it went down enough now? did it went down enough now?

]]> By: Denis Eugene Arackal http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-181 Denis Eugene Arackal Mon, 05 Jan 2009 02:17:41 +0000 http://methewriter.wordpress.com/?p=379#comment-181 Dear Unni, I am not a real estate expert. But I am an end user or a potential client of these realtors, which helps me write about land with out any prejudice. Seven years back when you travel through MG road Ernakulam, all the big hoardings were that of jewelleries. Only they could afford to spend this much amount in promotion as only gold provided this much return. But then the real estate started to boom. At that time, anyone who is living in Kerala had only two dreams, to send his/her daughter/son to nursing and to buy some property as an investment. (By then the multilevel marketing fad was almost over!). Majority of the money which is flowing into the land in Kerala is from USA and GCC. Northern districts have great support form gulf countries and south east has from GCC and USA. It was easy to get credit in these countries till very recently and now their banks have dried up. Kerala realtors are marketing very much in gulf these days as they cannot find anyone purchasing from them back home. They push this idea that it is the best time to buy as nobody is buying now and we will get a great deal. Real estate agents are giving more and more freebies, which I see only as an indication for the best things to come. It will take at least 3 more months to see the impact of payment defaults and distress sell to avalanche. It has already started happening and moving forward. If you can wait till then, I think it will be more favorable. But it is only my personal opinion. NB: if you Google it, then you can see that the money transfers from GCC has come down very much. This will affect our liquidity very soon. Dear Unni,
I am not a real estate expert. But I am an end user or a potential client of these realtors, which helps me write about land with out any prejudice. Seven years back when you travel through MG road Ernakulam, all the big hoardings were that of jewelleries. Only they could afford to spend this much amount in promotion as only gold provided this much return. But then the real estate started to boom. At that time, anyone who is living in Kerala had only two dreams, to send his/her daughter/son to nursing and to buy some property as an investment. (By then the multilevel marketing fad was almost over!).

Majority of the money which is flowing into the land in Kerala is from USA and GCC. Northern districts have great support form gulf countries and south east has from GCC and USA. It was easy to get credit in these countries till very recently and now their banks have dried up.

Kerala realtors are marketing very much in gulf these days as they cannot find anyone purchasing from them back home. They push this idea that it is the best time to buy as nobody is buying now and we will get a great deal. Real estate agents are giving more and more freebies, which I see only as an indication for the best things to come.

It will take at least 3 more months to see the impact of payment defaults and distress sell to avalanche. It has already started happening and moving forward. If you can wait till then, I think it will be more favorable. But it is only my personal opinion.

NB: if you Google it, then you can see that the money transfers from GCC has come down very much. This will affect our liquidity very soon.

]]> By: Unni http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-179 Unni Sun, 04 Jan 2009 12:40:50 +0000 http://methewriter.wordpress.com/?p=379#comment-179 Any update on the above pls. I have some investment proposals and is it right to invest now or do you think the market will fall drastically in the coming months? Any update on the above pls. I have some investment proposals and is it right to invest now or do you think the market will fall drastically in the coming months?

]]> By: Denis Eugene Arackal http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-174 Denis Eugene Arackal Sun, 14 Dec 2008 18:36:45 +0000 http://methewriter.wordpress.com/?p=379#comment-174 Sreeniiiiiiiiiii, how are you? Its been a long time since we met. Updateeeeeeee Sreeniiiiiiiiiii, how are you? Its been a long time since we met. Updateeeeeeee

]]> By: sreeni http://methewriter.wordpress.com/2008/11/23/financial-crisis-kerala-real-estate-prices-likely-to-go-down/#comment-173 sreeni Sun, 14 Dec 2008 05:12:18 +0000 http://methewriter.wordpress.com/?p=379#comment-173 very good writing...as expected. do you still read? very good writing…as expected. do you still read?

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