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DLF
DLF? Is it good time to buy?
Posted by :
IT_BullsTracked by: 2 Boarders
Times of India: For price of a ticket, you can buy a home in US
Return tickets for Delhi-New York are priced around Rs 75,000, but with real estate prices crashing in the US, Indians could buy homes there for the same amount! Thanks to the bottom falling out of the US housing market and struggling families abandoning homes, unable to keep up with mortgage payments.
A detailed look at US realty websites such as realtor dot com, zillow dot com and ziprealty dot com show homes with one bathroom and bedroom are indeed being advertised at anywhere between ,500-3000 (Rs 69,000-1.38 lakh), an incredible fact by itself, in places such as Detroit, Michigan, Jackson, Mississippi, and Cleveland, Ohio.
“The dramatically lowered residential property rates in many parts of the US can be attributed to the sub-prime crisis, which has caused a huge surplus of stock in the market, besides reducing liquidity, which slows down absorption,’’ said Raminder Grover, MD, Homebay, a subsidiary of international property consultants Jones Lang LaSalle Meghraj. As per law, homes can be purchased only by US residents, and the low prices could suit students travelling to US and techies regularly sent for on-site operations. As per the RBI cap, an average Indian can invest upto 0,000 (Rs 93 lakh) in US real estate.
“Students live in apartments or as paying guests by shelling out 0-500 per month. If they or their parents can afford to pay money upfront, this might be a good option for students planning to stay for 1-2 years,’’ said Sridevi, US counsellor for Valmiki Group, which processes study visas for US. Over 6% of US home loans are in arrears and around 1.5-2 million Americans have lost their homes to foreclosure in 2007.
As in India, additional costs, apart from buying the home, could be from the cost of borrowing, brokerage payable for the location of property and registration. For the likes of Rohan, an IT professional who is soon to be sent to New York for 3-6 months, a home could straightaway save 0-1000. Junior and middle-level techies get 0-600 per month as house allowance, while project managers and higher-ups are said to get even ,000 per month. But students or techies going to states such as Nevada or California may not be as lucky. “In California, homes still come at ,000-200,000. Indian students cannot afford to pay that much. Plus, a group can still rent out an apartment for ,000-3000 and split the costs,’’ Sudha Kumar, recruitment coordinator at Viterbi School of Engineering (University of Southern California), said.
Still, houses that are available at a price cheaper than a Nano continue to lure everybody. “It is an ideal time to buy property in countries such as the US and the UK, since entry costs have never been lower and the future growth potential is immense. Also, these property markets are far more transparent than our own; so investors can get clean deals much faster,’’ Grover of Jones Lang LaSalle Meghraj said. ...
In reply to:
DLF? Is it good time to buy?
Posted by : pkk07
No way.
Remember a stock which has fallen 90% is one which fell 80% and then halved. You can still lose everything in this counter. DO NOT TOUCH DLF. 
DLF? Is it good time to buy?
Posted by :
pranayranjanTracked by: 2 Boarders
I also dont think 50-60%. new projects are still coming in Gurgaon and other NCR region. Rates per sq ft are still on higher side. Brokers or promoters are creating hype and people still are buying houses.
Even rent is on very higher side. For 2 BHK, it starts from 12k and so on. It would still be wise to book a house and move there. ...
In reply to:
DLF? Is it good time to buy?
Posted by : 14all..all41
well 60% is not quite on the cards...but yea, for sure they will fall from these soaring rates that niche builders charge. But i also beleive that at some point of time they will regain demand. Its only time.
DLF? Is it good time to buy?
Posted by : 14all..all41Tracked by: 2 Boarders
well 60% is not quite on the cards...but yea, for sure they will fall from these soaring rates that niche builders charge. But i also beleive that at some point of time they will regain demand. Its only time....
In reply to:
DLF? Is it good time to buy?
Posted by :
sattmarket
property price will fall 50-60 percent in delhi ncr,mumbai,
Long term wale hi doobe ha ,intraday wale to ek din doob kar bach gaye ha
DLF - Min 450+ in ST!
Posted by : pkk07Tracked by: 0 Boarder
How did u come to the fair price of 250 for DLF? I think on fair value basis, looking at its EPS of 15 which will sharply fall going forward, this company is not even worth 150. The book value is 66Rs which should mostly come from its inflated land bank valuation. ...
In reply to:
DLF - Min 450+ in ST!
Posted by : sanjeev3430
I feel the day DLF touch around 250, we can say bear phrase is coming to an end. I does not mean that dlf right value is 250, it is certainly more than that. Hopefully by then stocks like L&T, BHEl should also be cracking. I know lot of guys will not like my comment. Like in bull run they are excessively priced, similiarly I feel at the end of the bear market they will be dirt cheap. Sensex bottom might be around 10500 around. Let us see how it goes.
DLF - Min 450+ in ST!
Posted by : pkk07Tracked by: 0 Boarder
Waiting for that day.
Realty stocks have no rights to pull the indices down. Lets throw realty out of sensex and Nifty....
In reply to:
DLF - Min 450+ in ST!
Posted by : raj_tibs
In about 6 months time, expect DLF and Unitech to be thrown out of the Nifty and the Sensex.
DLF? Is it good time to buy?
Posted by : pkk07Tracked by: 2 Boarders
No way.
Remember a stock which has fallen 90% is one which fell 80% and then halved. You can still lose everything in this counter. DO NOT TOUCH DLF....
In reply to:
DLF? Is it good time to buy?
Posted by : Guest
Today DLF enetered its 52 week low again. & also, there are some developments goinng on. Is it good to enter DLF today.
DLF? Is it good time to buy?
Posted by :
phkTracked by: 2 Boarders
sattmarket,property prices in mumbai , maharashtra and gujarat will not fall that much compare to Delhi ,UP, better to buy godrej inds ,bombay dying ,hind const,and other good real estates ,Builders in delhi and round about are wasting share holders money on golf course other non profit luxury,,PHK,,...
In reply to:
DLF? Is it good time to buy?
Posted by : sattmarket
property price will fall 50-60 percent in delhi ncr,mumbai,
Long term wale hi doobe ha ,intraday wale to ek din doob kar bach gaye ha
DLF? Is it good time to buy?
Posted by : sattmarketTracked by: 2 Boarders
property price will fall 50-60 percent in delhi ncr,mumbai,
Long term wale hi doobe ha ,intraday wale to ek din doob kar bach gaye ha ...
In reply to:
DLF? Is it good time to buy?
Posted by : ank1977
Yes, for long term u can buy at current level reality stocks like DLF, Ib real, HDIL etc., bcoz the sector has been cracked down heavily since last few days.
DLF? Is it good time to buy?
Posted by : sattmarketTracked by: 2 Boarders
property price will fall 50-60 percent in delhi ncr,mumbai,
Long term wale hi doobe ha ,intraday wale to ek din doob kar bach gaye ha ...
In reply to:
DLF? Is it good time to buy?
Posted by : ank1977
Yes, for long term u can buy at current level reality stocks like DLF, Ib real, HDIL etc., bcoz the sector has been cracked down heavily since last few days.
DLF? Is it good time to buy?
Posted by : ank1977Tracked by: 2 Boarders
Yes, for long term u can buy at current level reality stocks like DLF, Ib real, HDIL etc., bcoz the sector has been cracked down heavily since last few days....
In reply to:
DLF? Is it good time to buy?
Posted by : 14all..all41
I still think there is a downfall of around 10%..Then you can enter for long term
DLF? Is it good time to buy?
Posted by : 14all..all41Tracked by: 2 Boarders
I still think there is a downfall of around 10%..Then you can enter for long term...
In reply to:
DLF? Is it good time to buy?
Posted by : Guest
Today DLF enetered its 52 week low again. & also, there are some developments goinng on. Is it good to enter DLF today.
DLF? Is it good time to buy?
Posted by : GuestTracked by: 2 Boarders
Today DLF enetered its 52 week low again. & also, there are some developments goinng on. Is it good to enter DLF today....
DLF meeting outcome?
Posted by : GuestTracked by: 0 Boarder
can anybody tell me what is the outcome of DLF meeting held some days back? is it good to enter right now ?...
Sell DLF: Goldman Sachs
Posted by : pkk07Tracked by: 0 Boarder
Go look at what happened to IT companies after the IT bubble burst. People just lost and lost money in them. Infosys today is only about 50% higher than its peak in 2000. And it has been eight years. I do not even know about the lesser companies.
Let me make a prediction. DLF will not cross 1840 before 2015....
In reply to:
Sell DLF: Goldman Sachs
Posted by : Guest
I think DLF is just beginning at this time. & many more years & decades to see for the company. The mammoth size will proves it. I think near 2010, the stock could ride near 1840 level for sure.
FLASH GOOD NEWSSSs frr markets !!!
Posted by : GuestTracked by: 0 Boarder
US bailout is big joke of 2008
to stabilize the boat one need 2 to 4 trillion money
Bush proposed 700 billion, congress agreed 250 + 100 in parts now
another 350 is pending.
any rally based in this india should be used for exiting long positions
dont fool yourself by this junk news.
Dow will fall to 9800 and 8600 in the coming days.
Nifty will fall first to 3600 then 3000 by the end of the year...
In reply to:
FLASH GOOD NEWSSSs frr markets !!!
Posted by : vtycoon
U.S. Congress races to reach bailout deal before Monday
WASHINGTON (Reuters) - The U.S. Congress raced to strike a deal on a proposed $700 billion bailout of the financial industry in an urgent weekend negotiating session to try to alleviate the worst financial crisis since the Great Depression.
Pressed to act before Asian markets open on Monday, negotiators worked through the night and into Saturday after much of the country paused to watch the first debate between the presidential candidates, Democrat Barack Obama and Republican John McCain.
"Time is not our ally, and this urgent need will not benefit from delay," said Senate Republican leader Mitch McConnell of Kentucky. "The goal would be to announce an agreement tomorrow and to have a vote on Monday."
markets will go 500+ + + + :D
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