Gurgaon Market Big Crash 😮 | Complete Analysis of Current Gurgaon market

[@PrasidhiRealty555]

Hi everyone please comment all your opinion as well as your understanding about current gurgaon market scenario so that everyone has a clear view of gurgaon market, thankyou 🙂

[@kabirsingh6799]

100 percent bubble...market will crash

[@oldmonk9219]

Kuch crash nai hoga....

[@manupandit3864]

Bubble. Who will invest in polluted city with no supply of water. No drainage. No internal roads.

[@sunnyyadav-ld8sz]

mere hisab se property market ki tezi tabhi manna chahiye jab resale ki market bhi tez ho, agar market me resale kam ho rahi hai aur uske rate jyada nahi bad rahe to hamesha bahut savdhan rahna chahiye...kyonki vo market me bubble ki nishani hai...........

[@abhishekchoudhary8023]

Resale dwarka expresswat pr sasta 2008 -9 mei burst hua tha

[@gurunguns06]

How to identify resale market is high or low ??🤔🤔

[@abrakidabra]

💯. This point always holds true. Investors create this synthetic demand. If job industry crash, investors would come out of holes to sale at dead cheap price.

[@VikashSingh-vp6zl]

Right sunny bro

[@mpchap]

Resale ho rha hai ya nhi isse frq nhi pdta..investment hmesha 10-20 years ko dekhkr kri jati hai..or itne time me atleast 4-5 times rate badh hi jate hai

[@fulltimefrontend]

Fake demand is created in Gurgaon. When you try to sell there are no buyers !

[@rkannan4561]

This is a wake up call.Gurgaon city lacks infrastructure, drainage, sewerage , unreliable power supply, low water table. I used to wonder how come there are buyers at these crazy rates being quoted. Independent floors with no facilities of a gated complex going at crazy prices. But if any one tries to resell them , there would be few takers. Feeling sorry for home buyers who have bought at these exhoribitant prices. I have friends who feel that their flat in Golf course extension that they bought for 60 lacs 10 years back commands a market price of 2.2 cr. But I doubt whether they can find buyers.

[@kannu12341]

This is the scene of GGN these days every other common taking loans to pay those super priced flats expecting his property is more than 100% from what he purchased but when they will go to sell no buyers will be there....even I booked a flat in emotion by paying 2 lac as token and later when I told dealer to cancel and refund he started saying that you are already in profit of 10 lac why are you cancelling deal. And when I told him that you will be in benefit only if I cancel why are you not doing this.....he consumed fevicol ( joking ) and not speaking anything now 😂😂😂

[@samhard8821]

You r in a black zone 😂

[@manupandit3864]

I remember in 2008. A person bought 3 properties on loan. Property never appreciated for a long time. Don’t know what happened to him later on.

[@manupandit3864]

They will find buyers due to FOMO effect and there is a greater fool out there to buy it. But you are right. Worst city. And will choke more in the future

[@SumitSharma-vj3zu]

Thank you for this discussion both of you. This is the first video I have come across where someone from real estate background is actually talking transparently from end consumers perspective, otherwise people out there are just boasting about the inexplicable exorbitant rate increase in Gurgaon's new projects. I also liked how you have tried to define 'Luxury' projects here, it was a valuable learning. Are there some parameters defined by the government to allow builders to call their projects as Luxury projects? Is there a way to actually check if a project is a luxury project or not?

[@desiborat]

There is no such standard set anywhere that defines luxury. One man's luxury is another man's commodity; its all very personal and subjective.

[@rameshsehgal7234]

The increase in property price in the form of Luxury apartments is likely to crash as there are no end users to that proportion.

[@desiborat]

Absolutely! This is very similar to what happened in Noida 10 years back but Gurugram simply refuses to learn courtesy the dubious financiers, builders & their own propped up fake buyers. To lend a perspective, one can buy a luxurious beach-side villa with a private pool & Jacuzzi in a gated community in Miami (Florida, USA) in a budget of 5cr and here, people get crazy over apartments which give an abysmal rental yield of around 2.5% at best. To each one, their own.

[@autolover3316]

I am sure he hasn't bought any of those above 7 crore flats, else he wouldn't be saying this! 😂

[@user-pn2ew8fe8i]

@@autolover3316that is great he did not fall for the FOMO and agents BS

[@manupandit3864]

@@desiborat builder of Godrej property selling for 2 cr. And resale 1.3. Has this ever been seen before. I am curious if a tough real estate law is coming where all builders running for cover to convert you know what

[@desiborat]

@@manupandit3864 So true! There is an artificial bubble being created with builders resorting to faking their bookings in more ways than one.

[@SunnySharma-ob6my]

This is the best Gurgaon real estate analysis video in the recent times, thanks to both of these guys who have shared their views, GURGAON REAL MARKET IS INFLATED AND IT WILL AND SHOULD CERTAINLY BURST IN NEXT 6 months after the election. How come there is huge demand of ultra luxury projects this is a hype which is getting created by these developers and government is also increasing circle rate. How come we have got so many buyers of 4-5 crore worth flats, this is fishy.

[@CHANCHALSAMAJPATI]

Very well explained, as why normally a project fails. The video made me think property buying with a different angle. It was a eye opening for me. Thanks to you both.

[@PrasidhiRealty555]

Thankyou

[@nitisharora2795]

Great work we need people like you to burst this bubble 🎉

[@yogikhatri5037]

Bro you are right, fake customers and fake hype created in market.

[@kapillakhwara]

Good analysis, Ready to move is available at 10k, similar property nearby is selling at 15k in new launch, so much gap is classic receipe for bubble to burst

[@amitraghav8375]

Kha par hai mujhe bhi btao

[@amitraghav8375]

Bhai ise kuch nhi pta elan ko accha builder bta rha hai elan ne jitna bhi commercial bnaya koi bhi r Lease nhi kar paya chutiya hai ye Builder call reach capital and aipl they are real developers Pls contact if you want invest in good property

[@vinaymehra255]

Very true; much appreciated. Please continue with these kind of realistic videos giving indepth analysis. For last one year, I have been telling the bubble is building up in Gurgaon real estate market and can burst soon. I have given it a name "Harshad Mehta scenario in Gurgaon real estate market". Lot of investors have entered in this market thinking that by paying only 10L rs, within short time they will exit with 1 Cr gain. DLF 77 understood it and they have made 50L EOI from 10L so that investors are kept away (you have correctly pointed this phenomena). Once again many thanks for bringing up this clarity 😊😊😊😊

[@piyushanand271]

Sir please visit our office

[@chandmohammad2492]

Yes, This is a synthetic price that have been created by builders and developers. A new property is quoting at 4 CR and resale of same property is demanding only 2.5 CR (Adani Samsara), raises the red flag.

[@kunalrao1123]

Resale date of every flat and plot should be made available to the public. This will help buyers understand that how many people are getting an exit

[@green_life7]

Anonymity hi to business hai real estate ka. 😂

[@aanshulgoyal]

Almost all make exit after making profit, investor earns by tht only

[@ShivamGupta-wf5ni]

This guys is the only one who is taking sense.

[@dee75pak]

Absolutely 💯 Most of these projects will take 10/15 years to complete because investors will not find buyers and builder finance.

[@HimalayaGarg]

Government not doing anything to prevent black money in real estate

[@Maverick00774]

Government earn 18% tax from registerey , gst and various other taxes plus it supports economy. They will never touch it

[@pb11-mp4mz]

Go t is sending notices and e campaign to salaried but no action in checking where these people are getting crores from to invest in these property deals.

[@UT9289]

@@pb11-mp4mz but how

[@Invest.Lucknow]

When public is chutiya then kya kare govt 😂😂😂

[@kannu12341]

Bahut sahi samjhaya aapne ...yeh sab middle class ko samjhne ki need hai ....sab apna hard earned money nikal ke downpayment kar rahe and loans leke fass rahe bina soche samjhe ....resale m cheezein sasti hai and new launch wali costly ..fer bhi log new launch ko bhag rahe ....

[@vishwaskumar6797]

Problem is that,everybody is interested in fresh sales..Nobody is interested in resale..Without resale market can't sustain..It will nosedive.

[@AKumar-tz2nu]

As per latest report published in times of india, NCR real estate market only grows 3% compared to last year but rates all skyrocketed. Total sales is 65625 units vs 63710 in 2022 in NCR region. Highest was pune which grown 52% compared to last year. This is clear indicator that hype is getting created and As per my views this is only till May elections. End user should wait till then.

[@ManasSrivastava492]

You earned a subscriber today! Very few think in the benefit of the customer and you are doing that.

[@sanjaytrivedi4986]

Great analysis and information when everyone trying to create FOMO and luring end users. Keep making such analytical video to give information of other side of story happening in market

[@PrasidhiRealty555]

Ok

[@aseemkapoor6970]

Tark k saath aapne baat kari.. Badiya video banayi aapne! Nice 👌.. Following you now!

[@pradeepsamvedi6046]

Very good video.. Gurugram property investment is very confusing at the moment.. jo kharid lo uska price ruk jata hai aur jo nahin buy karo uska price double ho jata hai

[@vijaymehta343]

Same scenario happened in 2012, Amrapali, Supertech many big builders went bankrupt

[@ravikatiyar6530]

Don’t think this is same as 2012 case of Supertech, Amrapali , gaur in Ghaziabad, greater Noida. They just kept on building and unsold inventory kept pilling on. This is not what’s happening in Gurgaon. The projects in even slightly decent location are actually sold out. I have seen Builder removed there sample flat from the project site because there’s nothing to sell.

[@subodhbahuguna3226]

2024 will be no different

[@mohanrao6]

DON'T BUY PROPERTY IN DELHI NCR ,GAS CHAMBER IN FUTURE GOVT WILL NOT DO ANYTHING YOUR CHILDREN WILL DIE ,IF HAVE TO STAY RENT .KEEP MONEY SAFE IN BANK IN fD

[@UT9289]

​@@mohanrao6Rao sahab ye kaise kah rahe hai ki future nahi ncr ka Kal ko India aur developed hoga to log rojgar ke liye Saharo ke taraf aayenge aur jab aayenge to demand create hoga aur demand create hoga to supply utni nahi hogi fhir aur district per dhyan degi aur naya infrastructure banyegi jaise abhi palwal Rewari aur sabhi ncr mein market ka dayara badhega aap apna bhi raay dijiye

[@nishantnimish7825]

​@@UT9289 future tier 2 cities ka hai

[@kamalgupta7950]

I must appreciate your way of explaining in detail with logic about the hype being created by a certain interested parties in collusion with brokers. 👍🌺

[@RashmiChoudhary765]

I was also experiencing FOMO.. Thanks a lot for this video. This is the only one which is helping clear the picture. It is unaffordable.

[@jah2147]

Thanks for sharing honest thoughts, this will prevent many retail buyers from making a bad choice.

[@kumarkhanna1126]

Bilkul sahi keh rahe ho exit nhi milega

[@surendrasingh-en5tx]

Very good, eye opener discussion. Logical explanation of each point.

[@pahuja63]

Nice and informative video. Really genuine effort. God bless you. Keep it up.

[@piyushanand271]

Thanks sir

[@anshulgoyal5956]

Totally agree with the analysis... ACE is struggling to sell inventory at 1.5 cr.. SS Cendana has still units available at 1.35 even after 6 months of project launch.. and 4 crore projects are selling out in a single day.. Doesnt make sense.. I came across a project which had around 150 units at 1.4 cr, builder claimed 95% got sold in a week. One of the sales person of a real estate company confided me that all flats are brought by 3 partners itself. These 3 partners kept on selling flats to me even after 8 months of launch.. How come for a project which got 95% of flats sold out in a week had flats available even after 8 months and that also through builder.. totally synthetically generated market..

[@mohanrao6]

Why CBI not investigate this

[@dwarkadhishghaisas2823]

All over India property prices are artificially mounting up and up, be aware 90% population is poor and any economy is based on such 90% customer.

[@sachintrivedi1320]

Namaste, Bahut hi informative talk ki aapne, atelast mere jaise nausikhiye ko bahut kuch janne ko mila. Dhanyawad.

[@inlovewithhumans]

I am pleases to have got this video from youtube suggestion. Great Video dear Ones 👍👍👍 God Bless All

[@piyushanand271]

Thanks

[@vidyabhatt4131]

Very nice explained .Yes i do fully agree that if commercial property is not sold then how come residential property has been sold so quickly????

[@manikjain5351]

Everyone is saying ... property rate are increasing..best time to invest...but no data on resale happened or not... FOMO may be the main reason....

[@f12025]

*Subscribed*

[@RamKumarBishnoi-f2j]

Very fruit full discussion

[@piyushanand271]

Thanks sir

[@AKumar-tz2nu]

Good analysis. All are hyped. Real end users stopped buying. Going towards a big crash in real estate soon in Gurgaon. Most probably after may elections

[@PrakashKumar-sl5sb]

Janta ke pas paise nahi hai kaun leta hai bhai jo aise hawa bana rakha hai inhone. Kuch flats gir v jaate kaun pagal ho rakha hai yaha Marne ko. Sab keh rahe bik Gaya bik gaya. Mujhe v aaj tak samjh nahi aya le kaun raha hai IT or corporate Wale ke sath rehta o marjate ek sarkari aadmi pure jindgi kamaye A grade ka officer ho to 2cr bana pata aise bakwas karte saale ye builders jaise yahi Himalaya v aajaega or ganga v nikal jaegi 😂😂😂

[@nadeem1329]

Good discussion from a buyers point of view. I think all retail buyers should wait for an yr before buying this frenzy pricing.

[@dr.jitendraraghav5374]

I appreciate your analysis👍

[@rvarma8342]

Very good points raised, the suggestion of customer bank eligibility is good, this should come in the system.

[@desiborat]

The question of bank loan eligibility would never arise because a lot of these buyers aren't even real but merely fake buyers propped up by the builders themselves. These projects would easily take 5-8 years for completion and the whole inventory would be gradually pushed through the resale market.

[@anupamajain8743]

Thoughtful discussion ❤

[@mr_robot_tech]

There should be specific criteria set for luxury even for apartments and homes like its in hotels it’s 4 ⭐️, 5 ⭐️, 5 star ⭐️ deluxe & 5 ⭐️ super deluxe. Also even if they make project as luxury one what about its maintenance and keeping those standards as it is ?

[@chandermohan7949]

you are right...there are very less end users...only investors are there..Its big bubble will burst sooon..save ur hard earned money

[@harryyadav09]

Bhai your voice sounds like “ Pankaj Tripathi “😊

[@dharmenderyadav3293]

Sahi kah rahe ho ap SEC 70 me Elan epic and Tapaya grand walk and Reach 3 me aj koi shop ko lease pe lena nahi chahta. Koi sale hi nahi h. Every month shop laid off ho rahi. 😂😂😂😂

[@nadeem1329]

Within an yr property rate in greater noida JP green has almost doubled. It's an artificial rise or bubble , bound to come down. Crash in pricing is imminent may be in 6 month or an yr.

[@baddystar]

60lakhs low quality flats are above 1 CR in Noida. Now, if Noida is costly than Gurgaon will be more costly. The cost has increased for all properties due to taxes, high demand. Cost has increased a lot overall. Now, the cost may not increase much now but it's a fact property is not affordable for above middle class.

[@ashishdhingra2822]

Even noida extension which was an affordable option is having projects starting 1 1.25 cr..every builder is increasing the rate every month

[@naraindrabansal9086]

Good effort for giving insights of Gurgaon Realty, keep it up

[@piyushanand271]

Thanks

[@piyushanand271]

Suggest some good topic to make video

[@Deepaklibra1984]

Ek dum sahi analysis hai bhai... Ki rates are tooo much.. buying capacity of end users is more important, and real scenario of Indian middle class is quite similar to what you explained.. agar wo end user ne default kia to bas builder ka bhi default ho jayega..

[@varunnayyar9034]

Very nice, keep it up and keep giving us real and valuable information

[@desiborat]

Interesting, well researched, grounded and thought provoking discussion. Looking forward to more such videos on this channel. Best wishes!

[@wunderbloke]

very good discussion

[@Welcome2Bharat]

The rise in rates of dlf plots seen after 2020 when people from Delhi places like CP Sarojini etc sold their properties at huge prices and buying property in dlf and building floors and selling them all because of them we have seen in rising prices of dlf plots

[@vicrampandit1814]

I listned you well & fully echo.all bubbles around,irational rates of builders in costly city of pollution, water logging, whisky shops, ,unmanaged traffic. Govt is not able to understand how to develop Gurgaon, so relying on private developers & builders. Few People are moving to secondary neighbourhood cities properties. Plz make a video, We need to find out who is actually investing into Gurgaon bull market , r these corporate couples with handsome salary , black money, business men , who are these bunch of people😊

[@piyushanand271]

Sure will do

[@326msmo]

Buy or don't buy its your decision ...but don't fall in debt trap..you may loose your golden years in servicing debt

[@pratushkrishna]

Sahi samay per video dekh li bach gaya me to, FOMO ka shikar ho gaya tha me, thank you 😊

[@naveennegi2305]

Forgot to thank you both for putting across ur valuable observations.

[@PrasidhiRealty555]

Thanks 👍

[@Entertainment-Mirror]

Always buy resale or ready to move-in property..to avoid any future hassle .

[@hgjhhj3491]

Same is happening in noida..bewajah jewar airport, film city ke nam pe yamuna authority tak log plot khareed rahe hai..maze wali bat to ye hai ki broker khud bol rahe hai plot khareedo aur 6 mahine me bech do..matlab zameen hai kya stock market

[@RahulSharma-im6ii]

Thanks

[@I4U.1]

Excellent analysis on property rates

[@chandermohan7949]

Sahi kaha..ye artificial increase h..bubble burst hoga hee..pucca h

[@RajKishorSharma]

Commercial Gurgaon may jarurat se jyada Bane hue hai. Mai sector 57 may rehta hun. Yaha 1 km k andar 5 mall Bane hue hai. Isliye unka demand nahi hai.

[@SunilKumar-wo1jz]

Good analysis resale value of actual property value

[@autolover3316]

Lockdown se pehle note bandi hui thi, rera aya, gst implement hua, their analysis is not well prepared! There was low liquidity in that market. Gurgaon ke old sectors mein ye rates pehle se hi established hain. The new sectors are not that far from here and thus they are matching the same rates quickly with the more infrastructure development. Inko koi idea nahi hai! Resale markets only takes up when atleast few towers are given possession not while the project is being constructed. Aaj Shobha ka resale ka rates dekho aur agar tum launch price se 50% high par bhi unit dila do any location to I am ready to take it on spot!

[@kissejawanike]

very interesting, very true and based on facts indeed.

[@AkshatPaul]

Genuine video good analysis

[@tarunkant7767]

Thanks for the video👍

[@pratap153]

subscribed! keep d good work!

[@ajaypratap6055]

I SAW ONLY DUST FLYING IN GURUGRAM. SHORTAGE OF WATER NO GREENERY N NO PUBLIC TRANSPORT.

[@dkjha5494]

Perfect analysis. Pl make one episode on bangluru also. There also i see similar trend.

[@PrasidhiRealty555]

Ok

[@hemantgupta2712]

I 500% agree. I have seen people talking about property running out of reach, rates elevated by 30-40% in just 1 year & I told exactly the same. It's a bubble. I can bet it will burst by 2025. Forwarded this discussion to multiple contacts of mine as eye opener.

[@piyushanand271]

Thanks

[@chandramanithakur6432]

Don't think so bro , rate might go down but it will be only by 20-30%

[@mukeshbhardwaj9498]

More detailed analysis is needed with clarity and advise and also more clear voice.People want a way forward

[@PrasidhiRealty555]

Ok

[@umeshchandersonkar19]

Very nice discussion, not sure it is real hype because this game is playing in big cities only, small cities still struggling

[@sanjeevverma28]

Same thing happened in 2011 to 2013 on Dwarka Expressway.. Later after 2014 market crashed.. Bechna mushkil ho gaya tha.. I have witnessed that

[@UT9289]

Kya hua tha Pura explain kare

[@deepaksher1155]

Kya hua tha pls btyai

[@mandeepnarula4685]

Even Dlf numbers in qe results not indicate the euphoria, further whose incomes are increasing so much to justify this price, this bubble will burst sooner than later

[@Guitarmaster007]

Flat khareedne jao toh bohot mehenga ......ussi flat ko sale karne jao toh theek keemat nahi milti 😅😅😅😅😅 dhaandhli chal Rahi hai real estate mein 😅

[@deepshar027]

Certainly there is fomo and manipulation however property prices are rising everywhere as the cost and tax rising too. If circle rates go up there will be minimum price to be paid. New launches have more manipulation for sure. Only time will clear real picture. People in middle class should play it safe and not get into FOMO.

[@Corporateguru2705]

What about DDjay floors built by SG, or dlf or M3M.. do they have a good future from appreciation point of view and is it good for end use?

[@PrasidhiRealty555]

Sir please for any query call or WhatsApp - 9315242836

[@Miles_Rover]

With this logic ready to move properly is going to be more expensive!!! FOMO is there but there is enough demand, if you don’t buy someone else will.

[@gauravmishra5584]

I am builder in kanpur And totally agree with u

[@RajKumar-yq5pj]

Stock market me 10 - 15 % margin pay kar, derivative segment - F&O me speculation hota he vaise hi property market me ho raha he.. Greed and over trading.

[@sudhirpandey8572]

nice discussion

[@anitakaushik]

Mostly people have budget from 50lac - 1.5 cr. No end user will buy beyond that. Dwarka Expressway will be rental hub if prices are not corrected.

[@RohitSinghSangwan]

I agree….with your discussion, but flats of price 1-2 cr…are mostly bought by Delhi wala people……they sell their builder floor in Delhi or small plots like 80 gaj or 100 gaj in Delhi and buy a flat easily in Gurugram of budget 1.5-2 cr…..yeh bhi toh ek concern hai…its easy for them.

[@PrasidhiRealty555]

Agree 👍

[@amitabhgautam8503]

Very good point lifted by him was "Luxury". What defines luxury? I agree With him.

[@piyushanand271]

😊

[@drrakeshbhardwaj]

Property dealers has booked 90percent flat with 10 percent money and artificially hiked the rates

[@unitedstatesofindia1460]

make a podcast or something with someone like sango realty on the process of becoming a good real estate agnt/broker. u will have 100k views.

[@naveennegi2305]

In my understanding Gurgaon grew bcoz of IT companies presence BUT how people who were living on rent before pandemic have suddenly got crores to buy these apartments. If they were so rich why didn’t they purchase properties before pandemic. Unnecessary hype! Even if it is end users who r buying these flats then People having 7-8 crores for a flat will have 3-4 cars, what will be traffic condition in 5-7 years. Sab COVID ka wait ker rahe the Kya apni ameeriyat dikhane k liye.

[@PrasidhiRealty555]

Good observation

[@vikastulsi]

Very good video for understanding how to look at market... I am from Bangalore. Still wondering whether to buy own flat or not.. I really don't want to take a huge loan on my head just because of FOMO... But the society and family gives me only FOMO.. :)

[@abhisheksrivastav1951]

Builders ke 20% flats bhi bik jaate hai to wo market mein halla macha dete hain ke 100% sold out.. Consumers ko lagta hai ke humne miss ker diya... Mein bhi le leta hoon.... Bas yahin se builder aur dalaal ka kaam shuru... Ek ek flat pe ye 350 se 500 rs per sqft commission kamate hai...

[@NitinKumar-rf1eh]

Great sir and mam

[@MrRavipalsingh]

Jab property dealer ke paas property lene jaao to wo bolta : “Maal hi nahi hai” aur jab bechne jaao to bolta :”Grahak hi nahi hai” lene jaao to rate high bechne jaao to rate low …. Property price dealer manipulated aur buyer ki topi pehna dete

[@AKumar-tz2nu]

real estate is right now investor market like in year 2012 and so many launches. If you are investor buy. If you are end user wait as this bubble will burst soon. Dont be more dependent on property broker view. They will never tell you truth. This market is very riskier for end user who purchase property on loan and then property rates will decrease

[@ssd7853]

Gurgaon is failing city no basic infrastructure. It’s not at all a planned city. Went to Noida I was shocked wonderful infrastructure beautiful city and so well connect to Delhi.

[@mpchap]

Today onwards you cant expect properties prices to go down. Because land prices has shoot up. Land prices will never going down in future. Due to which flats will increase and most imp salaries are not rising due to 30% income taxes and bjp. Today ncr market has become loke mumbai market where you have to sell something in ncr to buy something else in ncr. No illegal colonies will setup in future.

[@theknowledgevlogger]

Property is at unrealistic rate as of now. Middle class end user buyer are finding it very difficult