India's Real-Estate Market is Growing Fast. Will it Last? | Between the Lines with Palki Sharma

India's Real-Estate Market is Growing Fast. Will it Last? | Between the Lines with Palki Sharma
2023 was a bumper year for Indian real estate with record sale of houses and properties. By 2030, India's real estate market will be worth $1 trillion. What is driving this surge? Palki Sharma tells you on Between the Lines.
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Will India's real estate market break all records in 2024? Comment below and join the conversation.

[@Indian_Girl_Aarini_213]

I find it incredibly shocking and surprising how China and India are just so strikingly in contrasting. On one hand they have an abundance of unoccupied buildings (ghost cities is what some people calls it). In fact a few thousand of those cities already. On the other hand in India there is hardly any buildings and is filled with sIums everywhere with no toIiets. USA is in a similar position to lndia with their amounts of homelessness now.

[@Indian_Girl_Aarini_213]

*If India says that China is not doing well, I just can't imagine how horrific it must be in India* This is like an F - grade student telling an A+ student he is not doing well - China is 60 times richer than India. (I know it's unfair that the British looted 45 trillion from India, but it is what it is). - China's economy is 6 times larger than India's. - China's yearly growth is 5 times greater than India's. - China has better living conditions and healthcare; on average, they live a whole decade more than their Indian counterpart. - China launches 20-50 times more rockets than India into space every year. - China is a lot more intelligent, with an IQ of 104 compared to India's 76. - China is more athletic and stronger than India, winning 38 times more gold medals than India in the world olympic games. - China's reserves is 7 times larger than India's reserves. - India is forced to use the Chinese currency when purchasing oil from Russia, Iran, or Venezuela. Due to weak & undesirable Indian Rupees. - China has 21 times more companies in the Fortune 500 than India. *Rovers on Mars* China: Yes India: No *Brought back Lunar Samples* China: Yes India: No *Humans in space* China: Yes India: No *Space station orbiting above us right this moment* China: Yes India: No *Indian News* FirstPost: China overtakes US to become world's richest nation Wion - At $514 trillion, China overtakes US in terms of amassing the biggest net worth Indiatoday - China overtakes US as world’s richest nation Tribuneindia - China overtakes US as world’s richest country Businessinsider india - China overtakes US as the richest country in the world Thequint - China Overtakes US as the World's Richest Nation Hindustantimes - China overtakes US to grab top spot in list of richest countries Indiatimes - Global wealth surges as China overtakes US to grab top spot NDTV - China Is Now World's Richest Nation, Ahead Of US NewsX - China Overtakes US As World's Richest Nation India - China Becomes Richest Country In The World, Overtakes US To Grab The Top Spot Timesofindia - Global wealth surges as China overtakes US to grab top spot Newindianexpress - China overtakes US as richest country in the world Oneindia - China overtakes US as the richest country in the world News18 - चीन बना दुनिया का सबसे अमीर देश, अमेरिका को किया पीछे Aajtak - छिन गया America से ताज, अब China दुनिया का सबसे अमीर देश! Zeenews - Worlds Richest Country: America पीछे... China बना दुनिया का सबसे अमीर देश TV9 Hindi - अमेरिका को पछाड़कर चीन बना दुनिया का सबसे अमीर देश, 20 साल में बनाई इतनी संपत्ति Newsleadindia - चीन ने अमेरिका को पछाड़ा दुनिया का सबसे अमीर देश List of countries by GDP (nominal) Medal Tally | Tokyo Olympics 2021 List of countries by FOREX reserves Fortune Global 500 2021 | Full list of ranking Spaceflights in 2021 Average IQ by Country 2022 *USA News* BIoomberg - Global Wealth Surges as China Overtakes US to Grab Top Spot Yahoo Finance - Global wealth surges as China overtakes US to grab top spot *Japanese News* Nikkei - China overtakes U.S. in national net worth to grab top spot *UK News* Dailymail - Global wealth trebles in last 20 years as China overtakes US with the highest net worth - accounting for a third of world's growth

[@Delin86]

@@Indian_Girl_Aarini_213 I am from guyana and India isn't all that. our economy growth rate for 2023 was 62.4% and India is like 6.2%

[@Gobar_Simpson]

In China there aren't any homeless whilst they have a hundred million empty homes to spare. In India, there is homeless everywhere with not enough buildings.

[@Delin86]

@@Indian_Girl_Aarini_213 India thinks growing 0.8% more than China last year is special, but here in guyana we are growing 56% more than india. 😁😁😆

[@NicholasBall130]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[@StocksWolf752]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@StacieBMui]

Soon, cheap homes won't be cheap anymore because prices today will look like dips tomorrow. I think inflation will cause panic until the Fed tightens its grip even more. You can't just pull the band-aid Off half way. Booms and busts are the ups and downs of the economy, and they will affect any investments. If you are at a crossroads or need honest advice on the best steps to take right now, it is best to get counsel from a financial expert.

[@EleanorBaker474]

Could you kindly elaborate on the advisor's background and qualifications?

[@StacieBMui]

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

[@VictorBiggerstaff]

Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@LilianaAgnes]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@mollyEmiliano]

Yes, truly, investing in the market, even if it's just the S&P 500, can keep up with inflation, because the growth rate of stocks will always exceed the inflation rate. But if you don't have the courage, you could just invest with a financial advisor, which even has greater return on investments, while securing your investment against losses.

[@StuDiego613]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@Leonardogreta]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@otmanMaya513]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@kek209]

As a canadian please do not allow realestate prices to continue to grow. It will screw over the younger generation and it will cause massive inflation. Housing should always be a place to live and an investment as a distant second!

[@nareshagarwal772]

Nothing can be done Most of Indian youth entering job markets will perhaps not be able to a buy a 'Nice' home in this life only based on their salary.

[@BhavishKumar-hl3fl]

i THINK YOU ARE INDIAN

[@prettypenny2353]

Has to be a Panjju in Kanadaa.

[@hennagaijin7856]

San Diego, California here! From someone in a high-cost area, I'll let you know that it is very difficult to hold back the free market. Real Estate will do what real estate wants. Also, real estate is the absolute backbone of the entire national economy because the mortgage payment takes first priority, and everything else takes a back seat. India is about to learn that. To Indian young people, I would say that housing is going to become out of reach for many of them. However, and this is something every Canadian should know, given their adjacency to the provinces of Alberta and Saskatchewan, when real estate booms, other sectors like oil, copper, uranium, gold, and really, the whole commodities sector booms. And commodity stocks are unbelievably cheap for now. Just because an Indian young person cannot afford a house does not mean there aren't other areas in which to invest and make a lot of money. We Americans and Canadians don't know this because we are so accustomed to having every need provided and every need met by the government. To Indian young people, please become financially educated and don't "drink the Kool Aid" of government handouts as we Americans and Canadians have. Keep your personal survival skills!

[@gotislay]

India's real estate market is only 7% of gdp. One of the least in the world major economies. 15% of gdp will be ideal.

[@raghureddy3237]

Real estate has become a mafia in India, middle class is unable to afford houses with no support from government most of the people will be homeless while rick corrupt people enjoy excess profits without paying any taxes

[@ujwalashetty6942]

Yes, what you said is the reality.

[@varunk6633]

You said it. I know people having 100s of houses. Their sons are not going to any jobs, they have become mafia themselves.

[@sandeepkn863]

@@ujwalashetty6942 thats why it is called real estate... only imagination...sarcastic relality

[@amoghshanbhag8195]

Mafia means politicians, they invest their hard earned black money in projects and convert it in white that too with profits

[@nazneenarif3471]

Exactly, corruption on the rise

[@RuthBrownBerga32]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@user-yh1yu3ep7h13]

Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

[@AndrewWilliam-th1qx09]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@DemetraSandra19]

Please i need help, i have $1k saved in my account and i really wish to use it to invest on real estate but i don't know what to do....please i need opinion.

[@RuthBrownBerga32]

STEPHINE KOPP MEEKS is who i work with look her

[@AndrewWilliam-th1qx09]

Thanks for recommending i find her and left her message online

[@Just_Johnnie]

Real estate boom is not necessarily a good thing. It usually makes the housing less affordable.

[@MrSkohli]

Yes

[@user-ol1oz4rd8k]

100% correct. Real estate is not at all a good sign for the poor and middle class one. Nowadays only rich and above rich are investing in real estate. These media are taking money from real estate bafoons and spreading false information.

[@DaarShnik]

wait if people are building so many houses... Shouldn't it increase the supply of the houses... How does that make housing less affordable.... It depends on what sort of property you want to buy... You can even get 20-30 lac rupees flat in gurgaon as well... So I don't really agree with your logic...

[@Just_Johnnie]

@@DaarShnik just look at the real estate markets at the richer countries, like US, Britain, Canada, Australia, EU, and etc. Every one of them has booming real estate markets, and their housing markets become too expensive for average people.

[@Just_Johnnie]

@@DaarShnik The real estate investors trades houses between them. With each transaction, the prices of the houses get higher and higher. The regular sellers see the increased house prices, so they price their houses higher, too. How are normal buyers going to be able to afford houses?

[@divyavenkatesh9072]

The real estate boom we see now is primarily being driven by NRIs..for it's rental/resale value. I have cousins settled abroad who own 2-3 apartments each in India in prime locations and rented it out..one of the first investments for NRIs is real estate in India...It is becoming increasingly difficult for the middle class Indian to afford a 2BHK in metro cities..please don't say that middle class are driving the boom...how many middle class Indians are able to afford a 2bhk for 80 lacs, which is the price in an average Chennai suburb Nowadays the trend has shifted to buying of land The real estate market is in the hands of politicians, NRIs and few wealthy Indians today...out of reach of middle class...the government has to do something to stop this

[@lingeshk463]

@divya don't wary NRI pouring dollars India is good for us because let me tell you. How far the NRI can by properties? What ever they NRI by it needs yo used by local people only. So when local people can't afford those land theirs cost of property also reduces and its loss for NRIs only. Nothing loss for Indians who stay local. But now this market looks pricey for our generation. Look at China and same fate happens in India too in real estate sector. Real estate is rotating wheel once its go up then its need to come down and longer its stays up the deeper it falls . Its just my prediction.

[@krantikoganti]

Partially true but people also selling agricultural lands and houses in villages and towns and investing as well .

[@allcatall3931]

the fact housing is 'business' doesn't seem to concern many. profit motif leads to non-stop incentive to build more, at it (such as, mining expansion in amazonas, by the 'portugeese' regime, there)..

[@gaurav66772]

Even NRI’s are not able to afford nowadays. Have you seen the price of flats in Bangalore, it’s more than 1cr for 2bhk

[@ektabedi6233]

You made a very relevant point it's out of reach for a middle class

[@vanshajnanda8489]

I don't know how well researched and real is this report. The reality is completely different, these are not the common people buying 5+cr flats , these are the big players buying.

[@shikhasinha8143]

You are right But aas paas k price non luxury ho k bhi thode hi kam hote hain. I am into real estate, can't see me buying any flat in near future.

[@SaurabhSingh-od9dg]

Correct... their data set is very small... they overlook the lower middle classes.... That is what actually the Govt wants... Make it look Shiny .. Whether it is or not

[@user-ub8qt3od9m]

Exit Gurgaon plot and switch to Jind hsvp sector 8 rate around 70000/gaj good locations great appreciation expected

[@factsunloaded4808]

5 cr in bank will give u 1 lakh per month as interest...it will just like a monthly salary...why investing 🎉

[@SM-un4ho]

If real estate goes above 15% of GDP, then the bubble will burst some day in the future.

[@hennagaijin7856]

Well, of course! Everything goes boom and bust. While there is a shortage of houses in a market, the economy booms. As soon as the inflection point (of supply meeting demand) gets exceeded and there becomes an oversupply of houses, it's time to get ready for a big economic downturn.

[@SM-un4ho]

@@hennagaijin7856 Agreed, India can ride this for another 15-20 years and then it needs to bring it down under 10%. China's real estate was 30% of its GDP and now its busted with bankrupticies among developers and now hurting the economy badly and might not recover for it for another 10 years. India should learn from this.

[@MCBC_5]

Yes that is a market reality you are not stating something the World hasnt experienced dude

[@christianoronaldo2189]

Us housing market is crushing now

[@mohit0901]

For Gurgaon: 1.5 Cr is 1500sq.ft 2 BHK in upcoming areas. Decent 3+ BHK (2100 sq ft) in new launch is 5 Cr+. Central areas, it is costlier. 37% is out-of-pocket including govt. charges (non financeable). 1 recession and this will all come down crashing.

[@UTKARSHARJUN]

There should be a reason for the recession , it's looking good for the next couple of years as the interest rates will come down

[@mohit0901]

@@UTKARSHARJUN correct

[@spikespicegel5572]

Go India. More powers to you from the Phil 🇵🇭🇮🇳 I wish India/Bharat will be wealthier than China and become a superpower again someday just like in the ancient times.

[@therakeshkumarrathore]

Youth are very hardworking dude in india They study hard till age of 30 where success probability is only 0.1% Then suppose these youth if gets right opportunity what they can do with this.

[@Indian_SunnyBoy]

China is very hard working and disciplined… their ruthless leaders have done China #1

[@DaarShnik]

@@Indian_SunnyBoy China is ahead of India because India is a democracy with 1000+ parties... While china can impliment 1 child policy india can't impliment farmer laws and CAA... So India can never ever ever compete with china. Not today not tomorrow. But yes we are growing and that's a good thing. But we will never be able to defeat china. China can do miracles. I wish we were not enimies. But it's not reality.

[@Krlmax]

​@@DaarShnik my friend ,let's hope India proves u wrong

[@DaarShnik]

@@KrlmaxTrust me I would be very happy if that happens... But I don't really believe it's possible. China is a nation. one language one region, one education, and one country. India has too many factions within itself. We can't agree on basic river water disputes... We will never be able to compete with China without some heavy heavy LUCK. we will barely be fortunate to survive a war against china...

[@shivverizon6820]

Without a doubt, this video is a real estate sponsored production. Finally Firstpost is no exception.

[@shaileshmaurya3173]

It shows reality, can't digest good development..😂

[@Vaibhav-um3jx]

The higher year over year percentage in 2023 is due to 2022 numbers being poor..

[@calmvalley194]

No need to sponsor, middleclass growth in India is faster than the speed of light.

[@shivaji3165]

@@calmvalley194 Hello Sir I am Ravi from Jaipur, I am a Student and also a Software Engineer. I do web development, SEO, and Instagram Ads, Facebook Ads, Google Ads, LinkedIn ads, and Digital marketing. So if you want to manage your Real Estate business online and Digital Marketing, then connect with me at 7737214408.

[@user-qj3je2ld3l]

all her videos are sponsored, shittin on China where all big hedge funds are now pillin on BABA and JD. but yeah India is the future LOL

[@samahirrao]

China is suffering because of Real estate sector. US 2008 recession was due to real estate sector, Collapse of Turkish Lira is caused by this real estate sector, Japan's lost decades of deflection happened after Plaza acccords which were caused by real estate prices surging.... In other words this is the industry that kills every nation through debt, and now its India's turn.

[@maxwolf8055]

😂 India 🇮🇳 real estate collapse will be mother of all collapses .... Forget China , USA, Japan, ... 😂

[@TheAryanKnight]

because it will all collaspe on your mother 🍑 😂😂@@maxwolf8055

[@jeyram1872]

As log as there is yearning for learning exist in younger generation, there will always a boom

[@user-er2rc8cm2h]

U r rite however i somehow feel like it might not be the same case with Bharat coz nature of Bharat's economy & character of Bharat's society is different compared to other countries afterall we're land of spirituality furthermore after the dedollarisation (since US is loosing credibility to hold on to reserve currency) when as many jobs r not available in the market eventually people would go to their native places to settle & try to do smtng on their own which obviously cannot generate the same pay scale as jobs since they can't afford to live in metro cities they'll move to towns & villages so when there's no demand itself for whom would the builders build houses for......

[@narenderrawal]

Everyone is in it because of greed. So far the collapse has been deferred and maintained. I have been hearing about collapse for a decade, never happened. Not sure what is going on.

[@dhirajgawande007]

My friends are buying apartments in Pune on 20-30 years of loan😂 They are so worried about the recession. The reason they are buying is because only then they will find a girl to marry. And what girls are doing? Spending money on travelling bcoz the guy they will marry is working his ass off to buy a home she will live.

[@TheChromelover]

Correct. My advice would be to not marry. Just have a live-in relationship setup. Or just visit prostitutes to fulfill your sexual needs. There is no use getting married. This is coming from a fellow Indian.

[@armineser2591]

Is this the reason birth rates in India are down to 2 children/ woman?

[@dhirajgawande007]

@@armineser2591 girls are taking long to marry. So there are complications in getting kids

[@LiberatedNotes]

Sounds like your friends problem. Most women are also in the workforce trying to make a living. Grow out of your bubble, every middle class person is struggling

[@dhirajgawande007]

@@LiberatedNotes am I in bubble or you need to get out of your house and see the real world

[@craerae]

Im from hyderabad, were a midde class family. we have couple of houses whose land value has increased significantly. Now we're still middle class bc our salary and inflation prices are high. So to people who are assuming that having 1 crore or 1 M dollars is rich? You're absolutely wrong. House is not for sale and new house would cost crores. So we're still middle class😂 just the numbers changed. We still can't afford anything luxurious and we dont live in posh locality.

[@amarnaamtohsunahoga]

Which area ? How many yards?what is your annual income? Because in Hyderabad people live like bhikari to save for daughters wedding Just want to understand after two houses and no emi and some parent’s inheritance why are you struggling

[@ashutosht10]

Sell those houses and live luxurious life for rest of life 🗿🗿

[@anshumansingh1844]

Absolutely… just numbers change. Situation remains same or worsen.

[@Atiq_s]

Slum dwellers in Mumbai are multi millionaires (INR)😂. Some slum homes can be worth 1cr. Obviously they can sell and shift to some remote towns with bigger homes but they just won't as the city is the source of income.

[@banditonehundred]

Very well put. Real estate is now a way to preserve wealth, not grow it. Only exceptions are the land mafia blessed by politicians. Your Hyderabad mafia are some of the best

[@kritarthjaiswal1793]

Why don't you make video on how people in India are corrupt and earn illegal money .... simple family can never afford these houses 😢😢

[@kamandalamjalam1541]

They dont. They want to paint India as Super Power House where as the fact is that no one including NRIs care about India on International map.

[@MCBC_5]

Spoken like a true loser leftist

[@pankjkumar2319]

Right😊😊

[@puvvadapurvaja7442]

It doesn't mean all people are corrupt, there are people who have new ideas, big businesses and so naturally more income, if u can attract more market u will b getting more money, after saving for 1 or 2 decades or generations u can afford that, there are people who wisely invented in older generation now their children are using that money

[@kritarthjaiswal1793]

@@puvvadapurvaja7442 completely agree but many earn illegal money also I am talking about those peoples

[@ausername8699]

Good job India! Just don't let your real estate market end up like China's.

[@kamandalamjalam1541]

China's economy is 19 Trillion USD and India's just around 3 Trillion. China's economy is 6 times bigger than India and most importantly Chines hold very crucial aspect of Global Economy which is nothing but Mass Production. India can never catch up with China. Its just a fake show by BJP led media houses and stupid minded people like Phalki Fake Sharma to illustrate India as Power house of the World where as the real fact is no one, including NRIs care about India.

[@anhardeenmohamed1861]

Real estate industry is not regulated in india unlike western or developed countries . Most criminals are engaged in this sector as a broker or developer due to Govt ‘S lack of regulation.The developers do not construct quality homes or commercial buildings.

[@SPGNIA]

100% true. No govt will regularise this . Its money making industeies for all parties 90% of politicians , govt officials have invested. Its all black money .

[@kaivalyasathe6159]

It is regulated. Read about RERA act

[@veryCreativeName0001-zv1ir]

@@kaivalyasathe6159 only for name.

[@shaileshmaurya3173]

​@@SPGNIAit's BJP government not congress 😂..india is changing, update your thinking too..😂.jealous lol.

[@suhasdhamorikar5890]

Quality developer Godrej,Tatas, Mahindra, Hiranandani and many more are there in business from decades

[@jovanboles4584]

Hunger is not a sign that it is God who is dealing with you. Scripture also said " a little sleep, a little slumber, a little folding of the arms so shall poverty come upon you like a Bandit. That is why we need knowledge of saving and investment. It is advisable not to eat our tomorrow and the future of our children today...God bless you Mrs Nancy.

[@atolas11knadil76]

Invest with what you can afford, stay in the game, persist and eventually you will reach a satisfying level of proficiency, Mrs Nancy told me that..

[@gamefreak6861]

Am glad we all know her & what she has achieved so far, just that We humans are ignorant of profitability in digital investments and that has been the major issues limiting our growth..

[@isaiasvasconcelos5764]

Absolutely, though My family started with as low as $15000 actually because it was our first time and it was successful, she's a great personality in the state.

[@ruinkk9098]

I would really appreciate your helps on her contact details, few of my friends have given lots of recommendations towards her, please🙏..

[@swenhofmann5262]

美国十𝟏𝟐𝟓𝟐𝟓𝟑𝟎𝟖𝟕𝟐𝟖👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻♥️♥️ 人人人人" copy "it this way, "KZbin is frustrating

[@lovishgoyal2814]

Farmers are moving towards IT sector and businessman moving towards farming sector… Sad truth of urbanisation … These media houses run by big corporates … So they will never let the sad news come out

[@adityamodi8922]

Ncr and bengaluru these two went crazy. Basically 2x in last 3 years. Ncr specially lot of black money is there. 7 cr appartment service class cannot afford, it basically translates to 4 lakh emi means your post tax income should be around 1 cr. Hardly any jobs pay so much.

[@rishabh798]

There is boom in Mumbai as well a lot of buildings over 50 floors coming up

[@sanjlutchman7433]

As usual, excellent show. Government: Grow the real estate market as fast as possible. People need modern accommodations with all the facilities. Modernize, modernize modernize.

[@kamandalamjalam1541]

And leave 95% of the rest in utter most disgusting property

[@Sameer_S_Kulkarni]

​@@kamandalamjalam1541 😮

[@sarangkale1369]

Unsold inventory is increasing. 30% of luxury flats in Hyderabad are unsold.

[@contacttoakhil]

Hyd is living in a dream world 😂. More and more density and more and more expensive the house 🤣.

[@shrihara]

Primary house for a family should be provided with a fixed low tax. Secondary house onwards should be taxed a 1% of market price per year + Rs. 10 per square feet as property tax. Third house should be taxed at 2% of market price per year + Rs 20 per sq feet per year and so on. This will prevent in rich buying more houses and dumping their illegal black money in real estate market making it unaffordable for majority Indians who are lower middle class.

[@kondareddy-oc3in]

Who will make the rule?

[@shrihara]

@@kondareddy-oc3in none of the current politician parties will do that i know

[@TheAryanKnight]

and Khangress will take a higher tax and give you 200 rs daru. @@shrihara Librandus never miss the opportunity to put it on the current government even though they have someone who ruled 70 years to place. they never thought to change it. Why would BJP lol

[@witty_kitty]

@@TheAryanKnight he said current politician parties (plural) moron maybe learn to read and write before trying to lecture other online 🤡

[@witty_kitty]

Yes Australia's been doing this since years having to pay no/low tax on first/main house and instead taxing foreign and domestic investment properties a lot more.

[@dagoverstreet8865]

Awesome God bless India.

[@virajjoglekar4337]

As she mentioned correctly, in Pune the growth is crazy !! Any highway you drive along in Pune, there are 20-25 storied high buildings getting built . Porsches, G wagons now literally going past my street almost everyday. The BMWs, Mercs, Audis are like crazy high in numbers !! The fancy French, Italian Restaurants full . Louis Vuitton stores in the mall with customers spending well above 7-8k rupees. Just a fantasy coming true. But all of this while still having bad city roads and lack of basic ammenities like Footpaths, proper garbage collection and management. Utter Disappointment even after developing leaps forth. One good thing that Local Govt. did was getting the Metro to Pune. Atleast now everybody can get to their destination sustainably and without any hassle.

[@dhirajgawande007]

Kuch zyada overhype nahi kar dia tumne?😂

[@harjeetsinghbrar6987]

​@@dhirajgawande007 Ever been to Pune?

[@chinmaynaik6642]

You forgot to mention about crime in pune. Too many cases in last 5 years. Use of explosive to loot ATM, gangster firing on a police officer, group of people killing 1man using weapons in broad daylight. My perception about pune has completely changed in last 5 years.

[@ashutosht10]

Agree property prices have escalated like anything due to this. Avg 3bhk now costs above 1-1.3 CR in above avg locality which used to cost way less a few years back. Everyone is rushing to buy their house.

[@dhirajgawande007]

@@harjeetsinghbrar6987wym Ever been? I live in Pune😂 I agree to everything except the porches and Louis Vuitton 😂 that was way too much

[@DeepeshDeomurari]

Real estate grown at 5.8% CAGR in last 10 years. Slowdown already hit tech sector. Yes manufacturing and business is thrilling but that will impact business cities like Mumbai and Delhi. Tech slowdown and layoff of lakhs will be clearly seen in Pune, Hyderabad and Bengaluru real estate. Yes flat sales were 2 Lakh+ in seven major cities. But this is still pent up demand post covid. People are not preferring real estate for investment because they knew 1 crore flats will not get sold in 2 crore easily! Home loan rates are still high and without interest rate decrease real estate will continue to have challenges. If black money is taken out of the system real estate will become affordable. Projection are not the reality. Even in 2010, agencies predicted that by 2020 real estate will grow in double digit CAGR. They are heavily influenced.

[@adityamodi2361]

gurugram/noida and bengaluru real estate is on fire. hyderabad is slowing down after the boom from 2016-2020. most top realty stocks like dlf, sobha, godrej are 2X in last one year.

[@TheAryanKnight]

lol its 25.9 percent a year jump in Chandigarh. Data available on 99acres

[@DeepeshDeomurari]

@@TheAryanKnight Chandigarh don't come into top 8 cities and its not pure tech city.

[@AK-oz4cw]

Pune sold most flats in 2023

[@sanjaygangwar2508]

It's Black money that is driving the Real Estate else the picture would have been different.

[@neham-pe8sf]

1113 flats sold in 72 hrs is a big joke because 1 year hard work is there to sell those thru EOI,channel partners, pre launch and lanuch events. Not simply by 72 hrs. That is how real estate co.goofing people by creating high demand.

[@Just1HotPringles]

Amazing report! So eloquent, crisp, to the point, clearly articulated & useful information presented in a well organized & thoughtful manner!

[@rameshkirpalani6932]

Thanks palki, not yet affordable for common man family 😢

[@gder_ramesh6293]

🤣 Better plan bnaoo top karo kon rok raha hai Emotional msg kuchh nhi hota

[@subhamsingh3097]

​@@gder_ramesh6293bhai har ek chij ko itne casually nahi lena chahiye , itna asan hota to sab kar lete

[@prasannafoods2736]

I understand but suburbs can help for sure.

[@StartupBillionairesNews]

​@@prasannafoods2736Govt support karoge tabi India Future me top Kraga

[@Rusher12353]

Build new suburbs urgently 😢

[@cass6885]

Wonderful news all around.Booming India.

[@sanketmahajan2548]

I think 1/3rd of the volume is by repeat buyers who either want to upgrade in the same city or buying for renting purpose. The thing to note here is, its gonna be hard for young families to buy a permanent place in these metropolises since price rises have made it unafforadble for most of us.

[@MCBC_5]

Welcome to capitalism dude that is the reality in the West too

[@Atiq_s]

Most youth from these cities already know this... They'll just figure out how to use an existing home of parents and upgrade to a better one and live with parents. It's the youth from rural India that have dreams of a tier 1 city and that's totally impossible for them unless they grow to a small slice of very rich people. This is not a gone case still as most cities even in cases like Mumbai have many sprawling townships about 10-20km from city limit where costs are still affordable say 30 lakh for 1 BHK and 50 lakh for 2 BHK. Amenities can be better and home sizes bigger. They just need to figure out traveling time to cities.

[@thebackbenchers]

The rates have to crash ...the properties rates are too high in India

[@clicktolearnmore43]

If the system favours you it's good , if it doesn't then its bad

[@mechanicalengineerturbo]

​@@clicktolearnmore43if the system starts crippling the common people, you get the French Revolution where the rich are guillotined, their women raped brutally in the streets by multiple men and their entire wealth seized. Don't make the middle class find naxalite ideology appealing, you don't wanna find out at the cost of your family.

[@prabhakermiriyala7822]

Thank you for a detailed information Keep up your good work 🙏🏼👍

[@TMP_19]

113 worth 7300 crore sold out in 72 hours, those who bought belong to the top 1% of India! That does not really reflect the true picture

[@biswajitpal4702]

Excellent analysis 👌 👏

[@amandeepgrewal986]

No it will slow down this year. Prices of residential and commercial property doubled in 2023 . The main reason is black money . For example in mohali Punjab a commercial showroom cost approx 10 cr . 2 cr white and 8 cr black . So one can have idea how much black money is adjusted in property . Ever since government curb on cash . People are shifting to property especially government officials and politicians.

[@tushararan9222]

Brilliant Research. Great Job 👏

[@Indian_Girl_Aarini_213]

I had a wonderful time watching your show. I am a proud Indian🇮🇳 and I really love ♥ and have a lot of respect for the incredible work of Palki's highly captivating & wonderful story regarding *How British looted 45 trillion from India* which unquestionably stands as a masterpiece of the highest quality. The content of the reporting is truly inspiring, and I thoroughly enjoyed watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has also delivered a remarkable report title संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produces wonderful, insightful and thought-provoking articles of the utmost caliber, and I sincerely hope they continue to produce such interesting exceptional work. Can it even get better than that? Thanks for providing us with the truth. It truly deserves an award.

[@PraneeI]

For those who havent read the Indian government's Commission's report on how 1.8 billion Indians were unalived by the British Here is a short summary.

[@PraneeI]

First, it was done over a very long period of 200+ years. Not all in one go. And it was the British policies and laws implemented that killed 1.8 billion Indians, not that they were executed.

[@PraneeI]

The two main policies that wiped out 1.8 billion Indians are: 1: Allocation of food: Since the British were at war all the time, they didn't have people to do the farming. They made India do agriculture and then take it away. causing a massive famine every week. 2: Plundering of India's natural resources The British forced Indians to mine all the natural minerals in their country and carry them to the ports to be shipped back to England every day. extremely dangerous jobs, and these poor Indians weren't fed, and hundreds of millions succumbed to the exhaustion. The whole of India was ruled by only a handful of Britishers. Why India chose to never fight back baffles many to this day. Maybe India is just obedient by nature.

[@PraneeI]

India holds the largest surrender record in world history with a billion of them surrendering to 300 British sailors for 211 years.

[@PraneeI]

Drawing upon my expertise in the behaviors and nesting habits of Indians, I can definitively state that Indians did not resist the invaders; instead, the invaders, including the British and various others, eventually withdrew when there is nothing left but a population of one billion Indians grappling with poverty and illiteracy-a challenging situation that nobody was eager to tackle.

[@shahzaadchacku]

My opinion is that prices will cap around 10cr for majority Lux real estate. My reason is that our govt allows us to avoid capital gains tax upto 10cr if we take the gains+principal and buy residential real-estate. Decent way to stay wealthy and get out of old investments. We can also take loan against property for various purposes afterwards

[@backpropagation8365]

Chennai and Kolkata are way behind the others. It is really NCR, Mumbai MR/Pune, Bengaluru, Hyderabad.

[@Life-yi7uf]

Forget home in big city. Most youths like me can't buy a 2-3 bhk home even small city.. forget buying can't even do down payment.. they ask 30-40 lakhs.. can't downpayment even 25% in 5 years earning also.. this boom is kinda of curse for us.. and there is a major section who earns less than us...

[@shankararanganathan7060]

The way its going in India, i feel only the rich and ultra rich can buy homes in India.. Govt is least bothered to save middle class..Not to mention the rules and regulations that are constantly bypassed by the builders and there is absolutely no regulation and governance in this direction!!.. Only the hype is good in real-estate that will favor the rich and ultra rich mindset

[@ksheshadri1167]

Good report! You should also have mentioned the role of black money in Indian real estate.

[@thebackbenchers]

The backmoney hoarders are influencing the properrt inflation.

[@ujwalashetty6942]

In India poor and lower middle class are battered, 60 percentage of wealth is with 5 percentage of Indians.

[@SPGNIA]

100% true. Today's news paper its published top rich people wealth has increased this year. We are bloody slogging to pay children school fees forget home

[@pritsingh9766]

I don't support congress but i think within next decade adani will buy the remaining 40% too 😂😂 .Due to these corrupt billionaires, people don't have jobs ,they import drone from IsreaI and put a label of made in India on it which addds no value or jobs to the economy 🤷🏻‍♂️

[@pritsingh9766]

I don't like hypo,crite Tata either but i think tata provides more jobs than Adani .

[@MCBC_5]

Same as in US or Kanada or the entire capitalist world , havent you seen this, but again if you wear blinkers you dont see this reality

[@Pawanyadav-hl9cn]

Tu bhi unicorn bana . Unicorn bana dushre paisa kyu chahiye tujhe. Unicorn wale tax de rhe h bas ab kya

[@deepjanideep]

Real-estate in India has became an bubble! Developers are hiking prices like anything even without demand in rise. Blackmoney mafia still purchasing real estate in cash making it tougher and tougher for middle class and even higher middle class. Still you need to pay at least 30% in cash to developers and owning small piece of land becoming impossible for middle class.

[@shanuali3361]

The Best Background & Setup

[@BrentRichards-vp1cg]

Palki Dharma and her team are above criticism

[@TommyAtkins-bd5ky]

grow up

[@internalconflict-oo3yz]

No one should be above criticism buddy

[@rohitthemultitasker2188]

Palki Sharma, one of the greatest journalists i have ever seen... Excellent presentation 👍👍👍

[@9876karthi]

Without a proper urban planning...all this shining, growing, boom blah blah is worth nothing. Urban planning is a joke if you need a reminder...

[@rishabh798]

Many cities in India are planned urbanly so don’t blabber if you know nothing

[@9876karthi]

@@rishabh798 lol show me one city in India has a good drainage during rain season. Don't beat your nationalism...accept the flaws instead and address the issue.

[@rishabh798]

@@9876karthi indore and naya raipur

[@robinmcunknown1025]

Thanks for sharing that public housing projects are different from private housing

[@CoolGirl007]

Looking good nice houses

[@Peerni215]

Sharma ji. So much respect and shabash from Delaware USA

[@Girugi981]

happy to hearing that our real estate sector is growing. but price of house are goen up by 5% - 6% annually. mostly developers are focusing luxury and altra luxury projects, because of this as stated accessibility towards affordable housing gown down. apart from above issues main think is that whether parallel infrastructure is built by governments or respective authorities like water supply, roads, dam, fire brigard, or proper town management had taken place. development are happening randomly. government need to think on this issue. and even house buyer also need to thing before purchasing house whether other infrastructure are available or not.

[@softbytesunlimited]

Please feature the Scamming syndicates that destroys the reputation of India 🇮🇳

[@keniljasoliya962]

good research

[@rebelme6564]

"The drowning noise of construction is deafening but it is also defining every Indian Major City." What an expression. It defines what Palki is. My best wishes to you.

[@devanmoodley1246]

Very impressive indeed.

[@DevDgiri]

Congratulations to you and your team how they choose topic and research you guys done

[@venkatt780]

The high cost of flats suggests a substantial profit for builders, with a notable 200% markup on flat sales. Gated communities, crowded on limited lands, require government scrutiny to safeguard their future with fsi regulations to prevent potential hardships.

[@real3020]

Real estate boom, Employees doomed.😊

[@smartbrains7242]

It create huge no jobs n give business to ancillary units.

[@smartbrains7242]

It create huge no jobs n give business to ancillary units.

[@karunakarang5545]

Come and see in Chennai ..There are lot of apartments are still not sold...Real estate boom is bull shit ..in upcoming years ... Best we can invest in gold , shares ,SIP and Othwr liquidity

[@pradeepkanumuri3708]

We cam get independent home in chennai. But unaffordable in Hyderabad and Bangalore

[@rishabh798]

@@pradeepkanumuri3708in Hyderabad and Bangalore the real estate is on a surge I tell you so many buildings above 45 floors

[@anjelimelwaney1454]

I feel like india’s real estate is quite overpriced and overvalued in compared to the rest of the world. Also in juxtaposition with people’s income. I don’t think the prices are fair. Thoughts?

[@VinitTibrewal]

True, there should be an NRI tax when an NRI buys a home in India.. they buy for investment and jack up the prices.. it’s not fair for the locals in India..

[@gihanzohdy3284]

Thank you for sharing positive news Palki!

[@chirlasureshreddy]

Well said

[@anujjaiswal7640]

Great 👍

[@jacobtheguitarman7584]

an excellent prompt reader Palki Sharma

[@svatn255]

Well and definitely positive approach with supporting figures…. Still booming sector, all because inflating pockets affecting typical Indian mindset. Do emphasis on the long term effects on our mother nature …. Awaiting for new subjects..

[@ThinAirElon]

Q for you Palki, Does Indian builders take all precautions ? like earth quakes? habit is to cry after any incident... prevention is better than after cry

[@rishabh798]

Yes they are they have a backup plan

[@maxwolf8055]

​@@rishabh798The backup plan means that each buyer receives a certificate to burn the body free of charge in a crematorium if the building collapses.😂

[@aryaganguli9540]

very well stated.😊

[@michellek4660]

You reported a few days ago that 65% of India’s youth is unemployed.Young people are who typically buy housing, and start having children. What industries are providing these incomes for those buying up real estate?

[@froodtube]

Seen this before. Next up, people see their home values skyrocketing. Take a loan against the rising value of your home because hey, free money! Use that money to buy things giving the perception the economy is booming- driving prices even higher. As the cost of housing soars out of reach, provide government programs to help people buy homes, causing prices to soar even more. Repeat a few times until the reality sets in the boom is self-driven and not (purely) as a result of production and wages. Housing slows down. Prices start to come down. People can't afford to pay the debts they took against their homes. As the cracks in the dam mount, allow financial markets to buy and sell these 'toxic loans' At first, people will make a ton of money on these securities, prompting them to sell like wildfire, again making another 'fake boom' that exacerbates the problem. The first time buyers who bought a ton of homes on these government loans, now see the value of their homes drop and walk away from their loans. Why pay $450,000 over 40 years for a home that is now selling for $350,000. At first only a few walk away, but it causes a housing glut and prices drop further, causing more to walk away. The toxic asset securities are now worthless and the banking system needs a bailout or it will collapse, which will be an even bigger problem- forcing the government to bail out the banks. Been there, done that. Manage this one carefully India 😉

[@user-rb8zw2qy6j]

Damn.... That was some hard truth.... Reminds me of 2008 crisis

[@NitishYadav-lb7zc]

Valuable ❤

[@shaileshnavale1819]

This is real journalism

[@Mishtiman]

Grt going!!!

[@pijushkumarroy4912]

excellent!

[@divyachauhan3478]

Gurgoan is really becoming too much costly like mumbai suddenly & less affordable to get a good & safe house. It is very sad😔

[@RishiMukherjeeGeek]

I bought my flat in Bangalore in 2015. I graduated in 2014. So happy with the increasing prices! Price of the flat is 3x now. Good for me. :D

[@manjotkhangura6213]

You still afford the same not the bigger one, just numbers changed

[@RishiMukherjeeGeek]

@@manjotkhangura6213 it was for investment and not for living! So it’s kinda good!!

[@Ginu6876]

Try to sell , you will know the reality

[@manjotkhangura6213]

@@RishiMukherjeeGeek oh okay

[@baratbushan8230]

Nice Analysis

[@shridharbendi9087]

Excellent Video 👌

[@tariqramadan1521]

When prices of property goes up it leads to doom

[@muruchandran6701]

Real estate booms are going in cycles. Now demands in India and might go down faster during the economic crisis time

[@Cherry_Pepper]

But what about the thousands of slums all across india? Mumbai has over 2400 of them.

[@rishab9082]

We had a similar surge 8 years back and then a flat line now again but at same time if there will be rapid development, we may reach a situation like China unsold units exceed the demand and turned into ghost townships

[@bhanu_chintha]

Sold is ok.. but, how many are occupied..

[@ruchika1002]

Recently we have purchased to land & were surprised to know the affordability even if u have combined income of 50 lacs INR in India. Major factors are Infusion of black money in real estate No regulations in the market Why would on earth middle class people will convert hard earned white money into black money ? Government is least concerned about this

[@rakeshkamblerealtorinpune5498]

Nice information

[@mohit0901]

Some calculations: Assume Cost 3 Cr (trust me, I am taking lower side on new launch flats). Out-of-pocket pay = 1.21 Cr (registry @ 7% + self-finance). Loan 2Cr @ 8.5% @ 30yrs, emi ~ 1.5 lac/month. Additional costing like maintenance, etc bring required monthly income at 2.5-3 lacs for decent living (post taxes). Salaried person might find it a bit difficult to buy these.

[@ashutosht10]

And how many do you think earn in hand take home salary of 2.5+ lakhs per month lol. Buyers like these are generally not salaried class.

[@armineser2591]

I assume his last sentence was ironic.​@@ashutosht10

[@adityakumarsingh9930]

Good

[@jeyram1872]

Excellent video, thank you for firing up my brain

[@satyamlodhi238]

Mam i like your reporting❤❤❤

[@adityakumarsingh9930]

Nice

[@madhuri4355]

there r now many realtors in Mumbai giving away free EMIs of 2yrs to buyers who buy flats in their proposed projects. it seems kinda real estate boom with attractive offers for affordable homes as well.

[@hiteshrisagvekar3629]

Maam u can also talk about slums in Mumbai. Apart from dharavi …..south Mumbai has poor slums …. Like near babulnath temple ……. Ppl livinh in poor conditions!!!! These r ppl suffering without proper sanitation!! No progress in living conditions! The government told them their places will be redeveloped….. however nothing happened!!! Pls talk about this

[@user-cl1hd8zj7q]

Best story teller

[@moonlight_1041]

I think it's a lie because in Kerala while I was trying to sell a property, it's very difficult to sell.. then on what sense does real estate is very demanding in India?

[@smiledrahul]

No one will buy in kerela anyway. No jobs until cpm govt.

[@user-wl6ib3lb3w]

Don’t you get it? Its a sponsored video by developers. To create hype and sore prices

[@KizashiClaymore]

Rents also have gone up. 2,3 Bhk rents 45k, 60k respectively what will younger earning class people do. Govt needs to intervene and regulate. This is really bad

[@armineser2591]

Because regulation worked so well the last 75 years? Can a farmer build flats on his land? The problem is not lack of regulation, but regulation. Real estate markets are not a consequence of offer and demand. They are a planned economy.

[@anshu8111]

One of those rare occasions, you are missing out on important points. Delhi NCR properties almost doubled in last one year. Government also channelised the money as elections were nearing. Only those with properties earlier are getting rich and happy. Lower middle class with 15-40 thousand salaries (most of whom are migrant workers in big cities), suddenly find themselves nowhere as their income has not doubled. Rich getting richer and poor getting poorer. One of blunders of the government...as inflationary and other negative pressures would start building soon. A correction is required

[@nidhinkn5980]

Here in Kerala construction work is not more every one goes to another place for work.😄

[@SoorajSuseelan10001]

Nice for us. We have a beautiful paradise without chaos like in cities... Big plot of land and a good traditional Kerala style Nalukettu Villa. I'm going to build my dream in 3 years 😇

[@nidhinkn5980]

@@SoorajSuseelan10001 🤣