Kudos RBI / Goodbye congress

The RBI has done it again! Repo rate & CRR get adjusted once again, even as the two economists , viz. Santa Singh and P. Idli Dosa Sambaram pave a way for a great Indian slowdown.

Welcome to earth guys! Uttar Pradesh will soon be lost, Goa and other states in-line to go for polls will follow. Unfortunately this means the horizon is painted saffron!

Worst news would be the two digit growth figures that China/Korea/Asean or even a pity Bangladesh are likely to return this year...the famed FIIs (minus the mafia ofcourse) will exit the Indian markets leaving a gaping hole to suck out all the hot gas from the Real Estate and the Economy overall.

Update: UP is indeed lost, it's BSP (former BJP ally) that's swept polls. Congress, SP even BJP have one honourable democratic function in UP, to form and be part of the opposition.

Price discovery tactics of Real Estate Sharks

Have a look at the below, you'd find a tactic being increasingly used by Real Estate Brokers, to discover the "fair" price of property in the absence of complete lack of economics.

The tactics are fairly simple, place multiple ads on such online sites and judge the right amount buyers are willing to part with by finding out which listing got more eyeballs.

Good luck guys, you are entering full speed into a disaster! The falls' gonna be harder with each speculative rupee being added to every property!