Beware of Building industry during Corona crisis, Don't book flats or you will lose money 

I have been hearing for 20 years that residential prices in Mumbai will fall but is not happening. Better buy when you can.

Sab milke Todo bhaav kyuki ye builders ko bohot charbi Chad rahi hai Jo overpriced flats bech rahe hai.

You are right 50-70% drop aayega. 20 saal laga hai bhav 5 guna hone me 1-2 saal toh lagega hi. Stock market 40% down hoke upar aaya sirf 1 mahine me aur woh 40% was 5yrs gain.

Perfect analysis Mr. Krish ....It is tough time for humanity. As you said tomorrow is very uncertain.

Real estate market is controlled by banks more they lend price will go up and less lending will bring the price to its real value.

रियल एस्टेट सेक्टर में लोगो को जागरूक करने के लिए आपका बहुत-बहुत शुक्रिया । आपके द्वारा दी गई जानकारी बहुत महत्वपूर्ण है ।

Krishnaraj is a good forecasting about building construction industry, Don't be in hurry to buy new construction flats, shop, or offices, Economics is in bed shapes ,only rental is good for you. Don't be in hesitate to buy, wait till situation gets ease.

But sorry to say in Hyderabad property prices haven't decreased. Any panic seller also reduces minor 10% only

Buyers should go for resale buy in regd society, for 100 per cent safety of your money. Never go for under construction project. Most of the builders r in financial distress, which they always try to hide and when customer enquire, they will say only 4-5 flats r left rest all sold out whereas the truth will b he is trying to sell units which have all negatives. Transparency is the biggest casuality among even among reputed builders. Now a days builders have overtaken ISRO in space research as to how to inflate the flat area. Bed rooms r compressed like match box size and the loading between super built up to carpet goes upto 45-55 percent. Now a days floor rise has gone out of fashion with many builders and r willing to absorb stamp duty. This is after cartelisation and price rigging holding back rigged up prices for close to 10 years, with many builders going bankrupt and many developers committing suicide.

Please post one in English too. So that It will reach to all..

Work from home has broken property market in Gurugram badly.People are also buying from online rather than shopping mall, so commercial space has fallen even more.

Simple hai yaar! Yeh logo ne bohut paise dale hai building banane mein! Inko barbaad karna hai toh simple don't buy! Ruin these builders. The only power we have is our Purchasing power! That's how we punish them! Jitna Mehenga! Utna stay away!

Good video in public interest.

Very timely and apt description, i will not say economic but will say monetary scenario. The biggest mistake what the public at large has done and particularly NRI is that they have given real estate a status of investment. Now people must force builder to sale their finished product. Further politicians and without exception of single Goverment have used Banks. Now banks will be the worst hit sector. And the main reason will be that entire old generation of bankers will be out due to retirement and with them will go the integrity and honesty. The people who had the courage to say NO to their bosses. Lot of political interferences in banks. Till now people used to keep their savings and money with bank and bankers were professionally managing their money. Now with Modi regime in particular he is coming with the law that people will have to be ready to loose their money if banks does not perform. (Ideally it would have been better to leave the Banks to do their business and ask them to spent their profits for social obligations. In fact they are eroding the capital of banks) He very silently forcing the people to invest in share bazar giving away to the sharks to loot without paying any interest. People will have to be very vigilant and should start taking interest in politics and observe closely what laws are passed by the government. Middle income group will be the worst hit class. In to days politico- eco scenario I remember Nani Pallkhiwala who used to analyse the law and economy without any bias and people used to have faith in such people. Analysis do come but with a hidden agenda.

SUPERB ANALYSIS KRISH👍

Builders lobby runs our MH govt we all locals know it ...Even in tier 3, tier 2 cities

Sir plz be safe.. God bless u

Empty out your bank accounts the max you can. Banks themselves are facing existential crisis. NPAs are going to go through the roof. Many will fall.

Amazing Krish ... U r awesome ... Wisdom Words. !!!

Thank you Sir for this video. I was also planning for new house . Once again thank u so much Sir. AND all ur videos are best information and truth...

Very good information thank you sir ji

Very practical explanation 👌

Thanks for the information

Sir, Post corona prices of real estate went rocketing high... So what we want to do now? Still needs to wait?????

Thanks sir. Actually I was actively considering “buying” a flat even in these testing times but listening to u have changed my mind... thanks once again sir... am grateful to u.. Everything must go as they say.. come hell or high water, the inventories have to be sold, even if it means taking a cut in profits, revenues etc.. it’s natural to expect that the builder also is in doldrums because he too has invested huge money and he also will be @ a loss if no one comes forward and loosens their purse, isn’t it?.

Very good video.. You are doing a great service.. 🙏🙏

Dear sir you are right💯💯💯

Thankyou Sir🙏

Good Analysis Krish.

why govt doesn't make sales of flats online only ? with price and rates mentioned clearly online ? payments also online.

wait, wait, wait, wait, wait, wait is what you will keep on listening from builders watchman. once trapped in ["such trap"] don't depend on family, family members, politicians, police, lawyer, judiciary. Instead buy second hand house check property papers as well.

What action to be taken against the developer or builder who refused to to return TOKEN money?

Mr Rao, how safe is it if a builder is offering ready-to-move in flat in his new ready project where a lot of people have moved in i.e. one will be buying straight from the builder and not in a resale market from some other buyer?

The rates were & are highly unaffordable & unjustifiable. There is no demand & it's in customers hand to further pull it down by waiting for some more time.

Aap ka bahot shokriya

Really true word sir!!!!

Buy only when the OC is given to project or buy ready to move flats..

Always buy ready possession flat/property.This is true that in future more than 50% decrease in most of flats/plot's price.Many builders are fraud.Always rely on written documents.Ek famous Lawyer ne mujhe ek baar bola tha ki at least 1000 haraami marte hai,tab ek builder paida hota hai.Ab builders ki ulti ginti shuru.

Thank you sir 🙏 God bless you 🙏🏻

GOD BLESS U SIR

Sir plz take care

कृष्णराज राव आपने तो मेरे मन की बात की, मैं तो पहलेसे बता रहाहू की मुंबई मे रिअल इस्टेट का भाव आस मान तक पहुच गया है. जो की पुरे वर्ल्ड मे मुंबई भाव per capital income के हीसाब से सबसे हाय हैं. आप अमेरिका जैसे देश मे midal class फॅमिली ५००sq.feet. का जगह आराम से खरेदी कर सकता, मगर मुंबई मे one लाख महिना salary वाला फ्लॅट खरेदी नहीं कर शकता. क्यू की पगार के हीसब से रिअल इस्टेट price so high. याने की५० percent भाव उतरणा जरुरी है. नहीं तो फ्लॅट ऐसे ही पडे रहेंगे तो बिल्डर भी बँक corrupat हो जायेंगे औं र बँक का भी दिवाला निकलेगा. सरकार इस बारेमे कुछ नहीं करता. रेरा कायदा निकाल, मगर अमल बजावणी कहा करती. सब अधिकारी पैसे खाणे लगे रह हैं. उन्हे पब्लिक की कोही पडी नहीं हैं. एस्लिये मोदी ने रिअल इस्टेट मे जरा ध्यान देना चाहिए, नहीं तो पुरा इकॉनॉमी को हाथ धो बैठोंगे.

True

Yes, this is the topic i look for😎

Thank you sir

Very nice information sir.

Lot of frauds in construction industry in Mumbai, The agreement made with buyer is not favourable of buyers or purchasers, so don't by in haste, carpet area should be cross check by certified Engineer or Architect.No booms in construction industry.

So according to you don’t buy any property in mumbai since prices are down

Sir please suggest on how we can avoid or minimize 2% brokerage to agents.its too much to pay.

Hello Sir, Can you please suggest whether to buy godrej hillside property in Pune ..If we get 10:90 scheme .. please reply.

Sir, kuch good builders and projects ka naam dijiye Kolkata mei please

Sir what is your opinion regarding properties in tier 2/3 cities like Bharuch?

Thank you so .much

True.

Please talk about Nirmal Life style amezon kalyan project Big scam by jain brothers.

A Budget flat's costing 40L+. Imagine people are ending up paying 15L/Room. This is absolute LOOT. Fool's are still buying.

What abt buying plots? Is the situation same as flats?

Can I buy in resale from flat owner

But steel sand cement cost increased this year

Sir will flat rate reduce again market.

Union ? who will make it ? association ? Nobody has any clue. Sab bhagwan bharose.

One survey showed that 30 crore people will run out of savings by the end of this month. Provident funds are being encashed at a lightning speed. COmplete meltdown is coming. Even banks have stopped disbursing EMIs until proof of job and salary is resubmitted. lot of chaos is coming.

Can you let me know about mumbai borvili west side

builders ki to aches lagni chahiye waise bhi bohot luta hain logo ko unho ne

scary😔

🙏🏻🙏🏻

Sir main jopda le lunga. Flate main problem hai

All your forecasts have gone north urban naxal

Public come out from there homes , kick all politicians and builders , they using there power what u seen they doing with r tv and ssr case .

Sir how can flat rates drop 80% if the ready reconer rates remain the same ? One cannot sell below ready reconer price.

Deposits kam hoke ya nikal k kidhar jayega??? Bank me hi naa 😂😂😂... Highest disbursement in history of home finance.. your mythological economy 😀😀😀😀 😂😂😂😂 Did you check the nos of flats booked in pune in last quarter of 2020?? Maximum in history 😂😂😂 Nifty all time high 😎😎😎 GST collection highest in December 2020

Those who can take risk, this is the best time. Possession may be delayed but invest in good projects.

Hi I've booked a under construction flat in Pune in Nov 2019 and possession is in Dec 2022(Rera March 2023). I've a flat registry Xerox copy as well. What would you suggest me to do?

Very wrong info

loot maar chalu hain market mein

Market will fall due to 2nd wave. ? ??

Now I dont beleive you.......

Workers in real estate have all fled to their native places. The fall will be drastic. It will fall by atleast 50% … But I think even 50% discount wont sell. Entire civilisation as we know it is staring down a hole. A dark hole. If entire society breaks down, whats the point of investing , buying and opening businesses ? as poor start depleting their savings, there will be a revolution. India will come on the streets.

Dislikes karnewale dalle he 😁😂😂

Sir please make video on how to negotiate for low budget flat under 30L

Sir y r u so nigavite

How you are still alive ??

English oo a rara 😂😂

Thank you sir

🙏🏻🙏🏻