Prakat Posted April 8 Author Posted April 8 1 hour ago, crictime said: Would like to know if the prices of real estate in Goa appreciate more per square feet as compared to that in Bombay. Do you keep an eye on real estate prices in Bombay. Prices in real estate have not seen a massive rally imo as it once did two decades back. Obviously those kind of steep rises won't happen every 10 - 20 years, but how far do you see the next massive surge happening in a broad based real estate market. Is it worth adding more floor space when the property market is range bound? Are you looking at commercial units in BKC?
crictime Posted April 8 Posted April 8 (edited) 1 hour ago, Prakat said: Goa market has for long been ruined by speculators from Bangalore and Delhi. I'd stay away unless there is at least a bit of an emotional angle to the buy in. One of my wife's friend's dream is to buy a long stretch of beach with a villa, build a runway and wait for her pilot. Bombay is where we track movements on an annual basis. I've made, inherited and married into a bunch of sweet positions in the Bandra-Andheri stretch. If something interesting shows up we consider it. But, it's not really of any high interest due to our existing book. At this point, real estate is more of a custodial duty and a responsibility than an investment. I know one who has invested in Goa , a sea side property, and they hardly even go there once a year. Surplus money to invest find its way in what one feels is a dream location on their rare visit to goa. Would like to differ though. Property prices appreciate enough and is the best investment (safest, guranteed returns, decent returns month on month and in a major sum if sold). The only thing is, it is illiquid and may take few months to get sold. A separate thread on real estate would be good than to mess up this thread. Edited April 8 by crictime
crictime Posted April 8 Posted April 8 1 hour ago, Prakat said: Are you looking at commercial units in BKC? Not at BKC, the prices are too high there and I would need to sell couple of properties to get one commerical property there. So, no chance. Elsewhere, at places where the property value is relatively less (I say less because there is nothing cheap here) , it does makes sense (a lot of sense) to sell something and get a commerical space of lesser square feet though. But I think we are digressing form topic of the thread. So coming back on track i.e the thread, it is good to see that both aprties pushed the pause button, even so temporarily, it augurs well frr everyone. One of the better days in 2026. Prakat 1
bsriharsha Posted April 8 Posted April 8 I would look at Hyderabad as a better investment Anyway , this needs to be a separate thread
Prakat Posted April 8 Author Posted April 8 57 minutes ago, crictime said: I know one who has invested in Goa , a sea side property, and they hardly even go there once a year. Surplus money to invest find its way in what one feels is a dream location on their rare visit to goa. Would like to differ though. Property prices appreciate enough and is the best investment (safest, guranteed returns, decent returns month on month and in a major sum if sold). The only thing is, it is illiquid and may take few months to get sold. A separate thread on real estate would be good than to mess up this thread. Yes, as long as it's still within a reasonable weightage of your portfolio, keep adding. Wife's RE input in our combined book sent the weightage way out of whack. Mariyam and crictime 2
crictime Posted April 8 Posted April 8 27 minutes ago, Prakat said: Yes, as long as it's still within a reasonable weightage of your portfolio, keep adding. Wife's RE input in our combined book sent the weightage way out of whack. Same here, way out of whack weightage. I don't really believe in concept of weightage when it comes to real estate. But i think we should really be discussing real estate on a separate thread, if at all one pops up.
crictime Posted April 8 Posted April 8 The world seems so much better with the war having ceased for couple of weeks atleast, doesn't it? Finally someone knocked sense in their head. Were pretty much wasting time doing useless things, killing each other and damaging each others assets and institutions and what not. Destroying tangible and intangibles. Very reckless people. Mariyam and Prakat 2
Prakat Posted May 28 Author Posted May 28 The Iran War Has Remade the Gulf - The region knows that Iran won the war—and is hedging its bets as a result. Why Trump Keeps Getting Rolled in Negotiations - The president will try to spin any Iran deal he makes, but he’s ill-equipped to gain real concessions.
MechEng Posted May 28 Posted May 28 On 4/8/2026 at 4:07 PM, crictime said: The world seems so much better with the war having ceased for couple of weeks atleast, doesn't it? Finally someone knocked sense in their head. Were pretty much wasting time doing useless things, killing each other and damaging each others assets and institutions and what not. Destroying tangible and intangibles. Very reckless people. You sound like a first time visitor to planet Earth. ravishingravi 1
Prakat Posted June 19 Author Posted June 19 Total surrender! Meanwhile, the war machine is paying every media outlet to psych the fool into cartwheeling out of the deal in the next few months.
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