Indian Real Estate Prices Crashing

The real state boom was empowered by too many positive factors during the year 2004 - 2008

1. Cash Inflow from foreign Investors
2. Home loan interest rates were quite low
3. Boom in IT Sector
4. People buying more than one house on loan just for investment purpose even if it was a costly affair.
5. Many NRI's buying houses in India for investment.

Now all of the above conditions have reversed

1. Foreign investors taking out money
2. Interest rates too high
3. IT Boom some what burst
4. People who brought more than one home are desperate to sell their 2nd home
5. NRI's selling their invested houses as they need the money there.

Now all the positive has become negative and one can see property rates are coming down by 25 - 50%

So the strategy for home buyers is wait and watch policy for the next 6 to 12 months, unless you are getting a very good deal from some NRI or from a person who can not take the heavy interest rate any more.

NSE Trading Holidays 2024

Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading: Timings of Muhurat Trading shall be notified subsequently.

Historical BSE Sensex returns - updated 2013

We have already seen the historical returns of the BSE Sensex, which indicated an average return of about 20% per year, despite many yearly returns varying from -20% to +60%. The following table shows BSE Sensex historical data - open, close and the yearly returns of the sensex from 2000 to 2012. There are some interesting points to note from the above table. Post 2008 crash of about 50% and 2011 negative returns of 24%, markets have given positive returns of 81% and 25%. Also the average returns for the past years is about 20% despite the markets being down 24%. The lesson is pretty much clear - long term investing pays and one need not bother too much about the ups and downs of the markets. During the past few years, the returns from investing in individual stocks have been varied. Despite markets being at 2 year highs, only a few stocks are at similar highs, while most of them are still languishing well below their historical highs and are down anywhere between 8

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