Finally PepperTap announced its demise

It proves our model at expressdwarka.com was the best

How IAS culture is hampering growth of India

I was going through one article

https://latasinha.wordpress.com/2012/01/04/ias-and-non-ias-services-under-government-of-india/

Well the author has nicely combed the past and future and the imperatives of current era

Frauds and miscommunication like Migsun Wynn in Real Estate in north India

Real Estate industry is going through slump and more so will happen after the sudden spurt of supply, which will come after the new bill.

Many of the builders like Amarpali have cheated people's money by projects like Hanging garden, Aawas Yojana etc.

Now a new project by Migsun Wynn has come. They advertised the rates as 1699 per sq foot, but consider these factors

1. It is rate of 25th floor
2. 25 floor storey building will sell on discount when most of the projects are 10-12 floors
3. The builders has released only very small portion of the full 8 acre plot and existing plan is very crowded
4. Cost of finishing of 300 is not included
5. Club fees is exhorbitant

Considering all these factors, cost of this project works out to be around 3000 on 10th floor, which is too high, as per current market. 

Amarpali La Residential is selling at 28 lacs (all in)

Steller Mi is selling for 30.5, all in 

So, the market is going for correction. Prices in Noida, especially greater noida are going to crash. Prices will return to the level of 2000 per sqft in Greater Noida as the supply is too much to be consumed anytime soon. Once, banks tighten noose, many of them will default and reduce the rates further. 

Advise to retail investors - Wait for 6-12 months, till you see bankruptcies