Sunday, October 30, 2005

A few good ideas...

I am basically an idea person - keep getting ideas and just cant help it! Here are some (about Mumbai) that people should think about

a. Any Mumbai railway platform is a asbestos roofing thing - There is so much of space above these platforms that if some dood of a builder can just pick up the contract to build on top of these stations, you'll have PRIME real estate - BANG ON THE STATION

b. The other was the mithi river -basically a literal nallah that flows across the city - again someone could just take the contract to channel all the dirty water into pipes to the sea, in return for the land that the river flows on - thats massive real estate just lying waste...

These thoughts come after I heard of the property prices for a new building in Borivali (just less than a 2 km from my place) - at a staggering 4200 bux a square foot - and think about a decent sized house and there - it costs you half a khokha!

Really makes you think how expensive it is getting to inch townside.....I'm happy with my Dahisar for now.....

Later I hope some of these wise builders will develop well connected to the city townships......you know with bunglows and stuff - I'll grab that piece :)

Real estate BTW is a great investment and a great business to be in - though with anything else - the entry barriers are high (especially the brushes with the underworld part of it)......whatever the case may be, for now these guys are having a ROCKING time :)

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