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smartcat
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Joined: 29/Mar/2007
Location: India
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   Posted: 03/Oct/2007 at 6:06pm |
Our expert 'Big Ears' provides some useful insight into the Bangalore township deal
| DLF got Bangalore project, which is about 30 kilometer from Bangalore and 15 kilometer from Mysore and this is a huge project and in fact if you see the areas available for development by the companies to the extent of 40% to 50% of their present land bank. In fact I would say that the potential is much more the project will last for about 5 years and the profit could be could be Rs 40,000 to Rs 50,000 crore by the development of this huge land bank and if you are getting such a huge cluster of land that too close to the city of Bangalore."
He further added, "The whole company would get rerated and in fact the today’s rise of 7% is nothing and in due course of time if you make a calculation and take the expected profit though they have 50% share in the whole project, 50% is held by the Dubai party Nakhil but still taking the 50%. If you have an expected profit of anywhere between Rs 25,000 to Rs 30,000 crore over the next 5 years period, which DLF is capable of executing in all sort of things. I think share in due course of time it would get rerated maybe touch four digit mark. So this is the effect of the award of the Bangalore project to the company.” |
Source: MoneyControl.com
Edited by smartcat - 03/Oct/2007 at 6:08pm
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kulman
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Posted: 03/Oct/2007 at 9:06pm |
SmartCat....I heard some buzz from Bengaluru that today you were telling your friends about thousands of acres you recenty bought on Mysore Road!!
Please reserve a villa there which would be used as a guest house by TEDdies.
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Life can only be understood backwards—but it must be lived forwards
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CHINKI
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Joined: 07/Feb/2007
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Posted: 03/Oct/2007 at 9:43pm |
Originally posted by smartcat
Our expert 'Big Ears' provides some useful insight into the Bangalore township deal
| DLF got Bangalore project, which is about 30 kilometer from Bangalore and 15 kilometer from Mysore and this is a huge project and in fact if you see the areas available for development by the companies to the extent of 40% to 50% of their present land bank. In fact ........ |
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Smartcat it is 90Kms from Mysore.
By the by, the way your stocks are moving up including the ones which you have picked recently, you can very well get a villa for the teddies. 
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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smartcat
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Joined: 29/Mar/2007
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Posted: 03/Oct/2007 at 12:11pm |
| telling your friends about thousands of acres you recenty bought on Mysore Road |
Yes, finally something close to home. But with so much property all over India, my grandchildren will be like " Saala Budda Marta Hee Nahin".
| By the by, the way your stocks are moving up including the ones which you have picked recently |
The market always throws up a few occassions during which the most ordinary/below average investor feel that they have now become Warren Buffet.
That's OK, as long as it doesn't get inside their heads. Or else they will end up on CNBC as TAUs and Chat Lals.
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kulman
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Posted: 03/Oct/2007 at 12:18pm |
| "Saala Budda Marta Hee Nahin" |
 ha ha ha
| ....ordinary/below average investor feel that they have now become Warren Buffet. That's OK, as long as it doesn't get inside their heads..... |
Absolutely! Feet should be firmly on the ground.
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Life can only be understood backwards—but it must be lived forwards
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smartcat
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Posted: 04/Oct/2007 at 1:01pm |
Chinki, a couple of my friends have already bought land in this area (Bidadi) 6 months back. It is a private layout but the local developer was charging Rs. 600 per sq. ft. The whole area looks deserted and we only have a few cows and sheep for company. I was laughing at them all this time for spending Rs. 15 lacs on property so far away from Bangalore.
But now that DLF is coming up with this township in this area, I guess my friends are going to have the last laugh.
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kulman
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Posted: 04/Oct/2007 at 1:09pm |
Smartly diverting attention......you have conveniently not addressed the issue of that Villa for TEDdies.
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Life can only be understood backwards—but it must be lived forwards
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smartcat
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Location: India
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Posted: 04/Oct/2007 at 1:14pm |
hee hee. I have a disease called 'selective amnesia'.
But seriously, real estate investment is also a mix of science, art and luck (like stock market investment). My friends bought that land there with the logic that the proposed Bangalore - Mysore expressway is only 2 km from their land.
But now, they have one more 'trigger' - like we have unexpected triggers that result in upside in stocks.
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