From your own experience and instincts how would you describe the current economy?

The western zone of India can be called as developed since industrial growth in those areas is growing in a very high speed. The cities like Ahemdabad, Mumbai, Pune and Bangalore are economical hubs of India. On the other hand, of the western areas of India like West Bengal, Andhra Pradesh and Orissa, majority of revenue comes from agricultural sides. These areas are the agricultural hubs of India.

1. Till year 2007 i had several options for relocating myself in terms of job, now a days immesely less-Economy is no doing good..... 2.what ever i did invest in any short of commodity was gaining high till 2005 now less.......... economy is not doing good.... 3. i have not met any losses on my investments.... economy if not bad even.... 4.i know we are second after china's 7.8% to our 5.2%... its really not bad at all...... 5. i think i will be able to consolidate future of my kids...... economy is going to sustain +ve.........6. i can see NREGA doing wonders...economy is good. 7.Less rainfall......Bad for economy  8. Recent hike in automotive sales...good 9. real estate market started to take its pace...good. 10 Positive Q3 balance sheets of corporate house...good

agree with what joshi sir said 

I am from kerala and here during slowdown flat price lost 20 – 30% and also we had to sell some property and could make a good sale.  Of course real estate (direct route) is one of the illiquid assets as it takes time to cash it and at times you have to compromise on price(urgent).  There are chances of forming asset bubble ( short term- suffer losses), no clear valuation policies ( entirely depend on  supply demand interplay), huge flow of black money(safe option for Money laundering)

For the long term view agree with Roop sir,  as an asset class it have  strong fundamentals ( fixed supply with increasing demand) and the trend is always positive in the long run.

Roop sir,

Last year locally in Mumbai as well as in Karnataka, there were real estate valuations with a premium to the government valuations and presently it has vanished. Let me explain this a little - if a corporation fixes a value of Rs.2000 per sq ft at a particular site, you were able to sell it at say Rs. 2250 or Rs 2300. But presently, if you wish to sell, even at Rs. 2000 the customer says that he has got more options. This was my experience in real estate.

You may also be right. In the eyes of foreigners, it may be cheap and valuations may be good. Thumbs up to you.

Thanks for the currespondance.

Dear Devi,

You said, "I have no problem with the current economy". Kindly clarify which economy you are talking about- Indian Economy, or Your Country Economy or World Economy ?

And please also give reasons behind your answer. We all would like to appreciate your good information and knowledge.

Thanks & Regards. 

Can two persons may be blamed one thumb down,dont suspect only one for thumdown ,every time please. 

as you  said," here is not a fun site where you post anything that comes in your head", writing off topic comments  ...only to gain some more points...

aryan m., Accounts Executive/Accountant, adph ....whoever you are thanks for the thumbs down....it seems as though only my comments deserve this kind of treatment at Toostep. This would not stop me from contributing.

Mr. Dikshit, my comment is my personal experience. If I don't have any problem with the current economy what should I say. You rated me thumbs down. Thanks very much.