Wednesday, September 16, 2009
Sunday, July 12, 2009
"Recession started in US, and it ended in Pimple Saudagar".
Saw this sign at a builders office today. I thought the builders are trying to mock the Software engineers. Reading this was like getting screwed, Royally!
There are no signs of recovery as such, except for some news about a few companies giving increments and no news about more layoffs. So no bad news is actually a good news.
There are many news about people canceling their flat bookings, but the builders are still adamant on the exorbitant rates. Today had been to a site office in Pimple Saudagar. The quote that I received for a 3-bhk was about 50+ Lakh Rupees. Common give me a break.. half a crore for a flat in pimple saudagar.. three years back no one could have thought this in their wildest dreams. This is what the IT has done to the real estate market.
The most amazing thing about this is that except two all other flats have already been booked. Yeah.. it did make me think that the statement might really be true "Recession started in US, and it ended in Pimple Saudagar".
Saw this sign at a builders office today. I thought the builders are trying to mock the Software engineers. Reading this was like getting screwed, Royally!
There are no signs of recovery as such, except for some news about a few companies giving increments and no news about more layoffs. So no bad news is actually a good news.
There are many news about people canceling their flat bookings, but the builders are still adamant on the exorbitant rates. Today had been to a site office in Pimple Saudagar. The quote that I received for a 3-bhk was about 50+ Lakh Rupees. Common give me a break.. half a crore for a flat in pimple saudagar.. three years back no one could have thought this in their wildest dreams. This is what the IT has done to the real estate market.
The most amazing thing about this is that except two all other flats have already been booked. Yeah.. it did make me think that the statement might really be true "Recession started in US, and it ended in Pimple Saudagar".
Thursday, July 09, 2009
Tuesday, July 07, 2009
Brilliant !!
Brilliant!!
It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to choose one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.... .
And that, ladies and gentlemen, is how the United States Government is doing business today.
It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to choose one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.... .
And that, ladies and gentlemen, is how the United States Government is doing business today.
Sunday, June 28, 2009
Gmail shortcuts
I tend to use the gmail shortcuts a lot. here is a list of all the gmail shortcuts link
Golden oldies
check out this video and all the related videos that show up on you tube.. quite nostalgic ;)
Friday, June 26, 2009
Was channel surfing today and saw kishor Biyani talking about the budget 09 expectations, he said every 200 sq ft of retail business creates two jobs on the front end and one job on the backend. Add to that jobs created in the manufacturing / production and transportation industry. Isn't it amazing that 34 percent of the Indian GDP is generated by the retail industry.
In recent five to six years the super markets have seen a growth in leaps and bounds. People are just buying clothes, apparels and what not. All the shopping malls are flooded any day of the year. I just wonder what made it happen? Is it just the presentation offered by the malls? Or people were already buying stuff but now all the shopping is centralized and all the crowd is directed to the malls and we see the rush in the malls.
There must be many small shop owners who must be facing the heat, many have already adopted to the change India is observing but it the potential of the Indian buyer just amazes me and I wonder how come no one tried to tap it before?
In recent five to six years the super markets have seen a growth in leaps and bounds. People are just buying clothes, apparels and what not. All the shopping malls are flooded any day of the year. I just wonder what made it happen? Is it just the presentation offered by the malls? Or people were already buying stuff but now all the shopping is centralized and all the crowd is directed to the malls and we see the rush in the malls.
There must be many small shop owners who must be facing the heat, many have already adopted to the change India is observing but it the potential of the Indian buyer just amazes me and I wonder how come no one tried to tap it before?
Thursday, April 09, 2009
Ping!
Its been a long long time since my last post and last promise to keep this space updated.
So here goes one more futile try.
This haven't changed much in life which are worth a mention here.
Its a pity that this year I was not able to follow a single F1 race till now. Hope the Ferrari's start scoring good soon.
So here goes one more futile try.
This haven't changed much in life which are worth a mention here.
Its a pity that this year I was not able to follow a single F1 race till now. Hope the Ferrari's start scoring good soon.
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