Sandeep🍂 retweetledi
Sandeep🍂
468 posts

Sandeep🍂
@TechLifeNotes
Army brat. Humble beginnings. Leading IT Ops at a global insurtech. Sharing thoughts on life lessons & Tech, AIops, Work. ITSM | AI Ops | Observations
Gurgaon, India Katılım Mart 2015
105 Takip Edilen51 Takipçiler
Sandeep🍂 retweetledi

Much talked about green belt from Rampura to Pataudi Road still doesn’t exist. Post 2 yrs of inauguration onpaper. Wastage of taxpayer money. Zero execution.
For the ground—or just headlines to boost real estate price?
@OfficialGMDA @MunCorpGurugram @usiias @pcmeenaIAS #Gurugram
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@Akshat_World I live around dwarika expressway, hardly see any ghost corridor. You maths might be correct but on ground atleast i dont see it
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Gurugram has an overall occupancy rate of 75%. This means that 25% of units are empty. Just sitting there, gathering dust.
Dwarka Expressway (sector 102-115) is now called The "Ghost Corridor" (why? occupancy rate is 45-55%).
You'd think that since there are so many empty units, the sellers should sell at a discount. Or the rents should come down.
WRONG!
In fact in the last 3-4 years, the Real Estate prices have gone up by 60-80%.
Why? because we have an incentive problem.
- Babus only get bribes when new projects are passed.
- The builder only makes money when he builds the next project.
- The broker make the most money on "under construction" units (5-10% commissions)
The new projects have to launch for the system to keep running.
Most of these projects are now being built for NRIs. Massive 350 SqMtr apartments, where no one lives
Why NRIs? Because they have the holding capacity.
Plus they are clueless about the ground reality.
Unlike a budget buyer, they are NOT desperate to sell. Or RENT. They can continue to hold the units, and keep paying the builder a fat maintenance every year (in the hope the unit prices will go up some day for their older units, which now compete with the new launches).
And, there are enough of them to absorb the new supply.
So we get a market: where the end buyer does nothing with the unit. The new units keep flooding. People who actually live in the city keep seeing their rents going up.
This game already happened on Real Estate. And, is now happening in the Indian stock markets (IPO's where you're buying from fat promoters)
Basically: you're an exit liquidity for someone else's problems.
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@MarketScientist it will related to bill only.......rona dhona congress ko kosana bas yahi krege simple
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Worked 2 years at Tech Mahindra and managed to save ₹5 lakh.
No new phone.
No expensive gadgets.
No sneakers, watches, or unnecessary upgrades.
While others were busy upgrading their lifestyle, I was just saving quietly.
In 2023, I bought 3000 sqft land with that money.
Now in 2026, it’s worth ₹12 lakh.
At the same time, my friends bought iPhones, Royal Enfield bikes, laptops all on EMI and they’re still paying for it.
If I sell today, I can easily buy a Tata Punch, an iPhone, and a laptop all in cash, no EMI.
We all earned similar money.
Just made different choices.
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@TechLifeNotes Nothing happen…it was temporary restricted 🚫
It always happens in the morning
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@Dev_code_04 Its Eid - holiday.
But yeah friday is the worst day to push anything in production.
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@livewithnoregrt Dont bother about ‘some’ people. Keep hustling and win
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