PIRAMAL is offering Rs.1800 crs in LODHA, What it means for PROPERTY MKT?

Monday, May 15, 17

PIRAMAL is offering Rs.1800 crs in LODHA, What it means for PROPERTY MKT?

Greetings from Hitesh! Do you remember the LIMELIGHT created by AMBIT on 20^th July 2015? No. Let me take you back. AMBIT published the report that MUMBAI property prices are expected to fall by 50%. Market was full of NEGATIVITY. I was getting calls and text messages from my clients and followers about – WHAT NEXT?  

On 22^nd July, 2015 – I wrote my most famous call on PROPERTY titled - AMBIT says Mumbai Property Prices MAY CRASH by 50%. We have 100% different VIEW.

It is still there on our blog. You can read the same. In the same we had made following CATGORICAL OBSERVATIONS.

“Ajay Piramal invested Rs.1200 Crores in OMKAR Group in last month. The builder had cash crunch. The other details are not available. There are many deals like these that have taken place in the market in last 6 months.

Do you think the deals are done at 100% of the prices? Builders would have offered huge discount before they would have got such a big amount. So, according to us – 50% or MORE CRASH has already happened for a select few. AMBIT is late in its report in this sense.

There are corporates like Reliance, which have huge cash and will be eager to invest in the best of the property at 50% or more discount!! So, if at all the general market crash – you will not be able to buy the flat at lower prices!! Select few will get the benefits.

Mr.Piramal will not invest Rs.1200 Cr if he sees MANDI or further fall!! He is one of the SHREWDEST INVESTOR India has ever seen. You can compare him with Mr.Buffett rather than RAKESH.

Those are very big money and they are lying out of the system. THEY HAVE FLUSHED OUT LIQUIDITY. So, There is NO MANDI. There is genuine Liquidity Crunch. If there is genuine MANDI – PEOPLE will not buy at 50% also!! Just think.

What is my personal call?

We do not agree with the AMBIT’s predication that FALL MAY COME. According to us 50% crash has already happened for a SELECT FEW and it is still there if you have right kind of CASH with you. AMBIT is late at least by 6 months in its report.”

WHAT HAS HAPPENED in LAST TWO YEARS?

Fortunately for all our readers – we have been proved 100% correct in predicting property market also. Look at the prices of All the REAL ESTATE COMPANIES shares – they have moved up by 50% to 100% since AMBIT came out with the report. We have made good money by investing in good real estate companies while others were busy talking about AMBIT REPORT.

What about PIRAMAL LOAN to LOADHA?

I compare PIRAMAL with BUFFETT and if you look at his track record – he has always done something unusual by going against the OPINION of the market and made tons of money. His loan also proves that he sees brighter prospects for the property market in Mumbai.

How NORMAL PEOPLE LOSSES the OPPORTUNITY?

Curtis Faith of TURTLE TRADER FAME had once said “In investing and trading, the vast market consists of amateurs….

1.  Who are looking for magical answers to make lots of money quickly and with little risk.

2.  They want specific ideas.

3.  They want to be told exactly what to do.

Those looking for such things will not find them. They will not be successful as long as they continue to favor the easy over the truth.”

If you have read above post and used your commonsense and invested in real estate companies – you would have also made tons of money like our clients. But I am sure you wanted specific names to invest along with the price as Mr.Faith said above.

If you really want to be TOLD what to do, do join us.

Have a Great Week Ahead.

Follow me on Twitter @hiteshmparikh and join me on WhatsApp on +91 986 942 5399.

Live With Passion…. Invest With Passion.

Hitesh Parikh