Thursday, November 23, 2006

Real Estate Soaring in Chennai

In today's Hindu Business Line, there is an article about Vijay Shanthi Builders new residential project in central Chennai being sold out in just one day. What surprised me was not the speed with which the apartments were sold but the price at which they were sold. Each 5000 Sq feet apartment was sold for 4.25 crores !!. Whew !!. That must be some kind of a record for Chennai.

Looks like we are heading into a real estate bubble.

Sunday, November 05, 2006

Great sites for info on Business and Economy

I'm an avid reader of the Knowledge@Wharton news letter: Knowledge@Wharton. They have excellent articles and insightful interviews with business leaders. Now, they have introduced a new India specific site known as India Knowledge@Wharton. Check it out here: I highly recommend that you subscribe to the news letter. It is really worth our time.