Re: Small Question from Hyderabad

hi knk,

 

I don't think investment by NRI's in India is anything 'wrong' as u said..also increase of land prices does not depend on buying lands by nri's..that might be negative notion...it just doesn't make sense...lands prices increase mostly due to local and political reasons..

 

regards

 

Poorna c Yalamanchili

SAP consultant:Operations

Dairy Farmers Australia

+61423257497

 

 

On 20/01/06, knk <nkamatam@gmail.com> wrote:

Hello!
I am a new joiner into this group. I see that most of the people in
this forum are NRIs. So, I just thought I should take this opportunity
to ask this question.

Why do NRIs believe in buying land in hyderabad? They have caused a
sharp increase in the land rates, and this is going to have a cascading
impact on inflation.
Effectively, you are making this a costly place. The facilities, the
infrastructure does not increase, but the cost does.

Why do the so called brains of India not think about the wrong that
they are causing to their country?


knk
I hope my post does not get blocked by the moderator(s).