The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» How to get Access to: 104 Technical trading experiments by HUNTER
Cracks in the Real Estate Sector EmptyToday at 11:03 am by Admin

» Gota's Era
Cracks in the Real Estate Sector EmptyYesterday at 8:33 pm by Ethical Trader

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Cracks in the Real Estate Sector EmptyYesterday at 12:37 pm by serene

» Thought for the day...
Cracks in the Real Estate Sector EmptyYesterday at 12:17 pm by Topcat

» Why (Happy) People Cheat?
Cracks in the Real Estate Sector EmptyYesterday at 11:49 am by කිත්සිරි ද සිල්වා

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Cracks in the Real Estate Sector EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Cracks in the Real Estate Sector EmptyWed Dec 11, 2019 7:10 pm by hammurabi

» රතු වැටෙනකොට
Cracks in the Real Estate Sector EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Cracks in the Real Estate Sector EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Cracks in the Real Estate Sector EmptyTue Dec 10, 2019 5:23 pm by Backstage

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
Cracks in the Real Estate Sector EmptyTue Dec 10, 2019 12:31 pm by Rana

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Cracks in the Real Estate Sector EmptyMon Dec 09, 2019 6:41 pm by soileconomy

» East West properties
Cracks in the Real Estate Sector EmptyMon Dec 09, 2019 10:01 am by LSE

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Cracks in the Real Estate Sector EmptySun Dec 08, 2019 11:07 pm by spw19721

» MHDL Millennium Housing
Cracks in the Real Estate Sector EmptySat Dec 07, 2019 12:35 pm by pure equity

» පොළී මුදලාලිලාට බලපත්‍ර ක්‍රමයක් හඳුන්වා දෙන්න තීරණයක්
Cracks in the Real Estate Sector EmptyFri Dec 06, 2019 11:33 pm by Backstage

» Dividend Announcement
Cracks in the Real Estate Sector EmptyFri Dec 06, 2019 10:10 pm by subash

» Colombo US Embassy Air Pollution
Cracks in the Real Estate Sector EmptyFri Dec 06, 2019 11:20 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Cracks in the Real Estate Sector EmptyFri Dec 06, 2019 5:24 am by soileconomy

» SINHAPUTHRA FINANCE PLC (SFL.N0000)
Cracks in the Real Estate Sector EmptyThu Dec 05, 2019 9:26 pm by The Invisible

» Land & Property sector chart
Cracks in the Real Estate Sector EmptyThu Dec 05, 2019 6:27 am by dhanurrox

» සිමෙන්ති මිල පහළට
Cracks in the Real Estate Sector EmptyWed Dec 04, 2019 7:05 pm by nihal123

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Cracks in the Real Estate Sector EmptyWed Dec 04, 2019 7:04 pm by nihal123

» පාස්කු ප්‍රහාරයෙන් පසු වැඩිම සංචාරක පැමිණීම නොවැම්බරයේ දී
Cracks in the Real Estate Sector EmptyWed Dec 04, 2019 7:02 pm by nihal123

» Flying is the Safest mode of Transport
Cracks in the Real Estate Sector EmptyWed Dec 04, 2019 10:37 am by කිත්සිරි ද සිල්වා

» OSEA .N
Cracks in the Real Estate Sector EmptyTue Dec 03, 2019 3:36 pm by dakzsl

» LIOC.N0000 (Lanka IOC PLC)
Cracks in the Real Estate Sector EmptyTue Dec 03, 2019 11:39 am by LSE

» Hayleys MGT
Cracks in the Real Estate Sector EmptyTue Dec 03, 2019 10:10 am by The Invisible

» Sri Lanka insurer regulatory capital drop with new accounting rules
Cracks in the Real Estate Sector EmptyTue Dec 03, 2019 9:19 am by The Invisible

» Thread for News on CSE and SL Economy
Cracks in the Real Estate Sector EmptyTue Dec 03, 2019 9:18 am by The Invisible

» Lanka Tiles
Cracks in the Real Estate Sector EmptySun Dec 01, 2019 8:43 pm by soileconomy

» ACL Cables
Cracks in the Real Estate Sector EmptyFri Nov 29, 2019 11:12 am by The Invisible

» RENUKA AGRI FOODS PLC ( RAL.N0000 )
Cracks in the Real Estate Sector EmptyThu Nov 28, 2019 6:04 am by sureshot

» SEYB.N0000 ( SEYLAN BANK PLC )
Cracks in the Real Estate Sector EmptyThu Nov 28, 2019 4:17 am by soileconomy

» An Attitude Adjustment
Cracks in the Real Estate Sector EmptyTue Nov 26, 2019 12:36 pm by Backstage

» මහ බැංකු අධිපති ධූරයෙන් ඉවත් වෙයි
Cracks in the Real Estate Sector EmptyTue Nov 26, 2019 11:00 am by The Invisible

» Sri Lanka cement production picks up
Cracks in the Real Estate Sector EmptyTue Nov 26, 2019 9:22 am by Topcat

» Thread for News on Local and Foreign Politics
Cracks in the Real Estate Sector EmptyTue Nov 26, 2019 7:04 am by The Invisible

» SEC Chief says ready to hand over baton
Cracks in the Real Estate Sector EmptyMon Nov 25, 2019 8:12 pm by ruwan326

» Technology~විද්‍යාව ~ Wisdom
Cracks in the Real Estate Sector EmptyMon Nov 25, 2019 8:36 am by ruwan326

» The Theatre | Best movies to Watch
Cracks in the Real Estate Sector EmptySun Nov 24, 2019 5:18 pm by spw19721

» SHL.N0000 (Softlogic Holdings PLC)
Cracks in the Real Estate Sector EmptySun Nov 24, 2019 9:44 am by The Invisible

» An individual in pursuit of a porcupine found dead in a burrow
Cracks in the Real Estate Sector EmptyThu Nov 21, 2019 11:41 am by Backstage

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Cracks in the Real Estate Sector EmptyThu Nov 21, 2019 7:51 am by ruwan326

» APLA.N0000 (ACL PLASTICS PLC)
Cracks in the Real Estate Sector EmptyWed Nov 20, 2019 11:03 pm by nesta

» භාරකාර ආණ්ඩුවක් හෙට
Cracks in the Real Estate Sector EmptyWed Nov 20, 2019 7:19 pm by nihal123

» ඇඟට නොදැනී ප්‍රතිඋත්තර දෙන හැටි
Cracks in the Real Estate Sector EmptyWed Nov 20, 2019 9:28 am by ruwan326

» මගේ කියවීම ...
Cracks in the Real Estate Sector EmptyWed Nov 20, 2019 8:28 am by yellow knife

» How the silence on this !
Cracks in the Real Estate Sector EmptyTue Nov 19, 2019 5:40 pm by Backstage

» ප්‍රතිඵලේ මොකක් උනත් ජ්යෝතිෂය සත්‍ය වෙන හැටි දැක්කද?
Cracks in the Real Estate Sector EmptyMon Nov 18, 2019 9:15 am by ruwan326

December 2019
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Cracks in the Real Estate Sector

Go down

Cracks in the Real Estate Sector Empty Cracks in the Real Estate Sector

Post by puliyanam on Tue Sep 24, 2019 8:52 am

The real estate sector is struggling...Some of the customers feel cheated (no apartment and no money) and some others feel short changed i.e. poor quality apartments given.

This sector also seem to be working with authorities/ politicians in unofficial ways
http://www.sundaytimes.lk/180722/business-times/uda-chairman-denies-ties-with-blue-ocean-group-303105.html
Recall RaviK (apartment story)

Some of them were once stars,
http://www.dailymirror.lk/112939/Achilleion-World-s-tallest-show-apartment-receives-massive-response-during-first-two-weeks-
http://bluemountain.lk/news-and-events/international-awards/blue-mountain-wins-5-distinguished-accolades-south-asian-business-excellence-awards-2016/

became scams
https://www.newsfirst.lk/2019/07/13/blue-mountain-scam-what-happens-to-the-victims-why-is-there-no-action/
http://www.sundaytimes.lk/180408/business-times/kollupitiya-resident-complains-against-high-rise-builder-288561.html

Im sure none of you are buying appartments now (?). But play safe. Although I have only quoted two groups struggling (Blue Ocean & Bule Mountain) there are others having trouble. Since the sector may have been used or at least allegedly (as in Blue ocean case above) as an avenue to launder money, for some its cathching the tiger by the tail story.

Some directors are hiding
https://www.newsfirst.lk/2019/07/15/director-of-blue-mountain-produced-in-courts/

I cannot say entire sector is broke but cracks are appearing fast... Some not reported perhaps. Be vigilant Surprised





puliyanam
puliyanam
Top contributor
Top contributor

Posts : 403
Join date : 2014-02-28

Back to top Go down

Cracks in the Real Estate Sector Empty Re: Cracks in the Real Estate Sector

Post by yellow knife on Tue Sep 24, 2019 9:29 am

Thanks Puli

yellow knife
Top contributor
Top contributor

Posts : 6540
Join date : 2014-03-27

Back to top Go down

Cracks in the Real Estate Sector Empty Re: Cracks in the Real Estate Sector

Post by chutiputha on Thu Sep 26, 2019 2:44 pm

In addition to that Just to recall what has happened to USA so far , what is going to happen in Sweden also about real estate
chutiputha
chutiputha
Top contributor
Top contributor

Posts : 1908
Join date : 2014-11-09
Age : 33
Location : Mt.Lavinia

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum