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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on CSE and SL Economy
Cracks in the Real Estate Sector EmptyFri Oct 18, 2019 10:22 pm by nihal123

» Devolution of power, civil wars, altruism, nepotism in animal world
Cracks in the Real Estate Sector EmptyFri Oct 18, 2019 10:15 pm by Backstage

» අනං මනං! #/+?.<>
Cracks in the Real Estate Sector EmptyFri Oct 18, 2019 9:06 pm by ruwan326

» East West properties
Cracks in the Real Estate Sector EmptyWed Oct 16, 2019 12:06 pm by yellow knife

» RCL - Royal Ceramics
Cracks in the Real Estate Sector EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
Cracks in the Real Estate Sector EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
Cracks in the Real Estate Sector EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
Cracks in the Real Estate Sector EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
Cracks in the Real Estate Sector EmptyThu Oct 10, 2019 9:24 am by ruwan326

» Dividend Announcement
Cracks in the Real Estate Sector EmptyWed Oct 09, 2019 4:59 pm by Rana

» අපි නොදන්න ගීතයක කතාව
Cracks in the Real Estate Sector EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
Cracks in the Real Estate Sector EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
Cracks in the Real Estate Sector EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
Cracks in the Real Estate Sector EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
Cracks in the Real Estate Sector EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
Cracks in the Real Estate Sector EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
Cracks in the Real Estate Sector EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Cracks in the Real Estate Sector EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
Cracks in the Real Estate Sector EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
Cracks in the Real Estate Sector EmptyWed Sep 18, 2019 9:01 am by CK

» Thought for the day...
Cracks in the Real Estate Sector EmptyTue Sep 17, 2019 5:44 pm by sashimaal

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
Cracks in the Real Estate Sector EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
Cracks in the Real Estate Sector EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
Cracks in the Real Estate Sector EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

» Yahoo mail
Cracks in the Real Estate Sector EmptyFri Sep 06, 2019 5:38 pm by Rana

» Thread for News on International Markets
Cracks in the Real Estate Sector EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
Cracks in the Real Estate Sector EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
Cracks in the Real Estate Sector EmptyFri Sep 06, 2019 6:00 am by sanjulanka

» Hayleys MGT
Cracks in the Real Estate Sector EmptyFri Sep 06, 2019 5:55 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
Cracks in the Real Estate Sector EmptyThu Sep 05, 2019 8:47 pm by soileconomy

» Tourism Sector
Cracks in the Real Estate Sector EmptyThu Sep 05, 2019 6:08 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
Cracks in the Real Estate Sector EmptyTue Sep 03, 2019 6:12 pm by Ethical Trader

» UBC Union Bank of Colombo
Cracks in the Real Estate Sector EmptyTue Sep 03, 2019 12:09 pm by The Invisible

» Obituary Notice.
Cracks in the Real Estate Sector EmptyMon Sep 02, 2019 10:34 pm by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
Cracks in the Real Estate Sector EmptySat Aug 31, 2019 5:13 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
Cracks in the Real Estate Sector EmptySat Aug 31, 2019 8:44 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
Cracks in the Real Estate Sector EmptyFri Aug 30, 2019 4:05 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Cracks in the Real Estate Sector EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Cracks in the Real Estate Sector EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
Cracks in the Real Estate Sector EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
Cracks in the Real Estate Sector EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
Cracks in the Real Estate Sector EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» JKH - 155/00 Breakout is pending
Cracks in the Real Estate Sector EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
Cracks in the Real Estate Sector EmptyWed Aug 21, 2019 10:07 am by nisashi

» What Would You Do?
Cracks in the Real Estate Sector EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Cracks in the Real Estate Sector EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
Cracks in the Real Estate Sector EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Cracks in the Real Estate Sector EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Cracks in the Real Estate Sector EmptySun Aug 18, 2019 8:26 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Cracks in the Real Estate Sector EmptySun Aug 18, 2019 8:14 pm by The Invisible

October 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

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 : 397
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 : 6440
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 : 1902
Join date : 2014-11-09
Age : 33

Back to top Go down

Back to top


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