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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Technology~විද්‍යාව ~ Wisdom
Cracks in the Real Estate Sector EmptyToday at 6:54 am by ruwan326

» අනං මනං! #/+?.<>
Cracks in the Real Estate Sector EmptyMon Nov 11, 2019 12:38 pm by nihal123

» Thread for News on CSE and SL Economy
Cracks in the Real Estate Sector EmptyMon Nov 11, 2019 10:51 am by ruwan326

» ඇඟට නොදැනී ප්‍රතිඋත්තර දෙන හැටි
Cracks in the Real Estate Sector EmptySun Nov 10, 2019 7:37 pm by ruwan326

» What's 5G?
Cracks in the Real Estate Sector EmptySat Nov 09, 2019 3:14 pm by Afourer

» ACL කේබල්ස් ට රුපියල් මිලියන 789 ක ඒරියල් බන්ඩල් සන්නායක කොන්ත්‍රාත්තුවක්
Cracks in the Real Estate Sector EmptySat Nov 09, 2019 7:50 am by කිත්සිරි ද සිල්වා

» ලාෆ් ගෑස් සමාඟමට එරෙහිව විනිමය කොමිසමෙන් නඩු
Cracks in the Real Estate Sector EmptySat Nov 09, 2019 3:05 am by Rana

» CFVF - First Capital
Cracks in the Real Estate Sector EmptyFri Nov 08, 2019 8:36 pm by hammurabi

» Dividend Announcement
Cracks in the Real Estate Sector EmptyFri Nov 08, 2019 11:03 am by nihal123

» Hayleys MGT
Cracks in the Real Estate Sector EmptyWed Nov 06, 2019 10:13 pm by seek

» Thought for the day...
Cracks in the Real Estate Sector EmptyWed Nov 06, 2019 10:24 am by ruwan326

» මෑතකාලීන ආර්ථික ප්‍රවණතා: 2019 සුවිශේෂ සිදුවීම් සහ 2020 අපේක්ෂාවන්
Cracks in the Real Estate Sector EmptyTue Nov 05, 2019 1:22 pm by nihal123

» DIPD.N0000 (Dipped Products)
Cracks in the Real Estate Sector EmptySun Nov 03, 2019 9:13 pm by spw19721

» IMF approves disbursement of USD 164 million for Sri Lanka
Cracks in the Real Estate Sector EmptySun Nov 03, 2019 6:50 pm by Backstage

» Recent tax developments on residential condominium properties
Cracks in the Real Estate Sector EmptySun Nov 03, 2019 5:56 pm by Backstage

» Local Palm Oil Industry
Cracks in the Real Estate Sector EmptySun Nov 03, 2019 4:44 am by serene

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Cracks in the Real Estate Sector EmptySat Nov 02, 2019 10:00 pm by hammurabi

» LPL.N0000
Cracks in the Real Estate Sector EmptyFri Nov 01, 2019 8:35 pm by Admin

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Cracks in the Real Estate Sector EmptySun Oct 27, 2019 9:08 pm by PANTOMATH

» දුක බෙදාගත් හැටි
Cracks in the Real Estate Sector EmptySun Oct 27, 2019 6:48 pm by serene

» මේ විදියට තව අවුරුදු 5ක් ගියොත් දකුණු ආසියාවේ දුප්පත්ම රට බවට ශ්‍රී ලංකාව පත්වේවි – මහාචාර්ය එච්.ඩී. කරුණාරත්න
Cracks in the Real Estate Sector EmptyFri Oct 25, 2019 9:31 pm by ruwan326

» KFP.N0000(Keels Food Products PLC)
Cracks in the Real Estate Sector EmptyFri Oct 25, 2019 8:26 am by yellow knife

» CCS.N0000 ( Ceylon Cold Stores)
Cracks in the Real Estate Sector EmptyThu Oct 24, 2019 5:57 pm by dhanurrox

» RENUKA AGRI FOODS PLC ( RAL.N0000 )
Cracks in the Real Estate Sector EmptyThu Oct 24, 2019 10:13 am by lanka

» Forex Trading කළොත් නඩු
Cracks in the Real Estate Sector EmptyWed Oct 23, 2019 11:09 am by nihal123

» East West properties
Cracks in the Real Estate Sector EmptyWed Oct 23, 2019 7:00 am by slstock

» Food and Beverages
Cracks in the Real Estate Sector EmptyMon Oct 21, 2019 7:54 am by කිත්සිරි ද සිල්වා

» 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

» 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

» 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

» 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

November 2019
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

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 : 401
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 : 6487
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 : 1905
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