Property Decoder
@PropertyDecoder
Decoding real estate beyond noise.
So today, I introduce myself as Property Decoder @ Ground Lens — A dedicated consumer centric knowledge platform built to decode how real estate really works. For a long time, I myself have faced a massive gap between what’s projected and what’s real in Indian ‘Real’…
🌻Announcement🌻 A Small Change, A Bigger Purpose After much thought (and a fair share of nervous excitement), I’m making a small but meaningful shift. I started this account on X with a simple intention: to share my learnings, question dominant narratives, and connect with…
Few days back, I saw an ad in Gurgaon. Selling 3BHK in Dehradun in some project for Rs. 4 crore. The whole pitch was about... moving there or buying a second home... for clean air or to the escape pollution. Now just look at Dehradun’s condition, is totally screwed up! This…
BUT to where?
🚨 40% of Delhiites are thinking about moving out of the city because of air pollution. (Illness to Wellness Foundation report)
Rs. 2 cr+ homes in India’s Silicon Valley with no piped water. So in India, 'grand club house' is a luxury or 'piped water'?
Why are private equity investments declining 📉 in residential real estate? Because, if you listen to builders & brokers even today while selling new residential launches to retail buyers, they continue to claim that prices will appreciate 2-4x over the next 3-5 yrs (or by…
Here’s who’s winning while the Aravallis are being monetised: Builders - more land to launch ultra-luxury projects Contractors - steady pipelines of high-value construction Brokers - alpha commissions on scarcity narratives Investors - the promise of 2–3× returns by…
1️⃣3️⃣ December 2025. Centre pushes "uniform definition"—Supreme Court nods. Only hills over 100m count as "Aravalli." Result? 90% stripped of protection. Mining mafias rejoice. This isn't conservation. This is erasure disguised as science. Desertification accelerates. Delhi…
Almost every major Indian city is now battling severe air pollution. Seeing Pune touching AQI 342, while Mumbai, Chennai and Hyderabad cross 200, is quite worrying. This isn’t a Delhi-only problem anymore. Delhi’s pollution gets the spotlight because it’s the capital, BUT…
AQI levels for our cities at 10:17 am today. How many cities will be a gone case? Seems like it is only Delhi problem as other cities are consuming fresh oxygen despite less vehicles and density than NCR
After Oberoi Realty, Mumbai-based heavyweight Lodha Group has entered Gurgaon via a JV. It’s good to see NCR attracting some of India’s most credible developers, but their entry appears slightly late in the cycle. But somehow this also signals their long-term conviction. They…
This shows India can clean up everything, if the leadership (including politicians and bureaucrats) is willing to do this on priority. I know some set of people or NGOs keep doing such things for change but to do this on a SCALE, govt/bureaucratic vision must be aligned and…
I was watching this video by @RainmatterOrg about how Chhatrapati Sambhajinagar (Aurangabad) cleaned up the Kham river in 5 years. It had become a sewage drain, and they turned it back into a flowing river. Made me think about especially of Delhi's air quality problem. They…
Mahalaxmi Central Park by 2047.
Central Park was transformed into a winter wonderland as the first measurable snowfall of the season hit New York City this weekend ❄️❄️
If current GCC momentum sustains, select urban micro-markets (where these centers are actually setting up), not entire cities, are likely to see steady, income-backed housing demand, led by rentals first and ownership later. The real risk is developers getting over-excited and…
Techtonic shift in India IT jobs: GCCs are hiring 4x faster than IT services. GCC headcount is growing 18–27% YoY vs 4–6% for IT firms, creating ~160k jobs in FY25 alone, driven by AI, cloud & cybersecurity demand.
Actually physical retail is not just malls but includes, destination high-streets and neighborhood markets. And if you see, during the same period when majority of malls have been dying, even good old high streets continue to thrive. Yes, few street markets might have seen…
physical retail is dying even in my very crowded, very commercial, wealthy south delhi area. 10-15% shops that once used to host showrooms now with to-let signs or closed shutters
Developers are now selling clean air with homes. Fair enough. This is actually far more needed in Delhi NCR than anywhere else. Because here, builders & brokers can sell anything... as long as it’s branded and sounds exclusive. Honestly, I’m surprised builder has launched...…
Why Delhi NCR is Becoming India’s Hub for “Branded” Ultra-Luxury Residences? India’s branded residence story began in Mumbai with icons like Trump Towers and Armani Casa. But today, Delhi NCR leads the race...with most Trump Tower projects, alongside Westin Residences, Versace…
"big companies have special trade schools right next to their factories to create a direct pipeline of loyal specialized workers" If large Indian companies step up and invest seriously and build skill-building trade schools next to their factories, they can bridge the country’s…
Just came back from China, some early thoughts: Life observations: - the great firewall is not that great, so easy to get a vpn or an e-sim that has one - hongkong is surprisingly really run-down, locals have said it’s way past its prime - everyone of all ages in china…
Very true. 'Strata-sold' malls have the highest probability of failure due to inherent operational and governance challenges. In India, most developer-led malls were built to sell, not to run. Assured rental schemes are still aggressively marketed, effectively dumping retail…
Malls, across the world, died a sudden death. India was the last frontier When I was equity research analyst covering REITS in Europe, one common theme was how the malls are managed. It was an easy buy or sell rating based on just this criteria. If the mall is owned by 1…
Brilliant macro signal for Indian real estate 👍 The more Indians give up their citizenship, the more “NRIs” we create... and obviously, more future NRI investors 📈 for luxury/ultra-luxury Indian real estate. So, this looks more like a brilliant well-curated strategy. Who…
With Gurugram’s AQI suddenly matching London due to India's own standards kicking in and along that with the “declining UK/European economy” booster narrative... obviously the Gurugram property market is ready to shoot UP📈 and UP 🚀 to surpass London property market soon.
The belief that “housing prices always go up” didn’t spread by accident. In the early 2000s in the US, an entire ecosystem benefited as long as prices kept rising... developers, brokers, lenders, banks, investors and hedge funds, even rating agencies models... all reinforcing…
“Housing prices never go down" Very common belief even today. BUT once, it helped create one of the biggest housing bubbles in history! From Main Street to Wall Street, all were betting on a narrative: Housing Prices Always Go Up 📈 Until 2008 proved otherwise… here’s how👇
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