CHINA STUMBLES INDIA SOARS Ep 1474 Sumeet Jain

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CHINA STUMBLES, INDIA SOARS ! | Ep- 1474 | Sumeet Jain • On one side, we have India, where tech professionals like Ratnesh and Neha Malviya, once proud owners of modest two-bedroom apartments, are now upgrading to luxurious four-bedroom homes. The stock market is buoyant, salaries are rising, and Indians are splashing out on swanky homes with pools, tennis courts, and expansive green spaces. On the other side? China, with an economy that has built entire ghost cities — monuments to a once-thriving but now crumbling real estate sector. If you’re still wondering which country is winning the real estate game, let’s make it crystal clear: India is thriving, and China is faking it. • India: A Real Growth Story, Not a Mirage • Less than a decade ago, the Malviyas, like millions of middle-class Indians, squeezed into homes they could barely afford. Fast forward to today, and they are contemplating a Rs 40.3 million ($482,000) upgrade — a decision made easier by their fivefold increase in income. And they’re not alone. India’s roaring economic growth, which outpaces every major economy, has created a new wave of wealthy buyers eager for luxury living. • India’s real estate success story isn’t built on shaky ground. It’s propelled by a booming stock market and rising wages for professionals in key sectors like technology, finance, and business. In 2023, India added a record $588 billion in financial wealth, and the number of dollar millionaires reached a staggering 868,671. By 2028, that figure is projected to exceed 1 million. This is the kind of prosperity that isn’t just talked about — it’s lived, every day, in larger homes, better lifestyles, and rising aspirations. • Meanwhile in China: The Land of Ghost Cities • Now, let’s turn to China. The Chinese government may have built entire cities to drive its so-called economic miracle, but where are the people? Reports of deserted high-rises and incomplete developments tell the story. China’s economy may look shiny from the outside, but underneath, it’s a hollow shell. When you build skyscrapers for no one and bridges to nowhere, that’s not progress — it’s a ticking time bomb. • India, on the other hand, is selling out entire luxury developments within days! Consider DLF’s recent success in Gurgaon, where they sold 795 units priced between Rs 60 million and Rs 80 million in just three days. That’s real demand. And it’s not just the rich and famous snapping up these properties. Diaspora Indians are also flooding back to invest in India’s growth story. NRIs, who once looked abroad for opportunities, are now ensuring they have a solid foothold in their homeland — not out of nostalgia, but because it’s simply a smart investment. • India’s Real Estate: Where Demand Meets Quality • Developers like DLF aren’t just relying on patriotic sentiment to sell homes. They’ve built a reputation for quality, luxury, and reliability. This isn’t the Chinese model of “build now, figure it out later.” India’s real estate market thrives on genuine demand for larger, better homes. The hybrid work culture has made spacious homes with luxury amenities a necessity, not a luxury. In fact, CBRE reported that in 2023, 11,755 homes priced at Rs 40 million or above were sold in cities like Mumbai, Delhi, and Hyderabad — four times more than in 2019! • Contrast that with China’s Evergrande crisis, where the collapse of one of the country’s largest property developers sent shockwaves through its economy. Homebuyers in China are now wary, and confidence in the sector is plummeting. Evergrande’s fall from grace is emblematic of the broader issues plaguing China’s real estate sector: overbuilding, unsustainable debt, and a lack of genuine demand. China’s economic miracle is fast unraveling, while India is just getting started. • EMAIL: [email protected] • • 👉Instagram: https://www.instagram.com/coffeewiths... • 👉TWITTER: https://x.com/Sumeetmountain?t=BJrbF6... • 👉TELEGRAM GROUP https://t.me/coffeewithsumeetjain • • • #Sumeetjain #sumitjain #modi #india #bharat #indiashinning #worldorder #China #pakistanreaction #pakistanmediacrying #pakistanfunnyreaction #pakistanarmyfails #ttp #bla #balochistan #pok #boycottcongress #rahulgandi #poledancersonia #geopolitics • #currentaffairs #currentissue #rahulgandhi #congressmuktbharat

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