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  • jamesbond007
    09-09 01:44 PM
    Gapala made some very good analysis in his posts on this thread.

    But......
    Looking at the country's GDP to analyze the price of land in a few cities does not make sense. The growth in land value is not across the length and breadth of the country. It is only limited to the big cities which are experiencing the money rush.
    NRI's from the US are only one piece of the puzzle who are funneling in money to India.
    There are NRIs from other countries.
    Then there are business people making big profits dealing with other countries.
    And local business people who have a lot of black money. All of them together are keeping up the prices.

    There also seems to be a change in the thinking of the Indian middle class. Most of our parents' generations were in the habit of saving up money and making purchases with the saved money.(These were savings in a bank account mind you; not investments that grew at a rate better than the inflation.)
    The current middle class seems to realize that trying to save money in a bank in order to buy something is foolish since the paper money is losing its value over time. So they are either investing; or making purchases with borrowed money as long as they can make the EMI payments. Overall, the current middle class is not backing out of buying what they need for lack of money. (This trend will probably lead India in the same path as the US i.e. huge debt for everyone)

    Regarding the question "why would a farmer sit on land valued at $100K, while only making about $1K by farming that land?" Its only a matter of time before they realize their fool hardiness and then they will sell. Pretty soon when the construction begins in their neighbourhood, and prices of all commodities go up so much that they can't live in their $1K income, then they will be forced to sell. Or they might get the wind of a "someone they know" who sold, and they will follow their example.

    Strictly speaking about Hyderabad, there are a lot of farmers who cashed out their lands in the city outskirts. Smart ones then moved out further away from the city and bought more land there to continue their farming. Others are spending their windfall on jewellery, cars and other bling.

    All that being said, it is still scary to me.
    In my opinion, anyone looking to make a quick buck should not get into it at this time.
    If you want to buy because you want to go back and settle there in a couple of years, then that is different.

    [quote] to add to the conversation on the price -> locals are also experiencing a glut of money due to the economic boom in the last 5 years or so. Small businesses have really taken off in a big way exporting to Europe/ US. Investors in the stock market have also hit the jackpot. And, once you have money, for most Indians the safest option to invest is in property or gold.

    Also better salaries all around fueled by attrition of talent to the IT sector. [quote]

    This may be correct to certain extent but only the elite class and creamy layer of 1.8% of total population. When we look at the bigger picture of the country, I could not connect the dots. GDP is just above $2500 and PPP is about $3300. How in the world will you justify $200,000 to $300,000. Plus the cost of financing the purchase.

    In simple terms, median home price is 100 times the GDP and life expectancy in india is 70 years. average work life span is 40 years. Home Mortgages are 15, 20 or 25 years in India which will cover only 1/4th of the median price of a home based on even anticipated high GDP growth and considering moderate increase in cost of living. Given that the risk of default is huge and banks are running at very high risk. I believe buying a house is a big gamble in India and more to that for Banks, lending is also a big gamble.

    Note that according to banks, investment in apartments capitalize only over 25 years in india. (Rent vs. Own) Is this correct? Average rentals in ONLY Big cities are Rs. 12000 ($275 / month $3300 a year) to 15000 ($340 / month $4000 a year) for the same 1000 sqft 2 bedroom apartments which itself is above the GDP :). What that tells me, even the rentals are also not affordable to majority of the population. Back to captalization part 4000 * 25 = 100,000. which is half of the investment... add the alternate investment value for 25 years, capitalization will be way below 50%.
    That means it will take more than 50 years to capatilize the investment. This is more that Mod average work life span of 40 years. Note that Maintenance and Taxes for 25 years excluded in above calc. Are banks stupid?

    I do not know what to tell ya man! To me its really scary

    A small credit crunch (crisis is not required) might bring the entire economy to floor.

    fine print: (Above analysis applies only for working taxpaying people like us who does not have unaccounted money.)




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  • xyzgc
    02-08 11:02 PM
    Wow, there you go! How come it becomes 'stupid' when a girl spends husband's money to support her parents?


    Did I even say this? What are you saying? Go see a shrink :D

    Read first what I said.

    Stop sending money to parents and in-laws, if its possible. Otherwise, maintain parity by sending money in small amounts to both parents. Its stupid to say my wife is not working so she has no business to send money to her parents. Its so wrong and I'm surprised folks can think like this. Marriage is about sharing and even a child will tell you that. If the in-laws are any sensible they won't accept gifts from the son-in-law but its for them to decide.And stop receiving any gifts from either sides.




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  • tsnaresh
    07-15 10:32 PM
    Keep up the good work!!! I have just sent a check for $50 online.
    Thanks




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  • superdude
    08-02 07:29 PM
    It is better to wait till you get your receipt.
    Hello gurus,

    I applied 485 on July 25th,2007. Now can i travel outside of USA, or have to wait until i receive the receipt? Please help as soon as you can.



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  • insbaby
    08-13 04:45 PM
    EB-3 won't need help when everyone else is done because the only people left to allocate visas would be EB-3 only . I guess we are just in for a long long wait.

    That situation never occur. EB2 is going to be always filled up. No one is going to apply in EB3 in future and all in EB2, so all will go to EB1,EB2.




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  • alterego
    02-20 04:15 AM
    I am not entirely sure about the 1% number. I feel it may be somewhat higher than that.
    If indeed the ratio is 1%, then things are very dire, since with the economy as it is, we probably will not see any expansion in EB immigration in the near term.
    Additionally the L1-EB1 route as multinational manager is very much alive and well, and is arguably the preferred and probably only viable route for any Indian prospectively attempting to immigrate to the USA. The numbers of such applicants might be larger than we know. If anyone has any data on that and specifically about the change in those numbers ever since retrogression hit, please post it.
    In all honesty, I know the guys applying anew need a little hope and encouragement, but with perhaps 300K people and rising ahead of you in the EB India queue and slim to none chance of EB expansion in the near term, what are the odds of getting through that line in the next decade?



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  • redgreen
    02-23 01:23 PM
    All the data and inside information point to EB2 and EB3 to become current some time in the future.




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  • mohitb272
    09-13 11:18 AM
    Guys, I wont be able to make it to DC since I have a FP appointment on that date but I made my contribution of $100. Good luck!!!

    Business Name:
    Immigration Voice (The recipient of this payment is Verified)
    Email:
    donations@immigrationvoice.org

    --------------------------------------------------------------------------------

    Total Amount:
    -$100.00 USD

    --------------------------------------------------------------------------------



    Item Amount:
    $100.00 USD
    Shipping:
    $0.00 USD
    Handling:
    $0.00 USD
    Quantity:
    1
    Item Title:
    Contributions
    Item Number:
    Contributions
    Date:
    Sep. 13, 2007
    Time:
    08:37:31 PDT
    Status:
    Completed



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  • chanduv23
    09-16 08:50 PM
    Unable to participate due to prior commitments (travelling in Mid West)

    Contributed $200
    Google Order # 332995467726386

    Appreciate IV's initiative. Thanks a ton.

    Thanks - for your contribution




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  • unseenguy
    02-11 01:22 AM
    OMG , what an utterly disgusting attitude !!! and on top of it, you are trying to "summarize" ???

    I tried to stop myself from posting on this thread since it's based on one guy's circumstances and though I feel sorry for him ( the same way I feel sorry for all the wives and their families being extorted huge sum of money in the name of marriage ) , it's hard to judge these things knowing only one side of the story.

    To each his own , but do you think your parents spent their whole lives bringing you up only to know that you think it's "legally" not right to help them monetarily ???? I guess, they should have not spent that extra money to send you to a good school/college or spend it on your tution classes and kicked you out of their house once you reach the age of 18 , like some parents do here ??? Man, it's hard for me to imagine how one can think like that about their parents.

    When someone gets married they should be grown up enough to handle the money matters and put their foot down in case of any unreasonable demands, it applies to both husband and wife. The intricacies of the "Indian arranged marriage" are difficult to understand and the equations vary from case to case, so it's better not to come to a judgement and come out with something utterly nonsensical.

    I'm sorry if my post is a bit rude , what rude comments beget rude reactions !

    Yeah right. Your wife should cook for your parents all her life because you were sent to a good school by them.



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  • hazishak
    07-18 06:21 PM
    Assuming that the PD cut off date for a specific stream is 2004 Aug and there are still visa nos available but there are not enough application (can this ever happen for real) what are they going to do? They move the PD further up and whenever the pool is depleting they move it back again?

    Assuming they move back the PD to 2000 after they ran out of the nos they start accepting AOS apps for that PD but they donot look at them (for adjudication) until the queue before is cleared based on the receipt date.

    In such a case the PD lost all it's significance once the adjustment of status if filed?

    If receipt date is the only significant date after AOS is filed then retrogressing to a specified date does not make sense as there is no need to accept new applications if they are not going to work on them and particularly when they know the current size of the queue.

    Or May be I am missing something......

    Lets say your PD is/was current in March, April, June and July. You decided not to apply in the previous months and you finally submitted at the end of July. On the other hand i had my PD current on July and i applied. After i applied and before you applied there could be 10k(for example) applications. Now when its time to process application which one they should process yours or mine?. Obviously they will process the one that they got first. They not going to look for the PD and pull out your's from the pile of applications. Its your fault that you have not applied early enough even though your PD was current.




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  • makemygc
    07-06 01:01 PM
    My lawyer told me that they are working on something to accept all applications which reached on july ... lets hope he is right.

    Dude enough of your and your lawyer's crap. I just checked your last post. This is what you claim your lawyer said and this was posted couple of days back.

    --------------------------------------------------------------------------------

    I called my lawyer he said the are accepting applications which reached there before 12:15. does anybody have news like that or he just lying....



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  • snathan
    08-12 11:51 AM
    This will infact increase offshoring.

    These companies will pay the extra fees, but will change their onshore/offshore model. Will use less H1/L1 visas , but will increase the headcount of offshore operations.

    So the smart senator will force more jobs to be outsourced. These jobs will never comeback once gone. If we look back at the 2000 recession, it caused a major shift in the way US companies looked at outsourcing. Pre-2000 many companies didn't believe that all jobs could be outsourced. 2000 recession forced them to think otherwise.

    These kind of bills will cause a re-thinking in corporate america's thought process. They will think of creative ways to outsource. Against this senator's hopes, it will reduce jobs here.

    Not true. Whatever they can outsource, its already gone. There are certain position where the clients demand onsite resource. I am not supporting this bill in anyway, I hate infy as much as I hate this bill. Remember these companies did not leave any stone unturned, milked the client every possible way and expoilted the employees to the maximum extent. In one another post - VLDRao was saying these companies does the tax filing on behalf the emoloyee, get the refund and again claim that tax in india using double taxation aoivdance treaty.




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  • Legal
    07-20 11:10 AM
    Dems are unlilkely to support stand alone EB/ SKIL type legislations. They MAY agree for such legislation

    (1) if they could get some cover with additional legislation like Durbin-Grasley restrictive bill on H1B - taking care of "middle class" "suffering" from "H1B cheap foreign labor" vote bank

    (2) and get some pro-illegal legislation like DREAM act attached; taking care of Hispanic vote bank.



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  • piyu7444
    04-30 07:31 PM
    If you click on the userCP on the top left side on the forum page, you can see a bunch of reviews for your posts, if you have any (be it red or green dots with or without description). But, you won't know from who you received it though.

    so how can you give these dot to other people ?




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  • pmpforgc
    03-07 10:44 AM
    This post is not entirely true.. I have never seen an college(recognized by AICTE) where u will pass only by paying fees.
    There are issues in india , but i have seen many people going back , and settling without any problems. The choice to move is more personal , then what could be discussed here ..

    I was in India recently for a 2 months vacation, and some work from our Indian office,. First few days were tough , lot of dust , traffic , pollution, But after 2 weeks i was loving it the old way .. and when i was flying back i realized I love Delhi .

    If you own a house in the major cities ( ie lot of jobs and business opportunities) then going back makes sense. But if you belong to a small city , and have to move to a bigger city anyway, then living here makes more sense.

    The reality (which is bad) is that if you have money in india , your life style is much better than what u have in US (dont forget , even earning 100K, doesn't really make u rich here , Honda and Toyota are poor people's car in US.. I have seen very few EB applicants driving a BMV,Bentley)

    When i was in India, i went to best hotels for food (2000Rs buffets) virtually every week.,just went to NY once for a 200$ buffet, in 6 years.

    So everyone has to take a personal decision, based on personal factors..

    I would agree with most of what you said that it is personal issue and personal choice. if you feel here homesick then better to go home at the earliest.

    I toally dis-agree with you in terms of education issue. I am in education field since I was born (as a student and as faculty both in India and US) so I had seen closely both sides of the coins. Our education system in India is detoriating day by day with no quality control on private institutions and no nation wide approach for QUALITY of education. We have made education available to every one (mostly !!) but during that process we have made it to go in to the tank. With few good institutions among the thousands of colleges and universities does not make it good quality. Percentage of below standard education institution are increasing day by day. Each time I go back home and see how the education is detoriating, I feel deeply sorry about state of education in India. Opening college in every village and giving degree to every one who wants does not make good education. In old days we were giving those degrees to only one those deserve it and can earn it. That is why our old mass of graduates was highly acclaimed all over world. Now a days our average scientist and engineers ( I am not talking about all high quality one from population of billion !!) is very poor.

    Also just to Add here same AICTE who approves technical colleges in India, Its DIRECTOR in CHIEF was under govt investigation of messive corruption in the approval process of the institutions.

    So dont feel so good about CURRENT and FUTURE education system in India, unless we try to improove the QUALITY issue of our technical graduates at put it AHEAD of QUANTITY OF GRADUATES



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  • bharani
    09-11 04:41 PM
    Count me in




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  • Milind123
    09-13 08:33 PM
    Here you go Buddy

    Order Details - Sep 13, 2007 8:43 PM EDT
    Google Order #745174720427596

    As i always say.

    GO IV GO

    Thank you akhilmahajan. I will post my contribution shortly.




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  • vkxml
    07-05 12:21 PM
    I suggested this other day - nobody responded. Please anyone attending TANA can you please contact organizers and see if they can arrange couple minutes of Hillary's time to highlight this issue.


    http://71.18.190.102/index1.asp
    This is the website for Tana

    Following are the members associated with it. Can anyone get in touch with them.

    Dr. Bandla Hanumiaiah
    PRESIDENT, TANA
    (248) 470 1630
    president@tana.org


    Dr.Yadla Hema Prasad
    Co-ordinator
    (301) 801-6973
    hemayadla@
    yahoo.com


    Jayaprada Valluripalli
    Deputy Co-ordinator
    (301) 869-9590
    jayapv111@yahoo.com

    Satish Vemana
    Regional Vice President - East
    (703) 731-8367
    vemanasatish @yahoo.com




    wandmaker
    03-12 11:39 AM
    No, it does not even do that. it does not let FOIA donors logon too.
    First, the whole concept of donor based organisation is so stupid.
    I mean really stupid.

    If the donor based thing is ON, the future of IV is not good.
    Yeah, IV does good work by talking to people all around, from different stratas of lawmaking and what not.

    but get real, look around guys, information is everywhere, not only here. and you are working for the greater good of the community, only donors are not going to be benefitting from this.

    Instead of making donor based posts, have a FOIA kinda drive every now and then.

    unbelievable, and to top that, even donors cant access the so called 'DONOR posts'.
    talk about low life bureaucracy, welcome to IV.

    This is how You release code to PROD? no user testing at all?
    and the entire paid thing is the beginning of the end. not good.
    why didnt we even have a poll on this? crazy crazy idea.

    If you are talking about great good of the legal immigration community then you should try to contribute a bare minimum but NO ONE HERE IS FORCING YOU TO CONTRIBUTE, it is just that you will not have access that particular forum. It is America, You don't get free meals everyday.

    No offense but IMHO, the real crazy crazy thing would be owning a red dog.

    Please fill in your IV profile for the greater good of the community




    anurakt
    01-03 01:49 PM
    I have somebody in my family who is suffering from an incurable disease , thus I wan't to stay in this country till a medicine comes out. This country is known as the pioneer in the reserach of medicines . It may take 10 years for it to be in market but it may take another 25 years to be in India. I have been working with lot of pharmatuticals firms which may come out with a treatment.

    GC is not important to me for money ! Never. I want to make sure that my family member gets the best treatment available in the world.



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