GOLD SHINES AS EVER!!!!!!!!!!!! And Realty prices hit the peak!!!!!

THE GOLD PRICE PER GRAM REACHED RS2975/-   over the weekend and the average assets under management, for gold exchange traded funds, doubled to Rs 9,620 crore for the year ended March 2012, according to Sebi data. Investors either saw value of their investment fall in equity funds or pulled money out of them during the same period and invested in Gold (ETF) and Real estate.

There has been a sudden jump in the realty prices, in and around Bangalore in the last two years and the appreciation is in the range of 20% to 60% in the vacant land or plots with clear titles and 10% to 30% in the apartment sector and there has been a consistent demand for the residentially/commercially converted land.  Villas are by far the most sought after and the designer enclaves are the latest fad and fab.