Saneprice.com is back up

After a hiatus, http://www.saneprice.com is back up.

I have been trying to figure out what the real price of real estate in India is and I get really frustrated by the lack of transparency in the system.

Recently, I tried to find out what the going price for the land I bought in Bangalore in 2004.

The layout has an email list. I ended up emailing about 2 dozen people who sold / tried to sell land in the past 6 months and guess what, prices were 40% apart and there are NO buyers right now.

Buyers have a right for this information and my hope is they would be willing to provide it as well.

In the US, one can quickly find out the current, past prices of any location and make your judgments accordingly. In India, it is impossible to do that.

As a geek and I wrote a website to try to achieve this. I want to crowd-source this information and see if we can generate trends from the data.

For now, I seed the data from various realty sites, based on the sellers listed price.

Ideally I need this information from users [they can be anonymous and don't have to give specific details]. In an ideal world, there must be a Government entity that has all the records of real estate transactions, but given how black money works in the Indian Real Estate system, that data would be useless.