These are the excerpts from an interview given to a correspondent from a middle eastern leading newspaper sometimes in 2007. When I stumbled upon some of our utterings earlier, It was easy to pat ourselves on our back to think through how & why we were proven right about our projections about the Indian real [...]
RAMESH MENON’s BLOG
If you burn your finger in a pot of boiling water, should you blame the water, the pot, the fire or yourself?
Archive for August 12th, 2008
HOW TO CREATE WEALTH IN REAL ESTATE
Posted in August 12th, 2008
CREATING WEALTH IN REAL ESTATE (INDIA)– THE GROUND REALTY APPROACH Sam Joseph, the CEO of a large MNC organization in Gurgaon, on his return from the USA, was introduced to me, at a social function. When we exchanged cards, the inevitable topic of Realty Investments came up. As is wont to happen with most [...]
Do-Rent to create wealth in Real Estate
Posted in August 12th, 2008
Mr. Saluja, aged 62, wanted to gift his daughter a regular disposable income, rather than an asset. He booked a 1000 sft demarcated office space in a corporate tower in Gurgaon, in year 2002. That year, he bought it @ INR 3200 per sft. In 2004, when took possession of the same, he started getting [...]