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Believe it or not – Investment gave return 1050 times in 58 years
An initiative to promote Financial Awareness by
BISWAJIT DAS
Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy
Relationship Beyond Advising
Call – 9339288488, Mail – dbiswajitifcs@gmail.com
https://www.linkedin.com/pub/biswajit-das/1a/504/148 https://twitter.com/dbiswajitifcs https://www.facebook.com/dbiswajit.ifcs
The iconic Lincoln House in Mumbai was recently bought by in dustrialist Cyrus Poonawalla for `750 crore. The 50,000 sq.
ft property had been leased to the US government by Pratabsinhji Jhala, the Maharaja of Wankaner, for a sum of `18 lakh
in 1957. In the past 58 years, its value has grown 4,000times at an annual growth rate of 15.45%. Most people infer that
the property has given astronomical returns. Has it?
http://epaperbeta.timesofindia.com/Article.aspx?eid=31817&articlexml=GUEST-CORNER-Is-real-estate-the-best-investment-26102015129023
ET – 26/10/15

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Believe it or not investment gave return 1050 times in 58 years

  • 1. Believe it or not – Investment gave return 1050 times in 58 years An initiative to promote Financial Awareness by BISWAJIT DAS Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy Relationship Beyond Advising Call – 9339288488, Mail – dbiswajitifcs@gmail.com https://www.linkedin.com/pub/biswajit-das/1a/504/148 https://twitter.com/dbiswajitifcs https://www.facebook.com/dbiswajit.ifcs The iconic Lincoln House in Mumbai was recently bought by in dustrialist Cyrus Poonawalla for `750 crore. The 50,000 sq. ft property had been leased to the US government by Pratabsinhji Jhala, the Maharaja of Wankaner, for a sum of `18 lakh in 1957. In the past 58 years, its value has grown 4,000times at an annual growth rate of 15.45%. Most people infer that the property has given astronomical returns. Has it? http://epaperbeta.timesofindia.com/Article.aspx?eid=31817&articlexml=GUEST-CORNER-Is-real-estate-the-best-investment-26102015129023 ET – 26/10/15