Rs.50,00,000
 
First of all let’s see what Rs.50,00,000 also mean?
- Rs.50 lacs (or lakhs)
-  5 millions 
-  Half a crore (=half of 100,00,000)
- Equal to about
   62,500 GBP  (@Rs.80)
   87,920 EUR  (@Rs.56.87)
 127,226 USD  (@Rs.39.30)
   35,226 KWD (@Rs.141.94)
 
We now see what its worth in Goa?
 
1 Good size apartment in Panjim/Miramar/Caramzalem
2 Shops in Miramar
1 Shop in Patto Plaza 
See Patto Plaza here http://youtube.com/watch?v=7Bl_CeerDpM
1 Plot/Land of area 700sqmtr at Porvorim

You can add more..
 
OK, lets see what returns it may fetch if we kept the same in the Indian Banks.
 
Assuming it remains one year in a Bank’s  Fixed/Saving a/c.
Rs.2,45,000 (@4.9% NRE)
Rs.4,62,500 (@9.25 domestic/Taxable)
Rs.1,75,000 (@3.5 SB a/c)
3,400GBP (@5.44 Foreign Currency deposit GBP)


 
 

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