Date: Tue, 5 Aug 2008 08:17:02 +0530 From: Domnic Fernandes <[EMAIL PROTECTED]> > a) At the end of 2006, my next door neighbor sold her ancestral house and property....she got Rs.15,00,000 net. > b) By the end of 2007, the whole house was renovated in antique style while maintaining its originality. > On the whole, he must have spent a little over Rs. one crore on the house and antiquities. > c) He then put up the house for sale > Last February, one fine evening Akshay Kumar, the Bollywood actor, arrived in Anjuna and by the next morning a deal was reached - he bought the house for his wife, Twinkle Khanna, for Rupees three crores!!! > Mario observes: > I hope Ayres is reading this. More importantly, I hope Ayres is understanding this:-)) > Now we have Twinkle joining Celina and Katrina, and Pandu is probably more excited than before:-)) > What another wonderful story of someone who appreciates Goa, has the money and has economically benefited so many people in Goa by buying and refurbishing an old Goa home that may have crumbled otherwise. > Goa is beginning to bloom:-)) Now, the trick is to control those builders who are bribing officials to get illegal or sub-standard permits and licences and are defacing Goa. > Domnic wrote: > The lady now regrets having sold the house so cheap. What?s the use of crying over spilled milk now? > Mario observes: > Hey, Domnic, > When she sold it, the house was not worth 3 Crores, was it? Didn't you say over one crore was spent in renovating the house? However, to me, Rs. 20,00,000 seems low for 2006 for a big old ancestral Goan home. But all that's water under the bridge. > I think that those who do not need the money should not be in any hurry to sell as their properties are increasing in value. >
