Rasesh kanakia biography examples
Rasesh kanakia biography examples in hindi
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Rasesh B Kanakia
According to Kanakia Group's Rasesh Kanakia, there is no better business than commercial real estate
Rasesh B Kanakia has a pretty straightforward investing philosophy.
“The return should be at least twice as much as inflation,” he says. That probably explains why he invests 80% of his wealth in real estate, the sector that brings in his daily bread. To his mind, there is no better business to be in than commercial real estate.
Rasesh kanakia biography examples
“It can give you a return of at least %. Compare that with an investment in a large weekend home, which really is a dead investment,” he says. His real estate portfolio includes three schools in Mumbai, a hotel property in the city operated by Marriott and another hotel that is coming up in Goa.
Kanakia’s decision to invest 20% of his wealth in insurance and mutual funds is not without reason.
“The insurance bit is really for the family, and that is something I have done for a few y