Anecdotes Realty

Rajesh Khanna’s Realty Example

In 1970,Rajesh Khanna bought a bungalow in Mumbai for 3.5 Lakhs.

Fourty Four years later, in 2014, his legal heirs sold the property for 85 Crores.

This translates to a annual compounded gain of ~ 19.5%

Just goes to show that realty is a great investment in India over long time frames.

3 replies on “Rajesh Khanna’s Realty Example”

Just not possible to buy the bungalow even that time for just 3.5L , my parents bought a 1 bhk same year in far flung malad for 35k. Major cash component in the bungalow purchase that’s not reflected.

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