Kamal Rathi

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Indexed cost takes care of inflation rise

I have an ancestral property — a plot of land in Mumbai purchased in 1950 by my grand father. I have got the plot transferred on to my and my sister’s name and would be selling it off around next week for Rs 4 crores. I want to have about Rs 1.5 crore liquidity in form of bank deposit or interest bearing deposit and the rest in property.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.