1000 People will become Millionares Overnight!!!
Yes More than 1000 middle class families are going to become millionares overnight within few days. Its a jackpot of its kind that no one (not even them) had ever imagined.
With the recent Economic developments in India, There has been huge rush to buy out the propperties in prime cities. Mumbai ( Bombay ) which is considered to be the economic Hub of India is the frontier in this race. The property rates have sky rocketed in the sub urban areas on Mumbai / Bombay.
As there has been acute shortage of open land available in these areas, Re-development is the only option that is left here.
In what is said to be Mother of All Development deals 3 different developers are offering approx 800 families more than 10 million Rupees Each depending on their Total Area.
At Suburban Area Santacruz, Approx 600 families having area ranging from 300 Sq feet to 5000 Sq. Feet are offered from Rs. 18 Millions to 50 Millions accordingly.
In Another Deal at Khar Another prime suburban area , 50 Families are offered Huge amount of Rs. 50 Million each. However these members are unlikely to accept this deal as there are other developers who are ready to offer even more than this amount.
Third Likely Deal Has occured at Bandra area where 500 Families are offered Rs 10 Million for area of around 150 Sq. Feet!!!
According to property analyst, there would be many such deals in the near future and also the other property rates would be highly affected due to these deals as there would be around 1000 millionares out there to find an alternative accomodation!!!