The Financial Express on Sunday
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Sunday, April 15, 2001   
  Talking Money  
  Top Stories  
   RBI asks banks to aggressively market gold deposit scheme
 
HDFC Bank net rises 75% to Rs 210.10 cr
 Convergence bill likely to come up in current session
 Punish the guilty, spare the movement: Co-ops
Loan takeover war leaves customers smacking their lips
 
     

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Retreat for the super rich
A 4-bedroom world-class villa at a hill station on the Western Ghats with all amenities and recreation facilities commensurate with a luxurious lifestyle may seem like a dream. But, for Rs 4 crore, it is possible to get a one-acre plot, with a villa built over 4,000 sq ft, at a hill station 1,000 feet above the sea-level and 25 km away from Lonavala, Pune. One can even make additional construction on another 2,500 sq ft area at one’s own expense. And, of course, access to all the amenities and recreation services is free for the residents of these villas. Moreover, one can get back the money after 8-10 years. This is the Sahara Lake City at the Amby Valley.

Own your dream house, now
WNING a house was never easier. There are several reasons now. After the recession in the housing industry, the property prices have bottomed out and the prices prevailing now are the cheapest.

How long will e-shopping stay out of the tax net?
THAT the future of money is virtual, is now a stale contention. No one is really arguing against it, not even after retail sales over the Internet failed to live up to the expectations of number crunchers last year. The National Association of Software and Service Companies (NASSCOM) expect e-commerce to treble this year to Rs 7,500 crore!

Telling the fake from the real
THE question of authenticity is always a troubling one as far as art is concerned. Recently, two Goya paintings have been called into question in a museum in his native Spain. There is no end to quibbling on this issue. The reason is that unscrupulous dealers tend to pass off works of lesser-known contemporary artists as those of better ones.

   
         
       
         
© 2001: Indian Express Newspapers (Bombay) Ltd. All rights reserved throughout the world.