Prashant Kishor's Rs.73 crore property portfolio: When does owning real estate become too much?
New Delhi, Aug. 17 -- The election affidavit of Prashant Kishor, the founder of the Jan Suraaj Party, offers a crucial personal finance lesson: the significance of having a well-diversified asset allocation strategy. Without a proper investment strategy, ensuring growth is difficult.
His portfolio also raises a fundamental question-how much is too much when it comes to property, and how should investors plan and divide their wealth across real estate, equities, bonds, gold and other asset classes?
It is important to note that Kishor has declared non-agricultural land with an approximate current market value of Rs.9,75,00,000 and residential buildings, including inherited properties, with a current market value of Rs.73.87 crore, as per ...
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