Family Turns 56 Lakh Gold Investment into 8 Crore Through Land Purchase Strategy
5 hours agoBusiness
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1 SourcesAhmedabad, India
TBNthebalanced.news
Family Turns 56 Lakh Gold Investment into 8 Crore Through Land Purchase Strategy

A Marwadi family reportedly grew an initial asset of 56 lakh in gold into over 8 crore by leveraging a gold loan to purchase land in Ahmedabad. Instead of selling the gold, they used it as collateral for a loan, which funded a down payment on land. Both the gold's value and the land's price appreciated over several years, demonstrating a strategy of patient asset utilization and wealth creation.

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