Why Shilpa Shetty and Raj Kundra invested in IPL

         N February 2009 Shilpa and her husband Raj Kundra became part owners of the Indian Premier League IPL franchise cricket team Rajasthan Royals by paying about $ 15.4m for 11.70% of the shares. The couple shared their motives behind the movement in "The Wealth Report 2012", produced by Knight Frank Property Consultants in partnership with Citi Private Bank ....                  

          

 Very few Bollywood actresses can boast of writing scripts for a successful career outside of his professional stints in the Hindi film industry. Victory is the British version of the reality show 'Big Boss' Suddenly, Shilpa Shetty driven to the forefront of the international star and business savvy to ensure that capitalized on their New popularity. Shilpa has lent his name to products from perfumes yoga DVD, so it's a brand that is easily recognizable and outside India.

 

  In February (2009) Shilpa and Raj Kundra owner with her ​​husband, Indian Premier League IPL franchise Rajasthan Royals cricket team to pay about U.S. $ 15.4m for 11.7% share. Fifth League season, DLF IPL 2012 will start from 4 April, 2012 and continuing until May 27.

 

 

 

But given India's inflation, growth retardation and dismay in the last Indian cricket international performance, Shilpa and Raj to invest wisely? The couple shared their reason for moving in the "Wealth Report 2012", which comes from property consultants Knight Frank, together with Citi Private Bank. Click Next to read excerpts from their conversation.

 

Rich people are curious about the reasons for investing in the game

Raj Kundra (RK): " Once people get rich, they are often not very well known sport can give them some recognition of Spotlight, but more     people want to see it as a good investment"

 

 Their main attraction of the Indian Premier League

(RK): "In our case it was a bit of both, we have not invested in (IPL)'s first season fi, but it quickly became clear that it would be a great fi phenomenon, and the highest figure so very attractive .. in the end of the day is a valuation game. we have lots of advice about what the team was worth and took a calculated risk. Based on current valuations, we see a good investment.

 

How successful IPL is a boost for the country as a whole

SSK: "The nation has more confidence, it is something we are all proud of.".

  

 SSK: "There is an enormous amount of potential in India in tier two cities like Nagpur and Ludhiana. Prosperity is achieved than in the larger cities and the people have much to spend. Luxury goods sales are growing very quickly and I heard that Tier two cities now are the largest buyers of Mercedes in India. "

 Note:- Shilpa Shetty and Raj Kundra spoke with Andrew Shirley in "The Wealth Report 2012 ', produced by Knight Frank Property Consultants in conjunction with Citi Private Bank.