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Pran Arora Profile picture
Pran Arora
@PranArora9
Regional Lead- Sumitomo Chemicals -Asia , Australia , NZ.
Jul 25, 2020 • 14 tweets • 6 min read
n/1

Real Estate is suffering and is expected to suffer a lot in coming year , then why I'm buying Godrej Properties ? n/2

Real estate is in distress, residential & commercial real state industry is going to shrink .

Reasons : refer to the picture !
Jan 11, 2019 • 21 tweets • 4 min read
Tweet-Storm - Investing in Gold -a long bet -2025

1/1 Do you know that in August 2011,international gold-price was US $ 1948.And US $ vs rupee was at Rs 44.73

Due to above , in 2011, domestic gold-price for 10 gm(Tola ) price was Rs 30745 (One ounce contains 28.34 gms ) 1/2 Today international gold-price is US $ 1290 and domestic gold-price per 10 gram in Indian rupees is Rs 32090 .

So although international gold-price came down by 33% in last 8 years ( from 1948 to 1290 ) , domestic gold-price has remained same due to rupee depreciation.