DARE - Because Entrepreneurs Do

Who in the world is Anurag Dikshit? Not many in India would recognize the name, or the face, if they were to see his picture. But he belongs to an exclusive club of 36 people; people, whose names and photographs adorn newspaper front pages, magazines and TV bulletins every day. So, who is this Anurag Dikshit? And which is this exclusive club of 36?

35-year-old Dikshit is the youngest billionaire of Indian origin in this year’s Forbes list, And the combined networth of these 36 is just under $200 billion! Dikshit, an NRI and the gaming tycoon based out of Gibralter. He developed the hugely popular online poker site – partypoker.com. His party, however almost came to an end as he pulled out of the US last year due to tightening anti-gambling rules. So from $3 billion in 2006, his fortunes slipped to $1.6 billion this year.

There is definitely more to India than what outsiders would like to believe. The latest list of billionaires stands witness that in addition to our apparent excellence in the snake-charming sector, we happen to excel in manufacturing, IT, telecom and real estate sectors among a few others. Steel, IT and telecom have been forever green, throwing up old guns with Lakshmi Mittal, Azim Premji, Kumaramangalam Birla and Shiv Nadar who have made constant appearances in the list.

For those companies listed in India, the treasure seems to be hidden at Dalal Street. A close link between hot sectors and the stock market has made many build fortunes but the lucky ones made it to the elite list. New-economy sectors such as IT, biotech, media and real estate churned out more billionaires in the last three years as they hit the IPO trail one after the other.

Real estate and construction has made its pot of gold at a quick rate. Kushal Pal Singh of DLF, doubled his billions from $5 billion in 2006 to $10 billion in 2007. Joining him further down the list are Unitech’s Ramesh Chandra, Parsvnath’s Pradeep Jain and Oberoi Construction’s Vikas Oberoi, making real-estate the sector with the highest number of new billionaires this year. P N C Menon of Sobha Developers, a construction company, is an Indian settled with Omani citizenship and the owner of a personal fortune worth $1.3 billion.

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Realestate Agent
written by realestateagent, August 21, 2010

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Residentail Apartments
written by Property india, July 14, 2010

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Property in india
written by Real estate india, July 09, 2010

Nice list on real estate i like it.

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Real Estate
written by dmk_hbti, July 09, 2010

Nice information posted on real estate india. Now, it's easy to buy the property with the help of real estate consultants. the above discussion is true.

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