27 January,2016 09:35 AM IST | | IANS
Booking a two-bedroom flat in the 'Ritz by Danube' housing project here Bollywood actor Anil Kapoor on Tuesday sought similar investments by fellow Indians.
Anil Kapoor
Booking a two-bedroom flat in the 'Ritz by Danube' housing project here Bollywood actor Anil Kapoor on Tuesday sought similar investments by fellow Indians.
Anil Kapoor
Addressing a press conference in this populous city of the United Arab Emirates, the veteran actor was in his element as he told media persons how it was his "Sindhi" wife Sunita Kapoor who okayed the deal in Mumbai a fortnight ago.
"I am an actor and must admit that I do not have that nose to smell business, but my better half being Sindhi is apt at it" he said amid guffaws from those he was addressing.
Calling Dubai his "second home" which over the years had endeared itself to him and his family, he said the "deal appeared lucrative" as real estate was set to appreciate in value in the city owing to the World Expo-2020.
He said Danube Group chairman Rizwan Sajan informed them about Spanish technology being used in the project to optimise the use of space, which was another reason to go in for the buy.
Sporting a beard and dressed in a black suit to match, Kapoor admitted candidly how he was behaving like a real estate agent himself by praising the Danube Group's project.
The actor later told IANS that property in Mumbai was "out of reach for even the richest" and that he and his wife had a harrowing time in finding an appropriate place for their actress daughter Sonam Kapoor.
"Either the place was not good or it was not affordable," he said, contrasting his experience in Mumbai with his Dubai buy which was "both within reach and good".
Sajan said 'Ritz by Danube' was a 300 million Dh project being planned in Al Furjan neighbourhood in Jebel Ali area that was in close proximity to Dubai south, the Dh 120 billion and 140-square km mixed use development, which will host the Al Maktoum International airport and the World Expo 2020.
