2006-07-19 01:28:49 · 12 answers · asked by haribol2003 1 in Business & Finance ➔ Investing
yes it is equivalent to buying a good flat in the suburbs of metro cities or a good seed capital for a small scale industry but it is not so big as to lead your rest of life without worries.
2006-07-19 01:34:11 · answer #1 · answered by jobseeker 1 · 0⤊ 0⤋
genuinely the standard premise of this evaluation is faulty, because even besides the undeniable fact that India received it is political independence from Britain in 1947, it is been settled through Indians for hundreds of years, and maximum element of the society were construction perfect alongside even at the same time as the political power structure became once created from foreigners. the U. S. became once usually empty of anybody who would tournament the outline of a "organic" American up until eventually in basic terms some hundred years contained in the previous, and we were very British up except 1776. we've in basic terms been organising as a usa of human beings for the rationalization that then. Taking this into interest, which contain the reality that there are some wonderful drastic adjustments in custom between both countries, i'd might want to say that you quite won't be able to guage both international places in any type and get a good "this one is larger than the alternative and considering the fact that of this"
2016-11-06 19:59:24 · answer #2 · answered by ? 4 · 0⤊ 0⤋
10 Years back you could have bought 5 flats in this amount in suburbs but today not even a single one properly. I think money is going very cheap in india. Days are not far when you will sell your whole house and get two cup of tea.
2006-07-19 01:46:03 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Get the **** out of here hell naw i am not indian and i even knowe this a damn toyota saloon cost 13 to 14 lakh so naw man that is not that much money at allllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll
2006-07-19 01:45:22 · answer #4 · answered by t-mac123 2 · 0⤊ 0⤋
If you earn this much every year then definitely yes
BUT
if you are talking about total wealth then you are on the lower side of Middle Class !!
CA. Deepak Bholusaria
2006-07-19 07:49:10 · answer #5 · answered by DeepakB 3 · 1⤊ 0⤋
What is rich?What is money at all?Think about that....Because.....If you are rich and have many things,live a good life (in material way)....What about if someone rob you?Or some weather catastrophe gets to you (I don t wish that to no one,but that is things who are happened)......What about money and richness then???
2006-07-19 01:43:46 · answer #6 · answered by Danica O 4 · 0⤊ 0⤋
a bit on the rich side
2006-07-19 01:43:19 · answer #7 · answered by 1234 2 · 0⤊ 0⤋
Trying living there with this money and tell me about it when u come back.
2006-07-19 06:13:07 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Moderately well-off.
2006-07-19 01:32:25 · answer #9 · answered by Dilliwala 2 · 0⤊ 0⤋
$42,623.41 probably goes far in India.
2006-07-19 01:32:19 · answer #10 · answered by Anonymous · 0⤊ 0⤋