Going once, going twice for Kats

Jan 15, 2011 - Age Correspondent

An upswing in your fortunes is a good enough reason to upgrade your possessions. Katrina Kaif, enjoying a blissfully successful run at the box office, is certainly entitled to trade in the flat she bought a few years ago at Rizvi Complex in Bandra, for something swankier. And that’s exactly what Kat is doing. But the booty from the flat’s sale may be just a little lower than her expectations.
An estate agent revealed that a bidder recently offered a price of `13 crore for the apartment. But before the deal could be signed, Salim Khan (Salman Khan’s father), who is handling the sale for Kat, stepped in and said that they would settle for nothing less than `18 crore. Miffed, the potential buyer backed out, saying the flat certainly wasn’t palatial enough to deserve that price.
With realty pundits predicting a further 20 per cent drop in real estate prices, will turning down the offered price cost Kat dearer than she thought? Only time will tell.

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