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Chinese woman buys 196 parking spaces for ₹20 crore, doubles rent and wins court battle

Source: Business Today · 1 hr ago
Chinese woman buys 196 parking spaces for ₹20 crore, doubles rent and wins court battle
Image: Business Today

Summary

A Chinese woman purchased 196 parking spaces in a residential complex in 2018 when the location was unpopular due to missing basic amenities. She later raised the rent to twice its original level and successfully defended her actions in court.

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From the original report

The Chinese woman bought the parking spaces at a residential complex back in 2018 when the area attracted little interest because of the lack of basic facilities.

Excerpt from Business Today.

Read the full story at Business Today

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