
Set sail for a spot of fun
"Luxury yachts are promoting fractional ownership for first-time buyers.
In London, the city of big bonuses (this was somewhat before the sub-prime crisis), there is this saying that there are the-haves-and-the-have-yachts.
India hasn’t reached that stage yet. Though there are many whose net worth is worth salivating over, they are yet to progress to the “have-yacht” status.
But all that is likely to change soon with a handful of yacht distributors trying to get Indians to buy yachts by introducing the concept of fractional ownership. It is probably the best way to have a billionaire lifestyle without having to spend like one".- BusinessStandard.com
"Luxury yachts are promoting fractional ownership for first-time buyers.
In London, the city of big bonuses (this was somewhat before the sub-prime crisis), there is this saying that there are the-haves-and-the-have-yachts.
India hasn’t reached that stage yet. Though there are many whose net worth is worth salivating over, they are yet to progress to the “have-yacht” status.
But all that is likely to change soon with a handful of yacht distributors trying to get Indians to buy yachts by introducing the concept of fractional ownership. It is probably the best way to have a billionaire lifestyle without having to spend like one".- BusinessStandard.com
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