How to become a son of a farmer by applying ₹ 50 thousand, the owner of ₹ 20 thousand crore, interesting is Rameshwar Rao’s success story

New Delhi. It is said that a person who believes in his dreams and shows the courage to take risks on the spot, no one can stop him from being successful. This has proved this to be true by Jupalli Rameshwar Rao, owner of Maha Cement and My Home Construction Company. Born in an ordinary farmer family in Mahbubnagar district of Andhra Pradesh, Rao had to walk several kilometers daily in childhood, because his father had no money to get him a bicycle. After reading, he became a homeopathy doctor and started running his clinic. But, 50 thousand rupees made in one of his plots reversed his luck and took him on the path of earning money.

If Jupalli Rameshwar Rao had not bought a plan at that time, he would have been running a homeopathic clinic in Dilsukh Nagar, Hyderabad. According to Forbes, today his net worth is ₹ 20,880 crore ($ 2.4 billion).

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Studying homeopathy

After finishing school studies, Rao came to Hyderabad in 1974 and started his homeopathy. Students used to do politics in college and also participated in social work. This made his good contacts. After completing his studies, he started a homeopathy clinic in Dilsukh Nagar. Because he was quite social and he had a good acquaintance, then his clinic went well.

This was the time when the real estate business started in Hyderabad. The population was increasing and also demands for houses and plots. Rameshwar Rao did not have much knowledge of property. However, he was not more happy than the earnings of his homeopathy clinic. One day one of his friends told him about a plot and asked him to buy.

Rameshwar Rao juggled for 50 thousand rupees and bought the plot. He had no idea of ​​real estate, so he also feared that his money would not be drowned. But, this plot gave him three times the return in a short time. At the same time, he also showed a new path to him. After this, Rameshwar Rao decided to try his luck in real estate business and closed the Homeopathy Clinic.

Rameshwar Rao formed a real estate company in 1981 named My Home Consuction. He got tremendous success in real estate business. On seeing this, he started speaking in the real estate market of Hyderabad. He built many residential societies and commercial buildings.

Cement business started in 1997

In 1997, Rameshwar Rao laid the foundation of his cement company called Maha Cement. In 2009, he raised Rs 1429 selling his 50 percent stake in the company and expanded the work of Maha Cement. In 2013, Rao acquired Jayajyothi cement for Rs 1400 crore. Today Maha Cement produces annual annual cement annual and is a major cement company in South India.