Meet Indian Man Who Owns Land On the Moon

Author : Odisha Today Bureau | Posted on: 2019-07-31

Rajeev V Bagdi, an Indian man who purchased a 5-acre plot of land on the moon for just Rs. 9,500 back in 2003, hopes to move there with his family during his lifetime, thanks to the successful launch of India’s lunar mission Chandrayaan-2. Investing in real estate is something of an obsession for us Indians, and we have an eye for a great deal. When a plot of land goes on the market, we can usually gauge the area’s potential for development with unerring accuracy.


Moreover, the same foresight led Rajeev V Bagdi to invest in a 5-acre plot in 2003, in an area where there were no good schools, metro connectivity, or shopping malls nearby - simply because he saw great potential in the location.


The deal he got on that prime piece of property is out of this world (quite literally), because the land happens to be on the moon! 


Fascinated by the moon ever since he was a child, Bagdi came across an article regarding the sale of land on the moon while surfing the internet. A stock market analyst and the owner of an ayurvedic store, he put his business acumen to good use, conducting thorough research before going through with the purchase.


The deal was completed by New York-based Lunar Society International in 2003, and it cost him only $140 (approximately Rs. 9,500). You won’t get rates like these on Earth, that’s for sure!


Rajeev owns official documents issued by the Lunar Republic, including the registered claim and deed for his lunar property, declaration of citizenship, and a map of the land’s exact location.


“Rajeev Bagdi is the true and legal owner of the property located at Mare Imbrium (Sea of Rains) 32.8 degree(s) north latitude, 15.6 degree(s) west longitude track-30,” reads the deed registered by the Lunar Registry in New York on July 27, 2003.


However, unlike most Indian uncles’ inclination to buy property and give it out on rent, he has every intention of living on his lunar plot.


The successful launch of Chandrayaan-2 has given him hope that moon tourism will start by 2030, allowing him to fulfill his dream of moving to the moon with his family.

Leave A Comment

Odisha Today Talks to Sri Nishikanta Mohapatra, Convenor, AA...
Destruction by Cyclone "Fani"--Utkal University, O...
Odisha Today Talks to Sri Nishikanta Mohapatra, Convenor, AA...
Destruction by Cyclone "Fani"--Utkal University, O...
Odisha Today Talks to Sri Nishikanta Mohapatra, Convenor, AA...

International News

You May Also Like

News Poll

Is the corporate tax cut declared by FM Sitharaman sufficient to ward off the present slowdown in the economy?

A) Fully sufficient
B) Not helpful
C) Somewhat helpful
D) Cannot say

News Updates

US Clears to Sale of $1 Billion Worth Naval Guns t
Reliance Petroleum Become World’s 6th Largest Oi
Easier to Build Partnership with India, with China
Amit Shah Makes Big Statement in Parliament— ‘
SC Orders Kerala Govt to Make New Law for Sabarima
One Fifth of All Foreign Students in US Are Indian
Paresh Rawal Comes Out in Support of Muslim Profes
Korea Masters 2019: Srikanth, Sameer Through to Se
‘Govt Continues to Meet Investors to Sell off Ai
US Religious Freedom Body Concerned About 1.9 Mn A
Internet Connection in Kashmir Will Be Restored at
Rajnath Singh Pays Tribute to Indians Died in Seco
Vodafone India in Tussle with Income Tax Dept
Sharad Pawar-PM Modi to Meet on Farm Crisis Today:
Sri Lankan Newly Elected President Gotabaya Rajapa
‘Wait Till Tomorrow Afternoon’—Sanjay Raut o
Youth Congress to Protest Against Withdrawal of SP
JNU Moves SC for Contempt Action Against Students
Four Rockets Fired from Syria Intercepted, Says Is
Vodafone Idea, Airtel to Hike Tariffs from Decembe

Bhubaneswar (Ekamra) Assembly Constituency BJP Candidate Bab...
Bhubaneswar (Ekamra) Assembly Constituency BJP Candidate Bab...