Chartered Accountant (CA) Nitin Kaushik has revealed the secrets behind the wealth creation of the wealthy. He says that India's richest people don't chase the glitz of the stock market or crypto. Instead, they quietly amass wealth through seemingly boring assets like parking lots, cold storage, toll roads, and warehouses. According to Kaushik, these assets consistently generate money every day and are fully supported by banks and the government, while ordinary people gamble by investing in IPOs or the stock market.

Nitin Kaushik shared a post on the social media platform X, which has garnered numerous reactions. In it, Kaushik explained how India's richest people build empires not through ostentatious or speculative activities, but through assets we often overlook. He emphasized that building great wealth doesn't require glamorous ventures or betting on market fluctuations. Instead, he pointed to "boring money," i.e., assets that provide reliable, regular income and are well-supported by banks and the government.

The earnings figures from "boring" assets are astonishing.
Kaushik compared the habits of the typical middle class with the wealth strategies of India's richest families. He said that the middle class pursues stocks, crypto, and futures options (F&O), while the wealthy invest in sectors with steady demand. These include parking facilities in major cities, cold storage for farmers and FMCG (fast-moving consumer goods) companies, and warehouses on highways. According to Kaushik, "These are businesses with sustainable demand."

The earnings figures from these "boring" but robust assets are also quite astonishing. Kaushik explains that a parking lot in a mid-sized metro city can generate ₹2.5-3 million per month. Meanwhile, a 10,000-square-foot cold storage unit can generate monthly rents of ₹8-12 lakh. A toll plaza on a busy highway can generate revenues of ₹10-15 lakh per day.

Kaushik also explained that banks are more comfortable lending to such properties because their income is more predictable. These properties are much easier to finance than startups, which face a lot of scrutiny and uncertain returns.

This is also a reason for investing in "boring" assets.

According to Kaushik, India's wealthy also prefer "boring" businesses because of the tax benefits they offer. Infrastructure assets like cold storage and warehouses receive tax breaks, depreciation benefits, and GST credits. This significantly reduces taxable income.

Kaushik said, "The middle class pays taxes. Rich people legally save crores. This compounding advantage helps the wealthy grow faster. Kaushik also added that debt is beneficial for them because a stable income allows them to easily borrow and expand their business.

Kaushik's post also provides some real-life examples. Companies like D-Mart control costs and profits by building their own warehouses near metro cities. Companies like IRB Infrastructure earn over ₹300 crore annually from just one toll project. Families with cold storage facilities in Gujarat earn crores annually by renting space to farmers and large FMCG companies like PepsiCo. Kaushik said, "These are not flashy startups. They are silent cash machines that run India's supply chain. The families behind them often hold local monopolies."

Questioning conventional thinking
Kaushik offers a practical path for those who want to enter such businesses. For parking, you can tie up with malls or housing societies. For cold storage, partner with farmer groups or market operators, as these also offer government subsidies. For warehouses, lease land near highways and rent it to e-commerce companies. For petrol pumps, you can acquire franchises from companies like HPCL, BPCL, or IOCL. This requires an investment of approximately ₹25-30 lakh. Additionally, there are low-capital market instruments like REITs and InvITs, which are linked to income from infrastructure. Kaushik advises, "Start small, grow slowly. This is how rich people operate."

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