As gold prices crashed, Makrand Deshpande's Sona Spa saw huge turnout
Makrand Deshpande's Sona Spa is in huge demand after gold prices in India and globe crashed sharply today. According to experts, people who lost their money in gold visited Sona Spa for relaxation. Sources close to Makrand Deshpande said that Deshpande even had to face outrage of many customers on limited availability of seats.
"Yes that's true. As I was unable to attend every customer, they are coming on appointment only," said Makrand Deshpande, who recently launched Sona Spa along in a partnership with Naseeruddin Shah.
Gold prices crashed today on account of weakening global growth, particularly China's GDP growth tumbled today. Currently, prices are trading at Rs26000 levels down from the highs of Rs32000 levels. Therefore, crash in the gold prices resulted in heavy demand for Sona Spa.
"At one point of time, there was a queue of at least 1000 people," said an eye witness who saw the madness of people for booking an appointment with Sona Spa.
Makrand Deshpande launched Sona Spa on March 22 with an idea to help people using revitalization techniques. He appointed many beautiful girls. However, after initial poor response Makrand Deshpande sacked all the girls and he himself started massaging people. Naseeruddin Shah works for part-time.
The eye witness said "People realised that only Sona Spa can reduce their depression from losing money in bullion market and will allow them to sleep nicely."
The eye witness also saw equity market expert SP Tulsian at the venue discovering the possibility of getting an early entry.
"He was asking Deshpande for early entry to get some relaxation after losing huge money in the gold market. He put a plan of exchanging his stock tips at free of cost for entry in Sona Spa," said the eye witness.
SP Tulsian confirmed the news.
"Sona Spa is best place where people can remove their aggravation and revitalize themselves. Even I had been there and made myself comfortable. I trust in fundamental value of the Spa and I think it has bright prospects," said market analyst SP Tulsian.
Tulsian said that he bought 100kg gold at Rs 32000 levels after he received SMS from commodity tipper saying that gold would touch 50000 rupees in 2 months.
"Yea that was the wrong call. It was first time that I had not trusted on my own fundamental idea. I was feeling that gold could have touched Rs 10000 levels but still I believed on tip. Now I can't even average it out," said Tulsian.
However, he thanked Sona Spa for helping him getting rid of his frustration.
Skinny actor Deshpande said "My idea behind launching Sona Spa was only public welfare. Sona hai toh sona hai. Tagline of my Sona Spa is 'You can buy your sleep here'."
He said "It was difficult to manage depression from losing 10-20% value in gold. Sona Spa takes care of your frustration and helps you out to become comfortable. I myself give you good massage and relaxation treatment as all lady attendant left the Spa for non-payment of salary."