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Indian Tycoon Spends Daughter’s Wedding Budget On Building 90 Houses For The Homeless

'We have some responsibilities towards our society.'

16/12/2016 11:13 | Updated 16 December 2016

An Indian businessman has put the money he would have spent on a lavish wedding ceremony for his daughter to an inspirational use.

Ajay Munot, who made his fortune in the trade of cloth and wheat in the Aurangabad district, had been intending to spend around £95,000 on festivities to celebrate daughter Shreya’s nuptials.

But after a friend’s suggestion, he decided to spend the money on building houses for the homeless, the Indian Free Press Journal reports.

Ajay Munot with his family and daughter Shreya (right) 

Munot’s funds have resulted in the creation of 90 homes on two acres of land, all for rough sleepers.

Ajay Munot told The New Indian Express: “This is the new chapter in history and I hope that the same concept will be followed by the other rich communities.

“We have some responsibilities towards our society and we tried to comply with it.”

His daughter Shreya told ANI News her father’s gesture was the “biggest gift for her wedding.”

According to reports the happy couple handed out keys to the new homeowners after their wedding ceremony.

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