| LIFESTYLE: Fractional sailing is time-sharing for the use of a yacht among the owner and five or six other people.
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| If you dream of sailing in the high seas but find the cost and maintenance of a yacht restrictive, “fractional sailing” is just the thing for you.
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| Fractional sailing is time-sharing for the use of the yacht among the owner and five or six other people. One has to pay only a fraction of the cost of the boat.
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| Mumbai-based Aquasail will be soon launching this service for the uninitiated sailor.
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| “Fractional sailing acts like a bridge for the people who wish to experience sailing before deciding to invest in a yacht or a power boat,” Aquasail Director Shakeel Kudrolli said here.
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| Founded in 2004, Aquasail represents leading sailing and water activity brands like Beneteau, France yachts and powerboats, Hobie catamarans and Neil Pryde Windsurfing.
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| Despite the absence of marinas to park, yachts are fast gaining popularity among the high networth individuals.
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| Boats ranging from Rs 20 lakh to over Rs 2 crore are the new symbol of luxury, just like foreign cars and executive jets.
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| “Last year, the industry did a sale of about Rs 50 crore in India and we would not be surprised if it grows to Rs 150 crore this year,” Kudrolli said.
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| Aquashare, the timeshare division of the company, will help owners to lease their yachts for a cost as these boats are used only two to four days in a month.
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| By paying about one-tenth of the cost, sailing aspirants could own and use these yachts.
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| With an online scheduler and high quality maintenance and servicing, Aquashare aims to offer a hassle-free way to own a yacht or a powerboat.
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| “We will also teach sailing to the people apart from offering providing all hospitality to them. We expect to have at least 30 members in Aquashare initially,” Kudrolli said.
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| A premier yachtsman, Kudrolli won for India its first ever gold medal on international waters at the Asian Championship held in China.
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| He said there was a great market for leisure sailing in India and Aquasail will soon unveil Sailience, a corporate sailing solution.
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| “Through Sailience, we will introduce people to the experience of sailing. A range of programmes and events by encompassing sailing dinghies to large sailing yachts will provide them an experience and help them in team-building,” he says. |
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