The UK media is abuzz with stories of super wealthy Indians shaking up London’s real estate by investing in expensive property, plus a rags to riches story of two Indian brothers who are the proud owners of a magnificent mansion in London.
Apart from indulging in property shopping in their own country, some moneyed Indians seem to be changing the real estate scenario in London. According to a news report, super rich Indians buy up to one billion pound worth of luxury property in London’s plush Mayfair in just a year. The estimated number of Indian families owning luxury properties in the area is 3,000, and they have spent a whopping £ 450 million to invest in 221 residential properties.
This story is from the December 2017 edition of SOCIETY.
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This story is from the December 2017 edition of SOCIETY.
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