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Wealthy Indians Investing in UK PropertiesThursday, April 12, 2007
Indians are making large investments in high end property in London and outside it as well. A multitude of Indian companies are establishing offices in London to make hard cash on its geographical and financial advantages. This is why the prime real estate has become a common hunting ground for Indian entrepreneurs. The steel tycoon, Lakshmi Mittal, has shell out a whopping 576.1 million pounds for a property in the Kensington Palace Gardens. Realtors in Britain are increasingly setting up special desks for Indian buyers. Savils, Hamptons, and Knight Frank are among them. Savils aims at expatriating Indians based in Hong Kong, and the US, with a view to make them interesting in London properties. UK has seen as a gateway and a jumping off point to international markets which includes the attractive European Union as well.
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