By: Vikas Bamotra

Vikas Bamotra — Tue, 15 Jul 2008 06:53:54 +0000

Steel magnate Lakshmi Mittal is planning to invest in the company behind upmarket country hotels in Europe that include the luxurious Cliveden in Oxfordshire and the Royal Crescent in Bath — founded by Queen Elizabeth 1. They also own property among surrounding hills and in the valley of the River Avon around hot springs where the Romans built baths and a temple.

By: riathareja

riathareja — Thu, 26 Jun 2008 10:15:46 +0000

Indians have emerged as the largest property buyers in the UK thereby contributing to economic development of the country, as per the data compiled by real estate firms and British Government research. Indian companies in UK has pushed corporate activity to a great extent and the Reserve Bank of India (RBI) move to allow investments abroad to the scale of $100,000 are some major factors listed by broking firms.In 2005-06, India emerged as the third largest investor after the US and Japan. The country moved ahead to 2nd position with the $7.6 billion takeover of Corus Steel by the Tatas in October 2006.Real estate projects from India increased to 76 per cent from mere 11 per cent thereby making India the UK’s third largest investor.Today, the UK houses more than 400 Indian companies. Of this, around 23 per cent have begun their UK operations in 2006. Officials estimated that India’s business operations in the UK are now worth nearly $35 billion.Parking money in London real estate is serving as a status statement for most successful Indian entrepreneurs. Rich Indians prefer to invest in exclusive central London areas since its financial climate is more stable than India.For more view- realtydigest.blogspot.com

Comments on: Mittal buys 3rd property in Kensington Palace Gardens London

By: Vikas Bamotra

By: riathareja