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Indians To Spend 15 Billion Pound To Buy Homes In UK

August 7, 2008 – 11:56 pm

Fuelled by the country’s rapid economic growth and increasing number of high net worth individuals, residential investment by Indians in UK is likely to touch a whopping 15 billion pound over the next decade, says a report.
“Indians could potentially own 20,000-30,000 UK residential properties over a 10 year horizon and UK-India cross border Investment is [...]

By Rajani | Posted in Real Estate News | Also tagged Cross Border, Czar, House Price, Income Generation, Indian Investors, Investment Size, Jones Lang Lasalle, Kensington Palace Gardens, Laxmi Mittal, London Olympics, Propensity, Rapid Economic Growth, Residential Investment, Residential Market, Residential Properties, Residential Property, UK | Comments (1)

Mittal buys 3rd property in Kensington Palace Gardens London

June 24, 2008 – 7:12 am

NRI steel tycoon Lakshmi Mittal has bought his third major property for seventy million pounds in Kensington Palace Gardens, London’s most expensive street.
Mittal, whose fortune is estimated at twenty seven billion pounds, already owns two big homes in Kensington Palace Gardens where Princess Diana spent her last years.
The most recent purchase of the former embassy [...]

By manish | Posted in Real Estate News | Also tagged Arcelormittal, Buckingham Palace, Central London, Embassy Of The Philippines, Kensington Palace Gardens, Lakshmi Mittal, Noam Gottesman, Philippine Embassy, Princess Diana, Property, Steel Giant, Steel Tycoon, Wealthiest Person By Forbes Magazine | Comments (2)