Indian Investors Are taking the Housing Market out of Resession

Due to the genuine boom of billionaires in India, the Bollygarchs are steadily snapping up top-end residential property in London's most exclusive neighbourhoods. An example of this is Billionaire Cyrus Vandrevala, an equity investor, was one of only two people to buy a £10m-plus London property in December last year as the recession hurt ultra-high net worth buyers. Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India's wealthiest families.
Cyrus Vandrevala bought a Holland Park mansion before Christmas for around £22m. He states; “The wealthy Indian community are not highly leveraged and are therefore in a perfect position to buy property at a hugely discounted rate. I am aware of other wealthy Indians looking to buy in London at this current time”. But this is not the only remarkable contribution Indian people have done to the various aspects of London. They've made a huge contribution to business, cinema, health, found raising, etc.

Indian Investors are choosing London to Live

As the number of wealthy Indians is rapidly growing, they take their large families and move to London, becoming “Bollygarchs”. Their name refers to “Bollywood”- the capital of Indian cinema and “oligarch”. This new cohort of Indian Billionaires invests in prime properties helping to ease the UK housing market out of recession. Cyrus Vandrevala; a visionary private equity investor, started investing in technology businesses in his 20’s and now has global investments in a multiple of public and private companies ranging from Telecom, infrastructure, energy, real estate, food and cement.
Cyrus Vandrevala, the equity investor, is responsible among others, for the rise of the housing market in England. The recovery in the housing market has been revealed in a series of surveys in recent months, including the Nationwide building society's index which is based on mortgage data.