miércoles, 7 de julio de 2010

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.

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