• Saturday, October 01, 2022

Property

Indian invasion

By: Eastern Eye Staff

by HOWARD ROBIN FIRMS AND MOGULS CASH IN ON UK REAL ESTATE RETURNS COMPANIES and private individuals from the In­dian subcontinent have been pouring money into prime UK property, targeting some of Britain’s most prestigious and historic tracts of real estate. The transactions range from luxury apartments in London and Manchester to massive development schemes worth hundreds of millions of pounds. In one of the most spectacular projects to be an­nounced recently, Indian media mogul Dr Subhash Chandra revealed he is in advanced talks about tak­ing over the 62-acre Silvertown site in London’s Royal Docks and building a £1 billion…

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