Rich Indian parents buying property in London with eye on children’s schools
The report found education is an important demand source among Indians
Rich Indian parents keen to educate their children at leading British schools have helped drive up overseas demand for homes in London, a high-end estate agent has found in its latest property analysis report. Indians have emerged as the fourth-largest group of overseas buyers of property in London, after China, Russia and the US, which has led to £2 billion of investment over the past year, Knight Frank notes in its ‘Wealth Report’ released this week. “Education is an important demand source among Indians in the central London million-pound-plus market,” said Liam Bailey, Knight Frank’s head of research. “The attraction…
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