• Saturday, August 13, 2022

Business

Rich Indian parents buying property in London with eye on children’s schools

The report found education is an important demand source among Indians

By: Sarwar Alam

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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