Indians have become the largest group of property owners in London, surpassing White Britons, according to a report by Barratt London, a residential developer. This shift highlights the growing interest of Indian homebuyers, including NRIs, investors, and families, in the UK’s real estate market.
Indian buyers are drawn to London for its strong property market, educational opportunities, and status as a global financial hub. Homes in London typically cost between GBP 290,000 and GBP 450,000, a price range similar to properties in Mumbai. Stuart Leslie, director of international sales at Barratt London, noted that Indians make up 7-8% of foreign market participants, with many seeking stable, long-term investments.
Prominent Indians have also made significant purchases in the UK capital. Bollywood stars Shah Rukh Khan and Sonam Kapoor, industrialists Mukesh Ambani and Lakshmi Mittal, and business magnates like Adar Poonawalla and the Hinduja family own luxury properties in London. These investments showcase India’s increasing influence in the market.
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With exchange rate benefits, strong market fundamentals, and high returns, Indian investors view London as a safe and profitable market. This growing trend has firmly established Indians as key players in London’s property landscape.
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