Private Indian Investors Are Becoming Owners in England

The boost of the stock market has increased the number of billionaires in India in the past year. This new Indian elite is steadily buying top-end residential property in London’s most exclusive neighborhoods. Billionaire Cyrus Vandrevala, an equity investor, was one of only two people to buy a £10m-plus London property in December last year as the recession hurt ultra-high net worth buyers. Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India’s wealthiest families. He bought a Holland Park mansion before Christmas for around £22m. His investments have contributed to the rise in the UK housing market. Hopefully these types of financial contributions will lead to return in economic growth.

Cyrus Vandrevala is not only a wise  investor, he is also a well-known philanthropist. Among his donations is the money he bid at the Man of The Year event and the four elephants sponsored by him and his wife at The Elephant Parade, last Bank Holiday.