More Buyers from India enter prime central London

Second only to South East Asian buyers, Indian buyers have become the second largest group of purchasers in the prime central London property market.  They now represent 22% of sales, up from 5% two years ago.  This group seems to be much more optimistic than buyers from continental Europe that have declined from 24% two years ago to 7% over the last 12 months.

‘Indian buyers have become the second largest group of purchasers in the prime central London property market, accounting for 22% of sales, new research shows.
The number of sales to this group has increased from just 5% two years ago before rules were relaxed around the amount of capital which Indian buyers could remove from the country, according to an analysis from London Central Portfolio.’

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