Rich Indians Living Abroad Snap Up Luxury Homes to Benefit from Booming Economy
- Surging demand pushes top-end home sales to 10-year high
- Indians living abroad likely to make up 20% of all home sales
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Wealthy Indians living abroad are snapping up luxury homes in the nation, with the investment play driving a boom in sales of top-end properties.
Take Dubai-based Sunil Pillai, who left India 25 years ago and recently bought a two-bedroom apartment costing around $1 million in the country’s tech hub Bengaluru.