Luxury Real Estate Abroad: A New Asset Class for Indian HNIs
TL;DR: From Manhattan penthouses to London estates to sea facing Dubai apartments, Indian HNIs are increasingly treating overseas property as a genuine asset class, following precedents set by business tycoons like Lakshmi Mittal, Adar Poonawalla and Ravi Ruia. The appeal is layered, global hubs like Central London offer rental yields of 3.5 to 4.5 percent […]