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India's ultra-rich class betting on luxury properties - Re-mumbai

Re-mumbai

India’s ultra-rich class betting on luxury properties


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Betting on one of the few promising asset classes and aided by clear ownership titles, India’s wealthy are investing in luxury properties, persisting with a trend that began last year amid the pandemic. Buyers such as business families, startup founders and top CEOs have been paying ₹50 crore to as much as an eye-watering ₹1,000 crore in the past few months for residences.

Source – Economic Times

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