Indiabulls buys 1,500 Cr property in London on Bond Street

Indiabulls has recently bought a property worth Rs. 1,500 crores in London on Bond Street Sanjay Dutt, Executive Managing Director- South Asia, Cushman & Wakefield said, “London is a financial capital of the world and continues to attract investments. It is mature and transparent. The price may be high but the opportunities are perceived higher or less risky. Some find this a good strategic fit for their business and derisk from being dependent on one market in India.”
He added, “The policy of central government and the scams last few years has left a deep cut on the minds of the entrepreneurs of this country and some of them want to have some part of their business and wealth outside India.  Post FDI policy developers had national aspirations, which failed for most. Now they have focused expansion whether within India or outside markets such as Singapore, Dubai or London.”

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