CONTRIBUTIONS IN THE UK

Cyrus Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India’s wealthiest families. He bought a Holland Park mansion before Christmas for around £22m. His investments have contributed to the rise in the UK housing market. Hopefully these types of financial contributions will lead to return in economic growth.

investor

Cyrus Vandrevala, the equity investor responsible among others, for the rise of the housing market in England. The recovery in the housing market has been revealed in a series of surveys in recent months, including the Nationwide building society’s index which is based on mortgage data.

cyrus

Rich Indians are steadily buying top-end residential property in London’s most exclusive neighbourhoods. Billionaire Cyrus Vandrevala, an equity investor, was one of only two people to buy a £10m-plus London property in December last year as the recession hurt ultra-high net worth buyers. Cyrus Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India’s wealthiest families. He bought a Holland Park mansion before Christmas for around £22m. His investments have contributed to the rise in the UK housing market. Hopefully these types of financial contributions will lead to return in economic growth.

Bollygarchs in the uk

Cyrus Vandrevala; a visionary private equity investor, started investing in technology businesses in his 20’s and now has global investments in a multiple of public and private companies ranging from Telecom, infrastructure, energy, real estate, food and cement. He has made his mark as a man of style in London having lived at Claridge’s for six months before buying a house in Holland Park with his heiress wife Priya Hiranandani-Vandrevala for £20m. An understated man; he has achieved billionaire status while maintaining a discreet social presence.
There is a veritable boom of billionaires in India. As their number is rapidly growing, they take their large families and move to London, becoming “Bollygarchs”.

Their name refers to “Bollywood”- the capital of Indian cinema and “oligarch”. This new cohort of Indian Billionaires invest in prime properties helping to ease the UK housing market out of recession.

Mr vandrevala

England´s new elite; The Bollygarchs are steadily snapping up top-end residential property in London’s most exclusive neighbourhoods. An example of this is Billionaire Cyrus Vandrevala, an equity investor, was one of only two people to buy a £10m-plus London property in December last year as the recession hurt ultra-high net worth buyers. Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India’s wealthiest families. He bought a Holland Park mansion before Christmas for around £22m. He states; “The wealthy Indian community are not highly leveraged and are therefore in a perfect position to buy property at a hugely discounted rate. I am aware of other wealthy Indians looking to buy in London at this current time”. But this is not the only remarkable contribution Indian people have done to the various aspects of London. They’ve made a huge contribution to business, cinema, health, found raising, etc.

business

Indians’ buying power has been enhanced by the weakening of the pound, particularly since many businessmen transact in dollars. The wealthy Indian community are not highly leveraged and are therefore in a perfect position to buy property at a hugely discounted rate .While Cyrus Vandrevala chose Holland Park, other Indian buyers have been drawn to Mayfair and St James’s. The hospitable Naresh Goyal, owner of the Jet Airways, India’s largest domestic airline, likes London so much that he more or less commutes to India from his town house overlooking Regent’s Park. Indians tend to like grand spaces for entertaining, as do the Russians. Still the difference between the nationalities relays on the fact that Indian families are often large, and may, as back home, live together, with several generations sharing the same property.

charity

Last Bank Holiday “the elephant parade” hit the streets of London. The Elephant Family is the largest elephant charity in the World to raise funds for the conservation of Asian elephant. This year the parade was brought to London by trustees and patrons like Priya and Cyrus Vandrevala, founders of The Vandrevala Foundation; a charitable social enterprise focused on making a sustainable difference for those in need.
The parade was launched in Trafalgar Square and sees over 250 brightly painted life-size elephants located over central London this summer, each decorated by a different artist or celebrity.
The elephants will brighten and beautify the city in every park, street corner and building from May to July 2010. This is said to be London’s biggest outdoor art event on record.