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.