In the Press

Owning a house at Mayfair is the latest status symbol for India’s nouveau riche

LONDON: In a district in north-west London that is a favourite nesting ground for bankers from all over the world, a premium housing project suddenly found itself making distress sales after the recession. They sold one flat to an Indian.

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“A home in Mayfair, it seems, is now a must-have status symbol for India’s nouveau riche, as well as a viable investment avenue”, our Founder, Camilla Dell argues.

We are delighted to have been asked to feature our thoughts in a new article for Economic Times this week, focusing on how prime central London property is becoming a growing hotspot for wealthy investors from India.

“We’ve seen a significant shift in the past two years, more people want to buy. When people become wealthy, they like to own overseas property – a home in London is seen as a trophy asset.”, Black Brick’s Founder and Managing Partner, Camilla Dell, shared.

Read more in the full article here.