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Indians second largest buyers of Central London property

Image
Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" title="Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" class="img-responsive" /> Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg Bengaluru: Indians are the second largest buyers of property in central London , accounting for 22% of sales in the year to August, pushing buyers from West Asia to the third slot (at 21%), according to property investment advisory London Central Portfolio ’s (LCP) latest sales audit . South- East Asian buyers took the top spot, accounting for 36% of all purchases. Interestingly, Indians also spent more per house. They accounted for one-third of the total spend, with an average purchase price of £1.77 million, slightly higher tha...