Indians 3rd biggest investors in US realty market at $8 bn

investUSAAccording to brokerage company Sotheby’s International Realty, after Canadians and Chinese, Indians are the third biggest international investor community with $8 billion invested in the US realty market.

25 percent of the real estate market in London belongs to Indians at around 1 billion pounds. Indians also invested over $2 billion in the Dubai real estate market in the first half of last year.

Sotheby’s International Realty had in 2014 signed an agreement with Indian firm RealPro Infra Pvt Ltd and established its Indian arm under the title North India’s Sotheby’s International Realty, that caters to the luxury real estate demands of resident and global Indians.Sotheby’s International Realty said they are optimistic about Indian luxury markets and India has huge potential to be the top nation in terms of business for them.

North India Sotheby’s CEO Amit Goyal said they have already tied up with some establishments including Tata Housing, and Sobha and Max Group’s Antara Housing.