India Flexing Muscle in Australian Luxury Real Estate

Published on October 16, 2009   | Print This Post Print This Post
 

At Marquette Turner Luxury Homes we watch our web traffic very closely to assist in our marketing of Luxury Homes and in predicting changing trends. One of the most profound shifts in our internet traffic in the last quarter has been from India with almost 20% of visits to our website coming from India.

As India continues its emergence as a Global Superpower, we are experiencing a surge of Indian interest in Luxury Homes in Australia and the Greater South Pacific. If only 1% of all Indians were wealthy enough to purchase abroad, there would be a massive 12 million people with the ability to purchase Luxury Homes.

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The wealthiest 1% of the Indian Population control 16% of the country’s wealth. The power of the Indian elite is undeniable and the Marquette Turner Luxury Homes website is now available in Hindi which is proving to be a huge marketing advantage.

India is now the fourth highest contributor to Australian immigration after China, New Zealand and the United Kingdom. India also was the highest contributor to Australia’s temporary arrivals which is a huge indicator of migration trends. I am watching the buying choices of our Indian clients closely and I am extremely excited by the prospect of a new push in the purchase of Luxury Homes.

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