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Thumbnail image for How Indian’s Are Investing Their Money in Real Estate Locally

How Indian’s Are Investing Their Money in Real Estate Locally

The number of Indian households defined as “rich” will have risen from three million in 2003 to 11 million by 2013. Additionally, the number of middle class “aspirers” is expected to increase even more substantially, from 46 million to 124 million in the same period. Right now, India has around 130,000 high-net-worth individuals (people with investable assets of more than $1 million USD) and this rate is growing at 20% a year, which is second only to Singapore.

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Thumbnail image for Luxury Real Estate: The $264 Million Home

Luxury Real Estate: The $264 Million Home

When a property in Cannes, France is on the market for €180,000,005 (approximately $264 million USD) there is little doubt that it is prime luxury real estate. Marquette Turner Luxury Homes await with interest to see whom will purchase this home with ocean views of the Mediterranean, in the suburb of La Bocca, and most probably owned by billionaire Turkish-Saudi Arabian businessman and arms-dealer, Adnan Khashoggi.

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Thumbnail image for A Million Dollars is Going Further in Most US Real Estate Markets

A Million Dollars is Going Further in Most US Real Estate Markets

The good news for luxury homebuyers is that they’re getting about 20 percent “more house” than they did two years ago, and the prestige of owning a $1 million home is returning, said John Brian Losh, CEO of luxuryrealestate.com.

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