Indian property Hot property

Foreign investors are throwing money at India’s booming property market. Topland, the private British property group, has just launched a fund with £1bn to spend on developing Indian residential property. Last month, US private equity group Apollo closed a $2bn fund with local partner SUN. And seven Indian property groups have raised over £1bn on London’s Alternative Investment Market in the past year. That’s raised fears the market is becoming overheated. In the major India cities such as Delh...