Business Videos

Indians buying properties abroad

Dec 02 2012 00:00 IST
Bollywood movies have long been the gateway to picturesque foreign locales for many Indians. But for a growing number of wealthy locals, what they admire on the big screen has become reality. Economic troubles have led to sharp falls in the price of many foreign properties. And tapping into the opportunity, rich Indians are investing in summer homes in exotic destinations like Spain, Italy, and Mauritius.