Wealth Report 2022, a report by the international consulting agency Knight Frank, indicates that last year’s demand leaders were the United Kingdom, the United Arab Emirates, and the United States.
Looking ahead, according to the report, in 2022, super-rich Indian buyers are ready to spend 21% of their total funds on the purchase of residential real estate.
Only about 10% of ultra-high-net-worth individuals with $ 30 million or more want to buy new housing abroad this year.
They plan to spend 9% on investments in commercial real estate, although not directly, but through REITs or lending.
On average, one Indian ultra-high-net-worth individual owns 2.3 houses. In 2021, 32% of this category of Indian citizens rented residential property as their "second home".
22% of the super-rich prefer to buy commercial real estate directly, while 8% do it through intermediaries.
In 2022, the leaderboard on Indian ultra-high-net-worth individuals’ interests should not change much, so the United Arab Emirates can expect a new influx of investment from India.
