From DNA India:
As Britain continues to attract major foreign investment – including for takeover of British companies by overseas investors – new millionaires from India, China and other parts of the world are driving property prices in London.
…Property developers are now working on a four-tower complex near Hyde Park, central London, which will have the world’s most expensive apartment, costing more than ¬£20 million. The complex’s security system is being laid in consultation with former army specialists.
The buyers of apartments in this tower are expected to be Indians, Chinese, Arabs and Russian billionaires. The location is a short walk from Harrods in Knightsbridge. Prices of the 80-odd flats in the tower complex are expected to be in the region of £4,000 per square feet. [Full Text]
