In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018. For them, despite Brexit, London will remain a bigger financial hub than Dubai.According to Puri, some key factors that continue to make London attractive to Indian real estate investors include its language, market transparency, a convenient time zone, overall friendly laws, an established ecosystem of expertise and the city&China Compression Tooling39;s historically proven ability to adapt to sharp global changes..But, London’s image as a major and extremely stable financial hub # has been shaken.This is seen as an opportunity for hawk-eyed Indian property buyers who have been waiting to take the plunge into the exorbitantly high-priced UK realty market, finds Anuj Puri, chairman of Anarock Property Consultants.Chennai: Brexit has opened up an opportunity for Indian high net-worth individuals, who have been waiting to grab property in London at subdued rates.

It is fairly safe to assume that more Indians making calculated plays in the UK real estate market in the times to come,” he said. This will ease commercial real estate prices in London as well. Pound rates have fallen to Rs 92 from Rs 103. Such buyers were active when the US realty market had plunged as a result of sub-prime crisis. “Further, Indians’ long-standing ‘love affair’ with the UK in general and London in particular will not be affected by Brexit.As of now, the situation is still relatively fluid and many things can happen.3 in 2013. Many large companies, including banks and financial institutions, are eyeing alternate destinations such as Frankfurt and Dublin.Ultra-high-net-worth Indians, who had previously been making huge investments in other destinations like Dubai, are now seriously mulling the option of including London in their realty portfolio, he added. Both residential and commercial property prices in the UK will further soften to attractive levels post Brexit. A weak pound also is an added advantage