A new Elite

England´s new elite; The Bollygarchs are steadily snapping up top-end residential property in London's most exclusive neighbourhoods. An example of this is Billionaire Cyrus Vandrevala, an equity investor, was one of only two people to buy a £10m-plus London property in December last year as the recession hurt ultra-high net worth buyers. 

Vandrevala, who is married to the heiress of construction company Hirco, Priya Hiranandani, comes from one of India's wealthiest families. He bought a Holland Park mansion before Christmas for around £22m. He states; “The wealthy Indian community are not highly leveraged and are therefore in a perfect position to buy property at a hugely discounted rate. I am aware of other wealthy Indians looking to buy in London at this current time”. But this is not the only remarkable contribution Indian people have done to the various aspects of London. They've made a huge contribution to business, cinema, health, found raising, etc.