Chandigarh is among the fastest growing cities in India. With a year-on-year growth rate of 7.91 per cent since year 2000, the city has been positioned at number four among the fastest growing cities in India according to a recent report by the International Institute for Environment and Development. Now that the local economy of Chandigarh is flourishing at a sustainable rate, the property market is beginning to follow. Dozens of property deals are closed every week in the city.
Brad pitt and Angelina Jolie have reportedly invested in Dubai’s The World offshore development. According to sources in Dubai, the Pitts have bought an artificial island of their own to “encourage people to live a greener lifestyle,” *chokes on his coffee*. Why they can’t just coma out and say, “we want to make money investing in international property ,” is beyong us.
Gaining financial security is the main reason why most people turn to property, which is no surprise because property has been and continues to be one of the most solid investments around.
Investing in property represents the best reward vs. risk investment you can make for you and your family. It’s commonly known that pensions are giving poor returns, so whilst other investments are failing to deliver, property investment in the UK and overseas continues to grow.
Wander around Kuala Lumpur, in the shadow of the mighty Petronas Towers, and it’s clear that Malaysia, which celebrates half a century of independence this year, is going places. You can forget those colonial images of mile after mile of sleepy rubber plantations; five years from now Malaysia will be importing rubber from Thailand. In KL, the capital, in particular, there is a prosperous, fast-growing middle class needing property. But Malaysia also has a Second Home Programme, aimed at people from overseas thinking of retiring to the country.
This is a collection of weird and unusual properties currently for sale around the world. If you like what you see here, please “Digg” or “Stumble” or post to your favorite social bookmark site. Thanks.
We ran a photo series recently on the Palms Dubai development. And something came to our attention that we hadn’t really noticed when we’d been researching the article – there are no people in the photographs. Now that could have been just a factor of timing, but further research has shown that somewhere in the region of 90 % of the development has been sold to property speculators who have no intention of living there. Whilst this is certainly an ambitious project, we do wonder what the long term effects both on the local marine wildlife and also the human immigrants, if any.
