India Inc. property expert unravels the Indian government’s recent Budget for 2017-18 and its impact on the country’s real estate market.

The central theme of the 2017 Budget in early February seems to be towards creating cash flow and consumption from the bottom of the pyramid. This would then flow upwards to more robust and long-term capital formation at the hands of the development companies. The same trend is observed in the changes to the real estate rules in the current Budget.

An analysis of three key trends and changing attitudes set to become more prominent in the wealth management space for HNWI.

High Net Worth Individuals (HNWI) in India and the Indian Diaspora community are a rich (pun un-intended) mix of generation X and Y and illustrate well the changing attitudes of HNWI as well as emphasising the challenges globally for wealth management professionals seeking to retain and grow their client base.