The Economic Times

Scion of one of Indias biggest fortunes puts his England mansion up for discount sale

Anand Nadathur, inheritor of a huge fortune in India, has reduced the asking price of his opulent Surrey property from 19.5 million to 15 million. This adjustment is indicative of the declining state of the UK's luxury real estate market. Following tax reforms unfavorable to affluent expatriates, Nadathur relocated to Singapore, mirroring a trend of wealthy individuals distancing themselves from Britain.