When news of business billionaire MukeshAmbani acquiring a massive 300-acre estate in England was flashed in the media, it was widely assumed that India’s wealthiest individual had also decided to join millions of other citizens in relocating overseas. The Ambanis were quick to clarify that they were merely acquiring property overseas and would continue to remain Indian citizens and divide their time between their high-rise vertical home in Mumbai and their horizontally sprawling estate in England.
Acquiring a second home abroad is now commonplace for India’s wealthy. Many also have a kind of semi. . .
