ndians are on a buying spree, not only in their country but also abroad. As reported by Webindia123.com, Indians rank fifth among buyers of posh condominium units in Singapore.

The media report also stated that Indians bought 179 units in the first nine months of 2005, as against 105 units in 2004 and 89 units in 2003. As a proportion of total foreign purchases, the purchase of these units by Indians has risen to 8 per cent during 2005 (up to September 2005) from about five per cent in the two previous years.... more