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Slumdog Millionaire Urban Flight

Category: Real estate, Posted:23 Apr 2011 | 06:00 am

One of the region's economic miracles India is seeing the rich and famous flee the financial capital of Mumbai to new master planned villa communities.
A series of mega primary and second home upscale property developments have cropped up in the distant environs of the overflowing city.
Oceanfront and cooler hillside locations are proving to be the most popular in the shifting landscape.
Whether its urban flight or for the poorer residents urban plight the growing divide between the rich and poor is drawing some criticism with the country.
One positive of the shift is a modernization of aging infrastructure and boost to the domestic economy though this newly built urban estate or micro communities.

Other News

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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]
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Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]