Read More Here: "NEW DELHI: Snobbery has a new address. And it’s in the middle of the sea. Top international real estate brokerage firms are docking near Indian shores to now sell private islands.
Sample this: Private Islands Inc, a Toronto-based private island brokerage firm, had put up Palm Lagoon — a four-acre private island in Kollam, Kerala — for sale. Last week, the island was reportedly snapped up for around Rs 3 crore. Then a little further away, in Sri Lanka, Tangalle Isle — another four-acre island — was sold for around Rs 4 crore."
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