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Estate agency boss tips London to remain good investment prospect

London will remain a strong long-term property investment prospect, despite its current wobbles amid uncertainty over Brexit, the chairman of global estate agency Knight Frank has said. 

Many have questioned whether the capital will end up with a diminished role as a global business and financial centre once Britain leaves the EU, with the underlying assumption being that if this is the case any property investments there will consequently be less valuable. 

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However, Alistair Elliott told the South China Morning Post that rumours of London's death as a property hotspot have been greatly exaggerated. 

He remarked: “The markets have stood up (to Brexit fear) incredibly well. If you roll back the clock two years, people were giving gloomy forecasts; it hasn’t happened. 

"We have the details of Brexit to come [and] I do not believe it will be as aggressive an experience for London real estate markets as people originally thought.”

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GODREJ CITY PANVEL-A FUTURE LOCATION FOR INVESTMENT IN NAVI MUMBAI

The developer has provided everything to the project which would be needed in upcoming time. Till now, they revealed two configuration details- two bedroom & two bathroom sets are available within 686.306sq ft carpet area, while three bedroom & three bathroom homes are available within 927.094 sq ft carpet area. Godrej Woods consists basement, ground and 15 upper floors with the terrace. Moreover, Godrej properties Panvel includes wonderful exterior and interior in three towers. Every home is being created under the Vastu Shastra compliant to offer best kitchen, bedrooms, living area, dining area, washroom and study area etc. Moreover, the property includes clubhouse amenities with 50+ features.

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South London district hints at long-term gains

The district was highlighted by the Daily Telegraph as an attractive proposition as a place to live, in addition to its long-term price growth. According to Knight Frank's data, between January 1995 and September 2017 prices there rose by 1,150 per cent, outstripping the fast-emerging east London hotspots like Hackney.

Such long-term success might not be immediately apparent for a few reasons, only one of which is the high profile of east London emanating from the 2012 Olympics and associated efforts at urban renewal. 

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Another factor may be the fact that in recent months, Dulwich has suffered like the rest; Knight Frank's Spring 2017 Residential Review has revealed the district endured a 0.5 per cent dip in prices over the last three months and a 1.5 per cent drop on an annual basis. 

These figures are not unusual, of course. The review showed that only a handful of places, such as Wimbledon and Queen's Park, have seen price growth in the last 12 month, while many have witness lar

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