
São Paulo Skyline
The term BRIC originated back in 2003 and was coined by Goldman Sachs economist Jim O’Neill. It was O’Neill’s opinion that since the US economy took a nose dive it allowed the BRIC countries Brazil, Russia, India and China to take a bigger slice of the world’s gross domestic product.
We would be taking a quick peek into the property markets of these four countries, to gain a better overview of what exactly is going on.
India’s rising middle class residents, seem to be catching ‘Gated Community’ fever for security and luxuries on offer. With the exodus of the return of non Resident Indians (NRIs) to India booming at the moment, a ‘private neighbourhood’ trend is rapidly catching on in the domestic property market.



