1) Global luxury brands are looking to India as a new market as western markets recover slowly from economic downturn and China carries more risk. Luxury brands like Louis Vuitton and Bugatti plan India promotions. 2) Large IT companies are moving more jobs and work to cheaper locations like China due to concerns about rising geopolitical risks in India. 3) The Reserve Bank of India raised interest rates to tackle high inflation, which may make home and business loans more expensive but is unlikely to significantly impact property prices in cities like Mumbai.