It seems as though trouble is brewing in the luxury real estate market in Mumbai. 
Demand from local investors has died down dramatically, and now even the Non-Resident Indians or NRI’s who were major investors in such luxury properties, are cooling off. NRI’s are expecting property rates to go lower, just as the US property market is currently witnessing major changes due to the subprime crisis.
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In spite of the doom and gloom surrounding the financial markets these days, luxury property in London seems to be excluded from the damage. I mean – let’s face it, Merrill Lynch and Bear Sterns’ executives still got their year-end bonuses even if the investors lost their shirts.
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Having spent a little time in Venice (Italy) I have to say this bed would not be out of place amongst the Doge’s furniture collection., although I pity the delivery drivers.
Hand crafted and decorated with your choice of silver or gold leaf, the Phyllis Morris Grande Venetian is the West Hollywood luxury furniture makers best seller. The bed measures a stately 12 foot by 10 foot, with Corinthian columns at each corner. Phyllis Morris has been creating furniture for over fifty years in their Los Angeles workshop. All furniture is made by hand to your specifications, and they describe themselves as “Furniture Couture.”
The company’s motto is “Live well.”
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