Ruscombe valley being sold in India?

The Guardian reports that lots of green belt land in England are being sold to Indians for thousands of pounds as one of the best ways to make money. They are being marketed on the basis that vast tracts of the English countryside would soon be covered in homes - and potentially make big profits for foreign investors.

Is our Ruscombe Valley being marketed by Gladwish in India? Certainly the land in our three fields is still being marketed in this country and there is evidence that Gladwish have already sold to people in India.

See more re our recent walk in the valley to highlight the fact that the fields were sold 2 years ago and see more background info. This is another example of why we must get the legislation changed.

Companies have apparently taken out full-page advertisements in Indian newspapers and also blitzed prospective customers with text messages saying: "Plot available in UK London (sic)". Investing in England's green belt, according to marketing material seen by the Guardian, is "one of the best ways to create real personal wealth". Landbanking firms typically buy fields for a few thousand pounds, divide them up, and then sell plots for £10,000 each on the basis that, with planning permission, they stand to reap substantial profits. However, local councils told the Guardian that "allowing homes to be built on the land would be contrary to all current, emerging and foreseeable planning policies".

Read full Guardian article.