Machine Learning and Behavioral Science Model Predicts Human Decisions

A new computational model, BEAST-GB, combines machine learning and behavioral science to predict people's decisions in situations with risk and uncertainty. The model, developed by researchers at Technion and US institutes, drew from a behavioral science framework and won the CPC18 Choice Prediction Competition in 2018, capturing 93% of predictable variation in the data it was fed. BEAST-GB outperformed mainstream behavioral models and purely data-driven machine learning, and could help draft initiatives aimed at prompting better decision-making.

Title: Indians' Real Estate Investments: A Cornerstone of Wealth Strategy

India's wealthy are increasingly anchoring their fortunes in real estate, both domestically and abroad. According to Himmat Singh, managing director of Christie's International Real Estate, Indians have a cultural affinity for real estate, which serves as a cornerstone of their wealth strategy. For many, owning a property is not just a financial asset but also a lifestyle statement [1].

Domestic Real Estate Market

The domestic real estate market is witnessing significant growth, fueled by a growing economy. In India, the wealthy typically invest in residential properties, commercial units, and Real Estate Investment Trusts (REITs). A report by CBRE showed that luxury house sales jumped 88% in the second quarter of 2025 compared to the same period in 2024, while the number of launches for such apartments grew by 40% [2].

International Real Estate Investments

Wealthy Indians are also making strategic investments abroad. Dubai, with its strong rental yield of 6% to 7%, and Thailand's Phuket and Koh Samui are popular destinations. London, too, remains a favored choice due to familiarity [1].

Other Asset Classes

Beyond real estate, India's wealthy are diversifying their portfolios. They are investing in capital markets, private markets such as venture capital and private equity, and even cryptocurrencies. According to Himanshu Kohli, co-founder of Client Associates, wealthy Indians are funding global start-ups to tap into the growth they will enjoy from increasing their total addressable market [1].

Conclusion

The real estate market in India is thriving, with wealthy individuals investing in both residential and commercial properties. The domestic market is robust, and international investments are strategic, driven by strong rental yields and familiarity. Diversification into other asset classes is also a key strategy for India's wealthy. This trend underscores the importance of real estate in India's wealth management landscape and highlights the growing sophistication of investment strategies among the country's affluent.

References

[1] https://www.cnbc.com/2025/08/14/cnbcs-inside-india-newsletter-as-indias-rich-venture-abroad-many-anchor-fortunes-in-real-estate.html
[2] https://economictimes.indiatimes.com/industry/services/property-/-cstruction/dra-group-balajadia-family-launch-100-million-real-estate-platform-focused-on-south-india/articleshow/123181315.cms