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Is It Lucrative For NRIs To Invest In Indian Real Estate?

By Runwal Group Posted On Jun 11, 2019
Category Property investment

Is It Lucrative For Nris To Invest In Indian Real Estate

Demonetisation and the enactment of regulation policies such as RERA, sought to bring transparency, consolidation and accountability in the Indian real estate industry. With the fall of the rupee against the dollar, more and more NRIs are looking to invest in India’s lucrative realty market and get the best returns from this opportunity

Here are the top reasons that makes India a strong market for overseas investors

1: Leverage Savings

NRIs can benefit from their additional income by investing in the property market where prices have gotten corrected over time.

2: Appreciating Market

Thanks to large-scale growth in infrastructure and development, the Indian market has shown an upward trend and a rise in real estate investments. Purchasing property now would be a smart decision, especially for NRIs.

3: Lucrative Returns

More and more NRIs are looking to settle in India, as the returns on property are high. Commercial real estate promises good capital appreciation as well as rental income.

4: Falling Rupee

Devaluation has allowed buyers earning in foreign currencies to get more square feet at a cheaper rate in Indian rupees. Investors from Dubai and USA can spend much lesser to purchase property in India.

5: Regulation Policies

The implementation of RERA and GST has brought in positive changes. The increase in transparency and trust has helped evolve the market, boosted real estate demand and attracted potential buyers including NRIs. The current market scenario makes investing in property a profitable move for NRIs. If you’re interested in buying a home in Mumbai, there’s no better time. You can explore luxury flats in Kanjurmarg from Runwal Group’s Luxury Collection, one of the leading real estate builders in India.

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Disclaimer

The plans, specifications, images and other details herein are only indicative and subject to approval of the concerned authorities. The Group / Owner reserves the right to change any or all of these in the interest of the development, without prior notice or obligation. Artist’s impressions are used to illustrate amenities, specifications, images and other details and these may be applicable to select apartments only. Tolerance of +/- 3% is possible in the unit areas on account of design and construction variances. All brands stated are subject to final decision of the project architect. This printed material does not constitute an offer and/or contract of any type between the Group / Owner and the recipient. No booking or allotment shall be deemed to have been made on the basis of this printed material. Any Purchaser / Lessee of this development shall be governed by the terms and conditions of the agreement for sale / lease entered into between the parties, and no details mentioned in this printed material shall in any way govern such transactions unless as may be otherwise expressly provided in the agreement for sale/lease by the Group / Owner. The Group / Owner does not warrant or assume any liability or responsibility for the accuracy or completeness of any information contained herein.