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Why NRIs Should Invest In Mumbai Real Estate

By Admin Posted Dec 18, 2018 In Property investment

The trend of NRI investments in Indian real estate has been a longstanding one. However, in the recent years, the economic and regulatory reforms like GST (Goods and Services Tax) and RERA (Real Estate Regulatory Authority Act) have brought about a greater level of transparency and efficiency into the system, thereby attracting a far greater number of NRI investors. Moreover, the government has introduced several measures that have further enabled NRIs to invest in property in India with great ease. In the recent months, the falling rupee has impelled a large population of NRIs to explore their investment options in India.

Here are some reasons why more and more NRIs are looking to invest in Mumbai’s real estate: 

1.     Outstanding infrastructure

When looking to invest in India, NRIs typically look for world-class infrastructure. And Mumbai is surely the most sought-after realty market for that very reason. The private and public transport networks, the civic amenities, and the commercial hubs of the city are truly outstanding and world-class in every way.

2.     Premium affordable housing

 For NRIs looking to make an investment in India’s real estate, Mumbai is among the frontrunners to offer premium affordable housing projects. NRIs can avail this opportunity to invest in Mumbai’s market which is among the costliest in the world at a relatively affordable rate and reap excellent returns in the years to come.   

3.     Real estate and economic growth

The appreciation of a city’s real estate is directly tied to its economic growth story. As the financial capital of the country, Mumbai has witnessed rapid economic growth and infrastructural development, which has had a direct positive impact on its real estate sector. Areas like South Mumbai, Bandra Kurla Complex, Thane, Kanjurmarg, Vikhroli, Powai and Navi Mumbai, have transformed into bustling micro-markets for business and real estate development.

Owing to Mumbai’s promising growth story and upward moving real estate graph, many NRI investors choose to make a sound and lucrative investment in the city’s real estate.

Looking to make an investment with the most trusted real estate developer in Mumbai? Explore a wide range of premium residential and commercial projects in Mumbai by the Runwal Group.

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.