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.