NRI

The residential real estate market in India has seen a 35% year-on-year increase in non-resident Indian (NRI) investments over the last year. The average ticket size investment falling between 90 lakhs and 1.5 crore, according to NoBroker data. Although the trend is not new, the increase in demand is significant when compared to the period before to the Covid-19 pandemic, when it was in the single...

Listen To The Article According to a survey, approximately 20 percent of NRIs intend to buy homes in NCR cities for investment purposes. Other major cities on the NRI's wish list include Bengaluru and Hyderabad. As per the report, the devaluing rupee and the ongoing resilience in the Indian residential real estate market are significant draws for NRIs to invest in their home country....