Positive Impact of RERA on NRI Investors and Indian Real Estate Sector

The Indian property market has seen tough times since the formation of Narendra Modi-led NDA Government in Centre four years back. But, now the real estate market has reasons to smile as the actions taken by this Government are affecting homer buyers in a positive manner.

Impact of RERA

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After offering relief to the common man for buying property through the introduction of Real Estate Regulation Act [RERA] in the year 2016 the Government also opened door for more NRI investment in the real estate sector. Earlier, the Non-Resident Indians [NRIs] use to think twice before investing in the Indian property market due to various reasons.

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Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

Due to the substantial difference between Indian Rupee and US Dollar, an investment in India is always a lucrative option for the Non-Resident Indians (NRI). While bonds, stocks and bank deposits are some ventures for them to park their money in, real estate, over time, has come out as their favorite investment venture. The simplified policy framework for NRI investment in the Indian real estate sector has revived their interests in the industry.

Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

However, the NRIs also choose the perfect location for real estate investment so that they can earn high profits in the long run. A decade ago, Gurgaon used to be the largest NRI investment hub. Its rapidly developing commercial sector and the premium properties attracted their attention. This status was then shifted to Mumbai when branded residences and high-end skyscrapers were launched in the city. The recent reports suggest that Bangalore is, as of now, the favorite investment destination of NRIs in India. [Read more…]

Young NRIs and Their Investment Habits in India

The Indian diaspora-the NRI’s- are now turning homewards for investments because of the boost in Indian economy. They are also a reason for sudden influx of banking funds and investments in different forms. India offers a stable, prosperous foundation for business opportunities and investments to NRI’S and PIO [people of Indian origin]. The latest investor to take a leap in this field is the young NRI; he is ready to try out the share market, mutual funds, fixed deposits and real estate market.

Young NRIs and Their Investment Habits in India

Young NRIs and Their Investment Habits in India

The government has made it very simple and easy for the people to invest in India. The NRI’s major investment is in the real estate sector; especially the younger generation is taking a keen interest in this sector. The returns from the real estate sector in India have been consistently high and even outperformed other investment options. The Government of India has created many policies and schemes to maximize investment options for NRI/POI’s looking to invest in the real estate sector. [Read more…]

Why should NRIs Invest in Indian Real Estate?

In spite of the constant ups and downs in the Indian real estate market, it still remains the favorite investment destination for the NRIs. The main reason for getting a home back in their homeland is the emotional attachment they have with their country. Most of the NRIs want to return back to their land after they retire so they want their dream abode here.

Why should NRIs Invest in Indian Real Estate

There are several other reasons that attract the NRIs towards Indian real estate. Some of them are listed below:

Commercial Real Estate- India’s commercial real estate market is booming and it is a major driver of India’s economic growth. When commercial buildings start coming up in a particular area, the residential realty market around the location also witnesses a major revival. In NCR, commercial property in Faridabad, Gurgaon and Greater Noida attract a lot of NRI investors. Mumbai, Bangalore and Hyderabad are also popular commercial real estate markets. Commercial property fetches a long term profit in the form of leases and rents. The tenants are also easily available because of the boom in economic sentiments. [Read more…]

The Questions around NRI Investment in Indian Real Estate

Are you a Non-Resident Indian (NRI) and want to invest in a property in India? Delhi, Noida, Greater Noida, Ghaziabad and Bangalore are among the top Investment Destinations for NRIs in India. However, there is a whole lot of ambiguity and confusions around the process of property purchase in India, especially for the NRIs. It is always a good idea to be clear about the things in the first place than regretting it afterwards. So here is a detailed explanation of all the whats, whys, hows and whens of investing in Indian real estate.

The Questions around NRI Investment in Indian Real Estate

Who is termed as an NRI?

An NRI is a person who holds an Indian Passport and has stayed in another country for more than 180 days. Other terms like Person of Indian Origin (PIO) and Overseas Citizen of India (OCI) also exist.

What type of property can NRIs buy in India?

NRIs can buy any type of property in India except an agricultural or plantation property. However, they sure can inherit such land. [Read more…]

Why Gurgaon is an Ultimate Investment Destination For NRIs

Gurgaon, known as ‘The Millennium City’, is an international BPO hub and a modern commercial hotspot. It boasts of modern infrastructure and spectacular residential and commercial projects. Some famous developers have given the real estate a good boost and have come up with several Residential Property in Gurgaon. It has some excellent residential areas which cater to the needs and fancies of the jet age, fashionable and affluent group. You can pick and choose a property that fit to your lifestyle. It is an international commercial center, with a lot of MNC’S rubbing shoulders. Gurgaon will soon acquire a status amongst the modern, hi-tech cities of the world.

Why Gurgaon is an Ultimate Investment Destination For NRIs

Gurgaon is an ideal investment location for the NRIs. It offers all the amenities and lifestyle which the NRI’s are accustomed to. It is on the border of Delhi and its close proximity to the International Airport adds to its prominence. It has a large number of hi-class hotels, restaurants and malls which makes it a much sought out destination. It has a very hectic nightlife with pubs and bars, good restaurants, an ideal combination of good living and lifestyle. [Read more…]

NRI Investors Coming Back to Indian Real Estate

With recovery of the Indian economy, India’s real estate market appears to be more dynamic. A lot of Non-Resident Indians (NRIs) are also relocating to their country. Good growth prospects, good education system and the feeling of reconnecting with their native place are some factors that drive most NRIs towards India. NRI Investors Coming Back to Indian Real EstateReal estate has also advanced with modern technology and offers a wide variety to choose from- for mere investments or for relocating. India’s economy is booming and hence NRIs are looking towards returning to India for investment, at the same time maintaining their individual jet set lifestyle. India has been a great motivation for builders commercial/residential to come up with projects of international standards.

What does an NRI seek for in Indian Real Estate?

  • Investment and the capital appreciation Indian real estate offers.
  • A second home
  • Maintaining an international lifestyle
  • Immovable asset in your own backyard
  • India’s globalization and maybe relocation

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