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. Real 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