Reasons Why NRIs Look At India for Real Estate Investment Options

The economy of India with the new government’s initiatives is seeing marked improvement. NRI’s from across the globe are now looking at the real-estate opportunities here as a great investment, simply because there is ‘cash value of the property’, which would rise as the time passes by.

Here, therefore, are a few reasons why best property sites in India are looked thoroughly with investment affection and glee. Hence please read on and be well-informed for the same.

Opportunity to invest
The real estate world in India is a large ocean of opportunities, especially for NRIs living abroad. Sources say that around 30 million NRI’s across one hundred and forty countries have a combined wealth of around $1.2 trillion. The spending power and investment prowess of NRI’s are seen as the highest, especially noticed from 2011-2013 at the foreign exchange levels.

Currency value drop
While NRIs earn foreign currency, they can convert and invest the same back in India, in rupees. When there is a drop in the currency value, it makes investing easier for them, say financial experts. The depreciation value of the rupee back then was an opportunity for many NRIs to invest in the real estate options India could provide. Most residential properties India bought by NRIs gave the investors high returns in the bargain.

Are there risks?
Real estate experts say, projects still ‘under-construction’ have high risk values for those who want to invest in ‘residential properties’ across the country. Delays and political upheavals, court cases and litigation etc, can often go beyond the grips of the project developer. Policy changes or raw material unavailability too have been cited as a reason for delays. However, an NRI investor, thinking of buying a house in India, expects a level of trust.

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