5 Reasons Why Young NRIs Invest More in Indian Realty

Several factors attract young NRIs to invest in Indian real estate. Prominent cities in India, such as Bengaluru, Mumbai, Delhi, and Hyderabad, have steadily risen in property prices. This trend is expected to continue, making it a suitable time for young NRIs to invest in Indian real estate. The Indian government has introduced various policies to support the real estate industry.

Realty investment is a highly lucrative option that has been preferred by people for decades. Anybody with enough income to buy a property invariably considers investing in real estate. With the rising trend, there are attractive choices for investors that they can explore today. Indian realty is also very much in demand, and people are investing heavily here. The Indian realty market size was 120 billion U.S. dollars approximately in 2017 and is expected to touch one trillion dollars by 2030. The housing segment has maximum demand and is growing in the real estate sector. The properties with varied options are available in all price categories today across cities and the outskirts.

It is also observed that NRIs are actively investing in Indian realty, including the younger lot, which has become very prominent today. Young NRIs settled in various countries are investing in Indian realty today, and in times to come, more and more NRIs will be seen buying properties here. Let us explore the top 5 reasons why young NRIs invest more in Indian realty.

1.An added income - a profitable investment opportunity: Realty business in India is a great investment choice as it yields excellent returns on capital if the right property is purchased. The property can also be rented out, helping the investor with a constant additional income. The young NRIs with high-paying work avenues very keenly invest in realty in India and are earning that extra money to boost their income.

2.Owning a house in one's country - It is prudent to have one's home in the country one belongs to. It keeps them tied to their roots and also helps them have a home in their country where they can visit and retire whenever the need arises at their convenience, even if it means finally settling down in India.

3.Affordable real estate - Housing in India is much more affordable than in most developed countries. Purchasing a property here is the best way to invest one's money. NRIs with disposable income invest not only in one property here in India but multiple properties and thus enhance their income manifolds.

4.Beneficial government schemes and policies - The government has incorporated many friendly schemes and policies for the NRIs, and foreign direct investments, which are an added boon for them, and they can invest directly without hesitation. The more flexible the schemes offer and options, the more the chances for offshore Indians to invest in our country.

5.Depreciating value of the Rupee - The Indian currency depreciation is another reason why NRIs residing in countries with stronger currencies can easily invest in Indian markets and what is better than realty. The young NRIs very smartly take advantage of this situation and continue with real estate investment here.

The city of Bangalore has a lot of its young generation settled abroad. These NRIs and even people from other states of India invest keenly in Bangalore realty as it is one of the most progressive and flourishing cities in the country. Real estate appreciation is substantive in this city of opportunities, and demand for quality and elegant properties is growing every day. Even here, the young NRIs are very interested in investing in residential projects. The developers are seen to develop outstanding commercial and residential properties at reasonable prices and in some prime locations of the metropolis today.

Godrej Ananda

A very stunning and affordable residential property Godrej Ananda is launched by the renowned Godrej Properties in one of the very promising Aerospace Park, North Bangalore. Studio, 2 and 3 bedroom sets of meticulously designed abodes of comforts and conveniences highlight each home here with world-class leisure and fitness amenities. Godrej Ananda is one of the projects which the young NRIs can go ahead and invest in as it is developed by a reputed developer in a prime location with a starting price of INR 25.99 lakhs only!

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