Why Is It The Perfect Time For NRIs to Invest in Real Estate in India?
Opportunity Created Due To Currency And Foreign Exchange Rate
India’s rupee ’s valuation against the US dollar $, with the exchange rate falling from Rs 68+ to Rs 80+, has created an opportunity for NRI investors looking to invest in Real Estate sector in India. There is a drastic increase in search traffic from NRIs looking to invest in properties in India.
Real estate investing has always been a popular method for NRI investors. Currency devaluation increases the value of capital, so take advantage of this increased purchasing power in real estate investments.
Indian Real Estate Market Robust Growth.
Adding India based Real Estate assets to your portfolio provides a safer asset that grows in value over time and allows you to recoup some of your original investment through monthly rental payments. No wonder investors from countries with healthy Indian immigrant populations such as the United States, United Kingdom, United Arab Emirates, Singapore, Australia, Saudi Arabia and France are making inquiries to buy properties in India.
Post pandemic most NRI investors are exploring purchasing larger properties, even preferring 3BHK and 4BHK units over more affordable options. This preference is in line with an increasing demand for more larger living spaces, where urban residents are ready to pay a higher premium for greater comfort and lifestyles.
Leveraging PropTech & Digitisation
One can leverage a mix of PropTech, digitisation, and consultant services to help you identify the most suitable investment options that best suits your specific investment objectives.
Market trends, pricing, project updates, developer/builders profiles, RERA approval status, etc. are available at your disposal through proptech platforms, while dedicated consultants can help one to reduce the confusion and time associated with identifying the most suitable investment options.
Alternative Real Estate Investments Trends
While many NRIs are considering investment in properties in both residential and commercial sectors, there’s an increasing trend of investing in alternative and unconventional real estate investments such as Non-Convertible Debentures (NCDs), REIT, Fractional Ownerships, CoLiving Spaces, etc