Published 14:06 IST, June 10th 2024
Where should NRIs put their money in India's luxury housing?
Key investment areas include Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Pune, and emerging opportunities in non-metro cities like Goa, Rishikesh & Coorg.
- Deep Scroll
- 1 min read
Realty opportunities for NRI: India's luxury housing market presents a compelling opportunity for Non-Resident Indians (NRIs) eager to invest in premium real estate with the potential for substantial returns.
“Valued at approximately $10 billion in 2023, this sector has seen robust growth, expanding at an annual rate of 12-15 per cent over the past five years,” Chirag Mehta, Founder, Arbour Investments told Republic Business.
“This surge is fuelled by India's strong economic performance and rising disposable incomes amongst the affluent, creating a fertile environment for high-end residential investments,” Mehta added.
Republic Business takes a deep dive into the extensive real estate opportunities available in India, focusing on the unique prospects for NRIs.
Updated 14:34 IST, June 10th 2024