NRI Investments in Indian Real Estate Expected To Grow By 12%
NRIs have started returning to invest in Indian real estate as NRI investments in Indian real estate amounted to $13.1 billion last year and it is expected to grow by 12% this year, according to a report by 360 Realtors. Gurugram, with some of the most exclusive commercial and residential real estate, over the years has attracted NRIs and has emerged as a real estate investment hub in the past two decades. With a strong infrastructure and social fabric, representing some of the best international schools, hospitals, financial institutions, and retail spaces, in and around, it has become a preferred destination for NRIs and expats. NCR is already a hub for IT, BPO, and the corporate sector. Now with residential sales surging, Gurgaon is catching up with top cities in terms of service standards and luxurious amenities. The availability of super luxury, premium, and luxury projects across all categories makes NCR a top investment destination for NRIs as they prefer to live the same lifestyle as they do in other countries. NRIs are actively investing in NCR so to maximize returns and even for self-occupancy. Gurgaon has always been the preferred investment destination in North. Proximity to Indira Gandhi International Airport, quality infrastructure, strategic connectivity and the cosmopolitan culture has made Gurgaon a realty hotspot over the past few years. It is also a prominent commercial and business hub and home to several Fortune 500 global companies.
Tags : NRI Investments Indian Real Estate Indira Gandhi International Airport quality infrastructure strategic connectivity international schools hospitals financial institutions retail spaces NCR