NRI: All about Real Estate in India

Why, How and Where are three common questions that keep arising when we talk about investing Indian Real Estate. This is what we are going to help you with in this article. Starting from ‘why’, then ‘where’, to finally ‘how’, we would try to answer all your queries.

India has proved that it possess a lot of potential. Urbanization and Globalization are the major factors behind the boom in Real Estate Industry. This growth has focused on mainly three sectors, Residential, Commercial and Retail.

Growth in commercial Real Estate sector is due to the rapid growth in Outsourcing Sector and IT/ITeS. Growth in Tourism Industry is also behind this huge improvement in Real Estate Scenario. This has not only affected the employment opportunities, lifestyle and class but also has increased the cash flow directly improving the country’s economy.

All of this has directly attracted the interest of NRIs to invest in Indian Real Estate. Though the reasons are different; some want to settle in, some just look for a traveling spot and some for investment purposes. Though the Tier I cities are showing a kind of saturation but the good news is that Tier II cities are attracting a lot of builders and developers to launch their projects. It has been estimated that Indian Real Estate is growing at a rate of 30% per annum.  Real Estate sector is one of the safest sectors to invest your money in.
                                                                             
When we talk about places offering good investing options, the top names in present scenario are Noida, Greater Noida and Gurgaon. These three are the most promising cities at present. If we talk about only commercial investments that include office markets then apart from the above three, Mumbai and Bangalore are also among the promising cities to invest in. The builders like Vatika, Vipul, DLF, Bestech, Unitech, BPTP, M2K, Ireo and Homestead are few of those who have captured the Real Estate market by launching their premium projects in different areas of Noida, Greater Noida and Gurgaon.

After having an in-depth knowledge about the market, the most important thing to consider is that how can you invest in the market? Basically if you are a NRI, you tend to have an lesser knowledge about the Real Estate market. Major things that one must keep in mind during investment, mainly when it involves NRIs are:

1.THE REQUIRMENT: Knowing the requirements is the foremost necessity. One should invest according to the purpose of investing.

2.EXPERT ADVICE: It is really important to take an expert advice when investing in a particular project. The important thing is to choose a reliable source, who can help you in investing in the appropriate project.
India has a lot of scope for Real Estate investments.

We will keep you updated for the same in our coming Blogs!! Keep visiting us!

Property in Gurgaon