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NRI investment in Indian real estate crosses $10bn mark this year

Discussion in 'Real estate Investment' started by Saloni Mehta, Sep 27, 2018.

  1. Saloni Mehta Member

    A report on the state of NRI investments in the Indian real estate sector, compiled by 360 Realtors, a leading real estate consulting company, has found that NRI investments in Indian real estate has already doubled from $5bn in 2014 to $10.2bn in 2018. This growth is largely driven by five cities - Mumbai, Pune, Bangalore, Gurugram, and Noida. The key driving factors are the dwindling rupee that has made Indian real estate more affordable, regulations like RERA that have led to increased transparency, and growing developer focus on the expatriate market.

    Source: https://www.indiainfoline.com/artic...osses-10bn-mark-this-year-118092600371_1.html

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