Property Investments for NRIs
Why should NRIs (Non-Resident Indians) invest in a India property?
If you are an NRI, then you have probably toyed around with the idea of investing in the thriving Indian real estate market. In fact, this market is at an all time high and everywhere you look; there are several opportunities to make investments which will have great returns! It is probably one of the most lucrative sectors to invest in these days, if you are looking to invest in India.
Why so? Well, since India is rapidly developing, it is becoming a destination which is extremely popular for all sorts of businesses. These include Information technology, FMCG, telecommunications, automobile and manufacturing industries and as a result of this, property prices are at an all time high.
Potential of NRI Property investments in India
Why it is such a good idea to invest in the real estate business, especially the NRI real estate business in India, is because it is one sector if the market which has been practically untouched by recession and this is no mean feat. Therefore, clever investors have grabbed this opportunity with both hands and are investing in droves. What is more, the real estate market gets the benefit of up to hundred percent FDI and this is what foreign investors find so attractive. In fact, today’s India holds the 9th position globally among the top ranking retail markets and is ahead of many developed countries! There is a growth of almost 10-15 (percent) each year! The major reason behind why people are investing in the Indian market is the extremely fast growth rate that the Indian economy is enjoying currently. In fact, just the previous year, the Indian economy boasted a really high growth rate of 8.1% and in today’s times that figure is really something.
There are of course, several other benefits of investing in the thriving Indian markets. Generally, if you invest in property and real estate, you will be able to take advantage of a really large amount of dividend. This is the major reason why seventy percent of the investors are making major profits from investing in the real estate industry.
In fact, in order to promote the real estate industry in India, several banking institutions are providing certain schemes and funds which are designed to cater exclusively to those interested in investing in real estate. In order to get an actual feel of the market, you can go ahead and meet with investment bankers, bank officials and also property brokers. A large number of townships, industrial estates, malls for shopping, office buildings and commercial complexes are mushrooming all over the country. These buildings are found in both big cities and small towns, without exception and you will find that there is a really great demand for these projects in different cities.
Watch Out For
Now, without exception each and every person wants to own a prime piece of property or a good home and they can do so with the help of these investments. This is the single most important reason behind why the real estate market is on the rise. In fact, there are many real estate property development groups which have succeeded in making their mark in the Indian real estate scenario.
And a whole lot more. Apart from that, Indian realtors like DLF are also thriving. The cities to look at are the metropolises – New Delhi (faridabad, Noida, Gurgaon), Bangalore, Kolkata, Mumbai, Chennai and Hyderabad. These areas are where the real estate industry is positively thriving and NRIs who are looking to invest in the real estate industry can make a lucrative income here.