The amount of NRI investment in the real estate market has increased, which has broadened the consumer base for developers and compelled them to upgrade their projects to keep up with rising living standards around the world.
According to Anurag Goel, Director of Goel Ganga Developments, corporate culture is developing and changing. Scalable high-paying career prospects are expanding, and the number of colleges and universities catering to international firms is skyrocketing. He added that the growth of these interconnected variables has significantly boosted NRI’s interest in investing and perhaps relocating to India.
Luxury residences and vacation properties in India have attracted the attention of most NRIs; hence they consider investing in real estate profitable.
Source: Rise in NRI investments promising indicator for the real estate industry
