Investing in one’s home country has several advantages beyond monetary gains. If the NRI plans to return and settle in India after retirement or many years of working, their investments can play a gargantuan role in helping them find their ground again. Home investments also work as a healthy reservoir in case of unforeseen circumstances. Investing in one’s home country also helps diversify the financial portfolio.
Although investment options are countless, NRIs often wonder about the absolute best options for them. Real estate is the clear winner among several lucrative opportunities such as gold, stocks and others. As the adage goes, real estate never lets you down and gets tangible results that are safer, appreciate over time, and turn into strong sources of income.
The recent fall of the Indian Rupee was truly the last straw. Although Indian real estate purchases have always been popular with NRI investors, the currency’s depreciation suddenly opened new possibilities by offering increased spending power with investments. It’s therefore not surprising that investors from countries with a healthy NRI population, such as the United Arab Emirates, Singapore, Australia, the UK, France, and Saudi Arabia, are actively investing in Indian real estate.Data suggests that between January and June 2022, search traffic from NRI customers looking to purchase a property in India increased by 117.7% compared to 2020.
The Indian real estate sector has grown significantly despite several challenges. As per industry statistics, property prices in the country increased by about 70% in absolute terms in the five years between June 2012 and June 2017. Another interesting observation that serves as a cherry on the cake is the increased demand for real estate investment in India among NRIs, especially within the age group of 35 to 45.
The next obvious question that remains is the best locations to invest in. Prominent hubs such as Bengaluru, Mumbai, Chennai, Delhi-NCR, and Hyderabad are every investor’s favourite because of their secure monthly rental incomes. NRI buyers also want to buy 3 and 4 BHK properties instead of more affordable options. Moreover, destinations like Bengaluru have been declared one of the APAC region’s most sought-after investment havens.
2023 is a monumental year for the Indian real estate market. The growth of investor confidence in the Indian real estate market will continue to ramp up well into 2023. Investing in a property in India has never been easier or more promising. Smart investors must capitalise on this unprecedented opportunity to maximise wealth in the short and long run with few risks. Some opportunities knock on your door just once, and India’s real estate is one such possibility that promises a future in gold.
Embassy Springs has always been a landmark investment option for NRIs across geographies. Reputed for the international level of build and craftsmanship along with benchmark processes and accreditations has made the project one of the most trustworthy investments in India.
This 288-acre township offers everything global families could possibly need or want, including a hospital, school, places of worship, Neighborhood retail, commercial & high street, North Bengaluru’s largest private club, and more.
To put it another way, Embassy Springs is a fantastic solution for those who want to reside in a self-sufficient community and move beyond the traditional meaning of "home." Investors from all over the world have always shown keen interest in the brand Embassy, and all its developments due to its uncompromising adherence to quality standards and timelines, which also comes with property and asset management services.
