Indian Real Estate Investment. A Golden Investment option for NRIs - Non Resident Indians

Indian Real Estate Investment – A Golden Investment option for NRIs - Non Resident Indians

Real Estate Investment in India has always been a very profitable and investment. Unlike other countries, India always has a very good demand and consumption for real estate and properties. At this current juncture where the Indian economy is a wee bit on the slower side and there is a bit of instability in the finance market, the NRI community can get a huge benefit by investing in Indian properties and secure their future for themselves and their generations to come.

PropertyCrow.com gets to the crux of the Indian real estate investment scenario for NRIs and investigates the profitability of the same.

Indian Real Estate Market – A brief synopsis

If one carefully analyses Indian real estate in the last two decades, it is easy to understand that it has grown by leaps and bounds in almost every location. Albeit the growth in some areas has been more compared to other areas BUT real estate in India has definitely been one of its success stories.

What drives this Indian real estate growth?

India has the second largest population in India with the largest youth population. The real estate demand is an organic one due to this very reason and is hardly influenced by external forces. Indians, as a cultural practice or habit are very keen about buying homes rather than renting due to the emotional factor and the residential demand in Indian real estate is the highest. Apartfrom this as India moves into the new age, it has been growing across all verticals – automotive, education, infrastructure, etc. It has attracted a lot of foreign investors, MNCs, businessmen who have also contributed by increasing the employment and per capita incomes. Therefore the real estate sector has seen a tremendous demand not only in the residential sector but also in the commercial space, retail space, hospitality industries, etc.

In a nutshell the following factors are contributing towards Indian real estate boom:

* Positive Demographics

* Increase in per capita income increasing the purchasing power of the average Indian

* Easy Home Loans at affordable interest rates

* Improvement in real estate service, better transparency, people friendly policies by the Government including use of technology, ease of stamp duty payments, etc.

* Overall improvement in the Indian real estate industry in general.

As an NRI what are the risks for me while buying Indian real estate?

Like any investment, Indian real estate investment has to be done with all the due diligence sorted out. These include the property title, work permissions for the developer, documentations, property valuations, loan eligibility, credibility of the property developer, etc. However the most crucial aspect is to hire a professional realtor to help you achieve your objectives. As an NRI customer in most cases the developers offer attractive deals to gain further referrals from the NRI client. In fact PropertyCrow.com groups a lot of NRI buyers and provides excellent property deals with the best Indian property developers.

Currency valuation - A big factor

Non residential Indians have a huge plus when it comes to taking advantage of the currency valuations. In case you are buying after converting your dollars, euros or pounds you are bound to get benefited due the difference in valuation and incase the value of the rupee drops, the benefit increases further.

Multiple options in Indian real estate investment:

The vast number of choices in terms of real estate locations, dynamics, prices, markets in India is simply unique. You can choose a hot spot like Mumbai, Pune, Gurgaon or look for more stable real estate investments in Bangalore, Chennai, Coimbatore or even invest small amounts in Tier-1, Tier-2, Tier-3 cities which are growing in terms of development every day.

Log on to www.propertycrow.com for the best property investment options in India.