NRI Investment in Indian Real Estate
It is estimated that NRI investment in Indian real estate could amount to $20 billion out of the total $100 billion in foreign direct investment (FDI) expected to flow into India. This growing interest is attributed to favorable factors such as the expansion of the economy, better infrastructure, and increased urbanization floor area ratio, hence increased property prices in India. House prices across India have increased about 6 percent per year on average in the last 20 years, which makes it a beneficial investment opportunity in diversifying foreign investment portfolios.