author Call Us: +91 8767331199

Compare Listings

Gulf-Based NRI’s May Find Indian Realty Attractive, Here’s Why

Gulf-Based NRI’s May Find Indian Realty Attractive, Here’s Why

Gulf-Based NRI’s May Find Indian Realty Attractive, Here’s Why

India is the third largest investor in United Arab Emirates (UAE) with industry giants like L&T, Pioneer Cement and Punj Lloyd bagging new projects in the country. Interestingly, NRIs living in the country, who form a major part of the population, are keenly focusing on newer investment opportunities in India. Industry insiders estimate that the NRI investment in 2017 in Indian cities will touch $11.5 billion. This amounts to 20 per cent of the total market share, presently estimated at $60 billion. The UAE has been particularly in focus post the visit of the crown prince Mohammed bin Zayed Al Nahyan.

Key Drivers:

  • Pro-investors government
  • Technology boosts NRI investments
  • Efforts by developer community and marketing agencies
  • Growth of affordable housing
  • Key investment hotspots

READ MORE

Related posts

Positive impact of Demonetization and RERA on Real Estate Industry for NRI’s

In the past couple of years India has seen a sea change in its economic reforms. There has been a...

Continue reading

HNIs In East Africa and UAE

Introduction With the current trend of the Indian economy, it has been predicted that investment...

Continue reading

Does Capital Gains Tax (CGT) apply to NRI/PIO/OCI?

Does Capital Gains Tax (CGT) apply to NRI/PIO/OCI? Yes. Long-term and short-term capital gains are...

Continue reading

Join The Discussion

FACEBOOK
YOUTUBE
PINTEREST
LINKEDIN