A survey indicates that 89% of UAE-based NRIs invest in real estate in India, driven by factors like rupee depreciation and high return expectations from premium properties.
The depreciating rupee has increased demand for residential properties from NRIs, particularly in Mumbai. Developers are also offering discounts due to liquidity concerns, making properties more attractive.
The Indian real estate market offers lucrative investment opportunities for NRIs, particularly due to the rupee's depreciation. Experts suggest that now is a good time for NRIs to invest in various property types.