There’s a sense of belonging that attracts Indian expats to their homeland, keeping them attached to their roots. Anupam Rastogi, Principal Partner – Square Yards, sheds some more light on this aspect of NRIs in a detailed article published by Realty+ Magazine.
No matter how much they adapt to new cultures or become global citizens, non-resident Indians still remain connected to India in multifarious ways. In fact, the love for their homeland is quite visible in the Indian real-estate market, which receives a sizable chunk of investments from NRI’s.
Going by market trends, Indian expats continue to find greater value in investing back in India. The whys are many, including a stable government at the centre, pro-active reforms like RERA and GST, and the fact that India remains one of the world’s fastest growing economies.
It’s not only about NRI’s investing in real-estate back home, out of personal affinities or pure sentiment. They have strongly defined their preferences as well.
Published by: Realty Plus
Date: 14 October 2019
