Indian economy has been a delight to the NRIsfor more than two decades. As per the latest report from Housing.com, total investments in the real estate segment are expected to cross $10 billion-dollar mark by 2020. An approximate 30 million NRIs, living in 130 countries, are sending remittances back home constantly. According to the World Bank, India remains top in remittances by emigrants from overseas. These remittances are primarily used for family requirements and investments in real estate and stocks. Real estate is favored over other investments for creating a luxury lifestyle for family and certainly, for a more robust return on investment (ROI).
NRI Investment in India
Billion Dollar
Source: Housing.com
Government’s Investment Policies :
People residing outside India holding Indian passports and other people of Indian origin are allowed to invest in both residential and commercial properties in India by the Reserve Bank of India (RBI).
The Foreign Exchange Management Act (FEMA) have also changed the standards and guidelines for NRIs to make an investment in real estate.
These investment laws were revised to help NRIs move their investments liberally in and out of the country, which in turn, won the trust of NRIs and gave them freedom to invest their hard earned savings easily in India, evident from 212% growth in NRI investment in India over a span of 6 years.
The real estate developers in India are also not leaving any stone unturned to embrace the overseas market and reflecting Indian culture and tradition of Atithi devo bhava in their business ethics and day to day business transactions. In turn, construction and recent government major initiatives in India is attracting steady and large NRI investment back home.
Market Response :
The impressive growth of IT business has placed Hyderabad on the international map.
Today, NRIs across globe are keen to makeHyderabad their next abode; moderate climatebeing one of many factors attracting Non-Resident Indians to City of Pearls
Hyderabad ranked at 75th place in global start-up ranking in 2019, according to a report by StartupBlink.It indicates thatsocio-economic conditions inHyderabad areconduciveto the massive growth in business for millions of our young entrepreneurs.
World renowned social institutions like ISB, IIIT, University of Hyderabad, Samashti International School, Citizens Hospital, Continental Hospital, business centers like Wipro Circle, Wave Rock SEZetc., are working in the favor of Tellapur’s growth YoY.
Live the Intelligent Life with Aliens Group
One of the real estate developer who provides an NRI investor with world class standards of living is Aliens Group. One of its landmark project is Space Station Township where some of its distinct features are home automation, advance security features and presence of 80% green space and many more ecologically sustainable features. Being meticulously planned by the world renowned architects has ledthe project to be quiteperfect on ecological parameters and being awarded Platinum Pre-Certification from IGBC. With the most stylish way, spellbinding &voguish specifications and top-notch amenities rendered, Space Station Township is definitely one of the best real estate investment for any NRI.