NRIs coming home to realty market…


Where the Indian real estate market is concerned, Non-Resident Indians (NRIs) and People of Indian Origin (PIO) have never had it so good.

Ashwinder Raj Singh, CEO – Residential Services, JLL India, observed: “Generally, the NRI community prefers to invest in their states of origin — primarily Kerala, Karnataka, Tamil Nadu, Maharashtra and Delhi-NCR.

“However, since residential inventory has piled up in the two major cities of Delhi and Mumbai, investors are currently very well placed to find good bargains in these markets, as most developers there are offering discounts and attractive financial schemes.”

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