NRIs to drive demand for residential property in India
June 13, 2020
Real estate has always proven to be the ultimate choice for investors. With greater revenues and minimal risks involved, it has gained immense popularity as an asset. With the current scenario of a pandemic, where the global economy is witnessing its worst phase, real estate is facing the toughest quarter in the last two decades. But developers have experienced a sudden spike in enquires from international buyers. With thousands of international brands now looking at India over China as their preferred destination for production and business going forward, India is gearing up for some major influx of global investments. The NRI investors have always been the first to forecast such trends and enjoy the first moved advantage in their home country, disregarding the general sentiment.