According to the survey, since the last few years, Indian Real Estate has achieved a very strong position in the stock markets. The Indian property sector achieved an average growth of 30% last year and now India is the fifth largest economy in the world. There are many factors that are (eliminate) responsible for that and NRI Investment is one of them. We know that due to the constant growth of the Indian economy, investors are reaping the benefits of the current wave.

Investors in Indian property are NRIs (Non-Resident Indians) or of Indian origin; however, they both want to take advantage of the benefit of being Indian or of Indian origin. Also the Indian government’s recent declaration of reforms/relaxations for such an influx of investors influences NRI’s real estate investment. India is the second largest among emerging nations that has shown potential growth in the investment destination for the NRI population.

The Indian government as well as the Indian real estate market provides a special NRI real estate quota to the NRI population for various land sales to attract more and more foreign investment. Major banks and financial institutions separately take NRI trading services, which include NREs, NRO bank accounts, home loans and other home loan related products. For more details on NRI investment procedures and available help, check out the banks’ websites. The housing bubble is flourishing with huge investment from all sides but NRI investment plays a key role for that.

The following are the factors that are responsible for the attraction of NRI investments in the real estate sector of India:

– Sale of land for commercial, residential and industrial development.
– Infrastructure support for global real estate development.
– Strong support for NRI investments and FDI.
– Clear policies for real estate transactions.
– Liberal GOI and RBI rules for NRI property and NRI housing investment.
– There are no limits to acquire the maximum number of properties.
– Easy availability of financing.
– Simpler payment processes. For example, normal incoming remittances or debit to your NRE or NRO bank account.

The factors listed above have given a strong point to the Indian real estate market in the current market and will also provide a potential to touch USD 30 million in the next five years. Returns on real estate investments have outperformed other investments.

However, the easy availability of home loans by financial institutions in India, NRI remittance and repatriation procedures and last but not least, easy operability of NRE, NRO and NRCS has materialized as the best of all prospects available to NRIs hoping to return to India.