Investing in Indian Real estate is one thoughtful decision which is made by NRIs (Non Resident Indians). With the new world and change market dynamics there is a gradual increase in commercial property investment by NRIs. The Indian commercial sector is experiencing a new level of growth which is backed by strong economic fundamentals. Amplifying urbanization, many retail brands coming up in India are some of the factors why NRI’s are likely keen in investing.
The introduction of RERA which has brought more transparency and accountability in the working system and the increasing rental has made people think over investing in commercial spaces. All the investors are trying to invest in a commercial property as it is expected to have capital appreciation soon. Moreover, NRI’s major concern after buying the property is maintenance so it’s better that they invest in commercial property as it will be leased for a long term and is a hassle free deal choice.
NRI’s investment deal is more profitable to them as they can avail loans in India and also claim tax benefits. Some of the major cities which are witnessing of such office places are Bengaluru, Mumbai, Chennai, Pune, Hyderabad and Delhi NCR. And if you analyze it then Delhi-NCR, Noida has become one of the best and ideal destination for commercial investment. You will find some of the iconic commercial projects already in use or under construction with most attractive facilities which make it worth for investment.
To put it in nut shell we have an idea that NRI’s investment in commercial real estate sector is bound to increase in the coming time setting new standards of working and living life.