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Invest to cash in the booming NRI property market

Olivia Souter, January 7, 2024

Until the recent past, the real-estate market in Gurgaon has been dominated by regional players and it was supposed to be confined to the prospective buyers from the Delhi NCR region only.

But, gradually things started changing and money poured in from big brands and in a few years’ time, the same city has experienced an unexpected shift. Because of this developing trend, now the city has become a foothold to almost all the big companies thurner kaarst.

The shift from local to national and international players has been steered by the presence of major developers who anchored this change. Now Gurgaon is known for being an attractive destination, which is pulling in even non-resident Indians to invest back in their own country, which they left years back in the past. Because of paucity of opportunities, these NRIs couldn’t get adequate investment options in India in the past.

But Gurgaon’s ever expanding real estate business has offered them an ideal opportunity at present to invest to get good returns in future. The real-estate business in Gurgaon had experienced several roller-coaster rides in the early years of 21st century, which seems to have settled now. Currently the property business in this region is not going to shake and shudder. Some losers in this market may narrate altogether a different story of the past but the current market looks stable, promising and guarantees wonderful return for the high end investors.

To understand this importance and the possibilities a growing market, Indians living in Canada, USA, UK, UAE, Australia and New Zealand, to name a few, are showing increasing interest in the Gurgaon’s real estate market. This fast flourishing cyber city has successfully tried to accommodate the lifestyle changes of the NRI community in its housing schemes to showcase world class development work at a very attractive price.

To fulfill huge demands of this community, huge investments on housing properties for NRI have been made. This is the right time to expand your investment profile by investing in the burgeoning property market of this Haryana city. The FDI norms in India are the most liberal one among all the developing nations and that promises a consistent fund flow in this part of the region.

In the recent years, several realty reports have indicated that Gurgaon is among the top listed Indian cities. So it is considered to be the best option of housing for NRI in Delhi NCR. NRI property in Delhi NCR is available in other parts of the region as well but this may not match the other benefits, which this millennium city offers to investors. Since the city is strategically located nearest to the several key points from the capital city Delhi, it remains in top priority.

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