Uploaded on Feb 14, 2023
With uncertainties brewing during the pandemic, followed by subsequent lockdowns, the Indian economy and real estate market faced a major backdrop, disrupting the trend of rentals, purchase, and leasing in Indian real estate market. However, it is now resurgent, becoming a hot topic among investors.
Why India becomes the preferred location for Real Estate Investment
Why India
becomes the
preferred location
for Real Estate
Investment?
Depreciating Rupee
Value
The depreciation of currency depends on several
factors that includes worldwide geopolitical
stability, decline in food imports, an increase in oil
cost and the concomitant increase in inflation.
The depreciating value of Indian rupees against
US dollar may not be the good news for Indian
homebuyers or investors but it is an opportunity
for NRIs to invest in India, a chance to convert
their hard-earned money into a lucrative
investment.
2
Expanding Market
Real Estate is the second largest employer in India
which contributes 6-7 per cent to the India’s total
GDP. However, during pandemic it saw a major
backdrop but with the help of government policies
favouring homebuyers and developers, it is now
reviving post pandemic, attracting a huge traction
from foreign investors. The government policies
and implementation of regulatory body such as
RERA has improved the residential sector by
safeguarding the homebuyers, ensuring the
project completion within deadlines, and reviving
the stagnant project for timely possession.
3
Reduced interest rate in other
investment options
Real Estate is the second largest employer in India
which contributes 6-7 per cent to the India’s total
GDP. However, during pandemic it saw a major
backdrop but with the help of government policies
favouring homebuyers and developers, it is now
reviving post pandemic, attracting a huge traction
from foreign investors. The government policies
and implementation of regulatory body such as
RERA has improved the residential sector by
safeguarding the homebuyers, ensuring the
project completion within deadlines, and reviving
the stagnant project for timely possession.
4
Simplified Tax System
As India continues to be one of the leading
recipients of foreign currency from overseas, a
simplified taxation environment encourages NRIs
to keep their surplus money in India. Additionally,
NRIs receive an indexation benefit for real estate
owned in India. They can easily invest in the
Indian real estate market with the help of a set
paperwork checklist. When buying a property,
NRIs can transfer funds to their NRO account and
use these funds to pay the seller.
5
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