The interest of a Non-Resident Indian (NRI) in buying luxurious properties is a well-known trend. An NRI investor has more liquidity entailing their high-earning and need for high-standard living, for which, a luxury residence is a perfect investment. Now, why do NRI’s particularly lookout for a property in India?

There are various reasons of luxury housing that benefit an NRI buying property in India. Let’s explore them.

  • Profitability
    NRI’s can substantially find attractive real estate options in the Indian market which offer all the features and facilities that they need in a luxury house. Since the value of the foreign currency tends to supersede Indian currency, NRI’s find the opportunity to invest in Indian real estate more tempting as it will certainly generate them profits either ways-by living or leasing.

  • Sense of belonging
    Away from home only means always in the heart. NRI’s feel a sense of belonging in India that is their home. A LinkedIn article by Nupur Dave, the author of “Back Home” shows small scale data-driven results that NRI’s who move out of India mostly tend to return home after a certain period of years. The factors that count for the decision to move out or back home include age, marriage, familial ties, children, or employment.

  • High-standard living led luxury homes for NRI’s
    The component that NRI’s have more inclination towards investing in Indian real estate gives a push to them being the target audience for the real estate market in metropolitan cities. It is seen that in times when the real estate market fluctuates, the NRI investments in the market have shown a strong foothold. In countries like the UK and US, the standard of living is well-off and that is another factor that NRI’s look for while buying properties. Considering this, the properties developed in urban areas come with built-in premium living needs, making them a hot property for NRI’s.

Above are the reasons why NRI’s are on a lookout for a property in India. Their high-end luxury property needs are met by elite real estate projects in cities like Chennai, Bangalore, Hyderabad, and Pune, where the standard of living and cost of living meet their expectations. Here’s one such elite project in the city of Pune.

Huddled amid a green location in Pune is Verde Residential Collection. A gated community in Kalyani Nagar offering the most premium flats in Pune. The location itself speaks the language of prosperity, ingenuity, and inspiring architectural designs. The view of 200 acres of lush greenery makes the property an eye-catching site for all real estate investors. The homes are complemented with architectural plans that allow the natural elements of abundant air and light flow through the premium residences.

The community cascades 3 towers that offer a resident dreamlike living. Life here is all about balancing work-life with a lifestyle suitable for a modern-day civilian. The luxury flats at Verde Residential Collection are what checks off every factor on an NRI’s list looking out for a luxury property in India.