NRI investments in Indian real estate set to cross $14 billion in 2025
Investments from Non-Resident Indians (NRIs) in the Indian real estate market are projected to exceed $14 billion in 2025, according to a recent report by ANAROCK Property Consultants. This marks a significant 18% increase compared to the previous year's figures.
The report highlights that NRIs are increasingly viewing Indian real estate as a stable investment avenue, particularly given the rupee depreciation which makes property acquisition more affordable for dollar-earning individuals. Top investment destinations include Bengaluru, Mumbai, Pune, Chennai, and the Delhi-NCR region.
"We're seeing a notable shift in NRI investment patterns," explains Anuj Puri, Chairman of ANAROCK Group. "While residential properties, especially in the luxury segment, continue to be preferred, there's growing interest in commercial properties like office spaces and retail, which offer better rental yields."
The report also notes that NRIs from the UAE, USA, UK, and Singapore account for approximately 75% of all NRI investments in Indian real estate. Among these, those from the UAE and USA have shown the most significant increase in investment volumes.
Tech-enabled property search and virtual tours, along with improved transparency due to RERA (Real Estate Regulatory Authority), have made it easier for NRIs to invest from abroad without necessitating multiple trips to India.