NRIs are buying Indian homes faster than ever— why the average Indian can’t compete? Expert explains
NRIs are increasingly driving momentum in India’s property market. Shifts in global financial trends and rapid changes within India’s real estate landscape have created an attractive window for overseas Indians to invest back home. A key trigger behind this surge is the continued slide of the Indian rupee. For NRIs earning in foreign currencies such as the US dollar, pound sterling, or euro, the weaker rupee effectively stretches their purchasing power. This currency edge enables them to acquire high-end properties in India at more affordable rates when compared to domestic...