On the To-Do List: A Home Back in India

For many Non-Resident Indians (NRIs), owning property in India is no longer just a sentimental idea but a strategic priority. Post-COVID, there’s been a surge in NRI real estate investments, particularly in cities like Hyderabad. NRIs are now looking at real estate as both a solid financial move and a way to reconnect with their roots.

Safety, Investment, and Connection

The decision to invest in Hyderabad real estate is often driven by a blend of emotional and practical factors. Many NRIs aim to secure a future home for their families, ensure safety, or simply capitalize on the booming Indian market. Additionally, property ownership serves as a tangible connection to their homeland, adding to the appeal. With India’s economy continuing to grow, real estate presents itself as a stable investment compared to global financial markets.

Demand for Luxury Homes

Hyderabad has become a hot spot for NRI investments, particularly among tech entrepreneurs and professionals in the US. The city’s luxury housing market is thriving, with average ticket sizes ranging from Rs 3 crore to Rs 5 crore. The demand for larger, premium homes with exclusive amenities continues to rise, driven by NRIs seeking not just space but also a lifestyle that matches international standards.

A Smart Financial Move

NRIs contributed over $13 billion in Indian real estate investments in 2023, with projections estimating that by 2025, they will account for 20% of total real estate investments. The appeal lies in long-term capital appreciation and the strategic advantage of a depreciating rupee, which enhances currency gains when repatriating funds. Additionally, India’s stricter compliance norms under RERA have boosted NRI confidence in safe investments with reputed developers.

Looking Ahead

The current demand for real estate among NRIs is expected to persist for the next three years. The combination of financial security, a desire to maintain a connection to India, and the thriving luxury property market in cities like Hyderabad makes real estate an attractive option for NRIs.