NRIs are excited to invest in India. Why? Because buying real estate in India is affordable, and easy. The NRIs are also enthusiastic about investing in residential and commercial property, such as apartments, villas, and houses for sale in Chandigarh

NRIs are excited to invest in India. And they should be. India is starting to overtake the U.S. in terms of investment by non-residents. More Real Estate Company Chandigarh is launching their projects, with more exclusivity, and more selection in terms of location and price points. India’s demographics align perfectly with many of the markets globally, which could make it a lucrative place to invest.

So, let’s explore the reasons:

Property Prices Are Still Cheaper Than in The Us Or Uk

When you compare the cost of living in India with other countries, it is easy to see why people choose India as their base for business and leisure activities. To exemplify, the average person earns about $1,500 per month here compared to $4,500 per month in the USA and $5,000 per month in the UK. This means that your monthly expenses will be lower if you want to live an international lifestyle while earning more income at home.

The Value Of The Indian Rupee Is Rising Rapidly Against Us Dollar And Pound Sterling

When the value of the rupee rises against the dollar or pound sterling, it means that prices will also rise because there is less money flowing into your pocket when you pay taxes in USD or GBP. The same principle applies when buying an apartment or house here because property prices rise when there is a rise in demand. 

India Is Booming Economically

The attraction of investing in Indian real estate has a lot to do with the country’s recent economic boom and its stability. While the country’s economy has been growing at a steady rate, it has also been stable. This means that investors can make money while they sleep, so to speak.

Ease Of Restrictions

The government has also taken steps to ease restrictions on foreign investments in India. The real estate sector is one area where foreigners have been given greater access than other industries like mining or manufacturing plants.

Low Cost Of Funds

The cost of funds for an Indian investor is much lower than that for an international investor. In fact, it is very easy for an Indian investor to source funds from the local market as against an international investor who needs to go through multiple intermediaries for funding his investment. This will result in a saving of about 15% on interest costs alone!

Affordable Prices

India is a country where foreign investors can really benefit as compared to other countries such as China or Thailand. While property prices in these countries may be high, India offers great opportunities for foreign investors who want to buy properties at genuine prices. 

To Wrap up, 

It’s no secret that residential property in Mohali has been one of the most popular investment options in India. The housing market has seen an explosion in demand in recent years, with over 40 million new households being formed every year.