The demand for luxurious residences that offer a unique living experience has been growing in the Indian market over the last few years. An increased number of high-net-worth individuals, rapid urbanisation, and rising incomes are just some of the factors contributing to that growth.
A report by real estate firm Anarock found that 71 per cent of NRIs consider investment in the Indian housing market as the best bet, markedly higher than 55 per cent in a pre-Covid edition of the survey.
In India, investing in real estate has historically been seen to have various advantages. And for good reasons. It is feasible to leverage real estate and create wealth via the use of well-chosen assets that provide consistent cash flow, high yields, tax benefits, and diversity of portfolio.
Renting out property comes with its set of challenges for safeguarding the property. If you are considering renting out your property, then here is a checklist to help you expedite the process.
If you are a Non-resident Indian (NRI) looking to purchase property here, then this is a good time because the real estate market in India has never looked as lucrative in the last few decades as it does now.
Goa leads domestic demand for second homes, with a fifth of respondents interested in buying a second home in the state and experts expect the international airport at Mopa to have a multiplier effect on Goa, both as a destination for tourism and a state to own a home in.
Sales for vacation homes have sky-rocketed in the last couple of years. Purchasing a second home is often not just about investment, but also about a lifestyle choice, an alternate residence, a future residence, or simply diversifying assets.
Sixty seven per cent of high net worth individuals (HNIs) are planning to buy a luxury property in the next two years in order to upgrade their lifestyle, revealed a survey conducted by India Sotheby’s International Realty.
Perhaps the most important high point of 2021 for the Indian residential real estate market was that the real estate business did not come to a standstill despite the second wave of the pandemic, and shown resilience to come back from the lows of the uncertainty.