Source: Construction Week (

Investment by non-resident Indians (NRIs) in India has revolutionized the Indian real estate industry over the last few years. Today, these investments are shaping the industry for the future and serving as a unifying factor for growth in the short and long run.

NRI investments related to the surge, beyond financial figures, include the 15% increase in investment in the first half of 2023, compared to 2022. Growing focus on sustainable projects and the increasing use of online platforms is actively shaping the trajectory of the Indian real estate sector. This shows a change of strategy in their investment style and also heightens the industry’s efficiency and profitability.

As per data, NRIs are presently becoming bigger financiers in the Indian real estate, contributing to about 20% of total primary sales. This reflects the significant role played by the NRI investors in driving the growth of the industry, beyond ordinary statistical variations. NRIs as homebuyers turned active investors have been bringing a new perspective and a new impetus into the sector – this is a serious transition that appertains to change in the industry’s basics.

There is also an emotional side as most NRIs look at real estate investment as an opportunity to touch their cultural identity. Such investment entails more than just finances as it incorporates emotional and cultural aspects.

A recent analysis indicated that at the ranking of investment indicators NRI investments will increase to $50bn by 2030. NRIs form over 20% of the primary sales to the Indian real estate sector, which has already exceeded the earlier predictions of the first half of 2023.

Interestingly, NRIs are investors with a difference, signifying a progressive thought process that is more inclined to sustainable ventures. They emphasize the progressive growth which shows their concern for the long-term environment.

The expected benefits will not only be financial but also the interrelationship of cultural backgrounds, anticipated development and innovative technologies.