It is estimated that the NRI real estate investment in India is as much as $20 billion out of a foreign direct investment of $100 billion. The growing interest of the NRIs in Indian real estate is due to several factors that include increased urbanization, better infrastructure and the expansion of the economy. That’s the reason why the prices of the properties in India are increasing so frequently. A Top Property Management Company like Grrow property Management Company will help you take the right investment decisions.
Advantages of NRI Property Investment in India
The advantages of NRI property investment are mentioned below:
1. Growth Potential is High
The NRI Investment in the Real Estate is one of the best options and the primary reason is the high rate of interest. The Real Estate Market in India has been growing rapidly since the last few years. Gurgaon is one of the cities where the value of the property have appreciated a lot.
2. Favourable Government Policies
In order to support NRI investment in the Real Estate sector the Indian government has come up with certain policies like the Pradhan Mantri Awas Yojna, Real Estate Regulation and Development Act and the Smart Cities Mission. These policies have made the environment much more transparent and regulated to attract the investors.
3. Steady Rental Income
Buying a residential or a commercial property in India is a good way to have an extra income through rent. There is an increasing demand for both residential and commercial spaces in the cities. That is the reason why the rental income rates have been very impressive especially in the IT sector of Gurgaon.
4. Diversification of Investment Portfolio
When you invest in Real Estate it is a good example of an asset class. You can incorporate I when you are diversifying your portfolio. It behaves differently in comparison to the other asset classes like the fixed income security or equities and also serves as an inflation insurance or inflation hedge. You can contact a Real estate management Company who will help you with your real estate investment.
5. Tax Benefits
The investors are able to compensate the interest on the home loans as tax exemptions under Section 80C of the IT Act. This is what makes properties a more lucrative investment option in India. Moreover, certain favourable tax advantages like the tax saving measures as well as capital gains make real estate quite a good tax effective investment.
6. Tangible Asset
Real Estate is a tangible as well as a physical investment vehicle. It is for this reason very attractive to people as it is quite a secure investment option. This is an advantages that real estate investment has over mutual investment or stocks. Therefore it has a high degree of control by investors.
7. High Demand for Housing
The Indian population is expanding rapidly. The moving of people from the rural to the urban areas is also permanent. This has increased the demand for the residences. Therefore, the demand for the residential real estate in India is not going to go down in the future. There are also emerging affordable projects that have fostered the investment of the Real Estate further.
8. Value Appreciation
The houses that are situated in the well-established regions have been growing in value after a certain period of time. Generally the investors who are able to invest in the properties of proper locations are surely going to benefit from capital gains in the long run.
Conclusion
The Real Estate Investment in India is not about just making money. It is also a way of building wealth for the future. The Real Estate market in India is ever India and this is quite a prospective market. The Real Estate market is booming and it is expected to contribute to as much as 13% by the year 2025 and $1 trillion market size by the year 2030. The NRI Investment in the Real Estate market in India is highly beneficial from every aspect offering for both substantial gains as well as secure and potentially high yielding asset class. Contacting a good NRI Property Management Services in Gurgaon will benefit you greatly.