Cap Removal on Loans to Lift NRI Real Estate Investments

Non-Resident Indians’ -NRIs, desire to invest more on real estate properties, has been further boosted by the Cap Removal on Loans.

Recently it was reported that nearly 90% of NRIs living in the United Arab Emirates (UAE), prefer Real Estate Investment. Most of them prefer to buy homes in India not with the plan to return rather as a safer means to invest their additional income. The survey pointed out a six point growth in comparison to the previous year.

Rupee’s lower value, volatile nature of stock markets, etc. are said to be enhancing factors for Real Estate Investment. Moreover the sluggish real estate prices often bring in higher returns. Besides all the above factors, availability of bank loans plays a prominent role. Continue reading