The real estate market investment Driving force behind the steady growth of dollar against the rupee. The steadily depreciating value of the rupee, though it does not augur good for imports, has ensured that NRIs find it more lucrative to invest their forex earnings in India. Every dollar invested by an NRI in India has now greater returns in terms of the rupee. The Real Estate (Regulation & Development) Act, 2016 has restored the faith of homebuyers, particularly NRIs, in the property market in India.Ensuring greater transparency and accountability apart from a clear timeline for delivery of projects to investors, …
Why NRIs is the big investor group for Indian real estate?
