"The slide of the Indian rupee to a record low has unlocked a golden and unique opportunity for expatriates to turn their foreign-earned money into a profitable investment, and what's better than investing in a property," says Anupam Rastogi, co-founder and CBO-NRI sales at Square Yards, a prop tech organization.
India's real estate market has grown rapidly of late. The prices of residential units in key cities like Bangalore, Hyderabad, Mumbai, Delhi-NCR (National Capital Region), Chennai, and Pune rose by almost 7 per cent in 2022 and are likely to maintain the same pace in 2023 and 2024, according to Anarock.